Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Revenue | 3.1B | 3.0B | 2.2B | 2.6B | 2.1B |
| Revenue Growth % | 2.6% | 38.2% | -16.7% | 25.1% | -- |
| Total Revenue | 3.1B | 3.0B | 2.2B | 2.6B | 2.1B |
| Cost Of Revenue | 2.3B | 2.2B | 1.7B | 2.0B | 1.4B |
| Gross Profit | 830.0M | 814.0M | 539.0M | 647.0M | 673.0M |
| Gross Margin % | 26.6% | 26.7% | 24.5% | 24.5% | 31.8% |
| Total Operating Cost | 3.0B | 3.0B | 2.3B | 2.5B | 1.8B |
| Selling Expenses | 378.0M | 351.0M | 246.0M | 290.0M | 229.0M |
| Admin Expenses | 117.0M | 105.0M | 104.0M | 109.0M | 78.2M |
| Rd Expenses | 78.0M | 73.4M | 68.6M | 58.4M | 54.6M |
| Finance Expenses | -258,600 | 84,500 | -264,300 | -21.4M | -14.3M |
| Operating Income | 178.0M | 66.7M | -58.2M | 172.0M | 298.0M |
| Operating Margin % | 5.7% | 2.2% | -2.6% | 6.5% | 14.1% |
| Non Operating Income | 1.3M | 2.3M | 10.0M | 5.7M | 6.2M |
| Non Operating Expenses | 3.3M | 2.9M | 3.7M | 1.3M | 6.0M |
| Investment Income | -4.6M | -5.2M | -526,200 | -1.8M | -1.6M |
| Fair Value Change Income | 174,500 | -- | 4.5M | -- | -- |
| Asset Disposal Income | 91,300 | -568,200 | 215,000 | 583,500 | 25,600 |
| Asset Impairment Loss | 19.5M | 14.6M | 13.6M | 8.9M | 2.4M |
| Other Income | 34.9M | 28.3M | 14.7M | 12.4M | 20.9M |
| Income Before Tax | 176.0M | 66.1M | -51.8M | 176.0M | 298.0M |
| Income Tax | 39.4M | 15.0M | -1.2M | 38.7M | 58.4M |
| Net Income | 136.0M | 51.1M | -50.6M | 137.0M | 240.0M |
| Net Margin % | 4.4% | 1.7% | -2.3% | 5.2% | 11.4% |
| Net Income Attributable | 139.0M | 54.6M | -42.9M | 138.0M | 240.0M |
| Minority Interest | -2.6M | -3.5M | -7.7M | -217,400 | 32,100 |
| Eps Basic | 0.32 | 0.13 | -0.10 | 0.32 | 0.65 |
| Eps Diluted | 0.32 | 0.13 | -0.10 | 0.32 | 0.65 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 328.0M | 369.0M | 226.0M | 416.0M | 255.0M |
| Trading Financial Assets | 115.0M | -- | 186.0M | -- | 35.6M |
| Accounts Receivable | 1.4B | 1.2B | 930.0M | 913.0M | 611.0M |
| Notes Receivable | 7.4M | 7.6M | 46.5M | 163.0M | 115.0M |
| Notes And Accounts Receivable | 1.4B | 1.2B | 976.0M | 1.1B | 726.0M |
| Prepayments | 19.9M | 34.2M | 62.1M | 52.1M | 66.1M |
| Inventory | 384.0M | 355.0M | 336.0M | 362.0M | 274.0M |
| Total Current Assets | 2.4B | 2.1B | 2.0B | 2.0B | 1.4B |
| Fixed Assets | -- | 1.3B | 1.3B | 901.0M | 437.0M |
| Fixed Assets Total | 1.4B | 1.3B | 1.3B | 901.0M | 437.0M |
| Construction In Progress | -- | 209.0M | 210.0M | 488.0M | 558.0M |
| Construction In Progress Total | 162.0M | 209.0M | 210.0M | 488.0M | 558.0M |
| Intangible Assets | 232.0M | 208.0M | 212.0M | 152.0M | 161.0M |
| Long Term Deferred Expenses | 686,000 | 591,000 | 264,500 | 338,700 | -- |
| Total Non Current Assets | 1.9B | 1.9B | 1.8B | 1.7B | 1.2B |
| Total Assets | 4.4B | 4.0B | 3.8B | 3.6B | 2.6B |
| Short Term Borrowings | 707.0M | 422.0M | 481.0M | 230.0M | 417,700 |
| Accounts Payable | 1.2B | 1.0B | 845.0M | 888.0M | 559.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 177.0M | 180.0M | 167.0M | 190.0M | 183.0M |
| Total Current Liabilities | 2.7B | 2.3B | 2.0B | 1.9B | 1.4B |
| Long Term Borrowings | 100,100 | -- | -- | -- | -- |
| Total Non Current Liabilities | 59.9M | 57.5M | 45.7M | 47.6M | 43.8M |
| Total Liabilities | 2.7B | 2.4B | 2.1B | 1.9B | 1.5B |
| Paid In Capital | 450.0M | 440.0M | 443.0M | 436.0M | 369.0M |
| Capital Reserve | 692.0M | 661.0M | 672.0M | 647.0M | 115.0M |
| Surplus Reserve | 115.0M | 107.0M | 104.0M | 102.0M | 88.4M |
| Retained Earnings | 432.0M | 432.0M | 470.0M | 543.0M | 528.0M |
| Minority Equity | 33.5M | 62.4M | 56.1M | -1.1M | -857,300 |
| Equity Attributable | 1.6B | 1.6B | 1.7B | 1.7B | 1.1B |
| Total Equity | 1.7B | 1.7B | 1.7B | 1.7B | 1.1B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 3.1B | 3.1B | 2.4B | 2.6B | 2.1B |
| Tax Refunds Received | -- | -- | -- | 78,500 | 486,000 |
| Total Operating Cash Inflow | 3.2B | 3.2B | 2.5B | 2.7B | 2.2B |
| Cash Paid For Goods | 2.0B | 2.0B | 1.6B | 1.9B | 1.1B |
| Cash Paid To Employees | 521.0M | 453.0M | 430.0M | 470.0M | 368.0M |
| Taxes Paid | 275.0M | 234.0M | 177.0M | 217.0M | 148.0M |
| Total Operating Cash Outflow | 3.1B | 2.9B | 2.5B | 2.8B | 1.8B |
| Operating Cash Flow | 97.4M | 293.0M | 10.5M | -104.0M | 356.0M |
| Total Investing Cash Inflow | 115.0M | 203.0M | 255.0M | 502.0M | 313.0M |
| Total Investing Cash Outflow | 384.0M | 228.0M | 763.0M | 930.0M | 598.0M |
| Investing Cash Flow | -269.0M | -25.2M | -508.0M | -427.0M | -285.0M |
| Cash From Borrowings | 967.0M | 682.0M | 787.0M | 280.0M | 57.3M |
| Dividends And Interest Paid | 149.0M | 105.0M | 44.8M | 111.0M | 717,100 |
| Debt Repayments | 683.0M | 740.0M | 537.0M | 50.4M | 56.9M |
| Total Financing Cash Inflow | 1.0B | 691.0M | 885.0M | 919.0M | 57.3M |
| Total Financing Cash Outflow | 931.0M | 866.0M | 586.0M | 206.0M | 60.7M |
| Financing Cash Flow | 88.6M | -174.0M | 299.0M | 713.0M | -3.4M |
| Net Change In Cash | -84.1M | 92.9M | -199.0M | 181.0M | 67.0M |
| Ending Cash Balance | 189.0M | 273.0M | 180.0M | 380.0M | 199.0M |
| Capex | 157.0M | 216.0M | 176.0M | 473.0M | 259.0M |