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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.3B | 1.2B | 1.2B | 1.7B | 1.3B | 1.2B | 1.1B | 833.0M | 565.0M | 397.0M |
| Revenue Growth % | 8.3% | 5.3% | -31.8% | 35.1% | 4.1% | 7.3% | 36.7% | 47.4% | 42.3% | -- |
| Total Revenue | 1.3B | 1.2B | 1.2B | 1.7B | 1.3B | 1.2B | 1.1B | 833.0M | 565.0M | 397.0M |
| Cost Of Revenue | 1.0B | 922.0M | 950.0M | 1.4B | 869.0M | 770.0M | 689.0M | 501.0M | 306.0M | 237.0M |
| Gross Profit | 305.0M | 312.0M | 222.0M | 359.0M | 403.0M | 452.0M | 450.0M | 332.0M | 259.0M | 160.0M |
| Gross Margin % | 22.8% | 25.3% | 18.9% | 20.9% | 31.7% | 37.0% | 39.5% | 39.9% | 45.8% | 40.3% |
| Total Operating Cost | 1.2B | 1.1B | 1.1B | 1.6B | 1.1B | 989.0M | 844.0M | 658.0M | 375.0M | 302.0M |
| Selling Expenses | 66.0M | 55.1M | 60.8M | 69.8M | 50.0M | 82.0M | 64.3M | 47.0M | 31.4M | 20.1M |
| Admin Expenses | 76.4M | 80.9M | 84.7M | 77.1M | 58.3M | 62.6M | 41.2M | 62.4M | 21.7M | 27.8M |
| Rd Expenses | 66.3M | 55.9M | 59.8M | 70.1M | 55.5M | 61.8M | 47.4M | 29.8M | 21.2M | 15.5M |
| Finance Expenses | -21.4M | -31.3M | -35.8M | 17.6M | 19.8M | -5.3M | -13.6M | 7.1M | -12.7M | -6.6M |
| Operating Income | 105.0M | 131.0M | 58.9M | 134.0M | 209.0M | 253.0M | 310.0M | 181.0M | 192.0M | 99.0M |
| Operating Margin % | 7.9% | 10.6% | 5.0% | 7.8% | 16.4% | 20.7% | 27.2% | 21.7% | 34.0% | 24.9% |
| Non Operating Income | 312,600 | 320,700 | 441,600 | 13,500 | 529,700 | 811,800 | 658,500 | 617,100 | 6.0M | 983,400 |
| Non Operating Expenses | 2.3M | 2.1M | 2.9M | 1.2M | 3.1M | 239,500 | 1.2M | 2.2M | 5.9M | 115,400 |
| Investment Income | 8.4M | 3.6M | 14.1M | 24.6M | 9.5M | 5.7M | 7.0M | 3.0M | 2.7M | 4.0M |
| Fair Value Change Income | -155,600 | -200,500 | 73,600 | 214,800 | -- | -- | -182,800 | 182,800 | -- | -- |
| Asset Disposal Income | -334,500 | -351,900 | -533,500 | -425,200 | -527,800 | 170,100 | 33,700 | -111,600 | 1,200 | -- |
| Asset Impairment Loss | 11.9M | 17.7M | 11.7M | 11.4M | 7.8M | 3.7M | 6.9M | 5.3M | 3.6M | 5.1M |
| Other Income | 5.7M | 5.3M | 6.3M | 6.2M | 7.5M | 14.0M | 9.0M | 2.6M | -- | -- |
| Income Before Tax | 103.0M | 130.0M | 56.4M | 133.0M | 207.0M | 253.0M | 310.0M | 179.0M | 192.0M | 99.9M |
| Income Tax | 16.1M | 22.1M | 7.8M | 16.3M | 34.2M | 37.6M | 48.4M | 31.7M | 28.7M | 14.4M |
| Net Income | 86.7M | 108.0M | 48.6M | 117.0M | 173.0M | 216.0M | 261.0M | 147.0M | 163.0M | 85.5M |
| Net Margin % | 6.5% | 8.8% | 4.1% | 6.8% | 13.6% | 17.7% | 22.9% | 17.6% | 28.8% | 21.5% |
| Net Income Attributable | 86.7M | 108.0M | 48.6M | 117.0M | 173.0M | 216.0M | 261.0M | 147.0M | 163.0M | 85.5M |
| Minority Interest | -21,100 | -26,000 | -7,100 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.24 | 1.53 | 0.69 | 1.67 | 2.81 | 5.76 | 6.97 | 3.93 | 5.20 | 7.42 |
| Eps Diluted | 1.24 | 1.53 | 0.69 | 1.66 | 2.81 | 5.76 | 6.97 | 3.93 | 5.20 | 7.42 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 671.0M | 922.0M | 713.0M | 654.0M | 611.0M | 180.0M | 219.0M | 152.0M | 153.0M | 98.0M |
| Trading Financial Assets | 381.0M | 101.0M | 180.0M | 385.0M | 630.0M | 200.0M | -- | 182,800 | -- | -- |
| Accounts Receivable | 301.0M | 256.0M | 281.0M | 450.0M | 355.0M | 256.0M | 238.0M | 194.0M | 124.0M | -- |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 18.1M | 11.0M | 9.5M | -- |
| Notes And Accounts Receivable | 301.0M | 256.0M | 281.0M | 450.0M | 355.0M | 256.0M | 256.0M | 205.0M | 134.0M | 93.1M |
| Prepayments | 11.9M | 11.2M | 9.6M | 14.6M | 9.3M | 8.4M | 7.6M | 6.0M | 3.7M | 3.8M |
| Inventory | 315.0M | 259.0M | 297.0M | 451.0M | 267.0M | 190.0M | 140.0M | 124.0M | 68.6M | 51.2M |
| Total Current Assets | 1.8B | 1.6B | 1.5B | 2.1B | 2.0B | 928.0M | 852.0M | 664.0M | 445.0M | 315.0M |
| Fixed Assets | -- | 621.0M | 622.0M | 341.0M | 192.0M | 204.0M | 167.0M | 129.0M | -- | -- |
| Fixed Assets Total | 770.0M | 621.0M | 622.0M | 341.0M | 192.0M | 204.0M | 167.0M | 129.0M | 88.5M | 57.9M |
| Construction In Progress | -- | 193.0M | 122.0M | 313.0M | 301.0M | 147.0M | 57.0M | 29.3M | -- | -- |
| Construction In Progress Total | 59.4M | 193.0M | 122.0M | 313.0M | 301.0M | 147.0M | 57.0M | 29.3M | 10.8M | 22.7M |
| Intangible Assets | 97.6M | 103.0M | 109.0M | 115.0M | 105.0M | 105.0M | 17.1M | 12.9M | 13.1M | 1.2M |
| Long Term Deferred Expenses | 8.3M | 4.0M | 3.7M | 4.7M | 4.1M | 4.4M | 2.4M | 982,700 | -- | -- |
| Total Non Current Assets | 1.1B | 1.1B | 983.0M | 866.0M | 611.0M | 463.0M | 305.0M | 180.0M | 119.0M | 96.8M |
| Total Assets | 2.8B | 2.7B | 2.5B | 2.9B | 2.6B | 1.4B | 1.2B | 844.0M | 564.0M | 412.0M |
| Short Term Borrowings | 5.0M | -- | -- | -- | -- | 194.0M | 3.0M | -- | -- | 11.5M |
| Accounts Payable | 298.0M | 211.0M | 177.0M | 341.0M | 334.0M | 213.0M | 168.0M | 160.0M | 77.7M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 5.2M | 9.8M | 6.5M | 1.7M | 1.4M |
| Contract Liabilities | 22.6M | 11.7M | 12.6M | 14.2M | 11.3M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 565.0M | 454.0M | 368.0M | 818.0M | 596.0M | 660.0M | 654.0M | 292.0M | 197.0M | 182.0M |
| Total Non Current Liabilities | 52.9M | 57.6M | 48.7M | 50.9M | 21.6M | 10.2M | 190,000 | 218,500 | 247,000 | 275,500 |
| Total Liabilities | 618.0M | 511.0M | 417.0M | 869.0M | 618.0M | 671.0M | 654.0M | 293.0M | 197.0M | 183.0M |
| Paid In Capital | 70.2M | 70.2M | 70.6M | 70.7M | 50.5M | 37.5M | 37.5M | 37.5M | 37.5M | 13.3M |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B | 249.0M | 247.0M | 247.0M | 210.0M | -- |
| Surplus Reserve | 116.0M | 116.0M | 116.0M | 116.0M | 116.0M | 94.1M | 69.6M | 40.2M | 24.6M | 36.9M |
| Retained Earnings | 712.0M | 657.0M | 569.0M | 555.0M | 490.0M | 340.0M | 149.0M | 227.0M | 95.2M | 179.0M |
| Minority Equity | 995,800 | 1.0M | 1.0M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.2B | 2.2B | 2.1B | 2.1B | 2.0B | 721.0M | 503.0M | 551.0M | 367.0M | 229.0M |
| Total Equity | 2.2B | 2.2B | 2.1B | 2.1B | 2.0B | 721.0M | 503.0M | 551.0M | 367.0M | 229.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 1.2B | 1.4B | 1.5B | 1.0B | 1.2B | 1.1B | 755.0M | 566.0M | 393.0M |
| Tax Refunds Received | 20.5M | 18.0M | 28.3M | 63.2M | 17.6M | 19.3M | 13.4M | 18.5M | 5.0M | 2.5M |
| Total Operating Cash Inflow | 1.3B | 1.3B | 1.5B | 1.6B | 1.1B | 1.2B | 1.2B | 798.0M | 598.0M | 415.0M |
| Cash Paid For Goods | 705.0M | 658.0M | 1.0B | 1.1B | 689.0M | 607.0M | 541.0M | 388.0M | 274.0M | 206.0M |
| Cash Paid To Employees | 308.0M | 279.0M | 305.0M | 353.0M | 259.0M | 261.0M | 201.0M | 144.0M | 87.0M | 62.4M |
| Taxes Paid | 35.5M | 26.5M | 28.6M | 35.9M | 43.6M | 52.5M | 47.3M | 43.0M | 50.0M | 18.3M |
| Total Operating Cash Outflow | 1.1B | 1.0B | 1.4B | 1.6B | 1.1B | 1.1B | 885.0M | 689.0M | 472.0M | 340.0M |
| Operating Cash Flow | 167.0M | 235.0M | 105.0M | -43.4M | 57.9M | 170.0M | 287.0M | 109.0M | 126.0M | 75.4M |
| Total Investing Cash Inflow | 1.3B | 284.0M | 1.0B | 1.2B | 1.2B | 229.0M | 682.0M | 238.0M | 129.0M | 178.0M |
| Total Investing Cash Outflow | 1.6B | 292.0M | 967.0M | 1.1B | 1.7B | 361.0M | 838.0M | 362.0M | 181.0M | 216.0M |
| Investing Cash Flow | -359.0M | -8.3M | 74.4M | 98.2M | -492.0M | -132.0M | -156.0M | -124.0M | -51.2M | -37.9M |
| Cash From Borrowings | 39.1M | -- | -- | -- | -- | 193.0M | 3.0M | -- | -- | 27.7M |
| Dividends And Interest Paid | 33.3M | 19.0M | 34.0M | 51.8M | 18.8M | 282.0M | 10.6M | 45.0M | 32.7M | 2.2M |
| Debt Repayments | 34.2M | -- | 4.1M | -- | 193.0M | 3.0M | -- | -- | 11.5M | 26.3M |
| Total Financing Cash Inflow | 39.1M | -- | 1.1M | -- | 1.1B | 193.0M | 3.0M | 1.0M | 24.1M | 29.7M |
| Total Financing Cash Outflow | 71.8M | 25.6M | 69.1M | 63.7M | 236.0M | 286.0M | 12.7M | 45.0M | 44.2M | 38.4M |
| Financing Cash Flow | -32.7M | -25.6M | -68.0M | -63.7M | 890.0M | -92.8M | -9.7M | -44.0M | -20.1M | -8.7M |
| Net Change In Cash | -246.0M | 210.0M | 133.0M | -14.2M | 449.0M | -54.4M | 122.0M | -59.0M | 54.3M | 28.8M |
| Ending Cash Balance | 671.0M | 918.0M | 708.0M | 575.0M | 589.0M | 141.0M | 195.0M | 73.2M | 132.0M | 77.9M |
| Capex | 89.4M | 92.3M | 96.9M | 170.0M | 127.0M | 85.0M | 144.0M | 31.0M | 35.7M | 30.0M |