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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 983.0M | 778.0M | 554.0M | 423.0M | 323.0M | 251.0M | 175.0M |
| Revenue Growth % | 0.2% | 16.6% | 26.3% | 40.4% | 31.0% | 31.0% | 28.7% | 43.4% | -- |
| Total Revenue | 1.1B | 1.1B | 983.0M | 778.0M | 554.0M | 423.0M | 323.0M | 251.0M | 175.0M |
| Cost Of Revenue | 376.0M | 424.0M | 408.0M | 299.0M | 217.0M | 167.0M | 131.0M | 97.9M | 69.2M |
| Gross Profit | 772.0M | 722.0M | 575.0M | 479.0M | 337.0M | 256.0M | 192.0M | 153.1M | 105.8M |
| Gross Margin % | 67.2% | 63.0% | 58.5% | 61.6% | 60.8% | 60.5% | 59.4% | 61.0% | 60.5% |
| Total Operating Cost | 803.0M | 840.0M | 753.0M | 613.0M | 433.0M | 342.0M | 285.0M | 227.0M | 190.0M |
| Selling Expenses | 153.0M | 166.0M | 148.0M | 119.0M | 91.2M | 80.3M | 69.9M | 54.5M | 41.4M |
| Admin Expenses | 69.0M | 54.8M | 45.9M | 35.9M | 24.3M | 18.4M | 12.9M | 20.4M | 33.8M |
| Rd Expenses | 201.0M | 173.0M | 171.0M | 156.0M | 103.0M | 77.9M | 66.7M | 50.0M | 39.4M |
| Finance Expenses | -43.9M | -31.6M | -35.6M | -9.2M | -10.9M | -8.4M | -484,700 | 227,100 | 4.2M |
| Operating Income | 378.0M | 345.0M | 256.0M | 203.0M | 157.0M | 113.0M | 89.6M | 54.4M | -11.2M |
| Operating Margin % | 32.9% | 30.1% | 26.0% | 26.1% | 28.3% | 26.7% | 27.8% | 21.7% | -6.4% |
| Non Operating Income | 2.1M | 845,800 | 359,800 | 91,600 | 550,700 | 22,900 | 413,500 | 66,100 | 22.9M |
| Non Operating Expenses | 374,700 | 1.4M | 274,100 | 335,300 | 860,400 | 172,300 | 393,500 | 16,300 | 27,400 |
| Investment Income | 271,800 | -60,400 | 795,000 | 2.9M | 6.8M | 5.1M | 14.4M | 7.6M | 4.5M |
| Fair Value Change Income | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -37,400 | 54,700 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 25.4M | 36.8M | 4.3M | 3.1M | 2.2M | 1.5M | 1.3M | 968,300 | 134,000 |
| Other Income | 31.3M | 39.3M | 25.1M | 35.4M | 28.9M | 27.1M | 37.1M | 23.1M | -- |
| Income Before Tax | 379.0M | 345.0M | 257.0M | 203.0M | 156.0M | 113.0M | 89.7M | 54.5M | 11.7M |
| Income Tax | 36.5M | 17.0M | 5.3M | 12.7M | 12.3M | 12.4M | 8.5M | 6.9M | 1.8M |
| Net Income | 343.0M | 327.0M | 251.0M | 190.0M | 144.0M | 101.0M | 81.1M | 47.6M | 9.9M |
| Net Margin % | 29.9% | 28.5% | 25.5% | 24.4% | 26.0% | 23.9% | 25.1% | 19.0% | 5.6% |
| Net Income Attributable | 345.0M | 329.0M | 251.0M | 190.0M | 144.0M | 101.0M | 81.1M | 47.6M | 9.9M |
| Minority Interest | -2.4M | -1.1M | -313,100 | -156,500 | 20,700 | -- | -- | -- | -- |
| Eps Basic | 0.81 | 0.77 | 0.60 | 0.45 | 0.34 | 0.26 | 0.21 | 0.13 | -- |
| Eps Diluted | 0.81 | 0.77 | 0.60 | 0.45 | 0.34 | 0.26 | 0.21 | 0.13 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.7B | 1.3B | 932.0M | 809.0M | 845.0M | 820.0M | 517.0M | 497.0M | 411.0M |
| Trading Financial Assets | 73.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 185.0M | 165.0M | 95.1M | 51.1M | 14.8M | 6.9M | 14.8M | 5.6M | 594,100 |
| Notes And Accounts Receivable | 185.0M | 165.0M | 95.1M | 51.1M | 14.8M | 6.9M | 14.8M | 5.6M | 594,100 |
| Prepayments | 10.1M | 8.0M | 7.3M | 14.8M | 5.3M | 2.8M | 1.6M | 2.7M | 2.5M |
| Inventory | 173.0M | 144.0M | 142.0M | 113.0M | 72.6M | 46.1M | 38.6M | 38.3M | 25.5M |
| Total Current Assets | 2.2B | 1.7B | 1.2B | 1.0B | 958.0M | 892.0M | 583.0M | 549.0M | 442.0M |
| Fixed Assets | -- | 245.0M | 215.0M | 207.0M | 156.0M | 127.0M | 20.2M | -- | -- |
| Fixed Assets Total | 439.0M | 245.0M | 215.0M | 207.0M | 156.0M | 127.0M | 20.2M | 21.6M | 18.2M |
| Construction In Progress | -- | 208.0M | 213.0M | 86.9M | 52.9M | 54.6M | 108.0M | -- | -- |
| Construction In Progress Total | 45.4M | 208.0M | 213.0M | 86.9M | 52.9M | 54.6M | 108.0M | 31.8M | 3.7M |
| Intangible Assets | 101.0M | 95.7M | 99.5M | 96.4M | 96.1M | 88.5M | 88.2M | 15.1M | 15.3M |
| Long Term Deferred Expenses | 1.4M | 2.3M | 2.4M | 2.0M | 2.5M | 532,400 | 2.4M | 3.5M | 4.1M |
| Total Non Current Assets | 712.0M | 675.0M | 626.0M | 464.0M | 332.0M | 287.0M | 229.0M | 161.0M | 55.6M |
| Total Assets | 2.9B | 2.3B | 1.8B | 1.5B | 1.3B | 1.2B | 812.0M | 710.0M | 498.0M |
| Short Term Borrowings | 600.0M | 240.0M | 132.0M | -- | 2.1M | -- | -- | -- | -- |
| Accounts Payable | 106.0M | 98.8M | 70.9M | 79.1M | 56.8M | 49.4M | 37.0M | 20.3M | 12.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 15.5M | 27.9M | 18.8M | 28.9M |
| Contract Liabilities | 23.3M | 42.1M | 58.9M | 21.6M | 17.1M | -- | -- | -- | -- |
| Total Current Liabilities | 842.0M | 525.0M | 368.0M | 204.0M | 133.0M | 102.0M | 108.0M | 76.5M | 67.1M |
| Total Non Current Liabilities | 3.1M | 8.5M | 9.0M | 12.6M | 13.3M | 27.5M | 35.7M | 46.7M | 59.6M |
| Total Liabilities | 845.0M | 534.0M | 377.0M | 217.0M | 146.0M | 129.0M | 144.0M | 123.0M | 127.0M |
| Paid In Capital | 428.0M | 428.0M | 422.0M | 422.0M | 422.0M | 422.0M | 379.0M | 379.0M | 51.7M |
| Capital Reserve | 628.0M | 613.0M | 490.0M | 482.0M | 484.0M | 484.0M | 187.0M | 187.0M | 268.0M |
| Surplus Reserve | 101.0M | 73.6M | 54.2M | 40.7M | 33.2M | 22.0M | 10.9M | 2.3M | 5.5M |
| Retained Earnings | 880.0M | 682.0M | 474.0M | 311.0M | 203.0M | 121.0M | 91.6M | 18.9M | 45.3M |
| Minority Equity | -1.6M | 875,100 | 3.7M | 2.5M | 608,900 | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 1.8B | 1.4B | 1.3B | 1.1B | 1.1B | 668.0M | 587.0M | 371.0M |
| Total Equity | 2.0B | 1.8B | 1.4B | 1.3B | 1.1B | 1.1B | 668.0M | 587.0M | 371.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 1.2B | 1.1B | 822.0M | 609.0M | 473.0M | 374.0M | 276.0M | 189.0M |
| Tax Refunds Received | 22.7M | 35.3M | 23.6M | 21.0M | 17.9M | 14.0M | 17.6M | 7.8M | 5.2M |
| Total Operating Cash Inflow | 1.3B | 1.2B | 1.1B | 882.0M | 648.0M | 501.0M | 403.0M | 288.0M | 215.0M |
| Cash Paid For Goods | 384.0M | 367.0M | 432.0M | 319.0M | 233.0M | 166.0M | 126.0M | 108.0M | 76.7M |
| Cash Paid To Employees | 357.0M | 316.0M | 260.0M | 234.0M | 150.0M | 126.0M | 97.2M | 72.2M | 47.9M |
| Taxes Paid | 138.0M | 129.0M | 62.3M | 36.7M | 44.2M | 50.5M | 38.0M | 25.3M | 25.4M |
| Total Operating Cash Outflow | 982.0M | 942.0M | 859.0M | 700.0M | 512.0M | 409.0M | 321.0M | 252.0M | 187.0M |
| Operating Cash Flow | 296.0M | 304.0M | 272.0M | 182.0M | 136.0M | 91.8M | 81.1M | 35.3M | 28.0M |
| Total Investing Cash Inflow | 121.0M | 108.0M | 111.0M | 463.0M | 894.0M | 540.0M | 1.1B | 635.0M | 445.0M |
| Total Investing Cash Outflow | 180.0M | 168.0M | 644.0M | 593.0M | 951.0M | 606.0M | 1.1B | 747.0M | 472.0M |
| Investing Cash Flow | -58.7M | -60.0M | -533.0M | -130.0M | -57.5M | -66.0M | -58.2M | -111.0M | -27.6M |
| Cash From Borrowings | 900.0M | 375.0M | 212.0M | -- | -- | -- | -- | 20.0M | 132.0M |
| Dividends And Interest Paid | 125.0M | 103.0M | 75.2M | 75.2M | 50.7M | 60.0M | 171,300 | 538,100 | 3.8M |
| Debt Repayments | 540.0M | 267.0M | 80.5M | 2.1M | 800,000 | -- | -- | 20.0M | 133.0M |
| Total Financing Cash Inflow | 928.0M | 495.0M | 212.0M | 560,000 | 1.9M | 359.0M | -- | 183.0M | 348.0M |
| Total Financing Cash Outflow | 665.0M | 392.0M | 159.0M | 83.5M | 52.5M | 81.4M | 3.4M | 20.5M | 143.0M |
| Financing Cash Flow | 263.0M | 103.0M | 52.7M | -83.0M | -50.6M | 278.0M | -3.4M | 163.0M | 206.0M |
| Net Change In Cash | 509.0M | 352.0M | -187.0M | -36.0M | 24.8M | 303.0M | 19.7M | 86.5M | 206.0M |
| Ending Cash Balance | 1.5B | 974.0M | 621.0M | 809.0M | 845.0M | 820.0M | 517.0M | 497.0M | 411.0M |
| Capex | 62.0M | 48.6M | 184.0M | 122.0M | 54.1M | 67.3M | 73.4M | 119.0M | 32.2M |