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 | 942.0M | 1.1B | 1.0B | 1.1B | 843.0M | 508.0M | 735.0M | 633.0M | 390.0M |
| Revenue Growth % | -11.5% | 6.3% | -9.2% | 30.8% | 65.9% | -30.9% | 16.1% | 62.3% | -- |
| Total Revenue | 942.0M | 1.1B | 1.0B | 1.1B | 843.0M | 508.0M | 735.0M | 633.0M | 390.0M |
| Cost Of Revenue | 341.0M | 297.0M | 264.0M | 223.0M | 145.0M | 106.0M | 115.0M | 98.3M | 82.0M |
| Gross Profit | 601.0M | 767.0M | 737.0M | 880.0M | 698.0M | 402.0M | 620.0M | 534.7M | 308.0M |
| Gross Margin % | 63.8% | 72.1% | 73.6% | 79.8% | 82.8% | 79.1% | 84.4% | 84.5% | 79.0% |
| Total Operating Cost | 576.0M | 644.0M | 568.0M | 461.0M | 343.0M | 271.0M | 326.0M | 269.0M | 182.0M |
| Selling Expenses | 114.0M | 155.0M | 160.0M | 134.0M | 113.0M | 84.3M | 113.0M | 86.1M | 58.3M |
| Admin Expenses | 61.6M | 67.0M | 66.8M | 74.9M | 44.4M | 35.9M | 45.2M | 31.3M | 17.5M |
| Rd Expenses | 86.1M | 88.5M | 103.0M | 80.0M | 59.1M | 47.4M | 47.6M | 53.1M | 21.6M |
| Finance Expenses | -61.6M | -66.3M | -63.4M | -64.7M | -32.6M | -13.4M | -770,000 | -5.2M | -414,300 |
| Operating Income | 439.0M | 459.0M | 467.0M | 661.0M | 524.0M | 279.0M | 452.0M | 377.0M | 210.0M |
| Operating Margin % | 46.6% | 43.1% | 46.7% | 59.9% | 62.2% | 54.9% | 61.5% | 59.6% | 53.8% |
| Non Operating Income | 167,600 | 134,300 | 52,800 | 30,000 | 128,800 | 57,900 | 3,100 | 11,400 | 6.2M |
| Non Operating Expenses | 882,400 | 1.7M | 159,400 | 983,300 | 4.8M | 811,600 | 104,800 | 219,400 | 352,400 |
| Investment Income | 6.6M | 19.5M | 6.7M | 5.1M | 4.0M | 12.8M | 25.8M | 6.4M | 1.4M |
| Fair Value Change Income | 31.0M | -10.2M | 1.4M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 926,900 | -- | -- | -- | -- | 7.0M | -- | -- | -208,300 |
| Asset Impairment Loss | 16.1M | 15.8M | 7.4M | 750,300 | 1.8M | 1.2M | 3.1M | 2.4M | 731,700 |
| Other Income | 34.7M | 29.7M | 25.2M | 14.3M | 20.2M | 22.6M | 17.3M | 6.6M | -- |
| Income Before Tax | 438.0M | 458.0M | 467.0M | 660.0M | 520.0M | 278.0M | 452.0M | 376.0M | 216.0M |
| Income Tax | 56.6M | 62.0M | 57.5M | 89.4M | 71.9M | 35.7M | 62.9M | 56.0M | 29.6M |
| Net Income | 381.0M | 396.0M | 409.0M | 571.0M | 448.0M | 243.0M | 389.0M | 320.0M | 186.0M |
| Net Margin % | 40.4% | 37.2% | 40.9% | 51.8% | 53.1% | 47.8% | 52.9% | 50.6% | 47.7% |
| Net Income Attributable | 382.0M | 396.0M | 410.0M | 571.0M | 448.0M | 243.0M | 389.0M | 320.0M | 186.0M |
| Minority Interest | -860,500 | -354,400 | -371,300 | -105,200 | -- | -- | -56,000 | -6,000 | 9,800 |
| Eps Basic | 0.82 | 0.85 | 0.88 | 1.23 | 1.16 | 0.67 | 1.08 | 0.89 | 0.52 |
| Eps Diluted | 0.82 | 0.85 | 0.88 | 1.23 | 1.16 | 0.67 | 1.08 | 0.89 | 0.52 |
| 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 | 543.0M | 582.0M | 456.0M | 555.0M | 1.9B | 671.0M | 611.0M | 59.0M | 268.0M |
| Trading Financial Assets | 720.0M | 745.0M | 675.0M | 213.0M | 270.0M | -- | -- | -- | -- |
| Accounts Receivable | 335.0M | 331.0M | 324.0M | 268.0M | 153.0M | 88.7M | 86.9M | 61.8M | 32.1M |
| Notes Receivable | -- | -- | 82.7M | 7.5M | 32.0M | 12.2M | 11.7M | 950,000 | 1.3M |
| Notes And Accounts Receivable | 335.0M | 331.0M | 406.0M | 275.0M | 185.0M | 101.0M | 98.6M | 62.8M | 33.4M |
| Prepayments | 2.9M | 7.7M | 9.1M | 10.3M | 19.5M | 16.6M | 2.1M | 3.5M | 2.1M |
| Inventory | 126.0M | 145.0M | 169.0M | 109.0M | 71.1M | 62.9M | 71.2M | 60.3M | 29.2M |
| Total Current Assets | 2.5B | 2.6B | 2.6B | 1.8B | 2.5B | 852.0M | 894.0M | 613.0M | 384.0M |
| Fixed Assets | -- | 799.0M | 881.0M | 515.0M | 204.0M | 228.0M | 261.0M | 274.0M | -- |
| Fixed Assets Total | 735.0M | 799.0M | 881.0M | 515.0M | 204.0M | 228.0M | 261.0M | 274.0M | 169.0M |
| Construction In Progress | -- | 43.1M | 17.0M | 389.0M | 354.0M | 220.0M | 27.1M | -- | -- |
| Construction In Progress Total | 135.0M | 43.1M | 17.0M | 389.0M | 354.0M | 220.0M | 27.1M | -- | -- |
| Intangible Assets | 65.1M | 60.0M | 59.9M | 57.2M | 53.4M | 31.6M | 32.6M | 30.3M | 19.0M |
| Long Term Deferred Expenses | 1.6M | 1.2M | -- | -- | -- | -- | -- | 79,700 | 118,100 |
| Total Non Current Assets | 2.0B | 2.1B | 1.8B | 2.0B | 649.0M | 519.0M | 336.0M | 319.0M | 208.0M |
| Total Assets | 4.5B | 4.7B | 4.4B | 3.7B | 3.1B | 1.4B | 1.2B | 932.0M | 592.0M |
| Short Term Borrowings | -- | 207.0M | 132.0M | 18.0M | 60.1M | -- | -- | -- | -- |
| Accounts Payable | 146.0M | 132.0M | 196.0M | 196.0M | 145.0M | 106.0M | 40.9M | 38.7M | 27.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.1M | 19.0M | 19.3M | 39.5M |
| Contract Liabilities | 149.0M | 158.0M | 102.0M | 63.2M | 64.0M | -- | -- | -- | -- |
| Total Current Liabilities | 463.0M | 758.0M | 624.0M | 492.0M | 354.0M | 207.0M | 310.0M | 218.0M | 142.0M |
| Long Term Borrowings | -- | -- | 140.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 89.3M | 75.3M | 268.0M | 79.2M | 48.2M | 45.2M | 43.9M | 40.8M | 37.2M |
| Total Liabilities | 553.0M | 834.0M | 892.0M | 571.0M | 402.0M | 252.0M | 354.0M | 259.0M | 179.0M |
| Paid In Capital | 466.0M | 466.0M | 466.0M | 465.0M | 465.0M | 360.0M | 360.0M | 75.0M | 75.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 67.1M | 67.1M | 67.8M | 67.8M |
| Surplus Reserve | 269.0M | 269.0M | 269.0M | 229.0M | 172.0M | 127.0M | 103.0M | 63.9M | 31.9M |
| Retained Earnings | 2.1B | 1.9B | 1.6B | 1.3B | 968.0M | 565.0M | 346.0M | 466.0M | 238.0M |
| Minority Equity | 2.1M | 2.0M | 2.1M | 439,800 | -- | -- | -- | 329,000 | 335,000 |
| Equity Attributable | 3.9B | 3.8B | 3.5B | 3.2B | 2.7B | 1.1B | 876.0M | 673.0M | 413.0M |
| Total Equity | 3.9B | 3.8B | 3.5B | 3.2B | 2.7B | 1.1B | 876.0M | 673.0M | 413.0M |
| 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 | 817.0M | 1.1B | 934.0M | 936.0M | 780.0M | 461.0M | 688.0M | 598.0M | 408.0M |
| Tax Refunds Received | 158,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 880.0M | 1.1B | 988.0M | 974.0M | 806.0M | 485.0M | 709.0M | 613.0M | 418.0M |
| Cash Paid For Goods | 78.1M | 145.0M | 141.0M | 76.3M | 87.0M | 52.5M | 46.2M | 64.1M | 57.5M |
| Cash Paid To Employees | 186.0M | 195.0M | 192.0M | 169.0M | 124.0M | 108.0M | 104.0M | 76.4M | 53.3M |
| Taxes Paid | 110.0M | 98.3M | 96.8M | 86.9M | 99.8M | 82.3M | 82.8M | 53.1M | 34.6M |
| Total Operating Cash Outflow | 488.0M | 594.0M | 564.0M | 443.0M | 406.0M | 330.0M | 357.0M | 276.0M | 198.0M |
| Operating Cash Flow | 393.0M | 538.0M | 424.0M | 531.0M | 400.0M | 155.0M | 352.0M | 338.0M | 221.0M |
| Total Investing Cash Inflow | 1.4B | 2.0B | 914.0M | 1.2B | 705.0M | 775.0M | 1.6B | 436.0M | 122.0M |
| Total Investing Cash Outflow | 1.3B | 2.4B | 1.6B | 1.5B | 1.9B | 1.4B | 1.2B | 936.0M | 119.0M |
| Investing Cash Flow | 96.6M | -329.0M | -637.0M | -331.0M | -1.2B | -624.0M | 323.0M | -500.0M | 2.8M |
| Cash From Borrowings | 97.0M | 237.0M | 271.0M | 78.0M | 60.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 205.0M | 97.1M | 93.5M | 137.0M | 369,000 | 85.8M | 122.0M | 47.2M | 30.0M |
| Debt Repayments | 383.0M | 222.0M | 78.0M | 60.0M | -- | -- | -- | -- | 4.0M |
| Total Financing Cash Inflow | 122.0M | 344.0M | 299.0M | 98.0M | 1.2B | -- | 2.5M | -- | -- |
| Total Financing Cash Outflow | 625.0M | 447.0M | 186.0M | 219.0M | 12.5M | 85.8M | 123.0M | 49.8M | 34.0M |
| Financing Cash Flow | -503.0M | -102.0M | 114.0M | -121.0M | 1.2B | -85.8M | -121.0M | -49.8M | -34.0M |
| Net Change In Cash | -13.9M | 107.0M | -99.9M | 79.0M | 416.0M | -555.0M | 554.0M | -212.0M | 189.0M |
| Ending Cash Balance | 543.0M | 557.0M | 451.0M | 551.0M | 472.0M | 56.0M | 611.0M | 56.5M | 268.0M |
| Capex | 107.0M | 105.0M | 103.0M | 374.0M | 112.0M | 138.0M | 31.4M | 129.0M | 29.1M |