| Summary of Consolidated Statements of Comprehensive Income |
2018 |
2017 |
2016 |
2015 |
2014 |
| Revenues |
336,707,790 |
325,599,861 |
217,121,593 |
249,328,849 |
477,643,910 |
| Gross Profit |
101,479,367 |
111,886,648 |
45,840,128 |
45,840,128 |
86,896,733 |
| Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA) |
66,005,948 |
84,410,985 |
44,563,348 |
12,389,585 |
33,560,667 |
| Profit (Loss) Before Tax |
48,191,469 |
73,030,968 |
29,391,728 |
(17,690,193) |
7,361,665 |
| Net Profit (Loss) |
40,205,422 |
55,748,001 |
17,979,743 |
(18,996,829) |
2,605,953 |
| Attributable to |
| Owners of the Company |
31,809,219 |
45,278,605 |
13,349,751 |
(19,245,125) |
410,792 |
| Noncontrolling Interests |
8,396,203 |
10,469,396 |
4,629,992 |
248,296 |
2,195,161 |
| Total Comprehensive Income (Loss) |
41,715,064 |
54,979,076 |
17,860,380 |
(12,272,743) |
3,888,760 |
| Attributable to |
| Owners of the Company |
33,235,057 |
44,431,120 |
13,272,300 |
(12,449,245) |
1,673,020 |
| Noncontrolling Interests |
8,480,007 |
10,547,956 |
4,588,080 |
176,502 |
2,215,740 |
| Earnings Per Share |
| Basic |
0.01239 |
0.017387 |
0.005016 |
(0.00714) |
0,00015 |
| Diluted |
0.01239 |
0.017387 |
0.005016 |
(0.00714) |
0,00015 |
| Summary of Consolidated Statements of Financial Position |
2018 |
2017 |
2016 |
2015 |
2014 |
| Current Assets |
310,761,349 |
314,799,790 |
268,174,019 |
225,450,032 |
280,935,293 |
| Noncurrent Assets |
157,227,846 |
144,643,281 |
145,191,834 |
155,203,973 |
163,325,292 |
| Total Assets |
467,989,195 |
459,443,071 |
413,365,853 |
380,654,005 |
444,260,585 |
| Current Liabilities |
68,153,325 |
57,754,920 |
52,932,232 |
32,609,650 |
78,548,349 |
| Noncurrent Liabilities |
11,349,079 |
5,827,429 |
5,003,300 |
4,614,692 |
4,144,074 |
| Total Liabilities |
79,502,404 |
63,582,349 |
57,935,532 |
37,224,342 |
82,692,423 |
| Non-controlling Interest |
86,446,386 |
80,563,920 |
73,330,516 |
71,379,326 |
74,306,840 |
| Equity Attributable to Owners of the Company |
302,040,405 |
315,296,802 |
282,099,803 |
272,050,337 |
287,598,341 |
| Total Equity |
388,486,791 |
395,860,722 |
355,430,319 |
343,429,663 |
361,568,162 |
| Ratio Analysis |
2018 |
2017 |
2016 |
2015 |
2014 |
| Operating Ratio |
| Gross Profit Margin |
30.10% |
31.30% |
31.30% |
18.4% |
18.2% |
| EBITDA Margin |
19.60% |
20.50% |
20.50% |
5.0% |
7.0% |
| Income Before Tax Margin |
14.30% |
13.50% |
13.50% |
(7.1%) |
1.5% |
| Net Income Attributable to Owners of the Company Margin |
9.40% |
6.10% |
6.10% |
(7.7%) |
0.1% |
| Net Income Attributable to Owners of the Company |
| - on Total Assets |
6.80% |
3.20% |
3.20% |
(5.1%) |
0.1% |
| - on Equity Attributable to Owners of the Company |
10.50% |
4.70% |
4.70% |
(7.1%) |
0.1% |
| Financial Ratio |
| Current Ratio |
4.6 |
5.7 |
5.1 |
6.9 |
3.6 |
| Total Liabilities to Total Assets Ratio |
0.2 |
0.1 |
0.1 |
0.1 |
0.2 |
| Total Liabilities to Total Equity Attributable to Owners of The Parent Ratio |
0.3 |
0.2 |
0.1 |
0.1 |
0.3 |
| Net Cash to EBITDA Ratio |
3.3 |
3.2 |
5.18 |
15.8 |
6.0 |
