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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8B | 1.6B | 1.3B | 1.3B | 1.1B | 1.0B | 860.0M | 652.0M |
| Revenue Growth % | 11.1% | 20.3% | 3.3% | 13.6% | 12.2% | 17.2% | 31.9% | -- |
| Total Revenue | 1.8B | 1.6B | 1.3B | 1.3B | 1.1B | 1.0B | 860.0M | 652.0M |
| Cost Of Revenue | 1.2B | 1.0B | 819.0M | 786.0M | 671.0M | 601.0M | 492.0M | 369.0M |
| Gross Profit | 589.0M | 558.0M | 509.0M | 499.0M | 460.0M | 407.0M | 368.0M | 283.0M |
| Gross Margin % | 33.2% | 34.9% | 38.3% | 38.8% | 40.7% | 40.4% | 42.8% | 43.4% |
| Total Operating Cost | 1.7B | 1.5B | 1.3B | 1.2B | 971.0M | 899.0M | 755.0M | 565.0M |
| Selling Expenses | 371.0M | 337.0M | 313.0M | 250.0M | 201.0M | 196.0M | 171.0M | 118.0M |
| Admin Expenses | 78.8M | 72.8M | 76.2M | 66.5M | 40.9M | 39.1M | 36.9M | 49.4M |
| Rd Expenses | 31.3M | 29.7M | 31.9M | 32.3M | 26.2M | 26.9M | 26.7M | 16.3M |
| Finance Expenses | 1.4M | -185,000 | -531,900 | -138,700 | 2.2M | 1.8M | 1.7M | 1.7M |
| Operating Income | 67.0M | 88.2M | 47.8M | 120.0M | 164.0M | 110.0M | 106.0M | 87.4M |
| Operating Margin % | 3.8% | 5.5% | 3.6% | 9.3% | 14.5% | 10.9% | 12.3% | 13.4% |
| Non Operating Income | 49.6M | 28.3M | 1.1M | 4.2M | 2.8M | 2.7M | 1.0M | 1.7M |
| Non Operating Expenses | 2.7M | 932,600 | 67.8M | 4.6M | 680,200 | 712,600 | 1.2M | 235,100 |
| Investment Income | 1.0M | 2.6M | 4.0M | 3.1M | 1.3M | -- | -- | 326,600 |
| Asset Disposal Income | -24,000 | 104,300 | 16,200 | -39,600 | -30,400 | -237,600 | -119,100 | -85,200 |
| Asset Impairment Loss | 33.9M | 24.4M | 33.3M | 20.0M | 18.7M | 23.8M | 15.3M | 4.1M |
| Other Income | 4.6M | 2.9M | 2.7M | 1.9M | 1.8M | 1.3M | 696,100 | 37,200 |
| Income Before Tax | 114.0M | 116.0M | -19.0M | 120.0M | 166.0M | 112.0M | 106.0M | 88.8M |
| Income Tax | 33.9M | 28.8M | -3.7M | 17.6M | 32.0M | 20.7M | 20.3M | 23.4M |
| Net Income | 80.0M | 86.7M | -15.3M | 102.0M | 134.0M | 91.8M | 85.7M | 65.4M |
| Net Margin % | 4.5% | 5.4% | -1.1% | 7.9% | 11.8% | 9.1% | 10.0% | 10.0% |
| Net Income Attributable | 80.3M | 87.1M | -15.0M | 102.0M | 134.0M | 91.8M | 85.7M | 65.4M |
| Minority Interest | -253,800 | -402,000 | -272,300 | -- | -- | -- | -- | -- |
| Eps Basic | 0.62 | 0.66 | -0.11 | 0.91 | 1.90 | 1.30 | 1.07 | 1.05 |
| Eps Diluted | 0.62 | 0.66 | -0.11 | 0.91 | 1.90 | 1.30 | 1.07 | 1.05 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 294.0M | 319.0M | 464.0M | 774.0M | 239.0M | 125.0M | 63.4M | 82.2M |
| Accounts Receivable | 104.0M | 124.0M | 121.0M | 95.5M | 61.3M | 78.2M | 46.2M | 41.2M |
| Notes Receivable | 3.2M | 6.7M | 5.9M | -- | -- | -- | 860,000 | 500,000 |
| Notes And Accounts Receivable | 108.0M | 131.0M | 127.0M | 95.5M | 61.3M | 78.2M | 47.1M | 41.7M |
| Prepayments | 31.5M | 35.7M | 14.8M | 15.1M | 10.5M | 11.5M | 13.1M | 1.3M |
| Inventory | 533.0M | 512.0M | 240.0M | 324.0M | 233.0M | 244.0M | 266.0M | 186.0M |
| Total Current Assets | 1.0B | 1.1B | 892.0M | 1.3B | 582.0M | 485.0M | 411.0M | 316.0M |
| Fixed Assets | -- | 145.0M | 149.0M | 146.0M | 92.7M | 48.3M | 49.4M | -- |
| Fixed Assets Total | 314.0M | 145.0M | 149.0M | 146.0M | 92.7M | 48.3M | 49.4M | 51.1M |
| Construction In Progress | -- | 261.0M | 42.1M | -- | 19.9M | 14.3M | -- | -- |
| Construction In Progress Total | 243.0M | 261.0M | 42.1M | -- | 19.9M | 14.3M | -- | -- |
| Intangible Assets | 323.0M | 331.0M | 334.0M | 53.1M | 53.2M | 22.9M | 5.3M | 2.2M |
| Long Term Deferred Expenses | 2.6M | 2.7M | 5.4M | 6.9M | 10.9M | 12.0M | 7.9M | 141,000 |
| Total Non Current Assets | 972.0M | 819.0M | 629.0M | 283.0M | 209.0M | 125.0M | 75.9M | 58.6M |
| Total Assets | 2.0B | 1.9B | 1.5B | 1.6B | 791.0M | 611.0M | 487.0M | 375.0M |
| Accounts Payable | 438.0M | 418.0M | 159.0M | 177.0M | 139.0M | 114.0M | 91.1M | 90.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 7.9M | 12.8M | 15.4M |
| Contract Liabilities | 14.1M | 13.0M | 13.4M | 13.6M | 10.4M | -- | -- | -- |
| Total Current Liabilities | 547.0M | 519.0M | 252.0M | 264.0M | 218.0M | 174.0M | 154.0M | 172.0M |
| Long Term Borrowings | 123.0M | 57.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 161.0M | 97.3M | 35.8M | 44.5M | 21.3M | 17.9M | 5.6M | 1.8M |
| Total Liabilities | 709.0M | 617.0M | 287.0M | 309.0M | 239.0M | 192.0M | 160.0M | 173.0M |
| Paid In Capital | 132.0M | 132.0M | 132.0M | 93.9M | 70.5M | 70.5M | 70.5M | 67.6M |
| Capital Reserve | 750.0M | 750.0M | 750.0M | 788.0M | 170.0M | 170.0M | 170.0M | 27.9M |
| Surplus Reserve | 28.1M | 28.1M | 26.9M | 26.4M | 18.7M | 9.6M | 1.6M | 5.2M |
| Retained Earnings | 425.0M | 358.0M | 325.0M | 340.0M | 293.0M | 168.0M | 84.5M | 101.0M |
| Minority Equity | -951,900 | -698,200 | -296,100 | -- | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.2B | 552.0M | 419.0M | 327.0M | 201.0M |
| Total Equity | 1.3B | 1.3B | 1.2B | 1.2B | 552.0M | 419.0M | 327.0M | 201.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.0B | 1.7B | 1.2B | 1.3B | 1.2B | 1.1B | 955.0M | 715.0M |
| Tax Refunds Received | 1.8M | 5.9M | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.1B | 1.7B | 1.2B | 1.3B | 1.3B | 1.1B | 961.0M | 721.0M |
| Cash Paid For Goods | 1.2B | 1.1B | 585.0M | 759.0M | 619.0M | 529.0M | 559.0M | 373.0M |
| Cash Paid To Employees | 268.0M | 261.0M | 238.0M | 204.0M | 153.0M | 157.0M | 142.0M | 106.0M |
| Taxes Paid | 119.0M | 95.5M | 73.9M | 110.0M | 99.0M | 91.6M | 131.0M | 69.7M |
| Total Operating Cash Outflow | 1.9B | 1.7B | 1.2B | 1.3B | 1.1B | 964.0M | 1.0B | 666.0M |
| Operating Cash Flow | 129.0M | 45.8M | 61.0M | 14.3M | 199.0M | 112.0M | -43.4M | 54.8M |
| Total Investing Cash Inflow | 395.0M | 848.0M | 949.0M | 838.0M | 287.0M | 115,500 | 603,800 | 1.1M |
| Total Investing Cash Outflow | 546.0M | 1.0B | 1.3B | 901.0M | 369.0M | 50.6M | 14.9M | 34.7M |
| Investing Cash Flow | -151.0M | -186.0M | -364.0M | -63.4M | -81.8M | -50.5M | -14.3M | -33.6M |
| Cash From Borrowings | 65.9M | 56.9M | -- | -- | -- | -- | -- | 10.0M |
| Dividends And Interest Paid | 15.6M | 53.3M | -- | 47.0M | -- | -- | -- | 119,100 |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | 10.0M |
| Total Financing Cash Inflow | 65.9M | 56.9M | -- | 702.0M | -- | -- | 40.1M | 67.9M |
| Total Financing Cash Outflow | 68.9M | 64.4M | 7.2M | 118.0M | 2.4M | -- | -- | 44.6M |
| Financing Cash Flow | -3.1M | -7.5M | -7.2M | 584.0M | -2.4M | -- | 40.1M | 23.4M |
| Net Change In Cash | -25.3M | -148.0M | -310.0M | 535.0M | 115.0M | 61.2M | -17.6M | 44.6M |
| Ending Cash Balance | 291.0M | 316.0M | 464.0M | 774.0M | 239.0M | 125.0M | 63.4M | 81.0M |
| Capex | 152.0M | 186.0M | 368.0M | 66.4M | 83.3M | 50.6M | 14.9M | 34.7M |