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 | 1.9B | 1.9B | 1.5B | 1.3B | 944.0M | 889.0M | 701.0M | 593.0M |
| Revenue Growth % | -1.7% | 27.7% | 16.9% | 35.0% | 6.2% | 26.8% | 18.2% | -- |
| Total Revenue | 1.9B | 1.9B | 1.5B | 1.3B | 944.0M | 889.0M | 701.0M | 593.0M |
| Cost Of Revenue | 1.4B | 1.4B | 1.1B | 989.0M | 739.0M | 671.0M | 534.0M | 459.0M |
| Gross Profit | 442.0M | 451.0M | 349.0M | 285.0M | 205.0M | 218.0M | 167.0M | 134.0M |
| Gross Margin % | 23.7% | 23.7% | 23.4% | 22.4% | 21.7% | 24.5% | 23.8% | 22.6% |
| Total Operating Cost | 1.7B | 1.7B | 1.4B | 1.2B | 869.0M | 793.0M | 624.0M | 532.0M |
| Selling Expenses | 101.0M | 89.0M | 58.4M | 42.4M | 31.0M | 44.5M | 34.4M | 31.6M |
| Admin Expenses | 180.0M | 160.0M | 139.0M | 107.0M | 79.2M | 63.7M | 44.1M | 33.5M |
| Rd Expenses | 23.7M | 21.2M | 15.8M | 9.0M | 7.2M | 5.4M | 4.2M | 3.5M |
| Finance Expenses | -1.5M | 5.8M | 1.7M | 4.8M | 3.4M | 736,700 | -842,800 | -747,300 |
| Operating Income | 122.0M | 161.0M | 123.0M | 112.0M | 100.0M | 98.4M | 77.5M | 61.7M |
| Operating Margin % | 6.5% | 8.5% | 8.3% | 8.8% | 10.6% | 11.1% | 11.1% | 10.4% |
| Non Operating Income | 3.0M | 14.5M | 6.9M | 2.6M | 2.2M | 864,600 | 241,600 | 703,900 |
| Non Operating Expenses | 3.4M | 1.5M | 942,900 | 788,700 | 2.1M | 1.9M | 639,400 | 114,300 |
| Investment Income | 497,700 | -810,600 | 23,600 | 0.00 | -- | -- | -- | -- |
| Fair Value Change Income | -423,000 | -512,000 | -416,100 | 355,000 | -926,900 | -587,200 | -- | -- |
| Asset Disposal Income | -1.5M | 522,700 | -37,100 | 320,200 | -361,400 | -1.4M | -20,600 | -- |
| Asset Impairment Loss | 693,000 | -- | -- | -- | -- | -- | 1.3M | -153,600 |
| Other Income | 4.1M | 2.9M | 2.0M | 1.4M | 25.8M | 4.4M | -- | -- |
| Income Before Tax | 121.0M | 174.0M | 129.0M | 113.0M | 100.0M | 97.4M | 77.1M | 62.3M |
| Income Tax | 38.3M | 41.6M | 28.1M | 26.1M | 23.6M | 23.3M | 18.5M | 15.7M |
| Net Income | 82.9M | 133.0M | 101.0M | 87.2M | 76.6M | 74.1M | 58.7M | 46.6M |
| Net Margin % | 4.4% | 7.0% | 6.8% | 6.8% | 8.1% | 8.3% | 8.4% | 7.9% |
| Net Income Attributable | 83.7M | 134.0M | 102.0M | 88.5M | 76.6M | 74.1M | 58.7M | 46.6M |
| Minority Interest | -820,900 | -1.7M | -1.0M | -1.2M | -15,000 | -- | -- | -- |
| Eps Basic | 0.87 | 1.58 | 1.20 | 1.25 | 1.24 | 1.29 | 1.02 | 0.93 |
| Eps Diluted | 0.87 | 1.56 | 1.18 | 1.25 | 1.24 | 1.16 | 1.02 | -- |
| 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 | 477.0M | 282.0M | 381.0M | 332.0M | 117.0M | 79.0M | 157.0M | 230.0M |
| Accounts Receivable | 115.0M | 98.6M | 66.6M | 62.3M | 52.2M | 44.6M | 42.0M | 14.0M |
| Notes Receivable | -- | 5.2M | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 115.0M | 104.0M | 66.6M | 62.3M | 52.2M | 44.6M | 42.0M | 14.0M |
| Prepayments | 7.2M | 9.1M | 8.5M | 4.9M | 10.9M | 6.7M | 4.1M | 1.0M |
| Inventory | 274.0M | 228.0M | 182.0M | 162.0M | 116.0M | 99.1M | 55.6M | 42.1M |
| Total Current Assets | 931.0M | 651.0M | 670.0M | 593.0M | 333.0M | 263.0M | 284.0M | 288.0M |
| Long Term Equity Investment | 20,900 | 29.3M | 30.0M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 919.0M | 633.0M | 606.0M | 543.0M | 342.0M | 179.0M | -- |
| Fixed Assets Total | 1.0B | 919.0M | 633.0M | 606.0M | 543.0M | 342.0M | 179.0M | 53.8M |
| Construction In Progress | -- | 41.3M | 100.0M | 30.1M | 1.2M | 152.0M | 83.5M | -- |
| Construction In Progress Total | 177.0M | 41.3M | 100.0M | 30.1M | 1.2M | 152.0M | 83.5M | 504,900 |
| Intangible Assets | 73.2M | 75.1M | 37.6M | 38.3M | 39.2M | 39.4M | 34.8M | 35.5M |
| Long Term Deferred Expenses | 19.6M | 22.6M | 36.1M | 13.4M | 8.5M | 2.8M | 684,700 | 1.5M |
| Total Non Current Assets | 1.4B | 1.2B | 917.0M | 747.0M | 622.0M | 575.0M | 342.0M | 118.0M |
| Total Assets | 2.3B | 1.8B | 1.6B | 1.3B | 956.0M | 838.0M | 626.0M | 406.0M |
| Short Term Borrowings | -- | -- | 15.0M | 15.0M | 15.0M | 30.0M | -- | -- |
| Accounts Payable | 251.0M | 222.0M | 191.0M | 144.0M | 142.0M | 128.0M | 92.2M | 78.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 22.9M | 19.8M | 27.4M |
| Contract Liabilities | 7.5M | 6.3M | 5.7M | 5.0M | 14.1M | -- | -- | -- |
| Total Current Liabilities | 377.0M | 376.0M | 350.0M | 326.0M | 305.0M | 331.0M | 191.0M | 131.0M |
| Long Term Borrowings | 78.0M | 184.0M | 147.0M | 35.0M | 54.8M | -- | -- | -- |
| Total Non Current Liabilities | 123.0M | 218.0M | 176.0M | 61.3M | 68.7M | 102.0M | 101.0M | 106,600 |
| Total Liabilities | 500.0M | 593.0M | 526.0M | 388.0M | 373.0M | 432.0M | 293.0M | 131.0M |
| Paid In Capital | 99.3M | 86.6M | 86.6M | 86.6M | 63.8M | 57.3M | 57.3M | 57.3M |
| Capital Reserve | 1.2B | 580.0M | 565.0M | 546.0M | 239.0M | 145.0M | 145.0M | 145.0M |
| Surplus Reserve | 50.1M | 50.1M | 40.0M | 32.0M | 25.2M | 20.7M | 14.0M | 7.8M |
| Retained Earnings | 591.0M | 526.0M | 417.0M | 336.0M | 255.0M | 183.0M | 117.0M | 64.0M |
| Minority Equity | -401,900 | 419,000 | 400.00 | -495,300 | -15,000 | -- | -- | -- |
| Equity Attributable | 1.8B | 1.2B | 1.1B | 954.0M | 582.0M | 406.0M | 333.0M | 274.0M |
| Total Equity | 1.8B | 1.2B | 1.1B | 953.0M | 582.0M | 406.0M | 333.0M | 274.0M |
| 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 | 2.1B | 2.1B | 1.7B | 1.4B | 1.1B | 1.1B | 785.0M | 703.0M |
| Total Operating Cash Inflow | 2.1B | 2.2B | 1.7B | 1.4B | 1.1B | 1.1B | 789.0M | 706.0M |
| Cash Paid For Goods | 1.5B | 1.5B | 1.1B | 1.0B | 745.0M | 732.0M | 556.0M | 432.0M |
| Cash Paid To Employees | 270.0M | 233.0M | 186.0M | 170.0M | 140.0M | 129.0M | 105.0M | 83.5M |
| Taxes Paid | 127.0M | 111.0M | 82.7M | 75.2M | 54.8M | 69.4M | 66.7M | 62.2M |
| Total Operating Cash Outflow | 2.0B | 2.0B | 1.5B | 1.3B | 991.0M | 996.0M | 777.0M | 615.0M |
| Operating Cash Flow | 133.0M | 199.0M | 211.0M | 98.4M | 97.8M | 86.4M | 12.4M | 91.5M |
| Total Investing Cash Inflow | 20.2M | 915,300 | 57,800 | 435,800 | 1.0M | 1.9M | 86,600 | -- |
| Total Investing Cash Outflow | 330.0M | 293.0M | 251.0M | 183.0M | 95.6M | 194.0M | 186.0M | 43.7M |
| Investing Cash Flow | -309.0M | -292.0M | -251.0M | -183.0M | -94.6M | -192.0M | -186.0M | -43.7M |
| Cash From Borrowings | 120.0M | 205.0M | 135.0M | 212.0M | 109.0M | 30.0M | -- | -- |
| Dividends And Interest Paid | 22.1M | 23.0M | 19.6M | 6.7M | 4.1M | 970,800 | -- | 5.5M |
| Debt Repayments | 233.0M | 181.0M | 20.5M | 231.0M | 65.1M | -- | -- | -- |
| Total Financing Cash Inflow | 710.0M | 205.0M | 137.0M | 561.0M | 109.0M | 30.0M | 100.0M | 85.0M |
| Total Financing Cash Outflow | 340.0M | 210.0M | 48.6M | 262.0M | 73.7M | 2.1M | -- | 5.5M |
| Financing Cash Flow | 370.0M | -4.9M | 88.3M | 299.0M | 35.2M | 27.9M | 100.0M | 79.5M |
| Net Change In Cash | 193.0M | -98.0M | 48.2M | 215.0M | 38.4M | -77.9M | -73.5M | 127.0M |
| Ending Cash Balance | 475.0M | 282.0M | 380.0M | 332.0M | 117.0M | 79.0M | 157.0M | 230.0M |
| Capex | 330.0M | 245.0M | 221.0M | 183.0M | 95.6M | 194.0M | 186.0M | 43.7M |