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 |
|---|---|---|---|---|---|
| Revenue | 1.0B | 835.0M | 808.0M | 572.0M | 459.0M |
| Revenue Growth % | 23.1% | 3.3% | 41.3% | 24.6% | -- |
| Total Revenue | 1.0B | 835.0M | 808.0M | 572.0M | 459.0M |
| Cost Of Revenue | 772.0M | 641.0M | 647.0M | 468.0M | 351.0M |
| Gross Profit | 256.0M | 194.0M | 161.0M | 104.0M | 108.0M |
| Gross Margin % | 24.9% | 23.2% | 19.9% | 18.2% | 23.5% |
| Total Operating Cost | 814.0M | 670.0M | 676.0M | 496.0M | 377.0M |
| Selling Expenses | 7.3M | 6.4M | 4.9M | 3.8M | 2.8M |
| Admin Expenses | 24.8M | 22.1M | 19.4M | 16.6M | 17.2M |
| Finance Expenses | -1.5M | -2.4M | -509,300 | 1.3M | 579,600 |
| Operating Income | 218.0M | 169.0M | 144.0M | 88.7M | 87.4M |
| Operating Margin % | 21.2% | 20.2% | 17.8% | 15.5% | 19.0% |
| Non Operating Income | 4.3M | 4.7M | 1.8M | 1.1M | 2.0M |
| Non Operating Expenses | 6.2M | 2.2M | 1.8M | 2.3M | 3.6M |
| Investment Income | 234,400 | -- | 3.2M | 4.0M | 569,500 |
| Fair Value Change Income | -- | -- | -- | -- | 98,500 |
| Asset Disposal Income | 302,000 | -287,700 | -1.1M | 2.4M | -9,300 |
| Asset Impairment Loss | 78,100 | -159,100 | 176,400 | 110,600 | 55,200 |
| Other Income | 2.8M | 4.5M | 10.7M | 6.7M | 4.6M |
| Income Before Tax | 216.0M | 171.0M | 144.0M | 87.5M | 85.8M |
| Income Tax | 45.9M | 38.3M | 31.6M | 19.4M | 19.7M |
| Net Income | 170.0M | 133.0M | 112.0M | 68.1M | 66.1M |
| Net Margin % | 16.5% | 15.9% | 13.9% | 11.9% | 14.4% |
| Net Income Attributable | 170.0M | 133.0M | 112.0M | 68.0M | 65.5M |
| Minority Interest | -- | -- | -- | 91,700 | 639,100 |
| Eps Basic | 2.46 | 1.92 | 1.63 | 1.01 | 1.05 |
| Eps Diluted | 2.46 | 1.92 | 1.63 | 1.01 | 1.05 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 119.0M | 246.0M | 113.0M | 216.0M | 107.0M |
| Trading Financial Assets | -- | -- | -- | -- | 200,000 |
| Accounts Receivable | 414.0M | 265.0M | 390.0M | 243.0M | 210.0M |
| Notes Receivable | 6.7M | 5.2M | 3.4M | 9.2M | 319,300 |
| Notes And Accounts Receivable | 420.0M | 270.0M | 393.0M | 252.0M | 210.0M |
| Prepayments | 3.9M | 3.4M | 6.7M | 2.7M | 3.3M |
| Inventory | -- | -- | -- | -- | 172,300 |
| Total Current Assets | 619.0M | 574.0M | 605.0M | 527.0M | 355.0M |
| Fixed Assets | 41.5M | 30.8M | 15.9M | 20.9M | 28.1M |
| Fixed Assets Total | 41.5M | 30.8M | 15.9M | 20.9M | 28.1M |
| Construction In Progress | 157.0M | 933,000 | 32.8M | -- | -- |
| Construction In Progress Total | 157.0M | 933,000 | 32.8M | -- | -- |
| Intangible Assets | 163.0M | 109.0M | 24.2M | 12.5M | 13.4M |
| Long Term Deferred Expenses | 448,200 | 713,600 | 124,000 | -- | -- |
| Total Non Current Assets | 452.0M | 228.0M | 107.0M | 58.1M | 51.9M |
| Total Assets | 1.1B | 802.0M | 712.0M | 585.0M | 407.0M |
| Short Term Borrowings | -- | -- | 10.0M | 10.0M | -- |
| Accounts Payable | 198.0M | 99.3M | 131.0M | 98.9M | 78.6M |
| Contract Liabilities | 3,000 | 61,100 | 598,100 | -- | 331,800 |
| Total Current Liabilities | 239.0M | 143.0M | 188.0M | 154.0M | 136.0M |
| Total Non Current Liabilities | 7.3M | 7.8M | 8.3M | 7.2M | 3.5M |
| Total Liabilities | 247.0M | 151.0M | 196.0M | 161.0M | 139.0M |
| Paid In Capital | 69.2M | 69.2M | 69.2M | 69.2M | 62.5M |
| Capital Reserve | 137.0M | 137.0M | 137.0M | 137.0M | 36.3M |
| Surplus Reserve | 31.7M | 22.6M | 19.9M | 16.1M | 13.9M |
| Retained Earnings | 581.0M | 420.0M | 289.0M | 201.0M | 155.0M |
| Minority Equity | -- | -- | -- | -- | 752,900 |
| Equity Attributable | 824.0M | 651.0M | 516.0M | 424.0M | 268.0M |
| Total Equity | 824.0M | 651.0M | 516.0M | 424.0M | 268.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 1.1B | 848.0M | 656.0M | 541.0M |
| Tax Refunds Received | 900.00 | 90,400 | 5.3M | 84,600 | -- |
| Total Operating Cash Inflow | 1.0B | 1.2B | 866.0M | 666.0M | 553.0M |
| Cash Paid For Goods | 748.0M | 713.0M | 713.0M | 503.0M | 375.0M |
| Cash Paid To Employees | 89.0M | 77.9M | 64.9M | 55.8M | 54.0M |
| Taxes Paid | 77.8M | 64.7M | 71.6M | 50.9M | 43.9M |
| Total Operating Cash Outflow | 929.0M | 869.0M | 864.0M | 623.0M | 487.0M |
| Operating Cash Flow | 114.0M | 297.0M | 1.6M | 43.1M | 66.1M |
| Total Investing Cash Inflow | 221.0M | 407,700 | 283.0M | 444.0M | 135.0M |
| Total Investing Cash Outflow | 447.0M | 81.4M | 337.0M | 445.0M | 136.0M |
| Investing Cash Flow | -226.0M | -81.0M | -53.2M | -1.3M | -217,500 |
| Cash From Borrowings | -- | -- | 10.0M | 10.0M | -- |
| Dividends And Interest Paid | -- | 167,000 | 20.1M | 26.2M | 41.1M |
| Debt Repayments | -- | 10.0M | 10.0M | -- | -- |
| Total Financing Cash Inflow | -- | -- | 10.1M | 117.0M | -- |
| Total Financing Cash Outflow | 14.2M | 83.3M | 61.7M | 50.1M | 47.3M |
| Financing Cash Flow | -14.2M | -83.3M | -51.6M | 67.4M | -47.3M |
| Net Change In Cash | -126.0M | 133.0M | -103.0M | 109.0M | 18.6M |
| Ending Cash Balance | 119.0M | 246.0M | 113.0M | 216.0M | 107.0M |
| Capex | 127.0M | 27.8M | 56.6M | 5.3M | 753,300 |