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 | 599.0M | 490.0M | 449.0M | 414.0M | 377.0M |
| Revenue Growth % | 22.2% | 9.1% | 8.5% | 9.8% | -- |
| Total Revenue | 599.0M | 490.0M | 449.0M | 414.0M | 377.0M |
| Cost Of Revenue | 440.0M | 350.0M | 317.0M | 277.0M | 232.0M |
| Gross Profit | 159.0M | 140.0M | 132.0M | 137.0M | 145.0M |
| Gross Margin % | 26.5% | 28.6% | 29.4% | 33.1% | 38.5% |
| Total Operating Cost | 545.0M | 439.0M | 378.0M | 326.0M | 272.0M |
| Selling Expenses | 12.3M | 11.5M | 7.0M | 7.8M | 5.3M |
| Admin Expenses | 59.7M | 52.7M | 31.0M | 23.7M | 20.9M |
| Rd Expenses | 22.4M | 16.1M | 11.6M | 7.2M | 7.0M |
| Finance Expenses | 291,000 | -432,000 | 2.1M | 2.7M | 3.1M |
| Operating Income | 58.4M | 58.8M | 77.4M | 91.4M | 106.0M |
| Operating Margin % | 9.8% | 12.0% | 17.2% | 22.1% | 28.1% |
| Non Operating Income | 755,500 | 209,600 | 87,900 | 7,000 | 300,600 |
| Non Operating Expenses | 2.7M | 2.3M | 1.1M | 981,900 | 22,800 |
| Investment Income | 1.2M | 2.8M | 39,300 | 182,100 | 360,100 |
| Fair Value Change Income | -- | 347,300 | -- | -- | -18,300 |
| Asset Disposal Income | 4,300 | -- | 205,200 | -317,600 | 70,800 |
| Asset Impairment Loss | 4.1M | 4.2M | 3.0M | 1.1M | 1.2M |
| Other Income | 2.8M | 4.0M | 5.4M | 3.0M | 600,500 |
| Income Before Tax | 56.4M | 56.8M | 76.4M | 90.4M | 106.0M |
| Income Tax | 8.1M | 8.9M | 12.1M | 17.7M | 23.2M |
| Net Income | 48.3M | 47.9M | 64.3M | 72.7M | 82.9M |
| Net Margin % | 8.1% | 9.8% | 14.3% | 17.6% | 22.0% |
| Net Income Attributable | 48.3M | 47.9M | 64.3M | 72.7M | 82.9M |
| Eps Basic | 0.42 | 0.43 | 0.75 | 0.84 | 0.96 |
| Eps Diluted | 0.42 | 0.43 | 0.75 | 0.84 | 0.96 |
| 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 | 139.0M | 187.0M | 61.4M | 36.6M | 45.6M |
| Trading Financial Assets | -- | 110.0M | -- | -- | -- |
| Accounts Receivable | 178.0M | 175.0M | 138.0M | 118.0M | 107.0M |
| Notes Receivable | 16.3M | 9.2M | 9.7M | 4.3M | 9.7M |
| Notes And Accounts Receivable | 195.0M | 184.0M | 148.0M | 122.0M | 116.0M |
| Prepayments | 12.0M | 4.2M | 3.4M | 5.6M | 5.6M |
| Inventory | 106.0M | 99.5M | 97.3M | 74.7M | 57.7M |
| Total Current Assets | 516.0M | 640.0M | 350.0M | 301.0M | 273.0M |
| Fixed Assets | -- | 320.0M | 257.0M | 255.0M | 121.0M |
| Fixed Assets Total | 346.0M | 320.0M | 257.0M | 255.0M | 121.0M |
| Construction In Progress | -- | 7.6M | 40.3M | 3.3M | 90.2M |
| Construction In Progress Total | 102.0M | 7.6M | 40.3M | 3.3M | 90.2M |
| Intangible Assets | 38.2M | 38.4M | 36.8M | 38.1M | 41.4M |
| Long Term Deferred Expenses | 763,000 | 291,700 | -- | -- | -- |
| Total Non Current Assets | 539.0M | 404.0M | 365.0M | 316.0M | 262.0M |
| Total Assets | 1.1B | 1.0B | 714.0M | 617.0M | 535.0M |
| Short Term Borrowings | 10.2M | 60.1M | 55.0M | 23.8M | 26.2M |
| Accounts Payable | 62.8M | 78.2M | 75.4M | 42.7M | 44.2M |
| Advance Receipts | 598,500 | 474,300 | 430,300 | -- | -- |
| Contract Liabilities | 605,900 | 2.1M | 1.9M | 909,400 | 1.9M |
| Total Current Liabilities | 229.0M | 264.0M | 277.0M | 244.0M | 175.0M |
| Long Term Borrowings | -- | -- | 2.1M | 9.5M | 14.6M |
| Total Non Current Liabilities | 31.6M | 9.2M | 9.4M | 10.0M | 15.1M |
| Total Liabilities | 261.0M | 273.0M | 287.0M | 254.0M | 190.0M |
| Paid In Capital | 115.0M | 115.0M | 86.2M | 86.2M | 86.2M |
| Capital Reserve | 480.0M | 480.0M | 153.0M | 153.0M | 153.0M |
| Surplus Reserve | 35.1M | 27.3M | 21.8M | 16.3M | 9.4M |
| Retained Earnings | 175.0M | 149.0M | 166.0M | 107.0M | 96.5M |
| Equity Attributable | 795.0M | 771.0M | 428.0M | 363.0M | 346.0M |
| Total Equity | 795.0M | 771.0M | 428.0M | 363.0M | 346.0M |
| 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 | 473.0M | 365.0M | 387.0M | 359.0M | 339.0M |
| Tax Refunds Received | 2.5M | 10.6M | 1.9M | 1.7M | 665,400 |
| Total Operating Cash Inflow | 532.0M | 415.0M | 402.0M | 383.0M | 348.0M |
| Cash Paid For Goods | 295.0M | 267.0M | 234.0M | 239.0M | 192.0M |
| Cash Paid To Employees | 71.5M | 56.6M | 46.7M | 43.0M | 28.6M |
| Taxes Paid | 34.2M | 27.2M | 24.9M | 38.4M | 39.7M |
| Total Operating Cash Outflow | 465.0M | 433.0M | 349.0M | 338.0M | 288.0M |
| Operating Cash Flow | 66.3M | -17.5M | 52.5M | 44.6M | 59.6M |
| Total Investing Cash Inflow | 309.0M | 403.0M | 72.5M | 124.0M | 185.0M |
| Total Investing Cash Outflow | 343.0M | 562.0M | 86.0M | 163.0M | 199.0M |
| Investing Cash Flow | -33.7M | -159.0M | -13.5M | -39.2M | -14.6M |
| Cash From Borrowings | 10.6M | 69.9M | 57.6M | 62.8M | 46.2M |
| Dividends And Interest Paid | 15.0M | 61.2M | 32.9M | 27.6M | 31.6M |
| Debt Repayments | 60.0M | 74.3M | 60.9M | 36.1M | 67.0M |
| Total Financing Cash Inflow | 10.6M | 444.0M | 57.6M | 62.8M | 66.6M |
| Total Financing Cash Outflow | 80.6M | 156.0M | 96.5M | 65.2M | 98.6M |
| Financing Cash Flow | -70.0M | 288.0M | -38.9M | -2.4M | -32.0M |
| Net Change In Cash | -38.1M | 111.0M | 220,100 | 2.7M | 12.6M |
| Ending Cash Balance | 105.0M | 143.0M | 32.5M | 32.2M | 29.6M |
| Capex | 146.0M | 52.2M | 15.0M | 39.6M | 20.9M |