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 | 2.2B | 2.1B | 1.9B | 1.4B | 1.3B |
| Revenue Growth % | 5.4% | 11.3% | 30.5% | 8.1% | -- |
| Total Revenue | 2.2B | 2.1B | 1.9B | 1.4B | 1.3B |
| Cost Of Revenue | 1.7B | 1.6B | 1.5B | 1.1B | 1.0B |
| Gross Profit | 440.0M | 440.0M | 391.0M | 338.0M | 311.0M |
| Gross Margin % | 20.1% | 21.2% | 21.0% | 23.7% | 23.6% |
| Total Operating Cost | 2.2B | 2.0B | 1.7B | 1.3B | 1.2B |
| Selling Expenses | 25.0M | 22.8M | 26.2M | 21.0M | 16.6M |
| Admin Expenses | 171.0M | 137.0M | 119.0M | 101.0M | 91.1M |
| Rd Expenses | 147.0M | 131.0M | 84.1M | 67.7M | 55.6M |
| Finance Expenses | 11.6M | 6.9M | 12.2M | 9.6M | 16.0M |
| Operating Income | 43.4M | 114.0M | 128.0M | 122.0M | 115.0M |
| Operating Margin % | 2.0% | 5.5% | 6.9% | 8.5% | 8.7% |
| Non Operating Income | 279,300 | 428,800 | 1.8M | 780,700 | 681,500 |
| Non Operating Expenses | 2.2M | 2.0M | 517,700 | 1.3M | 1.5M |
| Investment Income | 735,900 | -- | -- | 14,200 | -- |
| Fair Value Change Income | -23,700 | 92,200 | -- | -- | -- |
| Asset Disposal Income | 396,200 | 268,500 | -- | -7,500 | -- |
| Asset Impairment Loss | 35.6M | 24.5M | 15.3M | 12.7M | 12.5M |
| Other Income | 26.4M | 17.9M | 9.5M | 8.2M | 7.7M |
| Income Before Tax | 41.5M | 112.0M | 129.0M | 122.0M | 115.0M |
| Income Tax | 16.7M | 8.6M | 19.6M | 23.9M | 26.7M |
| Net Income | 24.8M | 104.0M | 109.0M | 98.1M | 87.8M |
| Net Margin % | 1.1% | 5.0% | 5.9% | 6.9% | 6.7% |
| Net Income Attributable | 30.5M | 102.0M | 111.0M | 98.1M | 88.3M |
| Minority Interest | -5.7M | 1.2M | -1.4M | -- | -487,000 |
| Eps Basic | 0.25 | 0.92 | 1.19 | 1.06 | 1.19 |
| Eps Diluted | 0.25 | 0.92 | 1.19 | 1.06 | 1.19 |
| 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 | 584.0M | 881.0M | 429.0M | 352.0M | 369.0M |
| Trading Financial Assets | 50.1M | 30.1M | -- | -- | -- |
| Accounts Receivable | 639.0M | 482.0M | 370.0M | 302.0M | 279.0M |
| Notes Receivable | 77.3M | 26.7M | 45.1M | 28.6M | 28.8M |
| Notes And Accounts Receivable | 716.0M | 509.0M | 415.0M | 331.0M | 308.0M |
| Prepayments | 23.9M | 15.3M | 12.3M | 12.0M | 19.3M |
| Inventory | 679.0M | 550.0M | 516.0M | 451.0M | 327.0M |
| Total Current Assets | 2.2B | 2.1B | 1.5B | 1.2B | 1.1B |
| Fixed Assets | -- | 503.0M | 386.0M | 357.0M | 334.0M |
| Fixed Assets Total | 708.0M | 503.0M | 386.0M | 357.0M | 334.0M |
| Construction In Progress | -- | 173.0M | 108.0M | 47.8M | 26.2M |
| Construction In Progress Total | 119.0M | 173.0M | 108.0M | 47.8M | 26.2M |
| Intangible Assets | 208.0M | 104.0M | 107.0M | 98.1M | 64.8M |
| Long Term Deferred Expenses | 93.4M | 135.0M | 117.0M | 102.0M | 47.4M |
| Total Non Current Assets | 1.2B | 1.1B | 792.0M | 648.0M | 493.0M |
| Total Assets | 3.4B | 3.2B | 2.3B | 1.9B | 1.6B |
| Short Term Borrowings | 166.0M | 282.0M | 328.0M | 213.0M | 190.0M |
| Accounts Payable | 762.0M | 666.0M | 500.0M | 492.0M | 418.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.6M | 17.0M | 21.4M | 3.5M | 1.7M |
| Total Current Liabilities | 1.7B | 1.6B | 1.5B | 1.2B | 1.0B |
| Long Term Borrowings | 361.0M | 173.0M | 25.0M | 27.5M | 40.0M |
| Total Non Current Liabilities | 410.0M | 235.0M | 61.3M | 62.4M | 49.9M |
| Total Liabilities | 2.1B | 1.9B | 1.5B | 1.3B | 1.1B |
| Paid In Capital | 124.0M | 124.0M | 92.8M | 92.8M | 92.8M |
| Capital Reserve | 726.0M | 726.0M | 291.0M | 276.0M | 276.0M |
| Surplus Reserve | 27.9M | 26.1M | 24.7M | 18.5M | 14.3M |
| Retained Earnings | 433.0M | 416.0M | 326.0M | 222.0M | 128.0M |
| Minority Equity | -815,300 | 4.9M | 3.7M | -- | -- |
| Equity Attributable | 1.3B | 1.3B | 734.0M | 609.0M | 511.0M |
| Total Equity | 1.3B | 1.3B | 738.0M | 609.0M | 511.0M |
| 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 | 1.9B | 2.2B | 1.9B | 1.5B | 1.5B |
| Tax Refunds Received | 5.0M | 5.5M | 9.3M | 104,500 | -- |
| Total Operating Cash Inflow | 2.0B | 2.3B | 2.0B | 1.5B | 1.5B |
| Cash Paid For Goods | 1.3B | 1.4B | 1.3B | 931.0M | 965.0M |
| Cash Paid To Employees | 413.0M | 328.0M | 304.0M | 228.0M | 179.0M |
| Taxes Paid | 96.9M | 119.0M | 66.5M | 77.7M | 73.8M |
| Total Operating Cash Outflow | 2.1B | 2.0B | 1.8B | 1.3B | 1.3B |
| Operating Cash Flow | -101.0M | 306.0M | 213.0M | 181.0M | 206.0M |
| Total Investing Cash Inflow | 123.0M | 3.0M | 2.7M | 15.5M | 2.9M |
| Total Investing Cash Outflow | 506.0M | 377.0M | 277.0M | 236.0M | 86.2M |
| Investing Cash Flow | -383.0M | -374.0M | -275.0M | -221.0M | -83.3M |
| Cash From Borrowings | 612.0M | 518.0M | 464.0M | 290.0M | 412.0M |
| Dividends And Interest Paid | 29.2M | 25.0M | 12.9M | 10.8M | 9.2M |
| Debt Repayments | 359.0M | 397.0M | 365.0M | 265.0M | 402.0M |
| Total Financing Cash Inflow | 612.0M | 991.0M | 488.0M | 305.0M | 577.0M |
| Total Financing Cash Outflow | 402.0M | 450.0M | 422.0M | 309.0M | 591.0M |
| Financing Cash Flow | 210.0M | 541.0M | 65.5M | -4.1M | -13.3M |
| Net Change In Cash | -274.0M | 473.0M | 4.5M | -43.3M | 109.0M |
| Ending Cash Balance | 364.0M | 638.0M | 166.0M | 161.0M | 205.0M |
| Capex | 366.0M | 347.0M | 277.0M | 221.0M | 86.2M |