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 | 2.3B | 1.9B | 2.2B | 1.5B | 1.1B |
| Revenue Growth % | 20.1% | -12.3% | 47.7% | 36.5% | -- |
| Total Revenue | 2.3B | 1.9B | 2.2B | 1.5B | 1.1B |
| Cost Of Revenue | 1.8B | 1.4B | 1.7B | 1.2B | 852.0M |
| Gross Profit | 479.0M | 471.0M | 480.0M | 264.0M | 216.0M |
| Gross Margin % | 21.1% | 24.9% | 22.3% | 18.1% | 20.2% |
| Total Operating Cost | 2.0B | 1.6B | 1.9B | 1.4B | 1.0B |
| Selling Expenses | 86.8M | 73.7M | 65.9M | 41.4M | 29.8M |
| Admin Expenses | 86.8M | 79.7M | 73.0M | 56.4M | 55.7M |
| Rd Expenses | 62.9M | 57.1M | 57.5M | 38.5M | 28.9M |
| Finance Expenses | -9.9M | -3.4M | -15.7M | 23.3M | 23.1M |
| Operating Income | 248.0M | 250.0M | 298.0M | 133.0M | 91.9M |
| Operating Margin % | 10.9% | 13.2% | 13.8% | 9.1% | 8.6% |
| Non Operating Income | 557,700 | 565,900 | 570,100 | 1.6M | 643,900 |
| Non Operating Expenses | 575,200 | 1.1M | 876,000 | 4.6M | 1.3M |
| Investment Income | 91,200 | -12.0M | 2.0M | 15.8M | 3.2M |
| Fair Value Change Income | -- | -1.3M | -570,700 | -5.6M | 7.4M |
| Asset Disposal Income | -2.5M | 1.2M | -3.5M | -316,200 | 64,700 |
| Asset Impairment Loss | 1.5M | 1.7M | 1.2M | 1.8M | 6.9M |
| Other Income | 13.9M | 13.9M | 16.0M | 29.5M | 16.9M |
| Income Before Tax | 248.0M | 250.0M | 297.0M | 130.0M | 91.2M |
| Income Tax | 29.0M | 34.5M | 44.0M | 14.4M | 13.9M |
| Net Income | 219.0M | 215.0M | 253.0M | 116.0M | 77.3M |
| Net Margin % | 9.7% | 11.4% | 11.7% | 8.0% | 7.2% |
| Net Income Attributable | 220.0M | 216.0M | 255.0M | 116.0M | 77.1M |
| Minority Interest | -1.2M | -611,300 | -2.1M | -455,900 | 258,500 |
| Eps Basic | 0.50 | 0.49 | 0.58 | 0.27 | -- |
| Eps Diluted | 0.50 | 0.49 | 0.58 | 0.27 | -- |
| 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 | 177.0M | 155.0M | 100.0M | 101.0M | 60.6M |
| Trading Financial Assets | -- | -- | 1.5M | 1.8M | 7.4M |
| Accounts Receivable | 274.0M | 233.0M | 225.0M | 163.0M | 164.0M |
| Notes Receivable | 1.9M | 2.1M | 1.6M | 3.8M | 1.9M |
| Notes And Accounts Receivable | 276.0M | 235.0M | 227.0M | 167.0M | 166.0M |
| Prepayments | 20.2M | 11.4M | 11.4M | 5.5M | 8.1M |
| Inventory | 450.0M | 403.0M | 326.0M | 302.0M | 219.0M |
| Total Current Assets | 989.0M | 853.0M | 700.0M | 610.0M | 482.0M |
| Fixed Assets | -- | 740.0M | 623.0M | 469.0M | 417.0M |
| Fixed Assets Total | 726.0M | 740.0M | 623.0M | 469.0M | 417.0M |
| Construction In Progress | -- | 15.3M | 73.9M | 91.9M | 13.0M |
| Construction In Progress Total | 46.3M | 15.3M | 73.9M | 91.9M | 13.0M |
| Intangible Assets | 181.0M | 102.0M | 104.0M | 105.0M | 107.0M |
| Long Term Deferred Expenses | 6.3M | 8.4M | 10.1M | 12.0M | 18.5M |
| Total Non Current Assets | 1.0B | 908.0M | 849.0M | 732.0M | 569.0M |
| Total Assets | 2.0B | 1.8B | 1.5B | 1.3B | 1.1B |
| Short Term Borrowings | 148.0M | 174.0M | 151.0M | 254.0M | 187.0M |
| Accounts Payable | 149.0M | 134.0M | 129.0M | 143.0M | 109.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 14.3M | 11.0M | 17.7M | 10.9M | 10.1M |
| Total Current Liabilities | 572.0M | 551.0M | 425.0M | 489.0M | 421.0M |
| Long Term Borrowings | -- | -- | 151.0M | 146.0M | 18.4M |
| Total Non Current Liabilities | 129.0M | 110.0M | 241.0M | 231.0M | 66.3M |
| Total Liabilities | 701.0M | 661.0M | 666.0M | 720.0M | 487.0M |
| Paid In Capital | 442.0M | 442.0M | 442.0M | 442.0M | 429.0M |
| Capital Reserve | 106.0M | 104.0M | 102.0M | 100.0M | 17.0M |
| Surplus Reserve | 79.4M | 59.5M | 40.0M | 11.2M | 53.4M |
| Retained Earnings | 695.0M | 495.0M | 298.0M | 71.8M | 57.5M |
| Minority Equity | -2.4M | -1.2M | -597,000 | -510,800 | 7.2M |
| Equity Attributable | 1.3B | 1.1B | 884.0M | 623.0M | 556.0M |
| Total Equity | 1.3B | 1.1B | 883.0M | 622.0M | 564.0M |
| 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 | 2.3B | 1.9B | 2.2B | 1.5B | 1.1B |
| Tax Refunds Received | 75.0M | 66.0M | 107.0M | 66.5M | 54.4M |
| Total Operating Cash Inflow | 2.5B | 2.1B | 2.3B | 1.6B | 1.2B |
| Cash Paid For Goods | 1.7B | 1.3B | 1.6B | 1.1B | 759.0M |
| Cash Paid To Employees | 294.0M | 242.0M | 237.0M | 183.0M | 155.0M |
| Taxes Paid | 34.5M | 52.7M | 34.6M | 22.0M | 19.6M |
| Total Operating Cash Outflow | 2.2B | 1.7B | 2.0B | 1.4B | 1.0B |
| Operating Cash Flow | 245.0M | 361.0M | 310.0M | 200.0M | 135.0M |
| Total Investing Cash Inflow | 52.0M | 5.7M | 2.9M | 17.3M | 3.6M |
| Total Investing Cash Outflow | 203.0M | 179.0M | 205.0M | 225.0M | 148.0M |
| Investing Cash Flow | -151.0M | -173.0M | -202.0M | -208.0M | -144.0M |
| Cash From Borrowings | 166.0M | 245.0M | 307.0M | 453.0M | 213.0M |
| Dividends And Interest Paid | 4.8M | 9.0M | 17.9M | 77.5M | 22.6M |
| Debt Repayments | 192.0M | 393.0M | 398.0M | 258.0M | 182.0M |
| Total Financing Cash Inflow | 166.0M | 245.0M | 310.0M | 469.0M | 256.0M |
| Total Financing Cash Outflow | 211.0M | 422.0M | 429.0M | 412.0M | 261.0M |
| Financing Cash Flow | -44.8M | -177.0M | -119.0M | 57.3M | -5.8M |
| Net Change In Cash | 50.6M | 12.5M | -4.0M | 47.1M | -17.2M |
| Ending Cash Balance | 148.0M | 97.9M | 85.3M | 89.4M | 42.3M |
| Capex | 157.0M | 163.0M | 205.0M | 225.0M | 148.0M |