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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 468.0M | 630.0M | 774.0M | 508.0M | 374.0M | 311.0M | 302.0M | 243.0M | 214.0M |
| Revenue Growth % | -25.7% | -18.6% | 52.4% | 35.8% | 20.3% | 3.0% | 24.3% | 13.6% | -- |
| Total Revenue | 468.0M | 630.0M | 774.0M | 508.0M | 374.0M | 311.0M | 302.0M | 243.0M | 214.0M |
| Cost Of Revenue | 322.0M | 412.0M | 459.0M | 314.0M | 262.0M | 185.0M | 190.0M | 156.0M | 148.0M |
| Gross Profit | 146.0M | 218.0M | 315.0M | 194.0M | 112.0M | 126.0M | 112.0M | 87.0M | 66.0M |
| Gross Margin % | 31.2% | 34.6% | 40.7% | 38.2% | 29.9% | 40.5% | 37.1% | 35.8% | 30.8% |
| Total Operating Cost | 388.0M | 479.0M | 536.0M | 376.0M | 315.0M | 243.0M | 236.0M | 200.0M | 176.0M |
| Selling Expenses | 6.8M | 5.0M | 6.3M | 5.1M | 3.5M | 8.1M | 8.4M | 6.9M | 6.0M |
| Admin Expenses | 45.5M | 34.6M | 35.2M | 29.6M | 27.1M | 27.0M | 22.7M | 21.3M | 19.9M |
| Rd Expenses | 20.5M | 25.5M | 29.1M | 18.8M | 12.2M | 11.3M | 9.8M | 8.7M | 9.0M |
| Finance Expenses | -12.0M | -2.1M | -5.0M | 3.2M | 4.7M | 1.6M | 843,600 | 4.8M | 5.5M |
| Operating Income | 93.6M | 156.0M | 240.0M | 133.0M | 60.5M | 70.1M | 66.6M | 43.2M | 37.6M |
| Operating Margin % | 20.0% | 24.8% | 31.0% | 26.2% | 16.2% | 22.6% | 22.0% | 17.8% | 17.6% |
| Non Operating Income | 33,900 | 73,200 | 2.5M | 161,600 | 394,700 | 2.2M | 6.6M | 3.4M | 2.2M |
| Non Operating Expenses | 628,200 | 370,900 | 2.0M | 261,600 | 429,400 | 288,400 | 569,900 | 302,700 | 432,900 |
| Investment Income | 8.1M | -- | -- | -- | -- | -- | -- | -38,100 | 558,000 |
| Asset Disposal Income | 351,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 735,900 | -398,300 | 4.9M | 3,800 | 968,500 | 5.6M | 169,800 | -1.4M | -14.5M |
| Other Income | 5.4M | 4.8M | 1.9M | 853,600 | 1.6M | 1.9M | 240,000 | 476,700 | -- |
| Income Before Tax | 93.0M | 155.0M | 241.0M | 133.0M | 60.5M | 72.0M | 72.6M | 46.4M | 39.4M |
| Income Tax | 14.3M | 13.8M | 32.0M | 17.3M | 9.2M | 12.2M | 10.9M | 7.7M | 7.0M |
| Net Income | 78.6M | 142.0M | 209.0M | 116.0M | 51.3M | 59.8M | 61.7M | 38.6M | 32.5M |
| Net Margin % | 16.8% | 22.5% | 27.0% | 22.8% | 13.7% | 19.2% | 20.4% | 15.9% | 15.2% |
| Net Income Attributable | 81.1M | 142.0M | 209.0M | 116.0M | 51.3M | 59.8M | 61.7M | 38.6M | 32.5M |
| Minority Interest | -2.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.66 | 1.53 | 3.17 | 1.75 | 0.78 | 0.91 | 0.94 | -- | -- |
| Eps Diluted | 0.66 | 1.53 | 3.17 | 1.75 | 0.78 | 0.91 | 0.94 | -- | -- |
| 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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 811.0M | 1.1B | 151.0M | 79.8M | 66.2M | 40.1M | 71.7M | 60.6M | 18.8M |
| Trading Financial Assets | 115.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 44.2M | 48.6M | 58.0M | 43.9M | 29.5M | 29.8M | 23.0M | 23.5M | -- |
| Notes Receivable | 26.3M | 32.2M | -- | -- | 1.1M | 2.4M | 26.8M | 19.1M | -- |
| Notes And Accounts Receivable | 70.5M | 80.8M | 58.0M | 43.9M | 30.6M | 32.1M | 49.8M | 42.7M | 25.0M |
| Prepayments | 17.2M | 11.4M | 12.0M | 26.4M | 10.4M | 6.8M | 2.8M | 3.2M | 1.6M |
| Inventory | 103.0M | 117.0M | 167.0M | 78.6M | 69.2M | 89.4M | 79.6M | 82.7M | 66.6M |
| Total Current Assets | 1.1B | 1.3B | 462.0M | 293.0M | 216.0M | 198.0M | 205.0M | 197.0M | 155.0M |
| Fixed Assets | -- | 204.0M | 156.0M | 151.0M | 159.0M | 139.0M | -- | 93.8M | -- |
| Fixed Assets Total | 359.0M | 204.0M | 156.0M | 151.0M | 159.0M | 139.0M | 94.0M | 93.8M | 69.9M |
| Construction In Progress | -- | 141.0M | 89.3M | 43.4M | 14.3M | 11.1M | -- | 374,000 | -- |
| Construction In Progress Total | 41.7M | 141.0M | 89.3M | 43.4M | 14.3M | 11.2M | 7.9M | 374,000 | 13.0M |
| Intangible Assets | 21.2M | 22.2M | 23.2M | 23.4M | 23.3M | 24.1M | 24.3M | 15.1M | 14.9M |
| Long Term Deferred Expenses | 1.4M | 227,300 | 321,400 | 415,400 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 428.0M | 376.0M | 278.0M | 220.0M | 198.0M | 175.0M | 130.0M | 111.0M | 106.0M |
| Total Assets | 1.6B | 1.7B | 740.0M | 514.0M | 414.0M | 373.0M | 335.0M | 308.0M | 261.0M |
| Short Term Borrowings | 6.6M | 14.9M | 8.0M | 16.9M | 36.0M | 20.0M | 50.0M | 84.8M | 98.1M |
| Accounts Payable | 38.2M | 48.5M | 42.0M | 22.6M | 23.0M | 29.9M | 20.8M | 20.6M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 2.1M | 2.1M | 1.5M | 450,700 |
| Contract Liabilities | 2.4M | 3.4M | 8.2M | 5.6M | 1.8M | -- | -- | -- | -- |
| Total Current Liabilities | 93.9M | 153.0M | 152.0M | 107.0M | 112.0M | 127.0M | 123.0M | 158.0M | 159.0M |
| Long Term Borrowings | -- | -- | 20.0M | 48.0M | 28.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 4.2M | 4.9M | 22.9M | 51.1M | 29.7M | 94,100 | 106,600 | 119,200 | -- |
| Total Liabilities | 98.2M | 158.0M | 175.0M | 158.0M | 142.0M | 127.0M | 123.0M | 158.0M | 159.0M |
| Paid In Capital | 123.0M | 88.0M | 66.0M | 66.0M | 66.0M | 66.0M | 66.0M | 63.2M | 54.7M |
| Capital Reserve | 850.0M | 885.0M | 97.7M | 97.7M | 97.7M | 97.7M | 97.7M | 37.1M | 551,100 |
| Surplus Reserve | 51.7M | 44.0M | 33.0M | 30.5M | 19.8M | 13.9M | 6.6M | 13.6M | 9.0M |
| Retained Earnings | 466.0M | 498.0M | 367.0M | 161.0M | 88.9M | 68.6M | 41.1M | 35.9M | 37.3M |
| Minority Equity | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.5B | 565.0M | 356.0M | 272.0M | 246.0M | 211.0M | 150.0M | 101.0M |
| Total Equity | 1.5B | 1.5B | 565.0M | 356.0M | 272.0M | 246.0M | 211.0M | 150.0M | 101.0M |
| 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 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 377.0M | 464.0M | 563.0M | 365.0M | 280.0M | 214.0M | 241.0M | 172.0M | 169.0M |
| Tax Refunds Received | 7.0M | 4.7M | 4.0M | 1.8M | 701,200 | 1.5M | 7.8M | 310,100 | -- |
| Total Operating Cash Inflow | 400.0M | 477.0M | 578.0M | 374.0M | 304.0M | 231.0M | 260.0M | 183.0M | 223.0M |
| Cash Paid For Goods | 194.0M | 224.0M | 313.0M | 207.0M | 199.0M | 97.1M | 88.3M | 92.3M | 75.1M |
| Cash Paid To Employees | 66.8M | 61.4M | 53.3M | 42.6M | 33.6M | 34.5M | 32.1M | 27.5M | 24.6M |
| Taxes Paid | 18.9M | 51.6M | 54.1M | 37.7M | 14.7M | 24.2M | 24.2M | 19.3M | 13.9M |
| Total Operating Cash Outflow | 308.0M | 364.0M | 472.0M | 317.0M | 273.0M | 191.0M | 173.0M | 159.0M | 147.0M |
| Operating Cash Flow | 92.4M | 112.0M | 106.0M | 56.9M | 30.9M | 39.8M | 86.7M | 24.2M | 76.2M |
| Total Investing Cash Inflow | 2.0B | 60,600 | 264,700 | 63,100 | 25,100 | 526,900 | 103,100 | 16.3M | 16.8M |
| Total Investing Cash Outflow | 2.1B | 26.8M | 9.3M | 9.7M | 9.4M | 17.3M | 24.3M | 16.6M | 34.0M |
| Investing Cash Flow | -157.0M | -26.8M | -9.0M | -9.7M | -9.3M | -16.7M | -24.2M | -265,200 | -17.2M |
| Cash From Borrowings | -- | 24.9M | 8.0M | 36.9M | 64.0M | 20.0M | 86.0M | 118.0M | 161.0M |
| Dividends And Interest Paid | 106.0M | 1.4M | 2.0M | 35.6M | 27.5M | 27.5M | 24.4M | 33.7M | 27.9M |
| Debt Repayments | 38.3M | 8.0M | 45.2M | 36.0M | 20.0M | 50.0M | 121.0M | 131.0M | 161.0M |
| Total Financing Cash Inflow | 5.1M | 865.0M | 8.0M | 36.9M | 64.0M | 20.0M | 86.0M | 186.0M | 161.0M |
| Total Financing Cash Outflow | 186.0M | 31.0M | 47.3M | 71.6M | 47.5M | 77.5M | 145.0M | 165.0M | 224.0M |
| Financing Cash Flow | -181.0M | 834.0M | -39.3M | -34.6M | 16.5M | -57.5M | -59.2M | 20.3M | -62.7M |
| Net Change In Cash | -245.0M | 920.0M | 60.8M | 12.4M | 36.6M | -34.6M | 4.1M | 44.1M | -3.2M |
| Ending Cash Balance | 811.0M | 1.1B | 136.0M | 75.1M | 62.8M | 26.1M | 60.7M | 56.6M | 12.6M |
| Capex | 50.2M | 26.8M | 9.3M | 9.7M | 9.4M | 17.3M | 23.6M | 16.6M | 19.1M |