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 |
|---|---|---|---|---|---|---|
| Revenue | 865.0M | 647.0M | 480.0M | 522.0M | 348.0M | 473.0M |
| Revenue Growth % | 33.7% | 34.8% | -8.0% | 50.0% | -26.4% | -- |
| Total Revenue | 865.0M | 647.0M | 480.0M | 522.0M | 348.0M | 473.0M |
| Cost Of Revenue | 584.0M | 459.0M | 325.0M | 354.0M | 221.0M | 286.0M |
| Gross Profit | 281.0M | 188.0M | 155.0M | 168.0M | 127.0M | 187.0M |
| Gross Margin % | 32.5% | 29.1% | 32.3% | 32.2% | 36.5% | 39.5% |
| Total Operating Cost | 713.0M | 549.0M | 396.0M | 445.0M | 290.0M | 367.0M |
| Selling Expenses | 13.0M | 10.2M | 7.8M | 5.5M | 7.6M | 12.8M |
| Admin Expenses | 48.5M | 41.5M | 39.9M | 39.4M | 28.7M | 29.2M |
| Rd Expenses | 46.6M | 32.1M | 24.9M | 32.1M | 32.4M | 31.5M |
| Finance Expenses | 80,700 | -1.8M | -7.3M | 8.7M | -2.1M | 1.7M |
| Operating Income | 170.0M | 111.0M | 99.0M | 94.1M | 70.2M | 129.0M |
| Operating Margin % | 19.7% | 17.2% | 20.6% | 18.0% | 20.2% | 27.3% |
| Non Operating Income | 4.8M | 5.6M | 658,000 | 1.1M | 13.0M | 992,600 |
| Non Operating Expenses | 103,000 | 487,600 | 348,800 | 426,200 | 7.8M | 1.8M |
| Investment Income | 9.7M | 5.5M | 5.0M | 3.4M | 3.2M | 1.0M |
| Asset Disposal Income | -26,300 | 25,400 | -- | 117,800 | -- | 18.3M |
| Asset Impairment Loss | 2.3M | 697,800 | 1.1M | 1.7M | 396,100 | 16,000 |
| Other Income | 8.5M | 8.0M | 9.4M | 12.9M | 9.4M | 3.7M |
| Income Before Tax | 174.0M | 116.0M | 99.3M | 94.8M | 75.4M | 128.0M |
| Income Tax | 19.7M | 13.1M | 12.0M | 10.9M | 7.7M | 17.4M |
| Net Income | 155.0M | 103.0M | 87.4M | 83.9M | 67.6M | 111.0M |
| Net Margin % | 17.9% | 15.9% | 18.2% | 16.1% | 19.4% | 23.5% |
| Net Income Attributable | 155.0M | 103.0M | 87.4M | 83.9M | 67.6M | 111.0M |
| Eps Basic | 2.36 | 1.58 | 1.34 | 1.28 | 1.12 | 1.85 |
| Eps Diluted | 2.36 | 1.58 | 1.34 | 1.28 | 1.12 | 1.85 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 272.0M | 303.0M | 199.0M | 116.0M | 163.0M | 176.0M |
| Accounts Receivable | 16.8M | 18.5M | 16.4M | 2.5M | 16.7M | 10.5M |
| Notes Receivable | 34.3M | 31.9M | 53.7M | 19.8M | 32.9M | 57.3M |
| Notes And Accounts Receivable | 51.1M | 50.4M | 70.1M | 22.2M | 49.6M | 67.8M |
| Prepayments | 48.1M | 68.3M | 95.9M | 54.4M | 35.3M | 39.6M |
| Inventory | 640.0M | 664.0M | 537.0M | 389.0M | 450.0M | 421.0M |
| Total Current Assets | 1.1B | 1.1B | 945.0M | 622.0M | 714.0M | 740.0M |
| Long Term Equity Investment | -- | -- | -- | 5.5M | -- | -- |
| Fixed Assets | -- | 152.0M | 165.0M | 167.0M | 119.0M | 127.0M |
| Fixed Assets Total | 141.0M | 152.0M | 165.0M | 167.0M | 119.0M | 127.0M |
| Construction In Progress | -- | 29.2M | 360,500 | -- | 18.8M | 4.8M |
| Construction In Progress Total | 97.0M | 29.2M | 360,500 | -- | 18.8M | 4.8M |
| Intangible Assets | 87.5M | 89.0M | 90.8M | 62.7M | 63.4M | 65.1M |
| Long Term Deferred Expenses | 20,900 | -- | 1,200 | -- | -- | -- |
| Total Non Current Assets | 725.0M | 534.0M | 384.0M | 395.0M | 326.0M | 284.0M |
| Total Assets | 1.9B | 1.7B | 1.3B | 1.0B | 1.0B | 1.0B |
| Short Term Borrowings | -- | -- | -- | -- | -- | 24.0M |
| Accounts Payable | 44.4M | 20.2M | 17.0M | 17.7M | 11.7M | 17.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 520.0M |
| Contract Liabilities | 1.0B | 913.0M | 661.0M | 466.0M | 576.0M | -- |
| Total Current Liabilities | 1.1B | 1.1B | 810.0M | 563.0M | 676.0M | 652.0M |
| Long Term Borrowings | -- | 24.0M | -- | 24.0M | 24.0M | -- |
| Total Non Current Liabilities | 33.3M | 54.8M | 27.1M | 54.5M | 52.5M | 27.8M |
| Total Liabilities | 1.2B | 1.1B | 837.0M | 617.0M | 729.0M | 680.0M |
| Paid In Capital | 65.4M | 65.4M | 65.4M | 65.4M | 65.4M | 60.0M |
| Capital Reserve | 80.6M | 78.5M | 76.3M | 74.1M | 72.0M | 6.6M |
| Surplus Reserve | 32.7M | 32.7M | 28.2M | 21.4M | 18.4M | 13.2M |
| Retained Earnings | 498.0M | 344.0M | 300.0M | 219.0M | 139.0M | 251.0M |
| Equity Attributable | 702.0M | 545.0M | 492.0M | 400.0M | 311.0M | 344.0M |
| Total Equity | 702.0M | 545.0M | 492.0M | 400.0M | 311.0M | 344.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 987.0M | 925.0M | 629.0M | 387.0M | 407.0M | 519.0M |
| Tax Refunds Received | 10.8M | 24.0M | 32.0M | 8.3M | 6.5M | 17.0M |
| Total Operating Cash Inflow | 1.0B | 1.0B | 727.0M | 414.0M | 509.0M | 619.0M |
| Cash Paid For Goods | 533.0M | 509.0M | 429.0M | 243.0M | 213.0M | 282.0M |
| Cash Paid To Employees | 88.1M | 76.4M | 60.6M | 57.5M | 45.7M | 47.5M |
| Taxes Paid | 93.0M | 59.2M | 25.8M | 37.0M | 30.4M | 50.7M |
| Total Operating Cash Outflow | 777.0M | 682.0M | 597.0M | 442.0M | 317.0M | 494.0M |
| Operating Cash Flow | 239.0M | 339.0M | 130.0M | -27.7M | 192.0M | 125.0M |
| Total Investing Cash Inflow | 4.1M | 3.3M | 23.8M | 422,000 | 17.8M | 18.4M |
| Total Investing Cash Outflow | 264.0M | 151.0M | 43.7M | 66.4M | 50.2M | 42.8M |
| Investing Cash Flow | -259.0M | -148.0M | -19.9M | -65.9M | -32.4M | -24.4M |
| Cash From Borrowings | -- | 24.0M | -- | -- | 24.0M | 24.0M |
| Dividends And Interest Paid | 299,000 | 55.8M | 913,500 | 11.1M | 166.0M | 37.1M |
| Debt Repayments | 24.0M | -- | 24.0M | -- | 24.0M | 24.0M |
| Total Financing Cash Inflow | -- | 24.0M | -- | -- | 94.6M | 24.0M |
| Total Financing Cash Outflow | 24.3M | 55.8M | 24.9M | 11.1M | 190.0M | 61.1M |
| Financing Cash Flow | -24.3M | -31.8M | -24.9M | -11.1M | -95.4M | -37.1M |
| Net Change In Cash | -46.0M | 161.0M | 88.2M | -114.0M | 65.6M | 62.8M |
| Ending Cash Balance | 249.0M | 295.0M | 134.0M | 46.2M | 161.0M | 95.1M |
| Capex | 54.5M | 35.7M | 43.7M | 30.4M | 30.2M | 12.8M |