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 | 2.5B | 2.3B | 2.1B | 2.3B | 1.8B |
| Revenue Growth % | 7.9% | 9.7% | -6.0% | 24.5% | -- |
| Total Revenue | 2.5B | 2.3B | 2.1B | 2.3B | 1.8B |
| Cost Of Revenue | 2.3B | 2.1B | 1.9B | 2.0B | 1.6B |
| Gross Profit | 266.0M | 253.0M | 241.0M | 271.0M | 246.0M |
| Gross Margin % | 10.5% | 10.8% | 11.3% | 11.9% | 13.5% |
| Total Operating Cost | 2.4B | 2.2B | 2.0B | 2.2B | 1.7B |
| Selling Expenses | 10.4M | 9.8M | 7.6M | 7.0M | 6.3M |
| Admin Expenses | 55.5M | 48.1M | 42.4M | 43.0M | 40.4M |
| Rd Expenses | 85.5M | 79.5M | 69.1M | 74.8M | 60.1M |
| Finance Expenses | -4.6M | 8.9M | 11.1M | 38.7M | 50.2M |
| Operating Income | 113.0M | 97.5M | 80.9M | 103.0M | 78.8M |
| Operating Margin % | 4.5% | 4.2% | 3.8% | 4.5% | 4.3% |
| Non Operating Income | 1.5M | 1.8M | 2.3M | 3.2M | 1.6M |
| Non Operating Expenses | 3.1M | 3.6M | 3.0M | 6.1M | 6.5M |
| Investment Income | -723,000 | -591,900 | -17.5M | 6.6M | 374,200 |
| Fair Value Change Income | -- | -- | -171,500 | 171,500 | -- |
| Asset Disposal Income | 36,600 | -- | -1,300 | -- | -- |
| Asset Impairment Loss | 12.8M | 12.7M | 3.8M | 4.9M | 3.5M |
| Other Income | 20.8M | 5.4M | 880,000 | 2.7M | 4.5M |
| Income Before Tax | 111.0M | 95.7M | 80.1M | 100.0M | 73.9M |
| Income Tax | 16.7M | 12.9M | 14.2M | 18.4M | 18.8M |
| Net Income | 94.2M | 82.8M | 65.9M | 82.0M | 55.1M |
| Net Margin % | 3.7% | 3.5% | 3.1% | 3.6% | 3.0% |
| Net Income Attributable | 97.9M | 82.8M | 65.9M | 82.0M | 55.1M |
| Minority Interest | -3.7M | -- | -- | -- | -- |
| Eps Basic | 0.39 | 0.33 | 0.27 | 0.33 | 0.23 |
| Eps Diluted | 0.39 | 0.33 | 0.27 | 0.33 | 0.23 |
| 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 | 350.0M | 360.0M | 233.0M | 273.0M | 254.0M |
| Trading Financial Assets | -- | -- | -- | 12.2M | -- |
| Accounts Receivable | 482.0M | 421.0M | 359.0M | 326.0M | 360.0M |
| Notes Receivable | 37.3M | 27.9M | 141.0M | 179.0M | 111.0M |
| Notes And Accounts Receivable | 520.0M | 449.0M | 500.0M | 505.0M | 471.0M |
| Prepayments | 95.3M | 86.7M | 71.3M | 73.7M | 58.0M |
| Inventory | 358.0M | 415.0M | 344.0M | 428.0M | 368.0M |
| Total Current Assets | 1.4B | 1.4B | 1.2B | 1.3B | 1.2B |
| Fixed Assets | -- | 204.0M | 157.0M | 135.0M | 153.0M |
| Fixed Assets Total | 211.0M | 204.0M | 157.0M | 135.0M | 153.0M |
| Construction In Progress | -- | 6.3M | 45.1M | 21.4M | 2.6M |
| Construction In Progress Total | -- | 6.3M | 45.1M | 21.4M | 2.6M |
| Intangible Assets | 54.8M | 56.4M | 46.6M | 47.0M | 57.9M |
| Long Term Deferred Expenses | 1.3M | -- | -- | -- | -- |
| Total Non Current Assets | 345.0M | 350.0M | 330.0M | 293.0M | 267.0M |
| Total Assets | 1.8B | 1.8B | 1.5B | 1.6B | 1.4B |
| Short Term Borrowings | 10.0M | 88.6M | 57.1M | 59.1M | 601.0M |
| Accounts Payable | 222.0M | 204.0M | 261.0M | 287.0M | 210.0M |
| Advance Receipts | 362,800 | -- | -- | -- | -- |
| Contract Liabilities | 4.6M | 1.5M | 2.9M | 3.2M | 5.7M |
| Total Current Liabilities | 862.0M | 859.0M | 586.0M | 676.0M | 1.0B |
| Long Term Borrowings | 100.0M | 190.0M | 315.0M | 415.0M | -- |
| Total Non Current Liabilities | 116.0M | 201.0M | 328.0M | 431.0M | 5.4M |
| Total Liabilities | 978.0M | 1.1B | 915.0M | 1.1B | 1.0B |
| Paid In Capital | 248.0M | 248.0M | 248.0M | 248.0M | 243.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Surplus Reserve | 43.8M | 43.8M | 43.8M | 43.8M | 43.8M |
| Retained Earnings | -642.0M | -740.0M | -823.0M | -889.0M | -971.0M |
| Minority Equity | 4.3M | -- | -- | -- | -- |
| Equity Attributable | 805.0M | 706.0M | 614.0M | 528.0M | 441.0M |
| Total Equity | 809.0M | 706.0M | 614.0M | 528.0M | 441.0M |
| 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 | 1.6B | 1.2B | 1.4B | 1.3B | 992.0M |
| Tax Refunds Received | -- | -- | -- | 17.4M | 21.2M |
| Total Operating Cash Inflow | 1.8B | 1.3B | 1.5B | 1.4B | 1.1B |
| Cash Paid For Goods | 1.2B | 767.0M | 1.1B | 1.1B | 853.0M |
| Cash Paid To Employees | 113.0M | 94.0M | 84.2M | 77.9M | 66.0M |
| Taxes Paid | 43.7M | 48.2M | 63.9M | 30.4M | 42.2M |
| Total Operating Cash Outflow | 1.6B | 1.0B | 1.3B | 1.3B | 1.0B |
| Operating Cash Flow | 198.0M | 238.0M | 189.0M | 111.0M | 85.0M |
| Total Investing Cash Inflow | 15.9M | 353,200 | 12.2M | 48,000 | 15.5M |
| Total Investing Cash Outflow | 26.2M | 28.5M | 40.3M | 33.8M | 10.1M |
| Investing Cash Flow | -10.3M | -28.1M | -28.1M | -33.7M | 5.3M |
| Cash From Borrowings | 35.0M | 354.0M | 57.0M | 549.0M | 59.9M |
| Dividends And Interest Paid | 6.3M | 16.6M | 26.6M | 32.4M | 49.9M |
| Debt Repayments | 213.0M | 463.0M | 204.0M | 605.0M | 110.0M |
| Total Financing Cash Inflow | 43.0M | 354.0M | 58.2M | 569.0M | 59.9M |
| Total Financing Cash Outflow | 223.0M | 482.0M | 233.0M | 640.0M | 160.0M |
| Financing Cash Flow | -180.0M | -127.0M | -175.0M | -70.7M | -99.9M |
| Net Change In Cash | 13.9M | 86.6M | -24.5M | 10.5M | -14.6M |
| Ending Cash Balance | 277.0M | 263.0M | 176.0M | 201.0M | 190.0M |
| Capex | 10.4M | 15.6M | 40.3M | 21.8M | 10.1M |