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 | 4.4B | 4.3B | 4.6B | 3.4B | 2.3B |
| Revenue Growth % | 1.9% | -6.3% | 32.6% | 49.8% | -- |
| Total Revenue | 4.4B | 4.3B | 4.6B | 3.4B | 2.3B |
| Cost Of Revenue | 3.9B | 3.9B | 4.2B | 2.9B | 2.0B |
| Gross Profit | 466.0M | 409.0M | 397.0M | 507.0M | 327.0M |
| Gross Margin % | 10.7% | 9.6% | 8.7% | 14.7% | 14.2% |
| Total Operating Cost | 4.2B | 4.2B | 4.4B | 3.2B | 2.2B |
| Selling Expenses | 26.7M | 29.5M | 27.7M | 29.3M | 21.3M |
| Admin Expenses | 191.0M | 161.0M | 167.0M | 160.0M | 125.0M |
| Rd Expenses | 38.6M | 28.1M | 27.7M | 25.2M | 14.0M |
| Finance Expenses | 51.1M | 37.2M | 1.7M | 44.3M | 53.5M |
| Operating Income | 163.0M | 135.0M | 120.0M | 203.0M | 103.0M |
| Operating Margin % | 3.7% | 3.2% | 2.6% | 5.9% | 4.5% |
| Non Operating Income | 653,800 | 766,500 | 828,200 | 398,700 | 789,600 |
| Non Operating Expenses | 2.7M | 9.1M | 7.3M | 8.7M | 6.2M |
| Investment Income | -1.1M | -2.7M | -21.8M | -9.4M | -- |
| Asset Disposal Income | -19,200 | 59,600 | -186,000 | -19,100 | 185,800 |
| Asset Impairment Loss | 5.8M | 22.8M | 23.1M | 21.7M | 27.4M |
| Other Income | 33.6M | 31.1M | 10.4M | 15.1M | 20.9M |
| Income Before Tax | 161.0M | 126.0M | 114.0M | 195.0M | 97.3M |
| Income Tax | 19.1M | 15.9M | 10.3M | 23.4M | 19.9M |
| Net Income | 142.0M | 110.0M | 104.0M | 172.0M | 77.5M |
| Net Margin % | 3.3% | 2.6% | 2.3% | 5.0% | 3.4% |
| Net Income Attributable | 142.0M | 110.0M | 104.0M | 172.0M | 77.5M |
| Minority Interest | -68.00 | -- | -- | -- | -- |
| Eps Basic | 0.29 | 0.23 | 0.22 | 0.36 | 0.16 |
| Eps Diluted | 0.25 | 0.23 | 0.22 | 0.36 | 0.16 |
| 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 | 311.0M | 402.0M | 273.0M | 155.0M | 308.0M |
| Accounts Receivable | 1.0B | 900.0M | 945.0M | 796.0M | 519.0M |
| Notes Receivable | 2.1M | 1.0M | -- | -- | -- |
| Notes And Accounts Receivable | 1.0B | 901.0M | 945.0M | 796.0M | 519.0M |
| Prepayments | 32.7M | 30.7M | 38.9M | 34.5M | 23.6M |
| Inventory | 474.0M | 417.0M | 666.0M | 510.0M | 312.0M |
| Total Current Assets | 2.6B | 2.4B | 2.3B | 1.8B | 1.4B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 772.0M | 812.0M | 879.0M | 967.0M |
| Fixed Assets Total | 1.5B | 772.0M | 812.0M | 879.0M | 967.0M |
| Construction In Progress | -- | 301.0M | 17.0M | 8.5M | 17.8M |
| Construction In Progress Total | 27.6M | 306.0M | 17.0M | 8.5M | 17.8M |
| Intangible Assets | 249.0M | 252.0M | 115.0M | 115.0M | 97.3M |
| Long Term Deferred Expenses | 354,500 | -- | -- | -- | -- |
| Total Non Current Assets | 1.8B | 1.4B | 1.1B | 1.0B | 1.1B |
| Total Assets | 4.4B | 3.8B | 3.4B | 2.8B | 2.5B |
| Short Term Borrowings | 314.0M | 833.0M | 706.0M | 465.0M | 549.0M |
| Accounts Payable | 350.0M | 195.0M | 198.0M | 177.0M | 142.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 21.2M | 16.0M | 9.5M | 8.0M | 23.6M |
| Total Current Liabilities | 1.1B | 1.7B | 1.6B | 1.2B | 1.2B |
| Long Term Borrowings | 681.0M | 375.0M | 176.0M | 119.0M | -- |
| Total Non Current Liabilities | 1.5B | 409.0M | 183.0M | 126.0M | 10.3M |
| Total Liabilities | 2.6B | 2.1B | 1.8B | 1.3B | 1.2B |
| Paid In Capital | 503.0M | 491.0M | 491.0M | 491.0M | 480.0M |
| Capital Reserve | 490.0M | 463.0M | 457.0M | 443.0M | 412.0M |
| Surplus Reserve | 93.2M | 86.4M | 77.6M | 68.8M | 57.7M |
| Retained Earnings | 749.0M | 673.0M | 571.0M | 525.0M | 365.0M |
| Minority Equity | 599,900 | -- | -- | -- | -- |
| Equity Attributable | 1.8B | 1.7B | 1.6B | 1.5B | 1.3B |
| Total Equity | 1.8B | 1.7B | 1.6B | 1.5B | 1.3B |
| 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 | 3.6B | 3.4B | 3.5B | 2.0B | 1.6B |
| Tax Refunds Received | 7.0M | 16.0M | 4.7M | 8.2M | 5.0M |
| Total Operating Cash Inflow | 3.7B | 3.5B | 3.5B | 2.1B | 1.6B |
| Cash Paid For Goods | 3.3B | 3.0B | 3.0B | 1.7B | 1.2B |
| Cash Paid To Employees | 175.0M | 152.0M | 141.0M | 132.0M | 91.9M |
| Taxes Paid | 97.6M | 131.0M | 105.0M | 142.0M | 82.4M |
| Total Operating Cash Outflow | 3.7B | 3.4B | 3.3B | 2.1B | 1.4B |
| Operating Cash Flow | -58.2M | 128.0M | 179.0M | -13.6M | 171.0M |
| Total Investing Cash Inflow | 445.0M | 2.2M | 1.2M | 1.7M | 517,700 |
| Total Investing Cash Outflow | 831.0M | 415.0M | 162.0M | 39.6M | 26.0M |
| Investing Cash Flow | -386.0M | -413.0M | -160.0M | -37.9M | -25.5M |
| Cash From Borrowings | 1.7B | 1.5B | 934.0M | 703.0M | 649.0M |
| Dividends And Interest Paid | 111.0M | 53.5M | 85.8M | 33.5M | 38.2M |
| Debt Repayments | 1.3B | 937.0M | 559.0M | 691.0M | 629.0M |
| Total Financing Cash Inflow | 1.9B | 1.5B | 1.3B | 776.0M | 683.0M |
| Total Financing Cash Outflow | 1.5B | 1.1B | 1.2B | 837.0M | 749.0M |
| Financing Cash Flow | 421.0M | 379.0M | 107.0M | -60.6M | -65.5M |
| Net Change In Cash | -22.8M | 93.7M | 125.0M | -112.0M | 80.3M |
| Ending Cash Balance | 260.0M | 283.0M | 189.0M | 63.9M | 176.0M |
| Capex | 384.0M | 415.0M | 162.0M | 39.6M | 26.0M |