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 | 1.2B | 1.4B | 1.2B | 919.0M | 808.0M |
| Revenue Growth % | -13.5% | 11.7% | 33.8% | 13.7% | -- |
| Total Revenue | 1.2B | 1.4B | 1.2B | 919.0M | 808.0M |
| Cost Of Revenue | 717.0M | 806.0M | 797.0M | 607.0M | 542.0M |
| Gross Profit | 472.0M | 568.0M | 433.0M | 312.0M | 266.0M |
| Gross Margin % | 39.7% | 41.3% | 35.2% | 33.9% | 32.9% |
| Total Operating Cost | 1.1B | 1.3B | 1.1B | 842.0M | 748.0M |
| Selling Expenses | 182.0M | 246.0M | 189.0M | 120.0M | 71.2M |
| Admin Expenses | 69.1M | 67.8M | 61.7M | 50.0M | 53.8M |
| Rd Expenses | 78.5M | 82.6M | 65.7M | 38.6M | 36.1M |
| Finance Expenses | -2.8M | -9.7M | -2.3M | -348,800 | 5.9M |
| Operating Income | 115.0M | 136.0M | 94.5M | 93.9M | 65.1M |
| Operating Margin % | 9.7% | 9.9% | 7.7% | 10.2% | 8.1% |
| Non Operating Income | 931,100 | 5.1M | 688,100 | 1.8M | 459,400 |
| Non Operating Expenses | 794,100 | 1.3M | 1.3M | 4.6M | 1.1M |
| Investment Income | -170,700 | 2.7M | 5.9M | -9.3M | -4.8M |
| Fair Value Change Income | -4,200 | 416,900 | 1.6M | -2.5M | -- |
| Asset Disposal Income | 56,100 | -211,700 | -67,000 | 24.4M | 730,700 |
| Asset Impairment Loss | 4.6M | 8.1M | 5.7M | 4.9M | 5.2M |
| Other Income | 9.1M | 12.7M | 5.9M | 4.0M | 8.7M |
| Income Before Tax | 115.0M | 140.0M | 93.9M | 91.1M | 64.4M |
| Income Tax | 17.1M | 14.8M | 9.5M | 5.9M | 9.0M |
| Net Income | 98.3M | 125.0M | 84.4M | 85.2M | 55.4M |
| Net Margin % | 8.3% | 9.1% | 6.9% | 9.3% | 6.9% |
| Net Income Attributable | 94.4M | 120.0M | 90.1M | 85.8M | 56.4M |
| Minority Interest | 3.8M | 5.2M | -5.7M | -627,800 | -947,300 |
| Eps Basic | 0.26 | 0.33 | 0.25 | 0.27 | 0.17 |
| Eps Diluted | 0.26 | 0.33 | 0.25 | 0.27 | 0.17 |
| 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 | 366.0M | 562.0M | 429.0M | 130.0M | 99.8M |
| Trading Financial Assets | -- | 75.2M | 164.0M | -- | -- |
| Accounts Receivable | 723.0M | 684.0M | 554.0M | 491.0M | 442.0M |
| Notes Receivable | 21.1M | 18.1M | 21.5M | 21.4M | 25.5M |
| Notes And Accounts Receivable | 744.0M | 702.0M | 576.0M | 513.0M | 467.0M |
| Prepayments | 18.3M | 19.6M | 25.2M | 23.1M | 17.8M |
| Inventory | 288.0M | 272.0M | 270.0M | 154.0M | 129.0M |
| Total Current Assets | 1.6B | 1.8B | 1.7B | 999.0M | 885.0M |
| Long Term Equity Investment | -- | -- | -- | 4.2M | 3.0M |
| Fixed Assets | -- | 204.0M | 219.0M | 191.0M | 207.0M |
| Fixed Assets Total | 546.0M | 204.0M | 219.0M | 191.0M | 207.0M |
| Construction In Progress | -- | 213.0M | 23.9M | 512,400 | 150,100 |
| Construction In Progress Total | 294.0M | 213.0M | 23.9M | 512,400 | 150,100 |
| Intangible Assets | 183.0M | 154.0M | 158.0M | 52.0M | 61.3M |
| Long Term Deferred Expenses | 6.5M | 8.3M | 10.3M | 6.8M | 14.4M |
| Total Non Current Assets | 1.2B | 696.0M | 529.0M | 366.0M | 404.0M |
| Total Assets | 2.8B | 2.5B | 2.2B | 1.4B | 1.3B |
| Short Term Borrowings | 233.0M | 209.0M | 124.0M | 3.0M | 71.1M |
| Accounts Payable | 471.0M | 468.0M | 377.0M | 190.0M | 88.9M |
| Advance Receipts | 2.3M | 1.2M | 1.2M | 1.7M | 610,000 |
| Contract Liabilities | 56.9M | 34.8M | 53.0M | 42.8M | 25.2M |
| Total Current Liabilities | 942.0M | 908.0M | 685.0M | 290.0M | 272.0M |
| Long Term Borrowings | 178.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 185.0M | 10.4M | 10.9M | 10.9M | 11.6M |
| Total Liabilities | 1.1B | 919.0M | 696.0M | 301.0M | 284.0M |
| Paid In Capital | 362.0M | 362.0M | 362.0M | 323.0M | 323.0M |
| Capital Reserve | 517.0M | 517.0M | 517.0M | 188.0M | 188.0M |
| Surplus Reserve | 96.1M | 88.8M | 80.6M | 72.7M | 67.7M |
| Retained Earnings | 632.0M | 592.0M | 521.0M | 479.0M | 424.0M |
| Minority Equity | 69.2M | 48.6M | 44.1M | 2.8M | 3.3M |
| Equity Attributable | 1.6B | 1.6B | 1.5B | 1.1B | 1.0B |
| Total Equity | 1.7B | 1.6B | 1.5B | 1.1B | 1.0B |
| 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 | 961.0M | 748.0M | 891.0M | 674.0M | 603.0M |
| Tax Refunds Received | 1.3M | 808,100 | 2.3M | -- | 152,600 |
| Total Operating Cash Inflow | 1.1B | 833.0M | 967.0M | 718.0M | 644.0M |
| Cash Paid For Goods | 368.0M | 228.0M | 352.0M | 297.0M | 244.0M |
| Cash Paid To Employees | 165.0M | 158.0M | 144.0M | 112.0M | 121.0M |
| Taxes Paid | 87.0M | 96.1M | 76.1M | 65.7M | 61.9M |
| Total Operating Cash Outflow | 871.0M | 714.0M | 763.0M | 605.0M | 536.0M |
| Operating Cash Flow | 191.0M | 119.0M | 205.0M | 113.0M | 109.0M |
| Total Investing Cash Inflow | 191.0M | 593.0M | 594.0M | 138.0M | 640.0M |
| Total Investing Cash Outflow | 692.0M | 625.0M | 880.0M | 124.0M | 514.0M |
| Investing Cash Flow | -500.0M | -32.2M | -286.0M | 13.9M | 126.0M |
| Cash From Borrowings | 827.0M | 661.0M | 318.0M | 108.0M | 298.0M |
| Dividends And Interest Paid | 56.1M | 45.6M | 45.4M | 29.6M | 39.2M |
| Debt Repayments | 629.0M | 579.0M | 236.0M | 176.0M | 486.0M |
| Total Financing Cash Inflow | 845.0M | 669.0M | 691.0M | 108.0M | 298.0M |
| Total Financing Cash Outflow | 720.0M | 633.0M | 310.0M | 209.0M | 544.0M |
| Financing Cash Flow | 124.0M | 35.6M | 381.0M | -100.0M | -246.0M |
| Net Change In Cash | -185.0M | 122.0M | 299.0M | 26.9M | -11.7M |
| Ending Cash Balance | 357.0M | 543.0M | 420.0M | 121.0M | 94.0M |
| Capex | 454.0M | 126.0M | 100.0M | 47.3M | 12.2M |