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 | 1.7B | 1.6B | 1.1B | 933.0M | 756.0M |
| Revenue Growth % | 9.0% | 36.9% | 21.5% | 23.4% | -- |
| Total Revenue | 1.7B | 1.6B | 1.1B | 933.0M | 756.0M |
| Cost Of Revenue | 1.2B | 1.1B | 814.0M | 623.0M | 494.0M |
| Gross Profit | 514.0M | 483.0M | 320.0M | 310.0M | 262.0M |
| Gross Margin % | 30.4% | 31.1% | 28.2% | 33.2% | 34.7% |
| Total Operating Cost | 1.5B | 1.4B | 1.1B | 840.0M | 686.0M |
| Selling Expenses | 47.7M | 48.0M | 33.0M | 35.8M | 31.5M |
| Admin Expenses | 182.0M | 202.0M | 149.0M | 133.0M | 127.0M |
| Rd Expenses | 34.3M | 37.5M | 29.2M | 27.6M | 15.4M |
| Finance Expenses | 18.9M | 18.4M | 14.2M | 6.2M | 6.8M |
| Operating Income | 188.0M | 137.0M | 67.4M | 94.2M | 72.6M |
| Operating Margin % | 11.1% | 8.8% | 5.9% | 10.1% | 9.6% |
| Non Operating Income | 2.9M | 177,800 | 2.9M | 586,400 | 1.0M |
| Non Operating Expenses | 746,900 | 806,800 | 748,500 | 3.2M | 3.4M |
| Investment Income | 308,100 | 1.1M | 634,800 | -650,500 | -549,200 |
| Fair Value Change Income | -- | -5.4M | -105,500 | 139,200 | 80,700 |
| Asset Disposal Income | 330,700 | 117,700 | -9,800 | -195,600 | -525,700 |
| Asset Impairment Loss | 33.4M | 18.2M | 24.1M | 315,600 | 4.2M |
| Other Income | 10.9M | 13.7M | 12.7M | 2.4M | 3.7M |
| Income Before Tax | 190.0M | 136.0M | 69.6M | 91.6M | 70.3M |
| Income Tax | 16.4M | 14.2M | 3.2M | 17.2M | 8.7M |
| Net Income | 174.0M | 122.0M | 66.4M | 74.4M | 61.6M |
| Net Margin % | 10.3% | 7.9% | 5.9% | 8.0% | 8.2% |
| Net Income Attributable | 148.0M | 97.8M | 53.4M | 52.6M | 36.8M |
| Minority Interest | 25.6M | 24.4M | 13.0M | 21.8M | 24.8M |
| Eps Basic | 0.54 | 0.35 | 0.19 | 0.19 | 0.13 |
| Eps Diluted | 0.54 | 0.35 | 0.19 | 0.19 | 0.13 |
| 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 | 534.0M | 739.0M | 424.0M | 191.0M | 180.0M |
| Trading Financial Assets | -- | -- | -- | -- | 8.0M |
| Accounts Receivable | 950.0M | 786.0M | 522.0M | 370.0M | 255.0M |
| Notes Receivable | 58.8M | 40.1M | 122.0M | 34.4M | 36.6M |
| Notes And Accounts Receivable | 1.0B | 826.0M | 644.0M | 404.0M | 291.0M |
| Prepayments | 6.9M | 8.0M | 10.9M | 6.6M | 5.2M |
| Inventory | 90.5M | 93.0M | 87.8M | 52.3M | 28.7M |
| Total Current Assets | 1.8B | 1.8B | 1.2B | 724.0M | 584.0M |
| Long Term Equity Investment | 10.9M | 11.8M | 11.8M | 11.6M | 11.9M |
| Fixed Assets | -- | 619.0M | 649.0M | 673.0M | 619.0M |
| Fixed Assets Total | 603.0M | 620.0M | 649.0M | 673.0M | 619.0M |
| Construction In Progress | -- | 43.3M | 23.4M | 6.0M | 16.3M |
| Construction In Progress Total | 14.1M | 43.3M | 23.4M | 6.0M | 16.3M |
| Intangible Assets | 90.2M | 88.2M | 94.0M | 75.1M | 77.1M |
| Long Term Deferred Expenses | 14.1M | 13.4M | 8.0M | 8.1M | 4.1M |
| Total Non Current Assets | 774.0M | 871.0M | 892.0M | 883.0M | 888.0M |
| Total Assets | 2.6B | 2.6B | 2.1B | 1.6B | 1.5B |
| Short Term Borrowings | 166.0M | 250.0M | 170.0M | 114.0M | 111.0M |
| Accounts Payable | 170.0M | 237.0M | 216.0M | 182.0M | 140.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.9M | 9.6M | 8.6M | 9.4M | 44.2M |
| Total Current Liabilities | 939.0M | 823.0M | 650.0M | 512.0M | 415.0M |
| Long Term Borrowings | 424.0M | 712.0M | 424.0M | 128.0M | 117.0M |
| Total Non Current Liabilities | 446.0M | 745.0M | 473.0M | 170.0M | 155.0M |
| Total Liabilities | 1.4B | 1.6B | 1.1B | 681.0M | 570.0M |
| Paid In Capital | 276.0M | 276.0M | 276.0M | 276.0M | 276.0M |
| Capital Reserve | 283.0M | 283.0M | 283.0M | 278.0M | 278.0M |
| Surplus Reserve | 78.4M | 62.9M | 54.2M | 48.0M | 45.1M |
| Retained Earnings | 280.0M | 188.0M | 141.0M | 135.0M | 126.0M |
| Minority Equity | 260.0M | 239.0M | 225.0M | 160.0M | 141.0M |
| Equity Attributable | 926.0M | 820.0M | 772.0M | 766.0M | 761.0M |
| Total Equity | 1.2B | 1.1B | 997.0M | 926.0M | 902.0M |
| 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 | 1.5B | 1.2B | 887.0M | 663.0M | 597.0M |
| Tax Refunds Received | -- | -- | 7.2M | -- | 317,000 |
| Total Operating Cash Inflow | 1.6B | 1.3B | 942.0M | 728.0M | 626.0M |
| Cash Paid For Goods | 1.0B | 769.0M | 593.0M | 286.0M | 233.0M |
| Cash Paid To Employees | 379.0M | 308.0M | 256.0M | 255.0M | 188.0M |
| Taxes Paid | 110.0M | 75.4M | 48.1M | 65.5M | 25.3M |
| Total Operating Cash Outflow | 1.6B | 1.2B | 989.0M | 734.0M | 513.0M |
| Operating Cash Flow | 276,600 | 53.2M | -46.9M | -6.6M | 114.0M |
| Total Investing Cash Inflow | 5.2M | 22.6M | 101.0M | 46.7M | 5.5M |
| Total Investing Cash Outflow | 62.0M | 96.0M | 145.0M | 57.7M | 238.0M |
| Investing Cash Flow | -56.9M | -73.5M | -44.4M | -11.0M | -233.0M |
| Cash From Borrowings | 306.0M | 674.0M | 588.0M | 236.0M | 237.0M |
| Dividends And Interest Paid | 68.9M | 78.3M | 58.3M | 51.7M | 52.1M |
| Debt Repayments | 387.0M | 257.0M | 257.0M | 163.0M | 113.0M |
| Total Financing Cash Inflow | 308.0M | 674.0M | 653.0M | 236.0M | 237.0M |
| Total Financing Cash Outflow | 460.0M | 343.0M | 319.0M | 218.0M | 167.0M |
| Financing Cash Flow | -152.0M | 331.0M | 335.0M | 18.2M | 70.1M |
| Net Change In Cash | -209.0M | 310.0M | 243.0M | 627,400 | -48.9M |
| Ending Cash Balance | 524.0M | 733.0M | 423.0M | 179.0M | 179.0M |
| Capex | 30.0M | 56.0M | 45.4M | 57.7M | 213.0M |