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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 681.0M | 326.0M | 195.0M | 220.0M | 212.0M | 266.0M | 231.0M | 204.0M | 201.0M | 210.0M | 211.0M | 160.0M | 141.0M | 116.0M |
| Revenue Growth % | 108.9% | 67.2% | -11.4% | 3.8% | -20.3% | 15.2% | 13.2% | 1.5% | -4.3% | -0.5% | 31.9% | 13.5% | 21.6% | -- |
| Total Revenue | 681.0M | 326.0M | 195.0M | 220.0M | 212.0M | 266.0M | 231.0M | 204.0M | 201.0M | 210.0M | 211.0M | 160.0M | 141.0M | 116.0M |
| Cost Of Revenue | 528.0M | 245.0M | 121.0M | 137.0M | 135.0M | 180.0M | 141.0M | 121.0M | 106.0M | 116.0M | 121.0M | 83.1M | 79.1M | 66.6M |
| Gross Profit | 153.0M | 81.0M | 74.0M | 83.0M | 77.0M | 86.0M | 90.0M | 83.0M | 95.0M | 94.0M | 90.0M | 76.9M | 61.9M | 49.4M |
| Gross Margin % | 22.5% | 24.8% | 37.9% | 37.7% | 36.3% | 32.3% | 39.0% | 40.7% | 47.3% | 44.8% | 42.7% | 48.1% | 43.9% | 42.6% |
| Total Operating Cost | 656.0M | 332.0M | 189.0M | 201.0M | 199.0M | 239.0M | 196.0M | 170.0M | 159.0M | 167.0M | 169.0M | 130.0M | 123.0M | 95.7M |
| Selling Expenses | 54.2M | 40.4M | 37.6M | 36.0M | 35.3M | 35.1M | 25.3M | 23.4M | 25.4M | 27.2M | 25.3M | 24.8M | 22.7M | 16.1M |
| Admin Expenses | 40.6M | 23.9M | 13.9M | 11.9M | 7.9M | 9.1M | 9.2M | 8.8M | 20.3M | 19.8M | 20.1M | 19.7M | 18.9M | 10.7M |
| Rd Expenses | 26.2M | 20.3M | 12.3M | 14.9M | 15.7M | 15.0M | 13.6M | 12.8M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -925,300 | -2.0M | -3.4M | -3.4M | -3.2M | -1.7M | -2.1M | -1.3M | -260,800 | -760,700 | -681,600 | -342,500 | 401,700 | 179,500 |
| Operating Income | 30.8M | 964,700 | 11.8M | 21.2M | 26.4M | 36.6M | 40.7M | 36.4M | 41.4M | 43.1M | 42.4M | 30.3M | 17.9M | 19.8M |
| Operating Margin % | 4.5% | 0.3% | 6.1% | 9.7% | 12.4% | 13.7% | 17.6% | 17.8% | 20.6% | 20.5% | 20.1% | 19.0% | 12.7% | 17.1% |
| Non Operating Income | 662,200 | 886,700 | 520,900 | 1.2M | 4,000 | 46,100 | 2.1M | 2.5M | 5.1M | 1.9M | 1.6M | 2.1M | 5.7M | 379,300 |
| Non Operating Expenses | 151,700 | 89,800 | 15,200 | 435,800 | 13,400 | 380,800 | 84,100 | 9,200 | 13,000 | 121,900 | 2,300 | 20,200 | 58,200 | 434,600 |
| Investment Income | 3.8M | 3.2M | 2.5M | 2.1M | 4.7M | 2.8M | 3.5M | 1.7M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 340,700 | -50,600 | 59,700 | 33,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 69,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.4M | -5.4M | 4.3M | 3.3M | 8.1M | -1.1M | 6.9M | 3.2M | 5.6M | 2.1M | 791,900 | 446,800 | 139,800 | 777,800 |
| Other Income | 1.4M | 3.6M | 3.1M | 486,500 | 9.2M | 6.2M | 2.0M | 671,500 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 31.3M | 1.8M | 12.3M | 22.0M | 26.3M | 36.2M | 42.7M | 38.9M | 46.5M | 44.9M | 44.0M | 32.4M | 23.5M | 19.8M |
| Income Tax | 4.5M | 477,700 | -606,500 | 2.5M | 2.9M | 4.4M | 5.9M | 5.6M | 6.4M | 6.3M | 7.0M | 5.0M | 3.7M | 3.4M |
| Net Income | 26.8M | 1.3M | 12.9M | 19.5M | 23.4M | 31.9M | 36.8M | 33.3M | 40.1M | 38.5M | 37.0M | 27.5M | 19.9M | 16.4M |
| Net Margin % | 3.9% | 0.4% | 6.6% | 8.9% | 11.0% | 12.0% | 15.9% | 16.3% | 19.9% | 18.4% | 17.5% | 17.2% | 14.1% | 14.2% |
| Net Income Attributable | 18.1M | 5.9M | 12.9M | 19.5M | 23.4M | 31.9M | 36.8M | 33.3M | 40.1M | 38.5M | 37.0M | 27.5M | 19.9M | 16.4M |
| Minority Interest | 8.7M | -4.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.14 | 0.05 | 0.10 | 0.15 | 0.18 | 0.25 | 0.29 | 0.28 | 0.67 | 0.64 | 0.62 | 0.75 | 0.54 | 0.51 |
| Eps Diluted | 0.14 | 0.05 | 0.10 | 0.15 | 0.18 | 0.25 | 0.29 | 0.28 | 0.67 | 0.64 | 0.62 | 0.75 | 0.54 | 0.51 |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 286.0M | 335.0M | 246.0M | 249.0M | 205.0M | 167.0M | 121.0M | 153.0M | 80.8M | 77.5M | 87.5M | 57.1M | 84.4M | 57.0M |
| Trading Financial Assets | 249.0M | 34.0M | 90.1M | 50.0M | 81.5M | 88.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 269.0M | 145.0M | 104.0M | 118.0M | 136.0M | 200.0M | 216.0M | 169.0M | 144.0M | 106.0M | 86.5M | 78.8M | 59.0M | 64.1M |
| Notes Receivable | 687,100 | 889,000 | 776,000 | 1.7M | 19.2M | -- | 13.5M | 43.8M | 3.3M | 18.2M | 5.5M | 17.9M | 924,000 | 1.3M |
| Notes And Accounts Receivable | 270.0M | 146.0M | 104.0M | 120.0M | 155.0M | 200.0M | 230.0M | 213.0M | 147.0M | 124.0M | 92.0M | 96.7M | 60.0M | 65.4M |
| Prepayments | 1.3M | 1.0M | 1.2M | 2.1M | 3.0M | 2.0M | 3.4M | 2.7M | 2.4M | 1.4M | 2.3M | 17.4M | 10.3M | 1.3M |
| Inventory | 117.0M | 56.2M | 46.3M | 48.6M | 41.1M | 50.6M | 81.1M | 54.0M | 47.9M | 43.8M | 47.1M | 69.0M | 52.8M | 28.8M |
| Total Current Assets | 976.0M | 603.0M | 514.0M | 498.0M | 515.0M | 515.0M | 557.0M | 507.0M | 284.0M | 251.0M | 233.0M | 248.0M | 213.0M | 156.0M |
| Long Term Equity Investment | 8.5M | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 113.0M | -- | 9.4M | 9.5M | 10.5M | 12.1M | 11.7M | 9.9M | 10.2M | 11.1M | 11.7M | 10.8M | 9.6M |
| Fixed Assets Total | 120.0M | 113.0M | 118.0M | 9.4M | 9.5M | 10.5M | 12.1M | 11.7M | 9.9M | 10.2M | 11.1M | 11.7M | 10.8M | 9.6M |
| Construction In Progress | -- | 4.8M | -- | 103.0M | 89.6M | 64.4M | 32.6M | 9.0M | 7.0M | 1.6M | -- | -- | -- | 379,000 |
| Construction In Progress Total | 8.5M | 4.8M | -- | 103.0M | 89.6M | 64.4M | 32.6M | 9.0M | 7.0M | 1.6M | -- | -- | -- | 379,000 |
| Intangible Assets | 15.5M | 16.3M | 17.3M | 17.9M | 18.3M | 18.8M | 19.4M | 20.1M | 20.1M | 20.4M | 20.7M | 2.5M | 2.4M | 2.5M |
| Long Term Deferred Expenses | 2.7M | 3.3M | -- | -- | -- | -- | -- | 20,300 | 68,000 | 115,800 | 163,500 | 211,200 | 35,400 | -- |
| Total Non Current Assets | 189.0M | 170.0M | 142.0M | 135.0M | 122.0M | 97.1M | 67.6M | 43.2M | 39.0M | 33.4M | 32.8M | 15.1M | 13.9M | 13.4M |
| Total Assets | 1.2B | 772.0M | 656.0M | 633.0M | 637.0M | 612.0M | 624.0M | 550.0M | 323.0M | 284.0M | 266.0M | 263.0M | 227.0M | 169.0M |
| Short Term Borrowings | 3.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | -- | 5.0M |
| Accounts Payable | 395.0M | 170.0M | 69.9M | 64.1M | 62.2M | 75.7M | 92.8M | 92.9M | 57.8M | 44.7M | 42.5M | 57.2M | 43.5M | 39.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 12.9M | 12.3M | 6.8M | 5.6M | 11.5M | 30.2M | 41.4M | 34.7M | 15.8M |
| Contract Liabilities | 31.9M | 12.0M | 16.1M | 8.2M | 34.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 602.0M | 227.0M | 129.0M | 119.0M | 142.0M | 128.0M | 167.0M | 125.0M | 92.4M | 85.0M | 105.0M | 132.0M | 112.0M | 74.5M |
| Total Non Current Liabilities | 17.6M | 15.5M | -- | 24,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 35,000 |
| Total Liabilities | 620.0M | 243.0M | 129.0M | 119.0M | 142.0M | 128.0M | 167.0M | 125.0M | 92.4M | 85.0M | 105.0M | 132.0M | 112.0M | 74.5M |
| Paid In Capital | 129.0M | 128.0M | 128.0M | 128.0M | 128.0M | 128.0M | 128.0M | 80.0M | 60.0M | 60.0M | 60.0M | 36.8M | 36.8M | 36.8M |
| Capital Reserve | 126.0M | 116.0M | 116.0M | 116.0M | 116.0M | 116.0M | 116.0M | 164.0M | 6.0M | 6.0M | 6.0M | 29.2M | 29.2M | 29.2M |
| Surplus Reserve | 33.6M | 32.3M | 32.0M | 31.1M | 29.5M | 27.8M | 25.6M | 22.1M | 18.8M | 15.0M | 11.3M | 7.9M | 5.2M | 3.2M |
| Retained Earnings | 269.0M | 257.0M | 251.0M | 239.0M | 221.0M | 212.0M | 188.0M | 159.0M | 145.0M | 118.0M | 83.3M | 57.1M | 43.3M | 25.4M |
| Minority Equity | 17.9M | -532,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 527.0M | 530.0M | 527.0M | 514.0M | 495.0M | 484.0M | 458.0M | 426.0M | 230.0M | 199.0M | 161.0M | 131.0M | 115.0M | 94.7M |
| Total Equity | 545.0M | 530.0M | 527.0M | 514.0M | 495.0M | 484.0M | 458.0M | 426.0M | 230.0M | 199.0M | 161.0M | 131.0M | 115.0M | 94.7M |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 545.0M | 276.0M | 228.0M | 222.0M | 248.0M | 290.0M | 241.0M | 165.0M | 192.0M | 177.0M | 224.0M | 153.0M | 188.0M | 117.0M |
| Tax Refunds Received | -- | -- | -- | -- | 192,300 | 2.8M | 245,100 | 18,300 | 108,300 | 164,100 | 17,300 | 82,900 | 34,000 | -- |
| Total Operating Cash Inflow | 552.0M | 284.0M | 237.0M | 232.0M | 264.0M | 301.0M | 250.0M | 170.0M | 198.0M | 189.0M | 236.0M | 156.0M | 193.0M | 121.0M |
| Cash Paid For Goods | 307.0M | 115.0M | 108.0M | 110.0M | 113.0M | 157.0M | 131.0M | 72.5M | 96.6M | 94.1M | 105.0M | 91.5M | 70.1M | 61.2M |
| Cash Paid To Employees | 61.5M | 52.5M | 43.1M | 42.4M | 35.4M | 41.5M | 39.2M | 38.6M | 40.8M | 37.8M | 35.7M | 31.3M | 27.0M | 16.9M |
| Taxes Paid | 18.7M | 24.3M | 7.4M | 11.1M | 11.3M | 18.9M | 13.8M | 21.8M | 22.0M | 29.1M | 12.7M | 29.1M | 21.8M | 23.5M |
| Total Operating Cash Outflow | 449.0M | 236.0M | 191.0M | 209.0M | 195.0M | 250.0M | 219.0M | 166.0M | 182.0M | 187.0M | 181.0M | 191.0M | 144.0M | 117.0M |
| Operating Cash Flow | 103.0M | 47.3M | 45.4M | 23.4M | 69.1M | 51.2M | 30.9M | 4.0M | 15.8M | 1.4M | 54.2M | -35.1M | 48.7M | 3.8M |
| Total Investing Cash Inflow | 907.0M | 763.0M | 572.0M | 652.0M | 595.0M | 520.0M | 565.0M | 1.7M | 1,670 | 0.00 | 1,200 | 12,700 | 269,300 | 1,100 |
| Total Investing Cash Outflow | 1.1B | 723.0M | 622.0M | 631.0M | 612.0M | 521.0M | 625.0M | 86.8M | 4.4M | 3.2M | 2.1M | 6.7M | 11.3M | 1.5M |
| Investing Cash Flow | -223.0M | 40.3M | -49.4M | 21.1M | -16.6M | -545,100 | -60.3M | -85.1M | -4.4M | -3.2M | -2.1M | -6.6M | -11.0M | -1.5M |
| Cash From Borrowings | 6.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | 22.0M | 10.0M |
| Dividends And Interest Paid | 4.7M | -- | -- | -- | 12.8M | 5.1M | 4.8M | 16.0M | 9.0M | 80,100 | 6.3M | 9.3M | 5.2M | 2.0M |
| Debt Repayments | 3.6M | -- | -- | 0.00 | -- | -- | -- | -- | -- | -- | 10.0M | -- | 27.0M | 10.0M |
| Total Financing Cash Inflow | 25.0M | 2.2M | 3.3M | 5.8M | 10.7M | 32.7M | 7.2M | 196.0M | 14.1M | 14.2M | 18.3M | 28.0M | 22.0M | 44.8M |
| Total Financing Cash Outflow | 30.1M | 4.8M | 1.4M | 5.0M | 19.2M | 23.0M | 30.3M | 42.6M | 19.9M | 14.4M | 34.9M | 16.3M | 50.2M | 12.0M |
| Financing Cash Flow | -5.1M | -2.6M | 2.0M | 747,400 | -8.5M | 9.6M | -23.1M | 153.0M | -5.8M | -240,600 | -16.7M | 11.7M | -28.2M | 32.8M |
| Net Change In Cash | -125.0M | 85.0M | -2.0M | 45.2M | 44.1M | 60.2M | -52.6M | 72.2M | 5.6M | -2.0M | 35.4M | -30.0M | 9.4M | 35.0M |
| Ending Cash Balance | 202.0M | 327.0M | 242.0M | 244.0M | 199.0M | 155.0M | 94.4M | 147.0M | 74.8M | 69.2M | 71.2M | 35.8M | 65.8M | 56.4M |
| Capex | 5.8M | 12.2M | 11.8M | 12.6M | 25.7M | 32.5M | 27.4M | 6.3M | 4.4M | 3.2M | 2.1M | 6.7M | 11.3M | 1.5M |