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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 437.0M | 315.0M | 329.0M | 365.0M | 251.0M | 388.0M | 398.0M | 437.0M | 405.0M | 419.0M | 376.0M | 329.0M | 266.0M |
| Revenue Growth % | 38.7% | -4.3% | -9.9% | 45.4% | -35.3% | -2.5% | -8.9% | 7.9% | -3.3% | 11.4% | 14.3% | 23.7% | -- |
| Total Revenue | 437.0M | 315.0M | 329.0M | 365.0M | 251.0M | 388.0M | 398.0M | 437.0M | 405.0M | 419.0M | 376.0M | 329.0M | 266.0M |
| Cost Of Revenue | 275.0M | 268.0M | 288.0M | 307.0M | 214.0M | 307.0M | 306.0M | 320.0M | 304.0M | 317.0M | 281.0M | 239.0M | 191.0M |
| Gross Profit | 162.0M | 47.0M | 41.0M | 58.0M | 37.0M | 81.0M | 92.0M | 117.0M | 101.0M | 102.0M | 95.0M | 90.0M | 75.0M |
| Gross Margin % | 37.1% | 14.9% | 12.5% | 15.9% | 14.7% | 20.9% | 23.1% | 26.8% | 24.9% | 24.3% | 25.3% | 27.4% | 28.2% |
| Total Operating Cost | 434.0M | 362.0M | 362.0M | 387.0M | 292.0M | 386.0M | 366.0M | 395.0M | 360.0M | 372.0M | 339.0M | 291.0M | 229.0M |
| Selling Expenses | 101.0M | 38.0M | 16.0M | 16.4M | 26.9M | 24.2M | 28.5M | 32.9M | 25.7M | 22.8M | 18.7M | 14.3M | 10.9M |
| Admin Expenses | 32.4M | 32.6M | 29.1M | 26.6M | 27.9M | 24.2M | 23.1M | 16.6M | 31.9M | 33.1M | 32.6M | 25.6M | 18.5M |
| Rd Expenses | 11.8M | 12.4M | 12.3M | 10.5M | 11.3M | 12.2M | 11.1M | 14.2M | -- | -- | -- | -- | -- |
| Finance Expenses | 7.8M | 6.3M | 3.3M | 6.8M | 10.2M | 446,600 | -7.6M | 6.6M | -4.8M | -4.1M | 4.1M | 7.9M | 5.8M |
| Operating Income | 11.8M | -64.5M | -40.1M | -11.0M | -31.4M | 9.3M | 37.7M | 47.7M | 45.7M | 46.8M | 37.4M | 37.7M | 37.1M |
| Operating Margin % | 2.7% | -20.5% | -12.2% | -3.0% | -12.5% | 2.4% | 9.5% | 10.9% | 11.3% | 11.2% | 9.9% | 11.5% | 14.0% |
| Non Operating Income | -- | 730,700 | 1.1M | 11.1M | 291,200 | 530,100 | 1.1M | 2.9M | 1.4M | 3.9M | 637,300 | 579,900 | 541,500 |
| Non Operating Expenses | 165,000 | 256,000 | 109,300 | 1,000 | 9.1M | 258,100 | 1.0M | 120,400 | 16,000 | 52,000 | 67,000 | 434,000 | 518,500 |
| Investment Income | -42.0M | -18.0M | 449,000 | 2.6M | 4.9M | 2.7M | 4.6M | 4.6M | -- | -- | -- | -- | -- |
| Fair Value Change Income | 50.4M | -- | -6.7M | 4.9M | 1.3M | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 137,900 | -743,100 | -1.4M | 1.0M | 28,900 | 6,900 | 18,400 | 4,700 | 16,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 1.4M | 2.8M | 10.4M | 15.9M | 4.0M | 10.3M | 1.8M | 667,600 | -447,200 | -102,400 | -112,800 | 2.4M | 334,700 |
| Other Income | 401,400 | 780,100 | 761,500 | 2.5M | 3.0M | 2.4M | 986,700 | 1.1M | -- | -- | -- | -- | -- |
| Income Before Tax | 11.7M | -64.0M | -39.1M | 80,900 | -40.2M | 9.5M | 37.8M | 50.5M | 47.1M | 50.6M | 37.9M | 37.9M | 37.2M |
| Income Tax | 2.4M | 272,400 | 1.5M | 1.1M | 824,700 | 1.2M | 5.9M | 7.1M | 7.0M | 7.8M | 5.1M | 5.5M | 5.4M |
| Net Income | 9.3M | -64.2M | -40.5M | -972,600 | -41.0M | 8.3M | 32.0M | 43.4M | 40.1M | 42.8M | 32.9M | 32.4M | 31.8M |
| Net Margin % | 2.1% | -20.4% | -12.3% | -0.3% | -16.3% | 2.1% | 8.0% | 9.9% | 9.9% | 10.2% | 8.7% | 9.8% | 12.0% |
| Net Income Attributable | 9.5M | -64.1M | -40.5M | -972,600 | -41.0M | 8.3M | 32.0M | 43.4M | 40.1M | 42.8M | 32.9M | 32.4M | 31.8M |
| Minority Interest | -249,700 | -162,600 | -74,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.08 | -0.54 | -0.34 | -0.01 | -0.34 | 0.07 | 0.40 | 0.59 | 0.67 | 0.71 | 0.55 | -- | -- |
| Eps Diluted | 0.08 | -0.54 | -0.34 | -0.01 | -0.34 | 0.07 | 0.40 | 0.59 | 0.67 | 0.71 | 0.55 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 99.3M | 69.5M | 135.0M | 176.0M | 194.0M | 177.0M | 184.0M | 154.0M | 78.5M | 69.9M | 81.9M | 56.4M | 38.1M |
| Trading Financial Assets | -- | -- | -- | 6.4M | 1.3M | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 144.0M | 111.0M | 103.0M | 99.5M | 57.5M | 111.0M | 108.0M | 87.9M | 77.7M | 85.1M | 79.7M | 87.6M | 45.1M |
| Notes And Accounts Receivable | 144.0M | 111.0M | 103.0M | 99.5M | 57.5M | 111.0M | 108.0M | 87.9M | 77.7M | 85.1M | 79.7M | 87.6M | 45.1M |
| Prepayments | 13.4M | 10.7M | 16.3M | 24.3M | 28.2M | 20.4M | 19.0M | 26.0M | 13.9M | 1.4M | 7.5M | 305,700 | 2.2M |
| Inventory | 97.6M | 92.0M | 103.0M | 105.0M | 111.0M | 51.9M | 55.6M | 42.5M | 39.9M | 41.3M | 38.2M | 73.4M | 28.2M |
| Total Current Assets | 369.0M | 293.0M | 372.0M | 437.0M | 418.0M | 379.0M | 380.0M | 376.0M | 219.0M | 206.0M | 212.0M | 227.0M | 121.0M |
| Long Term Equity Investment | 35.3M | 81.5M | 111.0M | 23.1M | 37.4M | 35.7M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 168.0M | 163.0M | 163.0M | 171.0M | 184.0M | 177.0M | 86.0M | 82.8M | 59.9M | 47.0M | 42.3M | 39.4M |
| Fixed Assets Total | 194.0M | 168.0M | 163.0M | 163.0M | 171.0M | 184.0M | 177.0M | 86.0M | 82.8M | 59.9M | 47.0M | 42.3M | 39.4M |
| Construction In Progress | -- | 32.1M | 6.4M | -- | -- | -- | -- | -- | -- | 8.4M | 8.1M | 1.0M | 50,000 |
| Construction In Progress Total | 29.0M | 33.1M | 6.4M | -- | -- | -- | -- | -- | -- | 8.4M | 8.1M | 1.0M | 50,000 |
| Intangible Assets | 41.0M | 42.1M | 43.2M | 44.3M | 45.5M | 46.5M | 47.6M | 33.6M | 34.5M | 35.4M | 7.7M | 7.7M | 8.0M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | -- | -- | 2.8M | 3.6M | -- | 60,500 |
| Total Non Current Assets | 351.0M | 337.0M | 332.0M | 233.0M | 258.0M | 270.0M | 228.0M | 212.0M | 119.0M | 111.0M | 68.0M | 52.6M | 47.8M |
| Total Assets | 720.0M | 630.0M | 704.0M | 670.0M | 676.0M | 649.0M | 608.0M | 588.0M | 338.0M | 317.0M | 280.0M | 280.0M | 169.0M |
| Short Term Borrowings | 133.0M | 114.0M | 100.0M | 100.0M | 106.0M | 49.3M | -- | -- | 5.0M | 40.0M | 51.9M | 68.1M | 73.4M |
| Accounts Payable | 31.3M | 31.9M | 20.1M | 23.6M | 25.2M | 17.0M | 21.2M | 27.0M | 22.8M | 14.3M | 8.1M | 18.5M | 1.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.3M | 5.4M | 7.0M | 6.6M | 3.4M | 3.0M | 1.2M | 10.7M |
| Contract Liabilities | 3.6M | 73,700 | 2.2M | 8.4M | 3.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 220.0M | 183.0M | 194.0M | 156.0M | 141.0M | 76.9M | 36.3M | 42.5M | 42.4M | 62.0M | 67.8M | 100.0M | 89.3M |
| Long Term Borrowings | 26.7M | 38.5M | 37.5M | -- | 593,400 | 1.5M | 2.3M | 2.9M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 37.1M | 38.6M | 37.8M | 937,600 | 8.0M | 2.2M | 2.8M | 3.7M | -- | -- | -- | -- | 16,500 |
| Total Liabilities | 257.0M | 222.0M | 232.0M | 157.0M | 149.0M | 79.1M | 39.2M | 46.2M | 42.4M | 62.0M | 67.8M | 100.0M | 89.3M |
| Paid In Capital | 120.0M | 120.0M | 120.0M | 120.0M | 120.0M | 80.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 25.1M |
| Capital Reserve | 300.0M | 267.0M | 268.0M | 268.0M | 268.0M | 308.0M | 308.0M | 308.0M | 125.0M | 125.0M | 125.0M | 35.0M | 2.5M |
| Surplus Reserve | 23.9M | 22.8M | 22.8M | 22.8M | 21.1M | 21.1M | 20.5M | 17.1M | 12.5M | 8.0M | 3.3M | 8.6M | 5.3M |
| Retained Earnings | 18.9M | 10.4M | 74.5M | 115.0M | 118.0M | 160.0M | 161.0M | 137.0M | 98.0M | 62.4M | 24.4M | 75.9M | 46.8M |
| Minority Equity | 194,600 | -- | 25,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 462.0M | 409.0M | 473.0M | 513.0M | 527.0M | 570.0M | 569.0M | 542.0M | 295.0M | 255.0M | 212.0M | 179.0M | 79.6M |
| Total Equity | 463.0M | 409.0M | 473.0M | 513.0M | 527.0M | 570.0M | 569.0M | 542.0M | 295.0M | 255.0M | 212.0M | 179.0M | 79.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 413.0M | 312.0M | 323.0M | 328.0M | 308.0M | 387.0M | 387.0M | 419.0M | 428.0M | 427.0M | 393.0M | 275.0M | 274.0M |
| Tax Refunds Received | 28.9M | 35.2M | 44.3M | 26.9M | 11.8M | 19.8M | 29.6M | 38.4M | 31.1M | 31.4M | 32.4M | 31.0M | 16.6M |
| Total Operating Cash Inflow | 443.0M | 353.0M | 370.0M | 359.0M | 325.0M | 411.0M | 422.0M | 463.0M | 462.0M | 464.0M | 428.0M | 308.0M | 291.0M |
| Cash Paid For Goods | 274.0M | 242.0M | 292.0M | 294.0M | 267.0M | 306.0M | 322.0M | 343.0M | 324.0M | 329.0M | 284.0M | 286.0M | 198.0M |
| Cash Paid To Employees | 51.3M | 41.4M | 40.7M | 42.7M | 41.0M | 44.6M | 45.8M | 49.9M | 49.3M | 53.2M | 48.6M | 35.8M | 33.1M |
| Taxes Paid | 5.3M | 1.6M | 3.1M | 3.0M | 3.3M | 9.0M | 10.6M | 10.8M | 8.3M | 12.7M | 8.5M | 10.4M | 10.4M |
| Total Operating Cash Outflow | 442.0M | 331.0M | 358.0M | 364.0M | 347.0M | 387.0M | 408.0M | 427.0M | 398.0M | 408.0M | 351.0M | 341.0M | 279.0M |
| Operating Cash Flow | 1.1M | 21.8M | 12.2M | -4.9M | -22.3M | 23.6M | 13.7M | 36.3M | 64.4M | 56.1M | 77.6M | -33.5M | 12.8M |
| Total Investing Cash Inflow | 6.9M | 13.0M | 255.0M | 126.0M | 308.0M | 554.0M | 894.0M | 714.0M | 742,300 | 122,100 | -- | 6,620 | 30,000 |
| Total Investing Cash Outflow | 44.2M | 129.0M | 326.0M | 127.0M | 326.0M | 623.0M | 871.0M | 877.0M | 19.9M | 53.1M | 22.2M | 7.5M | 8.7M |
| Investing Cash Flow | -37.3M | -116.0M | -71.5M | -1.4M | -17.9M | -69.2M | 23.4M | -163.0M | -19.2M | -53.0M | -22.2M | -7.5M | -8.6M |
| Cash From Borrowings | 164.0M | 147.0M | 222.0M | 148.0M | 186.0M | 97.5M | 18.5M | 9.1M | 68.8M | 147.0M | 139.0M | 131.0M | 115.0M |
| Dividends And Interest Paid | 8.8M | 7.9M | 6.5M | 6.1M | 5.9M | 10.6M | 5.1M | 131,800 | 2.5M | 4.8M | 4.8M | 3.9M | 3.4M |
| Debt Repayments | 136.0M | 120.0M | 198.0M | 138.0M | 130.0M | 49.4M | 19.3M | 10.2M | 104.0M | 159.0M | 163.0M | 128.0M | 88.0M |
| Total Financing Cash Inflow | 209.0M | 159.0M | 252.0M | 148.0M | 186.0M | 97.5M | 18.5M | 211.0M | 68.8M | 147.0M | 139.0M | 195.0M | 125.0M |
| Total Financing Cash Outflow | 144.0M | 128.0M | 235.0M | 157.0M | 136.0M | 60.0M | 24.5M | 10.4M | 107.0M | 165.0M | 169.0M | 134.0M | 92.4M |
| Financing Cash Flow | 64.5M | 31.0M | 16.3M | -8.8M | 49.7M | 37.5M | -6.0M | 201.0M | -37.8M | -18.2M | -29.7M | 61.5M | 32.7M |
| Net Change In Cash | 29.8M | -61.6M | -40.6M | -14.0M | 8.5M | -6.7M | 32.6M | 72.9M | 8.5M | -11.9M | 25.5M | 18.3M | 35.7M |
| Ending Cash Balance | 99.3M | 69.5M | 131.0M | 172.0M | 186.0M | 177.0M | 184.0M | 151.0M | 78.5M | 69.9M | 81.9M | 56.4M | 38.1M |
| Capex | 44.2M | 68.6M | 38.0M | 15.5M | 13.1M | 26.4M | 38.6M | 111.0M | 19.9M | 53.1M | 22.2M | 7.5M | 8.7M |