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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 473.0M | 420.0M | 358.0M | 438.0M | 304.0M | 71.2M | 200.0M | 250.0M | 260.0M | 110.0M | 99.6M | 97.8M |
| Revenue Growth % | 12.6% | 17.3% | -18.3% | 44.1% | 326.8% | -64.4% | -20.0% | -3.8% | 136.4% | 10.5% | 1.8% | -- |
| Total Revenue | 473.0M | 420.0M | 358.0M | 438.0M | 304.0M | 71.2M | 200.0M | 250.0M | 260.0M | 110.0M | 99.6M | 97.8M |
| Cost Of Revenue | 312.0M | 220.0M | 179.0M | 217.0M | 161.0M | 46.8M | 123.0M | 136.0M | 95.9M | 56.6M | 54.5M | 50.1M |
| Gross Profit | 161.0M | 200.0M | 179.0M | 221.0M | 143.0M | 24.4M | 77.0M | 114.0M | 164.1M | 53.4M | 45.1M | 47.7M |
| Gross Margin % | 34.0% | 47.6% | 50.0% | 50.5% | 47.0% | 34.3% | 38.5% | 45.6% | 63.1% | 48.5% | 45.3% | 48.8% |
| Total Operating Cost | 481.0M | 379.0M | 324.0M | 379.0M | 282.0M | 99.8M | 188.0M | 186.0M | 168.0M | 92.5M | 83.7M | 86.8M |
| Selling Expenses | 54.8M | 54.7M | 44.5M | 52.8M | 33.1M | 17.2M | 17.8M | 13.1M | 20.9M | 8.8M | 8.7M | 9.5M |
| Admin Expenses | 52.4M | 54.8M | 50.0M | 47.0M | 38.5M | 21.8M | 25.2M | 21.8M | 43.4M | 23.8M | 21.5M | 27.7M |
| Rd Expenses | 49.5M | 41.4M | 38.1M | 33.6M | 29.4M | 14.9M | 15.9M | 16.6M | -- | -- | -- | -- |
| Finance Expenses | -2.3M | -1.4M | -1.8M | -3.8M | -671,000 | -211,400 | -1.3M | -1.6M | -1.4M | -951,600 | -3.5M | -1.2M |
| Operating Income | 12.8M | 66.9M | 57.0M | 83.9M | 47.0M | 3.0M | 39.3M | 87.4M | 92.3M | 17.8M | 15.9M | 11.0M |
| Operating Margin % | 2.7% | 15.9% | 15.9% | 19.1% | 15.5% | 4.2% | 19.6% | 35.0% | 35.5% | 16.2% | 16.0% | 11.3% |
| Non Operating Income | 1.3M | 286,600 | 246,000 | 1.3M | 1.3M | 1.4M | 811,400 | 4.8M | 11.7M | 8.2M | 6.8M | 1.8M |
| Non Operating Expenses | 82,500 | 140,800 | 376,200 | 1.8M | 522,100 | 13,000 | 50,900 | 128,800 | 53,000 | 63,600 | 101,700 | 60,200 |
| Investment Income | 9.7M | 9.3M | 10.7M | 4.4M | 8.2M | 10.4M | 14.6M | 600,500 | -- | -- | -- | -- |
| Asset Disposal Income | 74,800 | 8,700 | 14,400 | 2,400 | -- | -4,700 | 55,000 | -264,400 | -- | -- | -- | -- |
| Asset Impairment Loss | -2.8M | 3.4M | 5.5M | 26.0M | 14.8M | -- | 5.5M | -2.9M | 4.8M | 3.5M | 1.9M | -131,000 |
| Other Income | 11.8M | 16.4M | 12.9M | 19.6M | 16.1M | 21.1M | 12.9M | 23.3M | -- | -- | -- | -- |
| Income Before Tax | 14.0M | 67.0M | 56.9M | 83.4M | 47.9M | 4.3M | 40.0M | 92.1M | 104.0M | 26.0M | 22.6M | 12.8M |
| Income Tax | 1.5M | 3.1M | 4.7M | 11.2M | 6.2M | 380,100 | 5.0M | 13.1M | 15.2M | 5.0M | 5.0M | 1.9M |
| Net Income | 12.5M | 64.0M | 52.2M | 72.2M | 41.7M | 4.0M | 35.0M | 79.0M | 88.7M | 21.0M | 17.6M | 10.9M |
| Net Margin % | 2.6% | 15.2% | 14.6% | 16.5% | 13.7% | 5.6% | 17.5% | 31.6% | 34.1% | 19.1% | 17.7% | 11.2% |
| Net Income Attributable | 13.3M | 40.1M | 55.4M | 73.5M | 43.3M | 4.0M | 34.3M | 79.0M | 80.4M | 22.5M | 18.0M | 10.9M |
| Minority Interest | -842,900 | 23.9M | -3.2M | -1.3M | -1.7M | -- | 648,000 | 17,200 | 8.4M | -1.6M | -433,600 | -- |
| Eps Basic | 0.08 | 0.26 | 0.37 | 0.49 | 0.29 | 0.03 | 0.23 | 0.67 | 1.07 | 0.30 | 0.24 | 0.15 |
| Eps Diluted | 0.08 | 0.26 | 0.37 | 0.49 | 0.29 | 0.03 | 0.23 | 0.67 | 1.07 | 0.30 | 0.24 | 0.15 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 275.0M | 226.0M | 219.0M | 251.0M | 445.0M | 217.0M | 62.6M | 252.0M | 123.0M | 71.7M | 101.0M | 75.6M |
| Accounts Receivable | 252.0M | 88.4M | 110.0M | 77.6M | 60.4M | 68.3M | 132.0M | 64.6M | 99.3M | 32.5M | 37.9M | 36.3M |
| Notes Receivable | -- | 285,000 | -- | -- | 50,000 | 1.5M | 13.0M | 7.9M | 3.3M | 11.7M | 553,000 | 5.7M |
| Notes And Accounts Receivable | 252.0M | 88.7M | 110.0M | 77.6M | 60.4M | 69.8M | 145.0M | 72.6M | 103.0M | 44.2M | 38.5M | 42.0M |
| Prepayments | 29.2M | 4.1M | 5.3M | 7.8M | 5.5M | 1.8M | 3.6M | 2.6M | 2.2M | 2.5M | 2.7M | 2.1M |
| Inventory | 212.0M | 192.0M | 171.0M | 202.0M | 180.0M | 107.0M | 99.3M | 82.0M | 75.2M | 96.1M | 101.0M | 59.1M |
| Total Current Assets | 905.0M | 887.0M | 731.0M | 728.0M | 703.0M | 497.0M | 570.0M | 640.0M | 306.0M | 217.0M | 246.0M | 179.0M |
| Long Term Equity Investment | 816,500 | 867,800 | 1.0M | 1.0M | 1.0M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 188.0M | 187.0M | 182.0M | 185.0M | 96.4M | 66.5M | 56.0M | 46.8M | 48.4M | 50.1M | 50.4M |
| Fixed Assets Total | 168.0M | 188.0M | 187.0M | 182.0M | 185.0M | 96.4M | 66.5M | 56.0M | 46.8M | 48.4M | 50.1M | 50.4M |
| Construction In Progress | -- | 9.6M | 4.6M | 5.6M | -- | 20.9M | 25.5M | 2.2M | 7.2M | 150,400 | -- | 86,400 |
| Construction In Progress Total | 3.2M | 9.6M | 4.6M | 5.6M | -- | 20.9M | 25.5M | 2.2M | 7.2M | 150,400 | -- | 86,400 |
| Intangible Assets | 81.8M | 54.2M | 55.7M | 56.8M | 58.9M | 54.0M | 55.6M | 57.4M | 56.4M | 57.8M | 3.8M | 3.8M |
| Long Term Deferred Expenses | 2.9M | 2.4M | 3.3M | 4.4M | 885,700 | -- | -- | -- | 84,600 | 253,900 | 423,100 | -- |
| Total Non Current Assets | 305.0M | 264.0M | 265.0M | 262.0M | 252.0M | 173.0M | 150.0M | 117.0M | 113.0M | 108.0M | 81.4M | 75.0M |
| Total Assets | 1.2B | 1.2B | 996.0M | 990.0M | 954.0M | 670.0M | 720.0M | 757.0M | 419.0M | 325.0M | 327.0M | 254.0M |
| Short Term Borrowings | 10.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 119.0M | 106.0M | 72.2M | 80.3M | 73.4M | 43.4M | 44.3M | 59.3M | 27.4M | 27.7M | 45.0M | 20.5M |
| Advance Receipts | 690,700 | -- | -- | -- | -- | 4.2M | 5.5M | 4.0M | 17.5M | 27.8M | 38.8M | 5.8M |
| Contract Liabilities | 70.1M | 54.4M | 38.0M | 32.6M | 33.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 336.0M | 319.0M | 208.0M | 232.0M | 271.0M | 53.3M | 86.4M | 113.0M | 90.2M | 81.1M | 107.0M | 38.5M |
| Total Non Current Liabilities | 15.7M | 11.9M | 17.2M | 21.0M | 18.0M | 11.1M | 17.6M | 13.2M | 21.7M | 11.0M | 10.6M | 7.6M |
| Total Liabilities | 352.0M | 331.0M | 226.0M | 253.0M | 289.0M | 64.4M | 104.0M | 126.0M | 112.0M | 92.1M | 117.0M | 46.1M |
| Paid In Capital | 156.0M | 156.0M | 152.0M | 152.0M | 152.0M | 150.0M | 150.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 325.0M | 305.0M | 269.0M | 266.0M | 257.0M | 242.0M | 242.0M | 294.0M | 46.8M | 46.8M | 44.7M | 44.7M |
| Surplus Reserve | 51.0M | 48.9M | 46.5M | 43.6M | 37.5M | 34.8M | 34.7M | 30.2M | 22.1M | 15.0M | 12.1M | 9.1M |
| Retained Earnings | 279.0M | 299.0M | 284.0M | 262.0M | 210.0M | 169.0M | 180.0M | 181.0M | 140.0M | 81.3M | 69.2M | 76.6M |
| Minority Equity | 51.7M | 31.7M | 7.1M | 10.0M | 11.0M | -- | -- | 17.5M | 17.5M | 9.1M | 4.6M | -- |
| Equity Attributable | 806.0M | 788.0M | 764.0M | 727.0M | 654.0M | 606.0M | 616.0M | 613.0M | 290.0M | 223.0M | 205.0M | 208.0M |
| Total Equity | 858.0M | 820.0M | 771.0M | 737.0M | 665.0M | 606.0M | 616.0M | 631.0M | 307.0M | 233.0M | 210.0M | 208.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 309.0M | 519.0M | 362.0M | 435.0M | 369.0M | 139.0M | 162.0M | 298.0M | 230.0M | 107.0M | 154.0M | 114.0M |
| Tax Refunds Received | 7.1M | 3.5M | 7.8M | 21.2M | 6.0M | 8.4M | 1.7M | 16.2M | 10.4M | 1.6M | 172,400 | 1.2M |
| Total Operating Cash Inflow | 330.0M | 535.0M | 387.0M | 534.0M | 390.0M | 187.0M | 195.0M | 323.0M | 249.0M | 118.0M | 168.0M | 171.0M |
| Cash Paid For Goods | 316.0M | 204.0M | 179.0M | 323.0M | 109.0M | 67.1M | 188.0M | 73.5M | 76.5M | 71.3M | 68.4M | 89.7M |
| Cash Paid To Employees | 101.0M | 87.1M | 85.5M | 74.4M | 46.5M | 38.0M | 41.2M | 32.3M | 25.2M | 22.1M | 17.8M | 15.3M |
| Taxes Paid | 10.4M | 58.8M | 31.1M | 34.7M | 25.8M | 5.0M | 16.9M | 57.1M | 37.1M | 12.1M | 12.9M | 34.9M |
| Total Operating Cash Outflow | 466.0M | 405.0M | 334.0M | 478.0M | 297.0M | 130.0M | 270.0M | 230.0M | 175.0M | 117.0M | 129.0M | 157.0M |
| Operating Cash Flow | -136.0M | 130.0M | 53.2M | 56.6M | 93.6M | 57.3M | -75.2M | 93.2M | 74.5M | 542,900 | 39.1M | 14.1M |
| Total Investing Cash Inflow | 1.6B | 1.2B | 1.6B | 1.2B | 769.0M | 719.0M | 825.0M | 55.9M | 2.0M | 8.2M | 20.6M | 1.4M |
| Total Investing Cash Outflow | 1.4B | 1.3B | 1.7B | 1.4B | 745.0M | 578.0M | 877.0M | 294.0M | 9.4M | 30.1M | 29.2M | 2.6M |
| Investing Cash Flow | 194.0M | -132.0M | -48.4M | -179.0M | 24.0M | 141.0M | -51.7M | -238.0M | -7.4M | -21.9M | -8.6M | -1.1M |
| Cash From Borrowings | 10.0M | -- | -- | -- | 11.5M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 32.0M | 23.0M | 30.4M | 15.1M | 232,400 | 15.0M | 33.4M | 30.0M | 15.0M | 7.5M | 22.5M | 6.0M |
| Debt Repayments | 10.4M | -- | -- | -- | 11.5M | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 10.0M | 37.6M | 8.3M | 2.1M | 36.5M | -- | -- | 294.0M | -- | -- | 5.0M | -- |
| Total Financing Cash Outflow | 43.1M | 23.1M | 37.1M | 15.1M | 11.7M | 16.6M | 51.0M | 51.4M | 15.0M | 7.5M | 22.5M | 6.0M |
| Financing Cash Flow | -33.1M | 14.6M | -28.8M | -13.0M | 24.8M | -16.6M | -51.0M | 243.0M | -15.0M | -7.5M | -17.5M | -6.0M |
| Net Change In Cash | 25.5M | 12.8M | -24.0M | -135.0M | 142.0M | 182.0M | -178.0M | 97.7M | 52.1M | -28.8M | 13.1M | 7.0M |
| Ending Cash Balance | 232.0M | 206.0M | 193.0M | 217.0M | 352.0M | 210.0M | 28.2M | 206.0M | 108.0M | 56.2M | 85.1M | 72.0M |
| Capex | 32.1M | 12.3M | 17.5M | 19.3M | 79.2M | 29.6M | 40.1M | 10.1M | 9.4M | 30.1M | 29.2M | 2.6M |