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 | 1.4B | 1.6B | 945.0M | 744.0M | 681.0M | 517.0M | 546.0M | 642.0M | 596.0M | 588.0M | 559.0M | 426.0M |
| Revenue Growth % | -15.8% | 73.3% | 27.0% | 9.3% | 31.7% | -5.3% | -15.0% | 7.7% | 1.4% | 5.2% | 31.2% | -- |
| Total Revenue | 1.4B | 1.6B | 945.0M | 744.0M | 681.0M | 517.0M | 546.0M | 642.0M | 596.0M | 588.0M | 559.0M | 426.0M |
| Cost Of Revenue | 656.0M | 651.0M | 449.0M | 369.0M | 392.0M | 318.0M | 339.0M | 400.0M | 376.0M | 372.0M | 347.0M | 238.0M |
| Gross Profit | 724.0M | 987.0M | 496.0M | 375.0M | 289.0M | 199.0M | 207.0M | 242.0M | 220.0M | 216.0M | 212.0M | 188.0M |
| Gross Margin % | 52.5% | 60.3% | 52.5% | 50.4% | 42.4% | 38.5% | 37.9% | 37.7% | 36.9% | 36.7% | 37.9% | 44.1% |
| Total Operating Cost | 1.4B | 1.6B | 962.0M | 644.0M | 587.0M | 500.0M | 524.0M | 591.0M | 544.0M | 537.0M | 527.0M | 403.0M |
| Selling Expenses | 444.0M | 665.0M | 321.0M | 83.3M | 74.7M | 111.0M | 118.0M | 126.0M | 110.0M | 100.0M | 121.0M | 117.0M |
| Admin Expenses | 106.0M | 110.0M | 82.4M | 71.2M | 51.9M | 44.0M | 41.1M | 39.2M | 53.1M | 57.2M | 48.7M | 43.2M |
| Rd Expenses | 69.4M | 111.0M | 110.0M | 98.5M | 46.3M | 15.5M | 15.0M | 17.7M | -- | -- | -- | -- |
| Finance Expenses | -162,900 | 1.1M | -4.8M | -328,800 | 436,600 | -1.0M | -1.3M | -476,600 | -559,000 | 466,200 | 1.7M | 2.0M |
| Operating Income | 31.3M | 57.9M | -5.5M | 127.0M | 105.0M | 27.0M | 31.8M | 55.7M | 54.1M | 51.2M | 32.2M | 23.4M |
| Operating Margin % | 2.3% | 3.5% | -0.6% | 17.1% | 15.4% | 5.2% | 5.8% | 8.7% | 9.1% | 8.7% | 5.8% | 5.5% |
| Non Operating Income | 866,700 | 301,900 | 20.9M | 1.1M | 711,400 | 153,300 | 3.8M | 238,200 | 2.1M | 651,700 | 11.0M | 638,700 |
| Non Operating Expenses | 4.7M | 1.6M | 162,900 | 293,900 | 1.1M | 913,900 | 1.5M | 43,700 | 637,400 | 896,600 | 6.8M | 169,800 |
| Investment Income | 147,000 | 82,900 | 748,200 | 22.1M | 7.5M | 8.8M | 7.9M | 3.5M | 2.0M | 630,500 | 398,200 | 358,900 |
| Fair Value Change Income | 376,700 | -- | -2,700 | 3,400 | 554,500 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4.4M | 2.1M | 100,100 | -9,300 | -- | -- | 8,200 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 24.4M | 31.2M | 5.5M | 7.2M | 14.3M | 9.1M | 7.3M | 2.2M | -1.1M | 2.8M | 4.6M | -286,800 |
| Other Income | 406,200 | 5.5M | 10.0M | 4.3M | 3.3M | 338,300 | 1.5M | 1.1M | -- | -- | -- | -- |
| Income Before Tax | 27.5M | 56.6M | 15.2M | 128.0M | 105.0M | 26.2M | 34.1M | 55.9M | 55.6M | 51.0M | 36.4M | 23.9M |
| Income Tax | -19.2M | -13.7M | -10.1M | -6.0M | 2.5M | 3.1M | 4.4M | 7.4M | 8.2M | 7.5M | 4.7M | 3.0M |
| Net Income | 46.7M | 70.4M | 25.4M | 133.0M | 102.0M | 23.1M | 29.7M | 48.5M | 47.4M | 43.5M | 31.8M | 20.9M |
| Net Margin % | 3.4% | 4.3% | 2.7% | 17.9% | 15.0% | 4.5% | 5.4% | 7.6% | 8.0% | 7.4% | 5.7% | 4.9% |
| Net Income Attributable | 46.7M | 70.4M | 25.4M | 133.0M | 102.0M | 23.1M | 29.7M | 48.5M | 47.4M | 43.5M | 31.8M | 20.9M |
| Minority Interest | -2,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.18 | 0.26 | 0.11 | 0.78 | 0.84 | 0.19 | 0.24 | 0.79 | 0.78 | 0.76 | -- | -- |
| Eps Diluted | 0.18 | 0.26 | 0.11 | 0.78 | 0.84 | 0.19 | 0.24 | 0.79 | 0.78 | 0.76 | -- | -- |
| 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 | 173.0M | 169.0M | 136.0M | 251.0M | 199.0M | 321.0M | 131.0M | 424.0M | 251.0M | 167.0M | 90.1M | 69.2M |
| Trading Financial Assets | 58.1M | -- | -- | 12.0M | 115.0M | 103.0M | 32.1M | -- | 5.00 | -- | -- | -- |
| Accounts Receivable | 242.0M | 335.0M | 161.0M | 210.0M | 188.0M | 19.1M | 26.3M | 22.7M | 11.4M | 31.8M | 27.6M | 21.9M |
| Notes Receivable | -- | -- | -- | 1.9M | 4.3M | 4.9M | 10.7M | 2.1M | -- | -- | 12.1M | -- |
| Notes And Accounts Receivable | 242.0M | 335.0M | 161.0M | 212.0M | 192.0M | 24.0M | 37.0M | 24.8M | 11.4M | 31.8M | 39.7M | 21.9M |
| Prepayments | 125.0M | 129.0M | 126.0M | 50.3M | 11.9M | 2.8M | 2.2M | 2.9M | 4.9M | 4.9M | 8.5M | 9.0M |
| Inventory | 79.5M | 208.0M | 191.0M | 133.0M | 137.0M | 161.0M | 175.0M | 156.0M | 171.0M | 188.0M | 161.0M | 136.0M |
| Total Current Assets | 691.0M | 858.0M | 639.0M | 672.0M | 664.0M | 613.0M | 620.0M | 610.0M | 439.0M | 392.0M | 302.0M | 240.0M |
| Fixed Assets | -- | 47.5M | 50.9M | 51.1M | 54.2M | 50.5M | 48.7M | 48.9M | 53.3M | 48.7M | 59.8M | 65.7M |
| Fixed Assets Total | 41.5M | 47.5M | 50.9M | 51.1M | 54.2M | 50.5M | 48.7M | 48.9M | 53.3M | 48.7M | 59.8M | 65.7M |
| Construction In Progress | -- | -- | 8.6M | 7.5M | 2.2M | 8.3M | 8.1M | 5.5M | 388,700 | 7.6M | 2.9M | -- |
| Construction In Progress Total | -- | -- | 8.6M | 7.5M | 2.2M | 8.3M | 8.1M | 5.5M | 388,700 | 7.6M | 2.9M | -- |
| Intangible Assets | 151.0M | 150.0M | 274.0M | 8.0M | 14.9M | 5.5M | 5.7M | 5.5M | 5.4M | 5.2M | 5.4M | 6.4M |
| Long Term Deferred Expenses | 11.4M | 12.4M | 16.6M | 3.7M | 8.9M | 4.8M | 838,600 | 2.5M | 4.2M | 3.8M | 7.2M | 2.5M |
| Total Non Current Assets | 412.0M | 416.0M | 604.0M | 299.0M | 215.0M | 86.5M | 78.5M | 75.2M | 78.1M | 80.8M | 81.1M | 78.8M |
| Total Assets | 1.1B | 1.3B | 1.2B | 970.0M | 879.0M | 700.0M | 699.0M | 685.0M | 517.0M | 473.0M | 383.0M | 319.0M |
| Short Term Borrowings | -- | -- | -- | -- | 39.0M | -- | -- | -- | -- | -- | 30.0M | 30.0M |
| Accounts Payable | 127.0M | 195.0M | 183.0M | 77.2M | 70.2M | 61.6M | 90.0M | 67.0M | 102.0M | 84.1M | 48.4M | 53.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 31.4M | 18.1M | 25.5M | 66.7M | 96.2M | 67.7M | 51.4M |
| Contract Liabilities | 27.6M | 116.0M | 96.9M | 44.0M | 47.4M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 266.0M | 437.0M | 443.0M | 193.0M | 221.0M | 134.0M | 148.0M | 146.0M | 229.0M | 243.0M | 202.0M | 169.0M |
| Total Non Current Liabilities | 14.1M | 27.4M | 60.7M | 19.3M | 2.8M | -- | 100,000 | 700,000 | 600,000 | -- | -- | 1.0M |
| Total Liabilities | 280.0M | 464.0M | 504.0M | 213.0M | 224.0M | 134.0M | 148.0M | 147.0M | 230.0M | 243.0M | 202.0M | 170.0M |
| Paid In Capital | 267.0M | 222.0M | 171.0M | 122.0M | 122.0M | 122.0M | 81.4M | 81.4M | 61.1M | 61.1M | 57.4M | 57.4M |
| Capital Reserve | 179.0M | 223.0M | 274.0M | 323.0M | 323.0M | 323.0M | 364.0M | 364.0M | 167.0M | 157.0M | 27.8M | 27.8M |
| Surplus Reserve | 30.9M | 30.9M | 27.1M | 26.1M | 19.3M | 18.0M | 14.3M | 10.2M | 5.8M | 1.9M | 10.8M | 6.8M |
| Retained Earnings | 354.0M | 341.0M | 274.0M | 286.0M | 191.0M | 102.0M | 91.2M | 82.0M | 53.1M | 9.6M | 84.5M | 56.7M |
| Minority Equity | -2,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 823.0M | 810.0M | 740.0M | 758.0M | 655.0M | 565.0M | 551.0M | 538.0M | 287.0M | 230.0M | 180.0M | 149.0M |
| Total Equity | 823.0M | 810.0M | 740.0M | 758.0M | 655.0M | 565.0M | 551.0M | 538.0M | 287.0M | 230.0M | 180.0M | 149.0M |
| 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 | 1.2B | 1.5B | 1.0B | 785.0M | 777.0M | 620.0M | 602.0M | 682.0M | 687.0M | 727.0M | 665.0M | 527.0M |
| Tax Refunds Received | 41,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.2B | 1.5B | 1.1B | 800.0M | 795.0M | 622.0M | 608.0M | 685.0M | 693.0M | 729.0M | 670.0M | 531.0M |
| Cash Paid For Goods | 720.0M | 944.0M | 604.0M | 415.0M | 394.0M | 350.0M | 362.0M | 452.0M | 357.0M | 399.0M | 415.0M | 283.0M |
| Cash Paid To Employees | 221.0M | 304.0M | 213.0M | 184.0M | 125.0M | 98.7M | 102.0M | 97.9M | 87.4M | 78.9M | 71.1M | 46.9M |
| Taxes Paid | 45.0M | 39.6M | 45.8M | 50.0M | 44.4M | 37.0M | 40.0M | 50.2M | 60.3M | 50.6M | 38.8M | 45.0M |
| Total Operating Cash Outflow | 1.1B | 1.5B | 1.0B | 720.0M | 624.0M | 582.0M | 605.0M | 712.0M | 608.0M | 615.0M | 645.0M | 465.0M |
| Operating Cash Flow | 165.0M | 69.3M | 73.3M | 79.9M | 171.0M | 39.8M | 3.2M | -26.7M | 84.8M | 114.0M | 24.6M | 65.5M |
| Total Investing Cash Inflow | 187.0M | 74.1M | 234.0M | 449.0M | 617.0M | 686.0M | 385.0M | 554.0M | 642.0M | 51.2M | 43.2M | 67.8M |
| Total Investing Cash Outflow | 293.0M | 86.2M | 363.0M | 399.0M | 887.0M | 527.0M | 663.0M | 560.0M | 653.0M | 63.6M | 45.0M | 89.5M |
| Investing Cash Flow | -106.0M | -12.1M | -129.0M | 49.6M | -270.0M | 159.0M | -278.0M | -6.1M | -11.1M | -12.4M | -1.7M | -21.7M |
| Cash From Borrowings | -- | -- | -- | -- | 100.0M | -- | -- | -- | -- | -- | 30.0M | 30.0M |
| Dividends And Interest Paid | 33.3M | -- | 36.6M | 32.3M | 15.4M | 8.1M | 16.3M | 15.3M | -- | 877,500 | 2.0M | 1.9M |
| Debt Repayments | -- | -- | -- | 39.0M | 61.0M | -- | -- | -- | -- | 30.0M | 30.0M | 31.8M |
| Total Financing Cash Inflow | -- | -- | -- | -- | 100.0M | -- | -- | 230.0M | 10.0M | 6.0M | 30.0M | 30.0M |
| Total Financing Cash Outflow | 57.5M | 26.9M | 60.8M | 77.3M | 124.0M | 8.2M | 18.0M | 23.6M | -- | 30.9M | 32.0M | 33.6M |
| Financing Cash Flow | -57.5M | -26.9M | -60.8M | -77.3M | -23.6M | -8.2M | -18.0M | 206.0M | 10.0M | -24.9M | -2.0M | -3.6M |
| Net Change In Cash | 2.5M | 30.5M | -115.0M | 52.2M | -123.0M | 190.0M | -292.0M | 173.0M | 83.6M | 76.6M | 20.9M | 40.1M |
| Ending Cash Balance | 169.0M | 166.0M | 136.0M | 251.0M | 199.0M | 321.0M | 131.0M | 424.0M | 250.0M | 167.0M | 90.1M | 69.2M |
| Capex | 48.6M | 12.7M | 151.0M | 15.5M | 13.9M | 17.5M | 12.6M | 9.7M | 13.1M | 13.1M | 10.0M | 24.5M |