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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 892.0M | 1.0B | 896.0M | 953.0M | 779.0M | 601.0M | 347.0M | 329.0M | 324.0M | 304.0M | 254.0M |
| Revenue Growth % | -14.1% | 15.8% | -6.0% | 22.3% | 29.6% | 73.2% | 5.5% | 1.5% | 6.6% | 19.7% | -- |
| Total Revenue | 892.0M | 1.0B | 896.0M | 953.0M | 779.0M | 601.0M | 347.0M | 329.0M | 324.0M | 304.0M | 254.0M |
| Cost Of Revenue | 634.0M | 715.0M | 574.0M | 637.0M | 480.0M | 358.0M | 160.0M | 145.0M | 143.0M | 129.0M | 109.0M |
| Gross Profit | 258.0M | 323.0M | 322.0M | 316.0M | 299.0M | 243.0M | 187.0M | 184.0M | 181.0M | 175.0M | 145.0M |
| Gross Margin % | 28.9% | 31.1% | 35.9% | 33.2% | 38.4% | 40.4% | 53.9% | 55.9% | 55.9% | 57.6% | 57.1% |
| Total Operating Cost | 874.0M | 981.0M | 839.0M | 860.0M | 681.0M | 515.0M | 283.0M | 258.0M | 253.0M | 249.0M | 196.0M |
| Selling Expenses | 115.0M | 132.0M | 120.0M | 110.0M | 91.4M | 72.9M | 59.9M | 64.1M | 66.0M | 64.5M | 50.6M |
| Admin Expenses | 49.5M | 51.2M | 52.2M | 49.2M | 52.5M | 45.1M | 28.7M | 22.7M | 36.2M | 46.9M | 29.7M |
| Rd Expenses | 56.3M | 58.6M | 57.7M | 47.2M | 34.5M | 30.4M | 19.9M | 16.6M | -- | -- | -- |
| Finance Expenses | -921,800 | 304,800 | -2.1M | -2.1M | -3.5M | -2.6M | -637,400 | -2.1M | -56,800 | 90,600 | 193,900 |
| Operating Income | 42.6M | 83.3M | 75.8M | 117.0M | 114.0M | 99.7M | 81.0M | 77.4M | 71.1M | 55.0M | 58.8M |
| Operating Margin % | 4.8% | 8.0% | 8.5% | 12.3% | 14.6% | 16.6% | 23.4% | 23.5% | 21.9% | 18.1% | 23.2% |
| Non Operating Income | 119,300 | 107,900 | 864,100 | 211,400 | 4.6M | 116,300 | 3.7M | 2.1M | 3.7M | 4.5M | 4.6M |
| Non Operating Expenses | 78,100 | 604,200 | 418,700 | 7.2M | 6.2M | 7.2M | 14,600 | 111,300 | 169,400 | 22,100 | 187,100 |
| Investment Income | 8.6M | 9.0M | 8.1M | 10.2M | 6.0M | 4.4M | 9.2M | 592,000 | 720,300 | 10,100 | 386,200 |
| Fair Value Change Income | 142,200 | 655,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 743,600 | -- | 137,700 | 41,600 | 5,000 | 3,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 3.8M | 6.4M | 5.0M | 4.5M | 1.9M | 1.1M | 12.1M | 6.4M | 2.8M | 4.4M | 2.8M |
| Other Income | 14.9M | 16.8M | 10.8M | 14.2M | 10.0M | 8.8M | 7.6M | 6.1M | -- | -- | -- |
| Income Before Tax | 42.7M | 82.8M | 76.3M | 110.0M | 112.0M | 92.7M | 84.7M | 79.4M | 74.6M | 59.4M | 63.2M |
| Income Tax | 277,700 | 5.6M | 4.9M | 1.6M | 10.6M | 10.3M | 11.6M | 9.7M | 11.3M | 6.0M | 7.6M |
| Net Income | 42.4M | 77.1M | 71.4M | 109.0M | 102.0M | 82.4M | 73.1M | 69.6M | 63.3M | 53.4M | 55.6M |
| Net Margin % | 4.8% | 7.4% | 8.0% | 11.4% | 13.1% | 13.7% | 21.1% | 21.2% | 19.6% | 17.6% | 21.9% |
| Net Income Attributable | 37.4M | 70.3M | 68.3M | 95.8M | 84.2M | 73.6M | 73.1M | 69.6M | 63.3M | 53.4M | 55.6M |
| Minority Interest | 5.0M | 6.8M | 3.1M | 12.9M | 17.4M | 8.8M | -- | -- | -- | -- | -- |
| Eps Basic | 0.17 | 0.32 | 0.31 | 0.43 | 0.38 | 0.33 | 0.44 | 0.71 | 0.90 | 0.79 | 0.93 |
| Eps Diluted | 0.17 | 0.32 | 0.31 | 0.43 | 0.38 | 0.33 | 0.44 | 0.71 | 0.90 | 0.79 | 0.93 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 144.0M | 91.8M | 112.0M | 112.0M | 223.0M | 214.0M | 235.0M | 43.0M | 67.4M | 11.9M | 5.3M |
| Trading Financial Assets | 18.1M | 102.0M | 34.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 557.0M | 553.0M | 542.0M | 472.0M | 374.0M | 321.0M | 197.0M | 150.0M | 111.0M | 87.4M | 58.2M |
| Notes Receivable | 29.1M | 74.7M | 24.9M | 36.0M | 26.2M | 18.2M | 52.1M | 74.1M | 29.3M | 35.1M | 17.6M |
| Notes And Accounts Receivable | 586.0M | 628.0M | 567.0M | 508.0M | 401.0M | 339.0M | 249.0M | 224.0M | 140.0M | 123.0M | 75.9M |
| Prepayments | 11.6M | 6.3M | 9.1M | 14.8M | 13.4M | 11.1M | 1.8M | 2.4M | 3.8M | 2.7M | 2.2M |
| Inventory | 241.0M | 253.0M | 282.0M | 233.0M | 187.0M | 161.0M | 114.0M | 84.6M | 98.4M | 84.8M | 73.7M |
| Total Current Assets | 1.1B | 1.2B | 1.1B | 1.1B | 932.0M | 903.0M | 724.0M | 380.0M | 316.0M | 255.0M | 207.0M |
| Long Term Equity Investment | 45.7M | 39.6M | 34.0M | 31.2M | 23.6M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 154.0M | 156.0M | 152.0M | 141.0M | 136.0M | 67.0M | 58.4M | 61.1M | 65.2M | 67.8M |
| Fixed Assets Total | 255.0M | 154.0M | 156.0M | 152.0M | 141.0M | 136.0M | 67.0M | 58.4M | 61.1M | 65.2M | 67.8M |
| Construction In Progress | -- | 114.0M | 109.0M | 18.9M | 17.7M | 3.2M | 7.0M | 4.9M | -- | -- | -- |
| Construction In Progress Total | 28.6M | 114.0M | 109.0M | 18.9M | 17.7M | 3.2M | 7.0M | 4.9M | -- | -- | -- |
| Intangible Assets | 23.7M | 25.2M | 27.7M | 30.4M | 33.0M | 30.3M | 10.3M | 11.4M | 12.7M | 13.9M | 15.1M |
| Long Term Deferred Expenses | 371,600 | 478,900 | 1.1M | 2.5M | 3.9M | 2.0M | 1.6M | 663,400 | 541,200 | -- | -- |
| Total Non Current Assets | 420.0M | 408.0M | 399.0M | 334.0M | 282.0M | 212.0M | 101.0M | 84.2M | 81.0M | 82.3M | 84.7M |
| Total Assets | 1.5B | 1.6B | 1.5B | 1.4B | 1.2B | 1.1B | 825.0M | 464.0M | 397.0M | 337.0M | 291.0M |
| Short Term Borrowings | 13.0M | 30.0M | 33.8M | 8.0M | 22.0M | 25.0M | -- | -- | -- | -- | 5.1M |
| Accounts Payable | 315.0M | 267.0M | 306.0M | 243.0M | 137.0M | 134.0M | 43.7M | 34.1M | 35.4M | 44.1M | 52.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.7M | 430,200 | 356,700 | 1.3M | 4.6M | 4.8M |
| Contract Liabilities | 2.5M | 3.4M | 7.6M | 3.6M | 8.6M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 499.0M | 495.0M | 485.0M | 382.0M | 279.0M | 252.0M | 74.1M | 77.1M | 62.0M | 66.2M | 74.6M |
| Total Non Current Liabilities | 21.6M | 23.6M | 22.0M | 18.7M | 18.9M | 20.6M | 16.1M | 18.2M | 17.5M | 17.4M | 17.8M |
| Total Liabilities | 521.0M | 519.0M | 507.0M | 401.0M | 298.0M | 273.0M | 90.2M | 95.3M | 79.5M | 83.6M | 92.4M |
| Paid In Capital | 223.0M | 223.0M | 223.0M | 223.0M | 224.0M | 171.0M | 122.0M | 70.3M | 70.3M | 70.3M | 60.0M |
| Capital Reserve | 356.0M | 356.0M | 356.0M | 355.0M | 355.0M | 387.0M | 435.0M | 176.0M | 176.0M | 176.0M | 56.8M |
| Surplus Reserve | 42.1M | 40.3M | 37.7M | 34.2M | 30.1M | 20.6M | 18.1M | 14.3M | 8.0M | 2.5M | 5.5M |
| Retained Earnings | 392.0M | 398.0M | 357.0M | 319.0M | 254.0M | 216.0M | 160.0M | 108.0M | 62.3M | 4.5M | 76.6M |
| Minority Equity | -- | 66.8M | 64.4M | 66.2M | 65.9M | 48.4M | -- | -- | -- | -- | -- |
| Equity Attributable | 1.0B | 1.0B | 970.0M | 924.0M | 849.0M | 794.0M | 735.0M | 369.0M | 317.0M | 254.0M | 199.0M |
| Total Equity | 1.0B | 1.1B | 1.0B | 990.0M | 915.0M | 842.0M | 735.0M | 369.0M | 317.0M | 254.0M | 199.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 697.0M | 759.0M | 673.0M | 597.0M | 665.0M | 493.0M | 268.0M | 292.0M | 350.0M | 309.0M | 270.0M |
| Tax Refunds Received | 2.6M | 6.0M | 7.2M | 7.9M | 6.9M | 4.2M | 2.7M | 3.4M | 673,100 | 2.5M | 1.6M |
| Total Operating Cash Inflow | 717.0M | 776.0M | 694.0M | 628.0M | 700.0M | 524.0M | 291.0M | 304.0M | 352.0M | 312.0M | 272.0M |
| Cash Paid For Goods | 269.0M | 313.0M | 303.0M | 236.0M | 395.0M | 229.0M | 100.0M | 117.0M | 155.0M | 148.0M | 141.0M |
| Cash Paid To Employees | 200.0M | 222.0M | 199.0M | 180.0M | 128.0M | 122.0M | 90.3M | 82.3M | 73.9M | 72.4M | 54.7M |
| Taxes Paid | 49.6M | 46.9M | 43.2M | 60.1M | 62.7M | 53.0M | 39.6M | 45.7M | 40.1M | 41.5M | 28.7M |
| Total Operating Cash Outflow | 584.0M | 659.0M | 627.0M | 576.0M | 673.0M | 474.0M | 284.0M | 292.0M | 316.0M | 303.0M | 258.0M |
| Operating Cash Flow | 133.0M | 117.0M | 66.3M | 52.3M | 27.1M | 49.3M | 6.3M | 11.7M | 35.7M | 9.0M | 13.8M |
| Total Investing Cash Inflow | 531.0M | 159.0M | 236.0M | 52.6M | 228.0M | 850.0M | 640.0M | 230.0M | 60.6M | 24.4M | 53.9M |
| Total Investing Cash Outflow | 543.0M | 258.0M | 267.0M | 151.0M | 221.0M | 922.0M | 753.0M | 247.0M | 45.0M | 61.8M | 47.7M |
| Investing Cash Flow | -11.2M | -98.8M | -31.5M | -98.0M | 7.3M | -72.0M | -113.0M | -16.5M | 15.6M | -37.4M | 6.1M |
| Cash From Borrowings | 21.0M | 42.1M | 38.8M | 8.0M | -- | 25.0M | -- | -- | -- | -- | 5.1M |
| Dividends And Interest Paid | 47.1M | 32.9M | 32.7M | 29.8M | 38.0M | 14.8M | 17.9M | 17.6M | -- | 100.0M | 127,200 |
| Debt Repayments | 38.0M | 45.9M | 13.0M | 22.0M | 3.0M | 15.5M | -- | -- | -- | 5.1M | -- |
| Total Financing Cash Inflow | 181.0M | 55.4M | 52.4M | 47.6M | 35.0M | 35.8M | 321.0M | -- | 2.8M | 140.0M | 7.7M |
| Total Financing Cash Outflow | 266.0M | 101.0M | 90.4M | 110.0M | 61.0M | 45.3M | 22.4M | 17.6M | 371,300 | 105.0M | 32.7M |
| Financing Cash Flow | -84.8M | -45.9M | -38.1M | -62.7M | -26.0M | -9.5M | 299.0M | -17.6M | 2.4M | 34.4M | -25.0M |
| Net Change In Cash | 36.6M | -28.0M | -3.3M | -108.0M | 8.4M | -32.1M | 192.0M | -22.4M | 53.7M | 6.0M | -5.1M |
| Ending Cash Balance | 107.0M | 70.3M | 98.3M | 102.0M | 210.0M | 202.0M | 234.0M | 41.9M | 64.3M | 10.6M | 4.7M |
| Capex | 44.7M | 40.7M | 51.1M | 32.5M | 56.2M | 24.4M | 18.4M | 9.2M | 14.4M | 8.9M | 6.8M |