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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 137.0M | 167.0M | 343.0M | 278.0M | 219.0M | 277.0M | 276.0M | 175.0M | 151.0M | 94.4M |
| Revenue Growth % | -18.0% | -51.3% | 23.4% | 26.9% | -20.9% | 0.4% | 57.7% | 15.9% | 60.0% | -- |
| Total Revenue | 137.0M | 167.0M | 343.0M | 278.0M | 219.0M | 277.0M | 276.0M | 175.0M | 151.0M | 94.4M |
| Cost Of Revenue | 66.5M | 92.1M | 196.0M | 140.0M | 96.9M | 131.0M | 142.0M | 78.8M | 75.4M | 54.0M |
| Gross Profit | 70.5M | 74.9M | 147.0M | 138.0M | 122.1M | 146.0M | 134.0M | 96.2M | 75.6M | 40.4M |
| Gross Margin % | 51.4% | 44.8% | 42.9% | 49.6% | 55.8% | 52.7% | 48.6% | 55.0% | 50.1% | 42.8% |
| Total Operating Cost | 118.0M | 110.0M | 261.0M | 160.0M | 133.0M | 167.0M | 167.0M | 137.0M | 90.8M | 72.0M |
| Selling Expenses | 582,800 | 591,300 | 720,200 | 801,100 | 882,500 | 956,100 | 938,800 | 1.1M | 653,700 | 929,800 |
| Admin Expenses | 14.4M | 16.5M | 14.3M | 14.1M | 12.0M | 13.0M | 11.4M | 44.0M | 6.3M | 6.0M |
| Rd Expenses | 11.2M | 11.4M | 12.6M | 9.5M | 11.4M | 8.6M | 9.0M | 8.0M | 6.1M | 6.2M |
| Finance Expenses | -7.4M | -7.4M | -5.9M | -6.5M | -2.2M | -470,300 | -1.5M | 1.5M | 543,700 | 2.0M |
| Operating Income | 17.7M | 57.5M | 82.8M | 126.0M | 95.3M | 114.0M | 113.0M | 47.3M | 60.7M | 22.3M |
| Operating Margin % | 12.9% | 34.5% | 24.1% | 45.3% | 43.5% | 41.2% | 40.9% | 27.1% | 40.2% | 23.7% |
| Non Operating Income | -- | -- | 1.0M | 3.5M | 505,000 | 1.0M | 3.0M | 9,200 | 5.5M | 219,000 |
| Non Operating Expenses | 7,300 | 27,200 | 80,400 | 900.00 | 900.00 | 2.4M | 23,200 | 2.0M | 600.00 | 3,900 |
| Investment Income | -1.8M | -595,300 | 1.1M | 2.7M | 7.3M | -- | 827.38 | -- | 93,400 | -- |
| Fair Value Change Income | -- | -- | -- | -- | 177,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -49,300 | 481,300 | 112,300 | 31,300 | 42,200 | -- | 4.8M | 2.9M | 1.7M | 2.9M |
| Other Income | 459,500 | 1.0M | 89,400 | 4.9M | 1.7M | 4.4M | 4.4M | 8.7M | -- | -- |
| Income Before Tax | 17.6M | 57.5M | 83.7M | 130.0M | 95.8M | 112.0M | 116.0M | 45.4M | 66.2M | 22.6M |
| Income Tax | 1.6M | 7.5M | 11.0M | 18.3M | 13.4M | 16.4M | 16.9M | 12.5M | 10.2M | 3.7M |
| Net Income | 16.0M | 50.0M | 72.7M | 111.0M | 82.4M | 96.1M | 99.6M | 32.9M | 56.0M | 18.9M |
| Net Margin % | 11.7% | 30.0% | 21.2% | 39.9% | 37.6% | 34.7% | 36.1% | 18.8% | 37.1% | 20.0% |
| Net Income Attributable | 16.0M | 50.0M | 72.7M | 111.0M | 82.4M | 96.1M | 99.6M | 32.9M | 56.0M | 18.9M |
| Eps Basic | 0.13 | 0.42 | 0.73 | 1.11 | 1.23 | 1.79 | 1.86 | 0.66 | -- | -- |
| Eps Diluted | 0.13 | 0.42 | 0.73 | 1.11 | 1.23 | 1.79 | 1.86 | 0.66 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 517.0M | 492.0M | 296.0M | 394.0M | 457.0M | 54.1M | 82.7M | 126.0M | 51.2M | 37.8M |
| Trading Financial Assets | -- | -- | -- | -- | 40.2M | -- | -- | -- | -- | -- |
| Accounts Receivable | 322.0M | 448.0M | 484.0M | 336.0M | 344.0M | 320.0M | 228.0M | 139.0M | -- | -- |
| Notes Receivable | 15.5M | 24.7M | 141.0M | 88.4M | 64.8M | 64.2M | 34.0M | 22.3M | -- | -- |
| Notes And Accounts Receivable | 337.0M | 473.0M | 625.0M | 424.0M | 409.0M | 384.0M | 262.0M | 161.0M | 137.0M | 93.6M |
| Prepayments | 191,000 | 157,400 | 95,900 | 1.5M | 91,600 | 82,700 | 429,800 | 59,800 | 21,700 | 125,800 |
| Inventory | 107.0M | 115.0M | 87.5M | 175.0M | 73.3M | 40.7M | 67.7M | 71.6M | 91.3M | 80.8M |
| Total Current Assets | 1.0B | 1.1B | 1.0B | 1.0B | 1.0B | 510.0M | 437.0M | 366.0M | 285.0M | 222.0M |
| Long Term Equity Investment | 10.8M | 12.0M | 9.8M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 209.0M | 213.0M | 3.7M | 3.1M | 4.2M | 3.8M | 4.3M | -- | 7.2M |
| Fixed Assets Total | 186.0M | 209.0M | 213.0M | 3.7M | 3.1M | 4.2M | 3.8M | 4.3M | 5.9M | 7.2M |
| Construction In Progress | -- | 6.2M | 6.6M | 128.0M | 52.9M | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | 6.2M | 6.6M | 128.0M | 52.9M | -- | -- | -- | -- | -- |
| Intangible Assets | 44.1M | 45.4M | 46.8M | 48.2M | 49.6M | 51.0M | 254,800 | 126,400 | 91,800 | 61,900 |
| Long Term Deferred Expenses | -- | -- | -- | 107,100 | 648,500 | 1.2M | 1.7M | 2.3M | 2.8M | 3.4M |
| Total Non Current Assets | 259.0M | 286.0M | 290.0M | 192.0M | 113.0M | 61.4M | 23.6M | 8.4M | 10.0M | 11.7M |
| Total Assets | 1.3B | 1.4B | 1.3B | 1.2B | 1.1B | 571.0M | 460.0M | 375.0M | 295.0M | 233.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 14.5M | -- | 54.1M | 43.8M | 58.0M |
| Accounts Payable | 62.2M | 127.0M | 136.0M | 123.0M | 76.9M | 62.9M | 86.9M | 52.2M | -- | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 2.0M | -- | 557,500 | 4.2M | -- |
| Contract Liabilities | 16.5M | 22.1M | 1.1M | 1.1M | 350,400 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 145.0M | 294.0M | 252.0M | 183.0M | 186.0M | 184.0M | 169.0M | 161.0M | 147.0M | 142.0M |
| Total Non Current Liabilities | 21.0M | 21.0M | 21.0M | 20.9M | 13.3M | 11.3M | 11.6M | 11.7M | 11.3M | 11.3M |
| Total Liabilities | 166.0M | 315.0M | 273.0M | 204.0M | 200.0M | 195.0M | 181.0M | 173.0M | 159.0M | 153.0M |
| Paid In Capital | 120.0M | 120.0M | 100.0M | 71.5M | 71.5M | 53.6M | 53.6M | 53.6M | 10.0M | 10.0M |
| Capital Reserve | 571.0M | 570.0M | 587.0M | 615.0M | 615.0M | 153.0M | 153.0M | 153.0M | -- | -- |
| Surplus Reserve | 56.1M | 54.4M | 49.4M | 42.2M | 31.0M | 22.8M | 13.2M | 3.2M | 12.6M | 7.0M |
| Retained Earnings | 347.0M | 354.0M | 329.0M | 285.0M | 206.0M | 147.0M | 60.1M | -8.1M | 114.0M | 63.3M |
| Equity Attributable | 1.1B | 1.1B | 1.1B | 1.0B | 924.0M | 376.0M | 280.0M | 202.0M | 136.0M | 80.3M |
| Total Equity | 1.1B | 1.1B | 1.1B | 1.0B | 924.0M | 376.0M | 280.0M | 202.0M | 136.0M | 80.3M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 263.0M | 351.0M | 127.0M | 266.0M | 183.0M | 147.0M | 171.0M | 129.0M | 86.6M | 50.9M |
| Tax Refunds Received | -- | 1.2M | 122,100 | 23.0M | 8.4M | 9.9M | 12.7M | 13.7M | 3.6M | -- |
| Total Operating Cash Inflow | 271.0M | 369.0M | 136.0M | 314.0M | 198.0M | 163.0M | 193.0M | 152.0M | 96.1M | 51.2M |
| Cash Paid For Goods | 158.0M | 72.9M | 81.1M | 224.0M | 108.0M | 95.8M | 68.9M | 50.2M | 62.9M | 42.2M |
| Cash Paid To Employees | 27.6M | 28.9M | 28.8M | 23.6M | 20.8M | 22.4M | 20.5M | 15.0M | 14.2M | 12.2M |
| Taxes Paid | 19.5M | 18.4M | 41.3M | 54.3M | 35.4M | 39.4M | 34.6M | 33.0M | 5.9M | 4.6M |
| Total Operating Cash Outflow | 210.0M | 127.0M | 161.0M | 310.0M | 170.0M | 166.0M | 133.0M | 105.0M | 88.8M | 62.6M |
| Operating Cash Flow | 60.6M | 242.0M | -24.8M | 4.4M | 27.9M | -2.7M | 60.6M | 46.8M | 7.3M | -11.4M |
| Total Investing Cash Inflow | 0.00 | 101.0M | 164.0M | 376.0M | 626.0M | 90.00 | 10,800 | 4.4M | 68.5M | 48.0M |
| Total Investing Cash Outflow | 13.9M | 124.0M | 216.0M | 422.0M | 703.0M | 37.7M | 30.4M | 435,200 | 65.1M | 52.9M |
| Investing Cash Flow | -13.9M | -23.0M | -51.6M | -46.3M | -77.3M | -37.7M | -30.4M | 3.9M | 3.4M | -4.9M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 20.5M | -- | 54.1M | 43.8M | 68.0M |
| Dividends And Interest Paid | 21.6M | 20.0M | 21.4M | 21.4M | 14.3M | 821,100 | 21.6M | 17.1M | 3.0M | 3.5M |
| Debt Repayments | -- | -- | -- | -- | 14.5M | 6.0M | 54.1M | 26.8M | 35.0M | 45.0M |
| Total Financing Cash Inflow | -- | -- | -- | -- | 495.0M | 20.5M | -- | 68.8M | 45.8M | 68.2M |
| Total Financing Cash Outflow | 21.6M | 20.1M | 21.4M | 21.4M | 41.4M | 7.5M | 78.1M | 44.0M | 40.0M | 49.0M |
| Financing Cash Flow | -21.6M | -20.1M | -21.4M | -21.4M | 454.0M | 13.0M | -78.1M | 24.9M | 5.8M | 19.2M |
| Net Change In Cash | 25.1M | 199.0M | -97.9M | -63.3M | 405.0M | -27.4M | -47.9M | 75.6M | 16.5M | 2.9M |
| Ending Cash Balance | 517.0M | 492.0M | 293.0M | 391.0M | 454.0M | 49.2M | 76.7M | 125.0M | 48.9M | 32.5M |
| Capex | 13.9M | 23.9M | 43.0M | 89.4M | 45.1M | 37.7M | 30.4M | 435,200 | 724,100 | 857,100 |