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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.6B | 989.0M | 1.1B | 935.0M | 807.0M | 507.0M | 334.0M | 241.0M |
| Revenue Growth % | -22.3% | 59.0% | -12.2% | 20.5% | 15.9% | 59.2% | 51.8% | 38.6% | -- |
| Total Revenue | 1.2B | 1.6B | 989.0M | 1.1B | 935.0M | 807.0M | 507.0M | 334.0M | 241.0M |
| Cost Of Revenue | 701.0M | 989.0M | 587.0M | 697.0M | 499.0M | 423.0M | 247.0M | 177.0M | 116.0M |
| Gross Profit | 521.0M | 584.0M | 402.0M | 430.0M | 436.0M | 384.0M | 260.0M | 157.0M | 125.0M |
| Gross Margin % | 42.6% | 37.1% | 40.6% | 38.2% | 46.6% | 47.6% | 51.3% | 47.0% | 51.9% |
| Total Operating Cost | 1.1B | 1.4B | 945.0M | 999.0M | 715.0M | 585.0M | 364.0M | 268.0M | 190.0M |
| Selling Expenses | 66.9M | 80.7M | 72.4M | 74.3M | 68.2M | 55.6M | 44.3M | 29.4M | 18.1M |
| Admin Expenses | 42.1M | 42.8M | 38.7M | 54.5M | 33.1M | 29.8M | 22.9M | 20.2M | 21.6M |
| Rd Expenses | 153.0M | 160.0M | 151.0M | 129.0M | 82.5M | 64.4M | 41.0M | 28.5M | 26.3M |
| Finance Expenses | -4.0M | -3.4M | -6.7M | -11.2M | -3.5M | -1.4M | -952,600 | 142,600 | -318,700 |
| Operating Income | 171.0M | 213.0M | 88.4M | 186.0M | 256.0M | 244.0M | 163.0M | 82.1M | 52.4M |
| Operating Margin % | 14.0% | 13.5% | 8.9% | 16.5% | 27.4% | 30.2% | 32.1% | 24.6% | 21.7% |
| Non Operating Income | 2.1M | 352,200 | 25,300 | 113,900 | 29,000 | 23,100 | 23,300 | 585,300 | 1.7M |
| Non Operating Expenses | 468,200 | 699,600 | 12.1M | 90,100 | 422,000 | 12,000 | 15,600 | 27,700 | 605,700 |
| Investment Income | 21.8M | 24.7M | 20.7M | 31.7M | 15.6M | 4.7M | 2.7M | 2.6M | 2.0M |
| Asset Disposal Income | 2,100 | 716,600 | -- | -- | -- | -- | -- | -5,600 | -- |
| Asset Impairment Loss | 5.0M | 1.4M | 2.8M | 2.4M | 3.8M | -- | 4.9M | 9.1M | 6.0M |
| Other Income | 28.4M | 22.5M | 24.0M | 26.4M | 20.5M | 17.3M | 16.9M | 13.6M | -- |
| Income Before Tax | 173.0M | 213.0M | 76.3M | 186.0M | 256.0M | 244.0M | 163.0M | 82.7M | 53.5M |
| Income Tax | -2.2M | 14.8M | -20.3M | 6.3M | 31.5M | 31.2M | 21.4M | 11.3M | 6.6M |
| Net Income | 175.0M | 198.0M | 96.7M | 179.0M | 224.0M | 213.0M | 142.0M | 71.4M | 46.9M |
| Net Margin % | 14.3% | 12.6% | 9.8% | 15.9% | 24.0% | 26.4% | 28.0% | 21.4% | 19.5% |
| Net Income Attributable | 175.0M | 198.0M | 96.7M | 179.0M | 224.0M | 213.0M | 142.0M | 71.4M | 46.9M |
| Eps Basic | 0.69 | 0.77 | 0.37 | 0.70 | 0.94 | 2.25 | 1.50 | 0.75 | 0.50 |
| Eps Diluted | 0.69 | 0.77 | 0.37 | 0.70 | 0.94 | 2.25 | 1.50 | 0.75 | 0.50 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.2B | 1.2B | 1.2B | 1.7B | 1.6B | 495.0M | 329.0M | 211.0M | 159.0M |
| Trading Financial Assets | -- | -- | 200.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.3B | 1.3B | 906.0M | 694.0M | 480.0M | 313.0M | 159.0M | 141.0M | 108.0M |
| Notes Receivable | 27.6M | 17.7M | 9.0M | 17.0M | 2.9M | 500,000 | -- | -- | 1.3M |
| Notes And Accounts Receivable | 1.3B | 1.3B | 915.0M | 711.0M | 483.0M | 313.0M | 159.0M | 141.0M | 110.0M |
| Prepayments | 33.7M | 18.1M | 17.1M | 21.8M | 15.3M | 11.3M | 5.1M | 8.3M | 6.1M |
| Inventory | 237.0M | 349.0M | 290.0M | 302.0M | 211.0M | 318.0M | 242.0M | 115.0M | 84.6M |
| Total Current Assets | 2.8B | 2.9B | 2.7B | 2.8B | 2.4B | 1.2B | 758.0M | 494.0M | 373.0M |
| Long Term Equity Investment | 20.8M | 20.7M | 18.9M | 17.8M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 179.0M | 11.5M | 40.4M | 42.0M | 36.0M | 36.7M | 3.0M | -- |
| Fixed Assets Total | 173.0M | 179.0M | 11.5M | 40.4M | 42.0M | 36.0M | 36.7M | 3.0M | 3.2M |
| Construction In Progress | -- | 99.8M | 45.7M | 9.7M | 613,600 | 421,100 | -- | -- | -- |
| Construction In Progress Total | 112.0M | 99.8M | 45.7M | 9.7M | 613,600 | 421,100 | -- | -- | -- |
| Intangible Assets | 31.6M | 32.6M | 33.7M | 34.8M | 35.5M | 36.1M | 37.1M | 621,500 | 555,800 |
| Long Term Deferred Expenses | 2.3M | 3.3M | 3.9M | 5.0M | 1.1M | 344,000 | 523,500 | -- | -- |
| Total Non Current Assets | 614.0M | 614.0M | 343.0M | 228.0M | 102.0M | 93.8M | 102.0M | 23.4M | 29.5M |
| Total Assets | 3.4B | 3.6B | 3.0B | 3.0B | 2.5B | 1.3B | 860.0M | 518.0M | 403.0M |
| Short Term Borrowings | -- | -- | -- | -- | 990,800 | 56.2M | -- | -- | -- |
| Accounts Payable | 442.0M | 508.0M | 258.0M | 218.0M | 118.0M | 132.0M | 65.6M | 47.2M | 40.5M |
| Advance Receipts | 33,700 | 10,300 | -- | -- | -- | 188.0M | 262.0M | 116.0M | 91.1M |
| Contract Liabilities | 137.0M | 183.0M | 179.0M | 264.0M | 185.0M | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 1.2B | 864.0M | 930.0M | 554.0M | 603.0M | 425.0M | 227.0M | 180.0M |
| Total Non Current Liabilities | 29.8M | 76.3M | 69.7M | 76.6M | 30.0M | 25.1M | 23.0M | 20.2M | 23.8M |
| Total Liabilities | 1.0B | 1.3B | 933.0M | 1.0B | 584.0M | 628.0M | 448.0M | 247.0M | 204.0M |
| Paid In Capital | 256.0M | 256.0M | 258.0M | 257.0M | 126.0M | 94.7M | 94.7M | 94.7M | 94.7M |
| Capital Reserve | 1.0B | 1.0B | 1.0B | 1.0B | 1.1B | 56.5M | 56.5M | 56.5M | 56.5M |
| Surplus Reserve | 135.0M | 117.0M | 97.9M | 88.3M | 70.5M | 48.1M | 26.4M | 12.1M | 4.8M |
| Retained Earnings | 970.0M | 915.0M | 762.0M | 726.0M | 628.0M | 426.0M | 235.0M | 107.0M | 43.0M |
| Equity Attributable | 2.4B | 2.3B | 2.1B | 2.0B | 1.9B | 625.0M | 412.0M | 270.0M | 199.0M |
| Total Equity | 2.4B | 2.3B | 2.1B | 2.0B | 1.9B | 625.0M | 412.0M | 270.0M | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.1B | 1.2B | 710.0M | 1.1B | 725.0M | 701.0M | 724.0M | 374.0M | 251.0M |
| Tax Refunds Received | 21.7M | 24.2M | 10.8M | 28.0M | 12.7M | 12.2M | 12.6M | 8.8M | 1.0M |
| Total Operating Cash Inflow | 1.3B | 1.3B | 763.0M | 1.1B | 766.0M | 736.0M | 763.0M | 416.0M | 267.0M |
| Cash Paid For Goods | 790.0M | 800.0M | 596.0M | 645.0M | 444.0M | 371.0M | 375.0M | 223.0M | 163.0M |
| Cash Paid To Employees | 223.0M | 205.0M | 184.0M | 158.0M | 120.0M | 96.0M | 64.1M | 48.6M | 37.7M |
| Taxes Paid | 64.4M | 81.3M | 47.5M | 74.8M | 69.3M | 88.2M | 63.6M | 29.6M | 18.7M |
| Total Operating Cash Outflow | 1.2B | 1.2B | 931.0M | 979.0M | 721.0M | 629.0M | 574.0M | 360.0M | 266.0M |
| Operating Cash Flow | 80.1M | 103.0M | -168.0M | 148.0M | 44.9M | 107.0M | 189.0M | 56.3M | 882,400 |
| Total Investing Cash Inflow | 3.0B | 3.6B | 2.8B | 3.8B | 2.6B | 651.0M | 551.0M | 763.0M | 789.0M |
| Total Investing Cash Outflow | 3.0B | 3.6B | 3.2B | 3.8B | 2.6B | 648.0M | 622.0M | 762.0M | 788.0M |
| Investing Cash Flow | 13.0M | -10.0M | -314.0M | 3.0M | 4.4M | 2.3M | -70.9M | 1.1M | 808,900 |
| Cash From Borrowings | -- | -- | -- | -- | 990,800 | 56.2M | -- | -- | -- |
| Dividends And Interest Paid | 102.0M | 25.8M | 51.6M | 63.1M | -- | -- | -- | -- | -- |
| Debt Repayments | 0.00 | 0.00 | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 0.00 | 0.00 | 16.0M | 74.2M | 1.1B | 56.2M | -- | -- | 3.4M |
| Total Financing Cash Outflow | 118.0M | 70.2M | 67.1M | 70.4M | 36.0M | 284,600 | 26,300 | -- | -- |
| Financing Cash Flow | -118.0M | -70.2M | -51.2M | 3.9M | 1.0B | 55.9M | -26,300 | -- | 3.4M |
| Net Change In Cash | -24.1M | 23.6M | -531.0M | 155.0M | 1.1B | 166.0M | 118.0M | 57.2M | 4.9M |
| Ending Cash Balance | 1.2B | 1.2B | 1.2B | 1.7B | 1.6B | 494.0M | 328.0M | 210.0M | 153.0M |
| Capex | 24.2M | 213.0M | 42.9M | 10.9M | 11.9M | 3.2M | 73.7M | 2.0M | 1.2M |