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 | 302.0M | 280.0M | 317.0M | 308.0M | 308.0M | 365.0M | 317.0M | 376.0M | 193.0M | 186.0M | 155.0M |
| Revenue Growth % | 7.9% | -11.7% | 2.9% | 0.0% | -15.6% | 15.1% | -15.7% | 94.8% | 3.8% | 20.0% | -- |
| Total Revenue | 302.0M | 280.0M | 317.0M | 308.0M | 308.0M | 365.0M | 317.0M | 376.0M | 193.0M | 186.0M | 155.0M |
| Cost Of Revenue | 223.0M | 162.0M | 187.0M | 186.0M | 173.0M | 186.0M | 166.0M | 200.0M | 107.0M | 110.0M | 89.9M |
| Gross Profit | 79.0M | 118.0M | 130.0M | 122.0M | 135.0M | 179.0M | 151.0M | 176.0M | 86.0M | 76.0M | 65.1M |
| Gross Margin % | 26.2% | 42.1% | 41.0% | 39.6% | 43.8% | 49.0% | 47.6% | 46.8% | 44.6% | 40.9% | 42.0% |
| Total Operating Cost | 363.0M | 269.0M | 296.0M | 275.0M | 243.0M | 282.0M | 241.0M | 294.0M | 171.0M | 161.0M | 142.0M |
| Selling Expenses | 30.0M | 27.7M | 28.6M | 23.2M | 25.4M | 22.4M | 19.0M | 22.6M | 15.3M | 11.6M | 10.3M |
| Admin Expenses | 32.6M | 28.8M | 28.4M | 25.3M | 21.6M | 26.1M | 26.5M | 34.6M | 27.4M | 36.2M | 35.2M |
| Rd Expenses | 33.8M | 29.6M | 38.6M | 26.0M | 24.0M | 24.0M | 16.4M | 18.6M | 14.7M | -- | -- |
| Finance Expenses | 3.7M | 2.0M | -1.4M | -1.7M | 4.6M | 3.5M | 2.3M | 3.2M | 965,500 | 2.0M | 1.8M |
| Operating Income | -54.4M | 23.1M | 36.2M | 42.7M | 80.2M | 88.3M | 86.1M | 87.5M | 21.5M | 24.9M | 13.4M |
| Operating Margin % | -18.0% | 8.3% | 11.4% | 13.9% | 26.0% | 24.2% | 27.1% | 23.3% | 11.2% | 13.4% | 8.7% |
| Non Operating Income | 416,600 | 110,000 | 1.8M | 4.1M | 2,500 | 1.0M | 10,300 | -- | 3.1M | 2.5M | 3.3M |
| Non Operating Expenses | 135,400 | 131,200 | 4,700 | 337,300 | 93,200 | 248,400 | 78,000 | 1.5M | 119,400 | 34,400 | 113,300 |
| Investment Income | 1.5M | 1.6M | 1.7M | 2.9M | 441,800 | 56,500 | -- | -- | -- | 11,900 | 308,500 |
| Fair Value Change Income | 22,200 | 101,600 | -226,900 | 195,600 | 31,300 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -30,700 | -7,500 | -6,400 | -300.00 | -30,300 | -2,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 9.1M | 4.4M | 5.5M | 4.5M | 3.3M | 25,700 | 7.8M | 11.6M | 4.1M | -100,700 | 3.0M |
| Other Income | 5.0M | 10.2M | 13.2M | 6.2M | 14.8M | 5.1M | 9.4M | 4.9M | -- | -- | -- |
| Income Before Tax | -54.1M | 23.1M | 38.1M | 46.4M | 80.1M | 89.1M | 86.0M | 86.0M | 24.5M | 27.3M | 16.6M |
| Income Tax | -2.4M | -1.0M | 1.6M | 4.1M | 9.6M | 11.9M | 11.8M | 12.8M | 3.9M | 5.2M | 2.4M |
| Net Income | -51.7M | 24.2M | 36.5M | 42.3M | 70.5M | 77.2M | 74.2M | 73.2M | 20.6M | 22.2M | 14.2M |
| Net Margin % | -17.1% | 8.6% | 11.5% | 13.7% | 22.9% | 21.2% | 23.4% | 19.5% | 10.7% | 11.9% | 9.2% |
| Net Income Attributable | -51.2M | 25.1M | 36.5M | 40.0M | 66.2M | 73.3M | 72.5M | 69.9M | 20.3M | 25.1M | 15.3M |
| Minority Interest | -500,500 | -905,500 | -18,100 | 2.3M | 4.3M | 3.9M | 1.7M | 3.2M | 217,900 | -2.9M | -1.0M |
| Eps Basic | -0.63 | 0.31 | 0.45 | 0.49 | 1.05 | 1.19 | 1.18 | 1.14 | 0.33 | 0.41 | 0.25 |
| Eps Diluted | -0.63 | 0.31 | 0.45 | 0.49 | 1.05 | 1.19 | 1.18 | 1.14 | 0.33 | 0.41 | 0.25 |
| 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 | 266.0M | 380.0M | 193.0M | 225.0M | 309.0M | 111.0M | 96.1M | 45.8M | 77.3M | 59.5M | 50.7M |
| Trading Financial Assets | 5.3M | 18.1M | -- | 35.2M | 16.5M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 350.0M | 281.0M | 243.0M | 238.0M | 216.0M | 316.0M | 217.0M | 231.0M | 61.1M | 61.4M | 73.0M |
| Notes Receivable | 6.6M | 10.2M | -- | -- | 25.0M | -- | 5.7M | -- | -- | 662,600 | -- |
| Notes And Accounts Receivable | 356.0M | 291.0M | 243.0M | 238.0M | 241.0M | 316.0M | 223.0M | 231.0M | 61.1M | 62.1M | 73.0M |
| Prepayments | 2.4M | 4.0M | 4.6M | 9.1M | 1.5M | 1.8M | 4.6M | 1.9M | 3.9M | 5.8M | 10.8M |
| Inventory | 48.6M | 33.4M | 30.4M | 21.2M | 13.9M | 16.4M | 25.7M | 68.9M | 50.9M | 23.1M | 14.8M |
| Total Current Assets | 733.0M | 780.0M | 544.0M | 582.0M | 634.0M | 454.0M | 357.0M | 351.0M | 198.0M | 156.0M | 163.0M |
| Long Term Equity Investment | 23.9M | 17.4M | 16.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 245.0M | 250.0M | 253.0M | 6.1M | 6.6M | 7.2M | 8.5M | -- | 8.0M | 8.2M |
| Fixed Assets Total | 234.0M | 245.0M | 250.0M | 253.0M | 6.1M | 6.6M | 7.2M | 8.5M | 8.8M | 8.0M | 8.2M |
| Construction In Progress | -- | 18.9M | 7.4M | -- | 218.0M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 101.0M | 18.9M | 7.4M | -- | 218.0M | -- | -- | -- | 358,700 | -- | -- |
| Intangible Assets | 84.4M | 60.5M | 62.1M | 7.9M | 8.2M | 8.1M | 7.5M | 7.6M | 23,600 | 12,900 | 12,200 |
| Long Term Deferred Expenses | 134,100 | 235,000 | 381,400 | 1.0M | 480,100 | 662,300 | 1.6M | 1.6M | 5.4M | 2.9M | 1.7M |
| Total Non Current Assets | 469.0M | 388.0M | 360.0M | 287.0M | 259.0M | 46.4M | 38.4M | 47.0M | 47.8M | 37.9M | 17.0M |
| Total Assets | 1.2B | 1.2B | 904.0M | 869.0M | 893.0M | 501.0M | 395.0M | 398.0M | 246.0M | 194.0M | 180.0M |
| Short Term Borrowings | 31.8M | 16.0M | 29.8M | -- | 56.0M | 79.5M | 70.0M | 50.0M | 55.0M | 24.2M | 30.0M |
| Accounts Payable | 151.0M | 100.0M | 92.0M | 85.1M | 93.3M | 83.8M | 35.6M | 104.0M | 31.5M | 27.7M | 22.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.4M | 6.3M | 8.6M | 13.5M | 19.7M | 11.9M |
| Contract Liabilities | 4.0M | 2.5M | 13.5M | 4.1M | 1.9M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 234.0M | 137.0M | 170.0M | 156.0M | 177.0M | 212.0M | 165.0M | 221.0M | 137.0M | 93.0M | 80.8M |
| Total Non Current Liabilities | 236.0M | 219.0M | 2.6M | 2.2M | 3.5M | 5.0M | 2.8M | 5.9M | 2.6M | 3.7M | 6.9M |
| Total Liabilities | 470.0M | 356.0M | 172.0M | 158.0M | 180.0M | 217.0M | 168.0M | 227.0M | 140.0M | 96.7M | 87.7M |
| Paid In Capital | 81.9M | 81.8M | 81.8M | 81.8M | 81.8M | 61.4M | 61.4M | 61.4M | 61.4M | 61.4M | 61.4M |
| Capital Reserve | 359.0M | 359.0M | 361.0M | 360.0M | 365.0M | 6.8M | 7.5M | 7.5M | 3.5M | 3.5M | 3.5M |
| Surplus Reserve | 40.9M | 40.9M | 40.9M | 39.0M | 35.5M | 30.7M | 28.4M | 21.1M | 14.1M | 12.3M | 9.2M |
| Retained Earnings | 189.0M | 257.0M | 248.0M | 230.0M | 218.0M | 175.0M | 122.0M | 75.6M | 25.0M | 18.7M | 15.1M |
| Minority Equity | -650,500 | -312,000 | -106,500 | -88,300 | 12.3M | 10.1M | 8.0M | 6.4M | 2.4M | 1.4M | 3.1M |
| Equity Attributable | 733.0M | 812.0M | 732.0M | 711.0M | 700.0M | 274.0M | 220.0M | 166.0M | 104.0M | 95.9M | 89.2M |
| Total Equity | 732.0M | 812.0M | 732.0M | 711.0M | 712.0M | 284.0M | 228.0M | 172.0M | 106.0M | 97.3M | 92.3M |
| 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 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 219.0M | 248.0M | 324.0M | 331.0M | 404.0M | 283.0M | 363.0M | 252.0M | 223.0M | 224.0M | 137.0M |
| Tax Refunds Received | 2.5M | 5.9M | 8.0M | 5.0M | 14.0M | 4.8M | 7.7M | 3.4M | 562,800 | 224,300 | 1.1M |
| Total Operating Cash Inflow | 254.0M | 291.0M | 420.0M | 394.0M | 432.0M | 303.0M | 381.0M | 273.0M | 239.0M | 237.0M | 156.0M |
| Cash Paid For Goods | 150.0M | 140.0M | 179.0M | 185.0M | 134.0M | 101.0M | 159.0M | 141.0M | 118.0M | 114.0M | 65.7M |
| Cash Paid To Employees | 91.2M | 87.4M | 85.4M | 83.0M | 75.0M | 73.6M | 73.6M | 69.8M | 61.5M | 47.6M | 38.1M |
| Taxes Paid | 14.0M | 18.0M | 22.3M | 17.8M | 47.5M | 28.3M | 50.5M | 25.7M | 15.7M | 10.5M | 6.6M |
| Total Operating Cash Outflow | 310.0M | 293.0M | 339.0M | 391.0M | 318.0M | 260.0M | 330.0M | 287.0M | 235.0M | 200.0M | 155.0M |
| Operating Cash Flow | -55.7M | -1.2M | 81.7M | 3.8M | 114.0M | 43.0M | 51.6M | -14.8M | 3.3M | 36.9M | 919,700 |
| Total Investing Cash Inflow | 15.9M | 96.8M | 283.0M | 355.0M | 67.2M | 16.5M | 24,900 | 1,774 | -- | 11,900 | 22.3M |
| Total Investing Cash Outflow | 59.2M | 147.0M | 338.0M | 433.0M | 325.0M | 17.4M | 2.5M | 1.7M | 13.9M | 3.1M | 26.6M |
| Investing Cash Flow | -43.3M | -50.1M | -54.6M | -77.8M | -258.0M | -859,200 | -2.5M | -1.7M | -13.9M | -3.1M | -4.3M |
| Cash From Borrowings | 31.8M | 300.0M | 40.6M | -- | 66.0M | 79.5M | 70.0M | 60.0M | 55.0M | 32.2M | 49.0M |
| Dividends And Interest Paid | 18.3M | 17.0M | 25.4M | 25.2M | 21.6M | 41.8M | 14.9M | 15.3M | 1.9M | 20.4M | 20.0M |
| Debt Repayments | 15.0M | 40.0M | 11.0M | 40.0M | 89.5M | 70.0M | 50.0M | 65.0M | 24.2M | 38.0M | 35.0M |
| Total Financing Cash Inflow | 31.8M | 301.0M | 40.6M | 0.00 | 449.0M | 79.5M | 70.0M | 64.7M | 55.8M | 33.5M | 53.0M |
| Total Financing Cash Outflow | 45.9M | 58.5M | 36.8M | 69.0M | 112.0M | 113.0M | 65.6M | 81.1M | 26.1M | 58.4M | 55.0M |
| Financing Cash Flow | -14.0M | 243.0M | 3.9M | -69.0M | 337.0M | -33.4M | 4.4M | -16.4M | 29.7M | -25.0M | -2.1M |
| Net Change In Cash | -113.0M | 191.0M | 31.0M | -143.0M | 193.0M | 8.7M | 53.5M | -32.9M | 19.1M | 8.8M | -5.4M |
| Ending Cash Balance | 260.0M | 373.0M | 182.0M | 151.0M | 294.0M | 100.0M | 91.6M | 38.1M | 71.0M | 51.9M | 43.1M |
| Capex | 51.6M | 32.9M | 69.0M | 22.2M | 240.0M | 909,000 | 2.5M | 1.7M | 13.9M | 3.1M | 4.6M |