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 | 483.0M | 410.0M | 440.0M | 657.0M | 601.0M | 677.0M | 516.0M | 425.0M | 326.0M |
| Revenue Growth % | 17.8% | -6.8% | -33.0% | 9.3% | -11.2% | 31.2% | 21.4% | 30.4% | -- |
| Total Revenue | 483.0M | 410.0M | 440.0M | 657.0M | 601.0M | 677.0M | 516.0M | 425.0M | 326.0M |
| Cost Of Revenue | 260.0M | 217.0M | 232.0M | 369.0M | 290.0M | 347.0M | 247.0M | 216.0M | 173.0M |
| Gross Profit | 223.0M | 193.0M | 208.0M | 288.0M | 311.0M | 330.0M | 269.0M | 209.0M | 153.0M |
| Gross Margin % | 46.2% | 47.1% | 47.3% | 43.8% | 51.7% | 48.7% | 52.1% | 49.2% | 46.9% |
| Total Operating Cost | 455.0M | 428.0M | 424.0M | 565.0M | 453.0M | 513.0M | 404.0M | 369.0M | 288.0M |
| Selling Expenses | 84.2M | 70.9M | 64.6M | 73.5M | 63.4M | 71.8M | 62.7M | 57.0M | 51.4M |
| Admin Expenses | 57.9M | 49.3M | 44.3M | 47.9M | 43.6M | 47.1M | 46.8M | 53.5M | 34.6M |
| Rd Expenses | 42.7M | 48.8M | 55.0M | 47.9M | 41.5M | 40.2M | 32.5M | 26.4M | 24.5M |
| Finance Expenses | -6.2M | -5.1M | -4.8M | -3.3M | 596,400 | -2.2M | 322,200 | 3.5M | 620,000 |
| Operating Income | 47.4M | 8.0M | 46.0M | 134.0M | 165.0M | 173.0M | 120.0M | 65.1M | 38.7M |
| Operating Margin % | 9.8% | 2.0% | 10.5% | 20.4% | 27.5% | 25.6% | 23.3% | 15.3% | 11.9% |
| Non Operating Income | 25,900 | 5.6M | 10.4M | 6.2M | 6.6M | 23,400 | 28,700 | 119,000 | 15.7M |
| Non Operating Expenses | 561,100 | 1.9M | 2.9M | 694,000 | 1.8M | 55,400 | 717,000 | 1.6M | 3.4M |
| Investment Income | 8.9M | 12.8M | 18.2M | 25.4M | 4.5M | -- | -- | -- | 205,500 |
| Fair Value Change Income | 782,600 | -124,900 | -106,500 | 437,500 | -- | -- | -- | -- | -161,200 |
| Asset Disposal Income | 23,300 | -- | 1,800 | 265,100 | 11,500 | -15,300 | 53,700 | 15,100 | 427,700 |
| Asset Impairment Loss | 2.2M | 1.3M | 2.7M | 5.6M | 2.2M | 1.4M | 8.7M | 7.1M | 774,600 |
| Other Income | 10.5M | 12.5M | 11.7M | 15.4M | 12.9M | 9.1M | 8.2M | 9.4M | -- |
| Income Before Tax | 46.9M | 11.7M | 53.5M | 139.0M | 170.0M | 173.0M | 120.0M | 63.6M | 50.9M |
| Income Tax | 4.7M | 755,200 | 3.9M | 15.7M | 21.9M | 22.9M | 14.2M | 10.8M | 6.4M |
| Net Income | 42.1M | 10.9M | 49.7M | 124.0M | 148.0M | 150.0M | 105.0M | 52.8M | 44.5M |
| Net Margin % | 8.7% | 2.7% | 11.3% | 18.9% | 24.6% | 22.2% | 20.3% | 12.4% | 13.6% |
| Net Income Attributable | 42.7M | 10.1M | 50.2M | 124.0M | 148.0M | 149.0M | 104.0M | 52.3M | 43.1M |
| Minority Interest | -546,400 | 799,300 | -586,700 | -666,200 | 141,800 | 472,500 | 1.0M | 449,800 | 1.4M |
| Eps Basic | 0.29 | 0.07 | 0.41 | 1.17 | 1.72 | 1.88 | 1.31 | 0.71 | 0.84 |
| Eps Diluted | 0.29 | 0.07 | 0.41 | 1.17 | 1.72 | 1.88 | 1.31 | 0.71 | 0.84 |
| 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 | 1.1B | 830.0M | 817.0M | 677.0M | 929.0M | 175.0M | 186.0M | 188.0M | 79.8M |
| Trading Financial Assets | 96.5M | 6.7M | 16.7M | 260.0M | 150.0M | -- | -- | -- | -- |
| Accounts Receivable | 286.0M | 255.0M | 273.0M | 288.0M | 257.0M | 237.0M | 158.0M | 123.0M | 65.2M |
| Notes Receivable | 31.2M | 6.4M | 20.3M | 45.2M | 4.7M | 4.5M | 5.8M | 46.9M | 320,000 |
| Notes And Accounts Receivable | 317.0M | 261.0M | 293.0M | 333.0M | 262.0M | 242.0M | 163.0M | 170.0M | 65.6M |
| Prepayments | 8.5M | 8.3M | 8.2M | 16.3M | 8.3M | 10.8M | 7.4M | 11.8M | 5.6M |
| Inventory | 128.0M | 141.0M | 110.0M | 144.0M | 162.0M | 141.0M | 213.0M | 168.0M | 58.0M |
| Total Current Assets | 1.7B | 1.3B | 1.3B | 1.5B | 1.6B | 692.0M | 635.0M | 570.0M | 246.0M |
| Long Term Equity Investment | 22.7M | 23.3M | 26.1M | 22.7M | 6.7M | -- | -- | -- | -- |
| Fixed Assets | -- | 367.0M | 137.0M | 144.0M | 93.6M | 5.9M | 4.3M | -- | -- |
| Fixed Assets Total | 394.0M | 367.0M | 137.0M | 144.0M | 93.6M | 5.9M | 4.3M | 4.3M | 4.0M |
| Construction In Progress | -- | 31.8M | 241.0M | 139.0M | 23.1M | 89.3M | 64.9M | -- | -- |
| Construction In Progress Total | 15.2M | 31.8M | 241.0M | 139.0M | 23.1M | 89.3M | 64.9M | 35.5M | 7.9M |
| Intangible Assets | 91.8M | 85.8M | 84.9M | 85.7M | 87.4M | 89.0M | 68.3M | 69.8M | 71.3M |
| Long Term Deferred Expenses | 4.1M | 2.6M | 2.7M | 5,000 | 823,700 | 1.0M | 1.2M | 1.3M | 1.5M |
| Total Non Current Assets | 603.0M | 558.0M | 539.0M | 434.0M | 245.0M | 217.0M | 145.0M | 115.0M | 87.9M |
| Total Assets | 2.3B | 1.9B | 1.9B | 1.9B | 1.9B | 909.0M | 780.0M | 685.0M | 334.0M |
| Short Term Borrowings | -- | -- | -- | 29.5M | 15.0M | 5.0M | 5.0M | 37.5M | 14.9M |
| Accounts Payable | 151.0M | 176.0M | 176.0M | 175.0M | 155.0M | 197.0M | 159.0M | 135.0M | 58.3M |
| Advance Receipts | 20,700 | 43,100 | 792,300 | 1.1M | 382,700 | 67.8M | 119.0M | 177.0M | 55.6M |
| Contract Liabilities | 70.5M | 56.0M | 59.1M | 79.0M | 135.0M | -- | -- | -- | -- |
| Total Current Liabilities | 383.0M | 378.0M | 349.0M | 459.0M | 484.0M | 436.0M | 440.0M | 451.0M | 205.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 21.5M | 11.6M | -- |
| Total Non Current Liabilities | 14.2M | 5.1M | 27.7M | 23.1M | 15.8M | 12.9M | 29.8M | 14.8M | 3.5M |
| Total Liabilities | 397.0M | 383.0M | 377.0M | 482.0M | 500.0M | 449.0M | 470.0M | 466.0M | 208.0M |
| Paid In Capital | 165.0M | 148.0M | 148.0M | 106.0M | 106.0M | 79.5M | 79.5M | 79.5M | 56.0M |
| Capital Reserve | 1.1B | 741.0M | 741.0M | 783.0M | 783.0M | 41.6M | 41.6M | 41.6M | 6.0M |
| Surplus Reserve | 75.9M | 39.4M | 39.4M | 38.0M | 30.3M | 19.7M | 11.4M | 5.7M | 15.8M |
| Retained Earnings | 567.0M | 561.0M | 551.0M | 534.0M | 455.0M | 317.0M | 176.0M | 92.9M | 48.5M |
| Minority Equity | -- | 1.1M | 253,900 | 840,600 | 1.5M | 1.4M | 892,600 | -146,600 | -596,500 |
| Equity Attributable | 1.9B | 1.5B | 1.5B | 1.5B | 1.4B | 458.0M | 309.0M | 220.0M | 126.0M |
| Total Equity | 1.9B | 1.5B | 1.5B | 1.5B | 1.4B | 459.0M | 310.0M | 220.0M | 126.0M |
| 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 | 473.0M | 487.0M | 494.0M | 594.0M | 666.0M | 636.0M | 551.0M | 533.0M | 431.0M |
| Tax Refunds Received | 11.8M | 11.8M | 12.0M | 23.7M | 13.1M | 14.2M | 6.4M | 7.3M | 8.5M |
| Total Operating Cash Inflow | 522.0M | 518.0M | 541.0M | 684.0M | 707.0M | 663.0M | 587.0M | 562.0M | 454.0M |
| Cash Paid For Goods | 250.0M | 218.0M | 273.0M | 383.0M | 317.0M | 311.0M | 266.0M | 300.0M | 194.0M |
| Cash Paid To Employees | 162.0M | 138.0M | 134.0M | 146.0M | 120.0M | 118.0M | 103.0M | 82.2M | 73.0M |
| Taxes Paid | 34.5M | 46.0M | 46.5M | 67.6M | 70.0M | 73.1M | 57.1M | 41.6M | 38.6M |
| Total Operating Cash Outflow | 492.0M | 456.0M | 505.0M | 652.0M | 635.0M | 559.0M | 493.0M | 489.0M | 369.0M |
| Operating Cash Flow | 29.7M | 62.0M | 36.6M | 32.3M | 72.3M | 104.0M | 93.3M | 73.4M | 84.5M |
| Total Investing Cash Inflow | 1.0B | 1.4B | 1.2B | 1.7B | 646.0M | 463.0M | 102,000 | 17,700 | 2.6M |
| Total Investing Cash Outflow | 1.2B | 1.4B | 1.0B | 2.0B | 726.0M | 574.0M | 68.6M | 26.0M | 80.1M |
| Investing Cash Flow | -134.0M | -54.4M | 174.0M | -247.0M | -79.7M | -112.0M | -68.5M | -26.0M | -77.5M |
| Cash From Borrowings | -- | -- | -- | 25.0M | 15.0M | 15.6M | 23.8M | 54.1M | 24.8M |
| Dividends And Interest Paid | -- | -- | 32.4M | 37.8M | 1.4M | 2.5M | 15.4M | 10.1M | 113.0M |
| Debt Repayments | -- | -- | 15.0M | 25.0M | 35.8M | 15.0M | 37.8M | 19.9M | 19.9M |
| Total Financing Cash Inflow | 440.0M | 111.0M | 50.5M | 56.4M | 800.0M | 15.6M | 23.8M | 84.7M | 67.8M |
| Total Financing Cash Outflow | 69.6M | 124.0M | 120.0M | 93.7M | 59.5M | 19.2M | 54.2M | 31.6M | 134.0M |
| Financing Cash Flow | 370.0M | -12.4M | -69.5M | -37.3M | 741.0M | -3.6M | -30.4M | 53.1M | -66.2M |
| Net Change In Cash | 266.0M | -4.9M | 141.0M | -252.0M | 733.0M | -10.9M | -5.6M | 101.0M | -59.2M |
| Ending Cash Balance | 1.0B | 769.0M | 774.0M | 633.0M | 885.0M | 151.0M | 162.0M | 168.0M | 67.4M |
| Capex | 46.3M | 76.1M | 83.4M | 147.0M | 27.8M | 44.3M | 38.6M | 26.0M | 80.1M |