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 | 925.0M | 1.2B | 1.2B | 1.0B | 863.0M | 797.0M | 668.0M | 532.0M | 388.0M |
| Revenue Growth % | -21.6% | -4.5% | 21.8% | 17.6% | 8.3% | 19.3% | 25.6% | 37.1% | -- |
| Total Revenue | 925.0M | 1.2B | 1.2B | 1.0B | 863.0M | 797.0M | 668.0M | 532.0M | 388.0M |
| Cost Of Revenue | 750.0M | 925.0M | 881.0M | 721.0M | 600.0M | 551.0M | 451.0M | 368.0M | 273.0M |
| Gross Profit | 175.0M | 255.0M | 355.0M | 294.0M | 263.0M | 246.0M | 217.0M | 164.0M | 115.0M |
| Gross Margin % | 18.9% | 21.6% | 28.7% | 29.0% | 30.5% | 30.9% | 32.5% | 30.8% | 29.6% |
| Total Operating Cost | 921.0M | 1.1B | 1.1B | 902.0M | 757.0M | 700.0M | 584.0M | 464.0M | 351.0M |
| Selling Expenses | 23.3M | 21.6M | 33.9M | 40.5M | 44.1M | 43.4M | 38.2M | 34.9M | 30.5M |
| Admin Expenses | 63.8M | 63.6M | 67.6M | 59.2M | 40.7M | 44.8M | 43.8M | 27.7M | 21.6M |
| Rd Expenses | 69.4M | 79.7M | 82.7M | 64.4M | 56.7M | 46.2M | 32.4M | 17.7M | 13.5M |
| Finance Expenses | 1.2M | -2.3M | -1.0M | -2.8M | 6.4M | 7.5M | 9.6M | 6.4M | 6.0M |
| Operating Income | 16.6M | 102.0M | 147.0M | 127.0M | 109.0M | 109.0M | 86.0M | 70.5M | 37.1M |
| Operating Margin % | 1.8% | 8.6% | 11.9% | 12.5% | 12.6% | 13.7% | 12.9% | 13.3% | 9.6% |
| Non Operating Income | 588,300 | 77,100 | 2.0M | 7.4M | 5.5M | 360,900 | 341,600 | 118,400 | 5.6M |
| Non Operating Expenses | 1.9M | 668,400 | 628,300 | 58,700 | 303,100 | 5,100 | 102,800 | -- | 216,800 |
| Investment Income | -- | -- | -- | 1.1M | -- | -- | 455,500 | -- | -- |
| Fair Value Change Income | -- | -- | -- | 1.9M | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 8,300 | -- | -1.9M | -659,100 | -554,200 | -1.6M | -125,100 | -200.00 |
| Asset Impairment Loss | 5.2M | 1.8M | 1.9M | 1.4M | 2.4M | 3.0M | 2.8M | 4.3M | 959,800 |
| Other Income | 13.3M | 16.4M | 4.4M | 12.8M | 2.9M | 13.3M | 3.3M | 3.3M | -- |
| Income Before Tax | 15.3M | 101.0M | 148.0M | 135.0M | 114.0M | 110.0M | 86.2M | 70.7M | 42.4M |
| Income Tax | -4.3M | 5.0M | 3.8M | 12.4M | 10.6M | 10.6M | 8.7M | 8.8M | 10.0M |
| Net Income | 19.6M | 96.0M | 144.0M | 122.0M | 103.0M | 98.9M | 77.5M | 61.8M | 32.4M |
| Net Margin % | 2.1% | 8.1% | 11.7% | 12.0% | 11.9% | 12.4% | 11.6% | 11.6% | 8.3% |
| Net Income Attributable | 19.6M | 96.0M | 144.0M | 122.0M | 103.0M | 98.9M | 77.5M | 61.8M | 32.4M |
| Eps Basic | 0.13 | 0.62 | 0.93 | 0.79 | 0.82 | 0.85 | 0.66 | 0.85 | 0.45 |
| Eps Diluted | 0.13 | 0.60 | 0.89 | 0.79 | 0.82 | 0.85 | 0.66 | 0.85 | 0.45 |
| 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 | 936.0M | 1.2B | 1.3B | 575.0M | 666.0M | 376.0M | 347.0M | 314.0M | 317.0M |
| Accounts Receivable | 526.0M | 491.0M | 437.0M | 345.0M | 296.0M | 242.0M | 199.0M | 135.0M | 112.0M |
| Notes Receivable | 57.0M | 132.0M | 183.0M | 30.2M | 3.4M | 7.6M | 56.1M | 61.0M | 28.5M |
| Notes And Accounts Receivable | 583.0M | 623.0M | 619.0M | 376.0M | 300.0M | 250.0M | 255.0M | 196.0M | 141.0M |
| Prepayments | 30.7M | 43.3M | 23.5M | 11.1M | 19.2M | 16.8M | 10.5M | 25.4M | 25.4M |
| Inventory | 408.0M | 291.0M | 294.0M | 237.0M | 202.0M | 191.0M | 190.0M | 139.0M | 142.0M |
| Total Current Assets | 2.0B | 2.2B | 2.3B | 1.3B | 1.3B | 894.0M | 819.0M | 689.0M | 642.0M |
| Fixed Assets | -- | 594.0M | 535.0M | 334.0M | 338.0M | 350.0M | 355.0M | -- | -- |
| Fixed Assets Total | 774.0M | 594.0M | 535.0M | 334.0M | 338.0M | 350.0M | 355.0M | 145.0M | 133.0M |
| Construction In Progress | -- | 67.2M | 27.1M | 98.0M | 141,700 | -- | 6.4M | -- | -- |
| Construction In Progress Total | 120.0M | 67.2M | 27.1M | 98.0M | 141,700 | -- | 6.4M | 125.0M | 75.4M |
| Intangible Assets | 94.2M | 97.1M | 79.5M | 80.9M | 84.0M | 86.6M | 76.2M | 39.1M | 33.1M |
| Long Term Deferred Expenses | 905,600 | 2.0M | 2.0M | 2.9M | 3.9M | 5.0M | 6.1M | 36.4M | 39.0M |
| Total Non Current Assets | 1.1B | 827.0M | 704.0M | 583.0M | 460.0M | 446.0M | 450.0M | 369.0M | 308.0M |
| Total Assets | 3.1B | 3.1B | 3.0B | 1.9B | 1.7B | 1.3B | 1.3B | 1.1B | 950.0M |
| Short Term Borrowings | 139.0M | 200.0M | 200.0M | -- | 70.0M | 242.0M | 292.0M | 232.0M | 248.0M |
| Accounts Payable | 596.0M | 507.0M | 470.0M | 321.0M | 266.0M | 183.0M | 165.0M | 129.0M | 146.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 127.0M | 150.0M | 102.0M | 76.6M |
| Contract Liabilities | 125.0M | 48.1M | 57.6M | 95.1M | 74.0M | -- | -- | -- | -- |
| Total Current Liabilities | 968.0M | 950.0M | 971.0M | 497.0M | 480.0M | 619.0M | 641.0M | 508.0M | 509.0M |
| Long Term Borrowings | 10.8M | 12.2M | 13.2M | 14.2M | 15.2M | 16.2M | 17.2M | 18.2M | 18.5M |
| Total Non Current Liabilities | 518.0M | 492.0M | 473.0M | 22.4M | 23.0M | 22.3M | 24.0M | 20.4M | 18.6M |
| Total Liabilities | 1.5B | 1.4B | 1.4B | 520.0M | 503.0M | 641.0M | 665.0M | 528.0M | 528.0M |
| Paid In Capital | 155.0M | 155.0M | 155.0M | 155.0M | 155.0M | 117.0M | 117.0M | 117.0M | 72.5M |
| Capital Reserve | 629.0M | 627.0M | 627.0M | 626.0M | 624.0M | 217.0M | 214.0M | 212.0M | 203.0M |
| Surplus Reserve | 79.7M | 71.8M | 63.8M | 56.6M | 50.3M | 44.1M | 37.7M | 33.0M | 26.2M |
| Retained Earnings | 706.0M | 707.0M | 634.0M | 509.0M | 403.0M | 319.0M | 230.0M | 162.0M | 112.0M |
| Equity Attributable | 1.6B | 1.6B | 1.5B | 1.3B | 1.2B | 699.0M | 604.0M | 531.0M | 422.0M |
| Total Equity | 1.6B | 1.6B | 1.5B | 1.3B | 1.2B | 699.0M | 604.0M | 531.0M | 422.0M |
| 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 | 850.0M | 891.0M | 888.0M | 787.0M | 657.0M | 713.0M | 636.0M | 566.0M | 389.0M |
| Tax Refunds Received | 736,600 | 298,100 | 4.5M | 196,200 | 5.2M | 421,800 | -- | 9,600 | 300.00 |
| Total Operating Cash Inflow | 901.0M | 951.0M | 919.0M | 825.0M | 677.0M | 736.0M | 647.0M | 575.0M | 394.0M |
| Cash Paid For Goods | 547.0M | 585.0M | 536.0M | 450.0M | 388.0M | 397.0M | 367.0M | 352.0M | 198.0M |
| Cash Paid To Employees | 194.0M | 191.0M | 175.0M | 153.0M | 119.0M | 121.0M | 106.0M | 87.8M | 66.5M |
| Taxes Paid | 42.6M | 39.7M | 53.6M | 59.9M | 56.4M | 47.1M | 41.8M | 53.2M | 35.6M |
| Total Operating Cash Outflow | 840.0M | 895.0M | 812.0M | 706.0M | 613.0M | 621.0M | 572.0M | 524.0M | 338.0M |
| Operating Cash Flow | 60.6M | 56.3M | 107.0M | 119.0M | 64.8M | 115.0M | 74.6M | 51.4M | 55.9M |
| Total Investing Cash Inflow | 24,000 | 20,900 | 945.00 | 303.0M | 19,000 | 592.00 | 1.4M | 63,900 | -- |
| Total Investing Cash Outflow | 242.0M | 120.0M | 60.9M | 425.0M | 34.5M | 23.5M | 88.0M | 60.6M | 21.1M |
| Investing Cash Flow | -242.0M | -120.0M | -60.9M | -122.0M | -34.5M | -23.5M | -86.6M | -60.5M | -21.1M |
| Cash From Borrowings | 139.0M | 205.0M | 240.0M | -- | 254.0M | 242.0M | 477.0M | 242.0M | 243.0M |
| Dividends And Interest Paid | 19.2M | 21.2M | 15.1M | 11.0M | 21.7M | 15.1M | 17.7M | 26.6M | 12.5M |
| Debt Repayments | 201.0M | 206.0M | 41.0M | 71.0M | 427.0M | 293.0M | 417.0M | 258.0M | 147.0M |
| Total Financing Cash Inflow | 141.0M | 205.0M | 731.0M | 2.8M | 720.0M | 245.0M | 510.0M | 291.0M | 247.0M |
| Total Financing Cash Outflow | 223.0M | 229.0M | 66.6M | 91.3M | 460.0M | 308.0M | 435.0M | 315.0M | 160.0M |
| Financing Cash Flow | -81.8M | -23.8M | 664.0M | -88.5M | 260.0M | -63.3M | 74.9M | -24.2M | 87.5M |
| Net Change In Cash | -262.0M | -87.4M | 712.0M | -92.4M | 290.0M | 28.9M | 62.9M | -33.3M | 122.0M |
| Ending Cash Balance | 935.0M | 1.2B | 1.3B | 573.0M | 666.0M | 376.0M | 347.0M | 284.0M | 317.0M |
| Capex | 242.0M | 120.0M | 60.9M | 124.0M | 34.5M | 23.5M | 88.0M | 60.6M | 21.1M |