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 |
|---|---|---|---|---|---|
| Revenue | 892.0M | 773.0M | 738.0M | 659.0M | 514.0M |
| Revenue Growth % | 15.4% | 4.7% | 12.0% | 28.2% | -- |
| Total Revenue | 892.0M | 773.0M | 738.0M | 659.0M | 514.0M |
| Cost Of Revenue | 642.0M | 571.0M | 562.0M | 473.0M | 371.0M |
| Gross Profit | 250.0M | 202.0M | 176.0M | 186.0M | 143.0M |
| Gross Margin % | 28.0% | 26.1% | 23.8% | 28.2% | 27.8% |
| Total Operating Cost | 735.0M | 645.0M | 621.0M | 518.0M | 414.0M |
| Selling Expenses | 5.9M | 6.0M | 4.8M | 4.4M | 3.7M |
| Admin Expenses | 46.3M | 40.9M | 35.0M | 31.8M | 21.7M |
| Rd Expenses | 28.9M | 23.6M | 20.4M | 17.8M | 14.1M |
| Finance Expenses | 3.1M | -8.6M | -12.1M | -15.8M | -1.8M |
| Operating Income | 165.0M | 131.0M | 124.0M | 145.0M | 103.0M |
| Operating Margin % | 18.5% | 16.9% | 16.8% | 22.0% | 20.0% |
| Non Operating Income | 4,500 | 681,000 | 662,800 | 3.0M | 2.7M |
| Non Operating Expenses | 442,600 | 769,000 | 164,600 | 142,500 | 251,600 |
| Investment Income | -- | -- | 1.5M | 1.7M | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -49,900 | 55,500 | 1.8M | 23,700 | -32,000 |
| Asset Impairment Loss | 1.3M | 3.9M | 3.2M | 1.0M | 294,900 |
| Other Income | 7.5M | 2.4M | 3.4M | 1.6M | 2.5M |
| Income Before Tax | 164.0M | 131.0M | 124.0M | 147.0M | 106.0M |
| Income Tax | 22.9M | 19.9M | 19.4M | 26.1M | 17.4M |
| Net Income | 141.0M | 111.0M | 105.0M | 121.0M | 88.2M |
| Net Margin % | 15.8% | 14.4% | 14.2% | 18.4% | 17.2% |
| Net Income Attributable | 141.0M | 111.0M | 105.0M | 121.0M | 88.2M |
| Eps Basic | 0.54 | 0.43 | 0.40 | 0.47 | 0.44 |
| Eps Diluted | 0.54 | 0.43 | 0.40 | 0.47 | 0.44 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 226.0M | 288.0M | 627.0M | 519.0M | 616.0M |
| Trading Financial Assets | -- | -- | -- | 60.0M | 40.0M |
| Accounts Receivable | 147.0M | 126.0M | 97.8M | 76.3M | 59.8M |
| Notes Receivable | 2.9M | 2.9M | 2.1M | 2.0M | 1.4M |
| Notes And Accounts Receivable | 150.0M | 129.0M | 99.9M | 78.3M | 61.2M |
| Prepayments | 3.5M | 6.4M | 4.3M | 8.7M | 19.3M |
| Inventory | 216.0M | 166.0M | 201.0M | 171.0M | 149.0M |
| Total Current Assets | 622.0M | 628.0M | 948.0M | 857.0M | 901.0M |
| Fixed Assets | -- | 364.0M | 401.0M | 453.0M | 327.0M |
| Fixed Assets Total | 666.0M | 364.0M | 401.0M | 453.0M | 327.0M |
| Construction In Progress | -- | 410.0M | 20.5M | 9.4M | 79.8M |
| Construction In Progress Total | 359.0M | 410.0M | 20.5M | 9.4M | 79.8M |
| Intangible Assets | 155.0M | 159.0M | 50.2M | 39.8M | 23.9M |
| Total Non Current Assets | 1.3B | 1.0B | 613.0M | 596.0M | 437.0M |
| Total Assets | 1.9B | 1.7B | 1.6B | 1.5B | 1.3B |
| Short Term Borrowings | 55.0M | 10.0M | -- | -- | -- |
| Accounts Payable | 103.0M | 104.0M | 70.7M | 38.0M | 18.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 437,000 | 2.5M | 2.7M | 1.6M | 883,700 |
| Total Current Liabilities | 193.0M | 162.0M | 128.0M | 86.8M | 35.1M |
| Long Term Borrowings | 106.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 128.0M | 16.2M | 35.0M | 54.2M | 13.3M |
| Total Liabilities | 321.0M | 178.0M | 163.0M | 141.0M | 48.4M |
| Paid In Capital | 260.0M | 260.0M | 260.0M | 260.0M | 260.0M |
| Capital Reserve | 615.0M | 615.0M | 615.0M | 615.0M | 615.0M |
| Surplus Reserve | 55.7M | 47.7M | 42.5M | 37.9M | 30.3M |
| Retained Earnings | 648.0M | 566.0M | 481.0M | 400.0M | 385.0M |
| Equity Attributable | 1.6B | 1.5B | 1.4B | 1.3B | 1.3B |
| Total Equity | 1.6B | 1.5B | 1.4B | 1.3B | 1.3B |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 979.0M | 840.0M | 820.0M | 741.0M | 588.0M |
| Tax Refunds Received | 8.7M | 129,800 | 187,200 | 309,200 | 133,100 |
| Total Operating Cash Inflow | 989.0M | 844.0M | 824.0M | 747.0M | 596.0M |
| Cash Paid For Goods | 626.0M | 434.0M | 471.0M | 386.0M | 330.0M |
| Cash Paid To Employees | 93.7M | 87.2M | 81.4M | 67.8M | 52.8M |
| Taxes Paid | 37.2M | 72.8M | 53.3M | 67.9M | 43.9M |
| Total Operating Cash Outflow | 806.0M | 641.0M | 653.0M | 567.0M | 463.0M |
| Operating Cash Flow | 183.0M | 203.0M | 171.0M | 180.0M | 134.0M |
| Total Investing Cash Inflow | 3.5M | 12.3M | 257.0M | 218.0M | 3.1M |
| Total Investing Cash Outflow | 355.0M | 533.0M | 291.0M | 360.0M | 136.0M |
| Investing Cash Flow | -352.0M | -520.0M | -33.1M | -142.0M | -133.0M |
| Cash From Borrowings | 203.0M | 10.0M | -- | -- | 210.0M |
| Dividends And Interest Paid | 53.0M | 20.9M | 18.2M | 98.8M | 1.4M |
| Debt Repayments | 33.2M | -- | -- | -- | 296.0M |
| Total Financing Cash Inflow | 211.0M | 10.0M | -- | -- | 727.0M |
| Total Financing Cash Outflow | 92.6M | 34.2M | 31.5M | 148.0M | 297.0M |
| Financing Cash Flow | 119.0M | -24.2M | -31.5M | -148.0M | 429.0M |
| Net Change In Cash | -53.0M | -342.0M | 106.0M | -110.0M | 431.0M |
| Ending Cash Balance | 216.0M | 269.0M | 611.0M | 505.0M | 615.0M |
| Capex | 339.0M | 517.0M | 94.9M | 83.6M | 95.9M |