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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 627.0M | 461.0M | 619.0M | 530.0M | 368.0M | 311.0M | 306.0M | 295.0M | 235.0M | 242.0M |
| Revenue Growth % | 36.0% | -25.5% | 16.8% | 44.0% | 18.3% | 1.6% | 3.7% | 25.5% | -2.9% | -- |
| Total Revenue | 627.0M | 461.0M | 619.0M | 530.0M | 368.0M | 311.0M | 306.0M | 295.0M | 235.0M | 242.0M |
| Cost Of Revenue | 439.0M | 309.0M | 386.0M | 321.0M | 222.0M | 202.0M | 189.0M | 178.0M | 142.0M | 152.0M |
| Gross Profit | 188.0M | 152.0M | 233.0M | 209.0M | 146.0M | 109.0M | 117.0M | 117.0M | 93.0M | 90.0M |
| Gross Margin % | 30.0% | 33.0% | 37.6% | 39.4% | 39.7% | 35.0% | 38.2% | 39.7% | 39.6% | 37.2% |
| Total Operating Cost | 535.0M | 370.0M | 444.0M | 406.0M | 288.0M | 248.0M | 235.0M | 229.0M | 180.0M | 188.0M |
| Selling Expenses | 17.8M | 11.6M | 11.5M | 10.5M | 10.4M | 8.8M | 8.3M | 8.0M | 6.7M | 6.1M |
| Admin Expenses | 47.6M | 29.5M | 40.8M | 33.4M | 23.0M | 19.1M | 19.6M | 16.5M | 18.1M | 16.2M |
| Rd Expenses | 33.4M | 22.2M | 21.0M | 16.7M | 14.1M | 13.6M | 13.0M | 12.6M | 10.8M | 9.5M |
| Finance Expenses | -16.3M | -14.7M | -37.5M | 6.0M | 7.6M | -2.7M | -3.1M | 5.7M | -2.0M | -198,300 |
| Operating Income | 97.8M | 100.0M | 175.0M | 131.0M | 84.1M | 64.0M | 72.1M | 66.4M | 54.6M | 53.7M |
| Operating Margin % | 15.6% | 21.7% | 28.3% | 24.7% | 22.8% | 20.6% | 23.6% | 22.5% | 23.2% | 22.2% |
| Non Operating Income | 111,200 | 1,000 | 25,700 | 2.00 | 41,800 | 500.00 | 2.1M | -- | 772,300 | 617,500 |
| Non Operating Expenses | 2.7M | 1.1M | 570,100 | 224,800 | 3,000 | 550,400 | 313,100 | 57,500 | 355,600 | 289,500 |
| Investment Income | 4.0M | 1.2M | -2.3M | 3.6M | 701,100 | 74,200 | -- | -- | -- | -- |
| Fair Value Change Income | 1.3M | 4.7M | 1.7M | 3.1M | -- | 3,600 | -- | -- | -- | -- |
| Asset Disposal Income | -709,500 | 189,700 | 10,300 | -729,200 | -59,100 | -156,000 | -89,700 | -348,000 | -261,000 | -10,500 |
| Asset Impairment Loss | 5.7M | 8.0M | 16.5M | 7.5M | 5.7M | 3.5M | 3.7M | 4.7M | 1.2M | 3.1M |
| Other Income | 1.1M | 3.3M | 544,500 | 569,700 | 2.7M | 1.8M | 587,600 | 554,700 | -- | -- |
| Income Before Tax | 95.2M | 99.3M | 174.0M | 131.0M | 84.1M | 63.5M | 73.8M | 66.3M | 55.0M | 54.1M |
| Income Tax | 11.6M | 11.2M | 24.2M | 19.3M | 12.3M | 8.5M | 10.7M | 9.7M | 8.7M | 7.7M |
| Net Income | 83.6M | 88.1M | 150.0M | 111.0M | 71.8M | 54.9M | 63.2M | 56.6M | 46.3M | 46.3M |
| Net Margin % | 13.3% | 19.1% | 24.2% | 20.9% | 19.5% | 17.7% | 20.6% | 19.2% | 19.7% | 19.1% |
| Net Income Attributable | 80.7M | 88.1M | 150.0M | 111.0M | 71.8M | 55.4M | 63.5M | 56.6M | 46.3M | 46.3M |
| Minority Interest | 2.8M | -37,700 | 1,600 | 91,200 | -29,800 | -482,900 | -353,700 | -- | 600.00 | -400.00 |
| Eps Basic | 0.96 | 1.10 | 1.88 | 1.48 | 1.20 | 0.92 | 1.06 | 0.94 | 0.77 | -- |
| Eps Diluted | 0.95 | 1.07 | 1.88 | 1.48 | 1.20 | 0.92 | 1.06 | 0.94 | 0.77 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 241.0M | 555.0M | 657.0M | 279.0M | 176.0M | 93.5M | 71.2M | 86.9M | 52.6M | 24.8M |
| Trading Financial Assets | 300.0M | 230.0M | 301.0M | 301.0M | -- | 18.0M | -- | -- | -- | -- |
| Accounts Receivable | 340.0M | 155.0M | 182.0M | 201.0M | 109.0M | 127.0M | 122.0M | -- | -- | -- |
| Notes Receivable | 10.0M | 9.6M | 1.6M | 6.6M | 32.1M | 27.4M | 25.0M | -- | -- | -- |
| Notes And Accounts Receivable | 350.0M | 165.0M | 184.0M | 207.0M | 142.0M | 155.0M | 147.0M | 100.0M | 91.1M | 86.7M |
| Prepayments | 41.2M | 3.1M | 4.3M | 10.1M | 5.5M | 1.8M | 3.0M | 3.3M | 2.2M | 1.9M |
| Inventory | 388.0M | 93.7M | 104.0M | 110.0M | 51.4M | 47.1M | 44.9M | 52.4M | 31.3M | 32.8M |
| Total Current Assets | 1.4B | 1.1B | 1.3B | 912.0M | 375.0M | 318.0M | 267.0M | 244.0M | 178.0M | 162.0M |
| Fixed Assets | -- | 85.5M | 87.4M | 85.9M | 79.4M | 84.0M | 81.3M | -- | -- | -- |
| Fixed Assets Total | 462.0M | 85.5M | 87.4M | 85.9M | 79.4M | 84.0M | 81.3M | 88.0M | 84.1M | 61.5M |
| Construction In Progress | -- | 203.0M | 49.3M | 216,100 | 31,200 | 31,200 | 5.5M | -- | -- | -- |
| Construction In Progress Total | 86.8M | 203.0M | 49.3M | 216,100 | 31,200 | 31,200 | 5.5M | -- | -- | 16.3M |
| Intangible Assets | 93.3M | 27.2M | 27.7M | 17.2M | 18.2M | 19.2M | 17.6M | 17.6M | 17.8M | 18.3M |
| Long Term Deferred Expenses | 4.3M | 1.4M | 1.2M | 892,400 | 928,500 | 1.4M | 2.4M | 1.9M | 2.0M | -- |
| Total Non Current Assets | 1.5B | 479.0M | 254.0M | 118.0M | 107.0M | 111.0M | 112.0M | 112.0M | 106.0M | 99.7M |
| Total Assets | 2.9B | 1.5B | 1.5B | 1.0B | 482.0M | 429.0M | 379.0M | 356.0M | 283.0M | 261.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 10.0M | 20.0M | 20.0M | 20.0M | 20.0M |
| Accounts Payable | 237.0M | 46.5M | 72.4M | 82.2M | 39.2M | 45.6M | 34.4M | -- | -- | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 193,400 | 64,300 | 742,900 | 774,800 | 1.2M |
| Contract Liabilities | 293.0M | 749,100 | 741,800 | 701,900 | 697,500 | -- | -- | -- | -- | -- |
| Total Current Liabilities | 697.0M | 114.0M | 182.0M | 165.0M | 81.9M | 83.1M | 70.5M | 87.8M | 71.7M | 67.1M |
| Total Non Current Liabilities | 309.0M | 278.0M | 243.0M | 4.1M | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 1.0B | 392.0M | 424.0M | 169.0M | 81.9M | 83.1M | 70.5M | 87.8M | 71.7M | 67.1M |
| Paid In Capital | 95.0M | 80.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M | 39.8M |
| Capital Reserve | 1.1B | 494.0M | 494.0M | 494.0M | 164.0M | 164.0M | 164.0M | 141.0M | 141.0M | 4.0M |
| Surplus Reserve | 47.5M | 40.0M | 40.0M | 34.8M | 23.5M | 16.3M | 10.5M | 6.7M | 1.1M | 15.0M |
| Retained Earnings | 482.0M | 428.0M | 372.0M | 251.0M | 151.0M | 105.0M | 73.2M | 60.5M | 9.5M | 135.0M |
| Minority Equity | 144.0M | 943,300 | 981,000 | 979,400 | 888,200 | 918,000 | 795,600 | -- | -- | 992,300 |
| Equity Attributable | 1.8B | 1.1B | 1.1B | 859.0M | 399.0M | 345.0M | 308.0M | 268.0M | 212.0M | 193.0M |
| Total Equity | 1.9B | 1.1B | 1.1B | 860.0M | 400.0M | 346.0M | 308.0M | 268.0M | 212.0M | 194.0M |
| 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 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 555.0M | 454.0M | 659.0M | 448.0M | 362.0M | 280.0M | 246.0M | 237.0M | 213.0M | 191.0M |
| Tax Refunds Received | 14.4M | 9.4M | 13.9M | 12.6M | 1.7M | 1.5M | 233,200 | 48,800 | -- | -- |
| Total Operating Cash Inflow | 585.0M | 483.0M | 682.0M | 464.0M | 369.0M | 284.0M | 250.0M | 238.0M | 214.0M | 193.0M |
| Cash Paid For Goods | 241.0M | 220.0M | 327.0M | 265.0M | 171.0M | 120.0M | 133.0M | 105.0M | 85.0M | 98.2M |
| Cash Paid To Employees | 139.0M | 115.0M | 118.0M | 91.7M | 64.5M | 64.0M | 61.0M | 49.0M | 41.7M | 43.1M |
| Taxes Paid | 39.2M | 25.7M | 33.2M | 20.7M | 18.1M | 19.8M | 23.2M | 19.5M | 25.5M | 20.0M |
| Total Operating Cash Outflow | 448.0M | 383.0M | 507.0M | 398.0M | 266.0M | 216.0M | 230.0M | 185.0M | 163.0M | 170.0M |
| Operating Cash Flow | 137.0M | 99.7M | 174.0M | 66.2M | 103.0M | 67.9M | 20.3M | 52.5M | 51.5M | 22.7M |
| Total Investing Cash Inflow | 1.8B | 2.9B | 1.0B | 536.0M | 479.0M | 64.2M | 127,900 | 20,500 | 16.1M | 14.9M |
| Total Investing Cash Outflow | 2.5B | 3.0B | 1.2B | 864.0M | 467.0M | 86.6M | 13.3M | 12.5M | 8.0M | 32.8M |
| Investing Cash Flow | -722.0M | -136.0M | -136.0M | -329.0M | 11.3M | -22.4M | -13.2M | -12.4M | 8.1M | -17.8M |
| Cash From Borrowings | 70.0M | -- | -- | 9.6M | -- | 30.0M | 29.6M | 20.0M | 30.0M | 20.0M |
| Dividends And Interest Paid | 22.1M | 33.4M | 24.0M | 59,700 | 18.2M | 18.8M | 25.1M | 882,100 | 51.0M | 1.2M |
| Debt Repayments | 70.0M | -- | -- | 9.6M | 10.0M | 40.0M | 29.6M | 20.0M | 30.0M | 24.0M |
| Total Financing Cash Inflow | 363.0M | -- | 338.0M | 381.0M | -- | 30.6M | 30.7M | 20.0M | 94.3M | 20.0M |
| Total Financing Cash Outflow | 106.0M | 41.4M | 26.4M | 30.2M | 28.8M | 59.1M | 56.7M | 20.9M | 129.0M | 27.2M |
| Financing Cash Flow | 257.0M | -41.4M | 311.0M | 351.0M | -28.8M | -28.5M | -26.0M | -882,100 | -34.7M | -7.2M |
| Net Change In Cash | -320.0M | -74.4M | 371.0M | 84.5M | 79.9M | 19.1M | -15.6M | 34.2M | 27.8M | -1.5M |
| Ending Cash Balance | 231.0M | 551.0M | 626.0M | 255.0M | 170.0M | 90.3M | 71.2M | 86.8M | 52.6M | 24.8M |
| Capex | 136.0M | 205.0M | 133.0M | 22.1M | 7.5M | 4.6M | 13.3M | 12.5M | 8.0M | 17.9M |