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 | 501.0M | 431.0M | 376.0M | 309.0M | 285.0M |
| Revenue Growth % | 16.2% | 14.6% | 21.7% | 8.4% | -- |
| Total Revenue | 501.0M | 431.0M | 376.0M | 309.0M | 285.0M |
| Cost Of Revenue | 302.0M | 257.0M | 227.0M | 183.0M | 161.0M |
| Gross Profit | 199.0M | 174.0M | 149.0M | 126.0M | 124.0M |
| Gross Margin % | 39.7% | 40.4% | 39.6% | 40.8% | 43.5% |
| Total Operating Cost | 460.0M | 404.0M | 360.0M | 293.0M | 266.0M |
| Selling Expenses | 67.3M | 60.8M | 62.9M | 53.8M | 37.9M |
| Admin Expenses | 25.4M | 24.2M | 22.2M | 20.7M | 23.5M |
| Rd Expenses | 41.0M | 35.0M | 34.0M | 26.8M | 24.0M |
| Finance Expenses | 5.4M | 5.9M | 5.0M | 4.5M | 5.0M |
| Operating Income | 61.8M | 50.4M | 39.2M | 33.8M | 33.4M |
| Operating Margin % | 12.3% | 11.7% | 10.4% | 10.9% | 11.7% |
| Non Operating Income | 448,100 | 220,800 | 116,600 | 297,700 | 369,700 |
| Non Operating Expenses | 1.2M | 706,700 | 10,400 | 23,900 | 1.9M |
| Investment Income | -224,800 | 4.8M | 6.8M | 4.2M | 2.5M |
| Asset Disposal Income | -1.0M | -2.2M | -- | -- | -141,400 |
| Asset Impairment Loss | 2.5M | 251,700 | -21,300 | 3.9M | 4.7M |
| Other Income | 22.3M | 20.4M | 16.6M | 13.2M | 12.7M |
| Income Before Tax | 61.1M | 49.9M | 39.3M | 34.0M | 31.8M |
| Income Tax | 5.2M | 4.9M | 2.3M | 5.4M | 5.7M |
| Net Income | 55.9M | 44.9M | 37.0M | 28.6M | 26.1M |
| Net Margin % | 11.1% | 10.4% | 9.8% | 9.3% | 9.1% |
| Net Income Attributable | 55.6M | 44.6M | 37.3M | 29.2M | 27.1M |
| Minority Interest | 261,100 | 287,800 | -360,100 | -590,300 | -1.0M |
| Eps Basic | 0.18 | 0.15 | 0.12 | 0.16 | 0.17 |
| Eps Diluted | 0.18 | 0.15 | 0.12 | 0.16 | 0.16 |
| 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 | 76.5M | 115.0M | 56.8M | 79.2M | 26.9M |
| Accounts Receivable | 417.0M | 381.0M | 329.0M | 306.0M | 267.0M |
| Notes Receivable | 49.9M | 54.2M | 58.4M | 74.6M | 36.7M |
| Notes And Accounts Receivable | 467.0M | 435.0M | 387.0M | 381.0M | 304.0M |
| Prepayments | 7.0M | 11.5M | 23.8M | 14.9M | 7.8M |
| Inventory | 156.0M | 151.0M | 118.0M | 132.0M | 75.2M |
| Total Current Assets | 779.0M | 789.0M | 658.0M | 657.0M | 450.0M |
| Long Term Equity Investment | 137.0M | 126.0M | 119.0M | 113.0M | 91.7M |
| Fixed Assets | -- | 165.0M | 178.0M | 160.0M | 87.3M |
| Fixed Assets Total | 178.0M | 165.0M | 178.0M | 160.0M | 87.3M |
| Construction In Progress | -- | 17.7M | 11.0M | 7.6M | 121.0M |
| Construction In Progress Total | -- | 17.7M | 11.0M | 7.6M | 121.0M |
| Intangible Assets | 38.2M | 27.0M | 27.8M | 28.7M | 29.6M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 570.0M | 549.0M | 555.0M | 498.0M | 421.0M |
| Total Assets | 1.3B | 1.3B | 1.2B | 1.2B | 871.0M |
| Short Term Borrowings | 20.0M | 71.0M | 116.0M | 82.5M | 75.0M |
| Accounts Payable | 150.0M | 157.0M | 161.0M | 141.0M | 79.2M |
| Advance Receipts | 1.1M | 2.1M | 877,700 | 1.7M | -- |
| Contract Liabilities | 44.4M | 36.7M | 21.6M | 19.6M | 17.4M |
| Total Current Liabilities | 381.0M | 392.0M | 421.0M | 410.0M | 305.0M |
| Long Term Borrowings | 71.5M | 99.9M | 15.0M | 17.0M | 19.0M |
| Total Non Current Liabilities | 73.5M | 101.0M | 15.6M | 20.1M | 25.6M |
| Total Liabilities | 454.0M | 493.0M | 436.0M | 430.0M | 331.0M |
| Paid In Capital | 305.0M | 302.0M | 188.0M | 188.0M | 169.0M |
| Capital Reserve | 335.0M | 311.0M | 404.0M | 393.0M | 258.0M |
| Surplus Reserve | 60.2M | 55.1M | 50.6M | 46.8M | 43.7M |
| Retained Earnings | 219.0M | 176.0M | 141.0M | 112.0M | 91.0M |
| Minority Equity | 230,300 | 751,000 | 463,100 | 823,200 | 1.4M |
| Equity Attributable | 894.0M | 844.0M | 776.0M | 724.0M | 539.0M |
| Total Equity | 894.0M | 845.0M | 777.0M | 725.0M | 541.0M |
| 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 | 405.0M | 377.0M | 302.0M | 229.0M | 177.0M |
| Tax Refunds Received | 17.4M | 16.0M | 13.3M | 7.3M | 10.8M |
| Total Operating Cash Inflow | 468.0M | 423.0M | 338.0M | 256.0M | 207.0M |
| Cash Paid For Goods | 195.0M | 169.0M | 146.0M | 110.0M | 99.2M |
| Cash Paid To Employees | 80.3M | 66.8M | 63.2M | 56.4M | 45.6M |
| Taxes Paid | 33.7M | 36.1M | 25.4M | 17.7M | 15.8M |
| Total Operating Cash Outflow | 390.0M | 374.0M | 328.0M | 243.0M | 203.0M |
| Operating Cash Flow | 78.2M | 49.3M | 10.0M | 13.0M | 3.8M |
| Total Investing Cash Inflow | 1.7M | 100,200 | 2,050 | 115,800 | 241,100 |
| Total Investing Cash Outflow | 32.3M | 41.3M | 50.4M | 78.3M | 13.9M |
| Investing Cash Flow | -30.6M | -41.2M | -50.4M | -78.1M | -13.6M |
| Cash From Borrowings | 58.0M | 183.0M | 121.0M | 94.9M | 97.5M |
| Dividends And Interest Paid | 12.5M | 12.0M | 9.9M | 9.5M | 9.0M |
| Debt Repayments | 116.0M | 125.0M | 92.8M | 101.0M | 53.3M |
| Total Financing Cash Inflow | 68.8M | 189.0M | 121.0M | 243.0M | 119.0M |
| Total Financing Cash Outflow | 159.0M | 138.0M | 104.0M | 131.0M | 102.0M |
| Financing Cash Flow | -90.2M | 50.8M | 16.6M | 113.0M | 17.0M |
| Net Change In Cash | -42.6M | 58.9M | -23.7M | 47.5M | 7.2M |
| Ending Cash Balance | 66.6M | 109.0M | 50.3M | 74.0M | 26.6M |
| Capex | 30.2M | 38.9M | 47.0M | 69.1M | 13.9M |