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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0B | 1.1B | 800.0M | 288.0M | 255.0M | 239.0M | 203.0M | 270.0M | 270.0M | 277.0M | 302.0M | 275.0M | 213.0M | 133.0M |
| Revenue Growth % | -3.8% | 35.0% | 177.8% | 12.9% | 6.7% | 17.7% | -24.8% | 0.0% | -2.5% | -8.3% | 9.8% | 29.1% | 60.2% | -- |
| Total Revenue | 1.0B | 1.1B | 800.0M | 288.0M | 255.0M | 239.0M | 203.0M | 270.0M | 270.0M | 277.0M | 302.0M | 275.0M | 213.0M | 133.0M |
| Cost Of Revenue | 288.0M | 386.0M | 341.0M | 195.0M | 172.0M | 149.0M | 117.0M | 181.0M | 172.0M | 169.0M | 201.0M | 202.0M | 162.0M | 102.0M |
| Gross Profit | 751.0M | 694.0M | 459.0M | 93.0M | 83.0M | 90.0M | 86.0M | 89.0M | 98.0M | 108.0M | 101.0M | 73.0M | 51.0M | 31.0M |
| Gross Margin % | 72.3% | 64.3% | 57.4% | 32.3% | 32.5% | 37.7% | 42.4% | 33.0% | 36.3% | 39.0% | 33.4% | 26.5% | 23.9% | 23.3% |
| Total Operating Cost | 940.0M | 995.0M | 746.0M | 301.0M | 257.0M | 228.0M | 195.0M | 258.0M | 220.0M | 208.0M | 234.0M | 232.0M | 186.0M | 120.0M |
| Selling Expenses | 557.0M | 508.0M | 316.0M | 67.2M | 52.7M | 45.6M | 47.3M | 46.6M | 25.8M | 12.9M | 15.5M | 10.9M | 9.0M | 6.5M |
| Admin Expenses | 59.4M | 52.3M | 48.2M | 22.9M | 19.9M | 18.6M | 17.2M | 17.2M | 17.1M | 18.9M | 16.3M | 16.1M | 12.4M | 10.6M |
| Rd Expenses | 24.1M | 30.2M | 27.1M | 6.7M | 6.0M | 7.4M | 6.7M | 6.1M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -3.3M | -3.1M | -2.9M | -898,400 | 664,900 | 1,300 | -113,100 | -645,200 | -3.1M | 32,300 | -1.5M | 45,000 | 765,000 | 785,700 |
| Operating Income | 106.0M | 95.2M | 62.3M | -9.4M | 2.2M | 19.5M | 13.5M | 18.1M | 50.1M | 69.8M | 68.0M | 45.7M | 27.9M | 13.6M |
| Operating Margin % | 10.2% | 8.8% | 7.8% | -3.3% | 0.9% | 8.2% | 6.7% | 6.7% | 18.6% | 25.2% | 22.5% | 16.6% | 13.1% | 10.2% |
| Non Operating Income | 575,800 | 4.5M | 5.9M | 5.0M | 1.8M | 702,000 | -- | 36,500 | 4.6M | 2.2M | 3.1M | 2.7M | 2.0M | 2.9M |
| Non Operating Expenses | 2.8M | 2.6M | 2.1M | 319,300 | 203,000 | 201,400 | 8,500 | -- | -- | 70,800 | 23,000 | 190,200 | 125,200 | 17,500 |
| Investment Income | 600,000 | -- | 912,200 | 798,100 | 600,000 | 258,300 | 1.0M | 831,400 | -- | 275,200 | 803,200 | 2.9M | 1.1M | -- |
| Fair Value Change Income | -209,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -693,100 | -235,600 | -- | 70,200 | -- | -155,700 | 513,400 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 91,400 | 206,600 | 89,500 | 4.8M | 190,700 | -- | 3.1M | 2.0M | 2.9M | 3.2M | 127,900 | -21,200 | 974,800 | -578,300 |
| Other Income | 6.9M | 10.4M | 7.4M | 3.0M | 3.6M | 8.1M | 3.7M | 5.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 104.0M | 97.0M | 66.1M | -4.7M | 3.8M | 20.0M | 13.5M | 18.1M | 54.7M | 72.0M | 71.1M | 48.2M | 29.7M | 16.4M |
| Income Tax | 51.7M | 13.2M | 17.5M | 1.5M | 535,500 | 4.7M | 1.2M | 1.0M | 7.5M | 11.3M | 10.7M | 7.3M | 4.7M | 2.6M |
| Net Income | 51.9M | 83.9M | 48.7M | -6.3M | 3.3M | 15.4M | 12.3M | 17.1M | 47.3M | 60.7M | 60.4M | 40.9M | 25.1M | 13.8M |
| Net Margin % | 5.0% | 7.8% | 6.1% | -2.2% | 1.3% | 6.4% | 6.0% | 6.3% | 17.5% | 21.9% | 20.0% | 14.9% | 11.8% | 10.4% |
| Net Income Attributable | 25.8M | 61.6M | 38.8M | -9.1M | 1.8M | 12.8M | 12.3M | 17.1M | 47.3M | 60.7M | 60.4M | 40.9M | 25.3M | 13.9M |
| Minority Interest | 26.1M | 22.2M | 9.9M | 2.8M | 1.5M | 2.6M | -- | -- | -- | -- | -- | -- | -173,600 | -88,600 |
| Eps Basic | 0.09 | 0.20 | 0.13 | -0.03 | 0.01 | 0.04 | 0.04 | 0.06 | 0.19 | 0.93 | 0.93 | 0.68 | 0.69 | 0.61 |
| Eps Diluted | 0.09 | 0.20 | 0.13 | -0.03 | 0.01 | 0.04 | 0.04 | 0.06 | 0.19 | 0.93 | 0.93 | 0.68 | 0.69 | 0.61 |
| 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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 310.0M | 289.0M | 369.0M | 99.1M | 118.0M | 51.6M | 63.0M | 58.6M | 124.0M | 142.0M | 184.0M | 233.0M | 121.0M | 9.6M |
| Accounts Receivable | 211.0M | 223.0M | 216.0M | 136.0M | 159.0M | 172.0M | 163.0M | 158.0M | 136.0M | 90.7M | 46.3M | 49.3M | 45.7M | 28.1M |
| Notes Receivable | 12.8M | 790,200 | 5.4M | 4.3M | 5.1M | 4.0M | 5.1M | 5.4M | 757,300 | 3.3M | -- | 1.5M | -- | -- |
| Notes And Accounts Receivable | 224.0M | 224.0M | 221.0M | 140.0M | 165.0M | 176.0M | 168.0M | 163.0M | 137.0M | 94.0M | 46.3M | 50.9M | 45.7M | 28.1M |
| Prepayments | 34.5M | 17.0M | 31.0M | 6.2M | 2.4M | 4.5M | 2.7M | 4.1M | 1.3M | 729,700 | 37.5M | 25.3M | 25.8M | 8.5M |
| Inventory | 116.0M | 97.4M | 85.9M | 55.7M | 41.6M | 39.7M | 32.4M | 24.3M | 16.4M | 42.3M | 54.1M | 55.2M | 69.2M | 43.7M |
| Total Current Assets | 715.0M | 647.0M | 728.0M | 309.0M | 333.0M | 279.0M | 274.0M | 262.0M | 282.0M | 282.0M | 326.0M | 366.0M | 262.0M | 92.3M |
| Fixed Assets | -- | 329.0M | 328.0M | 267.0M | 291.0M | 294.0M | 310.0M | 362.0M | 350.0M | 35.0M | 37.5M | 36.8M | 29.0M | 25.8M |
| Fixed Assets Total | 489.0M | 329.0M | 328.0M | 267.0M | 291.0M | 294.0M | 310.0M | 362.0M | 350.0M | 35.0M | 37.5M | 36.8M | 29.0M | 25.8M |
| Construction In Progress | -- | 106.0M | 6.1M | 37.8M | 35.6M | 18.6M | -- | 20.3M | -- | 320.0M | 113.0M | 49.3M | 1.1M | 159,700 |
| Construction In Progress Total | 27.6M | 106.0M | 6.1M | 37.8M | 35.6M | 18.6M | -- | 20.3M | -- | 320.0M | 113.0M | 49.3M | 1.1M | 159,700 |
| Intangible Assets | 63.1M | 62.1M | 62.2M | 50.7M | 52.0M | 52.2M | 53.3M | 46.8M | 51.8M | 1.6M | 1.6M | 1.7M | 1.8M | 1.9M |
| Long Term Deferred Expenses | 1.7M | 230,900 | 141,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 732.0M | 690.0M | 590.0M | 515.0M | 534.0M | 531.0M | 505.0M | 520.0M | 481.0M | 364.0M | 152.0M | 88.2M | 32.5M | 28.2M |
| Total Assets | 1.4B | 1.3B | 1.3B | 824.0M | 867.0M | 810.0M | 779.0M | 782.0M | 763.0M | 647.0M | 478.0M | 454.0M | 295.0M | 120.0M |
| Short Term Borrowings | 4.9M | 30.0M | -- | -- | 70.1M | 24.0M | -- | -- | -- | 20.0M | -- | -- | -- | 6.5M |
| Accounts Payable | 371.0M | 244.0M | 209.0M | 32.6M | 6.5M | 20.3M | 21.6M | 33.0M | 25.5M | 32.0M | 27.2M | 64.4M | 76.3M | 33.2M |
| Advance Receipts | 1.9M | 1.4M | 538,500 | 813,500 | 484,900 | 9.7M | 9.1M | 4.8M | 5.2M | 3.4M | 6.3M | 2.9M | 9.6M | 6.7M |
| Contract Liabilities | 22.4M | 65.7M | 77.2M | 13.0M | 3.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 543.0M | 438.0M | 407.0M | 68.3M | 103.0M | 66.9M | 51.8M | 52.7M | 40.1M | 67.3M | 43.3M | 77.0M | 95.9M | 67.9M |
| Long Term Borrowings | 95.8M | 110.0M | -- | -- | -- | -- | -- | -- | -- | 150.0M | 50.0M | 50.0M | 20.0M | -- |
| Total Non Current Liabilities | 164.0M | 187.0M | 26.9M | 22.9M | 24.0M | 4.4M | 5.9M | 17.4M | 19.7M | 174.0M | 72.1M | 58.0M | 27.1M | 7.2M |
| Total Liabilities | 707.0M | 625.0M | 434.0M | 91.2M | 128.0M | 71.3M | 57.7M | 70.0M | 59.7M | 241.0M | 115.0M | 135.0M | 123.0M | 75.1M |
| Paid In Capital | 303.0M | 303.0M | 303.0M | 303.0M | 303.0M | 303.0M | 303.0M | 303.0M | 86.7M | 65.0M | 65.0M | 65.0M | 45.0M | 25.0M |
| Capital Reserve | 92.2M | 66.7M | 324.0M | 231.0M | 231.0M | 231.0M | 231.0M | 231.0M | 422.0M | 193.0M | 193.0M | 193.0M | 95.1M | 7.8M |
| Surplus Reserve | 35.3M | 30.7M | 29.5M | 28.9M | 28.9M | 28.9M | 27.9M | 26.6M | 24.8M | 20.3M | 14.0M | 8.0M | 4.0M | 1.4M |
| Retained Earnings | 242.0M | 233.0M | 173.0M | 156.0M | 166.0M | 167.0M | 158.0M | 151.0M | 170.0M | 127.0M | 91.2M | 53.0M | 27.4M | 10.9M |
| Minority Equity | 69.2M | 77.8M | 53.9M | 12.6M | 9.8M | 8.3M | -- | -- | -- | -- | -- | -- | -- | 173,600 |
| Equity Attributable | 671.0M | 634.0M | 829.0M | 720.0M | 729.0M | 731.0M | 721.0M | 712.0M | 704.0M | 406.0M | 363.0M | 319.0M | 171.0M | 45.2M |
| Total Equity | 740.0M | 712.0M | 883.0M | 733.0M | 739.0M | 739.0M | 721.0M | 712.0M | 704.0M | 406.0M | 363.0M | 319.0M | 171.0M | 45.3M |
| 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 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.3B | 1.2B | 930.0M | 356.0M | 285.0M | 266.0M | 235.0M | 269.0M | 258.0M | 258.0M | 341.0M | 304.0M | 224.0M | 144.0M |
| Tax Refunds Received | 361,700 | -- | 9,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.4B | 1.2B | 989.0M | 385.0M | 326.0M | 278.0M | 243.0M | 276.0M | 263.0M | 275.0M | 363.0M | 325.0M | 231.0M | 161.0M |
| Cash Paid For Goods | 350.0M | 362.0M | 324.0M | 208.0M | 181.0M | 157.0M | 134.0M | 180.0M | 156.0M | 172.0M | 258.0M | 224.0M | 160.0M | 118.0M |
| Cash Paid To Employees | 98.2M | 88.0M | 69.6M | 30.8M | 25.5M | 27.0M | 24.5M | 22.7M | 21.3M | 20.7M | 16.4M | 14.7M | 11.0M | 6.3M |
| Taxes Paid | 156.0M | 135.0M | 58.2M | 20.1M | 16.0M | 17.2M | 24.1M | 31.2M | 41.2M | 35.1M | 31.0M | 28.3M | 14.9M | 8.6M |
| Total Operating Cash Outflow | 1.2B | 1.1B | 721.0M | 334.0M | 283.0M | 250.0M | 232.0M | 278.0M | 250.0M | 244.0M | 324.0M | 289.0M | 195.0M | 150.0M |
| Operating Cash Flow | 170.0M | 96.5M | 267.0M | 51.1M | 43.5M | 28.2M | 10.2M | -2.1M | 13.1M | 30.6M | 39.0M | 35.9M | 35.6M | 10.2M |
| Total Investing Cash Inflow | 600,000 | -- | 15.9M | 20.8M | 20.6M | 77.7M | 89.0M | 55.9M | -- | 221.0M | 306.0M | 473.0M | 166.0M | -- |
| Total Investing Cash Outflow | 78.2M | 126.0M | 40.4M | 20.4M | 38.6M | 128.0M | 90.8M | 111.0M | 105.0M | 388.0M | 382.0M | 531.0M | 189.0M | 12.2M |
| Investing Cash Flow | -77.6M | -126.0M | -24.5M | 397,700 | -18.0M | -50.1M | -1.8M | -54.8M | -105.0M | -166.0M | -76.6M | -58.0M | -23.1M | -12.2M |
| Cash From Borrowings | 9.9M | 142.0M | -- | -- | 70.0M | 24.0M | -- | -- | -- | 270.0M | -- | 80.0M | 30.0M | 6.5M |
| Dividends And Interest Paid | 52.0M | 3.8M | 495,000 | 535,000 | 5.0M | 4.1M | 4.0M | 8.7M | 7.3M | 25.7M | 19.5M | 12.4M | 7.3M | 808,100 |
| Debt Repayments | 43.4M | 2.5M | 20.0M | 70.1M | 24.0M | -- | -- | -- | 170.0M | 150.0M | -- | 50.0M | 16.5M | -- |
| Total Financing Cash Inflow | 28.6M | 144.0M | 1.3M | -- | 70.0M | 24.6M | -- | -- | 260.0M | 270.0M | 10.0M | 198.0M | 139.0M | 30.1M |
| Total Financing Cash Outflow | 120.0M | 194.0M | 20.5M | 70.6M | 29.0M | 14.1M | 4.0M | 8.9M | 185.0M | 176.0M | 21.7M | 63.7M | 40.5M | 20.5M |
| Financing Cash Flow | -91.6M | -50.7M | -19.2M | -70.6M | 41.0M | 10.5M | -4.0M | -8.9M | 74.4M | 94.0M | -11.7M | 134.0M | 98.8M | 9.6M |
| Net Change In Cash | 960,800 | -80.6M | 224.0M | -19.1M | 66.6M | -11.4M | 4.4M | -65.7M | -17.7M | -41.8M | -49.2M | 112.0M | 111.0M | 7.6M |
| Ending Cash Balance | 290.0M | 289.0M | 369.0M | 99.1M | 118.0M | 51.6M | 63.0M | 58.6M | 124.0M | 142.0M | 184.0M | 233.0M | 121.0M | 9.6M |
| Capex | 78.2M | 126.0M | 25.4M | 413,700 | 18.6M | 28.5M | 2.8M | 55.7M | 53.0M | 165.0M | 99.4M | 60.9M | 24.2M | 12.2M |