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 | 1.4B | 1.2B | 975.0M | 887.0M | 782.0M |
| Revenue Growth % | 15.7% | 23.8% | 9.9% | 13.4% | -- |
| Total Revenue | 1.4B | 1.2B | 975.0M | 887.0M | 782.0M |
| Cost Of Revenue | 877.0M | 796.0M | 670.0M | 643.0M | 556.0M |
| Gross Profit | 519.0M | 411.0M | 305.0M | 244.0M | 226.0M |
| Gross Margin % | 37.2% | 34.1% | 31.3% | 27.5% | 28.9% |
| Total Operating Cost | 1.2B | 1.1B | 932.0M | 898.0M | 736.0M |
| Selling Expenses | 41.4M | 38.2M | 57.9M | 55.4M | 41.7M |
| Admin Expenses | 70.0M | 59.1M | 55.0M | 56.6M | 39.5M |
| Rd Expenses | 121.0M | 121.0M | 105.0M | 92.2M | 66.5M |
| Finance Expenses | 13.5M | 5.9M | 6.8M | 17.5M | 8.4M |
| Operating Income | 277.0M | 202.0M | 77.7M | 20.8M | 78.8M |
| Operating Margin % | 19.8% | 16.7% | 8.0% | 2.3% | 10.1% |
| Non Operating Income | 467,700 | 733,600 | 2.7M | 1.3M | 452,100 |
| Non Operating Expenses | 860,800 | 594,200 | 417,300 | 1.2M | 1.2M |
| Investment Income | -209,200 | 0.00 | 8.5M | 5.6M | 3.0M |
| Asset Disposal Income | -- | 300,600 | -- | -186,600 | -- |
| Asset Impairment Loss | 19.5M | 11.3M | 17.1M | 11.9M | 7.9M |
| Other Income | 54.2M | 49.0M | 26.1M | 27.0M | 30.1M |
| Income Before Tax | 276.0M | 202.0M | 80.0M | 20.8M | 78.0M |
| Income Tax | 34.5M | 26.3M | 5.0M | 1.6M | 4.8M |
| Net Income | 242.0M | 176.0M | 75.0M | 19.2M | 73.2M |
| Net Margin % | 17.3% | 14.6% | 7.7% | 2.2% | 9.4% |
| Net Income Attributable | 243.0M | 177.0M | 76.9M | 22.5M | 74.3M |
| Minority Interest | -1.1M | -1.4M | -2.0M | -3.3M | -1.1M |
| Eps Basic | 1.36 | 1.00 | 0.43 | 0.13 | 0.51 |
| Eps Diluted | 1.31 | 0.96 | 0.42 | 0.13 | 0.49 |
| 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 | 355.0M | 617.0M | 580.0M | 563.0M | 256.0M |
| Accounts Receivable | 604.0M | 547.0M | 443.0M | 454.0M | 385.0M |
| Notes Receivable | 125,300 | 5.7M | 12.9M | 29.7M | 31.2M |
| Notes And Accounts Receivable | 604.0M | 553.0M | 456.0M | 484.0M | 416.0M |
| Prepayments | 4.1M | 15.5M | 12.1M | 55.6M | 3.1M |
| Inventory | 656.0M | 755.0M | 665.0M | 568.0M | 402.0M |
| Total Current Assets | 1.8B | 2.1B | 1.8B | 1.8B | 1.2B |
| Long Term Equity Investment | -- | -- | -- | 15.3M | 15.6M |
| Fixed Assets | -- | 389.0M | 404.0M | 389.0M | 314.0M |
| Fixed Assets Total | 832.0M | 389.0M | 404.0M | 389.0M | 314.0M |
| Construction In Progress | -- | 357.0M | 235.0M | 124.0M | 75.8M |
| Construction In Progress Total | 1.1M | 357.0M | 235.0M | 124.0M | 75.8M |
| Intangible Assets | 152.0M | 154.0M | 159.0M | 164.0M | 170.0M |
| Long Term Deferred Expenses | 3.3M | 7.7M | 13.1M | 13.7M | 776,800 |
| Total Non Current Assets | 1.0B | 934.0M | 830.0M | 747.0M | 616.0M |
| Total Assets | 2.8B | 3.0B | 2.6B | 2.5B | 1.8B |
| Short Term Borrowings | 163.0M | 385.0M | 358.0M | 388.0M | 310.0M |
| Accounts Payable | 260.0M | 372.0M | 332.0M | 286.0M | 234.0M |
| Advance Receipts | 7.0M | -- | -- | -- | -- |
| Contract Liabilities | 96.9M | 159.0M | 169.0M | 117.0M | 19.5M |
| Total Current Liabilities | 832.0M | 1.2B | 989.0M | 937.0M | 660.0M |
| Long Term Borrowings | 7.8M | 52.9M | -- | -- | 150.0M |
| Total Non Current Liabilities | 14.8M | 210.0M | 147.0M | 137.0M | 270.0M |
| Total Liabilities | 847.0M | 1.4B | 1.1B | 1.1B | 930.0M |
| Paid In Capital | 180.0M | 178.0M | 178.0M | 178.0M | 146.0M |
| Capital Reserve | 861.0M | 798.0M | 791.0M | 791.0M | 234.0M |
| Surplus Reserve | 106.0M | 82.2M | 63.5M | 56.9M | 51.2M |
| Retained Earnings | 762.0M | 570.0M | 429.0M | 361.0M | 362.0M |
| Minority Equity | -- | -1.9M | -512,600 | 7.9M | 11.2M |
| Equity Attributable | 1.9B | 1.7B | 1.5B | 1.4B | 832.0M |
| Total Equity | 1.9B | 1.7B | 1.5B | 1.4B | 843.0M |
| 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 | 1.3B | 1.2B | 1.1B | 837.0M | 677.0M |
| Tax Refunds Received | 42.8M | 48.5M | 45.0M | 64.6M | 22.7M |
| Total Operating Cash Inflow | 1.4B | 1.3B | 1.2B | 920.0M | 725.0M |
| Cash Paid For Goods | 875.0M | 760.0M | 689.0M | 597.0M | 494.0M |
| Cash Paid To Employees | 271.0M | 257.0M | 226.0M | 215.0M | 164.0M |
| Taxes Paid | 107.0M | 95.4M | 57.8M | 62.5M | 46.5M |
| Total Operating Cash Outflow | 1.3B | 1.2B | 1.0B | 952.0M | 767.0M |
| Operating Cash Flow | 71.3M | 123.0M | 179.0M | -32.0M | -41.3M |
| Total Investing Cash Inflow | 5,000 | 103,000 | 30.0M | 5.8M | 0.00 |
| Total Investing Cash Outflow | 82.9M | 129.0M | 151.0M | 151.0M | 241.0M |
| Investing Cash Flow | -82.9M | -129.0M | -121.0M | -145.0M | -241.0M |
| Cash From Borrowings | 248.0M | 504.0M | 427.0M | 382.0M | 493.0M |
| Dividends And Interest Paid | 41.2M | 35.0M | 19.1M | 35.0M | 32.6M |
| Debt Repayments | 467.0M | 424.0M | 447.0M | 458.0M | 343.0M |
| Total Financing Cash Inflow | 343.0M | 547.0M | 478.0M | 1.0B | 557.0M |
| Total Financing Cash Outflow | 562.0M | 545.0M | 514.0M | 550.0M | 415.0M |
| Financing Cash Flow | -219.0M | 2.5M | -35.7M | 470.0M | 142.0M |
| Net Change In Cash | -230.0M | -2.6M | 24.5M | 292.0M | -141.0M |
| Ending Cash Balance | 303.0M | 534.0M | 536.0M | 512.0M | 219.0M |
| Capex | 82.9M | 129.0M | 147.0M | 151.0M | 241.0M |