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 | 141.0M | 233.0M | 233.0M | 224.0M | 271.0M | 239.0M | 174.0M | 178.0M | 204.0M | 200.0M | 186.0M | 147.0M | 129.0M | 96.9M |
| Revenue Growth % | -39.5% | 0.0% | 4.0% | -17.3% | 13.4% | 37.4% | -2.2% | -12.7% | 2.0% | 7.5% | 26.5% | 14.0% | 33.1% | -- |
| Total Revenue | 141.0M | 233.0M | 233.0M | 224.0M | 271.0M | 239.0M | 174.0M | 178.0M | 204.0M | 200.0M | 186.0M | 147.0M | 129.0M | 96.9M |
| Cost Of Revenue | 81.1M | 137.0M | 144.0M | 131.0M | 149.0M | 134.0M | 97.6M | 85.7M | 102.0M | 105.0M | 92.9M | 79.3M | 65.7M | 46.6M |
| Gross Profit | 59.9M | 96.0M | 89.0M | 93.0M | 122.0M | 105.0M | 76.4M | 92.3M | 102.0M | 95.0M | 93.1M | 67.7M | 63.3M | 50.3M |
| Gross Margin % | 42.5% | 41.2% | 38.2% | 41.5% | 45.0% | 43.9% | 43.9% | 51.9% | 50.0% | 47.5% | 50.1% | 46.0% | 49.1% | 52.0% |
| Total Operating Cost | 171.0M | 234.0M | 217.0M | 201.0M | 220.0M | 194.0M | 131.0M | 124.0M | 142.0M | 141.0M | 131.0M | 112.0M | 91.9M | 66.6M |
| Selling Expenses | 2.5M | 2.7M | 2.6M | 3.5M | 2.8M | 2.4M | 1.5M | 1.5M | 1.0M | 1.3M | 1.2M | 926,000 | 856,300 | 594,800 |
| Admin Expenses | 30.3M | 30.7M | 28.9M | 28.9M | 25.8M | 21.9M | 20.1M | 23.5M | 32.3M | 30.8M | 30.2M | 25.4M | 23.4M | 17.7M |
| Rd Expenses | 31.0M | 22.3M | 27.0M | 26.0M | 25.8M | 26.9M | 4.3M | 5.9M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | -1.4M | -2.2M | -955,500 | -602,100 | -357,700 | -340,700 | -323,800 | -403,500 | 474,000 | 675,500 | 2.8M | 1.5M | -121,000 | -223,500 |
| Operating Income | -28.7M | 7.1M | 38.6M | 28.9M | 69.6M | 48.1M | 69.9M | 58.5M | 62.1M | 59.6M | 55.1M | 34.5M | 37.4M | 30.3M |
| Operating Margin % | -20.4% | 3.0% | 16.6% | 12.9% | 25.7% | 20.1% | 40.1% | 32.9% | 30.4% | 29.8% | 29.6% | 23.5% | 29.0% | 31.3% |
| Non Operating Income | 58,200 | -- | -- | -- | -- | 7.4M | 7.5M | 200.00 | 1.2M | 625,000 | 173,100 | 3.1M | 346,400 | 7,600 |
| Non Operating Expenses | 19,400 | 40,400 | 8,000 | 200.00 | 100.00 | -- | 10,400 | 61,900 | 5,400 | 22,300 | -- | 389,300 | 49,200 | -- |
| Investment Income | 413,700 | 1.6M | 0.00 | -- | -- | 1.5M | 3.2M | 1.6M | 0.00 | -- | -- | -- | -- | 5,900 |
| Fair Value Change Income | 145,800 | 1.1M | 1.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -54,900 | -- | -- | -600.00 | 33,400 | -- | 200.00 | -- | -17,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 940,600 | 372,400 | -- | -- | -- | 981,300 | 4.2M | 4.2M | 2.2M | -253,300 | 1.0M | 2.6M | 172,700 | 1.1M |
| Other Income | 1.7M | 5.6M | 21.2M | 6.1M | 19.0M | 2.1M | 23.4M | 2.6M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -28.7M | 7.0M | 38.6M | 28.9M | 69.6M | 55.4M | 77.3M | 58.4M | 63.3M | 60.2M | 55.3M | 37.2M | 37.7M | 30.3M |
| Income Tax | -2.1M | 1.3M | 2.9M | 2.1M | 6.7M | 6.8M | 12.7M | 9.9M | 10.8M | 9.9M | 8.9M | 6.1M | 5.7M | 5.8M |
| Net Income | -26.6M | 5.8M | 35.7M | 26.7M | 63.0M | 48.6M | 64.6M | 48.5M | 52.4M | 50.4M | 46.4M | 31.1M | 32.0M | 24.5M |
| Net Margin % | -18.9% | 2.5% | 15.3% | 11.9% | 23.2% | 20.3% | 37.1% | 27.3% | 25.7% | 25.2% | 24.9% | 21.2% | 24.8% | 25.3% |
| Net Income Attributable | -26.6M | 5.8M | 35.7M | 26.7M | 63.0M | 48.6M | 64.6M | 48.5M | 52.4M | 50.4M | 46.4M | 31.1M | 32.0M | 24.5M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 200.00 |
| Eps Basic | -0.05 | 0.01 | 0.07 | 0.09 | 0.20 | 0.28 | 0.38 | 0.28 | 0.66 | 1.49 | 1.37 | 0.92 | 1.01 | -- |
| Eps Diluted | -0.05 | 0.01 | 0.07 | 0.09 | 0.20 | 0.28 | 0.38 | 0.28 | 0.66 | 1.49 | 1.37 | 0.92 | 1.01 | -- |
| 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 | 84.0M | 233.0M | 204.0M | 85.2M | 78.4M | 134.0M | 194.0M | 114.0M | 308.0M | 40.4M | 27.5M | 20.4M | 11.0M | 21.2M |
| Trading Financial Assets | 70.1M | -- | 142.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 445.0M | 456.0M | 347.0M | 313.0M | 363.0M | 259.0M | 178.0M | 166.0M | 120.0M | 87.5M | 54.1M | 51.4M | 33.0M | 27.3M |
| Notes Receivable | 18.6M | 18.8M | 26.9M | 41.5M | 32.7M | 65.8M | 67.1M | 68.7M | 50.9M | 23.8M | 15.0M | 15.4M | 450,000 | 500,000 |
| Notes And Accounts Receivable | 464.0M | 475.0M | 374.0M | 354.0M | 396.0M | 325.0M | 245.0M | 234.0M | 171.0M | 111.0M | 69.1M | 66.8M | 33.5M | 27.8M |
| Prepayments | 12.5M | 18.8M | 26.1M | 20.6M | 15.3M | 6.9M | 7.3M | 3.8M | 5.4M | 4.2M | 2.0M | 2.4M | 2.4M | 3.7M |
| Inventory | 339.0M | 314.0M | 323.0M | 268.0M | 221.0M | 202.0M | 187.0M | 149.0M | 112.0M | 115.0M | 129.0M | 93.1M | 48.6M | 32.1M |
| Total Current Assets | 978.0M | 1.0B | 1.1B | 731.0M | 715.0M | 669.0M | 664.0M | 602.0M | 596.0M | 271.0M | 228.0M | 183.0M | 95.6M | 87.1M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.3M | -- |
| Fixed Assets | -- | -- | 167.0M | 127.0M | 105.0M | 52.7M | 43.6M | 44.3M | 44.4M | 45.6M | 47.7M | 22.2M | 23.0M | 18.8M |
| Fixed Assets Total | 177.0M | 173.0M | 167.0M | 127.0M | 105.0M | 52.7M | 43.6M | 44.3M | 44.4M | 45.6M | 47.7M | 22.2M | 23.0M | 18.8M |
| Construction In Progress | -- | -- | 5.7M | 43.4M | 42.9M | 55.5M | 38.1M | 30.6M | 6.2M | 1.1M | 187,100 | 19.8M | 13.9M | 1.0M |
| Construction In Progress Total | 11.5M | 10.5M | 5.7M | 43.4M | 42.9M | 55.5M | 38.1M | 30.6M | 6.2M | 1.1M | 187,100 | 19.8M | 13.9M | 1.0M |
| Intangible Assets | 21.4M | 22.1M | 22.7M | 23.1M | 23.8M | 24.6M | 10.9M | 11.4M | 12.0M | 12.6M | 11.8M | 12.1M | 6.2M | 6.3M |
| Long Term Deferred Expenses | -- | 27,300 | 75,100 | 130,600 | 186,100 | 244,400 | 298,500 | 447,800 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 241.0M | 221.0M | 205.0M | 202.0M | 178.0M | 140.0M | 101.0M | 94.5M | 69.2M | 65.4M | 65.9M | 60.1M | 52.2M | 26.6M |
| Total Assets | 1.2B | 1.3B | 1.3B | 933.0M | 893.0M | 809.0M | 765.0M | 697.0M | 665.0M | 337.0M | 294.0M | 243.0M | 148.0M | 114.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | -- | -- | 18.0M | 9.0M | -- |
| Accounts Payable | 151.0M | 156.0M | 164.0M | 128.0M | 92.3M | 76.6M | 66.1M | 77.0M | 75.5M | 92.5M | 95.5M | 55.8M | 33.1M | 36.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 21.2M | 11.6M | 13.3M | 22.4M | 7.7M | 23.9M | 11.0M | 1.9M | 14.1M |
| Contract Liabilities | 11.7M | 3.6M | 4.5M | 2.4M | 12.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 218.0M | 232.0M | 246.0M | 185.0M | 173.0M | 144.0M | 136.0M | 133.0M | 142.0M | 119.0M | 128.0M | 125.0M | 62.8M | 75.5M |
| Total Non Current Liabilities | 1.1M | 1.5M | 2.5M | 2.5M | 3.1M | 3.6M | 3.5M | 4.3M | 4.9M | -- | -- | -- | -- | -- |
| Total Liabilities | 219.0M | 233.0M | 248.0M | 188.0M | 176.0M | 148.0M | 139.0M | 137.0M | 147.0M | 119.0M | 128.0M | 125.0M | 62.8M | 75.5M |
| Paid In Capital | 550.0M | 550.0M | 324.0M | 309.0M | 172.0M | 172.0M | 172.0M | 90.4M | 45.2M | 33.9M | 33.9M | 33.9M | 33.9M | 2.0M |
| Capital Reserve | 10.6M | 10.6M | 237.0M | 7.2M | 145.0M | 145.0M | 145.0M | 226.0M | 271.0M | 36.0M | 36.0M | 36.0M | 36.0M | -- |
| Surplus Reserve | 52.3M | 52.3M | 50.4M | 46.5M | 43.6M | 37.3M | 32.4M | 25.8M | 20.5M | 14.7M | -- | -- | 1.4M | 3.6M |
| Retained Earnings | 366.0M | 400.0M | 396.0M | 364.0M | 341.0M | 296.0M | 265.0M | 207.0M | 173.0M | 127.0M | 81.5M | 40.0M | 12.1M | 32.6M |
| Equity Attributable | 999.0M | 1.0B | 1.0B | 746.0M | 717.0M | 661.0M | 626.0M | 559.0M | 518.0M | 218.0M | 166.0M | 118.0M | 85.1M | 38.2M |
| Total Equity | 999.0M | 1.0B | 1.0B | 746.0M | 717.0M | 661.0M | 626.0M | 559.0M | 518.0M | 218.0M | 166.0M | 118.0M | 85.1M | 38.2M |
| 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 | 143.0M | 117.0M | 207.0M | 271.0M | 182.0M | 164.0M | 147.0M | 95.0M | 134.0M | 123.0M | 155.0M | 91.4M | 81.7M | 110.0M |
| Tax Refunds Received | -- | -- | 19.2M | -- | 13.0M | 77,800 | 22.2M | -- | -- | -- | 20,700 | 10,700 | 7,100 | -- |
| Total Operating Cash Inflow | 146.0M | 124.0M | 229.0M | 276.0M | 201.0M | 167.0M | 170.0M | 98.7M | 140.0M | 123.0M | 155.0M | 92.0M | 82.0M | 110.0M |
| Cash Paid For Goods | 78.0M | 91.0M | 112.0M | 124.0M | 113.0M | 115.0M | 96.1M | 74.7M | 50.3M | 40.5M | 21.0M | 47.8M | 42.0M | 55.1M |
| Cash Paid To Employees | 72.9M | 77.0M | 69.4M | 62.3M | 50.0M | 45.6M | 34.2M | 30.6M | 27.3M | 22.1M | 19.7M | 19.4M | 15.9M | 9.3M |
| Taxes Paid | 28.6M | 27.3M | 8.4M | 32.7M | 32.7M | 20.5M | 19.9M | 32.1M | 37.3M | 30.9M | 37.0M | 28.6M | 19.7M | 15.1M |
| Total Operating Cash Outflow | 194.0M | 210.0M | 206.0M | 235.0M | 218.0M | 204.0M | 161.0M | 149.0M | 125.0M | 106.0M | 88.4M | 105.0M | 84.8M | 88.9M |
| Operating Cash Flow | -48.1M | -85.4M | 23.1M | 41.0M | -16.4M | -37.1M | 9.3M | -50.1M | 15.2M | 17.1M | 66.8M | -12.5M | -2.8M | 21.0M |
| Total Investing Cash Inflow | 284.0M | 385.0M | 1,750 | 610,700 | 6,500 | 391.0M | 103.0M | 1.7M | 0.00 | 0.00 | 30,000 | -- | 1.4M | 10,000 |
| Total Investing Cash Outflow | 378.0M | 269.0M | 148.0M | 34.1M | 28.6M | 402.0M | 33.1M | 121.0M | 8.8M | 3.6M | 7.8M | 16.7M | 31.0M | 12.4M |
| Investing Cash Flow | -94.4M | 115.0M | -148.0M | -33.5M | -28.6M | -10.1M | 70.2M | -119.0M | -8.8M | -3.6M | -7.8M | -16.7M | -29.6M | -12.4M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | 18.0M | -- | 73.3M | 9.0M | -- |
| Dividends And Interest Paid | 7.2M | -- | -- | -- | 9.8M | 13.1M | -- | 9.5M | 468,300 | 633,300 | 2.9M | 1.4M | -- | 159,000 |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | 10.0M | -- | 18.0M | 49.0M | 33.3M | -- | -- |
| Total Financing Cash Inflow | -- | -- | 245.0M | 0.00 | -- | -- | -- | -- | 262.0M | 18.0M | -- | 73.3M | 22.2M | -- |
| Total Financing Cash Outflow | 7.4M | 867,800 | 1.7M | 697,900 | 10.1M | 13.1M | -- | 23.9M | 818,300 | 18.6M | 51.9M | 34.7M | -- | 159,000 |
| Financing Cash Flow | -7.4M | -867,800 | 244.0M | -697,900 | -10.1M | -13.1M | -- | -23.9M | 261.0M | -633,300 | -51.9M | 38.6M | 22.2M | -159,000 |
| Net Change In Cash | -150.0M | 29.0M | 118.0M | 6.8M | -55.1M | -60.3M | 79.5M | -193.0M | 267.0M | 12.9M | 7.1M | 9.5M | -10.2M | 8.5M |
| Ending Cash Balance | 82.7M | 233.0M | 204.0M | 85.2M | 78.4M | 134.0M | 194.0M | 114.0M | 308.0M | 40.4M | 27.5M | 20.4M | 11.0M | 21.2M |
| Capex | 27.9M | 29.4M | 8.5M | 34.1M | 28.6M | 41.6M | 3.1M | 21.0M | 8.8M | 3.6M | 7.8M | 11.3M | 31.0M | 12.4M |