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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 967.0M | 1.0B | 1.0B | 921.0M | 473.0M | 629.0M | 476.0M | 362.0M | 270.0M | 291.0M | 199.0M | 147.0M | 83.1M |
| Revenue Growth % | -4.8% | 1.4% | 8.8% | 94.7% | -24.8% | 32.1% | 31.5% | 34.1% | -7.2% | 46.2% | 35.4% | 76.8% | -- |
| Total Revenue | 967.0M | 1.0B | 1.0B | 921.0M | 473.0M | 629.0M | 476.0M | 362.0M | 270.0M | 291.0M | 199.0M | 147.0M | 83.1M |
| Cost Of Revenue | 561.0M | 605.0M | 654.0M | 589.0M | 274.0M | 338.0M | 255.0M | 173.0M | 105.0M | 131.0M | 76.3M | 61.1M | 36.4M |
| Gross Profit | 406.0M | 411.0M | 348.0M | 332.0M | 199.0M | 291.0M | 221.0M | 189.0M | 165.0M | 160.0M | 122.7M | 85.9M | 46.7M |
| Gross Margin % | 42.0% | 40.5% | 34.7% | 36.0% | 42.1% | 46.3% | 46.4% | 52.2% | 61.1% | 55.0% | 61.7% | 58.4% | 56.2% |
| Total Operating Cost | 815.0M | 865.0M | 849.0M | 773.0M | 410.0M | 484.0M | 364.0M | 270.0M | 165.0M | 181.0M | 111.0M | 95.2M | 58.8M |
| Selling Expenses | 81.8M | 66.4M | 57.5M | 41.1M | 33.0M | 40.9M | 33.4M | 19.0M | 16.3M | 15.0M | 8.3M | 6.2M | 6.5M |
| Admin Expenses | 44.0M | 51.4M | 46.9M | 35.3M | 21.3M | 24.6M | 20.4M | 22.9M | 49.7M | 40.8M | 26.8M | 24.6M | 15.2M |
| Rd Expenses | 125.0M | 121.0M | 113.0M | 96.4M | 67.0M | 81.4M | 67.4M | 46.0M | -- | -- | -- | -- | -- |
| Finance Expenses | -22.2M | -13.1M | -34.3M | 5.3M | 11.9M | -4.3M | -19.5M | 7.7M | -8.8M | -7.4M | -1.2M | 1.8M | 376,700 |
| Operating Income | 169.0M | 154.0M | 177.0M | 167.0M | 90.3M | 171.0M | 129.0M | 104.0M | 105.0M | 110.0M | 87.9M | 52.5M | 24.9M |
| Operating Margin % | 17.5% | 15.2% | 17.7% | 18.1% | 19.1% | 27.2% | 27.1% | 28.7% | 38.9% | 37.8% | 44.1% | 35.7% | 29.9% |
| Non Operating Income | 67,600 | 894,300 | 53,700 | 142,200 | 9.7M | 3.4M | 6.3M | 6.4M | 4.9M | 2.8M | 737,400 | 758,200 | 427,200 |
| Non Operating Expenses | 234,400 | 541,500 | 13,300 | 8,200 | 1,200 | 51,300 | 6,600 | -- | -- | -- | 1,000 | -- | 2,800 |
| Investment Income | -7.2M | -12.9M | 5.4M | 8.9M | 745,300 | 3.9M | 13.8M | 9.3M | -- | -- | -- | 325,000 | 514,900 |
| Fair Value Change Income | 13.4M | 4.4M | 6.2M | 3.4M | 15.3M | 9.1M | 44,100 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 103,100 | 220,100 | -- | 30,000 | 3,000 | -- | 25,900 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 17.7M | 28.7M | 5.0M | 1.5M | 1.4M | 759,900 | 6.2M | 75,600 | 2.3M | 1.6M | 466,600 | 1.5M | 328,300 |
| Other Income | 10.9M | 11.6M | 12.3M | 7.2M | 11.2M | 12.3M | 3.3M | 2.3M | -- | -- | -- | -- | -- |
| Income Before Tax | 169.0M | 154.0M | 177.0M | 167.0M | 99.9M | 174.0M | 135.0M | 110.0M | 110.0M | 113.0M | 88.6M | 53.2M | 25.3M |
| Income Tax | 10.0M | 7.7M | 11.6M | 11.8M | 9.5M | 11.8M | 10.6M | 13.5M | 15.2M | 11.5M | 11.9M | 8.5M | 3.7M |
| Net Income | 159.0M | 147.0M | 166.0M | 156.0M | 90.5M | 162.0M | 125.0M | 96.9M | 95.3M | 102.0M | 76.7M | 44.7M | 21.6M |
| Net Margin % | 16.4% | 14.5% | 16.6% | 16.9% | 19.1% | 25.8% | 26.3% | 26.8% | 35.3% | 35.1% | 38.5% | 30.4% | 25.9% |
| Net Income Attributable | 159.0M | 147.0M | 166.0M | 156.0M | 90.5M | 162.0M | 125.0M | 96.9M | 95.3M | 102.0M | 76.7M | 44.7M | 21.6M |
| Eps Basic | 0.35 | 0.32 | 0.36 | 0.35 | 0.31 | 0.67 | 0.78 | 0.62 | 0.79 | 1.69 | 1.28 | -- | -- |
| Eps Diluted | 0.35 | 0.32 | 0.36 | 0.35 | 0.31 | 0.67 | 0.78 | 0.62 | 0.79 | 1.69 | 1.28 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 537.0M | 395.0M | 166.0M | 530.0M | 167.0M | 283.0M | 154.0M | 396.0M | 146.0M | 134.0M | 80.9M | 44.8M | 7.9M |
| Trading Financial Assets | 538.0M | 447.0M | 453.0M | 238.0M | 377.0M | 297.0M | 44,100 | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 252.0M | 263.0M | 254.0M | 112.0M | 88.1M | 131.0M | 85.3M | 52.6M | 54.3M | 26.8M | 18.3M | 8.9M | 9.8M |
| Notes Receivable | 4.1M | 7.1M | -- | -- | 138,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 256.0M | 270.0M | 254.0M | 112.0M | 88.2M | 131.0M | 85.3M | 52.6M | 54.3M | 26.8M | 18.3M | 8.9M | 9.8M |
| Prepayments | 6.2M | 14.4M | 14.2M | 38.4M | 30.7M | 15.5M | 9.9M | 6.6M | 10.1M | 6.7M | 3.3M | 21.2M | 5.7M |
| Inventory | 351.0M | 494.0M | 613.0M | 585.0M | 209.0M | 126.0M | 123.0M | 88.0M | 50.4M | 45.0M | 33.7M | 10.3M | 5.4M |
| Total Current Assets | 1.7B | 1.6B | 1.5B | 1.6B | 903.0M | 875.0M | 812.0M | 873.0M | 268.0M | 218.0M | 152.0M | 91.3M | 46.5M |
| Long Term Equity Investment | 37.2M | 39.9M | 38.9M | 32.5M | 12.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 244.0M | 253.0M | 257.0M | 97.8M | 94.5M | 96.3M | 4.3M | 1.8M | 1.1M | 896,600 | 1.3M | 1.0M |
| Fixed Assets Total | 236.0M | 244.0M | 253.0M | 257.0M | 97.8M | 94.5M | 96.3M | 4.3M | 1.8M | 1.1M | 896,600 | 1.3M | 1.0M |
| Construction In Progress | -- | -- | -- | -- | 231.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | 231.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 10.7M | 5.5M | 5.5M | 6.3M | 850,400 | 252,700 | -- | 69,100 | 355,700 | 183,100 | -- | -- | -- |
| Long Term Deferred Expenses | 15.9M | 22.8M | 30.1M | 27.4M | 9.6M | 6.0M | 17.6M | 3.3M | 5.2M | 86,900 | 78,900 | 165,000 | 251,100 |
| Total Non Current Assets | 383.0M | 397.0M | 411.0M | 406.0M | 361.0M | 311.0M | 250.0M | 8.7M | 8.3M | 2.2M | 1.4M | 1.8M | 1.3M |
| Total Assets | 2.1B | 2.0B | 2.0B | 2.0B | 1.3B | 1.2B | 1.1B | 881.0M | 276.0M | 221.0M | 153.0M | 93.0M | 47.8M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 5.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 155.0M | 150.0M | 78.6M | 192.0M | 100.0M | 83.0M | 104.0M | 45.8M | 42.7M | 17.8M | 11.0M | 2.6M | 2.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 43.2M | 23.1M | 35.5M | 6.8M | 7.3M | 5.1M | 3.6M | 2.2M |
| Contract Liabilities | 23.4M | 31.3M | 106.0M | 156.0M | 39.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 233.0M | 257.0M | 263.0M | 418.0M | 183.0M | 178.0M | 191.0M | 108.0M | 73.8M | 41.1M | 33.0M | 17.5M | 19.2M |
| Total Non Current Liabilities | 3.3M | 5.3M | 9.3M | 2.8M | 3.6M | 3.3M | 6.9M | 4.4M | -- | 525,000 | 850,000 | 850,000 | -- |
| Total Liabilities | 237.0M | 262.0M | 272.0M | 420.0M | 187.0M | 182.0M | 198.0M | 112.0M | 73.8M | 41.7M | 33.8M | 18.3M | 19.2M |
| Paid In Capital | 460.0M | 459.0M | 458.0M | 305.0M | 242.0M | 161.0M | 161.0M | 160.0M | 60.0M | 60.0M | 60.0M | 9.0M | 3.8M |
| Capital Reserve | 542.0M | 533.0M | 523.0M | 655.0M | 383.0M | 462.0M | 454.0M | 436.0M | 1.7M | 1.7M | 1.7M | -- | 5.2M |
| Surplus Reserve | 105.0M | 87.0M | 76.2M | 65.0M | 56.3M | 51.6M | 41.7M | 32.2M | 21.3M | 13.5M | 5.5M | 4.5M | 1.9M |
| Retained Earnings | 786.0M | 713.0M | 632.0M | 524.0M | 401.0M | 339.0M | 224.0M | 141.0M | 119.0M | 104.0M | 52.2M | 61.2M | 17.7M |
| Equity Attributable | 1.9B | 1.8B | 1.7B | 1.5B | 1.1B | 1.0B | 864.0M | 769.0M | 202.0M | 179.0M | 119.0M | 74.7M | 28.6M |
| Total Equity | 1.9B | 1.8B | 1.7B | 1.5B | 1.1B | 1.0B | 864.0M | 769.0M | 202.0M | 179.0M | 119.0M | 74.7M | 28.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 981.0M | 932.0M | 835.0M | 1.1B | 523.0M | 604.0M | 452.0M | 402.0M | 243.0M | 290.0M | 191.0M | 152.0M | 75.6M |
| Tax Refunds Received | 59.9M | 115.0M | 114.0M | 105.0M | 49.5M | 59.6M | 45.9M | 35.5M | 20.1M | 35.0M | 8.1M | 9.5M | 4.7M |
| Total Operating Cash Inflow | 1.1B | 1.1B | 963.0M | 1.2B | 587.0M | 677.0M | 525.0M | 450.0M | 268.0M | 330.0M | 201.0M | 163.0M | 80.7M |
| Cash Paid For Goods | 487.0M | 505.0M | 869.0M | 1.0B | 394.0M | 423.0M | 309.0M | 249.0M | 111.0M | 168.0M | 89.2M | 97.5M | 56.7M |
| Cash Paid To Employees | 166.0M | 157.0M | 139.0M | 108.0M | 89.0M | 86.1M | 69.7M | 55.1M | 38.6M | 27.5M | 18.4M | 13.8M | 9.6M |
| Taxes Paid | 45.8M | 38.8M | 36.8M | 37.9M | 22.8M | 26.8M | 25.6M | 23.4M | 17.0M | 24.5M | 11.3M | 5.0M | 2.3M |
| Total Operating Cash Outflow | 758.0M | 751.0M | 1.1B | 1.2B | 536.0M | 566.0M | 429.0M | 372.0M | 187.0M | 237.0M | 134.0M | 127.0M | 78.6M |
| Operating Cash Flow | 293.0M | 310.0M | -114.0M | -21.6M | 51.6M | 111.0M | 95.6M | 77.8M | 80.7M | 93.9M | 67.2M | 35.9M | 2.1M |
| Total Investing Cash Inflow | 2.9B | 1.9B | 1.5B | 1.4B | 1.8B | 1.8B | 1.4B | 1.0B | -- | -- | -- | 14.3M | 514,900 |
| Total Investing Cash Outflow | 3.1B | 2.2B | 1.7B | 1.3B | 2.0B | 1.7B | 1.8B | 1.3B | 3.6M | 1.2M | 213,000 | 864,000 | 3.9M |
| Investing Cash Flow | -144.0M | -313.0M | -227.0M | 90.3M | -132.0M | 56.0M | -336.0M | -300.0M | -3.6M | -1.2M | -213,000 | 13.5M | -3.4M |
| Cash From Borrowings | -- | -- | -- | 500,000 | -- | -- | -- | 52.8M | -- | -- | 10.0M | -- | -- |
| Dividends And Interest Paid | 68.4M | 54.9M | 45.7M | 24.2M | 24.2M | 40.4M | 32.0M | 64.2M | 72.0M | 43.1M | 31.2M | 10.4M | -- |
| Debt Repayments | -- | -- | -- | 500,000 | -- | -- | 5.0M | 47.8M | -- | -- | 10.0M | -- | -- |
| Total Financing Cash Inflow | 7.8M | 6.5M | 6.9M | 335.0M | -- | -- | 20.4M | 598.0M | -- | -- | 10.0M | -- | -- |
| Total Financing Cash Outflow | 78.2M | 86.1M | 50.5M | 35.0M | 24.9M | 40.4M | 37.0M | 117.0M | 72.0M | 43.1M | 41.2M | 10.4M | -- |
| Financing Cash Flow | -70.4M | -79.7M | -43.6M | 300.0M | -24.9M | -40.4M | -16.6M | 481.0M | -72.0M | -43.1M | -31.2M | -10.4M | -- |
| Net Change In Cash | 88.9M | -78.2M | -364.0M | 363.0M | -115.0M | 129.0M | -242.0M | 249.0M | 12.5M | 52.9M | 36.2M | 36.9M | -1.7M |
| Ending Cash Balance | 177.0M | 87.7M | 166.0M | 530.0M | 167.0M | 283.0M | 154.0M | 396.0M | 146.0M | 134.0M | 80.9M | 44.8M | 7.9M |
| Capex | 10.8M | 11.7M | 20.2M | 40.6M | 56.7M | 82.6M | 230.0M | 6.8M | 3.6M | 1.2M | 213,000 | 864,000 | 897,100 |