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 | 227.0M | 484.0M | 515.0M | 612.0M | 502.0M | 567.0M | 525.0M | 404.0M | 330.0M | 311.0M | 289.0M | 261.0M | 171.0M |
| Revenue Growth % | -53.1% | -6.0% | -15.8% | 21.9% | -11.5% | 8.0% | 30.0% | 22.4% | 6.1% | 7.6% | 10.7% | 52.6% | -- |
| Total Revenue | 227.0M | 484.0M | 515.0M | 612.0M | 502.0M | 567.0M | 525.0M | 404.0M | 330.0M | 311.0M | 289.0M | 261.0M | 171.0M |
| Cost Of Revenue | 185.0M | 362.0M | 383.0M | 468.0M | 355.0M | 403.0M | 384.0M | 291.0M | 241.0M | 219.0M | 210.0M | 189.0M | 126.0M |
| Gross Profit | 42.0M | 122.0M | 132.0M | 144.0M | 147.0M | 164.0M | 141.0M | 113.0M | 89.0M | 92.0M | 79.0M | 72.0M | 45.0M |
| Gross Margin % | 18.5% | 25.2% | 25.6% | 23.5% | 29.3% | 28.9% | 26.9% | 28.0% | 27.0% | 29.6% | 27.3% | 27.6% | 26.3% |
| Total Operating Cost | 336.0M | 476.0M | 474.0M | 567.0M | 443.0M | 502.0M | 469.0M | 358.0M | 287.0M | 272.0M | 254.0M | 231.0M | 159.0M |
| Selling Expenses | 24.9M | 20.8M | 15.6M | 14.7M | 13.5M | 13.6M | 12.7M | 10.9M | 8.4M | 7.9M | 6.6M | 5.6M | 4.5M |
| Admin Expenses | 34.0M | 33.9M | 30.0M | 30.8M | 31.2M | 32.4M | 29.3M | 23.9M | 34.0M | 32.3M | 28.5M | 24.2M | 16.9M |
| Rd Expenses | 27.5M | 27.2M | 27.0M | 40.8M | 29.8M | 36.0M | 33.6M | 22.9M | -- | -- | -- | -- | -- |
| Finance Expenses | 12.8M | 9.9M | 3.5M | 3.4M | 880,100 | -39,600 | -584,100 | -1.5M | 1.1M | 1.8M | 2.9M | 2.9M | 1.8M |
| Operating Income | -104.0M | 12.7M | 43.8M | 50.4M | 67.5M | 68.2M | 61.1M | 49.7M | 42.9M | 39.2M | 34.3M | 29.5M | 12.2M |
| Operating Margin % | -45.8% | 2.6% | 8.5% | 8.2% | 13.4% | 12.0% | 11.6% | 12.3% | 13.0% | 12.6% | 11.9% | 11.3% | 7.1% |
| Non Operating Income | 727,400 | 5.4M | 2.00 | 32,900 | 153,700 | 16,000 | 27,500 | 4,500 | 1.5M | 1.0M | 737,600 | 9,500 | 410,400 |
| Non Operating Expenses | 923,700 | 414,700 | 1.1M | 140,500 | 664,000 | 346,000 | 2.0M | 579,300 | -- | 33,800 | 36,000 | 69,500 | 126,200 |
| Investment Income | 481,300 | -2.4M | -902,800 | -1.3M | 306,200 | 117,000 | -367,100 | 253,300 | -- | -- | -- | -- | -- |
| Fair Value Change Income | 73,500 | 16,400 | 159,800 | 365,600 | 13,200 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 199,700 | 2,500 | -600.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.2M | 6.8M | 3.3M | -3.9M | 4.7M | -- | 5.3M | 8.0M | 824,600 | 1.8M | -549,700 | 3.2M | 5.3M |
| Other Income | 3.8M | 6.4M | 3.6M | 5.6M | 7.9M | 3.6M | 5.4M | 3.0M | -- | -- | -- | -- | -- |
| Income Before Tax | -105.0M | 17.6M | 42.6M | 50.3M | 67.0M | 67.9M | 59.2M | 49.1M | 44.4M | 40.2M | 35.0M | 29.5M | 12.5M |
| Income Tax | -15.0M | 617,000 | 3.9M | 3.2M | 7.9M | 6.6M | 5.6M | 5.9M | 6.7M | 5.0M | 4.6M | 3.3M | 1.7M |
| Net Income | -89.7M | 17.0M | 38.7M | 47.0M | 59.1M | 61.2M | 53.6M | 43.2M | 37.7M | 35.2M | 30.5M | 26.1M | 10.8M |
| Net Margin % | -39.5% | 3.5% | 7.5% | 7.7% | 11.8% | 10.8% | 10.2% | 10.7% | 11.4% | 11.3% | 10.6% | 10.0% | 6.3% |
| Net Income Attributable | -86.8M | 16.9M | 39.3M | 47.0M | 58.9M | 60.7M | 53.5M | 43.1M | 37.6M | 35.2M | 30.6M | 26.4M | 10.8M |
| Minority Interest | -2.9M | 138,600 | -565,200 | -7,100 | 159,500 | 502,800 | 36,500 | 49,900 | 35,400 | -59,100 | -59,700 | -283,300 | -- |
| Eps Basic | -0.53 | 0.10 | 0.24 | 0.28 | 0.36 | 0.37 | 0.33 | 0.40 | 0.60 | 0.56 | 0.51 | -- | -- |
| Eps Diluted | -0.53 | 0.10 | 0.24 | 0.28 | 0.36 | 0.37 | 0.33 | 0.40 | 0.60 | 0.56 | 0.51 | -- | -- |
| 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 | 93.2M | 131.0M | 112.0M | 95.1M | 106.0M | 158.0M | 190.0M | 105.0M | 43.0M | 59.8M | 11.4M | 11.7M | 13.7M |
| Trading Financial Assets | 55.0M | 73.6M | 538,600 | 378,800 | 5.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 377.0M | 357.0M | 345.0M | 272.0M | 247.0M | 154.0M | 113.0M | 109.0M | 78.5M | 77.9M | 60.4M | 31.9M | 24.9M |
| Notes Receivable | 4.2M | 2.3M | 796,700 | -- | -- | 1.1M | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 381.0M | 359.0M | 346.0M | 272.0M | 247.0M | 155.0M | 113.0M | 109.0M | 78.5M | 77.9M | 60.4M | 31.9M | 24.9M |
| Prepayments | 31.8M | 9.0M | 22.4M | 19.5M | 17.3M | 19.9M | 21.3M | 31.0M | 9.1M | 9.8M | 18.2M | 8.8M | 9.3M |
| Inventory | 195.0M | 87.3M | 109.0M | 231.0M | 380.0M | 452.0M | 418.0M | 331.0M | 217.0M | 187.0M | 179.0M | 123.0M | 99.7M |
| Total Current Assets | 1.1B | 1.1B | 903.0M | 888.0M | 881.0M | 827.0M | 774.0M | 602.0M | 365.0M | 349.0M | 282.0M | 198.0M | 170.0M |
| Long Term Equity Investment | 2.4M | 2.4M | 8.4M | 8.3M | 2.6M | 2.6M | 2.6M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 130.0M | 78.2M | 77.5M | 79.7M | 42.8M | 42.0M | 43.3M | 34.8M | 34.7M | 35.1M | 24.4M | 3.9M |
| Fixed Assets Total | 96.4M | 130.0M | 78.2M | 77.5M | 79.7M | 42.8M | 42.0M | 43.3M | 34.8M | 34.7M | 35.1M | 24.4M | 3.9M |
| Construction In Progress | -- | 6.8M | 44.4M | 1.7M | 924,600 | -- | 2.0M | 29,000 | 1.5M | 180,300 | -- | 2.4M | -- |
| Construction In Progress Total | 7.7M | 6.8M | 44.4M | 1.7M | 924,600 | -- | 2.0M | 29,000 | 1.5M | 180,300 | -- | 2.4M | -- |
| Intangible Assets | 68.6M | 16.9M | 12.4M | 6.7M | 2.9M | 3.4M | 3.2M | 606,800 | 215,100 | 82,400 | 95,900 | 113,300 | 22,300 |
| Long Term Deferred Expenses | 9.6M | 5.5M | 1.2M | 1.0M | 141,400 | 208,600 | 861,300 | 1.4M | -- | -- | 19,000 | 47,500 | 153,900 |
| Total Non Current Assets | 322.0M | 330.0M | 251.0M | 202.0M | 125.0M | 57.6M | 55.8M | 49.4M | 39.7M | 37.7M | 37.7M | 29.5M | 5.5M |
| Total Assets | 1.5B | 1.4B | 1.2B | 1.1B | 1.0B | 885.0M | 829.0M | 651.0M | 405.0M | 387.0M | 320.0M | 227.0M | 175.0M |
| Short Term Borrowings | 237.0M | 186.0M | 203.0M | 127.0M | 44.9M | 10.0M | -- | -- | 17.7M | 17.1M | 4.7M | 18.9M | 24.4M |
| Accounts Payable | 244.0M | 235.0M | 185.0M | 170.0M | 197.0M | 160.0M | 171.0M | 120.0M | 110.0M | 115.0M | 97.1M | 63.5M | 33.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 45.6M | 67.6M | 26.8M | 18.7M | 29.2M | 20.7M | 17.4M | 36.5M |
| Contract Liabilities | 104.0M | 53.9M | 74.3M | 176.0M | 206.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 725.0M | 572.0M | 601.0M | 569.0M | 522.0M | 327.0M | 331.0M | 204.0M | 171.0M | 192.0M | 161.0M | 149.0M | 123.0M |
| Total Non Current Liabilities | 237.0M | 226.0M | 1.7M | 586,200 | 2.0M | 2.0M | 2.0M | 2.3M | 2.6M | 840,000 | 210,000 | 277,200 | 468,100 |
| Total Liabilities | 962.0M | 799.0M | 603.0M | 570.0M | 524.0M | 329.0M | 333.0M | 207.0M | 173.0M | 193.0M | 161.0M | 149.0M | 123.0M |
| Paid In Capital | 164.0M | 164.0M | 164.0M | 165.0M | 165.0M | 165.0M | 110.0M | 84.0M | 63.0M | 63.0M | 63.0M | 33.5M | 33.5M |
| Capital Reserve | 165.0M | 165.0M | 165.0M | 165.0M | 171.0M | 170.0M | 221.0M | 236.0M | 83.4M | 83.4M | 83.4M | 3.7M | 3.7M |
| Surplus Reserve | 26.1M | 26.1M | 25.1M | 21.7M | 18.0M | 24.0M | 18.2M | 12.9M | 8.5M | 4.8M | 1.3M | 4.1M | 1.5M |
| Retained Earnings | 110.0M | 203.0M | 194.0M | 166.0M | 131.0M | 203.0M | 154.0M | 111.0M | 76.4M | 42.6M | 10.9M | 36.9M | 13.2M |
| Minority Equity | -34,800 | 2.9M | 3.6M | 2.8M | 2.8M | 2.7M | 2.2M | 1.0M | 143,100 | 107,800 | 166,900 | 293,300 | -- |
| Equity Attributable | 489.0M | 583.0M | 548.0M | 517.0M | 480.0M | 553.0M | 494.0M | 444.0M | 231.0M | 194.0M | 159.0M | 78.3M | 51.9M |
| Total Equity | 489.0M | 586.0M | 552.0M | 520.0M | 483.0M | 556.0M | 496.0M | 445.0M | 231.0M | 194.0M | 159.0M | 78.6M | 51.9M |
| 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 | 307.0M | 352.0M | 323.0M | 400.0M | 408.0M | 472.0M | 571.0M | 303.0M | 308.0M | 299.0M | 225.0M | 189.0M | 200.0M |
| Tax Refunds Received | -- | 1.1M | 2.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 313.0M | 365.0M | 333.0M | 406.0M | 422.0M | 478.0M | 581.0M | 308.0M | 311.0M | 301.0M | 231.0M | 189.0M | 204.0M |
| Cash Paid For Goods | 246.0M | 294.0M | 216.0M | 358.0M | 336.0M | 396.0M | 394.0M | 310.0M | 249.0M | 188.0M | 193.0M | 143.0M | 192.0M |
| Cash Paid To Employees | 87.6M | 83.5M | 83.7M | 70.0M | 65.0M | 71.3M | 50.7M | 37.0M | 29.4M | 25.2M | 21.4M | 16.9M | 12.2M |
| Taxes Paid | 2.9M | 6.9M | 3.6M | 9.0M | 13.3M | 15.8M | 15.5M | 11.1M | 14.2M | 15.3M | 10.9M | 8.3M | 7.2M |
| Total Operating Cash Outflow | 372.0M | 413.0M | 329.0M | 471.0M | 452.0M | 514.0M | 490.0M | 384.0M | 311.0M | 250.0M | 243.0M | 190.0M | 221.0M |
| Operating Cash Flow | -59.4M | -48.0M | 3.8M | -65.2M | -29.7M | -35.9M | 91.0M | -75.1M | -226,700 | 51.7M | -11.8M | -332,900 | -16.5M |
| Total Investing Cash Inflow | 149.0M | 48.0M | 62.1M | 5.5M | 826,300 | 392,800 | 2.0M | 66.3M | -- | 2,500 | -- | 11,800 | 6.0M |
| Total Investing Cash Outflow | 172.0M | 188.0M | 109.0M | 13.0M | 49.8M | 5.7M | 11.7M | 80.0M | 13.4M | 3.8M | 16.8M | 6.9M | 235,200 |
| Investing Cash Flow | -23.4M | -140.0M | -46.9M | -7.6M | -49.0M | -5.3M | -9.7M | -13.7M | -13.4M | -3.8M | -16.8M | -6.9M | 5.8M |
| Cash From Borrowings | 256.0M | 205.0M | 213.0M | 150.0M | 59.8M | 10.0M | 36.0M | 7.0M | 19.7M | 21.2M | 4.7M | 28.2M | 24.4M |
| Dividends And Interest Paid | 14.4M | 12.6M | 15.0M | 11.5M | 9.6M | 6.6M | 5.6M | 4.4M | 1.1M | 1.2M | 1.8M | 1.8M | 1.6M |
| Debt Repayments | 205.0M | 223.0M | 137.0M | 67.8M | 24.9M | -- | 36.0M | 24.7M | 19.1M | 8.8M | 18.9M | 33.9M | 20.6M |
| Total Financing Cash Inflow | 275.0M | 471.0M | 225.0M | 165.0M | 70.1M | 20.4M | 52.6M | 185.0M | 29.6M | 37.7M | 74.8M | 86.0M | 92.9M |
| Total Financing Cash Outflow | 244.0M | 257.0M | 177.0M | 102.0M | 40.4M | 16.9M | 49.6M | 37.6M | 28.4M | 40.8M | 44.2M | 81.2M | 80.8M |
| Financing Cash Flow | 30.4M | 213.0M | 48.0M | 63.5M | 29.7M | 3.5M | 3.0M | 147.0M | 1.2M | -3.1M | 30.6M | 4.8M | 12.1M |
| Net Change In Cash | -52.4M | 25.6M | 5.0M | -9.3M | -48.9M | -37.7M | 84.3M | 58.6M | -12.5M | 44.8M | 2.0M | -2.4M | 1.3M |
| Ending Cash Balance | 66.1M | 119.0M | 92.9M | 87.9M | 97.2M | 146.0M | 184.0M | 99.5M | 40.9M | 53.4M | 8.6M | 6.6M | 9.0M |
| Capex | 42.3M | 67.5M | 49.0M | 5.5M | 44.7M | 5.4M | 8.7M | 12.0M | 13.4M | 3.8M | 16.4M | 6.2M | 235,200 |