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 | 363.0M | 376.0M | 361.0M | 388.0M | 219.0M | 325.0M | 249.0M | 203.0M | 173.0M | 135.0M | 113.0M | 85.6M | 62.0M |
| Revenue Growth % | -3.5% | 4.2% | -7.0% | 77.2% | -32.6% | 30.5% | 22.7% | 17.3% | 28.1% | 19.5% | 31.9% | 38.1% | -- |
| Total Revenue | 363.0M | 376.0M | 361.0M | 388.0M | 219.0M | 325.0M | 249.0M | 203.0M | 173.0M | 135.0M | 113.0M | 85.6M | 62.0M |
| Cost Of Revenue | 179.0M | 189.0M | 201.0M | 206.0M | 85.5M | 121.0M | 74.8M | 57.3M | 53.3M | 39.9M | 32.6M | 30.0M | 23.3M |
| Gross Profit | 184.0M | 187.0M | 160.0M | 182.0M | 133.6M | 204.0M | 174.2M | 145.7M | 119.7M | 95.1M | 80.4M | 55.7M | 38.7M |
| Gross Margin % | 50.7% | 49.7% | 44.3% | 46.9% | 61.0% | 62.8% | 70.0% | 71.7% | 69.2% | 70.5% | 71.1% | 65.0% | 62.5% |
| Total Operating Cost | 400.0M | 411.0M | 423.0M | 389.0M | 252.0M | 289.0M | 202.0M | 154.0M | 132.0M | 105.0M | 83.0M | 65.8M | 48.1M |
| Selling Expenses | 44.6M | 49.0M | 57.5M | 59.7M | 50.5M | 56.0M | 47.8M | 34.2M | 28.3M | 24.6M | 17.0M | 9.7M | 5.4M |
| Admin Expenses | 104.0M | 97.5M | 85.8M | 65.2M | 63.9M | 58.0M | 37.5M | 32.5M | 47.8M | 39.1M | 31.5M | 23.7M | 17.8M |
| Rd Expenses | 43.7M | 61.6M | 59.1M | 47.1M | 42.3M | 47.6M | 36.9M | 26.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -3.1M | -1.6M | -3.1M | -3.8M | -1.2M | -751,300 | -2.4M | -2.5M | -1.2M | -2.4M | -2.4M | -568,000 | -504,200 |
| Operating Income | -25.7M | -26.9M | -47.8M | 42.5M | -18.9M | 66.2M | 68.5M | 66.0M | 41.5M | 30.5M | 30.0M | 21.3M | 13.9M |
| Operating Margin % | -7.1% | -7.2% | -13.2% | 11.0% | -8.6% | 20.4% | 27.5% | 32.5% | 24.0% | 22.6% | 26.5% | 24.9% | 22.5% |
| Non Operating Income | 1.5M | 92,600 | 1.9M | 1.8M | 8.0M | 7.4M | 5.1M | 2.2M | 14.8M | 11.2M | 10.5M | 8.5M | 6.7M |
| Non Operating Expenses | 830,000 | 479,700 | 693,300 | 438,800 | 790,900 | 281,200 | 1,100 | 104,600 | 16,200 | 394,200 | 56,300 | 151,500 | 108,400 |
| Investment Income | 1.6M | 4.0M | 3.7M | 35.4M | 9.5M | 17.7M | 4.8M | 2.0M | 482,100 | 80,900 | -- | 1.5M | 21,400 |
| Fair Value Change Income | -- | 80,800 | 346,300 | 427,600 | 475,000 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 7.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 17.0M | 2.7M | 5.1M | 614,700 | 624,500 | -- | 4.6M | 3.0M | 1.4M | 1.6M | 2.6M | 2.0M | 1.1M |
| Other Income | 2.2M | 4.3M | 9.7M | 7.0M | 4.5M | 12.3M | 16.3M | 14.3M | -- | -- | -- | -- | -- |
| Income Before Tax | -25.0M | -27.3M | -46.6M | 43.9M | -11.7M | 73.4M | 73.6M | 68.1M | 56.3M | 41.3M | 40.4M | 29.6M | 20.5M |
| Income Tax | 612,700 | -2.5M | -16.1M | -263,900 | -2.2M | 443,900 | 7.1M | 9.3M | 8.0M | 4.4M | 8.1M | 3.2M | 1.9M |
| Net Income | -25.6M | -24.7M | -30.4M | 44.1M | -9.5M | 73.0M | 66.6M | 58.8M | 48.3M | 37.0M | 32.3M | 26.5M | 18.7M |
| Net Margin % | -7.0% | -6.6% | -8.4% | 11.4% | -4.3% | 22.5% | 26.7% | 29.0% | 27.9% | 27.4% | 28.5% | 30.9% | 30.1% |
| Net Income Attributable | -23.9M | -34.0M | -37.7M | 35.5M | -8.1M | 68.5M | 65.5M | 59.1M | 48.3M | 37.2M | 32.3M | 26.3M | 18.7M |
| Minority Interest | -1.7M | 9.3M | 7.2M | 8.6M | -1.3M | 4.5M | 1.0M | -299,900 | -- | -201,200 | -1,600 | 108,300 | -2,400 |
| Eps Basic | -0.20 | -0.28 | -0.31 | 0.29 | -0.07 | 0.68 | 0.65 | 0.62 | 0.64 | 0.50 | 0.43 | 0.35 | 0.27 |
| Eps Diluted | -0.20 | -0.28 | -0.31 | 0.29 | -0.07 | 0.67 | 0.64 | 0.62 | 0.64 | 0.50 | 0.43 | 0.35 | 0.27 |
| 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 | 275.0M | 317.0M | 176.0M | 337.0M | 307.0M | 133.0M | 228.0M | 206.0M | 139.0M | 94.4M | 94.3M | 83.6M | 78.5M |
| Trading Financial Assets | -- | 20.1M | 220.0M | 152.0M | 216.0M | -- | -- | -- | -- | -- | -- | -- | 1.0M |
| Accounts Receivable | 247.0M | 193.0M | 210.0M | 204.0M | 173.0M | 209.0M | 174.0M | 118.0M | 96.3M | 74.6M | 72.5M | 46.4M | 23.7M |
| Notes Receivable | 1.7M | 923,200 | 2.5M | 4.8M | 8.8M | 5.9M | 9.1M | 2.7M | 5.6M | 9.1M | 3.6M | -- | -- |
| Notes And Accounts Receivable | 249.0M | 194.0M | 212.0M | 208.0M | 182.0M | 215.0M | 183.0M | 121.0M | 102.0M | 83.7M | 76.1M | 46.4M | 23.7M |
| Prepayments | 14.4M | 29.3M | 19.3M | 4.1M | 7.7M | 5.5M | 4.6M | 5.5M | 12.1M | 13.3M | 3.1M | 4.9M | 3.1M |
| Inventory | 40.0M | 48.0M | 54.0M | 74.2M | 53.5M | 50.2M | 23.4M | 21.5M | 16.9M | 12.5M | 11.0M | 5.5M | 3.3M |
| Total Current Assets | 598.0M | 620.0M | 692.0M | 795.0M | 780.0M | 408.0M | 445.0M | 488.0M | 272.0M | 207.0M | 187.0M | 143.0M | 112.0M |
| Long Term Equity Investment | 35.4M | 37.9M | 38.1M | 38.0M | 48.2M | 45.6M | 41.4M | 11.4M | 9.6M | 2.9M | -- | -- | -- |
| Fixed Assets | -- | 276.0M | 248.0M | 245.0M | 42.8M | 38.0M | 5.6M | 4.6M | 4.9M | 5.2M | 4.2M | 4.3M | 892,100 |
| Fixed Assets Total | 282.0M | 276.0M | 248.0M | 245.0M | 42.8M | 38.0M | 5.6M | 4.6M | 4.9M | 5.2M | 4.2M | 4.3M | 892,100 |
| Construction In Progress | -- | 39.8M | 16.3M | 11.5M | 193.0M | -- | 4.0M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 22.2M | 39.8M | 16.3M | 11.5M | 193.0M | -- | 4.0M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 49.6M | 73.3M | 49.4M | 64.1M | 45.8M | 13.2M | 1.2M | 3.0M | 4.8M | 7.9M | 10.1M | 12.2M | 14.4M |
| Long Term Deferred Expenses | 8.4M | 8.3M | 4.8M | 8.6M | 13.0M | 15.5M | 392,900 | 625,300 | 184,300 | 88,900 | 94,400 | -- | -- |
| Total Non Current Assets | 705.0M | 770.0M | 565.0M | 552.0M | 458.0M | 330.0M | 166.0M | 59.1M | 24.2M | 30.6M | 16.3M | 17.5M | 15.9M |
| Total Assets | 1.3B | 1.4B | 1.3B | 1.3B | 1.2B | 738.0M | 610.0M | 547.0M | 296.0M | 238.0M | 204.0M | 161.0M | 128.0M |
| Short Term Borrowings | 10.4M | 33.8M | 13.1M | 7.1M | 5.0M | 9.9M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 94.9M | 102.0M | 71.6M | 84.8M | 20.1M | 33.0M | 14.5M | 9.5M | 7.5M | 8.5M | 5.3M | 5.1M | 1.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 43.9M | 17.0M | 20.2M | 12.7M | 5.4M | 5.9M | 4.9M | 3.6M |
| Contract Liabilities | 47.9M | 55.5M | 32.3M | 37.7M | 39.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 185.0M | 225.0M | 161.0M | 190.0M | 112.0M | 127.0M | 80.2M | 72.7M | 38.2M | 27.7M | 30.4M | 18.2M | 15.4M |
| Long Term Borrowings | -- | -- | 3.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 29.3M | 16.2M | 12.2M | 14.7M | 1.0M | 2.2M | 2.8M | 2.5M | 2.2M | 2.6M | 2.6M | 4.1M | 960,000 |
| Total Liabilities | 215.0M | 241.0M | 173.0M | 204.0M | 113.0M | 130.0M | 83.0M | 75.2M | 40.5M | 30.4M | 33.0M | 22.4M | 16.4M |
| Paid In Capital | 120.0M | 122.0M | 122.0M | 122.0M | 122.0M | 101.0M | 101.0M | 101.0M | 75.0M | 75.0M | 75.0M | 75.0M | 26.7M |
| Capital Reserve | 829.0M | 859.0M | 843.0M | 845.0M | 875.0M | 268.0M | 242.0M | 228.0M | 57.0M | 57.0M | 57.0M | 57.0M | 55.3M |
| Surplus Reserve | 34.1M | 34.1M | 33.6M | 33.6M | 30.2M | 29.8M | 25.2M | 18.9M | 12.8M | 7.8M | 4.5M | 760,500 | 3.6M |
| Retained Earnings | 60.5M | 108.0M | 143.0M | 210.0M | 178.0M | 217.0M | 178.0M | 144.0M | 111.0M | 67.4M | 33.6M | 5.1M | 25.9M |
| Minority Equity | 59.6M | 61.2M | 36.9M | 35.5M | 4.0M | 19.1M | 985,500 | -41,300 | -- | -- | 529,100 | 530,700 | 422,400 |
| Equity Attributable | 1.0B | 1.1B | 1.0B | 1.1B | 1.1B | 589.0M | 526.0M | 472.0M | 256.0M | 207.0M | 170.0M | 138.0M | 111.0M |
| Total Equity | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 609.0M | 527.0M | 472.0M | 256.0M | 207.0M | 171.0M | 138.0M | 112.0M |
| 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 | 439.0M | 438.0M | 361.0M | 389.0M | 260.0M | 354.0M | 213.0M | 223.0M | 200.0M | 134.0M | 98.7M | 74.7M | 48.2M |
| Tax Refunds Received | 1.2M | 1.7M | 13.7M | 5.9M | 3.9M | 12.2M | 16.3M | 14.3M | 10.5M | 8.8M | 8.0M | 6.9M | 5.3M |
| Total Operating Cash Inflow | 448.0M | 445.0M | 386.0M | 403.0M | 274.0M | 371.0M | 236.0M | 240.0M | 216.0M | 148.0M | 112.0M | 87.5M | 55.3M |
| Cash Paid For Goods | 225.0M | 199.0M | 202.0M | 169.0M | 103.0M | 126.0M | 65.8M | 61.5M | 62.3M | 54.1M | 37.7M | 27.9M | 19.3M |
| Cash Paid To Employees | 116.0M | 132.0M | 138.0M | 128.0M | 110.0M | 103.0M | 84.9M | 61.7M | 43.1M | 37.4M | 28.0M | 17.0M | 8.2M |
| Taxes Paid | 19.5M | 17.9M | 15.5M | 14.4M | 15.3M | 28.4M | 36.5M | 32.0M | 31.6M | 25.9M | 16.9M | 16.4M | 7.2M |
| Total Operating Cash Outflow | 407.0M | 388.0M | 387.0M | 347.0M | 263.0M | 303.0M | 214.0M | 190.0M | 167.0M | 142.0M | 101.0M | 81.1M | 47.6M |
| Operating Cash Flow | 40.7M | 56.8M | -1.3M | 56.1M | 10.5M | 67.9M | 21.5M | 50.2M | 49.2M | 6.3M | 11.4M | 6.4M | 7.7M |
| Total Investing Cash Inflow | 50.2M | 625.0M | 746.0M | 658.0M | 757.0M | 2.4M | 296.0M | 4.3M | 511,800 | -- | -- | 2.6M | 21,400 |
| Total Investing Cash Outflow | 85.3M | 668.0M | 844.0M | 636.0M | 1.1B | 123.0M | 107.0M | 329.0M | 8.6M | 6.9M | 1.7M | 3.7M | 3.8M |
| Investing Cash Flow | -35.1M | -43.2M | -98.7M | 22.1M | -391.0M | -120.0M | 189.0M | -325.0M | -8.1M | -6.9M | -1.7M | -1.1M | -3.8M |
| Cash From Borrowings | 13.4M | 33.8M | 19.5M | 4.1M | 5.0M | 9.9M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 24.9M | 8.4M | 35.8M | 319,200 | 30.7M | 25.2M | 25.2M | 20.0M | -- | -- | -- | -- | 5.0M |
| Debt Repayments | 39.8M | 13.1M | 10.5M | 5.0M | 9.9M | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 17.6M | 130.0M | 27.4M | 36.9M | 648.0M | 19.6M | 1.1M | 204.0M | -- | -- | -- | -- | 64.0M |
| Total Financing Cash Outflow | 74.6M | 47.7M | 66.1M | 79.5M | 112.0M | 62.9M | 29.3M | 27.5M | -- | -- | -- | -- | 5.0M |
| Financing Cash Flow | -57.1M | 82.6M | -38.7M | -42.6M | 536.0M | -43.3M | -28.2M | 176.0M | -- | -- | -- | -- | 59.0M |
| Net Change In Cash | -51.4M | 96.5M | -138.0M | 35.4M | 155.0M | -95.4M | 183.0M | -98.4M | 41.1M | -588,400 | 9.8M | 5.4M | 62.8M |
| Ending Cash Balance | 220.0M | 271.0M | 175.0M | 313.0M | 278.0M | 123.0M | 218.0M | 35.5M | 134.0M | 92.7M | 93.3M | 83.5M | 78.2M |
| Capex | 35.3M | 145.0M | 49.2M | 51.2M | 238.0M | 94.7M | 77.9M | 2.4M | 1.8M | 2.2M | 1.7M | 3.7M | 647,400 |