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 | 999.0M | 710.0M | 642.0M | 668.0M | 492.0M | 391.0M | 289.0M | 230.0M | 176.0M | 137.0M | 110.0M | 89.1M | 75.6M |
| Revenue Growth % | 40.7% | 10.6% | -3.9% | 35.8% | 25.8% | 35.3% | 25.7% | 30.7% | 28.5% | 24.5% | 23.4% | 17.9% | -- |
| Total Revenue | 999.0M | 710.0M | 642.0M | 668.0M | 492.0M | 391.0M | 289.0M | 230.0M | 176.0M | 137.0M | 110.0M | 89.1M | 75.6M |
| Cost Of Revenue | 660.0M | 465.0M | 405.0M | 387.0M | 275.0M | 225.0M | 154.0M | 123.0M | 89.9M | 64.3M | 53.8M | 39.9M | 36.7M |
| Gross Profit | 339.0M | 245.0M | 237.0M | 281.0M | 217.0M | 166.0M | 135.0M | 107.0M | 86.1M | 72.7M | 56.2M | 49.2M | 38.9M |
| Gross Margin % | 33.9% | 34.5% | 36.9% | 42.1% | 44.1% | 42.5% | 46.7% | 46.5% | 48.9% | 53.1% | 51.1% | 55.2% | 51.5% |
| Total Operating Cost | 966.0M | 688.0M | 582.0M | 550.0M | 444.0M | 339.0M | 215.0M | 176.0M | 126.0M | 105.0M | 81.0M | 66.6M | 57.6M |
| Selling Expenses | 16.9M | 12.1M | 14.0M | 16.1M | 13.2M | 14.2M | 10.6M | 8.3M | 6.8M | 6.0M | 4.5M | 4.4M | 3.7M |
| Admin Expenses | 119.0M | 86.2M | 78.0M | 79.5M | 78.4M | 63.6M | 33.4M | 16.7M | 32.0M | 35.3M | 21.6M | 21.1M | 15.8M |
| Rd Expenses | 141.0M | 124.0M | 99.9M | 77.3M | 49.4M | 37.8M | 26.9M | 20.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -8.2M | -13.9M | -22.4M | -19.9M | 16.4M | -9.0M | -14.7M | 4.9M | -5.9M | -1.6M | -425,500 | 235,900 | 595,200 |
| Operating Income | 60.2M | 48.9M | 110.0M | 144.0M | 63.0M | 66.6M | 92.9M | 69.0M | 50.1M | 32.6M | 28.5M | 22.2M | 18.0M |
| Operating Margin % | 6.0% | 6.9% | 17.1% | 21.6% | 12.8% | 17.0% | 32.1% | 30.0% | 28.5% | 23.8% | 25.9% | 24.9% | 23.8% |
| Non Operating Income | 55,500 | 699,400 | 10,100 | 163,300 | 1.6M | 33,400 | 298,000 | 193,300 | 7.5M | 4.7M | 1.4M | 1.6M | 1.9M |
| Non Operating Expenses | 405,800 | 171,400 | 304,600 | 232,800 | 332,000 | 614,300 | 174,400 | 78,800 | -- | -- | -- | 7,600 | 90,800 |
| Investment Income | 612,200 | 202,100 | 8.4M | 773,800 | 667,500 | 3.7M | 6.6M | 4.3M | -- | 609,400 | -314,700 | -322,100 | -- |
| Fair Value Change Income | 89,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -957,600 | -24,800 | -283,700 | -63,800 | 43,600 | -- | -128,600 | 22,700 | 14,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 17.0M | 4.2M | 3.7M | 2.6M | 4.3M | 2.1M | 2.2M | 190,000 | 1.2M | 40,200 | 406,000 | 1,200 | 158,100 |
| Other Income | 27.9M | 26.6M | 41.8M | 26.0M | 14.5M | 11.3M | 12.5M | 10.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 59.9M | 49.4M | 110.0M | 144.0M | 64.2M | 66.0M | 93.0M | 69.1M | 57.6M | 37.2M | 29.8M | 23.7M | 19.8M |
| Income Tax | -12.6M | -10.2M | -7.8M | 13.5M | 3.6M | 6.8M | 11.5M | 8.9M | 7.5M | 6.7M | 5.4M | 3.3M | 2.3M |
| Net Income | 72.5M | 59.6M | 118.0M | 131.0M | 60.6M | 59.2M | 81.5M | 60.2M | 50.2M | 30.6M | 24.4M | 20.4M | 17.5M |
| Net Margin % | 7.3% | 8.4% | 18.4% | 19.6% | 12.3% | 15.2% | 28.2% | 26.2% | 28.5% | 22.3% | 22.2% | 22.9% | 23.2% |
| Net Income Attributable | 67.0M | 59.6M | 118.0M | 131.0M | 59.2M | 57.5M | 79.9M | 59.9M | 49.6M | 30.5M | 24.4M | 20.4M | 17.5M |
| Minority Interest | 5.5M | -- | -- | -- | 1.4M | 1.8M | 1.5M | 264,200 | 591,800 | 81,800 | -- | -- | -- |
| Eps Basic | 0.27 | 0.24 | 0.48 | 0.80 | 0.36 | 0.64 | 0.91 | 0.73 | 0.75 | 0.48 | -- | -- | -- |
| Eps Diluted | 0.27 | 0.24 | 0.48 | 0.80 | 0.36 | 0.64 | 0.90 | 0.73 | 0.75 | 0.48 | -- | -- | -- |
| 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 | 907.0M | 387.0M | 515.0M | 642.0M | 845.0M | 264.0M | 255.0M | 177.0M | 132.0M | 88.0M | 45.1M | 36.1M | 20.3M |
| Trading Financial Assets | 41.1M | -- | 50.2M | 130.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 346.0M | 241.0M | 200.0M | 198.0M | 137.0M | 106.0M | 87.3M | 44.3M | 43.3M | 24.9M | 20.5M | 16.0M | 12.7M |
| Notes Receivable | 19.3M | 44.8M | 29.3M | 33.7M | 1.5M | 36.1M | 19.7M | 14.9M | 1.8M | 3.1M | 3.2M | 1.0M | 708,500 |
| Notes And Accounts Receivable | 365.0M | 286.0M | 229.0M | 231.0M | 139.0M | 142.0M | 107.0M | 59.2M | 45.1M | 28.1M | 23.7M | 17.0M | 13.4M |
| Prepayments | 7.9M | 4.7M | 4.9M | 4.5M | 3.6M | 1.4M | 1.7M | 1.4M | 1.3M | 513,400 | 389,000 | 221,900 | 521,300 |
| Inventory | 268.0M | 233.0M | 241.0M | 180.0M | 103.0M | 70.4M | 73.1M | 42.1M | 29.9M | 29.3M | 21.0M | 16.4M | 16.2M |
| Total Current Assets | 1.7B | 985.0M | 1.1B | 1.2B | 1.2B | 553.0M | 547.0M | 482.0M | 213.0M | 149.0M | 91.1M | 71.0M | 55.5M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 1.9M | 2.2M | -- |
| Fixed Assets | -- | 548.0M | 462.0M | 245.0M | 255.0M | 157.0M | 139.0M | 17.5M | 13.3M | 13.5M | 13.3M | 8.7M | 8.4M |
| Fixed Assets Total | 549.0M | 548.0M | 462.0M | 245.0M | 255.0M | 157.0M | 139.0M | 17.5M | 13.3M | 13.5M | 13.3M | 8.7M | 8.4M |
| Construction In Progress | -- | 145.0M | 151.0M | 106.0M | 7.3M | 268,900 | 280,500 | 51.7M | 3.1M | 32,300 | -- | -- | -- |
| Construction In Progress Total | 209.0M | 145.0M | 151.0M | 106.0M | 7.3M | 268,900 | 280,500 | 51.7M | 3.1M | 32,300 | -- | -- | -- |
| Intangible Assets | 163.0M | 111.0M | 35.6M | 35.8M | 30.8M | 12.3M | 13.3M | 9.0M | 9.8M | 10.5M | -- | -- | -- |
| Long Term Deferred Expenses | 9.6M | 4.2M | 3.4M | 2.0M | 1.2M | 863,100 | 453,000 | -- | 48,000 | 192,000 | -- | 134,900 | 689,900 |
| Total Non Current Assets | 1.3B | 1.0B | 854.0M | 552.0M | 427.0M | 307.0M | 274.0M | 83.3M | 30.5M | 25.8M | 15.6M | 11.3M | 9.7M |
| Total Assets | 3.0B | 2.0B | 2.0B | 1.8B | 1.6B | 861.0M | 821.0M | 565.0M | 243.0M | 175.0M | 107.0M | 82.3M | 65.1M |
| Short Term Borrowings | 323.0M | -- | 100,000 | 2.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 137.0M | 96.8M | 127.0M | 62.4M | 49.6M | 37.7M | 59.3M | 36.7M | 16.1M | 7.8M | 11.2M | 8.6M | 7.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.3M | 2.3M | 2.4M | 3.6M | 2.5M | 2.1M | 1.7M | 1.4M |
| Contract Liabilities | 10.7M | 14.6M | 10.0M | 4.4M | 2.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 665.0M | 198.0M | 235.0M | 174.0M | 178.0M | 169.0M | 223.0M | 56.0M | 34.0M | 20.6M | 19.9M | 48.4M | 52.0M |
| Long Term Borrowings | 162.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 325.0M | 99.3M | 77.3M | 60.7M | 40.8M | 51.2M | 42.4M | 30.1M | 9.7M | 5.8M | -- | 367,300 | 898,300 |
| Total Liabilities | 990.0M | 297.0M | 312.0M | 234.0M | 219.0M | 220.0M | 265.0M | 86.1M | 43.7M | 26.3M | 19.9M | 48.8M | 52.9M |
| Paid In Capital | 249.0M | 245.0M | 164.0M | 164.0M | 109.0M | 90.3M | 90.0M | 88.0M | 66.0M | 66.0M | 37.4M | 30.2M | 29.4M |
| Capital Reserve | 1.1B | 960.0M | 1.1B | 1.0B | 1.1B | 342.0M | 308.0M | 258.0M | 60.3M | 60.3M | 28.5M | 3.1M | 3.1M |
| Surplus Reserve | 72.1M | 59.4M | 51.5M | 39.4M | 30.1M | 25.2M | 21.6M | 14.3M | 8.6M | 3.8M | 4.9M | 2.4M | 377,500 |
| Retained Earnings | 464.0M | 434.0M | 415.0M | 342.0M | 243.0M | 206.0M | 171.0M | 116.0M | 61.4M | 16.6M | 16.1M | 23.3M | 4.9M |
| Minority Equity | 36.4M | -- | -- | -- | -- | 5.9M | 4.1M | 2.6M | 2.3M | 1.7M | -- | -- | -- |
| Equity Attributable | 1.9B | 1.7B | 1.6B | 1.5B | 1.4B | 635.0M | 551.0M | 476.0M | 197.0M | 147.0M | 86.8M | 33.5M | 12.2M |
| Total Equity | 2.0B | 1.7B | 1.6B | 1.5B | 1.4B | 641.0M | 556.0M | 479.0M | 199.0M | 149.0M | 86.8M | 33.5M | 12.2M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 983.0M | 665.0M | 629.0M | 579.0M | 457.0M | 364.0M | 269.0M | 228.0M | 176.0M | 137.0M | 112.0M | 88.4M | 77.8M |
| Tax Refunds Received | 8.3M | 10.1M | 20.3M | 13.6M | 11.4M | 9.5M | 5.3M | 2.7M | 1.2M | 1.9M | -- | 347,000 | 754,600 |
| Total Operating Cash Inflow | 1.1B | 741.0M | 701.0M | 642.0M | 477.0M | 399.0M | 302.0M | 265.0M | 189.0M | 147.0M | 117.0M | 96.3M | 89.2M |
| Cash Paid For Goods | 494.0M | 309.0M | 346.0M | 304.0M | 220.0M | 163.0M | 163.0M | 109.0M | 72.9M | 58.8M | 53.5M | 36.8M | 40.7M |
| Cash Paid To Employees | 332.0M | 268.0M | 235.0M | 197.0M | 138.0M | 101.0M | 73.9M | 53.3M | 40.6M | 32.7M | 25.4M | 21.9M | 18.7M |
| Taxes Paid | 30.6M | 11.2M | 19.1M | 12.4M | 29.9M | 24.7M | 19.3M | 20.7M | 20.6M | 12.3M | 8.8M | 4.6M | 3.2M |
| Total Operating Cash Outflow | 911.0M | 629.0M | 639.0M | 555.0M | 420.0M | 325.0M | 273.0M | 196.0M | 146.0M | 115.0M | 96.8M | 77.0M | 76.4M |
| Operating Cash Flow | 187.0M | 112.0M | 62.2M | 86.3M | 57.0M | 74.2M | 29.3M | 68.8M | 42.1M | 31.6M | 20.1M | 19.3M | 12.9M |
| Total Investing Cash Inflow | 248.0M | 129.0M | 1.0B | 226.0M | 280.0M | 853.0M | 887.0M | 351.0M | 6.2M | 206.0M | 43.3M | 800.00 | 526,100 |
| Total Investing Cash Outflow | 769.0M | 269.0M | 1.5B | 472.0M | 417.0M | 881.0M | 871.0M | 591.0M | 8.4M | 211.0M | 8.4M | 3.1M | 770,900 |
| Investing Cash Flow | -522.0M | -140.0M | -442.0M | -246.0M | -137.0M | -28.6M | 16.4M | -241.0M | -2.2M | -5.3M | 34.8M | -3.1M | -244,800 |
| Cash From Borrowings | 542.0M | -- | 3.0M | 2.9M | -- | -- | -- | -- | -- | -- | -- | 20.0M | -- |
| Dividends And Interest Paid | 30.8M | 32.8M | 32.8M | 21.7M | 18.6M | 18.1M | 17.6M | -- | -- | -- | 29.2M | 161,400 | -- |
| Debt Repayments | 81.5M | 100,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | 20.0M | -- |
| Total Financing Cash Inflow | 723.0M | 3.2M | 3.7M | 26.2M | 724.0M | 6.8M | 40.3M | 233.0M | -- | 19.1M | 16.8M | 20.0M | -- |
| Total Financing Cash Outflow | 128.0M | 50.1M | 42.7M | 71.6M | 55.5M | 47.4M | 17.6M | 9.7M | 400,000 | 3.7M | 62.8M | 20.2M | -- |
| Financing Cash Flow | 595.0M | -46.8M | -39.1M | -45.4M | 668.0M | -40.5M | 22.7M | 223.0M | -400,000 | 15.4M | -46.0M | -161,400 | -- |
| Net Change In Cash | 260.0M | -71.6M | -404.0M | -210.0M | 580.0M | 8.7M | 78.3M | 44.6M | 44.0M | 42.8M | 9.1M | 15.7M | 12.7M |
| Ending Cash Balance | 418.0M | 157.0M | 229.0M | 633.0M | 844.0M | 264.0M | 255.0M | 177.0M | 132.0M | 88.0M | 45.1M | 36.1M | 20.3M |
| Capex | 152.0M | 238.0M | 260.0M | 167.0M | 158.0M | 65.3M | 59.8M | 45.2M | 8.4M | 11.2M | 7.0M | 586,800 | 770,900 |