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 | 437.0M | 543.0M | 716.0M | 655.0M | 490.0M | 441.0M | 365.0M | 303.0M | 231.0M | 169.0M | 118.0M | 76.8M | 48.7M |
| Revenue Growth % | -19.5% | -24.2% | 9.3% | 33.7% | 11.1% | 20.8% | 20.5% | 31.2% | 36.7% | 43.2% | 53.6% | 57.7% | -- |
| Total Revenue | 437.0M | 543.0M | 716.0M | 655.0M | 490.0M | 441.0M | 365.0M | 303.0M | 231.0M | 169.0M | 118.0M | 76.8M | 48.7M |
| Cost Of Revenue | 148.0M | 189.0M | 308.0M | 217.0M | 165.0M | 94.6M | 78.7M | 58.9M | 44.7M | 31.5M | 21.9M | 14.6M | 10.3M |
| Gross Profit | 289.0M | 354.0M | 408.0M | 438.0M | 325.0M | 346.4M | 286.3M | 244.1M | 186.3M | 137.5M | 96.1M | 62.2M | 38.4M |
| Gross Margin % | 66.1% | 65.2% | 57.0% | 66.9% | 66.3% | 78.5% | 78.4% | 80.6% | 80.7% | 81.4% | 81.4% | 81.0% | 78.8% |
| Total Operating Cost | 401.0M | 490.0M | 627.0M | 524.0M | 382.0M | 276.0M | 224.0M | 163.0M | 126.0M | 98.0M | 78.0M | 53.2M | 35.9M |
| Selling Expenses | 131.0M | 176.0M | 195.0M | 181.0M | 124.0M | 111.0M | 83.3M | 66.7M | 45.5M | 37.2M | 26.7M | 19.6M | 13.4M |
| Admin Expenses | 31.5M | 31.5M | 37.2M | 43.9M | 23.6M | 21.6M | 23.5M | 11.1M | 33.6M | 27.1M | 26.8M | 17.8M | 11.8M |
| Rd Expenses | 65.7M | 77.7M | 79.3M | 72.7M | 61.5M | 52.0M | 40.0M | 29.6M | -- | -- | -- | -- | -- |
| Finance Expenses | -7.3M | -4.5M | -11.2M | -4.0M | -984,000 | -6.3M | -5.0M | -6.6M | 303,500 | 582,500 | 786,000 | 134,900 | -150,800 |
| Operating Income | 38.6M | 88.4M | 131.0M | 181.0M | 132.0M | 182.0M | 165.0M | 147.0M | 106.0M | 72.4M | 40.6M | 24.0M | 13.5M |
| Operating Margin % | 8.8% | 16.3% | 18.3% | 27.6% | 26.9% | 41.3% | 45.2% | 48.5% | 45.9% | 42.9% | 34.4% | 31.3% | 27.7% |
| Non Operating Income | 86,400 | 395,000 | 5,300 | 51,700 | 2.00 | 700.00 | 1.00 | 22,400 | 7.2M | 4.8M | 2.0M | 2.0M | 2.4M |
| Non Operating Expenses | 2.9M | 1.3M | 774,700 | 2.4M | 1.9M | 672,000 | 74,500 | 49,600 | 55,700 | 236,100 | 285,200 | 49,200 | -- |
| Investment Income | -9.4M | 12.2M | 18.4M | 10.3M | 7.5M | 6.5M | 9.4M | 1.7M | 673,300 | 1.1M | 443,500 | 376,200 | 683,400 |
| Fair Value Change Income | -173,000 | 11.5M | 17.9M | 30.6M | 2.3M | 1.4M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4.1M | 16,900 | 64,300 | -- | -- | -- | -44,500 | -163,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 11.2M | 2.3M | 3.8M | 3.4M | 2.6M | -- | 1.2M | 1.6M | 384,600 | 605,000 | 864,700 | 239,600 | 205,100 |
| Other Income | 7.9M | 11.8M | 6.0M | 9.5M | 14.6M | 8.8M | 15.1M | 6.2M | -- | -- | -- | -- | -- |
| Income Before Tax | 35.8M | 87.5M | 131.0M | 178.0M | 130.0M | 181.0M | 165.0M | 147.0M | 113.0M | 77.0M | 42.3M | 26.0M | 15.9M |
| Income Tax | 7.4M | 2.8M | 6.9M | 17.1M | 9.8M | 24.1M | 23.7M | 20.4M | 15.2M | 11.2M | 6.3M | 3.4M | 2.2M |
| Net Income | 28.4M | 84.7M | 124.0M | 161.0M | 121.0M | 157.0M | 142.0M | 127.0M | 97.8M | 65.8M | 36.0M | 22.6M | 13.6M |
| Net Margin % | 6.5% | 15.6% | 17.3% | 24.6% | 24.7% | 35.6% | 38.9% | 41.9% | 42.3% | 38.9% | 30.5% | 29.4% | 28.0% |
| Net Income Attributable | 34.5M | 89.4M | 125.0M | 161.0M | 121.0M | 157.0M | 142.0M | 127.0M | 97.8M | 65.8M | 36.0M | 22.6M | 13.6M |
| Minority Interest | -6.2M | -4.7M | -1.0M | -24,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.21 | 0.55 | 0.77 | 0.99 | 0.74 | 1.74 | 1.57 | 1.54 | 2.17 | 1.46 | 0.80 | -- | -- |
| Eps Diluted | 0.21 | 0.55 | 0.77 | 0.98 | 0.74 | 1.74 | 1.57 | 1.54 | 2.17 | 1.46 | 0.80 | -- | -- |
| 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 | 309.0M | 389.0M | 243.0M | 186.0M | 314.0M | 342.0M | 505.0M | 608.0M | 116.0M | 76.6M | 53.3M | 36.9M | 40.4M |
| Trading Financial Assets | 182.0M | 103.0M | 261.0M | 271.0M | 244.0M | 292.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 224.0M | 247.0M | 254.0M | 188.0M | 143.0M | 97.6M | 83.9M | 61.8M | 31.5M | 27.1M | 16.8M | 9.9M | 6.3M |
| Notes And Accounts Receivable | 224.0M | 247.0M | 254.0M | 188.0M | 143.0M | 97.6M | 83.9M | 61.8M | 31.5M | 27.1M | 16.8M | 9.9M | 6.3M |
| Prepayments | 5.4M | 13.6M | 8.9M | 7.8M | 31.8M | 23.3M | 15.9M | 15.5M | 3.8M | 8.9M | 5.9M | 5.8M | 1.6M |
| Inventory | 111.0M | 160.0M | 218.0M | 213.0M | 171.0M | 108.0M | 81.8M | 67.9M | 59.9M | 27.6M | 18.7M | 18.8M | 13.1M |
| Total Current Assets | 919.0M | 930.0M | 1.1B | 897.0M | 935.0M | 903.0M | 828.0M | 761.0M | 212.0M | 141.0M | 95.0M | 71.8M | 62.0M |
| Long Term Equity Investment | 118.0M | 88.1M | 62.8M | 41.6M | 31.7M | 29.2M | 5.5M | 5.9M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 249.0M | 301.0M | 326.0M | 291.0M | 207.0M | 155.0M | 117.0M | 95.4M | 71.6M | 62.8M | 51.8M | 17.6M |
| Fixed Assets Total | 195.0M | 249.0M | 301.0M | 326.0M | 291.0M | 207.0M | 155.0M | 117.0M | 95.4M | 71.6M | 62.8M | 51.8M | 17.6M |
| Construction In Progress | -- | 56.7M | 7.0M | -- | -- | 80.6M | 74.8M | 32.8M | 12.6M | 690,900 | -- | -- | -- |
| Construction In Progress Total | 167.0M | 56.7M | 7.0M | -- | -- | 80.6M | 74.8M | 32.8M | 12.6M | 690,900 | -- | -- | -- |
| Intangible Assets | 50.3M | 10.1M | 11.6M | 13.5M | 14.4M | 10.4M | 10.2M | 10.5M | 11.1M | 11.2M | -- | -- | -- |
| Long Term Deferred Expenses | 3.8M | 9.4M | 5.9M | 6.3M | 3.2M | 4.4M | 5.5M | 6.4M | 7.5M | 4.8M | 3.7M | 1.4M | 872,700 |
| Total Non Current Assets | 830.0M | 750.0M | 614.0M | 602.0M | 436.0M | 344.0M | 275.0M | 174.0M | 129.0M | 90.2M | 66.8M | 56.1M | 19.4M |
| Total Assets | 1.7B | 1.7B | 1.7B | 1.5B | 1.4B | 1.2B | 1.1B | 935.0M | 341.0M | 231.0M | 162.0M | 128.0M | 81.3M |
| Short Term Borrowings | 6.0M | 344,200 | 10.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 78.6M | 68.3M | 94.2M | 41.8M | 36.9M | 10.1M | 13.3M | 2.4M | 9.5M | 9.0M | 6.7M | 7.2M | 2.6M |
| Advance Receipts | -- | -- | 202,300 | 202,300 | 1.7M | 12.8M | 10.4M | 6.1M | 2.9M | 5.9M | 4.0M | 5.1M | 2.4M |
| Contract Liabilities | 8.3M | 11.6M | 10.9M | 11.8M | 18.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 131.0M | 131.0M | 168.0M | 81.4M | 95.1M | 70.4M | 71.3M | 31.9M | 30.5M | 28.7M | 19.5M | 20.3M | 8.9M |
| Long Term Borrowings | 88.4M | -- | -- | -- | -- | -- | -- | -- | 14.0M | 9.8M | 11.2M | 12.6M | -- |
| Total Non Current Liabilities | 99.8M | 12.7M | 15.9M | 21.1M | 10.1M | 7.4M | 7.4M | 7.4M | 21.4M | 9.8M | 11.2M | 12.6M | -- |
| Total Liabilities | 231.0M | 144.0M | 184.0M | 103.0M | 105.0M | 77.8M | 78.7M | 39.3M | 51.9M | 38.5M | 30.7M | 32.9M | 8.9M |
| Paid In Capital | 163.0M | 164.0M | 164.0M | 164.0M | 90.7M | 90.8M | 90.8M | 60.0M | 45.0M | 45.0M | 45.0M | 45.0M | 45.0M |
| Capital Reserve | 494.0M | 507.0M | 515.0M | 506.0M | 562.0M | 559.0M | 555.0M | 549.0M | 65.5M | 62.5M | 62.5M | 22.0M | 22.0M |
| Surplus Reserve | 85.1M | 85.1M | 85.1M | 73.8M | 62.7M | 62.7M | 46.7M | 31.6M | 18.9M | 9.0M | 2.4M | 2.8M | 546,700 |
| Retained Earnings | 808.0M | 797.0M | 741.0M | 668.0M | 558.0M | 473.0M | 358.0M | 255.0M | 159.0M | 75.9M | 21.2M | 25.2M | 4.9M |
| Minority Equity | 10.5M | 7.2M | 8.3M | 2.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.5B | 1.5B | 1.4B | 1.3B | 1.2B | 1.0B | 896.0M | 289.0M | 192.0M | 131.0M | 95.0M | 72.5M |
| Total Equity | 1.5B | 1.5B | 1.5B | 1.4B | 1.3B | 1.2B | 1.0B | 896.0M | 289.0M | 192.0M | 131.0M | 95.0M | 72.5M |
| 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 | 505.0M | 606.0M | 712.0M | 671.0M | 512.0M | 490.0M | 404.0M | 325.0M | 261.0M | 188.0M | 128.0M | 87.9M | 50.6M |
| Tax Refunds Received | 133,000 | 1.2M | 3.1M | 415,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 523.0M | 636.0M | 729.0M | 684.0M | 535.0M | 511.0M | 434.0M | 337.0M | 274.0M | 193.0M | 130.0M | 90.7M | 53.1M |
| Cash Paid For Goods | 126.0M | 186.0M | 256.0M | 226.0M | 207.0M | 121.0M | 85.1M | 80.4M | 69.2M | 39.3M | 21.2M | 18.4M | 16.7M |
| Cash Paid To Employees | 134.0M | 181.0M | 161.0M | 164.0M | 109.0M | 94.5M | 71.9M | 58.8M | 39.5M | 32.2M | 21.7M | 16.6M | 12.8M |
| Taxes Paid | 42.7M | 59.9M | 68.6M | 60.7M | 54.8M | 50.7M | 64.6M | 50.8M | 34.3M | 26.9M | 19.8M | 10.2M | 4.6M |
| Total Operating Cash Outflow | 358.0M | 509.0M | 564.0M | 601.0M | 438.0M | 337.0M | 273.0M | 231.0M | 176.0M | 128.0M | 89.4M | 64.4M | 46.3M |
| Operating Cash Flow | 165.0M | 126.0M | 165.0M | 82.6M | 96.8M | 175.0M | 161.0M | 106.0M | 98.4M | 64.7M | 40.8M | 26.3M | 6.9M |
| Total Investing Cash Inflow | 769.0M | 704.0M | 1.2B | 1.8B | 1.9B | 1.4B | 1.6B | 478.0M | 221.0M | 107.0M | 67.4M | 103.0M | 163.0M |
| Total Investing Cash Outflow | 1.1B | 662.0M | 1.2B | 2.0B | 2.0B | 1.7B | 1.9B | 557.0M | 285.0M | 143.0M | 89.1M | 147.0M | 174.0M |
| Investing Cash Flow | -287.0M | 42.6M | -67.5M | -169.0M | -85.2M | -309.0M | -267.0M | -79.5M | -64.2M | -36.5M | -21.7M | -44.0M | -11.1M |
| Cash From Borrowings | 94.3M | 343,900 | 10.0M | -- | -- | -- | -- | -- | 5.6M | -- | -- | 14.3M | -- |
| Dividends And Interest Paid | 25.6M | 33.1M | 40.8M | 36.4M | 36.3M | 27.3M | 24.2M | 18.4M | 5.1M | 5.3M | 974,300 | 286,800 | -- |
| Debt Repayments | 343,900 | 10.0M | -- | -- | -- | -- | -- | 15.4M | 1.4M | 1.4M | 1.7M | -- | -- |
| Total Financing Cash Inflow | 107.0M | 22.8M | 16.8M | 12.7M | -- | -- | 26.8M | 507.0M | 13.0M | -- | -- | 14.3M | 20.0M |
| Total Financing Cash Outflow | 68.1M | 53.8M | 63.5M | 52.7M | 40.2M | 28.1M | 24.3M | 41.7M | 6.5M | 6.7M | 2.7M | 286,800 | -- |
| Financing Cash Flow | 39.0M | -31.0M | -46.7M | -39.9M | -40.2M | -28.1M | 2.5M | 465.0M | 6.5M | -6.7M | -2.7M | 14.0M | 20.0M |
| Net Change In Cash | -83.1M | 137.0M | 57.0M | -127.0M | -28.5M | -163.0M | -103.0M | 492.0M | 40.7M | 21.5M | 16.4M | -3.6M | 15.7M |
| Ending Cash Balance | 298.0M | 381.0M | 243.0M | 186.0M | 313.0M | 341.0M | 504.0M | 607.0M | 115.0M | 74.7M | 53.3M | 36.9M | 40.4M |
| Capex | 86.5M | 101.0M | 66.9M | 114.0M | 79.5M | 100.0M | 145.0M | 75.4M | 64.9M | 38.3M | 22.1M | 44.3M | 11.8M |