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 | 785.0M | 919.0M | 644.0M | 1.3B | 993.0M | 603.0M | 356.0M | 281.0M | 216.0M | 208.0M | 126.0M | 176.0M | 94.8M |
| Revenue Growth % | -14.6% | 42.7% | -49.3% | 27.9% | 64.7% | 69.4% | 26.7% | 30.1% | 3.8% | 65.1% | -28.4% | 85.6% | -- |
| Total Revenue | 785.0M | 919.0M | 644.0M | 1.3B | 993.0M | 603.0M | 356.0M | 281.0M | 216.0M | 208.0M | 126.0M | 176.0M | 94.8M |
| Cost Of Revenue | 272.0M | 417.0M | 250.0M | 455.0M | 337.0M | 182.0M | 119.0M | 100.0M | 59.4M | 71.5M | 42.8M | 73.8M | 34.8M |
| Gross Profit | 513.0M | 502.0M | 394.0M | 815.0M | 656.0M | 421.0M | 237.0M | 181.0M | 156.6M | 136.5M | 83.2M | 102.2M | 60.0M |
| Gross Margin % | 65.4% | 54.6% | 61.2% | 64.2% | 66.1% | 69.8% | 66.6% | 64.4% | 72.5% | 65.6% | 66.0% | 58.1% | 63.3% |
| Total Operating Cost | 970.0M | 1.2B | 1.1B | 1.2B | 783.0M | 495.0M | 340.0M | 251.0M | 179.0M | 178.0M | 133.0M | 150.0M | 92.7M |
| Selling Expenses | 306.0M | 320.0M | 308.0M | 243.0M | 138.0M | 103.0M | 73.3M | 50.4M | 43.2M | 37.9M | 30.0M | 30.6M | 19.8M |
| Admin Expenses | 137.0M | 144.0M | 160.0M | 171.0M | 111.0M | 90.5M | 68.2M | 46.1M | 70.6M | 62.3M | 58.0M | 39.6M | 36.3M |
| Rd Expenses | 221.0M | 259.0M | 404.0M | 323.0M | 166.0M | 107.0M | 70.4M | 47.1M | -- | -- | -- | -- | -- |
| Finance Expenses | 5.7M | 9.9M | 2.7M | -3.7M | -5.8M | -2.6M | -1.7M | -770,400 | -305,500 | -188,300 | -3,900 | 355,800 | -50,000 |
| Operating Income | -127.0M | -185.0M | -446.0M | 127.0M | 258.0M | 139.0M | 50.9M | 52.3M | 37.2M | 29.2M | -7.0M | 26.6M | 2.1M |
| Operating Margin % | -16.2% | -20.1% | -69.3% | 10.0% | 26.0% | 23.1% | 14.3% | 18.6% | 17.2% | 14.0% | -5.6% | 15.1% | 2.2% |
| Non Operating Income | 459,700 | 1.5M | 5.4M | 619,700 | 411,100 | 244,700 | 925,400 | 459,400 | 17.6M | 29.1M | 15.2M | 23.3M | 21.8M |
| Non Operating Expenses | 1.2M | 3.4M | 2.6M | 5.6M | 3.3M | 3.2M | 831,000 | 900,100 | 377,400 | 566,300 | 539,700 | 247,000 | 615,600 |
| Investment Income | 4.1M | 3.0M | 6.3M | 12.0M | 4.7M | 188,200 | 2.9M | 1.2M | -- | -- | 19,700 | -- | -- |
| Fair Value Change Income | -- | -247,800 | 247,800 | -626,200 | 626,200 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 945,900 | 12.7M | 682,500 | 60,500 | 200.00 | -44,900 | -3,100 | -2,700 | 21,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 4.2M | 4.5M | 1.3M | 1.3M | 10.2M | -- | 5.4M | 3.7M | 2.4M | 3.5M | -229,400 | 3.2M | 396,200 |
| Other Income | 52.5M | 47.5M | 44.9M | 65.4M | 43.8M | 31.6M | 31.6M | 20.9M | -- | -- | -- | -- | -- |
| Income Before Tax | -128.0M | -187.0M | -443.0M | 122.0M | 255.0M | 136.0M | 51.0M | 51.8M | 54.4M | 57.7M | 7.6M | 49.7M | 23.3M |
| Income Tax | -2.9M | -606,000 | 3.5M | 5.4M | 13.7M | 11.4M | 8.6M | 3.2M | 6.1M | 8.7M | 3.0M | 8.0M | 4.2M |
| Net Income | -125.0M | -186.0M | -447.0M | 117.0M | 242.0M | 125.0M | 42.4M | 48.6M | 48.4M | 49.0M | 4.6M | 41.7M | 19.1M |
| Net Margin % | -15.9% | -20.2% | -69.4% | 9.2% | 24.4% | 20.7% | 11.9% | 17.3% | 22.4% | 23.6% | 3.7% | 23.7% | 20.2% |
| Net Income Attributable | -125.0M | -186.0M | -447.0M | 117.0M | 242.0M | 125.0M | 42.4M | 48.6M | 48.4M | 49.0M | 4.6M | 41.7M | 19.2M |
| Minority Interest | 13,300 | -- | -- | -- | -- | -13,300 | -- | -- | -- | -- | -- | -15,200 | -12,100 |
| Eps Basic | -0.50 | -0.83 | -1.99 | 0.52 | 1.12 | 0.59 | 0.32 | 0.42 | 0.79 | 0.80 | 0.08 | 0.51 | 0.13 |
| Eps Diluted | -0.50 | -0.83 | -1.99 | 0.51 | 1.10 | 0.58 | 0.32 | 0.42 | 0.75 | 0.80 | 0.08 | 0.51 | 0.13 |
| 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 | 603.0M | 368.0M | 457.0M | 683.0M | 775.0M | 377.0M | 318.0M | 232.0M | 107.0M | 136.0M | 77.9M | 72.7M | 39.3M |
| Trading Financial Assets | -- | -- | 87.2M | -- | 431.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 423.0M | 418.0M | 403.0M | 543.0M | 428.0M | 227.0M | 136.0M | 110.0M | 53.3M | 36.0M | 26.5M | 37.6M | 18.7M |
| Notes Receivable | 5.4M | 976,400 | 372,300 | 5.3M | 416,500 | -- | 261,000 | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 429.0M | 419.0M | 404.0M | 548.0M | 429.0M | 227.0M | 136.0M | 110.0M | 53.3M | 36.0M | 26.5M | 37.6M | 18.7M |
| Prepayments | 7.8M | 9.3M | 11.8M | 16.9M | 12.0M | 6.7M | 12.0M | 2.2M | 1.7M | 1.9M | 984,200 | 1.8M | 328,800 |
| Inventory | 65.5M | 93.5M | 141.0M | 96.2M | 90.8M | 44.7M | 37.4M | 19.9M | 12.4M | 15.2M | 9.4M | 14.4M | 15.2M |
| Total Current Assets | 1.2B | 952.0M | 1.2B | 1.5B | 1.8B | 675.0M | 517.0M | 476.0M | 183.0M | 195.0M | 118.0M | 133.0M | 83.0M |
| Long Term Equity Investment | 40.5M | 39.6M | 37.6M | 50.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 32.5M | 57.7M | 70.7M | 46.3M | 47.8M | 40.4M | 40.1M | 40.1M | 41.1M | 42.9M | 10.5M | 11.6M |
| Fixed Assets Total | 291.0M | 32.5M | 57.7M | 70.7M | 46.3M | 47.8M | 40.4M | 40.1M | 40.1M | 41.1M | 42.9M | 10.5M | 11.6M |
| Construction In Progress | -- | -- | -- | 126,200 | -- | -- | -- | -- | -- | -- | -- | -- | 740,400 |
| Construction In Progress Total | 1.2M | -- | -- | 126,200 | -- | -- | -- | -- | -- | -- | -- | -- | 740,400 |
| Intangible Assets | 221.0M | 98.9M | 75.1M | 62.7M | 4.8M | 3.2M | 2.9M | 2.5M | 1.1M | 1.4M | 1.3M | 4.5M | 4.1M |
| Long Term Deferred Expenses | 5.0M | 13.4M | 25.3M | 32.9M | 30.2M | 3.2M | 3.9M | 3.9M | 1.9M | 276,900 | 462,200 | 535,600 | 781,400 |
| Total Non Current Assets | 801.0M | 737.0M | 722.0M | 724.0M | 145.0M | 70.3M | 76.2M | 70.6M | 55.7M | 54.7M | 57.0M | 48.2M | 40.5M |
| Total Assets | 2.0B | 1.7B | 1.9B | 2.2B | 1.9B | 745.0M | 593.0M | 547.0M | 239.0M | 250.0M | 175.0M | 181.0M | 123.0M |
| Short Term Borrowings | 278.0M | 289.0M | 302.0M | -- | -- | -- | -- | -- | 6.0M | 8.0M | 8.0M | 5.0M | 10.0M |
| Accounts Payable | 150.0M | 164.0M | 147.0M | 193.0M | 180.0M | 75.1M | 59.1M | 63.1M | 25.6M | 40.8M | 18.0M | 28.6M | 12.0M |
| Advance Receipts | 35,000 | 75,700 | 660,800 | 805,400 | 547,100 | 25.5M | 18.6M | 3.7M | 1.9M | 9.8M | 6.9M | 7.3M | 9.1M |
| Contract Liabilities | 44.7M | 52.7M | 53.5M | 17.3M | 26.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 584.0M | 669.0M | 623.0M | 441.0M | 383.0M | 165.0M | 135.0M | 119.0M | 62.6M | 84.3M | 47.9M | 64.9M | 46.3M |
| Total Non Current Liabilities | 38.0M | 37.6M | 64.3M | 58.7M | 7.0M | 5.5M | 6.9M | 16.5M | 20.2M | 20.6M | 26.0M | 14.2M | 12.2M |
| Total Liabilities | 622.0M | 707.0M | 688.0M | 500.0M | 390.0M | 170.0M | 142.0M | 136.0M | 82.8M | 105.0M | 74.0M | 79.1M | 58.5M |
| Paid In Capital | 260.0M | 226.0M | 226.0M | 227.0M | 227.0M | 133.0M | 133.0M | 82.8M | 61.2M | 61.2M | 61.2M | 61.2M | 34.1M |
| Capital Reserve | 1.4B | 915.0M | 949.0M | 987.0M | 923.0M | 226.0M | 219.0M | 251.0M | 23.3M | 22.5M | 19.8M | 3.3M | 2.1M |
| Surplus Reserve | 41.6M | 41.6M | 41.6M | 41.6M | 35.0M | 31.7M | 23.4M | 20.5M | 17.2M | 13.4M | 9.0M | 8.2M | 3.7M |
| Retained Earnings | -321.0M | -196.0M | -9.7M | 460.0M | 406.0M | 197.0M | 94.0M | 75.2M | 54.3M | 48.0M | 11.0M | 29.3M | 25.0M |
| Minority Equity | -- | -13,300 | -13,300 | -13,300 | -13,300 | -13,300 | -- | -- | -- | -- | -- | -- | 85,400 |
| Equity Attributable | 1.4B | 983.0M | 1.2B | 1.7B | 1.5B | 575.0M | 452.0M | 411.0M | 156.0M | 145.0M | 101.0M | 102.0M | 64.9M |
| Total Equity | 1.4B | 983.0M | 1.2B | 1.7B | 1.5B | 575.0M | 452.0M | 411.0M | 156.0M | 145.0M | 101.0M | 102.0M | 64.9M |
| 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 | 854.0M | 1.0B | 898.0M | 1.3B | 887.0M | 592.0M | 396.0M | 269.0M | 225.0M | 233.0M | 158.0M | 183.0M | 113.0M |
| Tax Refunds Received | 22.8M | 25.4M | 37.0M | 52.3M | 28.1M | 20.1M | 17.3M | 12.6M | 13.0M | 12.1M | 10.8M | 9.4M | 7.0M |
| Total Operating Cash Inflow | 929.0M | 1.1B | 983.0M | 1.4B | 956.0M | 635.0M | 435.0M | 296.0M | 248.0M | 261.0M | 187.0M | 228.0M | 150.0M |
| Cash Paid For Goods | 320.0M | 398.0M | 401.0M | 489.0M | 339.0M | 195.0M | 167.0M | 83.9M | 80.1M | 67.5M | 53.9M | 73.2M | 47.5M |
| Cash Paid To Employees | 456.0M | 488.0M | 683.0M | 455.0M | 218.0M | 148.0M | 116.0M | 83.1M | 65.5M | 49.5M | 41.9M | 38.1M | 28.8M |
| Taxes Paid | 64.6M | 53.8M | 65.3M | 142.0M | 70.3M | 76.8M | 43.0M | 36.5M | 35.3M | 27.0M | 30.0M | 24.1M | 10.9M |
| Total Operating Cash Outflow | 992.0M | 1.1B | 1.3B | 1.3B | 783.0M | 551.0M | 425.0M | 268.0M | 228.0M | 189.0M | 163.0M | 178.0M | 121.0M |
| Operating Cash Flow | -62.7M | -20.4M | -346.0M | 100.0M | 173.0M | 84.1M | 10.2M | 28.2M | 19.9M | 72.4M | 24.0M | 49.8M | 29.0M |
| Total Investing Cash Inflow | 715.0M | 223.0M | 881.0M | 3.0B | 1.3B | 73.5M | 103.0M | 1.3M | 81,000 | 21,000 | 8.0M | 230,700 | -- |
| Total Investing Cash Outflow | 859.0M | 234.0M | 1.0B | 3.1B | 1.8B | 86.0M | 11.6M | 120.0M | 6.6M | 4.0M | 11.7M | 14.9M | 23.3M |
| Investing Cash Flow | -143.0M | -11.4M | -120.0M | -85.4M | -526.0M | -12.5M | 91.4M | -119.0M | -6.5M | -4.0M | -3.7M | -14.6M | -23.3M |
| Cash From Borrowings | 404.0M | 307.0M | 301.0M | -- | -- | -- | -- | 3.0M | 6.0M | 8.0M | 13.0M | 10.0M | 10.0M |
| Dividends And Interest Paid | 6.0M | 8.2M | 26.2M | 56.7M | 26.6M | 13.3M | 20.7M | 24.7M | 38.8M | 8.0M | 18.0M | 6.4M | 101,300 |
| Debt Repayments | 445.0M | 321.0M | -- | -- | -- | -- | -- | 9.0M | 8.0M | 8.0M | 10.0M | 15.0M | -- |
| Total Financing Cash Inflow | 908.0M | 307.0M | 310.0M | -- | 758.0M | -- | 5.4M | 260.0M | 6.0M | 8.0M | 13.0M | 20.0M | 10.0M |
| Total Financing Cash Outflow | 475.0M | 389.0M | 61.7M | 99.0M | 28.9M | 14.3M | 21.2M | 43.9M | 48.0M | 18.8M | 28.1M | 21.7M | 101,300 |
| Financing Cash Flow | 434.0M | -82.2M | 249.0M | -99.0M | 730.0M | -14.3M | -15.8M | 216.0M | -42.0M | -10.8M | -15.1M | -1.7M | 9.9M |
| Net Change In Cash | 227.0M | -114.0M | -217.0M | -84.3M | 377.0M | 57.4M | 85.9M | 125.0M | -28.7M | 57.6M | 5.2M | 33.5M | 15.7M |
| Ending Cash Balance | 564.0M | 337.0M | 451.0M | 668.0M | 752.0M | 375.0M | 318.0M | 232.0M | 107.0M | 136.0M | 77.9M | 72.7M | 39.2M |
| Capex | 164.0M | 127.0M | 87.8M | 464.0M | 78.2M | 13.0M | 8.5M | 10.1M | 6.6M | 4.0M | 11.7M | 10.7M | 23.3M |