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 | 768.0M | 894.0M | 718.0M | 845.0M | 771.0M | 365.0M | 210.0M | 173.0M | 131.0M | 94.1M | 74.3M | 65.9M | 48.9M |
| Revenue Growth % | -14.1% | 24.5% | -15.0% | 9.6% | 111.2% | 73.8% | 21.4% | 32.1% | 39.2% | 26.6% | 12.8% | 34.8% | -- |
| Total Revenue | 768.0M | 894.0M | 718.0M | 845.0M | 771.0M | 365.0M | 210.0M | 173.0M | 131.0M | 94.1M | 74.3M | 65.9M | 48.9M |
| Cost Of Revenue | 516.0M | 592.0M | 473.0M | 539.0M | 507.0M | 254.0M | 105.0M | 78.4M | 62.9M | 40.3M | 28.6M | 23.3M | 16.7M |
| Gross Profit | 252.0M | 302.0M | 245.0M | 306.0M | 264.0M | 111.0M | 105.0M | 94.6M | 68.1M | 53.8M | 45.8M | 42.6M | 32.2M |
| Gross Margin % | 32.8% | 33.8% | 34.1% | 36.2% | 34.2% | 30.4% | 50.0% | 54.7% | 52.0% | 57.2% | 61.6% | 64.7% | 65.9% |
| Total Operating Cost | 916.0M | 868.0M | 725.0M | 773.0M | 728.0M | 346.0M | 164.0M | 129.0M | 94.9M | 69.1M | 54.5M | 49.7M | 32.2M |
| Selling Expenses | 87.8M | 94.2M | 83.6M | 92.0M | 84.6M | 31.8M | 16.7M | 11.6M | 5.8M | 4.5M | 4.4M | 4.4M | 3.3M |
| Admin Expenses | 73.8M | 77.9M | 64.6M | 60.4M | 46.9M | 25.4M | 16.1M | 12.7M | 24.5M | 22.0M | 18.3M | 19.8M | 10.9M |
| Rd Expenses | 86.6M | 85.8M | 83.0M | 74.4M | 70.3M | 30.1M | 22.5M | 21.2M | -- | -- | -- | -- | -- |
| Finance Expenses | -725,600 | -2.4M | -623,800 | -2.6M | 4.8M | 1.0M | -2.3M | 1.1M | 975,300 | 618,900 | 276,200 | -111,900 | -9,900 |
| Operating Income | -129.0M | 43.6M | 8.8M | 84.6M | 52.4M | 29.2M | 52.2M | 46.7M | 36.2M | 25.3M | 20.7M | 17.1M | 17.7M |
| Operating Margin % | -16.8% | 4.9% | 1.2% | 10.0% | 6.8% | 8.0% | 24.9% | 27.0% | 27.7% | 26.9% | 27.8% | 26.0% | 36.2% |
| Non Operating Income | 98,300 | 105,700 | 920,400 | 3.3M | 1.5M | 1.8M | 1.5M | 1.8M | 712,900 | 2.9M | 1.5M | 5.8M | 1.9M |
| Non Operating Expenses | 4.4M | 1.7M | 1.4M | 917,800 | 139,100 | 185,100 | 200.00 | 9,800 | 4,600 | 46,200 | 3,300 | 31,900 | 45,500 |
| Investment Income | 1.1M | 1.6M | -403,900 | 2.3M | 1.3M | 1.4M | 2.5M | -- | -- | 253,700 | 787,900 | 936,300 | 1.0M |
| Fair Value Change Income | 1.6M | 1.3M | 1.3M | 49,800 | -- | -- | -- | -- | -- | -- | -- | 18,300 | 31,600 |
| Asset Disposal Income | 203,900 | 1.4M | -65,200 | 335,700 | 113,300 | -6,600 | -143,200 | -13,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 132.0M | 7.2M | 8.0M | 200,500 | 2.3M | -- | 4.2M | 3.0M | -524,900 | 958,200 | 2.3M | 2.0M | 816,600 |
| Other Income | 15.9M | 13.4M | 14.3M | 9.8M | 8.9M | 8.9M | 3.1M | 2.8M | -- | -- | -- | -- | -- |
| Income Before Tax | -133.0M | 42.0M | 8.3M | 87.0M | 53.7M | 30.8M | 53.7M | 48.5M | 37.0M | 28.1M | 22.2M | 22.9M | 19.5M |
| Income Tax | 8.8M | 4.8M | 2.1M | 9.2M | 3.2M | -2.5M | 6.4M | 5.7M | 4.7M | 3.9M | 3.0M | 2.8M | 3.3M |
| Net Income | -142.0M | 37.2M | 6.2M | 77.8M | 50.5M | 33.3M | 47.3M | 42.9M | 32.3M | 24.3M | 19.2M | 20.1M | 16.2M |
| Net Margin % | -18.5% | 4.2% | 0.9% | 9.2% | 6.6% | 9.1% | 22.5% | 24.8% | 24.6% | 25.8% | 25.8% | 30.6% | 33.2% |
| Net Income Attributable | -142.0M | 36.3M | 4.1M | 75.6M | 50.6M | 33.3M | 47.3M | 42.9M | 32.3M | 24.3M | 19.2M | 20.1M | 16.2M |
| Minority Interest | 19,900 | 890,000 | 2.1M | 2.2M | -89,600 | -33,500 | -4,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.70 | 0.17 | 0.02 | 0.38 | 0.27 | 0.22 | 0.46 | 0.48 | 0.63 | 0.48 | 0.38 | 0.57 | 0.46 |
| Eps Diluted | -0.70 | 0.17 | 0.02 | 0.38 | 0.27 | 0.22 | 0.46 | 0.48 | 0.63 | 0.48 | 0.38 | -- | -- |
| 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 | 386.0M | 401.0M | 398.0M | 353.0M | 281.0M | 262.0M | 119.0M | 73.5M | 51.4M | 23.0M | 22.3M | 3.8M | 10.6M |
| Trading Financial Assets | -- | -- | -- | -- | 50.0M | -- | -- | -- | -- | -- | -- | 19.5M | 11.6M |
| Accounts Receivable | 174.0M | 174.0M | 173.0M | 206.0M | 235.0M | 231.0M | 149.0M | 106.0M | 74.2M | 71.0M | 59.8M | 36.9M | 19.0M |
| Notes Receivable | 6.3M | 9.3M | 7.5M | 28.6M | 23.8M | 8.2M | 11.4M | 9.0M | 1.8M | 7.7M | 1.2M | 850,000 | 639,000 |
| Notes And Accounts Receivable | 181.0M | 183.0M | 180.0M | 235.0M | 259.0M | 240.0M | 160.0M | 115.0M | 76.0M | 78.7M | 61.1M | 37.8M | 19.6M |
| Prepayments | 24.4M | 28.3M | 45.7M | 43.0M | 43.5M | 33.1M | 30.5M | 23.5M | 20.8M | 15.3M | 6.7M | 6.9M | 7.3M |
| Inventory | 252.0M | 263.0M | 299.0M | 276.0M | 220.0M | 182.0M | 36.1M | 32.8M | 36.1M | 18.8M | 18.5M | 15.9M | 12.4M |
| Total Current Assets | 874.0M | 909.0M | 953.0M | 939.0M | 894.0M | 758.0M | 406.0M | 399.0M | 189.0M | 137.0M | 110.0M | 88.1M | 73.6M |
| Long Term Equity Investment | 45.4M | 22.6M | 16.7M | 16.3M | -- | -- | -- | -- | -- | -- | -- | -- | 118,500 |
| Fixed Assets | -- | 152.0M | 174.0M | 194.0M | 194.0M | 194.0M | 41.8M | 41.1M | 30.4M | 28.0M | 20.3M | 14.2M | 8.2M |
| Fixed Assets Total | 119.0M | 152.0M | 174.0M | 194.0M | 194.0M | 194.0M | 41.8M | 41.1M | 30.4M | 28.0M | 20.3M | 14.2M | 8.2M |
| Construction In Progress | -- | -- | -- | -- | 8,200 | 102,700 | 25.5M | 25,100 | 5.7M | 2.5M | 2.6M | -- | -- |
| Construction In Progress Total | 635,200 | -- | -- | -- | 8,200 | 102,700 | 25.5M | 25,100 | 5.7M | 2.5M | 2.6M | -- | -- |
| Intangible Assets | 45.9M | 51.7M | 54.6M | 62.3M | 70.7M | 78.8M | 6.9M | 7.6M | 3.3M | 2.6M | 552,000 | 433,900 | 328,200 |
| Long Term Deferred Expenses | 20.7M | 23.5M | 25.7M | 28.1M | 26.6M | 28.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 597.0M | 699.0M | 715.0M | 731.0M | 668.0M | 670.0M | 101.0M | 60.0M | 40.5M | 36.7M | 27.2M | 17.2M | 9.3M |
| Total Assets | 1.5B | 1.6B | 1.7B | 1.7B | 1.6B | 1.4B | 507.0M | 459.0M | 230.0M | 174.0M | 137.0M | 105.0M | 82.9M |
| Short Term Borrowings | -- | 15.0M | 57.4M | 56.2M | 70.8M | 64.5M | 59.7M | 56.0M | 28.8M | 14.4M | 5.0M | 2.0M | 96,000 |
| Accounts Payable | 95.0M | 75.9M | 71.6M | 80.1M | 78.1M | 84.5M | 17.8M | 11.5M | 16.8M | 11.4M | 13.7M | 9.6M | 5.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 114.0M | 6.8M | 15.2M | 9.8M | 8.4M | 5.7M | 1.8M | 5.5M |
| Contract Liabilities | 147.0M | 124.0M | 191.0M | 175.0M | 141.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 298.0M | 283.0M | 389.0M | 380.0M | 359.0M | 522.0M | 106.0M | 99.9M | 68.0M | 44.6M | 32.1M | 19.3M | 17.1M |
| Total Non Current Liabilities | 27.8M | 39.9M | 43.4M | 36.5M | 52.1M | 49.6M | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 326.0M | 323.0M | 432.0M | 417.0M | 411.0M | 571.0M | 106.0M | 99.9M | 68.0M | 44.6M | 32.1M | 19.3M | 17.1M |
| Paid In Capital | 205.0M | 203.0M | 201.0M | 201.0M | 199.0M | 122.0M | 102.0M | 68.0M | 51.0M | 51.0M | 51.0M | 35.0M | 35.0M |
| Capital Reserve | 807.0M | 792.0M | 764.0M | 752.0M | 719.0M | 548.0M | 126.0M | 160.0M | 22.3M | 22.3M | 22.3M | 309,400 | 309,400 |
| Surplus Reserve | 15.0M | 15.0M | 15.0M | 15.0M | 8.5M | 8.0M | 6.8M | 5.3M | 3.3M | 1.9M | 648,200 | 3.7M | 2.8M |
| Retained Earnings | 95.5M | 258.0M | 242.0M | 278.0M | 228.0M | 191.0M | 165.0M | 126.0M | 85.0M | 54.2M | 31.2M | 46.9M | 27.7M |
| Minority Equity | 8.3M | 7.8M | 8.9M | 8.6M | 6.4M | 10.3M | -4,700 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.3B | 1.2B | 1.2B | 1.1B | 846.0M | 400.0M | 359.0M | 162.0M | 129.0M | 105.0M | 86.0M | 65.8M |
| Total Equity | 1.1B | 1.3B | 1.2B | 1.3B | 1.1B | 857.0M | 400.0M | 359.0M | 162.0M | 129.0M | 105.0M | 86.0M | 65.8M |
| 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 | 852.0M | 883.0M | 840.0M | 960.0M | 846.0M | 371.0M | 182.0M | 163.0M | 159.0M | 97.7M | 63.4M | 57.6M | 48.5M |
| Tax Refunds Received | 961,700 | 3.9M | 12.4M | 6.7M | 15.2M | 4.8M | 2.4M | 2.3M | 884,200 | 1.4M | 335,900 | -- | 148,100 |
| Total Operating Cash Inflow | 935.0M | 931.0M | 899.0M | 992.0M | 901.0M | 408.0M | 198.0M | 182.0M | 165.0M | 108.0M | 67.1M | 65.5M | 53.2M |
| Cash Paid For Goods | 539.0M | 571.0M | 537.0M | 650.0M | 595.0M | 243.0M | 113.0M | 105.0M | 90.8M | 64.8M | 32.7M | 37.5M | 28.9M |
| Cash Paid To Employees | 164.0M | 162.0M | 152.0M | 133.0M | 108.0M | 43.7M | 31.7M | 23.4M | 17.9M | 16.6M | 14.7M | 13.3M | 8.1M |
| Taxes Paid | 43.3M | 37.6M | 42.1M | 42.5M | 43.9M | 24.1M | 19.4M | 14.3M | 13.9M | 10.5M | 7.9M | 6.4M | 5.8M |
| Total Operating Cash Outflow | 860.0M | 834.0M | 798.0M | 892.0M | 828.0M | 350.0M | 189.0M | 172.0M | 140.0M | 106.0M | 61.2M | 66.7M | 50.2M |
| Operating Cash Flow | 74.8M | 96.3M | 102.0M | 99.9M | 73.1M | 58.2M | 9.2M | 9.9M | 24.9M | 2.2M | 5.9M | -1.2M | 3.0M |
| Total Investing Cash Inflow | 7.2M | 3.8M | 542,800 | 122.0M | 202.0M | 383.0M | 405.0M | 32,000 | -- | 70.0M | 88.0M | 124.0M | 162.0M |
| Total Investing Cash Outflow | 64.0M | 32.2M | 21.0M | 112.0M | 469.0M | 295.0M | 358.0M | 173.0M | 9.0M | 81.2M | 78.2M | 132.0M | 159.0M |
| Investing Cash Flow | -56.8M | -28.4M | -20.4M | 10.0M | -267.0M | 87.9M | 46.6M | -173.0M | -9.0M | -11.2M | 9.9M | -7.4M | 2.6M |
| Cash From Borrowings | -- | 20.0M | 20.0M | 20.0M | 25.0M | 20.0M | 15.0M | 57.3M | 33.8M | 14.4M | 8.0M | 3.9M | 96,000 |
| Dividends And Interest Paid | 20.6M | 24.8M | 43.1M | 21.6M | 18.4M | 33.3M | 7.8M | 1.2M | 1.1M | 405,900 | 232,900 | 99,900 | -- |
| Debt Repayments | 15.0M | 64.8M | 20.0M | 25.0M | 20.0M | 15.0M | 11.5M | 30.3M | 19.5M | 5.0M | 5.0M | 2.0M | -- |
| Total Financing Cash Inflow | 13.2M | 35.0M | 20.0M | 20.0M | 275.0M | 46.8M | 15.0M | 221.0M | 33.8M | 14.4M | 8.0M | 3.9M | 96,000 |
| Total Financing Cash Outflow | 42.4M | 97.0M | 70.7M | 54.7M | 60.3M | 52.3M | 21.1M | 39.9M | 20.7M | 5.4M | 5.2M | 2.1M | -- |
| Financing Cash Flow | -29.1M | -62.0M | -50.7M | -34.7M | 215.0M | -5.5M | -6.1M | 181.0M | 13.2M | 9.0M | 2.8M | 1.8M | 96,000 |
| Net Change In Cash | -11.4M | 6.5M | 34.3M | 74.0M | 18.7M | 141.0M | 49.6M | 18.0M | 29.0M | -31,900 | 18.5M | -6.8M | 5.7M |
| Ending Cash Balance | 382.0M | 393.0M | 387.0M | 353.0M | 278.0M | 260.0M | 119.0M | 69.2M | 51.3M | 22.3M | 22.3M | 3.8M | 10.6M |
| Capex | 21.2M | 15.9M | 9.2M | 41.0M | 32.6M | 58.3M | 51.9M | 23.0M | 9.0M | 11.5M | 12.6M | 7.9M | 7.9M |