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 | 446.0M | 295.0M | 250.0M | 311.0M | 344.0M | 205.0M | 183.0M | 177.0M | 155.0M | 132.0M | 122.0M | 103.0M | 99.1M |
| Revenue Growth % | 51.2% | 18.0% | -19.6% | -9.6% | 67.8% | 12.0% | 3.4% | 14.2% | 17.4% | 8.2% | 18.4% | 3.9% | -- |
| Total Revenue | 446.0M | 295.0M | 250.0M | 311.0M | 344.0M | 205.0M | 183.0M | 177.0M | 155.0M | 132.0M | 122.0M | 103.0M | 99.1M |
| Cost Of Revenue | 273.0M | 182.0M | 156.0M | 157.0M | 141.0M | 94.8M | 88.1M | 82.4M | 76.5M | 69.9M | 69.3M | 56.0M | 55.5M |
| Gross Profit | 173.0M | 113.0M | 94.0M | 154.0M | 203.0M | 110.2M | 94.9M | 94.6M | 78.5M | 62.1M | 52.7M | 47.0M | 43.6M |
| Gross Margin % | 38.8% | 38.3% | 37.6% | 49.5% | 59.0% | 53.7% | 51.9% | 53.5% | 50.6% | 47.1% | 43.2% | 45.7% | 44.0% |
| Total Operating Cost | 379.0M | 257.0M | 211.0M | 209.0M | 185.0M | 126.0M | 118.0M | 110.0M | 102.0M | 93.7M | 93.6M | 75.5M | 73.7M |
| Selling Expenses | 37.6M | 21.4M | 18.5M | 12.0M | 11.0M | 7.8M | 6.6M | 6.1M | 5.8M | 5.1M | 5.0M | 4.1M | 4.0M |
| Admin Expenses | 35.0M | 33.2M | 22.7M | 24.3M | 17.6M | 14.5M | 13.1M | 11.6M | 17.3M | 18.0M | 18.4M | 15.0M | 13.2M |
| Rd Expenses | 29.0M | 19.6M | 14.4M | 13.1M | 12.1M | 8.3M | 8.2M | 7.4M | -- | -- | -- | -- | -- |
| Finance Expenses | -823,000 | -4.4M | -4.1M | -155,600 | -471,400 | -1.9M | -536,400 | 22,500 | -272,900 | -1.4M | -289,700 | -535,300 | 225,400 |
| Operating Income | 57.5M | 65.3M | 49.1M | 146.0M | 189.0M | 95.3M | 81.8M | 69.7M | 54.6M | 39.6M | 28.0M | 27.1M | 25.4M |
| Operating Margin % | 12.9% | 22.1% | 19.6% | 46.9% | 54.9% | 46.5% | 44.7% | 39.4% | 35.2% | 30.0% | 23.0% | 26.4% | 25.6% |
| Non Operating Income | 258,100 | 182,600 | 472,200 | 507,800 | 629,500 | 241,400 | 498,700 | 676,300 | 359,400 | 3.2M | 6.9M | 6.3M | 2.5M |
| Non Operating Expenses | 79,500 | 271,800 | 332,700 | 157,100 | 1.4M | 68,000 | 220,400 | 15,600 | 59,800 | 355,000 | 33,600 | 6,600 | 218,500 |
| Investment Income | -22.0M | 6.1M | 8.0M | 22.7M | 12.6M | 11.0M | 14.1M | 1.8M | 1.0M | 985,800 | -- | -- | -- |
| Fair Value Change Income | -5.3M | 11.5M | -24,000 | 17.4M | 11.3M | 1.2M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 13,700 | -4,400 | 39,900 | 12,300 | 12,500 | 5,700 | 10,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 272,100 | 652,400 | 597,800 | 391,800 | 430,000 | 161,900 | -218,800 | -351,600 | 452,500 | 660,400 | 127,200 | -31,300 | -63,500 |
| Other Income | 17.4M | 9.5M | 1.8M | 3.0M | 5.6M | 4.7M | 2.1M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 57.7M | 65.2M | 49.2M | 146.0M | 188.0M | 95.5M | 82.0M | 70.3M | 54.9M | 42.4M | 34.9M | 33.5M | 27.7M |
| Income Tax | 8.6M | 8.8M | 6.3M | 20.3M | 26.7M | 13.3M | 11.7M | 10.3M | 8.1M | 6.3M | 5.0M | 4.8M | 4.0M |
| Net Income | 49.0M | 56.4M | 43.0M | 126.0M | 161.0M | 82.2M | 70.3M | 60.1M | 46.8M | 36.1M | 29.8M | 28.7M | 23.7M |
| Net Margin % | 11.0% | 19.1% | 17.2% | 40.5% | 46.8% | 40.1% | 38.4% | 33.9% | 30.2% | 27.4% | 24.4% | 27.9% | 23.9% |
| Net Income Attributable | 39.4M | 56.4M | 43.0M | 126.0M | 161.0M | 82.2M | 70.3M | 60.1M | 46.8M | 36.1M | 29.8M | 28.7M | 23.7M |
| Minority Interest | 9.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.14 | 0.21 | 0.16 | 0.47 | 0.90 | 0.68 | 0.59 | 0.92 | 0.78 | 0.60 | 0.50 | 0.48 | 0.41 |
| Eps Diluted | 0.14 | 0.21 | 0.16 | 0.47 | 0.90 | 0.68 | 0.59 | 0.92 | 0.78 | 0.60 | 0.50 | 0.48 | 0.41 |
| 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 | 129.0M | 325.0M | 154.0M | 387.0M | 226.0M | 58.4M | 31.2M | 36.7M | 56.2M | 29.2M | 74.2M | 49.5M | 31.9M |
| Trading Financial Assets | 71.9M | 55.1M | 148.0M | 104.0M | 286.0M | 375.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 91.7M | 84.5M | 24.3M | 19.2M | 19.6M | 17.0M | 15.0M | 17.0M | 14.4M | 15.3M | 9.6M | 11.1M | 13.9M |
| Notes Receivable | 20.4M | 17.1M | 8.1M | 10.8M | 10.2M | 6.1M | 4.0M | 2.2M | 1.3M | 1.3M | 848,000 | 1.6M | -- |
| Notes And Accounts Receivable | 112.0M | 102.0M | 32.4M | 30.0M | 29.8M | 23.1M | 18.9M | 19.2M | 15.6M | 16.6M | 10.4M | 12.7M | 13.9M |
| Prepayments | 3.3M | 2.8M | 2.3M | 4.2M | 1.7M | 2.0M | 927,900 | 1.0M | 1.1M | 1.5M | 2.5M | 2.5M | 1.4M |
| Inventory | 105.0M | 98.3M | 59.3M | 57.8M | 23.4M | 23.0M | 22.1M | 19.7M | 18.8M | 18.1M | 19.1M | 16.9M | 9.3M |
| Total Current Assets | 428.0M | 595.0M | 539.0M | 586.0M | 613.0M | 482.0M | 433.0M | 400.0M | 134.0M | 105.0M | 107.0M | 81.9M | 57.4M |
| Long Term Equity Investment | 259.0M | 181.0M | 7.5M | 7.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 140.0M | 134.0M | 79.2M | 51.0M | 45.8M | 46.9M | 45.2M | 46.8M | 46.0M | 29.8M | 29.7M | 30.3M |
| Fixed Assets Total | 130.0M | 140.0M | 134.0M | 79.2M | 51.0M | 45.8M | 46.9M | 45.2M | 46.8M | 46.0M | 29.8M | 29.7M | 30.3M |
| Construction In Progress | -- | 27.3M | 32.7M | 36.6M | 8.6M | 1.3M | 3.3M | 3.0M | 2.8M | 613,300 | 36,800 | 78,100 | 92,000 |
| Construction In Progress Total | 57.6M | 27.3M | 32.7M | 36.6M | 8.6M | 1.3M | 3.3M | 3.0M | 2.8M | 613,300 | 36,800 | 78,100 | 92,000 |
| Intangible Assets | 29.8M | 30.9M | 31.1M | 16.7M | 8.2M | 7.9M | 8.2M | 8.4M | 8.5M | 8.7M | 6.5M | 6.6M | 6.6M |
| Long Term Deferred Expenses | 11.5M | 14.9M | 12.7M | 5.9M | 585,200 | 648,900 | 933,800 | 880,600 | 1.3M | 1.2M | 1.9M | 2.4M | 2.9M |
| Total Non Current Assets | 707.0M | 621.0M | 309.0M | 241.0M | 126.0M | 101.0M | 69.7M | 58.5M | 59.8M | 57.1M | 38.6M | 39.1M | 40.3M |
| Total Assets | 1.1B | 1.2B | 848.0M | 827.0M | 738.0M | 582.0M | 503.0M | 458.0M | 194.0M | 162.0M | 145.0M | 121.0M | 97.7M |
| Short Term Borrowings | 608,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 49.5M | 48.1M | 34.1M | 21.8M | 24.6M | 20.4M | 14.7M | 11.6M | 14.1M | 9.7M | 9.9M | 13.3M | 12.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.9M | 624,800 | 758,400 | 670,500 | 516,600 | 1.1M | 573,500 | 959,300 |
| Contract Liabilities | 7.3M | 5.8M | 1.5M | 2.0M | 4.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 104.0M | 319.0M | 65.5M | 54.9M | 54.6M | 38.3M | 23.8M | 20.0M | 21.3M | 16.7M | 16.9M | 17.3M | 16.7M |
| Long Term Borrowings | 2.2M | 2.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 31.1M | 33.0M | 26.1M | 28.1M | 5.6M | 2.5M | 1.9M | 1.3M | 1.5M | 1.5M | 1.5M | 1.3M | 1.3M |
| Total Liabilities | 135.0M | 351.0M | 91.6M | 83.0M | 60.2M | 40.7M | 25.7M | 21.3M | 22.8M | 18.2M | 18.4M | 18.6M | 18.0M |
| Paid In Capital | 283.0M | 270.0M | 270.0M | 180.0M | 120.0M | 120.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 131.0M | 33.1M | 33.1M | 123.0M | 183.0M | 183.0M | 223.0M | 223.0M | 7.0M | 6.4M | 5.8M | 5.3M | 5.3M |
| Surplus Reserve | 77.8M | 76.0M | 70.0M | 65.2M | 52.7M | 37.2M | 29.0M | 22.1M | 16.2M | 11.6M | 8.2M | 5.2M | 2.4M |
| Retained Earnings | 448.0M | 434.0M | 384.0M | 375.0M | 322.0M | 201.0M | 145.0M | 112.0M | 87.7M | 65.4M | 52.7M | 31.9M | 12.0M |
| Minority Equity | 61.5M | 52.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 939.0M | 813.0M | 757.0M | 744.0M | 678.0M | 542.0M | 477.0M | 437.0M | 171.0M | 143.0M | 127.0M | 102.0M | 79.7M |
| Total Equity | 1.0B | 865.0M | 757.0M | 744.0M | 678.0M | 542.0M | 477.0M | 437.0M | 171.0M | 143.0M | 127.0M | 102.0M | 79.7M |
| 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 | 432.0M | 291.0M | 243.0M | 310.0M | 357.0M | 235.0M | 214.0M | 203.0M | 182.0M | 147.0M | 143.0M | 118.0M | 112.0M |
| Tax Refunds Received | 6.5M | 2.3M | 611,500 | 1.9M | 4.4M | 2.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 457.0M | 304.0M | 247.0M | 315.0M | 482.0M | 301.0M | 217.0M | 208.0M | 183.0M | 152.0M | 150.0M | 125.0M | 119.0M |
| Cash Paid For Goods | 174.0M | 119.0M | 81.7M | 139.0M | 88.3M | 79.3M | 79.1M | 78.6M | 64.0M | 61.2M | 62.8M | 52.1M | 41.4M |
| Cash Paid To Employees | 111.0M | 77.6M | 71.7M | 68.7M | 46.6M | 35.7M | 33.9M | 32.1M | 29.2M | 29.9M | 28.9M | 25.9M | 21.0M |
| Taxes Paid | 39.4M | 30.0M | 14.4M | 33.1M | 51.0M | 30.4M | 29.4M | 25.8M | 24.7M | 17.4M | 13.2M | 12.1M | 14.6M |
| Total Operating Cash Outflow | 362.0M | 252.0M | 180.0M | 255.0M | 319.0M | 216.0M | 153.0M | 144.0M | 124.0M | 119.0M | 114.0M | 97.2M | 85.2M |
| Operating Cash Flow | 94.7M | 52.6M | 67.3M | 60.1M | 163.0M | 85.1M | 63.6M | 63.7M | 58.0M | 32.8M | 35.8M | 28.0M | 34.1M |
| Total Investing Cash Inflow | 361.0M | 973.0M | 1.4B | 1.6B | 956.0M | 1.2B | 948.0M | 159.0M | 78.0M | 115.0M | 40.8M | -- | 10.4M |
| Total Investing Cash Outflow | 621.0M | 853.0M | 1.6B | 1.5B | 925.0M | 1.3B | 987.0M | 448.0M | 89.4M | 173.0M | 5.9M | 44.4M | 15.4M |
| Investing Cash Flow | -260.0M | 120.0M | -193.0M | 86.8M | 31.1M | -37.6M | -39.4M | -288.0M | -11.3M | -58.1M | 34.9M | -44.4M | -5.0M |
| Cash From Borrowings | 37.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 12.3M |
| Dividends And Interest Paid | 25.9M | -- | 29.9M | 60.0M | 25.0M | 20.0M | 30.0M | 30.3M | 20.0M | 19.7M | 6.0M | 6.0M | 30.5M |
| Debt Repayments | 36.6M | -- | -- | -- | -- | -- | -- | 0.00 | -- | -- | -- | -- | 24.3M |
| Total Financing Cash Inflow | 37.1M | -- | -- | -- | -- | -- | -- | 236.0M | 0.00 | -- | -- | -- | 17.7M |
| Total Financing Cash Outflow | 68.0M | 4.9M | 34.6M | 62.5M | 25.0M | 20.0M | 30.0M | 30.3M | 20.0M | 19.7M | 6.0M | 6.0M | 54.8M |
| Financing Cash Flow | -30.9M | -4.9M | -34.6M | -62.5M | -25.0M | -20.0M | -30.0M | 206.0M | -20.0M | -19.7M | -6.0M | -6.0M | -37.1M |
| Net Change In Cash | -196.0M | 169.0M | -156.0M | 83.8M | 168.0M | 27.2M | -5.5M | -19.5M | 26.9M | -45.0M | 64.7M | -22.4M | -8.0M |
| Ending Cash Balance | 128.0M | 323.0M | 154.0M | 310.0M | 226.0M | 58.4M | 31.2M | 36.7M | 56.2M | 29.2M | 74.2M | 9.5M | 31.9M |
| Capex | 38.3M | 10.6M | 94.4M | 76.0M | 24.2M | 5.9M | 7.3M | 6.6M | 9.1M | 23.0M | 5.9M | 4.4M | 15.4M |