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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 544.0M | 451.0M | 383.0M | 346.0M | 308.0M | 267.0M | 201.0M | 261.0M | 264.0M | 257.0M | 235.0M | 224.0M |
| Revenue Growth % | 20.6% | 17.8% | 10.7% | 12.3% | 15.4% | 32.8% | -23.0% | -1.1% | 2.7% | 9.4% | 4.9% | -- |
| Total Revenue | 544.0M | 451.0M | 383.0M | 346.0M | 308.0M | 267.0M | 201.0M | 261.0M | 264.0M | 257.0M | 235.0M | 224.0M |
| Cost Of Revenue | 260.0M | 227.0M | 162.0M | 162.0M | 152.0M | 144.0M | 104.0M | 126.0M | 111.0M | 110.0M | 91.6M | 103.0M |
| Gross Profit | 284.0M | 224.0M | 221.0M | 184.0M | 156.0M | 123.0M | 97.0M | 135.0M | 153.0M | 147.0M | 143.4M | 121.0M |
| Gross Margin % | 52.2% | 49.7% | 57.7% | 53.2% | 50.6% | 46.1% | 48.3% | 51.7% | 58.0% | 57.2% | 61.0% | 54.0% |
| Total Operating Cost | 481.0M | 398.0M | 340.0M | 307.0M | 280.0M | 254.0M | 193.0M | 215.0M | 206.0M | 208.0M | 183.0M | 205.0M |
| Selling Expenses | 81.2M | 71.5M | 61.1M | 57.5M | 48.3M | 42.8M | 36.3M | 32.8M | 41.0M | 39.8M | 40.7M | 43.1M |
| Admin Expenses | 44.3M | 33.5M | 29.1M | 24.9M | 24.4M | 18.8M | 17.8M | 18.3M | 53.0M | 55.2M | 50.8M | 49.8M |
| Rd Expenses | 75.4M | 72.1M | 61.9M | 59.4M | 45.4M | 42.8M | 36.2M | 35.2M | -- | -- | -- | -- |
| Finance Expenses | -3.2M | -8.4M | -8.4M | -6.0M | -3.9M | -7.8M | -10.1M | -756,200 | -1.6M | -1.3M | -1.0M | -742,700 |
| Operating Income | 70.8M | 58.2M | 45.6M | 39.9M | 29.7M | 15.9M | 9.6M | 61.5M | 57.6M | 49.0M | 52.1M | 19.2M |
| Operating Margin % | 13.0% | 12.9% | 11.9% | 11.5% | 9.7% | 6.0% | 4.8% | 23.6% | 21.8% | 19.1% | 22.2% | 8.6% |
| Non Operating Income | 5.3M | 4.6M | 1.9M | 2.3M | 2.7M | 722,000 | 5.7M | 3.0M | 3.5M | 4.6M | 2.3M | 7.3M |
| Non Operating Expenses | 75,700 | 75,800 | 136,000 | 106,000 | 119,200 | 223,000 | 208,000 | 259,000 | 250,300 | 579,300 | 967,600 | 1.4M |
| Investment Income | 4.6M | 710,000 | 674,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 60,400 | 39,800 | 25,800 | -15,900 | 41,900 | -8,400 | 33,500 | 8.4M | 47,700 | -- | -- | -- |
| Asset Impairment Loss | -2.1M | -706,200 | 3.1M | 8.7M | 3.4M | 2.9M | 7.6M | 1.6M | 852,200 | 3.6M | -614,200 | 7.5M |
| Other Income | 3.2M | 4.5M | 1.9M | 1.3M | 1.4M | 2.5M | 2.4M | 6.4M | -- | -- | -- | -- |
| Income Before Tax | 76.1M | 62.7M | 47.3M | 42.1M | 32.3M | 16.4M | 15.1M | 64.2M | 60.8M | 53.0M | 53.5M | 25.1M |
| Income Tax | -336,400 | 1.5M | -1.5M | -1.6M | 1.5M | -594,800 | -507,000 | 9.0M | 7.1M | 6.4M | 6.8M | 3.4M |
| Net Income | 76.4M | 61.2M | 48.8M | 43.7M | 30.8M | 17.0M | 15.6M | 55.3M | 53.7M | 46.7M | 46.7M | 21.6M |
| Net Margin % | 14.0% | 13.6% | 12.7% | 12.6% | 10.0% | 6.4% | 7.8% | 21.2% | 20.3% | 18.2% | 19.9% | 9.7% |
| Net Income Attributable | 73.9M | 61.2M | 48.8M | 43.7M | 30.8M | 17.0M | 15.6M | 55.3M | 53.7M | 46.7M | 46.7M | 21.6M |
| Minority Interest | 2.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.30 | 0.25 | 0.20 | 0.21 | 0.15 | 0.08 | 0.09 | 0.48 | 0.50 | 0.47 | 0.48 | 0.22 |
| Eps Diluted | 0.30 | 0.25 | 0.20 | 0.21 | 0.15 | 0.08 | 0.09 | 0.48 | 0.50 | 0.47 | 0.48 | 0.22 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 488.0M | 454.0M | 422.0M | 385.0M | 365.0M | 318.0M | 274.0M | 330.0M | 130.0M | 127.0M | 64.2M | 63.3M |
| Accounts Receivable | 298.0M | 220.0M | 216.0M | 86.2M | 150.0M | 210.0M | 168.0M | 147.0M | 46.4M | 43.7M | 39.4M | 47.3M |
| Notes Receivable | 5.2M | 18.0M | 9.4M | 28.5M | 18.7M | 15.0M | 947,100 | 5.1M | 3.5M | 948,900 | 570,000 | 500,000 |
| Notes And Accounts Receivable | 303.0M | 238.0M | 225.0M | 115.0M | 169.0M | 225.0M | 169.0M | 152.0M | 50.0M | 44.7M | 40.0M | 47.8M |
| Prepayments | 9.7M | 3.9M | 6.0M | 4.0M | 3.9M | 1.6M | 1.9M | 2.3M | 2.8M | 4.8M | 3.3M | 2.6M |
| Inventory | 202.0M | 196.0M | 189.0M | 208.0M | 156.0M | 102.0M | 107.0M | 110.0M | 126.0M | 137.0M | 114.0M | 93.8M |
| Total Current Assets | 1.0B | 908.0M | 854.0M | 729.0M | 702.0M | 658.0M | 562.0M | 598.0M | 312.0M | 320.0M | 230.0M | 216.0M |
| Fixed Assets | -- | 47.3M | 49.5M | 51.8M | 55.3M | 57.4M | 60.5M | 15.6M | 17.6M | 20.8M | 21.1M | 22.8M |
| Fixed Assets Total | 47.4M | 47.3M | 49.5M | 51.8M | 55.3M | 57.4M | 60.5M | 15.6M | 17.6M | 20.8M | 21.1M | 22.8M |
| Construction In Progress | -- | 662,700 | -- | -- | -- | -- | -- | -- | -- | -- | 255,000 | -- |
| Construction In Progress Total | -- | 662,700 | -- | -- | -- | -- | -- | -- | -- | -- | 255,000 | -- |
| Intangible Assets | 18.6M | 10.2M | 11.6M | 13.1M | 8.4M | 8.6M | 9.1M | 9.5M | 10.0M | 9.9M | 10.1M | 10.5M |
| Long Term Deferred Expenses | 1.9M | 1.7M | 1.3M | 1.2M | 1.6M | 1.7M | 759,400 | 447,700 | 623,600 | 1.2M | 3.0M | 5.2M |
| Total Non Current Assets | 165.0M | 102.0M | 104.0M | 81.3M | 78.5M | 79.0M | 80.9M | 35.6M | 42.6M | 41.7M | 44.3M | 48.0M |
| Total Assets | 1.2B | 1.0B | 958.0M | 810.0M | 780.0M | 737.0M | 643.0M | 634.0M | 355.0M | 361.0M | 274.0M | 264.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 10.0M | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 153.0M | 98.4M | 51.9M | 68.4M | 53.8M | 27.4M | 24.7M | 27.3M | 17.7M | 23.8M | 32.6M | 28.8M |
| Advance Receipts | 104,600 | 104,000 | 105,000 | 102,000 | 100,000 | 83.2M | 18.3M | 7.5M | 28.3M | 40.5M | 31.3M | 17.6M |
| Contract Liabilities | 83.6M | 86.0M | 158.0M | 34.9M | 73.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 391.0M | 284.0M | 297.0M | 175.0M | 179.0M | 161.0M | 80.5M | 75.6M | 90.3M | 151.0M | 105.0M | 92.0M |
| Total Non Current Liabilities | 22.8M | 20.8M | 644,800 | 667,800 | 1.7M | 2.7M | 2.7M | 2.8M | 4.7M | 4.0M | 4.7M | 3.7M |
| Total Liabilities | 414.0M | 305.0M | 298.0M | 175.0M | 181.0M | 164.0M | 83.2M | 78.3M | 95.0M | 155.0M | 110.0M | 95.8M |
| Paid In Capital | 249.0M | 249.0M | 208.0M | 208.0M | 208.0M | 173.0M | 144.0M | 144.0M | 108.0M | 108.0M | 97.6M | 50.0M |
| Capital Reserve | 151.0M | 151.0M | 192.0M | 192.0M | 192.0M | 227.0M | 256.0M | 256.0M | 24.8M | 24.8M | -- | 44.4M |
| Surplus Reserve | 40.8M | 35.8M | 33.0M | 28.9M | 27.0M | 25.7M | 24.2M | 23.3M | 18.8M | 16.2M | 11.3M | 11.0M |
| Retained Earnings | 314.0M | 270.0M | 228.0M | 206.0M | 172.0M | 147.0M | 135.0M | 132.0M | 108.0M | 57.1M | 55.6M | 62.9M |
| Minority Equity | 23.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 754.0M | 705.0M | 661.0M | 635.0M | 599.0M | 573.0M | 559.0M | 555.0M | 260.0M | 206.0M | 164.0M | 168.0M |
| Total Equity | 778.0M | 705.0M | 661.0M | 635.0M | 599.0M | 573.0M | 559.0M | 555.0M | 260.0M | 206.0M | 164.0M | 168.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 472.0M | 419.0M | 409.0M | 357.0M | 360.0M | 288.0M | 198.0M | 150.0M | 263.0M | 271.0M | 265.0M | 234.0M |
| Tax Refunds Received | 1.7M | 3.0M | 4.1M | 1.4M | 1.4M | 5.4M | 1.8M | 2.4M | 1.9M | 1.4M | 2.3M | 2.9M |
| Total Operating Cash Inflow | 492.0M | 454.0M | 422.0M | 369.0M | 376.0M | 304.0M | 219.0M | 164.0M | 271.0M | 291.0M | 277.0M | 248.0M |
| Cash Paid For Goods | 175.0M | 178.0M | 169.0M | 173.0M | 176.0M | 136.0M | 99.2M | 95.6M | 101.0M | 134.0M | 100.0M | 114.0M |
| Cash Paid To Employees | 152.0M | 131.0M | 116.0M | 104.0M | 82.9M | 75.9M | 68.4M | 63.5M | 64.2M | 58.3M | 52.9M | 46.5M |
| Taxes Paid | 37.0M | 40.5M | 19.8M | 16.8M | 12.6M | 14.2M | 12.7M | 17.3M | 19.5M | 14.4M | 21.3M | 16.5M |
| Total Operating Cash Outflow | 417.0M | 405.0M | 342.0M | 332.0M | 305.0M | 260.0M | 213.0M | 209.0M | 225.0M | 257.0M | 224.0M | 228.0M |
| Operating Cash Flow | 75.5M | 49.6M | 80.1M | 36.9M | 70.5M | 44.4M | 6.1M | -44.8M | 46.9M | 34.0M | 53.1M | 20.5M |
| Total Investing Cash Inflow | 16,400 | 11,900 | 7,040 | 750.00 | 14,800 | 24,700 | 6,570 | 7.5M | 6,321 | 9,340 | 7,819 | 31,700 |
| Total Investing Cash Outflow | 151.0M | 5.1M | 24.1M | 9.1M | 6.7M | 4.4M | 51.8M | 3.3M | 1.8M | 5.0M | 2.6M | 11.3M |
| Investing Cash Flow | -151.0M | -5.1M | -24.1M | -9.1M | -6.7M | -4.4M | -51.8M | 4.1M | -1.7M | -5.0M | -2.6M | -11.2M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 10.0M | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 24.9M | 16.6M | 22.8M | 7.9M | 5.0M | 4.1M | 11.5M | 27.0M | 40.2M | -- | 50.5M | -- |
| Debt Repayments | -- | -- | -- | -- | 10.0M | 0.00 | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | -- | -- | -- | 10.0M | 0.00 | 278.0M | -- | 34.4M | -- | -- |
| Total Financing Cash Outflow | 24.9M | 16.7M | 22.9M | 7.9M | 15.1M | 4.1M | 11.5M | 37.1M | 43.1M | -- | 50.5M | -- |
| Financing Cash Flow | -24.9M | -16.7M | -22.9M | -7.9M | -15.1M | 5.9M | -11.5M | 241.0M | -43.1M | 34.4M | -50.5M | -- |
| Net Change In Cash | -100.0M | 28.2M | 34.7M | 19.5M | 47.5M | 46.1M | -56.8M | 200.0M | 2.3M | 63.5M | -62,000 | 9.1M |
| Ending Cash Balance | 345.0M | 445.0M | 417.0M | 382.0M | 363.0M | 315.0M | 269.0M | 326.0M | 126.0M | 123.0M | 59.8M | 59.9M |
| Capex | 6.2M | 5.1M | 4.1M | 9.1M | 6.7M | 4.4M | 51.8M | 3.3M | 1.8M | 5.0M | 2.6M | 11.3M |