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 |
|---|---|---|---|---|---|
| Revenue | 445.0M | 389.0M | 341.0M | 293.0M | 244.0M |
| Revenue Growth % | 14.4% | 14.1% | 16.4% | 20.1% | -- |
| Total Revenue | 445.0M | 389.0M | 341.0M | 293.0M | 244.0M |
| Cost Of Revenue | 254.0M | 206.0M | 182.0M | 149.0M | 123.0M |
| Gross Profit | 191.0M | 183.0M | 159.0M | 144.0M | 121.0M |
| Gross Margin % | 42.9% | 47.0% | 46.6% | 49.1% | 49.6% |
| Total Operating Cost | 358.0M | 305.0M | 268.0M | 228.0M | 192.0M |
| Selling Expenses | 9.7M | 12.0M | 12.9M | 12.7M | 12.4M |
| Admin Expenses | 44.1M | 39.5M | 35.0M | 32.7M | 25.8M |
| Rd Expenses | 38.8M | 42.3M | 33.6M | 30.9M | 28.2M |
| Finance Expenses | -1.7M | -1.8M | -1.8M | -1.3M | -687,100 |
| Operating Income | 90.7M | 86.9M | 75.4M | 70.1M | 55.8M |
| Operating Margin % | 20.4% | 22.3% | 22.1% | 23.9% | 22.9% |
| Non Operating Income | 46,000 | 40,900 | 26,200 | 75,400 | 16,800 |
| Non Operating Expenses | 2.1M | 2.8M | 1.3M | 556,100 | 590,200 |
| Investment Income | -78,800 | -49,900 | -39,400 | -84,500 | 1.1M |
| Asset Disposal Income | -- | 1,100 | -35,000 | 50,800 | -1,100 |
| Asset Impairment Loss | 2.5M | 1.2M | 305,200 | 839,800 | 443,900 |
| Other Income | 4.1M | 3.4M | 2.8M | 5.0M | 3.2M |
| Income Before Tax | 88.6M | 84.1M | 74.1M | 69.7M | 55.2M |
| Income Tax | 10.9M | 9.3M | 8.2M | 7.1M | 5.0M |
| Net Income | 77.7M | 74.9M | 65.9M | 62.6M | 50.2M |
| Net Margin % | 17.5% | 19.2% | 19.3% | 21.4% | 20.6% |
| Net Income Attributable | 79.2M | 75.7M | 66.4M | 62.1M | 49.2M |
| Minority Interest | -1.5M | -874,300 | -483,000 | 451,900 | 971,100 |
| Eps Basic | 0.29 | 0.27 | 0.29 | 0.32 | 0.28 |
| Eps Diluted | 0.29 | 0.27 | 0.29 | 0.32 | 0.28 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 227.0M | 201.0M | 156.0M | 145.0M | 132.0M |
| Accounts Receivable | 142.0M | 140.0M | 106.0M | 69.4M | 76.4M |
| Notes Receivable | 86.5M | 58.6M | 66.4M | 63.9M | 35.7M |
| Notes And Accounts Receivable | 228.0M | 198.0M | 172.0M | 133.0M | 112.0M |
| Prepayments | 2.1M | 2.1M | 4.3M | 2.8M | 1.6M |
| Inventory | 112.0M | 105.0M | 100.0M | 87.4M | 69.3M |
| Total Current Assets | 587.0M | 519.0M | 439.0M | 373.0M | 318.0M |
| Long Term Equity Investment | 1.3M | 1.4M | 1.4M | 1.5M | 1.6M |
| Fixed Assets | -- | 194.0M | 201.0M | 208.0M | 207.0M |
| Fixed Assets Total | 187.0M | 194.0M | 201.0M | 208.0M | 207.0M |
| Construction In Progress | -- | 6.1M | 225,500 | 1.3M | 488,700 |
| Construction In Progress Total | 16.5M | 6.1M | 225,500 | 1.3M | 488,700 |
| Intangible Assets | 33.4M | 34.7M | 35.8M | 33.1M | 33.9M |
| Long Term Deferred Expenses | -- | 436,300 | 1.3M | -- | -- |
| Total Non Current Assets | 247.0M | 245.0M | 249.0M | 250.0M | 250.0M |
| Total Assets | 833.0M | 765.0M | 688.0M | 623.0M | 569.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 66.7M | 38.9M | 20.4M | 21.0M | 23.6M |
| Advance Receipts | 4,800 | 13,800 | -- | -- | -- |
| Contract Liabilities | 67.0M | 74.9M | 60.7M | 41.9M | 23.7M |
| Total Current Liabilities | 169.0M | 148.0M | 119.0M | 95.4M | 70.4M |
| Total Non Current Liabilities | 28.6M | 29.2M | 28.1M | 25.8M | 26.6M |
| Total Liabilities | 198.0M | 177.0M | 147.0M | 121.0M | 97.0M |
| Paid In Capital | 277.0M | 231.0M | 192.0M | 175.0M | 146.0M |
| Capital Reserve | 12.6M | 53.8M | 92.2M | 110.0M | 139.0M |
| Surplus Reserve | 56.3M | 47.9M | 39.8M | 33.1M | 27.2M |
| Retained Earnings | 276.0M | 242.0M | 203.0M | 173.0M | 149.0M |
| Minority Equity | -515,900 | 981,800 | 1.9M | 2.3M | 1.9M |
| Equity Attributable | 636.0M | 587.0M | 539.0M | 500.0M | 470.0M |
| Total Equity | 635.0M | 588.0M | 541.0M | 502.0M | 472.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 436.0M | 403.0M | 332.0M | 275.0M | 221.0M |
| Tax Refunds Received | -- | 126,400 | 869,900 | 2.0M | 1.3M |
| Total Operating Cash Inflow | 440.0M | 408.0M | 339.0M | 282.0M | 224.0M |
| Cash Paid For Goods | 175.0M | 124.0M | 129.0M | 88.2M | 60.5M |
| Cash Paid To Employees | 107.0M | 97.7M | 92.8M | 82.4M | 65.2M |
| Taxes Paid | 47.8M | 46.7M | 25.0M | 15.9M | 13.9M |
| Total Operating Cash Outflow | 368.0M | 319.0M | 284.0M | 219.0M | 171.0M |
| Operating Cash Flow | 71.8M | 89.2M | 55.3M | 63.7M | 53.8M |
| Total Investing Cash Inflow | -- | 3,208 | 6,691 | 131,900 | 149.0M |
| Total Investing Cash Outflow | 12.8M | 14.7M | 13.1M | 17.7M | 168.0M |
| Investing Cash Flow | -12.8M | -14.7M | -13.1M | -17.6M | -19.7M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 36.9M | 28.8M | 29.7M | 32.0M | 28.0M |
| Debt Repayments | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 4.9M | -- | -- | -- | -- |
| Total Financing Cash Outflow | 37.6M | 29.8M | 30.8M | 33.1M | 28.0M |
| Financing Cash Flow | -32.7M | -29.8M | -30.8M | -33.1M | -28.0M |
| Net Change In Cash | 26.3M | 44.6M | 11.4M | 13.1M | 6.1M |
| Ending Cash Balance | 227.0M | 201.0M | 156.0M | 145.0M | 132.0M |
| Capex | 12.8M | 14.7M | 13.1M | 17.7M | 21.0M |