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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 640.0M | 639.0M | 434.0M | 352.0M | 269.0M | 309.0M | 265.0M | 208.0M | 141.0M | 90.1M | 62.5M |
| Revenue Growth % | 0.2% | 47.2% | 23.3% | 30.9% | -12.9% | 16.6% | 27.4% | 47.5% | 56.6% | 44.1% | -- |
| Total Revenue | 640.0M | 639.0M | 434.0M | 352.0M | 269.0M | 309.0M | 265.0M | 208.0M | 141.0M | 90.1M | 62.5M |
| Cost Of Revenue | 410.0M | 380.0M | 218.0M | 175.0M | 124.0M | 146.0M | 124.0M | 94.4M | 66.6M | 36.8M | 27.6M |
| Gross Profit | 230.0M | 259.0M | 216.0M | 177.0M | 145.0M | 163.0M | 141.0M | 113.6M | 74.4M | 53.2M | 34.9M |
| Gross Margin % | 35.9% | 40.5% | 49.8% | 50.3% | 53.9% | 52.8% | 53.2% | 54.6% | 52.7% | 59.1% | 55.8% |
| Total Operating Cost | 589.0M | 548.0M | 363.0M | 301.0M | 234.0M | 242.0M | 199.0M | 154.0M | 110.0M | 83.6M | 57.3M |
| Selling Expenses | 31.0M | 30.6M | 30.7M | 28.7M | 27.5M | 20.5M | 16.6M | 13.4M | 9.2M | 8.1M | 7.2M |
| Admin Expenses | 47.7M | 48.2M | 38.9M | 36.2M | 26.8M | 27.9M | 21.5M | 17.0M | 13.4M | 35.7M | 20.4M |
| Rd Expenses | 73.8M | 74.9M | 61.9M | 54.7M | 51.8M | 38.6M | 28.8M | 24.7M | 17.2M | -- | -- |
| Finance Expenses | -2.1M | -3.2M | -4.8M | -3.3M | -1.9M | -659,700 | 1.5M | -156,200 | 185,300 | 537,700 | 520,000 |
| Operating Income | 79.1M | 116.0M | 96.3M | 74.5M | 63.6M | 91.1M | 89.2M | 71.1M | 31.9M | 6.6M | 5.2M |
| Operating Margin % | 12.4% | 18.2% | 22.2% | 21.2% | 23.6% | 29.5% | 33.7% | 34.2% | 22.7% | 7.3% | 8.3% |
| Non Operating Income | 2,000 | 6,200 | 11,800 | 1,900 | 6.5M | 6,200 | 1,500 | 50,200 | 8.9M | 13.4M | 8.0M |
| Non Operating Expenses | -- | 218,200 | 1.6M | 105,100 | 385,400 | 149,600 | 40,300 | 45,700 | 100,000 | 400.00 | 16,000 |
| Investment Income | 4.8M | 4.2M | 3.9M | 5.6M | 8.2M | 3.7M | 987,500 | 1.4M | 779,300 | 81,000 | -- |
| Fair Value Change Income | 57,200 | -277,100 | -393,300 | 52,400 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | -- | -- | -13,400 | -- | -- | 34,000 | -- | -- | -- |
| Asset Impairment Loss | 1.9M | 1.4M | 9,800 | -262,500 | 453,300 | -- | -- | -- | -- | 691,000 | 439,200 |
| Other Income | 23.2M | 20.1M | 21.8M | 18.2M | 20.4M | 20.6M | 22.4M | 15.5M | -- | -- | -- |
| Income Before Tax | 79.1M | 115.0M | 94.7M | 74.4M | 69.7M | 90.9M | 89.2M | 71.1M | 40.8M | 19.9M | 13.2M |
| Income Tax | 3.0M | 3.8M | 3.6M | 7.9M | 5.2M | 7.5M | 5.6M | 9.3M | 4.5M | 1.9M | 1.1M |
| Net Income | 76.1M | 112.0M | 91.1M | 66.5M | 64.6M | 83.4M | 83.6M | 61.8M | 36.2M | 18.1M | 12.0M |
| Net Margin % | 11.9% | 17.5% | 21.0% | 18.9% | 24.0% | 27.0% | 31.5% | 29.7% | 25.7% | 20.1% | 19.2% |
| Net Income Attributable | 72.9M | 108.0M | 91.2M | 66.5M | 64.6M | 83.4M | 83.6M | 61.8M | 36.2M | 18.1M | 12.0M |
| Minority Interest | 3.2M | 3.7M | -166,800 | -41,100 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.51 | 0.76 | 0.84 | 0.80 | 0.78 | 2.18 | 2.42 | 1.79 | 1.21 | 0.82 | 0.60 |
| Eps Diluted | 0.51 | 0.76 | 0.84 | 0.79 | 0.78 | 2.18 | 2.42 | 1.79 | 1.21 | 0.82 | 0.60 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 209.0M | 302.0M | 281.0M | 342.0M | 312.0M | 251.0M | 144.0M | 96.0M | 102.0M | 35.0M | 17.4M |
| Trading Financial Assets | 2.3M | 42.3M | 182.0M | 156.0M | 130.0M | 200.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 607.0M | 476.0M | 340.0M | 224.0M | 167.0M | 191.0M | 118.0M | 82.3M | 49.0M | 27.5M | 19.1M |
| Notes Receivable | 9.1M | 11.6M | 20.4M | 3.0M | 4.2M | 14.8M | 9.6M | 2.8M | -- | 12.4M | 8.5M |
| Notes And Accounts Receivable | 617.0M | 487.0M | 360.0M | 227.0M | 171.0M | 206.0M | 128.0M | 85.1M | 49.0M | 39.9M | 27.6M |
| Prepayments | 127.0M | 101.0M | 46.8M | 17.9M | 8.2M | 5.8M | 3.5M | 1.7M | 1.3M | 4.5M | 1.2M |
| Inventory | 204.0M | 203.0M | 215.0M | 186.0M | 137.0M | 96.3M | 82.3M | 70.5M | 87.1M | 57.5M | 44.7M |
| Total Current Assets | 1.2B | 1.2B | 1.1B | 963.0M | 860.0M | 816.0M | 397.0M | 276.0M | 242.0M | 139.0M | 91.6M |
| Fixed Assets | -- | 142.0M | 130.0M | 30.0M | 11.3M | 9.2M | 9.6M | 10.4M | -- | 9.5M | 10.4M |
| Fixed Assets Total | 150.0M | 142.0M | 130.0M | 30.0M | 11.3M | 9.2M | 9.6M | 10.4M | 8.6M | 9.5M | 10.4M |
| Construction In Progress | -- | -- | 2.9M | 56.0M | 34.2M | 17.8M | 481,500 | 150,100 | -- | -- | -- |
| Construction In Progress Total | 953,200 | -- | 2.9M | 56.0M | 34.2M | 17.8M | 481,500 | 150,100 | -- | -- | -- |
| Intangible Assets | 7.8M | 8.1M | 8.5M | 8.6M | 8.9M | 8.9M | 8.8M | 8.9M | 40,800 | 46,600 | 52,400 |
| Long Term Deferred Expenses | 1.3M | 781,500 | 335,800 | 1.2M | 1.6M | 1.9M | -- | -- | -- | -- | -- |
| Total Non Current Assets | 403.0M | 277.0M | 153.0M | 104.0M | 59.5M | 40.6M | 20.9M | 21.0M | 9.9M | 10.2M | 10.9M |
| Total Assets | 1.6B | 1.5B | 1.3B | 1.1B | 919.0M | 857.0M | 418.0M | 297.0M | 252.0M | 149.0M | 103.0M |
| Short Term Borrowings | 41.6M | 13.8M | 15.0M | -- | -- | -- | -- | -- | -- | 10.0M | 10.0M |
| Accounts Payable | 166.0M | 139.0M | 134.0M | 82.6M | 55.1M | 51.9M | 39.9M | 25.6M | 37.1M | 14.9M | 7.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 51.0M | 71.1M | 55.1M | 76.2M | 56.2M | 57.5M |
| Contract Liabilities | 59.6M | 53.3M | 102.0M | 77.3M | 54.6M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 500.0M | 418.0M | 341.0M | 227.0M | 160.0M | 149.0M | 146.0M | 111.0M | 129.0M | 93.5M | 79.9M |
| Total Non Current Liabilities | 49.3M | 53.4M | 45.5M | 29.7M | 13.4M | 10.3M | 7.9M | 6.4M | 6.1M | 2.9M | 6.3M |
| Total Liabilities | 549.0M | 472.0M | 387.0M | 257.0M | 174.0M | 160.0M | 154.0M | 118.0M | 136.0M | 96.5M | 86.2M |
| Paid In Capital | 144.0M | 109.0M | 83.4M | 82.8M | 46.0M | 46.0M | 34.5M | 34.5M | 34.5M | 30.0M | 20.0M |
| Capital Reserve | 333.0M | 357.0M | 373.0M | 358.0M | 387.0M | 387.0M | 47.4M | 46.9M | 46.1M | 7.9M | -- |
| Surplus Reserve | 43.6M | 42.3M | 36.6M | 30.2M | 23.0M | 23.0M | 17.2M | 9.8M | 3.6M | 1.5M | -- |
| Retained Earnings | 515.0M | 476.0M | 401.0M | 336.0M | 290.0M | 242.0M | 164.0M | 88.0M | 32.4M | 13.1M | -3.6M |
| Minority Equity | 41.2M | 29.7M | 3.3M | 2.9M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.0B | 985.0M | 894.0M | 807.0M | 746.0M | 697.0M | 263.0M | 179.0M | 117.0M | 52.4M | 16.4M |
| Total Equity | 1.1B | 1.0B | 898.0M | 810.0M | 746.0M | 697.0M | 263.0M | 179.0M | 117.0M | 52.4M | 16.4M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 499.0M | 444.0M | 319.0M | 338.0M | 301.0M | 200.0M | 241.0M | 127.0M | 154.0M | 87.8M | 101.0M |
| Tax Refunds Received | 13.7M | 14.6M | 15.5M | 14.3M | 15.7M | 17.3M | 15.5M | 10.3M | 7.3M | 6.6M | 6.6M |
| Total Operating Cash Inflow | 759.0M | 660.0M | 359.0M | 374.0M | 332.0M | 221.0M | 263.0M | 142.0M | 165.0M | 97.9M | 114.0M |
| Cash Paid For Goods | 358.0M | 279.0M | 192.0M | 158.0M | 134.0M | 122.0M | 104.0M | 64.6M | 57.4M | 41.0M | 55.0M |
| Cash Paid To Employees | 117.0M | 107.0M | 91.3M | 84.2M | 63.9M | 56.6M | 45.8M | 28.2M | 26.2M | 21.9M | 20.3M |
| Taxes Paid | 37.4M | 37.0M | 44.8M | 31.5M | 29.5M | 33.7M | 37.7M | 24.1M | 19.2M | 13.4M | 14.1M |
| Total Operating Cash Outflow | 779.0M | 556.0M | 376.0M | 309.0M | 269.0M | 346.0M | 212.0M | 136.0M | 117.0M | 91.0M | 100.0M |
| Operating Cash Flow | -20.2M | 104.0M | -17.0M | 65.6M | 63.5M | -125.0M | 50.9M | 5.8M | 48.1M | 6.9M | 13.8M |
| Total Investing Cash Inflow | 70.5M | 371.0M | 526.0M | 801.0M | 738.0M | 1.3B | 1.6M | 2.1M | 779,300 | 81,000 | -- |
| Total Investing Cash Outflow | 163.0M | 342.0M | 588.0M | 825.0M | 726.0M | 1.6B | 1.9M | 12.8M | 784,300 | 541,100 | 1.3M |
| Investing Cash Flow | -93.0M | 29.4M | -62.4M | -23.9M | 11.8M | -217.0M | -270,800 | -10.7M | -4,943 | -460,100 | -1.3M |
| Cash From Borrowings | 10.0M | 5.8M | -- | -- | -- | -- | -- | -- | -- | 10.0M | 10.0M |
| Dividends And Interest Paid | 32.5M | 27.4M | 19.9M | 12.9M | 16.7M | -- | -- | -- | 304,300 | 600,100 | 511,900 |
| Debt Repayments | 5.8M | 0.00 | -- | -- | -- | -- | -- | -- | 10.0M | 10.0M | 3.3M |
| Total Financing Cash Inflow | 60.6M | 25.8M | 23.5M | 2.9M | 0.00 | 366.0M | -- | -- | 28.0M | 20.1M | 10.0M |
| Total Financing Cash Outflow | 40.7M | 29.2M | 20.0M | 12.9M | 16.7M | 18.0M | -- | -- | 10.3M | 10.6M | 10.7M |
| Financing Cash Flow | 19.9M | -3.4M | 3.5M | -10.0M | -16.7M | 348.0M | -- | -- | 17.7M | 9.5M | -656,800 |
| Net Change In Cash | -93.2M | 130.0M | -75.9M | 31.7M | 58.6M | 6.1M | 50.7M | -4.9M | 65.8M | 15.9M | 11.8M |
| Ending Cash Balance | 202.0M | 295.0M | 164.0M | 240.0M | 209.0M | 150.0M | 144.0M | 93.1M | 98.0M | 32.2M | 16.2M |
| Capex | 23.4M | 10.8M | 39.4M | 43.1M | 24.9M | 23.6M | 1.9M | 12.8M | 284,300 | 541,100 | 1.3M |