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 | 349.0M | 270.0M | 374.0M | 283.0M | 200.0M | 181.0M | 159.0M | 142.0M | 112.0M | 82.3M | 59.5M | 94.5M |
| Revenue Growth % | 29.3% | -27.8% | 32.2% | 41.5% | 10.5% | 13.8% | 12.0% | 26.8% | 36.0% | 38.4% | -37.0% | -- |
| Total Revenue | 349.0M | 270.0M | 374.0M | 283.0M | 200.0M | 181.0M | 159.0M | 142.0M | 112.0M | 82.3M | 59.5M | 94.5M |
| Cost Of Revenue | 197.0M | 141.0M | 177.0M | 108.0M | 74.4M | 76.8M | 63.2M | 56.3M | 46.0M | 33.1M | 22.9M | 37.7M |
| Gross Profit | 152.0M | 129.0M | 197.0M | 175.0M | 125.6M | 104.2M | 95.8M | 85.7M | 66.0M | 49.2M | 36.6M | 56.7M |
| Gross Margin % | 43.6% | 47.8% | 52.7% | 61.8% | 62.8% | 57.6% | 60.2% | 60.3% | 59.0% | 59.8% | 61.5% | 60.1% |
| Total Operating Cost | 350.0M | 265.0M | 311.0M | 227.0M | 164.0M | 153.0M | 119.0M | 101.0M | 84.9M | 70.2M | 52.9M | 72.4M |
| Selling Expenses | 43.1M | 39.2M | 42.9M | 39.1M | 31.1M | 25.8M | 19.7M | 16.9M | 14.2M | 12.3M | 9.5M | 11.0M |
| Admin Expenses | 35.3M | 31.8M | 33.1M | 24.8M | 23.3M | 18.3M | 11.8M | 10.9M | 10.1M | 23.8M | 19.7M | 22.2M |
| Rd Expenses | 62.3M | 58.4M | 64.5M | 55.0M | 37.7M | 29.3M | 21.1M | 15.5M | 13.5M | -- | -- | -- |
| Finance Expenses | 5.0M | -10.8M | -8.9M | -6.6M | -6.6M | -306,100 | -470,100 | -1.3M | -1.0M | -121,500 | -87,800 | -101,100 |
| Operating Income | 12.4M | 21.8M | 79.6M | 69.8M | 51.9M | 38.3M | 53.6M | 46.9M | 26.9M | 12.6M | 7.0M | 22.1M |
| Operating Margin % | 3.6% | 8.1% | 21.3% | 24.7% | 26.0% | 21.2% | 33.7% | 33.0% | 24.1% | 15.3% | 11.8% | 23.4% |
| Non Operating Income | 1.1M | 769,100 | 1.4M | 61,400 | 80,200 | 232,000 | 164,600 | 4.9M | 6.2M | 5.0M | 4.6M | 2.3M |
| Non Operating Expenses | 774,400 | 571,700 | 1.1M | 210,900 | 283,500 | 20,500 | 86,000 | 7,400 | 64,200 | 128,700 | 75,700 | 107,400 |
| Investment Income | 1.9M | -11,700 | 360,700 | 2.4M | -- | -- | -- | -- | 51,800 | 384,200 | 360,500 | -- |
| Fair Value Change Income | -- | -- | -- | 47,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -2,200 | 24,100 | -- | -9,400 | -11,600 | 22,800 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 699,400 | 122,700 | 662,200 | 896,900 | 81,000 | 4,000 | 1.2M | 745,600 | 128,900 | 284,600 | -72,900 | 334,300 |
| Other Income | 11.9M | 17.4M | 16.7M | 11.1M | 15.9M | 9.9M | 13.4M | 6.0M | -- | -- | -- | -- |
| Income Before Tax | 12.8M | 22.0M | 79.9M | 69.6M | 51.7M | 38.5M | 53.7M | 51.7M | 33.1M | 17.5M | 11.6M | 24.3M |
| Income Tax | 512,900 | 3.5M | 261,100 | 6.1M | 3.3M | 4.1M | 5.5M | 6.7M | 4.1M | 2.1M | 1.4M | 2.9M |
| Net Income | 12.3M | 18.4M | 79.7M | 63.5M | 48.4M | 34.4M | 48.2M | 45.0M | 29.0M | 15.4M | 10.1M | 21.5M |
| Net Margin % | 3.5% | 6.8% | 21.3% | 22.4% | 24.2% | 19.0% | 30.3% | 31.7% | 25.9% | 18.7% | 17.0% | 22.7% |
| Net Income Attributable | 13.1M | 19.7M | 79.7M | 63.5M | 48.4M | 34.4M | 48.2M | 45.0M | 29.0M | 15.4M | 10.1M | 21.5M |
| Minority Interest | -797,000 | -1.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.12 | 0.18 | 0.74 | 0.76 | 0.95 | 0.88 | 1.24 | 1.15 | 0.74 | 0.43 | 1.00 | 2.12 |
| Eps Diluted | 0.12 | 0.17 | 0.71 | 0.76 | 0.95 | 0.88 | 1.24 | 1.15 | 0.74 | 0.43 | -- | -- |
| 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 | 265.0M | 397.0M | 577.0M | 302.0M | 322.0M | 51.9M | 44.4M | 67.0M | 66.0M | 21.0M | 8.0M | 14.9M |
| Trading Financial Assets | -- | -- | -- | 20.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 43.5M | 36.1M | 42.6M | 38.5M | 17.9M | 32.9M | 31.0M | 20.4M | 11.9M | 9.7M | 5.7M | 8.9M |
| Notes Receivable | -- | -- | -- | 270,000 | -- | 206,100 | 7.8M | 3.6M | 3.1M | 4.1M | 3.1M | 3.7M |
| Notes And Accounts Receivable | 43.5M | 36.1M | 42.6M | 38.8M | 17.9M | 33.1M | 38.8M | 24.0M | 15.0M | 13.7M | 8.8M | 12.5M |
| Prepayments | 3.8M | 4.6M | 6.8M | 8.6M | 7.5M | 5.4M | 4.0M | 2.6M | 2.2M | 2.0M | 625,200 | 981,500 |
| Inventory | 144.0M | 161.0M | 111.0M | 122.0M | 63.2M | 42.3M | 46.4M | 30.5M | 30.3M | 25.8M | 17.5M | 21.1M |
| Total Current Assets | 633.0M | 639.0M | 764.0M | 514.0M | 426.0M | 150.0M | 142.0M | 132.0M | 115.0M | 101.0M | 47.3M | 49.7M |
| Long Term Equity Investment | 8.1M | 4.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 265.0M | 103.0M | 95.9M | 85.3M | 88.5M | 88.2M | -- | -- | 21.8M | 21.1M | 25.0M |
| Fixed Assets Total | 260.0M | 265.0M | 103.0M | 95.9M | 85.3M | 88.5M | 88.2M | 19.5M | 19.5M | 21.8M | 21.1M | 25.0M |
| Construction In Progress | -- | 4.3M | 15.9M | 657,800 | 994,700 | 528,400 | -- | 24.7M | 1.5M | -- | -- | -- |
| Construction In Progress Total | 6.7M | 4.3M | 15.9M | 657,800 | 994,700 | 528,400 | -- | 24.7M | 1.5M | -- | -- | -- |
| Intangible Assets | 10.9M | 11.3M | 11.8M | 12.4M | 11.6M | 11.9M | 12.1M | 12.4M | 12.8M | 2.3M | 2.4M | 2.6M |
| Long Term Deferred Expenses | 31.2M | 31.8M | 13.0M | 8.5M | 3.1M | 3.2M | 3.5M | 4.0M | 4.6M | 4.6M | 5.1M | 4.7M |
| Total Non Current Assets | 327.0M | 335.0M | 159.0M | 141.0M | 114.0M | 116.0M | 113.0M | 62.0M | 40.7M | 30.0M | 31.1M | 32.3M |
| Total Assets | 960.0M | 974.0M | 923.0M | 656.0M | 540.0M | 267.0M | 255.0M | 194.0M | 156.0M | 131.0M | 78.4M | 82.0M |
| Short Term Borrowings | 3.7M | -- | -- | -- | -- | -- | -- | 19.5M | -- | -- | -- | -- |
| Accounts Payable | 15.2M | 14.6M | 12.7M | 14.5M | 11.2M | 12.2M | 9.5M | 8.6M | 6.0M | 8.0M | 2.0M | 3.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.5M | 17.6M | 5.3M | 18.7M | 15.7M | 6.7M | 3.9M |
| Contract Liabilities | 76.6M | 94.4M | 72.0M | 91.6M | 44.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 136.0M | 162.0M | 129.0M | 153.0M | 95.3M | 37.8M | 60.4M | 46.2M | 39.2M | 33.8M | 23.4M | 17.1M |
| Total Non Current Liabilities | 3.4M | 161.0M | 146.0M | 5.0M | 498,600 | -- | -- | 951,900 | 441,900 | -- | -- | -- |
| Total Liabilities | 139.0M | 323.0M | 275.0M | 158.0M | 95.7M | 37.8M | 60.4M | 47.1M | 39.7M | 33.8M | 23.4M | 17.1M |
| Paid In Capital | 121.0M | 109.0M | 83.2M | 52.0M | 52.0M | 39.0M | 39.0M | 39.0M | 39.0M | 39.0M | 10.1M | 10.1M |
| Capital Reserve | 421.0M | 194.0M | 213.0M | 228.0M | 228.0M | 43.1M | 43.1M | 43.1M | 43.1M | 43.1M | -- | -- |
| Surplus Reserve | 27.6M | 27.6M | 27.5M | 21.3M | 20.3M | 17.0M | 13.5M | 9.0M | 4.5M | 1.5M | 5.6M | 5.6M |
| Retained Earnings | 251.0M | 249.0M | 254.0M | 196.0M | 144.0M | 130.0M | 99.2M | 55.4M | 29.8M | 13.8M | 39.4M | 49.2M |
| Minority Equity | 679,200 | 1.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 820.0M | 649.0M | 647.0M | 497.0M | 444.0M | 229.0M | 195.0M | 146.0M | 116.0M | 97.4M | 55.0M | 64.9M |
| Total Equity | 821.0M | 650.0M | 647.0M | 497.0M | 444.0M | 229.0M | 195.0M | 146.0M | 116.0M | 97.4M | 55.0M | 64.9M |
| 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 | 332.0M | 313.0M | 375.0M | 327.0M | 266.0M | 176.0M | 161.0M | 126.0M | 113.0M | 90.2M | 70.8M | 84.1M |
| Tax Refunds Received | 10.3M | 10.1M | 13.1M | 9.1M | 9.0M | 4.9M | 5.6M | 6.0M | 5.1M | 2.3M | 2.3M | 1.8M |
| Total Operating Cash Inflow | 356.0M | 348.0M | 408.0M | 363.0M | 296.0M | 193.0M | 179.0M | 138.0M | 128.0M | 96.3M | 76.1M | 87.4M |
| Cash Paid For Goods | 124.0M | 148.0M | 126.0M | 153.0M | 83.7M | 59.6M | 56.6M | 38.7M | 27.8M | 23.1M | 13.1M | 26.7M |
| Cash Paid To Employees | 146.0M | 138.0M | 133.0M | 103.0M | 65.6M | 58.0M | 45.7M | 37.0M | 31.6M | 26.3M | 25.6M | 24.3M |
| Taxes Paid | 27.3M | 24.4M | 30.6M | 29.7M | 13.8M | 18.2M | 19.4M | 22.1M | 19.1M | 9.4M | 10.5M | 11.4M |
| Total Operating Cash Outflow | 331.0M | 346.0M | 318.0M | 327.0M | 189.0M | 164.0M | 141.0M | 115.0M | 96.2M | 71.8M | 58.6M | 75.9M |
| Operating Cash Flow | 24.7M | 1.9M | 89.4M | 36.0M | 106.0M | 29.0M | 37.3M | 23.0M | 31.6M | 24.5M | 17.5M | 11.5M |
| Total Investing Cash Inflow | 708.0M | 398.0M | 285.0M | 361.0M | 515.0M | 178.0M | 216.0M | 60.3M | 38.1M | 593,000 | 360,500 | -- |
| Total Investing Cash Outflow | 751.0M | 570.0M | 449.0M | 530.0M | 483.0M | 210.0M | 262.0M | 107.0M | 14.2M | 28.2M | 13.1M | 2.3M |
| Investing Cash Flow | -42.4M | -172.0M | -164.0M | -169.0M | 32.3M | -31.9M | -45.9M | -46.2M | 23.8M | -27.6M | -12.7M | -2.3M |
| Cash From Borrowings | 15.6M | 63.0M | 256.0M | -- | -- | -- | -- | 19.5M | -- | -- | 480,000 | -- |
| Dividends And Interest Paid | 11.0M | 27.2M | 17.8M | 9.8M | 31.2M | -- | 44,300 | 15.3M | 10.1M | 8.0M | 12.0M | -- |
| Debt Repayments | 15.1M | 63.0M | 49.9M | -- | -- | -- | 19.5M | -- | -- | -- | 480,000 | -- |
| Total Financing Cash Inflow | 15.6M | 76.6M | 256.0M | -- | 213.0M | -- | 20.1M | 19.5M | -- | 23.9M | 480,000 | -- |
| Total Financing Cash Outflow | 26.1M | 90.2M | 71.9M | 13.7M | 47.3M | -- | 19.5M | 35.3M | 10.1M | 8.0M | 12.5M | -- |
| Financing Cash Flow | -10.5M | -13.6M | 184.0M | -13.7M | 166.0M | -- | 521,800 | -15.8M | -10.1M | 15.9M | -12.0M | -- |
| Net Change In Cash | -28.1M | -184.0M | 109.0M | -147.0M | 304.0M | -3.0M | -8.1M | -39.0M | 45.3M | 12.8M | -7.2M | 9.2M |
| Ending Cash Balance | 69.9M | 97.9M | 282.0M | 173.0M | 320.0M | 15.7M | 18.7M | 26.8M | 65.8M | 20.5M | 7.7M | 14.9M |
| Capex | 18.5M | 176.0M | 29.1M | 25.9M | 7.1M | 22.4M | 42.3M | 26.5M | 14.2M | 2.2M | 1.1M | 2.3M |