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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 653.0M | 548.0M | 695.0M | 573.0M | 463.0M | 369.0M | 296.0M | 225.0M | 201.0M | 198.0M | 178.0M | 113.0M |
| Revenue Growth % | 19.2% | -21.2% | 21.3% | 23.8% | 25.5% | 24.7% | 31.6% | 11.9% | 1.5% | 11.2% | 57.5% | -- |
| Total Revenue | 653.0M | 548.0M | 695.0M | 573.0M | 463.0M | 369.0M | 296.0M | 225.0M | 201.0M | 198.0M | 178.0M | 113.0M |
| Cost Of Revenue | 441.0M | 325.0M | 406.0M | 323.0M | 261.0M | 205.0M | 169.0M | 132.0M | 123.0M | 118.0M | 110.0M | 70.6M |
| Gross Profit | 212.0M | 223.0M | 289.0M | 250.0M | 202.0M | 164.0M | 127.0M | 93.0M | 78.0M | 80.0M | 68.0M | 42.4M |
| Gross Margin % | 32.5% | 40.7% | 41.6% | 43.6% | 43.6% | 44.4% | 42.9% | 41.3% | 38.8% | 40.4% | 38.2% | 37.5% |
| Total Operating Cost | 564.0M | 425.0M | 482.0M | 397.0M | 327.0M | 261.0M | 216.0M | 175.0M | 170.0M | 164.0M | 146.0M | 96.7M |
| Selling Expenses | 33.3M | 23.4M | 21.1M | 29.9M | 22.2M | 20.2M | 15.9M | 13.4M | 12.9M | 12.4M | 9.4M | 7.0M |
| Admin Expenses | 44.1M | 39.8M | 31.5M | 27.3M | 23.8M | 19.3M | 17.0M | 15.9M | 15.2M | 24.6M | 18.4M | 13.5M |
| Rd Expenses | 20.9M | 20.3M | 21.8M | 17.8M | 14.7M | 15.3M | 10.9M | 8.1M | 7.8M | -- | -- | -- |
| Finance Expenses | -5.0M | -4.2M | -14.2M | -8.5M | -2.6M | -2.5M | -687,700 | 2.7M | 3.3M | 5.2M | 5.3M | 4.5M |
| Operating Income | 97.3M | 129.0M | 218.0M | 181.0M | 137.0M | 110.0M | 82.7M | 51.3M | 31.8M | 34.6M | 31.6M | 16.1M |
| Operating Margin % | 14.9% | 23.5% | 31.4% | 31.6% | 29.6% | 29.8% | 27.9% | 22.8% | 15.8% | 17.5% | 17.8% | 14.3% |
| Non Operating Income | 80,100 | 3,000 | 400.00 | 3.0M | 6.2M | 3.0M | 4.3M | 879,000 | 3.6M | 5.5M | 9.2M | 855,000 |
| Non Operating Expenses | 201,600 | 1.1M | 1.5M | 628,300 | 1.1M | 215,500 | 2,000 | 6,400 | 148,200 | 1.1M | 6.0M | 271,200 |
| Investment Income | 62,300 | 137,400 | 4.9M | 3.1M | 207,000 | -- | 5,480 | 99,900 | 1.3M | -- | 4,873 | -- |
| Fair Value Change Income | -- | -- | -1.9M | 652,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 3,100 | -22,400 | -- | -- | 17,400 | 5,400 | -- | -8,200 | -- | -- | -- |
| Asset Impairment Loss | 533,100 | 390,100 | -198,300 | 1.4M | -7,300 | 85,000 | 1.2M | -4,100 | 5.7M | 2.2M | 2.9M | 552,400 |
| Other Income | 8.5M | 5.1M | 1.5M | 1.3M | 1.7M | 1.4M | 2.5M | 1.1M | -- | -- | -- | -- |
| Income Before Tax | 97.2M | 128.0M | 216.0M | 184.0M | 142.0M | 112.0M | 87.0M | 52.2M | 35.2M | 39.0M | 34.8M | 16.7M |
| Income Tax | 17.0M | 20.7M | 29.5M | 26.2M | 21.2M | 16.1M | 12.6M | 8.5M | 5.0M | 6.4M | 5.4M | 2.6M |
| Net Income | 80.1M | 107.0M | 187.0M | 158.0M | 121.0M | 96.2M | 74.4M | 43.7M | 30.2M | 32.7M | 29.4M | 14.1M |
| Net Margin % | 12.3% | 19.5% | 26.9% | 27.6% | 26.1% | 26.1% | 25.1% | 19.4% | 15.0% | 16.5% | 16.5% | 12.5% |
| Net Income Attributable | 79.9M | 107.0M | 187.0M | 158.0M | 121.0M | 96.2M | 74.4M | 43.7M | 30.9M | 31.9M | 28.9M | 14.1M |
| Minority Interest | 266,800 | -165,400 | -- | -- | -- | -- | -- | 49,500 | -664,400 | 747,900 | 463,000 | 44,000 |
| Eps Basic | 0.80 | 1.07 | 1.87 | 1.58 | 1.38 | 1.28 | 0.99 | 0.58 | 0.41 | 0.63 | 0.57 | -- |
| Eps Diluted | 0.75 | 1.07 | 1.87 | 1.58 | 1.38 | 1.28 | 0.99 | 0.58 | 0.41 | 0.63 | 0.57 | -- |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 657.0M | 658.0M | 399.0M | 481.0M | 552.0M | 195.0M | 141.0M | 113.0M | 85.9M | 30.5M | 42.7M | 12.1M |
| Trading Financial Assets | -- | -- | -- | 652,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 307.0M | 236.0M | 161.0M | 98.7M | 102.0M | 71.8M | 73.8M | 73.9M | -- | 75.9M | 75.8M | 38.7M |
| Notes Receivable | 6.9M | 5.3M | 5.5M | 7.5M | -- | -- | 8.4M | 9.8M | -- | 23.2M | 3.1M | 6.7M |
| Notes And Accounts Receivable | 314.0M | 241.0M | 166.0M | 106.0M | 102.0M | 71.8M | 82.2M | 83.7M | 93.4M | 99.1M | 79.0M | 45.4M |
| Prepayments | 7.0M | 11.7M | 3.5M | 8.8M | 4.5M | 4.0M | 441,300 | 1.7M | 1.0M | 1.9M | 3.2M | 5.3M |
| Inventory | 660.0M | 601.0M | 441.0M | 388.0M | 273.0M | 163.0M | 101.0M | 110.0M | 85.8M | 115.0M | 83.3M | 48.4M |
| Total Current Assets | 1.7B | 1.6B | 1.1B | 1.0B | 940.0M | 445.0M | 331.0M | 313.0M | 271.0M | 249.0M | 217.0M | 115.0M |
| Long Term Equity Investment | 93.3M | 82.6M | 84.0M | 79.7M | 39.9M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 345.0M | 291.0M | 265.0M | 111.0M | 79.1M | 68.5M | 63.3M | -- | 93.6M | 79.1M | 79.8M |
| Fixed Assets Total | 340.0M | 345.0M | 291.0M | 265.0M | 111.0M | 79.1M | 68.5M | 63.3M | 78.3M | 93.6M | 79.1M | 79.8M |
| Construction In Progress | -- | 52.4M | 64.5M | 66.5M | 108.0M | 55.4M | 19.8M | 14.1M | -- | 2.0M | 993,900 | 681,800 |
| Construction In Progress Total | 65.8M | 52.4M | 64.5M | 66.5M | 108.0M | 55.4M | 19.8M | 14.1M | 10.4M | 2.0M | 993,900 | 681,800 |
| Intangible Assets | 98.6M | 99.0M | 61.3M | 38.9M | 28.3M | 28.9M | 29.4M | 21.6M | 20.9M | 21.8M | 19.7M | 17.7M |
| Long Term Deferred Expenses | 1.3M | 572,100 | 347,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 635.0M | 612.0M | 538.0M | 488.0M | 319.0M | 182.0M | 124.0M | 102.0M | 115.0M | 119.0M | 101.0M | 99.1M |
| Total Assets | 2.4B | 2.2B | 1.6B | 1.5B | 1.3B | 627.0M | 455.0M | 415.0M | 385.0M | 368.0M | 318.0M | 214.0M |
| Short Term Borrowings | 3.0M | -- | -- | -- | -- | -- | 5.0M | 10.0M | 34.0M | 50.0M | 60.0M | 45.4M |
| Accounts Payable | 221.0M | 159.0M | 171.0M | 115.0M | 82.9M | 67.8M | 64.8M | 56.3M | -- | 70.3M | 42.6M | 32.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 103.0M | 30.2M | 40.6M | 10.6M | 22.8M | 21.1M | 5.0M |
| Contract Liabilities | 223.0M | 198.0M | 104.0M | 169.0M | 143.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 626.0M | 490.0M | 364.0M | 425.0M | 313.0M | 186.0M | 110.0M | 124.0M | 130.0M | 172.0M | 153.0M | 138.0M |
| Long Term Borrowings | -- | 15.0M | -- | -- | -- | -- | -- | 21.5M | 24.5M | 22.0M | 24.5M | -- |
| Total Non Current Liabilities | 295.0M | 297.0M | 8.0M | 4.4M | 3.0M | 1.3M | 679,500 | 22.3M | 25.2M | 22.0M | 31.5M | -- |
| Total Liabilities | 921.0M | 787.0M | 372.0M | 429.0M | 316.0M | 187.0M | 111.0M | 146.0M | 156.0M | 194.0M | 184.0M | 138.0M |
| Paid In Capital | 100.0M | 100.0M | 100.0M | 100.0M | 100.0M | 75.0M | 75.0M | 75.0M | 51.0M | 51.0M | 51.0M | 30.0M |
| Capital Reserve | 386.0M | 386.0M | 386.0M | 386.0M | 386.0M | 29.9M | 29.9M | 29.9M | 53.9M | 53.9M | 48.5M | -- |
| Surplus Reserve | 49.9M | 49.9M | 49.9M | 49.9M | 45.4M | 33.3M | 23.7M | 16.2M | 11.8M | 5.9M | 2.8M | 4.1M |
| Retained Earnings | 817.0M | 767.0M | 690.0M | 534.0M | 411.0M | 302.0M | 215.0M | 148.0M | 109.0M | 56.9M | 28.1M | 39.4M |
| Minority Equity | 38.2M | 37.9M | -- | -- | -- | -- | -- | -- | 3.5M | 6.9M | 3.2M | 2.7M |
| Equity Attributable | 1.4B | 1.4B | 1.2B | 1.1B | 943.0M | 440.0M | 344.0M | 269.0M | 226.0M | 168.0M | 131.0M | 73.5M |
| Total Equity | 1.4B | 1.4B | 1.2B | 1.1B | 943.0M | 440.0M | 344.0M | 269.0M | 229.0M | 175.0M | 134.0M | 76.2M |
| 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 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 539.0M | 528.0M | 557.0M | 512.0M | 448.0M | 336.0M | 208.0M | 193.0M | 154.0M | 133.0M | 147.0M | 63.9M |
| Tax Refunds Received | 5.00 | -- | -- | -- | 1.2M | -- | 996,600 | 422,400 | 242,700 | 1.5M | -- | 103,400 |
| Total Operating Cash Inflow | 613.0M | 590.0M | 588.0M | 546.0M | 490.0M | 349.0M | 216.0M | 201.0M | 168.0M | 160.0M | 174.0M | 73.0M |
| Cash Paid For Goods | 315.0M | 334.0M | 377.0M | 258.0M | 250.0M | 140.0M | 72.5M | 64.7M | 49.1M | 76.2M | 89.4M | 43.6M |
| Cash Paid To Employees | 66.7M | 60.7M | 54.4M | 47.3M | 38.0M | 28.4M | 22.0M | 19.9M | 19.7M | 15.9M | 10.2M | 6.6M |
| Taxes Paid | 55.4M | 78.1M | 58.6M | 20.5M | 32.0M | 28.3M | 28.9M | 31.3M | 21.9M | 19.0M | 11.3M | 9.4M |
| Total Operating Cash Outflow | 562.0M | 563.0M | 563.0M | 393.0M | 358.0M | 246.0M | 145.0M | 138.0M | 116.0M | 151.0M | 153.0M | 79.7M |
| Operating Cash Flow | 51.5M | 26.9M | 25.7M | 153.0M | 132.0M | 103.0M | 71.6M | 63.2M | 51.4M | 9.5M | 21.3M | -6.7M |
| Total Investing Cash Inflow | 8.2M | 63.5M | 78.0M | 253.0M | 30.3M | 67,100 | 758,000 | 3.0M | 3.0M | 447,900 | 4,873 | 8,631 |
| Total Investing Cash Outflow | 35.3M | 139.0M | 133.0M | 476.0M | 165.0M | 62.1M | 14.2M | 8.2M | 3.7M | 19.9M | 17.6M | 29.3M |
| Investing Cash Flow | -27.1M | -75.3M | -55.2M | -223.0M | -134.0M | -62.1M | -13.4M | -5.2M | -712,800 | -19.5M | -17.6M | -29.2M |
| Cash From Borrowings | 3.0M | 15.0M | -- | -- | -- | -- | 15.0M | 10.0M | 61.6M | 50.0M | 73.5M | 55.4M |
| Dividends And Interest Paid | 31.3M | 30.1M | 30.0M | 30.0M | -- | 162,100 | 1.8M | 2.9M | 4.4M | 5.6M | 5.5M | 4.7M |
| Debt Repayments | -- | -- | -- | -- | -- | 5.0M | 44.5M | 32.7M | 75.4M | 52.5M | 44.4M | 51.6M |
| Total Financing Cash Inflow | 11.5M | 337.0M | -- | -- | 416.0M | 7.3M | 17.1M | 13.7M | 70.6M | 70.1M | 115.0M | 88.6M |
| Total Financing Cash Outflow | 50.6M | 38.0M | 30.4M | 30.1M | 49.5M | 12.5M | 46.3M | 37.7M | 86.2M | 66.6M | 100.0M | 63.1M |
| Financing Cash Flow | -39.1M | 299.0M | -30.4M | -30.1M | 367.0M | -5.2M | -29.2M | -24.0M | -15.6M | 3.5M | 14.8M | 25.5M |
| Net Change In Cash | -11.1M | 251.0M | -56.5M | -102.0M | 361.0M | 35.8M | 29.9M | 33.4M | 35.2M | -6.5M | 18.5M | -10.5M |
| Ending Cash Balance | 619.0M | 630.0M | 379.0M | 435.0M | 537.0M | 176.0M | 140.0M | 110.0M | 77.1M | 20.6M | 27.1M | 8.6M |
| Capex | 24.5M | 47.4M | 83.2M | 161.0M | 94.8M | 62.1M | 14.2M | 8.2M | 3.7M | 19.9M | 17.6M | 25.8M |