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 | 646.0M | 836.0M | 723.0M | 699.0M | 689.0M | 684.0M | 393.0M | 314.0M | 256.0M | 238.0M | 251.0M | 211.0M |
| Revenue Growth % | -22.7% | 15.6% | 3.4% | 1.5% | 0.7% | 74.0% | 25.2% | 22.7% | 7.6% | -5.2% | 19.0% | -- |
| Total Revenue | 646.0M | 836.0M | 723.0M | 699.0M | 689.0M | 684.0M | 393.0M | 314.0M | 256.0M | 238.0M | 251.0M | 211.0M |
| Cost Of Revenue | 492.0M | 646.0M | 511.0M | 509.0M | 484.0M | 499.0M | 259.0M | 204.0M | 174.0M | 156.0M | 179.0M | 150.0M |
| Gross Profit | 154.0M | 190.0M | 212.0M | 190.0M | 205.0M | 185.0M | 134.0M | 110.0M | 82.0M | 82.0M | 72.0M | 61.0M |
| Gross Margin % | 23.8% | 22.7% | 29.3% | 27.2% | 29.8% | 27.0% | 34.1% | 35.0% | 32.0% | 34.5% | 28.7% | 28.9% |
| Total Operating Cost | 637.0M | 830.0M | 672.0M | 626.0M | 583.0M | 594.0M | 331.0M | 279.0M | 220.0M | 210.0M | 220.0M | 189.0M |
| Selling Expenses | 17.5M | 24.1M | 22.7M | 23.8M | 19.0M | 15.3M | 10.9M | 12.9M | 5.7M | 4.6M | 5.5M | 6.0M |
| Admin Expenses | 57.2M | 68.1M | 61.2M | 50.7M | 40.4M | 43.5M | 30.4M | 28.7M | 37.4M | 45.7M | 21.5M | 20.1M |
| Rd Expenses | 33.4M | 34.7M | 27.5M | 25.7M | 25.7M | 24.7M | 17.1M | 15.8M | -- | -- | -- | -- |
| Finance Expenses | 185,700 | -2.3M | -865,400 | -2.3M | 652,100 | 2.0M | -481,000 | -322,100 | -457,900 | 951,000 | 695,800 | 449,000 |
| Operating Income | 17.6M | 22.5M | 42.3M | 125.0M | 120.0M | 95.8M | 63.9M | 38.3M | 37.4M | 28.7M | 31.0M | 22.2M |
| Operating Margin % | 2.7% | 2.7% | 5.9% | 17.9% | 17.4% | 14.0% | 16.3% | 12.2% | 14.6% | 12.0% | 12.3% | 10.5% |
| Non Operating Income | 400,800 | 67,200 | 69,800 | 40,200 | 9,300 | 921,300 | 162,900 | 355,200 | 1.2M | 753,200 | 1.2M | -- |
| Non Operating Expenses | 2.6M | 3.0M | 10.2M | 94,600 | 421,200 | 30,000 | 314,400 | 139,800 | 34.00 | 305,300 | 13,300 | 52,800 |
| Investment Income | 5.2M | 22.4M | 6.0M | 5.0M | 8.9M | 3.7M | 1.5M | 1.5M | 624,200 | 356,200 | -- | -- |
| Fair Value Change Income | 1.1M | -10.7M | -20.6M | 43.4M | 483,300 | 447,800 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.7M | 6,300 | 642,200 | 6,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 7.9M | 19.1M | 28.3M | 4.4M | 10.8M | -- | 13.0M | 16.8M | 2.6M | -2.2M | 5.7M | 6.9M |
| Other Income | 933,000 | 4.5M | 5.1M | 3.5M | 4.9M | 1.9M | 652,500 | 1.4M | -- | -- | -- | -- |
| Income Before Tax | 15.3M | 19.6M | 32.2M | 125.0M | 119.0M | 96.7M | 63.8M | 38.5M | 38.6M | 29.1M | 32.1M | 22.2M |
| Income Tax | 3.2M | 2.2M | 6.2M | 15.2M | 14.6M | 13.3M | 9.9M | 4.7M | 5.1M | 5.6M | 4.3M | 3.4M |
| Net Income | 12.2M | 17.4M | 26.0M | 110.0M | 105.0M | 83.4M | 53.9M | 33.8M | 33.5M | 23.5M | 27.8M | 18.8M |
| Net Margin % | 1.9% | 2.1% | 3.6% | 15.7% | 15.2% | 12.2% | 13.7% | 10.8% | 13.1% | 9.9% | 11.1% | 8.9% |
| Net Income Attributable | 13.1M | 20.5M | 28.1M | 102.0M | 99.0M | 80.1M | 54.5M | 33.4M | 33.4M | 23.5M | 27.8M | 18.8M |
| Minority Interest | -930,800 | -3.1M | -2.1M | 7.8M | 5.7M | 3.3M | -613,400 | 340,300 | 140,200 | -- | -- | -- |
| Eps Basic | 0.13 | 0.21 | 0.28 | 1.26 | 1.33 | 1.11 | 0.81 | 0.51 | 0.56 | 0.42 | 0.44 | 0.34 |
| Eps Diluted | 0.13 | 0.21 | 0.28 | 1.26 | 1.33 | 1.11 | 0.81 | 0.51 | 0.56 | 0.42 | -- | 0.34 |
| 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 | 131.0M | 151.0M | 165.0M | 109.0M | 40.1M | 116.0M | 66.1M | 108.0M | 71.8M | 30.1M | 26.1M | 15.7M |
| Trading Financial Assets | 164.0M | 198.0M | 71.0M | 245.0M | 182.0M | 67.4M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 359.0M | 315.0M | 304.0M | 376.0M | 291.0M | 334.0M | 256.0M | 197.0M | 104.0M | 66.6M | 86.1M | 97.9M |
| Notes Receivable | 10.5M | 6.8M | 11.2M | 4.9M | 2.9M | 13.0M | 15.3M | 62.4M | 3.5M | 600,000 | -- | 5.9M |
| Notes And Accounts Receivable | 370.0M | 321.0M | 315.0M | 381.0M | 294.0M | 347.0M | 271.0M | 260.0M | 107.0M | 67.2M | 86.1M | 104.0M |
| Prepayments | 6.8M | 3.8M | 2.8M | 3.1M | 12.0M | 3.1M | 2.1M | 2.0M | 4.5M | 2.2M | 2.4M | 13.0M |
| Inventory | 26.4M | 23.9M | 37.1M | 32.8M | 27.4M | 317.0M | 104.0M | 119.0M | 193.0M | 174.0M | 122.0M | 54.9M |
| Total Current Assets | 1.4B | 1.5B | 1.2B | 1.2B | 906.0M | 881.0M | 499.0M | 509.0M | 400.0M | 331.0M | 252.0M | 204.0M |
| Long Term Equity Investment | 35.4M | 36.5M | 36.6M | 32.2M | 31.5M | 30.4M | 1.3M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 126.0M | 155.0M | 154.0M | 117.0M | 88.2M | 62.4M | 25.9M | 25.6M | 23.5M | 2.9M | 3.8M |
| Fixed Assets Total | 98.2M | 126.0M | 157.0M | 154.0M | 117.0M | 88.2M | 62.4M | 25.9M | 25.6M | 23.5M | 2.9M | 3.8M |
| Construction In Progress | -- | -- | 3.3M | 2.3M | 6.2M | 647,700 | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | 3.3M | 2.3M | 6.3M | 1.2M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 62.1M | 70.0M | 78.0M | 50.0M | 53.1M | 60.1M | 64.5M | 50.9M | 59,100 | 95,800 | 25,400 | 65,600 |
| Long Term Deferred Expenses | 3.0M | 2.5M | 2.2M | 2.1M | 266,500 | 1.2M | 2.5M | 2.1M | 762,000 | 987,800 | 25,400 | 122,200 |
| Total Non Current Assets | 249.0M | 274.0M | 432.0M | 293.0M | 219.0M | 196.0M | 145.0M | 87.6M | 29.2M | 26.8M | 8.3M | 6.1M |
| Total Assets | 1.7B | 1.7B | 1.6B | 1.5B | 1.1B | 1.1B | 644.0M | 596.0M | 429.0M | 358.0M | 260.0M | 210.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 26.0M | -- | 9.5M | -- | -- | 14.6M | 17.6M |
| Accounts Payable | 491.0M | 553.0M | 427.0M | 425.0M | 366.0M | 383.0M | 193.0M | 165.0M | 143.0M | 116.0M | 86.4M | 55.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 26.5M | 17.3M | 38.3M | 16.7M | 17.4M | 17.7M | 21.3M |
| Contract Liabilities | 10.0M | 7.6M | 5.2M | 4.5M | 6.7M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 673.0M | 738.0M | 585.0M | 531.0M | 454.0M | 508.0M | 252.0M | 250.0M | 192.0M | 150.0M | 134.0M | 112.0M |
| Total Non Current Liabilities | 6.6M | 6.2M | 13.5M | 19.6M | 72,400 | 67,200 | -- | -- | 1.2M | 1.3M | 330,000 | 1.5M |
| Total Liabilities | 680.0M | 744.0M | 599.0M | 550.0M | 454.0M | 508.0M | 252.0M | 250.0M | 193.0M | 151.0M | 134.0M | 114.0M |
| Paid In Capital | 101.0M | 101.0M | 99.1M | 99.1M | 74.3M | 74.3M | 67.2M | 67.2M | 59.5M | 59.5M | 55.0M | 55.0M |
| Capital Reserve | 484.0M | 481.0M | 466.0M | 466.0M | 293.0M | 293.0M | 194.0M | 194.0M | 86.9M | 86.9M | -- | -- |
| Surplus Reserve | 48.4M | 44.2M | 38.4M | 34.0M | 26.6M | 19.4M | 12.3M | 8.3M | 6.5M | 789,800 | 3.3M | 1.9M |
| Retained Earnings | 366.0M | 368.0M | 359.0M | 350.0M | 256.0M | 175.0M | 116.0M | 75.3M | 82.2M | 59.8M | 67.8M | 39.1M |
| Minority Equity | 21.1M | 22.0M | 25.1M | 29.8M | 21.0M | 7.8M | 2.9M | 1.9M | 1.1M | -- | -- | -- |
| Equity Attributable | 991.0M | 981.0M | 962.0M | 949.0M | 649.0M | 561.0M | 389.0M | 345.0M | 235.0M | 207.0M | 126.0M | 96.0M |
| Total Equity | 1.0B | 1.0B | 987.0M | 979.0M | 670.0M | 569.0M | 392.0M | 347.0M | 236.0M | 207.0M | 126.0M | 96.0M |
| 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 | 618.0M | 754.0M | 593.0M | 538.0M | 709.0M | 444.0M | 343.0M | 215.0M | 194.0M | 214.0M | 151.0M | 162.0M |
| Tax Refunds Received | 356,700 | 3.7M | 2.5M | 1.8M | 3.0M | 715,000 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 674.0M | 787.0M | 639.0M | 566.0M | 714.0M | 447.0M | 344.0M | 225.0M | 214.0M | 236.0M | 189.0M | 192.0M |
| Cash Paid For Goods | 540.0M | 484.0M | 462.0M | 419.0M | 489.0M | 337.0M | 220.0M | 209.0M | 132.0M | 133.0M | 72.3M | 124.0M |
| Cash Paid To Employees | 64.5M | 69.4M | 71.8M | 61.3M | 47.5M | 37.7M | 31.0M | 23.9M | 16.7M | 15.0M | 11.8M | 10.9M |
| Taxes Paid | 42.7M | 32.3M | 35.2M | 35.5M | 38.5M | 24.1M | 16.5M | 14.2M | 12.0M | 9.0M | 14.1M | 24.1M |
| Total Operating Cash Outflow | 731.0M | 659.0M | 637.0M | 613.0M | 636.0M | 434.0M | 300.0M | 273.0M | 208.0M | 215.0M | 162.0M | 198.0M |
| Operating Cash Flow | -57.1M | 128.0M | 1.8M | -47.0M | 78.0M | 12.4M | 43.7M | -47.7M | 5.6M | 20.7M | 27.7M | -5.9M |
| Total Investing Cash Inflow | 1.6B | 633.0M | 728.0M | 982.0M | 816.0M | 625.0M | 420.0M | 753.0M | 825.0M | 307.0M | -- | -- |
| Total Investing Cash Outflow | 1.6B | 782.0M | 647.0M | 1.0B | 944.0M | 708.0M | 490.0M | 783.0M | 785.0M | 370.0M | 949,400 | 378,200 |
| Investing Cash Flow | 34.1M | -148.0M | 81.0M | -55.5M | -128.0M | -83.7M | -69.7M | -29.2M | 40.4M | -62.2M | -949,400 | -378,200 |
| Cash From Borrowings | 1.0M | -- | -- | -- | -- | 26.0M | -- | 12.0M | -- | 5.0M | 11.0M | 9.0M |
| Dividends And Interest Paid | 11.1M | 5.0M | 18.0M | 12.5M | 18.6M | 13.3M | 10.3M | 6.4M | 5.2M | 268,400 | 514,400 | 233,600 |
| Debt Repayments | 1.0M | -- | 5.8M | 849,400 | 26.0M | -- | 9.5M | 2.5M | -- | 19.7M | 23.6M | 21.0M |
| Total Financing Cash Inflow | 4.2M | 12.9M | 490,000 | 202.0M | 5.4M | 134.0M | 2.0M | 127.0M | 12.2M | 53.9M | 13.2M | 17.2M |
| Total Financing Cash Outflow | 15.1M | 7.9M | 30.6M | 14.1M | 44.7M | 19.4M | 20.4M | 10.1M | 10.1M | 20.4M | 27.0M | 25.2M |
| Financing Cash Flow | -10.9M | 5.0M | -30.1M | 188.0M | -39.2M | 114.0M | -18.4M | 117.0M | 2.1M | 33.5M | -13.9M | -7.9M |
| Net Change In Cash | -33.9M | -14.9M | 52.9M | 85.6M | -89.4M | 42.9M | -44.4M | 39.7M | 48.1M | -7.9M | 12.9M | -14.2M |
| Ending Cash Balance | 104.0M | 138.0M | 153.0M | 100.0M | 14.5M | 104.0M | 61.0M | 105.0M | 65.6M | 17.6M | 25.5M | 12.6M |
| Capex | 10.9M | 16.7M | 72.1M | 13.7M | 31.6M | 26.0M | 34.9M | 30.8M | 1.9M | 18.6M | 949,400 | 378,200 |