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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 609.0M | 643.0M | 764.0M | 867.0M | 715.0M | 778.0M | 640.0M | 494.0M | 443.0M |
| Revenue Growth % | -5.3% | -15.8% | -11.9% | 21.3% | -8.1% | 21.6% | 29.6% | 11.5% | -- |
| Total Revenue | 609.0M | 643.0M | 764.0M | 867.0M | 715.0M | 778.0M | 640.0M | 494.0M | 443.0M |
| Cost Of Revenue | 457.0M | 486.0M | 567.0M | 555.0M | 451.0M | 480.0M | 400.0M | 311.0M | 297.0M |
| Gross Profit | 152.0M | 157.0M | 197.0M | 312.0M | 264.0M | 298.0M | 240.0M | 183.0M | 146.0M |
| Gross Margin % | 25.0% | 24.4% | 25.8% | 36.0% | 36.9% | 38.3% | 37.5% | 37.0% | 33.0% |
| Total Operating Cost | 610.0M | 622.0M | 730.0M | 724.0M | 598.0M | 639.0M | 563.0M | 465.0M | 421.0M |
| Selling Expenses | 47.1M | 42.8M | 61.0M | 70.7M | 59.6M | 75.5M | 74.2M | 66.1M | 67.5M |
| Admin Expenses | 45.5M | 45.2M | 49.7M | 37.1M | 41.4M | 30.6M | 36.7M | 41.7M | 19.4M |
| Rd Expenses | 38.9M | 42.2M | 45.3M | 41.8M | 41.7M | 34.5M | 32.5M | 29.4M | 28.1M |
| Finance Expenses | -4.1M | -11.6M | -9.8M | -5.1M | -1.5M | 813,100 | 2.0M | 1.9M | 1.2M |
| Operating Income | 5.3M | 48.2M | 71.8M | 185.0M | 134.0M | 162.0M | 82.3M | 38.3M | 22.3M |
| Operating Margin % | 0.9% | 7.5% | 9.4% | 21.3% | 18.7% | 20.8% | 12.9% | 7.7% | 5.0% |
| Non Operating Income | 7.1M | 33,300 | 5.8M | 3.4M | 17.0M | 15.6M | 7.4M | 3.8M | 13.3M |
| Non Operating Expenses | 401,100 | 64,600 | 259,800 | 362,100 | 269,000 | 212,900 | 745,900 | 155,400 | 145,400 |
| Investment Income | -1.9M | 14.6M | 20.2M | 29.3M | 6.9M | -- | -- | -- | -- |
| Fair Value Change Income | 175,200 | 926,900 | 496,000 | 3.5M | 832,900 | -- | -- | -- | -- |
| Asset Disposal Income | 654,900 | 2.1M | 28,700 | 29,900 | 70.00 | -76,300 | -- | -59,900 | -39,400 |
| Asset Impairment Loss | 9.1M | 6.5M | 1.3M | 3.0M | 29,600 | 3.0M | 14.2M | 10.4M | 1.2M |
| Other Income | 7.1M | 9.9M | 17.5M | 10.2M | 9.3M | 23.3M | 6.2M | 9.6M | 31,000 |
| Income Before Tax | 12.1M | 48.2M | 77.3M | 188.0M | 151.0M | 177.0M | 88.9M | 41.9M | 35.5M |
| Income Tax | 4.8M | 4.2M | 3.1M | 22.3M | 21.6M | 24.2M | 16.8M | 9.8M | 7.2M |
| Net Income | 7.3M | 44.0M | 74.2M | 166.0M | 129.0M | 153.0M | 72.1M | 32.1M | 28.2M |
| Net Margin % | 1.2% | 6.8% | 9.7% | 19.1% | 18.0% | 19.7% | 11.3% | 6.5% | 6.4% |
| Net Income Attributable | 6.5M | 42.0M | 69.5M | 160.0M | 130.0M | 153.0M | 71.8M | 32.0M | 28.2M |
| Minority Interest | 788,400 | 2.0M | 4.7M | 5.6M | -994,700 | 528,900 | 289,500 | 96,600 | -- |
| Eps Basic | 0.04 | 0.32 | 0.53 | 1.21 | 1.18 | 1.54 | 0.73 | 0.34 | 0.32 |
| Eps Diluted | 0.04 | 0.32 | 0.53 | 1.21 | 1.18 | 1.54 | 0.73 | 0.34 | 0.32 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 293.0M | 301.0M | 287.0M | 241.0M | 462.0M | 321.0M | 211.0M | 227.0M | 139.0M |
| Trading Financial Assets | 70.2M | 111.0M | 260.0M | 503.0M | 241.0M | -- | -- | -- | -- |
| Accounts Receivable | 470.0M | 440.0M | 401.0M | 362.0M | 321.0M | 315.0M | 195.0M | 191.0M | 191.0M |
| Notes Receivable | 22.6M | 31.3M | 39.2M | 16.2M | 28.8M | 30.5M | 24.6M | 5.6M | 5.8M |
| Notes And Accounts Receivable | 492.0M | 471.0M | 440.0M | 379.0M | 349.0M | 345.0M | 220.0M | 196.0M | 197.0M |
| Prepayments | 5.0M | 4.4M | 8.7M | 7.1M | 7.7M | 3.2M | 11.4M | 15.4M | 7.7M |
| Inventory | 203.0M | 243.0M | 281.0M | 281.0M | 278.0M | 253.0M | 243.0M | 223.0M | 184.0M |
| Total Current Assets | 1.5B | 1.7B | 1.8B | 1.8B | 2.1B | 998.0M | 769.0M | 715.0M | 576.0M |
| Long Term Equity Investment | 175.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 164.0M | 166.0M | 137.0M | 139.0M | 132.0M | 117.0M | -- | -- |
| Fixed Assets Total | 318.0M | 164.0M | 166.0M | 137.0M | 139.0M | 132.0M | 117.0M | 78.5M | 63.9M |
| Construction In Progress | -- | 85.2M | 29.8M | 3.2M | 1.1M | -- | -- | -- | -- |
| Construction In Progress Total | 19.6M | 85.2M | 29.8M | 3.2M | 1.1M | -- | -- | -- | -- |
| Intangible Assets | 18.0M | 18.2M | 19.4M | 9.7M | 11.0M | 12.1M | 8.3M | 8.9M | 5.6M |
| Long Term Deferred Expenses | 3.5M | 373,300 | 547,800 | 820,200 | 436,800 | 489,400 | -- | -- | -- |
| Total Non Current Assets | 1.0B | 844.0M | 886.0M | 673.0M | 219.0M | 209.0M | 202.0M | 131.0M | 89.7M |
| Total Assets | 2.6B | 2.5B | 2.7B | 2.5B | 2.3B | 1.2B | 971.0M | 846.0M | 666.0M |
| Short Term Borrowings | -- | -- | 20.0M | -- | -- | 107.0M | 73.5M | 107.0M | 85.6M |
| Accounts Payable | 212.0M | 181.0M | 225.0M | 173.0M | 151.0M | 197.0M | 184.0M | 128.0M | 138.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 79.2M | 98.6M | 126.0M | 63.0M |
| Contract Liabilities | 38.5M | 54.8M | 92.9M | 67.5M | 82.1M | -- | -- | -- | -- |
| Total Current Liabilities | 379.0M | 394.0M | 576.0M | 449.0M | 425.0M | 542.0M | 469.0M | 442.0M | 371.0M |
| Long Term Borrowings | 114.0M | 74.5M | 99.9M | 12.0M | 12.0M | 12.0M | -- | -- | -- |
| Total Non Current Liabilities | 160.0M | 117.0M | 145.0M | 67.3M | 62.5M | 68.2M | 63.1M | 47.1M | 40.8M |
| Total Liabilities | 539.0M | 512.0M | 721.0M | 517.0M | 487.0M | 610.0M | 532.0M | 489.0M | 412.0M |
| Paid In Capital | 185.0M | 132.0M | 132.0M | 132.0M | 132.0M | 98.9M | 98.9M | 98.9M | 88.9M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 101.0M | 101.0M | 89.0M | 32.8M |
| Surplus Reserve | 85.6M | 85.1M | 80.9M | 75.0M | 62.0M | 47.8M | 32.2M | 26.6M | 22.9M |
| Retained Earnings | 649.0M | 653.0M | 615.0M | 604.0M | 457.0M | 341.0M | 204.0M | 138.0M | 110.0M |
| Minority Equity | 26.2M | 23.4M | 21.3M | 14.7M | 11.6M | 7.9M | 2.5M | 3.4M | -- |
| Equity Attributable | 2.0B | 2.0B | 2.0B | 2.0B | 1.8B | 589.0M | 437.0M | 353.0M | 254.0M |
| Total Equity | 2.0B | 2.0B | 2.0B | 2.0B | 1.8B | 597.0M | 439.0M | 356.0M | 254.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 674.0M | 637.0M | 675.0M | 672.0M | 764.0M | 684.0M | 580.0M | 577.0M | 484.0M |
| Tax Refunds Received | 8.0M | 1.9M | 4.6M | 4.2M | 7.1M | 7.0M | 4.6M | 4.2M | 4.0M |
| Total Operating Cash Inflow | 716.0M | 662.0M | 698.0M | 704.0M | 799.0M | 727.0M | 601.0M | 603.0M | 516.0M |
| Cash Paid For Goods | 350.0M | 364.0M | 430.0M | 438.0M | 459.0M | 392.0M | 317.0M | 360.0M | 278.0M |
| Cash Paid To Employees | 177.0M | 186.0M | 191.0M | 169.0M | 138.0M | 119.0M | 93.6M | 88.9M | 86.5M |
| Taxes Paid | 25.3M | 30.1M | 74.0M | 51.0M | 63.0M | 57.8M | 35.5M | 28.6M | 36.9M |
| Total Operating Cash Outflow | 635.0M | 653.0M | 756.0M | 724.0M | 728.0M | 628.0M | 524.0M | 538.0M | 466.0M |
| Operating Cash Flow | 81.6M | 8.3M | -57.7M | -20.3M | 71.1M | 98.9M | 77.1M | 64.8M | 49.6M |
| Total Investing Cash Inflow | 778.0M | 208.0M | 159.0M | 336.0M | 3.3M | 171,100 | -- | 17,600 | 241,300 |
| Total Investing Cash Outflow | 881.0M | 150.0M | 110.0M | 535.0M | 919.0M | 35.7M | 51.4M | 33.3M | 10.9M |
| Investing Cash Flow | -103.0M | 58.1M | 48.9M | -200.0M | -916.0M | -35.5M | -51.4M | -33.3M | -10.7M |
| Cash From Borrowings | 133.0M | 812,600 | 108.0M | 50.0M | 61.6M | 119.0M | 73.6M | 109.0M | 118.0M |
| Dividends And Interest Paid | 15.5M | 4.1M | 54.4M | 735,200 | 3.3M | 4.7M | 2.6M | 4.6M | 15.8M |
| Debt Repayments | 91.6M | 30.6M | -- | 50.0M | 168.0M | 73.6M | 109.0M | 88.0M | 132.0M |
| Total Financing Cash Inflow | 135.0M | 812,600 | 110.0M | 50.0M | 1.1B | 119.0M | 75.2M | 160.0M | 170.0M |
| Total Financing Cash Outflow | 108.0M | 35.7M | 54.4M | 50.7M | 181.0M | 84.3M | 127.0M | 97.3M | 183.0M |
| Financing Cash Flow | 27.0M | -34.9M | 55.4M | -735,200 | 962.0M | 34.2M | -51.3M | 62.3M | -13.2M |
| Net Change In Cash | 5.5M | 31.5M | 46.5M | -221.0M | 117.0M | 97.6M | -25.6M | 93.7M | 25.7M |
| Ending Cash Balance | 245.0M | 240.0M | 208.0M | 162.0M | 383.0M | 266.0M | 168.0M | 194.0M | 100.0M |
| Capex | 62.6M | 140.0M | 70.3M | 27.4M | 39.4M | 35.7M | 45.4M | 28.8M | 10.9M |