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 | 937.0M | 1.1B | 844.0M | 546.0M | 571.0M | 568.0M | 515.0M | 475.0M | 380.0M |
| Revenue Growth % | -16.3% | 32.6% | 54.6% | -4.4% | 0.5% | 10.3% | 8.4% | 25.0% | -- |
| Total Revenue | 937.0M | 1.1B | 844.0M | 546.0M | 571.0M | 568.0M | 515.0M | 475.0M | 380.0M |
| Cost Of Revenue | 629.0M | 710.0M | 558.0M | 384.0M | 392.0M | 408.0M | 364.0M | 354.0M | 274.0M |
| Gross Profit | 308.0M | 409.0M | 286.0M | 162.0M | 179.0M | 160.0M | 151.0M | 121.0M | 106.0M |
| Gross Margin % | 32.9% | 36.6% | 33.9% | 29.7% | 31.3% | 28.2% | 29.3% | 25.5% | 27.9% |
| Total Operating Cost | 828.0M | 870.0M | 720.0M | 492.0M | 487.0M | 500.0M | 448.0M | 431.0M | 357.0M |
| Selling Expenses | 64.6M | 59.6M | 52.4M | 42.7M | 28.3M | 35.0M | 29.2M | 27.4M | 25.7M |
| Admin Expenses | 55.1M | 51.6M | 44.6M | 26.1M | 21.8M | 20.9M | 20.7M | 19.5M | 32.4M |
| Rd Expenses | 83.1M | 58.6M | 57.5M | 47.4M | 35.4M | 35.4M | 29.0M | 28.1M | 25.5M |
| Finance Expenses | -14.9M | -16.9M | -3.9M | -7.4M | -1.9M | -1.0M | -1.6M | 129,200 | 552,100 |
| Operating Income | 133.0M | 288.0M | 153.0M | 69.0M | 98.9M | 84.4M | 72.9M | 50.6M | 23.4M |
| Operating Margin % | 14.2% | 25.7% | 18.1% | 12.6% | 17.3% | 14.9% | 14.2% | 10.7% | 6.1% |
| Non Operating Income | 370,000 | 109,500 | 274,300 | 2.2M | 236,500 | 434,800 | 366,400 | 116,200 | 3.1M |
| Non Operating Expenses | 867,300 | 1.4M | 179,700 | 275,500 | 317,500 | 138,500 | 151,800 | 4,200 | 264,500 |
| Investment Income | 5.1M | 5.1M | 3.9M | 4.1M | 1.7M | 1.6M | 1.2M | 495,100 | 92,400 |
| Fair Value Change Income | 1.3M | 646,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -400.00 | 58,900 | -- | -- | 63,300 | -- | -73,100 | -- |
| Asset Impairment Loss | 2.7M | 2.9M | 1.7M | 1.8M | 864,300 | -- | 3.0M | -1.6M | -4.2M |
| Other Income | 17.7M | 33.7M | 24.9M | 10.3M | 13.1M | 14.4M | 5.1M | 6.0M | -- |
| Income Before Tax | 133.0M | 287.0M | 153.0M | 70.9M | 98.8M | 84.7M | 73.2M | 50.7M | 26.2M |
| Income Tax | 13.8M | 36.9M | 17.6M | 5.7M | 11.5M | 9.4M | 8.5M | 6.5M | 5.0M |
| Net Income | 119.0M | 250.0M | 135.0M | 65.2M | 87.3M | 75.3M | 64.6M | 44.2M | 21.2M |
| Net Margin % | 12.7% | 22.3% | 16.0% | 11.9% | 15.3% | 13.3% | 12.5% | 9.3% | 5.6% |
| Net Income Attributable | 119.0M | 250.0M | 135.0M | 65.2M | 87.3M | 75.3M | 64.6M | 44.2M | 21.2M |
| Eps Basic | 0.42 | 0.87 | 0.66 | 0.32 | 0.53 | 0.64 | 0.55 | 0.37 | 0.21 |
| Eps Diluted | 0.42 | 0.87 | 0.66 | 0.32 | 0.53 | 0.64 | 0.55 | 0.37 | 0.21 |
| 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 | 592.0M | 731.0M | 489.0M | 370.0M | 410.0M | 395.0M | 208.0M | 212.0M | 122.0M |
| Trading Financial Assets | 212.0M | 70.6M | -- | 140.0M | 140.0M | -- | -- | -- | -- |
| Accounts Receivable | 255.0M | 211.0M | 236.0M | 216.0M | 317.0M | 160.0M | 256.0M | 226.0M | 249.0M |
| Notes Receivable | -- | -- | 15.6M | 481,300 | 6.9M | 7.8M | 2.1M | -- | 329,400 |
| Notes And Accounts Receivable | 255.0M | 211.0M | 251.0M | 216.0M | 324.0M | 167.0M | 258.0M | 226.0M | 249.0M |
| Prepayments | 9.0M | 13.2M | 61.8M | 6.4M | 7.0M | 6.8M | 1.4M | 2.9M | 1.9M |
| Inventory | 60.1M | 102.0M | 152.0M | 76.3M | 18.2M | 29.7M | 49.9M | 68.7M | 37.7M |
| Total Current Assets | 1.2B | 1.2B | 988.0M | 835.0M | 921.0M | 605.0M | 521.0M | 515.0M | 415.0M |
| Long Term Equity Investment | 8.0M | 8.7M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 268.0M | 271.0M | 162.0M | 89.1M | 50.8M | 44.6M | 43.0M | -- |
| Fixed Assets Total | 257.0M | 268.0M | 271.0M | 162.0M | 89.1M | 50.8M | 44.6M | 43.0M | 43.4M |
| Construction In Progress | -- | 15.9M | 8.0M | 56.0M | 37.8M | 49.1M | 433,900 | 97,100 | -- |
| Construction In Progress Total | 35.9M | 15.9M | 8.0M | 56.0M | 37.8M | 49.1M | 433,900 | 97,100 | 234,400 |
| Intangible Assets | 57.7M | 60.5M | 63.1M | 27.2M | 28.2M | 21.1M | 30.2M | 14.1M | 4.2M |
| Long Term Deferred Expenses | 5.8M | 7.4M | 10.2M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 408.0M | 415.0M | 396.0M | 284.0M | 180.0M | 127.0M | 81.4M | 63.0M | 55.8M |
| Total Assets | 1.6B | 1.6B | 1.4B | 1.1B | 1.1B | 732.0M | 603.0M | 578.0M | 471.0M |
| Accounts Payable | 220.0M | 217.0M | 236.0M | 172.0M | 162.0M | 152.0M | 181.0M | 170.0M | 120.0M |
| Advance Receipts | 5,700 | 5,700 | -- | -- | -- | 33.3M | 618,100 | 11.2M | 581,500 |
| Contract Liabilities | 1.2M | 29.2M | 27.9M | 10.1M | 698,700 | -- | -- | -- | -- |
| Total Current Liabilities | 394.0M | 402.0M | 420.0M | 282.0M | 283.0M | 344.0M | 291.0M | 317.0M | 254.0M |
| Total Non Current Liabilities | 16.6M | 14.9M | 8.4M | 6.6M | 5.3M | 6.1M | 5.1M | 3.7M | 3.4M |
| Total Liabilities | 411.0M | 417.0M | 429.0M | 289.0M | 288.0M | 350.0M | 296.0M | 320.0M | 258.0M |
| Paid In Capital | 286.0M | 204.0M | 204.0M | 204.0M | 157.0M | 118.0M | 118.0M | 118.0M | 118.0M |
| Capital Reserve | 235.0M | 317.0M | 317.0M | 317.0M | 364.0M | 60.4M | 60.4M | 60.4M | 60.4M |
| Surplus Reserve | 90.6M | 78.7M | 54.0M | 39.6M | 33.1M | 24.3M | 16.8M | 10.4M | 6.0M |
| Retained Earnings | 548.0M | 564.0M | 380.0M | 269.0M | 258.0M | 179.0M | 111.0M | 68.6M | 28.8M |
| Equity Attributable | 1.2B | 1.2B | 955.0M | 830.0M | 813.0M | 382.0M | 307.0M | 257.0M | 213.0M |
| Total Equity | 1.2B | 1.2B | 955.0M | 830.0M | 813.0M | 382.0M | 307.0M | 257.0M | 213.0M |
| 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 | 839.0M | 1.1B | 825.0M | 648.0M | 379.0M | 700.0M | 493.0M | 550.0M | 487.0M |
| Tax Refunds Received | 11.6M | 31.3M | 25.4M | 11.3M | 12.2M | 13.4M | 3.6M | 4.5M | 1.1M |
| Total Operating Cash Inflow | 896.0M | 1.2B | 872.0M | 693.0M | 448.0M | 767.0M | 562.0M | 624.0M | 594.0M |
| Cash Paid For Goods | 415.0M | 485.0M | 547.0M | 398.0M | 425.0M | 336.0M | 352.0M | 327.0M | 310.0M |
| Cash Paid To Employees | 119.0M | 102.0M | 89.1M | 80.1M | 60.4M | 65.4M | 59.3M | 50.6M | 44.7M |
| Taxes Paid | 59.0M | 87.2M | 54.0M | 28.0M | 21.2M | 57.8M | 24.8M | 39.2M | 32.3M |
| Total Operating Cash Outflow | 720.0M | 769.0M | 769.0M | 571.0M | 549.0M | 555.0M | 499.0M | 509.0M | 510.0M |
| Operating Cash Flow | 176.0M | 421.0M | 103.0M | 122.0M | -101.0M | 212.0M | 63.0M | 115.0M | 83.9M |
| Total Investing Cash Inflow | 1.6B | 92.6M | 744.0M | 724.0M | 278.0M | 71.1M | 121.0M | 40.5M | 90.4M |
| Total Investing Cash Outflow | 1.8B | 230.0M | 717.0M | 836.0M | 466.0M | 111.0M | 148.0M | 57.8M | 65.1M |
| Investing Cash Flow | -194.0M | -138.0M | 26.5M | -112.0M | -189.0M | -40.3M | -26.7M | -17.3M | 25.3M |
| Cash From Borrowings | 30.0M | -- | -- | -- | 15.0M | 300,000 | -- | 24.9M | 74.0M |
| Dividends And Interest Paid | 123.0M | 40.9M | 10.2M | 47.2M | 14,800 | 4,700 | 15.3M | 245,600 | 26.6M |
| Debt Repayments | 30.0M | -- | -- | -- | 15.0M | 300,000 | -- | 24.9M | 154.0M |
| Total Financing Cash Inflow | 30.0M | -- | -- | -- | 387.0M | 300,000 | -- | 24.9M | 112.0M |
| Total Financing Cash Outflow | 153.0M | 41.1M | 11.1M | 48.4M | 44.7M | 2.6M | 15.3M | 25.2M | 181.0M |
| Financing Cash Flow | -123.0M | -41.1M | -11.1M | -48.4M | 342.0M | -2.3M | -15.3M | -245,600 | -68.5M |
| Net Change In Cash | -140.0M | 243.0M | 120.0M | -39.2M | 52.7M | 169.0M | 21.7M | 97.0M | 41.0M |
| Ending Cash Balance | 590.0M | 731.0M | 487.0M | 368.0M | 407.0M | 354.0M | 185.0M | 163.0M | 66.2M |
| Capex | 60.2M | 64.9M | 76.2M | 116.0M | 50.2M | 51.4M | 28.0M | 17.8M | 15.1M |