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 | 720.0M | 884.0M | 842.0M | 942.0M | 778.0M | 615.0M | 457.0M | 381.0M | 287.0M |
| Revenue Growth % | -18.6% | 5.0% | -10.6% | 21.1% | 26.5% | 34.6% | 19.9% | 32.8% | -- |
| Total Revenue | 720.0M | 884.0M | 842.0M | 942.0M | 778.0M | 615.0M | 457.0M | 381.0M | 287.0M |
| Cost Of Revenue | 413.0M | 496.0M | 497.0M | 615.0M | 434.0M | 336.0M | 265.0M | 219.0M | 151.0M |
| Gross Profit | 307.0M | 388.0M | 345.0M | 327.0M | 344.0M | 279.0M | 192.0M | 162.0M | 136.0M |
| Gross Margin % | 42.6% | 43.9% | 41.0% | 34.7% | 44.2% | 45.4% | 42.0% | 42.5% | 47.4% |
| Total Operating Cost | 769.0M | 822.0M | 799.0M | 870.0M | 619.0M | 491.0M | 403.0M | 352.0M | 244.0M |
| Selling Expenses | 153.0M | 161.0M | 148.0M | 130.0M | 102.0M | 83.7M | 73.2M | 68.5M | 50.1M |
| Admin Expenses | 51.6M | 51.4M | 41.4M | 32.1M | 28.8M | 26.2M | 24.7M | 26.5M | 17.7M |
| Rd Expenses | 79.2M | 68.7M | 55.6M | 48.0M | 32.0M | 23.0M | 21.6M | 26.4M | 23.3M |
| Finance Expenses | -6.8M | -3.5M | -7.2M | 417,300 | 2.9M | 1.7M | 830,700 | 1.8M | -911,600 |
| Operating Income | -34.1M | 110.0M | 84.0M | 116.0M | 182.0M | 145.0M | 70.3M | 46.3M | 43.5M |
| Operating Margin % | -4.7% | 12.4% | 10.0% | 12.3% | 23.4% | 23.6% | 15.4% | 12.1% | 15.2% |
| Non Operating Income | 6.2M | 1.1M | 605,600 | 256,400 | 324,800 | 489,900 | 32,200 | -- | 10.1M |
| Non Operating Expenses | 334,800 | 349,400 | 310,400 | 616,900 | 369,100 | 391,900 | 72,000 | 11,000 | -- |
| Investment Income | -5.9M | 15.2M | 13.9M | 15.6M | 75,200 | 1.6M | 39,000 | 743,800 | 56,200 |
| Fair Value Change Income | 2.6M | 1.5M | -103,100 | 701,000 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.6M | -685,400 | 5,500 | -- | 40,100 | 32,900 | -35,400 | -130,100 | -- |
| Asset Impairment Loss | 29.0M | 15.7M | 9.4M | 10.4M | 4.1M | 5.1M | 12.3M | 5.9M | -163,800 |
| Other Income | 16.0M | 31.7M | 27.3M | 28.2M | 22.8M | 19.3M | 16.4M | 16.9M | -- |
| Income Before Tax | -28.3M | 110.0M | 84.3M | 116.0M | 182.0M | 145.0M | 70.2M | 46.3M | 53.6M |
| Income Tax | -13.3M | 8.2M | 3.9M | 13.0M | 27.4M | 19.3M | 8.1M | 6.0M | 7.6M |
| Net Income | -15.0M | 102.0M | 80.4M | 103.0M | 155.0M | 126.0M | 62.1M | 40.3M | 46.0M |
| Net Margin % | -2.1% | 11.5% | 9.5% | 10.9% | 19.9% | 20.5% | 13.6% | 10.6% | 16.0% |
| Net Income Attributable | -12.9M | 102.0M | 80.3M | 104.0M | 154.0M | 126.0M | 63.0M | 41.4M | 47.6M |
| Minority Interest | -2.1M | -51,200 | 101,700 | -382,400 | 273,800 | -450,000 | -873,700 | -1.1M | -1.6M |
| Eps Basic | -0.05 | 0.41 | 0.32 | 0.41 | 0.86 | 1.41 | 0.70 | 0.50 | -- |
| Eps Diluted | -0.05 | 0.41 | 0.32 | 0.41 | 0.86 | 1.41 | -- | -- | -- |
| 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 | 348.0M | 130.0M | 280.0M | 224.0M | 313.0M | 111.0M | 74.4M | 55.3M | 41.2M |
| Trading Financial Assets | 130.0M | 596.0M | 541.0M | 601.0M | 550.0M | -- | -- | -- | -- |
| Accounts Receivable | 381.0M | 474.0M | 486.0M | 497.0M | 385.0M | 316.0M | 231.0M | 161.0M | 105.0M |
| Notes Receivable | 11.8M | 19.9M | 57.8M | 92.8M | 100.0M | -- | 31.1M | 3.0M | 4.3M |
| Notes And Accounts Receivable | 393.0M | 494.0M | 544.0M | 590.0M | 485.0M | 316.0M | 262.0M | 164.0M | 109.0M |
| Prepayments | 6.1M | 10.2M | 9.7M | 14.1M | 30.3M | 5.1M | 6.2M | 5.7M | 3.4M |
| Inventory | 131.0M | 127.0M | 139.0M | 190.0M | 140.0M | 99.4M | 63.1M | 62.2M | 53.7M |
| Total Current Assets | 1.1B | 1.5B | 1.6B | 1.7B | 1.5B | 622.0M | 414.0M | 298.0M | 220.0M |
| Long Term Equity Investment | 8.7M | 8.6M | 6.4M | 5.0M | 2.1M | 2.1M | 1.9M | 1.3M | 771,900 |
| Fixed Assets | -- | 200.0M | 149.0M | 17.3M | 13.5M | 13.3M | 13.8M | 12.4M | -- |
| Fixed Assets Total | 221.0M | 200.0M | 149.0M | 17.3M | 13.5M | 13.3M | 13.8M | 12.4M | 9.2M |
| Construction In Progress | -- | 14.8M | 19.1M | 75.8M | 34.2M | 10.7M | 1.6M | -- | -- |
| Construction In Progress Total | 898,100 | 14.8M | 19.1M | 75.8M | 34.2M | 10.7M | 1.6M | -- | -- |
| Intangible Assets | 49.1M | 9.8M | 9.5M | 9.8M | 10.0M | 10.0M | 10.1M | 10.0M | 1.5M |
| Long Term Deferred Expenses | 503,600 | 32,700 | 20,900 | 547,200 | 376,500 | 469,900 | 999,600 | 1.8M | 543,700 |
| Total Non Current Assets | 669.0M | 500.0M | 255.0M | 160.0M | 91.9M | 65.8M | 50.3M | 44.5M | 23.7M |
| Total Assets | 1.8B | 2.0B | 1.8B | 1.9B | 1.6B | 688.0M | 464.0M | 342.0M | 244.0M |
| Short Term Borrowings | 31.9M | 13.6M | 10.4M | 31.7M | 26.7M | 23.0M | 19.9M | -- | 15.0M |
| Accounts Payable | 81.5M | 118.0M | 91.2M | 141.0M | 152.0M | 121.0M | 89.1M | 49.8M | 29.0M |
| Advance Receipts | -- | 3,600 | 30,000 | -- | -- | 29.9M | 16.8M | 16.3M | 12.9M |
| Contract Liabilities | 38.4M | 36.9M | 50.4M | 47.8M | 43.6M | -- | -- | -- | -- |
| Total Current Liabilities | 454.0M | 530.0M | 483.0M | 554.0M | 421.0M | 306.0M | 220.0M | 161.0M | 114.0M |
| Long Term Borrowings | 5.1M | 17.6M | 12.5M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 43.7M | 21.3M | 14.8M | 1.1M | -- | -- | -- | 50,000 | 174,200 |
| Total Liabilities | 498.0M | 551.0M | 498.0M | 555.0M | 421.0M | 306.0M | 220.0M | 161.0M | 114.0M |
| Paid In Capital | 254.0M | 252.0M | 252.0M | 180.0M | 120.0M | 90.0M | 90.0M | 90.0M | 30.8M |
| Capital Reserve | 628.0M | 613.0M | 608.0M | 680.0M | 740.0M | 73.5M | 64.7M | 64.7M | -- |
| Surplus Reserve | 65.3M | 65.2M | 55.4M | 47.6M | 37.8M | 22.4M | 9.9M | 2.9M | 12.0M |
| Retained Earnings | 365.0M | 477.0M | 423.0M | 387.0M | 317.0M | 193.0M | 78.9M | 23.0M | 86.2M |
| Minority Equity | 1.4M | 3.4M | 2.9M | 2.8M | 1.8M | -127,000 | 322,400 | 1.2M | 749,800 |
| Equity Attributable | 1.3B | 1.4B | 1.3B | 1.3B | 1.2B | 382.0M | 244.0M | 181.0M | 129.0M |
| Total Equity | 1.3B | 1.4B | 1.3B | 1.3B | 1.2B | 382.0M | 244.0M | 182.0M | 130.0M |
| 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 | 780.0M | 905.0M | 826.0M | 734.0M | 606.0M | 475.0M | 384.0M | 361.0M | 272.0M |
| Tax Refunds Received | 8.4M | 23.8M | 17.4M | 25.3M | 15.6M | 9.4M | 13.0M | 15.1M | 8.0M |
| Total Operating Cash Inflow | 847.0M | 962.0M | 899.0M | 838.0M | 673.0M | 533.0M | 422.0M | 396.0M | 291.0M |
| Cash Paid For Goods | 458.0M | 407.0M | 485.0M | 458.0M | 285.0M | 245.0M | 195.0M | 197.0M | 148.0M |
| Cash Paid To Employees | 245.0M | 232.0M | 196.0M | 177.0M | 134.0M | 106.0M | 102.0M | 95.2M | 72.6M |
| Taxes Paid | 44.2M | 53.6M | 62.2M | 62.1M | 74.6M | 58.2M | 55.2M | 32.9M | 27.0M |
| Total Operating Cash Outflow | 858.0M | 782.0M | 816.0M | 833.0M | 590.0M | 495.0M | 405.0M | 378.0M | 287.0M |
| Operating Cash Flow | -11.3M | 181.0M | 82.2M | 4.4M | 83.6M | 37.4M | 16.9M | 18.0M | 4.1M |
| Total Investing Cash Inflow | 1.5B | 2.8B | 2.7B | 2.4B | 590,000 | 461,500 | 850,400 | 166.0M | 16.5M |
| Total Investing Cash Outflow | 1.1B | 3.1B | 2.8B | 2.5B | 592.0M | 10.3M | 9.3M | 186.0M | 19.4M |
| Investing Cash Flow | 335.0M | -263.0M | -38.4M | -94.0M | -592.0M | -9.9M | -8.4M | -19.8M | -2.8M |
| Cash From Borrowings | 31.6M | 19.4M | 30.1M | 30.1M | 36.7M | 32.1M | 19.9M | -- | 37.0M |
| Dividends And Interest Paid | 100.0M | 38.6M | 36.3M | 24.2M | 15.4M | 11.2M | 11.3M | 39.1M | 37.9M |
| Debt Repayments | 7.1M | 7.1M | 9.3M | -- | 33.0M | 29.9M | -- | 15.0M | 29.0M |
| Total Financing Cash Inflow | 41.7M | 20.8M | 30.1M | 31.3M | 757.0M | 41.0M | 19.9M | 87.2M | 88.2M |
| Total Financing Cash Outflow | 153.0M | 47.8M | 48.0M | 29.0M | 58.9M | 43.0M | 11.3M | 54.1M | 111.0M |
| Financing Cash Flow | -112.0M | -27.0M | -17.9M | 2.3M | 698.0M | -2.0M | 8.6M | 33.1M | -22.7M |
| Net Change In Cash | 213.0M | -108.0M | 30.4M | -88.2M | 191.0M | 25.7M | 16.7M | 29.8M | -19.3M |
| Ending Cash Balance | 333.0M | 120.0M | 228.0M | 198.0M | 286.0M | 94.6M | 69.0M | 52.3M | 22.4M |
| Capex | 48.3M | 65.1M | 54.5M | 57.5M | 30.2M | 10.3M | 8.7M | 18.3M | 4.2M |