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 | 2.0B | 1.3B | 992.0M | 745.0M | 536.0M | 465.0M | 421.0M | 426.0M | 421.0M |
| Revenue Growth % | 54.0% | 29.0% | 33.2% | 39.0% | 15.3% | 10.5% | -1.2% | 1.2% | -- |
| Total Revenue | 2.0B | 1.3B | 992.0M | 745.0M | 536.0M | 465.0M | 421.0M | 426.0M | 421.0M |
| Cost Of Revenue | 1.4B | 879.0M | 710.0M | 498.0M | 351.0M | 292.0M | 276.0M | 283.0M | 271.0M |
| Gross Profit | 566.0M | 401.0M | 282.0M | 247.0M | 185.0M | 173.0M | 145.0M | 143.0M | 150.0M |
| Gross Margin % | 28.7% | 31.3% | 28.4% | 33.2% | 34.5% | 37.2% | 34.4% | 33.6% | 35.6% |
| Total Operating Cost | 1.7B | 1.1B | 871.0M | 625.0M | 438.0M | 372.0M | 361.0M | 370.0M | 353.0M |
| Selling Expenses | 34.6M | 24.5M | 28.1M | 25.2M | 19.3M | 24.6M | 22.4M | 23.0M | 21.0M |
| Admin Expenses | 73.7M | 56.0M | 59.8M | 52.3M | 30.0M | 23.2M | 25.9M | 31.7M | 33.3M |
| Rd Expenses | 97.8M | 67.3M | 56.1M | 39.8M | 26.4M | 20.0M | 20.7M | 22.5M | 20.2M |
| Finance Expenses | 15.8M | 8.7M | 2.1M | 1.1M | 1.8M | 2.4M | 4.7M | 5.1M | 1.2M |
| Operating Income | 293.0M | 224.0M | 122.0M | 126.0M | 103.0M | 92.7M | 72.9M | 57.6M | 67.4M |
| Operating Margin % | 14.9% | 17.5% | 12.3% | 16.9% | 19.2% | 19.9% | 17.3% | 13.5% | 16.0% |
| Non Operating Income | 370,600 | 336,800 | 7.00 | 7,700 | 25.00 | 1,400 | 155,100 | 1.0M | 1.8M |
| Non Operating Expenses | 1.4M | 2.2M | 845,300 | 2.1M | 587,400 | 327,400 | 432,300 | 590,200 | 451,500 |
| Investment Income | -3.5M | -2.9M | -1.9M | 1.1M | -965,500 | -1.0M | -- | 41,500 | -- |
| Fair Value Change Income | -108,600 | -220,600 | -496,300 | 499,100 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 232,300 | 26,000 | -443,800 | -116,500 | -6,400 | -171,200 | -21,000 | -10,500 | -364,200 |
| Asset Impairment Loss | 11.7M | 7.9M | 2.7M | 2.8M | 535,400 | 2.9M | 7.3M | 942,900 | 2.7M |
| Other Income | 21.2M | 13.3M | 3.6M | 5.4M | 6.6M | 1.3M | 13.3M | 1.2M | -- |
| Income Before Tax | 292.0M | 222.0M | 121.0M | 124.0M | 103.0M | 92.4M | 72.6M | 58.1M | 68.8M |
| Income Tax | 31.7M | 24.3M | 3.1M | 13.0M | 12.6M | 11.8M | 9.1M | 8.0M | 10.7M |
| Net Income | 260.0M | 198.0M | 118.0M | 111.0M | 90.0M | 80.6M | 63.5M | 50.1M | 58.0M |
| Net Margin % | 13.2% | 15.5% | 11.9% | 14.9% | 16.8% | 17.3% | 15.1% | 11.8% | 13.8% |
| Net Income Attributable | 260.0M | 198.0M | 118.0M | 111.0M | 90.0M | 80.6M | 63.5M | 50.1M | 58.0M |
| Eps Basic | 1.15 | 0.88 | 0.52 | 0.49 | 0.74 | 1.07 | 0.85 | 0.67 | 1.33 |
| Eps Diluted | 1.14 | 0.87 | 0.52 | 0.49 | 0.74 | 1.07 | 0.85 | 0.67 | 1.33 |
| 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 | 240.0M | 109.0M | 108.0M | 105.0M | 124.0M | 25.6M | 22.7M | 36.2M | 21.0M |
| Trading Financial Assets | 405,100 | 513,700 | 734,300 | 61.6M | 80.0M | -- | -- | -- | -- |
| Accounts Receivable | 1.0B | 650.0M | 411.0M | 278.0M | 231.0M | 162.0M | 146.0M | 117.0M | 118.0M |
| Notes Receivable | -- | 2.3M | -- | -- | -- | -- | 45.9M | 79.9M | 73.8M |
| Notes And Accounts Receivable | 1.0B | 653.0M | 411.0M | 278.0M | 231.0M | 162.0M | 192.0M | 196.0M | 192.0M |
| Prepayments | 19.1M | 32.5M | 7.1M | 23.6M | 12.9M | 12.9M | 4.4M | 8.9M | 14.2M |
| Inventory | 335.0M | 249.0M | 238.0M | 148.0M | 96.7M | 91.0M | 80.9M | 73.7M | 58.2M |
| Total Current Assets | 1.7B | 1.1B | 880.0M | 671.0M | 632.0M | 355.0M | 302.0M | 320.0M | 290.0M |
| Fixed Assets | -- | 595.0M | 431.0M | 212.0M | 151.0M | 139.0M | 137.0M | 116.0M | -- |
| Fixed Assets Total | 722.0M | 595.0M | 431.0M | 212.0M | 151.0M | 139.0M | 137.0M | 116.0M | 111.0M |
| Construction In Progress | -- | 121.0M | 115.0M | 98.2M | 34.9M | 10.9M | 6.6M | 11.9M | -- |
| Construction In Progress Total | 362.0M | 121.0M | 115.0M | 98.2M | 34.9M | 10.9M | 6.6M | 11.9M | 3.7M |
| Intangible Assets | 236.0M | 94.8M | 75.3M | 67.9M | 38.8M | 37.0M | 38.2M | 38.8M | 28.9M |
| Long Term Deferred Expenses | 31.7M | 22.5M | 18.6M | 11.1M | 8.4M | 6.6M | 7.3M | 4.8M | 4.0M |
| Total Non Current Assets | 1.4B | 887.0M | 666.0M | 415.0M | 253.0M | 198.0M | 192.0M | 175.0M | 149.0M |
| Total Assets | 3.1B | 2.0B | 1.5B | 1.1B | 885.0M | 553.0M | 495.0M | 495.0M | 439.0M |
| Short Term Borrowings | 275.0M | 74.1M | 210.0M | 102.0M | -- | 50.9M | 59.3M | 55.3M | 20.0M |
| Accounts Payable | 393.0M | 258.0M | 249.0M | 133.0M | 98.8M | 70.6M | 55.0M | 66.4M | 64.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.4M | 74,600 | 115,300 | 1.0M |
| Contract Liabilities | 5.8M | 1.3M | 1.5M | 1.5M | 2.1M | -- | -- | -- | -- |
| Total Current Liabilities | 1.1B | 524.0M | 537.0M | 297.0M | 163.0M | 181.0M | 169.0M | 202.0M | 197.0M |
| Long Term Borrowings | 322.0M | 353.0M | 102.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 718.0M | 393.0M | 136.0M | 17.4M | 11.0M | 7.5M | 5.1M | 2.5M | 1.9M |
| Total Liabilities | 1.8B | 917.0M | 673.0M | 314.0M | 174.0M | 188.0M | 174.0M | 205.0M | 199.0M |
| Paid In Capital | 226.0M | 226.0M | 225.0M | 150.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 306.0M | 293.0M | 277.0M | 339.0M | 389.0M | 133.0M | 133.0M | 133.0M | 133.0M |
| Surplus Reserve | 100.0M | 73.1M | 53.3M | 41.4M | 30.2M | 21.2M | 13.1M | 6.6M | 1.6M |
| Retained Earnings | 662.0M | 473.0M | 318.0M | 242.0M | 192.0M | 136.0M | 99.2M | 75.3M | 30.3M |
| Equity Attributable | 1.3B | 1.1B | 873.0M | 772.0M | 711.0M | 365.0M | 320.0M | 290.0M | 240.0M |
| Total Equity | 1.3B | 1.1B | 873.0M | 772.0M | 711.0M | 365.0M | 320.0M | 290.0M | 240.0M |
| 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 | 1.7B | 1.1B | 857.0M | 701.0M | 440.0M | 385.0M | 375.0M | 380.0M | 340.0M |
| Tax Refunds Received | -- | 4.7M | 900,700 | -- | 6,000 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.7B | 1.1B | 874.0M | 707.0M | 450.0M | 388.0M | 395.0M | 393.0M | 345.0M |
| Cash Paid For Goods | 1.2B | 671.0M | 565.0M | 386.0M | 260.0M | 171.0M | 181.0M | 191.0M | 146.0M |
| Cash Paid To Employees | 218.0M | 194.0M | 169.0M | 128.0M | 78.7M | 72.4M | 72.5M | 68.2M | 60.3M |
| Taxes Paid | 91.7M | 45.5M | 19.6M | 27.0M | 18.1M | 21.8M | 23.3M | 32.9M | 63.2M |
| Total Operating Cash Outflow | 1.5B | 973.0M | 812.0M | 602.0M | 394.0M | 306.0M | 316.0M | 347.0M | 328.0M |
| Operating Cash Flow | 140.0M | 163.0M | 61.3M | 105.0M | 55.5M | 82.0M | 78.8M | 46.0M | 16.8M |
| Total Investing Cash Inflow | 1.8M | 16.4M | 141.0M | 571.0M | 98.6M | 13.4M | 204,200 | 2.6M | 353,700 |
| Total Investing Cash Outflow | 621.0M | 316.0M | 365.0M | 748.0M | 260.0M | 44.6M | 42.9M | 37.1M | 37.1M |
| Investing Cash Flow | -619.0M | -300.0M | -224.0M | -177.0M | -161.0M | -31.2M | -42.7M | -34.5M | -36.8M |
| Cash From Borrowings | 973.0M | 506.0M | 402.0M | 181.0M | 87.7M | 63.8M | 81.3M | 102.0M | 41.0M |
| Dividends And Interest Paid | 61.1M | 34.7M | 35.9M | 57.0M | 22.5M | 38.7M | 48.2M | 29.3M | 48.8M |
| Debt Repayments | 319.0M | 352.0M | 191.0M | 79.0M | 139.0M | 72.3M | 77.3M | 66.8M | 45.0M |
| Total Financing Cash Inflow | 981.0M | 513.0M | 402.0M | 181.0M | 392.0M | 63.8M | 81.3M | 102.0M | 110.0M |
| Total Financing Cash Outflow | 403.0M | 406.0M | 287.0M | 137.0M | 186.0M | 111.0M | 126.0M | 96.1M | 93.8M |
| Financing Cash Flow | 578.0M | 107.0M | 115.0M | 43.9M | 206.0M | -47.2M | -44.2M | 5.9M | 16.4M |
| Net Change In Cash | 98.6M | -29.4M | -48.7M | -28.3M | 100.0M | 3.6M | -8.1M | 17.5M | -3.5M |
| Ending Cash Balance | 112.0M | 13.5M | 42.9M | 91.6M | 120.0M | 19.4M | 15.7M | 23.8M | 6.3M |
| Capex | 621.0M | 291.0M | 287.0M | 212.0M | 71.9M | 31.6M | 42.9M | 37.1M | 34.6M |