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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 664.0M | 655.0M | 564.0M | 484.0M | 381.0M | 321.0M | 242.0M | 206.0M | 154.0M | 126.0M | 99.2M |
| Revenue Growth % | 1.4% | 16.1% | 16.5% | 27.0% | 18.7% | 32.6% | 17.5% | 33.8% | 22.2% | 27.0% | -- |
| Total Revenue | 664.0M | 655.0M | 564.0M | 484.0M | 381.0M | 321.0M | 242.0M | 206.0M | 154.0M | 126.0M | 99.2M |
| Cost Of Revenue | 388.0M | 383.0M | 330.0M | 266.0M | 202.0M | 166.0M | 116.0M | 95.8M | 67.5M | 55.0M | 43.1M |
| Gross Profit | 276.0M | 272.0M | 234.0M | 218.0M | 179.0M | 155.0M | 126.0M | 110.2M | 86.5M | 71.0M | 56.1M |
| Gross Margin % | 41.6% | 41.5% | 41.5% | 45.0% | 47.0% | 48.3% | 52.1% | 53.5% | 56.2% | 56.3% | 56.6% |
| Total Operating Cost | 603.0M | 579.0M | 508.0M | 413.0M | 315.0M | 260.0M | 194.0M | 165.0M | 126.0M | 111.0M | 77.4M |
| Selling Expenses | 89.6M | 83.7M | 73.8M | 63.1M | 46.7M | 42.3M | 33.8M | 28.9M | 24.0M | 12.9M | 9.2M |
| Admin Expenses | 40.4M | 36.0M | 29.9M | 27.7M | 24.3M | 22.1M | 22.2M | 20.6M | 20.1M | 39.2M | 23.1M |
| Rd Expenses | 57.0M | 56.9M | 46.8M | 38.1M | 24.8M | 18.9M | 15.3M | 13.4M | 11.0M | -- | -- |
| Finance Expenses | -918,300 | -1.0M | -66,400 | -580,200 | 647,100 | 438,900 | -90,100 | 228,300 | 169,200 | -1,000 | 69,900 |
| Operating Income | 89.1M | 102.0M | 87.8M | 99.0M | 80.8M | 74.0M | 60.6M | 54.3M | 28.1M | 15.4M | 22.1M |
| Operating Margin % | 13.4% | 15.6% | 15.6% | 20.5% | 21.2% | 23.1% | 25.0% | 26.3% | 18.3% | 12.2% | 22.3% |
| Non Operating Income | 380,600 | 136,300 | 38,400 | 1.5M | 12,700 | 1.7M | 1.6M | 3.4M | 12.0M | 9.9M | 9.0M |
| Non Operating Expenses | 9,200 | 513,300 | 1,000 | 532,800 | 157,000 | 16,600 | 7,400 | 5,100 | 1,300 | 6,000 | 112,500 |
| Investment Income | 185,700 | 835,300 | 3.8M | 8.5M | 1.1M | -23,700 | 31,000 | -71,900 | 56,700 | 339,400 | 343,300 |
| Fair Value Change Income | 596,500 | 1.7M | 2.3M | 630,700 | 915,700 | 48,400 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 38,700 | 82,300 | 50,400 | 73,300 | 29,200 | -- | 71,900 | 3,200 | 102,700 | -1,900 | -- |
| Asset Impairment Loss | 2.5M | 4.8M | 2.3M | 612,800 | -- | -- | 3.4M | 2.4M | 1.6M | 1.8M | 464,500 |
| Other Income | 27.3M | 23.0M | 25.1M | 18.2M | 13.1M | 13.5M | 12.4M | 13.1M | -- | -- | -- |
| Income Before Tax | 89.4M | 101.0M | 87.9M | 100.0M | 80.6M | 75.7M | 62.2M | 57.7M | 40.1M | 25.4M | 31.0M |
| Income Tax | 8.7M | 8.6M | 6.9M | 10.2M | 10.8M | 10.7M | 9.5M | 8.9M | 7.0M | 6.1M | 4.8M |
| Net Income | 80.8M | 92.9M | 81.0M | 89.8M | 69.8M | 65.1M | 52.7M | 48.8M | 33.0M | 19.3M | 26.2M |
| Net Margin % | 12.2% | 14.2% | 14.4% | 18.5% | 18.3% | 20.3% | 21.8% | 23.7% | 21.5% | 15.3% | 26.4% |
| Net Income Attributable | 81.5M | 92.9M | 81.0M | 89.8M | 69.8M | 65.1M | 52.7M | 48.8M | 33.0M | 19.1M | 26.1M |
| Minority Interest | -683,300 | 9,800 | -- | -- | -- | -- | -- | -- | -2,100 | 209,000 | 94,900 |
| Eps Basic | 0.82 | 0.92 | 1.19 | 1.32 | 1.26 | 1.28 | 1.03 | 0.96 | 0.65 | 0.42 | -- |
| Eps Diluted | 0.82 | 0.92 | 1.19 | 1.32 | 1.26 | 1.28 | 1.03 | 0.96 | 0.65 | 0.42 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 163.0M | 157.0M | 160.0M | 123.0M | 290.0M | 78.9M | 59.8M | 53.7M | 34.0M | 25.0M | 4.2M |
| Trading Financial Assets | 15.1M | 90.2M | 127.0M | 266.0M | 245.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 410.0M | 334.0M | 307.0M | 276.0M | 229.0M | 171.0M | 118.0M | 78.3M | 64.3M | 56.6M | 36.9M |
| Notes Receivable | 918,600 | 1.0M | 190,000 | 288,600 | 506,900 | 377,700 | 1.0M | -- | -- | -- | 300,000 |
| Notes And Accounts Receivable | 411.0M | 336.0M | 307.0M | 276.0M | 230.0M | 171.0M | 119.0M | 78.3M | 64.3M | 56.6M | 37.2M |
| Prepayments | 2.6M | 1.7M | 3.2M | 2.3M | 1.2M | 270,300 | 1.1M | 675,800 | 1.5M | 1.1M | 453,400 |
| Inventory | 176.0M | 211.0M | 206.0M | 168.0M | 88.0M | 72.2M | 48.2M | 53.0M | 52.5M | 34.4M | 24.6M |
| Total Current Assets | 881.0M | 880.0M | 857.0M | 865.0M | 869.0M | 333.0M | 241.0M | 191.0M | 158.0M | 129.0M | 85.1M |
| Long Term Equity Investment | 30.2M | 25.7M | 27.6M | 27.8M | 1.6M | 1.8M | 2.0M | 2.1M | 2.2M | 2.0M | 1.6M |
| Fixed Assets | -- | 200.0M | 82.0M | 68.2M | 62.0M | 22.0M | 22.9M | 22.6M | -- | 22.2M | 21.9M |
| Fixed Assets Total | 193.0M | 200.0M | 82.0M | 68.2M | 62.0M | 22.0M | 22.9M | 22.6M | 21.8M | 22.2M | 21.9M |
| Construction In Progress | -- | 7.9M | 104.0M | 142.0M | 57.3M | 32.8M | 8.6M | 1.0M | -- | -- | -- |
| Construction In Progress Total | 4.9M | 7.9M | 104.0M | 142.0M | 57.3M | 32.8M | 8.6M | 1.0M | -- | -- | -- |
| Intangible Assets | 18.4M | 19.4M | 26.3M | 27.0M | 27.3M | 20.6M | 20.9M | 21.3M | 21.5M | 114,000 | 118,000 |
| Long Term Deferred Expenses | 17.9M | 18.6M | 10.7M | 1.1M | 895,600 | 750,200 | 842,200 | 1.1M | 702,600 | 739,100 | 875,300 |
| Total Non Current Assets | 411.0M | 411.0M | 374.0M | 279.0M | 163.0M | 89.3M | 58.9M | 51.1M | 49.0M | 27.4M | 25.8M |
| Total Assets | 1.3B | 1.3B | 1.2B | 1.1B | 1.0B | 422.0M | 300.0M | 242.0M | 207.0M | 157.0M | 111.0M |
| Short Term Borrowings | 6.4M | -- | 150,200 | 5.0M | 3.1M | 5.6M | 100,000 | 7.0M | 3.0M | -- | -- |
| Accounts Payable | 152.0M | 152.0M | 153.0M | 151.0M | 117.0M | 80.1M | 45.0M | 25.6M | -- | 18.7M | 10.9M |
| Advance Receipts | 2.9M | 2.6M | 791,700 | -- | -- | 8.5M | 3.9M | 3.0M | 9.6M | 2.9M | 5.6M |
| Contract Liabilities | 22.0M | 29.1M | 41.3M | 24.8M | 12.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 308.0M | 308.0M | 301.0M | 247.0M | 184.0M | 127.0M | 69.9M | 54.6M | 58.8M | 38.1M | 36.4M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 10.3M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | -- | -- | -- | -- | -- | 10.3M | -- | -- | -- | -- | -- |
| Total Liabilities | 308.0M | 308.0M | 301.0M | 247.0M | 184.0M | 137.0M | 69.9M | 54.6M | 58.8M | 38.1M | 36.4M |
| Paid In Capital | 100.0M | 68.0M | 68.0M | 68.0M | 68.0M | 51.0M | 51.0M | 51.0M | 51.0M | 40.6M | 36.0M |
| Capital Reserve | 508.0M | 541.0M | 541.0M | 541.0M | 541.0M | 49.0M | 49.0M | 49.0M | 49.0M | 56.4M | -- |
| Surplus Reserve | 41.6M | 34.0M | 34.0M | 34.0M | 25.6M | 19.9M | 13.6M | 8.4M | 4.0M | 1.2M | 7.5M |
| Retained Earnings | 356.0M | 339.0M | 287.0M | 254.0M | 213.0M | 165.0M | 116.0M | 78.8M | 44.6M | 19.3M | 30.1M |
| Minority Equity | -387,100 | 50,100 | -- | -- | -- | -- | -- | -- | -- | 1.2M | 989,700 |
| Equity Attributable | 984.0M | 982.0M | 930.0M | 897.0M | 848.0M | 284.0M | 230.0M | 187.0M | 149.0M | 118.0M | 73.6M |
| Total Equity | 984.0M | 982.0M | 930.0M | 897.0M | 848.0M | 284.0M | 230.0M | 187.0M | 149.0M | 119.0M | 74.6M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 604.0M | 669.0M | 594.0M | 479.0M | 359.0M | 308.0M | 236.0M | 219.0M | 176.0M | 116.0M | 109.0M |
| Tax Refunds Received | 19.8M | 20.1M | 27.1M | 13.8M | 11.6M | 13.1M | 12.3M | 13.0M | 10.9M | 9.8M | 8.9M |
| Total Operating Cash Inflow | 633.0M | 699.0M | 631.0M | 504.0M | 375.0M | 327.0M | 252.0M | 236.0M | 189.0M | 128.0M | 120.0M |
| Cash Paid For Goods | 330.0M | 388.0M | 364.0M | 313.0M | 203.0M | 165.0M | 97.6M | 103.0M | 83.4M | 55.7M | 50.7M |
| Cash Paid To Employees | 113.0M | 103.0M | 90.1M | 73.9M | 60.8M | 50.5M | 42.4M | 35.0M | 29.1M | 21.5M | 18.7M |
| Taxes Paid | 58.6M | 44.3M | 48.5M | 40.4M | 34.7M | 36.7M | 38.9M | 34.1M | 24.3M | 23.1M | 16.6M |
| Total Operating Cash Outflow | 597.0M | 641.0M | 581.0M | 490.0M | 345.0M | 288.0M | 212.0M | 202.0M | 163.0M | 119.0M | 99.9M |
| Operating Cash Flow | 36.0M | 58.5M | 50.7M | 14.0M | 29.7M | 38.4M | 39.6M | 33.9M | 26.2M | 8.4M | 19.7M |
| Total Investing Cash Inflow | 362.0M | 361.0M | 658.0M | 868.0M | 262.0M | 5.2M | 10.0M | 2.1M | 43.7M | 16.5M | 4.3M |
| Total Investing Cash Outflow | 320.0M | 376.0M | 621.0M | 1.0B | 563.0M | 30.9M | 25.0M | 5.4M | 59.9M | 12.7M | 18.8M |
| Investing Cash Flow | 42.7M | -15.9M | 37.0M | -140.0M | -301.0M | -25.7M | -15.1M | -3.3M | -16.2M | 3.8M | -14.5M |
| Cash From Borrowings | 6.4M | 10.0M | 61.8M | 77.2M | 86.6M | 82.1M | 100,000 | 28.5M | 13.4M | -- | 5.5M |
| Dividends And Interest Paid | 56.9M | 40.9M | 48.8M | 41.3M | 17.2M | 10.7M | 11.2M | 15.5M | 4.5M | 6.6M | 5.7M |
| Debt Repayments | 0.00 | 10.2M | 66.6M | 72.2M | 103.0M | 66.3M | 7.0M | 24.5M | 10.4M | -- | 10.5M |
| Total Financing Cash Inflow | 35.1M | 40.9M | 69.4M | 82.0M | 628.0M | 83.3M | 205,600 | 30.7M | 14.2M | 15.2M | 5.5M |
| Total Financing Cash Outflow | 87.8M | 85.1M | 134.0M | 129.0M | 146.0M | 80.4M | 18.2M | 40.7M | 18.4M | 6.6M | 16.6M |
| Financing Cash Flow | -52.7M | -44.2M | -64.6M | -47.1M | 482.0M | 2.9M | -18.0M | -10.1M | -4.2M | 8.6M | -11.1M |
| Net Change In Cash | 25.9M | -1.6M | 23.2M | -173.0M | 211.0M | 15.6M | 6.5M | 20.5M | 5.8M | 20.8M | -6.0M |
| Ending Cash Balance | 158.0M | 133.0M | 134.0M | 111.0M | 284.0M | 73.3M | 57.7M | 51.2M | 30.7M | 25.0M | 4.2M |
| Capex | 29.6M | 62.0M | 105.0M | 96.9M | 69.3M | 30.9M | 10.4M | 5.4M | 23.1M | 2.3M | 1.2M |