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 | 1.4B | 1.2B | 792.0M | 772.0M | 671.0M | 712.0M | 617.0M | 493.0M | 442.0M |
| Revenue Growth % | 13.9% | 51.1% | 2.6% | 15.1% | -5.8% | 15.4% | 25.2% | 11.5% | -- |
| Total Revenue | 1.4B | 1.2B | 792.0M | 772.0M | 671.0M | 712.0M | 617.0M | 493.0M | 442.0M |
| Cost Of Revenue | 1.1B | 991.0M | 685.0M | 622.0M | 505.0M | 541.0M | 503.0M | 395.0M | 338.0M |
| Gross Profit | 249.0M | 206.0M | 107.0M | 150.0M | 166.0M | 171.0M | 114.0M | 98.0M | 104.0M |
| Gross Margin % | 18.3% | 17.2% | 13.5% | 19.4% | 24.7% | 24.0% | 18.5% | 19.9% | 23.5% |
| Total Operating Cost | 1.2B | 1.1B | 757.0M | 676.0M | 550.0M | 592.0M | 543.0M | 454.0M | 375.0M |
| Selling Expenses | 15.8M | 12.2M | 7.1M | 6.8M | 6.3M | 15.2M | 11.9M | 11.4M | 10.2M |
| Admin Expenses | 61.7M | 50.0M | 34.0M | 23.5M | 17.9M | 17.9M | 14.9M | 36.2M | 14.1M |
| Rd Expenses | 51.9M | 45.8M | 29.2M | 21.6M | 16.9M | 14.5M | 10.6M | 7.0M | 7.7M |
| Finance Expenses | -3.2M | -403,600 | -904,200 | -2.0M | 676,100 | -10,300 | 596,200 | 1.8M | 3.1M |
| Operating Income | 139.0M | 121.0M | 56.9M | 125.0M | 130.0M | 126.0M | 79.3M | 46.0M | 66.5M |
| Operating Margin % | 10.2% | 10.1% | 7.2% | 16.2% | 19.4% | 17.7% | 12.9% | 9.3% | 15.1% |
| Non Operating Income | 215,000 | 45,300 | -- | 5,500 | -- | -- | -- | -- | 3.1M |
| Non Operating Expenses | 1.7M | 666,100 | 510,800 | 520,700 | 237,900 | 96,000 | 85,400 | 529,200 | 726,000 |
| Investment Income | 4.4M | 11.9M | 13.6M | 6.3M | 991,900 | -- | -- | 73,300 | 500,000 |
| Fair Value Change Income | -- | -- | -- | 12.6M | -- | -- | -- | -- | -- |
| Asset Disposal Income | -128,400 | 86,200 | 34,000 | 55,800 | -10,700 | 89,800 | -47,700 | 376,400 | -1.8M |
| Asset Impairment Loss | -478,400 | 1.7M | -888,900 | 1.5M | -- | 120,200 | 501,300 | 523,700 | -514,800 |
| Other Income | 17.7M | 17.6M | 8.8M | 9.2M | 8.0M | 6.2M | 5.7M | 6.6M | -- |
| Income Before Tax | 138.0M | 120.0M | 56.3M | 124.0M | 130.0M | 126.0M | 79.2M | 45.5M | 68.9M |
| Income Tax | 25.6M | 21.5M | 8.9M | 21.2M | 25.3M | 25.2M | 16.1M | 10.6M | 14.2M |
| Net Income | 112.0M | 98.6M | 47.5M | 103.0M | 104.0M | 101.0M | 63.1M | 34.9M | 54.7M |
| Net Margin % | 8.2% | 8.2% | 6.0% | 13.3% | 15.5% | 14.2% | 10.2% | 7.1% | 12.4% |
| Net Income Attributable | 114.0M | 99.5M | 46.9M | 103.0M | 104.0M | 101.0M | 63.1M | 34.9M | 54.7M |
| Minority Interest | -2.1M | -885,400 | 580,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.65 | 0.62 | 0.33 | 0.72 | 0.92 | 1.86 | 1.20 | 0.71 | 1.11 |
| Eps Diluted | 0.64 | 0.62 | 0.33 | 0.72 | 0.92 | 1.86 | 1.20 | 0.71 | 1.11 |
| 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 | 377.0M | 143.0M | 104.0M | 234.0M | 874.0M | 104.0M | 62.4M | 23.5M | 16.0M |
| Trading Financial Assets | 90.9M | 313.0M | 302.0M | 383.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 182.0M | 160.0M | 81.1M | 60.5M | 44.6M | 45.6M | 42.7M | 37.8M | -- |
| Notes Receivable | 1.4M | -- | 3.9M | 10.5M | 13.4M | 3.0M | 70.3M | 61.9M | -- |
| Notes And Accounts Receivable | 183.0M | 160.0M | 85.1M | 71.0M | 58.0M | 48.6M | 113.0M | 99.7M | 77.3M |
| Prepayments | 5.8M | 9.2M | 2.7M | 5.1M | 1.4M | 3.5M | 1.4M | 4.1M | 4.1M |
| Inventory | 196.0M | 178.0M | 124.0M | 113.0M | 96.7M | 79.8M | 72.5M | 61.3M | 49.1M |
| Total Current Assets | 1.1B | 1.0B | 731.0M | 898.0M | 1.1B | 309.0M | 251.0M | 192.0M | 147.0M |
| Long Term Equity Investment | 2.0M | 2.4M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 570.0M | 544.0M | 126.0M | 117.0M | 104.0M | 96.0M | 76.1M | -- |
| Fixed Assets Total | 678.0M | 570.0M | 544.0M | 126.0M | 117.0M | 104.0M | 96.0M | 76.1M | 73.7M |
| Construction In Progress | -- | 143.0M | 114.0M | 314.0M | 63.9M | 18.0M | 1.9M | 5.3M | -- |
| Construction In Progress Total | 78.3M | 143.0M | 114.0M | 314.0M | 63.9M | 18.0M | 1.9M | 5.3M | -- |
| Intangible Assets | 57.6M | 60.2M | 17.7M | 11.7M | 11.0M | 11.2M | 5.2M | 4.0M | 3.4M |
| Long Term Deferred Expenses | 5.8M | 7.9M | 10.3M | 9.3M | 2.2M | 585,100 | 1.3M | 1.2M | 1.8M |
| Total Non Current Assets | 1.1B | 1.0B | 699.0M | 529.0M | 237.0M | 140.0M | 108.0M | 89.9M | 96.7M |
| Total Assets | 2.1B | 2.0B | 1.4B | 1.4B | 1.4B | 448.0M | 359.0M | 282.0M | 243.0M |
| Short Term Borrowings | 11.7M | 20.3M | 10.8M | -- | -- | -- | 12.0M | 16.0M | 15.0M |
| Accounts Payable | 62.6M | 87.1M | 60.7M | 65.5M | 44.5M | 49.8M | 53.1M | 58.0M | -- |
| Advance Receipts | 45,100 | 186,600 | 218,300 | 903,900 | -- | 3.1M | 5.8M | 5.8M | 5.8M |
| Contract Liabilities | 2.5M | 1.6M | 2.0M | 3.3M | 5.0M | -- | -- | -- | -- |
| Total Current Liabilities | 174.0M | 195.0M | 131.0M | 137.0M | 97.2M | 68.3M | 81.5M | 89.4M | 124.0M |
| Long Term Borrowings | 59.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 65.5M | 7.5M | 3.4M | 3.9M | 3.4M | 3.8M | 1.9M | 1.6M | 1.3M |
| Total Liabilities | 240.0M | 203.0M | 134.0M | 141.0M | 101.0M | 72.0M | 83.4M | 90.9M | 125.0M |
| Paid In Capital | 178.0M | 176.0M | 144.0M | 144.0M | 72.0M | 54.0M | 54.0M | 15.5M | 6.5M |
| Capital Reserve | 1.3B | 1.3B | 877.0M | 877.0M | 949.0M | 155.0M | 155.0M | 123.0M | 94.4M |
| Surplus Reserve | 45.8M | 39.6M | 32.2M | 26.5M | 14.9M | 6.7M | 2.2M | 4.8M | 4.1M |
| Retained Earnings | 305.0M | 285.0M | 222.0M | 238.0M | 218.0M | 160.0M | 64.0M | 47.7M | 13.5M |
| Minority Equity | 25.6M | 17.6M | 18.4M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 1.8B | 1.3B | 1.3B | 1.3B | 376.0M | 275.0M | 191.0M | 119.0M |
| Total Equity | 1.9B | 1.8B | 1.3B | 1.3B | 1.3B | 376.0M | 275.0M | 191.0M | 119.0M |
| 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 | 950.0M | 805.0M | 562.0M | 624.0M | 324.0M | 348.0M | 286.0M | 253.0M | 235.0M |
| Tax Refunds Received | -- | 89,700 | 28.6M | 4.0M | 1.2M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 971.0M | 827.0M | 615.0M | 647.0M | 334.0M | 358.0M | 292.0M | 259.0M | 251.0M |
| Cash Paid For Goods | 633.0M | 599.0M | 516.0M | 385.0M | 156.0M | 178.0M | 169.0M | 150.0M | 113.0M |
| Cash Paid To Employees | 112.0M | 94.2M | 79.6M | 64.6M | 45.9M | 38.5M | 33.6M | 31.1M | 22.9M |
| Taxes Paid | 61.3M | 49.8M | 20.9M | 28.3M | 44.3M | 44.6M | 30.7M | 38.4M | 40.3M |
| Total Operating Cash Outflow | 839.0M | 777.0M | 650.0M | 513.0M | 272.0M | 287.0M | 252.0M | 235.0M | 201.0M |
| Operating Cash Flow | 133.0M | 50.6M | -34.9M | 134.0M | 61.5M | 71.4M | 40.0M | 23.2M | 49.3M |
| Total Investing Cash Inflow | 935.0M | 149.0M | 274.0M | 911.0M | 428.0M | 120,500 | -- | 10.8M | 2.7M |
| Total Investing Cash Outflow | 809.0M | 354.0M | 308.0M | 1.6B | 508.0M | 16.1M | 18.5M | 13.9M | 9.9M |
| Investing Cash Flow | 126.0M | -204.0M | -34.6M | -701.0M | -79.9M | -16.0M | -18.5M | -3.0M | -7.3M |
| Cash From Borrowings | 89.5M | 28.0M | 10.8M | -- | -- | -- | 31.0M | 24.0M | 48.0M |
| Dividends And Interest Paid | 88.4M | 28.8M | 57.6M | 76.5M | 33.3M | 465,000 | 910,600 | 2.9M | 2.0M |
| Debt Repayments | 38.2M | 23.2M | 11.8M | -- | -- | 12.0M | 35.0M | 23.0M | 54.0M |
| Total Financing Cash Inflow | 102.0M | 250.0M | 18.6M | -- | 830.0M | -- | 51.4M | 43.6M | 52.0M |
| Total Financing Cash Outflow | 127.0M | 54.2M | 74.2M | 80.6M | 47.5M | 12.5M | 35.9M | 55.9M | 84.5M |
| Financing Cash Flow | -24.6M | 196.0M | -55.5M | -80.6M | 783.0M | -12.5M | 15.5M | -12.3M | -32.5M |
| Net Change In Cash | 235.0M | 45.2M | -122.0M | -648.0M | 763.0M | 43.2M | 37.5M | 7.4M | 9.9M |
| Ending Cash Balance | 377.0M | 142.0M | 97.2M | 219.0M | 867.0M | 104.0M | 60.9M | 23.5M | 16.0M |
| Capex | 101.0M | 67.2M | 123.0M | 337.0M | 80.9M | 16.1M | 18.5M | 13.9M | 9.9M |