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 | 703.0M | 1.2B | 1.3B | 1.2B | 716.0M | 655.0M | 614.0M | 479.0M | 332.0M |
| Revenue Growth % | -42.7% | -3.8% | 3.7% | 71.8% | 9.3% | 6.7% | 28.2% | 44.3% | -- |
| Total Revenue | 703.0M | 1.2B | 1.3B | 1.2B | 716.0M | 655.0M | 614.0M | 479.0M | 332.0M |
| Cost Of Revenue | 424.0M | 630.0M | 681.0M | 680.0M | 390.0M | 373.0M | 380.0M | 285.0M | 200.0M |
| Gross Profit | 279.0M | 597.0M | 595.0M | 550.0M | 326.0M | 282.0M | 234.0M | 194.0M | 132.0M |
| Gross Margin % | 39.7% | 48.7% | 46.6% | 44.7% | 45.5% | 43.1% | 38.1% | 40.5% | 39.8% |
| Total Operating Cost | 694.0M | 1.1B | 1.1B | 1.0B | 575.0M | 550.0M | 538.0M | 424.0M | 284.0M |
| Selling Expenses | 154.0M | 289.0M | 285.0M | 237.0M | 118.0M | 104.0M | 100.0M | 69.6M | 56.2M |
| Admin Expenses | 48.3M | 75.5M | 47.5M | 42.3M | 31.3M | 38.2M | 24.5M | 44.2M | 13.1M |
| Rd Expenses | 45.8M | 64.0M | 60.1M | 55.2M | 31.4M | 31.4M | 26.9M | 18.9M | 13.2M |
| Finance Expenses | 6.4M | -19.0M | -20.3M | -11.5M | -8.2M | -4.9M | -1.3M | 1.9M | -957,100 |
| Operating Income | 29.6M | 203.0M | 233.0M | 239.0M | 164.0M | 109.0M | 82.9M | 62.5M | 39.3M |
| Operating Margin % | 4.2% | 16.5% | 18.3% | 19.4% | 22.9% | 16.6% | 13.5% | 13.0% | 11.8% |
| Non Operating Income | 1.2M | 616,100 | 1.7M | 8.3M | 1.1M | 3.9M | 4.1M | 2.3M | 5.0M |
| Non Operating Expenses | 278,300 | 1.5M | 2.4M | 2.8M | 212,600 | 766,700 | 925,700 | 1.0M | 595,700 |
| Investment Income | 8.1M | 12.8M | 15.8M | 20.0M | 164,800 | 421,900 | 784,900 | 6.4M | -8.7M |
| Fair Value Change Income | 872,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 169,500 | -74,300 | -41,900 | 42,200 | 2,900 | -11,100 | 95,800 | -4,500 | -180,100 |
| Asset Impairment Loss | 4.1M | 314,300 | -499,300 | -25,100 | 414,500 | 150,400 | 319,600 | -2.0M | -1.8M |
| Other Income | 11.4M | 18.6M | 22.2M | 6.2M | 22.8M | 3.9M | 5.6M | 1.1M | -- |
| Income Before Tax | 30.5M | 202.0M | 232.0M | 245.0M | 165.0M | 113.0M | 86.1M | 63.7M | 43.7M |
| Income Tax | 3.9M | 23.3M | 22.5M | 35.1M | 21.1M | 14.2M | 9.9M | 13.3M | 7.3M |
| Net Income | 26.5M | 179.0M | 210.0M | 210.0M | 144.0M | 98.3M | 76.2M | 50.5M | 36.4M |
| Net Margin % | 3.8% | 14.6% | 16.5% | 17.1% | 20.1% | 15.0% | 12.4% | 10.5% | 11.0% |
| Net Income Attributable | 26.5M | 179.0M | 210.0M | 210.0M | 144.0M | 98.3M | 76.2M | 50.0M | 36.5M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | 481,800 | -37,200 |
| Eps Basic | 0.19 | 1.29 | 1.96 | 1.96 | 1.75 | 1.23 | 0.95 | 0.62 | -- |
| Eps Diluted | 0.19 | 1.29 | 1.96 | 1.96 | 1.75 | 1.23 | 0.95 | 0.62 | -- |
| 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 | 926.0M | 1.5B | 1.0B | 961.0M | 839.0M | 283.0M | 220.0M | 227.0M | 169.0M |
| Trading Financial Assets | 261.0M | -- | -- | 280.0M | 200.0M | -- | -- | -- | -- |
| Accounts Receivable | 77.9M | 111.0M | 56.3M | 69.1M | 24.9M | 10.3M | 3.7M | 2.4M | 7.2M |
| Notes Receivable | 591,300 | -- | -- | 1.2M | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 78.5M | 111.0M | 56.3M | 70.3M | 24.9M | 10.3M | 3.7M | 2.4M | 7.2M |
| Prepayments | 8.9M | 15.5M | 20.9M | 26.0M | 16.0M | 9.6M | 9.5M | 12.4M | 4.3M |
| Inventory | 81.6M | 88.2M | 97.8M | 106.0M | 62.3M | 54.9M | 46.3M | 46.9M | 34.0M |
| Total Current Assets | 1.5B | 1.7B | 1.2B | 1.5B | 1.1B | 368.0M | 292.0M | 291.0M | 225.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | 46.5M |
| Fixed Assets | -- | 545.0M | 338.0M | 163.0M | 151.0M | 134.0M | 139.0M | 100.0M | -- |
| Fixed Assets Total | 777.0M | 545.0M | 338.0M | 163.0M | 151.0M | 134.0M | 139.0M | 100.0M | 56.5M |
| Construction In Progress | -- | 12.9M | 107.0M | 58.4M | 9.2M | 7.5M | 4.6M | 1.2M | -- |
| Construction In Progress Total | 8.3M | 12.9M | 107.0M | 58.4M | 9.2M | 7.5M | 4.6M | 1.2M | 3.8M |
| Intangible Assets | 91.9M | 71.3M | 70.3M | 71.1M | 68.2M | 69.6M | 70.7M | 11.3M | 11.4M |
| Long Term Deferred Expenses | 1.1M | 6.5M | 9.2M | 4.3M | -- | 7,700 | 737,900 | 1.5M | 1.8M |
| Total Non Current Assets | 942.0M | 687.0M | 632.0M | 354.0M | 261.0M | 241.0M | 224.0M | 132.0M | 123.0M |
| Total Assets | 2.4B | 2.4B | 1.8B | 1.8B | 1.4B | 609.0M | 515.0M | 422.0M | 347.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 5.0M | -- | 77.9M |
| Accounts Payable | 293.0M | 122.0M | 148.0M | 195.0M | 94.9M | 77.6M | 59.2M | 78.3M | 46.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 72.9M | 108.0M | 88.1M | 29.4M |
| Contract Liabilities | 48.2M | 27.9M | 35.6M | 58.3M | 66.5M | -- | -- | -- | -- |
| Total Current Liabilities | 452.0M | 364.0M | 446.0M | 577.0M | 345.0M | 286.0M | 315.0M | 281.0M | 243.0M |
| Total Non Current Liabilities | 541.0M | 480.0M | 46.1M | 42.7M | 39.6M | 36.9M | 32.5M | -- | -- |
| Total Liabilities | 993.0M | 843.0M | 493.0M | 619.0M | 385.0M | 323.0M | 348.0M | 281.0M | 243.0M |
| Paid In Capital | 138.0M | 107.0M | 107.0M | 108.0M | 107.0M | 80.0M | 80.0M | 80.0M | 80.0M |
| Capital Reserve | 640.0M | 670.0M | 677.0M | 694.0M | 647.0M | 78.8M | 72.1M | 72.1M | -- |
| Surplus Reserve | 54.6M | 54.0M | 54.0M | 54.0M | 30.8M | 16.4M | 7.3M | -- | 4.5M |
| Retained Earnings | 540.0M | 619.0M | 505.0M | 360.0M | 227.0M | 97.5M | 8.2M | -10.7M | 9.3M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | 10.4M |
| Equity Attributable | 1.4B | 1.5B | 1.3B | 1.2B | 1.0B | 286.0M | 168.0M | 141.0M | 93.9M |
| Total Equity | 1.4B | 1.5B | 1.3B | 1.2B | 1.0B | 286.0M | 168.0M | 141.0M | 104.0M |
| 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 | 664.0M | 1.3B | 1.4B | 1.3B | 790.0M | 701.0M | 728.0M | 620.0M | 367.0M |
| Tax Refunds Received | 302,900 | 912,600 | 5.1M | -- | -- | 801,600 | -- | 1.1M | 712,800 |
| Total Operating Cash Inflow | 735.0M | 1.3B | 1.5B | 1.4B | 836.0M | 718.0M | 776.0M | 628.0M | 377.0M |
| Cash Paid For Goods | 381.0M | 626.0M | 765.0M | 592.0M | 351.0M | 348.0M | 366.0M | 277.0M | 195.0M |
| Cash Paid To Employees | 170.0M | 200.0M | 208.0M | 177.0M | 126.0M | 123.0M | 118.0M | 73.6M | 57.0M |
| Taxes Paid | 49.9M | 111.0M | 128.0M | 120.0M | 53.2M | 49.2M | 74.6M | 53.9M | 27.4M |
| Total Operating Cash Outflow | 715.0M | 1.2B | 1.3B | 1.1B | 633.0M | 612.0M | 644.0M | 469.0M | 327.0M |
| Operating Cash Flow | 20.0M | 152.0M | 164.0M | 280.0M | 204.0M | 106.0M | 132.0M | 159.0M | 50.5M |
| Total Investing Cash Inflow | 759.0M | 573.0M | 680.0M | 870.0M | 177,200 | 316,900 | 111.0M | 253.0M | 49.2M |
| Total Investing Cash Outflow | 1.1B | 704.0M | 711.0M | 997.0M | 229.0M | 20.7M | 220.0M | 265.0M | 27.8M |
| Investing Cash Flow | -385.0M | -131.0M | -31.7M | -127.0M | -229.0M | -20.4M | -109.0M | -11.4M | 21.4M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | 5.0M | 26.0M | 106.0M |
| Dividends And Interest Paid | 107.0M | 64.4M | 64.9M | 53.3M | -- | 8,200 | 50.0M | 30.3M | 4.0M |
| Debt Repayments | -- | -- | -- | -- | -- | 5.0M | -- | 104.0M | 106.0M |
| Total Financing Cash Inflow | -- | 518.0M | -- | 42.8M | 649.0M | -- | 5.0M | 53.1M | 317.0M |
| Total Financing Cash Outflow | 159.0M | 88.6M | 87.3M | 57.1M | 52.7M | 5.0M | 50.1M | 157.0M | 302.0M |
| Financing Cash Flow | -159.0M | 429.0M | -87.3M | -14.2M | 597.0M | -5.0M | -45.1M | -104.0M | 15.4M |
| Net Change In Cash | -524.0M | 450.0M | 45.6M | 138.0M | 571.0M | 80.2M | -21.8M | 43.3M | 88.0M |
| Ending Cash Balance | 923.0M | 1.4B | 997.0M | 951.0M | 813.0M | 242.0M | 162.0M | 184.0M | 140.0M |
| Capex | 135.0M | 144.0M | 328.0M | 67.2M | 29.2M | 20.6M | 110.0M | 59.9M | 14.8M |