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 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 231.0M | 155.0M | 148.0M | 241.0M | 230.0M | 213.0M | 222.0M | 170.0M | 138.0M | 123.0M | 106.0M | 98.4M | -- |
| Revenue Growth % | 49.0% | 4.7% | -38.6% | 4.8% | 8.0% | -4.1% | 30.6% | 23.2% | 12.2% | 16.0% | 7.7% | -- | -- |
| Total Revenue | 231.0M | 155.0M | 148.0M | 241.0M | 230.0M | 213.0M | 222.0M | 170.0M | 138.0M | 123.0M | 106.0M | 98.4M | -- |
| Cost Of Revenue | 149.0M | 95.8M | 103.0M | 143.0M | 135.0M | 131.0M | 132.0M | 107.0M | 86.0M | 83.3M | 72.7M | 72.5M | -- |
| Gross Profit | 82.0M | 59.2M | 45.0M | 98.0M | 95.0M | 82.0M | 90.0M | 63.0M | 52.0M | 39.7M | 33.3M | 25.9M | -- |
| Gross Margin % | 35.5% | 38.2% | 30.4% | 40.7% | 41.3% | 38.5% | 40.5% | 37.1% | 37.7% | 32.3% | 31.4% | 26.3% | -- |
| Total Operating Cost | 189.0M | 121.0M | 123.0M | 158.0M | 159.0M | 155.0M | 157.0M | 125.0M | 102.0M | 100.0M | 90.4M | 88.4M | -- |
| Selling Expenses | 2.7M | 1.4M | 749,000 | 1.7M | 1.6M | 2.6M | 2.6M | 1.5M | 995,600 | 1.5M | 757,400 | 519,400 | -- |
| Admin Expenses | 26.8M | 13.4M | 11.1M | 11.0M | 11.0M | 9.9M | 9.4M | 6.6M | 6.4M | 14.5M | 16.6M | 14.2M | -- |
| Rd Expenses | 8.1M | 8.8M | 9.9M | 10.2M | 10.6M | 10.4M | 10.6M | 8.3M | 7.1M | -- | -- | -- | -- |
| Finance Expenses | -7.8M | -7.9M | -9.8M | -9.9M | -2.1M | -933,400 | -877,500 | -393,600 | -198,100 | 688,800 | 1.0M | 1.5M | -- |
| Operating Income | 47.1M | 41.7M | 31.4M | 93.2M | 74.6M | 60.6M | 67.9M | 46.0M | 36.5M | 23.5M | 17.4M | 10.0M | -- |
| Operating Margin % | 20.4% | 26.9% | 21.2% | 38.7% | 32.4% | 28.5% | 30.6% | 27.0% | 26.4% | 19.1% | 16.4% | 10.2% | -- |
| Non Operating Income | 200.00 | 160,800 | 37,400 | 89,900 | 86.00 | -- | -- | -- | 785,300 | 4.5M | 4.2M | 2.3M | -- |
| Non Operating Expenses | 16,500 | 180,200 | 518,900 | 8,900 | 4,000 | 700.00 | 239,200 | 26.00 | -- | -- | 68,000 | 14,400 | -- |
| Investment Income | 3.0M | 6.4M | 5.1M | 5.8M | 2.1M | 2.0M | 2.0M | 1.2M | 337,500 | 404,600 | 2.0M | -- | -- |
| Fair Value Change Income | 19,800 | 32,500 | 733,500 | -- | -- | -- | -- | -- | -- | -8,100 | 8,100 | -- | -- |
| Asset Disposal Income | -- | 26,200 | 256,200 | -17,600 | -- | 163,900 | 165,300 | -- | 223,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 2.7M | 4.5M | 6.3M | 606,700 | -- | 120,500 | 1.6M | 774,900 | 1.5M | 182,500 | -752,300 | -477,100 | -- |
| Other Income | 2.2M | 1.2M | 637,100 | 4.5M | 1.5M | 519,200 | 158,400 | 320,900 | -- | -- | -- | -- | -- |
| Income Before Tax | 47.1M | 41.7M | 30.9M | 93.3M | 74.6M | 60.6M | 67.7M | 46.0M | 37.3M | 28.0M | 21.6M | 12.3M | -- |
| Income Tax | 5.4M | 9.5M | 4.0M | 12.6M | 10.2M | 8.1M | 6.5M | 6.9M | 5.4M | 4.0M | 2.8M | 2.0M | -- |
| Net Income | 41.7M | 32.2M | 26.9M | 80.7M | 64.4M | 52.6M | 61.2M | 39.1M | 31.8M | 24.0M | 18.7M | 10.3M | -- |
| Net Margin % | 18.0% | 20.8% | 18.2% | 33.5% | 28.0% | 24.7% | 27.6% | 23.0% | 23.1% | 19.5% | 17.7% | 10.5% | -- |
| Net Income Attributable | 41.7M | 32.2M | 26.9M | 80.7M | 64.4M | 52.6M | 61.2M | 39.1M | 31.8M | 24.0M | 18.7M | 10.3M | -- |
| Minority Interest | 48.00 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.27 | 0.21 | 0.17 | 0.51 | 0.77 | 0.63 | 0.73 | 0.60 | 0.53 | 0.48 | 0.55 | 0.34 | -- |
| Eps Diluted | 0.27 | 0.21 | 0.17 | 0.51 | 0.77 | -- | 0.73 | 0.60 | 0.53 | 0.48 | 0.55 | -- | -- |
| 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 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 438.0M | 499.0M | 368.0M | 427.0M | 592.0M | 158.0M | 140.0M | 144.0M | 74.2M | 17.6M | 14.5M | 19.0M | 1.9M |
| Trading Financial Assets | 27.0M | 7.6M | 186.0M | 153.0M | -- | -- | -- | -- | -- | -- | 15.9M | -- | -- |
| Accounts Receivable | 81.7M | 41.4M | 72.6M | 82.3M | 75.4M | 34.4M | 48.4M | 25.4M | 29.8M | 27.6M | 24.5M | 30.5M | 39.0M |
| Notes Receivable | 43.1M | 63.2M | 78.3M | 63.8M | 72.0M | 72.9M | 57.0M | 53.2M | 51.3M | 11.6M | 2.0M | 7.4M | 10.0M |
| Notes And Accounts Receivable | 125.0M | 105.0M | 151.0M | 146.0M | 147.0M | 107.0M | 105.0M | 78.6M | 81.2M | 39.2M | 26.5M | 37.8M | 49.0M |
| Prepayments | 806,400 | 1.1M | 939,000 | 1.2M | 3.6M | 4.3M | 2.4M | 2.6M | 1.3M | 2.0M | 676,900 | 2.4M | 15.6M |
| Inventory | 34.5M | 40.9M | 36.9M | 43.0M | 44.4M | 37.5M | 35.1M | 42.4M | 30.9M | 23.6M | 25.2M | 14.7M | 11.8M |
| Total Current Assets | 626.0M | 657.0M | 743.0M | 771.0M | 787.0M | 307.0M | 283.0M | 268.0M | 188.0M | 82.5M | 82.8M | 74.2M | 78.5M |
| Long Term Equity Investment | 14.9M | 15.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 68.1M | 73.5M | 75.1M | 79.2M | 82.4M | 87.0M | 89.8M | -- | 31.7M | 29.5M | 34.9M | 20.7M |
| Fixed Assets Total | 61.5M | 68.1M | 73.5M | 75.1M | 79.2M | 82.4M | 87.0M | 89.8M | 40.2M | 31.7M | 29.5M | 34.9M | 20.7M |
| Construction In Progress | -- | 146.0M | 16.0M | 6.6M | 1.6M | 203,300 | 357,400 | -- | -- | 4.5M | 370,100 | -- | -- |
| Construction In Progress Total | 259.0M | 146.0M | 16.0M | 6.6M | 1.6M | 203,300 | 357,400 | -- | -- | 4.5M | 370,100 | -- | -- |
| Intangible Assets | 40.6M | 41.5M | 42.6M | 43.6M | 8.3M | 9.1M | 9.7M | 9.8M | 2.5M | 2.5M | 2.6M | 2.6M | 2.7M |
| Long Term Deferred Expenses | 1.6M | 1.7M | 2.0M | 434,200 | 413,400 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 419.0M | 308.0M | 184.0M | 158.0M | 105.0M | 106.0M | 105.0M | 105.0M | 43.2M | 38.9M | 32.7M | 37.8M | 23.8M |
| Total Assets | 1.0B | 965.0M | 927.0M | 929.0M | 892.0M | 413.0M | 388.0M | 373.0M | 231.0M | 121.0M | 115.0M | 112.0M | 102.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | 15.0M | 24.0M | 18.8M |
| Accounts Payable | 97.7M | 39.0M | 28.6M | 26.2M | 27.8M | 25.4M | 31.6M | 14.4M | 16.6M | 11.2M | 18.2M | 15.1M | 16.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.9M | 4.4M | 10.5M | 6.4M | 82,400 | 3.3M | 2.7M | 1.8M |
| Contract Liabilities | 2.3M | 10.0M | 854,200 | 1.2M | 807,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 131.0M | 71.8M | 55.1M | 44.9M | 52.2M | 44.6M | 59.7M | 52.0M | 30.8M | 25.5M | 43.3M | 46.2M | 49.7M |
| Total Non Current Liabilities | 10.2M | 11.4M | 6.1M | 6.4M | 3.9M | 4.0M | 4.0M | 7.2M | 270,800 | 420,500 | 707,000 | 4.0M | 1.1M |
| Total Liabilities | 141.0M | 83.2M | 61.1M | 51.3M | 56.1M | 48.6M | 63.8M | 59.2M | 31.1M | 26.0M | 44.0M | 50.2M | 50.8M |
| Paid In Capital | 157.0M | 157.0M | 157.0M | 112.0M | 112.0M | 84.0M | 84.0M | 84.0M | 64.7M | 36.0M | 36.0M | 30.2M | 30.2M |
| Capital Reserve | 541.0M | 524.0M | 524.0M | 569.0M | 569.0M | 190.0M | 190.0M | 190.0M | 78.9M | 29.8M | 29.8M | 90,200 | 90,200 |
| Surplus Reserve | 47.2M | 43.1M | 38.8M | 35.8M | 27.5M | 20.8M | 15.3M | 9.9M | 6.3M | 3.0M | 567,000 | 7.1M | 5.0M |
| Retained Earnings | 172.0M | 157.0M | 145.0M | 161.0M | 127.0M | 69.6M | 35.4M | 29.9M | 49.8M | 26.7M | 5.1M | 24.4M | 16.2M |
| Minority Equity | 500,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 903.0M | 882.0M | 866.0M | 878.0M | 836.0M | 364.0M | 325.0M | 314.0M | 200.0M | 95.5M | 71.5M | 61.8M | 51.5M |
| Total Equity | 903.0M | 882.0M | 866.0M | 878.0M | 836.0M | 364.0M | 325.0M | 314.0M | 200.0M | 95.5M | 71.5M | 61.8M | 51.5M |
| 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 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 231.0M | 215.0M | 147.0M | 207.0M | 144.0M | 166.0M | 159.0M | 133.0M | 75.4M | 54.6M | 70.7M | 74.7M | -- |
| Tax Refunds Received | -- | -- | -- | 2,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 243.0M | 231.0M | 165.0M | 229.0M | 151.0M | 171.0M | 167.0M | 137.0M | 77.6M | 59.3M | 79.2M | 88.2M | -- |
| Cash Paid For Goods | 117.0M | 78.9M | 75.1M | 87.1M | 78.1M | 72.6M | 58.0M | 63.6M | 54.2M | 31.2M | 29.9M | 34.6M | -- |
| Cash Paid To Employees | 28.0M | 21.1M | 23.9M | 26.7M | 21.2M | 21.4M | 20.7M | 10.9M | 12.0M | 10.4M | 12.7M | 12.4M | -- |
| Taxes Paid | 13.2M | 19.9M | 5.5M | 12.1M | 12.5M | 17.5M | 13.5M | 7.0M | 5.2M | 3.6M | 2.3M | 1.7M | -- |
| Total Operating Cash Outflow | 167.0M | 130.0M | 118.0M | 135.0M | 122.0M | 124.0M | 106.0M | 91.0M | 78.2M | 52.5M | 51.1M | 69.6M | -- |
| Operating Cash Flow | 75.7M | 101.0M | 47.1M | 93.5M | 29.2M | 47.0M | 60.9M | 45.7M | -588,000 | 6.8M | 28.1M | 18.6M | -- |
| Total Investing Cash Inflow | 318.0M | 665.0M | 571.0M | 470.0M | 345.0M | 436.0M | 489.0M | 335.0M | 37.6M | 70.3M | 16.3M | -- | -- |
| Total Investing Cash Outflow | 274.0M | 767.0M | 640.0M | 680.0M | 357.0M | 449.0M | 502.0M | 337.0M | 42.1M | 65.4M | 32.9M | 5.2M | -- |
| Investing Cash Flow | 43.6M | -102.0M | -69.0M | -210.0M | -12.3M | -13.0M | -13.4M | -1.6M | -4.4M | 4.9M | -16.6M | -5.2M | -- |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | 15.0M | 24.0M | -- |
| Dividends And Interest Paid | 23.3M | 15.7M | 39.2M | 39.2M | -- | 12.6M | 50.4M | 55.0M | 6.5M | 3.6M | 12.6M | 1.5M | -- |
| Debt Repayments | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | 15.0M | 24.0M | 18.8M | -- |
| Total Financing Cash Inflow | 500,000 | -- | -- | -- | 419.0M | -- | -- | 83.7M | 78.6M | 10.0M | 20.5M | 24.0M | -- |
| Total Financing Cash Outflow | 38.3M | 15.7M | 39.2M | 47.5M | 2.9M | 15.9M | 51.5M | 58.0M | 17.0M | 18.6M | 36.6M | 20.3M | -- |
| Financing Cash Flow | -37.8M | -15.7M | -39.2M | -47.5M | 417.0M | -15.9M | -51.5M | 25.7M | 61.6M | -8.6M | -16.1M | 3.7M | -- |
| Net Change In Cash | 81.6M | -16.8M | -61.2M | -164.0M | 434.0M | 18.0M | -4.0M | 69.7M | 56.6M | 3.1M | -4.6M | 17.2M | -- |
| Ending Cash Balance | 431.0M | 349.0M | 366.0M | 427.0M | 592.0M | 158.0M | 140.0M | 144.0M | 74.2M | 17.6M | 14.5M | 19.0M | -- |
| Capex | 82.8M | 124.0M | 40.3M | 48.6M | 9.5M | 6.6M | 12.1M | 3.4M | 5.6M | 11.4M | 3.1M | 5.2M | -- |