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 |
|---|---|---|---|---|---|
| Revenue | 2.4B | 1.9B | 1.6B | 1.3B | 809.0M |
| Revenue Growth % | 22.6% | 19.4% | 28.5% | 54.9% | -- |
| Total Revenue | 2.4B | 1.9B | 1.6B | 1.3B | 809.0M |
| Cost Of Revenue | 2.0B | 1.6B | 1.3B | 1.0B | 581.0M |
| Gross Profit | 315.0M | 281.0M | 267.0M | 251.0M | 228.0M |
| Gross Margin % | 13.4% | 14.6% | 16.6% | 20.0% | 28.2% |
| Total Operating Cost | 2.3B | 1.8B | 1.5B | 1.2B | 737.0M |
| Selling Expenses | 137.0M | 121.0M | 125.0M | 108.0M | 107.0M |
| Admin Expenses | 68.0M | 66.0M | 61.6M | 56.0M | 38.8M |
| Rd Expenses | 1.6M | 1.0M | 859,400 | 776,600 | 1.0M |
| Finance Expenses | -10.6M | -7.7M | 1.2M | -14,400 | 64,000 |
| Operating Income | 113.0M | 103.0M | 66.3M | 82.2M | 81.4M |
| Operating Margin % | 4.8% | 5.4% | 4.1% | 6.6% | 10.1% |
| Non Operating Income | 4.0M | 38,500 | 168,300 | 7.4M | 65,900 |
| Non Operating Expenses | 668,300 | 5.6M | 496,900 | 146,100 | 248,800 |
| Investment Income | 1.5M | 448,200 | 315,300 | 1.0M | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 97,700 | 202,500 | 12,600 | -- | -- |
| Asset Impairment Loss | 6.7M | 1.5M | 725,300 | 124,700 | 663,500 |
| Other Income | 14.5M | 15.6M | 3.6M | 5.0M | 10.1M |
| Income Before Tax | 117.0M | 97.1M | 66.0M | 89.5M | 81.3M |
| Income Tax | 19.7M | 17.4M | 12.6M | 19.2M | 17.6M |
| Net Income | 96.9M | 79.7M | 53.4M | 70.3M | 63.6M |
| Net Margin % | 4.1% | 4.1% | 3.3% | 5.6% | 7.9% |
| Net Income Attributable | 96.1M | 80.1M | 54.3M | 70.3M | 63.6M |
| Minority Interest | 789,600 | -341,000 | -911,200 | -- | -- |
| Eps Basic | 0.37 | 0.35 | 0.27 | 0.36 | 0.42 |
| Eps Diluted | 0.37 | 0.35 | 0.27 | 0.36 | 0.42 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 720.0M | 943.0M | 211.0M | 225.0M | 181.0M |
| Trading Financial Assets | 250.0M | 30.0M | 13.5M | -- | -- |
| Accounts Receivable | 52.9M | 52.8M | 37.5M | 60.2M | 38.8M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 52.9M | 52.8M | 37.5M | 60.2M | 38.8M |
| Prepayments | 4.1M | 2.5M | 8.3M | 1.9M | 8.8M |
| Inventory | 532.0M | 519.0M | 448.0M | 442.0M | 338.0M |
| Total Current Assets | 1.6B | 1.6B | 768.0M | 737.0M | 571.0M |
| Fixed Assets | -- | 80.2M | 75.1M | 29.0M | 27.7M |
| Fixed Assets Total | 78.0M | 80.2M | 75.1M | 29.0M | 27.7M |
| Construction In Progress | -- | -- | 144,100 | -- | -- |
| Construction In Progress Total | -- | -- | 144,100 | -- | -- |
| Intangible Assets | 465,700 | 639,400 | 1.5M | 2.3M | 2.6M |
| Long Term Deferred Expenses | 7.6M | 5.2M | 2.5M | 5.6M | 3.4M |
| Total Non Current Assets | 220.0M | 104.0M | 103.0M | 113.0M | 35.7M |
| Total Assets | 1.8B | 1.7B | 871.0M | 850.0M | 606.0M |
| Short Term Borrowings | 95.0M | 50.0M | -- | -- | -- |
| Accounts Payable | 17.3M | 21.5M | 16.4M | 37.0M | 26.2M |
| Advance Receipts | 4.0M | 4.5M | 1.2M | 1.8M | 1.3M |
| Contract Liabilities | 2.1M | 1.8M | 1.1M | 1.5M | 763,700 |
| Total Current Liabilities | 180.0M | 130.0M | 56.3M | 82.8M | 67.4M |
| Total Non Current Liabilities | 11.7M | 6.9M | 4.9M | 4.5M | 18,000 |
| Total Liabilities | 192.0M | 137.0M | 61.3M | 87.3M | 67.4M |
| Paid In Capital | 262.0M | 262.0M | 205.0M | 204.0M | 153.0M |
| Capital Reserve | 778.0M | 780.0M | 153.0M | 139.0M | 17.9M |
| Surplus Reserve | 42.8M | 28.6M | 26.9M | 25.2M | 21.0M |
| Retained Earnings | 531.0M | 481.0M | 424.0M | 394.0M | 347.0M |
| Minority Equity | 2.8M | 2.0M | 588,800 | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 809.0M | 762.0M | 539.0M |
| Total Equity | 1.6B | 1.6B | 810.0M | 762.0M | 539.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 2.5B | 2.1B | 1.8B | 1.3B | 837.0M |
| Tax Refunds Received | 3.4M | 878,500 | 184,300 | -- | -- |
| Total Operating Cash Inflow | 2.5B | 2.1B | 1.8B | 1.3B | 851.0M |
| Cash Paid For Goods | 2.2B | 1.8B | 1.5B | 1.2B | 579.0M |
| Cash Paid To Employees | 111.0M | 97.1M | 103.0M | 91.0M | 76.9M |
| Taxes Paid | 45.0M | 36.4M | 105.0M | 51.9M | 48.1M |
| Total Operating Cash Outflow | 2.4B | 2.1B | 1.7B | 1.3B | 766.0M |
| Operating Cash Flow | 111.0M | 50.9M | 34.5M | -30.2M | 84.8M |
| Total Investing Cash Inflow | 2.0B | 231.0M | 142.0M | 246.0M | 18,700 |
| Total Investing Cash Outflow | 2.5B | 254.0M | 196.0M | 312.0M | 6.1M |
| Investing Cash Flow | -494.0M | -22.8M | -54.3M | -65.5M | -6.1M |
| Cash From Borrowings | 724.0M | 449.0M | 114.0M | -- | -- |
| Dividends And Interest Paid | 33.7M | 22.0M | 21.6M | 19.4M | -- |
| Debt Repayments | 679.0M | 399.0M | 114.0M | -- | -- |
| Total Financing Cash Inflow | 725.0M | 1.1B | 121.0M | 197.0M | -- |
| Total Financing Cash Outflow | 734.0M | 436.0M | 151.0M | 56.8M | 1.7M |
| Financing Cash Flow | -8.8M | 699.0M | -29.5M | 140.0M | -1.7M |
| Net Change In Cash | -392.0M | 727.0M | -49.3M | 44.2M | 77.0M |
| Ending Cash Balance | 511.0M | 903.0M | 176.0M | 225.0M | 181.0M |
| Capex | 8.8M | 7.7M | 6.9M | 67.9M | 6.1M |