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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 743.0M | 714.0M | 554.0M | 561.0M | 424.0M | 386.0M | 294.0M | 301.0M |
| Revenue Growth % | 4.1% | 28.9% | -1.2% | 32.3% | 9.8% | 31.3% | -2.3% | -- |
| Total Revenue | 743.0M | 714.0M | 554.0M | 561.0M | 424.0M | 386.0M | 294.0M | 301.0M |
| Cost Of Revenue | 584.0M | 550.0M | 440.0M | 446.0M | 298.0M | 264.0M | 207.0M | 199.0M |
| Gross Profit | 159.0M | 164.0M | 114.0M | 115.0M | 126.0M | 122.0M | 87.0M | 102.0M |
| Gross Margin % | 21.4% | 23.0% | 20.6% | 20.5% | 29.7% | 31.6% | 29.6% | 33.9% |
| Total Operating Cost | 738.0M | 660.0M | 498.0M | 508.0M | 350.0M | 309.0M | 242.0M | 240.0M |
| Selling Expenses | 39.7M | 30.0M | 18.2M | 9.2M | 8.5M | 12.6M | 9.5M | 7.5M |
| Admin Expenses | 32.6M | 29.2M | 22.7M | 17.4M | 12.4M | 11.0M | 8.8M | 13.5M |
| Rd Expenses | 36.4M | 39.2M | 24.4M | 26.4M | 17.9M | 17.1M | 13.6M | 11.3M |
| Finance Expenses | 29.7M | -1.2M | -11.8M | 2.5M | 10.9M | -3.4M | -186,000 | 4.9M |
| Operating Income | 13.9M | 58.1M | 70.0M | 59.1M | 79.7M | 79.5M | 44.1M | 71.0M |
| Operating Margin % | 1.9% | 8.1% | 12.6% | 10.5% | 18.8% | 20.6% | 15.0% | 23.6% |
| Non Operating Income | 2.6M | 982,200 | 255,400 | 8.3M | 432,500 | 237,700 | 489,100 | 1.1M |
| Non Operating Expenses | 93,000 | 190,200 | 1.6M | 107,200 | 286,100 | 253,100 | 155,200 | 740,200 |
| Investment Income | 4.4M | -2.8M | 11.0M | 544,900 | 3.8M | -6.7M | -3.9M | 8.9M |
| Fair Value Change Income | 1.7M | 3.4M | -2.5M | 1.1M | -- | 5.9M | -5.9M | -- |
| Asset Disposal Income | -137,500 | 6,900 | -132,400 | 45,000 | 10,600 | -19,500 | 110,800 | 32,800 |
| Asset Impairment Loss | 3.3M | 5.2M | 1.8M | 2.2M | 1.0M | 1.5M | 1.3M | 1.1M |
| Other Income | 3.0M | 2.7M | 6.0M | 3.6M | 2.2M | 2.9M | 1.3M | 329,500 |
| Income Before Tax | 16.4M | 58.9M | 68.6M | 67.3M | 79.9M | 79.5M | 44.4M | 71.3M |
| Income Tax | 4.2M | 5.5M | 7.5M | 6.1M | 10.1M | 10.6M | 6.1M | 10.6M |
| Net Income | 12.2M | 53.4M | 61.2M | 61.1M | 69.8M | 68.9M | 38.3M | 60.7M |
| Net Margin % | 1.6% | 7.5% | 11.0% | 10.9% | 16.5% | 17.8% | 13.0% | 20.2% |
| Net Income Attributable | 12.7M | 53.5M | 61.2M | 61.1M | 69.8M | 68.9M | 38.3M | 60.7M |
| Minority Interest | -482,100 | -56,800 | -32,300 | -- | -- | -- | -- | -- |
| Eps Basic | 0.14 | 0.59 | 0.67 | 0.75 | 1.03 | 1.01 | 0.56 | 1.04 |
| Eps Diluted | 0.14 | 0.54 | 0.67 | 0.75 | 1.03 | 1.01 | 0.56 | 1.04 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 202.0M | 430.0M | 390.0M | 123.0M | 58.7M | 58.1M | 66.4M | 146.0M |
| Trading Financial Assets | 214.0M | 82.0M | 36.6M | 1.2M | -- | -- | -- | -- |
| Accounts Receivable | 259.0M | 163.0M | 114.0M | 116.0M | 93.2M | 91.0M | 70.3M | 38.9M |
| Notes Receivable | -- | -- | 160,000 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 259.0M | 163.0M | 114.0M | 116.0M | 93.2M | 91.0M | 70.3M | 38.9M |
| Prepayments | 6.5M | 5.3M | 3.3M | 4.1M | 4.9M | 3.4M | 2.4M | 1.7M |
| Inventory | 349.0M | 258.0M | 240.0M | 187.0M | 135.0M | 108.0M | 95.4M | 73.5M |
| Total Current Assets | 1.0B | 963.0M | 814.0M | 445.0M | 303.0M | 272.0M | 250.0M | 281.0M |
| Fixed Assets | -- | 459.0M | 271.0M | 274.0M | 198.0M | 60.2M | 61.7M | 60.3M |
| Fixed Assets Total | 587.0M | 459.0M | 271.0M | 274.0M | 198.0M | 60.2M | 61.7M | 60.3M |
| Construction In Progress | -- | 91.7M | 132.0M | 24.1M | 44.4M | 75.7M | 15.2M | -- |
| Construction In Progress Total | -- | 91.7M | 132.0M | 24.1M | 44.4M | 75.7M | 15.2M | -- |
| Intangible Assets | 64.8M | 67.0M | 69.0M | 63.3M | 38.9M | 39.9M | 40.8M | 7.2M |
| Long Term Deferred Expenses | 6.7M | 3.7M | 3.4M | 3.4M | 2.7M | 1.4M | 1.4M | 2.0M |
| Total Non Current Assets | 679.0M | 648.0M | 523.0M | 410.0M | 291.0M | 188.0M | 128.0M | 76.3M |
| Total Assets | 1.7B | 1.6B | 1.3B | 855.0M | 594.0M | 460.0M | 378.0M | 357.0M |
| Short Term Borrowings | 200.0M | 122.0M | 91.9M | -- | 15.0M | -- | -- | 2.0M |
| Accounts Payable | 124.0M | 117.0M | 71.9M | 112.0M | 79.6M | 55.6M | 36.6M | 42.5M |
| Advance Receipts | 155,500 | 104,100 | 154,400 | 429,300 | 34,800 | 8.1M | 8.1M | 9.0M |
| Contract Liabilities | 22.5M | 12.1M | 12.0M | 15.6M | 11.8M | -- | -- | -- |
| Total Current Liabilities | 590.0M | 443.0M | 241.0M | 156.0M | 134.0M | 77.6M | 64.2M | 76.4M |
| Long Term Borrowings | -- | -- | -- | -- | 4.0M | -- | -- | -- |
| Total Non Current Liabilities | 257.0M | 330.0M | 305.0M | 19.4M | 12.4M | 4.6M | 4.3M | 3.4M |
| Total Liabilities | 848.0M | 773.0M | 546.0M | 175.0M | 146.0M | 82.1M | 68.5M | 79.8M |
| Paid In Capital | 95.9M | 90.8M | 90.8M | 90.8M | 68.1M | 68.1M | 68.1M | 68.1M |
| Capital Reserve | 375.0M | 279.0M | 279.0M | 279.0M | 131.0M | 131.0M | 131.0M | 131.0M |
| Surplus Reserve | 46.4M | 43.7M | 37.8M | 31.9M | 25.8M | 18.7M | 11.8M | 7.6M |
| Retained Earnings | 371.0M | 368.0M | 327.0M | 278.0M | 223.0M | 160.0M | 97.8M | 70.6M |
| Minority Equity | -614,700 | -132,600 | -75,800 | -- | -- | -- | -- | -- |
| Equity Attributable | 881.0M | 838.0M | 791.0M | 680.0M | 447.0M | 378.0M | 309.0M | 277.0M |
| Total Equity | 880.0M | 838.0M | 791.0M | 680.0M | 447.0M | 378.0M | 309.0M | 277.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 684.0M | 690.0M | 566.0M | 551.0M | 432.0M | 370.0M | 264.0M | 291.0M |
| Tax Refunds Received | 57.7M | 63.7M | 59.3M | 61.6M | 44.4M | 36.9M | 31.6M | 31.4M |
| Total Operating Cash Inflow | 787.0M | 787.0M | 648.0M | 647.0M | 482.0M | 412.0M | 312.0M | 325.0M |
| Cash Paid For Goods | 506.0M | 415.0M | 454.0M | 481.0M | 300.0M | 261.0M | 249.0M | 189.0M |
| Cash Paid To Employees | 141.0M | 118.0M | 88.2M | 74.6M | 58.5M | 50.3M | 41.7M | 37.1M |
| Taxes Paid | 11.7M | 4.5M | 13.6M | 11.8M | 17.3M | 9.9M | 14.0M | 13.4M |
| Total Operating Cash Outflow | 728.0M | 606.0M | 595.0M | 604.0M | 399.0M | 340.0M | 319.0M | 267.0M |
| Operating Cash Flow | 59.0M | 181.0M | 52.3M | 43.8M | 83.4M | 72.3M | -6.8M | 58.2M |
| Total Investing Cash Inflow | 95.9M | 94.5M | 30.5M | 4.5M | 11.8M | 53.2M | 230.0M | 65.3M |
| Total Investing Cash Outflow | 314.0M | 261.0M | 241.0M | 127.0M | 113.0M | 136.0M | 282.0M | 65.5M |
| Investing Cash Flow | -219.0M | -166.0M | -210.0M | -123.0M | -101.0M | -82.6M | -51.6M | -236,100 |
| Cash From Borrowings | 246.0M | 270.0M | 672.0M | 31.9M | 19.0M | -- | 35.0M | 21.8M |
| Dividends And Interest Paid | 14.0M | 13.3M | 10.6M | 635,200 | 221,000 | 925,000 | 6.1M | 27,500 |
| Debt Repayments | 243.0M | 241.0M | 245.0M | 50.9M | -- | -- | 37.0M | 19.8M |
| Total Financing Cash Inflow | 259.0M | 270.0M | 672.0M | 222.0M | 19.0M | -- | 35.4M | 78.4M |
| Total Financing Cash Outflow | 318.0M | 255.0M | 262.0M | 71.0M | 2.4M | 1.5M | 44.2M | 20.5M |
| Financing Cash Flow | -59.3M | 14.8M | 410.0M | 151.0M | 16.6M | -1.5M | -8.8M | 57.9M |
| Net Change In Cash | -217.0M | 28.1M | 268.0M | 68.3M | -11.9M | -8.3M | -67.2M | 111.0M |
| Ending Cash Balance | 193.0M | 410.0M | 382.0M | 114.0M | 46.2M | 58.1M | 66.4M | 134.0M |
| Capex | 104.0M | 124.0M | 184.0M | 107.0M | 110.0M | 76.2M | 65.8M | 13.9M |