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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.0B | 816.0M | 605.0M | 627.0M | 425.0M | 498.0M | 448.0M | 387.0M | 313.0M | 237.0M | 176.0M | 166.0M |
| Revenue Growth % | 24.6% | 34.9% | -3.5% | 47.5% | -14.7% | 11.2% | 15.8% | 23.6% | 32.1% | 34.7% | 6.0% | -- |
| Total Revenue | 1.0B | 816.0M | 605.0M | 627.0M | 425.0M | 498.0M | 448.0M | 387.0M | 313.0M | 237.0M | 176.0M | 166.0M |
| Cost Of Revenue | 713.0M | 584.0M | 463.0M | 453.0M | 307.0M | 341.0M | 309.0M | 267.0M | 229.0M | 165.0M | 141.0M | 125.0M |
| Gross Profit | 304.0M | 232.0M | 142.0M | 174.0M | 118.0M | 157.0M | 139.0M | 120.0M | 84.0M | 72.0M | 35.0M | 41.0M |
| Gross Margin % | 29.9% | 28.4% | 23.5% | 27.8% | 27.8% | 31.5% | 31.0% | 31.0% | 26.8% | 30.4% | 19.9% | 24.7% |
| Total Operating Cost | 917.0M | 747.0M | 678.0M | 573.0M | 373.0M | 432.0M | 406.0M | 350.0M | 283.0M | 226.0M | 182.0M | 172.0M |
| Selling Expenses | 55.2M | 42.9M | 33.0M | 30.0M | 14.7M | 29.0M | 27.5M | 25.8M | 16.5M | 10.7M | 8.1M | 7.9M |
| Admin Expenses | 56.2M | 46.8M | 47.6M | 38.6M | 22.1M | 32.0M | 32.4M | 30.2M | 29.0M | 38.5M | 21.4M | 32.2M |
| Rd Expenses | 31.3M | 27.3M | 24.0M | 17.2M | 12.2M | 15.0M | 23.0M | 19.5M | -- | -- | -- | -- |
| Finance Expenses | 12.9M | 15.1M | 24.8M | 11.9M | 3.1M | 8.3M | 10.3M | 2.8M | 5.6M | 5.8M | 2.6M | 4.6M |
| Operating Income | 102.0M | 69.8M | -70.9M | 56.1M | 58.0M | 66.5M | 36.5M | 40.4M | 30.4M | 11.4M | -5.6M | -6.9M |
| Operating Margin % | 10.0% | 8.6% | -11.7% | 9.0% | 13.6% | 13.3% | 8.2% | 10.4% | 9.7% | 4.8% | -3.2% | -4.2% |
| Non Operating Income | 1.7M | 27,000 | 860,600 | 6.0M | 28,800 | 44,500 | 18,800 | 17,400 | 1.8M | 1.3M | 571,200 | 907,500 |
| Non Operating Expenses | 4.3M | 757,300 | 744,500 | 4.7M | 11.7M | 850,000 | 257,900 | 120,500 | 14,900 | 185,700 | 27,600 | 55,300 |
| Investment Income | 129,600 | -822,300 | 43,800 | -- | -- | -- | -6.6M | -- | 3,071 | 177,500 | 56,600 | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 180,300 | -895,900 |
| Asset Disposal Income | -- | 295,800 | 480,800 | 11,100 | 52,300 | -- | -394,600 | -459,200 | -- | -- | -- | -- |
| Asset Impairment Loss | 29.8M | 11.3M | 54.9M | 10.5M | 580,100 | 2.3M | 2.3M | 2.7M | 619,300 | 4.2M | 7.1M | 1.9M |
| Other Income | 809,400 | 943,000 | 1.8M | 2.2M | 6.3M | 705,900 | 1.5M | 3.9M | -- | -- | -- | -- |
| Income Before Tax | 99.2M | 69.1M | -70.8M | 57.4M | 46.3M | 65.7M | 36.3M | 40.3M | 32.2M | 12.5M | -5.0M | -6.1M |
| Income Tax | 14.5M | 17.2M | 445,600 | 4.9M | 260,300 | 5.9M | 4.9M | 4.2M | 2.9M | 4.0M | -2.3M | -488,600 |
| Net Income | 84.7M | 52.0M | -71.2M | 52.5M | 46.1M | 59.8M | 31.4M | 36.1M | 29.3M | 8.5M | -2.7M | -5.6M |
| Net Margin % | 8.3% | 6.4% | -11.8% | 8.4% | 10.8% | 12.0% | 7.0% | 9.3% | 9.4% | 3.6% | -1.6% | -3.4% |
| Net Income Attributable | 84.7M | 52.0M | -71.2M | 52.5M | 46.1M | 59.8M | 31.4M | 35.7M | 29.3M | 8.5M | -2.7M | -5.6M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | 397,400 | -- | -- | -- | -- |
| Eps Basic | 0.58 | 0.35 | -0.49 | 0.53 | 0.71 | 0.92 | 0.49 | 0.62 | 0.53 | 0.19 | -0.08 | -0.16 |
| Eps Diluted | 0.58 | 0.35 | -0.49 | 0.53 | 0.71 | 0.92 | 0.49 | 0.62 | 0.53 | 0.19 | -0.08 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 169.0M | 159.0M | 78.2M | 125.0M | 45.8M | 48.9M | 22.2M | 77.9M | 43.2M | 37.8M | 11.6M | 5.3M |
| Trading Financial Assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 5.4M | 5.2M |
| Accounts Receivable | 294.0M | 256.0M | 280.0M | 277.0M | 255.0M | 120.0M | 101.0M | 84.8M | 65.3M | 90.7M | 66.3M | 31.9M |
| Notes Receivable | -- | -- | -- | -- | -- | 411,800 | -- | -- | 2.4M | -- | -- | -- |
| Notes And Accounts Receivable | 294.0M | 256.0M | 280.0M | 277.0M | 255.0M | 120.0M | 101.0M | 84.8M | 67.7M | 90.7M | 66.3M | 31.9M |
| Prepayments | 23.4M | 18.2M | 22.5M | 8.0M | 7.0M | 16.1M | 16.1M | 5.4M | 9.1M | 8.9M | 8.6M | 8.2M |
| Inventory | 267.0M | 265.0M | 269.0M | 244.0M | 147.0M | 180.0M | 158.0M | 180.0M | 141.0M | 149.0M | 126.0M | 178.0M |
| Total Current Assets | 789.0M | 728.0M | 693.0M | 695.0M | 481.0M | 396.0M | 333.0M | 379.0M | 277.0M | 296.0M | 227.0M | 249.0M |
| Long Term Equity Investment | 1.1M | -- | -- | -- | -- | -- | -- | -- | -- | 487,300 | -- | -- |
| Fixed Assets | -- | 262.0M | 268.0M | 264.0M | 267.0M | 112.0M | 94.0M | 80.3M | 83.1M | 44.0M | 30.1M | 21.5M |
| Fixed Assets Total | 266.0M | 262.0M | 268.0M | 264.0M | 267.0M | 112.0M | 94.0M | 80.3M | 83.1M | 44.0M | 30.1M | 21.5M |
| Construction In Progress | -- | -- | 649,600 | 623,800 | -- | 111.0M | 16.3M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 15.0M | -- | 649,600 | 623,800 | -- | 111.0M | 16.3M | -- | -- | -- | -- | -- |
| Intangible Assets | 29.8M | 31.8M | 33.7M | 31.0M | 30.6M | 32.5M | 30.4M | 921,300 | 321,100 | 305,600 | 486,100 | 862,800 |
| Long Term Deferred Expenses | 27.6M | 32.1M | 43.7M | 38.9M | 16.2M | 17.9M | 12.2M | 3.5M | 3.4M | 284,900 | 683,700 | 1.1M |
| Total Non Current Assets | 518.0M | 432.0M | 460.0M | 518.0M | 390.0M | 342.0M | 218.0M | 102.0M | 96.4M | 52.2M | 39.9M | 29.8M |
| Total Assets | 1.3B | 1.2B | 1.2B | 1.2B | 871.0M | 738.0M | 551.0M | 480.0M | 373.0M | 348.0M | 267.0M | 279.0M |
| Short Term Borrowings | 40.0M | 30.0M | 95.4M | 19.3M | 76.2M | 49.9M | 28.5M | 43.2M | 44.7M | 49.4M | 39.9M | 67.2M |
| Accounts Payable | 138.0M | 148.0M | 165.0M | 156.0M | 152.0M | 98.5M | 70.8M | 61.8M | 61.2M | 47.0M | 42.6M | 57.6M |
| Advance Receipts | -- | -- | -- | -- | 1.7M | 17.0M | 15.3M | 20.0M | 14.7M | 9.4M | 7.0M | 5.2M |
| Contract Liabilities | 57.3M | 38.4M | 23.2M | 21.2M | 17.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 462.0M | 407.0M | 422.0M | 361.0M | 371.0M | 269.0M | 220.0M | 207.0M | 189.0M | 193.0M | 169.0M | 174.0M |
| Long Term Borrowings | -- | 6.5M | 40.8M | 54.1M | 84.9M | 93.5M | 17.2M | 9.8M | 17.2M | 21.4M | 10.7M | 15.2M |
| Total Non Current Liabilities | 95.7M | 61.5M | 93.9M | 130.0M | 84.9M | 96.2M | 18.5M | 11.3M | 18.9M | 21.4M | 10.7M | 15.2M |
| Total Liabilities | 557.0M | 468.0M | 516.0M | 491.0M | 456.0M | 366.0M | 239.0M | 218.0M | 207.0M | 214.0M | 180.0M | 189.0M |
| Paid In Capital | 147.0M | 147.0M | 113.0M | 86.8M | 65.1M | 65.1M | 65.1M | 63.5M | 54.9M | 54.9M | 35.0M | 35.0M |
| Capital Reserve | 343.0M | 341.0M | 375.0M | 401.0M | 157.0M | 157.0M | 157.0M | 140.0M | 72.4M | 72.7M | 40,900 | 40,900 |
| Surplus Reserve | 41.2M | 32.6M | 26.9M | 24.1M | 17.8M | 14.2M | 10.4M | 6.7M | 3.5M | 613,800 | 6.6M | 6.5M |
| Retained Earnings | 216.0M | 170.0M | 123.0M | 215.0M | 178.0M | 136.0M | 79.9M | 52.2M | 32.6M | 6.2M | 45.2M | 48.0M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | 4.2M | -- | -- | -- |
| Equity Attributable | 749.0M | 691.0M | 638.0M | 723.0M | 416.0M | 372.0M | 312.0M | 262.0M | 161.0M | 134.0M | 87.1M | 89.9M |
| Total Equity | 749.0M | 691.0M | 638.0M | 723.0M | 416.0M | 372.0M | 312.0M | 262.0M | 166.0M | 134.0M | 87.1M | 89.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.1B | 937.0M | 629.0M | 670.0M | 333.0M | 528.0M | 439.0M | 421.0M | 405.0M | 265.0M | 180.0M | 221.0M |
| Tax Refunds Received | 1.1M | 136,300 | 4.8M | 2.6M | 4.1M | 20.2M | 4.3M | -- | -- | 30,400 | 157,900 | 127,500 |
| Total Operating Cash Inflow | 1.2B | 975.0M | 647.0M | 689.0M | 348.0M | 551.0M | 446.0M | 426.0M | 410.0M | 269.0M | 217.0M | 233.0M |
| Cash Paid For Goods | 786.0M | 568.0M | 489.0M | 520.0M | 233.0M | 338.0M | 293.0M | 326.0M | 268.0M | 200.0M | 138.0M | 197.0M |
| Cash Paid To Employees | 100.0M | 85.7M | 78.5M | 62.1M | 37.5M | 48.4M | 44.6M | 42.9M | 23.4M | 15.7M | 14.8M | 21.3M |
| Taxes Paid | 40.2M | 21.6M | 17.4M | 18.6M | 12.2M | 9.9M | 16.0M | 15.6M | 10.6M | 8.3M | 8.2M | 12.8M |
| Total Operating Cash Outflow | 993.0M | 723.0M | 627.0M | 644.0M | 306.0M | 436.0M | 402.0M | 431.0M | 330.0M | 245.0M | 174.0M | 251.0M |
| Operating Cash Flow | 214.0M | 252.0M | 19.8M | 44.8M | 41.3M | 115.0M | 44.0M | -5.0M | 80.3M | 23.6M | 43.2M | -18.0M |
| Total Investing Cash Inflow | 422.0M | 111.0M | 30.9M | 14,600 | 731,400 | 1.2M | 2.1M | 796,100 | 666,700 | 5.6M | 6.4M | -- |
| Total Investing Cash Outflow | 524.0M | 157.0M | 107.0M | 103.0M | 53.1M | 187.0M | 106.0M | 35.6M | 48.5M | 23.4M | 6.2M | 688,800 |
| Investing Cash Flow | -102.0M | -45.6M | -76.3M | -103.0M | -52.4M | -186.0M | -104.0M | -34.9M | -47.8M | -17.7M | 169,600 | -688,800 |
| Cash From Borrowings | 40.0M | 300.0M | 332.0M | 360.0M | 233.0M | 376.0M | 277.0M | 275.0M | 46.8M | 73.8M | 34.4M | 64.4M |
| Dividends And Interest Paid | 31.7M | 5.6M | 22.6M | 8.2M | 10.6M | 6.6M | 3.0M | 3.2M | 4.2M | 3.9M | 4.8M | 4.6M |
| Debt Repayments | 75.3M | 384.0M | 267.0M | 453.0M | 208.0M | 269.0M | 286.0M | 275.0M | 55.7M | 53.5M | 66.3M | 41.4M |
| Total Financing Cash Inflow | 41.5M | 300.0M | 332.0M | 647.0M | 234.0M | 376.0M | 295.0M | 351.0M | 46.8M | 110.0M | 34.4M | 64.4M |
| Total Financing Cash Outflow | 142.0M | 423.0M | 326.0M | 507.0M | 223.0M | 278.0M | 290.0M | 279.0M | 75.2M | 88.6M | 71.2M | 46.0M |
| Financing Cash Flow | -101.0M | -123.0M | 6.2M | 140.0M | 11.0M | 98.6M | 5.3M | 72.6M | -28.4M | 21.2M | -36.7M | 18.4M |
| Net Change In Cash | 6.9M | 80.9M | -46.9M | 79.0M | -2.4M | 26.7M | -55.9M | 34.4M | 5.4M | 26.3M | 6.6M | -357,800 |
| Ending Cash Balance | 162.0M | 155.0M | 74.5M | 121.0M | 42.4M | 44.8M | 18.1M | 74.0M | 43.2M | 37.8M | 11.6M | 5.0M |
| Capex | 90.4M | 48.8M | 76.3M | 103.0M | 52.3M | 156.0M | 72.5M | 35.6M | 42.0M | 23.4M | 183,700 | 688,800 |