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 | 1.3B | 575.0M | 635.0M | 512.0M | 438.0M | 510.0M | 583.0M | 518.0M |
| Revenue Growth % | 131.8% | -9.4% | 24.0% | 16.9% | -14.1% | -12.5% | 12.5% | -- |
| Total Revenue | 1.3B | 575.0M | 635.0M | 512.0M | 438.0M | 510.0M | 583.0M | 518.0M |
| Cost Of Revenue | 1.2B | 503.0M | 502.0M | 408.0M | 335.0M | 395.0M | 459.0M | 410.0M |
| Gross Profit | 177.0M | 72.0M | 133.0M | 104.0M | 103.0M | 115.0M | 124.0M | 108.0M |
| Gross Margin % | 13.3% | 12.5% | 20.9% | 20.3% | 23.5% | 22.5% | 21.3% | 20.8% |
| Total Operating Cost | 1.3B | 571.0M | 567.0M | 460.0M | 385.0M | 458.0M | 526.0M | 473.0M |
| Selling Expenses | 30.7M | 11.5M | 16.3M | 9.5M | 15.7M | 19.9M | 21.0M | 20.6M |
| Admin Expenses | 29.6M | 20.3M | 15.9M | 11.0M | 9.9M | 13.7M | 13.0M | 13.2M |
| Rd Expenses | 28.1M | 19.8M | 26.8M | 16.6M | 15.9M | 15.6M | 17.9M | 16.5M |
| Finance Expenses | 2.2M | -203,600 | 8.0M | 3.1M | 4.9M | 6.2M | 5.0M | 4.7M |
| Operating Income | 82.6M | 6.0M | 76.0M | 59.6M | 55.6M | 52.2M | 57.3M | 44.7M |
| Operating Margin % | 6.2% | 1.0% | 12.0% | 11.6% | 12.7% | 10.2% | 9.8% | 8.6% |
| Non Operating Income | 5,300 | 200.00 | 241,500 | 9,700 | 208,200 | -- | -- | -- |
| Non Operating Expenses | 86,700 | 256,100 | 4.0M | 944,800 | 62,800 | 21,000 | 600,000 | 11,300 |
| Investment Income | 2.2M | -652,400 | -94,700 | 552,600 | -- | -- | -- | -- |
| Fair Value Change Income | 43,500 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 30,200 | 1,000 | 100.00 | -16,000 | -- | -- | -142,700 |
| Asset Impairment Loss | 1.4M | 2.4M | 2.9M | 303,000 | 1.7M | 2.5M | 6.5M | 4.6M |
| Other Income | 8.8M | 2.4M | 8.3M | 7.0M | 2.0M | 361,600 | 500,100 | 201,300 |
| Income Before Tax | 82.5M | 5.8M | 72.2M | 58.7M | 55.7M | 52.1M | 56.7M | 44.6M |
| Income Tax | 12.4M | -882,100 | 6.3M | 7.2M | 7.3M | 6.3M | 6.8M | 7.0M |
| Net Income | 70.0M | 6.7M | 65.9M | 51.6M | 48.5M | 45.8M | 49.9M | 37.6M |
| Net Margin % | 5.3% | 1.2% | 10.4% | 10.1% | 11.1% | 9.0% | 8.6% | 7.3% |
| Net Income Attributable | 70.3M | 6.8M | 65.9M | 51.6M | 49.1M | 45.9M | 50.2M | 39.8M |
| Minority Interest | -313,200 | -111,900 | -- | -- | -614,100 | -76,600 | -352,700 | -2.1M |
| Eps Basic | 0.50 | 0.05 | 0.56 | 0.70 | 0.78 | 0.75 | -- | -- |
| Eps Diluted | 0.50 | 0.05 | 0.56 | 0.70 | 0.78 | 0.75 | -- | -- |
| 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 | 205.0M | 333.0M | 35.3M | 73.1M | 48.7M | 40.7M | 20.4M | 42.8M |
| Trading Financial Assets | 110.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 612.0M | 434.0M | 269.0M | 392.0M | 314.0M | 284.0M | 334.0M | 286.0M |
| Notes Receivable | 7.0M | 12.4M | 11.7M | 29.9M | 23.3M | 51.9M | 39.6M | 49.5M |
| Notes And Accounts Receivable | 619.0M | 446.0M | 280.0M | 422.0M | 337.0M | 336.0M | 374.0M | 336.0M |
| Prepayments | 10.3M | 1.3M | 12.1M | 17.8M | 4.6M | 3.7M | 1.2M | 1.1M |
| Inventory | 321.0M | 293.0M | 356.0M | 178.0M | 75.4M | 111.0M | 134.0M | 124.0M |
| Total Current Assets | 1.4B | 1.1B | 725.0M | 725.0M | 491.0M | 546.0M | 531.0M | 504.0M |
| Fixed Assets | -- | 167.0M | 114.0M | 55.3M | 56.5M | 56.7M | 78.3M | 75.1M |
| Fixed Assets Total | 201.0M | 167.0M | 114.0M | 55.3M | 56.5M | 56.7M | 78.3M | 75.1M |
| Construction In Progress | -- | 15.6M | 38.0M | 35.0M | 14.3M | 2.5M | 324,200 | 2.9M |
| Construction In Progress Total | 25.8M | 15.6M | 38.0M | 35.0M | 14.3M | 2.5M | 324,200 | 2.9M |
| Intangible Assets | 42.4M | 43.6M | 44.8M | 24.4M | 24.9M | 25.4M | 32.2M | 22.0M |
| Long Term Deferred Expenses | 11.8M | 11.1M | 11.8M | 1.3M | -- | -- | -- | -- |
| Total Non Current Assets | 320.0M | 295.0M | 224.0M | 131.0M | 101.0M | 89.5M | 115.0M | 104.0M |
| Total Assets | 1.7B | 1.4B | 949.0M | 856.0M | 592.0M | 635.0M | 646.0M | 608.0M |
| Short Term Borrowings | 318.0M | 145.0M | 241.0M | 125.0M | 100.0M | 115.0M | 105.0M | 95.0M |
| Accounts Payable | 154.0M | 110.0M | 63.6M | 102.0M | 74.4M | 124.0M | 205.0M | 256.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.3M | 2.3M | 1.9M |
| Contract Liabilities | 1.2M | 1.6M | 1.2M | 6.3M | 1.5M | -- | -- | -- |
| Total Current Liabilities | 516.0M | 262.0M | 325.0M | 290.0M | 208.0M | 280.0M | 369.0M | 372.0M |
| Long Term Borrowings | 7.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 12.4M | 4.3M | 2.1M | 813,900 | 111,600 | 133,500 | 155,400 | 177,300 |
| Total Liabilities | 528.0M | 267.0M | 327.0M | 291.0M | 208.0M | 280.0M | 369.0M | 372.0M |
| Paid In Capital | 142.0M | 142.0M | 84.0M | 84.0M | 63.0M | 63.0M | 20.0M | 20.0M |
| Capital Reserve | 799.0M | 799.0M | 353.0M | 353.0M | 245.0M | 243.0M | 28,900 | 28,900 |
| Surplus Reserve | 28.4M | 20.9M | 20.2M | 13.4M | 8.7M | 4.4M | 18.1M | 18.1M |
| Retained Earnings | 212.0M | 163.0M | 165.0M | 114.0M | 67.4M | 22.7M | 216.0M | 175.0M |
| Minority Equity | 6.8M | 7.1M | -- | -- | -- | 22.5M | 22.5M | 22.9M |
| Equity Attributable | 1.2B | 1.1B | 622.0M | 565.0M | 384.0M | 333.0M | 254.0M | 213.0M |
| Total Equity | 1.2B | 1.1B | 622.0M | 565.0M | 384.0M | 355.0M | 276.0M | 236.0M |
| 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 | 813.0M | 232.0M | 514.0M | 233.0M | 202.0M | 255.0M | 312.0M | 288.0M |
| Tax Refunds Received | 9.4M | 25.2M | 26.7M | 378,800 | 332,400 | 145,100 | -- | 33,800 |
| Total Operating Cash Inflow | 828.0M | 268.0M | 550.0M | 240.0M | 206.0M | 256.0M | 313.0M | 291.0M |
| Cash Paid For Goods | 823.0M | 229.0M | 501.0M | 277.0M | 110.0M | 184.0M | 268.0M | 192.0M |
| Cash Paid To Employees | 56.1M | 37.1M | 31.8M | 24.1M | 21.7M | 25.7M | 26.3M | 21.7M |
| Taxes Paid | 31.6M | 30.1M | 27.2M | 23.5M | 23.2M | 26.6M | 23.6M | 31.6M |
| Total Operating Cash Outflow | 944.0M | 311.0M | 578.0M | 337.0M | 164.0M | 247.0M | 329.0M | 257.0M |
| Operating Cash Flow | -116.0M | -43.0M | -27.8M | -97.2M | 41.8M | 9.3M | -16.6M | 34.3M |
| Total Investing Cash Inflow | 882.0M | 26.0M | 20,000 | 103.0M | 139,700 | -- | -- | 9.7M |
| Total Investing Cash Outflow | 1.1B | 84.1M | 109.0M | 124.0M | 12.8M | 11.1M | 17.4M | 9.0M |
| Investing Cash Flow | -237.0M | -58.0M | -109.0M | -21.5M | -12.6M | -11.1M | -17.4M | 681,100 |
| Cash From Borrowings | 455.0M | 270.0M | 321.0M | 135.0M | 159.0M | 187.0M | 146.0M | 164.0M |
| Dividends And Interest Paid | 19.4M | 13.4M | 16.8M | 2.9M | 7.4M | 11.7M | 6.8M | 12.3M |
| Debt Repayments | 273.0M | 366.0M | 205.0M | 110.0M | 174.0M | 177.0M | 136.0M | 154.0M |
| Total Financing Cash Inflow | 455.0M | 777.0M | 321.0M | 281.0M | 159.0M | 284.0M | 304.0M | 384.0M |
| Total Financing Cash Outflow | 323.0M | 379.0M | 222.0M | 133.0M | 181.0M | 253.0M | 301.0M | 387.0M |
| Financing Cash Flow | 133.0M | 397.0M | 99.0M | 148.0M | -22.4M | 31.3M | 3.2M | -2.9M |
| Net Change In Cash | -220.0M | 296.0M | -37.6M | 29.6M | 6.6M | 29.5M | -30.8M | 32.1M |
| Ending Cash Balance | 112.0M | 331.0M | 35.0M | 72.6M | 43.0M | 36.4M | 6.9M | 37.7M |
| Capex | 39.8M | 64.1M | 109.0M | 22.1M | 12.8M | 11.1M | 17.4M | 7.0M |