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 | 679.0M | 572.0M | 500.0M | 592.0M | 456.0M | 342.0M | 272.0M | 222.0M |
| Revenue Growth % | 18.7% | 14.4% | -15.5% | 29.8% | 33.3% | 25.7% | 22.5% | -- |
| Total Revenue | 679.0M | 572.0M | 500.0M | 592.0M | 456.0M | 342.0M | 272.0M | 222.0M |
| Cost Of Revenue | 563.0M | 443.0M | 388.0M | 460.0M | 319.0M | 226.0M | 179.0M | 153.0M |
| Gross Profit | 116.0M | 129.0M | 112.0M | 132.0M | 137.0M | 116.0M | 93.0M | 69.0M |
| Gross Margin % | 17.1% | 22.6% | 22.4% | 22.3% | 30.0% | 33.9% | 34.2% | 31.1% |
| Total Operating Cost | 682.0M | 558.0M | 457.0M | 558.0M | 384.0M | 282.0M | 247.0M | 195.0M |
| Selling Expenses | 20.9M | 19.0M | 18.8M | 19.6M | 15.8M | 26.4M | 22.4M | 18.2M |
| Admin Expenses | 25.4M | 22.7M | 19.1M | 19.6M | 14.6M | 12.0M | 19.4M | 9.7M |
| Rd Expenses | 28.3M | 24.6M | 20.6M | 20.4M | 16.4M | 13.3M | 11.3M | 9.9M |
| Finance Expenses | 37.4M | 6.6M | -10.1M | 15.9M | 3.1M | 5,800 | 3.1M | 1.7M |
| Operating Income | 8.5M | 24.1M | 58.5M | 51.6M | 79.4M | 62.7M | 28.0M | 29.7M |
| Operating Margin % | 1.3% | 4.2% | 11.7% | 8.7% | 17.4% | 18.3% | 10.3% | 13.4% |
| Non Operating Income | 5,500 | 2.00 | 18,600 | 13.4M | 14,900 | 20,000 | 27,000 | 19,600 |
| Non Operating Expenses | 295,700 | 331,100 | 27,500 | 23,700 | 8,000 | 2,300 | 296,100 | 159,400 |
| Investment Income | 8.6M | 4.2M | 9.3M | 5.1M | 0.00 | 401,800 | 981,000 | -- |
| Fair Value Change Income | -260,600 | 186,300 | -3.4M | 3.8M | -- | -- | -- | -- |
| Asset Disposal Income | 22,700 | 114,800 | 326,300 | 1.7M | 7,700 | -26,400 | 25,100 | -280,500 |
| Asset Impairment Loss | 16.2M | 11.9M | 209,100 | 13.0M | 2.0M | -67,800 | 9.5M | 1.2M |
| Other Income | 3.6M | 4.8M | 8.8M | 6.5M | 7.7M | 2.2M | 1.8M | 3.3M |
| Income Before Tax | 8.2M | 23.7M | 58.5M | 65.0M | 79.4M | 62.7M | 27.7M | 29.5M |
| Income Tax | -7.5M | 452,600 | 4.1M | 4.7M | 11.1M | 8.5M | 4.8M | 4.2M |
| Net Income | 15.8M | 23.3M | 54.4M | 60.3M | 68.4M | 54.2M | 22.9M | 25.3M |
| Net Margin % | 2.3% | 4.1% | 10.9% | 10.2% | 15.0% | 15.8% | 8.4% | 11.4% |
| Net Income Attributable | 15.8M | 23.3M | 54.4M | 60.3M | 68.4M | 54.2M | 22.9M | 25.3M |
| Minority Interest | -- | 85.00 | 400.00 | 200.00 | 100.00 | -34.00 | -- | -- |
| Eps Basic | 0.19 | 0.28 | 0.65 | 1.08 | 1.42 | 1.13 | -- | -- |
| Eps Diluted | 0.19 | 0.28 | 0.65 | 1.08 | 1.42 | 1.13 | -- | -- |
| 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 | 122.0M | 111.0M | 156.0M | 323.0M | 77.8M | 55.3M | 57.4M | 37.8M |
| Trading Financial Assets | 220.0M | 331.0M | 122.0M | 219.0M | -- | -- | -- | -- |
| Accounts Receivable | 307.0M | 341.0M | 221.0M | 207.0M | 147.0M | 106.0M | 103.0M | 55.1M |
| Notes Receivable | 6.8M | 6.7M | 7.7M | 5.6M | 13.7M | 6.7M | 3.7M | 16.4M |
| Notes And Accounts Receivable | 314.0M | 348.0M | 228.0M | 212.0M | 161.0M | 113.0M | 107.0M | 71.5M |
| Prepayments | 7.1M | 30.7M | 25.1M | 22.0M | 12.5M | 10.2M | 9.8M | 4.0M |
| Inventory | 534.0M | 458.0M | 370.0M | 280.0M | 294.0M | 237.0M | 188.0M | 122.0M |
| Total Current Assets | 1.2B | 1.3B | 912.0M | 1.1B | 552.0M | 422.0M | 369.0M | 240.0M |
| Fixed Assets | -- | 386.0M | 176.0M | 165.0M | 161.0M | 148.0M | 123.0M | 107.0M |
| Fixed Assets Total | 498.0M | 386.0M | 176.0M | 165.0M | 161.0M | 148.0M | 123.0M | 107.0M |
| Construction In Progress | -- | -- | 66.4M | 9.6M | -- | 5.6M | 190,800 | -- |
| Construction In Progress Total | 13.1M | -- | 66.4M | 9.6M | -- | 5.6M | 190,800 | -- |
| Intangible Assets | 59.6M | 54.9M | 23.7M | 24.7M | 24.1M | 23.5M | 22.1M | 22.0M |
| Long Term Deferred Expenses | 328,800 | 601,800 | 87,700 | 1.0M | 2.1M | 2.6M | -- | -- |
| Total Non Current Assets | 680.0M | 561.0M | 419.0M | 229.0M | 198.0M | 185.0M | 162.0M | 138.0M |
| Total Assets | 1.9B | 1.9B | 1.3B | 1.3B | 750.0M | 607.0M | 531.0M | 378.0M |
| Short Term Borrowings | -- | -- | -- | -- | 7.3M | -- | -- | -- |
| Accounts Payable | 164.0M | 135.0M | 130.0M | 110.0M | 107.0M | 80.4M | 91.2M | 53.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 144.0M | 115.0M | 108.0M |
| Contract Liabilities | 251.0M | 246.0M | 144.0M | 145.0M | 147.0M | -- | -- | -- |
| Total Current Liabilities | 542.0M | 510.0M | 405.0M | 416.0M | 382.0M | 316.0M | 295.0M | 257.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 15.0M |
| Total Non Current Liabilities | 335.0M | 334.0M | 26.6M | 19.6M | 18.9M | 10.5M | 11.9M | 23.2M |
| Total Liabilities | 877.0M | 844.0M | 431.0M | 436.0M | 401.0M | 327.0M | 306.0M | 280.0M |
| Paid In Capital | 84.8M | 83.2M | 64.0M | 64.0M | 48.0M | 48.0M | 47.3M | 35.3M |
| Capital Reserve | 588.0M | 542.0M | 556.0M | 556.0M | 119.0M | 119.0M | 110.0M | 19.3M |
| Surplus Reserve | 12.0M | 8.6M | 4.4M | 4.4M | 1.4M | 939,300 | 1.0M | 1.0M |
| Retained Earnings | 260.0M | 269.0M | 269.0M | 234.0M | 176.0M | 109.0M | 64.0M | 41.1M |
| Minority Equity | -- | -- | 1,200 | 700.00 | 500.00 | 400.00 | -- | -- |
| Equity Attributable | 1.0B | 1.0B | 899.0M | 861.0M | 348.0M | 280.0M | 225.0M | 97.9M |
| Total Equity | 1.0B | 1.0B | 899.0M | 861.0M | 348.0M | 280.0M | 225.0M | 97.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 610.0M | 479.0M | 460.0M | 502.0M | 380.0M | 339.0M | 219.0M | 207.0M |
| Tax Refunds Received | 20.0M | 26.4M | 23.2M | 11.8M | 8.8M | 11.3M | 18.1M | 11.5M |
| Total Operating Cash Inflow | 633.0M | 510.0M | 493.0M | 540.0M | 396.0M | 358.0M | 244.0M | 221.0M |
| Cash Paid For Goods | 347.0M | 386.0M | 361.0M | 354.0M | 255.0M | 219.0M | 146.0M | 109.0M |
| Cash Paid To Employees | 147.0M | 127.0M | 111.0M | 91.6M | 68.5M | 60.5M | 51.4M | 38.0M |
| Taxes Paid | 18.2M | 12.9M | 12.4M | 13.7M | 17.6M | 12.3M | 6.9M | 10.4M |
| Total Operating Cash Outflow | 547.0M | 553.0M | 502.0M | 479.0M | 357.0M | 326.0M | 222.0M | 176.0M |
| Operating Cash Flow | 86.2M | -42.9M | -9.6M | 60.4M | 39.1M | 32.9M | 22.4M | 44.9M |
| Total Investing Cash Inflow | 2.1B | 1.6B | 1.8B | 755.0M | 379,900 | 75.3M | 200.0M | 4.9M |
| Total Investing Cash Outflow | 2.2B | 2.0B | 1.9B | 1.0B | 25.0M | 106.0M | 242.0M | 36.5M |
| Investing Cash Flow | -58.3M | -362.0M | -107.0M | -261.0M | -24.7M | -30.9M | -42.2M | -31.6M |
| Cash From Borrowings | 123.0M | 421.0M | -- | -- | 7.3M | -- | 6.4M | -- |
| Dividends And Interest Paid | 24.9M | 19.3M | 19.4M | 549,200 | 1.4M | -- | 1.0M | 5.1M |
| Debt Repayments | 123.0M | 29.7M | 3.3M | 10.6M | 1.7M | 3.1M | 23.5M | 6.4M |
| Total Financing Cash Inflow | 132.0M | 421.0M | -- | 468.0M | 7.3M | 460.00 | 103.0M | 9.2M |
| Total Financing Cash Outflow | 152.0M | 53.5M | 26.0M | 30.1M | 4.5M | 5.4M | 53.2M | 31.7M |
| Financing Cash Flow | -20.4M | 367.0M | -26.0M | 438.0M | 2.8M | -5.4M | 50.2M | -22.5M |
| Net Change In Cash | 5.6M | -36.3M | -138.0M | 231.0M | 15.5M | -3.4M | 30.1M | -9.6M |
| Ending Cash Balance | 106.0M | 100.0M | 137.0M | 275.0M | 43.5M | 27.9M | 31.3M | 1.2M |
| Capex | 178.0M | 161.0M | 191.0M | 56.1M | 25.0M | 37.2M | 38.5M | 31.8M |