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 | 654.0M | 596.0M | 653.0M | 890.0M | 716.0M | 638.0M | 610.0M | 402.0M |
| Revenue Growth % | 9.7% | -8.7% | -26.6% | 24.3% | 12.2% | 4.6% | 51.7% | -- |
| Total Revenue | 654.0M | 596.0M | 653.0M | 890.0M | 716.0M | 638.0M | 610.0M | 402.0M |
| Cost Of Revenue | 528.0M | 492.0M | 530.0M | 677.0M | 497.0M | 460.0M | 483.0M | 310.0M |
| Gross Profit | 126.0M | 104.0M | 123.0M | 213.0M | 219.0M | 178.0M | 127.0M | 92.0M |
| Gross Margin % | 19.3% | 17.4% | 18.8% | 23.9% | 30.6% | 27.9% | 20.8% | 22.9% |
| Total Operating Cost | 634.0M | 597.0M | 631.0M | 792.0M | 599.0M | 548.0M | 562.0M | 377.0M |
| Selling Expenses | 26.9M | 27.5M | 29.1M | 28.3M | 33.4M | 29.5M | 27.9M | 20.0M |
| Admin Expenses | 38.9M | 39.8M | 42.5M | 41.8M | 28.0M | 24.7M | 22.5M | 21.3M |
| Rd Expenses | 35.1M | 29.3M | 28.3M | 34.0M | 25.8M | 21.4M | 19.4M | 12.7M |
| Finance Expenses | -9.4M | -5.6M | -4.3M | 2.4M | 7.4M | 3.4M | 3.3M | 6.1M |
| Operating Income | 28.3M | 8.6M | 28.5M | 102.0M | 126.0M | 95.1M | 50.3M | 25.8M |
| Operating Margin % | 4.3% | 1.4% | 4.4% | 11.5% | 17.6% | 14.9% | 8.3% | 6.4% |
| Non Operating Income | 3.00 | 1,500 | 1,000 | 1.0M | 154,300 | 7,400 | 312,500 | 29,900 |
| Non Operating Expenses | 337,000 | 42,200 | 343,500 | 197,100 | 692,200 | 313,700 | 221,600 | 730,500 |
| Investment Income | 4.6M | 7.0M | 5.2M | 3.1M | 2.0M | 225,000 | 244,200 | 142,400 |
| Fair Value Change Income | 1.1M | 1.0M | -723,400 | 853,800 | 222,000 | -- | -- | -- |
| Asset Disposal Income | 144,500 | -372,200 | -1.4M | -2.3M | 1.4M | -163,400 | -604,800 | -272,600 |
| Asset Impairment Loss | 8.9M | 8.5M | 7.6M | 4.1M | 2.7M | 6.8M | 3.8M | 4.7M |
| Other Income | 2.0M | 1.7M | 3.4M | 2.4M | 4.2M | 4.4M | 2.6M | 386,300 |
| Income Before Tax | 28.0M | 8.6M | 28.2M | 103.0M | 125.0M | 94.8M | 50.4M | 25.1M |
| Income Tax | 4.0M | -248,000 | 951,000 | 10.9M | 14.5M | 12.0M | 5.6M | 3.3M |
| Net Income | 24.0M | 8.8M | 27.2M | 92.3M | 111.0M | 82.8M | 44.8M | 21.8M |
| Net Margin % | 3.7% | 1.5% | 4.2% | 10.4% | 15.5% | 13.0% | 7.4% | 5.4% |
| Net Income Attributable | 27.1M | 8.8M | 27.2M | 92.3M | 111.0M | 82.8M | 44.8M | 21.8M |
| Minority Interest | -3.1M | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.25 | 0.09 | 0.26 | 1.07 | 1.43 | 1.07 | 0.58 | 0.28 |
| Eps Diluted | 0.25 | 0.09 | 0.26 | 1.07 | 1.43 | 1.07 | 0.58 | 0.28 |
| 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 | 350.0M | 372.0M | 280.0M | 215.0M | 53.6M | 15.6M | 3.9M | 10.9M |
| Trading Financial Assets | 50.2M | 60.3M | 90.4M | 121.0M | 222,000 | 5.3M | -- | -- |
| Accounts Receivable | 182.0M | 179.0M | 130.0M | 226.0M | 198.0M | 165.0M | 182.0M | 96.3M |
| Notes Receivable | -- | -- | -- | 12.8M | 14.6M | 1.8M | 617,700 | 40,600 |
| Notes And Accounts Receivable | 182.0M | 179.0M | 130.0M | 238.0M | 212.0M | 167.0M | 183.0M | 96.4M |
| Prepayments | 1.8M | 6.1M | 2.4M | 3.8M | 2.2M | 1.9M | 3.3M | 1.7M |
| Inventory | 98.7M | 72.1M | 74.8M | 119.0M | 97.0M | 74.4M | 85.0M | 60.5M |
| Total Current Assets | 707.0M | 846.0M | 607.0M | 701.0M | 375.0M | 267.0M | 294.0M | 197.0M |
| Fixed Assets | -- | 223.0M | 236.0M | 212.0M | 202.0M | 192.0M | 148.0M | 141.0M |
| Fixed Assets Total | 245.0M | 223.0M | 236.0M | 212.0M | 202.0M | 192.0M | 148.0M | 141.0M |
| Construction In Progress | -- | 43.4M | 10.5M | 41.9M | 9.9M | 3.9M | 31.1M | 14.8M |
| Construction In Progress Total | 148.0M | 43.4M | 10.5M | 41.9M | 9.9M | 3.9M | 31.1M | 14.8M |
| Intangible Assets | 28.2M | 19.4M | 8.1M | 8.4M | 8.6M | 8.7M | 8.8M | 9.1M |
| Long Term Deferred Expenses | 3.8M | 2.2M | 2.4M | 3.7M | 2.8M | 1.3M | 1.3M | 217,600 |
| Total Non Current Assets | 652.0M | 338.0M | 424.0M | 394.0M | 228.0M | 210.0M | 193.0M | 175.0M |
| Total Assets | 1.4B | 1.2B | 1.0B | 1.1B | 602.0M | 476.0M | 488.0M | 372.0M |
| Short Term Borrowings | 50.4M | 40.0M | 39.0M | 51.5M | 68.2M | 57.9M | 111.0M | 86.4M |
| Accounts Payable | 130.0M | 134.0M | 101.0M | 168.0M | 138.0M | 128.0M | 171.0M | 129.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.1M | 1.3M | 1.1M |
| Contract Liabilities | 354,200 | 168,400 | 629,600 | 387,700 | 1.1M | -- | -- | -- |
| Total Current Liabilities | 210.0M | 195.0M | 169.0M | 263.0M | 228.0M | 213.0M | 301.0M | 236.0M |
| Long Term Borrowings | 66.5M | -- | -- | -- | -- | -- | 5.0M | -- |
| Total Non Current Liabilities | 68.3M | 8.3M | 5.6M | 3.5M | -- | -- | 5.7M | 700,000 |
| Total Liabilities | 278.0M | 203.0M | 175.0M | 267.0M | 228.0M | 213.0M | 307.0M | 236.0M |
| Paid In Capital | 110.0M | 110.0M | 103.0M | 103.0M | 77.4M | 77.4M | 77.4M | 77.4M |
| Capital Reserve | 483.0M | 484.0M | 374.0M | 374.0M | 37.9M | 37.9M | 37.9M | 37.9M |
| Surplus Reserve | 41.6M | 38.2M | 36.9M | 34.4M | 25.6M | 15.0M | 7.0M | 2.8M |
| Retained Earnings | 359.0M | 349.0M | 341.0M | 317.0M | 233.0M | 133.0M | 58.2M | 17.6M |
| Minority Equity | 86.9M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 995.0M | 981.0M | 856.0M | 828.0M | 374.0M | 263.0M | 180.0M | 136.0M |
| Total Equity | 1.1B | 981.0M | 856.0M | 828.0M | 374.0M | 263.0M | 180.0M | 136.0M |
| 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 | 665.0M | 577.0M | 794.0M | 885.0M | 681.0M | 678.0M | 572.0M | 434.0M |
| Tax Refunds Received | 10.8M | 3.1M | 667,600 | 982,400 | 1.4M | 4.1M | 496,700 | 6,000 |
| Total Operating Cash Inflow | 685.0M | 597.0M | 802.0M | 897.0M | 688.0M | 692.0M | 604.0M | 447.0M |
| Cash Paid For Goods | 537.0M | 423.0M | 496.0M | 622.0M | 465.0M | 472.0M | 431.0M | 312.0M |
| Cash Paid To Employees | 122.0M | 124.0M | 127.0M | 128.0M | 88.1M | 81.7M | 85.8M | 64.4M |
| Taxes Paid | 6.9M | 10.8M | 16.1M | 19.7M | 31.5M | 16.7M | 15.4M | 10.4M |
| Total Operating Cash Outflow | 701.0M | 593.0M | 683.0M | 801.0M | 617.0M | 601.0M | 558.0M | 420.0M |
| Operating Cash Flow | -16.0M | 3.4M | 119.0M | 96.3M | 71.5M | 90.9M | 46.6M | 27.8M |
| Total Investing Cash Inflow | 547.0M | 214.0M | 693.0M | 413.0M | 142.0M | 239.0M | 135.0M | 85.3M |
| Total Investing Cash Outflow | 704.0M | 236.0M | 731.0M | 716.0M | 175.0M | 259.0M | 213.0M | 135.0M |
| Investing Cash Flow | -157.0M | -22.3M | -37.7M | -303.0M | -33.1M | -20.5M | -77.3M | -49.5M |
| Cash From Borrowings | 116.0M | 40.0M | 138.0M | 174.0M | 129.0M | 173.0M | 250.0M | 155.0M |
| Dividends And Interest Paid | 14.5M | 849,300 | 956,900 | 875,400 | 2.3M | 4.3M | 4.4M | 5.1M |
| Debt Repayments | 40.0M | 34.4M | 156.0M | 165.0M | 120.0M | 226.0M | 223.0M | 175.0M |
| Total Financing Cash Inflow | 208.0M | 156.0M | 138.0M | 555.0M | 129.0M | 173.0M | 250.0M | 160.0M |
| Total Financing Cash Outflow | 62.0M | 41.4M | 160.0M | 186.0M | 127.0M | 231.0M | 228.0M | 186.0M |
| Financing Cash Flow | 146.0M | 114.0M | -22.1M | 369.0M | 2.1M | -57.3M | 22.3M | -25.2M |
| Net Change In Cash | -24.0M | 96.2M | 61.1M | 161.0M | 38.4M | 13.2M | -8.0M | -46.5M |
| Ending Cash Balance | 348.0M | 372.0M | 276.0M | 215.0M | 53.6M | 15.2M | 2.1M | 10.1M |
| Capex | 164.0M | 34.4M | 37.3M | 72.9M | 40.3M | 29.8M | 66.9M | 47.2M |