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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 591.0M | 382.0M | 593.0M | 420.0M | 384.0M | 339.0M | 258.0M | 242.0M | 233.0M | 65.2M |
| Revenue Growth % | 85.6% | 54.7% | -35.6% | 41.2% | 9.4% | 13.3% | 31.4% | 6.6% | 3.9% | 257.5% | -- |
| Total Revenue | 1.1B | 591.0M | 382.0M | 593.0M | 420.0M | 384.0M | 339.0M | 258.0M | 242.0M | 233.0M | 65.2M |
| Cost Of Revenue | 916.0M | 461.0M | 283.0M | 419.0M | 293.0M | 280.0M | 281.0M | 199.0M | 179.0M | 178.0M | 32.1M |
| Gross Profit | 181.0M | 130.0M | 99.0M | 174.0M | 127.0M | 104.0M | 58.0M | 59.0M | 63.0M | 55.0M | 33.1M |
| Gross Margin % | 16.5% | 22.0% | 25.9% | 29.3% | 30.2% | 27.1% | 17.1% | 22.9% | 26.0% | 23.6% | 50.8% |
| Total Operating Cost | 1.1B | 549.0M | 367.0M | 481.0M | 325.0M | 311.0M | 316.0M | 229.0M | 207.0M | 207.0M | 46.0M |
| Selling Expenses | 32.6M | 14.5M | 14.5M | 11.4M | 9.8M | 8.3M | 7.1M | 4.4M | 4.1M | 3.1M | 2.7M |
| Admin Expenses | 38.8M | 23.8M | 35.7M | 19.3M | 13.3M | 11.5M | 12.5M | 16.2M | 21.4M | 24.0M | 12.0M |
| Rd Expenses | 32.0M | 20.6M | 20.8M | 18.4M | 13.9M | 11.2M | 9.6M | 10.7M | -- | -- | -- |
| Finance Expenses | 13.0M | 6.9M | -6.3M | -2.8M | -2.3M | -370,900 | -232,500 | -172,600 | -263,600 | -745,700 | -770,900 |
| Operating Income | 56.6M | 63.5M | 24.2M | 122.0M | 104.0M | 78.7M | 31.3M | 37.8M | 37.7M | 27.4M | 19.8M |
| Operating Margin % | 5.2% | 10.7% | 6.3% | 20.6% | 24.8% | 20.5% | 9.2% | 14.6% | 15.6% | 11.8% | 30.4% |
| Non Operating Income | 498,500 | 3.00 | 3.3M | 34,400 | 22,000 | 10,300 | 2,500 | 3,600 | 6.6M | 3.8M | 3.3M |
| Non Operating Expenses | 35,100 | 157,000 | 314,100 | 1.4M | 385,400 | 1.1M | 301,600 | 12,900 | 50.00 | -- | -- |
| Investment Income | 2.8M | 16.8M | 3.2M | 4.0M | 2.1M | 892,900 | 3.0M | 4.3M | 3.4M | 1.7M | 655,200 |
| Fair Value Change Income | 164,200 | 550,800 | 39,300 | 385,000 | 309,100 | 263,100 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 34,600 | 111,000 | -- | -- | -44,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -1.6M | 16.1M | 4.2M | 9.2M | 387,600 | 539,600 | 5.3M | -1.6M | 3.2M | 2.0M | -169,100 |
| Other Income | 5.9M | 4.6M | 6.3M | 5.7M | 7.5M | 4.8M | 5.0M | 4.8M | -- | -- | -- |
| Income Before Tax | 57.1M | 63.3M | 27.2M | 120.0M | 104.0M | 77.7M | 31.0M | 37.8M | 44.3M | 31.2M | 23.1M |
| Income Tax | 4.6M | 5.9M | 1.9M | 16.6M | 13.8M | 9.8M | 3.2M | 6.9M | 5.9M | 3.8M | 3.0M |
| Net Income | 52.5M | 57.4M | 25.2M | 104.0M | 90.2M | 67.8M | 27.8M | 30.9M | 38.4M | 27.4M | 20.1M |
| Net Margin % | 4.8% | 9.7% | 6.6% | 17.5% | 21.5% | 17.7% | 8.2% | 12.0% | 15.9% | 11.8% | 30.9% |
| Net Income Attributable | 52.5M | 58.2M | 26.1M | 104.0M | 90.2M | 67.8M | 28.0M | 31.5M | 38.4M | 27.3M | 20.1M |
| Minority Interest | -- | -830,300 | -903,200 | -317,100 | 1.00 | -- | -139,800 | -628,500 | -- | 54,600 | 31,400 |
| Eps Basic | 0.35 | 0.39 | 0.17 | 0.83 | 0.80 | 0.60 | 0.25 | 0.28 | 0.36 | 0.33 | 0.25 |
| Eps Diluted | 0.35 | 0.39 | 0.17 | 0.83 | 0.80 | 0.60 | 0.25 | 0.28 | 0.36 | 0.33 | 0.25 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 340.0M | 455.0M | 335.0M | 494.0M | 154.0M | 57.9M | 29.9M | 127.0M | 81.2M | 112.0M | 19.8M |
| Trading Financial Assets | 78.2M | 185.0M | 40.0M | 140.0M | 166.0M | 203.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 674.0M | 334.0M | 293.0M | 259.0M | 168.0M | 99.8M | 169.0M | 101.0M | 138.0M | 93.4M | 39.8M |
| Notes Receivable | -- | 7.4M | -- | 2.9M | -- | -- | 17.3M | 58.7M | 932,400 | 1.6M | -- |
| Notes And Accounts Receivable | 674.0M | 342.0M | 293.0M | 261.0M | 168.0M | 99.8M | 187.0M | 159.0M | 138.0M | 95.1M | 39.8M |
| Prepayments | 51.2M | 42.2M | 18.7M | 16.7M | 1.7M | 8.5M | 1.2M | 12.4M | 353,300 | 424,400 | 318,800 |
| Inventory | 272.0M | 152.0M | 69.3M | 88.6M | 39.8M | 174.0M | 52.2M | 20.7M | 3.4M | 11.5M | 819,600 |
| Total Current Assets | 1.7B | 1.5B | 941.0M | 1.1B | 565.0M | 571.0M | 387.0M | 409.0M | 401.0M | 234.0M | 113.0M |
| Long Term Equity Investment | 14.7M | 12.5M | 1.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 208.0M | 191.0M | 168.0M | 175.0M | 184.0M | 194.0M | 161.0M | 127.0M | 144.0M | 151.0M |
| Fixed Assets Total | 245.0M | 208.0M | 191.0M | 168.0M | 175.0M | 184.0M | 194.0M | 161.0M | 127.0M | 144.0M | 151.0M |
| Construction In Progress | -- | 12.6M | 9.4M | -- | -- | -- | -- | 31.1M | -- | -- | -- |
| Construction In Progress Total | 997,200 | 13.4M | 9.4M | -- | -- | -- | -- | 31.1M | -- | -- | -- |
| Intangible Assets | 1.0M | 676,600 | 479,600 | 268,600 | 221,400 | 341,900 | 242,600 | 219,400 | 154,900 | 105,600 | 5,867 |
| Long Term Deferred Expenses | 497,300 | -- | -- | -- | -- | -- | -- | -- | 17,100 | 42,800 | 68,500 |
| Total Non Current Assets | 292.0M | 264.0M | 224.0M | 184.0M | 181.0M | 190.0M | 201.0M | 199.0M | 132.0M | 149.0M | 157.0M |
| Total Assets | 2.0B | 1.7B | 1.2B | 1.3B | 746.0M | 761.0M | 588.0M | 608.0M | 534.0M | 383.0M | 270.0M |
| Short Term Borrowings | 105.0M | 101.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 371.0M | 228.0M | 197.0M | 230.0M | 151.0M | 208.0M | 159.0M | 138.0M | 132.0M | 138.0M | 92.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 32.5M | 921,300 | 16.5M | 208,000 | 643,800 | 50,000 |
| Contract Liabilities | 14.9M | 1.1M | 30.4M | 55.0M | 11.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 691.0M | 510.0M | 324.0M | 444.0M | 230.0M | 320.0M | 181.0M | 224.0M | 178.0M | 160.0M | 123.0M |
| Total Non Current Liabilities | 427.0M | 392.0M | 76.5M | 77.7M | 75.0M | 79.2M | 83.4M | 87.4M | 91.6M | 97.1M | 89.4M |
| Total Liabilities | 1.1B | 902.0M | 401.0M | 521.0M | 305.0M | 399.0M | 264.0M | 311.0M | 270.0M | 257.0M | 212.0M |
| Paid In Capital | 149.0M | 150.0M | 150.0M | 149.0M | 112.0M | 112.0M | 112.0M | 112.0M | 112.0M | 95.1M | 32.0M |
| Capital Reserve | 298.0M | 306.0M | 320.0M | 300.0M | 96.3M | 96.3M | 96.3M | 96.3M | 96.3M | 12.9M | -- |
| Surplus Reserve | 36.2M | 34.2M | 32.3M | 31.1M | 22.5M | 15.8M | 10.3M | 8.5M | 5.6M | 2.2M | 3.6M |
| Retained Earnings | 333.0M | 328.0M | 271.0M | 306.0M | 211.0M | 138.0M | 105.0M | 78.9M | 50.3M | 15.2M | 21.8M |
| Minority Equity | -- | -1.4M | -1.2M | -317,100 | -- | -1.00 | -1.00 | 871,500 | -- | -- | 333,200 |
| Equity Attributable | 848.0M | 842.0M | 765.0M | 787.0M | 442.0M | 362.0M | 324.0M | 296.0M | 264.0M | 125.0M | 57.4M |
| Total Equity | 848.0M | 840.0M | 763.0M | 787.0M | 442.0M | 362.0M | 324.0M | 297.0M | 264.0M | 125.0M | 57.8M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 932.0M | 575.0M | 272.0M | 472.0M | 459.0M | 407.0M | 264.0M | 255.0M | 197.0M | 188.0M | 57.8M |
| Tax Refunds Received | -- | -- | 11.5M | -- | -- | -- | -- | -- | 381,000 | -- | 74,000 |
| Total Operating Cash Inflow | 993.0M | 605.0M | 321.0M | 529.0M | 495.0M | 457.0M | 332.0M | 264.0M | 207.0M | 198.0M | 72.7M |
| Cash Paid For Goods | 986.0M | 627.0M | 339.0M | 349.0M | 336.0M | 194.0M | 253.0M | 192.0M | 142.0M | 151.0M | 16.7M |
| Cash Paid To Employees | 75.7M | 57.4M | 45.8M | 34.5M | 26.4M | 23.6M | 26.0M | 20.7M | 15.8M | 12.8M | 10.3M |
| Taxes Paid | 25.6M | 11.1M | 12.4M | 31.8M | 23.0M | 3.9M | 12.0M | 16.1M | 6.7M | 7.3M | 306,800 |
| Total Operating Cash Outflow | 1.2B | 765.0M | 436.0M | 507.0M | 428.0M | 291.0M | 355.0M | 275.0M | 178.0M | 187.0M | 36.9M |
| Operating Cash Flow | -161.0M | -160.0M | -114.0M | 21.8M | 67.6M | 166.0M | -23.0M | -11.2M | 29.4M | 10.7M | 35.7M |
| Total Investing Cash Inflow | 673.0M | 1.1B | 729.0M | 676.0M | 510.0M | 330.0M | 244.0M | 388.0M | 312.0M | 365.0M | 123.0M |
| Total Investing Cash Outflow | 587.0M | 1.3B | 671.0M | 651.0M | 474.0M | 440.0M | 306.0M | 348.0M | 471.0M | 321.0M | 181.0M |
| Investing Cash Flow | 85.7M | -196.0M | 57.0M | 25.7M | 35.9M | -110.0M | -61.6M | 39.5M | -159.0M | 43.9M | -57.3M |
| Cash From Borrowings | 105.0M | 100.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 49.1M | 2.4M | 59.8M | -- | -- | 30.0M | -- | -- | -- | -- | -- |
| Debt Repayments | 100.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 137.0M | 443.0M | 12.8M | 268.0M | 127.0M | 32.4M | 70.5M | 12.3M | 104.0M | 46.9M | 24.8M |
| Total Financing Cash Outflow | 160.0M | 8.4M | 75.2M | 12.5M | 109.0M | 85.2M | 44.5M | 41.3M | 10.8M | 3.3M | 10.5M |
| Financing Cash Flow | -23.5M | 435.0M | -62.5M | 255.0M | 18.7M | -52.8M | 26.0M | -29.0M | 92.9M | 43.7M | 14.3M |
| Net Change In Cash | -98.4M | 78.0M | -120.0M | 303.0M | 122.0M | 2.8M | -58.5M | -783,500 | -36.8M | 98.3M | -7.3M |
| Ending Cash Balance | 299.0M | 397.0M | 319.0M | 439.0M | 136.0M | 13.9M | 11.1M | 69.6M | 70.4M | 107.0M | 9.0M |
| Capex | 23.7M | 36.1M | 44.9M | 4.0M | 4.1M | 3.2M | 41.6M | 63.8M | 2.4M | 4.5M | 67.1M |