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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 331.0M | 369.0M | 304.0M | 343.0M | 281.0M | 298.0M | 266.0M | 201.0M | 92.2M | 60.3M | 50.6M | 33.3M | 14.7M |
| Revenue Growth % | -10.3% | 21.4% | -11.4% | 22.1% | -5.7% | 12.0% | 32.3% | 118.0% | 52.8% | 19.2% | 51.8% | 127.0% | -- |
| Total Revenue | 331.0M | 369.0M | 304.0M | 343.0M | 281.0M | 298.0M | 266.0M | 201.0M | 92.2M | 60.3M | 50.6M | 33.3M | 14.7M |
| Cost Of Revenue | 223.0M | 224.0M | 185.0M | 200.0M | 146.0M | 150.0M | 128.0M | 92.8M | 42.0M | 27.4M | 22.7M | 20.6M | 9.7M |
| Gross Profit | 108.0M | 145.0M | 119.0M | 143.0M | 135.0M | 148.0M | 138.0M | 108.2M | 50.2M | 32.9M | 27.9M | 12.8M | 5.0M |
| Gross Margin % | 32.6% | 39.3% | 39.1% | 41.7% | 48.0% | 49.7% | 51.9% | 53.8% | 54.5% | 54.5% | 55.2% | 38.3% | 34.1% |
| Total Operating Cost | 363.0M | 351.0M | 282.0M | 291.0M | 219.0M | 230.0M | 199.0M | 146.0M | 63.7M | 40.2M | 32.9M | 27.6M | 13.7M |
| Selling Expenses | 63.3M | 62.2M | 49.2M | 44.5M | 34.1M | 43.0M | 38.1M | 22.9M | 9.8M | 3.5M | 1.6M | 1.4M | 1.1M |
| Admin Expenses | 50.6M | 42.5M | 33.9M | 29.4M | 21.9M | 19.5M | 17.1M | 14.2M | 10.3M | 7.8M | 7.8M | 5.2M | 2.8M |
| Rd Expenses | 22.8M | 18.0M | 14.0M | 13.8M | 11.5M | 12.5M | 10.0M | 12.1M | -- | -- | -- | -- | -- |
| Finance Expenses | -2.2M | -439,200 | -4.2M | 28,100 | 1.3M | 684,100 | 804,400 | 503,900 | 140,800 | 140,100 | 247,200 | 75,600 | 5,700 |
| Operating Income | -14.6M | 30.7M | 37.1M | 64.2M | 73.7M | 76.1M | 73.2M | 60.4M | 28.9M | 20.2M | 17.7M | 5.7M | 944,700 |
| Operating Margin % | -4.4% | 8.3% | 12.2% | 18.7% | 26.2% | 25.5% | 27.5% | 30.1% | 31.3% | 33.6% | 35.1% | 17.1% | 6.4% |
| Non Operating Income | 52,200 | 139,600 | 1.2M | 17,000 | 874,800 | 500.00 | 528,100 | 81,900 | 2.4M | 393,100 | 315,400 | 1,900 | 14,900 |
| Non Operating Expenses | 816,400 | 792,900 | 18,000 | 501,500 | 65,100 | 165,400 | 700.00 | 29,000 | 3,300 | -- | 38,100 | 1.00 | -- |
| Investment Income | 9.7M | 8.9M | 11.1M | 2.7M | 2.4M | 1.1M | 1.6M | 691,600 | 327,100 | 138,200 | -- | -- | -- |
| Fair Value Change Income | 794,100 | 1.4M | -22,900 | 885,900 | 31,400 | 495,700 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.6M | 138,600 | -333,000 | 31,100 | -60,700 | -6,800 | 8,100 | -36,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 241,200 | -86,300 | 13,700 | 340,500 | 357,600 | 268,000 | 2.2M | 2.2M | 477,800 | 861,900 | 273,900 | 198,500 | 123,600 |
| Other Income | 7.8M | 2.9M | 4.2M | 8.7M | 9.4M | 6.6M | 4.5M | 5.1M | -- | -- | -- | -- | -- |
| Income Before Tax | -15.4M | 30.0M | 38.2M | 63.7M | 74.6M | 75.9M | 73.7M | 60.5M | 31.3M | 20.6M | 18.0M | 5.7M | 959,600 |
| Income Tax | 3.3M | 4.8M | 6.4M | 8.7M | 11.1M | 10.9M | 11.9M | 9.3M | 4.4M | 3.0M | 2.4M | 743,800 | 113,000 |
| Net Income | -18.7M | 25.2M | 31.8M | 55.0M | 63.5M | 65.0M | 61.8M | 51.2M | 26.8M | 17.6M | 15.6M | 5.0M | 846,600 |
| Net Margin % | -5.6% | 6.8% | 10.5% | 16.0% | 22.6% | 21.8% | 23.2% | 25.5% | 29.1% | 29.2% | 30.8% | 14.9% | 5.8% |
| Net Income Attributable | -10.5M | 26.9M | 30.1M | 53.8M | 63.3M | 65.6M | 61.3M | 45.6M | 26.8M | 17.5M | 15.4M | 5.0M | 846,600 |
| Minority Interest | -8.1M | -1.6M | 1.7M | 1.2M | 185,000 | -614,300 | 530,100 | 5.6M | 25,700 | 124,100 | 149,400 | -71,500 | -- |
| Eps Basic | -0.16 | 0.42 | 0.47 | 1.03 | 1.31 | 1.36 | 1.29 | 1.10 | 1.34 | 0.88 | 0.78 | 1.01 | 0.17 |
| Eps Diluted | -0.16 | 0.41 | 0.47 | 1.03 | 1.31 | 1.36 | 1.29 | 1.10 | 1.34 | 0.88 | 0.78 | 1.01 | -- |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 214.0M | 169.0M | 84.6M | 173.0M | 128.0M | 32.3M | 48.9M | 22.5M | 15.5M | 10.6M | 8.8M | 4.5M | 2.5M |
| Trading Financial Assets | 176.0M | 266.0M | 392.0M | 404.0M | 42.1M | 131.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 54.3M | 66.8M | 52.0M | 55.3M | 57.9M | 67.8M | 67.2M | 46.3M | 28.9M | 13.4M | 9.8M | 5.8M | 2.1M |
| Notes Receivable | 218,400 | 557,200 | 3.0M | 1.5M | 756,800 | 94,600 | 4.2M | 1.6M | 3.0M | 2.6M | 1.9M | 300,500 | 596,000 |
| Notes And Accounts Receivable | 54.6M | 67.4M | 54.9M | 56.8M | 58.7M | 67.9M | 71.4M | 48.0M | 31.9M | 15.9M | 11.6M | 6.1M | 2.7M |
| Prepayments | 2.2M | 4.2M | 2.7M | 1.7M | 1.1M | 2.0M | 2.4M | 1.8M | 6.0M | 3.4M | 444,000 | 357,200 | 227,600 |
| Inventory | 60.7M | 94.9M | 63.2M | 58.9M | 30.5M | 36.6M | 25.2M | 22.4M | 13.3M | 7.7M | 7.0M | 3.9M | 1.5M |
| Total Current Assets | 522.0M | 657.0M | 659.0M | 710.0M | 278.0M | 278.0M | 220.0M | 146.0M | 87.9M | 47.6M | 28.5M | 15.1M | 7.4M |
| Long Term Equity Investment | 60.4M | 42.9M | 4.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 288.0M | 118.0M | 28.8M | 30.6M | 31.0M | 30.5M | 28.7M | 14.3M | 2.0M | 2.1M | 1.3M | 841,600 |
| Fixed Assets Total | 295.0M | 288.0M | 118.0M | 28.8M | 30.6M | 31.0M | 30.5M | 28.7M | 14.3M | 2.0M | 2.1M | 1.3M | 841,600 |
| Construction In Progress | -- | 3.4M | 115.0M | 130.0M | 61.5M | 34.6M | 9.3M | 191,000 | 3.4M | 3,100 | -- | -- | -- |
| Construction In Progress Total | 267,000 | 3.4M | 115.0M | 130.0M | 61.5M | 34.6M | 9.3M | 191,000 | 3.4M | 3,100 | -- | -- | -- |
| Intangible Assets | 37.7M | 24.3M | 22.4M | 27.0M | 27.9M | 15.1M | 15.8M | 17.8M | 8.5M | 3.7M | 28,500 | 35,700 | -- |
| Long Term Deferred Expenses | 4.3M | 4.4M | 2.3M | 3.3M | 4.2M | 5.4M | 6.8M | 3.9M | 3.5M | 222,600 | 260,700 | 298,900 | 337,000 |
| Total Non Current Assets | 436.0M | 396.0M | 300.0M | 205.0M | 136.0M | 98.7M | 76.9M | 64.1M | 41.6M | 8.2M | 4.4M | 1.7M | 1.2M |
| Total Assets | 958.0M | 1.1B | 959.0M | 914.0M | 413.0M | 377.0M | 297.0M | 210.0M | 130.0M | 55.8M | 32.9M | 16.9M | 8.6M |
| Short Term Borrowings | 945,300 | 19.0M | -- | 10.5M | 3.0M | 10.0M | 20.0M | 8.0M | 24.0M | 6.5M | -- | -- | -- |
| Accounts Payable | 36.9M | 56.1M | 28.9M | 23.6M | 11.6M | 15.4M | 9.1M | 7.0M | 4.4M | 1.3M | 2.1M | 4.0M | 2.3M |
| Advance Receipts | 412,100 | -- | 409,700 | -- | -- | 3.8M | 4.9M | 5.7M | 5.8M | 792,500 | 2.3M | 949,100 | 457,200 |
| Contract Liabilities | 8.6M | 18.2M | 11.4M | 5.4M | 3.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 136.0M | 174.0M | 106.0M | 78.7M | 49.6M | 75.7M | 66.8M | 44.5M | 53.1M | 11.8M | 5.9M | 6.1M | 3.0M |
| Long Term Borrowings | 32.3M | 41.0M | 50.5M | 40.5M | 11.8M | 13.5M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 47.8M | 56.7M | 62.5M | 44.8M | 14.0M | 15.9M | 2.5M | 2.3M | 2.5M | -- | 589,400 | -- | -- |
| Total Liabilities | 184.0M | 231.0M | 168.0M | 123.0M | 63.6M | 91.6M | 69.3M | 46.8M | 55.6M | 11.8M | 6.5M | 6.1M | 3.0M |
| Paid In Capital | 64.6M | 64.6M | 64.6M | 64.6M | 48.4M | 48.4M | 48.4M | 23.6M | 20.0M | 20.0M | 5.0M | 5.0M | 5.0M |
| Capital Reserve | 422.0M | 419.0M | 414.0M | 416.0M | 45.3M | 44.5M | 43.7M | 46.6M | 2.9M | 2.5M | 7.5M | -- | -- |
| Surplus Reserve | 36.6M | 36.6M | 33.6M | 28.1M | 23.6M | 19.0M | 13.5M | 8.9M | 5.8M | 3.1M | 1.3M | 610,800 | 84,700 |
| Retained Earnings | 259.0M | 295.0M | 271.0M | 279.0M | 229.0M | 171.0M | 120.0M | 70.7M | 37.1M | 18.0M | 12.2M | 5.0M | 500,900 |
| Minority Equity | -4.5M | 5.4M | 7.7M | 4.1M | 2.9M | 2.8M | 1.3M | 13.8M | 8.1M | 451,900 | 327,800 | 178,500 | -- |
| Equity Attributable | 779.0M | 816.0M | 783.0M | 787.0M | 347.0M | 283.0M | 226.0M | 150.0M | 65.8M | 43.6M | 26.1M | 10.6M | 5.6M |
| Total Equity | 775.0M | 821.0M | 791.0M | 791.0M | 349.0M | 285.0M | 227.0M | 164.0M | 73.9M | 44.0M | 26.4M | 10.8M | 5.6M |
| 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 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 342.0M | 351.0M | 298.0M | 331.0M | 270.0M | 275.0M | 247.0M | 199.0M | 106.0M | 62.8M | 54.5M | 35.4M | 14.0M |
| Tax Refunds Received | 5.5M | 8.5M | 5.3M | 5.4M | 2.0M | 1.0M | 733,700 | 317,000 | 188,200 | 123,600 | 101,800 | -- | -- |
| Total Operating Cash Inflow | 386.0M | 393.0M | 328.0M | 359.0M | 288.0M | 283.0M | 253.0M | 207.0M | 109.0M | 63.4M | 55.8M | 35.9M | 14.0M |
| Cash Paid For Goods | 143.0M | 161.0M | 126.0M | 164.0M | 102.0M | 87.0M | 92.7M | 84.0M | 48.7M | 33.5M | 31.9M | 23.9M | 10.2M |
| Cash Paid To Employees | 109.0M | 105.0M | 89.8M | 75.3M | 57.9M | 57.4M | 44.9M | 28.2M | 8.0M | 4.5M | 3.0M | 2.8M | 2.1M |
| Taxes Paid | 18.2M | 32.0M | 20.4M | 20.7M | 33.6M | 31.9M | 30.8M | 25.5M | 8.6M | 6.1M | 6.2M | 2.0M | 446,600 |
| Total Operating Cash Outflow | 342.0M | 357.0M | 290.0M | 304.0M | 229.0M | 213.0M | 199.0M | 165.0M | 77.4M | 52.1M | 48.4M | 33.4M | 15.9M |
| Operating Cash Flow | 43.6M | 36.4M | 38.5M | 55.1M | 58.6M | 70.3M | 54.4M | 41.3M | 31.6M | 11.3M | 7.4M | 2.5M | -1.9M |
| Total Investing Cash Inflow | 1.1B | 1.4B | 1.7B | 728.0M | 468.0M | 771.0M | 493.0M | 171.0M | 116.0M | 46.2M | 81,900 | -- | 0.00 |
| Total Investing Cash Outflow | 1.1B | 1.4B | 1.8B | 1.2B | 423.0M | 857.0M | 532.0M | 225.0M | 156.0M | 62.1M | 2.4M | 752,700 | 801,500 |
| Investing Cash Flow | 4.2M | -28.7M | -103.0M | -435.0M | 45.1M | -86.0M | -39.0M | -53.9M | -40.1M | -15.9M | -2.3M | -752,700 | -801,500 |
| Cash From Borrowings | 3.0M | 27.9M | 12.1M | 70.4M | 6.0M | 38.0M | 25.0M | 14.0M | 24.0M | 11.5M | 3.0M | 1.5M | -- |
| Dividends And Interest Paid | 32.3M | 3.5M | 34.7M | 1.7M | 1.1M | 10.6M | 8.0M | 8.3M | 5.1M | 151,400 | 141,600 | 52,700 | -- |
| Debt Repayments | 27.4M | 10.6M | 12.6M | 35.0M | 13.9M | 34.5M | 13.0M | 30.0M | 6.5M | 5.0M | 3.0M | 1.5M | -- |
| Total Financing Cash Inflow | 5.8M | 31.9M | 14.4M | 479.0M | 6.0M | 40.8M | 50.0M | 57.9M | 25.1M | 11.5M | 3.0M | 1.8M | 4.7M |
| Total Financing Cash Outflow | 66.3M | 19.0M | 50.8M | 56.8M | 15.0M | 45.9M | 39.2M | 38.3M | 11.6M | 5.2M | 3.9M | 1.6M | 0.00 |
| Financing Cash Flow | -60.4M | 12.9M | -36.3M | 422.0M | -9.0M | -5.0M | 10.8M | 19.6M | 13.5M | 6.3M | -879,600 | 197,300 | 4.7M |
| Net Change In Cash | -12.2M | 21.3M | -97.8M | 41.7M | 93.1M | -20.5M | 26.3M | 6.8M | 5.0M | 1.8M | 4.2M | 1.9M | 2.0M |
| Ending Cash Balance | 74.1M | 86.4M | 65.1M | 163.0M | 121.0M | 28.1M | 48.6M | 22.3M | 15.4M | 10.4M | 8.6M | 4.5M | 2.5M |
| Capex | 45.4M | 63.2M | 70.7M | 75.6M | 45.8M | 28.6M | 19.6M | 26.8M | 16.3M | 6.7M | 425,600 | 752,700 | 801,500 |