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 | 1.4B | 1.5B | 1.5B | 1.2B | 1.2B | 1.3B | 1.1B | 790.0M |
| Revenue Growth % | -10.0% | 5.0% | 24.1% | -3.0% | -10.1% | 23.4% | 38.2% | -- |
| Total Revenue | 1.4B | 1.5B | 1.5B | 1.2B | 1.2B | 1.3B | 1.1B | 790.0M |
| Cost Of Revenue | 1.2B | 1.3B | 1.3B | 1.0B | 1.0B | 1.2B | 964.0M | 697.0M |
| Gross Profit | 197.0M | 234.0M | 180.0M | 157.0M | 195.0M | 177.0M | 128.0M | 93.0M |
| Gross Margin % | 14.3% | 15.3% | 12.3% | 13.4% | 16.1% | 13.1% | 11.7% | 11.8% |
| Total Operating Cost | 1.4B | 1.4B | 1.4B | 1.1B | 1.1B | 1.3B | 1.0B | 764.0M |
| Selling Expenses | 29.2M | 32.6M | 22.3M | 21.9M | 19.4M | 28.7M | 24.8M | 30.0M |
| Admin Expenses | 53.4M | 46.8M | 37.5M | 36.1M | 33.8M | 31.7M | 17.8M | 23.4M |
| Rd Expenses | 30.6M | 28.6M | 27.2M | 10.7M | 10.4M | 9.6M | 7.3M | 6.4M |
| Finance Expenses | 14.7M | 15.1M | -629,400 | 3.5M | 11.7M | 9.3M | 6.2M | 4.3M |
| Operating Income | 20.2M | 88.7M | 88.5M | 80.0M | 119.0M | 92.0M | 68.6M | 25.5M |
| Operating Margin % | 1.5% | 5.8% | 6.1% | 6.8% | 9.8% | 6.8% | 6.3% | 3.2% |
| Non Operating Income | 1.3M | 447,200 | 3.9M | 4.4M | 1.5M | 342,600 | 548,300 | 65,000 |
| Non Operating Expenses | 305,800 | 8,700 | 29,400 | 7,800 | 346,900 | 193,000 | 14,600 | 2.1M |
| Investment Income | 612,500 | 2.0M | 1.6M | 44,200 | 280,800 | 752,700 | -- | -- |
| Fair Value Change Income | -- | -- | -- | 184,600 | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | 36,400 | 3,000 | -11,700 | -- | -- | -- |
| Asset Impairment Loss | 29.2M | 312,200 | 16,200 | 33,800 | -- | -- | 597,300 | 1.1M |
| Other Income | 930,800 | 2.0M | 3.1M | 1.0M | 1.6M | 568,300 | 5,900 | -- |
| Income Before Tax | 21.3M | 89.1M | 92.5M | 84.4M | 120.0M | 92.2M | 69.2M | 23.5M |
| Income Tax | -6.2M | 11.2M | 11.9M | 13.8M | 21.2M | 16.5M | 13.2M | 9.9M |
| Net Income | 27.4M | 77.9M | 80.5M | 70.6M | 99.1M | 75.7M | 55.9M | 13.6M |
| Net Margin % | 2.0% | 5.1% | 5.5% | 6.0% | 8.2% | 5.6% | 5.1% | 1.7% |
| Net Income Attributable | 27.5M | 77.9M | 80.5M | 70.6M | 99.1M | 75.7M | 55.9M | 13.6M |
| Minority Interest | -90,600 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.32 | 0.96 | 1.01 | 1.12 | 1.65 | 1.26 | 0.96 | 0.23 |
| Eps Diluted | 0.32 | 0.96 | 1.01 | 1.12 | 1.65 | -- | -- | -- |
| 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 | 473.0M | 442.0M | 375.0M | 224.0M | 197.0M | 238.0M | 154.0M | 80.7M |
| Trading Financial Assets | -- | -- | -- | 212.0M | -- | 30.8M | -- | -- |
| Accounts Receivable | 585.0M | 763.0M | 548.0M | 509.0M | 305.0M | 405.0M | 155.0M | 141.0M |
| Notes Receivable | 11.6M | 17.5M | 11.3M | 976,100 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 597.0M | 781.0M | 559.0M | 509.0M | 305.0M | 405.0M | 155.0M | 141.0M |
| Prepayments | 224.0M | 292.0M | 39.9M | 31.1M | 14.1M | 4.9M | 2.2M | 1.3M |
| Inventory | 332.0M | 345.0M | 102.0M | 53.8M | 52.6M | 141.0M | 90.2M | 38.1M |
| Total Current Assets | 1.7B | 2.1B | 1.1B | 1.1B | 581.0M | 838.0M | 418.0M | 281.0M |
| Long Term Equity Investment | 1.2M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 7.9M | 7.7M | 5.6M | 7.5M | 5.7M | 5.0M | 3.1M |
| Fixed Assets Total | 160.0M | 7.9M | 7.7M | 5.6M | 7.5M | 5.7M | 5.0M | 3.1M |
| Intangible Assets | 273,000 | 485,200 | 738,800 | 1.0M | 1.5M | 595,500 | 205,200 | 287,300 |
| Long Term Deferred Expenses | 5.1M | 1.4M | 1.9M | 248,100 | 371,900 | 254,700 | 570,800 | 590,600 |
| Total Non Current Assets | 222.0M | 39.3M | 18.7M | 14.6M | 10.7M | 8.2M | 6.2M | 4.4M |
| Total Assets | 2.0B | 2.1B | 1.1B | 1.1B | 592.0M | 846.0M | 424.0M | 286.0M |
| Short Term Borrowings | 369.0M | 431.0M | 6.5M | 30.9M | 64.0M | 197.0M | 96.2M | 57.6M |
| Accounts Payable | 128.0M | 175.0M | 72.0M | 84.5M | 72.5M | 316.0M | 111.0M | 73.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 20.9M | 19.3M | 9.7M |
| Contract Liabilities | 85.9M | 7.4M | 22.2M | 22.2M | 5.7M | -- | -- | -- |
| Total Current Liabilities | 781.0M | 1.0B | 331.0M | 273.0M | 240.0M | 572.0M | 247.0M | 154.0M |
| Total Non Current Liabilities | 108.0M | 617,600 | 2.4M | 1.9M | 1,600 | 1,600 | -- | -- |
| Total Liabilities | 889.0M | 1.0B | 333.0M | 275.0M | 240.0M | 572.0M | 247.0M | 154.0M |
| Paid In Capital | 86.8M | 86.8M | 80.0M | 80.0M | 60.0M | 60.0M | 58.1M | 58.1M |
| Capital Reserve | 719.0M | 719.0M | 470.0M | 470.0M | 120.0M | 120.0M | 45.9M | 45.9M |
| Surplus Reserve | 29.5M | 27.3M | 20.1M | 13.4M | 10.1M | 5.1M | 8.2M | 4.7M |
| Retained Earnings | 269.0M | 268.0M | 207.0M | 234.0M | 166.0M | 88.2M | 64.9M | 22.5M |
| Minority Equity | 749,400 | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 779.0M | 791.0M | 352.0M | 274.0M | 177.0M | 131.0M |
| Total Equity | 1.1B | 1.1B | 779.0M | 791.0M | 352.0M | 274.0M | 177.0M | 131.0M |
| 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 | 2.6B | 1.8B | 1.6B | 1.1B | 1.4B | 1.3B | 1.2B | 889.0M |
| Tax Refunds Received | 1.3M | 2.4M | 323,900 | 208,000 | 10,700 | 87,000 | -- | -- |
| Total Operating Cash Inflow | 2.6B | 1.9B | 1.7B | 1.1B | 1.4B | 1.3B | 1.3B | 896.0M |
| Cash Paid For Goods | 1.9B | 2.0B | 1.3B | 898.0M | 1.1B | 1.1B | 1.1B | 772.0M |
| Cash Paid To Employees | 314.0M | 305.0M | 279.0M | 229.0M | 182.0M | 131.0M | 68.6M | 45.5M |
| Taxes Paid | 45.1M | 47.5M | 41.4M | 38.2M | 36.3M | 29.9M | 28.3M | 21.0M |
| Total Operating Cash Outflow | 2.4B | 2.4B | 1.6B | 1.2B | 1.3B | 1.3B | 1.2B | 864.0M |
| Operating Cash Flow | 199.0M | -556.0M | 41.1M | -87.3M | 74.5M | 14.6M | 47.9M | 32.0M |
| Total Investing Cash Inflow | 208.0M | 262.0M | 222.0M | 16.4M | 41.2M | 1.9M | 10.8M | 5.9M |
| Total Investing Cash Outflow | 385.0M | 280.0M | 17.9M | 230.0M | 16.5M | 42.2M | 7.2M | 15.3M |
| Investing Cash Flow | -177.0M | -18.4M | 204.0M | -213.0M | 24.7M | -40.3M | 3.6M | -9.3M |
| Cash From Borrowings | 570.0M | 587.0M | 166.0M | 190.0M | 244.0M | 376.0M | 262.0M | 79.9M |
| Dividends And Interest Paid | 37.3M | 14.6M | 102.0M | 3.5M | 23.1M | 8.8M | 16.4M | 2.7M |
| Debt Repayments | 497.0M | 169.0M | 192.0M | 225.0M | 363.0M | 292.0M | 224.0M | 65.3M |
| Total Financing Cash Inflow | 571.0M | 842.0M | 166.0M | 580.0M | 248.0M | 428.0M | 274.0M | 121.0M |
| Total Financing Cash Outflow | 574.0M | 190.0M | 301.0M | 246.0M | 395.0M | 319.0M | 253.0M | 110.0M |
| Financing Cash Flow | -3.2M | 652.0M | -136.0M | 334.0M | -147.0M | 109.0M | 21.2M | 10.9M |
| Net Change In Cash | 19.9M | 80.7M | 118.0M | 31.3M | -52.6M | 83.8M | 73.7M | 33.6M |
| Ending Cash Balance | 435.0M | 415.0M | 335.0M | 217.0M | 185.0M | 238.0M | 154.0M | 80.6M |
| Capex | 168.0M | 435,800 | 7.5M | 1.5M | 6.5M | 4.1M | 3.0M | 1.6M |