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 | 549.0M | 509.0M | 560.0M | 655.0M | 409.0M | 292.0M | 399.0M | 302.0M | 234.0M | 203.0M | 210.0M |
| Revenue Growth % | 7.9% | -9.1% | -14.5% | 60.1% | 40.1% | -26.8% | 32.1% | 29.1% | 15.3% | -3.3% | -- |
| Total Revenue | 549.0M | 509.0M | 560.0M | 655.0M | 409.0M | 292.0M | 399.0M | 302.0M | 234.0M | 203.0M | 210.0M |
| Cost Of Revenue | 402.0M | 375.0M | 436.0M | 502.0M | 291.0M | 211.0M | 291.0M | 210.0M | 150.0M | 139.0M | 153.0M |
| Gross Profit | 147.0M | 134.0M | 124.0M | 153.0M | 118.0M | 81.0M | 108.0M | 92.0M | 84.0M | 64.0M | 57.0M |
| Gross Margin % | 26.8% | 26.3% | 22.1% | 23.4% | 28.9% | 27.7% | 27.1% | 30.5% | 35.9% | 31.5% | 27.1% |
| Total Operating Cost | 496.0M | 458.0M | 503.0M | 572.0M | 350.0M | 260.0M | 341.0M | 268.0M | 188.0M | 170.0M | 180.0M |
| Selling Expenses | 9.8M | 9.5M | 8.2M | 5.3M | 7.4M | 8.3M | 9.8M | 6.2M | 8.0M | 5.1M | 3.8M |
| Admin Expenses | 33.1M | 31.1M | 32.8M | 32.8M | 26.6M | 21.2M | 22.0M | 26.6M | 30.0M | 24.7M | 20.0M |
| Rd Expenses | 46.0M | 39.7M | 30.1M | 22.9M | 15.1M | 15.0M | 13.5M | 11.9M | -- | -- | -- |
| Finance Expenses | -13.2M | -9.8M | -6.5M | 3.2M | 1.7M | 316,800 | -496,600 | 6.1M | -4.1M | -1.1M | 1.0M |
| Operating Income | 60.4M | 63.5M | 72.0M | 91.5M | 66.3M | 39.2M | 62.1M | 40.7M | 46.3M | 33.5M | 30.2M |
| Operating Margin % | 11.0% | 12.5% | 12.9% | 14.0% | 16.2% | 13.4% | 15.6% | 13.5% | 19.8% | 16.5% | 14.4% |
| Non Operating Income | 2.3M | 1.3M | 413,300 | 1.5M | 214,600 | 522,500 | 357,700 | 108,000 | 1.6M | 1.1M | 849,500 |
| Non Operating Expenses | 250,200 | 92,500 | 128,800 | 12,300 | 38,800 | 8,100 | 42,500 | 86,100 | 99,200 | 864,800 | 94,600 |
| Investment Income | -1.5M | 2.8M | 536,800 | -- | 776,900 | 185,200 | -- | -31,200 | -- | -- | -- |
| Fair Value Change Income | -374,600 | 480,800 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -24,100 | 23,800 | -142,600 | 139,400 | -97,600 | 119,200 | -264,600 | -126,200 | -- | -- | -- |
| Asset Impairment Loss | 6.2M | 5.1M | -447,800 | -1.3M | 2.7M | 1.1M | 55,400 | 2.8M | 724,300 | -112,800 | 632,100 |
| Other Income | 9.0M | 9.7M | 14.5M | 8.5M | 6.9M | 7.4M | 4.6M | 6.1M | -- | -- | -- |
| Income Before Tax | 62.4M | 64.6M | 72.3M | 93.0M | 66.5M | 39.7M | 62.4M | 40.7M | 47.9M | 33.8M | 31.0M |
| Income Tax | 10.4M | 3.9M | 6.7M | 10.9M | 8.4M | 4.6M | 8.0M | 5.9M | 6.4M | 4.8M | 4.4M |
| Net Income | 52.0M | 60.7M | 65.6M | 82.1M | 58.1M | 35.1M | 54.4M | 34.8M | 41.4M | 29.0M | 26.6M |
| Net Margin % | 9.5% | 11.9% | 11.7% | 12.5% | 14.2% | 12.0% | 13.6% | 11.5% | 17.7% | 14.3% | 12.7% |
| Net Income Attributable | 52.9M | 62.6M | 65.7M | 82.1M | 58.1M | 35.1M | 54.4M | 34.8M | 41.4M | 29.0M | 26.6M |
| Minority Interest | -895,400 | -1.9M | -107,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.73 | 0.85 | 1.00 | 1.49 | 1.06 | 0.64 | 0.99 | 0.65 | 0.81 | 0.58 | 0.53 |
| Eps Diluted | 0.73 | 0.85 | 1.00 | 1.49 | 1.06 | 0.64 | 0.99 | 0.65 | -- | 0.58 | 0.53 |
| 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 | 51.9M | 176.0M | 237.0M | 64.2M | 43.4M | 80.4M | 61.6M | 52.1M | 103.0M | 56.7M | 39.0M |
| Trading Financial Assets | 105.0M | 160.0M | 190.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 123.0M | 78.8M | 83.9M | 138.0M | 98.1M | 72.9M | 78.8M | 81.6M | 53.9M | 43.6M | 46.0M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 33.3M | 13.3M | 4.6M | 9.7M | 3.2M |
| Notes And Accounts Receivable | 123.0M | 78.8M | 83.9M | 138.0M | 98.1M | 72.9M | 112.0M | 95.0M | 58.5M | 53.3M | 49.2M |
| Prepayments | 2.1M | 3.4M | 982,500 | 1.4M | 1.7M | 782,000 | 602,100 | 1.5M | 1.3M | 501,300 | 189,500 |
| Inventory | 136.0M | 99.7M | 120.0M | 148.0M | 104.0M | 58.6M | 50.1M | 53.0M | 41.8M | 33.0M | 37.0M |
| Total Current Assets | 483.0M | 565.0M | 677.0M | 382.0M | 283.0M | 232.0M | 227.0M | 204.0M | 205.0M | 156.0M | 126.0M |
| Long Term Equity Investment | 308,600 | 1.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 214.0M | 226.0M | 131.0M | 126.0M | 128.0M | 34.1M | 34.1M | 34.7M | 35.9M | 39.9M |
| Fixed Assets Total | 207.0M | 214.0M | 226.0M | 131.0M | 126.0M | 128.0M | 34.1M | 34.1M | 34.7M | 35.9M | 39.9M |
| Construction In Progress | -- | 6.1M | 38.3M | 93.9M | 10.3M | 2.9M | 72.0M | 30.8M | 64,600 | 24,900 | 33,600 |
| Construction In Progress Total | 1.3M | 6.1M | 38.3M | 93.9M | 10.3M | 2.9M | 72.0M | 30.8M | 64,600 | 24,900 | 33,600 |
| Intangible Assets | 56.1M | 57.8M | 75.5M | 77.3M | 78.7M | 80.8M | 82.7M | 83.8M | 51.4M | 7.2M | 7.4M |
| Long Term Deferred Expenses | -- | 7,500 | 71,500 | 882,900 | 1.7M | 2.8M | 226,500 | 356,000 | -- | -- | 2,800 |
| Total Non Current Assets | 737.0M | 629.0M | 358.0M | 318.0M | 235.0M | 230.0M | 206.0M | 164.0M | 98.2M | 58.2M | 81.7M |
| Total Assets | 1.2B | 1.2B | 1.0B | 700.0M | 519.0M | 462.0M | 433.0M | 367.0M | 303.0M | 214.0M | 208.0M |
| Short Term Borrowings | 77.0M | 133.0M | -- | 19.4M | 28.3M | 33.6M | 32.0M | 25.0M | 46.8M | 15.0M | 25.0M |
| Accounts Payable | 110.0M | 54.0M | 72.0M | 105.0M | 64.0M | 49.6M | 35.3M | 30.1M | 27.3M | 21.7M | 22.0M |
| Advance Receipts | 1.4M | 822,200 | -- | 22,500 | 122,900 | 2.8M | 2.7M | 3.0M | 2.6M | 2.6M | 839,100 |
| Contract Liabilities | 8.2M | 4.1M | 2.8M | 1.8M | 1.2M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 266.0M | 245.0M | 101.0M | 195.0M | 160.0M | 139.0M | 121.0M | 103.0M | 104.0M | 57.1M | 71.4M |
| Long Term Borrowings | -- | -- | -- | 62.0M | -- | -- | 10.0M | 13.3M | -- | -- | -- |
| Total Non Current Liabilities | 26.1M | 25.2M | 30.4M | 93.5M | 29.1M | 28.6M | 36.9M | 32.0M | 13.7M | -- | -- |
| Total Liabilities | 292.0M | 270.0M | 131.0M | 288.0M | 189.0M | 168.0M | 158.0M | 136.0M | 118.0M | 57.1M | 71.4M |
| Paid In Capital | 73.4M | 73.4M | 73.4M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M | 52.0M | 50.0M | 8.0M |
| Capital Reserve | 531.0M | 531.0M | 531.0M | 123.0M | 123.0M | 123.0M | 123.0M | 123.0M | 104.0M | 97.7M | 1.3M |
| Surplus Reserve | 36.7M | 36.7M | 36.7M | 31.6M | 24.0M | 18.1M | 14.5M | 9.1M | 5.6M | 1.5M | 4.3M |
| Retained Earnings | 309.0M | 285.0M | 263.0M | 202.0M | 127.0M | 97.3M | 82.3M | 44.4M | 24.1M | 7.5M | 123.0M |
| Minority Equity | -- | -2.0M | -107,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 929.0M | 926.0M | 904.0M | 411.0M | 329.0M | 294.0M | 275.0M | 232.0M | 185.0M | 157.0M | 137.0M |
| Total Equity | 929.0M | 924.0M | 904.0M | 411.0M | 329.0M | 294.0M | 275.0M | 232.0M | 185.0M | 157.0M | 137.0M |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 469.0M | 471.0M | 556.0M | 573.0M | 349.0M | 304.0M | 358.0M | 257.0M | 238.0M | 220.0M | 198.0M |
| Tax Refunds Received | 3.7M | 4.7M | 2.8M | 7.7M | 2.9M | 1.4M | 794,300 | 1.2M | 198,600 | 392,000 | 354,400 |
| Total Operating Cash Inflow | 499.0M | 505.0M | 588.0M | 601.0M | 360.0M | 318.0M | 376.0M | 269.0M | 250.0M | 232.0M | 205.0M |
| Cash Paid For Goods | 307.0M | 247.0M | 333.0M | 417.0M | 237.0M | 157.0M | 206.0M | 163.0M | 132.0M | 120.0M | 123.0M |
| Cash Paid To Employees | 101.0M | 94.7M | 90.9M | 92.1M | 66.7M | 56.3M | 64.5M | 51.9M | 41.1M | 36.8M | 33.4M |
| Taxes Paid | 18.6M | 31.4M | 27.7M | 19.0M | 17.2M | 13.6M | 25.0M | 15.9M | 12.5M | 12.2M | 10.9M |
| Total Operating Cash Outflow | 451.0M | 405.0M | 482.0M | 559.0M | 337.0M | 244.0M | 314.0M | 249.0M | 212.0M | 190.0M | 176.0M |
| Operating Cash Flow | 47.5M | 100.0M | 106.0M | 42.2M | 22.8M | 73.6M | 61.6M | 20.2M | 37.5M | 42.5M | 28.6M |
| Total Investing Cash Inflow | 278.0M | 723.0M | 92.7M | 477,400 | 227.0M | 99.0M | 73,000 | 5.7M | 25.8M | 23.6M | 77,900 |
| Total Investing Cash Outflow | 352.0M | 975.0M | 352.0M | 76.0M | 249.0M | 136.0M | 41.2M | 71.4M | 47.1M | 21.4M | 2.9M |
| Investing Cash Flow | -73.5M | -251.0M | -259.0M | -75.5M | -21.9M | -37.1M | -41.1M | -65.7M | -21.3M | 2.2M | -2.8M |
| Cash From Borrowings | 82.0M | 133.0M | -- | 117.0M | 60.9M | 33.6M | 42.0M | 89.5M | 50.0M | 15.0M | 25.0M |
| Dividends And Interest Paid | 31.6M | 41.3M | 2.1M | 2.4M | 23.8M | 18.5M | 13.7M | 13.1M | 22.1M | 10.3M | 9.4M |
| Debt Repayments | 138.0M | -- | 84.8M | 60.2M | 76.2M | 42.0M | 35.0M | 91.2M | 18.3M | 25.0M | 35.0M |
| Total Financing Cash Inflow | 82.0M | 133.0M | 443.0M | 122.0M | 60.9M | 33.6M | 68.1M | 109.0M | 54.5M | 15.0M | 25.0M |
| Total Financing Cash Outflow | 190.0M | 42.0M | 98.5M | 69.8M | 104.0M | 60.5M | 48.7M | 131.0M | 40.4M | 35.3M | 44.4M |
| Financing Cash Flow | -108.0M | 90.9M | 345.0M | 52.1M | -43.6M | -26.9M | 19.5M | -21.8M | 14.1M | -20.3M | -19.4M |
| Net Change In Cash | -133.0M | -59.2M | 194.0M | 18.4M | -42.7M | 10.0M | 41.0M | -71.5M | 31.1M | 26.4M | 6.3M |
| Ending Cash Balance | 39.7M | 173.0M | 232.0M | 37.8M | 19.4M | 62.1M | 52.1M | 11.1M | 82.6M | 51.5M | 25.1M |
| Capex | 9.9M | 30.7M | 69.6M | 76.0M | 22.9M | 37.6M | 41.2M | 71.4M | 46.6M | 9.6M | 2.9M |