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 | 607.0M | 463.0M | 435.0M | 480.0M | 367.0M | 319.0M | 278.0M | 247.0M |
| Revenue Growth % | 31.1% | 6.4% | -9.4% | 30.8% | 15.0% | 14.7% | 12.6% | -- |
| Total Revenue | 607.0M | 463.0M | 435.0M | 480.0M | 367.0M | 319.0M | 278.0M | 247.0M |
| Cost Of Revenue | 459.0M | 334.0M | 317.0M | 344.0M | 242.0M | 202.0M | 186.0M | 165.0M |
| Gross Profit | 148.0M | 129.0M | 118.0M | 136.0M | 125.0M | 117.0M | 92.0M | 82.0M |
| Gross Margin % | 24.4% | 27.9% | 27.1% | 28.3% | 34.1% | 36.7% | 33.1% | 33.2% |
| Total Operating Cost | 613.0M | 452.0M | 387.0M | 419.0M | 305.0M | 257.0M | 232.0M | 219.0M |
| Selling Expenses | 21.6M | 14.3M | 8.6M | 9.9M | 7.6M | 14.5M | 12.7M | 11.7M |
| Admin Expenses | 60.5M | 55.2M | 34.9M | 32.0M | 26.1M | 19.9M | 16.5M | 25.8M |
| Rd Expenses | 44.9M | 33.2M | 25.6M | 22.3M | 18.5M | 15.8M | 11.4M | 10.1M |
| Finance Expenses | 5.4M | 3.3M | -758,700 | 3.2M | 5.2M | 1.3M | 1.1M | 3.1M |
| Operating Income | -2.7M | 16.9M | 55.2M | 63.9M | 66.9M | 63.2M | 46.4M | 30.3M |
| Operating Margin % | -0.4% | 3.6% | 12.7% | 13.3% | 18.2% | 19.8% | 16.7% | 12.3% |
| Non Operating Income | 485,100 | 49,000 | 96,100 | 307,500 | 493,300 | 1.2M | 256,800 | 60,300 |
| Non Operating Expenses | 397,100 | 17.0M | 228,600 | 2.6M | 1.2M | 96,200 | 627,900 | 157,000 |
| Investment Income | -- | 3.5M | 1.3M | -- | 5,014 | -4,355 | -165,900 | -9,881 |
| Asset Disposal Income | -188,100 | -1.9M | 50,700 | -445,000 | -437,400 | -559,000 | 78,200 | -15,800 |
| Asset Impairment Loss | 11.5M | 3.7M | 499,900 | 987,400 | 349,800 | 202,600 | 711,000 | 89,300 |
| Other Income | 3.7M | 5.2M | 6.5M | 3.2M | 4.6M | 1.3M | 987,600 | 1.7M |
| Income Before Tax | -2.6M | -89,900 | 55.1M | 61.7M | 66.1M | 64.2M | 46.0M | 30.2M |
| Income Tax | 3.7M | -586,700 | 4.3M | 7.2M | 11.0M | 14.8M | 3.8M | 5.7M |
| Net Income | -6.3M | 496,900 | 50.8M | 54.5M | 55.1M | 49.4M | 42.2M | 24.5M |
| Net Margin % | -1.0% | 0.1% | 11.7% | 11.3% | 15.0% | 15.5% | 15.2% | 9.9% |
| Net Income Attributable | 10.4M | 4.8M | 50.8M | 54.5M | 55.1M | 49.4M | 42.2M | 24.5M |
| Minority Interest | -16.7M | -4.3M | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.07 | 0.03 | 0.56 | 1.00 | 1.08 | 1.04 | 0.89 | 0.52 |
| Eps Diluted | 0.07 | 0.03 | 0.56 | 1.00 | 1.08 | 1.04 | 0.89 | -- |
| 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 | 58.7M | 72.8M | 148.0M | 28.3M | 51.7M | 11.1M | 38.8M | 14.6M |
| Trading Financial Assets | -- | -- | 50.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 81.4M | 40.1M | 15.5M | 55.5M | 22.3M | 16.4M | 21.0M | 16.1M |
| Notes And Accounts Receivable | 81.4M | 40.1M | 15.5M | 55.5M | 22.3M | 16.4M | 21.0M | 16.1M |
| Prepayments | 4.3M | 11.1M | 19.4M | 4.5M | 3.0M | 2.3M | 2.4M | 1.3M |
| Inventory | 132.0M | 125.0M | 82.0M | 93.3M | 76.1M | 61.2M | 59.2M | 48.7M |
| Total Current Assets | 325.0M | 309.0M | 331.0M | 198.0M | 160.0M | 95.7M | 129.0M | 81.6M |
| Long Term Equity Investment | -- | -- | 767,400 | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 548.0M | 92.1M | 96.5M | 90.7M | 82.8M | 59.0M | 57.1M |
| Fixed Assets Total | 530.0M | 549.0M | 92.2M | 96.6M | 90.9M | 82.9M | 59.0M | 57.1M |
| Construction In Progress | -- | 16.5M | 203.0M | 100.0M | 7.2M | -- | -- | -- |
| Construction In Progress Total | 10.3M | 16.5M | 203.0M | 100.0M | 7.2M | -- | -- | -- |
| Intangible Assets | 125.0M | 149.0M | 78.2M | 74.8M | 77.5M | 68.3M | 13.0M | 13.2M |
| Long Term Deferred Expenses | 3.8M | 4.1M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 738.0M | 760.0M | 388.0M | 287.0M | 183.0M | 158.0M | 78.2M | 73.9M |
| Total Assets | 1.1B | 1.1B | 719.0M | 485.0M | 343.0M | 254.0M | 208.0M | 155.0M |
| Short Term Borrowings | 30.0M | 63.1M | 9.8M | 83.1M | 17.0M | 50.1M | 50.8M | 24.7M |
| Accounts Payable | 112.0M | 121.0M | 35.8M | 38.5M | 37.3M | 31.0M | 22.8M | 21.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.1M | 5.1M | 3.1M |
| Contract Liabilities | 14.5M | 20.6M | 14.5M | 18.0M | 12.0M | -- | -- | -- |
| Total Current Liabilities | 241.0M | 277.0M | 78.0M | 157.0M | 81.1M | 121.0M | 95.4M | 63.3M |
| Long Term Borrowings | 152.0M | 107.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 155.0M | 131.0M | 13.8M | 14.8M | 5.3M | 3.4M | 1.8M | 984,400 |
| Total Liabilities | 396.0M | 407.0M | 91.9M | 172.0M | 86.4M | 125.0M | 97.2M | 64.3M |
| Paid In Capital | 142.0M | 101.0M | 72.4M | 54.3M | 54.3M | 47.5M | 47.5M | 47.5M |
| Capital Reserve | 398.0M | 419.0M | 442.0M | 117.0M | 115.0M | 35.6M | 12.1M | 10.7M |
| Surplus Reserve | 24.5M | 23.4M | 20.7M | 16.2M | 10.5M | 4.5M | 9.8M | 5.6M |
| Retained Earnings | 40.7M | 34.4M | 90.2M | 124.0M | 74.9M | 39.7M | 39.3M | 26.3M |
| Minority Equity | 63.7M | 80.5M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 603.0M | 582.0M | 627.0M | 313.0M | 257.0M | 130.0M | 110.0M | 91.2M |
| Total Equity | 667.0M | 662.0M | 627.0M | 313.0M | 257.0M | 130.0M | 110.0M | 91.2M |
| 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 | 583.0M | 474.0M | 496.0M | 475.0M | 380.0M | 341.0M | 290.0M | 258.0M |
| Tax Refunds Received | 44.7M | 13.3M | 18.9M | 19.7M | 9.0M | 4.9M | 1.3M | 180,800 |
| Total Operating Cash Inflow | 639.0M | 495.0M | 523.0M | 500.0M | 396.0M | 348.0M | 293.0M | 262.0M |
| Cash Paid For Goods | 395.0M | 299.0M | 291.0M | 340.0M | 233.0M | 177.0M | 177.0M | 160.0M |
| Cash Paid To Employees | 139.0M | 105.0M | 85.3M | 79.7M | 62.6M | 53.4M | 43.2M | 39.9M |
| Taxes Paid | 28.9M | 13.7M | 9.5M | 11.6M | 17.5M | 12.9M | 11.2M | 12.9M |
| Total Operating Cash Outflow | 616.0M | 455.0M | 413.0M | 457.0M | 334.0M | 266.0M | 252.0M | 232.0M |
| Operating Cash Flow | 22.2M | 39.4M | 110.0M | 43.1M | 61.2M | 81.9M | 41.7M | 29.9M |
| Total Investing Cash Inflow | 33,200 | 136.0M | 95.0M | 753,500 | 860,700 | 2.2M | 3.1M | 559,000 |
| Total Investing Cash Outflow | 71.5M | 377.0M | 273.0M | 125.0M | 53.9M | 84.2M | 19.9M | 16.2M |
| Investing Cash Flow | -71.5M | -241.0M | -178.0M | -124.0M | -53.0M | -82.0M | -16.8M | -15.6M |
| Cash From Borrowings | 188.0M | 242.0M | 64.0M | 88.0M | 48.0M | 65.0M | 90.7M | 45.0M |
| Dividends And Interest Paid | 11.2M | 62.0M | 82.6M | 1.6M | 16.8M | 28.3M | 26.8M | 25.1M |
| Debt Repayments | 154.0M | 49.8M | 137.0M | 22.0M | 81.0M | 65.8M | 64.6M | 20.3M |
| Total Financing Cash Inflow | 203.0M | 243.0M | 440.0M | 88.0M | 133.0M | 65.0M | 90.7M | 55.2M |
| Total Financing Cash Outflow | 170.0M | 117.0M | 254.0M | 29.6M | 99.2M | 94.1M | 91.4M | 65.6M |
| Financing Cash Flow | 32.2M | 126.0M | 186.0M | 58.4M | 33.8M | -29.1M | -697,500 | -10.4M |
| Net Change In Cash | -14.2M | -74.8M | 119.0M | -23.4M | 40.8M | -28.0M | 24.2M | 2.8M |
| Ending Cash Balance | 58.7M | 72.8M | 148.0M | 28.3M | 51.7M | 10.8M | 38.8M | 14.6M |
| Capex | 71.5M | 164.0M | 132.0M | 125.0M | 42.9M | 13.0M | 11.6M | 9.3M |