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 | 1.1B | 926.0M | 729.0M | 549.0M | 396.0M | 376.0M | 340.0M | 325.0M |
| Revenue Growth % | 22.5% | 27.0% | 32.8% | 38.6% | 5.3% | 10.6% | 4.6% | -- |
| Total Revenue | 1.1B | 926.0M | 729.0M | 549.0M | 396.0M | 376.0M | 340.0M | 325.0M |
| Cost Of Revenue | 880.0M | 690.0M | 587.0M | 396.0M | 264.0M | 230.0M | 210.0M | 179.0M |
| Gross Profit | 254.0M | 236.0M | 142.0M | 153.0M | 132.0M | 146.0M | 130.0M | 146.0M |
| Gross Margin % | 22.4% | 25.5% | 19.5% | 27.9% | 33.3% | 38.8% | 38.2% | 44.9% |
| Total Operating Cost | 1.1B | 833.0M | 676.0M | 507.0M | 342.0M | 311.0M | 270.0M | 267.0M |
| Selling Expenses | 39.7M | 42.7M | 28.8M | 49.0M | 30.2M | 46.4M | 32.8M | 27.6M |
| Admin Expenses | 49.5M | 35.1M | 26.8M | 25.1M | 19.6M | 17.9M | 15.8M | 39.2M |
| Rd Expenses | 65.1M | 50.3M | 39.1M | 24.3M | 14.5M | 17.1M | 15.0M | 11.7M |
| Finance Expenses | -4.8M | -5.6M | -18.8M | 3.4M | 7.2M | -4.5M | -8.9M | 4.3M |
| Operating Income | 88.9M | 100.0M | 54.6M | 44.7M | 57.1M | 66.0M | 72.9M | 63.0M |
| Operating Margin % | 7.8% | 10.8% | 7.5% | 8.1% | 14.4% | 17.6% | 21.4% | 19.4% |
| Non Operating Income | 500.00 | 9,800 | 3.0M | 9,300 | 1,200 | 198,800 | 1.3M | -- |
| Non Operating Expenses | 747,300 | 1.5M | 598,300 | 283,500 | 505,400 | 92,100 | 219,900 | 1.6M |
| Investment Income | -1.7M | -1.7M | -815,500 | -- | 5,600 | -167,500 | -- | 6,785 |
| Fair Value Change Income | -- | -- | -- | -- | 127,100 | -127,100 | 39,100 | -- |
| Asset Disposal Income | 1,000 | 7,300 | 5,900 | 47,300 | -- | 40,900 | 64,100 | -65,400 |
| Asset Impairment Loss | 13.8M | 9.7M | 6.1M | 3.1M | 1.5M | 1.0M | 1.9M | 479,400 |
| Other Income | 11.7M | 8.3M | 2.4M | 2.0M | 2.6M | 2.0M | 2.9M | 4.9M |
| Income Before Tax | 88.2M | 98.7M | 57.0M | 44.4M | 56.6M | 66.1M | 74.0M | 61.3M |
| Income Tax | 3.3M | 8.1M | 4.7M | 2.8M | 7.9M | 10.0M | 11.0M | 13.7M |
| Net Income | 84.9M | 90.5M | 52.3M | 41.6M | 48.7M | 56.1M | 63.0M | 47.6M |
| Net Margin % | 7.5% | 9.8% | 7.2% | 7.6% | 12.3% | 14.9% | 18.5% | 14.6% |
| Net Income Attributable | 85.6M | 90.9M | 52.3M | 41.6M | 48.7M | 56.1M | 63.0M | 45.3M |
| Minority Interest | -651,200 | -337,400 | -- | -- | -- | -- | -- | 2.3M |
| Eps Basic | 0.80 | 0.86 | 0.49 | 0.51 | 0.61 | 0.71 | 0.80 | 0.60 |
| Eps Diluted | 0.80 | 0.86 | 0.49 | 0.51 | 0.61 | 0.71 | 0.80 | 0.60 |
| 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 | 403.0M | 507.0M | 312.0M | 321.0M | 128.0M | 153.0M | 158.0M | 135.0M |
| Trading Financial Assets | 50.1M | 50.1M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 300.0M | 291.0M | 261.0M | 198.0M | 141.0M | 92.9M | 87.2M | 71.0M |
| Notes Receivable | 9.7M | 14.5M | 8.4M | 700,000 | 1.7M | 223,100 | 3.8M | 9.9M |
| Notes And Accounts Receivable | 310.0M | 305.0M | 269.0M | 199.0M | 143.0M | 93.1M | 91.0M | 80.9M |
| Prepayments | 3.7M | 3.0M | 2.8M | 1.3M | 432,900 | 601,800 | 654,300 | 399,000 |
| Inventory | 168.0M | 160.0M | 163.0M | 144.0M | 75.2M | 53.9M | 44.6M | 42.7M |
| Total Current Assets | 991.0M | 1.1B | 755.0M | 772.0M | 363.0M | 314.0M | 300.0M | 262.0M |
| Long Term Equity Investment | 13.4M | 18.4M | 21.2M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 270.0M | 236.0M | 179.0M | 140.0M | 117.0M | 59.8M | 31.4M |
| Fixed Assets Total | 472.0M | 270.0M | 236.0M | 179.0M | 140.0M | 117.0M | 59.8M | 31.4M |
| Construction In Progress | -- | 86.2M | 22.0M | 1.8M | 22.2M | 895,000 | 3.0M | 3.3M |
| Construction In Progress Total | 322.0M | 86.2M | 22.0M | 1.8M | 22.2M | 895,000 | 3.0M | 3.3M |
| Intangible Assets | 133.0M | 74.1M | 39.1M | 30.2M | 29.8M | 30.3M | 30.4M | 31.1M |
| Long Term Deferred Expenses | 14.2M | 13.6M | 14.9M | 11.3M | 10.5M | 7.4M | 2.5M | 719,700 |
| Total Non Current Assets | 1.0B | 505.0M | 380.0M | 237.0M | 207.0M | 161.0M | 106.0M | 70.7M |
| Total Assets | 2.0B | 1.6B | 1.1B | 1.0B | 570.0M | 474.0M | 406.0M | 332.0M |
| Short Term Borrowings | 109.0M | 78.9M | 75.9M | 35.0M | -- | -- | -- | -- |
| Accounts Payable | 277.0M | 194.0M | 153.0M | 110.0M | 101.0M | 55.6M | 53.8M | 48.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 201,000 | 82,500 | 80,700 |
| Contract Liabilities | 751,500 | 459,000 | 446,700 | 835,700 | 1.9M | -- | -- | -- |
| Total Current Liabilities | 445.0M | 325.0M | 294.0M | 192.0M | 127.0M | 96.2M | 79.1M | 62.8M |
| Long Term Borrowings | 150.0M | -- | -- | 15.2M | 10.0M | -- | -- | -- |
| Total Non Current Liabilities | 451.0M | 253.0M | 5.0M | 23.1M | 17.1M | 5.4M | 5.0M | 630,000 |
| Total Liabilities | 896.0M | 579.0M | 299.0M | 215.0M | 144.0M | 102.0M | 84.1M | 63.4M |
| Paid In Capital | 107.0M | 106.0M | 106.0M | 106.0M | 79.6M | 79.6M | 78.8M | 78.8M |
| Capital Reserve | 506.0M | 495.0M | 487.0M | 487.0M | 188.0M | 188.0M | 179.0M | 179.0M |
| Surplus Reserve | 39.1M | 29.9M | 21.8M | 17.9M | 14.0M | 9.2M | 4.7M | -- |
| Retained Earnings | 351.0M | 291.0M | 221.0M | 183.0M | 145.0M | 96.5M | 59.9M | 11.6M |
| Minority Equity | -- | 912,600 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.0B | 836.0M | 794.0M | 426.0M | 373.0M | 322.0M | 269.0M |
| Total Equity | 1.1B | 1.0B | 836.0M | 794.0M | 426.0M | 373.0M | 322.0M | 269.0M |
| 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 | 932.0M | 808.0M | 643.0M | 495.0M | 338.0M | 364.0M | 318.0M | 334.0M |
| Tax Refunds Received | 31.4M | 10.6M | 18.6M | 18.6M | 11.9M | 11.5M | 9.6M | 2.5M |
| Total Operating Cash Inflow | 984.0M | 838.0M | 667.0M | 518.0M | 360.0M | 380.0M | 336.0M | 342.0M |
| Cash Paid For Goods | 441.0M | 445.0M | 399.0M | 354.0M | 200.0M | 171.0M | 149.0M | 125.0M |
| Cash Paid To Employees | 229.0M | 184.0M | 149.0M | 113.0M | 76.1M | 75.0M | 65.8M | 54.0M |
| Taxes Paid | 39.9M | 24.4M | 13.8M | 15.6M | 10.0M | 19.4M | 18.1M | 27.7M |
| Total Operating Cash Outflow | 763.0M | 711.0M | 607.0M | 544.0M | 318.0M | 321.0M | 280.0M | 250.0M |
| Operating Cash Flow | 221.0M | 127.0M | 60.3M | -25.9M | 41.7M | 59.0M | 56.1M | 92.5M |
| Total Investing Cash Inflow | 668.0M | 324.0M | 909.0M | 246,000 | 5,600 | 93,000 | 149,000 | 17.8M |
| Total Investing Cash Outflow | 1.1B | 603.0M | 1.0B | 152.0M | 46.8M | 66.9M | 38.2M | 53.5M |
| Investing Cash Flow | -435.0M | -279.0M | -112.0M | -152.0M | -46.8M | -66.8M | -38.1M | -35.7M |
| Cash From Borrowings | 280.0M | 445.0M | 96.9M | 44.2M | 11.7M | 3.3M | -- | -- |
| Dividends And Interest Paid | 22.2M | 15.2M | 11.8M | 455,500 | 15.0M | 10.0M | -- | 26.0M |
| Debt Repayments | 99.0M | 95.7M | 73.2M | 2.6M | 1.1M | 3.3M | -- | 148,800 |
| Total Financing Cash Inflow | 291.0M | 447.0M | 96.9M | 424.0M | 11.7M | 12.9M | -- | 70.0M |
| Total Financing Cash Outflow | 132.0M | 122.0M | 89.6M | 54.8M | 21.7M | 13.3M | -- | 44.5M |
| Financing Cash Flow | 160.0M | 326.0M | 7.3M | 370.0M | -10.0M | -399,100 | -- | 25.5M |
| Net Change In Cash | -50.7M | 175.0M | -40.4M | 191.0M | -20.2M | -7.8M | 22.0M | 79.7M |
| Ending Cash Balance | 403.0M | 453.0M | 278.0M | 318.0M | 128.0M | 148.0M | 156.0M | 134.0M |
| Capex | 548.0M | 151.0M | 158.0M | 52.1M | 46.8M | 66.9M | 38.2M | 35.9M |