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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.1B | 1.2B | 1.2B | 1.1B | 849.0M | 787.0M | 604.0M | 432.0M | 342.0M | 232.0M | 162.0M | 109.0M |
| Revenue Growth % | -8.8% | 2.6% | 7.7% | 30.7% | 7.9% | 30.3% | 39.8% | 26.3% | 47.4% | 43.2% | 48.6% | -- |
| Total Revenue | 1.1B | 1.2B | 1.2B | 1.1B | 849.0M | 787.0M | 604.0M | 432.0M | 342.0M | 232.0M | 162.0M | 109.0M |
| Cost Of Revenue | 916.0M | 985.0M | 928.0M | 852.0M | 656.0M | 612.0M | 475.0M | 339.0M | 272.0M | 185.0M | 129.0M | 87.8M |
| Gross Profit | 202.0M | 241.0M | 267.0M | 258.0M | 193.0M | 175.0M | 129.0M | 93.0M | 70.0M | 47.0M | 33.0M | 21.2M |
| Gross Margin % | 18.1% | 19.7% | 22.3% | 23.2% | 22.7% | 22.2% | 21.4% | 21.5% | 20.5% | 20.3% | 20.4% | 19.4% |
| Total Operating Cost | 1.2B | 1.2B | 1.1B | 982.0M | 761.0M | 720.0M | 558.0M | 401.0M | 316.0M | 221.0M | 152.0M | 109.0M |
| Selling Expenses | 117.0M | 134.0M | 96.1M | 77.0M | 67.4M | 66.2M | 52.0M | 38.3M | 23.1M | 18.8M | 14.0M | 12.0M |
| Admin Expenses | 49.2M | 37.9M | 35.8M | 31.6M | 23.8M | 23.2M | 16.2M | 18.1M | 17.1M | 13.7M | 6.7M | 6.6M |
| Rd Expenses | 62.8M | 58.6M | 34.4M | 16.8M | 8.7M | 8.6M | 5.9M | 3.2M | -- | -- | -- | -- |
| Finance Expenses | -4.8M | -4.5M | -14.4M | -3.3M | -3.3M | 2.0M | 1.6M | 407,700 | 2.2M | 1.9M | 663,200 | 189,100 |
| Operating Income | 735,700 | 35.7M | 129.0M | 138.0M | 95.8M | 73.6M | 50.5M | 35.6M | 25.5M | 10.7M | 9.4M | 735,800 |
| Operating Margin % | 0.1% | 2.9% | 10.8% | 12.4% | 11.3% | 9.4% | 8.4% | 8.2% | 7.4% | 4.6% | 5.8% | 0.7% |
| Non Operating Income | 117,500 | 1,500 | 1,100 | 11,200 | 53,300 | 25,000 | 38,100 | 45,800 | 2.0M | 369,500 | 209,900 | 279,100 |
| Non Operating Expenses | 36,600 | 223,900 | 197,400 | 205,600 | 93,400 | 29,900 | 7,500 | 101,900 | 91,700 | 37,900 | 6,700 | 1,100 |
| Investment Income | 15.5M | 14.8M | 8.1M | -- | 912,000 | 580,100 | 662,200 | 606,400 | 87,600 | -- | 104,000 | 38,100 |
| Fair Value Change Income | 13.9M | 15.2M | 14.5M | -- | -215,800 | 215,800 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.2M | -3,500 | 25,800 | -236,800 | -- | -- | -3,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 566,300 | 10.4M | 2.1M | 280,100 | 1.3M | 354,300 | 4.8M | -176,700 | 540,600 | 690,400 | 887,300 | 1.4M |
| Other Income | 6.7M | 8.4M | 7.0M | 10.3M | 6.6M | 5.4M | 3.8M | 4.1M | -- | -- | -- | -- |
| Income Before Tax | 816,600 | 35.5M | 129.0M | 138.0M | 95.7M | 73.6M | 50.5M | 35.5M | 27.4M | 11.0M | 9.6M | 1.0M |
| Income Tax | -9.3M | -4.8M | 21.9M | 28.9M | 19.2M | 15.7M | 10.7M | 9.4M | 6.3M | 2.4M | 2.4M | 363,600 |
| Net Income | 10.1M | 40.3M | 107.0M | 109.0M | 76.5M | 57.9M | 39.9M | 26.1M | 21.1M | 8.6M | 7.2M | 650,300 |
| Net Margin % | 0.9% | 3.3% | 9.0% | 9.8% | 9.0% | 7.4% | 6.6% | 6.0% | 6.2% | 3.7% | 4.4% | 0.6% |
| Net Income Attributable | 10.1M | 40.3M | 107.0M | 109.0M | 76.5M | 57.9M | 39.9M | 26.1M | 21.1M | 8.6M | 7.2M | 650,300 |
| Eps Basic | 0.12 | 0.47 | 1.23 | 1.66 | 1.18 | 0.93 | 0.66 | 0.44 | 1.41 | 0.57 | 3.58 | 0.33 |
| Eps Diluted | 0.12 | 0.47 | 1.23 | 1.66 | 1.18 | 0.93 | 0.66 | 0.44 | -- | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 840.0M | 415.0M | 732.0M | 1.9B | 251.0M | 153.0M | 33.8M | 29.2M | 12.3M | 10.6M | 4.5M | 5.9M |
| Trading Financial Assets | 565.0M | 1.1B | 901.0M | -- | -- | 50.2M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 346.0M | 361.0M | 375.0M | 264.0M | 238.0M | 214.0M | 149.0M | 89.9M | 58.3M | 44.3M | 33.8M | 18.3M |
| Notes Receivable | 4.1M | 605,600 | 1.0M | 424,400 | 1.1M | 870,500 | 388,500 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 351.0M | 362.0M | 376.0M | 265.0M | 239.0M | 215.0M | 149.0M | 89.9M | 58.3M | 44.3M | 33.8M | 18.3M |
| Prepayments | 14.6M | 23.0M | 62.7M | 12.7M | 12.1M | 4.8M | 3.2M | 4.0M | 2.4M | 4.3M | 5.6M | 1.9M |
| Inventory | 130.0M | 202.0M | 168.0M | 77.4M | 44.6M | 37.8M | 31.2M | 15.3M | 9.0M | 5.2M | 5.7M | 3.3M |
| Total Current Assets | 1.9B | 2.1B | 2.3B | 2.3B | 550.0M | 464.0M | 308.0M | 199.0M | 123.0M | 82.3M | 54.6M | 36.1M |
| Fixed Assets | -- | 53.4M | 39.7M | 27.5M | 26.1M | 27.2M | 20.4M | 19.7M | 25.6M | 26.2M | 9.3M | 9.9M |
| Fixed Assets Total | 207.0M | 53.4M | 39.7M | 27.5M | 26.1M | 27.2M | 20.4M | 19.7M | 25.6M | 26.2M | 9.3M | 9.9M |
| Construction In Progress | -- | 118.0M | 39.4M | 2.2M | 424,200 | 1.1M | 386,200 | -- | -- | -- | -- | -- |
| Construction In Progress Total | 2.2M | 118.0M | 39.4M | 2.2M | 424,200 | 1.1M | 386,200 | -- | -- | -- | -- | -- |
| Intangible Assets | 10.5M | 8.5M | 7.5M | 6.1M | 861,300 | 956,600 | 161,000 | 45,900 | -- | -- | -- | -- |
| Long Term Deferred Expenses | 5.0M | 7.7M | 4.3M | 1.4M | 547,000 | 786,200 | 1.1M | 529,900 | 2.0M | 2.1M | 1.6M | -- |
| Total Non Current Assets | 372.0M | 302.0M | 176.0M | 57.7M | 40.9M | 40.5M | 36.7M | 30.6M | 29.6M | 29.8M | 11.5M | 10.3M |
| Total Assets | 2.3B | 2.4B | 2.5B | 2.3B | 591.0M | 505.0M | 345.0M | 230.0M | 152.0M | 112.0M | 66.1M | 46.4M |
| Short Term Borrowings | -- | -- | 80.0M | -- | 10.0M | 46.7M | 13.7M | -- | 22.6M | 6.4M | 3.5M | -- |
| Accounts Payable | 87.7M | 91.6M | 72.0M | 75.1M | 63.8M | 54.0M | 77.8M | 34.1M | 15.3M | 8.5M | 8.6M | 3.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 41.1M | 32.8M | 23.1M | 15.0M | 15.4M | 7.9M | 6.8M |
| Contract Liabilities | 69.4M | 74.3M | 80.7M | 69.2M | 60.4M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 223.0M | 242.0M | 295.0M | 218.0M | 185.0M | 175.0M | 153.0M | 77.7M | 65.5M | 43.1M | 39.7M | 25.1M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 7.0M | 10.5M | 2.0M | 4.0M |
| Total Non Current Liabilities | 18.9M | 32.6M | 31.9M | 6.4M | 1.1M | 212,600 | 518,300 | 824,000 | 7.0M | 10.5M | 2.0M | 4.0M |
| Total Liabilities | 242.0M | 274.0M | 327.0M | 225.0M | 186.0M | 175.0M | 153.0M | 78.5M | 72.5M | 53.6M | 41.7M | 29.1M |
| Paid In Capital | 86.7M | 86.7M | 86.7M | 86.7M | 65.0M | 65.0M | 60.0M | 60.0M | 15.0M | 15.0M | 2.0M | 2.0M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 1.7B | 141.0M | 141.0M | 46.4M | 46.4M | 38.1M | 38.1M | 500,000 | 500,000 |
| Surplus Reserve | 41.6M | 37.4M | 33.0M | 25.2M | 16.9M | 12.0M | 7.9M | 4.2M | 2.6M | 596,300 | 1.1M | 370,700 |
| Retained Earnings | 241.0M | 276.0M | 318.0M | 263.0M | 182.0M | 111.0M | 76.9M | 40.7M | 24.0M | 4.8M | 20.9M | 14.4M |
| Equity Attributable | 2.1B | 2.1B | 2.2B | 2.1B | 405.0M | 329.0M | 191.0M | 151.0M | 79.7M | 58.5M | 24.4M | 17.3M |
| Total Equity | 2.1B | 2.1B | 2.2B | 2.1B | 405.0M | 329.0M | 191.0M | 151.0M | 79.7M | 58.5M | 24.4M | 17.3M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.3B | 1.4B | 1.3B | 1.2B | 957.0M | 832.0M | 649.0M | 477.0M | 395.0M | 269.0M | 174.0M | 132.0M |
| Tax Refunds Received | 990,400 | 3.0M | 2.2M | -- | -- | 595,500 | -- | -- | 4,100 | 6,000 | -- | 2,100 |
| Total Operating Cash Inflow | 1.3B | 1.4B | 1.3B | 1.3B | 984.0M | 844.0M | 660.0M | 485.0M | 398.0M | 273.0M | 177.0M | 134.0M |
| Cash Paid For Goods | 951.0M | 1.2B | 1.2B | 1.0B | 738.0M | 694.0M | 523.0M | 383.0M | 324.0M | 215.0M | 153.0M | 106.0M |
| Cash Paid To Employees | 170.0M | 173.0M | 127.0M | 95.2M | 73.9M | 69.7M | 50.0M | 37.8M | 24.8M | 15.4M | 10.5M | 7.8M |
| Taxes Paid | 47.1M | 46.5M | 45.0M | 70.0M | 47.1M | 38.1M | 36.2M | 24.5M | 20.8M | 12.0M | 5.4M | 4.5M |
| Total Operating Cash Outflow | 1.2B | 1.5B | 1.4B | 1.2B | 892.0M | 834.0M | 633.0M | 464.0M | 383.0M | 266.0M | 184.0M | 128.0M |
| Operating Cash Flow | 76.0M | -22.7M | -143.0M | 59.0M | 92.2M | 9.6M | 26.8M | 20.9M | 14.5M | 6.9M | -6.8M | 5.6M |
| Total Investing Cash Inflow | 6.0B | 3.5B | 3.7B | 112,200 | 95.9M | 239.0M | 302.0M | 363.0M | 78.8M | -- | 6.1M | 38,100 |
| Total Investing Cash Outflow | 5.6B | 3.6B | 4.7B | 14.3M | 49.9M | 205.0M | 335.0M | 385.0M | 103.0M | 39.9M | 2.2M | 6.2M |
| Investing Cash Flow | 432.0M | -150.0M | -1.0B | -14.2M | 46.0M | 33.1M | -33.6M | -22.9M | -24.2M | -39.9M | 3.9M | -6.1M |
| Cash From Borrowings | 12,000 | -- | 80.0M | -- | 10.0M | 24.5M | 16.7M | 11.5M | 25.0M | 20.4M | 3.5M | -- |
| Dividends And Interest Paid | 40.7M | 78.8M | 44.3M | 20.2M | 382,100 | 20.7M | 232,300 | 1.2M | 1.1M | 1.1M | 450,600 | 457,200 |
| Debt Repayments | 12,000 | 80.0M | -- | 10.0M | 46.7M | 30.3M | 3.0M | 43.1M | 12.3M | 8.9M | 1.5M | 1.0M |
| Total Financing Cash Inflow | 12,000 | -- | 80.0M | 1.6B | 10.0M | 127.0M | 16.7M | 61.0M | 25.0M | 49.1M | 3.5M | -- |
| Total Financing Cash Outflow | 69.1M | 168.0M | 60.8M | 39.2M | 47.1M | 51.1M | 5.5M | 44.3M | 13.5M | 10.0M | 2.0M | 1.5M |
| Financing Cash Flow | -69.1M | -168.0M | 19.2M | 1.6B | -37.1M | 75.7M | 11.2M | 16.7M | 11.5M | 39.1M | 1.5M | -1.5M |
| Net Change In Cash | 439.0M | -340.0M | -1.1B | 1.6B | 102.0M | 117.0M | 3.5M | 15.2M | 1.7M | 6.1M | -1.4M | -2.0M |
| Ending Cash Balance | 832.0M | 393.0M | 732.0M | 1.9B | 251.0M | 148.0M | 31.1M | 27.6M | 12.3M | 10.6M | 4.5M | 5.9M |
| Capex | 71.2M | 63.2M | 61.5M | 14.3M | 4.9M | 5.5M | 6.3M | 3.0M | 1.8M | 19.6M | 2.2M | 172,700 |