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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 505.0M | 495.0M | 400.0M | 552.0M | 384.0M | 447.0M | 481.0M | 311.0M | 178.0M | 168.0M |
| Revenue Growth % | 2.0% | 23.8% | -27.5% | 43.8% | -14.1% | -7.1% | 54.7% | 74.7% | 6.0% | -- |
| Total Revenue | 505.0M | 495.0M | 400.0M | 552.0M | 384.0M | 447.0M | 481.0M | 311.0M | 178.0M | 168.0M |
| Cost Of Revenue | 370.0M | 318.0M | 261.0M | 339.0M | 225.0M | 211.0M | 251.0M | 189.0M | 124.0M | 118.0M |
| Gross Profit | 135.0M | 177.0M | 139.0M | 213.0M | 159.0M | 236.0M | 230.0M | 122.0M | 54.0M | 50.0M |
| Gross Margin % | 26.7% | 35.8% | 34.8% | 38.6% | 41.4% | 52.8% | 47.8% | 39.2% | 30.3% | 29.8% |
| Total Operating Cost | 431.0M | 355.0M | 302.0M | 392.0M | 263.0M | 285.0M | 312.0M | 235.0M | 157.0M | 150.0M |
| Selling Expenses | 1.7M | 1.7M | 1.9M | 1.2M | 729,500 | 6.4M | 6.9M | 6.1M | 4.5M | 4.2M |
| Admin Expenses | 44.9M | 35.6M | 40.2M | 31.4M | 23.9M | 46.6M | 26.7M | 23.9M | 25.7M | 27.0M |
| Rd Expenses | 29.0M | 25.9M | 19.8M | 18.0M | 12.5M | 16.2M | 15.7M | 11.1M | -- | -- |
| Finance Expenses | -23.6M | -34.9M | -23.9M | -811,200 | -1.4M | 580,200 | 661,100 | 548,600 | 1.1M | 746,500 |
| Operating Income | 67.3M | 32.7M | 110.0M | 168.0M | 126.0M | 167.0M | 171.0M | 76.2M | 21.3M | 17.9M |
| Operating Margin % | 13.3% | 6.6% | 27.5% | 30.4% | 32.8% | 37.4% | 35.6% | 24.5% | 11.9% | 10.7% |
| Non Operating Income | 1.0M | 749,300 | 14.7M | 231,400 | 5.2M | 3.3M | 7.3M | 5.6M | 1.3M | 3.2M |
| Non Operating Expenses | 3.3M | 3.4M | 3.6M | 572,200 | 1.5M | 3.8M | 5.1M | 1.2M | 30,000 | 349,400 |
| Investment Income | 1.2M | 8.7M | 5.8M | 3.4M | 3.4M | 3.4M | 1.1M | 100,200 | -- | -- |
| Fair Value Change Income | -14.6M | -118.0M | 4.1M | 2.7M | 1.1M | 86,600 | -- | -- | -- | -- |
| Asset Disposal Income | 10,600 | -312,300 | -- | 800.00 | -- | 92.00 | -107,300 | -168,200 | -- | -- |
| Asset Impairment Loss | 6.6M | 6.7M | 662,500 | -- | 27,700 | 39,200 | 6.0M | 1.0M | -92,100 | -1.0M |
| Other Income | 7.1M | 1.9M | 2.1M | 1.1M | 650,100 | 1.2M | 768,400 | 293,600 | -- | -- |
| Income Before Tax | 65.1M | 30.1M | 121.0M | 167.0M | 129.0M | 167.0M | 173.0M | 80.7M | 22.5M | 20.8M |
| Income Tax | 12.1M | 9.1M | 20.7M | 24.8M | 19.3M | 27.6M | 27.3M | 13.4M | 8.0M | 8.3M |
| Net Income | 53.0M | 21.1M | 100.0M | 142.0M | 110.0M | 139.0M | 146.0M | 67.2M | 14.5M | 12.5M |
| Net Margin % | 10.5% | 4.3% | 25.0% | 25.7% | 28.6% | 31.1% | 30.4% | 21.6% | 8.1% | 7.5% |
| Net Income Attributable | 53.0M | 21.1M | 100.0M | 142.0M | 110.0M | 139.0M | 146.0M | 68.4M | 18.6M | 14.8M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -1.1M | -4.1M | -2.3M |
| Eps Basic | 0.25 | 0.10 | 0.47 | 0.88 | 0.68 | 0.87 | 0.92 | 0.58 | 0.46 | 2.96 |
| Eps Diluted | 0.25 | 0.10 | 0.47 | 0.88 | 0.68 | 0.87 | 0.92 | 0.58 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.1B | 1.3B | 1.3B | 1.5B | 11.9M | 118.0M | 43.3M | 9.7M | 12.6M | 6.6M |
| Trading Financial Assets | 152.0M | 157.0M | 355.0M | 197.0M | 159.0M | 53.1M | -- | -- | -- | -- |
| Accounts Receivable | 7.3M | 6.8M | 537,400 | 4.4M | 5.4M | 4.3M | 6.2M | 16.9M | 7.6M | 7.2M |
| Notes Receivable | 193.0M | 199.0M | 114.0M | 222.0M | 132.0M | 123.0M | 209.0M | 107.0M | 49.0M | 15.9M |
| Notes And Accounts Receivable | 201.0M | 206.0M | 114.0M | 226.0M | 137.0M | 128.0M | 216.0M | 124.0M | 56.6M | 23.1M |
| Prepayments | 3.4M | 1.6M | 8.4M | 5.1M | 1.8M | 2.3M | 991,500 | 2.3M | 845,200 | 356,900 |
| Inventory | 76.8M | 96.5M | 56.1M | 83.7M | 52.7M | 31.4M | 31.3M | 17.7M | 20.3M | 23.1M |
| Total Current Assets | 1.5B | 1.8B | 1.9B | 2.1B | 444.0M | 358.0M | 308.0M | 200.0M | 95.9M | 61.1M |
| Fixed Assets | -- | 145.0M | 107.0M | 114.0M | 112.0M | 96.7M | 97.2M | 79.2M | 86.4M | 39.4M |
| Fixed Assets Total | 525.0M | 145.0M | 107.0M | 114.0M | 112.0M | 96.7M | 97.2M | 79.2M | 86.4M | 39.4M |
| Construction In Progress | -- | 429.0M | 191.0M | 2.4M | 6.7M | 26.2M | 21.3M | 20.8M | 1.4M | 9.0M |
| Construction In Progress Total | 120.0M | 438.0M | 200.0M | 2.4M | 6.7M | 26.2M | 21.3M | 20.8M | 2.0M | 12.8M |
| Intangible Assets | 19.4M | 19.9M | 20.3M | 20.8M | 21.3M | 7.2M | 7.4M | 7.6M | 7.6M | 6.1M |
| Long Term Deferred Expenses | 5.3M | 3.2M | 2.1M | 1.0M | 1.3M | 1.8M | 1.1M | 701,100 | -- | -- |
| Total Non Current Assets | 708.0M | 632.0M | 367.0M | 147.0M | 149.0M | 140.0M | 137.0M | 126.0M | 111.0M | 70.7M |
| Total Assets | 2.2B | 2.5B | 2.2B | 2.2B | 593.0M | 498.0M | 445.0M | 326.0M | 207.0M | 132.0M |
| Short Term Borrowings | 50.0M | -- | -- | -- | -- | -- | 7.2M | 9.2M | 20.0M | 5.0M |
| Accounts Payable | 12.0M | 16.0M | 4.6M | 8.4M | 13.9M | 11.8M | 9.7M | 13.4M | 9.6M | 13.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 5.6M | 8.5M | 5.3M | 13.2M | 1.5M |
| Contract Liabilities | 2.1M | 3.8M | 3.5M | 1.2M | 4.1M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 286.0M | 422.0M | 149.0M | 193.0M | 139.0M | 158.0M | 173.0M | 114.0M | 177.0M | 117.0M |
| Long Term Borrowings | -- | -- | 47.0M | 47.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 4.9M | 5.4M | 54.2M | 53.5M | 6.9M | 2.8M | 685,300 | 343,300 | 364,200 | -- |
| Total Liabilities | 291.0M | 428.0M | 204.0M | 246.0M | 146.0M | 160.0M | 174.0M | 114.0M | 178.0M | 117.0M |
| Paid In Capital | 215.0M | 215.0M | 215.0M | 215.0M | 161.0M | 161.0M | 158.0M | 158.0M | 40.0M | 5.0M |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 1.4B | 26.5M | 26.5M | 5.1M | -2.4M | 3.3M | -- |
| Surplus Reserve | 91.5M | 83.4M | 79.1M | 67.2M | 51.9M | 40.3M | 24.2M | 7.8M | 1.8M | 1.8M |
| Retained Earnings | 389.0M | 376.0M | 391.0M | 335.0M | 208.0M | 109.0M | 82.9M | 48.1M | -8.9M | 10.8M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -7.0M | -2.9M |
| Equity Attributable | 1.9B | 2.0B | 2.0B | 2.0B | 447.0M | 337.0M | 271.0M | 212.0M | 36.1M | 17.5M |
| Total Equity | 1.9B | 2.0B | 2.0B | 2.0B | 447.0M | 337.0M | 271.0M | 212.0M | 29.2M | 14.7M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 219.0M | 250.0M | 222.0M | 238.0M | 125.0M | 330.0M | 222.0M | 177.0M | 189.0M | 201.0M |
| Tax Refunds Received | 12.1M | 675,500 | 6.9M | -- | -- | -- | -- | 140,500 | -- | -- |
| Total Operating Cash Inflow | 240.0M | 269.0M | 254.0M | 241.0M | 138.0M | 337.0M | 233.0M | 185.0M | 221.0M | 224.0M |
| Cash Paid For Goods | 187.0M | 141.0M | 13.4M | 29.1M | 19.2M | 14.2M | 16.9M | 58.2M | 142.0M | 143.0M |
| Cash Paid To Employees | 80.8M | 64.2M | 65.0M | 50.7M | 41.9M | 40.4M | 35.7M | 21.2M | 14.9M | 10.7M |
| Taxes Paid | 30.1M | 22.5M | 59.1M | 45.0M | 39.2M | 69.5M | 56.1M | 37.5M | 17.1M | 19.6M |
| Total Operating Cash Outflow | 317.0M | 255.0M | 160.0M | 139.0M | 110.0M | 152.0M | 136.0M | 181.0M | 253.0M | 195.0M |
| Operating Cash Flow | -77.3M | 14.0M | 94.7M | 101.0M | 27.8M | 186.0M | 97.5M | 3.9M | -32.8M | 28.6M |
| Total Investing Cash Inflow | 1.3B | 1.1B | 625.0M | 349.0M | 98.4M | 288.0M | 145.0M | 10.1M | -- | -- |
| Total Investing Cash Outflow | 1.4B | 1.2B | 1.4B | 383.0M | 216.0M | 329.0M | 119.0M | 63.8M | 24.4M | 28.4M |
| Investing Cash Flow | -74.5M | -71.7M | -784.0M | -34.6M | -117.0M | -41.5M | 26.0M | -53.7M | -24.4M | -28.4M |
| Cash From Borrowings | 52.8M | 32.0M | -- | 47.0M | -- | -- | -- | 9.2M | 19.3M | 5.0M |
| Dividends And Interest Paid | 33.2M | 34.1M | 34.0M | 1.3M | 12.6M | 84.0M | 95.2M | 644,100 | 1.2M | 829,300 |
| Debt Repayments | 49.8M | 32.0M | -- | -- | -- | 7.2M | 2.0M | 20.0M | 9.3M | 10.3M |
| Total Financing Cash Inflow | 52.8M | 32.0M | -- | 1.4B | -- | 21.6M | 7.6M | 70.2M | 76.3M | 5.0M |
| Total Financing Cash Outflow | 204.0M | 76.9M | 45.8M | 8.7M | 16.5M | 91.3M | 97.3M | 20.7M | 10.5M | 11.1M |
| Financing Cash Flow | -151.0M | -44.9M | -45.8M | 1.4B | -16.5M | -69.7M | -89.7M | 49.6M | 65.8M | -6.1M |
| Net Change In Cash | -303.0M | -103.0M | -735.0M | 1.5B | -106.0M | 74.4M | 33.9M | -247,000 | 8.7M | -5.8M |
| Ending Cash Balance | 378.0M | 681.0M | 783.0M | 1.5B | 11.9M | 118.0M | 43.3M | 9.4M | 9.7M | 959,300 |
| Capex | 48.5M | 79.7M | 106.0M | 4.2M | 15.8M | 3.2M | 5.3M | 7.5M | 17.9M | 21.5M |