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 | 1.7B | 2.1B | 2.4B | 2.2B | 1.5B | 1.0B | 903.0M | 749.0M | 631.0M | 500.0M | 337.0M |
| Revenue Growth % | -19.1% | -11.8% | 6.5% | 45.9% | 45.5% | 15.2% | 20.6% | 18.7% | 26.2% | 48.4% | -- |
| Total Revenue | 1.7B | 2.1B | 2.4B | 2.2B | 1.5B | 1.0B | 903.0M | 749.0M | 631.0M | 500.0M | 337.0M |
| Cost Of Revenue | 1.4B | 1.7B | 2.0B | 1.9B | 1.3B | 893.0M | 824.0M | 657.0M | 548.0M | 435.0M | 301.0M |
| Gross Profit | 285.0M | 340.0M | 364.0M | 348.0M | 216.0M | 147.0M | 79.0M | 92.0M | 83.0M | 65.0M | 36.0M |
| Gross Margin % | 17.0% | 16.4% | 15.5% | 15.8% | 14.3% | 14.1% | 8.7% | 12.3% | 13.2% | 13.0% | 10.7% |
| Total Operating Cost | 1.6B | 2.0B | 2.2B | 2.0B | 1.4B | 987.0M | 899.0M | 707.0M | 594.0M | 464.0M | 324.0M |
| Selling Expenses | 20.6M | 20.2M | 21.3M | 18.4M | 18.0M | 12.0M | 8.4M | 7.4M | 5.2M | 4.5M | 3.6M |
| Admin Expenses | 39.5M | 43.7M | 43.9M | 36.4M | 24.7M | 18.9M | 14.7M | 38.5M | 32.7M | 24.2M | 18.3M |
| Rd Expenses | 148.0M | 140.0M | 105.0M | 100.0M | 70.9M | 54.7M | 40.1M | -- | -- | -- | -- |
| Finance Expenses | -9.0M | -8.0M | 166,500 | 2.1M | -4.2M | 1.8M | 2.3M | -446,300 | 2.8M | -1.2M | -1.0M |
| Operating Income | 117.0M | 152.0M | 216.0M | 183.0M | 106.0M | 59.2M | 7.0M | 44.5M | 37.8M | 35.6M | 13.3M |
| Operating Margin % | 7.0% | 7.3% | 9.2% | 8.3% | 7.0% | 5.7% | 0.8% | 5.9% | 6.0% | 7.1% | 3.9% |
| Non Operating Income | 8,300 | 974,300 | 139,900 | 246,900 | 395,800 | 109,500 | 984,100 | 892,200 | 1.6M | 643,800 | 347,000 |
| Non Operating Expenses | 410,900 | 903,800 | 787,900 | 449,000 | 606,800 | 207,100 | 551,500 | 220,100 | 226,100 | 50,200 | 142,000 |
| Investment Income | 10.4M | 3.7M | 3.2M | 596,800 | 1.5M | 1.6M | 219,800 | -- | -- | -55,400 | 4,551 |
| Fair Value Change Income | -- | -- | -- | -- | -- | -- | -- | -- | -- | 82,500 | 43,400 |
| Asset Disposal Income | 91,500 | 464,200 | -- | -- | -- | -- | -- | -78,200 | -191,900 | -71,400 | -- |
| Asset Impairment Loss | 1.6M | 3.5M | 2.0M | 2.5M | 4.0M | 375,600 | 8.3M | 1.4M | 3.1M | 635,000 | 1.2M |
| Other Income | 22.3M | 23.2M | 20.8M | 10.2M | 7.6M | 4.3M | 2.7M | 1.9M | -- | -- | -- |
| Income Before Tax | 116.0M | 152.0M | 215.0M | 182.0M | 106.0M | 59.1M | 7.4M | 45.2M | 39.1M | 36.2M | 13.5M |
| Income Tax | -93,800 | 8.0M | 19.4M | 13.5M | 9.9M | 4.0M | -2.4M | 4.9M | 4.8M | 4.5M | 1.5M |
| Net Income | 117.0M | 144.0M | 196.0M | 169.0M | 96.2M | 55.1M | 9.8M | 40.3M | 34.4M | 31.7M | 11.9M |
| Net Margin % | 7.0% | 6.9% | 8.3% | 7.7% | 6.4% | 5.3% | 1.1% | 5.4% | 5.4% | 6.3% | 3.5% |
| Net Income Attributable | 117.0M | 144.0M | 196.0M | 169.0M | 96.2M | 55.1M | 9.8M | 40.3M | 34.4M | 31.7M | 11.9M |
| Minority Interest | -992,700 | -661,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.69 | 2.08 | 3.16 | 4.22 | 2.40 | 1.38 | 0.25 | 1.01 | 0.86 | -- | -- |
| Eps Diluted | 1.69 | 2.08 | 3.16 | 4.22 | 2.40 | 1.38 | 0.25 | 1.01 | 0.86 | -- | -- |
| 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 | 955.0M | 1.0B | 1.2B | 193.0M | 226.0M | 85.9M | 61.6M | 78.3M | 41.9M | 62.1M | 16.4M |
| Trading Financial Assets | 391.0M | 246.0M | 3.0M | -- | 2.8M | 27.1M | -- | -- | -- | -- | 151,300 |
| Accounts Receivable | 272.0M | 375.0M | 238.0M | 403.0M | 171.0M | 157.0M | 102.0M | 114.0M | 95.3M | 49.5M | 43.0M |
| Notes Receivable | 70,300 | -- | -- | 52.5M | 49.5M | 148,600 | 2.1M | 1.7M | 5.5M | -- | -- |
| Notes And Accounts Receivable | 272.0M | 375.0M | 238.0M | 455.0M | 221.0M | 157.0M | 104.0M | 115.0M | 101.0M | 49.5M | 43.0M |
| Prepayments | 2.1M | 1.8M | 1.8M | 3.3M | 522,500 | 569,400 | 244,700 | 1.2M | 508,700 | 252,000 | 290,600 |
| Inventory | 375.0M | 412.0M | 594.0M | 793.0M | 459.0M | 353.0M | 250.0M | 219.0M | 184.0M | 119.0M | 83.8M |
| Total Current Assets | 2.0B | 2.1B | 2.1B | 1.5B | 923.0M | 632.0M | 471.0M | 418.0M | 328.0M | 232.0M | 145.0M |
| Fixed Assets | -- | 188.0M | 200.0M | 162.0M | 96.1M | 77.9M | 45.4M | 37.8M | 24.4M | 18.2M | 19.8M |
| Fixed Assets Total | 184.0M | 188.0M | 200.0M | 162.0M | 96.1M | 77.9M | 45.4M | 37.8M | 24.4M | 18.2M | 19.8M |
| Intangible Assets | 4.3M | 4.3M | 5.1M | 4.2M | 3.7M | 3.8M | 2.9M | 3.0M | 2.8M | 178,400 | 207,500 |
| Long Term Deferred Expenses | 4.7M | 9.0M | 8.3M | -- | -- | 300,200 | 987,100 | 1.7M | -- | -- | -- |
| Total Non Current Assets | 299.0M | 308.0M | 309.0M | 215.0M | 108.0M | 89.2M | 53.0M | 44.9M | 28.4M | 19.2M | 20.5M |
| Total Assets | 2.3B | 2.4B | 2.4B | 1.7B | 1.0B | 721.0M | 524.0M | 463.0M | 356.0M | 251.0M | 165.0M |
| Short Term Borrowings | -- | -- | -- | 49.5M | 64.5M | -- | 29.3M | -- | -- | -- | -- |
| Accounts Payable | 363.0M | 428.0M | 444.0M | 856.0M | 508.0M | 393.0M | 263.0M | 241.0M | 214.0M | 144.0M | 92.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 730,100 | 593,900 | 781,500 | 534,700 | 253,500 | 2.5M |
| Contract Liabilities | 173,600 | 370,500 | 308,200 | 27,600 | 142,100 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 499.0M | 607.0M | 713.0M | 1.1B | 681.0M | 476.0M | 340.0M | 290.0M | 224.0M | 153.0M | 99.1M |
| Total Non Current Liabilities | 99.4M | 84.4M | 93.9M | 45.4M | 15.7M | 8.1M | 1.6M | -- | -- | -- | -- |
| Total Liabilities | 598.0M | 691.0M | 807.0M | 1.2B | 697.0M | 484.0M | 342.0M | 290.0M | 224.0M | 153.0M | 99.1M |
| Paid In Capital | 69.3M | 69.3M | 53.3M | 40.0M | 40.0M | 40.0M | 40.0M | 40.0M | 40.0M | 10.0M | 10.0M |
| Capital Reserve | 910.0M | 910.0M | 926.0M | 57.9M | 57.9M | 57.9M | 57.9M | 57.9M | 57.9M | -- | -- |
| Surplus Reserve | 40.3M | 40.3M | 40.3M | 40.3M | 23.5M | 14.0M | 8.4M | 7.5M | 3.4M | 5.1M | 5.1M |
| Retained Earnings | 699.0M | 651.0M | 560.0M | 364.0M | 212.0M | 126.0M | 76.1M | 67.2M | 30.9M | 82.8M | 51.0M |
| Minority Equity | -1.7M | -661,200 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.7B | 1.7B | 1.6B | 503.0M | 334.0M | 237.0M | 182.0M | 173.0M | 132.0M | 97.9M | 66.1M |
| Total Equity | 1.7B | 1.7B | 1.6B | 503.0M | 334.0M | 237.0M | 182.0M | 173.0M | 132.0M | 97.9M | 66.1M |
| 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 | 2.0B | 2.2B | 2.8B | 2.2B | 1.6B | 1.1B | 1.0B | 825.0M | 664.0M | 562.0M | 389.0M |
| Tax Refunds Received | 809,900 | 8.6M | -- | -- | -- | -- | -- | -- | -- | 191,300 | 5.3M |
| Total Operating Cash Inflow | 2.0B | 2.2B | 2.8B | 2.2B | 1.7B | 1.1B | 1.0B | 828.0M | 665.0M | 562.0M | 395.0M |
| Cash Paid For Goods | 1.5B | 1.6B | 2.1B | 1.7B | 1.2B | 843.0M | 847.0M | 678.0M | 598.0M | 459.0M | 333.0M |
| Cash Paid To Employees | 217.0M | 188.0M | 182.0M | 178.0M | 132.0M | 84.7M | 72.6M | 61.3M | 48.2M | 39.6M | 34.5M |
| Taxes Paid | 50.1M | 91.5M | 75.6M | 49.0M | 35.7M | 20.9M | 9.4M | 13.2M | 16.3M | 9.0M | 1.5M |
| Total Operating Cash Outflow | 1.8B | 2.0B | 2.6B | 2.2B | 1.6B | 1.1B | 1.0B | 781.0M | 673.0M | 516.0M | 373.0M |
| Operating Cash Flow | 231.0M | 238.0M | 247.0M | 11.2M | 75.5M | 71.4M | 22.8M | 46.7M | -7.8M | 46.8M | 21.3M |
| Total Investing Cash Inflow | 1.3B | 542.0M | 3.8M | 6.4M | 28.7M | 51.7M | 245,900 | 85,700 | 13,000 | 178,400 | 4,551 |
| Total Investing Cash Outflow | 1.5B | 811.0M | 86.7M | 58.6M | 37.7M | 76.4M | 64.8M | 24.5M | 13.4M | 1.7M | 6.5M |
| Investing Cash Flow | -179.0M | -269.0M | -83.0M | -52.1M | -9.0M | -24.7M | -64.6M | -24.4M | -13.4M | -1.6M | -6.5M |
| Cash From Borrowings | -- | -- | 1.0M | 49.5M | 64.5M | 5.0M | 29.3M | -- | -- | -- | -- |
| Dividends And Interest Paid | 69.3M | 53.3M | 3,200 | 2.8M | -- | 189,400 | 528,900 | -- | -- | -- | 5.0M |
| Debt Repayments | -- | -- | 1.0M | 15.0M | -- | 34.3M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | 907.0M | 49.5M | 64.5M | 5.0M | 29.3M | -- | -- | -- | -- |
| Total Financing Cash Outflow | 120.0M | 113.0M | 91.5M | 54.2M | 6.8M | 34.5M | 528,900 | -- | -- | -- | 5.0M |
| Financing Cash Flow | -120.0M | -113.0M | 816.0M | -4.7M | 57.7M | -29.5M | 28.8M | -- | -- | -- | -5.0M |
| Net Change In Cash | -68.2M | -144.0M | 980.0M | -45.6M | 126.0M | 17.2M | -15.2M | 22.1M | -20.2M | 45.6M | 10.1M |
| Ending Cash Balance | 914.0M | 982.0M | 1.1B | 146.0M | 191.0M | 65.9M | 48.7M | 64.0M | 41.9M | 62.1M | 16.4M |
| Capex | 26.3M | 29.8M | 83.7M | 55.6M | 34.9M | 49.3M | 14.8M | 24.5M | 13.4M | 1.7M | 6.5M |