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 | 501.0M | 562.0M | 472.0M | 524.0M | 468.0M | 410.0M | 290.0M | 231.0M | 251.0M | 191.0M | 163.0M |
| Revenue Growth % | -10.9% | 19.1% | -9.9% | 12.0% | 14.1% | 41.4% | 25.5% | -8.0% | 31.4% | 17.2% | -- |
| Total Revenue | 501.0M | 562.0M | 472.0M | 524.0M | 468.0M | 410.0M | 290.0M | 231.0M | 251.0M | 191.0M | 163.0M |
| Cost Of Revenue | 390.0M | 420.0M | 357.0M | 388.0M | 341.0M | 300.0M | 219.0M | 164.0M | 179.0M | 143.0M | 129.0M |
| Gross Profit | 111.0M | 142.0M | 115.0M | 136.0M | 127.0M | 110.0M | 71.0M | 67.0M | 72.0M | 48.0M | 34.0M |
| Gross Margin % | 22.2% | 25.3% | 24.4% | 26.0% | 27.1% | 26.8% | 24.5% | 29.0% | 28.7% | 25.1% | 20.9% |
| Total Operating Cost | 498.0M | 533.0M | 450.0M | 468.0M | 417.0M | 364.0M | 267.0M | 205.0M | 220.0M | 167.0M | 150.0M |
| Selling Expenses | 17.5M | 14.1M | 12.6M | 9.8M | 9.0M | 7.8M | 4.9M | 4.0M | 1.8M | 1.1M | 901,100 |
| Admin Expenses | 56.5M | 49.3M | 42.9M | 36.2M | 33.3M | 27.5M | 24.0M | 17.5M | 35.2M | 17.7M | 16.7M |
| Rd Expenses | 39.5M | 37.5M | 35.1M | 28.0M | 22.8M | 20.3M | 12.6M | 13.3M | -- | -- | -- |
| Finance Expenses | -11.9M | -13.3M | -12.4M | -945,600 | -147,200 | -44,500 | 844,200 | 457,800 | -85,000 | 421,700 | 530,600 |
| Operating Income | 12.9M | 41.5M | 39.3M | 71.5M | 60.1M | 48.9M | 27.2M | 28.4M | 30.9M | 24.7M | 13.0M |
| Operating Margin % | 2.6% | 7.4% | 8.3% | 13.7% | 12.8% | 11.9% | 9.4% | 12.3% | 12.3% | 12.9% | 8.0% |
| Non Operating Income | 950,800 | 34,000 | 12,000 | 1,200 | 31,900 | 1,800 | 133,200 | 10,800 | 61,300 | 953,800 | 740,900 |
| Non Operating Expenses | 108,200 | 529,000 | 182,400 | 523,700 | 1.5M | 37,000 | 83,200 | 17,900 | 156,900 | 157,900 | 165,500 |
| Investment Income | 755,500 | 186,400 | 1.0M | 447,900 | 416,800 | 392,800 | 150,500 | 232,200 | 219,400 | 837,800 | -32,900 |
| Fair Value Change Income | 1.5M | 1.9M | 780,400 | 5,400 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 7,100 | 1,800 | -- | -- | 10,600 | -- | -26,200 | -- | -- | -- |
| Asset Impairment Loss | 1.7M | 184,100 | 475,100 | -288,400 | -365,000 | -- | 3.1M | 4.8M | 3.2M | 2.6M | 1.4M |
| Other Income | 7.5M | 10.0M | 15.5M | 14.7M | 8.8M | 3.0M | 3.2M | 2.3M | -- | -- | -- |
| Income Before Tax | 13.8M | 41.0M | 39.1M | 71.0M | 58.6M | 48.9M | 27.2M | 28.4M | 30.8M | 25.5M | 13.6M |
| Income Tax | 956,700 | 1.9M | 30,700 | 8.8M | 6.5M | 4.0M | 1.1M | 2.8M | 2.3M | 3.3M | 2.0M |
| Net Income | 12.8M | 39.2M | 39.1M | 62.2M | 52.1M | 44.9M | 26.1M | 25.7M | 28.5M | 22.2M | 11.6M |
| Net Margin % | 2.6% | 7.0% | 8.3% | 11.9% | 11.1% | 11.0% | 9.0% | 11.1% | 11.4% | 11.6% | 7.1% |
| Net Income Attributable | 9.7M | 32.9M | 37.4M | 60.0M | 52.4M | 44.9M | 26.1M | 25.7M | 28.5M | 22.1M | 11.5M |
| Minority Interest | 3.1M | 6.3M | 1.7M | 2.2M | -272,200 | -- | -- | -- | -- | 34,700 | 121,000 |
| Eps Basic | 0.09 | 0.29 | 0.34 | 0.63 | 0.92 | 0.81 | 0.50 | 0.50 | 0.86 | 0.89 | 0.46 |
| Eps Diluted | 0.09 | 0.29 | 0.34 | 0.63 | 0.92 | 0.81 | 0.50 | 0.50 | 0.86 | 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 517.0M | 510.0M | 565.0M | 117.0M | 94.6M | 64.9M | 47.9M | 38.9M | 38.5M | 23.9M | 16.7M |
| Trading Financial Assets | 97.0M | 86.5M | 78.8M | 22.5M | 35.0M | 40.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 313.0M | 342.0M | 274.0M | 287.0M | 190.0M | 158.0M | 110.0M | 95.2M | 82.9M | 72.7M | 55.4M |
| Notes Receivable | 3.9M | 10.5M | 5.0M | 3.5M | 3.9M | 763,800 | 1.3M | 1.4M | 150,000 | 130,000 | 1.3M |
| Notes And Accounts Receivable | 317.0M | 352.0M | 279.0M | 290.0M | 194.0M | 159.0M | 111.0M | 96.7M | 83.1M | 72.9M | 56.7M |
| Prepayments | 2.4M | 2.8M | 1.3M | 2.0M | 477,500 | 3.6M | 7.4M | 6.4M | 11.5M | 5.6M | 4.0M |
| Inventory | 335.0M | 248.0M | 219.0M | 189.0M | 155.0M | 218.0M | 149.0M | 103.0M | 96.8M | 66.2M | 63.4M |
| Total Current Assets | 1.3B | 1.2B | 1.2B | 653.0M | 511.0M | 516.0M | 387.0M | 306.0M | 286.0M | 202.0M | 167.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 374,500 |
| Fixed Assets | -- | 50.8M | 50.6M | 51.8M | 53.8M | 55.5M | 55.2M | 56.6M | 1.4M | 1.3M | 948,500 |
| Fixed Assets Total | 50.3M | 50.8M | 50.6M | 51.8M | 53.8M | 55.5M | 55.2M | 56.6M | 1.4M | 1.3M | 948,500 |
| Construction In Progress | -- | 124.0M | 23.3M | -- | -- | -- | -- | -- | 47.5M | -- | -- |
| Construction In Progress Total | 186.0M | 124.0M | 23.3M | -- | -- | -- | -- | -- | 47.5M | -- | -- |
| Intangible Assets | 13.5M | 14.4M | 15.3M | 3.5M | 753,800 | 865,800 | 962,700 | 86,400 | -- | -- | -- |
| Long Term Deferred Expenses | 615,500 | 1.1M | 1.1M | 276,000 | 23,600 | 42,500 | 61,300 | 80,200 | -- | -- | -- |
| Total Non Current Assets | 280.0M | 217.0M | 109.0M | 77.2M | 75.7M | 61.0M | 59.3M | 60.1M | 50.7M | 2.7M | 2.3M |
| Total Assets | 1.6B | 1.5B | 1.3B | 730.0M | 587.0M | 577.0M | 446.0M | 367.0M | 337.0M | 205.0M | 169.0M |
| Short Term Borrowings | 1.6M | -- | -- | -- | -- | 100,000 | 5.0M | 33.1M | 10,000 | 100,000 | 8.0M |
| Accounts Payable | 281.0M | 272.0M | 204.0M | 199.0M | 141.0M | 131.0M | 128.0M | 81.5M | 93.5M | 58.9M | 47.1M |
| Advance Receipts | 1.1M | 757,400 | 396,900 | 233,800 | -- | 134.0M | 116.0M | 78.7M | 63.2M | 32.9M | 34.7M |
| Contract Liabilities | 212.0M | 164.0M | 109.0M | 108.0M | 95.2M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 548.0M | 484.0M | 360.0M | 385.0M | 305.0M | 353.0M | 291.0M | 238.0M | 196.0M | 129.0M | 112.0M |
| Long Term Borrowings | 80.9M | 16.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 82.4M | 17.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Liabilities | 630.0M | 502.0M | 360.0M | 385.0M | 305.0M | 353.0M | 291.0M | 238.0M | 196.0M | 129.0M | 112.0M |
| Paid In Capital | 114.0M | 114.0M | 114.0M | 57.0M | 57.0M | 56.9M | 51.8M | 51.8M | 37.0M | 25.0M | 25.0M |
| Capital Reserve | 569.0M | 569.0M | 569.0M | 83.4M | 83.4M | 82.1M | 63.2M | 63.2M | 74.8M | 120,400 | -- |
| Surplus Reserve | 23.8M | 22.6M | 18.0M | 16.4M | 11.4M | 7.0M | 3.3M | 3.1M | 1.7M | 5.0M | 2.8M |
| Retained Earnings | 233.0M | 229.0M | 207.0M | 181.0M | 126.0M | 77.8M | 36.6M | 10.7M | 27.1M | 45.4M | 25.3M |
| Minority Equity | 31.2M | 28.1M | 18.3M | 6.8M | 4.6M | -- | -- | -- | -- | -- | 4.1M |
| Equity Attributable | 940.0M | 936.0M | 909.0M | 338.0M | 278.0M | 224.0M | 155.0M | 129.0M | 141.0M | 75.6M | 53.1M |
| Total Equity | 971.0M | 964.0M | 927.0M | 344.0M | 282.0M | 224.0M | 155.0M | 129.0M | 141.0M | 75.6M | 57.2M |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 615.0M | 571.0M | 508.0M | 482.0M | 400.0M | 406.0M | 340.0M | 213.0M | 298.0M | 192.0M | 189.0M |
| Tax Refunds Received | 789,600 | 2.2M | 3.4M | 848,300 | 7.1M | 3.1M | 2.1M | -- | -- | 484,600 | 713,300 |
| Total Operating Cash Inflow | 662.0M | 631.0M | 577.0M | 547.0M | 478.0M | 472.0M | 395.0M | 284.0M | 318.0M | 201.0M | 195.0M |
| Cash Paid For Goods | 478.0M | 456.0M | 445.0M | 392.0M | 328.0M | 351.0M | 243.0M | 189.0M | 197.0M | 144.0M | 148.0M |
| Cash Paid To Employees | 76.7M | 68.5M | 61.9M | 50.5M | 41.5M | 35.6M | 26.9M | 20.8M | 21.5M | 7.9M | 9.2M |
| Taxes Paid | 17.9M | 15.6M | 27.6M | 32.7M | 14.9M | 9.7M | 18.4M | 6.0M | 16.2M | 4.3M | 3.6M |
| Total Operating Cash Outflow | 625.0M | 608.0M | 579.0M | 532.0M | 446.0M | 468.0M | 355.0M | 290.0M | 273.0M | 192.0M | 186.0M |
| Operating Cash Flow | 37.5M | 23.1M | -2.1M | 15.1M | 31.9M | 3.9M | 40.5M | -5.7M | 45.2M | 9.1M | 9.2M |
| Total Investing Cash Inflow | 181.0M | 79.5M | 133.0M | 179.0M | 140.0M | 63.4M | 34.3M | 44.4M | 62.6M | 239.0M | -- |
| Total Investing Cash Outflow | 269.0M | 170.0M | 220.0M | 169.0M | 137.0M | 74.8M | 41.0M | 57.6M | 131.0M | 237.0M | 5.8M |
| Investing Cash Flow | -88.2M | -90.3M | -87.3M | 10.2M | 3.7M | -11.4M | -6.8M | -13.2M | -68.9M | 1.5M | -5.8M |
| Cash From Borrowings | 64.3M | 16.5M | -- | -- | -- | 5.1M | 19.0M | 37.1M | 10.1M | 10.2M | 8.0M |
| Dividends And Interest Paid | 11.8M | 6.0M | 9.5M | -- | 1,400 | 41,200 | 920,700 | 12.3M | 36,100 | 501,400 | 617,100 |
| Debt Repayments | -- | -- | -- | -- | 100,000 | 10.0M | 47.1M | 4.0M | 10.2M | 18.1M | 13.0M |
| Total Financing Cash Inflow | 70.8M | 20.0M | 580.0M | -- | 5.8M | 29.1M | 23.0M | 78.1M | 46.7M | 12.2M | 8.7M |
| Total Financing Cash Outflow | 12.9M | 7.0M | 38.8M | 1.8M | 1.4M | 10.0M | 52.1M | 57.6M | 11.6M | 19.4M | 20.1M |
| Financing Cash Flow | 57.9M | 13.0M | 541.0M | -1.8M | 4.5M | 19.0M | -29.1M | 20.6M | 35.1M | -7.2M | -11.4M |
| Net Change In Cash | 7.2M | -54.2M | 452.0M | 23.5M | 40.1M | 11.6M | 4.6M | 1.7M | 11.5M | 3.3M | -8.1M |
| Ending Cash Balance | 512.0M | 505.0M | 559.0M | 107.0M | 83.5M | 43.4M | 31.8M | 27.2M | 26.0M | 14.5M | 11.2M |
| Capex | 80.0M | 84.8M | 32.8M | 2.7M | 1.7M | 3.8M | 2.9M | 6.4M | 48.1M | 773,600 | 331,300 |