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 |
|---|---|---|---|---|---|
| Revenue | 975.0M | 903.0M | 692.0M | 549.0M | 496.0M |
| Revenue Growth % | 8.0% | 30.5% | 26.0% | 10.7% | -- |
| Total Revenue | 975.0M | 903.0M | 692.0M | 549.0M | 496.0M |
| Cost Of Revenue | 747.0M | 683.0M | 557.0M | 416.0M | 353.0M |
| Gross Profit | 228.0M | 220.0M | 135.0M | 133.0M | 143.0M |
| Gross Margin % | 23.4% | 24.4% | 19.5% | 24.2% | 28.8% |
| Total Operating Cost | 930.0M | 831.0M | 650.0M | 489.0M | 428.0M |
| Selling Expenses | 20.4M | 21.3M | 12.6M | 9.5M | 8.2M |
| Admin Expenses | 72.3M | 55.3M | 37.8M | 25.6M | 26.5M |
| Rd Expenses | 57.1M | 47.0M | 31.8M | 27.3M | 27.2M |
| Finance Expenses | 17.4M | 6.3M | -1.5M | 753,900 | 1.3M |
| Operating Income | 58.2M | 77.2M | 48.6M | 61.5M | 69.5M |
| Operating Margin % | 6.0% | 8.5% | 7.0% | 11.2% | 14.0% |
| Non Operating Income | 0.00 | 147,000 | 12.00 | 10,100 | 19,800 |
| Non Operating Expenses | 2.2M | 341,700 | 886,500 | 11,000 | 25,200 |
| Investment Income | -491,100 | -132,700 | 511,900 | 247,400 | 140,000 |
| Asset Disposal Income | 478,800 | -1.0M | -2.4M | 22,900 | 43.00 |
| Asset Impairment Loss | 9.6M | 9.9M | 6.3M | 4.0M | 5.2M |
| Other Income | 12.5M | 6.5M | 8.7M | 1.7M | 1.6M |
| Income Before Tax | 56.0M | 77.0M | 47.7M | 61.5M | 69.5M |
| Income Tax | 2.3M | 3.6M | 6.2M | 9.0M | 12.1M |
| Net Income | 53.7M | 73.4M | 41.5M | 52.5M | 57.4M |
| Net Margin % | 5.5% | 8.1% | 6.0% | 9.6% | 11.6% |
| Net Income Attributable | 53.6M | 72.6M | 41.5M | 52.5M | 57.4M |
| Minority Interest | 43,600 | 745,000 | -78.00 | -- | -- |
| Eps Basic | 0.48 | 0.65 | 0.54 | 0.88 | 0.96 |
| Eps Diluted | 0.48 | 0.65 | 0.54 | 0.88 | 0.96 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 419.0M | 531.0M | 165.0M | 31.5M | 45.4M |
| Accounts Receivable | 365.0M | 351.0M | 268.0M | 181.0M | 166.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 365.0M | 351.0M | 268.0M | 181.0M | 166.0M |
| Prepayments | 4.9M | 3.3M | 3.9M | 2.0M | 1.9M |
| Inventory | 158.0M | 144.0M | 126.0M | 105.0M | 82.9M |
| Total Current Assets | 1.0B | 1.1B | 612.0M | 361.0M | 317.0M |
| Long Term Equity Investment | 25.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 381.0M | 292.0M | 192.0M | 199.0M |
| Fixed Assets Total | 509.0M | 381.0M | 292.0M | 192.0M | 199.0M |
| Construction In Progress | -- | 142.0M | 75.0M | 19.5M | 719,300 |
| Construction In Progress Total | 47.7M | 142.0M | 75.0M | 19.5M | 719,300 |
| Intangible Assets | 41.7M | 40.0M | 32.2M | 29.3M | 28.3M |
| Long Term Deferred Expenses | 27.9M | 18.5M | 25.6M | 12.3M | 14.2M |
| Total Non Current Assets | 697.0M | 618.0M | 494.0M | 270.0M | 253.0M |
| Total Assets | 1.7B | 1.7B | 1.1B | 631.0M | 569.0M |
| Short Term Borrowings | 50.7M | 145.0M | 79.1M | 30.0M | 10.0M |
| Accounts Payable | 224.0M | 232.0M | 156.0M | 114.0M | 142.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.0M | 11.2M | 8.7M | 2.6M | 1.3M |
| Total Current Liabilities | 391.0M | 449.0M | 304.0M | 191.0M | 188.0M |
| Total Non Current Liabilities | 367.0M | 315.0M | 20.4M | 10.9M | 9.5M |
| Total Liabilities | 758.0M | 765.0M | 324.0M | 201.0M | 197.0M |
| Paid In Capital | 113.0M | 80.0M | 80.0M | 60.0M | 60.0M |
| Capital Reserve | 436.0M | 441.0M | 435.0M | 137.0M | 132.0M |
| Surplus Reserve | 14.8M | 14.6M | 14.6M | 10.3M | 7.6M |
| Retained Earnings | 359.0M | 316.0M | 251.0M | 222.0M | 172.0M |
| Minority Equity | 503,000 | 1.7M | 979,900 | -- | -- |
| Equity Attributable | 961.0M | 909.0M | 781.0M | 430.0M | 372.0M |
| Total Equity | 961.0M | 911.0M | 782.0M | 430.0M | 372.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 841.0M | 728.0M | 625.0M | 518.0M | 428.0M |
| Tax Refunds Received | 2.8M | 761,400 | 531,800 | -- | 3.6M |
| Total Operating Cash Inflow | 910.0M | 800.0M | 684.0M | 566.0M | 454.0M |
| Cash Paid For Goods | 529.0M | 379.0M | 440.0M | 363.0M | 251.0M |
| Cash Paid To Employees | 157.0M | 140.0M | 115.0M | 90.0M | 75.0M |
| Taxes Paid | 26.0M | 41.7M | 12.2M | 29.2M | 23.1M |
| Total Operating Cash Outflow | 755.0M | 658.0M | 658.0M | 548.0M | 387.0M |
| Operating Cash Flow | 155.0M | 142.0M | 25.9M | 17.8M | 67.0M |
| Total Investing Cash Inflow | 1.3M | 9.3M | 222.0M | 80.5M | 45.1M |
| Total Investing Cash Outflow | 135.0M | 163.0M | 455.0M | 109.0M | 92.8M |
| Investing Cash Flow | -133.0M | -154.0M | -233.0M | -28.3M | -47.7M |
| Cash From Borrowings | 102.0M | 173.0M | 111.0M | 30.0M | 20.0M |
| Dividends And Interest Paid | 11.9M | 8.8M | 8.6M | 408,100 | 541,600 |
| Debt Repayments | 196.0M | 108.0M | 62.0M | 10.0M | 23.5M |
| Total Financing Cash Inflow | 115.0M | 519.0M | 464.0M | 30.0M | 20.0M |
| Total Financing Cash Outflow | 231.0M | 151.0M | 132.0M | 29.5M | 50.6M |
| Financing Cash Flow | -116.0M | 369.0M | 332.0M | 487,000 | -30.6M |
| Net Change In Cash | -92.9M | 357.0M | 125.0M | -10.1M | -11.4M |
| Ending Cash Balance | 419.0M | 512.0M | 155.0M | 29.4M | 39.5M |
| Capex | 109.0M | 154.0M | 196.0M | 28.9M | 47.8M |