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 | 1.1B | 980.0M | 809.0M | 784.0M | 502.0M |
| Revenue Growth % | 15.7% | 21.1% | 3.2% | 56.2% | -- |
| Total Revenue | 1.1B | 980.0M | 809.0M | 784.0M | 502.0M |
| Cost Of Revenue | 896.0M | 747.0M | 635.0M | 621.0M | 386.0M |
| Gross Profit | 238.0M | 233.0M | 174.0M | 163.0M | 116.0M |
| Gross Margin % | 21.0% | 23.8% | 21.5% | 20.8% | 23.1% |
| Total Operating Cost | 1.0B | 855.0M | 726.0M | 714.0M | 456.0M |
| Selling Expenses | 21.3M | 18.4M | 15.8M | 16.3M | 10.5M |
| Admin Expenses | 53.3M | 46.4M | 40.9M | 32.2M | 24.3M |
| Rd Expenses | 34.6M | 35.9M | 25.1M | 25.9M | 19.1M |
| Finance Expenses | -13.9M | -6.7M | 324,700 | 6.9M | 6.5M |
| Operating Income | 150.0M | 138.0M | 94.7M | 77.9M | 54.0M |
| Operating Margin % | 13.2% | 14.1% | 11.7% | 9.9% | 10.8% |
| Non Operating Income | 287,200 | 312,400 | 199,200 | 470,200 | 356,500 |
| Non Operating Expenses | 2.3M | 504,700 | 18,800 | 149,800 | 231,400 |
| Investment Income | 3.9M | 3.2M | 3.1M | 1.7M | 1.2M |
| Fair Value Change Income | 1.2M | -- | 179,200 | -- | -- |
| Asset Disposal Income | 99,500 | 79,100 | 13,700 | 2,400 | 34,500 |
| Asset Impairment Loss | 5.1M | 4.3M | 3.5M | 1.9M | 1.0M |
| Other Income | 19.6M | 10.2M | 8.7M | 6.4M | 6.7M |
| Income Before Tax | 148.0M | 138.0M | 94.9M | 78.2M | 54.1M |
| Income Tax | 20.7M | 18.8M | 11.3M | 9.9M | 7.7M |
| Net Income | 127.0M | 119.0M | 83.5M | 68.3M | 46.4M |
| Net Margin % | 11.2% | 12.1% | 10.3% | 8.7% | 9.2% |
| Net Income Attributable | 127.0M | 119.0M | 84.3M | 69.8M | 48.0M |
| Minority Interest | -67.00 | 200.00 | -788,400 | -1.4M | -1.6M |
| Eps Basic | 1.09 | 1.11 | 1.41 | 1.16 | 0.80 |
| Eps Diluted | 1.09 | 1.11 | 1.41 | 1.16 | 0.80 |
| 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 | 388.0M | 640.0M | 72.5M | 59.7M | 47.7M |
| Trading Financial Assets | 134.0M | -- | 179,200 | -- | 5.0M |
| Accounts Receivable | 366.0M | 288.0M | 195.0M | 231.0M | 191.0M |
| Notes Receivable | 168.0M | 152.0M | 178.0M | 166.0M | 124.0M |
| Notes And Accounts Receivable | 534.0M | 440.0M | 374.0M | 397.0M | 314.0M |
| Prepayments | 4.2M | 2.1M | 1.5M | 671,500 | 1.2M |
| Inventory | 146.0M | 115.0M | 88.9M | 116.0M | 81.0M |
| Total Current Assets | 1.3B | 1.4B | 639.0M | 621.0M | 479.0M |
| Long Term Equity Investment | 50.7M | 50.6M | 49.1M | 46.9M | 46.4M |
| Fixed Assets | -- | 186.0M | 151.0M | 153.0M | 146.0M |
| Fixed Assets Total | 223.0M | 186.0M | 151.0M | 153.0M | 146.0M |
| Construction In Progress | -- | 7.6M | 18.0M | 4.8M | 5.5M |
| Construction In Progress Total | 29.0M | 7.6M | 18.0M | 4.8M | 5.5M |
| Intangible Assets | 60.2M | 61.0M | 33.6M | 34.3M | 35.1M |
| Long Term Deferred Expenses | 14.0M | 5.1M | 2.9M | 4.4M | 2.6M |
| Total Non Current Assets | 413.0M | 337.0M | 280.0M | 271.0M | 264.0M |
| Total Assets | 1.7B | 1.7B | 919.0M | 892.0M | 743.0M |
| Short Term Borrowings | 20.0M | 86.6M | 94.6M | 99.0M | 91.5M |
| Accounts Payable | 233.0M | 205.0M | 148.0M | 167.0M | 157.0M |
| Advance Receipts | 211,600 | 326,800 | 259,400 | 557,700 | 727,700 |
| Contract Liabilities | 1.8M | 912,800 | 1.3M | 2.5M | 1.1M |
| Total Current Liabilities | 467.0M | 534.0M | 440.0M | 498.0M | 418.0M |
| Long Term Borrowings | -- | -- | -- | -- | 4.9M |
| Total Non Current Liabilities | 8.5M | 5.4M | 10.2M | 10.5M | 9.7M |
| Total Liabilities | 476.0M | 540.0M | 451.0M | 509.0M | 428.0M |
| Paid In Capital | 116.0M | 80.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 612.0M | 645.0M | 105.0M | 101.0M | 101.0M |
| Surplus Reserve | 54.3M | 33.8M | 23.8M | 16.7M | 10.6M |
| Retained Earnings | 435.0M | 389.0M | 279.0M | 202.0M | 139.0M |
| Minority Equity | 439,600 | 439,700 | 439,400 | 3.9M | 5.3M |
| Equity Attributable | 1.2B | 1.1B | 468.0M | 380.0M | 310.0M |
| Total Equity | 1.2B | 1.1B | 468.0M | 384.0M | 315.0M |
| 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 | 888.0M | 712.0M | 613.0M | 501.0M | 228.0M |
| Tax Refunds Received | 3.5M | 2.4M | 192,400 | 2.5M | 1.7M |
| Total Operating Cash Inflow | 917.0M | 733.0M | 625.0M | 512.0M | 238.0M |
| Cash Paid For Goods | 643.0M | 514.0M | 399.0M | 338.0M | 94.2M |
| Cash Paid To Employees | 160.0M | 133.0M | 114.0M | 114.0M | 79.9M |
| Taxes Paid | 40.6M | 43.4M | 33.8M | 25.2M | 19.1M |
| Total Operating Cash Outflow | 882.0M | 732.0M | 601.0M | 531.0M | 235.0M |
| Operating Cash Flow | 34.3M | 1.5M | 23.6M | -19.1M | 3.6M |
| Total Investing Cash Inflow | 264.0M | 18.3M | 4.5M | 5.5M | 103.0M |
| Total Investing Cash Outflow | 448.0M | 57.9M | 21.2M | 16.8M | 120.0M |
| Investing Cash Flow | -184.0M | -39.5M | -16.8M | -11.3M | -17.0M |
| Cash From Borrowings | 18.3M | 85.5M | 96.3M | 113.0M | 117.0M |
| Dividends And Interest Paid | 61.7M | 3.6M | 4.7M | 4.9M | 5.1M |
| Debt Repayments | 90.3M | 91.8M | 112.0M | 113.0M | 128.0M |
| Total Financing Cash Inflow | 54.3M | 700.0M | 127.0M | 155.0M | 144.0M |
| Total Financing Cash Outflow | 153.0M | 96.8M | 121.0M | 119.0M | 133.0M |
| Financing Cash Flow | -99.1M | 603.0M | 6.2M | 35.5M | 11.2M |
| Net Change In Cash | -249.0M | 565.0M | 13.1M | 5.1M | -2.2M |
| Ending Cash Balance | 363.0M | 613.0M | 47.8M | 34.7M | 29.6M |
| Capex | 57.4M | 57.9M | 21.2M | 16.8M | 42.7M |