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 | 1.6B | 1.2B | 1.0B | 1.1B | 709.0M |
| Revenue Growth % | 31.8% | 16.5% | -0.7% | 48.2% | -- |
| Total Revenue | 1.6B | 1.2B | 1.0B | 1.1B | 709.0M |
| Cost Of Revenue | 1.2B | 904.0M | 796.0M | 766.0M | 496.0M |
| Gross Profit | 400.0M | 312.0M | 248.0M | 285.0M | 213.0M |
| Gross Margin % | 25.0% | 25.7% | 23.8% | 27.1% | 30.0% |
| Total Operating Cost | 1.4B | 1.0B | 913.0M | 884.0M | 587.0M |
| Selling Expenses | 41.9M | 35.0M | 25.9M | 23.9M | 16.9M |
| Admin Expenses | 59.7M | 49.3M | 37.8M | 35.8M | 31.1M |
| Rd Expenses | 64.7M | 63.8M | 39.0M | 33.1M | 22.9M |
| Finance Expenses | -18.3M | -27.7M | 946,800 | 4.0M | 3.5M |
| Operating Income | 234.0M | 184.0M | 139.0M | 171.0M | 126.0M |
| Operating Margin % | 14.6% | 15.1% | 13.3% | 16.3% | 17.8% |
| Non Operating Income | 159,300 | 1,900 | 120,600 | 36,800 | 67,600 |
| Non Operating Expenses | 859,800 | 664,400 | 1.6M | 24,200 | 455,700 |
| Investment Income | 2.5M | -1.5M | -1.2M | -2.5M | -3.4M |
| Fair Value Change Income | 4.8M | 47,500 | -- | -- | -- |
| Asset Disposal Income | 30,100 | 448,800 | -702,200 | 297,600 | 391,300 |
| Asset Impairment Loss | 12.8M | 8.7M | 5.1M | 7.0M | 3.9M |
| Other Income | 16.7M | 13.5M | 10.0M | 6.7M | 6.2M |
| Income Before Tax | 233.0M | 184.0M | 137.0M | 171.0M | 125.0M |
| Income Tax | 36.0M | 23.0M | 15.6M | 25.0M | 17.6M |
| Net Income | 197.0M | 161.0M | 122.0M | 146.0M | 108.0M |
| Net Margin % | 12.3% | 13.2% | 11.7% | 13.9% | 15.2% |
| Net Income Attributable | 186.0M | 147.0M | 110.0M | 137.0M | 104.0M |
| Minority Interest | 11.4M | 13.8M | 11.6M | 9.2M | 3.9M |
| Eps Basic | 1.92 | 1.50 | 1.50 | 2.81 | 2.14 |
| Eps Diluted | 1.92 | 1.50 | 1.50 | 2.81 | 2.14 |
| 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 | 637.0M | 1.2B | 1.1B | 43.3M | 25.4M |
| Trading Financial Assets | 211.0M | 5.0M | -- | -- | -- |
| Accounts Receivable | 680.0M | 440.0M | 364.0M | 302.0M | 211.0M |
| Notes Receivable | 164.0M | 134.0M | 177.0M | 207.0M | 169.0M |
| Notes And Accounts Receivable | 844.0M | 574.0M | 540.0M | 509.0M | 380.0M |
| Prepayments | 3.1M | 2.6M | 1.9M | 940,000 | 1.4M |
| Inventory | 302.0M | 207.0M | 165.0M | 197.0M | 151.0M |
| Total Current Assets | 2.0B | 2.0B | 1.8B | 763.0M | 570.0M |
| Long Term Equity Investment | 1.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 184.0M | 169.0M | 154.0M | 119.0M |
| Fixed Assets Total | 221.0M | 184.0M | 169.0M | 154.0M | 119.0M |
| Construction In Progress | -- | 14.8M | 27.3M | 463,300 | 10.3M |
| Construction In Progress Total | 89.2M | 14.8M | 27.3M | 463,300 | 10.3M |
| Intangible Assets | 125.0M | 27.8M | 25.6M | 20.5M | 19.3M |
| Long Term Deferred Expenses | 423,100 | 376,600 | 690,900 | 439,700 | 250,400 |
| Total Non Current Assets | 606.0M | 252.0M | 248.0M | 191.0M | 158.0M |
| Total Assets | 2.6B | 2.3B | 2.1B | 955.0M | 728.0M |
| Short Term Borrowings | 44.2M | 34.7M | 33.3M | 75.7M | 65.2M |
| Accounts Payable | 411.0M | 237.0M | 159.0M | 178.0M | 130.0M |
| Advance Receipts | 565,000 | 2.1M | 2.1M | 909,500 | -- |
| Contract Liabilities | 4.6M | 3.9M | 4.0M | 4.2M | 4.0M |
| Total Current Liabilities | 770.0M | 477.0M | 372.0M | 393.0M | 320.0M |
| Long Term Borrowings | 1.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 26.3M | 18.4M | 20.4M | 15.3M | 6.7M |
| Total Liabilities | 796.0M | 495.0M | 392.0M | 408.0M | 327.0M |
| Paid In Capital | 97.7M | 97.7M | 65.1M | 48.9M | 48.9M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 136.0M | 136.0M |
| Surplus Reserve | 66.5M | 49.2M | 35.0M | 35.0M | 25.7M |
| Retained Earnings | 557.0M | 485.0M | 417.0M | 307.0M | 179.0M |
| Minority Equity | 44.8M | 41.2M | 31.6M | 20.0M | 11.6M |
| Equity Attributable | 1.8B | 1.7B | 1.7B | 527.0M | 389.0M |
| Total Equity | 1.9B | 1.8B | 1.7B | 547.0M | 401.0M |
| 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 | 953.0M | 792.0M | 549.0M | 488.0M | 368.0M |
| Tax Refunds Received | 7.7M | 12.8M | 9.8M | 6.5M | 3.5M |
| Total Operating Cash Inflow | 1.1B | 930.0M | 592.0M | 534.0M | 421.0M |
| Cash Paid For Goods | 637.0M | 383.0M | 358.0M | 365.0M | 278.0M |
| Cash Paid To Employees | 198.0M | 161.0M | 136.0M | 120.0M | 90.6M |
| Taxes Paid | 79.4M | 79.7M | 59.7M | 69.0M | 48.2M |
| Total Operating Cash Outflow | 1.1B | 761.0M | 601.0M | 602.0M | 472.0M |
| Operating Cash Flow | 57.0M | 169.0M | -9.1M | -68.6M | -51.0M |
| Total Investing Cash Inflow | 2.6B | 589,600 | 556,300 | 725,700 | 3.7M |
| Total Investing Cash Outflow | 3.1B | 255.0M | 26.5M | 32.1M | 18.1M |
| Investing Cash Flow | -405.0M | -254.0M | -25.9M | -31.4M | -14.5M |
| Cash From Borrowings | 121.0M | 79.2M | 57.7M | 148.0M | 111.0M |
| Dividends And Interest Paid | 104.0M | 69.7M | 956,300 | 6.5M | 19.5M |
| Debt Repayments | 66.0M | 34.4M | 36.4M | 54.5M | 56.0M |
| Total Financing Cash Inflow | 140.0M | 79.2M | 1.1B | 186.0M | 159.0M |
| Total Financing Cash Outflow | 217.0M | 114.0M | 66.8M | 64.6M | 82.2M |
| Financing Cash Flow | -76.9M | -34.4M | 1.1B | 122.0M | 76.4M |
| Net Change In Cash | -423.0M | -119.0M | 1.0B | 21.5M | 10.9M |
| Ending Cash Balance | 529.0M | 953.0M | 1.1B | 41.7M | 20.2M |
| Capex | 189.0M | 30.0M | 26.5M | 32.1M | 17.3M |