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 | 534.0M | 487.0M | 480.0M | 409.0M | 273.0M |
| Revenue Growth % | 9.7% | 1.5% | 17.4% | 49.8% | -- |
| Total Revenue | 534.0M | 487.0M | 480.0M | 409.0M | 273.0M |
| Cost Of Revenue | 315.0M | 280.0M | 270.0M | 222.0M | 143.0M |
| Gross Profit | 219.0M | 207.0M | 210.0M | 187.0M | 130.0M |
| Gross Margin % | 41.0% | 42.5% | 43.8% | 45.7% | 47.6% |
| Total Operating Cost | 438.0M | 373.0M | 364.0M | 303.0M | 208.0M |
| Selling Expenses | 24.0M | 18.4M | 15.3M | 15.6M | 11.3M |
| Admin Expenses | 43.4M | 28.5M | 24.4M | 15.8M | 17.4M |
| Rd Expenses | 64.4M | 72.3M | 58.9M | 42.8M | 29.6M |
| Finance Expenses | -18.8M | -29.5M | -10.3M | 2.5M | 3.9M |
| Operating Income | 98.0M | 145.0M | 119.0M | 111.0M | 68.8M |
| Operating Margin % | 18.3% | 29.8% | 24.8% | 27.1% | 25.2% |
| Non Operating Income | 46,300 | 32,100 | 34,500 | 28,500 | 49,900 |
| Non Operating Expenses | 922,200 | 324,100 | 141,000 | -- | 2,400 |
| Investment Income | -2.1M | -1.3M | 622,500 | 2.3M | 805,300 |
| Asset Disposal Income | 54,400 | 23.6M | -414,500 | -39,700 | 24,700 |
| Asset Impairment Loss | 5.1M | 492,800 | 554,900 | 380,400 | 172,700 |
| Other Income | 3.5M | 9.0M | 2.2M | 2.8M | 3.0M |
| Income Before Tax | 97.1M | 145.0M | 119.0M | 111.0M | 68.8M |
| Income Tax | 8.6M | 13.4M | 6.7M | 10.7M | 7.7M |
| Net Income | 88.5M | 132.0M | 112.0M | 100.0M | 61.1M |
| Net Margin % | 16.6% | 27.1% | 23.3% | 24.4% | 22.4% |
| Net Income Attributable | 85.5M | 130.0M | 112.0M | 100.0M | 61.1M |
| Minority Interest | 3.0M | 1.2M | -82,800 | 78,500 | 37,500 |
| Eps Basic | 0.78 | 1.19 | 1.25 | 1.82 | 1.22 |
| Eps Diluted | 0.78 | 1.19 | 1.25 | 1.82 | 1.22 |
| 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 | 1.1B | 1.2B | 1.4B | 88.2M | 105.0M |
| Trading Financial Assets | -- | -- | -- | -- | 41.0M |
| Accounts Receivable | 151.0M | 131.0M | 128.0M | 70.9M | 54.3M |
| Notes Receivable | 9.6M | 16.8M | 11.9M | 46.9M | 23.4M |
| Notes And Accounts Receivable | 161.0M | 147.0M | 140.0M | 118.0M | 77.6M |
| Prepayments | 3.1M | 2.0M | 1.3M | 5.3M | 1.4M |
| Inventory | 124.0M | 105.0M | 110.0M | 84.4M | 53.4M |
| Total Current Assets | 1.4B | 1.5B | 1.7B | 300.0M | 279.0M |
| Long Term Equity Investment | 8.2M | 6.2M | -- | -- | -- |
| Fixed Assets | -- | 146.0M | 122.0M | 96.0M | 71.5M |
| Fixed Assets Total | 443.0M | 146.0M | 122.0M | 96.0M | 71.5M |
| Construction In Progress | -- | 192.0M | 110.0M | 9.0M | -- |
| Construction In Progress Total | 81.4M | 192.0M | 110.0M | 9.0M | -- |
| Intangible Assets | 103.0M | 92.2M | 48.0M | 42.5M | 4.0M |
| Long Term Deferred Expenses | 5.9M | 3.1M | 1.5M | 2.5M | 4.1M |
| Total Non Current Assets | 674.0M | 515.0M | 350.0M | 182.0M | 84.8M |
| Total Assets | 2.1B | 2.0B | 2.0B | 482.0M | 364.0M |
| Short Term Borrowings | 2.1M | 2.0M | 716,400 | 10.0M | 10.0M |
| Accounts Payable | 104.0M | 54.9M | 79.0M | 41.2M | 35.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.9M | 2.5M | 2.2M | 2.4M | 4.0M |
| Total Current Liabilities | 144.0M | 97.4M | 122.0M | 78.1M | 68.4M |
| Long Term Borrowings | -- | 22.0M | 26.1M | -- | -- |
| Total Non Current Liabilities | 7.7M | 30.9M | 42.1M | 8.4M | 7,600 |
| Total Liabilities | 152.0M | 128.0M | 164.0M | 86.5M | 68.4M |
| Paid In Capital | 110.0M | 110.0M | 73.3M | 54.9M | 54.9M |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 143.0M | 143.0M |
| Surplus Reserve | 41.1M | 34.8M | 25.3M | 16.7M | 8.4M |
| Retained Earnings | 393.0M | 369.0M | 285.0M | 181.0M | 89.2M |
| Minority Equity | 16.7M | 13.7M | 12.5M | 245,600 | 167,100 |
| Equity Attributable | 1.9B | 1.9B | 1.8B | 395.0M | 295.0M |
| Total Equity | 1.9B | 1.9B | 1.8B | 395.0M | 295.0M |
| 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 | 508.0M | 493.0M | 469.0M | 407.0M | 271.0M |
| Tax Refunds Received | 1.6M | 4.9M | 6.3M | -- | 828,400 |
| Total Operating Cash Inflow | 537.0M | 533.0M | 482.0M | 410.0M | 275.0M |
| Cash Paid For Goods | 159.0M | 161.0M | 191.0M | 196.0M | 112.0M |
| Cash Paid To Employees | 180.0M | 160.0M | 135.0M | 108.0M | 73.9M |
| Taxes Paid | 26.9M | 26.8M | 14.9M | 20.3M | 12.3M |
| Total Operating Cash Outflow | 412.0M | 396.0M | 379.0M | 357.0M | 216.0M |
| Operating Cash Flow | 125.0M | 137.0M | 102.0M | 52.7M | 58.7M |
| Total Investing Cash Inflow | 111.0M | 61.3M | 161.0M | 337.0M | 376.0M |
| Total Investing Cash Outflow | 294.0M | 260.0M | 333.0M | 394.0M | 410.0M |
| Investing Cash Flow | -183.0M | -199.0M | -172.0M | -56.8M | -34.1M |
| Cash From Borrowings | 13.6M | 3.4M | 32.1M | 10.0M | 10.0M |
| Dividends And Interest Paid | 54.5M | 37.7M | 355,300 | 344,200 | 1.1M |
| Debt Repayments | 25.9M | 3.9M | 11.6M | 12.2M | 17.4M |
| Total Financing Cash Inflow | 15.1M | 3.4M | 1.4B | 10.1M | 68.8M |
| Total Financing Cash Outflow | 89.8M | 104.0M | 42.0M | 21.6M | 48.6M |
| Financing Cash Flow | -74.7M | -101.0M | 1.3B | -11.5M | 20.2M |
| Net Change In Cash | -131.0M | -162.0M | 1.3B | -16.4M | 43.0M |
| Ending Cash Balance | 1.1B | 1.2B | 1.4B | 88.2M | 105.0M |
| Capex | 180.0M | 233.0M | 158.0M | 100.0M | 19.0M |