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 | FY 2013Dec 31, 2013 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 191.0M | 302.0M | 439.0M | 480.0M | 321.0M | 311.0M | 275.0M | 281.0M | 180.0M | 181.0M | 173.0M | 125.0M | 74.1M | 48.0M | 30.2M |
| Revenue Growth % | -36.8% | -31.2% | -8.5% | 49.5% | 3.2% | 13.1% | -2.1% | 56.1% | -0.6% | 4.6% | 38.4% | 68.8% | 54.2% | 59.0% | -- |
| Total Revenue | 191.0M | 302.0M | 439.0M | 480.0M | 321.0M | 311.0M | 275.0M | 281.0M | 180.0M | 181.0M | 173.0M | 125.0M | 74.1M | 48.0M | 30.2M |
| Cost Of Revenue | 148.0M | 163.0M | 235.0M | 266.0M | 168.0M | 189.0M | 151.0M | 151.0M | 98.4M | 112.0M | 102.0M | 77.4M | 33.7M | 23.2M | 14.2M |
| Gross Profit | 43.0M | 139.0M | 204.0M | 214.0M | 153.0M | 122.0M | 124.0M | 130.0M | 81.6M | 69.0M | 71.0M | 47.6M | 40.3M | 24.8M | 16.0M |
| Gross Margin % | 22.5% | 46.0% | 46.5% | 44.6% | 47.7% | 39.2% | 45.1% | 46.3% | 45.3% | 38.1% | 41.0% | 38.1% | 54.5% | 51.6% | 52.9% |
| Total Operating Cost | 352.0M | 302.0M | 343.0M | 375.0M | 237.0M | 269.0M | 233.0M | 247.0M | 154.0M | 163.0M | 159.0M | 129.0M | 54.6M | 39.1M | 26.8M |
| Selling Expenses | 18.7M | 15.0M | 11.6M | 12.5M | 12.4M | 14.1M | 17.8M | 25.1M | 17.2M | 16.4M | 15.5M | 16.6M | 9.0M | 8.7M | 6.7M |
| Admin Expenses | 51.9M | 48.5M | 37.0M | 37.0M | 26.2M | 31.7M | 28.1M | 37.6M | 23.8M | 22.6M | 22.7M | 24.0M | 8.9M | 5.7M | 5.2M |
| Rd Expenses | 19.9M | 19.0M | 20.5M | 22.3M | 15.5M | 15.4M | 10.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 4.4M | 7.2M | 8.6M | 11.2M | 7.9M | 10.4M | 9.8M | 6.7M | 5.7M | 4.5M | 4.3M | 3.2M | 423,700 | 289,100 | 204,400 |
| Operating Income | -159.0M | 4.6M | 100.0M | 106.0M | 84.7M | 42.5M | 42.3M | 52.7M | 25.2M | 18.8M | 13.7M | -3.6M | 19.5M | 8.9M | 3.4M |
| Operating Margin % | -83.2% | 1.5% | 22.8% | 22.1% | 26.4% | 13.7% | 15.4% | 18.8% | 14.0% | 10.4% | 7.9% | -2.8% | 26.3% | 18.6% | 11.1% |
| Non Operating Income | 3.1M | 10.8M | 14,500 | -- | 45,200 | 91,100 | 99,500 | -- | 1.0M | 702,100 | 623,500 | 2.1M | 1.3M | 600,000 | 168,000 |
| Non Operating Expenses | 10,200 | 282,200 | 84,400 | 450,300 | 2.0M | 2.2M | 630,700 | 107,700 | 4,000 | 6,500 | -- | -- | -- | -- | 374,100 |
| Investment Income | 321,900 | 126,800 | -- | -- | -- | -- | -141,500 | 18.7M | -222,000 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 101,200 | 4,100 | 1,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 13.2M | -8.3M | 8.5M | 3.3M | 2.4M | -- | 14.3M | 24.7M | 8.0M | 4.0M | 10.0M | 5.6M | 1.2M | 717,500 | 7,800 |
| Other Income | 2.0M | 4.6M | 3.7M | 331,500 | 982,700 | 541,700 | 541,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -156.0M | 15.1M | 100.0M | 106.0M | 82.8M | 40.3M | 41.8M | 52.6M | 26.2M | 19.5M | 14.3M | -1.5M | 20.8M | 9.5M | 3.2M |
| Income Tax | -24.3M | -4.0M | 13.8M | 13.9M | 12.8M | 6.4M | 7.4M | 7.4M | 7.8M | 3.9M | 7.1M | 4.7M | 4.1M | 1.7M | 551,700 |
| Net Income | -131.0M | 19.1M | 86.3M | 91.8M | 70.0M | 33.9M | 34.4M | 45.2M | 18.4M | 15.6M | 7.3M | -6.2M | 16.7M | 7.9M | 2.6M |
| Net Margin % | -68.6% | 6.3% | 19.7% | 19.1% | 21.8% | 10.9% | 12.5% | 16.1% | 10.2% | 8.6% | 4.2% | -4.9% | 22.6% | 16.4% | 8.6% |
| Net Income Attributable | -131.0M | 19.4M | 86.3M | 92.0M | 70.8M | 35.1M | 35.1M | 45.8M | 19.8M | 15.6M | 7.3M | -6.0M | 16.7M | 7.9M | 2.6M |
| Minority Interest | -258,400 | -335,200 | -41,700 | -156,300 | -827,000 | -1.2M | -727,000 | -586,700 | -1.3M | -- | -- | -186,700 | -- | -- | -- |
| Eps Basic | -1.91 | 0.34 | 1.68 | 1.79 | 1.38 | 0.70 | 0.70 | 0.92 | 0.40 | 0.31 | 0.15 | -0.12 | 0.42 | 0.20 | 0.07 |
| Eps Diluted | -1.91 | 0.34 | 1.68 | 1.79 | 1.38 | 0.70 | 0.70 | 0.92 | 0.40 | 0.31 | 0.15 | -0.12 | -- | -- | -- |
| 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 | FY 2013Dec 31, 2013 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 189.0M | 463.0M | 42.6M | 33.0M | 31.6M | 28.8M | 30.6M | 72.7M | 82.7M | 12.9M | 9.5M | 2.6M | 13.4M | 3.8M | 3.1M |
| Accounts Receivable | 458.0M | 504.0M | 336.0M | 236.0M | 161.0M | 138.0M | 101.0M | -- | 219.0M | 199.0M | 170.0M | 89.1M | 37.3M | 29.0M | 23.1M |
| Notes Receivable | 10.8M | 5.2M | 953,500 | 3.4M | 7.3M | 371,400 | 791,300 | -- | 1.0M | 1.6M | 514,000 | -- | 210,000 | -- | -- |
| Notes And Accounts Receivable | 469.0M | 509.0M | 337.0M | 239.0M | 168.0M | 138.0M | 102.0M | 271.0M | 220.0M | 201.0M | 170.0M | 89.1M | 37.5M | 29.0M | 23.1M |
| Prepayments | 10.0M | 67.4M | 1.8M | 2.5M | 7.9M | 4.7M | 1.5M | 6.0M | 4.7M | 3.6M | 6.9M | 6.8M | 1.4M | 3.0M | 1.8M |
| Inventory | 98.4M | 44.3M | 30.4M | 98.5M | 122.0M | 85.5M | 62.5M | 39.7M | 13.6M | 11.6M | 53.0M | 97.8M | 12.4M | 3.1M | 2.2M |
| Total Current Assets | 894.0M | 1.2B | 528.0M | 461.0M | 398.0M | 283.0M | 219.0M | 466.0M | 334.0M | 233.0M | 256.0M | 223.0M | 66.5M | 40.3M | 34.4M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | 30.5M | 4.7M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 14.9M | -- | 17.9M | 20.3M | 23.0M | 29.4M | 8.5M | 8.3M | 8.6M | 9.7M | 11.0M | 12.1M | 675,400 | 282,000 |
| Fixed Assets Total | 30.8M | 14.9M | 17.8M | 17.9M | 20.3M | 23.0M | 29.4M | 8.5M | 8.3M | 8.6M | 9.7M | 11.0M | 12.1M | 675,400 | 282,000 |
| Construction In Progress | -- | 259.0M | -- | 89.0M | 87.7M | 86.6M | 94.8M | -- | 23.1M | 3.3M | 2.0M | -- | -- | 9.5M | -- |
| Construction In Progress Total | 446.0M | 259.0M | 153.0M | 89.0M | 87.7M | 86.6M | 94.8M | -- | 23.1M | 3.3M | 2.0M | -- | -- | 9.5M | -- |
| Intangible Assets | 70.6M | 73.7M | 68.3M | 71.5M | 66.7M | 69.9M | 47.9M | 19.4M | 51.6M | 36.6M | 37.8M | 39.2M | 5.3M | 6.3M | 7.1M |
| Long Term Deferred Expenses | -- | 105,900 | 428,000 | 2.2M | 4.0M | 2.0M | 4.6M | -- | -- | -- | 65,700 | 178,200 | -- | -- | -- |
| Total Non Current Assets | 611.0M | 405.0M | 284.0M | 215.0M | 209.0M | 200.0M | 198.0M | 71.1M | 98.5M | 74.2M | 55.2M | 54.0M | 19.3M | 17.0M | 7.8M |
| Total Assets | 1.5B | 1.6B | 811.0M | 676.0M | 607.0M | 484.0M | 417.0M | 537.0M | 433.0M | 307.0M | 311.0M | 277.0M | 85.8M | 57.3M | 42.1M |
| Short Term Borrowings | 213.0M | 155.0M | 180.0M | 102.0M | 57.7M | 93.1M | 101.0M | 121.0M | 110.0M | 49.5M | 29.0M | 37.0M | 3.0M | 3.0M | 3.0M |
| Accounts Payable | 343.0M | 257.0M | 248.0M | 214.0M | 184.0M | 152.0M | 143.0M | -- | 49.1M | 49.9M | 47.8M | 39.0M | 12.6M | 7.3M | 9.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 102.0M | 70.9M | 1.4M | 278,100 | 333,200 | 31.3M | 39.2M | 8.9M | 1.5M | 2.9M |
| Contract Liabilities | 17.0M | 10.8M | 6.4M | 92.3M | 164.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 653.0M | 565.0M | 531.0M | 481.0M | 470.0M | 421.0M | 380.0M | 319.0M | 222.0M | 165.0M | 184.0M | 133.0M | 32.4M | 27.5M | 20.2M |
| Long Term Borrowings | 75.0M | 77.0M | -- | -- | 2.8M | -- | 8.0M | -- | -- | -- | -- | 25.0M | -- | -- | -- |
| Total Non Current Liabilities | 80.4M | 82.5M | 8.4M | 8.7M | 6.7M | 4.3M | 12.7M | 75,800 | -- | -- | -- | 25.0M | 1.4M | 560,000 | 560,000 |
| Total Liabilities | 733.0M | 648.0M | 539.0M | 490.0M | 477.0M | 425.0M | 392.0M | 319.0M | 222.0M | 165.0M | 184.0M | 158.0M | 33.9M | 28.1M | 20.7M |
| Paid In Capital | 68.6M | 68.6M | 51.4M | 51.4M | 51.4M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 50.0M | 40.0M | 16.0M | 16.0M |
| Capital Reserve | 659.0M | 659.0M | 47.3M | 47.3M | 69.1M | 60.0M | 60.0M | 68.6M | 81.4M | 59.5M | 59.5M | 59.5M | 1.0M | 1.0M | 1.0M |
| Surplus Reserve | 29.0M | 29.0M | 24.7M | 17.7M | 10.5M | 9.6M | 9.6M | 9.6M | 5.1M | 5.0M | 5.0M | 5.0M | 1.1M | 1.2M | 439,600 |
| Retained Earnings | 16.6M | 164.0M | 149.0M | 69.4M | -15.3M | -85.3M | -120.0M | 88.7M | 47.6M | 27.8M | 12.2M | 4.9M | 9.9M | 11.0M | 4.0M |
| Minority Equity | -417,700 | -159,300 | 175,900 | 217,600 | 14.1M | 24.2M | 25.4M | 276,500 | 26.9M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 773.0M | 921.0M | 272.0M | 186.0M | 116.0M | 34.4M | -780,200 | 217.0M | 184.0M | 142.0M | 127.0M | 119.0M | 52.0M | 29.3M | 21.4M |
| Total Equity | 773.0M | 920.0M | 272.0M | 186.0M | 130.0M | 58.6M | 24.6M | 217.0M | 211.0M | 142.0M | 127.0M | 119.0M | 52.0M | 29.3M | 21.4M |
| 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 | FY 2013Dec 31, 2013 | FY 2008Dec 31, 2008 | FY 2007Dec 31, 2007 | FY 2006Dec 31, 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 125.0M | 173.0M | 232.0M | 317.0M | 381.0M | 334.0M | 246.0M | 246.0M | 161.0M | 130.0M | 82.6M | 83.2M | 78.9M | 48.3M | 28.7M |
| Tax Refunds Received | 18,200 | 17,000 | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 205.0M | 283.0M | 242.0M | 329.0M | 418.0M | 352.0M | 299.0M | 258.0M | 173.0M | 178.0M | 117.0M | 88.0M | 82.2M | 52.1M | 30.2M |
| Cash Paid For Goods | 132.0M | 235.0M | 182.0M | 205.0M | 210.0M | 192.0M | 146.0M | 155.0M | 99.5M | 65.7M | 44.1M | 79.3M | 41.2M | 25.0M | 12.3M |
| Cash Paid To Employees | 65.7M | 61.2M | 48.7M | 50.9M | 41.6M | 48.9M | 44.9M | 36.7M | 26.4M | 22.1M | 22.0M | 23.3M | 8.8M | 4.8M | 5.5M |
| Taxes Paid | 10.4M | 34.4M | 8.8M | 32.1M | 58.8M | 25.2M | 23.1M | 18.6M | 11.1M | 7.5M | 4.0M | 14.0M | 14.4M | 3.0M | 2.1M |
| Total Operating Cash Outflow | 327.0M | 467.0M | 267.0M | 324.0M | 354.0M | 320.0M | 276.0M | 262.0M | 176.0M | 169.0M | 96.2M | 154.0M | 74.3M | 43.5M | 28.8M |
| Operating Cash Flow | -123.0M | -184.0M | -25.2M | 5.2M | 63.6M | 32.0M | 22.9M | -3.6M | -3.2M | 9.8M | 21.2M | -66.0M | 7.8M | 8.6M | 1.4M |
| Total Investing Cash Inflow | 72.2M | 60.1M | 2,480 | -- | -- | -- | -- | 3.5M | -- | -- | -- | 149,600 | -- | -- | -- |
| Total Investing Cash Outflow | 193.0M | 187.0M | 18.3M | 4.3M | 19.2M | 21.2M | 29.8M | 36.1M | 12.3M | 19.8M | 2.0M | 581,600 | 1.3M | 10.1M | 47,400 |
| Investing Cash Flow | -121.0M | -127.0M | -18.3M | -4.3M | -19.2M | -21.2M | -29.8M | -32.6M | -12.3M | -19.8M | -2.0M | -432,000 | -1.3M | -10.1M | -47,400 |
| Cash From Borrowings | 237.0M | 240.0M | 194.0M | 175.0M | 89.9M | 95.0M | 109.0M | 144.0M | 110.0M | 71.5M | 30.0M | 77.0M | 5.0M | 3.0M | 3.0M |
| Dividends And Interest Paid | 24.9M | 12.2M | 6.4M | 6.8M | 8.8M | 8.9M | 9.7M | 6.7M | 5.7M | 4.0M | 4.3M | 3.2M | 420,300 | 226,800 | 191,100 |
| Debt Repayments | 182.0M | 186.0M | 118.0M | 136.0M | 128.0M | 104.0M | 121.0M | 134.0M | 71.5M | 54.0M | 38.0M | 47.0M | 5.0M | 3.0M | 3.0M |
| Total Financing Cash Inflow | 237.0M | 923.0M | 207.0M | 214.0M | 144.0M | 161.0M | 190.0M | 173.0M | 160.0M | 71.5M | 30.0M | 77.0M | 20.2M | 7.6M | 3.0M |
| Total Financing Cash Outflow | 207.0M | 250.0M | 156.0M | 213.0M | 185.0M | 174.0M | 233.0M | 145.0M | 77.2M | 58.0M | 42.3M | 50.3M | 17.1M | 5.5M | 3.2M |
| Financing Cash Flow | 29.8M | 673.0M | 50.7M | 1.3M | -40.9M | -13.6M | -43.1M | 27.3M | 82.9M | 13.5M | -12.3M | 26.7M | 3.1M | 2.1M | -191,100 |
| Net Change In Cash | -214.0M | 362.0M | 7.3M | 2.2M | 3.5M | -2.9M | -50.1M | -9.0M | 67.5M | 3.5M | 6.9M | -39.8M | 9.6M | 636,000 | 1.2M |
| Ending Cash Balance | 188.0M | 402.0M | 40.0M | 32.7M | 30.5M | 27.0M | 29.9M | 71.4M | 80.4M | 12.9M | 9.4M | 2.5M | -- | -- | -- |
| Capex | 133.0M | 127.0M | 18.3M | 4.3M | 19.2M | 21.2M | 29.8M | 21.6M | 7.4M | 19.8M | 2.0M | 581,600 | 1.3M | 5.5M | 47,400 |