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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 673.0M | 515.0M | 433.0M | 352.0M | 336.0M | 284.0M | 194.0M | 56.6M | 37.4M |
| Revenue Growth % | 30.7% | 18.9% | 23.0% | 4.8% | 18.3% | 46.4% | 243.0% | 51.3% | -- |
| Total Revenue | 673.0M | 515.0M | 433.0M | 352.0M | 336.0M | 284.0M | 194.0M | 56.6M | 37.4M |
| Cost Of Revenue | 539.0M | 352.0M | 255.0M | 191.0M | 189.0M | 166.0M | 106.0M | 20.7M | 20.1M |
| Gross Profit | 134.0M | 163.0M | 178.0M | 161.0M | 147.0M | 118.0M | 88.0M | 35.9M | 17.3M |
| Gross Margin % | 19.9% | 31.7% | 41.1% | 45.7% | 43.8% | 41.5% | 45.4% | 63.5% | 46.3% |
| Total Operating Cost | 632.0M | 456.0M | 352.0M | 279.0M | 265.0M | 245.0M | 170.0M | 40.1M | 34.4M |
| Selling Expenses | 44.0M | 44.8M | 35.0M | 30.0M | 23.1M | 25.2M | 18.2M | 3.4M | 2.5M |
| Admin Expenses | 25.2M | 27.3M | 24.0M | 26.2M | 23.4M | 24.5M | 24.5M | 14.6M | 11.5M |
| Rd Expenses | 26.4M | 27.6M | 25.7M | 21.3M | 22.0M | 20.0M | 16.0M | -- | -- |
| Finance Expenses | -10.3M | -6.9M | -80,600 | -992,100 | -778,700 | 693,700 | 442,200 | 300,000 | 215,800 |
| Operating Income | 42.3M | 65.1M | 87.7M | 79.1M | 76.1M | 44.6M | 26.4M | 16.5M | 3.0M |
| Operating Margin % | 6.3% | 12.6% | 20.2% | 22.5% | 22.6% | 15.7% | 13.6% | 29.2% | 7.9% |
| Non Operating Income | 12,000 | -- | -- | -- | -- | -- | -- | 529,000 | 364,900 |
| Non Operating Expenses | 89,300 | 393,400 | 232,600 | 39,400 | 515,000 | 39,900 | 57,200 | 86,200 | 37,100 |
| Investment Income | -2.8M | 178,400 | 340,400 | -- | -- | -- | 260,800 | -- | -- |
| Fair Value Change Income | 2.3M | 283,100 | 63,300 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1,500 | 592,200 | 18,600 | 20,400 | -- | -99,000 | 243,000 | -- | -- |
| Asset Impairment Loss | 13,800 | 105,100 | 12,400 | 342,500 | 241,500 | -- | 4.4M | 691,100 | -15,600 |
| Other Income | 1.8M | 5.7M | 6.2M | 5.6M | 5.4M | 5.1M | 2.3M | -- | -- |
| Income Before Tax | 42.2M | 64.7M | 87.4M | 79.1M | 75.5M | 44.5M | 26.3M | 16.9M | 3.3M |
| Income Tax | 6.7M | 8.5M | 12.7M | 11.9M | 11.2M | 6.5M | 2.9M | 3.3M | 610,200 |
| Net Income | 35.5M | 56.2M | 74.8M | 67.1M | 64.4M | 38.1M | 23.4M | 13.6M | 2.7M |
| Net Margin % | 5.3% | 10.9% | 17.3% | 19.1% | 19.2% | 13.4% | 12.0% | 24.0% | 7.2% |
| Net Income Attributable | 35.5M | 56.2M | 74.8M | 67.1M | 64.4M | 38.1M | 23.6M | 15.3M | 2.7M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -173,500 | -1.8M | -5,300 |
| Eps Basic | 0.59 | 1.02 | 1.66 | 1.49 | 1.43 | 0.92 | 0.57 | 1.53 | 0.27 |
| Eps Diluted | 0.59 | 1.02 | 1.66 | 1.49 | 1.43 | 0.92 | 0.57 | 1.53 | 0.27 |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 448.0M | 587.0M | 118.0M | 137.0M | 136.0M | 152.0M | 54.8M | 6.3M | 6.2M |
| Trading Financial Assets | 123.0M | 20.6M | 20.2M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 407.0M | 353.0M | 328.0M | 244.0M | 196.0M | 127.0M | 87.4M | 31.8M | 14.1M |
| Notes Receivable | 2.1M | 1.3M | 7.9M | 3.2M | 3.4M | 2.0M | 1.9M | -- | -- |
| Notes And Accounts Receivable | 409.0M | 354.0M | 336.0M | 248.0M | 199.0M | 129.0M | 89.3M | 31.8M | 14.1M |
| Prepayments | 5.5M | 13.0M | 5.1M | 822,700 | 3.8M | 3.6M | 2.0M | 61,500 | 3.6M |
| Inventory | 180.0M | 60.6M | 31.0M | 39.4M | 24.2M | 23.9M | 17.9M | -- | -- |
| Total Current Assets | 1.2B | 1.1B | 528.0M | 442.0M | 380.0M | 316.0M | 171.0M | 39.5M | 29.6M |
| Long Term Equity Investment | 8.1M | 5.9M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 9.6M | 5.8M | 6.4M | 6.7M | 7.9M | 7.8M | 6.0M | 2.4M |
| Fixed Assets Total | 10.5M | 9.6M | 5.8M | 6.4M | 6.7M | 7.9M | 7.8M | 6.0M | 2.4M |
| Construction In Progress | -- | 94.4M | 58.6M | 4.5M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 202.0M | 94.4M | 58.6M | 4.5M | -- | -- | -- | -- | -- |
| Intangible Assets | 14.3M | 14.7M | 14.9M | 15.4M | 895,100 | 835,300 | 531,100 | -- | -- |
| Long Term Deferred Expenses | 1.2M | 225,500 | 239,600 | 290,400 | 623,000 | 1.1M | 1.8M | 630,500 | 95,900 |
| Total Non Current Assets | 268.0M | 145.0M | 96.0M | 39.6M | 28.9M | 14.6M | 13.4M | 7.0M | 2.7M |
| Total Assets | 1.5B | 1.2B | 624.0M | 482.0M | 408.0M | 331.0M | 184.0M | 46.5M | 32.3M |
| Short Term Borrowings | -- | -- | -- | -- | 5.6M | 25.0M | 17.0M | 6.0M | 3.2M |
| Accounts Payable | 292.0M | 151.0M | 114.0M | 81.4M | 81.4M | 45.6M | 20.9M | 3.3M | 9.0M |
| Advance Receipts | 178,900 | -- | -- | -- | -- | 19.1M | 8.4M | 470,200 | 237,200 |
| Contract Liabilities | 147.0M | 31.9M | 27.9M | 14.6M | 11.8M | -- | -- | -- | -- |
| Total Current Liabilities | 502.0M | 249.0M | 208.0M | 153.0M | 149.0M | 128.0M | 72.0M | 18.6M | 17.0M |
| Long Term Borrowings | -- | -- | 10.2M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.6M | 430,300 | 12.6M | 1.1M | 200.00 | 300.00 | 500.00 | -- | -- |
| Total Liabilities | 503.0M | 249.0M | 221.0M | 154.0M | 149.0M | 128.0M | 72.0M | 18.6M | 17.0M |
| Paid In Capital | 60.0M | 60.0M | 45.0M | 45.0M | 45.0M | 45.0M | 41.2M | 10.0M | 10.0M |
| Capital Reserve | 549.0M | 548.0M | 72.7M | 71.5M | 70.4M | 69.2M | 18.9M | -- | 493,300 |
| Surplus Reserve | 12.5M | 11.6M | 9.7M | 8.6M | 5.9M | 3.9M | 2.2M | 466,200 | 369,100 |
| Retained Earnings | 341.0M | 330.0M | 276.0M | 202.0M | 138.0M | 84.4M | 49.6M | 17.4M | 4.3M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | 179,600 |
| Equity Attributable | 962.0M | 950.0M | 403.0M | 327.0M | 259.0M | 203.0M | 112.0M | 27.9M | 15.1M |
| Total Equity | 962.0M | 950.0M | 403.0M | 327.0M | 259.0M | 203.0M | 112.0M | 27.9M | 15.3M |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 804.0M | 530.0M | 381.0M | 319.0M | 266.0M | 265.0M | 166.0M | 41.7M | 35.9M |
| Tax Refunds Received | 119,300 | 430,700 | 1.9M | 4.4M | 846,500 | 1.0M | 311,200 | 125,200 | 1,800 |
| Total Operating Cash Inflow | 842.0M | 550.0M | 396.0M | 341.0M | 278.0M | 276.0M | 172.0M | 48.8M | 38.3M |
| Cash Paid For Goods | 511.0M | 287.0M | 175.0M | 163.0M | 107.0M | 100.0M | 58.6M | 21.1M | 10.7M |
| Cash Paid To Employees | 145.0M | 148.0M | 131.0M | 108.0M | 93.8M | 89.0M | 80.8M | 13.4M | 9.8M |
| Taxes Paid | 25.4M | 26.8M | 26.0M | 27.0M | 18.2M | 13.8M | 13.3M | 1.8M | 1.6M |
| Total Operating Cash Outflow | 744.0M | 504.0M | 370.0M | 324.0M | 251.0M | 235.0M | 178.0M | 45.1M | 32.2M |
| Operating Cash Flow | 98.0M | 45.9M | 25.9M | 16.6M | 26.6M | 41.1M | -6.0M | 3.7M | 6.1M |
| Total Investing Cash Inflow | 140.0M | 21.3M | 30.3M | 40,000 | -- | 778,400 | 2.3M | 49,000 | 12,700 |
| Total Investing Cash Outflow | 235.0M | 197.0M | 86.1M | 2.5M | 15.5M | 4.1M | 5.4M | 5.1M | 1.8M |
| Investing Cash Flow | -94.8M | -176.0M | -55.7M | -2.4M | -15.5M | -3.4M | -3.1M | -5.1M | -1.7M |
| Cash From Borrowings | -- | 22.6M | 15.4M | 5.0M | 5.6M | 25.0M | 17.0M | 9.2M | 3.2M |
| Dividends And Interest Paid | 24.0M | 397,200 | 214,900 | 68,200 | 9.5M | 873,000 | 603,300 | 289,600 | 202,900 |
| Debt Repayments | -- | 32.8M | 5.2M | 10.6M | 25.0M | 17.0M | 19.0M | 6.4M | 3.2M |
| Total Financing Cash Inflow | -- | 514.0M | 15.6M | 5.0M | 5.6M | 78.0M | 23.0M | 9.2M | 3.2M |
| Total Financing Cash Outflow | 30.2M | 38.3M | 10.7M | 16.4M | 34.5M | 17.9M | 19.6M | 7.7M | 3.4M |
| Financing Cash Flow | -30.2M | 476.0M | 4.9M | -11.4M | -28.9M | 60.2M | 3.4M | 1.5M | -202,900 |
| Net Change In Cash | -26.9M | 346.0M | -24.9M | 2.7M | -17.8M | 98.0M | -5.7M | 123,800 | 4.1M |
| Ending Cash Balance | 430.0M | 457.0M | 110.0M | 135.0M | 132.0M | 150.0M | 52.3M | 6.3M | 6.2M |
| Capex | 110.0M | 50.5M | 35.9M | 2.5M | 15.5M | 4.1M | 5.4M | 5.1M | 1.8M |