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 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 330.0M | 449.0M | 537.0M | 525.0M | 484.0M | 468.0M | 395.0M | 321.0M | 289.0M | 202.0M | 143.0M | 67.0M | 20.7M |
| Revenue Growth % | -26.5% | -16.4% | 2.3% | 8.5% | 3.4% | 18.5% | 23.1% | 11.1% | 43.1% | 41.3% | 113.4% | 224.0% | -- |
| Total Revenue | 330.0M | 449.0M | 537.0M | 525.0M | 484.0M | 468.0M | 395.0M | 321.0M | 289.0M | 202.0M | 143.0M | 67.0M | 20.7M |
| Cost Of Revenue | 268.0M | 327.0M | 371.0M | 367.0M | 339.0M | 322.0M | 263.0M | 237.0M | 206.0M | 143.0M | 122.0M | 60.7M | 18.3M |
| Gross Profit | 62.0M | 122.0M | 166.0M | 158.0M | 145.0M | 146.0M | 132.0M | 84.0M | 83.0M | 59.0M | 21.0M | 6.3M | 2.4M |
| Gross Margin % | 18.8% | 27.2% | 30.9% | 30.1% | 30.0% | 31.2% | 33.4% | 26.2% | 28.7% | 29.2% | 14.7% | 9.4% | 11.6% |
| Total Operating Cost | 321.0M | 365.0M | 416.0M | 413.0M | 377.0M | 365.0M | 300.0M | 271.0M | 239.0M | 173.0M | 138.0M | 66.8M | 19.8M |
| Selling Expenses | 9.4M | 6.9M | 11.4M | 12.7M | 8.7M | 11.3M | 10.3M | 8.4M | 6.7M | 4.0M | 2.7M | 2.1M | 440,200 |
| Admin Expenses | 22.6M | 17.7M | 14.4M | 14.5M | 12.2M | 11.7M | 10.3M | 11.8M | 9.6M | 19.0M | 12.3M | 4.0M | 1.1M |
| Rd Expenses | 26.8M | 20.9M | 20.4M | 16.2M | 14.2M | 13.3M | 12.6M | 9.9M | 8.7M | -- | -- | -- | -- |
| Finance Expenses | -9.9M | -9.6M | -5.3M | -3.2M | -496,300 | -84,700 | -70,000 | 1.5M | 3.5M | 4.7M | 1.1M | -54,300 | -34,500 |
| Operating Income | 40.5M | 101.0M | 131.0M | 124.0M | 122.0M | 115.0M | 101.0M | 54.6M | 50.2M | 29.6M | 4.5M | 268,400 | 866,000 |
| Operating Margin % | 12.3% | 22.5% | 24.4% | 23.6% | 25.2% | 24.6% | 25.6% | 17.0% | 17.4% | 14.6% | 3.1% | 0.4% | 4.2% |
| Non Operating Income | 121,900 | -- | 5,300 | 8,400 | 32,000 | -- | 2,300 | 2.5M | 2.7M | 1.1M | 746,100 | -- | -- |
| Non Operating Expenses | 58,300 | 41,200 | 15,800 | 11,700 | 42,800 | 50.00 | 55,200 | 3,800 | 700.00 | 17,300 | -- | -- | 2,000 |
| Investment Income | 23.9M | 7.1M | 3.5M | 2.7M | 2.1M | 1.9M | 572,900 | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 3.1M | 1.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -9,800 | -- | -30,300 | -54,500 | -170,200 | -18,100 | -585,000 | -122,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 4.5M | 935,800 | 1.2M | 179,900 | 296,400 | 515,500 | 1.1M | -4,700 | 1.7M | 908,600 | 217,400 | 900.00 | -- |
| Other Income | 4.3M | 7.7M | 6.6M | 8.9M | 12.8M | 9.9M | 4.9M | 4.5M | -- | -- | -- | -- | -- |
| Income Before Tax | 40.5M | 101.0M | 131.0M | 124.0M | 122.0M | 115.0M | 101.0M | 57.1M | 52.9M | 30.7M | 5.2M | 268,400 | 864,000 |
| Income Tax | 3.9M | 17.2M | 24.6M | 21.0M | 24.9M | 20.9M | 18.5M | 11.2M | 11.1M | 7.7M | 1.7M | 230,100 | 242,200 |
| Net Income | 36.7M | 83.4M | 106.0M | 103.0M | 96.7M | 94.2M | 82.0M | 45.9M | 41.9M | 23.0M | 3.6M | 38,300 | 621,800 |
| Net Margin % | 11.1% | 18.6% | 19.7% | 19.6% | 20.0% | 20.1% | 20.8% | 14.3% | 14.5% | 11.4% | 2.5% | 0.1% | 3.0% |
| Net Income Attributable | 37.0M | 83.4M | 106.0M | 103.0M | 96.7M | 94.2M | 82.0M | 45.9M | 41.9M | 23.0M | 3.6M | 38,300 | 621,800 |
| Minority Interest | -392,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.51 | 1.36 | 1.93 | 1.87 | 1.76 | 1.71 | 1.49 | 0.83 | 0.76 | 0.44 | 0.07 | 0.00 | 0.02 |
| Eps Diluted | 0.51 | 1.36 | 1.93 | 1.87 | 1.76 | 1.71 | 1.49 | 0.83 | 0.76 | 0.44 | -- | -- | -- |
| 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 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 69.9M | 713.0M | 308.0M | 199.0M | 78.4M | 26.5M | 12.8M | 23.7M | 3.6M | 12.9M | 532,700 | 3.4M | 210,000 |
| Trading Financial Assets | 1.0B | 641.0M | 90.0M | 90.0M | 90.0M | 70.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 50.0M | 86.9M | 129.0M | 106.0M | 74.7M | 114.0M | 74.3M | 71.0M | -- | 48.0M | 34.2M | 8.6M | 7.2M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 63.3M | 33.7M | -- | 31.4M | 20.1M | 21.3M | 7.6M |
| Notes And Accounts Receivable | 50.0M | 86.9M | 129.0M | 106.0M | 74.7M | 114.0M | 138.0M | 105.0M | 90.4M | 79.5M | 54.3M | 29.9M | 14.8M |
| Prepayments | 1.3M | 178,200 | 60,100 | 103,900 | 33,100 | 259,000 | 585,600 | 477,200 | 210,500 | 561,500 | 762,500 | 209,300 | 1.1M |
| Inventory | 68.9M | 70.2M | 90.8M | 58.0M | 45.4M | 62.6M | 60.0M | 32.1M | 27.5M | 39.8M | 40.7M | 15.8M | 5.8M |
| Total Current Assets | 1.3B | 1.6B | 708.0M | 574.0M | 438.0M | 351.0M | 259.0M | 161.0M | 122.0M | 134.0M | 98.8M | 61.6M | 29.3M |
| Fixed Assets | -- | 62.6M | 65.0M | 70.4M | 75.8M | 76.2M | 77.1M | 76.9M | -- | 75.4M | 78.0M | 2.2M | 713,400 |
| Fixed Assets Total | 58.0M | 62.6M | 65.0M | 70.4M | 75.8M | 76.2M | 77.1M | 76.9M | 71.8M | 75.4M | 78.0M | 2.2M | 713,400 |
| Construction In Progress | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 45.6M | 22.2M |
| Construction In Progress Total | 10.1M | -- | -- | -- | -- | -- | -- | -- | 51,800 | -- | -- | 45.6M | 22.2M |
| Intangible Assets | 37.7M | 9.1M | 9.5M | 9.8M | 10.1M | 10.4M | 10.6M | 11.0M | 11.2M | 11.6M | 11.7M | 11.4M | 11.6M |
| Total Non Current Assets | 371.0M | 78.1M | 80.7M | 86.0M | 90.3M | 91.3M | 90.9M | 89.9M | 87.2M | 89.0M | 91.6M | 60.9M | 34.5M |
| Total Assets | 1.7B | 1.7B | 789.0M | 660.0M | 528.0M | 443.0M | 350.0M | 251.0M | 209.0M | 223.0M | 190.0M | 123.0M | 63.8M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | -- | 90.0M | 50.0M | -- | -- |
| Accounts Payable | 42.6M | 56.3M | 67.4M | 57.6M | 39.0M | 54.4M | 45.1M | 36.7M | -- | 15.9M | 28.8M | 22.9M | 12.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 630,100 | 2.1M | 707,600 | 363,800 | 458,200 | 1.8M | 40,200 | -- |
| Contract Liabilities | 980,200 | 615,200 | 244,200 | 1.3M | 1.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 60.7M | 79.4M | 103.0M | 83.3M | 54.9M | 69.5M | 73.8M | 59.3M | 62.5M | 118.0M | 136.0M | 71.9M | 13.2M |
| Total Non Current Liabilities | 10.7M | 16.5M | 15.4M | 12.6M | 11.4M | 8.4M | 5.8M | 3.3M | 3.8M | 2.5M | 25,000 | -- | -- |
| Total Liabilities | 71.5M | 95.9M | 118.0M | 95.9M | 66.3M | 77.9M | 79.6M | 62.6M | 66.2M | 120.0M | 136.0M | 71.9M | 13.2M |
| Paid In Capital | 73.3M | 73.3M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M | 55.0M | 50.0M | 50.0M | 50.0M |
| Capital Reserve | 848.0M | 848.0M | 18.5M | 18.5M | 18.5M | 18.5M | 18.5M | 18.5M | 18.5M | 15.6M | 673,600 | -- | -- |
| Surplus Reserve | 34.2M | 31.9M | 27.5M | 27.1M | 22.8M | 16.8M | 10.2M | 7.3M | 4.8M | 2.3M | 291,600 | 64,600 | 60,800 |
| Retained Earnings | 658.0M | 648.0M | 569.0M | 464.0M | 365.0M | 275.0M | 187.0M | 108.0M | 64.5M | 30.0M | 3.2M | 581,800 | 547,300 |
| Minority Equity | 9.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 670.0M | 564.0M | 462.0M | 365.0M | 271.0M | 189.0M | 143.0M | 103.0M | 54.2M | 50.6M | 50.6M |
| Total Equity | 1.6B | 1.6B | 670.0M | 564.0M | 462.0M | 365.0M | 271.0M | 189.0M | 143.0M | 103.0M | 54.2M | 50.6M | 50.6M |
| 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 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 235.0M | 286.0M | 335.0M | 370.0M | 317.0M | 302.0M | 274.0M | 208.0M | 252.0M | 117.0M | 157.0M | 63.4M | 9.4M |
| Tax Refunds Received | 2.8M | 3.7M | 3.2M | 2.7M | 2.6M | 2.0M | 274,800 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 249.0M | 303.0M | 352.0M | 387.0M | 331.0M | 313.0M | 279.0M | 213.0M | 255.0M | 118.0M | 163.0M | 63.8M | 10.9M |
| Cash Paid For Goods | 69.6M | 78.9M | 138.0M | 151.0M | 151.0M | 150.0M | 146.0M | 114.0M | 111.0M | 93.0M | 159.0M | 71.4M | 16.3M |
| Cash Paid To Employees | 66.1M | 49.1M | 51.0M | 45.4M | 40.3M | 44.9M | 40.1M | 33.4M | 24.7M | 21.2M | 8.0M | 2.5M | 265,300 |
| Taxes Paid | 18.2M | 53.5M | 34.1M | 51.0M | 50.0M | 56.9M | 42.4M | 27.7M | 22.8M | 13.1M | 1.6M | 693,700 | 327,200 |
| Total Operating Cash Outflow | 170.0M | 198.0M | 240.0M | 270.0M | 261.0M | 267.0M | 242.0M | 187.0M | 168.0M | 134.0M | 174.0M | 76.5M | 17.8M |
| Operating Cash Flow | 78.4M | 105.0M | 111.0M | 117.0M | 69.9M | 45.7M | 37.6M | 26.0M | 87.3M | -15.9M | -11.2M | -12.7M | -6.9M |
| Total Investing Cash Inflow | 2.8B | 763.0M | 184.0M | 163.0M | 289.0M | 485.0M | 152.0M | 1.6M | 745,000 | -- | 628,000 | -- | -- |
| Total Investing Cash Outflow | 3.5B | 1.3B | 182.0M | 163.0M | 313.0M | 512.0M | 205.0M | 6.0M | 4.3M | 5.1M | 27.5M | 27.2M | 23.0M |
| Investing Cash Flow | -696.0M | -548.0M | 1.6M | -105,100 | -23.7M | -26.8M | -53.2M | -4.4M | -3.5M | -5.1M | -26.9M | -27.2M | -23.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | 10.0M | 69.0M | -- | 140.0M | -- | -- | -- |
| Dividends And Interest Paid | 24.8M | -- | -- | -- | -- | -- | 133,200 | 1.5M | 3.3M | 1.9M | 1.1M | -- | -- |
| Debt Repayments | -- | -- | -- | -- | -- | -- | 10.0M | 69.0M | 90.0M | 100.0M | -- | -- | -- |
| Total Financing Cash Inflow | 10.0M | 866.0M | -- | -- | -- | -- | 10.0M | 69.0M | 601,800 | 238.0M | 113.0M | 73.7M | 51.0M |
| Total Financing Cash Outflow | 30.1M | 17.4M | 218,900 | 87,800 | -- | 1.1M | 10.1M | 70.5M | 93.6M | 204.0M | 77.5M | 30.6M | 21.2M |
| Financing Cash Flow | -20.1M | 849.0M | -218,900 | -87,800 | -- | -1.1M | -133,200 | -1.5M | -93.0M | 33.4M | 35.2M | 43.1M | 29.8M |
| Net Change In Cash | -637.0M | 406.0M | 113.0M | 117.0M | 46.3M | 17.8M | -15.8M | 20.1M | -9.2M | 12.3M | -2.9M | 3.2M | -64,300 |
| Ending Cash Balance | 69.9M | 707.0M | 301.0M | 189.0M | 72.0M | 25.7M | 7.9M | 23.7M | 3.6M | 12.9M | 532,700 | 3.4M | 210,000 |
| Capex | 42.6M | 5.6M | 1.9M | 2.9M | 5.8M | 6.5M | 6.3M | 4.6M | 3.9M | 5.1M | 21.1M | 26.5M | 23.0M |