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 | 416.0M | 364.0M | 342.0M | 309.0M | 267.0M | 225.0M | 232.0M | 210.0M | 144.0M | 116.0M | 99.8M | 83.7M | 62.8M |
| Revenue Growth % | 14.3% | 6.4% | 10.7% | 15.7% | 18.7% | -3.0% | 10.5% | 45.8% | 24.1% | 16.2% | 19.2% | 33.3% | -- |
| Total Revenue | 416.0M | 364.0M | 342.0M | 309.0M | 267.0M | 225.0M | 232.0M | 210.0M | 144.0M | 116.0M | 99.8M | 83.7M | 62.8M |
| Cost Of Revenue | 280.0M | 227.0M | 213.0M | 192.0M | 168.0M | 146.0M | 155.0M | 120.0M | 89.9M | 72.4M | 61.4M | 56.9M | 43.4M |
| Gross Profit | 136.0M | 137.0M | 129.0M | 117.0M | 99.0M | 79.0M | 77.0M | 90.0M | 54.1M | 43.6M | 38.5M | 26.9M | 19.4M |
| Gross Margin % | 32.7% | 37.6% | 37.7% | 37.9% | 37.1% | 35.1% | 33.2% | 42.9% | 37.6% | 37.6% | 38.5% | 32.1% | 30.9% |
| Total Operating Cost | 379.0M | 307.0M | 278.0M | 252.0M | 220.0M | 205.0M | 212.0M | 167.0M | 131.0M | 104.0M | 85.1M | 74.0M | 56.0M |
| Selling Expenses | 25.7M | 24.1M | 15.4M | 14.2M | 10.8M | 13.4M | 13.5M | 11.2M | 7.5M | 7.5M | 3.6M | 2.9M | 2.1M |
| Admin Expenses | 44.2M | 35.7M | 23.0M | 22.8M | 19.9M | 21.3M | 24.0M | 18.5M | 29.2M | 21.4M | 19.6M | 13.7M | 8.9M |
| Rd Expenses | 27.9M | 21.6M | 20.0M | 16.8M | 14.5M | 13.4M | 11.3M | 9.1M | -- | -- | -- | -- | -- |
| Finance Expenses | -9.9M | -7.8M | -388,100 | 171,400 | 4,300 | 1.1M | -41,300 | 1.6M | 434,700 | 620,100 | -496,300 | 159,900 | 546,000 |
| Operating Income | 45.9M | 59.5M | 71.0M | 59.9M | 50.4M | 22.7M | 21.6M | 45.8M | 13.8M | 12.8M | 14.7M | 9.7M | 6.8M |
| Operating Margin % | 11.0% | 16.3% | 20.8% | 19.4% | 18.9% | 10.1% | 9.3% | 21.8% | 9.6% | 11.0% | 14.7% | 11.6% | 10.8% |
| Non Operating Income | 177,400 | 140,900 | 17,000 | 617,900 | 1.4M | 374,800 | 1.4M | 112,400 | 5.2M | 1.8M | 243,900 | 339,400 | 600,700 |
| Non Operating Expenses | 316,600 | 144,900 | 463,700 | 597,000 | 242,000 | 196,700 | 99,200 | 61,300 | 75,800 | 125,800 | 356,400 | 484,600 | 43,200 |
| Investment Income | 2.6M | -5,503 | -40,800 | 182,000 | 990,900 | -54,500 | 195.93 | 3,242 | 29,300 | 9,584 | -- | -- | -- |
| Fair Value Change Income | 2.3M | 8,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 331,700 | -- | 85,400 | 35,400 | -1,300 | -1,700 | -1.5M | -17,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 6.9M | 2.6M | 3.0M | 4.1M | 1.4M | 7.2M | 6.2M | 4.8M | 2.8M | 1.2M | 462,000 | 195,100 | 713,000 |
| Other Income | 3.6M | 2.3M | 6.6M | 2.1M | 2.6M | 2.0M | 2.5M | 2.6M | -- | -- | -- | -- | -- |
| Income Before Tax | 45.8M | 59.4M | 70.5M | 59.9M | 51.5M | 22.9M | 22.9M | 45.8M | 18.9M | 14.5M | 14.6M | 9.5M | 7.3M |
| Income Tax | 9.0M | 7.4M | 9.7M | 5.5M | 6.0M | 2.7M | 3.4M | 6.1M | 1.7M | 1.7M | 2.8M | 1.3M | 524,700 |
| Net Income | 36.8M | 52.1M | 60.8M | 54.4M | 45.5M | 20.2M | 19.5M | 39.7M | 17.2M | 12.8M | 11.8M | 8.2M | 6.8M |
| Net Margin % | 8.9% | 14.3% | 17.8% | 17.6% | 17.0% | 9.0% | 8.4% | 18.9% | 11.9% | 11.0% | 11.8% | 9.8% | 10.9% |
| Net Income Attributable | 37.0M | 54.1M | 61.5M | 54.4M | 44.1M | 19.4M | 18.5M | 38.8M | 16.6M | 13.2M | 10.2M | 8.2M | 6.8M |
| Minority Interest | -133,600 | -2.1M | -704,600 | 14,300 | 1.4M | 802,000 | 951,400 | 924,800 | 562,800 | -238,300 | 1.5M | 58,900 | -- |
| Eps Basic | 0.32 | 0.56 | 0.70 | 0.63 | 0.51 | 0.29 | 0.27 | 0.62 | 0.28 | 0.35 | 0.29 | 0.41 | 0.32 |
| Eps Diluted | 0.32 | 0.56 | 0.70 | 0.63 | 0.51 | 0.29 | 0.29 | -- | -- | -- | 0.29 | 0.41 | 0.32 |
| 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 | 239.0M | 762.0M | 83.5M | 74.7M | 77.2M | 48.8M | 54.0M | 39.3M | 33.5M | 31.1M | 10.6M | 14.1M | 10.1M |
| Trading Financial Assets | 398.0M | 30.0M | 1.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 108.0M | 84.8M | 79.4M | 47.1M | 51.6M | 44.1M | 38.1M | 28.5M | 22.2M | 16.0M | 15.4M | 17.1M | 12.4M |
| Notes Receivable | 16.3M | 17.1M | 15.7M | 19.5M | 19.3M | 16.6M | 17.3M | 3.3M | 1.7M | 3.6M | 558,300 | 649,800 | 500,000 |
| Notes And Accounts Receivable | 124.0M | 102.0M | 95.1M | 66.6M | 70.9M | 60.7M | 55.4M | 31.8M | 23.9M | 19.5M | 16.0M | 17.8M | 12.9M |
| Prepayments | 12.1M | 5.4M | 6.3M | 4.7M | 4.2M | 2.6M | 7.3M | 4.7M | 4.5M | 5.2M | 1.6M | 3.7M | 3.1M |
| Inventory | 185.0M | 130.0M | 118.0M | 98.2M | 69.7M | 72.0M | 75.9M | 73.4M | 51.7M | 39.7M | 28.5M | 22.8M | 11.9M |
| Total Current Assets | 973.0M | 1.0B | 314.0M | 257.0M | 236.0M | 204.0M | 204.0M | 152.0M | 115.0M | 97.0M | 57.5M | 58.8M | 40.9M |
| Long Term Equity Investment | 1.8M | 1.9M | 1.9M | 1.8M | 1.6M | 1.5M | 338,800 | 470,400 | 494,800 | -- | -- | -- | -- |
| Fixed Assets | -- | 241.0M | 126.0M | 97.9M | 85.3M | 86.8M | 63.0M | -- | 40.8M | 36.6M | 32.6M | 33.6M | 26.3M |
| Fixed Assets Total | 290.0M | 241.0M | 126.0M | 97.9M | 85.3M | 86.8M | 63.0M | 52.5M | 40.8M | 36.6M | 32.6M | 33.6M | 26.3M |
| Construction In Progress | -- | 10.0M | 68.0M | 4.1M | 545,400 | -- | -- | -- | 6.7M | -- | -- | -- | -- |
| Construction In Progress Total | 43.4M | 10.0M | 68.0M | 4.1M | 545,400 | -- | -- | -- | 6.7M | -- | -- | -- | -- |
| Intangible Assets | 38.3M | 39.8M | 41.2M | 22.6M | 23.4M | 4.7M | 4.8M | 3.7M | 3.9M | 4.0M | 4.1M | 4.2M | 4.3M |
| Long Term Deferred Expenses | 4.1M | 944,300 | 862,200 | 1.2M | 1.7M | 739,800 | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 414.0M | 323.0M | 258.0M | 149.0M | 120.0M | 99.6M | 74.2M | 59.6M | 53.8M | 45.0M | 37.1M | 38.0M | 30.7M |
| Total Assets | 1.4B | 1.4B | 572.0M | 406.0M | 356.0M | 304.0M | 278.0M | 211.0M | 169.0M | 142.0M | 94.6M | 96.8M | 71.6M |
| Short Term Borrowings | 214,900 | 11.3M | 33.3M | 146,800 | 19,800 | 15,700 | 39,600 | 10.0M | 15.0M | 14.0M | 19.0M | 10.0M | 8.0M |
| Accounts Payable | 131.0M | 111.0M | 82.2M | 40.6M | 35.4M | 30.0M | 20.1M | 13.8M | 15.5M | 17.9M | 15.1M | 28.6M | 22.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 11.5M | 13.1M | 20.4M | 12.8M | 9.3M | 5.4M | 5.1M | 5.7M |
| Contract Liabilities | 14.1M | 16.4M | 9.9M | 14.4M | 11.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 200.0M | 176.0M | 173.0M | 93.7M | 76.4M | 63.4M | 50.7M | 54.2M | 50.8M | 45.5M | 44.1M | 58.2M | 42.4M |
| Long Term Borrowings | -- | -- | 22.4M | -- | -- | -- | 772,100 | 3.2M | 2.7M | -- | -- | -- | -- |
| Total Non Current Liabilities | 6.6M | 6.9M | 27.2M | 5.5M | 4.7M | 3.0M | 2.7M | 4.1M | 2.7M | 500,000 | -- | -- | -- |
| Total Liabilities | 207.0M | 183.0M | 200.0M | 99.2M | 81.1M | 66.4M | 53.4M | 58.3M | 53.6M | 46.0M | 44.1M | 58.2M | 42.4M |
| Paid In Capital | 116.0M | 116.0M | 86.8M | 86.8M | 86.8M | 66.8M | 66.8M | 59.8M | 39.8M | 39.8M | 35.0M | 25.0M | 20.0M |
| Capital Reserve | 777.0M | 776.0M | 45.9M | 45.9M | 45.4M | 54.4M | 53.5M | 6.7M | 25.3M | 24.5M | 372,800 | -- | -- |
| Surplus Reserve | 32.4M | 28.3M | 22.9M | 17.8M | 13.4M | 9.7M | 8.1M | 6.5M | 3.2M | 1.9M | 775,600 | 1.7M | 960,400 |
| Retained Earnings | 251.0M | 261.0M | 212.0M | 156.0M | 127.0M | 96.9M | 86.3M | 73.7M | 39.9M | 24.5M | 12.5M | 11.8M | 8.3M |
| Minority Equity | -- | 391,600 | 2.4M | 3.1M | 3.1M | 8.6M | 9.5M | 6.1M | 5.6M | 4.8M | 2.0M | 321,800 | -- |
| Equity Attributable | 1.2B | 1.2B | 370.0M | 304.0M | 272.0M | 229.0M | 216.0M | 147.0M | 109.0M | 91.2M | 48.4M | 38.2M | 29.3M |
| Total Equity | 1.2B | 1.2B | 372.0M | 307.0M | 275.0M | 238.0M | 225.0M | 153.0M | 115.0M | 95.9M | 50.5M | 38.6M | 29.3M |
| 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 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 | 372.0M | 318.0M | 283.0M | 309.0M | 243.0M | 218.0M | 196.0M | 188.0M | 136.0M | 114.0M | 106.0M | 87.5M | 57.8M |
| Tax Refunds Received | 13.1M | 1.5M | 4.8M | 4.7M | 2.1M | 4.8M | 4.9M | 2.4M | 1.6M | 2.8M | 2.6M | 731,600 | -- |
| Total Operating Cash Inflow | 444.0M | 340.0M | 297.0M | 319.0M | 251.0M | 227.0M | 206.0M | 195.0M | 144.0M | 119.0M | 120.0M | 101.0M | 60.2M |
| Cash Paid For Goods | 222.0M | 136.0M | 153.0M | 167.0M | 116.0M | 107.0M | 122.0M | 99.9M | 80.7M | 66.5M | 66.8M | 67.5M | 27.6M |
| Cash Paid To Employees | 103.0M | 84.7M | 70.3M | 59.4M | 44.3M | 47.1M | 41.5M | 34.7M | 29.7M | 23.9M | 19.7M | 12.1M | 8.6M |
| Taxes Paid | 11.3M | 24.2M | 13.0M | 15.3M | 19.3M | 9.7M | 12.2M | 13.6M | 6.2M | 11.6M | 8.0M | 1.5M | 2.8M |
| Total Operating Cash Outflow | 426.0M | 309.0M | 258.0M | 259.0M | 196.0M | 182.0M | 196.0M | 168.0M | 132.0M | 113.0M | 122.0M | 96.8M | 47.7M |
| Operating Cash Flow | 18.2M | 30.8M | 39.1M | 60.4M | 54.7M | 44.9M | 9.7M | 26.7M | 11.9M | 5.3M | -2.5M | 3.9M | 12.4M |
| Total Investing Cash Inflow | 787.0M | 7.6M | 5.0M | 1.1M | 183.0M | 37.3M | 2.5M | 2.1M | 3.0M | 3.0M | 45,400 | -- | -- |
| Total Investing Cash Outflow | 1.3B | 116.0M | 91.2M | 36.6M | 200.0M | 78.7M | 33.4M | 17.7M | 16.6M | 14.0M | 5.9M | 6.7M | 5.5M |
| Investing Cash Flow | -502.0M | -109.0M | -86.2M | -35.5M | -16.4M | -41.3M | -30.9M | -15.6M | -13.6M | -11.0M | -5.9M | -6.7M | -5.5M |
| Cash From Borrowings | 214,900 | 30.8M | 55.5M | 146,800 | -- | -- | -- | 11.3M | 18.3M | 18.0M | 24.0M | 10.0M | 8.0M |
| Dividends And Interest Paid | 43.0M | 1.9M | 833,500 | 21.7M | 10.0M | 6.7M | 439,300 | 866,300 | 640,300 | 998,200 | 4.7M | 492,600 | 502,800 |
| Debt Repayments | 11.3M | 75.2M | -- | 19,800 | 784,000 | 287,400 | 12.9M | 15.4M | 14.2M | 23.0M | 15.0M | 8.0M | 8.0M |
| Total Financing Cash Inflow | 214,900 | 796.0M | 55.5M | 146,800 | 2.0M | -- | 49.0M | 11.3M | 18.8M | 50.1M | 24.5M | 15.3M | 8.0M |
| Total Financing Cash Outflow | 58.6M | 79.2M | 5.1M | 28.0M | 10.8M | 8.8M | 13.4M | 16.2M | 14.9M | 24.6M | 19.7M | 8.5M | 8.5M |
| Financing Cash Flow | -58.4M | 717.0M | 50.5M | -27.9M | -8.8M | -8.8M | 35.6M | -5.0M | 3.9M | 25.5M | 4.8M | 6.8M | -502,800 |
| Net Change In Cash | -541.0M | 640.0M | 4.0M | -3.6M | 28.4M | -5.2M | 14.8M | 5.7M | 2.4M | 20.5M | -3.5M | 4.0M | 6.5M |
| Ending Cash Balance | 176.0M | 717.0M | 77.6M | 73.6M | 77.2M | 48.8M | 54.0M | 39.2M | 33.5M | 31.1M | 10.6M | 14.1M | 10.1M |
| Capex | 132.0M | 79.4M | 86.8M | 36.6M | 16.0M | 33.3M | 25.4M | 14.2M | 13.6M | 12.0M | 5.6M | 6.7M | 5.5M |