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 | 974.0M | 502.0M | 576.0M | 615.0M | 499.0M |
| Revenue Growth % | 94.0% | -12.8% | -6.3% | 23.2% | -- |
| Total Revenue | 974.0M | 502.0M | 576.0M | 615.0M | 499.0M |
| Cost Of Revenue | 638.0M | 328.0M | 368.0M | 431.0M | 351.0M |
| Gross Profit | 336.0M | 174.0M | 208.0M | 184.0M | 148.0M |
| Gross Margin % | 34.5% | 34.7% | 36.1% | 29.9% | 29.7% |
| Total Operating Cost | 872.0M | 435.0M | 446.0M | 534.0M | 436.0M |
| Selling Expenses | 50.8M | 12.2M | 9.8M | 9.7M | 8.0M |
| Admin Expenses | 111.0M | 59.2M | 44.6M | 36.4M | 33.3M |
| Rd Expenses | 61.7M | 35.0M | 30.3M | 27.8M | 22.5M |
| Finance Expenses | -17.7M | -3.4M | -12.4M | 11.5M | 15.5M |
| Operating Income | 133.0M | 81.4M | 131.0M | 103.0M | 73.8M |
| Operating Margin % | 13.7% | 16.2% | 22.7% | 16.7% | 14.8% |
| Non Operating Income | 347,900 | 4.0M | -- | 122,800 | 587,400 |
| Non Operating Expenses | 6.9M | 315,800 | 177,100 | 467,000 | 722,500 |
| Investment Income | 22.3M | 10.8M | -3.9M | 8.6M | 5.0M |
| Fair Value Change Income | 1.2M | 1.2M | -- | 8.0M | -- |
| Asset Disposal Income | 326,900 | -13,800 | 3.5M | 576,800 | -24,700 |
| Asset Impairment Loss | 9.1M | 3.6M | 3.6M | 2.4M | 762,300 |
| Other Income | 7.0M | 2.0M | 2.0M | 5.4M | 6.1M |
| Income Before Tax | 126.0M | 85.0M | 131.0M | 103.0M | 73.7M |
| Income Tax | 11.0M | 9.5M | 14.2M | 11.2M | 8.2M |
| Net Income | 115.0M | 75.5M | 117.0M | 91.8M | 65.5M |
| Net Margin % | 11.8% | 15.0% | 20.3% | 14.9% | 13.1% |
| Net Income Attributable | 67.3M | 73.0M | 117.0M | 91.8M | 65.5M |
| Minority Interest | 48.1M | 2.5M | -303,600 | -- | -- |
| Eps Basic | 0.53 | 0.65 | 1.21 | 0.95 | 0.77 |
| Eps Diluted | 0.53 | 0.65 | 1.21 | 0.95 | 0.77 |
| 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 | 363.0M | 722.0M | 193.0M | 224.0M | 269.0M |
| Trading Financial Assets | 209.0M | 580.0M | -- | 7.0M | -- |
| Accounts Receivable | 360.0M | 225.0M | 252.0M | 273.0M | 164.0M |
| Notes Receivable | 6.4M | 4.8M | -- | 1.3M | 90,600 |
| Notes And Accounts Receivable | 367.0M | 229.0M | 252.0M | 275.0M | 164.0M |
| Prepayments | 15.7M | 7.5M | 3.5M | 1.6M | 1.8M |
| Inventory | 218.0M | 108.0M | 86.7M | 80.8M | 43.5M |
| Total Current Assets | 2.1B | 2.0B | 553.0M | 607.0M | 501.0M |
| Long Term Equity Investment | 2.9M | -- | 57.5M | 54.1M | 49.7M |
| Fixed Assets | -- | 474.0M | 431.0M | 84.2M | 79.9M |
| Fixed Assets Total | 590.0M | 474.0M | 431.0M | 84.2M | 79.9M |
| Construction In Progress | -- | 74.4M | 59.6M | 13.7M | 5.4M |
| Construction In Progress Total | 8.6M | 74.4M | 59.6M | 13.7M | 5.4M |
| Intangible Assets | 43.7M | 35.6M | 29.5M | 30.3M | 31.1M |
| Long Term Deferred Expenses | 13.1M | 3.7M | 285,400 | 3.4M | 4.8M |
| Total Non Current Assets | 1.0B | 659.0M | 625.0M | 261.0M | 174.0M |
| Total Assets | 3.1B | 2.7B | 1.2B | 868.0M | 675.0M |
| Short Term Borrowings | -- | -- | 30.0M | 30.0M | -- |
| Accounts Payable | 225.0M | 69.2M | 94.8M | 144.0M | 123.0M |
| Advance Receipts | -- | 59,100 | -- | -- | -- |
| Contract Liabilities | 20.4M | 3.2M | 752,000 | 126,500 | 278,200 |
| Total Current Liabilities | 367.0M | 101.0M | 164.0M | 197.0M | 134.0M |
| Long Term Borrowings | -- | -- | 228.0M | -- | -- |
| Total Non Current Liabilities | 92.6M | 30.0M | 259.0M | 37.0M | 992,600 |
| Total Liabilities | 459.0M | 131.0M | 423.0M | 234.0M | 135.0M |
| Paid In Capital | 129.0M | 129.0M | 96.5M | 96.5M | 96.5M |
| Capital Reserve | 2.0B | 2.0B | 304.0M | 303.0M | 302.0M |
| Surplus Reserve | 32.4M | 32.4M | 27.5M | 18.1M | 9.5M |
| Retained Earnings | 408.0M | 392.0M | 324.0M | 216.0M | 132.0M |
| Minority Equity | 151.0M | 51.2M | 3.1M | -- | -- |
| Equity Attributable | 2.5B | 2.5B | 752.0M | 634.0M | 540.0M |
| Total Equity | 2.6B | 2.6B | 755.0M | 634.0M | 540.0M |
| 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 | 789.0M | 569.0M | 618.0M | 495.0M | 476.0M |
| Tax Refunds Received | 29.0M | 32.3M | 42.3M | 37.7M | 20.5M |
| Total Operating Cash Inflow | 838.0M | 621.0M | 667.0M | 540.0M | 505.0M |
| Cash Paid For Goods | 442.0M | 332.0M | 382.0M | 413.0M | 330.0M |
| Cash Paid To Employees | 179.0M | 105.0M | 103.0M | 104.0M | 72.5M |
| Taxes Paid | 40.4M | 15.1M | 18.0M | 13.1M | 15.9M |
| Total Operating Cash Outflow | 728.0M | 486.0M | 524.0M | 548.0M | 443.0M |
| Operating Cash Flow | 110.0M | 135.0M | 143.0M | -8.7M | 62.3M |
| Total Investing Cash Inflow | 2.1B | 547.0M | 1.7M | 102.0M | 1.0M |
| Total Investing Cash Outflow | 2.5B | 1.6B | 401.0M | 152.0M | 98.0M |
| Investing Cash Flow | -392.0M | -1.0B | -400.0M | -50.0M | -96.9M |
| Cash From Borrowings | -- | 11.6M | 298.0M | 30.0M | 9.9M |
| Dividends And Interest Paid | 51.3M | 7.1M | 6.2M | 1.3M | 1.1M |
| Debt Repayments | 0.00 | 280.0M | 60.0M | -- | 39.9M |
| Total Financing Cash Inflow | 2.7M | 1.7B | 301.0M | 30.0M | 271.0M |
| Total Financing Cash Outflow | 116.0M | 292.0M | 77.2M | 13.6M | 41.1M |
| Financing Cash Flow | -114.0M | 1.4B | 224.0M | 16.4M | 230.0M |
| Net Change In Cash | -390.0M | 530.0M | -32.7M | -45.0M | 187.0M |
| Ending Cash Balance | 332.0M | 722.0M | 191.0M | 224.0M | 269.0M |
| Capex | 122.0M | 93.5M | 401.0M | 66.5M | 53.2M |