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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 754.0M | 842.0M | 769.0M | 681.0M | 562.0M | 457.0M | 394.0M | 362.0M | 339.0M | 376.0M | 317.0M | 265.0M |
| Revenue Growth % | -10.5% | 9.5% | 12.9% | 21.2% | 23.0% | 16.0% | 8.8% | 6.8% | -9.8% | 18.6% | 19.6% | -- |
| Total Revenue | 754.0M | 842.0M | 769.0M | 681.0M | 562.0M | 457.0M | 394.0M | 362.0M | 339.0M | 376.0M | 317.0M | 265.0M |
| Cost Of Revenue | 604.0M | 625.0M | 544.0M | 495.0M | 389.0M | 328.0M | 280.0M | 234.0M | 228.0M | 266.0M | 221.0M | 191.0M |
| Gross Profit | 150.0M | 217.0M | 225.0M | 186.0M | 173.0M | 129.0M | 114.0M | 128.0M | 111.0M | 110.0M | 96.0M | 74.0M |
| Gross Margin % | 19.9% | 25.8% | 29.3% | 27.3% | 30.8% | 28.2% | 28.9% | 35.4% | 32.7% | 29.3% | 30.3% | 27.9% |
| Total Operating Cost | 750.0M | 776.0M | 689.0M | 607.0M | 494.0M | 419.0M | 370.0M | 313.0M | 300.0M | 334.0M | 280.0M | 238.0M |
| Selling Expenses | 40.0M | 41.1M | 46.1M | 39.9M | 38.2M | 33.8M | 30.8M | 23.6M | 21.6M | 24.9M | 23.4M | 21.3M |
| Admin Expenses | 31.8M | 37.3M | 31.5M | 30.8M | 30.6M | 28.2M | 26.4M | 31.3M | 27.9M | 25.6M | 21.3M | 17.2M |
| Rd Expenses | 24.2M | 29.9M | 26.5M | 22.4M | 17.2M | 14.0M | 12.4M | -- | -- | -- | -- | -- |
| Finance Expenses | -4.3M | -412,900 | 4.2M | 3.6M | 3.8M | 2.0M | 1.4M | 2.8M | 3.5M | 17,700 | 2.0M | -280,000 |
| Operating Income | 13.3M | 97.3M | 83.6M | 77.4M | 73.8M | 39.7M | 27.2M | 48.5M | 38.4M | 42.6M | 37.0M | 40.4M |
| Operating Margin % | 1.8% | 11.6% | 10.9% | 11.4% | 13.1% | 8.7% | 6.9% | 13.4% | 11.3% | 11.3% | 11.7% | 15.3% |
| Non Operating Income | 2.1M | 1.1M | 982,500 | 4.8M | 3.6M | 389,200 | 327,500 | 4.5M | 1.7M | 2.0M | 2.1M | 895,300 |
| Non Operating Expenses | 298,300 | 3.5M | 1.3M | 638,400 | 1.4M | 189,100 | 701,800 | 44,700 | 4.9M | 86,400 | 144,000 | 128,000 |
| Investment Income | -- | 1.2M | -- | 42,800 | 375,000 | -25,400 | 939,300 | -- | -- | 198,400 | -- | 13.7M |
| Fair Value Change Income | 957,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 75,400 | 17.8M | -24,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 643,600 | 712,800 | 2.7M | 1.8M | 401,600 | -80,000 | 16.6M | 16.3M | 13.5M | 10.6M | 6.1M | 2.6M |
| Other Income | 7.8M | 11.7M | 4.2M | 3.3M | 5.0M | 1.7M | 2.6M | -- | -- | -- | -- | -- |
| Income Before Tax | 15.1M | 94.9M | 83.3M | 81.6M | 75.9M | 39.9M | 26.9M | 53.0M | 35.2M | 44.4M | 39.0M | 41.2M |
| Income Tax | 678,900 | 11.8M | 9.4M | 9.9M | 10.6M | 5.3M | 3.0M | 8.6M | 6.3M | 7.3M | 7.1M | 11.0M |
| Net Income | 14.4M | 83.1M | 73.9M | 71.7M | 65.3M | 34.6M | 23.9M | 44.4M | 28.9M | 37.2M | 31.9M | 30.2M |
| Net Margin % | 1.9% | 9.9% | 9.6% | 10.5% | 11.6% | 7.6% | 6.1% | 12.3% | 8.5% | 9.9% | 10.1% | 11.4% |
| Net Income Attributable | 14.4M | 83.1M | 73.9M | 71.7M | 65.3M | 34.6M | 23.9M | 44.4M | 28.9M | 37.2M | 31.9M | 30.4M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -163,100 |
| Eps Basic | 0.15 | 0.97 | 0.99 | 0.96 | 0.87 | 0.46 | 0.32 | 0.59 | 0.39 | 0.50 | 0.43 | 0.41 |
| Eps Diluted | 0.15 | 0.97 | 0.99 | 0.96 | 0.87 | 0.46 | 0.32 | 0.59 | 0.39 | 0.50 | 0.43 | 0.41 |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 672.0M | 755.0M | 146.0M | 91.9M | 115.0M | 53.2M | 86.9M | 64.1M | 78.2M | 86.3M | 82.1M | 81.6M |
| Trading Financial Assets | 51.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 705.0M | 711.0M | 576.0M | 429.0M | 341.0M | 312.0M | 257.0M | 263.0M | 233.0M | 192.0M | 141.0M | 102.0M |
| Notes Receivable | 3.5M | 1.7M | 407,100 | 2.1M | 2.5M | 5.8M | 300,000 | -- | -- | 646,000 | -- | 350,000 |
| Notes And Accounts Receivable | 709.0M | 712.0M | 577.0M | 431.0M | 344.0M | 317.0M | 257.0M | 263.0M | 233.0M | 192.0M | 141.0M | 103.0M |
| Prepayments | 8.6M | 9.3M | 16.2M | 19.2M | 23.7M | 14.5M | 9.0M | 5.8M | 7.2M | 5.7M | 13.3M | 11.8M |
| Inventory | 204.0M | 296.0M | 212.0M | 242.0M | 232.0M | 205.0M | 189.0M | 89.2M | 91.9M | 132.0M | 178.0M | 198.0M |
| Total Current Assets | 1.7B | 1.8B | 994.0M | 838.0M | 781.0M | 626.0M | 584.0M | 455.0M | 445.0M | 447.0M | 450.0M | 430.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | 7.0M | 7.1M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 38.8M | 42.6M | 44.5M | 44.8M | 47.4M | 44.2M | 42.5M | 43.1M | 45.2M | 44.0M | 32.6M |
| Fixed Assets Total | 66.7M | 38.8M | 42.6M | 44.5M | 44.8M | 47.4M | 44.2M | 42.5M | 43.1M | 45.2M | 44.0M | 32.6M |
| Construction In Progress | -- | 30.0M | 4.6M | 1.1M | 307,100 | 626,700 | 3.8M | 5.9M | 1.2M | -- | -- | 4.9M |
| Construction In Progress Total | 34.2M | 30.0M | 4.6M | 1.1M | 307,100 | 626,700 | 3.8M | 5.9M | 1.2M | -- | -- | 4.9M |
| Intangible Assets | 23.2M | 24.3M | 47.2M | 48.4M | 36.5M | 32.8M | 33.9M | 35.4M | 36.1M | 35.5M | 32.0M | 8.9M |
| Long Term Deferred Expenses | 1.4M | 381,300 | 497,500 | 696,500 | 357,000 | 368,200 | 379,400 | 1.2M | 999,100 | 1.3M | 1.7M | 446,300 |
| Total Non Current Assets | 224.0M | 181.0M | 169.0M | 165.0M | 136.0M | 131.0M | 130.0M | 102.0M | 89.7M | 94.2M | 103.0M | 49.6M |
| Total Assets | 1.9B | 2.0B | 1.2B | 1.0B | 917.0M | 757.0M | 713.0M | 557.0M | 535.0M | 541.0M | 553.0M | 480.0M |
| Short Term Borrowings | 146.0M | 109.0M | 73.1M | 73.9M | 46.1M | 65.1M | 61.0M | 57.8M | 56.0M | 56.0M | 32.0M | -- |
| Accounts Payable | 131.0M | 154.0M | 132.0M | 105.0M | 83.6M | 59.8M | 75.1M | 36.9M | 33.4M | 34.7M | 29.0M | 21.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 138.0M | 121.0M | 47.7M | 85.2M | 117.0M | 178.0M | 186.0M |
| Contract Liabilities | 140.0M | 131.0M | 160.0M | 164.0M | 188.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 616.0M | 628.0M | 569.0M | 487.0M | 464.0M | 367.0M | 349.0M | 201.0M | 216.0M | 240.0M | 276.0M | 264.0M |
| Long Term Borrowings | 8.4M | -- | 4.8M | -- | -- | -- | -- | -- | -- | 15.0M | 25.0M | -- |
| Total Non Current Liabilities | 45.9M | 39.6M | 40.3M | 32.0M | 26.7M | 21.9M | 21.9M | 13.3M | 17.0M | 27.6M | 32.7M | 4.2M |
| Total Liabilities | 662.0M | 668.0M | 609.0M | 519.0M | 491.0M | 389.0M | 371.0M | 214.0M | 233.0M | 268.0M | 309.0M | 268.0M |
| Paid In Capital | 100.0M | 100.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 794.0M | 794.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M | 129.0M |
| Surplus Reserve | 46.6M | 45.6M | 37.5M | 32.0M | 24.9M | 18.3M | 14.9M | 14.7M | 10.4M | 7.5M | 3.8M | 451,600 |
| Retained Earnings | 367.0M | 391.0M | 316.0M | 248.0M | 197.0M | 146.0M | 124.0M | 125.0M | 88.3M | 62.3M | 36.3M | 7.8M |
| Equity Attributable | 1.3B | 1.3B | 554.0M | 484.0M | 426.0M | 368.0M | 342.0M | 343.0M | 302.0M | 273.0M | 244.0M | 212.0M |
| Total Equity | 1.3B | 1.3B | 554.0M | 484.0M | 426.0M | 368.0M | 342.0M | 343.0M | 302.0M | 273.0M | 244.0M | 212.0M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 718.0M | 699.0M | 644.0M | 628.0M | 590.0M | 463.0M | 382.0M | 333.0M | 263.0M | 292.0M | 262.0M | 237.0M |
| Tax Refunds Received | -- | -- | 384,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 740.0M | 724.0M | 694.0M | 722.0M | 643.0M | 534.0M | 454.0M | 375.0M | 336.0M | 325.0M | 310.0M | 339.0M |
| Cash Paid For Goods | 491.0M | 576.0M | 399.0M | 441.0M | 317.0M | 316.0M | 249.0M | 188.0M | 152.0M | 183.0M | 179.0M | 185.0M |
| Cash Paid To Employees | 143.0M | 135.0M | 103.0M | 116.0M | 86.6M | 83.5M | 67.6M | 59.2M | 54.8M | 50.3M | 39.4M | 30.6M |
| Taxes Paid | 54.1M | 49.0M | 38.0M | 28.3M | 23.1M | 15.7M | 30.4M | 34.1M | 20.7M | 13.2M | 28.0M | 27.1M |
| Total Operating Cash Outflow | 751.0M | 838.0M | 644.0M | 695.0M | 589.0M | 543.0M | 464.0M | 371.0M | 323.0M | 319.0M | 326.0M | 337.0M |
| Operating Cash Flow | -10.9M | -114.0M | 49.9M | 26.7M | 54.3M | -8.9M | -9.7M | 4.4M | 13.7M | 6.1M | -16.3M | 1.2M |
| Total Investing Cash Inflow | 385.0M | 41.3M | 203,200 | 615,500 | 7.3M | 324,600 | 5,200 | 200.00 | 2.4M | 2.2M | -- | 41.4M |
| Total Investing Cash Outflow | 453.0M | 120.0M | 7.1M | 17.9M | 7.6M | 15.8M | 1.8M | 10.8M | 5.2M | 12.3M | 38.4M | 15.7M |
| Investing Cash Flow | -68.3M | -78.5M | -6.9M | -17.3M | -331,000 | -15.5M | -1.8M | -10.8M | -2.8M | -10.1M | -38.4M | 25.7M |
| Cash From Borrowings | 225.0M | 170.0M | 146.0M | 138.0M | 108.0M | 85.2M | 61.0M | 57.1M | 56.0M | 56.0M | 67.0M | -- |
| Dividends And Interest Paid | 40.6M | 3.5M | 6.6M | 14.9M | 12.6M | 8.0M | 2.2M | 5.4M | 4.4M | 12.0M | 15.2M | 34.9M |
| Debt Repayments | 184.0M | 140.0M | 141.0M | 120.0M | 117.0M | 81.2M | 40.4M | 61.0M | 66.0M | 42.0M | 10.0M | 10.0M |
| Total Financing Cash Inflow | 278.0M | 888.0M | 146.0M | 138.0M | 108.0M | 85.2M | 61.0M | 77.0M | 56.0M | 61.2M | 70.6M | 4.3M |
| Total Financing Cash Outflow | 263.0M | 174.0M | 154.0M | 142.0M | 130.0M | 89.2M | 42.6M | 72.9M | 78.6M | 54.2M | 25.3M | 46.3M |
| Financing Cash Flow | 14.8M | 714.0M | -8.1M | -3.7M | -21.7M | -4.0M | 18.4M | 4.1M | -22.6M | 7.0M | 45.3M | -42.0M |
| Net Change In Cash | -64.4M | 521.0M | 35.1M | 5.8M | 32.1M | -28.3M | 7.0M | -2.3M | -11.7M | 3.0M | -9.5M | -15.2M |
| Ending Cash Balance | 576.0M | 640.0M | 119.0M | 84.3M | 78.6M | 46.5M | 74.8M | 59.4M | 61.8M | 73.5M | 70.4M | 80.0M |
| Capex | 37.0M | 28.7M | 7.1M | 17.9M | 7.6M | 5.8M | 1.8M | 4.8M | 4.3M | 4.4M | 37.8M | 15.7M |