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 |
|---|---|---|---|---|---|---|
| Revenue | 2.5B | 2.4B | 2.3B | 2.0B | 1.6B | 1.3B |
| Revenue Growth % | 5.1% | 2.4% | 15.2% | 24.5% | 26.7% | -- |
| Total Revenue | 2.5B | 2.4B | 2.3B | 2.0B | 1.6B | 1.3B |
| Cost Of Revenue | 2.2B | 1.9B | 1.8B | 1.5B | 1.2B | 1.2B |
| Gross Profit | 290.0M | 413.0M | 491.0M | 508.0M | 394.0M | 63.0M |
| Gross Margin % | 11.7% | 17.6% | 21.4% | 25.5% | 24.6% | 5.0% |
| Total Operating Cost | 2.4B | 2.1B | 2.0B | 1.7B | 1.4B | 1.3B |
| Selling Expenses | 25.8M | 24.7M | 20.5M | 18.7M | 16.5M | 20.6M |
| Admin Expenses | 64.3M | 61.0M | 59.7M | 52.7M | 50.4M | 78.7M |
| Rd Expenses | 83.3M | 77.0M | 70.4M | 65.0M | 52.2M | 4.6M |
| Finance Expenses | -6.4M | 3.4M | 1.9M | 28.9M | 35.9M | 1.4M |
| Operating Income | 120.0M | 234.0M | 330.0M | 341.0M | 242.0M | -56.5M |
| Operating Margin % | 4.9% | 9.9% | 14.4% | 17.1% | 15.1% | -4.5% |
| Non Operating Income | 330,300 | 706,200 | 210,800 | 908,100 | 899,900 | 56,700 |
| Non Operating Expenses | 513,100 | 2.4M | 347,900 | 233,300 | 293,500 | 2.9M |
| Investment Income | 590,400 | -3.8M | -5.7M | 1.2M | -1.3M | -5.9M |
| Fair Value Change Income | 3.1M | 177,000 | -79,500 | 379,600 | -- | -- |
| Asset Impairment Loss | 15.1M | 12.0M | 12.1M | 11.1M | 7.3M | -- |
| Other Income | 20.4M | 17.1M | 26.9M | 20.4M | 16.5M | 6.4M |
| Income Before Tax | 120.0M | 232.0M | 330.0M | 342.0M | 242.0M | -59.4M |
| Income Tax | 7.0M | 25.7M | 44.2M | 43.6M | 32.5M | 1.1M |
| Net Income | 113.0M | 206.0M | 285.0M | 298.0M | 210.0M | -60.5M |
| Net Margin % | 4.6% | 8.8% | 12.4% | 14.9% | 13.1% | -4.8% |
| Net Income Attributable | 113.0M | 206.0M | 285.0M | 298.0M | 209.0M | -56.5M |
| Minority Interest | -- | -- | -- | -- | 491,000 | -4.1M |
| Eps Basic | 0.31 | 0.61 | 0.84 | 0.88 | 0.62 | -0.22 |
| Eps Diluted | 0.31 | 0.61 | 0.84 | 0.88 | 0.62 | -0.22 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 457.0M | 452.0M | 467.0M | 312.0M | 304.0M | 208.0M |
| Trading Financial Assets | 578.0M | 187,100 | 10,100 | 89,600 | -- | -- |
| Accounts Receivable | 234.0M | 200.0M | 141.0M | 86.9M | 62.4M | 194.0M |
| Notes Receivable | 69.1M | 114.0M | 38.5M | 149.0M | 139.0M | 154.0M |
| Notes And Accounts Receivable | 303.0M | 314.0M | 180.0M | 236.0M | 201.0M | 348.0M |
| Prepayments | 41.9M | 42.8M | 41.9M | 22.5M | 15.6M | 13.5M |
| Inventory | 325.0M | 255.0M | 231.0M | 260.0M | 174.0M | 147.0M |
| Total Current Assets | 1.8B | 1.1B | 955.0M | 858.0M | 717.0M | 751.0M |
| Fixed Assets | -- | 1.3B | 1.2B | 1.1B | 1.2B | 1.2B |
| Fixed Assets Total | 1.2B | 1.3B | 1.2B | 1.1B | 1.2B | 1.2B |
| Construction In Progress | -- | 4.9M | 234.0M | 164.0M | 14.1M | 68.4M |
| Construction In Progress Total | 129.0M | 4.9M | 234.0M | 164.0M | 14.1M | 68.4M |
| Intangible Assets | 235.0M | 214.0M | 147.0M | 110.0M | 93.0M | 87.4M |
| Long Term Deferred Expenses | 3.3M | 3.6M | 3.6M | 571,400 | 1.4M | 1.1M |
| Total Non Current Assets | 1.8B | 1.7B | 1.6B | 1.5B | 1.4B | 1.4B |
| Total Assets | 3.6B | 2.9B | 2.6B | 2.3B | 2.1B | 2.2B |
| Short Term Borrowings | -- | 139.0M | 118.0M | 240.0M | 648.0M | 469.0M |
| Accounts Payable | 101.0M | 61.6M | 125.0M | 90.7M | 59.4M | 67.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 42.2M |
| Contract Liabilities | 4.5M | 10.6M | 5.3M | 14.6M | 20.6M | -- |
| Total Current Liabilities | 1.0B | 986.0M | 952.0M | 1.1B | 1.2B | 1.4B |
| Long Term Borrowings | 145.0M | 214.0M | 210.0M | 120.0M | 90.0M | 123.0M |
| Total Non Current Liabilities | 191.0M | 270.0M | 250.0M | 152.0M | 115.0M | 146.0M |
| Total Liabilities | 1.2B | 1.3B | 1.2B | 1.2B | 1.3B | 1.6B |
| Paid In Capital | 400.0M | 340.0M | 340.0M | 340.0M | 139.0M | 132.0M |
| Capital Reserve | 903.0M | 328.0M | 328.0M | 328.0M | 522.0M | 431.0M |
| Surplus Reserve | 14.4M | 13.6M | 2.3M | 1.2M | -- | -- |
| Retained Earnings | 1.0B | 918.0M | 723.0M | 439.0M | 149.0M | -60.6M |
| Minority Equity | -- | -- | -- | -- | -- | 81.4M |
| Equity Attributable | 2.3B | 1.6B | 1.4B | 1.1B | 810.0M | 502.0M |
| Total Equity | 2.3B | 1.6B | 1.4B | 1.1B | 810.0M | 583.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 2.5B | 2.4B | 2.4B | 1.7B | 1.6B | 659.0M |
| Tax Refunds Received | 107.0M | 27.5M | 46.4M | 25.8M | 8.3M | 892,800 |
| Total Operating Cash Inflow | 2.7B | 2.5B | 2.5B | 1.8B | 1.6B | 684.0M |
| Cash Paid For Goods | 2.0B | 1.8B | 1.8B | 974.0M | 1.1B | 279.0M |
| Cash Paid To Employees | 144.0M | 138.0M | 127.0M | 111.0M | 98.9M | 21.6M |
| Taxes Paid | 35.9M | 62.3M | 86.6M | 67.8M | 51.6M | 5.3M |
| Total Operating Cash Outflow | 2.3B | 2.1B | 2.1B | 1.2B | 1.3B | 324.0M |
| Operating Cash Flow | 341.0M | 372.0M | 426.0M | 555.0M | 294.0M | 360.0M |
| Total Investing Cash Inflow | 406.0M | -- | -- | 707.0M | -- | 343.0M |
| Total Investing Cash Outflow | 1.2B | 238.0M | 252.0M | 915.0M | 376.0M | 640.0M |
| Investing Cash Flow | -759.0M | -238.0M | -252.0M | -208.0M | -376.0M | -297.0M |
| Cash From Borrowings | 165.0M | 297.0M | 291.0M | 339.0M | 727.0M | 107.0M |
| Dividends And Interest Paid | 5.1M | 8.1M | 11.4M | 24.1M | 31.0M | 360.0M |
| Debt Repayments | 378.0M | 293.0M | 322.0M | 650.0M | 531.0M | -- |
| Total Financing Cash Inflow | 1.2B | 446.0M | 590.0M | 548.0M | 1.0B | 547.0M |
| Total Financing Cash Outflow | 730.0M | 650.0M | 667.0M | 930.0M | 820.0M | 525.0M |
| Financing Cash Flow | 453.0M | -204.0M | -77.1M | -382.0M | 227.0M | 22.4M |
| Net Change In Cash | 42.9M | -69.9M | 101.0M | -37.1M | 144.0M | 85.0M |
| Ending Cash Balance | 282.0M | 239.0M | 309.0M | 208.0M | 245.0M | 101.0M |
| Capex | 186.0M | 238.0M | 252.0M | 213.0M | 54.5M | 15.6M |