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 | 873.0M | 720.0M | 745.0M | 622.0M | 454.0M |
| Revenue Growth % | 21.2% | -3.4% | 19.8% | 37.0% | -- |
| Total Revenue | 873.0M | 720.0M | 745.0M | 622.0M | 454.0M |
| Cost Of Revenue | 701.0M | 524.0M | 552.0M | 474.0M | 338.0M |
| Gross Profit | 172.0M | 196.0M | 193.0M | 148.0M | 116.0M |
| Gross Margin % | 19.7% | 27.2% | 25.9% | 23.8% | 25.6% |
| Total Operating Cost | 822.0M | 619.0M | 637.0M | 550.0M | 393.0M |
| Selling Expenses | 25.6M | 20.1M | 15.3M | 13.7M | 10.5M |
| Admin Expenses | 50.6M | 45.5M | 40.9M | 33.1M | 20.9M |
| Rd Expenses | 41.0M | 31.7M | 31.8M | 21.4M | 13.7M |
| Finance Expenses | -4.2M | -5.1M | -8.4M | 2.7M | 5.6M |
| Operating Income | 56.3M | 102.0M | 97.6M | 75.5M | 67.7M |
| Operating Margin % | 6.4% | 14.2% | 13.1% | 12.1% | 14.9% |
| Non Operating Income | 277,500 | 103,200 | 641,500 | 546,600 | 416,600 |
| Non Operating Expenses | 723,400 | 130,500 | 459,700 | 183,500 | 161,700 |
| Investment Income | 3.2M | -2.0M | -15.9M | 1.4M | 6.6M |
| Fair Value Change Income | 1.1M | 809,100 | -- | 448,100 | 77,000 |
| Asset Disposal Income | -2.1M | 5,200 | 223,600 | 991,100 | -128,000 |
| Asset Impairment Loss | 1.6M | -173,100 | 492,100 | 1.1M | -107,400 |
| Other Income | 2.9M | 2.2M | 5.7M | 662,100 | 353,300 |
| Income Before Tax | 55.8M | 102.0M | 97.8M | 75.9M | 68.0M |
| Income Tax | 8.6M | 11.1M | 9.2M | 9.0M | 7.4M |
| Net Income | 47.2M | 90.6M | 88.6M | 66.9M | 60.6M |
| Net Margin % | 5.4% | 12.6% | 11.9% | 10.8% | 13.3% |
| Net Income Attributable | 47.2M | 90.6M | 88.6M | 66.9M | 60.6M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.76 | 1.94 | 2.46 | 1.86 | 1.68 |
| Eps Diluted | 0.76 | 1.94 | 2.46 | 1.86 | 1.68 |
| 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 | 280.0M | 622.0M | 74.2M | 42.5M | 45.7M |
| Trading Financial Assets | 140.0M | 50.8M | -- | 448,100 | 10.1M |
| Accounts Receivable | 269.0M | 216.0M | 216.0M | 158.0M | 133.0M |
| Notes Receivable | 13.7M | 8.9M | 3.0M | -- | -- |
| Notes And Accounts Receivable | 282.0M | 225.0M | 219.0M | 158.0M | 133.0M |
| Prepayments | 634,200 | 2.9M | 2.8M | 4.3M | 4.8M |
| Inventory | 79.2M | 52.2M | 43.9M | 66.5M | 36.2M |
| Total Current Assets | 832.0M | 966.0M | 353.0M | 286.0M | 236.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 57.5M | 50.1M | 38.3M | 31.9M |
| Fixed Assets Total | 535.0M | 57.5M | 50.1M | 38.3M | 31.9M |
| Construction In Progress | -- | 235.0M | 71.4M | 657,400 | -- |
| Construction In Progress Total | 9.3M | 235.0M | 71.4M | 657,400 | -- |
| Intangible Assets | 56.5M | 57.7M | 58.0M | 44.9M | 1.7M |
| Long Term Deferred Expenses | 4.2M | 948,800 | 2.2M | 3.2M | 4.2M |
| Total Non Current Assets | 640.0M | 377.0M | 190.0M | 101.0M | 41.1M |
| Total Assets | 1.5B | 1.3B | 543.0M | 387.0M | 277.0M |
| Short Term Borrowings | -- | 15.1M | 30.9M | -- | -- |
| Accounts Payable | 205.0M | 161.0M | 124.0M | 125.0M | 98.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.2M | 3.5M | 3.7M | 2.9M | 2.6M |
| Total Current Liabilities | 421.0M | 320.0M | 240.0M | 177.0M | 131.0M |
| Long Term Borrowings | 113.0M | 102.0M | -- | -- | -- |
| Total Non Current Liabilities | 116.0M | 106.0M | 2.1M | 2.9M | 721,700 |
| Total Liabilities | 537.0M | 426.0M | 243.0M | 180.0M | 131.0M |
| Paid In Capital | 62.4M | 48.0M | 36.0M | 36.0M | 36.0M |
| Capital Reserve | 533.0M | 548.0M | 32.8M | 27.2M | 21.7M |
| Surplus Reserve | 29.7M | 24.0M | 18.0M | 18.0M | 11.5M |
| Retained Earnings | 310.0M | 298.0M | 214.0M | 125.0M | 76.7M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 935.0M | 918.0M | 301.0M | 206.0M | 146.0M |
| Total Equity | 935.0M | 918.0M | 301.0M | 206.0M | 146.0M |
| 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 | 803.0M | 722.0M | 699.0M | 605.0M | 425.0M |
| Tax Refunds Received | 38.6M | 30.9M | 26.0M | 11.7M | 13.1M |
| Total Operating Cash Inflow | 849.0M | 757.0M | 735.0M | 620.0M | 441.0M |
| Cash Paid For Goods | 529.0M | 407.0M | 423.0M | 408.0M | 286.0M |
| Cash Paid To Employees | 201.0M | 147.0M | 142.0M | 110.0M | 73.4M |
| Taxes Paid | 14.3M | 13.7M | 12.3M | 14.7M | 9.6M |
| Total Operating Cash Outflow | 778.0M | 599.0M | 600.0M | 554.0M | 386.0M |
| Operating Cash Flow | 70.9M | 158.0M | 134.0M | 66.7M | 55.4M |
| Total Investing Cash Inflow | 582.0M | 24.9M | 22.8M | 46.4M | 40.8M |
| Total Investing Cash Outflow | 943.0M | 252.0M | 130.0M | 101.0M | 64.7M |
| Investing Cash Flow | -360.0M | -227.0M | -107.0M | -54.7M | -23.8M |
| Cash From Borrowings | 31.2M | 158.0M | 30.9M | -- | -- |
| Dividends And Interest Paid | 33.2M | 572,800 | 499,300 | 12.0M | 12.1M |
| Debt Repayments | 35.3M | 71.7M | 0.00 | -- | 3.0M |
| Total Financing Cash Inflow | 44.8M | 719.0M | 41.5M | 12.0M | -- |
| Total Financing Cash Outflow | 112.0M | 107.0M | 28.0M | 24.0M | 25.1M |
| Financing Cash Flow | -67.3M | 612.0M | 13.5M | -12.0M | -25.1M |
| Net Change In Cash | -356.0M | 544.0M | 30.0M | -1.1M | 5.0M |
| Ending Cash Balance | 253.0M | 609.0M | 64.6M | 34.6M | 35.7M |
| Capex | 257.0M | 177.0M | 111.0M | 62.6M | 13.7M |