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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 478.0M | 384.0M | 313.0M | 272.0M | 157.0M | 128.0M | 79.5M | 71.2M | 62.0M | 50.9M |
| Revenue Growth % | 24.5% | 22.7% | 15.1% | 73.2% | 22.7% | 61.0% | 11.7% | 14.8% | 22.0% | -- |
| Total Revenue | 478.0M | 384.0M | 313.0M | 272.0M | 157.0M | 128.0M | 79.5M | 71.2M | 62.0M | 50.9M |
| Cost Of Revenue | 300.0M | 226.0M | 190.0M | 166.0M | 98.1M | 92.3M | 42.7M | 37.8M | 32.8M | 26.3M |
| Gross Profit | 178.0M | 158.0M | 123.0M | 106.0M | 58.9M | 35.7M | 36.8M | 33.4M | 29.3M | 24.6M |
| Gross Margin % | 37.2% | 41.1% | 39.3% | 39.0% | 37.5% | 27.9% | 46.3% | 46.9% | 47.2% | 48.3% |
| Total Operating Cost | 369.0M | 285.0M | 232.0M | 208.0M | 128.0M | 119.0M | 61.7M | 49.6M | 44.3M | 37.9M |
| Selling Expenses | 17.3M | 13.9M | 9.4M | 7.5M | 5.5M | 7.8M | 3.2M | 3.4M | 3.4M | 2.3M |
| Admin Expenses | 24.4M | 21.1M | 18.3M | 13.9M | 10.0M | 9.9M | 15.3M | 11.2M | 8.2M | 7.8M |
| Rd Expenses | 22.1M | 20.1M | 18.0M | 13.4M | 8.7M | 7.1M | -- | -- | -- | -- |
| Finance Expenses | -4.1M | -2.2M | -2.9M | 1.9M | 2.5M | 430,800 | -904,700 | -1.2M | -1.3M | -250,000 |
| Operating Income | 116.0M | 106.0M | 81.9M | 67.9M | 35.0M | 10.7M | 17.9M | 21.5M | 17.8M | 13.5M |
| Operating Margin % | 24.3% | 27.6% | 26.2% | 24.9% | 22.3% | 8.4% | 22.6% | 30.3% | 28.8% | 26.6% |
| Non Operating Income | 114,600 | 421,600 | 38,200 | 565,600 | 634,600 | 51,600 | 2.7M | 464,100 | 440,000 | 81,700 |
| Non Operating Expenses | 115,300 | 362,700 | 64,500 | 192,700 | 525,500 | 45,800 | 320,700 | 289,200 | 97,500 | 142,100 |
| Investment Income | 238,900 | 733,700 | -5.3M | 642,600 | 124,600 | -- | 132,900 | -4,588 | 64,200 | 552,800 |
| Fair Value Change Income | 867,200 | 458,500 | 147,100 | 43,000 | 89,200 | 18,300 | -- | -- | -- | -- |
| Asset Disposal Income | 18,000 | -8,300 | -31,500 | -- | 499,900 | -49,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 967,300 | 329,600 | 37,600 | 206,800 | 190,400 | -49,600 | 882,000 | -2.1M | 794,100 | 1.4M |
| Other Income | 5.7M | 6.0M | 6.0M | 2.4M | 4.7M | 2.0M | -- | -- | -- | -- |
| Income Before Tax | 116.0M | 106.0M | 81.9M | 68.2M | 35.2M | 10.7M | 20.3M | 21.7M | 18.2M | 13.5M |
| Income Tax | 16.0M | 13.2M | 9.8M | 7.8M | 3.7M | -115,300 | 5.2M | 3.5M | 2.9M | 3.9M |
| Net Income | 101.0M | 92.7M | 72.1M | 60.5M | 31.4M | 10.8M | 15.1M | 18.2M | 15.3M | 9.5M |
| Net Margin % | 21.1% | 24.1% | 23.0% | 22.2% | 20.0% | 8.5% | 19.1% | 25.6% | 24.6% | 18.7% |
| Net Income Attributable | 101.0M | 92.7M | 72.1M | 60.2M | 31.4M | 10.8M | 15.1M | 17.9M | 15.0M | 9.5M |
| Minority Interest | -- | -- | -- | 253,600 | -- | -- | -- | 366,600 | 251,500 | -13,200 |
| Eps Basic | 1.68 | 1.54 | 1.20 | 1.00 | 0.52 | 0.18 | 0.50 | 0.60 | 0.68 | 0.43 |
| Eps Diluted | 1.68 | 1.54 | 1.20 | 1.00 | 0.52 | 0.18 | 0.50 | 0.60 | -- | 0.43 |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 495.0M | 52.8M | 50.0M | 51.4M | 22.0M | 9.0M | 23.8M | 29.7M | 3.4M | 1.6M |
| Trading Financial Assets | 40.5M | 76.0M | 30.2M | 5.1M | 32.5M | 16.3M | -- | -- | -- | -- |
| Accounts Receivable | 142.0M | 101.0M | 78.8M | 73.2M | 47.1M | 38.1M | 10.5M | 6.9M | 10.7M | 10.5M |
| Notes Receivable | 38.1M | 31.1M | 31.6M | 25.6M | 14.7M | 11.4M | 4.0M | 8.1M | 2.5M | 640,000 |
| Notes And Accounts Receivable | 181.0M | 132.0M | 110.0M | 98.7M | 61.8M | 49.5M | 14.6M | 15.0M | 13.2M | 11.1M |
| Prepayments | 7.2M | 4.4M | 4.3M | 5.4M | 4.2M | 3.1M | 3.1M | 2.6M | 3.6M | 1.1M |
| Inventory | 118.0M | 83.3M | 73.6M | 62.7M | 46.8M | 29.1M | 19.3M | 14.5M | 8.2M | 7.0M |
| Total Current Assets | 853.0M | 359.0M | 300.0M | 252.0M | 195.0M | 116.0M | 64.8M | 65.8M | 61.2M | 46.0M |
| Fixed Assets | -- | 87.4M | 87.0M | 68.8M | 64.8M | 70.0M | 11.7M | 10.2M | 10.7M | 10.2M |
| Fixed Assets Total | 136.0M | 87.4M | 87.0M | 68.8M | 64.8M | 70.0M | 11.7M | 10.2M | 10.7M | 10.2M |
| Construction In Progress | -- | 27.8M | 497,300 | 14.6M | 1.2M | -- | 22.6M | 77,300 | -- | -- |
| Construction In Progress Total | 17.3M | 27.8M | 497,300 | 14.6M | 1.2M | -- | 22.6M | 77,300 | -- | -- |
| Intangible Assets | 25.5M | 22.6M | 14.6M | 14.8M | 15.0M | 15.7M | 17.3M | 17.7M | -- | -- |
| Long Term Deferred Expenses | 7.2M | 7.4M | 5.6M | 4.9M | 5.1M | 4.4M | 392,400 | 661,600 | 759,000 | 408,200 |
| Total Non Current Assets | 225.0M | 161.0M | 124.0M | 124.0M | 106.0M | 105.0M | 53.1M | 28.7M | 11.7M | 11.3M |
| Total Assets | 1.1B | 520.0M | 424.0M | 376.0M | 301.0M | 220.0M | 118.0M | 94.5M | 72.9M | 57.3M |
| Short Term Borrowings | -- | 31.0M | 10.0M | 30.0M | 23.1M | 12.0M | -- | -- | -- | -- |
| Accounts Payable | 80.1M | 37.4M | 33.6M | 30.4M | 21.3M | 23.1M | 1.9M | 3.6M | 869,600 | 6.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 580,000 | 269,700 | 218,200 | 739,900 | 128,200 |
| Contract Liabilities | 1.0M | 1.7M | 1.8M | 2.4M | 2.1M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 128.0M | 85.7M | 84.0M | 111.0M | 90.1M | 43.7M | 10.4M | 9.6M | 11.5M | 18.2M |
| Total Non Current Liabilities | 447,900 | 875,500 | -- | 986,600 | 1.4M | 2.3M | 2.6M | 2.9M | 3.0M | -- |
| Total Liabilities | 128.0M | 86.6M | 84.0M | 112.0M | 91.5M | 46.0M | 13.0M | 12.5M | 14.5M | 18.2M |
| Paid In Capital | 80.0M | 60.0M | 60.0M | 60.0M | 33.0M | 33.0M | 30.6M | 30.0M | 11.8M | 11.8M |
| Capital Reserve | 460.0M | 63.8M | 63.8M | 59.2M | 90.8M | 85.3M | 50.7M | 43.5M | 15.8M | 13.7M |
| Surplus Reserve | 39.5M | 30.0M | 24.0M | 17.3M | 11.4M | 8.2M | 2.4M | 786,300 | 3.3M | 1.8M |
| Retained Earnings | 370.0M | 279.0M | 193.0M | 127.0M | 76.1M | 47.9M | 21.3M | 7.7M | 24.8M | 11.3M |
| Minority Equity | -- | -- | -- | -- | -1.9M | -- | -- | -- | 2.7M | 476,800 |
| Equity Attributable | 950.0M | 433.0M | 340.0M | 264.0M | 211.0M | 174.0M | 105.0M | 82.0M | 55.7M | 38.6M |
| Total Equity | 950.0M | 433.0M | 340.0M | 264.0M | 209.0M | 174.0M | 105.0M | 82.0M | 58.4M | 39.1M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 348.0M | 324.0M | 263.0M | 212.0M | 119.0M | 83.6M | 59.6M | 81.7M | 66.9M | 44.4M |
| Tax Refunds Received | 1.1M | -- | -- | -- | -- | -- | -- | 40,800 | -- | -- |
| Total Operating Cash Inflow | 359.0M | 351.0M | 282.0M | 222.0M | 130.0M | 87.8M | 69.2M | 82.2M | 67.4M | 44.8M |
| Cash Paid For Goods | 181.0M | 175.0M | 149.0M | 133.0M | 56.2M | 41.8M | 24.4M | 29.7M | 39.3M | 29.5M |
| Cash Paid To Employees | 49.9M | 40.4M | 34.4M | 29.2M | 19.8M | 16.0M | 7.2M | 7.0M | 6.2M | 4.6M |
| Taxes Paid | 24.1M | 27.3M | 15.9M | 13.7M | 6.9M | 9.3M | 11.2M | 13.6M | 5.5M | 5.8M |
| Total Operating Cash Outflow | 277.0M | 275.0M | 216.0M | 186.0M | 95.7M | 79.4M | 62.9M | 59.1M | 62.6M | 46.5M |
| Operating Cash Flow | 82.6M | 76.2M | 65.7M | 35.6M | 34.0M | 8.3M | 6.4M | 23.1M | 4.8M | -1.7M |
| Total Investing Cash Inflow | 158.0M | 146.0M | 128.0M | 132.0M | 34.2M | 309,800 | 28.5M | 19.1M | 19.6M | 22.3M |
| Total Investing Cash Outflow | 192.0M | 238.0M | 177.0M | 135.0M | 65.0M | 22.9M | 49.6M | 21.3M | 21.6M | 20.1M |
| Investing Cash Flow | -34.0M | -91.9M | -48.3M | -3.1M | -30.8M | -22.6M | -21.1M | -2.2M | -2.0M | 2.2M |
| Cash From Borrowings | 30.0M | 31.0M | 10.0M | 40.0M | 20.3M | 16.4M | -- | 3.0M | -- | -- |
| Dividends And Interest Paid | 801,300 | 769,000 | 987,800 | 4.3M | 329,100 | 91,800 | -- | 16.1M | 5.0M | -- |
| Debt Repayments | 61.0M | 10.0M | 30.0M | 33.1M | 12.3M | 14.5M | -- | 3.0M | -- | -- |
| Total Financing Cash Inflow | 473.0M | 31.0M | 10.0M | 40.0M | 23.3M | 16.4M | 2.3M | 29.1M | 4.0M | 1.0M |
| Total Financing Cash Outflow | 81.6M | 12.2M | 32.9M | 40.8M | 12.6M | 14.6M | -- | 24.1M | 5.0M | -- |
| Financing Cash Flow | 391.0M | 18.8M | -22.9M | -795,200 | 10.7M | 1.8M | 2.3M | 5.0M | -1.0M | 1.0M |
| Net Change In Cash | 442.0M | 4.4M | -1.8M | 30.8M | 11.7M | -12.5M | -11.5M | 26.3M | 1.8M | 1.4M |
| Ending Cash Balance | 495.0M | 52.8M | 48.4M | 50.2M | 19.5M | 7.7M | 18.2M | 29.7M | 3.4M | 1.6M |
| Capex | 70.9M | 47.4M | 18.2M | 31.3M | 17.1M | 6.6M | 21.6M | 20.3M | 4.5M | 5.1M |