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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 627.0M | 463.0M | 592.0M | 428.0M | 235.0M | 182.0M | 103.0M | 62.7M | 21.4M | 11.7M | 11.7M |
| Revenue Growth % | 35.4% | -21.8% | 38.3% | 82.1% | 29.1% | 76.7% | 64.4% | 193.0% | 83.1% | 0.1% | -- |
| Total Revenue | 627.0M | 463.0M | 592.0M | 428.0M | 235.0M | 182.0M | 103.0M | 62.7M | 21.4M | 11.7M | 11.7M |
| Cost Of Revenue | 449.0M | 311.0M | 336.0M | 227.0M | 112.0M | 84.0M | 53.0M | 37.6M | 13.1M | 7.3M | 7.0M |
| Gross Profit | 178.0M | 152.0M | 256.0M | 201.0M | 123.0M | 98.0M | 50.0M | 25.0M | 8.3M | 4.4M | 4.6M |
| Gross Margin % | 28.4% | 32.8% | 43.2% | 47.0% | 52.3% | 53.8% | 48.5% | 39.9% | 38.9% | 37.3% | 39.8% |
| Total Operating Cost | 544.0M | 380.0M | 433.0M | 293.0M | 174.0M | 167.0M | 75.8M | 60.6M | 29.4M | 18.7M | 16.3M |
| Selling Expenses | 10.5M | 8.9M | 7.4M | 6.7M | 4.3M | 4.7M | 2.1M | 2.5M | 1.7M | 1.2M | 617,700 |
| Admin Expenses | 28.6M | 27.2M | 34.5M | 27.8M | 38.5M | 62.7M | 7.4M | 7.8M | 10.7M | 7.0M | 8.7M |
| Rd Expenses | 34.2M | 33.2M | 37.3M | 21.3M | 11.4M | 6.7M | 5.2M | 3.9M | -- | -- | -- |
| Finance Expenses | -2.4M | -4.1M | 1.9M | 2.9M | 5.6M | 4.8M | 2.9M | 4.4M | 4.0M | 1.9M | 1.5M |
| Operating Income | 113.0M | 115.0M | 171.0M | 149.0M | 68.2M | 18.6M | 26.6M | 4.9M | -8.0M | -7.1M | -4.6M |
| Operating Margin % | 18.0% | 24.8% | 28.9% | 34.8% | 29.0% | 10.2% | 25.9% | 7.8% | -37.3% | -60.7% | -39.8% |
| Non Operating Income | 488,500 | 305,500 | -- | -- | -- | -- | 2.0M | 3.8M | 8.6M | 11.7M | 3.7M |
| Non Operating Expenses | 241,300 | 213,100 | 536,400 | 381,100 | 772,700 | 332,000 | 79,000 | 62,700 | 665,500 | 354,200 | 217,000 |
| Investment Income | -- | -- | -79,100 | 246,000 | 617,500 | 118,000 | -485,700 | -- | -- | -63,600 | 4,629 |
| Asset Disposal Income | -2,100 | -70,800 | -- | -65,500 | 310,200 | 29,800 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.4M | 531,300 | 2.8M | 1.5M | 817,600 | -99,400 | 2.9M | 2.6M | -1.1M | 1.2M | -1.6M |
| Other Income | 30.0M | 32.9M | 12.1M | 13.7M | 5.9M | 3.1M | 66,800 | 2.9M | -- | -- | -- |
| Income Before Tax | 113.0M | 116.0M | 170.0M | 149.0M | 67.4M | 18.2M | 28.5M | 8.6M | -26,500 | 4.2M | -1.2M |
| Income Tax | 13.1M | 13.1M | 20.1M | 20.0M | 13.1M | 10.1M | 4.1M | 128,300 | 1.5M | 1.2M | 337,200 |
| Net Income | 100.0M | 103.0M | 150.0M | 129.0M | 54.4M | 8.2M | 24.5M | 8.5M | -1.5M | 3.0M | -1.5M |
| Net Margin % | 15.9% | 22.2% | 25.3% | 30.1% | 23.1% | 4.5% | 23.8% | 13.5% | -7.0% | 25.9% | -12.9% |
| Net Income Attributable | 100.0M | 103.0M | 150.0M | 129.0M | 54.4M | 8.2M | 24.5M | 8.5M | -1.5M | 3.1M | -215,800 |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -24,800 | -1.3M |
| Eps Basic | 1.45 | 1.65 | 2.41 | 2.36 | 1.04 | 0.18 | 0.60 | 0.26 | -0.05 | 0.31 | -0.02 |
| Eps Diluted | 1.45 | 1.65 | 2.41 | 2.36 | 1.04 | 0.18 | -- | -- | -- | 0.31 | -0.02 |
| 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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 587.0M | 336.0M | 312.0M | 297.0M | 148.0M | 72.6M | 778,400 | 31.1M | 9.3M | 5.3M | 651,000 |
| Accounts Receivable | 365.0M | 183.0M | 184.0M | 94.7M | 24.6M | 64.4M | 98.5M | 48.2M | 3.4M | 5.0M | 2.5M |
| Notes Receivable | 1.1M | -- | -- | 2.7M | -- | -- | 40,000 | 588,500 | -- | 792,100 | 499,400 |
| Notes And Accounts Receivable | 366.0M | 183.0M | 184.0M | 97.3M | 24.6M | 64.4M | 98.5M | 48.8M | 3.4M | 5.8M | 3.0M |
| Prepayments | 5.9M | 12.2M | 8.5M | 10.4M | 1.0M | 480,000 | 17.2M | 1.7M | 830,800 | 1.8M | 163,700 |
| Inventory | 153.0M | 89.8M | 130.0M | 91.0M | 79.9M | 63.6M | 19.1M | 20.4M | 16.0M | 8.5M | 4.3M |
| Total Current Assets | 1.1B | 641.0M | 673.0M | 496.0M | 288.0M | 224.0M | 142.0M | 103.0M | 30.3M | 26.2M | 15.3M |
| Fixed Assets | -- | 371.0M | 339.0M | 133.0M | 100.0M | 52.0M | -- | -- | 50.5M | 48.7M | 31.2M |
| Fixed Assets Total | 380.0M | 371.0M | 339.0M | 133.0M | 100.0M | 52.0M | 44.7M | 54.0M | 50.5M | 48.7M | 31.2M |
| Construction In Progress | -- | 58.9M | 112.0M | 166.0M | 14.5M | 40.2M | -- | -- | 760,500 | 102,000 | 32.6M |
| Construction In Progress Total | 29.0M | 58.9M | 112.0M | 166.0M | 14.5M | 40.2M | 856,100 | -- | 760,500 | 102,000 | 32.6M |
| Intangible Assets | 32.2M | 31.2M | 32.6M | 27.4M | 16.5M | 14.3M | 14.7M | 15.1M | 15.4M | 15.8M | 17.3M |
| Long Term Deferred Expenses | -- | 11,300 | 147,400 | 296,900 | -- | -- | -- | -- | -- | 1.0M | -- |
| Total Non Current Assets | 462.0M | 480.0M | 504.0M | 394.0M | 188.0M | 118.0M | 76.5M | 77.5M | 67.3M | 66.9M | 82.2M |
| Total Assets | 1.6B | 1.1B | 1.2B | 890.0M | 475.0M | 342.0M | 218.0M | 180.0M | 97.6M | 93.1M | 97.5M |
| Short Term Borrowings | 2.0M | 1.0M | 40.0M | 57.2M | 57.1M | 61.1M | 29.9M | 15.4M | 22.6M | 17.0M | 9.0M |
| Accounts Payable | 79.9M | 127.0M | 162.0M | 135.0M | 92.0M | 72.6M | 44.3M | 22.4M | 3.1M | 8.7M | 4.2M |
| Advance Receipts | -- | -- | -- | -- | -- | -- | -- | 277,200 | 279,600 | 1.6M | 266,200 |
| Contract Liabilities | -- | -- | -- | 137,200 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 291.0M | 175.0M | 368.0M | 254.0M | 217.0M | 204.0M | 99.3M | 96.5M | 32.7M | 40.8M | 58.2M |
| Long Term Borrowings | 2.0M | 70.0M | 32.7M | 48.0M | -- | -- | -- | 9.5M | 29.0M | 19.5M | 19.5M |
| Total Non Current Liabilities | 34.1M | 105.0M | 68.7M | 48.3M | -- | -- | -- | 9.5M | 29.0M | 22.5M | 25.7M |
| Total Liabilities | 325.0M | 280.0M | 436.0M | 302.0M | 217.0M | 204.0M | 99.3M | 106.0M | 61.7M | 63.3M | 83.9M |
| Paid In Capital | 83.0M | 62.2M | 62.2M | 62.2M | 56.2M | 45.5M | 45.5M | 40.5M | 33.0M | 25.0M | 9.8M |
| Capital Reserve | 649.0M | 338.0M | 338.0M | 338.0M | 145.0M | 92.1M | 43.6M | 28.4M | 5.9M | 1.0M | -- |
| Surplus Reserve | 41.5M | 33.3M | 33.3M | 18.3M | 5.4M | -- | 3.0M | 258,800 | -- | 314,500 | 72,700 |
| Retained Earnings | 471.0M | 402.0M | 300.0M | 164.0M | 48.5M | -445,200 | 27.0M | 5.3M | -2.9M | 3.5M | 717,200 |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.0M |
| Equity Attributable | 1.2B | 841.0M | 741.0M | 587.0M | 259.0M | 138.0M | 119.0M | 74.4M | 35.9M | 29.8M | 10.6M |
| Total Equity | 1.2B | 841.0M | 741.0M | 587.0M | 259.0M | 138.0M | 119.0M | 74.4M | 35.9M | 29.8M | 13.6M |
| 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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 303.0M | 386.0M | 465.0M | 412.0M | 285.0M | 169.0M | 62.1M | 25.4M | 27.0M | 6.1M | 14.2M |
| Tax Refunds Received | -- | -- | 2.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 338.0M | 423.0M | 511.0M | 426.0M | 304.0M | 251.0M | 71.8M | 42.4M | 37.6M | 25.9M | 31.5M |
| Cash Paid For Goods | 231.0M | 80.4M | 271.0M | 212.0M | 92.9M | 81.5M | 42.8M | 16.3M | 19.1M | 2.5M | 6.6M |
| Cash Paid To Employees | 91.1M | 75.2M | 73.6M | 50.9M | 28.8M | 16.6M | 12.6M | 10.3M | 8.4M | 3.9M | 2.2M |
| Taxes Paid | 45.8M | 69.1M | 48.3M | 14.7M | 27.0M | 31.7M | 8.5M | 2.9M | 6.8M | 246,400 | 1.2M |
| Total Operating Cash Outflow | 395.0M | 244.0M | 414.0M | 300.0M | 163.0M | 219.0M | 82.8M | 48.0M | 48.4M | 15.4M | 24.2M |
| Operating Cash Flow | -56.9M | 179.0M | 96.9M | 126.0M | 141.0M | 32.8M | -11.0M | -5.6M | -10.8M | 10.5M | 7.3M |
| Total Investing Cash Inflow | 90,000 | 10,200 | 2.1M | 263,300 | 1.1M | 4.0M | -- | 783,400 | 7.2M | 2.2M | 27.8M |
| Total Investing Cash Outflow | 33.1M | 55.3M | 117.0M | 195.0M | 97.1M | 43.2M | 9.8M | 15.1M | 9.3M | 13.3M | 31.0M |
| Investing Cash Flow | -33.0M | -55.3M | -115.0M | -194.0M | -96.0M | -39.2M | -9.8M | -14.3M | -2.1M | -11.1M | -3.3M |
| Cash From Borrowings | 64.9M | 93.8M | 40.0M | 139.0M | 62.0M | 95.0M | 40.1M | 25.4M | 32.1M | 17.0M | 9.0M |
| Dividends And Interest Paid | 2.6M | 1.4M | 3.7M | 2.7M | 3.2M | 3.6M | 2.5M | 3.9M | 3.6M | 1.5M | 1.6M |
| Debt Repayments | 131.0M | 101.0M | 81.8M | 76.0M | 66.0M | 68.5M | 45.0M | 27.6M | 17.0M | 9.0M | 13.5M |
| Total Financing Cash Inflow | 424.0M | 93.8M | 40.0M | 304.0M | 105.0M | 144.0M | 109.0M | 85.3M | 58.5M | 55.8M | 33.8M |
| Total Financing Cash Outflow | 159.0M | 107.0M | 91.5M | 79.1M | 70.5M | 92.6M | 119.0M | 43.6M | 41.5M | 50.5M | 38.1M |
| Financing Cash Flow | 265.0M | -12.8M | -51.5M | 225.0M | 34.5M | 51.2M | -9.5M | 41.7M | 17.0M | 5.3M | -4.3M |
| Net Change In Cash | 175.0M | 111.0M | -69.1M | 157.0M | 79.6M | 44.8M | -30.3M | 21.8M | 4.0M | 4.8M | -258,200 |
| Ending Cash Balance | 500.0M | 325.0M | 213.0M | 282.0M | 125.0M | 45.6M | 778,400 | 31.1M | 9.3M | 5.3M | 533,000 |
| Capex | 33.1M | 55.2M | 117.0M | 193.0M | 78.1M | 43.2M | 9.6M | 9.8M | 6.8M | 10.9M | 23.4M |