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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 636.0M | 687.0M | 764.0M | 648.0M | 460.0M | 279.0M | 383.0M | 357.0M | 278.0M |
| Revenue Growth % | -7.4% | -10.1% | 17.9% | 40.9% | 64.9% | -27.2% | 7.3% | 28.4% | -- |
| Total Revenue | 636.0M | 687.0M | 764.0M | 648.0M | 460.0M | 279.0M | 383.0M | 357.0M | 278.0M |
| Cost Of Revenue | 461.0M | 431.0M | 457.0M | 396.0M | 300.0M | 196.0M | 243.0M | 225.0M | 170.0M |
| Gross Profit | 175.0M | 256.0M | 307.0M | 252.0M | 160.0M | 83.0M | 140.0M | 132.0M | 108.0M |
| Gross Margin % | 27.5% | 37.3% | 40.2% | 38.9% | 34.8% | 29.7% | 36.6% | 37.0% | 38.8% |
| Total Operating Cost | 574.0M | 549.0M | 574.0M | 494.0M | 384.0M | 278.0M | 309.0M | 336.0M | 212.0M |
| Selling Expenses | 8.4M | 9.6M | 10.9M | 8.3M | 6.3M | 8.1M | 9.5M | 9.3M | 5.6M |
| Admin Expenses | 47.5M | 44.4M | 46.7M | 36.8M | 31.4M | 21.2M | 17.1M | 54.2M | 8.3M |
| Rd Expenses | 55.8M | 56.4M | 52.2M | 37.7M | 22.8M | 16.6M | 22.6M | 22.6M | 16.5M |
| Finance Expenses | -14.4M | -5.1M | 1.4M | 3.2M | 5.8M | 3.0M | 8.6M | 8.4M | 4.4M |
| Operating Income | 80.3M | 151.0M | 200.0M | 157.0M | 77.9M | 4.5M | 78.5M | 22.6M | 65.4M |
| Operating Margin % | 12.6% | 22.0% | 26.2% | 24.2% | 16.9% | 1.6% | 20.5% | 6.3% | 23.5% |
| Non Operating Income | 12.00 | 179,600 | 19,700 | 2.00 | 13,700 | 52,000 | -- | 2,200 | 545,100 |
| Non Operating Expenses | 1.0M | 21,000 | 636,800 | 719,700 | 1.7M | 1.7M | 644,800 | 732,800 | 1.2M |
| Investment Income | 1.6M | -166,700 | -617,100 | 903,700 | -3,505 | 1.3M | -- | 513.97 | -- |
| Fair Value Change Income | 4.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.8M | 24,700 | 501,600 | -8,600 | 266,000 | -763,700 | 1.9M | 117,500 | -11,700 |
| Asset Impairment Loss | 7.8M | 6.5M | 4.1M | 2.6M | 3.5M | 1.8M | 3.2M | 11.8M | 4.1M |
| Other Income | 9.7M | 13.8M | 10.5M | 1.7M | 1.8M | 2.0M | 2.3M | 691,400 | -- |
| Income Before Tax | 79.2M | 151.0M | 200.0M | 156.0M | 76.1M | 2.9M | 77.8M | 21.8M | 64.7M |
| Income Tax | 4.5M | 15.4M | 16.3M | 19.3M | 10.5M | -329,300 | 9.2M | 2.3M | 9.1M |
| Net Income | 74.7M | 136.0M | 184.0M | 137.0M | 65.7M | 3.2M | 68.6M | 19.6M | 55.6M |
| Net Margin % | 11.7% | 19.8% | 24.1% | 21.1% | 14.3% | 1.1% | 17.9% | 5.5% | 20.0% |
| Net Income Attributable | 75.1M | 136.0M | 184.0M | 137.0M | 65.7M | 3.2M | 68.6M | 19.6M | 55.6M |
| Minority Interest | -355,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.54 | 1.23 | 1.66 | 1.25 | 0.61 | 0.03 | 0.72 | -- | -- |
| Eps Diluted | 0.54 | 1.23 | 1.66 | 1.25 | 0.61 | 0.03 | 0.72 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 536.0M | 164.0M | 87.8M | 26.7M | 27.3M | 52.3M | 92.2M | 82.8M | 12.1M |
| Trading Financial Assets | 348.0M | -- | -- | 30.2M | 1.1M | -- | -- | -- | -- |
| Accounts Receivable | 137.0M | 130.0M | 113.0M | 167.0M | 108.0M | 188.0M | 199.0M | 177.0M | -- |
| Notes Receivable | 289,500 | 44.0M | 66.0M | 49.9M | 50.1M | 42.1M | 34.7M | 35.6M | -- |
| Notes And Accounts Receivable | 137.0M | 174.0M | 179.0M | 217.0M | 158.0M | 230.0M | 234.0M | 213.0M | 175.0M |
| Prepayments | 6.1M | 4.2M | 4.7M | 14.5M | 14.7M | 7.0M | 5.7M | 6.2M | 4.5M |
| Inventory | 118.0M | 110.0M | 96.6M | 75.8M | 45.4M | 42.6M | 53.3M | 47.8M | 34.5M |
| Total Current Assets | 1.2B | 509.0M | 455.0M | 453.0M | 326.0M | 360.0M | 460.0M | 356.0M | 228.0M |
| Fixed Assets | -- | 743.0M | 750.0M | 644.0M | 512.0M | 320.0M | 193.0M | 131.0M | -- |
| Fixed Assets Total | 1.1B | 743.0M | 750.0M | 644.0M | 512.0M | 320.0M | 193.0M | 131.0M | 76.7M |
| Construction In Progress | -- | 230.0M | 181.0M | 29.6M | 28.6M | 124.0M | 88.6M | 76.1M | -- |
| Construction In Progress Total | 103.0M | 230.0M | 181.0M | 29.6M | 28.6M | 124.0M | 88.6M | 76.1M | 5.2M |
| Intangible Assets | 71.2M | 71.9M | 72.6M | 32.0M | 33.2M | 34.4M | 34.3M | 56.8M | 25.9M |
| Long Term Deferred Expenses | 195,300 | 462,200 | 797,200 | 525,500 | 1.1M | 463,300 | 380,500 | -- | -- |
| Total Non Current Assets | 1.3B | 1.1B | 1.0B | 743.0M | 614.0M | 503.0M | 346.0M | 302.0M | 117.0M |
| Total Assets | 2.5B | 1.6B | 1.5B | 1.2B | 941.0M | 863.0M | 806.0M | 657.0M | 345.0M |
| Short Term Borrowings | 210,200 | 1.0M | 50.1M | 86.6M | 80.2M | 77.1M | 70.0M | 168.0M | 24.5M |
| Accounts Payable | 96.0M | 150.0M | 166.0M | 60.0M | 49.6M | 49.7M | 55.3M | 63.0M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 1.5M | 392,200 | 1.0M | 466,600 |
| Contract Liabilities | 1.3M | 4.0M | 1.2M | 440,700 | 607,500 | -- | -- | -- | -- |
| Total Current Liabilities | 324.0M | 263.0M | 317.0M | 239.0M | 213.0M | 226.0M | 190.0M | 271.0M | 197.0M |
| Long Term Borrowings | -- | 1.6M | 10.0M | -- | -- | 4.2M | -- | -- | -- |
| Total Non Current Liabilities | 106.0M | 90.1M | 95.2M | 67.3M | 41.9M | 23.6M | 12.5M | 2.5M | 580,000 |
| Total Liabilities | 430.0M | 353.0M | 412.0M | 306.0M | 255.0M | 250.0M | 202.0M | 273.0M | 198.0M |
| Paid In Capital | 147.0M | 110.0M | 110.0M | 110.0M | 107.0M | 107.0M | 107.0M | 95.4M | 75.0M |
| Capital Reserve | 1.2B | 494.0M | 486.0M | 477.0M | 413.0M | 407.0M | 441.0M | 197.0M | -- |
| Surplus Reserve | 65.5M | 57.9M | 44.3M | 25.9M | 12.3M | 5.7M | 5.9M | 9.1M | 7.1M |
| Retained Earnings | 631.0M | 564.0M | 441.0M | 276.0M | 153.0M | 94.0M | 49.1M | 82.7M | 65.1M |
| Minority Equity | 12.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.0B | 1.2B | 1.1B | 889.0M | 686.0M | 614.0M | 604.0M | 384.0M | 147.0M |
| Total Equity | 2.0B | 1.2B | 1.1B | 889.0M | 686.0M | 614.0M | 604.0M | 384.0M | 147.0M |
| 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 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 643.0M | 695.0M | 751.0M | 492.0M | 377.0M | 211.0M | 312.0M | 223.0M | 172.0M |
| Tax Refunds Received | 6.8M | 490,000 | 1.2M | -- | 6.4M | 5.8M | 5.1M | -- | -- |
| Total Operating Cash Inflow | 760.0M | 836.0M | 871.0M | 567.0M | 400.0M | 291.0M | 350.0M | 234.0M | 175.0M |
| Cash Paid For Goods | 232.0M | 232.0M | 222.0M | 176.0M | 111.0M | 116.0M | 104.0M | 80.0M | 39.7M |
| Cash Paid To Employees | 188.0M | 170.0M | 174.0M | 143.0M | 94.8M | 80.7M | 117.0M | 99.8M | 81.9M |
| Taxes Paid | 10.0M | 23.8M | 39.2M | 20.2M | 18.1M | 7.3M | 28.8M | 43.6M | 24.3M |
| Total Operating Cash Outflow | 709.0M | 569.0M | 571.0M | 427.0M | 260.0M | 277.0M | 288.0M | 253.0M | 163.0M |
| Operating Cash Flow | 51.1M | 267.0M | 301.0M | 140.0M | 140.0M | 13.9M | 61.4M | -19.0M | 12.5M |
| Total Investing Cash Inflow | 846.0M | 175.0M | 285.0M | 313.0M | 175.0M | 108.0M | 13.9M | 260,200 | 81,100 |
| Total Investing Cash Outflow | 1.5B | 372.0M | 529.0M | 509.0M | 333.0M | 200.0M | 82.7M | 162.0M | 27.3M |
| Investing Cash Flow | -703.0M | -197.0M | -244.0M | -197.0M | -158.0M | -92.5M | -68.8M | -162.0M | -27.2M |
| Cash From Borrowings | 5.2M | 7.0M | 60.0M | 86.5M | 120.0M | 91.2M | 143.0M | 168.0M | 34.5M |
| Dividends And Interest Paid | 99,200 | 726,800 | 2.9M | 3.2M | 4.7M | 3.5M | 7.4M | 3.0M | 837,800 |
| Debt Repayments | 9.0M | 63.0M | 86.5M | 80.1M | 131.0M | 70.0M | 242.0M | 24.5M | 22.5M |
| Total Financing Cash Inflow | 760.0M | 9.4M | 60.0M | 147.0M | 155.0M | 142.0M | 324.0M | 527.0M | 92.7M |
| Total Financing Cash Outflow | 34.4M | 68.4M | 92.7M | 83.9M | 141.0M | 138.0M | 300.0M | 282.0M | 80.1M |
| Financing Cash Flow | 726.0M | -59.0M | -32.7M | 62.6M | 14.4M | 4.6M | 23.4M | 244.0M | 12.6M |
| Net Change In Cash | 73.6M | 12.0M | 25.5M | 6.4M | -3.8M | -73.6M | 15.8M | 62.8M | -1.7M |
| Ending Cash Balance | 124.0M | 50.2M | 38.2M | 12.7M | 6.4M | 10.2M | 83.8M | 68.0M | 5.2M |
| Capex | 250.0M | 132.0M | 241.0M | 177.0M | 156.0M | 134.0M | 32.7M | 162.0M | 27.3M |