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 | 602.0M | 547.0M | 507.0M | 429.0M | 243.0M |
| Revenue Growth % | 10.1% | 7.9% | 18.2% | 76.5% | -- |
| Total Revenue | 602.0M | 547.0M | 507.0M | 429.0M | 243.0M |
| Cost Of Revenue | 344.0M | 335.0M | 312.0M | 265.0M | 130.0M |
| Gross Profit | 258.0M | 212.0M | 195.0M | 164.0M | 113.0M |
| Gross Margin % | 42.9% | 38.8% | 38.5% | 38.2% | 46.5% |
| Total Operating Cost | 509.0M | 468.0M | 431.0M | 366.0M | 197.0M |
| Selling Expenses | 47.8M | 41.0M | 43.6M | 32.1M | 16.5M |
| Admin Expenses | 45.0M | 37.4M | 32.3M | 25.7M | 17.9M |
| Rd Expenses | 48.2M | 40.4M | 33.7M | 34.8M | 21.2M |
| Finance Expenses | 817,000 | 500,900 | 502,500 | 2.3M | 1.4M |
| Operating Income | 106.0M | 96.1M | 85.8M | 69.1M | 50.7M |
| Operating Margin % | 17.6% | 17.6% | 16.9% | 16.1% | 20.9% |
| Non Operating Income | 184,800 | 201,000 | 48,700 | 97,800 | 6,300 |
| Non Operating Expenses | 466,100 | 255,800 | 5,200 | 366,800 | 5,500 |
| Investment Income | 683,600 | -178,700 | 321,100 | 2.7M | 3.9M |
| Asset Disposal Income | 29.00 | -- | -- | 121,000 | 11,400 |
| Asset Impairment Loss | 2.3M | 6.4M | 4.2M | 5.3M | 3.2M |
| Other Income | 12.5M | 17.7M | 9.1M | 4.0M | 1.4M |
| Income Before Tax | 106.0M | 96.0M | 85.9M | 68.9M | 50.7M |
| Income Tax | 11.0M | 8.5M | 9.3M | 6.3M | 4.2M |
| Net Income | 94.7M | 87.5M | 76.5M | 62.5M | 46.5M |
| Net Margin % | 15.7% | 16.0% | 15.1% | 14.6% | 19.2% |
| Net Income Attributable | 94.4M | 86.5M | 76.8M | 62.5M | 46.5M |
| Minority Interest | 323,700 | 1.1M | -262,500 | 58,100 | 18,800 |
| Eps Basic | 2.14 | 2.07 | 1.87 | 1.56 | -- |
| Eps Diluted | 2.14 | 2.07 | 1.87 | 1.56 | -- |
| 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 | 615.0M | 108.0M | 148.0M | 124.0M | 65.4M |
| Trading Financial Assets | 10.0M | 92.0M | 60.0M | -- | -- |
| Accounts Receivable | 430.0M | 263.0M | 163.0M | 123.0M | 79.9M |
| Notes Receivable | 6.2M | 4.9M | 3.6M | 159,200 | 10.5M |
| Notes And Accounts Receivable | 436.0M | 268.0M | 167.0M | 123.0M | 90.4M |
| Prepayments | 10.1M | 4.5M | 5.5M | 3.1M | 8.9M |
| Inventory | 74.6M | 71.7M | 92.2M | 103.0M | 125.0M |
| Total Current Assets | 1.2B | 609.0M | 541.0M | 407.0M | 383.0M |
| Long Term Equity Investment | 6.6M | 6.0M | 5.5M | 5.0M | -- |
| Fixed Assets | -- | 22.3M | 19.1M | 20.4M | 13.2M |
| Fixed Assets Total | 18.3M | 22.3M | 19.1M | 20.4M | 13.2M |
| Construction In Progress | -- | 665,400 | 213,000 | 474,700 | -- |
| Construction In Progress Total | 97.5M | 665,400 | 213,000 | 474,700 | -- |
| Intangible Assets | 16.1M | 16.7M | 16.3M | 1.6M | 1.5M |
| Long Term Deferred Expenses | 4.0M | 4.9M | 5.6M | 1.2M | 1.3M |
| Total Non Current Assets | 202.0M | 96.6M | 105.0M | 74.5M | 25.6M |
| Total Assets | 1.4B | 706.0M | 646.0M | 482.0M | 408.0M |
| Short Term Borrowings | 20.0M | -- | 1.0M | 4.0M | 32.0M |
| Accounts Payable | 147.0M | 129.0M | 110.0M | 105.0M | 110.0M |
| Advance Receipts | 4,500 | 1,800 | -- | -- | -- |
| Contract Liabilities | 35.5M | 30.5M | 36.5M | 32.3M | 44.8M |
| Total Current Liabilities | 413.0M | 291.0M | 285.0M | 222.0M | 224.0M |
| Long Term Borrowings | 23.6M | -- | -- | -- | -- |
| Total Non Current Liabilities | 44.2M | 32.7M | 36.3M | 36.9M | 4.9M |
| Total Liabilities | 458.0M | 324.0M | 321.0M | 259.0M | 229.0M |
| Paid In Capital | 55.7M | 41.8M | 41.8M | 40.0M | 40.0M |
| Capital Reserve | 608.0M | 171.0M | 171.0M | 127.0M | 77.0M |
| Surplus Reserve | 19.3M | 13.9M | 7.8M | 3.5M | 8.7M |
| Retained Earnings | 243.0M | 154.0M | 104.0M | 51.3M | 53.8M |
| Minority Equity | 1.7M | 1.4M | 300,500 | 563,000 | -395,100 |
| Equity Attributable | 926.0M | 381.0M | 324.0M | 222.0M | 179.0M |
| Total Equity | 928.0M | 382.0M | 325.0M | 223.0M | 179.0M |
| 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 | 504.0M | 415.0M | 420.0M | 304.0M | 123.0M |
| Tax Refunds Received | 9.4M | 8.2M | 8.2M | 3.2M | 538,800 |
| Total Operating Cash Inflow | 530.0M | 446.0M | 449.0M | 353.0M | 130.0M |
| Cash Paid For Goods | 280.0M | 163.0M | 202.0M | 142.0M | 56.2M |
| Cash Paid To Employees | 118.0M | 116.0M | 91.9M | 78.9M | 36.4M |
| Taxes Paid | 47.2M | 46.7M | 35.0M | 33.3M | 12.2M |
| Total Operating Cash Outflow | 487.0M | 394.0M | 385.0M | 316.0M | 133.0M |
| Operating Cash Flow | 42.6M | 52.1M | 63.2M | 37.0M | -3.1M |
| Total Investing Cash Inflow | 524.0M | 249.0M | 60.4M | 99.9M | 28.5M |
| Total Investing Cash Outflow | 613.0M | 283.0M | 144.0M | 24.0M | 39.0M |
| Investing Cash Flow | -89.6M | -34.3M | -83.9M | 75.9M | -10.5M |
| Cash From Borrowings | 69.8M | -- | -- | 4.0M | 36.0M |
| Dividends And Interest Paid | 784,500 | 30.0M | 23.7M | 17.2M | 6.7M |
| Debt Repayments | 20.0M | 0.00 | 4.0M | 32.0M | 26.0M |
| Total Financing Cash Inflow | 549.0M | 0.00 | 49.5M | 9.3M | 138.0M |
| Total Financing Cash Outflow | 44.9M | 36.2M | 33.8M | 59.4M | 78.4M |
| Financing Cash Flow | 504.0M | -36.2M | 15.7M | -50.1M | 59.9M |
| Net Change In Cash | 457.0M | -18.4M | -5.0M | 62.8M | 46.4M |
| Ending Cash Balance | 550.0M | 92.7M | 111.0M | 116.0M | 53.3M |
| Capex | 109.0M | 3.4M | 24.3M | 11.3M | 8.1M |