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 | 287.0M | 263.0M | 237.0M | 238.0M | 206.0M |
| Revenue Growth % | 9.1% | 11.0% | -0.4% | 15.5% | -- |
| Total Revenue | 287.0M | 263.0M | 237.0M | 238.0M | 206.0M |
| Cost Of Revenue | 138.0M | 124.0M | 115.0M | 113.0M | 92.5M |
| Gross Profit | 149.0M | 139.0M | 122.0M | 125.0M | 113.5M |
| Gross Margin % | 51.9% | 52.9% | 51.5% | 52.5% | 55.1% |
| Total Operating Cost | 242.0M | 222.0M | 200.0M | 189.0M | 167.0M |
| Selling Expenses | 79,600 | 95,500 | 474,000 | 532,200 | 678,300 |
| Admin Expenses | 96.6M | 95.4M | 80.5M | 69.9M | 68.2M |
| Rd Expenses | -- | -- | -- | -- | -- |
| Finance Expenses | 6.5M | 3.5M | 3.2M | 5.5M | 5.7M |
| Operating Income | 45.8M | 41.6M | 38.5M | 48.9M | 40.1M |
| Operating Margin % | 16.0% | 15.8% | 16.3% | 20.6% | 19.5% |
| Non Operating Income | 373,500 | 91,100 | 147,400 | 372,300 | 282,800 |
| Non Operating Expenses | 648,300 | 883,600 | 28,700 | 24,800 | 137,800 |
| Investment Income | -386,800 | 1.0M | -31.34 | -31.34 | -31.34 |
| Asset Disposal Income | -- | 3,300 | -- | -- | -400.00 |
| Asset Impairment Loss | -- | -21,000 | -114,800 | 104,600 | -847,300 |
| Other Income | 918,400 | 168,800 | 675,000 | 425,200 | 806,200 |
| Income Before Tax | 45.6M | 40.8M | 38.7M | 49.3M | 40.3M |
| Income Tax | -- | -- | -- | -- | -- |
| Net Income | 45.6M | 40.8M | 38.7M | 49.3M | 40.3M |
| Net Margin % | 15.9% | 15.5% | 16.3% | 20.7% | 19.6% |
| Net Income Attributable | 32.8M | 28.4M | 26.8M | 35.5M | 28.9M |
| Minority Interest | 12.7M | 12.5M | 11.8M | 13.8M | 11.3M |
| Eps Basic | 0.53 | 0.45 | 0.43 | 0.57 | 0.46 |
| Eps Diluted | 0.53 | 0.45 | 0.43 | 0.57 | 0.46 |
| 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 | 241.0M | 217.0M | 299.0M | 219.0M | 321.0M |
| Accounts Receivable | 340,100 | 1.0M | 3.3M | 2.8M | 3.4M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 340,100 | 1.0M | 3.3M | 2.8M | 3.4M |
| Prepayments | -- | 298,300 | 198,300 | 285,800 | 94,800 |
| Inventory | 120,300 | 346,600 | 411,200 | 216,200 | 2.9M |
| Total Current Assets | 244.0M | 220.0M | 304.0M | 232.0M | 337.0M |
| Long Term Equity Investment | 4.7M | 5.1M | 5.1M | 5.1M | 5.1M |
| Fixed Assets | -- | 414.0M | 416.0M | 430.0M | 404.0M |
| Fixed Assets Total | 404.0M | 414.0M | 416.0M | 430.0M | 404.0M |
| Construction In Progress | -- | 44.6M | 1.8M | 998,800 | 1.4M |
| Construction In Progress Total | 285.0M | 44.6M | 1.8M | 998,800 | 1.4M |
| Intangible Assets | 254.0M | 260.0M | 203.0M | 207.0M | 51.7M |
| Long Term Deferred Expenses | 2.7M | -- | -- | -- | -- |
| Total Non Current Assets | 959.0M | 771.0M | 627.0M | 644.0M | 463.0M |
| Total Assets | 1.2B | 991.0M | 931.0M | 876.0M | 800.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 105.0M | 7.1M | 9.3M | 7.7M | 39.8M |
| Advance Receipts | 497,700 | 708,600 | -- | -- | -- |
| Contract Liabilities | 191.0M | 181.0M | 165.0M | 153.0M | 151.0M |
| Total Current Liabilities | 725.0M | 602.0M | 582.0M | 565.0M | 538.0M |
| Long Term Borrowings | 43.2M | -- | -- | -- | -- |
| Total Non Current Liabilities | 43.2M | 840,000 | 1.7M | 2.0M | 2.2M |
| Total Liabilities | 769.0M | 603.0M | 584.0M | 567.0M | 541.0M |
| Paid In Capital | 62.5M | 62.5M | 62.5M | 62.5M | 62.5M |
| Capital Reserve | 146.0M | 146.0M | 146.0M | 146.0M | 146.0M |
| Surplus Reserve | 7.3M | 7.3M | 7.3M | 7.3M | 7.3M |
| Retained Earnings | 86.3M | 53.5M | 25.1M | -1.7M | -37.2M |
| Minority Equity | 132.0M | 119.0M | 106.0M | 94.7M | 80.9M |
| Equity Attributable | 302.0M | 269.0M | 241.0M | 214.0M | 178.0M |
| Total Equity | 433.0M | 388.0M | 347.0M | 308.0M | 259.0M |
| 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 | 295.0M | 280.0M | 250.0M | 233.0M | 215.0M |
| Tax Refunds Received | 200.00 | -- | -- | -- | 192,300 |
| Total Operating Cash Inflow | 301.0M | 291.0M | 263.0M | 278.0M | 231.0M |
| Cash Paid For Goods | 3.4M | 7.5M | 2.5M | 3.4M | 6.9M |
| Cash Paid To Employees | 129.0M | 118.0M | 106.0M | 93.8M | 70.0M |
| Taxes Paid | 1.1M | 1.2M | 1.3M | 807,800 | 1.3M |
| Total Operating Cash Outflow | 203.0M | 187.0M | 178.0M | 147.0M | 177.0M |
| Operating Cash Flow | 97.7M | 104.0M | 84.5M | 132.0M | 54.7M |
| Total Investing Cash Inflow | 51,400 | 111,900 | -- | -- | 8,420 |
| Total Investing Cash Outflow | 117.0M | 166.0M | 4.6M | 233.0M | 7.8M |
| Investing Cash Flow | -117.0M | -166.0M | -4.6M | -233.0M | -7.8M |
| Cash From Borrowings | 43.8M | -- | -- | -- | -- |
| Dividends And Interest Paid | 3,900 | -- | -- | -- | -- |
| Debt Repayments | 3,088 | -- | -- | -- | -- |
| Total Financing Cash Inflow | 43.8M | -- | -- | 60.0M | -- |
| Total Financing Cash Outflow | 7,001 | 20.0M | 6,612 | 61.2M | -- |
| Financing Cash Flow | 43.7M | -20.0M | -6,612 | -1.2M | -- |
| Net Change In Cash | 24.2M | -82.0M | 79.9M | -102.0M | 46.9M |
| Ending Cash Balance | 241.0M | 217.0M | 299.0M | 219.0M | 321.0M |
| Capex | 117.0M | 166.0M | 4.6M | 233.0M | 7.8M |