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 | 1.2B | 929.0M | 870.0M | 856.0M | 546.0M |
| Revenue Growth % | 27.9% | 6.8% | 1.6% | 56.8% | -- |
| Total Revenue | 1.2B | 929.0M | 870.0M | 856.0M | 546.0M |
| Cost Of Revenue | 862.0M | 686.0M | 668.0M | 628.0M | 409.0M |
| Gross Profit | 326.0M | 243.0M | 202.0M | 228.0M | 137.0M |
| Gross Margin % | 27.4% | 26.2% | 23.2% | 26.6% | 25.1% |
| Total Operating Cost | 1.1B | 846.0M | 805.0M | 770.0M | 510.0M |
| Selling Expenses | 29.7M | 27.4M | 23.5M | 22.7M | 15.6M |
| Admin Expenses | 84.0M | 67.2M | 58.6M | 55.6M | 47.7M |
| Rd Expenses | 69.7M | 56.8M | 47.4M | 48.2M | 30.5M |
| Finance Expenses | -6.2M | -5.7M | -6.1M | -8.2M | -1.5M |
| Operating Income | 119.0M | 103.0M | 93.8M | 108.0M | 56.6M |
| Operating Margin % | 10.0% | 11.1% | 10.8% | 12.6% | 10.4% |
| Non Operating Income | 1.2M | 1.0M | 2.1M | 341,200 | 144,700 |
| Non Operating Expenses | 590,200 | 179,500 | 1.1M | 3.0M | 342,600 |
| Investment Income | 7.8M | 4.8M | 6.7M | 1.3M | 4,973 |
| Fair Value Change Income | 515,400 | -- | -- | 210,600 | -- |
| Asset Disposal Income | -- | 38,000 | 71,900 | 12.8M | -- |
| Asset Impairment Loss | 26.0M | 489,500 | 451,800 | 8.6M | 3.7M |
| Other Income | 9.2M | 15.4M | 21.9M | 7.8M | 21.0M |
| Income Before Tax | 120.0M | 104.0M | 94.8M | 106.0M | 56.4M |
| Income Tax | 17.3M | 12.8M | 11.8M | 12.8M | 8.9M |
| Net Income | 102.0M | 91.5M | 83.0M | 92.8M | 47.5M |
| Net Margin % | 8.6% | 9.8% | 9.5% | 10.8% | 8.7% |
| Net Income Attributable | 106.0M | 91.7M | 83.5M | 94.5M | 47.9M |
| Minority Interest | -3.4M | -292,500 | -478,100 | -1.7M | -341,900 |
| Eps Basic | 0.56 | 0.48 | 0.45 | 0.53 | 0.31 |
| Eps Diluted | 0.56 | 0.48 | 0.45 | 0.53 | 0.31 |
| 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 | 306.0M | 416.0M | 411.0M | 245.0M | 203.0M |
| Trading Financial Assets | 224.0M | -- | -- | 168.0M | -- |
| Accounts Receivable | 221.0M | 245.0M | 228.0M | 209.0M | 130.0M |
| Notes Receivable | 3.8M | 1.2M | 1.1M | -- | -- |
| Notes And Accounts Receivable | 225.0M | 246.0M | 229.0M | 209.0M | 130.0M |
| Prepayments | 88.7M | 47.9M | 81.8M | 35.1M | 42.3M |
| Inventory | 843.0M | 736.0M | 449.0M | 317.0M | 173.0M |
| Total Current Assets | 1.9B | 1.6B | 1.3B | 1.1B | 645.0M |
| Long Term Equity Investment | 39.1M | 36.0M | 33.4M | 28.0M | 879,300 |
| Fixed Assets | -- | 418.0M | 177.0M | 190.0M | 153.0M |
| Fixed Assets Total | 437.0M | 418.0M | 177.0M | 190.0M | 153.0M |
| Construction In Progress | -- | 64.3M | 174.0M | 12.4M | 13.3M |
| Construction In Progress Total | 35.2M | 64.3M | 174.0M | 12.4M | 13.3M |
| Intangible Assets | 101.0M | 106.0M | 102.0M | 105.0M | 91.2M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 741.0M | 696.0M | 523.0M | 393.0M | 264.0M |
| Total Assets | 2.6B | 2.3B | 1.8B | 1.5B | 909.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 279.0M | 228.0M | 162.0M | 142.0M | 64.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 645.0M | 539.0M | 311.0M | 142.0M | 91.6M |
| Total Current Liabilities | 1.2B | 946.0M | 586.0M | 371.0M | 218.0M |
| Long Term Borrowings | 53.4M | -- | -- | -- | -- |
| Total Non Current Liabilities | 67.1M | 16.2M | 20.9M | 23.8M | 14.5M |
| Total Liabilities | 1.2B | 962.0M | 607.0M | 395.0M | 233.0M |
| Paid In Capital | 189.0M | 189.0M | 189.0M | 174.0M | 155.0M |
| Capital Reserve | 540.0M | 540.0M | 540.0M | 508.0M | 287.0M |
| Surplus Reserve | 49.7M | 47.1M | 46.4M | 44.7M | 30.4M |
| Retained Earnings | 595.0M | 507.0M | 426.0M | 352.0M | 206.0M |
| Minority Equity | 852,800 | 4.2M | 4.5M | 5.0M | 6.7M |
| Equity Attributable | 1.4B | 1.3B | 1.2B | 1.1B | 669.0M |
| Total Equity | 1.4B | 1.3B | 1.2B | 1.1B | 676.0M |
| 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 | 1.1B | 1.0B | 866.0M | 658.0M | 409.0M |
| Tax Refunds Received | 7.8M | 22.00 | 13.8M | 1.6M | 86,500 |
| Total Operating Cash Inflow | 1.2B | 1.1B | 932.0M | 685.0M | 439.0M |
| Cash Paid For Goods | 726.0M | 672.0M | 598.0M | 447.0M | 260.0M |
| Cash Paid To Employees | 174.0M | 145.0M | 138.0M | 124.0M | 94.9M |
| Taxes Paid | 79.5M | 63.4M | 41.6M | 32.4M | 41.0M |
| Total Operating Cash Outflow | 1.0B | 921.0M | 838.0M | 643.0M | 420.0M |
| Operating Cash Flow | 158.0M | 163.0M | 93.6M | 42.5M | 19.0M |
| Total Investing Cash Inflow | 348.0M | 1.4M | 489.0M | 38.6M | 17,700 |
| Total Investing Cash Outflow | 655.0M | 148.0M | 463.0M | 215.0M | 6.4M |
| Investing Cash Flow | -307.0M | -146.0M | 25.6M | -177.0M | -6.3M |
| Cash From Borrowings | 53.4M | -- | -- | -- | -- |
| Dividends And Interest Paid | 16.0M | 9.5M | 8.3M | 7.5M | 4.7M |
| Debt Repayments | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 53.4M | -- | 68.0M | 187.0M | -- |
| Total Financing Cash Outflow | 19.9M | 11.2M | 26.6M | 17.1M | 12.1M |
| Financing Cash Flow | 33.5M | -11.2M | 41.4M | 170.0M | -12.1M |
| Net Change In Cash | -113.0M | 5.4M | 162.0M | 34.9M | 167,600 |
| Ending Cash Balance | 298.0M | 412.0M | 406.0M | 245.0M | 203.0M |
| Capex | 36.6M | 96.9M | 145.0M | 47.5M | 6.4M |