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 | 783.0M | 723.0M | 905.0M | 750.0M | 560.0M | 479.0M | 401.0M | 254.0M | 182.0M |
| Revenue Growth % | 8.3% | -20.1% | 20.7% | 33.9% | 16.9% | 19.5% | 57.9% | 39.6% | -- |
| Total Revenue | 783.0M | 723.0M | 905.0M | 750.0M | 560.0M | 479.0M | 401.0M | 254.0M | 182.0M |
| Cost Of Revenue | 637.0M | 566.0M | 659.0M | 553.0M | 396.0M | 329.0M | 260.0M | 166.0M | 118.0M |
| Gross Profit | 146.0M | 157.0M | 246.0M | 197.0M | 164.0M | 150.0M | 141.0M | 88.0M | 64.0M |
| Gross Margin % | 18.6% | 21.7% | 27.2% | 26.3% | 29.3% | 31.3% | 35.2% | 34.6% | 35.2% |
| Total Operating Cost | 727.0M | 640.0M | 726.0M | 629.0M | 467.0M | 393.0M | 312.0M | 200.0M | 147.0M |
| Selling Expenses | 15.0M | 13.7M | 13.2M | 13.1M | 10.5M | 17.2M | 13.9M | 10.2M | 9.2M |
| Admin Expenses | 31.0M | 29.5M | 26.5M | 20.7M | 27.2M | 13.0M | 12.5M | 8.1M | 7.6M |
| Rd Expenses | 48.1M | 30.5M | 32.3M | 24.9M | 19.5M | 18.1M | 13.9M | 8.4M | 6.0M |
| Finance Expenses | -8.2M | -10.3M | -15.3M | 2.9M | 8.9M | 9.0M | 1.5M | 3.4M | 754,400 |
| Operating Income | 69.0M | 104.0M | 182.0M | 119.0M | 90.9M | 86.4M | 88.2M | 54.4M | 34.8M |
| Operating Margin % | 8.8% | 14.4% | 20.1% | 15.9% | 16.2% | 18.0% | 22.0% | 21.4% | 19.1% |
| Non Operating Income | 13,600 | 1.7M | 0.00 | 2,000 | 35.00 | 2.0M | 2.1M | 112,000 | 41,000 |
| Non Operating Expenses | 316,600 | 219,100 | 191,900 | 110,200 | 269,000 | 153,000 | 905,800 | 593,600 | -- |
| Investment Income | 8.8M | 12.5M | 1.7M | -1.4M | -974,700 | -671,700 | -- | -245,400 | -604,200 |
| Fair Value Change Income | -153,100 | 2.1M | 844,700 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.7M | -246,300 | -912,000 | -2.1M | -1.5M | -171,700 | -346,500 | -51,400 | -- |
| Asset Impairment Loss | 5.2M | 3.4M | 3.2M | 7.3M | 2.1M | 2.4M | 7.2M | 1.8M | 3.4M |
| Other Income | 6.7M | 6.4M | 844,100 | 752,600 | 959,700 | 715,800 | 310,300 | 559,200 | -- |
| Income Before Tax | 68.7M | 106.0M | 182.0M | 118.0M | 90.6M | 88.3M | 89.4M | 53.9M | 34.9M |
| Income Tax | 7.8M | 11.5M | 23.2M | 14.7M | 13.3M | 13.0M | 13.4M | 12.6M | 9.0M |
| Net Income | 60.9M | 94.1M | 158.0M | 104.0M | 77.3M | 75.3M | 76.0M | 41.3M | 25.9M |
| Net Margin % | 7.8% | 13.0% | 17.5% | 13.9% | 13.8% | 15.7% | 18.9% | 16.3% | 14.2% |
| Net Income Attributable | 66.4M | 95.3M | 158.0M | 104.0M | 77.3M | 75.3M | 76.0M | 41.3M | 25.9M |
| Minority Interest | -5.5M | -1.3M | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.50 | 0.71 | 2.03 | 2.01 | 1.32 | 1.18 | 1.31 | -- | -- |
| Eps Diluted | 0.50 | 0.71 | 2.03 | 2.01 | 1.32 | 1.18 | 1.31 | -- | -- |
| 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 | 459.0M | 232.0M | 520.0M | 194.0M | 132.0M | 95.6M | 64.5M | 17.1M | 11.6M |
| Trading Financial Assets | 113.0M | 583.0M | 188.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 365.0M | 421.0M | 368.0M | 324.0M | 254.0M | 216.0M | 197.0M | 134.0M | 110.0M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 50.7M | 6.6M | 3.0M |
| Notes And Accounts Receivable | 365.0M | 421.0M | 368.0M | 324.0M | 254.0M | 216.0M | 248.0M | 140.0M | 113.0M |
| Prepayments | 6.5M | 1.1M | 369,500 | 68,300 | 158,300 | 61,200 | 34,900 | 329,000 | 261,600 |
| Inventory | 54.0M | 37.5M | 46.3M | 55.5M | 35.9M | 30.2M | 21.5M | 10.4M | 7.6M |
| Total Current Assets | 1.1B | 1.4B | 1.4B | 668.0M | 479.0M | 411.0M | 339.0M | 169.0M | 133.0M |
| Long Term Equity Investment | 12.2M | 10.0M | -- | -- | -- | -- | -- | -- | 2.6M |
| Fixed Assets | -- | 116.0M | 100.0M | 103.0M | 101.0M | 104.0M | -- | -- | -- |
| Fixed Assets Total | 284.0M | 116.0M | 100.0M | 103.0M | 101.0M | 104.0M | 76.9M | 66.5M | 75.1M |
| Construction In Progress | -- | 34.8M | 7.3M | 1.5M | 571,200 | 157,200 | -- | -- | -- |
| Construction In Progress Total | 82.0M | 34.8M | 7.3M | 1.5M | 571,200 | 157,200 | 17.9M | 3.0M | -- |
| Intangible Assets | 54.7M | 22.2M | 12.4M | 13.1M | 13.0M | 13.4M | 12.3M | 9.1M | 10.7M |
| Long Term Deferred Expenses | 3.7M | 3.1M | 3.8M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 534.0M | 209.0M | 143.0M | 128.0M | 125.0M | 133.0M | 120.0M | 92.4M | 90.5M |
| Total Assets | 1.6B | 1.6B | 1.5B | 796.0M | 604.0M | 544.0M | 459.0M | 261.0M | 223.0M |
| Short Term Borrowings | 25.0M | -- | -- | -- | -- | 97,100 | 20.0M | 39.4M | 8.5M |
| Accounts Payable | 221.0M | 167.0M | 169.0M | 191.0M | 155.0M | 134.0M | 112.0M | -- | -- |
| Advance Receipts | -- | -- | -- | -- | 516,900 | 544,900 | 511,800 | 475,300 | -- |
| Contract Liabilities | 88,900 | 922,200 | 130,600 | 41,000 | 91,200 | -- | -- | -- | -- |
| Total Current Liabilities | 527.0M | 432.0M | 402.0M | 367.0M | 253.0M | 179.0M | 159.0M | 119.0M | 102.0M |
| Total Non Current Liabilities | 10.6M | 1.8M | 3.5M | 2.7M | 3.0M | 93.6M | 3.4M | 2.5M | 7,800 |
| Total Liabilities | 537.0M | 434.0M | 405.0M | 369.0M | 256.0M | 273.0M | 162.0M | 122.0M | 102.0M |
| Paid In Capital | 135.0M | 96.3M | 68.8M | 51.6M | 51.6M | 63.6M | 63.6M | 51.2M | 80.0M |
| Capital Reserve | 551.0M | 590.0M | 617.0M | 107.0M | 107.0M | 84.0M | 165.0M | 6.0M | -- |
| Surplus Reserve | 51.9M | 43.9M | 34.4M | 25.8M | 22.6M | 14.7M | 7.6M | 8.2M | 4.1M |
| Retained Earnings | 428.0M | 418.0M | 367.0M | 243.0M | 168.0M | 109.0M | 60.5M | 73.9M | 36.8M |
| Minority Equity | -4.8M | 729,700 | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.1B | 1.1B | 427.0M | 349.0M | 271.0M | 297.0M | 139.0M | 121.0M |
| Total Equity | 1.1B | 1.1B | 1.1B | 427.0M | 349.0M | 271.0M | 297.0M | 139.0M | 121.0M |
| 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 | 920.0M | 827.0M | 663.0M | 574.0M | 414.0M | 331.0M | 252.0M | 214.0M | 150.0M |
| Tax Refunds Received | 1.4M | -- | 3.8M | 808,200 | 716,000 | 595,800 | -- | -- | -- |
| Total Operating Cash Inflow | 939.0M | 838.0M | 668.0M | 576.0M | 417.0M | 337.0M | 256.0M | 218.0M | 151.0M |
| Cash Paid For Goods | 589.0M | 491.0M | 484.0M | 362.0M | 173.0M | 165.0M | 148.0M | 121.0M | 82.9M |
| Cash Paid To Employees | 106.0M | 88.2M | 74.4M | 63.7M | 47.5M | 53.1M | 47.0M | 34.1M | 31.9M |
| Taxes Paid | 16.3M | 28.8M | 47.2M | 22.4M | 34.3M | 24.2M | 48.0M | 35.4M | 12.7M |
| Total Operating Cash Outflow | 757.0M | 645.0M | 642.0M | 475.0M | 272.0M | 257.0M | 255.0M | 201.0M | 137.0M |
| Operating Cash Flow | 182.0M | 193.0M | 26.2M | 101.0M | 145.0M | 79.4M | 1.3M | 16.7M | 14.2M |
| Total Investing Cash Inflow | 1.6B | 1.3B | 418.0M | 762,100 | 220,700 | 588,500 | 60,000 | 705,800 | 27.8M |
| Total Investing Cash Outflow | 1.5B | 1.8B | 629.0M | 6.0M | 4.5M | 5.3M | 12.8M | 9.5M | 29.4M |
| Investing Cash Flow | 120.0M | -450.0M | -211.0M | -5.2M | -4.2M | -4.8M | -12.7M | -8.8M | -1.5M |
| Cash From Borrowings | 25.0M | -- | -- | -- | -- | -- | 30.0M | 44.3M | 12.3M |
| Dividends And Interest Paid | 48.2M | 34.4M | 25.8M | 25.8M | 23.6M | 19.3M | 1.1M | 1.3M | 190,100 |
| Debt Repayments | -- | -- | -- | -- | -- | 20.0M | 49.4M | 8.5M | 3.7M |
| Total Financing Cash Inflow | 25.0M | 2.0M | 551.0M | -- | 10.4M | -- | 111.0M | 51.6M | 14.3M |
| Total Financing Cash Outflow | 103.0M | 39.2M | 49.0M | 31.3M | 114.0M | 43.5M | 52.5M | 53.9M | 16.8M |
| Financing Cash Flow | -78.5M | -37.2M | 502.0M | -31.3M | -103.0M | -43.5M | 58.8M | -2.3M | -2.5M |
| Net Change In Cash | 227.0M | -289.0M | 326.0M | 62.4M | 36.1M | 31.1M | 47.4M | 5.5M | 10.3M |
| Ending Cash Balance | 459.0M | 232.0M | 520.0M | 194.0M | 132.0M | 95.6M | 64.5M | 17.1M | 11.6M |
| Capex | 362.0M | 62.5M | 26.4M | 6.0M | 4.5M | 5.3M | 12.8M | 9.5M | 10.6M |