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 | 1.1B | 1.0B | 939.0M | 792.0M | 564.0M |
| Revenue Growth % | 6.7% | 9.7% | 18.6% | 40.4% | -- |
| Total Revenue | 1.1B | 1.0B | 939.0M | 792.0M | 564.0M |
| Cost Of Revenue | 821.0M | 762.0M | 679.0M | 617.0M | 418.0M |
| Gross Profit | 278.0M | 268.0M | 260.0M | 175.0M | 146.0M |
| Gross Margin % | 25.3% | 26.0% | 27.7% | 22.1% | 25.9% |
| Total Operating Cost | 1.0B | 957.0M | 851.0M | 733.0M | 505.0M |
| Selling Expenses | 20.5M | 16.6M | 13.7M | 11.2M | 10.8M |
| Admin Expenses | 109.0M | 103.0M | 87.6M | 55.0M | 35.2M |
| Rd Expenses | 58.7M | 59.7M | 46.5M | 36.2M | 30.4M |
| Finance Expenses | -5.0M | -2.0M | 12.7M | 4.5M | 4.0M |
| Operating Income | 91.5M | 83.6M | 96.9M | 64.4M | 67.6M |
| Operating Margin % | 8.3% | 8.1% | 10.3% | 8.1% | 12.0% |
| Non Operating Income | 334,700 | 127,600 | 626,400 | 191,800 | 381,400 |
| Non Operating Expenses | 1.1M | 1.6M | 2.2M | 3.0M | 815,200 |
| Investment Income | -378,000 | 2.3M | 707,900 | 2.4M | -- |
| Fair Value Change Income | 2.6M | -- | -- | -- | -- |
| Asset Disposal Income | 177,500 | -- | -48,200 | 21,500 | -- |
| Asset Impairment Loss | 2.7M | 3.7M | 2.2M | 590,400 | 288,700 |
| Other Income | 9.6M | 8.1M | 8.0M | 3.4M | 8.8M |
| Income Before Tax | 90.7M | 82.2M | 95.3M | 61.6M | 67.2M |
| Income Tax | 9.3M | 15.0M | 4.8M | 5.6M | 9.8M |
| Net Income | 81.4M | 67.2M | 90.5M | 56.0M | 57.4M |
| Net Margin % | 7.4% | 6.5% | 9.6% | 7.1% | 10.2% |
| Net Income Attributable | 98.6M | 105.0M | 106.0M | 56.5M | 58.2M |
| Minority Interest | -17.2M | -38.1M | -15.3M | -552,500 | -763,300 |
| Eps Basic | 0.26 | 0.27 | 0.31 | 0.22 | 0.31 |
| Eps Diluted | 0.26 | 0.27 | 0.31 | 0.22 | 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 | 440.0M | 845.0M | 999.0M | 293.0M | 551.0M |
| Trading Financial Assets | 170.0M | -- | -- | 90.0M | -- |
| Accounts Receivable | 383.0M | 366.0M | 310.0M | 310.0M | 184.0M |
| Notes Receivable | 10.0M | 9.3M | 10.1M | 10.8M | 13.9M |
| Notes And Accounts Receivable | 394.0M | 375.0M | 320.0M | 321.0M | 197.0M |
| Prepayments | 5.7M | 4.9M | 6.1M | 4.6M | 3.3M |
| Inventory | 87.5M | 75.6M | 68.2M | 50.3M | 30.5M |
| Total Current Assets | 1.2B | 1.3B | 1.5B | 774.0M | 804.0M |
| Fixed Assets | -- | 1.2B | 1.1B | 453.0M | 236.0M |
| Fixed Assets Total | 1.1B | 1.2B | 1.1B | 453.0M | 236.0M |
| Construction In Progress | -- | 40.2M | 149.0M | 803.0M | 716.0M |
| Construction In Progress Total | 222.0M | 50.7M | 157.0M | 813.0M | 742.0M |
| Intangible Assets | 83.2M | 85.7M | 85.6M | 83.5M | 84.3M |
| Long Term Deferred Expenses | 6.1M | 2.1M | 1.0M | 899,000 | -- |
| Total Non Current Assets | 1.5B | 1.4B | 1.4B | 1.5B | 1.2B |
| Total Assets | 2.6B | 2.7B | 2.9B | 2.2B | 2.0B |
| Short Term Borrowings | -- | 5.0M | 70.1M | 235.0M | 175.0M |
| Accounts Payable | 141.0M | 147.0M | 195.0M | 288.0M | 236.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 980,200 | 79,500 | 220,800 | 282,000 | 326,000 |
| Total Current Liabilities | 240.0M | 524.0M | 438.0M | 679.0M | 542.0M |
| Long Term Borrowings | 468.0M | 280.0M | 274.0M | 393.0M | 314.0M |
| Total Non Current Liabilities | 494.0M | 308.0M | 596.0M | 416.0M | 332.0M |
| Total Liabilities | 735.0M | 832.0M | 1.0B | 1.1B | 873.0M |
| Paid In Capital | 386.0M | 386.0M | 297.0M | 196.0M | 151.0M |
| Capital Reserve | 837.0M | 635.0M | 811.0M | 516.0M | 562.0M |
| Surplus Reserve | 93.4M | 79.4M | 64.1M | 49.8M | 42.4M |
| Retained Earnings | 576.0M | 536.0M | 467.0M | 393.0M | 362.0M |
| Minority Equity | -1.9M | 240.0M | 212.0M | -1.9M | -1.4M |
| Equity Attributable | 1.9B | 1.6B | 1.6B | 1.2B | 1.1B |
| Total Equity | 1.9B | 1.9B | 1.9B | 1.2B | 1.1B |
| 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 | 757.0M | 722.0M | 696.0M | 562.0M | 449.0M |
| Tax Refunds Received | -- | -- | -- | -- | 214,600 |
| Total Operating Cash Inflow | 835.0M | 787.0M | 840.0M | 790.0M | 502.0M |
| Cash Paid For Goods | 387.0M | 361.0M | 458.0M | 499.0M | 255.0M |
| Cash Paid To Employees | 116.0M | 105.0M | 89.7M | 64.2M | 45.4M |
| Taxes Paid | 73.5M | 68.3M | 69.6M | 36.6M | 28.4M |
| Total Operating Cash Outflow | 728.0M | 642.0M | 717.0M | 839.0M | 513.0M |
| Operating Cash Flow | 106.0M | 146.0M | 122.0M | -49.3M | -11.1M |
| Total Investing Cash Inflow | 966.0M | 563.0M | 189.0M | 344.0M | 5.4M |
| Total Investing Cash Outflow | 1.3B | 649.0M | 216.0M | 660.0M | 278.0M |
| Investing Cash Flow | -339.0M | -85.5M | -26.8M | -316.0M | -273.0M |
| Cash From Borrowings | 303.0M | 285.0M | 120.0M | 353.0M | 415.0M |
| Dividends And Interest Paid | 56.5M | 35.8M | 36.8M | 43.7M | 31.2M |
| Debt Repayments | 105.0M | 466.0M | 319.0M | 176.0M | 286.0M |
| Total Financing Cash Inflow | 303.0M | 285.0M | 1.0B | 353.0M | 716.0M |
| Total Financing Cash Outflow | 500.0M | 503.0M | 361.0M | 221.0M | 339.0M |
| Financing Cash Flow | -198.0M | -218.0M | 682.0M | 132.0M | 377.0M |
| Net Change In Cash | -431.0M | -157.0M | 777.0M | -233.0M | 92.6M |
| Ending Cash Balance | 394.0M | 826.0M | 983.0M | 205.0M | 438.0M |
| Capex | 175.0M | 98.6M | 216.0M | 230.0M | 277.0M |