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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 562.0M | 673.0M | 492.0M | 443.0M | 414.0M | 431.0M | 376.0M | 367.0M | 382.0M | 380.0M | 376.0M | 328.0M | 277.0M |
| Revenue Growth % | -16.5% | 36.8% | 11.1% | 7.0% | -3.9% | 14.6% | 2.5% | -3.9% | 0.5% | 1.1% | 14.6% | 18.4% | -- |
| Total Revenue | 562.0M | 673.0M | 492.0M | 443.0M | 414.0M | 431.0M | 376.0M | 367.0M | 382.0M | 380.0M | 376.0M | 328.0M | 277.0M |
| Cost Of Revenue | 389.0M | 484.0M | 292.0M | 235.0M | 216.0M | 223.0M | 183.0M | 155.0M | 162.0M | 162.0M | 159.0M | 139.0M | 118.0M |
| Gross Profit | 173.0M | 189.0M | 200.0M | 208.0M | 198.0M | 208.0M | 193.0M | 212.0M | 220.0M | 218.0M | 217.0M | 189.0M | 159.0M |
| Gross Margin % | 30.8% | 28.1% | 40.7% | 47.0% | 47.8% | 48.3% | 51.3% | 57.8% | 57.6% | 57.4% | 57.7% | 57.6% | 57.4% |
| Total Operating Cost | 661.0M | 710.0M | 566.0M | 429.0M | 377.0M | 384.0M | 323.0M | 298.0M | 307.0M | 307.0M | 303.0M | 265.0M | 229.0M |
| Selling Expenses | 140.0M | 122.0M | 138.0M | 138.0M | 116.0M | 123.0M | 105.0M | 108.0M | 115.0M | 112.0M | 112.0M | 95.3M | 84.1M |
| Admin Expenses | 56.0M | 45.2M | 35.1M | 30.8M | 26.0M | 23.8M | 21.1M | 21.2M | 21.4M | 21.4M | 20.5M | 18.8M | 17.9M |
| Rd Expenses | 8.3M | 11.0M | 12.3M | 10.1M | 10.4M | 8.2M | 6.5M | 6.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 32.4M | 18.3M | 7.8M | 3.1M | -2.2M | -1.5M | -744,300 | -523,200 | 2.3M | 2.0M | 2.3M | 2.9M | 3.7M |
| Operating Income | -123.0M | -61.8M | -75.7M | 38.7M | 43.2M | 56.7M | 65.1M | 73.8M | 74.8M | 73.3M | 73.6M | 64.8M | 47.4M |
| Operating Margin % | -21.9% | -9.2% | -15.4% | 8.7% | 10.4% | 13.1% | 17.3% | 20.1% | 19.6% | 19.3% | 19.6% | 19.8% | 17.1% |
| Non Operating Income | 3.6M | 4.8M | 71,600 | 69,000 | 1.8M | 91,800 | 3.6M | 210,500 | 2.1M | 405,700 | 448,800 | 1.2M | 259,100 |
| Non Operating Expenses | 2.2M | 980,400 | 7.1M | 215,000 | 1.4M | 899,800 | 348,700 | 635,000 | 3,600 | 315,400 | 36,500 | 169,900 | -- |
| Investment Income | -31.1M | -28.6M | -7.0M | 13.9M | 4.9M | 9.2M | 11.4M | 3.8M | 108,900 | 457,400 | 517,000 | 1.4M | -- |
| Fair Value Change Income | -86,100 | -101,100 | 4.5M | 9.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 161,800 | 95,200 | -20,000 | -- | -33,800 | 15,700 | 2,000 | 2,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 16.1M | 20.7M | 66.9M | 5.5M | 4.3M | 4.4M | 2.3M | -65,100 | 161,900 | 5.0M | 3.6M | 3.9M | 1.7M |
| Other Income | 7.2M | 3.7M | 1.0M | 1.9M | 1.7M | 417,900 | 1.3M | 432,500 | -- | -- | -- | -- | -- |
| Income Before Tax | -122.0M | -57.9M | -82.7M | 38.6M | 43.5M | 55.9M | 68.3M | 73.3M | 76.9M | 73.4M | 74.0M | 65.8M | 47.7M |
| Income Tax | -9.5M | -7.2M | -6.0M | 5.6M | 7.1M | 9.8M | 10.5M | 10.2M | 11.7M | 11.2M | 11.2M | 10.0M | 7.3M |
| Net Income | -112.0M | -50.8M | -76.8M | 33.0M | 36.5M | 46.1M | 57.8M | 63.2M | 65.2M | 62.2M | 62.7M | 55.8M | 40.4M |
| Net Margin % | -19.9% | -7.5% | -15.6% | 7.4% | 8.8% | 10.7% | 15.4% | 17.2% | 17.1% | 16.4% | 16.7% | 17.0% | 14.6% |
| Net Income Attributable | -89.6M | -26.2M | -63.1M | 36.5M | 34.1M | 42.8M | 55.6M | 63.0M | 65.2M | 62.2M | 62.7M | 55.8M | 40.4M |
| Minority Interest | -22.4M | -24.6M | -13.7M | -3.5M | 2.3M | 3.3M | 2.1M | 163,300 | -- | -- | -- | -- | -- |
| Eps Basic | -0.90 | -0.26 | -0.63 | 0.37 | 0.34 | 0.43 | 0.56 | 0.69 | 0.87 | 0.83 | 0.84 | 0.77 | 0.61 |
| Eps Diluted | -0.90 | -0.26 | -0.63 | 0.37 | 0.34 | 0.43 | 0.56 | 0.69 | 0.87 | 0.83 | 0.84 | 0.77 | 0.61 |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 97.6M | 164.0M | 226.0M | 204.0M | 195.0M | 296.0M | 220.0M | 233.0M | 162.0M | 67.0M | 54.9M | 47.0M | 45.4M |
| Trading Financial Assets | 359,200 | 3.0M | 4.5M | 119.0M | 55.5M | 192.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 214.0M | 244.0M | 160.0M | 146.0M | 146.0M | 172.0M | 247.0M | 247.0M | 234.0M | 250.0M | 201.0M | 141.0M | 86.6M |
| Notes Receivable | 14.3M | 23.7M | 25.9M | 27.3M | 23.0M | 35.0M | 35.5M | 53.7M | 50.9M | 23.7M | 16.6M | 18.4M | 13.0M |
| Notes And Accounts Receivable | 229.0M | 268.0M | 186.0M | 173.0M | 169.0M | 207.0M | 282.0M | 301.0M | 285.0M | 274.0M | 217.0M | 159.0M | 99.6M |
| Prepayments | 41.5M | 44.4M | 18.6M | 2.9M | 3.3M | 4.3M | 10.8M | 2.6M | 4.3M | 1.6M | 479,100 | 867,900 | 497,400 |
| Inventory | 195.0M | 199.0M | 123.0M | 120.0M | 97.0M | 98.5M | 101.0M | 79.7M | 59.7M | 59.6M | 61.6M | 60.8M | 82.3M |
| Total Current Assets | 599.0M | 708.0M | 581.0M | 667.0M | 540.0M | 819.0M | 911.0M | 877.0M | 517.0M | 438.0M | 370.0M | 315.0M | 232.0M |
| Long Term Equity Investment | 9.1M | 45.1M | 73.4M | 129.0M | 78.5M | 29.1M | 9.8M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 918.0M | 203.0M | 117.0M | 68.9M | 64.6M | 68.3M | 57.3M | 55.7M | 59.5M | 63.6M | 64.0M | 36.2M |
| Fixed Assets Total | 951.0M | 918.0M | 203.0M | 117.0M | 68.9M | 64.6M | 68.3M | 57.3M | 55.7M | 59.5M | 63.6M | 64.0M | 36.2M |
| Construction In Progress | -- | 61.6M | 745.0M | 711.0M | 403.0M | 76.6M | 2.6M | 3.4M | 943,500 | 607,200 | 510,100 | 504,600 | 1.3M |
| Construction In Progress Total | 23.9M | 61.6M | 745.0M | 711.0M | 403.0M | 76.6M | 2.6M | 3.4M | 943,500 | 607,200 | 510,100 | 504,600 | 1.3M |
| Intangible Assets | 99.3M | 103.0M | 113.0M | 122.0M | 126.0M | 59.8M | 62.6M | 65.5M | 53.9M | 56.4M | 27.7M | 29.7M | 31.7M |
| Long Term Deferred Expenses | 5.9M | 5.1M | 1.8M | 3.2M | 1.3M | 171,700 | 60,000 | 90,000 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 1.3B | 1.2B | 1.2B | 771.0M | 311.0M | 199.0M | 155.0M | 138.0M | 140.0M | 138.0M | 135.0M | 83.4M |
| Total Assets | 1.9B | 2.1B | 1.8B | 1.9B | 1.3B | 1.1B | 1.1B | 1.0B | 655.0M | 578.0M | 508.0M | 450.0M | 316.0M |
| Short Term Borrowings | 188.0M | 201.0M | 83.8M | 18.6M | 14.5M | 16.0M | -- | 5.0M | 34.0M | 34.6M | 28.0M | 28.5M | 45.0M |
| Accounts Payable | 230.0M | 259.0M | 156.0M | 169.0M | 104.0M | 47.8M | 52.6M | 46.5M | 50.8M | 53.9M | 50.7M | 42.5M | 36.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.8M | 4.1M | 3.1M | 3.7M | 4.4M | 1.5M | 3.3M | 4.0M |
| Contract Liabilities | 6.2M | 5.7M | 8.0M | 13.4M | 4.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 598.0M | 707.0M | 362.0M | 318.0M | 184.0M | 106.0M | 121.0M | 103.0M | 129.0M | 118.0M | 110.0M | 108.0M | 104.0M |
| Long Term Borrowings | 332.0M | 282.0M | 386.0M | 393.0M | 27.9M | -- | -- | 1.9M | -- | -- | -- | 7.4M | -- |
| Total Non Current Liabilities | 383.0M | 325.0M | 434.0M | 427.0M | 54.4M | 8.3M | 10.2M | 16.3M | 2.8M | 2.5M | 2.7M | 9.4M | 1.3M |
| Total Liabilities | 981.0M | 1.0B | 796.0M | 745.0M | 238.0M | 114.0M | 131.0M | 120.0M | 132.0M | 121.0M | 112.0M | 117.0M | 105.0M |
| Paid In Capital | 99.9M | 99.9M | 99.9M | 99.9M | 99.9M | 99.9M | 99.9M | 99.9M | 74.9M | 74.9M | 74.9M | 74.9M | 66.7M |
| Capital Reserve | 412.0M | 412.0M | 412.0M | 412.0M | 412.0M | 412.0M | 412.0M | 412.0M | 112.0M | 112.0M | 112.0M | 112.0M | 53.9M |
| Surplus Reserve | 56.2M | 56.2M | 56.2M | 56.2M | 52.3M | 49.0M | 45.2M | 39.9M | 33.6M | 27.1M | 20.8M | 14.6M | 9.0M |
| Retained Earnings | 278.0M | 367.0M | 394.0M | 464.0M | 439.0M | 416.0M | 389.0M | 359.0M | 302.0M | 244.0M | 188.0M | 131.0M | 80.9M |
| Minority Equity | 49.6M | 70.7M | 52.2M | 68.3M | 65.2M | 38.6M | 32.8M | 1.3M | -- | -- | -- | -- | -- |
| Equity Attributable | 857.0M | 949.0M | 974.0M | 1.0B | 1.0B | 978.0M | 946.0M | 911.0M | 523.0M | 458.0M | 395.0M | 333.0M | 210.0M |
| Total Equity | 907.0M | 1.0B | 1.0B | 1.1B | 1.1B | 1.0B | 979.0M | 912.0M | 523.0M | 458.0M | 395.0M | 333.0M | 210.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 579.0M | 600.0M | 492.0M | 455.0M | 462.0M | 508.0M | 431.0M | 363.0M | 382.0M | 334.0M | 321.0M | 284.0M | 268.0M |
| Tax Refunds Received | 5,200 | 1.2M | 25.4M | 108,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 614.0M | 620.0M | 548.0M | 471.0M | 512.0M | 519.0M | 438.0M | 369.0M | 385.0M | 335.0M | 322.0M | 285.0M | 268.0M |
| Cash Paid For Goods | 315.0M | 463.0M | 288.0M | 247.0M | 199.0M | 210.0M | 170.0M | 129.0M | 127.0M | 113.0M | 107.0M | 83.0M | 104.0M |
| Cash Paid To Employees | 83.8M | 75.9M | 69.8M | 72.6M | 45.9M | 50.7M | 52.9M | 47.9M | 44.5M | 40.2M | 39.3M | 33.4M | 27.5M |
| Taxes Paid | 42.6M | 32.9M | 13.3M | 18.1M | 31.6M | 57.4M | 63.6M | 58.8M | 47.3M | 57.6M | 57.5M | 50.1M | 45.9M |
| Total Operating Cash Outflow | 577.0M | 692.0M | 498.0M | 463.0M | 418.0M | 412.0M | 376.0M | 326.0M | 313.0M | 306.0M | 299.0M | 246.0M | 252.0M |
| Operating Cash Flow | 37.3M | -72.1M | 50.4M | 7.4M | 93.7M | 108.0M | 62.6M | 43.6M | 71.7M | 28.5M | 22.7M | 39.4M | 16.1M |
| Total Investing Cash Inflow | 63.2M | 105.0M | 404.0M | 397.0M | 452.0M | 621.0M | 1.0B | 152.0M | 60.6M | 146.0M | 4.6B | 896.0M | 1.3M |
| Total Investing Cash Outflow | 79.7M | 151.0M | 448.0M | 776.0M | 650.0M | 684.0M | 1.1B | 413.0M | 34.8M | 158.0M | 4.7B | 988.0M | 11.2M |
| Investing Cash Flow | -16.5M | -46.0M | -43.4M | -379.0M | -198.0M | -63.2M | -47.7M | -261.0M | 25.8M | -12.0M | -11.8M | -92.0M | -9.9M |
| Cash From Borrowings | 331.0M | 323.0M | 201.0M | 477.0M | 58.4M | 22.0M | -- | 2.0M | 44.0M | 34.6M | 28.0M | 36.5M | 45.0M |
| Dividends And Interest Paid | 28.9M | 33.9M | 32.3M | 35.8M | 10.0M | 11.7M | 21.2M | 4.3M | 1.8M | 2.1M | 2.5M | 2.9M | 3.2M |
| Debt Repayments | 372.0M | 229.0M | 169.0M | 62.6M | 16.9M | 7.8M | 5.1M | 37.0M | 44.6M | 35.4M | 28.9M | 45.2M | 44.8M |
| Total Financing Cash Inflow | 348.0M | 326.0M | 246.0M | 485.0M | 64.8M | 26.1M | 7.4M | 342.0M | 44.0M | 34.6M | 28.5M | 102.0M | 45.2M |
| Total Financing Cash Outflow | 414.0M | 271.0M | 239.0M | 106.0M | 41.5M | 24.9M | 35.1M | 53.4M | 46.9M | 39.0M | 31.5M | 48.2M | 48.8M |
| Financing Cash Flow | -66.0M | 54.6M | 7.6M | 378.0M | 23.3M | 1.2M | -27.7M | 288.0M | -2.9M | -4.4M | -3.0M | 54.3M | -3.6M |
| Net Change In Cash | -45.2M | -63.5M | 14.6M | 6.7M | -80.8M | 45.5M | -12.7M | 71.4M | 94.6M | 12.0M | 7.9M | 1.6M | 2.7M |
| Ending Cash Balance | 97.6M | 143.0M | 206.0M | 192.0M | 185.0M | 266.0M | 220.0M | 233.0M | 162.0M | 67.0M | 54.9M | 47.0M | 45.4M |
| Capex | 46.7M | 72.4M | 138.0M | 290.0M | 263.0M | 81.4M | 5.6M | 3.6M | 4.8M | 12.6M | 19.3M | 50.8M | 11.2M |