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 | 955.0M | 908.0M | 942.0M | 878.0M | 708.0M |
| Revenue Growth % | 5.2% | -3.6% | 7.3% | 24.0% | -- |
| Total Revenue | 955.0M | 908.0M | 942.0M | 878.0M | 708.0M |
| Cost Of Revenue | 708.0M | 633.0M | 666.0M | 563.0M | 445.0M |
| Gross Profit | 247.0M | 275.0M | 276.0M | 315.0M | 263.0M |
| Gross Margin % | 25.9% | 30.3% | 29.3% | 35.9% | 37.1% |
| Total Operating Cost | 797.0M | 708.0M | 733.0M | 621.0M | 495.0M |
| Selling Expenses | 5.9M | 5.8M | 3.8M | 2.4M | 2.5M |
| Admin Expenses | 33.3M | 33.7M | 30.3M | 18.7M | 14.8M |
| Rd Expenses | 47.0M | 33.4M | 35.5M | 27.4M | 21.7M |
| Finance Expenses | -7.7M | -6.7M | -13.2M | 2.3M | 2.9M |
| Operating Income | 162.0M | 208.0M | 216.0M | 257.0M | 215.0M |
| Operating Margin % | 17.0% | 22.9% | 22.9% | 29.3% | 30.4% |
| Non Operating Income | 1.5M | 6.0M | -- | -- | -- |
| Non Operating Expenses | 151,200 | 476,800 | 661,500 | 1.0M | 88,000 |
| Investment Income | -1.8M | -4.3M | 2.0M | -157,200 | 408,500 |
| Fair Value Change Income | -- | -- | 1.4M | -- | -- |
| Asset Disposal Income | -391,500 | 200,000 | 69,200 | -335,900 | 3,800 |
| Asset Impairment Loss | 1.6M | 3.2M | 4.3M | -331,300 | 1.8M |
| Other Income | 6.8M | 12.1M | 3.7M | 771,100 | 1.0M |
| Income Before Tax | 164.0M | 213.0M | 215.0M | 256.0M | 215.0M |
| Income Tax | 21.9M | 36.8M | 31.0M | 40.3M | 34.6M |
| Net Income | 142.0M | 177.0M | 184.0M | 216.0M | 180.0M |
| Net Margin % | 14.9% | 19.5% | 19.5% | 24.6% | 25.4% |
| Net Income Attributable | 142.0M | 177.0M | 183.0M | 187.0M | 154.0M |
| Minority Interest | -- | -- | 1.0M | 28.6M | 26.1M |
| Eps Basic | 0.39 | 0.49 | 0.51 | -- | -- |
| Eps Diluted | 0.39 | 0.49 | 0.51 | -- | -- |
| 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 | 224.0M | 223.0M | 162.0M | 237.0M | 76.8M |
| Trading Financial Assets | -- | -- | 1.4M | 27.0M | 13.5M |
| Accounts Receivable | 257.0M | 197.0M | 186.0M | 206.0M | 191.0M |
| Notes Receivable | 14.9M | 9.0M | 25.5M | 28.4M | 42.2M |
| Notes And Accounts Receivable | 272.0M | 206.0M | 212.0M | 234.0M | 233.0M |
| Prepayments | 6.4M | 6.3M | 5.9M | 10.0M | 22.9M |
| Inventory | 136.0M | 90.2M | 126.0M | 110.0M | 97.7M |
| Total Current Assets | 804.0M | 708.0M | 666.0M | 704.0M | 551.0M |
| Fixed Assets | 535.0M | 370.0M | 327.0M | -- | 227.0M |
| Fixed Assets Total | 535.0M | 370.0M | 327.0M | 249.0M | 227.0M |
| Construction In Progress | 171.0M | 99.1M | 74.1M | -- | 8.7M |
| Construction In Progress Total | 176.0M | 134.0M | 74.1M | 9.0M | 8.7M |
| Intangible Assets | 133.0M | 134.0M | 137.0M | 56.2M | 22.8M |
| Long Term Deferred Expenses | 2.8M | 1.7M | 605,800 | 650,100 | 619,700 |
| Total Non Current Assets | 875.0M | 706.0M | 591.0M | 359.0M | 282.0M |
| Total Assets | 1.7B | 1.4B | 1.3B | 1.1B | 834.0M |
| Short Term Borrowings | 100.0M | 80.1M | 46.3M | 40.0M | 14.9M |
| Accounts Payable | 110.0M | 90.2M | 102.0M | 94.1M | 78.8M |
| Contract Liabilities | 7.3M | 7.9M | 6.0M | 3.0M | 2.3M |
| Total Current Liabilities | 377.0M | 313.0M | 348.0M | 337.0M | 302.0M |
| Long Term Borrowings | 72.6M | 24.4M | 25.6M | -- | -- |
| Total Non Current Liabilities | 123.0M | 75.5M | 72.6M | 29.1M | 19.9M |
| Total Liabilities | 501.0M | 388.0M | 420.0M | 367.0M | 322.0M |
| Paid In Capital | 360.0M | 360.0M | 360.0M | 3.0M | 3.0M |
| Capital Reserve | 188.0M | 177.0M | 164.0M | 74.3M | 20.0M |
| Surplus Reserve | 4.9M | 3.3M | 1.2M | 1.5M | 1.5M |
| Retained Earnings | 625.0M | 485.0M | 311.0M | 578.0M | 402.0M |
| Minority Equity | -- | -- | -- | 40.0M | 85.2M |
| Equity Attributable | 1.2B | 1.0B | 836.0M | 657.0M | 427.0M |
| Total Equity | 1.2B | 1.0B | 836.0M | 697.0M | 512.0M |
| 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 | 810.0M | 816.0M | 705.0M | 776.0M | 419.0M |
| Tax Refunds Received | 253,100 | 15.0M | 402,500 | 3.9M | -- |
| Total Operating Cash Inflow | 820.0M | 859.0M | 729.0M | 783.0M | 420.0M |
| Cash Paid For Goods | 493.0M | 476.0M | 416.0M | 334.0M | 183.0M |
| Cash Paid To Employees | 194.0M | 156.0M | 136.0M | 112.0M | 87.6M |
| Taxes Paid | 37.0M | 79.2M | 62.6M | 97.0M | 35.7M |
| Total Operating Cash Outflow | 756.0M | 736.0M | 649.0M | 563.0M | 323.0M |
| Operating Cash Flow | 63.3M | 123.0M | 80.9M | 220.0M | 97.7M |
| Total Investing Cash Inflow | 3.3M | 164.0M | 834.0M | 638.0M | 328.0M |
| Total Investing Cash Outflow | 149.0M | 256.0M | 1.0B | 717.0M | 385.0M |
| Investing Cash Flow | -146.0M | -92.7M | -170.0M | -78.8M | -57.1M |
| Cash From Borrowings | 172.0M | 122.0M | 328.0M | 137.0M | 69.9M |
| Dividends And Interest Paid | 3.9M | 2.7M | 352.0M | 3.4M | 1.7M |
| Debt Repayments | 80.0M | 68.0M | 245.0M | 112.0M | 81.0M |
| Total Financing Cash Inflow | 172.0M | 122.0M | 670.0M | 138.0M | 69.9M |
| Total Financing Cash Outflow | 86.7M | 75.5M | 645.0M | 150.0M | 83.7M |
| Financing Cash Flow | 85.3M | 46.4M | 25.5M | -12.9M | -13.8M |
| Net Change In Cash | 5.2M | 80.1M | -52.1M | 126.0M | 25.5M |
| Ending Cash Balance | 199.0M | 194.0M | 114.0M | 166.0M | 39.8M |
| Capex | 149.0M | 93.5M | 217.0M | 65.0M | 42.7M |