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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 644.0M | 823.0M | 986.0M | 1.1B | 748.0M | 704.0M | 538.0M | 393.0M | 292.0M | 309.0M | 330.0M | 368.0M |
| Revenue Growth % | -21.7% | -16.5% | -11.5% | 48.9% | 6.2% | 30.9% | 36.9% | 34.6% | -5.5% | -6.4% | -10.3% | -- |
| Total Revenue | 644.0M | 823.0M | 986.0M | 1.1B | 748.0M | 704.0M | 538.0M | 393.0M | 292.0M | 309.0M | 330.0M | 368.0M |
| Cost Of Revenue | 549.0M | 691.0M | 837.0M | 949.0M | 615.0M | 589.0M | 457.0M | 353.0M | 231.0M | 262.0M | 287.0M | 328.0M |
| Gross Profit | 95.0M | 132.0M | 149.0M | 165.0M | 133.0M | 115.0M | 81.0M | 40.0M | 61.0M | 47.0M | 43.0M | 40.0M |
| Gross Margin % | 14.8% | 16.0% | 15.1% | 14.8% | 17.8% | 16.3% | 15.1% | 10.2% | 20.9% | 15.2% | 13.0% | 10.9% |
| Total Operating Cost | 610.0M | 756.0M | 910.0M | 1.0B | 670.0M | 652.0M | 512.0M | 398.0M | 281.0M | 305.0M | 326.0M | 363.0M |
| Selling Expenses | 17.8M | 16.4M | 24.0M | 24.4M | 18.7M | 22.7M | 16.7M | 15.5M | 15.3M | 11.9M | 10.3M | 8.2M |
| Admin Expenses | 32.0M | 29.7M | 26.5M | 26.6M | 19.9M | 19.8M | 18.0M | 18.9M | 24.0M | 20.4M | 19.6M | 19.0M |
| Rd Expenses | 12.2M | 13.1M | 14.1M | 17.0M | 16.8M | 15.2M | 11.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -7.6M | -4.0M | -2.2M | -3.1M | -3.5M | -1.3M | -451,300 | 2.4M | 5.6M | 7.4M | 6.7M | 4.6M |
| Operating Income | 42.5M | 69.9M | 78.5M | 90.2M | 78.5M | 51.6M | 26.0M | 5.6M | 11.9M | 7.2M | 3.8M | 6.6M |
| Operating Margin % | 6.6% | 8.5% | 8.0% | 8.1% | 10.5% | 7.3% | 4.8% | 1.4% | 4.1% | 2.3% | 1.2% | 1.8% |
| Non Operating Income | 3.2M | 997,200 | 2.2M | 4.3M | 1.2M | 434,700 | 110,000 | 786,400 | 2.0M | 501,000 | 451,400 | 1.1M |
| Non Operating Expenses | 244,400 | 5,600 | 47,100 | 222,600 | 42,800 | 24,700 | 54,000 | 136,000 | 975,100 | 19,900 | 183,200 | 216,800 |
| Investment Income | 5.0M | -3.0M | 1.5M | 1.4M | 340,100 | 214,500 | 35,500 | 14,100 | 10,500 | 3.0M | 21,700 | 1.8M |
| Fair Value Change Income | -321,900 | 1.3M | 155,300 | -155,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | -- | -2,300 | 53,300 | 1,100 | -- | 10.3M | 924,100 | -- | -- | -- |
| Asset Impairment Loss | -1.6M | 508,600 | 442,100 | 2.3M | 249,900 | -61,800 | 5.8M | 4.5M | 1.9M | 926,100 | 434,500 | 1.7M |
| Other Income | 3.6M | 4.7M | 794,700 | 513,700 | 415,700 | 106,300 | 25,300 | -- | -- | -- | -- | -- |
| Income Before Tax | 45.5M | 70.9M | 80.7M | 94.3M | 79.7M | 52.0M | 26.1M | 6.2M | 12.9M | 7.7M | 4.1M | 7.4M |
| Income Tax | 6.5M | 10.5M | 9.6M | 12.9M | 11.2M | 9.8M | 7.2M | 1.2M | 2.1M | 5.1M | 2.7M | 2.8M |
| Net Income | 39.0M | 60.4M | 71.1M | 81.4M | 68.5M | 42.3M | 18.8M | 5.0M | 10.8M | 2.6M | 1.4M | 4.6M |
| Net Margin % | 6.0% | 7.3% | 7.2% | 7.3% | 9.2% | 6.0% | 3.5% | 1.3% | 3.7% | 0.8% | 0.4% | 1.2% |
| Net Income Attributable | 38.8M | 60.4M | 71.1M | 81.4M | 68.5M | 42.3M | 18.8M | 5.0M | 10.8M | 2.6M | 1.4M | 4.6M |
| Minority Interest | 148,900 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.18 | 0.36 | 0.44 | 0.51 | 0.43 | 0.26 | 0.12 | 0.03 | 1.04 | 0.26 | 0.14 | 0.46 |
| Eps Diluted | 0.18 | 0.36 | 0.44 | 0.51 | 0.43 | 0.26 | 0.12 | 0.03 | -- | 0.26 | 0.14 | 0.46 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 327.0M | 510.0M | 346.0M | 326.0M | 412.0M | 269.0M | 193.0M | 169.0M | 96.0M | 118.0M | 101.0M | 83.8M |
| Trading Financial Assets | 491.0M | 331.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 179.0M | 170.0M | 150.0M | 123.0M | 111.0M | 97.4M | 108.0M | 85.5M | 77.9M | 76.5M | 53.3M | 57.4M |
| Notes Receivable | 12.5M | 36.0M | 30.7M | 53.1M | 47.6M | 60.7M | 44.7M | 2.1M | 6.4M | 2.4M | -- | -- |
| Notes And Accounts Receivable | 191.0M | 206.0M | 181.0M | 176.0M | 159.0M | 158.0M | 152.0M | 87.6M | 84.3M | 78.9M | 53.3M | 57.4M |
| Prepayments | 5.7M | 6.3M | 15.6M | 26.5M | 32.1M | 22.1M | 15.1M | 8.1M | 3.3M | 10.3M | 10.8M | 10.9M |
| Inventory | 177.0M | 153.0M | 196.0M | 460.0M | 383.0M | 227.0M | 173.0M | 70.1M | 54.7M | 47.6M | 90.7M | 89.9M |
| Total Current Assets | 1.2B | 1.3B | 788.0M | 1.0B | 1.0B | 735.0M | 560.0M | 360.0M | 243.0M | 256.0M | 258.0M | 248.0M |
| Long Term Equity Investment | 1.7M | 5.1M | 6.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 72.8M | 92.9M | 75.1M | 68.2M | 70.1M | -- | -- | 148.0M | 159.0M | 129.0M | 135.0M |
| Fixed Assets Total | 85.5M | 72.8M | 92.9M | 75.1M | 68.2M | 70.1M | 78.1M | 79.1M | 148.0M | 159.0M | 129.0M | 135.0M |
| Construction In Progress | -- | 2.3M | 2.8M | 25.3M | 7.3M | 6.1M | -- | -- | -- | -- | 62.8M | 47.2M |
| Construction In Progress Total | 1.2M | 2.3M | 2.8M | 25.3M | 7.3M | 6.1M | 125,900 | 290,600 | -- | -- | 62.8M | 47.2M |
| Intangible Assets | 28.2M | 16.4M | 19.0M | 26.8M | 27.6M | 17.3M | 17.6M | 17.9M | 26.2M | 26.8M | 37.6M | 38.4M |
| Long Term Deferred Expenses | 9.3M | 11.4M | 7.6M | 6.9M | 5.1M | 2.7M | 3.1M | 1.9M | 3.4M | 4.6M | 6.3M | 3.7M |
| Total Non Current Assets | 190.0M | 176.0M | 187.0M | 158.0M | 131.0M | 123.0M | 131.0M | 133.0M | 211.0M | 225.0M | 272.0M | 259.0M |
| Total Assets | 1.4B | 1.4B | 976.0M | 1.2B | 1.1B | 858.0M | 691.0M | 493.0M | 454.0M | 481.0M | 530.0M | 507.0M |
| Short Term Borrowings | -- | -- | 5.0M | 10.0M | 10.0M | 30.0M | 30.0M | 47.8M | 79.8M | 131.0M | 133.0M | 107.0M |
| Accounts Payable | 201.0M | 174.0M | 146.0M | 154.0M | 164.0M | 112.0M | 95.2M | 81.3M | 77.5M | 74.9M | 93.3M | 104.0M |
| Advance Receipts | 289,700 | 314,500 | -- | -- | -- | 313.0M | 202.0M | 68.4M | 68.4M | 61.3M | 78.9M | 71.6M |
| Contract Liabilities | 77.2M | 69.3M | 156.0M | 431.0M | 475.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 542.0M | 561.0M | 618.0M | 903.0M | 922.0M | 655.0M | 510.0M | 317.0M | 289.0M | 327.0M | 382.0M | 360.0M |
| Total Non Current Liabilities | 5.8M | 10.0M | 12.3M | 12.9M | 7.7M | 4.0M | 1.7M | -- | -- | -- | -- | -- |
| Total Liabilities | 548.0M | 571.0M | 630.0M | 916.0M | 929.0M | 659.0M | 512.0M | 317.0M | 289.0M | 327.0M | 382.0M | 360.0M |
| Paid In Capital | 214.0M | 214.0M | 161.0M | 161.0M | 161.0M | 161.0M | 161.0M | 10.4M | 10.4M | 10.4M | 10.0M | 10.0M |
| Capital Reserve | 409.0M | 407.0M | 8.4M | 6.7M | 5.3M | 5.3M | 5.3M | 151.0M | 151.0M | 151.0M | -- | -- |
| Surplus Reserve | 38.9M | 35.1M | 29.1M | 21.7M | 13.5M | 6.7M | 2.4M | 1.7M | 657,400 | 218,200 | 5.5M | 5.5M |
| Retained Earnings | 207.0M | 201.0M | 147.0M | 80.1M | 38.7M | 24.9M | 9.1M | 12.5M | 2.9M | -7.4M | 133.0M | 131.0M |
| Minority Equity | 6.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 871.0M | 859.0M | 345.0M | 269.0M | 219.0M | 199.0M | 179.0M | 176.0M | 165.0M | 154.0M | 148.0M | 147.0M |
| Total Equity | 878.0M | 859.0M | 345.0M | 269.0M | 219.0M | 199.0M | 179.0M | 176.0M | 165.0M | 154.0M | 148.0M | 147.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 653.0M | 678.0M | 652.0M | 947.0M | 823.0M | 643.0M | 559.0M | 376.0M | 312.0M | 342.0M | 400.0M | 405.0M |
| Total Operating Cash Inflow | 881.0M | 823.0M | 853.0M | 1.3B | 1.0B | 775.0M | 769.0M | 380.0M | 316.0M | 347.0M | 416.0M | 407.0M |
| Cash Paid For Goods | 504.0M | 505.0M | 472.0M | 829.0M | 502.0M | 389.0M | 409.0M | 291.0M | 232.0M | 243.0M | 335.0M | 325.0M |
| Cash Paid To Employees | 74.7M | 72.2M | 72.5M | 74.6M | 59.8M | 53.3M | 45.7M | 32.0M | 28.6M | 21.2M | 22.2M | 22.3M |
| Taxes Paid | 30.6M | 40.8M | 38.8M | 40.0M | 45.1M | 35.3M | 16.8M | 19.3M | 20.1M | 29.3M | 20.6M | 22.6M |
| Total Operating Cash Outflow | 794.0M | 768.0M | 738.0M | 1.3B | 896.0M | 647.0M | 685.0M | 369.0M | 310.0M | 313.0M | 393.0M | 395.0M |
| Operating Cash Flow | 86.6M | 54.6M | 116.0M | 8.0M | 128.0M | 129.0M | 84.6M | 11.2M | 6.6M | 33.8M | 22.8M | 12.4M |
| Total Investing Cash Inflow | 1.2B | 155.0M | 65.9M | 85.3M | 39.9M | 32.5M | 29.4M | 36.3M | 30.3M | 3.5M | 4,334 | 333,200 |
| Total Investing Cash Outflow | 1.4B | 493.0M | 90.7M | 125.0M | 22.5M | 67.2M | 30.9M | 701,400 | 9.2M | 11.2M | 23.1M | 5.2M |
| Investing Cash Flow | -187.0M | -338.0M | -24.8M | -39.2M | 17.4M | -34.7M | -1.5M | 35.6M | 21.2M | -7.7M | -23.1M | -4.9M |
| Cash From Borrowings | -- | -- | 5.0M | 10.0M | 10.0M | 30.0M | 37.4M | 47.8M | 151.0M | 196.0M | 160.0M | 158.0M |
| Dividends And Interest Paid | 28.9M | 211,300 | 511,100 | 32.5M | 49.2M | 23.5M | 14.4M | 3.3M | 6.0M | 8.2M | 7.8M | 6.1M |
| Debt Repayments | -- | 5.0M | 10.0M | 10.0M | 30.0M | 30.0M | 55.2M | 79.8M | 202.0M | 198.0M | 135.0M | 149.0M |
| Total Financing Cash Inflow | 6.3M | 480.0M | 5.0M | 10.0M | 10.0M | 50.0M | 82.7M | 47.8M | 151.0M | 199.0M | 160.0M | 158.0M |
| Total Financing Cash Outflow | 40.3M | 17.7M | 10.5M | 42.5M | 81.2M | 77.5M | 115.0M | 83.1M | 208.0M | 206.0M | 143.0M | 155.0M |
| Financing Cash Flow | -34.0M | 462.0M | -5.5M | -32.5M | -71.2M | -27.5M | -32.7M | -35.3M | -57.0M | -6.8M | 17.4M | 3.2M |
| Net Change In Cash | -134.0M | 178.0M | 85.4M | -63.8M | 74.0M | 66.4M | 50.5M | 11.5M | -29.3M | 19.3M | 17.1M | 10.8M |
| Ending Cash Balance | 326.0M | 460.0M | 282.0M | 196.0M | 260.0M | 186.0M | 120.0M | 69.3M | 57.8M | 87.0M | 67.7M | 43.0M |
| Capex | 33.1M | 8.6M | 32.5M | 44.5M | 22.5M | 11.2M | 9.0M | 576,800 | 9.2M | 11.2M | 23.1M | 5.2M |