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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 801.0M | 975.0M | 916.0M | 484.0M | 418.0M | 318.0M | 270.0M | 75.5M | 122.0M | 130.0M |
| Revenue Growth % | -17.8% | 6.4% | 89.3% | 15.8% | 31.4% | 17.8% | 257.5% | -38.1% | -6.2% | -- |
| Total Revenue | 801.0M | 975.0M | 916.0M | 484.0M | 418.0M | 318.0M | 270.0M | 75.5M | 122.0M | 130.0M |
| Cost Of Revenue | 527.0M | 661.0M | 591.0M | 296.0M | 247.0M | 183.0M | 160.0M | 41.8M | 79.7M | 82.5M |
| Gross Profit | 274.0M | 314.0M | 325.0M | 188.0M | 171.0M | 135.0M | 110.0M | 33.8M | 42.3M | 47.5M |
| Gross Margin % | 34.2% | 32.2% | 35.5% | 38.8% | 40.9% | 42.5% | 40.7% | 44.7% | 34.7% | 36.6% |
| Total Operating Cost | 719.0M | 815.0M | 745.0M | 391.0M | 336.0M | 260.0M | 252.0M | 64.8M | 106.0M | 110.0M |
| Selling Expenses | 27.4M | 31.0M | 48.0M | 27.8M | 23.0M | 25.7M | 22.2M | 8.5M | 8.3M | 11.3M |
| Admin Expenses | 57.6M | 55.9M | 46.3M | 42.8M | 38.7M | 25.7M | 47.4M | 14.8M | 16.7M | 14.9M |
| Rd Expenses | 42.6M | 46.6M | 41.1M | 24.1M | 21.3M | 15.4M | 11.9M | -- | -- | -- |
| Finance Expenses | -6.7M | -10.5M | -1.9M | -228,600 | -122,100 | 522,800 | 1.1M | 595,600 | -8,200 | -67,200 |
| Operating Income | 116.0M | 183.0M | 187.0M | 107.0M | 101.0M | 73.7M | 29.7M | 10.8M | 16.0M | 20.2M |
| Operating Margin % | 14.5% | 18.8% | 20.4% | 22.1% | 24.2% | 23.2% | 11.0% | 14.3% | 13.1% | 15.6% |
| Non Operating Income | 147,600 | 214,000 | 99,600 | 25,600 | 2.0M | 300,900 | 120,900 | 1.3M | 645,300 | 915,300 |
| Non Operating Expenses | 1.5M | 181,000 | 476,600 | 1.0M | 2.4M | 103,400 | 324,400 | 360,000 | 413,600 | 373,900 |
| Investment Income | -744,100 | 3.4M | 854,600 | 2.9M | 397,800 | 1.0M | 867,900 | 20,700 | -- | -- |
| Fair Value Change Income | -73,700 | 273,700 | 17,300 | 339,700 | 990,800 | 780,800 | -- | -- | -- | -- |
| Asset Disposal Income | 8.3M | -785,400 | 39,500 | -- | -- | 32,600 | -1,500 | -- | -- | -- |
| Asset Impairment Loss | 14.4M | 11.4M | 14.4M | 6.0M | 1.8M | 1.2M | 7.6M | -2.1M | 379,200 | 650,300 |
| Other Income | 25.8M | 19.9M | 14.9M | 11.6M | 16.7M | 13.3M | 11.1M | -- | -- | -- |
| Income Before Tax | 114.0M | 183.0M | 187.0M | 106.0M | 100.0M | 73.9M | 29.5M | 11.7M | 16.2M | 20.8M |
| Income Tax | 13.8M | 21.8M | 21.1M | 13.7M | 18.1M | 10.0M | 7.4M | 1.0M | 2.7M | 2.8M |
| Net Income | 101.0M | 161.0M | 166.0M | 92.7M | 82.4M | 63.9M | 22.1M | 10.7M | 13.6M | 18.0M |
| Net Margin % | 12.6% | 16.5% | 18.1% | 19.2% | 19.7% | 20.1% | 8.2% | 14.1% | 11.1% | 13.9% |
| Net Income Attributable | 102.0M | 161.0M | 168.0M | 93.6M | 84.0M | 64.2M | 22.4M | 10.7M | 13.6M | 18.0M |
| Minority Interest | -1.5M | -421,100 | -1.7M | -866,600 | -1.7M | -294,500 | -301,800 | -- | -- | -- |
| Eps Basic | 0.76 | 1.29 | 1.67 | 0.93 | 0.84 | 0.64 | 0.22 | 0.36 | 2.25 | 4.29 |
| Eps Diluted | 0.76 | 1.29 | 1.67 | 0.93 | 0.84 | 0.64 | 0.22 | 0.36 | 2.25 | 4.29 |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 369.0M | 395.0M | 222.0M | 69.7M | 25.6M | 30.2M | 19.8M | 12.6M | 7.6M | 1.9M |
| Trading Financial Assets | 92.1M | 131.0M | 518,200 | 94.1M | 109.0M | 84.1M | -- | -- | -- | -- |
| Accounts Receivable | 217.0M | 216.0M | 135.0M | 68.3M | 72.6M | 94.2M | 99.3M | 52.8M | 62.0M | 46.5M |
| Notes Receivable | 61.1M | 32.9M | 131.0M | 94.5M | 63.4M | 31.8M | 75.7M | 19.1M | 7.2M | 14.8M |
| Notes And Accounts Receivable | 278.0M | 249.0M | 265.0M | 163.0M | 136.0M | 126.0M | 175.0M | 71.9M | 69.1M | 61.3M |
| Prepayments | 29.2M | 53.7M | 73.6M | 39.9M | 17.5M | 16.7M | 18.2M | 1.7M | 2.0M | 2.1M |
| Inventory | 1.1B | 1.2B | 983.0M | 598.0M | 390.0M | 346.0M | 291.0M | 41.2M | 30.8M | 53.9M |
| Total Current Assets | 2.1B | 2.3B | 1.8B | 1.1B | 778.0M | 673.0M | 599.0M | 133.0M | 110.0M | 121.0M |
| Long Term Equity Investment | -- | 5.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 209.0M | 202.0M | 114.0M | 51.9M | -- | -- | 21.8M | 23.7M | 7.4M |
| Fixed Assets Total | 292.0M | 209.0M | 202.0M | 114.0M | 51.9M | 47.6M | 44.6M | 21.8M | 23.7M | 7.4M |
| Construction In Progress | -- | 75.3M | 24.8M | 39.3M | 40.2M | -- | -- | 13,500 | -- | -- |
| Construction In Progress Total | 72.5M | 75.3M | 24.8M | 39.3M | 40.2M | 5.4M | 412,500 | 13,500 | -- | -- |
| Intangible Assets | 126.0M | 83.6M | 70.3M | 65.6M | 45.5M | 46.6M | 13.9M | 4.5M | 4.5M | 1.7M |
| Long Term Deferred Expenses | 4.2M | 4.8M | 3.3M | 2.5M | 918,100 | 354,400 | 567,100 | -- | 26,700 | -- |
| Total Non Current Assets | 545.0M | 452.0M | 333.0M | 250.0M | 176.0M | 114.0M | 72.4M | 27.7M | 29.9M | 10.0M |
| Total Assets | 2.7B | 2.7B | 2.1B | 1.3B | 955.0M | 788.0M | 671.0M | 161.0M | 140.0M | 131.0M |
| Short Term Borrowings | -- | -- | 16.9M | -- | -- | -- | 23.0M | 9.5M | 19.0M | -- |
| Accounts Payable | 85.1M | 103.0M | 88.8M | 63.2M | 41.0M | 41.5M | 38.5M | 13.1M | 8.0M | 26.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 426.0M | 333.0M | 37.0M | 23.5M | 59.9M |
| Contract Liabilities | 1.1B | 1.1B | 976.0M | 613.0M | 423.0M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.4B | 1.5B | 1.5B | 885.0M | 589.0M | 526.0M | 468.0M | 64.5M | 58.9M | 92.1M |
| Long Term Borrowings | -- | -- | -- | 17.8M | 18.2M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 24.3M | 55.3M | 51.4M | 53.9M | 53.1M | 9.8M | 8.1M | -- | -- | -- |
| Total Liabilities | 1.4B | 1.5B | 1.5B | 939.0M | 642.0M | 536.0M | 476.0M | 64.5M | 58.9M | 92.1M |
| Paid In Capital | 134.0M | 134.0M | 100.0M | 100.0M | 100.0M | 100.0M | 62.7M | 30.0M | 30.0M | 4.2M |
| Capital Reserve | 525.0M | 525.0M | 41.4M | 41.4M | 40.3M | 34.2M | 71.8M | 54.1M | 49.9M | -- |
| Surplus Reserve | 31.8M | 30.7M | 24.5M | 19.2M | 14.4M | 5.2M | 1.9M | 1.2M | 124,000 | 2.0M |
| Retained Earnings | 566.0M | 515.0M | 400.0M | 237.0M | 148.0M | 91.5M | 40.8M | 10.7M | 1.1M | 32.7M |
| Minority Equity | -857,600 | 595,300 | 668,600 | 1.7M | 1.5M | 14.3M | 14.3M | -- | -- | -- |
| Equity Attributable | 1.3B | 1.2B | 576.0M | 407.0M | 311.0M | 237.0M | 181.0M | 96.0M | 81.2M | 38.8M |
| Total Equity | 1.3B | 1.2B | 576.0M | 408.0M | 312.0M | 251.0M | 195.0M | 96.0M | 81.2M | 38.8M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 619.0M | 903.0M | 881.0M | 512.0M | 363.0M | 355.0M | 237.0M | 101.0M | 105.0M | 131.0M |
| Tax Refunds Received | 14.9M | 16.7M | 10.3M | 8.4M | 11.7M | 9.6M | 7.0M | -- | -- | -- |
| Total Operating Cash Inflow | 656.0M | 936.0M | 902.0M | 524.0M | 420.0M | 369.0M | 250.0M | 108.0M | 108.0M | 132.0M |
| Cash Paid For Goods | 254.0M | 630.0M | 533.0M | 262.0M | 151.0M | 138.0M | 104.0M | 49.2M | 79.1M | 90.3M |
| Cash Paid To Employees | 163.0M | 165.0M | 146.0M | 102.0M | 71.9M | 62.0M | 52.8M | 17.3M | 13.9M | 15.5M |
| Taxes Paid | 58.6M | 100.0M | 50.8M | 49.7M | 43.0M | 35.7M | 20.7M | 11.5M | 8.9M | 7.0M |
| Total Operating Cash Outflow | 536.0M | 947.0M | 786.0M | 449.0M | 308.0M | 262.0M | 198.0M | 92.6M | 130.0M | 132.0M |
| Operating Cash Flow | 120.0M | -11.5M | 117.0M | 74.9M | 111.0M | 106.0M | 51.3M | 15.6M | -22.0M | 89,100 |
| Total Investing Cash Inflow | 190.0M | 13.9M | 123.0M | 17.7M | 456,600 | 1.2M | 1.5M | 8.0M | -- | -- |
| Total Investing Cash Outflow | 267.0M | 265.0M | 123.0M | 71.8M | 115.0M | 64.8M | 132.0M | 12.9M | 1.1M | 115,600 |
| Investing Cash Flow | -77.7M | -251.0M | 833,300 | -54.0M | -114.0M | -63.5M | -131.0M | -4.8M | -1.1M | -115,600 |
| Cash From Borrowings | -- | 10.0M | 66.9M | 6.7M | 18.2M | -- | 23.0M | 28.5M | 44.1M | 18.5M |
| Dividends And Interest Paid | 49.5M | 40.3M | 538,700 | 1.0M | 22.1M | 8.8M | 457,600 | 722,400 | 4.4M | -- |
| Debt Repayments | -- | 26.9M | 74.9M | -- | -- | 23.0M | 8.0M | 38.0M | 25.1M | 18.5M |
| Total Financing Cash Inflow | -- | 551.0M | 67.7M | 7.7M | 21.4M | 350,000 | 98.0M | 32.7M | 58.2M | 18.5M |
| Total Financing Cash Outflow | 71.8M | 86.2M | 77.3M | 4.1M | 22.4M | 31.8M | 27.6M | 38.7M | 29.5M | 18.5M |
| Financing Cash Flow | -71.8M | 465.0M | -9.6M | 3.6M | -1.1M | -31.4M | 70.3M | -6.0M | 28.8M | -- |
| Net Change In Cash | -29.5M | 202.0M | 108.0M | 24.2M | -3.7M | 11.2M | -9.1M | 4.8M | 5.7M | 45,800 |
| Ending Cash Balance | 330.0M | 359.0M | 157.0M | 49.2M | 25.0M | 28.7M | 17.5M | 12.4M | 7.6M | 1.9M |
| Capex | 115.0M | 118.0M | 93.6M | 71.8M | 76.5M | 45.4M | 2.6M | 875,900 | 1.1M | 115,600 |