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 | 586.0M | 688.0M | 677.0M | 561.0M | 766.0M | 796.0M | 583.0M | 252.0M | 192.0M | 155.0M | 121.0M | 120.0M | 82.6M |
| Revenue Growth % | -14.8% | 1.6% | 20.7% | -26.8% | -3.8% | 36.5% | 131.3% | 31.2% | 23.9% | 28.1% | 0.8% | 45.3% | -- |
| Total Revenue | 586.0M | 688.0M | 677.0M | 561.0M | 766.0M | 796.0M | 583.0M | 252.0M | 192.0M | 155.0M | 121.0M | 120.0M | 82.6M |
| Cost Of Revenue | 460.0M | 510.0M | 515.0M | 419.0M | 520.0M | 561.0M | 420.0M | 162.0M | 124.0M | 93.3M | 71.3M | 70.5M | 47.0M |
| Gross Profit | 126.0M | 178.0M | 162.0M | 142.0M | 246.0M | 235.0M | 163.0M | 90.0M | 68.0M | 61.7M | 49.7M | 49.5M | 35.6M |
| Gross Margin % | 21.5% | 25.9% | 23.9% | 25.3% | 32.1% | 29.5% | 28.0% | 35.7% | 35.4% | 39.8% | 41.1% | 41.2% | 43.1% |
| Total Operating Cost | 538.0M | 598.0M | 627.0M | 520.0M | 611.0M | 665.0M | 501.0M | 199.0M | 153.0M | 120.0M | 90.7M | 86.2M | 58.6M |
| Selling Expenses | 6.9M | 6.7M | 6.7M | 7.7M | 6.6M | 8.2M | 6.9M | 3.6M | 2.9M | 3.1M | 2.4M | 1.8M | 920,300 |
| Admin Expenses | 34.8M | 39.0M | 45.3M | 40.6M | 42.9M | 41.1M | 38.9M | 19.5M | 22.7M | 19.3M | 14.2M | 10.6M | 9.3M |
| Rd Expenses | 36.3M | 40.2M | 45.1M | 53.2M | 44.2M | 49.7M | 31.0M | 10.7M | -- | -- | -- | -- | -- |
| Finance Expenses | -3.2M | -4.5M | -4.0M | -6.1M | -6.9M | -99,600 | -1.7M | -2.9M | 626,600 | 1.8M | 388,200 | 1.2M | 344,300 |
| Operating Income | 56.2M | 94.0M | 54.9M | 47.4M | 160.0M | 137.0M | 86.3M | 55.4M | 39.3M | 35.1M | 29.9M | 34.0M | 24.8M |
| Operating Margin % | 9.6% | 13.7% | 8.1% | 8.4% | 20.9% | 17.2% | 14.8% | 22.0% | 20.5% | 22.6% | 24.7% | 28.3% | 30.0% |
| Non Operating Income | 6.8M | 8.8M | 17.1M | 6.7M | 3.6M | 4.0M | 4.9M | 3.8M | 3.2M | 1.5M | 2.5M | 2.5M | 1.5M |
| Non Operating Expenses | 34,300 | 129,300 | 181,400 | 329,100 | 430,000 | 498,400 | 25,800 | 75,600 | 3,900 | 310,600 | 44,600 | 191,800 | 11.00 |
| Investment Income | 3.6M | 550,100 | 665,400 | 136,100 | 230,300 | -132,200 | 113,800 | -176,500 | -34,200 | -1,212 | -- | 33.33 | 738,100 |
| Asset Disposal Income | 147,200 | 492,100 | 5,200 | 174,500 | 58,600 | -184,500 | 96,200 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 276,700 | -845,100 | 10.2M | -186,100 | 1.6M | -- | 2.0M | 2.5M | 331,700 | 1.3M | 1.3M | 947,200 | 234,500 |
| Other Income | 4.5M | 3.2M | 3.9M | 6.3M | 4.6M | 5.2M | 4.1M | 2.7M | -- | -- | -- | -- | -- |
| Income Before Tax | 62.9M | 103.0M | 71.8M | 53.7M | 163.0M | 140.0M | 91.2M | 59.1M | 42.5M | 36.2M | 32.4M | 36.3M | 26.3M |
| Income Tax | 8.2M | 10.2M | 4.3M | 2.1M | 20.8M | 16.2M | 13.2M | 8.6M | 6.7M | 5.6M | 4.1M | 1.7M | 3.8M |
| Net Income | 54.8M | 92.5M | 67.5M | 51.7M | 142.0M | 124.0M | 78.0M | 50.5M | 35.8M | 30.6M | 28.3M | 34.7M | 22.5M |
| Net Margin % | 9.3% | 13.4% | 10.0% | 9.2% | 18.5% | 15.6% | 13.4% | 20.0% | 18.6% | 19.8% | 23.4% | 28.9% | 27.2% |
| Net Income Attributable | 55.1M | 92.5M | 64.4M | 49.8M | 129.0M | 100.0M | 65.1M | 49.2M | 35.8M | 30.6M | 28.3M | 34.7M | 22.5M |
| Minority Interest | -302,800 | -1,600 | 3.1M | 1.9M | 13.2M | 23.8M | 12.9M | 1.3M | -- | -- | -- | -9,000 | -22,600 |
| Eps Basic | 0.21 | 0.35 | 0.25 | 0.19 | 0.51 | 0.41 | 0.37 | 0.39 | 0.46 | 0.51 | 0.47 | 0.58 | -- |
| Eps Diluted | 0.21 | 0.35 | 0.25 | 0.19 | 0.51 | 0.41 | 0.37 | 0.39 | 0.46 | 0.51 | 0.47 | 0.58 | -- |
| 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 | 395.0M | 325.0M | 245.0M | 330.0M | 501.0M | 462.0M | 171.0M | 296.0M | 57.6M | 47.2M | 64.2M | 63.4M | 16.0M |
| Accounts Receivable | 207.0M | 252.0M | 226.0M | 158.0M | 127.0M | 157.0M | 151.0M | 75.7M | 52.0M | 79.9M | 59.5M | 37.4M | 19.3M |
| Notes Receivable | 4.2M | -- | -- | -- | -- | -- | 13.5M | 14.5M | 24.5M | -- | 900,000 | -- | -- |
| Notes And Accounts Receivable | 211.0M | 252.0M | 226.0M | 158.0M | 127.0M | 157.0M | 165.0M | 90.2M | 76.5M | 79.9M | 60.4M | 37.4M | 19.3M |
| Prepayments | 1.3M | 5.2M | 12.8M | 18.3M | 8.4M | 10.3M | 15.6M | 10.9M | 9.6M | 7.9M | 6.1M | 1.7M | 4.5M |
| Inventory | 139.0M | 153.0M | 220.0M | 166.0M | 89.8M | 127.0M | 202.0M | 110.0M | 104.0M | 101.0M | 33.8M | 30.9M | 24.6M |
| Total Current Assets | 815.0M | 791.0M | 821.0M | 758.0M | 801.0M | 847.0M | 566.0M | 520.0M | 249.0M | 236.0M | 165.0M | 134.0M | 64.8M |
| Long Term Equity Investment | 55.9M | 29.1M | 13.1M | 12.6M | -- | 569,700 | 701,900 | 588,000 | 764,600 | 798,800 | -- | -- | 880,800 |
| Fixed Assets | -- | 239.0M | 248.0M | 224.0M | 161.0M | 166.0M | 159.0M | 94.4M | 32.0M | 35.4M | 38.2M | 40.9M | 37.9M |
| Fixed Assets Total | 235.0M | 239.0M | 248.0M | 224.0M | 161.0M | 166.0M | 159.0M | 94.4M | 32.0M | 35.4M | 38.2M | 40.9M | 37.9M |
| Construction In Progress | -- | 14.9M | 17.1M | 30.5M | 55.1M | 17.7M | 8.5M | 2.4M | 45.7M | 9.8M | -- | -- | 4.2M |
| Construction In Progress Total | 9.4M | 14.9M | 17.1M | 30.5M | 55.1M | 17.7M | 8.5M | 2.4M | 45.7M | 9.8M | -- | -- | 4.2M |
| Intangible Assets | 62.9M | 66.6M | 68.9M | 74.6M | 82.1M | 89.9M | 81.9M | 50.4M | 51.0M | 52.5M | 33.9M | 34.4M | 34.1M |
| Long Term Deferred Expenses | 2.2M | 1.1M | 1.5M | 1.1M | 1.1M | 793,100 | 424,600 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 484.0M | 466.0M | 468.0M | 468.0M | 423.0M | 399.0M | 375.0M | 149.0M | 132.0M | 102.0M | 78.1M | 79.4M | 77.4M |
| Total Assets | 1.3B | 1.3B | 1.3B | 1.2B | 1.2B | 1.2B | 941.0M | 669.0M | 381.0M | 338.0M | 243.0M | 213.0M | 142.0M |
| Short Term Borrowings | 7.0M | -- | 35.0M | 30.0M | 15.3M | 11.8M | 59.9M | 30.0M | 20.0M | 40.0M | 35.0M | 30.0M | 15.0M |
| Accounts Payable | 93.7M | 75.3M | 124.0M | 123.0M | 128.0M | 160.0M | 126.0M | 32.4M | 22.1M | 16.8M | 11.5M | 5.8M | 3.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 107.0M | 72.8M | 103.0M | 68.3M | 66.9M | 14.8M | 18.4M | 22.0M |
| Contract Liabilities | 40.8M | 34.1M | 52.7M | 24.7M | 27.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 186.0M | 169.0M | 286.0M | 205.0M | 217.0M | 357.0M | 350.0M | 195.0M | 130.0M | 139.0M | 75.0M | 66.9M | 64.2M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | -- | -- | 10.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.9M | 2.2M | 2.5M | 1.1M | 1.3M | 145.0M | 10.9M | 9.5M | 16.8M | 540,000 | -- | -- | -- |
| Total Liabilities | 188.0M | 172.0M | 288.0M | 206.0M | 218.0M | 503.0M | 361.0M | 205.0M | 146.0M | 140.0M | 75.0M | 66.9M | 64.2M |
| Paid In Capital | 263.0M | 263.0M | 263.0M | 261.0M | 261.0M | 176.0M | 135.0M | 104.0M | 60.0M | 60.0M | 60.0M | 60.0M | 1.7M |
| Capital Reserve | 320.0M | 322.0M | 322.0M | 313.0M | 313.0M | 115.0M | 155.0M | 186.0M | 64.4M | 64.4M | 64.4M | 64.4M | 22.0M |
| Surplus Reserve | 60.3M | 49.1M | 46.3M | 40.3M | 35.4M | 26.0M | 20.0M | 15.7M | 11.4M | 7.6M | 4.6M | 2.0M | 4.9M |
| Retained Earnings | 476.0M | 467.0M | 397.0M | 354.0M | 348.0M | 259.0M | 178.0M | 132.0M | 98.3M | 66.3M | 38.6M | 19.9M | 48.9M |
| Minority Equity | 1.2M | -1,600 | -- | 51.7M | 49.9M | 137.0M | 90.8M | 25.8M | -- | -- | -- | -- | 417,400 |
| Equity Attributable | 1.1B | 1.1B | 1.0B | 968.0M | 957.0M | 606.0M | 489.0M | 438.0M | 234.0M | 198.0M | 168.0M | 146.0M | 77.5M |
| Total Equity | 1.1B | 1.1B | 1.0B | 1.0B | 1.0B | 743.0M | 580.0M | 464.0M | 234.0M | 198.0M | 168.0M | 146.0M | 77.9M |
| 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 | 557.0M | 650.0M | 625.0M | 478.0M | 641.0M | 704.0M | 619.0M | 319.0M | 228.0M | 219.0M | 110.0M | 121.0M | 94.2M |
| Tax Refunds Received | 2.6M | 2.4M | 566,800 | 2.6M | 665,600 | 5.0M | -- | -- | -- | 12,900 | -- | -- | -- |
| Total Operating Cash Inflow | 569.0M | 666.0M | 648.0M | 501.0M | 665.0M | 718.0M | 644.0M | 336.0M | 238.0M | 222.0M | 114.0M | 124.0M | 104.0M |
| Cash Paid For Goods | 215.0M | 273.0M | 453.0M | 374.0M | 294.0M | 269.0M | 447.0M | 152.0M | 109.0M | 154.0M | 64.9M | 69.5M | 51.3M |
| Cash Paid To Employees | 150.0M | 141.0M | 131.0M | 138.0M | 135.0M | 136.0M | 116.0M | 51.0M | 39.7M | 31.7M | 24.4M | 18.7M | 15.0M |
| Taxes Paid | 41.7M | 49.2M | 17.0M | 39.2M | 45.6M | 53.9M | 50.2M | 33.0M | 24.5M | 17.0M | 10.3M | 9.9M | 14.3M |
| Total Operating Cash Outflow | 429.0M | 490.0M | 632.0M | 580.0M | 497.0M | 496.0M | 633.0M | 260.0M | 177.0M | 209.0M | 103.0M | 104.0M | 86.9M |
| Operating Cash Flow | 140.0M | 177.0M | 16.2M | -79.7M | 168.0M | 222.0M | 10.6M | 76.5M | 60.9M | 13.2M | 10.8M | 19.9M | 17.1M |
| Total Investing Cash Inflow | 4.1M | 1.1M | 287,000 | 331,700 | 980,100 | 114,100 | 167,800 | 28,000 | 19,600 | 18,300 | 77,000 | 880,900 | 8,542 |
| Total Investing Cash Outflow | 46.5M | 38.7M | 42.4M | 67.1M | 105.0M | 65.5M | 158.0M | 19.3M | 37.5M | 31.2M | 6.3M | 6.3M | 51.2M |
| Investing Cash Flow | -42.4M | -37.6M | -42.1M | -66.7M | -104.0M | -65.4M | -158.0M | -19.2M | -37.5M | -31.2M | -6.2M | -5.4M | -51.2M |
| Cash From Borrowings | 9.0M | -- | 35.0M | 30.0M | 15.3M | 188.0M | 84.9M | 30.0M | 35.0M | 60.0M | 40.0M | 34.5M | 29.1M |
| Dividends And Interest Paid | 35.4M | 20.1M | 16.0M | 39.5M | 31.4M | 15.1M | 17.5M | 11.6M | 1.7M | 2.1M | 8.8M | 6.5M | 16.4M |
| Debt Repayments | 2.0M | 35.0M | 30.0M | 15.3M | 15.5M | 59.9M | 97.0M | 30.0M | 45.0M | 55.0M | 35.0M | 34.0M | 15.0M |
| Total Financing Cash Inflow | 12.4M | -- | 63.2M | 30.0M | 65.0M | 211.0M | 137.0M | 229.0M | 35.0M | 60.0M | 40.0M | 73.5M | 51.7M |
| Total Financing Cash Outflow | 37.8M | 59.9M | 124.0M | 54.9M | 89.0M | 77.4M | 114.0M | 47.8M | 48.0M | 59.0M | 43.8M | 40.6M | 31.4M |
| Financing Cash Flow | -25.4M | -59.9M | -61.1M | -24.9M | -24.0M | 133.0M | 22.5M | 181.0M | -13.0M | 1.0M | -3.8M | 32.9M | 20.3M |
| Net Change In Cash | 72.6M | 79.2M | -87.0M | -171.0M | 39.7M | 290.0M | -124.0M | 238.0M | 10.4M | -16.9M | 746,900 | 47.4M | -13.9M |
| Ending Cash Balance | 395.0M | 322.0M | 243.0M | 330.0M | 501.0M | 462.0M | 171.0M | 296.0M | 57.6M | 47.2M | 64.1M | 63.4M | 16.0M |
| Capex | 26.5M | 22.0M | 42.4M | 54.6M | 60.0M | 45.5M | 67.9M | 19.3M | 37.5M | 30.4M | 4.5M | 5.8M | 10.5M |