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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6B | 1.5B | 1.4B | 1.3B | 780.0M | 904.0M | 987.0M | 901.0M | 683.0M |
| Revenue Growth % | 2.1% | 12.9% | 5.3% | 66.8% | -13.7% | -8.4% | 9.5% | 31.9% | -- |
| Total Revenue | 1.6B | 1.5B | 1.4B | 1.3B | 780.0M | 904.0M | 987.0M | 901.0M | 683.0M |
| Cost Of Revenue | 1.3B | 1.3B | 1.3B | 1.1B | 598.0M | 675.0M | 709.0M | 612.0M | 428.0M |
| Gross Profit | 249.0M | 233.0M | 114.0M | 227.0M | 182.0M | 229.0M | 278.0M | 289.0M | 255.0M |
| Gross Margin % | 15.8% | 15.1% | 8.3% | 17.4% | 23.3% | 25.3% | 28.2% | 32.1% | 37.3% |
| Total Operating Cost | 1.5B | 1.5B | 1.5B | 1.2B | 691.0M | 795.0M | 832.0M | 760.0M | 527.0M |
| Selling Expenses | 37.4M | 37.4M | 42.5M | 35.4M | 21.4M | 31.4M | 35.4M | 32.7M | 24.9M |
| Admin Expenses | 77.0M | 80.9M | 58.3M | 44.7M | 27.3M | 34.4M | 30.7M | 64.1M | 22.7M |
| Rd Expenses | 60.8M | 66.2M | 60.8M | 50.1M | 31.7M | 36.5M | 39.2M | 36.1M | 25.8M |
| Finance Expenses | 21.7M | 20.0M | 22.0M | 12.4M | 9.3M | 9.1M | 6.7M | 7.0M | 19.3M |
| Operating Income | 51.5M | 32.5M | -61.9M | 77.9M | 96.3M | 121.0M | 160.0M | 142.0M | 155.0M |
| Operating Margin % | 3.3% | 2.1% | -4.5% | 6.0% | 12.3% | 13.4% | 16.2% | 15.8% | 22.7% |
| Non Operating Income | 31,000 | 1.0M | 88.00 | 21.7M | 106,000 | 11.5M | 3,400 | 586,600 | 695,600 |
| Non Operating Expenses | 4.5M | 189,700 | 2.4M | 4.6M | 4.8M | 490,200 | 77,000 | 1.9M | 713,000 |
| Investment Income | 401,900 | 2,011 | 399,400 | 3.7M | 1.6M | 2.4M | 2.0M | 152,600 | -- |
| Fair Value Change Income | -- | -- | 859,100 | 312,900 | -- | 701,800 | -- | -- | -- |
| Asset Disposal Income | -1.9M | -1.1M | -486,400 | -- | -542,600 | 105,600 | -126,600 | -- | -- |
| Asset Impairment Loss | 2.3M | 842,600 | 221,000 | 1.4M | 912,400 | 1.3M | 1.1M | -1.8M | -1.3M |
| Other Income | 22.9M | 28.1M | 22.1M | 5.3M | 6.9M | 8.8M | 3.4M | 626,800 | -- |
| Income Before Tax | 47.0M | 33.3M | -64.3M | 95.0M | 91.6M | 132.0M | 160.0M | 141.0M | 155.0M |
| Income Tax | 7.2M | -1.6M | -16.1M | 6.8M | 10.9M | 17.9M | 21.8M | 27.3M | 24.3M |
| Net Income | 39.8M | 35.0M | -48.2M | 88.3M | 80.6M | 114.0M | 138.0M | 113.0M | 131.0M |
| Net Margin % | 2.5% | 2.3% | -3.5% | 6.8% | 10.3% | 12.6% | 14.0% | 12.5% | 19.2% |
| Net Income Attributable | 44.2M | 37.2M | -47.5M | 88.3M | 80.6M | 114.0M | 138.0M | 113.0M | 131.0M |
| Minority Interest | -4.4M | -2.2M | -735,400 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.10 | 0.08 | -0.11 | 0.20 | 0.22 | 0.32 | 0.44 | 0.53 | 1.13 |
| Eps Diluted | 0.10 | 0.08 | -0.11 | 0.20 | 0.22 | 0.32 | 0.44 | 0.53 | 1.13 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 329.0M | 170.0M | 450.0M | 265.0M | 105.0M | 127.0M | 115.0M | 172.0M | 70.8M |
| Trading Financial Assets | -- | -- | -- | 36.5M | -- | 103.0M | -- | -- | -- |
| Accounts Receivable | 95.7M | 101.0M | 86.6M | 108.0M | 60.4M | 56.6M | 48.9M | 66.8M | 47.6M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 5.0M | 8.0M | 2.4M |
| Notes And Accounts Receivable | 95.7M | 101.0M | 86.6M | 108.0M | 60.4M | 56.6M | 54.0M | 74.8M | 50.0M |
| Prepayments | 9.4M | 10.4M | 10.4M | 2.6M | 9.6M | 10.9M | 4.4M | 8.9M | 5.4M |
| Inventory | 59.4M | 69.5M | 74.3M | 74.3M | 60.2M | 76.2M | 79.0M | 50.8M | 39.8M |
| Total Current Assets | 518.0M | 361.0M | 632.0M | 510.0M | 248.0M | 400.0M | 290.0M | 313.0M | 259.0M |
| Long Term Equity Investment | 1.5M | 1.5M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.4B | 1.4B | 820.0M | 442.0M | 490.0M | 483.0M | -- |
| Fixed Assets Total | 1.2B | 1.3B | 1.4B | 1.4B | 820.0M | 442.0M | 490.0M | 483.0M | 455.0M |
| Construction In Progress | -- | 21.2M | 19.4M | 45.4M | 402.0M | 271.0M | 1.8M | 3.8M | -- |
| Construction In Progress Total | 558.0M | 21.2M | 19.4M | 45.4M | 402.0M | 271.0M | 1.8M | 3.8M | 4.1M |
| Intangible Assets | 386.0M | 425.0M | 103.0M | 118.0M | 133.0M | 155.0M | 170.0M | 48.1M | 58.4M |
| Long Term Deferred Expenses | 4.6M | 4.8M | 5.6M | 3.4M | -- | -- | -- | -- | -- |
| Total Non Current Assets | 2.3B | 1.8B | 1.7B | 1.6B | 1.4B | 915.0M | 665.0M | 539.0M | 526.0M |
| Total Assets | 2.8B | 2.2B | 2.3B | 2.1B | 1.6B | 1.3B | 955.0M | 852.0M | 785.0M |
| Short Term Borrowings | 663.0M | 443.0M | 598.0M | 275.0M | 276.0M | 187.0M | 139.0M | 188.0M | 247.0M |
| Accounts Payable | 359.0M | 157.0M | 185.0M | 218.0M | 179.0M | 77.3M | 80.4M | 100.0M | 109.0M |
| Advance Receipts | 268,800 | 212,800 | -- | -- | -- | 744,900 | 1.1M | 499,900 | 708,700 |
| Contract Liabilities | 1.4M | 925,600 | 1.2M | 838,100 | 207,600 | -- | -- | -- | -- |
| Total Current Liabilities | 1.4B | 890.0M | 1.1B | 835.0M | 631.0M | 470.0M | 399.0M | 453.0M | 530.0M |
| Long Term Borrowings | 171.0M | 75.7M | 9.0M | 71.3M | 169.0M | 104.0M | -- | -- | -- |
| Total Non Current Liabilities | 246.0M | 146.0M | 85.7M | 131.0M | 240.0M | 186.0M | 10.5M | 6.3M | 16.1M |
| Total Liabilities | 1.6B | 1.0B | 1.2B | 966.0M | 870.0M | 656.0M | 410.0M | 459.0M | 546.0M |
| Paid In Capital | 440.0M | 440.0M | 440.0M | 440.0M | 360.0M | 360.0M | 360.0M | 100.0M | 100.0M |
| Capital Reserve | 294.0M | 294.0M | 294.0M | 294.0M | 47.0M | 47.0M | 47.0M | 147.0M | 107.0M |
| Surplus Reserve | 67.2M | 62.5M | 56.7M | 56.6M | 47.7M | 39.8M | 28.5M | 14.5M | 3.2M |
| Retained Earnings | 362.0M | 349.0M | 318.0M | 365.0M | 285.0M | 213.0M | 110.0M | 131.0M | 28.5M |
| Minority Equity | 1.8M | 6.1M | 8.4M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.1B | 1.1B | 1.2B | 740.0M | 659.0M | 545.0M | 392.0M | 239.0M |
| Total Equity | 1.2B | 1.2B | 1.1B | 1.2B | 740.0M | 659.0M | 545.0M | 392.0M | 239.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.6B | 1.6B | 1.4B | 1.2B | 777.0M | 849.0M | 928.0M | 894.0M | 689.0M |
| Tax Refunds Received | -- | 1.6M | 1.6M | 122,900 | -- | 599,700 | 599,700 | 19,400 | -- |
| Total Operating Cash Inflow | 1.7B | 1.8B | 1.6B | 1.4B | 947.0M | 941.0M | 1.1B | 1.0B | 705.0M |
| Cash Paid For Goods | 545.0M | 705.0M | 782.0M | 610.0M | 485.0M | 448.0M | 438.0M | 275.0M | 179.0M |
| Cash Paid To Employees | 404.0M | 382.0M | 338.0M | 296.0M | 163.0M | 174.0M | 175.0M | 157.0M | 89.8M |
| Taxes Paid | 102.0M | 108.0M | 91.6M | 51.6M | 20.1M | 73.8M | 115.0M | 117.0M | 49.8M |
| Total Operating Cash Outflow | 1.2B | 1.4B | 1.4B | 1.2B | 825.0M | 803.0M | 918.0M | 687.0M | 355.0M |
| Operating Cash Flow | 493.0M | 354.0M | 171.0M | 255.0M | 123.0M | 138.0M | 169.0M | 325.0M | 350.0M |
| Total Investing Cash Inflow | 274.0M | 2.2M | 229.0M | 701.0M | 365.0M | 618.0M | 899.0M | 185.0M | 117.0M |
| Total Investing Cash Outflow | 656.0M | 238.0M | 408.0M | 1.1B | 642.0M | 961.0M | 1.1B | 161.0M | 405.0M |
| Investing Cash Flow | -382.0M | -236.0M | -180.0M | -357.0M | -277.0M | -343.0M | -182.0M | 24.5M | -287.0M |
| Cash From Borrowings | 685.0M | 748.0M | 870.0M | 315.0M | 446.0M | 514.0M | 316.0M | 188.0M | 371.0M |
| Dividends And Interest Paid | 50.0M | 25.8M | 25.9M | 23.8M | 21.3M | 14.3M | 149.0M | 10.8M | 10.4M |
| Debt Repayments | 611.0M | 1.1B | 649.0M | 365.0M | 255.0M | 351.0M | 366.0M | 247.0M | 188.0M |
| Total Financing Cash Inflow | 685.0M | 748.0M | 870.0M | 672.0M | 465.0M | 644.0M | 476.0M | 380.0M | 906.0M |
| Total Financing Cash Outflow | 666.0M | 1.1B | 695.0M | 460.0M | 316.0M | 434.0M | 515.0M | 641.0M | 951.0M |
| Financing Cash Flow | 19.4M | -340.0M | 175.0M | 211.0M | 149.0M | 211.0M | -39.1M | -260.0M | -44.8M |
| Net Change In Cash | 130.0M | -222.0M | 166.0M | 109.0M | -5.8M | 5.3M | -52.4M | 89.3M | 18.8M |
| Ending Cash Balance | 242.0M | 113.0M | 335.0M | 169.0M | 59.6M | 65.4M | 60.1M | 112.0M | 23.2M |
| Capex | 376.0M | 125.0M | 129.0M | 324.0M | 384.0M | 275.0M | 25.0M | 67.6M | 105.0M |