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 | 318.0M | 308.0M | 322.0M | 490.0M | 287.0M | 300.0M | 256.0M | 233.0M | 205.0M |
| Revenue Growth % | 3.2% | -4.3% | -34.3% | 70.7% | -4.3% | 17.2% | 9.9% | 13.7% | -- |
| Total Revenue | 318.0M | 308.0M | 322.0M | 490.0M | 287.0M | 300.0M | 256.0M | 233.0M | 205.0M |
| Cost Of Revenue | 194.0M | 139.0M | 130.0M | 282.0M | 116.0M | 124.0M | 101.0M | 85.7M | 73.1M |
| Gross Profit | 124.0M | 169.0M | 192.0M | 208.0M | 171.0M | 176.0M | 155.0M | 147.3M | 131.9M |
| Gross Margin % | 39.0% | 54.9% | 59.6% | 42.4% | 59.6% | 58.7% | 60.5% | 63.2% | 64.4% |
| Total Operating Cost | 297.0M | 270.0M | 216.0M | 362.0M | 173.0M | 193.0M | 164.0M | 151.0M | 148.0M |
| Selling Expenses | 27.0M | 25.3M | 24.2M | 20.9M | 16.2M | 25.6M | 27.7M | 30.5M | 23.6M |
| Admin Expenses | 43.0M | 30.2M | 18.7M | 21.5M | 16.9M | 20.0M | 18.3M | 18.5M | 40.4M |
| Rd Expenses | 21.1M | 23.4M | 22.4M | 23.2M | 16.3M | 17.8M | 12.6M | 12.2M | 7.6M |
| Finance Expenses | 2.8M | -1.2M | -3.2M | -4.8M | -1.3M | -829,600 | -876,900 | -1.5M | -696,300 |
| Operating Income | 37.3M | 67.6M | 132.0M | 144.0M | 124.0M | 121.0M | 104.0M | 83.5M | 57.9M |
| Operating Margin % | 11.7% | 22.0% | 41.0% | 29.4% | 43.2% | 40.3% | 40.6% | 35.8% | 28.2% |
| Non Operating Income | 3,900 | 489,900 | 9,500 | -- | 57,500 | -- | 642,900 | 427,800 | 3.4M |
| Non Operating Expenses | 623,200 | 283,300 | 45,400 | 1,200 | 195,400 | 20,600 | 106,300 | 6,900 | 20,600 |
| Investment Income | 947,900 | 12.7M | 3.4M | 2.8M | -- | -- | -- | 71,000 | 859,200 |
| Fair Value Change Income | 9.7M | 11.4M | 13.9M | 3.4M | -- | -- | -- | -- | -- |
| Asset Disposal Income | -165,800 | -- | -- | -- | 900.00 | -- | -20,200 | -- | -- |
| Asset Impairment Loss | 2.1M | 1.0M | 345,000 | -- | -- | -- | 2.6M | 3.4M | 1.6M |
| Other Income | 5.3M | 5.8M | 8.1M | 9.8M | 10.2M | 13.6M | 12.2M | 1.8M | -- |
| Income Before Tax | 36.7M | 67.8M | 132.0M | 144.0M | 123.0M | 121.0M | 105.0M | 83.9M | 61.3M |
| Income Tax | 4.1M | 5.9M | 12.1M | 16.7M | 16.6M | 15.8M | 14.5M | 12.2M | 13.2M |
| Net Income | 32.6M | 62.0M | 120.0M | 127.0M | 107.0M | 105.0M | 90.6M | 71.8M | 48.0M |
| Net Margin % | 10.2% | 20.1% | 37.3% | 25.9% | 37.3% | 35.0% | 35.4% | 30.8% | 23.4% |
| Net Income Attributable | 32.5M | 60.0M | 116.0M | 118.0M | 95.7M | 91.9M | 74.6M | 55.4M | 17.6M |
| Minority Interest | 65,700 | 2.0M | 4.3M | 9.5M | 11.0M | 13.5M | 15.9M | 16.4M | 30.4M |
| Eps Basic | 0.24 | 0.44 | 0.85 | 0.86 | 0.94 | 0.90 | 0.73 | 0.54 | -- |
| Eps Diluted | 0.24 | 0.44 | 0.85 | 0.86 | 0.94 | 0.90 | 0.73 | 0.54 | -- |
| 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 | 124.0M | 268.0M | 366.0M | 469.0M | 560.0M | 149.0M | 134.0M | 102.0M | 94.2M |
| Accounts Receivable | 412.0M | 384.0M | 333.0M | 287.0M | 207.0M | 140.0M | 116.0M | 91.2M | 67.4M |
| Notes Receivable | 54.6M | -- | -- | 1.3M | 686,800 | 1.7M | 3.5M | 1.3M | 3.3M |
| Notes And Accounts Receivable | 466.0M | 384.0M | 333.0M | 288.0M | 208.0M | 142.0M | 119.0M | 92.5M | 70.6M |
| Prepayments | 19.9M | 25.3M | 26.1M | 12.0M | 10.2M | 6.5M | 4.4M | 2.3M | 1.8M |
| Inventory | 99.7M | 65.2M | 74.0M | 60.7M | 24.6M | 37.3M | 38.0M | 31.4M | 47.3M |
| Total Current Assets | 748.0M | 771.0M | 830.0M | 851.0M | 822.0M | 360.0M | 317.0M | 242.0M | 225.0M |
| Long Term Equity Investment | 114.0M | 106.0M | 46.3M | 32.8M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 340.0M | 32.1M | 33.6M | 34.0M | 2.2M | 2.4M | 2.4M | -- |
| Fixed Assets Total | 356.0M | 340.0M | 32.1M | 33.6M | 34.0M | 2.2M | 2.4M | 2.4M | 2.9M |
| Construction In Progress | -- | 1.3M | 247.0M | 188.0M | 117.0M | 95.2M | 2.1M | -- | -- |
| Construction In Progress Total | 79.7M | 1.3M | 247.0M | 188.0M | 117.0M | 95.2M | 2.1M | -- | -- |
| Intangible Assets | 38.3M | 26.2M | 14.9M | 15.9M | 16.8M | 17.4M | 18.3M | 154,600 | 209,500 |
| Long Term Deferred Expenses | 4.2M | 1.2M | 56,400 | 163,700 | 384,400 | 523,900 | 497,700 | 1.1M | 1.3M |
| Total Non Current Assets | 718.0M | 545.0M | 369.0M | 279.0M | 175.0M | 123.0M | 38.2M | 21.8M | 31.7M |
| Total Assets | 1.5B | 1.3B | 1.2B | 1.1B | 997.0M | 482.0M | 355.0M | 263.0M | 257.0M |
| Short Term Borrowings | 126.0M | 50.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 68.8M | 59.7M | 24.3M | 32.5M | 18.9M | 13.8M | 6.9M | 3.0M | 3.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 27.1M | 26.8M | 32.1M | 47.6M |
| Contract Liabilities | 26.6M | 28.0M | 26.3M | 59.3M | 31.4M | -- | -- | -- | -- |
| Total Current Liabilities | 301.0M | 177.0M | 113.0M | 152.0M | 117.0M | 85.4M | 95.7M | 82.4M | 95.3M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 42.6M | -- | -- | -- |
| Total Non Current Liabilities | 4.2M | 2.3M | 2.3M | 2.5M | 2.6M | 45.9M | 4.2M | 2.7M | 1.7M |
| Total Liabilities | 305.0M | 179.0M | 116.0M | 154.0M | 120.0M | 131.0M | 99.8M | 85.0M | 97.0M |
| Paid In Capital | 136.0M | 136.0M | 136.0M | 136.0M | 136.0M | 102.0M | 102.0M | 102.0M | 2.2M |
| Capital Reserve | 359.0M | 359.0M | 359.0M | 359.0M | 359.0M | -42.1M | -42.1M | -42.1M | 76.4M |
| Surplus Reserve | 35.0M | 34.9M | 30.4M | 20.9M | 14.7M | 10.6M | 5.4M | 1.7M | 1.9M |
| Retained Earnings | 541.0M | 523.0M | 479.0M | 385.0M | 303.0M | 217.0M | 130.0M | 59.5M | 36.8M |
| Minority Equity | 88.9M | 85.0M | 78.3M | 74.0M | 64.5M | 63.5M | 59.8M | 57.3M | 42.4M |
| Equity Attributable | 1.1B | 1.1B | 1.0B | 902.0M | 813.0M | 288.0M | 196.0M | 121.0M | 117.0M |
| Total Equity | 1.2B | 1.1B | 1.1B | 976.0M | 878.0M | 351.0M | 256.0M | 178.0M | 160.0M |
| 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 | 255.0M | 298.0M | 309.0M | 435.0M | 240.0M | 315.0M | 268.0M | 231.0M | 214.0M |
| Tax Refunds Received | 1.2M | 1.9M | 5.1M | 3.1M | 1.9M | 3.0M | 3.9M | 1.7M | 2.5M |
| Total Operating Cash Inflow | 332.0M | 315.0M | 324.0M | 462.0M | 258.0M | 331.0M | 287.0M | 239.0M | 224.0M |
| Cash Paid For Goods | 154.0M | 162.0M | 203.0M | 258.0M | 80.0M | 101.0M | 103.0M | 64.4M | 70.7M |
| Cash Paid To Employees | 62.8M | 74.2M | 66.8M | 63.5M | 49.3M | 55.8M | 44.7M | 39.9M | 25.2M |
| Taxes Paid | 28.2M | 51.2M | 27.5M | 36.2M | 30.6M | 52.3M | 43.0M | 34.8M | 30.9M |
| Total Operating Cash Outflow | 314.0M | 350.0M | 362.0M | 408.0M | 186.0M | 255.0M | 219.0M | 182.0M | 166.0M |
| Operating Cash Flow | 17.7M | -35.4M | -37.3M | 53.8M | 71.8M | 76.0M | 67.9M | 57.0M | 58.2M |
| Total Investing Cash Inflow | -- | 26.0M | 179.0M | 383.0M | 3,097 | -- | 14,000 | 64.1M | 168.0M |
| Total Investing Cash Outflow | 189.0M | 129.0M | 264.0M | 491.0M | 60.9M | 96.6M | 23.7M | 64.9M | 172.0M |
| Investing Cash Flow | -189.0M | -103.0M | -84.9M | -108.0M | -60.9M | -96.6M | -23.7M | -845,000 | -4.1M |
| Cash From Borrowings | 213.0M | 72.8M | -- | -- | 33.7M | 42.6M | -- | -- | -- |
| Dividends And Interest Paid | 16.4M | 13.0M | 12.2M | 29.2M | -- | 9.9M | 16.5M | -- | 19.0M |
| Debt Repayments | 137.0M | 22.8M | -- | -- | 76.4M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 213.0M | 73.4M | -- | -- | 488.0M | 42.6M | 3.1M | -- | -- |
| Total Financing Cash Outflow | 154.0M | 35.8M | 12.2M | 37.1M | 84.2M | 9.9M | 16.5M | 47.9M | 24.1M |
| Financing Cash Flow | 59.8M | 37.6M | -12.2M | -37.1M | 403.0M | 32.8M | -13.4M | -47.9M | -24.1M |
| Net Change In Cash | -112.0M | -100.0M | -134.0M | -91.5M | 414.0M | 12.2M | 30.8M | 8.2M | 30.0M |
| Ending Cash Balance | 122.0M | 234.0M | 334.0M | 468.0M | 560.0M | 145.0M | 133.0M | 102.0M | 94.2M |
| Capex | 137.0M | 37.1M | 66.7M | 81.4M | 60.9M | 96.6M | 23.7M | 916,000 | 5.0M |