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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 945.0M | 689.0M | 747.0M | 970.0M | 596.0M | 481.0M | 528.0M | 323.0M | 174.0M | 115.0M | 74.8M |
| Revenue Growth % | 37.2% | -7.8% | -23.0% | 62.8% | 23.9% | -8.9% | 63.5% | 85.6% | 51.3% | 53.7% | -- |
| Total Revenue | 945.0M | 689.0M | 747.0M | 970.0M | 596.0M | 481.0M | 528.0M | 323.0M | 174.0M | 115.0M | 74.8M |
| Cost Of Revenue | 748.0M | 585.0M | 472.0M | 598.0M | 326.0M | 252.0M | 350.0M | 225.0M | 125.0M | 85.6M | 67.7M |
| Gross Profit | 197.0M | 104.0M | 275.0M | 372.0M | 270.0M | 229.0M | 178.0M | 98.0M | 49.0M | 29.4M | 7.1M |
| Gross Margin % | 20.8% | 15.1% | 36.8% | 38.4% | 45.3% | 47.6% | 33.7% | 30.3% | 28.2% | 25.6% | 9.5% |
| Total Operating Cost | 867.0M | 729.0M | 572.0M | 700.0M | 409.0M | 317.0M | 402.0M | 268.0M | 149.0M | 104.0M | 85.3M |
| Selling Expenses | 6.2M | 5.8M | 5.2M | 6.3M | 5.4M | 4.4M | 8.2M | 8.0M | 5.9M | 4.1M | 658,300 |
| Admin Expenses | 44.4M | 38.2M | 42.4M | 40.8M | 29.5M | 23.1M | 16.2M | 11.5M | 6.8M | 14.2M | 15.7M |
| Rd Expenses | 50.2M | 68.5M | 63.4M | 44.4M | 24.2M | 17.6M | 20.3M | 12.0M | 10.3M | -- | -- |
| Finance Expenses | -5.3M | -6.4M | -19.0M | 1.7M | 10.3M | 3.2M | 818,500 | 5.3M | 1.7M | -333,400 | 1.2M |
| Operating Income | 92.3M | -32.4M | 178.0M | 284.0M | 192.0M | 168.0M | 125.0M | 58.6M | 24.7M | 11.4M | -10.4M |
| Operating Margin % | 9.8% | -4.7% | 23.8% | 29.3% | 32.2% | 34.9% | 23.7% | 18.1% | 14.2% | 9.9% | -13.9% |
| Non Operating Income | 326,500 | 72,400 | 6,000 | 4.3M | 1.5M | -- | 2.2M | 812,700 | 5.3M | 1.7M | 4.3M |
| Non Operating Expenses | 262,100 | 456,400 | 1.6M | 110,000 | 1.8M | 3.4M | 1.2M | 2.0M | 94,900 | 40,900 | -- |
| Investment Income | -2.8M | -1.7M | -5.9M | 4.8M | -- | -3.2M | -135,100 | 493,500 | -- | -- | -- |
| Fair Value Change Income | -3.6M | -1.9M | 1.4M | 764,600 | -- | 660,200 | -6.7M | -- | -- | -- | -- |
| Asset Disposal Income | 812,900 | -- | -- | -- | -- | -- | -- | -- | 9,900 | -- | -- |
| Asset Impairment Loss | 13.4M | 32.3M | -- | -1.1M | 7.5M | 13.9M | 3.8M | 3.6M | -936,000 | 465,800 | 57,800 |
| Other Income | 19.9M | 11.5M | 8.4M | 8.5M | 5.0M | 6.9M | 6.7M | 2.7M | -- | -- | -- |
| Income Before Tax | 92.3M | -32.8M | 177.0M | 288.0M | 192.0M | 164.0M | 126.0M | 57.4M | 29.9M | 13.1M | -6.1M |
| Income Tax | 4.9M | -461,700 | 23.2M | 50.1M | 32.8M | 30.0M | 22.8M | 8.8M | 4.0M | 1.7M | -1.6M |
| Net Income | 87.5M | -32.3M | 153.0M | 238.0M | 159.0M | 134.0M | 104.0M | 48.6M | 26.0M | 11.3M | -4.5M |
| Net Margin % | 9.3% | -4.7% | 20.5% | 24.5% | 26.7% | 27.9% | 19.7% | 15.0% | 14.9% | 9.9% | -6.1% |
| Net Income Attributable | 87.5M | -32.3M | 153.0M | 238.0M | 159.0M | 134.0M | 104.0M | 48.4M | 26.3M | 12.3M | -4.1M |
| Minority Interest | 0.00 | -- | -- | -- | -- | -- | -253,800 | 172,500 | -278,600 | -962,400 | -416,900 |
| Eps Basic | 0.33 | -0.12 | 0.59 | 0.91 | 0.81 | 0.68 | 0.55 | 0.28 | 0.21 | 0.62 | -0.21 |
| Eps Diluted | 0.33 | -0.12 | 0.59 | 0.91 | 0.81 | 0.68 | 0.55 | 0.28 | 0.21 | 0.62 | -0.21 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 97.1M | 95.7M | 307.0M | 429.0M | 791.0M | 107.0M | 75.7M | 18.3M | 15.3M | 21.3M | 23.6M |
| Trading Financial Assets | -- | -- | 3.3M | 764,600 | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 184.0M | 182.0M | 227.0M | 180.0M | 99.7M | 85.2M | 131.0M | 89.2M | 44.6M | 6.9M | 1.3M |
| Notes Receivable | -- | 488,400 | 808,200 | 29.1M | 7.7M | 4.0M | 6.5M | 6.1M | 5.1M | -- | -- |
| Notes And Accounts Receivable | 184.0M | 183.0M | 228.0M | 209.0M | 107.0M | 89.2M | 137.0M | 95.3M | 49.7M | 6.9M | 1.3M |
| Prepayments | 12.7M | 14.5M | 13.3M | 36.2M | 14.3M | 7.6M | 8.5M | 7.5M | 2.5M | 7.3M | 1.8M |
| Inventory | 289.0M | 435.0M | 498.0M | 241.0M | 145.0M | 139.0M | 128.0M | 53.9M | 51.7M | 50.0M | 22.9M |
| Total Current Assets | 662.0M | 795.0M | 1.1B | 978.0M | 1.1B | 346.0M | 355.0M | 185.0M | 122.0M | 98.6M | 54.5M |
| Long Term Equity Investment | 624,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 924.0M | 831.0M | 584.0M | 352.0M | 210.0M | 224.0M | 195.0M | -- | 58.5M | 79.0M |
| Fixed Assets Total | 892.0M | 924.0M | 831.0M | 584.0M | 352.0M | 210.0M | 224.0M | 195.0M | 71.2M | 58.5M | 79.0M |
| Construction In Progress | -- | 57.3M | 14.7M | 96.7M | 49.6M | 32.1M | 549,000 | 5.0M | -- | 20.9M | 18.4M |
| Construction In Progress Total | 40.4M | 57.3M | 14.7M | 96.7M | 49.6M | 32.1M | 549,000 | 5.0M | 12.4M | 20.9M | 18.4M |
| Intangible Assets | 95.4M | 98.5M | 88.3M | 74.3M | 70.5M | 72.3M | 15.3M | 15.8M | 4.9M | 4.8M | 4.9M |
| Long Term Deferred Expenses | 10.2M | 14.0M | 16.7M | 18.8M | 6.6M | 7.6M | 8.3M | 8.4M | 784,800 | 614,900 | 1.3M |
| Total Non Current Assets | 1.1B | 1.1B | 989.0M | 815.0M | 493.0M | 333.0M | 256.0M | 234.0M | 93.5M | 89.8M | 107.0M |
| Total Assets | 1.8B | 1.9B | 2.1B | 1.8B | 1.6B | 678.0M | 611.0M | 419.0M | 215.0M | 188.0M | 162.0M |
| Short Term Borrowings | 80.0M | 80.1M | 220.0M | -- | 40.1M | 50.1M | 80.0M | 50.0M | 30.0M | -- | -- |
| Accounts Payable | 53.3M | 106.0M | 83.2M | 119.0M | 59.8M | 17.9M | 58.4M | 48.0M | 38.4M | 20.0M | 48.5M |
| Advance Receipts | 19,400 | 66,200 | 51,000 | -- | -- | 30,300 | 108,900 | 416,200 | 556,900 | 14.7M | 27.1M |
| Contract Liabilities | 906,100 | 1.4M | 1.2M | 2.1M | 1.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 185.0M | 320.0M | 343.0M | 185.0M | 140.0M | 98.6M | 170.0M | 130.0M | 92.7M | 142.0M | 126.0M |
| Total Non Current Liabilities | 67.3M | 43.2M | 45.1M | 19.6M | 14.5M | 14.8M | 10.5M | 12.1M | 13.4M | 10.9M | 10.9M |
| Total Liabilities | 252.0M | 363.0M | 388.0M | 205.0M | 155.0M | 113.0M | 180.0M | 142.0M | 106.0M | 152.0M | 137.0M |
| Paid In Capital | 262.0M | 262.0M | 262.0M | 262.0M | 262.0M | 196.0M | 196.0M | 105.0M | 45.0M | 20.0M | 20.0M |
| Capital Reserve | 708.0M | 708.0M | 708.0M | 708.0M | 708.0M | 74.0M | 74.0M | 114.0M | 49.6M | -- | -- |
| Surplus Reserve | 57.9M | 52.0M | 50.9M | 43.2M | 30.7M | 19.9M | 12.3M | 6.1M | 1.8M | 2.1M | 667,100 |
| Retained Earnings | 508.0M | 557.0M | 669.0M | 575.0M | 423.0M | 275.0M | 148.0M | 50.5M | 10.8M | 12.0M | 1.1M |
| Minority Equity | 156,600 | -- | -- | -- | -- | -- | -- | 2.1M | 2.0M | 1.8M | 2.7M |
| Equity Attributable | 1.5B | 1.6B | 1.7B | 1.6B | 1.4B | 565.0M | 431.0M | 275.0M | 107.0M | 34.1M | 21.8M |
| Total Equity | 1.5B | 1.6B | 1.7B | 1.6B | 1.4B | 565.0M | 431.0M | 277.0M | 109.0M | 35.8M | 24.5M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 983.0M | 734.0M | 727.0M | 904.0M | 585.0M | 533.0M | 525.0M | 306.0M | 204.0M | 125.0M | 100.0M |
| Tax Refunds Received | 59.1M | 62.2M | 120.0M | 61.2M | 30.0M | 25.4M | 8.4M | 9,200 | 7,500 | -- | -- |
| Total Operating Cash Inflow | 1.1B | 847.0M | 873.0M | 982.0M | 625.0M | 571.0M | 541.0M | 309.0M | 210.0M | 125.0M | 105.0M |
| Cash Paid For Goods | 557.0M | 499.0M | 714.0M | 699.0M | 319.0M | 261.0M | 407.0M | 226.0M | 158.0M | 116.0M | 70.5M |
| Cash Paid To Employees | 116.0M | 110.0M | 118.0M | 98.4M | 58.0M | 48.8M | 54.3M | 27.1M | 15.0M | 11.6M | 8.4M |
| Taxes Paid | 60.8M | 31.0M | 63.1M | 59.0M | 56.8M | 56.6M | 25.0M | 25.4M | 6.1M | 556,200 | 2.4M |
| Total Operating Cash Outflow | 781.0M | 667.0M | 927.0M | 882.0M | 456.0M | 382.0M | 503.0M | 293.0M | 190.0M | 136.0M | 85.3M |
| Operating Cash Flow | 295.0M | 180.0M | -53.7M | 99.8M | 168.0M | 188.0M | 38.0M | 15.9M | 19.7M | -10.3M | 19.4M |
| Total Investing Cash Inflow | 20.0M | 150.0M | 146.0M | 359.0M | 1.3M | 46.5M | 27.1M | 171.0M | 32.9M | 23.2M | 12.3M |
| Total Investing Cash Outflow | 119.0M | 371.0M | 388.0M | 701.0M | 173.0M | 157.0M | 99.0M | 305.0M | 33.4M | 18.8M | 17.1M |
| Investing Cash Flow | -99.1M | -221.0M | -242.0M | -342.0M | -172.0M | -110.0M | -72.0M | -134.0M | -528,700 | 4.4M | -4.8M |
| Cash From Borrowings | 130.0M | 210.0M | 100.0M | -- | 40.0M | 150.0M | 190.0M | 100.0M | 30.0M | -- | -- |
| Dividends And Interest Paid | 134.0M | 82.3M | 53.9M | 73.3M | 2.5M | 4.4M | 3.4M | 6.2M | 1.2M | 163,400 | 1.6M |
| Debt Repayments | 190.0M | 290.0M | -- | 40.0M | 50.0M | 182.0M | 164.0M | 80.1M | -- | -- | -- |
| Total Financing Cash Inflow | 130.0M | 333.0M | 225.0M | -- | 753.0M | 150.0M | 249.0M | 263.0M | 408.0M | 361.0M | 470.0M |
| Total Financing Cash Outflow | 337.0M | 379.0M | 179.0M | 120.0M | 65.2M | 186.0M | 168.0M | 142.0M | 433.0M | 359.0M | 493.0M |
| Financing Cash Flow | -207.0M | -45.5M | 45.9M | -120.0M | 688.0M | -35.9M | 80.7M | 122.0M | -25.4M | 1.5M | -23.7M |
| Net Change In Cash | -5.9M | -83.2M | -247.0M | -365.0M | 683.0M | 42.1M | 46.8M | 3.0M | -6.0M | -4.3M | -9.1M |
| Ending Cash Balance | 89.8M | 95.7M | 179.0M | 426.0M | 791.0M | 107.0M | 65.1M | 18.2M | 15.3M | 1.3M | 5.6M |
| Capex | 100.0M | 227.0M | 229.0M | 344.0M | 172.0M | 116.0M | 62.3M | 136.0M | 3.9M | 17.0M | 16.2M |