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 | 533.0M | 637.0M | 613.0M | 591.0M | 561.0M | 554.0M | 528.0M | 384.0M | 291.0M |
| Revenue Growth % | -16.3% | 3.9% | 3.7% | 5.3% | 1.3% | 4.9% | 37.5% | 32.0% | -- |
| Total Revenue | 533.0M | 637.0M | 613.0M | 591.0M | 561.0M | 554.0M | 528.0M | 384.0M | 291.0M |
| Cost Of Revenue | 315.0M | 399.0M | 393.0M | 369.0M | 332.0M | 325.0M | 324.0M | 197.0M | 129.0M |
| Gross Profit | 218.0M | 238.0M | 220.0M | 222.0M | 229.0M | 229.0M | 204.0M | 187.0M | 162.0M |
| Gross Margin % | 40.9% | 37.4% | 35.9% | 37.6% | 40.8% | 41.3% | 38.6% | 48.7% | 55.7% |
| Total Operating Cost | 521.0M | 586.0M | 566.0M | 531.0M | 456.0M | 452.0M | 438.0M | 346.0M | 220.0M |
| Selling Expenses | 28.7M | 28.7M | 26.9M | 30.8M | 22.5M | 24.7M | 22.4M | 18.1M | 16.2M |
| Admin Expenses | 57.3M | 55.4M | 47.1M | 49.8M | 41.1M | 47.7M | 41.6M | 87.6M | 44.6M |
| Rd Expenses | 121.0M | 110.0M | 104.0M | 87.0M | 54.3M | 47.6M | 41.5M | 37.6M | 26.0M |
| Finance Expenses | -8.0M | -12.4M | -9.2M | -8.9M | 139,000 | 1.9M | 1.6M | 1.2M | 460,700 |
| Operating Income | 23.9M | 61.6M | 63.8M | 77.8M | 120.0M | 114.0M | 98.8M | 45.6M | 70.8M |
| Operating Margin % | 4.5% | 9.7% | 10.4% | 13.2% | 21.4% | 20.6% | 18.7% | 11.9% | 24.3% |
| Non Operating Income | 79.00 | 200.00 | -- | 14,700 | 52,900 | 9,200 | 3,200 | 400.00 | 5.7M |
| Non Operating Expenses | 373,700 | 121,200 | 52,300 | 101,300 | 302,500 | 79,600 | 21,700 | 17,000 | 101,000 |
| Investment Income | 2.7M | 2.2M | 3.3M | 2.9M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 203,000 | 236,200 | -1,700 | 48,300 | -500.00 | -2,200 | 27,200 | -- | -- |
| Asset Impairment Loss | 2.0M | 658,100 | 1.8M | 1.7M | 2.4M | -- | 3.9M | 2.9M | 2.4M |
| Other Income | 8.5M | 9.1M | 13.6M | 14.6M | 14.7M | 12.2M | 9.1M | 8.1M | -- |
| Income Before Tax | 23.5M | 61.5M | 63.8M | 77.8M | 120.0M | 114.0M | 98.8M | 45.6M | 76.3M |
| Income Tax | 2.3M | 1.8M | 6.7M | 8.5M | 11.2M | 8.8M | 8.0M | 6.8M | 9.5M |
| Net Income | 21.2M | 59.7M | 57.0M | 69.3M | 109.0M | 106.0M | 90.8M | 38.7M | 66.8M |
| Net Margin % | 4.0% | 9.4% | 9.3% | 11.7% | 19.4% | 19.1% | 17.2% | 10.1% | 23.0% |
| Net Income Attributable | 21.4M | 59.6M | 57.0M | 69.2M | 108.0M | 106.0M | 90.8M | 38.9M | 67.0M |
| Minority Interest | -182,600 | 94,100 | 83,300 | 90,700 | 50,700 | 26,900 | 3,000 | -197,200 | -191,400 |
| Eps Basic | 0.13 | 0.37 | 0.49 | 0.85 | 2.43 | 2.37 | 2.03 | 0.92 | -- |
| Eps Diluted | 0.13 | 0.37 | 0.49 | 1.19 | 2.43 | 2.37 | 2.03 | 0.92 | -- |
| 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 | 791.0M | 940.0M | 902.0M | 897.0M | 357.0M | 287.0M | 199.0M | 158.0M | 92.2M |
| Accounts Receivable | 98.2M | 61.2M | 48.1M | 61.1M | 66.7M | 201.0M | 186.0M | 137.0M | 113.0M |
| Notes Receivable | 43.0M | 663,100 | 9.2M | 3.9M | 3.0M | -- | -- | 49,600 | 245,000 |
| Notes And Accounts Receivable | 141.0M | 61.9M | 57.3M | 65.0M | 69.7M | 201.0M | 186.0M | 137.0M | 113.0M |
| Prepayments | 2.8M | 483,700 | 310,500 | 307,000 | 749,200 | 924,400 | 294,600 | 4.4M | 91,500 |
| Inventory | 45.4M | 42.5M | 64.7M | 81.7M | 51.3M | 45.0M | 48.8M | 51.8M | 13.4M |
| Total Current Assets | 1.2B | 1.3B | 1.2B | 1.2B | 656.0M | 540.0M | 440.0M | 357.0M | 222.0M |
| Long Term Equity Investment | 9.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 6.5M | 7.4M | 3.6M | 1.7M | 2.4M | 2.6M | 2.6M | -- |
| Fixed Assets Total | 2.7M | 6.5M | 7.4M | 3.6M | 1.7M | 2.4M | 2.6M | 2.6M | 1.1M |
| Intangible Assets | 833,200 | 1.0M | 1.3M | 976,800 | 1.0M | 1.2M | 1.3M | 1.2M | 1.3M |
| Long Term Deferred Expenses | 340,500 | 445,800 | -- | -- | 781,300 | 1.5M | 2.4M | 3.2M | 2.6M |
| Total Non Current Assets | 28.1M | 18.3M | 20.8M | 23.0M | 6.4M | 6.8M | 7.6M | 7.9M | 5.8M |
| Total Assets | 1.2B | 1.3B | 1.2B | 1.3B | 663.0M | 547.0M | 448.0M | 365.0M | 227.0M |
| Short Term Borrowings | 10.0M | 15.0M | 10.0M | 42.0M | 51.1M | 60.7M | 55.6M | 50.0M | 23.0M |
| Accounts Payable | 79.9M | 93.1M | 83.3M | 125.0M | 84.7M | 96.8M | 83.4M | 67.9M | 19.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 3.5M | 4.5M | 8.4M | 4.0M |
| Contract Liabilities | 3.4M | 3.3M | 4.3M | 3.1M | 3.3M | -- | -- | -- | -- |
| Total Current Liabilities | 178.0M | 206.0M | 211.0M | 271.0M | 247.0M | 220.0M | 208.0M | 176.0M | 104.0M |
| Total Non Current Liabilities | 5.6M | 2.6M | 4.2M | 9.9M | 178,500 | 317,300 | 171,600 | 200,000 | -- |
| Total Liabilities | 184.0M | 209.0M | 215.0M | 281.0M | 247.0M | 220.0M | 208.0M | 176.0M | 104.0M |
| Paid In Capital | 163.0M | 117.0M | 83.3M | 59.5M | 44.6M | 44.6M | 44.6M | 44.6M | 38.9M |
| Capital Reserve | 463.0M | 509.0M | 542.0M | 566.0M | 65.5M | 65.5M | 65.5M | 65.5M | 4.2M |
| Surplus Reserve | 30.0M | 29.9M | 28.0M | 26.2M | 23.1M | 15.3M | 6.8M | 704,500 | 704,500 |
| Retained Earnings | 417.0M | 410.0M | 365.0M | 325.0M | 282.0M | 202.0M | 122.0M | 77.7M | 77.0M |
| Minority Equity | 269,000 | 451,600 | 357,500 | 274,200 | 183,500 | 132,800 | 105,900 | 103,000 | 2.3M |
| Equity Attributable | 1.0B | 1.1B | 1.0B | 976.0M | 415.0M | 327.0M | 239.0M | 189.0M | 121.0M |
| Total Equity | 1.0B | 1.1B | 1.0B | 976.0M | 416.0M | 327.0M | 239.0M | 189.0M | 123.0M |
| 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 | 501.0M | 653.0M | 671.0M | 632.0M | 564.0M | 581.0M | 519.0M | 389.0M | 262.0M |
| Tax Refunds Received | 633,100 | 593,400 | 1.4M | 365,300 | 733,200 | 495,900 | 856,900 | -- | -- |
| Total Operating Cash Inflow | 522.0M | 675.0M | 694.0M | 657.0M | 579.0M | 594.0M | 532.0M | 399.0M | 269.0M |
| Cash Paid For Goods | 171.0M | 202.0M | 242.0M | 228.0M | 196.0M | 183.0M | 196.0M | 98.4M | 43.0M |
| Cash Paid To Employees | 342.0M | 352.0M | 323.0M | 274.0M | 224.0M | 227.0M | 194.0M | 171.0M | 113.0M |
| Taxes Paid | 33.7M | 30.2M | 36.3M | 32.5M | 33.9M | 34.8M | 32.6M | 28.6M | 25.3M |
| Total Operating Cash Outflow | 591.0M | 622.0M | 633.0M | 578.0M | 487.0M | 485.0M | 456.0M | 334.0M | 217.0M |
| Operating Cash Flow | -68.3M | 52.2M | 61.7M | 78.9M | 91.6M | 109.0M | 75.4M | 64.7M | 52.2M |
| Total Investing Cash Inflow | 646.0M | 382.0M | 491.0M | 390.0M | 336.71 | 872.23 | 91,000 | -- | -- |
| Total Investing Cash Outflow | 652.0M | 382.0M | 495.0M | 391.0M | 442,700 | 1.2M | 1.4M | 3.8M | 4.0M |
| Investing Cash Flow | -6.3M | 468,800 | -3.0M | -543,400 | -442,300 | -1.2M | -1.3M | -3.8M | -4.0M |
| Cash From Borrowings | 10.0M | 15.0M | 10.0M | 42.0M | 51.0M | 65.9M | 85.6M | 90.0M | 53.0M |
| Dividends And Interest Paid | 14.1M | 12.6M | 16.2M | 25.1M | 22.4M | 24.1M | 38.9M | 31.7M | 565,600 |
| Debt Repayments | 15.0M | 10.0M | 42.0M | 51.0M | 60.5M | 61.0M | 80.0M | 63.0M | 35.0M |
| Total Financing Cash Inflow | 10.0M | 15.0M | 10.0M | 566.0M | 51.0M | 65.9M | 85.6M | 104.0M | 55.5M |
| Total Financing Cash Outflow | 85.5M | 29.4M | 64.2M | 91.0M | 82.9M | 85.1M | 119.0M | 99.9M | 35.6M |
| Financing Cash Flow | -75.5M | -14.4M | -54.2M | 475.0M | -31.9M | -19.2M | -33.3M | 3.6M | 19.9M |
| Net Change In Cash | -150.0M | 38.2M | 4.4M | 553.0M | 59.2M | 88.7M | 40.8M | 64.5M | 68.1M |
| Ending Cash Balance | 790.0M | 940.0M | 902.0M | 897.0M | 344.0M | 285.0M | 196.0M | 155.0M | 90.9M |
| Capex | 1.2M | 1.8M | 6.5M | 3.7M | 442,700 | 1.2M | 1.4M | 3.8M | 4.0M |