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 |
|---|---|---|---|---|---|
| Revenue | 814.0M | 789.0M | 887.0M | 771.0M | 527.0M |
| Revenue Growth % | 3.2% | -11.0% | 15.0% | 46.3% | -- |
| Total Revenue | 814.0M | 789.0M | 887.0M | 771.0M | 527.0M |
| Cost Of Revenue | 616.0M | 578.0M | 663.0M | 577.0M | 365.0M |
| Gross Profit | 198.0M | 211.0M | 224.0M | 194.0M | 162.0M |
| Gross Margin % | 24.3% | 26.7% | 25.3% | 25.2% | 30.7% |
| Total Operating Cost | 685.0M | 637.0M | 722.0M | 619.0M | 396.0M |
| Selling Expenses | 341,000 | 239,900 | -- | -- | -- |
| Admin Expenses | 25.1M | 26.6M | 20.3M | 23.3M | 17.8M |
| Rd Expenses | 17.4M | 10.9M | 10.7M | 1.2M | -- |
| Finance Expenses | 4.9M | 205,000 | -902,900 | 4.1M | 10.0M |
| Operating Income | 176.0M | 154.0M | 174.0M | 162.0M | 142.0M |
| Operating Margin % | 21.6% | 19.5% | 19.6% | 21.0% | 26.9% |
| Non Operating Income | 1.0M | 19.5M | 7.1M | 3.4M | 3.8M |
| Non Operating Expenses | 1.7M | 225,200 | 1.2M | 101,300 | 69,800 |
| Investment Income | -778,800 | -377,300 | 164,500 | 246,300 | -196,400 |
| Fair Value Change Income | -- | -- | 960,100 | 560,300 | -- |
| Asset Disposal Income | 42.9M | 5,300 | -5,000 | 1.1M | -- |
| Asset Impairment Loss | 2.5M | 1.7M | 16.7M | -- | -- |
| Other Income | 4.0M | 2.6M | 8.5M | 8.5M | 11.6M |
| Income Before Tax | 175.0M | 174.0M | 180.0M | 166.0M | 146.0M |
| Income Tax | 38.4M | 38.4M | 43.3M | 41.0M | 36.4M |
| Net Income | 137.0M | 135.0M | 137.0M | 125.0M | 109.0M |
| Net Margin % | 16.8% | 17.1% | 15.4% | 16.2% | 20.7% |
| Net Income Attributable | 137.0M | 136.0M | 137.0M | 125.0M | 109.0M |
| Minority Interest | -37,300 | -514,200 | -166,100 | -- | -- |
| Eps Basic | 0.49 | 0.49 | 0.49 | 0.75 | 0.73 |
| Eps Diluted | 0.49 | 0.49 | 0.49 | 0.75 | 0.73 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 102.0M | 163.0M | 206.0M | 90.2M | 32.7M |
| Trading Financial Assets | -- | -- | -- | 221.0M | -- |
| Accounts Receivable | 158.0M | 183.0M | 207.0M | 194.0M | 94.2M |
| Notes Receivable | 6.4M | 6.3M | 12.6M | 4.4M | 700,000 |
| Notes And Accounts Receivable | 164.0M | 189.0M | 219.0M | 199.0M | 94.9M |
| Prepayments | 450,300 | 371,700 | 5.3M | 322,400 | 3.5M |
| Inventory | 80.5M | 31.7M | 56.1M | 31.2M | 38.8M |
| Total Current Assets | 456.0M | 470.0M | 571.0M | 559.0M | 200.0M |
| Long Term Equity Investment | 16.5M | 16.7M | 8.4M | -- | -- |
| Fixed Assets | -- | 414.0M | 382.0M | 427.0M | 471.0M |
| Fixed Assets Total | 692.0M | 414.0M | 382.0M | 427.0M | 471.0M |
| Construction In Progress | -- | 383.0M | 94.8M | 8.2M | 2.1M |
| Construction In Progress Total | 194.0M | 383.0M | 94.8M | 8.2M | 2.1M |
| Intangible Assets | 57.3M | 52.9M | 43.8M | 16.5M | 15.9M |
| Long Term Deferred Expenses | 1.5M | 5.0M | 4.7M | 2.1M | -- |
| Total Non Current Assets | 989.0M | 898.0M | 575.0M | 489.0M | 492.0M |
| Total Assets | 1.4B | 1.4B | 1.1B | 1.0B | 693.0M |
| Short Term Borrowings | 224.0M | 208.0M | 76.6M | 50.1M | 238.0M |
| Accounts Payable | 65.1M | 27.4M | 61.8M | 86.1M | 34.1M |
| Advance Receipts | 56,300 | 38,400 | 48,900 | -- | -- |
| Contract Liabilities | 4.3M | 5.9M | 3.7M | 3.8M | 2.2M |
| Total Current Liabilities | 361.0M | 295.0M | 191.0M | 190.0M | 322.0M |
| Long Term Borrowings | 46.9M | 81.0M | 10.0M | -- | -- |
| Total Non Current Liabilities | 94.7M | 123.0M | 20.6M | 11.1M | 12.5M |
| Total Liabilities | 455.0M | 417.0M | 212.0M | 202.0M | 334.0M |
| Paid In Capital | 280.0M | 280.0M | 200.0M | 200.0M | 150.0M |
| Capital Reserve | 269.0M | 269.0M | 349.0M | 349.0M | 34.9M |
| Surplus Reserve | 72.9M | 61.0M | 47.6M | 35.1M | 25.1M |
| Retained Earnings | 317.0M | 290.0M | 288.0M | 263.0M | 148.0M |
| Minority Equity | 49.3M | 49.3M | 49.8M | -- | -- |
| Equity Attributable | 940.0M | 902.0M | 885.0M | 847.0M | 358.0M |
| Total Equity | 989.0M | 951.0M | 934.0M | 847.0M | 358.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 866.0M | 762.0M | 824.0M | 633.0M | 452.0M |
| Tax Refunds Received | 6,400 | 644,200 | 16.0M | 6.8M | 7.7M |
| Total Operating Cash Inflow | 911.0M | 856.0M | 874.0M | 661.0M | 473.0M |
| Cash Paid For Goods | 663.0M | 516.0M | 694.0M | 408.0M | 302.0M |
| Cash Paid To Employees | 36.7M | 32.3M | 26.1M | 21.3M | 18.9M |
| Taxes Paid | 74.5M | 58.6M | 77.9M | 49.9M | 32.0M |
| Total Operating Cash Outflow | 820.0M | 654.0M | 825.0M | 505.0M | 368.0M |
| Operating Cash Flow | 91.1M | 203.0M | 48.9M | 155.0M | 104.0M |
| Total Investing Cash Inflow | 63.7M | 20,000 | 459.0M | 123.0M | -- |
| Total Investing Cash Outflow | 113.0M | 322.0M | 376.0M | 394.0M | 43.4M |
| Investing Cash Flow | -49.5M | -322.0M | 83.2M | -271.0M | -43.4M |
| Cash From Borrowings | 232.0M | 309.0M | 117.0M | 159.0M | 307.0M |
| Dividends And Interest Paid | 107.0M | 125.0M | 103.0M | 5.7M | 63.5M |
| Debt Repayments | 227.0M | 108.0M | 80.0M | 347.0M | 285.0M |
| Total Financing Cash Inflow | 232.0M | 346.0M | 178.0M | 549.0M | 307.0M |
| Total Financing Cash Outflow | 335.0M | 270.0M | 195.0M | 376.0M | 355.0M |
| Financing Cash Flow | -102.0M | 76.0M | -16.7M | 173.0M | -48.0M |
| Net Change In Cash | -60.4M | -43.2M | 115.0M | 57.5M | 12.8M |
| Ending Cash Balance | 102.0M | 163.0M | 206.0M | 90.2M | 32.7M |
| Capex | 113.0M | 308.0M | 139.0M | 53.7M | 43.4M |