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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.6B | 1.6B | 1.6B | 1.3B | 964.0M | 541.0M | 508.0M | 319.0M | 181.0M | 156.0M | 177.0M | 77.9M |
| Revenue Growth % | -2.4% | 3.7% | 25.6% | 31.2% | 78.2% | 6.5% | 59.2% | 76.2% | 16.0% | -11.9% | 127.2% | -- |
| Total Revenue | 1.6B | 1.6B | 1.6B | 1.3B | 964.0M | 541.0M | 508.0M | 319.0M | 181.0M | 156.0M | 177.0M | 77.9M |
| Cost Of Revenue | 946.0M | 965.0M | 945.0M | 728.0M | 555.0M | 294.0M | 258.0M | 166.0M | 75.9M | 73.1M | 80.0M | 28.8M |
| Gross Profit | 663.0M | 683.0M | 644.0M | 537.0M | 409.0M | 247.0M | 250.0M | 153.0M | 105.1M | 82.9M | 97.0M | 49.1M |
| Gross Margin % | 41.2% | 41.4% | 40.5% | 42.5% | 42.4% | 45.7% | 49.2% | 48.0% | 58.0% | 53.2% | 54.8% | 63.0% |
| Total Operating Cost | 1.5B | 1.5B | 1.5B | 1.2B | 889.0M | 479.0M | 427.0M | 285.0M | 162.0M | 135.0M | 139.0M | 62.0M |
| Selling Expenses | 167.0M | 165.0M | 175.0M | 155.0M | 136.0M | 83.2M | 61.5M | 34.6M | 23.8M | 15.4M | 15.3M | 9.2M |
| Admin Expenses | 100.0M | 82.2M | 74.2M | 68.0M | 40.0M | 20.6M | 18.4M | 14.4M | 14.2M | 45.3M | 40.6M | 22.6M |
| Rd Expenses | 251.0M | 231.0M | 242.0M | 217.0M | 155.0M | 94.7M | 79.6M | 59.6M | 47.4M | -- | -- | -- |
| Finance Expenses | 5.6M | 3.8M | -8.5M | -7.6M | -11.4M | -22.4M | -3.6M | 5.6M | -2.0M | -595,600 | 949,100 | 786,200 |
| Operating Income | 105.0M | 219.0M | 145.0M | 130.0M | 109.0M | 85.8M | 98.4M | 53.3M | 19.1M | 21.1M | 38.9M | 16.2M |
| Operating Margin % | 6.5% | 13.3% | 9.1% | 10.3% | 11.3% | 15.9% | 19.4% | 16.7% | 10.6% | 13.5% | 22.0% | 20.8% |
| Non Operating Income | 1.6M | 6.5M | 1.5M | 961,700 | 687,400 | 607,100 | 352,000 | 684,000 | 14.4M | 8.8M | 12.4M | 5.1M |
| Non Operating Expenses | 385,700 | 851,500 | 507,600 | 21,100 | 196,400 | 61,700 | 543,700 | 718,000 | 109,800 | 122,900 | 111,900 | 200.00 |
| Investment Income | -9.4M | 40.7M | -27.7M | 17.7M | 7.6M | 291,900 | 360,300 | 665,600 | 489,000 | 320,900 | 954,400 | 380,800 |
| Fair Value Change Income | -5.4M | 1.8M | 1.1M | -7.8M | 6.6M | -1.5M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 106,300 | -272,200 | 11.4M | 18,100 | -- | -- | -143,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 18.3M | 30.0M | 23.6M | 11.7M | 5.6M | 2.3M | 9.8M | 2.7M | 657,300 | 634,400 | 837,400 | 358,900 |
| Other Income | 38.5M | 24.8M | 34.5M | 37.6M | 20.4M | 25.2M | 16.7M | 18.8M | -- | -- | -- | -- |
| Income Before Tax | 106.0M | 225.0M | 146.0M | 131.0M | 110.0M | 86.3M | 98.2M | 53.2M | 33.4M | 29.8M | 51.1M | 21.3M |
| Income Tax | -18.2M | 9.5M | -6.0M | -3.5M | 2.5M | 3.1M | 3.7M | 1.7M | 1.9M | 2.1M | -640,400 | 390,400 |
| Net Income | 125.0M | 215.0M | 152.0M | 134.0M | 107.0M | 83.2M | 94.5M | 51.6M | 31.5M | 27.7M | 51.8M | 21.0M |
| Net Margin % | 7.8% | 13.0% | 9.6% | 10.6% | 11.1% | 15.4% | 18.6% | 16.2% | 17.4% | 17.8% | 29.2% | 26.9% |
| Net Income Attributable | 125.0M | 215.0M | 152.0M | 134.0M | 107.0M | 83.2M | 94.5M | 51.6M | 31.5M | 27.7M | 51.8M | 21.0M |
| Minority Interest | -150,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.65 | 1.12 | 0.80 | 0.71 | 0.56 | 0.50 | 0.66 | 0.37 | 0.23 | 0.21 | 0.81 | 0.65 |
| Eps Diluted | 0.65 | 1.11 | 0.80 | 0.71 | 0.56 | 0.50 | 0.66 | 0.37 | 0.23 | 0.21 | 0.81 | -- |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 499.0M | 372.0M | 346.0M | 331.0M | 727.0M | 1.3B | 241.0M | 133.0M | 73.3M | 88.2M | 15.1M | 6.2M |
| Trading Financial Assets | -- | 13.0M | 21.1M | 296.0M | 402.0M | -- | -- | -- | -- | 1.2M | 28.6M | 8.0M |
| Accounts Receivable | 624.0M | 513.0M | 491.0M | 302.0M | 224.0M | 124.0M | 58.7M | 64.3M | 48.2M | 31.0M | 14.6M | 5.2M |
| Notes Receivable | 6.5M | 2.6M | 51.3M | 141.0M | -- | 180,000 | 4.7M | 4.3M | 594,000 | 484,600 | 50,200 | 300,000 |
| Notes And Accounts Receivable | 630.0M | 515.0M | 543.0M | 442.0M | 224.0M | 124.0M | 63.4M | 68.6M | 48.8M | 31.5M | 14.7M | 5.5M |
| Prepayments | 9.1M | 11.0M | 34.7M | 35.9M | 9.7M | 2.0M | 2.8M | 2.5M | 2.2M | 1.3M | 2.2M | 2.8M |
| Inventory | 884.0M | 863.0M | 879.0M | 687.0M | 394.0M | 248.0M | 216.0M | 132.0M | 55.9M | 57.7M | 53.5M | 29.7M |
| Total Current Assets | 2.3B | 2.0B | 1.9B | 1.9B | 1.8B | 1.7B | 529.0M | 341.0M | 181.0M | 181.0M | 117.0M | 59.1M |
| Long Term Equity Investment | 8.9M | 15.5M | 6.1M | 18.8M | 48.6M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 570.0M | 331.0M | 161.0M | 149.0M | 132.0M | 51.0M | -- | -- | 50.7M | 17.2M | 17.5M |
| Fixed Assets Total | 588.0M | 570.0M | 331.0M | 161.0M | 149.0M | 132.0M | 51.0M | 49.2M | 50.5M | 50.7M | 17.2M | 17.5M |
| Construction In Progress | -- | 15.4M | 159.0M | 110.0M | 18.8M | 319,900 | 5.1M | -- | -- | -- | 10.3M | -- |
| Construction In Progress Total | 8.2M | 15.4M | 159.0M | 110.0M | 18.8M | 319,900 | 5.1M | 19,400 | -- | -- | 10.3M | -- |
| Intangible Assets | 214.0M | 151.0M | 112.0M | 83.9M | 43.3M | 43.3M | 45.5M | 11.0M | 12.1M | 13.8M | 11.1M | 13.3M |
| Long Term Deferred Expenses | 3.4M | 4.5M | 3.5M | 2.8M | 2.6M | 368,400 | 28,900 | 44,000 | 327,500 | 552,800 | 932,600 | 1.3M |
| Total Non Current Assets | 1.4B | 1.2B | 1.0B | 641.0M | 301.0M | 180.0M | 106.0M | 63.9M | 64.7M | 66.6M | 42.3M | 32.2M |
| Total Assets | 3.6B | 3.2B | 2.9B | 2.6B | 2.1B | 1.9B | 635.0M | 405.0M | 245.0M | 248.0M | 160.0M | 91.3M |
| Short Term Borrowings | 97.1M | 95.1M | 186.0M | 152.0M | 65.6M | -- | -- | -- | 5.0M | 15.0M | 5.0M | 5.0M |
| Accounts Payable | 357.0M | 343.0M | 309.0M | 210.0M | 127.0M | 119.0M | 54.0M | -- | -- | 31.0M | 18.0M | 11.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 36.9M | 61.5M | 22.4M | 4.9M | 9.7M | 13.2M | 10.3M |
| Contract Liabilities | 163.0M | 184.0M | 171.0M | 135.0M | 119.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.2B | 1.0B | 996.0M | 880.0M | 548.0M | 255.0M | 208.0M | 126.0M | 49.8M | 70.9M | 52.6M | 31.1M |
| Long Term Borrowings | 465.0M | 202.0M | 195.0M | 128.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 520.0M | 261.0M | 248.0M | 171.0M | 26.5M | 8.4M | 7.9M | 9.5M | -- | -- | -- | -- |
| Total Liabilities | 1.7B | 1.3B | 1.2B | 1.1B | 574.0M | 264.0M | 216.0M | 136.0M | 49.8M | 70.9M | 52.6M | 31.1M |
| Paid In Capital | 194.0M | 192.0M | 195.0M | 194.0M | 194.0M | 194.0M | 145.0M | 140.0M | 137.0M | 68.3M | 32.0M | 32.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 1.2B | 118.0M | 44.9M | 5.8M | 73.4M | -- | -- |
| Surplus Reserve | 91.2M | 85.6M | 65.0M | 52.3M | 39.2M | 30.8M | 24.6M | 15.3M | 10.3M | 4.8M | 3.8M | 2.8M |
| Retained Earnings | 462.0M | 458.0M | 321.0M | 257.0M | 269.0M | 209.0M | 132.0M | 68.4M | 42.9M | 30.6M | 71.1M | 25.4M |
| Minority Equity | 4.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 1.9B | 1.7B | 1.5B | 1.5B | 1.6B | 419.0M | 269.0M | 196.0M | 177.0M | 107.0M | 60.1M |
| Total Equity | 1.9B | 1.9B | 1.7B | 1.5B | 1.5B | 1.6B | 419.0M | 269.0M | 196.0M | 177.0M | 107.0M | 60.1M |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.4B | 1.6B | 1.4B | 978.0M | 902.0M | 462.0M | 571.0M | 326.0M | 170.0M | 150.0M | 191.0M | 90.9M |
| Tax Refunds Received | 15.2M | 24.0M | 52.8M | 53.1M | 33.4M | 14.8M | 43.0M | 16.1M | 5.0M | 7.9M | 8.6M | 2.1M |
| Total Operating Cash Inflow | 1.5B | 1.7B | 1.5B | 1.1B | 973.0M | 512.0M | 624.0M | 367.0M | 186.0M | 168.0M | 214.0M | 96.5M |
| Cash Paid For Goods | 864.0M | 840.0M | 1.0B | 793.0M | 571.0M | 283.0M | 339.0M | 188.0M | 73.1M | 68.3M | 103.0M | 41.3M |
| Cash Paid To Employees | 455.0M | 411.0M | 453.0M | 307.0M | 224.0M | 158.0M | 117.0M | 76.8M | 58.5M | 48.2M | 31.5M | 14.8M |
| Taxes Paid | 98.9M | 100.0M | 60.0M | 42.1M | 25.0M | 26.8M | 24.6M | 19.5M | 13.2M | 12.5M | 12.5M | 6.2M |
| Total Operating Cash Outflow | 1.5B | 1.5B | 1.7B | 1.3B | 921.0M | 521.0M | 526.0M | 316.0M | 170.0M | 151.0M | 171.0M | 78.0M |
| Operating Cash Flow | -8.2M | 230.0M | -115.0M | -164.0M | 51.6M | -9.5M | 98.3M | 51.6M | 15.6M | 16.7M | 42.8M | 18.5M |
| Total Investing Cash Inflow | 630.0M | 584.0M | 856.0M | 1.9B | 1.9B | 65.7M | 567,300 | 665,600 | 2.1M | 27.8M | 1.4M | 380,800 |
| Total Investing Cash Outflow | 742.0M | 749.0M | 706.0M | 1.8B | 1.8B | 1.1B | 47.8M | 6.6M | 9.8M | 23.9M | 35.1M | 4.2M |
| Investing Cash Flow | -112.0M | -166.0M | 150.0M | 61.0M | 187.0M | -1.0B | -47.2M | -6.0M | -7.8M | 3.8M | -33.7M | -3.9M |
| Cash From Borrowings | 756.0M | 493.0M | 358.0M | 288.0M | 68.5M | -- | -- | -- | 5.0M | 15.0M | 23.2M | 5.0M |
| Dividends And Interest Paid | 131.0M | 71.7M | 84.1M | 136.0M | 38.7M | -- | 21.8M | 21.2M | 13.8M | 35.4M | 5.7M | 10.8M |
| Debt Repayments | 336.0M | 515.0M | 261.0M | 78.2M | -- | -- | -- | 5.0M | 15.0M | 5.0M | 23.2M | 14.5M |
| Total Financing Cash Inflow | 779.0M | 509.0M | 379.0M | 288.0M | 108.0M | 1.2B | 97.1M | 50.5M | 11.7M | 92.4M | 23.2M | 5.0M |
| Total Financing Cash Outflow | 498.0M | 587.0M | 345.0M | 273.0M | 272.0M | 46.1M | 52.6M | 39.3M | 31.8M | 40.4M | 28.8M | 25.3M |
| Financing Cash Flow | 281.0M | -78.5M | 33.7M | 15.2M | -164.0M | 1.1B | 44.4M | 11.2M | -20.2M | 52.0M | -5.7M | -20.3M |
| Net Change In Cash | 161.0M | -17.7M | 34.7M | -92.0M | 66.8M | 79.1M | 95.7M | 54.6M | -11.3M | 73.5M | 3.4M | -5.6M |
| Ending Cash Balance | 454.0M | 293.0M | 311.0M | 276.0M | 368.0M | 301.0M | 222.0M | 126.0M | 71.8M | 83.1M | 9.6M | 6.2M |
| Capex | 124.0M | 186.0M | 165.0M | 155.0M | 68.4M | 43.4M | 47.8M | 6.6M | 9.8M | 23.9M | 14.5M | 3.2M |