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 | 345.0M | 345.0M | 313.0M | 292.0M | 288.0M | 292.0M | 275.0M | 226.0M | 190.0M | 129.0M | 101.0M | 89.4M |
| Revenue Growth % | 0.0% | 10.2% | 7.2% | 1.4% | -1.4% | 6.2% | 21.7% | 18.9% | 47.3% | 27.7% | 12.9% | -- |
| Total Revenue | 345.0M | 345.0M | 313.0M | 292.0M | 288.0M | 292.0M | 275.0M | 226.0M | 190.0M | 129.0M | 101.0M | 89.4M |
| Cost Of Revenue | 243.0M | 248.0M | 222.0M | 152.0M | 97.4M | 95.4M | 77.8M | 60.7M | 53.1M | 50.4M | 37.3M | 30.1M |
| Gross Profit | 102.0M | 97.0M | 91.0M | 140.0M | 190.6M | 196.6M | 197.2M | 165.3M | 136.9M | 78.6M | 63.7M | 59.3M |
| Gross Margin % | 29.6% | 28.1% | 29.1% | 47.9% | 66.2% | 67.3% | 71.7% | 73.1% | 72.1% | 60.9% | 63.1% | 66.3% |
| Total Operating Cost | 458.0M | 433.0M | 393.0M | 270.0M | 183.0M | 161.0M | 139.0M | 114.0M | 98.1M | 82.1M | 64.4M | 49.9M |
| Selling Expenses | 10.8M | 10.0M | 10.4M | 11.7M | 11.3M | 10.9M | 10.9M | 9.3M | 6.9M | 4.3M | 3.4M | 3.3M |
| Admin Expenses | 56.4M | 54.5M | 45.0M | 41.0M | 31.3M | 24.9M | 20.0M | 16.8M | 17.2M | 26.8M | 19.6M | 14.4M |
| Rd Expenses | 61.9M | 55.6M | 60.8M | 63.9M | 43.1M | 33.9M | 21.7M | 19.4M | 18.4M | -- | -- | -- |
| Finance Expenses | 4.3M | 2.4M | 20,200 | -4.2M | -907,300 | -4.3M | -4.4M | 1.9M | -1.6M | -1.3M | -594,100 | 115,000 |
| Operating Income | -89.7M | -65.3M | -65.3M | 44.1M | 142.0M | 148.0M | 143.0M | 113.0M | 92.8M | 47.7M | 36.9M | 39.5M |
| Operating Margin % | -26.0% | -18.9% | -20.9% | 15.1% | 49.3% | 50.7% | 52.0% | 50.0% | 48.8% | 37.0% | 36.6% | 44.2% |
| Non Operating Income | 46,700 | 27,400 | 49,800 | 279,000 | 3.1M | 6.6M | 16,100 | 4.5M | 3.4M | 2.4M | 540,800 | 10,900 |
| Non Operating Expenses | 113,100 | 3.0M | 21,000 | 177,900 | 2.8M | 207,500 | 936,400 | 883,800 | 33,300 | -- | 33,700 | -- |
| Investment Income | 15.6M | 14.3M | 12.0M | 18.0M | 35.8M | 14.5M | 374,200 | 110,500 | 478,600 | 464,000 | 311,100 | 42,300 |
| Fair Value Change Income | -50.00 | 17,300 | -79,100 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 62,600 | -- | -- | -- | -- | -- | 353,100 | -- | 88,000 | -- | -- | -- |
| Asset Impairment Loss | 59.9M | 56.4M | 53.6M | 4.2M | -- | -- | 9.2M | 2.0M | 1.8M | 542,600 | 3.4M | 970,500 |
| Other Income | 8.6M | 7.9M | 3.5M | 4.0M | 1.5M | 3.5M | 6.4M | 1.0M | -- | -- | -- | -- |
| Income Before Tax | -89.7M | -68.3M | -65.3M | 44.2M | 143.0M | 155.0M | 142.0M | 117.0M | 96.1M | 50.1M | 37.4M | 39.5M |
| Income Tax | -4.3M | -3.6M | -476,100 | 5.5M | 17.5M | 19.6M | 19.1M | 16.8M | 13.0M | 7.3M | 5.0M | 5.8M |
| Net Income | -85.5M | -64.7M | -64.8M | 38.7M | 125.0M | 135.0M | 123.0M | 100.0M | 83.1M | 42.8M | 32.4M | 33.7M |
| Net Margin % | -24.8% | -18.7% | -20.7% | 13.2% | 43.4% | 46.2% | 44.7% | 44.2% | 43.8% | 33.2% | 32.1% | 37.7% |
| Net Income Attributable | -91.6M | -68.7M | -68.0M | 33.1M | 119.0M | 129.0M | 117.0M | 96.3M | 79.9M | 42.8M | 32.4M | 33.7M |
| Minority Interest | 6.1M | 4.0M | 3.2M | 5.6M | 6.3M | 6.6M | 5.8M | 4.0M | 3.2M | -- | -- | -- |
| Eps Basic | -1.14 | -0.86 | -0.85 | 0.41 | 1.49 | 1.88 | 1.95 | 1.60 | 1.33 | 0.71 | -- | -- |
| Eps Diluted | -1.13 | -0.85 | -0.84 | 0.41 | 1.49 | 1.88 | 1.95 | 1.60 | 1.33 | 0.71 | -- | -- |
| 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 | 68.4M | 309.0M | 468.0M | 408.0M | 417.0M | 226.0M | 143.0M | 125.0M | 59.7M | 60.8M | 5.6M | 8.4M |
| Trading Financial Assets | 120.0M | 161.0M | 118.0M | 215.0M | 742.0M | 1.0B | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 138.0M | 111.0M | 91.2M | 118.0M | 112.0M | 124.0M | 111.0M | 105.0M | 93.7M | 81.9M | 45.8M | 30.9M |
| Notes Receivable | 48.5M | 55.0M | 67.1M | 54.1M | 19.4M | 22.3M | 50.0M | 55.3M | 35.1M | 6.8M | 8.7M | 9.6M |
| Notes And Accounts Receivable | 186.0M | 166.0M | 158.0M | 172.0M | 132.0M | 147.0M | 161.0M | 161.0M | 129.0M | 88.7M | 54.5M | 40.5M |
| Prepayments | 602,400 | 733,700 | 1.5M | 5.8M | 2.7M | 713,500 | 365,900 | 472,600 | 903,800 | 1.1M | 1.2M | 136,200 |
| Inventory | 85.4M | 61.7M | 49.4M | 51.0M | 25.6M | 27.1M | 17.9M | 13.0M | 6.5M | 4.0M | 5.2M | 3.6M |
| Total Current Assets | 830.0M | 1.0B | 1.0B | 1.1B | 1.4B | 1.4B | 362.0M | 300.0M | 197.0M | 157.0M | 123.0M | 55.7M |
| Fixed Assets | -- | 836.0M | 880.0M | 467.0M | -- | 63.5M | 46.6M | -- | -- | 27.9M | 14.4M | 15.5M |
| Fixed Assets Total | 772.0M | 836.0M | 880.0M | 467.0M | 70.3M | 63.5M | 46.6M | 41.0M | 38.2M | 27.9M | 14.4M | 15.5M |
| Construction In Progress | -- | 3.2M | 342,300 | 286.0M | -- | 1.3M | 3.5M | 1.0M | 358,300 | 671,700 | 979,700 | 132,700 |
| Construction In Progress Total | 3.2M | 4.9M | 774,000 | 299.0M | 276.0M | 1.3M | 3.5M | 1.0M | 358,300 | 671,700 | 979,700 | 132,700 |
| Intangible Assets | 31.8M | 32.9M | 33.9M | 35.0M | 35.0M | 29.9M | 1.9M | 2.4M | 3.0M | 3.5M | 4.1M | 4.7M |
| Long Term Deferred Expenses | 174,300 | 388,300 | 63,900 | 2.4M | 6.1M | 5.6M | 1.4M | 2.2M | 2.6M | 2.8M | 440,000 | 646,700 |
| Total Non Current Assets | 970.0M | 933.0M | 947.0M | 838.0M | 425.0M | 141.0M | 90.7M | 77.7M | 78.3M | 40.3M | 21.8M | 21.7M |
| Total Assets | 1.8B | 1.9B | 2.0B | 1.9B | 1.8B | 1.6B | 453.0M | 378.0M | 275.0M | 197.0M | 144.0M | 77.4M |
| Short Term Borrowings | 210.0M | 192.0M | 132.0M | 81.8M | 46.8M | 473,700 | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 66.6M | 124.0M | 167.0M | 141.0M | 51.3M | 15.9M | 8.7M | 8.1M | 8.8M | 4.7M | 6.9M | 3.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 54,100 | -- | -- | 53,600 | 71,200 | 895,600 | 228,000 |
| Contract Liabilities | 9.5M | 9.5M | 10.2M | 277,500 | 6,600 | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 317.0M | 357.0M | 332.0M | 256.0M | 120.0M | 31.2M | 22.3M | 21.0M | 18.8M | 23.6M | 19.9M | 15.7M |
| Total Non Current Liabilities | 87.6M | 85.7M | 75.7M | 35.5M | 33.9M | -- | -- | -- | -- | -- | 200,000 | -- |
| Total Liabilities | 404.0M | 443.0M | 408.0M | 292.0M | 154.0M | 31.2M | 22.3M | 21.0M | 18.8M | 23.6M | 20.1M | 15.7M |
| Paid In Capital | 80.7M | 80.6M | 80.2M | 80.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 60.0M | 31.9M | 25.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B | 104.0M | 104.0M | 104.0M | 100.0M | 29.3M | -- |
| Surplus Reserve | 40.3M | 40.3M | 40.1M | 40.0M | 40.0M | 38.5M | 27.2M | 16.7M | 7.9M | 1.0M | 6.9M | 3.7M |
| Retained Earnings | 153.0M | 259.0M | 328.0M | 411.0M | 418.0M | 341.0M | 224.0M | 166.0M | 79.0M | 9.7M | 56.1M | 33.0M |
| Minority Equity | 21.7M | 17.8M | 16.1M | 12.9M | 19.3M | 17.4M | 15.4M | 9.6M | 5.6M | 2.4M | -- | -- |
| Equity Attributable | 1.4B | 1.5B | 1.5B | 1.6B | 1.6B | 1.5B | 415.0M | 347.0M | 251.0M | 171.0M | 124.0M | 61.6M |
| Total Equity | 1.4B | 1.5B | 1.6B | 1.6B | 1.6B | 1.5B | 430.0M | 357.0M | 257.0M | 173.0M | 124.0M | 61.6M |
| 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 | 291.0M | 339.0M | 338.0M | 279.0M | 306.0M | 310.0M | 287.0M | 219.0M | 162.0M | 114.0M | 103.0M | 78.7M |
| Tax Refunds Received | 17.8M | 3.2M | 57.8M | 5.0M | 654,500 | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 330.0M | 366.0M | 452.0M | 314.0M | 352.0M | 328.0M | 297.0M | 226.0M | 168.0M | 120.0M | 107.0M | 82.0M |
| Cash Paid For Goods | 228.0M | 244.0M | 197.0M | 151.0M | 63.3M | 71.7M | 58.1M | 58.1M | 31.1M | 58.0M | 37.8M | 33.9M |
| Cash Paid To Employees | 79.0M | 64.9M | 68.8M | 57.5M | 42.6M | 38.6M | 30.5M | 25.8M | 23.0M | 12.1M | 13.2M | 7.6M |
| Taxes Paid | 15.0M | 12.5M | 10.7M | 21.3M | 33.6M | 37.8M | 51.7M | 38.9M | 40.5M | 18.0M | 15.5M | 9.8M |
| Total Operating Cash Outflow | 376.0M | 379.0M | 339.0M | 287.0M | 207.0M | 198.0M | 171.0M | 150.0M | 124.0M | 109.0M | 82.7M | 62.6M |
| Operating Cash Flow | -46.0M | -12.8M | 113.0M | 26.8M | 145.0M | 130.0M | 125.0M | 76.0M | 44.5M | 10.9M | 24.4M | 19.5M |
| Total Investing Cash Inflow | 2.8B | 3.1B | 3.5B | 3.0B | 4.2B | 2.6B | 66.0M | 15.1M | 104.0M | 91.9M | 96.2M | 10.0M |
| Total Investing Cash Outflow | 3.0B | 3.3B | 3.6B | 3.0B | 4.1B | 3.6B | 124.0M | 24.3M | 149.0M | 47.9M | 153.0M | 23.1M |
| Investing Cash Flow | -194.0M | -228.0M | -64.8M | -18.7M | 30.9M | -1.0B | -58.0M | -9.2M | -45.9M | 44.0M | -57.2M | -13.1M |
| Cash From Borrowings | 110.0M | 90.0M | 89.0M | 70.1M | 45.0M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 22.6M | 7.1M | 19.5M | 53.7M | 45.4M | 4.5M | 49.5M | 83,000 | 293,000 | 174,400 | 6.2M | 113,000 |
| Debt Repayments | 90.0M | 89.0M | 90.0M | 45.1M | -- | -- | -- | -- | -- | -- | -- | 300,000 |
| Total Financing Cash Inflow | 234.0M | 227.0M | 141.0M | 81.9M | 45.0M | 1.0B | -- | -- | -- | -- | 36.2M | -- |
| Total Financing Cash Outflow | 224.0M | 150.0M | 114.0M | 104.0M | 45.4M | 25.3M | 49.5M | 83,000 | 293,000 | 174,400 | 6.2M | 413,000 |
| Financing Cash Flow | 10.3M | 76.8M | 27.2M | -22.3M | -411,500 | 975.0M | -49.5M | -83,000 | -293,000 | -174,400 | 30.1M | -413,000 |
| Net Change In Cash | -230.0M | -164.0M | 76.9M | -14.3M | 174.0M | 82.3M | 17.9M | 65.7M | -1.1M | 55.2M | -2.8M | 5.9M |
| Ending Cash Balance | 68.4M | 299.0M | 462.0M | 385.0M | 400.0M | 226.0M | 143.0M | 125.0M | 59.7M | 60.8M | 5.6M | 8.4M |
| Capex | 81.6M | 77.5M | 172.0M | 373.0M | 277.0M | 60.8M | 21.0M | 9.3M | 46.1M | 13.2M | 2.8M | 10.1M |