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 | 1.5B | 1.2B | 1.2B | 1.2B | 854.0M |
| Revenue Growth % | 18.6% | 4.5% | -2.2% | 40.4% | -- |
| Total Revenue | 1.5B | 1.2B | 1.2B | 1.2B | 854.0M |
| Cost Of Revenue | 906.0M | 722.0M | 755.0M | 781.0M | 590.0M |
| Gross Profit | 548.0M | 504.0M | 418.0M | 418.0M | 264.0M |
| Gross Margin % | 37.7% | 41.1% | 35.6% | 34.9% | 30.9% |
| Total Operating Cost | 1.4B | 1.2B | 1.1B | 1.1B | 845.0M |
| Selling Expenses | 113.0M | 96.3M | 95.4M | 79.9M | 55.9M |
| Admin Expenses | 123.0M | 104.0M | 85.5M | 90.2M | 54.9M |
| Rd Expenses | 168.0M | 156.0M | 166.0M | 144.0M | 101.0M |
| Finance Expenses | -14.6M | -1.8M | -15.5M | 13.8M | 25.3M |
| Operating Income | 130.0M | 120.0M | 80.1M | 107.0M | 49.6M |
| Operating Margin % | 8.9% | 9.8% | 6.8% | 8.9% | 5.8% |
| Non Operating Income | 4,500 | 227,400 | 314,800 | 60,000 | 4,900 |
| Non Operating Expenses | 1.8M | 2.8M | 754,100 | 5.0M | 3.2M |
| Investment Income | 17.4M | 17.0M | 3.7M | 15.8M | 19.1M |
| Fair Value Change Income | 8.1M | 637,600 | 1.4M | 997,200 | 771,000 |
| Asset Disposal Income | 6.7M | -829,100 | 40,200 | -65,800 | -405,500 |
| Asset Impairment Loss | 68.9M | 64.6M | 29.8M | 17.3M | 10.3M |
| Other Income | 27.6M | 35.4M | 33.5M | 27.9M | 21.2M |
| Income Before Tax | 128.0M | 118.0M | 79.7M | 102.0M | 46.4M |
| Income Tax | 4.3M | 13.5M | 3.4M | 10.9M | 2.4M |
| Net Income | 124.0M | 104.0M | 76.2M | 90.8M | 44.0M |
| Net Margin % | 8.5% | 8.5% | 6.5% | 7.6% | 5.2% |
| Net Income Attributable | 133.0M | 107.0M | 76.8M | 91.3M | 44.3M |
| Minority Interest | -8.7M | -3.2M | -583,800 | -426,100 | -287,800 |
| Eps Basic | 1.40 | 1.14 | 0.82 | 0.99 | 0.48 |
| Eps Diluted | 1.40 | 1.14 | 0.82 | 0.99 | 0.48 |
| 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 | 325.0M | 411.0M | 301.0M | 341.0M | 717.0M |
| Trading Financial Assets | 5.0M | 30.2M | -- | 181.0M | 266.0M |
| Accounts Receivable | 507.0M | 368.0M | 377.0M | 301.0M | 230.0M |
| Notes Receivable | 93.0M | 66.2M | 53.4M | 72.8M | 47.6M |
| Notes And Accounts Receivable | 600.0M | 435.0M | 431.0M | 374.0M | 277.0M |
| Prepayments | 9.8M | 9.1M | 9.4M | 11.5M | 3.4M |
| Inventory | 696.0M | 659.0M | 697.0M | 584.0M | 472.0M |
| Total Current Assets | 1.9B | 1.7B | 1.7B | 1.6B | 1.8B |
| Long Term Equity Investment | 119.0M | 101.0M | 76.8M | 34.7M | 15.8M |
| Fixed Assets | -- | 365.0M | 303.0M | 288.0M | 85.7M |
| Fixed Assets Total | 351.0M | 365.0M | 303.0M | 288.0M | 85.7M |
| Construction In Progress | -- | 42.2M | 75.6M | 41.1M | 197.0M |
| Construction In Progress Total | 74.5M | 42.2M | 75.6M | 41.1M | 197.0M |
| Intangible Assets | 92.9M | 91.2M | 96.1M | 90.8M | 15.9M |
| Long Term Deferred Expenses | 49.0M | 54.9M | 48.0M | 52.4M | 16.5M |
| Total Non Current Assets | 874.0M | 802.0M | 777.0M | 665.0M | 370.0M |
| Total Assets | 2.8B | 2.5B | 2.4B | 2.3B | 2.2B |
| Short Term Borrowings | 30.0M | 30.0M | 30.0M | 60.1M | 50.1M |
| Accounts Payable | 322.0M | 211.0M | 185.0M | 234.0M | 238.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 82.1M | 90.9M | 66.8M | 50.8M | 41.3M |
| Total Current Liabilities | 674.0M | 549.0M | 514.0M | 509.0M | 535.0M |
| Long Term Borrowings | 13.3M | 5.1M | 50.4M | 4.0M | -- |
| Total Non Current Liabilities | 44.1M | 41.0M | 99.1M | 65.4M | 13.0M |
| Total Liabilities | 718.0M | 590.0M | 613.0M | 575.0M | 548.0M |
| Paid In Capital | 95.0M | 95.0M | 93.8M | 92.9M | 92.4M |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 1.3B | 1.3B |
| Surplus Reserve | 46.1M | 35.9M | 28.8M | 25.1M | 21.0M |
| Retained Earnings | 512.0M | 423.0M | 346.0M | 301.0M | 227.0M |
| Minority Equity | 3.5M | 12.7M | -160,600 | 418,400 | 378,100 |
| Equity Attributable | 2.0B | 1.9B | 1.8B | 1.7B | 1.6B |
| Total Equity | 2.0B | 2.0B | 1.8B | 1.7B | 1.6B |
| 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 | 1.4B | 1.4B | 1.2B | 1.2B | 906.0M |
| Tax Refunds Received | 13.8M | 13.9M | 24.1M | 14.5M | 56.6M |
| Total Operating Cash Inflow | 1.4B | 1.4B | 1.2B | 1.3B | 976.0M |
| Cash Paid For Goods | 813.0M | 693.0M | 847.0M | 1.0B | 592.0M |
| Cash Paid To Employees | 378.0M | 353.0M | 320.0M | 271.0M | 180.0M |
| Taxes Paid | 80.9M | 55.6M | 57.5M | 59.1M | 31.0M |
| Total Operating Cash Outflow | 1.4B | 1.2B | 1.3B | 1.4B | 885.0M |
| Operating Cash Flow | 78.5M | 234.0M | -97.3M | -162.0M | 91.3M |
| Total Investing Cash Inflow | 266.0M | 290.0M | 606.0M | 1.0B | 2.1B |
| Total Investing Cash Outflow | 339.0M | 420.0M | 568.0M | 1.2B | 2.2B |
| Investing Cash Flow | -72.9M | -131.0M | 37.7M | -200.0M | -64.9M |
| Cash From Borrowings | 40.8M | 34.0M | 80.0M | 114.0M | 80.0M |
| Dividends And Interest Paid | 34.9M | 27.6M | 31.2M | 15.5M | 22.3M |
| Debt Repayments | 78.8M | 33.0M | 61.0M | 100.0M | 80.0M |
| Total Financing Cash Inflow | 58.7M | 84.4M | 110.0M | 129.0M | 80.7M |
| Total Financing Cash Outflow | 155.0M | 92.4M | 110.0M | 134.0M | 102.0M |
| Financing Cash Flow | -96.8M | -7.9M | 58,500 | -5.1M | -21.6M |
| Net Change In Cash | -87.6M | 93.7M | -51.1M | -373.0M | -23.1M |
| Ending Cash Balance | 291.0M | 379.0M | 285.0M | 336.0M | 710.0M |
| Capex | 91.9M | 86.3M | 94.5M | 215.0M | 186.0M |