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 | 679.0M | 603.0M | 414.0M | 326.0M | 242.0M |
| Revenue Growth % | 12.6% | 45.7% | 27.0% | 34.7% | -- |
| Total Revenue | 679.0M | 603.0M | 414.0M | 326.0M | 242.0M |
| Cost Of Revenue | 366.0M | 331.0M | 223.0M | 165.0M | 128.0M |
| Gross Profit | 313.0M | 272.0M | 191.0M | 161.0M | 114.0M |
| Gross Margin % | 46.1% | 45.1% | 46.1% | 49.4% | 47.1% |
| Total Operating Cost | 589.0M | 519.0M | 353.0M | 271.0M | 189.0M |
| Selling Expenses | 80.3M | 63.6M | 39.0M | 25.3M | 14.8M |
| Admin Expenses | 65.8M | 64.0M | 53.3M | 53.0M | 33.4M |
| Rd Expenses | 51.1M | 45.7M | 32.9M | 28.2M | 17.8M |
| Finance Expenses | 415,500 | -5.4M | -2.2M | -3.3M | -7.6M |
| Operating Income | 114.0M | 107.0M | 68.2M | 59.6M | 57.5M |
| Operating Margin % | 16.8% | 17.7% | 16.5% | 18.3% | 23.8% |
| Non Operating Income | 129,800 | 74,700 | 79,200 | 3.0M | 99,700 |
| Non Operating Expenses | 502,800 | 400,800 | 176,400 | 289,000 | 352,900 |
| Investment Income | -373,400 | 217,000 | -92,200 | -20,400 | 320,200 |
| Asset Disposal Income | 24,500 | 105,400 | 99,200 | -- | -9,200 |
| Asset Impairment Loss | 16.9M | 11.1M | 2.9M | 906,300 | 289,600 |
| Other Income | 24.7M | 22.5M | 7.2M | 5.2M | 4.6M |
| Income Before Tax | 113.0M | 107.0M | 68.1M | 62.4M | 57.2M |
| Income Tax | 15.3M | 9.9M | 6.3M | 7.9M | 7.7M |
| Net Income | 98.1M | 97.0M | 61.7M | 54.5M | 49.5M |
| Net Margin % | 14.5% | 16.1% | 14.9% | 16.7% | 20.5% |
| Net Income Attributable | 99.2M | 97.4M | 62.8M | 54.5M | 49.5M |
| Minority Interest | -1.0M | -346,700 | -1.1M | -- | -- |
| Eps Basic | 0.65 | 0.64 | 0.51 | 0.68 | 0.62 |
| Eps Diluted | 0.65 | 0.64 | 0.51 | 0.68 | 0.62 |
| 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 | 265.0M | 237.0M | 454.0M | 306.0M | 421.0M |
| Accounts Receivable | 180.0M | 212.0M | 160.0M | 60.1M | 49.7M |
| Notes Receivable | 26.5M | 24.8M | 27.8M | 33.4M | 30.5M |
| Notes And Accounts Receivable | 207.0M | 237.0M | 187.0M | 93.4M | 80.1M |
| Prepayments | 3.6M | 12.3M | 10.8M | 7.0M | 3.0M |
| Inventory | 299.0M | 272.0M | 191.0M | 98.7M | 62.4M |
| Total Current Assets | 816.0M | 790.0M | 872.0M | 516.0M | 583.0M |
| Long Term Equity Investment | 20.9M | 20.8M | 14.8M | 9.9M | -- |
| Fixed Assets | -- | 618.0M | 564.0M | 250.0M | 223.0M |
| Fixed Assets Total | 848.0M | 618.0M | 564.0M | 250.0M | 223.0M |
| Construction In Progress | -- | 170.0M | 106.0M | 60.1M | 37.8M |
| Construction In Progress Total | 80.7M | 170.0M | 106.0M | 60.1M | 37.8M |
| Intangible Assets | 73.5M | 74.7M | 77.1M | 46.4M | 32.1M |
| Long Term Deferred Expenses | 6.1M | 5.9M | 1.9M | 440,100 | -- |
| Total Non Current Assets | 1.5B | 1.3B | 1.2B | 416.0M | 316.0M |
| Total Assets | 2.3B | 2.1B | 2.1B | 931.0M | 898.0M |
| Short Term Borrowings | 40.5M | 12.9M | 21.4M | -- | -- |
| Accounts Payable | 53.1M | 60.4M | 40.2M | 18.9M | 17.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.2M | 3.4M | 2.9M | 1.9M | 2.2M |
| Total Current Liabilities | 236.0M | 146.0M | 130.0M | 63.8M | 51.2M |
| Long Term Borrowings | 9.9M | -- | -- | -- | -- |
| Total Non Current Liabilities | 81.3M | 70.7M | 51.3M | 4.5M | 3.0M |
| Total Liabilities | 317.0M | 217.0M | 181.0M | 68.4M | 54.2M |
| Paid In Capital | 152.0M | 153.0M | 110.0M | 80.0M | 80.0M |
| Capital Reserve | 1.4B | 1.5B | 1.5B | 555.0M | 548.0M |
| Surplus Reserve | 46.6M | 41.4M | 36.2M | 32.0M | 27.1M |
| Retained Earnings | 339.0M | 299.0M | 239.0M | 196.0M | 189.0M |
| Minority Equity | 282,500 | 1.1M | 740,500 | -- | -- |
| Equity Attributable | 1.9B | 1.9B | 1.9B | 863.0M | 844.0M |
| Total Equity | 1.9B | 1.9B | 1.9B | 863.0M | 844.0M |
| 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 | 765.0M | 612.0M | 450.0M | 341.0M | 280.0M |
| Tax Refunds Received | 25.5M | 18.9M | 12.7M | 8.0M | 5.1M |
| Total Operating Cash Inflow | 823.0M | 674.0M | 492.0M | 363.0M | 295.0M |
| Cash Paid For Goods | 251.0M | 285.0M | 224.0M | 143.0M | 110.0M |
| Cash Paid To Employees | 231.0M | 197.0M | 146.0M | 105.0M | 77.8M |
| Taxes Paid | 58.4M | 50.3M | 23.2M | 20.5M | 18.9M |
| Total Operating Cash Outflow | 599.0M | 579.0M | 431.0M | 292.0M | 221.0M |
| Operating Cash Flow | 224.0M | 94.9M | 61.0M | 70.7M | 74.5M |
| Total Investing Cash Inflow | 50.9M | 6.6M | 112.0M | 616.0M | 1.4B |
| Total Investing Cash Outflow | 326.0M | 246.0M | 421.0M | 751.0M | 1.1B |
| Investing Cash Flow | -275.0M | -239.0M | -310.0M | -135.0M | 232.0M |
| Cash From Borrowings | 121.0M | 17.9M | 180.0M | -- | -- |
| Dividends And Interest Paid | 56.6M | 33.1M | 17.5M | 42.4M | 74.4M |
| Debt Repayments | 18.0M | 21.4M | 178.0M | -- | -- |
| Total Financing Cash Inflow | 122.0M | 19.9M | 666.0M | -- | -- |
| Total Financing Cash Outflow | 85.6M | 90.5M | 199.0M | 43.4M | 74.4M |
| Financing Cash Flow | 36.0M | -70.6M | 468.0M | -43.4M | -74.4M |
| Net Change In Cash | -14.8M | -214.0M | 221.0M | -108.0M | 231.0M |
| Ending Cash Balance | 221.0M | 236.0M | 450.0M | 228.0M | 337.0M |
| Capex | 229.0M | 229.0M | 228.0M | 124.0M | 103.0M |