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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.8B | 1.7B | 1.4B | 829.0M | 329.0M | 213.0M | 210.0M | 190.0M | 148.0M |
| Revenue Growth % | 2.2% | 24.0% | 67.1% | 152.0% | 54.5% | 1.4% | 10.5% | 28.4% | -- |
| Total Revenue | 1.8B | 1.7B | 1.4B | 829.0M | 329.0M | 213.0M | 210.0M | 190.0M | 148.0M |
| Cost Of Revenue | 1.1B | 1.1B | 853.0M | 513.0M | 189.0M | 114.0M | 112.0M | 111.0M | 85.4M |
| Gross Profit | 661.0M | 662.0M | 532.0M | 316.0M | 140.0M | 99.0M | 98.0M | 79.0M | 62.6M |
| Gross Margin % | 37.7% | 38.6% | 38.4% | 38.1% | 42.6% | 46.5% | 46.7% | 41.6% | 42.3% |
| Total Operating Cost | 1.8B | 1.6B | 1.3B | 794.0M | 330.0M | 207.0M | 200.0M | 183.0M | 150.0M |
| Selling Expenses | 89.8M | 73.4M | 104.0M | 72.7M | 37.3M | 20.6M | 17.3M | 20.0M | 19.6M |
| Admin Expenses | 249.0M | 182.0M | 142.0M | 92.5M | 57.1M | 34.0M | 28.6M | 26.9M | 22.9M |
| Rd Expenses | 297.0M | 198.0M | 152.0M | 92.5M | 45.4M | 35.1M | 34.2M | 19.8M | 16.6M |
| Finance Expenses | 8.8M | 6.7M | 4.0M | -1.6M | -4.2M | -449,000 | -743,300 | 1.6M | -528,400 |
| Operating Income | 222.0M | 279.0M | 176.0M | 75.8M | 36.3M | 26.0M | 32.8M | 30.0M | -3.4M |
| Operating Margin % | 12.7% | 16.2% | 12.7% | 9.1% | 11.0% | 12.2% | 15.6% | 15.8% | -2.3% |
| Non Operating Income | 3.9M | 3.7M | 46.2M | 182,200 | 18.1M | 5.3M | 94,000 | -- | 8.2M |
| Non Operating Expenses | 657,300 | 691,900 | -- | -- | 1.6M | -- | 6,200 | -- | -- |
| Investment Income | 9.2M | 8.6M | 10.4M | 1.1M | 11.1M | 278,600 | 1.9M | 898,200 | -- |
| Fair Value Change Income | 1.8M | -5.2M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 1.3M | 4.3M | -121,800 | -25,700 | -44,800 | -17,500 | -- | -13,900 | -776,700 |
| Asset Impairment Loss | 12.7M | 6.9M | 1.9M | 7.9M | 1.1M | -- | 6.0M | 1.9M | 5.2M |
| Other Income | 227.0M | 111.0M | 48.8M | 40.1M | 26.6M | 19.5M | 21.2M | 22.4M | -- |
| Income Before Tax | 225.0M | 282.0M | 222.0M | 76.0M | 52.8M | 31.3M | 32.9M | 30.0M | 4.8M |
| Income Tax | 23.6M | 32.3M | 22.0M | -1.4M | 4.0M | 2.0M | 2.4M | 3.7M | -144,600 |
| Net Income | 201.0M | 250.0M | 200.0M | 77.3M | 48.8M | 29.3M | 30.5M | 26.3M | 4.9M |
| Net Margin % | 11.5% | 14.6% | 14.4% | 9.3% | 14.8% | 13.7% | 14.5% | 13.8% | 3.3% |
| Net Income Attributable | 203.0M | 251.0M | 200.0M | 77.3M | 48.8M | 29.3M | 30.5M | 26.3M | 4.9M |
| Minority Interest | -1.4M | -473,900 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.01 | 1.82 | 2.27 | 0.92 | 0.58 | 0.46 | 0.48 | 0.44 | 0.08 |
| Eps Diluted | 1.01 | 1.82 | 2.27 | 0.92 | 0.58 | 0.46 | 0.48 | 0.44 | 0.08 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.6B | 743.0M | 1.1B | 232.0M | 442.0M | 330.0M | 64.1M | 82.9M | 57.1M |
| Trading Financial Assets | -- | -- | -- | -- | -- | 120.0M | -- | -- | -- |
| Accounts Receivable | 530.0M | 562.0M | 266.0M | 230.0M | 84.3M | 54.8M | 53.5M | 24.3M | 32.2M |
| Notes Receivable | 20.9M | 9.1M | 23.1M | 38.6M | 5.8M | 13.9M | 15.6M | 24.9M | 23.5M |
| Notes And Accounts Receivable | 551.0M | 571.0M | 289.0M | 268.0M | 90.2M | 68.7M | 69.1M | 49.2M | 55.7M |
| Prepayments | 12.4M | 25.8M | 72.9M | 37.9M | 49.1M | 9.0M | 3.7M | 2.9M | 2.0M |
| Inventory | 1.8B | 1.6B | 1.2B | 932.0M | 402.0M | 164.0M | 144.0M | 88.5M | 97.5M |
| Total Current Assets | 4.3B | 3.2B | 2.9B | 1.6B | 1.0B | 832.0M | 292.0M | 241.0M | 223.0M |
| Long Term Equity Investment | 559,300 | -- | -- | -- | 10.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 464.0M | 395.0M | 89.4M | 96.6M | 74.9M | 81.3M | 83.9M | 63.7M |
| Fixed Assets Total | 1.1B | 464.0M | 395.0M | 89.4M | 96.6M | 74.9M | 81.3M | 83.9M | 63.7M |
| Construction In Progress | -- | 402.0M | 54.2M | 198.0M | 49.8M | -- | -- | 1.1M | 5.0M |
| Construction In Progress Total | 49.1M | 402.0M | 54.2M | 198.0M | 49.8M | -- | -- | 1.1M | 5.0M |
| Intangible Assets | 89.7M | 84.0M | 71.6M | 56.7M | 33.6M | 6.2M | 5.1M | 4.3M | 3.9M |
| Long Term Deferred Expenses | 7.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.3B | 1.1B | 639.0M | 378.0M | 194.0M | 99.1M | 88.1M | 93.7M | 73.8M |
| Total Assets | 5.6B | 4.3B | 3.5B | 2.0B | 1.2B | 931.0M | 380.0M | 335.0M | 297.0M |
| Short Term Borrowings | 162.0M | 387.0M | 136.0M | 214.0M | 21.9M | -- | -- | -- | 15.0M |
| Accounts Payable | 459.0M | 260.0M | 198.0M | 186.0M | 127.0M | 58.4M | 29.5M | 23.0M | 38.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 57.2M | 59.1M | 64.3M | 63.1M |
| Contract Liabilities | 451.0M | 375.0M | 585.0M | 353.0M | 132.0M | -- | -- | -- | -- |
| Total Current Liabilities | 1.6B | 1.4B | 1.3B | 1.0B | 399.0M | 142.0M | 124.0M | 101.0M | 123.0M |
| Long Term Borrowings | 1.0B | 469.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.2B | 541.0M | 103.0M | 32.1M | 27.4M | 33.8M | 35.7M | 41.3M | 28.4M |
| Total Liabilities | 2.8B | 1.9B | 1.4B | 1.1B | 426.0M | 176.0M | 160.0M | 142.0M | 151.0M |
| Paid In Capital | 201.0M | 138.0M | 92.6M | 84.2M | 84.0M | 84.0M | 63.0M | 63.0M | 58.3M |
| Capital Reserve | 1.8B | 1.7B | 1.7B | 685.0M | 647.0M | 642.0M | 66.4M | 66.4M | 47.6M |
| Surplus Reserve | 116.0M | 76.3M | 42.2M | 16.6M | 7.8M | 2.9M | 9.7M | 6.7M | 4.0M |
| Retained Earnings | 576.0M | 440.0M | 261.0M | 112.0M | 59.8M | 26.3M | 80.8M | 57.1M | 36.4M |
| Minority Equity | 129.0M | 2.5M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.7B | 2.4B | 2.1B | 897.0M | 799.0M | 755.0M | 220.0M | 193.0M | 146.0M |
| Total Equity | 2.8B | 2.4B | 2.1B | 897.0M | 799.0M | 755.0M | 220.0M | 193.0M | 146.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.9B | 1.4B | 1.6B | 914.0M | 394.0M | 194.0M | 161.0M | 164.0M | 161.0M |
| Tax Refunds Received | 96.3M | 38.7M | 33.6M | 29.8M | 13.1M | 13.7M | 16.9M | 12.5M | 16.5M |
| Total Operating Cash Inflow | 2.3B | 1.5B | 1.8B | 987.0M | 457.0M | 233.0M | 193.0M | 211.0M | 183.0M |
| Cash Paid For Goods | 1.2B | 1.5B | 1.2B | 937.0M | 368.0M | 106.0M | 125.0M | 84.1M | 62.3M |
| Cash Paid To Employees | 341.0M | 258.0M | 177.0M | 111.0M | 69.4M | 47.7M | 40.7M | 35.0M | 28.4M |
| Taxes Paid | 97.2M | 120.0M | 92.6M | 53.9M | 29.5M | 14.5M | 14.5M | 17.0M | 5.7M |
| Total Operating Cash Outflow | 1.8B | 2.0B | 1.6B | 1.2B | 530.0M | 221.0M | 221.0M | 168.0M | 116.0M |
| Operating Cash Flow | 442.0M | -563.0M | 193.0M | -218.0M | -72.4M | 12.2M | -28.3M | 42.5M | 66.9M |
| Total Investing Cash Inflow | 3.4B | 1.5B | 1.7B | 221.0M | 1.4B | 123.0M | 230.0M | 155.0M | 11.0M |
| Total Investing Cash Outflow | 3.6B | 2.0B | 2.0B | 411.0M | 1.3B | 385.0M | 222.0M | 180.0M | 13.8M |
| Investing Cash Flow | -201.0M | -505.0M | -246.0M | -191.0M | 149.0M | -262.0M | 7.6M | -24.9M | -2.8M |
| Cash From Borrowings | 829.0M | 862.0M | 204.0M | 289.0M | 22.1M | -- | -- | -- | 15.0M |
| Dividends And Interest Paid | 55.4M | 49.8M | 30.0M | 20.1M | 10.5M | -- | 3.8M | 3.2M | 2.0M |
| Debt Repayments | 393.0M | 129.0M | 284.0M | 90.6M | -- | -- | -- | 15.0M | 54.4M |
| Total Financing Cash Inflow | 1.1B | 893.0M | 1.2B | 295.0M | 22.1M | 518.0M | -- | 23.5M | 15.0M |
| Total Financing Cash Outflow | 459.0M | 193.0M | 314.0M | 111.0M | 10.5M | -- | 3.8M | 18.2M | 56.4M |
| Financing Cash Flow | 610.0M | 699.0M | 897.0M | 184.0M | 11.6M | 518.0M | -3.8M | 5.3M | -41.4M |
| Net Change In Cash | 852.0M | -368.0M | 844.0M | -225.0M | 87.9M | 269.0M | -24.3M | 22.0M | 24.5M |
| Ending Cash Balance | 1.5B | 662.0M | 1.0B | 186.0M | 411.0M | 323.0M | 54.7M | 79.1M | 57.1M |
| Capex | 224.0M | 476.0M | 207.0M | 192.0M | 92.6M | 22.1M | 4.2M | 15.8M | 2.8M |