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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 612.0M | 493.0M | 387.0M | 450.0M | 311.0M | 297.0M | 276.0M | 229.0M | 145.0M | 92.8M | 65.0M | 58.1M | 47.5M | 36.9M |
| Revenue Growth % | 24.1% | 27.4% | -14.0% | 44.7% | 4.7% | 7.6% | 20.5% | 57.9% | 56.2% | 42.8% | 12.0% | 22.3% | 28.5% | -- |
| Total Revenue | 612.0M | 493.0M | 387.0M | 450.0M | 311.0M | 297.0M | 276.0M | 229.0M | 145.0M | 92.8M | 65.0M | 58.1M | 47.5M | 36.9M |
| Cost Of Revenue | 291.0M | 239.0M | 201.0M | 246.0M | 165.0M | 144.0M | 148.0M | 128.0M | 73.9M | 44.8M | 31.5M | 28.0M | 23.7M | 16.3M |
| Gross Profit | 321.0M | 254.0M | 186.0M | 204.0M | 146.0M | 153.0M | 128.0M | 101.0M | 71.1M | 48.0M | 33.6M | 30.1M | 23.8M | 20.6M |
| Gross Margin % | 52.5% | 51.5% | 48.1% | 45.3% | 46.9% | 51.5% | 46.4% | 44.1% | 49.0% | 51.7% | 51.6% | 51.8% | 50.1% | 55.8% |
| Total Operating Cost | 475.0M | 407.0M | 330.0M | 372.0M | 280.0M | 252.0M | 237.0M | 203.0M | 127.0M | 81.8M | 66.4M | 54.3M | 44.4M | 33.7M |
| Selling Expenses | 88.2M | 75.0M | 58.8M | 50.3M | 45.6M | 48.7M | 37.9M | 28.5M | 23.6M | 17.6M | 13.4M | 9.3M | 9.3M | 6.3M |
| Admin Expenses | 37.2M | 31.2M | 24.2M | 24.0M | 19.2M | 19.6M | 16.9M | 20.6M | 9.6M | 18.0M | 20.5M | 16.0M | 11.1M | 10.2M |
| Rd Expenses | 66.5M | 62.0M | 55.5M | 49.1M | 39.1M | 31.2M | 28.3M | 19.4M | 16.1M | -- | -- | -- | -- | -- |
| Finance Expenses | -14.9M | -6.6M | -10.5M | 1.3M | 3.8M | -1.4M | -432,500 | -214,500 | 15,000 | -119,100 | -60,700 | -76,600 | -36,100 | -82,500 |
| Operating Income | 151.0M | 105.0M | 75.9M | 118.0M | 41.8M | 54.6M | 50.8M | 36.1M | 17.9M | 10.9M | -1.3M | 3.8M | 3.1M | 3.3M |
| Operating Margin % | 24.7% | 21.3% | 19.6% | 26.2% | 13.4% | 18.4% | 18.4% | 15.8% | 12.3% | 11.8% | -2.0% | 6.5% | 6.4% | 8.8% |
| Non Operating Income | 60,500 | 59,200 | 1.0M | 3.4M | 3.4M | 4.2M | 2.5M | 907,100 | 7.4M | 5.1M | 5.2M | 3.3M | 1.8M | 1.6M |
| Non Operating Expenses | 79,500 | 108,800 | 60,800 | 296,800 | 476,600 | 13,700 | 182,300 | 4,000 | 14,500 | 17,200 | 34,200 | 162,700 | 9,500 | -- |
| Investment Income | 5.2M | 8.7M | 11.1M | 31.0M | 5.1M | 47,200 | 1.6M | 1.0M | -286,900 | -178,500 | -- | -- | -- | -- |
| Asset Disposal Income | 4,600 | 50.00 | -38,700 | 4,600 | -4,200 | 300.00 | -700.00 | -25,300 | 46,100 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 5.3M | 4.6M | 1.1M | 1.1M | 1.1M | 1.5M | 3.4M | 4.9M | 2.0M | 793,900 | 457,400 | 343,500 | -155,000 | 717,700 |
| Other Income | 9.4M | 10.4M | 8.4M | 9.8M | 5.6M | 9.5M | 9.9M | 9.3M | -- | -- | -- | -- | -- | -- |
| Income Before Tax | 151.0M | 105.0M | 76.8M | 121.0M | 44.7M | 58.7M | 53.2M | 37.0M | 25.3M | 16.0M | 3.8M | 6.9M | 4.8M | 4.9M |
| Income Tax | 20.6M | 10.9M | 6.4M | 12.2M | 3.4M | 6.9M | 7.1M | 4.8M | 2.4M | 1.9M | -174,400 | 466,800 | 443,000 | 620,700 |
| Net Income | 131.0M | 94.2M | 70.4M | 109.0M | 41.4M | 51.8M | 46.0M | 32.2M | 22.9M | 14.1M | 4.0M | 6.4M | 4.4M | 4.3M |
| Net Margin % | 21.4% | 19.1% | 18.2% | 24.2% | 13.3% | 17.5% | 16.7% | 14.1% | 15.8% | 15.2% | 6.1% | 11.1% | 9.2% | 11.5% |
| Net Income Attributable | 130.0M | 94.0M | 70.3M | 105.0M | 40.4M | 51.8M | 46.5M | 32.3M | 22.7M | 14.7M | 4.3M | 6.7M | 4.4M | 4.3M |
| Minority Interest | 950,700 | 235,100 | 52,900 | 4.3M | 941,000 | 70,400 | -519,500 | -104,100 | 211,200 | -605,300 | -356,500 | -240,300 | -- | -- |
| Eps Basic | 1.76 | 1.49 | 0.96 | 2.00 | 0.80 | 1.32 | 1.18 | 0.86 | 0.66 | 0.46 | 0.14 | 0.23 | 0.24 | 0.24 |
| Eps Diluted | 1.76 | 1.49 | 0.96 | 2.00 | 0.80 | 1.32 | 1.18 | 0.86 | 0.66 | 0.46 | 0.14 | 0.23 | 0.24 | 0.24 |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 832.0M | 733.0M | 555.0M | 495.0M | 473.0M | 123.0M | 109.0M | 83.9M | 59.0M | 52.6M | 19.1M | 14.5M | 8.0M | 6.9M |
| Accounts Receivable | 138.0M | 104.0M | 128.0M | 131.0M | 113.0M | 120.0M | 108.0M | 92.4M | 33.8M | 25.6M | 12.8M | 16.4M | 18.9M | 14.6M |
| Notes Receivable | 37,000 | 4.8M | -- | 2.5M | 3.2M | 12.7M | 23.1M | 16.6M | 11.6M | 4.9M | 3.9M | 2.3M | 60,000 | -- |
| Notes And Accounts Receivable | 138.0M | 109.0M | 128.0M | 133.0M | 116.0M | 132.0M | 132.0M | 109.0M | 45.4M | 30.5M | 16.8M | 18.7M | 18.9M | 14.6M |
| Prepayments | 3.1M | 2.7M | 3.4M | 1.8M | 2.3M | 2.6M | 3.8M | 5.1M | 1.8M | 630,300 | 1.0M | 558,200 | 525,900 | 282,700 |
| Inventory | 172.0M | 103.0M | 92.3M | 105.0M | 61.4M | 53.4M | 37.3M | 58.5M | 36.2M | 27.6M | 15.5M | 10.1M | 8.1M | 8.5M |
| Total Current Assets | 1.2B | 962.0M | 797.0M | 766.0M | 677.0M | 333.0M | 292.0M | 263.0M | 143.0M | 112.0M | 53.6M | 45.0M | 37.0M | 31.2M |
| Long Term Equity Investment | 35.6M | 37.6M | 33.0M | 24.4M | 607,500 | 1.3M | 1.6M | 160,900 | 92,600 | 71,600 | -- | -- | -- | -- |
| Fixed Assets | -- | 46.7M | 45.8M | 48.7M | 50.0M | 2.8M | 2.3M | 2.4M | 1.5M | 776,800 | 836,100 | 751,000 | 877,000 | 906,300 |
| Fixed Assets Total | 45.0M | 46.7M | 45.8M | 48.7M | 50.0M | 2.8M | 2.3M | 2.4M | 1.5M | 776,800 | 836,100 | 751,000 | 877,000 | 906,300 |
| Construction In Progress | -- | -- | -- | -- | -- | 28.8M | 13.5M | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- | 28.8M | 13.5M | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 8.1M | 8.4M | 8.8M | 9.2M | 9.2M | 9.5M | 9.3M | 9.6M | 429,700 | 128,700 | 63,900 | 51,300 | -- | -- |
| Long Term Deferred Expenses | 1.9M | 3.1M | 357,500 | 418,200 | -- | -- | 192,500 | 402,300 | 196,500 | -- | -- | 160,000 | -- | 181,500 |
| Total Non Current Assets | 129.0M | 126.0M | 105.0M | 99.5M | 67.4M | 46.3M | 29.8M | 16.1M | 5.2M | 2.8M | 2.1M | 1.5M | 1.1M | 1.3M |
| Total Assets | 1.3B | 1.1B | 902.0M | 866.0M | 744.0M | 379.0M | 321.0M | 279.0M | 148.0M | 115.0M | 55.6M | 46.5M | 38.1M | 32.5M |
| Short Term Borrowings | 11,700 | -- | -- | -- | -- | -- | 6.0M | 1.1M | 2.8M | -- | -- | -- | -- | -- |
| Accounts Payable | 126.0M | 71.0M | 29.3M | 45.7M | 53.0M | 37.2M | 29.4M | 44.2M | 18.0M | 18.1M | 7.6M | 5.0M | 3.8M | 4.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.0M | 4.9M | 3.0M | 6.3M | 4.8M | 3.6M | 2.1M | 1.3M | 1.3M |
| Contract Liabilities | 33.9M | 34.5M | 13.6M | 13.7M | 8.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 233.0M | 162.0M | 76.7M | 117.0M | 91.6M | 68.9M | 66.1M | 70.2M | 42.2M | 27.6M | 12.4M | 9.6M | 8.1M | 7.3M |
| Total Non Current Liabilities | 13.7M | 9.6M | 3.2M | 1.3M | 400,000 | 400,000 | -- | -- | -- | 800,000 | 420,000 | -- | 300,000 | -- |
| Total Liabilities | 247.0M | 172.0M | 79.9M | 118.0M | 92.0M | 69.3M | 66.1M | 70.2M | 42.2M | 28.4M | 12.9M | 9.6M | 8.4M | 7.3M |
| Paid In Capital | 73.9M | 73.6M | 52.6M | 52.4M | 52.4M | 39.3M | 39.3M | 39.3M | 35.5M | 34.5M | 31.5M | 30.0M | 18.2M | 18.2M |
| Capital Reserve | 407.0M | 393.0M | 408.0M | 401.0M | 395.0M | 94.1M | 94.1M | 95.2M | 33.9M | 28.5M | 3.0M | 2.7M | 2.0M | 2.0M |
| Surplus Reserve | 36.9M | 31.1M | 26.3M | 24.5M | 17.8M | 15.0M | 11.5M | 7.6M | 4.4M | 2.7M | 1.0M | 492,900 | 864,700 | 425,600 |
| Retained Earnings | 526.0M | 415.0M | 333.0M | 272.0M | 187.0M | 160.0M | 110.0M | 67.3M | 38.1M | 22.0M | 7.7M | 3.9M | 8.6M | 4.6M |
| Minority Equity | 2.3M | 1.8M | 760,600 | 707,700 | 1.8M | 511,600 | -72,900 | -749,000 | -644,900 | -1.1M | -446,800 | -90,300 | -- | -- |
| Equity Attributable | 1.0B | 914.0M | 821.0M | 747.0M | 650.0M | 309.0M | 255.0M | 209.0M | 107.0M | 87.8M | 43.2M | 37.0M | 29.6M | 25.2M |
| Total Equity | 1.0B | 916.0M | 822.0M | 747.0M | 652.0M | 310.0M | 255.0M | 208.0M | 106.0M | 86.8M | 42.8M | 37.0M | 29.6M | 25.2M |
| 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 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 576.0M | 517.0M | 371.0M | 416.0M | 311.0M | 260.0M | 254.0M | 183.0M | 148.0M | 94.2M | 78.3M | 68.3M | 50.8M | 32.7M |
| Tax Refunds Received | 22.6M | 17.5M | 17.2M | 16.5M | 10.1M | 17.2M | 12.5M | 9.3M | 6.1M | 3.8M | 3.1M | 3.0M | 1.7M | 1.4M |
| Total Operating Cash Inflow | 616.0M | 544.0M | 393.0M | 441.0M | 329.0M | 287.0M | 275.0M | 196.0M | 155.0M | 102.0M | 85.9M | 72.8M | 53.6M | 34.4M |
| Cash Paid For Goods | 292.0M | 171.0M | 169.0M | 262.0M | 135.0M | 125.0M | 127.0M | 131.0M | 88.0M | 53.7M | 42.2M | 32.8M | 25.9M | 21.1M |
| Cash Paid To Employees | 131.0M | 110.0M | 99.1M | 83.4M | 71.8M | 59.2M | 48.0M | 39.7M | 30.0M | 24.7M | 21.5M | 17.2M | 14.7M | 10.4M |
| Taxes Paid | 37.2M | 26.4M | 24.4M | 25.9M | 19.8M | 23.3M | 30.9M | 17.7M | 16.4M | 8.0M | 7.1M | 7.0M | 4.2M | 2.4M |
| Total Operating Cash Outflow | 503.0M | 354.0M | 335.0M | 402.0M | 259.0M | 256.0M | 240.0M | 220.0M | 155.0M | 97.3M | 82.5M | 66.9M | 52.1M | 40.7M |
| Operating Cash Flow | 113.0M | 190.0M | 57.9M | 38.5M | 69.5M | 30.8M | 34.1M | -24.7M | 461,700 | 5.0M | 3.4M | 5.9M | 1.4M | -6.4M |
| Total Investing Cash Inflow | 1.4B | 1.3B | 1.3B | 1.0B | 775.0M | 40.4M | 150.00 | 482,900 | 81,500 | -- | -- | -- | -- | -- |
| Total Investing Cash Outflow | 1.4B | 1.3B | 1.3B | 1.0B | 791.0M | 50.7M | 12.5M | 11.4M | 3.2M | 498,200 | 576,800 | 266,300 | 267,800 | 433,900 |
| Investing Cash Flow | 2.7M | -5.6M | -2.7M | -5.3M | -16.6M | -10.3M | -12.5M | -10.9M | -3.1M | -498,200 | -576,800 | -266,300 | -267,800 | -433,900 |
| Cash From Borrowings | 11,700 | -- | -- | 500,000 | -- | 2.0M | 10.0M | 1.1M | 8.0M | -- | 200,000 | -- | -- | -- |
| Dividends And Interest Paid | 13.0M | 7.4M | 7.3M | 8.4M | 10.5M | 130,900 | 180,300 | 526,400 | 122,500 | -- | -- | -- | -- | -- |
| Debt Repayments | -- | -- | -- | 500,000 | -- | 8.0M | 5.1M | 2.8M | 5.2M | -- | 200,000 | -- | -- | -- |
| Total Financing Cash Inflow | 16.6M | 5.3M | 26.5M | 500,000 | 326.0M | 2.5M | 10.2M | 61.7M | 14.1M | 28.5M | 2.0M | 870,000 | -- | 180,000 |
| Total Financing Cash Outflow | 35.7M | 19.1M | 15.4M | 30.9M | 22.5M | 9.2M | 5.3M | 3.6M | 5.3M | -- | 200,000 | -- | -- | -- |
| Financing Cash Flow | -19.2M | -13.8M | 11.2M | -30.4M | 304.0M | -6.7M | 4.9M | 58.1M | 8.8M | 28.5M | 1.8M | 870,000 | -- | 180,000 |
| Net Change In Cash | 101.0M | 172.0M | 79.3M | 1.8M | 350.0M | 14.7M | 27.0M | 22.1M | 6.4M | 33.1M | 4.7M | 6.4M | 1.2M | -6.6M |
| Ending Cash Balance | 827.0M | 725.0M | 553.0M | 474.0M | 472.0M | 122.0M | 108.0M | 80.7M | 58.7M | 52.2M | 19.1M | 14.5M | 8.0M | 6.9M |
| Capex | 2.7M | 8.2M | 4.9M | 5.9M | 20.4M | 10.7M | 12.4M | 11.4M | 1.6M | 448,200 | 376,800 | 266,300 | 267,800 | 433,900 |