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 | 556.0M | 444.0M | 433.0M | 351.0M | 323.0M | 312.0M | 286.0M | 229.0M | 190.0M | 181.0M | 187.0M | 200.0M |
| Revenue Growth % | 25.2% | 2.5% | 23.4% | 8.7% | 3.5% | 9.1% | 24.9% | 20.5% | 5.0% | -3.2% | -6.5% | -- |
| Total Revenue | 556.0M | 444.0M | 433.0M | 351.0M | 323.0M | 312.0M | 286.0M | 229.0M | 190.0M | 181.0M | 187.0M | 200.0M |
| Cost Of Revenue | 313.0M | 256.0M | 251.0M | 175.0M | 145.0M | 147.0M | 146.0M | 122.0M | 95.3M | 95.5M | 100.0M | 97.1M |
| Gross Profit | 243.0M | 188.0M | 182.0M | 176.0M | 178.0M | 165.0M | 140.0M | 107.0M | 94.7M | 85.5M | 87.0M | 102.9M |
| Gross Margin % | 43.7% | 42.3% | 42.0% | 50.1% | 55.1% | 52.9% | 49.0% | 46.7% | 49.8% | 47.2% | 46.5% | 51.4% |
| Total Operating Cost | 443.0M | 370.0M | 388.0M | 251.0M | 223.0M | 217.0M | 209.0M | 180.0M | 156.0M | 164.0M | 141.0M | 148.0M |
| Selling Expenses | 31.8M | 30.4M | 24.8M | 17.7M | 14.6M | 17.5M | 15.4M | 13.0M | 12.3M | 10.7M | 8.0M | 8.7M |
| Admin Expenses | 40.5M | 25.9M | 39.5M | 24.5M | 27.1M | 25.3M | 16.2M | 15.7M | 13.8M | 50.4M | 33.3M | 34.6M |
| Rd Expenses | 47.9M | 38.6M | 32.3M | 30.9M | 20.4M | 18.7M | 16.4M | 13.6M | 14.3M | -- | -- | -- |
| Finance Expenses | -4.1M | -2.4M | -15.3M | -4.0M | 2.5M | -442,100 | -1.3M | 4.5M | 320,900 | 1.8M | -838,900 | 156,600 |
| Operating Income | 126.0M | 81.6M | 51.1M | 117.0M | 124.0M | 98.8M | 81.0M | 51.0M | 33.4M | 17.0M | 45.6M | 51.8M |
| Operating Margin % | 22.7% | 18.4% | 11.8% | 33.3% | 38.4% | 31.7% | 28.3% | 22.3% | 17.6% | 9.4% | 24.4% | 25.9% |
| Non Operating Income | 20.2M | 24.4M | 31.4M | 38.9M | 41.1M | 46.4M | 38.3M | 31.6M | 26.6M | 13.5M | 813,200 | 4.9M |
| Non Operating Expenses | 6.9M | 6.0M | 4.3M | 4.0M | 7.6M | 5.4M | 5.5M | 5.4M | 5.2M | 4.2M | 3.2M | 1.2M |
| Investment Income | 1.7M | 5.3M | 1.7M | 9.8M | 16.9M | 162,900 | 211,700 | -- | -- | -- | -- | -- |
| Fair Value Change Income | 267,200 | -2.6M | -5.1M | 987,400 | 3.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2,700 | 47,100 | 2,100 | -- | -- | 252,500 | -- | 5,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 13.2M | 8.6M | 35.3M | -4.5M | 4.6M | 3.4M | 9.9M | 6.0M | 16.4M | 3.1M | -2.2M | 4.1M |
| Other Income | 12.4M | 5.2M | 8.7M | 6.3M | 3.6M | 3.5M | 3.6M | 2.7M | -- | -- | -- | -- |
| Income Before Tax | 140.0M | 100.0M | 78.1M | 152.0M | 158.0M | 140.0M | 114.0M | 77.2M | 54.8M | 26.3M | 43.2M | 55.4M |
| Income Tax | 19.7M | 13.6M | 16.6M | 20.8M | 22.8M | 20.0M | 16.0M | 11.6M | 8.4M | 6.7M | 5.5M | 8.7M |
| Net Income | 120.0M | 86.4M | 61.6M | 131.0M | 135.0M | 120.0M | 97.8M | 65.6M | 46.4M | 19.5M | 37.7M | 46.7M |
| Net Margin % | 21.6% | 19.5% | 14.2% | 37.3% | 41.8% | 38.5% | 34.2% | 28.6% | 24.4% | 10.8% | 20.1% | 23.4% |
| Net Income Attributable | 124.0M | 91.4M | 64.4M | 129.0M | 131.0M | 118.0M | 97.0M | 65.8M | 47.0M | 19.5M | 37.7M | 46.7M |
| Minority Interest | -4.1M | -5.0M | -2.8M | 2.7M | 4.4M | 1.6M | 842,300 | -193,000 | -610,400 | -- | -- | -- |
| Eps Basic | 0.74 | 0.54 | 0.38 | 1.07 | 1.09 | 1.31 | 1.08 | 0.73 | 0.52 | 0.22 | -- | -- |
| Eps Diluted | 0.74 | 0.54 | 0.38 | 1.07 | 1.09 | 1.31 | 1.08 | 0.73 | 0.52 | -- | -- | -- |
| 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 | 153.0M | 240.0M | 494.0M | 664.0M | 847.0M | 844.0M | 122.0M | 76.0M | 44.8M | 16.5M | 97.6M | 61.2M |
| Trading Financial Assets | 31,400 | 31,000 | 32.8M | 11.5M | 13.5M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 226.0M | 215.0M | 189.0M | 151.0M | 129.0M | 110.0M | 103.0M | 66.3M | 66.7M | 62.4M | 67.8M | 66.2M |
| Notes Receivable | 59.1M | 50.8M | 27.5M | 27.2M | 10.8M | 9.1M | 17.9M | 22.3M | 12.8M | 13.9M | 34.0M | 23.2M |
| Notes And Accounts Receivable | 285.0M | 266.0M | 216.0M | 178.0M | 139.0M | 119.0M | 121.0M | 88.6M | 79.5M | 76.2M | 102.0M | 89.3M |
| Prepayments | 4.2M | 10.3M | 14.0M | 4.5M | 3.2M | 3.6M | 1.7M | 1.9M | 1.1M | 11.1M | 2.4M | 9.4M |
| Inventory | 139.0M | 113.0M | 81.5M | 74.9M | 65.5M | 65.9M | 67.5M | 78.5M | 93.0M | 91.9M | 70.0M | 62.0M |
| Total Current Assets | 657.0M | 709.0M | 907.0M | 995.0M | 1.1B | 1.1B | 369.0M | 292.0M | 258.0M | 221.0M | 280.0M | 232.0M |
| Long Term Equity Investment | 43.8M | 27.4M | 29.4M | 19.9M | 16.9M | 13.0M | 13.7M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 508.0M | 433.0M | 135.0M | 148.0M | 163.0M | 152.0M | 160.0M | 178.0M | 190.0M | 204.0M | 207.0M |
| Fixed Assets Total | 502.0M | 508.0M | 433.0M | 135.0M | 148.0M | 163.0M | 152.0M | 160.0M | 178.0M | 190.0M | 204.0M | 207.0M |
| Construction In Progress | -- | 133.0M | 49.6M | 104.0M | 1.2M | 744,700 | 14.9M | 22.3M | 7.8M | 9.9M | 3.6M | 3.0M |
| Construction In Progress Total | 266.0M | 133.0M | 49.6M | 104.0M | 1.2M | 744,700 | 14.9M | 22.3M | 7.8M | 9.9M | 3.6M | 3.0M |
| Intangible Assets | 43.1M | 41.1M | 36.3M | 13.2M | 14.5M | 14.3M | 23.9M | 25.2M | 26.5M | 17.7M | 18.6M | 23.9M |
| Long Term Deferred Expenses | 1.9M | 3.7M | 2.4M | 382,300 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.0B | 903.0M | 704.0M | 454.0M | 260.0M | 199.0M | 212.0M | 215.0M | 219.0M | 219.0M | 227.0M | 236.0M |
| Total Assets | 1.7B | 1.6B | 1.6B | 1.4B | 1.4B | 1.3B | 581.0M | 506.0M | 477.0M | 440.0M | 507.0M | 468.0M |
| Short Term Borrowings | 6.0M | 11.0M | 30.0M | -- | -- | -- | -- | -- | 40.0M | 59.0M | 11.0M | -- |
| Accounts Payable | 62.1M | 70.9M | 107.0M | 31.4M | 24.5M | 18.8M | 17.8M | 13.5M | 8.4M | 12.1M | 11.1M | 11.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 999,900 | 1.9M | 805,700 | 65,700 | 572,100 | 97,200 | 64,300 |
| Contract Liabilities | 756,500 | 2.1M | 428,000 | 233,900 | 2.9M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 102.0M | 112.0M | 180.0M | 60.0M | 52.3M | 41.7M | 49.8M | 35.0M | 66.4M | 81.8M | 38.5M | 39.7M |
| Long Term Borrowings | 12.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 15.5M | 5.2M | 5.9M | 6.7M | 7.0M | 6.6M | 5.2M | 7.0M | 7.8M | 3.8M | 3.0M | -- |
| Total Liabilities | 117.0M | 118.0M | 186.0M | 66.7M | 59.3M | 48.3M | 55.0M | 42.0M | 74.2M | 85.6M | 41.5M | 39.7M |
| Paid In Capital | 168.0M | 168.0M | 120.0M | 120.0M | 120.0M | 120.0M | 90.0M | 90.0M | 90.0M | 90.0M | 82.0M | 82.0M |
| Capital Reserve | 812.0M | 812.0M | 858.0M | 845.0M | 871.0M | 871.0M | 252.0M | 252.0M | 256.0M | 252.0M | 46.2M | 46.2M |
| Surplus Reserve | 84.2M | 75.6M | 66.3M | 57.1M | 46.5M | 34.0M | 22.4M | 12.8M | 6.2M | 1.3M | 40.7M | 36.9M |
| Retained Earnings | 503.0M | 421.0M | 375.0M | 360.0M | 281.0M | 223.0M | 162.0M | 110.0M | 51.2M | 11.2M | 297.0M | 263.0M |
| Minority Equity | 13.5M | 17.5M | 6.1M | 789,900 | 5.6M | 1.2M | -341,400 | -1.2M | -990,700 | -- | -- | -- |
| Equity Attributable | 1.6B | 1.5B | 1.4B | 1.4B | 1.3B | 1.2B | 527.0M | 466.0M | 404.0M | 355.0M | 466.0M | 428.0M |
| Total Equity | 1.6B | 1.5B | 1.4B | 1.4B | 1.3B | 1.2B | 526.0M | 464.0M | 403.0M | 355.0M | 466.0M | 428.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 609.0M | 437.0M | 442.0M | 342.0M | 345.0M | 348.0M | 285.0M | 246.0M | 210.0M | 228.0M | 185.0M | 210.0M |
| Tax Refunds Received | 6.2M | -- | -- | -- | -- | -- | 251,400 | 30,900 | 2.4M | 505,200 | 806,900 | 688,900 |
| Total Operating Cash Inflow | 654.0M | 485.0M | 499.0M | 394.0M | 406.0M | 392.0M | 317.0M | 274.0M | 227.0M | 236.0M | 197.0M | 226.0M |
| Cash Paid For Goods | 282.0M | 229.0M | 176.0M | 137.0M | 116.0M | 122.0M | 103.0M | 82.2M | 79.9M | 98.9M | 72.9M | 96.9M |
| Cash Paid To Employees | 95.6M | 87.8M | 76.2M | 68.3M | 58.1M | 54.4M | 47.4M | 43.5M | 42.4M | 42.9M | 36.7M | 29.5M |
| Taxes Paid | 35.9M | 49.0M | 26.6M | 39.5M | 48.9M | 55.0M | 42.5M | 33.7M | 28.1M | 27.2M | 25.2M | 31.9M |
| Total Operating Cash Outflow | 481.0M | 416.0M | 322.0M | 290.0M | 260.0M | 260.0M | 211.0M | 173.0M | 164.0M | 191.0M | 151.0M | 187.0M |
| Operating Cash Flow | 173.0M | 68.9M | 176.0M | 103.0M | 146.0M | 132.0M | 106.0M | 101.0M | 62.5M | 44.6M | 46.3M | 39.5M |
| Total Investing Cash Inflow | 71.6M | 261.0M | 526.0M | 618.0M | 619.0M | 214.0M | 256,300 | 390.00 | 1,183 | 500.00 | -- | -- |
| Total Investing Cash Outflow | 298.0M | 548.0M | 864.0M | 868.0M | 700.0M | 227.0M | 26.1M | 27.0M | 16.2M | 21.7M | 20.9M | 16.0M |
| Investing Cash Flow | -226.0M | -287.0M | -339.0M | -250.0M | -80.5M | -13.3M | -25.8M | -27.0M | -16.2M | -21.7M | -20.9M | -16.0M |
| Cash From Borrowings | 18.6M | 11.0M | 30.0M | 30.0M | -- | -- | -- | -- | 70.0M | 99.0M | 11.0M | -- |
| Dividends And Interest Paid | 34.0M | 36.6M | 39.8M | 39.9M | 60.0M | 45.0M | 36.0M | 291,400 | 2.4M | 183.0M | 111,800 | 112,000 |
| Debt Repayments | 11.0M | 30.0M | -- | 30.0M | -- | -- | -- | 40.0M | 89.0M | 51.0M | -- | 20.0M |
| Total Financing Cash Inflow | 18.6M | 33.9M | 30.0M | 31.5M | -- | 664.0M | 25,600 | 4.4M | 72.5M | 129.0M | 11.0M | -- |
| Total Financing Cash Outflow | 57.0M | 67.9M | 40.8M | 70.8M | 63.9M | 60.8M | 36.1M | 43.3M | 93.4M | 234.0M | 111,800 | 20.1M |
| Financing Cash Flow | -38.4M | -34.0M | -10.8M | -39.4M | -63.9M | 603.0M | -36.1M | -39.0M | -20.9M | -105.0M | 10.9M | -20.1M |
| Net Change In Cash | -90.4M | -251.0M | -166.0M | -188.0M | 519,100 | 722.0M | 46.1M | 31.2M | 26.9M | -81.1M | 36.3M | 3.3M |
| Ending Cash Balance | 149.0M | 240.0M | 491.0M | 657.0M | 845.0M | 844.0M | 122.0M | 76.0M | 44.8M | 16.5M | 97.6M | 61.2M |
| Capex | 212.0M | 298.0M | 249.0M | 173.0M | 33.1M | 23.3M | 12.3M | 23.2M | 16.2M | 21.7M | 20.9M | 16.0M |