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 | 795.0M | 511.0M | 462.0M | 425.0M | 329.0M |
| Revenue Growth % | 55.6% | 10.6% | 8.7% | 29.2% | -- |
| Total Revenue | 795.0M | 511.0M | 462.0M | 425.0M | 329.0M |
| Cost Of Revenue | 348.0M | 210.0M | 184.0M | 165.0M | 121.0M |
| Gross Profit | 447.0M | 301.0M | 278.0M | 260.0M | 208.0M |
| Gross Margin % | 56.2% | 58.9% | 60.2% | 61.2% | 63.2% |
| Total Operating Cost | 501.0M | 317.0M | 273.0M | 254.0M | 186.0M |
| Selling Expenses | 38.3M | 29.1M | 23.8M | 24.5M | 16.0M |
| Admin Expenses | 53.6M | 36.3M | 29.1M | 31.3M | 25.7M |
| Rd Expenses | 50.2M | 36.8M | 32.3M | 30.5M | 19.2M |
| Finance Expenses | -4.8M | -3.0M | -4.3M | -2.3M | -608,700 |
| Operating Income | 323.0M | 226.0M | 214.0M | 199.0M | 151.0M |
| Operating Margin % | 40.6% | 44.2% | 46.3% | 46.8% | 45.9% |
| Non Operating Income | 392,300 | 67,600 | 117,000 | 16.6M | 2,000 |
| Non Operating Expenses | 1.4M | 154,200 | 1.1M | 469,700 | 1.0M |
| Investment Income | 18.4M | 23.5M | 19.5M | 20.7M | 4.1M |
| Asset Disposal Income | -225,000 | 284,600 | -64,200 | -1.0M | -29,700 |
| Asset Impairment Loss | 5.5M | 939,800 | 1.8M | 193,200 | 254,600 |
| Other Income | 10.8M | 8.5M | 5.7M | 8.4M | 3.5M |
| Income Before Tax | 322.0M | 226.0M | 213.0M | 215.0M | 150.0M |
| Income Tax | 42.2M | 32.8M | 28.1M | 30.8M | 21.1M |
| Net Income | 280.0M | 193.0M | 185.0M | 184.0M | 129.0M |
| Net Margin % | 35.2% | 37.8% | 40.0% | 43.3% | 39.2% |
| Net Income Attributable | 280.0M | 193.0M | 185.0M | 184.0M | 129.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 1.07 | 0.77 | 0.77 | 0.77 | 0.92 |
| Eps Diluted | 1.07 | 0.77 | 0.77 | 0.77 | 0.92 |
| 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 | 311.0M | 299.0M | 218.0M | 185.0M | 492.0M |
| Accounts Receivable | 271.0M | 182.0M | 161.0M | 170.0M | 146.0M |
| Notes And Accounts Receivable | 271.0M | 182.0M | 161.0M | 170.0M | 146.0M |
| Prepayments | 5.4M | 6.8M | 3.6M | 2.4M | 743,000 |
| Inventory | 103.0M | 65.3M | 49.1M | 43.5M | 33.4M |
| Total Current Assets | 809.0M | 936.0M | 586.0M | 410.0M | 687.0M |
| Fixed Assets | -- | 297.0M | 306.0M | 209.0M | 39.5M |
| Fixed Assets Total | 457.0M | 297.0M | 306.0M | 209.0M | 39.5M |
| Construction In Progress | -- | 282.0M | 24.8M | 94.7M | 167.0M |
| Construction In Progress Total | 337.0M | 282.0M | 24.8M | 94.7M | 167.0M |
| Intangible Assets | 120.0M | 120.0M | 122.0M | 13.8M | 14.2M |
| Long Term Deferred Expenses | 10.4M | 12.2M | 8.2M | 5.1M | 2.7M |
| Total Non Current Assets | 1.3B | 1.1B | 886.0M | 929.0M | 491.0M |
| Total Assets | 2.1B | 2.1B | 1.5B | 1.3B | 1.2B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 125.0M | 105.0M | 32.7M | 58.6M | 62.1M |
| Advance Receipts | -- | -- | 25,100 | 4,900 | 22,800 |
| Contract Liabilities | 933,900 | 210,900 | 66,600 | 50,700 | 168,100 |
| Total Current Liabilities | 170.0M | 193.0M | 56.7M | 90.8M | 86.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 332,600 | 621,800 | 434,800 | 252,000 | -- |
| Total Liabilities | 170.0M | 194.0M | 57.2M | 91.1M | 86.0M |
| Paid In Capital | 263.0M | 263.0M | 241.0M | 172.0M | 172.0M |
| Capital Reserve | 991.0M | 991.0M | 633.0M | 700.0M | 694.0M |
| Surplus Reserve | 104.0M | 78.7M | 60.5M | 43.1M | 25.5M |
| Retained Earnings | 625.0M | 559.0M | 480.0M | 333.0M | 201.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 2.0B | 1.9B | 1.4B | 1.2B | 1.1B |
| Total Equity | 2.0B | 1.9B | 1.4B | 1.2B | 1.1B |
| 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 | 801.0M | 573.0M | 550.0M | 470.0M | 310.0M |
| Tax Refunds Received | 28.7M | 3.1M | 10.3M | 17.8M | -- |
| Total Operating Cash Inflow | 845.0M | 588.0M | 568.0M | 515.0M | 315.0M |
| Cash Paid For Goods | 370.0M | 215.0M | 210.0M | 173.0M | 127.0M |
| Cash Paid To Employees | 129.0M | 99.2M | 85.2M | 74.8M | 49.3M |
| Taxes Paid | 81.0M | 79.2M | 78.3M | 63.7M | 43.0M |
| Total Operating Cash Outflow | 617.0M | 416.0M | 394.0M | 332.0M | 241.0M |
| Operating Cash Flow | 229.0M | 171.0M | 174.0M | 183.0M | 73.8M |
| Total Investing Cash Inflow | 1.1B | 1.3B | 690.0M | 387.0M | 768.0M |
| Total Investing Cash Outflow | 1.0B | 1.7B | 815.0M | 842.0M | 1.1B |
| Investing Cash Flow | 58.9M | -439.0M | -124.0M | -455.0M | -317.0M |
| Cash From Borrowings | -- | 27.1M | -- | -- | -- |
| Dividends And Interest Paid | 188.0M | 97.4M | 20.6M | 34.4M | 15.3M |
| Debt Repayments | -- | 27.1M | -- | -- | 36.4M |
| Total Financing Cash Inflow | 19.1M | 486.0M | 1.7M | -- | 719.0M |
| Total Financing Cash Outflow | 295.0M | 137.0M | 22.0M | 34.5M | 73.1M |
| Financing Cash Flow | -276.0M | 348.0M | -20.3M | -34.5M | 646.0M |
| Net Change In Cash | 12.0M | 81.1M | 33.0M | -307.0M | 402.0M |
| Ending Cash Balance | 311.0M | 299.0M | 218.0M | 185.0M | 492.0M |
| Capex | 210.0M | 291.0M | 174.0M | 143.0M | 56.7M |