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 | 792.0M | 692.0M | 700.0M | 509.0M | 405.0M |
| Revenue Growth % | 14.5% | -1.1% | 37.5% | 25.7% | -- |
| Total Revenue | 792.0M | 692.0M | 700.0M | 509.0M | 405.0M |
| Cost Of Revenue | 560.0M | 440.0M | 428.0M | 301.0M | 229.0M |
| Gross Profit | 232.0M | 252.0M | 272.0M | 208.0M | 176.0M |
| Gross Margin % | 29.3% | 36.4% | 38.9% | 40.9% | 43.5% |
| Total Operating Cost | 789.0M | 634.0M | 616.0M | 438.0M | 362.0M |
| Selling Expenses | 26.2M | 21.1M | 23.3M | 16.2M | 17.1M |
| Admin Expenses | 83.9M | 84.2M | 82.2M | 68.2M | 51.5M |
| Rd Expenses | 86.5M | 59.9M | 62.5M | 41.4M | 44.9M |
| Finance Expenses | 14.2M | 5.9M | -6.9M | 1.2M | 6.7M |
| Operating Income | 24.8M | 71.0M | 89.5M | 76.9M | 150.0M |
| Operating Margin % | 3.1% | 10.3% | 12.8% | 15.1% | 37.0% |
| Non Operating Income | 1.8M | 246,200 | 1.6M | 4.2M | 1.4M |
| Non Operating Expenses | 327,200 | 721,400 | 2.8M | 81,000 | 232,900 |
| Investment Income | 6.6M | 3.3M | 1.3M | 1.4M | 98.3M |
| Fair Value Change Income | -- | -- | -43,100 | 27,100 | -- |
| Asset Disposal Income | -8,000 | -24,000 | -80,600 | -- | -74,300 |
| Asset Impairment Loss | 6.4M | 15.0M | 13.0M | 3.5M | 5.7M |
| Other Income | 14.3M | 9.9M | 3.8M | 4.3M | 8.9M |
| Income Before Tax | 26.3M | 70.5M | 88.3M | 81.0M | 152.0M |
| Income Tax | -4.4M | 6.8M | 2.0M | 7.6M | 20.5M |
| Net Income | 30.7M | 63.7M | 86.3M | 73.4M | 131.0M |
| Net Margin % | 3.9% | 9.2% | 12.3% | 14.4% | 32.3% |
| Net Income Attributable | 30.2M | 64.2M | 85.4M | 73.0M | 138.0M |
| Minority Interest | 459,600 | -493,800 | 865,900 | 433,100 | -7.2M |
| Eps Basic | 0.32 | 0.67 | 0.90 | 0.94 | 1.93 |
| Eps Diluted | 0.32 | 0.67 | 0.89 | 0.94 | 1.93 |
| 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 | 748.0M | 822.0M | 380.0M | 506.0M | 296.0M |
| Trading Financial Assets | -- | -- | -- | 165,800 | 30.7M |
| Accounts Receivable | 425.0M | 330.0M | 302.0M | 201.0M | 148.0M |
| Notes Receivable | 78.2M | 50.6M | 44.7M | 38.9M | 36.9M |
| Notes And Accounts Receivable | 504.0M | 381.0M | 346.0M | 239.0M | 185.0M |
| Prepayments | 5.6M | 4.5M | 11.3M | 6.0M | 2.8M |
| Inventory | 271.0M | 210.0M | 178.0M | 142.0M | 95.2M |
| Total Current Assets | 1.6B | 1.5B | 1.0B | 925.0M | 661.0M |
| Long Term Equity Investment | 10.0M | 10.1M | 9.9M | 9.9M | 9.9M |
| Fixed Assets | -- | 332.0M | 229.0M | 91.7M | 86.7M |
| Fixed Assets Total | 331.0M | 332.0M | 229.0M | 91.7M | 86.7M |
| Construction In Progress | -- | 11.5M | 65.3M | 107.0M | 37.8M |
| Construction In Progress Total | 28.4M | 11.5M | 65.3M | 107.0M | 37.8M |
| Intangible Assets | 18.0M | 20.3M | 12.8M | 12.7M | 11.1M |
| Long Term Deferred Expenses | 244,300 | 789,100 | 986,700 | 1.2M | 531,900 |
| Total Non Current Assets | 611.0M | 544.0M | 485.0M | 363.0M | 235.0M |
| Total Assets | 2.2B | 2.1B | 1.5B | 1.3B | 896.0M |
| Short Term Borrowings | -- | 5.5M | 3.2M | 5.0M | 9.0M |
| Accounts Payable | 351.0M | 299.0M | 240.0M | 144.0M | 104.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 31.4M | 4.7M | 6.2M | 14.5M | 14.6M |
| Total Current Liabilities | 576.0M | 463.0M | 446.0M | 320.0M | 271.0M |
| Long Term Borrowings | -- | -- | -- | 2.0M | 21.2M |
| Total Non Current Liabilities | 493.0M | 465.0M | 10.5M | 15.6M | 28.4M |
| Total Liabilities | 1.1B | 928.0M | 456.0M | 336.0M | 299.0M |
| Paid In Capital | 95.3M | 95.9M | 95.4M | 95.4M | 71.5M |
| Capital Reserve | 479.0M | 500.0M | 484.0M | 471.0M | 259.0M |
| Surplus Reserve | 44.7M | 43.3M | 38.1M | 31.2M | 25.7M |
| Retained Earnings | 389.0M | 382.0M | 349.0M | 301.0M | 233.0M |
| Minority Equity | 6.1M | 5.7M | 9.0M | 7.9M | 7.5M |
| Equity Attributable | 1.1B | 1.1B | 1.0B | 944.0M | 589.0M |
| Total Equity | 1.1B | 1.1B | 1.0B | 952.0M | 597.0M |
| 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 | 617.0M | 581.0M | 471.0M | 555.0M | 262.0M |
| Tax Refunds Received | 2.2M | 7.1M | 9.6M | 5.7M | 3.9M |
| Total Operating Cash Inflow | 636.0M | 599.0M | 485.0M | 575.0M | 282.0M |
| Cash Paid For Goods | 367.0M | 295.0M | 268.0M | 347.0M | 92.6M |
| Cash Paid To Employees | 178.0M | 161.0M | 141.0M | 116.0M | 91.5M |
| Taxes Paid | 18.0M | 32.0M | 29.0M | 32.2M | 32.6M |
| Total Operating Cash Outflow | 600.0M | 532.0M | 479.0M | 535.0M | 257.0M |
| Operating Cash Flow | 35.9M | 67.8M | 5.5M | 40.9M | 25.4M |
| Total Investing Cash Inflow | 3.3B | 1.0B | 550.0M | 430.0M | 839.0M |
| Total Investing Cash Outflow | 3.4B | 1.1B | 637.0M | 474.0M | 809.0M |
| Investing Cash Flow | -65.2M | -62.4M | -87.0M | -43.3M | 30.1M |
| Cash From Borrowings | -- | 5.5M | 3.2M | 5.0M | 23.0M |
| Dividends And Interest Paid | 23.5M | 26.3M | 30.3M | 490,200 | 12.9M |
| Debt Repayments | -- | 2.0M | 7.3M | 35.9M | 50.9M |
| Total Financing Cash Inflow | 74,300 | 490.0M | 3.5M | 293.0M | 44.1M |
| Total Financing Cash Outflow | 44.8M | 57.4M | 37.6M | 84.0M | 67.3M |
| Financing Cash Flow | -44.7M | 433.0M | -34.1M | 209.0M | -23.2M |
| Net Change In Cash | -74.8M | 439.0M | -113.0M | 206.0M | 30.0M |
| Ending Cash Balance | 735.0M | 810.0M | 371.0M | 484.0M | 279.0M |
| Capex | 78.7M | 71.1M | 96.7M | 78.6M | 35.7M |