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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 493.0M | 495.0M | 374.0M | 339.0M | 358.0M | 316.0M | 223.0M | 165.0M |
| Revenue Growth % | -0.4% | 32.4% | 10.3% | -5.3% | 13.3% | 41.7% | 35.2% | -- |
| Total Revenue | 493.0M | 495.0M | 374.0M | 339.0M | 358.0M | 316.0M | 223.0M | 165.0M |
| Cost Of Revenue | 312.0M | 305.0M | 213.0M | 202.0M | 219.0M | 190.0M | 137.0M | 97.7M |
| Gross Profit | 181.0M | 190.0M | 161.0M | 137.0M | 139.0M | 126.0M | 86.0M | 67.3M |
| Gross Margin % | 36.7% | 38.4% | 43.0% | 40.4% | 38.8% | 39.9% | 38.6% | 40.8% |
| Total Operating Cost | 408.0M | 402.0M | 291.0M | 259.0M | 277.0M | 246.0M | 181.0M | 132.0M |
| Selling Expenses | 17.9M | 19.7M | 15.9M | 12.4M | 10.5M | 12.8M | 11.2M | 10.3M |
| Admin Expenses | 23.4M | 28.5M | 24.1M | 19.8M | 16.0M | 14.5M | 13.3M | 11.3M |
| Rd Expenses | 36.5M | 36.9M | 30.5M | 21.2M | 23.2M | 19.2M | 14.0M | 11.5M |
| Finance Expenses | -729,600 | -3.3M | -2.2M | -1.1M | -420,900 | -103,700 | 116,200 | -56,800 |
| Operating Income | 94.3M | 102.0M | 92.5M | 86.9M | 86.1M | 71.2M | 42.7M | 34.3M |
| Operating Margin % | 19.1% | 20.6% | 24.7% | 25.6% | 24.1% | 22.5% | 19.1% | 20.8% |
| Non Operating Income | 170,800 | 43,700 | 190,700 | 71,900 | 950,800 | 273,800 | 47,100 | -- |
| Non Operating Expenses | 550,000 | 212,400 | 526,200 | 258,700 | 4.5M | 1.0M | 70,000 | 6,000 |
| Investment Income | 2.3M | 2.4M | 4.2M | 2.9M | -- | -- | -- | 391,100 |
| Fair Value Change Income | 54,400 | 182,100 | 691,200 | 407,400 | -- | -- | -- | -- |
| Asset Disposal Income | -14,900 | -410,900 | 5,400 | 37,900 | 27,900 | 104,900 | -12,800 | -920,800 |
| Asset Impairment Loss | 8.9M | 3.2M | 2.8M | 2.9M | 5.3M | 2.8M | 3.5M | -871,600 |
| Other Income | 7.3M | 6.7M | 5.0M | 3.4M | 4.9M | 1.5M | 463,400 | 1.9M |
| Income Before Tax | 94.0M | 102.0M | 92.2M | 86.7M | 82.6M | 70.4M | 42.6M | 34.3M |
| Income Tax | 10.1M | 10.9M | 10.8M | 10.2M | 10.0M | 8.8M | 6.2M | 5.3M |
| Net Income | 83.9M | 91.3M | 81.4M | 76.5M | 72.6M | 61.6M | 36.5M | 28.9M |
| Net Margin % | 17.0% | 18.4% | 21.8% | 22.6% | 20.3% | 19.5% | 16.4% | 17.5% |
| Net Income Attributable | 82.5M | 90.7M | 81.2M | 76.5M | 72.6M | 61.6M | 36.5M | 28.9M |
| Minority Interest | 1.4M | 651,100 | 150,500 | -54.00 | -- | -- | -- | -- |
| Eps Basic | 1.29 | 1.42 | 1.28 | 1.31 | 1.52 | 1.29 | 0.79 | 0.64 |
| Eps Diluted | 1.29 | 1.41 | 1.27 | 1.31 | 1.52 | 1.29 | 0.79 | 0.64 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 215.0M | 258.0M | 231.0M | 326.0M | 126.0M | 56.6M | 55.9M | 33.5M |
| Trading Financial Assets | 30.4M | 33.3M | 173.0M | 70.4M | -- | -- | -- | -- |
| Accounts Receivable | 201.0M | 189.0M | 138.0M | 122.0M | 153.0M | 103.0M | 90.4M | 68.0M |
| Notes Receivable | 29.9M | 24.9M | 15.1M | 22.8M | 22.0M | 30.7M | 26.7M | 24.5M |
| Notes And Accounts Receivable | 231.0M | 214.0M | 153.0M | 145.0M | 175.0M | 134.0M | 117.0M | 92.5M |
| Prepayments | 25.5M | 20.7M | 32.2M | 8.2M | 6.6M | 13.5M | 12.5M | 16.7M |
| Inventory | 246.0M | 257.0M | 254.0M | 204.0M | 190.0M | 206.0M | 201.0M | 164.0M |
| Total Current Assets | 851.0M | 888.0M | 926.0M | 842.0M | 526.0M | 457.0M | 398.0M | 317.0M |
| Long Term Equity Investment | 28.5M | 13.3M | 9.0M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 193.0M | 101.0M | 94.1M | 96.8M | 95.1M | 74.8M | 47.9M |
| Fixed Assets Total | 287.0M | 193.0M | 101.0M | 94.1M | 96.8M | 95.1M | 74.8M | 47.9M |
| Construction In Progress | -- | 68.4M | 40.8M | 3.0M | -- | 12.9M | 2.5M | 4.1M |
| Construction In Progress Total | 18.7M | 68.4M | 40.8M | 3.0M | -- | 12.9M | 2.5M | 4.1M |
| Intangible Assets | 14.7M | 15.6M | 16.7M | 13.8M | 11.0M | 10.9M | 10.9M | 11.0M |
| Long Term Deferred Expenses | 1.6M | 36,500 | 259,800 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 461.0M | 369.0M | 209.0M | 139.0M | 131.0M | 141.0M | 112.0M | 86.7M |
| Total Assets | 1.3B | 1.3B | 1.1B | 981.0M | 657.0M | 598.0M | 510.0M | 404.0M |
| Short Term Borrowings | 10.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 104.0M | 94.7M | 71.9M | 66.5M | 58.0M | 49.5M | 36.3M | 32.6M |
| Advance Receipts | 366,200 | 399,100 | -- | -- | -- | 170.0M | 159.0M | 140.0M |
| Contract Liabilities | 152.0M | 147.0M | 167.0M | 153.0M | 172.0M | -- | -- | -- |
| Total Current Liabilities | 322.0M | 323.0M | 311.0M | 275.0M | 284.0M | 299.0M | 265.0M | 218.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 4.6M | -- |
| Total Non Current Liabilities | 45.2M | 38.8M | 29.2M | 19.9M | 17.3M | 17.5M | 21.8M | 7.3M |
| Total Liabilities | 367.0M | 362.0M | 340.0M | 295.0M | 301.0M | 317.0M | 287.0M | 225.0M |
| Paid In Capital | 64.4M | 64.0M | 63.7M | 63.7M | 47.7M | 47.7M | 47.7M | 45.0M |
| Capital Reserve | 398.0M | 397.0M | 379.0M | 366.0M | 130.0M | 130.0M | 125.0M | 96.7M |
| Surplus Reserve | 32.2M | 29.1M | 21.5M | 17.7M | 13.5M | 9.4M | 6.4M | 3.9M |
| Retained Earnings | 408.0M | 365.0M | 294.0M | 224.0M | 152.0M | 83.4M | 34.8M | 25.8M |
| Minority Equity | 25.8M | 22.6M | 19.7M | -54.00 | -- | -- | -- | -- |
| Equity Attributable | 919.0M | 872.0M | 775.0M | 686.0M | 356.0M | 281.0M | 222.0M | 179.0M |
| Total Equity | 944.0M | 894.0M | 795.0M | 686.0M | 356.0M | 281.0M | 222.0M | 179.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 418.0M | 355.0M | 363.0M | 268.0M | 306.0M | 216.0M | 132.0M | 118.0M |
| Tax Refunds Received | 2.6M | 3.1M | 742,900 | 2,300 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 425.0M | 375.0M | 380.0M | 276.0M | 314.0M | 218.0M | 148.0M | 124.0M |
| Cash Paid For Goods | 181.0M | 166.0M | 209.0M | 125.0M | 160.0M | 74.3M | 43.9M | 34.6M |
| Cash Paid To Employees | 67.8M | 59.3M | 46.1M | 34.0M | 32.3M | 29.2M | 25.4M | 21.2M |
| Taxes Paid | 38.3M | 41.9M | 20.3M | 29.8M | 24.9M | 27.1M | 20.8M | 19.7M |
| Total Operating Cash Outflow | 372.0M | 311.0M | 308.0M | 223.0M | 246.0M | 158.0M | 109.0M | 93.9M |
| Operating Cash Flow | 53.7M | 63.7M | 72.3M | 53.0M | 67.7M | 60.1M | 38.6M | 29.9M |
| Total Investing Cash Inflow | 382.0M | 519.0M | 944.0M | 492.0M | 2.8M | 432,200 | 9,402 | 35.7M |
| Total Investing Cash Outflow | 496.0M | 545.0M | 1.1B | 581.0M | 7.9M | 35.9M | 32.9M | 38.2M |
| Investing Cash Flow | -114.0M | -26.3M | -169.0M | -88.8M | -5.1M | -35.4M | -32.9M | -2.5M |
| Cash From Borrowings | 10.1M | -- | -- | -- | -- | -- | 6.5M | -- |
| Dividends And Interest Paid | 36.5M | 12.2M | 7.7M | -- | 12.3M | 19.7M | 18.4M | 8.9M |
| Debt Repayments | 95,000 | -- | -- | -- | -- | 5.7M | 812,500 | -- |
| Total Financing Cash Inflow | 15.9M | 5.8M | 5.5M | 306.0M | -- | -- | 36.5M | -- |
| Total Financing Cash Outflow | 42.9M | 23.1M | 9.4M | 54.2M | 13.3M | 25.4M | 19.3M | 8.9M |
| Financing Cash Flow | -27.1M | -17.2M | -3.9M | 252.0M | -13.3M | -25.4M | 17.2M | -8.9M |
| Net Change In Cash | -87.2M | 20.1M | -100.0M | 216.0M | 49.3M | -665,700 | 22.9M | 18.4M |
| Ending Cash Balance | 152.0M | 239.0M | 219.0M | 319.0M | 103.0M | 53.6M | 54.2M | 31.3M |
| Capex | 71.0M | 157.0M | 57.8M | 21.7M | 7.9M | 35.9M | 32.9M | 27.9M |