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 | 456.0M | 435.0M | 396.0M | 387.0M | 379.0M | 327.0M | 278.0M | 194.0M |
| Revenue Growth % | 4.8% | 9.8% | 2.3% | 2.1% | 15.9% | 17.6% | 43.3% | -- |
| Total Revenue | 456.0M | 435.0M | 396.0M | 387.0M | 379.0M | 327.0M | 278.0M | 194.0M |
| Cost Of Revenue | 192.0M | 158.0M | 137.0M | 108.0M | 78.8M | 65.0M | 82.4M | 65.8M |
| Gross Profit | 264.0M | 277.0M | 259.0M | 279.0M | 300.2M | 262.0M | 195.6M | 128.2M |
| Gross Margin % | 57.9% | 63.7% | 65.4% | 72.1% | 79.2% | 80.1% | 70.4% | 66.1% |
| Total Operating Cost | 401.0M | 365.0M | 330.0M | 319.0M | 320.0M | 279.0M | 249.0M | 161.0M |
| Selling Expenses | 66.3M | 108.0M | 113.0M | 152.0M | 182.0M | 167.0M | 114.0M | 50.0M |
| Admin Expenses | 61.7M | 53.9M | 45.7M | 40.2M | 30.6M | 25.1M | 27.8M | 21.1M |
| Rd Expenses | 49.2M | 29.0M | 23.3M | 13.7M | 18.2M | 11.1M | 15.7M | 14.5M |
| Finance Expenses | 9.2M | 4.9M | -1.5M | -1.8M | -1.3M | 634,700 | -445,700 | 2.8M |
| Operating Income | 62.1M | 81.1M | 72.8M | 75.8M | 69.8M | 57.6M | 34.4M | 39.2M |
| Operating Margin % | 13.6% | 18.6% | 18.4% | 19.6% | 18.4% | 17.6% | 12.4% | 20.2% |
| Non Operating Income | 245,600 | 333,500 | 3,400 | 20,600 | 81,700 | 10,800 | 5,600 | 302,200 |
| Non Operating Expenses | 797,600 | 1.3M | 480,600 | 5.3M | 988,900 | 1.2M | 36,400 | 140,600 |
| Investment Income | 1.7M | -1.4M | 2.5M | 1.5M | -- | -- | -- | -- |
| Fair Value Change Income | 157,000 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -1,100 | -79,400 | -13,500 | -- | -388,700 | -- | -- |
| Asset Impairment Loss | 10.9M | 4.9M | 4.8M | 1.3M | 6.3M | 5.6M | 5.2M | 3.6M |
| Other Income | 4.9M | 13.0M | 5.0M | 7.3M | 10.7M | 9.8M | 5.4M | 5.8M |
| Income Before Tax | 61.5M | 80.1M | 72.4M | 70.5M | 68.9M | 56.3M | 34.4M | 39.4M |
| Income Tax | 11.7M | 9.8M | 7.9M | 9.2M | 8.9M | 8.2M | 4.6M | 5.5M |
| Net Income | 49.8M | 70.3M | 64.5M | 61.3M | 60.0M | 48.1M | 29.9M | 33.9M |
| Net Margin % | 10.9% | 16.2% | 16.3% | 15.8% | 15.8% | 14.7% | 10.7% | 17.5% |
| Net Income Attributable | 50.0M | 70.3M | 64.5M | 61.3M | 60.0M | 48.1M | 29.9M | 33.9M |
| Minority Interest | -188,300 | -12,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.45 | 0.63 | 0.58 | 0.85 | 1.00 | 0.80 | 0.51 | 0.58 |
| Eps Diluted | 0.44 | 0.62 | 0.58 | 0.85 | 1.00 | 0.80 | 0.51 | 0.58 |
| 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 | 219.0M | 219.0M | 372.0M | 212.0M | 130.0M | 104.0M | 121.0M | 36.5M |
| Trading Financial Assets | 20.2M | 50.0M | -- | 200.0M | -- | -- | -- | -- |
| Accounts Receivable | 102.0M | 108.0M | 101.0M | 102.0M | 96.8M | 82.3M | 65.6M | 53.2M |
| Notes Receivable | 914,700 | 495,000 | 6.5M | 1.8M | 3.4M | 4.5M | 3.7M | 1.5M |
| Notes And Accounts Receivable | 103.0M | 108.0M | 107.0M | 104.0M | 100.0M | 86.8M | 69.3M | 54.7M |
| Prepayments | 12.3M | 9.0M | 9.1M | 7.5M | 2.7M | 3.5M | 4.8M | 3.5M |
| Inventory | 305.0M | 194.0M | 135.0M | 101.0M | 90.0M | 86.5M | 75.3M | 66.6M |
| Total Current Assets | 718.0M | 609.0M | 666.0M | 652.0M | 336.0M | 297.0M | 274.0M | 163.0M |
| Long Term Equity Investment | 21.2M | 22.6M | 25.8M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 208.0M | 199.0M | 184.0M | 131.0M | 130.0M | 94.0M | 94.1M |
| Fixed Assets Total | 378.0M | 208.0M | 199.0M | 184.0M | 131.0M | 130.0M | 94.0M | 94.1M |
| Construction In Progress | -- | 274.0M | 83.6M | 50.1M | 69.4M | 48.7M | 79.4M | 54.3M |
| Construction In Progress Total | 349.0M | 274.0M | 83.6M | 50.1M | 69.4M | 48.7M | 79.4M | 54.3M |
| Intangible Assets | 40.2M | 35.5M | 36.3M | 36.5M | 22.5M | 23.0M | 23.6M | 24.1M |
| Long Term Deferred Expenses | 1.3M | 2.5M | 3.7M | 1.6M | 1.2M | 200,300 | 370,900 | 581,300 |
| Total Non Current Assets | 930.0M | 706.0M | 442.0M | 305.0M | 257.0M | 222.0M | 204.0M | 185.0M |
| Total Assets | 1.6B | 1.3B | 1.1B | 957.0M | 593.0M | 519.0M | 478.0M | 348.0M |
| Short Term Borrowings | 200.0M | 37.0M | 50.4M | 30.0M | -- | -- | 10.0M | 10.0M |
| Accounts Payable | 78.8M | 55.6M | 31.7M | 8.1M | 20.7M | 19.8M | 22.4M | 11.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 8.4M | 21.0M | 8.7M |
| Contract Liabilities | 26.9M | 9.5M | 18.0M | 14.6M | 15.7M | -- | -- | -- |
| Total Current Liabilities | 543.0M | 241.0M | 225.0M | 162.0M | 145.0M | 131.0M | 137.0M | 84.9M |
| Long Term Borrowings | 182.0M | 189.0M | 48.1M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 186.0M | 194.0M | 56.3M | 9.0M | 10.4M | 11.2M | 14.4M | 21.6M |
| Total Liabilities | 730.0M | 436.0M | 281.0M | 171.0M | 155.0M | 142.0M | 151.0M | 106.0M |
| Paid In Capital | 112.0M | 112.0M | 80.0M | 80.0M | 60.0M | 60.0M | 60.0M | 58.0M |
| Capital Reserve | 390.0M | 379.0M | 408.0M | 407.0M | 141.0M | 140.0M | 139.0M | 85.1M |
| Surplus Reserve | 18.7M | 12.1M | 6.5M | 4.8M | 4.7M | 4.7M | 4.0M | 3.8M |
| Retained Earnings | 398.0M | 377.0M | 332.0M | 293.0M | 232.0M | 172.0M | 125.0M | 94.8M |
| Minority Equity | -21,000 | 167,300 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 918.0M | 880.0M | 827.0M | 785.0M | 438.0M | 376.0M | 327.0M | 242.0M |
| Total Equity | 918.0M | 880.0M | 827.0M | 785.0M | 438.0M | 376.0M | 327.0M | 242.0M |
| 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 | 484.0M | 443.0M | 455.0M | 422.0M | 446.0M | 319.0M | 308.0M | 180.0M |
| Tax Refunds Received | 7.1M | 12.2M | 12.6M | 760,800 | 195,900 | 257,100 | 487,600 | 832,200 |
| Total Operating Cash Inflow | 545.0M | 581.0M | 552.0M | 513.0M | 528.0M | 385.0M | 343.0M | 200.0M |
| Cash Paid For Goods | 199.0M | 116.0M | 108.0M | 100.0M | 66.7M | 56.3M | 64.7M | 38.5M |
| Cash Paid To Employees | 117.0M | 101.0M | 79.9M | 63.7M | 48.6M | 49.1M | 46.4M | 35.8M |
| Taxes Paid | 37.1M | 19.6M | 30.1M | 35.5M | 37.9M | 27.7M | 27.5M | 17.5M |
| Total Operating Cash Outflow | 520.0M | 496.0M | 457.0M | 460.0M | 447.0M | 354.0M | 276.0M | 141.0M |
| Operating Cash Flow | 25.3M | 84.8M | 95.6M | 52.4M | 80.8M | 30.9M | 66.2M | 58.2M |
| Total Investing Cash Inflow | 359.0M | 371.0M | 645.0M | 202.0M | 178,000 | 819,400 | -- | -- |
| Total Investing Cash Outflow | 590.0M | 740.0M | 624.0M | 484.0M | 52.0M | 30.8M | 31.4M | 35.1M |
| Investing Cash Flow | -231.0M | -369.0M | 21.0M | -282.0M | -51.8M | -30.0M | -31.4M | -35.1M |
| Cash From Borrowings | 303.0M | 217.0M | 100.0M | 30.0M | -- | -- | 10.0M | 10.0M |
| Dividends And Interest Paid | 34.2M | 29.2M | 26.8M | 25,000 | -- | 401,200 | 415,600 | 29.0M |
| Debt Repayments | 81.4M | 57.0M | 30.0M | -- | -- | 10.0M | 10.0M | -- |
| Total Financing Cash Inflow | 309.0M | 217.0M | 100.0M | 340.0M | -- | -- | 65.0M | 23.6M |
| Total Financing Cash Outflow | 117.0M | 87.1M | 57.8M | 27.8M | 3.6M | 16.2M | 16.3M | 33.9M |
| Financing Cash Flow | 193.0M | 130.0M | 42.2M | 312.0M | -3.6M | -16.2M | 48.7M | -10.2M |
| Net Change In Cash | -12.4M | -154.0M | 162.0M | 82.0M | 25.3M | -15.9M | 84.8M | 11.7M |
| Ending Cash Balance | 205.0M | 218.0M | 372.0M | 210.0M | 128.0M | 103.0M | 119.0M | 34.0M |
| Capex | 247.0M | 278.0M | 136.0M | 64.2M | 52.0M | 30.8M | 31.4M | 35.1M |