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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 746.0M | 590.0M | 499.0M | 508.0M | 435.0M | 455.0M | 262.0M | 187.0M | 157.0M |
| Revenue Growth % | 26.4% | 18.2% | -1.8% | 16.8% | -4.4% | 73.7% | 40.1% | 19.1% | -- |
| Total Revenue | 746.0M | 590.0M | 499.0M | 508.0M | 435.0M | 455.0M | 262.0M | 187.0M | 157.0M |
| Cost Of Revenue | 381.0M | 299.0M | 249.0M | 260.0M | 215.0M | 208.0M | 120.0M | 86.8M | 72.5M |
| Gross Profit | 365.0M | 291.0M | 250.0M | 248.0M | 220.0M | 247.0M | 142.0M | 100.2M | 84.5M |
| Gross Margin % | 48.9% | 49.3% | 50.1% | 48.8% | 50.6% | 54.3% | 54.2% | 53.6% | 53.8% |
| Total Operating Cost | 665.0M | 516.0M | 425.0M | 418.0M | 350.0M | 350.0M | 216.0M | 161.0M | 142.0M |
| Selling Expenses | 83.8M | 56.5M | 55.8M | 55.1M | 39.0M | 60.5M | 41.2M | 33.8M | 35.3M |
| Admin Expenses | 77.2M | 59.4M | 51.3M | 41.8M | 36.1M | 26.9M | 16.3M | 15.5M | 14.0M |
| Rd Expenses | 105.0M | 90.3M | 74.5M | 58.8M | 52.5M | 44.8M | 30.6M | 21.2M | 18.0M |
| Finance Expenses | 841,600 | -4.1M | -8.6M | -5.4M | -978,300 | -13,000 | -789,200 | -275,100 | -172,300 |
| Operating Income | 93.3M | 85.8M | 86.0M | 104.0M | 93.0M | 105.0M | 56.1M | 29.1M | 16.1M |
| Operating Margin % | 12.5% | 14.5% | 17.2% | 20.5% | 21.4% | 23.1% | 21.4% | 15.6% | 10.2% |
| Non Operating Income | 107,200 | 70,700 | 307,600 | 5.0M | 5.7M | 1.8M | 1.9M | 2.2M | 2.1M |
| Non Operating Expenses | 618,100 | 192,000 | 108,000 | 446,700 | 1.8M | 1.0M | 105,600 | 409,400 | 104,800 |
| Investment Income | 2.2M | 4.0M | 3.2M | 10.5M | 1.9M | -1.2M | 101,200 | 1.8M | 724,300 |
| Fair Value Change Income | 28,900 | 245,000 | -71,600 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -73,500 | -96,800 | -217,200 | -93,800 | 146,500 | 900.00 | 2,700 | -4,100 | 20,600 |
| Asset Impairment Loss | 3.6M | 3.8M | 471,500 | 101,200 | 650,800 | 2.2M | 4.0M | 562,600 | -360,700 |
| Other Income | 10.7M | 7.5M | 9.2M | 3.7M | 5.8M | 1.2M | 9.4M | 612,200 | -- |
| Income Before Tax | 92.8M | 85.7M | 86.2M | 109.0M | 96.8M | 106.0M | 57.9M | 31.0M | 18.0M |
| Income Tax | 5.1M | 7.4M | 3.8M | 12.3M | 10.1M | 14.8M | 6.4M | 3.9M | 2.5M |
| Net Income | 87.7M | 78.3M | 82.4M | 96.4M | 86.8M | 91.5M | 51.5M | 27.0M | 15.6M |
| Net Margin % | 11.8% | 13.3% | 16.5% | 19.0% | 19.9% | 20.1% | 19.6% | 14.5% | 9.9% |
| Net Income Attributable | 86.4M | 81.1M | 82.3M | 97.4M | 87.2M | 92.9M | 52.3M | 27.2M | 15.6M |
| Minority Interest | 1.3M | -2.8M | 126,500 | -1.0M | -411,200 | -1.4M | -799,700 | -203,100 | -- |
| Eps Basic | 0.78 | 0.73 | 0.75 | 1.24 | 1.26 | 1.56 | 0.92 | 0.48 | -- |
| Eps Diluted | 0.78 | 0.73 | 0.75 | 1.23 | 1.26 | 1.56 | 0.92 | 0.48 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 248.0M | 194.0M | 484.0M | 617.0M | 557.0M | 115.0M | 89.9M | 70.0M | 8.9M |
| Trading Financial Assets | 18.6M | 162.0M | 20.2M | 6.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 376.0M | 304.0M | 207.0M | 225.0M | 202.0M | 185.0M | 137.0M | 74.3M | 60.1M |
| Notes Receivable | 25.4M | 14.3M | 11.6M | 31.7M | 41.8M | 44.1M | 17.5M | 15.4M | 11.7M |
| Notes And Accounts Receivable | 402.0M | 318.0M | 219.0M | 257.0M | 244.0M | 229.0M | 155.0M | 89.7M | 71.8M |
| Prepayments | 7.1M | 8.8M | 4.8M | 12.4M | 1.8M | 5.9M | 1.4M | 1.2M | 1.5M |
| Inventory | 134.0M | 83.2M | 67.8M | 64.5M | 41.6M | 51.0M | 37.6M | 24.5M | 19.7M |
| Total Current Assets | 844.0M | 808.0M | 832.0M | 995.0M | 1.0B | 405.0M | 291.0M | 189.0M | 108.0M |
| Long Term Equity Investment | 57.5M | 17.1M | 18.5M | 19.7M | 5.1M | 2.1M | 3.6M | -- | -- |
| Fixed Assets | -- | 282.0M | 131.0M | 119.0M | 103.0M | 106.0M | 103.0M | 109.0M | -- |
| Fixed Assets Total | 754.0M | 282.0M | 131.0M | 119.0M | 103.0M | 106.0M | 103.0M | 109.0M | 117.0M |
| Construction In Progress | -- | 298.0M | 274.0M | 122.0M | 61.8M | 13.0M | 2.4M | -- | -- |
| Construction In Progress Total | 10.3M | 298.0M | 274.0M | 122.0M | 61.8M | 13.0M | 2.4M | -- | -- |
| Intangible Assets | 75.9M | 32.0M | 32.8M | 34.7M | 34.0M | 29.7M | 12.4M | 13.0M | 13.0M |
| Long Term Deferred Expenses | 12.7M | 14.4M | 10.8M | 5.4M | 6.0M | 5.2M | 488,600 | 696,400 | 1.1M |
| Total Non Current Assets | 963.0M | 764.0M | 579.0M | 349.0M | 219.0M | 165.0M | 127.0M | 128.0M | 182.0M |
| Total Assets | 1.8B | 1.6B | 1.4B | 1.3B | 1.2B | 571.0M | 418.0M | 318.0M | 290.0M |
| Short Term Borrowings | 131.0M | 59.5M | 512,000 | -- | 145,300 | 4.9M | -- | 10.0M | -- |
| Accounts Payable | 151.0M | 87.9M | 56.3M | 66.1M | 57.0M | 56.7M | 44.1M | 24.5M | 17.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 64,400 | 45,800 | 5,000 | 93,600 |
| Contract Liabilities | 8.9M | 628,200 | 454,100 | 165,700 | 51,200 | -- | -- | -- | -- |
| Total Current Liabilities | 414.0M | 244.0M | 123.0M | 131.0M | 131.0M | 160.0M | 103.0M | 73.6M | 41.8M |
| Long Term Borrowings | 7.3M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 44.6M | 21.3M | 24.5M | 15.2M | 10.1M | 10.2M | 6.5M | 1.5M | 1.6M |
| Total Liabilities | 459.0M | 265.0M | 148.0M | 146.0M | 142.0M | 170.0M | 109.0M | 75.1M | 43.4M |
| Paid In Capital | 112.0M | 112.0M | 79.8M | 79.6M | 79.6M | 59.7M | 59.7M | 56.6M | 10.0M |
| Capital Reserve | 769.0M | 786.0M | 830.0M | 819.0M | 799.0M | 199.0M | 199.0M | 186.0M | 1,938 |
| Surplus Reserve | 62.2M | 52.6M | 42.6M | 34.2M | 24.8M | 15.9M | 6.1M | 407,300 | 21.6M |
| Retained Earnings | 394.0M | 342.0M | 296.0M | 251.0M | 189.0M | 119.0M | 36.0M | -10.6M | 206.0M |
| Minority Equity | 26.5M | 14.8M | 15.5M | 15.2M | 5.8M | 995,500 | 497,200 | 1.3M | -- |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.2B | 1.1B | 400.0M | 308.0M | 241.0M | 247.0M |
| Total Equity | 1.3B | 1.3B | 1.3B | 1.2B | 1.1B | 401.0M | 309.0M | 242.0M | 247.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 710.0M | 520.0M | 583.0M | 539.0M | 466.0M | 442.0M | 235.0M | 199.0M | 185.0M |
| Tax Refunds Received | 3.7M | 9.9M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 758.0M | 554.0M | 613.0M | 569.0M | 507.0M | 470.0M | 265.0M | 210.0M | 192.0M |
| Cash Paid For Goods | 360.0M | 243.0M | 237.0M | 323.0M | 253.0M | 202.0M | 116.0M | 78.2M | 54.5M |
| Cash Paid To Employees | 176.0M | 146.0M | 119.0M | 99.6M | 86.5M | 66.9M | 46.1M | 40.1M | 39.9M |
| Taxes Paid | 45.7M | 43.9M | 37.3M | 42.7M | 41.9M | 51.8M | 27.6M | 23.9M | 23.1M |
| Total Operating Cash Outflow | 665.0M | 527.0M | 472.0M | 512.0M | 435.0M | 398.0M | 248.0M | 184.0M | 154.0M |
| Operating Cash Flow | 92.7M | 26.4M | 141.0M | 57.0M | 71.8M | 72.5M | 16.3M | 25.6M | 38.8M |
| Total Investing Cash Inflow | 788.0M | 1.5B | 507.0M | 583.0M | 477.0M | 310.0M | 251.0M | 224.0M | 173.0M |
| Total Investing Cash Outflow | 846.0M | 1.8B | 756.0M | 543.0M | 704.0M | 363.0M | 258.0M | 176.0M | 208.0M |
| Investing Cash Flow | -57.7M | -348.0M | -249.0M | 39.8M | -228.0M | -53.0M | -7.4M | 48.1M | -35.8M |
| Cash From Borrowings | 154.0M | 61.5M | -- | -- | -- | -- | -- | 10.0M | -- |
| Dividends And Interest Paid | 27.3M | 25.1M | 29.5M | 26.3M | 8.0M | -- | 4.6M | 27.8M | 162,300 |
| Debt Repayments | 84.5M | -- | -- | -- | -- | -- | 10.0M | -- | 10.0M |
| Total Financing Cash Inflow | 167.0M | 61.6M | 7.3M | -- | 635.0M | 4.9M | 14.8M | 11.5M | -- |
| Total Financing Cash Outflow | 152.0M | 30.9M | 32.9M | 27.6M | 23.9M | 3.5M | 14.6M | 27.8M | 10.2M |
| Financing Cash Flow | 15.0M | 30.7M | -25.6M | -27.6M | 611.0M | 1.4M | 104,200 | -16.3M | -10.2M |
| Net Change In Cash | 50.3M | -290.0M | -131.0M | 68.2M | 453.0M | 21.0M | 9.5M | 57.4M | -7.1M |
| Ending Cash Balance | 241.0M | 191.0M | 481.0M | 612.0M | 544.0M | 91.1M | 70.2M | 60.7M | 3.3M |
| Capex | 149.0M | 211.0M | 240.0M | 108.0M | 56.8M | 44.6M | 6.4M | 2.2M | 7.3M |