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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 620.0M | 561.0M | 552.0M | 476.0M | 360.0M | 335.0M | 355.0M | 264.0M | 131.0M | 128.0M | 126.0M | 94.1M |
| Revenue Growth % | 10.5% | 1.6% | 16.0% | 32.2% | 7.5% | -5.6% | 34.5% | 101.5% | 2.3% | 1.6% | 33.9% | -- |
| Total Revenue | 620.0M | 561.0M | 552.0M | 476.0M | 360.0M | 335.0M | 355.0M | 264.0M | 131.0M | 128.0M | 126.0M | 94.1M |
| Cost Of Revenue | 446.0M | 303.0M | 252.0M | 218.0M | 176.0M | 207.0M | 206.0M | 168.0M | 66.0M | 69.7M | 70.5M | 56.7M |
| Gross Profit | 174.0M | 258.0M | 300.0M | 258.0M | 184.0M | 128.0M | 149.0M | 96.0M | 65.0M | 58.3M | 55.5M | 37.4M |
| Gross Margin % | 28.1% | 46.0% | 54.3% | 54.2% | 51.1% | 38.2% | 42.0% | 36.4% | 49.6% | 45.5% | 44.0% | 39.7% |
| Total Operating Cost | 831.0M | 495.0M | 456.0M | 420.0M | 339.0M | 464.0M | 359.0M | 300.0M | 130.0M | 122.0M | 125.0M | 96.4M |
| Selling Expenses | 42.9M | 33.6M | 34.7M | 33.8M | 29.1M | 39.2M | 48.2M | 34.1M | 11.9M | 10.0M | 8.4M | 4.8M |
| Admin Expenses | 111.0M | 82.6M | 97.7M | 70.4M | 57.3M | 65.3M | 35.2M | 26.1M | 49.7M | 39.8M | 42.7M | 31.8M |
| Rd Expenses | 95.1M | 78.6M | 76.7M | 67.8M | 69.9M | 74.9M | 54.6M | 51.8M | -- | -- | -- | -- |
| Finance Expenses | -102,300 | -41.3M | -28.3M | 11.6M | 461,900 | 3.6M | -2.0M | -1.9M | -375,700 | 1.0M | 1.0M | 1.0M |
| Operating Income | -191.0M | 91.2M | 138.0M | 76.8M | 37.6M | -117.0M | 15.2M | -13.8M | 2.1M | 5.5M | 1.5M | 4.2M |
| Operating Margin % | -30.8% | 16.3% | 25.0% | 16.1% | 10.5% | -34.9% | 4.3% | -5.2% | 1.6% | 4.3% | 1.2% | 4.4% |
| Non Operating Income | 632,200 | 5.4M | 9.2M | 266,900 | 691,300 | 4.2M | 2.9M | 1.2M | 17.5M | 20.7M | 7.4M | 13.4M |
| Non Operating Expenses | 1.6M | 473,100 | 454,900 | 364,200 | 469,900 | 496,000 | 77,500 | 111,200 | 192,900 | 159,900 | 315,200 | 111,900 |
| Investment Income | -835,700 | -568,600 | -- | -- | 628,200 | 1.4M | 5.6M | 6.1M | 181,000 | 122,900 | 591,900 | 6.4M |
| Fair Value Change Income | 1.8M | 13.2M | 22.4M | 2.9M | 413,500 | -- | -- | 4,800 | -- | -- | -- | -- |
| Asset Disposal Income | 66,400 | -3.3M | 139,800 | -162,500 | 7,100 | 19,500 | -15,700 | 800.00 | -- | -- | -- | -- |
| Asset Impairment Loss | 122.0M | 25.0M | 17.4M | 8.5M | 2.8M | 71.1M | 15.3M | 19.9M | 1.7M | 1.6M | 2.2M | 1.4M |
| Other Income | 18.8M | 15.9M | 19.6M | 18.5M | 15.9M | 10.5M | 14.1M | 16.1M | -- | -- | -- | -- |
| Income Before Tax | -192.0M | 96.1M | 147.0M | 76.7M | 37.8M | -114.0M | 18.1M | -12.7M | 19.4M | 26.0M | 8.6M | 17.4M |
| Income Tax | -16.9M | 5.6M | 20.4M | 11.8M | 4.3M | -33.3M | -615,200 | -3.3M | 399,000 | 3.9M | -356,600 | 3.1M |
| Net Income | -175.0M | 90.5M | 126.0M | 64.9M | 33.6M | -80.4M | 18.7M | -9.4M | 19.0M | 22.1M | 9.0M | 14.4M |
| Net Margin % | -28.2% | 16.1% | 22.8% | 13.6% | 9.3% | -24.0% | 5.3% | -3.6% | 14.5% | 17.3% | 7.1% | 15.3% |
| Net Income Attributable | -175.0M | 90.5M | 127.0M | 67.8M | 34.9M | -80.4M | 18.7M | -9.4M | 19.0M | 22.1M | 9.0M | 14.4M |
| Minority Interest | -- | -- | -756,300 | -2.9M | -1.3M | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -1.95 | 1.01 | 1.41 | 1.00 | 0.54 | -1.31 | 0.30 | -0.18 | 0.48 | 0.58 | 0.18 | 0.44 |
| Eps Diluted | -1.95 | 1.01 | 1.41 | 1.00 | 0.54 | -1.31 | 0.30 | -0.18 | 0.48 | 0.58 | 0.18 | -- |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 874.0M | 1.6B | 969.0M | 1.7B | 95.4M | 69.9M | 102.0M | 29.1M | 36.6M | 31.5M | 11.3M | 18.3M |
| Trading Financial Assets | -- | -- | 737.0M | 62.1M | 116.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 147.0M | 155.0M | 148.0M | 120.0M | 71.7M | 70.3M | 64.7M | 60.4M | 55.2M | 49.9M | 60.8M | 34.5M |
| Notes Receivable | 14.7M | 19.9M | 30.7M | 26.5M | 17.1M | 14.4M | 4.4M | 4.7M | 3.2M | 6.4M | 363,400 | -- |
| Notes And Accounts Receivable | 162.0M | 175.0M | 179.0M | 147.0M | 88.8M | 84.7M | 69.1M | 65.1M | 58.3M | 56.3M | 61.2M | 34.5M |
| Prepayments | 20.6M | 11.4M | 11.5M | 12.6M | 4.3M | 3.9M | 12.2M | 16.1M | 23.0M | 27.4M | 14.6M | 11.4M |
| Inventory | 321.0M | 205.0M | 243.0M | 158.0M | 141.0M | 130.0M | 150.0M | 109.0M | 103.0M | 70.7M | 64.1M | 60.9M |
| Total Current Assets | 1.4B | 2.0B | 2.2B | 2.2B | 493.0M | 310.0M | 366.0M | 327.0M | 232.0M | 202.0M | 157.0M | 160.0M |
| Long Term Equity Investment | 10.1M | 8.9M | -- | -- | -- | -- | -- | 170,300 | -- | -- | 29.9M | 32.1M |
| Fixed Assets | -- | 329.0M | 295.0M | 160.0M | 148.0M | 141.0M | 138.0M | 138.0M | 58.3M | 57.1M | 75.3M | 11.1M |
| Fixed Assets Total | 684.0M | 329.0M | 295.0M | 160.0M | 148.0M | 141.0M | 138.0M | 138.0M | 58.3M | 57.1M | 75.3M | 11.1M |
| Construction In Progress | -- | 60.4M | 50.1M | 26.7M | 2.1M | 1.8M | 4.5M | 993,300 | 3.5M | 3.5M | 3.5M | 32.4M |
| Construction In Progress Total | 159.0M | 60.4M | 50.1M | 26.7M | 2.1M | 1.8M | 4.5M | 993,300 | 3.5M | 3.5M | 3.5M | 32.4M |
| Intangible Assets | 181.0M | 60.8M | 40.0M | 39.2M | 43.0M | 21.9M | 25.8M | 22.6M | 4.0M | 4.1M | 6.4M | 8.2M |
| Long Term Deferred Expenses | 17.6M | 367,000 | 2.0M | 1.3M | 2.5M | 1.3M | 941,800 | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.5B | 589.0M | 517.0M | 360.0M | 328.0M | 297.0M | 323.0M | 298.0M | 117.0M | 115.0M | 118.0M | 84.2M |
| Total Assets | 2.9B | 2.6B | 2.7B | 2.5B | 820.0M | 606.0M | 688.0M | 625.0M | 349.0M | 317.0M | 274.0M | 244.0M |
| Short Term Borrowings | 7.2M | 19.5M | 54.4M | 27.8M | 39.2M | 40.8M | 50.1M | 28.0M | 11.0M | 10.0M | 7.0M | 29.0M |
| Accounts Payable | 49.0M | 43.9M | 61.4M | 30.9M | 23.5M | 17.5M | 20.5M | 15.4M | 16.8M | 24.6M | 37.7M | 21.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 34.2M | 21.7M | 12.8M | 1.5M | 3.3M | 2.2M | 3.2M |
| Contract Liabilities | 15.5M | 13.3M | 9.8M | 11.1M | 9.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 239.0M | 148.0M | 209.0M | 141.0M | 125.0M | 142.0M | 147.0M | 86.5M | 76.0M | 52.4M | 48.2M | 58.9M |
| Long Term Borrowings | 489.0M | 27.2M | -- | -- | -- | 10.0M | -- | -- | -- | 30.0M | 20.0M | -- |
| Total Non Current Liabilities | 593.0M | 70.0M | 42.1M | 50.7M | 60.0M | 38.1M | 31.2M | 50.1M | 44.8M | 55.5M | 42.8M | 34.7M |
| Total Liabilities | 832.0M | 218.0M | 252.0M | 192.0M | 185.0M | 180.0M | 178.0M | 137.0M | 121.0M | 108.0M | 90.9M | 93.6M |
| Paid In Capital | 90.4M | 90.4M | 90.0M | 90.0M | 67.5M | 61.4M | 61.4M | 61.4M | 40.0M | 40.0M | 35.5M | 33.9M |
| Capital Reserve | 2.3B | 2.3B | 2.2B | 2.2B | 624.0M | 466.0M | 465.0M | 463.0M | 131.0M | 131.0M | 126.0M | 100.0M |
| Surplus Reserve | 12.7M | 12.7M | 5.8M | -- | -- | -- | -- | -- | 7.6M | 4.7M | 5.6M | 4.2M |
| Retained Earnings | -44.0M | 158.0M | 113.0M | -8.1M | -75.9M | -111.0M | -26.3M | -44.8M | 49.0M | 32.9M | 16.0M | 12.3M |
| Minority Equity | -- | -- | -- | 6.6M | 9.4M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 2.4B | 2.5B | 2.3B | 626.0M | 426.0M | 511.0M | 489.0M | 228.0M | 209.0M | 183.0M | 151.0M |
| Total Equity | 2.1B | 2.4B | 2.5B | 2.3B | 635.0M | 426.0M | 511.0M | 489.0M | 228.0M | 209.0M | 183.0M | 151.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 555.0M | 545.0M | 477.0M | 423.0M | 338.0M | 364.0M | 403.0M | 287.0M | 126.0M | 138.0M | 103.0M | 84.3M |
| Tax Refunds Received | 6.7M | 7.1M | 25.3M | -- | -- | -- | -- | -- | 6.8M | 7.1M | 2.3M | 1.9M |
| Total Operating Cash Inflow | 610.0M | 601.0M | 535.0M | 451.0M | 396.0M | 390.0M | 426.0M | 308.0M | 162.0M | 181.0M | 145.0M | 151.0M |
| Cash Paid For Goods | 277.0M | 180.0M | 255.0M | 182.0M | 182.0M | 182.0M | 239.0M | 179.0M | 120.0M | 92.6M | 76.3M | 67.9M |
| Cash Paid To Employees | 319.0M | 191.0M | 196.0M | 167.0M | 138.0M | 166.0M | 128.0M | 91.7M | 30.1M | 24.5M | 24.1M | 18.6M |
| Taxes Paid | 19.3M | 25.3M | 18.7M | 15.7M | 3.4M | 19.6M | 4.8M | 13.0M | 5.3M | 1.9M | 2.8M | 1.7M |
| Total Operating Cash Outflow | 708.0M | 444.0M | 520.0M | 409.0M | 359.0M | 414.0M | 412.0M | 316.0M | 174.0M | 152.0M | 154.0M | 131.0M |
| Operating Cash Flow | -97.6M | 157.0M | 14.9M | 41.8M | 37.0M | -24.6M | 14.2M | -8.5M | -11.2M | 29.2M | -9.0M | 20.4M |
| Total Investing Cash Inflow | 397.0M | 2.0B | 1.1B | 357.0M | 118.0M | 136.0M | 573.0M | 108.0M | 27.9M | 19.2M | 52.7M | 48.9M |
| Total Investing Cash Outflow | 1.3B | 1.4B | 2.0B | 373.0M | 290.0M | 140.0M | 541.0M | 428.0M | 7.9M | 41.5M | 61.3M | 105.0M |
| Investing Cash Flow | -878.0M | 616.0M | -834.0M | -16.2M | -172.0M | -4.1M | 32.2M | -320.0M | 20.0M | -22.3M | -8.6M | -56.6M |
| Cash From Borrowings | 523.0M | 52.4M | 54.4M | 37.8M | 39.5M | 51.7M | 55.2M | 36.0M | 11.0M | 25.5M | 27.0M | 29.0M |
| Dividends And Interest Paid | 37.0M | 41.7M | 1.1M | 1.4M | 2.9M | 2.6M | 2.2M | 2.0M | 2.2M | 2.7M | 3.1M | 3.3M |
| Debt Repayments | 171.0M | 40.0M | 27.8M | 49.2M | 40.8M | 60.0M | 28.0M | 37.0M | 20.0M | 12.5M | 29.0M | 21.0M |
| Total Financing Cash Inflow | 523.0M | 68.6M | 54.4M | 1.7B | 212.0M | 53.6M | 56.4M | 360.0M | 21.0M | 35.5M | 44.9M | 59.1M |
| Total Financing Cash Outflow | 271.0M | 215.0M | 61.9M | 73.5M | 46.9M | 63.1M | 31.7M | 39.3M | 22.2M | 25.4M | 32.1M | 24.3M |
| Financing Cash Flow | 252.0M | -146.0M | -7.5M | 1.6B | 165.0M | -9.6M | 24.7M | 321.0M | -1.2M | 10.1M | 12.8M | 34.7M |
| Net Change In Cash | -724.0M | 637.0M | -824.0M | 1.7B | 29.2M | -37.8M | 72.7M | -7.5M | 7.6M | 17.7M | -3.8M | -973,800 |
| Ending Cash Balance | 834.0M | 1.6B | 921.0M | 1.7B | 93.3M | 64.0M | 102.0M | 29.1M | 36.6M | 29.0M | 11.3M | 18.3M |
| Capex | 464.0M | 141.0M | 162.0M | 73.1M | 57.4M | 25.1M | 18.1M | 23.6M | 7.9M | 23.5M | 37.7M | 31.0M |