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 | 534.0M | 403.0M | 378.0M | 288.0M | 234.0M |
| Revenue Growth % | 32.5% | 6.6% | 31.2% | 23.1% | -- |
| Total Revenue | 534.0M | 403.0M | 378.0M | 288.0M | 234.0M |
| Cost Of Revenue | 194.0M | 160.0M | 156.0M | 109.0M | 91.9M |
| Gross Profit | 340.0M | 243.0M | 222.0M | 179.0M | 142.1M |
| Gross Margin % | 63.7% | 60.3% | 58.7% | 62.2% | 60.7% |
| Total Operating Cost | 410.0M | 313.0M | 280.0M | 190.0M | 155.0M |
| Selling Expenses | 50.8M | 32.2M | 31.8M | 19.9M | 9.8M |
| Admin Expenses | 81.9M | 64.3M | 52.6M | 42.3M | 35.0M |
| Rd Expenses | 62.9M | 51.2M | 38.9M | 22.7M | 15.7M |
| Finance Expenses | 2.6M | 288,300 | -3.5M | -5.6M | -542,900 |
| Operating Income | 128.0M | 95.2M | 106.0M | 104.0M | 86.4M |
| Operating Margin % | 24.0% | 23.6% | 28.0% | 36.1% | 36.9% |
| Non Operating Income | 105,400 | 163,300 | 253,100 | 10,200 | 9,700 |
| Non Operating Expenses | 675,900 | 454,400 | 449,100 | 1.9M | 75,000 |
| Investment Income | 58,800 | 14,200 | -- | 3.6M | -- |
| Fair Value Change Income | 547,200 | 1.5M | 1.3M | 354,200 | 773,200 |
| Asset Disposal Income | 1,400 | -45,100 | 186,600 | -56,700 | -59,300 |
| Asset Impairment Loss | 9.4M | 1.6M | -751,200 | 377,900 | 1.1M |
| Other Income | 3.6M | 3.9M | 6.3M | 2.2M | 6.2M |
| Income Before Tax | 128.0M | 94.9M | 106.0M | 102.0M | 86.4M |
| Income Tax | 11.9M | 9.1M | 12.9M | 12.3M | 11.9M |
| Net Income | 116.0M | 85.8M | 92.8M | 89.4M | 74.4M |
| Net Margin % | 21.7% | 21.3% | 24.5% | 31.0% | 31.8% |
| Net Income Attributable | 98.8M | 85.8M | 92.8M | 89.4M | 74.4M |
| Minority Interest | 17.0M | -- | -- | -- | -- |
| Eps Basic | 0.36 | 0.35 | 0.46 | 0.89 | 0.93 |
| Eps Diluted | 0.35 | 0.34 | 0.45 | 0.89 | 0.93 |
| 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 | 467.0M | 523.0M | 571.0M | 349.0M | 340.0M |
| Trading Financial Assets | 42.0M | 53.1M | 51.7M | 50.4M | 211.0M |
| Accounts Receivable | 66.9M | 46.0M | 46.2M | 23.8M | 18.4M |
| Notes Receivable | -- | -- | 20,000 | -- | -- |
| Notes And Accounts Receivable | 66.9M | 46.0M | 46.2M | 23.8M | 18.4M |
| Prepayments | 19.3M | 25.4M | 61.3M | 19.4M | 5.2M |
| Inventory | 528.0M | 442.0M | 375.0M | 181.0M | 101.0M |
| Total Current Assets | 1.1B | 1.1B | 1.1B | 635.0M | 678.0M |
| Long Term Equity Investment | 2.5M | 2.5M | -- | -- | -- |
| Fixed Assets | -- | 233.0M | 219.0M | 173.0M | 115.0M |
| Fixed Assets Total | 238.0M | 233.0M | 219.0M | 173.0M | 115.0M |
| Construction In Progress | -- | 48.9M | 19.1M | 4.8M | 3.0M |
| Construction In Progress Total | 84.4M | 48.9M | 19.1M | 4.8M | 3.0M |
| Intangible Assets | 39.1M | 36.0M | 37.3M | 21.2M | 16.9M |
| Long Term Deferred Expenses | 4.3M | 1.9M | 3.2M | 23,600 | 421,900 |
| Total Non Current Assets | 644.0M | 385.0M | 355.0M | 297.0M | 186.0M |
| Total Assets | 1.8B | 1.5B | 1.5B | 932.0M | 864.0M |
| Short Term Borrowings | 31.4M | 246,600 | -- | -- | 1.3M |
| Accounts Payable | 44.0M | 56.6M | 101.0M | 32.2M | 15.8M |
| Advance Receipts | 23.8M | 17.0M | 17.0M | 11.8M | 9.7M |
| Contract Liabilities | 3.4M | 3.1M | 1.4M | 1.1M | 1.5M |
| Total Current Liabilities | 221.0M | 110.0M | 155.0M | 61.2M | 43.1M |
| Long Term Borrowings | 25.7M | -- | -- | -- | -- |
| Total Non Current Liabilities | 415.0M | 359.0M | 349.0M | 12.5M | 3.8M |
| Total Liabilities | 635.0M | 469.0M | 504.0M | 73.8M | 46.8M |
| Paid In Capital | 277.0M | 198.0M | 141.0M | 101.0M | 101.0M |
| Capital Reserve | 386.0M | 464.0M | 511.0M | 539.0M | 536.0M |
| Surplus Reserve | 68.1M | 58.2M | 48.5M | 39.3M | 30.5M |
| Retained Earnings | 292.0M | 262.0M | 222.0M | 179.0M | 149.0M |
| Minority Equity | 77.1M | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.0B | 975.0M | 858.0M | 817.0M |
| Total Equity | 1.1B | 1.0B | 975.0M | 858.0M | 817.0M |
| 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 | 579.0M | 457.0M | 406.0M | 315.0M | 260.0M |
| Total Operating Cash Inflow | 609.0M | 487.0M | 445.0M | 331.0M | 284.0M |
| Cash Paid For Goods | 219.0M | 269.0M | 348.0M | 195.0M | 109.0M |
| Cash Paid To Employees | 111.0M | 93.0M | 74.2M | 50.0M | 36.3M |
| Taxes Paid | 75.4M | 33.5M | 30.2M | 38.1M | 27.3M |
| Total Operating Cash Outflow | 457.0M | 431.0M | 489.0M | 316.0M | 203.0M |
| Operating Cash Flow | 152.0M | 55.8M | -43.3M | 15.0M | 81.4M |
| Total Investing Cash Inflow | 64.7M | 2.4M | 159,200 | 436.0M | 2,391 |
| Total Investing Cash Outflow | 241.0M | 70.2M | 62.0M | 383.0M | 219.0M |
| Investing Cash Flow | -177.0M | -67.8M | -61.8M | 52.6M | -219.0M |
| Cash From Borrowings | 67.6M | 2.0M | 376.0M | -- | 10.7M |
| Dividends And Interest Paid | 62.9M | 35.4M | 40.4M | 50.6M | 41.9M |
| Debt Repayments | 4.8M | -- | -- | 1.3M | 13.5M |
| Total Financing Cash Inflow | 67.6M | 12.7M | 377.0M | -- | 462.0M |
| Total Financing Cash Outflow | 94.6M | 50.7M | 56.9M | 58.5M | 67.7M |
| Financing Cash Flow | -27.0M | -38.0M | 320.0M | -58.5M | 394.0M |
| Net Change In Cash | -51.9M | -49.9M | 215.0M | 9.0M | 256.0M |
| Ending Cash Balance | 462.0M | 514.0M | 564.0M | 349.0M | 340.0M |
| Capex | 35.5M | 45.7M | 62.0M | 113.0M | 9.1M |