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 | 427.0M | 371.0M | 330.0M | 311.0M | 244.0M | 264.0M | 151.0M | 53.2M | 16.4M |
| Revenue Growth % | 15.1% | 12.4% | 6.1% | 27.5% | -7.6% | 74.8% | 183.7% | 223.9% | -- |
| Total Revenue | 427.0M | 371.0M | 330.0M | 311.0M | 244.0M | 264.0M | 151.0M | 53.2M | 16.4M |
| Cost Of Revenue | 206.0M | 188.0M | 172.0M | 165.0M | 50.3M | 48.7M | 26.2M | 17.8M | 12.4M |
| Gross Profit | 221.0M | 183.0M | 158.0M | 146.0M | 193.7M | 215.3M | 124.8M | 35.5M | 4.0M |
| Gross Margin % | 51.8% | 49.3% | 47.9% | 46.9% | 79.4% | 81.5% | 82.6% | 66.6% | 24.2% |
| Total Operating Cost | 362.0M | 382.0M | 349.0M | 324.0M | 216.0M | 186.0M | 118.0M | 92.5M | 50.0M |
| Selling Expenses | 20.1M | 20.7M | 17.6M | 12.5M | 8.1M | 12.9M | 8.7M | 7.5M | 3.8M |
| Admin Expenses | 69.4M | 69.9M | 72.0M | 64.5M | 42.8M | 41.1M | 25.4M | 22.4M | 17.6M |
| Rd Expenses | 67.3M | 79.6M | 87.4M | 73.7M | 99.9M | 91.5M | 61.9M | 46.2M | 16.1M |
| Finance Expenses | -4.3M | 3.3M | -15.0M | 8.5M | 13.9M | -9.2M | -4.0M | -1.5M | -118,200 |
| Operating Income | 63.0M | 31.8M | 12.1M | 45.8M | 59.6M | 133.0M | 48.9M | -29.1M | -33.6M |
| Operating Margin % | 14.7% | 8.6% | 3.7% | 14.7% | 24.4% | 50.4% | 32.4% | -54.7% | -204.2% |
| Non Operating Income | 1.3M | 4.3M | 1.4M | 10.1M | 4.5M | 84,500 | 167,800 | 9,800 | 7.8M |
| Non Operating Expenses | 1.5M | 610,800 | 1.0M | 14,100 | 724,700 | 158,600 | 106,200 | 923,300 | 886,900 |
| Investment Income | 11.5M | 16.9M | 14.8M | 20.2M | 10.8M | -- | -- | -- | -- |
| Fair Value Change Income | -38.7M | -1.3M | 1.4M | -1.2M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 788,000 | 945,100 | -- | -- | -- | -- | -3.7M | -- | -- |
| Asset Impairment Loss | -- | 13.0M | 11.8M | -- | -- | -- | -342,800 | 99,100 | 107,200 |
| Other Income | 24.2M | 25.5M | 14.9M | 39.8M | 21.1M | 54.2M | 19.3M | 10.1M | -- |
| Income Before Tax | 62.8M | 35.4M | 12.4M | 55.8M | 63.4M | 133.0M | 48.9M | -30.0M | -26.6M |
| Income Tax | 12.8M | -5.4M | -13.1M | -7.6M | -665,100 | 12.6M | 4.0M | -7.0M | -3.7M |
| Net Income | 49.9M | 40.9M | 25.5M | 63.4M | 64.0M | 120.0M | 45.0M | -23.1M | -23.0M |
| Net Margin % | 11.7% | 11.0% | 7.7% | 20.4% | 26.2% | 45.5% | 29.8% | -43.4% | -139.8% |
| Net Income Attributable | 51.4M | 40.7M | 25.3M | 63.4M | 64.0M | 120.0M | 45.0M | -23.1M | -23.0M |
| Minority Interest | -1.4M | 144,300 | 230,500 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.13 | 0.10 | 0.06 | 0.16 | 0.17 | 0.33 | -- | -- | -- |
| Eps Diluted | 0.13 | 0.10 | 0.06 | 0.16 | -- | -- | -- | -- | -- |
| 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 | 462.0M | 377.0M | 358.0M | 374.0M | 430.0M | 334.0M | 212.0M | 31.4M | 64.9M |
| Trading Financial Assets | 500.0M | 580.0M | 542.0M | 601.0M | 65.0M | -- | -- | -- | -- |
| Accounts Receivable | 99.3M | 96.8M | 96.9M | 76.4M | 61.6M | 33.1M | 24.9M | 3.2M | 2.7M |
| Notes And Accounts Receivable | 99.3M | 96.8M | 96.9M | 76.4M | 61.6M | 33.1M | 24.9M | 3.2M | 2.7M |
| Prepayments | 12.7M | 19.2M | 26.2M | 24.8M | 19.9M | 2.8M | 3.3M | 1.3M | 4.2M |
| Inventory | 33.4M | 28.2M | 25.3M | 24.9M | 24.5M | 13.1M | 8.8M | 5.2M | 5.8M |
| Total Current Assets | 1.2B | 1.2B | 1.1B | 1.2B | 1.1B | 487.0M | 356.0M | 79.3M | 82.4M |
| Long Term Equity Investment | 9.3M | 12.4M | 9.7M | 1.5M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 255.0M | 264.0M | 282.0M | 282.0M | 64.4M | 55.3M | 23.3M | -- |
| Fixed Assets Total | 260.0M | 255.0M | 264.0M | 282.0M | 282.0M | 64.4M | 55.3M | 23.3M | 15.6M |
| Construction In Progress | -- | 23.4M | -- | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 47.6M | 23.4M | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 61.7M | 67.3M | 51.9M | 61.9M | 75.5M | 14.9M | 20.6M | 26.4M | 32.1M |
| Long Term Deferred Expenses | 44.4M | 41.9M | 46.3M | 54.6M | 51.6M | 58.1M | 64.3M | 4.3M | 3.6M |
| Total Non Current Assets | 570.0M | 548.0M | 524.0M | 522.0M | 503.0M | 148.0M | 156.0M | 74.0M | 65.5M |
| Total Assets | 1.8B | 1.7B | 1.7B | 1.7B | 1.6B | 635.0M | 512.0M | 153.0M | 148.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 10,000 | 1.0M |
| Accounts Payable | 18.0M | 11.3M | 11.9M | 10.9M | 9.4M | 11.1M | 6.7M | 4.6M | 3.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 35.3M | 38.4M | 30.8M | 17.1M |
| Contract Liabilities | 17.3M | 31.1M | 17.9M | 24.9M | 22.9M | -- | -- | -- | -- |
| Total Current Liabilities | 189.0M | 86.0M | 73.8M | 127.0M | 221.0M | 73.0M | 102.0M | 46.2M | 26.6M |
| Long Term Borrowings | 93.5M | 194.0M | 197.0M | 194.0M | 101.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 145.0M | 261.0M | 268.0M | 271.0M | 149.0M | 50.6M | 20.9M | 11.6M | 3.4M |
| Total Liabilities | 334.0M | 347.0M | 342.0M | 398.0M | 370.0M | 124.0M | 122.0M | 57.8M | 29.9M |
| Paid In Capital | 401.0M | 401.0M | 401.0M | 401.0M | 401.0M | 360.0M | 141.0M | 125.0M | 125.0M |
| Capital Reserve | 758.0M | 759.0M | 757.0M | 752.0M | 751.0M | 43.1M | 313.0M | 78.8M | 78.1M |
| Surplus Reserve | 42.9M | 37.4M | 33.3M | 31.3M | 23.3M | 14.8M | -- | -- | -- |
| Retained Earnings | 202.0M | 176.0M | 139.0M | 136.0M | 101.0M | 95.2M | -62.9M | -108.0M | -84.8M |
| Minority Equity | 29.4M | 24.9M | 24.7M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B | 512.0M | 390.0M | 95.5M | 118.0M |
| Total Equity | 1.4B | 1.4B | 1.3B | 1.3B | 1.3B | 512.0M | 390.0M | 95.5M | 118.0M |
| 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 | 398.0M | 377.0M | 284.0M | 291.0M | 193.0M | 254.0M | 138.0M | 67.2M | 30.6M |
| Tax Refunds Received | 14.3M | 14.2M | 17.9M | 10.9M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 439.0M | 429.0M | 353.0M | 360.0M | 225.0M | 351.0M | 166.0M | 76.7M | 38.6M |
| Cash Paid For Goods | 88.1M | 94.5M | 86.2M | 73.3M | 65.3M | 45.3M | 33.4M | 26.9M | 17.1M |
| Cash Paid To Employees | 161.0M | 157.0M | 176.0M | 168.0M | 105.0M | 84.9M | 48.9M | 35.8M | 17.5M |
| Taxes Paid | 10.0M | 116,100 | 137,000 | 95,600 | 1.3M | 145,300 | 116,700 | 20,200 | 52,500 |
| Total Operating Cash Outflow | 311.0M | 304.0M | 300.0M | 316.0M | 224.0M | 183.0M | 116.0M | 78.5M | 47.8M |
| Operating Cash Flow | 128.0M | 125.0M | 52.7M | 43.5M | 1.6M | 168.0M | 50.7M | -1.8M | -9.2M |
| Total Investing Cash Inflow | 2.1B | 1.9B | 2.5B | 2.6B | 1.7B | 576.0M | 155.0M | 8.0M | 255,400 |
| Total Investing Cash Outflow | 2.1B | 2.0B | 2.5B | 2.8B | 2.4B | 612.0M | 285.0M | 49.9M | 6.3M |
| Investing Cash Flow | -5.1M | -84.1M | -16.7M | -186.0M | -697.0M | -35.9M | -129.0M | -41.9M | -6.0M |
| Cash From Borrowings | 1.0M | -- | -- | 100.0M | 105.0M | -- | 1.6M | 10,000 | 1.0M |
| Dividends And Interest Paid | 31.3M | 11.0M | 27.6M | 23.6M | 50.3M | -- | 100.00 | 7,400 | 182,200 |
| Debt Repayments | 5.6M | 5.5M | 17.5M | 3.2M | -- | -- | 10,000 | 1.0M | 10.0M |
| Total Financing Cash Inflow | 7.0M | -- | 24.5M | 100.0M | 872.0M | -- | 251.0M | 10.0M | 66.0M |
| Total Financing Cash Outflow | 45.7M | 25.0M | 72.9M | 35.5M | 70.6M | 5.2M | 10,100 | 1.0M | 10.2M |
| Financing Cash Flow | -38.7M | -25.0M | -48.4M | 65.0M | 802.0M | -5.2M | 251.0M | 9.0M | 55.8M |
| Net Change In Cash | 88.0M | 16.2M | 10.9M | -83.1M | 94.3M | 130.0M | 173.0M | -33.5M | 40.4M |
| Ending Cash Balance | 461.0M | 373.0M | 356.0M | 345.0M | 429.0M | 334.0M | 205.0M | 31.4M | 64.9M |
| Capex | 71.7M | 53.7M | 87.3M | 140.0M | 82.7M | 61.3M | 73.7M | 12.4M | 6.3M |