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 |
|---|---|---|---|---|---|---|---|
| Revenue | 836.0M | 665.0M | 585.0M | 539.0M | 402.0M | 300.0M | 194.0M |
| Revenue Growth % | 25.7% | 13.7% | 8.5% | 34.1% | 34.0% | 54.6% | -- |
| Total Revenue | 836.0M | 665.0M | 585.0M | 539.0M | 402.0M | 300.0M | 194.0M |
| Cost Of Revenue | 637.0M | 514.0M | 430.0M | 382.0M | 277.0M | 212.0M | 133.0M |
| Gross Profit | 199.0M | 151.0M | 155.0M | 157.0M | 125.0M | 88.0M | 61.0M |
| Gross Margin % | 23.8% | 22.7% | 26.5% | 29.1% | 31.1% | 29.3% | 31.4% |
| Total Operating Cost | 817.0M | 647.0M | 543.0M | 488.0M | 353.0M | 283.0M | 201.0M |
| Selling Expenses | 46.6M | 43.1M | 34.2M | 30.4M | 22.1M | 21.1M | 16.2M |
| Admin Expenses | 29.2M | 24.2M | 24.4M | 20.0M | 16.3M | 13.0M | 9.9M |
| Rd Expenses | 70.9M | 57.5M | 41.7M | 37.5M | 27.0M | 23.0M | 18.5M |
| Finance Expenses | -2.9M | -7.2M | -4.7M | 3.1M | 1.9M | 4.6M | 4.3M |
| Operating Income | 43.0M | 41.2M | 75.1M | 70.0M | 60.5M | 24.3M | 2.4M |
| Operating Margin % | 5.1% | 6.2% | 12.8% | 13.0% | 15.1% | 8.1% | 1.3% |
| Non Operating Income | -- | 2.8M | 2.8M | 5.6M | 502,500 | 500,000 | 1.0M |
| Non Operating Expenses | 57,300 | 58,100 | 1.5M | 636,000 | -- | 4,900 | -- |
| Investment Income | 3.6M | 1.8M | 1.4M | 344,900 | 146,200 | 31,300 | -- |
| Fair Value Change Income | -- | 893,600 | -- | -- | 17,500 | 19.00 | -- |
| Asset Disposal Income | -- | -130,200 | -7,600 | -- | -- | -- | -- |
| Asset Impairment Loss | 268,100 | 2.8M | 2.0M | -199,800 | 2.1M | 2.6M | 17.0M |
| Other Income | 20.1M | 21.1M | 31.9M | 19.0M | 11.8M | 7.7M | 9.7M |
| Income Before Tax | 43.0M | 43.9M | 76.4M | 75.0M | 61.0M | 24.8M | 3.4M |
| Income Tax | 57,600 | 1.7M | 5.5M | 6.7M | 7.4M | 3.3M | -901,100 |
| Net Income | 42.9M | 42.3M | 70.9M | 68.3M | 53.7M | 21.6M | 4.3M |
| Net Margin % | 5.1% | 6.4% | 12.1% | 12.7% | 13.4% | 7.2% | 2.2% |
| Net Income Attributable | 42.9M | 42.3M | 70.9M | 68.3M | 53.7M | 21.6M | 4.3M |
| Eps Basic | 0.50 | 0.49 | 1.36 | 1.53 | 1.20 | -- | -- |
| Eps Diluted | 0.50 | 0.49 | 1.36 | 1.53 | 1.20 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 356.0M | 256.0M | 384.0M | 133.0M | 76.2M | 39.3M | 38.2M |
| Trading Financial Assets | -- | 70.9M | -- | -- | 4.7M | 50,000 | -- |
| Accounts Receivable | 534.0M | 382.0M | 281.0M | 211.0M | 136.0M | 131.0M | 65.3M |
| Notes Receivable | 54.0M | 82.4M | 62.3M | 96.8M | 36.8M | 15.1M | 3.3M |
| Notes And Accounts Receivable | 588.0M | 464.0M | 343.0M | 308.0M | 173.0M | 146.0M | 68.6M |
| Prepayments | 24.1M | 67.8M | 14.8M | 22.2M | 12.0M | 5.8M | 9.5M |
| Inventory | 428.0M | 269.0M | 196.0M | 169.0M | 153.0M | 241.0M | 224.0M |
| Total Current Assets | 1.5B | 1.2B | 1.0B | 724.0M | 496.0M | 443.0M | 350.0M |
| Fixed Assets | -- | 72.5M | 68.3M | 70.6M | 69.3M | 64.5M | 63.9M |
| Fixed Assets Total | 86.6M | 72.5M | 68.3M | 70.6M | 69.3M | 64.5M | 63.9M |
| Construction In Progress | -- | 31.9M | 23.9M | 16.6M | 15.9M | 17.9M | 16.2M |
| Construction In Progress Total | 44.5M | 31.9M | 23.9M | 16.6M | 15.9M | 17.9M | 16.2M |
| Intangible Assets | 14.7M | 13.2M | 13.7M | 13.9M | 14.3M | 14.4M | 14.7M |
| Long Term Deferred Expenses | 275,500 | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 216.0M | 317.0M | 263.0M | 110.0M | 105.0M | 102.0M | 99.4M |
| Total Assets | 1.7B | 1.5B | 1.3B | 833.0M | 601.0M | 546.0M | 449.0M |
| Short Term Borrowings | 57.2M | 52.0M | 30.0M | 65.1M | 59.6M | 70.1M | 78.0M |
| Accounts Payable | 404.0M | 326.0M | 238.0M | 216.0M | 145.0M | 129.0M | 55.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 203.0M | 200.0M |
| Contract Liabilities | 295.0M | 254.0M | 141.0M | 198.0M | 162.0M | -- | -- |
| Total Current Liabilities | 868.0M | 722.0M | 502.0M | 577.0M | 427.0M | 430.0M | 365.0M |
| Long Term Borrowings | -- | -- | -- | 10.0M | -- | -- | -- |
| Total Non Current Liabilities | 13.0M | 11.4M | 12.4M | 21.7M | 10.1M | 8.8M | 8.6M |
| Total Liabilities | 881.0M | 733.0M | 515.0M | 599.0M | 437.0M | 439.0M | 374.0M |
| Paid In Capital | 86.8M | 59.4M | 59.4M | 44.6M | 44.6M | 44.6M | 41.2M |
| Capital Reserve | 488.0M | 515.0M | 514.0M | 62.3M | 60.1M | 42.7M | 35.7M |
| Surplus Reserve | 29.5M | 24.7M | 19.3M | 12.5M | 5.7M | 3.3M | 721,800 |
| Retained Earnings | 235.0M | 210.0M | 179.0M | 115.0M | 53.4M | 16.3M | -2.7M |
| Equity Attributable | 841.0M | 801.0M | 772.0M | 234.0M | 164.0M | 107.0M | 75.0M |
| Total Equity | 841.0M | 801.0M | 772.0M | 234.0M | 164.0M | 107.0M | 75.0M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 546.0M | 571.0M | 357.0M | 361.0M | 258.0M | 198.0M | 170.0M |
| Tax Refunds Received | -- | -- | 4.1M | 17.5M | 7.9M | 6.8M | 4.0M |
| Total Operating Cash Inflow | 567.0M | 599.0M | 401.0M | 415.0M | 274.0M | 208.0M | 182.0M |
| Cash Paid For Goods | 414.0M | 419.0M | 258.0M | 227.0M | 115.0M | 95.5M | 127.0M |
| Cash Paid To Employees | 159.0M | 122.0M | 90.1M | 71.3M | 46.9M | 47.4M | 38.6M |
| Taxes Paid | 34.7M | 27.3M | 38.5M | 34.3M | 23.2M | 18.8M | 10.5M |
| Total Operating Cash Outflow | 648.0M | 611.0M | 420.0M | 358.0M | 229.0M | 182.0M | 190.0M |
| Operating Cash Flow | -81.1M | -12.9M | -19.6M | 57.2M | 44.6M | 26.1M | -8.2M |
| Total Investing Cash Inflow | 1.1B | 408.0M | 329.0M | 149.0M | 99.1M | 22.0M | -- |
| Total Investing Cash Outflow | 940.0M | 481.0M | 534.0M | 153.0M | 111.0M | 35.9M | 24.4M |
| Investing Cash Flow | 183.0M | -72.6M | -206.0M | -4.0M | -11.6M | -13.8M | -24.4M |
| Cash From Borrowings | 57.2M | 52.0M | 59.0M | 95.0M | 59.0M | 117.0M | 113.0M |
| Dividends And Interest Paid | 14.4M | 7.0M | 1.7M | 3.8M | 3.0M | 4.5M | 4.2M |
| Debt Repayments | 52.0M | 30.0M | 104.0M | 79.0M | 70.0M | 125.0M | 80.0M |
| Total Financing Cash Inflow | 64.3M | 42.9M | 542.0M | 95.0M | 59.0M | 125.0M | 113.0M |
| Total Financing Cash Outflow | 67.7M | 38.4M | 121.0M | 86.6M | 73.0M | 131.0M | 85.2M |
| Financing Cash Flow | -3.3M | 4.5M | 421.0M | 8.4M | -14.0M | -5.2M | 27.8M |
| Net Change In Cash | 98.3M | -80.9M | 196.0M | 61.6M | 18.9M | 7.0M | -4.8M |
| Ending Cash Balance | 322.0M | 224.0M | 305.0M | 109.0M | 47.4M | 28.5M | 21.4M |
| Capex | 30.5M | 22.4M | 10.0M | 9.1M | 7.1M | 13.8M | 24.4M |