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 | 323.0M | 320.0M | 282.0M | 237.0M | 198.0M | 213.0M | 176.0M | 152.0M | 120.0M |
| Revenue Growth % | 0.9% | 13.5% | 19.0% | 19.7% | -7.0% | 21.0% | 15.8% | 26.7% | -- |
| Total Revenue | 323.0M | 320.0M | 282.0M | 237.0M | 198.0M | 213.0M | 176.0M | 152.0M | 120.0M |
| Cost Of Revenue | 155.0M | 172.0M | 138.0M | 112.0M | 81.9M | 104.0M | 89.3M | 83.9M | 55.7M |
| Gross Profit | 168.0M | 148.0M | 144.0M | 125.0M | 116.1M | 109.0M | 86.7M | 68.1M | 64.3M |
| Gross Margin % | 52.0% | 46.2% | 51.1% | 52.7% | 58.6% | 51.2% | 49.3% | 44.8% | 53.6% |
| Total Operating Cost | 306.0M | 319.0M | 295.0M | 212.0M | 152.0M | 176.0M | 130.0M | 120.0M | 92.0M |
| Selling Expenses | 9.1M | 7.2M | 10.0M | 5.3M | 5.1M | 4.3M | 3.4M | 3.9M | 3.2M |
| Admin Expenses | 52.8M | 63.1M | 39.0M | 29.6M | 23.7M | 26.4M | 11.6M | 10.7M | 12.4M |
| Rd Expenses | 75.8M | 65.3M | 91.3M | 53.3M | 39.0M | 31.1M | 20.4M | 15.5M | 12.4M |
| Finance Expenses | 7.4M | 4.2M | -1.1M | 508,300 | -2.9M | 799,200 | -945,200 | -334,500 | 976,800 |
| Operating Income | 37.5M | 55.9M | 47.6M | 43.8M | 63.7M | 44.4M | 56.0M | 37.7M | 28.0M |
| Operating Margin % | 11.6% | 17.5% | 16.9% | 18.5% | 32.2% | 20.8% | 31.8% | 24.8% | 23.3% |
| Non Operating Income | 478,200 | 238,000 | 90,800 | 16,200 | 127,600 | 157,200 | 135,000 | 145,500 | 5.3M |
| Non Operating Expenses | 263,100 | 156,600 | 1.1M | 289,700 | 8,300 | 432,800 | 14,700 | 237,100 | 42,300 |
| Investment Income | -5.4M | 42.7M | 2.5M | -37,900 | 55,200 | 3,274 | 749,200 | 126,300 | 37,600 |
| Fair Value Change Income | 3.5M | -5.4M | 23.9M | 7.6M | 10.8M | 653,400 | -- | -- | -- |
| Asset Disposal Income | 15.3M | 1,400 | 991,200 | -800.00 | 5,100 | -400.00 | -- | 808,100 | 117,400 |
| Asset Impairment Loss | -40,900 | -138,500 | -1.7M | 701,600 | 701,700 | 3,200 | 4.8M | 4.7M | 5.8M |
| Other Income | 6.7M | 17.8M | 32.9M | 11.6M | 6.7M | 7.1M | 9.7M | 4.6M | -- |
| Income Before Tax | 37.8M | 56.0M | 46.6M | 43.5M | 63.9M | 44.1M | 56.1M | 37.6M | 33.2M |
| Income Tax | -900,300 | -1.9M | 117,100 | 1.3M | 5.8M | 3.0M | 4.5M | 4.5M | 4.5M |
| Net Income | 38.7M | 57.9M | 46.5M | 42.2M | 58.1M | 41.1M | 51.6M | 33.1M | 28.6M |
| Net Margin % | 12.0% | 18.1% | 16.5% | 17.8% | 29.3% | 19.3% | 29.3% | 21.8% | 23.9% |
| Net Income Attributable | 32.8M | 56.2M | 51.0M | 42.1M | 58.1M | 41.1M | 51.6M | 33.1M | 28.6M |
| Minority Interest | 5.8M | 1.8M | -4.5M | 63,900 | -- | -- | -- | -- | -- |
| Eps Basic | 0.27 | 0.47 | 0.59 | 0.49 | 0.67 | 0.63 | 0.79 | 0.51 | 0.44 |
| Eps Diluted | 0.28 | 0.46 | 0.59 | 0.49 | 0.65 | 0.63 | 0.79 | -- | -- |
| 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 | 289.0M | 413.0M | 369.0M | 362.0M | 209.0M | 307.0M | 57.1M | 44.4M | 37.9M |
| Trading Financial Assets | 109.0M | 55.2M | 67.3M | 184.0M | 406.0M | 332.0M | -- | -- | -- |
| Accounts Receivable | 224.0M | 211.0M | 220.0M | 151.0M | 154.0M | 168.0M | 125.0M | 106.0M | 101.0M |
| Notes Receivable | -- | 760,000 | -- | 1.1M | 1.1M | -- | 5.5M | 6.0M | 6.7M |
| Notes And Accounts Receivable | 224.0M | 212.0M | 220.0M | 153.0M | 155.0M | 168.0M | 131.0M | 112.0M | 107.0M |
| Prepayments | 1.0M | 2.7M | 3.4M | 16.1M | 2.9M | 6.6M | 8.8M | 7.3M | 2.5M |
| Inventory | 9.1M | 9.2M | 30.1M | 21.6M | 13.5M | 13.0M | 15.8M | 9.2M | 5.7M |
| Total Current Assets | 676.0M | 715.0M | 715.0M | 765.0M | 810.0M | 841.0M | 256.0M | 196.0M | 169.0M |
| Long Term Equity Investment | 157.0M | 153.0M | 88.7M | 5.5M | 4.7M | 4.0M | -- | -- | -- |
| Fixed Assets | -- | 157.0M | 168.0M | 189.0M | 124.0M | 55.9M | 58.1M | -- | -- |
| Fixed Assets Total | 135.0M | 157.0M | 168.0M | 189.0M | 124.0M | 55.9M | 58.1M | 53.7M | 58.3M |
| Construction In Progress | -- | -- | -- | 3.3M | 4.0M | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | 3.3M | 4.0M | -- | -- | -- | -- |
| Intangible Assets | 254.0M | 288.0M | 7.5M | 1.7M | 1.6M | 1.7M | 1.3M | 1.4M | 1.5M |
| Long Term Deferred Expenses | 3.3M | 4.1M | 5.1M | 6.3M | 4.9M | 4.2M | 5.7M | 781,800 | 201,100 |
| Total Non Current Assets | 876.0M | 924.0M | 485.0M | 367.0M | 196.0M | 103.0M | 103.0M | 104.0M | 116.0M |
| Total Assets | 1.6B | 1.6B | 1.2B | 1.1B | 1.0B | 944.0M | 358.0M | 300.0M | 285.0M |
| Short Term Borrowings | 268.0M | 155.0M | 130.0M | 140.0M | 30.3M | 30.0M | 30.0M | 20.0M | 40.5M |
| Accounts Payable | 41.1M | 29.3M | 19.8M | 19.0M | 20.9M | 28.8M | 9.7M | 12.5M | 12.6M |
| Advance Receipts | 1.1M | 929,800 | 1.5M | 331,700 | -- | 5.6M | 5.7M | 5.4M | 3.4M |
| Contract Liabilities | 67.4M | 65.0M | 14.1M | 12.6M | 6.4M | -- | -- | -- | -- |
| Total Current Liabilities | 437.0M | 287.0M | 192.0M | 196.0M | 78.8M | 77.5M | 55.7M | 45.8M | 61.6M |
| Long Term Borrowings | 203.0M | 100.0M | 10.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 264.0M | 158.0M | 30.8M | 31.1M | 25.4M | 10.4M | 8.5M | 11.5M | 13.9M |
| Total Liabilities | 700.0M | 444.0M | 223.0M | 227.0M | 104.0M | 88.0M | 64.2M | 57.3M | 75.5M |
| Paid In Capital | 121.0M | 87.0M | 87.0M | 87.0M | 87.0M | 87.0M | 65.2M | 65.2M | 65.2M |
| Capital Reserve | 434.0M | 620.0M | 593.0M | 560.0M | 561.0M | 560.0M | 61.3M | 61.3M | 61.3M |
| Surplus Reserve | 31.5M | 26.9M | 26.3M | 21.6M | 21.6M | 18.9M | 15.5M | 11.3M | 8.7M |
| Retained Earnings | 355.0M | 344.0M | 295.0M | 257.0M | 233.0M | 190.0M | 152.0M | 105.0M | 74.4M |
| Minority Equity | 6.6M | 158.0M | 15.4M | 8.1M | -- | -- | -- | -- | -- |
| Equity Attributable | 845.0M | 1.0B | 961.0M | 898.0M | 902.0M | 856.0M | 294.0M | 243.0M | 210.0M |
| Total Equity | 852.0M | 1.2B | 977.0M | 906.0M | 902.0M | 856.0M | 294.0M | 243.0M | 210.0M |
| 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 | 323.0M | 327.0M | 222.0M | 259.0M | 210.0M | 174.0M | 146.0M | 129.0M | 108.0M |
| Tax Refunds Received | 1.4M | 5.2M | 4.2M | 2.2M | 2.3M | 3.6M | 956,500 | 1.1M | 1.5M |
| Total Operating Cash Inflow | 358.0M | 377.0M | 292.0M | 291.0M | 245.0M | 199.0M | 161.0M | 147.0M | 141.0M |
| Cash Paid For Goods | 51.9M | 45.6M | 62.1M | 32.1M | 21.3M | 39.9M | 63.4M | 43.2M | 37.8M |
| Cash Paid To Employees | 151.0M | 155.0M | 154.0M | 123.0M | 82.3M | 61.8M | 46.1M | 37.4M | 29.7M |
| Taxes Paid | 30.2M | 20.8M | 18.7M | 21.8M | 18.2M | 15.4M | 10.1M | 9.2M | 13.9M |
| Total Operating Cash Outflow | 262.0M | 263.0M | 294.0M | 238.0M | 152.0M | 146.0M | 135.0M | 109.0M | 114.0M |
| Operating Cash Flow | 96.0M | 114.0M | -1.9M | 52.4M | 92.9M | 53.6M | 26.0M | 38.0M | 27.0M |
| Total Investing Cash Inflow | 562.0M | 640.0M | 1.2B | 1.6B | 2.0B | 179.0M | 192.0M | 261.0M | 60.7M |
| Total Investing Cash Outflow | 622.0M | 821.0M | 1.2B | 1.5B | 2.2B | 501.0M | 214.0M | 272.0M | 62.8M |
| Investing Cash Flow | -59.9M | -181.0M | 20.4M | 34.4M | -168.0M | -321.0M | -22.4M | -10.9M | -2.1M |
| Cash From Borrowings | 498.0M | 325.0M | 274.0M | 160.0M | 30.0M | 30.0M | 30.0M | 37.4M | 47.5M |
| Dividends And Interest Paid | 63.9M | 14.0M | 16.4M | 23.0M | 13.2M | 2.2M | 1.3M | 1.5M | 2.7M |
| Debt Repayments | 264.0M | 201.0M | 274.0M | 50.0M | 30.0M | 30.0M | 20.0M | 57.9M | 53.4M |
| Total Financing Cash Inflow | 514.0M | 330.0M | 289.0M | 168.0M | 30.0M | 606.0M | 30.0M | 37.4M | 47.5M |
| Total Financing Cash Outflow | 674.0M | 216.0M | 302.0M | 101.0M | 51.9M | 86.2M | 22.0M | 59.4M | 56.3M |
| Financing Cash Flow | -161.0M | 114.0M | -13.2M | 66.7M | -21.9M | 520.0M | 8.0M | -22.0M | -8.8M |
| Net Change In Cash | -124.0M | 46.5M | 5.1M | 153.0M | -97.1M | 252.0M | 11.6M | 5.0M | 16.1M |
| Ending Cash Balance | 289.0M | 413.0M | 366.0M | 361.0M | 208.0M | 305.0M | 52.8M | 41.2M | 36.2M |
| Capex | 15.6M | 12.7M | 23.4M | 193.0M | 91.4M | 7.8M | 10.8M | 7.0M | 2.8M |