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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.3B | 1.1B | 2.3B | 1.1B | 874.0M | 767.0M | 694.0M | 567.0M | 357.0M | 337.0M |
| Revenue Growth % | 15.4% | 20.8% | -53.1% | 108.7% | 26.2% | 14.0% | 10.5% | 22.4% | 58.8% | 5.9% | -- |
| Total Revenue | 1.5B | 1.3B | 1.1B | 2.3B | 1.1B | 874.0M | 767.0M | 694.0M | 567.0M | 357.0M | 337.0M |
| Cost Of Revenue | 945.0M | 969.0M | 890.0M | 1.2B | 822.0M | 674.0M | 589.0M | 541.0M | 452.0M | 285.0M | 221.0M |
| Gross Profit | 559.0M | 334.0M | 189.0M | 1.1B | 281.0M | 200.0M | 178.0M | 153.0M | 115.0M | 72.0M | 116.0M |
| Gross Margin % | 37.2% | 25.6% | 17.5% | 47.9% | 25.5% | 22.9% | 23.2% | 22.0% | 20.3% | 20.2% | 34.4% |
| Total Operating Cost | 1.5B | 1.4B | 1.4B | 1.7B | 1.1B | 791.0M | 689.0M | 627.0M | 543.0M | 348.0M | 269.0M |
| Selling Expenses | 62.2M | 39.8M | 31.7M | 45.9M | 33.0M | 22.4M | 15.2M | 12.7M | 12.1M | 9.1M | 8.4M |
| Admin Expenses | 128.0M | 102.0M | 107.0M | 103.0M | 63.8M | 30.6M | 28.3M | 21.5M | 33.9M | 51.9M | 38.8M |
| Rd Expenses | 400.0M | 294.0M | 303.0M | 299.0M | 158.0M | 67.7M | 60.8M | 52.5M | 45.7M | -- | -- |
| Finance Expenses | 7.1M | 28.8M | 7.9M | 3.4M | -2.1M | -6.9M | -6.5M | -2.7M | -3.8M | -239,300 | -203,700 |
| Operating Income | -6.4M | -67.7M | -177.0M | 763.0M | 67.1M | 97.6M | 85.0M | 81.3M | 25.9M | 8.8M | 68.8M |
| Operating Margin % | -0.4% | -5.2% | -16.4% | 33.1% | 6.1% | 11.2% | 11.1% | 11.7% | 4.6% | 2.5% | 20.4% |
| Non Operating Income | 1.7M | 1.9M | 2.2M | 1.6M | 3.7M | 594,700 | 1.6M | 1.4M | 9.0M | 11.1M | 7.8M |
| Non Operating Expenses | 526,200 | 7.7M | 2.5M | 4.7M | 281,800 | 110,300 | 634,500 | 147,500 | 345,300 | 138,500 | 85,200 |
| Investment Income | 8.5M | 12.6M | 31.9M | 47.1M | 23.9M | 965,600 | 972,400 | 4.2M | 1.1M | -439,900 | 726,800 |
| Fair Value Change Income | -21.8M | 31.3M | 39.5M | 51.5M | 6.9M | 3.5M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 198,800 | 172,700 | 16,400 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -5.9M | 4.2M | 38.9M | 1.9M | 2.6M | 1.1M | 894,700 | 871,500 | 760,000 | 1.8M | 853,000 |
| Other Income | 45.1M | 28.1M | 53.1M | 22.5M | 14.3M | 10.3M | 6.6M | 10.1M | -- | -- | -- |
| Income Before Tax | -5.3M | -73.6M | -178.0M | 760.0M | 70.5M | 98.1M | 86.0M | 82.5M | 34.5M | 19.7M | 76.5M |
| Income Tax | -1.3M | 5.6M | 28.0M | 49.3M | 775,900 | 5.7M | 4.6M | 6.4M | 4.6M | 496,000 | 9.6M |
| Net Income | -4.0M | -79.2M | -206.0M | 711.0M | 69.8M | 92.3M | 81.3M | 76.1M | 29.9M | 19.2M | 66.9M |
| Net Margin % | -0.3% | -6.1% | -19.1% | 30.9% | 6.3% | 10.6% | 10.6% | 11.0% | 5.3% | 5.4% | 19.8% |
| Net Income Attributable | -33.1M | -91.3M | -206.0M | 677.0M | 68.9M | 92.3M | 81.3M | 76.1M | 29.9M | 19.2M | 66.9M |
| Minority Interest | 29.0M | 12.1M | -- | 33.4M | 887,000 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.38 | -1.04 | -3.29 | 10.95 | 1.12 | 1.89 | 1.76 | 1.66 | 0.90 | 1.80 | 6.69 |
| Eps Diluted | -0.38 | -1.04 | -3.26 | 10.56 | 1.11 | 1.89 | 1.76 | 1.66 | 0.90 | 1.80 | 6.69 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 280.0M | 245.0M | 288.0M | 331.0M | 209.0M | 139.0M | 66.2M | 65.4M | 39.4M | 45.4M | 109.0M |
| Trading Financial Assets | 500,900 | 62.9M | 153.0M | 583.0M | 313.0M | 780.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 257.0M | 208.0M | 166.0M | 283.0M | 289.0M | 195.0M | 132.0M | 110.0M | 81.6M | 65.1M | 27.3M |
| Notes Receivable | 92.7M | 94.0M | 19.9M | -- | -- | -- | 25.2M | 39.3M | 46.9M | 24.5M | 3.7M |
| Notes And Accounts Receivable | 349.0M | 302.0M | 186.0M | 283.0M | 289.0M | 195.0M | 157.0M | 149.0M | 128.0M | 89.5M | 31.0M |
| Prepayments | 19.1M | 10.1M | 16.1M | 18.6M | 65.4M | 72.6M | 47.2M | 24.1M | 2.7M | 4.1M | 1.3M |
| Inventory | 233.0M | 247.0M | 253.0M | 391.0M | 152.0M | 108.0M | 88.0M | 87.0M | 38.7M | 41.8M | 44.8M |
| Total Current Assets | 1.1B | 1.1B | 1.3B | 2.0B | 1.3B | 1.3B | 363.0M | 335.0M | 238.0M | 240.0M | 239.0M |
| Long Term Equity Investment | 76.9M | 25.9M | 161.0M | 17.8M | 14.6M | 14.1M | 13.4M | 12.4M | 18.9M | 18.8M | 12.7M |
| Fixed Assets | -- | 58.2M | 54.4M | 37.1M | 27.8M | 6.8M | 3.5M | -- | -- | 3.9M | 3.5M |
| Fixed Assets Total | 52.7M | 58.2M | 54.4M | 37.1M | 27.8M | 6.8M | 3.5M | 4.3M | 3.5M | 3.9M | 3.5M |
| Construction In Progress Total | 1.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 191.0M | 223.0M | 159.0M | 27.5M | 35.2M | 9.9M | 10.4M | 13.0M | 3.0M | 30,700 | 52,400 |
| Long Term Deferred Expenses | 17.4M | 24.2M | 27.5M | 28.6M | 2.7M | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.0B | 1.2B | 1.2B | 789.0M | 281.0M | 34.6M | 29.0M | 31.3M | 39.1M | 35.4M | 18.3M |
| Total Assets | 2.1B | 2.4B | 2.5B | 2.8B | 1.6B | 1.4B | 392.0M | 367.0M | 278.0M | 276.0M | 257.0M |
| Short Term Borrowings | 299.0M | 245.0M | 323.0M | 204.0M | 10.1M | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 149.0M | 170.0M | 137.0M | 184.0M | 185.0M | 130.0M | 82.2M | 96.2M | 92.6M | 43.8M | 32.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.6M | 2.0M | 510,300 | 2.5M | 2.8M | 3.7M |
| Contract Liabilities | 5.0M | 7.1M | 29.4M | 173.0M | 1.7M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 742.0M | 683.0M | 679.0M | 806.0M | 344.0M | 223.0M | 125.0M | 144.0M | 172.0M | 72.8M | 80.9M |
| Long Term Borrowings | 14.0M | 120.0M | 205.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 88.6M | 218.0M | 310.0M | 89.5M | 7.0M | 16.3M | 14.5M | 14.2M | 6.7M | 4.5M | 3.6M |
| Total Liabilities | 830.0M | 902.0M | 990.0M | 896.0M | 351.0M | 240.0M | 139.0M | 159.0M | 178.0M | 77.3M | 84.5M |
| Paid In Capital | 87.8M | 62.9M | 62.9M | 62.0M | 61.6M | 61.6M | 46.2M | 46.2M | 33.2M | 11.0M | 10.0M |
| Capital Reserve | 951.0M | 1.0B | 1.1B | 984.0M | 952.0M | 864.0M | 91.3M | 91.3M | 33.1M | 18.2M | 13.1M |
| Surplus Reserve | 31.0M | 31.0M | 31.0M | 31.0M | 30.8M | 28.2M | 18.4M | 10.4M | 8.8M | 5.9M | 5.9M |
| Retained Earnings | 248.0M | 281.0M | 372.0M | 830.0M | 215.0M | 179.0M | 96.8M | 60.4M | 24.1M | 163.0M | 144.0M |
| Minority Equity | 58.2M | 90.8M | -- | -- | 17.6M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.3B | 1.4B | 1.5B | 1.9B | 1.3B | 1.1B | 253.0M | 208.0M | 99.3M | 198.0M | 173.0M |
| Total Equity | 1.3B | 1.5B | 1.5B | 1.9B | 1.3B | 1.1B | 253.0M | 208.0M | 99.3M | 198.0M | 173.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.5B | 1.3B | 900.0M | 2.3B | 746.0M | 542.0M | 496.0M | 456.0M | 467.0M | 236.0M | 256.0M |
| Tax Refunds Received | 616,300 | 3.2M | 7.6M | 457,400 | 1.7M | 1.9M | 1.7M | 1.2M | 666,500 | 675,000 | 337,400 |
| Total Operating Cash Inflow | 1.6B | 1.3B | 979.0M | 2.3B | 769.0M | 558.0M | 514.0M | 477.0M | 481.0M | 249.0M | 264.0M |
| Cash Paid For Goods | 813.0M | 622.0M | 784.0M | 1.4B | 603.0M | 358.0M | 353.0M | 375.0M | 300.0M | 194.0M | 148.0M |
| Cash Paid To Employees | 345.0M | 301.0M | 244.0M | 170.0M | 96.0M | 70.9M | 62.1M | 56.0M | 46.7M | 36.7M | 25.5M |
| Taxes Paid | 25.7M | 36.8M | 39.5M | 177.0M | 25.0M | 20.1M | 27.4M | 22.5M | 22.2M | 18.6M | 23.8M |
| Total Operating Cash Outflow | 1.3B | 1.1B | 1.4B | 1.8B | 774.0M | 489.0M | 477.0M | 483.0M | 401.0M | 271.0M | 217.0M |
| Operating Cash Flow | 286.0M | 267.0M | -406.0M | 505.0M | -5.0M | 68.6M | 37.0M | -6.6M | 79.7M | -22.7M | 47.0M |
| Total Investing Cash Inflow | 269.0M | 239.0M | 2.5B | 2.8B | 2.4B | 35.3M | -- | 193.0M | 653.0M | 237.0M | 791.0M |
| Total Investing Cash Outflow | 247.0M | 375.0M | 2.2B | 3.2B | 2.3B | 821.0M | 1.2M | 175.0M | 675.0M | 263.0M | 802.0M |
| Investing Cash Flow | 21.9M | -136.0M | 294.0M | -327.0M | 91.2M | -786.0M | -1.2M | 18.3M | -22.2M | -25.8M | -11.2M |
| Cash From Borrowings | 268.0M | 281.0M | 713.0M | 226.0M | 10.0M | -- | -- | -- | -- | 10.0M | -- |
| Dividends And Interest Paid | 22.3M | 29.1M | 267.0M | 65.4M | 31.0M | -- | 37.0M | -- | 81.5M | 566,300 | 2.0M |
| Debt Repayments | 318.0M | 412.0M | 351.0M | 42.7M | 3.0M | -- | -- | -- | -- | 10.0M | -- |
| Total Financing Cash Inflow | 268.0M | 282.0M | 757.0M | 241.0M | 10.0M | 804.0M | -- | 35.9M | -- | 11.0M | -- |
| Total Financing Cash Outflow | 545.0M | 464.0M | 640.0M | 335.0M | 35.8M | 18.7M | 38.9M | 2.7M | 81.9M | 10.6M | 2.0M |
| Financing Cash Flow | -278.0M | -183.0M | 117.0M | -94.0M | -25.8M | 785.0M | -38.9M | 33.3M | -81.9M | 433,700 | -2.0M |
| Net Change In Cash | 32.0M | -51.3M | 11.1M | 84.0M | 59.0M | 68.4M | -403,700 | 43.6M | -23.2M | -47.9M | 33.8M |
| Ending Cash Balance | 261.0M | 229.0M | 280.0M | 269.0M | 185.0M | 126.0M | 58.0M | 58.4M | 14.9M | 38.0M | 85.9M |
| Capex | 16.6M | 23.6M | 190.0M | 58.1M | 33.5M | 9.5M | 1.2M | 14.0M | 6.1M | 1.1M | 1.9M |