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 | 847.0M | 1.0B | 1.0B | 1.0B | 763.0M | 700.0M | 578.0M | 467.0M | 377.0M |
| Revenue Growth % | -18.9% | 1.3% | 0.1% | 35.1% | 9.0% | 21.1% | 23.8% | 23.9% | -- |
| Total Revenue | 847.0M | 1.0B | 1.0B | 1.0B | 763.0M | 700.0M | 578.0M | 467.0M | 377.0M |
| Cost Of Revenue | 303.0M | 330.0M | 287.0M | 286.0M | 175.0M | 167.0M | 128.0M | 101.0M | 90.9M |
| Gross Profit | 544.0M | 715.0M | 745.0M | 745.0M | 588.0M | 533.0M | 450.0M | 366.0M | 286.1M |
| Gross Margin % | 64.2% | 68.4% | 72.2% | 72.3% | 77.1% | 76.1% | 77.9% | 78.4% | 75.9% |
| Total Operating Cost | 1.1B | 1.1B | 984.0M | 940.0M | 695.0M | 626.0M | 538.0M | 459.0M | 388.0M |
| Selling Expenses | 470.0M | 449.0M | 404.0M | 402.0M | 329.0M | 301.0M | 273.0M | 222.0M | 190.0M |
| Admin Expenses | 91.7M | 90.8M | 87.5M | 79.4M | 71.2M | 68.3M | 52.7M | 52.7M | 46.7M |
| Rd Expenses | 213.0M | 237.0M | 205.0M | 181.0M | 120.0M | 89.4M | 76.8M | 68.5M | 54.4M |
| Finance Expenses | -7.0M | -12.2M | -19.2M | -23.3M | -8.2M | -8.4M | -3.8M | -773,200 | -93,700 |
| Operating Income | -245.0M | -43.1M | 95.8M | 137.0M | 126.0M | 109.0M | 82.2M | 48.8M | -8.9M |
| Operating Margin % | -28.9% | -4.1% | 9.3% | 13.3% | 16.5% | 15.6% | 14.2% | 10.4% | -2.4% |
| Non Operating Income | 61,300 | 3.00 | 4.00 | 3.3M | 219,900 | 4,300 | 18,100 | 34,500 | 29.8M |
| Non Operating Expenses | 905,200 | 425,900 | 700,300 | 775,400 | 1.5M | 99,100 | 100,300 | 331,400 | 137,700 |
| Investment Income | -3.7M | 788,600 | 8.0M | 2.9M | 17.0M | 4.3M | 8.5M | 6.8M | 2.1M |
| Fair Value Change Income | 36,800 | 411,100 | 503,100 | 1.7M | 115,800 | 955,800 | -- | -- | -- |
| Asset Disposal Income | 594,700 | 58,300 | 38,100 | -- | -- | -5,400 | 11,400 | -1,200 | -- |
| Asset Impairment Loss | 2.8M | 66,000 | 122,500 | 721,900 | -- | -- | 3.6M | 8.7M | 521,700 |
| Other Income | 23.1M | 39.9M | 38.5M | 42.1M | 40.0M | 29.8M | 33.3M | 34.4M | -- |
| Income Before Tax | -246.0M | -43.5M | 95.1M | 140.0M | 124.0M | 109.0M | 82.1M | 48.5M | 20.7M |
| Income Tax | -4.9M | 3.7M | -3.0M | 5.5M | 8.6M | 6.9M | 6.1M | 4.0M | 2.5M |
| Net Income | -241.0M | -47.2M | 98.1M | 134.0M | 116.0M | 102.0M | 76.0M | 44.4M | 18.2M |
| Net Margin % | -28.5% | -4.5% | 9.5% | 13.0% | 15.2% | 14.6% | 13.2% | 9.5% | 4.8% |
| Net Income Attributable | -236.0M | -50.0M | 94.1M | 129.0M | 108.0M | 97.5M | 73.0M | 44.7M | 17.5M |
| Minority Interest | -5.7M | 2.8M | 4.0M | 5.7M | 8.2M | 4.5M | 3.0M | -236,400 | 674,900 |
| Eps Basic | -2.05 | -0.44 | 0.82 | 1.67 | 1.40 | 1.60 | 1.26 | 0.78 | 0.35 |
| Eps Diluted | -2.05 | -0.44 | 0.82 | 1.66 | 1.40 | 1.60 | 1.26 | 0.78 | 0.35 |
| 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 | 789.0M | 1.0B | 1.2B | 1.3B | 1.6B | 768.0M | 586.0M | 245.0M | 71.4M |
| Trading Financial Assets | 20.0M | 3.1M | 24.8M | 245.0M | 22.8M | 746.0M | -- | -- | -- |
| Accounts Receivable | 355.0M | 389.0M | 285.0M | 182.0M | 121.0M | 96.3M | 81.2M | 72.7M | 61.5M |
| Notes Receivable | 20.5M | 11.3M | 9.4M | 14.0M | 12.3M | 6.5M | 3.9M | 2.0M | 1.5M |
| Notes And Accounts Receivable | 376.0M | 401.0M | 295.0M | 196.0M | 133.0M | 103.0M | 85.0M | 74.7M | 63.0M |
| Prepayments | 17.4M | 14.2M | 11.9M | 8.3M | 11.7M | 7.8M | 7.2M | 7.5M | 2.9M |
| Inventory | 27.2M | 25.6M | 14.8M | 6.6M | 4.3M | 4.9M | 5.6M | 3.4M | 4.1M |
| Total Current Assets | 1.3B | 1.5B | 1.6B | 1.8B | 1.8B | 1.6B | 709.0M | 591.0M | 311.0M |
| Long Term Equity Investment | 40.9M | 54.4M | 11.5M | 10.9M | 12.0M | -- | -- | 427,000 | 874,500 |
| Fixed Assets | -- | 89.4M | 94.2M | 95.5M | 16.3M | 16.1M | 16.0M | -- | -- |
| Fixed Assets Total | 83.3M | 89.4M | 94.2M | 95.5M | 16.3M | 16.1M | 16.0M | 14.5M | 15.6M |
| Construction In Progress | -- | 21.4M | 21.4M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 21.4M | 21.4M | 21.4M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 3.4M | 4.1M | 822,700 | 470,000 | 22,400 | 89,600 | 156,700 | 223,900 | 298,500 |
| Long Term Deferred Expenses | 4.1M | 5.8M | 11.2M | 7.8M | 4.1M | 3.0M | 2.7M | 750,900 | 1.2M |
| Total Non Current Assets | 337.0M | 372.0M | 338.0M | 306.0M | 76.3M | 43.6M | 50.3M | 47.6M | 56.0M |
| Total Assets | 1.6B | 1.9B | 1.9B | 2.1B | 1.8B | 1.7B | 760.0M | 639.0M | 367.0M |
| Accounts Payable | 179.0M | 161.0M | 129.0M | 117.0M | 67.0M | 59.0M | 49.2M | 38.3M | 34.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 246.0M | 270.0M | 256.0M | 185.0M |
| Contract Liabilities | 211.0M | 157.0M | 146.0M | 194.0M | 217.0M | -- | -- | -- | -- |
| Total Current Liabilities | 525.0M | 449.0M | 454.0M | 581.0M | 518.0M | 454.0M | 448.0M | 381.0M | 303.0M |
| Total Non Current Liabilities | 21.5M | 27.5M | 30.0M | 42.5M | 286,200 | 103,000 | -- | -- | -- |
| Total Liabilities | 546.0M | 477.0M | 484.0M | 623.0M | 518.0M | 454.0M | 448.0M | 381.0M | 303.0M |
| Paid In Capital | 115.0M | 115.0M | 77.3M | 77.0M | 77.0M | 77.0M | 57.7M | 57.7M | 50.0M |
| Capital Reserve | 971.0M | 969.0M | 1.0B | 987.0M | 971.0M | 968.0M | 147.0M | 147.0M | 6.1M |
| Surplus Reserve | 38.6M | 38.6M | 38.6M | 38.5M | 31.6M | 22.2M | 13.3M | 6.6M | 2.0M |
| Retained Earnings | 43.0M | 295.0M | 370.0M | 317.0M | 229.0M | 162.0M | 90.5M | 45.2M | 5.1M |
| Minority Equity | 15.9M | 23.4M | 18.4M | 16.2M | 13.0M | 7.5M | 3.8M | 923,000 | 1.2M |
| Equity Attributable | 1.0B | 1.4B | 1.4B | 1.4B | 1.3B | 1.2B | 308.0M | 256.0M | 63.2M |
| Total Equity | 1.1B | 1.4B | 1.5B | 1.4B | 1.3B | 1.2B | 312.0M | 257.0M | 64.4M |
| 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 | 1.0B | 1.1B | 952.0M | 1.0B | 785.0M | 738.0M | 642.0M | 580.0M | 471.0M |
| Tax Refunds Received | 18.7M | 33.2M | 33.5M | 40.3M | 34.2M | 28.9M | 32.1M | 34.4M | 29.3M |
| Total Operating Cash Inflow | 1.1B | 1.2B | 1.0B | 1.1B | 845.0M | 789.0M | 687.0M | 641.0M | 541.0M |
| Cash Paid For Goods | 260.0M | 269.0M | 181.0M | 138.0M | 102.0M | 102.0M | 82.6M | 86.1M | 72.1M |
| Cash Paid To Employees | 683.0M | 714.0M | 728.0M | 594.0M | 411.0M | 378.0M | 311.0M | 260.0M | 217.0M |
| Taxes Paid | 61.4M | 69.8M | 85.3M | 89.7M | 64.2M | 75.6M | 65.3M | 62.1M | 48.2M |
| Total Operating Cash Outflow | 1.2B | 1.3B | 1.2B | 972.0M | 719.0M | 692.0M | 563.0M | 521.0M | 444.0M |
| Operating Cash Flow | -99.0M | -111.0M | -119.0M | 135.0M | 125.0M | 96.5M | 124.0M | 120.0M | 96.7M |
| Total Investing Cash Inflow | 394.0M | 729.0M | 1.3B | 1.6B | 2.4B | 385.0M | 1.2B | 1.2B | 378.0M |
| Total Investing Cash Outflow | 413.0M | 757.0M | 1.1B | 2.0B | 1.7B | 1.1B | 941.0M | 1.3B | 425.0M |
| Investing Cash Flow | -19.3M | -27.9M | 182.0M | -378.0M | 713.0M | -731.0M | 238.0M | -83.6M | -46.6M |
| Dividends And Interest Paid | 20.0M | 24.1M | 43.4M | 39.6M | 33.4M | 18.1M | 20.9M | -- | 7.9M |
| Total Financing Cash Inflow | 370,000 | 11.7M | 8.2M | 3.3M | -- | 856.0M | 838,300 | 149.0M | -- |
| Total Financing Cash Outflow | 127.0M | 63.6M | 123.0M | 61.7M | 33.5M | 39.6M | 21.3M | -- | 8.8M |
| Financing Cash Flow | -127.0M | -51.9M | -115.0M | -58.4M | -33.5M | 816.0M | -20.5M | 149.0M | -8.8M |
| Net Change In Cash | -245.0M | -191.0M | -52.2M | -301.0M | 804.0M | 182.0M | 341.0M | 185.0M | 41.3M |
| Ending Cash Balance | 783.0M | 1.0B | 1.2B | 1.3B | 1.6B | 768.0M | 586.0M | 245.0M | 59.7M |
| Capex | 6.1M | 15.7M | 26.5M | 101.0M | 5.3M | 3.7M | 6.8M | 1.2M | 1.7M |