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 | 533.0M | 517.0M | 459.0M | 406.0M | 284.0M | 301.0M | 262.0M | 41.4M | 30.4M | 22.2M | 19.2M |
| Revenue Growth % | 3.1% | 12.6% | 13.1% | 43.0% | -5.6% | 14.9% | 532.2% | 36.4% | 36.9% | 15.7% | -- |
| Total Revenue | 533.0M | 517.0M | 459.0M | 406.0M | 284.0M | 301.0M | 262.0M | 41.4M | 30.4M | 22.2M | 19.2M |
| Cost Of Revenue | 260.0M | 225.0M | 208.0M | 181.0M | 126.0M | 116.0M | 89.3M | 19.0M | 13.5M | 12.0M | 14.1M |
| Gross Profit | 273.0M | 292.0M | 251.0M | 225.0M | 158.0M | 185.0M | 172.7M | 22.4M | 16.9M | 10.2M | 5.0M |
| Gross Margin % | 51.2% | 56.5% | 54.7% | 55.4% | 55.6% | 61.5% | 65.9% | 54.1% | 55.6% | 45.8% | 26.3% |
| Total Operating Cost | 498.0M | 448.0M | 378.0M | 326.0M | 226.0M | 200.0M | 164.0M | 65.2M | 34.3M | 26.7M | 30.0M |
| Selling Expenses | 14.9M | 16.0M | 13.0M | 10.5M | 8.0M | 7.4M | 9.8M | 5.3M | 2.3M | 1.6M | 1.7M |
| Admin Expenses | 98.9M | 95.0M | 72.5M | 64.1M | 37.4M | 35.6M | 28.8M | 20.8M | 15.6M | 11.2M | 12.1M |
| Rd Expenses | 122.0M | 102.0M | 89.7M | 71.1M | 51.9M | 36.2M | 28.1M | 13.6M | -- | -- | -- |
| Finance Expenses | -4.7M | -9.7M | -20.6M | -10.5M | -3.6M | 1.7M | 1.5M | 3.5M | 2.1M | 2.1M | 2.0M |
| Operating Income | 92.5M | 123.0M | 116.0M | 135.0M | 76.1M | 124.0M | 106.0M | -16.9M | -3.9M | -4.5M | -10.8M |
| Operating Margin % | 17.4% | 23.8% | 25.3% | 33.3% | 26.8% | 41.2% | 40.5% | -40.7% | -13.0% | -20.4% | -56.4% |
| Non Operating Income | 25,900 | 18,100 | 27,700 | 12.5M | 2.0M | 165,900 | 1.1M | 803,500 | 6.1M | 4.8M | 1.4M |
| Non Operating Expenses | 3.4M | 649,400 | 377,700 | 81,700 | 10,100 | 290,400 | 3.6M | -- | 6,400 | 30,900 | 15,300 |
| Investment Income | 11.1M | 3.0M | 2.5M | 4.7M | 31,500 | 334,300 | -- | -- | -- | -- | -- |
| Fair Value Change Income | 722,100 | 679,700 | 1.7M | 14.2M | 3.7M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 6.5M | 11,400 | 84,700 | -- | 12.3M | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 4.8M | 8.2M | 8.0M | 3.4M | 2.6M | 601,400 | 2.6M | 2.3M | 376,100 | -219,200 | 149,900 |
| Other Income | 46.2M | 43.2M | 31.5M | 36.1M | 15.0M | 10.4M | 7.9M | 6.9M | -- | -- | -- |
| Income Before Tax | 89.1M | 122.0M | 116.0M | 147.0M | 78.1M | 124.0M | 104.0M | -16.1M | 2.2M | 265,200 | -9.4M |
| Income Tax | -1.3M | -15,000 | 3.7M | 11.3M | 6.1M | 15.2M | 14.8M | -4.8M | -- | -- | -- |
| Net Income | 90.4M | 122.0M | 112.0M | 136.0M | 71.9M | 109.0M | 89.1M | -11.2M | 2.2M | 265,200 | -9.4M |
| Net Margin % | 17.0% | 23.6% | 24.4% | 33.5% | 25.3% | 36.2% | 34.0% | -27.1% | 7.1% | 1.2% | -48.9% |
| Net Income Attributable | 90.4M | 122.0M | 113.0M | 136.0M | 71.9M | 109.0M | 89.1M | -11.2M | 2.2M | 314,100 | -9.3M |
| Minority Interest | -- | -- | -652,800 | -- | -- | -- | -- | -- | -- | -48,800 | -120,500 |
| Eps Basic | 0.43 | 0.60 | 0.79 | 1.86 | 1.18 | 2.11 | 1.99 | -0.25 | 0.06 | 0.01 | -0.28 |
| Eps Diluted | 0.43 | 0.60 | 0.79 | 1.86 | 1.18 | 2.11 | 1.99 | -0.25 | 0.06 | 0.01 | -0.28 |
| 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 | 321.0M | 477.0M | 632.0M | 780.0M | 324.0M | 197.0M | 50.3M | 36.1M | 17.5M | 2.7M | 22.9M |
| Trading Financial Assets | 15.0M | -- | 35.0M | 191.0M | 848.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 198.0M | 212.0M | 147.0M | 98.0M | 62.4M | 47.7M | 41.3M | 13.2M | 12.7M | 3.9M | 9.0M |
| Notes And Accounts Receivable | 198.0M | 212.0M | 147.0M | 98.0M | 62.4M | 47.7M | 41.3M | 13.2M | 12.7M | 3.9M | 9.0M |
| Prepayments | 11.7M | 9.3M | 15.3M | 15.6M | 7.3M | 9.1M | 6.2M | 5.3M | 4.1M | 1.1M | 1.7M |
| Inventory | 240.0M | 239.0M | 225.0M | 213.0M | 191.0M | 164.0M | 155.0M | 75.7M | 23.3M | 13.0M | 11.0M |
| Total Current Assets | 822.0M | 965.0M | 1.1B | 1.3B | 1.4B | 444.0M | 284.0M | 138.0M | 60.4M | 21.1M | 62.2M |
| Long Term Equity Investment | 62.3M | 70.9M | 62.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 696.0M | 700.0M | 230.0M | 211.0M | 205.0M | 187.0M | 85.8M | 49.0M | 36.4M | 24.1M |
| Fixed Assets Total | 837.0M | 696.0M | 700.0M | 230.0M | 211.0M | 205.0M | 187.0M | 85.8M | 49.0M | 36.4M | 24.1M |
| Construction In Progress | -- | 175.0M | 81.1M | 411.0M | 191.0M | 53.7M | -- | 48.6M | 24.1M | -- | -- |
| Construction In Progress Total | 137.0M | 175.0M | 81.1M | 411.0M | 191.0M | 53.7M | -- | 48.6M | 24.1M | -- | -- |
| Intangible Assets | 147.0M | 158.0M | 84.3M | 74.7M | 75.2M | 75.8M | 4.5M | 7.7M | 7.4M | 3.4M | 3.6M |
| Long Term Deferred Expenses | 8.4M | 6.9M | 8.9M | 4.3M | 6.6M | 7.8M | 7.7M | 8.5M | -- | -- | -- |
| Total Non Current Assets | 1.4B | 1.2B | 1.1B | 844.0M | 575.0M | 381.0M | 207.0M | 188.0M | 94.9M | 64.7M | 36.8M |
| Total Assets | 2.2B | 2.2B | 2.1B | 2.2B | 2.0B | 825.0M | 491.0M | 326.0M | 155.0M | 85.8M | 99.0M |
| Short Term Borrowings | 60.8M | 66.3M | 50.0M | -- | -- | 35.0M | 28.8M | 54.2M | 37.0M | 20.5M | 29.0M |
| Accounts Payable | 141.0M | 119.0M | 80.1M | 75.0M | 32.7M | 27.4M | 53.8M | 26.1M | 3.8M | 1.9M | 3.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 168.0M | 174.0M | 108.0M | 80,800 | 84,100 | 265,800 |
| Contract Liabilities | 24.2M | 69.8M | 151.0M | 209.0M | 201.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 247.0M | 277.0M | 323.0M | 353.0M | 264.0M | 251.0M | 276.0M | 197.0M | 41.6M | 22.8M | 34.6M |
| Long Term Borrowings | 30.0M | -- | -- | 10.8M | 21.2M | -- | 14.0M | 16.0M | -- | -- | -- |
| Total Non Current Liabilities | 194.0M | 159.0M | 156.0M | 180.0M | 178.0M | 122.0M | 62.2M | 65.7M | 37.7M | 35.0M | 35.9M |
| Total Liabilities | 441.0M | 436.0M | 479.0M | 533.0M | 442.0M | 374.0M | 338.0M | 263.0M | 79.3M | 57.8M | 70.5M |
| Paid In Capital | 208.0M | 149.0M | 103.0M | 73.1M | 73.1M | 54.9M | 44.9M | 44.9M | 44.9M | 32.6M | 32.6M |
| Capital Reserve | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 233.0M | 43.4M | 43.4M | 43.2M | 9.4M | 9.6M |
| Surplus Reserve | 55.9M | 43.1M | 25.9M | 15.1M | 6.2M | 4.0M | 1.6M | -- | -- | -- | -- |
| Retained Earnings | 236.0M | 277.0M | 275.0M | 283.0M | 229.0M | 159.0M | 62.5M | -24.9M | -11.9M | -14.1M | -14.4M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 679,500 |
| Equity Attributable | 1.7B | 1.8B | 1.7B | 1.7B | 1.6B | 451.0M | 152.0M | 63.3M | 76.1M | 28.0M | 27.8M |
| Total Equity | 1.7B | 1.8B | 1.7B | 1.7B | 1.6B | 451.0M | 152.0M | 63.3M | 76.1M | 28.0M | 28.5M |
| 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 | 476.0M | 419.0M | 390.0M | 399.0M | 353.0M | 318.0M | 361.0M | 161.0M | 25.1M | 30.3M | 17.2M |
| Tax Refunds Received | 4.6M | 15.3M | 26.3M | 18.7M | 10.1M | 654,500 | 379,800 | 741,200 | 327,800 | 709,300 | 693,000 |
| Total Operating Cash Inflow | 567.0M | 531.0M | 492.0M | 521.0M | 421.0M | 406.0M | 373.0M | 185.0M | 38.3M | 46.4M | 23.6M |
| Cash Paid For Goods | 263.0M | 225.0M | 255.0M | 191.0M | 167.0M | 146.0M | 163.0M | 65.2M | 25.8M | 14.5M | 17.0M |
| Cash Paid To Employees | 145.0M | 124.0M | 113.0M | 75.3M | 53.7M | 52.7M | 34.5M | 18.7M | 9.1M | 6.6M | 6.3M |
| Taxes Paid | 29.0M | 48.9M | 54.9M | 72.2M | 27.2M | 22.7M | 48.5M | 711,100 | 1.6M | 914,000 | 196,400 |
| Total Operating Cash Outflow | 503.0M | 506.0M | 471.0M | 380.0M | 301.0M | 265.0M | 295.0M | 132.0M | 51.4M | 39.9M | 34.7M |
| Operating Cash Flow | 64.4M | 24.6M | 20.4M | 141.0M | 120.0M | 141.0M | 78.4M | 53.1M | -13.2M | 6.6M | -11.1M |
| Total Investing Cash Inflow | 391.0M | 158.0M | 474.0M | 1.7B | 31,500 | 98.4M | 15.4M | -- | 2.4M | 2,500 | 34.1M |
| Total Investing Cash Outflow | 504.0M | 331.0M | 540.0M | 1.3B | 1.1B | 291.0M | 65.2M | 93.4M | 34.9M | 28.6M | 15.0M |
| Investing Cash Flow | -113.0M | -173.0M | -66.4M | 412.0M | -1.1B | -193.0M | -49.8M | -93.4M | -32.4M | -28.6M | 19.1M |
| Cash From Borrowings | 81.0M | 60.0M | 50.0M | -- | 60.1M | 35.0M | 33.0M | 128.0M | 66.8M | 34.5M | 41.0M |
| Dividends And Interest Paid | 122.0M | 104.0M | 110.0M | 74.0M | 1.6M | 12.1M | 4.1M | 3.9M | 2.0M | 2.1M | 2.0M |
| Debt Repayments | 66.3M | 60.8M | 10.3M | -- | 82.0M | 36.8M | 60.3M | 93.3M | 50.3M | 43.0M | 28.5M |
| Total Financing Cash Inflow | 90.8M | 157.0M | 54.6M | -- | 1.2B | 235.0M | 46.8M | 128.0M | 113.0M | 46.9M | 41.8M |
| Total Financing Cash Outflow | 190.0M | 167.0M | 122.0M | 76.0M | 167.0M | 49.3M | 78.3M | 97.3M | 52.3M | 45.1M | 30.5M |
| Financing Cash Flow | -98.8M | -10.2M | -67.5M | -76.0M | 1.0B | 186.0M | -31.5M | 31.2M | 60.4M | 1.8M | 11.3M |
| Net Change In Cash | -148.0M | -159.0M | -113.0M | 477.0M | 107.0M | 134.0M | -2.9M | -8.9M | 14.8M | -20.2M | 19.4M |
| Ending Cash Balance | 303.0M | 451.0M | 610.0M | 723.0M | 246.0M | 139.0M | 5.7M | 8.6M | 17.5M | 2.7M | 22.9M |
| Capex | 124.0M | 206.0M | 191.0M | 251.0M | 162.0M | 202.0M | 65.2M | 93.4M | 34.9M | 27.8M | 15.0M |