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 |
|---|---|---|---|---|---|
| Revenue | 876.0M | 672.0M | 640.0M | 494.0M | 402.0M |
| Revenue Growth % | 30.4% | 5.0% | 29.6% | 22.9% | -- |
| Total Revenue | 876.0M | 672.0M | 640.0M | 494.0M | 402.0M |
| Cost Of Revenue | 571.0M | 436.0M | 430.0M | 364.0M | 309.0M |
| Gross Profit | 305.0M | 236.0M | 210.0M | 130.0M | 93.0M |
| Gross Margin % | 34.8% | 35.1% | 32.8% | 26.3% | 23.1% |
| Total Operating Cost | 684.0M | 537.0M | 533.0M | 470.0M | 402.0M |
| Selling Expenses | 13.9M | 12.9M | 14.5M | 15.3M | 9.8M |
| Admin Expenses | 42.9M | 36.3M | 33.9M | 37.5M | 25.5M |
| Rd Expenses | 37.6M | 35.2M | 28.4M | 23.0M | 28.4M |
| Finance Expenses | 8.3M | 7.6M | 17.6M | 19.6M | 17.7M |
| Operating Income | 216.0M | 169.0M | 131.0M | 38.1M | 8.1M |
| Operating Margin % | 24.7% | 25.1% | 20.5% | 7.7% | 2.0% |
| Non Operating Income | 337,100 | 1.8M | 292,300 | 2.8M | 15,000 |
| Non Operating Expenses | 58,900 | 1.3M | 267,100 | 172,700 | 217,700 |
| Investment Income | 1.9M | 2.1M | 688,500 | -- | -- |
| Fair Value Change Income | -- | 3.6M | 1.5M | -- | -- |
| Asset Disposal Income | 541,900 | -606,200 | 188,000 | 89,300 | -13,300 |
| Asset Impairment Loss | 2.9M | 2.9M | 3.0M | 4.5M | 6.2M |
| Other Income | 22.4M | 28.1M | 22.1M | 14.4M | 8.1M |
| Income Before Tax | 217.0M | 169.0M | 131.0M | 40.7M | 7.9M |
| Income Tax | 25.6M | 22.9M | 20.7M | 12.2M | 11.6M |
| Net Income | 191.0M | 146.0M | 111.0M | 28.5M | -3.7M |
| Net Margin % | 21.8% | 21.7% | 17.3% | 5.8% | -0.9% |
| Net Income Attributable | 191.0M | 149.0M | 120.0M | 52.3M | 32.5M |
| Minority Interest | 326,700 | -2.4M | -9.0M | -23.8M | -36.1M |
| Eps Basic | 0.99 | 0.77 | 0.74 | 0.52 | 0.34 |
| Eps Diluted | 0.99 | 0.77 | 0.74 | 0.52 | 0.34 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 243.0M | 509.0M | 617.0M | 149.0M | 176.0M |
| Trading Financial Assets | -- | 50.4M | 231.0M | -- | -- |
| Accounts Receivable | 250.0M | 176.0M | 141.0M | 108.0M | 85.6M |
| Notes Receivable | 7.5M | 4.2M | 5.8M | 6.1M | 11.1M |
| Notes And Accounts Receivable | 258.0M | 180.0M | 147.0M | 114.0M | 96.7M |
| Prepayments | 1.5M | 1.5M | 1.6M | 819,800 | 689,900 |
| Inventory | 177.0M | 167.0M | 110.0M | 101.0M | 73.2M |
| Total Current Assets | 695.0M | 938.0M | 1.1B | 474.0M | 456.0M |
| Long Term Equity Investment | 160.0M | 160.0M | -- | -- | -- |
| Fixed Assets | -- | 869.0M | 721.0M | 751.0M | 727.0M |
| Fixed Assets Total | 1.1B | 872.0M | 721.0M | 751.0M | 727.0M |
| Construction In Progress | -- | 211.0M | 2.0M | 19.1M | 67.2M |
| Construction In Progress Total | 78.9M | 211.0M | 2.0M | 19.1M | 67.2M |
| Intangible Assets | 13.3M | 13.9M | 14.4M | 13.9M | 7.4M |
| Long Term Deferred Expenses | 41.6M | 36.8M | 33.1M | 36.3M | 28.7M |
| Total Non Current Assets | 1.5B | 1.4B | 817.0M | 836.0M | 839.0M |
| Total Assets | 2.2B | 2.3B | 1.9B | 1.3B | 1.3B |
| Short Term Borrowings | 232.0M | 90.1M | 67.1M | 61.1M | 55.1M |
| Accounts Payable | 174.0M | 281.0M | 107.0M | 159.0M | 203.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 651,200 | 567,400 | 355,400 | 371,500 | 774,300 |
| Total Current Liabilities | 497.0M | 426.0M | 298.0M | 296.0M | 365.0M |
| Long Term Borrowings | 289.0M | 314.0M | 160.0M | 396.0M | 389.0M |
| Total Non Current Liabilities | 353.0M | 386.0M | 246.0M | 491.0M | 486.0M |
| Total Liabilities | 850.0M | 812.0M | 544.0M | 787.0M | 851.0M |
| Paid In Capital | 193.0M | 193.0M | 133.0M | 100.0M | 100.0M |
| Capital Reserve | 745.0M | 912.0M | 972.0M | 245.0M | 244.0M |
| Surplus Reserve | 41.2M | 35.4M | 29.4M | 23.7M | 18.6M |
| Retained Earnings | 462.0M | 322.0M | 209.0M | 94.5M | 47.3M |
| Minority Equity | 881,800 | 48.9M | 50.4M | 59.3M | 34.2M |
| Equity Attributable | 1.4B | 1.5B | 1.3B | 463.0M | 410.0M |
| Total Equity | 1.4B | 1.5B | 1.4B | 522.0M | 444.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 878.0M | 726.0M | 656.0M | 506.0M | 398.0M |
| Tax Refunds Received | 21.1M | 789,700 | 105.0M | -- | 348,700 |
| Total Operating Cash Inflow | 916.0M | 749.0M | 783.0M | 539.0M | 426.0M |
| Cash Paid For Goods | 528.0M | 458.0M | 364.0M | 275.0M | 222.0M |
| Cash Paid To Employees | 57.8M | 53.8M | 52.4M | 49.1M | 38.4M |
| Taxes Paid | 40.7M | 49.1M | 38.0M | 44.3M | 23.4M |
| Total Operating Cash Outflow | 649.0M | 583.0M | 484.0M | 404.0M | 313.0M |
| Operating Cash Flow | 267.0M | 167.0M | 299.0M | 134.0M | 113.0M |
| Total Investing Cash Inflow | 211.0M | 946.0M | 31.4M | 310,100 | 10,800 |
| Total Investing Cash Outflow | 426.0M | 1.4B | 395.0M | 135.0M | 171.0M |
| Investing Cash Flow | -215.0M | -469.0M | -364.0M | -135.0M | -171.0M |
| Cash From Borrowings | 297.0M | 453.0M | 85.8M | 65.8M | 79.0M |
| Dividends And Interest Paid | 63.5M | 44.0M | 24.3M | 25.6M | 27.9M |
| Debt Repayments | 161.0M | 326.0M | 286.0M | 83.8M | 88.7M |
| Total Financing Cash Inflow | 306.0M | 454.0M | 870.0M | 115.0M | 154.0M |
| Total Financing Cash Outflow | 495.0M | 380.0M | 335.0M | 122.0M | 119.0M |
| Financing Cash Flow | -189.0M | 73.2M | 535.0M | -6.8M | 35.0M |
| Net Change In Cash | -143.0M | -232.0M | 468.0M | -8.7M | -24.7M |
| Ending Cash Balance | 243.0M | 386.0M | 617.0M | 149.0M | 158.0M |
| Capex | 254.0M | 338.0M | 115.0M | 135.0M | 151.0M |