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 | 927.0M | 808.0M | 548.0M | 385.0M | 356.0M |
| Revenue Growth % | 14.7% | 47.4% | 42.3% | 8.1% | -- |
| Total Revenue | 927.0M | 808.0M | 548.0M | 385.0M | 356.0M |
| Cost Of Revenue | 605.0M | 575.0M | 380.0M | 265.0M | 237.0M |
| Gross Profit | 322.0M | 233.0M | 168.0M | 120.0M | 119.0M |
| Gross Margin % | 34.7% | 28.8% | 30.7% | 31.2% | 33.4% |
| Total Operating Cost | 811.0M | 734.0M | 487.0M | 346.0M | 319.0M |
| Selling Expenses | 61.6M | 46.9M | 29.2M | 19.4M | 20.7M |
| Admin Expenses | 63.8M | 45.6M | 32.1M | 29.3M | 24.1M |
| Rd Expenses | 56.6M | 45.8M | 30.0M | 25.2M | 23.3M |
| Finance Expenses | 2.5M | -1.6M | -1.0M | 894,000 | 2.7M |
| Operating Income | 189.0M | 99.4M | 76.5M | 53.3M | 55.5M |
| Operating Margin % | 20.4% | 12.3% | 14.0% | 13.9% | 15.6% |
| Non Operating Income | 9.1M | 4.1M | 2.1M | 1.0M | 26,700 |
| Non Operating Expenses | 936,100 | 877,900 | 377,600 | 882,700 | 9,700 |
| Investment Income | 63.4M | 15.6M | 4.9M | 6.4M | 3.6M |
| Asset Disposal Income | -124,900 | 1.7M | -- | 500.00 | 6.4M |
| Asset Impairment Loss | -83,500 | 1.3M | 5.0M | -652,800 | 1.2M |
| Other Income | 10.0M | 7.8M | 10.1M | 7.9M | 8.2M |
| Income Before Tax | 198.0M | 103.0M | 78.2M | 53.5M | 55.6M |
| Income Tax | 11.7M | 7.5M | 7.4M | 4.9M | 5.8M |
| Net Income | 186.0M | 95.1M | 70.8M | 48.6M | 49.7M |
| Net Margin % | 20.1% | 11.8% | 12.9% | 12.6% | 14.0% |
| Net Income Attributable | 181.0M | 90.3M | 66.2M | 44.6M | 46.0M |
| Minority Interest | 5.2M | 4.7M | 4.5M | 3.9M | 3.7M |
| Eps Basic | 1.90 | 0.95 | 0.91 | 0.63 | 0.65 |
| Eps Diluted | 1.90 | 0.95 | 0.91 | 0.63 | 0.65 |
| 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 | 403.0M | 539.0M | 595.0M | 187.0M | 132.0M |
| Trading Financial Assets | -- | 48.0M | 10.0M | -- | -- |
| Accounts Receivable | 573.0M | 421.0M | 251.0M | 206.0M | 183.0M |
| Notes Receivable | 11.8M | 16.1M | 13.9M | 8.6M | 4.9M |
| Notes And Accounts Receivable | 585.0M | 437.0M | 265.0M | 215.0M | 188.0M |
| Prepayments | 43.0M | 11.2M | 7.6M | 20.9M | 4.1M |
| Inventory | 80.6M | 32.1M | 106.0M | 42.0M | 31.6M |
| Total Current Assets | 1.2B | 1.1B | 1.0B | 494.0M | 413.0M |
| Long Term Equity Investment | -- | 58.0M | 51.7M | 47.6M | 43.4M |
| Fixed Assets | -- | 81.0M | 84.9M | 89.7M | 94.8M |
| Fixed Assets Total | 247.0M | 81.0M | 84.9M | 89.7M | 94.8M |
| Construction In Progress | -- | 25.3M | 1.5M | 88,900 | -- |
| Construction In Progress Total | 613,600 | 25.3M | 1.5M | 88,900 | -- |
| Intangible Assets | 185.0M | 167.0M | 180.0M | 186.0M | 189.0M |
| Long Term Deferred Expenses | 5.0M | -- | -- | -- | -- |
| Total Non Current Assets | 634.0M | 357.0M | 334.0M | 341.0M | 348.0M |
| Total Assets | 1.8B | 1.5B | 1.4B | 835.0M | 761.0M |
| Short Term Borrowings | 94.9M | -- | -- | -- | 31.0M |
| Accounts Payable | 261.0M | 211.0M | 176.0M | 138.0M | 128.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 45.7M | 44.5M | 70.8M | 62.8M | 23.5M |
| Total Current Liabilities | 611.0M | 436.0M | 349.0M | 265.0M | 232.0M |
| Long Term Borrowings | 14.0M | -- | 14.0M | 21.0M | 27.0M |
| Total Non Current Liabilities | 101.0M | 86.4M | 105.0M | 114.0M | 124.0M |
| Total Liabilities | 712.0M | 523.0M | 454.0M | 379.0M | 357.0M |
| Paid In Capital | 95.3M | 94.8M | 94.8M | 71.1M | 71.1M |
| Capital Reserve | 578.0M | 568.0M | 559.0M | 183.0M | 180.0M |
| Surplus Reserve | 22.5M | 18.6M | 13.1M | 8.2M | 5.5M |
| Retained Earnings | 378.0M | 249.0M | 213.0M | 151.0M | 109.0M |
| Minority Equity | 39.6M | 38.6M | 38.0M | 41.5M | 37.6M |
| Equity Attributable | 1.1B | 932.0M | 880.0M | 414.0M | 366.0M |
| Total Equity | 1.1B | 970.0M | 918.0M | 456.0M | 404.0M |
| 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 | 721.0M | 601.0M | 491.0M | 409.0M | 311.0M |
| Tax Refunds Received | 1.0M | 438,200 | -- | -- | -- |
| Total Operating Cash Inflow | 752.0M | 613.0M | 505.0M | 422.0M | 340.0M |
| Cash Paid For Goods | 387.0M | 342.0M | 314.0M | 188.0M | 165.0M |
| Cash Paid To Employees | 174.0M | 120.0M | 94.9M | 77.7M | 52.6M |
| Taxes Paid | 67.0M | 36.0M | 27.6M | 23.0M | 23.6M |
| Total Operating Cash Outflow | 685.0M | 546.0M | 479.0M | 339.0M | 298.0M |
| Operating Cash Flow | 66.7M | 67.3M | 26.3M | 83.7M | 41.2M |
| Total Investing Cash Inflow | 1.2B | 1.5B | 303.0M | 247.0M | 138.0M |
| Total Investing Cash Outflow | 1.4B | 1.5B | 317.0M | 235.0M | 143.0M |
| Investing Cash Flow | -198.0M | -50.2M | -13.4M | 12.7M | -4.0M |
| Cash From Borrowings | 98.9M | -- | -- | -- | 31.0M |
| Dividends And Interest Paid | 54.2M | 52.9M | 9.4M | 2.3M | 5.6M |
| Debt Repayments | 37.6M | 21.0M | 6.0M | 45.0M | 29.0M |
| Total Financing Cash Inflow | 106.0M | -- | 423.0M | -- | 40.7M |
| Total Financing Cash Outflow | 91.8M | 82.3M | 33.5M | 47.3M | 34.6M |
| Financing Cash Flow | 13.8M | -82.3M | 390.0M | -47.3M | 6.1M |
| Net Change In Cash | -119.0M | -65.9M | 403.0M | 48.8M | 43.3M |
| Ending Cash Balance | 397.0M | 516.0M | 582.0M | 179.0M | 130.0M |
| Capex | 84.5M | 24.9M | 4.3M | 1.6M | 4.5M |