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 | 703.0M | 544.0M | 363.0M | 313.0M | 301.0M | 258.0M | 161.0M | 97.6M | 31.0M | 15.1M | 563,700 |
| Revenue Growth % | 29.2% | 49.9% | 16.0% | 4.0% | 16.7% | 60.2% | 65.0% | 214.3% | 105.6% | 2577.9% | -- |
| Total Revenue | 703.0M | 544.0M | 363.0M | 313.0M | 301.0M | 258.0M | 161.0M | 97.6M | 31.0M | 15.1M | 563,700 |
| Cost Of Revenue | 432.0M | 348.0M | 255.0M | 214.0M | 165.0M | 153.0M | 106.0M | 68.9M | 19.0M | 5.6M | 133,800 |
| Gross Profit | 271.0M | 196.0M | 108.0M | 99.0M | 136.0M | 105.0M | 55.0M | 28.7M | 12.0M | 9.5M | 429,900 |
| Gross Margin % | 38.5% | 36.0% | 29.8% | 31.6% | 45.2% | 40.7% | 34.2% | 29.4% | 38.8% | 62.9% | 76.3% |
| Total Operating Cost | 594.0M | 454.0M | 351.0M | 311.0M | 242.0M | 215.0M | 154.0M | 105.0M | 58.9M | 38.0M | 19.2M |
| Selling Expenses | 18.1M | 11.6M | 8.1M | 9.7M | 8.7M | 7.7M | 5.5M | 3.0M | 1.5M | 739,800 | 232,200 |
| Admin Expenses | 61.0M | 41.3M | 33.1M | 34.2M | 24.6M | 19.4M | 16.0M | 13.2M | 36.4M | 29.7M | 18.6M |
| Rd Expenses | 61.2M | 48.3M | 38.6M | 51.3M | 30.9M | 30.7M | 22.4M | 14.5M | -- | -- | -- |
| Finance Expenses | -5.1M | -2.6M | -5.9M | -6.0M | 4.3M | 128,100 | 1.0M | 4.2M | 1.1M | 1.8M | 221,500 |
| Operating Income | 136.0M | 96.0M | 15.1M | 21.5M | 68.2M | 45.4M | 13.1M | -6.3M | -27.8M | -22.9M | -18.7M |
| Operating Margin % | 19.3% | 17.7% | 4.2% | 6.9% | 22.7% | 17.6% | 8.1% | -6.5% | -89.7% | -152.0% | -3310.0% |
| Non Operating Income | 277,600 | 27,700 | 2.0M | 1.9M | 187,900 | 660,900 | 168,900 | 93,000 | 4.1M | 1.4M | 2.0M |
| Non Operating Expenses | 100,300 | 124,300 | 852,500 | 38,900 | 658,600 | 695,700 | 144,800 | 203,100 | 10,000 | 94.00 | 5,800 |
| Investment Income | -346,500 | 236,100 | -863,400 | 1.5M | 178,100 | 697,400 | 62,900 | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | 1,700 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | 101,000 | -- | -42,200 | 39,500 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 18.9M | 12.8M | 9.9M | 5.4M | 5.0M | 2.7M | 2.0M | 771,300 | 715,800 | 189,400 | -- |
| Other Income | 27.1M | 6.0M | 4.4M | 18.6M | 8.7M | 2.4M | 5.6M | 1.3M | -- | -- | -- |
| Income Before Tax | 137.0M | 95.9M | 16.2M | 23.4M | 67.8M | 45.3M | 13.1M | -6.4M | -23.8M | -21.5M | -16.6M |
| Income Tax | 10.8M | 8.5M | -2.4M | -789,900 | 8.2M | 5.2M | 1.1M | 1.6M | -6.1M | -3.1M | -1.2M |
| Net Income | 126.0M | 87.5M | 18.6M | 24.2M | 59.5M | 40.2M | 12.0M | -8.0M | -17.7M | -18.5M | -15.4M |
| Net Margin % | 17.9% | 16.1% | 5.1% | 7.7% | 19.8% | 15.6% | 7.4% | -8.2% | -57.0% | -122.3% | -2730.2% |
| Net Income Attributable | 127.0M | 90.2M | 20.1M | 24.3M | 59.9M | 42.2M | 14.0M | -7.3M | -17.7M | -18.5M | -15.4M |
| Minority Interest | -865,600 | -2.7M | -1.5M | -111,200 | -354,700 | -2.0M | -2.0M | -650,100 | -- | -- | -- |
| Eps Basic | 0.49 | 0.35 | 0.08 | 0.09 | 0.31 | 0.22 | 0.08 | -0.05 | -0.13 | -0.13 | -0.34 |
| Eps Diluted | 0.49 | 0.35 | 0.08 | 0.09 | 0.31 | 0.22 | 0.08 | -0.05 | -0.13 | -- | -- |
| 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 | 218.0M | 319.0M | 501.0M | 467.0M | 74.3M | 78.3M | 79.2M | 32.8M | 11.5M | 7.4M |
| Trading Financial Assets | -- | -- | -- | 25.0M | 73.8M | 22.8M | -- | -- | -- | -- | -- |
| Accounts Receivable | 314.0M | 182.0M | 157.0M | 190.0M | 115.0M | 59.0M | 47.3M | 21.9M | 18.1M | 8.3M | -- |
| Notes Receivable | 24.7M | 82.7M | 43.4M | 13.8M | 32.5M | 15.2M | 5.4M | 2.8M | 364,800 | 2.1M | -- |
| Notes And Accounts Receivable | 338.0M | 265.0M | 201.0M | 204.0M | 148.0M | 74.2M | 52.7M | 24.6M | 18.5M | 10.4M | -- |
| Prepayments | 6.1M | 3.2M | 6.6M | 1.1M | 3.2M | 1.3M | 1.2M | 2.5M | 728,800 | 1.2M | 904,100 |
| Inventory | 181.0M | 156.0M | 173.0M | 97.7M | 75.2M | 68.0M | 50.1M | 22.1M | 13.7M | 5.9M | 1.0M |
| Total Current Assets | 862.0M | 663.0M | 723.0M | 837.0M | 779.0M | 253.0M | 262.0M | 152.0M | 86.5M | 95.6M | 22.5M |
| Long Term Equity Investment | 11.7M | 10.6M | 5.5M | 3.9M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 685.0M | 455.0M | 402.0M | 347.0M | 274.0M | 168.0M | 132.0M | 102.0M | 98.7M | 69.2M |
| Fixed Assets Total | 857.0M | 685.0M | 455.0M | 402.0M | 347.0M | 274.0M | 168.0M | 132.0M | 102.0M | 98.7M | 69.2M |
| Construction In Progress | -- | 117.0M | 129.0M | 30.9M | 42.0M | 39.6M | 49.6M | 5.4M | 21.7M | 153,600 | 19.0M |
| Construction In Progress Total | 96.9M | 117.0M | 129.0M | 30.9M | 42.0M | 39.6M | 49.6M | 5.4M | 21.7M | 153,600 | 19.0M |
| Intangible Assets | 65.6M | 67.3M | 69.2M | 27.6M | 27.5M | 27.1M | 25.2M | 10.3M | 10.6M | 10.2M | 10.2M |
| Long Term Deferred Expenses | 12.9M | 11.1M | 2.5M | 3.0M | 3.7M | 3.0M | 689,600 | 1.1M | 413,400 | 53,900 | -- |
| Total Non Current Assets | 1.1B | 923.0M | 719.0M | 526.0M | 431.0M | 374.0M | 273.0M | 168.0M | 154.0M | 119.0M | 112.0M |
| Total Assets | 1.9B | 1.6B | 1.4B | 1.4B | 1.2B | 628.0M | 534.0M | 320.0M | 241.0M | 215.0M | 135.0M |
| Short Term Borrowings | 117.0M | 48.9M | 56.6M | 38.2M | 40.1M | 23.3M | 20.0M | 22.0M | -- | -- | -- |
| Accounts Payable | 295.0M | 251.0M | 202.0M | 135.0M | 99.4M | 94.0M | 90.9M | 37.1M | 28.5M | 26.9M | 53.3M |
| Advance Receipts | -- | -- | -- | -- | 75,800 | 3.0M | 599,300 | 259,400 | 2.6M | 51,700 | 215,400 |
| Contract Liabilities | 3.1M | 230,300 | 1.8M | 4.8M | 1.6M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 563.0M | 454.0M | 374.0M | 286.0M | 223.0M | 185.0M | 157.0M | 110.0M | 44.0M | 29.8M | 55.0M |
| Long Term Borrowings | 96.6M | 19.4M | 40.0M | 53.3M | 37.5M | 32.1M | 10.4M | 28.0M | 59.0M | 30.0M | 15.0M |
| Total Non Current Liabilities | 171.0M | 42.5M | 66.8M | 71.4M | 46.8M | 36.5M | 10.9M | 28.3M | 59.0M | 30.0M | 15.0M |
| Total Liabilities | 735.0M | 496.0M | 441.0M | 357.0M | 270.0M | 221.0M | 168.0M | 139.0M | 103.0M | 59.8M | 70.0M |
| Paid In Capital | 258.0M | 258.0M | 258.0M | 258.0M | 258.0M | 194.0M | 194.0M | 159.0M | 139.0M | 139.0M | 76.7M |
| Capital Reserve | 611.0M | 593.0M | 591.0M | 589.0M | 592.0M | 182.0M | 184.0M | 46.1M | 16.5M | 50.3M | 3.3M |
| Surplus Reserve | 35.7M | 24.4M | 14.7M | 12.3M | 9.7M | 3.7M | -- | -- | -- | -- | -- |
| Retained Earnings | 237.0M | 174.0M | 93.1M | 101.0M | 79.6M | 25.8M | -12.7M | -26.7M | -17.7M | -33.8M | -15.4M |
| Minority Equity | 40.2M | 40.9M | 43.6M | 45.1M | 723,100 | 1.1M | 1.3M | 3.3M | -- | -- | -- |
| Equity Attributable | 1.1B | 1.0B | 958.0M | 961.0M | 940.0M | 406.0M | 365.0M | 178.0M | 138.0M | 155.0M | 64.6M |
| Total Equity | 1.2B | 1.1B | 1.0B | 1.0B | 941.0M | 407.0M | 366.0M | 181.0M | 138.0M | 155.0M | 64.6M |
| 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 | 615.0M | 500.0M | 370.0M | 252.0M | 219.0M | 237.0M | 127.0M | 86.5M | 24.2M | 7.3M | 765,400 |
| Tax Refunds Received | 32.5M | 35.4M | 10.0M | 8.6M | 7.4M | 25.3M | 28.7M | 5.1M | -- | -- | -- |
| Total Operating Cash Inflow | 726.0M | 547.0M | 399.0M | 300.0M | 244.0M | 269.0M | 163.0M | 94.6M | 28.8M | 8.9M | 2.9M |
| Cash Paid For Goods | 321.0M | 263.0M | 216.0M | 107.0M | 90.3M | 122.0M | 61.4M | 52.9M | 28.3M | 17.7M | 4.4M |
| Cash Paid To Employees | 128.0M | 104.0M | 86.3M | 80.9M | 64.7M | 60.9M | 43.5M | 29.5M | 19.8M | 10.4M | 5.8M |
| Taxes Paid | 6.6M | 8.6M | 2.2M | 5.3M | 9.8M | 827,300 | 556,200 | 568,500 | 1.7M | 326,400 | 309,700 |
| Total Operating Cash Outflow | 515.0M | 426.0M | 347.0M | 235.0M | 192.0M | 212.0M | 124.0M | 96.9M | 58.5M | 32.9M | 13.8M |
| Operating Cash Flow | 210.0M | 121.0M | 52.0M | 65.6M | 52.6M | 57.5M | 38.4M | -2.2M | -29.8M | -24.0M | -10.9M |
| Total Investing Cash Inflow | -- | 20.2M | 30.3M | 127.0M | 65.1M | 276.0M | 62.1M | -- | 53.9M | 9.5M | -- |
| Total Investing Cash Outflow | 196.0M | 244.0M | 236.0M | 221.0M | 216.0M | 358.0M | 233.0M | 26.3M | 39.5M | 94.2M | 36.0M |
| Investing Cash Flow | -196.0M | -224.0M | -205.0M | -94.3M | -151.0M | -82.3M | -171.0M | -26.3M | 14.4M | -84.7M | -36.0M |
| Cash From Borrowings | 226.0M | 83.7M | 71.5M | 91.3M | 97.5M | 63.3M | 38.6M | 39.0M | 30.0M | 15.0M | 15.0M |
| Dividends And Interest Paid | 58.1M | 4.0M | 32.1M | 4.6M | 4.0M | 1.6M | 3.6M | 4.1M | 1.6M | 1.9M | 116,000 |
| Debt Repayments | 109.0M | 84.8M | 66.5M | 67.6M | 74.5M | 35.6M | 86.0M | 20.0M | 1.0M | -- | -- |
| Total Financing Cash Inflow | 226.0M | 83.7M | 71.5M | 136.0M | 587.0M | 63.3M | 212.0M | 92.6M | 30.4M | 136.0M | 78.5M |
| Total Financing Cash Outflow | 168.0M | 90.2M | 98.6M | 80.9M | 86.5M | 37.8M | 89.6M | 24.1M | 3.0M | 23.6M | 30.7M |
| Financing Cash Flow | 58.5M | -6.5M | -27.1M | 55.4M | 501.0M | 25.5M | 122.0M | 68.6M | 27.4M | 113.0M | 47.8M |
| Net Change In Cash | 78.3M | -109.0M | -179.0M | 26.3M | 402.0M | 1.1M | -9.1M | 39.3M | 12.3M | 4.1M | 809,800 |
| Ending Cash Balance | 273.0M | 195.0M | 304.0M | 483.0M | 457.0M | 55.2M | 54.1M | 63.2M | 23.9M | 11.5M | 7.4M |
| Capex | 196.0M | 218.0M | 231.0M | 137.0M | 101.0M | 118.0M | 113.0M | 26.3M | 39.5M | 39.7M | 27.5M |