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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 739.0M | 587.0M | 485.0M | 346.0M | 200.0M | 149.0M | 119.0M | 110.0M | 89.1M | 60.7M |
| Revenue Growth % | 25.9% | 21.0% | 40.2% | 73.0% | 34.2% | 25.2% | 8.2% | 23.4% | 46.8% | -- |
| Total Revenue | 739.0M | 587.0M | 485.0M | 346.0M | 200.0M | 149.0M | 119.0M | 110.0M | 89.1M | 60.7M |
| Cost Of Revenue | 416.0M | 361.0M | 288.0M | 207.0M | 119.0M | 90.2M | 78.0M | 59.2M | 51.3M | 30.1M |
| Gross Profit | 323.0M | 226.0M | 197.0M | 139.0M | 81.0M | 58.8M | 41.0M | 50.8M | 37.8M | 30.6M |
| Gross Margin % | 43.7% | 38.5% | 40.6% | 40.2% | 40.5% | 39.5% | 34.5% | 46.2% | 42.4% | 50.4% |
| Total Operating Cost | 654.0M | 533.0M | 426.0M | 304.0M | 186.0M | 153.0M | 128.0M | 99.3M | 84.4M | 56.7M |
| Selling Expenses | 88.1M | 67.1M | 52.8M | 39.5M | 26.3M | 20.3M | 15.4M | 9.9M | 8.8M | 6.5M |
| Admin Expenses | 64.0M | 44.3M | 33.7M | 27.2M | 21.1M | 16.7M | 28.0M | 27.7M | 20.1M | 18.6M |
| Rd Expenses | 81.5M | 66.2M | 44.7M | 32.4M | 17.0M | 13.2M | -- | -- | -- | -- |
| Finance Expenses | -13.7M | -16.2M | 828,100 | 249,700 | 1.8M | -1.1M | 1.5M | 908,500 | 2.0M | 1.4M |
| Operating Income | 161.0M | 131.0M | 77.0M | 54.7M | 24.1M | 9.1M | -8.9M | 11.9M | 4.7M | 4.0M |
| Operating Margin % | 21.8% | 22.3% | 15.9% | 15.8% | 12.1% | 6.1% | -7.4% | 10.9% | 5.3% | 6.7% |
| Non Operating Income | 1.1M | 668,900 | 167,700 | 326,300 | 71,900 | 105,100 | 10.0M | 5.9M | 3.3M | 4.6M |
| Non Operating Expenses | 2.0M | 3.2M | 405,200 | 270,300 | 114,700 | 129,600 | 108,800 | 7,100 | 39,900 | 75,300 |
| Investment Income | 15.3M | 9.0M | 1.0M | 1.0M | 265,600 | 20,600 | 780,000 | 780,000 | 0.00 | -- |
| Fair Value Change Income | 27.4M | 31.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 3,700 | -- | 3,600 | 19,800 | 18,400 | 6,800 | -- | -- | -- | -- |
| Asset Impairment Loss | 2.0M | -882,600 | -8,700 | 738,800 | 1.1M | 3.0M | 4.7M | 950,200 | 1.6M | -432,900 |
| Other Income | 32.8M | 35.5M | 17.4M | 11.4M | 9.7M | 12.9M | -- | -- | -- | -- |
| Income Before Tax | 160.0M | 128.0M | 76.7M | 54.8M | 24.1M | 9.1M | 1.1M | 17.8M | 8.0M | 8.5M |
| Income Tax | 16.6M | 14.0M | 5.0M | 4.0M | 2.7M | 785,600 | -300,500 | 1.6M | 1.0M | 2.3M |
| Net Income | 143.0M | 114.0M | 71.7M | 50.8M | 21.4M | 8.3M | 1.4M | 16.2M | 7.0M | 6.3M |
| Net Margin % | 19.4% | 19.4% | 14.8% | 14.7% | 10.7% | 5.6% | 1.2% | 14.8% | 7.9% | 10.3% |
| Net Income Attributable | 143.0M | 114.0M | 71.7M | 50.8M | 21.4M | 8.3M | 1.4M | 16.2M | 7.0M | 6.3M |
| Minority Interest | -1,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.25 | 1.04 | 1.20 | 0.90 | 0.42 | 0.18 | 0.03 | 0.36 | 0.27 | 0.29 |
| Eps Diluted | 1.25 | 1.04 | 1.20 | -- | -- | -- | 0.03 | 0.36 | 0.27 | -- |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 107.0M | 354.0M | 133.0M | 135.0M | 59.6M | 27.5M | 48.4M | 41.7M | 48.0M | 22.6M |
| Trading Financial Assets | 1.6B | 1.7B | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 296.0M | 210.0M | 157.0M | 98.7M | 60.2M | 66.0M | 95.1M | 70.9M | 52.9M | 38.3M |
| Notes Receivable | 25.8M | 22.5M | 20.5M | 10.2M | 10.3M | 9.7M | 2.8M | 3.2M | 1.4M | 500,000 |
| Notes And Accounts Receivable | 322.0M | 232.0M | 177.0M | 109.0M | 70.5M | 75.7M | 97.8M | 74.1M | 54.3M | 38.8M |
| Prepayments | 8.4M | 4.3M | 5.2M | 8.3M | 3.6M | 1.8M | 11.9M | 3.8M | 4.0M | 2.8M |
| Inventory | 255.0M | 195.0M | 161.0M | 86.4M | 39.8M | 26.3M | 50.7M | 40.7M | 24.6M | 19.3M |
| Total Current Assets | 2.3B | 3.3B | 523.0M | 380.0M | 197.0M | 153.0M | 213.0M | 163.0M | 149.0M | 96.6M |
| Fixed Assets | -- | 124.0M | 112.0M | 95.4M | 88.7M | 91.1M | 11.4M | 13.7M | 6.0M | 4.4M |
| Fixed Assets Total | 180.0M | 124.0M | 112.0M | 95.4M | 88.7M | 91.1M | 11.4M | 13.7M | 6.0M | 4.4M |
| Construction In Progress | -- | 61.8M | 241,900 | 282,700 | -- | -- | 25.7M | 8.6M | 1.2M | 412,600 |
| Construction In Progress Total | 245.0M | 61.8M | 241,900 | 282,700 | -- | -- | 25.7M | 8.6M | 1.2M | 412,600 |
| Intangible Assets | 78.6M | 49.8M | 50.9M | 18.9M | 18.4M | 18.9M | 27.0M | 27.3M | 22.8M | 23.4M |
| Long Term Deferred Expenses | 23.5M | 22.1M | 23.0M | 15.0M | 6.2M | 6.2M | 1.7M | 2.4M | 2.3M | 2.5M |
| Total Non Current Assets | 1.3B | 307.0M | 214.0M | 162.0M | 135.0M | 135.0M | 70.6M | 66.2M | 47.0M | 31.0M |
| Total Assets | 3.6B | 3.6B | 738.0M | 541.0M | 332.0M | 289.0M | 283.0M | 229.0M | 196.0M | 128.0M |
| Short Term Borrowings | -- | -- | -- | -- | 28.0M | 79.0M | 57.0M | 28.0M | 22.5M | 31.2M |
| Accounts Payable | 147.0M | 76.9M | 99.3M | 44.5M | 33.7M | 54.9M | 31.5M | 27.5M | 14.6M | 12.6M |
| Advance Receipts | 404,900 | 40,900 | 2.8M | 2.2M | 2.0M | 12.0M | 6.0M | 4.3M | 3.2M | 3.0M |
| Contract Liabilities | 59.7M | 52.7M | 67.9M | 55.0M | 13.2M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 384.0M | 291.0M | 290.0M | 169.0M | 121.0M | 183.0M | 116.0M | 68.1M | 55.3M | 58.4M |
| Total Non Current Liabilities | 24.7M | 16.2M | 13.9M | 13.8M | 4.8M | 5.1M | 8.0M | 10.4M | 6.0M | -- |
| Total Liabilities | 409.0M | 307.0M | 304.0M | 183.0M | 126.0M | 188.0M | 124.0M | 78.4M | 61.3M | 58.4M |
| Paid In Capital | 115.0M | 79.4M | 59.6M | 59.6M | 53.5M | 46.8M | 46.0M | 45.0M | 29.1M | 24.2M |
| Capital Reserve | 3.0B | 3.0B | 304.0M | 300.0M | 205.0M | 127.0M | 93.8M | 85.4M | 91.6M | 36.4M |
| Surplus Reserve | 34.7M | 22.2M | 11.2M | 6.4M | 4.9M | 3.6M | 1.5M | 1.0M | 3.0M | 2.6M |
| Retained Earnings | 184.0M | 139.0M | 59.1M | -7.8M | -57.1M | -77.2M | 18.6M | 18.9M | 10.6M | 5.9M |
| Minority Equity | -1,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 3.2B | 3.3B | 434.0M | 358.0M | 206.0M | 100.0M | 160.0M | 150.0M | 134.0M | 69.1M |
| Total Equity | 3.2B | 3.3B | 434.0M | 358.0M | 206.0M | 100.0M | 160.0M | 150.0M | 134.0M | 69.1M |
| 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 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 651.0M | 451.0M | 372.0M | 302.0M | 173.0M | 95.6M | 101.0M | 91.4M | 86.0M | 61.7M |
| Tax Refunds Received | 17.3M | 14.2M | 10.5M | 8.7M | 4.4M | 3.7M | 1.9M | 3.8M | 3.6M | 2.0M |
| Total Operating Cash Inflow | 715.0M | 517.0M | 396.0M | 322.0M | 196.0M | 115.0M | 114.0M | 125.0M | 97.1M | 65.3M |
| Cash Paid For Goods | 409.0M | 276.0M | 165.0M | 169.0M | 92.2M | 37.5M | 80.3M | 62.7M | 54.0M | 37.7M |
| Cash Paid To Employees | 171.0M | 131.0M | 100.0M | 64.1M | 35.5M | 30.9M | 22.5M | 20.1M | 19.2M | 14.2M |
| Taxes Paid | 39.6M | 32.1M | 20.1M | 18.8M | 10.5M | 8.3M | 4.9M | 8.5M | 7.9M | 6.0M |
| Total Operating Cash Outflow | 684.0M | 509.0M | 341.0M | 287.0M | 165.0M | 105.0M | 133.0M | 114.0M | 98.1M | 73.9M |
| Operating Cash Flow | 31.4M | 8.3M | 54.7M | 35.1M | 31.7M | 10.3M | -19.1M | 10.9M | -977,300 | -8.7M |
| Total Investing Cash Inflow | 6.5B | 2.6B | 566.0M | 340.0M | 215.0M | 4.7M | 20.8M | 23.5M | 167,800 | 160,000 |
| Total Investing Cash Outflow | 6.6B | 5.0B | 637.0M | 370.0M | 243.0M | 22.0M | 30.4M | 44.9M | 17.3M | 26.5M |
| Investing Cash Flow | -81.9M | -2.5B | -71.7M | -29.7M | -28.2M | -17.3M | -9.6M | -21.4M | -17.2M | -26.3M |
| Cash From Borrowings | -- | -- | -- | -- | 47.0M | 125.0M | 57.0M | 28.0M | 28.5M | 37.0M |
| Dividends And Interest Paid | 85.0M | 23.8M | -- | 325,600 | 2.9M | 4.0M | 2.9M | 1.6M | 4.2M | 9.1M |
| Debt Repayments | -- | -- | -- | 28.0M | 97.9M | 113.0M | 28.0M | 22.5M | 40.7M | 22.1M |
| Total Financing Cash Inflow | 721,900 | 2.8B | 4.0M | 104.0M | 131.0M | 183.0M | 74.0M | 33.1M | 88.5M | 77.0M |
| Total Financing Cash Outflow | 192.0M | 76.5M | 8.6M | 34.3M | 106.0M | 164.0M | 38.4M | 32.0M | 51.0M | 32.2M |
| Financing Cash Flow | -191.0M | 2.7B | -4.6M | 69.3M | 24.5M | 19.0M | 35.5M | 1.0M | 37.5M | 44.8M |
| Net Change In Cash | -240.0M | 238.0M | -22.2M | 74.8M | 28.2M | 12.0M | 6.7M | -9.2M | 19.4M | 9.9M |
| Ending Cash Balance | 93.2M | 333.0M | 95.4M | 118.0M | 42.8M | 14.6M | 38.4M | 31.7M | 40.9M | 21.5M |
| Capex | 225.0M | 121.0M | 72.7M | 30.8M | 36.6M | 9.2M | 20.4M | 22.9M | 7.3M | 26.5M |