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 | 940.0M | 562.0M | 622.0M | 391.0M | 459.0M | 534.0M | 428.0M | 619.0M | 583.0M | 543.0M | 459.0M |
| Revenue Growth % | 67.3% | -9.6% | 59.1% | -14.8% | -14.0% | 24.8% | -30.9% | 6.2% | 7.4% | 18.3% | -- |
| Total Revenue | 940.0M | 562.0M | 622.0M | 391.0M | 459.0M | 534.0M | 428.0M | 619.0M | 583.0M | 543.0M | 459.0M |
| Cost Of Revenue | 603.0M | 361.0M | 386.0M | 234.0M | 292.0M | 362.0M | 291.0M | 453.0M | 418.0M | 389.0M | 331.0M |
| Gross Profit | 337.0M | 201.0M | 236.0M | 157.0M | 167.0M | 172.0M | 137.0M | 166.0M | 165.0M | 154.0M | 128.0M |
| Gross Margin % | 35.9% | 35.8% | 37.9% | 40.2% | 36.4% | 32.2% | 32.0% | 26.8% | 28.3% | 28.4% | 27.9% |
| Total Operating Cost | 844.0M | 533.0M | 545.0M | 361.0M | 401.0M | 479.0M | 395.0M | 568.0M | 545.0M | 507.0M | 433.0M |
| Selling Expenses | 56.5M | 45.7M | 44.4M | 39.0M | 36.6M | 48.4M | 42.1M | 47.4M | 48.0M | 44.2M | 36.7M |
| Admin Expenses | 79.1M | 63.4M | 58.7M | 38.2M | 33.4M | 31.3M | 32.5M | 37.3M | 58.5M | 53.9M | 47.8M |
| Rd Expenses | 80.1M | 57.7M | 49.4M | 42.4M | 35.5M | 40.1M | 25.9M | 25.7M | -- | -- | -- |
| Finance Expenses | 11.8M | 2.6M | 973,000 | 2.6M | -3.7M | -2.1M | -1.7M | 5.0M | 6.9M | 6.1M | 8.2M |
| Operating Income | 111.0M | 40.2M | 85.4M | 40.4M | 67.6M | 61.3M | 34.3M | 61.3M | 37.8M | 35.2M | 26.2M |
| Operating Margin % | 11.8% | 7.2% | 13.7% | 10.3% | 14.7% | 11.5% | 8.0% | 9.9% | 6.5% | 6.5% | 5.7% |
| Non Operating Income | 8.6M | -- | 6.7M | -- | 1.8M | 14,000 | 22,900 | 450,400 | 4.0M | 1.7M | 3.2M |
| Non Operating Expenses | 383,900 | 3.2M | 50,000 | 1.0M | 119,400 | 123,300 | 205,400 | -- | 58,500 | 214,200 | -- |
| Investment Income | 3.6M | 1.1M | 3.4M | 3.2M | -- | -- | -- | 8.3M | -1.1M | -- | 252,900 |
| Fair Value Change Income | 1.0M | 1.6M | -193,800 | 1.2M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -26,000 | 410,300 | 13,700 | 42,700 | -- | -- | -- | -4,600 | -- | -- | -- |
| Asset Impairment Loss | -731,100 | -3.5M | 404,600 | 2.7M | 1.8M | 1.1M | 1.9M | -3.8M | 10.4M | 9.7M | 7.1M |
| Other Income | 10.5M | 8.6M | 5.0M | 5.5M | 9.9M | 6.8M | 1.4M | 2.4M | -- | -- | -- |
| Income Before Tax | 119.0M | 37.0M | 92.1M | 39.3M | 69.3M | 61.2M | 34.2M | 61.7M | 41.7M | 36.7M | 29.4M |
| Income Tax | 7.3M | -70,000 | 12.9M | 3.0M | 6.9M | 5.7M | 3.0M | 2.8M | 5.2M | 6.3M | 5.5M |
| Net Income | 112.0M | 37.1M | 79.3M | 36.3M | 62.4M | 55.5M | 31.2M | 58.9M | 36.5M | 30.4M | 23.8M |
| Net Margin % | 11.9% | 6.6% | 12.7% | 9.3% | 13.6% | 10.4% | 7.3% | 9.5% | 6.3% | 5.6% | 5.2% |
| Net Income Attributable | 111.0M | 37.6M | 79.3M | 36.3M | 62.4M | 55.5M | 31.2M | 58.9M | 36.5M | 30.4M | 23.8M |
| Minority Interest | 704,500 | -529,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.49 | 0.17 | 0.45 | 0.24 | 0.48 | 0.44 | 0.25 | 0.47 | 0.29 | 0.35 | -- |
| Eps Diluted | 0.46 | 0.18 | 0.45 | 0.24 | 0.48 | 0.44 | 0.25 | 0.47 | 0.29 | 0.35 | -- |
| 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 | 504.0M | 841.0M | 454.0M | 322.0M | 262.0M | 297.0M | 190.0M | 259.0M | 89.0M | 187.0M | 55.6M |
| Trading Financial Assets | 239.0M | -- | 91.8M | 169.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 313.0M | 209.0M | 278.0M | 205.0M | 232.0M | 228.0M | 281.0M | 297.0M | 370.0M | 325.0M | 232.0M |
| Notes Receivable | 13.4M | 12.6M | 27.0M | 6.4M | 10.6M | 6.8M | 23.5M | 23.6M | 17.2M | 1.0M | 4.0M |
| Notes And Accounts Receivable | 326.0M | 222.0M | 305.0M | 212.0M | 243.0M | 235.0M | 305.0M | 321.0M | 387.0M | 326.0M | 236.0M |
| Prepayments | 6.9M | 8.1M | 4.5M | 19.8M | 4.2M | 41.4M | 2.5M | 2.4M | 3.7M | 4.2M | 6.5M |
| Inventory | 112.0M | 65.1M | 58.9M | 42.5M | 40.0M | 73.2M | 55.7M | 91.0M | 86.5M | 91.1M | 104.0M |
| Total Current Assets | 1.3B | 1.2B | 972.0M | 819.0M | 586.0M | 675.0M | 576.0M | 701.0M | 583.0M | 630.0M | 452.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | 61.1M | -- | -- |
| Fixed Assets | -- | 241.0M | 191.0M | 193.0M | 193.0M | 33.4M | 34.9M | 36.8M | 36.5M | 9.4M | 6.6M |
| Fixed Assets Total | 281.0M | 241.0M | 191.0M | 193.0M | 193.0M | 33.4M | 34.9M | 36.8M | 36.5M | 9.4M | 6.6M |
| Construction In Progress | -- | 20.9M | 51.5M | -- | -- | 79.7M | 6.0M | 6.0M | 3.4M | -- | -- |
| Construction In Progress Total | 986,700 | 20.9M | 51.5M | -- | -- | 79.7M | 6.0M | 6.0M | 3.4M | -- | -- |
| Intangible Assets | 22.9M | 23.0M | 23.6M | 24.3M | 24.6M | 24.4M | 810,500 | 981,200 | 1.1M | 1.1M | 914,600 |
| Long Term Deferred Expenses | 33.6M | 33.4M | 494,000 | 532,800 | 297,200 | -- | 3.1M | 5.4M | 7.1M | 689,400 | 2.5M |
| Total Non Current Assets | 569.0M | 583.0M | 447.0M | 311.0M | 299.0M | 144.0M | 50.8M | 54.8M | 116.0M | 23.6M | 13.2M |
| Total Assets | 1.8B | 1.8B | 1.4B | 1.1B | 885.0M | 820.0M | 627.0M | 756.0M | 699.0M | 653.0M | 465.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | -- | 60.0M | 90.0M | 95.0M | 85.0M |
| Accounts Payable | 292.0M | 215.0M | 232.0M | 160.0M | 170.0M | 134.0M | 142.0M | 199.0M | 182.0M | 147.0M | 131.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 45.1M | 24.9M | 39.2M | 23.2M | 23.1M | 58.9M |
| Contract Liabilities | 78.0M | 32.0M | 31.2M | 19.5M | 39.0M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 529.0M | 346.0M | 408.0M | 260.0M | 251.0M | 327.0M | 202.0M | 363.0M | 358.0M | 371.0M | 336.0M |
| Long Term Borrowings | -- | -- | 60.0M | 80.0M | 84.2M | 35.7M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 439.0M | 445.0M | 144.0M | 88.5M | 84.2M | 35.7M | 2.9M | 1.7M | 2.1M | -- | -- |
| Total Liabilities | 967.0M | 791.0M | 553.0M | 348.0M | 335.0M | 363.0M | 205.0M | 365.0M | 360.0M | 371.0M | 336.0M |
| Paid In Capital | 247.0M | 247.0M | 176.0M | 176.0M | 132.0M | 126.0M | 126.0M | 126.0M | 126.0M | 122.0M | 55.8M |
| Capital Reserve | 308.0M | 311.0M | 379.0M | 373.0M | 189.0M | 146.0M | 146.0M | 146.0M | 146.0M | 129.0M | 26.0M |
| Surplus Reserve | 38.6M | 35.0M | 32.9M | 29.2M | 27.4M | 20.6M | 15.0M | 11.9M | 6.7M | 3.0M | 12.7M |
| Retained Earnings | 368.0M | 272.0M | 260.0M | 195.0M | 201.0M | 165.0M | 135.0M | 107.0M | 60.2M | 27.4M | 35.3M |
| Minority Equity | 7.0M | 6.3M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 865.0M | 992.0M | 866.0M | 783.0M | 550.0M | 457.0M | 422.0M | 391.0M | 339.0M | 282.0M | 130.0M |
| Total Equity | 872.0M | 998.0M | 866.0M | 783.0M | 550.0M | 457.0M | 422.0M | 391.0M | 339.0M | 282.0M | 130.0M |
| 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 | 883.0M | 696.0M | 532.0M | 399.0M | 424.0M | 660.0M | 439.0M | 744.0M | 553.0M | 436.0M | 416.0M |
| Tax Refunds Received | -- | 5.9M | 5.0M | 5.2M | 8.5M | 3.8M | 1.7M | 5.7M | 2.9M | 359,100 | 598,600 |
| Total Operating Cash Inflow | 1.1B | 719.0M | 562.0M | 421.0M | 457.0M | 694.0M | 468.0M | 779.0M | 578.0M | 456.0M | 434.0M |
| Cash Paid For Goods | 384.0M | 298.0M | 240.0M | 161.0M | 253.0M | 309.0M | 288.0M | 434.0M | 403.0M | 269.0M | 304.0M |
| Cash Paid To Employees | 237.0M | 179.0M | 114.0M | 104.0M | 84.8M | 79.5M | 85.9M | 80.8M | 80.6M | 69.2M | 55.1M |
| Taxes Paid | 55.9M | 54.3M | 22.3M | 21.3M | 25.0M | 40.7M | 34.9M | 38.8M | 36.3M | 45.1M | 28.6M |
| Total Operating Cash Outflow | 993.0M | 616.0M | 430.0M | 353.0M | 420.0M | 499.0M | 475.0M | 629.0M | 587.0M | 449.0M | 443.0M |
| Operating Cash Flow | 141.0M | 103.0M | 132.0M | 68.0M | 36.7M | 195.0M | -7.0M | 150.0M | -9.0M | 6.5M | -8.8M |
| Total Investing Cash Inflow | 469.0M | 227.0M | 554.0M | 732.0M | 6.2M | 3,000 | -- | 89.5M | 241.0M | 53.6M | 29.3M |
| Total Investing Cash Outflow | 752.0M | 222.0M | 519.0M | 926.0M | 115.0M | 102.0M | 2.4M | 27.0M | 297.0M | 68.1M | 33.3M |
| Investing Cash Flow | -283.0M | 5.3M | 34.8M | -194.0M | -109.0M | -102.0M | -2.4M | 62.5M | -55.6M | -14.5M | -4.0M |
| Cash From Borrowings | -- | -- | -- | -- | 48.5M | 35.7M | -- | 130.0M | 120.0M | 125.0M | 121.0M |
| Dividends And Interest Paid | 13.5M | 24.5M | 15.0M | 43.5M | 23.6M | 20.3M | 504,600 | 5.7M | 5.6M | 10.3M | 6.5M |
| Debt Repayments | -- | 80.0M | 4.2M | -- | -- | -- | 60.0M | 160.0M | 125.0M | 135.0M | 136.0M |
| Total Financing Cash Inflow | -- | 417.0M | -- | 241.0M | 98.7M | 35.7M | 6.6M | 156.0M | 165.0M | 252.0M | 159.0M |
| Total Financing Cash Outflow | 210.0M | 134.0M | 34.4M | 61.5M | 30.2M | 53.7M | 60.5M | 173.0M | 133.0M | 204.0M | 154.0M |
| Financing Cash Flow | -210.0M | 283.0M | -34.4M | 180.0M | 68.5M | -18.0M | -53.9M | -16.9M | 31.8M | 47.4M | 5.0M |
| Net Change In Cash | -352.0M | 391.0M | 132.0M | 54.1M | -3.3M | 74.7M | -63.3M | 195.0M | -32.8M | 39.4M | -7.9M |
| Ending Cash Balance | 481.0M | 834.0M | 442.0M | 310.0M | 256.0M | 259.0M | 185.0M | 248.0M | 52.6M | 85.3M | 45.9M |
| Capex | 48.9M | 89.5M | 45.8M | 28.9M | 64.8M | 102.0M | 2.4M | 7.0M | 34.4M | 8.7M | 581,600 |