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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 541.0M | 202.0M | 190.0M | 243.0M | 237.0M | 201.0M | 162.0M | 114.0M | 72.1M | 56.7M | 44.7M | 103.0M |
| Revenue Growth % | 167.8% | 6.3% | -21.8% | 2.5% | 17.9% | 24.1% | 42.1% | 58.2% | 27.2% | 26.8% | -56.6% | -- |
| Total Revenue | 541.0M | 202.0M | 190.0M | 243.0M | 237.0M | 201.0M | 162.0M | 114.0M | 72.1M | 56.7M | 44.7M | 103.0M |
| Cost Of Revenue | 376.0M | 83.2M | 80.7M | 68.5M | 74.6M | 53.8M | 47.3M | 28.4M | 15.5M | 28.8M | 16.0M | 42.5M |
| Gross Profit | 165.0M | 118.8M | 109.3M | 174.5M | 162.4M | 147.2M | 114.7M | 85.6M | 56.6M | 27.8M | 28.7M | 60.5M |
| Gross Margin % | 30.5% | 58.8% | 57.5% | 71.8% | 68.5% | 73.2% | 70.8% | 75.1% | 78.5% | 49.1% | 64.2% | 58.7% |
| Total Operating Cost | 469.0M | 161.0M | 150.0M | 138.0M | 127.0M | 106.0M | 90.2M | 63.4M | 47.1M | 51.1M | 38.2M | 68.8M |
| Selling Expenses | 24.7M | 23.0M | 22.5M | 20.9M | 15.3M | 16.1M | 13.8M | 8.9M | 9.8M | 7.9M | 9.2M | 9.5M |
| Admin Expenses | 18.2M | 17.7M | 19.4M | 20.5M | 13.8M | 15.9M | 11.2M | 16.4M | 17.0M | 13.3M | 14.8M | 13.6M |
| Rd Expenses | 43.2M | 40.5M | 27.7M | 25.5M | 21.6M | 17.6M | 13.1M | 7.6M | -- | -- | -- | -- |
| Finance Expenses | -1.4M | -10.9M | -7.7M | -6.4M | -130,700 | -85,100 | -2,100 | -12,900 | -2,100 | -329,100 | -780,000 | -391,300 |
| Operating Income | 80.9M | 51.9M | 65.8M | 116.0M | 124.0M | 105.0M | 81.0M | 51.8M | 25.2M | 6.0M | 7.0M | 34.6M |
| Operating Margin % | 15.0% | 25.7% | 34.6% | 47.7% | 52.3% | 52.2% | 50.0% | 45.4% | 35.0% | 10.7% | 15.7% | 33.6% |
| Non Operating Income | -- | -- | -- | -- | -- | -- | 4,200 | -- | 1.5M | 1.8M | 5.1M | 3.5M |
| Non Operating Expenses | 1.2M | 222,000 | 20,000 | 20,000 | 743,200 | 20,000 | 9,400 | 17,300 | 35,200 | 82,000 | 107,600 | 130,300 |
| Investment Income | 3.5M | 3.5M | 13.5M | 4.1M | 4.8M | 2.9M | 2.1M | 849,000 | 271,900 | 468,100 | 529,400 | 715,500 |
| Asset Disposal Income | -- | 26,300 | -31,900 | 9,700 | -- | -33,700 | -36,800 | -16,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 5.5M | 4.2M | 682,500 | 227,500 | 349,100 | 262,000 | 1.4M | 3,300 | 3.5M | 792,500 | -1.3M | 2.5M |
| Other Income | 5.5M | 7.9M | 12.3M | 7.1M | 9.4M | 7.4M | 6.9M | 826,000 | -- | -- | -- | -- |
| Income Before Tax | 79.7M | 51.6M | 65.8M | 116.0M | 123.0M | 105.0M | 81.0M | 51.8M | 26.7M | 7.8M | 12.0M | 38.0M |
| Income Tax | 7.6M | 4.4M | 8.8M | 15.6M | 17.3M | 15.2M | 11.7M | 7.7M | 4.4M | 1.4M | 1.5M | 5.4M |
| Net Income | 72.2M | 47.3M | 57.0M | 101.0M | 106.0M | 89.5M | 69.3M | 44.1M | 22.3M | 6.3M | 10.4M | 32.7M |
| Net Margin % | 13.3% | 23.4% | 30.0% | 41.6% | 44.7% | 44.5% | 42.8% | 38.7% | 30.9% | 11.2% | 23.3% | 31.7% |
| Net Income Attributable | 73.0M | 47.2M | 57.0M | 101.0M | 106.0M | 89.5M | 69.3M | 44.1M | 22.3M | 6.3M | 10.4M | 32.7M |
| Minority Interest | -883,100 | 58,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.67 | 0.43 | 0.73 | 1.96 | 2.52 | 2.13 | 1.65 | 1.12 | 0.74 | 0.21 | 0.33 | 1.40 |
| Eps Diluted | 0.67 | 0.43 | 0.73 | 1.96 | 2.52 | 2.13 | 1.65 | 1.12 | 0.74 | 0.21 | -- | 1.40 |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 265.0M | 286.0M | 346.0M | 243.0M | 257.0M | 190.0M | 159.0M | 44.2M | 42.4M | 23.5M | 30.5M | 22.6M |
| Trading Financial Assets | -- | -- | 2.0M | 200.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 184.0M | 127.0M | 155.0M | 141.0M | 49.0M | 42.0M | 50.4M | 44.8M | 43.8M | 28.7M | 23.5M | 46.5M |
| Notes Receivable | 642,400 | 5.0M | 1.0M | 4.7M | 4.0M | 15.5M | 3.4M | 9.6M | 2.1M | -- | 538,400 | -- |
| Notes And Accounts Receivable | 185.0M | 132.0M | 156.0M | 146.0M | 53.0M | 57.5M | 53.8M | 54.4M | 46.0M | 28.7M | 24.1M | 46.5M |
| Prepayments | 2.8M | 5.8M | 3.7M | 2.7M | 3.5M | 4.4M | 4.2M | 1.6M | 242,600 | 4.4M | 3.8M | 7.5M |
| Inventory | 65.3M | 64.4M | 59.1M | 51.5M | 46.4M | 45.8M | 26.1M | 17.8M | 14.0M | 12.7M | 17.3M | 15.4M |
| Total Current Assets | 543.0M | 683.0M | 570.0M | 647.0M | 364.0M | 299.0M | 254.0M | 128.0M | 103.0M | 73.0M | 90.5M | 130.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 3.0M |
| Fixed Assets | -- | 43.0M | 36.7M | 37.5M | 34.7M | 35.6M | 34.5M | 35.6M | 3.6M | 2.7M | 3.8M | 4.8M |
| Fixed Assets Total | 38.6M | 43.0M | 36.7M | 37.5M | 34.7M | 35.6M | 34.5M | 35.6M | 3.6M | 2.7M | 3.8M | 4.8M |
| Construction In Progress | -- | 103.0M | 64.7M | 27.8M | -- | -- | 6.2M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 466.0M | 103.0M | 64.7M | 27.8M | -- | -- | 6.2M | -- | -- | -- | -- | -- |
| Intangible Assets | 88.3M | 90.3M | 18.5M | 18.4M | 18.5M | 207,200 | 272,100 | 179,100 | -- | -- | -- | -- |
| Long Term Deferred Expenses | -- | -- | 124,600 | 1.5M | 4.7M | 7.3M | -- | -- | -- | 117,200 | 302,000 | 486,800 |
| Total Non Current Assets | 603.0M | 256.0M | 307.0M | 267.0M | 62.8M | 47.7M | 43.7M | 37.4M | 4.3M | 3.6M | 5.1M | 9.6M |
| Total Assets | 1.1B | 940.0M | 878.0M | 915.0M | 427.0M | 347.0M | 298.0M | 165.0M | 108.0M | 76.5M | 95.6M | 140.0M |
| Short Term Borrowings | 35.0M | 24.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 151.0M | 28.6M | 19.5M | 25.2M | 22.7M | 23.4M | 20.3M | 13.1M | 17.3M | 15.4M | 16.4M | 24.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 52.5M | 52.1M | 9.4M | 10.4M | 10.8M | 10.6M | 16.6M |
| Contract Liabilities | 21.3M | 13.7M | 4.1M | 4.3M | 13.3M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 234.0M | 90.8M | 59.6M | 72.9M | 76.8M | 104.0M | 146.0M | 38.5M | 38.2M | 29.4M | 54.8M | 49.9M |
| Long Term Borrowings | 1.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 10.6M | 5.5M | 3.2M | 4.3M | 4.7M | 3.2M | 1.3M | 774,900 | -- | -- | -- | -- |
| Total Liabilities | 244.0M | 96.3M | 62.7M | 77.2M | 81.5M | 107.0M | 148.0M | 39.3M | 38.2M | 29.4M | 54.8M | 49.9M |
| Paid In Capital | 110.0M | 78.3M | 55.9M | 55.9M | 41.9M | 41.9M | 41.9M | 41.9M | 30.0M | 30.0M | 25.0M | 25.6M |
| Capital Reserve | 341.0M | 377.0M | 399.0M | 394.0M | 17.1M | 17.1M | 17.1M | 17.1M | 8.8M | 8.8M | 772.50 | 772.50 |
| Surplus Reserve | 49.3M | 39.1M | 30.9M | 30.9M | 24.6M | 17.6M | 11.2M | 5.6M | 2.4M | 255,000 | 3.9M | 6.5M |
| Retained Earnings | 392.0M | 349.0M | 329.0M | 356.0M | 262.0M | 163.0M | 80.1M | 61.4M | 28.1M | 8.0M | 11.8M | 58.1M |
| Minority Equity | 9.2M | 58,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 892.0M | 843.0M | 815.0M | 837.0M | 346.0M | 240.0M | 150.0M | 126.0M | 69.4M | 47.1M | 40.8M | 90.2M |
| Total Equity | 901.0M | 843.0M | 815.0M | 837.0M | 346.0M | 240.0M | 150.0M | 126.0M | 69.4M | 47.1M | 40.8M | 90.2M |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 457.0M | 260.0M | 194.0M | 164.0M | 220.0M | 221.0M | 235.0M | 127.0M | 63.7M | 52.7M | 69.7M | 105.0M |
| Tax Refunds Received | 1.7M | 3.5M | 7.6M | 3.9M | 4.3M | 5.1M | 2.3M | 303,600 | 145,700 | 189,400 | 1.5M | -- |
| Total Operating Cash Inflow | 466.0M | 272.0M | 211.0M | 173.0M | 232.0M | 234.0M | 243.0M | 128.0M | 65.3M | 54.7M | 74.5M | 110.0M |
| Cash Paid For Goods | 234.0M | 80.2M | 84.0M | 68.6M | 65.3M | 70.4M | 49.5M | 36.0M | 14.8M | 18.9M | 25.1M | 45.2M |
| Cash Paid To Employees | 58.4M | 52.1M | 47.9M | 42.6M | 35.1M | 27.7M | 25.2M | 17.6M | 11.2M | 9.3M | 9.0M | 7.9M |
| Taxes Paid | 20.9M | 30.1M | 27.4M | 33.7M | 23.6M | 44.4M | 26.8M | 28.3M | 6.4M | 5.6M | 9.2M | 15.4M |
| Total Operating Cash Outflow | 359.0M | 199.0M | 190.0M | 175.0M | 146.0M | 167.0M | 121.0M | 96.0M | 45.8M | 47.1M | 63.8M | 83.2M |
| Operating Cash Flow | 107.0M | 72.4M | 20.3M | -2.4M | 85.5M | 67.1M | 122.0M | 32.1M | 19.5M | 7.7M | 10.7M | 26.6M |
| Total Investing Cash Inflow | 1.1B | 798.0M | 1.2B | 551.0M | 984.0M | 470.0M | 109.0M | 75.4M | 54.5M | 71.7M | 121.0M | 1.7M |
| Total Investing Cash Outflow | 1.2B | 934.0M | 1.0B | 954.0M | 1.0B | 461.0M | 117.0M | 118.0M | 55.1M | 61.5M | 121.0M | 36.7M |
| Investing Cash Flow | -130.0M | -136.0M | 167.0M | -403.0M | -18.3M | 8.9M | -7.4M | -42.3M | -609,600 | 10.2M | -18,900 | -35.0M |
| Cash From Borrowings | 43.0M | 24.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 20.2M | 19.6M | 83.8M | -- | -- | 45.0M | -- | -- | -- | 25.0M | -- | -- |
| Debt Repayments | 31.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 53.0M | 24.0M | -- | 419.0M | -- | -- | -- | 11.9M | -- | -- | 24.4M | 14.2M |
| Total Financing Cash Outflow | 51.9M | 20.4M | 84.6M | 27.9M | -- | 45.0M | -- | -- | 0.00 | 25.0M | 27.4M | -- |
| Financing Cash Flow | 1.1M | 3.6M | -84.6M | 391.0M | -- | -45.0M | -- | 11.9M | 0.00 | -25.0M | -3.0M | 14.2M |
| Net Change In Cash | -21.6M | -59.7M | 103.0M | -14.4M | 67.1M | 31.0M | 114.0M | 1.8M | 18.9M | -6.9M | 7.8M | 5.7M |
| Ending Cash Balance | 264.0M | 285.0M | 345.0M | 242.0M | 257.0M | 189.0M | 158.0M | 44.1M | 42.3M | 23.4M | 30.4M | 22.6M |
| Capex | 324.0M | 144.0M | 44.6M | 37.0M | 19.7M | 4.0M | 7.7M | 35.0M | 2.1M | -- | 349,100 | 1.7M |