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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 357.0M | 439.0M | 336.0M | 254.0M | 209.0M | 172.0M | 147.0M | 113.0M |
| Revenue Growth % | -18.7% | 30.7% | 32.3% | 21.5% | 21.5% | 17.0% | 30.1% | -- |
| Total Revenue | 357.0M | 439.0M | 336.0M | 254.0M | 209.0M | 172.0M | 147.0M | 113.0M |
| Cost Of Revenue | 141.0M | 189.0M | 140.0M | 101.0M | 73.5M | 57.8M | 51.0M | 37.3M |
| Gross Profit | 216.0M | 250.0M | 196.0M | 153.0M | 135.5M | 114.2M | 96.0M | 75.7M |
| Gross Margin % | 60.5% | 56.9% | 58.3% | 60.2% | 64.8% | 66.4% | 65.3% | 67.0% |
| Total Operating Cost | 356.0M | 351.0M | 271.0M | 216.0M | 156.0M | 126.0M | 106.0M | 88.4M |
| Selling Expenses | 62.4M | 56.1M | 46.3M | 43.0M | 31.1M | 29.1M | 26.5M | 19.1M |
| Admin Expenses | 48.0M | 31.4M | 18.9M | 12.1M | 7.5M | 5.7M | 4.4M | 12.4M |
| Rd Expenses | 73.5M | 61.5M | 57.7M | 53.6M | 36.8M | 27.9M | 20.3M | 16.4M |
| Finance Expenses | 1.6M | 1.3M | 937,600 | 281,000 | 749,000 | -287,700 | -778,300 | 10,700 |
| Operating Income | 31.9M | 122.0M | 103.0M | 64.4M | 69.1M | 62.5M | 56.1M | 32.1M |
| Operating Margin % | 8.9% | 27.8% | 30.7% | 25.3% | 33.1% | 36.3% | 38.2% | 28.4% |
| Non Operating Income | 13,500 | 247,400 | 172,700 | 62,700 | 60,800 | 35,600 | 24,200 | 400.00 |
| Non Operating Expenses | 153,800 | 81,800 | 534,400 | 30,000 | 9,300 | 31,400 | 24,400 | 140,600 |
| Investment Income | 14.0M | 5.6M | 13.5M | 13.6M | 2.4M | 2.2M | 2.0M | 2.0M |
| Fair Value Change Income | -2.4M | 2.0M | 809,500 | 373,000 | -- | -- | -- | -- |
| Asset Disposal Income | 300.00 | 600.00 | -- | -19,100 | -- | -- | -- | -- |
| Asset Impairment Loss | 22.8M | 3.0M | 4.2M | 2.2M | 2.4M | 1.7M | 3.3M | 1.5M |
| Other Income | 19.3M | 26.4M | 23.8M | 12.7M | 13.1M | 13.4M | 13.6M | 6.0M |
| Income Before Tax | 31.8M | 123.0M | 102.0M | 64.4M | 69.2M | 62.5M | 56.1M | 32.0M |
| Income Tax | -1.1M | 13.8M | 6.7M | 4.1M | 4.7M | 4.5M | 4.7M | 4.4M |
| Net Income | 32.8M | 109.0M | 95.5M | 60.3M | 64.4M | 58.0M | 51.4M | 27.5M |
| Net Margin % | 9.2% | 24.8% | 28.4% | 23.7% | 30.8% | 33.7% | 35.0% | 24.4% |
| Net Income Attributable | 32.8M | 109.0M | 96.1M | 60.4M | 64.4M | 58.0M | 51.4M | 27.5M |
| Minority Interest | -- | -536,300 | -638,600 | -134,800 | -- | -- | -- | -- |
| Eps Basic | 0.30 | 0.98 | 1.29 | 1.20 | 1.70 | 1.58 | 1.43 | 2.75 |
| Eps Diluted | 0.30 | 0.98 | 1.29 | 1.20 | 1.70 | 1.58 | 1.43 | 2.75 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 297.0M | 136.0M | 212.0M | 250.0M | 447.0M | 126.0M | 31.1M | 70.7M |
| Trading Financial Assets | 60.7M | 338.0M | 261.0M | 243.0M | 100.0M | -- | 20.0M | -- |
| Accounts Receivable | 188.0M | 184.0M | 116.0M | 99.0M | 81.4M | 66.8M | 49.7M | 35.2M |
| Notes Receivable | 43.0M | 47.5M | 52.4M | 35.8M | 36.2M | 26.2M | 16.1M | 8.7M |
| Notes And Accounts Receivable | 231.0M | 231.0M | 168.0M | 135.0M | 118.0M | 93.0M | 65.8M | 43.9M |
| Prepayments | 2.1M | 4.4M | 6.3M | 3.7M | 1.8M | 1.7M | 1.9M | 729,600 |
| Inventory | 99.4M | 97.8M | 128.0M | 78.9M | 55.1M | 36.2M | 34.1M | 22.9M |
| Total Current Assets | 736.0M | 842.0M | 802.0M | 725.0M | 732.0M | 263.0M | 155.0M | 139.0M |
| Long Term Equity Investment | 4.4M | 23.5M | 1.4M | 1.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 174.0M | 143.0M | 4.5M | 3.7M | 2.4M | 2.3M | 1.4M |
| Fixed Assets Total | 184.0M | 174.0M | 143.0M | 4.5M | 3.7M | 2.4M | 2.3M | 1.4M |
| Construction In Progress | -- | -- | 737,800 | 103.0M | 1.8M | -- | -- | -- |
| Construction In Progress Total | -- | -- | 737,800 | 103.0M | 1.8M | -- | -- | -- |
| Intangible Assets | 17.0M | 18.6M | 20.8M | 22.8M | 19.1M | 1.1M | 1.0M | 128,900 |
| Long Term Deferred Expenses | 1.7M | 989,300 | 1.0M | 1.3M | 355,700 | 371,900 | 471,100 | -- |
| Total Non Current Assets | 268.0M | 238.0M | 199.0M | 143.0M | 26.7M | 4.8M | 4.5M | 3.1M |
| Total Assets | 1.0B | 1.1B | 1.0B | 869.0M | 759.0M | 268.0M | 159.0M | 142.0M |
| Short Term Borrowings | 21.5M | 91.8M | 76.2M | 46.1M | 12.1M | 3.8M | -- | -- |
| Accounts Payable | 41.2M | 34.4M | 60.7M | 49.9M | 44.9M | 26.6M | 21.9M | 17.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.5M | 4.2M | 4.0M |
| Contract Liabilities | 5.5M | 2.8M | 16.9M | 4.1M | 2.4M | -- | -- | -- |
| Total Current Liabilities | 109.0M | 186.0M | 207.0M | 151.0M | 85.9M | 44.1M | 38.6M | 32.8M |
| Total Non Current Liabilities | 34.1M | 3.8M | 2.8M | 4.5M | -- | -- | -- | -- |
| Total Liabilities | 143.0M | 190.0M | 210.0M | 156.0M | 85.9M | 44.1M | 38.6M | 32.8M |
| Paid In Capital | 110.0M | 75.1M | 50.5M | 50.5M | 50.5M | 37.9M | 36.0M | 36.0M |
| Capital Reserve | 422.0M | 483.0M | 490.0M | 490.0M | 490.0M | 118.0M | 15.3M | 15.3M |
| Surplus Reserve | 41.7M | 37.6M | 30.4M | 22.5M | 17.4M | 10.9M | 12.9M | 7.8M |
| Retained Earnings | 292.0M | 302.0M | 220.0M | 150.0M | 115.0M | 57.1M | 56.3M | 50.1M |
| Minority Equity | -- | -- | -702,400 | -63,800 | -- | -- | -- | -- |
| Equity Attributable | 861.0M | 890.0M | 792.0M | 713.0M | 673.0M | 224.0M | 120.0M | 109.0M |
| Total Equity | 861.0M | 890.0M | 791.0M | 713.0M | 673.0M | 224.0M | 120.0M | 109.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 322.0M | 331.0M | 290.0M | 205.0M | 162.0M | 136.0M | 120.0M | 106.0M |
| Tax Refunds Received | 17.1M | 25.0M | 17.8M | 13.3M | 12.2M | 12.5M | 13.6M | 5.9M |
| Total Operating Cash Inflow | 360.0M | 368.0M | 319.0M | 224.0M | 178.0M | 151.0M | 135.0M | 113.0M |
| Cash Paid For Goods | 80.9M | 131.0M | 128.0M | 69.5M | 42.5M | 37.8M | 40.8M | 26.9M |
| Cash Paid To Employees | 119.0M | 102.0M | 93.1M | 81.1M | 57.1M | 48.3M | 38.2M | 26.5M |
| Taxes Paid | 40.1M | 43.4M | 28.1M | 22.0M | 22.0M | 21.4M | 18.8M | 17.0M |
| Total Operating Cash Outflow | 294.0M | 317.0M | 280.0M | 201.0M | 142.0M | 126.0M | 115.0M | 85.8M |
| Operating Cash Flow | 65.4M | 51.5M | 38.8M | 23.3M | 36.0M | 25.4M | 20.2M | 27.6M |
| Total Investing Cash Inflow | 1.2B | 813.0M | 1.1B | 1.2B | 307.0M | 347.0M | 186.0M | 204.0M |
| Total Investing Cash Outflow | 944.0M | 941.0M | 1.2B | 1.4B | 432.0M | 326.0M | 206.0M | 155.0M |
| Investing Cash Flow | 240.0M | -128.0M | -75.3M | -217.0M | -125.0M | 20.8M | -20.4M | 49.5M |
| Cash From Borrowings | 80.0M | 91.7M | 70.0M | 62.0M | 16.0M | -- | -- | -- |
| Dividends And Interest Paid | 41.6M | 23.1M | 20.6M | 21.3M | 475,000 | -- | 40.0M | 50.0M |
| Debt Repayments | 150.0M | 70.0M | 46.0M | 28.1M | 3.9M | -- | -- | -- |
| Total Financing Cash Inflow | 83.9M | 99.6M | 70.0M | 62.1M | 414.0M | 49.2M | -- | 33.8M |
| Total Financing Cash Outflow | 228.0M | 99.5M | 71.7M | 64.6M | 6.7M | 550,000 | 40.0M | 50.0M |
| Financing Cash Flow | -144.0M | 145,400 | -1.7M | -2.5M | 408.0M | 48.7M | -40.0M | -16.2M |
| Net Change In Cash | 162.0M | -75.5M | -37.6M | -197.0M | 318.0M | 94.9M | -39.6M | 60.8M |
| Ending Cash Balance | 296.0M | 134.0M | 210.0M | 247.0M | 444.0M | 126.0M | 31.1M | 70.7M |
| Capex | 29.7M | 48.8M | 52.8M | 87.2M | 23.9M | 1.5M | 2.4M | 2.1M |