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 | 1.9B | 1.7B | 1.3B | 943.0M | 844.0M | 631.0M | 532.0M | 431.0M | 276.0M | 213.0M | 194.0M | 167.0M |
| Revenue Growth % | 12.8% | 30.5% | 38.2% | 11.7% | 33.8% | 18.6% | 23.4% | 56.2% | 29.6% | 9.8% | 16.2% | -- |
| Total Revenue | 1.9B | 1.7B | 1.3B | 943.0M | 844.0M | 631.0M | 532.0M | 431.0M | 276.0M | 213.0M | 194.0M | 167.0M |
| Cost Of Revenue | 1.5B | 1.2B | 961.0M | 677.0M | 581.0M | 380.0M | 311.0M | 257.0M | 185.0M | 136.0M | 134.0M | 111.0M |
| Gross Profit | 447.0M | 459.0M | 342.0M | 266.0M | 263.0M | 251.0M | 221.0M | 174.0M | 91.0M | 77.0M | 60.0M | 56.0M |
| Gross Margin % | 23.3% | 27.0% | 26.2% | 28.2% | 31.2% | 39.8% | 41.5% | 40.4% | 33.0% | 36.2% | 30.9% | 33.5% |
| Total Operating Cost | 1.8B | 1.6B | 1.2B | 852.0M | 743.0M | 532.0M | 449.0M | 365.0M | 263.0M | 193.0M | 192.0M | 167.0M |
| Selling Expenses | 134.0M | 141.0M | 99.3M | 79.8M | 78.4M | 77.0M | 69.1M | 59.1M | 38.3M | 24.9M | 28.9M | 31.7M |
| Admin Expenses | 57.9M | 80.1M | 59.8M | 47.6M | 37.8M | 32.8M | 33.1M | 20.7M | 31.7M | 25.1M | 23.5M | 19.4M |
| Rd Expenses | 86.4M | 78.1M | 59.5M | 39.3M | 32.2M | 28.0M | 20.7M | 16.2M | -- | -- | -- | -- |
| Finance Expenses | -10.2M | -5.2M | -3.4M | -956,800 | 391,400 | 380,500 | 1.6M | 1.3M | 389,800 | 328,800 | 2.3M | 1.0M |
| Operating Income | 198.0M | 185.0M | 142.0M | 119.0M | 123.0M | 118.0M | 102.0M | 83.8M | 12.9M | 20.7M | 1.7M | -129,100 |
| Operating Margin % | 10.3% | 10.9% | 10.9% | 12.6% | 14.6% | 18.7% | 19.2% | 19.4% | 4.7% | 9.7% | 0.9% | -0.1% |
| Non Operating Income | 537,000 | 157,900 | 69,300 | 12.6M | 263,000 | 3.4M | 172,800 | 78,300 | 9.4M | 8.6M | 16.0M | 8.0M |
| Non Operating Expenses | 2.5M | 607,800 | 200,000 | 561,300 | 791,400 | 333,500 | 77,900 | 227,600 | 1.1M | 72,300 | 123,500 | 485,000 |
| Investment Income | 932,800 | 3.2M | 8.2M | 5.0M | 82,800 | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | 1.1M | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -16,300 | -- | -2,700 | -76,100 | -84,600 | 17,700 | 228,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 3.8M | 1.2M | 3.0M | 733,200 | 476,000 | 693,500 | 7.1M | 4.8M | 4.7M | 4.9M | 2.2M | 3.0M |
| Other Income | 43.0M | 35.4M | 27.2M | 22.3M | 21.8M | 18.0M | 18.9M | 16.8M | -- | -- | -- | -- |
| Income Before Tax | 196.0M | 185.0M | 142.0M | 131.0M | 122.0M | 121.0M | 103.0M | 83.6M | 21.2M | 29.2M | 17.6M | 7.4M |
| Income Tax | 20.9M | 18.5M | 14.2M | 15.4M | 15.8M | 16.1M | 13.9M | 11.4M | 5.8M | -411,100 | 1.9M | -406,400 |
| Net Income | 175.0M | 166.0M | 128.0M | 116.0M | 107.0M | 105.0M | 88.7M | 72.2M | 15.4M | 29.6M | 15.7M | 7.8M |
| Net Margin % | 9.1% | 9.8% | 9.8% | 12.3% | 12.7% | 16.6% | 16.7% | 16.8% | 5.6% | 13.9% | 8.1% | 4.7% |
| Net Income Attributable | 174.0M | 166.0M | 129.0M | 116.0M | 107.0M | 105.0M | 88.7M | 72.2M | 15.4M | 29.6M | 15.7M | 7.8M |
| Minority Interest | 944,600 | 576,900 | -617,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 1.25 | 1.18 | 0.92 | 0.90 | 1.02 | 1.00 | 0.84 | 0.69 | 0.19 | 0.36 | 0.19 | 0.10 |
| Eps Diluted | 1.25 | 1.18 | 0.91 | 0.90 | 1.02 | 1.00 | 0.84 | 0.69 | 0.19 | 0.36 | 0.19 | 0.10 |
| 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 | 861.0M | 692.0M | 415.0M | 298.0M | 199.0M | 131.0M | 73.9M | 73.3M | 31.2M | 28.5M | 45.9M | 15.2M |
| Trading Financial Assets | -- | -- | 146.0M | 173.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.2B | 868.0M | 792.0M | 566.0M | 467.0M | 377.0M | 302.0M | 225.0M | 243.0M | 193.0M | 153.0M | 130.0M |
| Notes Receivable | 241.0M | 218.0M | 230.0M | 183.0M | 154.0M | 114.0M | 130.0M | 96.1M | 19.3M | 5.8M | 29.4M | 26.6M |
| Notes And Accounts Receivable | 1.4B | 1.1B | 1.0B | 749.0M | 621.0M | 492.0M | 432.0M | 321.0M | 262.0M | 199.0M | 182.0M | 156.0M |
| Prepayments | 79.9M | 103.0M | 98.9M | 20.6M | 3.3M | 2.7M | 3.2M | 4.5M | 7.8M | 3.1M | 2.4M | 6.5M |
| Inventory | 562.0M | 474.0M | 378.0M | 235.0M | 199.0M | 191.0M | 177.0M | 138.0M | 63.4M | 54.7M | 41.7M | 50.7M |
| Total Current Assets | 3.1B | 2.5B | 2.2B | 1.6B | 1.1B | 857.0M | 704.0M | 552.0M | 374.0M | 295.0M | 284.0M | 273.0M |
| Fixed Assets | -- | 129.0M | 122.0M | 118.0M | 99.3M | 96.2M | 90.0M | 96.1M | 97.2M | 104.0M | 110.0M | 111.0M |
| Fixed Assets Total | 232.0M | 129.0M | 122.0M | 118.0M | 99.3M | 96.2M | 90.0M | 96.1M | 97.2M | 104.0M | 110.0M | 111.0M |
| Construction In Progress | -- | 59.3M | 11.8M | 4.0M | 9.8M | 2.5M | 37,100 | -- | 2.1M | 422,900 | 387,600 | -- |
| Construction In Progress Total | 5.0M | 59.3M | 11.8M | 4.0M | 9.8M | 2.5M | 37,100 | -- | 2.1M | 422,900 | 387,600 | -- |
| Intangible Assets | 32.3M | 32.2M | 33.9M | 28.0M | 28.9M | 29.7M | 29.8M | 30.2M | 30.3M | 31.0M | 31.7M | 32.4M |
| Long Term Deferred Expenses | 662,800 | 1.5M | 1.9M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 297.0M | 254.0M | 187.0M | 161.0M | 148.0M | 135.0M | 126.0M | 132.0M | 134.0M | 139.0M | 146.0M | 147.0M |
| Total Assets | 3.4B | 2.8B | 2.4B | 1.8B | 1.2B | 992.0M | 830.0M | 684.0M | 508.0M | 434.0M | 430.0M | 420.0M |
| Short Term Borrowings | -- | 1.7M | 9.0M | -- | 20.0M | 20.0M | 20.0M | 40.1M | 20.0M | -- | 30.0M | 50.0M |
| Accounts Payable | 1.1B | 713.0M | 573.0M | 388.0M | 298.0M | 254.0M | 164.0M | 135.0M | 151.0M | 106.0M | 82.6M | 80.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 93.2M | 89.2M | 64.7M | 23.8M | 18.4M | 15.6M | 20.8M |
| Contract Liabilities | 136.0M | 140.0M | 105.0M | 81.3M | 70.6M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.0B | 1.5B | 1.3B | 735.0M | 653.0M | 502.0M | 415.0M | 346.0M | 212.0M | 142.0M | 167.0M | 171.0M |
| Total Non Current Liabilities | 7.4M | 5.5M | 6.9M | 6.1M | 7.1M | 7.9M | 8.8M | 9.6M | 8.5M | 9.7M | 10.9M | 12.1M |
| Total Liabilities | 2.0B | 1.5B | 1.3B | 741.0M | 660.0M | 510.0M | 424.0M | 356.0M | 220.0M | 152.0M | 178.0M | 183.0M |
| Paid In Capital | 140.0M | 140.0M | 140.0M | 140.0M | 105.0M | 105.0M | 82.0M | 82.0M | 82.0M | 82.0M | 81.6M | 81.6M |
| Capital Reserve | 613.0M | 585.0M | 570.0M | 563.0M | 155.0M | 155.0M | 178.0M | 178.0M | 178.0M | 178.0M | 184.0M | 184.0M |
| Surplus Reserve | 87.2M | 81.1M | 64.7M | 51.6M | 40.0M | 29.3M | 18.8M | 9.9M | 3.8M | 2.5M | 5.2M | 5.2M |
| Retained Earnings | 563.0M | 463.0M | 370.0M | 310.0M | 248.0M | 194.0M | 128.0M | 58.3M | 24.1M | 19.9M | -19.1M | -34.8M |
| Minority Equity | 45.7M | 14.8M | 241,600 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.4B | 1.3B | 1.1B | 1.1B | 547.0M | 482.0M | 407.0M | 328.0M | 288.0M | 282.0M | 252.0M | 237.0M |
| Total Equity | 1.5B | 1.3B | 1.1B | 1.1B | 547.0M | 482.0M | 407.0M | 328.0M | 288.0M | 282.0M | 252.0M | 237.0M |
| 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 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 1.1B | 718.0M | 524.0M | 469.0M | 372.0M | 294.0M | 248.0M | 120.0M | 136.0M | 97.0M | 97.0M |
| Tax Refunds Received | 22.7M | 31.7M | 16.8M | 16.0M | 17.5M | 15.1M | 18.0M | 13.0M | 7.9M | 6.4M | 2.9M | -- |
| Total Operating Cash Inflow | 1.3B | 1.2B | 793.0M | 604.0M | 537.0M | 422.0M | 341.0M | 286.0M | 128.0M | 145.0M | 109.0M | 105.0M |
| Cash Paid For Goods | 644.0M | 619.0M | 429.0M | 270.0M | 128.0M | 94.9M | 114.0M | 100.0M | 46.9M | 39.1M | 47.1M | 37.0M |
| Cash Paid To Employees | 226.0M | 207.0M | 150.0M | 136.0M | 108.0M | 95.0M | 71.2M | 55.2M | 32.2M | 29.0M | 26.8M | 30.8M |
| Taxes Paid | 79.1M | 84.5M | 59.8M | 55.7M | 55.7M | 57.9M | 46.7M | 41.2M | 30.2M | 22.4M | 14.4M | 14.3M |
| Total Operating Cash Outflow | 1.1B | 969.0M | 739.0M | 568.0M | 412.0M | 355.0M | 315.0M | 256.0M | 144.0M | 118.0M | 120.0M | 110.0M |
| Operating Cash Flow | 239.0M | 188.0M | 54.0M | 36.3M | 125.0M | 67.0M | 25.7M | 30.7M | -16.4M | 27.1M | -11.1M | -5.0M |
| Total Investing Cash Inflow | 97.6M | 198.0M | 233.0M | 4.5M | -- | -- | 18,000 | -- | -- | -- | -- | 12.1M |
| Total Investing Cash Outflow | 26.6M | 57.3M | 164.0M | 369.0M | 22.9M | 12.2M | 1.8M | 2.3M | 562,400 | 40,000 | 4.8M | 22.9M |
| Investing Cash Flow | 71.0M | 141.0M | 68.4M | -364.0M | -22.9M | -12.2M | -1.8M | -2.3M | -562,400 | -40,000 | -4.8M | -10.8M |
| Cash From Borrowings | -- | 6.7M | 29.0M | -- | 20.0M | 20.0M | 40.0M | 40.0M | 20.0M | -- | 50.0M | 50.0M |
| Dividends And Interest Paid | 57.0M | 37.7M | 34.8M | 26.0M | 42.9M | 8.5M | 6.6M | 4.8M | 5.8M | 522,500 | 3.0M | 3.1M |
| Debt Repayments | -- | 14.0M | 20.0M | 20.0M | 20.0M | 20.0M | 60.0M | 20.0M | -- | 30.0M | 70.0M | 77.2M |
| Total Financing Cash Inflow | 8.7M | 20.7M | 29.9M | 460.0M | 20.0M | 20.0M | 40.0M | 40.0M | 20.0M | -- | 105.0M | 104.0M |
| Total Financing Cash Outflow | 62.4M | 51.7M | 54.8M | 60.2M | 103.0M | 38.1M | 66.6M | 29.8M | 5.8M | 30.5M | 73.0M | 80.3M |
| Financing Cash Flow | -53.7M | -31.0M | -24.9M | 400.0M | -82.8M | -18.1M | -26.6M | 10.2M | 14.2M | -30.5M | 31.9M | 23.9M |
| Net Change In Cash | 256.0M | 298.0M | 97.5M | 72.0M | 19.4M | 36.7M | -2.7M | 38.6M | -2.8M | -3.5M | 16.1M | 8.1M |
| Ending Cash Balance | 838.0M | 583.0M | 285.0M | 187.0M | 115.0M | 95.7M | 59.0M | 61.7M | 23.1M | 25.8M | 29.3M | 13.2M |
| Capex | 11.6M | 57.3M | 18.2M | 17.5M | 22.9M | 12.2M | 1.8M | 2.3M | 562,400 | 40,000 | 4.8M | 22.9M |