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 |
|---|---|---|---|---|---|
| Revenue | 873.0M | 692.0M | 602.0M | 547.0M | 308.0M |
| Revenue Growth % | 26.2% | 15.0% | 10.1% | 77.6% | -- |
| Total Revenue | 873.0M | 692.0M | 602.0M | 547.0M | 308.0M |
| Cost Of Revenue | 503.0M | 380.0M | 336.0M | 269.0M | 164.0M |
| Gross Profit | 370.0M | 312.0M | 266.0M | 278.0M | 144.0M |
| Gross Margin % | 42.4% | 45.1% | 44.2% | 50.8% | 46.8% |
| Total Operating Cost | 786.0M | 567.0M | 460.0M | 365.0M | 225.0M |
| Selling Expenses | 75.7M | 57.0M | 43.3M | 32.0M | 19.6M |
| Admin Expenses | 64.9M | 39.7M | 26.1M | 20.6M | 13.8M |
| Rd Expenses | 113.0M | 82.2M | 56.3M | 43.7M | 19.9M |
| Finance Expenses | -936,900 | -10.2M | -16.6M | -9.8M | 914,000 |
| Operating Income | 115.0M | 148.0M | 162.0M | 206.0M | 101.0M |
| Operating Margin % | 13.2% | 21.4% | 26.9% | 37.7% | 32.8% |
| Non Operating Income | 3.2M | 21,000 | 47,900 | 17,500 | 5,300 |
| Non Operating Expenses | 1.1M | 130,100 | 570,100 | 6,400 | 3.8M |
| Investment Income | 4.7M | 19,400 | 438,600 | -- | -- |
| Asset Disposal Income | 24,600 | 38,400 | 26,700 | 74,700 | 6,200 |
| Asset Impairment Loss | 5.2M | 4.1M | 5.4M | 2.4M | 2.3M |
| Other Income | 22.4M | 22.7M | 19.2M | 23.0M | 18.2M |
| Income Before Tax | 117.0M | 148.0M | 161.0M | 206.0M | 96.8M |
| Income Tax | 3.8M | 12.6M | 14.7M | 24.2M | 12.6M |
| Net Income | 113.0M | 135.0M | 147.0M | 181.0M | 84.2M |
| Net Margin % | 12.9% | 19.5% | 24.4% | 33.1% | 27.3% |
| Net Income Attributable | 113.0M | 133.0M | 145.0M | 180.0M | 84.5M |
| Minority Interest | 265,900 | 2.4M | 1.2M | 1.8M | -252,800 |
| Eps Basic | 1.13 | 1.33 | 2.08 | 2.68 | 1.61 |
| Eps Diluted | 1.13 | 1.33 | 2.08 | 2.68 | 1.61 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash And Equivalents | 143.0M | 265.0M | 428.0M | 504.0M | 77.2M |
| Trading Financial Assets | 32.8M | -- | -- | -- | -- |
| Accounts Receivable | 432.0M | 255.0M | 174.0M | 99.4M | 79.1M |
| Notes Receivable | 21.9M | 21.3M | 15.9M | 24.6M | 25.3M |
| Notes And Accounts Receivable | 454.0M | 276.0M | 190.0M | 124.0M | 104.0M |
| Prepayments | 10.2M | 9.9M | 9.4M | 8.1M | 3.4M |
| Inventory | 265.0M | 182.0M | 177.0M | 152.0M | 87.4M |
| Total Current Assets | 947.0M | 770.0M | 816.0M | 801.0M | 280.0M |
| Long Term Equity Investment | 51.0M | 50.0M | -- | -- | -- |
| Fixed Assets | -- | 329.0M | 162.0M | 130.0M | 48.6M |
| Fixed Assets Total | 428.0M | 329.0M | 162.0M | 130.0M | 48.6M |
| Construction In Progress | -- | 10.7M | 91.8M | 55.6M | 288,300 |
| Construction In Progress Total | 2.9M | 10.7M | 91.8M | 55.6M | 288,300 |
| Intangible Assets | 39.8M | 29.0M | 26.6M | 25.4M | 5.3M |
| Long Term Deferred Expenses | 12.7M | 8.6M | 8.6M | 8.8M | 7.2M |
| Total Non Current Assets | 607.0M | 473.0M | 316.0M | 235.0M | 72.8M |
| Total Assets | 1.6B | 1.2B | 1.1B | 1.0B | 353.0M |
| Short Term Borrowings | 108.0M | 22.2M | 22.7M | 33.3M | 15.0M |
| Accounts Payable | 154.0M | 103.0M | 95.0M | 75.7M | 50.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 10.1M | 7.2M | 9.5M | 14.1M | 13.1M |
| Total Current Liabilities | 420.0M | 257.0M | 206.0M | 201.0M | 122.0M |
| Long Term Borrowings | 32.4M | -- | 24.5M | -- | 5.6M |
| Total Non Current Liabilities | 61.6M | 16.6M | 32.3M | 1.4M | 6.5M |
| Total Liabilities | 482.0M | 273.0M | 239.0M | 203.0M | 129.0M |
| Paid In Capital | 100.0M | 70.0M | 70.0M | 70.0M | 52.5M |
| Capital Reserve | 474.0M | 489.0M | 485.0M | 484.0M | 44.1M |
| Surplus Reserve | 43.3M | 35.0M | 35.0M | 24.6M | 7.7M |
| Retained Earnings | 412.0M | 367.0M | 298.0M | 250.0M | 117.0M |
| Minority Equity | 43.9M | 7.9M | 5.5M | 4.3M | 2.0M |
| Equity Attributable | 1.0B | 962.0M | 888.0M | 829.0M | 222.0M |
| Total Equity | 1.1B | 970.0M | 893.0M | 833.0M | 224.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 |
|---|---|---|---|---|---|
| Cash From Sales | 610.0M | 581.0M | 525.0M | 508.0M | 268.0M |
| Tax Refunds Received | 28.8M | 26.2M | 28.8M | 22.0M | 13.6M |
| Total Operating Cash Inflow | 662.0M | 627.0M | 573.0M | 558.0M | 290.0M |
| Cash Paid For Goods | 283.0M | 268.0M | 249.0M | 239.0M | 113.0M |
| Cash Paid To Employees | 244.0M | 172.0M | 142.0M | 93.3M | 58.7M |
| Taxes Paid | 46.6M | 50.5M | 52.5M | 46.9M | 26.9M |
| Total Operating Cash Outflow | 653.0M | 557.0M | 487.0M | 424.0M | 216.0M |
| Operating Cash Flow | 9.3M | 70.1M | 85.5M | 134.0M | 74.0M |
| Total Investing Cash Inflow | 67.8M | 66,400 | 438,600 | 30,000 | 8,738 |
| Total Investing Cash Outflow | 248.0M | 159.0M | 93.6M | 149.0M | 18.0M |
| Investing Cash Flow | -180.0M | -159.0M | -93.1M | -148.0M | -18.0M |
| Cash From Borrowings | 140.0M | 20.0M | 47.4M | 34.0M | 21.0M |
| Dividends And Interest Paid | 62.8M | 64.6M | 88.9M | 31.0M | 20.7M |
| Debt Repayments | 44.8M | 27.6M | 33.3M | 21.7M | 10.0M |
| Total Financing Cash Inflow | 140.0M | 20.0M | 47.4M | 511.0M | 21.0M |
| Total Financing Cash Outflow | 111.0M | 93.6M | 123.0M | 73.4M | 30.7M |
| Financing Cash Flow | 29.1M | -73.6M | -75.4M | 437.0M | -9.7M |
| Net Change In Cash | -141.0M | -160.0M | -77.4M | 422.0M | 45.2M |
| Ending Cash Balance | 116.0M | 258.0M | 418.0M | 495.0M | 73.1M |
| Capex | 118.0M | 109.0M | 93.6M | 149.0M | 18.0M |