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 | 1.6B | 1.3B | 906.0M | 819.0M | 572.0M | 446.0M | 357.0M | 323.0M |
| Revenue Growth % | 25.7% | 44.0% | 10.6% | 43.2% | 28.3% | 24.9% | 10.5% | -- |
| Total Revenue | 1.6B | 1.3B | 906.0M | 819.0M | 572.0M | 446.0M | 357.0M | 323.0M |
| Cost Of Revenue | 998.0M | 812.0M | 581.0M | 548.0M | 355.0M | 271.0M | 216.0M | 190.0M |
| Gross Profit | 642.0M | 493.0M | 325.0M | 271.0M | 217.0M | 175.0M | 141.0M | 133.0M |
| Gross Margin % | 39.1% | 37.8% | 35.9% | 33.1% | 37.9% | 39.2% | 39.5% | 41.2% |
| Total Operating Cost | 1.4B | 1.1B | 805.0M | 713.0M | 493.0M | 395.0M | 330.0M | 293.0M |
| Selling Expenses | 131.0M | 91.2M | 68.1M | 50.5M | 41.1M | 41.5M | 31.9M | 30.0M |
| Admin Expenses | 77.2M | 53.3M | 38.9M | 29.4M | 29.1M | 27.9M | 36.0M | 22.0M |
| Rd Expenses | 217.0M | 164.0M | 107.0M | 76.0M | 52.7M | 43.0M | 36.7M | 33.8M |
| Finance Expenses | -27.0M | -15.2M | -8.9M | -6.1M | 3.5M | 2.3M | 4.1M | 5.5M |
| Operating Income | 243.0M | 197.0M | 142.0M | 130.0M | 94.2M | 62.7M | 42.0M | 34.2M |
| Operating Margin % | 14.8% | 15.1% | 15.7% | 15.9% | 16.5% | 14.1% | 11.8% | 10.6% |
| Non Operating Income | 1.1M | 1.7M | 5.8M | 7.3M | 3.2M | 1.2M | 630,300 | 98,500 |
| Non Operating Expenses | 576,200 | 117,400 | 111,000 | 741,200 | 54,400 | 267,600 | 2.6M | 673,500 |
| Investment Income | 193,800 | 1.4M | 4.3M | 3.8M | 729,900 | 493,500 | 199,200 | -- |
| Asset Disposal Income | -104,400 | 5,200 | -224,600 | -64,000 | -- | 2,600 | -- | -- |
| Asset Impairment Loss | 6.9M | 4.0M | 3.8M | 4.7M | 5.1M | 3.9M | 3.1M | 7.4M |
| Other Income | 32.7M | 24.4M | 36.3M | 20.7M | 14.2M | 11.1M | 15.1M | 3.9M |
| Income Before Tax | 244.0M | 199.0M | 147.0M | 137.0M | 97.3M | 63.6M | 40.1M | 33.7M |
| Income Tax | 2.1M | 10.5M | 9.1M | 10.4M | 9.8M | 6.1M | 4.8M | 2.1M |
| Net Income | 242.0M | 189.0M | 138.0M | 126.0M | 87.6M | 57.6M | 35.3M | 31.6M |
| Net Margin % | 14.8% | 14.5% | 15.2% | 15.4% | 15.3% | 12.9% | 9.9% | 9.8% |
| Net Income Attributable | 245.0M | 191.0M | 140.0M | 127.0M | 87.6M | 57.6M | 35.3M | 31.6M |
| Minority Interest | -3.3M | -2.2M | -1.8M | -247,200 | -- | -- | -- | -- |
| Eps Basic | 1.16 | 1.02 | 0.78 | 0.70 | 0.65 | 0.43 | 0.26 | 0.23 |
| Eps Diluted | 1.16 | 1.01 | 0.78 | 0.70 | 0.65 | 0.43 | 0.26 | 0.23 |
| 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 | 164.0M | 170.0M | 181.0M | 253.0M | 519.0M | 62.8M | 49.5M | 17.9M |
| Trading Financial Assets | 2.5M | -- | 175.0M | 15.0M | -- | 12.0M | -- | -- |
| Accounts Receivable | 613.0M | 462.0M | 252.0M | 211.0M | 144.0M | 107.0M | 105.0M | 106.0M |
| Notes Receivable | 219.0M | 190.0M | 170.0M | 199.0M | 133.0M | 93.4M | 74.6M | 65.8M |
| Notes And Accounts Receivable | 832.0M | 652.0M | 422.0M | 410.0M | 277.0M | 200.0M | 179.0M | 171.0M |
| Prepayments | 9.1M | 3.7M | 6.1M | 3.5M | 414,500 | 718,700 | 1.3M | 2.9M |
| Inventory | 303.0M | 219.0M | 231.0M | 210.0M | 147.0M | 56.3M | 74.8M | 61.6M |
| Total Current Assets | 1.7B | 1.4B | 1.1B | 915.0M | 963.0M | 347.0M | 309.0M | 284.0M |
| Long Term Equity Investment | 3.0M | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 263.0M | 112.0M | 108.0M | 94.6M | 88.8M | 91.7M | 76.7M |
| Fixed Assets Total | 269.0M | 263.0M | 112.0M | 108.0M | 94.6M | 88.8M | 91.7M | 76.7M |
| Construction In Progress | -- | 41.5M | 74.7M | 24.3M | 1.5M | -- | -- | -- |
| Construction In Progress Total | 221.0M | 41.5M | 74.7M | 24.3M | 1.5M | -- | -- | -- |
| Intangible Assets | 42.1M | 22.5M | 11.7M | 8.9M | 9.2M | 9.3M | 9.6M | 9.8M |
| Long Term Deferred Expenses | 1.4M | 2.2M | 2.1M | 2.3M | 1.6M | 3.0M | 3.1M | -- |
| Total Non Current Assets | 1.4B | 1.1B | 365.0M | 353.0M | 113.0M | 105.0M | 108.0M | 94.9M |
| Total Assets | 3.1B | 2.5B | 1.5B | 1.3B | 1.1B | 451.0M | 417.0M | 379.0M |
| Short Term Borrowings | 70.6M | 23.1M | 16.7M | -- | -- | -- | 30.0M | 37.3M |
| Accounts Payable | 310.0M | 226.0M | 153.0M | 122.0M | 127.0M | 59.2M | 62.6M | 48.4M |
| Advance Receipts | 2.1M | 901,900 | 1.7M | 156,700 | 382,400 | 4.5M | 4.7M | 23.3M |
| Contract Liabilities | 32.2M | 4.4M | 22.0M | 2.9M | 3.7M | -- | -- | -- |
| Total Current Liabilities | 915.0M | 580.0M | 467.0M | 384.0M | 299.0M | 160.0M | 182.0M | 163.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 15.0M | 27.0M | 35.0M |
| Total Non Current Liabilities | 45.1M | 29.5M | 27.3M | 17.8M | 13.9M | 25.7M | 31.1M | 37.1M |
| Total Liabilities | 960.0M | 609.0M | 494.0M | 402.0M | 312.0M | 186.0M | 213.0M | 200.0M |
| Paid In Capital | 211.0M | 210.0M | 180.0M | 180.0M | 180.0M | 135.0M | 124.0M | 40.0M |
| Capital Reserve | 1.3B | 1.2B | 471.0M | 465.0M | 465.0M | 91.7M | 66.0M | 17.7M |
| Surplus Reserve | 75.4M | 57.1M | 41.6M | 27.2M | 14.5M | 5.7M | 1.5M | 1.1M |
| Retained Earnings | 556.0M | 418.0M | 288.0M | 194.0M | 102.0M | 32.9M | 12.2M | 120.0M |
| Minority Equity | 21.9M | 5.3M | -1.3M | 502,800 | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 1.9B | 980.0M | 866.0M | 763.0M | 265.0M | 204.0M | 179.0M |
| Total Equity | 2.1B | 1.9B | 979.0M | 867.0M | 763.0M | 265.0M | 204.0M | 179.0M |
| 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 | 1.1B | 727.0M | 614.0M | 410.0M | 306.0M | 290.0M | 226.0M | 185.0M |
| Tax Refunds Received | 71.0M | 40.6M | 28.6M | 26.8M | 18.1M | 13.2M | 19.4M | 6.7M |
| Total Operating Cash Inflow | 1.2B | 788.0M | 673.0M | 452.0M | 329.0M | 305.0M | 250.0M | 205.0M |
| Cash Paid For Goods | 458.0M | 355.0M | 183.0M | 180.0M | 86.7M | 80.4M | 57.9M | 84.6M |
| Cash Paid To Employees | 376.0M | 268.0M | 202.0M | 162.0M | 117.0M | 88.9M | 77.8M | 67.0M |
| Taxes Paid | 92.4M | 74.6M | 56.6M | 39.8M | 38.5M | 36.7M | 36.9M | 38.1M |
| Total Operating Cash Outflow | 1.0B | 783.0M | 493.0M | 422.0M | 275.0M | 234.0M | 202.0M | 215.0M |
| Operating Cash Flow | 201.0M | 5.3M | 180.0M | 30.1M | 53.9M | 70.8M | 47.5M | -10.4M |
| Total Investing Cash Inflow | 381.0M | 529.0M | 839.0M | 926.0M | 229.0M | 56.5M | 49.9M | -- |
| Total Investing Cash Outflow | 563.0M | 1.3B | 1.1B | 1.2B | 229.0M | 73.5M | 74.0M | 30.1M |
| Investing Cash Flow | -182.0M | -783.0M | -234.0M | -245.0M | 92,100 | -17.0M | -24.1M | -30.1M |
| Cash From Borrowings | 70.3M | 23.1M | 29.3M | -- | -- | -- | 57.2M | 75.7M |
| Dividends And Interest Paid | 88.8M | 45.0M | 31.7M | 22.1M | 10.6M | 2.7M | 28.2M | 4.1M |
| Debt Repayments | -- | -- | 13.4M | 15.0M | 12.0M | 38.0M | 42.3M | 43.4M |
| Total Financing Cash Inflow | 90.6M | 822.0M | 30.7M | 9.2M | 444.0M | 11.6M | 78.9M | 75.7M |
| Total Financing Cash Outflow | 118.0M | 52.2M | 50.8M | 59.4M | 41.4M | 41.7M | 82.1M | 47.4M |
| Financing Cash Flow | -27.6M | 769.0M | -20.1M | -50.2M | 403.0M | -30.1M | -3.2M | 28.2M |
| Net Change In Cash | -5.8M | -8.5M | -73.3M | -265.0M | 455.0M | 23.8M | 20.1M | -12.6M |
| Ending Cash Balance | 164.0M | 170.0M | 179.0M | 252.0M | 517.0M | 61.8M | 37.9M | 17.9M |
| Capex | 200.0M | 182.0M | 90.6M | 41.4M | 12.7M | 5.5M | 18.0M | 11.4M |