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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.4B | 1.3B | 1.1B | 951.0M | 825.0M | 613.0M | 375.0M | 256.0M | 247.0M | 194.0M |
| Revenue Growth % | -1.4% | 10.8% | 12.7% | 20.6% | 15.3% | 34.6% | 63.5% | 46.5% | 3.6% | 27.3% | -- |
| Total Revenue | 1.4B | 1.4B | 1.3B | 1.1B | 951.0M | 825.0M | 613.0M | 375.0M | 256.0M | 247.0M | 194.0M |
| Cost Of Revenue | 542.0M | 505.0M | 417.0M | 317.0M | 259.0M | 244.0M | 185.0M | 155.0M | 129.0M | 124.0M | 98.8M |
| Gross Profit | 871.0M | 928.0M | 876.0M | 830.0M | 692.0M | 581.0M | 428.0M | 220.0M | 127.0M | 123.0M | 95.2M |
| Gross Margin % | 61.6% | 64.8% | 67.7% | 72.4% | 72.8% | 70.4% | 69.8% | 58.7% | 49.6% | 49.8% | 49.1% |
| Total Operating Cost | 1.3B | 1.2B | 1.1B | 987.0M | 801.0M | 705.0M | 514.0M | 323.0M | 235.0M | 219.0M | 174.0M |
| Selling Expenses | 480.0M | 528.0M | 547.0M | 534.0M | 425.0M | 372.0M | 263.0M | 114.0M | 53.5M | 54.2M | 37.0M |
| Admin Expenses | 66.9M | 67.2M | 48.7M | 52.0M | 35.0M | 27.8M | 26.9M | 27.7M | 34.8M | 30.5M | 31.6M |
| Rd Expenses | 158.0M | 103.0M | 88.7M | 70.1M | 63.7M | 45.4M | 25.6M | 15.2M | -- | -- | -- |
| Finance Expenses | -17.1M | -12.3M | -7.6M | -4.0M | -528,700 | -122,400 | 308,500 | 2.1M | -819,300 | 1.4M | 3.0M |
| Operating Income | 162.0M | 237.0M | 196.0M | 182.0M | 161.0M | 128.0M | 104.0M | 56.0M | 19.2M | 28.2M | 19.5M |
| Operating Margin % | 11.5% | 16.5% | 15.2% | 15.9% | 16.9% | 15.5% | 17.0% | 14.9% | 7.5% | 11.4% | 10.0% |
| Non Operating Income | 22,000 | 58,400 | 97,000 | 349,100 | 3.7M | 399,100 | 22,100 | 15.8M | 4.1M | 3.3M | 2.5M |
| Non Operating Expenses | 111,500 | 7.3M | 1.1M | 2.2M | 138,400 | 472,300 | 129,900 | 52,300 | 2.5M | 29,100 | -- |
| Investment Income | -18.7M | 3.6M | 8.0M | 1.7M | -6.3M | 25,000 | -252.32 | -- | -1.0M | -- | 101,400 |
| Asset Disposal Income | -- | 200.00 | -- | -180,000 | 9,700 | 394,100 | -164,800 | -1,300 | -- | -- | -- |
| Asset Impairment Loss | 11.1M | 7.6M | 4.5M | 2.7M | 2.9M | 2.8M | 3.0M | 3.5M | 17.1M | 6.3M | 1.8M |
| Other Income | 36.3M | 19.9M | 13.5M | 20.9M | 17.2M | 7.5M | 5.2M | 4.6M | -- | -- | -- |
| Income Before Tax | 162.0M | 230.0M | 195.0M | 180.0M | 164.0M | 128.0M | 104.0M | 71.7M | 20.8M | 31.5M | 21.9M |
| Income Tax | 22.9M | 36.8M | 21.6M | 19.3M | 19.5M | 11.6M | 15.6M | 12.0M | 2.8M | 4.9M | 1.8M |
| Net Income | 139.0M | 193.0M | 173.0M | 161.0M | 145.0M | 116.0M | 88.5M | 59.8M | 17.9M | 26.6M | 20.2M |
| Net Margin % | 9.8% | 13.5% | 13.4% | 14.0% | 15.2% | 14.1% | 14.4% | 15.9% | 7.0% | 10.8% | 10.4% |
| Net Income Attributable | 164.0M | 211.0M | 183.0M | 161.0M | 145.0M | 116.0M | 88.5M | 59.8M | 18.8M | 27.9M | 20.8M |
| Minority Interest | -25.6M | -18.3M | -9.4M | -- | -- | -- | -- | -- | -843,500 | -1.3M | -665,300 |
| Eps Basic | 1.75 | 2.25 | 1.95 | 2.01 | 2.06 | 1.65 | 1.26 | 0.85 | 0.27 | 0.48 | 0.41 |
| Eps Diluted | 1.75 | 2.25 | 1.95 | 2.01 | 2.06 | 1.65 | 1.26 | 0.85 | 0.27 | 0.48 | 0.41 |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 178.0M | 380.0M | 191.0M | 353.0M | 79.0M | 70.9M | 19.6M | 39.8M | 6.8M | 76.7M | 11.4M |
| Trading Financial Assets | 183.0M | 15.0M | 325.0M | 400.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 168.0M | 156.0M | 156.0M | 122.0M | 113.0M | 84.8M | 74.4M | 39.2M | 27.3M | 30.9M | 24.3M |
| Notes Receivable | 19.4M | 9.5M | 3.6M | 6.8M | 13.5M | 19.8M | 36.8M | 11.6M | 11.9M | 2.6M | 4.9M |
| Notes And Accounts Receivable | 188.0M | 166.0M | 160.0M | 129.0M | 127.0M | 105.0M | 111.0M | 50.8M | 39.2M | 33.5M | 29.2M |
| Prepayments | 15.2M | 15.0M | 5.2M | 4.3M | 6.9M | 5.6M | 7.0M | 6.8M | 8.1M | 2.3M | 7.2M |
| Inventory | 412.0M | 363.0M | 339.0M | 301.0M | 188.0M | 192.0M | 138.0M | 97.7M | 51.4M | 59.4M | 59.2M |
| Total Current Assets | 1.4B | 1.4B | 1.2B | 1.2B | 422.0M | 396.0M | 291.0M | 209.0M | 110.0M | 175.0M | 124.0M |
| Long Term Equity Investment | 43.5M | 47.1M | 36.0M | 34.1M | 7.1M | 6.0M | 5.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 569.0M | 493.0M | 430.0M | 394.0M | 360.0M | 371.0M | 344.0M | 88.6M | 105.0M | 106.0M |
| Fixed Assets Total | 544.0M | 569.0M | 493.0M | 430.0M | 394.0M | 360.0M | 371.0M | 344.0M | 88.6M | 105.0M | 106.0M |
| Construction In Progress | -- | 27.6M | 70.5M | 43.0M | 35.7M | 19.2M | 11.8M | 19.3M | 145.0M | 71.8M | 8.6M |
| Construction In Progress Total | 143.0M | 27.6M | 70.5M | 43.0M | 35.7M | 19.2M | 11.8M | 19.3M | 145.0M | 71.8M | 8.6M |
| Intangible Assets | 186.0M | 76.6M | 81.1M | 57.6M | 40.2M | 41.4M | 42.7M | 43.0M | 45.2M | 52.3M | 11.8M |
| Long Term Deferred Expenses | 10.4M | 5.3M | 3.3M | 234,500 | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Assets | 1.0B | 827.0M | 761.0M | 592.0M | 499.0M | 455.0M | 441.0M | 417.0M | 280.0M | 231.0M | 127.0M |
| Total Assets | 2.5B | 2.2B | 2.0B | 1.8B | 921.0M | 851.0M | 732.0M | 626.0M | 390.0M | 406.0M | 251.0M |
| Short Term Borrowings | 3.8M | -- | -- | -- | -- | -- | 500,000 | 40.0M | -- | -- | 30.8M |
| Accounts Payable | 160.0M | 89.5M | 61.1M | 80.9M | 44.5M | 59.4M | 53.6M | 44.7M | 17.6M | 36.6M | 20.2M |
| Advance Receipts | 12.5M | 4.0M | 4.4M | 7.6M | 13.0M | 45.8M | 33.1M | 40.5M | 12.4M | 14.0M | 11.2M |
| Contract Liabilities | 76.5M | 76.1M | 78.0M | 55.2M | 17.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 419.0M | 336.0M | 295.0M | 260.0M | 223.0M | 269.0M | 247.0M | 216.0M | 58.0M | 91.4M | 77.4M |
| Long Term Borrowings | 114.0M | 17.1M | -- | -- | -- | -- | -- | -- | 17.5M | 20.0M | -- |
| Total Non Current Liabilities | 218.0M | 72.3M | 55.5M | 58.5M | 35.0M | 29.6M | 26.5M | 26.5M | 45.3M | 49.8M | 14.8M |
| Total Liabilities | 637.0M | 409.0M | 350.0M | 318.0M | 258.0M | 298.0M | 274.0M | 242.0M | 103.0M | 141.0M | 92.3M |
| Paid In Capital | 93.8M | 93.8M | 93.8M | 93.8M | 70.3M | 70.3M | 70.3M | 70.3M | 70.3M | 67.0M | 57.0M |
| Capital Reserve | 850.0M | 850.0M | 850.0M | 850.0M | 218.0M | 218.0M | 218.0M | 218.0M | 218.0M | 87.2M | 17.2M |
| Surplus Reserve | 46.9M | 46.9M | 46.9M | 46.9M | 43.5M | 32.1M | 21.1M | 12.3M | 483,500 | 9.4M | 6.2M |
| Retained Earnings | 812.0M | 732.0M | 606.0M | 488.0M | 331.0M | 233.0M | 149.0M | 83.0M | -2.3M | 72.9M | 48.2M |
| Minority Equity | 19.2M | 44.7M | 62.0M | -- | -- | -- | -- | -- | -- | 28.5M | 29.8M |
| Equity Attributable | 1.8B | 1.7B | 1.6B | 1.5B | 663.0M | 553.0M | 458.0M | 384.0M | 287.0M | 237.0M | 129.0M |
| Total Equity | 1.8B | 1.8B | 1.7B | 1.5B | 663.0M | 553.0M | 458.0M | 384.0M | 287.0M | 265.0M | 158.0M |
| 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 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 1.3B | 1.2B | 1.1B | 882.0M | 782.0M | 543.0M | 349.0M | 212.0M | 206.0M | 156.0M |
| Tax Refunds Received | 171,400 | 335,800 | 15.6M | 339,000 | 250,200 | 297,400 | 1.9M | 203,400 | -- | 76,100 | -- |
| Total Operating Cash Inflow | 1.3B | 1.4B | 1.3B | 1.1B | 915.0M | 810.0M | 570.0M | 401.0M | 222.0M | 212.0M | 166.0M |
| Cash Paid For Goods | 134.0M | 198.0M | 198.0M | 120.0M | 150.0M | 172.0M | 127.0M | 114.0M | 80.3M | 36.0M | 39.0M |
| Cash Paid To Employees | 170.0M | 160.0M | 134.0M | 98.5M | 70.8M | 62.5M | 53.1M | 47.0M | 38.1M | 32.3M | 27.9M |
| Taxes Paid | 199.0M | 193.0M | 168.0M | 133.0M | 120.0M | 102.0M | 77.3M | 53.4M | 27.8M | 37.3M | 24.8M |
| Total Operating Cash Outflow | 1.2B | 1.1B | 1.1B | 994.0M | 810.0M | 693.0M | 506.0M | 345.0M | 210.0M | 175.0M | 143.0M |
| Operating Cash Flow | 142.0M | 214.0M | 156.0M | 115.0M | 105.0M | 117.0M | 64.8M | 56.2M | 11.3M | 37.5M | 22.7M |
| Total Investing Cash Inflow | 241.0M | 1.5B | 2.0B | 676.0M | 112.0M | 15.1M | 354,500 | -- | 120.0M | 35.3M | 7.6M |
| Total Investing Cash Outflow | 600.0M | 1.5B | 2.3B | 1.2B | 173.0M | 40.3M | 40.4M | 37.6M | 223.0M | 82.5M | 44.5M |
| Investing Cash Flow | -359.0M | 39.1M | -231.0M | -517.0M | -61.1M | -25.2M | -40.0M | -37.6M | -103.0M | -47.3M | -36.9M |
| Cash From Borrowings | 101.0M | 17.1M | -- | -- | -- | -- | 20.0M | 60.0M | -- | 20.0M | 48.8M |
| Dividends And Interest Paid | 86.3M | 84.4M | 65.7M | -- | 35.1M | 35.2M | 721,800 | 2.1M | 1.5M | 2.6M | 2.5M |
| Debt Repayments | -- | -- | -- | -- | -- | 500,000 | 59.5M | 50.0M | -- | 30.8M | 50.9M |
| Total Financing Cash Inflow | 101.0M | 33.3M | 17.2M | 674.0M | -- | -- | 20.0M | 60.0M | 31.4M | 104.0M | 68.0M |
| Total Financing Cash Outflow | 86.3M | 90.8M | 93.6M | 18.4M | 35.1M | 35.7M | 60.2M | 52.1M | 5.5M | 33.5M | 54.1M |
| Financing Cash Flow | 14.3M | -57.5M | -76.4M | 656.0M | -35.1M | -35.7M | -40.2M | 7.9M | 25.9M | 70.5M | 13.9M |
| Net Change In Cash | -202.0M | 196.0M | -151.0M | 253.0M | 8.1M | 55.7M | -15.2M | 26.5M | -65.9M | 60.7M | -238,700 |
| Ending Cash Balance | 175.0M | 377.0M | 181.0M | 332.0M | 79.0M | 70.9M | 15.2M | 30.4M | 5.3M | 71.2M | 10.5M |
| Capex | 234.0M | 106.0M | 132.0M | 92.1M | 53.7M | 24.3M | 35.4M | 37.6M | 108.0M | 82.5M | 28.5M |