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 | 307.0M | 216.0M | 221.0M | 178.0M | 45.1M |
| Revenue Growth % | 42.1% | -2.3% | 24.2% | 294.3% | -- |
| Total Revenue | 307.0M | 216.0M | 221.0M | 178.0M | 45.1M |
| Cost Of Revenue | 262.0M | 170.0M | 177.0M | 137.0M | 12.6M |
| Gross Profit | 45.0M | 46.0M | 44.0M | 41.0M | 32.6M |
| Gross Margin % | 14.7% | 21.3% | 19.9% | 23.0% | 72.2% |
| Total Operating Cost | 267.0M | 184.0M | 212.0M | 125.0M | 110.0M |
| Selling Expenses | 11.5M | 9.3M | 11.2M | 5.0M | 855,700 |
| Admin Expenses | 21.9M | 19.9M | 23.8M | 20.3M | 22.2M |
| Rd Expenses | -- | -- | -- | -- | -- |
| Finance Expenses | -1.2M | -979,300 | -2.0M | -400.00 | -44,500 |
| Operating Income | 40.7M | 46.1M | 9.4M | 53.2M | -121.0M |
| Operating Margin % | 13.3% | 21.3% | 4.2% | 29.9% | -268.0% |
| Non Operating Income | 26.2M | 99,300 | 540,300 | 88,600 | 399,600 |
| Non Operating Expenses | 8.8M | 6.8M | 15.0M | 11.3M | 1.1M |
| Investment Income | 184,100 | 12.8M | -217,300 | -3.5M | -53.4M |
| Fair Value Change Income | -- | 327,700 | 493,900 | 2.5M | -2.6M |
| Asset Disposal Income | 156,000 | 427,700 | 177,100 | 264,200 | 15,000 |
| Asset Impairment Loss | -- | -- | -- | 350,600 | 773,800 |
| Other Income | 17,300 | 144,300 | 328,900 | 118,700 | 161,700 |
| Income Before Tax | 58.2M | 39.4M | -5.1M | 41.9M | -121.0M |
| Income Tax | 1.7M | 2.9M | 1.2M | 1.6M | 1.6M |
| Net Income | 56.5M | 36.5M | -6.3M | 40.3M | -123.0M |
| Net Margin % | 18.4% | 16.9% | -2.8% | 22.7% | -272.4% |
| Net Income Attributable | 56.4M | 36.0M | -5.3M | 40.0M | -123.0M |
| Minority Interest | 34,600 | 527,400 | -954,900 | 378,000 | -126,100 |
| Eps Basic | 0.16 | 0.10 | -0.02 | 0.12 | -0.35 |
| Eps Diluted | 0.16 | 0.10 | -0.02 | 0.12 | -0.35 |
| 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 | 105.0M | 193.0M | 164.0M | 59.0M | 51.2M |
| Trading Financial Assets | 9.0M | 9.0M | 690,300 | 3.4M | 12.6M |
| Accounts Receivable | 21.0M | 17.6M | 17.0M | 13.4M | -- |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 21.0M | 17.6M | 17.0M | 13.4M | -- |
| Prepayments | 6.9M | 2.5M | 3.0M | 3.2M | 48,300 |
| Inventory | 31.3M | 29.7M | 32.6M | 26.7M | 1.4M |
| Total Current Assets | 211.0M | 279.0M | 239.0M | 305.0M | 249.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 44.3M | 46.4M | 46.7M | 46.2M |
| Fixed Assets Total | 45.1M | 44.3M | 46.4M | 46.7M | 46.2M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 48,500 | 68,800 | 89,100 | 299,700 | 169,200 |
| Long Term Deferred Expenses | 9.9M | 7.5M | 8.5M | 9.0M | 1.2M |
| Total Non Current Assets | 108.0M | 119.0M | 116.0M | 127.0M | 115.0M |
| Total Assets | 319.0M | 398.0M | 355.0M | 432.0M | 364.0M |
| Short Term Borrowings | 23.8M | 32.5M | 32.0M | 27.3M | -- |
| Accounts Payable | 22.5M | 24.3M | 22.1M | 19.3M | 5.7M |
| Advance Receipts | 159,300 | 40,000 | -- | 293,600 | -- |
| Contract Liabilities | 2.1M | 988,200 | 902,200 | 1.4M | 34,100 |
| Total Current Liabilities | 113.0M | 129.0M | 128.0M | 203.0M | 198.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 14.7M | 131.0M | 125.0M | 114.0M | 98.7M |
| Total Liabilities | 127.0M | 260.0M | 253.0M | 318.0M | 297.0M |
| Paid In Capital | 346.0M | 346.0M | 346.0M | 346.0M | 346.0M |
| Capital Reserve | 157.0M | 157.0M | 157.0M | 157.0M | 157.0M |
| Surplus Reserve | 9.0M | 9.0M | 9.0M | 9.0M | 9.0M |
| Retained Earnings | -331.0M | -320.0M | -356.0M | -349.0M | -389.0M |
| Minority Equity | 12.3M | 12.3M | 11.7M | 12.7M | 3.3M |
| Equity Attributable | 179.0M | 126.0M | 90.5M | 101.0M | 64.5M |
| Total Equity | 192.0M | 138.0M | 102.0M | 114.0M | 67.8M |
| 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 | 360.0M | 240.0M | 247.0M | 187.0M | 44.5M |
| Tax Refunds Received | 5.1M | 9.9M | 6.3M | 4.0M | -- |
| Total Operating Cash Inflow | 403.0M | 308.0M | 382.0M | 236.0M | 51.8M |
| Cash Paid For Goods | 64.7M | 33.4M | 36.5M | 170.0M | 9.1M |
| Cash Paid To Employees | 22.3M | 21.5M | 20.3M | 18.1M | 15.4M |
| Taxes Paid | 14.7M | 5.6M | 3.9M | 5.0M | 7.4M |
| Total Operating Cash Outflow | 203.0M | 118.0M | 225.0M | 285.0M | 55.1M |
| Operating Cash Flow | 200.0M | 191.0M | 157.0M | -48.7M | -3.4M |
| Total Investing Cash Inflow | 11.8M | 2.6M | 119.0M | 17.3M | 263.0M |
| Total Investing Cash Outflow | 15.3M | 9.4M | 8.1M | 18.6M | 252.0M |
| Investing Cash Flow | -3.5M | -6.8M | 111.0M | -1.3M | 10.6M |
| Cash From Borrowings | 10.0M | 8.8M | 11.9M | 105.0M | -- |
| Dividends And Interest Paid | 1.2M | 629,200 | 397,800 | 69,100 | -- |
| Debt Repayments | 276.0M | 158.0M | 172.0M | 80.3M | -- |
| Total Financing Cash Inflow | 10.4M | 8.8M | 11.9M | 143.0M | -- |
| Total Financing Cash Outflow | 298.0M | 163.0M | 176.0M | 84.8M | -- |
| Financing Cash Flow | -288.0M | -154.0M | -164.0M | 58.0M | -- |
| Net Change In Cash | -91.1M | 29.5M | 105.0M | 7.9M | 7.3M |
| Ending Cash Balance | 102.0M | 193.0M | 164.0M | 58.9M | 51.0M |
| Capex | 1.4M | 392,300 | 6.2M | 12.9M | 1.3M |