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 | 277.0M | 234.0M | 229.0M | 165.0M | 131.0M |
| Revenue Growth % | 18.4% | 2.2% | 38.8% | 26.0% | -- |
| Total Revenue | 277.0M | 234.0M | 229.0M | 165.0M | 131.0M |
| Cost Of Revenue | 245.0M | 206.0M | 202.0M | 143.0M | 114.0M |
| Gross Profit | 32.0M | 28.0M | 27.0M | 22.0M | 17.0M |
| Gross Margin % | 11.6% | 12.0% | 11.8% | 13.3% | 13.0% |
| Total Operating Cost | 262.0M | 227.0M | 222.0M | 162.0M | 142.0M |
| Selling Expenses | 3.8M | 3.2M | 2.8M | 3.3M | 2.7M |
| Admin Expenses | 11.8M | 15.2M | 14.1M | 14.9M | 21.8M |
| Finance Expenses | 579,000 | -814,300 | -2.9M | -4.1M | 183,100 |
| Operating Income | 16.7M | 8.5M | 7.7M | 3.9M | 7.3M |
| Operating Margin % | 6.0% | 3.7% | 3.4% | 2.4% | 5.6% |
| Non Operating Income | 33,900 | 36,800 | 9,100 | 17,600 | 17,800 |
| Non Operating Expenses | 87,900 | 15,300 | 50,300 | 30,500 | 2,100 |
| Investment Income | -76.91 | -293,600 | 193,600 | 766,500 | 17.0M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 102,000 | -- | 9,500 | -43,600 | -- |
| Asset Impairment Loss | -- | 806,900 | 1.2M | 31,500 | 1.3M |
| Other Income | 1.6M | 2.2M | 700,100 | 758,300 | 863,300 |
| Income Before Tax | 16.7M | 8.6M | 7.7M | 3.9M | 7.3M |
| Income Tax | 1.5M | 2.8M | 1.8M | 590,300 | 124,900 |
| Net Income | 15.2M | 5.8M | 5.9M | 3.3M | 7.2M |
| Net Margin % | 5.5% | 2.5% | 2.6% | 2.0% | 5.5% |
| Net Income Attributable | 11.7M | 5.8M | 5.9M | 3.3M | 9.1M |
| Minority Interest | 3.5M | -- | -- | -- | -1.9M |
| Eps Basic | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 |
| Eps Diluted | 0.03 | 0.02 | 0.02 | 0.01 | 0.02 |
| 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 | 34.4M | 7.9M | 9.5M | 16.5M | 20.2M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 66.2M | 45.8M | 63.2M | 54.1M | 26.7M |
| Notes Receivable | -- | 12.4M | 9.8M | 3.7M | 8.4M |
| Notes And Accounts Receivable | 66.2M | 58.2M | 73.0M | 57.8M | 35.1M |
| Prepayments | 3.2M | 1.4M | 2.3M | 6.9M | 15.5M |
| Inventory | 65.7M | 57.3M | 48.8M | 41.2M | 34.8M |
| Total Current Assets | 188.0M | 128.0M | 148.0M | 126.0M | 111.0M |
| Long Term Equity Investment | -- | 8.6M | 8.4M | 9.3M | 8.5M |
| Fixed Assets | -- | 80.0M | 83.3M | 86.2M | 90.2M |
| Fixed Assets Total | 117.0M | 80.0M | 83.3M | 86.2M | 90.2M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 12.4M | 12.8M | 13.1M | 13.4M | 13.8M |
| Long Term Deferred Expenses | 94,400 | -- | -- | -- | -- |
| Total Non Current Assets | 334.0M | 106.0M | 108.0M | 113.0M | 125.0M |
| Total Assets | 522.0M | 233.0M | 257.0M | 239.0M | 236.0M |
| Short Term Borrowings | 5.0M | 5.0M | -- | -- | -- |
| Accounts Payable | 35.7M | 8.2M | 34.8M | 24.2M | 11.7M |
| Advance Receipts | 100,000 | -- | -- | -- | -- |
| Contract Liabilities | 492,300 | 1.2M | 297,200 | 590,700 | 1.3M |
| Total Current Liabilities | 115.0M | 22.4M | 48.7M | 32.2M | 25.5M |
| Long Term Borrowings | 22.1M | 25.6M | 28.3M | 31.7M | 38.1M |
| Total Non Current Liabilities | 205.0M | 32.6M | 34.2M | 38.1M | 45.1M |
| Total Liabilities | 321.0M | 55.0M | 82.9M | 70.4M | 70.6M |
| Paid In Capital | 385.0M | 385.0M | 385.0M | 385.0M | 385.0M |
| Capital Reserve | 47.9M | 47.9M | 47.9M | 47.9M | 47.9M |
| Surplus Reserve | 65.1M | 65.1M | 65.1M | 65.1M | 65.1M |
| Retained Earnings | -305.0M | -317.0M | -323.0M | -329.0M | -332.0M |
| Minority Equity | 11.9M | -- | -- | -- | -- |
| Equity Attributable | 189.0M | 178.0M | 174.0M | 168.0M | 165.0M |
| Total Equity | 201.0M | 178.0M | 174.0M | 168.0M | 165.0M |
| 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 | 236.0M | 211.0M | 175.0M | 125.0M | 124.0M |
| Tax Refunds Received | 3.9M | 4.4M | 6.7M | 2.8M | 1.3M |
| Total Operating Cash Inflow | 241.0M | 216.0M | 182.0M | 129.0M | 126.0M |
| Cash Paid For Goods | 176.0M | 186.0M | 149.0M | 89.8M | 94.7M |
| Cash Paid To Employees | 25.5M | 26.7M | 25.7M | 23.9M | 21.0M |
| Taxes Paid | 6.1M | 10.2M | 7.3M | 5.9M | 6.8M |
| Total Operating Cash Outflow | 214.0M | 230.0M | 187.0M | 130.0M | 134.0M |
| Operating Cash Flow | 26.2M | -14.0M | -5.1M | -1.1M | -7.5M |
| Total Investing Cash Inflow | 8.7M | 95,100 | 1.1M | 19,000 | 12.0M |
| Total Investing Cash Outflow | 2.8M | 545,100 | 1.1M | 434,000 | 41,100 |
| Investing Cash Flow | 5.9M | -450,000 | 21,900 | -415,000 | 12.0M |
| Cash From Borrowings | 5.0M | 15.0M | -- | -- | 5.0M |
| Dividends And Interest Paid | 739,700 | 511,500 | 279,500 | 353,600 | 348,900 |
| Debt Repayments | 6.5M | 1.6M | 1.6M | 1.8M | 7.0M |
| Total Financing Cash Inflow | 23.4M | 15.0M | -- | -- | 5.0M |
| Total Financing Cash Outflow | 29.0M | 2.1M | 1.9M | 2.2M | 7.4M |
| Financing Cash Flow | -5.6M | 12.9M | -1.9M | -2.2M | -2.4M |
| Net Change In Cash | 26.5M | -1.6M | -7.0M | -3.7M | 2.1M |
| Ending Cash Balance | 34.4M | 7.9M | 9.5M | 16.5M | 20.2M |
| Capex | 2.8M | 545,100 | 1.1M | 434,000 | 41,100 |