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 | 2.3B | 2.2B | 2.5B | 1.9B | 1.5B |
| Revenue Growth % | 3.5% | -9.1% | 28.8% | 29.0% | -- |
| Total Revenue | 2.3B | 2.2B | 2.5B | 1.9B | 1.5B |
| Cost Of Revenue | 2.2B | 2.1B | 2.2B | 1.6B | 1.2B |
| Gross Profit | 106.0M | 123.0M | 288.0M | 351.0M | 237.0M |
| Gross Margin % | 4.6% | 5.5% | 11.7% | 18.4% | 16.0% |
| Total Operating Cost | 2.4B | 2.3B | 2.4B | 1.7B | 1.4B |
| Selling Expenses | 38.4M | 30.6M | 29.6M | 19.8M | 18.8M |
| Admin Expenses | 83.2M | 73.8M | 71.5M | 73.4M | 65.0M |
| Rd Expenses | 91.9M | 92.9M | 87.9M | 79.3M | 52.3M |
| Finance Expenses | -150,800 | -9.2M | -20.1M | -13.8M | 3.3M |
| Operating Income | -74.2M | -37.7M | 208.0M | 301.0M | 125.0M |
| Operating Margin % | -3.2% | -1.7% | 8.5% | 15.8% | 8.4% |
| Non Operating Income | 3.0M | 2.9M | 806,200 | 953,800 | 386,200 |
| Non Operating Expenses | 1.3M | 846,100 | 52,500 | 494,200 | 4.8M |
| Investment Income | 9.1M | 12.4M | 12.8M | 18.7M | 5.9M |
| Fair Value Change Income | 272,200 | 592,300 | 564,100 | -56,600 | 116,100 |
| Asset Disposal Income | 604,300 | 328,100 | 70.6M | 91.1M | 37.4M |
| Asset Impairment Loss | -776,100 | 192,200 | 1.0M | 276,800 | 12.7M |
| Other Income | 39.4M | 25.2M | 21.8M | 12.9M | 10.9M |
| Income Before Tax | -72.5M | -35.6M | 209.0M | 301.0M | 120.0M |
| Income Tax | -2.8M | -7.0M | -21.1M | 23.7M | 16.1M |
| Net Income | -69.7M | -28.6M | 230.0M | 278.0M | 104.0M |
| Net Margin % | -3.0% | -1.3% | 9.3% | 14.6% | 7.0% |
| Net Income Attributable | -69.7M | -28.6M | 230.0M | 282.0M | 115.0M |
| Minority Interest | -- | -- | -- | -4.4M | -10.8M |
| Eps Basic | -0.08 | -0.03 | 0.26 | 0.32 | 0.16 |
| Eps Diluted | -0.08 | -0.03 | 0.26 | 0.32 | 0.16 |
| 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 | 379.0M | 564.0M | 753.0M | 870.0M | 1.2B |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 412.0M | 325.0M | 280.0M | 207.0M | 187.0M |
| Notes Receivable | 87.3M | 106.0M | 111.0M | 71.2M | 105.0M |
| Notes And Accounts Receivable | 500.0M | 431.0M | 391.0M | 278.0M | 291.0M |
| Prepayments | 43.5M | 38.2M | 67.7M | 48.8M | 42.3M |
| Inventory | 228.0M | 224.0M | 198.0M | 196.0M | 162.0M |
| Total Current Assets | 1.4B | 1.5B | 1.5B | 1.6B | 1.8B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.2B | 1.3B | 927.0M | 936.0M |
| Fixed Assets Total | 1.6B | 1.2B | 1.3B | 995.0M | 984.0M |
| Construction In Progress | -- | 644.0M | 160.0M | 306.0M | 148.0M |
| Construction In Progress Total | 665.0M | 644.0M | 160.0M | 306.0M | 148.0M |
| Intangible Assets | 165.0M | 152.0M | 137.0M | 115.0M | 119.0M |
| Long Term Deferred Expenses | 27.8M | 39.5M | 5.7M | 442,000 | 1.4M |
| Total Non Current Assets | 2.9B | 2.6B | 2.1B | 1.7B | 1.3B |
| Total Assets | 4.3B | 4.1B | 3.7B | 3.3B | 3.1B |
| Short Term Borrowings | 145.0M | 55.7M | 53.1M | -- | 30.0M |
| Accounts Payable | 599.0M | 533.0M | 284.0M | 230.0M | 248.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 22.5M | 27.0M | 16.1M | 15.9M | 19.0M |
| Total Current Liabilities | 1.1B | 902.0M | 612.0M | 372.0M | 1.1B |
| Long Term Borrowings | 296.0M | 170.0M | 18.8M | 76.7M | 19.5M |
| Total Non Current Liabilities | 433.0M | 307.0M | 160.0M | 185.0M | 175.0M |
| Total Liabilities | 1.5B | 1.2B | 773.0M | 557.0M | 1.3B |
| Paid In Capital | 896.0M | 896.0M | 896.0M | 896.0M | 739.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 590.0M |
| Surplus Reserve | 137.0M | 137.0M | 137.0M | 120.0M | 92.7M |
| Retained Earnings | 630.0M | 700.0M | 746.0M | 551.0M | 323.0M |
| Minority Equity | -- | -- | -- | -- | 1.6M |
| Equity Attributable | 2.8B | 2.9B | 2.9B | 2.7B | 1.7B |
| Total Equity | 2.8B | 2.9B | 2.9B | 2.7B | 1.7B |
| 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 | 2.1B | 2.0B | 2.2B | 1.8B | 1.4B |
| Tax Refunds Received | 62.5M | 65.4M | 26.3M | 27.3M | 7.3M |
| Total Operating Cash Inflow | 2.2B | 2.1B | 2.3B | 1.9B | 1.5B |
| Cash Paid For Goods | 1.7B | 1.7B | 1.9B | 1.3B | 1.1B |
| Cash Paid To Employees | 229.0M | 195.0M | 183.0M | 146.0M | 121.0M |
| Taxes Paid | 16.0M | 29.6M | 42.7M | 62.1M | 50.3M |
| Total Operating Cash Outflow | 2.1B | 2.0B | 2.2B | 1.6B | 1.4B |
| Operating Cash Flow | 112.0M | 109.0M | 113.0M | 312.0M | 117.0M |
| Total Investing Cash Inflow | 280.0M | 96.2M | 258.0M | 198.0M | 420.0M |
| Total Investing Cash Outflow | 800.0M | 497.0M | 522.0M | 798.0M | 451.0M |
| Investing Cash Flow | -520.0M | -401.0M | -263.0M | -600.0M | -31.3M |
| Cash From Borrowings | 246.0M | 192.0M | 78.2M | 59.3M | 55.5M |
| Dividends And Interest Paid | 8.4M | 22.2M | 20.8M | 29.7M | 12.7M |
| Debt Repayments | 30.0M | 80.5M | 36.7M | 62.1M | 11.0M |
| Total Financing Cash Inflow | 246.0M | 202.0M | 111.0M | 94.3M | 788.0M |
| Total Financing Cash Outflow | 38.4M | 122.0M | 66.6M | 159.0M | 55.4M |
| Financing Cash Flow | 208.0M | 80.3M | 44.9M | -64.2M | 732.0M |
| Net Change In Cash | -199.0M | -212.0M | -100.0M | -355.0M | 813.0M |
| Ending Cash Balance | 322.0M | 521.0M | 733.0M | 833.0M | 1.2B |
| Capex | 580.0M | 417.0M | 331.0M | 351.0M | 76.2M |