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 | 434.0M | 332.0M | 517.0M | 558.0M | 529.0M |
| Revenue Growth % | 30.7% | -35.8% | -7.3% | 5.5% | -- |
| Total Revenue | 434.0M | 332.0M | 517.0M | 558.0M | 529.0M |
| Cost Of Revenue | 297.0M | 229.0M | 275.0M | 293.0M | 176.0M |
| Gross Profit | 137.0M | 103.0M | 242.0M | 265.0M | 353.0M |
| Gross Margin % | 31.6% | 31.0% | 46.8% | 47.5% | 66.7% |
| Total Operating Cost | 434.0M | 302.0M | 362.0M | 360.0M | 253.0M |
| Selling Expenses | 17.6M | 15.7M | 18.3M | 13.8M | 14.2M |
| Admin Expenses | 45.9M | 31.6M | 30.0M | 18.1M | 17.9M |
| Rd Expenses | 34.1M | 23.2M | 22.2M | 25.5M | 22.7M |
| Finance Expenses | -9.2M | -24.3M | -4.5M | 2.3M | 1.2M |
| Operating Income | 23.6M | 118.0M | 213.0M | 263.0M | 290.0M |
| Operating Margin % | 5.4% | 35.5% | 41.2% | 47.1% | 54.8% |
| Non Operating Income | 8.9M | 11.0M | 2.0M | 6,500 | -- |
| Non Operating Expenses | 445,100 | 1.1M | 285,700 | 110,000 | 2.4M |
| Investment Income | 3.8M | 0.00 | -209,200 | 0.00 | 42,300 |
| Asset Impairment Loss | 1.9M | 302,900 | 970,400 | 2.6M | 337,000 |
| Other Income | 19.6M | 87.5M | 58.0M | 64.7M | 14.3M |
| Income Before Tax | 32.1M | 128.0M | 214.0M | 263.0M | 288.0M |
| Income Tax | -3.5M | 14.1M | 31.3M | 34.2M | 41.1M |
| Net Income | 35.6M | 114.0M | 183.0M | 229.0M | 247.0M |
| Net Margin % | 8.2% | 34.3% | 35.4% | 41.0% | 46.7% |
| Net Income Attributable | 34.3M | 114.0M | 183.0M | 229.0M | 247.0M |
| Minority Interest | 1.3M | -- | -- | -- | -- |
| Eps Basic | 0.51 | 1.71 | 3.66 | 4.57 | 4.93 |
| Eps Diluted | 0.51 | 1.71 | 3.66 | 4.57 | 4.93 |
| 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 | 482.0M | 764.0M | 1.1B | 164.0M | 93.8M |
| Accounts Receivable | 422.0M | 264.0M | 198.0M | 119.0M | 97.4M |
| Notes Receivable | 23.1M | 972,500 | -- | -- | -- |
| Notes And Accounts Receivable | 445.0M | 265.0M | 198.0M | 119.0M | 97.4M |
| Prepayments | 18.7M | 14.9M | 14.0M | 8.3M | 9.2M |
| Inventory | 454.0M | 316.0M | 200.0M | 171.0M | 264.0M |
| Total Current Assets | 1.5B | 1.5B | 1.6B | 556.0M | 565.0M |
| Long Term Equity Investment | 17.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 326.0M | 257.0M | 232.0M | 104.0M |
| Fixed Assets Total | 532.0M | 326.0M | 257.0M | 232.0M | 104.0M |
| Construction In Progress | -- | 166.0M | 52.9M | 30.3M | 46.7M |
| Construction In Progress Total | 82.9M | 166.0M | 52.9M | 30.3M | 46.7M |
| Intangible Assets | 63.9M | 60.9M | 17.2M | 16.6M | 15.9M |
| Long Term Deferred Expenses | 3.9M | 358,900 | 563,900 | 769,000 | 974,100 |
| Total Non Current Assets | 775.0M | 587.0M | 347.0M | 300.0M | 177.0M |
| Total Assets | 2.3B | 2.0B | 1.9B | 855.0M | 741.0M |
| Short Term Borrowings | 53.4M | -- | 17.4M | 47.5M | 50.5M |
| Accounts Payable | 166.0M | 92.1M | 76.4M | 85.5M | 68.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 30.1M | 33.1M | 43.1M | 87.0M | 193.0M |
| Total Current Liabilities | 308.0M | 152.0M | 164.0M | 271.0M | 391.0M |
| Long Term Borrowings | 10.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 20.5M | 6.5M | 6.5M | 7.5M | 2.9M |
| Total Liabilities | 328.0M | 159.0M | 170.0M | 279.0M | 394.0M |
| Paid In Capital | 66.7M | 66.7M | 66.7M | 50.0M | 50.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 187.0M | 187.0M |
| Surplus Reserve | 73.9M | 68.7M | 55.7M | 35.0M | 10.3M |
| Retained Earnings | 543.0M | 567.0M | 466.0M | 304.0M | 100.0M |
| Minority Equity | 62.9M | -- | -- | -- | -- |
| Equity Attributable | 1.9B | 1.9B | 1.8B | 577.0M | 348.0M |
| Total Equity | 1.9B | 1.9B | 1.8B | 577.0M | 348.0M |
| 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 | 397.0M | 246.0M | 418.0M | 477.0M | 502.0M |
| Tax Refunds Received | 5.9M | 11.6M | 64.7M | 39.8M | 19.1M |
| Total Operating Cash Inflow | 441.0M | 360.0M | 566.0M | 556.0M | 529.0M |
| Cash Paid For Goods | 325.0M | 297.0M | 306.0M | 166.0M | 242.0M |
| Cash Paid To Employees | 87.3M | 73.8M | 75.4M | 56.5M | 58.1M |
| Taxes Paid | 25.5M | 36.8M | 101.0M | 108.0M | 56.3M |
| Total Operating Cash Outflow | 480.0M | 430.0M | 504.0M | 389.0M | 382.0M |
| Operating Cash Flow | -39.0M | -70.2M | 62.3M | 167.0M | 147.0M |
| Total Investing Cash Inflow | 13,800 | 434,100 | 0.00 | 0.00 | 5.1M |
| Total Investing Cash Outflow | 185.0M | 247.0M | 66.7M | 126.0M | 80.7M |
| Investing Cash Flow | -185.0M | -247.0M | -66.7M | -126.0M | -75.7M |
| Cash From Borrowings | 5.5M | -- | 17.4M | 47.5M | 61.1M |
| Dividends And Interest Paid | 53.9M | 127,100 | 924,300 | 11.7M | 42.5M |
| Debt Repayments | 7.7M | 17.4M | 47.5M | 50.5M | 48.8M |
| Total Financing Cash Inflow | 11.3M | 0.00 | 1.1B | 47.8M | 62.6M |
| Total Financing Cash Outflow | 76.9M | 18.6M | 71.1M | 65.5M | 93.5M |
| Financing Cash Flow | -65.5M | -18.6M | 979.0M | -17.7M | -30.9M |
| Net Change In Cash | -289.0M | -335.0M | 974.0M | 21.5M | 40.6M |
| Ending Cash Balance | 456.0M | 745.0M | 1.1B | 106.0M | 84.3M |
| Capex | 134.0M | 247.0M | 66.7M | 126.0M | 75.7M |