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 | 601.0M | 491.0M | 702.0M | 887.0M | 752.0M |
| Revenue Growth % | 22.4% | -30.1% | -20.9% | 18.0% | -- |
| Total Revenue | 601.0M | 491.0M | 702.0M | 887.0M | 752.0M |
| Cost Of Revenue | 525.0M | 450.0M | 588.0M | 715.0M | 590.0M |
| Gross Profit | 76.0M | 41.0M | 114.0M | 172.0M | 162.0M |
| Gross Margin % | 12.6% | 8.4% | 16.2% | 19.4% | 21.5% |
| Total Operating Cost | 594.0M | 512.0M | 652.0M | 795.0M | 655.0M |
| Selling Expenses | 4.2M | 4.3M | 7.0M | 5.2M | 7.9M |
| Admin Expenses | 26.9M | 26.2M | 23.0M | 28.6M | 22.0M |
| Rd Expenses | 18.7M | 20.5M | 27.6M | 34.5M | 25.7M |
| Finance Expenses | 3.2M | 5.0M | -1.4M | 2.9M | 1.1M |
| Operating Income | 22.6M | -11.0M | 65.7M | 97.7M | 104.0M |
| Operating Margin % | 3.8% | -2.2% | 9.4% | 11.0% | 13.8% |
| Non Operating Income | 200.00 | 141,600 | 137,900 | 155,300 | 216,400 |
| Non Operating Expenses | 671,000 | 3.6M | 567,600 | 649,600 | 790,700 |
| Investment Income | 4.9M | 5.9M | -216,900 | -1.6M | -699,900 |
| Fair Value Change Income | 525,500 | 518,700 | 14,000 | -35,000 | -111,800 |
| Asset Disposal Income | -99,800 | -18,800 | -318,400 | 8,800 | 3.4M |
| Asset Impairment Loss | 7.6M | 6.9M | 2.1M | 1.4M | 822,500 |
| Other Income | 9.8M | 3.9M | 15.9M | 7.5M | 4.5M |
| Income Before Tax | 22.0M | -14.4M | 65.3M | 97.2M | 103.0M |
| Income Tax | 2.5M | -1.6M | 6.5M | 10.9M | 15.3M |
| Net Income | 19.5M | -12.8M | 58.8M | 86.3M | 88.0M |
| Net Margin % | 3.2% | -2.6% | 8.4% | 9.7% | 11.7% |
| Net Income Attributable | 20.3M | -12.5M | 58.8M | 86.3M | 88.0M |
| Minority Interest | -799,800 | -317,100 | -- | -- | -- |
| Eps Basic | 0.27 | -0.17 | 0.90 | 1.54 | 1.57 |
| Eps Diluted | 0.27 | -0.17 | 0.90 | 1.54 | 1.57 |
| 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 | 71.3M | 163.0M | 257.0M | 61.8M | 65.7M |
| Trading Financial Assets | 221.0M | 185.0M | 117.0M | 29.8M | 3.5M |
| Accounts Receivable | 336.0M | 279.0M | 288.0M | 202.0M | 189.0M |
| Notes Receivable | 28.5M | 15.1M | 87.4M | 129.0M | 92.3M |
| Notes And Accounts Receivable | 365.0M | 295.0M | 375.0M | 331.0M | 281.0M |
| Prepayments | 27.6M | 38.5M | 25.1M | 7.8M | 2.5M |
| Inventory | 106.0M | 102.0M | 94.4M | 93.2M | 82.7M |
| Total Current Assets | 834.0M | 793.0M | 876.0M | 529.0M | 439.0M |
| Fixed Assets | -- | 120.0M | 123.0M | 113.0M | 74.6M |
| Fixed Assets Total | 233.0M | 120.0M | 123.0M | 113.0M | 74.6M |
| Construction In Progress | -- | 139.0M | 76.3M | 12.3M | 20.6M |
| Construction In Progress Total | 110.0M | 139.0M | 76.3M | 12.3M | 20.6M |
| Intangible Assets | 44.4M | 45.5M | 19.2M | 20.2M | 18.8M |
| Long Term Deferred Expenses | 116,500 | 393,800 | 703,900 | -- | 71,700 |
| Total Non Current Assets | 405.0M | 319.0M | 228.0M | 151.0M | 120.0M |
| Total Assets | 1.2B | 1.1B | 1.1B | 680.0M | 558.0M |
| Short Term Borrowings | 201.0M | 58.6M | 94.1M | 113.0M | 106.0M |
| Accounts Payable | 81.9M | 67.4M | 81.7M | 111.0M | 114.0M |
| Advance Receipts | 53,500 | -- | -- | -- | -- |
| Contract Liabilities | 277,500 | 69,700 | 12,200 | 183,700 | 141,100 |
| Total Current Liabilities | 429.0M | 277.0M | 320.0M | 339.0M | 305.0M |
| Long Term Borrowings | 32.0M | 78.1M | -- | -- | -- |
| Total Non Current Liabilities | 69.0M | 113.0M | 24.1M | 2.1M | 648,700 |
| Total Liabilities | 498.0M | 390.0M | 344.0M | 341.0M | 305.0M |
| Paid In Capital | 74.7M | 74.7M | 74.7M | 56.0M | 56.0M |
| Capital Reserve | 484.0M | 484.0M | 480.0M | 96.3M | 96.3M |
| Surplus Reserve | 23.4M | 21.9M | 21.9M | 16.7M | 9.5M |
| Retained Earnings | 160.0M | 141.0M | 184.0M | 170.0M | 90.8M |
| Minority Equity | -1.1M | -317,100 | -- | -- | -- |
| Equity Attributable | 742.0M | 722.0M | 760.0M | 339.0M | 253.0M |
| Total Equity | 741.0M | 721.0M | 760.0M | 339.0M | 253.0M |
| 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 | 376.0M | 379.0M | 488.0M | 623.0M | 564.0M |
| Tax Refunds Received | 548,500 | 187,100 | 491,200 | 27,300 | -- |
| Total Operating Cash Inflow | 406.0M | 429.0M | 584.0M | 674.0M | 576.0M |
| Cash Paid For Goods | 416.0M | 432.0M | 534.0M | 715.0M | 542.0M |
| Cash Paid To Employees | 83.2M | 74.0M | 76.2M | 79.7M | 67.2M |
| Taxes Paid | 11.7M | 24.7M | 31.3M | 36.9M | 34.7M |
| Total Operating Cash Outflow | 537.0M | 569.0M | 694.0M | 917.0M | 708.0M |
| Operating Cash Flow | -132.0M | -140.0M | -110.0M | -243.0M | -132.0M |
| Total Investing Cash Inflow | 993.0M | 1.3B | 1.0B | 259.0M | 266.0M |
| Total Investing Cash Outflow | 1.1B | 1.5B | 1.2B | 314.0M | 281.0M |
| Investing Cash Flow | -141.0M | -162.0M | -170.0M | -55.0M | -14.9M |
| Cash From Borrowings | 252.0M | 311.0M | 174.0M | 312.0M | 201.0M |
| Dividends And Interest Paid | 7.0M | 33.4M | 41.6M | 5.6M | 16.5M |
| Debt Repayments | 64.0M | 56.0M | 41.0M | 21.0M | 19.8M |
| Total Financing Cash Inflow | 252.0M | 315.0M | 600.0M | 312.0M | 201.0M |
| Total Financing Cash Outflow | 71.0M | 89.4M | 108.0M | 28.2M | 36.3M |
| Financing Cash Flow | 181.0M | 226.0M | 492.0M | 284.0M | 165.0M |
| Net Change In Cash | -91.0M | -75.8M | 212.0M | -14.1M | 17.4M |
| Ending Cash Balance | 54.9M | 146.0M | 222.0M | 9.9M | 24.1M |
| Capex | 111.0M | 101.0M | 84.2M | 29.7M | 34.4M |