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 | 770.0M | 400.0M | 407.0M | 502.0M | 400.0M |
| Revenue Growth % | 92.5% | -1.7% | -18.9% | 25.5% | -- |
| Total Revenue | 770.0M | 400.0M | 407.0M | 502.0M | 400.0M |
| Cost Of Revenue | 591.0M | 290.0M | 251.0M | 273.0M | 208.0M |
| Gross Profit | 179.0M | 110.0M | 156.0M | 229.0M | 192.0M |
| Gross Margin % | 23.2% | 27.5% | 38.3% | 45.6% | 48.0% |
| Total Operating Cost | 764.0M | 446.0M | 357.0M | 366.0M | 275.0M |
| Selling Expenses | 36.0M | 34.1M | 16.8M | 13.1M | 9.2M |
| Admin Expenses | 53.6M | 43.5M | 34.1M | 30.6M | 23.2M |
| Rd Expenses | 59.6M | 69.7M | 51.4M | 43.5M | 26.1M |
| Finance Expenses | 3.5M | -261,100 | -261,700 | 838,600 | 225,400 |
| Operating Income | 11.7M | -26.9M | 77.2M | 148.0M | 133.0M |
| Operating Margin % | 1.5% | -6.7% | 19.0% | 29.5% | 33.2% |
| Non Operating Income | 1,300 | 4.8M | 2,300 | 11,300 | 11,000 |
| Non Operating Expenses | 25,600 | 69,400 | 1,100 | 310,600 | 115,700 |
| Investment Income | 822,900 | 7.9M | 10.8M | -66,000 | -439,700 |
| Fair Value Change Income | -- | -- | -222,300 | -- | -- |
| Asset Disposal Income | 62,500 | 23,300 | -- | 1,000 | -- |
| Asset Impairment Loss | 8.7M | 5.4M | 1.4M | 2.6M | 1.0M |
| Other Income | 4.8M | 10.4M | 16.1M | 11.8M | 7.7M |
| Income Before Tax | 11.7M | -22.2M | 77.2M | 147.0M | 132.0M |
| Income Tax | -3.8M | -11.0M | 5.3M | 17.2M | 17.5M |
| Net Income | 15.5M | -11.2M | 71.9M | 130.0M | 115.0M |
| Net Margin % | 2.0% | -2.8% | 17.7% | 25.9% | 28.7% |
| Net Income Attributable | 17.1M | -9.6M | 72.0M | 130.0M | 115.0M |
| Minority Interest | -1.6M | -1.6M | -141,800 | -- | -- |
| Eps Basic | 0.17 | -0.09 | 0.72 | 1.69 | 2.40 |
| Eps Diluted | 0.17 | -0.09 | 0.72 | 1.69 | 2.40 |
| 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 | 646.0M | 666.0M | 745.0M | 175.0M | 124.0M |
| Trading Financial Assets | -- | -- | 49.8M | -- | -- |
| Accounts Receivable | 266.0M | 146.0M | 110.0M | 90.1M | 119.0M |
| Notes Receivable | 7.3M | 5.8M | 45.8M | 94.2M | 54.3M |
| Notes And Accounts Receivable | 273.0M | 152.0M | 156.0M | 184.0M | 174.0M |
| Prepayments | 8.6M | 7.5M | 7.9M | 3.6M | 8.1M |
| Inventory | 218.0M | 107.0M | 98.5M | 119.0M | 77.3M |
| Total Current Assets | 1.2B | 968.0M | 1.1B | 507.0M | 392.0M |
| Long Term Equity Investment | 49.2M | 16.7M | -- | -- | -- |
| Fixed Assets | -- | 29.6M | 20.3M | 7.8M | 5.2M |
| Fixed Assets Total | 59.2M | 29.6M | 20.3M | 7.8M | 5.2M |
| Construction In Progress | -- | 48.5M | 1.8M | -- | -- |
| Construction In Progress Total | 224.0M | 48.5M | 1.8M | -- | -- |
| Intangible Assets | 17.0M | 18.2M | 17.4M | 622,900 | 119,000 |
| Long Term Deferred Expenses | 5.8M | 8.5M | 5.8M | 7.1M | -- |
| Total Non Current Assets | 471.0M | 204.0M | 89.0M | 45.1M | 9.5M |
| Total Assets | 1.7B | 1.2B | 1.2B | 552.0M | 402.0M |
| Short Term Borrowings | 122.0M | -- | -- | -- | -- |
| Accounts Payable | 371.0M | 72.4M | 60.4M | 67.6M | 69.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 18.9M | 1.1M | 482,100 | 205,200 | 264,600 |
| Total Current Liabilities | 596.0M | 150.0M | 122.0M | 138.0M | 134.0M |
| Long Term Borrowings | 98.5M | -- | -- | -- | -- |
| Total Non Current Liabilities | 111.0M | 19.8M | 16.7M | 15.8M | -- |
| Total Liabilities | 707.0M | 169.0M | 138.0M | 154.0M | 134.0M |
| Paid In Capital | 103.0M | 103.0M | 103.0M | 55.1M | 55.1M |
| Capital Reserve | 736.0M | 735.0M | 725.0M | 168.0M | 168.0M |
| Surplus Reserve | 24.6M | 23.3M | 23.3M | 17.0M | 4.2M |
| Retained Earnings | 145.0M | 150.0M | 180.0M | 159.0M | 41.0M |
| Minority Equity | 301,200 | -1.7M | -141,800 | -- | -- |
| Equity Attributable | 993.0M | 1.0B | 1.0B | 398.0M | 268.0M |
| Total Equity | 993.0M | 1.0B | 1.0B | 398.0M | 268.0M |
| 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 | 704.0M | 369.0M | 385.0M | 432.0M | 314.0M |
| Tax Refunds Received | 764,300 | 138,800 | 615,600 | 4.9M | 2.3M |
| Total Operating Cash Inflow | 718.0M | 390.0M | 404.0M | 445.0M | 322.0M |
| Cash Paid For Goods | 425.0M | 218.0M | 143.0M | 208.0M | 164.0M |
| Cash Paid To Employees | 139.0M | 119.0M | 99.6M | 69.9M | 38.3M |
| Taxes Paid | 25.8M | 22.1M | 26.1M | 61.2M | 35.5M |
| Total Operating Cash Outflow | 644.0M | 394.0M | 296.0M | 364.0M | 259.0M |
| Operating Cash Flow | 74.8M | -4.2M | 108.0M | 81.7M | 63.1M |
| Total Investing Cash Inflow | 2.6B | 3.0B | 1.2B | 294.0M | 95.9M |
| Total Investing Cash Outflow | 2.9B | 3.0B | 1.3B | 307.0M | 81.9M |
| Investing Cash Flow | -267.0M | -50.2M | -93.7M | -12.9M | 13.9M |
| Cash From Borrowings | 222.0M | -- | -- | -- | 13.0M |
| Dividends And Interest Paid | 24.2M | 21.5M | 44.1M | -- | 50.2M |
| Debt Repayments | 500,000 | 0.00 | 0.00 | 0.00 | 21.0M |
| Total Financing Cash Inflow | 226.0M | 7.9M | 633.0M | 0.00 | 93.6M |
| Total Financing Cash Outflow | 52.4M | 32.4M | 80.4M | 8.7M | 71.2M |
| Financing Cash Flow | 173.0M | -24.5M | 553.0M | -8.7M | 22.4M |
| Net Change In Cash | -18.9M | -78.9M | 567.0M | 60.1M | 99.4M |
| Ending Cash Balance | 644.0M | 663.0M | 742.0M | 175.0M | 115.0M |
| Capex | 232.0M | 74.1M | 39.4M | 14.2M | 4.9M |