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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 640.0M | 714.0M | 804.0M | 1.3B | 896.0M | 695.0M | 438.0M |
| Revenue Growth % | -10.4% | -11.2% | -37.8% | 44.3% | 28.9% | 58.7% | -- |
| Total Revenue | 640.0M | 714.0M | 804.0M | 1.3B | 896.0M | 695.0M | 438.0M |
| Cost Of Revenue | 559.0M | 607.0M | 679.0M | 1.1B | 719.0M | 577.0M | 363.0M |
| Gross Profit | 81.0M | 107.0M | 125.0M | 202.0M | 177.0M | 118.0M | 75.0M |
| Gross Margin % | 12.7% | 15.0% | 15.5% | 15.6% | 19.8% | 17.0% | 17.1% |
| Total Operating Cost | 622.0M | 668.0M | 720.0M | 1.2B | 810.0M | 635.0M | 408.0M |
| Selling Expenses | 17.4M | 13.0M | 10.6M | 14.2M | 13.9M | 15.0M | 9.0M |
| Admin Expenses | 29.5M | 27.3M | 24.6M | 28.1M | 28.3M | 17.4M | 14.0M |
| Rd Expenses | 18.4M | 23.2M | 27.3M | 33.8M | 26.0M | 21.9M | 18.8M |
| Finance Expenses | -10.7M | -6.2M | -24.2M | 13.1M | 15.0M | -1.3M | -2.4M |
| Operating Income | 19.7M | 49.2M | 81.7M | 106.0M | 86.8M | 60.8M | 31.6M |
| Operating Margin % | 3.1% | 6.9% | 10.2% | 8.2% | 9.7% | 8.8% | 7.2% |
| Non Operating Income | 68,900 | 300.00 | 352,200 | 121,800 | 238,800 | 101,800 | 1.1M |
| Non Operating Expenses | 235,800 | 639,600 | 313,700 | 940,600 | 506,200 | 528,000 | 463,800 |
| Investment Income | -165,900 | 592,300 | -6.0M | -925,400 | -39,500 | 45,700 | 1.4M |
| Fair Value Change Income | 1.00 | -1.1M | -899,600 | -879,700 | -56,800 | 12.00 | -- |
| Asset Disposal Income | -8,900 | 576,600 | 25,900 | -210,500 | -408,300 | 72,100 | -- |
| Asset Impairment Loss | 8.0M | 2.6M | 3.1M | 4.0M | 4.8M | 3.6M | 4.8M |
| Other Income | 1.7M | 3.3M | 4.3M | 1.1M | 991,300 | 1.1M | 97,100 |
| Income Before Tax | 19.5M | 48.6M | 81.8M | 105.0M | 86.5M | 60.4M | 32.1M |
| Income Tax | 930,400 | 4.2M | 7.3M | 12.5M | 17.4M | 8.1M | 3.5M |
| Net Income | 18.6M | 44.3M | 74.5M | 92.3M | 69.1M | 52.3M | 28.6M |
| Net Margin % | 2.9% | 6.2% | 9.3% | 7.1% | 7.7% | 7.5% | 6.5% |
| Net Income Attributable | 12.3M | 35.2M | 62.0M | 80.2M | 61.1M | 47.6M | 26.1M |
| Minority Interest | 6.3M | 9.1M | 12.5M | 12.1M | 8.0M | 4.7M | 2.5M |
| Eps Basic | 0.18 | 0.57 | 1.20 | 1.56 | 1.27 | -- | 0.54 |
| Eps Diluted | 0.18 | 0.57 | 1.20 | 1.56 | 1.27 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 253.0M | 255.0M | 183.0M | 107.0M | 96.1M | 39.4M | 40.1M |
| Trading Financial Assets | 2.0M | -- | -- | -- | 10,000 | 10,000 | -- |
| Accounts Receivable | 240.0M | 308.0M | 247.0M | 445.0M | 365.0M | 245.0M | 213.0M |
| Notes Receivable | 264,100 | -- | 621,100 | -- | -- | -- | 20.0M |
| Notes And Accounts Receivable | 240.0M | 308.0M | 247.0M | 445.0M | 365.0M | 245.0M | 233.0M |
| Prepayments | 6.0M | 4.3M | 928,300 | 854,500 | 9.6M | 6.9M | 2.7M |
| Inventory | 73.5M | 94.7M | 71.0M | 82.2M | 111.0M | 45.5M | 28.8M |
| Total Current Assets | 876.0M | 967.0M | 516.0M | 648.0M | 605.0M | 371.0M | 346.0M |
| Fixed Assets | -- | 36.3M | 32.1M | 29.5M | 36.6M | 30.1M | -- |
| Fixed Assets Total | 38.4M | 36.3M | 32.1M | 29.5M | 36.6M | 30.1M | 22.1M |
| Construction In Progress | -- | 61.0M | 6.7M | 258,000 | -- | -- | -- |
| Construction In Progress Total | 122.0M | 61.0M | 6.7M | 258,000 | -- | -- | -- |
| Intangible Assets | 9.2M | 9.3M | 9.6M | 229,500 | 525,900 | 227,200 | 3,879 |
| Long Term Deferred Expenses | 6.6M | 5.2M | 7.4M | 8.3M | 10.2M | 12.2M | 11.9M |
| Total Non Current Assets | 198.0M | 139.0M | 92.5M | 85.0M | 54.6M | 53.8M | 42.4M |
| Total Assets | 1.1B | 1.1B | 608.0M | 733.0M | 660.0M | 425.0M | 389.0M |
| Short Term Borrowings | -- | -- | 15.0M | 81.1M | 58.0M | -- | -- |
| Accounts Payable | 108.0M | 131.0M | 75.8M | 193.0M | 238.0M | 165.0M | 151.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 14,300 | 6,300 |
| Contract Liabilities | 8,000 | 12,400 | 171,900 | 26,000 | 177,600 | -- | -- |
| Total Current Liabilities | 124.0M | 143.0M | 122.0M | 312.0M | 350.0M | 202.0M | 210.0M |
| Total Non Current Liabilities | 13.3M | 16.7M | 18.7M | 24.4M | 5.2M | 4.7M | 65,300 |
| Total Liabilities | 138.0M | 160.0M | 141.0M | 336.0M | 355.0M | 207.0M | 210.0M |
| Paid In Capital | 68.7M | 68.7M | 51.5M | 51.5M | 51.5M | 12.0M | 12.0M |
| Capital Reserve | 574.0M | 574.0M | 149.0M | 149.0M | 149.0M | 99.1M | 99.1M |
| Surplus Reserve | 13.7M | 10.8M | 8.2M | 5.5M | 2.3M | 8.0M | 4.1M |
| Retained Earnings | 240.0M | 248.0M | 215.0M | 156.0M | 78.5M | 80.6M | 49.9M |
| Minority Equity | 38.7M | 44.9M | 43.3M | 35.4M | 23.3M | 18.5M | 13.8M |
| Equity Attributable | 897.0M | 901.0M | 424.0M | 362.0M | 281.0M | 200.0M | 165.0M |
| Total Equity | 936.0M | 946.0M | 467.0M | 397.0M | 305.0M | 218.0M | 179.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 740.0M | 687.0M | 1.1B | 1.3B | 755.0M | 466.0M | 201.0M |
| Tax Refunds Received | 6.4M | 3.7M | 5.8M | 3.7M | 6.3M | 186,700 | 327,000 |
| Total Operating Cash Inflow | 767.0M | 704.0M | 1.1B | 1.3B | 780.0M | 483.0M | 233.0M |
| Cash Paid For Goods | 570.0M | 609.0M | 789.0M | 1.1B | 670.0M | 354.0M | 168.0M |
| Cash Paid To Employees | 69.6M | 65.3M | 68.9M | 76.2M | 57.5M | 59.7M | 42.4M |
| Taxes Paid | 5.0M | 10.5M | 14.0M | 24.9M | 8.5M | 10.1M | 11.7M |
| Total Operating Cash Outflow | 673.0M | 720.0M | 894.0M | 1.2B | 769.0M | 449.0M | 288.0M |
| Operating Cash Flow | 94.7M | -16.4M | 166.0M | 34.6M | 10.5M | 34.3M | -55.3M |
| Total Investing Cash Inflow | 1.2B | 613.0M | 65.9M | 9.2M | 3.7M | 22.2M | 310.0M |
| Total Investing Cash Outflow | 1.3B | 926.0M | 98.0M | 24.1M | 9.4M | 37.1M | 233.0M |
| Investing Cash Flow | -62.6M | -313.0M | -32.0M | -14.9M | -5.7M | -14.9M | 76.8M |
| Cash From Borrowings | 10.0M | -- | 27.5M | 89.8M | 64.0M | -- | -- |
| Dividends And Interest Paid | 28.9M | 21.3M | 6.7M | 10.7M | 20.7M | 5.8M | 8.3M |
| Debt Repayments | 10.0M | 15.0M | 93.5M | 65.8M | 7.0M | -- | -- |
| Total Financing Cash Inflow | 10.0M | 464.0M | 27.5M | 93.3M | 105.0M | -- | 4.0M |
| Total Financing Cash Outflow | 47.2M | 67.4M | 114.0M | 92.0M | 36.7M | 7.1M | 20.9M |
| Financing Cash Flow | -37.2M | 397.0M | -86.1M | 1.3M | 68.5M | -7.1M | -16.9M |
| Net Change In Cash | -476,400 | 71.8M | 75.3M | 13.8M | 60.2M | 13.8M | 7.2M |
| Ending Cash Balance | 253.0M | 254.0M | 182.0M | 106.0M | 92.6M | 32.4M | 18.6M |
| Capex | 59.3M | 42.9M | 25.1M | 13.5M | 6.9M | 16.7M | 15.9M |