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 | 915.0M | 718.0M | 873.0M | 959.0M | 526.0M |
| Revenue Growth % | 27.4% | -17.8% | -9.0% | 82.3% | -- |
| Total Revenue | 915.0M | 718.0M | 873.0M | 959.0M | 526.0M |
| Cost Of Revenue | 757.0M | 596.0M | 735.0M | 807.0M | 454.0M |
| Gross Profit | 158.0M | 122.0M | 138.0M | 152.0M | 72.0M |
| Gross Margin % | 17.3% | 17.0% | 15.8% | 15.8% | 13.7% |
| Total Operating Cost | 900.0M | 739.0M | 875.0M | 944.0M | 580.0M |
| Selling Expenses | 45.2M | 41.3M | 39.0M | 35.6M | 25.3M |
| Admin Expenses | 53.6M | 53.8M | 55.0M | 49.5M | 50.7M |
| Rd Expenses | 32.8M | 28.3M | 27.4M | 25.1M | 16.1M |
| Finance Expenses | -8.3M | 2.8M | -2.4M | 12.1M | 17.0M |
| Operating Income | 16.4M | 612.0M | 1.1M | 20.6M | -75.5M |
| Operating Margin % | 1.8% | 85.2% | 0.1% | 2.1% | -14.4% |
| Non Operating Income | 3.5M | 1.2M | 3.5M | 31,300 | 378,900 |
| Non Operating Expenses | 2.4M | 8.9M | 416.0M | 538.0M | 4.7M |
| Investment Income | 3.7M | 634.0M | 5.4M | 7.0M | 3.9M |
| Fair Value Change Income | -5.7M | -3.3M | -4.2M | -4.2M | -27.4M |
| Asset Disposal Income | -429,500 | -200,800 | -171,200 | -104,500 | -686,900 |
| Asset Impairment Loss | 1.6M | 8.4M | 7.2M | 10.0M | 5.6M |
| Other Income | 3.9M | 2.6M | 2.1M | 2.4M | 3.0M |
| Income Before Tax | 17.5M | 604.0M | -411.0M | -518.0M | -79.9M |
| Income Tax | 578,000 | 10.6M | -1.1M | -125,400 | -1.3M |
| Net Income | 16.9M | 594.0M | -410.0M | -517.0M | -78.6M |
| Net Margin % | 1.8% | 82.7% | -47.0% | -53.9% | -14.9% |
| Net Income Attributable | 17.7M | 595.0M | -409.0M | -517.0M | -78.6M |
| Minority Interest | -778,100 | -972,300 | -558,800 | -131,800 | -- |
| Eps Basic | 0.01 | 0.49 | -0.34 | -0.75 | -0.11 |
| Eps Diluted | 0.01 | 0.49 | -0.34 | -0.75 | -0.11 |
| 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 | 82.0M | 138.0M | 122.0M | 132.0M | 97.3M |
| Trading Financial Assets | 20.3M | -- | -- | -- | 72.8M |
| Accounts Receivable | 266.0M | 173.0M | 186.0M | 135.0M | 125.0M |
| Notes Receivable | 10.4M | 275.0M | 10.4M | 2.3M | -- |
| Notes And Accounts Receivable | 277.0M | 448.0M | 197.0M | 137.0M | 125.0M |
| Prepayments | 7.0M | 6.9M | 3.4M | 21.1M | 3.3M |
| Inventory | 315.0M | 322.0M | 368.0M | 475.0M | 244.0M |
| Total Current Assets | 719.0M | 1.3B | 1.0B | 1.2B | 553.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 208.0M | 210.0M | 200.0M | 208.0M |
| Fixed Assets Total | 192.0M | 209.0M | 210.0M | 200.0M | 208.0M |
| Construction In Progress | -- | 1.9M | 2.1M | 13.5M | 2.2M |
| Construction In Progress Total | 2.4M | 1.9M | 2.1M | 13.5M | 2.2M |
| Intangible Assets | 34.2M | 35.1M | 35.7M | 37.1M | 35.6M |
| Long Term Deferred Expenses | 4.5M | 4.2M | 4.3M | 6.3M | 7.3M |
| Total Non Current Assets | 265.0M | 286.0M | 308.0M | 310.0M | 309.0M |
| Total Assets | 983.0M | 1.6B | 1.4B | 1.5B | 862.0M |
| Short Term Borrowings | 9.0M | 359.0M | 142.0M | 139.0M | -- |
| Accounts Payable | 216.0M | 160.0M | 134.0M | 252.0M | 173.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 14.9M | 14.3M | 11.3M | 20.1M | 5.5M |
| Total Current Liabilities | 342.0M | 991.0M | 686.0M | 812.0M | 231.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 4.5M | 11.0M | 962.0M | 537.0M | 868,100 |
| Total Liabilities | 347.0M | 1.0B | 1.6B | 1.3B | 231.0M |
| Paid In Capital | 1.2B | 1.2B | 688.0M | 688.0M | 688.0M |
| Capital Reserve | 303.0M | 303.0M | 500.0M | 500.0M | 500.0M |
| Surplus Reserve | 42.8M | 42.8M | 42.8M | 42.8M | 42.8M |
| Retained Earnings | -911.0M | -928.0M | -1.5B | -1.1B | -596.0M |
| Minority Equity | 3.9M | 4.7M | 4.2M | 4.3M | -- |
| Equity Attributable | 633.0M | 618.0M | -297.0M | 112.0M | 630.0M |
| Total Equity | 637.0M | 623.0M | -293.0M | 117.0M | 630.0M |
| 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 | 853.0M | 767.0M | 863.0M | 1.2B | 594.0M |
| Tax Refunds Received | 22.6M | 19.9M | 47.3M | 30.0M | 18.4M |
| Total Operating Cash Inflow | 902.0M | 799.0M | 928.0M | 1.2B | 660.0M |
| Cash Paid For Goods | 1.0B | 461.0M | 707.0M | 796.0M | 542.0M |
| Cash Paid To Employees | 152.0M | 128.0M | 148.0M | 147.0M | 106.0M |
| Taxes Paid | 10.4M | 9.0M | 6.1M | 5.4M | 3.0M |
| Total Operating Cash Outflow | 1.2B | 687.0M | 913.0M | 998.0M | 696.0M |
| Operating Cash Flow | -321.0M | 112.0M | 15.2M | 214.0M | -36.4M |
| Total Investing Cash Inflow | 404.0M | 525.0M | 433.0M | 392.0M | 347.0M |
| Total Investing Cash Outflow | 49.6M | 568.0M | 449.0M | 693.0M | 428.0M |
| Investing Cash Flow | 355.0M | -43.6M | -15.8M | -301.0M | -81.0M |
| Cash From Borrowings | 9.6M | 151.0M | 177.0M | 216.0M | 108.0M |
| Dividends And Interest Paid | 1.2M | 6.8M | 4.9M | 3.8M | 5.1M |
| Debt Repayments | 112.0M | 182.0M | 174.0M | 77.2M | 265.0M |
| Total Financing Cash Inflow | 9.6M | 151.0M | 177.0M | 217.0M | 108.0M |
| Total Financing Cash Outflow | 124.0M | 198.0M | 185.0M | 90.5M | 282.0M |
| Financing Cash Flow | -115.0M | -46.7M | -8.3M | 126.0M | -174.0M |
| Net Change In Cash | -77.3M | 20.1M | -12.4M | 36.8M | -294.0M |
| Ending Cash Balance | 60.0M | 137.0M | 117.0M | 130.0M | 92.8M |
| Capex | 13.5M | 18.7M | 27.2M | 33.1M | 13.9M |