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 | 348.0M | 298.0M | 312.0M | 288.0M | 323.0M |
| Revenue Growth % | 16.8% | -4.5% | 8.3% | -10.8% | -- |
| Total Revenue | 348.0M | 298.0M | 312.0M | 288.0M | 323.0M |
| Cost Of Revenue | 256.0M | 213.0M | 244.0M | 221.0M | 242.0M |
| Gross Profit | 92.0M | 85.0M | 68.0M | 67.0M | 81.0M |
| Gross Margin % | 26.4% | 28.5% | 21.8% | 23.3% | 25.1% |
| Total Operating Cost | 389.0M | 359.0M | 367.0M | 332.0M | 335.0M |
| Selling Expenses | 32.5M | 44.2M | 35.7M | 36.0M | 31.4M |
| Admin Expenses | 39.8M | 41.4M | 38.2M | 36.8M | 35.3M |
| Rd Expenses | 34.6M | 34.4M | 30.5M | 24.5M | 25.4M |
| Finance Expenses | 14.8M | 13.9M | 9.8M | 6.5M | 2.7M |
| Operating Income | -57.0M | -44.8M | -40.1M | -32.7M | 8.3M |
| Operating Margin % | -16.4% | -15.0% | -12.8% | -11.4% | 2.6% |
| Non Operating Income | 1.2M | 476,300 | 90,900 | 2.6M | 778,400 |
| Non Operating Expenses | 91,700 | 37,000 | 763,700 | 1.6M | 1.8M |
| Investment Income | 77,600 | 0.00 | 4.5M | 25,100 | -- |
| Fair Value Change Income | -30.0M | -- | -- | -- | -- |
| Asset Disposal Income | -781,000 | -3.4M | -2.6M | -2.1M | -43,300 |
| Asset Impairment Loss | 5.8M | 8.3M | 11.6M | 9.3M | 4.2M |
| Other Income | 14.4M | 20.4M | 13.4M | 13.8M | 20.6M |
| Income Before Tax | -55.9M | -44.4M | -40.7M | -31.7M | 7.3M |
| Income Tax | -1.0M | -797,500 | -264,100 | 2.3M | 1.3M |
| Net Income | -54.9M | -43.6M | -40.5M | -33.9M | 5.9M |
| Net Margin % | -15.8% | -14.6% | -13.0% | -11.8% | 1.8% |
| Net Income Attributable | -52.9M | -43.1M | -40.2M | -32.7M | 6.3M |
| Minority Interest | -2.1M | -557,200 | -300,600 | -1.2M | -398,900 |
| Eps Basic | -0.21 | -0.17 | -0.16 | -0.15 | 0.03 |
| Eps Diluted | -0.21 | -0.17 | -0.16 | -0.15 | 0.03 |
| 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 | 132.0M | 147.0M | 257.0M | 159.0M | 71.7M |
| Trading Financial Assets | -- | -- | -- | 200.0M | -- |
| Accounts Receivable | 167.0M | 127.0M | 120.0M | 159.0M | 207.0M |
| Notes Receivable | 5.8M | 7.4M | 8.7M | 12.8M | 9.2M |
| Notes And Accounts Receivable | 172.0M | 135.0M | 129.0M | 171.0M | 216.0M |
| Prepayments | 10.1M | 13.2M | 7.4M | 7.1M | 10.9M |
| Inventory | 186.0M | 190.0M | 187.0M | 186.0M | 205.0M |
| Total Current Assets | 564.0M | 564.0M | 630.0M | 787.0M | 571.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 336.0M | 345.0M | 339.0M | 306.0M |
| Fixed Assets Total | 387.0M | 336.0M | 345.0M | 339.0M | 306.0M |
| Construction In Progress | -- | 348.0M | 313.0M | 294.0M | 266.0M |
| Construction In Progress Total | 380.0M | 348.0M | 313.0M | 294.0M | 266.0M |
| Intangible Assets | 46.3M | 44.3M | 31.6M | 29.9M | 33.0M |
| Long Term Deferred Expenses | 10.1M | 11.9M | 13.3M | 14.7M | 15.6M |
| Total Non Current Assets | 1.1B | 977.0M | 932.0M | 906.0M | 772.0M |
| Total Assets | 1.6B | 1.5B | 1.6B | 1.7B | 1.3B |
| Short Term Borrowings | 92.7M | 57.2M | 47.8M | 90.3M | 51.7M |
| Accounts Payable | 69.3M | 69.7M | 56.6M | 62.6M | 90.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 56.4M | 51.7M | 35.8M | 33.0M | 27.6M |
| Total Current Liabilities | 426.0M | 282.0M | 228.0M | 296.0M | 253.0M |
| Long Term Borrowings | 93.4M | 129.0M | 165.0M | 201.0M | 231.0M |
| Total Non Current Liabilities | 186.0M | 201.0M | 233.0M | 256.0M | 268.0M |
| Total Liabilities | 611.0M | 483.0M | 461.0M | 552.0M | 522.0M |
| Paid In Capital | 248.0M | 248.0M | 248.0M | 248.0M | 221.0M |
| Capital Reserve | 642.0M | 642.0M | 642.0M | 642.0M | 316.0M |
| Surplus Reserve | 74.5M | 74.5M | 73.8M | 73.8M | 73.8M |
| Retained Earnings | 40.2M | 93.1M | 137.0M | 177.0M | 209.0M |
| Minority Equity | -544,700 | 1.5M | 583,700 | 882,200 | 1.9M |
| Equity Attributable | 1.0B | 1.1B | 1.1B | 1.1B | 820.0M |
| Total Equity | 1.0B | 1.1B | 1.1B | 1.1B | 822.0M |
| 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 | 298.0M | 282.0M | 348.0M | 329.0M | 316.0M |
| Tax Refunds Received | 2.0M | 3.2M | 20.9M | 7.8M | 5.0M |
| Total Operating Cash Inflow | 407.0M | 463.0M | 419.0M | 377.0M | 379.0M |
| Cash Paid For Goods | 174.0M | 209.0M | 244.0M | 218.0M | 197.0M |
| Cash Paid To Employees | 94.6M | 94.9M | 86.0M | 80.6M | 73.1M |
| Taxes Paid | 17.7M | 26.9M | 15.6M | 13.5M | 16.4M |
| Total Operating Cash Outflow | 426.0M | 466.0M | 461.0M | 395.0M | 348.0M |
| Operating Cash Flow | -19.0M | -3.3M | -41.7M | -17.5M | 30.7M |
| Total Investing Cash Inflow | 34.0M | 18.6M | 497.0M | 300,000 | 1.2M |
| Total Investing Cash Outflow | 48.0M | 26.4M | 320.0M | 264.0M | 53.0M |
| Investing Cash Flow | -14.0M | -7.8M | 178.0M | -264.0M | -51.8M |
| Cash From Borrowings | 104.0M | 87.1M | 48.0M | 149.0M | 103.0M |
| Dividends And Interest Paid | 10.0M | 12.7M | 14.6M | 18.0M | 20.0M |
| Debt Repayments | 99.0M | 114.0M | 126.0M | 117.0M | 61.8M |
| Total Financing Cash Inflow | 116.0M | 91.3M | 59.4M | 509.0M | 119.0M |
| Total Financing Cash Outflow | 110.0M | 129.0M | 155.0M | 141.0M | 89.6M |
| Financing Cash Flow | 5.9M | -38.0M | -95.6M | 369.0M | 29.5M |
| Net Change In Cash | -27.1M | -49.2M | 40.4M | 87.5M | 8.3M |
| Ending Cash Balance | 120.0M | 147.0M | 196.0M | 156.0M | 68.2M |
| Capex | 18.0M | 26.4M | 27.0M | 33.9M | 53.0M |