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 | 220.0M | 155.0M | 135.0M | 184.0M | 139.0M |
| Revenue Growth % | 41.9% | 14.8% | -26.6% | 32.4% | -- |
| Total Revenue | 220.0M | 155.0M | 135.0M | 184.0M | 139.0M |
| Cost Of Revenue | 174.0M | 134.0M | 122.0M | 158.0M | 124.0M |
| Gross Profit | 46.0M | 21.0M | 13.0M | 26.0M | 15.0M |
| Gross Margin % | 20.9% | 13.5% | 9.6% | 14.1% | 10.8% |
| Total Operating Cost | 239.0M | 173.0M | 163.0M | 208.0M | 173.0M |
| Selling Expenses | 7.8M | 5.6M | 5.7M | 5.1M | 4.3M |
| Admin Expenses | 39.1M | 26.0M | 24.6M | 30.7M | 30.8M |
| Rd Expenses | 9.8M | 3.4M | 4.3M | 4.4M | 3.6M |
| Finance Expenses | 3,800 | -516,000 | -1.6M | 23,600 | 482,800 |
| Operating Income | -15.1M | 3.7M | -26.3M | -22.4M | -31.1M |
| Operating Margin % | -6.9% | 2.4% | -19.5% | -12.1% | -22.4% |
| Non Operating Income | 561,000 | 166,800 | 827,200 | 28,700 | 47,500 |
| Non Operating Expenses | 635,100 | 2.2M | 345,700 | 1.1M | 180,000 |
| Investment Income | 14,700 | -- | -- | -- | -- |
| Fair Value Change Income | 2.9M | 12.4M | -- | -- | -- |
| Asset Disposal Income | 202,400 | 7.9M | 338,100 | 120,000 | 313,300 |
| Asset Impairment Loss | 3.8M | 4.1M | 6.3M | 7.7M | 8.3M |
| Other Income | 890,200 | 1.2M | 1.1M | 1.5M | 1.7M |
| Income Before Tax | -15.2M | 1.7M | -25.8M | -23.4M | -31.2M |
| Income Tax | -790,700 | 698,900 | -347,800 | 2.6M | 290,000 |
| Net Income | -14.4M | 964,400 | -25.5M | -26.0M | -31.5M |
| Net Margin % | -6.6% | 0.6% | -18.9% | -14.1% | -22.7% |
| Net Income Attributable | -17.6M | 964,400 | -25.5M | -26.0M | -31.5M |
| Minority Interest | 3.2M | -- | -- | -- | -- |
| Eps Basic | -0.06 | 0.00 | -0.09 | -0.09 | -0.11 |
| Eps Diluted | -0.06 | 0.00 | -0.09 | -0.09 | -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 | 26.1M | 91.5M | 102.0M | 67.4M | 185.0M |
| Accounts Receivable | 110.0M | 37.1M | 29.9M | 49.3M | 38.8M |
| Notes Receivable | 2.1M | 402,400 | 3.2M | 2.2M | 1.8M |
| Notes And Accounts Receivable | 112.0M | 37.5M | 33.1M | 51.4M | 40.5M |
| Prepayments | 3.5M | 234,500 | 776,900 | 468,600 | 3.9M |
| Inventory | 90.1M | 19.4M | 17.3M | 40.1M | 23.3M |
| Total Current Assets | 238.0M | 164.0M | 170.0M | 217.0M | 260.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 87.3M | 90.5M | 94.8M | 96.6M |
| Fixed Assets Total | 21.7M | 87.3M | 89.7M | 94.8M | 96.6M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 6.4M | -- | -- | -- | -- |
| Long Term Deferred Expenses | 5.4M | 6.2M | 985,200 | 1.0M | 401,800 |
| Total Non Current Assets | 211.0M | 153.0M | 120.0M | 143.0M | 101.0M |
| Total Assets | 449.0M | 316.0M | 290.0M | 360.0M | 361.0M |
| Short Term Borrowings | 15.0M | -- | -- | -- | -- |
| Accounts Payable | 80.3M | 23.9M | 18.5M | 34.2M | 30.0M |
| Advance Receipts | -- | 350,000 | 347,700 | 261,400 | 245,300 |
| Contract Liabilities | 4.0M | 624,900 | 109,100 | 1.1M | 712,600 |
| Total Current Liabilities | 186.0M | 39.6M | 27.3M | 74.3M | 60.7M |
| Long Term Borrowings | -- | 14.7M | 14.7M | -- | -- |
| Total Non Current Liabilities | 14.7M | 28.7M | 15.8M | 13.4M | 2.5M |
| Total Liabilities | 201.0M | 68.3M | 43.1M | 87.7M | 63.2M |
| Paid In Capital | 280.0M | 280.0M | 280.0M | 280.0M | 280.0M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B |
| Surplus Reserve | 15.9M | 15.9M | 15.9M | 15.9M | 15.9M |
| Retained Earnings | -1.8B | -1.8B | -1.8B | -1.7B | -1.7B |
| Minority Equity | 16.9M | -- | -- | -- | -- |
| Equity Attributable | 231.0M | 248.0M | 247.0M | 272.0M | 298.0M |
| Total Equity | 248.0M | 248.0M | 247.0M | 272.0M | 298.0M |
| 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 | 349.0M | 134.0M | 119.0M | 140.0M | 114.0M |
| Tax Refunds Received | 9.1M | 4.2M | 3.9M | 6.0M | 4.1M |
| Total Operating Cash Inflow | 372.0M | 139.0M | 125.0M | 150.0M | 312.0M |
| Cash Paid For Goods | 354.0M | 82.1M | 61.8M | 115.0M | 82.1M |
| Cash Paid To Employees | 37.1M | 40.6M | 45.9M | 43.1M | 43.1M |
| Taxes Paid | 6.9M | 1.6M | 3.2M | 4.0M | 2.9M |
| Total Operating Cash Outflow | 412.0M | 147.0M | 125.0M | 183.0M | 152.0M |
| Operating Cash Flow | -40.1M | -7.3M | 50,800 | -33.0M | 161.0M |
| Total Investing Cash Inflow | 8.8M | 974,000 | 47.6M | 253,800 | 597,000 |
| Total Investing Cash Outflow | 78.7M | 6.1M | 667,000 | 75.3M | 692,700 |
| Investing Cash Flow | -69.9M | -5.1M | 46.9M | -75.1M | -95,700 |
| Cash From Borrowings | 54.0M | -- | 14.7M | -- | -- |
| Dividends And Interest Paid | 752,800 | 775,500 | 251,000 | -- | 2.1M |
| Debt Repayments | -- | -- | -- | -- | 41.5M |
| Total Financing Cash Inflow | 54.0M | 147,100 | 14.7M | -- | -- |
| Total Financing Cash Outflow | 6.6M | 2.8M | 7.6M | 7.4M | 43.6M |
| Financing Cash Flow | 47.4M | -2.6M | 7.1M | -7.4M | -43.6M |
| Net Change In Cash | -61.8M | -15.1M | 54.1M | -115.0M | 117.0M |
| Ending Cash Balance | 25.1M | 86.9M | 102.0M | 47.9M | 163.0M |
| Capex | 4.4M | 6.1M | 667,000 | 1.2M | 692,700 |