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 | 539.0M | 387.0M | 592.0M | 657.0M | 447.0M |
| Revenue Growth % | 39.3% | -34.6% | -9.9% | 47.0% | -- |
| Total Revenue | 539.0M | 387.0M | 592.0M | 657.0M | 447.0M |
| Cost Of Revenue | 440.0M | 322.0M | 463.0M | 557.0M | 364.0M |
| Gross Profit | 99.0M | 65.0M | 129.0M | 100.0M | 83.0M |
| Gross Margin % | 18.4% | 16.8% | 21.8% | 15.2% | 18.6% |
| Total Operating Cost | 532.0M | 402.0M | 556.0M | 638.0M | 429.0M |
| Selling Expenses | 17.5M | 21.9M | 24.4M | 13.4M | 12.9M |
| Admin Expenses | 41.2M | 46.4M | 47.6M | 38.5M | 24.7M |
| Rd Expenses | 20.4M | 18.0M | 25.5M | 22.4M | 17.9M |
| Finance Expenses | -5.6M | -7.1M | -11.2M | -6,300 | 6.5M |
| Operating Income | 55.9M | 10.8M | 30.7M | 18.2M | 17.3M |
| Operating Margin % | 10.4% | 2.8% | 5.2% | 2.8% | 3.9% |
| Non Operating Income | 6.4M | 22,900 | 544,500 | 5,000 | 3,000 |
| Non Operating Expenses | 538,800 | 172,100 | 199,100 | 481,500 | 245,400 |
| Investment Income | 44.5M | -1.3M | -8.0M | -2.3M | -1.6M |
| Fair Value Change Income | -- | -- | -- | -327,500 | -- |
| Asset Disposal Income | 728,800 | 25.2M | 1.1M | -137,800 | 24,300 |
| Asset Impairment Loss | 2.5M | 205,200 | 219,900 | 1.2M | 948,100 |
| Other Income | 3.5M | 1.5M | 1.7M | 1.7M | 615,200 |
| Income Before Tax | 61.8M | 10.6M | 31.1M | 17.7M | 17.1M |
| Income Tax | 5.4M | 5.4M | 1.4M | -247,300 | 3.9M |
| Net Income | 56.4M | 5.2M | 29.7M | 17.9M | 13.2M |
| Net Margin % | 10.5% | 1.4% | 5.0% | 2.7% | 2.9% |
| Net Income Attributable | 56.4M | 5.2M | 29.7M | 17.9M | 13.2M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.09 | 0.01 | 0.05 | 0.03 | 0.02 |
| Eps Diluted | 0.09 | 0.01 | 0.05 | 0.03 | 0.02 |
| 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 | 437.0M | 267.0M | 306.0M | 401.0M | 362.0M |
| Accounts Receivable | 170.0M | 95.4M | 191.0M | 63.1M | 57.3M |
| Notes Receivable | 8.5M | 12.4M | 10.7M | 10.3M | 10.6M |
| Notes And Accounts Receivable | 179.0M | 108.0M | 202.0M | 73.4M | 67.9M |
| Prepayments | 6.1M | 12.1M | 3.0M | 39.6M | 2.5M |
| Inventory | 127.0M | 140.0M | 84.5M | 82.0M | 65.7M |
| Total Current Assets | 895.0M | 617.0M | 762.0M | 755.0M | 569.0M |
| Long Term Equity Investment | -- | 78.1M | 79.5M | 8.5M | 12.9M |
| Fixed Assets | -- | 155.0M | 179.0M | 194.0M | 389.0M |
| Fixed Assets Total | 142.0M | 155.0M | 179.0M | 194.0M | 389.0M |
| Construction In Progress | -- | 1.1M | 1.9M | 4.6M | 671,000 |
| Construction In Progress Total | 248,900 | 1.1M | 1.9M | 4.6M | 671,000 |
| Intangible Assets | 8.4M | 9.0M | 10.2M | 10.7M | 11.3M |
| Long Term Deferred Expenses | 706,200 | -- | -- | -- | 11.4M |
| Total Non Current Assets | 156.0M | 347.0M | 279.0M | 237.0M | 441.0M |
| Total Assets | 1.1B | 964.0M | 1.0B | 992.0M | 1.0B |
| Short Term Borrowings | 39.4M | 21.9M | 10.0M | -- | 30.4M |
| Accounts Payable | 47.5M | 41.4M | 48.4M | 63.1M | 58.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.8M | 598,900 | 351,700 | 7.2M | 1.8M |
| Total Current Liabilities | 123.0M | 85.8M | 169.0M | 151.0M | 108.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 981,300 | 1.2M | 1.6M | 1.7M | 79.6M |
| Total Liabilities | 124.0M | 87.1M | 171.0M | 152.0M | 188.0M |
| Paid In Capital | 612.0M | 612.0M | 612.0M | 612.0M | 612.0M |
| Capital Reserve | 175.0M | 175.0M | 175.0M | 175.0M | 175.0M |
| Surplus Reserve | 54.9M | 54.4M | 53.5M | 53.5M | 53.5M |
| Retained Earnings | 83.2M | 33.4M | 29.1M | -532,300 | -18.5M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 927.0M | 877.0M | 870.0M | 840.0M | 822.0M |
| Total Equity | 927.0M | 877.0M | 870.0M | 840.0M | 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 | 470.0M | 453.0M | 468.0M | 674.0M | 413.0M |
| Tax Refunds Received | 4.1M | 11.0M | 15.4M | 4.3M | 1.6M |
| Total Operating Cash Inflow | 499.0M | 646.0M | 505.0M | 717.0M | 425.0M |
| Cash Paid For Goods | 343.0M | 360.0M | 390.0M | 583.0M | 312.0M |
| Cash Paid To Employees | 84.0M | 90.0M | 80.9M | 66.7M | 46.9M |
| Taxes Paid | 19.1M | 18.5M | 18.6M | 11.3M | 9.7M |
| Total Operating Cash Outflow | 469.0M | 525.0M | 583.0M | 752.0M | 393.0M |
| Operating Cash Flow | 30.5M | 121.0M | -78.2M | -34.8M | 32.5M |
| Total Investing Cash Inflow | 137.0M | 30,200 | 10.0M | 140.0M | 26.5M |
| Total Investing Cash Outflow | 6.0M | 107.0M | 96.7M | 21.0M | 17.7M |
| Investing Cash Flow | 131.0M | -107.0M | -86.7M | 119.0M | 8.8M |
| Cash From Borrowings | 39.4M | 31.9M | 10.0M | -- | 31.4M |
| Dividends And Interest Paid | 7.0M | 617,800 | 413,200 | 5.7M | 10.4M |
| Debt Repayments | 21.9M | 20.0M | -- | 30.3M | 67.0M |
| Total Financing Cash Inflow | 39.4M | 32.1M | 10.0M | -- | 31.4M |
| Total Financing Cash Outflow | 30.6M | 22.8M | 2.7M | 48.0M | 102.0M |
| Financing Cash Flow | 8.8M | 9.2M | 7.3M | -48.0M | -70.5M |
| Net Change In Cash | 170.0M | 23.2M | -158.0M | 36.6M | -29.1M |
| Ending Cash Balance | 434.0M | 264.0M | 241.0M | 398.0M | 362.0M |
| Capex | 6.0M | 7.0M | 15.0M | 19.2M | 17.7M |