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 | 183.0M | 152.0M | 364.0M | 243.0M | 209.0M |
| Revenue Growth % | 20.4% | -58.2% | 49.8% | 16.3% | -- |
| Total Revenue | 183.0M | 152.0M | 364.0M | 243.0M | 209.0M |
| Cost Of Revenue | 134.0M | 116.0M | 241.0M | 173.0M | 179.0M |
| Gross Profit | 49.0M | 36.0M | 123.0M | 70.0M | 30.0M |
| Gross Margin % | 26.8% | 23.7% | 33.8% | 28.8% | 14.4% |
| Total Operating Cost | 248.0M | 239.0M | 375.0M | 304.0M | 356.0M |
| Selling Expenses | 25.9M | 24.0M | 20.3M | 22.5M | 37.9M |
| Admin Expenses | 35.6M | 23.7M | 31.5M | 38.3M | 34.4M |
| Rd Expenses | 20.0M | 25.8M | 22.8M | 18.1M | 25.5M |
| Finance Expenses | -3.9M | -11.6M | -7.7M | -7.9M | -316,100 |
| Operating Income | -59.9M | -85.4M | -8.5M | -58.0M | -129.0M |
| Operating Margin % | -32.8% | -56.2% | -2.3% | -23.9% | -61.7% |
| Non Operating Income | 9.3M | 382,100 | 53,000 | 104,700 | 684,400 |
| Non Operating Expenses | 204,100 | 1.3M | 170,200 | 26,000 | 342,600 |
| Investment Income | 1.7M | -41,500 | 91,600 | -920,600 | 588,300 |
| Asset Disposal Income | 15,800 | -- | -- | -- | 10.7M |
| Asset Impairment Loss | 7.2M | 8.2M | 7.7M | 6.9M | 25.3M |
| Other Income | 3.3M | 962,100 | 1.9M | 3.9M | 6.8M |
| Income Before Tax | -50.8M | -86.3M | -8.6M | -57.9M | -129.0M |
| Income Tax | 17.9M | -6.5M | -9.9M | -6.3M | -11.2M |
| Net Income | -68.7M | -79.8M | 1.3M | -51.6M | -118.0M |
| Net Margin % | -37.5% | -52.5% | 0.4% | -21.2% | -56.5% |
| Net Income Attributable | -62.8M | -75.9M | 4.4M | -51.2M | -116.0M |
| Minority Interest | -5.9M | -3.9M | -3.1M | -360,000 | -1.8M |
| Eps Basic | -0.21 | -0.25 | 0.01 | -0.17 | -0.39 |
| Eps Diluted | -0.21 | -0.25 | 0.01 | -0.17 | -0.39 |
| 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 | 89.0M | 126.0M | 156.0M | 129.0M | 221.0M |
| Accounts Receivable | 328.0M | 347.0M | 370.0M | 347.0M | 375.0M |
| Notes Receivable | 765,000 | 15.2M | 8.3M | 8.8M | 996,500 |
| Notes And Accounts Receivable | 329.0M | 362.0M | 379.0M | 356.0M | 376.0M |
| Prepayments | 931,400 | 6.4M | 834,600 | 6.1M | 5.6M |
| Inventory | 21.1M | 58.5M | 47.5M | 78.5M | 56.1M |
| Total Current Assets | 517.0M | 632.0M | 668.0M | 641.0M | 750.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 79.9M | 85.4M | 90.8M | 97.3M |
| Fixed Assets Total | 73.2M | 79.9M | 85.4M | 90.8M | 97.3M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 10.4M | 5.4M | 5.8M | 4.5M | 4.8M |
| Long Term Deferred Expenses | 2.6M | -- | -- | -- | -- |
| Total Non Current Assets | 365.0M | 339.0M | 418.0M | 349.0M | 331.0M |
| Total Assets | 882.0M | 970.0M | 1.1B | 990.0M | 1.1B |
| Short Term Borrowings | 22.8M | 20.0M | -- | -- | 70.1M |
| Accounts Payable | 161.0M | 195.0M | 217.0M | 176.0M | 144.0M |
| Advance Receipts | 1.4M | 1.3M | 1.7M | 1.9M | 989,000 |
| Contract Liabilities | 12.0M | 12.2M | 8.9M | 13.3M | 12.7M |
| Total Current Liabilities | 279.0M | 306.0M | 325.0M | 236.0M | 280.0M |
| Long Term Borrowings | -- | -- | -- | -- | 6.2M |
| Total Non Current Liabilities | 2.4M | 2.1M | 3.6M | 2.3M | 8.2M |
| Total Liabilities | 281.0M | 308.0M | 329.0M | 238.0M | 288.0M |
| Paid In Capital | 303.0M | 303.0M | 303.0M | 303.0M | 303.0M |
| Capital Reserve | 485.0M | 484.0M | 493.0M | 489.0M | 505.0M |
| Surplus Reserve | 31.7M | 31.7M | 31.7M | 31.7M | 31.7M |
| Retained Earnings | -206.0M | -143.0M | -61.4M | -66.3M | -15.1M |
| Minority Equity | -6.3M | -2.6M | 3.5M | 5.5M | 217,500 |
| Equity Attributable | 607.0M | 664.0M | 754.0M | 746.0M | 793.0M |
| Total Equity | 601.0M | 662.0M | 757.0M | 752.0M | 793.0M |
| 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 | 321.0M | 247.0M | 243.0M | 219.0M | 264.0M |
| Tax Refunds Received | 2.5M | 162,400 | 232,400 | -- | 2.1M |
| Total Operating Cash Inflow | 413.0M | 300.0M | 302.0M | 271.0M | 329.0M |
| Cash Paid For Goods | 222.0M | 196.0M | 165.0M | 155.0M | 166.0M |
| Cash Paid To Employees | 52.1M | 52.3M | 42.2M | 37.3M | 32.4M |
| Taxes Paid | 8.5M | 6.4M | 5.4M | 1.6M | 5.6M |
| Total Operating Cash Outflow | 328.0M | 360.0M | 278.0M | 271.0M | 290.0M |
| Operating Cash Flow | 84.5M | -59.5M | 24.4M | 677,500 | 38.9M |
| Total Investing Cash Inflow | 21.2M | 41.4M | 56.70 | -- | 151.0M |
| Total Investing Cash Outflow | 129.0M | 5.6M | 40.8M | 22.0M | 51.8M |
| Investing Cash Flow | -108.0M | 35.8M | -40.8M | -22.0M | 99.1M |
| Cash From Borrowings | 22.4M | 20.0M | 23.0M | -- | 212.0M |
| Dividends And Interest Paid | 678,000 | 446,600 | 655,500 | 1.0M | 5.1M |
| Debt Repayments | 20.0M | 13.0M | 20.0M | 85.4M | 254.0M |
| Total Financing Cash Inflow | 34.6M | 20.0M | 23.0M | 13.6M | 217.0M |
| Total Financing Cash Outflow | 31.2M | 13.4M | 20.7M | 86.6M | 271.0M |
| Financing Cash Flow | 3.4M | 6.6M | 2.3M | -73.0M | -54.5M |
| Net Change In Cash | -20.4M | -17.1M | -14.0M | -94.3M | 83.5M |
| Ending Cash Balance | 66.1M | 86.5M | 104.0M | 116.0M | 210.0M |
| Capex | 720,600 | 876,900 | 765,800 | 182,100 | -- |