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 | 573.0M | 661.0M | 614.0M | 530.0M | 311.0M |
| Revenue Growth % | -13.3% | 7.7% | 15.8% | 70.4% | -- |
| Total Revenue | 573.0M | 661.0M | 614.0M | 530.0M | 311.0M |
| Cost Of Revenue | 245.0M | 307.0M | 287.0M | 247.0M | 116.0M |
| Gross Profit | 328.0M | 354.0M | 327.0M | 283.0M | 195.0M |
| Gross Margin % | 57.2% | 53.6% | 53.3% | 53.4% | 62.7% |
| Total Operating Cost | 686.0M | 595.0M | 551.0M | 461.0M | 250.0M |
| Selling Expenses | 119.0M | 97.2M | 84.8M | 64.2M | 25.8M |
| Admin Expenses | 72.3M | 76.5M | 81.0M | 71.4M | 56.2M |
| Rd Expenses | 119.0M | 106.0M | 88.1M | 62.2M | 41.7M |
| Finance Expenses | 11.4M | -407,900 | -1.6M | 8.0M | 732,500 |
| Operating Income | -87.6M | 81.4M | 80.6M | 127.0M | 73.2M |
| Operating Margin % | -15.3% | 12.3% | 13.1% | 24.0% | 23.6% |
| Non Operating Income | 355,600 | 388,000 | 4,000 | 802,100 | 11,700 |
| Non Operating Expenses | 1.1M | 158,500 | 140,200 | 164,500 | 101,600 |
| Investment Income | 66,500 | -8,946 | -4.7M | 39.9M | -11.2M |
| Asset Disposal Income | -205,400 | -- | 10,400 | 46,000 | 46,200 |
| Asset Impairment Loss | 103.0M | 6.5M | 4.0M | 8.0M | 2.0M |
| Other Income | 25.6M | 15.9M | 22.2M | 17.8M | 23.4M |
| Income Before Tax | -88.3M | 81.6M | 80.5M | 127.0M | 73.2M |
| Income Tax | 21.0M | 12.2M | 13.2M | 7.5M | 12.8M |
| Net Income | -109.0M | 69.4M | 67.3M | 120.0M | 60.3M |
| Net Margin % | -19.0% | 10.5% | 11.0% | 22.6% | 19.4% |
| Net Income Attributable | -113.0M | 69.2M | 65.1M | 118.0M | 59.4M |
| Minority Interest | 3.8M | 151,800 | 2.2M | 1.9M | 991,000 |
| Eps Basic | -0.32 | 0.20 | 0.19 | 0.35 | 0.24 |
| Eps Diluted | -0.28 | 0.19 | 0.19 | 0.35 | 0.24 |
| 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 | 543.0M | 707.0M | 485.0M | 471.0M | 180.0M |
| Accounts Receivable | 328.0M | 312.0M | 249.0M | 322.0M | 203.0M |
| Notes Receivable | 44.3M | 47.3M | 66.5M | 50.2M | 85.1M |
| Notes And Accounts Receivable | 372.0M | 360.0M | 316.0M | 372.0M | 288.0M |
| Prepayments | 9.3M | 11.7M | 12.8M | 14.9M | 8.7M |
| Inventory | 338.0M | 285.0M | 253.0M | 182.0M | 72.9M |
| Total Current Assets | 1.3B | 1.4B | 1.2B | 1.1B | 569.0M |
| Long Term Equity Investment | 29,400 | -- | -- | -- | 42.3M |
| Fixed Assets | -- | 157.0M | 52.1M | 43.8M | 36.3M |
| Fixed Assets Total | 319.0M | 157.0M | 52.1M | 43.8M | 36.3M |
| Construction In Progress | -- | 91.0M | 104.0M | 47.2M | 41.5M |
| Construction In Progress Total | 24.6M | 91.0M | 104.0M | 47.2M | 41.5M |
| Intangible Assets | 64.4M | 64.7M | 68.6M | 83.8M | 64.5M |
| Long Term Deferred Expenses | 2.2M | 176,100 | 469,400 | 2.0M | 1.5M |
| Total Non Current Assets | 644.0M | 641.0M | 557.0M | 626.0M | 368.0M |
| Total Assets | 2.0B | 2.1B | 1.8B | 1.7B | 937.0M |
| Short Term Borrowings | 21.8M | 17.7M | 38.9M | 35.4M | 50.1M |
| Accounts Payable | 77.9M | 74.3M | 65.9M | 92.8M | 30.6M |
| Advance Receipts | 61,500 | 299,900 | 61,500 | 741,300 | 656,800 |
| Contract Liabilities | 29.9M | 26.9M | 34.4M | 26.4M | 14.3M |
| Total Current Liabilities | 225.0M | 194.0M | 295.0M | 233.0M | 128.0M |
| Long Term Borrowings | 189,100 | 828,800 | 29.6M | 95.0M | 13.3M |
| Total Non Current Liabilities | 442.0M | 431.0M | 81.7M | 134.0M | 28.2M |
| Total Liabilities | 666.0M | 625.0M | 376.0M | 368.0M | 156.0M |
| Paid In Capital | 353.0M | 352.0M | 351.0M | 270.0M | 249.0M |
| Capital Reserve | 542.0M | 540.0M | 532.0M | 601.0M | 170.0M |
| Surplus Reserve | 78.2M | 71.1M | 60.9M | 47.8M | 42.9M |
| Retained Earnings | 317.0M | 454.0M | 448.0M | 423.0M | 310.0M |
| Minority Equity | 20.2M | 8.3M | 8.8M | 8.3M | 8.5M |
| Equity Attributable | 1.3B | 1.5B | 1.4B | 1.3B | 772.0M |
| Total Equity | 1.3B | 1.5B | 1.4B | 1.3B | 781.0M |
| 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 | 559.0M | 584.0M | 657.0M | 526.0M | 289.0M |
| Tax Refunds Received | 11.8M | 16.9M | 18.6M | 8.5M | 13.8M |
| Total Operating Cash Inflow | 599.0M | 619.0M | 712.0M | 564.0M | 321.0M |
| Cash Paid For Goods | 200.0M | 229.0M | 349.0M | 252.0M | 99.5M |
| Cash Paid To Employees | 230.0M | 231.0M | 181.0M | 109.0M | 64.4M |
| Taxes Paid | 51.5M | 49.8M | 39.5M | 40.5M | 35.4M |
| Total Operating Cash Outflow | 618.0M | 642.0M | 658.0M | 504.0M | 271.0M |
| Operating Cash Flow | -19.6M | -23.5M | 53.9M | 59.8M | 49.9M |
| Total Investing Cash Inflow | 920.35 | 103.0M | 102.0M | 5.3M | 9.1M |
| Total Investing Cash Outflow | 119.0M | 99.9M | 97.2M | 214.0M | 39.4M |
| Investing Cash Flow | -119.0M | 3.2M | 4.9M | -208.0M | -30.3M |
| Cash From Borrowings | 21.8M | 408.0M | 88.5M | 240.0M | 64.0M |
| Dividends And Interest Paid | 22.9M | 55.8M | 35.2M | 9.8M | 11.3M |
| Debt Repayments | 18.8M | 116.0M | 98.5M | 204.0M | 41.0M |
| Total Financing Cash Inflow | 43.7M | 421.0M | 101.0M | 781.0M | 64.2M |
| Total Financing Cash Outflow | 68.7M | 185.0M | 146.0M | 344.0M | 74.2M |
| Financing Cash Flow | -25.0M | 235.0M | -44.9M | 438.0M | -10.0M |
| Net Change In Cash | -159.0M | 218.0M | 16.6M | 288.0M | 9.5M |
| Ending Cash Balance | 543.0M | 702.0M | 485.0M | 468.0M | 180.0M |
| Capex | 119.0M | 99.9M | 97.2M | 16.3M | 39.4M |