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 | 862.0M | 668.0M | 239.0M | 533.0M | 519.0M |
| Revenue Growth % | 29.0% | 179.5% | -55.2% | 2.7% | -- |
| Total Revenue | 862.0M | 668.0M | 239.0M | 533.0M | 519.0M |
| Cost Of Revenue | 640.0M | 517.0M | 196.0M | 458.0M | 424.0M |
| Gross Profit | 222.0M | 151.0M | 43.0M | 75.0M | 95.0M |
| Gross Margin % | 25.8% | 22.6% | 18.0% | 14.1% | 18.3% |
| Total Operating Cost | 821.0M | 642.0M | 259.0M | 625.0M | 508.0M |
| Selling Expenses | 13.2M | 18.7M | 6.8M | 5.9M | 9.1M |
| Admin Expenses | 115.0M | 75.9M | 49.5M | 45.3M | 29.9M |
| Rd Expenses | 31.6M | 28.1M | 21.4M | 21.8M | 18.1M |
| Finance Expenses | -5.6M | -6.5M | -6.8M | 9.7M | 4.8M |
| Operating Income | 81.5M | 30.9M | -17.9M | -82.8M | 14.6M |
| Operating Margin % | 9.5% | 4.6% | -7.5% | -15.5% | 2.8% |
| Non Operating Income | 58,100 | 795,700 | 35,000 | 13,200 | 100,300 |
| Non Operating Expenses | 352,600 | 508,900 | 6.6M | 321,000 | 206,200 |
| Investment Income | 33.8M | -90,900 | 6,737 | 2.7M | 98,600 |
| Fair Value Change Income | -40,700 | -208,400 | 136,900 | -- | -- |
| Asset Disposal Income | -5,900 | 358,600 | -- | -- | -- |
| Asset Impairment Loss | 27.8M | 24.5M | 33.8M | 18.0M | 6.9M |
| Other Income | 7.2M | 4.7M | 1.9M | 6.3M | 3.6M |
| Income Before Tax | 81.2M | 31.2M | -24.5M | -83.1M | 14.5M |
| Income Tax | 8.8M | -1.6M | 834,200 | -11.0M | 727,100 |
| Net Income | 72.4M | 32.8M | -25.3M | -72.1M | 13.8M |
| Net Margin % | 8.4% | 4.9% | -10.6% | -13.5% | 2.7% |
| Net Income Attributable | 72.4M | 32.6M | -25.1M | -76.4M | 9.4M |
| Minority Interest | 43,200 | 126,600 | -203,000 | 4.3M | 4.3M |
| Eps Basic | 0.45 | 0.20 | -0.16 | -0.61 | 0.08 |
| Eps Diluted | 0.45 | 0.20 | -0.16 | -0.61 | 0.08 |
| 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 | 480.0M | 121.0M | 168.0M | 93.4M | 68.7M |
| Accounts Receivable | 218.0M | 307.0M | 144.0M | 142.0M | 202.0M |
| Notes Receivable | 12.3M | 113.0M | -- | 233,200 | 886,100 |
| Notes And Accounts Receivable | 230.0M | 420.0M | 144.0M | 142.0M | 203.0M |
| Prepayments | 88.5M | 134.0M | 102.0M | 58.1M | 80.7M |
| Inventory | 280.0M | 222.0M | 152.0M | 109.0M | 208.0M |
| Total Current Assets | 1.7B | 1.2B | 967.0M | 945.0M | 986.0M |
| Long Term Equity Investment | 115,700 | 83,600 | 174,600 | 167,800 | 250,000 |
| Fixed Assets | -- | 165.0M | 121.0M | 127.0M | 132.0M |
| Fixed Assets Total | 176.0M | 165.0M | 121.0M | 127.0M | 132.0M |
| Construction In Progress | -- | 9.7M | 26.7M | -- | -- |
| Construction In Progress Total | -- | 9.7M | 26.7M | -- | -- |
| Intangible Assets | 15.5M | 14.6M | 15.2M | 16.1M | 16.6M |
| Long Term Deferred Expenses | 919,500 | 1.1M | 352,800 | 467,600 | 494,700 |
| Total Non Current Assets | 373.0M | 553.0M | 504.0M | 228.0M | 218.0M |
| Total Assets | 2.1B | 1.7B | 1.5B | 1.2B | 1.2B |
| Short Term Borrowings | 83.9M | 95.8M | 41.6M | 228.0M | 130.0M |
| Accounts Payable | 268.0M | 182.0M | 136.0M | 222.0M | 214.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 217.0M | 165.0M | 139.0M | 73.9M | 171.0M |
| Total Current Liabilities | 874.0M | 653.0M | 488.0M | 621.0M | 614.0M |
| Long Term Borrowings | 82.4M | 55.6M | -- | 19.6M | -- |
| Total Non Current Liabilities | 107.0M | 67.8M | 7.4M | 20.5M | -- |
| Total Liabilities | 981.0M | 721.0M | 495.0M | 641.0M | 614.0M |
| Paid In Capital | 165.0M | 165.0M | 161.0M | 125.0M | 125.0M |
| Capital Reserve | 845.0M | 831.0M | 791.0M | 342.0M | 341.0M |
| Surplus Reserve | 33.0M | 25.6M | 25.6M | 25.6M | 25.6M |
| Retained Earnings | 74.3M | 9.3M | -23.3M | 1.7M | 78.2M |
| Minority Equity | 25.0M | 8.2M | 8.1M | 25.8M | 22.3M |
| Equity Attributable | 1.1B | 1.0B | 968.0M | 506.0M | 567.0M |
| Total Equity | 1.1B | 1.0B | 976.0M | 532.0M | 589.0M |
| 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 | 1.1B | 681.0M | 376.0M | 296.0M | 277.0M |
| Tax Refunds Received | 9.7M | 14.3M | 21.2M | 22.5M | 11,900 |
| Total Operating Cash Inflow | 1.1B | 718.0M | 412.0M | 339.0M | 281.0M |
| Cash Paid For Goods | 616.0M | 726.0M | 208.0M | 311.0M | 249.0M |
| Cash Paid To Employees | 103.0M | 75.5M | 61.3M | 50.7M | 36.7M |
| Taxes Paid | 52.1M | 23.9M | 26.4M | 7.9M | 46.5M |
| Total Operating Cash Outflow | 818.0M | 896.0M | 351.0M | 389.0M | 360.0M |
| Operating Cash Flow | 290.0M | -178.0M | 60.8M | -50.7M | -78.7M |
| Total Investing Cash Inflow | 10,100 | 61.3M | 135,000 | -- | 45.1M |
| Total Investing Cash Outflow | 8.5M | 16.1M | 325.0M | 17.5M | 89.6M |
| Investing Cash Flow | -8.5M | 45.3M | -324.0M | -17.5M | -44.5M |
| Cash From Borrowings | 144.0M | 120.0M | 36.0M | 318.0M | 150.0M |
| Dividends And Interest Paid | 4.8M | 3.0M | 4.4M | 10.5M | 9.4M |
| Debt Repayments | 99.2M | 57.0M | 223.0M | 200.0M | 75.0M |
| Total Financing Cash Inflow | 172.0M | 205.0M | 535.0M | 318.0M | 150.0M |
| Total Financing Cash Outflow | 112.0M | 63.7M | 258.0M | 212.0M | 84.7M |
| Financing Cash Flow | 60.3M | 141.0M | 277.0M | 106.0M | 65.3M |
| Net Change In Cash | 343.0M | 8.7M | 13.0M | 38.0M | -57.9M |
| Ending Cash Balance | 447.0M | 104.0M | 95.1M | 82.1M | 44.2M |
| Capex | 8.5M | 15.6M | 24.6M | 17.5M | 39.4M |