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 | 504.0M | 518.0M | 526.0M | 578.0M | 706.0M |
| Revenue Growth % | -2.7% | -1.5% | -9.0% | -18.1% | -- |
| Total Revenue | 504.0M | 518.0M | 526.0M | 578.0M | 706.0M |
| Cost Of Revenue | 85.0M | 96.6M | 130.0M | 109.0M | 172.0M |
| Gross Profit | 419.0M | 421.4M | 396.0M | 469.0M | 534.0M |
| Gross Margin % | 83.1% | 81.4% | 75.3% | 81.1% | 75.6% |
| Total Operating Cost | 464.0M | 482.0M | 499.0M | 556.0M | 647.0M |
| Selling Expenses | 202.0M | 242.0M | 269.0M | 343.0M | 385.0M |
| Admin Expenses | 108.0M | 71.9M | 57.3M | 60.6M | 36.7M |
| Rd Expenses | 40.3M | 46.6M | 18.2M | 21.7M | 31.9M |
| Finance Expenses | 9.1M | 7.4M | 6.3M | 6.8M | 6.5M |
| Operating Income | 41.8M | 39.3M | 30.1M | 331.0M | 62.5M |
| Operating Margin % | 8.3% | 7.6% | 5.7% | 57.3% | 8.9% |
| Non Operating Income | 570,300 | 239,800 | 172,800 | 60,300 | 363,300 |
| Non Operating Expenses | 1.3M | 1.8M | 1.5M | 913,100 | 1.5M |
| Investment Income | 3,319 | -24,400 | 1,247 | -100,500 | -226,700 |
| Fair Value Change Income | -- | 64,200 | 927,900 | 306.0M | 304,400 |
| Asset Disposal Income | -- | -791,800 | -952,200 | -22,000 | -69,000 |
| Asset Impairment Loss | 9.9M | 4.7M | 3.8M | 917,100 | 3.0M |
| Other Income | 1.1M | 4.0M | 2.3M | 2.5M | 3.4M |
| Income Before Tax | 41.0M | 37.7M | 28.8M | 330.0M | 61.3M |
| Income Tax | 867,300 | 1.4M | -3.3M | 45.6M | 6.8M |
| Net Income | 40.2M | 36.3M | 32.1M | 285.0M | 54.5M |
| Net Margin % | 8.0% | 7.0% | 6.1% | 49.3% | 7.7% |
| Net Income Attributable | 40.2M | 36.3M | 32.4M | 286.0M | 55.2M |
| Minority Interest | -54,900 | -- | -324,600 | -1.0M | -703,400 |
| Eps Basic | 0.34 | 0.30 | 0.27 | 2.38 | 0.46 |
| Eps Diluted | 0.34 | 0.30 | 0.27 | 2.38 | 0.46 |
| 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 | 45.8M | 46.8M | 95.1M | 116.0M | 103.0M |
| Trading Financial Assets | -- | -- | -- | -- | 10.0M |
| Accounts Receivable | 181.0M | 207.0M | 185.0M | 111.0M | 86.4M |
| Notes Receivable | 1.3M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 182.0M | 207.0M | 185.0M | 111.0M | 86.4M |
| Prepayments | 6.4M | 5.8M | 9.1M | 6.7M | 1.5M |
| Inventory | 85.7M | 81.5M | 64.1M | 55.2M | 71.6M |
| Total Current Assets | 357.0M | 377.0M | 378.0M | 302.0M | 294.0M |
| Fixed Assets | -- | 265.0M | 299.0M | 276.0M | 290.0M |
| Fixed Assets Total | 212.0M | 265.0M | 299.0M | 276.0M | 290.0M |
| Construction In Progress | -- | 382.0M | 206.0M | 95.1M | 21.2M |
| Construction In Progress Total | 552.0M | 382.0M | 206.0M | 95.1M | 21.2M |
| Intangible Assets | 141.0M | 127.0M | 134.0M | 122.0M | 92.2M |
| Long Term Deferred Expenses | -- | -- | -- | -- | 12,700 |
| Total Non Current Assets | 1.1B | 1.0B | 916.0M | 1.0B | 613.0M |
| Total Assets | 1.5B | 1.4B | 1.3B | 1.3B | 907.0M |
| Short Term Borrowings | 230.0M | 253.0M | 120.0M | 100.0M | 70.1M |
| Accounts Payable | 33.7M | 35.5M | 12.0M | 28.8M | 19.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.4M | 3.4M | 1.7M | 7.2M | 4.8M |
| Total Current Liabilities | 335.0M | 400.0M | 317.0M | 301.0M | 181.0M |
| Long Term Borrowings | 72.3M | -- | -- | -- | 39.4M |
| Total Non Current Liabilities | 91.0M | 21.1M | 26.3M | 52.1M | 46.6M |
| Total Liabilities | 426.0M | 421.0M | 343.0M | 354.0M | 228.0M |
| Paid In Capital | 120.0M | 120.0M | 120.0M | 120.0M | 120.0M |
| Capital Reserve | 211.0M | 210.0M | 210.0M | 212.0M | 212.0M |
| Surplus Reserve | 60.0M | 60.0M | 60.0M | 60.0M | 46.1M |
| Retained Earnings | 631.0M | 596.0M | 560.0M | 558.0M | 301.0M |
| Minority Equity | 15.2M | -- | -- | -1.8M | -803,200 |
| Equity Attributable | 1.0B | 987.0M | 951.0M | 950.0M | 680.0M |
| Total Equity | 1.0B | 987.0M | 951.0M | 948.0M | 679.0M |
| 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 | 500.0M | 526.0M | 480.0M | 611.0M | 735.0M |
| Tax Refunds Received | 29.5M | -- | 2.6M | 1.4M | -- |
| Total Operating Cash Inflow | 532.0M | 530.0M | 513.0M | 629.0M | 738.0M |
| Cash Paid For Goods | 50.6M | 72.5M | 119.0M | 49.8M | 84.3M |
| Cash Paid To Employees | 70.7M | 71.5M | 69.8M | 70.3M | 69.8M |
| Taxes Paid | 76.0M | 82.8M | 69.8M | 84.6M | 101.0M |
| Total Operating Cash Outflow | 472.0M | 506.0M | 519.0M | 569.0M | 665.0M |
| Operating Cash Flow | 60.0M | 23.9M | -5.8M | 59.9M | 73.4M |
| Total Investing Cash Inflow | 2.0M | 83.0M | 478.0M | 57.3M | 52.5M |
| Total Investing Cash Outflow | 79.9M | 220.0M | 449.0M | 143.0M | 182.0M |
| Investing Cash Flow | -77.9M | -137.0M | 29.1M | -85.6M | -130.0M |
| Cash From Borrowings | 273.0M | 276.0M | 280.0M | 145.0M | 175.0M |
| Dividends And Interest Paid | 13.9M | 6.5M | 35.5M | 22.0M | 37.0M |
| Debt Repayments | 260.0M | 209.0M | 286.0M | 135.0M | 129.0M |
| Total Financing Cash Inflow | 364.0M | 335.0M | 333.0M | 194.0M | 175.0M |
| Total Financing Cash Outflow | 347.0M | 270.0M | 375.0M | 157.0M | 166.0M |
| Financing Cash Flow | 16.9M | 65.1M | -42.0M | 37.1M | 9.0M |
| Net Change In Cash | -1.1M | -48.2M | -18.7M | 11.4M | -47.2M |
| Ending Cash Balance | 45.8M | 46.8M | 95.1M | 114.0M | 102.0M |
| Capex | 77.9M | 197.0M | 219.0M | 94.4M | 120.0M |