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 | 1.7B | 1.2B | 681.0M | 691.0M | 613.0M |
| Revenue Growth % | 45.7% | 74.3% | -1.4% | 12.7% | -- |
| Total Revenue | 1.7B | 1.2B | 681.0M | 691.0M | 613.0M |
| Cost Of Revenue | 1.6B | 1.0B | 566.0M | 549.0M | 505.0M |
| Gross Profit | 140.0M | 160.0M | 115.0M | 142.0M | 108.0M |
| Gross Margin % | 8.1% | 13.5% | 16.9% | 20.5% | 17.6% |
| Total Operating Cost | 1.7B | 1.2B | 686.0M | 662.0M | 599.0M |
| Selling Expenses | 17.3M | 14.3M | 23.3M | 21.2M | 12.3M |
| Admin Expenses | 60.8M | 62.9M | 51.6M | 41.1M | 36.7M |
| Rd Expenses | 54.7M | 59.6M | 45.0M | 40.8M | 32.4M |
| Finance Expenses | -8.5M | -13.1M | -12.1M | 547,900 | 6.6M |
| Operating Income | 12.3M | 40.0M | 8.3M | 39.2M | 34.8M |
| Operating Margin % | 0.7% | 3.4% | 1.2% | 5.7% | 5.7% |
| Non Operating Income | 1.2M | 5.9M | 1.3M | 2.8M | 1.2M |
| Non Operating Expenses | 7.8M | 598,000 | 1.7M | 679,400 | 608,500 |
| Investment Income | -919,800 | -- | 612,200 | 3.0M | 11.7M |
| Fair Value Change Income | -- | -- | -- | 1.0M | 2.5M |
| Asset Disposal Income | 800.00 | 26,400 | -16,500 | -- | 700.00 |
| Asset Impairment Loss | 2.2M | 2.8M | 1.1M | 2.1M | 1.7M |
| Other Income | 12.5M | 17.6M | 13.0M | 6.9M | 6.3M |
| Income Before Tax | 5.6M | 45.2M | 7.9M | 41.2M | 35.4M |
| Income Tax | -5.6M | -1,955 | -6.2M | 70,200 | 542,100 |
| Net Income | 11.2M | 45.2M | 14.1M | 41.2M | 34.9M |
| Net Margin % | 0.7% | 3.8% | 2.1% | 6.0% | 5.7% |
| Net Income Attributable | 11.2M | 44.1M | 13.1M | 41.2M | 34.9M |
| Minority Interest | -- | 1.2M | 956,800 | -- | -- |
| Eps Basic | 0.03 | 0.12 | 0.03 | 0.20 | 0.17 |
| Eps Diluted | 0.03 | 0.12 | 0.03 | 0.20 | 0.17 |
| 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 | 311.0M | 728.0M | 438.0M | 554.0M | 230.0M |
| Trading Financial Assets | -- | -- | -- | 35.0M | -- |
| Accounts Receivable | 434.0M | 187.0M | 181.0M | 188.0M | 154.0M |
| Notes Receivable | 5.3M | 4.1M | 3.0M | -- | -- |
| Notes And Accounts Receivable | 439.0M | 191.0M | 184.0M | 188.0M | 154.0M |
| Prepayments | 163.0M | 365.0M | 80.4M | 23.9M | 29.5M |
| Inventory | 138.0M | 121.0M | 116.0M | 107.0M | 77.7M |
| Total Current Assets | 1.4B | 1.6B | 956.0M | 1.0B | 607.0M |
| Long Term Equity Investment | 79.5M | -- | -- | -- | 30.6M |
| Fixed Assets | -- | 524.0M | 363.0M | 259.0M | 269.0M |
| Fixed Assets Total | 570.0M | 524.0M | 363.0M | 259.0M | 269.0M |
| Construction In Progress | -- | 35.8M | 51.3M | 55.0M | 22.2M |
| Construction In Progress Total | 866,800 | 35.8M | 51.3M | 55.0M | 22.2M |
| Intangible Assets | 49.8M | 52.4M | 54.0M | 55.2M | 55.1M |
| Long Term Deferred Expenses | 2.3M | 3.0M | 2.7M | 1.9M | 1.5M |
| Total Non Current Assets | 769.0M | 840.0M | 593.0M | 437.0M | 380.0M |
| Total Assets | 2.1B | 2.4B | 1.5B | 1.4B | 987.0M |
| Short Term Borrowings | 78.4M | 31.0M | 2.6M | 135.0M | 148.0M |
| Accounts Payable | 527.0M | 201.0M | 150.0M | 134.0M | 123.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 280.0M | 775.0M | 402.0M | 205.0M | 208.0M |
| Total Current Liabilities | 1.3B | 1.5B | 741.0M | 649.0M | 594.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 27.8M | 19.5M | 19.6M | 20.9M | 22.2M |
| Total Liabilities | 1.3B | 1.5B | 761.0M | 670.0M | 616.0M |
| Paid In Capital | 378.0M | 378.0M | 378.0M | 222.0M | 203.0M |
| Capital Reserve | 195.0M | 190.0M | 182.0M | 357.0M | 9.7M |
| Surplus Reserve | 31.5M | 30.4M | 26.2M | 25.8M | 19.8M |
| Retained Earnings | 220.0M | 220.0M | 180.0M | 174.0M | 139.0M |
| Minority Equity | -- | 64.7M | 22.6M | -- | -- |
| Equity Attributable | 825.0M | 819.0M | 766.0M | 779.0M | 371.0M |
| Total Equity | 825.0M | 883.0M | 789.0M | 779.0M | 371.0M |
| 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 | 919.0M | 1.6B | 929.0M | 798.0M | 633.0M |
| Tax Refunds Received | 4.3M | 1.7M | 12.3M | 11.3M | 7.7M |
| Total Operating Cash Inflow | 1.1B | 1.8B | 1.1B | 866.0M | 695.0M |
| Cash Paid For Goods | 1.1B | 915.0M | 614.0M | 612.0M | 487.0M |
| Cash Paid To Employees | 111.0M | 104.0M | 84.5M | 70.2M | 59.7M |
| Taxes Paid | 13.0M | 85.9M | 22.2M | 7.8M | 24.7M |
| Total Operating Cash Outflow | 1.4B | 1.3B | 941.0M | 765.0M | 665.0M |
| Operating Cash Flow | -341.0M | 452.0M | 143.0M | 101.0M | 30.3M |
| Total Investing Cash Inflow | 130.0M | 50.5M | 55.8M | 25.9M | 2.2M |
| Total Investing Cash Outflow | 228.0M | 336.0M | 173.0M | 138.0M | 40.7M |
| Investing Cash Flow | -98.3M | -285.0M | -117.0M | -112.0M | -38.5M |
| Cash From Borrowings | 174.0M | 38.1M | 50.0M | 184.0M | 168.0M |
| Dividends And Interest Paid | 11.8M | 435,200 | 7.4M | 5.1M | 5.6M |
| Debt Repayments | 105.0M | 9.9M | 182.0M | 197.0M | 132.0M |
| Total Financing Cash Inflow | 191.0M | 78.9M | 74.8M | 618.0M | 220.0M |
| Total Financing Cash Outflow | 117.0M | 10.3M | 239.0M | 281.0M | 196.0M |
| Financing Cash Flow | 74.9M | 68.6M | -165.0M | 336.0M | 23.9M |
| Net Change In Cash | -364.0M | 236.0M | -136.0M | 325.0M | 15.2M |
| Ending Cash Balance | 204.0M | 568.0M | 333.0M | 469.0M | 144.0M |
| Capex | 61.3M | 186.0M | 113.0M | 52.4M | 39.7M |