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 | 277.0M | 616.0M | 517.0M | 277.0M | 225.0M |
| Revenue Growth % | -55.0% | 19.1% | 86.6% | 23.1% | -- |
| Total Revenue | 277.0M | 616.0M | 517.0M | 277.0M | 225.0M |
| Cost Of Revenue | 217.0M | 437.0M | 371.0M | 214.0M | 167.0M |
| Gross Profit | 60.0M | 179.0M | 146.0M | 63.0M | 58.0M |
| Gross Margin % | 21.7% | 29.1% | 28.2% | 22.7% | 25.8% |
| Total Operating Cost | 304.0M | 537.0M | 457.0M | 275.0M | 229.0M |
| Selling Expenses | 10.3M | 9.2M | 9.2M | 7.5M | 6.2M |
| Admin Expenses | 49.7M | 47.4M | 46.7M | 31.7M | 29.6M |
| Rd Expenses | 25.8M | 30.4M | 26.9M | 16.8M | 16.0M |
| Finance Expenses | 2.1M | -366,700 | -5.0M | 713,000 | 4.8M |
| Operating Income | -19.9M | 86.6M | 66.4M | 6.4M | 5.2M |
| Operating Margin % | -7.2% | 14.1% | 12.8% | 2.3% | 2.3% |
| Non Operating Income | 945,500 | 1.6M | 1.4M | 2.3M | 1.4M |
| Non Operating Expenses | 67,800 | 43,300 | 676,500 | 209,400 | 208,200 |
| Investment Income | 4.2M | 1.7M | 2.2M | 3.4M | 3.9M |
| Fair Value Change Income | 1.4M | 3.3M | 3.1M | 326,200 | 497,000 |
| Asset Disposal Income | 300.00 | 1,500 | -705,900 | -- | 52,200 |
| Asset Impairment Loss | 1.0M | 5.2M | -1.0M | 1.7M | 3.1M |
| Other Income | 1.6M | 2.2M | 1.9M | 493,200 | 4.7M |
| Income Before Tax | -19.0M | 88.1M | 67.2M | 8.5M | 6.4M |
| Income Tax | -669,900 | 15.7M | 12.7M | 1.3M | 1.5M |
| Net Income | -18.3M | 72.4M | 54.5M | 7.3M | 4.9M |
| Net Margin % | -6.6% | 11.8% | 10.5% | 2.6% | 2.2% |
| Net Income Attributable | -18.3M | 60.3M | 46.5M | 6.9M | 5.5M |
| Minority Interest | -- | 12.1M | 8.0M | 325,200 | -570,000 |
| Eps Basic | -0.10 | 0.32 | 0.25 | 0.04 | 0.03 |
| Eps Diluted | -0.10 | 0.31 | 0.25 | 0.04 | 0.03 |
| 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 | 49.5M | 112.0M | 74.2M | 161.0M | 134.0M |
| Trading Financial Assets | 123.0M | 136.0M | 173.0M | 70.3M | 100.0M |
| Accounts Receivable | 142.0M | 102.0M | 296.0M | 114.0M | 95.8M |
| Notes Receivable | 6.1M | 13.2M | 12.0M | 33.3M | 31.0M |
| Notes And Accounts Receivable | 148.0M | 116.0M | 308.0M | 147.0M | 127.0M |
| Prepayments | 1.3M | 1.3M | 1.3M | 1.5M | 1.6M |
| Inventory | 74.5M | 82.8M | 116.0M | 57.8M | 47.8M |
| Total Current Assets | 433.0M | 496.0M | 704.0M | 441.0M | 414.0M |
| Long Term Equity Investment | 30.6M | -- | -- | -- | -- |
| Fixed Assets | -- | 98.5M | 95.5M | 101.0M | 109.0M |
| Fixed Assets Total | 95.6M | 98.5M | 95.5M | 101.0M | 109.0M |
| Construction In Progress | -- | 1.4M | -- | -- | -- |
| Construction In Progress Total | 7.0M | 1.4M | -- | -- | -- |
| Intangible Assets | 16.4M | 6.1M | 6.4M | 7.5M | 8.2M |
| Long Term Deferred Expenses | 8.4M | 10.5M | 7.2M | 7.4M | 9.7M |
| Total Non Current Assets | 222.0M | 202.0M | 189.0M | 144.0M | 146.0M |
| Total Assets | 655.0M | 698.0M | 893.0M | 585.0M | 560.0M |
| Short Term Borrowings | 2.6M | -- | 10.0M | -- | 5.0M |
| Accounts Payable | 61.8M | 63.9M | 217.0M | 65.0M | 49.4M |
| Advance Receipts | -- | -- | -- | 4,400 | 9,500 |
| Contract Liabilities | 343,600 | 12,600 | 202,600 | 142,400 | -- |
| Total Current Liabilities | 101.0M | 117.0M | 295.0M | 96.4M | 75.2M |
| Long Term Borrowings | -- | -- | -- | -- | 5.0M |
| Total Non Current Liabilities | 27.0M | 40.2M | 38.9M | 1.2M | 5.1M |
| Total Liabilities | 128.0M | 158.0M | 334.0M | 97.6M | 80.3M |
| Paid In Capital | 193.0M | 192.0M | 190.0M | 189.0M | 187.0M |
| Capital Reserve | 156.0M | 139.0M | 187.0M | 166.0M | 151.0M |
| Surplus Reserve | 31.0M | 31.0M | 31.0M | 30.9M | 30.9M |
| Retained Earnings | 147.0M | 185.0M | 143.0M | 106.0M | 109.0M |
| Minority Equity | -- | -- | 11.1M | 2.0M | 1.7M |
| Equity Attributable | 527.0M | 540.0M | 548.0M | 485.0M | 478.0M |
| Total Equity | 527.0M | 540.0M | 559.0M | 487.0M | 480.0M |
| 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 | 266.0M | 815.0M | 370.0M | 269.0M | 236.0M |
| Tax Refunds Received | 18.7M | 44.0M | 11.6M | 6.3M | 9.0M |
| Total Operating Cash Inflow | 292.0M | 869.0M | 392.0M | 287.0M | 256.0M |
| Cash Paid For Goods | 175.0M | 561.0M | 241.0M | 167.0M | 131.0M |
| Cash Paid To Employees | 83.5M | 95.4M | 83.0M | 68.8M | 62.7M |
| Taxes Paid | 7.8M | 50.7M | 16.3M | 9.8M | 7.2M |
| Total Operating Cash Outflow | 293.0M | 730.0M | 362.0M | 261.0M | 217.0M |
| Operating Cash Flow | -941,200 | 139.0M | 30.3M | 26.1M | 39.2M |
| Total Investing Cash Inflow | 227.0M | 161.0M | 293.0M | 454.0M | 484.0M |
| Total Investing Cash Outflow | 260.0M | 148.0M | 414.0M | 434.0M | 543.0M |
| Investing Cash Flow | -33.4M | 12.2M | -121.0M | 20.3M | -58.6M |
| Cash From Borrowings | 32.6M | -- | 10.0M | -- | 10.0M |
| Dividends And Interest Paid | 19.5M | 19.7M | 11.3M | 9.6M | 9.6M |
| Debt Repayments | 30.0M | 10.0M | -- | 10.0M | -- |
| Total Financing Cash Inflow | 44.3M | 12.8M | 17.7M | 6.7M | 12.5M |
| Total Financing Cash Outflow | 73.0M | 125.0M | 17.2M | 25.4M | 23.1M |
| Financing Cash Flow | -28.7M | -113.0M | 479,800 | -18.6M | -10.6M |
| Net Change In Cash | -62.3M | 39.7M | -87.7M | 26.6M | -32.5M |
| Ending Cash Balance | 49.4M | 112.0M | 71.9M | 160.0M | 133.0M |
| Capex | 29.1M | 22.1M | 15.9M | 13.6M | 23.1M |