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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 337.0M | 443.0M | 267.0M | 513.0M | 541.0M | 386.0M | 355.0M | 340.0M | 314.0M | 275.0M | 256.0M | 75.5M | 1.9M |
| Revenue Growth % | -23.9% | 65.9% | -48.0% | -5.2% | 40.2% | 8.7% | 4.4% | 8.3% | 14.2% | 7.4% | 239.3% | 3780.5% | -- |
| Total Revenue | 337.0M | 443.0M | 267.0M | 513.0M | 541.0M | 386.0M | 355.0M | 340.0M | 314.0M | 275.0M | 256.0M | 75.5M | 1.9M |
| Cost Of Revenue | 321.0M | 366.0M | 189.0M | 358.0M | 373.0M | 284.0M | 262.0M | 238.0M | 209.0M | 180.0M | 172.0M | 49.6M | 364,000 |
| Gross Profit | 16.0M | 77.0M | 78.0M | 155.0M | 168.0M | 102.0M | 93.0M | 102.0M | 105.0M | 95.0M | 84.0M | 25.9M | 1.6M |
| Gross Margin % | 4.7% | 17.4% | 29.2% | 30.2% | 31.1% | 26.4% | 26.2% | 30.0% | 33.4% | 34.5% | 32.8% | 34.3% | 81.3% |
| Total Operating Cost | 483.0M | 630.0M | 529.0M | 450.0M | 456.0M | 351.0M | 317.0M | 280.0M | 254.0M | 220.0M | 212.0M | 66.9M | 1.7M |
| Selling Expenses | 15.8M | 24.0M | 19.5M | 23.9M | 23.5M | 27.5M | 23.8M | 15.8M | 16.1M | 10.7M | 10.7M | 3.6M | 179,100 |
| Admin Expenses | 60.6M | 76.8M | 94.8M | 45.4M | 30.1M | 23.7M | 20.2M | 15.6M | 25.9M | 26.4M | 21.2M | 12.8M | 1.3M |
| Rd Expenses | 27.9M | 31.2M | 23.5M | 25.4M | 24.9M | 19.2M | 13.8M | 10.5M | -- | -- | -- | -- | -- |
| Finance Expenses | 47.5M | 68.3M | 76.0M | -3.1M | -2.6M | -7.3M | -10.7M | -4.7M | -246,000 | -355,100 | -94,100 | -250,200 | -110,400 |
| Operating Income | -33.8M | -172.0M | -195.0M | 65.7M | 89.6M | 37.1M | 39.3M | 63.6M | 61.4M | 56.9M | 45.2M | 9.5M | 347,400 |
| Operating Margin % | -10.0% | -38.8% | -73.0% | 12.8% | 16.6% | 9.6% | 11.1% | 18.7% | 19.6% | 20.7% | 17.7% | 12.6% | 17.9% |
| Non Operating Income | 971,800 | 915,800 | 237,700 | 94,800 | 661,400 | 80,900 | 1.2M | 499,100 | 2.0M | 1.7M | 10,200 | 324,700 | -- |
| Non Operating Expenses | 2.6M | 5.3M | 10.6M | 2.8M | 690,900 | 54,800 | 56,400 | 59,700 | 17,100 | 56,400 | 20,000 | 28,500 | -- |
| Investment Income | 108.0M | 5.6M | 453,600 | 1.4M | 1.5M | 789,500 | 859,600 | 2.7M | 1.5M | 1.5M | 885,500 | 942,500 | 97,100 |
| Fair Value Change Income | 855,700 | 7.0M | 64.2M | 20,000 | 460,500 | 406,800 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | 3,600 | 5,500 | -- | -- | 79,100 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.1M | 52.2M | 110.0M | 156,000 | -- | -- | 6.0M | 2.4M | 1.6M | 546,700 | 6.6M | 533,000 | -55,500 |
| Other Income | 2.7M | 2.5M | 1.8M | 1.5M | 2.8M | 1.2M | 535,100 | 915,000 | -- | -- | -- | -- | -- |
| Income Before Tax | -35.5M | -176.0M | -206.0M | 63.0M | 89.6M | 37.2M | 40.5M | 64.1M | 63.4M | 58.5M | 45.2M | 9.8M | 347,400 |
| Income Tax | -44.8M | -29.1M | -30.5M | 6.3M | 11.5M | 4.1M | 4.7M | 9.2M | 9.0M | 8.4M | 7.2M | 2.3M | -122,300 |
| Net Income | 9.3M | -147.0M | -175.0M | 56.7M | 78.0M | 33.1M | 35.8M | 54.9M | 54.4M | 50.1M | 38.0M | 7.5M | 469,700 |
| Net Margin % | 2.8% | -33.2% | -65.5% | 11.0% | 14.4% | 8.6% | 10.1% | 16.2% | 17.3% | 18.2% | 14.8% | 9.9% | 24.2% |
| Net Income Attributable | 7.9M | -145.0M | -170.0M | 41.8M | 63.3M | 33.2M | 35.8M | 54.9M | 54.4M | 50.1M | 38.0M | 7.5M | 469,700 |
| Minority Interest | 1.4M | -2.4M | -4.9M | 14.9M | 14.7M | -127,000 | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.03 | -0.46 | -0.54 | 0.13 | 0.20 | 0.11 | 0.12 | 0.32 | 0.67 | 0.69 | 0.58 | 0.13 | 0.04 |
| Eps Diluted | 0.03 | -0.46 | -0.54 | 0.13 | 0.20 | 0.11 | 0.12 | 0.32 | 0.67 | -- | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 153.0M | 82.7M | 51.4M | 91.5M | 197.0M | 137.0M | 54.0M | 48.7M | 42.6M | 18.8M | 31.2M | 17.7M | 6.6M |
| Trading Financial Assets | -- | 2,100 | 29.5M | 79.0M | 159.0M | 174.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 209.0M | 258.0M | 288.0M | 335.0M | 330.0M | 421.0M | 284.0M | 194.0M | 136.0M | 92.3M | 48.1M | 41.2M | 5.2M |
| Notes Receivable | 2.4M | -- | -- | 140,000 | -- | 3.9M | 930,000 | 5.6M | 2.6M | -- | 100,000 | -- | 200,000 |
| Notes And Accounts Receivable | 211.0M | 258.0M | 288.0M | 335.0M | 330.0M | 425.0M | 285.0M | 200.0M | 139.0M | 92.3M | 48.2M | 41.2M | 5.4M |
| Prepayments | 5.7M | 4.2M | 2.3M | 1.8M | 2.2M | 4.7M | 5.3M | 2.3M | 2.8M | 2.0M | 1.2M | 462,500 | 583,400 |
| Inventory | 38.7M | 56.3M | 57.4M | 45.2M | 36.8M | 57.6M | 37.4M | 22.0M | 13.4M | 13.2M | 28.3M | 8.3M | 2.4M |
| Total Current Assets | 517.0M | 508.0M | 486.0M | 571.0M | 801.0M | 847.0M | 656.0M | 636.0M | 291.0M | 209.0M | 165.0M | 99.4M | 40.4M |
| Long Term Equity Investment | 1.6M | 1.7M | 1.8M | 49.5M | 25.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.0B | 260.0M | 254.0M | 134.0M | 68.0M | 66.6M | 52.9M | 53.1M | 3.5M | 2.1M | 320,000 |
| Fixed Assets Total | 1.2B | 1.3B | 1.0B | 260.0M | 254.0M | 134.0M | 68.0M | 66.6M | 52.9M | 53.1M | 3.5M | 2.1M | 320,000 |
| Construction In Progress | -- | 51.4M | 226.0M | 15.5M | 7.1M | 59.0M | 37.9M | 871,000 | 9.5M | 151,300 | 33.4M | 343,000 | -- |
| Construction In Progress Total | 83.0M | 51.4M | 229.0M | 26.4M | 7.1M | 59.0M | 37.9M | 871,000 | 9.5M | 151,300 | 33.4M | 343,000 | -- |
| Intangible Assets | 33.2M | 42.4M | 45.2M | 50.6M | 53.7M | 48.0M | 29.5M | 30.5M | 31.8M | 33.3M | 20.2M | 4.1M | 4.7M |
| Long Term Deferred Expenses | 7.6M | 2.7M | 1.9M | 1.4M | 1.6M | 1.4M | 1.7M | 153,400 | 460,100 | 728,500 | 413,900 | 625,800 | 15,200 |
| Total Non Current Assets | 1.5B | 1.6B | 1.6B | 698.0M | 510.0M | 420.0M | 139.0M | 99.8M | 95.4M | 87.8M | 64.0M | 20.4M | 11.5M |
| Total Assets | 2.0B | 2.1B | 2.1B | 1.3B | 1.3B | 1.3B | 795.0M | 736.0M | 387.0M | 297.0M | 229.0M | 120.0M | 51.9M |
| Short Term Borrowings | 360.0M | 375.0M | 215.0M | 20.0M | 64.1M | 78.6M | -- | -- | -- | -- | 7.0M | -- | -- |
| Accounts Payable | 283.0M | 306.0M | 270.0M | 130.0M | 161.0M | 161.0M | 144.0M | 92.7M | 92.9M | 65.6M | 74.8M | 24.2M | 2.1M |
| Advance Receipts | -- | -- | -- | -- | 20,000 | 80,800 | 748,200 | 1,500 | 26,000 | 16,200 | -- | 33,100 | 494,000 |
| Contract Liabilities | 6.3M | 8.1M | 3.7M | 1.7M | 1.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 846.0M | 921.0M | 669.0M | 205.0M | 294.0M | 325.0M | 201.0M | 156.0M | 132.0M | 96.2M | 118.0M | 45.9M | 10.3M |
| Long Term Borrowings | 534.0M | 164.0M | 132.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 550.0M | 498.0M | 562.0M | 9.7M | 10.5M | 11.3M | 6.6M | 6.6M | 7.1M | 7.4M | 472,700 | 976,500 | 1.2M |
| Total Liabilities | 1.4B | 1.4B | 1.2B | 215.0M | 305.0M | 337.0M | 207.0M | 163.0M | 139.0M | 104.0M | 118.0M | 46.8M | 11.5M |
| Paid In Capital | 317.0M | 317.0M | 317.0M | 317.0M | 316.0M | 316.0M | 194.0M | 108.0M | 81.0M | 81.0M | 65.0M | 65.0M | 40.0M |
| Capital Reserve | 323.0M | 331.0M | 331.0M | 333.0M | 325.0M | 324.0M | 204.0M | 291.0M | 46.6M | 46.6M | 30.6M | -- | -- |
| Surplus Reserve | 31.0M | 28.5M | 28.5M | 28.5M | 27.4M | 24.5M | 21.1M | 17.5M | 12.0M | 6.5M | 1.5M | 795,000 | -- |
| Retained Earnings | -29.4M | -34.8M | 110.0M | 280.0M | 258.0M | 198.0M | 168.0M | 157.0M | 108.0M | 58.9M | 13.8M | 7.2M | 449,300 |
| Minority Equity | -- | 89.1M | 91.5M | 96.0M | 81.1M | 67.6M | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 641.0M | 642.0M | 786.0M | 958.0M | 926.0M | 862.0M | 588.0M | 574.0M | 247.0M | 193.0M | 111.0M | 73.0M | 40.4M |
| Total Equity | 641.0M | 731.0M | 878.0M | 1.1B | 1.0B | 930.0M | 588.0M | 574.0M | 247.0M | 193.0M | 111.0M | 73.0M | 40.4M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 322.0M | 497.0M | 312.0M | 589.0M | 638.0M | 420.0M | 295.0M | 309.0M | 311.0M | 273.0M | 286.0M | 48.4M | 1.7M |
| Tax Refunds Received | 15.1M | 9.7M | 1.4M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 399.0M | 568.0M | 351.0M | 620.0M | 715.0M | 477.0M | 355.0M | 348.0M | 342.0M | 301.0M | 303.0M | 59.4M | 4.0M |
| Cash Paid For Goods | 250.0M | 287.0M | 211.0M | 372.0M | 363.0M | 278.0M | 237.0M | 231.0M | 195.0M | 179.0M | 185.0M | 32.6M | 1.2M |
| Cash Paid To Employees | 66.4M | 67.0M | 54.2M | 50.7M | 46.2M | 39.6M | 34.0M | 29.4M | 24.2M | 20.5M | 16.2M | 5.9M | 638,600 |
| Taxes Paid | 13.7M | 39.2M | 16.7M | 32.1M | 30.4M | 15.0M | 22.9M | 25.9M | 32.5M | 22.7M | 28.5M | 3.7M | 573,600 |
| Total Operating Cash Outflow | 378.0M | 514.0M | 361.0M | 520.0M | 545.0M | 418.0M | 377.0M | 340.0M | 303.0M | 266.0M | 265.0M | 64.0M | 3.1M |
| Operating Cash Flow | 20.7M | 54.0M | -9.6M | 99.4M | 171.0M | 58.6M | -21.7M | 8.0M | 38.7M | 35.0M | 38.0M | -4.6M | 935,700 |
| Total Investing Cash Inflow | 347.0M | 222.0M | 955.0M | 1.5B | 737.0M | 1.3B | 1.5B | 775.0M | 520.0M | 570.0M | 427.0M | 245.0M | 17.1M |
| Total Investing Cash Outflow | 235.0M | 343.0M | 1.2B | 1.6B | 817.0M | 1.3B | 1.5B | 1.1B | 541.0M | 639.0M | 473.0M | 259.0M | 51.5M |
| Investing Cash Flow | 112.0M | -120.0M | -237.0M | -139.0M | -80.3M | 16.8M | 49.1M | -280.0M | -21.2M | -68.9M | -46.0M | -14.5M | -34.4M |
| Cash From Borrowings | 1.1B | 585.0M | 480.0M | 48.0M | 64.0M | -- | -- | -- | -- | -- | 7.0M | -- | -- |
| Dividends And Interest Paid | 42.0M | 22.7M | 6.6M | 20.3M | 3.7M | -- | 21.6M | -- | -- | 23,500 | -- | -- | -- |
| Debt Repayments | 648.0M | 384.0M | 91.1M | 92.0M | 78.4M | -- | -- | -- | -- | 7.0M | -- | -- | -- |
| Total Financing Cash Inflow | 1.1B | 692.0M | 507.0M | 55.5M | 64.0M | 1.5M | -- | 295.0M | -- | 40.0M | 7.0M | 25.0M | 30.0M |
| Total Financing Cash Outflow | 1.2B | 606.0M | 304.0M | 113.0M | 84.8M | 5.2M | 21.6M | 23.8M | -- | 7.0M | 8.0M | -- | -- |
| Financing Cash Flow | -67.2M | 85.9M | 204.0M | -57.2M | -20.8M | -3.7M | -21.6M | 271.0M | -- | 33.0M | -1.0M | 25.0M | 30.0M |
| Net Change In Cash | 65.5M | 19.5M | -43.0M | -97.2M | 69.4M | 71.7M | 5.8M | -326,700 | 17.5M | -934,600 | -9.0M | 5.9M | -3.4M |
| Ending Cash Balance | 111.0M | 45.9M | 26.4M | 69.4M | 167.0M | 97.2M | 25.4M | 19.7M | 20.0M | 2.5M | 3.4M | 12.5M | 6.6M |
| Capex | 21.3M | 138.0M | 205.0M | 61.8M | 71.9M | 51.8M | 43.8M | 15.3M | 12.4M | 37.5M | 27.9M | 10.5M | 54,400 |