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 | 310.0M | 234.0M | 528.0M | 497.0M | 436.0M |
| Revenue Growth % | 32.5% | -55.7% | 6.2% | 14.0% | -- |
| Total Revenue | 310.0M | 234.0M | 528.0M | 497.0M | 436.0M |
| Cost Of Revenue | 247.0M | 185.0M | 368.0M | 346.0M | 294.0M |
| Gross Profit | 63.0M | 49.0M | 160.0M | 151.0M | 142.0M |
| Gross Margin % | 20.3% | 20.9% | 30.3% | 30.4% | 32.6% |
| Total Operating Cost | 387.0M | 427.0M | 519.0M | 480.0M | 414.0M |
| Selling Expenses | 36.2M | 38.6M | 46.3M | 40.4M | 35.5M |
| Admin Expenses | 39.8M | 40.7M | 38.6M | 39.4M | 32.6M |
| Rd Expenses | 39.9M | 44.9M | 46.9M | 44.9M | 37.4M |
| Finance Expenses | 6.5M | 6.3M | -2.0M | -936,700 | -576,400 |
| Operating Income | -66.3M | -180.0M | 23.2M | 38.0M | 34.8M |
| Operating Margin % | -21.4% | -76.9% | 4.4% | 7.7% | 8.0% |
| Non Operating Income | 20,600 | 33,600 | 446,600 | 65,800 | 131,700 |
| Non Operating Expenses | 78,400 | 716,800 | 234,500 | 65,400 | 21,500 |
| Investment Income | 3,297 | -89,600 | -2.0M | -178,500 | -- |
| Asset Disposal Income | 79,800 | -11,500 | -- | -200.00 | -25,400 |
| Asset Impairment Loss | -2.0M | 1.9M | 374,900 | -964,200 | 2.5M |
| Other Income | 11.0M | 13.2M | 16.4M | 21.2M | 13.2M |
| Income Before Tax | -66.4M | -180.0M | 23.4M | 38.0M | 34.9M |
| Income Tax | -1.9M | -18.2M | 506,800 | -325,500 | 2.7M |
| Net Income | -64.5M | -162.0M | 22.9M | 38.4M | 32.2M |
| Net Margin % | -20.8% | -69.2% | 4.3% | 7.7% | 7.4% |
| Net Income Attributable | -63.8M | -162.0M | 23.9M | 38.6M | 32.4M |
| Minority Interest | -640,500 | -568,200 | -997,200 | -178,400 | -237,600 |
| Eps Basic | -0.26 | -0.67 | 0.10 | 0.16 | 0.21 |
| Eps Diluted | -0.26 | -0.67 | 0.10 | 0.16 | 0.20 |
| 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 | 101.0M | 195.0M | 226.0M | 190.0M | 186.0M |
| Accounts Receivable | 180.0M | 204.0M | 275.0M | 239.0M | 195.0M |
| Notes Receivable | 12.0M | 9.7M | 32.6M | 6.5M | 826,400 |
| Notes And Accounts Receivable | 192.0M | 214.0M | 307.0M | 246.0M | 196.0M |
| Prepayments | 5.7M | 7.2M | 9.2M | 7.3M | 2.1M |
| Inventory | 293.0M | 276.0M | 122.0M | 147.0M | 108.0M |
| Total Current Assets | 634.0M | 757.0M | 718.0M | 645.0M | 570.0M |
| Long Term Equity Investment | 149,200 | 143,300 | -- | -- | -- |
| Fixed Assets | -- | -- | 67.7M | 71.7M | 67.2M |
| Fixed Assets Total | 63.8M | 64.3M | 67.7M | 71.7M | 67.2M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 15.8M | 16.0M | 17.3M | 15.8M | 12.0M |
| Total Non Current Assets | 165.0M | 183.0M | 192.0M | 184.0M | 143.0M |
| Total Assets | 799.0M | 941.0M | 910.0M | 830.0M | 713.0M |
| Short Term Borrowings | 173.0M | 233.0M | 162.0M | 55.0M | 10.0M |
| Accounts Payable | 27.4M | 29.8M | 56.1M | 94.0M | 85.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 138.0M | 90.6M | 47.3M | 94.0M | 74.2M |
| Total Current Liabilities | 448.0M | 543.0M | 353.0M | 301.0M | 220.0M |
| Long Term Borrowings | 24.0M | 7.0M | -- | -- | -- |
| Total Non Current Liabilities | 33.4M | 17.7M | 20.5M | 23.6M | 28.5M |
| Total Liabilities | 482.0M | 560.0M | 374.0M | 324.0M | 248.0M |
| Paid In Capital | 241.0M | 241.0M | 240.0M | 160.0M | 159.0M |
| Capital Reserve | 39.8M | 39.0M | 35.1M | 102.0M | 92.6M |
| Surplus Reserve | 35.4M | 35.4M | 35.4M | 32.4M | 29.0M |
| Retained Earnings | -6.8M | 57.0M | 222.0M | 211.0M | 185.0M |
| Minority Equity | 8.0M | 8.1M | 7.8M | 8.8M | 8.2M |
| Equity Attributable | 310.0M | 372.0M | 529.0M | 496.0M | 457.0M |
| Total Equity | 318.0M | 381.0M | 537.0M | 505.0M | 465.0M |
| 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 | 383.0M | 347.0M | 407.0M | 473.0M | 420.0M |
| Tax Refunds Received | 8.0M | 5.7M | 8.3M | 9.3M | 10.0M |
| Total Operating Cash Inflow | 395.0M | 371.0M | 424.0M | 491.0M | 438.0M |
| Cash Paid For Goods | 175.0M | 193.0M | 232.0M | 272.0M | 215.0M |
| Cash Paid To Employees | 177.0M | 196.0M | 198.0M | 180.0M | 147.0M |
| Taxes Paid | 26.9M | 21.0M | 27.0M | 26.7M | 24.0M |
| Total Operating Cash Outflow | 460.0M | 521.0M | 517.0M | 526.0M | 426.0M |
| Operating Cash Flow | -65.3M | -150.0M | -93.2M | -34.3M | 12.0M |
| Total Investing Cash Inflow | 22.7M | 22.1M | 27.1M | 10.6M | 5.2M |
| Total Investing Cash Outflow | 7.7M | 3.5M | 9.1M | 12.0M | 1.8M |
| Investing Cash Flow | 15.0M | 18.6M | 18.0M | -1.4M | 3.4M |
| Cash From Borrowings | 268.0M | 251.0M | 130.0M | 55.0M | 10.0M |
| Dividends And Interest Paid | 9.8M | 11.1M | 12.4M | 10.6M | 10.0M |
| Debt Repayments | 301.0M | 145.0M | 55.0M | 10.0M | 20.0M |
| Total Financing Cash Inflow | 278.0M | 259.0M | 170.0M | 59.5M | 19.8M |
| Total Financing Cash Outflow | 312.0M | 159.0M | 69.6M | 21.5M | 32.2M |
| Financing Cash Flow | -33.7M | 100.0M | 101.0M | 38.0M | -12.4M |
| Net Change In Cash | -84.0M | -31.1M | 25.5M | 2.3M | 3.0M |
| Ending Cash Balance | 94.2M | 178.0M | 209.0M | 184.0M | 182.0M |
| Capex | 7.7M | 3.3M | 7.2M | 12.0M | 1.8M |