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 | 1.5B | 1.4B | 1.5B | 1.4B | 1.0B |
| Revenue Growth % | 6.1% | -7.6% | 6.4% | 40.4% | -- |
| Total Revenue | 1.5B | 1.4B | 1.5B | 1.4B | 1.0B |
| Cost Of Revenue | 1.2B | 1.1B | 1.2B | 1.2B | 746.0M |
| Gross Profit | 306.0M | 268.0M | 321.0M | 274.0M | 281.0M |
| Gross Margin % | 20.3% | 18.9% | 20.9% | 19.0% | 27.4% |
| Total Operating Cost | 1.5B | 1.4B | 1.4B | 1.3B | 914.0M |
| Selling Expenses | 25.0M | 23.3M | 21.0M | 17.1M | 18.2M |
| Admin Expenses | 63.3M | 59.6M | 79.1M | 75.0M | 83.8M |
| Rd Expenses | 56.8M | 53.8M | 58.5M | 52.5M | 41.4M |
| Finance Expenses | 22.8M | 30.4M | 4.9M | 6.7M | 13.4M |
| Operating Income | 25.4M | 79.1M | 130.0M | 134.0M | 139.0M |
| Operating Margin % | 1.7% | 5.6% | 8.5% | 9.3% | 13.5% |
| Non Operating Income | 1.2M | 1.9M | 555,900 | 1.1M | 124,400 |
| Non Operating Expenses | 7.8M | 4.2M | 3.0M | 503,000 | 10.3M |
| Investment Income | 7.7M | 714,100 | -6.6M | 4.0M | 2.6M |
| Fair Value Change Income | -- | -- | -- | 38,400 | -- |
| Asset Disposal Income | -9.7M | -429,000 | -1.5M | -6.6M | -1.5M |
| Asset Impairment Loss | 122.0M | 43.5M | 16.9M | -- | -- |
| Other Income | 26.5M | 36.0M | 14.1M | 28.0M | 24.8M |
| Income Before Tax | 18.7M | 76.7M | 128.0M | 135.0M | 129.0M |
| Income Tax | 10.2M | 10.6M | 3.9M | 9.5M | 11.0M |
| Net Income | 8.5M | 66.1M | 124.0M | 125.0M | 118.0M |
| Net Margin % | 0.6% | 4.7% | 8.1% | 8.7% | 11.5% |
| Net Income Attributable | 37.5M | 85.2M | 132.0M | 129.0M | 120.0M |
| Minority Interest | -29.0M | -19.1M | -8.2M | -3.9M | -1.5M |
| Eps Basic | 0.20 | 0.47 | 0.73 | 0.72 | 0.72 |
| Eps Diluted | 0.20 | 0.47 | 0.73 | 0.72 | 0.72 |
| 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 | 201.0M | 205.0M | 262.0M | 215.0M | 139.0M |
| Trading Financial Assets | 288.0M | 370.0M | -- | 38,400 | 180.0M |
| Accounts Receivable | 117.0M | 85.0M | 92.9M | 75.4M | 47.8M |
| Notes Receivable | 24.9M | 24.9M | 45.9M | 29.1M | 22.0M |
| Notes And Accounts Receivable | 142.0M | 110.0M | 139.0M | 104.0M | 69.8M |
| Prepayments | 6.5M | 20.0M | 13.9M | 4.0M | 2.6M |
| Inventory | 304.0M | 402.0M | 240.0M | 246.0M | 130.0M |
| Total Current Assets | 1.0B | 1.2B | 680.0M | 628.0M | 558.0M |
| Fixed Assets | -- | 1.1B | 1.2B | 1.0B | 897.0M |
| Fixed Assets Total | 1.1B | 1.1B | 1.2B | 1.0B | 897.0M |
| Construction In Progress | -- | 610.0M | 355.0M | 189.0M | 95.0M |
| Construction In Progress Total | 1.0B | 611.0M | 356.0M | 190.0M | 95.7M |
| Intangible Assets | 122.0M | 144.0M | 157.0M | 141.0M | 144.0M |
| Long Term Deferred Expenses | 2.2M | 3.4M | 2.8M | -- | -- |
| Total Non Current Assets | 2.5B | 2.2B | 1.8B | 1.6B | 1.2B |
| Total Assets | 3.5B | 3.4B | 2.5B | 2.2B | 1.8B |
| Short Term Borrowings | 284.0M | 190.0M | 388.0M | 296.0M | 61.4M |
| Accounts Payable | 184.0M | 242.0M | 182.0M | 220.0M | 176.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 13.2M | 13.9M | 21.3M | 37.5M | 26.5M |
| Total Current Liabilities | 852.0M | 554.0M | 676.0M | 618.0M | 310.0M |
| Long Term Borrowings | 203.0M | 421.0M | 176.0M | -- | -- |
| Total Non Current Liabilities | 802.0M | 1.1B | 288.0M | 130.0M | 105.0M |
| Total Liabilities | 1.7B | 1.7B | 964.0M | 748.0M | 415.0M |
| Paid In Capital | 192.0M | 181.0M | 181.0M | 181.0M | 113.0M |
| Capital Reserve | 768.0M | 605.0M | 605.0M | 605.0M | 673.0M |
| Surplus Reserve | 107.0M | 97.4M | 83.9M | 68.8M | 54.8M |
| Retained Earnings | 719.0M | 709.0M | 657.0M | 554.0M | 461.0M |
| Minority Equity | -32.2M | -3.2M | 15.8M | 24.4M | 35.0M |
| Equity Attributable | 1.8B | 1.7B | 1.5B | 1.4B | 1.3B |
| Total Equity | 1.8B | 1.7B | 1.5B | 1.4B | 1.3B |
| 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 | 1.4B | 1.4B | 1.5B | 1.4B | 1.0B |
| Tax Refunds Received | 54.2M | 49.5M | 99.3M | 34.0M | 30.2M |
| Total Operating Cash Inflow | 1.5B | 1.5B | 1.6B | 1.5B | 1.1B |
| Cash Paid For Goods | 897.0M | 1.2B | 1.1B | 1.2B | 719.0M |
| Cash Paid To Employees | 130.0M | 115.0M | 118.0M | 96.8M | 83.1M |
| Taxes Paid | 36.9M | 34.3M | 37.9M | 36.6M | 31.7M |
| Total Operating Cash Outflow | 1.2B | 1.5B | 1.4B | 1.5B | 941.0M |
| Operating Cash Flow | 261.0M | 35.4M | 162.0M | 52.1M | 152.0M |
| Total Investing Cash Inflow | 1.9B | 213.0M | 102.0M | 689.0M | 1.1B |
| Total Investing Cash Outflow | 2.3B | 1.0B | 466.0M | 858.0M | 1.4B |
| Investing Cash Flow | -339.0M | -791.0M | -364.0M | -169.0M | -310.0M |
| Cash From Borrowings | 679.0M | 839.0M | 875.0M | 490.0M | 250.0M |
| Dividends And Interest Paid | 39.4M | 43.7M | 28.2M | 27.1M | 9.5M |
| Debt Repayments | 534.0M | 763.0M | 618.0M | 268.0M | 510.0M |
| Total Financing Cash Inflow | 679.0M | 1.5B | 893.0M | 490.0M | 826.0M |
| Total Financing Cash Outflow | 625.0M | 883.0M | 646.0M | 295.0M | 557.0M |
| Financing Cash Flow | 54.6M | 648.0M | 247.0M | 195.0M | 269.0M |
| Net Change In Cash | -19.2M | -107.0M | 43.7M | 76.4M | 110.0M |
| Ending Cash Balance | 132.0M | 151.0M | 259.0M | 215.0M | 138.0M |
| Capex | 416.0M | 424.0M | 347.0M | 351.0M | 134.0M |