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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 351.0M | 520.0M | 532.0M | 633.0M | 623.0M | 642.0M | 578.0M | 407.0M | 282.0M | 208.0M | 153.0M | 135.0M |
| Revenue Growth % | -32.5% | -2.3% | -16.0% | 1.6% | -3.0% | 11.1% | 42.0% | 44.3% | 35.6% | 35.9% | 13.3% | -- |
| Total Revenue | 351.0M | 520.0M | 532.0M | 633.0M | 623.0M | 642.0M | 578.0M | 407.0M | 282.0M | 208.0M | 153.0M | 135.0M |
| Cost Of Revenue | 217.0M | 257.0M | 219.0M | 204.0M | 171.0M | 168.0M | 142.0M | 124.0M | 111.0M | 84.9M | 66.0M | 68.7M |
| Gross Profit | 134.0M | 263.0M | 313.0M | 429.0M | 452.0M | 474.0M | 436.0M | 283.0M | 171.0M | 123.1M | 87.0M | 66.3M |
| Gross Margin % | 38.2% | 50.6% | 58.8% | 67.8% | 72.6% | 73.8% | 75.4% | 69.5% | 60.6% | 59.2% | 56.9% | 49.1% |
| Total Operating Cost | 604.0M | 549.0M | 502.0M | 546.0M | 495.0M | 514.0M | 484.0M | 313.0M | 205.0M | 150.0M | 115.0M | 110.0M |
| Selling Expenses | 201.0M | 208.0M | 193.0M | 270.0M | 268.0M | 292.0M | 291.0M | 142.0M | 56.0M | 35.0M | 26.7M | 17.9M |
| Admin Expenses | 61.1M | 41.2M | 37.4M | 24.7M | 28.5M | 24.5M | 23.2M | 21.7M | 18.7M | 28.6M | 20.0M | 20.6M |
| Rd Expenses | 14.2M | 42.8M | 39.3M | 37.0M | 20.4M | 21.2M | 16.4M | 15.8M | 14.4M | -- | -- | -- |
| Finance Expenses | 6.3M | 7.6M | 3.3M | -3.0M | -5.3M | -18,100 | 1.4M | -141,600 | -32,100 | -337,800 | 639,800 | 1.3M |
| Operating Income | -154.0M | -1.9M | 64.9M | 99.1M | 159.0M | 147.0M | 103.0M | 105.0M | 75.6M | 58.1M | 39.4M | 25.1M |
| Operating Margin % | -43.9% | -0.4% | 12.2% | 15.7% | 25.5% | 22.9% | 17.8% | 25.8% | 26.8% | 27.9% | 25.8% | 18.6% |
| Non Operating Income | 3.0M | 518,800 | 412,300 | 1.0M | 999,100 | 773,000 | 27,700 | 9.0M | 19.4M | 3.6M | 2.1M | 917,600 |
| Non Operating Expenses | 7.5M | 5.3M | 2.1M | 143,700 | 1.3M | 237,000 | 21,300 | 2.6M | 400,700 | 3.9M | 15.9M | 8.4M |
| Investment Income | 91.1M | 12.6M | 14.8M | 264,300 | -- | -- | -- | -- | -- | -- | 1.5M | -- |
| Fair Value Change Income | -- | 4.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -467,700 | -5,800 | -634,500 | 67,600 | -3,300 | 88,200 | 50.00 | 1,500 | -1.9M | -- | -- | -- |
| Asset Impairment Loss | 90.3M | 737,000 | 221,400 | 87,800 | -- | -- | 4.0M | 3.9M | 654,700 | -552,700 | 488,600 | -48,600 |
| Other Income | 8.8M | 10.3M | 19.8M | 12.2M | 30.9M | 19.1M | 10.1M | 11.3M | -- | -- | -- | -- |
| Income Before Tax | -158.0M | -6.7M | 63.1M | 100.0M | 159.0M | 148.0M | 103.0M | 111.0M | 94.6M | 57.8M | 25.6M | 17.6M |
| Income Tax | -13.4M | 423,600 | 13.7M | 3.5M | 23.0M | 21.6M | 15.6M | 16.1M | 13.7M | 7.8M | 6.8M | 3.3M |
| Net Income | -145.0M | -7.1M | 49.5M | 96.5M | 136.0M | 126.0M | 87.8M | 95.2M | 80.9M | 50.0M | 18.8M | 14.4M |
| Net Margin % | -41.3% | -1.4% | 9.3% | 15.3% | 21.8% | 19.6% | 15.2% | 23.4% | 28.7% | 24.0% | 12.3% | 10.7% |
| Net Income Attributable | -147.0M | -9.0M | 48.8M | 96.5M | 136.0M | 126.0M | 87.8M | 95.2M | 80.9M | 50.0M | 20.7M | 19.7M |
| Minority Interest | 2.5M | 1.9M | 671,900 | 51,800 | -111,300 | -- | -- | -- | -- | -- | -1.9M | -5.4M |
| Eps Basic | -1.03 | -0.06 | 0.34 | 0.67 | 2.03 | 2.09 | 1.45 | 1.58 | 1.34 | 0.83 | -- | -- |
| Eps Diluted | -1.03 | -0.06 | 0.34 | 0.67 | 2.03 | 2.09 | 1.45 | 1.58 | 1.34 | 0.83 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 254.0M | 330.0M | 163.0M | 281.0M | 595.0M | 161.0M | 83.2M | 107.0M | 92.7M | 44.0M | 51.1M | 30.5M |
| Trading Financial Assets | -- | 246.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 138.0M | 212.0M | 272.0M | 374.0M | 285.0M | 186.0M | 149.0M | 100.0M | -- | 17.3M | 14.3M | 15.5M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 9.0M | 13.4M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 138.0M | 212.0M | 272.0M | 374.0M | 285.0M | 186.0M | 158.0M | 113.0M | 32.0M | 17.3M | 14.3M | 15.5M |
| Prepayments | 2.8M | 4.8M | 31.5M | 37.5M | 16.8M | 7.0M | 7.6M | 6.7M | 4.7M | 9.0M | 1.9M | 2.5M |
| Inventory | 118.0M | 154.0M | 117.0M | 129.0M | 82.3M | 60.5M | 73.3M | 74.6M | 47.4M | 39.7M | 19.0M | 15.9M |
| Total Current Assets | 616.0M | 1.1B | 1.0B | 870.0M | 999.0M | 441.0M | 324.0M | 303.0M | 179.0M | 114.0M | 87.8M | 65.9M |
| Long Term Equity Investment | -- | 1.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 559.0M | 504.0M | -- | 127.0M | 128.0M | 124.0M | 87.8M | -- | 94.8M | 28.4M | 28.8M |
| Fixed Assets Total | 792.0M | 559.0M | 504.0M | 302.0M | 127.0M | 128.0M | 124.0M | 87.8M | 90.8M | 94.8M | 28.4M | 28.8M |
| Construction In Progress | -- | 270.0M | 225.0M | -- | 422.0M | 241.0M | 122.0M | 37.9M | -- | 478,900 | 53.5M | 7.5M |
| Construction In Progress Total | 55.1M | 270.0M | 225.0M | 367.0M | 422.0M | 241.0M | 122.0M | 37.9M | 4.2M | 478,900 | 53.5M | 7.5M |
| Intangible Assets | 33.6M | 35.7M | 37.6M | 39.3M | 30.1M | 30.7M | 28.4M | 28.5M | 28.6M | 2.9M | 2.9M | 3.0M |
| Long Term Deferred Expenses | 2.5M | 5.1M | 6.1M | 7.0M | 8.7M | 11.5M | 13.7M | 10.2M | 10.7M | 9.4M | 303,300 | 525,300 |
| Total Non Current Assets | 1.0B | 1.0B | 881.0M | 823.0M | 630.0M | 435.0M | 317.0M | 176.0M | 136.0M | 108.0M | 85.2M | 41.2M |
| Total Assets | 1.7B | 2.1B | 1.9B | 1.7B | 1.6B | 876.0M | 641.0M | 480.0M | 315.0M | 222.0M | 173.0M | 107.0M |
| Short Term Borrowings | 10.0M | 262.0M | 257.0M | 50.1M | 14.7M | 28.5M | 28.5M | 28.5M | -- | -- | -- | 18.0M |
| Accounts Payable | 78.3M | 83.3M | 84.7M | 90.8M | 105.0M | 69.1M | 49.2M | 43.1M | -- | 26.2M | 25.6M | 17.6M |
| Advance Receipts | 497,800 | 317,500 | 109,700 | 128,100 | 106,000 | 5.7M | 9.1M | 8.2M | 13.1M | 5.4M | 9.3M | 4.9M |
| Contract Liabilities | 10.7M | 14.4M | 15.7M | 8.3M | 4.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 240.0M | 446.0M | 413.0M | 232.0M | 214.0M | 190.0M | 180.0M | 162.0M | 75.2M | 58.4M | 63.5M | 61.2M |
| Long Term Borrowings | 187.0M | 150.0M | 33.4M | -- | -- | 136.0M | 41.7M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 238.0M | 208.0M | 90.4M | 51.9M | 30.7M | 166.0M | 66.8M | 11.9M | 29.0M | 33.4M | 31.3M | 11.6M |
| Total Liabilities | 478.0M | 654.0M | 503.0M | 284.0M | 244.0M | 356.0M | 247.0M | 174.0M | 104.0M | 91.8M | 94.8M | 72.8M |
| Paid In Capital | 145.0M | 145.0M | 145.0M | 80.4M | 80.4M | 60.3M | 60.3M | 60.3M | 60.3M | 60.3M | 21.9M | 20.0M |
| Capital Reserve | 681.0M | 681.0M | 681.0M | 745.0M | 745.0M | 39.6M | 39.6M | 39.6M | 39.6M | 39.6M | 26.3M | -- |
| Surplus Reserve | 65.2M | 65.2M | 61.4M | 59.1M | 59.1M | 45.0M | 31.5M | 21.0M | 10.8M | 2.0M | 2.0M | 3.4M |
| Retained Earnings | 317.0M | 500.0M | 511.0M | 513.0M | 497.0M | 375.0M | 262.0M | 185.0M | 100.0M | 28.1M | 28.1M | 10.3M |
| Minority Equity | 16.2M | 17.6M | 13.2M | 11.7M | 3.1M | -- | -- | -- | -- | -- | -- | 675,800 |
| Equity Attributable | 1.2B | 1.4B | 1.4B | 1.4B | 1.4B | 520.0M | 394.0M | 306.0M | 211.0M | 130.0M | 78.2M | 33.7M |
| Total Equity | 1.2B | 1.4B | 1.4B | 1.4B | 1.4B | 520.0M | 394.0M | 306.0M | 211.0M | 130.0M | 78.2M | 34.3M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 406.0M | 544.0M | 568.0M | 598.0M | 546.0M | 612.0M | 600.0M | 363.0M | 308.0M | 235.0M | 185.0M | 152.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | 334,800 | 787,200 | 486,800 | 472,400 | 37,900 | -- |
| Total Operating Cash Inflow | 425.0M | 572.0M | 604.0M | 618.0M | 597.0M | 658.0M | 624.0M | 379.0M | 341.0M | 246.0M | 197.0M | 168.0M |
| Cash Paid For Goods | 155.0M | 224.0M | 140.0M | 260.0M | 194.0M | 137.0M | 131.0M | 144.0M | 112.0M | 106.0M | 79.3M | 80.0M |
| Cash Paid To Employees | 109.0M | 110.0M | 104.0M | 97.6M | 79.4M | 75.1M | 70.1M | 58.4M | 41.9M | 30.2M | 18.6M | 18.0M |
| Taxes Paid | 30.7M | 34.3M | 28.0M | 69.2M | 49.9M | 63.3M | 68.7M | 57.3M | 44.5M | 26.7M | 18.4M | 15.3M |
| Total Operating Cash Outflow | 452.0M | 514.0M | 459.0M | 686.0M | 555.0M | 545.0M | 518.0M | 350.0M | 241.0M | 217.0M | 151.0M | 142.0M |
| Operating Cash Flow | -27.2M | 58.3M | 145.0M | -67.7M | 42.8M | 113.0M | 106.0M | 29.0M | 100.0M | 29.6M | 46.0M | 26.0M |
| Total Investing Cash Inflow | 315.0M | 401.0M | 76.7M | 13.9M | 29,200 | -- | 450.00 | 6.0M | 426,200 | 2.3M | 10.1M | 5.7M |
| Total Investing Cash Outflow | 127.0M | 392.0M | 519.0M | 206.0M | 172.0M | 121.0M | 173.0M | 42.0M | 48.0M | 38.5M | 47.1M | 13.0M |
| Investing Cash Flow | 188.0M | 9.3M | -442.0M | -192.0M | -172.0M | -121.0M | -173.0M | -36.0M | -47.5M | -36.1M | -37.0M | -7.2M |
| Cash From Borrowings | 189.0M | 377.0M | 289.0M | 50.0M | 30.0M | 123.0M | 71.1M | 28.5M | 72.6M | -- | 13.0M | 30.0M |
| Dividends And Interest Paid | 44.4M | 7.5M | 45.7M | 81.0M | 7.8M | 5.7M | 1.4M | 17,700 | 133,300 | -- | 880,600 | 1.5M |
| Debt Repayments | 317.0M | 260.0M | 51.0M | 14.7M | 181.0M | 28.5M | 28.5M | -- | 72.6M | -- | 31.0M | 42.0M |
| Total Financing Cash Inflow | 189.0M | 380.0M | 289.0M | 55.7M | 792.0M | 123.0M | 71.1M | 28.5M | 133.0M | 1.8M | 43.0M | 31.6M |
| Total Financing Cash Outflow | 423.0M | 282.0M | 110.0M | 110.0M | 224.0M | 36.0M | 30.9M | 8.1M | 134.0M | 3.4M | 31.9M | 43.5M |
| Financing Cash Flow | -234.0M | 97.6M | 179.0M | -54.0M | 569.0M | 87.2M | 40.2M | 20.4M | -733,300 | -1.6M | 11.1M | -11.9M |
| Net Change In Cash | -73.0M | 165.0M | -119.0M | -314.0M | 439.0M | 79.0M | -26.9M | 13.4M | 51.9M | -8.1M | 20.1M | 6.8M |
| Ending Cash Balance | 254.0M | 327.0M | 161.0M | 280.0M | 594.0M | 155.0M | 75.5M | 102.0M | 89.1M | 37.2M | 45.3M | 25.2M |
| Capex | 127.0M | 139.0M | 173.0M | 171.0M | 152.0M | 115.0M | 173.0M | 42.0M | 48.0M | 38.5M | 40.7M | 11.5M |