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 | 531.0M | 471.0M | 427.0M | 472.0M | 452.0M |
| Revenue Growth % | 12.7% | 10.3% | -9.5% | 4.4% | -- |
| Total Revenue | 531.0M | 471.0M | 427.0M | 472.0M | 452.0M |
| Cost Of Revenue | 391.0M | 335.0M | 312.0M | 354.0M | 314.0M |
| Gross Profit | 140.0M | 136.0M | 115.0M | 118.0M | 138.0M |
| Gross Margin % | 26.4% | 28.9% | 26.9% | 25.0% | 30.5% |
| Total Operating Cost | 596.0M | 448.0M | 526.0M | 433.0M | 389.0M |
| Selling Expenses | 40.9M | 35.1M | 36.1M | 33.1M | 33.4M |
| Admin Expenses | 47.8M | 42.1M | 31.1M | 26.0M | 17.1M |
| Rd Expenses | 25.2M | 23.6M | 22.0M | 20.9M | 17.3M |
| Finance Expenses | -4.8M | -3.7M | -10.7M | -8.7M | -6.0M |
| Operating Income | -61.9M | 9.1M | -100.0M | 47.2M | 63.6M |
| Operating Margin % | -11.7% | 1.9% | -23.4% | 10.0% | 14.1% |
| Non Operating Income | 1.9M | 190,000 | 1.0M | 7.0M | 70,000 |
| Non Operating Expenses | 599,800 | 143,600 | 1.7M | 1.1M | 363,000 |
| Investment Income | -112,100 | 6.0M | 2.9M | 5.0M | -- |
| Fair Value Change Income | -5.1M | -20.8M | -4.8M | 1.9M | -- |
| Asset Disposal Income | -302,800 | -58,000 | -22,500 | 244,500 | -405,200 |
| Asset Impairment Loss | 18.6M | 1.4M | 1.6M | 826,500 | -28,000 |
| Other Income | 9.0M | 1.1M | 1.2M | 1.4M | 1.0M |
| Income Before Tax | -60.6M | 9.2M | -101.0M | 53.1M | 63.3M |
| Income Tax | -11.3M | -1.3M | -21.1M | 5.8M | 8.1M |
| Net Income | -49.3M | 10.5M | -79.8M | 47.3M | 55.1M |
| Net Margin % | -9.3% | 2.2% | -18.7% | 10.0% | 12.2% |
| Net Income Attributable | -48.9M | 10.8M | -79.8M | 47.4M | 55.1M |
| Minority Interest | -376,200 | -339,900 | 17,700 | -58,700 | -- |
| Eps Basic | -0.20 | 0.05 | -0.33 | 0.20 | 0.31 |
| Eps Diluted | -0.20 | 0.05 | -0.33 | 0.20 | 0.31 |
| 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 | 316.0M | 330.0M | 224.0M | 522.0M | 278.0M |
| Trading Financial Assets | 1.7M | 2.3M | 72.6M | 27.3M | -- |
| Accounts Receivable | 226.0M | 232.0M | 251.0M | 243.0M | 237.0M |
| Notes Receivable | 7.4M | 14.0M | 28.5M | 2.3M | 11.1M |
| Notes And Accounts Receivable | 233.0M | 246.0M | 280.0M | 245.0M | 248.0M |
| Prepayments | 8.4M | 6.1M | 5.1M | 4.5M | 3.1M |
| Inventory | 115.0M | 209.0M | 132.0M | 86.8M | 73.9M |
| Total Current Assets | 727.0M | 873.0M | 859.0M | 958.0M | 658.0M |
| Fixed Assets | -- | 227.0M | 82.2M | 61.3M | 54.1M |
| Fixed Assets Total | 202.0M | 227.0M | 82.2M | 61.3M | 54.1M |
| Construction In Progress | -- | 6.3M | 79.6M | 37.6M | -- |
| Construction In Progress Total | 8.4M | 6.3M | 79.6M | 37.6M | -- |
| Intangible Assets | 14.0M | 14.5M | 14.7M | 15.3M | 14.8M |
| Long Term Deferred Expenses | 830,100 | 1.2M | -- | -- | -- |
| Total Non Current Assets | 298.0M | 300.0M | 211.0M | 133.0M | 76.9M |
| Total Assets | 1.0B | 1.2B | 1.1B | 1.1B | 735.0M |
| Short Term Borrowings | -- | 304,000 | -- | 70.1M | -- |
| Accounts Payable | 136.0M | 145.0M | 139.0M | 125.0M | 133.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 130.0M | 169.0M | 102.0M | 73.3M | 39.6M |
| Total Current Liabilities | 391.0M | 465.0M | 370.0M | 292.0M | 202.0M |
| Total Non Current Liabilities | 3.2M | 3.9M | 6.2M | 2.0M | 2.2M |
| Total Liabilities | 394.0M | 469.0M | 376.0M | 294.0M | 204.0M |
| Paid In Capital | 240.0M | 240.0M | 240.0M | 240.0M | 180.0M |
| Capital Reserve | 253.0M | 253.0M | 253.0M | 253.0M | 96.5M |
| Surplus Reserve | 33.8M | 33.8M | 32.9M | 32.9M | 28.0M |
| Retained Earnings | 95.8M | 169.0M | 159.0M | 263.0M | 220.0M |
| Minority Equity | -357,100 | 19,100 | 359,000 | 341,300 | -- |
| Equity Attributable | 632.0M | 704.0M | 693.0M | 797.0M | 531.0M |
| Total Equity | 632.0M | 704.0M | 694.0M | 797.0M | 531.0M |
| 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 | 438.0M | 486.0M | 389.0M | 403.0M | 357.0M |
| Tax Refunds Received | 5.3M | 3.0M | 225,300 | 1.8M | 90,700 |
| Total Operating Cash Inflow | 467.0M | 497.0M | 533.0M | 474.0M | 369.0M |
| Cash Paid For Goods | 281.0M | 262.0M | 197.0M | 304.0M | 240.0M |
| Cash Paid To Employees | 72.8M | 61.9M | 55.8M | 43.2M | 31.8M |
| Taxes Paid | 15.8M | 5.6M | 24.1M | 16.0M | 29.6M |
| Total Operating Cash Outflow | 430.0M | 405.0M | 650.0M | 453.0M | 341.0M |
| Operating Cash Flow | 36.7M | 92.0M | -117.0M | 20.5M | 28.3M |
| Total Investing Cash Inflow | 131.0M | 202.0M | 303.0M | 229.0M | 225,300 |
| Total Investing Cash Outflow | 151.0M | 203.0M | 397.0M | 298.0M | 4.2M |
| Investing Cash Flow | -20.0M | -246,900 | -94.6M | -68.9M | -3.9M |
| Cash From Borrowings | -- | -- | 150.0M | 120.0M | -- |
| Dividends And Interest Paid | 24.0M | -- | 25.3M | 425,700 | -- |
| Debt Repayments | -- | -- | 220.0M | 50.0M | -- |
| Total Financing Cash Inflow | -- | 0.00 | 150.0M | 357.0M | 0.00 |
| Total Financing Cash Outflow | 24.4M | 336,400 | 246.0M | 64.9M | 2.8M |
| Financing Cash Flow | -24.4M | -336,400 | -95.6M | 292.0M | -2.8M |
| Net Change In Cash | -7.2M | 91.4M | -307.0M | 243.0M | 21.2M |
| Ending Cash Balance | 298.0M | 306.0M | 214.0M | 522.0M | 278.0M |
| Capex | 20.7M | 52.7M | 47.5M | 48.9M | 4.2M |