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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 457.0M | 469.0M | 642.0M | 943.0M | 1.1B | 994.0M | 778.0M | 562.0M | 582.0M |
| Revenue Growth % | -2.6% | -26.9% | -31.9% | -10.9% | 6.4% | 27.8% | 38.4% | -3.4% | -- |
| Total Revenue | 457.0M | 469.0M | 642.0M | 943.0M | 1.1B | 994.0M | 778.0M | 562.0M | 582.0M |
| Cost Of Revenue | 383.0M | 485.0M | 586.0M | 815.0M | 870.0M | 800.0M | 625.0M | 446.0M | 456.0M |
| Gross Profit | 74.0M | -16.0M | 56.0M | 128.0M | 188.0M | 194.0M | 153.0M | 116.0M | 126.0M |
| Gross Margin % | 16.2% | -3.4% | 8.7% | 13.6% | 17.8% | 19.5% | 19.7% | 20.6% | 21.6% |
| Total Operating Cost | 471.0M | 782.0M | 703.0M | 913.0M | 989.0M | 909.0M | 722.0M | 533.0M | 524.0M |
| Selling Expenses | 19.8M | 23.4M | 23.4M | 22.0M | 26.4M | 25.6M | 15.5M | 14.5M | 12.4M |
| Admin Expenses | 37.9M | 97.0M | 46.4M | 31.8M | 28.0M | 37.7M | 25.6M | 33.2M | 16.3M |
| Rd Expenses | 26.3M | 35.2M | 38.7M | 39.8M | 44.5M | 33.4M | 27.0M | 24.2M | 19.1M |
| Finance Expenses | -12.6M | -846,000 | -4.2M | -767,500 | -1.0M | 2.5M | 9.9M | 2.9M | 7.1M |
| Operating Income | 15.0M | -300.0M | -55.8M | 43.9M | 78.1M | 91.0M | 60.9M | 32.5M | 56.9M |
| Operating Margin % | 3.3% | -64.0% | -8.7% | 4.7% | 7.4% | 9.2% | 7.8% | 5.8% | 9.8% |
| Non Operating Income | 132,600 | 5.0M | 355,700 | -- | 2,300 | 71,200 | -- | 24,500 | 2.2M |
| Non Operating Expenses | 50,600 | 1.7M | 213,200 | 162,300 | 648,900 | 739,600 | 466,000 | 98,700 | 324,100 |
| Investment Income | 16.6M | 946,600 | 41,000 | 500,400 | 457,300 | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -171,000 | 171,000 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 120,300 | -65,700 | -3.5M | 76,900 | -1.4M | -2,600 | -244,900 | -66,800 | -867,600 |
| Asset Impairment Loss | 5.5M | 103.0M | 9.5M | 6.1M | 10.3M | 6.5M | 14.3M | 8.9M | 8.1M |
| Other Income | 12.2M | 11.5M | 8.2M | 13.1M | 9.6M | 5.5M | 4.9M | 2.8M | -- |
| Income Before Tax | 15.1M | -297.0M | -55.6M | 43.8M | 77.4M | 90.4M | 60.4M | 32.4M | 58.8M |
| Income Tax | -5.5M | 8.4M | -10.2M | 1.7M | 7.7M | 10.5M | 7.0M | 4.1M | 8.7M |
| Net Income | 20.6M | -305.0M | -45.5M | 42.0M | 69.7M | 79.8M | 53.4M | 28.3M | 50.1M |
| Net Margin % | 4.5% | -65.0% | -7.1% | 4.5% | 6.6% | 8.0% | 6.9% | 5.0% | 8.6% |
| Net Income Attributable | 20.6M | -305.0M | -45.5M | 42.0M | 69.7M | 79.8M | 53.4M | 28.3M | 50.1M |
| Eps Basic | 0.09 | -1.58 | -0.24 | 0.23 | 0.78 | 0.90 | 0.72 | -- | -- |
| Eps Diluted | 0.09 | -1.58 | -0.24 | 0.23 | 0.78 | 0.90 | 0.72 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 138.0M | 474.0M | 367.0M | 445.0M | 166.0M | 109.0M | 119.0M | 14.1M | 19.3M |
| Trading Financial Assets | -- | -- | -- | 30.2M | -- | 10.9M | -- | -- | -- |
| Accounts Receivable | 307.0M | 183.0M | 229.0M | 303.0M | 498.0M | 366.0M | 369.0M | 275.0M | 238.0M |
| Notes Receivable | 26.2M | 107.0M | 30.9M | 67.9M | 39.9M | 41.2M | 145.0M | 115.0M | 58.4M |
| Notes And Accounts Receivable | 334.0M | 290.0M | 260.0M | 370.0M | 538.0M | 407.0M | 515.0M | 390.0M | 297.0M |
| Prepayments | 1.5M | 643,500 | 248,100 | 205,900 | 63,000 | 121,100 | 492,100 | 531,700 | 240,200 |
| Inventory | 60.2M | 22.7M | 39.0M | 57.0M | 110.0M | 67.0M | 44.8M | 37.2M | 29.8M |
| Total Current Assets | 581.0M | 822.0M | 829.0M | 1.1B | 982.0M | 760.0M | 687.0M | 443.0M | 348.0M |
| Long Term Equity Investment | -- | 1.9M | 2.3M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 264.0M | 386.0M | 201.0M | 143.0M | 133.0M | 108.0M | 84.2M | -- |
| Fixed Assets Total | 253.0M | 264.0M | 386.0M | 201.0M | 143.0M | 133.0M | 109.0M | 84.2M | 60.8M |
| Construction In Progress | -- | -- | -- | 43.4M | -- | -- | 7.4M | -- | -- |
| Construction In Progress Total | 4.9M | -- | -- | 43.4M | -- | -- | 7.4M | -- | 5.4M |
| Intangible Assets | 7.5M | 8.4M | 8.9M | 5.2M | 5.5M | 5.9M | 835,700 | 637,700 | 825,100 |
| Long Term Deferred Expenses | 6.8M | 11.7M | 19.1M | 23.0M | 20.2M | 22.2M | 23.1M | -- | 46,000 |
| Total Non Current Assets | 928.0M | 690.0M | 464.0M | 323.0M | 179.0M | 167.0M | 149.0M | 93.5M | 71.9M |
| Total Assets | 1.5B | 1.5B | 1.3B | 1.4B | 1.2B | 928.0M | 836.0M | 536.0M | 420.0M |
| Short Term Borrowings | 15.7M | 34.3M | -- | 10.0M | -- | 17.1M | 13.5M | 26.3M | 20.1M |
| Accounts Payable | 234.0M | 193.0M | 150.0M | 204.0M | 429.0M | 286.0M | 226.0M | 173.0M | 124.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 148,200 | 22,100 | -- | 33,200 |
| Contract Liabilities | 807,500 | 760,600 | 248,300 | 490,200 | 500.00 | -- | -- | -- | -- |
| Total Current Liabilities | 346.0M | 353.0M | 354.0M | 465.0M | 644.0M | 485.0M | 474.0M | 317.0M | 241.0M |
| Total Non Current Liabilities | 83.8M | 101.0M | 123.0M | 87.1M | 21.2M | 16.1M | 15.1M | 13.1M | 6.9M |
| Total Liabilities | 430.0M | 453.0M | 477.0M | 552.0M | 665.0M | 501.0M | 489.0M | 330.0M | 248.0M |
| Paid In Capital | 223.0M | 223.0M | 191.0M | 118.0M | 88.8M | 88.8M | 88.8M | 73.7M | 58.0M |
| Capital Reserve | 964.0M | 964.0M | 458.0M | 502.0M | 200.0M | 200.0M | 200.0M | 43.0M | 27.0M |
| Surplus Reserve | 24.8M | 24.8M | 24.8M | 24.8M | 20.3M | 13.3M | 5.1M | 10.2M | 7.8M |
| Retained Earnings | -132.0M | -152.0M | 153.0M | 216.0M | 188.0M | 125.0M | 53.5M | 79.8M | 78.9M |
| Equity Attributable | 1.1B | 1.1B | 816.0M | 862.0M | 496.0M | 427.0M | 347.0M | 207.0M | 172.0M |
| Total Equity | 1.1B | 1.1B | 816.0M | 862.0M | 496.0M | 427.0M | 347.0M | 207.0M | 172.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 397.0M | 553.0M | 795.0M | 1.0B | 790.0M | 695.0M | 473.0M | 406.0M | 435.0M |
| Tax Refunds Received | 28.6M | 1.1M | 620,600 | 8.3M | 599,400 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 450.0M | 565.0M | 809.0M | 1.1B | 809.0M | 705.0M | 503.0M | 419.0M | 443.0M |
| Cash Paid For Goods | 374.0M | 361.0M | 504.0M | 801.0M | 525.0M | 364.0M | 260.0M | 213.0M | 252.0M |
| Cash Paid To Employees | 84.8M | 126.0M | 144.0M | 153.0M | 145.0M | 168.0M | 140.0M | 117.0M | 100.0M |
| Taxes Paid | 3.1M | 10.0M | 24.3M | 16.2M | 45.5M | 52.5M | 43.9M | 42.6M | 46.7M |
| Total Operating Cash Outflow | 482.0M | 550.0M | 717.0M | 1.0B | 747.0M | 636.0M | 475.0M | 402.0M | 417.0M |
| Operating Cash Flow | -31.8M | 15.4M | 92.0M | 69.4M | 62.3M | 69.0M | 28.1M | 17.1M | 25.8M |
| Total Investing Cash Inflow | 113.0M | 6.6M | 37.1M | 60.6M | 27.7M | 24,000 | 144,000 | 36,900 | 322,500 |
| Total Investing Cash Outflow | 385.0M | 412.0M | 158.0M | 158.0M | 51.9M | 33.4M | 28.7M | 13.6M | 7.5M |
| Investing Cash Flow | -271.0M | -405.0M | -121.0M | -97.8M | -24.3M | -33.3M | -28.6M | -13.6M | -7.2M |
| Cash From Borrowings | 15.7M | 34.3M | -- | 10.0M | -- | 21.0M | 23.5M | 32.3M | 44.7M |
| Dividends And Interest Paid | 530,100 | 310,400 | 18.1M | 9.6M | 498,200 | 3.8M | 13.6M | 25.9M | 1.8M |
| Debt Repayments | 30.0M | -- | 10.0M | -- | 17.1M | 17.4M | 36.3M | 26.1M | 39.6M |
| Total Financing Cash Inflow | 37.9M | 556.0M | 10.3M | 360.0M | 0.00 | 21.2M | 135.0M | 76.8M | 63.6M |
| Total Financing Cash Outflow | 48.2M | 62.3M | 56.0M | 57.4M | 23.9M | 39.1M | 67.4M | 82.3M | 84.3M |
| Financing Cash Flow | -10.3M | 494.0M | -45.7M | 302.0M | -23.9M | -17.9M | 68.1M | -5.5M | -20.7M |
| Net Change In Cash | -313.0M | 104.0M | -73.6M | 273.0M | 14.0M | 17.2M | 66.9M | -1.7M | -2.2M |
| Ending Cash Balance | 94.5M | 407.0M | 303.0M | 377.0M | 104.0M | 89.7M | 72.5M | 5.6M | 7.3M |
| Capex | 24.9M | 32.0M | 156.0M | 68.5M | 35.9M | 22.5M | 28.7M | 13.6M | 7.5M |