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 | 145.0M | 377.0M | 453.0M | 402.0M | 292.0M | 278.0M | 324.0M | 191.0M | 151.0M | 96.1M | 117.0M | 155.0M |
| Revenue Growth % | -61.5% | -16.8% | 12.7% | 37.7% | 5.0% | -14.2% | 69.6% | 26.5% | 57.1% | -17.9% | -24.5% | -- |
| Total Revenue | 145.0M | 377.0M | 453.0M | 402.0M | 292.0M | 278.0M | 324.0M | 191.0M | 151.0M | 96.1M | 117.0M | 155.0M |
| Cost Of Revenue | 119.0M | 256.0M | 328.0M | 238.0M | 167.0M | 158.0M | 213.0M | 113.0M | 111.0M | 50.7M | 61.4M | 74.9M |
| Gross Profit | 26.0M | 121.0M | 125.0M | 164.0M | 125.0M | 120.0M | 111.0M | 78.0M | 40.0M | 45.4M | 55.6M | 80.1M |
| Gross Margin % | 17.9% | 32.1% | 27.6% | 40.8% | 42.8% | 43.2% | 34.3% | 40.8% | 26.5% | 47.3% | 47.6% | 51.7% |
| Total Operating Cost | 238.0M | 348.0M | 413.0M | 325.0M | 222.0M | 209.0M | 259.0M | 151.0M | 145.0M | 85.3M | 103.0M | 113.0M |
| Selling Expenses | 6.0M | 6.6M | 7.3M | 7.3M | 4.6M | 4.8M | 3.6M | 2.6M | 2.6M | 4.5M | 3.3M | 3.3M |
| Admin Expenses | 31.9M | 32.6M | 37.1M | 34.1M | 26.3M | 26.2M | 21.0M | 18.2M | 18.1M | 23.4M | 24.1M | 22.1M |
| Rd Expenses | 17.6M | 17.4M | 17.4M | 14.6M | 14.6M | 13.2M | 12.7M | 9.5M | 6.6M | -- | -- | -- |
| Finance Expenses | 20.7M | 11.6M | 2.3M | -155,600 | 2.5M | 2.7M | 3.9M | 2.1M | 2.0M | 2.2M | 1.8M | 1.1M |
| Operating Income | -79.8M | 38.1M | 56.8M | 83.2M | 71.2M | 69.4M | 64.7M | 45.6M | 5.4M | 10.8M | 13.4M | 42.5M |
| Operating Margin % | -55.1% | 10.1% | 12.5% | 20.7% | 24.4% | 25.0% | 20.0% | 23.9% | 3.6% | 11.2% | 11.4% | 27.4% |
| Non Operating Income | 952,300 | 2.0M | 2.6M | 9.4M | 2.0M | 9.7M | 1.3M | 1.1M | 923,000 | 1.5M | 734,100 | 1.6M |
| Non Operating Expenses | 467,100 | 2.7M | 186,000 | 675,600 | 285,600 | 49,100 | 781,800 | 947,900 | 838,000 | 225,300 | 375,100 | 144,600 |
| Investment Income | 8.4M | 5.9M | 15.0M | 3.9M | 1.6M | 493,200 | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 4.2M | 2.5M | 1.0M | 1.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -16,800 | 1,200 | -52,600 | -- | 15,700 | 4,100 | -216,600 | 5.0M | 21,000 | -- | -- | -- |
| Asset Impairment Loss | 5.0M | 2.8M | -94,000 | 3.1M | 165,600 | 3.2M | 4.4M | 4.7M | 3.5M | 1.3M | 8.8M | 6.3M |
| Other Income | -173,000 | 490,300 | 233,100 | 692,700 | 23,800 | -- | 800,000 | -- | -- | -- | -- | -- |
| Income Before Tax | -79.3M | 37.4M | 59.2M | 91.9M | 72.9M | 79.0M | 65.2M | 45.8M | 5.5M | 12.0M | 13.7M | 44.0M |
| Income Tax | -8.4M | 3.2M | 6.8M | 13.8M | 9.5M | 11.3M | 7.9M | 6.4M | 697,700 | 1.7M | 1.9M | 6.5M |
| Net Income | -70.9M | 34.2M | 52.4M | 78.1M | 63.5M | 67.7M | 57.3M | 39.3M | 4.8M | 10.4M | 11.8M | 37.5M |
| Net Margin % | -48.9% | 9.1% | 11.6% | 19.4% | 21.7% | 24.4% | 17.7% | 20.6% | 3.2% | 10.8% | 10.1% | 24.2% |
| Net Income Attributable | -70.9M | 34.2M | 56.2M | 78.1M | 63.5M | 67.7M | 57.3M | 39.3M | 4.8M | 10.4M | 11.8M | 37.5M |
| Minority Interest | 1,600 | -- | -3.8M | -1,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.51 | 0.24 | 0.40 | 0.57 | 0.54 | 0.97 | 0.87 | 0.64 | 0.08 | 0.17 | 0.19 | 0.61 |
| Eps Diluted | -0.51 | 0.24 | 0.40 | 0.57 | 0.54 | 0.97 | 0.87 | 0.64 | 0.08 | 0.17 | 0.19 | 0.61 |
| 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 | 168.0M | 251.0M | 170.0M | 163.0M | 113.0M | 82.6M | 8.3M | 20.2M | 33.2M | 12.4M | 15.3M | 25.5M |
| Trading Financial Assets | 228.0M | 322.0M | 50.2M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 483.0M | 316.0M | 287.0M | 318.0M | 194.0M | 188.0M | 144.0M | 115.0M | 89.0M | 195.0M | 183.0M | 156.0M |
| Notes Receivable | 4.6M | 2.1M | -- | -- | 95,000 | 4.2M | 4.7M | 98,500 | 2.1M | -- | 1.0M | 2.8M |
| Notes And Accounts Receivable | 488.0M | 318.0M | 287.0M | 318.0M | 194.0M | 192.0M | 149.0M | 115.0M | 91.2M | 195.0M | 184.0M | 159.0M |
| Prepayments | 7.5M | 7.6M | 2.7M | 1.0M | 1.1M | 1.2M | 2.1M | 874,100 | 960,700 | 4.1M | 2.7M | 567,100 |
| Inventory | 4.4M | 3.2M | 4.2M | 5.4M | 3.2M | 291.0M | 306.0M | 157.0M | 96.3M | 4.4M | 5.1M | 3.4M |
| Total Current Assets | 1.4B | 1.6B | 1.1B | 895.0M | 565.0M | 573.0M | 475.0M | 303.0M | 228.0M | 222.0M | 212.0M | 196.0M |
| Long Term Equity Investment | 69.4M | 65.1M | 60.9M | 53.2M | 20.3M | 13.5M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 31.6M | 35.6M | 34.1M | 34.3M | 21.3M | -- | -- | -- | 12.4M | 13.5M | 12.5M |
| Fixed Assets Total | 27.7M | 31.6M | 35.6M | 34.1M | 34.3M | 21.3M | 11.4M | 13.1M | 19.5M | 12.4M | 13.5M | 12.5M |
| Construction In Progress | -- | 51.9M | 43.1M | 40.3M | 12.1M | 18.7M | -- | -- | -- | 19.0M | 11.8M | 9.0M |
| Construction In Progress Total | 64.4M | 51.9M | 43.1M | 40.3M | 12.1M | 18.7M | 25.3M | 25.0M | 24.6M | 19.0M | 11.8M | 9.0M |
| Intangible Assets | 19.2M | 20.0M | 20.8M | 21.7M | 22.5M | 23.3M | 24.2M | 25.0M | 29.8M | 27.8M | 16.7M | 17.1M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | -- | 487,800 | 496,200 | 505,700 | 898,500 | 522,900 |
| Total Non Current Assets | 248.0M | 232.0M | 219.0M | 202.0M | 137.0M | 101.0M | 70.0M | 71.8M | 77.0M | 70.4M | 53.8M | 49.0M |
| Total Assets | 1.6B | 1.8B | 1.3B | 1.1B | 702.0M | 674.0M | 545.0M | 374.0M | 305.0M | 292.0M | 265.0M | 245.0M |
| Short Term Borrowings | 15.0M | 97.1M | 90.1M | 528,100 | 19.0M | 38.8M | 23.0M | 51.0M | 24.4M | 35.0M | 30.0M | 18.0M |
| Accounts Payable | 363.0M | 370.0M | 339.0M | 234.0M | 181.0M | 167.0M | 139.0M | 85.5M | 74.4M | 46.0M | 30.0M | 33.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 25.1M | 10.5M | 10.3M | 26.7M | 465,900 | 4.1M | 2.6M |
| Contract Liabilities | 2.3M | 890,700 | 1.4M | 1.8M | 3.3M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 438.0M | 523.0M | 477.0M | 298.0M | 235.0M | 262.0M | 194.0M | 165.0M | 135.0M | 94.2M | 77.7M | 69.1M |
| Long Term Borrowings | -- | -- | 3.0M | 4.0M | -- | 9.3M | 11.7M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 378.0M | 362.0M | 3.4M | 4.0M | -- | 9.3M | 11.7M | -- | -- | -- | -- | -- |
| Total Liabilities | 817.0M | 886.0M | 481.0M | 302.0M | 235.0M | 271.0M | 205.0M | 165.0M | 135.0M | 94.2M | 77.7M | 69.1M |
| Paid In Capital | 140.0M | 140.0M | 140.0M | 140.0M | 70.0M | 70.0M | 70.0M | 61.0M | 61.0M | 61.0M | 61.0M | 61.0M |
| Capital Reserve | 315.0M | 315.0M | 315.0M | 317.0M | 130.0M | 128.0M | 133.0M | 69.0M | 69.0M | 58.0M | 58.0M | 58.0M |
| Surplus Reserve | 43.7M | 43.7M | 40.3M | 35.0M | 27.0M | 20.8M | 13.7M | 7.8M | 3.7M | 7.8M | 6.7M | 5.6M |
| Retained Earnings | 291.0M | 370.0M | 346.0M | 303.0M | 241.0M | 183.0M | 123.0M | 71.2M | 35.9M | 71.2M | 61.9M | 51.2M |
| Minority Equity | -- | -1,600 | -1,600 | -1,600 | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 808.0M | 905.0M | 841.0M | 795.0M | 467.0M | 402.0M | 340.0M | 209.0M | 170.0M | 198.0M | 188.0M | 176.0M |
| Total Equity | 808.0M | 905.0M | 841.0M | 795.0M | 467.0M | 402.0M | 340.0M | 209.0M | 170.0M | 198.0M | 188.0M | 176.0M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 136.0M | 234.0M | 294.0M | 183.0M | 370.0M | 266.0M | 144.0M | 105.0M | 132.0M | 72.7M | 81.2M | 97.3M |
| Tax Refunds Received | -- | -- | 37,000 | 30,100 | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 146.0M | 287.0M | 359.0M | 213.0M | 382.0M | 288.0M | 182.0M | 125.0M | 149.0M | 77.8M | 85.4M | 105.0M |
| Cash Paid For Goods | 117.0M | 219.0M | 229.0M | 180.0M | 190.0M | 121.0M | 160.0M | 105.0M | 78.6M | 33.3M | 60.9M | 56.7M |
| Cash Paid To Employees | 55.1M | 55.9M | 59.3M | 42.1M | 31.9M | 29.4M | 27.4M | 17.8M | 15.7M | 14.7M | 16.1M | 13.5M |
| Taxes Paid | 7.7M | 18.9M | 36.6M | 15.8M | 40.4M | 17.7M | 12.1M | 8.8M | 7.2M | 6.0M | 11.4M | 10.8M |
| Total Operating Cash Outflow | 204.0M | 315.0M | 373.0M | 333.0M | 304.0M | 187.0M | 246.0M | 156.0M | 123.0M | 68.5M | 103.0M | 98.7M |
| Operating Cash Flow | -58.0M | -28.6M | -14.2M | -120.0M | 78.3M | 102.0M | -64.2M | -31.3M | 26.1M | 9.3M | -17.4M | 6.1M |
| Total Investing Cash Inflow | 698.0M | 458.0M | 256.0M | 393.0M | 106,700 | 49,100 | 100,000 | 4.0M | 26.4M | 28,000 | -- | -- |
| Total Investing Cash Outflow | 610.0M | 736.0M | 311.0M | 454.0M | 33.1M | 39.8M | 3.8M | 7.9M | 19.3M | 15.2M | 5.4M | 12.7M |
| Investing Cash Flow | 88.3M | -277.0M | -54.5M | -60.8M | -33.0M | -39.7M | -3.7M | -4.0M | 7.1M | -15.1M | -5.4M | -12.7M |
| Cash From Borrowings | 15.8M | 490.0M | 90.0M | 5.5M | 19.0M | 39.0M | 65.0M | 52.0M | 31.4M | 35.0M | 30.0M | 18.0M |
| Dividends And Interest Paid | 9.3M | 10.2M | 10.4M | 8.2M | 2.9M | 2.5M | 3.6M | 1.7M | 2.0M | 2.1M | 1.8M | 1.1M |
| Debt Repayments | 101.0M | 91.0M | 1.5M | 28.3M | 40.0M | 24.4M | 81.3M | 25.4M | 42.0M | 30.0M | 18.0M | 28.0M |
| Total Financing Cash Inflow | 15.8M | 490.0M | 90.2M | 281.0M | 19.0M | 52.0M | 164.0M | 60.0M | 39.1M | 47.0M | 33.0M | 18.0M |
| Total Financing Cash Outflow | 125.0M | 103.0M | 12.1M | 48.2M | 42.8M | 39.9M | 110.0M | 35.1M | 51.7M | 44.1M | 22.8M | 40.7M |
| Financing Cash Flow | -109.0M | 387.0M | 78.1M | 233.0M | -23.8M | 12.1M | 53.5M | 24.9M | -12.6M | 2.9M | 10.2M | -22.7M |
| Net Change In Cash | -78.9M | 81.3M | 9.3M | 51.7M | 21.4M | 73.9M | -14.4M | -10.4M | 20.6M | -2.9M | -12.6M | -29.3M |
| Ending Cash Balance | 164.0M | 243.0M | 162.0M | 153.0M | 101.0M | 79.6M | 5.7M | 20.1M | 30.5M | 10.0M | 12.9M | 25.5M |
| Capex | 13.7M | 9.6M | 15.7M | 30.5M | 5.8M | 7.4M | 3.8M | 3.4M | 8.6M | 15.2M | 5.4M | 12.7M |