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 | 509.0M | 310.0M | 324.0M | 295.0M | 251.0M |
| Revenue Growth % | 64.2% | -4.3% | 9.8% | 17.5% | -- |
| Total Revenue | 509.0M | 310.0M | 324.0M | 295.0M | 251.0M |
| Cost Of Revenue | 313.0M | 198.0M | 192.0M | 202.0M | 145.0M |
| Gross Profit | 196.0M | 112.0M | 132.0M | 93.0M | 106.0M |
| Gross Margin % | 38.5% | 36.1% | 40.7% | 31.5% | 42.2% |
| Total Operating Cost | 405.0M | 270.0M | 257.0M | 257.0M | 187.0M |
| Selling Expenses | 11.9M | 9.5M | 7.7M | 5.8M | 4.3M |
| Admin Expenses | 43.5M | 42.0M | 34.7M | 29.2M | 21.8M |
| Rd Expenses | 21.0M | 18.8M | 16.0M | 13.2M | 10.8M |
| Finance Expenses | -10.0M | -5.4M | -10.1M | 1.3M | 1.5M |
| Operating Income | 112.0M | 45.7M | 75.8M | 51.6M | 71.6M |
| Operating Margin % | 22.0% | 14.7% | 23.4% | 17.5% | 28.5% |
| Non Operating Income | 142,900 | 23,600 | 13,300 | 19,600 | 41,600 |
| Non Operating Expenses | 849,400 | 1.0M | 515,100 | 2.7M | 4,900 |
| Investment Income | 4.2M | 3.5M | 2.3M | 2.5M | 1.6M |
| Fair Value Change Income | -- | 236,400 | 953,600 | -- | -- |
| Asset Disposal Income | 9,900 | 2,800 | 142,200 | 147,400 | 74,300 |
| Asset Impairment Loss | 3.0M | -93,400 | 5.5M | 1.3M | 291,900 |
| Other Income | 3.7M | 2.2M | 6.1M | 11.4M | 6.0M |
| Income Before Tax | 111.0M | 44.7M | 75.3M | 49.0M | 71.7M |
| Income Tax | 14.3M | 6.0M | 9.7M | 6.1M | 10.2M |
| Net Income | 96.7M | 38.7M | 65.6M | 42.9M | 61.5M |
| Net Margin % | 19.0% | 12.5% | 20.2% | 14.5% | 24.5% |
| Net Income Attributable | 96.7M | 38.7M | 65.6M | 42.9M | 61.5M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.64 | 0.26 | 0.44 | 0.29 | 0.82 |
| Eps Diluted | 0.64 | 0.26 | 0.44 | 0.29 | 0.82 |
| 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 | 196.0M | 283.0M | 259.0M | 302.0M | 156.0M |
| Trading Financial Assets | -- | 100.0M | 166.0M | 75.0M | -- |
| Accounts Receivable | 101.0M | 73.2M | 70.1M | 69.7M | 69.0M |
| Notes Receivable | 47.6M | 56.8M | 52.0M | 50.7M | 24.3M |
| Notes And Accounts Receivable | 148.0M | 130.0M | 122.0M | 120.0M | 93.4M |
| Prepayments | 6.6M | 13.8M | 22.6M | 4.6M | 6.6M |
| Inventory | 255.0M | 268.0M | 138.0M | 97.3M | 92.3M |
| Total Current Assets | 656.0M | 825.0M | 746.0M | 631.0M | 379.0M |
| Long Term Equity Investment | 53.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 122.0M | 109.0M | 108.0M | 115.0M |
| Fixed Assets Total | 125.0M | 122.0M | 109.0M | 108.0M | 115.0M |
| Construction In Progress | -- | 125.0M | 10.9M | 7.1M | 950,800 |
| Construction In Progress Total | 195.0M | 125.0M | 10.9M | 7.1M | 950,800 |
| Intangible Assets | 81.3M | 32.5M | 33.1M | 30.4M | 31.1M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 468.0M | 291.0M | 163.0M | 154.0M | 152.0M |
| Total Assets | 1.1B | 1.1B | 909.0M | 786.0M | 531.0M |
| Short Term Borrowings | 16.4M | 16.6M | 20,900 | 10.0M | -- |
| Accounts Payable | 83.3M | 72.5M | 51.6M | 49.6M | 37.3M |
| Advance Receipts | 67,700 | 89,500 | 67,500 | 67,400 | 67,600 |
| Contract Liabilities | 170.0M | 197.0M | 81.0M | 50.5M | 70.7M |
| Total Current Liabilities | 348.0M | 438.0M | 262.0M | 194.0M | 152.0M |
| Total Non Current Liabilities | 34.9M | 16.5M | 15.8M | 18.1M | 14.8M |
| Total Liabilities | 383.0M | 455.0M | 278.0M | 212.0M | 167.0M |
| Paid In Capital | 150.0M | 150.0M | 150.0M | 100.0M | 75.0M |
| Capital Reserve | 194.0M | 188.0M | 181.0M | 230.0M | 79.2M |
| Surplus Reserve | 58.6M | 48.6M | 44.3M | 37.6M | 33.2M |
| Retained Earnings | 328.0M | 264.0M | 244.0M | 196.0M | 167.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 741.0M | 661.0M | 631.0M | 574.0M | 365.0M |
| Total Equity | 741.0M | 661.0M | 631.0M | 574.0M | 365.0M |
| 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 | 429.0M | 432.0M | 360.0M | 253.0M | 272.0M |
| Tax Refunds Received | 12.3M | 15.8M | 8.3M | 13.1M | 3.9M |
| Total Operating Cash Inflow | 478.0M | 474.0M | 387.0M | 297.0M | 327.0M |
| Cash Paid For Goods | 259.0M | 258.0M | 201.0M | 159.0M | 131.0M |
| Cash Paid To Employees | 89.4M | 76.4M | 56.6M | 41.6M | 31.5M |
| Taxes Paid | 26.0M | 16.1M | 14.3M | 11.6M | 14.5M |
| Total Operating Cash Outflow | 425.0M | 392.0M | 303.0M | 260.0M | 242.0M |
| Operating Cash Flow | 53.7M | 82.1M | 84.6M | 37.2M | 84.9M |
| Total Investing Cash Inflow | 321.0M | 597.0M | 353.0M | 629.0M | 719.0M |
| Total Investing Cash Outflow | 403.0M | 656.0M | 477.0M | 710.0M | 688.0M |
| Investing Cash Flow | -81.3M | -59.8M | -124.0M | -81.1M | 30.5M |
| Cash From Borrowings | -- | 10.0M | -- | 10.0M | -- |
| Dividends And Interest Paid | 23.0M | 15.4M | 10.5M | 10.0M | 45.2M |
| Debt Repayments | 16.6M | -- | 10.0M | -- | 10.0M |
| Total Financing Cash Inflow | -- | 14.8M | -- | 201.0M | -- |
| Total Financing Cash Outflow | 39.9M | 15.8M | 21.1M | 22.9M | 57.8M |
| Financing Cash Flow | -39.9M | -1.1M | -21.1M | 178.0M | -57.8M |
| Net Change In Cash | -63.2M | 22.1M | -50.7M | 132.0M | 53.5M |
| Ending Cash Balance | 173.0M | 236.0M | 214.0M | 265.0M | 133.0M |
| Capex | 133.0M | 129.0M | 36.2M | 9.2M | 3.4M |