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 | 372.0M | 472.0M | 498.0M | 549.0M | 566.0M | 564.0M | 395.0M | 266.0M | 192.0M |
| Revenue Growth % | -21.2% | -5.2% | -9.3% | -3.0% | 0.4% | 42.8% | 48.5% | 38.5% | -- |
| Total Revenue | 372.0M | 472.0M | 498.0M | 549.0M | 566.0M | 564.0M | 395.0M | 266.0M | 192.0M |
| Cost Of Revenue | 279.0M | 317.0M | 338.0M | 335.0M | 352.0M | 374.0M | 254.0M | 155.0M | 121.0M |
| Gross Profit | 93.0M | 155.0M | 160.0M | 214.0M | 214.0M | 190.0M | 141.0M | 111.0M | 71.0M |
| Gross Margin % | 25.0% | 32.8% | 32.1% | 39.0% | 37.8% | 33.7% | 35.7% | 41.7% | 37.0% |
| Total Operating Cost | 552.0M | 500.0M | 508.0M | 502.0M | 465.0M | 460.0M | 325.0M | 208.0M | 168.0M |
| Selling Expenses | 21.6M | 25.0M | 29.9M | 29.6M | 20.2M | 17.1M | 13.3M | 9.8M | 6.7M |
| Admin Expenses | 77.0M | 62.1M | 58.4M | 58.8M | 38.7M | 38.9M | 30.5M | 27.9M | 19.6M |
| Rd Expenses | 18.0M | 21.7M | 18.9M | 22.2M | 16.0M | 14.1M | 12.6M | 9.8M | 9.0M |
| Finance Expenses | 23.1M | 29.1M | 27.5M | 29.3M | 22.8M | 10.1M | 6.2M | 6.3M | 6.7M |
| Operating Income | -241.0M | -23.9M | -2.9M | 51.0M | 106.0M | 108.0M | 74.0M | 59.8M | 24.5M |
| Operating Margin % | -64.8% | -5.1% | -0.6% | 9.3% | 18.7% | 19.1% | 18.7% | 22.5% | 12.7% |
| Non Operating Income | 78,000 | 92,300 | 68,200 | 29,900 | 193,200 | 95,400 | 9,200 | 9,300 | 1.2M |
| Non Operating Expenses | 13.6M | 1.7M | 828,500 | 2.4M | 1.1M | 352,800 | 433,900 | 557,700 | 86,800 |
| Investment Income | -66.7M | -637,700 | -1.4M | 123,200 | -- | -- | 100,900 | 96,800 | -87,000 |
| Fair Value Change Income | -- | -- | -32,200 | 32,200 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2,200 | 2,100 | 2,500 | -5,400 | 215,600 | -- | -- | 210,100 | -17,300 |
| Asset Impairment Loss | 48.4M | 6.0M | 5.6M | 3.9M | 3.9M | -- | 6.4M | -2.9M | 2.7M |
| Other Income | 6.3M | 4.7M | 8.6M | 4.1M | 5.9M | 3.6M | 3.5M | 1.7M | -- |
| Income Before Tax | -254.0M | -25.4M | -3.7M | 48.7M | 106.0M | 107.0M | 73.6M | 59.3M | 25.6M |
| Income Tax | -6.6M | 6.4M | -4.4M | 8.5M | 13.3M | 11.8M | 6.3M | 11.9M | 5.0M |
| Net Income | -248.0M | -31.8M | 756,200 | 40.3M | 92.3M | 95.6M | 67.3M | 47.3M | 20.7M |
| Net Margin % | -66.7% | -6.7% | 0.2% | 7.3% | 16.3% | 16.9% | 17.0% | 17.8% | 10.8% |
| Net Income Attributable | -247.0M | -34.9M | -1.2M | 39.0M | 92.4M | 96.0M | 67.6M | 47.4M | 20.7M |
| Minority Interest | -436,300 | 3.1M | 2.0M | 1.2M | -80,100 | -374,700 | -293,200 | -33,800 | -- |
| Eps Basic | -1.39 | -0.20 | -0.01 | 0.23 | 0.70 | 0.74 | 0.56 | 0.43 | 0.20 |
| Eps Diluted | -1.39 | -0.20 | -0.01 | 0.23 | 0.70 | 0.74 | 0.56 | 0.43 | -- |
| 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 | 88.3M | 126.0M | 128.0M | 251.0M | 50.5M | 65.0M | 47.7M | 77.4M | 8.6M |
| Trading Financial Assets | -- | -- | -- | 21.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 568.0M | 556.0M | 422.0M | 329.0M | 185.0M | 139.0M | 148.0M | 62.3M | 76.5M |
| Notes Receivable | -- | 24.8M | -- | -- | -- | 4.4M | 2.9M | -- | -- |
| Notes And Accounts Receivable | 568.0M | 580.0M | 422.0M | 329.0M | 185.0M | 144.0M | 151.0M | 62.3M | 76.5M |
| Prepayments | 1.8M | 2.4M | 1.8M | 3.8M | 1.4M | 1.9M | 925,400 | 3.3M | 2.3M |
| Inventory | 6.1M | 5.7M | 7.5M | 5.8M | 3.5M | 40.4M | 12.1M | 32.3M | 6.9M |
| Total Current Assets | 914.0M | 784.0M | 648.0M | 736.0M | 369.0M | 286.0M | 236.0M | 195.0M | 111.0M |
| Long Term Equity Investment | 1.7M | 2.0M | 452,900 | -- | -- | -- | -- | -- | 1.5M |
| Fixed Assets | -- | 276.0M | 286.0M | 139.0M | 144.0M | 153.0M | 162.0M | 157.0M | -- |
| Fixed Assets Total | 244.0M | 276.0M | 286.0M | 139.0M | 144.0M | 153.0M | 162.0M | 157.0M | 150.0M |
| Construction In Progress | -- | 14.8M | 3.2M | 123.0M | 597.0M | 475.0M | 256.0M | 92.5M | -- |
| Construction In Progress Total | 63.1M | 14.8M | 3.2M | 123.0M | 597.0M | 475.0M | 256.0M | 92.5M | 77.8M |
| Intangible Assets | 974.0M | 1.2B | 1.1B | 1.0B | 499.0M | 287.0M | 165.0M | 139.0M | 58.1M |
| Long Term Deferred Expenses | 11.5M | 11.0M | 9.1M | 9.0M | 2.8M | 343,400 | 479,700 | 632,600 | 103,900 |
| Total Non Current Assets | 1.8B | 2.0B | 1.9B | 1.7B | 1.3B | 934.0M | 601.0M | 400.0M | 294.0M |
| Total Assets | 2.7B | 2.8B | 2.6B | 2.4B | 1.6B | 1.2B | 837.0M | 596.0M | 404.0M |
| Short Term Borrowings | 259.0M | 271.0M | 233.0M | 219.0M | 194.0M | 81.0M | 35.6M | 24.8M | 33.3M |
| Accounts Payable | 342.0M | 316.0M | 322.0M | 299.0M | 344.0M | 275.0M | 146.0M | 82.2M | 49.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 39.7M | 33.5M | 28.6M | 22.7M |
| Contract Liabilities | 129.0M | 118.0M | 103.0M | 62.6M | 46.3M | -- | -- | -- | -- |
| Total Current Liabilities | 1.3B | 1.0B | 858.0M | 779.0M | 717.0M | 510.0M | 308.0M | 162.0M | 234.0M |
| Long Term Borrowings | 447.0M | 556.0M | 492.0M | 493.0M | 86.5M | 58.6M | 76.3M | 60.6M | -- |
| Total Non Current Liabilities | 624.0M | 708.0M | 651.0M | 599.0M | 220.0M | 107.0M | 122.0M | 85.7M | 7.2M |
| Total Liabilities | 1.9B | 1.7B | 1.5B | 1.4B | 937.0M | 617.0M | 431.0M | 247.0M | 241.0M |
| Paid In Capital | 177.0M | 177.0M | 177.0M | 177.0M | 133.0M | 133.0M | 122.0M | 122.0M | 103.0M |
| Capital Reserve | 539.0M | 540.0M | 539.0M | 539.0M | 263.0M | 263.0M | 174.0M | 174.0M | 53.7M |
| Surplus Reserve | 20.2M | 20.2M | 20.2M | 20.2M | 20.2M | 15.6M | 8.9M | 4.8M | 2.5M |
| Retained Earnings | 21.1M | 268.0M | 303.0M | 308.0M | 279.0M | 191.0M | 102.0M | 47.6M | 3.1M |
| Minority Equity | 19.5M | 20.0M | 16.8M | 14.1M | 1.0M | 970,200 | 115,000 | 211,200 | -- |
| Equity Attributable | 758.0M | 1.0B | 1.0B | 1.0B | 695.0M | 602.0M | 406.0M | 348.0M | 163.0M |
| Total Equity | 777.0M | 1.0B | 1.1B | 1.1B | 696.0M | 603.0M | 406.0M | 348.0M | 163.0M |
| 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 | 348.0M | 365.0M | 292.0M | 241.0M | 215.0M | 256.0M | 152.0M | 213.0M | 157.0M |
| Tax Refunds Received | 68,700 | 1.8M | 44.7M | 5.3M | 2.3M | 1.7M | 549,200 | 459,500 | 340,400 |
| Total Operating Cash Inflow | 372.0M | 388.0M | 357.0M | 291.0M | 241.0M | 264.0M | 190.0M | 227.0M | 168.0M |
| Cash Paid For Goods | 231.0M | 138.0M | 138.0M | 223.0M | 295.0M | 222.0M | 126.0M | 119.0M | 105.0M |
| Cash Paid To Employees | 81.8M | 115.0M | 119.0M | 98.1M | 71.5M | 68.4M | 56.5M | 39.2M | 33.7M |
| Taxes Paid | 14.6M | 16.4M | 20.2M | 28.8M | 20.9M | 27.5M | 8.9M | 26.2M | 16.8M |
| Total Operating Cash Outflow | 406.0M | 342.0M | 382.0M | 469.0M | 432.0M | 350.0M | 223.0M | 252.0M | 167.0M |
| Operating Cash Flow | -33.7M | 45.4M | -25.5M | -178.0M | -190.0M | -86.5M | -32.9M | -24.7M | 1.1M |
| Total Investing Cash Inflow | 15.8M | -- | 31.2M | 41.1M | 1.0M | 2,118 | 2.5M | 1.9M | 22.7M |
| Total Investing Cash Outflow | 72.2M | 151.0M | 177.0M | 385.0M | 47.3M | 13.0M | 31.9M | 35.3M | 23.2M |
| Investing Cash Flow | -56.5M | -151.0M | -146.0M | -343.0M | -46.3M | -13.0M | -29.4M | -33.3M | -518,500 |
| Cash From Borrowings | 326.0M | 520.0M | 331.0M | 841.0M | 426.0M | 230.0M | 121.0M | 118.0M | 119.0M |
| Dividends And Interest Paid | 38.0M | 40.6M | 43.6M | 37.6M | 14.9M | 15.5M | 10.2M | 12.8M | 8.2M |
| Debt Repayments | 343.0M | 408.0M | 310.0M | 365.0M | 158.0M | 202.0M | 90.0M | 115.0M | 120.0M |
| Total Financing Cash Inflow | 812.0M | 757.0M | 439.0M | 1.2B | 427.0M | 330.0M | 132.0M | 250.0M | 119.0M |
| Total Financing Cash Outflow | 763.0M | 668.0M | 421.0M | 535.0M | 184.0M | 219.0M | 100.0M | 138.0M | 128.0M |
| Financing Cash Flow | 48.3M | 89.2M | 18.0M | 695.0M | 243.0M | 111.0M | 31.3M | 112.0M | -9.2M |
| Net Change In Cash | -41.7M | -15.5M | -152.0M | 173.0M | 5.1M | 12.0M | -30.0M | 53.2M | -8.6M |
| Ending Cash Balance | 11.5M | 53.1M | 68.7M | 220.0M | 47.2M | 42.2M | 30.2M | 60.2M | 7.0M |
| Capex | 72.2M | 148.0M | 166.0M | 314.0M | 35.6M | 7.9M | 31.6M | 35.3M | 4.9M |