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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 537.0M | 566.0M | 605.0M | 591.0M | 468.0M | 465.0M | 437.0M | 334.0M |
| Revenue Growth % | -5.1% | -6.4% | 2.4% | 26.3% | 0.6% | 6.4% | 30.8% | -- |
| Total Revenue | 537.0M | 566.0M | 605.0M | 591.0M | 468.0M | 465.0M | 437.0M | 334.0M |
| Cost Of Revenue | 431.0M | 441.0M | 466.0M | 435.0M | 361.0M | 333.0M | 306.0M | 232.0M |
| Gross Profit | 106.0M | 125.0M | 139.0M | 156.0M | 107.0M | 132.0M | 131.0M | 102.0M |
| Gross Margin % | 19.7% | 22.1% | 23.0% | 26.4% | 22.9% | 28.4% | 30.0% | 30.5% |
| Total Operating Cost | 591.0M | 554.0M | 570.0M | 532.0M | 414.0M | 395.0M | 361.0M | 279.0M |
| Selling Expenses | 6.9M | 7.1M | 4.9M | 5.5M | 3.5M | 4.5M | 4.3M | 3.3M |
| Admin Expenses | 61.0M | 44.4M | 38.8M | 43.9M | 17.2M | 17.2M | 14.3M | 13.5M |
| Rd Expenses | 51.1M | 38.1M | 45.1M | 37.1M | 21.6M | 26.1M | 27.1M | 23.5M |
| Finance Expenses | 22.5M | 10.4M | 10.2M | 5.3M | 7.1M | 8.4M | 7.5M | 4.7M |
| Operating Income | -42.4M | 19.5M | 38.9M | 62.7M | 57.3M | 79.7M | 78.3M | 55.2M |
| Operating Margin % | -7.9% | 3.5% | 6.4% | 10.6% | 12.2% | 17.1% | 17.9% | 16.5% |
| Non Operating Income | 532,000 | 1.9M | 944,300 | 23.5M | 3.9M | 3.2M | 2.1M | 592,300 |
| Non Operating Expenses | 3.6M | 2.3M | 1.3M | 100,000 | 956,500 | 121,500 | 72,900 | 160,100 |
| Investment Income | -349,400 | 258,300 | -194,500 | -1.1M | -246,100 | 189,100 | 237,000 | 60,700 |
| Fair Value Change Income | 0.00 | -11,900 | 11,900 | 1,300 | -- | -- | -- | -- |
| Asset Disposal Income | 113,600 | 168,300 | -6,300 | -- | -6,500 | -45,800 | -67,200 | -201,200 |
| Asset Impairment Loss | 13.1M | 7.7M | -827,100 | 2.8M | -254,700 | 159,200 | 1.0M | 2.0M |
| Other Income | 12.5M | 7.2M | 4.3M | 4.6M | 3.3M | 9.7M | 2.2M | 592,100 |
| Income Before Tax | -45.5M | 19.1M | 38.5M | 86.1M | 60.2M | 82.8M | 80.4M | 55.6M |
| Income Tax | -13.9M | -2.2M | -999,700 | 8.1M | 7.0M | 9.8M | 9.7M | 8.2M |
| Net Income | -31.7M | 21.3M | 39.5M | 78.1M | 53.2M | 73.0M | 70.7M | 47.4M |
| Net Margin % | -5.9% | 3.8% | 6.5% | 13.2% | 11.4% | 15.7% | 16.2% | 14.2% |
| Net Income Attributable | -27.6M | 23.0M | 40.2M | 78.3M | 53.3M | 73.0M | 70.7M | 47.4M |
| Minority Interest | -4.1M | -1.7M | -691,700 | -264,800 | -93,000 | -- | -- | -- |
| Eps Basic | -0.24 | 0.20 | 0.35 | 0.74 | 0.62 | 0.85 | 0.84 | 1.03 |
| Eps Diluted | -0.24 | 0.20 | 0.35 | 0.74 | 0.62 | 0.85 | 0.84 | 1.03 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 141.0M | 182.0M | 438.0M | 210.0M | 29.0M | 130.0M | 65.1M | 44.1M |
| Trading Financial Assets | 1,000 | 1,000 | 15.0M | 101,200 | -- | -- | -- | -- |
| Accounts Receivable | 189.0M | 210.0M | 173.0M | 184.0M | 207.0M | 173.0M | 99.5M | 97.1M |
| Notes Receivable | 16.0M | 9.5M | 56.0M | 35.6M | 70.2M | 20.2M | 5.1M | 12.7M |
| Notes And Accounts Receivable | 205.0M | 220.0M | 229.0M | 220.0M | 277.0M | 193.0M | 105.0M | 110.0M |
| Prepayments | 10.7M | 19.8M | 36.2M | 17.2M | 24.9M | 5.6M | 55.6M | 18.7M |
| Inventory | 385.0M | 396.0M | 432.0M | 371.0M | 201.0M | 243.0M | 194.0M | 103.0M |
| Total Current Assets | 770.0M | 870.0M | 1.2B | 858.0M | 580.0M | 588.0M | 430.0M | 299.0M |
| Long Term Equity Investment | 48.3M | 48.2M | 48.1M | 14.5M | -- | -- | -- | -- |
| Fixed Assets | -- | 208.0M | 193.0M | 182.0M | 193.0M | 198.0M | 159.0M | 144.0M |
| Fixed Assets Total | 1.2B | 209.0M | 193.0M | 183.0M | 193.0M | 198.0M | 159.0M | 144.0M |
| Construction In Progress | -- | 1.1B | 399.0M | 66.0M | 4.8M | 2.1M | 6.4M | 17.1M |
| Construction In Progress Total | 694.0M | 1.2B | 412.0M | 66.4M | 5.3M | 2.8M | 7.8M | 22.6M |
| Intangible Assets | 49.9M | 51.0M | 43.1M | 27.8M | 21.1M | 21.4M | 13.4M | 13.7M |
| Long Term Deferred Expenses | 9.6M | 12.7M | 13.2M | 200,000 | -- | -- | -- | -- |
| Total Non Current Assets | 2.0B | 1.6B | 856.0M | 353.0M | 225.0M | 230.0M | 185.0M | 184.0M |
| Total Assets | 2.8B | 2.4B | 2.1B | 1.2B | 804.0M | 818.0M | 615.0M | 483.0M |
| Short Term Borrowings | 294.0M | 110.0M | 322.0M | 143.0M | 118.0M | 106.0M | 72.6M | 56.0M |
| Accounts Payable | 423.0M | 315.0M | 151.0M | 81.3M | 46.2M | 66.1M | 44.1M | 72.1M |
| Advance Receipts | 47,300 | 45,300 | -- | -- | -- | 1.6M | 1.5M | 2.9M |
| Contract Liabilities | 1.2M | 3.5M | 556,200 | 3.7M | 194,300 | -- | -- | -- |
| Total Current Liabilities | 808.0M | 686.0M | 576.0M | 333.0M | 247.0M | 297.0M | 191.0M | 177.0M |
| Long Term Borrowings | 485.0M | 350.0M | 158.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 968.0M | 738.0M | 512.0M | 49.6M | 17.5M | 39.9M | 16.1M | 6.2M |
| Total Liabilities | 1.8B | 1.4B | 1.1B | 383.0M | 265.0M | 336.0M | 207.0M | 183.0M |
| Paid In Capital | 115.0M | 115.0M | 115.0M | 115.0M | 86.3M | 86.3M | 86.3M | 82.0M |
| Capital Reserve | 411.0M | 411.0M | 409.0M | 409.0M | 244.0M | 244.0M | 244.0M | 160.0M |
| Surplus Reserve | 10.0M | 9.9M | 9.9M | 9.9M | 7.0M | 5.6M | 1.9M | 4.1M |
| Retained Earnings | 291.0M | 320.0M | 297.0M | 273.0M | 197.0M | 145.0M | 76.2M | 54.3M |
| Minority Equity | 91.5M | 71.0M | 53.1M | 21.4M | 5.3M | -- | -- | -- |
| Equity Attributable | 923.0M | 953.0M | 928.0M | 807.0M | 535.0M | 481.0M | 408.0M | 300.0M |
| Total Equity | 1.0B | 1.0B | 981.0M | 828.0M | 540.0M | 481.0M | 408.0M | 300.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 452.0M | 483.0M | 529.0M | 576.0M | 351.0M | 410.0M | 428.0M | 268.0M |
| Tax Refunds Received | 68.1M | 54.1M | 27.7M | 5.8M | 1.3M | 1.9M | 4.9M | 5.7M |
| Total Operating Cash Inflow | 636.0M | 559.0M | 620.0M | 657.0M | 423.0M | 431.0M | 440.0M | 279.0M |
| Cash Paid For Goods | 517.0M | 343.0M | 538.0M | 486.0M | 336.0M | 338.0M | 415.0M | 243.0M |
| Cash Paid To Employees | 67.2M | 62.4M | 51.1M | 38.9M | 29.1M | 30.5M | 22.7M | 15.5M |
| Taxes Paid | 20.9M | 15.1M | 13.9M | 23.1M | 30.9M | 22.5M | 21.4M | 15.8M |
| Total Operating Cash Outflow | 657.0M | 491.0M | 644.0M | 599.0M | 410.0M | 423.0M | 488.0M | 301.0M |
| Operating Cash Flow | -20.6M | 68.1M | -24.0M | 58.0M | 13.5M | 8.5M | -47.9M | -22.1M |
| Total Investing Cash Inflow | 17.3M | 34.1M | 235,400 | -37,000 | 68,200 | 20.2M | 25.5M | 20.1M |
| Total Investing Cash Outflow | 312.0M | 436.0M | 457.0M | 105.0M | 18.6M | 53.3M | 23.9M | 55.0M |
| Investing Cash Flow | -294.0M | -402.0M | -456.0M | -105.0M | -18.5M | -33.1M | 1.6M | -34.9M |
| Cash From Borrowings | 724.0M | 323.0M | 954.0M | 160.0M | 130.0M | 204.0M | 106.0M | 56.0M |
| Dividends And Interest Paid | 25.7M | 6.1M | 26.9M | 7.6M | 9.2M | 9.3M | 4.6M | 3.3M |
| Debt Repayments | 434.0M | 320.0M | 250.0M | 157.0M | 162.0M | 114.0M | 85.6M | 33.0M |
| Total Financing Cash Inflow | 780.0M | 343.0M | 995.0M | 388.0M | 143.0M | 208.0M | 148.0M | 251.0M |
| Total Financing Cash Outflow | 461.0M | 327.0M | 282.0M | 181.0M | 174.0M | 136.0M | 97.6M | 193.0M |
| Financing Cash Flow | 319.0M | 15.6M | 713.0M | 207.0M | -30.4M | 71.7M | 50.7M | 57.7M |
| Net Change In Cash | 3.9M | -319.0M | 233.0M | 159.0M | -35.4M | 46.4M | 4.3M | 481,700 |
| Ending Cash Balance | 100.0M | 96.2M | 415.0M | 182.0M | 22.8M | 58.2M | 11.7M | 7.4M |
| Capex | 312.0M | 409.0M | 408.0M | 90.9M | 18.6M | 33.3M | 13.9M | 19.7M |