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 | 689.0M | 541.0M | 431.0M | 499.0M | 462.0M |
| Revenue Growth % | 27.4% | 25.5% | -13.6% | 8.0% | -- |
| Total Revenue | 689.0M | 541.0M | 431.0M | 499.0M | 462.0M |
| Cost Of Revenue | 532.0M | 394.0M | 327.0M | 347.0M | 310.0M |
| Gross Profit | 157.0M | 147.0M | 104.0M | 152.0M | 152.0M |
| Gross Margin % | 22.8% | 27.2% | 24.1% | 30.5% | 32.9% |
| Total Operating Cost | 677.0M | 535.0M | 434.0M | 427.0M | 382.0M |
| Selling Expenses | 7.7M | 7.7M | 8.3M | 6.7M | 4.0M |
| Admin Expenses | 55.0M | 59.8M | 45.1M | 33.9M | 27.2M |
| Rd Expenses | 40.6M | 39.1M | 34.7M | 30.5M | 25.3M |
| Finance Expenses | 15.9M | 15.0M | 6.5M | 2.0M | 2.6M |
| Operating Income | 20.0M | 13.3M | 8.2M | 79.5M | 84.7M |
| Operating Margin % | 2.9% | 2.5% | 1.9% | 15.9% | 18.3% |
| Non Operating Income | 649,100 | 300.00 | 442,300 | 199,400 | 898,200 |
| Non Operating Expenses | 361,300 | 38,600 | 526,400 | 195,100 | 494,900 |
| Investment Income | 454,700 | 969,900 | 1.2M | 596,800 | -- |
| Asset Disposal Income | -663,200 | -34,900 | -34,500 | -93,300 | -38,600 |
| Asset Impairment Loss | 16.2M | 12.1M | 9.3M | 5.3M | 5.9M |
| Other Income | 7.6M | 5.5M | 9.7M | 7.0M | 5.2M |
| Income Before Tax | 20.3M | 13.3M | 8.1M | 79.5M | 85.1M |
| Income Tax | 3.1M | 2.8M | -83,500 | 7.8M | 10.6M |
| Net Income | 17.3M | 10.5M | 8.2M | 71.7M | 74.5M |
| Net Margin % | 2.5% | 1.9% | 1.9% | 14.4% | 16.1% |
| Net Income Attributable | 19.7M | 11.3M | 8.5M | 72.0M | 74.8M |
| Minority Interest | -2.4M | -845,700 | -302,200 | -338,300 | -295,000 |
| Eps Basic | 0.14 | 0.08 | 0.06 | 0.56 | 1.11 |
| Eps Diluted | 0.14 | 0.08 | 0.06 | 0.56 | 1.11 |
| 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 | 110.0M | 118.0M | 88.4M | 161.0M | 66.8M |
| Trading Financial Assets | -- | 39.0M | 53.0M | 40.0M | -- |
| Accounts Receivable | 228.0M | 187.0M | 128.0M | 132.0M | 146.0M |
| Notes Receivable | 11.2M | 4.0M | 1.9M | 1.6M | 10.0M |
| Notes And Accounts Receivable | 239.0M | 191.0M | 130.0M | 134.0M | 156.0M |
| Prepayments | 4.1M | 1.1M | 595,600 | 527,300 | 196,900 |
| Inventory | 154.0M | 121.0M | 94.6M | 86.9M | 82.7M |
| Total Current Assets | 538.0M | 518.0M | 397.0M | 434.0M | 315.0M |
| Fixed Assets | -- | 714.0M | 716.0M | 70.5M | 63.2M |
| Fixed Assets Total | 703.0M | 714.0M | 716.0M | 70.5M | 63.2M |
| Construction In Progress | -- | 5.3M | 6.0M | 464.0M | 254.0M |
| Construction In Progress Total | 9.7M | 5.3M | 6.0M | 464.0M | 254.0M |
| Intangible Assets | 65.9M | 66.3M | 67.8M | 68.8M | 70.5M |
| Long Term Deferred Expenses | 7.6M | 7.8M | 4.5M | 3.7M | 4.6M |
| Total Non Current Assets | 820.0M | 843.0M | 844.0M | 650.0M | 398.0M |
| Total Assets | 1.4B | 1.4B | 1.2B | 1.1B | 712.0M |
| Short Term Borrowings | 267.0M | 151.0M | 171.0M | 47.4M | 49.8M |
| Accounts Payable | 190.0M | 214.0M | 179.0M | 123.0M | 228.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 740,500 | 701,100 | 655,000 | 307,200 | 2.6M |
| Total Current Liabilities | 574.0M | 533.0M | 392.0M | 212.0M | 320.0M |
| Long Term Borrowings | 124.0M | 155.0M | 180.0M | 180.0M | 50.1M |
| Total Non Current Liabilities | 140.0M | 182.0M | 217.0M | 220.0M | 60.7M |
| Total Liabilities | 714.0M | 716.0M | 609.0M | 432.0M | 381.0M |
| Paid In Capital | 144.0M | 144.0M | 144.0M | 90.0M | 67.5M |
| Capital Reserve | 193.0M | 206.0M | 204.0M | 247.0M | 20.4M |
| Surplus Reserve | 42.7M | 39.0M | 34.7M | 32.4M | 25.0M |
| Retained Earnings | 268.0M | 256.0M | 252.0M | 281.0M | 216.0M |
| Minority Equity | 2.8M | 5.2M | 1.6M | 1.9M | 2.3M |
| Equity Attributable | 641.0M | 640.0M | 631.0M | 650.0M | 329.0M |
| Total Equity | 644.0M | 645.0M | 633.0M | 652.0M | 331.0M |
| 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 | 602.0M | 487.0M | 510.0M | 543.0M | 498.0M |
| Tax Refunds Received | 2.9M | 555,300 | 1.4M | 1.3M | 120,000 |
| Total Operating Cash Inflow | 614.0M | 497.0M | 526.0M | 556.0M | 505.0M |
| Cash Paid For Goods | 399.0M | 279.0M | 360.0M | 327.0M | 286.0M |
| Cash Paid To Employees | 148.0M | 107.0M | 101.0M | 102.0M | 85.9M |
| Taxes Paid | 22.9M | 16.3M | 18.0M | 22.3M | 24.0M |
| Total Operating Cash Outflow | 606.0M | 440.0M | 503.0M | 480.0M | 422.0M |
| Operating Cash Flow | 7.9M | 57.3M | 22.9M | 76.1M | 83.1M |
| Total Investing Cash Inflow | 144.0M | 88.0M | 219.0M | 152.0M | 249,800 |
| Total Investing Cash Outflow | 163.0M | 154.0M | 387.0M | 502.0M | 164.0M |
| Investing Cash Flow | -18.6M | -65.6M | -168.0M | -350.0M | -163.0M |
| Cash From Borrowings | 299.0M | 322.0M | 227.0M | 194.0M | 150.0M |
| Dividends And Interest Paid | 23.1M | 18.7M | 41.8M | 1.9M | 2.0M |
| Debt Repayments | 264.0M | 261.0M | 107.0M | 65.4M | 80.9M |
| Total Financing Cash Inflow | 308.0M | 328.0M | 227.0M | 466.0M | 158.0M |
| Total Financing Cash Outflow | 314.0M | 294.0M | 158.0M | 91.3M | 92.7M |
| Financing Cash Flow | -6.2M | 34.7M | 69.2M | 375.0M | 65.8M |
| Net Change In Cash | -16.1M | 26.9M | -73.9M | 100.0M | -15.9M |
| Ending Cash Balance | 98.1M | 114.0M | 87.4M | 161.0M | 61.1M |
| Capex | 59.0M | 85.1M | 142.0M | 313.0M | 164.0M |