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 | 970.0M | 969.0M | 780.0M | 702.0M | 645.0M |
| Revenue Growth % | 0.1% | 24.2% | 11.1% | 8.8% | -- |
| Total Revenue | 970.0M | 969.0M | 780.0M | 702.0M | 645.0M |
| Cost Of Revenue | 822.0M | 842.0M | 653.0M | 568.0M | 465.0M |
| Gross Profit | 148.0M | 127.0M | 127.0M | 134.0M | 180.0M |
| Gross Margin % | 15.3% | 13.1% | 16.3% | 19.1% | 27.9% |
| Total Operating Cost | 1.0B | 994.0M | 775.0M | 687.0M | 601.0M |
| Selling Expenses | 24.1M | 21.1M | 32.7M | 27.1M | 54.9M |
| Admin Expenses | 67.7M | 59.9M | 43.2M | 41.5M | 37.4M |
| Rd Expenses | 38.2M | 38.0M | 21.6M | 22.0M | 20.3M |
| Finance Expenses | 13.6M | 10.2M | 5.9M | 13.0M | 10.8M |
| Operating Income | -13.2M | -11.0M | 15.4M | 28.1M | 54.2M |
| Operating Margin % | -1.4% | -1.1% | 2.0% | 4.0% | 8.4% |
| Non Operating Income | 24,600 | 88,700 | 1.8M | 869,300 | 1.2M |
| Non Operating Expenses | 522,800 | 204,100 | 412,200 | 216,700 | 83,900 |
| Investment Income | 6.8M | 3.7M | -- | 1.2M | 143,300 |
| Fair Value Change Income | 507,000 | 659,900 | -- | -- | -- |
| Asset Disposal Income | -74,400 | 1.8M | 370,800 | 1.3M | 72,700 |
| Asset Impairment Loss | 17.8M | 7.0M | 5.8M | 4.2M | 5.8M |
| Other Income | 9.8M | 8.1M | 9.4M | 10.9M | 10.0M |
| Income Before Tax | -13.7M | -11.1M | 16.8M | 28.8M | 55.3M |
| Income Tax | -2.8M | -1.5M | 1.4M | 3.0M | 8.1M |
| Net Income | -10.8M | -9.6M | 15.4M | 25.8M | 47.2M |
| Net Margin % | -1.1% | -1.0% | 2.0% | 3.7% | 7.3% |
| Net Income Attributable | -9.3M | -9.1M | 17.6M | 25.9M | 47.2M |
| Minority Interest | -1.5M | -533,500 | -2.2M | -115,400 | -- |
| Eps Basic | -0.07 | -0.09 | 0.17 | 0.27 | 0.59 |
| Eps Diluted | -0.07 | -0.09 | 0.17 | 0.27 | 0.59 |
| 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 | 626.0M | 380.0M | 125.0M | 125.0M | 62.5M |
| Trading Financial Assets | 261.0M | 458.0M | -- | -- | 8.0M |
| Accounts Receivable | 440.0M | 457.0M | 273.0M | 184.0M | 155.0M |
| Notes Receivable | 60.8M | 42.9M | 25.8M | 6.2M | 20.5M |
| Notes And Accounts Receivable | 501.0M | 500.0M | 299.0M | 190.0M | 175.0M |
| Prepayments | 5.5M | 10.8M | 8.0M | 4.9M | 6.7M |
| Inventory | 455.0M | 362.0M | 429.0M | 410.0M | 378.0M |
| Total Current Assets | 1.9B | 1.8B | 885.0M | 742.0M | 649.0M |
| Fixed Assets | -- | 413.0M | 327.0M | 338.0M | 372.0M |
| Fixed Assets Total | 549.0M | 413.0M | 327.0M | 338.0M | 372.0M |
| Construction In Progress | -- | 43.2M | 52.5M | 1.2M | -- |
| Construction In Progress Total | 129.0M | 43.2M | 52.5M | 1.2M | -- |
| Intangible Assets | 85.4M | 90.5M | 75.5M | 61.7M | 62.7M |
| Long Term Deferred Expenses | 40.9M | 18.7M | 13.4M | 5.8M | 6.9M |
| Total Non Current Assets | 923.0M | 654.0M | 509.0M | 449.0M | 461.0M |
| Total Assets | 2.9B | 2.4B | 1.4B | 1.2B | 1.1B |
| Short Term Borrowings | 232.0M | 204.0M | 184.0M | 84.1M | 100.0M |
| Accounts Payable | 340.0M | 227.0M | 254.0M | 214.0M | 204.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 95.0M | 69.4M | 66.5M | 103.0M | 132.0M |
| Total Current Liabilities | 1.0B | 744.0M | 656.0M | 552.0M | 620.0M |
| Long Term Borrowings | 164.0M | 132.0M | 94.7M | 27.1M | 18.3M |
| Total Non Current Liabilities | 357.0M | 199.0M | 153.0M | 86.2M | 74.2M |
| Total Liabilities | 1.4B | 943.0M | 809.0M | 639.0M | 694.0M |
| Paid In Capital | 137.0M | 137.0M | 106.0M | 106.0M | 79.8M |
| Capital Reserve | 1.0B | 1.0B | 256.0M | 256.0M | 162.0M |
| Surplus Reserve | 25.6M | 25.6M | 25.6M | 23.3M | 20.0M |
| Retained Earnings | 118.0M | 141.0M | 164.0M | 159.0M | 147.0M |
| Minority Equity | 165.0M | 174.0M | 25.5M | -115,400 | -- |
| Equity Attributable | 1.3B | 1.3B | 559.0M | 552.0M | 416.0M |
| Total Equity | 1.4B | 1.5B | 585.0M | 552.0M | 416.0M |
| 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 | 887.0M | 706.0M | 686.0M | 637.0M | 553.0M |
| Tax Refunds Received | 19.6M | 8.8M | 8.2M | 14.1M | 5.4M |
| Total Operating Cash Inflow | 945.0M | 738.0M | 705.0M | 662.0M | 590.0M |
| Cash Paid For Goods | 558.0M | 556.0M | 559.0M | 444.0M | 295.0M |
| Cash Paid To Employees | 209.0M | 176.0M | 154.0M | 150.0M | 144.0M |
| Taxes Paid | 19.2M | 20.2M | 10.4M | 19.6M | 16.2M |
| Total Operating Cash Outflow | 856.0M | 843.0M | 774.0M | 664.0M | 519.0M |
| Operating Cash Flow | 88.7M | -105.0M | -68.6M | -1.6M | 71.3M |
| Total Investing Cash Inflow | 512.0M | 1.1B | 1.4M | 48.3M | 54.9M |
| Total Investing Cash Outflow | 604.0M | 1.7B | 99.2M | 71.8M | 90.9M |
| Investing Cash Flow | -91.7M | -596.0M | -97.8M | -23.5M | -36.0M |
| Cash From Borrowings | 344.0M | 346.0M | 281.0M | 129.0M | 113.0M |
| Dividends And Interest Paid | 33.4M | 26.6M | 20.4M | 17.7M | 6.8M |
| Debt Repayments | 273.0M | 224.0M | 120.0M | 130.0M | 132.0M |
| Total Financing Cash Inflow | 595.0M | 1.2B | 309.0M | 247.0M | 113.0M |
| Total Financing Cash Outflow | 336.0M | 255.0M | 147.0M | 150.0M | 145.0M |
| Financing Cash Flow | 259.0M | 937.0M | 162.0M | 97.5M | -32.2M |
| Net Change In Cash | 259.0M | 239.0M | 577,800 | 66.4M | 872,000 |
| Ending Cash Balance | 592.0M | 333.0M | 93.9M | 93.3M | 27.0M |
| Capex | 238.0M | 158.0M | 99.2M | 34.8M | 31.1M |