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 | 630.0M | 493.0M | 470.0M | 394.0M | 345.0M |
| Revenue Growth % | 27.8% | 4.9% | 19.3% | 14.2% | -- |
| Total Revenue | 630.0M | 493.0M | 470.0M | 394.0M | 345.0M |
| Cost Of Revenue | 495.0M | 384.0M | 328.0M | 258.0M | 208.0M |
| Gross Profit | 135.0M | 109.0M | 142.0M | 136.0M | 137.0M |
| Gross Margin % | 21.4% | 22.1% | 30.2% | 34.5% | 39.7% |
| Total Operating Cost | 634.0M | 528.0M | 431.0M | 317.0M | 255.0M |
| Selling Expenses | 16.6M | 14.5M | 11.6M | 7.9M | 5.6M |
| Admin Expenses | 52.4M | 49.4M | 38.6M | 24.8M | 19.1M |
| Rd Expenses | 38.0M | 32.6M | 22.4M | 19.7M | 15.9M |
| Finance Expenses | 5.0M | 2.8M | 861,700 | 1.1M | 673,800 |
| Operating Income | 6.5M | 21.2M | 70.8M | 86.1M | 94.5M |
| Operating Margin % | 1.0% | 4.3% | 15.1% | 21.9% | 27.4% |
| Non Operating Income | 148,200 | 235,400 | -- | 343,700 | 16,900 |
| Non Operating Expenses | 2.6M | 621,800 | 226,000 | 182,200 | 760,500 |
| Investment Income | 8.1M | 4.7M | 4.9M | 3.6M | 338,700 |
| Fair Value Change Income | -4.2M | 41.4M | 22.4M | 1.7M | -- |
| Asset Disposal Income | 71,900 | -500.00 | 923,800 | -75,700 | -59,000 |
| Asset Impairment Loss | 20.5M | 40.0M | 21.9M | 4.2M | 3.1M |
| Other Income | 6.6M | 10.5M | 3.5M | 4.0M | 4.1M |
| Income Before Tax | 4.1M | 20.8M | 70.6M | 86.3M | 93.7M |
| Income Tax | 975,500 | 6.0M | 6.8M | 10.4M | 12.4M |
| Net Income | 3.1M | 14.8M | 63.8M | 75.9M | 81.3M |
| Net Margin % | 0.5% | 3.0% | 13.6% | 19.3% | 23.6% |
| Net Income Attributable | 10.6M | 23.6M | 62.1M | 75.9M | 81.3M |
| Minority Interest | -7.5M | -8.7M | 1.7M | -- | -- |
| Eps Basic | 0.08 | 0.17 | 0.60 | 0.84 | 1.90 |
| Eps Diluted | 0.08 | 0.17 | 0.60 | 0.84 | 1.90 |
| 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 | 62.6M | 28.5M | 56.8M | 44.5M | 34.9M |
| Trading Financial Assets | 109.0M | 206.0M | 203.0M | 345.0M | 4.0M |
| Accounts Receivable | 228.0M | 192.0M | 178.0M | 103.0M | 106.0M |
| Notes Receivable | 6.7M | 5.1M | 15.5M | 4.3M | 9.7M |
| Notes And Accounts Receivable | 234.0M | 197.0M | 193.0M | 107.0M | 115.0M |
| Prepayments | 7.3M | 5.0M | 3.9M | 1.9M | 3.9M |
| Inventory | 235.0M | 169.0M | 156.0M | 114.0M | 84.5M |
| Total Current Assets | 685.0M | 633.0M | 663.0M | 642.0M | 257.0M |
| Fixed Assets | -- | 376.0M | 282.0M | 55.0M | 50.4M |
| Fixed Assets Total | 400.0M | 376.0M | 282.0M | 55.0M | 50.4M |
| Construction In Progress | -- | 25.6M | 40.2M | 131.0M | 47.6M |
| Construction In Progress Total | 17.7M | 25.6M | 40.2M | 131.0M | 47.6M |
| Intangible Assets | 42.3M | 43.3M | 45.1M | 31.4M | 32.7M |
| Long Term Deferred Expenses | 11.2M | 10.2M | 3.7M | 2.5M | 3.0M |
| Total Non Current Assets | 518.0M | 508.0M | 472.0M | 239.0M | 138.0M |
| Total Assets | 1.2B | 1.1B | 1.1B | 880.0M | 395.0M |
| Short Term Borrowings | 138.0M | 90.1M | 55.0M | 5.0M | 28.0M |
| Accounts Payable | 194.0M | 148.0M | 144.0M | 80.5M | 80.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 707,200 | 1.0M | 556,500 | 769,200 | 1.4M |
| Total Current Liabilities | 417.0M | 283.0M | 244.0M | 103.0M | 125.0M |
| Long Term Borrowings | 9.8M | -- | -- | -- | -- |
| Total Non Current Liabilities | 33.6M | 25.9M | 23.0M | 3.2M | 80,000 |
| Total Liabilities | 450.0M | 309.0M | 267.0M | 106.0M | 125.0M |
| Paid In Capital | 135.0M | 104.0M | 104.0M | 57.1M | 42.8M |
| Capital Reserve | 446.0M | 501.0M | 504.0M | 532.0M | 91.6M |
| Surplus Reserve | 47.2M | 44.2M | 35.0M | 27.1M | 19.8M |
| Retained Earnings | 170.0M | 172.0M | 184.0M | 158.0M | 115.0M |
| Minority Equity | 5.4M | 36.3M | 56.8M | -- | -- |
| Equity Attributable | 747.0M | 796.0M | 811.0M | 774.0M | 269.0M |
| Total Equity | 753.0M | 832.0M | 868.0M | 774.0M | 269.0M |
| 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 | 399.0M | 387.0M | 351.0M | 335.0M | 296.0M |
| Tax Refunds Received | 124,600 | 23.9M | -- | 1.5M | -- |
| Total Operating Cash Inflow | 404.0M | 421.0M | 356.0M | 342.0M | 300.0M |
| Cash Paid For Goods | 202.0M | 190.0M | 191.0M | 147.0M | 116.0M |
| Cash Paid To Employees | 173.0M | 138.0M | 106.0M | 80.7M | 64.1M |
| Taxes Paid | 17.2M | 23.7M | 29.7M | 25.5M | 31.4M |
| Total Operating Cash Outflow | 423.0M | 374.0M | 351.0M | 270.0M | 229.0M |
| Operating Cash Flow | -18.8M | 46.9M | 5.3M | 72.3M | 71.1M |
| Total Investing Cash Inflow | 231.0M | 499.0M | 1.0B | 735.0M | 26.9M |
| Total Investing Cash Outflow | 191.0M | 581.0M | 1.0B | 1.2B | 60.4M |
| Investing Cash Flow | 39.8M | -82.2M | -18.6M | -462.0M | -33.5M |
| Cash From Borrowings | 151.0M | 92.0M | 55.0M | 15.0M | 28.0M |
| Dividends And Interest Paid | 13.8M | 28.2M | 29.5M | 26.4M | 35.7M |
| Debt Repayments | 93.0M | 57.0M | 8.9M | 38.0M | 15.8M |
| Total Financing Cash Inflow | 151.0M | 108.0M | 70.6M | 501.0M | 28.0M |
| Total Financing Cash Outflow | 149.0M | 102.0M | 45.2M | 101.0M | 51.6M |
| Financing Cash Flow | 1.6M | 6.5M | 25.4M | 400.0M | -23.6M |
| Net Change In Cash | 22.9M | -28.3M | 12.3M | 9.6M | 13.8M |
| Ending Cash Balance | 51.4M | 28.5M | 56.8M | 44.5M | 34.9M |
| Capex | 24.4M | 101.0M | 136.0M | 121.0M | 56.4M |