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 | 291.0M | 264.0M | 211.0M | 226.0M | 308.0M |
| Revenue Growth % | 10.2% | 25.1% | -6.6% | -26.6% | -- |
| Total Revenue | 291.0M | 264.0M | 211.0M | 226.0M | 308.0M |
| Cost Of Revenue | 279.0M | 293.0M | 195.0M | 120.0M | 128.0M |
| Gross Profit | 12.0M | -29.0M | 16.0M | 106.0M | 180.0M |
| Gross Margin % | 4.1% | -11.0% | 7.6% | 46.9% | 58.4% |
| Total Operating Cost | 365.0M | 391.0M | 245.0M | 154.0M | 173.0M |
| Selling Expenses | 18.7M | 11.4M | 7.2M | 6.8M | 5.7M |
| Admin Expenses | 30.7M | 34.1M | 19.8M | 15.7M | 17.1M |
| Rd Expenses | 14.1M | 18.9M | 9.1M | 10.4M | 13.0M |
| Finance Expenses | 11.3M | 6.1M | 3.2M | 2.9M | 2.1M |
| Operating Income | -68.8M | -114.0M | -25.8M | 93.2M | 156.0M |
| Operating Margin % | -23.6% | -43.2% | -12.2% | 41.2% | 50.6% |
| Non Operating Income | 52,400 | 4.00 | -- | 7,700 | -- |
| Non Operating Expenses | 2.6M | 6,500 | 1.6M | 60,000 | 251,800 |
| Investment Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -187,700 | -151,700 | -- | -230,500 | -- |
| Asset Impairment Loss | 972,400 | 13.4M | 1.0M | -- | -- |
| Other Income | 6.2M | 13.8M | 8.3M | 21.5M | 21.3M |
| Income Before Tax | -71.3M | -114.0M | -27.4M | 93.1M | 156.0M |
| Income Tax | 15.87 | 6.9M | -5.8M | 7.5M | 14.3M |
| Net Income | -71.3M | -121.0M | -21.6M | 85.7M | 142.0M |
| Net Margin % | -24.5% | -45.8% | -10.2% | 37.9% | 46.1% |
| Net Income Attributable | -69.3M | -120.0M | -21.6M | 85.7M | 142.0M |
| Minority Interest | -2.0M | -784,300 | -- | -- | -- |
| Eps Basic | -0.74 | -1.27 | -0.23 | 1.09 | 2.00 |
| Eps Diluted | -0.74 | -1.27 | -0.23 | 1.09 | 2.00 |
| 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 | 29.5M | 67.7M | 146.0M | 402.0M | 64.1M |
| Accounts Receivable | 178.0M | 187.0M | 170.0M | 175.0M | 268.0M |
| Notes Receivable | 11.4M | 5.5M | 4.7M | 4.6M | 1.2M |
| Notes And Accounts Receivable | 190.0M | 193.0M | 175.0M | 180.0M | 270.0M |
| Prepayments | 2.7M | 4.8M | 11.5M | 1.7M | 1.9M |
| Inventory | 13.6M | 22.0M | 9.4M | 9.7M | 9.8M |
| Total Current Assets | 284.0M | 322.0M | 387.0M | 625.0M | 359.0M |
| Fixed Assets | -- | 605.0M | 503.0M | 236.0M | 164.0M |
| Fixed Assets Total | 590.0M | 605.0M | 503.0M | 236.0M | 164.0M |
| Construction In Progress | -- | 110.0M | 127.0M | 156.0M | 47.8M |
| Construction In Progress Total | 181.0M | 110.0M | 127.0M | 156.0M | 47.8M |
| Intangible Assets | 127.0M | 101.0M | 103.0M | 31.7M | 32.3M |
| Long Term Deferred Expenses | 4.0M | 5.6M | 3.2M | 1.2M | 505,600 |
| Total Non Current Assets | 974.0M | 926.0M | 797.0M | 477.0M | 295.0M |
| Total Assets | 1.3B | 1.2B | 1.2B | 1.1B | 654.0M |
| Short Term Borrowings | 89.2M | 69.7M | 30.0M | 10.0M | 32.0M |
| Accounts Payable | 161.0M | 131.0M | 111.0M | 76.1M | 63.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 21.1M | 18.5M | 7.7M | 12.9M | 54.5M |
| Total Current Liabilities | 345.0M | 264.0M | 194.0M | 143.0M | 183.0M |
| Long Term Borrowings | 73.0M | 92.0M | 19.2M | 22.0M | -- |
| Total Non Current Liabilities | 214.0M | 214.0M | 119.0M | 44.7M | 30.4M |
| Total Liabilities | 559.0M | 478.0M | 313.0M | 188.0M | 213.0M |
| Paid In Capital | 94.3M | 94.3M | 94.3M | 94.3M | 70.7M |
| Capital Reserve | 543.0M | 543.0M | 543.0M | 543.0M | 180.0M |
| Surplus Reserve | 26.9M | 26.9M | 26.9M | 26.9M | 18.3M |
| Retained Earnings | 6.6M | 75.9M | 196.0M | 241.0M | 164.0M |
| Minority Equity | 15.4M | 17.4M | -- | -- | -- |
| Equity Attributable | 684.0M | 752.0M | 871.0M | 915.0M | 441.0M |
| Total Equity | 699.0M | 770.0M | 871.0M | 915.0M | 441.0M |
| 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 | 278.0M | 272.0M | 210.0M | 282.0M | 259.0M |
| Tax Refunds Received | -- | -- | -- | 335,700 | 9.9M |
| Total Operating Cash Inflow | 302.0M | 307.0M | 244.0M | 310.0M | 287.0M |
| Cash Paid For Goods | 196.0M | 235.0M | 131.0M | 95.8M | 89.6M |
| Cash Paid To Employees | 43.1M | 41.1M | 37.0M | 32.3M | 30.4M |
| Taxes Paid | 8.6M | -15.4M | 7.6M | 13.8M | 22.0M |
| Total Operating Cash Outflow | 285.0M | 289.0M | 203.0M | 167.0M | 171.0M |
| Operating Cash Flow | 17.6M | 18.1M | 40.8M | 143.0M | 116.0M |
| Total Investing Cash Inflow | 202,500 | 4.7M | 45,600 | 8.0M | -- |
| Total Investing Cash Outflow | 71.2M | 221.0M | 278.0M | 197.0M | 116.0M |
| Investing Cash Flow | -71.0M | -216.0M | -278.0M | -189.0M | -116.0M |
| Cash From Borrowings | 129.0M | 206.0M | 40.0M | 50.0M | 32.0M |
| Dividends And Interest Paid | 7.7M | 5.3M | 25.8M | 1.7M | 15.1M |
| Debt Repayments | 124.0M | 76.0M | 24.8M | 42.0M | 20.0M |
| Total Financing Cash Inflow | 157.0M | 224.0M | 40.0M | 460.0M | 72.0M |
| Total Financing Cash Outflow | 145.0M | 89.3M | 73.6M | 75.9M | 43.1M |
| Financing Cash Flow | 12.1M | 135.0M | -33.6M | 384.0M | 28.9M |
| Net Change In Cash | -41.2M | -63.0M | -271.0M | 338.0M | 28.9M |
| Ending Cash Balance | 26.4M | 67.6M | 131.0M | 402.0M | 64.1M |
| Capex | 69.2M | 221.0M | 258.0M | 189.0M | 115.0M |