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 | 1.2B | 1.1B | 1.1B | 1.1B | 775.0M |
| Revenue Growth % | 11.6% | -4.9% | 0.2% | 44.5% | -- |
| Total Revenue | 1.2B | 1.1B | 1.1B | 1.1B | 775.0M |
| Cost Of Revenue | 933.0M | 816.0M | 859.0M | 800.0M | 533.0M |
| Gross Profit | 258.0M | 251.0M | 263.0M | 320.0M | 242.0M |
| Gross Margin % | 21.7% | 23.5% | 23.4% | 28.6% | 31.2% |
| Total Operating Cost | 1.2B | 995.0M | 1.0B | 960.0M | 654.0M |
| Selling Expenses | 28.2M | 24.9M | 24.9M | 21.0M | 16.4M |
| Admin Expenses | 114.0M | 84.1M | 82.4M | 79.1M | 58.7M |
| Rd Expenses | 43.0M | 39.6M | 39.7M | 38.0M | 26.3M |
| Finance Expenses | 23.0M | 17.6M | 9.4M | 14.7M | 13.8M |
| Operating Income | 43.2M | 79.5M | 118.0M | 164.0M | 124.0M |
| Operating Margin % | 3.6% | 7.5% | 10.5% | 14.6% | 16.0% |
| Non Operating Income | 645,300 | 408,800 | 514,800 | 460,200 | 10,100 |
| Non Operating Expenses | 275,100 | 92,300 | 483,000 | 300,700 | 481,000 |
| Investment Income | 1.6M | 1.6M | 2.2M | 394,300 | 18,200 |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 294,900 | 131,900 | 431,100 | 198,600 | -1.5M |
| Asset Impairment Loss | 11.2M | 2.3M | -164,300 | 1.1M | 2.4M |
| Other Income | 13.8M | 5.7M | 9.3M | 4.2M | 5.0M |
| Income Before Tax | 43.6M | 79.8M | 118.0M | 165.0M | 124.0M |
| Income Tax | 13.0M | 10.8M | 12.7M | 22.1M | 18.2M |
| Net Income | 30.6M | 69.0M | 105.0M | 143.0M | 106.0M |
| Net Margin % | 2.6% | 6.5% | 9.4% | 12.8% | 13.7% |
| Net Income Attributable | 53.3M | 75.3M | 106.0M | 145.0M | 111.0M |
| Minority Interest | -22.7M | -6.3M | -1.4M | -2.1M | -5.5M |
| Eps Basic | 0.13 | 0.19 | 0.27 | 0.40 | 0.32 |
| Eps Diluted | 0.13 | 0.19 | 0.27 | 0.40 | 0.32 |
| 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 | 183.0M | 574.0M | 224.0M | 135.0M | 115.0M |
| Trading Financial Assets | -- | -- | 1.5M | -- | -- |
| Accounts Receivable | 286.0M | 227.0M | 212.0M | 208.0M | 227.0M |
| Notes Receivable | 74.8M | 82.0M | 49.7M | 162.0M | -- |
| Notes And Accounts Receivable | 361.0M | 309.0M | 261.0M | 369.0M | 227.0M |
| Prepayments | 5.4M | 5.5M | 7.0M | 9.5M | 11.5M |
| Inventory | 355.0M | 283.0M | 339.0M | 349.0M | 192.0M |
| Total Current Assets | 964.0M | 1.3B | 858.0M | 881.0M | 618.0M |
| Long Term Equity Investment | 39.4M | 38.8M | 37.3M | 596,900 | 570,600 |
| Fixed Assets | -- | 640.0M | 583.0M | 578.0M | 544.0M |
| Fixed Assets Total | 1.2B | 640.0M | 583.0M | 578.0M | 544.0M |
| Construction In Progress | -- | 529.0M | 100.0M | 55.2M | 41.8M |
| Construction In Progress Total | 447.0M | 529.0M | 100.0M | 55.2M | 41.8M |
| Intangible Assets | 137.0M | 143.0M | 151.0M | 31.8M | 34.1M |
| Long Term Deferred Expenses | 31.8M | 37.0M | 31.2M | 29.9M | 14.2M |
| Total Non Current Assets | 2.0B | 1.5B | 1.0B | 785.0M | 688.0M |
| Total Assets | 2.9B | 2.8B | 1.9B | 1.7B | 1.3B |
| Short Term Borrowings | 37.5M | 140.0M | 256.0M | 181.0M | 144.0M |
| Accounts Payable | 200.0M | 112.0M | 74.4M | 139.0M | 121.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 47.0M | 45.9M | 39.0M | 25.7M | 7.7M |
| Total Current Liabilities | 759.0M | 630.0M | 629.0M | 515.0M | 391.0M |
| Long Term Borrowings | 411.0M | 386.0M | 128.0M | 95.1M | 117.0M |
| Total Non Current Liabilities | 641.0M | 924.0M | 161.0M | 128.0M | 143.0M |
| Total Liabilities | 1.4B | 1.6B | 790.0M | 643.0M | 534.0M |
| Paid In Capital | 432.0M | 400.0M | 400.0M | 400.0M | 352.0M |
| Capital Reserve | 386.0M | 90.2M | 90.2M | 90.2M | 31.5M |
| Surplus Reserve | 94.2M | 82.2M | 73.3M | 62.9M | 48.1M |
| Retained Earnings | 613.0M | 592.0M | 541.0M | 464.0M | 335.0M |
| Minority Equity | 3.0M | 18.9M | 3.6M | 4.9M | 7.1M |
| Equity Attributable | 1.5B | 1.2B | 1.1B | 1.0B | 765.0M |
| Total Equity | 1.5B | 1.2B | 1.1B | 1.0B | 772.0M |
| 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 | 934.0M | 951.0M | 1.1B | 915.0M | 764.0M |
| Tax Refunds Received | 76.5M | 3.0M | 19.6M | 3.8M | 4.4M |
| Total Operating Cash Inflow | 1.1B | 1.0B | 1.2B | 965.0M | 798.0M |
| Cash Paid For Goods | 539.0M | 465.0M | 657.0M | 674.0M | 500.0M |
| Cash Paid To Employees | 193.0M | 166.0M | 161.0M | 146.0M | 95.6M |
| Taxes Paid | 32.8M | 49.8M | 47.2M | 37.8M | 28.5M |
| Total Operating Cash Outflow | 871.0M | 798.0M | 936.0M | 943.0M | 689.0M |
| Operating Cash Flow | 234.0M | 226.0M | 228.0M | 21.8M | 109.0M |
| Total Investing Cash Inflow | 456.0M | 131.0M | 308.0M | 202.0M | 30.4M |
| Total Investing Cash Outflow | 948.0M | 622.0M | 590.0M | 308.0M | 136.0M |
| Investing Cash Flow | -492.0M | -491.0M | -282.0M | -106.0M | -105.0M |
| Cash From Borrowings | 158.0M | 570.0M | 452.0M | 246.0M | 231.0M |
| Dividends And Interest Paid | 37.6M | 34.6M | 40.0M | 12.9M | 11.2M |
| Debt Repayments | 233.0M | 438.0M | 256.0M | 231.0M | 203.0M |
| Total Financing Cash Inflow | 165.0M | 1.1B | 452.0M | 369.0M | 231.0M |
| Total Financing Cash Outflow | 282.0M | 488.0M | 310.0M | 268.0M | 218.0M |
| Financing Cash Flow | -117.0M | 596.0M | 142.0M | 101.0M | 13.3M |
| Net Change In Cash | -373.0M | 334.0M | 90.4M | 16.1M | 15.2M |
| Ending Cash Balance | 170.0M | 543.0M | 210.0M | 119.0M | 103.0M |
| Capex | 497.0M | 485.0M | 243.0M | 107.0M | 121.0M |