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 | 351.0M | 276.0M | 301.0M | 375.0M | 338.0M |
| Revenue Growth % | 27.2% | -8.3% | -19.7% | 10.9% | -- |
| Total Revenue | 351.0M | 276.0M | 301.0M | 375.0M | 338.0M |
| Cost Of Revenue | 275.0M | 205.0M | 212.0M | 276.0M | 239.0M |
| Gross Profit | 76.0M | 71.0M | 89.0M | 99.0M | 99.0M |
| Gross Margin % | 21.7% | 25.7% | 29.6% | 26.4% | 29.3% |
| Total Operating Cost | 351.0M | 279.0M | 268.0M | 331.0M | 278.0M |
| Selling Expenses | 14.1M | 14.9M | 11.3M | 9.4M | 7.8M |
| Admin Expenses | 26.8M | 28.3M | 18.6M | 18.5M | 11.9M |
| Rd Expenses | 16.0M | 18.4M | 17.9M | 15.0M | 11.2M |
| Finance Expenses | 2.7M | 584,600 | 1.8M | 2.8M | 3.1M |
| Operating Income | 5.4M | 4.3M | 43.1M | 57.7M | 62.4M |
| Operating Margin % | 1.5% | 1.6% | 14.3% | 15.4% | 18.5% |
| Non Operating Income | 365,500 | 587,300 | 365,800 | 366,000 | 1.0M |
| Non Operating Expenses | 132,900 | 7,000 | 5,000 | 69,100 | 56,100 |
| Investment Income | -981,500 | 1.5M | 3.9M | 345,300 | -- |
| Fair Value Change Income | -- | -19,500 | -435,500 | 455,100 | -- |
| Asset Disposal Income | 105,900 | 17,100 | -- | 1,200 | -272,300 |
| Asset Impairment Loss | 3.4M | 1.2M | -372,500 | 887,900 | 855,500 |
| Other Income | 6.0M | 5.9M | 6.4M | 12.4M | 3.2M |
| Income Before Tax | 5.7M | 4.9M | 43.4M | 58.0M | 63.3M |
| Income Tax | -682,000 | -1.7M | -6.7M | 7.0M | 8.2M |
| Net Income | 6.3M | 6.6M | 50.1M | 50.9M | 55.2M |
| Net Margin % | 1.8% | 2.4% | 16.7% | 13.6% | 16.3% |
| Net Income Attributable | 6.4M | 6.6M | 50.1M | 50.9M | 55.2M |
| Minority Interest | -55,700 | -- | -- | -- | -- |
| Eps Basic | 0.06 | 0.06 | 0.46 | 0.77 | 0.88 |
| Eps Diluted | 0.06 | 0.06 | 0.46 | 0.77 | 0.88 |
| 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 | 20.5M | 10.9M | 115.0M | 48.1M | 21.0M |
| Trading Financial Assets | -- | -- | 50.0M | 178.0M | -- |
| Accounts Receivable | 253.0M | 215.0M | 205.0M | 157.0M | 113.0M |
| Notes Receivable | 53.8M | 54.1M | 54.7M | 122.0M | 114.0M |
| Notes And Accounts Receivable | 307.0M | 269.0M | 259.0M | 279.0M | 227.0M |
| Prepayments | 9.4M | 8.5M | 5.6M | 6.6M | 3.7M |
| Inventory | 131.0M | 131.0M | 97.3M | 96.0M | 71.2M |
| Total Current Assets | 503.0M | 447.0M | 559.0M | 631.0M | 347.0M |
| Long Term Equity Investment | 5.4M | 3.7M | -- | -- | -- |
| Fixed Assets | -- | 218.0M | 43.4M | 37.3M | 32.8M |
| Fixed Assets Total | 306.0M | 218.0M | 43.4M | 37.3M | 32.8M |
| Construction In Progress | -- | 125.0M | 111.0M | 549,800 | -- |
| Construction In Progress Total | 53.5M | 125.0M | 111.0M | 549,800 | -- |
| Intangible Assets | 40.4M | 42.1M | 41.5M | 11.3M | 11.5M |
| Long Term Deferred Expenses | 2.5M | 1.5M | 738,400 | 966,000 | 481,100 |
| Total Non Current Assets | 447.0M | 421.0M | 219.0M | 57.5M | 50.7M |
| Total Assets | 950.0M | 867.0M | 779.0M | 688.0M | 398.0M |
| Short Term Borrowings | 87.6M | 24.0M | 36.0M | 71.3M | 55.9M |
| Accounts Payable | 152.0M | 147.0M | 88.2M | 72.7M | 46.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 12.7M | 6.8M | 10.1M | 6.2M | 3.9M |
| Total Current Liabilities | 358.0M | 272.0M | 198.0M | 241.0M | 209.0M |
| Long Term Borrowings | 58.6M | 74.1M | 73.0M | -- | -- |
| Total Non Current Liabilities | 111.0M | 113.0M | 101.0M | 8.8M | 10.1M |
| Total Liabilities | 469.0M | 385.0M | 298.0M | 250.0M | 219.0M |
| Paid In Capital | 109.0M | 110.0M | 83.9M | 83.9M | 62.9M |
| Capital Reserve | 196.0M | 206.0M | 218.0M | 218.0M | 29.1M |
| Surplus Reserve | 37.8M | 37.1M | 36.4M | 31.4M | 26.3M |
| Retained Earnings | 145.0M | 140.0M | 143.0M | 106.0M | 60.1M |
| Minority Equity | -55,700 | -- | -- | -- | -- |
| Equity Attributable | 481.0M | 482.0M | 481.0M | 439.0M | 178.0M |
| Total Equity | 481.0M | 482.0M | 481.0M | 439.0M | 178.0M |
| 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 | 330.0M | 290.0M | 318.0M | 348.0M | 345.0M |
| Tax Refunds Received | 1.5M | 14.4M | -- | -- | -- |
| Total Operating Cash Inflow | 351.0M | 310.0M | 349.0M | 365.0M | 350.0M |
| Cash Paid For Goods | 264.0M | 198.0M | 188.0M | 261.0M | 218.0M |
| Cash Paid To Employees | 56.5M | 60.3M | 56.5M | 59.2M | 45.4M |
| Taxes Paid | 10.3M | 9.3M | 16.9M | 22.2M | 31.4M |
| Total Operating Cash Outflow | 354.0M | 300.0M | 289.0M | 371.0M | 312.0M |
| Operating Cash Flow | -2.6M | 10.5M | 60.0M | -5.9M | 38.5M |
| Total Investing Cash Inflow | 10,000 | 327.0M | 692.0M | 120.0M | 298,700 |
| Total Investing Cash Outflow | 44.6M | 442.0M | 730.0M | 312.0M | 4.7M |
| Investing Cash Flow | -44.6M | -115.0M | -38.2M | -192.0M | -4.4M |
| Cash From Borrowings | 113.0M | 35.0M | 135.0M | 87.2M | 69.0M |
| Dividends And Interest Paid | 5.1M | 10.2M | 11.2M | 2.2M | 33.7M |
| Debt Repayments | 38.6M | 36.0M | 79.0M | 71.9M | 72.1M |
| Total Financing Cash Inflow | 113.0M | 46.2M | 135.0M | 314.0M | 69.0M |
| Total Financing Cash Outflow | 55.8M | 46.4M | 90.3M | 89.2M | 107.0M |
| Financing Cash Flow | 57.2M | -195,400 | 45.2M | 225.0M | -37.8M |
| Net Change In Cash | 10.1M | -105.0M | 66.9M | 27.0M | -3.7M |
| Ending Cash Balance | 20.2M | 10.1M | 115.0M | 47.8M | 20.8M |
| Capex | 42.0M | 163.0M | 170.0M | 14.4M | 4.7M |