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 | 546.0M | 485.0M | 619.0M | 545.0M | 378.0M |
| Revenue Growth % | 12.6% | -21.6% | 13.6% | 44.2% | -- |
| Total Revenue | 546.0M | 485.0M | 619.0M | 545.0M | 378.0M |
| Cost Of Revenue | 479.0M | 408.0M | 482.0M | 400.0M | 275.0M |
| Gross Profit | 67.0M | 77.0M | 137.0M | 145.0M | 103.0M |
| Gross Margin % | 12.3% | 15.9% | 22.1% | 26.6% | 27.2% |
| Total Operating Cost | 535.0M | 442.0M | 527.0M | 455.0M | 315.0M |
| Selling Expenses | 13.6M | 12.0M | 9.2M | 9.8M | 6.9M |
| Admin Expenses | 25.1M | 19.5M | 11.5M | 10.5M | 8.4M |
| Rd Expenses | 17.8M | 17.1M | 21.1M | 19.9M | 12.3M |
| Finance Expenses | -14.3M | -20.9M | -1.5M | 5.6M | 5.9M |
| Operating Income | 17.3M | 54.0M | 94.8M | 94.8M | 65.3M |
| Operating Margin % | 3.2% | 11.1% | 15.3% | 17.4% | 17.3% |
| Non Operating Income | 20,000 | 690,900 | 6.4M | 2.6M | 60,000 |
| Non Operating Expenses | 105,900 | 1.0M | 129,300 | 243,800 | 260,400 |
| Investment Income | 581,800 | -- | -421,400 | -- | -- |
| Fair Value Change Income | 1.8M | -- | -2.2M | -- | -- |
| Asset Disposal Income | -1.9M | -- | 132,200 | 101,500 | -29,100 |
| Asset Impairment Loss | 8.7M | 2.9M | 2.1M | 222,300 | 2.5M |
| Other Income | 5.8M | 11.8M | 5.2M | 3.8M | 2.6M |
| Income Before Tax | 17.2M | 53.7M | 101.0M | 97.1M | 65.1M |
| Income Tax | 620,200 | 5.6M | 11.7M | 12.0M | 8.7M |
| Net Income | 16.6M | 48.1M | 89.4M | 85.1M | 56.4M |
| Net Margin % | 3.0% | 9.9% | 14.4% | 15.6% | 14.9% |
| Net Income Attributable | 16.6M | 48.1M | 89.4M | 85.1M | 56.4M |
| Eps Basic | 0.13 | 0.58 | 1.35 | 1.28 | 0.88 |
| Eps Diluted | 0.13 | 0.58 | 1.35 | 1.28 | 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 | 235.0M | 851.0M | 85.6M | 24.4M | 36.8M |
| Trading Financial Assets | 347.0M | -- | -- | -- | -- |
| Accounts Receivable | 197.0M | 137.0M | 165.0M | 198.0M | 122.0M |
| Notes Receivable | 32.2M | 33.6M | 60.8M | 52.4M | -- |
| Notes And Accounts Receivable | 229.0M | 170.0M | 226.0M | 251.0M | 122.0M |
| Prepayments | 2.4M | 2.3M | 3.7M | 2.3M | 6.1M |
| Inventory | 159.0M | 144.0M | 124.0M | 177.0M | 104.0M |
| Total Current Assets | 1.0B | 1.2B | 468.0M | 471.0M | 300.0M |
| Fixed Assets | -- | 115.0M | 118.0M | 114.0M | 116.0M |
| Fixed Assets Total | 255.0M | 115.0M | 118.0M | 114.0M | 116.0M |
| Construction In Progress | -- | 36.2M | 284,100 | 284,100 | 284,100 |
| Construction In Progress Total | 118.0M | 36.2M | 284,100 | 284,100 | 284,100 |
| Intangible Assets | 52.7M | 53.0M | 7.0M | 7.3M | 7.5M |
| Long Term Deferred Expenses | 2.8M | 1.5M | 1.1M | 1.7M | 1.4M |
| Total Non Current Assets | 540.0M | 224.0M | 140.0M | 146.0M | 140.0M |
| Total Assets | 1.6B | 1.5B | 608.0M | 617.0M | 440.0M |
| Short Term Borrowings | -- | 18.6M | 44.3M | 130.0M | 58.7M |
| Accounts Payable | 96.5M | 40.8M | 33.7M | 70.9M | 71.2M |
| Advance Receipts | -- | -- | -- | 38,100 | 83,100 |
| Contract Liabilities | 529,400 | 7.6M | 1.2M | 702,700 | 1.2M |
| Total Current Liabilities | 281.0M | 171.0M | 179.0M | 284.0M | 195.0M |
| Total Non Current Liabilities | 37.4M | 16.0M | 15.9M | 9.5M | 7.4M |
| Total Liabilities | 319.0M | 187.0M | 195.0M | 293.0M | 202.0M |
| Paid In Capital | 124.0M | 88.6M | 66.4M | 66.4M | 66.4M |
| Capital Reserve | 843.0M | 878.0M | 75.7M | 75.7M | 75.7M |
| Surplus Reserve | 33.3M | 31.9M | 27.1M | 18.1M | 9.6M |
| Retained Earnings | 258.0M | 269.0M | 244.0M | 163.0M | 86.6M |
| Equity Attributable | 1.3B | 1.3B | 413.0M | 323.0M | 238.0M |
| Total Equity | 1.3B | 1.3B | 413.0M | 323.0M | 238.0M |
| 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 | 421.0M | 432.0M | 541.0M | 376.0M | 294.0M |
| Tax Refunds Received | 5.1M | 4.3M | 3.4M | 4.6M | 2.5M |
| Total Operating Cash Inflow | 494.0M | 505.0M | 563.0M | 392.0M | 303.0M |
| Cash Paid For Goods | 353.0M | 288.0M | 275.0M | 357.0M | 186.0M |
| Cash Paid To Employees | 84.8M | 63.1M | 56.6M | 54.7M | 40.7M |
| Taxes Paid | 4.8M | 10.8M | 38.9M | 24.2M | 11.8M |
| Total Operating Cash Outflow | 494.0M | 416.0M | 411.0M | 460.0M | 251.0M |
| Operating Cash Flow | -226,200 | 89.0M | 152.0M | -67.7M | 51.9M |
| Total Investing Cash Inflow | 94.1M | 274,200 | 489,000 | 609,700 | 49,000 |
| Total Investing Cash Outflow | 684.0M | 87.6M | 11.2M | 7.6M | 28.6M |
| Investing Cash Flow | -590.0M | -87.3M | -10.7M | -7.0M | -28.5M |
| Cash From Borrowings | -- | 4.6M | 68.0M | 130.0M | 76.6M |
| Dividends And Interest Paid | 26.8M | 19.2M | 6.1M | 4.8M | 3.3M |
| Debt Repayments | -- | 44.2M | 154.0M | 58.8M | 84.3M |
| Total Financing Cash Inflow | -- | 848.0M | 70.8M | 135.0M | 113.0M |
| Total Financing Cash Outflow | 26.9M | 77.8M | 165.0M | 67.6M | 115.0M |
| Financing Cash Flow | -26.9M | 771.0M | -94.4M | 67.2M | -2.8M |
| Net Change In Cash | -616.0M | 772.0M | 47.9M | -7.4M | 19.7M |
| Ending Cash Balance | 226.0M | 841.0M | 69.5M | 21.6M | 29.1M |
| Capex | 246.0M | 87.6M | 8.6M | 7.6M | 28.6M |