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 | 652.0M | 697.0M | 808.0M | 756.0M | 672.0M |
| Revenue Growth % | -6.5% | -13.7% | 6.9% | 12.5% | -- |
| Total Revenue | 652.0M | 697.0M | 808.0M | 756.0M | 672.0M |
| Cost Of Revenue | 556.0M | 572.0M | 685.0M | 617.0M | 515.0M |
| Gross Profit | 96.0M | 125.0M | 123.0M | 139.0M | 157.0M |
| Gross Margin % | 14.7% | 17.9% | 15.2% | 18.4% | 23.4% |
| Total Operating Cost | 632.0M | 648.0M | 763.0M | 694.0M | 591.0M |
| Selling Expenses | 3.2M | 3.8M | 4.8M | 3.9M | 3.5M |
| Admin Expenses | 37.8M | 32.5M | 30.2M | 24.3M | 25.0M |
| Rd Expenses | 33.1M | 38.5M | 40.7M | 39.8M | 35.5M |
| Finance Expenses | -4.7M | -8.1M | -4.8M | 8.3M | 4.6M |
| Operating Income | 21.5M | 51.0M | 47.2M | 64.1M | 83.7M |
| Operating Margin % | 3.3% | 7.3% | 5.8% | 8.5% | 12.5% |
| Non Operating Income | 280,200 | 1.2M | 1.5M | 3.6M | 194,700 |
| Non Operating Expenses | 828,300 | 1.3M | 859,800 | 1.0M | 660,000 |
| Investment Income | 243,800 | 75,200 | 781,600 | 223,000 | 218,900 |
| Fair Value Change Income | 245,600 | -- | -204,200 | -- | -401,200 |
| Asset Disposal Income | -217,600 | 63,700 | -465,700 | -174,300 | -179,400 |
| Asset Impairment Loss | 2.2M | 4.8M | 1.5M | -3.7M | 2.8M |
| Other Income | 1.7M | 1.6M | 1.5M | 2.0M | 3.2M |
| Income Before Tax | 21.0M | 50.9M | 47.8M | 66.7M | 83.2M |
| Income Tax | -346,300 | 2.1M | -3.2M | 6.0M | 8.1M |
| Net Income | 21.3M | 48.8M | 51.1M | 60.7M | 75.1M |
| Net Margin % | 3.3% | 7.0% | 6.3% | 8.0% | 11.2% |
| Net Income Attributable | 21.3M | 48.8M | 51.1M | 65.7M | 76.4M |
| Minority Interest | -- | -- | 19,700 | -5.0M | -1.3M |
| Eps Basic | 0.26 | 0.60 | 0.68 | 1.07 | 1.25 |
| Eps Diluted | 0.26 | 0.60 | 0.68 | 1.07 | 1.25 |
| 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 | 181.0M | 284.0M | 366.0M | 103.0M | 69.2M |
| Trading Financial Assets | 105.0M | -- | -- | -- | -- |
| Accounts Receivable | 134.0M | 140.0M | 182.0M | 174.0M | 170.0M |
| Notes Receivable | 12.9M | 16.6M | 6.8M | 31.5M | 23.2M |
| Notes And Accounts Receivable | 147.0M | 157.0M | 188.0M | 205.0M | 193.0M |
| Prepayments | 2.3M | 4.0M | 23.3M | 15.8M | 9.7M |
| Inventory | 218.0M | 194.0M | 232.0M | 143.0M | 112.0M |
| Total Current Assets | 729.0M | 724.0M | 1.0B | 579.0M | 488.0M |
| Fixed Assets | -- | 438.0M | 265.0M | 233.0M | 239.0M |
| Fixed Assets Total | 573.0M | 438.0M | 265.0M | 233.0M | 239.0M |
| Construction In Progress | -- | 113.0M | 107.0M | 40.2M | 1.0M |
| Construction In Progress Total | 12.5M | 113.0M | 107.0M | 40.2M | 1.0M |
| Intangible Assets | 33.7M | 35.3M | 22.1M | 23.1M | 22.5M |
| Long Term Deferred Expenses | 4.1M | 1.7M | 1.0M | 831,300 | 1.0M |
| Total Non Current Assets | 692.0M | 608.0M | 486.0M | 324.0M | 277.0M |
| Total Assets | 1.4B | 1.3B | 1.5B | 903.0M | 765.0M |
| Short Term Borrowings | 49.5M | 40.0M | 44.3M | 66.5M | 28.8M |
| Accounts Payable | 120.0M | 85.3M | 151.0M | 121.0M | 117.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 347,600 | 4.9M | 13,400 | 57,500 | 12.5M |
| Total Current Liabilities | 235.0M | 200.0M | 392.0M | 309.0M | 229.0M |
| Long Term Borrowings | 27.7M | -- | -- | -- | -- |
| Total Non Current Liabilities | 72.6M | 21.2M | 17.4M | 12.0M | 14.1M |
| Total Liabilities | 308.0M | 221.0M | 409.0M | 321.0M | 243.0M |
| Paid In Capital | 81.6M | 81.6M | 81.6M | 61.2M | 61.2M |
| Capital Reserve | 693.0M | 693.0M | 693.0M | 249.0M | 249.0M |
| Surplus Reserve | 37.7M | 35.7M | 30.8M | 25.6M | 18.6M |
| Retained Earnings | 300.0M | 301.0M | 277.0M | 232.0M | 173.0M |
| Minority Equity | -- | -- | -- | 14.5M | 19.5M |
| Equity Attributable | 1.1B | 1.1B | 1.1B | 567.0M | 502.0M |
| Total Equity | 1.1B | 1.1B | 1.1B | 582.0M | 521.0M |
| 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 | 579.0M | 778.0M | 682.0M | 674.0M | 551.0M |
| Tax Refunds Received | 36.2M | 26.9M | 29.5M | 10.0M | 6.8M |
| Total Operating Cash Inflow | 644.0M | 816.0M | 718.0M | 692.0M | 564.0M |
| Cash Paid For Goods | 458.0M | 627.0M | 652.0M | 539.0M | 409.0M |
| Cash Paid To Employees | 85.4M | 78.8M | 79.2M | 72.9M | 59.5M |
| Taxes Paid | 5.2M | 5.5M | 4.5M | 13.9M | 19.1M |
| Total Operating Cash Outflow | 563.0M | 730.0M | 752.0M | 649.0M | 504.0M |
| Operating Cash Flow | 80.8M | 85.8M | -34.5M | 42.5M | 60.0M |
| Total Investing Cash Inflow | 171.0M | 687,500 | 217.0M | 90.2M | 116.0M |
| Total Investing Cash Outflow | 357.0M | 147.0M | 365.0M | 147.0M | 164.0M |
| Investing Cash Flow | -187.0M | -147.0M | -147.0M | -56.3M | -47.6M |
| Cash From Borrowings | 77.2M | 79.0M | 76.9M | 74.9M | 49.1M |
| Dividends And Interest Paid | 23.1M | 20.5M | 2.0M | 1.4M | 7.0M |
| Debt Repayments | 40.0M | 83.2M | 99.4M | 37.3M | 58.7M |
| Total Financing Cash Inflow | 77.2M | 79.0M | 613.0M | 74.9M | 49.1M |
| Total Financing Cash Outflow | 63.1M | 105.0M | 165.0M | 43.2M | 70.3M |
| Financing Cash Flow | 14.1M | -25.8M | 448.0M | 31.7M | -21.2M |
| Net Change In Cash | -89.1M | -81.8M | 270.0M | 22.0M | -11.5M |
| Ending Cash Balance | 181.0M | 271.0M | 352.0M | 81.9M | 59.9M |
| Capex | 82.4M | 122.0M | 150.0M | 57.9M | 37.7M |