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 | 224.0M | 410.0M | 439.0M | 467.0M | 367.0M |
| Revenue Growth % | -45.4% | -6.6% | -6.0% | 27.2% | -- |
| Total Revenue | 224.0M | 410.0M | 439.0M | 467.0M | 367.0M |
| Cost Of Revenue | 194.0M | 327.0M | 340.0M | 349.0M | 256.0M |
| Gross Profit | 30.0M | 83.0M | 99.0M | 118.0M | 111.0M |
| Gross Margin % | 13.4% | 20.2% | 22.6% | 25.3% | 30.2% |
| Total Operating Cost | 287.0M | 409.0M | 407.0M | 409.0M | 309.0M |
| Selling Expenses | 23.6M | 19.5M | 18.6M | 18.7M | 16.5M |
| Admin Expenses | 31.2M | 24.8M | 17.5M | 16.2M | 13.9M |
| Rd Expenses | 17.3M | 17.9M | 17.8M | 17.5M | 16.1M |
| Finance Expenses | -5.1M | -8.3M | -4.7M | -3.3M | -1.3M |
| Operating Income | -62.7M | 2.5M | 42.6M | 59.1M | 59.0M |
| Operating Margin % | -28.0% | 0.6% | 9.7% | 12.7% | 16.1% |
| Non Operating Income | 314,300 | 157,200 | 2.3M | 3.6M | 3.4M |
| Non Operating Expenses | 2.2M | 185,100 | 161,800 | 60,300 | 135,500 |
| Investment Income | 646,500 | 1.6M | 9.9M | -- | -- |
| Fair Value Change Income | -17,100 | 17,100 | -- | -- | -- |
| Asset Disposal Income | 423,100 | -- | -- | 242,000 | -- |
| Asset Impairment Loss | 3.6M | 671,700 | -478,700 | 914,500 | 430,900 |
| Other Income | 92,600 | 157,700 | 396,700 | 683,500 | 705,800 |
| Income Before Tax | -64.6M | 2.5M | 44.7M | 62.7M | 62.2M |
| Income Tax | -11.1M | -1.9M | 5.1M | 7.1M | 7.9M |
| Net Income | -53.5M | 4.4M | 39.6M | 55.6M | 54.3M |
| Net Margin % | -23.9% | 1.1% | 9.0% | 11.9% | 14.8% |
| Net Income Attributable | -49.6M | 6.4M | 39.6M | 55.7M | 54.5M |
| Minority Interest | -3.9M | -2.0M | -1,800 | -28,100 | -143,700 |
| Eps Basic | -0.74 | 0.10 | 0.60 | 1.09 | 1.54 |
| Eps Diluted | -0.74 | 0.10 | 0.60 | 1.09 | 1.54 |
| 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 | 335.0M | 507.0M | 595.0M | 653.0M | 183.0M |
| Trading Financial Assets | -- | 20.0M | -- | -- | -- |
| Accounts Receivable | 275.0M | 300.0M | 266.0M | 180.0M | 114.0M |
| Notes Receivable | 2.6M | -- | 249,200 | 104,400 | -- |
| Notes And Accounts Receivable | 277.0M | 300.0M | 266.0M | 180.0M | 114.0M |
| Prepayments | 17.1M | 8.2M | 22.2M | 11.9M | 7.3M |
| Inventory | 81.2M | 37.3M | 40.2M | 55.2M | 26.1M |
| Total Current Assets | 797.0M | 921.0M | 979.0M | 958.0M | 368.0M |
| Fixed Assets | -- | 71.6M | 3.7M | 4.4M | 5.0M |
| Fixed Assets Total | 125.0M | 71.6M | 3.7M | 4.4M | 5.0M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | 351.0M | -- | -- | -- | -- |
| Intangible Assets | 167,600 | 937,700 | 2.1M | 3.3M | 4.4M |
| Long Term Deferred Expenses | 2.9M | 560,200 | 840,500 | 1.7M | 2.7M |
| Total Non Current Assets | 537.0M | 123.0M | 37.8M | 50.1M | 78.1M |
| Total Assets | 1.3B | 1.0B | 1.0B | 1.0B | 446.0M |
| Short Term Borrowings | 46.2M | 10.9M | 2.0M | -- | 5.0M |
| Accounts Payable | 311.0M | 79.8M | 60.8M | 77.4M | 73.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 48.6M | 9.8M | 30.0M | 39.5M | 56.3M |
| Total Current Liabilities | 503.0M | 198.0M | 165.0M | 176.0M | 182.0M |
| Long Term Borrowings | 31.9M | -- | -- | -- | -- |
| Total Non Current Liabilities | 64.2M | 9.9M | 11.7M | 13.8M | 11.3M |
| Total Liabilities | 567.0M | 208.0M | 177.0M | 190.0M | 193.0M |
| Paid In Capital | 67.1M | 67.2M | 66.0M | 47.1M | 35.3M |
| Capital Reserve | 598.0M | 591.0M | 572.0M | 591.0M | 92.6M |
| Surplus Reserve | 25.9M | 25.9M | 25.9M | 22.8M | 17.7M |
| Retained Earnings | 120.0M | 176.0M | 175.0M | 158.0M | 107.0M |
| Minority Equity | 8.2M | 4.6M | -317,500 | -315,800 | -287,700 |
| Equity Attributable | 758.0M | 832.0M | 840.0M | 819.0M | 253.0M |
| Total Equity | 766.0M | 836.0M | 839.0M | 818.0M | 253.0M |
| 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 | 315.0M | 466.0M | 381.0M | 449.0M | 406.0M |
| Tax Refunds Received | -- | 21,200 | -- | 78,200 | -- |
| Total Operating Cash Inflow | 324.0M | 474.0M | 400.0M | 459.0M | 417.0M |
| Cash Paid For Goods | 298.0M | 393.0M | 388.0M | 411.0M | 252.0M |
| Cash Paid To Employees | 48.9M | 45.0M | 38.3M | 34.0M | 31.2M |
| Taxes Paid | 9.5M | 10.0M | 13.2M | 20.2M | 12.3M |
| Total Operating Cash Outflow | 378.0M | 466.0M | 464.0M | 493.0M | 324.0M |
| Operating Cash Flow | -54.2M | 8.4M | -64.1M | -33.7M | 93.3M |
| Total Investing Cash Inflow | 551.0M | 296.0M | 848.0M | -- | -- |
| Total Investing Cash Outflow | 498.0M | 644.0M | 868.0M | 193,600 | 8.3M |
| Investing Cash Flow | 53.5M | -348.0M | -20.2M | -193,600 | -8.3M |
| Cash From Borrowings | 130.0M | 115.0M | 4.0M | 53.0M | 25.9M |
| Dividends And Interest Paid | 8.6M | 7.6M | 18.9M | 354,600 | 14.9M |
| Debt Repayments | 60.1M | 106.0M | 2.0M | 58.0M | 25.9M |
| Total Financing Cash Inflow | 163.0M | 163.0M | 21.6M | 585.0M | 25.9M |
| Total Financing Cash Outflow | 106.0M | 163.0M | 34.3M | 75.7M | 45.4M |
| Financing Cash Flow | 57.8M | 858,500 | -12.7M | 509.0M | -19.5M |
| Net Change In Cash | 57.2M | -339.0M | -96.9M | 475.0M | 65.5M |
| Ending Cash Balance | 272.0M | 215.0M | 553.0M | 650.0M | 175.0M |
| Capex | 184.0M | 78.6M | 137,100 | 193,600 | 8.3M |