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 | 597.0M | 353.0M | 306.0M | 403.0M | 458.0M |
| Revenue Growth % | 69.1% | 15.4% | -24.1% | -12.0% | -- |
| Total Revenue | 597.0M | 353.0M | 306.0M | 403.0M | 458.0M |
| Cost Of Revenue | 453.0M | 336.0M | 244.0M | 282.0M | 319.0M |
| Gross Profit | 144.0M | 17.0M | 62.0M | 121.0M | 139.0M |
| Gross Margin % | 24.1% | 4.8% | 20.3% | 30.0% | 30.3% |
| Total Operating Cost | 551.0M | 408.0M | 301.0M | 335.0M | 385.0M |
| Selling Expenses | 5.0M | 4.7M | 4.2M | 4.2M | 2.2M |
| Admin Expenses | 34.5M | 26.4M | 24.6M | 19.5M | 21.1M |
| Rd Expenses | 38.1M | 32.8M | 26.3M | 25.9M | 27.6M |
| Finance Expenses | -6.8M | -10.0M | -6.8M | 1.3M | 3.7M |
| Operating Income | 58.7M | -46.8M | 16.9M | 77.5M | 76.3M |
| Operating Margin % | 9.8% | -13.3% | 5.5% | 19.2% | 16.7% |
| Non Operating Income | 126,300 | 667,800 | 145,400 | 250,200 | 281,200 |
| Non Operating Expenses | 43,200 | 114,400 | 99,100 | 167,900 | 96,900 |
| Investment Income | 1.7M | 541,100 | 393,900 | 491,700 | 959,600 |
| Asset Disposal Income | 75,600 | 1.5M | -17,700 | 263,400 | 6,000 |
| Asset Impairment Loss | 14.1M | 11.3M | 6.0M | 4.0M | 5.5M |
| Other Income | 10.8M | 6.2M | 12.1M | 8.7M | 2.7M |
| Income Before Tax | 58.8M | -46.2M | 17.0M | 77.6M | 76.5M |
| Income Tax | 3.0M | -13.6M | -667,100 | 8.4M | 8.6M |
| Net Income | 55.8M | -32.6M | 17.6M | 69.1M | 67.8M |
| Net Margin % | 9.3% | -9.2% | 5.8% | 17.2% | 14.8% |
| Net Income Attributable | 55.8M | -32.6M | 17.6M | 69.1M | 67.8M |
| Minority Interest | -- | -- | -- | -- | 40,000 |
| Eps Basic | 0.70 | -0.41 | 0.25 | 1.15 | 1.21 |
| Eps Diluted | 0.70 | -0.41 | 0.25 | 1.15 | 1.21 |
| 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 | 331.0M | 370.0M | 440.0M | 24.7M | 29.9M |
| Trading Financial Assets | -- | -- | 5.0M | 24.7M | 14.6M |
| Accounts Receivable | 433.0M | 260.0M | 166.0M | 142.0M | 205.0M |
| Notes Receivable | 13.3M | 2.8M | 6.6M | 7.5M | 6.6M |
| Notes And Accounts Receivable | 446.0M | 263.0M | 172.0M | 149.0M | 211.0M |
| Prepayments | 2.6M | 2.6M | 3.4M | 1.2M | 1.5M |
| Inventory | 96.4M | 77.7M | 85.8M | 70.7M | 67.2M |
| Total Current Assets | 925.0M | 747.0M | 745.0M | 379.0M | 424.0M |
| Long Term Equity Investment | 8.7M | 8.5M | -- | -- | -- |
| Fixed Assets | -- | 217.0M | 242.0M | 245.0M | 230.0M |
| Fixed Assets Total | 254.0M | 217.0M | 242.0M | 245.0M | 230.0M |
| Construction In Progress | -- | 25.3M | 4.5M | 11.1M | 14.4M |
| Construction In Progress Total | 66.5M | 25.3M | 4.5M | 11.1M | 14.4M |
| Intangible Assets | 4.6M | 4.1M | 4.3M | 4.5M | 4.4M |
| Long Term Deferred Expenses | 17.8M | 22.5M | 21.1M | 6.6M | 7.6M |
| Total Non Current Assets | 390.0M | 346.0M | 311.0M | 310.0M | 265.0M |
| Total Assets | 1.3B | 1.1B | 1.1B | 689.0M | 689.0M |
| Short Term Borrowings | 123.0M | 23.1M | 10.0M | 38.3M | 31.0M |
| Accounts Payable | 182.0M | 183.0M | 105.0M | 116.0M | 182.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 241,800 | 214,600 | 139,900 | 229,800 | -- |
| Total Current Liabilities | 427.0M | 263.0M | 180.0M | 232.0M | 322.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 32.6M | 31.4M | 34.5M | 37.5M | 16.5M |
| Total Liabilities | 459.0M | 295.0M | 214.0M | 269.0M | 338.0M |
| Paid In Capital | 80.0M | 80.0M | 80.0M | 60.0M | 60.0M |
| Capital Reserve | 550.0M | 548.0M | 548.0M | 165.0M | 165.0M |
| Surplus Reserve | 8.6M | 7.2M | 6.6M | 4.5M | 1.5M |
| Retained Earnings | 217.0M | 163.0M | 206.0M | 191.0M | 125.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 856.0M | 799.0M | 841.0M | 420.0M | 351.0M |
| Total Equity | 856.0M | 799.0M | 841.0M | 420.0M | 351.0M |
| 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 | 259.0M | 173.0M | 308.0M | 393.0M | 250.0M |
| Tax Refunds Received | 712,400 | 2.2M | 1.4M | 227,000 | 1.3M |
| Total Operating Cash Inflow | 360.0M | 299.0M | 493.0M | 546.0M | 413.0M |
| Cash Paid For Goods | 194.0M | 88.9M | 159.0M | 211.0M | 115.0M |
| Cash Paid To Employees | 107.0M | 83.4M | 81.8M | 83.3M | 71.8M |
| Taxes Paid | 26.6M | 21.7M | 17.2M | 25.6M | 14.2M |
| Total Operating Cash Outflow | 425.0M | 341.0M | 460.0M | 473.0M | 351.0M |
| Operating Cash Flow | -64.2M | -41.3M | 33.1M | 72.3M | 62.1M |
| Total Investing Cash Inflow | 11.1M | 30.3M | 74.4M | 224.0M | 214.0M |
| Total Investing Cash Outflow | 103.0M | 76.9M | 90.9M | 301.0M | 336.0M |
| Investing Cash Flow | -92.2M | -46.6M | -16.6M | -76.7M | -122.0M |
| Cash From Borrowings | 37.0M | 10.0M | 10.0M | 48.8M | 49.2M |
| Dividends And Interest Paid | 721,700 | 10.3M | 502,000 | 1.7M | 2.4M |
| Debt Repayments | 10.0M | 10.0M | 38.3M | 41.4M | 59.5M |
| Total Financing Cash Inflow | 131.0M | 18.3M | 435.0M | 48.8M | 160.0M |
| Total Financing Cash Outflow | 14.4M | 22.4M | 58.7M | 49.0M | 81.7M |
| Financing Cash Flow | 117.0M | -4.0M | 377.0M | -181,900 | 78.0M |
| Net Change In Cash | -39.4M | -92.6M | 394.0M | -3.2M | 17.8M |
| Ending Cash Balance | 277.0M | 317.0M | 409.0M | 15.9M | 19.1M |
| Capex | 93.3M | 48.9M | 36.7M | 73.5M | 114.0M |