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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 555.0M | 524.0M | 668.0M | 958.0M | 1.1B | 528.0M | 295.0M | 304.0M | 215.0M | 149.0M | 117.0M |
| Revenue Growth % | 5.9% | -21.6% | -30.3% | -11.6% | 105.3% | 79.0% | -3.0% | 41.4% | 44.3% | 27.4% | -- |
| Total Revenue | 555.0M | 524.0M | 668.0M | 958.0M | 1.1B | 528.0M | 295.0M | 304.0M | 215.0M | 149.0M | 117.0M |
| Cost Of Revenue | 437.0M | 398.0M | 495.0M | 662.0M | 642.0M | 359.0M | 211.0M | 228.0M | 146.0M | 105.0M | 89.8M |
| Gross Profit | 118.0M | 126.0M | 173.0M | 296.0M | 442.0M | 169.0M | 84.0M | 76.0M | 69.0M | 44.0M | 27.2M |
| Gross Margin % | 21.3% | 24.0% | 25.9% | 30.9% | 40.8% | 32.0% | 28.5% | 25.0% | 32.1% | 29.5% | 23.2% |
| Total Operating Cost | 657.0M | 581.0M | 636.0M | 832.0M | 869.0M | 478.0M | 296.0M | 311.0M | 204.0M | 142.0M | 129.0M |
| Selling Expenses | 53.4M | 55.5M | 35.5M | 41.4M | 87.2M | 39.1M | 29.1M | 27.3M | 22.0M | 13.8M | 12.6M |
| Admin Expenses | 91.2M | 69.1M | 63.9M | 60.7M | 64.0M | 34.2M | 28.8M | 28.0M | 32.3M | 22.1M | 22.4M |
| Rd Expenses | 76.1M | 69.4M | 64.1M | 55.3M | 54.7M | 39.3M | 23.7M | 18.6M | -- | -- | -- |
| Finance Expenses | -18.3M | -21.5M | -24.7M | 5.1M | 8.9M | 1.8M | 2.9M | 3.1M | 1.6M | 1.7M | 1.9M |
| Operating Income | -93.6M | -37.9M | 67.6M | 136.0M | 219.0M | 53.7M | 2.7M | -4.4M | 11.4M | 6.6M | -11.7M |
| Operating Margin % | -16.9% | -7.2% | 10.1% | 14.2% | 20.2% | 10.2% | 0.9% | -1.5% | 5.3% | 4.5% | -10.0% |
| Non Operating Income | 925,400 | 249,200 | 140,100 | 845,900 | 275,800 | 19,000 | 112,500 | 145,400 | 2.2M | 2.5M | 1.8M |
| Non Operating Expenses | 1.1M | 1.8M | 4.1M | 215,400 | 186,500 | 84,100 | 240,400 | 379,200 | 278,600 | 581,800 | 149,500 |
| Investment Income | -47,500 | 2.8M | 7.3M | 115,700 | -- | -- | -- | -- | 86.30 | -- | 11,500 |
| Fair Value Change Income | 2.7M | 6.4M | 10.7M | -6,200 | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 2.7M | 1.4M | 2.4M | 528,200 | -- | 36,900 | 15,100 | 8,200 | -- | -- | -- |
| Asset Impairment Loss | 7.5M | 5.4M | 1.9M | 1.2M | 723,000 | -565,400 | 90,600 | 4.8M | 1.0M | -298,100 | 1.8M |
| Other Income | 3.3M | 8.1M | 15.0M | 9.9M | 4.0M | 4.0M | 3.7M | 2.6M | -- | -- | -- |
| Income Before Tax | -93.8M | -39.4M | 63.6M | 137.0M | 219.0M | 53.6M | 2.6M | -4.7M | 13.3M | 8.5M | -10.1M |
| Income Tax | -6.0M | -16.2M | -242,400 | 12.5M | 26.5M | 4.8M | -5,544 | -615,500 | 2.7M | 1.5M | -1.2M |
| Net Income | -87.8M | -23.2M | 63.9M | 124.0M | 193.0M | 48.8M | 2.6M | -4.0M | 10.6M | 7.0M | -8.8M |
| Net Margin % | -15.8% | -4.4% | 9.6% | 12.9% | 17.8% | 9.2% | 0.9% | -1.3% | 4.9% | 4.7% | -7.6% |
| Net Income Attributable | -86.4M | -22.6M | 63.9M | 124.0M | 193.0M | 48.8M | 2.6M | -2.5M | 13.4M | 8.8M | -6.2M |
| Minority Interest | -1.4M | -662,000 | -- | -- | -- | -- | -- | -1.5M | -2.7M | -1.7M | -2.7M |
| Eps Basic | -0.75 | -0.20 | 0.56 | 1.47 | 2.29 | 0.59 | 0.03 | -0.06 | 0.33 | 0.49 | -0.34 |
| Eps Diluted | -0.75 | -0.20 | 0.56 | 1.47 | 2.29 | 0.59 | 0.03 | -0.06 | 0.33 | 0.49 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 171.0M | 147.0M | 433.0M | 2.0B | 238.0M | 81.4M | 22.6M | 25.1M | 15.9M | 12.4M | 2.0M |
| Trading Financial Assets | 132.0M | 278.0M | 492.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 107.0M | 64.0M | 114.0M | 198.0M | 105.0M | 59.0M | 61.3M | 57.2M | 26.3M | 19.2M | 18.7M |
| Notes Receivable | -- | 3.4M | 11.3M | -- | -- | -- | -- | -- | -- | 100,000 | -- |
| Notes And Accounts Receivable | 107.0M | 67.4M | 126.0M | 198.0M | 105.0M | 59.0M | 61.3M | 57.2M | 26.3M | 19.3M | 18.7M |
| Prepayments | 9.9M | 7.7M | 10.7M | 5.7M | 12.9M | 7.1M | 5.5M | 3.3M | 2.7M | 2.1M | 2.6M |
| Inventory | 169.0M | 134.0M | 184.0M | 186.0M | 200.0M | 75.6M | 60.4M | 45.7M | 49.0M | 25.0M | 23.6M |
| Total Current Assets | 1.2B | 1.4B | 2.0B | 2.4B | 593.0M | 231.0M | 157.0M | 137.0M | 114.0M | 69.7M | 58.2M |
| Long Term Equity Investment | 12.0M | 12.6M | 13.1M | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 45.2M | 52.0M | 54.1M | 52.2M | 25.1M | 22.7M | 27.9M | 16.9M | 9.9M | 6.5M |
| Fixed Assets Total | 659.0M | 45.2M | 52.0M | 54.1M | 52.2M | 25.1M | 22.7M | 27.9M | 16.9M | 9.9M | 6.5M |
| Construction In Progress | -- | 446.0M | 287.0M | 61.6M | 216,700 | 3,400 | 903,400 | -- | 13.4M | 12.0M | 24.3M |
| Construction In Progress Total | 42.9M | 448.0M | 287.0M | 61.8M | 216,700 | 3,400 | 903,400 | -- | 13.4M | 12.0M | 24.3M |
| Intangible Assets | 48.6M | 49.2M | 47.3M | 50.5M | 53.8M | 2.0M | 1.5M | 740,700 | 613,700 | 748,600 | 764,900 |
| Long Term Deferred Expenses | 14.2M | 14.0M | 13.7M | 6.6M | 6.2M | 3.6M | 2.8M | 3.5M | 993,000 | 212,600 | 446,000 |
| Total Non Current Assets | 1.4B | 1.2B | 691.0M | 300.0M | 137.0M | 54.2M | 51.4M | 44.8M | 45.2M | 35.8M | 34.1M |
| Total Assets | 2.6B | 2.6B | 2.6B | 2.7B | 730.0M | 286.0M | 208.0M | 182.0M | 159.0M | 106.0M | 92.3M |
| Short Term Borrowings | -- | 2.5M | 9.0M | 12.2M | 5.7M | 22.4M | 24.1M | 25.3M | 16.8M | 13.0M | 12.4M |
| Accounts Payable | 225.0M | 143.0M | 144.0M | 188.0M | 170.0M | 70.6M | 55.5M | 60.0M | 54.9M | 27.1M | 19.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 13.9M | 16.8M | 9.9M | 13.6M | 8.6M | 5.2M |
| Contract Liabilities | 62.2M | 42.7M | 39.6M | 18.6M | 30.6M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 352.0M | 258.0M | 261.0M | 316.0M | 369.0M | 169.0M | 132.0M | 110.0M | 99.3M | 58.9M | 53.5M |
| Long Term Borrowings | -- | -- | -- | 7.7M | 3.7M | 6.6M | 14.3M | 14.0M | 9.5M | 10.1M | 9.8M |
| Total Non Current Liabilities | 34.6M | 52.0M | 78.0M | 105.0M | 12.6M | 10.3M | 18.7M | 17.2M | 12.6M | 10.1M | 9.8M |
| Total Liabilities | 387.0M | 310.0M | 339.0M | 422.0M | 382.0M | 179.0M | 151.0M | 128.0M | 112.0M | 69.0M | 63.3M |
| Paid In Capital | 115.0M | 115.0M | 115.0M | 115.0M | 84.9M | 42.2M | 42.2M | 42.2M | 40.0M | 18.0M | 18.0M |
| Capital Reserve | 1.8B | 1.8B | 1.8B | 1.8B | 18.6M | 11.3M | 11.2M | 10.5M | 7.1M | 1.0M | 750,000 |
| Surplus Reserve | 47.9M | 46.8M | 45.9M | 36.5M | 23.7M | 8.7M | 3.6M | 1.9M | 1.3M | 18,900 | -- |
| Retained Earnings | 220.0M | 307.0M | 354.0M | 333.0M | 222.0M | 44.0M | 360,500 | -573,800 | 5.4M | 21.7M | 12.9M |
| Minority Equity | -608,800 | 838,000 | -- | -- | -- | -- | -- | -- | -6.4M | -4.2M | -2.7M |
| Equity Attributable | 2.2B | 2.3B | 2.3B | 2.3B | 348.0M | 106.0M | 57.3M | 54.1M | 53.8M | 40.7M | 31.7M |
| Total Equity | 2.2B | 2.3B | 2.3B | 2.3B | 348.0M | 106.0M | 57.3M | 54.1M | 47.3M | 36.5M | 29.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 577.0M | 611.0M | 776.0M | 883.0M | 1.0B | 568.0M | 319.0M | 327.0M | 235.0M | 169.0M | 127.0M |
| Tax Refunds Received | 48.9M | 9.4M | 36.3M | 68.2M | 27.4M | 16.4M | 18.6M | 22.0M | 7.6M | 3.5M | 3.7M |
| Total Operating Cash Inflow | 639.0M | 629.0M | 859.0M | 965.0M | 1.1B | 588.0M | 342.0M | 353.0M | 250.0M | 178.0M | 137.0M |
| Cash Paid For Goods | 391.0M | 363.0M | 547.0M | 656.0M | 687.0M | 356.0M | 228.0M | 256.0M | 154.0M | 89.3M | 72.6M |
| Cash Paid To Employees | 191.0M | 140.0M | 166.0M | 197.0M | 138.0M | 96.4M | 68.7M | 59.4M | 50.3M | 33.8M | 33.7M |
| Taxes Paid | 10.4M | 6.3M | 21.8M | 38.3M | 37.2M | 15.2M | 7.9M | 8.0M | 8.1M | 18.9M | 13.3M |
| Total Operating Cash Outflow | 668.0M | 563.0M | 779.0M | 920.0M | 906.0M | 515.0M | 340.0M | 358.0M | 238.0M | 159.0M | 140.0M |
| Operating Cash Flow | -28.8M | 65.8M | 79.6M | 45.2M | 155.0M | 72.7M | 1.6M | -4.8M | 12.3M | 19.3M | -2.7M |
| Total Investing Cash Inflow | 814.0M | 1.4B | 2.6B | 653,800 | 4.4M | 76,400 | 16,900 | 10,500 | 530,100 | -- | 11,500 |
| Total Investing Cash Outflow | 747.0M | 1.7B | 4.1B | 55.9M | 89.9M | 12.9M | 14.5M | 10.9M | 12.6M | 4.0M | 2.1M |
| Investing Cash Flow | 67.0M | -318.0M | -1.5B | -55.2M | -85.4M | -12.9M | -14.5M | -10.9M | -12.1M | -4.0M | -2.1M |
| Cash From Borrowings | 10.0M | 6.1M | 9.0M | 19.9M | 8.8M | 24.0M | 28.8M | 46.9M | 23.5M | 20.4M | 18.0M |
| Dividends And Interest Paid | 98,800 | 23.0M | 34.5M | 61,000 | 676,600 | 1.9M | 2.5M | 1.6M | 1.8M | 2.1M | 2.0M |
| Debt Repayments | 10.0M | -- | 7.7M | 9.8M | 27.7M | 33.3M | 29.7M | 36.6M | 18.9M | 24.2M | 14.4M |
| Total Financing Cash Inflow | 10.6M | 7.6M | 12.4M | 1.8B | 58.8M | 24.1M | 37.9M | 59.2M | 24.0M | 20.9M | 18.0M |
| Total Financing Cash Outflow | 25.7M | 41.2M | 91.7M | 29.0M | 28.4M | 39.2M | 36.7M | 38.3M | 21.0M | 26.3M | 16.4M |
| Financing Cash Flow | -15.1M | -33.6M | -79.3M | 1.8B | 30.4M | -15.2M | 1.2M | 20.9M | 3.0M | -5.4M | 1.6M |
| Net Change In Cash | 25.9M | -285.0M | -1.5B | 1.8B | 92.3M | 44.4M | -11.9M | 4.3M | 3.4M | 10.4M | -3.0M |
| Ending Cash Balance | 165.0M | 139.0M | 425.0M | 1.9B | 144.0M | 51.8M | 7.3M | 19.2M | 15.9M | 12.4M | 2.0M |
| Capex | 206.0M | 552.0M | 371.0M | 55.9M | 39.9M | 12.9M | 14.5M | 9.5M | 12.6M | 4.0M | 2.1M |