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 | 311.0M | 237.0M | 350.0M | 344.0M | 202.0M |
| Revenue Growth % | 31.2% | -32.3% | 1.7% | 70.3% | -- |
| Total Revenue | 311.0M | 237.0M | 350.0M | 344.0M | 202.0M |
| Cost Of Revenue | 136.0M | 92.2M | 121.0M | 113.0M | 67.7M |
| Gross Profit | 175.0M | 144.8M | 229.0M | 231.0M | 134.3M |
| Gross Margin % | 56.3% | 61.1% | 65.4% | 67.2% | 66.5% |
| Total Operating Cost | 330.0M | 229.0M | 235.0M | 219.0M | 151.0M |
| Selling Expenses | 48.1M | 45.8M | 34.9M | 33.3M | 26.6M |
| Admin Expenses | 37.5M | 27.5M | 26.8M | 19.8M | 19.7M |
| Rd Expenses | 118.0M | 87.1M | 61.2M | 49.1M | 35.1M |
| Finance Expenses | -18.7M | -25.9M | -13.3M | -1.2M | -1.8M |
| Operating Income | 2.2M | 13.9M | 137.0M | 141.0M | 63.7M |
| Operating Margin % | 0.7% | 5.9% | 39.1% | 41.0% | 31.6% |
| Non Operating Income | 131,800 | 58,100 | 1.1M | 425,800 | 3.1M |
| Non Operating Expenses | 40,100 | 22,100 | 20,900 | 1,300 | 37,000 |
| Investment Income | 2.9M | 693,400 | 789,600 | 579,600 | -- |
| Fair Value Change Income | 577,600 | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | -- | -3,100 | -- |
| Asset Impairment Loss | 3.5M | 1.6M | -- | -- | -- |
| Other Income | 17.4M | 6.2M | 20.1M | 16.3M | 12.5M |
| Income Before Tax | 2.3M | 14.0M | 138.0M | 141.0M | 66.8M |
| Income Tax | -16.2M | -10.6M | 11.1M | 13.7M | 6.0M |
| Net Income | 18.5M | 24.6M | 126.0M | 128.0M | 60.8M |
| Net Margin % | 5.9% | 10.4% | 36.0% | 37.2% | 30.1% |
| Net Income Attributable | 20.3M | 24.6M | 126.0M | 128.0M | 60.8M |
| Minority Interest | -1.8M | -- | -- | -- | -- |
| Eps Basic | 0.29 | 0.35 | 2.24 | 3.67 | 1.75 |
| Eps Diluted | 0.29 | 0.35 | 2.24 | 3.67 | 1.75 |
| 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 | 278.0M | 1.2B | 1.4B | 206.0M | 163.0M |
| Trading Financial Assets | 491.0M | -- | -- | -- | -- |
| Accounts Receivable | 127.0M | 72.2M | 78.9M | 85.3M | 64.5M |
| Notes Receivable | 16.1M | 12.8M | 28.2M | 60.3M | 25.8M |
| Notes And Accounts Receivable | 143.0M | 85.0M | 107.0M | 146.0M | 90.4M |
| Prepayments | 423,900 | 3.2M | 516,300 | 513,600 | 1.0M |
| Inventory | 178.0M | 179.0M | 143.0M | 135.0M | 88.7M |
| Total Current Assets | 1.4B | 1.5B | 1.6B | 503.0M | 350.0M |
| Fixed Assets | -- | 50.1M | 33.0M | 30.7M | 28.8M |
| Fixed Assets Total | 101.0M | 50.1M | 33.0M | 30.7M | 28.8M |
| Construction In Progress | -- | 35.8M | 7.1M | 1.0M | 536,500 |
| Construction In Progress Total | -- | 35.8M | 7.1M | 1.0M | 536,500 |
| Intangible Assets | 17.9M | 8.1M | 8.8M | 8.6M | 3.4M |
| Long Term Deferred Expenses | 836,800 | 1.1M | 296,300 | 200,400 | 85,200 |
| Total Non Current Assets | 231.0M | 112.0M | 75.5M | 63.5M | 34.8M |
| Total Assets | 1.6B | 1.6B | 1.7B | 567.0M | 385.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 26.6M | 20.8M | 28.6M | 17.0M | 23.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 25.4M | 66.0M | 55.1M | 72.0M | 16.1M |
| Total Current Liabilities | 95.6M | 127.0M | 115.0M | 118.0M | 65.2M |
| Total Non Current Liabilities | 2.2M | 1.9M | 2.7M | 1.1M | 1.0M |
| Total Liabilities | 97.8M | 129.0M | 117.0M | 119.0M | 66.2M |
| Paid In Capital | 69.8M | 69.6M | 46.4M | 34.8M | 34.8M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 208.0M | 208.0M |
| Surplus Reserve | 28.1M | 25.6M | 23.2M | 17.4M | 9.9M |
| Retained Earnings | 183.0M | 178.0M | 307.0M | 186.0M | 65.8M |
| Minority Equity | 8.2M | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 1.5B | 1.6B | 447.0M | 319.0M |
| Total Equity | 1.5B | 1.5B | 1.6B | 447.0M | 319.0M |
| 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 | 182.0M | 223.0M | 380.0M | 320.0M | 151.0M |
| Tax Refunds Received | 12.9M | 17.6M | 27.0M | 23.4M | 23.2M |
| Total Operating Cash Inflow | 215.0M | 269.0M | 421.0M | 350.0M | 186.0M |
| Cash Paid For Goods | 87.3M | 71.3M | 85.4M | 108.0M | 53.4M |
| Cash Paid To Employees | 143.0M | 131.0M | 116.0M | 94.3M | 69.2M |
| Taxes Paid | 20.8M | 15.6M | 48.2M | 44.6M | 21.6M |
| Total Operating Cash Outflow | 286.0M | 251.0M | 277.0M | 267.0M | 160.0M |
| Operating Cash Flow | -70.9M | 18.0M | 144.0M | 83.3M | 26.5M |
| Total Investing Cash Inflow | 922.0M | 8.4M | 10.8M | 540,100 | -- |
| Total Investing Cash Outflow | 1.7B | 68.8M | 11.6M | 38.4M | 1.5M |
| Investing Cash Flow | -817.0M | -60.3M | -802,400 | -37.8M | -1.5M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 12.9M | 150.0M | 249,100 | -- | -- |
| Debt Repayments | 0.00 | -- | -- | -- | -- |
| Total Financing Cash Inflow | 5.7M | -- | 1.0B | -- | -- |
| Total Financing Cash Outflow | 20.1M | 155.0M | 22.0M | 2.8M | 1.4M |
| Financing Cash Flow | -14.5M | -155.0M | 1.0B | -2.8M | -1.4M |
| Net Change In Cash | -902.0M | -197.0M | 1.2B | 42.5M | 23.0M |
| Ending Cash Balance | 263.0M | 1.2B | 1.4B | 206.0M | 163.0M |
| Capex | 21.1M | 50.0M | 11.6M | 8.4M | 1.5M |