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 |
|---|---|---|---|---|---|---|---|
| Revenue | 525.0M | 567.0M | 567.0M | 491.0M | 328.0M | 300.0M | 244.0M |
| Revenue Growth % | -7.4% | 0.0% | 15.5% | 49.7% | 9.3% | 23.0% | -- |
| Total Revenue | 525.0M | 567.0M | 567.0M | 491.0M | 328.0M | 300.0M | 244.0M |
| Cost Of Revenue | 403.0M | 407.0M | 396.0M | 346.0M | 225.0M | 200.0M | 163.0M |
| Gross Profit | 122.0M | 160.0M | 171.0M | 145.0M | 103.0M | 100.0M | 81.0M |
| Gross Margin % | 23.2% | 28.2% | 30.2% | 29.5% | 31.4% | 33.3% | 33.2% |
| Total Operating Cost | 465.0M | 455.0M | 452.0M | 394.0M | 259.0M | 251.0M | 230.0M |
| Selling Expenses | 7.5M | 6.0M | 5.6M | 4.9M | 4.1M | 11.5M | 9.7M |
| Admin Expenses | 28.1M | 26.8M | 21.0M | 19.1M | 16.0M | 20.1M | 36.0M |
| Rd Expenses | 24.8M | 25.5M | 23.0M | 20.7M | 14.5M | 13.5M | 14.1M |
| Finance Expenses | -13.3M | -14.7M | 100,300 | 141,300 | 56,600 | 1.6M | 4.8M |
| Operating Income | 68.5M | 117.0M | 120.0M | 97.8M | 70.8M | 50.2M | 14.0M |
| Operating Margin % | 13.0% | 20.6% | 21.2% | 19.9% | 21.6% | 16.7% | 5.7% |
| Non Operating Income | 7,900 | 500.00 | 1,500 | 30,000 | -- | 65,900 | -- |
| Non Operating Expenses | 1.5M | 1.0M | 3,300 | 49,600 | 85,800 | 42,700 | 51,500 |
| Investment Income | 5.1M | 576,000 | 329,400 | 6,948 | -507,400 | -2.2M | -545,400 |
| Asset Disposal Income | -- | -- | -2,800 | -6,500 | -- | -- | -- |
| Asset Impairment Loss | 8.4M | 4.2M | 2.7M | 971,400 | 611,800 | 987,900 | 1.6M |
| Other Income | 3.6M | 5.2M | 4.6M | 1.4M | 2.6M | 3.5M | 925,600 |
| Income Before Tax | 67.0M | 116.0M | 120.0M | 97.8M | 70.7M | 50.2M | 14.0M |
| Income Tax | 7.6M | 15.2M | 14.5M | 11.8M | 9.1M | 6.5M | 5.0M |
| Net Income | 59.4M | 101.0M | 105.0M | 86.0M | 61.6M | 43.7M | 8.9M |
| Net Margin % | 11.3% | 17.8% | 18.5% | 17.5% | 18.8% | 14.6% | 3.7% |
| Net Income Attributable | 59.4M | 101.0M | 105.0M | 86.0M | 61.6M | 43.7M | 8.9M |
| Eps Basic | 0.47 | 0.79 | 1.59 | 1.30 | 0.93 | -- | -- |
| Eps Diluted | 0.47 | 0.79 | 1.59 | 1.30 | 0.93 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 784.0M | 812.0M | 72.0M | 42.0M | 45.7M | 19.4M | 18.6M |
| Trading Financial Assets | -- | 90.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 202.0M | 129.0M | 129.0M | 105.0M | 68.3M | 66.9M | 49.9M |
| Notes Receivable | 5.3M | 24.4M | 2.5M | -- | 24.4M | 30.1M | 28.7M |
| Notes And Accounts Receivable | 207.0M | 154.0M | 132.0M | 105.0M | 92.7M | 97.0M | 78.6M |
| Prepayments | 3.5M | 3.0M | 3.4M | 4.4M | 2.9M | 1.1M | 1.8M |
| Inventory | 67.3M | 67.9M | 71.9M | 67.8M | 35.1M | 38.1M | 53.9M |
| Total Current Assets | 1.1B | 1.2B | 391.0M | 273.0M | 209.0M | 156.0M | 153.0M |
| Long Term Equity Investment | 30.0M | -- | -- | -- | -- | -- | 1.1M |
| Fixed Assets | -- | 85.3M | 65.9M | 65.6M | 67.3M | 63.4M | 63.7M |
| Fixed Assets Total | 273.0M | 85.3M | 65.9M | 65.6M | 67.3M | 63.4M | 63.7M |
| Construction In Progress | -- | 115.0M | 38.3M | 109,900 | -- | 145,600 | 75,600 |
| Construction In Progress Total | 41.0M | 115.0M | 38.3M | 109,900 | -- | 145,600 | 75,600 |
| Intangible Assets | 55.6M | 31.8M | 32.6M | 33.2M | 5.2M | 5.3M | 5.5M |
| Long Term Deferred Expenses | 2.6M | 57,700 | 230,900 | 58,600 | 349,200 | 628,900 | -- |
| Total Non Current Assets | 433.0M | 249.0M | 151.0M | 104.0M | 75.3M | 72.0M | 73.1M |
| Total Assets | 1.5B | 1.4B | 542.0M | 376.0M | 284.0M | 228.0M | 227.0M |
| Short Term Borrowings | -- | -- | -- | 3.8M | 28.7M | 37.6M | 54.2M |
| Accounts Payable | 53.5M | 46.9M | 79.8M | 47.4M | 30.2M | 35.8M | 38.1M |
| Advance Receipts | 187,500 | 40,600 | 156,700 | 20,600 | 22,300 | 94,700 | 30,700 |
| Contract Liabilities | 1.0M | 88,000 | 452,300 | 199,700 | 51,400 | -- | -- |
| Total Current Liabilities | 182.0M | 105.0M | 149.0M | 95.3M | 90.4M | 87.3M | 111.0M |
| Total Non Current Liabilities | 11.5M | 9.5M | 10.5M | 3.9M | 3.2M | 3.1M | 2.6M |
| Total Liabilities | 194.0M | 115.0M | 160.0M | 99.2M | 93.6M | 90.4M | 114.0M |
| Paid In Capital | 128.0M | 88.0M | 66.0M | 66.0M | 66.0M | 64.2M | 64.2M |
| Capital Reserve | 908.0M | 948.0M | 81.9M | 81.9M | 81.9M | 45.2M | 45.2M |
| Surplus Reserve | 29.2M | 24.8M | 17.0M | 9.5M | 3.4M | 2.4M | -- |
| Retained Earnings | 254.0M | 243.0M | 211.0M | 113.0M | 33.7M | 21.4M | 136,900 |
| Equity Attributable | 1.3B | 1.3B | 382.0M | 277.0M | 191.0M | 138.0M | 113.0M |
| Total Equity | 1.3B | 1.3B | 382.0M | 277.0M | 191.0M | 138.0M | 113.0M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 282.0M | 366.0M | 300.0M | 259.0M | 212.0M | 311.0M | 207.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- | -- | 549,900 |
| Total Operating Cash Inflow | 324.0M | 452.0M | 337.0M | 262.0M | 215.0M | 319.0M | 212.0M |
| Cash Paid For Goods | 101.0M | 131.0M | 126.0M | 121.0M | 91.0M | 161.0M | 122.0M |
| Cash Paid To Employees | 86.6M | 77.4M | 75.4M | 72.9M | 50.3M | 49.2M | 41.1M |
| Taxes Paid | 17.9M | 39.9M | 41.9M | 26.8M | 20.7M | 27.8M | 13.4M |
| Total Operating Cash Outflow | 242.0M | 324.0M | 292.0M | 231.0M | 168.0M | 255.0M | 197.0M |
| Operating Cash Flow | 81.9M | 128.0M | 44.9M | 30.8M | 46.8M | 64.8M | 15.4M |
| Total Investing Cash Inflow | 2.6B | 309.0M | 48.3M | 50.1M | 23.5M | 1.0M | -- |
| Total Investing Cash Outflow | 2.7B | 510.0M | 69.8M | 83.0M | 30.7M | 6.4M | 12.0M |
| Investing Cash Flow | -111.0M | -202.0M | -21.5M | -32.9M | -7.2M | -5.4M | -12.0M |
| Cash From Borrowings | 50.0M | -- | -- | -- | -- | 65.0M | 58.6M |
| Dividends And Interest Paid | 44.0M | 61.6M | -- | 1.6M | 8.3M | 21.6M | 3.1M |
| Debt Repayments | -- | -- | -- | -- | 5.0M | 92.7M | 69.3M |
| Total Financing Cash Inflow | 50.0M | 888.0M | -- | -- | -- | 75.0M | 76.3M |
| Total Financing Cash Outflow | 48.3M | 65.5M | 3.1M | 1.6M | 13.3M | 130.0M | 73.9M |
| Financing Cash Flow | 1.7M | 822.0M | -3.1M | -1.6M | -13.3M | -55.5M | 2.4M |
| Net Change In Cash | -27.1M | 749.0M | 20.3M | -3.7M | 26.3M | 3.9M | 5.8M |
| Ending Cash Balance | 784.0M | 811.0M | 62.3M | 42.0M | 45.7M | 19.4M | 15.6M |
| Capex | 176.0M | 112.0M | 21.8M | 34.0M | 6.2M | 6.4M | 12.0M |