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 | 351.0M | 387.0M | 398.0M | 372.0M | 307.0M |
| Revenue Growth % | -9.3% | -2.8% | 7.0% | 21.2% | -- |
| Total Revenue | 351.0M | 387.0M | 398.0M | 372.0M | 307.0M |
| Cost Of Revenue | 219.0M | 231.0M | 248.0M | 226.0M | 170.0M |
| Gross Profit | 132.0M | 156.0M | 150.0M | 146.0M | 137.0M |
| Gross Margin % | 37.6% | 40.3% | 37.7% | 39.2% | 44.6% |
| Total Operating Cost | 300.0M | 333.0M | 319.0M | 295.0M | 231.0M |
| Selling Expenses | 14.0M | 12.4M | 6.3M | 10.1M | 8.2M |
| Admin Expenses | 43.6M | 46.8M | 30.7M | 21.9M | 15.9M |
| Rd Expenses | 33.7M | 36.3M | 26.7M | 28.0M | 21.3M |
| Finance Expenses | -18.1M | -7.0M | -678,700 | 4.5M | 7.4M |
| Operating Income | 54.5M | 62.2M | 81.7M | 78.2M | 79.2M |
| Operating Margin % | 15.5% | 16.1% | 20.5% | 21.0% | 25.8% |
| Non Operating Income | 84,300 | 18,300 | 1,100 | 6,000 | 36,800 |
| Non Operating Expenses | 1.2M | 1.4M | 652,700 | 272,800 | 116,400 |
| Investment Income | -- | 420,000 | -- | -- | -- |
| Asset Disposal Income | 15,400 | 122,000 | 102,000 | 110,000 | 256,000 |
| Asset Impairment Loss | 2.6M | 10.9M | 3.8M | 3.0M | 5.1M |
| Other Income | 3.0M | 7.1M | 1.8M | 436,800 | 3.1M |
| Income Before Tax | 53.4M | 60.9M | 81.1M | 78.0M | 79.1M |
| Income Tax | 8.9M | 5.4M | 7.0M | 7.9M | 9.7M |
| Net Income | 44.5M | 55.5M | 74.1M | 70.1M | 69.4M |
| Net Margin % | 12.7% | 14.3% | 18.6% | 18.8% | 22.6% |
| Net Income Attributable | 45.8M | 56.7M | 74.3M | 70.2M | 69.4M |
| Minority Interest | -1.3M | -1.2M | -205,800 | -87,700 | -7.00 |
| Eps Basic | 0.46 | 0.59 | 0.99 | 0.94 | 0.92 |
| Eps Diluted | 0.46 | 0.59 | 0.99 | 0.94 | 0.92 |
| 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 | 498.0M | 524.0M | 93.0M | 84.7M | 90.7M |
| Accounts Receivable | 112.0M | 97.8M | 156.0M | 122.0M | 116.0M |
| Notes Receivable | 653,200 | 3.4M | 3.4M | 1.4M | -- |
| Notes And Accounts Receivable | 112.0M | 101.0M | 160.0M | 123.0M | 116.0M |
| Prepayments | 2.7M | 1.1M | 5.1M | 3.9M | 1.8M |
| Inventory | 50.6M | 45.8M | 70.5M | 57.9M | 40.5M |
| Total Current Assets | 674.0M | 685.0M | 345.0M | 288.0M | 263.0M |
| Fixed Assets | -- | 231.0M | 269.0M | 259.0M | 54.6M |
| Fixed Assets Total | 215.0M | 231.0M | 269.0M | 259.0M | 54.6M |
| Construction In Progress | -- | 973,300 | 25.6M | 6.2M | 169.0M |
| Construction In Progress Total | 4.8M | 973,300 | 25.6M | 6.2M | 169.0M |
| Intangible Assets | 28.5M | 29.4M | 29.6M | 30.6M | 30.8M |
| Long Term Deferred Expenses | 40.1M | 31.2M | 1.5M | 370,700 | 506,100 |
| Total Non Current Assets | 367.0M | 366.0M | 357.0M | 312.0M | 258.0M |
| Total Assets | 1.0B | 1.1B | 701.0M | 600.0M | 521.0M |
| Short Term Borrowings | -- | -- | 107.0M | 81.1M | 81.1M |
| Accounts Payable | 51.6M | 34.2M | 101.0M | 86.1M | 99.9M |
| Advance Receipts | 130,700 | 8,800 | -- | -- | -- |
| Contract Liabilities | 1.2M | 858,500 | 414,200 | 2.6M | 1.7M |
| Total Current Liabilities | 88.6M | 90.4M | 259.0M | 212.0M | 212.0M |
| Long Term Borrowings | -- | -- | 27.5M | 55.1M | 50.7M |
| Total Non Current Liabilities | 5.1M | 8.6M | 39.5M | 58.4M | 51.3M |
| Total Liabilities | 93.7M | 99.0M | 298.0M | 271.0M | 263.0M |
| Paid In Capital | 100.0M | 100.0M | 75.0M | 75.0M | 75.0M |
| Capital Reserve | 521.0M | 521.0M | 3.7M | 3.7M | 3.7M |
| Surplus Reserve | 40.3M | 35.4M | 27.1M | 23.4M | 18.9M |
| Retained Earnings | 286.0M | 296.0M | 297.0M | 227.0M | 161.0M |
| Minority Equity | -884,800 | 414,500 | 696,500 | 902,300 | -7.00 |
| Equity Attributable | 948.0M | 952.0M | 403.0M | 328.0M | 258.0M |
| Total Equity | 947.0M | 952.0M | 403.0M | 329.0M | 258.0M |
| 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 | 343.0M | 458.0M | 336.0M | 355.0M | 269.0M |
| Tax Refunds Received | 13.2M | 18.8M | 17.2M | 20.1M | 16.1M |
| Total Operating Cash Inflow | 380.0M | 491.0M | 359.0M | 377.0M | 290.0M |
| Cash Paid For Goods | 166.0M | 186.0M | 189.0M | 207.0M | 144.0M |
| Cash Paid To Employees | 94.0M | 74.9M | 68.1M | 55.9M | 42.3M |
| Taxes Paid | 19.2M | 24.9M | 10.2M | 18.9M | 16.3M |
| Total Operating Cash Outflow | 311.0M | 336.0M | 294.0M | 306.0M | 222.0M |
| Operating Cash Flow | 68.9M | 155.0M | 64.6M | 70.7M | 67.8M |
| Total Investing Cash Inflow | 23,900 | 31.3M | 739,000 | 188,200 | 588,100 |
| Total Investing Cash Outflow | 40.8M | 94.3M | 48.7M | 79.5M | 82.7M |
| Investing Cash Flow | -40.8M | -63.0M | -48.0M | -79.3M | -82.1M |
| Cash From Borrowings | -- | 40.0M | 107.0M | 124.0M | 149.0M |
| Dividends And Interest Paid | 50.0M | 51.6M | 7.4M | 7.4M | 4.5M |
| Debt Repayments | -- | 202.0M | 109.0M | 109.0M | 96.0M |
| Total Financing Cash Inflow | 20,900 | 613.0M | 107.0M | 125.0M | 149.0M |
| Total Financing Cash Outflow | 54.2M | 285.0M | 120.0M | 121.0M | 106.0M |
| Financing Cash Flow | -54.2M | 328.0M | -13.3M | 3.4M | 42.8M |
| Net Change In Cash | -22.4M | 421.0M | 8.3M | -6.0M | 27.1M |
| Ending Cash Balance | 492.0M | 514.0M | 93.0M | 84.7M | 90.7M |
| Capex | 40.3M | 64.3M | 48.7M | 79.5M | 82.7M |