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 | 656.0M | 434.0M | 423.0M | 449.0M | 295.0M |
| Revenue Growth % | 51.2% | 2.6% | -5.8% | 52.2% | -- |
| Total Revenue | 656.0M | 434.0M | 423.0M | 449.0M | 295.0M |
| Cost Of Revenue | 493.0M | 325.0M | 314.0M | 325.0M | 193.0M |
| Gross Profit | 163.0M | 109.0M | 109.0M | 124.0M | 102.0M |
| Gross Margin % | 24.8% | 25.1% | 25.8% | 27.6% | 34.6% |
| Total Operating Cost | 603.0M | 373.0M | 364.0M | 389.0M | 236.0M |
| Selling Expenses | 22.7M | 11.2M | 8.9M | 14.4M | 9.8M |
| Admin Expenses | 28.1M | 14.7M | 12.8M | 17.3M | 14.6M |
| Rd Expenses | 36.2M | 23.1M | 23.3M | 27.4M | 16.1M |
| Finance Expenses | -2.9M | -5.3M | 1.6M | 937,300 | 960,200 |
| Operating Income | 56.2M | 62.3M | 62.6M | 63.4M | 61.4M |
| Operating Margin % | 8.6% | 14.4% | 14.8% | 14.1% | 20.8% |
| Non Operating Income | 38,300 | 145,500 | 127,400 | 15,400 | -- |
| Non Operating Expenses | 294,700 | 185,500 | 453,500 | 170,700 | 536,700 |
| Investment Income | 1.6M | -- | 115,000 | -- | 898,400 |
| Fair Value Change Income | 131,600 | -- | -- | -- | -- |
| Asset Disposal Income | -313,300 | -360,000 | -- | -19,500 | 118,700 |
| Asset Impairment Loss | 12.4M | 2.0M | 2.0M | 2.0M | 339,200 |
| Other Income | 1.3M | 1.6M | 3.8M | 3.6M | 1.5M |
| Income Before Tax | 56.0M | 62.3M | 62.2M | 63.2M | 60.9M |
| Income Tax | 7.6M | 7.4M | 3.7M | 5.1M | 7.2M |
| Net Income | 48.4M | 54.9M | 58.5M | 58.1M | 53.7M |
| Net Margin % | 7.4% | 12.6% | 13.8% | 12.9% | 18.2% |
| Net Income Attributable | 52.5M | 54.6M | 58.4M | 57.4M | 53.0M |
| Minority Interest | -4.1M | 284,000 | 79,600 | 740,100 | 703,500 |
| Eps Basic | 0.91 | 1.20 | 1.35 | 1.33 | 1.34 |
| Eps Diluted | 0.91 | 1.20 | 1.35 | 1.33 | 1.34 |
| 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 | 273.0M | 438.0M | 78.5M | 77.5M | 102.0M |
| Trading Financial Assets | 50.1M | 50.0M | -- | -- | -- |
| Accounts Receivable | 303.0M | 163.0M | 142.0M | 117.0M | 115.0M |
| Notes Receivable | 14.9M | 12.9M | 13.0M | 28.2M | 22.2M |
| Notes And Accounts Receivable | 318.0M | 175.0M | 155.0M | 145.0M | 137.0M |
| Prepayments | 1.5M | 1.6M | 346,400 | 1.7M | 4.6M |
| Inventory | 181.0M | 104.0M | 93.6M | 94.8M | 69.3M |
| Total Current Assets | 846.0M | 801.0M | 371.0M | 340.0M | 329.0M |
| Fixed Assets | -- | -- | -- | 99.0M | 58.2M |
| Fixed Assets Total | 524.0M | 119.0M | 115.0M | 99.0M | 58.2M |
| Construction In Progress | -- | -- | -- | 23.6M | 1.5M |
| Construction In Progress Total | 6.3M | 235.0M | 132.0M | 23.6M | 1.5M |
| Intangible Assets | 62.0M | 17.5M | 17.6M | 17.8M | 1.5M |
| Long Term Deferred Expenses | 6.5M | 5.5M | 8.1M | 9.4M | 5.4M |
| Total Non Current Assets | 674.0M | 398.0M | 299.0M | 183.0M | 85.8M |
| Total Assets | 1.5B | 1.2B | 669.0M | 523.0M | 415.0M |
| Short Term Borrowings | 69.6M | -- | 93,000 | 37.5M | -- |
| Accounts Payable | 181.0M | 84.1M | 72.6M | 55.5M | 72.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 730,900 | 91,100 | 52,400 | 10,100 | 32,500 |
| Total Current Liabilities | 441.0M | 182.0M | 117.0M | 138.0M | 94.3M |
| Long Term Borrowings | -- | -- | 121.0M | 10.0M | -- |
| Total Non Current Liabilities | 40.3M | 12.8M | 137.0M | 28.6M | 1.8M |
| Total Liabilities | 481.0M | 195.0M | 255.0M | 167.0M | 96.2M |
| Paid In Capital | 57.7M | 57.7M | 43.3M | 43.3M | 43.3M |
| Capital Reserve | 666.0M | 667.0M | 148.0M | 148.0M | 148.0M |
| Surplus Reserve | 37.6M | 30.1M | 24.3M | 18.1M | 12.7M |
| Retained Earnings | 272.0M | 242.0M | 193.0M | 141.0M | 110.0M |
| Minority Equity | 5.1M | 5.8M | 5.5M | 5.4M | 4.7M |
| Equity Attributable | 1.0B | 997.0M | 409.0M | 351.0M | 314.0M |
| Total Equity | 1.0B | 1.0B | 415.0M | 356.0M | 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 | 537.0M | 417.0M | 305.0M | 342.0M | 164.0M |
| Tax Refunds Received | 2.5M | 8.3M | 3.6M | 8.3M | 391,900 |
| Total Operating Cash Inflow | 548.0M | 437.0M | 314.0M | 358.0M | 168.0M |
| Cash Paid For Goods | 355.0M | 228.0M | 161.0M | 246.0M | 79.2M |
| Cash Paid To Employees | 105.0M | 66.3M | 61.8M | 61.9M | 36.6M |
| Taxes Paid | 12.9M | 9.2M | 18.6M | 11.0M | 15.8M |
| Total Operating Cash Outflow | 505.0M | 317.0M | 249.0M | 333.0M | 146.0M |
| Operating Cash Flow | 43.1M | 120.0M | 64.9M | 24.9M | 21.3M |
| Total Investing Cash Inflow | 563.0M | 161,700 | 45.1M | 124,000 | 257.0M |
| Total Investing Cash Outflow | 811.0M | 173.0M | 174.0M | 66.7M | 286.0M |
| Investing Cash Flow | -248.0M | -172.0M | -129.0M | -66.6M | -28.8M |
| Cash From Borrowings | 50.0M | 79.0M | 131.0M | 47.3M | 6.5M |
| Dividends And Interest Paid | 15.7M | 5.7M | 567,400 | 20.8M | 344,400 |
| Debt Repayments | -- | 200.0M | 59.4M | -- | 20.5M |
| Total Financing Cash Inflow | 211.0M | 715.0M | 140.0M | 48.6M | 138.0M |
| Total Financing Cash Outflow | 202.0M | 345.0M | 74.7M | 32.6M | 51.7M |
| Financing Cash Flow | 9.6M | 371.0M | 65.4M | 16.0M | 86.6M |
| Net Change In Cash | -196.0M | 320.0M | 2.0M | -26.0M | 79.3M |
| Ending Cash Balance | 202.0M | 398.0M | 78.1M | 76.1M | 102.0M |
| Capex | 242.0M | 123.0M | 129.0M | 66.7M | 25.7M |