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 | 323.0M | 346.0M | 477.0M | 354.0M | 216.0M |
| Revenue Growth % | -6.6% | -27.5% | 34.7% | 63.9% | -- |
| Total Revenue | 323.0M | 346.0M | 477.0M | 354.0M | 216.0M |
| Cost Of Revenue | 129.0M | 143.0M | 190.0M | 156.0M | 85.9M |
| Gross Profit | 194.0M | 203.0M | 287.0M | 198.0M | 130.1M |
| Gross Margin % | 60.1% | 58.7% | 60.2% | 55.9% | 60.2% |
| Total Operating Cost | 204.0M | 227.0M | 282.0M | 240.0M | 170.0M |
| Selling Expenses | 22.9M | 20.5M | 22.7M | 14.2M | 11.0M |
| Admin Expenses | 31.9M | 37.1M | 42.0M | 48.4M | 54.5M |
| Rd Expenses | 22.2M | 18.1M | 19.4M | 15.4M | 9.9M |
| Finance Expenses | -13.0M | -3.4M | -6.7M | 14,300 | 3.0M |
| Operating Income | 131.0M | 144.0M | 204.0M | 123.0M | 64.5M |
| Operating Margin % | 40.6% | 41.6% | 42.8% | 34.7% | 29.9% |
| Non Operating Income | 192,000 | 71,000 | 105,100 | 13.1M | 120,700 |
| Non Operating Expenses | 113,600 | 124,000 | 20,700 | 4.3M | 1.2M |
| Investment Income | 22,700 | -- | -1.2M | -- | 166,900 |
| Fair Value Change Income | -37,400 | -- | -- | -- | -- |
| Asset Disposal Income | 5,000 | 14,200 | -- | -941,900 | -- |
| Asset Impairment Loss | 5.9M | 4.3M | 9.8M | 4.8M | 3.3M |
| Other Income | 12.1M | 25.4M | 9.5M | 9.9M | 18.9M |
| Income Before Tax | 132.0M | 144.0M | 204.0M | 132.0M | 63.5M |
| Income Tax | 17.7M | 19.3M | 26.9M | 17.8M | 14.4M |
| Net Income | 114.0M | 125.0M | 177.0M | 114.0M | 49.1M |
| Net Margin % | 35.3% | 36.1% | 37.1% | 32.2% | 22.7% |
| Net Income Attributable | 114.0M | 125.0M | 177.0M | 114.0M | 49.1M |
| Eps Basic | 0.28 | 0.37 | 0.52 | 0.34 | 0.17 |
| Eps Diluted | 0.28 | 0.37 | 0.52 | 0.34 | 0.17 |
| 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 | 870.0M | 950.0M | 391.0M | 204.0M | 213.0M |
| Trading Financial Assets | 287,700 | -- | -- | -- | -- |
| Accounts Receivable | 86.2M | 82.1M | 71.6M | 64.9M | 61.8M |
| Notes Receivable | 27.8M | 21.1M | 32.2M | 19.7M | 19.3M |
| Notes And Accounts Receivable | 114.0M | 103.0M | 104.0M | 84.6M | 81.0M |
| Prepayments | 11.4M | 1.3M | 5.3M | 22.2M | 11.0M |
| Inventory | 95.7M | 94.7M | 147.0M | 137.0M | 61.5M |
| Total Current Assets | 1.1B | 1.2B | 648.0M | 473.0M | 373.0M |
| Fixed Assets | -- | 299.0M | 302.0M | 197.0M | 38.2M |
| Fixed Assets Total | 297.0M | 299.0M | 302.0M | 197.0M | 38.2M |
| Construction In Progress | -- | 11.5M | 154,900 | 81.0M | 51.4M |
| Construction In Progress Total | 1.8M | 11.5M | 154,900 | 81.0M | 51.4M |
| Intangible Assets | 18.9M | 20.2M | 20.2M | 21.1M | 18.6M |
| Long Term Deferred Expenses | 1.3M | -- | -- | -- | 5.2M |
| Total Non Current Assets | 339.0M | 343.0M | 333.0M | 316.0M | 132.0M |
| Total Assets | 1.4B | 1.5B | 981.0M | 789.0M | 505.0M |
| Accounts Payable | 10.8M | 21.6M | 30.5M | 83.6M | 18.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.1M | 830,300 | 2.7M | 340,000 | 861,200 |
| Total Current Liabilities | 34.9M | 133.0M | 113.0M | 106.0M | 34.8M |
| Long Term Borrowings | -- | 50.0M | 150.0M | 140.0M | 20.8M |
| Total Non Current Liabilities | 48.8M | 102.0M | 182.0M | 174.0M | 42.8M |
| Total Liabilities | 83.7M | 235.0M | 295.0M | 280.0M | 77.6M |
| Paid In Capital | 400.0M | 400.0M | 340.0M | 340.0M | 340.0M |
| Capital Reserve | 425.0M | 425.0M | 37.4M | 37.4M | 37.4M |
| Surplus Reserve | 57.8M | 46.4M | 33.9M | 16.2M | 4.8M |
| Retained Earnings | 465.0M | 387.0M | 275.0M | 116.0M | 44.8M |
| Equity Attributable | 1.3B | 1.3B | 686.0M | 509.0M | 427.0M |
| Total Equity | 1.3B | 1.3B | 686.0M | 509.0M | 427.0M |
| 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 | 332.0M | 365.0M | 484.0M | 339.0M | 211.0M |
| Tax Refunds Received | 3.2M | 1.3M | 17.9M | 17.5M | 2.6M |
| Total Operating Cash Inflow | 352.0M | 423.0M | 511.0M | 394.0M | 251.0M |
| Cash Paid For Goods | 124.0M | 65.3M | 185.0M | 230.0M | 99.2M |
| Cash Paid To Employees | 66.5M | 69.9M | 73.5M | 56.1M | 37.4M |
| Taxes Paid | 39.2M | 41.2M | 20.6M | 28.6M | 17.4M |
| Total Operating Cash Outflow | 255.0M | 198.0M | 307.0M | 346.0M | 168.0M |
| Operating Cash Flow | 96.4M | 225.0M | 204.0M | 48.3M | 83.3M |
| Total Investing Cash Inflow | 10.3M | 16,000 | 11.5M | 258,500 | 60.2M |
| Total Investing Cash Outflow | 27.6M | 52.6M | 66.5M | 146.0M | 115.0M |
| Investing Cash Flow | -17.3M | -52.6M | -55.0M | -146.0M | -54.5M |
| Cash From Borrowings | -- | 11.2M | 47.3M | 119.0M | 30.8M |
| Dividends And Interest Paid | 24.9M | 5.6M | 6.9M | 34.8M | 834,500 |
| Debt Repayments | 99.9M | 98.5M | -- | -- | 10.0M |
| Total Financing Cash Inflow | -- | 490.0M | 47.3M | 119.0M | 146.0M |
| Total Financing Cash Outflow | 161.0M | 105.0M | 6.9M | 36.8M | 10.8M |
| Financing Cash Flow | -161.0M | 385.0M | 40.5M | 82.3M | 135.0M |
| Net Change In Cash | -80.9M | 558.0M | 199.0M | -16.0M | 160.0M |
| Ending Cash Balance | 869.0M | 950.0M | 391.0M | 192.0M | 208.0M |
| Capex | 16.6M | 52.6M | 65.3M | 134.0M | 49.9M |