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 |
|---|---|---|---|---|---|---|
| Revenue | 508.0M | 546.0M | 442.0M | 399.0M | 188.0M | 93.3M |
| Revenue Growth % | -7.0% | 23.5% | 10.8% | 112.2% | 101.5% | -- |
| Total Revenue | 508.0M | 546.0M | 442.0M | 399.0M | 188.0M | 93.3M |
| Cost Of Revenue | 313.0M | 360.0M | 246.0M | 234.0M | 114.0M | 52.1M |
| Gross Profit | 195.0M | 186.0M | 196.0M | 165.0M | 74.0M | 41.2M |
| Gross Margin % | 38.4% | 34.1% | 44.3% | 41.4% | 39.4% | 44.2% |
| Total Operating Cost | 430.0M | 467.0M | 337.0M | 317.0M | 163.0M | 101.0M |
| Selling Expenses | 18.7M | 18.8M | 17.0M | 14.7M | 11.8M | 9.6M |
| Admin Expenses | 18.4M | 18.5M | 22.4M | 22.1M | 14.4M | 11.0M |
| Rd Expenses | 68.1M | 58.8M | 49.1M | 38.2M | 23.7M | 16.5M |
| Finance Expenses | -2.4M | -5.6M | -5.2M | -2.2M | -1.1M | 256,800 |
| Operating Income | 97.8M | 97.5M | 130.0M | 107.0M | 37.7M | 4.2M |
| Operating Margin % | 19.3% | 17.9% | 29.4% | 26.8% | 20.1% | 4.5% |
| Non Operating Income | 4,200 | 400.00 | 80,800 | 75,000 | 117,700 | 10,900 |
| Non Operating Expenses | 1.2M | 732,500 | 125,000 | 18,100 | 558,700 | 868,400 |
| Investment Income | 2.7M | 2.5M | 116,000 | 1.4M | 4.0M | 1.5M |
| Asset Disposal Income | 121,100 | -- | -- | 267,700 | -- | 48,000 |
| Asset Impairment Loss | 8.8M | 8.7M | 6.8M | 1.2M | 2.4M | 4.0M |
| Other Income | 17.0M | 15.5M | 24.8M | 22.8M | 8.7M | 10.1M |
| Income Before Tax | 96.6M | 96.7M | 130.0M | 107.0M | 37.3M | 3.4M |
| Income Tax | 4.4M | 7.4M | 16.5M | 10.9M | 4.4M | -1.9M |
| Net Income | 92.1M | 89.3M | 114.0M | 96.0M | 32.9M | 5.3M |
| Net Margin % | 18.1% | 16.4% | 25.8% | 24.1% | 17.5% | 5.7% |
| Net Income Attributable | 91.9M | 89.2M | 116.0M | 97.2M | 33.6M | 5.3M |
| Minority Interest | 236,800 | 115,400 | -2.0M | -1.2M | -780,500 | -- |
| Eps Basic | 2.94 | 2.85 | 3.70 | 3.11 | 1.11 | 0.19 |
| Eps Diluted | 2.94 | 2.85 | 3.70 | 3.11 | 1.11 | 0.19 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 281.0M | 273.0M | 380.0M | 225.0M | 104.0M | 114.0M |
| Trading Financial Assets | -- | -- | -- | -- | 99.9M | 77.0M |
| Accounts Receivable | 161.0M | 126.0M | 65.3M | 48.2M | 21.6M | 33.9M |
| Notes Receivable | 68.7M | 35.5M | 25.0M | 134.0M | 71.7M | 11.2M |
| Notes And Accounts Receivable | 230.0M | 162.0M | 90.2M | 183.0M | 93.3M | 45.2M |
| Prepayments | 6.6M | 6.9M | 2.4M | 6.5M | 14.7M | 1.3M |
| Inventory | 321.0M | 366.0M | 476.0M | 485.0M | 231.0M | 138.0M |
| Total Current Assets | 957.0M | 919.0M | 1.0B | 1.0B | 602.0M | 402.0M |
| Fixed Assets | -- | 6.0M | 5.6M | 3.6M | 4.2M | 3.6M |
| Fixed Assets Total | 8.2M | 6.5M | 5.6M | 3.6M | 4.2M | 3.6M |
| Intangible Assets | 3.3M | 4.6M | 3.8M | 4.2M | 5.0M | 1.1M |
| Long Term Deferred Expenses | 1.0M | 538,100 | 625,000 | 1.6M | 1.8M | 1.4M |
| Total Non Current Assets | 48.2M | 62.8M | 52.0M | 24.7M | 27.6M | 14.6M |
| Total Assets | 1.0B | 982.0M | 1.1B | 1.0B | 629.0M | 417.0M |
| Accounts Payable | 42.4M | 31.3M | 25.8M | 28.0M | 68.3M | 10.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 121.0M |
| Contract Liabilities | 117.0M | 220.0M | 392.0M | 399.0M | 150.0M | -- |
| Total Current Liabilities | 283.0M | 349.0M | 510.0M | 589.0M | 281.0M | 147.0M |
| Total Non Current Liabilities | 7.3M | 11.0M | 4.9M | 6.1M | 2.6M | 2.1M |
| Total Liabilities | 291.0M | 360.0M | 515.0M | 595.0M | 283.0M | 150.0M |
| Paid In Capital | 31.3M | 31.3M | 31.3M | 31.3M | 31.3M | 30.0M |
| Capital Reserve | 283.0M | 283.0M | 282.0M | 280.0M | 277.0M | 229.0M |
| Surplus Reserve | 15.6M | 15.6M | 15.6M | 12.0M | 3.5M | 709,800 |
| Retained Earnings | 387.0M | 295.0M | 215.0M | 117.0M | 34.4M | 7.6M |
| Minority Equity | -2.4M | -2.6M | -2.8M | -1.6M | -430,500 | -- |
| Equity Attributable | 717.0M | 625.0M | 544.0M | 440.0M | 347.0M | 267.0M |
| Total Equity | 715.0M | 622.0M | 542.0M | 438.0M | 346.0M | 267.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 296.0M | 226.0M | 515.0M | 331.0M | 116.0M | 168.0M |
| Tax Refunds Received | 12.2M | 10.4M | 10.4M | 20.6M | 4.5M | 7.9M |
| Total Operating Cash Inflow | 339.0M | 291.0M | 634.0M | 397.0M | 125.0M | 188.0M |
| Cash Paid For Goods | 155.0M | 184.0M | 203.0M | 191.0M | 73.8M | 53.2M |
| Cash Paid To Employees | 105.0M | 93.8M | 88.3M | 73.3M | 39.9M | 31.0M |
| Taxes Paid | 22.8M | 35.6M | 28.3M | 52.4M | 11.7M | 33.3M |
| Total Operating Cash Outflow | 324.0M | 370.0M | 409.0M | 402.0M | 148.0M | 137.0M |
| Operating Cash Flow | 15.2M | -78.9M | 225.0M | -4.9M | -23.2M | 51.1M |
| Total Investing Cash Inflow | 363.0M | 275.0M | 20.1M | 176.0M | 496.0M | 164.0M |
| Total Investing Cash Outflow | 313.0M | 304.0M | 76.8M | 66.1M | 533.0M | 242.0M |
| Investing Cash Flow | 50.2M | -28.3M | -56.7M | 110.0M | -36.7M | -77.9M |
| Cash From Borrowings | -- | -- | -- | -- | -- | 10.0M |
| Dividends And Interest Paid | -- | 9.5M | 13.5M | 6.5M | 4.0M | 10.8M |
| Debt Repayments | -- | -- | -- | -- | -- | 42.6M |
| Total Financing Cash Inflow | -- | -- | 900,000 | -- | 47.9M | 152.0M |
| Total Financing Cash Outflow | 9.2M | 23.3M | 23.8M | 11.1M | 4.0M | 53.4M |
| Financing Cash Flow | -9.2M | -23.3M | -22.9M | -11.1M | 43.9M | 98.6M |
| Net Change In Cash | 56.3M | -130.0M | 146.0M | 94.2M | -16.0M | 71.8M |
| Ending Cash Balance | 264.0M | 208.0M | 338.0M | 192.0M | 98.3M | 114.0M |
| Capex | 3.1M | 3.6M | 4.1M | 1.1M | 7.8M | 2.4M |