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 | 396.0M | 195.0M | 213.0M | 221.0M | 197.0M |
| Revenue Growth % | 103.1% | -8.5% | -3.6% | 12.2% | -- |
| Total Revenue | 396.0M | 195.0M | 213.0M | 221.0M | 197.0M |
| Cost Of Revenue | 239.0M | 180.0M | 195.0M | 177.0M | 126.0M |
| Gross Profit | 157.0M | 15.0M | 18.0M | 44.0M | 71.0M |
| Gross Margin % | 39.6% | 7.7% | 8.5% | 19.9% | 36.0% |
| Total Operating Cost | 286.0M | 218.0M | 232.0M | 208.0M | 160.0M |
| Selling Expenses | 1.1M | 1.2M | 1.3M | 1.3M | 1.4M |
| Admin Expenses | 22.9M | 24.0M | 22.9M | 25.1M | 28.7M |
| Rd Expenses | 1.4M | 2.1M | 818,200 | 914,900 | -- |
| Finance Expenses | 3.1M | 4.8M | 4.0M | 1.2M | 67,700 |
| Operating Income | 117.0M | -25.1M | -14.0M | 16.4M | 39.0M |
| Operating Margin % | 29.5% | -12.9% | -6.6% | 7.4% | 19.8% |
| Non Operating Income | 537,100 | 3,700 | 291,800 | 2,000 | 12.2M |
| Non Operating Expenses | 608,800 | 14,900 | 1.1M | 213,200 | 77,700 |
| Investment Income | 6.2M | -3.1M | 1.3M | 981,000 | 260,400 |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -- | -- | 11,100 | -71,100 | -- |
| Asset Impairment Loss | -- | -- | 2.6M | -- | -- |
| Other Income | 157,000 | 1.1M | 3.3M | 3.1M | 2.1M |
| Income Before Tax | 117.0M | -25.1M | -14.8M | 16.2M | 51.1M |
| Income Tax | 10.8M | -3.5M | -2.0M | 5.4M | 13.8M |
| Net Income | 106.0M | -21.6M | -12.8M | 10.8M | 37.4M |
| Net Margin % | 26.8% | -11.1% | -6.0% | 4.9% | 19.0% |
| Net Income Attributable | 84.9M | -14.9M | -8.4M | 2.0M | 10.8M |
| Minority Interest | 20.9M | -6.7M | -4.4M | 8.8M | 26.5M |
| Eps Basic | 0.22 | -0.04 | -0.02 | 0.01 | 0.03 |
| Eps Diluted | 0.22 | -0.04 | -0.02 | 0.01 | 0.03 |
| 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 | 263.0M | 127.0M | 137.0M | 132.0M | 108.0M |
| Trading Financial Assets | -- | -- | 16.8M | 7.0M | -- |
| Accounts Receivable | 13.4M | 13.2M | 23.8M | 20.6M | 16.7M |
| Notes Receivable | -- | -- | -- | -- | 34.8M |
| Notes And Accounts Receivable | 13.4M | 13.2M | 23.8M | 20.6M | 51.5M |
| Prepayments | 1.7M | 954,700 | 1.3M | 76,800 | 114,900 |
| Inventory | 30.7M | 15.0M | 14.6M | 14.1M | 10.7M |
| Total Current Assets | 310.0M | 157.0M | 194.0M | 180.0M | 177.0M |
| Long Term Equity Investment | 15.4M | 12.4M | 16.7M | 16.9M | 16.3M |
| Fixed Assets | -- | 220.0M | 232.0M | 249.0M | 272.0M |
| Fixed Assets Total | 198.0M | 220.0M | 232.0M | 249.0M | 272.0M |
| Construction In Progress | -- | 9.7M | 7.0M | 792,300 | 1.9M |
| Construction In Progress Total | 9.0M | 9.7M | 7.0M | 792,300 | 1.9M |
| Intangible Assets | 25.2M | 25.8M | 26.5M | 14.4M | 14.8M |
| Long Term Deferred Expenses | 4.8M | 7.4M | 11.7M | 15.9M | 20.0M |
| Total Non Current Assets | 320.0M | 442.0M | 464.0M | 471.0M | 496.0M |
| Total Assets | 629.0M | 599.0M | 658.0M | 650.0M | 673.0M |
| Short Term Borrowings | 48.0M | 48.1M | 48.1M | 30.0M | 35.0M |
| Accounts Payable | 91.3M | 81.3M | 55.0M | 17.8M | 15.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 83.6M | 92.6M | 77.6M | 61.1M | 83.8M |
| Total Current Liabilities | 244.0M | 259.0M | 237.0M | 165.0M | 193.0M |
| Long Term Borrowings | -- | 21.0M | 32.5M | 37.0M | -- |
| Total Non Current Liabilities | 62.8M | 118.0M | 173.0M | 221.0M | 223.0M |
| Total Liabilities | 307.0M | 377.0M | 410.0M | 387.0M | 417.0M |
| Paid In Capital | 380.0M | 380.0M | 380.0M | 380.0M | 380.0M |
| Capital Reserve | 59.6M | 59.6M | 59.6M | 59.6M | 59.6M |
| Surplus Reserve | 41.7M | 41.7M | 41.7M | 41.7M | 41.7M |
| Retained Earnings | -249.0M | -334.0M | -319.0M | -311.0M | -313.0M |
| Minority Equity | 90.0M | 74.8M | 85.3M | 93.2M | 87.7M |
| Equity Attributable | 232.0M | 147.0M | 162.0M | 170.0M | 168.0M |
| Total Equity | 322.0M | 222.0M | 247.0M | 264.0M | 256.0M |
| 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 | 160.0M | 176.0M | 187.0M | 191.0M | 149.0M |
| Tax Refunds Received | 1.5M | 1.7M | 6.7M | -- | 220,300 |
| Total Operating Cash Inflow | 167.0M | 186.0M | 207.0M | 204.0M | 174.0M |
| Cash Paid For Goods | 109.0M | 132.0M | 138.0M | 119.0M | 90.8M |
| Cash Paid To Employees | 25.9M | 25.0M | 25.2M | 29.3M | 28.6M |
| Taxes Paid | 6.8M | 10.4M | 11.3M | 11.7M | 15.3M |
| Total Operating Cash Outflow | 152.0M | 178.0M | 189.0M | 172.0M | 149.0M |
| Operating Cash Flow | 14.8M | 7.5M | 17.8M | 31.9M | 24.5M |
| Total Investing Cash Inflow | 295.0M | 91.2M | 138.0M | 496,800 | 10,000 |
| Total Investing Cash Outflow | 139.0M | 87.8M | 173.0M | 17.4M | 22.2M |
| Investing Cash Flow | 157.0M | 3.4M | -34.3M | -16.9M | -22.2M |
| Cash From Borrowings | 49.9M | 48.0M | 59.4M | 68.0M | 65.0M |
| Dividends And Interest Paid | 9.8M | 9.0M | 8.4M | 5.0M | 2.3M |
| Debt Repayments | 83.9M | 50.0M | 42.4M | 36.0M | 50.0M |
| Total Financing Cash Inflow | 55.6M | 48.0M | 59.7M | 68.0M | 65.0M |
| Total Financing Cash Outflow | 94.0M | 59.3M | 51.0M | 67.0M | 90.9M |
| Financing Cash Flow | -38.5M | -11.3M | 8.6M | 1.0M | -25.9M |
| Net Change In Cash | 133.0M | -398,700 | -7.9M | 16.1M | -23.5M |
| Ending Cash Balance | 249.0M | 116.0M | 116.0M | 124.0M | 108.0M |
| Capex | 7.9M | 14.6M | 26.0M | 10.4M | 22.2M |