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 | 639.0M | 586.0M | 586.0M | 463.0M | 342.0M |
| Revenue Growth % | 9.0% | 0.0% | 26.6% | 35.4% | -- |
| Total Revenue | 639.0M | 586.0M | 586.0M | 463.0M | 342.0M |
| Cost Of Revenue | 534.0M | 469.0M | 517.0M | 386.0M | 273.0M |
| Gross Profit | 105.0M | 117.0M | 69.0M | 77.0M | 69.0M |
| Gross Margin % | 16.4% | 20.0% | 11.8% | 16.6% | 20.2% |
| Total Operating Cost | 644.0M | 585.0M | 627.0M | 463.0M | 345.0M |
| Selling Expenses | 32.7M | 33.5M | 25.2M | 23.9M | 22.0M |
| Admin Expenses | 42.7M | 36.8M | 37.6M | 34.7M | 26.9M |
| Rd Expenses | 8.3M | 10.5M | 31.3M | 8.1M | 10.8M |
| Finance Expenses | 10.4M | 13.1M | 11.0M | 7.5M | 6.8M |
| Operating Income | 9.5M | 2.9M | -42.4M | 2.4M | 6.0M |
| Operating Margin % | 1.5% | 0.5% | -7.2% | 0.5% | 1.7% |
| Non Operating Income | 3,400 | 2,000 | 1.00 | 52,700 | 27,900 |
| Non Operating Expenses | 686,600 | 2,400 | 13,400 | 215,300 | 37,200 |
| Investment Income | 5.4M | 1.8M | 1.8M | 1.6M | 1.6M |
| Fair Value Change Income | 7.5M | 291,000 | -5.1M | -8.3M | 2.2M |
| Asset Disposal Income | 823,600 | 61,000 | -- | -- | -- |
| Asset Impairment Loss | 12.3M | 4.5M | 2.8M | -- | -- |
| Other Income | 744,400 | 597,400 | 1.9M | 8.8M | 5.5M |
| Income Before Tax | 8.8M | 2.9M | -42.4M | 2.3M | 5.9M |
| Income Tax | -4.4M | -2.3M | -3.1M | -1.7M | 1.5M |
| Net Income | 13.2M | 5.3M | -39.3M | 4.0M | 4.4M |
| Net Margin % | 2.1% | 0.9% | -6.7% | 0.9% | 1.3% |
| Net Income Attributable | 13.2M | 5.3M | -39.3M | 4.0M | 4.4M |
| Minority Interest | -- | -- | -- | -- | 500.00 |
| Eps Basic | 0.08 | 0.03 | -0.25 | 0.03 | 0.03 |
| Eps Diluted | 0.08 | 0.03 | -0.25 | 0.03 | 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 | 129.0M | 136.0M | 163.0M | 131.0M | 111.0M |
| Trading Financial Assets | -- | 33.1M | 32.8M | 37.9M | 46.2M |
| Accounts Receivable | 378.0M | 290.0M | 177.0M | 193.0M | 92.7M |
| Notes Receivable | 864,200 | 2.4M | 30,000 | 72,600 | 1.1M |
| Notes And Accounts Receivable | 378.0M | 292.0M | 177.0M | 193.0M | 93.8M |
| Prepayments | 14.7M | 5.3M | 11.6M | 9.0M | 3.0M |
| Inventory | 68.0M | 78.4M | 102.0M | 62.0M | 47.1M |
| Total Current Assets | 623.0M | 564.0M | 509.0M | 473.0M | 335.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 67.9M | 80.5M | 78.6M | 33.6M |
| Fixed Assets Total | 53.1M | 67.9M | 80.5M | 78.6M | 33.6M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 22.5M | 17.3M | 10.1M | 3.0M | 2.2M |
| Long Term Deferred Expenses | 16.8M | 4.7M | 7.9M | 10.8M | -- |
| Total Non Current Assets | 652.0M | 488.0M | 174.0M | 152.0M | 76.0M |
| Total Assets | 1.3B | 1.1B | 683.0M | 625.0M | 411.0M |
| Short Term Borrowings | 261.0M | 374.0M | 325.0M | 208.0M | 150.0M |
| Accounts Payable | 251.0M | 309.0M | 113.0M | 105.0M | 39.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 37.5M | 18.2M | 10.1M | 4.7M | 547,100 |
| Total Current Liabilities | 998.0M | 836.0M | 530.0M | 427.0M | 229.0M |
| Long Term Borrowings | 53.5M | 65.0M | -- | -- | -- |
| Total Non Current Liabilities | 136.0M | 84.9M | 26.9M | 34.0M | 22.7M |
| Total Liabilities | 1.1B | 921.0M | 556.0M | 461.0M | 252.0M |
| Paid In Capital | 161.0M | 161.0M | 161.0M | 161.0M | 161.0M |
| Capital Reserve | 131.0M | 136.0M | 136.0M | 136.0M | 136.0M |
| Surplus Reserve | 13.4M | 13.4M | 13.4M | 13.4M | 13.4M |
| Retained Earnings | -168.0M | -182.0M | -187.0M | -148.0M | -152.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 141.0M | 131.0M | 126.0M | 164.0M | 159.0M |
| Total Equity | 141.0M | 131.0M | 126.0M | 164.0M | 159.0M |
| 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 | 774.0M | 674.0M | 671.0M | 409.0M | 374.0M |
| Tax Refunds Received | 2.7M | 7.4M | -- | -- | -- |
| Total Operating Cash Inflow | 782.0M | 692.0M | 680.0M | 415.0M | 383.0M |
| Cash Paid For Goods | 627.0M | 584.0M | 547.0M | 248.0M | 206.0M |
| Cash Paid To Employees | 142.0M | 140.0M | 126.0M | 93.9M | 65.9M |
| Taxes Paid | 17.6M | 23.4M | 21.0M | 7.0M | 12.0M |
| Total Operating Cash Outflow | 845.0M | 771.0M | 717.0M | 398.0M | 311.0M |
| Operating Cash Flow | -63.2M | -79.9M | -36.8M | 17.0M | 72.3M |
| Total Investing Cash Inflow | 42.2M | 1.8M | 1.8M | 1.6M | 1.6M |
| Total Investing Cash Outflow | 19.8M | 9.9M | 30.8M | 67.5M | 8.4M |
| Investing Cash Flow | 22.4M | -8.1M | -29.0M | -66.0M | -6.8M |
| Cash From Borrowings | 585.0M | 699.0M | 249.0M | 130.0M | 70.0M |
| Dividends And Interest Paid | 22.4M | 11.2M | 6.2M | 3.5M | 4.1M |
| Debt Repayments | 607.0M | 613.0M | 174.0M | 50.0M | 150.0M |
| Total Financing Cash Inflow | 645.0M | 699.0M | 444.0M | 274.0M | 167.0M |
| Total Financing Cash Outflow | 637.0M | 633.0M | 346.0M | 228.0M | 204.0M |
| Financing Cash Flow | 7.2M | 66.1M | 98.2M | 45.7M | -37.0M |
| Net Change In Cash | -33.6M | -21.9M | 32.4M | -3.3M | 28.5M |
| Ending Cash Balance | 69.6M | 103.0M | 125.0M | 92.7M | 96.0M |
| Capex | 19.8M | 9.9M | 30.8M | 67.5M | 852,200 |