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 | 217.0M | 122.0M | 109.0M | 147.0M | 207.0M |
| Revenue Growth % | 77.9% | 11.9% | -25.9% | -29.0% | -- |
| Total Revenue | 217.0M | 122.0M | 109.0M | 147.0M | 207.0M |
| Cost Of Revenue | 114.0M | 95.2M | 83.9M | 101.0M | 126.0M |
| Gross Profit | 103.0M | 26.8M | 25.1M | 46.0M | 81.0M |
| Gross Margin % | 47.5% | 21.9% | 23.0% | 31.3% | 39.1% |
| Total Operating Cost | 193.0M | 160.0M | 181.0M | 187.0M | 268.0M |
| Selling Expenses | 8.2M | 2.5M | 6.1M | 26.0M | 51.9M |
| Admin Expenses | 58.0M | 45.2M | 45.7M | 37.3M | 33.8M |
| Rd Expenses | 1.2M | 482,200 | 1.6M | 1.3M | 642,900 |
| Finance Expenses | 5.2M | 7.1M | 7.4M | 7.4M | 7.1M |
| Operating Income | 25.1M | -37.6M | -69.9M | -38.0M | -56.7M |
| Operating Margin % | 11.6% | -30.8% | -64.1% | -25.9% | -27.4% |
| Non Operating Income | 8.8M | 6.6M | 10.4M | 16.3M | 15.0M |
| Non Operating Expenses | 4.8M | 5.4M | 12.9M | 12.0M | 8.9M |
| Investment Income | 28,800 | -525,900 | 964,800 | -- | 71,300 |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 12,700 | 333,500 | -- | 37,600 | 1.7M |
| Asset Impairment Loss | 2.5M | 8.9M | 27.3M | 8.1M | 25.6M |
| Other Income | 600,500 | 740,900 | 897,000 | 1.7M | 3.2M |
| Income Before Tax | 29.1M | -36.3M | -72.4M | -33.7M | -50.6M |
| Income Tax | 7.2M | 3.0M | 757,400 | -953,600 | 935,400 |
| Net Income | 21.9M | -39.3M | -73.1M | -32.8M | -51.5M |
| Net Margin % | 10.1% | -32.2% | -67.1% | -22.3% | -24.9% |
| Net Income Attributable | 15.2M | -38.3M | -67.5M | -29.8M | -40.5M |
| Minority Interest | 6.6M | -1.0M | -5.6M | -3.0M | -11.0M |
| Eps Basic | 0.13 | -0.31 | -0.55 | -0.24 | -0.33 |
| Eps Diluted | 0.13 | -0.31 | -0.55 | -0.24 | -0.33 |
| 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 | 65.7M | 98.0M | 42.4M | 22.3M | 7.6M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 96.6M | 36.7M | 30.8M | 51.4M | 43.9M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 96.6M | 36.7M | 30.8M | 51.4M | 43.9M |
| Prepayments | 2.3M | 1.1M | 1.0M | 3.2M | 3.7M |
| Inventory | 52.3M | 42.9M | 47.6M | 52.4M | 67.5M |
| Total Current Assets | 223.0M | 181.0M | 124.0M | 186.0M | 223.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 140.0M | 154.0M | 185.0M | 139.0M |
| Fixed Assets Total | 167.0M | 140.0M | 154.0M | 185.0M | 139.0M |
| Construction In Progress | -- | 17,400 | 110,000 | 8.6M | 61.5M |
| Construction In Progress Total | 1.3M | 17,400 | 110,000 | 8.6M | 61.5M |
| Intangible Assets | 5.1M | 5.2M | 5.4M | 5.5M | 5.7M |
| Long Term Deferred Expenses | 12.1M | 2.2M | 2.5M | 5.9M | 6.9M |
| Total Non Current Assets | 219.0M | 165.0M | 178.0M | 217.0M | 220.0M |
| Total Assets | 441.0M | 346.0M | 303.0M | 403.0M | 443.0M |
| Short Term Borrowings | 127.0M | 103.0M | 105.0M | 107.0M | 113.0M |
| Accounts Payable | 82.2M | 51.2M | 47.2M | 66.0M | 72.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.5M | 3.4M | 3.6M | 3.0M | 3.5M |
| Total Current Liabilities | 286.0M | 220.0M | 221.0M | 251.0M | 252.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 70.1M | 70.0M | 76.8M | 86.9M | 97.3M |
| Total Liabilities | 356.0M | 290.0M | 298.0M | 338.0M | 349.0M |
| Paid In Capital | 122.0M | 122.0M | 122.0M | 122.0M | 122.0M |
| Capital Reserve | 163.0M | 163.0M | 72.8M | 65.0M | 62.9M |
| Surplus Reserve | 24.2M | 24.2M | 24.2M | 24.2M | 24.2M |
| Retained Earnings | -256.0M | -272.0M | -233.0M | -166.0M | -136.0M |
| Minority Equity | 32.6M | 18.8M | 19.1M | 19.4M | 20.5M |
| Equity Attributable | 52.4M | 37.1M | -14.6M | 45.2M | 72.8M |
| Total Equity | 85.0M | 55.9M | 4.6M | 64.6M | 93.3M |
| 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 | 198.0M | 134.0M | 150.0M | 126.0M | 195.0M |
| Tax Refunds Received | 40,100 | -- | 57,000 | -- | 3.3M |
| Total Operating Cash Inflow | 199.0M | 136.0M | 156.0M | 146.0M | 250.0M |
| Cash Paid For Goods | 144.0M | 85.3M | 109.0M | 72.1M | 118.0M |
| Cash Paid To Employees | 39.4M | 36.9M | 32.4M | 36.1M | 31.0M |
| Taxes Paid | 13.8M | 6.1M | 3.0M | 8.3M | 10.9M |
| Total Operating Cash Outflow | 236.0M | 157.0M | 175.0M | 172.0M | 258.0M |
| Operating Cash Flow | -36.7M | -20.4M | -19.4M | -26.4M | -8.4M |
| Total Investing Cash Inflow | 30.00 | 168,000 | 1,000 | 555,400 | 21.6M |
| Total Investing Cash Outflow | 26.9M | 9.0M | 5.8M | 4.7M | 32.8M |
| Investing Cash Flow | -26.9M | -8.8M | -5.8M | -4.2M | -11.3M |
| Cash From Borrowings | 150.0M | 102.0M | 110.0M | 139.0M | 150.0M |
| Dividends And Interest Paid | 8.6M | 6.7M | 4.8M | 6.7M | 7.0M |
| Debt Repayments | 125.0M | 103.0M | 113.0M | 146.0M | 125.0M |
| Total Financing Cash Inflow | 241.0M | 258.0M | 234.0M | 231.0M | 150.0M |
| Total Financing Cash Outflow | 228.0M | 173.0M | 178.0M | 197.0M | 142.0M |
| Financing Cash Flow | 13.0M | 84.8M | 56.1M | 34.5M | 7.5M |
| Net Change In Cash | -50.5M | 55.6M | 30.9M | 3.9M | -12.1M |
| Ending Cash Balance | 47.5M | 98.0M | 42.4M | 11.5M | 7.6M |
| Capex | 20.6M | 9.0M | 3.5M | 4.7M | 11.8M |