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 | 1.0B | 762.0M | 303.0M | 417.0M | 495.0M |
| Revenue Growth % | 37.0% | 151.5% | -27.3% | -15.8% | -- |
| Total Revenue | 1.0B | 762.0M | 303.0M | 417.0M | 495.0M |
| Cost Of Revenue | 956.0M | 705.0M | 297.0M | 388.0M | 458.0M |
| Gross Profit | 88.0M | 57.0M | 6.0M | 29.0M | 37.0M |
| Gross Margin % | 8.4% | 7.5% | 2.0% | 7.0% | 7.5% |
| Total Operating Cost | 1.0B | 756.0M | 309.0M | 402.0M | 491.0M |
| Selling Expenses | 3.3M | 3.2M | 620,800 | 689,000 | 1.2M |
| Admin Expenses | 28.3M | 22.6M | 10.8M | 13.9M | 20.2M |
| Rd Expenses | 23.7M | 16.1M | -- | -- | -- |
| Finance Expenses | 5.5M | 3.7M | -1.2M | -328,100 | -200,900 |
| Operating Income | 29.5M | 43.2M | 229.0M | 7.3M | 7.6M |
| Operating Margin % | 2.8% | 5.7% | 75.6% | 1.8% | 1.5% |
| Non Operating Income | 2.7M | 72,100 | 1.1M | 626,700 | 318,000 |
| Non Operating Expenses | 190,800 | 193,800 | 56.00 | 11,800 | 327,000 |
| Investment Income | -121,200 | 4.4M | 3.1M | -10.9M | 3.3M |
| Fair Value Change Income | 3.4M | 26.2M | 231.0M | 2.7M | 12,400 |
| Asset Disposal Income | -102,400 | 249,600 | 139,900 | 49.00 | -76,700 |
| Asset Impairment Loss | 1.6M | 575,700 | -- | -- | 9.4M |
| Other Income | 5.0M | 5.8M | 48,200 | 806,600 | 728,300 |
| Income Before Tax | 32.0M | 43.0M | 230.0M | 7.9M | 7.6M |
| Income Tax | 4.4M | 8.0M | 58.1M | 5.5M | 5.9M |
| Net Income | 27.7M | 35.0M | 172.0M | 2.4M | 1.7M |
| Net Margin % | 2.6% | 4.6% | 56.8% | 0.6% | 0.3% |
| Net Income Attributable | 1.6M | 21.6M | 172.0M | 3.6M | -5.8M |
| Minority Interest | 26.1M | 13.4M | -- | -1.1M | 7.5M |
| Eps Basic | 0.01 | 0.16 | 1.28 | 0.03 | -0.04 |
| Eps Diluted | 0.01 | 0.16 | 1.28 | 0.03 | -0.04 |
| 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 | 224.0M | 213.0M | 145.0M | 75.2M | 105.0M |
| Trading Financial Assets | 3.3M | 3.2M | 77.3M | 153.0M | 44.0M |
| Accounts Receivable | 175.0M | 144.0M | 27.0M | 18.8M | 45.3M |
| Notes Receivable | 84.1M | 28.3M | -- | -- | -- |
| Notes And Accounts Receivable | 259.0M | 173.0M | 27.0M | 18.8M | 45.3M |
| Prepayments | 25.2M | 9.8M | 3.0M | 5.2M | 8.1M |
| Inventory | 155.0M | 123.0M | 11.7M | 9.8M | 8.5M |
| Total Current Assets | 686.0M | 535.0M | 270.0M | 275.0M | 225.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 47.1M | 7.2M | 1.4M | 4.0M |
| Fixed Assets Total | 46.2M | 47.1M | 7.2M | 1.4M | 4.0M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 476,700 | 540,900 | 38,600 | 53,400 | 12.0M |
| Long Term Deferred Expenses | 14.7M | 18.6M | 1.1M | 1.1M | 4.8M |
| Total Non Current Assets | 381.0M | 389.0M | 289.0M | 52.1M | 177.0M |
| Total Assets | 1.1B | 924.0M | 560.0M | 327.0M | 402.0M |
| Short Term Borrowings | 269.0M | 130.0M | -- | -- | 16.3M |
| Accounts Payable | 23.5M | 18.4M | 3.8M | 1.9M | 15.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.5M | 3.4M | 863,300 | 918,000 | 3.4M |
| Total Current Liabilities | 543.0M | 314.0M | 108.0M | 104.0M | 137.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 75.1M | 78.1M | 59.1M | 1.9M | 555,600 |
| Total Liabilities | 618.0M | 393.0M | 167.0M | 106.0M | 137.0M |
| Paid In Capital | 134.0M | 134.0M | 134.0M | 134.0M | 134.0M |
| Capital Reserve | -- | 23.3M | 15.4M | 15.4M | 23.1M |
| Surplus Reserve | 9.1M | 40.4M | 35.2M | 18.1M | 17.8M |
| Retained Earnings | 235.0M | 248.0M | 208.0M | 53.7M | 50.5M |
| Minority Equity | 71.0M | 85.4M | -- | -- | 39.6M |
| Equity Attributable | 378.0M | 446.0M | 393.0M | 221.0M | 225.0M |
| Total Equity | 449.0M | 531.0M | 393.0M | 221.0M | 265.0M |
| 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 | 1.1B | 1.1B | 274.0M | 365.0M | 495.0M |
| Tax Refunds Received | 49,000 | 186,400 | 13,300 | -- | 30,800 |
| Total Operating Cash Inflow | 1.1B | 1.1B | 276.0M | 419.0M | 560.0M |
| Cash Paid For Goods | 1.0B | 1.0B | 264.0M | 324.0M | 410.0M |
| Cash Paid To Employees | 56.6M | 50.4M | 10.5M | 17.3M | 30.4M |
| Taxes Paid | 12.4M | 8.0M | 1.9M | 8.9M | 18.9M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 279.0M | 409.0M | 531.0M |
| Operating Cash Flow | 20.4M | -4.0M | -3.1M | 9.6M | 29.5M |
| Total Investing Cash Inflow | 104.0M | 129.0M | 154.0M | 324.0M | 141.0M |
| Total Investing Cash Outflow | 110.0M | 56.6M | 82.2M | 348.0M | 228.0M |
| Investing Cash Flow | -5.9M | 72.7M | 71.9M | -24.0M | -86.5M |
| Cash From Borrowings | 433.0M | 347.0M | -- | 16.2M | 16.3M |
| Dividends And Interest Paid | 12.3M | 14.8M | -- | 288,900 | 560,000 |
| Debt Repayments | 435.0M | 355.0M | -- | 32.5M | -- |
| Total Financing Cash Inflow | 464.0M | 385.0M | -- | 16.2M | 32.8M |
| Total Financing Cash Outflow | 516.0M | 397.0M | 696,000 | 33.4M | 560,000 |
| Financing Cash Flow | -52.5M | -12.7M | -696,000 | -17.2M | 32.2M |
| Net Change In Cash | -37.9M | 56.2M | 68.1M | -31.6M | -24.8M |
| Ending Cash Balance | 116.0M | 154.0M | 96.3M | 28.2M | 59.8M |
| Capex | 7.6M | 8.7M | 7.2M | 817,000 | 5.2M |