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 | 1.2B | 1.3B | 905.0M | 921.0M | 638.0M |
| Revenue Growth % | -1.7% | 39.3% | -1.7% | 44.4% | -- |
| Total Revenue | 1.2B | 1.3B | 905.0M | 921.0M | 638.0M |
| Cost Of Revenue | 915.0M | 947.0M | 711.0M | 678.0M | 452.0M |
| Gross Profit | 325.0M | 314.0M | 194.0M | 243.0M | 186.0M |
| Gross Margin % | 26.2% | 24.9% | 21.4% | 26.4% | 29.2% |
| Total Operating Cost | 1.2B | 1.2B | 899.0M | 851.0M | 582.0M |
| Selling Expenses | 24.6M | 21.1M | 14.7M | 19.9M | 11.9M |
| Admin Expenses | 117.0M | 107.0M | 86.5M | 86.9M | 68.7M |
| Rd Expenses | 74.9M | 71.3M | 50.1M | 50.5M | 30.1M |
| Finance Expenses | 11.9M | 6.9M | 6.1M | 1.1M | 3.9M |
| Operating Income | 65.3M | 113.0M | 17.3M | 88.3M | 73.9M |
| Operating Margin % | 5.3% | 9.0% | 1.9% | 9.6% | 11.6% |
| Non Operating Income | 1.2M | 2.1M | 260,500 | 10.1M | 2.8M |
| Non Operating Expenses | 613,600 | 2.8M | 20.6M | 14.2M | 5.1M |
| Investment Income | 756,100 | 62.4M | -3.4M | 6.3M | 11.0M |
| Fair Value Change Income | 4.0M | -- | 4.5M | 585,800 | -- |
| Asset Disposal Income | 55,700 | -46,900 | -36,800 | -175,100 | -26,600 |
| Asset Impairment Loss | 46.1M | 60.0M | 19.9M | 6.8M | 6.8M |
| Other Income | 15.9M | 14.7M | 10.6M | 11.4M | 6.5M |
| Income Before Tax | 65.9M | 112.0M | -3.0M | 84.1M | 71.6M |
| Income Tax | 14.2M | 20.5M | 5.3M | 16.1M | 12.6M |
| Net Income | 51.7M | 91.7M | -8.4M | 68.0M | 58.9M |
| Net Margin % | 4.2% | 7.3% | -0.9% | 7.4% | 9.2% |
| Net Income Attributable | 65.6M | 116.0M | -8.3M | 68.2M | 58.9M |
| Minority Interest | -13.9M | -24.1M | -11,500 | -141,000 | 21,000 |
| Eps Basic | 0.19 | 0.35 | -0.02 | 0.20 | 0.23 |
| Eps Diluted | 0.19 | 0.35 | -0.02 | 0.20 | 0.23 |
| 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 | 285.0M | 166.0M | 167.0M | 103.0M | 246.0M |
| Trading Financial Assets | 10.0M | -- | 101.0M | 243.0M | 190.0M |
| Accounts Receivable | 363.0M | 423.0M | 340.0M | 220.0M | 212.0M |
| Notes Receivable | 23.2M | 26.6M | 13.7M | 24.7M | 24.7M |
| Notes And Accounts Receivable | 386.0M | 450.0M | 353.0M | 244.0M | 237.0M |
| Prepayments | 6.7M | 6.1M | 4.3M | 2.3M | 4.3M |
| Inventory | 265.0M | 270.0M | 277.0M | 206.0M | 149.0M |
| Total Current Assets | 1.0B | 943.0M | 957.0M | 868.0M | 992.0M |
| Long Term Equity Investment | 105.0M | 94.3M | 84.2M | 1.4M | 81,500 |
| Fixed Assets | -- | 572.0M | 556.0M | 479.0M | 425.0M |
| Fixed Assets Total | 577.0M | 572.0M | 556.0M | 479.0M | 425.0M |
| Construction In Progress | -- | 31.5M | 108.0M | 39.3M | 17.5M |
| Construction In Progress Total | 13.4M | 31.5M | 108.0M | 39.3M | 17.5M |
| Intangible Assets | 109.0M | 119.0M | 132.0M | 77.3M | 84.5M |
| Long Term Deferred Expenses | 20.3M | 23.5M | 17.1M | 13.5M | 11.4M |
| Total Non Current Assets | 1.1B | 1.2B | 1.2B | 711.0M | 614.0M |
| Total Assets | 2.1B | 2.1B | 2.2B | 1.6B | 1.6B |
| Short Term Borrowings | 126.0M | 271.0M | 460.0M | 75.2M | 163.0M |
| Accounts Payable | 215.0M | 239.0M | 296.0M | 152.0M | 150.0M |
| Advance Receipts | -- | 6.8M | 9.1M | 5.1M | 4.4M |
| Contract Liabilities | 12.9M | 3.9M | 3.9M | 7.1M | 2.2M |
| Total Current Liabilities | 484.0M | 605.0M | 926.0M | 354.0M | 406.0M |
| Long Term Borrowings | 332.0M | 185.0M | 25.0M | -- | -- |
| Total Non Current Liabilities | 381.0M | 225.0M | 90.9M | 69.5M | 81.0M |
| Total Liabilities | 864.0M | 830.0M | 1.0B | 424.0M | 487.0M |
| Paid In Capital | 339.0M | 339.0M | 343.0M | 265.0M | 259.0M |
| Capital Reserve | 528.0M | 530.0M | 546.0M | 613.0M | 581.0M |
| Surplus Reserve | 56.3M | 54.6M | 48.4M | 41.0M | 36.6M |
| Retained Earnings | 309.0M | 306.0M | 196.0M | 264.0M | 242.0M |
| Minority Equity | 21.6M | 35.4M | 59.6M | -69,600 | 71,400 |
| Equity Attributable | 1.2B | 1.2B | 1.1B | 1.2B | 1.1B |
| Total Equity | 1.3B | 1.3B | 1.2B | 1.2B | 1.1B |
| 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 | 1.2B | 1.1B | 861.0M | 904.0M | 619.0M |
| Tax Refunds Received | 50.9M | 54.7M | 49.9M | 45.8M | 44.8M |
| Total Operating Cash Inflow | 1.3B | 1.2B | 923.0M | 995.0M | 693.0M |
| Cash Paid For Goods | 613.0M | 799.0M | 561.0M | 596.0M | 338.0M |
| Cash Paid To Employees | 243.0M | 248.0M | 172.0M | 197.0M | 151.0M |
| Taxes Paid | 88.1M | 99.3M | 51.3M | 49.7M | 48.3M |
| Total Operating Cash Outflow | 1.0B | 1.2B | 821.0M | 900.0M | 582.0M |
| Operating Cash Flow | 257.0M | 8.6M | 102.0M | 94.9M | 111.0M |
| Total Investing Cash Inflow | 41.2M | 163.0M | 773.0M | 657.0M | 1.6B |
| Total Investing Cash Outflow | 131.0M | 107.0M | 1.1B | 794.0M | 1.5B |
| Investing Cash Flow | -89.6M | 56.1M | -336.0M | -138.0M | 27.7M |
| Cash From Borrowings | 427.0M | 438.0M | 573.0M | 194.0M | 207.0M |
| Dividends And Interest Paid | 77.1M | 13.7M | 59.9M | 44.7M | 49.9M |
| Debt Repayments | 396.0M | 463.0M | 236.0M | 272.0M | 169.0M |
| Total Financing Cash Inflow | 427.0M | 465.0M | 575.0M | 225.0M | 212.0M |
| Total Financing Cash Outflow | 481.0M | 528.0M | 301.0M | 320.0M | 220.0M |
| Financing Cash Flow | -54.8M | -62.8M | 274.0M | -95.4M | -7.7M |
| Net Change In Cash | 117.0M | 6.7M | 46.4M | -143.0M | 128.0M |
| Ending Cash Balance | 270.0M | 153.0M | 146.0M | 99.8M | 243.0M |
| Capex | 68.8M | 75.8M | 142.0M | 148.0M | 63.9M |