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 | 2.5B | 1.6B | 1.7B | 2.0B | 1.7B |
| Revenue Growth % | 54.3% | -0.7% | -18.5% | 18.0% | -- |
| Total Revenue | 2.5B | 1.6B | 1.7B | 2.0B | 1.7B |
| Cost Of Revenue | 2.3B | 1.4B | 1.4B | 1.8B | 1.5B |
| Gross Profit | 235.0M | 215.0M | 227.0M | 256.0M | 240.0M |
| Gross Margin % | 9.2% | 13.1% | 13.7% | 12.6% | 13.9% |
| Total Operating Cost | 2.5B | 1.5B | 1.5B | 1.9B | 1.6B |
| Selling Expenses | 31.4M | 34.9M | 27.7M | 29.4M | 37.8M |
| Admin Expenses | 64.9M | 44.7M | 38.1M | 31.5M | 31.1M |
| Rd Expenses | 41.6M | 31.8M | 33.7M | 39.8M | 44.8M |
| Finance Expenses | 6.1M | -7.2M | -1.0M | 725,900 | -24,600 |
| Operating Income | 66.2M | 99.3M | 126.0M | 156.0M | 128.0M |
| Operating Margin % | 2.6% | 6.0% | 7.6% | 7.7% | 7.4% |
| Non Operating Income | 1.1M | 1.1M | 11.9M | 15.1M | 259,600 |
| Non Operating Expenses | 4.0M | 641,500 | 126,500 | 46,400 | 459,800 |
| Investment Income | -1.0M | 1.1M | 540,000 | 1.7M | 1.1M |
| Asset Disposal Income | -- | -543,900 | 40,400 | 735,900 | -- |
| Asset Impairment Loss | 350,700 | 634,700 | 128,400 | 53,600 | 65,800 |
| Other Income | 3.6M | 565,800 | 1.5M | 1.4M | 1.8M |
| Income Before Tax | 63.3M | 99.8M | 138.0M | 171.0M | 128.0M |
| Income Tax | 11.7M | 16.1M | 17.9M | 25.1M | 14.7M |
| Net Income | 51.5M | 83.7M | 120.0M | 146.0M | 113.0M |
| Net Margin % | 2.0% | 5.1% | 7.2% | 7.2% | 6.6% |
| Net Income Attributable | 50.1M | 83.9M | 120.0M | 146.0M | 112.0M |
| Minority Interest | 1.4M | -180,400 | -607,700 | 243,900 | 983,500 |
| Eps Basic | 0.30 | 0.50 | 0.91 | 1.16 | 0.94 |
| Eps Diluted | 0.30 | 0.50 | 0.91 | 1.16 | 0.94 |
| 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 | 168.0M | 391.0M | 747.0M | 188.0M | 195.0M |
| Accounts Receivable | 456.0M | 191.0M | 48.7M | 29.4M | 30.1M |
| Notes Receivable | -- | -- | 911,400 | 4.7M | 6.1M |
| Notes And Accounts Receivable | 456.0M | 191.0M | 49.6M | 34.1M | 36.2M |
| Prepayments | 60.4M | 34.7M | 23.2M | 13.9M | 6.3M |
| Inventory | 275.0M | 182.0M | 185.0M | 101.0M | 109.0M |
| Total Current Assets | 967.0M | 804.0M | 1.0B | 342.0M | 357.0M |
| Long Term Equity Investment | 5.4M | 5.4M | 5.4M | 5.4M | -- |
| Fixed Assets | -- | 534.0M | 258.0M | 90.1M | 77.8M |
| Fixed Assets Total | 598.0M | 534.0M | 258.0M | 90.1M | 77.8M |
| Construction In Progress | -- | 4.2M | 42.1M | 49.1M | -- |
| Construction In Progress Total | 106.0M | 4.2M | 42.1M | 49.1M | -- |
| Intangible Assets | 85.4M | 66.7M | 53.9M | 48.3M | 30.9M |
| Long Term Deferred Expenses | 1.2M | 23,800 | 99,200 | 337,000 | 1.4M |
| Total Non Current Assets | 832.0M | 667.0M | 386.0M | 207.0M | 117.0M |
| Total Assets | 1.8B | 1.5B | 1.4B | 549.0M | 474.0M |
| Short Term Borrowings | 208.0M | 89.6M | 20.0M | 20.0M | 20.0M |
| Accounts Payable | 178.0M | 76.7M | 86.8M | 46.4M | 75.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 24.6M | 10.4M | 9.9M | 10.8M | 19.0M |
| Total Current Liabilities | 484.0M | 216.0M | 157.0M | 117.0M | 153.0M |
| Total Non Current Liabilities | 34.4M | 17.6M | 6.4M | 5.2M | 2.8M |
| Total Liabilities | 519.0M | 234.0M | 163.0M | 122.0M | 156.0M |
| Paid In Capital | 168.0M | 168.0M | 168.0M | 126.0M | 126.0M |
| Capital Reserve | 717.0M | 715.0M | 715.0M | 74.1M | 74.1M |
| Surplus Reserve | 21.3M | 21.3M | 19.1M | 10.3M | 8.5M |
| Retained Earnings | 340.0M | 324.0M | 326.0M | 214.0M | 108.0M |
| Minority Equity | 34.5M | 9.1M | 1.7M | 2.3M | 2.0M |
| Equity Attributable | 1.2B | 1.2B | 1.2B | 425.0M | 317.0M |
| Total Equity | 1.3B | 1.2B | 1.2B | 427.0M | 319.0M |
| 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 | 2.3B | 1.5B | 1.6B | 2.0B | 1.8B |
| Tax Refunds Received | -- | -- | 184,000 | -- | -- |
| Total Operating Cash Inflow | 2.3B | 1.5B | 1.7B | 2.1B | 1.8B |
| Cash Paid For Goods | 2.2B | 1.4B | 1.5B | 1.8B | 1.5B |
| Cash Paid To Employees | 89.7M | 68.8M | 64.1M | 67.8M | 54.1M |
| Taxes Paid | 19.6M | 24.8M | 20.0M | 23.1M | 16.1M |
| Total Operating Cash Outflow | 2.4B | 1.6B | 1.6B | 1.9B | 1.6B |
| Operating Cash Flow | -110.0M | -54.2M | 59.1M | 132.0M | 169.0M |
| Total Investing Cash Inflow | 37.5M | 395.0M | 298.0M | 620.0M | 500.0M |
| Total Investing Cash Outflow | 220.0M | 658.0M | 479.0M | 719.0M | 520.0M |
| Investing Cash Flow | -182.0M | -263.0M | -182.0M | -98.9M | -19.3M |
| Cash From Borrowings | 157.0M | 94.5M | 30.0M | 30.0M | 20.0M |
| Dividends And Interest Paid | 40.1M | 84.5M | 1.3M | 38.5M | 47.5M |
| Debt Repayments | 89.5M | 50.0M | 30.0M | 30.0M | 10.0M |
| Total Financing Cash Inflow | 216.0M | 100.0M | 728.0M | 34.5M | 84.8M |
| Total Financing Cash Outflow | 150.0M | 139.0M | 45.6M | 73.7M | 126.0M |
| Financing Cash Flow | 66.2M | -38.7M | 682.0M | -39.2M | -41.0M |
| Net Change In Cash | -226.0M | -356.0M | 560.0M | -6.6M | 109.0M |
| Ending Cash Balance | 165.0M | 391.0M | 747.0M | 188.0M | 194.0M |
| Capex | 114.0M | 260.0M | 172.0M | 97.3M | 23.0M |