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 | 919.0M | 796.0M | 797.0M | 621.0M | 424.0M |
| Revenue Growth % | 15.5% | -0.1% | 28.3% | 46.5% | -- |
| Total Revenue | 919.0M | 796.0M | 797.0M | 621.0M | 424.0M |
| Cost Of Revenue | 702.0M | 630.0M | 591.0M | 553.0M | 370.0M |
| Gross Profit | 217.0M | 166.0M | 206.0M | 68.0M | 54.0M |
| Gross Margin % | 23.6% | 20.9% | 25.8% | 11.0% | 12.7% |
| Total Operating Cost | 911.0M | 863.0M | 789.0M | 708.0M | 561.0M |
| Selling Expenses | 33.5M | 24.9M | 22.7M | 21.7M | 25.5M |
| Admin Expenses | 63.4M | 93.9M | 91.5M | 64.8M | 85.2M |
| Rd Expenses | 45.8M | 41.9M | 35.0M | 30.9M | 28.5M |
| Finance Expenses | 30.6M | 29.7M | 25.4M | 22.0M | 16.0M |
| Operating Income | 15.5M | -53.8M | 14.0M | -82.6M | -129.0M |
| Operating Margin % | 1.7% | -6.8% | 1.8% | -13.3% | -30.4% |
| Non Operating Income | 7.1M | 165,300 | 1.5M | 316,600 | 168,500 |
| Non Operating Expenses | 922,400 | 705,300 | 11.2M | 195,000 | 224,500 |
| Investment Income | -1.3M | 1.1M | 1.1M | 1.2M | -819,500 |
| Fair Value Change Income | -- | -- | -- | -609,800 | -- |
| Asset Disposal Income | -90,200 | 24,400 | 6,100 | 300,100 | 216,800 |
| Asset Impairment Loss | 18.6M | 14.8M | 4.6M | 7.9M | 8.5M |
| Other Income | 8.9M | 12.3M | 4.3M | 3.7M | 8.6M |
| Income Before Tax | 21.7M | -54.3M | 4.3M | -82.5M | -129.0M |
| Income Tax | 2.4M | 2.8M | -3.5M | -21,000 | -4.2M |
| Net Income | 19.2M | -57.1M | 7.8M | -82.5M | -125.0M |
| Net Margin % | 2.1% | -7.2% | 1.0% | -13.3% | -29.5% |
| Net Income Attributable | 22.9M | -48.4M | 9.3M | -80.8M | -122.0M |
| Minority Interest | -3.6M | -8.7M | -1.5M | -1.6M | -2.5M |
| Eps Basic | 0.11 | -0.24 | 0.05 | -0.40 | -0.61 |
| Eps Diluted | 0.11 | -0.24 | 0.05 | -0.40 | -0.61 |
| 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 | 205.0M | 175.0M | 184.0M | 124.0M | 92.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 421.0M | 431.0M | 420.0M | 351.0M | 335.0M |
| Notes Receivable | 10.8M | 10.9M | 1.5M | 4.4M | 7.6M |
| Notes And Accounts Receivable | 431.0M | 442.0M | 422.0M | 356.0M | 343.0M |
| Prepayments | 28.7M | 26.6M | 21.5M | 32.2M | 25.8M |
| Inventory | 235.0M | 177.0M | 175.0M | 156.0M | 183.0M |
| Total Current Assets | 1.1B | 1.0B | 989.0M | 926.0M | 896.0M |
| Long Term Equity Investment | 21.7M | 22.9M | 21.8M | 22.9M | 23.5M |
| Fixed Assets | -- | 439.0M | 371.0M | 280.0M | 170.0M |
| Fixed Assets Total | 468.0M | 439.0M | 371.0M | 280.0M | 170.0M |
| Construction In Progress | -- | 66.6M | 2.1M | 44.4M | 74.0M |
| Construction In Progress Total | 37.4M | 66.6M | 2.1M | 44.4M | 74.0M |
| Intangible Assets | 119.0M | 122.0M | 84.5M | 85.9M | 87.1M |
| Long Term Deferred Expenses | 1.5M | 706,300 | 106,800 | 358,100 | 1.0M |
| Total Non Current Assets | 778.0M | 798.0M | 505.0M | 453.0M | 372.0M |
| Total Assets | 1.8B | 1.8B | 1.5B | 1.4B | 1.3B |
| Short Term Borrowings | 547.0M | 511.0M | 452.0M | 458.0M | 381.0M |
| Accounts Payable | 378.0M | 329.0M | 309.0M | 318.0M | 334.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 53.3M | 78.2M | 25.7M | 51.4M | 34.4M |
| Total Current Liabilities | 1.1B | 1.1B | 940.0M | 1.0B | 829.0M |
| Long Term Borrowings | 237.0M | 261.0M | 120.0M | -- | -- |
| Total Non Current Liabilities | 303.0M | 329.0M | 178.0M | 44.3M | 26.7M |
| Total Liabilities | 1.4B | 1.4B | 1.1B | 1.0B | 855.0M |
| Paid In Capital | 206.0M | 209.0M | 208.0M | 202.0M | 202.0M |
| Capital Reserve | 192.0M | 228.0M | 195.0M | 117.0M | 116.0M |
| Surplus Reserve | 44.3M | 40.8M | 40.8M | 40.8M | 40.8M |
| Retained Earnings | -47.3M | -66.7M | -18.3M | -27.6M | 53.2M |
| Minority Equity | 26.5M | 31.1M | 2.4M | 945,100 | 935,900 |
| Equity Attributable | 377.0M | 369.0M | 374.0M | 332.0M | 412.0M |
| Total Equity | 403.0M | 400.0M | 376.0M | 333.0M | 413.0M |
| 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 | 1.0B | 865.0M | 788.0M | 667.0M | 377.0M |
| Tax Refunds Received | 1.7M | 8.4M | 17.0M | 13.3M | 529,800 |
| Total Operating Cash Inflow | 1.2B | 1.1B | 953.0M | 778.0M | 483.0M |
| Cash Paid For Goods | 705.0M | 595.0M | 586.0M | 547.0M | 278.0M |
| Cash Paid To Employees | 139.0M | 131.0M | 111.0M | 99.4M | 101.0M |
| Taxes Paid | 24.3M | 9.6M | 10.3M | 7.0M | 16.9M |
| Total Operating Cash Outflow | 1.1B | 1.0B | 949.0M | 806.0M | 548.0M |
| Operating Cash Flow | 105.0M | 73.6M | 3.9M | -27.5M | -65.3M |
| Total Investing Cash Inflow | 2.6M | 1.3M | 43.6M | 864,600 | 11.6M |
| Total Investing Cash Outflow | 32.1M | 241.0M | 119.0M | 99.2M | 122.0M |
| Investing Cash Flow | -29.5M | -240.0M | -75.3M | -98.4M | -111.0M |
| Cash From Borrowings | 614.0M | 657.0M | 713.0M | 582.0M | 400.0M |
| Dividends And Interest Paid | 31.4M | 30.7M | 27.1M | 19.3M | 14.0M |
| Debt Repayments | 616.0M | 507.0M | 598.0M | 505.0M | 292.0M |
| Total Financing Cash Inflow | 819.0M | 873.0M | 793.0M | 736.0M | 401.0M |
| Total Financing Cash Outflow | 862.0M | 724.0M | 711.0M | 613.0M | 306.0M |
| Financing Cash Flow | -43.6M | 149.0M | 81.7M | 124.0M | 95.6M |
| Net Change In Cash | 34.7M | -16.2M | 12.5M | -2.1M | -81.7M |
| Ending Cash Balance | 90.0M | 55.3M | 71.4M | 58.9M | 61.0M |
| Capex | 31.7M | 105.0M | 81.7M | 94.1M | 107.0M |