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 | 781.0M | 757.0M | 900.0M | 739.0M | 528.0M |
| Revenue Growth % | 3.2% | -15.9% | 21.8% | 40.0% | -- |
| Total Revenue | 781.0M | 757.0M | 900.0M | 739.0M | 528.0M |
| Cost Of Revenue | 672.0M | 595.0M | 682.0M | 513.0M | 347.0M |
| Gross Profit | 109.0M | 162.0M | 218.0M | 226.0M | 181.0M |
| Gross Margin % | 14.0% | 21.4% | 24.2% | 30.6% | 34.3% |
| Total Operating Cost | 806.0M | 695.0M | 785.0M | 594.0M | 408.0M |
| Selling Expenses | 21.6M | 13.9M | 17.4M | 13.9M | 11.2M |
| Admin Expenses | 73.2M | 70.1M | 43.8M | 39.7M | 29.2M |
| Rd Expenses | 17.8M | 16.3M | 24.1M | 18.1M | 11.6M |
| Finance Expenses | 4.5M | -3.1M | 3.2M | 7.4M | 4.8M |
| Operating Income | -20.7M | 67.3M | 121.0M | 156.0M | 121.0M |
| Operating Margin % | -2.6% | 8.9% | 13.4% | 21.1% | 22.9% |
| Non Operating Income | 16,800 | -- | 69,000 | 97,900 | 3,700 |
| Non Operating Expenses | 69,000 | 66,400 | 1.4M | 701,100 | 1.5M |
| Investment Income | -1.4M | 1.0M | 814,700 | 1.1M | 885,300 |
| Asset Disposal Income | 398,200 | 125,900 | 18,700 | 298,700 | -- |
| Asset Impairment Loss | 4.1M | -3.0M | 2.4M | 1.8M | 2.5M |
| Other Income | 5.6M | 4.8M | 5.4M | 9.8M | 280,000 |
| Income Before Tax | -20.7M | 67.2M | 120.0M | 156.0M | 120.0M |
| Income Tax | -3.9M | 5.9M | 9.9M | 21.0M | 16.6M |
| Net Income | -16.8M | 61.4M | 110.0M | 135.0M | 103.0M |
| Net Margin % | -2.2% | 8.1% | 12.2% | 18.3% | 19.5% |
| Net Income Attributable | -12.1M | 61.4M | 110.0M | 135.0M | 103.0M |
| Minority Interest | -4.7M | -- | -- | -- | -- |
| Eps Basic | -0.09 | 0.46 | 0.99 | 1.35 | 1.03 |
| Eps Diluted | -0.09 | 0.46 | 0.99 | 1.35 | 1.03 |
| 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 | 245.0M | 539.0M | 424.0M | 50.7M | 27.9M |
| Accounts Receivable | 295.0M | 261.0M | 317.0M | 207.0M | 254.0M |
| Notes Receivable | 11.6M | 35.0M | 49.1M | 35.7M | 19.7M |
| Notes And Accounts Receivable | 307.0M | 296.0M | 366.0M | 243.0M | 273.0M |
| Prepayments | 23.0M | 16.9M | 22.2M | 17.1M | 11.5M |
| Inventory | 214.0M | 217.0M | 213.0M | 156.0M | 108.0M |
| Total Current Assets | 1.1B | 1.1B | 1.0B | 549.0M | 447.0M |
| Long Term Equity Investment | 30.2M | 22.0M | 20.5M | 19.7M | 29.5M |
| Fixed Assets | -- | 413.0M | 404.0M | 374.0M | 247.0M |
| Fixed Assets Total | 487.0M | 413.0M | 404.0M | 374.0M | 247.0M |
| Construction In Progress | -- | 220.0M | 154.0M | 142.0M | 163.0M |
| Construction In Progress Total | 1.5B | 240.0M | 179.0M | 159.0M | 178.0M |
| Intangible Assets | 298.0M | 58.5M | 60.0M | 40.7M | 41.8M |
| Long Term Deferred Expenses | 37.3M | 28.0M | 24.4M | 13.5M | 6.2M |
| Total Non Current Assets | 2.9B | 918.0M | 718.0M | 623.0M | 533.0M |
| Total Assets | 4.1B | 2.0B | 1.8B | 1.2B | 980.0M |
| Short Term Borrowings | 1.0B | 288.0M | 74.6M | 154.0M | 95.2M |
| Accounts Payable | 692.0M | 113.0M | 128.0M | 103.0M | 87.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 7.2M | 132,000 | 3.5M | 3.0M | 76,500 |
| Total Current Liabilities | 1.9B | 416.0M | 222.0M | 338.0M | 247.0M |
| Long Term Borrowings | -- | -- | -- | 68.2M | 116.0M |
| Total Non Current Liabilities | 156.0M | 31.6M | 33.1M | 96.7M | 135.0M |
| Total Liabilities | 2.0B | 448.0M | 255.0M | 435.0M | 383.0M |
| Paid In Capital | 135.0M | 134.0M | 133.0M | 100.0M | 100.0M |
| Capital Reserve | 914.0M | 904.0M | 869.0M | 245.0M | 241.0M |
| Surplus Reserve | 56.7M | 56.7M | 49.3M | 38.3M | 24.9M |
| Retained Earnings | 475.0M | 493.0M | 449.0M | 350.0M | 229.0M |
| Minority Equity | 458.0M | -- | -- | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 1.5B | 737.0M | 597.0M |
| Total Equity | 2.0B | 1.6B | 1.5B | 737.0M | 597.0M |
| 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 | 756.0M | 632.0M | 569.0M | 507.0M | 400.0M |
| Tax Refunds Received | 1.5M | 7.1M | 236,400 | -- | 487,000 |
| Total Operating Cash Inflow | 853.0M | 655.0M | 582.0M | 524.0M | 406.0M |
| Cash Paid For Goods | 561.0M | 366.0M | 401.0M | 288.0M | 232.0M |
| Cash Paid To Employees | 83.2M | 103.0M | 81.3M | 64.5M | 43.9M |
| Taxes Paid | 18.7M | 30.2M | 33.4M | 26.4M | 32.3M |
| Total Operating Cash Outflow | 719.0M | 542.0M | 544.0M | 419.0M | 346.0M |
| Operating Cash Flow | 134.0M | 113.0M | 38.0M | 106.0M | 60.2M |
| Total Investing Cash Inflow | 24,200 | 266,600 | 18,700 | 11.4M | -- |
| Total Investing Cash Outflow | 1.7B | 246.0M | 99.4M | 84.1M | 83.6M |
| Investing Cash Flow | -1.7B | -245.0M | -99.4M | -72.7M | -83.6M |
| Cash From Borrowings | 1.2B | 294.0M | 126.0M | 209.0M | 98.4M |
| Dividends And Interest Paid | 14.4M | 16.4M | 13.2M | 23.0M | 24.9M |
| Debt Repayments | 474.0M | 63.9M | 328.0M | 182.0M | 93.5M |
| Total Financing Cash Inflow | 1.8B | 327.0M | 783.0M | 209.0M | 98.4M |
| Total Financing Cash Outflow | 522.0M | 80.3M | 345.0M | 224.0M | 118.0M |
| Financing Cash Flow | 1.3B | 246.0M | 438.0M | -15.0M | -20.0M |
| Net Change In Cash | -293.0M | 115.0M | 378.0M | 17.7M | -43.3M |
| Ending Cash Balance | 245.0M | 539.0M | 424.0M | 45.6M | 27.9M |
| Capex | 1.5B | 245.0M | 99.4M | 84.1M | 83.6M |