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 | 1.7B | 1.4B | 1.1B | 884.0M | 778.0M |
| Revenue Growth % | 22.5% | 19.8% | 28.3% | 13.6% | -- |
| Total Revenue | 1.7B | 1.4B | 1.1B | 884.0M | 778.0M |
| Cost Of Revenue | 1.4B | 1.2B | 992.0M | 784.0M | 683.0M |
| Gross Profit | 276.0M | 195.0M | 142.0M | 100.0M | 95.0M |
| Gross Margin % | 16.6% | 14.3% | 12.5% | 11.3% | 12.2% |
| Total Operating Cost | 1.6B | 1.3B | 1.1B | 880.0M | 802.0M |
| Selling Expenses | 35.2M | 18.0M | 16.3M | 19.4M | 14.5M |
| Admin Expenses | 82.3M | 57.9M | 49.9M | 39.4M | 37.0M |
| Rd Expenses | 73.5M | 59.7M | 46.5M | 36.1M | 36.5M |
| Finance Expenses | 24.3M | 10.3M | 4.8M | 2.2M | 6.0M |
| Operating Income | 40.6M | 34.2M | 19.8M | 13.9M | -767,400 |
| Operating Margin % | 2.4% | 2.5% | 1.7% | 1.6% | -0.1% |
| Non Operating Income | 55,300 | 17,700 | 12,600 | 5,300 | 10,400 |
| Non Operating Expenses | 146,000 | 328,600 | 310,800 | 224,400 | 1.4M |
| Investment Income | 5.7M | 4.2M | 1.1M | 5.3M | 20.4M |
| Fair Value Change Income | 7.6M | -- | -3.0M | -- | -- |
| Asset Disposal Income | 190,000 | 221,800 | 16,500 | -443,600 | -1.5M |
| Asset Impairment Loss | 3.3M | -6,600 | 513,500 | 392,700 | 5.8M |
| Other Income | 2.5M | 1.2M | 2.2M | 4.9M | 5.1M |
| Income Before Tax | 40.5M | 33.9M | 19.5M | 13.7M | -2.1M |
| Income Tax | 7.3M | -2.1M | -1.1M | 682,800 | 389,500 |
| Net Income | 33.3M | 35.9M | 20.6M | 13.0M | -2.5M |
| Net Margin % | 2.0% | 2.6% | 1.8% | 1.5% | -0.3% |
| Net Income Attributable | 18.9M | 32.9M | 21.9M | 17.7M | 16.6M |
| Minority Interest | 14.4M | 3.1M | -1.3M | -4.7M | -19.1M |
| Eps Basic | 0.09 | 0.16 | 0.11 | 0.09 | 0.08 |
| Eps Diluted | 0.09 | 0.16 | 0.11 | 0.09 | 0.08 |
| 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 | 315.0M | 278.0M | 388.0M | 505.0M | 486.0M |
| Trading Financial Assets | 5.2M | -- | -- | -- | -- |
| Accounts Receivable | 907.0M | 481.0M | 309.0M | 235.0M | 355.0M |
| Notes Receivable | 19.4M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 926.0M | 481.0M | 309.0M | 235.0M | 355.0M |
| Prepayments | 93.5M | 46.4M | 24.7M | 26.9M | 31.9M |
| Inventory | 201.0M | 245.0M | 290.0M | 408.0M | 320.0M |
| Total Current Assets | 1.7B | 1.1B | 1.1B | 1.3B | 1.4B |
| Long Term Equity Investment | 11.1M | 11.6M | 8.1M | 6.4M | 5.7M |
| Fixed Assets | -- | 233.0M | 117.0M | 12.9M | 13.9M |
| Fixed Assets Total | 227.0M | 233.0M | 117.0M | 12.9M | 13.9M |
| Construction In Progress | -- | 1.1M | 6.7M | 127.0M | 69.9M |
| Construction In Progress Total | 1.1M | 1.1M | 6.7M | 127.0M | 69.9M |
| Intangible Assets | 13.6M | 10.6M | 9.7M | 10.0M | 10.2M |
| Long Term Deferred Expenses | 124.0M | 141.0M | 147.0M | 106.0M | 57.0M |
| Total Non Current Assets | 614.0M | 579.0M | 539.0M | 395.0M | 220.0M |
| Total Assets | 2.3B | 1.7B | 1.6B | 1.7B | 1.6B |
| Short Term Borrowings | 547.0M | -- | -- | 58.1M | 63.5M |
| Accounts Payable | 480.0M | 467.0M | 455.0M | 467.0M | 475.0M |
| Advance Receipts | 754,100 | 835,900 | 450,700 | 929,700 | 1.0M |
| Contract Liabilities | 46.9M | 50.4M | 64.3M | 87.0M | 31.5M |
| Total Current Liabilities | 1.3B | 580.0M | 544.0M | 643.0M | 592.0M |
| Total Non Current Liabilities | 13.3M | 310.0M | 299.0M | 283.0M | 258.0M |
| Total Liabilities | 1.3B | 890.0M | 843.0M | 926.0M | 849.0M |
| Paid In Capital | 229.0M | 206.0M | 204.0M | 204.0M | 204.0M |
| Capital Reserve | 469.0M | 144.0M | 122.0M | 121.0M | 121.0M |
| Surplus Reserve | 61.7M | 58.2M | 55.5M | 53.0M | 50.9M |
| Retained Earnings | 382.0M | 379.0M | 359.0M | 346.0M | 337.0M |
| Minority Equity | 14.1M | -306,900 | -5.3M | -4.2M | -938,100 |
| Equity Attributable | 1.0B | 802.0M | 755.0M | 739.0M | 728.0M |
| Total Equity | 1.1B | 802.0M | 750.0M | 735.0M | 728.0M |
| 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 | 2.7B | 1.3B | 1.1B | 1.1B | 790.0M |
| Tax Refunds Received | 27,300 | 1.6M | -- | -- | -- |
| Total Operating Cash Inflow | 2.8B | 1.3B | 1.1B | 1.2B | 847.0M |
| Cash Paid For Goods | 2.8B | 1.0B | 838.0M | 833.0M | 607.0M |
| Cash Paid To Employees | 138.0M | 108.0M | 110.0M | 107.0M | 101.0M |
| Taxes Paid | 30.8M | 19.8M | 8.9M | 17.1M | 22.5M |
| Total Operating Cash Outflow | 3.0B | 1.2B | 1.0B | 1.0B | 802.0M |
| Operating Cash Flow | -272.0M | 74.1M | 130.0M | 161.0M | 44.2M |
| Total Investing Cash Inflow | 63.0M | 23.7M | 58.3M | 87.6M | 126.0M |
| Total Investing Cash Outflow | 323.0M | 211.0M | 229.0M | 218.0M | 220.0M |
| Investing Cash Flow | -260.0M | -187.0M | -171.0M | -130.0M | -94.0M |
| Cash From Borrowings | 603.0M | -- | -- | 112.0M | 435.0M |
| Dividends And Interest Paid | 23.0M | 13.4M | 8.5M | 8.6M | 7.8M |
| Debt Repayments | 82.4M | -- | 56.0M | 112.0M | 180.0M |
| Total Financing Cash Inflow | 651.0M | 23.7M | 200,000 | 113.0M | 436.0M |
| Total Financing Cash Outflow | 189.0M | 15.1M | 71.4M | 130.0M | 197.0M |
| Financing Cash Flow | 462.0M | 8.5M | -71.2M | -17.0M | 239.0M |
| Net Change In Cash | -69.7M | -104.0M | -112.0M | 14.1M | 189.0M |
| Ending Cash Balance | 193.0M | 263.0M | 367.0M | 480.0M | 466.0M |
| Capex | 126.0M | 134.0M | 224.0M | 166.0M | 117.0M |