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 | 300.0M | 232.0M | 212.0M | 273.0M | 299.0M |
| Revenue Growth % | 29.3% | 9.4% | -22.3% | -8.7% | -- |
| Total Revenue | 300.0M | 232.0M | 212.0M | 273.0M | 299.0M |
| Cost Of Revenue | 235.0M | 180.0M | 153.0M | 207.0M | 271.0M |
| Gross Profit | 65.0M | 52.0M | 59.0M | 66.0M | 28.0M |
| Gross Margin % | 21.7% | 22.4% | 27.8% | 24.2% | 9.4% |
| Total Operating Cost | 306.0M | 279.0M | 217.0M | 267.0M | 341.0M |
| Selling Expenses | 16.0M | 18.2M | 16.4M | 14.9M | 20.8M |
| Admin Expenses | 35.0M | 41.3M | 35.6M | 33.5M | 31.2M |
| Rd Expenses | 11.3M | 10.8M | 9.1M | 7.6M | 10.2M |
| Finance Expenses | -2.7M | -3.7M | -1.9M | -591,100 | -597,100 |
| Operating Income | 365,800 | -31.9M | 11.8M | 21.3M | -24.7M |
| Operating Margin % | 0.1% | -13.7% | 5.6% | 7.8% | -8.3% |
| Non Operating Income | 1.1M | 2.4M | 780,300 | 1.3M | 795,100 |
| Non Operating Expenses | 105,200 | 63,700 | 426,400 | 87,400 | -- |
| Investment Income | 2.2M | 5.4M | 360,700 | 551,500 | 1.7M |
| Asset Disposal Income | -- | 1.1M | 35,800 | 134,100 | -- |
| Asset Impairment Loss | 8.6M | 13.3M | 809,700 | 490,800 | 2.0M |
| Other Income | 3.6M | 8.2M | 16.5M | 14.7M | 14.9M |
| Income Before Tax | 1.3M | -29.5M | 12.2M | 22.4M | -23.9M |
| Income Tax | 19.9M | -19.7M | -110,200 | -- | 35,800 |
| Net Income | -18.6M | -9.9M | 12.3M | 22.4M | -24.0M |
| Net Margin % | -6.2% | -4.3% | 5.8% | 8.2% | -8.0% |
| Net Income Attributable | -17.0M | -8.7M | 15.8M | 22.4M | -24.0M |
| Minority Interest | -1.5M | -1.2M | -3.5M | -- | -- |
| Eps Basic | -0.13 | -0.07 | 0.12 | 0.17 | -0.18 |
| Eps Diluted | -0.13 | -0.07 | 0.12 | 0.17 | -0.18 |
| 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 | 223.0M | 252.0M | 262.0M | 140.0M | 86.9M |
| Accounts Receivable | 190.0M | 130.0M | 101.0M | 78.7M | 118.0M |
| Notes Receivable | 622,400 | 150,000 | 1.8M | 5.9M | 9.3M |
| Notes And Accounts Receivable | 191.0M | 130.0M | 103.0M | 84.6M | 128.0M |
| Prepayments | 4.9M | 2.0M | 8.1M | 43.4M | 17.4M |
| Inventory | 28.4M | 25.3M | 47.5M | 49.6M | 51.4M |
| Total Current Assets | 516.0M | 449.0M | 502.0M | 429.0M | 421.0M |
| Long Term Equity Investment | 39.4M | 48.1M | 59.2M | 60.7M | 60.1M |
| Fixed Assets | -- | 255.0M | 317.0M | 11.9M | 10.4M |
| Fixed Assets Total | 217.0M | 255.0M | 317.0M | 11.9M | 10.4M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | 5.4M | -- | -- | -- | -- |
| Intangible Assets | 1.8M | 2.6M | 3.1M | 1.8M | 2.2M |
| Long Term Deferred Expenses | 42.0M | 21.1M | 13.5M | 10.5M | 23.9M |
| Total Non Current Assets | 429.0M | 435.0M | 436.0M | 278.0M | 189.0M |
| Total Assets | 945.0M | 885.0M | 937.0M | 707.0M | 611.0M |
| Short Term Borrowings | 10.0M | -- | -- | -- | -- |
| Accounts Payable | 132.0M | 79.7M | 79.0M | 41.1M | 50.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 13.5M | 8.7M | 15.1M | 14.7M | 14.2M |
| Total Current Liabilities | 202.0M | 121.0M | 128.0M | 86.2M | 90.4M |
| Long Term Borrowings | 183.0M | 199.0M | 208.0M | 67.0M | -- |
| Total Non Current Liabilities | 193.0M | 209.0M | 225.0M | 79.0M | 564,500 |
| Total Liabilities | 396.0M | 330.0M | 353.0M | 165.0M | 91.0M |
| Paid In Capital | 130.0M | 130.0M | 130.0M | 130.0M | 130.0M |
| Capital Reserve | 260.0M | 230.0M | 230.0M | 226.0M | 226.0M |
| Surplus Reserve | 28.7M | 28.7M | 28.7M | 26.7M | 24.3M |
| Retained Earnings | 80.2M | 126.0M | 154.0M | 159.0M | 140.0M |
| Minority Equity | 49.7M | 40.3M | 41.5M | -- | -- |
| Equity Attributable | 499.0M | 515.0M | 543.0M | 542.0M | 520.0M |
| Total Equity | 549.0M | 555.0M | 584.0M | 542.0M | 520.0M |
| 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 | 291.0M | 205.0M | 212.0M | 330.0M | 345.0M |
| Tax Refunds Received | -- | -- | 406,000 | -- | -- |
| Total Operating Cash Inflow | 307.0M | 249.0M | 302.0M | 378.0M | 360.0M |
| Cash Paid For Goods | 171.0M | 102.0M | 93.6M | 187.0M | 172.0M |
| Cash Paid To Employees | 84.1M | 86.6M | 84.0M | 87.4M | 88.0M |
| Taxes Paid | 7.7M | 5.0M | 9.1M | 4.2M | 17.2M |
| Total Operating Cash Outflow | 283.0M | 207.0M | 204.0M | 295.0M | 368.0M |
| Operating Cash Flow | 24.5M | 41.8M | 97.7M | 82.5M | -8.0M |
| Total Investing Cash Inflow | 74.4M | 16.7M | 612.0M | 219.0M | 301.0M |
| Total Investing Cash Outflow | 108.0M | 30.4M | 753.0M | 312.0M | 275.0M |
| Investing Cash Flow | -33.8M | -13.7M | -141.0M | -93.1M | 25.6M |
| Cash From Borrowings | -- | -- | 148.0M | 70.2M | 60.0M |
| Dividends And Interest Paid | 6.8M | 29.5M | 25.8M | 1.2M | 983,000 |
| Debt Repayments | 24.8M | 6.8M | 3.2M | -- | 75.0M |
| Total Financing Cash Inflow | 10.9M | -- | 197.0M | 70.2M | 60.0M |
| Total Financing Cash Outflow | 32.3M | 37.4M | 32.1M | 7.1M | 76.0M |
| Financing Cash Flow | -21.4M | -37.4M | 165.0M | 63.2M | -16.0M |
| Net Change In Cash | -30.6M | -9.3M | 122.0M | 52.6M | 1.6M |
| Ending Cash Balance | 222.0M | 252.0M | 262.0M | 140.0M | 86.9M |
| Capex | 42.7M | 30.4M | 143.0M | 95.7M | 110.0M |