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 | 466.0M | 537.0M | 713.0M | 880.0M | 538.0M |
| Revenue Growth % | -13.2% | -24.7% | -19.0% | 63.6% | -- |
| Total Revenue | 466.0M | 537.0M | 713.0M | 880.0M | 538.0M |
| Cost Of Revenue | 432.0M | 457.0M | 497.0M | 676.0M | 406.0M |
| Gross Profit | 34.0M | 80.0M | 216.0M | 204.0M | 132.0M |
| Gross Margin % | 7.3% | 14.9% | 30.3% | 23.2% | 24.5% |
| Total Operating Cost | 494.0M | 517.0M | 579.0M | 773.0M | 481.0M |
| Selling Expenses | 7.0M | 8.2M | 10.5M | 8.6M | 8.2M |
| Admin Expenses | 37.3M | 37.3M | 46.0M | 46.3M | 39.2M |
| Rd Expenses | 18.4M | 18.1M | 29.0M | 35.7M | 21.7M |
| Finance Expenses | -8.7M | -8.3M | -10.2M | 880,900 | 2.3M |
| Operating Income | -24.7M | 25.7M | 140.0M | 113.0M | 60.3M |
| Operating Margin % | -5.3% | 4.8% | 19.6% | 12.8% | 11.2% |
| Non Operating Income | 75,500 | 4,600 | 2,000 | 1.00 | 7,300 |
| Non Operating Expenses | 78,500 | 203,600 | 1.3M | 156,300 | 605,000 |
| Investment Income | 43,900 | 1.4M | 1.8M | 1.2M | 2.5M |
| Fair Value Change Income | 254,800 | 884,700 | 654,500 | 2.9M | -419,700 |
| Asset Disposal Income | 5,200 | -- | -- | -21,600 | 105,100 |
| Asset Impairment Loss | 5.1M | 331,800 | 309,900 | -- | -- |
| Other Income | 2.8M | 3.6M | 3.1M | 2.0M | 1.4M |
| Income Before Tax | -24.7M | 25.5M | 139.0M | 113.0M | 59.7M |
| Income Tax | -4.6M | 2.4M | 19.1M | 12.7M | 8.1M |
| Net Income | -20.2M | 23.1M | 120.0M | 100.0M | 51.6M |
| Net Margin % | -4.3% | 4.3% | 16.8% | 11.4% | 9.6% |
| Net Income Attributable | -19.7M | 23.9M | 120.0M | 100.0M | 51.8M |
| Minority Interest | -504,600 | -794,000 | -624,600 | -266,500 | -221,500 |
| Eps Basic | -0.22 | 0.27 | 1.37 | 1.15 | 0.59 |
| Eps Diluted | -0.22 | 0.27 | 1.37 | 1.16 | 0.59 |
| 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 | 291.0M | 378.0M | 269.0M | 254.0M | 193.0M |
| Trading Financial Assets | 225.0M | -- | 141.0M | 30.2M | 10.1M |
| Accounts Receivable | 68.1M | 58.0M | 66.9M | 96.3M | 58.0M |
| Notes Receivable | -- | 2.3M | 26.5M | 24.3M | 11.4M |
| Notes And Accounts Receivable | 68.1M | 60.3M | 93.3M | 121.0M | 69.4M |
| Prepayments | 4.5M | 9.1M | 7.9M | 7.4M | 6.8M |
| Inventory | 43.4M | 45.9M | 53.4M | 47.7M | 44.7M |
| Total Current Assets | 662.0M | 523.0M | 582.0M | 493.0M | 385.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 286.0M | 190.0M | 215.0M | 200.0M |
| Fixed Assets Total | 255.0M | 286.0M | 190.0M | 215.0M | 200.0M |
| Construction In Progress | -- | 21.2M | 99.1M | 86.0M | 97.5M |
| Construction In Progress Total | 212.0M | 36.5M | 111.0M | 96.3M | 104.0M |
| Intangible Assets | 48.6M | 49.4M | 34.2M | 35.1M | 35.8M |
| Long Term Deferred Expenses | 11.4M | 4.8M | 6.4M | 3.9M | 8.8M |
| Total Non Current Assets | 595.0M | 410.0M | 365.0M | 392.0M | 369.0M |
| Total Assets | 1.3B | 933.0M | 947.0M | 885.0M | 754.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 38.2M | 34.2M | 36.5M | 47.9M | 31.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.7M | 2.6M | 5.5M | 7.4M | 5.0M |
| Total Current Liabilities | 258.0M | 165.0M | 180.0M | 214.0M | 164.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 66.7M | 3.9M | 4.8M | 6.0M | 6.2M |
| Total Liabilities | 324.0M | 169.0M | 185.0M | 220.0M | 170.0M |
| Paid In Capital | 95.7M | 87.9M | 87.9M | 87.9M | 87.9M |
| Capital Reserve | 487.0M | 287.0M | 287.0M | 285.0M | 274.0M |
| Surplus Reserve | 53.6M | 53.6M | 53.6M | 41.4M | 31.3M |
| Retained Earnings | 295.0M | 333.0M | 335.0M | 258.0M | 203.0M |
| Minority Equity | 1.5M | 2.0M | 2.8M | 3.4M | 3.7M |
| Equity Attributable | 931.0M | 761.0M | 759.0M | 661.0M | 580.0M |
| Total Equity | 933.0M | 763.0M | 762.0M | 664.0M | 584.0M |
| 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 | 408.0M | 490.0M | 686.0M | 695.0M | 402.0M |
| Tax Refunds Received | 28.3M | 19.7M | 15.4M | 18.6M | 13.7M |
| Total Operating Cash Inflow | 553.0M | 542.0M | 728.0M | 738.0M | 434.0M |
| Cash Paid For Goods | 341.0M | 395.0M | 455.0M | 480.0M | 301.0M |
| Cash Paid To Employees | 41.7M | 44.1M | 44.9M | 33.0M | 24.6M |
| Taxes Paid | 3.3M | 9.5M | 30.2M | 20.2M | 16.0M |
| Total Operating Cash Outflow | 469.0M | 499.0M | 584.0M | 588.0M | 384.0M |
| Operating Cash Flow | 84.3M | 43.1M | 145.0M | 150.0M | 49.8M |
| Total Investing Cash Inflow | 50.5M | 393.0M | 559.0M | 301.0M | 363.0M |
| Total Investing Cash Outflow | 429.0M | 299.0M | 664.0M | 355.0M | 314.0M |
| Investing Cash Flow | -379.0M | 94.0M | -104.0M | -53.4M | 49.6M |
| Cash From Borrowings | -- | -- | 60.0M | -- | -- |
| Dividends And Interest Paid | 17.6M | 26.4M | 31.0M | 35.2M | 26.3M |
| Debt Repayments | -- | -- | 60.0M | -- | -- |
| Total Financing Cash Inflow | 211.0M | -- | 60.0M | -- | 7.4M |
| Total Financing Cash Outflow | 19.0M | 29.0M | 91.3M | 35.5M | 26.3M |
| Financing Cash Flow | 192.0M | -29.0M | -31.3M | -35.5M | -18.9M |
| Net Change In Cash | -99.5M | 109.0M | 14.5M | 59.7M | 78.1M |
| Ending Cash Balance | 256.0M | 355.0M | 246.0M | 232.0M | 172.0M |
| Capex | 154.0M | 49.3M | 12.5M | 18.8M | 7.9M |