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 | 1.2B | 1.4B | 1.1B | 1.3B | 1.0B |
| Revenue Growth % | -12.5% | 34.1% | -16.4% | 26.1% | -- |
| Total Revenue | 1.2B | 1.4B | 1.1B | 1.3B | 1.0B |
| Cost Of Revenue | 695.0M | 707.0M | 469.0M | 471.0M | 345.0M |
| Gross Profit | 545.0M | 710.0M | 588.0M | 793.0M | 657.0M |
| Gross Margin % | 44.0% | 50.1% | 55.6% | 62.7% | 65.6% |
| Total Operating Cost | 1.5B | 1.5B | 1.2B | 1.1B | 858.0M |
| Selling Expenses | 401.0M | 392.0M | 390.0M | 315.0M | 268.0M |
| Admin Expenses | 211.0M | 171.0M | 200.0M | 146.0M | 140.0M |
| Rd Expenses | 107.0M | 130.0M | 105.0M | 94.3M | 74.3M |
| Finance Expenses | 33.5M | 20.5M | 21.1M | 2.8M | -2.7M |
| Operating Income | -265.0M | 7.4M | -146.0M | 218.0M | 191.0M |
| Operating Margin % | -21.4% | 0.5% | -13.8% | 17.2% | 19.1% |
| Non Operating Income | 16.2M | 6.8M | 779,600 | 224,900 | 215,900 |
| Non Operating Expenses | 7.4M | 2.8M | 2.4M | 1.1M | 2.3M |
| Investment Income | -5.9M | 13.5M | 6.6M | 4.2M | 10.2M |
| Fair Value Change Income | 14.9M | 16.4M | -- | -- | -- |
| Asset Disposal Income | 119,200 | -171,600 | -8,000 | 333,000 | 919,000 |
| Asset Impairment Loss | 17.8M | 2.8M | 209,200 | -- | -- |
| Other Income | 14.8M | 30.4M | 22.7M | 37.6M | 35.7M |
| Income Before Tax | -256.0M | 11.4M | -148.0M | 217.0M | 189.0M |
| Income Tax | -37.4M | -8.9M | -21.1M | 20.3M | 18.4M |
| Net Income | -219.0M | 20.2M | -127.0M | 196.0M | 171.0M |
| Net Margin % | -17.7% | 1.4% | -12.0% | 15.5% | 17.1% |
| Net Income Attributable | -212.0M | 23.3M | -144.0M | 196.0M | 171.0M |
| Minority Interest | -7.1M | -3.1M | 17.6M | 501,600 | -230,700 |
| Eps Basic | -0.43 | 0.05 | -0.30 | 0.47 | 0.40 |
| Eps Diluted | -0.43 | 0.05 | -0.30 | 0.45 | 0.40 |
| 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 | 508.0M | 700.0M | 884.0M | 382.0M | 692.0M |
| Trading Financial Assets | 41.2M | 16.4M | 100.0M | -- | 100.0M |
| Accounts Receivable | 952.0M | 935.0M | 871.0M | 856.0M | 601.0M |
| Notes Receivable | 15.5M | 13.7M | 42.8M | 16.6M | 731,800 |
| Notes And Accounts Receivable | 968.0M | 949.0M | 913.0M | 873.0M | 602.0M |
| Prepayments | 16.4M | 37.7M | 72.2M | 30.4M | 7.5M |
| Inventory | 198.0M | 225.0M | 238.0M | 147.0M | 131.0M |
| Total Current Assets | 1.9B | 2.0B | 2.3B | 1.5B | 1.6B |
| Long Term Equity Investment | 168.0M | 179.0M | 162.0M | 140.0M | 118.0M |
| Fixed Assets | -- | 453.0M | 433.0M | 444.0M | 275.0M |
| Fixed Assets Total | 701.0M | 453.0M | 433.0M | 444.0M | 275.0M |
| Construction In Progress | -- | 211.0M | 128.0M | 10.5M | 71.0M |
| Construction In Progress Total | 5.6M | 211.0M | 128.0M | 10.5M | 71.0M |
| Intangible Assets | 227.0M | 248.0M | 223.0M | 136.0M | 76.0M |
| Long Term Deferred Expenses | 4.3M | 2.7M | 4.5M | 5.5M | 3.8M |
| Total Non Current Assets | 1.4B | 1.3B | 1.2B | 888.0M | 581.0M |
| Total Assets | 3.3B | 3.3B | 3.5B | 2.4B | 2.2B |
| Short Term Borrowings | 372.0M | 67.1M | 157.0M | 61.0M | -- |
| Accounts Payable | 258.0M | 264.0M | 222.0M | 202.0M | 149.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 131.0M | 138.0M | 211.0M | 98.0M | 126.0M |
| Total Current Liabilities | 1.1B | 847.0M | 955.0M | 684.0M | 561.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 473.0M | 412.0M | 396.0M | 370.0M | 343.0M |
| Total Liabilities | 1.6B | 1.3B | 1.4B | 1.1B | 904.0M |
| Paid In Capital | 501.0M | 508.0M | 508.0M | 426.0M | 426.0M |
| Capital Reserve | 1.1B | 1.1B | 1.2B | 300.0M | 300.0M |
| Surplus Reserve | 87.1M | 87.1M | 85.0M | 85.0M | 66.8M |
| Retained Earnings | 19.6M | 281.0M | 310.0M | 542.0M | 433.0M |
| Minority Equity | 44.1M | 51.2M | 55.6M | 4.0M | 1.7M |
| Equity Attributable | 1.7B | 2.0B | 2.1B | 1.3B | 1.3B |
| Total Equity | 1.7B | 2.1B | 2.1B | 1.3B | 1.3B |
| 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 | 1.3B | 1.4B | 1.2B | 1.1B | 1.0B |
| Tax Refunds Received | 1.5M | 23.2M | 3.1M | 13.8M | 17.4M |
| Total Operating Cash Inflow | 1.4B | 1.5B | 1.3B | 1.2B | 1.1B |
| Cash Paid For Goods | 599.0M | 550.0M | 498.0M | 471.0M | 276.0M |
| Cash Paid To Employees | 541.0M | 553.0M | 515.0M | 390.0M | 317.0M |
| Taxes Paid | 132.0M | 107.0M | 128.0M | 136.0M | 113.0M |
| Total Operating Cash Outflow | 1.5B | 1.5B | 1.5B | 1.3B | 932.0M |
| Operating Cash Flow | -163.0M | 25.0M | -145.0M | -44.8M | 207.0M |
| Total Investing Cash Inflow | 264.0M | 563.0M | 384.0M | 575.0M | 134.0M |
| Total Investing Cash Outflow | 397.0M | 623.0M | 664.0M | 720.0M | 433.0M |
| Investing Cash Flow | -134.0M | -59.8M | -280.0M | -145.0M | -299.0M |
| Cash From Borrowings | 879.0M | 116.0M | 239.0M | 84.9M | 459.0M |
| Dividends And Interest Paid | 66.6M | 59.1M | 107.0M | 70.4M | 63.9M |
| Debt Repayments | 574.0M | 208.0M | 161.0M | 23.9M | 40.7M |
| Total Financing Cash Inflow | 879.0M | 116.0M | 1.2B | 88.2M | 459.0M |
| Total Financing Cash Outflow | 750.0M | 284.0M | 273.0M | 222.0M | 106.0M |
| Financing Cash Flow | 129.0M | -168.0M | 942.0M | -134.0M | 353.0M |
| Net Change In Cash | -168.0M | -202.0M | 517.0M | -323.0M | 261.0M |
| Ending Cash Balance | 486.0M | 654.0M | 856.0M | 339.0M | 662.0M |
| Capex | 118.0M | 137.0M | 87.7M | 199.0M | 113.0M |