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 | 1.4B | 1.8B | 1.5B | 1.4B | 1.2B |
| Revenue Growth % | -21.2% | 18.5% | 11.9% | 16.5% | -- |
| Total Revenue | 1.4B | 1.8B | 1.5B | 1.4B | 1.2B |
| Cost Of Revenue | 737.0M | 885.0M | 639.0M | 545.0M | 444.0M |
| Gross Profit | 677.0M | 910.0M | 876.0M | 809.0M | 718.0M |
| Gross Margin % | 47.9% | 50.7% | 57.8% | 59.7% | 61.8% |
| Total Operating Cost | 1.7B | 1.8B | 1.4B | 1.3B | 1.1B |
| Selling Expenses | 611.0M | 638.0M | 584.0M | 546.0M | 475.0M |
| Admin Expenses | 119.0M | 96.3M | 69.8M | 67.4M | 66.3M |
| Rd Expenses | 202.0M | 114.0M | 106.0M | 100.0M | 51.7M |
| Finance Expenses | 30.0M | 17.2M | 17.0M | 10.6M | 8.2M |
| Operating Income | -267.0M | 28.5M | 96.6M | 66.6M | 134.0M |
| Operating Margin % | -18.9% | 1.6% | 6.4% | 4.9% | 11.5% |
| Non Operating Income | 1.0M | 738,100 | 2.6M | 16.6M | 1.6M |
| Non Operating Expenses | 2.8M | 2.2M | 2.0M | 1.5M | 1.4M |
| Investment Income | 8.2M | -4.4M | -2.1M | -3.7M | -494,400 |
| Asset Disposal Income | 39,100 | -81,500 | -11,200 | -90,400 | -200,100 |
| Asset Impairment Loss | 7.4M | 8.0M | 5.7M | 1.4M | 724,500 |
| Other Income | 39.9M | 29.5M | 18.2M | 8.2M | 42.5M |
| Income Before Tax | -269.0M | 27.0M | 97.2M | 81.7M | 134.0M |
| Income Tax | 351,300 | 10.1M | 12.5M | 12.1M | 12.9M |
| Net Income | -270.0M | 17.0M | 84.7M | 69.6M | 122.0M |
| Net Margin % | -19.1% | 0.9% | 5.6% | 5.1% | 10.5% |
| Net Income Attributable | -274.0M | 10.9M | 85.7M | 72.1M | 122.0M |
| Minority Interest | 4.9M | 6.1M | -940,200 | -2.6M | -- |
| Eps Basic | -0.69 | 0.03 | 0.21 | 0.18 | 0.32 |
| Eps Diluted | -0.69 | 0.03 | 0.21 | 0.18 | 0.32 |
| 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 | 254.0M | 523.0M | 480.0M | 488.0M | 346.0M |
| Accounts Receivable | 380.0M | 420.0M | 312.0M | 340.0M | 270.0M |
| Notes Receivable | 9.4M | 12.2M | 14.2M | -- | -- |
| Notes And Accounts Receivable | 390.0M | 432.0M | 327.0M | 340.0M | 270.0M |
| Prepayments | 31.9M | 25.6M | 70.5M | 11.9M | 9.7M |
| Inventory | 447.0M | 281.0M | 214.0M | 213.0M | 186.0M |
| Total Current Assets | 1.2B | 1.3B | 1.2B | 1.1B | 960.0M |
| Long Term Equity Investment | 18.4M | 20.4M | 20.1M | -- | -- |
| Fixed Assets | -- | -- | 364.0M | 372.0M | 394.0M |
| Fixed Assets Total | 1.1B | 384.0M | 364.0M | 372.0M | 394.0M |
| Construction In Progress | -- | -- | 433.0M | 150.0M | 22.7M |
| Construction In Progress Total | 253.0M | 874.0M | 433.0M | 150.0M | 22.7M |
| Intangible Assets | 182.0M | 160.0M | 102.0M | 114.0M | 125.0M |
| Long Term Deferred Expenses | 4.2M | 2.6M | 1.2M | 1.0M | 707,300 |
| Total Non Current Assets | 1.7B | 1.6B | 1.1B | 674.0M | 562.0M |
| Total Assets | 3.0B | 2.9B | 2.3B | 1.8B | 1.5B |
| Short Term Borrowings | 411.0M | 421.0M | 501.0M | 439.0M | 210.0M |
| Accounts Payable | 378.0M | 181.0M | 92.9M | 104.0M | 148.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 127.0M | 120.0M | 262.0M | 66.0M | 83.1M |
| Total Current Liabilities | 1.4B | 1.1B | 1.1B | 794.0M | 545.0M |
| Long Term Borrowings | 590.0M | 737.0M | 178.0M | -- | 52.0M |
| Total Non Current Liabilities | 783.0M | 819.0M | 240.0M | 36.5M | 60.2M |
| Total Liabilities | 2.2B | 1.9B | 1.3B | 830.0M | 605.0M |
| Paid In Capital | 400.0M | 400.0M | 400.0M | 400.0M | 400.0M |
| Capital Reserve | 291.0M | 291.0M | 291.0M | 291.0M | 291.0M |
| Surplus Reserve | 64.6M | 64.6M | 57.7M | 50.2M | 43.9M |
| Retained Earnings | -55.0M | 269.0M | 265.0M | 187.0M | 182.0M |
| Minority Equity | 42.7M | 39.0M | 1.4M | 2.3M | -- |
| Equity Attributable | 701.0M | 1.0B | 1.0B | 928.0M | 916.0M |
| Total Equity | 743.0M | 1.1B | 1.0B | 931.0M | 916.0M |
| 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 | 1.4B | 1.6B | 1.7B | 1.3B | 1.0B |
| Tax Refunds Received | -- | 11.2M | 12.1M | 9.3M | 1.7M |
| Total Operating Cash Inflow | 1.5B | 1.6B | 1.8B | 1.4B | 1.1B |
| Cash Paid For Goods | 646.0M | 624.0M | 622.0M | 441.0M | 318.0M |
| Cash Paid To Employees | 274.0M | 276.0M | 224.0M | 204.0M | 151.0M |
| Taxes Paid | 148.0M | 144.0M | 151.0M | 134.0M | 151.0M |
| Total Operating Cash Outflow | 1.7B | 1.6B | 1.6B | 1.3B | 1.1B |
| Operating Cash Flow | -149.0M | 28.3M | 239.0M | 102.0M | 3.3M |
| Total Investing Cash Inflow | 13.7M | 84,700 | 191.0M | 34.5M | 211.0M |
| Total Investing Cash Outflow | 156.0M | 524.0M | 602.0M | 152.0M | 288.0M |
| Investing Cash Flow | -142.0M | -524.0M | -412.0M | -117.0M | -77.6M |
| Cash From Borrowings | 606.0M | 1.1B | 686.0M | 464.0M | 242.0M |
| Dividends And Interest Paid | 93.6M | 31.6M | 14.4M | 73.7M | 8.0M |
| Debt Repayments | 617.0M | 546.0M | 502.0M | 239.0M | 98.9M |
| Total Financing Cash Inflow | 736.0M | 1.1B | 686.0M | 481.0M | 417.0M |
| Total Financing Cash Outflow | 714.0M | 587.0M | 522.0M | 335.0M | 156.0M |
| Financing Cash Flow | 21.8M | 553.0M | 164.0M | 146.0M | 261.0M |
| Net Change In Cash | -270.0M | 57.1M | -8.7M | 132.0M | 187.0M |
| Ending Cash Balance | 251.0M | 521.0M | 464.0M | 473.0M | 341.0M |
| Capex | 156.0M | 489.0M | 392.0M | 138.0M | 59.4M |