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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.5B | 1.6B | 986.0M | 914.0M | 852.0M | 1.2B | 1.3B | 1.1B | 1.1B |
| Revenue Growth % | -10.8% | 65.7% | 7.9% | 7.3% | -31.6% | -3.2% | 12.3% | 4.1% | -- |
| Total Revenue | 1.5B | 1.6B | 986.0M | 914.0M | 852.0M | 1.2B | 1.3B | 1.1B | 1.1B |
| Cost Of Revenue | 1.0B | 1.2B | 635.0M | 542.0M | 455.0M | 590.0M | 626.0M | 593.0M | 578.0M |
| Gross Profit | 442.0M | 399.0M | 351.0M | 372.0M | 397.0M | 656.0M | 661.0M | 553.0M | 523.0M |
| Gross Margin % | 30.3% | 24.4% | 35.6% | 40.7% | 46.6% | 52.6% | 51.4% | 48.3% | 47.5% |
| Total Operating Cost | 1.5B | 1.6B | 928.0M | 788.0M | 609.0M | 899.0M | 980.0M | 861.0M | 867.0M |
| Selling Expenses | 245.0M | 188.0M | 187.0M | 169.0M | 126.0M | 266.0M | 292.0M | 234.0M | 266.0M |
| Admin Expenses | 142.0M | 127.0M | 81.6M | 75.7M | 47.0M | 55.1M | 63.2M | 30.9M | 16.5M |
| Rd Expenses | 34.6M | 25.2M | 18.0M | 12.6M | 2.0M | 2.2M | 1.5M | 1.2M | 823,200 |
| Finance Expenses | -17.6M | -6.6M | -15.7M | -19.2M | -28.0M | -21.9M | -15.6M | -6.3M | -5.8M |
| Operating Income | -29.5M | 84.7M | 93.1M | 193.0M | 289.0M | 392.0M | 350.0M | 305.0M | 234.0M |
| Operating Margin % | -2.0% | 5.2% | 9.4% | 21.1% | 33.9% | 31.5% | 27.2% | 26.6% | 21.3% |
| Non Operating Income | 2.2M | 2.3M | 1.2M | 7.8M | 7.4M | 3.4M | 519,400 | 1.4M | 1.5M |
| Non Operating Expenses | 4.3M | 3.2M | 3.5M | 4.8M | 11.2M | 1.2M | 1.0M | 1.6M | 3.5M |
| Investment Income | 5.8M | 8.2M | 17.9M | 28.2M | 1.3M | -- | -- | -- | -- |
| Fair Value Change Income | 3.8M | 29,900 | 377,800 | 2.7M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 5.1M | 437,500 | -- | -- | -- | -- | 10,200 | -- | -- |
| Asset Impairment Loss | 49.2M | -- | -- | -- | -- | -2.8M | 3.0M | 87,800 | 1.8M |
| Other Income | 12.7M | 25.8M | 16.6M | 36.5M | 44.6M | 45.1M | 42.8M | 20.4M | -- |
| Income Before Tax | -31.6M | 83.7M | 90.8M | 196.0M | 285.0M | 395.0M | 349.0M | 305.0M | 232.0M |
| Income Tax | 1.9M | 19.0M | 17.3M | 50.8M | 71.6M | 99.8M | 95.6M | 81.0M | 57.9M |
| Net Income | -33.4M | 64.7M | 73.4M | 146.0M | 214.0M | 295.0M | 253.0M | 224.0M | 175.0M |
| Net Margin % | -2.3% | 4.0% | 7.4% | 16.0% | 25.1% | 23.7% | 19.7% | 19.5% | 15.9% |
| Net Income Attributable | -29.1M | 57.6M | 76.7M | 147.0M | 214.0M | 295.0M | 254.0M | 226.0M | 175.0M |
| Minority Interest | -4.3M | 7.1M | -3.3M | -1.4M | -252,400 | -530,600 | -438,900 | -1.6M | -- |
| Eps Basic | -0.05 | 0.10 | 0.18 | 0.34 | 0.56 | 0.82 | 0.71 | 1.10 | 3.49 |
| Eps Diluted | -0.05 | 0.10 | 0.18 | 0.34 | 0.56 | 0.82 | 0.71 | 1.10 | 3.49 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 245.0M | 499.0M | 680.0M | 1.1B | 1.0B | 1.1B | 833.0M | 536.0M | 331.0M |
| Trading Financial Assets | 155.0M | 84.0M | 40.4M | 466.0M | 820.0M | -- | -- | -- | -- |
| Accounts Receivable | 90.3M | 136.0M | 146.0M | 7.4M | 1.4M | 416,200 | 248,000 | 67,600 | 174,400 |
| Notes Receivable | -- | 506,800 | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 90.3M | 137.0M | 146.0M | 7.4M | 1.4M | 416,200 | 248,000 | 67,600 | 174,400 |
| Prepayments | 138.0M | 91.4M | 64.0M | 6.0M | 1.8M | 2.2M | 2.2M | 17.8M | 10.6M |
| Inventory | 280.0M | 207.0M | 172.0M | 77.3M | 40.5M | 64.2M | 56.4M | 47.0M | 32.6M |
| Total Current Assets | 1.1B | 1.2B | 1.3B | 1.7B | 1.9B | 1.1B | 905.0M | 632.0M | 398.0M |
| Fixed Assets | -- | 633.0M | 191.0M | 398.0M | 134.0M | 144.0M | 146.0M | 156.0M | -- |
| Fixed Assets Total | 765.0M | 633.0M | 191.0M | 398.0M | 134.0M | 144.0M | 146.0M | 156.0M | 60.9M |
| Construction In Progress | -- | 173.0M | 437.0M | 72.4M | 7.3M | -- | 3.3M | 863,300 | -- |
| Construction In Progress Total | 48.7M | 173.0M | 437.0M | 72.4M | 7.3M | -- | 3.3M | 863,300 | 14.9M |
| Intangible Assets | 148.0M | 171.0M | 80.5M | 84.7M | 45.4M | 49.5M | 38.3M | 46.1M | 16.1M |
| Long Term Deferred Expenses | 3.8M | 4.9M | 3.1M | 3.3M | 3.1M | 3.5M | 3.6M | 4.0M | -- |
| Total Non Current Assets | 1.2B | 1.3B | 1.1B | 628.0M | 261.0M | 200.0M | 194.0M | 210.0M | 95.3M |
| Total Assets | 2.3B | 2.5B | 2.4B | 2.3B | 2.2B | 1.3B | 1.1B | 842.0M | 494.0M |
| Short Term Borrowings | -- | -- | -- | 1.2M | -- | -- | -- | -- | -- |
| Accounts Payable | 199.0M | 154.0M | 208.0M | 116.0M | 71.8M | 180.0M | 97.3M | 62.5M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 153.0M | 204.0M | 172.0M | 95.0M |
| Contract Liabilities | 160.0M | 219.0M | 139.0M | 141.0M | 106.0M | -- | -- | -- | -- |
| Total Current Liabilities | 492.0M | 509.0M | 434.0M | 332.0M | 228.0M | 390.0M | 349.0M | 294.0M | 487.0M |
| Total Non Current Liabilities | 56.6M | 60.7M | 33.7M | 17.7M | 12.1M | 12.5M | 11.2M | 11.5M | 11.8M |
| Total Liabilities | 549.0M | 570.0M | 468.0M | 350.0M | 240.0M | 402.0M | 361.0M | 306.0M | 499.0M |
| Paid In Capital | 600.0M | 430.0M | 430.0M | 430.0M | 430.0M | 360.0M | 360.0M | 360.0M | 50.0M |
| Capital Reserve | 697.0M | 868.0M | 867.0M | 867.0M | 868.0M | 54.7M | 46.2M | 18.6M | -- |
| Surplus Reserve | 116.0M | 114.0M | 106.0M | 92.6M | 78.0M | 56.2M | 31.3M | 8.7M | 1.8M |
| Retained Earnings | 451.0M | 525.0M | 518.0M | 549.0M | 555.0M | 471.0M | 301.0M | 149.0M | -57.3M |
| Minority Equity | -8.1M | -3.8M | 4.5M | 7.7M | 414,700 | 574,600 | 105,300 | 544,100 | -- |
| Equity Attributable | 1.8B | 1.9B | 1.9B | 1.9B | 1.9B | 942.0M | 738.0M | 536.0M | -5.6M |
| Total Equity | 1.8B | 1.9B | 1.9B | 1.9B | 1.9B | 942.0M | 739.0M | 537.0M | -5.6M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.6B | 1.9B | 1.2B | 1.2B | 928.0M | 1.4B | 1.5B | 1.4B | 1.2B |
| Tax Refunds Received | 12.5M | 20.5M | 9.4M | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.6B | 2.0B | 1.3B | 1.3B | 997.0M | 1.4B | 1.6B | 1.4B | 1.2B |
| Cash Paid For Goods | 1.1B | 1.4B | 1.1B | 726.0M | 561.0M | 553.0M | 668.0M | 682.0M | 661.0M |
| Cash Paid To Employees | 250.0M | 225.0M | 155.0M | 125.0M | 92.2M | 88.3M | 81.9M | 50.3M | 42.8M |
| Taxes Paid | 52.6M | 72.5M | 101.0M | 109.0M | 154.0M | 197.0M | 202.0M | 158.0M | 164.0M |
| Total Operating Cash Outflow | 1.6B | 1.9B | 1.5B | 1.1B | 916.0M | 1.1B | 1.2B | 1.2B | 1.1B |
| Operating Cash Flow | 32.6M | 85.8M | -284.0M | 180.0M | 81.7M | 353.0M | 392.0M | 282.0M | 82.7M |
| Total Investing Cash Inflow | 163.0M | 757.0M | 2.1B | 1.4B | 989,100 | -- | 203,000 | -- | -- |
| Total Investing Cash Outflow | 288.0M | 1.0B | 2.2B | 1.4B | 902.0M | 23.8M | 16.6M | 125.0M | 17.3M |
| Investing Cash Flow | -126.0M | -250.0M | -30.1M | 22.8M | -901.0M | -23.8M | -16.4M | -125.0M | -17.3M |
| Dividends And Interest Paid | 42.6M | 42.9M | 94.7M | 138.0M | 108.0M | 101.0M | 79.1M | -- | -- |
| Debt Repayments | -- | -- | 1.2M | 10.6M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 22.3M | 11.1M | 10.0M | -- | 900.0M | 1.0M | -- | 1.2B | 2.0B |
| Total Financing Cash Outflow | 164.0M | 55.1M | 97.3M | 152.0M | 124.0M | 101.0M | 79.1M | 1.1B | 2.0B |
| Financing Cash Flow | -142.0M | -44.1M | -87.3M | -152.0M | 776.0M | -99.6M | -79.1M | 47.1M | -24.0M |
| Net Change In Cash | -234.0M | -208.0M | -402.0M | 51.1M | -43.6M | 230.0M | 296.0M | 204.0M | 41.5M |
| Ending Cash Balance | 225.0M | 460.0M | 667.0M | 1.1B | 1.0B | 1.1B | 832.0M | 535.0M | 331.0M |
| Capex | 88.4M | 179.0M | 152.0M | 340.0M | 82.1M | 23.8M | 16.6M | 125.0M | 17.3M |