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 | 284.0M | 332.0M | 204.0M | 396.0M | 314.0M |
| Revenue Growth % | -14.5% | 62.7% | -48.5% | 26.1% | -- |
| Total Revenue | 284.0M | 332.0M | 204.0M | 396.0M | 314.0M |
| Cost Of Revenue | 237.0M | 236.0M | 119.0M | 228.0M | 150.0M |
| Gross Profit | 47.0M | 96.0M | 85.0M | 168.0M | 164.0M |
| Gross Margin % | 16.5% | 28.9% | 41.7% | 42.4% | 52.2% |
| Total Operating Cost | 343.0M | 355.0M | 236.0M | 338.0M | 241.0M |
| Selling Expenses | 10.6M | 9.3M | 4.1M | 15.2M | 13.6M |
| Admin Expenses | 30.4M | 38.4M | 46.0M | 37.8M | 29.8M |
| Rd Expenses | 21.9M | 35.4M | 36.7M | 37.4M | 35.1M |
| Finance Expenses | 9.1M | 8.1M | 3.0M | 6.3M | 4.9M |
| Operating Income | -47.5M | -15.2M | -19.0M | 70.8M | 81.3M |
| Operating Margin % | -16.7% | -4.6% | -9.3% | 17.9% | 25.9% |
| Non Operating Income | 155,800 | 633,900 | 720,300 | 93,800 | 4.2M |
| Non Operating Expenses | 937,200 | 49,500 | 853,600 | 2.3M | 264,600 |
| Investment Income | 2.2M | 1.8M | 466,100 | 1.2M | 651,800 |
| Fair Value Change Income | 342,000 | -- | 71,700 | 73,300 | 4.8M |
| Asset Disposal Income | 611,500 | -14,800 | -26,700 | -388,100 | -209,300 |
| Asset Impairment Loss | 29.1M | 20.5M | 32.5M | 5.2M | 1.8M |
| Other Income | 8.1M | 6.1M | 12.5M | 11.9M | 3.4M |
| Income Before Tax | -48.3M | -14.6M | -19.1M | 68.7M | 85.2M |
| Income Tax | -75,600 | -4.2M | -6.5M | 6.9M | 6.8M |
| Net Income | -48.2M | -10.4M | -12.6M | 61.8M | 78.4M |
| Net Margin % | -17.0% | -3.1% | -6.2% | 15.6% | 25.0% |
| Net Income Attributable | -44.0M | -7.9M | -7.8M | 65.8M | 80.0M |
| Minority Interest | -4.2M | -2.4M | -4.8M | -4.0M | -1.7M |
| Eps Basic | -0.59 | -0.10 | -0.10 | 0.85 | 1.04 |
| Eps Diluted | -0.59 | -0.10 | -0.10 | 0.85 | 1.04 |
| 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 | 49.7M | 105.0M | 221.0M | 297.0M | 261.0M |
| Trading Financial Assets | -- | -- | -- | 7.1M | 167.0M |
| Accounts Receivable | 119.0M | 119.0M | 84.5M | 179.0M | 116.0M |
| Notes Receivable | 15.8M | 71.4M | 16.2M | 45.8M | 107.0M |
| Notes And Accounts Receivable | 135.0M | 190.0M | 101.0M | 225.0M | 223.0M |
| Prepayments | 6.2M | 9.5M | 11.9M | 12.8M | 4.5M |
| Inventory | 238.0M | 312.0M | 304.0M | 229.0M | 180.0M |
| Total Current Assets | 456.0M | 699.0M | 697.0M | 848.0M | 847.0M |
| Long Term Equity Investment | 4.3M | -- | -- | -- | -- |
| Fixed Assets | -- | 595.0M | 473.0M | 329.0M | 259.0M |
| Fixed Assets Total | 544.0M | 595.0M | 473.0M | 329.0M | 259.0M |
| Construction In Progress | -- | 70.2M | 158.0M | 139.0M | 51.3M |
| Construction In Progress Total | 80.3M | 70.2M | 158.0M | 139.0M | 51.3M |
| Intangible Assets | 56.8M | 58.7M | 58.2M | 44.5M | 32.6M |
| Long Term Deferred Expenses | 527,100 | 816,900 | 580,400 | 214,800 | 20,800 |
| Total Non Current Assets | 734.0M | 781.0M | 743.0M | 583.0M | 371.0M |
| Total Assets | 1.2B | 1.5B | 1.4B | 1.4B | 1.2B |
| Short Term Borrowings | 84.1M | 222.0M | 209.0M | 188.0M | 121.0M |
| Accounts Payable | 37.1M | 44.8M | 41.6M | 61.7M | 52.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.4M | 2.7M | 7.5M | 15.2M | 18.0M |
| Total Current Liabilities | 192.0M | 400.0M | 345.0M | 434.0M | 267.0M |
| Long Term Borrowings | 94.6M | 112.0M | 118.0M | 10.0M | 10.0M |
| Total Non Current Liabilities | 135.0M | 153.0M | 163.0M | 43.6M | 34.5M |
| Total Liabilities | 327.0M | 554.0M | 508.0M | 477.0M | 301.0M |
| Paid In Capital | 76.4M | 77.3M | 77.3M | 77.3M | 77.3M |
| Capital Reserve | 614.0M | 628.0M | 624.0M | 613.0M | 613.0M |
| Surplus Reserve | 30.7M | 30.7M | 30.7M | 30.7M | 24.1M |
| Retained Earnings | 136.0M | 180.0M | 188.0M | 216.0M | 182.0M |
| Minority Equity | 5.6M | 9.8M | 12.3M | 17.0M | 21.1M |
| Equity Attributable | 858.0M | 916.0M | 921.0M | 937.0M | 896.0M |
| Total Equity | 863.0M | 926.0M | 933.0M | 954.0M | 917.0M |
| 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 | 310.0M | 237.0M | 280.0M | 313.0M | 239.0M |
| Tax Refunds Received | 1.5M | 10.3M | 31.1M | 7.9M | 952,400 |
| Total Operating Cash Inflow | 317.0M | 258.0M | 338.0M | 346.0M | 251.0M |
| Cash Paid For Goods | 112.0M | 125.0M | 141.0M | 120.0M | 89.0M |
| Cash Paid To Employees | 61.0M | 67.5M | 72.2M | 72.6M | 47.9M |
| Taxes Paid | 14.5M | 14.9M | 16.2M | 22.0M | 24.7M |
| Total Operating Cash Outflow | 214.0M | 250.0M | 266.0M | 264.0M | 217.0M |
| Operating Cash Flow | 102.0M | 7.4M | 71.9M | 82.7M | 33.5M |
| Total Investing Cash Inflow | 304.0M | 163.0M | 110.0M | 257.0M | 138.0M |
| Total Investing Cash Outflow | 265.0M | 274.0M | 320.0M | 394.0M | 391.0M |
| Investing Cash Flow | 38.9M | -112.0M | -209.0M | -137.0M | -254.0M |
| Cash From Borrowings | 123.0M | 303.0M | 363.0M | 188.0M | 185.0M |
| Dividends And Interest Paid | 12.5M | 14.1M | 32.1M | 32.6M | 21.5M |
| Debt Repayments | 270.0M | 282.0M | 217.0M | 121.0M | 165.0M |
| Total Financing Cash Inflow | 123.0M | 303.0M | 363.0M | 188.0M | 187.0M |
| Total Financing Cash Outflow | 295.0M | 302.0M | 251.0M | 154.0M | 186.0M |
| Financing Cash Flow | -172.0M | 850,600 | 112.0M | 34.1M | 520,400 |
| Net Change In Cash | -28.8M | -101.0M | -20.8M | -21.6M | -218.0M |
| Ending Cash Balance | 49.5M | 78.3M | 180.0M | 200.0M | 222.0M |
| Capex | 19.5M | 89.9M | 242.0M | 236.0M | 91.5M |