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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 474.0M | 302.0M | 287.0M | 250.0M | 272.0M | 211.0M | 117.0M | 103.0M |
| Revenue Growth % | 57.0% | 5.2% | 14.8% | -8.1% | 28.9% | 80.3% | 13.6% | -- |
| Total Revenue | 474.0M | 302.0M | 287.0M | 250.0M | 272.0M | 211.0M | 117.0M | 103.0M |
| Cost Of Revenue | 274.0M | 175.0M | 176.0M | 142.0M | 122.0M | 91.7M | 42.0M | 30.0M |
| Gross Profit | 200.0M | 127.0M | 111.0M | 108.0M | 150.0M | 119.3M | 75.0M | 73.0M |
| Gross Margin % | 42.2% | 42.1% | 38.7% | 43.2% | 55.1% | 56.6% | 64.1% | 70.9% |
| Total Operating Cost | 513.0M | 383.0M | 331.0M | 299.0M | 241.0M | 176.0M | 101.0M | 89.7M |
| Selling Expenses | 110.0M | 97.3M | 78.7M | 70.7M | 52.5M | 38.3M | 25.0M | 12.4M |
| Admin Expenses | 57.6M | 50.1M | 37.5M | 41.3M | 32.0M | 21.1M | 15.3M | 35.9M |
| Rd Expenses | 42.9M | 38.4M | 25.7M | 36.1M | 27.9M | 20.0M | 16.1M | 9.2M |
| Finance Expenses | 5.0M | 2.2M | -251,900 | -889,000 | 827,100 | -66,500 | 190,100 | -64,900 |
| Operating Income | -29.2M | -65.0M | -28.9M | -31.5M | 45.7M | 48.5M | 27.2M | 19.5M |
| Operating Margin % | -6.2% | -21.5% | -10.1% | -12.6% | 16.8% | 23.0% | 23.2% | 18.9% |
| Non Operating Income | 266,800 | 9.3M | 114,400 | 3.6M | 2.1M | 166,000 | 166,100 | 11,900 |
| Non Operating Expenses | 3.6M | 7.6M | 3.9M | 2.9M | 4.3M | 854,300 | 1.0M | 260,800 |
| Investment Income | -2.2M | 808,700 | 3.8M | 6.1M | 2.2M | 5.2M | 1.6M | 820,300 |
| Fair Value Change Income | 129,800 | 180,800 | -8,100 | 44,500 | 3,700 | -- | -- | -- |
| Asset Disposal Income | 873,800 | 883,800 | 1.2M | -811,500 | 500,800 | 103,200 | -- | -- |
| Asset Impairment Loss | 10.7M | 12.0M | 7.7M | 3.4M | 1.6M | 675,000 | 1.5M | 480,800 |
| Other Income | 11.3M | 14.1M | 10.2M | 12.0M | 12.3M | 8.2M | 10.3M | 5.0M |
| Income Before Tax | -32.5M | -63.3M | -32.8M | -30.8M | 43.5M | 47.8M | 26.3M | 19.3M |
| Income Tax | 4.2M | 1.6M | -6.6M | -8.4M | 3.6M | 5.6M | 2.4M | 5.7M |
| Net Income | -36.7M | -64.9M | -26.2M | -22.4M | 39.9M | 42.3M | 23.9M | 13.6M |
| Net Margin % | -7.8% | -21.5% | -9.1% | -9.0% | 14.7% | 20.0% | 20.5% | 13.2% |
| Net Income Attributable | -35.8M | -64.5M | -26.1M | -22.9M | 41.0M | 39.1M | 24.2M | 13.6M |
| Minority Interest | -946,200 | -369,500 | -144,800 | 539,400 | -1.0M | 3.1M | -250,600 | -- |
| Eps Basic | -0.41 | -0.74 | -0.30 | -0.27 | 0.62 | 0.60 | 0.40 | 0.24 |
| Eps Diluted | -0.41 | -0.74 | -0.30 | -0.27 | 0.62 | 0.60 | 0.40 | 0.24 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 191.0M | 188.0M | 207.0M | 302.0M | 124.0M | 201.0M | 55.6M | 65.1M |
| Trading Financial Assets | 45.3M | 30.2M | 40.0M | 67.0M | 41.0M | -- | -- | -- |
| Accounts Receivable | 164.0M | 110.0M | 115.0M | 105.0M | 67.1M | 46.6M | 19.4M | 11.2M |
| Notes Receivable | 180,500 | 5.0M | 738,700 | 3.6M | -- | 1.9M | 2.1M | 96,800 |
| Notes And Accounts Receivable | 164.0M | 115.0M | 116.0M | 109.0M | 67.1M | 48.5M | 21.4M | 11.3M |
| Prepayments | 11.5M | 5.4M | 12.7M | 8.0M | 10.5M | 8.8M | 2.3M | 2.0M |
| Inventory | 202.0M | 133.0M | 126.0M | 71.9M | 61.1M | 52.6M | 31.9M | 25.6M |
| Total Current Assets | 658.0M | 525.0M | 557.0M | 590.0M | 322.0M | 320.0M | 144.0M | 119.0M |
| Long Term Equity Investment | 2.4M | 7.2M | 1.7M | 4.9M | 4.8M | 4.4M | 4.1M | 2.0M |
| Fixed Assets | -- | 295.0M | 207.0M | 51.7M | 35.2M | 22.1M | 16.7M | 4.1M |
| Fixed Assets Total | 263.0M | 296.0M | 207.0M | 52.3M | 35.5M | 22.1M | 17.3M | 4.1M |
| Construction In Progress | -- | 47,200 | 90.8M | 149.0M | 37.7M | 8.4M | -- | -- |
| Construction In Progress Total | 47,200 | 47,200 | 90.8M | 149.0M | 37.7M | 8.4M | -- | -- |
| Intangible Assets | 82.3M | 25.1M | 19.7M | 14.8M | 11.3M | 7.3M | 161,300 | 43,500 |
| Long Term Deferred Expenses | 3.9M | 2.9M | 2.7M | 3.4M | 2.0M | 2.6M | 949,300 | 1.5M |
| Total Non Current Assets | 400.0M | 415.0M | 394.0M | 276.0M | 104.0M | 52.9M | 27.6M | 11.6M |
| Total Assets | 1.1B | 941.0M | 951.0M | 866.0M | 426.0M | 373.0M | 172.0M | 131.0M |
| Short Term Borrowings | 86.7M | 102.0M | 49.8M | 7.0M | 5.0M | 220,600 | 5.5M | -- |
| Accounts Payable | 143.0M | 59.3M | 111.0M | 79.5M | 29.1M | 21.8M | 7.7M | 6.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 32.7M | 12.5M | 6.7M |
| Contract Liabilities | 106.0M | 43.5M | 24.4M | 16.7M | 13.3M | -- | -- | -- |
| Total Current Liabilities | 431.0M | 296.0M | 245.0M | 145.0M | 84.3M | 92.3M | 42.2M | 30.5M |
| Long Term Borrowings | 40.0M | 19.0M | 9.5M | -- | 35.0M | -- | -- | -- |
| Total Non Current Liabilities | 55.8M | 37.2M | 33.7M | 22.6M | 50.6M | 11.4M | 6.7M | 2.6M |
| Total Liabilities | 487.0M | 334.0M | 279.0M | 168.0M | 135.0M | 104.0M | 48.9M | 33.2M |
| Paid In Capital | 87.6M | 87.6M | 87.6M | 87.6M | 65.7M | 65.7M | 60.0M | 30.0M |
| Capital Reserve | 568.0M | 568.0M | 568.0M | 567.0M | 142.0M | 147.0M | 49.0M | 32.3M |
| Surplus Reserve | 7.3M | 7.3M | 7.0M | 5.2M | 3.8M | 2.2M | 848,400 | 3.1M |
| Retained Earnings | -92.8M | -57.0M | 7.8M | 35.8M | 79.4M | 50.0M | 12.2M | 32.5M |
| Minority Equity | 573,700 | 1.5M | 2.3M | 2.4M | 10,900 | 4.0M | 874,400 | -- |
| Equity Attributable | 570.0M | 606.0M | 670.0M | 695.0M | 291.0M | 265.0M | 122.0M | 97.9M |
| Total Equity | 570.0M | 607.0M | 672.0M | 698.0M | 291.0M | 269.0M | 123.0M | 97.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 519.0M | 366.0M | 305.0M | 233.0M | 259.0M | 228.0M | 136.0M | 114.0M |
| Tax Refunds Received | 4.3M | 12.5M | 14.8M | 5.2M | 6.6M | 4.1M | 3.9M | 657,200 |
| Total Operating Cash Inflow | 560.0M | 420.0M | 346.0M | 280.0M | 309.0M | 252.0M | 151.0M | 121.0M |
| Cash Paid For Goods | 257.0M | 244.0M | 229.0M | 177.0M | 162.0M | 109.0M | 56.0M | 42.4M |
| Cash Paid To Employees | 114.0M | 103.0M | 101.0M | 89.1M | 66.7M | 45.4M | 31.0M | 16.2M |
| Taxes Paid | 18.1M | 19.1M | 26.9M | 20.7M | 22.4M | 18.4M | 22.2M | 18.8M |
| Total Operating Cash Outflow | 500.0M | 442.0M | 428.0M | 363.0M | 331.0M | 221.0M | 142.0M | 92.4M |
| Operating Cash Flow | 60.1M | -21.8M | -81.3M | -83.5M | -22.2M | 30.9M | 8.5M | 29.1M |
| Total Investing Cash Inflow | 149.0M | 244.0M | 632.0M | 1.1B | 512.0M | 665.0M | 199.0M | 40.3M |
| Total Investing Cash Outflow | 193.0M | 313.0M | 713.0M | 1.3B | 582.0M | 657.0M | 224.0M | 40.8M |
| Investing Cash Flow | -44.6M | -69.1M | -81.4M | -126.0M | -70.1M | 8.4M | -24.8M | -442,700 |
| Cash From Borrowings | 137.0M | 177.0M | 79.8M | 20.2M | 40.0M | 220,000 | 5.5M | -- |
| Dividends And Interest Paid | 5.7M | 4.2M | 1.2M | 19.7M | 11.1M | 58,000 | 131,500 | -- |
| Debt Repayments | 154.0M | 75.3M | 27.0M | 53.2M | 220,000 | 5.5M | -- | -- |
| Total Financing Cash Inflow | 137.0M | 179.0M | 79.8M | 487.0M | 40.3M | 104.0M | 6.6M | 9.0M |
| Total Financing Cash Outflow | 163.0M | 84.2M | 33.5M | 98.8M | 21.5M | 5.6M | 241,100 | -- |
| Financing Cash Flow | -26.2M | 94.5M | 46.3M | 388.0M | 18.8M | 98.5M | 6.4M | 9.0M |
| Net Change In Cash | -10.1M | 5.1M | -117.0M | 178.0M | -74.1M | 138.0M | -10.0M | 37.7M |
| Ending Cash Balance | 175.0M | 185.0M | 180.0M | 297.0M | 119.0M | 193.0M | 55.2M | 65.1M |
| Capex | 29.5M | 81.6M | 111.0M | 106.0M | 31.2M | 23.4M | 7.4M | 3.8M |