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 | 318.0M | 179.0M | 355.0M | 308.0M | 279.0M |
| Revenue Growth % | 77.7% | -49.6% | 15.3% | 10.4% | -- |
| Total Revenue | 318.0M | 179.0M | 355.0M | 308.0M | 279.0M |
| Cost Of Revenue | 121.0M | 81.7M | 108.0M | 84.2M | 75.6M |
| Gross Profit | 197.0M | 97.3M | 247.0M | 223.8M | 203.4M |
| Gross Margin % | 61.9% | 54.3% | 69.6% | 72.7% | 72.9% |
| Total Operating Cost | 373.0M | 301.0M | 363.0M | 255.0M | 240.0M |
| Selling Expenses | 22.6M | 27.7M | 35.2M | 37.4M | 28.0M |
| Admin Expenses | 71.5M | 80.9M | 82.6M | 50.1M | 38.0M |
| Rd Expenses | 72.3M | 86.0M | 75.7M | 51.7M | 63.6M |
| Finance Expenses | -757,900 | -12.5M | 23.6M | 9.5M | 5.4M |
| Operating Income | -37.5M | -79.4M | 27.9M | 83.7M | 79.6M |
| Operating Margin % | -11.8% | -44.3% | 7.9% | 27.2% | 28.5% |
| Non Operating Income | 340,900 | 22.6M | 82,600 | 142,000 | 40,100 |
| Non Operating Expenses | 454,900 | 1.1M | 1.9M | 863,000 | 1.0M |
| Investment Income | 1.6M | 3.2M | -- | -- | 130,400 |
| Fair Value Change Income | 8.1M | 963,500 | -- | -- | -- |
| Asset Disposal Income | 1.1M | 1.8M | 863,300 | -85,400 | -- |
| Asset Impairment Loss | 27.5M | 20.4M | 11.4M | 8.9M | 7.8M |
| Other Income | 6.4M | 37.5M | 35.2M | 30.8M | 41.2M |
| Income Before Tax | -37.6M | -57.9M | 26.1M | 83.0M | 78.6M |
| Income Tax | 173,600 | -6.3M | -8.5M | 1.8M | 5.9M |
| Net Income | -37.8M | -51.6M | 34.6M | 81.2M | 72.8M |
| Net Margin % | -11.9% | -28.8% | 9.7% | 26.4% | 26.1% |
| Net Income Attributable | -36.6M | -50.5M | 35.8M | 79.3M | 71.1M |
| Minority Interest | -1.1M | -1.0M | -1.2M | 1.9M | 1.7M |
| Eps Basic | -0.24 | -0.33 | 0.29 | 0.69 | 0.62 |
| Eps Diluted | -0.24 | -0.33 | 0.29 | 0.69 | 0.62 |
| 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 | 229.0M | 239.0M | 647.0M | 94.9M | 128.0M |
| Trading Financial Assets | 327.0M | 364.0M | -- | -- | -- |
| Accounts Receivable | 296.0M | 297.0M | 406.0M | 325.0M | 352.0M |
| Notes Receivable | 13.7M | 7.8M | 9.6M | 38.8M | 35.3M |
| Notes And Accounts Receivable | 310.0M | 305.0M | 416.0M | 364.0M | 388.0M |
| Prepayments | 2.1M | 1.1M | 7.6M | 9.0M | 5.6M |
| Inventory | 79.4M | 160.0M | 118.0M | 84.7M | 64.9M |
| Total Current Assets | 988.0M | 1.1B | 1.2B | 647.0M | 644.0M |
| Fixed Assets | -- | 488.0M | 582.0M | 576.0M | 11.4M |
| Fixed Assets Total | 518.0M | 488.0M | 582.0M | 576.0M | 11.4M |
| Construction In Progress | -- | 3.5M | 1.6M | 53.1M | 377.0M |
| Construction In Progress Total | 775,500 | 3.5M | 1.6M | 53.1M | 377.0M |
| Intangible Assets | 82.5M | 89.2M | 93.1M | 97.7M | 102.0M |
| Long Term Deferred Expenses | 4.7M | 5.1M | 5.7M | 450,200 | 551,300 |
| Total Non Current Assets | 724.0M | 767.0M | 786.0M | 785.0M | 524.0M |
| Total Assets | 1.7B | 1.9B | 2.0B | 1.4B | 1.2B |
| Short Term Borrowings | 12.0M | 69.2M | 127.0M | 89.5M | 102.0M |
| Accounts Payable | 59.3M | 85.5M | 134.0M | 199.0M | 183.0M |
| Advance Receipts | 3.1M | 6.3M | 3.8M | 319,800 | 529,800 |
| Contract Liabilities | 44.3M | 65.2M | 9.6M | 11.6M | 13.3M |
| Total Current Liabilities | 194.0M | 292.0M | 388.0M | 408.0M | 419.0M |
| Long Term Borrowings | -- | -- | 18.0M | 433.0M | 240.0M |
| Total Non Current Liabilities | 61.6M | 66.1M | 60.9M | 453.0M | 260.0M |
| Total Liabilities | 255.0M | 358.0M | 449.0M | 861.0M | 679.0M |
| Paid In Capital | 152.0M | 152.0M | 152.0M | 114.0M | 114.0M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 585.0M | 585.0M |
| Surplus Reserve | 199,700 | 199,700 | 199,700 | 199,700 | 199,700 |
| Retained Earnings | -185.0M | -148.0M | -97.6M | -133.0M | -213.0M |
| Minority Equity | 919,100 | 2.1M | 3.1M | 4.3M | 2.4M |
| Equity Attributable | 1.5B | 1.5B | 1.6B | 566.0M | 486.0M |
| Total Equity | 1.5B | 1.5B | 1.6B | 570.0M | 489.0M |
| 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 | 308.0M | 362.0M | 286.0M | 343.0M | 199.0M |
| Tax Refunds Received | 4.1M | -- | 33.0M | -- | -- |
| Total Operating Cash Inflow | 320.0M | 461.0M | 369.0M | 377.0M | 236.0M |
| Cash Paid For Goods | 105.0M | 167.0M | 138.0M | 106.0M | 83.4M |
| Cash Paid To Employees | 111.0M | 127.0M | 118.0M | 113.0M | 86.5M |
| Taxes Paid | 18.4M | 11.0M | 10.8M | 13.2M | 13.4M |
| Total Operating Cash Outflow | 277.0M | 367.0M | 307.0M | 307.0M | 244.0M |
| Operating Cash Flow | 42.5M | 94.6M | 61.1M | 70.2M | -8.3M |
| Total Investing Cash Inflow | 485.0M | 652.0M | 7.2M | 30,000 | 120.0M |
| Total Investing Cash Outflow | 442.0M | 1.1B | 121.0M | 272.0M | 330.0M |
| Investing Cash Flow | 42.7M | -398.0M | -113.0M | -272.0M | -210.0M |
| Cash From Borrowings | 12.0M | 69.2M | 226.0M | 293.0M | 342.0M |
| Dividends And Interest Paid | 1.4M | 3.5M | 25.0M | 22.4M | 11.5M |
| Debt Repayments | 69.2M | 145.0M | 573.0M | 110.0M | 105.0M |
| Total Financing Cash Inflow | 12.0M | 69.2M | 1.2B | 293.0M | 343.0M |
| Total Financing Cash Outflow | 107.0M | 151.0M | 629.0M | 141.0M | 127.0M |
| Financing Cash Flow | -95.3M | -82.1M | 605.0M | 152.0M | 216.0M |
| Net Change In Cash | -10.0M | -386.0M | 552.0M | -49.7M | -1.5M |
| Ending Cash Balance | 229.0M | 239.0M | 625.0M | 72.4M | 122.0M |
| Capex | 15.7M | 50.4M | 121.0M | 272.0M | 210.0M |