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 | 331.0M | 220.0M | 314.0M | 262.0M | 215.0M |
| Revenue Growth % | 50.5% | -29.9% | 19.8% | 21.9% | -- |
| Total Revenue | 331.0M | 220.0M | 314.0M | 262.0M | 215.0M |
| Cost Of Revenue | 183.0M | 105.0M | 144.0M | 102.0M | 92.9M |
| Gross Profit | 148.0M | 115.0M | 170.0M | 160.0M | 122.1M |
| Gross Margin % | 44.7% | 52.3% | 54.1% | 61.1% | 56.8% |
| Total Operating Cost | 326.0M | 229.0M | 237.0M | 181.0M | 156.0M |
| Selling Expenses | 19.7M | 17.5M | 16.5M | 12.0M | 8.9M |
| Admin Expenses | 67.9M | 63.9M | 43.2M | 40.0M | 30.1M |
| Rd Expenses | 33.9M | 33.6M | 25.2M | 18.4M | 13.4M |
| Finance Expenses | -809,600 | -2.9M | -392,500 | 14,300 | 1.3M |
| Operating Income | 26.1M | 19.2M | 87.7M | 87.9M | 62.8M |
| Operating Margin % | 7.9% | 8.7% | 27.9% | 33.6% | 29.2% |
| Non Operating Income | 816,500 | 536,500 | 375,900 | 237,200 | 239,500 |
| Non Operating Expenses | 10.8M | 5.7M | 8,000 | 103,800 | 97,700 |
| Investment Income | 6.9M | 5.3M | 225,800 | 132,000 | 468,900 |
| Fair Value Change Income | 5.2M | 8.6M | -- | -- | -- |
| Asset Disposal Income | -- | -- | 728,200 | 3,000 | -- |
| Asset Impairment Loss | 631,200 | 628,000 | 260,000 | 470,100 | 189,800 |
| Other Income | 9.4M | 14.4M | 10.1M | 7.0M | 2.8M |
| Income Before Tax | 16.2M | 14.1M | 88.1M | 88.1M | 63.0M |
| Income Tax | -596,300 | -1.5M | 7.0M | 11.5M | 9.0M |
| Net Income | 16.8M | 15.6M | 81.1M | 76.6M | 53.9M |
| Net Margin % | 5.1% | 7.1% | 25.8% | 29.2% | 25.1% |
| Net Income Attributable | 17.9M | 15.6M | 80.7M | 76.6M | 54.1M |
| Minority Interest | -1.2M | 69,600 | 395,700 | -21,900 | -168,300 |
| Eps Basic | 0.15 | 0.13 | 0.88 | 1.08 | 0.80 |
| Eps Diluted | 0.15 | 0.13 | 0.88 | 1.08 | 0.80 |
| 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 | 237.0M | 215.0M | 828.0M | 95.4M | 81.0M |
| Trading Financial Assets | 283.0M | 512.0M | -- | -- | -- |
| Accounts Receivable | 369.0M | 253.0M | 234.0M | 176.0M | 151.0M |
| Notes Receivable | 35.3M | 34.2M | 70.1M | 55.4M | 45.3M |
| Notes And Accounts Receivable | 404.0M | 287.0M | 304.0M | 232.0M | 196.0M |
| Prepayments | 5.3M | 4.9M | 13.8M | 4.6M | 3.0M |
| Inventory | 73.6M | 64.0M | 46.9M | 33.0M | 17.9M |
| Total Current Assets | 1.0B | 1.1B | 1.2B | 370.0M | 302.0M |
| Long Term Equity Investment | 7.1M | -- | -- | -- | -- |
| Fixed Assets | -- | 197.0M | 162.0M | 136.0M | 128.0M |
| Fixed Assets Total | 204.0M | 197.0M | 162.0M | 136.0M | 128.0M |
| Construction In Progress | -- | 28.3M | 1.6M | 11.4M | 7.0M |
| Construction In Progress Total | 200.0M | 28.3M | 1.6M | 11.4M | 7.0M |
| Intangible Assets | 23.6M | 14.7M | 14.6M | 14.8M | 15.2M |
| Long Term Deferred Expenses | 1.9M | 1.5M | 949,900 | 292,000 | 458,700 |
| Total Non Current Assets | 465.0M | 269.0M | 196.0M | 171.0M | 161.0M |
| Total Assets | 1.5B | 1.4B | 1.4B | 542.0M | 464.0M |
| Short Term Borrowings | 37.3M | 5.0M | 12.0M | 43.0M | 69.0M |
| Accounts Payable | 123.0M | 43.8M | 31.5M | 13.7M | 9.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.4M | 8.5M | 5.0M | 1.6M | 1.1M |
| Total Current Liabilities | 258.0M | 110.0M | 115.0M | 107.0M | 112.0M |
| Long Term Borrowings | 17.4M | 9.6M | 10.0M | -- | -- |
| Total Non Current Liabilities | 48.0M | 34.2M | 37.2M | 15.4M | 13.1M |
| Total Liabilities | 306.0M | 144.0M | 153.0M | 123.0M | 125.0M |
| Paid In Capital | 122.0M | 123.0M | 94.1M | 70.6M | 70.6M |
| Capital Reserve | 912.0M | 914.0M | 935.0M | 204.0M | 204.0M |
| Surplus Reserve | 34.0M | 32.7M | 31.9M | 20.3M | 9.0M |
| Retained Earnings | 173.0M | 156.0M | 189.0M | 119.0M | 54.2M |
| Minority Equity | 11.4M | 9.9M | 4.1M | 4.9M | 1.1M |
| Equity Attributable | 1.2B | 1.2B | 1.2B | 414.0M | 337.0M |
| Total Equity | 1.2B | 1.2B | 1.3B | 419.0M | 338.0M |
| 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 | 220.0M | 243.0M | 242.0M | 237.0M | 143.0M |
| Tax Refunds Received | 2.4M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 242.0M | 262.0M | 265.0M | 249.0M | 148.0M |
| Cash Paid For Goods | 126.0M | 77.8M | 91.2M | 67.9M | 66.7M |
| Cash Paid To Employees | 107.0M | 101.0M | 91.7M | 71.8M | 44.5M |
| Taxes Paid | 8.8M | 24.8M | 18.4M | 29.5M | 26.1M |
| Total Operating Cash Outflow | 275.0M | 241.0M | 232.0M | 190.0M | 151.0M |
| Operating Cash Flow | -33.6M | 20.6M | 33.0M | 58.8M | -2.7M |
| Total Investing Cash Inflow | 3.0B | 2.1B | 33.7M | 8.6M | 37.4M |
| Total Investing Cash Outflow | 2.9B | 2.7B | 69.6M | 27.2M | 36.7M |
| Investing Cash Flow | 83.2M | -583.0M | -35.9M | -18.5M | 717,700 |
| Cash From Borrowings | 56.7M | 5.0M | 32.0M | 43.0M | 69.0M |
| Dividends And Interest Paid | 1.2M | 47.8M | 1.6M | 3.2M | 35.5M |
| Debt Repayments | 7.4M | 12.4M | 53.0M | 69.0M | 56.5M |
| Total Financing Cash Inflow | 60.7M | 29.0M | 812.0M | 51.8M | 107.0M |
| Total Financing Cash Outflow | 109.0M | 70.2M | 86.9M | 77.4M | 96.9M |
| Financing Cash Flow | -47.9M | -41.2M | 725.0M | -25.6M | 10.1M |
| Net Change In Cash | 1.8M | -603.0M | 723.0M | 14.7M | 8.1M |
| Ending Cash Balance | 209.0M | 207.0M | 810.0M | 87.6M | 72.9M |
| Capex | 155.0M | 84.8M | 36.1M | 18.7M | 14.8M |