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 | 472.0M | 301.0M | 280.0M | 341.0M | 275.0M |
| Revenue Growth % | 56.8% | 7.5% | -17.9% | 24.0% | -- |
| Total Revenue | 472.0M | 301.0M | 280.0M | 341.0M | 275.0M |
| Cost Of Revenue | 155.0M | 128.0M | 115.0M | 121.0M | 110.0M |
| Gross Profit | 317.0M | 173.0M | 165.0M | 220.0M | 165.0M |
| Gross Margin % | 67.2% | 57.5% | 58.9% | 64.5% | 60.0% |
| Total Operating Cost | 309.0M | 244.0M | 198.0M | 232.0M | 198.0M |
| Selling Expenses | 12.6M | 10.1M | 11.2M | 7.7M | 6.3M |
| Admin Expenses | 55.8M | 49.8M | 46.7M | 44.9M | 38.5M |
| Rd Expenses | 64.7M | 50.4M | 35.8M | 39.5M | 29.5M |
| Finance Expenses | -2.2M | -5.5M | -8.9M | 3.1M | 4.8M |
| Operating Income | 186.0M | 81.0M | 105.0M | 120.0M | 82.7M |
| Operating Margin % | 39.4% | 26.9% | 37.5% | 35.2% | 30.1% |
| Non Operating Income | 3.3M | 2.4M | 13.5M | 4.0M | 162,100 |
| Non Operating Expenses | 467,200 | 836,500 | 412,000 | 37,600 | 579,800 |
| Investment Income | 4.2M | 3.7M | 1.6M | 1.7M | 1.3M |
| Fair Value Change Income | 10.8M | 14.5M | 16.2M | 804,600 | 667,300 |
| Asset Disposal Income | -- | 67,800 | -138,400 | -- | -- |
| Asset Impairment Loss | 11.6M | 4.9M | -2.7M | 11.6M | 3.9M |
| Other Income | 8.2M | 6.0M | 5.3M | 9.2M | 3.9M |
| Income Before Tax | 189.0M | 82.6M | 118.0M | 124.0M | 82.3M |
| Income Tax | 21.4M | 5.5M | 12.5M | 16.5M | 11.9M |
| Net Income | 167.0M | 77.0M | 105.0M | 108.0M | 70.4M |
| Net Margin % | 35.4% | 25.6% | 37.5% | 31.7% | 25.6% |
| Net Income Attributable | 167.0M | 77.0M | 105.0M | 108.0M | 70.7M |
| Minority Interest | -- | -- | -- | -- | -256,600 |
| Eps Basic | 0.42 | 0.19 | 0.27 | 0.30 | 0.20 |
| Eps Diluted | 0.42 | 0.19 | 0.27 | 0.30 | 0.20 |
| 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 | 583.0M | 206.0M | 326.0M | 182.0M | 65.1M |
| Trading Financial Assets | 482.0M | 693.0M | 749.0M | 57.4M | 80.7M |
| Accounts Receivable | 133.0M | 105.0M | 72.9M | 126.0M | 104.0M |
| Notes Receivable | 220,000 | -- | 3.1M | 700,000 | 9.6M |
| Notes And Accounts Receivable | 133.0M | 105.0M | 76.0M | 127.0M | 114.0M |
| Prepayments | 3.9M | 8.0M | 3.5M | 2.9M | 1.2M |
| Inventory | 85.9M | 97.4M | 74.0M | 42.4M | 46.9M |
| Total Current Assets | 1.3B | 1.1B | 1.2B | 436.0M | 346.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 429.0M | 311.0M | 324.0M | 258.0M |
| Fixed Assets Total | 661.0M | 429.0M | 311.0M | 324.0M | 258.0M |
| Construction In Progress | -- | 225.0M | 263.0M | 174.0M | 98.4M |
| Construction In Progress Total | 78.0M | 225.0M | 263.0M | 174.0M | 98.4M |
| Intangible Assets | 52.7M | 59.2M | 69.4M | 78.5M | 84.5M |
| Long Term Deferred Expenses | 27.2M | 6.9M | 7.7M | 9.7M | 11.7M |
| Total Non Current Assets | 822.0M | 815.0M | 666.0M | 593.0M | 464.0M |
| Total Assets | 2.1B | 1.9B | 1.9B | 1.0B | 810.0M |
| Short Term Borrowings | 53.0M | -- | -- | 10.0M | -- |
| Accounts Payable | 73.8M | 65.5M | 73.2M | 77.6M | 68.0M |
| Advance Receipts | 239,600 | 1.4M | -- | -- | -- |
| Contract Liabilities | -- | 53,100 | 5,300 | 350,600 | 354,000 |
| Total Current Liabilities | 188.0M | 115.0M | 121.0M | 130.0M | 92.8M |
| Long Term Borrowings | 121.0M | 116.0M | 87.5M | 75.8M | 15.3M |
| Total Non Current Liabilities | 146.0M | 131.0M | 102.0M | 89.5M | 20.2M |
| Total Liabilities | 334.0M | 246.0M | 223.0M | 220.0M | 113.0M |
| Paid In Capital | 402.0M | 402.0M | 402.0M | 362.0M | 362.0M |
| Capital Reserve | 1.0B | 1.0B | 997.0M | 226.0M | 222.0M |
| Surplus Reserve | 30.5M | 21.5M | 20.3M | 18.8M | 14.7M |
| Retained Earnings | 387.0M | 301.0M | 266.0M | 202.0M | 98.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 1.8B | 1.7B | 1.7B | 809.0M | 697.0M |
| Total Equity | 1.8B | 1.7B | 1.7B | 809.0M | 697.0M |
| 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 | 482.0M | 305.0M | 358.0M | 352.0M | 247.0M |
| Tax Refunds Received | 13.5M | 13.9M | 25.2M | 13.2M | 2.9M |
| Total Operating Cash Inflow | 518.0M | 332.0M | 412.0M | 387.0M | 259.0M |
| Cash Paid For Goods | 126.0M | 124.0M | 119.0M | 118.0M | 102.0M |
| Cash Paid To Employees | 78.4M | 66.3M | 57.5M | 50.7M | 40.7M |
| Taxes Paid | 50.8M | 47.1M | 31.3M | 18.5M | 26.7M |
| Total Operating Cash Outflow | 290.0M | 266.0M | 232.0M | 218.0M | 201.0M |
| Operating Cash Flow | 228.0M | 66.3M | 180.0M | 169.0M | 58.1M |
| Total Investing Cash Inflow | 3.4B | 2.8B | 1.5B | 260.0M | 371.0M |
| Total Investing Cash Outflow | 3.2B | 3.0B | 2.3B | 382.0M | 605.0M |
| Investing Cash Flow | 166.0M | -137.0M | -798.0M | -122.0M | -234.0M |
| Cash From Borrowings | 71.2M | 124.0M | 43.9M | 83.5M | 41.8M |
| Dividends And Interest Paid | 77.8M | 44.9M | 46.3M | 3.0M | 3.3M |
| Debt Repayments | 7.1M | 103.0M | 42.2M | 6.5M | 45.0M |
| Total Financing Cash Inflow | 92.0M | 124.0M | 931.0M | 93.1M | 462.0M |
| Total Financing Cash Outflow | 105.0M | 177.0M | 173.0M | 28.3M | 312.0M |
| Financing Cash Flow | -12.9M | -53.0M | 758.0M | 64.8M | 150.0M |
| Net Change In Cash | 383.0M | -121.0M | 147.0M | 111.0M | -28.7M |
| Ending Cash Balance | 582.0M | 199.0M | 320.0M | 173.0M | 62.4M |
| Capex | 60.3M | 211.0M | 127.0M | 148.0M | 161.0M |