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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 278.0M | 351.0M | 342.0M | 382.0M | 250.0M | 304.0M | 225.0M | 269.0M | 122.0M | 61.6M | 24.3M | 62.8M |
| Revenue Growth % | -20.8% | 2.6% | -10.5% | 52.8% | -17.8% | 35.1% | -16.4% | 120.5% | 98.0% | 153.2% | -61.2% | -- |
| Total Revenue | 278.0M | 351.0M | 342.0M | 382.0M | 250.0M | 304.0M | 225.0M | 269.0M | 122.0M | 61.6M | 24.3M | 62.8M |
| Cost Of Revenue | 217.0M | 224.0M | 222.0M | 239.0M | 137.0M | 191.0M | 155.0M | 188.0M | 75.1M | 44.3M | 15.3M | 39.6M |
| Gross Profit | 61.0M | 127.0M | 120.0M | 143.0M | 113.0M | 113.0M | 70.0M | 81.0M | 46.9M | 17.3M | 9.1M | 23.2M |
| Gross Margin % | 21.9% | 36.2% | 35.1% | 37.4% | 45.2% | 37.2% | 31.1% | 30.1% | 38.4% | 28.0% | 37.2% | 36.9% |
| Total Operating Cost | 360.0M | 322.0M | 299.0M | 303.0M | 195.0M | 248.0M | 193.0M | 229.0M | 107.0M | 64.4M | 34.8M | 57.7M |
| Selling Expenses | 20.0M | 9.6M | 5.1M | 5.8M | 5.1M | 7.1M | 7.5M | 5.1M | 4.5M | 2.0M | 4.2M | 3.7M |
| Admin Expenses | 54.6M | 42.0M | 41.2M | 35.5M | 36.5M | 28.5M | 18.6M | 20.8M | 16.7M | 14.0M | 14.0M | 12.4M |
| Rd Expenses | 19.8M | 13.7M | 13.5M | 15.9M | 11.2M | 11.0M | 6.1M | 6.9M | 3.6M | -- | -- | -- |
| Finance Expenses | 9.7M | 3.8M | -2.0M | -1.7M | -449,300 | 1.0M | 3.3M | 3.5M | 3.6M | 1.3M | 667,200 | -449,800 |
| Operating Income | -79.3M | 34.4M | 50.9M | 86.1M | 61.6M | 61.4M | 34.2M | 32.0M | 14.5M | -2.8M | -8.9M | 5.1M |
| Operating Margin % | -28.5% | 9.8% | 14.9% | 22.5% | 24.7% | 20.2% | 15.2% | 11.9% | 11.8% | -4.6% | -36.7% | 8.1% |
| Non Operating Income | 738,700 | 21,400 | 5,700 | 4.1M | 5.6M | 605,800 | 1.2M | 1.6M | 3.9M | 3.8M | 6.9M | 2.2M |
| Non Operating Expenses | 289,000 | 577,500 | 980,000 | 554,600 | 261,500 | 688,300 | 2.7M | 532,000 | 609,200 | 468,000 | 20,100 | 140,100 |
| Investment Income | 657,300 | 2.2M | 5.1M | 5.0M | 1.4M | -- | -- | -8.7M | -740,900 | -740,900 | 1.5M | -- |
| Fair Value Change Income | -- | 25,300 | 212,300 | 104,700 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -360,000 | -3,500 | 873,200 | 1.1M | 56,900 | 45,600 | -100.00 | -5,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 6.6M | 4.8M | 2.2M | 1.6M | 282,300 | 695,800 | 600,400 | 3.0M | 2.7M | 1.3M | -17,300 | 874,200 |
| Other Income | 3.0M | 3.5M | 1.9M | 1.2M | 5.1M | 5.4M | 1.5M | 683,900 | -- | -- | -- | -- |
| Income Before Tax | -78.8M | 33.9M | 49.9M | 89.7M | 67.0M | 61.3M | 32.8M | 33.0M | 17.7M | 466,500 | -2.1M | 7.2M |
| Income Tax | -11.8M | 4.2M | 10.7M | 10.3M | 10.9M | 10.8M | 9.0M | 8.0M | 1.8M | 345,200 | -133,600 | 1.1M |
| Net Income | -67.0M | 29.6M | 39.2M | 79.3M | 56.1M | 50.5M | 23.8M | 25.1M | 15.9M | 121,400 | -2.0M | 6.1M |
| Net Margin % | -24.1% | 8.4% | 11.5% | 20.8% | 22.4% | 16.6% | 10.6% | 9.3% | 13.0% | 0.2% | -8.1% | 9.7% |
| Net Income Attributable | -56.6M | 27.0M | 25.9M | 75.5M | 47.7M | 44.1M | 18.3M | 21.4M | 15.8M | 356,800 | -520,700 | 6.1M |
| Minority Interest | -10.4M | 2.7M | 13.3M | 3.8M | 8.3M | 6.5M | 5.5M | 3.7M | 84,200 | -235,400 | -1.4M | -11,900 |
| Eps Basic | -0.56 | 0.28 | 0.28 | 0.82 | 0.64 | 0.64 | 0.27 | 0.34 | 0.26 | 0.01 | -0.01 | 0.10 |
| Eps Diluted | -0.56 | 0.28 | 0.28 | 0.82 | 0.64 | 0.64 | 0.27 | 0.34 | 0.26 | -- | -- | -- |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 226.0M | 199.0M | 259.0M | 349.0M | 422.0M | 96.1M | 114.0M | 60.1M | 21.0M | 14.7M | 16.8M | 47.5M |
| Trading Financial Assets | -- | 89.5M | 115.0M | 60.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 198.0M | 269.0M | 272.0M | 253.0M | 175.0M | 129.0M | 83.6M | 116.0M | 57.3M | 32.0M | 24.5M | 20.6M |
| Notes Receivable | 12.4M | 1.0M | 12.4M | 9.4M | 16.1M | 28.7M | -- | 200,000 | -- | 94,000 | 200,000 | 1.1M |
| Notes And Accounts Receivable | 211.0M | 270.0M | 285.0M | 263.0M | 191.0M | 157.0M | 83.6M | 117.0M | 57.3M | 32.1M | 24.7M | 21.8M |
| Prepayments | 7.1M | 41.1M | 14.1M | 12.4M | 8.4M | 4.8M | 8.7M | 1.8M | 1.2M | 1.7M | 505,800 | 1.1M |
| Inventory | 113.0M | 93.5M | 49.3M | 26.1M | 13.2M | 8.0M | 8.4M | 5.2M | 8.7M | 5.2M | 8.8M | 28.9M |
| Total Current Assets | 656.0M | 765.0M | 768.0M | 741.0M | 655.0M | 297.0M | 233.0M | 194.0M | 100.0M | 62.0M | 53.3M | 103.0M |
| Fixed Assets | -- | 401.0M | 215.0M | 180.0M | 176.0M | 191.0M | 187.0M | 172.0M | -- | 88.3M | 28.9M | 32.8M |
| Fixed Assets Total | 854.0M | 401.0M | 215.0M | 180.0M | 176.0M | 191.0M | 187.0M | 172.0M | 141.0M | 88.3M | 28.9M | 32.8M |
| Construction In Progress | -- | 235.0M | 121.0M | 587,200 | 6.0M | 1.2M | 725,600 | 13.6M | -- | 24.6M | 12.8M | 593,000 |
| Construction In Progress Total | 27.0M | 235.0M | 121.0M | 587,200 | 6.0M | 1.2M | 725,600 | 13.6M | 8.4M | 24.6M | 12.8M | 593,000 |
| Intangible Assets | 132.0M | 134.0M | 57.0M | 58.8M | 26.2M | 26.8M | 27.4M | 28.5M | 29.1M | 10.7M | 10.9M | 11.1M |
| Long Term Deferred Expenses | 7.0M | 990,200 | 221,000 | 7.1M | 11.8M | 6.4M | 10.7M | 6.2M | 6.3M | 4.6M | -- | -- |
| Total Non Current Assets | 1.1B | 824.0M | 429.0M | 263.0M | 224.0M | 230.0M | 230.0M | 227.0M | 197.0M | 135.0M | 72.3M | 44.9M |
| Total Assets | 1.7B | 1.6B | 1.2B | 1.0B | 879.0M | 527.0M | 463.0M | 421.0M | 297.0M | 197.0M | 126.0M | 148.0M |
| Short Term Borrowings | 173.0M | 127.0M | 80.1M | 33.7M | 20.0M | 12.2M | -- | 8.0M | 13.0M | 27.0M | -- | 5.0M |
| Accounts Payable | 202.0M | 267.0M | 120.0M | 97.4M | 75.2M | 79.0M | 80.4M | 101.0M | 44.7M | 42.6M | 6.9M | 12.5M |
| Advance Receipts | 97,700 | -- | 49,500 | 49,500 | 49,500 | 4.1M | 5.6M | 2.5M | 930,200 | 87,400 | 48,900 | 1.5M |
| Contract Liabilities | 11.5M | 10.1M | 7.5M | 5.6M | 5.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 540.0M | 505.0M | 275.0M | 188.0M | 133.0M | 149.0M | 123.0M | 190.0M | 92.0M | 78.3M | 21.7M | 20.5M |
| Long Term Borrowings | 238.0M | 133.0M | 87.5M | -- | -- | -- | -- | 5.5M | 22.0M | -- | -- | 20.0M |
| Total Non Current Liabilities | 312.0M | 139.0M | 90.2M | 3.4M | 4.1M | 6.6M | 18.8M | 25.1M | 42.3M | 6.5M | -- | 21.8M |
| Total Liabilities | 853.0M | 643.0M | 366.0M | 191.0M | 137.0M | 155.0M | 142.0M | 215.0M | 134.0M | 84.8M | 21.7M | 42.3M |
| Paid In Capital | 101.0M | 101.0M | 92.4M | 91.8M | 91.8M | 68.9M | 68.9M | 63.8M | 63.0M | 60.0M | 60.0M | 60.0M |
| Capital Reserve | 573.0M | 574.0M | 477.0M | 471.0M | 466.0M | 165.0M | 165.0M | 79.0M | 64.3M | 37.3M | 34.5M | 34.5M |
| Surplus Reserve | 23.4M | 23.4M | 23.4M | 23.4M | 16.3M | 11.8M | 8.0M | 5.9M | 3.5M | 1.1M | 812,900 | 812,900 |
| Retained Earnings | 137.0M | 199.0M | 182.0M | 184.0M | 134.0M | 90.4M | 50.4M | 41.1M | 22.1M | 8.7M | 8.6M | 9.1M |
| Minority Equity | 38.5M | 49.2M | 56.3M | 43.1M | 34.0M | 35.5M | 29.0M | 16.8M | 10.0M | 5.0M | -- | 968,100 |
| Equity Attributable | 834.0M | 897.0M | 775.0M | 770.0M | 708.0M | 336.0M | 292.0M | 190.0M | 153.0M | 107.0M | 104.0M | 104.0M |
| Total Equity | 873.0M | 946.0M | 831.0M | 813.0M | 742.0M | 371.0M | 321.0M | 207.0M | 163.0M | 112.0M | 104.0M | 105.0M |
| 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 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 425.0M | 371.0M | 304.0M | 291.0M | 214.0M | 243.0M | 281.0M | 231.0M | 107.0M | 60.1M | 33.2M | 62.2M |
| Tax Refunds Received | 13.7M | 169,400 | 524,700 | 39,400 | 3.7M | 3.4M | 178,100 | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 500.0M | 421.0M | 339.0M | 314.0M | 250.0M | 256.0M | 303.0M | 245.0M | 148.0M | 62.3M | 43.6M | 66.8M |
| Cash Paid For Goods | 322.0M | 259.0M | 220.0M | 174.0M | 146.0M | 140.0M | 145.0M | 125.0M | 72.1M | 27.8M | 18.0M | 45.3M |
| Cash Paid To Employees | 56.9M | 53.7M | 44.4M | 43.4M | 30.7M | 34.7M | 32.2M | 26.8M | 19.2M | 7.6M | 8.7M | 7.4M |
| Taxes Paid | 10.9M | 19.4M | 18.1M | 16.0M | 19.6M | 21.6M | 23.5M | 12.0M | 4.1M | 3.0M | 824,300 | 3.4M |
| Total Operating Cash Outflow | 446.0M | 440.0M | 336.0M | 269.0M | 226.0M | 226.0M | 234.0M | 195.0M | 125.0M | 46.3M | 36.5M | 63.0M |
| Operating Cash Flow | 53.4M | -19.1M | 3.5M | 44.8M | 23.5M | 30.5M | 69.3M | 49.5M | 23.1M | 16.1M | 7.1M | 3.8M |
| Total Investing Cash Inflow | 323.0M | 964.0M | 619.0M | 287.0M | 1.6M | 93,600 | 198,400 | 9,500 | 500,000 | 900,000 | 1.9M | 9,000 |
| Total Investing Cash Outflow | 570.0M | 1.2B | 832.0M | 400.0M | 11.9M | 50.2M | 39.9M | 33.3M | 55.6M | 50.1M | 31.5M | 20.5M |
| Investing Cash Flow | -246.0M | -263.0M | -213.0M | -113.0M | -10.3M | -50.1M | -39.7M | -33.3M | -55.1M | -49.2M | -29.6M | -20.5M |
| Cash From Borrowings | 414.0M | 214.0M | 168.0M | 45.1M | 20.0M | 12.2M | -- | 26.7M | 37.0M | 27.0M | -- | 25.0M |
| Dividends And Interest Paid | 22.1M | 26.1M | 31.2M | 33.6M | 11.7M | 1.2M | 10.5M | 3.3M | 3.5M | 974,100 | 1.2M | 153,400 |
| Debt Repayments | 186.0M | 100.0M | 33.6M | 30.0M | 18.1M | 12.1M | 50.1M | 17.6M | 29.0M | 12.0M | 13.0M | -- |
| Total Financing Cash Inflow | 448.0M | 345.0M | 174.0M | 60.1M | 359.0M | 12.2M | 98.4M | 43.0M | 107.0M | 44.0M | 6.0M | 26.0M |
| Total Financing Cash Outflow | 209.0M | 147.0M | 65.1M | 66.0M | 45.1M | 14.0M | 68.2M | 24.7M | 68.8M | 14.0M | 14.2M | 153,400 |
| Financing Cash Flow | 240.0M | 198.0M | 109.0M | -5.9M | 314.0M | -1.8M | 30.2M | 18.3M | 38.1M | 30.0M | -8.2M | 25.8M |
| Net Change In Cash | 46.9M | -84.8M | -101.0M | -74.1M | 327.0M | -21.4M | 59.8M | 34.6M | 6.1M | -3.1M | -30.7M | 9.2M |
| Ending Cash Balance | 207.0M | 160.0M | 245.0M | 346.0M | 420.0M | 92.7M | 114.0M | 54.3M | 19.8M | 13.7M | 16.8M | 47.5M |
| Capex | 337.0M | 309.0M | 149.0M | 59.3M | 11.9M | 47.4M | 39.9M | 33.3M | 53.3M | 48.8M | 29.3M | 20.5M |