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 |
|---|---|---|---|---|---|---|---|
| Revenue | 266.0M | 356.0M | 517.0M | 495.0M | 398.0M | 252.0M | 175.0M |
| Revenue Growth % | -25.3% | -31.1% | 4.4% | 24.4% | 57.9% | 44.0% | -- |
| Total Revenue | 266.0M | 356.0M | 517.0M | 495.0M | 398.0M | 252.0M | 175.0M |
| Cost Of Revenue | 160.0M | 178.0M | 297.0M | 215.0M | 146.0M | 114.0M | 87.8M |
| Gross Profit | 106.0M | 178.0M | 220.0M | 280.0M | 252.0M | 138.0M | 87.2M |
| Gross Margin % | 39.8% | 50.0% | 42.6% | 56.6% | 63.3% | 54.8% | 49.8% |
| Total Operating Cost | 350.0M | 352.0M | 472.0M | 384.0M | 290.0M | 219.0M | 161.0M |
| Selling Expenses | 39.8M | 45.2M | 41.7M | 41.0M | 33.8M | 28.9M | 20.9M |
| Admin Expenses | 40.6M | 45.4M | 43.7M | 37.0M | 30.2M | 31.7M | 19.9M |
| Rd Expenses | 80.0M | 80.3M | 73.4M | 79.9M | 61.5M | 40.4M | 25.8M |
| Finance Expenses | -4.4M | -5.0M | -4.1M | -3.2M | -3.8M | 634,500 | 1.1M |
| Operating Income | -38.7M | 47.2M | 86.5M | 131.0M | 126.0M | 43.5M | 21.6M |
| Operating Margin % | -14.5% | 13.3% | 16.7% | 26.5% | 31.7% | 17.2% | 12.3% |
| Non Operating Income | 21,800 | 96,500 | 7.4M | 157,800 | 1,300 | 839,400 | -- |
| Non Operating Expenses | 351,400 | 1.7M | 212,800 | 1.3M | 1.1M | 65,800 | 47,600 |
| Investment Income | 32.9M | 29.8M | 16.6M | 6.1M | 2.4M | 112,800 | -- |
| Fair Value Change Income | -2.9M | 3.4M | 11.6M | 917,100 | -- | -- | -- |
| Asset Disposal Income | -45,300 | -38,600 | 84,500 | 88,900 | -- | -- | -- |
| Asset Impairment Loss | 3.9M | -296,600 | 3.8M | 3.6M | 13.2M | 2.8M | 1.9M |
| Other Income | 15.3M | 9.3M | 12.8M | 13.6M | 15.8M | 10.1M | 6.7M |
| Income Before Tax | -39.0M | 45.6M | 93.6M | 130.0M | 125.0M | 44.2M | 21.6M |
| Income Tax | 13.4M | -298,400 | 5.6M | 11.9M | 15.7M | 4.4M | 1.4M |
| Net Income | -52.4M | 45.9M | 88.0M | 118.0M | 109.0M | 39.8M | 20.2M |
| Net Margin % | -19.7% | 12.9% | 17.0% | 23.8% | 27.4% | 15.8% | 11.5% |
| Net Income Attributable | -52.3M | 46.1M | 88.4M | 119.0M | 109.0M | 40.9M | 20.9M |
| Minority Interest | -90,000 | -128,400 | -401,700 | -452,800 | -273,400 | -1.1M | -688,100 |
| Eps Basic | -0.40 | 0.35 | 1.02 | 1.71 | 1.74 | 0.77 | 0.42 |
| Eps Diluted | -0.40 | 0.35 | 1.02 | 1.71 | 1.74 | 0.77 | 0.42 |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 306.0M | 531.0M | 317.0M | 263.0M | 444.0M | 169.0M | 62.5M |
| Trading Financial Assets | 932.0M | 890.0M | 1.2B | 266.0M | 20.0M | 80.0M | -- |
| Accounts Receivable | 208.0M | 201.0M | 222.0M | 98.4M | 93.2M | 84.3M | 75.9M |
| Notes Receivable | 1.6M | 557,100 | -- | 4.6M | 16.1M | 386,800 | 1.7M |
| Notes And Accounts Receivable | 210.0M | 201.0M | 222.0M | 103.0M | 109.0M | 84.7M | 77.6M |
| Prepayments | 5.9M | 11.8M | 11.8M | 6.6M | 16.8M | 3.5M | 7.3M |
| Inventory | 127.0M | 114.0M | 116.0M | 203.0M | 242.0M | 204.0M | 159.0M |
| Total Current Assets | 1.6B | 1.8B | 1.9B | 852.0M | 840.0M | 547.0M | 311.0M |
| Fixed Assets | -- | 32.2M | 37.8M | 28.2M | 30.3M | 25.2M | 11.6M |
| Fixed Assets Total | 27.3M | 32.2M | 37.8M | 28.2M | 30.3M | 25.2M | 11.6M |
| Construction In Progress | -- | -- | -- | -- | 459,100 | -- | 1.4M |
| Construction In Progress Total | -- | -- | -- | -- | 459,100 | -- | 1.4M |
| Intangible Assets | 7.9M | 8.6M | 8.7M | 6.6M | 4.9M | 3.0M | 2.8M |
| Long Term Deferred Expenses | 451,200 | 2.3M | 4.7M | 4.3M | 649,500 | 252,900 | 320,400 |
| Total Non Current Assets | 378.0M | 308.0M | 91.9M | 66.0M | 48.7M | 34.6M | 20.5M |
| Total Assets | 2.0B | 2.1B | 2.0B | 918.0M | 889.0M | 581.0M | 332.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 23.5M |
| Accounts Payable | 68.9M | 65.5M | 59.8M | 33.6M | 26.5M | 13.6M | 26.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 214.0M | 65.3M |
| Contract Liabilities | 58.3M | 70.1M | 42.8M | 133.0M | 203.0M | -- | -- |
| Total Current Liabilities | 168.0M | 179.0M | 155.0M | 224.0M | 282.0M | 253.0M | 136.0M |
| Total Non Current Liabilities | 15.3M | 16.5M | 9.2M | 8.1M | 4.4M | 7.7M | 180,000 |
| Total Liabilities | 184.0M | 195.0M | 164.0M | 232.0M | 286.0M | 261.0M | 137.0M |
| Paid In Capital | 129.0M | 92.9M | 92.9M | 69.7M | 69.7M | 60.3M | 50.0M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 411.0M | 405.0M | 206.0M | 113.0M |
| Surplus Reserve | 46.6M | 46.5M | 45.2M | 34.3M | 20.7M | 8.2M | 4.0M |
| Retained Earnings | 148.0M | 219.0M | 202.0M | 171.0M | 107.0M | 46.1M | 29.2M |
| Minority Equity | -1.1M | -1.0M | -915,400 | -513,600 | -60,900 | -- | -688,100 |
| Equity Attributable | 1.8B | 1.9B | 1.8B | 686.0M | 603.0M | 321.0M | 196.0M |
| Total Equity | 1.8B | 1.9B | 1.8B | 685.0M | 603.0M | 321.0M | 195.0M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 250.0M | 437.0M | 338.0M | 476.0M | 403.0M | 449.0M | 195.0M |
| Tax Refunds Received | -- | -- | 1.6M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 283.0M | 466.0M | 378.0M | 505.0M | 428.0M | 476.0M | 213.0M |
| Cash Paid For Goods | 154.0M | 159.0M | 203.0M | 167.0M | 202.0M | 180.0M | 79.9M |
| Cash Paid To Employees | 124.0M | 130.0M | 126.0M | 112.0M | 83.7M | 62.0M | 40.5M |
| Taxes Paid | 13.0M | 47.1M | 25.3M | 57.4M | 34.6M | 43.5M | 21.9M |
| Total Operating Cash Outflow | 350.0M | 400.0M | 395.0M | 388.0M | 366.0M | 325.0M | 176.0M |
| Operating Cash Flow | -66.9M | 66.4M | -16.7M | 117.0M | 62.2M | 151.0M | 37.1M |
| Total Investing Cash Inflow | 4.1B | 4.7B | 4.0B | 1.0B | 868.0M | 178.0M | 62,400 |
| Total Investing Cash Outflow | 4.2B | 4.5B | 5.0B | 1.3B | 826.0M | 276.0M | 4.8M |
| Investing Cash Flow | -114.0M | 166.0M | -985.0M | -256.0M | 42.7M | -97.9M | -4.7M |
| Cash From Borrowings | -- | -- | -- | -- | 8.0M | 13.0M | 23.5M |
| Dividends And Interest Paid | 18.6M | 27.9M | 46.5M | 41.8M | 36.3M | 21.3M | 7.5M |
| Debt Repayments | -- | -- | -- | -- | 8.0M | 36.5M | 30.0M |
| Total Financing Cash Inflow | 98,000 | -- | 1.1B | -- | 211.0M | 111.0M | 23.5M |
| Total Financing Cash Outflow | 34.6M | 29.9M | 62.5M | 44.1M | 44.4M | 57.8M | 37.5M |
| Financing Cash Flow | -34.5M | -29.9M | 1.1B | -44.1M | 167.0M | 53.5M | -14.0M |
| Net Change In Cash | -216.0M | 203.0M | 58.5M | -183.0M | 272.0M | 107.0M | 18.4M |
| Ending Cash Balance | 303.0M | 519.0M | 316.0M | 258.0M | 440.0M | 169.0M | 61.9M |
| Capex | 9.5M | 7.8M | 29.8M | 16.5M | 16.4M | 18.1M | 4.8M |