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 | 699.0M | 854.0M | 738.0M | 587.0M | 473.0M |
| Revenue Growth % | -18.1% | 15.7% | 25.7% | 24.1% | -- |
| Total Revenue | 699.0M | 854.0M | 738.0M | 587.0M | 473.0M |
| Cost Of Revenue | 529.0M | 659.0M | 623.0M | 490.0M | 408.0M |
| Gross Profit | 170.0M | 195.0M | 115.0M | 97.0M | 65.0M |
| Gross Margin % | 24.3% | 22.8% | 15.6% | 16.5% | 13.7% |
| Total Operating Cost | 676.0M | 788.0M | 722.0M | 575.0M | 466.0M |
| Selling Expenses | 10.1M | 10.4M | 8.8M | 8.0M | 6.7M |
| Admin Expenses | 52.0M | 49.2M | 34.6M | 31.3M | 18.0M |
| Rd Expenses | 41.7M | 38.8M | 35.3M | 26.4M | 18.1M |
| Finance Expenses | 5.8M | 5.0M | 4.9M | -2.5M | 2.7M |
| Operating Income | 38.9M | 90.2M | 33.3M | 22.7M | 22.9M |
| Operating Margin % | 5.6% | 10.6% | 4.5% | 3.9% | 4.8% |
| Non Operating Income | 1.4M | 3.4M | 3.8M | 2.5M | 8.4M |
| Non Operating Expenses | 1.9M | 1.0M | 425,100 | 712,800 | 1.3M |
| Investment Income | -974,700 | 8.4M | 3.5M | 4.2M | 13.8M |
| Fair Value Change Income | 3.1M | 7.6M | 3.3M | 2.5M | 90,200 |
| Asset Disposal Income | -6,300 | -14,300 | -- | -- | -88,700 |
| Asset Impairment Loss | 28.3M | 5.2M | 6.2M | 19.6M | 2.4M |
| Other Income | 13.5M | 8.7M | 10.9M | 3.2M | 1.9M |
| Income Before Tax | 38.4M | 92.5M | 36.6M | 24.5M | 30.0M |
| Income Tax | 13.1M | 10.8M | 1.2M | 2,517 | 2.2M |
| Net Income | 25.3M | 81.8M | 35.4M | 24.5M | 27.9M |
| Net Margin % | 3.6% | 9.6% | 4.8% | 4.2% | 5.9% |
| Net Income Attributable | 45.2M | 81.8M | 31.8M | 21.8M | 29.5M |
| Minority Interest | -19.9M | -42,100 | 3.6M | 2.7M | -1.7M |
| Eps Basic | 0.38 | 0.69 | 0.27 | 0.19 | 0.25 |
| Eps Diluted | 0.38 | 0.69 | 0.27 | 0.18 | 0.25 |
| 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 | 154.0M | 257.0M | 37.9M | 101.0M | 259.0M |
| Trading Financial Assets | 201.0M | 203.0M | 316.0M | 294.0M | 182.0M |
| Accounts Receivable | 211.0M | 253.0M | 184.0M | 196.0M | 221.0M |
| Notes Receivable | 12.0M | 63.0M | 59.8M | 104.0M | 69.9M |
| Notes And Accounts Receivable | 223.0M | 316.0M | 244.0M | 299.0M | 291.0M |
| Prepayments | 26.6M | 20.9M | 31.2M | 18.7M | 41.2M |
| Inventory | 664.0M | 495.0M | 562.0M | 493.0M | 295.0M |
| Total Current Assets | 1.4B | 1.4B | 1.3B | 1.3B | 1.1B |
| Long Term Equity Investment | 11.2M | 16.4M | 11.6M | 14.7M | 15.4M |
| Fixed Assets | -- | 295.0M | 266.0M | 60.1M | 61.8M |
| Fixed Assets Total | 282.0M | 295.0M | 266.0M | 60.1M | 61.8M |
| Construction In Progress | -- | 3.4M | 5.9M | 129.0M | 56.9M |
| Construction In Progress Total | -- | 3.4M | 5.9M | 129.0M | 56.9M |
| Intangible Assets | 28.7M | 29.2M | 26.6M | 27.5M | 28.2M |
| Long Term Deferred Expenses | 4.4M | 5.2M | 1.6M | 2.0M | 2.3M |
| Total Non Current Assets | 436.0M | 479.0M | 390.0M | 261.0M | 170.0M |
| Total Assets | 1.8B | 1.9B | 1.7B | 1.5B | 1.3B |
| Short Term Borrowings | 7.0M | 140.0M | 118.0M | 64.4M | 76.8M |
| Accounts Payable | 219.0M | 229.0M | 185.0M | 162.0M | 95.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 298.0M | 290.0M | 239.0M | 224.0M | 126.0M |
| Total Current Liabilities | 729.0M | 847.0M | 779.0M | 636.0M | 424.0M |
| Long Term Borrowings | 105.0M | 39.0M | -- | -- | -- |
| Total Non Current Liabilities | 140.0M | 73.3M | 17.4M | 13.1M | 2.8M |
| Total Liabilities | 869.0M | 921.0M | 796.0M | 649.0M | 427.0M |
| Paid In Capital | 119.0M | 118.0M | 118.0M | 117.0M | 117.0M |
| Capital Reserve | 598.0M | 597.0M | 591.0M | 584.0M | 580.0M |
| Surplus Reserve | 40.7M | 33.8M | 23.6M | 20.5M | 18.5M |
| Retained Earnings | 220.0M | 223.0M | 161.0M | 140.0M | 129.0M |
| Minority Equity | -5.7M | 9.2M | 9.2M | 5.7M | 3.0M |
| Equity Attributable | 946.0M | 939.0M | 862.0M | 862.0M | 846.0M |
| Total Equity | 940.0M | 949.0M | 871.0M | 867.0M | 849.0M |
| 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 | 648.0M | 736.0M | 875.0M | 741.0M | 482.0M |
| Tax Refunds Received | 5.0M | 1.3M | 439,500 | 559,800 | 15,000 |
| Total Operating Cash Inflow | 678.0M | 759.0M | 905.0M | 767.0M | 498.0M |
| Cash Paid For Goods | 455.0M | 459.0M | 671.0M | 575.0M | 327.0M |
| Cash Paid To Employees | 169.0M | 127.0M | 124.0M | 93.7M | 67.8M |
| Taxes Paid | 39.8M | 74.0M | 22.9M | 16.4M | 25.5M |
| Total Operating Cash Outflow | 691.0M | 707.0M | 850.0M | 709.0M | 441.0M |
| Operating Cash Flow | -13.4M | 51.5M | 55.0M | 58.5M | 57.1M |
| Total Investing Cash Inflow | 1.1B | 992.0M | 2.2B | 1.5B | 1.1B |
| Total Investing Cash Outflow | 1.1B | 926.0M | 2.3B | 1.7B | 846.0M |
| Investing Cash Flow | -14.2M | 66.0M | -129.0M | -197.0M | 213.0M |
| Cash From Borrowings | 223.0M | 192.0M | 117.0M | 26.8M | 104.0M |
| Dividends And Interest Paid | 46.3M | 15.0M | 8.7M | 10.5M | 19.5M |
| Debt Repayments | 246.0M | 98.1M | 63.3M | 35.0M | 130.0M |
| Total Financing Cash Inflow | 243.0M | 198.0M | 120.0M | 26.8M | 120.0M |
| Total Financing Cash Outflow | 296.0M | 117.0M | 107.0M | 47.9M | 153.0M |
| Financing Cash Flow | -52.7M | 81.1M | 13.4M | -21.2M | -33.2M |
| Net Change In Cash | -80.1M | 199.0M | -61.6M | -160.0M | 236.0M |
| Ending Cash Balance | 154.0M | 234.0M | 35.9M | 97.5M | 258.0M |
| Capex | 10.2M | 26.3M | 55.1M | 85.0M | 69.4M |