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 | 297.0M | 243.0M | 294.0M | 213.0M | 125.0M |
| Revenue Growth % | 22.2% | -17.3% | 38.0% | 70.4% | -- |
| Total Revenue | 297.0M | 243.0M | 294.0M | 213.0M | 125.0M |
| Cost Of Revenue | 140.0M | 100.0M | 106.0M | 85.3M | 67.5M |
| Gross Profit | 157.0M | 143.0M | 188.0M | 127.7M | 57.5M |
| Gross Margin % | 52.9% | 58.8% | 63.9% | 59.9% | 46.0% |
| Total Operating Cost | 282.0M | 204.0M | 194.0M | 157.0M | 120.0M |
| Selling Expenses | 25.2M | 16.2M | 13.6M | 10.3M | 5.2M |
| Admin Expenses | 80.6M | 58.2M | 46.3M | 40.6M | 22.8M |
| Rd Expenses | 34.2M | 43.1M | 33.2M | 19.7M | 22.6M |
| Finance Expenses | -16.7M | -20.8M | -10.9M | 210,700 | 1.0M |
| Operating Income | 36.6M | 61.8M | 116.0M | 64.2M | 9.9M |
| Operating Margin % | 12.3% | 25.4% | 39.5% | 30.1% | 7.9% |
| Non Operating Income | 30,500 | 49,300 | 3.6M | 4.0M | 1.9M |
| Non Operating Expenses | 190,700 | 186,600 | 125,300 | 60,500 | 39,300 |
| Investment Income | 13.6M | 13.1M | 4.1M | 4.2M | 1.4M |
| Fair Value Change Income | 4.6M | 1.5M | 1.7M | -- | -- |
| Asset Disposal Income | 86,800 | -- | 292,200 | -- | -- |
| Asset Impairment Loss | 9.5M | 419,000 | 264,400 | 84,400 | 113,500 |
| Other Income | 2.6M | 8.3M | 9.9M | 4.6M | 2.9M |
| Income Before Tax | 36.4M | 61.7M | 119.0M | 68.2M | 11.7M |
| Income Tax | 16.2M | 8.4M | 14.1M | 7.8M | -- |
| Net Income | 20.2M | 53.3M | 105.0M | 60.4M | 11.7M |
| Net Margin % | 6.8% | 21.9% | 35.7% | 28.4% | 9.3% |
| Net Income Attributable | 21.1M | 54.0M | 105.0M | 60.4M | 11.7M |
| Minority Interest | -816,600 | -778,600 | -- | -- | -- |
| Eps Basic | 0.19 | 0.47 | 1.04 | 0.98 | 0.19 |
| Eps Diluted | 0.18 | 0.47 | 1.04 | 0.98 | 0.19 |
| 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 | 891.0M | 1.3B | 1.5B | 310.0M | 309.0M |
| Trading Financial Assets | 358.0M | 149.0M | 171.0M | -- | -- |
| Accounts Receivable | 102.0M | 92.2M | 75.9M | 41.7M | 39.0M |
| Notes Receivable | 8.9M | 4.1M | 942,400 | -- | 315,000 |
| Notes And Accounts Receivable | 111.0M | 96.3M | 76.8M | 41.7M | 39.3M |
| Prepayments | 374,000 | 1.6M | 2.0M | 1.5M | 1.9M |
| Inventory | 59.1M | 49.2M | 44.0M | 33.7M | 12.5M |
| Total Current Assets | 1.5B | 1.7B | 1.9B | 441.0M | 371.0M |
| Long Term Equity Investment | 44.3M | -- | -- | -- | -- |
| Fixed Assets | -- | 164.0M | 117.0M | 86.3M | 75.2M |
| Fixed Assets Total | 161.0M | 164.0M | 117.0M | 86.3M | 75.2M |
| Construction In Progress | -- | 78.1M | 103.0M | 1.3M | 19.5M |
| Construction In Progress Total | 169.0M | 78.1M | 103.0M | 1.3M | 19.5M |
| Intangible Assets | 37.7M | 39.2M | 40.3M | 42.5M | -- |
| Long Term Deferred Expenses | 52.1M | 60.3M | 21.5M | 25.4M | 8.9M |
| Total Non Current Assets | 737.0M | 643.0M | 479.0M | 306.0M | 182.0M |
| Total Assets | 2.3B | 2.3B | 2.3B | 747.0M | 553.0M |
| Short Term Borrowings | -- | -- | 20.0M | 40.0M | 15.0M |
| Accounts Payable | 62.8M | 37.5M | 21.3M | 13.4M | 11.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 15.6M | 4.3M | 16.0M | 16.6M | 1.4M |
| Total Current Liabilities | 119.0M | 70.6M | 89.3M | 95.8M | 37.0M |
| Long Term Borrowings | -- | -- | 10.9M | 17.8M | 17.1M |
| Total Non Current Liabilities | 71.6M | 73.6M | 73.8M | 88.8M | 22.1M |
| Total Liabilities | 191.0M | 144.0M | 163.0M | 185.0M | 59.1M |
| Paid In Capital | 115.0M | 115.0M | 82.0M | 61.5M | 61.5M |
| Capital Reserve | 1.9B | 1.9B | 1.9B | 428.0M | 420.0M |
| Surplus Reserve | 33.7M | 27.2M | 20.0M | 9.5M | 1.8M |
| Retained Earnings | 94.9M | 132.0M | 158.0M | 63.1M | 10.5M |
| Minority Equity | -1.5M | -778,600 | -- | -- | -- |
| Equity Attributable | 2.1B | 2.2B | 2.2B | 562.0M | 494.0M |
| Total Equity | 2.1B | 2.2B | 2.2B | 562.0M | 494.0M |
| 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 | 314.0M | 225.0M | 282.0M | 243.0M | 89.5M |
| Tax Refunds Received | 2.2M | 3.3M | 1.2M | -- | 1.2M |
| Total Operating Cash Inflow | 344.0M | 259.0M | 309.0M | 265.0M | 99.8M |
| Cash Paid For Goods | 79.3M | 64.9M | 65.0M | 63.9M | 38.8M |
| Cash Paid To Employees | 103.0M | 84.0M | 71.9M | 51.0M | 32.7M |
| Taxes Paid | 32.1M | 14.7M | 29.7M | 13.4M | 124,600 |
| Total Operating Cash Outflow | 275.0M | 201.0M | 197.0M | 150.0M | 96.6M |
| Operating Cash Flow | 69.2M | 58.0M | 112.0M | 115.0M | 3.2M |
| Total Investing Cash Inflow | 629.0M | 816.0M | 52.9M | 44.0M | 61.4M |
| Total Investing Cash Outflow | 1.0B | 966.0M | 439.0M | 184.0M | 166.0M |
| Investing Cash Flow | -371.0M | -150.0M | -386.0M | -140.0M | -105.0M |
| Cash From Borrowings | -- | -- | 32.3M | 42.8M | 15.0M |
| Dividends And Interest Paid | 51.2M | 73.8M | 2.1M | 1.8M | 2.1M |
| Debt Repayments | -- | 35.2M | 57.0M | 16.9M | 23.5M |
| Total Financing Cash Inflow | 128,600 | -- | 1.6B | 43.0M | 415.0M |
| Total Financing Cash Outflow | 99.8M | 133.0M | 80.6M | 23.4M | 29.9M |
| Financing Cash Flow | -99.6M | -133.0M | 1.5B | 19.6M | 385.0M |
| Net Change In Cash | -399.0M | -224.0M | 1.2B | -6.0M | 283.0M |
| Ending Cash Balance | 884.0M | 1.3B | 1.5B | 303.0M | 309.0M |
| Capex | 121.0M | 77.5M | 147.0M | 99.2M | 36.2M |