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 | 325.0M | 364.0M | 477.0M | 389.0M | 310.0M |
| Revenue Growth % | -10.7% | -23.7% | 22.6% | 25.5% | -- |
| Total Revenue | 325.0M | 364.0M | 477.0M | 389.0M | 310.0M |
| Cost Of Revenue | 179.0M | 178.0M | 225.0M | 157.0M | 127.0M |
| Gross Profit | 146.0M | 186.0M | 252.0M | 232.0M | 183.0M |
| Gross Margin % | 44.9% | 51.1% | 52.8% | 59.6% | 59.0% |
| Total Operating Cost | 374.0M | 366.0M | 389.0M | 306.0M | 249.0M |
| Selling Expenses | 63.4M | 58.1M | 52.8M | 53.8M | 42.7M |
| Admin Expenses | 44.5M | 44.2M | 38.0M | 39.6M | 31.0M |
| Rd Expenses | 57.9M | 55.2M | 45.1M | 39.6M | 32.2M |
| Finance Expenses | 4.8M | 5.7M | 3.2M | -2.6M | 3.5M |
| Operating Income | -24.4M | 34.7M | 116.0M | 110.0M | 80.6M |
| Operating Margin % | -7.5% | 9.5% | 24.3% | 28.3% | 26.0% |
| Non Operating Income | 136,400 | 501,400 | 45,800 | 52,700 | 36,700 |
| Non Operating Expenses | 90,600 | 630,800 | 610,500 | 47,600 | 485,700 |
| Investment Income | -3.3M | -3.0M | 3.0M | 1.9M | -- |
| Fair Value Change Income | 92,100 | -- | -- | -- | -- |
| Asset Disposal Income | -90,100 | -1.1M | -119,800 | -2,300 | 76,100 |
| Asset Impairment Loss | 1.3M | 6.5M | 955,500 | 935,600 | 82,600 |
| Other Income | 27.8M | 40.8M | 25.5M | 24.6M | 19.1M |
| Income Before Tax | -24.4M | 34.6M | 116.0M | 110.0M | 80.1M |
| Income Tax | -2.1M | 6.1M | 14.2M | 14.0M | 9.5M |
| Net Income | -22.3M | 28.4M | 102.0M | 95.6M | 70.6M |
| Net Margin % | -6.8% | 7.8% | 21.4% | 24.6% | 22.8% |
| Net Income Attributable | -21.7M | 29.5M | 102.0M | 95.6M | 71.7M |
| Minority Interest | -555,500 | -1.1M | -481,800 | 53,800 | -1.1M |
| Eps Basic | -0.29 | 0.39 | 1.33 | 1.32 | 1.24 |
| Eps Diluted | -0.29 | 0.39 | 1.33 | 1.32 | 1.24 |
| 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 | 140.0M | 125.0M | 218.0M | 152.0M | 172.0M |
| Trading Financial Assets | 23.8M | 10.0M | 85.0M | 169.0M | -- |
| Accounts Receivable | 214.0M | 245.0M | 305.0M | 218.0M | 163.0M |
| Notes Receivable | 1.1M | 691,000 | 2.3M | 1.3M | 2.1M |
| Notes And Accounts Receivable | 215.0M | 245.0M | 308.0M | 219.0M | 165.0M |
| Prepayments | 120.0M | 108.0M | 88.5M | 30.6M | 26.7M |
| Inventory | 83.3M | 80.7M | 61.6M | 75.5M | 62.8M |
| Total Current Assets | 756.0M | 799.0M | 840.0M | 696.0M | 457.0M |
| Long Term Equity Investment | 90.5M | 96.3M | 69.6M | -- | -- |
| Fixed Assets | -- | 88.7M | 91.3M | 91.2M | 102.0M |
| Fixed Assets Total | 386.0M | 88.7M | 91.3M | 91.2M | 102.0M |
| Construction In Progress | -- | 333.0M | 275.0M | 202.0M | 101.0M |
| Construction In Progress Total | 20.3M | 333.0M | 275.0M | 202.0M | 101.0M |
| Intangible Assets | 22.3M | 14.9M | 13.3M | 15.1M | 17.0M |
| Long Term Deferred Expenses | 2.1M | 1.6M | 2.8M | 2.0M | 3.3M |
| Total Non Current Assets | 625.0M | 645.0M | 573.0M | 444.0M | 339.0M |
| Total Assets | 1.4B | 1.4B | 1.4B | 1.1B | 796.0M |
| Short Term Borrowings | 180.0M | 181.0M | 93.0M | 24.3M | 81.0M |
| Accounts Payable | 134.0M | 141.0M | 137.0M | 119.0M | 84.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 160.0M | 138.0M | 123.0M | 51.4M | 39.5M |
| Total Current Liabilities | 577.0M | 591.0M | 452.0M | 323.0M | 281.0M |
| Long Term Borrowings | 21.0M | 35.0M | 100.0M | -- | 50.0M |
| Total Non Current Liabilities | 34.5M | 49.0M | 113.0M | 9.8M | 55.9M |
| Total Liabilities | 611.0M | 640.0M | 564.0M | 333.0M | 336.0M |
| Paid In Capital | 77.2M | 77.2M | 77.2M | 77.2M | 57.9M |
| Capital Reserve | 439.0M | 442.0M | 439.0M | 440.0M | 185.0M |
| Surplus Reserve | 38.6M | 38.6M | 38.6M | 35.9M | 25.8M |
| Retained Earnings | 269.0M | 302.0M | 310.0M | 250.0M | 187.0M |
| Minority Equity | 15.8M | 6.5M | 10.9M | 4.0M | 4.0M |
| Equity Attributable | 753.0M | 798.0M | 838.0M | 803.0M | 456.0M |
| Total Equity | 769.0M | 804.0M | 849.0M | 807.0M | 459.0M |
| 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 | 425.0M | 461.0M | 503.0M | 365.0M | 333.0M |
| Tax Refunds Received | 9.3M | 23.6M | 9.5M | 19.8M | 12.4M |
| Total Operating Cash Inflow | 475.0M | 525.0M | 549.0M | 401.0M | 379.0M |
| Cash Paid For Goods | 168.0M | 180.0M | 216.0M | 171.0M | 99.4M |
| Cash Paid To Employees | 121.0M | 112.0M | 97.3M | 90.0M | 73.1M |
| Taxes Paid | 25.9M | 57.7M | 44.9M | 40.8M | 33.9M |
| Total Operating Cash Outflow | 375.0M | 435.0M | 446.0M | 362.0M | 262.0M |
| Operating Cash Flow | 99.5M | 89.8M | 103.0M | 39.8M | 117.0M |
| Total Investing Cash Inflow | 65.2M | 186.0M | 355.0M | 243.0M | 114,000 |
| Total Investing Cash Outflow | 102.0M | 348.0M | 443.0M | 493.0M | 62.5M |
| Investing Cash Flow | -36.7M | -162.0M | -88.5M | -250.0M | -62.4M |
| Cash From Borrowings | 228.0M | 190.0M | 206.0M | 10.0M | 153.0M |
| Dividends And Interest Paid | 18.0M | 43.5M | 41.7M | 26.1M | 32.9M |
| Debt Repayments | 252.0M | 121.0M | 89.1M | 64.0M | 79.5M |
| Total Financing Cash Inflow | 241.0M | 190.0M | 214.0M | 306.0M | 155.0M |
| Total Financing Cash Outflow | 286.0M | 212.0M | 164.0M | 108.0M | 115.0M |
| Financing Cash Flow | -44.4M | -22.1M | 50.1M | 199.0M | 40.5M |
| Net Change In Cash | 18.4M | -94.2M | 63.6M | -11.6M | 95.3M |
| Ending Cash Balance | 132.0M | 114.0M | 208.0M | 145.0M | 156.0M |
| Capex | 38.7M | 72.7M | 101.0M | 84.8M | 62.5M |