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 | 187.0M | 576.0M | 789.0M | 313.0M | 376.0M | 343.0M | 189.0M | 91.1M | 103.0M | 44.7M | 20.1M | 710,300 |
| Revenue Growth % | -67.5% | -27.0% | 152.1% | -16.8% | 9.6% | 81.5% | 107.4% | -11.5% | 130.7% | 122.5% | 2725.5% | -- |
| Total Revenue | 187.0M | 576.0M | 789.0M | 313.0M | 376.0M | 343.0M | 189.0M | 91.1M | 103.0M | 44.7M | 20.1M | 710,300 |
| Cost Of Revenue | 143.0M | 336.0M | 544.0M | 188.0M | 242.0M | 223.0M | 114.0M | 64.8M | 62.8M | 27.9M | 15.1M | 802,300 |
| Gross Profit | 44.0M | 240.0M | 245.0M | 125.0M | 134.0M | 120.0M | 75.0M | 26.4M | 40.2M | 16.7M | 5.0M | -92,000 |
| Gross Margin % | 23.5% | 41.7% | 31.1% | 39.9% | 35.6% | 35.0% | 39.7% | 28.9% | 39.0% | 37.5% | 24.8% | -13.0% |
| Total Operating Cost | 261.0M | 483.0M | 667.0M | 261.0M | 309.0M | 279.0M | 152.0M | 89.2M | 83.3M | 42.1M | 22.9M | 7.1M |
| Selling Expenses | 14.2M | 14.6M | 11.9M | 10.9M | 9.1M | 9.4M | 7.3M | 3.1M | 4.2M | 1.8M | 947,200 | 470,800 |
| Admin Expenses | 72.1M | 57.1M | 43.5M | 31.7M | 24.1M | 20.6M | 14.5M | 10.6M | 8.4M | 10.2M | 5.2M | 4.3M |
| Rd Expenses | 33.9M | 32.1M | 32.3M | 29.6M | 22.4M | 20.5M | 10.7M | 5.6M | 4.8M | -- | -- | -- |
| Finance Expenses | -1.1M | -3.2M | -4.0M | -7.3M | -4.0M | -1.9M | -31,100 | 1.6M | 1.6M | 1.5M | 1.3M | 1.5M |
| Operating Income | -56.7M | 120.0M | 133.0M | 70.6M | 75.5M | 77.6M | 38.8M | 4.4M | 19.7M | 2.6M | -2.9M | -6.4M |
| Operating Margin % | -30.3% | 20.8% | 16.9% | 22.6% | 20.1% | 22.6% | 20.5% | 4.9% | 19.2% | 5.8% | -14.3% | -901.3% |
| Non Operating Income | 364,500 | 180,100 | 298,300 | 8,300 | 10,100 | 60,000 | 510,300 | 1.0M | 1.3M | 538,500 | 489,500 | 1.9M |
| Non Operating Expenses | 4.4M | 12.5M | 1.4M | 642,700 | 336,700 | 103,600 | 4,900 | 2,300 | 17,000 | 3,500 | -- | -- |
| Investment Income | 8.6M | 12.1M | 7.5M | 9.7M | 3.9M | 510,000 | 390,400 | -- | -- | -- | -- | -- |
| Fair Value Change Income | 543,700 | 61,900 | 3.7M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -225,700 | 545,000 | -4.7M | 11,900 | -2,700 | -66,200 | -13,900 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -5.8M | 16.4M | 11.4M | -1.6M | 6.9M | 101,100 | 1.5M | 2.4M | 329,400 | 278,000 | 301,100 | 8,400 |
| Other Income | 8.7M | 14.1M | 3.6M | 9.2M | 4.6M | 12.6M | 1.4M | 2.5M | -- | -- | -- | -- |
| Income Before Tax | -60.7M | 107.0M | 132.0M | 70.0M | 75.1M | 77.5M | 39.3M | 5.4M | 21.0M | 3.1M | -2.4M | -4.5M |
| Income Tax | -5.5M | 10.6M | 17.4M | 5.4M | 8.4M | 13.4M | 6.2M | -862,900 | 2.9M | 704,900 | -4,074 | -- |
| Net Income | -55.2M | 96.6M | 114.0M | 64.6M | 66.7M | 64.1M | 33.1M | 6.3M | 18.1M | 2.4M | -2.4M | -4.5M |
| Net Margin % | -29.5% | 16.8% | 14.4% | 20.6% | 17.7% | 18.7% | 17.5% | 6.9% | 17.6% | 5.4% | -11.9% | -639.2% |
| Net Income Attributable | -50.4M | 100.0M | 116.0M | 64.6M | 66.7M | 64.1M | 33.1M | 6.3M | 18.1M | 2.4M | -2.4M | -4.5M |
| Minority Interest | -4.8M | -3.5M | -1.1M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.35 | 0.68 | 0.78 | 0.64 | 1.11 | 1.23 | 0.67 | 0.14 | 0.41 | 0.19 | -0.24 | -0.45 |
| Eps Diluted | -0.35 | 0.68 | 0.78 | 0.64 | 1.11 | 1.23 | 0.67 | 0.14 | 0.41 | 0.19 | -0.24 | -0.45 |
| 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 | 502.0M | 631.0M | 850.0M | 804.0M | 828.0M | 151.0M | 123.0M | 24.8M | 21.6M | 6.2M | 1.1M | 7.4M |
| Trading Financial Assets | 101.0M | -- | 5,300 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 166.0M | 141.0M | 130.0M | 158.0M | 93.3M | 87.1M | 26.3M | 44.8M | 13.1M | 5.9M | 3.7M | 12,500 |
| Notes Receivable | 2.7M | 9.7M | 7.7M | 4.9M | -- | 1.3M | 12.2M | 14.6M | 2.2M | -- | 240,000 | -- |
| Notes And Accounts Receivable | 168.0M | 150.0M | 138.0M | 163.0M | 93.3M | 88.4M | 38.5M | 59.4M | 15.3M | 5.9M | 3.9M | 12,500 |
| Prepayments | 10.5M | 3.8M | 8.7M | 10.8M | 12.6M | 20.8M | 9.1M | 4.3M | 2.4M | 3.1M | 2.6M | 3.6M |
| Inventory | 70.7M | 47.9M | 81.8M | 41.0M | 57.4M | 114.0M | 94.3M | 20.0M | 44.5M | 28.9M | 4.5M | 8.4M |
| Total Current Assets | 1.0B | 1.1B | 1.2B | 1.1B | 1.1B | 381.0M | 295.0M | 109.0M | 90.7M | 46.9M | 13.3M | 19.7M |
| Long Term Equity Investment | 13.7M | 13.9M | 16,400 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 202.0M | 117.0M | 178.0M | 24.5M | 10.3M | 28.9M | 8.2M | -- | 792,800 | 283,400 | 12.7M |
| Fixed Assets Total | 209.0M | 202.0M | 117.0M | 178.0M | 24.5M | 10.3M | 28.9M | 8.2M | 5.6M | 792,800 | 283,400 | 12.7M |
| Construction In Progress | -- | 4.3M | 31.1M | 220,500 | 15.2M | 10.2M | 1.0M | 50,600 | -- | 506,500 | -- | -- |
| Construction In Progress Total | 3.9M | 4.3M | 31.1M | 220,500 | 15.2M | 10.2M | 1.0M | 50,600 | 2.1M | 506,500 | -- | -- |
| Intangible Assets | 45.4M | 47.0M | 47.4M | 1.6M | 1.2M | 1.2M | 1.3M | 1.3M | 1.3M | 1.4M | 1.4M | 2.0M |
| Long Term Deferred Expenses | 10.0M | 12.1M | 9.4M | 1.9M | 2.2M | 2.7M | 2.5M | 232,700 | -- | -- | 1.5M | 1.6M |
| Total Non Current Assets | 364.0M | 394.0M | 305.0M | 289.0M | 148.0M | 34.7M | 43.8M | 20.9M | 19.9M | 14.2M | 15.3M | 16.2M |
| Total Assets | 1.4B | 1.5B | 1.5B | 1.4B | 1.2B | 416.0M | 339.0M | 130.0M | 111.0M | 61.1M | 28.6M | 36.0M |
| Short Term Borrowings | 2.4M | 1.6M | -- | -- | -- | -- | -- | 18.0M | 23.0M | 18.0M | 20.0M | 23.0M |
| Accounts Payable | 120.0M | 223.0M | 225.0M | 139.0M | 95.1M | 99.2M | 55.9M | 31.8M | 24.4M | 11.6M | 2.3M | 681,300 |
| Advance Receipts | -- | -- | -- | -- | 330,000 | 41.8M | 123.0M | 9.3M | 1.5M | 1.2M | 3.0M | 9.0M |
| Contract Liabilities | 14.6M | 8.2M | 27.8M | 109.0M | 32.8M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 194.0M | 266.0M | 301.0M | 270.0M | 153.0M | 165.0M | 207.0M | 68.1M | 53.2M | 34.4M | 31.6M | 36.6M |
| Total Non Current Liabilities | 10.3M | 8.8M | 14.1M | 11.6M | 2.2M | 3.3M | 3.9M | -- | 2.2M | -- | -- | -- |
| Total Liabilities | 205.0M | 275.0M | 315.0M | 281.0M | 155.0M | 168.0M | 211.0M | 68.1M | 55.3M | 34.4M | 31.6M | 36.6M |
| Paid In Capital | 148.0M | 148.0M | 102.0M | 72.5M | 72.5M | 54.3M | 29.7M | 26.8M | 26.8M | 17.0M | 10.0M | 10.0M |
| Capital Reserve | 771.0M | 768.0M | 807.0M | 832.0M | 829.0M | 83.3M | 48.2M | 18.1M | 16.7M | 16.6M | -- | -- |
| Surplus Reserve | 37.0M | 37.0M | 28.7M | 16.8M | 12.3M | 8.3M | 4.2M | 2.5M | 2.3M | 641,600 | -- | -- |
| Retained Earnings | 236.0M | 337.0M | 284.0M | 203.0M | 164.0M | 102.0M | 46.1M | 14.7M | 9.5M | -7.5M | -13.0M | -10.6M |
| Minority Equity | -64,200 | 4.2M | 7.6M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 1.2B | 1.3B | 1.2B | 1.1B | 1.1B | 248.0M | 128.0M | 62.1M | 55.2M | 26.7M | -3.0M | -590,400 |
| Total Equity | 1.2B | 1.3B | 1.2B | 1.1B | 1.1B | 248.0M | 128.0M | 62.1M | 55.2M | 26.7M | -3.0M | -590,400 |
| 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 | 363.0M | 376.0M | 715.0M | 368.0M | 243.0M | 230.0M | 307.0M | 102.0M | 101.0M | 45.1M | 12.7M | 12.1M |
| Tax Refunds Received | 6.9M | 12.0M | 4.6M | 2.2M | 1.8M | 1.0M | 1.1M | 4.0M | 777,600 | -- | -- | -- |
| Total Operating Cash Inflow | 421.0M | 431.0M | 744.0M | 391.0M | 257.0M | 268.0M | 315.0M | 119.0M | 113.0M | 46.3M | 19.7M | 14.5M |
| Cash Paid For Goods | 193.0M | 260.0M | 439.0M | 206.0M | 229.0M | 214.0M | 117.0M | 62.3M | 66.2M | 45.5M | 9.0M | 12.2M |
| Cash Paid To Employees | 73.2M | 63.3M | 46.4M | 39.0M | 29.7M | 22.0M | 21.6M | 13.1M | 7.2M | 6.0M | 1.8M | 1.6M |
| Taxes Paid | 21.8M | 53.1M | 34.3M | 25.7M | 29.9M | 32.1M | 24.2M | 8.4M | 13.0M | 3.6M | 235,200 | 144,900 |
| Total Operating Cash Outflow | 331.0M | 443.0M | 580.0M | 331.0M | 323.0M | 306.0M | 202.0M | 97.7M | 111.0M | 65.1M | 20.0M | 21.4M |
| Operating Cash Flow | 90.1M | -12.2M | 164.0M | 60.1M | -65.5M | -38.7M | 112.0M | 21.5M | 2.5M | -18.8M | -261,500 | -6.9M |
| Total Investing Cash Inflow | 3.0B | 2.8B | 2.5B | 1.6B | 104.0M | 81.0M | 46.5M | -- | -- | 1.4M | -- | -- |
| Total Investing Cash Outflow | 3.2B | 2.9B | 2.6B | 1.6B | 121.0M | 60.2M | 90.1M | 4.0M | 5.7M | 1.1M | -- | 177,500 |
| Investing Cash Flow | -148.0M | -140.0M | -91.8M | -74.7M | -16.7M | 20.8M | -43.6M | -4.0M | -5.7M | 283,200 | -- | -177,500 |
| Cash From Borrowings | 2.4M | 1.6M | -- | -- | -- | -- | -- | 21.0M | 30.0M | 18.0M | 25.5M | 23.0M |
| Dividends And Interest Paid | 51.0M | 38.7M | 22.5M | 20.3M | -- | 4.5M | 141,000 | 1.8M | 1.2M | 1.5M | 1.4M | 1.5M |
| Debt Repayments | 1.6M | -- | -- | -- | -- | -- | 18.2M | 26.0M | 25.0M | 20.0M | 28.5M | 24.0M |
| Total Financing Cash Inflow | 12.4M | 6.2M | 120,000 | -- | 783.0M | 60.0M | 33.1M | 25.1M | 60.0M | 94.0M | 85.8M | 64.2M |
| Total Financing Cash Outflow | 59.0M | 83.3M | 29.5M | 28.2M | 18.7M | 4.8M | 18.5M | 32.2M | 46.6M | 74.5M | 88.4M | 61.3M |
| Financing Cash Flow | -46.6M | -77.1M | -29.4M | -28.2M | 764.0M | 55.2M | 14.6M | -7.1M | 13.4M | 19.5M | -2.6M | 2.9M |
| Net Change In Cash | -104.0M | -229.0M | 42.6M | -42.7M | 682.0M | 37.3M | 83.2M | 10.4M | 10.2M | 1.0M | -2.8M | -4.1M |
| Ending Cash Balance | 491.0M | 595.0M | 824.0M | 782.0M | 825.0M | 143.0M | 105.0M | 22.2M | 11.8M | 1.7M | 640,700 | 3.5M |
| Capex | 56.4M | 146.0M | 104.0M | 84.4M | 20.6M | 5.2M | 26.8M | 4.0M | 5.7M | 1.1M | -- | 177,500 |