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 | 952.0M | 884.0M | 532.0M | 464.0M | 500.0M |
| Revenue Growth % | 7.7% | 66.2% | 14.7% | -7.2% | -- |
| Total Revenue | 952.0M | 884.0M | 532.0M | 464.0M | 500.0M |
| Cost Of Revenue | 517.0M | 532.0M | 327.0M | 241.0M | 238.0M |
| Gross Profit | 435.0M | 352.0M | 205.0M | 223.0M | 262.0M |
| Gross Margin % | 45.7% | 39.8% | 38.5% | 48.1% | 52.4% |
| Total Operating Cost | 944.0M | 987.0M | 779.0M | 597.0M | 470.0M |
| Selling Expenses | 115.0M | 112.0M | 114.0M | 90.1M | 50.4M |
| Admin Expenses | 82.4M | 78.9M | 81.8M | 73.7M | 47.6M |
| Rd Expenses | 182.0M | 176.0M | 161.0M | 122.0M | 68.3M |
| Finance Expenses | 18.7M | 15.2M | 2.0M | 17.7M | 16.5M |
| Operating Income | 37.7M | -91.4M | -225.0M | -112.0M | 43.7M |
| Operating Margin % | 4.0% | -10.3% | -42.3% | -24.1% | 8.7% |
| Non Operating Income | 965,400 | 276,800 | 47,400 | 2,000 | 235,300 |
| Non Operating Expenses | 886,400 | 788,600 | 108,000 | 47,200 | 156,200 |
| Investment Income | 7.1M | 232,100 | 958,100 | 6.3M | 2.2M |
| Fair Value Change Income | -- | 1,500 | -- | 444,400 | 404,800 |
| Asset Disposal Income | 19,400 | 10,600 | 243,800 | -- | -- |
| Asset Impairment Loss | 24.6M | 22.4M | 15.3M | 5.8M | 11.9M |
| Other Income | 22.4M | 10.7M | 19.7M | 14.5M | 11.6M |
| Income Before Tax | 37.7M | -92.0M | -225.0M | -112.0M | 43.8M |
| Income Tax | -1.2M | -10.1M | -7.8M | -5.5M | 113,900 |
| Net Income | 38.9M | -81.9M | -218.0M | -106.0M | 43.7M |
| Net Margin % | 4.1% | -9.3% | -41.0% | -22.8% | 8.7% |
| Net Income Attributable | 27.4M | -86.6M | -215.0M | -102.0M | 43.1M |
| Minority Interest | 11.5M | 4.7M | -2.7M | -4.8M | 593,100 |
| Eps Basic | 0.14 | -0.45 | -1.11 | -0.52 | 0.26 |
| Eps Diluted | 0.14 | -0.45 | -1.11 | -0.52 | 0.26 |
| 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 | 319.0M | 212.0M | 216.0M | 280.0M | 343.0M |
| Trading Financial Assets | -- | 501,500 | -- | 81.0M | 257.0M |
| Accounts Receivable | 594.0M | 482.0M | 546.0M | 584.0M | 532.0M |
| Notes Receivable | 10.7M | 6.9M | 3.4M | 3.8M | 2.3M |
| Notes And Accounts Receivable | 605.0M | 488.0M | 549.0M | 588.0M | 534.0M |
| Prepayments | 26.7M | 89.2M | 69.2M | 83.7M | 28.0M |
| Inventory | 614.0M | 652.0M | 395.0M | 239.0M | 175.0M |
| Total Current Assets | 1.6B | 1.5B | 1.3B | 1.4B | 1.4B |
| Long Term Equity Investment | 3.8M | 598,000 | 961,500 | 29.5M | 30.3M |
| Fixed Assets | -- | 41.1M | 33.4M | 30.0M | 10.0M |
| Fixed Assets Total | 19.9M | 41.1M | 33.4M | 30.0M | 10.0M |
| Construction In Progress | -- | 1.3M | 14.5M | -- | 10.2M |
| Construction In Progress Total | 1.2M | 1.3M | 14.5M | -- | 10.2M |
| Intangible Assets | 109.0M | 96.0M | 76.4M | 54.1M | 22.1M |
| Long Term Deferred Expenses | 3.0M | 9.5M | 11.7M | 9.9M | 7.6M |
| Total Non Current Assets | 324.0M | 331.0M | 323.0M | 227.0M | 108.0M |
| Total Assets | 1.9B | 1.9B | 1.6B | 1.6B | 1.5B |
| Short Term Borrowings | 291.0M | 310.0M | 195.0M | 137.0M | 50.1M |
| Accounts Payable | 259.0M | 348.0M | 180.0M | 144.0M | 125.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 206.0M | 157.0M | 85.8M | 16.0M | 2.6M |
| Total Current Liabilities | 884.0M | 919.0M | 589.0M | 373.0M | 238.0M |
| Total Non Current Liabilities | 38.5M | 54.8M | 59.1M | 61.4M | 6.0M |
| Total Liabilities | 923.0M | 974.0M | 648.0M | 435.0M | 244.0M |
| Paid In Capital | 194.0M | 194.0M | 194.0M | 194.0M | 194.0M |
| Capital Reserve | 906.0M | 853.0M | 860.0M | 859.0M | 856.0M |
| Surplus Reserve | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M |
| Retained Earnings | -195.0M | -223.0M | -136.0M | 78.3M | 193.0M |
| Minority Equity | 120.0M | 64.2M | 55.0M | 21.0M | 1.1M |
| Equity Attributable | 906.0M | 826.0M | 920.0M | 1.1B | 1.3B |
| Total Equity | 1.0B | 891.0M | 975.0M | 1.2B | 1.3B |
| 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 | 1.0B | 995.0M | 690.0M | 392.0M | 322.0M |
| Tax Refunds Received | 22.9M | 10.9M | 20.8M | 15.6M | 9.9M |
| Total Operating Cash Inflow | 1.1B | 1.0B | 732.0M | 419.0M | 346.0M |
| Cash Paid For Goods | 497.0M | 580.0M | 411.0M | 331.0M | 216.0M |
| Cash Paid To Employees | 305.0M | 307.0M | 242.0M | 171.0M | 120.0M |
| Taxes Paid | 18.5M | 17.1M | 33.7M | 40.2M | 30.9M |
| Total Operating Cash Outflow | 941.0M | 1.0B | 797.0M | 649.0M | 432.0M |
| Operating Cash Flow | 112.0M | -9.9M | -65.0M | -230.0M | -86.7M |
| Total Investing Cash Inflow | 308.0M | 276.0M | 210.0M | 1.5B | 384.0M |
| Total Investing Cash Outflow | 361.0M | 330.0M | 267.0M | 1.4B | 668.0M |
| Investing Cash Flow | -53.5M | -54.2M | -57.3M | 94.5M | -284.0M |
| Cash From Borrowings | 350.0M | 351.0M | 225.0M | 233.0M | 185.0M |
| Dividends And Interest Paid | 18.7M | 11.4M | 7.6M | 18.4M | 7.3M |
| Debt Repayments | 345.0M | 267.0M | 137.0M | 146.0M | 234.0M |
| Total Financing Cash Inflow | 449.0M | 365.0M | 235.0M | 252.0M | 936.0M |
| Total Financing Cash Outflow | 404.0M | 304.0M | 174.0M | 176.0M | 300.0M |
| Financing Cash Flow | 44.8M | 60.4M | 60.9M | 75.9M | 636.0M |
| Net Change In Cash | 103.0M | -4.5M | -62.9M | -63.4M | 260.0M |
| Ending Cash Balance | 308.0M | 205.0M | 210.0M | 272.0M | 336.0M |
| Capex | 51.6M | 54.4M | 72.0M | 69.3M | 14.3M |