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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 418.0M | 411.0M | 244.0M | 256.0M | 289.0M | 345.0M | 277.0M | 136.0M | 258.0M |
| Revenue Growth % | 1.7% | 68.4% | -4.7% | -11.4% | -16.2% | 24.5% | 103.7% | -47.3% | -- |
| Total Revenue | 418.0M | 411.0M | 244.0M | 256.0M | 289.0M | 345.0M | 277.0M | 136.0M | 258.0M |
| Cost Of Revenue | 188.0M | 221.0M | 139.0M | 171.0M | 144.0M | 197.0M | 166.0M | 95.3M | 136.0M |
| Gross Profit | 230.0M | 190.0M | 105.0M | 85.0M | 145.0M | 148.0M | 111.0M | 40.7M | 122.0M |
| Gross Margin % | 55.0% | 46.2% | 43.0% | 33.2% | 50.2% | 42.9% | 40.1% | 29.9% | 47.3% |
| Total Operating Cost | 611.0M | 528.0M | 419.0M | 316.0M | 257.0M | 318.0M | 279.0M | 185.0M | 240.0M |
| Selling Expenses | 155.0M | 104.0M | 75.5M | 27.7M | 21.6M | 29.3M | 25.4M | 15.7M | 11.2M |
| Admin Expenses | 96.9M | 95.3M | 92.1M | 60.5M | 60.1M | 50.6M | 43.6M | 31.3M | 32.9M |
| Rd Expenses | 89.9M | 63.2M | 63.9M | 47.7M | 26.3M | 27.9M | 34.3M | 34.2M | 18.9M |
| Finance Expenses | 12.9M | 10.5M | 398,400 | -2.2M | 1.6M | 5.1M | -2.1M | 2.3M | 1.2M |
| Operating Income | -164.0M | -92.0M | -142.0M | -43.8M | 49.6M | 35.2M | 8.2M | -44.7M | 17.8M |
| Operating Margin % | -39.2% | -22.4% | -58.2% | -17.1% | 17.1% | 10.2% | 3.0% | -32.9% | 6.9% |
| Non Operating Income | 408,600 | 140,200 | 139,600 | 4.1M | 114,700 | 3.3M | 36,800 | 26,100 | 4.6M |
| Non Operating Expenses | 1.9M | 177,300 | 450,200 | 2.5M | 2.5M | 352,200 | 723,200 | 64,800 | 383,600 |
| Investment Income | 7.0M | 12.6M | 6.9M | 7.8M | 1.7M | -4.7M | 1.4M | 1.8M | 874,900 |
| Fair Value Change Income | 10.8M | 1.5M | 9.9M | 311,900 | 1.3M | -- | -- | -- | -- |
| Asset Disposal Income | -- | 70,400 | 31,200 | 1.6M | -- | -- | -152,500 | 18,600 | -558,800 |
| Asset Impairment Loss | 65.2M | 23.7M | 35.4M | 10.5M | 953,300 | 1.8M | 8.2M | 3.2M | 36.6M |
| Other Income | 11.3M | 10.4M | 15.8M | 6.7M | 14.3M | 12.7M | 8.6M | 2.3M | -- |
| Income Before Tax | -166.0M | -92.1M | -142.0M | -42.3M | 47.2M | 38.1M | 7.5M | -44.7M | 22.1M |
| Income Tax | -27.2M | -16.0M | -18.3M | -12.3M | 7.4M | 4.5M | -1.1M | -6.7M | 7.9M |
| Net Income | -139.0M | -76.1M | -124.0M | -30.0M | 39.8M | 33.6M | 8.6M | -38.0M | 14.2M |
| Net Margin % | -33.3% | -18.5% | -50.8% | -11.7% | 13.8% | 9.8% | 3.1% | -27.9% | 5.5% |
| Net Income Attributable | -141.0M | -76.1M | -124.0M | -30.0M | 39.8M | 33.6M | 8.6M | -38.0M | 14.2M |
| Minority Interest | 2.4M | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.34 | -0.18 | -0.30 | -0.07 | 0.10 | 0.09 | -- | -- | -- |
| Eps Diluted | -0.34 | -0.18 | -0.30 | -0.07 | 0.10 | 0.09 | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 335.0M | 225.0M | 135.0M | 443.0M | 245.0M | 130.0M | 81.4M | 159.0M | 32.3M |
| Trading Financial Assets | 106.0M | 216.0M | 352.0M | 163.0M | 536.0M | -- | -- | -- | -- |
| Accounts Receivable | 139.0M | 182.0M | 114.0M | 58.3M | 122.0M | 151.0M | 142.0M | 44.5M | 64.6M |
| Notes Receivable | 12.9M | 10.9M | 5.6M | 11.9M | 1.4M | 10.4M | 8.0M | 11.8M | 433,300 |
| Notes And Accounts Receivable | 152.0M | 193.0M | 119.0M | 70.1M | 123.0M | 162.0M | 150.0M | 56.3M | 65.0M |
| Prepayments | 5.6M | 29.1M | 13.3M | 8.4M | 3.2M | 4.7M | 3.3M | 5.7M | 5.8M |
| Inventory | 255.0M | 185.0M | 156.0M | 114.0M | 88.1M | 65.7M | 67.8M | 69.3M | 30.7M |
| Total Current Assets | 895.0M | 872.0M | 802.0M | 827.0M | 1.0B | 368.0M | 310.0M | 305.0M | 167.0M |
| Long Term Equity Investment | -- | 91.9M | 90.6M | 8.2M | 1.9M | 3.3M | 3.9M | 3.9M | -- |
| Fixed Assets | -- | 433.0M | 407.0M | 227.0M | 239.0M | 248.0M | 253.0M | 223.0M | -- |
| Fixed Assets Total | 424.0M | 433.0M | 407.0M | 227.0M | 239.0M | 248.0M | 253.0M | 223.0M | 176.0M |
| Construction In Progress | -- | 3.1M | 36.8M | 95.2M | 17.2M | 3.3M | 3.8M | 18.8M | -- |
| Construction In Progress Total | 2.2M | 3.1M | 36.8M | 95.2M | 17.2M | 3.3M | 3.8M | 18.8M | 2.3M |
| Intangible Assets | 175.0M | 115.0M | 118.0M | 128.0M | 54.4M | 57.3M | 60.8M | 61.6M | 61.2M |
| Long Term Deferred Expenses | 31.5M | 7.3M | 5.7M | 6.0M | 7.0M | 6.0M | 4.8M | 3.1M | 832,400 |
| Total Non Current Assets | 975.0M | 874.0M | 853.0M | 608.0M | 440.0M | 413.0M | 399.0M | 354.0M | 276.0M |
| Total Assets | 1.9B | 1.7B | 1.7B | 1.4B | 1.4B | 781.0M | 709.0M | 659.0M | 444.0M |
| Short Term Borrowings | 221.0M | 256.0M | 145.0M | -- | -- | 132.0M | 101.0M | 60.0M | 40.0M |
| Accounts Payable | 88.9M | 110.0M | 109.0M | 49.0M | 25.3M | 36.0M | 44.8M | 49.8M | 42.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 16.7M | 3.5M | 1.5M | 1.1M |
| Contract Liabilities | 13.1M | 6.3M | 33.1M | 2.4M | 8.4M | -- | -- | -- | -- |
| Total Current Liabilities | 649.0M | 492.0M | 332.0M | 92.5M | 73.0M | 209.0M | 175.0M | 133.0M | 130.0M |
| Long Term Borrowings | 90.5M | 69.9M | 60.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 153.0M | 129.0M | 125.0M | 32.3M | 14.0M | 15.6M | 11.1M | 11.7M | 13.2M |
| Total Liabilities | 802.0M | 621.0M | 457.0M | 125.0M | 87.0M | 225.0M | 186.0M | 145.0M | 143.0M |
| Paid In Capital | 421.0M | 421.0M | 420.0M | 420.0M | 420.0M | 360.0M | 160.0M | 160.0M | 135.0M |
| Capital Reserve | 884.0M | 888.0M | 886.0M | 874.0M | 874.0M | 170.0M | 342.0M | 342.0M | 116.0M |
| Surplus Reserve | 9.3M | 9.3M | 9.3M | 9.3M | 9.3M | 6.1M | 22.5M | 19.5M | 19.5M |
| Retained Earnings | -335.0M | -193.0M | -117.0M | 6.8M | 57.0M | 20.4M | -2.2M | -7.9M | 30.1M |
| Minority Equity | 86.2M | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 981.0M | 1.1B | 1.2B | 1.3B | 1.4B | 556.0M | 523.0M | 514.0M | 300.0M |
| Total Equity | 1.1B | 1.1B | 1.2B | 1.3B | 1.4B | 556.0M | 523.0M | 514.0M | 300.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 504.0M | 369.0M | 252.0M | 312.0M | 335.0M | 372.0M | 204.0M | 152.0M | 230.0M |
| Tax Refunds Received | 3.6M | 4.4M | 14.0M | 4.1M | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 598.0M | 392.0M | 319.0M | 349.0M | 359.0M | 401.0M | 227.0M | 156.0M | 235.0M |
| Cash Paid For Goods | 220.0M | 267.0M | 197.0M | 214.0M | 168.0M | 202.0M | 134.0M | 124.0M | 109.0M |
| Cash Paid To Employees | 115.0M | 124.0M | 92.3M | 64.5M | 58.2M | 50.7M | 45.6M | 33.0M | 32.9M |
| Taxes Paid | 26.5M | 26.7M | 7.3M | 15.7M | 22.7M | 18.2M | 10.7M | 19.9M | 25.9M |
| Total Operating Cash Outflow | 635.0M | 558.0M | 412.0M | 361.0M | 303.0M | 345.0M | 261.0M | 223.0M | 204.0M |
| Operating Cash Flow | -37.5M | -166.0M | -92.6M | -12.4M | 56.2M | 56.2M | -33.5M | -67.2M | 31.3M |
| Total Investing Cash Inflow | 841.0M | 1.1B | 945.0M | 1.9B | 506.0M | 527,200 | 142.0M | 114.0M | 129.0M |
| Total Investing Cash Outflow | 756.0M | 1.0B | 1.4B | 1.6B | 1.1B | 37.5M | 225.0M | 170.0M | 151.0M |
| Investing Cash Flow | 85.1M | 73.4M | -406.0M | 231.0M | -574.0M | -37.0M | -82.5M | -56.4M | -22.3M |
| Cash From Borrowings | 411.0M | 395.0M | 205.0M | -- | 60.0M | 132.0M | 101.0M | 60.0M | 40.0M |
| Dividends And Interest Paid | 15.9M | 11.7M | 3.5M | 20.2M | 3.1M | 5.6M | 3.2M | 1.1M | 12.8M |
| Debt Repayments | 336.0M | 195.0M | -- | -- | 192.0M | 101.0M | 60.0M | 40.0M | 21.1M |
| Total Financing Cash Inflow | 411.0M | 401.0M | 205.0M | -- | 838.0M | 132.0M | 101.0M | 294.0M | 40.0M |
| Total Financing Cash Outflow | 356.0M | 210.0M | 9.0M | 22.9M | 211.0M | 109.0M | 63.2M | 41.1M | 34.0M |
| Financing Cash Flow | 54.9M | 191.0M | 196.0M | -22.9M | 627.0M | 23.4M | 37.8M | 253.0M | 6.0M |
| Net Change In Cash | 102.0M | 98.0M | -302.0M | 195.0M | 108.0M | 42.6M | -78.6M | 126.0M | 15.2M |
| Ending Cash Balance | 324.0M | 222.0M | 124.0M | 426.0M | 230.0M | 122.0M | 79.6M | 158.0M | 32.3M |
| Capex | 44.6M | 71.2M | 140.0M | 94.8M | 42.4M | 33.5M | 89.5M | 85.8M | 71.0M |