Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 150.0M | 77.8M | 140.0M | 111.0M | 208.0M |
| Revenue Growth % | 92.9% | -44.5% | 26.1% | -46.6% | -- |
| Total Revenue | 150.0M | 77.8M | 140.0M | 111.0M | 208.0M |
| Cost Of Revenue | 76.5M | 47.0M | 57.4M | 40.6M | 56.0M |
| Gross Profit | 73.5M | 30.7M | 82.6M | 70.4M | 152.0M |
| Gross Margin % | 49.0% | 39.5% | 59.0% | 63.4% | 73.1% |
| Total Operating Cost | 125.0M | 123.0M | 111.0M | 80.6M | 94.2M |
| Selling Expenses | 6.3M | 6.6M | 5.9M | 5.4M | 4.5M |
| Admin Expenses | 18.2M | 19.8M | 24.8M | 20.6M | 18.5M |
| Rd Expenses | 20.9M | 22.0M | 16.0M | 14.2M | 11.7M |
| Finance Expenses | -1.3M | -1.1M | -1.1M | -1.4M | 517,500 |
| Operating Income | 35.8M | -31.1M | 47.5M | 48.8M | 128.0M |
| Operating Margin % | 23.9% | -40.0% | 33.9% | 43.9% | 61.5% |
| Non Operating Income | 38,200 | 32,700 | 9.3M | 2.2M | 4.7M |
| Non Operating Expenses | 1,300 | 50,800 | 39,600 | 116,400 | 48,900 |
| Investment Income | 6.9M | 10.2M | 12.1M | 15.3M | 3.5M |
| Asset Disposal Income | -- | -- | -1,900 | 62,400 | 74,800 |
| Asset Impairment Loss | 7.8M | 10.8M | 2.0M | 323,200 | 159,300 |
| Other Income | 3.6M | 3.6M | 5.7M | 3.3M | 11.1M |
| Income Before Tax | 35.8M | -31.1M | 56.7M | 50.9M | 133.0M |
| Income Tax | 5.5M | -5.0M | 7.0M | 6.0M | 18.6M |
| Net Income | 30.4M | -26.1M | 49.7M | 44.9M | 115.0M |
| Net Margin % | 20.2% | -33.6% | 35.5% | 40.5% | 55.3% |
| Net Income Attributable | 34.1M | -26.1M | 49.7M | 44.9M | 115.0M |
| Minority Interest | -3.8M | -- | -- | -- | -- |
| Eps Basic | 0.33 | -0.25 | 0.63 | 0.56 | 1.68 |
| Eps Diluted | 0.33 | -0.25 | 0.63 | 0.56 | 1.68 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 114.0M | 130.0M | 158.0M | 142.0M | 185.0M |
| Trading Financial Assets | 424.0M | 425.0M | 435.0M | 440.0M | 394.0M |
| Accounts Receivable | 117.0M | 125.0M | 134.0M | 66.5M | 103.0M |
| Notes Receivable | 66.9M | 27.2M | 33.1M | 46.4M | 66.6M |
| Notes And Accounts Receivable | 184.0M | 152.0M | 167.0M | 113.0M | 170.0M |
| Prepayments | 457,000 | 669,800 | 192,600 | 416,300 | 1.4M |
| Inventory | 74.7M | 87.7M | 83.5M | 83.8M | 63.9M |
| Total Current Assets | 836.0M | 805.0M | 854.0M | 794.0M | 873.0M |
| Fixed Assets | 97.0M | -- | 55.0M | 56.9M | 68.2M |
| Fixed Assets Total | 97.0M | 91.4M | 55.0M | 56.9M | 68.2M |
| Construction In Progress | 1.9M | -- | 21.2M | 460,700 | -- |
| Construction In Progress Total | 1.9M | 7.6M | 21.2M | 460,700 | -- |
| Intangible Assets | 6.3M | 5.3M | 5.5M | 5.7M | 5.9M |
| Long Term Deferred Expenses | 2.8M | 4.0M | 5.7M | 5.1M | 2.8M |
| Total Non Current Assets | 130.0M | 130.0M | 103.0M | 81.5M | 82.8M |
| Total Assets | 966.0M | 935.0M | 957.0M | 875.0M | 956.0M |
| Short Term Borrowings | -- | -- | -- | -- | 30.0M |
| Accounts Payable | 41.5M | 39.7M | 38.8M | 22.4M | 16.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 9.2M | 18.2M | 6.5M | 4.6M | 9.1M |
| Total Current Liabilities | 75.0M | 91.7M | 78.6M | 51.5M | 85.6M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 37.8M | 31.2M | 26.4M | 27.5M | 27.7M |
| Total Liabilities | 113.0M | 123.0M | 105.0M | 78.9M | 113.0M |
| Paid In Capital | 103.0M | 104.0M | 80.0M | 80.0M | 80.0M |
| Capital Reserve | 524.0M | 544.0M | 565.0M | 569.0M | 569.0M |
| Surplus Reserve | 36.0M | 32.1M | 32.1M | 27.1M | 22.7M |
| Retained Earnings | 180.0M | 150.0M | 206.0M | 161.0M | 171.0M |
| Minority Equity | 7.4M | -- | -- | -- | -- |
| Equity Attributable | 846.0M | 812.0M | 852.0M | 796.0M | 843.0M |
| Total Equity | 853.0M | 812.0M | 852.0M | 796.0M | 843.0M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 97.5M | 92.9M | 92.4M | 192.0M | 136.0M |
| Tax Refunds Received | 981,700 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 105.0M | 102.0M | 111.0M | 202.0M | 159.0M |
| Cash Paid For Goods | 36.2M | 24.4M | 26.0M | 30.6M | 48.8M |
| Cash Paid To Employees | 44.1M | 39.2M | 36.8M | 35.4M | 29.8M |
| Taxes Paid | 23.4M | 15.4M | 22.6M | 6.0M | 21.3M |
| Total Operating Cash Outflow | 112.0M | 85.7M | 98.0M | 82.9M | 110.0M |
| Operating Cash Flow | -6.8M | 15.9M | 12.6M | 119.0M | 49.4M |
| Total Investing Cash Inflow | 1.8B | 1.6B | 2.0B | 1.9B | 533.0M |
| Total Investing Cash Outflow | 1.9B | 1.7B | 2.0B | 1.9B | 928.0M |
| Investing Cash Flow | -11.4M | -12.7M | -11.8M | -38.2M | -395.0M |
| Cash From Borrowings | -- | -- | -- | -- | 30.0M |
| Dividends And Interest Paid | -- | 29.7M | -- | 50.7M | 1.5M |
| Debt Repayments | -- | -- | -- | 30.0M | 40.0M |
| Total Financing Cash Inflow | 10.5M | 3.0M | 13.7M | -- | 550.0M |
| Total Financing Cash Outflow | 8.0M | 29.7M | 4.1M | 122.0M | 50.5M |
| Financing Cash Flow | 2.5M | -26.7M | 9.6M | -122.0M | 499.0M |
| Net Change In Cash | -15.8M | -23.5M | 10.4M | -40.9M | 153.0M |
| Ending Cash Balance | 111.0M | 126.0M | 150.0M | 140.0M | 180.0M |
| Capex | 19.3M | 32.9M | 28.9M | 7.9M | 8.0M |