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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 864.0M | 1.4B | 1.7B | 1.3B | 919.0M | 946.0M | 867.0M | 595.0M | 401.0M | 318.0M |
| Revenue Growth % | -38.1% | -19.9% | 35.1% | 40.3% | -2.9% | 9.1% | 45.7% | 48.4% | 26.1% | -- |
| Total Revenue | 864.0M | 1.4B | 1.7B | 1.3B | 919.0M | 946.0M | 867.0M | 595.0M | 401.0M | 318.0M |
| Cost Of Revenue | 839.0M | 1.3B | 1.4B | 1.1B | 732.0M | 714.0M | 685.0M | 466.0M | 306.0M | 236.0M |
| Gross Profit | 25.0M | 90.0M | 334.0M | 224.0M | 187.0M | 232.0M | 182.0M | 129.0M | 95.0M | 82.0M |
| Gross Margin % | 2.9% | 6.4% | 19.2% | 17.4% | 20.3% | 24.5% | 21.0% | 21.7% | 23.7% | 25.8% |
| Total Operating Cost | 935.0M | 1.4B | 1.6B | 1.2B | 835.0M | 853.0M | 775.0M | 553.0M | 373.0M | 282.0M |
| Selling Expenses | 28.0M | 27.1M | 32.5M | 28.1M | 20.1M | 34.3M | 25.7M | 27.4M | 14.6M | 8.7M |
| Admin Expenses | 52.4M | 60.6M | 55.2M | 32.3M | 30.8M | 25.0M | 17.8M | 14.9M | 16.7M | 13.9M |
| Rd Expenses | 40.9M | 55.1M | 68.3M | 52.6M | 37.1M | 37.3M | 33.5M | 20.7M | 18.8M | 12.9M |
| Finance Expenses | -45.2M | -50.0M | -9.7M | -2.8M | 4.5M | 1.7M | 2.8M | 11.4M | 3.4M | 2.8M |
| Operating Income | -63.4M | -16.1M | 144.0M | 142.0M | 121.0M | 120.0M | 98.6M | 48.1M | 29.0M | 35.5M |
| Operating Margin % | -7.3% | -1.2% | 8.3% | 11.0% | 13.2% | 12.7% | 11.4% | 8.1% | 7.2% | 11.2% |
| Non Operating Income | 685,300 | 810,700 | 579,000 | 395,000 | 207,200 | 173,400 | 5.1M | 27,400 | 4.3M | 8.2M |
| Non Operating Expenses | 75,200 | 3.3M | 3.8M | 4.6M | 47,800 | 577,700 | 52,000 | 828,600 | 906,800 | 510,600 |
| Investment Income | -206,900 | 11.6M | -7.0M | 3.7M | -1.7M | -1.6M | 391,900 | 187,600 | 467,400 | 109,500 |
| Fair Value Change Income | 67,700 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -2.2M | -1.2M | -1.7M | -- | -- | -- | -7,500 | -4,500 | -62,000 | -28,000 |
| Asset Impairment Loss | 26.9M | 29.9M | 36.5M | 1.8M | 863,800 | 3.0M | 7.3M | 7.3M | 10.3M | 5.8M |
| Other Income | 10.0M | 11.0M | 18.2M | 26.0M | 38.8M | 29.4M | 6.3M | 6.5M | -- | -- |
| Income Before Tax | -62.8M | -18.6M | 141.0M | 137.0M | 121.0M | 120.0M | 104.0M | 47.3M | 32.4M | 43.3M |
| Income Tax | 4.2M | 5.8M | 13.4M | 14.6M | 15.2M | 15.0M | 15.2M | 10.1M | 6.8M | 6.9M |
| Net Income | -67.1M | -24.4M | 128.0M | 123.0M | 105.0M | 105.0M | 88.5M | 37.2M | 25.6M | 36.4M |
| Net Margin % | -7.8% | -1.7% | 7.3% | 9.5% | 11.4% | 11.1% | 10.2% | 6.3% | 6.4% | 11.4% |
| Net Income Attributable | -67.1M | -23.9M | 105.0M | 123.0M | 105.0M | 105.0M | 88.5M | 37.2M | 25.6M | 36.4M |
| Minority Interest | -- | -525,200 | 22.9M | -80,800 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -0.35 | -0.12 | 0.63 | 0.75 | 0.86 | 0.85 | 0.72 | 0.30 | 0.21 | 0.30 |
| Eps Diluted | -0.35 | -0.12 | 0.63 | 0.75 | 0.86 | 0.85 | 0.72 | 0.30 | 0.21 | 0.30 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.6B | 1.8B | 1.8B | 394.0M | 650.0M | 106.0M | 113.0M | 117.0M | 62.2M | 49.6M |
| Trading Financial Assets | 150.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 118.0M | 306.0M | 423.0M | 422.0M | 409.0M | 355.0M | 350.0M | 246.0M | 223.0M | -- |
| Notes Receivable | 35.7M | 248.0M | 355.0M | 217.0M | 160.0M | 149.0M | 226.0M | 179.0M | 112.0M | -- |
| Notes And Accounts Receivable | 154.0M | 554.0M | 778.0M | 639.0M | 569.0M | 503.0M | 576.0M | 425.0M | 336.0M | 299.0M |
| Prepayments | 6.0M | 16.2M | 29.8M | 18.6M | 11.8M | 6.0M | 6.0M | 3.2M | 6.4M | 2.2M |
| Inventory | 94.4M | 157.0M | 260.0M | 243.0M | 109.0M | 93.5M | 102.0M | 101.0M | 42.9M | 62.6M |
| Total Current Assets | 2.1B | 2.6B | 3.0B | 1.5B | 1.4B | 811.0M | 813.0M | 674.0M | 455.0M | 418.0M |
| Long Term Equity Investment | -- | -- | 67.2M | 11.8M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 432.0M | 378.0M | 215.0M | 129.0M | 143.0M | 144.0M | 114.0M | -- | 96.9M |
| Fixed Assets Total | 497.0M | 432.0M | 378.0M | 215.0M | 129.0M | 143.0M | 144.0M | 114.0M | 91.5M | 96.9M |
| Construction In Progress | -- | 155.0M | 66.4M | 69.7M | 45.4M | 1.4M | 6.2M | 5.1M | -- | 817,600 |
| Construction In Progress Total | 81.0M | 155.0M | 66.4M | 69.7M | 45.4M | 1.4M | 6.2M | 5.1M | 5.0M | 817,600 |
| Intangible Assets | 118.0M | 122.0M | 121.0M | 72.0M | 70.9M | 66.9M | 12.0M | 12.4M | 12.0M | 12.2M |
| Long Term Deferred Expenses | 22.1M | 19.2M | 14.1M | 9.3M | 9.5M | 7.5M | 5.7M | 2.9M | 3.8M | 4.1M |
| Total Non Current Assets | 836.0M | 802.0M | 702.0M | 448.0M | 289.0M | 245.0M | 172.0M | 152.0M | 128.0M | 117.0M |
| Total Assets | 2.9B | 3.4B | 3.7B | 2.0B | 1.7B | 1.1B | 986.0M | 826.0M | 583.0M | 535.0M |
| Short Term Borrowings | 7.7M | 40.7M | -- | 1.0M | 30.2M | 5.0M | 42.2M | 53.1M | 75.8M | 15.0M |
| Accounts Payable | 75.7M | 178.0M | 192.0M | 201.0M | 216.0M | 243.0M | 241.0M | 209.0M | 65.6M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 392,000 | -- | 319,500 | 84,900 | 2.5M |
| Contract Liabilities | 1.8M | 4.2M | 7.0M | 1.3M | 2.1M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 173.0M | 518.0M | 581.0M | 540.0M | 390.0M | 345.0M | 390.0M | 313.0M | 154.0M | 129.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- | 20.5M | 33.0M | 40.5M | -- | -- |
| Total Non Current Liabilities | 15.4M | 21.6M | 18.2M | 18.1M | 23.3M | 63.3M | 53.7M | 60.0M | 13.1M | 15.8M |
| Total Liabilities | 189.0M | 540.0M | 599.0M | 558.0M | 413.0M | 408.0M | 444.0M | 373.0M | 167.0M | 145.0M |
| Paid In Capital | 201.0M | 201.0M | 201.0M | 164.0M | 164.0M | 123.0M | 123.0M | 123.0M | 123.0M | 123.0M |
| Capital Reserve | 2.3B | 2.3B | 2.3B | 703.0M | 703.0M | 171.0M | 171.0M | 171.0M | 171.0M | 171.0M |
| Surplus Reserve | 78.1M | 78.1M | 75.7M | 61.5M | 48.3M | 37.3M | 26.2M | 17.0M | 12.8M | 10.0M |
| Retained Earnings | 408.0M | 475.0M | 537.0M | 487.0M | 410.0M | 316.0M | 222.0M | 143.0M | 110.0M | 87.1M |
| Minority Equity | -- | -- | 13.1M | 11.1M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.7B | 2.9B | 3.1B | 1.4B | 1.3B | 647.0M | 542.0M | 454.0M | 416.0M | 391.0M |
| Total Equity | 2.7B | 2.9B | 3.1B | 1.4B | 1.3B | 647.0M | 542.0M | 454.0M | 416.0M | 391.0M |
| 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 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.2B | 1.5B | 1.6B | 986.0M | 574.0M | 692.0M | 563.0M | 434.0M | 254.0M | 202.0M |
| Tax Refunds Received | 17.3M | 24.2M | 12.4M | 5.1M | 4.0M | 20.4M | 15.7M | 7.5M | 2.9M | 68,500 |
| Total Operating Cash Inflow | 1.2B | 1.5B | 1.7B | 1.0B | 733.0M | 924.0M | 712.0M | 518.0M | 303.0M | 233.0M |
| Cash Paid For Goods | 947.0M | 1.2B | 1.4B | 998.0M | 467.0M | 531.0M | 456.0M | 246.0M | 207.0M | 219.0M |
| Cash Paid To Employees | 87.1M | 91.2M | 105.0M | 70.2M | 45.6M | 46.3M | 42.4M | 29.1M | 18.1M | 12.9M |
| Taxes Paid | 15.6M | 32.4M | 50.8M | 18.9M | 32.9M | 27.6M | 18.3M | 36.1M | 29.4M | 18.1M |
| Total Operating Cash Outflow | 1.1B | 1.3B | 1.6B | 1.1B | 699.0M | 784.0M | 663.0M | 419.0M | 325.0M | 274.0M |
| Operating Cash Flow | 147.0M | 212.0M | 83.0M | -93.3M | 33.6M | 140.0M | 49.0M | 99.1M | -22.3M | -40.6M |
| Total Investing Cash Inflow | 117.0M | 522.0M | 7.4M | 305.0M | 200.0M | 374,500 | 1.5M | 1.4M | 382,700 | 169,500 |
| Total Investing Cash Outflow | 363.0M | 594.0M | 294.0M | 435.0M | 250.0M | 85.1M | 33.1M | 38.3M | 23.1M | 3.4M |
| Investing Cash Flow | -246.0M | -72.4M | -286.0M | -130.0M | -49.4M | -84.7M | -31.6M | -36.9M | -22.7M | -3.2M |
| Cash From Borrowings | -- | -- | 90.0M | 1.0M | 30.2M | 14.2M | 17.6M | 50.5M | 5.0M | 26.4M |
| Dividends And Interest Paid | -- | 35.3M | 45.3M | 32.8M | 852,900 | 2.7M | 3.8M | 3.7M | 1.3M | 1.6M |
| Debt Repayments | -- | 50.0M | 50.5M | -- | 33.2M | 58.7M | 51.9M | 76.8M | 15.0M | 45.2M |
| Total Financing Cash Inflow | 7.7M | 40.7M | 1.8B | 1.0M | 632.0M | 14.2M | 37.4M | 65.6M | 74.9M | 86.4M |
| Total Financing Cash Outflow | 64.9M | 306.0M | 105.0M | 32.8M | 61.1M | 61.7M | 59.4M | 81.1M | 20.3M | 47.5M |
| Financing Cash Flow | -57.2M | -266.0M | 1.6B | -31.8M | 571.0M | -47.5M | -22.0M | -15.6M | 54.6M | 38.9M |
| Net Change In Cash | -158.0M | -120.0M | 1.4B | -255.0M | 557.0M | 10.6M | -2.2M | 40.6M | 10.6M | -4.2M |
| Ending Cash Balance | 1.6B | 1.7B | 1.8B | 393.0M | 648.0M | 90.8M | 80.2M | 82.4M | 47.5M | 36.9M |
| Capex | 97.8M | 123.0M | 225.0M | 124.0M | 49.5M | 85.1M | 33.1M | 38.3M | 21.1M | 3.4M |