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 | 507.0M | 480.0M | 427.0M | 452.0M | 219.0M |
| Revenue Growth % | 5.6% | 12.4% | -5.5% | 106.4% | -- |
| Total Revenue | 507.0M | 480.0M | 427.0M | 452.0M | 219.0M |
| Cost Of Revenue | 432.0M | 380.0M | 250.0M | 146.0M | 157.0M |
| Gross Profit | 75.0M | 100.0M | 177.0M | 306.0M | 62.0M |
| Gross Margin % | 14.8% | 20.8% | 41.5% | 67.7% | 28.3% |
| Total Operating Cost | 523.0M | 465.0M | 323.0M | 274.0M | 208.0M |
| Selling Expenses | 16.7M | 15.9M | 14.6M | 14.7M | 8.7M |
| Admin Expenses | 25.0M | 24.4M | 20.8M | 43.7M | 8.9M |
| Rd Expenses | 65.9M | 57.0M | 51.3M | 55.2M | 28.6M |
| Finance Expenses | -22.0M | -13.0M | -11.9M | -7.4M | 1.8M |
| Operating Income | -1.0M | 22.6M | 122.0M | 181.0M | 12.6M |
| Operating Margin % | -0.2% | 4.7% | 28.6% | 40.0% | 5.7% |
| Non Operating Income | -- | -- | 0.00 | 5,000 | 1,800 |
| Non Operating Expenses | 200.00 | 900.00 | 20,200 | 128,100 | 79,700 |
| Investment Income | 13.4M | 1.8M | 105,300 | 180,700 | 306,300 |
| Fair Value Change Income | -4.1M | -6.6M | 3.9M | -- | -- |
| Asset Disposal Income | -24,700 | 32,600 | -- | -- | -400.00 |
| Asset Impairment Loss | 5.4M | 3.2M | 1.1M | 393,800 | 670,000 |
| Other Income | 5.1M | 12.2M | 14.1M | 2.4M | 1.9M |
| Income Before Tax | -1.0M | 22.6M | 122.0M | 181.0M | 12.5M |
| Income Tax | -8.1M | -4.3M | 13.8M | 27.8M | -12.9M |
| Net Income | 7.1M | 26.9M | 108.0M | 153.0M | 25.4M |
| Net Margin % | 1.4% | 5.6% | 25.3% | 33.8% | 11.6% |
| Net Income Attributable | 8.4M | 27.5M | 108.0M | 153.0M | 25.4M |
| Minority Interest | -1.3M | -592,300 | -85,300 | 5,300 | -- |
| Eps Basic | 0.02 | 0.07 | 0.30 | 0.44 | -- |
| Eps Diluted | 0.02 | 0.07 | 0.30 | 0.44 | -- |
| 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 | 848.0M | 1.0B | 213.0M | 310.0M | 98.3M |
| Trading Financial Assets | 4.6M | 77.2M | 33.7M | -- | -- |
| Accounts Receivable | 137.0M | 105.0M | 59.8M | 54.6M | 54.0M |
| Notes Receivable | 2.8M | 1.2M | 11.3M | -- | -- |
| Notes And Accounts Receivable | 139.0M | 106.0M | 71.1M | 54.6M | 54.0M |
| Prepayments | 23.4M | 21.8M | 7.8M | 4.6M | 559,800 |
| Inventory | 227.0M | 141.0M | 189.0M | 60.2M | 28.0M |
| Total Current Assets | 1.4B | 1.5B | 558.0M | 450.0M | 198.0M |
| Fixed Assets | -- | 178.0M | 2.6M | 2.6M | 1.8M |
| Fixed Assets Total | 193.0M | 178.0M | 2.6M | 2.6M | 1.8M |
| Construction In Progress | -- | 5.1M | -- | -- | -- |
| Construction In Progress Total | 2.3M | 5.1M | -- | -- | -- |
| Intangible Assets | 19.7M | -- | -- | 11,600 | 59,300 |
| Long Term Deferred Expenses | 5.5M | 1.1M | 2.3M | 3.4M | -- |
| Total Non Current Assets | 371.0M | 347.0M | 183.0M | 202.0M | 18.6M |
| Total Assets | 1.8B | 1.8B | 741.0M | 651.0M | 216.0M |
| Short Term Borrowings | 20.0M | 68.0M | 20.0M | -- | 10.0M |
| Accounts Payable | 96.1M | 72.0M | 47.7M | 66.3M | 83.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.7M | 910,000 | 1.2M | 4.6M | 1.8M |
| Total Current Liabilities | 197.0M | 193.0M | 84.4M | 94.5M | 153.0M |
| Total Non Current Liabilities | 2.0M | 2.9M | 1.2M | 2.4M | -- |
| Total Liabilities | 199.0M | 196.0M | 85.7M | 96.9M | 153.0M |
| Paid In Capital | 460.0M | 460.0M | 368.0M | 368.0M | 8.2M |
| Capital Reserve | 937.0M | 933.0M | 106.0M | 102.0M | 119.0M |
| Surplus Reserve | 21.6M | 20.5M | 17.5M | 7.8M | 1.1M |
| Retained Earnings | 170.0M | 181.0M | 156.0M | 71.7M | -63.4M |
| Minority Equity | 14.1M | 5.6M | 6.2M | 6.3M | -- |
| Equity Attributable | 1.6B | 1.6B | 649.0M | 548.0M | 63.3M |
| Total Equity | 1.6B | 1.6B | 655.0M | 554.0M | 63.3M |
| 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 | 621.0M | 652.0M | 599.0M | 679.0M | 307.0M |
| Tax Refunds Received | 5.6M | 10.7M | 273,700 | -- | -- |
| Total Operating Cash Inflow | 675.0M | 710.0M | 630.0M | 691.0M | 312.0M |
| Cash Paid For Goods | 643.0M | 514.0M | 584.0M | 401.0M | 218.0M |
| Cash Paid To Employees | 72.9M | 67.9M | 56.4M | 50.4M | 24.8M |
| Taxes Paid | 4.2M | 10.5M | 36.6M | 46.3M | 2.8M |
| Total Operating Cash Outflow | 742.0M | 614.0M | 699.0M | 739.0M | 264.0M |
| Operating Cash Flow | -66.9M | 95.7M | -69.1M | -47.8M | 47.4M |
| Total Investing Cash Inflow | 88.8M | 132.0M | 254,600 | 38.1M | 81.2M |
| Total Investing Cash Outflow | 100.0M | 405.0M | 31.2M | 45.8M | 84.2M |
| Investing Cash Flow | -11.3M | -274.0M | -30.9M | -7.7M | -3.0M |
| Cash From Borrowings | 76.7M | 68.0M | 20.0M | -- | 14.9M |
| Dividends And Interest Paid | 18.3M | 949,600 | 14.2M | 22,800 | 7.8M |
| Debt Repayments | 125.0M | 20.0M | -- | 12.8M | 14.9M |
| Total Financing Cash Inflow | 87.4M | 1.0B | 20.0M | 316.0M | 82.0M |
| Total Financing Cash Outflow | 164.0M | 56.0M | 21.5M | 48.1M | 67.6M |
| Financing Cash Flow | -76.5M | 965.0M | -1.5M | 268.0M | 14.4M |
| Net Change In Cash | -157.0M | 787.0M | -96.7M | 212.0M | 57.1M |
| Ending Cash Balance | 843.0M | 1.0B | 213.0M | 310.0M | 98.3M |
| Capex | 47.5M | 192.0M | 1.2M | 7.8M | 3.3M |