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 | 702.0M | 433.0M | 618.0M | 659.0M | 363.0M |
| Revenue Growth % | 62.1% | -29.9% | -6.2% | 81.5% | -- |
| Total Revenue | 702.0M | 433.0M | 618.0M | 659.0M | 363.0M |
| Cost Of Revenue | 462.0M | 311.0M | 376.0M | 315.0M | 187.0M |
| Gross Profit | 240.0M | 122.0M | 242.0M | 344.0M | 176.0M |
| Gross Margin % | 34.2% | 28.2% | 39.2% | 52.2% | 48.5% |
| Total Operating Cost | 925.0M | 618.0M | 693.0M | 584.0M | 318.0M |
| Selling Expenses | 42.6M | 29.1M | 45.4M | 27.2M | 9.6M |
| Admin Expenses | 81.6M | 48.9M | 74.1M | 73.3M | 38.0M |
| Rd Expenses | 289.0M | 198.0M | 186.0M | 169.0M | 74.4M |
| Finance Expenses | 2.8M | -2.4M | -2.5M | -9.6M | 935,800 |
| Operating Income | -194.0M | -155.0M | -4.6M | 91.2M | 90.3M |
| Operating Margin % | -27.6% | -35.8% | -0.7% | 13.8% | 24.9% |
| Non Operating Income | 1.4M | 528,600 | 93,900 | 176,900 | 214,000 |
| Non Operating Expenses | 779,700 | 607,500 | 1.3M | 1.0M | 180,200 |
| Investment Income | -642,200 | -310,700 | 18.3M | 1.3M | 838,200 |
| Fair Value Change Income | -- | -- | -10.6M | -15.6M | 17.6M |
| Asset Disposal Income | 712,800 | 308,600 | 1.6M | 554,000 | -- |
| Asset Impairment Loss | 36.1M | 27.0M | 3.4M | 3.4M | 4.2M |
| Other Income | 28.7M | 29.3M | 61.6M | 30.2M | 27.3M |
| Income Before Tax | -193.0M | -156.0M | -5.8M | 90.4M | 90.3M |
| Income Tax | -21.1M | -12.6M | -8.8M | -5.2M | 1.6M |
| Net Income | -172.0M | -143.0M | 2.9M | 95.6M | 88.8M |
| Net Margin % | -24.5% | -33.0% | 0.5% | 14.5% | 24.5% |
| Net Income Attributable | -173.0M | -143.0M | 2.8M | 95.6M | 89.3M |
| Minority Interest | 669,200 | 536,300 | 118,100 | -12,800 | -557,600 |
| Eps Basic | -1.23 | -1.01 | 0.02 | 0.68 | 1.10 |
| Eps Diluted | -1.23 | -1.01 | 0.02 | 0.68 | 1.10 |
| 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 | 612.0M | 551.0M | 637.0M | 382.0M | 557.0M |
| Trading Financial Assets | -- | -- | 94.2M | 52.1M | 67.6M |
| Accounts Receivable | 136.0M | 151.0M | 255.0M | 136.0M | 73.5M |
| Notes Receivable | 16.1M | 8.5M | -- | 2.1M | 3.7M |
| Notes And Accounts Receivable | 152.0M | 159.0M | 255.0M | 138.0M | 77.2M |
| Prepayments | 21.9M | 25.3M | 41.9M | 39.9M | 11.9M |
| Inventory | 288.0M | 190.0M | 206.0M | 127.0M | 122.0M |
| Total Current Assets | 1.2B | 988.0M | 1.3B | 776.0M | 863.0M |
| Long Term Equity Investment | 857,800 | -- | -- | -- | -- |
| Fixed Assets | -- | 148.0M | 146.0M | 130.0M | 118.0M |
| Fixed Assets Total | 141.0M | 148.0M | 146.0M | 130.0M | 118.0M |
| Construction In Progress | -- | 36.9M | 4.4M | -- | -- |
| Construction In Progress Total | 75.6M | 36.9M | 4.4M | -- | -- |
| Intangible Assets | 116.0M | 150.0M | 128.0M | 109.0M | 20.3M |
| Long Term Deferred Expenses | 44.3M | 45.6M | 43.9M | 27.8M | 13.9M |
| Total Non Current Assets | 490.0M | 464.0M | 408.0M | 342.0M | 158.0M |
| Total Assets | 1.7B | 1.5B | 1.7B | 1.1B | 1.0B |
| Short Term Borrowings | 270.0M | 38.0M | 130.0M | -- | 80.0M |
| Accounts Payable | 112.0M | 64.3M | 42.5M | 61.5M | 27.0M |
| Advance Receipts | 533,000 | 460,400 | 1.2M | 3.2M | 2.2M |
| Contract Liabilities | 2.3M | 1.8M | 243,800 | 674,900 | 1.3M |
| Total Current Liabilities | 438.0M | 151.0M | 239.0M | 107.0M | 133.0M |
| Long Term Borrowings | 86.0M | -- | -- | -- | 19.3M |
| Total Non Current Liabilities | 501.0M | 385.0M | 365.0M | 23.0M | 31.2M |
| Total Liabilities | 938.0M | 536.0M | 604.0M | 130.0M | 164.0M |
| Paid In Capital | 142.0M | 142.0M | 142.0M | 100.0M | 100.0M |
| Capital Reserve | 758.0M | 686.0M | 724.0M | 650.0M | 585.0M |
| Surplus Reserve | 24.5M | 24.5M | 24.5M | 21.9M | 13.9M |
| Retained Earnings | -119.0M | 53.5M | 197.0M | 216.0M | 159.0M |
| Minority Equity | 1.4M | 436,400 | 43,100 | -78,800 | -1.1M |
| Equity Attributable | 755.0M | 915.0M | 1.1B | 988.0M | 858.0M |
| Total Equity | 757.0M | 916.0M | 1.1B | 988.0M | 857.0M |
| 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 | 729.0M | 577.0M | 574.0M | 681.0M | 424.0M |
| Tax Refunds Received | 15.1M | 13.7M | 22.6M | 24.6M | 14.8M |
| Total Operating Cash Inflow | 774.0M | 636.0M | 675.0M | 723.0M | 466.0M |
| Cash Paid For Goods | 543.0M | 317.0M | 482.0M | 381.0M | 283.0M |
| Cash Paid To Employees | 238.0M | 223.0M | 185.0M | 120.0M | 78.5M |
| Taxes Paid | 27.9M | 12.8M | 41.3M | 47.3M | 23.5M |
| Total Operating Cash Outflow | 871.0M | 621.0M | 761.0M | 601.0M | 416.0M |
| Operating Cash Flow | -96.8M | 14.9M | -85.5M | 122.0M | 50.2M |
| Total Investing Cash Inflow | 50.3M | 94.7M | 80.1M | 231.0M | 113.0M |
| Total Investing Cash Outflow | 136.0M | 87.5M | 258.0M | 407.0M | 246.0M |
| Investing Cash Flow | -85.8M | 7.2M | -178.0M | -176.0M | -133.0M |
| Cash From Borrowings | 340.0M | 38.0M | 536.0M | -- | 152.0M |
| Dividends And Interest Paid | 4.4M | 4.3M | 23.0M | 32.3M | 5.2M |
| Debt Repayments | 38.0M | 130.0M | -- | 101.0M | 70.6M |
| Total Financing Cash Inflow | 360.0M | 39.6M | 631.0M | -- | 672.0M |
| Total Financing Cash Outflow | 136.0M | 148.0M | 94.0M | 141.0M | 105.0M |
| Financing Cash Flow | 224.0M | -109.0M | 537.0M | -141.0M | 567.0M |
| Net Change In Cash | 41.6M | -86.9M | 274.0M | -194.0M | 484.0M |
| Ending Cash Balance | 592.0M | 550.0M | 637.0M | 363.0M | 557.0M |
| Capex | 84.6M | 87.5M | 134.0M | 131.0M | 87.3M |