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 |
|---|---|---|---|---|---|---|
| Revenue | 527.0M | 573.0M | 509.0M | 515.0M | 270.0M | 268.0M |
| Revenue Growth % | -8.0% | 12.6% | -1.2% | 90.7% | 0.7% | -- |
| Total Revenue | 527.0M | 573.0M | 509.0M | 515.0M | 270.0M | 268.0M |
| Cost Of Revenue | 431.0M | 425.0M | 356.0M | 345.0M | 188.0M | 184.0M |
| Gross Profit | 96.0M | 148.0M | 153.0M | 170.0M | 82.0M | 84.0M |
| Gross Margin % | 18.2% | 25.8% | 30.1% | 33.0% | 30.4% | 31.3% |
| Total Operating Cost | 589.0M | 577.0M | 493.0M | 469.0M | 271.0M | 254.0M |
| Selling Expenses | 10.8M | 6.1M | 6.2M | 10.2M | 3.4M | 4.0M |
| Admin Expenses | 37.0M | 36.5M | 31.5M | 28.5M | 19.9M | 21.2M |
| Rd Expenses | 133.0M | 111.0M | 93.9M | 74.6M | 50.4M | 40.9M |
| Finance Expenses | -30.7M | -10.8M | -4.4M | 3.2M | 9.0M | 519,800 |
| Operating Income | -54.9M | 11.0M | 34.7M | 57.9M | 8.2M | 22.4M |
| Operating Margin % | -10.4% | 1.9% | 6.8% | 11.2% | 3.0% | 8.4% |
| Non Operating Income | 45,000 | 8.0M | 2.0M | 3.0M | 1.5M | 283,400 |
| Non Operating Expenses | 210,400 | 249,400 | 15,900 | 1.1M | 129,700 | 101,800 |
| Investment Income | 4,996 | 2.3M | 163,100 | 516,800 | 407,500 | 772,900 |
| Asset Disposal Income | -- | 2,500 | -- | -- | -- | -- |
| Asset Impairment Loss | 5.2M | 2.3M | 5.9M | 1.7M | 796,400 | 910,300 |
| Other Income | 7.4M | 12.9M | 18.6M | 12.0M | 8.6M | 7.4M |
| Income Before Tax | -55.1M | 18.8M | 36.7M | 59.8M | 9.5M | 22.6M |
| Income Tax | 1.7M | -8.1M | -3.2M | 597,100 | -4.1M | -629,400 |
| Net Income | -56.8M | 26.8M | 39.8M | 59.2M | 13.6M | 23.2M |
| Net Margin % | -10.8% | 4.7% | 7.8% | 11.5% | 5.0% | 8.7% |
| Net Income Attributable | -56.8M | 26.8M | 39.8M | 59.2M | 13.6M | 23.2M |
| Eps Basic | -0.15 | 0.08 | 0.14 | 0.20 | 0.05 | 0.22 |
| Eps Diluted | -0.15 | 0.08 | 0.14 | 0.20 | 0.05 | 0.22 |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 233.0M | 399.0M | 137.0M | 183.0M | 258.0M | 159.0M |
| Trading Financial Assets | -- | -- | 8.0M | 5.0M | -- | 20.8M |
| Accounts Receivable | 173.0M | 202.0M | 134.0M | 148.0M | 111.0M | 120.0M |
| Notes Receivable | -- | -- | -- | -- | -- | 500,000 |
| Notes And Accounts Receivable | 173.0M | 202.0M | 134.0M | 148.0M | 111.0M | 120.0M |
| Prepayments | 9.6M | 1.6M | 26.7M | 30.8M | 31.2M | 476,100 |
| Inventory | 193.0M | 160.0M | 183.0M | 73.9M | 29.0M | 24.5M |
| Total Current Assets | 613.0M | 776.0M | 493.0M | 447.0M | 433.0M | 332.0M |
| Fixed Assets | -- | 189.0M | 197.0M | 194.0M | 26.9M | 20.8M |
| Fixed Assets Total | 198.0M | 189.0M | 197.0M | 194.0M | 26.9M | 20.8M |
| Construction In Progress | -- | 19.4M | 10.3M | 9.9M | 133.0M | 81.7M |
| Construction In Progress Total | 11.9M | 19.4M | 10.3M | 9.9M | 133.0M | 81.7M |
| Intangible Assets | 36.6M | 24.2M | 28.5M | 32.6M | 25.7M | 16.0M |
| Long Term Deferred Expenses | 921,600 | 206,000 | 94,400 | 138,000 | 261,900 | 140,200 |
| Total Non Current Assets | 1.1B | 894.0M | 294.0M | 297.0M | 228.0M | 154.0M |
| Total Assets | 1.7B | 1.7B | 787.0M | 744.0M | 661.0M | 486.0M |
| Short Term Borrowings | 130.0M | 51.1M | 61.6M | 22.0M | 35.5M | 42.6M |
| Accounts Payable | 33.7M | 45.9M | 56.6M | 56.1M | 78.3M | 72.5M |
| Advance Receipts | 1.0M | 1.0M | 1.0M | 1.4M | 586,700 | 3.0M |
| Contract Liabilities | 2.4M | 2.6M | 1.8M | 4.6M | 2.2M | -- |
| Total Current Liabilities | 214.0M | 132.0M | 163.0M | 151.0M | 136.0M | 128.0M |
| Long Term Borrowings | -- | -- | 41.3M | 45.4M | 41.8M | 45.0M |
| Total Non Current Liabilities | 9.5M | 5.4M | 44.8M | 53.2M | 44.1M | 45.8M |
| Total Liabilities | 224.0M | 138.0M | 207.0M | 204.0M | 180.0M | 174.0M |
| Paid In Capital | 392.0M | 392.0M | 294.0M | 294.0M | 294.0M | 107.0M |
| Capital Reserve | 1.0B | 1.0B | 176.0M | 176.0M | 176.0M | 219.0M |
| Surplus Reserve | 15.0M | 15.0M | 12.3M | 8.2M | 2.0M | -- |
| Retained Earnings | 53.1M | 122.0M | 97.5M | 61.8M | 8.9M | -13.8M |
| Equity Attributable | 1.4B | 1.5B | 580.0M | 540.0M | 481.0M | 312.0M |
| Total Equity | 1.4B | 1.5B | 580.0M | 540.0M | 481.0M | 312.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 586.0M | 534.0M | 560.0M | 523.0M | 293.0M | 270.0M |
| Tax Refunds Received | 38.2M | 32.0M | 29.6M | 10.1M | 10.4M | 15.4M |
| Total Operating Cash Inflow | 640.0M | 591.0M | 613.0M | 551.0M | 318.0M | 295.0M |
| Cash Paid For Goods | 542.0M | 429.0M | 503.0M | 408.0M | 243.0M | 216.0M |
| Cash Paid To Employees | 135.0M | 110.0M | 98.0M | 71.9M | 45.5M | 41.9M |
| Taxes Paid | 3.7M | 12.3M | 2.9M | 6.1M | 3.8M | 5.8M |
| Total Operating Cash Outflow | 700.0M | 573.0M | 617.0M | 502.0M | 308.0M | 292.0M |
| Operating Cash Flow | -60.0M | 18.2M | -4.5M | 48.9M | 9.7M | 3.1M |
| Total Investing Cash Inflow | 710.0M | 1.0B | 45.3M | 155.0M | 187.0M | 296.0M |
| Total Investing Cash Outflow | 678.0M | 1.9B | 93.9M | 277.0M | 248.0M | 354.0M |
| Investing Cash Flow | 32.0M | -873.0M | -48.6M | -122.0M | -61.0M | -58.0M |
| Cash From Borrowings | 170.0M | 72.0M | 107.0M | 57.0M | 50.5M | 97.0M |
| Dividends And Interest Paid | 14.8M | 3.0M | 4.3M | 4.6M | 4.8M | 2.1M |
| Debt Repayments | 91.0M | 128.0M | 95.6M | 51.9M | 47.5M | 42.9M |
| Total Financing Cash Inflow | 175.0M | 1.0B | 112.0M | 57.0M | 206.0M | 203.0M |
| Total Financing Cash Outflow | 142.0M | 156.0M | 112.0M | 63.1M | 52.3M | 46.3M |
| Financing Cash Flow | 32.9M | 876.0M | -62,500 | -6.1M | 154.0M | 157.0M |
| Net Change In Cash | 5.9M | 22.4M | -50.5M | -79.9M | 99.7M | 102.0M |
| Ending Cash Balance | 156.0M | 150.0M | 127.0M | 178.0M | 258.0M | 158.0M |
| Capex | 34.2M | 37.4M | 45.7M | 117.0M | 82.2M | 63.0M |