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 | 203.0M | 366.0M | 280.0M | 464.0M | 312.0M |
| Revenue Growth % | -44.5% | 30.7% | -39.7% | 48.7% | -- |
| Total Revenue | 203.0M | 366.0M | 280.0M | 464.0M | 312.0M |
| Cost Of Revenue | 129.0M | 233.0M | 141.0M | 224.0M | 111.0M |
| Gross Profit | 74.0M | 133.0M | 139.0M | 240.0M | 201.0M |
| Gross Margin % | 36.5% | 36.3% | 49.6% | 51.7% | 64.4% |
| Total Operating Cost | 282.0M | 509.0M | 401.0M | 425.0M | 253.0M |
| Selling Expenses | 46.4M | 113.0M | 117.0M | 96.4M | 70.0M |
| Admin Expenses | 48.3M | 54.0M | 44.9M | 42.0M | 26.0M |
| Rd Expenses | 32.8M | 67.6M | 77.7M | 52.5M | 34.9M |
| Finance Expenses | 7.3M | 8.2M | 3.3M | 3.1M | 2.2M |
| Operating Income | -54.6M | -119.0M | -85.8M | 82.5M | 80.9M |
| Operating Margin % | -26.9% | -32.5% | -30.7% | 17.8% | 25.9% |
| Non Operating Income | 764,400 | 59,700 | 348,900 | 111,600 | 265,800 |
| Non Operating Expenses | 2.0M | 2.2M | 610,200 | 783,700 | 317,800 |
| Investment Income | -31,200 | -903,300 | 1.4M | 859,400 | -112,700 |
| Asset Disposal Income | 4.4M | 949,300 | 684,900 | 2.0M | 25,900 |
| Asset Impairment Loss | 12.2M | 12.0M | 7.5M | 1.0M | 935,800 |
| Other Income | 20.9M | 23.8M | 33.2M | 40.3M | 21.2M |
| Income Before Tax | -55.8M | -121.0M | -86.1M | 81.8M | 80.8M |
| Income Tax | -5.2M | -17.5M | -12.7M | 12.9M | 15.6M |
| Net Income | -50.6M | -103.0M | -73.4M | 68.9M | 65.3M |
| Net Margin % | -24.9% | -28.1% | -26.2% | 14.9% | 20.9% |
| Net Income Attributable | -46.0M | -96.1M | -63.3M | 78.6M | 69.5M |
| Minority Interest | -4.6M | -7.2M | -10.0M | -9.7M | -4.2M |
| Eps Basic | -0.66 | -1.37 | -0.90 | 1.38 | 1.32 |
| Eps Diluted | -0.66 | -1.37 | -0.90 | 1.38 | 1.32 |
| 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 | 51.6M | 192.0M | 262.0M | 340.0M | 170.0M |
| Accounts Receivable | 108.0M | 140.0M | 115.0M | 109.0M | 81.0M |
| Notes Receivable | 5.7M | 6.2M | 1.3M | 11.3M | 3.5M |
| Notes And Accounts Receivable | 114.0M | 146.0M | 116.0M | 121.0M | 84.5M |
| Prepayments | 10.3M | 27.0M | 38.2M | 27.3M | 14.9M |
| Inventory | 131.0M | 174.0M | 164.0M | 137.0M | 102.0M |
| Total Current Assets | 325.0M | 555.0M | 596.0M | 651.0M | 396.0M |
| Long Term Equity Investment | 1.7M | 2.9M | 4.1M | 2.2M | 2.3M |
| Fixed Assets | -- | 213.0M | 199.0M | 200.0M | 51.3M |
| Fixed Assets Total | 260.0M | 213.0M | 199.0M | 200.0M | 51.3M |
| Construction In Progress | -- | 176.0M | 38.8M | 13.2M | 79.9M |
| Construction In Progress Total | 153.0M | 176.0M | 38.8M | 13.2M | 79.9M |
| Intangible Assets | 56.4M | 58.5M | 57.5M | 53.4M | 12.6M |
| Long Term Deferred Expenses | 100,500 | 329,400 | 1.4M | 1.5M | 3.2M |
| Total Non Current Assets | 552.0M | 526.0M | 376.0M | 281.0M | 154.0M |
| Total Assets | 877.0M | 1.1B | 972.0M | 931.0M | 550.0M |
| Short Term Borrowings | 108.0M | 192.0M | 185.0M | 73.0M | 63.0M |
| Accounts Payable | 101.0M | 143.0M | 45.9M | 60.5M | 30.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 34.2M | 58.4M | 76.7M | 53.1M | 81.9M |
| Total Current Liabilities | 285.0M | 496.0M | 363.0M | 255.0M | 231.0M |
| Long Term Borrowings | 163.0M | 105.0M | 53.9M | 35.0M | 29.0M |
| Total Non Current Liabilities | 230.0M | 167.0M | 97.7M | 83.3M | 72.5M |
| Total Liabilities | 515.0M | 663.0M | 461.0M | 338.0M | 303.0M |
| Paid In Capital | 70.0M | 70.0M | 70.0M | 70.0M | 52.5M |
| Capital Reserve | 278.0M | 276.0M | 275.0M | 274.0M | 15.7M |
| Surplus Reserve | 27.1M | 27.1M | 27.1M | 27.1M | 17.5M |
| Retained Earnings | 16.6M | 62.6M | 159.0M | 234.0M | 165.0M |
| Minority Equity | -22.2M | -17.6M | -19.9M | -11.8M | -4.1M |
| Equity Attributable | 384.0M | 435.0M | 531.0M | 605.0M | 251.0M |
| Total Equity | 362.0M | 418.0M | 511.0M | 593.0M | 247.0M |
| 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 | 231.0M | 367.0M | 321.0M | 498.0M | 327.0M |
| Tax Refunds Received | 240,500 | 904,200 | 4.1M | 1.3M | 2.0M |
| Total Operating Cash Inflow | 287.0M | 422.0M | 362.0M | 550.0M | 370.0M |
| Cash Paid For Goods | 118.0M | 179.0M | 225.0M | 313.0M | 151.0M |
| Cash Paid To Employees | 113.0M | 189.0M | 165.0M | 128.0M | 81.0M |
| Taxes Paid | 10.6M | 11.6M | 12.5M | 32.5M | 25.3M |
| Total Operating Cash Outflow | 296.0M | 459.0M | 446.0M | 536.0M | 306.0M |
| Operating Cash Flow | -8.2M | -36.4M | -84.6M | 14.9M | 64.1M |
| Total Investing Cash Inflow | 87.8M | 104.0M | 658.0M | 399.0M | 143.0M |
| Total Investing Cash Outflow | 148.0M | 226.0M | 765.0M | 530.0M | 222.0M |
| Investing Cash Flow | -60.1M | -122.0M | -106.0M | -131.0M | -78.8M |
| Cash From Borrowings | 208.0M | 293.0M | 270.0M | 118.0M | 118.0M |
| Dividends And Interest Paid | 11.5M | 11.5M | 17.6M | 6.1M | 3.6M |
| Debt Repayments | 246.0M | 214.0M | 143.0M | 96.7M | 63.8M |
| Total Financing Cash Inflow | 223.0M | 308.0M | 273.0M | 395.0M | 121.0M |
| Total Financing Cash Outflow | 266.0M | 249.0M | 163.0M | 109.0M | 69.8M |
| Financing Cash Flow | -43.2M | 59.5M | 110.0M | 286.0M | 51.5M |
| Net Change In Cash | -111.0M | -98.9M | -81.3M | 170.0M | 36.8M |
| Ending Cash Balance | 44.5M | 156.0M | 255.0M | 336.0M | 166.0M |
| Capex | 69.9M | 109.0M | 77.6M | 132.0M | 68.8M |