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 | 1.1B | 904.0M | 984.0M | 831.0M | 723.0M |
| Revenue Growth % | 20.8% | -8.1% | 18.4% | 14.9% | -- |
| Total Revenue | 1.1B | 904.0M | 984.0M | 831.0M | 723.0M |
| Cost Of Revenue | 890.0M | 656.0M | 690.0M | 572.0M | 574.0M |
| Gross Profit | 202.0M | 248.0M | 294.0M | 259.0M | 149.0M |
| Gross Margin % | 18.5% | 27.4% | 29.9% | 31.2% | 20.6% |
| Total Operating Cost | 1.2B | 919.0M | 942.0M | 801.0M | 779.0M |
| Selling Expenses | 44.6M | 35.6M | 42.9M | 32.3M | 28.3M |
| Admin Expenses | 142.0M | 118.0M | 97.9M | 83.8M | 67.7M |
| Rd Expenses | 114.0M | 94.3M | 82.9M | 84.6M | 73.3M |
| Finance Expenses | 1.5M | -3.5M | 6.0M | 10.3M | 22.2M |
| Operating Income | -27.2M | 50.1M | 91.6M | 71.9M | -11.3M |
| Operating Margin % | -2.5% | 5.5% | 9.3% | 8.7% | -1.6% |
| Non Operating Income | 536,100 | 601,000 | 1.5M | 273,700 | 313,800 |
| Non Operating Expenses | 299,300 | 215,800 | 42,200 | 28,300 | 14,700 |
| Investment Income | 5.2M | -1.7M | -292,700 | 5.0M | 2.1M |
| Fair Value Change Income | 84,900 | 125,800 | 144,000 | 275,000 | 249,800 |
| Asset Disposal Income | 1,700 | 54,200 | 1,900 | 5,300 | 1.1M |
| Asset Impairment Loss | 11.6M | 9.6M | 9.6M | 8.4M | 10.0M |
| Other Income | 91.6M | 67.4M | 49.5M | 36.1M | 41.3M |
| Income Before Tax | -27.0M | 50.5M | 93.1M | 72.2M | -11.0M |
| Income Tax | -3.0M | -16.8M | -3.5M | -1.1M | 20,000 |
| Net Income | -24.0M | 67.3M | 96.6M | 73.3M | -11.0M |
| Net Margin % | -2.2% | 7.4% | 9.8% | 8.8% | -1.5% |
| Net Income Attributable | -17.8M | 72.4M | 98.8M | 75.5M | -10.6M |
| Minority Interest | -6.3M | -5.1M | -2.2M | -2.3M | -410,400 |
| Eps Basic | -0.04 | 0.17 | 0.25 | 0.21 | -0.04 |
| Eps Diluted | -0.04 | 0.17 | 0.25 | 0.21 | -0.04 |
| 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 | 386.0M | 777.0M | 419.0M | 338.0M | 158.0M |
| Trading Financial Assets | 106.0M | 206.0M | 144,000 | 275,000 | 249,800 |
| Accounts Receivable | 559.0M | 487.0M | 416.0M | 290.0M | 192.0M |
| Notes Receivable | 98.7M | 100.0M | 146.0M | 146.0M | 130.0M |
| Notes And Accounts Receivable | 658.0M | 587.0M | 563.0M | 436.0M | 322.0M |
| Prepayments | 2.6M | 2.4M | 8.0M | 6.3M | 6.1M |
| Inventory | 322.0M | 231.0M | 223.0M | 158.0M | 159.0M |
| Total Current Assets | 1.5B | 1.9B | 1.3B | 984.0M | 726.0M |
| Long Term Equity Investment | 15.6M | 13.6M | 15.7M | 15.9M | 12.3M |
| Fixed Assets | -- | 521.0M | 494.0M | 463.0M | 507.0M |
| Fixed Assets Total | 768.0M | 521.0M | 494.0M | 463.0M | 507.0M |
| Construction In Progress | -- | 44.2M | 15.1M | 10.4M | 1.8M |
| Construction In Progress Total | 24.1M | 44.2M | 15.1M | 10.4M | 1.8M |
| Intangible Assets | 65.8M | 68.9M | 54.3M | 55.9M | 56.2M |
| Long Term Deferred Expenses | 8.5M | 4.5M | 4.1M | 1.5M | -- |
| Total Non Current Assets | 1.2B | 698.0M | 616.0M | 610.0M | 586.0M |
| Total Assets | 2.8B | 2.6B | 1.9B | 1.6B | 1.3B |
| Short Term Borrowings | 25.6M | 7.1M | -- | 83.8M | 2.8M |
| Accounts Payable | 506.0M | 271.0M | 219.0M | 187.0M | 203.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 11.8M | 8.5M | 6.2M | 6.0M | 7.3M |
| Total Current Liabilities | 816.0M | 509.0M | 487.0M | 483.0M | 464.0M |
| Long Term Borrowings | 175.0M | 195.0M | 200.0M | 10.0M | -- |
| Total Non Current Liabilities | 483.0M | 537.0M | 553.0M | 350.0M | 308.0M |
| Total Liabilities | 1.3B | 1.0B | 1.0B | 833.0M | 772.0M |
| Paid In Capital | 461.0M | 461.0M | 392.0M | 392.0M | 360.0M |
| Capital Reserve | 797.0M | 799.0M | 293.0M | 292.0M | 182.0M |
| Surplus Reserve | 35.9M | 32.0M | 21.0M | 8.6M | -- |
| Retained Earnings | 166.0M | 211.0M | 149.0M | 63.0M | -4.8M |
| Minority Equity | 14.1M | 20.1M | 21.6M | 6.1M | 2.4M |
| Equity Attributable | 1.5B | 1.5B | 856.0M | 755.0M | 538.0M |
| Total Equity | 1.5B | 1.5B | 877.0M | 761.0M | 540.0M |
| 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 | 1.2B | 1.1B | 986.0M | 862.0M | 696.0M |
| Tax Refunds Received | 693,800 | 2.9M | 466,100 | 1.1M | 2.2M |
| Total Operating Cash Inflow | 1.4B | 1.3B | 1.2B | 1.0B | 821.0M |
| Cash Paid For Goods | 860.0M | 642.0M | 628.0M | 532.0M | 482.0M |
| Cash Paid To Employees | 283.0M | 262.0M | 235.0M | 211.0M | 254.0M |
| Taxes Paid | 20.5M | 37.7M | 50.4M | 43.2M | 10.9M |
| Total Operating Cash Outflow | 1.4B | 1.2B | 1.1B | 920.0M | 808.0M |
| Operating Cash Flow | -3.1M | 121.0M | 110.0M | 100.0M | 12.6M |
| Total Investing Cash Inflow | 548.0M | 229.0M | 1.6M | 1.3M | 546.0M |
| Total Investing Cash Outflow | 1.0B | 552.0M | 131.0M | 120.0M | 140.0M |
| Investing Cash Flow | -456.0M | -323.0M | -130.0M | -119.0M | 405.0M |
| Cash From Borrowings | 1.0M | 5.0M | 200.0M | 125.0M | 749.0M |
| Dividends And Interest Paid | 32.4M | 9.5M | 8.2M | 5.3M | 36.3M |
| Debt Repayments | 20.0M | 5.0M | 65.0M | 60.0M | 1.3B |
| Total Financing Cash Inflow | 154.0M | 670.0M | 237.0M | 355.0M | 3.1B |
| Total Financing Cash Outflow | 119.0M | 84.9M | 153.0M | 138.0M | 3.4B |
| Financing Cash Flow | 35.1M | 585.0M | 84.5M | 217.0M | -308.0M |
| Net Change In Cash | -424.0M | 383.0M | 64.8M | 198.0M | 110.0M |
| Ending Cash Balance | 341.0M | 765.0M | 383.0M | 318.0M | 120.0M |
| Capex | 255.0M | 118.0M | 129.0M | 101.0M | 136.0M |