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 | 269.0M | 394.0M | 336.0M | 330.0M | 229.0M |
| Revenue Growth % | -31.7% | 17.3% | 1.8% | 44.1% | -- |
| Total Revenue | 269.0M | 394.0M | 336.0M | 330.0M | 229.0M |
| Cost Of Revenue | 164.0M | 263.0M | 196.0M | 189.0M | 140.0M |
| Gross Profit | 105.0M | 131.0M | 140.0M | 141.0M | 89.0M |
| Gross Margin % | 39.0% | 33.2% | 41.7% | 42.7% | 38.9% |
| Total Operating Cost | 267.0M | 379.0M | 295.0M | 267.0M | 185.0M |
| Selling Expenses | 13.9M | 17.6M | 14.3M | 11.7M | 7.6M |
| Admin Expenses | 31.6M | 31.9M | 29.2M | 27.9M | 16.8M |
| Rd Expenses | 42.2M | 51.2M | 44.9M | 30.9M | 15.9M |
| Finance Expenses | -1.7M | 578,100 | -2.3M | 680,700 | 651,400 |
| Operating Income | 17.2M | 36.3M | 58.6M | 75.3M | 49.2M |
| Operating Margin % | 6.4% | 9.2% | 17.4% | 22.8% | 21.5% |
| Non Operating Income | 1,600 | 19,000 | 48,700 | 124,900 | 164,100 |
| Non Operating Expenses | 200.00 | 5,000 | 1,800 | 1,900 | 311,100 |
| Investment Income | 5.1M | 11.5M | 7.0M | 5.7M | 1.4M |
| Fair Value Change Income | 475,100 | 1.6M | 1.1M | 2.4M | 562,600 |
| Asset Disposal Income | -- | -- | -- | -42,400 | -- |
| Asset Impairment Loss | 3.8M | 2.5M | 2.7M | 470,200 | 355,400 |
| Other Income | 9.9M | 7.5M | 8.9M | 4.4M | 3.3M |
| Income Before Tax | 17.2M | 36.3M | 58.6M | 75.5M | 49.1M |
| Income Tax | -5.0M | -5.0M | -3.2M | 8.8M | 4.2M |
| Net Income | 22.2M | 41.3M | 61.8M | 66.6M | 44.8M |
| Net Margin % | 8.3% | 10.5% | 18.4% | 20.2% | 19.6% |
| Net Income Attributable | 14.4M | 27.1M | 50.4M | 60.9M | 44.8M |
| Minority Interest | 7.8M | 14.1M | 11.4M | 5.7M | -- |
| Eps Basic | 0.20 | 0.37 | 0.69 | 1.28 | 1.62 |
| Eps Diluted | 0.20 | 0.37 | 0.69 | 1.28 | 1.62 |
| 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 | 122.0M | 173.0M | 91.4M | 93.0M | 172.0M |
| Trading Financial Assets | 232.0M | 264.0M | 366.0M | 402.0M | -- |
| Accounts Receivable | 183.0M | 151.0M | 174.0M | 159.0M | 76.1M |
| Notes Receivable | 7.2M | 1.3M | 6.9M | 6.2M | 18.5M |
| Notes And Accounts Receivable | 190.0M | 152.0M | 181.0M | 165.0M | 94.6M |
| Prepayments | 31.3M | 17.0M | 39.1M | 5.0M | 1.8M |
| Inventory | 106.0M | 70.4M | 46.2M | 35.9M | 43.6M |
| Total Current Assets | 796.0M | 770.0M | 768.0M | 731.0M | 329.0M |
| Long Term Equity Investment | 8.7M | 7.6M | 7.4M | 6.8M | -- |
| Fixed Assets | -- | 39.1M | 29.3M | 17.6M | 7.0M |
| Fixed Assets Total | 42.0M | 39.1M | 29.3M | 17.6M | 7.0M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | 797,300 | -- | -- | -- | -- |
| Intangible Assets | 12.1M | 14.0M | 15.6M | 14.0M | 890,900 |
| Long Term Deferred Expenses | 2.2M | 1.6M | 2.4M | 2.2M | 2.5M |
| Total Non Current Assets | 167.0M | 147.0M | 137.0M | 113.0M | 11.2M |
| Total Assets | 963.0M | 916.0M | 904.0M | 845.0M | 340.0M |
| Short Term Borrowings | 17.0M | -- | 2.8M | 5.0M | -- |
| Accounts Payable | 93.0M | 118.0M | 110.0M | 80.6M | 95.6M |
| Advance Receipts | 229,400 | 229,400 | 229,400 | 250,000 | -- |
| Contract Liabilities | 86.1M | 25.2M | 25.5M | 31.7M | 24.5M |
| Total Current Liabilities | 251.0M | 203.0M | 215.0M | 214.0M | 140.0M |
| Total Non Current Liabilities | 24.6M | 14.8M | 12.5M | 8.9M | 5.9M |
| Total Liabilities | 276.0M | 218.0M | 228.0M | 223.0M | 146.0M |
| Paid In Capital | 72.7M | 72.7M | 51.9M | 37.0M | 27.8M |
| Capital Reserve | 417.0M | 421.0M | 442.0M | 446.0M | 77.6M |
| Surplus Reserve | 16.7M | 14.4M | 13.7M | 10.4M | 6.9M |
| Retained Earnings | 144.0M | 146.0M | 139.0M | 110.0M | 82.1M |
| Minority Equity | 37.2M | 44.1M | 30.0M | 18.6M | -- |
| Equity Attributable | 650.0M | 654.0M | 646.0M | 603.0M | 194.0M |
| Total Equity | 688.0M | 699.0M | 676.0M | 622.0M | 194.0M |
| 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 | 306.0M | 441.0M | 324.0M | 223.0M | 158.0M |
| Tax Refunds Received | 222,500 | 2.9M | 5.4M | -- | 1.4M |
| Total Operating Cash Inflow | 342.0M | 466.0M | 351.0M | 233.0M | 166.0M |
| Cash Paid For Goods | 249.0M | 323.0M | 230.0M | 138.0M | 82.1M |
| Cash Paid To Employees | 68.0M | 63.5M | 54.9M | 35.9M | 29.4M |
| Taxes Paid | 10.0M | 21.1M | 17.3M | 15.6M | 5.9M |
| Total Operating Cash Outflow | 372.0M | 444.0M | 331.0M | 215.0M | 135.0M |
| Operating Cash Flow | -30.0M | 21.5M | 19.8M | 17.7M | 30.5M |
| Total Investing Cash Inflow | 1.1B | 1.4B | 1.3B | 933.0M | 171.0M |
| Total Investing Cash Outflow | 1.1B | 1.3B | 1.3B | 1.4B | 111.0M |
| Investing Cash Flow | 11.5M | 72.9M | -1.6M | -430.0M | 60.4M |
| Cash From Borrowings | 56.7M | 78.2M | 19.5M | -- | -- |
| Dividends And Interest Paid | 30.3M | 19.9M | 18.7M | 34.7M | 27.8M |
| Debt Repayments | 39.8M | 81.0M | 21.7M | -- | -- |
| Total Financing Cash Inflow | 58.3M | 78.7M | 24.2M | 394.0M | -- |
| Total Financing Cash Outflow | 78.9M | 107.0M | 45.7M | 56.1M | 30.2M |
| Financing Cash Flow | -20.6M | -28.3M | -21.6M | 338.0M | -30.2M |
| Net Change In Cash | -39.3M | 66.2M | -1.1M | -75.6M | 59.4M |
| Ending Cash Balance | 118.0M | 157.0M | 90.9M | 92.1M | 168.0M |
| Capex | 16.6M | 24.0M | 23.0M | 11.3M | 2.2M |