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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 477.0M | 294.0M | 324.0M | 321.0M | 289.0M | 249.0M | 183.0M | 106.0M |
| Revenue Growth % | 62.2% | -9.3% | 0.9% | 11.1% | 16.1% | 36.1% | 72.6% | -- |
| Total Revenue | 477.0M | 294.0M | 324.0M | 321.0M | 289.0M | 249.0M | 183.0M | 106.0M |
| Cost Of Revenue | 287.0M | 210.0M | 220.0M | 219.0M | 184.0M | 157.0M | 120.0M | 60.9M |
| Gross Profit | 190.0M | 84.0M | 104.0M | 102.0M | 105.0M | 92.0M | 63.0M | 45.1M |
| Gross Margin % | 39.8% | 28.6% | 32.1% | 31.8% | 36.3% | 36.9% | 34.4% | 42.5% |
| Total Operating Cost | 438.0M | 282.0M | 284.0M | 271.0M | 236.0M | 205.0M | 163.0M | 91.2M |
| Selling Expenses | 10.6M | 8.2M | 8.3M | 7.2M | 5.6M | 6.8M | 5.2M | 4.6M |
| Admin Expenses | 50.1M | 34.3M | 30.5M | 25.4M | 20.8M | 15.2M | 15.1M | 12.6M |
| Rd Expenses | 30.1M | 25.3M | 20.5M | 16.4M | 16.5M | 17.0M | 14.9M | 6.5M |
| Finance Expenses | 18.6M | -1.6M | -1.4M | 2.5M | 1.5M | 2.3M | 1.4M | 2.2M |
| Operating Income | 69.3M | 16.3M | 49.0M | 61.0M | 59.2M | 48.0M | 23.0M | 17.6M |
| Operating Margin % | 14.5% | 5.6% | 15.1% | 19.0% | 20.5% | 19.3% | 12.5% | 16.6% |
| Non Operating Income | 10,800 | 561,200 | 318,200 | 135,700 | 1.0M | 450,100 | 17,900 | 127,000 |
| Non Operating Expenses | 170,800 | 97,400 | 274,700 | 120,300 | 69,100 | 91,800 | 58,400 | 62,700 |
| Investment Income | -44,800 | -35,600 | 695,900 | 885,900 | -122,600 | 174,200 | 822,400 | 405,400 |
| Fair Value Change Income | -110,600 | -2.0M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -544,700 | 506,300 | 72,800 | 404,300 | -1.3M | 1.2M | -215,400 | 370,200 |
| Asset Impairment Loss | 6.5M | 4.2M | 2.5M | 1.5M | 3.8M | 3.6M | 5.0M | 3.0M |
| Other Income | 31.2M | 6.5M | 8.5M | 10.5M | 8.2M | 2.7M | 1.5M | 1.6M |
| Income Before Tax | 69.2M | 16.8M | 49.1M | 61.0M | 60.2M | 48.3M | 22.9M | 17.7M |
| Income Tax | 11.1M | 531,200 | 6.2M | 7.2M | 6.9M | 5.3M | 2.1M | 2.8M |
| Net Income | 58.1M | 16.3M | 42.9M | 53.8M | 53.3M | 43.1M | 20.9M | 14.9M |
| Net Margin % | 12.2% | 5.5% | 13.2% | 16.8% | 18.5% | 17.3% | 11.4% | 14.1% |
| Net Income Attributable | 45.5M | 15.2M | 42.5M | 51.0M | 51.2M | 42.2M | 20.5M | 16.2M |
| Minority Interest | 12.5M | 1.0M | 392,800 | 2.8M | 2.1M | 905,900 | 337,300 | -1.3M |
| Eps Basic | 0.31 | 0.10 | 0.38 | 0.51 | 0.61 | 0.55 | 0.27 | 0.25 |
| Eps Diluted | 0.31 | 0.10 | 0.38 | 0.51 | 0.61 | 0.55 | 0.27 | 0.25 |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 77.1M | 94.5M | 277.0M | 264.0M | 98.9M | 69.0M | 52.2M | 65.0M |
| Trading Financial Assets | -- | -- | 25.0M | 70.0M | -- | 102.0M | -- | -- |
| Accounts Receivable | 503.0M | 176.0M | 178.0M | 152.0M | 177.0M | 126.0M | 97.1M | 36.6M |
| Notes Receivable | 18.7M | 20.5M | 21.3M | 32.6M | 21.4M | 25.2M | 14.3M | 44.6M |
| Notes And Accounts Receivable | 521.0M | 196.0M | 199.0M | 185.0M | 198.0M | 151.0M | 111.0M | 81.2M |
| Prepayments | 1.3M | 1.1M | 11.4M | 10.1M | 1.4M | 1.1M | 720,500 | 1.6M |
| Inventory | 74.4M | 94.0M | 59.4M | 42.9M | 44.7M | 38.4M | 32.9M | 20.4M |
| Total Current Assets | 919.0M | 416.0M | 595.0M | 581.0M | 374.0M | 397.0M | 241.0M | 230.0M |
| Long Term Equity Investment | -- | 3.1M | 3.6M | 4.4M | 5.7M | -- | -- | -- |
| Fixed Assets | -- | 246.0M | 235.0M | 246.0M | 202.0M | 71.3M | 77.8M | 54.2M |
| Fixed Assets Total | 495.0M | 246.0M | 235.0M | 246.0M | 202.0M | 71.3M | 77.8M | 54.2M |
| Construction In Progress | -- | 35.2M | 5.1M | 199,800 | 64.7M | 114.0M | 7.4M | 1.2M |
| Construction In Progress Total | 429.0M | 35.2M | 5.1M | 199,800 | 64.7M | 114.0M | 7.4M | 1.2M |
| Intangible Assets | 35.3M | 34.5M | 18.5M | 14.9M | 11.2M | 5.8M | 5.5M | 4.8M |
| Long Term Deferred Expenses | 9.6M | 6.0M | 1.2M | 1.8M | 356,600 | 1.4M | 2.7M | 3.1M |
| Total Non Current Assets | 1.3B | 451.0M | 309.0M | 286.0M | 289.0M | 242.0M | 100.0M | 68.7M |
| Total Assets | 2.2B | 868.0M | 904.0M | 866.0M | 663.0M | 639.0M | 341.0M | 299.0M |
| Short Term Borrowings | 588.0M | 10.0M | 6.0M | -- | 32.2M | 134.0M | 36.3M | 16.0M |
| Accounts Payable | 425.0M | 83.4M | 55.4M | 46.0M | 60.9M | 62.9M | 31.4M | 26.8M |
| Advance Receipts | -- | -- | -- | 29,700 | -- | 990,900 | 1.3M | 1.3M |
| Contract Liabilities | 7.3M | 27,700 | 3.0M | 1.8M | 1.2M | -- | -- | -- |
| Total Current Liabilities | 1.2B | 152.0M | 148.0M | 123.0M | 152.0M | 245.0M | 91.7M | 63.3M |
| Long Term Borrowings | 192.0M | -- | 15.0M | 40.1M | 61.1M | -- | -- | -- |
| Total Non Current Liabilities | 211.0M | 12.8M | 29.0M | 57.8M | 78.7M | 16.6M | 5.4M | 13.6M |
| Total Liabilities | 1.4B | 165.0M | 177.0M | 181.0M | 231.0M | 262.0M | 97.1M | 76.9M |
| Paid In Capital | 145.0M | 112.0M | 112.0M | 112.0M | 83.9M | 83.9M | 76.0M | 76.0M |
| Capital Reserve | 383.0M | 371.0M | 370.0M | 370.0M | 198.0M | 198.0M | 118.0M | 118.0M |
| Surplus Reserve | 23.1M | 22.1M | 20.5M | 15.9M | 11.7M | 7.3M | 3.5M | 1.7M |
| Retained Earnings | 183.0M | 181.0M | 200.0M | 163.0M | 116.0M | 69.1M | 30.7M | 12.0M |
| Minority Equity | 57.8M | 10.7M | 16.6M | 20.0M | 17.2M | 15.0M | 12.4M | 12.0M |
| Equity Attributable | 741.0M | 692.0M | 710.0M | 665.0M | 414.0M | 362.0M | 231.0M | 210.0M |
| Total Equity | 799.0M | 703.0M | 726.0M | 685.0M | 431.0M | 377.0M | 244.0M | 222.0M |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.0B | 327.0M | 332.0M | 394.0M | 268.0M | 230.0M | 164.0M | 96.3M |
| Tax Refunds Received | -- | -- | -- | 114,600 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.1B | 335.0M | 341.0M | 410.0M | 284.0M | 248.0M | 169.0M | 104.0M |
| Cash Paid For Goods | 1.2B | 200.0M | 169.0M | 220.0M | 158.0M | 121.0M | 89.0M | 42.9M |
| Cash Paid To Employees | 72.0M | 78.2M | 57.6M | 51.0M | 42.6M | 46.5M | 48.2M | 26.7M |
| Taxes Paid | 11.1M | 15.2M | 35.1M | 5.6M | 9.4M | 18.9M | 19.8M | 15.6M |
| Total Operating Cash Outflow | 1.3B | 308.0M | 279.0M | 291.0M | 223.0M | 197.0M | 165.0M | 92.8M |
| Operating Cash Flow | -217.0M | 26.8M | 62.4M | 118.0M | 60.7M | 51.1M | 3.9M | 10.9M |
| Total Investing Cash Inflow | 2.1M | 105.0M | 196.0M | 8.8M | 120.0M | 54.1M | 199.0M | 39.3M |
| Total Investing Cash Outflow | 614.0M | 268.0M | 213.0M | 109.0M | 103.0M | 271.0M | 215.0M | 118.0M |
| Investing Cash Flow | -611.0M | -163.0M | -17.6M | -100.0M | 16.4M | -217.0M | -15.9M | -78.9M |
| Cash From Borrowings | 1.1B | 11.3M | 6.0M | 8.0M | 138.0M | 147.0M | 46.3M | 50.6M |
| Dividends And Interest Paid | 24.6M | 34.9M | 1.3M | 2.3M | 1.8M | 2.8M | 1.1M | 1.3M |
| Debt Repayments | 264.0M | 22.3M | 25.0M | 61.2M | 179.0M | 49.3M | 26.0M | 44.6M |
| Total Financing Cash Inflow | 1.1B | 11.3M | 6.0M | 228.0M | 138.0M | 236.0M | 46.3M | 172.0M |
| Total Financing Cash Outflow | 294.0M | 57.5M | 36.8M | 79.5M | 184.0M | 52.5M | 39.4M | 60.8M |
| Financing Cash Flow | 809.0M | -46.2M | -30.8M | 149.0M | -46.4M | 184.0M | 6.9M | 111.0M |
| Net Change In Cash | -19.0M | -183.0M | 13.7M | 166.0M | 30.8M | 18.2M | -5.0M | 43.4M |
| Ending Cash Balance | 75.5M | 94.5M | 277.0M | 263.0M | 97.1M | 66.3M | 48.1M | 53.2M |
| Capex | 614.0M | 176.0M | 76.6M | 38.0M | 81.4M | 145.0M | 53.7M | 28.4M |