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 | 418.0M | 368.0M | 428.0M | 403.0M | 256.0M |
| Revenue Growth % | 13.6% | -14.0% | 6.2% | 57.4% | -- |
| Total Revenue | 418.0M | 368.0M | 428.0M | 403.0M | 256.0M |
| Cost Of Revenue | 271.0M | 225.0M | 282.0M | 253.0M | 165.0M |
| Gross Profit | 147.0M | 143.0M | 146.0M | 150.0M | 91.0M |
| Gross Margin % | 35.2% | 38.9% | 34.1% | 37.2% | 35.5% |
| Total Operating Cost | 342.0M | 284.0M | 332.0M | 312.0M | 211.0M |
| Selling Expenses | 9.4M | 9.9M | 7.5M | 7.9M | 8.6M |
| Admin Expenses | 27.6M | 26.9M | 23.9M | 22.8M | 16.7M |
| Rd Expenses | 23.4M | 20.2M | 21.1M | 22.4M | 16.4M |
| Finance Expenses | -3.8M | -6.0M | -5.2M | 1.0M | 1.3M |
| Operating Income | 78.9M | 90.7M | 109.0M | 106.0M | 59.9M |
| Operating Margin % | 18.9% | 24.7% | 25.5% | 26.3% | 23.4% |
| Non Operating Income | 34,200 | 179,100 | 30,100 | 75,200 | 16,500 |
| Non Operating Expenses | 1.4M | 472,000 | 466,900 | 1.5M | 304,100 |
| Investment Income | -1.5M | 664,600 | 3.3M | 832,700 | 463,400 |
| Fair Value Change Income | 83,400 | 493,700 | 669,000 | 712,800 | 14,900 |
| Asset Disposal Income | 164,400 | 176,800 | 888,600 | 460,000 | -- |
| Asset Impairment Loss | 9.2M | 5.1M | 1.2M | 1.4M | 182,200 |
| Other Income | 4.8M | 4.8M | 8.1M | 13.0M | 13.6M |
| Income Before Tax | 77.6M | 90.4M | 108.0M | 105.0M | 59.7M |
| Income Tax | 9.7M | 11.6M | 9.0M | 12.7M | 7.0M |
| Net Income | 67.8M | 78.8M | 99.3M | 92.0M | 52.7M |
| Net Margin % | 16.2% | 21.4% | 23.2% | 22.8% | 20.6% |
| Net Income Attributable | 70.3M | 79.9M | 98.8M | 88.7M | 51.8M |
| Minority Interest | -2.5M | -1.1M | 552,900 | 3.3M | 856,900 |
| Eps Basic | 0.59 | 0.67 | 1.16 | 1.25 | 0.81 |
| Eps Diluted | 0.59 | 0.67 | 1.16 | 1.25 | 0.81 |
| 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 | 91.2M | 186.0M | 336.0M | 221.0M | 19.0M |
| Trading Financial Assets | 10.0M | 3.2M | 26,900 | 90.7M | -- |
| Accounts Receivable | 76.7M | 70.4M | 65.9M | 91.3M | 99.9M |
| Notes Receivable | 47.9M | 35.6M | 49.9M | 47.5M | -- |
| Notes And Accounts Receivable | 125.0M | 106.0M | 116.0M | 139.0M | 99.9M |
| Prepayments | 5.0M | 4.1M | 4.6M | 2.8M | 4.6M |
| Inventory | 104.0M | 105.0M | 91.6M | 76.5M | 49.5M |
| Total Current Assets | 364.0M | 418.0M | 554.0M | 552.0M | 217.0M |
| Long Term Equity Investment | 8.8M | 16.8M | 2.0M | -- | -- |
| Fixed Assets | -- | 296.0M | 128.0M | 117.0M | 75.0M |
| Fixed Assets Total | 393.0M | 296.0M | 128.0M | 117.0M | 75.0M |
| Construction In Progress | -- | 80.3M | 160.0M | 28.0M | 58.4M |
| Construction In Progress Total | 66.8M | 80.4M | 160.0M | 28.0M | 58.4M |
| Intangible Assets | 51.9M | 26.2M | 23.9M | 33.1M | 33.6M |
| Long Term Deferred Expenses | 408,800 | 83,700 | 54,000 | 103,800 | 92,000 |
| Total Non Current Assets | 544.0M | 457.0M | 328.0M | 200.0M | 175.0M |
| Total Assets | 908.0M | 876.0M | 883.0M | 752.0M | 392.0M |
| Short Term Borrowings | -- | 812,100 | 4.0M | -- | -- |
| Accounts Payable | 43.3M | 21.2M | 37.9M | 21.6M | 10.6M |
| Advance Receipts | 87,900 | -- | -- | -- | -- |
| Contract Liabilities | 299,400 | 1.4M | 766,100 | 1.7M | 427,300 |
| Total Current Liabilities | 134.0M | 103.0M | 148.0M | 79.7M | 50.3M |
| Long Term Borrowings | 42.2M | 49.1M | 52.1M | 47.1M | 20.0M |
| Total Non Current Liabilities | 56.8M | 62.4M | 66.5M | 58.0M | 30.8M |
| Total Liabilities | 191.0M | 166.0M | 215.0M | 138.0M | 81.1M |
| Paid In Capital | 120.0M | 85.6M | 85.4M | 85.4M | 64.1M |
| Capital Reserve | 322.0M | 366.0M | 353.0M | 348.0M | 156.0M |
| Surplus Reserve | 42.3M | 35.0M | 26.7M | 16.9M | 8.7M |
| Retained Earnings | 227.0M | 215.0M | 195.0M | 156.0M | 76.1M |
| Minority Equity | 6.0M | 8.4M | 9.0M | 8.5M | 5.1M |
| Equity Attributable | 711.0M | 701.0M | 659.0M | 606.0M | 305.0M |
| Total Equity | 717.0M | 710.0M | 668.0M | 615.0M | 311.0M |
| 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 | 327.0M | 325.0M | 404.0M | 348.0M | 183.0M |
| Tax Refunds Received | -- | 60,300 | 3.0M | 115,600 | 248,000 |
| Total Operating Cash Inflow | 335.0M | 336.0M | 419.0M | 364.0M | 200.0M |
| Cash Paid For Goods | 125.0M | 173.0M | 160.0M | 181.0M | 149.0M |
| Cash Paid To Employees | 65.7M | 58.6M | 54.7M | 48.1M | 32.9M |
| Taxes Paid | 36.4M | 31.8M | 21.3M | 25.4M | 16.7M |
| Total Operating Cash Outflow | 250.0M | 282.0M | 250.0M | 270.0M | 217.0M |
| Operating Cash Flow | 85.1M | 53.8M | 168.0M | 94.2M | -17.7M |
| Total Investing Cash Inflow | 144.0M | 360.0M | 1.0B | 249.0M | 150.0M |
| Total Investing Cash Outflow | 269.0M | 501.0M | 1.1B | 383.0M | 175.0M |
| Investing Cash Flow | -125.0M | -141.0M | -13.2M | -134.0M | -25.8M |
| Cash From Borrowings | 60.2M | 40.8M | 10.0M | 27.0M | 58.0M |
| Dividends And Interest Paid | 53.8M | 53.7M | 51.5M | 897,600 | 428,800 |
| Debt Repayments | 54.4M | 20.5M | 200,000 | -- | 14.0M |
| Total Financing Cash Inflow | 60.2M | 55.3M | 10.0M | 278.0M | 58.0M |
| Total Financing Cash Outflow | 108.0M | 88.6M | 95.1M | 36.4M | 18.7M |
| Financing Cash Flow | -48.2M | -33.3M | -85.1M | 242.0M | 39.3M |
| Net Change In Cash | -86.5M | -119.0M | 72.2M | 201.0M | -4.7M |
| Ending Cash Balance | 86.6M | 173.0M | 292.0M | 220.0M | 19.0M |
| Capex | 118.0M | 133.0M | 115.0M | 53.6M | 39.2M |