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 | 2.6B | 4.5B | 1.6B | 1.1B | 553.0M |
| Revenue Growth % | -42.9% | 180.2% | 44.0% | 102.4% | -- |
| Total Revenue | 2.6B | 4.5B | 1.6B | 1.1B | 553.0M |
| Cost Of Revenue | 2.3B | 4.2B | 1.5B | 1.0B | 472.0M |
| Gross Profit | 251.0M | 273.0M | 154.0M | 102.0M | 81.0M |
| Gross Margin % | 9.7% | 6.0% | 9.6% | 9.1% | 14.6% |
| Total Operating Cost | 2.5B | 4.4B | 1.7B | 1.2B | 624.0M |
| Selling Expenses | 13.7M | 17.1M | 16.7M | 11.8M | 7.8M |
| Admin Expenses | 86.5M | 88.0M | 74.5M | 70.0M | 87.1M |
| Rd Expenses | 31.5M | 36.7M | 27.1M | 18.0M | 6.6M |
| Finance Expenses | 41.0M | 24.9M | 19.4M | 34.5M | 46.4M |
| Operating Income | -490.0M | 95.0M | 362.0M | 135.0M | 99.3M |
| Operating Margin % | -19.0% | 2.1% | 22.5% | 12.1% | 18.0% |
| Non Operating Income | 58.3M | 4.8M | 543,400 | 2.4M | 695,700 |
| Non Operating Expenses | 5.0M | 2.0M | 2.2M | 22.8M | 716,600 |
| Investment Income | -545.0M | 4.3M | 401.0M | 127.0M | 95.0M |
| Fair Value Change Income | -- | -- | -103,800 | 49.6M | 62.1M |
| Asset Disposal Income | -2.1M | -66,300 | -96,000 | 3.9M | 12.6M |
| Asset Impairment Loss | 3.3M | 1.6M | 35.1M | 1.4M | -28,200 |
| Other Income | 3.6M | 4.9M | 568,300 | 419,100 | 778,800 |
| Income Before Tax | -437.0M | 97.8M | 361.0M | 115.0M | 99.2M |
| Income Tax | 2.2M | 17.1M | 46.4M | 89.7M | 14.2M |
| Net Income | -439.0M | 80.7M | 314.0M | 25.3M | 85.0M |
| Net Margin % | -17.0% | 1.8% | 19.5% | 2.3% | 15.4% |
| Net Income Attributable | -439.0M | 80.8M | 298.0M | 27.7M | 88.7M |
| Minority Interest | -109,800 | -101,600 | 16.4M | -2.4M | -3.7M |
| Eps Basic | -0.91 | 0.17 | 0.62 | 0.06 | 0.18 |
| Eps Diluted | -0.91 | 0.17 | 0.62 | 0.06 | 0.18 |
| 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 | 516.0M | 325.0M | 135.0M | 113.0M | 57.1M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 557.0M | 427.0M | 249.0M | 301.0M | 25.4M |
| Notes Receivable | 1.5M | 75.4M | -- | 3.5M | 450,000 |
| Notes And Accounts Receivable | 559.0M | 503.0M | 249.0M | 305.0M | 25.8M |
| Prepayments | 283.0M | 378.0M | 290.0M | 15.1M | 23.2M |
| Inventory | 75.1M | 760.0M | 802.0M | 739.0M | 702.0M |
| Total Current Assets | 1.6B | 2.0B | 1.5B | 1.4B | 1.4B |
| Long Term Equity Investment | -- | -- | -- | 660.0M | 556.0M |
| Fixed Assets | -- | 415.0M | 311.0M | 328.0M | 270.0M |
| Fixed Assets Total | 384.0M | 415.0M | 311.0M | 328.0M | 270.0M |
| Construction In Progress | -- | 152.0M | 115.0M | 124.0M | 86.4M |
| Construction In Progress Total | 458.0M | 152.0M | 115.0M | 124.0M | 86.4M |
| Intangible Assets | 52.2M | 52.3M | 52.3M | 54.0M | 66.1M |
| Long Term Deferred Expenses | 2.3M | 21.0M | 21.6M | 22.9M | 19.7M |
| Total Non Current Assets | 1.8B | 1.7B | 1.6B | 2.3B | 1.3B |
| Total Assets | 3.4B | 3.7B | 3.1B | 3.7B | 2.7B |
| Short Term Borrowings | 613.0M | 329.0M | 164.0M | 500.0M | 108.0M |
| Accounts Payable | 177.0M | 165.0M | 95.2M | 99.2M | 39.6M |
| Advance Receipts | 989,400 | 4.5M | 1.8M | 3.5M | 4.3M |
| Contract Liabilities | 52.7M | 54.1M | 19.7M | 19.6M | 10.0M |
| Total Current Liabilities | 1.3B | 1.1B | 377.0M | 1.3B | 365.0M |
| Long Term Borrowings | -- | 28.2M | -- | -- | 120.0M |
| Total Non Current Liabilities | 103.0M | 160.0M | 99.5M | 135.0M | 121.0M |
| Total Liabilities | 1.4B | 1.3B | 476.0M | 1.4B | 485.0M |
| Paid In Capital | 481.0M | 481.0M | 481.0M | 481.0M | 481.0M |
| Capital Reserve | 222.0M | 209.0M | 373.0M | 375.0M | 373.0M |
| Surplus Reserve | 215.0M | 215.0M | 215.0M | 156.0M | 156.0M |
| Retained Earnings | 1.1B | 1.6B | 1.5B | 1.3B | 1.3B |
| Minority Equity | -177,400 | -67,500 | 85.8M | 42.2M | -16.7M |
| Equity Attributable | 2.0B | 2.4B | 2.5B | 2.2B | 2.2B |
| Total Equity | 2.0B | 2.4B | 2.6B | 2.3B | 2.2B |
| 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 | 2.9B | 4.9B | 1.8B | 1.3B | 532.0M |
| Tax Refunds Received | 64,300 | 6,500 | 7.2M | -- | -- |
| Total Operating Cash Inflow | 6.0B | 5.3B | 2.2B | 1.4B | 829.0M |
| Cash Paid For Goods | 2.2B | 4.8B | 2.0B | 1.2B | 461.0M |
| Cash Paid To Employees | 65.7M | 73.3M | 63.0M | 59.5M | 56.8M |
| Taxes Paid | 55.2M | 62.9M | 106.0M | 33.8M | 35.1M |
| Total Operating Cash Outflow | 5.5B | 5.3B | 2.6B | 1.4B | 875.0M |
| Operating Cash Flow | 448.0M | -42.0M | -326.0M | 10.7M | -46.6M |
| Total Investing Cash Inflow | 182.0M | 18.6M | 1.0B | 686.0M | 468.0M |
| Total Investing Cash Outflow | 620.0M | 40.9M | 229.0M | 802.0M | 350.0M |
| Investing Cash Flow | -438.0M | -22.3M | 789.0M | -115.0M | 117.0M |
| Cash From Borrowings | 638.0M | 375.0M | 250.0M | 521.0M | 314.0M |
| Dividends And Interest Paid | 35.1M | 20.5M | 28.4M | 37.5M | 37.8M |
| Debt Repayments | 371.0M | 175.0M | 685.0M | 336.0M | 426.0M |
| Total Financing Cash Inflow | 661.0M | 510.0M | 332.0M | 521.0M | 314.0M |
| Total Financing Cash Outflow | 535.0M | 286.0M | 735.0M | 421.0M | 464.0M |
| Financing Cash Flow | 126.0M | 223.0M | -403.0M | 101.0M | -150.0M |
| Net Change In Cash | 135.0M | 159.0M | 60.9M | -4.3M | -83.0M |
| Ending Cash Balance | 407.0M | 271.0M | 113.0M | 51.8M | 56.1M |
| Capex | 370.0M | 33.9M | 13.4M | 6.7M | 13.5M |