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 | 333.0M | 284.0M | 277.0M | 906.0M | 425.0M |
| Revenue Growth % | 17.3% | 2.5% | -69.4% | 113.2% | -- |
| Total Revenue | 333.0M | 284.0M | 277.0M | 906.0M | 425.0M |
| Cost Of Revenue | 247.0M | 293.0M | 294.0M | 798.0M | 296.0M |
| Gross Profit | 86.0M | -9.0M | -17.0M | 108.0M | 129.0M |
| Gross Margin % | 25.8% | -3.2% | -6.1% | 11.9% | 30.4% |
| Total Operating Cost | 450.0M | 432.0M | 453.0M | 1.0B | 920.0M |
| Selling Expenses | -- | 158,900 | 1.9M | 16.0M | 2.2M |
| Admin Expenses | 71.4M | 71.7M | 81.2M | 96.9M | 76.7M |
| Finance Expenses | 80.5M | 39.5M | -2.7M | 76.7M | 104.0M |
| Operating Income | -107.0M | 10.3M | 238.0M | -105.0M | -476.0M |
| Operating Margin % | -32.1% | 3.6% | 85.9% | -11.6% | -112.0% |
| Non Operating Income | -- | 636,300 | 567,600 | 240,300 | -- |
| Non Operating Expenses | 30.2M | 18.5M | 19.9M | 21.7M | 8.5M |
| Investment Income | 10.0M | 158.0M | 413.0M | 1.6M | 10.7M |
| Asset Disposal Income | -454,800 | -- | -801,400 | 158,200 | 140,500 |
| Asset Impairment Loss | 30.1M | 5.3M | -904,300 | 16.1M | 28.1M |
| Other Income | 19,200 | 27,800 | 1.1M | 37,100 | 8.2M |
| Income Before Tax | -137.0M | -7.6M | 218.0M | -127.0M | -485.0M |
| Income Tax | -- | -577,300 | -4.5M | 10.3M | 1.2M |
| Net Income | -137.0M | -7.1M | 223.0M | -137.0M | -486.0M |
| Net Margin % | -41.1% | -2.5% | 80.5% | -15.1% | -114.4% |
| Net Income Attributable | -127.0M | 6.7M | 253.0M | -129.0M | -493.0M |
| Minority Interest | -9.6M | -13.7M | -30.2M | -8.1M | 7.1M |
| Eps Basic | -0.14 | 0.01 | 0.27 | -0.14 | -0.53 |
| Eps Diluted | -0.14 | 0.01 | 0.27 | -0.14 | -0.53 |
| 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 | 90.6M | 5.2M | 7.8M | 10.2M | 125.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 77.7M | -- | 17.8M | 5.0M | 2.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 77.7M | -- | 17.8M | 5.0M | 2.0M |
| Prepayments | 5.5M | 10.6M | 14.8M | 15.6M | 24.2M |
| Inventory | 69.2M | 83.3M | 188.0M | 180.0M | 578.0M |
| Total Current Assets | 457.0M | 229.0M | 386.0M | 373.0M | 865.0M |
| Long Term Equity Investment | 26.7M | 56.0M | 47.6M | 42.1M | 42.6M |
| Fixed Assets | -- | 543.0M | 528.0M | 430.0M | 471.0M |
| Fixed Assets Total | 568.0M | 543.0M | 528.0M | 430.0M | 471.0M |
| Construction In Progress | -- | 24.2M | 20.3M | 85.1M | 83.5M |
| Construction In Progress Total | 59.0M | 24.2M | 20.3M | 85.1M | 83.5M |
| Intangible Assets | 1.3B | 1.3B | 62.0M | 68.4M | 149.0M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 2.1B | 2.1B | 1.3B | 1.3B | 1.5B |
| Total Assets | 2.5B | 2.3B | 1.7B | 1.7B | 2.3B |
| Short Term Borrowings | 85.2M | 85.2M | 280.0M | 92.2M | 101.0M |
| Accounts Payable | 82.5M | 70.5M | 124.0M | 149.0M | 134.0M |
| Advance Receipts | 192,200 | -- | 2.1M | 1.6M | 1.9M |
| Contract Liabilities | 89.5M | 30.4M | 71.6M | 58.3M | 526.0M |
| Total Current Liabilities | 1.3B | 907.0M | 916.0M | 1.3B | 1.7B |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 42.3M | 90.6M | 130.0M | 33.5M | 26.1M |
| Total Liabilities | 1.4B | 998.0M | 1.0B | 1.3B | 1.7B |
| Paid In Capital | 929.0M | 929.0M | 929.0M | 929.0M | 929.0M |
| Capital Reserve | 51.3M | 51.3M | 51.3M | 51.3M | 51.3M |
| Surplus Reserve | 77.9M | 77.9M | 77.9M | 77.9M | 77.9M |
| Retained Earnings | -517.0M | -389.0M | -389.0M | -642.0M | -513.0M |
| Minority Equity | 612.0M | 626.0M | 29.8M | 26.9M | 39.0M |
| Equity Attributable | 529.0M | 673.0M | 642.0M | 375.0M | 535.0M |
| Total Equity | 1.1B | 1.3B | 672.0M | 402.0M | 574.0M |
| 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 | 340.0M | 236.0M | 244.0M | 484.0M | 683.0M |
| Tax Refunds Received | 31.2M | 37.0M | 18.1M | 38.8M | 25.1M |
| Total Operating Cash Inflow | 706.0M | 308.0M | 305.0M | 576.0M | 732.0M |
| Cash Paid For Goods | 166.0M | 175.0M | 191.0M | 246.0M | 363.0M |
| Cash Paid To Employees | 96.2M | 101.0M | 119.0M | 122.0M | 115.0M |
| Taxes Paid | 3.4M | 9.0M | 13.2M | 36.8M | 45.0M |
| Total Operating Cash Outflow | 668.0M | 324.0M | 421.0M | 522.0M | 599.0M |
| Operating Cash Flow | 37.9M | -16.1M | -117.0M | 54.4M | 133.0M |
| Total Investing Cash Inflow | 37.0M | 5.7M | 357.0M | 26.2M | 16.8M |
| Total Investing Cash Outflow | 95.0M | 15.7M | 35.1M | 69.0M | 97.6M |
| Investing Cash Flow | -58.0M | -10.1M | 322.0M | -42.9M | -80.8M |
| Cash From Borrowings | -- | 173.0M | 480.0M | 92.0M | 92.0M |
| Dividends And Interest Paid | 4.2M | 10.5M | 35.0M | 64.3M | 35.2M |
| Debt Repayments | -- | 179.0M | 537.0M | 105.0M | 107.0M |
| Total Financing Cash Inflow | 177.0M | 319.0M | 609.0M | 119.0M | 92.0M |
| Total Financing Cash Outflow | 69.7M | 296.0M | 817.0M | 218.0M | 142.0M |
| Financing Cash Flow | 107.0M | 22.8M | -208.0M | -99.1M | -50.1M |
| Net Change In Cash | 85.6M | -1.3M | 5,900 | -88.2M | -2.2M |
| Ending Cash Balance | 88.6M | 3.0M | 4.3M | 4.3M | 92.5M |
| Capex | 85.0M | 15.7M | 35.1M | 69.0M | 82.9M |