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 | 1.0B | 741.0M | 884.0M | 295.0M | 50.1M |
| Revenue Growth % | 39.3% | -16.2% | 199.7% | 489.0% | -- |
| Total Revenue | 1.0B | 741.0M | 884.0M | 295.0M | 50.1M |
| Cost Of Revenue | 992.0M | 677.0M | 803.0M | 249.0M | 33.4M |
| Gross Profit | 40.0M | 64.0M | 81.0M | 46.0M | 16.6M |
| Gross Margin % | 3.9% | 8.6% | 9.2% | 15.6% | 33.2% |
| Total Operating Cost | 1.0B | 766.0M | 877.0M | 314.0M | 67.1M |
| Selling Expenses | 3.7M | 3.7M | 6.2M | 2.3M | 2.5M |
| Admin Expenses | 33.6M | 46.0M | 45.8M | 42.3M | 32.1M |
| Rd Expenses | 9.8M | 11.2M | 12.5M | 10.4M | -- |
| Finance Expenses | 3.5M | 12.2M | 6.1M | 2.9M | 139,100 |
| Operating Income | -11.7M | -21.7M | 18.2M | 1.9M | 29.2M |
| Operating Margin % | -1.1% | -2.9% | 2.1% | 0.6% | 58.3% |
| Non Operating Income | 2.6M | 44.2M | 863,800 | 2.8M | 300.00 |
| Non Operating Expenses | 269,300 | 117,100 | 3.4M | 2.4M | 13.8M |
| Investment Income | -- | 2.0M | 4.7M | 3.5M | 83,400 |
| Fair Value Change Income | -- | -- | -- | 105,400 | -- |
| Asset Disposal Income | -71,700 | 120,000 | 2.1M | 17.4M | 601,800 |
| Asset Impairment Loss | 3.2M | 7.1M | 455,500 | 2.3M | -- |
| Other Income | 3.4M | 1.5M | 4.8M | 114,300 | 45.6M |
| Income Before Tax | -9.4M | 22.4M | 15.6M | 2.3M | 15.4M |
| Income Tax | 1.0M | 2.2M | 9.0M | 4.0M | 2.3M |
| Net Income | -10.5M | 20.1M | 6.6M | -1.6M | 13.1M |
| Net Margin % | -1.0% | 2.7% | 0.7% | -0.6% | 26.2% |
| Net Income Attributable | -13.9M | 12.6M | -2.7M | -5.6M | 7.6M |
| Minority Interest | 3.5M | 7.5M | 9.4M | 4.0M | 5.6M |
| Eps Basic | -0.01 | 0.01 | -0.00 | -0.01 | 0.01 |
| Eps Diluted | -0.01 | 0.01 | -0.00 | -0.01 | 0.01 |
| 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 | 99.8M | 95.7M | 36.6M | 28.9M | 159.0M |
| Trading Financial Assets | -- | -- | -- | 21.1M | 16.3M |
| Accounts Receivable | 208.0M | 162.0M | 107.0M | 67.5M | 8.1M |
| Notes Receivable | -- | 3.6M | 2.5M | -- | -- |
| Notes And Accounts Receivable | 208.0M | 166.0M | 110.0M | 67.5M | 8.1M |
| Prepayments | 10.0M | 25.9M | 30.0M | 24.6M | 1.6M |
| Inventory | 183.0M | 169.0M | 163.0M | 203.0M | 4.9M |
| Total Current Assets | 603.0M | 549.0M | 393.0M | 362.0M | 213.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 107.0M | 87.6M | 86.1M | 11.8M |
| Fixed Assets Total | 112.0M | 107.0M | 87.6M | 86.1M | 11.8M |
| Construction In Progress | -- | 206,900 | 11.7M | 151,100 | -- |
| Construction In Progress Total | -- | 206,900 | 11.7M | 151,100 | -- |
| Intangible Assets | 32.1M | 35.4M | 38.5M | 41.9M | -- |
| Long Term Deferred Expenses | -- | -- | -- | 3.4M | 3.9M |
| Total Non Current Assets | 220.0M | 204.0M | 220.0M | 213.0M | 59.7M |
| Total Assets | 823.0M | 753.0M | 613.0M | 575.0M | 272.0M |
| Short Term Borrowings | 173.0M | 155.0M | 76.2M | 25.1M | -- |
| Accounts Payable | 180.0M | 131.0M | 101.0M | 112.0M | 2.1M |
| Advance Receipts | 119,800 | 56,900 | 56,900 | -- | -- |
| Contract Liabilities | 10.8M | 2.6M | 5.2M | 10.2M | 4.2M |
| Total Current Liabilities | 518.0M | 512.0M | 376.0M | 331.0M | 117.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 104.0M | 13.5M | 16.8M | 25.1M | 5.7M |
| Total Liabilities | 621.0M | 526.0M | 392.0M | 357.0M | 123.0M |
| Paid In Capital | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Capital Reserve | 251.0M | 251.0M | 251.0M | 251.0M | 251.0M |
| Surplus Reserve | 19.7M | 19.7M | 19.7M | 19.7M | 19.7M |
| Retained Earnings | -1.2B | -1.2B | -1.2B | -1.2B | -1.2B |
| Minority Equity | 67.7M | 78.9M | 85.0M | 80.2M | 1.6M |
| Equity Attributable | 134.0M | 148.0M | 135.0M | 138.0M | 148.0M |
| Total Equity | 202.0M | 227.0M | 220.0M | 218.0M | 150.0M |
| 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 | 1.0B | 719.0M | 862.0M | 241.0M | 50.8M |
| Tax Refunds Received | 45.9M | 16.1M | 39.0M | 8.3M | 328,500 |
| Total Operating Cash Inflow | 1.1B | 744.0M | 903.0M | 251.0M | 52.2M |
| Cash Paid For Goods | 950.0M | 658.0M | 795.0M | 251.0M | 21.3M |
| Cash Paid To Employees | 37.1M | 43.1M | 43.9M | 30.7M | 25.2M |
| Taxes Paid | 7.3M | 9.4M | 5.2M | 3.5M | 2.6M |
| Total Operating Cash Outflow | 1.0B | 731.0M | 886.0M | 392.0M | 148.0M |
| Operating Cash Flow | 55.0M | 12.5M | 17.7M | -142.0M | -95.3M |
| Total Investing Cash Inflow | 4.2M | 20.5M | 53.0M | 63.7M | 20.8M |
| Total Investing Cash Outflow | 32.1M | 64.7M | 49.6M | 160.0M | 8.9M |
| Investing Cash Flow | -28.0M | -44.2M | 3.4M | -96.4M | 12.0M |
| Cash From Borrowings | 193.0M | 195.0M | 111.0M | -- | -- |
| Dividends And Interest Paid | 20.9M | 5.8M | 3.2M | 2.1M | 4.9M |
| Debt Repayments | 175.0M | 116.0M | 60.0M | 18.9M | -- |
| Total Financing Cash Inflow | 236.0M | 243.0M | 111.0M | 130.0M | 241.0M |
| Total Financing Cash Outflow | 299.0M | 195.0M | 100.0M | 22.1M | 26.0M |
| Financing Cash Flow | -62.9M | 48.3M | 10.9M | 108.0M | 215.0M |
| Net Change In Cash | -30.3M | 17.4M | 34.4M | -130.0M | 131.0M |
| Ending Cash Balance | 50.4M | 80.7M | 63.3M | 28.9M | 159.0M |
| Capex | 14.7M | 22.4M | 18.1M | 120,200 | 867,900 |