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 | 2.1B | 2.3B | 2.5B | 2.6B | 1.8B |
| Revenue Growth % | -5.9% | -9.7% | -4.2% | 42.9% | -- |
| Total Revenue | 2.1B | 2.3B | 2.5B | 2.6B | 1.8B |
| Cost Of Revenue | 2.1B | 2.2B | 2.4B | 2.1B | 1.7B |
| Gross Profit | 54.0M | 85.0M | 159.0M | 536.0M | 156.0M |
| Gross Margin % | 2.5% | 3.8% | 6.3% | 20.5% | 8.5% |
| Total Operating Cost | 2.4B | 2.4B | 2.6B | 2.4B | 1.9B |
| Selling Expenses | 6.8M | 8.6M | 6.7M | 7.5M | 5.8M |
| Admin Expenses | 89.3M | 97.2M | 90.6M | 174.0M | 132.0M |
| Rd Expenses | 75.7M | 81.5M | 86.2M | 91.9M | 66.6M |
| Finance Expenses | 15.2M | 20.6M | 15.6M | 25.8M | 30.6M |
| Operating Income | -286.0M | -198.0M | -166.0M | 147.0M | -261.0M |
| Operating Margin % | -13.4% | -8.7% | -6.6% | 5.6% | -14.2% |
| Non Operating Income | 75,900 | 1.4M | 967,200 | 60,400 | 850,600 |
| Non Operating Expenses | 1.1M | 1.3M | 4.7M | 1.3M | 2.2M |
| Investment Income | -16.7M | -71.8M | -85.8M | -87.6M | -190.0M |
| Fair Value Change Income | -- | -- | -552,000 | -- | -- |
| Asset Disposal Income | 120,100 | -2.4M | -59,300 | -1.0M | -7,400 |
| Asset Impairment Loss | 134.0M | 152,500 | 17.7M | -- | -- |
| Other Income | 16.3M | 27.7M | 17.6M | 18.0M | 18.1M |
| Income Before Tax | -287.0M | -198.0M | -169.0M | 146.0M | -263.0M |
| Income Tax | -32.9M | -23.0M | -24.0M | 38.3M | -12.3M |
| Net Income | -254.0M | -175.0M | -145.0M | 107.0M | -250.0M |
| Net Margin % | -11.9% | -7.7% | -5.8% | 4.1% | -13.6% |
| Net Income Attributable | -244.0M | -175.0M | -145.0M | 107.0M | -250.0M |
| Minority Interest | -9.4M | -498,800 | -172,000 | -- | -- |
| Eps Basic | -0.25 | -0.18 | -0.15 | 0.11 | -0.25 |
| Eps Diluted | -0.25 | -0.18 | -0.15 | 0.11 | -0.25 |
| 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 | 169.0M | 391.0M | 392.0M | 452.0M | 360.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 171.0M | 125.0M | 128.0M | 172.0M | 95.0M |
| Notes Receivable | 167.0M | 160.0M | 146.0M | 18.7M | -- |
| Notes And Accounts Receivable | 338.0M | 284.0M | 275.0M | 190.0M | 95.0M |
| Prepayments | 8.2M | 5.2M | 16.9M | 19.1M | 16.0M |
| Inventory | 154.0M | 162.0M | 290.0M | 249.0M | 129.0M |
| Total Current Assets | 800.0M | 988.0M | 1.6B | 1.6B | 1.3B |
| Long Term Equity Investment | 187.0M | 312.0M | 385.0M | 314.0M | 363.0M |
| Fixed Assets | -- | 1.1B | 994.0M | 1.1B | 1.1B |
| Fixed Assets Total | 1.0B | 1.1B | 994.0M | 1.1B | 1.1B |
| Construction In Progress | -- | 286.0M | 59.6M | 51.0M | 38.9M |
| Construction In Progress Total | 441.0M | 291.0M | 60.0M | 51.2M | 39.0M |
| Intangible Assets | 68.2M | 69.6M | 71.4M | 48.4M | 49.6M |
| Long Term Deferred Expenses | 7.6M | 3.4M | 3.1M | 4.3M | 1.9M |
| Total Non Current Assets | 2.2B | 2.2B | 1.7B | 1.5B | 1.6B |
| Total Assets | 3.0B | 3.2B | 3.2B | 3.1B | 2.9B |
| Short Term Borrowings | 442.0M | 411.0M | 539.0M | 524.0M | 526.0M |
| Accounts Payable | 666.0M | 497.0M | 325.0M | 362.0M | 314.0M |
| Advance Receipts | 23,000 | 2.4M | -- | -- | -- |
| Contract Liabilities | 26.1M | 22.9M | 13.7M | 35.8M | 32.2M |
| Total Current Liabilities | 1.5B | 1.3B | 1.2B | 1.1B | 1.0B |
| Long Term Borrowings | 56.0M | 72.0M | -- | -- | -- |
| Total Non Current Liabilities | 72.8M | 90.1M | 28.9M | 51.2M | 62.4M |
| Total Liabilities | 1.6B | 1.4B | 1.2B | 1.2B | 1.1B |
| Paid In Capital | 987.0M | 987.0M | 987.0M | 987.0M | 987.0M |
| Capital Reserve | -158.0M | -24.6M | 93.3M | -64.1M | -64.1M |
| Surplus Reserve | -- | -- | 61.9M | 61.9M | 61.9M |
| Retained Earnings | 310.0M | 555.0M | 782.0M | 928.0M | 820.0M |
| Minority Equity | 250.0M | 259.0M | 104.0M | -- | -- |
| Equity Attributable | 1.1B | 1.5B | 1.9B | 1.9B | 1.8B |
| Total Equity | 1.4B | 1.8B | 2.0B | 1.9B | 1.8B |
| 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 | 1.1B | 1.6B | 1.6B | 1.4B | 1.1B |
| Tax Refunds Received | 899,300 | 2.6M | -- | -- | -- |
| Total Operating Cash Inflow | 1.2B | 1.7B | 1.7B | 1.4B | 1.1B |
| Cash Paid For Goods | 889.0M | 1.1B | 1.4B | 954.0M | 636.0M |
| Cash Paid To Employees | 156.0M | 146.0M | 155.0M | 157.0M | 130.0M |
| Taxes Paid | 62.6M | 52.2M | 67.1M | 105.0M | 74.1M |
| Total Operating Cash Outflow | 1.2B | 1.5B | 1.6B | 1.3B | 968.0M |
| Operating Cash Flow | 21.7M | 215.0M | 32.4M | 115.0M | 178.0M |
| Total Investing Cash Inflow | 70.0M | 162.0M | 11.5M | 1.6M | 5,393 |
| Total Investing Cash Outflow | 195.0M | 374.0M | 157.0M | 67.0M | 23.6M |
| Investing Cash Flow | -125.0M | -213.0M | -146.0M | -65.4M | -23.6M |
| Cash From Borrowings | 798.0M | 552.0M | 691.0M | 722.0M | 544.0M |
| Dividends And Interest Paid | 31.5M | 31.6M | 22.2M | 24.6M | 43.4M |
| Debt Repayments | 819.0M | 708.0M | 676.0M | 725.0M | 599.0M |
| Total Financing Cash Inflow | 838.0M | 734.0M | 850.0M | 722.0M | 544.0M |
| Total Financing Cash Outflow | 863.0M | 739.0M | 698.0M | 799.0M | 647.0M |
| Financing Cash Flow | -25.6M | -5.6M | 152.0M | -77.1M | -104.0M |
| Net Change In Cash | -126.0M | -3.0M | 37.3M | -26.8M | 48.5M |
| Ending Cash Balance | 128.0M | 254.0M | 257.0M | 220.0M | 247.0M |
| Capex | 124.0M | 322.0M | 157.0M | 28.8M | 23.5M |