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 | 413.0M | 255.0M | 269.0M | 141.0M | 140.0M |
| Revenue Growth % | 62.0% | -5.2% | 90.8% | 0.7% | -- |
| Total Revenue | 413.0M | 255.0M | 269.0M | 141.0M | 140.0M |
| Cost Of Revenue | 336.0M | 163.0M | 166.0M | 129.0M | 106.0M |
| Gross Profit | 77.0M | 92.0M | 103.0M | 12.0M | 34.0M |
| Gross Margin % | 18.6% | 36.1% | 38.3% | 8.5% | 24.3% |
| Total Operating Cost | 430.0M | 292.0M | 285.0M | 247.0M | 206.0M |
| Selling Expenses | 8.3M | 12.2M | 12.4M | 3.4M | 5.0M |
| Admin Expenses | 53.6M | 61.8M | 61.9M | 55.2M | 48.3M |
| Finance Expenses | 5.5M | 6.2M | 13.0M | 42.3M | 29.4M |
| Operating Income | -17.6M | 68.4M | -6.5M | -101.0M | -64.7M |
| Operating Margin % | -4.3% | 26.8% | -2.4% | -71.6% | -46.2% |
| Non Operating Income | 4.7M | 731,300 | 8.4M | 740,600 | 641,900 |
| Non Operating Expenses | 5.1M | 392,400 | 789,400 | 522,800 | 6.0M |
| Investment Income | -567,100 | 102.0M | 5.2M | 3.0M | -4.7M |
| Fair Value Change Income | -- | -- | -- | -24,500 | -602,500 |
| Asset Disposal Income | 95,200 | -39,300 | 51,000 | 14,300 | 500.00 |
| Asset Impairment Loss | 11.3M | 17.8M | -- | 109,300 | -- |
| Other Income | 53,400 | 3.5M | 4.3M | 3.0M | 6.0M |
| Income Before Tax | -18.0M | 68.8M | 1.0M | -100.0M | -70.1M |
| Income Tax | 3.8M | 6.1M | 7.1M | 3.6M | 3.1M |
| Net Income | -21.9M | 62.6M | -6.1M | -104.0M | -73.2M |
| Net Margin % | -5.3% | 24.6% | -2.3% | -73.8% | -52.3% |
| Net Income Attributable | -24.5M | 56.2M | -16.9M | -94.2M | -71.7M |
| Minority Interest | 2.7M | 6.4M | 10.7M | -9.9M | -1.5M |
| Eps Basic | -0.02 | 0.04 | -0.01 | -0.07 | -0.06 |
| Eps Diluted | -0.02 | 0.04 | -0.01 | -0.07 | -0.06 |
| 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 | 279.0M | 197.0M | 300.0M | 74.7M | 315.0M |
| Trading Financial Assets | -- | -- | -- | -- | 30.9M |
| Accounts Receivable | 53.4M | 34.8M | 34.5M | 11.0M | 9.6M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 53.4M | 34.8M | 34.5M | 11.0M | 9.6M |
| Prepayments | 2.0M | 3.0M | 2.7M | 224,200 | 270,500 |
| Inventory | 130.0M | 32.5M | 76.9M | 36.1M | 35.4M |
| Total Current Assets | 751.0M | 358.0M | 487.0M | 231.0M | 674.0M |
| Long Term Equity Investment | 19.1M | 19.7M | 25.3M | 25.6M | 27.3M |
| Fixed Assets | -- | 576.0M | 643.0M | 434.0M | 267.0M |
| Fixed Assets Total | 619.0M | 577.0M | 643.0M | 434.0M | 267.0M |
| Construction In Progress | -- | 96.0M | 2.1M | -- | 150.0M |
| Construction In Progress Total | 64.9M | 96.0M | 2.1M | -- | 150.0M |
| Intangible Assets | 12.0M | 14.0M | 14.0M | 58.2M | 59.5M |
| Long Term Deferred Expenses | 17.0M | 4.4M | 4.6M | 1,500 | 10,700 |
| Total Non Current Assets | 1.6B | 1.6B | 2.0B | 1.7B | 1.5B |
| Total Assets | 2.4B | 2.0B | 2.5B | 1.9B | 2.2B |
| Short Term Borrowings | 60.1M | 31.2M | 50.1M | 47.3M | 110.0M |
| Accounts Payable | 173.0M | 94.7M | 63.4M | 50.9M | 47.1M |
| Advance Receipts | 4.9M | 4.3M | 8.0M | 8.4M | 6.1M |
| Contract Liabilities | 16.1M | 19.2M | 18.8M | 7.9M | 8.4M |
| Total Current Liabilities | 454.0M | 341.0M | 394.0M | 317.0M | 406.0M |
| Long Term Borrowings | 629.0M | 354.0M | 440.0M | 473.0M | 531.0M |
| Total Non Current Liabilities | 667.0M | 385.0M | 473.0M | 482.0M | 540.0M |
| Total Liabilities | 1.1B | 726.0M | 867.0M | 799.0M | 946.0M |
| Paid In Capital | 1.3B | 1.3B | 1.3B | 1.3B | 1.3B |
| Capital Reserve | -- | -- | 348.0M | 70.0M | 70.0M |
| Surplus Reserve | -- | -- | 62.9M | 62.9M | 62.9M |
| Retained Earnings | -226.0M | -206.0M | -229.0M | -300.0M | -206.0M |
| Minority Equity | 190.0M | 189.0M | 182.0M | -7.5M | 2.2M |
| Equity Attributable | 1.1B | 1.1B | 1.5B | 1.1B | 1.2B |
| Total Equity | 1.3B | 1.3B | 1.7B | 1.1B | 1.2B |
| 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 | 261.0M | 307.0M | 304.0M | 104.0M | 123.0M |
| Tax Refunds Received | 199,800 | 786,200 | 28.2M | 12.2M | 2.8M |
| Total Operating Cash Inflow | 278.0M | 333.0M | 365.0M | 148.0M | 150.0M |
| Cash Paid For Goods | 324.0M | 57.4M | 55.6M | 35.3M | 24.7M |
| Cash Paid To Employees | 53.1M | 47.7M | 52.6M | 38.3M | 26.3M |
| Taxes Paid | 18.7M | 91.7M | 17.2M | 17.2M | 19.6M |
| Total Operating Cash Outflow | 439.0M | 261.0M | 185.0M | 141.0M | 137.0M |
| Operating Cash Flow | -161.0M | 72.9M | 179.0M | 6.8M | 13.2M |
| Total Investing Cash Inflow | 16.3M | 5.9M | 30.7M | 4.9M | 216.0M |
| Total Investing Cash Outflow | 66.3M | 74.5M | 36.5M | 58.2M | 105.0M |
| Investing Cash Flow | -50.0M | -68.7M | -5.8M | -53.2M | 111.0M |
| Cash From Borrowings | 492.0M | 31.1M | 65.0M | 47.2M | 195.0M |
| Dividends And Interest Paid | 26.2M | 24.6M | 29.5M | 36.4M | 36.0M |
| Debt Repayments | 172.0M | 136.0M | 115.0M | 196.0M | 330.0M |
| Total Financing Cash Inflow | 493.0M | 148.0M | 65.0M | 47.2M | 202.0M |
| Total Financing Cash Outflow | 201.0M | 287.0M | 147.0M | 233.0M | 366.0M |
| Financing Cash Flow | 293.0M | -138.0M | -81.5M | -186.0M | -164.0M |
| Net Change In Cash | 82.0M | -134.0M | 92.1M | -232.0M | -39.8M |
| Ending Cash Balance | 248.0M | 166.0M | 300.0M | 74.9M | 307.0M |
| Capex | 66.3M | 69.7M | 36.5M | 57.2M | 104.0M |