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 | 1.2B | 1.5B | 1.6B | 1.5B | 1.4B |
| Revenue Growth % | -18.3% | -8.1% | 6.5% | 8.3% | -- |
| Total Revenue | 1.2B | 1.5B | 1.6B | 1.5B | 1.4B |
| Cost Of Revenue | 844.0M | 944.0M | 952.0M | 877.0M | 862.0M |
| Gross Profit | 357.0M | 526.0M | 648.0M | 625.0M | 525.0M |
| Gross Margin % | 29.7% | 35.8% | 40.5% | 41.6% | 37.9% |
| Total Operating Cost | 1.4B | 1.4B | 1.5B | 1.4B | 1.4B |
| Selling Expenses | 23.8M | 25.6M | 42.6M | 29.2M | 29.5M |
| Admin Expenses | 181.0M | 174.0M | 229.0M | 251.0M | 220.0M |
| Rd Expenses | 243.0M | 245.0M | 262.0M | 235.0M | 207.0M |
| Finance Expenses | 16.3M | 10.8M | 6.4M | 8.4M | -2.4M |
| Operating Income | -169.0M | 68.0M | 97.3M | 110.0M | 79.2M |
| Operating Margin % | -14.1% | 4.6% | 6.1% | 7.3% | 5.7% |
| Non Operating Income | 2.1M | 616,400 | 1.0M | 717,400 | 32.4M |
| Non Operating Expenses | 5.7M | 410,100 | 1.0M | 241,500 | 1.6M |
| Investment Income | -5.3M | 11.2M | 7.2M | 13.0M | 1.6M |
| Fair Value Change Income | 3.3M | 9.7M | -- | -- | -- |
| Asset Disposal Income | 206,000 | -2,900 | 14.3M | 6.3M | 28.9M |
| Asset Impairment Loss | 6.4M | -139,300 | 468,600 | -61,400 | -262,000 |
| Other Income | 20.3M | 14.4M | 13.5M | 20.5M | 11.9M |
| Income Before Tax | -173.0M | 68.2M | 97.3M | 110.0M | 110.0M |
| Income Tax | -11.1M | 5.4M | -3.2M | -3.8M | -339,300 |
| Net Income | -162.0M | 62.8M | 100.0M | 114.0M | 110.0M |
| Net Margin % | -13.5% | 4.3% | 6.2% | 7.6% | 7.9% |
| Net Income Attributable | -152.0M | 52.3M | 97.7M | 111.0M | 98.7M |
| Minority Interest | -9.7M | 10.5M | 2.8M | 3.5M | 11.6M |
| Eps Basic | -0.25 | 0.09 | 0.16 | 0.18 | 0.16 |
| Eps Diluted | -0.25 | 0.09 | 0.16 | 0.18 | 0.16 |
| 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 | 751.0M | 616.0M | 650.0M | 617.0M | 552.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.4B | 1.6B | 1.5B | 1.1B | 918.0M |
| Notes Receivable | 398.0M | 250.0M | 235.0M | 261.0M | 488.0M |
| Notes And Accounts Receivable | 2.8B | 1.8B | 1.8B | 1.4B | 1.4B |
| Prepayments | 72.7M | 72.1M | 39.6M | 84.5M | 34.6M |
| Inventory | 1.5B | 827.0M | 884.0M | 835.0M | 645.0M |
| Total Current Assets | 5.2B | 3.4B | 3.4B | 2.9B | 2.7B |
| Long Term Equity Investment | 8.2M | -- | -- | -- | -- |
| Fixed Assets | -- | 581.0M | 622.0M | 566.0M | 275.0M |
| Fixed Assets Total | 928.0M | 581.0M | 622.0M | 566.0M | 275.0M |
| Construction In Progress | -- | 137.0M | 143.0M | 213.0M | 463.0M |
| Construction In Progress Total | 17.1M | 137.0M | 143.0M | 213.0M | 463.0M |
| Intangible Assets | 159.0M | 77.8M | 83.4M | 87.0M | 97.2M |
| Long Term Deferred Expenses | 22.2M | 7.9M | 10.0M | 12.9M | 1.9M |
| Total Non Current Assets | 1.5B | 952.0M | 930.0M | 950.0M | 879.0M |
| Total Assets | 6.8B | 4.3B | 4.3B | 3.9B | 3.6B |
| Short Term Borrowings | 869.0M | 410.0M | 345.0M | 193.0M | 21.0M |
| Accounts Payable | 1.6B | 1.2B | 1.1B | 1.0B | 933.0M |
| Advance Receipts | 2.1M | -- | -- | -- | -- |
| Contract Liabilities | 98.8M | 65.8M | 77.1M | 115.0M | 41.3M |
| Total Current Liabilities | 3.6B | 2.0B | 2.2B | 1.9B | 1.6B |
| Long Term Borrowings | 147.0M | 97.0M | 46.4M | 34.4M | 167.0M |
| Total Non Current Liabilities | 363.0M | 238.0M | 146.0M | 146.0M | 240.0M |
| Total Liabilities | 4.0B | 2.3B | 2.4B | 2.0B | 1.9B |
| Paid In Capital | 604.0M | 604.0M | 605.0M | 605.0M | 605.0M |
| Capital Reserve | 857.0M | 175.0M | 177.0M | 177.0M | 176.0M |
| Surplus Reserve | 259,300 | 259,300 | -- | -- | -- |
| Retained Earnings | 1.1B | 1.1B | 1.0B | 915.0M | 805.0M |
| Minority Equity | 156.0M | 139.0M | 132.0M | 134.0M | 136.0M |
| Equity Attributable | 2.6B | 1.9B | 1.8B | 1.7B | 1.6B |
| Total Equity | 2.8B | 2.0B | 1.9B | 1.8B | 1.7B |
| 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 | 1.2B | 1.4B | 1.1B | 1.6B | 1.1B |
| Tax Refunds Received | -- | -- | 17.7M | 871,600 | 8.8M |
| Total Operating Cash Inflow | 1.2B | 1.4B | 1.2B | 1.7B | 1.2B |
| Cash Paid For Goods | 1.1B | 1.0B | 685.0M | 981.0M | 608.0M |
| Cash Paid To Employees | 386.0M | 421.0M | 429.0M | 447.0M | 361.0M |
| Taxes Paid | 61.2M | 54.8M | 29.1M | 29.5M | 25.3M |
| Total Operating Cash Outflow | 1.7B | 1.6B | 1.3B | 1.6B | 1.1B |
| Operating Cash Flow | -470.0M | -183.0M | -87.4M | 32.3M | 91.4M |
| Total Investing Cash Inflow | 3.8M | 121.0M | 217.0M | 32.0M | 174.0M |
| Total Investing Cash Outflow | 69.0M | 145.0M | 237.0M | 45.8M | 482.0M |
| Investing Cash Flow | -65.3M | -24.2M | -20.4M | -13.8M | -308.0M |
| Cash From Borrowings | 651.0M | 505.0M | 402.0M | 308.0M | 71.0M |
| Dividends And Interest Paid | 26.6M | 13.7M | 15.2M | 15.9M | 19.4M |
| Debt Repayments | 424.0M | 377.0M | 238.0M | 304.0M | 50.6M |
| Total Financing Cash Inflow | 734.0M | 586.0M | 416.0M | 365.0M | 85.9M |
| Total Financing Cash Outflow | 459.0M | 402.0M | 266.0M | 329.0M | 72.6M |
| Financing Cash Flow | 274.0M | 184.0M | 150.0M | 36.4M | 13.3M |
| Net Change In Cash | -261.0M | -22.8M | 42.7M | 54.9M | -203.0M |
| Ending Cash Balance | 350.0M | 611.0M | 634.0M | 592.0M | 537.0M |
| Capex | 69.0M | 25.5M | 37.4M | 45.8M | 237.0M |