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 | 305.0M | 57.6M | 428.0M | 785.0M | 106.0M |
| Revenue Growth % | 429.1% | -86.5% | -45.5% | 640.6% | -- |
| Total Revenue | 305.0M | 57.6M | 428.0M | 785.0M | 106.0M |
| Cost Of Revenue | 305.0M | 56.7M | 415.0M | 712.0M | 72.8M |
| Gross Profit | 0.00 | 916,600 | 13.0M | 73.0M | 33.2M |
| Gross Margin % | 0.0% | 1.6% | 3.0% | 9.3% | 31.3% |
| Total Operating Cost | 530.0M | 193.0M | 698.0M | 1.1B | 390.0M |
| Selling Expenses | 12.8M | 5.0M | 25.1M | 28.1M | 32.8M |
| Admin Expenses | 23.7M | 20.7M | 26.4M | 37.7M | 46.7M |
| Finance Expenses | 112.0M | 102.0M | 78.1M | 80.3M | 67.9M |
| Operating Income | -226.0M | -141.0M | -259.0M | -329.0M | -294.0M |
| Operating Margin % | -74.1% | -244.6% | -60.5% | -41.9% | -277.4% |
| Non Operating Income | 333,500 | 110,400 | 61,800 | 1.1M | 217,500 |
| Non Operating Expenses | 23.8M | 43.2M | 24.0M | 54.0M | 11.2M |
| Investment Income | 549,500 | -4.3M | 7.8M | 4.0M | -8.5M |
| Fair Value Change Income | -170,600 | -189,500 | -325,100 | 113,300 | -1.6M |
| Asset Disposal Income | -12,200 | 5,800 | -1,700 | 301,300 | -- |
| Asset Impairment Loss | 103.0M | -8.3M | 138.0M | 259.0M | 162.0M |
| Other Income | -1.8M | -1.0M | 4.2M | 1.7M | 410,400 |
| Income Before Tax | -250.0M | -184.0M | -283.0M | -382.0M | -305.0M |
| Income Tax | -28,200 | 245,600 | 9.9M | -6.2M | 1.7M |
| Net Income | -250.0M | -184.0M | -293.0M | -376.0M | -306.0M |
| Net Margin % | -82.0% | -319.2% | -68.5% | -47.9% | -288.7% |
| Net Income Attributable | -250.0M | -184.0M | -293.0M | -376.0M | -299.0M |
| Minority Interest | -- | -- | -- | -- | -7.1M |
| Eps Basic | -0.83 | -0.62 | -0.98 | -1.26 | -1.00 |
| Eps Diluted | -0.83 | -0.62 | -0.98 | -1.26 | -1.00 |
| 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 | 43.9M | 35.1M | 61.7M | 114.0M | 132.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | -- | -- | -- | -- | -- |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | -- | -- | -- | -- | -- |
| Prepayments | 2.1M | 3.3M | 3.0M | 1.5M | 132.0M |
| Inventory | 1.7B | 2.0B | 1.9B | 2.5B | 3.1B |
| Total Current Assets | 1.8B | 2.1B | 2.1B | 2.7B | 3.7B |
| Long Term Equity Investment | 80.8M | 80.2M | 89.8M | 103.0M | 99.8M |
| Fixed Assets | -- | 2.5M | 3.7M | 4.6M | 6.1M |
| Fixed Assets Total | 1.7M | 2.5M | 3.7M | 4.6M | 6.1M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | 186,300 |
| Long Term Deferred Expenses | 271,900 | 598,200 | 924,400 | -- | 2.1M |
| Total Non Current Assets | 151.0M | 157.0M | 170.0M | 188.0M | 155.0M |
| Total Assets | 2.0B | 2.3B | 2.3B | 2.9B | 3.9B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 410.0M | 420.0M | 431.0M | 396.0M | 297.0M |
| Advance Receipts | -- | -- | 60,100 | 1.8M | 541,300 |
| Contract Liabilities | 240.0M | 335.0M | 366.0M | 435.0M | 870.0M |
| Total Current Liabilities | 1.6B | 1.7B | 1.2B | 1.9B | 1.8B |
| Long Term Borrowings | 37.0M | -- | 482.0M | 130.0M | 600.0M |
| Total Non Current Liabilities | 192.0M | 213.0M | 487.0M | 133.0M | 812.0M |
| Total Liabilities | 1.8B | 1.9B | 1.7B | 2.1B | 2.6B |
| Paid In Capital | 299.0M | 299.0M | 299.0M | 299.0M | 299.0M |
| Capital Reserve | 44.8M | 43.1M | 41.1M | 39.3M | 50.0M |
| Surplus Reserve | 140.0M | 140.0M | 140.0M | 140.0M | 140.0M |
| Retained Earnings | -342.0M | -92.6M | 91.6M | 384.0M | 760.0M |
| Minority Equity | -- | -- | -- | -- | -10.9M |
| Equity Attributable | 142.0M | 390.0M | 572.0M | 863.0M | 1.2B |
| Total Equity | 142.0M | 390.0M | 572.0M | 863.0M | 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 | 161.0M | 23.4M | 391.0M | 369.0M | 423.0M |
| Tax Refunds Received | -- | -- | 5.0M | -- | -- |
| Total Operating Cash Inflow | 172.0M | 31.3M | 402.0M | 446.0M | 449.0M |
| Cash Paid For Goods | 78.6M | 33.4M | 213.0M | 167.0M | 365.0M |
| Cash Paid To Employees | 12.9M | 23.9M | 18.5M | 26.2M | 27.6M |
| Taxes Paid | 12.4M | 11.2M | 19.2M | 19.2M | 60.2M |
| Total Operating Cash Outflow | 130.0M | 83.4M | 289.0M | 299.0M | 523.0M |
| Operating Cash Flow | 41.7M | -52.0M | 113.0M | 146.0M | -74.4M |
| Total Investing Cash Inflow | 6.0M | 113,000 | 36.6M | 144.0M | 267.0M |
| Total Investing Cash Outflow | 4,022 | 652,400 | 555,900 | 20,300 | 175.0M |
| Investing Cash Flow | 6.0M | -539,400 | 36.1M | 144.0M | 91.8M |
| Cash From Borrowings | 288,800 | -- | -- | -- | 623.0M |
| Dividends And Interest Paid | 45.4M | 40.0M | 84.3M | 98.0M | 180.0M |
| Debt Repayments | -- | -- | 44.0M | 13.7M | 10.0M |
| Total Financing Cash Inflow | 28.8M | 78.0M | 69.2M | 46.8M | 689.0M |
| Total Financing Cash Outflow | 60.4M | 49.5M | 272.0M | 360.0M | 932.0M |
| Financing Cash Flow | -31.6M | 28.5M | -203.0M | -313.0M | -243.0M |
| Net Change In Cash | 16.1M | -24.1M | -54.1M | -23.1M | -226.0M |
| Ending Cash Balance | 28.5M | 12.4M | 36.5M | 90.5M | 114.0M |
| Capex | 4,000 | 652,400 | 545,900 | 5,300 | 26,600 |