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 | 582.0M | 550.0M | 396.0M | 561.0M | 299.0M |
| Revenue Growth % | 5.8% | 38.9% | -29.4% | 87.6% | -- |
| Total Revenue | 582.0M | 550.0M | 396.0M | 561.0M | 299.0M |
| Cost Of Revenue | 569.0M | 528.0M | 442.0M | 542.0M | 284.0M |
| Gross Profit | 13.0M | 22.0M | -46.0M | 19.0M | 15.0M |
| Gross Margin % | 2.2% | 4.0% | -11.6% | 3.4% | 5.0% |
| Total Operating Cost | 804.0M | 716.0M | 585.0M | 680.0M | 450.0M |
| Selling Expenses | 47.8M | 37.8M | 21.6M | 31.7M | 58.8M |
| Admin Expenses | 61.6M | 70.1M | 72.3M | 61.0M | 61.7M |
| Finance Expenses | 42.2M | 39.1M | 21.6M | 14.9M | 10.1M |
| Operating Income | -249.0M | -165.0M | -177.0M | -85.1M | 33.5M |
| Operating Margin % | -42.8% | -30.0% | -44.7% | -15.2% | 11.2% |
| Non Operating Income | 432,500 | 399,600 | 1.2M | 56,200 | 365,100 |
| Non Operating Expenses | 658,500 | 6.4M | 566,200 | 1.1M | 245,400 |
| Investment Income | -28.6M | 303,800 | 9.0M | 34.3M | 181.0M |
| Fair Value Change Income | -1.4M | -2.7M | 691,000 | -5.0M | -6.6M |
| Asset Disposal Income | 1.3M | 1.3M | -- | 397,100 | 479,800 |
| Asset Impairment Loss | 34.1M | 7.3M | 2.6M | 6.2M | 7.5M |
| Other Income | 1.8M | 1.5M | 2.5M | 4.6M | 9.3M |
| Income Before Tax | -249.0M | -171.0M | -176.0M | -86.1M | 33.6M |
| Income Tax | 15.2M | 56,300 | 5.5M | -5.5M | 413,600 |
| Net Income | -264.0M | -171.0M | -182.0M | -80.6M | 33.2M |
| Net Margin % | -45.4% | -31.1% | -46.0% | -14.4% | 11.1% |
| Net Income Attributable | -260.0M | -154.0M | -167.0M | -73.1M | 37.6M |
| Minority Interest | -4.1M | -17.6M | -14.8M | -7.5M | -4.4M |
| Eps Basic | -1.10 | -0.65 | -0.71 | -0.31 | 0.16 |
| Eps Diluted | -1.10 | -0.65 | -0.71 | -0.31 | 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 | 166.0M | 179.0M | 284.0M | 466.0M | 314.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 61.4M | 85.8M | 71.6M | 27.5M | 18.7M |
| Notes Receivable | 209,600 | 120,000 | 250,000 | 497,300 | 650,000 |
| Notes And Accounts Receivable | 61.6M | 85.9M | 71.8M | 28.0M | 19.3M |
| Prepayments | 19.5M | 20.1M | 69.7M | 19.1M | 17.3M |
| Inventory | 340.0M | 342.0M | 280.0M | 248.0M | 81.7M |
| Total Current Assets | 678.0M | 739.0M | 791.0M | 970.0M | 619.0M |
| Long Term Equity Investment | 17.6M | 51.2M | 61.6M | 77.6M | 66.5M |
| Fixed Assets | -- | 488.0M | 500.0M | 522.0M | 164.0M |
| Fixed Assets Total | 466.0M | 489.0M | 501.0M | 522.0M | 164.0M |
| Construction In Progress | -- | 9.3M | 1.6M | -- | 241.0M |
| Construction In Progress Total | 61.6M | 9.3M | 1.6M | -- | 241.0M |
| Intangible Assets | 57.8M | 71.2M | 76.3M | 66.1M | 54.8M |
| Long Term Deferred Expenses | 127.0M | 118.0M | 75.8M | 53.9M | 11.6M |
| Total Non Current Assets | 1.4B | 1.5B | 1.3B | 1.2B | 707.0M |
| Total Assets | 2.1B | 2.2B | 2.1B | 2.2B | 1.3B |
| Short Term Borrowings | 611.0M | 548.0M | 486.0M | 490.0M | 249.0M |
| Accounts Payable | 198.0M | 183.0M | 160.0M | 191.0M | 20.7M |
| Advance Receipts | 1.9M | 2.2M | 3.7M | 2.3M | 2.3M |
| Contract Liabilities | 90.7M | 93.1M | 69.3M | 50.3M | 9.9M |
| Total Current Liabilities | 1.1B | 996.0M | 894.0M | 906.0M | 423.0M |
| Long Term Borrowings | 246.0M | 191.0M | 200.0M | 200.0M | -- |
| Total Non Current Liabilities | 755.0M | 772.0M | 560.0M | 487.0M | 9.7M |
| Total Liabilities | 1.8B | 1.8B | 1.5B | 1.4B | 432.0M |
| Paid In Capital | 237.0M | 237.0M | 237.0M | 237.0M | 237.0M |
| Capital Reserve | 398.0M | 398.0M | 398.0M | 398.0M | 395.0M |
| Surplus Reserve | 49.5M | 49.5M | 49.5M | 49.5M | 49.5M |
| Retained Earnings | -448.0M | -187.0M | -33.5M | 134.0M | 211.0M |
| Minority Equity | -21.8M | -19.5M | -4.4M | 5.2M | 1.8M |
| Equity Attributable | 237.0M | 497.0M | 651.0M | 818.0M | 891.0M |
| Total Equity | 215.0M | 477.0M | 647.0M | 824.0M | 893.0M |
| 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 | 608.0M | 579.0M | 411.0M | 599.0M | 295.0M |
| Tax Refunds Received | 4.3M | 3.5M | 16.9M | 8.4M | 3.4M |
| Total Operating Cash Inflow | 970.0M | 909.0M | 443.0M | 639.0M | 316.0M |
| Cash Paid For Goods | 503.0M | 448.0M | 535.0M | 606.0M | 366.0M |
| Cash Paid To Employees | 99.1M | 93.8M | 79.2M | 66.9M | 50.4M |
| Taxes Paid | 16.2M | 15.6M | 8.8M | 19.3M | 6.0M |
| Total Operating Cash Outflow | 979.0M | 927.0M | 652.0M | 754.0M | 489.0M |
| Operating Cash Flow | -9.0M | -18.2M | -209.0M | -116.0M | -173.0M |
| Total Investing Cash Inflow | -- | 13.0M | 172.0M | 286.0M | 510.0M |
| Total Investing Cash Outflow | 50.4M | 75.4M | 76.8M | 392.0M | 398.0M |
| Investing Cash Flow | -50.4M | -62.4M | 94.7M | -106.0M | 112.0M |
| Cash From Borrowings | 953.0M | 706.0M | 736.0M | 789.0M | 297.0M |
| Dividends And Interest Paid | 32.1M | 30.5M | 36.1M | 23.9M | 12.0M |
| Debt Repayments | 826.0M | 655.0M | 741.0M | 348.0M | 280.0M |
| Total Financing Cash Inflow | 956.0M | 709.0M | 745.0M | 803.0M | 302.0M |
| Total Financing Cash Outflow | 910.0M | 732.0M | 814.0M | 425.0M | 292.0M |
| Financing Cash Flow | 46.6M | -22.7M | -68.9M | 379.0M | 9.7M |
| Net Change In Cash | -13.3M | -103.0M | -183.0M | 157.0M | -51.2M |
| Ending Cash Balance | 165.0M | 178.0M | 282.0M | 465.0M | 307.0M |
| Capex | 50.4M | 75.4M | 76.8M | 152.0M | 129.0M |