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 | 1.8B | 1.7B | 1.9B | 2.3B | 2.0B |
| Revenue Growth % | 5.7% | -6.8% | -18.3% | 17.4% | -- |
| Total Revenue | 1.8B | 1.7B | 1.9B | 2.3B | 2.0B |
| Cost Of Revenue | 2.1B | 2.2B | 2.0B | 2.1B | 1.7B |
| Gross Profit | -257.0M | -417.0M | -140.0M | 221.0M | 270.0M |
| Gross Margin % | -13.9% | -23.9% | -7.5% | 9.6% | 13.8% |
| Total Operating Cost | 2.3B | 2.4B | 2.3B | 2.3B | 1.9B |
| Selling Expenses | 4.6M | 6.0M | 16.8M | 16.0M | 23.3M |
| Admin Expenses | 107.0M | 175.0M | 119.0M | 155.0M | 111.0M |
| Rd Expenses | 5.0M | 3.6M | 1.9M | 598,200 | 1.4M |
| Finance Expenses | 13.0M | -2.2M | -11.6M | -10.4M | -7.4M |
| Operating Income | -498.0M | -596.0M | -465.0M | 12.3M | 90.6M |
| Operating Margin % | -27.0% | -34.1% | -24.8% | 0.5% | 4.6% |
| Non Operating Income | 4.9M | 7.4M | 4.4M | 12.5M | 5.4M |
| Non Operating Expenses | 17.2M | 19.9M | 2.8M | 13.8M | 173,100 |
| Investment Income | 787,700 | 100,000 | -- | -- | 76,100 |
| Fair Value Change Income | 17,600 | -- | -- | -- | -- |
| Asset Disposal Income | -653,800 | 48.4M | -- | -- | 2.0M |
| Asset Impairment Loss | 96.4M | 44.5M | 185.0M | 42.9M | 31.3M |
| Other Income | 4.5M | 2.2M | 4.0M | 19.7M | 7.4M |
| Income Before Tax | -511.0M | -609.0M | -463.0M | 11.0M | 95.8M |
| Income Tax | -8.1M | 59.2M | -74.4M | 6.7M | 26.3M |
| Net Income | -503.0M | -668.0M | -389.0M | 4.3M | 69.6M |
| Net Margin % | -27.2% | -38.2% | -20.7% | 0.2% | 3.6% |
| Net Income Attributable | -503.0M | -668.0M | -389.0M | 4.3M | 69.6M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -1.65 | -2.19 | -1.28 | 0.01 | 0.23 |
| Eps Diluted | -1.65 | -2.19 | -1.28 | 0.01 | 0.23 |
| 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 | 19.5M | 23.1M | 441.0M | 595.0M | 479.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 35.2M | 13.3M | 2.5M | 5.4M | 1.2M |
| Notes Receivable | -- | -- | -- | -- | 987.0M |
| Notes And Accounts Receivable | 35.2M | 13.3M | 2.5M | 5.4M | 988.0M |
| Prepayments | 6.1M | 24.6M | 3.7M | 5.2M | 2.5M |
| Inventory | 124.0M | 151.0M | 294.0M | 141.0M | 119.0M |
| Total Current Assets | 266.0M | 373.0M | 1.0B | 1.6B | 1.6B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.4B | 1.3B | 1.4B | 1.4B |
| Fixed Assets Total | 2.0B | 1.4B | 1.3B | 1.4B | 1.4B |
| Construction In Progress | -- | 836.0M | 189.0M | 14.0M | 8.9M |
| Construction In Progress Total | 148.0M | 836.0M | 189.0M | 14.0M | 8.9M |
| Intangible Assets | 64.1M | 64.0M | 66.2M | 68.8M | 71.3M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- |
| Total Non Current Assets | 2.3B | 2.3B | 1.7B | 1.5B | 1.5B |
| Total Assets | 2.6B | 2.7B | 2.7B | 3.1B | 3.1B |
| Short Term Borrowings | 553.0M | -- | -- | -- | -- |
| Accounts Payable | 518.0M | 647.0M | 316.0M | 288.0M | 269.0M |
| Advance Receipts | 2.6M | 9.4M | 7.4M | 6.1M | 11.0M |
| Contract Liabilities | 27.3M | 25.6M | 27.5M | 28.5M | 49.2M |
| Total Current Liabilities | 1.3B | 791.0M | 428.0M | 393.0M | 428.0M |
| Long Term Borrowings | 105.0M | 183.0M | 2.6M | -- | -- |
| Total Non Current Liabilities | 199.0M | 289.0M | 34.4M | 5.1M | 8.8M |
| Total Liabilities | 1.5B | 1.1B | 462.0M | 398.0M | 437.0M |
| Paid In Capital | 303.0M | 304.0M | 305.0M | 303.0M | 303.0M |
| Capital Reserve | 1.9B | 1.9B | 1.9B | 1.9B | 1.9B |
| Surplus Reserve | 121.0M | 121.0M | 121.0M | 121.0M | 120.0M |
| Retained Earnings | -1.2B | -701.0M | -33.6M | 355.0M | 394.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 1.1B | 1.6B | 2.3B | 2.7B | 2.7B |
| Total Equity | 1.1B | 1.6B | 2.3B | 2.7B | 2.7B |
| 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 | 964.0M | 452.0M | 1.1B | 1.2B | 917.0M |
| Tax Refunds Received | 12.3M | 60.8M | 31.0M | -- | -- |
| Total Operating Cash Inflow | 1.0B | 578.0M | 1.1B | 1.3B | 938.0M |
| Cash Paid For Goods | 963.0M | 674.0M | 826.0M | 604.0M | 350.0M |
| Cash Paid To Employees | 458.0M | 441.0M | 424.0M | 352.0M | 320.0M |
| Taxes Paid | 44.6M | 30.7M | 27.3M | 137.0M | 144.0M |
| Total Operating Cash Outflow | 1.5B | 1.2B | 1.3B | 1.1B | 850.0M |
| Operating Cash Flow | -494.0M | -596.0M | -162.0M | 147.0M | 88.2M |
| Total Investing Cash Inflow | 435,200 | 593.0M | 1.4B | 469.0M | 446.0M |
| Total Investing Cash Outflow | 37.8M | 158.0M | 1.3B | 663.0M | 390.0M |
| Investing Cash Flow | -37.4M | 435.0M | 117.0M | -193.0M | 55.1M |
| Cash From Borrowings | 770.0M | 180.0M | 2.6M | -- | -- |
| Dividends And Interest Paid | 11.2M | 388,800 | -- | 42.4M | 45.5M |
| Debt Repayments | 230.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 770.0M | 180.0M | 13.7M | -- | -- |
| Total Financing Cash Outflow | 244.0M | 5.6M | -- | 42.4M | 45.5M |
| Financing Cash Flow | 526.0M | 175.0M | 13.7M | -42.4M | -45.5M |
| Net Change In Cash | -5.6M | 13.3M | -30.9M | -88.4M | 97.9M |
| Ending Cash Balance | 17.5M | 23.1M | 9.8M | 40.7M | 129.0M |
| Capex | 37.8M | 77.9M | 18.9M | 12.9M | 4.4M |