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 | 493.0M | 344.0M | 415.0M | 492.0M | 535.0M |
| Revenue Growth % | 43.3% | -17.1% | -15.7% | -8.0% | -- |
| Total Revenue | 493.0M | 344.0M | 415.0M | 492.0M | 535.0M |
| Cost Of Revenue | 463.0M | 333.0M | 443.0M | 507.0M | 485.0M |
| Gross Profit | 30.0M | 11.0M | -28.0M | -15.0M | 50.0M |
| Gross Margin % | 6.1% | 3.2% | -6.7% | -3.0% | 9.3% |
| Total Operating Cost | 524.0M | 403.0M | 583.0M | 610.0M | 562.0M |
| Selling Expenses | 3.4M | 4.7M | 18.4M | 13.4M | 10.2M |
| Admin Expenses | 26.5M | 34.7M | 43.4M | 36.5M | 30.1M |
| Rd Expenses | 4.4M | 11.1M | 17.4M | 18.9M | 14.2M |
| Finance Expenses | 13.5M | 8.9M | 11.6M | 16.9M | 15.9M |
| Operating Income | -31.7M | -38.1M | -162.0M | -114.0M | -21.9M |
| Operating Margin % | -6.4% | -11.1% | -39.0% | -23.2% | -4.1% |
| Non Operating Income | 716,700 | 1.0M | 349,900 | 436,700 | 192,800 |
| Non Operating Expenses | 24,300 | 4.8M | 3.3M | 1.4M | 3.5M |
| Investment Income | -1.6M | 20.6M | -681,800 | -506,500 | -- |
| Asset Disposal Income | 358,600 | -- | 2.7M | 323,300 | 1.0M |
| Asset Impairment Loss | 5.6M | 5.5M | 21.7M | 17.8M | -- |
| Other Income | 11,600 | 732,900 | 3.5M | 4.6M | 3.7M |
| Income Before Tax | -31.0M | -41.9M | -165.0M | -115.0M | -25.3M |
| Income Tax | -694,700 | -4.5M | 22.0M | -17.9M | 542,700 |
| Net Income | -30.3M | -37.4M | -187.0M | -97.3M | -25.8M |
| Net Margin % | -6.1% | -10.9% | -45.1% | -19.8% | -4.8% |
| Net Income Attributable | -28.1M | -18.1M | -102.0M | -57.0M | -16.5M |
| Minority Interest | -2.1M | -19.3M | -84.9M | -40.3M | -9.3M |
| Eps Basic | -0.13 | -0.08 | -0.46 | -0.26 | -0.07 |
| Eps Diluted | -0.13 | -0.08 | -0.46 | -0.26 | -0.07 |
| 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 | 7.2M | 76.8M | 14.7M | 28.5M | 56.6M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 109.0M | 103.0M | 199.0M | 244.0M | 355.0M |
| Notes Receivable | 49.0M | 2.1M | 2.4M | 7.4M | -- |
| Notes And Accounts Receivable | 158.0M | 105.0M | 201.0M | 251.0M | 355.0M |
| Prepayments | 5.1M | 2.1M | 2.3M | 3.0M | 11.2M |
| Inventory | 172.0M | 77.9M | 154.0M | 199.0M | 112.0M |
| Total Current Assets | 396.0M | 289.0M | 388.0M | 505.0M | 581.0M |
| Long Term Equity Investment | -- | -- | -- | 963,500 | -- |
| Fixed Assets | -- | 284.0M | 255.0M | 146.0M | 372.0M |
| Fixed Assets Total | 332.0M | 284.0M | 255.0M | 146.0M | 372.0M |
| Construction In Progress | -- | 104.0M | 504,600 | -- | 33.3M |
| Construction In Progress Total | 158.0M | 104.0M | 504,600 | -- | 33.3M |
| Intangible Assets | 276.0M | 126.0M | 33.1M | 34.3M | 36.0M |
| Long Term Deferred Expenses | 1.5M | 2.7M | 37.6M | 46.8M | 47.5M |
| Total Non Current Assets | 883.0M | 549.0M | 437.0M | 509.0M | 496.0M |
| Total Assets | 1.3B | 838.0M | 825.0M | 1.0B | 1.1B |
| Short Term Borrowings | -- | 11.0M | 30.0M | 57.7M | 83.1M |
| Accounts Payable | 356.0M | 221.0M | 188.0M | 252.0M | 188.0M |
| Advance Receipts | -- | -- | 245,700 | 69,700 | -- |
| Contract Liabilities | 732,800 | 8.2M | 4.1M | 1.8M | 565,200 |
| Total Current Liabilities | 816.0M | 506.0M | 452.0M | 447.0M | 379.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 227.0M | 97.5M | 43.1M | 50.5M | 112.0M |
| Total Liabilities | 1.0B | 603.0M | 495.0M | 497.0M | 491.0M |
| Paid In Capital | 222.0M | 222.0M | 222.0M | 222.0M | 222.0M |
| Capital Reserve | 74.7M | 74.7M | 74.7M | 74.7M | 74.7M |
| Surplus Reserve | 13.8M | 13.8M | 13.8M | 13.8M | 13.8M |
| Retained Earnings | -155.0M | -127.0M | -109.0M | -6.8M | 50.1M |
| Minority Equity | 78.9M | 51.3M | 128.0M | 213.0M | 225.0M |
| Equity Attributable | 156.0M | 183.0M | 201.0M | 304.0M | 361.0M |
| Total Equity | 235.0M | 235.0M | 330.0M | 517.0M | 586.0M |
| 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 | 251.0M | 337.0M | 468.0M | 537.0M | 433.0M |
| Tax Refunds Received | 11,100 | 43,200 | 2.3M | 13.5M | 2,200 |
| Total Operating Cash Inflow | 395.0M | 381.0M | 489.0M | 666.0M | 543.0M |
| Cash Paid For Goods | 256.0M | 330.0M | 390.0M | 477.0M | 400.0M |
| Cash Paid To Employees | 43.6M | 35.3M | 96.5M | 87.5M | 65.7M |
| Taxes Paid | 45.3M | 2.1M | 5.4M | 2.4M | 13.6M |
| Total Operating Cash Outflow | 395.0M | 402.0M | 542.0M | 691.0M | 608.0M |
| Operating Cash Flow | 669,200 | -20.5M | -53.1M | -25.8M | -64.3M |
| Total Investing Cash Inflow | 2.9M | 22.8M | 20.9M | 9.1M | -- |
| Total Investing Cash Outflow | 288.0M | 183.0M | 14.5M | 19.0M | 61.0M |
| Investing Cash Flow | -286.0M | -160.0M | 6.4M | -9.9M | -61.0M |
| Cash From Borrowings | 7.0M | 25.0M | 31.1M | 172.0M | 126.0M |
| Dividends And Interest Paid | 410,500 | 1.6M | 3.6M | 4.6M | 4.2M |
| Debt Repayments | 7.0M | 26.0M | 53.0M | 162.0M | 94.1M |
| Total Financing Cash Inflow | 365.0M | 298.0M | 232.0M | 260.0M | 254.0M |
| Total Financing Cash Outflow | 134.0M | 71.8M | 199.0M | 243.0M | 177.0M |
| Financing Cash Flow | 230.0M | 226.0M | 32.8M | 17.2M | 77.2M |
| Net Change In Cash | -54.6M | 46.0M | -13.9M | -19.5M | -48.1M |
| Ending Cash Balance | 4.9M | 59.5M | 13.6M | 27.5M | 47.0M |
| Capex | 288.0M | 147.0M | 14.5M | 17.5M | 61.0M |