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 | 4.9B | 4.0B | 4.0B | 462.0M | 445.0M |
| Revenue Growth % | 22.0% | 1.7% | 760.2% | 3.8% | -- |
| Total Revenue | 4.9B | 4.0B | 4.0B | 462.0M | 445.0M |
| Cost Of Revenue | 4.8B | 3.8B | 3.6B | 524.0M | 533.0M |
| Gross Profit | 159.0M | 206.0M | 340.0M | -62.0M | -88.0M |
| Gross Margin % | 3.2% | 5.1% | 8.6% | -13.4% | -19.8% |
| Total Operating Cost | 5.3B | 4.3B | 3.9B | 627.0M | 666.0M |
| Selling Expenses | 109.0M | 59.8M | 38.5M | 12.3M | 15.9M |
| Admin Expenses | 173.0M | 193.0M | 160.0M | 64.2M | 63.2M |
| Rd Expenses | 60.9M | 86.5M | 66.1M | 1.8M | 2.1M |
| Finance Expenses | 83.3M | 55.0M | -31.2M | 16.3M | 19.5M |
| Operating Income | -77.8M | 12.0M | 275.0M | -82.2M | -161.0M |
| Operating Margin % | -1.6% | 0.3% | 6.9% | -17.8% | -36.2% |
| Non Operating Income | 6.3M | 13.8M | 10.9M | 5.1M | 5.3M |
| Non Operating Expenses | 3.4M | 5.2M | 6.0M | 11.8M | 1.2M |
| Investment Income | 9.1M | 877,800 | 872,900 | -15.8M | 7.8M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 3.1M | 2.4M | 1.9M | 511,700 | -- |
| Asset Impairment Loss | 72.3M | 93.5M | 39.5M | 8.1M | 33.4M |
| Other Income | 260.0M | 254.0M | 230.0M | 97.7M | 51.6M |
| Income Before Tax | -74.9M | 20.6M | 279.0M | -88.9M | -157.0M |
| Income Tax | 11.6M | 10.0M | 15.3M | 5,171 | 16,200 |
| Net Income | -86.5M | 10.7M | 264.0M | -88.9M | -157.0M |
| Net Margin % | -1.8% | 0.3% | 6.6% | -19.2% | -35.3% |
| Net Income Attributable | -104.0M | -118.0M | 158.0M | -85.9M | -154.0M |
| Minority Interest | 17.5M | 129.0M | 107.0M | -3.0M | -3.0M |
| Eps Basic | -0.28 | -0.32 | 0.46 | -0.27 | -0.48 |
| Eps Diluted | -0.28 | -0.32 | 0.46 | -0.27 | -0.48 |
| 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 | 892.0M | 686.0M | 345.0M | 57.5M | 72.4M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 259.0M | 284.0M | 13.1M | 23.2M | 31.4M |
| Notes Receivable | 4.2M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 263.0M | 284.0M | 13.1M | 23.2M | 31.4M |
| Prepayments | 21.6M | 73.1M | 415,400 | 637,300 | 1.1M |
| Inventory | 1.6B | 1.8B | 215.0M | 145.0M | 202.0M |
| Total Current Assets | 2.9B | 3.1B | 594.0M | 245.0M | 330.0M |
| Long Term Equity Investment | 95.1M | 84.6M | 217.0M | 217.0M | 200.0M |
| Fixed Assets | -- | 2.5B | 476.0M | 450.0M | 437.0M |
| Fixed Assets Total | 2.5B | 2.5B | 476.0M | 450.0M | 437.0M |
| Construction In Progress | -- | 74.8M | 22.1M | 30.3M | 106.0M |
| Construction In Progress Total | 308.0M | 74.8M | 22.1M | 30.3M | 106.0M |
| Intangible Assets | 45.2M | 45.8M | 25.3M | 13.2M | 13.6M |
| Long Term Deferred Expenses | 14.7M | 15.0M | 869,800 | 2.0M | 3.2M |
| Total Non Current Assets | 3.1B | 2.9B | 755.0M | 767.0M | 811.0M |
| Total Assets | 6.0B | 6.0B | 1.3B | 1.0B | 1.1B |
| Short Term Borrowings | 1.5B | 805.0M | 26.4M | 65.0M | 118.0M |
| Accounts Payable | 168.0M | 391.0M | 25.2M | 26.3M | 18.6M |
| Advance Receipts | 53,400 | 151,400 | -- | 80,500 | 66,400 |
| Contract Liabilities | 31.4M | 41.5M | 3.9M | 1.1M | 1.9M |
| Total Current Liabilities | 3.0B | 2.5B | 315.0M | 356.0M | 418.0M |
| Long Term Borrowings | 1.2B | 1.6B | -- | 13.6M | 14.1M |
| Total Non Current Liabilities | 1.4B | 1.8B | 75.9M | 96.9M | 72.5M |
| Total Liabilities | 4.4B | 4.3B | 391.0M | 453.0M | 490.0M |
| Paid In Capital | 366.0M | 366.0M | 366.0M | 319.0M | 319.0M |
| Capital Reserve | 331.0M | 334.0M | 784.0M | 442.0M | 441.0M |
| Surplus Reserve | 82.7M | 82.7M | 82.7M | 82.7M | 82.7M |
| Retained Earnings | -406.0M | -302.0M | -276.0M | -285.0M | -200.0M |
| Minority Equity | 1.2B | 1.2B | 38.9M | 38.2M | 42.1M |
| Equity Attributable | 362.0M | 456.0M | 919.0M | 521.0M | 608.0M |
| Total Equity | 1.6B | 1.6B | 958.0M | 559.0M | 651.0M |
| 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 | 5.2B | 4.1B | 3.7B | 484.0M | 438.0M |
| Tax Refunds Received | 18.1M | 30.5M | 14.0M | 2.5M | 7.2M |
| Total Operating Cash Inflow | 5.8B | 5.4B | 4.2B | 624.0M | 570.0M |
| Cash Paid For Goods | 4.0B | 3.9B | 2.8B | 353.0M | 434.0M |
| Cash Paid To Employees | 715.0M | 611.0M | 489.0M | 142.0M | 144.0M |
| Taxes Paid | 60.0M | 48.1M | 28.3M | 6.4M | 9.8M |
| Total Operating Cash Outflow | 5.3B | 5.6B | 4.0B | 535.0M | 633.0M |
| Operating Cash Flow | 525.0M | -187.0M | 152.0M | 89.1M | -62.9M |
| Total Investing Cash Inflow | 16.0M | 11.7M | 102.0M | 4.8M | 5.4M |
| Total Investing Cash Outflow | 466.0M | 153.0M | 120.0M | 23.8M | 134.0M |
| Investing Cash Flow | -450.0M | -141.0M | -17.5M | -19.0M | -129.0M |
| Cash From Borrowings | 2.1B | 3.3B | 311.0M | 88.7M | 316.0M |
| Dividends And Interest Paid | 83.2M | 75.5M | 59.4M | 4.6M | 7.3M |
| Debt Repayments | 1.8B | 1.2B | 463.0M | 164.0M | 148.0M |
| Total Financing Cash Inflow | 2.1B | 3.4B | 703.0M | 88.7M | 316.0M |
| Total Financing Cash Outflow | 2.0B | 3.0B | 554.0M | 172.0M | 155.0M |
| Financing Cash Flow | 124.0M | 407.0M | 150.0M | -83.4M | 160.0M |
| Net Change In Cash | 203.0M | 81.1M | 298.0M | -14.6M | -33.9M |
| Ending Cash Balance | 884.0M | 681.0M | 600.0M | 54.4M | 69.0M |
| Capex | 464.0M | 150.0M | 120.0M | 23.3M | 129.0M |