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 | 1.4B | 2.1B | 1.8B | 827.0M | 347.0M |
| Revenue Growth % | -31.0% | 17.3% | 116.6% | 138.3% | -- |
| Total Revenue | 1.4B | 2.1B | 1.8B | 827.0M | 347.0M |
| Cost Of Revenue | 1.2B | 1.8B | 1.4B | 580.0M | 209.0M |
| Gross Profit | 278.0M | 309.0M | 345.0M | 247.0M | 138.0M |
| Gross Margin % | 19.2% | 14.7% | 19.3% | 29.9% | 39.8% |
| Total Operating Cost | 1.5B | 2.1B | 1.7B | 748.0M | 310.0M |
| Selling Expenses | 2.4M | 5.9M | 3.7M | 4.6M | 5.4M |
| Admin Expenses | 135.0M | 114.0M | 128.0M | 103.0M | 79.4M |
| Rd Expenses | 2.2M | 11.1M | 15.7M | 8.8M | 2.2M |
| Finance Expenses | 124.0M | 152.0M | 76.2M | 43.2M | 9.7M |
| Operating Income | 1.0M | 29.8M | 106.0M | 86.5M | 40.1M |
| Operating Margin % | 0.1% | 1.4% | 5.9% | 10.5% | 11.5% |
| Non Operating Income | 54.2M | 19.5M | 3.8M | 708,200 | 30.9M |
| Non Operating Expenses | 48.0M | 23.8M | 1.7M | 6.9M | 3.5M |
| Investment Income | -368,600 | 574,500 | 485,100 | 753,600 | 420,500 |
| Fair Value Change Income | -1.6M | 39.3M | 215,900 | 535,900 | 12,900 |
| Asset Disposal Income | 926,000 | 594,100 | -482,500 | 5,700 | 32,800 |
| Asset Impairment Loss | 25.9M | 33.5M | 9.4M | 3.4M | 1.2M |
| Other Income | 34.2M | 23.9M | 8.7M | 6.7M | 3.0M |
| Income Before Tax | 7.3M | 25.5M | 108.0M | 80.3M | 67.5M |
| Income Tax | 4.6M | 27.7M | 28.3M | -3.3M | 16.2M |
| Net Income | 2.6M | -2.2M | 79.6M | 83.6M | 51.3M |
| Net Margin % | 0.2% | -0.1% | 4.4% | 10.1% | 14.8% |
| Net Income Attributable | 13.0M | 8.9M | 85.0M | 80.5M | 45.1M |
| Minority Interest | -10.4M | -11.0M | -5.4M | 3.1M | 6.2M |
| Eps Basic | 0.03 | 0.02 | 0.18 | 0.28 | 0.29 |
| Eps Diluted | 0.03 | 0.02 | 0.18 | 0.28 | 0.29 |
| 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 | 178.0M | 252.0M | 196.0M | 324.0M | 86.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 311.0M | 326.0M | 263.0M | 133.0M | 151.0M |
| Notes Receivable | -- | -- | 254.0M | -- | -- |
| Notes And Accounts Receivable | 311.0M | 326.0M | 517.0M | 133.0M | 151.0M |
| Prepayments | 13.5M | 27.9M | 81.5M | 153.0M | 17.7M |
| Inventory | 50.6M | 49.3M | 164.0M | 42.9M | 9.8M |
| Total Current Assets | 744.0M | 872.0M | 1.3B | 768.0M | 311.0M |
| Long Term Equity Investment | 67.0M | 29.1M | 91.5M | 20.3M | 880,500 |
| Fixed Assets | -- | 593.0M | 637.0M | 317.0M | 362.0M |
| Fixed Assets Total | 968.0M | 593.0M | 637.0M | 317.0M | 362.0M |
| Construction In Progress | -- | 611.0M | 418.0M | 25.2M | 57.3M |
| Construction In Progress Total | 189.0M | 611.0M | 418.0M | 25.2M | 57.3M |
| Intangible Assets | 2.2B | 2.3B | 2.2B | 890.0M | 392.0M |
| Long Term Deferred Expenses | 105.0M | 63.2M | 72.6M | 93.5M | 97.6M |
| Total Non Current Assets | 4.5B | 4.5B | 4.3B | 2.0B | 1.5B |
| Total Assets | 5.2B | 5.4B | 5.6B | 2.8B | 1.8B |
| Short Term Borrowings | 882.0M | 513.0M | 258.0M | 118.0M | 38.4M |
| Accounts Payable | 227.0M | 302.0M | 506.0M | 241.0M | 232.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 99.8M | 107.0M | 102.0M | 97.3M | 92.1M |
| Total Current Liabilities | 2.0B | 1.9B | 2.4B | 750.0M | 876.0M |
| Long Term Borrowings | 979.0M | 945.0M | 666.0M | 144.0M | 50.0M |
| Total Non Current Liabilities | 1.8B | 2.1B | 1.7B | 692.0M | 298.0M |
| Total Liabilities | 3.8B | 4.0B | 4.1B | 1.4B | 1.2B |
| Paid In Capital | 471.0M | 477.0M | 350.0M | 240.0M | 191.0M |
| Capital Reserve | 992.0M | 1.0B | 1.2B | 1.2B | 664.0M |
| Surplus Reserve | 51.1M | 51.1M | 45.5M | 25.3M | 25.3M |
| Retained Earnings | -59.1M | -72.1M | -75.4M | -140.0M | -221.0M |
| Minority Equity | 14.2M | 26.0M | 78.3M | 31.4M | 43.0M |
| Equity Attributable | 1.4B | 1.4B | 1.4B | 1.3B | 598.0M |
| Total Equity | 1.4B | 1.4B | 1.5B | 1.3B | 641.0M |
| 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 | 1.5B | 2.6B | 1.5B | 668.0M | 299.0M |
| Tax Refunds Received | 126.0M | 201.0M | 8.6M | 3.3M | 2.8M |
| Total Operating Cash Inflow | 1.7B | 2.9B | 1.5B | 690.0M | 331.0M |
| Cash Paid For Goods | 890.0M | 1.6B | 1.2B | 582.0M | 302.0M |
| Cash Paid To Employees | 257.0M | 263.0M | 155.0M | 113.0M | 46.6M |
| Taxes Paid | 99.8M | 162.0M | 93.5M | 57.7M | 14.0M |
| Total Operating Cash Outflow | 1.3B | 2.1B | 1.5B | 809.0M | 431.0M |
| Operating Cash Flow | 374.0M | 770.0M | -16.8M | -119.0M | -99.6M |
| Total Investing Cash Inflow | 29.0M | 66.1M | 9.8M | 35.7M | 184.0M |
| Total Investing Cash Outflow | 389.0M | 848.0M | 958.0M | 407.0M | 241.0M |
| Investing Cash Flow | -360.0M | -782.0M | -949.0M | -372.0M | -57.0M |
| Cash From Borrowings | 932.0M | 1.3B | 1.0B | 346.0M | 193.0M |
| Dividends And Interest Paid | 125.0M | 133.0M | 29.8M | 22.1M | 13.3M |
| Debt Repayments | 685.0M | 557.0M | 376.0M | 124.0M | 220.0M |
| Total Financing Cash Inflow | 1.3B | 1.8B | 1.7B | 1.4B | 499.0M |
| Total Financing Cash Outflow | 1.4B | 1.8B | 882.0M | 672.0M | 306.0M |
| Financing Cash Flow | -127.0M | 59.2M | 840.0M | 728.0M | 193.0M |
| Net Change In Cash | -112.0M | 51.3M | -126.0M | 238.0M | 35.9M |
| Ending Cash Balance | 127.0M | 239.0M | 188.0M | 313.0M | 75.3M |
| Capex | 225.0M | 623.0M | 378.0M | 129.0M | 9.4M |