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 | 1.5B | 1.4B | 1.5B | 2.0B | 2.6B |
| Revenue Growth % | 2.4% | -5.7% | -22.3% | -24.2% | -- |
| Total Revenue | 1.5B | 1.4B | 1.5B | 2.0B | 2.6B |
| Cost Of Revenue | 1.3B | 1.3B | 1.4B | 1.8B | 2.2B |
| Gross Profit | 128.0M | 128.0M | 147.0M | 161.0M | 340.0M |
| Gross Margin % | 8.7% | 9.0% | 9.7% | 8.3% | 13.2% |
| Total Operating Cost | 1.5B | 1.5B | 1.6B | 3.7B | 2.6B |
| Selling Expenses | 6.9M | 10.4M | 13.7M | 25.6M | 26.8M |
| Admin Expenses | 98.7M | 115.0M | 108.0M | 110.0M | 117.0M |
| Rd Expenses | 49.4M | 50.2M | 60.1M | 66.4M | 79.6M |
| Finance Expenses | 3.3M | 2.6M | 4.2M | 23.4M | 60.4M |
| Operating Income | -31.3M | -45.3M | -60.1M | -2.0B | 35.4M |
| Operating Margin % | -2.1% | -3.2% | -4.0% | -102.7% | 1.4% |
| Non Operating Income | 881,400 | 60.2M | 2.8M | 223,400 | 4.4M |
| Non Operating Expenses | 4.7M | 136.0M | 5.0M | 4.3M | 3.3M |
| Investment Income | -- | -- | -- | -286.0M | 2.6M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -153,200 | -1,300 | 17,300 | 470,700 | -4,900 |
| Asset Impairment Loss | -- | -- | 17.9M | 1.6B | -- |
| Other Income | 433,400 | 5.5M | 10.1M | 11.9M | 17.0M |
| Income Before Tax | -35.2M | -121.0M | -62.4M | -2.0B | 36.5M |
| Income Tax | 320,700 | 4.0M | 16.9M | -2.3M | 16.1M |
| Net Income | -35.5M | -125.0M | -79.3M | -2.0B | 20.4M |
| Net Margin % | -2.4% | -8.7% | -5.2% | -102.8% | 0.8% |
| Net Income Attributable | -35.4M | -125.0M | -79.1M | -2.0B | 20.2M |
| Minority Interest | -37,800 | -180,600 | -136,300 | -48,600 | 264,700 |
| Eps Basic | -0.04 | -0.13 | -0.08 | -2.14 | 0.02 |
| Eps Diluted | -0.04 | -0.13 | -0.08 | -2.14 | 0.02 |
| 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 | 55.2M | 138.0M | 268.0M | 384.0M | 726.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 553.0M | 450.0M | 439.0M | 492.0M | 842.0M |
| Notes Receivable | 11.7M | -- | -- | 1.8M | 883,500 |
| Notes And Accounts Receivable | 564.0M | 450.0M | 439.0M | 494.0M | 843.0M |
| Prepayments | 12.6M | 24.2M | 21.7M | 17.8M | 87.6M |
| Inventory | 43.0M | 38.7M | 50.5M | 53.6M | 29.4M |
| Total Current Assets | 728.0M | 709.0M | 879.0M | 1.0B | 1.8B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 51.6M | 40.3M | 44.6M | 88.4M |
| Fixed Assets Total | 48.0M | 51.6M | 40.3M | 44.6M | 88.4M |
| Construction In Progress | -- | 7.9M | 519,600 | -- | 43,000 |
| Construction In Progress Total | 923,500 | 7.9M | 519,600 | -- | 43,000 |
| Intangible Assets | 835,100 | 3.1M | 10.6M | 19.6M | 56.1M |
| Long Term Deferred Expenses | 2.4M | 2.7M | 117,300 | -- | 10.8M |
| Total Non Current Assets | 193.0M | 196.0M | 419.0M | 467.0M | 2.0B |
| Total Assets | 921.0M | 905.0M | 1.3B | 1.5B | 3.7B |
| Short Term Borrowings | 24.5M | 30.0M | 55.9M | 152.0M | 206.0M |
| Accounts Payable | 430.0M | 393.0M | 428.0M | 464.0M | 499.0M |
| Advance Receipts | -- | 203,000 | 132,900 | 41,500 | -- |
| Contract Liabilities | 64.5M | 68.7M | 85.5M | 99.8M | 135.0M |
| Total Current Liabilities | 797.0M | 754.0M | 1.0B | 1.1B | 1.4B |
| Long Term Borrowings | -- | -- | 5.0M | -- | -- |
| Total Non Current Liabilities | 22.9M | 14.7M | 11.0M | 6.0M | 10.3M |
| Total Liabilities | 820.0M | 769.0M | 1.0B | 1.1B | 1.4B |
| Paid In Capital | 936.0M | 936.0M | 936.0M | 936.0M | 936.0M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B |
| Surplus Reserve | 104.0M | 104.0M | 104.0M | 104.0M | 104.0M |
| Retained Earnings | -2.4B | -2.4B | -2.3B | -2.2B | -185.0M |
| Minority Equity | 161,400 | 199,200 | 379,800 | 516,100 | 564,700 |
| Equity Attributable | 100.0M | 136.0M | 261.0M | 338.0M | 2.3B |
| Total Equity | 100.0M | 136.0M | 261.0M | 338.0M | 2.3B |
| 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 | 1.5B | 1.7B | 2.5B | 2.8B |
| Tax Refunds Received | 405,000 | 543,400 | 7.1M | 1.7M | 37,100 |
| Total Operating Cash Inflow | 1.5B | 1.6B | 1.7B | 2.6B | 2.9B |
| Cash Paid For Goods | 1.2B | 1.2B | 1.4B | 2.2B | 2.0B |
| Cash Paid To Employees | 251.0M | 284.0M | 212.0M | 298.0M | 439.0M |
| Taxes Paid | 14.3M | 17.9M | 18.3M | 43.7M | 80.5M |
| Total Operating Cash Outflow | 1.5B | 1.6B | 1.7B | 2.6B | 2.6B |
| Operating Cash Flow | -56.5M | -47.6M | -15.1M | -95.3M | 237.0M |
| Total Investing Cash Inflow | 70,400 | 493,200 | 660,200 | 321.0M | 217.0M |
| Total Investing Cash Outflow | 11.1M | 36.4M | 11.1M | 401.0M | 307.0M |
| Investing Cash Flow | -11.1M | -35.9M | -10.5M | -80.8M | -89.1M |
| Cash From Borrowings | 59.4M | 50.0M | 128.0M | 190.0M | 272.0M |
| Dividends And Interest Paid | 2.4M | 2.8M | 6.1M | 29.1M | 29.0M |
| Debt Repayments | 70.0M | 85.2M | 207.0M | 315.0M | 487.0M |
| Total Financing Cash Inflow | 59.4M | 50.0M | 128.0M | 190.0M | 272.0M |
| Total Financing Cash Outflow | 76.5M | 92.2M | 217.0M | 348.0M | 518.0M |
| Financing Cash Flow | -17.1M | -42.2M | -89.0M | -158.0M | -246.0M |
| Net Change In Cash | -84.7M | -126.0M | -115.0M | -334.0M | -97.9M |
| Ending Cash Balance | 48.1M | 133.0M | 258.0M | 373.0M | 707.0M |
| Capex | 11.1M | 36.4M | 11.1M | 19.5M | 32.2M |