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 | 599.0M | 235.0M | 255.0M | 139.0M | 288.0M |
| Revenue Growth % | 154.9% | -7.8% | 83.5% | -51.7% | -- |
| Total Revenue | 599.0M | 235.0M | 255.0M | 139.0M | 288.0M |
| Cost Of Revenue | 400.0M | 245.0M | 236.0M | 136.0M | 258.0M |
| Gross Profit | 199.0M | -10.0M | 19.0M | 3.0M | 30.0M |
| Gross Margin % | 33.2% | -4.3% | 7.5% | 2.2% | 10.4% |
| Total Operating Cost | 530.0M | 321.0M | 324.0M | 285.0M | 441.0M |
| Selling Expenses | 10.1M | 11.9M | 12.7M | 19.4M | 33.0M |
| Admin Expenses | 40.5M | 38.7M | 41.5M | 64.5M | 70.2M |
| Rd Expenses | 10.4M | 16.3M | 24.6M | 33.3M | 40.4M |
| Finance Expenses | 5.1M | 464,100 | -2.5M | 4.5M | 21.3M |
| Operating Income | 80.1M | -77.8M | -53.2M | -162.0M | -153.0M |
| Operating Margin % | 13.4% | -33.1% | -20.8% | -116.5% | -53.1% |
| Non Operating Income | 643,000 | 3.9M | 21.3M | 551,600 | 473,000 |
| Non Operating Expenses | 30.3M | 9.0M | 16.1M | 24.3M | 1.5M |
| Investment Income | 11.0M | 10.7M | -621,100 | 3.9M | 3.0M |
| Fair Value Change Income | -5.0M | -2.6M | -5.7M | -23.6M | -17.1M |
| Asset Disposal Income | 950,300 | -1.6M | 13.1M | -2.6M | -144,400 |
| Asset Impairment Loss | 26.8M | 9.7M | 3.5M | 18.7M | 4.6M |
| Other Income | 3.6M | 2.1M | 8.8M | 6.5M | 13.9M |
| Income Before Tax | 50.5M | -82.9M | -47.9M | -186.0M | -154.0M |
| Income Tax | 1.2M | -- | -334,600 | -- | 45,300 |
| Net Income | 49.3M | -82.9M | -47.6M | -186.0M | -154.0M |
| Net Margin % | 8.2% | -35.3% | -18.7% | -133.8% | -53.5% |
| Net Income Attributable | 69.6M | -74.7M | -47.6M | -186.0M | -154.0M |
| Minority Interest | -20.3M | -8.1M | -43,700 | -163,300 | -- |
| Eps Basic | 0.09 | -0.10 | -0.06 | -0.25 | -0.21 |
| Eps Diluted | 0.09 | -0.10 | -0.06 | -0.25 | -0.21 |
| 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 | 328.0M | 11.0M | 36.7M | 14.6M | 67.7M |
| Accounts Receivable | 456.0M | 69.5M | 81.1M | 97.2M | 187.0M |
| Notes Receivable | 1.5M | 8.9M | 17.0M | 2.9M | 29.7M |
| Notes And Accounts Receivable | 457.0M | 78.4M | 98.2M | 100.0M | 216.0M |
| Prepayments | 2.6M | 7.3M | 48.6M | 3.0M | 7.3M |
| Inventory | 227.0M | 47.6M | 35.8M | 28.2M | 36.4M |
| Total Current Assets | 1.1B | 196.0M | 272.0M | 192.0M | 383.0M |
| Long Term Equity Investment | -- | -- | 1.5M | -- | 10.9M |
| Fixed Assets | -- | 53.3M | 30.5M | 191.0M | 193.0M |
| Fixed Assets Total | 42.3M | 53.3M | 30.5M | 191.0M | 193.0M |
| Construction In Progress | -- | 3.5M | 688,700 | 604,000 | 744,600 |
| Construction In Progress Total | -- | 3.5M | 688,700 | 604,000 | 744,600 |
| Intangible Assets | 5.1M | 5.5M | 6.0M | 22.3M | 22.6M |
| Long Term Deferred Expenses | 1.8M | 2.1M | 1.8M | 2.3M | 2.9M |
| Total Non Current Assets | 150.0M | 192.0M | 169.0M | 294.0M | 310.0M |
| Total Assets | 1.2B | 388.0M | 441.0M | 486.0M | 693.0M |
| Short Term Borrowings | -- | -- | 592,500 | 50.2M | 44.0M |
| Accounts Payable | 805.0M | 36.4M | 31.1M | 29.8M | 61.7M |
| Advance Receipts | 56.4M | 49.0M | 57.6M | -- | -- |
| Contract Liabilities | 41.1M | 9.1M | 8.4M | 24.3M | 14.3M |
| Total Current Liabilities | 1.1B | 334.0M | 311.0M | 388.0M | 447.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 58.9M | 61.1M | 54.8M | 57.5M | 15.2M |
| Total Liabilities | 1.2B | 395.0M | 365.0M | 445.0M | 462.0M |
| Paid In Capital | 746.0M | 746.0M | 746.0M | 746.0M | 746.0M |
| Capital Reserve | 1.0B | 1.0B | 1.0B | 919.0M | 919.0M |
| Surplus Reserve | 79.5M | 79.5M | 79.5M | 79.5M | 79.5M |
| Retained Earnings | -1.8B | -1.8B | -1.8B | -1.7B | -1.5B |
| Minority Equity | -36.9M | -14.9M | -8.0M | -163,300 | -- |
| Equity Attributable | 87.1M | 8.4M | 84.0M | 40.6M | 231.0M |
| Total Equity | 50.2M | -6.5M | 75.9M | 40.4M | 231.0M |
| 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 | 1.1B | 205.0M | 251.0M | 211.0M | 448.0M |
| Tax Refunds Received | 4.5M | 579,600 | 5.0M | 11.8M | 20.7M |
| Total Operating Cash Inflow | 1.1B | 226.0M | 355.0M | 273.0M | 485.0M |
| Cash Paid For Goods | 713.0M | 162.0M | 266.0M | 132.0M | 295.0M |
| Cash Paid To Employees | 45.6M | 53.2M | 61.4M | 83.3M | 113.0M |
| Taxes Paid | 5.5M | 3.0M | 9.7M | 11.0M | 22.3M |
| Total Operating Cash Outflow | 804.0M | 246.0M | 378.0M | 308.0M | 492.0M |
| Operating Cash Flow | 337.0M | -19.5M | -22.4M | -34.9M | -6.9M |
| Total Investing Cash Inflow | 116,100 | 18.9M | 115.0M | 11.4M | 8.4M |
| Total Investing Cash Outflow | 1.3M | 28.4M | 13.7M | 28.8M | 5.7M |
| Investing Cash Flow | -1.2M | -9.5M | 101.0M | -17.4M | 2.7M |
| Cash From Borrowings | -- | -- | 50.6M | 50.0M | 101.0M |
| Dividends And Interest Paid | 18,800 | 16,800 | 4.9M | 3.1M | 2.4M |
| Debt Repayments | -- | 726,800 | 100.0M | 44.0M | 131.0M |
| Total Financing Cash Inflow | 6.1M | 23.0M | 157.0M | 52.4M | 102.0M |
| Total Financing Cash Outflow | 23.5M | 5.8M | 224.0M | 48.0M | 136.0M |
| Financing Cash Flow | -17.4M | 17.2M | -67.0M | 4.4M | -34.1M |
| Net Change In Cash | 318.0M | -11.8M | 11.6M | -47.9M | -41.0M |
| Ending Cash Balance | 328.0M | 10.2M | 22.0M | 10.4M | 58.2M |
| Capex | 1.3M | 26.5M | 7.1M | 28.8M | 5.7M |