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 | 197.0M | 254.0M | 244.0M | 330.0M | 785.0M |
| Revenue Growth % | -22.4% | 4.1% | -26.1% | -58.0% | -- |
| Total Revenue | 197.0M | 254.0M | 244.0M | 330.0M | 785.0M |
| Cost Of Revenue | 177.0M | 180.0M | 174.0M | 216.0M | 282.0M |
| Gross Profit | 20.0M | 74.0M | 70.0M | 114.0M | 503.0M |
| Gross Margin % | 10.2% | 29.1% | 28.7% | 34.5% | 64.1% |
| Total Operating Cost | 336.0M | 390.0M | 365.0M | 562.0M | 1.0B |
| Selling Expenses | 18.3M | 20.5M | 23.1M | 133.0M | 448.0M |
| Admin Expenses | 86.3M | 132.0M | 105.0M | 117.0M | 105.0M |
| Rd Expenses | 10.7M | 17.6M | 31.4M | 40.5M | 57.1M |
| Finance Expenses | 25.0M | 26.0M | 25.7M | 29.6M | 63.4M |
| Operating Income | -148.0M | -127.0M | -122.0M | -256.0M | -219.0M |
| Operating Margin % | -75.1% | -50.0% | -50.0% | -77.6% | -27.9% |
| Non Operating Income | 35.9M | 136.0M | 16.3M | 4.0M | 7.7M |
| Non Operating Expenses | 11.4M | 1.6M | 6.3M | 6.5M | 2.2M |
| Investment Income | -4.8M | 4.3M | -1.5M | -3.1M | 3.7M |
| Fair Value Change Income | -5.8M | 210,200 | -577,200 | -26.1M | -5.2M |
| Asset Disposal Income | -848,400 | -2.8M | 144,500 | 1.9M | 2,400 |
| Asset Impairment Loss | 7.2M | 2.0M | 757,100 | 8.3M | 76.5M |
| Other Income | 1.3M | 6.6M | 599,400 | 3.0M | 8.4M |
| Income Before Tax | -124.0M | 7.1M | -112.0M | -259.0M | -213.0M |
| Income Tax | 28.2M | 5.2M | 9.4M | -5.7M | -19.9M |
| Net Income | -152.0M | 2.0M | -121.0M | -253.0M | -193.0M |
| Net Margin % | -77.2% | 0.8% | -49.6% | -76.7% | -24.6% |
| Net Income Attributable | -150.0M | 1.9M | -116.0M | -223.0M | -183.0M |
| Minority Interest | -2.7M | 58,400 | -5.8M | -30.4M | -10.3M |
| Eps Basic | -0.19 | 0.00 | -0.15 | -0.28 | -0.23 |
| Eps Diluted | -0.19 | 0.00 | -0.15 | -0.28 | -0.23 |
| 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 | 38.7M | 71.5M | 94.2M | 80.8M | 115.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 168.0M | 175.0M | 91.8M | 109.0M | 115.0M |
| Notes Receivable | -- | -- | 12.2M | -- | 19.8M |
| Notes And Accounts Receivable | 168.0M | 175.0M | 104.0M | 109.0M | 134.0M |
| Prepayments | 21.2M | 9.2M | 3.2M | 4.1M | 99.3M |
| Inventory | 83.6M | 66.2M | 34.4M | 35.5M | 29.1M |
| Total Current Assets | 345.0M | 404.0M | 290.0M | 415.0M | 831.0M |
| Long Term Equity Investment | 18.8M | 28.9M | 26.6M | 23.1M | 20.7M |
| Fixed Assets | -- | 115.0M | 149.0M | 154.0M | -- |
| Fixed Assets Total | 111.0M | 115.0M | 149.0M | 154.0M | 162.0M |
| Construction In Progress | -- | 2.8M | 1.4M | -- | -- |
| Construction In Progress Total | 1.7M | 2.8M | 1.4M | -- | -- |
| Intangible Assets | 43.0M | 37.3M | 12.7M | 11.9M | 12.1M |
| Long Term Deferred Expenses | 11.4M | 20.5M | 17.2M | 36.8M | 83.3M |
| Total Non Current Assets | 446.0M | 540.0M | 521.0M | 541.0M | 644.0M |
| Total Assets | 791.0M | 944.0M | 811.0M | 956.0M | 1.5B |
| Short Term Borrowings | 130.0M | 5.7M | 13.0M | -- | 142.0M |
| Accounts Payable | 198.0M | 220.0M | 165.0M | 187.0M | 233.0M |
| Advance Receipts | 164,200 | 4,600 | 10,500 | 10,500 | 15,300 |
| Contract Liabilities | 3.0M | 2.5M | 1.8M | 4.2M | 2.6M |
| Total Current Liabilities | 675.0M | 701.0M | 585.0M | 608.0M | 586.0M |
| Long Term Borrowings | 119.0M | 143.0M | 157.0M | 196.0M | 459.0M |
| Total Non Current Liabilities | 155.0M | 197.0M | 178.0M | 213.0M | 472.0M |
| Total Liabilities | 830.0M | 898.0M | 763.0M | 822.0M | 1.1B |
| Paid In Capital | 784.0M | 784.0M | 799.0M | 802.0M | 802.0M |
| Capital Reserve | 358.0M | 258.0M | 350.0M | 318.0M | 353.0M |
| Surplus Reserve | 94.4M | 94.4M | 94.4M | 94.4M | 94.4M |
| Retained Earnings | -1.2B | -1.1B | -1.1B | -979.0M | -756.0M |
| Minority Equity | 16.0M | 28.5M | 27.3M | 30.7M | 61.2M |
| Equity Attributable | -54.8M | 17.5M | 20.6M | 103.0M | 355.0M |
| Total Equity | -38.9M | 46.0M | 47.9M | 134.0M | 417.0M |
| 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 | 228.0M | 182.0M | 255.0M | 344.0M | 1.1B |
| Tax Refunds Received | 742,800 | -- | 16.1M | 1.8M | 1.3M |
| Total Operating Cash Inflow | 276.0M | 348.0M | 376.0M | 726.0M | 1.2B |
| Cash Paid For Goods | 225.0M | 119.0M | 173.0M | 196.0M | 383.0M |
| Cash Paid To Employees | 77.3M | 112.0M | 97.2M | 109.0M | 110.0M |
| Taxes Paid | 5.0M | 9.0M | 8.0M | 14.0M | 30.4M |
| Total Operating Cash Outflow | 395.0M | 320.0M | 357.0M | 518.0M | 1.1B |
| Operating Cash Flow | -119.0M | 28.6M | 19.0M | 208.0M | 127.0M |
| Total Investing Cash Inflow | 33.1M | 8.3M | 2.2M | 15.9M | 449.0M |
| Total Investing Cash Outflow | 12.6M | 64.5M | 10.9M | 75.9M | 223.0M |
| Investing Cash Flow | 20.5M | -56.2M | -8.7M | -60.1M | 225.0M |
| Cash From Borrowings | 227.0M | 91.7M | 23.7M | -- | 190.0M |
| Dividends And Interest Paid | 12.6M | 12.6M | 16.8M | 28.4M | 80.2M |
| Debt Repayments | 121.0M | 113.0M | 162.0M | 242.0M | 515.0M |
| Total Financing Cash Inflow | 227.0M | 150.0M | 253.0M | 141.0M | 190.0M |
| Total Financing Cash Outflow | 176.0M | 144.0M | 240.0M | 278.0M | 704.0M |
| Financing Cash Flow | 51.0M | 5.8M | 13.1M | -137.0M | -514.0M |
| Net Change In Cash | -47.2M | -22.1M | 23.5M | 9.1M | -161.0M |
| Ending Cash Balance | 16.8M | 64.0M | 86.0M | 62.6M | 53.5M |
| Capex | 9.6M | 60.1M | 5.9M | 9.1M | 809,300 |