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 | 1.8B | 2.2B | 3.3B | 4.1B | 3.3B |
| Revenue Growth % | -17.9% | -33.8% | -20.4% | 23.9% | -- |
| Total Revenue | 1.8B | 2.2B | 3.3B | 4.1B | 3.3B |
| Cost Of Revenue | 1.6B | 2.0B | 3.1B | 3.6B | 2.9B |
| Gross Profit | 176.0M | 127.0M | 197.0M | 563.0M | 474.0M |
| Gross Margin % | 9.9% | 5.8% | 6.0% | 13.6% | 14.2% |
| Total Operating Cost | 2.2B | 2.5B | 3.5B | 4.0B | 3.2B |
| Selling Expenses | 64.7M | 43.4M | 41.6M | 42.1M | 46.6M |
| Admin Expenses | 175.0M | 150.0M | 134.0M | 148.0M | 106.0M |
| Rd Expenses | 142.0M | 150.0M | 193.0M | 195.0M | 189.0M |
| Finance Expenses | 15.4M | 8.0M | -3.7M | 18.3M | 15.9M |
| Operating Income | -387.0M | -291.0M | -192.0M | 168.0M | 146.0M |
| Operating Margin % | -21.7% | -13.4% | -5.8% | 4.1% | 4.4% |
| Non Operating Income | 2.3M | 985,300 | 100,300 | 648,400 | 791,200 |
| Non Operating Expenses | 1.1M | 4.7M | 1.0M | 1.5M | 1.1M |
| Investment Income | -26.8M | 27.0M | -17.1M | 7.7M | 3.8M |
| Asset Disposal Income | -- | -78,300 | -- | 6,000 | -5,500 |
| Asset Impairment Loss | 68.5M | 87.6M | 5.0M | 6.5M | 14.6M |
| Other Income | 36.6M | 30.1M | 43.0M | 30.3M | 58.1M |
| Income Before Tax | -386.0M | -295.0M | -193.0M | 167.0M | 146.0M |
| Income Tax | -6.6M | -5.3M | -4.0M | 8.4M | -3.4M |
| Net Income | -379.0M | -289.0M | -189.0M | 159.0M | 149.0M |
| Net Margin % | -21.2% | -13.3% | -5.8% | 3.9% | 4.5% |
| Net Income Attributable | -370.0M | -248.0M | -186.0M | 147.0M | 147.0M |
| Minority Interest | -9.1M | -41.2M | -3.2M | 11.8M | 2.0M |
| Eps Basic | -1.42 | -0.95 | -0.71 | 0.56 | 0.56 |
| Eps Diluted | -1.42 | -0.95 | -0.71 | 0.56 | 0.56 |
| 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 | 310.0M | 405.0M | 656.0M | 980.0M | 925.0M |
| Accounts Receivable | 798.0M | 827.0M | 1.2B | 772.0M | 763.0M |
| Notes Receivable | 38.6M | 62.1M | 26.8M | 65.6M | 66.7M |
| Notes And Accounts Receivable | 836.0M | 889.0M | 1.2B | 838.0M | 830.0M |
| Prepayments | 36.1M | 75.8M | 67.8M | 76.8M | 116.0M |
| Inventory | 358.0M | 326.0M | 453.0M | 606.0M | 548.0M |
| Total Current Assets | 1.7B | 1.8B | 2.6B | 2.7B | 2.6B |
| Long Term Equity Investment | 155.0M | 184.0M | 198.0M | 215.0M | 215.0M |
| Fixed Assets | -- | 678.0M | 505.0M | 483.0M | -- |
| Fixed Assets Total | 720.0M | 678.0M | 505.0M | 483.0M | 399.0M |
| Construction In Progress | -- | 47.4M | 146.0M | 73.0M | 15.6M |
| Construction In Progress Total | 5.2M | 47.4M | 146.0M | 73.0M | 15.6M |
| Intangible Assets | 63.4M | 66.6M | 70.9M | 75.2M | 61.9M |
| Long Term Deferred Expenses | 42.1M | 6.5M | 2.2M | 778,600 | 229,300 |
| Total Non Current Assets | 1.3B | 1.3B | 1.1B | 1.0B | 915.0M |
| Total Assets | 2.9B | 3.1B | 3.6B | 3.7B | 3.5B |
| Short Term Borrowings | 782.0M | 641.0M | 398.0M | 285.0M | 336.0M |
| Accounts Payable | 816.0M | 682.0M | 1.0B | 1.0B | 743.0M |
| Advance Receipts | -- | -- | -- | 1.9M | 224,000 |
| Contract Liabilities | 89.7M | 299.0M | 253.0M | 84.1M | 217.0M |
| Total Current Liabilities | 2.0B | 1.9B | 2.1B | 1.7B | 1.9B |
| Long Term Borrowings | 164.0M | 5.4M | 18.0M | 212.0M | 5.1M |
| Total Non Current Liabilities | 215.0M | 62.5M | 70.4M | 274.0M | 42.0M |
| Total Liabilities | 2.2B | 2.0B | 2.2B | 2.0B | 2.0B |
| Paid In Capital | 261.0M | 261.0M | 262.0M | 262.0M | 263.0M |
| Capital Reserve | 650.0M | 651.0M | 659.0M | 665.0M | 662.0M |
| Surplus Reserve | 38.4M | 38.4M | 38.4M | 38.1M | 33.6M |
| Retained Earnings | -248.0M | 122.0M | 370.0M | 614.0M | 523.0M |
| Minority Equity | 62.6M | 68.4M | 95.6M | 98.9M | 34.9M |
| Equity Attributable | 715.0M | 1.1B | 1.3B | 1.6B | 1.5B |
| Total Equity | 778.0M | 1.2B | 1.4B | 1.7B | 1.5B |
| 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 | 2.0B | 2.8B | 3.4B | 4.4B | 3.7B |
| Tax Refunds Received | 9.6M | 5.6M | 39.5M | 12.2M | 22.5M |
| Total Operating Cash Inflow | 2.0B | 2.9B | 3.6B | 4.5B | 3.8B |
| Cash Paid For Goods | 1.4B | 2.4B | 3.0B | 3.5B | 3.0B |
| Cash Paid To Employees | 446.0M | 466.0M | 496.0M | 482.0M | 395.0M |
| Taxes Paid | 41.3M | 50.1M | 68.7M | 53.6M | 35.5M |
| Total Operating Cash Outflow | 2.3B | 3.0B | 3.7B | 4.1B | 3.6B |
| Operating Cash Flow | -248.0M | -95.3M | -147.0M | 405.0M | 256.0M |
| Total Investing Cash Inflow | 1.0M | 397,500 | 324,600 | 4.4M | 9.3M |
| Total Investing Cash Outflow | 110.0M | 174.0M | 179.0M | 235.0M | 242.0M |
| Investing Cash Flow | -109.0M | -174.0M | -178.0M | -231.0M | -233.0M |
| Cash From Borrowings | 1.2B | 750.0M | 501.0M | 1.0B | 624.0M |
| Dividends And Interest Paid | 27.5M | 19.3M | 76.8M | 76.4M | 37.8M |
| Debt Repayments | 929.0M | 727.0M | 420.0M | 1.1B | 510.0M |
| Total Financing Cash Inflow | 1.2B | 765.0M | 513.0M | 1.1B | 624.0M |
| Total Financing Cash Outflow | 970.0M | 759.0M | 517.0M | 1.2B | 550.0M |
| Financing Cash Flow | 261.0M | 5.8M | -4.5M | -92.9M | 73.6M |
| Net Change In Cash | -93.1M | -263.0M | -327.0M | 79.9M | 89.7M |
| Ending Cash Balance | 291.0M | 384.0M | 648.0M | 975.0M | 895.0M |
| Capex | 100.0M | 164.0M | 169.0M | 235.0M | 131.0M |