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 | 291.0M | 172.0M | 191.0M | 561.0M | 279.0M |
| Revenue Growth % | 69.2% | -9.9% | -66.0% | 101.1% | -- |
| Total Revenue | 291.0M | 172.0M | 191.0M | 561.0M | 279.0M |
| Cost Of Revenue | 276.0M | 150.0M | 169.0M | 485.0M | 300.0M |
| Gross Profit | 15.0M | 22.0M | 22.0M | 76.0M | -21.0M |
| Gross Margin % | 5.2% | 12.8% | 11.5% | 13.5% | -7.5% |
| Total Operating Cost | 340.0M | 208.0M | 245.0M | 553.0M | 434.0M |
| Selling Expenses | 10.2M | 13.3M | 16.3M | 18.1M | 16.4M |
| Admin Expenses | 29.6M | 23.4M | 25.2M | 21.1M | 22.3M |
| Rd Expenses | 7.7M | 14.3M | 15.5M | 21.5M | 17.2M |
| Finance Expenses | -6.5M | -4.0M | -3.0M | -2.4M | -2.9M |
| Operating Income | -43.8M | -31.1M | -53.7M | 11.0M | -155.0M |
| Operating Margin % | -15.1% | -18.1% | -28.1% | 2.0% | -55.6% |
| Non Operating Income | 2.8M | 1.2M | 7.8M | 12.7M | 327,900 |
| Non Operating Expenses | 525,900 | 293,300 | 288,700 | 26,000 | 17.4M |
| Investment Income | -10,500 | 2.1M | -- | 204,500 | 188,300 |
| Fair Value Change Income | -- | 1,700 | -- | -- | -- |
| Asset Disposal Income | -67,400 | -- | -118,100 | 169,000 | 353,300 |
| Asset Impairment Loss | 12.1M | 8.5M | 6.3M | 3.9M | 55.0M |
| Other Income | 5.3M | 2.1M | 984,500 | 2.2M | -28,700 |
| Income Before Tax | -41.6M | -30.2M | -46.2M | 23.7M | -173.0M |
| Income Tax | 6.6M | 4.0M | 7.0M | 355,800 | -5.1M |
| Net Income | -48.2M | -34.2M | -53.2M | 23.3M | -167.0M |
| Net Margin % | -16.6% | -19.9% | -27.8% | 4.2% | -59.9% |
| Net Income Attributable | -46.1M | -34.2M | -53.2M | 23.3M | -167.0M |
| Minority Interest | -2.1M | -- | -- | -- | -- |
| Eps Basic | -0.13 | -0.10 | -0.15 | 0.07 | -0.47 |
| Eps Diluted | -0.13 | -0.10 | -0.15 | 0.07 | -0.47 |
| 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 | 64.8M | 63.0M | 219.0M | 180.0M | 148.0M |
| Trading Financial Assets | -- | 26.0M | -- | -- | -- |
| Accounts Receivable | 50.4M | 114.0M | 150.0M | 179.0M | 157.0M |
| Notes Receivable | 5.9M | 5.6M | 1.7M | 2.1M | -- |
| Notes And Accounts Receivable | 56.3M | 120.0M | 152.0M | 181.0M | 157.0M |
| Prepayments | 1.8M | 94.6M | 1.4M | 24.5M | 39.5M |
| Inventory | 146.0M | 169.0M | 139.0M | 207.0M | 319.0M |
| Total Current Assets | 468.0M | 487.0M | 527.0M | 619.0M | 686.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 37.9M | 24.5M | 25.3M | 30.1M |
| Fixed Assets Total | 34.5M | 37.9M | 24.5M | 25.3M | 30.1M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 2.2M | 2.2M | 1.9M | 2.0M | 2.0M |
| Long Term Deferred Expenses | 30,600 | 25,600 | -- | -- | -- |
| Total Non Current Assets | 45.0M | 53.0M | 53.0M | 61.7M | 63.3M |
| Total Assets | 513.0M | 540.0M | 580.0M | 680.0M | 750.0M |
| Short Term Borrowings | 24.0M | 21.4M | -- | -- | -- |
| Accounts Payable | 105.0M | 142.0M | 127.0M | 164.0M | 189.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 29.5M | 40.4M | 79.5M | 70.9M | 88.5M |
| Total Current Liabilities | 185.0M | 216.0M | 227.0M | 270.0M | 301.0M |
| Total Non Current Liabilities | 2.4M | 5.3M | 3.6M | 6.9M | 18.2M |
| Total Liabilities | 187.0M | 221.0M | 230.0M | 277.0M | 319.0M |
| Paid In Capital | 347.0M | 347.0M | 347.0M | 347.0M | 357.0M |
| Capital Reserve | 125.0M | 125.0M | 125.0M | 125.0M | 166.0M |
| Surplus Reserve | 30.2M | 30.2M | 30.2M | 30.2M | 30.2M |
| Retained Earnings | -233.0M | -183.0M | -152.0M | -99.1M | -122.0M |
| Minority Equity | 55.7M | -- | -- | -- | -- |
| Equity Attributable | 270.0M | 319.0M | 350.0M | 403.0M | 431.0M |
| Total Equity | 325.0M | 319.0M | 350.0M | 403.0M | 431.0M |
| 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 | 592.0M | 229.0M | 236.0M | 552.0M | 432.0M |
| Tax Refunds Received | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 600.0M | 244.0M | 254.0M | 569.0M | 462.0M |
| Cash Paid For Goods | 529.0M | 243.0M | 135.0M | 414.0M | 512.0M |
| Cash Paid To Employees | 29.1M | 28.0M | 31.9M | 31.8M | 23.5M |
| Taxes Paid | 2.7M | 8.6M | 13.5M | 8.0M | 5.7M |
| Total Operating Cash Outflow | 672.0M | 398.0M | 205.0M | 487.0M | 571.0M |
| Operating Cash Flow | -71.5M | -155.0M | 48.4M | 82.8M | -109.0M |
| Total Investing Cash Inflow | 26.1M | 10.0M | 160,400 | 130.0M | 246.0M |
| Total Investing Cash Outflow | 874,000 | 34.2M | 11.1M | 131.0M | 246.0M |
| Investing Cash Flow | 25.2M | -24.2M | -11.0M | -316,600 | -249,000 |
| Cash From Borrowings | 14.9M | 31.4M | 12.2M | -- | 47.0M |
| Dividends And Interest Paid | 556,100 | 434,400 | 68,300 | -- | 6.7M |
| Debt Repayments | 21.4M | 10.0M | 12.2M | -- | 47.0M |
| Total Financing Cash Inflow | 72.7M | 31.4M | 12.2M | -- | 47.0M |
| Total Financing Cash Outflow | 23.0M | 10.8M | 12.3M | 51.1M | 60.6M |
| Financing Cash Flow | 49.7M | 20.6M | -68,300 | -51.1M | -13.6M |
| Net Change In Cash | 3.4M | -158.0M | 37.4M | 31.4M | -123.0M |
| Ending Cash Balance | 62.0M | 58.6M | 217.0M | 179.0M | 148.0M |
| Capex | 874,000 | 8.2M | 1.1M | 779,300 | 917,100 |