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 | 681.0M | 1.4B | 1.4B | 2.6B | 3.8B |
| Revenue Growth % | -49.8% | -5.8% | -45.5% | -30.9% | -- |
| Total Revenue | 681.0M | 1.4B | 1.4B | 2.6B | 3.8B |
| Cost Of Revenue | 494.0M | 823.0M | 977.0M | 1.7B | 2.5B |
| Gross Profit | 187.0M | 533.0M | 462.0M | 898.0M | 1.3B |
| Gross Margin % | 27.5% | 39.3% | 32.1% | 34.0% | 34.5% |
| Total Operating Cost | 952.0M | 1.6B | 2.2B | 3.4B | 4.7B |
| Selling Expenses | 259.0M | 380.0M | 574.0M | 1.1B | 1.5B |
| Admin Expenses | 64.3M | 77.4M | 84.3M | 140.0M | 133.0M |
| Rd Expenses | 25.4M | 42.8M | 51.8M | 69.3M | 68.6M |
| Finance Expenses | 26.0M | 58.2M | 88.6M | 97.5M | 77.4M |
| Operating Income | -157.0M | 51.3M | -820.0M | -411.0M | -808.0M |
| Operating Margin % | -23.1% | 3.8% | -57.0% | -15.6% | -21.2% |
| Non Operating Income | 7.5M | 13.4M | 5.5M | 4.6M | 2.2M |
| Non Operating Expenses | 40.9M | 31.9M | 16.1M | 16.1M | 15.5M |
| Investment Income | 50.0M | 24.7M | -56.8M | 321.0M | 30.5M |
| Fair Value Change Income | -2.5M | 20.5M | 451,200 | 24.3M | -- |
| Asset Disposal Income | 63.0M | 215.0M | 19.8M | 11.5M | -6.8M |
| Asset Impairment Loss | 64.0M | 52.9M | 115.0M | 99.0M | 202.0M |
| Other Income | 3.1M | 7.4M | 15.6M | 17.2M | 23.2M |
| Income Before Tax | -191.0M | 32.8M | -831.0M | -423.0M | -821.0M |
| Income Tax | 4.6M | 1.1M | -13.0M | -21.0M | 38.0M |
| Net Income | -195.0M | 31.7M | -818.0M | -402.0M | -859.0M |
| Net Margin % | -28.6% | 2.3% | -56.8% | -15.2% | -22.5% |
| Net Income Attributable | -195.0M | 31.7M | -818.0M | -402.0M | -859.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -0.08 | 0.01 | -0.33 | -0.16 | -0.34 |
| Eps Diluted | -0.08 | 0.01 | -0.33 | -0.16 | -0.34 |
| 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 | 63.7M | 220.0M | 126.0M | 331.0M | 181.0M |
| Accounts Receivable | 107.0M | 195.0M | 392.0M | 674.0M | 878.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 107.0M | 195.0M | 392.0M | 674.0M | 878.0M |
| Prepayments | 6.9M | 50.0M | 72.9M | 133.0M | 104.0M |
| Inventory | 330.0M | 468.0M | 745.0M | 1.1B | 1.6B |
| Total Current Assets | 653.0M | 1.4B | 1.7B | 2.6B | 3.1B |
| Long Term Equity Investment | -- | -- | 610.0M | 653.0M | 629.0M |
| Fixed Assets | -- | 84.2M | 667.0M | 826.0M | 1.1B |
| Fixed Assets Total | 143.0M | 84.2M | 667.0M | 826.0M | 1.1B |
| Construction In Progress | -- | -- | 2.8M | 591,200 | 700,800 |
| Construction In Progress Total | -- | -- | 2.8M | 591,200 | 700,800 |
| Intangible Assets | 5.1M | 6.9M | 17.3M | 19.3M | 32.1M |
| Long Term Deferred Expenses | 21.3M | 16.7M | 19.9M | 44.7M | 94.7M |
| Total Non Current Assets | 1.2B | 1.3B | 2.2B | 2.5B | 2.2B |
| Total Assets | 1.9B | 2.7B | 3.8B | 5.1B | 5.3B |
| Short Term Borrowings | 344.0M | 384.0M | 947.0M | 1.2B | 1.3B |
| Accounts Payable | 316.0M | 517.0M | 616.0M | 734.0M | 1.2B |
| Advance Receipts | 8.4M | 27.5M | 12.7M | 41.8M | 14.3M |
| Contract Liabilities | 41.3M | 48.4M | 66.0M | 68.5M | 61.2M |
| Total Current Liabilities | 1.3B | 2.0B | 3.4B | 4.0B | 4.1B |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 305.0M | 299.0M | 201.0M | 373.0M | -- |
| Total Liabilities | 1.6B | 2.3B | 3.6B | 4.4B | 4.1B |
| Paid In Capital | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B |
| Capital Reserve | 180.0M | 161.0M | 161.0M | 161.0M | 161.0M |
| Surplus Reserve | 523.0M | 523.0M | 523.0M | 523.0M | 523.0M |
| Retained Earnings | -3.2B | -3.0B | -3.0B | -2.5B | -2.0B |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 280.0M | 451.0M | 242.0M | 712.0M | 1.2B |
| Total Equity | 280.0M | 451.0M | 242.0M | 712.0M | 1.2B |
| 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 | 624.0M | 970.0M | 1.5B | 3.2B | 4.4B |
| Tax Refunds Received | 11,300 | 6.0M | 3,300 | 7.9M | 759,300 |
| Total Operating Cash Inflow | 672.0M | 1.1B | 1.6B | 3.4B | 4.7B |
| Cash Paid For Goods | 596.0M | 752.0M | 1.5B | 1.9B | 2.8B |
| Cash Paid To Employees | 187.0M | 222.0M | 332.0M | 528.0M | 503.0M |
| Taxes Paid | 46.9M | 77.3M | 52.2M | 158.0M | 75.2M |
| Total Operating Cash Outflow | 974.0M | 1.3B | 2.2B | 3.1B | 4.4B |
| Operating Cash Flow | -302.0M | -190.0M | -535.0M | 281.0M | 245.0M |
| Total Investing Cash Inflow | 400.0M | 1.3B | 196.0M | 451.0M | 18.4M |
| Total Investing Cash Outflow | 18.0M | 29.5M | 37.7M | 67.8M | 60.1M |
| Investing Cash Flow | 382.0M | 1.3B | 158.0M | 383.0M | -41.7M |
| Cash From Borrowings | 571.0M | 844.0M | 1.7B | 1.4B | 1.6B |
| Dividends And Interest Paid | 17.2M | 20.6M | 24.9M | 42.1M | 50.9M |
| Debt Repayments | 607.0M | 1.4B | 2.0B | 1.7B | 2.1B |
| Total Financing Cash Inflow | 1.0B | 1.1B | 2.9B | 1.7B | 1.8B |
| Total Financing Cash Outflow | 1.2B | 2.1B | 2.6B | 2.4B | 2.1B |
| Financing Cash Flow | -179.0M | -1.0B | 288.0M | -684.0M | -315.0M |
| Net Change In Cash | -99.1M | 88.1M | -88.9M | -19.8M | -112.0M |
| Ending Cash Balance | 58.3M | 157.0M | 69.2M | 158.0M | 178.0M |
| Capex | 18.0M | 29.5M | 37.7M | 67.8M | 60.1M |