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 | 343.0M | 773.0M | 700.0M | 125.0M | 125.0M |
| Revenue Growth % | -55.6% | 10.4% | 460.0% | 0.0% | -- |
| Total Revenue | 343.0M | 773.0M | 700.0M | 125.0M | 125.0M |
| Cost Of Revenue | 320.0M | 654.0M | 512.0M | 81.7M | 120.0M |
| Gross Profit | 23.0M | 119.0M | 188.0M | 43.3M | 5.0M |
| Gross Margin % | 6.7% | 15.4% | 26.9% | 34.7% | 4.0% |
| Total Operating Cost | 518.0M | 800.0M | 658.0M | 264.0M | 326.0M |
| Selling Expenses | 29.2M | 32.4M | 24.7M | 15.7M | 6.1M |
| Admin Expenses | 73.5M | 81.3M | 68.3M | 79.2M | 25.3M |
| Rd Expenses | 9.5M | 11.7M | 19.1M | 7.6M | 3.1M |
| Finance Expenses | 9.5M | 3.4M | -632,300 | 5.7M | 46.9M |
| Operating Income | -186.0M | -28.5M | 42.1M | -986.0M | -26.9M |
| Operating Margin % | -54.2% | -3.7% | 6.0% | -788.8% | -21.5% |
| Non Operating Income | 144,300 | 142,900 | 206,300 | 64,400 | 27,700 |
| Non Operating Expenses | 16.2M | 3.7M | 3.8M | 669,500 | 9.5M |
| Investment Income | -7.9M | -2.7M | -625,800 | -848.0M | 159.0M |
| Asset Disposal Income | 1.1M | 110,100 | -110,500 | -- | -- |
| Asset Impairment Loss | 29.8M | 5.3M | 19.3M | 29.3M | 16.3M |
| Other Income | -3.3M | 1.3M | 192,000 | 961,600 | 14.3M |
| Income Before Tax | -202.0M | -32.1M | 38.5M | -986.0M | -36.3M |
| Income Tax | -192,800 | 2.4M | 6.9M | -1.5M | -2.3M |
| Net Income | -201.0M | -34.5M | 31.6M | -985.0M | -34.0M |
| Net Margin % | -58.6% | -4.5% | 4.5% | -788.0% | -27.2% |
| Net Income Attributable | -201.0M | -34.3M | 31.6M | -985.0M | -34.0M |
| Minority Interest | -444,000 | -186,100 | -62,900 | -98,800 | 13,500 |
| Eps Basic | -0.09 | -0.02 | 0.01 | -0.46 | -0.02 |
| Eps Diluted | -0.09 | -0.02 | 0.01 | -0.46 | -0.02 |
| 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 | 43.3M | 102.0M | 82.2M | 723.0M | 5.6M |
| Accounts Receivable | 208.0M | 253.0M | 109.0M | 46.1M | 981.0M |
| Notes Receivable | -- | 47,500 | 124.0M | -- | 5.5M |
| Notes And Accounts Receivable | 208.0M | 253.0M | 233.0M | 46.1M | 986.0M |
| Prepayments | 30.8M | 64.6M | 5.0M | 3.6M | 70.9M |
| Inventory | 14.8M | 2.9M | 2.0M | -- | 1.4M |
| Total Current Assets | 878.0M | 1.0B | 935.0M | 939.0M | 1.3B |
| Long Term Equity Investment | 49.1M | 56.6M | 59.4M | -- | -- |
| Fixed Assets | -- | 7.4M | 9.7M | 8.9M | 14.1M |
| Fixed Assets Total | 5.6M | 7.4M | 9.7M | 8.9M | 14.1M |
| Construction In Progress | -- | -- | -- | 1.4M | 2.3M |
| Construction In Progress Total | -- | -- | -- | 1.4M | 2.3M |
| Intangible Assets | 2.2M | 3.3M | 4.3M | 4.5M | 33.1M |
| Long Term Deferred Expenses | 1.8M | 2.9M | 4.1M | 3.1M | 564,400 |
| Total Non Current Assets | 161.0M | 225.0M | 231.0M | 60.0M | 80.2M |
| Total Assets | 1.0B | 1.3B | 1.2B | 999.0M | 1.4B |
| Short Term Borrowings | 137.0M | 95.0M | 30.0M | -- | 499.0M |
| Accounts Payable | 272.0M | 342.0M | 282.0M | 54.8M | 259.0M |
| Advance Receipts | -- | 8,300 | -- | -- | -- |
| Contract Liabilities | 41.0M | 2.6M | 553,300 | 2.8M | 4.9M |
| Total Current Liabilities | 615.0M | 620.0M | 485.0M | 348.0M | 1.1B |
| Long Term Borrowings | -- | -- | -- | -- | 153.0M |
| Total Non Current Liabilities | 15.3M | 23.2M | 15.3M | 13.5M | 262.0M |
| Total Liabilities | 630.0M | 643.0M | 500.0M | 362.0M | 1.4B |
| Paid In Capital | 1.5B | 1.5B | 1.5B | 1.5B | 120.0M |
| Capital Reserve | 290.0M | 290.0M | 290.0M | 290.0M | 90.6M |
| Surplus Reserve | 69.9M | 69.9M | 69.9M | 69.9M | 69.9M |
| Retained Earnings | -1.4B | -1.2B | -1.2B | -1.2B | -238.0M |
| Minority Equity | -301,400 | 142,600 | 327,900 | 390,800 | 489,600 |
| Equity Attributable | 410.0M | 620.0M | 666.0M | 637.0M | 54.9M |
| Total Equity | 410.0M | 620.0M | 666.0M | 637.0M | 55.4M |
| 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 | 330.0M | 744.0M | 157.0M | 125.0M | 91.8M |
| Tax Refunds Received | 1.2M | -- | 120,000 | -- | -- |
| Total Operating Cash Inflow | 390.0M | 872.0M | 202.0M | 151.0M | 204.0M |
| Cash Paid For Goods | 336.0M | 648.0M | 274.0M | 116.0M | 114.0M |
| Cash Paid To Employees | 51.7M | 73.4M | 50.3M | 34.3M | 21.7M |
| Taxes Paid | 11.3M | 20.4M | 5.1M | 5.0M | 905,200 |
| Total Operating Cash Outflow | 472.0M | 908.0M | 542.0M | 254.0M | 203.0M |
| Operating Cash Flow | -81.7M | -35.8M | -340.0M | -102.0M | 1.5M |
| Total Investing Cash Inflow | 22.0M | -- | 50.0M | 107.0M | -- |
| Total Investing Cash Outflow | 929,400 | 5.0M | 172.0M | 3.6M | 2.5M |
| Investing Cash Flow | 21.1M | -5.0M | -122.0M | 103.0M | -2.5M |
| Cash From Borrowings | 95.7M | 115.0M | 30.0M | -- | -- |
| Dividends And Interest Paid | 4.3M | 4.0M | 101,500 | 177,500 | 297,600 |
| Debt Repayments | 154.0M | 60.0M | 84.4M | 7.0M | 2.4M |
| Total Financing Cash Inflow | 303.0M | 144.0M | 38.0M | 809.0M | -- |
| Total Financing Cash Outflow | 280.0M | 70.7M | 277.0M | 88.9M | 2.8M |
| Financing Cash Flow | 23.1M | 73.6M | -239.0M | 721.0M | -2.8M |
| Net Change In Cash | -37.5M | 32.8M | -701.0M | 721.0M | -3.8M |
| Ending Cash Balance | 17.7M | 55.2M | 22.4M | 723.0M | 2.0M |
| Capex | 929,400 | 3.2M | 3.8M | 3.6M | 2.5M |