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 | 1.7B | 1.5B | 1.9B | 2.5B | 3.0B |
| Revenue Growth % | 10.3% | -19.6% | -22.8% | -18.0% | -- |
| Total Revenue | 1.7B | 1.5B | 1.9B | 2.5B | 3.0B |
| Cost Of Revenue | 1.7B | 1.6B | 1.9B | 2.2B | 2.7B |
| Gross Profit | 38.0M | -39.0M | 39.0M | 298.0M | 364.0M |
| Gross Margin % | 2.2% | -2.5% | 2.0% | 11.9% | 12.0% |
| Total Operating Cost | 1.9B | 2.0B | 2.2B | 2.7B | 3.6B |
| Selling Expenses | 19.1M | 13.1M | 13.7M | 23.3M | 31.1M |
| Admin Expenses | 141.0M | 162.0M | 161.0M | 238.0M | 243.0M |
| Rd Expenses | 48.5M | 58.4M | 50.8M | 90.1M | 164.0M |
| Finance Expenses | 40.5M | 38.6M | 38.2M | 35.9M | 37.6M |
| Operating Income | -230.0M | -428.0M | -169.0M | -164.0M | -532.0M |
| Operating Margin % | -13.5% | -27.6% | -8.8% | -6.6% | -17.5% |
| Non Operating Income | 2.7M | 6.0M | 5.7M | 2.0M | 9.1M |
| Non Operating Expenses | 17.3M | -39.7M | 17.4M | 16.9M | 92.2M |
| Investment Income | 2.1M | 945,000 | 55.6M | -3.4M | 2.4M |
| Fair Value Change Income | -29.1M | 5.0M | 3.7M | 46,200 | -1.4M |
| Asset Disposal Income | 3.8M | -1.9M | 2.4M | -1.2M | -4.8M |
| Asset Impairment Loss | 13.1M | 135.0M | 57.7M | 79.1M | 447.0M |
| Other Income | 28.3M | 24.3M | 72.0M | 34.7M | 53.1M |
| Income Before Tax | -244.0M | -383.0M | -181.0M | -178.0M | -615.0M |
| Income Tax | -22.9M | 28.0M | -60.4M | -13.6M | -7.0M |
| Net Income | -221.0M | -411.0M | -121.0M | -165.0M | -608.0M |
| Net Margin % | -12.9% | -26.6% | -6.3% | -6.6% | -20.0% |
| Net Income Attributable | -218.0M | -411.0M | -121.0M | -165.0M | -603.0M |
| Minority Interest | -3.5M | -17,600 | -- | -- | -4.8M |
| Eps Basic | -0.38 | -0.72 | -0.21 | -0.29 | -1.04 |
| Eps Diluted | -0.38 | -0.72 | -0.21 | -0.29 | -1.04 |
| 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 | 336.0M | 285.0M | 355.0M | 232.0M | 457.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 533.0M | 418.0M | 439.0M | 470.0M | 687.0M |
| Notes Receivable | 491,400 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 534.0M | 418.0M | 439.0M | 470.0M | 687.0M |
| Prepayments | 568,900 | 1.0M | 1.7M | 7.2M | 33.5M |
| Inventory | 137.0M | 138.0M | 97.8M | 136.0M | 133.0M |
| Total Current Assets | 1.1B | 874.0M | 944.0M | 909.0M | 1.4B |
| Long Term Equity Investment | -- | -- | -- | -- | 3.4M |
| Fixed Assets | -- | 620.0M | 824.0M | 838.0M | 1.0B |
| Fixed Assets Total | 501.0M | 620.0M | 824.0M | 838.0M | 1.0B |
| Construction In Progress | -- | 61.4M | 60.7M | 103.0M | 109.0M |
| Construction In Progress Total | 103.0M | 61.4M | 60.7M | 103.0M | 109.0M |
| Intangible Assets | 2.8M | 4.7M | 7.4M | 10.5M | 17.4M |
| Long Term Deferred Expenses | 28.8M | 40.5M | 55.1M | 92.3M | 154.0M |
| Total Non Current Assets | 1.5B | 1.7B | 1.9B | 2.0B | 1.6B |
| Total Assets | 2.6B | 2.6B | 2.9B | 2.9B | 3.0B |
| Short Term Borrowings | 203.0M | 50.1M | 30.0M | 29.0M | 150.0M |
| Accounts Payable | 646.0M | 596.0M | 563.0M | 490.0M | 539.0M |
| Advance Receipts | -- | -- | -- | 1.9M | 1.6M |
| Contract Liabilities | 9.0M | 26.1M | 7.8M | 6.3M | 121.0M |
| Total Current Liabilities | 1.3B | 992.0M | 843.0M | 921.0M | 1.3B |
| Long Term Borrowings | -- | -- | 37.5M | 124.0M | 148.0M |
| Total Non Current Liabilities | 817.0M | 882.0M | 942.0M | 769.0M | 358.0M |
| Total Liabilities | 2.1B | 1.9B | 1.8B | 1.7B | 1.6B |
| Paid In Capital | 567.0M | 567.0M | 567.0M | 577.0M | 577.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.3B | 1.3B |
| Surplus Reserve | 77.0M | 77.0M | 77.0M | 77.0M | 77.0M |
| Retained Earnings | -1.4B | -1.2B | -772.0M | -644.0M | -479.0M |
| Minority Equity | -3.5M | -17,600 | -- | -- | -- |
| Equity Attributable | 466.0M | 684.0M | 1.1B | 1.2B | 1.4B |
| Total Equity | 463.0M | 684.0M | 1.1B | 1.2B | 1.4B |
| 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 | 1.7B | 2.1B | 2.2B | 2.8B | 3.9B |
| Tax Refunds Received | 1.5M | 8.3M | 20.2M | 4.2M | 14.6M |
| Total Operating Cash Inflow | 1.7B | 2.1B | 2.3B | 2.9B | 4.0B |
| Cash Paid For Goods | 1.3B | 1.7B | 1.1B | 1.4B | 2.2B |
| Cash Paid To Employees | 392.0M | 395.0M | 681.0M | 982.0M | 1.0B |
| Taxes Paid | 35.6M | 38.1M | 104.0M | 188.0M | 158.0M |
| Total Operating Cash Outflow | 1.8B | 2.2B | 2.1B | 2.8B | 3.7B |
| Operating Cash Flow | -77.3M | -41.7M | 225.0M | 106.0M | 302.0M |
| Total Investing Cash Inflow | 27.5M | 3.2M | 135.0M | 40.6M | 86.6M |
| Total Investing Cash Outflow | 43.9M | 48.2M | 80.5M | 104.0M | 244.0M |
| Investing Cash Flow | -16.4M | -44.9M | 54.1M | -63.3M | -157.0M |
| Cash From Borrowings | 45.0M | 55.0M | 30.0M | 29.0M | 140.0M |
| Dividends And Interest Paid | 2.6M | 3.9M | 7.2M | 12.0M | 17.6M |
| Debt Repayments | 50.0M | 78.5M | 44.0M | 136.0M | 203.0M |
| Total Financing Cash Inflow | 445.0M | 81.9M | 30.0M | 78.8M | 252.0M |
| Total Financing Cash Outflow | 364.0M | 131.0M | 243.0M | 345.0M | 445.0M |
| Financing Cash Flow | 81.0M | -49.2M | -213.0M | -266.0M | -193.0M |
| Net Change In Cash | -12.9M | -136.0M | 66.0M | -223.0M | -48.1M |
| Ending Cash Balance | 134.0M | 147.0M | 283.0M | 217.0M | 440.0M |
| Capex | 43.9M | 48.2M | 80.5M | 104.0M | 244.0M |