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 | 454.0M | 431.0M | 621.0M | 933.0M | 590.0M |
| Revenue Growth % | 5.3% | -30.6% | -33.4% | 58.1% | -- |
| Total Revenue | 454.0M | 431.0M | 621.0M | 933.0M | 590.0M |
| Cost Of Revenue | 459.0M | 411.0M | 562.0M | 412.0M | 190.0M |
| Gross Profit | -5.0M | 20.0M | 59.0M | 521.0M | 400.0M |
| Gross Margin % | -1.1% | 4.6% | 9.5% | 55.8% | 67.8% |
| Total Operating Cost | 882.0M | 1.2B | 1.3B | 795.0M | 498.0M |
| Selling Expenses | 13.3M | 15.7M | 16.3M | 25.6M | 19.4M |
| Admin Expenses | 108.0M | 139.0M | 140.0M | 155.0M | 93.3M |
| Rd Expenses | 69.8M | 188.0M | 100.0M | 82.9M | 74.2M |
| Finance Expenses | 5.5M | 4.0M | 2.7M | 10.9M | 30.6M |
| Operating Income | -530.0M | -891.0M | -765.0M | 82.4M | 122.0M |
| Operating Margin % | -116.7% | -206.7% | -123.2% | 8.8% | 20.7% |
| Non Operating Income | 903,000 | 513,500 | 19,200 | 551,300 | 384,600 |
| Non Operating Expenses | 5.0M | 10.1M | 114,100 | 160,800 | 1.6M |
| Investment Income | -17.8M | -110.0M | 1.4M | 11.1M | -13.8M |
| Fair Value Change Income | -85.0M | -30.7M | -111.0M | -72.3M | 37.3M |
| Asset Disposal Income | 570,000 | 274,100 | -500.00 | 18,000 | -67,300 |
| Asset Impairment Loss | 191.0M | 367.0M | 353.0M | 80.5M | 48.9M |
| Other Income | 361,300 | 6.2M | 10.8M | 6.2M | 7.3M |
| Income Before Tax | -534.0M | -901.0M | -765.0M | 82.8M | 121.0M |
| Income Tax | 8.9M | -31.8M | 6.9M | 16.8M | -3.3M |
| Net Income | -543.0M | -869.0M | -772.0M | 66.0M | 124.0M |
| Net Margin % | -119.6% | -201.6% | -124.3% | 7.1% | 21.0% |
| Net Income Attributable | -528.0M | -795.0M | -687.0M | 67.8M | 123.0M |
| Minority Interest | -15.3M | -74.2M | -85.2M | -1.7M | 1.1M |
| Eps Basic | -0.56 | -0.84 | -0.72 | 0.07 | 0.15 |
| Eps Diluted | -0.56 | -0.84 | -0.72 | 0.07 | 0.15 |
| 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 | 175.0M | 215.0M | 282.0M | 499.0M | 125.0M |
| Trading Financial Assets | -- | 100.0M | 150.0M | 100.0M | -- |
| Accounts Receivable | 258.0M | 340.0M | 453.0M | 536.0M | 373.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 258.0M | 340.0M | 453.0M | 536.0M | 373.0M |
| Prepayments | 173.0M | 107.0M | 190.0M | 193.0M | 228.0M |
| Inventory | -- | -- | -- | -- | -- |
| Total Current Assets | 663.0M | 854.0M | 1.2B | 1.6B | 801.0M |
| Long Term Equity Investment | 89.3M | 110.0M | 122.0M | 143.0M | 162.0M |
| Fixed Assets | -- | 6.1M | 8.5M | 9.4M | 9.6M |
| Fixed Assets Total | 4.1M | 6.1M | 8.5M | 9.4M | 9.6M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 314.0M | 304.0M | 240.0M | 287.0M | 288.0M |
| Long Term Deferred Expenses | 3.5M | 5.9M | 8.8M | 7.6M | 5.0M |
| Total Non Current Assets | 2.8B | 3.3B | 3.8B | 4.3B | 4.2B |
| Total Assets | 3.4B | 4.1B | 5.0B | 5.8B | 5.0B |
| Short Term Borrowings | 91.5M | 139.0M | 172.0M | 260.0M | 488.0M |
| Accounts Payable | 98.5M | 201.0M | 197.0M | 156.0M | 131.0M |
| Advance Receipts | 1.4M | 1.4M | 740,100 | -- | -- |
| Contract Liabilities | 122.0M | 114.0M | 109.0M | 87.4M | 67.9M |
| Total Current Liabilities | 351.0M | 493.0M | 527.0M | 557.0M | 782.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 44.1M | 55.6M | 62.3M | 57.5M | 54.3M |
| Total Liabilities | 395.0M | 548.0M | 589.0M | 615.0M | 836.0M |
| Paid In Capital | 957.0M | 957.0M | 957.0M | 957.0M | 814.0M |
| Capital Reserve | 2.8B | 2.8B | 2.8B | 2.8B | 2.1B |
| Surplus Reserve | 162.0M | 162.0M | 162.0M | 162.0M | 137.0M |
| Retained Earnings | -903.0M | -375.0M | 419.0M | 1.1B | 1.1B |
| Minority Equity | 42.3M | 57.6M | 132.0M | 217.0M | -149,800 |
| Equity Attributable | 3.0B | 3.5B | 4.3B | 5.0B | 4.2B |
| Total Equity | 3.0B | 3.6B | 4.4B | 5.2B | 4.2B |
| 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 | 528.0M | 546.0M | 708.0M | 842.0M | 793.0M |
| Tax Refunds Received | -- | -- | 15.8M | -- | -- |
| Total Operating Cash Inflow | 568.0M | 559.0M | 759.0M | 911.0M | 822.0M |
| Cash Paid For Goods | 385.0M | 334.0M | 423.0M | 384.0M | 237.0M |
| Cash Paid To Employees | 146.0M | 177.0M | 170.0M | 142.0M | 97.7M |
| Taxes Paid | 12.2M | 14.4M | 25.1M | 36.0M | 49.5M |
| Total Operating Cash Outflow | 576.0M | 585.0M | 652.0M | 658.0M | 474.0M |
| Operating Cash Flow | -7.5M | -25.5M | 108.0M | 253.0M | 348.0M |
| Total Investing Cash Inflow | 441.0M | 573.0M | 693.0M | 775.0M | 52.3M |
| Total Investing Cash Outflow | 388.0M | 593.0M | 989.0M | 1.2B | 281.0M |
| Investing Cash Flow | 52.6M | -20.1M | -296.0M | -452.0M | -229.0M |
| Cash From Borrowings | 98.5M | 215.0M | 228.0M | 313.0M | 598.0M |
| Dividends And Interest Paid | 5.4M | 6.2M | 7.8M | 30.7M | 73.5M |
| Debt Repayments | 145.0M | 248.0M | 319.0M | 539.0M | 732.0M |
| Total Financing Cash Inflow | 98.5M | 240.0M | 412.0M | 1.2B | 637.0M |
| Total Financing Cash Outflow | 158.0M | 263.0M | 399.0M | 689.0M | 818.0M |
| Financing Cash Flow | -59.8M | -22.7M | 12.6M | 527.0M | -181.0M |
| Net Change In Cash | -14.2M | -68.4M | -177.0M | 326.0M | -61.1M |
| Ending Cash Balance | 173.0M | 188.0M | 256.0M | 433.0M | 107.0M |
| Capex | 54.9M | 147.0M | 220.0M | 344.0M | 250.0M |