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 | 1.8B | 1.7B | 1.4B | 1.4B | 1.3B |
| Revenue Growth % | 2.9% | 20.6% | 0.1% | 7.6% | -- |
| Total Revenue | 1.8B | 1.7B | 1.4B | 1.4B | 1.3B |
| Cost Of Revenue | 1.8B | 1.8B | 1.4B | 1.4B | 1.2B |
| Gross Profit | -39.0M | -35.0M | 9.0M | -5.0M | 184.0M |
| Gross Margin % | -2.2% | -2.0% | 0.6% | -0.3% | 13.7% |
| Total Operating Cost | 2.2B | 2.1B | 1.6B | 2.0B | 1.4B |
| Selling Expenses | 45.6M | 25.2M | 13.6M | 11.5M | 61.0M |
| Admin Expenses | 84.7M | 143.0M | 90.7M | 140.0M | 115.0M |
| Rd Expenses | 68.7M | 15.3M | 11.7M | 12.9M | 15.9M |
| Finance Expenses | 46.6M | 27.0M | 6.8M | 28.8M | 38.4M |
| Operating Income | -404.0M | -347.0M | -180.0M | -532.0M | -6.9M |
| Operating Margin % | -22.5% | -19.9% | -12.5% | -36.8% | -0.5% |
| Non Operating Income | 969,400 | 3.3M | 4.0M | 3.9M | 14.0M |
| Non Operating Expenses | 32.2M | 10.9M | 70.5M | 11.0M | 4.3M |
| Investment Income | 1.2M | 31.6M | 2.3M | 1.8M | 36.8M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -359,100 | -1.5M | 1.5M | -1.9M | 23.5M |
| Asset Impairment Loss | 68.8M | 119.0M | 16.0M | 304.0M | 12.9M |
| Other Income | 17.0M | 8.6M | 2.4M | 2.3M | 5.6M |
| Income Before Tax | -435.0M | -354.0M | -247.0M | -539.0M | 2.8M |
| Income Tax | -81.6M | -6.6M | 73.7M | -47.7M | -12.1M |
| Net Income | -353.0M | -348.0M | -321.0M | -491.0M | 14.8M |
| Net Margin % | -19.7% | -20.0% | -22.2% | -34.0% | 1.1% |
| Net Income Attributable | -253.0M | -332.0M | -321.0M | -491.0M | 14.8M |
| Minority Interest | -101.0M | -15.5M | -56.00 | -- | -- |
| Eps Basic | -0.68 | -0.89 | -0.86 | -1.44 | 0.04 |
| Eps Diluted | -0.68 | -0.89 | -0.86 | -1.44 | 0.04 |
| 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 | 408.0M | 457.0M | 24.0M | 84.6M | 331.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 291.0M | 363.0M | 95.4M | 77.7M | 48.8M |
| Notes Receivable | 139.0M | -- | 950,000 | -- | -- |
| Notes And Accounts Receivable | 430.0M | 363.0M | 96.3M | 77.7M | 48.8M |
| Prepayments | 126.0M | 167.0M | 54.1M | 33.5M | 44.8M |
| Inventory | 182.0M | 168.0M | 98.1M | 133.0M | 130.0M |
| Total Current Assets | 1.3B | 1.6B | 360.0M | 546.0M | 823.0M |
| Long Term Equity Investment | 9.1M | 8.9M | 7.4M | 4.9M | 3.6M |
| Fixed Assets | -- | 983.0M | 854.0M | -- | 1.1B |
| Fixed Assets Total | 1.7B | 983.0M | 854.0M | 930.0M | 1.1B |
| Construction In Progress | -- | 541.0M | 12.2M | -- | 141.0M |
| Construction In Progress Total | 5.3M | 542.0M | 14.0M | 5.1M | 143.0M |
| Intangible Assets | 61.7M | 58.6M | 43.6M | 46.9M | 49.5M |
| Long Term Deferred Expenses | 811,100 | 530,900 | 4,900 | 19,600 | 152,200 |
| Total Non Current Assets | 2.1B | 1.8B | 1.1B | 1.2B | 1.5B |
| Total Assets | 3.4B | 3.4B | 1.5B | 1.7B | 2.3B |
| Short Term Borrowings | 169.0M | 203.0M | 108.0M | 97.0M | 172.0M |
| Accounts Payable | 947.0M | 758.0M | 494.0M | 500.0M | 412.0M |
| Advance Receipts | -- | 13,000 | -- | -- | 259,700 |
| Contract Liabilities | 144.0M | 126.0M | 52.4M | 57.9M | 33.8M |
| Total Current Liabilities | 2.3B | 2.5B | 1.0B | 1.0B | 1.1B |
| Long Term Borrowings | 423.0M | 408.0M | -- | -- | -- |
| Total Non Current Liabilities | 773.0M | 631.0M | 81.0M | 16.1M | 17.2M |
| Total Liabilities | 3.1B | 3.1B | 1.1B | 1.1B | 1.2B |
| Paid In Capital | 375.0M | 374.0M | 374.0M | 340.0M | 340.0M |
| Capital Reserve | 2.1B | 1.9B | 1.9B | 1.8B | 1.8B |
| Surplus Reserve | 49.0M | 49.0M | 49.0M | 49.0M | 49.0M |
| Retained Earnings | -2.5B | -2.2B | -1.9B | -1.5B | -1.1B |
| Minority Equity | 280.0M | 225.0M | -56.00 | -- | -- |
| Equity Attributable | 32.5M | 25.2M | 358.0M | 667.0M | 1.2B |
| Total Equity | 313.0M | 251.0M | 358.0M | 667.0M | 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 | 2.2B | 1.2B | 933.0M | 914.0M | 1.4B |
| Tax Refunds Received | 152.0M | 10.5M | 46.0M | 61.0M | 30.4M |
| Total Operating Cash Inflow | 2.7B | 1.4B | 991.0M | 1.0B | 1.5B |
| Cash Paid For Goods | 2.1B | 1.5B | 848.0M | 788.0M | 1.1B |
| Cash Paid To Employees | 213.0M | 159.0M | 143.0M | 145.0M | 149.0M |
| Taxes Paid | 30.8M | 10.4M | 7.9M | 4.9M | 23.5M |
| Total Operating Cash Outflow | 2.6B | 1.7B | 1.1B | 993.0M | 1.4B |
| Operating Cash Flow | 106.0M | -383.0M | -64.3M | 11.8M | 128.0M |
| Total Investing Cash Inflow | 55.2M | 11.9M | 68.9M | 3.7M | 328.0M |
| Total Investing Cash Outflow | 278.0M | 549.0M | 78.7M | 98.9M | 108.0M |
| Investing Cash Flow | -223.0M | -537.0M | -9.8M | -95.2M | 221.0M |
| Cash From Borrowings | 335.0M | 615.0M | 108.0M | 82.0M | 306.0M |
| Dividends And Interest Paid | 29.4M | 12.1M | 6.0M | 12.7M | 15.6M |
| Debt Repayments | 305.0M | 92.4M | 82.0M | 172.0M | 364.0M |
| Total Financing Cash Inflow | 1.2B | 1.9B | 273.0M | 271.0M | 306.0M |
| Total Financing Cash Outflow | 1.0B | 945.0M | 225.0M | 381.0M | 572.0M |
| Financing Cash Flow | 158.0M | 926.0M | 47.8M | -109.0M | -266.0M |
| Net Change In Cash | 49.4M | 6.9M | -24.0M | -194.0M | 76.6M |
| Ending Cash Balance | 65.3M | 15.9M | 9.0M | 33.0M | 227.0M |
| Capex | 277.0M | 468.0M | 31.1M | 88.9M | 108.0M |