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 | 132.0M | 144.0M | 155.0M | 259.0M | 255.0M |
| Revenue Growth % | -8.3% | -7.1% | -40.2% | 1.6% | -- |
| Total Revenue | 132.0M | 144.0M | 155.0M | 259.0M | 255.0M |
| Cost Of Revenue | 96.3M | 99.4M | 86.5M | 128.0M | 201.0M |
| Gross Profit | 35.7M | 44.6M | 68.5M | 131.0M | 54.0M |
| Gross Margin % | 27.1% | 31.0% | 44.2% | 50.6% | 21.2% |
| Total Operating Cost | 185.0M | 192.0M | 230.0M | 257.0M | 373.0M |
| Selling Expenses | 30.6M | 28.3M | 28.6M | 28.8M | 41.7M |
| Admin Expenses | 27.2M | 29.1M | 34.1M | 70.3M | 70.5M |
| Rd Expenses | 1.1M | 2.7M | 1.4M | -- | -- |
| Finance Expenses | 270,400 | -962,300 | 591,800 | 2.2M | -72,200 |
| Operating Income | -53.1M | -44.0M | -75.3M | 17.8M | -160.0M |
| Operating Margin % | -40.3% | -30.5% | -48.6% | 6.9% | -62.7% |
| Non Operating Income | 3,000 | 548,800 | 6.2M | 42.8M | 31.7M |
| Non Operating Expenses | 1.1M | 25.5M | 8.4M | 21.2M | 26.3M |
| Investment Income | -942,600 | 956,400 | 62,500 | 12.4M | -43.4M |
| Asset Disposal Income | -67,300 | 2.7M | -140,700 | 2.5M | 89,100 |
| Asset Impairment Loss | 9.0M | 19.5M | 43.4M | 21.1M | 40.4M |
| Other Income | 779,200 | 306,300 | 547,200 | 511,300 | 1.6M |
| Income Before Tax | -54.2M | -69.0M | -77.5M | 39.5M | -155.0M |
| Income Tax | -45,000 | -33,900 | 170,600 | -217,600 | -102,700 |
| Net Income | -54.2M | -68.9M | -77.7M | 39.7M | -155.0M |
| Net Margin % | -41.0% | -47.9% | -50.1% | 15.3% | -60.8% |
| Net Income Attributable | -51.4M | -67.0M | -78.5M | 40.1M | -153.0M |
| Minority Interest | -2.8M | -1.9M | 775,300 | -417,000 | -1.1M |
| Eps Basic | -0.38 | -0.48 | -0.47 | 0.28 | -1.09 |
| Eps Diluted | -0.38 | -0.48 | -0.55 | 0.28 | -1.09 |
| 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 | 5.0M | 42.3M | 44.0M | 68.1M | 45.6M |
| Accounts Receivable | 34.1M | 45.8M | 55.3M | 54.8M | 35.1M |
| Notes Receivable | 9.0M | 6.3M | -- | 39.0M | -- |
| Notes And Accounts Receivable | 43.2M | 52.1M | 55.3M | 93.8M | 35.1M |
| Prepayments | 9.7M | 7.3M | 9.2M | 12.8M | 16.7M |
| Inventory | 38.6M | 37.2M | 47.2M | 51.8M | 51.9M |
| Total Current Assets | 101.0M | 144.0M | 167.0M | 245.0M | 206.0M |
| Long Term Equity Investment | 69.8M | 71.1M | 70.2M | 70.1M | 6.0M |
| Fixed Assets | -- | 7.1M | 24.9M | -- | -- |
| Fixed Assets Total | 6.3M | 7.1M | 24.9M | 29.9M | 34.8M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | 317,900 | -- | -- | -- | -- |
| Intangible Assets | 364,000 | 2.2M | 20.0M | 21.1M | 20.2M |
| Long Term Deferred Expenses | 2.6M | 608,400 | 195,600 | 239,800 | 412,900 |
| Total Non Current Assets | 87.9M | 92.3M | 129.0M | 132.0M | 185.0M |
| Total Assets | 189.0M | 237.0M | 296.0M | 376.0M | 391.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 45.0M | 44.4M | 45.7M | 33.4M | 54.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 33.4M | 21.9M | 18.7M | 21.2M | 23.8M |
| Total Current Liabilities | 136.0M | 118.0M | 122.0M | 116.0M | 147.0M |
| Total Non Current Liabilities | 19.7M | 25.5M | 11.0M | 12.6M | 47.1M |
| Total Liabilities | 156.0M | 143.0M | 133.0M | 129.0M | 194.0M |
| Paid In Capital | 144.0M | 144.0M | 144.0M | 144.0M | 144.0M |
| Capital Reserve | 369.0M | 368.0M | 368.0M | 387.0M | 366.0M |
| Surplus Reserve | 31.4M | 31.4M | 31.4M | 31.4M | 31.4M |
| Retained Earnings | -481.0M | -429.0M | -362.0M | -294.0M | -323.0M |
| Minority Equity | -1.3M | 1.5M | 3.4M | 2.7M | 2.6M |
| Equity Attributable | 34.5M | 91.9M | 159.0M | 245.0M | 194.0M |
| Total Equity | 33.2M | 93.4M | 162.0M | 247.0M | 197.0M |
| 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 | 153.0M | 183.0M | 192.0M | 263.0M | 308.0M |
| Tax Refunds Received | 51,600 | 43,400 | 1.3M | 148,200 | -- |
| Total Operating Cash Inflow | 193.0M | 197.0M | 232.0M | 280.0M | 316.0M |
| Cash Paid For Goods | 96.1M | 113.0M | 104.0M | 150.0M | 227.0M |
| Cash Paid To Employees | 47.2M | 51.6M | 75.8M | 92.5M | 75.9M |
| Taxes Paid | 5.4M | 13.5M | 13.8M | 13.0M | 11.5M |
| Total Operating Cash Outflow | 209.0M | 233.0M | 253.0M | 312.0M | 329.0M |
| Operating Cash Flow | -16.2M | -35.8M | -21.5M | -31.9M | -12.4M |
| Total Investing Cash Inflow | 34,100 | 38.7M | 6.2M | 161.0M | 36.7M |
| Total Investing Cash Outflow | 571,300 | 73,800 | 605,700 | 118.0M | 79.0M |
| Investing Cash Flow | -537,200 | 38.6M | 5.6M | 43.2M | -42.3M |
| Cash From Borrowings | 7.5M | -- | -- | 5.0M | 80.0M |
| Dividends And Interest Paid | -- | -- | -- | -- | -- |
| Debt Repayments | -- | -- | -- | 5.1M | 90.0M |
| Total Financing Cash Inflow | 7.5M | -- | -- | 5.5M | 102.0M |
| Total Financing Cash Outflow | 14.8M | 9.2M | 7.7M | 6.1M | 90.0M |
| Financing Cash Flow | -7.3M | -9.2M | -7.7M | -633,200 | 11.8M |
| Net Change In Cash | -24.0M | -6.4M | -23.4M | 10.7M | -42.9M |
| Ending Cash Balance | 5.0M | 29.1M | 35.5M | 58.9M | 48.2M |
| Capex | 571,300 | 73,800 | 505,700 | 3.1M | 2.4M |