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 | 862.0M | 757.0M | 501.0M | 168.0M | 114.0M |
| Revenue Growth % | 13.9% | 51.1% | 198.2% | 47.4% | -- |
| Total Revenue | 862.0M | 757.0M | 501.0M | 168.0M | 114.0M |
| Cost Of Revenue | 445.0M | 372.0M | 293.0M | 89.2M | 54.3M |
| Gross Profit | 417.0M | 385.0M | 208.0M | 78.8M | 59.7M |
| Gross Margin % | 48.4% | 50.9% | 41.5% | 46.9% | 52.3% |
| Total Operating Cost | 859.0M | 829.0M | 660.0M | 229.0M | 494.0M |
| Selling Expenses | 186.0M | 154.0M | 130.0M | 20.4M | 10.2M |
| Admin Expenses | 167.0M | 142.0M | 133.0M | 52.2M | 36.6M |
| Rd Expenses | 10.1M | 15.9M | 14.6M | 9.9M | 8.0M |
| Finance Expenses | 45.7M | 46.3M | 64.2M | 37.9M | 40.6M |
| Operating Income | 3.7M | -43.4M | -74.0M | -68.9M | -301.0M |
| Operating Margin % | 0.4% | -5.7% | -14.8% | -41.0% | -264.0% |
| Non Operating Income | 2.4M | 4.7M | 219,400 | 631,800 | 36,000 |
| Non Operating Expenses | 15.4M | 15.4M | 216.0M | 1.6M | 1.1M |
| Investment Income | -3.7M | 18.2M | 10.6M | -17.4M | 68.3M |
| Fair Value Change Income | -- | 714,200 | 66.4M | -- | -- |
| Asset Disposal Income | -576,300 | 4.2M | 876,500 | 34,700 | -- |
| Asset Impairment Loss | -- | 92.4M | 20.8M | 16.6M | 166.0M |
| Other Income | 5.2M | 6.0M | 7.6M | 9.7M | 10.4M |
| Income Before Tax | -9.3M | -54.1M | -290.0M | -69.9M | -302.0M |
| Income Tax | 6.0M | 4.1M | -9.7M | 4.0M | -4.5M |
| Net Income | -15.2M | -58.3M | -280.0M | -73.8M | -297.0M |
| Net Margin % | -1.8% | -7.7% | -55.9% | -43.9% | -260.5% |
| Net Income Attributable | -37.7M | -94.4M | -257.0M | -76.0M | -297.0M |
| Minority Interest | 22.5M | 36.1M | -23.4M | 2.2M | -- |
| Eps Basic | -0.04 | -0.11 | -0.31 | -0.09 | -0.35 |
| Eps Diluted | -0.04 | -0.11 | -0.31 | -0.09 | -0.35 |
| 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 | 148.0M | 146.0M | 120.0M | 192.0M | 194.0M |
| Trading Financial Assets | -- | 714,200 | 3.4M | -- | -- |
| Accounts Receivable | 39.2M | 31.8M | 26.4M | 47.2M | 51.2M |
| Notes Receivable | 9.0M | 5.5M | 25.6M | 20.7M | 11.1M |
| Notes And Accounts Receivable | 48.2M | 37.3M | 52.1M | 67.9M | 62.3M |
| Prepayments | 7.0M | 13.0M | 10.6M | 7.8M | 1.0M |
| Inventory | 50.8M | 62.1M | 53.7M | 50.8M | 33.0M |
| Total Current Assets | 296.0M | 303.0M | 308.0M | 419.0M | 322.0M |
| Long Term Equity Investment | 476.0M | 476.0M | 572.0M | 563.0M | 572.0M |
| Fixed Assets | -- | 171.0M | 173.0M | 180.0M | 127.0M |
| Fixed Assets Total | 160.0M | 171.0M | 173.0M | 180.0M | 127.0M |
| Construction In Progress | -- | 79,500 | 7.6M | -- | -- |
| Construction In Progress Total | -- | 79,500 | 7.6M | -- | -- |
| Intangible Assets | 48.3M | 47.8M | 48.1M | 53.0M | 38.3M |
| Long Term Deferred Expenses | 60.1M | 65.9M | 36.2M | 34.6M | 1.4M |
| Total Non Current Assets | 1.2B | 1.2B | 1.3B | 1.4B | 1.0B |
| Total Assets | 1.5B | 1.5B | 1.6B | 1.8B | 1.3B |
| Short Term Borrowings | 192.0M | 121.0M | 125.0M | 131.0M | 320.0M |
| Accounts Payable | 60.3M | 60.1M | 47.9M | 32.3M | 16.6M |
| Advance Receipts | -- | -- | 19.2M | -- | -- |
| Contract Liabilities | 125.0M | 154.0M | 173.0M | 157.0M | 16.6M |
| Total Current Liabilities | 887.0M | 892.0M | 856.0M | 589.0M | 380.0M |
| Long Term Borrowings | -- | -- | 65.0M | 123.0M | 78.7M |
| Total Non Current Liabilities | 167.0M | 179.0M | 211.0M | 325.0M | 89.9M |
| Total Liabilities | 1.1B | 1.1B | 1.1B | 913.0M | 469.0M |
| Paid In Capital | 840.0M | 840.0M | 840.0M | 840.0M | 840.0M |
| Capital Reserve | 21.7M | 21.7M | 18.8M | 18.8M | 10.5M |
| Surplus Reserve | 40.8M | 40.8M | 51.4M | 51.4M | 51.4M |
| Retained Earnings | -456.0M | -418.0M | -228.0M | 28.6M | 83.2M |
| Minority Equity | 45.0M | 32.4M | -3.7M | 19.7M | -500.00 |
| Equity Attributable | 398.0M | 433.0M | 573.0M | 859.0M | 871.0M |
| Total Equity | 443.0M | 465.0M | 569.0M | 879.0M | 871.0M |
| 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 | 811.0M | 739.0M | 508.0M | 150.0M | 117.0M |
| Tax Refunds Received | 4.4M | 5.2M | 5.0M | 4.1M | 6.4M |
| Total Operating Cash Inflow | 826.0M | 752.0M | 540.0M | 166.0M | 168.0M |
| Cash Paid For Goods | 205.0M | 176.0M | 107.0M | 36.2M | 29.0M |
| Cash Paid To Employees | 342.0M | 273.0M | 234.0M | 50.5M | 35.3M |
| Taxes Paid | 13.3M | 8.1M | 14.9M | 9.3M | 14.4M |
| Total Operating Cash Outflow | 734.0M | 615.0M | 508.0M | 147.0M | 103.0M |
| Operating Cash Flow | 92.4M | 137.0M | 32.2M | 18.4M | 65.3M |
| Total Investing Cash Inflow | 726,200 | 21.7M | 86.4M | 95.0M | 123.0M |
| Total Investing Cash Outflow | 13.8M | 33.6M | 45.0M | 41.1M | 5.6M |
| Investing Cash Flow | -13.1M | -11.9M | 41.4M | 53.9M | 118.0M |
| Cash From Borrowings | 78.4M | 17.0M | 90.5M | -- | 267.0M |
| Dividends And Interest Paid | 25.5M | 25.4M | 22.6M | 34.6M | 55.4M |
| Debt Repayments | 88.3M | 44.3M | 159.0M | 36.0M | 275.0M |
| Total Financing Cash Inflow | 78.4M | 17.0M | 91.8M | 100,000 | 267.0M |
| Total Financing Cash Outflow | 168.0M | 118.0M | 236.0M | 75.2M | 330.0M |
| Financing Cash Flow | -89.6M | -101.0M | -144.0M | -75.1M | -62.8M |
| Net Change In Cash | -10.3M | 23.7M | -70.4M | -2.8M | 120.0M |
| Ending Cash Balance | 132.0M | 142.0M | 118.0M | 189.0M | 191.0M |
| Capex | 13.8M | 33.6M | 24.0M | 5.7M | 591,200 |