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 | 8.3B | 5.1B | 3.4B | 2.0B | 1.2B |
| Revenue Growth % | 61.8% | 51.4% | 70.6% | 65.1% | -- |
| Total Revenue | 8.3B | 5.1B | 3.4B | 2.0B | 1.2B |
| Cost Of Revenue | 7.8B | 5.1B | 3.4B | 1.9B | 1.7B |
| Gross Profit | 544.0M | 88.0M | 7.0M | 135.0M | -453.0M |
| Gross Margin % | 6.5% | 1.7% | 0.2% | 6.8% | -37.6% |
| Total Operating Cost | 8.2B | 5.3B | 3.6B | 2.1B | 6.2B |
| Selling Expenses | 7.1M | 5.1M | 3.7M | 3.7M | 3.6M |
| Admin Expenses | 198.0M | 100.0M | 106.0M | 138.0M | 278.0M |
| Rd Expenses | 41.4M | 4.6M | 4.6M | 2.9M | 8.2M |
| Finance Expenses | 83.1M | 96.9M | 79.2M | 57.5M | 826.0M |
| Operating Income | 161.0M | -147.0M | -157.0M | 4.7M | 1.4B |
| Operating Margin % | 1.9% | -2.9% | -4.6% | 0.2% | 117.7% |
| Non Operating Income | 51.1M | 742,600 | 2.8M | 27.5M | 16.1M |
| Non Operating Expenses | 5.1M | 14.6M | 12.8M | 14.8M | 1.2B |
| Investment Income | 2.6M | 2.3M | 38.0M | 92.3M | 6.5B |
| Fair Value Change Income | -1,300 | 289,300 | 58,900 | -- | -- |
| Asset Disposal Income | 547,500 | 16,900 | 2.1M | 1.8M | -- |
| Asset Impairment Loss | 9.7M | 4.0M | -22.0M | 15.8M | 41.9M |
| Other Income | 8.8M | 13.0M | 7.6M | 10.2M | -92.1M |
| Income Before Tax | 207.0M | -161.0M | -167.0M | 17.4M | 204.0M |
| Income Tax | 36.9M | 161,900 | 51,000 | 2.5M | -18.6M |
| Net Income | 170.0M | -161.0M | -167.0M | 14.9M | 222.0M |
| Net Margin % | 2.0% | -3.1% | -4.9% | 0.8% | 18.4% |
| Net Income Attributable | 170.0M | -161.0M | -167.0M | 14.9M | 222.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.06 | -0.07 | -0.08 | 0.01 | 0.10 |
| Eps Diluted | 0.06 | -0.07 | -0.08 | 0.01 | 0.10 |
| 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 | 572.0M | 90.7M | 427.0M | 262.0M | 556.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 7.8M | 1.8M | 1.7M | 1.5M | 5.8M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 7.8M | 1.8M | 1.7M | 1.5M | 5.8M |
| Prepayments | 22.7M | 46.5M | 4.2M | 27.8M | 3.1M |
| Inventory | 1.1B | 1.7B | 1.2B | 1.2B | 197.0M |
| Total Current Assets | 1.7B | 1.9B | 1.8B | 1.7B | 1.1B |
| Long Term Equity Investment | 6.1M | -- | -- | -- | -- |
| Fixed Assets | -- | 950.0M | 1.1B | 1.2B | 1.3B |
| Fixed Assets Total | 1.4B | 950.0M | 1.1B | 1.2B | 1.3B |
| Construction In Progress | -- | 3.3M | 49.7M | 54.0M | 57.4M |
| Construction In Progress Total | 33.8M | 3.3M | 49.7M | 54.0M | 57.4M |
| Intangible Assets | 2.1B | 1.1B | 1.2B | 1.2B | 1.2B |
| Long Term Deferred Expenses | 44.2M | 48.0M | 44.0M | 32.4M | 34.9M |
| Total Non Current Assets | 3.8B | 2.3B | 2.4B | 2.5B | 2.6B |
| Total Assets | 5.5B | 4.2B | 4.1B | 4.2B | 3.6B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 759.0M | 1.1B | 782.0M | 389.0M | 99.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 70.3M | 78.9M | 40.3M | 18.9M | 1.3M |
| Total Current Liabilities | 1.6B | 2.0B | 1.3B | 1.1B | 616.0M |
| Long Term Borrowings | -- | 345.0M | 692.0M | 692.0M | 692.0M |
| Total Non Current Liabilities | 640.0M | 540.0M | 970.0M | 1.1B | 1.1B |
| Total Liabilities | 2.2B | 2.5B | 2.3B | 2.1B | 1.7B |
| Paid In Capital | 2.8B | 2.2B | 2.2B | 2.2B | 2.2B |
| Capital Reserve | 3.4B | 2.5B | 2.5B | 2.5B | 2.5B |
| Surplus Reserve | 145.0M | 145.0M | 145.0M | 145.0M | 145.0M |
| Retained Earnings | -3.1B | -3.3B | -3.1B | -3.0B | -3.0B |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 3.3B | 1.6B | 1.8B | 2.0B | 2.0B |
| Total Equity | 3.3B | 1.6B | 1.8B | 2.0B | 2.0B |
| 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 | 9.2B | 5.8B | 3.8B | 2.2B | 1.3B |
| Tax Refunds Received | 3,000 | 6.1M | 11.6M | -- | -- |
| Total Operating Cash Inflow | 9.2B | 5.8B | 3.8B | 2.4B | 1.3B |
| Cash Paid For Goods | 8.0B | 5.7B | 3.1B | 2.8B | 1.3B |
| Cash Paid To Employees | 223.0M | 96.1M | 87.5M | 92.9M | 105.0M |
| Taxes Paid | 150.0M | 40.6M | 31.4M | 33.4M | 23.4M |
| Total Operating Cash Outflow | 8.5B | 5.8B | 3.3B | 3.0B | 1.5B |
| Operating Cash Flow | 698.0M | -62.4M | 521.0M | -550.0M | -182.0M |
| Total Investing Cash Inflow | 158.0M | 235,200 | 111.0M | 27.8M | 3.9M |
| Total Investing Cash Outflow | 74.8M | 27.7M | 141.0M | 34.4M | 79.9M |
| Investing Cash Flow | 83.1M | -27.4M | -29.9M | -6.6M | -76.0M |
| Cash From Borrowings | -- | -- | -- | -- | 635.0M |
| Dividends And Interest Paid | 28.2M | 30.0M | 28.8M | 37.4M | 22.1M |
| Debt Repayments | 307.0M | 900,000 | 22,800 | -- | 292.0M |
| Total Financing Cash Inflow | 402.0M | -- | 508.0M | 1.3B | 1.4B |
| Total Financing Cash Outflow | 719.0M | 245.0M | 834.0M | 460.0M | 1.1B |
| Financing Cash Flow | -318.0M | -245.0M | -326.0M | 802.0M | 263.0M |
| Net Change In Cash | 464.0M | -335.0M | 166.0M | 244.0M | 5.1M |
| Ending Cash Balance | 551.0M | 87.3M | 422.0M | 256.0M | 12.7M |
| Capex | 74.8M | 27.7M | 30.6M | 34.4M | 69.3M |