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 | 1.2B | 2.0B | 2.1B | 2.5B | 2.5B |
| Revenue Growth % | -41.1% | -2.3% | -16.6% | -2.4% | -- |
| Total Revenue | 1.2B | 2.0B | 2.1B | 2.5B | 2.5B |
| Cost Of Revenue | 977.0M | 1.6B | 1.8B | 2.1B | 2.0B |
| Gross Profit | 219.0M | 386.0M | 317.0M | 405.0M | 589.0M |
| Gross Margin % | 18.3% | 19.0% | 15.3% | 16.3% | 23.1% |
| Total Operating Cost | 1.9B | 2.3B | 2.3B | 2.8B | 2.4B |
| Selling Expenses | 44.7M | 60.1M | 47.8M | 40.5M | 59.8M |
| Admin Expenses | 197.0M | 211.0M | 195.0M | 246.0M | 225.0M |
| Rd Expenses | 20.9M | 17.4M | 14.9M | 27.5M | 31.8M |
| Finance Expenses | 203.0M | 168.0M | 169.0M | 168.0M | 151.0M |
| Operating Income | -568.0M | -276.0M | -204.0M | -307.0M | 114.0M |
| Operating Margin % | -47.5% | -13.6% | -9.8% | -12.3% | 4.5% |
| Non Operating Income | 4.5M | 2.2M | 386,600 | 531,300 | 4.9M |
| Non Operating Expenses | 65.7M | 53.7M | 37.1M | 36.3M | 6.2M |
| Investment Income | 126.0M | -- | -- | -- | -- |
| Asset Disposal Income | 21.1M | 813,800 | 21.0M | 14.8M | 2.1M |
| Asset Impairment Loss | 408.0M | 150.0M | 71.6M | 129.0M | 3.4M |
| Other Income | 5.9M | 8.1M | 7.8M | 14.8M | 9.4M |
| Income Before Tax | -629.0M | -328.0M | -240.0M | -343.0M | 113.0M |
| Income Tax | 20.8M | 81.4M | 51.3M | 18.3M | 28.7M |
| Net Income | -650.0M | -409.0M | -292.0M | -361.0M | 84.5M |
| Net Margin % | -54.3% | -20.1% | -14.1% | -14.5% | 3.3% |
| Net Income Attributable | -650.0M | -452.0M | -318.0M | -333.0M | 73.4M |
| Minority Interest | 377,600 | 42.7M | 26.3M | -27.4M | 11.0M |
| Eps Basic | -1.50 | -1.05 | -0.74 | -0.77 | 0.17 |
| Eps Diluted | -1.50 | -1.05 | -0.74 | -0.77 | 0.17 |
| 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 | 88.9M | 91.5M | 118.0M | 180.0M | 346.0M |
| Accounts Receivable | 549.0M | 909.0M | 1.1B | 1.2B | 1.4B |
| Notes Receivable | 42.8M | 64.0M | 55.5M | 201.0M | 263.0M |
| Notes And Accounts Receivable | 592.0M | 973.0M | 1.1B | 1.4B | 1.7B |
| Prepayments | 183.0M | 201.0M | 83.4M | 39.1M | 35.9M |
| Inventory | 229.0M | 258.0M | 268.0M | 279.0M | 378.0M |
| Total Current Assets | 1.1B | 1.7B | 1.8B | 2.0B | 2.5B |
| Fixed Assets | -- | 961.0M | 976.0M | 1.0B | 1.3B |
| Fixed Assets Total | 873.0M | 961.0M | 976.0M | 1.0B | 1.3B |
| Construction In Progress | -- | 202.0M | 301.0M | 277.0M | 113.0M |
| Construction In Progress Total | 12.7M | 206.0M | 302.0M | 278.0M | 116.0M |
| Intangible Assets | 245.0M | 420.0M | 450.0M | 449.0M | 359.0M |
| Long Term Deferred Expenses | 14.4M | 9.7M | 13.3M | 17.2M | 21.4M |
| Total Non Current Assets | 1.5B | 2.1B | 2.3B | 2.4B | 2.4B |
| Total Assets | 2.6B | 3.8B | 4.0B | 4.4B | 4.9B |
| Short Term Borrowings | 608.0M | 610.0M | 618.0M | 571.0M | 651.0M |
| Accounts Payable | 545.0M | 853.0M | 794.0M | 830.0M | 770.0M |
| Advance Receipts | 3,100 | -- | -- | -- | -- |
| Contract Liabilities | 57.2M | 44.0M | 98.9M | 53.5M | 36.0M |
| Total Current Liabilities | 2.8B | 3.2B | 2.9B | 2.7B | 2.8B |
| Long Term Borrowings | -- | -- | -- | 268.0M | 268.0M |
| Total Non Current Liabilities | 89.7M | 106.0M | 124.0M | 393.0M | 313.0M |
| Total Liabilities | 2.9B | 3.3B | 3.0B | 3.1B | 3.1B |
| Paid In Capital | 432.0M | 432.0M | 432.0M | 432.0M | 432.0M |
| Capital Reserve | 254.0M | 254.0M | 254.0M | 255.0M | 255.0M |
| Surplus Reserve | 75.6M | 75.6M | 75.6M | 75.6M | 75.6M |
| Retained Earnings | -851.0M | -201.0M | 251.0M | 569.0M | 902.0M |
| Minority Equity | 183.0M | 212.0M | 189.0M | 192.0M | 240.0M |
| Equity Attributable | -412.0M | 345.0M | 802.0M | 1.1B | 1.5B |
| Total Equity | -229.0M | 558.0M | 992.0M | 1.3B | 1.8B |
| 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 | 946.0M | 1.3B | 1.3B | 1.4B | 1.7B |
| Tax Refunds Received | 3.2M | 3.0M | 4.1M | 3.1M | 2.8M |
| Total Operating Cash Inflow | 968.0M | 1.3B | 1.4B | 1.6B | 2.1B |
| Cash Paid For Goods | 548.0M | 827.0M | 761.0M | 653.0M | 829.0M |
| Cash Paid To Employees | 244.0M | 227.0M | 265.0M | 285.0M | 251.0M |
| Taxes Paid | 98.7M | 183.0M | 104.0M | 111.0M | 146.0M |
| Total Operating Cash Outflow | 1.0B | 1.4B | 1.3B | 1.5B | 2.0B |
| Operating Cash Flow | -47.0M | -51.6M | 49.1M | 140.0M | 141.0M |
| Total Investing Cash Inflow | 18.2M | 3.1M | 83.3M | 319.0M | 124.0M |
| Total Investing Cash Outflow | 60.0M | 53.2M | 52.3M | 330.0M | 282.0M |
| Investing Cash Flow | -41.8M | -50.1M | 31.0M | -11.3M | -159.0M |
| Cash From Borrowings | 130.0M | 101.0M | 237.0M | 558.0M | 1.1B |
| Dividends And Interest Paid | 30.8M | 42.5M | 92.4M | 159.0M | 128.0M |
| Debt Repayments | 140.0M | 110.0M | 199.0M | 452.0M | 1.1B |
| Total Financing Cash Inflow | 279.0M | 234.0M | 381.0M | 890.0M | 1.8B |
| Total Financing Cash Outflow | 174.0M | 163.0M | 410.0M | 1.0B | 1.7B |
| Financing Cash Flow | 105.0M | 70.7M | -28.7M | -150.0M | 33.8M |
| Net Change In Cash | -13.3M | -32.4M | 51.9M | -26.8M | 7.0M |
| Ending Cash Balance | 55.5M | 68.8M | 101.0M | 49.3M | 76.1M |
| Capex | 58.4M | 46.5M | 44.2M | 98.8M | 94.6M |