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 | 704.0M | 878.0M | 1.7B | 588.0M | 1.2B |
| Revenue Growth % | -19.8% | -47.3% | 183.5% | -52.9% | -- |
| Total Revenue | 704.0M | 878.0M | 1.7B | 588.0M | 1.2B |
| Cost Of Revenue | 791.0M | 922.0M | 1.6B | 680.0M | 1.1B |
| Gross Profit | -87.0M | -44.0M | 106.0M | -92.0M | 118.0M |
| Gross Margin % | -12.4% | -5.0% | 6.4% | -15.6% | 9.4% |
| Total Operating Cost | 985.0M | 1.1B | 1.8B | 808.0M | 1.2B |
| Selling Expenses | 9.1M | 12.5M | 15.6M | 17.0M | 13.9M |
| Admin Expenses | 59.3M | 76.0M | 61.6M | 44.5M | 41.8M |
| Finance Expenses | 33.0M | 30.4M | 22.0M | 11.4M | 11.5M |
| Operating Income | -288.0M | -203.0M | -175.0M | -222.0M | 24.0M |
| Operating Margin % | -40.9% | -23.1% | -10.5% | -37.8% | 1.9% |
| Non Operating Income | 9.2M | 0.00 | -- | 8.9M | -- |
| Non Operating Expenses | 1.7M | -1.4M | 2.8M | 731,400 | 1.3M |
| Investment Income | -5.6M | 25.1M | 3.2M | -3.0M | 16.8M |
| Asset Disposal Income | -1.1M | -18,600 | 228,400 | 466,900 | 39,100 |
| Asset Impairment Loss | 64.9M | 30.4M | 20.9M | 11.1M | 3.9M |
| Other Income | 566,300 | 109,700 | 660,200 | 1.2M | 1.2M |
| Income Before Tax | -280.0M | -202.0M | -178.0M | -213.0M | 22.6M |
| Income Tax | 1.6M | -13.9M | -39.3M | -52.3M | 7.2M |
| Net Income | -282.0M | -188.0M | -139.0M | -161.0M | 15.4M |
| Net Margin % | -40.1% | -21.4% | -8.3% | -27.4% | 1.2% |
| Net Income Attributable | -257.0M | -174.0M | -143.0M | -161.0M | 15.4M |
| Minority Interest | -24.8M | -14.6M | 3.8M | -- | -- |
| Eps Basic | -1.90 | -1.28 | -1.03 | -1.19 | 0.12 |
| Eps Diluted | -1.90 | -1.28 | -1.03 | -1.19 | 0.12 |
| 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 | 90.1M | 85.9M | 30.7M | 72.1M | 145.0M |
| Accounts Receivable | 769.0M | 951.0M | 1.1B | 774.0M | 1.0B |
| Notes Receivable | -- | -- | 2.1M | 29.0M | 16.5M |
| Notes And Accounts Receivable | 769.0M | 951.0M | 1.1B | 803.0M | 1.0B |
| Prepayments | 10.7M | 11.0M | 5.9M | 3.5M | 10.7M |
| Inventory | 24.6M | 25.4M | 20.1M | 21.8M | 38.3M |
| Total Current Assets | 1.4B | 1.6B | 1.8B | 1.4B | 1.6B |
| Long Term Equity Investment | 49.6M | 55.5M | 56.6M | 56.5M | 59.5M |
| Fixed Assets | -- | 39.3M | 43.8M | 46.2M | 48.7M |
| Fixed Assets Total | 26.6M | 39.3M | 43.8M | 46.2M | 48.7M |
| Construction In Progress | -- | -- | 2.3M | 1.1M | 2.8M |
| Construction In Progress Total | -- | -- | 2.3M | 1.1M | 2.8M |
| Intangible Assets | 32.8M | 37.7M | 37.0M | 1.5M | 3.0M |
| Long Term Deferred Expenses | 6.0M | 8.2M | 1.0M | 3.0M | 813,600 |
| Total Non Current Assets | 511.0M | 589.0M | 488.0M | 243.0M | 186.0M |
| Total Assets | 1.9B | 2.2B | 2.2B | 1.6B | 1.8B |
| Short Term Borrowings | 37.0M | 184.0M | 77.1M | 57.1M | 264.0M |
| Accounts Payable | 915.0M | 947.0M | 962.0M | 471.0M | 481.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 14.6M | 19.4M | 55.0M | 45.8M | 2.8M |
| Total Current Liabilities | 1.8B | 1.7B | 1.6B | 900.0M | 948.0M |
| Long Term Borrowings | 277,200 | 45.2M | 78.2M | 28.5M | -- |
| Total Non Current Liabilities | 24.1M | 75.2M | 121.0M | 36.0M | 2.3M |
| Total Liabilities | 1.8B | 1.8B | 1.7B | 936.0M | 950.0M |
| Paid In Capital | 135.0M | 135.0M | 135.0M | 135.0M | 135.0M |
| Capital Reserve | 448.0M | 448.0M | 448.0M | 448.0M | 448.0M |
| Surplus Reserve | 29.4M | 29.4M | 29.4M | 29.4M | 29.4M |
| Retained Earnings | -521.0M | -264.0M | -90.4M | 52.2M | 213.0M |
| Minority Equity | 4.2M | 20.1M | 28.8M | -- | -- |
| Equity Attributable | 106.0M | 355.0M | 535.0M | 665.0M | 829.0M |
| Total Equity | 110.0M | 376.0M | 564.0M | 665.0M | 829.0M |
| 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 | 872.0M | 1.0B | 1.2B | 707.0M | 1.1B |
| Tax Refunds Received | 1.3M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 925.0M | 1.1B | 1.2B | 747.0M | 1.1B |
| Cash Paid For Goods | 801.0M | 963.0M | 1.1B | 683.0M | 957.0M |
| Cash Paid To Employees | 66.0M | 87.3M | 80.3M | 78.1M | 85.7M |
| Taxes Paid | 17.3M | 18.4M | 21.0M | 20.7M | 22.4M |
| Total Operating Cash Outflow | 974.0M | 1.1B | 1.3B | 803.0M | 1.2B |
| Operating Cash Flow | -48.5M | -74.3M | -28.0M | -55.9M | -65.7M |
| Total Investing Cash Inflow | 855,200 | 3.5M | 4,580 | 15.5M | 64,000 |
| Total Investing Cash Outflow | 1.9M | 7.1M | 60.1M | 3.9M | 17.7M |
| Investing Cash Flow | -1.1M | -3.6M | -60.1M | 11.6M | -17.6M |
| Cash From Borrowings | 114.0M | 243.0M | 361.0M | 87.0M | 351.0M |
| Dividends And Interest Paid | 16.0M | 12.8M | 15.5M | 6.0M | 14.6M |
| Debt Repayments | 158.0M | 153.0M | 337.0M | 264.0M | 417.0M |
| Total Financing Cash Inflow | 204.0M | 322.0M | 435.0M | 278.0M | 528.0M |
| Total Financing Cash Outflow | 184.0M | 194.0M | 388.0M | 277.0M | 470.0M |
| Financing Cash Flow | 20.2M | 128.0M | 47.5M | 1.3M | 57.8M |
| Net Change In Cash | -29.4M | 50.1M | -40.7M | -43.1M | -25.5M |
| Ending Cash Balance | 44.1M | 73.5M | 23.3M | 64.0M | 107.0M |
| Capex | 1.9M | 7.1M | 8.3M | 3.9M | 2.4M |