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 | 639.0M | 806.0M | 938.0M | 1.2B | 1.3B |
| Revenue Growth % | -20.7% | -14.1% | -20.9% | -5.6% | -- |
| Total Revenue | 639.0M | 806.0M | 938.0M | 1.2B | 1.3B |
| Cost Of Revenue | 320.0M | 388.0M | 496.0M | 513.0M | 569.0M |
| Gross Profit | 319.0M | 418.0M | 442.0M | 673.0M | 688.0M |
| Gross Margin % | 49.9% | 51.9% | 47.1% | 56.7% | 54.7% |
| Total Operating Cost | 751.0M | 903.0M | 1.2B | 1.2B | 1.3B |
| Selling Expenses | 322.0M | 417.0M | 536.0M | 578.0M | 627.0M |
| Admin Expenses | 61.1M | 70.5M | 82.7M | 74.8M | 60.3M |
| Rd Expenses | 25.9M | 33.8M | 36.5M | 34.7M | 31.9M |
| Finance Expenses | -1.2M | -6.9M | -11.4M | -10.1M | -9.6M |
| Operating Income | -110.0M | -91.1M | -253.0M | -3.5M | -55.9M |
| Operating Margin % | -17.2% | -11.3% | -27.0% | -0.3% | -4.4% |
| Non Operating Income | 2.3M | 4.5M | 5.3M | 2.5M | 4.7M |
| Non Operating Expenses | 3.6M | 5.9M | 3.0M | 3.1M | 4.5M |
| Investment Income | 90,600 | -- | 16,600 | -- | -2.3M |
| Asset Disposal Income | 256,200 | 475,600 | 349,200 | 310,700 | -- |
| Asset Impairment Loss | -5.1M | -26.0M | 56.1M | 4.8M | 32.3M |
| Other Income | 2.4M | 5.5M | 8.9M | 15.0M | 7.0M |
| Income Before Tax | -111.0M | -92.5M | -250.0M | -4.0M | -55.7M |
| Income Tax | 5.0M | 9.2M | -12.6M | -1.0M | -8.9M |
| Net Income | -116.0M | -102.0M | -238.0M | -3.0M | -46.8M |
| Net Margin % | -18.2% | -12.7% | -25.4% | -0.3% | -3.7% |
| Net Income Attributable | -115.0M | -99.6M | -237.0M | -3.0M | -46.8M |
| Minority Interest | -1.2M | -2.2M | -205,000 | -- | -- |
| Eps Basic | -0.54 | -0.47 | -1.12 | -0.02 | -0.27 |
| Eps Diluted | -0.54 | -0.47 | -1.12 | -0.02 | -0.27 |
| 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 | 522.0M | 816.0M | 683.0M | 836.0M | 558.0M |
| Accounts Receivable | 27.4M | 31.1M | 28.1M | 49.1M | 60.4M |
| Notes Receivable | -- | -- | -- | -- | 142,500 |
| Notes And Accounts Receivable | 27.4M | 31.1M | 28.1M | 49.1M | 60.6M |
| Prepayments | 4.9M | 3.7M | 3.3M | 7.3M | 4.7M |
| Inventory | 164.0M | 197.0M | 229.0M | 357.0M | 302.0M |
| Total Current Assets | 805.0M | 1.1B | 1.0B | 1.3B | 971.0M |
| Long Term Equity Investment | 1.1M | 1.1M | 1.1M | 1.1M | 1.1M |
| Fixed Assets | -- | 111.0M | 115.0M | 123.0M | 131.0M |
| Fixed Assets Total | 102.0M | 111.0M | 115.0M | 123.0M | 131.0M |
| Construction In Progress | -- | 1.8M | 5.8M | 480,700 | -- |
| Construction In Progress Total | -- | 1.8M | 5.8M | 480,700 | -- |
| Intangible Assets | 21.8M | 20.6M | 14.4M | 13.6M | 14.2M |
| Long Term Deferred Expenses | 9.5M | 15.0M | 22.6M | 18.1M | 12.8M |
| Total Non Current Assets | 215.0M | 252.0M | 289.0M | 295.0M | 190.0M |
| Total Assets | 1.0B | 1.4B | 1.3B | 1.6B | 1.2B |
| Short Term Borrowings | 59.9M | 100.0M | 130.0M | 60.0M | 80.0M |
| Accounts Payable | 70.0M | 95.2M | 94.2M | 170.0M | 90.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 8.2M | 7.9M | 11.9M | 22.3M | 22.1M |
| Total Current Liabilities | 270.0M | 294.0M | 346.0M | 386.0M | 314.0M |
| Long Term Borrowings | -- | 220.0M | -- | -- | -- |
| Total Non Current Liabilities | 40.7M | 272.0M | 63.2M | 78.3M | 3.6M |
| Total Liabilities | 310.0M | 566.0M | 409.0M | 465.0M | 318.0M |
| Paid In Capital | 213.0M | 213.0M | 212.0M | 212.0M | 170.0M |
| Capital Reserve | 644.0M | 644.0M | 633.0M | 636.0M | 370.0M |
| Surplus Reserve | 41.2M | 41.2M | 41.2M | 41.2M | 41.2M |
| Retained Earnings | -187.0M | -72.2M | 27.4M | 265.0M | 268.0M |
| Minority Equity | 3.8M | 2.5M | 295,000 | -- | -- |
| Equity Attributable | 706.0M | 821.0M | 909.0M | 1.2B | 843.0M |
| Total Equity | 710.0M | 823.0M | 909.0M | 1.2B | 843.0M |
| 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 | 647.0M | 827.0M | 976.0M | 1.2B | 1.3B |
| Total Operating Cash Inflow | 746.0M | 863.0M | 1.0B | 1.3B | 1.3B |
| Cash Paid For Goods | 345.0M | 391.0M | 567.0M | 576.0M | 581.0M |
| Cash Paid To Employees | 176.0M | 219.0M | 275.0M | 268.0M | 241.0M |
| Taxes Paid | 36.0M | 27.3M | 46.3M | 84.5M | 20.4M |
| Total Operating Cash Outflow | 760.0M | 856.0M | 1.2B | 1.2B | 1.2B |
| Operating Cash Flow | -14.7M | 7.3M | -155.0M | 41.0M | 122.0M |
| Total Investing Cash Inflow | 144,200 | -- | 105,300 | 2.2M | 17.2M |
| Total Investing Cash Outflow | 10.2M | 25.0M | 36.3M | 15.5M | 24.7M |
| Investing Cash Flow | -10.1M | -25.0M | -36.2M | -13.3M | -7.4M |
| Cash From Borrowings | 59.7M | 415.0M | 300.0M | 120.0M | 125.0M |
| Dividends And Interest Paid | 6.0M | 4.7M | 2.7M | 2.1M | 1.2M |
| Debt Repayments | 320.0M | 225.0M | 230.0M | 140.0M | 45.0M |
| Total Financing Cash Inflow | 62.1M | 429.0M | 300.0M | 434.0M | 125.0M |
| Total Financing Cash Outflow | 343.0M | 256.0M | 278.0M | 180.0M | 52.7M |
| Financing Cash Flow | -281.0M | 173.0M | 22.1M | 253.0M | 72.3M |
| Net Change In Cash | -306.0M | 155.0M | -169.0M | 281.0M | 187.0M |
| Ending Cash Balance | 505.0M | 811.0M | 655.0M | 824.0M | 543.0M |
| Capex | 10.2M | 25.0M | 36.3M | 15.5M | 17.7M |