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 | 1.4B | 1.3B | 1.6B | 1.5B | 1.0B |
| Revenue Growth % | 4.5% | -16.1% | 5.0% | 47.6% | -- |
| Total Revenue | 1.4B | 1.3B | 1.6B | 1.5B | 1.0B |
| Cost Of Revenue | 1.3B | 1.2B | 1.2B | 1.1B | 768.0M |
| Gross Profit | 115.0M | 183.0M | 362.0M | 378.0M | 266.0M |
| Gross Margin % | 8.2% | 13.6% | 22.6% | 24.8% | 25.7% |
| Total Operating Cost | 1.6B | 1.5B | 1.4B | 1.3B | 898.0M |
| Selling Expenses | 22.0M | 30.8M | 11.4M | 10.2M | 8.3M |
| Admin Expenses | 102.0M | 90.5M | 87.1M | 81.3M | 47.0M |
| Rd Expenses | 43.1M | 29.1M | 40.1M | 35.7M | 24.7M |
| Finance Expenses | 31.2M | 20.3M | 217,300 | 19.1M | 22.7M |
| Operating Income | -217.0M | -178.0M | 223.0M | 218.0M | 143.0M |
| Operating Margin % | -15.5% | -13.2% | 13.9% | 14.3% | 13.8% |
| Non Operating Income | 847,000 | 33,200 | 75,800 | 223,900 | 178,000 |
| Non Operating Expenses | 2.1M | 1.8M | 710,300 | 1.7M | 1.8M |
| Investment Income | -2.5M | -972,100 | 6.1M | 660,900 | 3.1M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | -23.5M | -23.8M | -2.0M | -5.5M | -4.9M |
| Asset Impairment Loss | 114.0M | 156.0M | 4.4M | 4.0M | 12.1M |
| Other Income | 13.3M | 8.7M | 6.1M | 5.2M | 8.6M |
| Income Before Tax | -218.0M | -180.0M | 223.0M | 216.0M | 142.0M |
| Income Tax | -31.1M | -7.4M | 35.2M | 42.5M | 23.4M |
| Net Income | -187.0M | -172.0M | 188.0M | 174.0M | 118.0M |
| Net Margin % | -13.3% | -12.8% | 11.7% | 11.4% | 11.4% |
| Net Income Attributable | -186.0M | -188.0M | 185.0M | 174.0M | 118.0M |
| Minority Interest | -1.1M | 16.0M | 2.6M | -- | -- |
| Eps Basic | -0.57 | -0.57 | 0.56 | 0.58 | 0.57 |
| Eps Diluted | -0.57 | -0.57 | 0.56 | 0.58 | 0.57 |
| 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 | 251.0M | 247.0M | 531.0M | 399.0M | 188.0M |
| Trading Financial Assets | 60.0M | -- | -- | 240.0M | -- |
| Accounts Receivable | 238.0M | 326.0M | 254.0M | 180.0M | 146.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 238.0M | 326.0M | 254.0M | 180.0M | 146.0M |
| Prepayments | 7.0M | 12.2M | 13.9M | 10.6M | 23.3M |
| Inventory | 354.0M | 377.0M | 334.0M | 221.0M | 141.0M |
| Total Current Assets | 978.0M | 1.0B | 1.2B | 1.1B | 609.0M |
| Long Term Equity Investment | 10.8M | 14.2M | 16.0M | 17.1M | 17.9M |
| Fixed Assets | -- | 1.4B | 811.0M | 658.0M | 522.0M |
| Fixed Assets Total | 1.4B | 1.4B | 811.0M | 658.0M | 522.0M |
| Construction In Progress | -- | 265.0M | 430.0M | 103.0M | 96.2M |
| Construction In Progress Total | 391.0M | 265.0M | 430.0M | 103.0M | 96.2M |
| Intangible Assets | 155.0M | 162.0M | 166.0M | 99.4M | 90.9M |
| Long Term Deferred Expenses | 2.5M | 3.2M | 4.6M | 3.3M | 966,000 |
| Total Non Current Assets | 2.2B | 2.2B | 1.8B | 1.1B | 994.0M |
| Total Assets | 3.2B | 3.2B | 3.0B | 2.3B | 1.6B |
| Short Term Borrowings | 645.0M | 512.0M | 425.0M | 322.0M | 288.0M |
| Accounts Payable | 263.0M | 341.0M | 180.0M | 147.0M | 95.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.8M | 8.8M | 4.0M | 16.9M | 4.6M |
| Total Current Liabilities | 1.2B | 991.0M | 772.0M | 634.0M | 448.0M |
| Long Term Borrowings | 339.0M | 425.0M | 214.0M | -- | 100.0M |
| Total Non Current Liabilities | 408.0M | 478.0M | 280.0M | 46.1M | 143.0M |
| Total Liabilities | 1.7B | 1.5B | 1.1B | 680.0M | 591.0M |
| Paid In Capital | 325.0M | 328.0M | 328.0M | 234.0M | 204.0M |
| Capital Reserve | 911.0M | 925.0M | 933.0M | 1.0B | 553.0M |
| Surplus Reserve | 61.5M | 61.5M | 61.5M | 47.4M | 38.8M |
| Retained Earnings | 677,800 | 186.0M | 440.0M | 328.0M | 215.0M |
| Minority Equity | 237.0M | 238.0M | 222.0M | -- | -- |
| Equity Attributable | 1.3B | 1.5B | 1.7B | 1.6B | 1.0B |
| Total Equity | 1.5B | 1.7B | 2.0B | 1.6B | 1.0B |
| 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 | 775.0M | 562.0M | 682.0M | 861.0M | 656.0M |
| Tax Refunds Received | 21.3M | 60.1M | 15.5M | 9.3M | 6.6M |
| Total Operating Cash Inflow | 825.0M | 641.0M | 729.0M | 885.0M | 679.0M |
| Cash Paid For Goods | 621.0M | 581.0M | 430.0M | 502.0M | 331.0M |
| Cash Paid To Employees | 161.0M | 150.0M | 114.0M | 97.3M | 63.7M |
| Taxes Paid | 42.4M | 44.7M | 55.7M | 78.6M | 53.4M |
| Total Operating Cash Outflow | 900.0M | 840.0M | 660.0M | 733.0M | 487.0M |
| Operating Cash Flow | -74.8M | -199.0M | 68.9M | 152.0M | 193.0M |
| Total Investing Cash Inflow | 203.0M | 2.5M | 247.0M | 146.0M | 404.0M |
| Total Investing Cash Outflow | 368.0M | 291.0M | 336.0M | 479.0M | 723.0M |
| Investing Cash Flow | -165.0M | -289.0M | -88.4M | -333.0M | -319.0M |
| Cash From Borrowings | 1.1B | 983.0M | 670.0M | 351.0M | 298.0M |
| Dividends And Interest Paid | 38.1M | 95.8M | 77.3M | 69.0M | 18.9M |
| Debt Repayments | 800.0M | 685.0M | 415.0M | 354.0M | 385.0M |
| Total Financing Cash Inflow | 1.1B | 983.0M | 715.0M | 816.0M | 298.0M |
| Total Financing Cash Outflow | 854.0M | 781.0M | 564.0M | 423.0M | 443.0M |
| Financing Cash Flow | 203.0M | 202.0M | 151.0M | 393.0M | -145.0M |
| Net Change In Cash | -36.5M | -285.0M | 140.0M | 212.0M | -278.0M |
| Ending Cash Balance | 179.0M | 215.0M | 500.0M | 360.0M | 148.0M |
| Capex | 108.0M | 231.0M | 215.0M | 88.7M | 205.0M |