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 | 1.5B | 1.3B | 940.0M | 1.1B | 1.4B |
| Revenue Growth % | 15.3% | 40.5% | -15.7% | -19.1% | -- |
| Total Revenue | 1.5B | 1.3B | 940.0M | 1.1B | 1.4B |
| Cost Of Revenue | 1.4B | 1.2B | 909.0M | 1.2B | 1.2B |
| Gross Profit | 156.0M | 116.0M | 31.0M | -58.0M | 184.0M |
| Gross Margin % | 10.2% | 8.8% | 3.3% | -5.2% | 13.4% |
| Total Operating Cost | 1.6B | 1.5B | 1.2B | 1.5B | 1.4B |
| Selling Expenses | 37.3M | 30.1M | 24.8M | 35.9M | 36.8M |
| Admin Expenses | 59.3M | 66.4M | 65.4M | 46.9M | 45.2M |
| Rd Expenses | 102.0M | 84.0M | 68.4M | 98.8M | 83.6M |
| Finance Expenses | 29.3M | 22.2M | 16.9M | 16.2M | 3.6M |
| Operating Income | -88.7M | -128.0M | -211.0M | -339.0M | 20.6M |
| Operating Margin % | -5.8% | -9.7% | -22.4% | -30.4% | 1.5% |
| Non Operating Income | 7.1M | 2.7M | 1.2M | 833,500 | 5.4M |
| Non Operating Expenses | 3.0M | 3.6M | 3.7M | 1.6M | 1,200 |
| Investment Income | -948,300 | -7.7M | -544,600 | -- | -- |
| Asset Disposal Income | -501,200 | 52,700 | -- | -- | -- |
| Asset Impairment Loss | 20.6M | 23.7M | 71.4M | 88.5M | -671,500 |
| Other Income | 12.5M | 11.5M | 13.9M | 10.3M | 12.6M |
| Income Before Tax | -84.6M | -129.0M | -213.0M | -339.0M | 26.0M |
| Income Tax | -1.1M | -3.6M | 10.5M | 15.6M | -5.2M |
| Net Income | -83.5M | -126.0M | -224.0M | -355.0M | 31.2M |
| Net Margin % | -5.5% | -9.5% | -23.8% | -31.8% | 2.3% |
| Net Income Attributable | -76.4M | -124.0M | -223.0M | -354.0M | 30.9M |
| Minority Interest | -7.1M | -1.9M | -517,600 | -633,100 | 288,700 |
| Eps Basic | -0.43 | -0.69 | -1.25 | -1.98 | 0.20 |
| Eps Diluted | -0.43 | -0.69 | -1.25 | -1.98 | 0.20 |
| 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 | 236.0M | 295.0M | 290.0M | 530.0M | 760.0M |
| Accounts Receivable | 502.0M | 567.0M | 417.0M | 387.0M | 433.0M |
| Notes Receivable | 95.4M | 125.0M | 53.0M | 207.0M | 305.0M |
| Notes And Accounts Receivable | 597.0M | 693.0M | 470.0M | 593.0M | 738.0M |
| Prepayments | 2.1M | 7.0M | 15.4M | 5.6M | 33,600 |
| Inventory | 77.1M | 120.0M | 73.5M | 79.5M | 138.0M |
| Total Current Assets | 1.0B | 1.3B | 912.0M | 1.3B | 1.7B |
| Fixed Assets | -- | 704.0M | 787.0M | 679.0M | 622.0M |
| Fixed Assets Total | 901.0M | 704.0M | 787.0M | 679.0M | 622.0M |
| Construction In Progress | -- | 262.0M | 104.0M | 207.0M | 196.0M |
| Construction In Progress Total | 113.0M | 262.0M | 104.0M | 207.0M | 196.0M |
| Intangible Assets | 92.3M | 129.0M | 133.0M | 135.0M | 36.0M |
| Long Term Deferred Expenses | 2.6M | 6.8M | 9.0M | 8.8M | -- |
| Total Non Current Assets | 1.2B | 1.2B | 1.2B | 1.1B | 888.0M |
| Total Assets | 2.2B | 2.5B | 2.1B | 2.4B | 2.6B |
| Short Term Borrowings | 302.0M | 272.0M | 108.0M | 339.0M | 230.0M |
| Accounts Payable | 449.0M | 576.0M | 387.0M | 331.0M | 330.0M |
| Advance Receipts | 322,000 | 197,000 | -- | -- | -- |
| Contract Liabilities | 6.1M | 19.7M | 5.2M | 327,100 | 310,900 |
| Total Current Liabilities | 1.2B | 1.4B | 992.0M | 1.1B | 1.0B |
| Long Term Borrowings | 188.0M | 201.0M | 69.8M | 150.0M | 55.0M |
| Total Non Current Liabilities | 214.0M | 282.0M | 141.0M | 170.0M | 64.6M |
| Total Liabilities | 1.5B | 1.7B | 1.1B | 1.2B | 1.1B |
| Paid In Capital | 182.0M | 184.0M | 185.0M | 179.0M | 138.0M |
| Capital Reserve | 876.0M | 887.0M | 884.0M | 823.0M | 864.0M |
| Surplus Reserve | 63.7M | 63.7M | 63.7M | 63.7M | 63.6M |
| Retained Earnings | -377.0M | -301.0M | -177.0M | 46.6M | 452.0M |
| Minority Equity | 16.6M | 23.8M | 20.0M | -3.9M | -5.3M |
| Equity Attributable | 727.0M | 802.0M | 918.0M | 1.1B | 1.5B |
| Total Equity | 744.0M | 826.0M | 938.0M | 1.1B | 1.5B |
| 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 | 2.1B | 1.5B | 1.3B | 1.4B | 1.4B |
| Tax Refunds Received | 15.8M | 11.0M | 19.6M | 59.2M | 8.3M |
| Total Operating Cash Inflow | 2.1B | 1.5B | 1.3B | 1.5B | 1.4B |
| Cash Paid For Goods | 1.7B | 1.3B | 1.0B | 1.1B | 1.2B |
| Cash Paid To Employees | 228.0M | 191.0M | 173.0M | 207.0M | 190.0M |
| Taxes Paid | 65.4M | 50.1M | 34.1M | 27.0M | 52.8M |
| Total Operating Cash Outflow | 2.0B | 1.6B | 1.2B | 1.4B | 1.5B |
| Operating Cash Flow | 102.0M | -82.4M | 66.3M | 47.3M | -85.2M |
| Total Investing Cash Inflow | 45.7M | 395,500 | -- | -- | -- |
| Total Investing Cash Outflow | 122.0M | 117.0M | 214.0M | 369.0M | 289.0M |
| Investing Cash Flow | -75.9M | -117.0M | -214.0M | -369.0M | -289.0M |
| Cash From Borrowings | 568.0M | 490.0M | 199.0M | 479.0M | 366.0M |
| Dividends And Interest Paid | 28.5M | 23.0M | 14.9M | 74.7M | 16.1M |
| Debt Repayments | 529.0M | 275.0M | 415.0M | 309.0M | 306.0M |
| Total Financing Cash Inflow | 568.0M | 576.0M | 430.0M | 480.0M | 1.3B |
| Total Financing Cash Outflow | 659.0M | 380.0M | 439.0M | 520.0M | 338.0M |
| Financing Cash Flow | -90.9M | 196.0M | -9.1M | -40.0M | 947.0M |
| Net Change In Cash | -65.2M | -3.1M | -157.0M | -362.0M | 573.0M |
| Ending Cash Balance | 66.2M | 131.0M | 135.0M | 291.0M | 653.0M |
| Capex | 122.0M | 93.8M | 210.0M | 353.0M | 289.0M |