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 | 212.0M | 353.0M | 425.0M | 696.0M | 870.0M |
| Revenue Growth % | -39.9% | -16.9% | -38.9% | -20.0% | -- |
| Total Revenue | 212.0M | 353.0M | 425.0M | 696.0M | 870.0M |
| Cost Of Revenue | 160.0M | 199.0M | 287.0M | 435.0M | 531.0M |
| Gross Profit | 52.0M | 154.0M | 138.0M | 261.0M | 339.0M |
| Gross Margin % | 24.5% | 43.6% | 32.5% | 37.5% | 39.0% |
| Total Operating Cost | 491.0M | 788.0M | 1.1B | 677.0M | 816.0M |
| Selling Expenses | 27.3M | 27.8M | 21.7M | 24.9M | 64.3M |
| Admin Expenses | 75.7M | 67.7M | 107.0M | 96.5M | 116.0M |
| Rd Expenses | 72.5M | 121.0M | 71.4M | 57.0M | 58.5M |
| Finance Expenses | 5.9M | 3.2M | 831,200 | 2.6M | 6.9M |
| Operating Income | -268.0M | -419.0M | -634.0M | 48.4M | 153.0M |
| Operating Margin % | -126.4% | -118.7% | -149.2% | 7.0% | 17.6% |
| Non Operating Income | 2.3M | 839,000 | 289,900 | 1.1M | 17.5M |
| Non Operating Expenses | 473,700 | 608,800 | 25.4M | 7.0M | 44.1M |
| Investment Income | -2.1M | -1.7M | 7.0M | 1.3M | 59.9M |
| Fair Value Change Income | 52,400 | 23,200 | 56,400 | 10,700 | 142,500 |
| Asset Disposal Income | -36,800 | -145,400 | 7,600 | -5,700 | 358,100 |
| Asset Impairment Loss | 53.6M | 257.0M | 512.0M | 13.7M | 17.5M |
| Other Income | 13.2M | 18.3M | 17.6M | 27.8M | 38.9M |
| Income Before Tax | -266.0M | -419.0M | -659.0M | 42.5M | 126.0M |
| Income Tax | 28.1M | 6.4M | -86.4M | -99,900 | 18.0M |
| Net Income | -294.0M | -425.0M | -572.0M | 42.6M | 108.0M |
| Net Margin % | -138.7% | -120.4% | -134.6% | 6.1% | 12.4% |
| Net Income Attributable | -294.0M | -425.0M | -572.0M | 42.6M | 108.0M |
| Minority Interest | 37,200 | 51,300 | -3,500 | -38,000 | 127,800 |
| Eps Basic | -0.42 | -0.61 | -0.82 | 0.06 | 0.16 |
| Eps Diluted | -0.42 | -0.61 | -0.82 | 0.06 | 0.16 |
| 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 | 135.0M | 287.0M | 282.0M | 394.0M | 396.0M |
| Trading Financial Assets | 94.1M | 18.0M | 40.1M | 65.0M | 130.0M |
| Accounts Receivable | 526.0M | 638.0M | 769.0M | 741.0M | 642.0M |
| Notes Receivable | 17.6M | 40.3M | 16.2M | 10.0M | 11.0M |
| Notes And Accounts Receivable | 543.0M | 678.0M | 786.0M | 751.0M | 653.0M |
| Prepayments | 1.8M | 9.2M | 11.0M | 15.0M | 41.9M |
| Inventory | 237.0M | 184.0M | 220.0M | 315.0M | 392.0M |
| Total Current Assets | 1.0B | 1.2B | 1.5B | 1.7B | 1.9B |
| Long Term Equity Investment | 5.9M | 13.1M | 15.5M | 19.4M | 20.7M |
| Fixed Assets | -- | 461.0M | 361.0M | 454.0M | 523.0M |
| Fixed Assets Total | 421.0M | 461.0M | 361.0M | 454.0M | 523.0M |
| Construction In Progress | -- | 215.0M | 363.0M | 260.0M | 168.0M |
| Construction In Progress Total | 217.0M | 215.0M | 363.0M | 260.0M | 168.0M |
| Intangible Assets | 565.0M | 367.0M | 292.0M | 522.0M | 412.0M |
| Long Term Deferred Expenses | 147,100 | 377,700 | 1.1M | 1.6M | 1.9M |
| Total Non Current Assets | 1.4B | 1.5B | 1.7B | 2.2B | 2.1B |
| Total Assets | 2.5B | 2.8B | 3.2B | 3.9B | 3.9B |
| Short Term Borrowings | 174.0M | 159.0M | 72.5M | 88.6M | 149.0M |
| Accounts Payable | 298.0M | 304.0M | 338.0M | 378.0M | 326.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 90.4M | 76.8M | 69.8M | 129.0M | 184.0M |
| Total Current Liabilities | 629.0M | 627.0M | 583.0M | 702.0M | 796.0M |
| Long Term Borrowings | 28.6M | 6.7M | 26.9M | 30.0M | -- |
| Total Non Current Liabilities | 69.6M | 58.5M | 79.0M | 128.0M | 104.0M |
| Total Liabilities | 699.0M | 686.0M | 662.0M | 831.0M | 900.0M |
| Paid In Capital | 697.0M | 697.0M | 697.0M | 702.0M | 702.0M |
| Capital Reserve | 2.0B | 2.0B | 2.0B | 2.0B | 2.0B |
| Surplus Reserve | 58.7M | 58.7M | 58.7M | 58.7M | 51.6M |
| Retained Earnings | -962.0M | -667.0M | -242.0M | 330.0M | 295.0M |
| Minority Equity | 475,400 | 438,200 | 174,200 | 1.6M | 1.6M |
| Equity Attributable | 1.8B | 2.1B | 2.5B | 3.1B | 3.0B |
| Total Equity | 1.8B | 2.1B | 2.5B | 3.1B | 3.0B |
| 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 | 314.0M | 481.0M | 390.0M | 586.0M | 838.0M |
| Tax Refunds Received | 1.1M | 2.3M | 5.5M | 1.5M | 6.2M |
| Total Operating Cash Inflow | 424.0M | 528.0M | 436.0M | 641.0M | 928.0M |
| Cash Paid For Goods | 142.0M | 145.0M | 201.0M | 195.0M | 484.0M |
| Cash Paid To Employees | 113.0M | 120.0M | 156.0M | 173.0M | 156.0M |
| Taxes Paid | 14.4M | 42.5M | 29.2M | 46.3M | 38.2M |
| Total Operating Cash Outflow | 314.0M | 395.0M | 455.0M | 490.0M | 892.0M |
| Operating Cash Flow | 109.0M | 133.0M | -19.6M | 152.0M | 35.7M |
| Total Investing Cash Inflow | 32.7M | 319.0M | 467.0M | 1.0B | 1.8B |
| Total Investing Cash Outflow | 215.0M | 482.0M | 521.0M | 1.2B | 1.8B |
| Investing Cash Flow | -182.0M | -163.0M | -54.1M | -131.0M | -26.1M |
| Cash From Borrowings | 222.0M | 167.0M | 104.0M | 135.0M | 166.0M |
| Dividends And Interest Paid | 8.0M | 6.9M | 5.8M | 3.7M | 29.8M |
| Debt Repayments | 206.0M | 103.0M | 96.5M | 166.0M | 161.0M |
| Total Financing Cash Inflow | 222.0M | 167.0M | 104.0M | 135.0M | 174.0M |
| Total Financing Cash Outflow | 216.0M | 112.0M | 106.0M | 173.0M | 193.0M |
| Financing Cash Flow | 6.2M | 55.1M | -1.3M | -37.7M | -18.4M |
| Net Change In Cash | -67.1M | 25.7M | -74.9M | -17.3M | -8.6M |
| Ending Cash Balance | 126.0M | 193.0M | 167.0M | 242.0M | 260.0M |
| Capex | 113.0M | 221.0M | 93.0M | 231.0M | 318.0M |