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 | 1.4B | 1.6B | 1.7B | 1.4B |
| Revenue Growth % | -3.0% | -6.6% | -7.9% | 17.2% | -- |
| Total Revenue | 1.4B | 1.4B | 1.6B | 1.7B | 1.4B |
| Cost Of Revenue | 1.3B | 1.3B | 1.4B | 1.4B | 1.2B |
| Gross Profit | 114.0M | 104.0M | 159.0M | 271.0M | 286.0M |
| Gross Margin % | 8.1% | 7.2% | 10.2% | 16.1% | 19.9% |
| Total Operating Cost | 2.3B | 2.1B | 2.0B | 1.8B | 1.5B |
| Selling Expenses | 78.9M | 68.8M | 64.8M | 56.8M | 53.2M |
| Admin Expenses | 171.0M | 172.0M | 154.0M | 140.0M | 127.0M |
| Rd Expenses | 81.3M | 82.0M | 68.5M | 69.7M | 58.0M |
| Finance Expenses | 77.5M | 72.7M | 63.3M | 54.4M | 80.1M |
| Operating Income | -885.0M | -591.0M | -428.0M | -76.1M | -38.4M |
| Operating Margin % | -62.9% | -40.8% | -27.6% | -4.5% | -2.7% |
| Non Operating Income | 8.2M | 41.7M | 1.8M | 773,300 | 2.4M |
| Non Operating Expenses | 447.0M | 6.7M | 3.3M | 10.5M | 33.0M |
| Investment Income | -8.2M | 17.7M | 31.1M | -6.6M | 2.8M |
| Fair Value Change Income | -272,100 | 6.7M | -- | -- | -- |
| Asset Disposal Income | -897,900 | 297,500 | 2.0M | 197,400 | -4.0M |
| Asset Impairment Loss | 508.0M | 253.0M | 232.0M | 15.0M | 11.0M |
| Other Income | 4.2M | 8.0M | 10.1M | 13.3M | 39.6M |
| Income Before Tax | -1.3B | -556.0M | -430.0M | -85.8M | -69.0M |
| Income Tax | 68.6M | -29,900 | -41.4M | -18.5M | -13.3M |
| Net Income | -1.4B | -556.0M | -388.0M | -67.3M | -55.7M |
| Net Margin % | -98.9% | -38.3% | -25.0% | -4.0% | -3.9% |
| Net Income Attributable | -1.3B | -506.0M | -362.0M | -60.0M | -49.4M |
| Minority Interest | -77.1M | -50.0M | -26.9M | -7.3M | -6.3M |
| Eps Basic | -0.88 | -0.34 | -0.24 | -0.04 | -0.04 |
| Eps Diluted | -0.88 | -0.34 | -0.24 | -0.04 | -0.04 |
| 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 | 114.0M | 241.0M | 433.0M | 524.0M | 428.0M |
| Accounts Receivable | 788.0M | 728.0M | 763.0M | 754.0M | 830.0M |
| Notes Receivable | 280.0M | 237.0M | 454.0M | 214.0M | 166.0M |
| Notes And Accounts Receivable | 1.1B | 965.0M | 1.2B | 969.0M | 995.0M |
| Prepayments | 74.3M | 129.0M | 192.0M | 222.0M | 117.0M |
| Inventory | 308.0M | 561.0M | 697.0M | 559.0M | 501.0M |
| Total Current Assets | 2.5B | 3.0B | 4.1B | 3.8B | 3.3B |
| Long Term Equity Investment | 19.1M | 17.9M | 71.9M | 81.3M | 93.5M |
| Fixed Assets | -- | 986.0M | 792.0M | 942.0M | 1.0B |
| Fixed Assets Total | 893.0M | 986.0M | 792.0M | 942.0M | 1.0B |
| Construction In Progress | -- | 475.0M | 281.0M | 200.0M | 112.0M |
| Construction In Progress Total | 430.0M | 475.0M | 281.0M | 200.0M | 112.0M |
| Intangible Assets | 209.0M | 256.0M | 171.0M | 185.0M | 181.0M |
| Long Term Deferred Expenses | 348,700 | 2.0M | 4.9M | 5.7M | 7.1M |
| Total Non Current Assets | 1.9B | 2.4B | 2.1B | 2.3B | 2.3B |
| Total Assets | 4.3B | 5.4B | 6.2B | 6.1B | 5.6B |
| Short Term Borrowings | 566.0M | 646.0M | 1.2B | 835.0M | 1.5B |
| Accounts Payable | 924.0M | 979.0M | 990.0M | 906.0M | 835.0M |
| Advance Receipts | -- | -- | 3.5M | 3.5M | 273,500 |
| Contract Liabilities | 105.0M | 215.0M | 214.0M | 238.0M | 220.0M |
| Total Current Liabilities | 2.8B | 3.0B | 3.4B | 3.0B | 3.2B |
| Long Term Borrowings | 381.0M | 425.0M | 216.0M | 100.0M | 111.0M |
| Total Non Current Liabilities | 961.0M | 518.0M | 335.0M | 242.0M | 246.0M |
| Total Liabilities | 3.8B | 3.5B | 3.7B | 3.2B | 3.4B |
| Paid In Capital | 1.5B | 1.5B | 1.5B | 1.5B | 1.2B |
| Capital Reserve | 1.4B | 1.4B | 1.4B | 1.4B | 816.0M |
| Surplus Reserve | 44.0M | 44.0M | 44.0M | 44.0M | 44.0M |
| Retained Earnings | -2.2B | -892.0M | -386.0M | -18.5M | 59.2M |
| Minority Equity | -140.0M | -62.9M | -11.4M | 15.5M | 5.4M |
| Equity Attributable | 682.0M | 2.0B | 2.5B | 2.9B | 2.2B |
| Total Equity | 542.0M | 1.9B | 2.5B | 2.9B | 2.2B |
| 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 | 954.0M | 1.6B | 1.8B | 1.6B | 1.0B |
| Tax Refunds Received | 12.7M | 18.8M | 32.3M | 3.1M | 6.2M |
| Total Operating Cash Inflow | 996.0M | 1.9B | 2.2B | 1.9B | 1.4B |
| Cash Paid For Goods | 494.0M | 1.4B | 1.7B | 1.3B | 779.0M |
| Cash Paid To Employees | 256.0M | 252.0M | 247.0M | 223.0M | 180.0M |
| Taxes Paid | 29.3M | 44.7M | 71.2M | 62.8M | 62.5M |
| Total Operating Cash Outflow | 1.1B | 1.9B | 2.3B | 2.0B | 1.4B |
| Operating Cash Flow | -132.0M | -35.9M | -81.2M | -134.0M | -46.0M |
| Total Investing Cash Inflow | 4.0M | 1.4M | 33.5M | 24.0M | 5.1M |
| Total Investing Cash Outflow | 44.1M | 51.7M | 163.0M | 132.0M | 156.0M |
| Investing Cash Flow | -40.1M | -50.2M | -129.0M | -108.0M | -151.0M |
| Cash From Borrowings | 843.0M | 1.1B | 1.9B | 1.3B | 1.9B |
| Dividends And Interest Paid | 71.8M | 69.6M | 75.7M | 79.6M | 90.4M |
| Debt Repayments | 824.0M | 1.5B | 1.3B | 1.9B | 1.8B |
| Total Financing Cash Inflow | 1.2B | 1.7B | 2.1B | 2.3B | 2.1B |
| Total Financing Cash Outflow | 1.0B | 1.7B | 1.8B | 2.1B | 1.9B |
| Financing Cash Flow | 134.0M | -12.3M | 256.0M | 174.0M | 153.0M |
| Net Change In Cash | -34.7M | -98.2M | 45.6M | -68.1M | -45.8M |
| Ending Cash Balance | 66.6M | 101.0M | 200.0M | 154.0M | 222.0M |
| Capex | 43.9M | 51.3M | 156.0M | 132.0M | 97.7M |