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 | 384.0M | 477.0M | 391.0M | 710.0M | 1.2B |
| Revenue Growth % | -19.5% | 22.0% | -44.9% | -40.2% | -- |
| Total Revenue | 384.0M | 477.0M | 391.0M | 710.0M | 1.2B |
| Cost Of Revenue | 263.0M | 308.0M | 289.0M | 504.0M | 874.0M |
| Gross Profit | 121.0M | 169.0M | 102.0M | 206.0M | 313.0M |
| Gross Margin % | 31.5% | 35.4% | 26.1% | 29.0% | 26.4% |
| Total Operating Cost | 489.0M | 557.0M | 646.0M | 1.5B | 1.1B |
| Selling Expenses | 18.8M | 26.3M | 84.6M | 101.0M | 72.8M |
| Admin Expenses | 67.8M | 76.3M | 103.0M | 138.0M | 85.8M |
| Rd Expenses | 47.0M | 65.9M | 87.7M | 105.0M | 62.4M |
| Finance Expenses | 3.3M | 12.3M | 16.0M | 23.6M | 15.5M |
| Operating Income | -93.8M | 126.0M | -367.0M | -668.0M | 47.2M |
| Operating Margin % | -24.4% | 26.4% | -93.9% | -94.1% | 4.0% |
| Non Operating Income | 1.0M | 744,200 | 104,100 | 196,600 | 594,700 |
| Non Operating Expenses | 8.7M | 2.9M | 809,100 | 2.0M | 3.8M |
| Investment Income | 1.7M | 190.0M | -9.5M | -5.3M | -270,100 |
| Fair Value Change Income | -- | 21,900 | -118.0M | 118.0M | -- |
| Asset Disposal Income | 108,600 | 777,800 | 487,700 | 11.2M | 200,900 |
| Asset Impairment Loss | 63.1M | 28.8M | 48.9M | 639.0M | 32.7M |
| Other Income | 8.9M | 15.8M | 15.3M | 11.1M | 9.8M |
| Income Before Tax | -101.0M | 124.0M | -367.0M | -670.0M | 44.0M |
| Income Tax | 27.9M | -11.3M | -43.9M | -13.1M | 6.0M |
| Net Income | -129.0M | 135.0M | -324.0M | -657.0M | 38.0M |
| Net Margin % | -33.6% | 28.3% | -82.9% | -92.5% | 3.2% |
| Net Income Attributable | -129.0M | 140.0M | -309.0M | -654.0M | 36.2M |
| Minority Interest | -- | -4.7M | -14.2M | -2.4M | 1.7M |
| Eps Basic | -0.45 | 0.49 | -1.07 | -2.27 | 0.13 |
| Eps Diluted | -0.45 | 0.49 | -1.07 | -2.27 | 0.13 |
| 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 | 39.7M | 31.0M | 53.5M | 82.0M | 90.7M |
| Trading Financial Assets | -- | -- | 562,700 | -- | -- |
| Accounts Receivable | 153.0M | 152.0M | 187.0M | 341.0M | 569.0M |
| Notes Receivable | 6.3M | 8.5M | 26.9M | 85.2M | 60.5M |
| Notes And Accounts Receivable | 159.0M | 160.0M | 214.0M | 426.0M | 630.0M |
| Prepayments | 4.9M | 10.5M | 11.4M | 19.5M | 29.0M |
| Inventory | 206.0M | 329.0M | 493.0M | 508.0M | 464.0M |
| Total Current Assets | 602.0M | 764.0M | 857.0M | 1.4B | 1.2B |
| Long Term Equity Investment | 26.8M | 27.3M | 28.2M | 28.9M | 29.3M |
| Fixed Assets | -- | 103.0M | 46.5M | 54.2M | 103.0M |
| Fixed Assets Total | 101.0M | 103.0M | 46.5M | 54.2M | 103.0M |
| Construction In Progress | -- | 21.1M | 63.2M | 36.0M | 298,900 |
| Construction In Progress Total | 13.8M | 21.1M | 63.2M | 36.0M | 298,900 |
| Intangible Assets | 41.8M | 45.8M | 67.3M | 71.7M | 169.0M |
| Long Term Deferred Expenses | 8.0M | 2.1M | 2.9M | 5.0M | 5.8M |
| Total Non Current Assets | 287.0M | 345.0M | 530.0M | 533.0M | 1.1B |
| Total Assets | 889.0M | 1.1B | 1.4B | 1.9B | 2.3B |
| Short Term Borrowings | 78.2M | 81.7M | 199.0M | 144.0M | 211.0M |
| Accounts Payable | 126.0M | 199.0M | 303.0M | 378.0M | 409.0M |
| Advance Receipts | -- | -- | -- | 7,900 | -- |
| Contract Liabilities | 131.0M | 149.0M | 212.0M | 180.0M | 145.0M |
| Total Current Liabilities | 385.0M | 478.0M | 840.0M | 1.1B | 959.0M |
| Long Term Borrowings | -- | -- | 49.8M | -- | -- |
| Total Non Current Liabilities | 12.5M | 5.4M | 59.7M | 32.1M | 7.2M |
| Total Liabilities | 397.0M | 483.0M | 899.0M | 1.1B | 966.0M |
| Paid In Capital | 289.0M | 289.0M | 289.0M | 289.0M | 289.0M |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B |
| Surplus Reserve | 38.8M | 38.8M | 38.8M | 38.8M | 38.8M |
| Retained Earnings | -1.1B | -990.0M | -1.1B | -821.0M | -166.0M |
| Minority Equity | -- | -- | 8.2M | 23.2M | 24.7M |
| Equity Attributable | 492.0M | 626.0M | 479.0M | 761.0M | 1.4B |
| Total Equity | 492.0M | 626.0M | 488.0M | 784.0M | 1.4B |
| 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 | 369.0M | 396.0M | 635.0M | 662.0M | 855.0M |
| Tax Refunds Received | 5.7M | 8.2M | 7.3M | 2.4M | 2.0M |
| Total Operating Cash Inflow | 385.0M | 514.0M | 759.0M | 687.0M | 913.0M |
| Cash Paid For Goods | 163.0M | 237.0M | 359.0M | 351.0M | 414.0M |
| Cash Paid To Employees | 111.0M | 148.0M | 171.0M | 249.0M | 189.0M |
| Taxes Paid | 20.3M | 31.5M | 24.7M | 44.0M | 31.6M |
| Total Operating Cash Outflow | 364.0M | 538.0M | 734.0M | 763.0M | 722.0M |
| Operating Cash Flow | 21.1M | -23.8M | 25.0M | -76.3M | 191.0M |
| Total Investing Cash Inflow | 10.2M | 165.0M | 23.2M | 116.0M | 185,400 |
| Total Investing Cash Outflow | 19.0M | 36.8M | 54.3M | 92.6M | 273.0M |
| Investing Cash Flow | -8.8M | 128.0M | -31.1M | 23.0M | -273.0M |
| Cash From Borrowings | 79.7M | 84.7M | 311.0M | 268.0M | 215.0M |
| Dividends And Interest Paid | 4.1M | 7.3M | 13.3M | 15.0M | 9.2M |
| Debt Repayments | 84.7M | 171.0M | 179.0M | 341.0M | 175.0M |
| Total Financing Cash Inflow | 169.0M | 87.1M | 311.0M | 445.0M | 300.0M |
| Total Financing Cash Outflow | 179.0M | 187.0M | 329.0M | 426.0M | 195.0M |
| Financing Cash Flow | -10.6M | -100.0M | -17.9M | 19.2M | 105.0M |
| Net Change In Cash | 1.6M | 4.4M | -24.0M | -34.1M | 23.2M |
| Ending Cash Balance | 16.9M | 15.2M | 10.8M | 34.8M | 69.0M |
| Capex | 19.0M | 36.4M | 54.2M | 29.4M | 29.3M |