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 | 190.0M | 203.0M | 187.0M | 176.0M | 515.0M |
| Revenue Growth % | -6.4% | 8.6% | 6.2% | -65.8% | -- |
| Total Revenue | 190.0M | 203.0M | 187.0M | 176.0M | 515.0M |
| Cost Of Revenue | 170.0M | 168.0M | 134.0M | 133.0M | 358.0M |
| Gross Profit | 20.0M | 35.0M | 53.0M | 43.0M | 157.0M |
| Gross Margin % | 10.5% | 17.2% | 28.3% | 24.4% | 30.5% |
| Total Operating Cost | 215.0M | 274.0M | 237.0M | 443.0M | 512.0M |
| Selling Expenses | 13.9M | 16.5M | 14.4M | 15.3M | 18.2M |
| Admin Expenses | 57.2M | 61.5M | 58.6M | 71.1M | 79.6M |
| Rd Expenses | 7.8M | 7.2M | 7.5M | 6.6M | 11.2M |
| Finance Expenses | 4.5M | 2.5M | 2.3M | 6.2M | 11.4M |
| Operating Income | -30.0M | -70.5M | -30.2M | -255.0M | 20.4M |
| Operating Margin % | -15.8% | -34.7% | -16.1% | -144.9% | 4.0% |
| Non Operating Income | 421,600 | 250,300 | 2.0M | 829,500 | 1.1M |
| Non Operating Expenses | 17.8M | 3.7M | 59.8M | 11.9M | 9.6M |
| Investment Income | -6.6M | -1.5M | 16.6M | 3.6M | 7.9M |
| Asset Disposal Income | -379,900 | 200.00 | -560,600 | 1.3M | -3.9M |
| Asset Impairment Loss | -11.7M | 1.1M | 5.5M | 143.0M | 2.3M |
| Other Income | 1.4M | 1.4M | 3.8M | 6.5M | 13.2M |
| Income Before Tax | -47.4M | -73.9M | -87.9M | -267.0M | 12.0M |
| Income Tax | -- | -640,300 | -- | -- | -1.2M |
| Net Income | -47.4M | -73.3M | -87.9M | -267.0M | 13.1M |
| Net Margin % | -25.0% | -36.1% | -47.0% | -151.7% | 2.5% |
| Net Income Attributable | -47.4M | -73.3M | -87.9M | -267.0M | 13.0M |
| Minority Interest | -4,200 | -3,500 | -1,800 | -1,200 | 137,500 |
| Eps Basic | -0.07 | -0.10 | -0.12 | -0.37 | 0.02 |
| Eps Diluted | -0.07 | -0.10 | -0.12 | -0.37 | 0.02 |
| 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 | 23.9M | 25.3M | 140.0M | 89.9M | 180.0M |
| Accounts Receivable | 89.2M | 104.0M | 141.0M | 164.0M | 201.0M |
| Notes Receivable | 12.8M | 9.5M | 10.2M | 12.3M | 31.6M |
| Notes And Accounts Receivable | 102.0M | 114.0M | 152.0M | 176.0M | 233.0M |
| Prepayments | 7.9M | 11.2M | 14.4M | 8.7M | 36.7M |
| Inventory | 237.0M | 190.0M | 157.0M | 121.0M | 97.9M |
| Total Current Assets | 415.0M | 379.0M | 503.0M | 427.0M | 660.0M |
| Long Term Equity Investment | 28.9M | 35.5M | 36.9M | 97.6M | 36.1M |
| Fixed Assets | -- | 118.0M | 128.0M | 144.0M | 154.0M |
| Fixed Assets Total | 108.0M | 118.0M | 128.0M | 144.0M | 154.0M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 88.5M | 91.5M | 93.2M | 151.0M | 305.0M |
| Long Term Deferred Expenses | 968,700 | 1.7M | 457,500 | 603,200 | 2.2M |
| Total Non Current Assets | 341.0M | 404.0M | 326.0M | 429.0M | 529.0M |
| Total Assets | 756.0M | 783.0M | 829.0M | 855.0M | 1.2B |
| Short Term Borrowings | -- | 11.9M | 19.9M | 32.0M | 56.9M |
| Accounts Payable | 161.0M | 142.0M | 126.0M | 121.0M | 149.0M |
| Advance Receipts | 1.4M | 1.1M | -- | -- | -- |
| Contract Liabilities | 186.0M | 157.0M | 133.0M | 87.0M | 88.3M |
| Total Current Liabilities | 475.0M | 399.0M | 355.0M | 339.0M | 385.0M |
| Long Term Borrowings | 33.0M | 50.0M | -- | 21.0M | 45.0M |
| Total Non Current Liabilities | 40.7M | 63.4M | 77.3M | 27.1M | 54.5M |
| Total Liabilities | 516.0M | 462.0M | 432.0M | 366.0M | 440.0M |
| Paid In Capital | 713.0M | 713.0M | 713.0M | 713.0M | 713.0M |
| Capital Reserve | 587.0M | 587.0M | 587.0M | 591.0M | 591.0M |
| Surplus Reserve | 45.0M | 45.0M | 45.0M | 45.0M | 45.0M |
| Retained Earnings | -1.1B | -1.0B | -949.0M | -862.0M | -595.0M |
| Minority Equity | 64,300 | 93,500 | 97,000 | 98,800 | -- |
| Equity Attributable | 241.0M | 321.0M | 397.0M | 490.0M | 750.0M |
| Total Equity | 241.0M | 321.0M | 397.0M | 490.0M | 750.0M |
| 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 | 178.0M | 162.0M | 166.0M | 63.2M | 446.0M |
| Tax Refunds Received | -- | 40,100 | 830,700 | 413,700 | 2.3M |
| Total Operating Cash Inflow | 201.0M | 174.0M | 186.0M | 83.7M | 593.0M |
| Cash Paid For Goods | 56.9M | 56.9M | 55.2M | 6.9M | 247.0M |
| Cash Paid To Employees | 49.7M | 55.5M | 53.7M | 26.4M | 82.1M |
| Taxes Paid | 14.1M | 16.5M | 12.3M | 12.2M | 33.4M |
| Total Operating Cash Outflow | 171.0M | 176.0M | 175.0M | 83.3M | 513.0M |
| Operating Cash Flow | 30.8M | -2.3M | 10.5M | 322,000 | 80.2M |
| Total Investing Cash Inflow | 592,000 | -- | 248.0M | 1.0M | 127.0M |
| Total Investing Cash Outflow | 265,100 | 104.0M | 187.0M | 142.0M | 27.1M |
| Investing Cash Flow | 326,900 | -104.0M | 60.3M | -141.0M | 99.9M |
| Cash From Borrowings | 10.0M | 71.9M | 10.0M | -- | 49.5M |
| Dividends And Interest Paid | 2.9M | 1.9M | 2.5M | 2.9M | 12.1M |
| Debt Repayments | 25.6M | 75.1M | 22.1M | 21.9M | 90.3M |
| Total Financing Cash Inflow | 33.5M | 71.9M | 10.0M | -- | 49.5M |
| Total Financing Cash Outflow | 54.5M | 83.8M | 32.6M | 24.8M | 112.0M |
| Financing Cash Flow | -21.0M | -11.9M | -22.6M | -24.8M | -62.9M |
| Net Change In Cash | 10.1M | -118.0M | 48.2M | -165.0M | 117.0M |
| Ending Cash Balance | 23.8M | 13.7M | 132.0M | 2.7M | 168.0M |
| Capex | 265,100 | 3.7M | 12.1M | 1.6M | 21.9M |