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 | 552.0M | 657.0M | 464.0M | 421.0M | 696.0M |
| Revenue Growth % | -16.0% | 41.6% | 10.2% | -39.5% | -- |
| Total Revenue | 552.0M | 657.0M | 464.0M | 421.0M | 696.0M |
| Cost Of Revenue | 413.0M | 522.0M | 375.0M | 349.0M | 520.0M |
| Gross Profit | 139.0M | 135.0M | 89.0M | 72.0M | 176.0M |
| Gross Margin % | 25.2% | 20.5% | 19.2% | 17.1% | 25.3% |
| Total Operating Cost | 687.0M | 835.0M | 628.0M | 1.1B | 1.9B |
| Selling Expenses | 21.8M | 20.8M | 14.0M | 18.7M | 27.9M |
| Admin Expenses | 112.0M | 116.0M | 104.0M | 127.0M | 144.0M |
| Rd Expenses | 26.5M | 29.3M | 21.6M | 28.1M | 34.1M |
| Finance Expenses | 63.9M | 65.5M | 92.2M | 76.1M | 124.0M |
| Operating Income | -123.0M | -160.0M | -51.7M | -622.0M | -1.2B |
| Operating Margin % | -22.3% | -24.4% | -11.1% | -147.7% | -168.2% |
| Non Operating Income | 460,400 | 8.1M | 745,700 | 3.1M | 13.2M |
| Non Operating Expenses | 43.4M | 39.1M | 53.8M | 104.0M | 20.6M |
| Investment Income | 7.5M | 433,400 | 99.2M | 28.8M | 4.2M |
| Fair Value Change Income | 93.00 | -- | -- | -- | -- |
| Asset Disposal Income | -366,600 | -4.3M | 5.7M | -2.4M | 1.8M |
| Asset Impairment Loss | 16.8M | 49.1M | 3.6M | 441.0M | 419.0M |
| Other Income | 4.5M | 22.2M | 7.3M | 14.3M | 6.5M |
| Income Before Tax | -166.0M | -191.0M | -105.0M | -724.0M | -1.2B |
| Income Tax | 1.8M | -9.4M | 2.6M | 6.2M | 29.8M |
| Net Income | -168.0M | -182.0M | -107.0M | -730.0M | -1.2B |
| Net Margin % | -30.4% | -27.7% | -23.1% | -173.4% | -173.6% |
| Net Income Attributable | -166.0M | -175.0M | -108.0M | -719.0M | -1.2B |
| Minority Interest | -1.9M | -7.3M | 746,500 | -10.7M | 1.2M |
| Eps Basic | -0.25 | -0.25 | -0.16 | -1.01 | -1.70 |
| Eps Diluted | -0.25 | -0.25 | -0.16 | -1.01 | -1.70 |
| 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 | 122.0M | 98.8M | 195.0M | 147.0M | 180.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 317.0M | 323.0M | 285.0M | 339.0M | 519.0M |
| Notes Receivable | 77.8M | 36.8M | 126.0M | 137.0M | 67.5M |
| Notes And Accounts Receivable | 394.0M | 360.0M | 411.0M | 476.0M | 587.0M |
| Prepayments | 73.8M | 50.4M | 72.7M | 27.7M | 33.8M |
| Inventory | 410.0M | 290.0M | 304.0M | 195.0M | 173.0M |
| Total Current Assets | 1.1B | 868.0M | 1.1B | 921.0M | 1.7B |
| Long Term Equity Investment | 283.0M | 296.0M | 315.0M | 310.0M | 347.0M |
| Fixed Assets | -- | 214.0M | 232.0M | 239.0M | 257.0M |
| Fixed Assets Total | 208.0M | 214.0M | 232.0M | 239.0M | 257.0M |
| Construction In Progress | -- | 7.1M | 12.4M | 5.8M | 28.9M |
| Construction In Progress Total | 19.4M | 7.1M | 12.4M | 5.8M | 28.9M |
| Intangible Assets | 92.2M | 97.4M | 84.2M | 98.8M | 119.0M |
| Long Term Deferred Expenses | 249,200 | 267,600 | -- | -- | -- |
| Total Non Current Assets | 1.1B | 1.1B | 1.1B | 1.2B | 1.7B |
| Total Assets | 2.2B | 1.9B | 2.2B | 2.1B | 3.5B |
| Short Term Borrowings | 24.6M | 24.6M | 22.6M | 25.0M | 213.0M |
| Accounts Payable | 125.0M | 148.0M | 117.0M | 156.0M | 221.0M |
| Advance Receipts | -- | -- | 9,100 | -- | 91,000 |
| Contract Liabilities | 566.0M | 263.0M | 297.0M | 166.0M | 102.0M |
| Total Current Liabilities | 1.9B | 1.5B | 1.7B | 1.7B | 2.0B |
| Long Term Borrowings | -- | 685,700 | 900,000 | 1.0M | -- |
| Total Non Current Liabilities | 203.0M | 206.0M | 218.0M | 208.0M | 214.0M |
| Total Liabilities | 2.1B | 1.7B | 1.9B | 1.9B | 2.2B |
| Paid In Capital | 725.0M | 726.0M | 712.0M | 712.0M | 712.0M |
| Capital Reserve | 2.5B | 2.5B | 2.5B | 2.5B | 2.5B |
| Surplus Reserve | 25.7M | 25.7M | 25.7M | 25.7M | 25.7M |
| Retained Earnings | -3.6B | -3.4B | -3.2B | -3.1B | -2.3B |
| Minority Equity | 89.6M | 94.4M | 106.0M | 111.0M | 360.0M |
| Equity Attributable | 57.2M | 146.0M | 235.0M | 158.0M | 924.0M |
| Total Equity | 147.0M | 241.0M | 341.0M | 269.0M | 1.3B |
| 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 | 533.0M | 416.0M | 464.0M | 426.0M | 828.0M |
| Tax Refunds Received | 1.9M | 11.1M | 17.0M | 3.1M | 8.4M |
| Total Operating Cash Inflow | 575.0M | 497.0M | 605.0M | 590.0M | 1.0B |
| Cash Paid For Goods | 243.0M | 200.0M | 273.0M | 166.0M | 427.0M |
| Cash Paid To Employees | 169.0M | 155.0M | 147.0M | 157.0M | 177.0M |
| Taxes Paid | 47.8M | 56.1M | 34.0M | 39.6M | 58.8M |
| Total Operating Cash Outflow | 538.0M | 512.0M | 511.0M | 552.0M | 852.0M |
| Operating Cash Flow | 37.1M | -15.4M | 93.9M | 37.8M | 167.0M |
| Total Investing Cash Inflow | 834,600 | 17.7M | 13.2M | 22.2M | 145.0M |
| Total Investing Cash Outflow | 26.2M | 36.9M | 18.2M | 17.1M | 86.7M |
| Investing Cash Flow | -25.4M | -19.2M | -5.1M | 5.1M | 58.8M |
| Cash From Borrowings | 7.0M | 12.5M | 7.0M | 32.0M | 316.0M |
| Dividends And Interest Paid | 7.7M | 5.7M | 978,500 | 12.1M | 40.9M |
| Debt Repayments | 13.9M | 13.2M | 9.4M | 56.5M | 599.0M |
| Total Financing Cash Inflow | 80.1M | 75.5M | 44.2M | 41.0M | 319.0M |
| Total Financing Cash Outflow | 75.5M | 107.0M | 78.7M | 137.0M | 664.0M |
| Financing Cash Flow | 4.6M | -31.4M | -34.5M | -96.0M | -345.0M |
| Net Change In Cash | 16.9M | -64.5M | 58.3M | -54.0M | -121.0M |
| Ending Cash Balance | 108.0M | 90.8M | 155.0M | 97.0M | 151.0M |
| Capex | 25.7M | 36.9M | 17.3M | 14.4M | 32.2M |