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 | 665.0M | 1.2B | 2.1B | 1.4B | 926.0M |
| Revenue Growth % | -44.2% | -44.4% | 57.3% | 47.2% | -- |
| Total Revenue | 665.0M | 1.2B | 2.1B | 1.4B | 926.0M |
| Cost Of Revenue | 548.0M | 896.0M | 1.5B | 1.1B | 724.0M |
| Gross Profit | 117.0M | 295.0M | 617.0M | 280.0M | 202.0M |
| Gross Margin % | 17.6% | 24.8% | 28.8% | 20.5% | 21.8% |
| Total Operating Cost | 994.0M | 1.3B | 2.1B | 1.6B | 1.4B |
| Selling Expenses | 26.7M | 32.4M | 42.7M | 34.5M | 22.9M |
| Admin Expenses | 145.0M | 165.0M | 165.0M | 192.0M | 185.0M |
| Rd Expenses | 45.7M | 49.7M | 92.1M | 68.1M | 77.3M |
| Finance Expenses | 136.0M | 130.0M | 135.0M | 128.0M | 144.0M |
| Operating Income | -304.0M | -107.0M | 91.6M | -257.0M | -455.0M |
| Operating Margin % | -45.7% | -9.0% | 4.3% | -18.9% | -49.1% |
| Non Operating Income | 27,000 | 4.0M | 627,400 | 2.3M | 969,500 |
| Non Operating Expenses | 16.7M | 11.4M | 4.7M | 11.0M | 75.8M |
| Investment Income | 650,100 | -5.0M | -1.7M | 4.4M | 2.3M |
| Asset Disposal Income | 1.7M | 5.6M | 4.1M | -7.7M | -6.0M |
| Asset Impairment Loss | 55.9M | 31.6M | 70.3M | 108.0M | 44.5M |
| Other Income | 23.0M | 33.0M | 14.4M | 10.2M | 26.3M |
| Income Before Tax | -320.0M | -114.0M | 87.5M | -266.0M | -529.0M |
| Income Tax | 19.9M | 35.3M | 21.9M | 17.5M | 8.0M |
| Net Income | -340.0M | -149.0M | 65.6M | -283.0M | -537.0M |
| Net Margin % | -51.1% | -12.5% | 3.1% | -20.8% | -58.0% |
| Net Income Attributable | -319.0M | -133.0M | 76.6M | -258.0M | -496.0M |
| Minority Interest | -21.6M | -16.0M | -11.0M | -25.4M | -41.5M |
| Eps Basic | -0.22 | -0.09 | 0.05 | -0.17 | -0.47 |
| Eps Diluted | -0.22 | -0.09 | 0.05 | -0.17 | -0.47 |
| 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 | 482.0M | 487.0M | 413.0M | 171.0M | 265.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 264.0M | 410.0M | 695.0M | 292.0M | 346.0M |
| Notes Receivable | 54.8M | 64.7M | 161.0M | 120.0M | 143.0M |
| Notes And Accounts Receivable | 319.0M | 474.0M | 856.0M | 412.0M | 489.0M |
| Prepayments | 20.3M | 73.0M | 124.0M | 95.8M | 31.1M |
| Inventory | 223.0M | 277.0M | 161.0M | 435.0M | 344.0M |
| Total Current Assets | 1.1B | 1.5B | 1.7B | 1.5B | 1.7B |
| Long Term Equity Investment | 27.7M | 54.4M | 63.9M | 67.2M | 157.0M |
| Fixed Assets | -- | 1.1B | 1.2B | -- | -- |
| Fixed Assets Total | 1.0B | 1.1B | 1.2B | 1.1B | 1.3B |
| Construction In Progress | -- | 107.0M | 88.8M | 273.0M | -- |
| Construction In Progress Total | 110.0M | 107.0M | 88.8M | 273.0M | 320.0M |
| Intangible Assets | 144.0M | 155.0M | 163.0M | 172.0M | 184.0M |
| Long Term Deferred Expenses | 1.6M | 3.0M | 4.5M | 3.2M | 4.2M |
| Total Non Current Assets | 1.4B | 1.5B | 1.6B | 1.7B | 2.0B |
| Total Assets | 2.5B | 3.0B | 3.3B | 3.1B | 3.7B |
| Short Term Borrowings | 699.0M | 1.1B | 1.3B | 1.3B | 1.4B |
| Accounts Payable | 226.0M | 282.0M | 547.0M | 490.0M | 470.0M |
| Advance Receipts | -- | -- | -- | 66,400 | 67,700 |
| Contract Liabilities | 113.0M | 77.3M | 23.8M | 78.1M | 26.1M |
| Total Current Liabilities | 2.2B | 2.6B | 3.0B | 2.9B | 3.0B |
| Long Term Borrowings | 527.0M | 238.0M | 98.5M | 137.0M | 176.0M |
| Total Non Current Liabilities | 649.0M | 374.0M | 138.0M | 180.0M | 259.0M |
| Total Liabilities | 2.8B | 2.9B | 3.1B | 3.1B | 3.3B |
| Paid In Capital | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B |
| Capital Reserve | 3.3B | 3.3B | 3.3B | 3.4B | 3.4B |
| Surplus Reserve | 53.4M | 53.4M | 53.4M | 53.4M | 53.4M |
| Retained Earnings | -5.2B | -4.9B | -4.7B | -4.8B | -4.5B |
| Minority Equity | -30.7M | -9.2M | 6.5M | -28.5M | -4.1M |
| Equity Attributable | -271.0M | 34.0M | 155.0M | 123.0M | 379.0M |
| Total Equity | -302.0M | 24.8M | 162.0M | 94.7M | 374.0M |
| 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 | 817.0M | 1.2B | 1.7B | 1.3B | 818.0M |
| Tax Refunds Received | 9.4M | 9.5M | 33.4M | 9,100 | 264,500 |
| Total Operating Cash Inflow | 884.0M | 1.3B | 1.8B | 1.5B | 993.0M |
| Cash Paid For Goods | 340.0M | 877.0M | 1.0B | 978.0M | 367.0M |
| Cash Paid To Employees | 185.0M | 253.0M | 220.0M | 235.0M | 182.0M |
| Taxes Paid | 66.4M | 91.9M | 50.8M | 37.8M | 37.1M |
| Total Operating Cash Outflow | 696.0M | 1.3B | 1.5B | 1.4B | 714.0M |
| Operating Cash Flow | 188.0M | -58.9M | 286.0M | 72.4M | 279.0M |
| Total Investing Cash Inflow | 2.2M | 35.5M | 32.9M | 106.0M | 193.0M |
| Total Investing Cash Outflow | 41.0M | 31.3M | 25.5M | 59.0M | 107.0M |
| Investing Cash Flow | -38.7M | 4.3M | 7.5M | 46.8M | 85.6M |
| Cash From Borrowings | 348.0M | 586.0M | 728.0M | 1.1B | 1.2B |
| Dividends And Interest Paid | 37.2M | 51.6M | 79.9M | 123.0M | 104.0M |
| Debt Repayments | 470.0M | 609.0M | 776.0M | 1.1B | 1.3B |
| Total Financing Cash Inflow | 383.0M | 833.0M | 884.0M | 1.6B | 1.8B |
| Total Financing Cash Outflow | 538.0M | 714.0M | 943.0M | 1.7B | 2.0B |
| Financing Cash Flow | -156.0M | 119.0M | -59.6M | -184.0M | -236.0M |
| Net Change In Cash | -6.3M | 63.9M | 234.0M | -65.1M | 128.0M |
| Ending Cash Balance | 459.0M | 465.0M | 401.0M | 167.0M | 232.0M |
| Capex | 41.0M | 31.3M | 24.8M | 59.0M | 106.0M |