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 | 851.0M | 1.0B | 1.4B | 1.6B | 936.0M |
| Revenue Growth % | -16.3% | -27.6% | -10.6% | 67.7% | -- |
| Total Revenue | 851.0M | 1.0B | 1.4B | 1.6B | 936.0M |
| Cost Of Revenue | 542.0M | 649.0M | 994.0M | 1.1B | 517.0M |
| Gross Profit | 309.0M | 368.0M | 410.0M | 435.0M | 419.0M |
| Gross Margin % | 36.3% | 36.2% | 29.2% | 27.7% | 44.8% |
| Total Operating Cost | 963.0M | 1.1B | 1.5B | 1.6B | 974.0M |
| Selling Expenses | 191.0M | 210.0M | 203.0M | 215.0M | 185.0M |
| Admin Expenses | 94.6M | 113.0M | 110.0M | 110.0M | 92.1M |
| Rd Expenses | 70.4M | 84.3M | 79.9M | 75.1M | 58.9M |
| Finance Expenses | -52.2M | -35.8M | -23.9M | -6.2M | 11.5M |
| Operating Income | -90.8M | -111.0M | -80.3M | -50.5M | 48.4M |
| Operating Margin % | -10.7% | -10.9% | -5.7% | -3.2% | 5.2% |
| Non Operating Income | 1.4M | 4.9M | 314,200 | 2.0M | 514,700 |
| Non Operating Expenses | 2.6M | 7.4M | 1.1M | 767,100 | 4.9M |
| Investment Income | 1.3M | 1.7M | 1.9M | 991,900 | 1.7M |
| Fair Value Change Income | -900,000 | -- | -- | -- | -- |
| Asset Disposal Income | 2.1M | 285,200 | 216,100 | -884,100 | 50.4M |
| Asset Impairment Loss | 61.5M | 124.0M | 109.0M | 89.9M | 69.6M |
| Other Income | 18.6M | 20.0M | 24.1M | 25.1M | 34.6M |
| Income Before Tax | -92.0M | -113.0M | -81.1M | -49.2M | 44.0M |
| Income Tax | 4.8M | 1.7M | 9.5M | 15.4M | 25.6M |
| Net Income | -96.9M | -115.0M | -90.5M | -64.6M | 18.4M |
| Net Margin % | -11.4% | -11.3% | -6.4% | -4.1% | 2.0% |
| Net Income Attributable | -97.3M | -114.0M | -87.9M | -60.0M | 21.1M |
| Minority Interest | 461,400 | -665,000 | -2.7M | -4.6M | -2.7M |
| Eps Basic | -0.20 | -0.23 | -0.18 | -0.12 | 0.05 |
| Eps Diluted | -0.20 | -0.23 | -0.18 | -0.12 | 0.05 |
| 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 | 86.0M | 239.0M | 410.0M | 331.0M | 463.0M |
| Trading Financial Assets | -- | -- | 35.0M | 35.0M | 60.0M |
| Accounts Receivable | 512.0M | 378.0M | 427.0M | 376.0M | 356.0M |
| Notes Receivable | 15.8M | 29.0M | 25.1M | 25.3M | 15.1M |
| Notes And Accounts Receivable | 528.0M | 407.0M | 452.0M | 401.0M | 371.0M |
| Prepayments | 29.7M | 63.1M | 89.0M | 123.0M | 92.2M |
| Inventory | 356.0M | 541.0M | 548.0M | 535.0M | 458.0M |
| Total Current Assets | 3.0B | 3.3B | 3.3B | 2.6B | 2.0B |
| Long Term Equity Investment | 80.6M | 79.5M | 78.9M | 74.5M | 54.6M |
| Fixed Assets | -- | 160.0M | 176.0M | 193.0M | 211.0M |
| Fixed Assets Total | 143.0M | 160.0M | 176.0M | 193.0M | 211.0M |
| Construction In Progress | -- | -- | 393,900 | -- | -- |
| Construction In Progress Total | -- | -- | 393,900 | -- | -- |
| Intangible Assets | 37.5M | 18.1M | 20.6M | 16.3M | 18.2M |
| Long Term Deferred Expenses | 6.6M | 9.1M | 8.8M | 8.9M | 9.1M |
| Total Non Current Assets | 401.0M | 472.0M | 603.0M | 718.0M | 778.0M |
| Total Assets | 3.4B | 3.8B | 3.9B | 3.3B | 2.7B |
| Short Term Borrowings | 152.0M | 298.0M | 312.0M | 339.0M | 310.0M |
| Accounts Payable | 404.0M | 416.0M | 487.0M | 500.0M | 373.0M |
| Advance Receipts | 2.4M | 522,600 | 287,600 | 285,000 | 929,000 |
| Contract Liabilities | 89.5M | 134.0M | 149.0M | 207.0M | 127.0M |
| Total Current Liabilities | 975.0M | 1.2B | 1.3B | 1.2B | 938.0M |
| Long Term Borrowings | 1.1B | 1.1B | 1.0B | 433.0M | 50.1M |
| Total Non Current Liabilities | 1.1B | 1.2B | 1.0B | 461.0M | 60.0M |
| Total Liabilities | 2.1B | 2.3B | 2.3B | 1.7B | 998.0M |
| Paid In Capital | 496.0M | 496.0M | 496.0M | 497.0M | 497.0M |
| Capital Reserve | 788.0M | 788.0M | 788.0M | 786.0M | 787.0M |
| Surplus Reserve | 95.8M | 91.0M | 88.6M | 84.7M | 79.7M |
| Retained Earnings | -60.3M | 41.7M | 159.0M | 250.0M | 320.0M |
| Minority Equity | 48.2M | 48.8M | 49.4M | 49.6M | 46.3M |
| Equity Attributable | 1.3B | 1.4B | 1.5B | 1.6B | 1.7B |
| Total Equity | 1.3B | 1.4B | 1.6B | 1.7B | 1.7B |
| 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 | 756.0M | 954.0M | 976.0M | 1.1B | 1.0B |
| Tax Refunds Received | 25.6M | 33.6M | 101.0M | 16.6M | 17.6M |
| Total Operating Cash Inflow | 799.0M | 996.0M | 1.1B | 1.2B | 1.1B |
| Cash Paid For Goods | 234.0M | 670.0M | 1.1B | 1.1B | 473.0M |
| Cash Paid To Employees | 268.0M | 286.0M | 274.0M | 270.0M | 225.0M |
| Taxes Paid | 46.8M | 76.9M | 66.1M | 74.9M | 78.8M |
| Total Operating Cash Outflow | 688.0M | 1.2B | 1.5B | 1.7B | 956.0M |
| Operating Cash Flow | 111.0M | -202.0M | -412.0M | -504.0M | 139.0M |
| Total Investing Cash Inflow | 45.5M | 172.0M | 220.0M | 308.0M | 449.0M |
| Total Investing Cash Outflow | 67.0M | 166.0M | 249.0M | 330.0M | 734.0M |
| Investing Cash Flow | -21.5M | 5.6M | -28.2M | -22.3M | -285.0M |
| Cash From Borrowings | 208.0M | 528.0M | 1.0B | 854.0M | 482.0M |
| Dividends And Interest Paid | 70.0M | 73.1M | 56.5M | 34.4M | 17.3M |
| Debt Repayments | 379.0M | 423.0M | 414.0M | 442.0M | 236.0M |
| Total Financing Cash Inflow | 208.0M | 528.0M | 1.0B | 862.0M | 527.0M |
| Total Financing Cash Outflow | 452.0M | 502.0M | 478.0M | 481.0M | 259.0M |
| Financing Cash Flow | -244.0M | 26.6M | 538.0M | 381.0M | 268.0M |
| Net Change In Cash | -153.0M | -171.0M | 101.0M | -146.0M | 117.0M |
| Ending Cash Balance | 85.9M | 239.0M | 410.0M | 309.0M | 455.0M |
| Capex | 16.5M | 28.8M | 25.1M | 29.3M | 201.0M |