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 | 1.6B | 755.0M | 2.3B | 6.5B | 7.0B |
| Revenue Growth % | 108.2% | -66.8% | -65.2% | -6.7% | -- |
| Total Revenue | 1.6B | 755.0M | 2.3B | 6.5B | 7.0B |
| Cost Of Revenue | 1.5B | 677.0M | 2.1B | 6.3B | 6.7B |
| Gross Profit | 114.0M | 78.0M | 185.0M | 186.0M | 291.0M |
| Gross Margin % | 7.3% | 10.3% | 8.1% | 2.8% | 4.2% |
| Total Operating Cost | 1.7B | 917.0M | 2.3B | 6.7B | 7.4B |
| Selling Expenses | 110.0M | 124.0M | 107.0M | 175.0M | 135.0M |
| Admin Expenses | 64.0M | 80.4M | 67.2M | 126.0M | 106.0M |
| Rd Expenses | 5.1M | 7.5M | 25.7M | 40.6M | 39.1M |
| Finance Expenses | -47,500 | 2.3M | 10.2M | 53.2M | 39.7M |
| Operating Income | -146.0M | -166.0M | -33.0M | -181.0M | -355.0M |
| Operating Margin % | -9.3% | -22.0% | -1.5% | -2.8% | -5.1% |
| Non Operating Income | 21.0M | 18.0M | 29.1M | 2.5M | 5.5M |
| Non Operating Expenses | 7.6M | 2.1M | 7.1M | 1.3M | 239,600 |
| Investment Income | 1.0M | -7.1M | -5.4M | -1.8M | 670,400 |
| Fair Value Change Income | -354,900 | -1.5M | -901,700 | 69,200 | -279,000 |
| Asset Disposal Income | 825,900 | 2.0M | 1.8M | 7,200 | 510,100 |
| Asset Impairment Loss | 60.2M | 14.9M | 9.4M | 32.5M | 294.0M |
| Other Income | 576,200 | 2.6M | 14.0M | 38.2M | 18.2M |
| Income Before Tax | -133.0M | -150.0M | -10.9M | -180.0M | -350.0M |
| Income Tax | 4.4M | -247,900 | -1.4M | 34.4M | 10.9M |
| Net Income | -137.0M | -150.0M | -9.5M | -215.0M | -361.0M |
| Net Margin % | -8.7% | -19.9% | -0.4% | -3.3% | -5.2% |
| Net Income Attributable | -106.0M | -95.5M | 16.5M | -194.0M | -368.0M |
| Minority Interest | -31.2M | -54.2M | -26.0M | -20.8M | 7.2M |
| Eps Basic | -0.17 | -0.15 | 0.03 | -0.31 | -0.58 |
| Eps Diluted | -0.17 | -0.15 | 0.03 | -0.31 | -0.58 |
| 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 | 82.3M | 235.0M | 99.2M | 49.7M | 415.0M |
| Accounts Receivable | 164.0M | 68.6M | 318.0M | 1.0B | 1.2B |
| Notes Receivable | -- | -- | 1.3M | 998,900 | -- |
| Notes And Accounts Receivable | 164.0M | 68.6M | 319.0M | 1.0B | 1.2B |
| Prepayments | 71.6M | 51.7M | 97.7M | 177.0M | 189.0M |
| Inventory | 4.7M | 4.3M | 4.8M | 2.9M | -- |
| Total Current Assets | 372.0M | 456.0M | 632.0M | 1.4B | 2.1B |
| Long Term Equity Investment | 13.4M | 16.7M | 33.1M | 31.9M | 8.9M |
| Fixed Assets | -- | 4.6M | 2.8M | 2.8M | 3.8M |
| Fixed Assets Total | 3.4M | 4.6M | 2.8M | 2.8M | 3.8M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 171,200 | 282,900 | 168,300 | 343,900 | 664,500 |
| Long Term Deferred Expenses | 3.1M | 12.3M | 9.1M | 7.1M | 6.6M |
| Total Non Current Assets | 63.8M | 104.0M | 106.0M | 169.0M | 134.0M |
| Total Assets | 435.0M | 560.0M | 737.0M | 1.5B | 2.2B |
| Short Term Borrowings | -- | -- | 20.0M | 376.0M | 480.0M |
| Accounts Payable | 84.6M | 30.2M | 54.2M | 97.4M | 290.0M |
| Advance Receipts | 88.6M | 111.0M | 90.4M | 401.0M | 390.0M |
| Contract Liabilities | 1.7M | 3.2M | -- | -- | -- |
| Total Current Liabilities | 215.0M | 193.0M | 231.0M | 1.0B | 1.5B |
| Total Non Current Liabilities | 6.7M | 23.9M | 29.3M | 15.4M | 3.2M |
| Total Liabilities | 222.0M | 217.0M | 260.0M | 1.0B | 1.5B |
| Paid In Capital | 635.0M | 635.0M | 635.0M | 635.0M | 635.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Surplus Reserve | 16.6M | 16.6M | 16.6M | 16.6M | 16.6M |
| Retained Earnings | -1.6B | -1.5B | -1.4B | -1.4B | -1.2B |
| Minority Equity | -83.7M | -65.6M | -14.8M | 8.3M | 20.7M |
| Equity Attributable | 297.0M | 409.0M | 492.0M | 488.0M | 683.0M |
| Total Equity | 214.0M | 343.0M | 477.0M | 497.0M | 704.0M |
| 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 | 1.7B | 1.1B | 2.9B | 7.2B | 7.5B |
| Tax Refunds Received | -- | 3.5M | 971,800 | 3.0M | 2.1M |
| Total Operating Cash Inflow | 1.7B | 1.2B | 2.9B | 7.3B | 7.6B |
| Cash Paid For Goods | 1.6B | 731.0M | 2.2B | 7.0B | 7.2B |
| Cash Paid To Employees | 105.0M | 119.0M | 116.0M | 152.0M | 136.0M |
| Taxes Paid | 4.6M | 926,400 | 6.4M | 9.1M | 8.6M |
| Total Operating Cash Outflow | 1.8B | 975.0M | 2.5B | 7.5B | 7.5B |
| Operating Cash Flow | -136.0M | 205.0M | 398.0M | -163.0M | 24.4M |
| Total Investing Cash Inflow | 4.6M | 3.8M | 110.0M | 134.0M | 69.8M |
| Total Investing Cash Outflow | 2.1M | 30.7M | 45.8M | 50.4M | 8.6M |
| Investing Cash Flow | 2.5M | -26.9M | 64.7M | 83.6M | 61.3M |
| Cash From Borrowings | -- | -- | 30.0M | 560.0M | 567.0M |
| Dividends And Interest Paid | -- | 184,200 | 5.8M | 38.3M | 22.8M |
| Debt Repayments | -- | 20.0M | 386.0M | 564.0M | 435.0M |
| Total Financing Cash Inflow | 275,200 | 3.7M | 41.6M | 780.0M | 783.0M |
| Total Financing Cash Outflow | 19.8M | 47.4M | 454.0M | 972.0M | 847.0M |
| Financing Cash Flow | -19.5M | -43.7M | -412.0M | -192.0M | -63.8M |
| Net Change In Cash | -152.0M | 135.0M | 49.5M | -270.0M | 21.8M |
| Ending Cash Balance | 73.0M | 225.0M | 89.9M | 40.4M | 311.0M |
| Capex | 2.0M | 16.9M | 8.4M | 10.2M | 8.6M |