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 | 490.0M | 854.0M | 505.0M | 580.0M | 800.0M |
| Revenue Growth % | -42.6% | 69.1% | -12.9% | -27.5% | -- |
| Total Revenue | 490.0M | 854.0M | 505.0M | 580.0M | 800.0M |
| Cost Of Revenue | 366.0M | 658.0M | 394.0M | 433.0M | 497.0M |
| Gross Profit | 124.0M | 196.0M | 111.0M | 147.0M | 303.0M |
| Gross Margin % | 25.3% | 23.0% | 22.0% | 25.3% | 37.9% |
| Total Operating Cost | 814.0M | 865.0M | 540.0M | 905.0M | 789.0M |
| Selling Expenses | 105.0M | 78.3M | 73.7M | 75.5M | 93.3M |
| Admin Expenses | 113.0M | 106.0M | 88.1M | 87.2M | 74.6M |
| Rd Expenses | 20.2M | 17.7M | 12.0M | 13.3M | 15.7M |
| Finance Expenses | 32.9M | 4.1M | -20.1M | 42.6M | 77.7M |
| Operating Income | -296.0M | 60.8M | 60.4M | -197.0M | 16.9M |
| Operating Margin % | -60.4% | 7.1% | 12.0% | -34.0% | 2.1% |
| Non Operating Income | 39,200 | 3.9M | 51.2M | 12.5M | 47.4M |
| Non Operating Expenses | 3.6M | 4.9M | 21.0M | 49.7M | 27.9M |
| Investment Income | 22.7M | 48.4M | 54.2M | 123.0M | -4.5M |
| Fair Value Change Income | -8.6M | -- | -- | -- | -- |
| Asset Disposal Income | -2.6M | 357,400 | -1.0M | 1.5M | 6.2M |
| Asset Impairment Loss | 151.0M | 3.9M | 5.1M | 96.3M | 7.7M |
| Other Income | 17.0M | 23.6M | 42.0M | 3.2M | 4.1M |
| Income Before Tax | -300.0M | 59.7M | 90.6M | -235.0M | 36.4M |
| Income Tax | -121,600 | 24.7M | 469,300 | 8.6M | 5.9M |
| Net Income | -299.0M | 35.1M | 90.2M | -243.0M | 30.6M |
| Net Margin % | -61.0% | 4.1% | 17.9% | -41.9% | 3.8% |
| Net Income Attributable | -277.0M | 15.9M | 91.3M | -210.0M | 29.9M |
| Minority Interest | -22.4M | 19.1M | -1.2M | -33.5M | 645,300 |
| Eps Basic | -0.33 | 0.02 | 0.11 | -0.25 | 0.04 |
| Eps Diluted | -0.33 | 0.02 | 0.11 | -0.25 | 0.04 |
| 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 | 506.0M | 182.0M | 441.0M | 139.0M | 53.9M |
| Accounts Receivable | 473.0M | 442.0M | 311.0M | 509.0M | 835.0M |
| Notes Receivable | 2.7M | 12.3M | 2.2M | 1.9M | -- |
| Notes And Accounts Receivable | 476.0M | 455.0M | 314.0M | 511.0M | 835.0M |
| Prepayments | 35.5M | 20.5M | 14.7M | 15.2M | 9.5M |
| Inventory | 181.0M | 128.0M | 121.0M | 196.0M | 271.0M |
| Total Current Assets | 1.4B | 1.1B | 1.0B | 1.4B | 1.4B |
| Long Term Equity Investment | 236.0M | 561.0M | 445.0M | 379.0M | 254.0M |
| Fixed Assets | -- | 1.1B | 439.0M | 651.0M | 1.1B |
| Fixed Assets Total | 793.0M | 1.1B | 446.0M | 653.0M | 1.1B |
| Construction In Progress | -- | 4.7M | 313.0M | 393.0M | 462.0M |
| Construction In Progress Total | 20.1M | 4.7M | 313.0M | 393.0M | 522.0M |
| Intangible Assets | 9.6M | 28.0M | 29.0M | 29.4M | 31.5M |
| Long Term Deferred Expenses | 30.7M | 25.0M | 10.2M | 2.8M | 10.6M |
| Total Non Current Assets | 1.4B | 1.8B | 1.3B | 1.5B | 2.0B |
| Total Assets | 2.9B | 2.9B | 2.3B | 2.9B | 3.4B |
| Short Term Borrowings | 108.0M | 33.6M | -- | -- | -- |
| Accounts Payable | 151.0M | 217.0M | 149.0M | 276.0M | 438.0M |
| Advance Receipts | 97,500 | 73,100 | -- | -- | -- |
| Contract Liabilities | 1.4M | 1.5M | 1.1M | 1.5M | 4.0M |
| Total Current Liabilities | 771.0M | 626.0M | 442.0M | 1.1B | 1.3B |
| Long Term Borrowings | 159.0M | 282.0M | 53.8M | 82.8M | 107.0M |
| Total Non Current Liabilities | 512.0M | 451.0M | 87.8M | 116.0M | 125.0M |
| Total Liabilities | 1.3B | 1.1B | 530.0M | 1.2B | 1.4B |
| Paid In Capital | 830.0M | 826.0M | 824.0M | 824.0M | 824.0M |
| Capital Reserve | 3.4B | 3.4B | 3.4B | 3.4B | 3.4B |
| Surplus Reserve | 17.0M | 17.0M | 17.0M | 17.0M | 17.0M |
| Retained Earnings | -2.7B | -2.4B | -2.4B | -2.5B | -2.3B |
| Minority Equity | -23.5M | -1.1M | -19.5M | -19.9M | 13.6M |
| Equity Attributable | 1.6B | 1.9B | 1.8B | 1.7B | 1.9B |
| Total Equity | 1.6B | 1.9B | 1.8B | 1.7B | 2.0B |
| 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 | 663.0M | 615.0M | 1.0B | 547.0M | 671.0M |
| Tax Refunds Received | 25.2M | 35.2M | 50.3M | 33.0M | 17.5M |
| Total Operating Cash Inflow | 774.0M | 769.0M | 1.8B | 1.0B | 1.1B |
| Cash Paid For Goods | 579.0M | 664.0M | 430.0M | 446.0M | 534.0M |
| Cash Paid To Employees | 145.0M | 119.0M | 102.0M | 90.5M | 104.0M |
| Taxes Paid | 51.0M | 72.2M | 239.0M | 53.3M | 45.1M |
| Total Operating Cash Outflow | 983.0M | 1.1B | 1.2B | 705.0M | 856.0M |
| Operating Cash Flow | -210.0M | -368.0M | 531.0M | 318.0M | 230.0M |
| Total Investing Cash Inflow | 339.0M | 17.0M | 69.1M | 221.0M | 255.0M |
| Total Investing Cash Outflow | 70.8M | 268.0M | 188.0M | 290.0M | 114.0M |
| Investing Cash Flow | 269.0M | -251.0M | -119.0M | -69.0M | 141.0M |
| Cash From Borrowings | 482.0M | 488.0M | -- | -- | 46.9M |
| Dividends And Interest Paid | 21.2M | 12.2M | 11.8M | 18.7M | 50.7M |
| Debt Repayments | 154.0M | 141.0M | 24.4M | 39.4M | 326.0M |
| Total Financing Cash Inflow | 512.0M | 594.0M | -- | 61.0M | 195.0M |
| Total Financing Cash Outflow | 242.0M | 275.0M | 113.0M | 222.0M | 570.0M |
| Financing Cash Flow | 270.0M | 319.0M | -113.0M | -161.0M | -375.0M |
| Net Change In Cash | 330.0M | -299.0M | 301.0M | 86.6M | -4.4M |
| Ending Cash Balance | 454.0M | 124.0M | 423.0M | 121.0M | 34.7M |
| Capex | 49.1M | 146.0M | 146.0M | 289.0M | 41.1M |