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 | 1.0B | 1.2B | 251.0M | 158.0M | 149.0M |
| Revenue Growth % | -12.2% | 368.1% | 58.9% | 6.0% | -- |
| Total Revenue | 1.0B | 1.2B | 251.0M | 158.0M | 149.0M |
| Cost Of Revenue | 1.1B | 1.1B | 215.0M | 119.0M | 107.0M |
| Gross Profit | -114.0M | 64.0M | 36.0M | 39.0M | 42.0M |
| Gross Margin % | -11.0% | 5.4% | 14.3% | 24.7% | 28.2% |
| Total Operating Cost | 1.4B | 1.4B | 300.0M | 156.0M | 153.0M |
| Selling Expenses | 10.1M | 10.2M | 3.9M | 5.4M | 3.6M |
| Admin Expenses | 82.3M | 85.7M | 43.4M | 30.3M | 27.2M |
| Rd Expenses | 43.2M | 53.1M | 7.7M | 5.4M | 2.5M |
| Finance Expenses | 54.1M | 16.0M | -727,100 | -140,500 | 441,500 |
| Operating Income | -401.0M | -265.0M | -44.2M | 5.4M | 5.4M |
| Operating Margin % | -38.9% | -22.6% | -17.6% | 3.4% | 3.6% |
| Non Operating Income | 834,900 | 2.0M | 719,300 | 1.1M | 389,600 |
| Non Operating Expenses | 560,100 | 571,300 | 534,200 | 172,100 | 143,300 |
| Investment Income | 4.6M | -623,600 | 2.4M | 1.8M | 1.7M |
| Fair Value Change Income | -- | -- | -- | 78,000 | -- |
| Asset Disposal Income | 323,600 | -85,600 | 7,400 | -38,000 | 6.0M |
| Asset Impairment Loss | 81.0M | 140.0M | 25.6M | 2.4M | 4.1M |
| Other Income | 2.5M | 1.3M | 2.2M | 1.8M | 1.9M |
| Income Before Tax | -400.0M | -263.0M | -44.0M | 6.3M | 5.6M |
| Income Tax | -57.7M | -24.7M | -4.6M | 1.8M | -139,500 |
| Net Income | -343.0M | -239.0M | -39.4M | 4.5M | 5.8M |
| Net Margin % | -33.2% | -20.3% | -15.7% | 2.9% | 3.9% |
| Net Income Attributable | -298.0M | -198.0M | -35.2M | 4.7M | 5.2M |
| Minority Interest | -45.2M | -40.4M | -4.2M | -176,900 | 597,800 |
| Eps Basic | -0.52 | -0.34 | -0.08 | 0.01 | 0.01 |
| Eps Diluted | -0.52 | -0.34 | -0.08 | 0.01 | 0.01 |
| 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 | 351.0M | 326.0M | 580.0M | 143.0M | 130.0M |
| Trading Financial Assets | -- | -- | -- | 5.1M | -- |
| Accounts Receivable | 157.0M | 132.0M | 63.2M | 62.3M | 68.0M |
| Notes Receivable | 144.0M | 276.0M | 105.0M | 37.7M | -- |
| Notes And Accounts Receivable | 301.0M | 408.0M | 168.0M | 100.0M | 68.0M |
| Prepayments | 58.3M | 94.2M | 15.8M | 2.6M | 3.6M |
| Inventory | 158.0M | 170.0M | 141.0M | 41.9M | 41.9M |
| Total Current Assets | 1.0B | 1.2B | 932.0M | 309.0M | 288.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 925.0M | 98.9M | 96.2M | 99.9M |
| Fixed Assets Total | 2.3B | 925.0M | 98.9M | 96.2M | 100.0M |
| Construction In Progress | -- | 112.0M | 114.0M | -- | 5.1M |
| Construction In Progress Total | 12.6M | 112.0M | 114.0M | -- | 5.1M |
| Intangible Assets | 130.0M | 53.6M | 19.4M | 19.2M | 20.4M |
| Long Term Deferred Expenses | 2.6M | 4.3M | 3.4M | 4.4M | -- |
| Total Non Current Assets | 2.6B | 1.3B | 401.0M | 264.0M | 271.0M |
| Total Assets | 3.6B | 2.4B | 1.3B | 573.0M | 559.0M |
| Short Term Borrowings | 462.0M | 129.0M | -- | -- | -- |
| Accounts Payable | 522.0M | 483.0M | 132.0M | 19.2M | 16.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 6.7M | 20.6M | 4.7M | 1.0M | 2.0M |
| Total Current Liabilities | 1.5B | 1.2B | 320.0M | 47.8M | 41.4M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.6B | 370.0M | 11.7M | 12.8M | 9.8M |
| Total Liabilities | 3.1B | 1.6B | 331.0M | 60.6M | 51.1M |
| Paid In Capital | 578.0M | 578.0M | 578.0M | 441.0M | 441.0M |
| Capital Reserve | 734.0M | 723.0M | 647.0M | 247.0M | 247.0M |
| Surplus Reserve | 22.6M | 22.6M | 22.6M | 22.6M | 22.6M |
| Retained Earnings | -737.0M | -439.0M | -241.0M | -206.0M | -211.0M |
| Minority Equity | -50.9M | -20.3M | 9.0M | 8.2M | 7.9M |
| Equity Attributable | 594.0M | 875.0M | 992.0M | 504.0M | 500.0M |
| Total Equity | 543.0M | 854.0M | 1.0B | 513.0M | 508.0M |
| 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 | 1.4B | 593.0M | 200.0M | 142.0M | 137.0M |
| Tax Refunds Received | 2.6M | 4.6M | 3.2M | 3.1M | 3.2M |
| Total Operating Cash Inflow | 1.4B | 615.0M | 210.0M | 149.0M | 143.0M |
| Cash Paid For Goods | 1.3B | 978.0M | 195.0M | 73.4M | 49.6M |
| Cash Paid To Employees | 190.0M | 121.0M | 43.2M | 35.1M | 28.8M |
| Taxes Paid | 16.0M | 10.5M | 8.7M | 7.9M | 11.4M |
| Total Operating Cash Outflow | 1.5B | 1.2B | 283.0M | 128.0M | 116.0M |
| Operating Cash Flow | -78.4M | -544.0M | -72.8M | 21.4M | 27.2M |
| Total Investing Cash Inflow | 24.1M | 8.4M | 637.0M | 678.0M | 436.0M |
| Total Investing Cash Outflow | 107.0M | 159.0M | 678.0M | 684.0M | 426.0M |
| Investing Cash Flow | -82.9M | -150.0M | -41.0M | -5.5M | 10.2M |
| Cash From Borrowings | 471.0M | 206.0M | -- | -- | -- |
| Dividends And Interest Paid | 8.4M | 5.5M | -- | -- | 396,300 |
| Debt Repayments | 194.0M | 500,000 | -- | -- | 41.0M |
| Total Financing Cash Inflow | 487.0M | 237.0M | 609.0M | 500,000 | -- |
| Total Financing Cash Outflow | 233.0M | 12.1M | 73.6M | 2.4M | 41.4M |
| Financing Cash Flow | 253.0M | 225.0M | 536.0M | -1.9M | -41.4M |
| Net Change In Cash | 92.6M | -469.0M | 423.0M | 13.8M | -4.5M |
| Ending Cash Balance | 189.0M | 96.7M | 566.0M | 143.0M | 130.0M |
| Capex | 86.1M | 154.0M | 50.7M | 3.4M | 7.8M |