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 | 402.0M | 351.0M | 502.0M | 559.0M | 1.2B |
| Revenue Growth % | 14.5% | -30.1% | -10.2% | -54.3% | -- |
| Total Revenue | 402.0M | 351.0M | 502.0M | 559.0M | 1.2B |
| Cost Of Revenue | 289.0M | 279.0M | 358.0M | 390.0M | 755.0M |
| Gross Profit | 113.0M | 72.0M | 144.0M | 169.0M | 468.0M |
| Gross Margin % | 28.1% | 20.5% | 28.7% | 30.2% | 38.3% |
| Total Operating Cost | 527.0M | 570.0M | 666.0M | 690.0M | 1.0B |
| Selling Expenses | 40.4M | 38.5M | 44.9M | 51.9M | 34.5M |
| Admin Expenses | 83.4M | 98.9M | 120.0M | 112.0M | 121.0M |
| Rd Expenses | 86.4M | 122.0M | 112.0M | 94.9M | 82.7M |
| Finance Expenses | 1.2M | -4.7M | -32.0M | 12.3M | 19.6M |
| Operating Income | -115.0M | -201.0M | -144.0M | -87.3M | 237.0M |
| Operating Margin % | -28.6% | -57.3% | -28.7% | -15.6% | 19.4% |
| Non Operating Income | 955,600 | 243,500 | 3.0M | 312,900 | 2.1M |
| Non Operating Expenses | 2.3M | 312,100 | 517,900 | 1.2M | 736,100 |
| Investment Income | -1.1M | 3.1M | 4.3M | 7.3M | 1.3M |
| Fair Value Change Income | -- | 127,800 | -105,000 | 296,000 | -- |
| Asset Disposal Income | 301,600 | 76,800 | 182,500 | -11,200 | -258,800 |
| Asset Impairment Loss | 15.8M | 22.5M | 15.7M | 24.4M | 3.7M |
| Other Income | 10.3M | 14.9M | 16.5M | 37.0M | 27.5M |
| Income Before Tax | -116.0M | -202.0M | -141.0M | -88.2M | 239.0M |
| Income Tax | 5.4M | 21.4M | 24.9M | -11.2M | 36.7M |
| Net Income | -122.0M | -223.0M | -166.0M | -76.9M | 202.0M |
| Net Margin % | -30.3% | -63.5% | -33.1% | -13.8% | 16.5% |
| Net Income Attributable | -105.0M | -196.0M | -151.0M | -72.1M | 103.0M |
| Minority Interest | -16.2M | -27.1M | -14.8M | -4.8M | 99.0M |
| Eps Basic | -0.20 | -0.38 | -0.29 | -0.15 | 0.24 |
| Eps Diluted | -0.20 | -0.38 | -0.29 | -0.15 | 0.24 |
| 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 | 92.9M | 318.0M | 352.0M | 633.0M | 120.0M |
| Trading Financial Assets | -- | 21.4M | 193.0M | 119.0M | 205.0M |
| Accounts Receivable | 165.0M | 125.0M | 157.0M | 184.0M | 255.0M |
| Notes Receivable | 8.9M | 20.3M | 28.3M | 44.6M | 83.7M |
| Notes And Accounts Receivable | 174.0M | 145.0M | 186.0M | 229.0M | 339.0M |
| Prepayments | 11.4M | 16.5M | 33.7M | 30.4M | 11.5M |
| Inventory | 303.0M | 289.0M | 254.0M | 257.0M | 257.0M |
| Total Current Assets | 659.0M | 865.0M | 1.1B | 1.3B | 972.0M |
| Long Term Equity Investment | 34.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 348.0M | 380.0M | 393.0M | 377.0M |
| Fixed Assets Total | 324.0M | 348.0M | 380.0M | 393.0M | 377.0M |
| Construction In Progress | -- | 763.0M | 524.0M | 298.0M | 68.7M |
| Construction In Progress Total | 933.0M | 763.0M | 524.0M | 298.0M | 68.7M |
| Intangible Assets | 209.0M | 222.0M | 221.0M | 212.0M | 190.0M |
| Long Term Deferred Expenses | 3.3M | 4.6M | 5.0M | 3.8M | 15.2M |
| Total Non Current Assets | 1.8B | 1.7B | 1.5B | 1.2B | 911.0M |
| Total Assets | 2.5B | 2.5B | 2.6B | 2.5B | 1.9B |
| Short Term Borrowings | 136.0M | 41.1M | 34.0M | 46.0M | 39.1M |
| Accounts Payable | 162.0M | 166.0M | 143.0M | 157.0M | 164.0M |
| Advance Receipts | 535,500 | 739,000 | 699,800 | 933,100 | 1.7M |
| Contract Liabilities | 79.5M | 86.5M | 52.0M | 41.4M | 26.6M |
| Total Current Liabilities | 788.0M | 546.0M | 410.0M | 491.0M | 369.0M |
| Long Term Borrowings | 137.0M | 245.0M | 188.0M | 38.4M | -- |
| Total Non Current Liabilities | 192.0M | 391.0M | 319.0M | 68.3M | 30.0M |
| Total Liabilities | 980.0M | 937.0M | 728.0M | 559.0M | 399.0M |
| Paid In Capital | 518.0M | 518.0M | 518.0M | 518.0M | 432.0M |
| Capital Reserve | 1.1B | 1.1B | 1.1B | 1.1B | 349.0M |
| Surplus Reserve | 40.8M | 40.8M | 40.8M | 40.8M | 40.8M |
| Retained Earnings | -109.0M | -3.2M | 193.0M | 345.0M | 417.0M |
| Minority Equity | -45.2M | -30.0M | -3.7M | 6.0M | 243.0M |
| Equity Attributable | 1.5B | 1.6B | 1.8B | 2.0B | 1.2B |
| Total Equity | 1.5B | 1.6B | 1.8B | 2.0B | 1.5B |
| 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 | 378.0M | 465.0M | 531.0M | 555.0M | 1.2B |
| Tax Refunds Received | 8.5M | 9.3M | 14.0M | 13.4M | 1.4M |
| Total Operating Cash Inflow | 404.0M | 497.0M | 575.0M | 610.0M | 1.3B |
| Cash Paid For Goods | 234.0M | 258.0M | 336.0M | 199.0M | 497.0M |
| Cash Paid To Employees | 207.0M | 234.0M | 237.0M | 243.0M | 277.0M |
| Taxes Paid | 14.8M | 19.2M | 26.1M | 55.7M | 136.0M |
| Total Operating Cash Outflow | 506.0M | 565.0M | 650.0M | 580.0M | 965.0M |
| Operating Cash Flow | -102.0M | -68.1M | -75.3M | 30.6M | 334.0M |
| Total Investing Cash Inflow | 96.8M | 581.0M | 963.0M | 1.4B | 738.0M |
| Total Investing Cash Outflow | 204.0M | 648.0M | 1.4B | 1.6B | 1.0B |
| Investing Cash Flow | -107.0M | -67.1M | -427.0M | -172.0M | -271.0M |
| Cash From Borrowings | 173.0M | 242.0M | 207.0M | 139.0M | 72.9M |
| Dividends And Interest Paid | 16.5M | 18.5M | 13.5M | 2.2M | 20.4M |
| Debt Repayments | 180.0M | 123.0M | 68.0M | 40.9M | 64.9M |
| Total Financing Cash Inflow | 205.0M | 244.0M | 332.0M | 718.0M | 73.3M |
| Total Financing Cash Outflow | 212.0M | 154.0M | 117.0M | 62.5M | 88.3M |
| Financing Cash Flow | -7.0M | 90.7M | 215.0M | 656.0M | -15.0M |
| Net Change In Cash | -215.0M | -44.3M | -279.0M | 511.0M | 45.8M |
| Ending Cash Balance | 92.9M | 308.0M | 352.0M | 632.0M | 120.0M |
| Capex | 133.0M | 248.0M | 308.0M | 266.0M | 78.0M |