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 | 630.0M | 936.0M | 714.0M | 875.0M | 478.0M |
| Revenue Growth % | -32.7% | 31.1% | -18.4% | 83.1% | -- |
| Total Revenue | 630.0M | 936.0M | 714.0M | 875.0M | 478.0M |
| Cost Of Revenue | 476.0M | 746.0M | 567.0M | 651.0M | 359.0M |
| Gross Profit | 154.0M | 190.0M | 147.0M | 224.0M | 119.0M |
| Gross Margin % | 24.4% | 20.3% | 20.6% | 25.6% | 24.9% |
| Total Operating Cost | 735.0M | 1.0B | 861.0M | 876.0M | 669.0M |
| Selling Expenses | 68.5M | 68.4M | 86.3M | 83.0M | 91.7M |
| Admin Expenses | 121.0M | 99.0M | 87.9M | 80.7M | 78.4M |
| Rd Expenses | 38.0M | 40.6M | 52.9M | 42.1M | 32.1M |
| Finance Expenses | 5.1M | 16.7M | 18.1M | 15.6M | 9.5M |
| Operating Income | -89.9M | -46.5M | -141.0M | 12.3M | -188.0M |
| Operating Margin % | -14.3% | -5.0% | -19.7% | 1.4% | -39.3% |
| Non Operating Income | 1.3M | 2.9M | 2.4M | 2.9M | 932,400 |
| Non Operating Expenses | 8.8M | 6.8M | 2.5M | 484,600 | 10.5M |
| Investment Income | -974,200 | -2.0M | 434,100 | 963,100 | -6.0M |
| Fair Value Change Income | 15,400 | -- | -- | -- | -- |
| Asset Disposal Income | 165,700 | 10.1M | -4.2M | 192,700 | 356,600 |
| Asset Impairment Loss | 7.5M | 19.0M | 34.0M | 3.2M | 94.6M |
| Other Income | 15.5M | 12.0M | 9.7M | 12.0M | 7.7M |
| Income Before Tax | -97.3M | -50.4M | -141.0M | 14.7M | -198.0M |
| Income Tax | -516,700 | 6.0M | 819,400 | 2.6M | 821,500 |
| Net Income | -96.8M | -56.5M | -142.0M | 12.1M | -199.0M |
| Net Margin % | -15.4% | -6.0% | -19.9% | 1.4% | -41.6% |
| Net Income Attributable | -82.4M | -70.2M | -136.0M | 10.9M | -168.0M |
| Minority Interest | -14.4M | 13.7M | -6.5M | 1.2M | -31.0M |
| Eps Basic | -0.20 | -0.18 | -0.35 | 0.03 | -0.46 |
| Eps Diluted | -0.20 | -0.18 | -0.35 | 0.03 | -0.46 |
| 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 | 184.0M | 349.0M | 134.0M | 142.0M | 136.0M |
| Trading Financial Assets | 4.0M | -- | -- | -- | -- |
| Accounts Receivable | 256.0M | 304.0M | 232.0M | 241.0M | 168.0M |
| Notes Receivable | 30.1M | 19.6M | 9.3M | 8.8M | 7.5M |
| Notes And Accounts Receivable | 286.0M | 324.0M | 241.0M | 250.0M | 176.0M |
| Prepayments | 19.7M | 23.6M | 20.0M | 32.3M | 24.8M |
| Inventory | 430.0M | 433.0M | 693.0M | 564.0M | 425.0M |
| Total Current Assets | 1.0B | 1.2B | 1.1B | 1.0B | 838.0M |
| Long Term Equity Investment | 40.1M | 42.3M | 34.6M | 37.2M | 15.7M |
| Fixed Assets | -- | 736.0M | 769.0M | 783.0M | 744.0M |
| Fixed Assets Total | 726.0M | 736.0M | 769.0M | 783.0M | 744.0M |
| Construction In Progress | -- | 92.6M | 29.2M | 31.0M | 36.3M |
| Construction In Progress Total | 120.0M | 92.6M | 29.2M | 31.0M | 36.3M |
| Intangible Assets | 80.9M | 85.3M | 90.0M | 27.8M | 27.4M |
| Long Term Deferred Expenses | 568,700 | 742,900 | 741,100 | 980,700 | 782,900 |
| Total Non Current Assets | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Total Assets | 2.2B | 2.4B | 2.3B | 2.2B | 1.9B |
| Short Term Borrowings | 86.1M | 139.0M | 248.0M | 227.0M | 116.0M |
| Accounts Payable | 263.0M | 265.0M | 255.0M | 297.0M | 210.0M |
| Advance Receipts | 75.2M | 48.2M | 18.0M | 13.3M | 10.3M |
| Contract Liabilities | 392.0M | 344.0M | 409.0M | 303.0M | 272.0M |
| Total Current Liabilities | 1.0B | 1.0B | 1.1B | 988.0M | 750.0M |
| Long Term Borrowings | -- | 49.6M | 20.0M | 63.0M | 65.0M |
| Total Non Current Liabilities | 38.8M | 90.2M | 70.6M | 103.0M | 84.7M |
| Total Liabilities | 1.0B | 1.1B | 1.2B | 1.1B | 834.0M |
| Paid In Capital | 404.0M | 404.0M | 386.0M | 365.0M | 365.0M |
| Capital Reserve | 1.0B | 1.0B | 798.0M | 673.0M | 673.0M |
| Surplus Reserve | 92.8M | 92.8M | 92.8M | 92.8M | 92.8M |
| Retained Earnings | -359.0M | -276.0M | -206.0M | -70.4M | -81.3M |
| Minority Equity | 42.0M | 62.1M | 43.2M | 31.3M | 28.1M |
| Equity Attributable | 1.1B | 1.2B | 1.1B | 1.1B | 1.1B |
| Total Equity | 1.2B | 1.3B | 1.1B | 1.1B | 1.1B |
| 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 | 718.0M | 781.0M | 779.0M | 847.0M | 663.0M |
| Tax Refunds Received | 1.4M | 811,200 | 9.6M | 6.4M | 8.7M |
| Total Operating Cash Inflow | 763.0M | 809.0M | 837.0M | 890.0M | 699.0M |
| Cash Paid For Goods | 349.0M | 369.0M | 612.0M | 646.0M | 529.0M |
| Cash Paid To Employees | 161.0M | 163.0M | 169.0M | 140.0M | 104.0M |
| Taxes Paid | 41.9M | 38.4M | 26.0M | 18.7M | 13.1M |
| Total Operating Cash Outflow | 647.0M | 692.0M | 881.0M | 918.0M | 731.0M |
| Operating Cash Flow | 116.0M | 117.0M | -44.1M | -27.7M | -31.6M |
| Total Investing Cash Inflow | 214.0M | 228.0M | 490.0M | 406.0M | 415.0M |
| Total Investing Cash Outflow | 313.0M | 325.0M | 583.0M | 478.0M | 489.0M |
| Investing Cash Flow | -98.6M | -97.5M | -92.7M | -72.6M | -74.5M |
| Cash From Borrowings | 277.0M | 307.0M | 365.0M | 276.0M | 243.0M |
| Dividends And Interest Paid | 11.7M | 23.0M | 26.8M | 15.3M | 10.8M |
| Debt Repayments | 401.0M | 371.0M | 366.0M | 167.0M | 149.0M |
| Total Financing Cash Inflow | 277.0M | 563.0M | 547.0M | 279.0M | 403.0M |
| Total Financing Cash Outflow | 447.0M | 416.0M | 399.0M | 189.0M | 271.0M |
| Financing Cash Flow | -170.0M | 148.0M | 148.0M | 90.2M | 133.0M |
| Net Change In Cash | -152.0M | 167.0M | 11.1M | -10.1M | 25.5M |
| Ending Cash Balance | 143.0M | 295.0M | 128.0M | 117.0M | 127.0M |
| Capex | 89.8M | 92.9M | 94.8M | 51.8M | 56.6M |