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 | 131.0M | 129.0M | 400.0M | 684.0M | 443.0M |
| Revenue Growth % | 1.6% | -67.8% | -41.5% | 54.4% | -- |
| Total Revenue | 131.0M | 129.0M | 400.0M | 684.0M | 443.0M |
| Cost Of Revenue | 135.0M | 110.0M | 225.0M | 467.0M | 309.0M |
| Gross Profit | -4.0M | 19.0M | 175.0M | 217.0M | 134.0M |
| Gross Margin % | -3.1% | 14.7% | 43.8% | 31.7% | 30.2% |
| Total Operating Cost | 540.0M | 355.0M | 654.0M | 1.0B | 847.0M |
| Selling Expenses | 6.8M | 11.3M | 14.4M | 18.8M | 22.6M |
| Admin Expenses | 66.0M | 74.5M | 68.7M | 72.3M | 54.1M |
| Rd Expenses | 37.0M | 54.9M | 58.2M | 69.5M | 41.4M |
| Finance Expenses | 24.3M | 16.0M | 8.3M | 12.5M | 12.6M |
| Operating Income | -375.0M | -216.0M | -256.0M | -306.0M | -388.0M |
| Operating Margin % | -286.3% | -167.4% | -64.0% | -44.7% | -87.6% |
| Non Operating Income | 2.5M | 2.8M | 1.1M | 6.8M | 6.8M |
| Non Operating Expenses | 15.9M | 689,400 | 1.0M | 849,300 | 794,900 |
| Investment Income | 33.1M | 1.0M | -1.6M | -336,000 | -1.1M |
| Fair Value Change Income | -750,000 | -- | -7.0M | -- | -1.5M |
| Asset Disposal Income | -491,000 | 6.0M | 1.5M | 7,600 | 130,700 |
| Asset Impairment Loss | 151.0M | 39.0M | 27.1M | 294.0M | 349.0M |
| Other Income | 2.7M | 2.7M | 6.1M | 11.1M | 18.4M |
| Income Before Tax | -388.0M | -214.0M | -256.0M | -300.0M | -382.0M |
| Income Tax | 58.4M | 17.5M | -31.5M | -1.7M | 1.7M |
| Net Income | -446.0M | -232.0M | -224.0M | -298.0M | -384.0M |
| Net Margin % | -340.5% | -179.8% | -56.0% | -43.6% | -86.7% |
| Net Income Attributable | -442.0M | -216.0M | -202.0M | -276.0M | -371.0M |
| Minority Interest | -4.8M | -15.3M | -22.5M | -22.3M | -13.4M |
| Eps Basic | -1.60 | -0.79 | -0.73 | -1.10 | -1.82 |
| Eps Diluted | -1.60 | -0.79 | -0.73 | -1.10 | -1.82 |
| 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 | 13.4M | 79.5M | 55.1M | 59.5M | 24.7M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 221.0M | 360.0M | 458.0M | 583.0M | 385.0M |
| Notes Receivable | 17.3M | 22.5M | 24.3M | 59.6M | 343,500 |
| Notes And Accounts Receivable | 239.0M | 383.0M | 482.0M | 642.0M | 385.0M |
| Prepayments | 10.0M | 9.7M | 18.8M | 46.1M | 13.5M |
| Inventory | 181.0M | 208.0M | 128.0M | 134.0M | 205.0M |
| Total Current Assets | 509.0M | 756.0M | 809.0M | 1.1B | 819.0M |
| Long Term Equity Investment | -- | 4.0M | 4.0M | 4.1M | 7.5M |
| Fixed Assets | -- | 221.0M | 177.0M | 156.0M | 170.0M |
| Fixed Assets Total | 335.0M | 221.0M | 177.0M | 156.0M | 170.0M |
| Construction In Progress | -- | 161.0M | 253.0M | 236.0M | 50.7M |
| Construction In Progress Total | 3.6M | 161.0M | 253.0M | 236.0M | 50.7M |
| Intangible Assets | 42.2M | 33.5M | 54.7M | 65.6M | 77.6M |
| Long Term Deferred Expenses | 936,200 | 1.9M | 2.6M | 3.0M | 319,200 |
| Total Non Current Assets | 504.0M | 667.0M | 768.0M | 613.0M | 609.0M |
| Total Assets | 1.0B | 1.4B | 1.6B | 1.7B | 1.4B |
| Short Term Borrowings | 121.0M | 119.0M | 108.0M | 137.0M | 213.0M |
| Accounts Payable | 252.0M | 269.0M | 250.0M | 223.0M | 154.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 103.0M | 108.0M | 71.0M | 128.0M | 40.3M |
| Total Current Liabilities | 863.0M | 776.0M | 639.0M | 673.0M | 671.0M |
| Long Term Borrowings | 15.0M | 58.5M | 92.5M | -- | -- |
| Total Non Current Liabilities | 147.0M | 203.0M | 268.0M | 110.0M | 32.0M |
| Total Liabilities | 1.0B | 979.0M | 907.0M | 783.0M | 703.0M |
| Paid In Capital | 275.0M | 275.0M | 267.0M | 267.0M | 207.0M |
| Capital Reserve | 1.1B | 1.1B | 1.0B | 1.0B | 634.0M |
| Surplus Reserve | 27.7M | 27.7M | 27.7M | 27.7M | 27.7M |
| Retained Earnings | -1.3B | -844.0M | -627.0M | -426.0M | -150.0M |
| Minority Equity | -23.6M | -32.4M | -17.1M | 5.3M | 27.6M |
| Equity Attributable | 26.7M | 476.0M | 687.0M | 883.0M | 697.0M |
| Total Equity | 3.1M | 444.0M | 670.0M | 889.0M | 724.0M |
| 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 | 178.0M | 332.0M | 475.0M | 488.0M | 210.0M |
| Tax Refunds Received | 402,800 | 26.3M | 5.8M | 4.8M | 4.3M |
| Total Operating Cash Inflow | 186.0M | 375.0M | 492.0M | 526.0M | 237.0M |
| Cash Paid For Goods | 193.0M | 271.0M | 319.0M | 288.0M | 125.0M |
| Cash Paid To Employees | 92.7M | 99.2M | 105.0M | 113.0M | 89.6M |
| Taxes Paid | 5.0M | 36.2M | 43.2M | 43.0M | 53.1M |
| Total Operating Cash Outflow | 336.0M | 442.0M | 524.0M | 529.0M | 316.0M |
| Operating Cash Flow | -151.0M | -66.4M | -31.6M | -3.2M | -78.4M |
| Total Investing Cash Inflow | 16.5M | 55.1M | 2.0M | 833,400 | 632,400 |
| Total Investing Cash Outflow | 7.4M | 7.4M | 96.8M | 267.0M | 66.3M |
| Investing Cash Flow | 9.1M | 47.7M | -94.8M | -267.0M | -65.6M |
| Cash From Borrowings | 127.0M | 209.0M | 204.0M | 186.0M | 347.0M |
| Dividends And Interest Paid | 7.7M | 11.4M | 12.1M | 11.8M | 20.4M |
| Debt Repayments | 118.0M | 204.0M | 165.0M | 360.0M | 237.0M |
| Total Financing Cash Inflow | 365.0M | 342.0M | 312.0M | 710.0M | 378.0M |
| Total Financing Cash Outflow | 297.0M | 296.0M | 193.0M | 402.0M | 267.0M |
| Financing Cash Flow | 67.8M | 46.6M | 119.0M | 307.0M | 111.0M |
| Net Change In Cash | -73.7M | 28.2M | -7.1M | 37.4M | -33.4M |
| Ending Cash Balance | 3.4M | 77.0M | 48.9M | 56.0M | 18.6M |
| Capex | 7.4M | 7.4M | 93.3M | 266.0M | 54.3M |