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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 117.0M | 81.1M | 123.0M | 547.0M | 513.0M | 1.3B | 1.3B | 682.0M | 416.0M | 248.0M | 235.0M | 206.0M | 169.0M | 117.0M |
| Revenue Growth % | 44.2% | -34.0% | -77.5% | 6.6% | -59.0% | -4.2% | 91.6% | 63.9% | 67.7% | 5.5% | 14.1% | 21.9% | 44.4% | -- |
| Total Revenue | 117.0M | 81.1M | 123.0M | 547.0M | 513.0M | 1.3B | 1.3B | 682.0M | 416.0M | 248.0M | 235.0M | 206.0M | 169.0M | 117.0M |
| Cost Of Revenue | 89.9M | 67.1M | 140.0M | 472.0M | 359.0M | 664.0M | 616.0M | 322.0M | 200.0M | 121.0M | 119.0M | 106.0M | 82.5M | 59.7M |
| Gross Profit | 27.1M | 14.0M | -17.0M | 75.0M | 154.0M | 588.0M | 691.0M | 360.0M | 216.0M | 127.0M | 116.0M | 100.0M | 86.5M | 57.3M |
| Gross Margin % | 23.1% | 17.2% | -13.8% | 13.7% | 30.0% | 47.0% | 52.9% | 52.8% | 51.9% | 51.2% | 49.4% | 48.5% | 51.2% | 49.0% |
| Total Operating Cost | 263.0M | 373.0M | 553.0M | 940.0M | 904.0M | 1.1B | 909.0M | 478.0M | 298.0M | 191.0M | 180.0M | 154.0M | 119.0M | 80.2M |
| Selling Expenses | 14.1M | 19.5M | 45.4M | 78.7M | 68.8M | 82.7M | 59.0M | 42.5M | 26.7M | 16.7M | 17.3M | 16.2M | 13.1M | 9.9M |
| Admin Expenses | 59.1M | 63.1M | 75.3M | 113.0M | 142.0M | 123.0M | 93.4M | 57.4M | 46.6M | 30.6M | 27.6M | 21.5M | 16.4M | 8.7M |
| Rd Expenses | 3.0M | 12.6M | 14.9M | 44.7M | 47.8M | 57.1M | 45.3M | 15.6M | -- | -- | -- | -- | -- | -- |
| Finance Expenses | 30.8M | 24.3M | 26.5M | 42.2M | 41.6M | 976,800 | 29.8M | 10.2M | 2.6M | 5.2M | 3.4M | -1.2M | -94,000 | 771,500 |
| Operating Income | -131.0M | -297.0M | -429.0M | -528.0M | -383.0M | 205.0M | 405.0M | 204.0M | 118.0M | 56.9M | 54.6M | 52.7M | 50.5M | 36.8M |
| Operating Margin % | -112.0% | -366.1% | -348.8% | -96.5% | -74.7% | 16.4% | 31.0% | 29.9% | 28.4% | 22.9% | 23.2% | 25.6% | 29.9% | 31.5% |
| Non Operating Income | 9.8M | 730,300 | 2.9M | 2.0M | 799,600 | 1.9M | 218,000 | 493,200 | 749,200 | 1.8M | 3.4M | 1.3M | 506,300 | 84,100 |
| Non Operating Expenses | 9.4M | 3.4M | 1.5M | 1.4M | 3.1M | 412,700 | 3.3M | 2.1M | 178,000 | 23,400 | 116,400 | 63,400 | 153,700 | 395,600 |
| Investment Income | 19.5M | -6.7M | -406,200 | -11.6M | -1.9M | -1.8M | 2.1M | -- | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | -126.0M | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 166,100 | 831,800 | -469,800 | 395,700 | 220,400 | 499,500 | 184,000 | -15,000 | -87,800 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 35.5M | 57.8M | 91.7M | 102.0M | 75.4M | 5.6M | 61.4M | 28.4M | 19.7M | 9.6M | 6.2M | 4.4M | 1.4M | -2.9M |
| Other Income | -4.8M | 517,400 | 2.7M | 2.1M | 9.9M | 11.4M | 4.8M | 272,600 | -- | -- | -- | -- | -- | -- |
| Income Before Tax | -131.0M | -300.0M | -427.0M | -528.0M | -386.0M | 207.0M | 402.0M | 203.0M | 118.0M | 58.7M | 57.9M | 54.0M | 50.8M | 36.5M |
| Income Tax | -- | 76.7M | 47.7M | 14.0M | -48.4M | 25.7M | 57.5M | 29.8M | 17.5M | 9.0M | 10.3M | 8.0M | 8.4M | 6.7M |
| Net Income | -131.0M | -377.0M | -475.0M | -542.0M | -337.0M | 181.0M | 344.0M | 173.0M | 101.0M | 49.7M | 47.7M | 46.0M | 42.4M | 29.8M |
| Net Margin % | -112.0% | -464.7% | -386.2% | -99.1% | -65.7% | 14.5% | 26.3% | 25.4% | 24.3% | 20.0% | 20.3% | 22.3% | 25.1% | 25.5% |
| Net Income Attributable | -131.0M | -376.0M | -475.0M | -538.0M | -350.0M | 148.0M | 316.0M | 174.0M | 101.0M | 49.7M | 47.7M | 46.0M | 42.4M | 29.8M |
| Minority Interest | -131,500 | -48,800 | -64.00 | -4.0M | 12.9M | 33.4M | 28.3M | -893,900 | -- | -- | -- | -- | -40,100 | 7,100 |
| Eps Basic | -0.19 | -0.54 | -0.68 | -0.77 | -0.53 | 0.23 | 0.49 | 0.58 | 0.36 | 0.22 | 0.53 | 0.51 | 0.47 | -- |
| Eps Diluted | -0.19 | -0.54 | -0.68 | -0.77 | -0.53 | 0.23 | 0.49 | 0.58 | 0.36 | 0.22 | 0.53 | 0.51 | 0.47 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 158.0M | 17.4M | 77.7M | 254.0M | 410.0M | 717.0M | 576.0M | 98.4M | 52.7M | 24.6M | 19.2M | 19.7M | 14.5M | 26.6M |
| Trading Financial Assets | -- | 1.00 | -- | 1,000 | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 307.0M | 406.0M | 614.0M | 830.0M | 1.2B | 1.4B | 869.0M | 372.0M | 258.0M | 181.0M | 137.0M | 94.0M | 62.9M | 27.5M |
| Notes Receivable | -- | 134,500 | -- | 7.8M | 9.9M | 18.3M | 5.2M | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 307.0M | 406.0M | 614.0M | 837.0M | 1.2B | 1.4B | 874.0M | 372.0M | 258.0M | 181.0M | 137.0M | 94.0M | 62.9M | 27.5M |
| Prepayments | 2.6M | 1.7M | 1.9M | 647,900 | 8.0M | 7.0M | 2.5M | 4.5M | 4.6M | 3.4M | 2.5M | 1.0M | 765,300 | 1.2M |
| Inventory | 13.3M | 30.9M | 14.2M | 30.2M | 30.9M | 591.0M | 581.0M | 460.0M | 367.0M | 214.0M | 179.0M | 81.0M | 49.7M | 38.1M |
| Total Current Assets | 615.0M | 665.0M | 1.1B | 1.6B | 2.3B | 3.0B | 2.3B | 1.0B | 701.0M | 440.0M | 356.0M | 233.0M | 156.0M | 97.5M |
| Long Term Equity Investment | 1.7M | 2.0M | 2.5M | 2.0M | 38.4M | 45.1M | 12.3M | -- | -- | -- | -- | -- | -- | 11,300 |
| Fixed Assets | -- | 22.6M | 26.0M | -- | 44.7M | 48.4M | 62.5M | 45.5M | 28.4M | 18.5M | 17.0M | 17.3M | 7.3M | 6.7M |
| Fixed Assets Total | 19.9M | 22.6M | 26.0M | 31.5M | 44.7M | 48.4M | 62.5M | 45.5M | 28.4M | 18.5M | 17.0M | 17.3M | 7.3M | 6.7M |
| Construction In Progress | -- | 138.0M | 143.0M | -- | 110.0M | 7.2M | -- | 2.4M | 5.2M | 2.4M | 730,000 | 360,300 | 8.4M | 423,300 |
| Construction In Progress Total | 133.0M | 138.0M | 143.0M | 141.0M | 110.0M | 7.2M | -- | 2.4M | 5.2M | 2.4M | 730,000 | 360,300 | 8.4M | 423,300 |
| Intangible Assets | 12.7M | 13.4M | 14.1M | 14.6M | 18.4M | 18.2M | 9.8M | 5.2M | 5.3M | 5.4M | 5.5M | 5.6M | 5.8M | -- |
| Long Term Deferred Expenses | -- | 14,800 | 514,700 | 774,000 | 2.2M | 5.7M | 9.3M | 1.4M | 2.0M | -- | 26,400 | 141,600 | 301,400 | -- |
| Total Non Current Assets | 178.0M | 308.0M | 425.0M | 541.0M | 762.0M | 1.1B | 1.1B | 607.0M | 228.0M | 143.0M | 93.7M | 82.0M | 57.3M | 9.7M |
| Total Assets | 793.0M | 972.0M | 1.5B | 2.2B | 3.1B | 4.1B | 3.4B | 1.6B | 929.0M | 582.0M | 449.0M | 315.0M | 213.0M | 107.0M |
| Short Term Borrowings | 45.0M | 52.1M | 90.1M | 110.0M | 463.0M | 506.0M | 601.0M | 375.0M | 82.0M | 140.0M | 104.0M | 58.4M | 18.9M | 11.1M |
| Accounts Payable | 339.0M | 455.0M | 518.0M | 634.0M | 621.0M | 739.0M | 498.0M | 284.0M | 151.0M | 122.0M | 72.1M | 55.6M | 41.0M | 20.8M |
| Advance Receipts | -- | 122,600 | 122,600 | 122,600 | 1.0M | 41.3M | 28.8M | 1.7M | 1.3M | 909,400 | 78,800 | 308,400 | 1.0M | 8.9M |
| Contract Liabilities | 4.4M | 10.7M | 1.7M | 9.5M | 36.8M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 654.0M | 780.0M | 905.0M | 1.1B | 1.3B | 1.7B | 1.4B | 798.0M | 324.0M | 304.0M | 220.0M | 133.0M | 77.4M | 54.5M |
| Long Term Borrowings | 24.5M | 23.5M | 28.7M | 55.0M | 42.0M | -- | 50.0M | 50.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 41.8M | 47.9M | 51.5M | 92.6M | 273.0M | 279.0M | 89.6M | 77.3M | 13.9M | 3.7M | 3.9M | 4.1M | 4.0M | 410,000 |
| Total Liabilities | 696.0M | 827.0M | 956.0M | 1.2B | 1.6B | 1.9B | 1.5B | 876.0M | 337.0M | 307.0M | 224.0M | 137.0M | 81.4M | 54.9M |
| Paid In Capital | 696.0M | 696.0M | 696.0M | 696.0M | 655.0M | 655.0M | 345.0M | 300.0M | 300.0M | 90.0M | 90.0M | 90.0M | 90.0M | 20.1M |
| Capital Reserve | 822.0M | 739.0M | 739.0M | 739.0M | 533.0M | 534.0M | 845.0M | 25.9M | 25.9M | 8.1M | 8.1M | 8.1M | 8.1M | -- |
| Surplus Reserve | 57.6M | 57.6M | 57.6M | 57.6M | 57.6M | 86.7M | 75.0M | 46.8M | 29.4M | 19.1M | 14.1M | 9.1M | 4.3M | 3.2M |
| Retained Earnings | -1.5B | -1.3B | -972.0M | -497.0M | 86.7M | 734.0M | 615.0M | 362.0M | 236.0M | 158.0M | 113.0M | 70.2M | 29.0M | 28.3M |
| Minority Equity | 314,600 | 927,500 | 486,300 | 486,400 | 128.0M | 121.0M | 83.1M | 576,100 | -- | -- | -- | -- | -- | 694,300 |
| Equity Attributable | 96.4M | 144.0M | 521.0M | 995.0M | 1.3B | 2.0B | 1.9B | 735.0M | 591.0M | 275.0M | 225.0M | 177.0M | 131.0M | 51.5M |
| Total Equity | 96.8M | 145.0M | 521.0M | 996.0M | 1.5B | 2.1B | 2.0B | 735.0M | 591.0M | 275.0M | 225.0M | 177.0M | 131.0M | 52.2M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 | FY 2012Dec 31, 2012 | FY 2011Dec 31, 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 195.0M | 269.0M | 300.0M | 617.0M | 788.0M | 852.0M | 575.0M | 134.0M | 133.0M | 124.0M | 98.8M | 117.0M | 64.6M | 95.5M |
| Tax Refunds Received | 4.4M | -- | -- | 685,400 | 5.8M | 8.6M | 4.1M | -- | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 221.0M | 311.0M | 322.0M | 647.0M | 826.0M | 880.0M | 600.0M | 135.0M | 134.0M | 129.0M | 102.0M | 118.0M | 65.0M | 98.3M |
| Cash Paid For Goods | 122.0M | 157.0M | 222.0M | 348.0M | 723.0M | 480.0M | 519.0M | 187.0M | 145.0M | 76.8M | 78.1M | 81.9M | 67.4M | 45.2M |
| Cash Paid To Employees | 39.8M | 62.1M | 78.4M | 128.0M | 134.0M | 118.0M | 90.1M | 62.8M | 38.0M | 26.3M | 25.1M | 20.6M | 14.2M | 7.5M |
| Taxes Paid | 1.7M | 6.5M | 3.5M | 69.6M | 33.4M | 88.5M | 76.2M | 39.1M | 22.4M | 17.4M | 13.3M | 17.6M | 13.5M | 6.3M |
| Total Operating Cash Outflow | 215.0M | 289.0M | 358.0M | 672.0M | 998.0M | 834.0M | 801.0M | 371.0M | 250.0M | 146.0M | 143.0M | 146.0M | 113.0M | 72.6M |
| Operating Cash Flow | 5.9M | 22.2M | -35.4M | -25.1M | -173.0M | 46.3M | -201.0M | -236.0M | -117.0M | -16.5M | -41.3M | -27.4M | -48.4M | 25.8M |
| Total Investing Cash Inflow | 40.2M | 283,800 | 1.7M | 98.2M | 9.2M | 52.2M | 775,100 | 1,000 | 15,200 | -- | -- | -- | 4.0M | -- |
| Total Investing Cash Outflow | 113,200 | 43.8M | 31.6M | 82.5M | 29.3M | 114.0M | 311.0M | 30.2M | 12.4M | 2.9M | 1.7M | 7.4M | 9.9M | 1.8M |
| Investing Cash Flow | 40.1M | -43.5M | -30.0M | 15.7M | -20.2M | -61.9M | -310.0M | -30.2M | -12.4M | -2.9M | -1.7M | -7.4M | -6.0M | -1.8M |
| Cash From Borrowings | 24.5M | 111.0M | 122.0M | 165.0M | 631.0M | 893.0M | 822.0M | 414.0M | 82.0M | 172.0M | 138.0M | 98.4M | 29.4M | 12.0M |
| Dividends And Interest Paid | 5.1M | 24.5M | 25.9M | 39.6M | 70.7M | 60.8M | 68.9M | 41.2M | 17.0M | 7.6M | 6.0M | 2.2M | 836,600 | 699,200 |
| Debt Repayments | 34.5M | 120.0M | 179.0M | 439.0M | 656.0M | 771.0M | 667.0M | 82.3M | 140.0M | 136.0M | 92.4M | 58.9M | 21.6M | 10.0M |
| Total Financing Cash Inflow | 130.0M | 112.0M | 124.0M | 424.0M | 666.0M | 1.1B | 1.8B | 427.0M | 323.0M | 172.0M | 138.0M | 98.4M | 66.9M | 14.0M |
| Total Financing Cash Outflow | 50.1M | 153.0M | 238.0M | 553.0M | 771.0M | 847.0M | 870.0M | 134.0M | 171.0M | 143.0M | 98.4M | 61.1M | 25.2M | 12.8M |
| Financing Cash Flow | 79.9M | -40.9M | -114.0M | -129.0M | -105.0M | 257.0M | 889.0M | 293.0M | 152.0M | 28.6M | 39.5M | 37.3M | 41.7M | 1.2M |
| Net Change In Cash | 126.0M | -62.2M | -179.0M | -138.0M | -298.0M | 241.0M | 378.0M | 26.1M | 23.1M | 9.1M | -3.5M | 2.5M | -12.6M | 25.2M |
| Ending Cash Balance | 138.0M | 12.3M | 74.5M | 254.0M | 392.0M | 690.0M | 449.0M | 71.3M | 45.2M | 22.1M | 13.0M | 16.5M | 14.0M | 26.6M |
| Capex | 113,200 | 43.8M | 31.6M | 82.5M | 26.0M | 70.1M | 10.4M | 30.2M | 12.4M | 2.9M | 1.7M | 7.4M | 9.9M | 1.8M |