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 | 161.0M | 250.0M | 515.0M | 480.0M | 204.0M |
| Revenue Growth % | -35.6% | -51.5% | 7.3% | 135.3% | -- |
| Total Revenue | 161.0M | 250.0M | 515.0M | 480.0M | 204.0M |
| Cost Of Revenue | 142.0M | 130.0M | 97.4M | 45.3M | 71.2M |
| Gross Profit | 19.0M | 120.0M | 417.6M | 434.7M | 132.8M |
| Gross Margin % | 11.8% | 48.0% | 81.1% | 90.6% | 65.1% |
| Total Operating Cost | 507.0M | 463.0M | 280.0M | 296.0M | 155.0M |
| Selling Expenses | 43.2M | 29.2M | 35.9M | 24.7M | 16.4M |
| Admin Expenses | 54.4M | 97.3M | 137.0M | 168.0M | 29.5M |
| Rd Expenses | 865,600 | -- | 16.9M | 18.6M | 16.0M |
| Finance Expenses | 1.6M | -8.2M | -4.8M | -7.0M | -1.7M |
| Operating Income | -334.0M | -208.0M | 108.0M | 347.0M | 120.0M |
| Operating Margin % | -207.5% | -83.2% | 21.0% | 72.3% | 58.8% |
| Non Operating Income | 564,700 | 1.2M | 91.9M | 20.7M | 67.4M |
| Non Operating Expenses | 1.1M | 640,700 | 619,200 | 1.1M | 2.0M |
| Investment Income | 6.3M | -4.2M | -71.1M | -3.5M | -6.7M |
| Fair Value Change Income | 3.8M | 9.6M | -76.0M | 162.0M | 7.5M |
| Asset Disposal Income | 9,700 | -142,500 | 232,700 | 1.2M | 65.1M |
| Asset Impairment Loss | 172.0M | 211.0M | 3.3M | 33.3M | 4.7M |
| Other Income | 1.1M | -620,900 | 19.9M | 3.8M | 5.3M |
| Income Before Tax | -335.0M | -207.0M | 199.0M | 367.0M | 186.0M |
| Income Tax | -3.7M | 36.4M | 39.3M | 78.6M | 19.0M |
| Net Income | -331.0M | -244.0M | 160.0M | 288.0M | 167.0M |
| Net Margin % | -205.6% | -97.6% | 31.1% | 60.0% | 81.9% |
| Net Income Attributable | -316.0M | -255.0M | 57.7M | 209.0M | 148.0M |
| Minority Interest | -15.1M | 11.4M | 102.0M | 79.0M | 18.9M |
| Eps Basic | -1.59 | -1.28 | 0.29 | 2.24 | 1.58 |
| Eps Diluted | -1.59 | -1.28 | 0.29 | 2.13 | 1.58 |
| 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 | 48.2M | 367.0M | 583.0M | 642.0M | 435.0M |
| Trading Financial Assets | 94.8M | 124.0M | 146.0M | -- | -- |
| Accounts Receivable | 6.6M | 11.5M | 8.7M | 73.7M | 47.9M |
| Notes Receivable | -- | -- | 5.0M | -- | -- |
| Notes And Accounts Receivable | 6.6M | 11.5M | 13.7M | 73.7M | 47.9M |
| Prepayments | 5.9M | 88.0M | 885,400 | 3.4M | 13.1M |
| Inventory | 12.5M | 9.8M | 13.7M | 2.1M | -- |
| Total Current Assets | 202.0M | 661.0M | 798.0M | 792.0M | 564.0M |
| Long Term Equity Investment | 43.3M | 106.0M | 291.0M | 18.8M | 44.8M |
| Fixed Assets | -- | 71.8M | -- | 78.5M | 87.9M |
| Fixed Assets Total | 54.9M | 71.8M | 77.5M | 78.5M | 87.9M |
| Construction In Progress | -- | 42.6M | -- | -- | -- |
| Construction In Progress Total | 92.7M | 42.6M | 6.5M | -- | -- |
| Intangible Assets | 396.0M | 396.0M | 383.0M | 653,900 | 1.3M |
| Long Term Deferred Expenses | 2.0M | 2.0M | -- | 5,300 | 16,000 |
| Total Non Current Assets | 872.0M | 970.0M | 1.2B | 920.0M | 785.0M |
| Total Assets | 1.1B | 1.6B | 1.9B | 1.7B | 1.3B |
| Short Term Borrowings | 20.5M | 79.9M | -- | -- | 50.1M |
| Accounts Payable | 32.6M | 28.2M | 32.2M | 14.3M | 2.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.2M | 2.7M | 3.5M | 16.6M | 18.2M |
| Total Current Liabilities | 102.0M | 190.0M | 218.0M | 380.0M | 342.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 53.4M | 61.9M | 62.7M | 104.0M | 119.0M |
| Total Liabilities | 155.0M | 252.0M | 281.0M | 484.0M | 461.0M |
| Paid In Capital | 199.0M | 199.0M | 142.0M | 102.0M | 102.0M |
| Capital Reserve | 482.0M | 505.0M | 537.0M | 579.0M | 487.0M |
| Surplus Reserve | 71.2M | 71.2M | 71.2M | 50.9M | 50.9M |
| Retained Earnings | 25.8M | 342.0M | 607.0M | 590.0M | 380.0M |
| Minority Equity | 140.0M | 261.0M | 386.0M | 56.5M | 21.7M |
| Equity Attributable | 779.0M | 1.1B | 1.3B | 1.2B | 867.0M |
| Total Equity | 919.0M | 1.4B | 1.7B | 1.2B | 888.0M |
| 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 | 333.0M | 417.0M | 538.0M | 473.0M | 218.0M |
| Tax Refunds Received | 4.3M | 27.8M | 3.7M | 1.1M | 4.5M |
| Total Operating Cash Inflow | 342.0M | 454.0M | 594.0M | 514.0M | 232.0M |
| Cash Paid For Goods | 326.0M | 341.0M | 91.3M | 30.0M | 52.3M |
| Cash Paid To Employees | 53.2M | 89.5M | 112.0M | 39.1M | 26.6M |
| Taxes Paid | 16.7M | 24.7M | 114.0M | 94.1M | 13.3M |
| Total Operating Cash Outflow | 467.0M | 505.0M | 360.0M | 198.0M | 115.0M |
| Operating Cash Flow | -125.0M | -51.2M | 234.0M | 315.0M | 116.0M |
| Total Investing Cash Inflow | 195.0M | 141.0M | 157.0M | 41.1M | 169.0M |
| Total Investing Cash Outflow | 230.0M | 212.0M | 87.1M | 14.1M | 29.1M |
| Investing Cash Flow | -35.4M | -70.8M | 70.3M | 27.1M | 140.0M |
| Cash From Borrowings | 43.8M | 103.0M | -- | -- | 50.0M |
| Dividends And Interest Paid | 3.3M | 121.0M | 67.8M | 44.6M | 7.6M |
| Debt Repayments | 103.0M | 23.4M | -- | 50.0M | 162.0M |
| Total Financing Cash Inflow | 79.8M | 112.0M | 2.0M | 353,000 | 204.0M |
| Total Financing Cash Outflow | 238.0M | 206.0M | 370.0M | 133.0M | 195.0M |
| Financing Cash Flow | -159.0M | -94.1M | -368.0M | -132.0M | 9.3M |
| Net Change In Cash | -319.0M | -216.0M | -58.6M | 207.0M | 258.0M |
| Ending Cash Balance | 47.9M | 367.0M | 583.0M | 642.0M | 435.0M |
| Capex | 80.9M | 59.7M | 11.4M | 1.2M | 3.2M |