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 | 557.0M | 512.0M | 834.0M | 705.0M | 790.0M |
| Revenue Growth % | 8.8% | -38.6% | 18.3% | -10.8% | -- |
| Total Revenue | 557.0M | 512.0M | 834.0M | 705.0M | 790.0M |
| Cost Of Revenue | 457.0M | 442.0M | 619.0M | 569.0M | 570.0M |
| Gross Profit | 100.0M | 70.0M | 215.0M | 136.0M | 220.0M |
| Gross Margin % | 18.0% | 13.7% | 25.8% | 19.3% | 27.8% |
| Total Operating Cost | 766.0M | 780.0M | 870.0M | 848.0M | 794.0M |
| Selling Expenses | 52.2M | 49.6M | 50.6M | 67.3M | 78.0M |
| Admin Expenses | 78.3M | 78.9M | 75.1M | 84.7M | 59.0M |
| Rd Expenses | 76.8M | 80.6M | 75.8M | 78.9M | 59.8M |
| Finance Expenses | 38.2M | 35.1M | 14.5M | 19.4M | 11.8M |
| Operating Income | -202.0M | -262.0M | -35.1M | -137.0M | 4.2M |
| Operating Margin % | -36.3% | -51.2% | -4.2% | -19.4% | 0.5% |
| Non Operating Income | 105,600 | 54,500 | 121,700 | 122,400 | 10.1M |
| Non Operating Expenses | 630,300 | 149,200 | 434,700 | 137,200 | 170,900 |
| Investment Income | 4.8M | 1.7M | -- | 3.1M | 994,300 |
| Fair Value Change Income | -3.6M | -3.5M | -2.5M | -2.7M | -667,300 |
| Asset Disposal Income | -123,600 | -173,500 | -222,900 | -1.1M | 2.0M |
| Asset Impairment Loss | 56.6M | 86.9M | 29.9M | 22.5M | 8.7M |
| Other Income | 5.9M | 8.0M | 3.1M | 6.9M | 6.0M |
| Income Before Tax | -203.0M | -262.0M | -35.4M | -137.0M | 14.2M |
| Income Tax | 16.2M | -24.2M | -12.1M | -15.9M | 1.8M |
| Net Income | -219.0M | -238.0M | -23.3M | -121.0M | 12.4M |
| Net Margin % | -39.3% | -46.5% | -2.8% | -17.2% | 1.6% |
| Net Income Attributable | -206.0M | -224.0M | -13.1M | -120.0M | 12.4M |
| Minority Interest | -13.2M | -14.0M | -10.1M | -539,600 | -- |
| Eps Basic | -0.84 | -1.08 | -0.06 | -0.58 | 0.06 |
| Eps Diluted | -0.84 | -1.08 | -0.06 | -0.58 | 0.06 |
| 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 | 57.4M | 105.0M | 213.0M | 111.0M | 211.0M |
| Trading Financial Assets | 218.0M | -- | -- | -- | 22,200 |
| Accounts Receivable | 218.0M | 128.0M | 228.0M | 314.0M | 450.0M |
| Notes Receivable | 1.5M | 849,300 | 198,900 | -- | 192,800 |
| Notes And Accounts Receivable | 219.0M | 129.0M | 228.0M | 314.0M | 450.0M |
| Prepayments | 2.0M | 2.0M | 22.4M | 14.9M | 1.2M |
| Inventory | 92.0M | 142.0M | 194.0M | 134.0M | 117.0M |
| Total Current Assets | 602.0M | 407.0M | 686.0M | 611.0M | 800.0M |
| Fixed Assets | -- | 787.0M | 802.0M | 267.0M | 263.0M |
| Fixed Assets Total | 722.0M | 787.0M | 802.0M | 267.0M | 263.0M |
| Construction In Progress | -- | -- | 219,000 | 281.0M | 46.1M |
| Construction In Progress Total | -- | -- | 219,000 | 281.0M | 46.1M |
| Intangible Assets | 99.6M | 105.0M | 111.0M | 115.0M | 119.0M |
| Long Term Deferred Expenses | 31.1M | 34.0M | 38.4M | 1.1M | 1.8M |
| Total Non Current Assets | 966.0M | 1.1B | 1.1B | 942.0M | 518.0M |
| Total Assets | 1.6B | 1.5B | 1.8B | 1.6B | 1.3B |
| Short Term Borrowings | 316.0M | 407.0M | 396.0M | 306.0M | 181.0M |
| Accounts Payable | 211.0M | 243.0M | 229.0M | 240.0M | 248.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.8M | 15.0M | 13.5M | 2.0M | 4.8M |
| Total Current Liabilities | 679.0M | 786.0M | 731.0M | 639.0M | 602.0M |
| Long Term Borrowings | 253.0M | 346.0M | 462.0M | 316.0M | 15.4M |
| Total Non Current Liabilities | 285.0M | 385.0M | 500.0M | 353.0M | 37.6M |
| Total Liabilities | 963.0M | 1.2B | 1.2B | 992.0M | 639.0M |
| Paid In Capital | 250.0M | 208.0M | 208.0M | 208.0M | 208.0M |
| Capital Reserve | 730.0M | 250.0M | 250.0M | 256.0M | 256.0M |
| Surplus Reserve | 38.9M | 38.9M | 38.9M | 38.8M | 38.8M |
| Retained Earnings | -384.0M | -178.0M | 45.2M | 58.0M | 178.0M |
| Minority Equity | -31.8M | -18.6M | -4.7M | -539,600 | -- |
| Equity Attributable | 637.0M | 315.0M | 542.0M | 561.0M | 679.0M |
| Total Equity | 605.0M | 297.0M | 537.0M | 560.0M | 679.0M |
| 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 | 496.0M | 649.0M | 947.0M | 868.0M | 615.0M |
| Tax Refunds Received | 14.9M | 31.6M | 58.1M | 41.4M | 15.2M |
| Total Operating Cash Inflow | 525.0M | 708.0M | 1.0B | 931.0M | 695.0M |
| Cash Paid For Goods | 368.0M | 447.0M | 786.0M | 810.0M | 482.0M |
| Cash Paid To Employees | 157.0M | 157.0M | 156.0M | 162.0M | 123.0M |
| Taxes Paid | 9.6M | 20.8M | 11.2M | 8.2M | 7.2M |
| Total Operating Cash Outflow | 622.0M | 720.0M | 1.0B | 1.1B | 726.0M |
| Operating Cash Flow | -97.1M | -11.5M | -24.1M | -140.0M | -30.9M |
| Total Investing Cash Inflow | 328.0M | 22.9M | 2.4M | 3.4M | 86.2M |
| Total Investing Cash Outflow | 617.0M | 66.7M | 164.0M | 382.0M | 233.0M |
| Investing Cash Flow | -290.0M | -43.8M | -161.0M | -378.0M | -147.0M |
| Cash From Borrowings | 514.0M | 551.0M | 595.0M | 616.0M | 289.0M |
| Dividends And Interest Paid | 33.0M | 36.6M | 33.7M | 15.7M | 5.1M |
| Debt Repayments | 660.0M | 562.0M | 283.0M | 177.0M | 118.0M |
| Total Financing Cash Inflow | 1.1B | 582.0M | 620.0M | 711.0M | 342.0M |
| Total Financing Cash Outflow | 721.0M | 616.0M | 354.0M | 258.0M | 210.0M |
| Financing Cash Flow | 348.0M | -34.8M | 266.0M | 452.0M | 132.0M |
| Net Change In Cash | -38.2M | -91.7M | 92.4M | -70.0M | -49.8M |
| Ending Cash Balance | 50.4M | 88.6M | 180.0M | 87.9M | 158.0M |
| Capex | 77.1M | 66.7M | 164.0M | 371.0M | 136.0M |