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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 971.0M | 1.3B | 1.3B | 1.2B | 913.0M | 966.0M | 1.1B | 786.0M | 568.0M | 668.0M | 521.0M | 284.0M | 11.0M |
| Revenue Growth % | -24.1% | -2.4% | 9.1% | 31.8% | -5.5% | -8.2% | 33.8% | 38.4% | -15.0% | 28.2% | 83.5% | 2474.4% | -- |
| Total Revenue | 971.0M | 1.3B | 1.3B | 1.2B | 913.0M | 966.0M | 1.1B | 786.0M | 568.0M | 668.0M | 521.0M | 284.0M | 11.0M |
| Cost Of Revenue | 785.0M | 994.0M | 1.0B | 937.0M | 806.0M | 730.0M | 785.0M | 603.0M | 377.0M | 373.0M | 279.0M | 200.0M | 9.0M |
| Gross Profit | 186.0M | 286.0M | 273.0M | 266.0M | 107.0M | 236.0M | 267.0M | 183.0M | 191.0M | 295.0M | 242.0M | 84.0M | 2.0M |
| Gross Margin % | 19.2% | 22.3% | 20.8% | 22.1% | 11.7% | 24.4% | 25.4% | 23.3% | 33.6% | 44.2% | 46.4% | 29.6% | 18.2% |
| Total Operating Cost | 1.1B | 1.3B | 1.3B | 1.2B | 1.1B | 915.0M | 933.0M | 706.0M | 454.0M | 450.0M | 325.0M | 229.0M | 12.7M |
| Selling Expenses | 15.2M | 15.7M | 14.6M | 13.8M | 15.5M | 12.2M | 10.0M | 11.2M | 6.0M | 5.8M | 4.3M | 2.4M | 35,800 |
| Admin Expenses | 120.0M | 128.0M | 116.0M | 113.0M | 125.0M | 79.7M | 67.7M | 40.2M | 49.4M | 48.9M | 31.7M | 16.2M | 2.6M |
| Rd Expenses | 58.4M | 55.1M | 50.2M | 49.7M | 45.0M | 55.8M | 39.4M | 31.7M | -- | -- | -- | -- | -- |
| Finance Expenses | 32.2M | 37.3M | 35.1M | 29.5M | 34.7M | 31.1M | 23.1M | 8.4M | 14.4M | 14.1M | 8.3M | 5.8M | 821,400 |
| Operating Income | -102.0M | 32.7M | 49.2M | 56.0M | -186.0M | 67.2M | 149.0M | 103.0M | 114.0M | 218.0M | 196.0M | 54.9M | -1.6M |
| Operating Margin % | -10.5% | 2.6% | 3.8% | 4.7% | -20.4% | 7.0% | 14.2% | 13.1% | 20.1% | 32.6% | 37.6% | 19.3% | -14.8% |
| Non Operating Income | 472,400 | 25.0M | 173,400 | 2.7M | 633,800 | 172,500 | 33,700 | 820,200 | 1.7M | 248,700 | 1,800 | 1.2M | -- |
| Non Operating Expenses | 1.2M | 4.3M | 1.5M | 4.4M | 6.9M | 2.7M | 395,600 | 796,300 | 276,800 | 537,600 | 1.9M | 90,600 | 400.00 |
| Investment Income | 12.3M | 3.6M | 8.0M | 4.0M | 9.1M | 11.9M | 25.2M | 21.1M | -- | -- | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | -- | -- | 359,800 | 1.6M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 63,600 | 138,900 | -107,900 | 2.5M | 181,600 | -20,700 | 1.5M | 239,400 | -13,700 | -- | -- | -- | -- |
| Asset Impairment Loss | 75.1M | 13.2M | 6.9M | 12.1M | 85.8M | 2.2M | 1.2M | 2.5M | 1.2M | 4.7M | -932,200 | 3.9M | 188,000 |
| Other Income | 14.7M | 12.0M | 3.8M | 16.2M | 5.8M | 4.3M | 1.7M | 1.9M | -- | -- | -- | -- | -- |
| Income Before Tax | -103.0M | 53.5M | 47.9M | 54.3M | -192.0M | 64.7M | 149.0M | 103.0M | 116.0M | 218.0M | 194.0M | 56.0M | -1.6M |
| Income Tax | -1.4M | 4.9M | 5.4M | 18.5M | -2.8M | 15.7M | 22.6M | 17.5M | 19.5M | 32.1M | 28.3M | 14.4M | -135,300 |
| Net Income | -101.0M | 48.5M | 42.5M | 35.8M | -190.0M | 49.0M | 126.0M | 85.8M | 96.3M | 186.0M | 166.0M | 41.6M | -1.5M |
| Net Margin % | -10.4% | 3.8% | 3.2% | 3.0% | -20.8% | 5.1% | 12.0% | 10.9% | 17.0% | 27.8% | 31.9% | 14.6% | -13.5% |
| Net Income Attributable | -88.8M | 45.6M | 42.0M | 36.2M | -180.0M | 55.3M | 126.0M | 92.0M | 101.0M | 187.0M | 166.0M | 41.6M | -1.5M |
| Minority Interest | -12.6M | 2.9M | 498,300 | -419,300 | -9.8M | -6.3M | 100,900 | -6.2M | -4.8M | -1.2M | -- | -- | -- |
| Eps Basic | -0.47 | 0.25 | 0.24 | 0.34 | -1.68 | 0.52 | 1.18 | 0.88 | 1.26 | 2.34 | 2.07 | -- | -- |
| Eps Diluted | -0.47 | 0.25 | 0.24 | 0.34 | -1.68 | 0.52 | 1.18 | 0.88 | 1.26 | 2.34 | 2.07 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 256.0M | 238.0M | 188.0M | 161.0M | 344.0M | 184.0M | 124.0M | 311.0M | 33.5M | 90.4M | 23.1M | 12.9M | 52,400 |
| Trading Financial Assets | -- | -- | -- | -- | -- | 203.0M | 562.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 201.0M | 272.0M | 197.0M | 195.0M | 101.0M | 186.0M | 172.0M | 150.0M | 108.0M | 94.7M | 62.0M | 36.5M | 5.2M |
| Notes Receivable | -- | -- | -- | -- | -- | -- | 48.2M | 57.2M | 53.4M | 16.3M | 18.4M | 3.4M | 1.1M |
| Notes And Accounts Receivable | 201.0M | 272.0M | 197.0M | 195.0M | 101.0M | 186.0M | 220.0M | 207.0M | 162.0M | 111.0M | 80.5M | 40.0M | 6.3M |
| Prepayments | 7.8M | 5.4M | 27.5M | 6.3M | 9.4M | 14.6M | 37.5M | 17.2M | 7.5M | 21.2M | 2.4M | 10.5M | 11.8M |
| Inventory | 645.0M | 723.0M | 608.0M | 531.0M | 532.0M | 731.0M | 646.0M | 211.0M | 144.0M | 137.0M | 39.9M | 28.8M | 12.1M |
| Total Current Assets | 1.3B | 1.4B | 1.1B | 1.1B | 1.1B | 1.5B | 1.7B | 1.3B | 368.0M | 370.0M | 153.0M | 136.0M | 31.6M |
| Long Term Equity Investment | 68.7M | 65.1M | 63.2M | 59.2M | 55.4M | 54.4M | 52.5M | 51.3M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.3B | 1.3B | 1.3B | 985.0M | 1.1B | 503.0M | 524.0M | 461.0M | 362.0M | 249.0M | 55.0M | 11.7M |
| Fixed Assets Total | 1.2B | 1.3B | 1.3B | 1.3B | 989.0M | 1.1B | 503.0M | 524.0M | 461.0M | 362.0M | 249.0M | 55.0M | 11.7M |
| Construction In Progress | -- | 279.0M | 292.0M | 357.0M | 442.0M | 63.8M | 418.0M | 24.5M | 33.8M | 28.4M | 50.3M | 7.8M | 4.7M |
| Construction In Progress Total | 282.0M | 279.0M | 292.0M | 357.0M | 442.0M | 63.8M | 427.0M | 25.5M | 38.3M | 36.3M | 54.2M | 7.8M | 4.7M |
| Intangible Assets | 189.0M | 201.0M | 173.0M | 179.0M | 170.0M | 163.0M | 97.9M | 73.7M | 64.3M | 65.8M | 49.2M | 11.3M | 11.8M |
| Long Term Deferred Expenses | 785,900 | 1.3M | -- | 1.2M | 1.5M | 1.7M | 2.0M | -- | 3.0M | 2.8M | -- | -- | -- |
| Total Non Current Assets | 1.7B | 1.8B | 1.9B | 1.9B | 1.7B | 1.5B | 1.1B | 689.0M | 568.0M | 468.0M | 354.0M | 75.2M | 28.4M |
| Total Assets | 3.0B | 3.2B | 3.0B | 3.0B | 2.8B | 3.0B | 2.8B | 2.0B | 936.0M | 838.0M | 507.0M | 211.0M | 60.0M |
| Short Term Borrowings | 643.0M | 627.0M | 540.0M | 460.0M | 446.0M | 595.0M | 470.0M | 150.0M | -- | 20.0M | 10.0M | 15.0M | -- |
| Accounts Payable | 171.0M | 193.0M | 257.0M | 327.0M | 249.0M | 188.0M | 141.0M | 96.1M | 75.0M | 88.7M | 56.1M | 22.0M | 4.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.0M | 545,200 | 1.8M | 7,500 | -- | -- | 2.0M | -- |
| Contract Liabilities | 4.8M | 5.6M | 10.5M | 18.1M | 7.9M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 1.0B | 987.0M | 1.1B | 1.1B | 941.0M | 943.0M | 746.0M | 307.0M | 164.0M | 180.0M | 105.0M | 66.6M | 27.5M |
| Long Term Borrowings | 74.3M | 108.0M | 123.0M | 162.0M | 192.0M | 146.0M | 85.0M | -- | 158.0M | 140.0M | 100.0M | 45.2M | -- |
| Total Non Current Liabilities | 118.0M | 188.0M | 140.0M | 183.0M | 209.0M | 157.0M | 98.5M | 10.9M | 170.0M | 152.0M | 112.0M | 45.2M | -- |
| Total Liabilities | 1.1B | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 844.0M | 317.0M | 333.0M | 332.0M | 216.0M | 112.0M | 27.5M |
| Paid In Capital | 190.0M | 190.0M | 107.0M | 107.0M | 107.0M | 108.0M | 108.0M | 108.0M | 80.0M | 80.0M | 80.0M | 39.1M | 35.0M |
| Capital Reserve | 1.3B | 1.3B | 1.1B | 1.1B | 1.1B | 1.1B | 1.3B | 1.2B | 125.0M | 125.0M | 124.0M | 20.7M | -- |
| Surplus Reserve | 93.8M | 93.8M | 87.7M | 87.7M | 75.6M | 75.6M | 65.1M | 50.4M | 39.5M | 27.8M | 8.6M | 3.9M | -- |
| Retained Earnings | 279.0M | 453.0M | 415.0M | 375.0M | 350.0M | 536.0M | 506.0M | 406.0M | 335.0M | 246.0M | 78.0M | 35.1M | -2.5M |
| Minority Equity | 45.0M | 53.3M | 50.7M | 49.3M | 48.4M | 53.7M | 53.6M | 17.1M | 23.3M | 28.1M | -- | -- | -- |
| Equity Attributable | 1.8B | 2.0B | 1.7B | 1.7B | 1.6B | 1.8B | 1.9B | 1.7B | 580.0M | 479.0M | 291.0M | 98.8M | 32.5M |
| Total Equity | 1.9B | 2.1B | 1.8B | 1.7B | 1.7B | 1.9B | 2.0B | 1.7B | 603.0M | 507.0M | 291.0M | 98.8M | 32.5M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 823.0M | 708.0M | 911.0M | 688.0M | 789.0M | 700.0M | 666.0M | 397.0M | 366.0M | 749.0M | 565.0M | 297.0M | 6.3M |
| Tax Refunds Received | 12.5M | 4.7M | 49.9M | 5.3M | 3.6M | 300.00 | 20.1M | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 879.0M | 829.0M | 1.0B | 820.0M | 832.0M | 746.0M | 709.0M | 409.0M | 405.0M | 756.0M | 571.0M | 297.0M | 6.4M |
| Cash Paid For Goods | 350.0M | 582.0M | 519.0M | 283.0M | 257.0M | 487.0M | 832.0M | 234.0M | 202.0M | 499.0M | 284.0M | 215.0M | 34.1M |
| Cash Paid To Employees | 134.0M | 180.0M | 153.0M | 144.0M | 124.0M | 82.1M | 60.7M | 49.1M | 39.9M | 32.8M | 21.9M | 12.3M | 1.2M |
| Taxes Paid | 56.7M | 45.5M | 58.2M | 16.9M | 19.5M | 18.5M | 45.5M | 56.7M | 52.1M | 72.9M | 59.8M | 19.0M | 51,100 |
| Total Operating Cash Outflow | 684.0M | 922.0M | 897.0M | 593.0M | 578.0M | 688.0M | 1.0B | 398.0M | 325.0M | 669.0M | 396.0M | 272.0M | 36.9M |
| Operating Cash Flow | 194.0M | -92.8M | 145.0M | 227.0M | 255.0M | 57.6M | -335.0M | 10.9M | 80.1M | 87.1M | 174.0M | 24.9M | -30.5M |
| Total Investing Cash Inflow | 9.0M | 6.1M | 2.9M | 28.5M | 1.2B | 1.5B | 2.5B | 16.1M | 8.0M | 880.00 | 11.2M | -- | 1.8M |
| Total Investing Cash Outflow | 66.3M | 105.0M | 144.0M | 390.0M | 1.2B | 1.5B | 2.9B | 675.0M | 126.0M | 139.0M | 229.0M | 90.6M | 10.4M |
| Investing Cash Flow | -57.3M | -98.5M | -141.0M | -361.0M | -29.2M | 13.2M | -380.0M | -659.0M | -118.0M | -139.0M | -218.0M | -90.6M | -8.5M |
| Cash From Borrowings | 1.1B | 885.0M | 711.0M | 492.0M | 539.0M | 790.0M | 792.0M | 150.0M | 96.9M | 120.0M | 95.0M | 75.3M | -- |
| Dividends And Interest Paid | 113.0M | 32.3M | 44.4M | 24.5M | 37.6M | 47.8M | 24.8M | 14.7M | 13.9M | 11.0M | 6.4M | 5.5M | -- |
| Debt Repayments | 1.1B | 805.0M | 672.0M | 483.0M | 632.0M | 726.0M | 377.0M | 251.0M | 62.5M | 55.0M | 35.2M | 80,800 | -- |
| Total Financing Cash Inflow | 1.1B | 1.2B | 837.0M | 495.0M | 541.0M | 870.0M | 983.0M | 1.5B | 96.9M | 150.0M | 115.0M | 100.0M | 45.0M |
| Total Financing Cash Outflow | 1.3B | 930.0M | 842.0M | 543.0M | 681.0M | 861.0M | 476.0M | 544.0M | 77.4M | 69.0M | 62.2M | 26.6M | 6.8M |
| Financing Cash Flow | -163.0M | 320.0M | -5.0M | -47.7M | -141.0M | 9.0M | 507.0M | 912.0M | 19.5M | 81.0M | 52.8M | 73.5M | 38.2M |
| Net Change In Cash | -24.6M | 123.0M | -2.3M | -182.0M | 82.5M | 80.0M | -212.0M | 265.0M | -19.4M | 28.3M | 9.1M | 7.8M | -812,300 |
| Ending Cash Balance | 155.0M | 180.0M | 57.2M | 59.6M | 242.0M | 160.0M | 79.5M | 291.0M | 25.8M | 45.2M | 16.9M | 7.9M | 52,400 |
| Capex | 65.5M | 94.1M | 144.0M | 389.0M | 243.0M | 211.0M | 377.0M | 75.3M | 126.0M | 131.0M | 229.0M | 46.6M | 10.4M |