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 | 452.0M | 483.0M | 445.0M | 499.0M | 519.0M |
| Revenue Growth % | -6.4% | 8.5% | -10.8% | -3.9% | -- |
| Total Revenue | 452.0M | 483.0M | 445.0M | 499.0M | 519.0M |
| Cost Of Revenue | 374.0M | 363.0M | 308.0M | 294.0M | 284.0M |
| Gross Profit | 78.0M | 120.0M | 137.0M | 205.0M | 235.0M |
| Gross Margin % | 17.3% | 24.8% | 30.8% | 41.1% | 45.3% |
| Total Operating Cost | 745.0M | 591.0M | 425.0M | 425.0M | 419.0M |
| Selling Expenses | 1.4M | 2.2M | 533,500 | -- | -- |
| Admin Expenses | 129.0M | 118.0M | 83.9M | 91.5M | 77.5M |
| Rd Expenses | 5.8M | 6.0M | 6.2M | 6.6M | 5.7M |
| Finance Expenses | 50.3M | 38.7M | 9.0M | 15.7M | 16.7M |
| Operating Income | -281.0M | -87.9M | 62.8M | 130.0M | 153.0M |
| Operating Margin % | -62.2% | -18.2% | 14.1% | 26.1% | 29.5% |
| Non Operating Income | 1.7M | 7.0M | 426,700 | 4.6M | 611,500 |
| Non Operating Expenses | 20.6M | 10.2M | 18.4M | 12.9M | 16.6M |
| Investment Income | 330,300 | -14.8M | 2.6M | 838,600 | 3.5M |
| Fair Value Change Income | -4.7M | -2.0M | -2.9M | -430,000 | -- |
| Asset Disposal Income | -2.1M | 685,100 | -- | -- | -97.00 |
| Asset Impairment Loss | 157.0M | 51.0M | 8.8M | -2.5M | 23.2M |
| Other Income | 18.8M | 35.7M | 42.8M | 54.6M | 50.3M |
| Income Before Tax | -300.0M | -91.1M | 44.9M | 121.0M | 137.0M |
| Income Tax | 5.5M | 9.1M | 9.2M | 13.3M | 9.2M |
| Net Income | -305.0M | -100.0M | 35.7M | 108.0M | 128.0M |
| Net Margin % | -67.5% | -20.7% | 8.0% | 21.6% | 24.7% |
| Net Income Attributable | -282.0M | -97.5M | 37.7M | 109.0M | 125.0M |
| Minority Interest | -22.9M | -2.7M | -2.0M | -1.1M | 3.3M |
| Eps Basic | -1.76 | -0.61 | 0.23 | 0.76 | 1.04 |
| Eps Diluted | -1.76 | -0.61 | 0.23 | 0.76 | 1.04 |
| 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 | 63.4M | 204.0M | 122.0M | 164.0M | 55.3M |
| Trading Financial Assets | -- | -- | -- | -- | 8.0M |
| Accounts Receivable | 610.0M | 595.0M | 435.0M | 432.0M | 214.0M |
| Notes Receivable | 740,000 | 492,900 | 260,000 | 640,000 | -- |
| Notes And Accounts Receivable | 610.0M | 595.0M | 435.0M | 433.0M | 214.0M |
| Prepayments | 11.8M | 20.5M | 24.0M | 8.7M | 10.7M |
| Inventory | 27.8M | 34.0M | 39.2M | 47.1M | 25.3M |
| Total Current Assets | 942.0M | 1.1B | 805.0M | 821.0M | 536.0M |
| Long Term Equity Investment | 55.8M | 33.3M | 56.3M | 52.7M | 26.6M |
| Fixed Assets | -- | 759.0M | 618.0M | 603.0M | 598.0M |
| Fixed Assets Total | 709.0M | 759.0M | 618.0M | 603.0M | 598.0M |
| Construction In Progress | -- | 126.0M | 85.2M | 40.2M | 44.5M |
| Construction In Progress Total | 116.0M | 126.0M | 85.2M | 40.2M | 44.5M |
| Intangible Assets | 123.0M | 140.0M | 16.8M | 13.3M | 6.8M |
| Long Term Deferred Expenses | 74.9M | 104.0M | 110.0M | 116.0M | 108.0M |
| Total Non Current Assets | 1.3B | 1.4B | 1.1B | 982.0M | 861.0M |
| Total Assets | 2.2B | 2.5B | 1.9B | 1.8B | 1.4B |
| Short Term Borrowings | 291.0M | 258.0M | 156.0M | 67.2M | 25.4M |
| Accounts Payable | 103.0M | 101.0M | 72.9M | 74.0M | 70.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.5M | 10.2M | 23,600 | 313,300 | 85,900 |
| Total Current Liabilities | 542.0M | 494.0M | 315.0M | 255.0M | 251.0M |
| Long Term Borrowings | 22.8M | 18.1M | 36.5M | 19.0M | 9.0M |
| Total Non Current Liabilities | 374.0M | 362.0M | 63.9M | 71.6M | 104.0M |
| Total Liabilities | 916.0M | 856.0M | 379.0M | 327.0M | 356.0M |
| Paid In Capital | 160.0M | 160.0M | 160.0M | 160.0M | 120.0M |
| Capital Reserve | 676.0M | 728.0M | 686.0M | 686.0M | 400.0M |
| Surplus Reserve | 48.6M | 48.6M | 48.6M | 35.8M | 26.7M |
| Retained Earnings | 228.0M | 510.0M | 600.0M | 587.0M | 487.0M |
| Minority Equity | -6.1M | 31.8M | 5.3M | 7.3M | 7.2M |
| Equity Attributable | 1.3B | 1.6B | 1.5B | 1.5B | 1.0B |
| Total Equity | 1.3B | 1.7B | 1.5B | 1.5B | 1.0B |
| 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 | 477.0M | 503.0M | 474.0M | 446.0M | 425.0M |
| Tax Refunds Received | 17.4M | 36.5M | 59.8M | 44.0M | 42.7M |
| Total Operating Cash Inflow | 501.0M | 565.0M | 541.0M | 505.0M | 479.0M |
| Cash Paid For Goods | 208.0M | 192.0M | 147.0M | 134.0M | 120.0M |
| Cash Paid To Employees | 130.0M | 139.0M | 123.0M | 123.0M | 112.0M |
| Taxes Paid | 29.7M | 51.9M | 60.6M | 67.9M | 57.8M |
| Total Operating Cash Outflow | 441.0M | 452.0M | 376.0M | 383.0M | 338.0M |
| Operating Cash Flow | 59.5M | 113.0M | 166.0M | 122.0M | 140.0M |
| Total Investing Cash Inflow | 10.0M | 53.3M | 1.5M | 88.2M | 521,900 |
| Total Investing Cash Outflow | 168.0M | 499.0M | 249.0M | 346.0M | 137.0M |
| Investing Cash Flow | -158.0M | -446.0M | -247.0M | -258.0M | -137.0M |
| Cash From Borrowings | 369.0M | 644.0M | 194.0M | 82.2M | 40.8M |
| Dividends And Interest Paid | 14.3M | 20.0M | 16.3M | 4.9M | 3.2M |
| Debt Repayments | 332.0M | 184.0M | 75.0M | 46.4M | 42.8M |
| Total Financing Cash Inflow | 405.0M | 732.0M | 194.0M | 433.0M | 140.0M |
| Total Financing Cash Outflow | 444.0M | 324.0M | 148.0M | 185.0M | 125.0M |
| Financing Cash Flow | -38.9M | 408.0M | 46.0M | 248.0M | 14.5M |
| Net Change In Cash | -137.0M | 75.4M | -35.6M | 112.0M | 18.0M |
| Ending Cash Balance | 55.0M | 192.0M | 116.0M | 152.0M | 39.6M |
| Capex | 145.0M | 457.0M | 228.0M | 164.0M | 129.0M |