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 | 518.0M | 825.0M | 664.0M | 625.0M | 606.0M |
| Revenue Growth % | -37.2% | 24.2% | 6.2% | 3.1% | -- |
| Total Revenue | 518.0M | 825.0M | 664.0M | 625.0M | 606.0M |
| Cost Of Revenue | 457.0M | 655.0M | 590.0M | 496.0M | 471.0M |
| Gross Profit | 61.0M | 170.0M | 74.0M | 129.0M | 135.0M |
| Gross Margin % | 11.8% | 20.6% | 11.1% | 20.6% | 22.3% |
| Total Operating Cost | 681.0M | 819.0M | 800.0M | 622.0M | 595.0M |
| Selling Expenses | 45.9M | 42.7M | 42.2M | 31.7M | 33.4M |
| Admin Expenses | 51.5M | 44.9M | 61.2M | 43.1M | 44.0M |
| Rd Expenses | 29.7M | 28.9M | 35.2M | 18.3M | 17.8M |
| Finance Expenses | 35.3M | 38.1M | 34.2M | 15.6M | 15.3M |
| Operating Income | -162.0M | 21.8M | -123.0M | 11.8M | 27.0M |
| Operating Margin % | -31.3% | 2.6% | -18.5% | 1.9% | 4.5% |
| Non Operating Income | 1.7M | 2.0M | 3.2M | 1.5M | 1.4M |
| Non Operating Expenses | 1.2M | 218,700 | 249,500 | 106,600 | 172,500 |
| Investment Income | -456,800 | 5.4M | 2.6M | -375,200 | 985,000 |
| Fair Value Change Income | -3.1M | -- | -32,400 | -- | -- |
| Asset Disposal Income | -3.9M | 5.7M | 14,300 | -38,200 | -11,200 |
| Asset Impairment Loss | 49.0M | 864,900 | 17.4M | 4.4M | 3.9M |
| Other Income | 8.1M | 4.3M | 9.9M | 9.4M | 15.5M |
| Income Before Tax | -161.0M | 23.5M | -120.0M | 13.2M | 28.2M |
| Income Tax | -22.0M | 2.6M | -10.4M | 1.1M | 4.3M |
| Net Income | -139.0M | 20.9M | -110.0M | 12.1M | 24.0M |
| Net Margin % | -26.8% | 2.5% | -16.6% | 1.9% | 4.0% |
| Net Income Attributable | -140.0M | 20.7M | -102.0M | 12.6M | 24.2M |
| Minority Interest | 751,700 | 211,600 | -7.5M | -503,100 | -197,300 |
| Eps Basic | -0.74 | 0.11 | -0.58 | 0.07 | 0.14 |
| Eps Diluted | -0.74 | 0.11 | -0.58 | 0.07 | 0.14 |
| 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 | 105.0M | 129.0M | 116.0M | 222.0M | 229.0M |
| Trading Financial Assets | 530,400 | 2.0M | -- | 3.0M | -- |
| Accounts Receivable | 503.0M | 548.0M | 483.0M | 411.0M | 340.0M |
| Notes Receivable | 15.5M | 72.9M | 82.8M | 51.8M | 56.0M |
| Notes And Accounts Receivable | 519.0M | 621.0M | 566.0M | 463.0M | 396.0M |
| Prepayments | 6.1M | 5.4M | 6.9M | 10.5M | 6.0M |
| Inventory | 193.0M | 151.0M | 154.0M | 120.0M | 82.3M |
| Total Current Assets | 951.0M | 997.0M | 1.0B | 918.0M | 810.0M |
| Long Term Equity Investment | 8.0M | 9.6M | 13.7M | 9.7M | 11.1M |
| Fixed Assets | -- | 599.0M | 597.0M | 159.0M | 177.0M |
| Fixed Assets Total | 733.0M | 599.0M | 597.0M | 159.0M | 177.0M |
| Construction In Progress | -- | 95.8M | 72.4M | 437.0M | 227.0M |
| Construction In Progress Total | 5.5M | 95.8M | 72.4M | 437.0M | 227.0M |
| Intangible Assets | 49.7M | 57.4M | 60.5M | 65.9M | 64.8M |
| Long Term Deferred Expenses | 1.7M | 592,300 | 202,700 | 344,900 | 1.4M |
| Total Non Current Assets | 871.0M | 827.0M | 802.0M | 769.0M | 540.0M |
| Total Assets | 1.8B | 1.8B | 1.8B | 1.7B | 1.3B |
| Short Term Borrowings | 324.0M | 218.0M | 111.0M | 226.0M | 185.0M |
| Accounts Payable | 403.0M | 333.0M | 323.0M | 273.0M | 249.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.5M | 4.3M | 2.9M | 5.7M | 1.8M |
| Total Current Liabilities | 942.0M | 828.0M | 739.0M | 723.0M | 538.0M |
| Long Term Borrowings | 293.0M | 289.0M | 391.0M | 262.0M | 140.0M |
| Total Non Current Liabilities | 448.0M | 433.0M | 529.0M | 385.0M | 280.0M |
| Total Liabilities | 1.4B | 1.3B | 1.3B | 1.1B | 818.0M |
| Paid In Capital | 189.0M | 189.0M | 191.0M | 173.0M | 122.0M |
| Capital Reserve | 217.0M | 220.0M | 224.0M | 138.0M | 158.0M |
| Surplus Reserve | 22.3M | 22.3M | 22.0M | 22.0M | 21.9M |
| Retained Earnings | -34.2M | 115.0M | 94.7M | 197.0M | 192.0M |
| Minority Equity | 8.1M | 7.6M | 11.5M | 29.3M | 7.1M |
| Equity Attributable | 423.0M | 556.0M | 533.0M | 549.0M | 524.0M |
| Total Equity | 431.0M | 564.0M | 545.0M | 578.0M | 531.0M |
| 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 | 409.0M | 588.0M | 616.0M | 436.0M | 411.0M |
| Tax Refunds Received | -- | 5.5M | 33.6M | 16.5M | 7.6M |
| Total Operating Cash Inflow | 441.0M | 609.0M | 682.0M | 497.0M | 467.0M |
| Cash Paid For Goods | 244.0M | 403.0M | 677.0M | 294.0M | 282.0M |
| Cash Paid To Employees | 79.3M | 72.7M | 78.8M | 58.4M | 46.2M |
| Taxes Paid | 37.7M | 26.4M | 40.0M | 28.5M | 24.4M |
| Total Operating Cash Outflow | 427.0M | 571.0M | 870.0M | 438.0M | 437.0M |
| Operating Cash Flow | 14.5M | 38.2M | -188.0M | 59.2M | 30.3M |
| Total Investing Cash Inflow | 22.9M | 8.7M | 22.4M | 452,100 | 8,378 |
| Total Investing Cash Outflow | 65.0M | 77.7M | 122.0M | 195.0M | 169.0M |
| Investing Cash Flow | -42.2M | -69.0M | -99.2M | -195.0M | -169.0M |
| Cash From Borrowings | 445.0M | 371.0M | 421.0M | 365.0M | 405.0M |
| Dividends And Interest Paid | 36.1M | 27.0M | 26.8M | 26.8M | 15.7M |
| Debt Repayments | 402.0M | 315.0M | 330.0M | 206.0M | 375.0M |
| Total Financing Cash Inflow | 464.0M | 411.0M | 616.0M | 400.0M | 608.0M |
| Total Financing Cash Outflow | 461.0M | 368.0M | 403.0M | 290.0M | 420.0M |
| Financing Cash Flow | 3.7M | 42.7M | 214.0M | 110.0M | 188.0M |
| Net Change In Cash | -24.0M | 11.9M | -74.5M | -25.5M | 49.2M |
| Ending Cash Balance | 72.3M | 96.3M | 84.4M | 159.0M | 184.0M |
| Capex | 64.9M | 69.3M | 102.0M | 199.0M | 169.0M |