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 | 1.5B | 1.4B | 1.7B | 2.2B | 2.3B |
| Revenue Growth % | 11.2% | -20.5% | -19.4% | -6.7% | -- |
| Total Revenue | 1.5B | 1.4B | 1.7B | 2.2B | 2.3B |
| Cost Of Revenue | 1.4B | 1.3B | 1.5B | 1.8B | 1.8B |
| Gross Profit | 128.0M | 46.0M | 210.0M | 392.0M | 510.0M |
| Gross Margin % | 8.3% | 3.3% | 12.0% | 18.1% | 22.0% |
| Total Operating Cost | 1.7B | 1.7B | 2.0B | 2.2B | 2.2B |
| Selling Expenses | 41.6M | 43.7M | 59.6M | 62.3M | 64.4M |
| Admin Expenses | 106.0M | 123.0M | 114.0M | 104.0M | 97.7M |
| Rd Expenses | 80.3M | 96.1M | 93.7M | 115.0M | 115.0M |
| Finance Expenses | 1.4M | 9.2M | -6.2M | 8.6M | 29.5M |
| Operating Income | -138.0M | -247.0M | -228.0M | 67.2M | 160.0M |
| Operating Margin % | -8.9% | -17.8% | -13.1% | 3.1% | 6.9% |
| Non Operating Income | 1.7M | 7.1M | 17.7M | 383,100 | 1.1M |
| Non Operating Expenses | 7.2M | 13.5M | 8.8M | 6.4M | 976,000 |
| Investment Income | 1.7M | 16.2M | 10.3M | 50.7M | 1.2M |
| Fair Value Change Income | 29,200 | 444,300 | -1.3M | 1.8M | -- |
| Asset Disposal Income | -7.7M | 1.0M | 882,000 | -356,000 | 787,700 |
| Asset Impairment Loss | 35.2M | 42.2M | 212.0M | 90.1M | 29.8M |
| Other Income | 6.0M | 9.1M | 5.1M | 4.2M | 7.5M |
| Income Before Tax | -143.0M | -253.0M | -219.0M | 61.1M | 160.0M |
| Income Tax | 10.7M | 1.8M | 135,100 | 3.8M | 17.1M |
| Net Income | -154.0M | -255.0M | -219.0M | 57.3M | 143.0M |
| Net Margin % | -10.0% | -18.4% | -12.6% | 2.6% | 6.2% |
| Net Income Attributable | -155.0M | -254.0M | -219.0M | 57.2M | 105.0M |
| Minority Interest | 1.1M | -1.1M | -73,000 | 82,500 | 37.9M |
| Eps Basic | -0.60 | -0.98 | -0.84 | 0.22 | 0.51 |
| Eps Diluted | -0.60 | -0.98 | -0.84 | 0.22 | 0.51 |
| 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 | 484.0M | 264.0M | 399.0M | 352.0M | 1.3B |
| Trading Financial Assets | 50.0M | 290.0M | 271.0M | 425.0M | -- |
| Accounts Receivable | 402.0M | 456.0M | 386.0M | 498.0M | 679.0M |
| Notes Receivable | 10.3M | 79.9M | 12.0M | 73.6M | 54.7M |
| Notes And Accounts Receivable | 412.0M | 535.0M | 398.0M | 572.0M | 734.0M |
| Prepayments | 7.6M | 12.0M | 6.7M | 11.9M | 11.3M |
| Inventory | 149.0M | 166.0M | 161.0M | 231.0M | 256.0M |
| Total Current Assets | 1.2B | 1.4B | 1.4B | 1.7B | 2.4B |
| Fixed Assets | -- | 650.0M | 660.0M | 682.0M | 647.0M |
| Fixed Assets Total | 596.0M | 650.0M | 660.0M | 682.0M | 647.0M |
| Construction In Progress | -- | 23.0M | 46.5M | 64.5M | 107.0M |
| Construction In Progress Total | 7.0M | 23.0M | 46.5M | 64.5M | 107.0M |
| Intangible Assets | 28.6M | 28.3M | 26.5M | 33.0M | 36.6M |
| Long Term Deferred Expenses | 35.8M | 36.9M | 16.9M | 40.8M | 48.7M |
| Total Non Current Assets | 902.0M | 1.0B | 1.2B | 1.1B | 1.1B |
| Total Assets | 2.1B | 2.4B | 2.6B | 2.8B | 3.4B |
| Short Term Borrowings | 200.0M | 331.0M | 245.0M | 186.0M | 423.0M |
| Accounts Payable | 475.0M | 428.0M | 383.0M | 489.0M | 726.0M |
| Advance Receipts | 562,000 | 361,600 | 2.6M | 2.6M | -- |
| Contract Liabilities | 2.7M | 296,200 | 801,300 | 142,400 | 1.6M |
| Total Current Liabilities | 1.0B | 1.1B | 937.0M | 909.0M | 1.4B |
| Long Term Borrowings | -- | -- | -- | 30.1M | 56.2M |
| Total Non Current Liabilities | 72.5M | 98.9M | 186.0M | 203.0M | 65.7M |
| Total Liabilities | 1.1B | 1.2B | 1.1B | 1.1B | 1.4B |
| Paid In Capital | 261.0M | 266.0M | 266.0M | 266.0M | 266.0M |
| Capital Reserve | 904.0M | 960.0M | 960.0M | 960.0M | 1.2B |
| Surplus Reserve | 38.6M | 38.6M | 38.6M | 38.6M | 38.6M |
| Retained Earnings | -150.0M | 5.3M | 260.0M | 489.0M | 443.0M |
| Minority Equity | 240,000 | -885,800 | -73,000 | -- | 112.0M |
| Equity Attributable | 1.0B | 1.2B | 1.5B | 1.7B | 1.9B |
| Total Equity | 1.0B | 1.2B | 1.5B | 1.7B | 2.0B |
| 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 | 1.4B | 1.3B | 1.7B | 2.2B | 1.9B |
| Tax Refunds Received | 16.6M | 13.3M | 28.7M | 32.7M | 17.5M |
| Total Operating Cash Inflow | 1.4B | 1.3B | 1.8B | 2.3B | 2.0B |
| Cash Paid For Goods | 679.0M | 772.0M | 1.0B | 1.5B | 1.1B |
| Cash Paid To Employees | 434.0M | 411.0M | 416.0M | 463.0M | 415.0M |
| Taxes Paid | 37.4M | 45.2M | 48.6M | 76.8M | 48.9M |
| Total Operating Cash Outflow | 1.3B | 1.4B | 1.6B | 2.1B | 1.7B |
| Operating Cash Flow | 144.0M | -46.7M | 148.0M | 143.0M | 254.0M |
| Total Investing Cash Inflow | 872.0M | 1.8B | 944.0M | 16.7M | 12.5M |
| Total Investing Cash Outflow | 642.0M | 1.9B | 912.0M | 605.0M | 233.0M |
| Investing Cash Flow | 229.0M | -93.2M | 32.3M | -589.0M | -220.0M |
| Cash From Borrowings | 200.0M | 330.0M | 282.0M | 160.0M | 498.0M |
| Dividends And Interest Paid | 7.5M | 10.1M | 19.0M | 26.0M | 49.5M |
| Debt Repayments | 330.0M | 275.0M | 225.0M | 423.0M | 319.0M |
| Total Financing Cash Inflow | 200.0M | 330.0M | 282.0M | 207.0M | 1.6B |
| Total Financing Cash Outflow | 376.0M | 319.0M | 433.0M | 688.0M | 523.0M |
| Financing Cash Flow | -176.0M | 10.9M | -151.0M | -481.0M | 1.1B |
| Net Change In Cash | 206.0M | -122.0M | 39.3M | -930.0M | 1.1B |
| Ending Cash Balance | 470.0M | 264.0M | 387.0M | 347.0M | 1.3B |
| Capex | 38.9M | 91.5M | 132.0M | 130.0M | 208.0M |