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 | 222.0M | 1.2B | 1.3B | 1.9B | 1.9B |
| Revenue Growth % | -80.9% | -8.8% | -32.9% | -1.3% | -- |
| Total Revenue | 222.0M | 1.2B | 1.3B | 1.9B | 1.9B |
| Cost Of Revenue | 258.0M | 1.1B | 1.1B | 1.8B | 1.9B |
| Gross Profit | -36.0M | 66.0M | 157.0M | 135.0M | 63.0M |
| Gross Margin % | -16.2% | 5.7% | 12.3% | 7.1% | 3.3% |
| Total Operating Cost | 465.0M | 1.4B | 1.4B | 2.2B | 2.3B |
| Selling Expenses | 12.9M | 17.3M | 30.7M | 49.0M | 57.8M |
| Admin Expenses | 81.3M | 133.0M | 100.0M | 146.0M | 136.0M |
| Rd Expenses | 13.7M | 35.3M | 40.5M | 59.9M | 59.2M |
| Finance Expenses | 25.1M | 27.9M | 33.5M | 44.6M | 47.5M |
| Operating Income | -227.0M | -141.0M | 7.7M | -283.0M | -412.0M |
| Operating Margin % | -102.3% | -12.1% | 0.6% | -14.9% | -21.4% |
| Non Operating Income | 2.7M | 49,200 | 641,900 | 392,900 | 5.3M |
| Non Operating Expenses | 36.5M | 11.8M | 2.2M | 882,800 | 4.0M |
| Investment Income | 9.5M | 22.8M | -1.2M | 39.6M | -15.4M |
| Asset Disposal Income | 345,800 | 34.5M | 80.6M | -35.7M | -1.4M |
| Asset Impairment Loss | 69.6M | 49.0M | 21.6M | 37.7M | 66.4M |
| Other Income | 5.8M | 8.5M | 4.5M | 4.4M | 4.5M |
| Income Before Tax | -261.0M | -152.0M | 6.1M | -284.0M | -411.0M |
| Income Tax | 10.0M | 15.2M | -6.6M | -11.4M | -37.3M |
| Net Income | -271.0M | -168.0M | 12.7M | -272.0M | -374.0M |
| Net Margin % | -122.1% | -14.4% | 1.0% | -14.3% | -19.4% |
| Net Income Attributable | -119.0M | -139.0M | 8.0M | -242.0M | -317.0M |
| Minority Interest | -152.0M | -29.0M | 4.7M | -31.0M | -56.4M |
| Eps Basic | -0.74 | -0.87 | 0.05 | -1.51 | -1.98 |
| Eps Diluted | -0.74 | -0.87 | 0.05 | -1.51 | -1.98 |
| 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 | 11.0M | 9.9M | 168.0M | 127.0M | 236.0M |
| Accounts Receivable | 38.3M | 61.5M | 221.0M | 290.0M | 383.0M |
| Notes Receivable | 17.5M | 15.7M | 56.8M | 77.2M | 43.7M |
| Notes And Accounts Receivable | 55.9M | 77.1M | 278.0M | 367.0M | 427.0M |
| Prepayments | 18.0M | 20.2M | 24.7M | 32.9M | 57.4M |
| Inventory | 19.8M | 108.0M | 245.0M | 268.0M | 267.0M |
| Total Current Assets | 173.0M | 319.0M | 844.0M | 963.0M | 1.1B |
| Long Term Equity Investment | -- | -- | 41.3M | 7.4M | 8.2M |
| Fixed Assets | -- | 405.0M | 275.0M | 496.0M | 633.0M |
| Fixed Assets Total | 558.0M | 405.0M | 275.0M | 496.0M | 633.0M |
| Construction In Progress | -- | 242.0M | 12.1M | 34.9M | 142.0M |
| Construction In Progress Total | 19.6M | 242.0M | 12.1M | 34.9M | 142.0M |
| Intangible Assets | 96.9M | 101.0M | 21.4M | 44.1M | 58.4M |
| Long Term Deferred Expenses | 6.4M | 5.7M | 9.7M | 46.0M | 78.6M |
| Total Non Current Assets | 700.0M | 782.0M | 543.0M | 721.0M | 972.0M |
| Total Assets | 873.0M | 1.1B | 1.4B | 1.7B | 2.1B |
| Short Term Borrowings | 110.0M | 189.0M | 286.0M | 316.0M | 478.0M |
| Accounts Payable | 148.0M | 163.0M | 250.0M | 381.0M | 370.0M |
| Advance Receipts | -- | -- | 169,800 | 11.0M | 8.1M |
| Contract Liabilities | 20.3M | 50.4M | 6.2M | 9.6M | 17.9M |
| Total Current Liabilities | 718.0M | 676.0M | 861.0M | 1.2B | 1.2B |
| Long Term Borrowings | 49.9M | 79.9M | 23.2M | 72.6M | 327.0M |
| Total Non Current Liabilities | 148.0M | 155.0M | 165.0M | 111.0M | 340.0M |
| Total Liabilities | 866.0M | 831.0M | 1.0B | 1.3B | 1.5B |
| Paid In Capital | 160.0M | 160.0M | 160.0M | 160.0M | 160.0M |
| Capital Reserve | 456.0M | 456.0M | 456.0M | 456.0M | 450.0M |
| Surplus Reserve | 29.8M | 29.8M | 29.8M | 25.3M | 25.3M |
| Retained Earnings | -618.0M | -499.0M | -355.0M | -361.0M | -119.0M |
| Minority Equity | -21.6M | 123.0M | 71.6M | 58.8M | 81.1M |
| Equity Attributable | 28.0M | 147.0M | 290.0M | 277.0M | 512.0M |
| Total Equity | 6.5M | 270.0M | 362.0M | 336.0M | 593.0M |
| 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 | 189.0M | 1.2B | 1.5B | 1.9B | 2.1B |
| Tax Refunds Received | 28.5M | 10.2M | 30.8M | 31.7M | 28.0M |
| Total Operating Cash Inflow | 396.0M | 1.2B | 1.6B | 2.0B | 2.2B |
| Cash Paid For Goods | 140.0M | 887.0M | 1.1B | 1.4B | 1.6B |
| Cash Paid To Employees | 61.0M | 169.0M | 193.0M | 349.0M | 318.0M |
| Taxes Paid | 8.3M | 19.1M | 45.2M | 28.5M | 24.2M |
| Total Operating Cash Outflow | 411.0M | 1.2B | 1.5B | 1.9B | 2.2B |
| Operating Cash Flow | -14.6M | 86.5M | 85.5M | 112.0M | -61.8M |
| Total Investing Cash Inflow | 94.5M | 90.0M | 442.0M | 59.1M | 4.2M |
| Total Investing Cash Outflow | 68.3M | 536.0M | 161.0M | 182.0M | 329.0M |
| Investing Cash Flow | 26.2M | -446.0M | 281.0M | -123.0M | -325.0M |
| Cash From Borrowings | 89.5M | 366.0M | 259.0M | 431.0M | 953.0M |
| Dividends And Interest Paid | 13.3M | 14.7M | 23.3M | 40.3M | 42.3M |
| Debt Repayments | 108.0M | 193.0M | 652.0M | 529.0M | 650.0M |
| Total Financing Cash Inflow | 120.0M | 693.0M | 376.0M | 505.0M | 1.1B |
| Total Financing Cash Outflow | 134.0M | 388.0M | 700.0M | 588.0M | 787.0M |
| Financing Cash Flow | -15.0M | 305.0M | -324.0M | -83.0M | 350.0M |
| Net Change In Cash | -3.1M | -55.6M | 41.4M | -94.9M | -42.2M |
| Ending Cash Balance | 6.7M | 9.8M | 65.4M | 24.0M | 119.0M |
| Capex | 68.3M | 534.0M | 126.0M | 182.0M | 321.0M |