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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.6B | 17.0B | 22.6B | 5.0B | 942.0M | 1.1B | 1.1B | 855.0M | 562.0M | 313.0M | 130.0M | 35.1M |
| Revenue Growth % | -55.1% | -24.8% | 355.3% | 425.9% | -10.6% | 0.0% | 23.3% | 52.1% | 79.6% | 140.8% | 270.1% | -- |
| Total Revenue | 7.6B | 17.0B | 22.6B | 5.0B | 942.0M | 1.1B | 1.1B | 855.0M | 562.0M | 313.0M | 130.0M | 35.1M |
| Cost Of Revenue | 8.0B | 16.9B | 18.0B | 3.5B | 845.0M | 830.0M | 840.0M | 653.0M | 398.0M | 187.0M | 80.4M | 27.7M |
| Gross Profit | -353.0M | 32.0M | 4.5B | 1.4B | 97.0M | 224.0M | 214.0M | 202.0M | 164.0M | 126.0M | 49.6M | 7.4M |
| Gross Margin % | -4.6% | 0.2% | 20.0% | 28.8% | 10.3% | 21.3% | 20.3% | 23.6% | 29.2% | 40.3% | 38.1% | 21.2% |
| Total Operating Cost | 9.4B | 19.2B | 19.8B | 4.0B | 1.0B | 979.0M | 961.0M | 767.0M | 482.0M | 238.0M | 116.0M | 45.6M |
| Selling Expenses | 34.2M | 38.0M | 45.2M | 32.0M | 21.1M | 26.5M | 18.4M | 12.1M | 8.7M | 6.5M | 3.8M | 1.7M |
| Admin Expenses | 316.0M | 432.0M | 591.0M | 177.0M | 77.6M | 46.0M | 30.8M | 27.5M | 28.1M | 34.9M | 25.3M | 15.6M |
| Rd Expenses | 248.0M | 552.0M | 432.0M | 164.0M | 51.5M | 49.1M | 44.5M | 38.3M | 28.0M | -- | -- | -- |
| Finance Expenses | 179.0M | 259.0M | 220.0M | 40.1M | 11.8M | 10.9M | 29.4M | 19.8M | 13.0M | 7.7M | 1.7M | 431,800 |
| Operating Income | -1.8B | -2.2B | 2.8B | 967.0M | -39.0M | 117.0M | 113.0M | 106.0M | 79.2M | 74.6M | 14.3M | -10.5M |
| Operating Margin % | -23.1% | -12.8% | 12.6% | 19.5% | -4.1% | 11.1% | 10.7% | 12.4% | 14.1% | 23.8% | 11.0% | -29.8% |
| Non Operating Income | 1.7M | 6.6M | 5.1M | 2.1M | 181,900 | 66,600 | 147,400 | 111,000 | 10.2M | 4.2M | 2.6M | 6.6M |
| Non Operating Expenses | 14.8M | 13.4M | 11.0M | 18.7M | 4.2M | 2.9M | 2.3M | 728,000 | 1.8M | 314,700 | 256,200 | 111,900 |
| Investment Income | 42.0M | 22.4M | -4.2M | -5.7M | -9.7M | -9.4M | -- | -- | -- | -- | -- | -- |
| Fair Value Change Income | 3.5M | 7.0M | 7.6M | 1.5M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -1.4M | -1.1M | -2.0M | 5.4M | 161,000 | -9,100 | -280,300 | -26,800 | -- | -- | -- | -- |
| Asset Impairment Loss | 670.0M | 1.0B | 224.0M | -- | -- | -- | -8.1M | 11.8M | 3.7M | 74,300 | 3.3M | -76,300 |
| Other Income | 30.8M | 60.4M | 56.0M | 34.4M | 44.1M | 51.3M | 19.9M | 18.3M | -- | -- | -- | -- |
| Income Before Tax | -1.8B | -2.2B | 2.8B | 950.0M | -43.0M | 114.0M | 111.0M | 106.0M | 87.7M | 78.5M | 16.6M | -4.0M |
| Income Tax | -167.0M | -204.0M | 418.0M | 121.0M | -8.1M | 12.9M | 12.5M | 13.0M | 12.1M | 11.5M | 4.6M | -1.1M |
| Net Income | -1.6B | -2.0B | 2.4B | 829.0M | -34.9M | 101.0M | 98.1M | 92.7M | 75.6M | 66.9M | 12.0M | -2.9M |
| Net Margin % | -21.0% | -11.7% | 10.7% | 16.7% | -3.7% | 9.6% | 9.3% | 10.8% | 13.5% | 21.4% | 9.2% | -8.2% |
| Net Income Attributable | -1.3B | -1.6B | 2.4B | 825.0M | -28.4M | 100.0M | 98.1M | 92.7M | 75.6M | 66.9M | 12.0M | -2.9M |
| Minority Interest | -264.0M | -345.0M | 27.2M | 3.8M | -6.5M | 1.1M | -- | -- | -- | -- | -- | -- |
| Eps Basic | -4.81 | -5.87 | 8.91 | 5.13 | -0.36 | 2.56 | 3.06 | 2.89 | 2.36 | 2.21 | 0.40 | -- |
| Eps Diluted | -4.81 | -5.85 | 8.63 | 5.06 | -0.36 | 2.56 | 3.06 | 2.89 | 2.36 | 2.21 | 0.40 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 3.0B | 2.9B | 3.5B | 1.9B | 1.2B | 300.0M | 102.0M | 16.8M | 41.2M | 69.4M | 17.9M | 2.8M |
| Trading Financial Assets | 130.0M | 1.7B | -- | 50.7M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.6B | 2.3B | 4.4B | 1.3B | 261.0M | 230.0M | 117.0M | 208.0M | 88.5M | 25.3M | 41.6M | 19.3M |
| Notes Receivable | 14.4M | -- | -- | -- | -- | -- | 285.0M | 221.0M | 44.3M | 51.5M | 16.2M | 724,300 |
| Notes And Accounts Receivable | 1.6B | 2.3B | 4.4B | 1.3B | 261.0M | 230.0M | 402.0M | 429.0M | 133.0M | 76.8M | 57.8M | 20.0M |
| Prepayments | 44.5M | 98.6M | 270.0M | 299.0M | 64.2M | 4.0M | 3.6M | 13.7M | 5.9M | 6.2M | 981,700 | 703,000 |
| Inventory | 981.0M | 846.0M | 5.1B | 1.6B | 250.0M | 99.0M | 89.1M | 76.2M | 53.9M | 35.3M | 12.0M | 9.5M |
| Total Current Assets | 7.0B | 9.2B | 18.3B | 5.5B | 2.0B | 941.0M | 599.0M | 540.0M | 249.0M | 193.0M | 90.7M | 35.9M |
| Long Term Equity Investment | 178.0M | 176.0M | 97.6M | 20.5M | 18.8M | 18.8M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 5.4B | 4.0B | 2.1B | 718.0M | 325.0M | 282.0M | -- | 251.0M | 96.4M | 48.7M | 46.2M |
| Fixed Assets Total | 5.3B | 5.4B | 4.0B | 2.1B | 718.0M | 325.0M | 282.0M | 266.0M | 251.0M | 96.4M | 48.7M | 46.2M |
| Construction In Progress | -- | 2.9B | 3.6B | 297.0M | 674.0M | 132.0M | 43.8M | -- | 28.4M | 8.2M | 34,000 | 149,300 |
| Construction In Progress Total | 2.4B | 2.9B | 3.6B | 297.0M | 674.0M | 132.0M | 43.8M | 5.3M | 28.4M | 8.2M | 34,000 | 149,300 |
| Intangible Assets | 674.0M | 575.0M | 385.0M | 198.0M | 208.0M | 124.0M | 43.0M | 43.3M | 43.8M | 9.6M | 9.6M | 9.9M |
| Long Term Deferred Expenses | 158.0M | 224.0M | 223.0M | 93.4M | 28.6M | 28.8M | 20.1M | 23.0M | 26.9M | 6.9M | 2.9M | 1.4M |
| Total Non Current Assets | 10.8B | 11.5B | 10.8B | 3.5B | 1.8B | 768.0M | 419.0M | 356.0M | 362.0M | 172.0M | 73.9M | 67.3M |
| Total Assets | 17.8B | 20.7B | 29.1B | 9.0B | 3.8B | 1.7B | 1.0B | 896.0M | 611.0M | 365.0M | 165.0M | 103.0M |
| Short Term Borrowings | 1.7B | 1.2B | 4.7B | 996.0M | 305.0M | 130.0M | 92.5M | 262.0M | 72.4M | 40.8M | 29.5M | 3.4M |
| Accounts Payable | 2.3B | 3.0B | 4.5B | 996.0M | 444.0M | 126.0M | 96.6M | 63.6M | 81.8M | 30.7M | 19.7M | 8.1M |
| Advance Receipts | -- | -- | -- | -- | -- | 93.1M | 28,600 | 257,400 | 116,200 | 3.6M | 700,000 | 60,000 |
| Contract Liabilities | 56.4M | 81.6M | 592.0M | 478.0M | 106.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 8.0B | 7.8B | 14.2B | 4.5B | 1.5B | 660.0M | 439.0M | 452.0M | 236.0M | 111.0M | 63.6M | 19.3M |
| Long Term Borrowings | 1.8B | 3.0B | 2.5B | 160.0M | 20.0M | -- | -- | -- | 16.0M | -- | -- | -- |
| Total Non Current Liabilities | 3.0B | 4.2B | 4.2B | 407.0M | 101.0M | 60.9M | 82.5M | 44.7M | 69.5M | 25.3M | 21.9M | 24.8M |
| Total Liabilities | 10.9B | 12.0B | 18.4B | 5.0B | 1.6B | 721.0M | 521.0M | 497.0M | 305.0M | 136.0M | 85.5M | 44.1M |
| Paid In Capital | 280.0M | 279.0M | 174.0M | 89.2M | 89.6M | 42.7M | 32.1M | 32.1M | 32.1M | 32.1M | 30.0M | 20.0M |
| Capital Reserve | 5.6B | 5.6B | 5.4B | 1.8B | 1.7B | 506.0M | 122.0M | 122.0M | 122.0M | 120.0M | 39.4M | 45.9M |
| Surplus Reserve | 48.7M | 48.7M | 48.7M | 21.5M | 16.1M | 16.1M | 11.0M | 7.3M | 7.3M | 3.4M | 180,000 | -- |
| Retained Earnings | 290.0M | 1.6B | 3.4B | 1.2B | 355.0M | 383.0M | 332.0M | 238.0M | 145.0M | 73.3M | 9.6M | -6.8M |
| Minority Equity | 1.3B | 1.6B | 1.8B | 934.0M | 82.1M | 40.3M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 5.5B | 7.1B | 8.8B | 3.1B | 2.1B | 948.0M | 497.0M | 399.0M | 306.0M | 229.0M | 79.1M | 59.1M |
| Total Equity | 6.9B | 8.7B | 10.7B | 4.0B | 2.2B | 988.0M | 497.0M | 399.0M | 306.0M | 229.0M | 79.1M | 59.1M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 5.7B | 15.2B | 6.6B | 1.8B | 901.0M | 826.0M | 740.0M | 260.0M | 399.0M | 251.0M | 63.0M | 33.4M |
| Tax Refunds Received | 3.9M | 104.0M | 134.0M | 70.4M | -- | 281,400 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 5.8B | 15.5B | 6.9B | 1.9B | 975.0M | 902.0M | 759.0M | 273.0M | 406.0M | 254.0M | 64.1M | 38.3M |
| Cash Paid For Goods | 4.8B | 7.9B | 11.4B | 2.0B | 652.0M | 387.0M | 413.0M | 324.0M | 236.0M | 118.0M | 25.9M | 11.6M |
| Cash Paid To Employees | 619.0M | 924.0M | 759.0M | 356.0M | 128.0M | 111.0M | 90.2M | 73.0M | 58.3M | 31.9M | 15.7M | 9.8M |
| Taxes Paid | 70.0M | 538.0M | 714.0M | 122.0M | 35.9M | 48.9M | 48.5M | 44.8M | 38.6M | 30.3M | 9.1M | 3.3M |
| Total Operating Cash Outflow | 5.7B | 9.5B | 13.1B | 2.5B | 879.0M | 613.0M | 592.0M | 476.0M | 367.0M | 197.0M | 63.1M | 34.3M |
| Operating Cash Flow | 143.0M | 6.0B | -6.1B | -616.0M | 95.6M | 289.0M | 167.0M | -203.0M | 38.6M | 57.5M | 1.1M | 4.0M |
| Total Investing Cash Inflow | 5.7B | 3.3B | 6.3B | 666.0M | 385.0M | 2.7M | 362,500 | 37,000 | 1,100 | -- | -- | 4.1M |
| Total Investing Cash Outflow | 4.6B | 6.6B | 9.9B | 1.6B | 970.0M | 496.0M | 51.2M | 50.8M | 147.0M | 105.0M | 13.6M | 14.4M |
| Investing Cash Flow | 1.1B | -3.3B | -3.6B | -919.0M | -584.0M | -493.0M | -50.8M | -50.8M | -147.0M | -105.0M | -13.6M | -10.3M |
| Cash From Borrowings | 2.5B | 4.3B | 7.4B | 1.2B | 304.0M | 135.0M | 118.0M | 370.0M | 105.0M | 49.0M | 41.5M | 11.5M |
| Dividends And Interest Paid | 166.0M | 440.0M | 281.0M | 35.8M | 9.0M | 47.8M | 8.2M | 7.3M | 4.9M | 3.2M | 799,100 | 463,400 |
| Debt Repayments | 3.2B | 6.3B | 1.2B | 313.0M | 159.0M | 97.9M | 213.0M | 102.0M | 49.3M | 37.7M | 15.5M | 18.3M |
| Total Financing Cash Inflow | 2.8B | 4.5B | 12.7B | 2.1B | 1.5B | 583.0M | 148.0M | 372.0M | 119.0M | 130.0M | 43.9M | 19.5M |
| Total Financing Cash Outflow | 4.1B | 7.4B | 1.9B | 392.0M | 173.0M | 213.0M | 237.0M | 120.0M | 59.0M | 41.5M | 17.0M | 18.7M |
| Financing Cash Flow | -1.3B | -2.9B | 10.7B | 1.7B | 1.3B | 371.0M | -88.8M | 252.0M | 60.5M | 88.3M | 26.9M | 748,100 |
| Net Change In Cash | -86.1M | -241.0M | 1.0B | 213.0M | 848.0M | 166.0M | 27.6M | -1.7M | -48.1M | 40.8M | 14.4M | -5.6M |
| Ending Cash Balance | 2.0B | 2.0B | 2.3B | 1.3B | 1.1B | 202.0M | 35.8M | 8.2M | 10.0M | 58.1M | 17.3M | 2.8M |
| Capex | 477.0M | 1.6B | 2.6B | 827.0M | 760.0M | 354.0M | 51.2M | 50.8M | 147.0M | 105.0M | 13.6M | 10.4M |