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 | 644.0M | 853.0M | 751.0M | 940.0M | 741.0M |
| Revenue Growth % | -24.5% | 13.6% | -20.1% | 26.9% | -- |
| Total Revenue | 644.0M | 853.0M | 751.0M | 940.0M | 741.0M |
| Cost Of Revenue | 546.0M | 702.0M | 553.0M | 678.0M | 490.0M |
| Gross Profit | 98.0M | 151.0M | 198.0M | 262.0M | 251.0M |
| Gross Margin % | 15.2% | 17.7% | 26.4% | 27.9% | 33.9% |
| Total Operating Cost | 757.0M | 874.0M | 716.0M | 841.0M | 625.0M |
| Selling Expenses | 36.0M | 35.6M | 44.7M | 43.5M | 42.0M |
| Admin Expenses | 76.5M | 64.5M | 48.0M | 38.7M | 32.6M |
| Rd Expenses | 58.2M | 66.3M | 63.7M | 62.4M | 44.4M |
| Finance Expenses | -5.6M | -10.5M | -7.9M | 228,300 | 606,000 |
| Operating Income | -89.0M | 838,000 | 54.6M | 118.0M | 147.0M |
| Operating Margin % | -13.8% | 0.1% | 7.3% | 12.6% | 19.8% |
| Non Operating Income | 626,900 | 904,200 | 8.0M | 2.2M | 146,900 |
| Non Operating Expenses | 5.4M | 1.1M | 1.3M | 443,300 | 1.3M |
| Investment Income | 4.9M | 6.8M | 6.5M | 2.3M | 1.1M |
| Fair Value Change Income | -1.1M | 3.9M | 7.8M | -- | -- |
| Asset Disposal Income | 12,400 | 754,800 | 8,800 | -- | -- |
| Asset Impairment Loss | 3.1M | -303,000 | -103,900 | -1.9M | 7.9M |
| Other Income | 20.2M | 10.0M | 6.1M | 16.0M | 28.9M |
| Income Before Tax | -93.7M | 620,400 | 61.4M | 119.0M | 146.0M |
| Income Tax | -12.7M | -5.9M | 5.0M | 14.2M | 19.3M |
| Net Income | -81.0M | 6.6M | 56.3M | 105.0M | 126.0M |
| Net Margin % | -12.6% | 0.8% | 7.5% | 11.2% | 17.0% |
| Net Income Attributable | -80.0M | 6.6M | 56.3M | 105.0M | 127.0M |
| Minority Interest | -1.1M | -59,800 | -4,900 | 10,400 | -141,700 |
| Eps Basic | -0.52 | 0.04 | 0.40 | 1.37 | 1.65 |
| Eps Diluted | -0.52 | 0.04 | 0.40 | 1.37 | 1.65 |
| 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 | 272.0M | 535.0M | 668.0M | 214.0M | 364.0M |
| Trading Financial Assets | 327.0M | 200.0M | 185.0M | 67.5M | -- |
| Accounts Receivable | 467.0M | 470.0M | 354.0M | 280.0M | 175.0M |
| Notes Receivable | 4.0M | 458,500 | 2.3M | 16.4M | 8.0M |
| Notes And Accounts Receivable | 471.0M | 471.0M | 356.0M | 296.0M | 183.0M |
| Prepayments | 54.3M | 34.5M | 16.9M | 13.1M | 29.1M |
| Inventory | 314.0M | 328.0M | 373.0M | 492.0M | 509.0M |
| Total Current Assets | 1.5B | 1.7B | 1.7B | 1.2B | 1.1B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 328.0M | 321.0M | 11.2M | 9.9M |
| Fixed Assets Total | 400.0M | 328.0M | 321.0M | 11.2M | 9.9M |
| Construction In Progress | -- | 56.0M | 41.5M | 307.0M | 124.0M |
| Construction In Progress Total | 4.3M | 56.0M | 41.5M | 307.0M | 124.0M |
| Intangible Assets | 21.7M | 21.0M | 13.2M | 16.6M | 16.9M |
| Long Term Deferred Expenses | 2.3M | 1.7M | 828,400 | 767,500 | 1.5M |
| Total Non Current Assets | 690.0M | 650.0M | 557.0M | 368.0M | 182.0M |
| Total Assets | 2.2B | 2.3B | 2.2B | 1.5B | 1.3B |
| Short Term Borrowings | 701,500 | 700,700 | 10.4M | 23.8M | 9.4M |
| Accounts Payable | 321.0M | 337.0M | 249.0M | 310.0M | 215.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 223.0M | 238.0M | 267.0M | 340.0M | 473.0M |
| Total Current Liabilities | 723.0M | 695.0M | 604.0M | 748.0M | 750.0M |
| Long Term Borrowings | 10.1M | 6.4M | 11.8M | 149.0M | 44.8M |
| Total Non Current Liabilities | 35.2M | 28.6M | 34.0M | 154.0M | 53.7M |
| Total Liabilities | 758.0M | 724.0M | 638.0M | 903.0M | 803.0M |
| Paid In Capital | 154.0M | 154.0M | 102.0M | 76.8M | 76.8M |
| Capital Reserve | 1.0B | 1.0B | 1.1B | 204.0M | 204.0M |
| Surplus Reserve | 39.7M | 39.7M | 35.9M | 28.3M | 21.1M |
| Retained Earnings | 230.0M | 325.0M | 343.0M | 315.0M | 217.0M |
| Minority Equity | 775,100 | -128,100 | -68,300 | -63,300 | -73,800 |
| Equity Attributable | 1.5B | 1.6B | 1.6B | 624.0M | 519.0M |
| Total Equity | 1.5B | 1.6B | 1.6B | 624.0M | 518.0M |
| 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 | 667.0M | 772.0M | 648.0M | 745.0M | 1.1B |
| Tax Refunds Received | 5.0M | 177,900 | 1.1M | 2.3M | 2.4M |
| Total Operating Cash Inflow | 719.0M | 820.0M | 721.0M | 795.0M | 1.2B |
| Cash Paid For Goods | 571.0M | 546.0M | 469.0M | 572.0M | 739.0M |
| Cash Paid To Employees | 125.0M | 137.0M | 140.0M | 115.0M | 86.5M |
| Taxes Paid | 16.6M | 14.5M | 29.8M | 39.0M | 47.7M |
| Total Operating Cash Outflow | 762.0M | 789.0M | 726.0M | 827.0M | 960.0M |
| Operating Cash Flow | -42.4M | 31.2M | -5.3M | -31.4M | 198.0M |
| Total Investing Cash Inflow | 1.3B | 1.5B | 1.5B | 653.0M | 635.0M |
| Total Investing Cash Outflow | 1.5B | 1.6B | 1.8B | 878.0M | 737.0M |
| Investing Cash Flow | -182.0M | -123.0M | -261.0M | -225.0M | -102.0M |
| Cash From Borrowings | 19.6M | 10.2M | 42.5M | 134.0M | 54.8M |
| Dividends And Interest Paid | 15.8M | 21.2M | 26.6M | 4.4M | 1.2M |
| Debt Repayments | 14.5M | 25.9M | 187.0M | 16.6M | 19.6M |
| Total Financing Cash Inflow | 40.6M | 10.2M | 974.0M | 134.0M | 55.3M |
| Total Financing Cash Outflow | 73.0M | 55.4M | 251.0M | 38.6M | 29.5M |
| Financing Cash Flow | -32.4M | -45.3M | 724.0M | 95.4M | 25.7M |
| Net Change In Cash | -256.0M | -137.0M | 457.0M | -161.0M | 122.0M |
| Ending Cash Balance | 252.0M | 508.0M | 645.0M | 188.0M | 349.0M |
| Capex | 59.4M | 82.0M | 150.0M | 160.0M | 113.0M |