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 | 925.0M | 900.0M | 1.3B | 1.2B | 1.2B |
| Revenue Growth % | 2.8% | -29.4% | 4.0% | 5.1% | -- |
| Total Revenue | 925.0M | 900.0M | 1.3B | 1.2B | 1.2B |
| Cost Of Revenue | 883.0M | 792.0M | 1.1B | 1.2B | 954.0M |
| Gross Profit | 42.0M | 108.0M | 186.0M | 33.0M | 213.0M |
| Gross Margin % | 4.5% | 12.0% | 14.6% | 2.7% | 18.3% |
| Total Operating Cost | 1.1B | 1.1B | 1.3B | 1.5B | 1.2B |
| Selling Expenses | 41.7M | 48.9M | 57.1M | 58.9M | 57.3M |
| Admin Expenses | 101.0M | 104.0M | 102.0M | 99.3M | 86.0M |
| Rd Expenses | 49.3M | 49.3M | 65.4M | 61.2M | 60.6M |
| Finance Expenses | 10.1M | 5.9M | -26.2M | 9.3M | 2.7M |
| Operating Income | -189.0M | -202.0M | -29.7M | -223.0M | 21.5M |
| Operating Margin % | -20.4% | -22.4% | -2.3% | -18.2% | 1.8% |
| Non Operating Income | 6.7M | 1.6M | 631,400 | 3.1M | 1.5M |
| Non Operating Expenses | 19.7M | 22.1M | 3.1M | 3.2M | 1.2M |
| Investment Income | -2.4M | -21.4M | -17.3M | 3.3M | 935,800 |
| Asset Disposal Income | 61,200 | 2.9M | 10.6M | 1.3M | 13.6M |
| Asset Impairment Loss | 20.1M | 76.7M | 8.9M | 40.5M | 7.8M |
| Other Income | 12.1M | 7.0M | 18.1M | 17.1M | 35.0M |
| Income Before Tax | -202.0M | -223.0M | -32.2M | -223.0M | 21.7M |
| Income Tax | -3.5M | -10.7M | 1.6M | -3.6M | 1.6M |
| Net Income | -198.0M | -212.0M | -33.7M | -219.0M | 20.1M |
| Net Margin % | -21.4% | -23.6% | -2.6% | -17.9% | 1.7% |
| Net Income Attributable | -187.0M | -195.0M | -40.0M | -197.0M | 17.3M |
| Minority Interest | -10.8M | -16.7M | 6.2M | -22.0M | 2.9M |
| Eps Basic | -0.29 | -0.31 | -0.06 | -0.40 | 0.04 |
| Eps Diluted | -0.29 | -0.31 | -0.06 | -0.31 | 0.03 |
| 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 | 258.0M | 333.0M | 503.0M | 717.0M | 632.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 637.0M | 665.0M | 585.0M | 676.0M | 797.0M |
| Notes Receivable | 63.1M | 54.6M | 25.9M | 51.1M | 11.2M |
| Notes And Accounts Receivable | 700.0M | 719.0M | 611.0M | 727.0M | 808.0M |
| Prepayments | 46.1M | 43.5M | 63.6M | 74.6M | 115.0M |
| Inventory | 499.0M | 541.0M | 623.0M | 813.0M | 897.0M |
| Total Current Assets | 1.6B | 1.8B | 1.9B | 2.6B | 2.7B |
| Long Term Equity Investment | 397.0M | 399.0M | 348.0M | -- | -- |
| Fixed Assets | -- | 686.0M | -- | -- | -- |
| Fixed Assets Total | 667.0M | 686.0M | 737.0M | 908.0M | 750.0M |
| Construction In Progress | -- | 102.0M | -- | -- | -- |
| Construction In Progress Total | 106.0M | 102.0M | 24.7M | 2.1M | 215.0M |
| Intangible Assets | 105.0M | 108.0M | 95.6M | 162.0M | 162.0M |
| Long Term Deferred Expenses | 6.2M | 7.7M | 6.8M | 9.8M | 15.2M |
| Total Non Current Assets | 1.4B | 1.4B | 1.3B | 1.2B | 1.2B |
| Total Assets | 3.0B | 3.1B | 3.2B | 3.7B | 3.9B |
| Short Term Borrowings | 258.0M | 307.0M | 364.0M | 382.0M | 446.0M |
| Accounts Payable | 514.0M | 451.0M | 416.0M | 522.0M | 454.0M |
| Advance Receipts | 15.0M | -- | -- | -- | 1.5M |
| Contract Liabilities | 73.2M | 62.9M | 51.8M | 188.0M | 133.0M |
| Total Current Liabilities | 1.2B | 1.2B | 1.2B | 1.5B | 1.5B |
| Long Term Borrowings | 190.0M | 140.0M | -- | -- | -- |
| Total Non Current Liabilities | 310.0M | 241.0M | 84.1M | 88.2M | 87.2M |
| Total Liabilities | 1.5B | 1.5B | 1.3B | 1.6B | 1.6B |
| Paid In Capital | 638.0M | 638.0M | 638.0M | 638.0M | 638.0M |
| Capital Reserve | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Surplus Reserve | 44.8M | 44.8M | 44.8M | 44.8M | 44.8M |
| Retained Earnings | -433.0M | -246.0M | -50.6M | -341,400 | 197.0M |
| Minority Equity | 28.9M | 39.1M | 55.2M | 274.0M | 296.0M |
| Equity Attributable | 1.5B | 1.6B | 1.8B | 1.9B | 2.1B |
| Total Equity | 1.5B | 1.7B | 1.9B | 2.2B | 2.4B |
| 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 | 774.0M | 689.0M | 1.2B | 1.1B | 996.0M |
| Tax Refunds Received | 1.7M | 315,800 | 2.6M | 446,600 | 4.5M |
| Total Operating Cash Inflow | 811.0M | 721.0M | 1.2B | 1.2B | 1.8B |
| Cash Paid For Goods | 562.0M | 515.0M | 794.0M | 628.0M | 653.0M |
| Cash Paid To Employees | 206.0M | 204.0M | 279.0M | 237.0M | 206.0M |
| Taxes Paid | 36.9M | 42.7M | 47.6M | 45.4M | 51.6M |
| Total Operating Cash Outflow | 873.0M | 838.0M | 1.2B | 993.0M | 1.7B |
| Operating Cash Flow | -62.3M | -117.0M | 20.6M | 192.0M | 7.3M |
| Total Investing Cash Inflow | 15.1M | -- | 245.0M | 275.0M | 308.0M |
| Total Investing Cash Outflow | 26.9M | 123.0M | 445.0M | 381.0M | 258.0M |
| Investing Cash Flow | -11.8M | -123.0M | -200.0M | -106.0M | 50.4M |
| Cash From Borrowings | 318.0M | 497.0M | 248.0M | 405.0M | 343.0M |
| Dividends And Interest Paid | 11.1M | 10.6M | 20.0M | 9.3M | 16.9M |
| Debt Repayments | 317.0M | 414.0M | 266.0M | 469.0M | 264.0M |
| Total Financing Cash Inflow | 318.0M | 497.0M | 338.0M | 405.0M | 343.0M |
| Total Financing Cash Outflow | 328.0M | 425.0M | 290.0M | 478.0M | 341.0M |
| Financing Cash Flow | -10.1M | 72.4M | 48.2M | -73.3M | 2.4M |
| Net Change In Cash | -84.2M | -168.0M | -131.0M | 13.0M | 60.1M |
| Ending Cash Balance | 240.0M | 324.0M | 492.0M | 623.0M | 610.0M |
| Capex | 26.9M | 107.0M | 69.0M | 33.9M | 27.7M |