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 | 584.0M | 850.0M | 1.4B | 1.0B | 1.2B |
| Revenue Growth % | -31.3% | -37.3% | 30.1% | -14.3% | -- |
| Total Revenue | 584.0M | 850.0M | 1.4B | 1.0B | 1.2B |
| Cost Of Revenue | 521.0M | 646.0M | 977.0M | 740.0M | 845.0M |
| Gross Profit | 63.0M | 204.0M | 379.0M | 302.0M | 371.0M |
| Gross Margin % | 10.8% | 24.0% | 27.9% | 29.0% | 30.5% |
| Total Operating Cost | 1.0B | 1.1B | 1.4B | 1.2B | 1.3B |
| Selling Expenses | 111.0M | 139.0M | 158.0M | 193.0M | 176.0M |
| Admin Expenses | 99.9M | 92.9M | 80.0M | 85.4M | 88.9M |
| Rd Expenses | 84.8M | 119.0M | 93.0M | 104.0M | 81.0M |
| Finance Expenses | 46.5M | 43.7M | 38.6M | 50.4M | 52.8M |
| Operating Income | -424.0M | -273.0M | -1.3M | -147.0M | -50.7M |
| Operating Margin % | -72.6% | -32.1% | -0.1% | -14.1% | -4.2% |
| Non Operating Income | 1.8M | 1.6M | 2.3M | 8.1M | 11.8M |
| Non Operating Expenses | 2.9M | 6.7M | 5.7M | 7.8M | 7.2M |
| Investment Income | -2.2M | -160,800 | 59,700 | 42,500 | 1.3M |
| Fair Value Change Income | 751,300 | -207,200 | -562,900 | -956,000 | -1.0M |
| Asset Disposal Income | -628,000 | -101,100 | -22,300 | 37,900 | 1.2M |
| Asset Impairment Loss | 77.6M | 82.9M | 15.3M | 17.8M | 12.0M |
| Other Income | 6.6M | 20.6M | 14.9M | 9.4M | 14.3M |
| Income Before Tax | -425.0M | -278.0M | -4.6M | -146.0M | -46.1M |
| Income Tax | -376,700 | 3.6M | 10.0M | 812,100 | 615,700 |
| Net Income | -424.0M | -281.0M | -14.6M | -147.0M | -46.7M |
| Net Margin % | -72.6% | -33.1% | -1.1% | -14.1% | -3.8% |
| Net Income Attributable | -415.0M | -276.0M | -16.6M | -142.0M | -41.9M |
| Minority Interest | -9.1M | -5.7M | 2.0M | -4.9M | -4.8M |
| Eps Basic | -0.74 | -0.50 | -0.03 | -0.26 | -0.08 |
| Eps Diluted | -0.74 | -0.50 | -0.03 | -0.26 | -0.08 |
| 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 | 135.0M | 126.0M | 223.0M | 132.0M | 172.0M |
| Trading Financial Assets | 2.5M | 1.7M | 1.9M | 2.3M | 3.3M |
| Accounts Receivable | 454.0M | 610.0M | 792.0M | 731.0M | 862.0M |
| Notes Receivable | 4.5M | 9.1M | 12.6M | 25.7M | 9.8M |
| Notes And Accounts Receivable | 459.0M | 619.0M | 805.0M | 757.0M | 872.0M |
| Prepayments | 2.7M | 6.2M | 9.1M | 18.2M | 13.7M |
| Inventory | 299.0M | 358.0M | 428.0M | 456.0M | 307.0M |
| Total Current Assets | 987.0M | 1.2B | 1.5B | 1.4B | 1.4B |
| Long Term Equity Investment | 9.9M | 6.3M | 6.6M | 6.7M | 6.8M |
| Fixed Assets | -- | 588.0M | 680.0M | 754.0M | 828.0M |
| Fixed Assets Total | 477.0M | 588.0M | 680.0M | 754.0M | 828.0M |
| Construction In Progress | -- | 2.4M | 3.4M | 4.7M | 6.0M |
| Construction In Progress Total | 842,800 | 2.4M | 3.4M | 4.7M | 6.0M |
| Intangible Assets | 210.0M | 241.0M | 204.0M | 190.0M | 177.0M |
| Long Term Deferred Expenses | 3.8M | 6.0M | 6.9M | 8.2M | 7.8M |
| Total Non Current Assets | 775.0M | 953.0M | 1.1B | 1.1B | 1.1B |
| Total Assets | 1.8B | 2.1B | 2.6B | 2.6B | 2.6B |
| Short Term Borrowings | 345.0M | 372.0M | 428.0M | 281.0M | 244.0M |
| Accounts Payable | 406.0M | 490.0M | 697.0M | 618.0M | 489.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 29.1M | 26.3M | 26.2M | 39.0M | 19.2M |
| Total Current Liabilities | 1.4B | 1.3B | 1.5B | 1.5B | 1.2B |
| Long Term Borrowings | -- | 77.2M | 113.0M | 21.5M | 191.0M |
| Total Non Current Liabilities | 31.9M | 159.0M | 199.0M | 141.0M | 258.0M |
| Total Liabilities | 1.4B | 1.5B | 1.7B | 1.6B | 1.5B |
| Paid In Capital | 613.0M | 553.0M | 553.0M | 557.0M | 557.0M |
| Capital Reserve | 618.0M | 503.0M | 503.0M | 510.0M | 510.0M |
| Surplus Reserve | 34.4M | 34.4M | 34.4M | 34.4M | 34.4M |
| Retained Earnings | -903.0M | -488.0M | -212.0M | -196.0M | -53.2M |
| Minority Equity | 713,600 | 9.8M | 15.5M | 12.7M | 17.7M |
| Equity Attributable | 363.0M | 603.0M | 879.0M | 895.0M | 1.0B |
| Total Equity | 364.0M | 613.0M | 895.0M | 908.0M | 1.1B |
| 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 | 579.0M | 943.0M | 1.2B | 1.1B | 984.0M |
| Tax Refunds Received | 8.4M | 19.1M | 25.0M | 19.7M | 19.5M |
| Total Operating Cash Inflow | 620.0M | 1.0B | 1.2B | 1.1B | 1.0B |
| Cash Paid For Goods | 459.0M | 462.0M | 662.0M | 736.0M | 483.0M |
| Cash Paid To Employees | 189.0M | 276.0M | 259.0M | 240.0M | 232.0M |
| Taxes Paid | 29.1M | 52.9M | 46.2M | 32.5M | 46.7M |
| Total Operating Cash Outflow | 781.0M | 936.0M | 1.1B | 1.1B | 888.0M |
| Operating Cash Flow | -162.0M | 67.1M | 122.0M | 13.6M | 138.0M |
| Total Investing Cash Inflow | 11.2M | 692,500 | 316,600 | 404,500 | 20.3M |
| Total Investing Cash Outflow | 52.5M | 60.6M | 73.9M | 78.4M | 71.7M |
| Investing Cash Flow | -41.3M | -59.9M | -73.6M | -78.0M | -51.5M |
| Cash From Borrowings | 506.0M | 591.0M | 812.0M | 392.0M | 468.0M |
| Dividends And Interest Paid | 18.0M | 21.9M | 28.9M | 22.6M | 41.9M |
| Debt Repayments | 711.0M | 675.0M | 782.0M | 415.0M | 500.0M |
| Total Financing Cash Inflow | 1.2B | 926.0M | 899.0M | 563.0M | 560.0M |
| Total Financing Cash Outflow | 957.0M | 997.0M | 888.0M | 516.0M | 613.0M |
| Financing Cash Flow | 205.0M | -71.0M | 11.4M | 47.3M | -52.4M |
| Net Change In Cash | 3.4M | -61.5M | 60.8M | -18.9M | 29.8M |
| Ending Cash Balance | 68.5M | 65.1M | 127.0M | 65.8M | 84.8M |
| Capex | 46.8M | 60.6M | 73.9M | 78.4M | 67.2M |