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 | 6.7B | 7.5B | 7.5B | 6.1B | 4.7B |
| Revenue Growth % | -10.5% | -1.1% | 23.6% | 29.3% | -- |
| Total Revenue | 6.7B | 7.5B | 7.5B | 6.1B | 4.7B |
| Cost Of Revenue | 6.8B | 7.3B | 7.3B | 5.8B | 4.2B |
| Gross Profit | -127.0M | 191.0M | 196.0M | 311.0M | 473.0M |
| Gross Margin % | -1.9% | 2.6% | 2.6% | 5.1% | 10.0% |
| Total Operating Cost | 7.3B | 7.6B | 7.8B | 6.1B | 4.6B |
| Selling Expenses | 7.4M | 9.5M | 13.5M | 17.6M | 21.8M |
| Admin Expenses | 199.0M | 185.0M | 240.0M | 223.0M | 218.0M |
| Rd Expenses | 13.7M | 17.1M | 14.4M | 11.7M | 7.2M |
| Finance Expenses | 129.0M | 100.0M | 84.5M | 45.2M | 67.3M |
| Operating Income | -658.0M | 140.0M | -193.0M | -7.8M | 91.5M |
| Operating Margin % | -9.9% | 1.9% | -2.6% | -0.1% | 1.9% |
| Non Operating Income | 2.4M | 1.8M | 16.1M | 15.5M | 4.7M |
| Non Operating Expenses | 921,900 | 514,800 | 2.1M | 2.6M | 4.4M |
| Investment Income | 7.6M | 273.0M | 20.0M | 4.1M | 6.8M |
| Fair Value Change Income | -- | -- | -- | -- | -500,000 |
| Asset Disposal Income | -300,700 | 7.5M | 108,200 | -- | -- |
| Asset Impairment Loss | 135.0M | 15.6M | 29.4M | 8.9M | 43.7M |
| Other Income | 3.1M | 19.4M | 4.5M | 9.6M | 4.3M |
| Income Before Tax | -656.0M | 141.0M | -179.0M | 5.1M | 91.8M |
| Income Tax | 2.7M | -9.2M | -4.0M | 25.7M | 25.8M |
| Net Income | -659.0M | 151.0M | -175.0M | -20.6M | 65.9M |
| Net Margin % | -9.9% | 2.0% | -2.3% | -0.3% | 1.4% |
| Net Income Attributable | -662.0M | 147.0M | -181.0M | -29.7M | 59.0M |
| Minority Interest | 3.4M | 3.5M | 6.2M | 9.2M | 6.9M |
| Eps Basic | -0.62 | 0.15 | -0.18 | -0.03 | 0.06 |
| Eps Diluted | -0.62 | 0.15 | -0.18 | -0.03 | 0.06 |
| 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 | 352.0M | 290.0M | 823.0M | 533.0M | 510.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 1.1B | 1.0B | 956.0M | 950.0M | 713.0M |
| Notes Receivable | 2.9B | 2.2B | 1.2B | 619.0M | -- |
| Notes And Accounts Receivable | 4.0B | 3.2B | 2.1B | 1.6B | 713.0M |
| Prepayments | 18.0M | 61.3M | 89.5M | 18.3M | 49.8M |
| Inventory | 319.0M | 503.0M | 468.0M | 455.0M | 350.0M |
| Total Current Assets | 4.8B | 4.4B | 3.9B | 3.0B | 2.4B |
| Long Term Equity Investment | 52.3M | 49.0M | 45.9M | 43.2M | 41.5M |
| Fixed Assets | -- | 4.6B | 1.8B | 1.8B | 1.9B |
| Fixed Assets Total | 4.2B | 4.6B | 1.8B | 1.8B | 1.9B |
| Construction In Progress | -- | 73.0M | 2.9B | 566.0M | 273.0M |
| Construction In Progress Total | 29.7M | 73.0M | 2.9B | 566.0M | 273.0M |
| Intangible Assets | 636.0M | 636.0M | 694.0M | 717.0M | 589.0M |
| Long Term Deferred Expenses | 2.0M | 2.5M | 3.9M | 4.6M | 5.3M |
| Total Non Current Assets | 5.0B | 5.5B | 5.5B | 3.3B | 2.9B |
| Total Assets | 9.8B | 9.9B | 9.4B | 6.3B | 5.3B |
| Short Term Borrowings | 667.0M | 966.0M | 793.0M | 730.0M | 523.0M |
| Accounts Payable | 3.5B | 2.8B | 2.2B | 945.0M | 383.0M |
| Advance Receipts | 3.6M | 4.8M | 4.3M | 7.7M | 6.2M |
| Contract Liabilities | 23.8M | 23.7M | 25.3M | 25.3M | 35.5M |
| Total Current Liabilities | 5.2B | 5.0B | 4.5B | 2.6B | 1.7B |
| Long Term Borrowings | 754.0M | 826.0M | 701.0M | -- | -- |
| Total Non Current Liabilities | 1.5B | 1.5B | 1.7B | 171.0M | 130.0M |
| Total Liabilities | 6.7B | 6.5B | 6.2B | 2.8B | 1.8B |
| Paid In Capital | 1.1B | 990.0M | 990.0M | 990.0M | 990.0M |
| Capital Reserve | 2.6B | 2.3B | 2.3B | 2.3B | 2.3B |
| Surplus Reserve | 161.0M | 161.0M | 151.0M | 151.0M | 142.0M |
| Retained Earnings | -841.0M | -102.0M | -240.0M | -58.6M | -19.9M |
| Minority Equity | 67.1M | 66.5M | 71.2M | 80.5M | 76.2M |
| Equity Attributable | 3.0B | 3.3B | 3.2B | 3.4B | 3.4B |
| Total Equity | 3.1B | 3.4B | 3.2B | 3.4B | 3.5B |
| 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 | 2.7B | 4.0B | 5.7B | 4.9B | 4.3B |
| Tax Refunds Received | 21.4M | 12.7M | 202.0M | 15.1M | 3.6M |
| Total Operating Cash Inflow | 2.7B | 4.3B | 6.0B | 4.9B | 4.4B |
| Cash Paid For Goods | 2.1B | 4.7B | 4.6B | 4.1B | 3.8B |
| Cash Paid To Employees | 234.0M | 299.0M | 343.0M | 349.0M | 335.0M |
| Taxes Paid | 44.4M | 77.5M | 71.7M | 141.0M | 126.0M |
| Total Operating Cash Outflow | 2.4B | 5.1B | 5.0B | 4.7B | 4.3B |
| Operating Cash Flow | 324.0M | -765.0M | 926.0M | 258.0M | 28.0M |
| Total Investing Cash Inflow | 6.1M | 472.0M | 1.7M | 2.4M | 237.0M |
| Total Investing Cash Outflow | 66.2M | 574.0M | 1.1B | 286.0M | 251.0M |
| Investing Cash Flow | -60.1M | -102.0M | -1.1B | -283.0M | -13.6M |
| Cash From Borrowings | 714.0M | 1.2B | 1.2B | 589.0M | 523.0M |
| Dividends And Interest Paid | 151.0M | 92.9M | 75.9M | 21.7M | 44.2M |
| Debt Repayments | 1.2B | 626.0M | 922.0M | 523.0M | 825.0M |
| Total Financing Cash Inflow | 1.9B | 1.5B | 1.9B | 1.2B | 1.1B |
| Total Financing Cash Outflow | 2.1B | 1.1B | 1.5B | 1.1B | 1.3B |
| Financing Cash Flow | -206.0M | 450.0M | 400.0M | 120.0M | -132.0M |
| Net Change In Cash | 57.5M | -417.0M | 249.0M | 94.5M | -117.0M |
| Ending Cash Balance | 266.0M | 209.0M | 626.0M | 377.0M | 282.0M |
| Capex | 66.2M | 574.0M | 1.1B | 286.0M | 15.4M |