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 | 663.0M | 474.0M | 520.0M | 470.0M | 366.0M |
| Revenue Growth % | 39.9% | -8.8% | 10.6% | 28.4% | -- |
| Total Revenue | 663.0M | 474.0M | 520.0M | 470.0M | 366.0M |
| Cost Of Revenue | 728.0M | 525.0M | 536.0M | 441.0M | 363.0M |
| Gross Profit | -65.0M | -51.0M | -16.0M | 29.0M | 3.0M |
| Gross Margin % | -9.8% | -10.8% | -3.1% | 6.2% | 0.8% |
| Total Operating Cost | 1.2B | 742.0M | 719.0M | 938.0M | 525.0M |
| Selling Expenses | 5.3M | 6.6M | 5.3M | 5.8M | 2.8M |
| Admin Expenses | 118.0M | 106.0M | 116.0M | 143.0M | 121.0M |
| Rd Expenses | 18.4M | 10.5M | 17.1M | 16.7M | 2.5M |
| Finance Expenses | 12.6M | 5.4M | 4.5M | 2.9M | -79,200 |
| Operating Income | -484.0M | -266.0M | -181.0M | -210.0M | 68.7M |
| Operating Margin % | -73.0% | -56.1% | -34.8% | -44.7% | 18.8% |
| Non Operating Income | 1.4M | 10.6M | 6.0M | 74.2M | 7.5M |
| Non Operating Expenses | 100,700 | 52,900 | 12.1M | 4.6M | 62,400 |
| Investment Income | 248,400 | 317,000 | 2.6M | 6.6M | 82.6M |
| Fair Value Change Income | -- | -- | 7.8M | 102.0M | 550,200 |
| Asset Disposal Income | 8.4M | -969,300 | 2.3M | 131.0M | 29.5M |
| Asset Impairment Loss | 266.0M | 77.3M | 32.6M | 319.0M | 26.2M |
| Other Income | 2.8M | 3.3M | 6.2M | 19.9M | 115.0M |
| Income Before Tax | -483.0M | -255.0M | -187.0M | -140.0M | 76.2M |
| Income Tax | -205,200 | -27.7M | 2.6M | 51.2M | 63.5M |
| Net Income | -483.0M | -227.0M | -189.0M | -191.0M | 12.7M |
| Net Margin % | -72.9% | -47.9% | -36.3% | -40.6% | 3.5% |
| Net Income Attributable | -449.0M | -185.0M | -177.0M | -165.0M | 11.0M |
| Minority Interest | -33.8M | -42.5M | -12.2M | -26.5M | 1.7M |
| Eps Basic | -1.22 | -0.50 | -0.48 | -0.45 | 0.03 |
| Eps Diluted | -1.22 | -0.50 | -0.48 | -0.45 | 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 | 33.5M | 37.5M | 79.7M | 78.9M | 182.0M |
| Trading Financial Assets | -- | -- | 183.0M | 310.0M | 318.0M |
| Accounts Receivable | 31.6M | 16.1M | 49.8M | 22.6M | 59.0M |
| Notes Receivable | 155.0M | 101.0M | 128.0M | -- | -- |
| Notes And Accounts Receivable | 186.0M | 117.0M | 178.0M | 22.6M | 59.0M |
| Prepayments | 7.1M | 9.0M | 5.9M | 22.3M | 12.2M |
| Inventory | 109.0M | 138.0M | 113.0M | 166.0M | 123.0M |
| Total Current Assets | 455.0M | 334.0M | 587.0M | 793.0M | 1.0B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 651.0M | 751.0M | 822.0M | 590.0M |
| Fixed Assets Total | 868.0M | 652.0M | 751.0M | 822.0M | 590.0M |
| Construction In Progress | -- | 553.0M | 512.0M | 403.0M | 40.1M |
| Construction In Progress Total | 117.0M | 554.0M | 513.0M | 404.0M | 42.0M |
| Intangible Assets | 26.4M | 31.6M | 51.2M | 63.9M | 109.0M |
| Long Term Deferred Expenses | 2.2M | 922,100 | 311,100 | 470,700 | 12,100 |
| Total Non Current Assets | 1.0B | 1.3B | 1.3B | 1.3B | 1.3B |
| Total Assets | 1.5B | 1.6B | 1.9B | 2.1B | 2.3B |
| Short Term Borrowings | 118.0M | 38.7M | 9.9M | 2.7M | 29.4M |
| Accounts Payable | 217.0M | 122.0M | 120.0M | 167.0M | 98.5M |
| Advance Receipts | 991,000 | 462,200 | 2.6M | 1.9M | 1.1M |
| Contract Liabilities | 9.1M | 4.5M | 18.5M | 27.9M | 42.2M |
| Total Current Liabilities | 774.0M | 387.0M | 469.0M | 521.0M | 622.0M |
| Long Term Borrowings | 219.0M | 213.0M | 195.0M | 103.0M | 10.8M |
| Total Non Current Liabilities | 293.0M | 298.0M | 322.0M | 246.0M | 145.0M |
| Total Liabilities | 1.1B | 685.0M | 791.0M | 767.0M | 767.0M |
| Paid In Capital | 366.0M | 366.0M | 366.0M | 366.0M | 366.0M |
| Capital Reserve | 538.0M | 539.0M | 538.0M | 538.0M | 538.0M |
| Surplus Reserve | 243.0M | 243.0M | 243.0M | 243.0M | 243.0M |
| Retained Earnings | -744.0M | -295.0M | -110.0M | 65.5M | 239.0M |
| Minority Equity | -6.6M | 32.2M | 79.8M | 115.0M | 142.0M |
| Equity Attributable | 424.0M | 872.0M | 1.1B | 1.2B | 1.4B |
| Total Equity | 417.0M | 905.0M | 1.1B | 1.3B | 1.5B |
| 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 | 486.0M | 562.0M | 485.0M | 379.0M | 374.0M |
| Tax Refunds Received | 152,200 | 24.6M | 41.7M | 670,500 | -- |
| Total Operating Cash Inflow | 500.0M | 598.0M | 534.0M | 431.0M | 498.0M |
| Cash Paid For Goods | 445.0M | 557.0M | 428.0M | 296.0M | 272.0M |
| Cash Paid To Employees | 129.0M | 103.0M | 104.0M | 88.8M | 69.9M |
| Taxes Paid | 15.5M | 30.2M | 22.9M | 45.6M | 20.2M |
| Total Operating Cash Outflow | 654.0M | 769.0M | 612.0M | 520.0M | 444.0M |
| Operating Cash Flow | -154.0M | -170.0M | -78.0M | -88.9M | 54.1M |
| Total Investing Cash Inflow | 129.0M | 129.0M | 1.4B | 456.0M | 634.0M |
| Total Investing Cash Outflow | 137.0M | 98.7M | 1.4B | 538.0M | 507.0M |
| Investing Cash Flow | -7.4M | 30.5M | 8.3M | -81.8M | 127.0M |
| Cash From Borrowings | 298.0M | 137.0M | 101.0M | 103.0M | -- |
| Dividends And Interest Paid | 14.3M | 9.7M | 33.0M | 7.5M | 1.4M |
| Debt Repayments | 135.0M | 49.0M | -- | 38.3M | -- |
| Total Financing Cash Inflow | 362.0M | 261.0M | 114.0M | 135.0M | 27.8M |
| Total Financing Cash Outflow | 207.0M | 141.0M | 70.1M | 54.4M | 121.0M |
| Financing Cash Flow | 155.0M | 119.0M | 44.2M | 80.6M | -92.7M |
| Net Change In Cash | -6.4M | -20.7M | -25.5M | -90.4M | 88.0M |
| Ending Cash Balance | 16.3M | 22.6M | 43.3M | 68.8M | 159.0M |
| Capex | 96.7M | 68.7M | 132.0M | 396.0M | 279.0M |