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 | 3.2B | 3.4B | 2.7B | 3.2B | 2.6B |
| Revenue Growth % | -5.8% | 25.0% | -14.4% | 23.0% | -- |
| Total Revenue | 3.2B | 3.4B | 2.7B | 3.2B | 2.6B |
| Cost Of Revenue | 3.1B | 3.1B | 2.5B | 2.8B | 2.2B |
| Gross Profit | 147.0M | 370.0M | 224.0M | 369.0M | 435.0M |
| Gross Margin % | 4.6% | 10.8% | 8.2% | 11.5% | 16.7% |
| Total Operating Cost | 3.7B | 3.4B | 2.7B | 3.1B | 2.4B |
| Selling Expenses | 42.1M | 41.2M | 24.4M | 35.4M | 37.1M |
| Admin Expenses | 190.0M | 119.0M | 83.8M | 81.6M | 83.6M |
| Rd Expenses | 112.0M | 71.0M | 31.5M | 24.4M | 15.5M |
| Finance Expenses | 72.6M | 46.8M | 41.1M | 63.8M | 52.8M |
| Operating Income | -70.1M | 52.0M | 46.3M | 113.0M | 274.0M |
| Operating Margin % | -2.2% | 1.5% | 1.7% | 3.5% | 10.5% |
| Non Operating Income | 13.1M | 691,300 | 165,500 | 40,000 | 506,800 |
| Non Operating Expenses | 2.0M | 4.3M | 1.4M | 1.5M | 2.8M |
| Investment Income | -5.0M | -3.0M | 4.4M | -4.4M | 8.7M |
| Fair Value Change Income | 332.0M | -517,300 | -5.0M | -3.7M | -11.9M |
| Asset Disposal Income | 339,800 | 2.9M | -146,100 | -- | 50.3M |
| Asset Impairment Loss | 164.0M | 2.7M | 13.2M | 14.6M | 26.3M |
| Other Income | 42.4M | 12.9M | 4.4M | 1.7M | 1.6M |
| Income Before Tax | -59.0M | 48.4M | 45.1M | 112.0M | 272.0M |
| Income Tax | 25.0M | -27.6M | 11.0M | 18.1M | 50.7M |
| Net Income | -84.0M | 75.9M | 34.0M | 93.5M | 221.0M |
| Net Margin % | -2.6% | 2.2% | 1.2% | 2.9% | 8.5% |
| Net Income Attributable | 91.3M | 68.8M | 32.2M | 93.3M | 219.0M |
| Minority Interest | -175.0M | 7.2M | 1.8M | 141,000 | 2.5M |
| Eps Basic | 0.08 | 0.06 | 0.03 | 0.08 | 0.19 |
| Eps Diluted | 0.08 | 0.06 | 0.03 | 0.08 | 0.19 |
| 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 | 1.9B | 1.2B | 806.0M | 795.0M | 978.0M |
| Trading Financial Assets | 333.0M | -- | 20.00 | 36.0M | 19.5M |
| Accounts Receivable | 1.0B | 1.2B | 725.0M | 918.0M | 901.0M |
| Notes Receivable | 283.0M | 407.0M | 347.0M | 478.0M | 317.0M |
| Notes And Accounts Receivable | 1.3B | 1.6B | 1.1B | 1.4B | 1.2B |
| Prepayments | 99.5M | 272.0M | 100.0M | 76.9M | 143.0M |
| Inventory | 921.0M | 1.1B | 702.0M | 907.0M | 608.0M |
| Total Current Assets | 5.4B | 5.1B | 3.6B | 4.1B | 3.8B |
| Long Term Equity Investment | 98.7M | 128.0M | 151.0M | 154.0M | 175.0M |
| Fixed Assets | -- | 1.4B | 753.0M | 654.0M | 506.0M |
| Fixed Assets Total | 1.3B | 1.4B | 753.0M | 654.0M | 506.0M |
| Construction In Progress | -- | 6.2M | 5.5M | 7.4M | -- |
| Construction In Progress Total | 62.1M | 7.5M | 5.5M | 7.4M | -- |
| Intangible Assets | 443.0M | 466.0M | 135.0M | 139.0M | 143.0M |
| Long Term Deferred Expenses | 3.8M | 2.7M | 2.1M | 2.6M | 2.6M |
| Total Non Current Assets | 2.6B | 2.6B | 1.2B | 1.1B | 970.0M |
| Total Assets | 8.0B | 7.8B | 4.8B | 5.2B | 4.7B |
| Short Term Borrowings | 2.4B | 1.9B | 1.6B | 1.5B | 1.6B |
| Accounts Payable | 404.0M | 567.0M | 269.0M | 246.0M | 147.0M |
| Advance Receipts | 1.9M | 235,200 | 78,400 | 118,500 | -- |
| Contract Liabilities | 343.0M | 243.0M | 48.5M | 165.0M | 102.0M |
| Total Current Liabilities | 4.4B | 4.3B | 2.1B | 2.5B | 2.1B |
| Long Term Borrowings | 507.0M | 281.0M | -- | 44.0M | -- |
| Total Non Current Liabilities | 700.0M | 441.0M | 6.7M | 50.5M | 735,700 |
| Total Liabilities | 5.1B | 4.7B | 2.2B | 2.6B | 2.1B |
| Paid In Capital | 1.1B | 1.1B | 1.1B | 1.1B | 1.1B |
| Capital Reserve | 1.3B | 1.3B | 1.3B | 1.3B | 1.2B |
| Surplus Reserve | 226.0M | 185.0M | 180.0M | 178.0M | 172.0M |
| Retained Earnings | 121.0M | 128.0M | 75.8M | 102.0M | 128.0M |
| Minority Equity | 225.0M | 415.0M | 21.9M | 20.1M | 19.0M |
| Equity Attributable | 2.7B | 2.7B | 2.6B | 2.6B | 2.6B |
| Total Equity | 2.9B | 3.1B | 2.6B | 2.6B | 2.6B |
| 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 | 3.2B | 3.6B | 2.8B | 2.7B | 2.7B |
| Tax Refunds Received | 60.3M | 39.4M | 41.1M | 8.9M | 2.6M |
| Total Operating Cash Inflow | 3.5B | 3.7B | 3.2B | 2.7B | 2.8B |
| Cash Paid For Goods | 2.3B | 3.1B | 2.4B | 2.1B | 2.7B |
| Cash Paid To Employees | 312.0M | 277.0M | 179.0M | 176.0M | 150.0M |
| Taxes Paid | 97.6M | 113.0M | 92.4M | 92.4M | 180.0M |
| Total Operating Cash Outflow | 3.3B | 3.7B | 2.7B | 2.7B | 3.2B |
| Operating Cash Flow | 158.0M | 2.2M | 447.0M | 38.2M | -380.0M |
| Total Investing Cash Inflow | 146.0M | 149.0M | 408.0M | 427.0M | 493.0M |
| Total Investing Cash Outflow | 723.0M | 631.0M | 478.0M | 718.0M | 524.0M |
| Investing Cash Flow | -577.0M | -482.0M | -69.5M | -290.0M | -31.3M |
| Cash From Borrowings | 3.3B | 2.2B | 2.2B | 2.3B | 1.9B |
| Dividends And Interest Paid | 142.0M | 71.6M | 106.0M | 196.0M | 66.6M |
| Debt Repayments | 2.4B | 1.6B | 2.2B | 2.3B | 1.4B |
| Total Financing Cash Inflow | 3.5B | 2.3B | 2.2B | 2.3B | 1.9B |
| Total Financing Cash Outflow | 2.6B | 1.7B | 2.3B | 2.5B | 1.5B |
| Financing Cash Flow | 826.0M | 583.0M | -105.0M | -186.0M | 413.0M |
| Net Change In Cash | 402.0M | 104.0M | 275.0M | -446.0M | -1.2M |
| Ending Cash Balance | 1.2B | 751.0M | 647.0M | 372.0M | 819.0M |
| Capex | 119.0M | 110.0M | 290.0M | 211.0M | 183.0M |