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 | 675.0M | 1.1B | 870.0M | 832.0M | 1.2B |
| Revenue Growth % | -39.5% | 28.2% | 4.6% | -29.5% | -- |
| Total Revenue | 675.0M | 1.1B | 870.0M | 832.0M | 1.2B |
| Cost Of Revenue | 585.0M | 973.0M | 755.0M | 718.0M | 936.0M |
| Gross Profit | 90.0M | 142.0M | 115.0M | 114.0M | 244.0M |
| Gross Margin % | 13.3% | 12.7% | 13.2% | 13.7% | 20.7% |
| Total Operating Cost | 788.0M | 1.3B | 1.1B | 1.0B | 1.1B |
| Selling Expenses | 31.5M | 23.5M | 32.4M | 37.4M | 29.3M |
| Admin Expenses | 77.0M | 65.2M | 64.8M | 79.4M | 79.5M |
| Rd Expenses | 50.9M | 57.8M | 53.4M | 50.0M | 58.3M |
| Finance Expenses | 12.4M | 20.2M | 20.1M | 21.6M | 29.0M |
| Operating Income | -95.7M | -121.0M | -204.0M | -168.0M | 50.2M |
| Operating Margin % | -14.2% | -10.9% | -23.4% | -20.2% | 4.3% |
| Non Operating Income | 14.2M | 4.1M | 13.0M | 1.5M | 1.2M |
| Non Operating Expenses | 4.0M | 19.2M | 944,000 | 26.1M | 40.3M |
| Investment Income | 11.6M | 4.9M | 2.8M | 31.3M | -4.5M |
| Fair Value Change Income | -10.5M | 693,800 | 924,500 | 1.5M | -589,300 |
| Asset Disposal Income | -59,000 | 155,700 | 640,400 | -- | 6,300 |
| Asset Impairment Loss | 48.2M | 50.4M | 83.7M | 27.8M | 9.4M |
| Other Income | 16.3M | 20.3M | 17.6M | 17.0M | 23.3M |
| Income Before Tax | -85.5M | -136.0M | -192.0M | -192.0M | 11.2M |
| Income Tax | 1.8M | 2.2M | -8.7M | -15.8M | -638,600 |
| Net Income | -87.3M | -139.0M | -184.0M | -176.0M | 11.8M |
| Net Margin % | -12.9% | -12.5% | -21.1% | -21.2% | 1.0% |
| Net Income Attributable | -88.4M | -140.0M | -184.0M | -174.0M | 18.5M |
| Minority Interest | 1.1M | 948,900 | 535,600 | -2.7M | -6.7M |
| Eps Basic | -0.25 | -0.39 | -0.52 | -0.49 | 0.05 |
| Eps Diluted | -0.25 | -0.39 | -0.52 | -0.49 | 0.05 |
| 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 | 221.0M | 247.0M | 281.0M | 221.0M | 300.0M |
| Trading Financial Assets | 1.4M | 1.5M | 1.5M | 2.0M | 1.5M |
| Accounts Receivable | 436.0M | 676.0M | 691.0M | 659.0M | 769.0M |
| Notes Receivable | 70.9M | 138.0M | 143.0M | 212.0M | 153.0M |
| Notes And Accounts Receivable | 507.0M | 814.0M | 835.0M | 872.0M | 922.0M |
| Prepayments | 45.0M | 31.1M | 70.5M | 73.2M | 112.0M |
| Inventory | 488.0M | 480.0M | 545.0M | 500.0M | 389.0M |
| Total Current Assets | 1.4B | 1.7B | 1.9B | 1.8B | 1.9B |
| Long Term Equity Investment | 161.0M | 151.0M | 148.0M | 198.0M | 250.0M |
| Fixed Assets | -- | 567.0M | 614.0M | 668.0M | 724.0M |
| Fixed Assets Total | 517.0M | 567.0M | 614.0M | 668.0M | 724.0M |
| Construction In Progress | -- | -- | 1.0M | 2.2M | -- |
| Construction In Progress Total | 99,900 | -- | 1.0M | 2.2M | -- |
| Intangible Assets | 84.4M | 89.9M | 95.4M | 101.0M | 107.0M |
| Long Term Deferred Expenses | -- | -- | -- | -- | 19.4M |
| Total Non Current Assets | 880.0M | 934.0M | 984.0M | 1.1B | 1.1B |
| Total Assets | 2.3B | 2.7B | 2.9B | 2.9B | 3.1B |
| Short Term Borrowings | 250.0M | 443.0M | 416.0M | 399.0M | 477.0M |
| Accounts Payable | 181.0M | 386.0M | 328.0M | 288.0M | 239.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 343.0M | 225.0M | 258.0M | 228.0M | 197.0M |
| Total Current Liabilities | 957.0M | 1.3B | 1.4B | 1.2B | 1.2B |
| Long Term Borrowings | 40.0M | 40.0M | -- | 87.0M | -- |
| Total Non Current Liabilities | 60.3M | 66.6M | 32.7M | 125.0M | 62.4M |
| Total Liabilities | 1.0B | 1.4B | 1.4B | 1.3B | 1.3B |
| Paid In Capital | 355.0M | 355.0M | 355.0M | 355.0M | 355.0M |
| Capital Reserve | 1.0B | 997.0M | 997.0M | 997.0M | 997.0M |
| Surplus Reserve | 49.9M | 49.9M | 49.9M | 49.9M | 49.9M |
| Retained Earnings | -217.0M | -128.0M | 11.3M | 195.0M | 369.0M |
| Minority Equity | 13.3M | 12.2M | 11.3M | 10.7M | 1.9M |
| Equity Attributable | 1.2B | 1.3B | 1.4B | 1.6B | 1.8B |
| Total Equity | 1.2B | 1.3B | 1.4B | 1.6B | 1.8B |
| 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 | 990.0M | 909.0M | 849.0M | 663.0M | 1.0B |
| Tax Refunds Received | -- | 3.7M | 28.3M | 5.1M | -- |
| Total Operating Cash Inflow | 1.1B | 969.0M | 951.0M | 721.0M | 1.1B |
| Cash Paid For Goods | 516.0M | 527.0M | 556.0M | 403.0M | 783.0M |
| Cash Paid To Employees | 205.0M | 194.0M | 199.0M | 207.0M | 186.0M |
| Taxes Paid | 77.6M | 67.0M | 56.0M | 43.9M | 60.7M |
| Total Operating Cash Outflow | 907.0M | 915.0M | 932.0M | 697.0M | 1.1B |
| Operating Cash Flow | 149.0M | 54.5M | 19.0M | 23.7M | 7.0M |
| Total Investing Cash Inflow | 67.7M | 5.4M | 23.6M | 2.5M | 20.5M |
| Total Investing Cash Outflow | 19.8M | 8.5M | 4.6M | 7.4M | 9.0M |
| Investing Cash Flow | 47.9M | -3.1M | 19.0M | -4.9M | 11.5M |
| Cash From Borrowings | 270.0M | 541.0M | 365.0M | 487.0M | 619.0M |
| Dividends And Interest Paid | 13.9M | 20.7M | 21.3M | 22.4M | 27.0M |
| Debt Repayments | 405.0M | 588.0M | 350.0M | 526.0M | 696.0M |
| Total Financing Cash Inflow | 290.0M | 676.0M | 430.0M | 507.0M | 639.0M |
| Total Financing Cash Outflow | 497.0M | 717.0M | 438.0M | 564.0M | 731.0M |
| Financing Cash Flow | -207.0M | -40.9M | -8.0M | -57.3M | -91.5M |
| Net Change In Cash | -10.1M | 9.8M | 30.3M | -38.9M | -74.2M |
| Ending Cash Balance | 179.0M | 189.0M | 179.0M | 149.0M | 187.0M |
| Capex | 19.8M | 8.5M | 4.6M | 7.2M | 9.0M |