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 | 701.0M | 651.0M | 966.0M | 841.0M | 653.0M |
| Revenue Growth % | 7.7% | -32.6% | 14.9% | 28.8% | -- |
| Total Revenue | 701.0M | 651.0M | 966.0M | 841.0M | 653.0M |
| Cost Of Revenue | 639.0M | 698.0M | 933.0M | 743.0M | 537.0M |
| Gross Profit | 62.0M | -47.0M | 33.0M | 98.0M | 116.0M |
| Gross Margin % | 8.8% | -7.2% | 3.4% | 11.7% | 17.8% |
| Total Operating Cost | 893.0M | 1.5B | 1.7B | 1.2B | 1.4B |
| Selling Expenses | 17.1M | 11.6M | 15.7M | 13.1M | 8.9M |
| Admin Expenses | 105.0M | 265.0M | 343.0M | 332.0M | 503.0M |
| Rd Expenses | 24.0M | 25.4M | 47.4M | 49.0M | 50.4M |
| Finance Expenses | 10.2M | 36.0M | 38.3M | 40.8M | 47.5M |
| Operating Income | -174.0M | -560.0M | -754.0M | -109.0M | -723.0M |
| Operating Margin % | -24.8% | -86.0% | -78.1% | -13.0% | -110.7% |
| Non Operating Income | 1.8M | 698,000 | 3.6M | 6.8M | 5.3M |
| Non Operating Expenses | 4.9M | 990,100 | 14.1M | 6.4M | 5.6M |
| Investment Income | 10.1M | 238.0M | -1.9M | -1.5M | -2.5M |
| Asset Disposal Income | -119,000 | 3.4M | -10.0M | 284.0M | -193,900 |
| Asset Impairment Loss | 76.5M | 225.0M | 297.0M | 14.1M | 234.0M |
| Other Income | 7.8M | 7.6M | 12.7M | 3.8M | 4.4M |
| Income Before Tax | -177.0M | -560.0M | -765.0M | -108.0M | -723.0M |
| Income Tax | 55.2M | -30.8M | 3.1M | 62.8M | -14.7M |
| Net Income | -232.0M | -529.0M | -768.0M | -171.0M | -709.0M |
| Net Margin % | -33.1% | -81.3% | -79.5% | -20.3% | -108.6% |
| Net Income Attributable | -265.0M | -578.0M | -699.0M | -140.0M | -612.0M |
| Minority Interest | 32.4M | 49.0M | -69.1M | -31.0M | -96.2M |
| Eps Basic | -0.46 | -1.01 | -1.23 | -0.25 | -1.07 |
| Eps Diluted | -0.46 | -1.01 | -1.23 | -0.25 | -1.07 |
| 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 | 31.5M | 186.0M | 75.6M | 102.0M | 457.0M |
| Accounts Receivable | 88.8M | 61.5M | 81.0M | 124.0M | 53.3M |
| Notes Receivable | 187.0M | 236.0M | 41.7M | 82.4M | 8.9M |
| Notes And Accounts Receivable | 276.0M | 298.0M | 123.0M | 206.0M | 62.2M |
| Prepayments | 3.6M | 31.7M | 31.2M | 37.3M | 47.9M |
| Inventory | 199.0M | 260.0M | 256.0M | 406.0M | 278.0M |
| Total Current Assets | 593.0M | 1.0B | 766.0M | 1.2B | 1.2B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 789.0M | 1.4B | 1.6B | 2.1B |
| Fixed Assets Total | 665.0M | 789.0M | 1.4B | 1.6B | 2.1B |
| Construction In Progress | -- | 72.7M | 102.0M | 189.0M | 214.0M |
| Construction In Progress Total | 75.7M | 72.7M | 103.0M | 246.0M | 214.0M |
| Intangible Assets | 101.0M | 109.0M | 120.0M | 153.0M | 179.0M |
| Long Term Deferred Expenses | 2.1M | -- | -- | -- | -- |
| Total Non Current Assets | 912.0M | 1.1B | 1.8B | 2.2B | 2.7B |
| Total Assets | 1.5B | 2.1B | 2.5B | 3.4B | 3.8B |
| Short Term Borrowings | 153.0M | 335.0M | 201.0M | 218.0M | 290.0M |
| Accounts Payable | 251.0M | 310.0M | 401.0M | 448.0M | 375.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.1M | 3.9M | 7.5M | 12.6M | 15.9M |
| Total Current Liabilities | 758.0M | 1.2B | 1.1B | 1.1B | 1.1B |
| Long Term Borrowings | -- | -- | 10.0M | 180.0M | 180.0M |
| Total Non Current Liabilities | 57.7M | 93.5M | 52.4M | 231.0M | 441.0M |
| Total Liabilities | 816.0M | 1.3B | 1.2B | 1.3B | 1.5B |
| Paid In Capital | 570.0M | 570.0M | 570.0M | 576.0M | 576.0M |
| Capital Reserve | 473.0M | 375.0M | 375.0M | 423.0M | 423.0M |
| Surplus Reserve | 243.0M | 243.0M | 243.0M | 243.0M | 243.0M |
| Retained Earnings | -533.0M | -268.0M | 311.0M | 1.0B | 1.1B |
| Minority Equity | -57.7M | -89.9M | -139.0M | -70.4M | -39.5M |
| Equity Attributable | 747.0M | 914.0M | 1.5B | 2.2B | 2.3B |
| Total Equity | 689.0M | 824.0M | 1.4B | 2.1B | 2.3B |
| 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 | 327.0M | 357.0M | 599.0M | 531.0M | 782.0M |
| Tax Refunds Received | 2.3M | 7.9M | 96.5M | 13.8M | 56.8M |
| Total Operating Cash Inflow | 556.0M | 512.0M | 821.0M | 572.0M | 898.0M |
| Cash Paid For Goods | 198.0M | 295.0M | 346.0M | 430.0M | 671.0M |
| Cash Paid To Employees | 142.0M | 183.0M | 264.0M | 288.0M | 240.0M |
| Taxes Paid | 40.2M | 37.0M | 42.3M | 30.1M | 64.7M |
| Total Operating Cash Outflow | 879.0M | 714.0M | 823.0M | 835.0M | 1.0B |
| Operating Cash Flow | -323.0M | -202.0M | -2.4M | -263.0M | -148.0M |
| Total Investing Cash Inflow | 301.0M | 445.0M | 36.5M | 167.0M | 151.0M |
| Total Investing Cash Outflow | 89.0M | 38.5M | 50.8M | 50.4M | 78.5M |
| Investing Cash Flow | 211.0M | 407.0M | -14.3M | 116.0M | 72.3M |
| Cash From Borrowings | 294.0M | 567.0M | 307.0M | 250.0M | 922.0M |
| Dividends And Interest Paid | 10.1M | 34.2M | 35.4M | 40.8M | 43.1M |
| Debt Repayments | 388.0M | 600.0M | 314.0M | 275.0M | 743.0M |
| Total Financing Cash Inflow | 551.0M | 613.0M | 818.0M | 374.0M | 1.2B |
| Total Financing Cash Outflow | 502.0M | 776.0M | 802.0M | 367.0M | 1.1B |
| Financing Cash Flow | 48.7M | -163.0M | 16.1M | 6.6M | 125.0M |
| Net Change In Cash | -62.6M | 41.7M | -452,300 | -140.0M | 48.9M |
| Ending Cash Balance | 6.1M | 68.7M | 27.0M | 27.4M | 168.0M |
| Capex | 12.9M | 31.5M | 32.3M | 43.1M | 64.9M |