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 | 1.0B | 1.7B | 1.7B | 1.3B | 976.0M |
| Revenue Growth % | -38.1% | 0.7% | 28.6% | 33.6% | -- |
| Total Revenue | 1.0B | 1.7B | 1.7B | 1.3B | 976.0M |
| Cost Of Revenue | 935.0M | 1.6B | 1.4B | 1.0B | 723.0M |
| Gross Profit | 110.0M | 77.0M | 227.0M | 300.0M | 253.0M |
| Gross Margin % | 10.5% | 4.6% | 13.5% | 23.0% | 25.9% |
| Total Operating Cost | 1.3B | 1.9B | 1.7B | 1.2B | 914.0M |
| Selling Expenses | 131.0M | 132.0M | 116.0M | 133.0M | 126.0M |
| Admin Expenses | 64.9M | 70.2M | 57.9M | 49.7M | 34.9M |
| Rd Expenses | 21.6M | 32.0M | 35.7M | 10.0M | 8.3M |
| Finance Expenses | 32.4M | 39.0M | 19.4M | 12.5M | 9.6M |
| Operating Income | -177.0M | -250.0M | -35.3M | 97.8M | 98.7M |
| Operating Margin % | -16.9% | -14.8% | -2.1% | 7.5% | 10.1% |
| Non Operating Income | 765,500 | 706,200 | 267,900 | 38,000 | 52,000 |
| Non Operating Expenses | 4.2M | 1.0M | 4.2M | 9.7M | 489,100 |
| Investment Income | -12,200 | -4.0M | -14.5M | -444,000 | 29.2M |
| Fair Value Change Income | -424,400 | -- | -- | -- | 499,300 |
| Asset Disposal Income | 34.3M | 1.2M | 1.5M | 631,800 | 262,300 |
| Asset Impairment Loss | 62.4M | 38.3M | 17.4M | 2.4M | 2.8M |
| Other Income | 840,000 | 355,800 | 814,900 | 11.2M | 6.5M |
| Income Before Tax | -181.0M | -251.0M | -39.2M | 88.2M | 98.2M |
| Income Tax | 13.1M | -55.5M | -5.1M | 27.0M | 27.0M |
| Net Income | -194.0M | -195.0M | -34.1M | 61.2M | 71.3M |
| Net Margin % | -18.6% | -11.6% | -2.0% | 4.7% | 7.3% |
| Net Income Attributable | -145.0M | -149.0M | -38.4M | 33.3M | 60.2M |
| Minority Interest | -49.1M | -46.3M | 4.3M | 27.9M | 11.1M |
| Eps Basic | -0.34 | -0.35 | -0.09 | 0.08 | 0.14 |
| Eps Diluted | -0.34 | -0.35 | -0.09 | 0.08 | 0.14 |
| 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 | 63.8M | 104.0M | 95.3M | 175.0M | 230.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 65.0M | 79.2M | 120.0M | 73.2M | 47.1M |
| Notes Receivable | -- | 111.0M | 98.7M | 37.8M | -- |
| Notes And Accounts Receivable | 65.0M | 190.0M | 219.0M | 111.0M | 47.1M |
| Prepayments | 19.9M | 45.8M | 68.4M | 31.1M | 7.1M |
| Inventory | 292.0M | 351.0M | 545.0M | 408.0M | 256.0M |
| Total Current Assets | 501.0M | 731.0M | 948.0M | 751.0M | 554.0M |
| Long Term Equity Investment | 22.2M | 21.2M | 20.3M | 19.5M | 48.4M |
| Fixed Assets | -- | 448.0M | 301.0M | 270.0M | 105.0M |
| Fixed Assets Total | 414.0M | 448.0M | 301.0M | 270.0M | 105.0M |
| Construction In Progress | -- | 67.8M | 95.2M | 42.3M | 10.6M |
| Construction In Progress Total | 30.0M | 67.8M | 95.2M | 42.3M | 10.6M |
| Intangible Assets | 133.0M | 117.0M | 106.0M | 106.0M | 58.9M |
| Long Term Deferred Expenses | 21.0M | 21.2M | 21.1M | 11.9M | 7.8M |
| Total Non Current Assets | 751.0M | 856.0M | 697.0M | 589.0M | 288.0M |
| Total Assets | 1.3B | 1.6B | 1.6B | 1.3B | 842.0M |
| Short Term Borrowings | 358.0M | 534.0M | 430.0M | 193.0M | 51.1M |
| Accounts Payable | 165.0M | 139.0M | 149.0M | 106.0M | 67.0M |
| Advance Receipts | -- | -- | -- | -- | 11.5M |
| Contract Liabilities | 7.6M | 7.0M | 3.0M | 4.0M | 1.9M |
| Total Current Liabilities | 686.0M | 830.0M | 781.0M | 413.0M | 154.0M |
| Long Term Borrowings | 134.0M | 116.0M | 131.0M | 30.7M | 40.7M |
| Total Non Current Liabilities | 156.0M | 192.0M | 211.0M | 116.0M | 42.1M |
| Total Liabilities | 842.0M | 1.0B | 992.0M | 529.0M | 196.0M |
| Paid In Capital | 428.0M | 428.0M | 428.0M | 428.0M | 428.0M |
| Capital Reserve | 38.9M | 38.6M | -- | 19.0M | 18.5M |
| Surplus Reserve | -- | -- | -- | 19.2M | 19.0M |
| Retained Earnings | -230.0M | -85.2M | 63.6M | 146.0M | 134.0M |
| Minority Equity | 151.0M | 163.0M | 145.0M | 204.0M | 45.4M |
| Equity Attributable | 259.0M | 402.0M | 508.0M | 608.0M | 601.0M |
| Total Equity | 410.0M | 565.0M | 653.0M | 812.0M | 646.0M |
| 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 | 1.2B | 1.6B | 1.6B | 1.3B | 978.0M |
| Tax Refunds Received | 7.1M | 12.2M | 18.5M | 17.1M | 11.8M |
| Total Operating Cash Inflow | 1.2B | 1.6B | 1.6B | 1.3B | 1.0B |
| Cash Paid For Goods | 991.0M | 1.5B | 1.5B | 1.1B | 678.0M |
| Cash Paid To Employees | 136.0M | 142.0M | 142.0M | 130.0M | 109.0M |
| Taxes Paid | 12.4M | 14.0M | 28.7M | 22.4M | 21.9M |
| Total Operating Cash Outflow | 1.2B | 1.7B | 1.8B | 1.3B | 881.0M |
| Operating Cash Flow | 29.9M | -64.7M | -110.0M | -15.8M | 128.0M |
| Total Investing Cash Inflow | 79.5M | 26.2M | 5.7M | 38.5M | 168.0M |
| Total Investing Cash Outflow | 96.2M | 157.0M | 181.0M | 195.0M | 228.0M |
| Investing Cash Flow | -16.7M | -131.0M | -175.0M | -157.0M | -59.9M |
| Cash From Borrowings | 532.0M | 591.0M | 436.0M | 267.0M | 118.0M |
| Dividends And Interest Paid | 32.7M | 35.2M | 36.9M | 36.9M | 21.7M |
| Debt Repayments | 604.0M | 495.0M | 173.0M | 93.9M | 162.0M |
| Total Financing Cash Inflow | 661.0M | 883.0M | 497.0M | 276.0M | 120.0M |
| Total Financing Cash Outflow | 716.0M | 679.0M | 293.0M | 158.0M | 186.0M |
| Financing Cash Flow | -54.5M | 204.0M | 203.0M | 118.0M | -65.8M |
| Net Change In Cash | -39.6M | 9.1M | -80.5M | -54.8M | 183,100 |
| Ending Cash Balance | 63.8M | 103.0M | 94.4M | 175.0M | 230.0M |
| Capex | 90.3M | 141.0M | 170.0M | 139.0M | 66.6M |