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 | 3.1B | 3.6B | 3.1B | 2.8B | 2.1B |
| Revenue Growth % | -15.1% | 16.6% | 10.4% | 34.2% | -- |
| Total Revenue | 3.1B | 3.6B | 3.1B | 2.8B | 2.1B |
| Cost Of Revenue | 2.0B | 2.2B | 1.7B | 1.7B | 1.1B |
| Gross Profit | 1.1B | 1.5B | 1.4B | 1.2B | 953.0M |
| Gross Margin % | 36.4% | 40.7% | 43.9% | 41.1% | 45.3% |
| Total Operating Cost | 3.4B | 3.6B | 3.1B | 2.8B | 2.0B |
| Selling Expenses | 459.0M | 618.0M | 505.0M | 479.0M | 386.0M |
| Admin Expenses | 197.0M | 203.0M | 199.0M | 178.0M | 136.0M |
| Rd Expenses | 509.0M | 594.0M | 499.0M | 390.0M | 289.0M |
| Finance Expenses | 24.5M | 30.2M | 26.5M | 14.6M | 2.4M |
| Operating Income | -257.0M | 148.0M | 113.0M | 159.0M | 182.0M |
| Operating Margin % | -8.3% | 4.1% | 3.6% | 5.6% | 8.7% |
| Non Operating Income | 737,800 | 2.0M | 1.9M | 2.2M | 13.1M |
| Non Operating Expenses | 2.2M | 554,300 | 1.5M | 1.0M | 265,500 |
| Investment Income | 325,600 | 0.00 | 2.5M | 838,400 | 1.5M |
| Fair Value Change Income | -853,700 | -412,000 | 392,100 | -- | -- |
| Asset Disposal Income | 413,800 | -1.1M | 506,400 | 682,600 | 1.5M |
| Asset Impairment Loss | 191.0M | 363,600 | 79.2M | 1.4M | -5.8M |
| Other Income | 73.9M | 143.0M | 86.3M | 96.1M | 63.2M |
| Income Before Tax | -258.0M | 150.0M | 114.0M | 160.0M | 194.0M |
| Income Tax | -15.7M | 18.7M | -4.9M | 3.8M | 13.4M |
| Net Income | -242.0M | 131.0M | 119.0M | 157.0M | 181.0M |
| Net Margin % | -7.8% | 3.6% | 3.8% | 5.6% | 8.6% |
| Net Income Attributable | -242.0M | 131.0M | 119.0M | 157.0M | 181.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -0.37 | 0.20 | 0.18 | 0.24 | 0.28 |
| Eps Diluted | -0.37 | 0.20 | 0.18 | 0.24 | 0.28 |
| 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 | 630.0M | 752.0M | 393.0M | 458.0M | 309.0M |
| Trading Financial Assets | 1.6M | 2.5M | 2.9M | -- | -- |
| Accounts Receivable | 1.3B | 1.7B | 1.7B | 1.6B | 1.2B |
| Notes Receivable | 36.3M | 66.2M | 131.0M | -- | -- |
| Notes And Accounts Receivable | 1.3B | 1.8B | 1.8B | 1.6B | 1.2B |
| Prepayments | 41.5M | 107.0M | 193.0M | 171.0M | 167.0M |
| Inventory | 888.0M | 1.5B | 1.5B | 1.1B | 921.0M |
| Total Current Assets | 3.0B | 4.3B | 4.0B | 3.5B | 2.8B |
| Fixed Assets | -- | 1.2B | 1.1B | 1.1B | 1.2B |
| Fixed Assets Total | 1.3B | 1.2B | 1.1B | 1.1B | 1.2B |
| Construction In Progress | -- | 249.0M | 272.0M | 303.0M | 247.0M |
| Construction In Progress Total | 227.0M | 249.0M | 272.0M | 303.0M | 247.0M |
| Intangible Assets | 75.2M | 74.9M | 75.1M | 76.0M | 81.6M |
| Long Term Deferred Expenses | 26.2M | 38.9M | 57.0M | 51.2M | 26.2M |
| Total Non Current Assets | 1.6B | 1.6B | 1.6B | 1.6B | 1.6B |
| Total Assets | 4.7B | 5.9B | 5.7B | 5.1B | 4.4B |
| Short Term Borrowings | 100.0M | -- | 100.0M | 15.0M | 56.0M |
| Accounts Payable | 367.0M | 531.0M | 444.0M | 408.0M | 226.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 36.5M | 85.1M | 72.8M | 65.6M | 130.0M |
| Total Current Liabilities | 1.3B | 1.9B | 1.9B | 1.8B | 1.2B |
| Long Term Borrowings | 130.0M | 565.0M | 412.0M | 30.0M | -- |
| Total Non Current Liabilities | 176.0M | 615.0M | 443.0M | 73.8M | 21.4M |
| Total Liabilities | 1.5B | 2.5B | 2.3B | 1.9B | 1.2B |
| Paid In Capital | 652.0M | 652.0M | 652.0M | 653.0M | 657.0M |
| Capital Reserve | 976.0M | 976.0M | 976.0M | 986.0M | 1.0B |
| Surplus Reserve | 289.0M | 289.0M | 270.0M | 259.0M | 245.0M |
| Retained Earnings | 1.2B | 1.5B | 1.4B | 1.4B | 1.3B |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 3.1B | 3.4B | 3.3B | 3.3B | 3.2B |
| Total Equity | 3.1B | 3.4B | 3.3B | 3.3B | 3.2B |
| 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 | 3.3B | 3.7B | 3.3B | 2.7B | 1.9B |
| Tax Refunds Received | 49.9M | 104.0M | 117.0M | 80.1M | 68.8M |
| Total Operating Cash Inflow | 3.4B | 3.8B | 3.4B | 2.8B | 2.1B |
| Cash Paid For Goods | 1.7B | 1.9B | 2.3B | 1.2B | 833.0M |
| Cash Paid To Employees | 1.0B | 1.0B | 866.0M | 741.0M | 594.0M |
| Taxes Paid | 167.0M | 201.0M | 177.0M | 116.0M | 128.0M |
| Total Operating Cash Outflow | 3.2B | 3.5B | 3.7B | 2.4B | 1.9B |
| Operating Cash Flow | 233.0M | 289.0M | -284.0M | 386.0M | 134.0M |
| Total Investing Cash Inflow | 152.0M | 1.8M | 51.3M | 752.0M | 676.0M |
| Total Investing Cash Outflow | 177.0M | 84.4M | 250.0M | 909.0M | 875.0M |
| Investing Cash Flow | -25.1M | -82.6M | -198.0M | -157.0M | -199.0M |
| Cash From Borrowings | 100.0M | 370.0M | 520.0M | -- | 56.0M |
| Dividends And Interest Paid | 66.7M | 62.1M | 62.1M | 55.4M | 48.9M |
| Debt Repayments | 313.0M | 131.0M | 25.5M | 56.0M | -- |
| Total Financing Cash Inflow | 100.0M | 370.0M | 520.0M | 45.0M | 56.0M |
| Total Financing Cash Outflow | 388.0M | 203.0M | 96.2M | 168.0M | 51.7M |
| Financing Cash Flow | -288.0M | 167.0M | 424.0M | -123.0M | 4.3M |
| Net Change In Cash | -79.4M | 373.0M | -58.9M | 106.0M | -60.2M |
| Ending Cash Balance | 567.0M | 647.0M | 274.0M | 333.0M | 227.0M |
| Capex | 26.9M | 84.4M | 200.0M | 158.0M | 203.0M |