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 | 2.0B | 1.8B | 1.9B | 1.3B | 928.0M |
| Revenue Growth % | 7.9% | -2.8% | 41.1% | 44.3% | -- |
| Total Revenue | 2.0B | 1.8B | 1.9B | 1.3B | 928.0M |
| Cost Of Revenue | 1.5B | 1.6B | 1.5B | 1.1B | 733.0M |
| Gross Profit | 439.0M | 233.0M | 365.0M | 254.0M | 195.0M |
| Gross Margin % | 22.2% | 12.7% | 19.3% | 19.0% | 21.0% |
| Total Operating Cost | 2.2B | 2.8B | 1.9B | 1.3B | 910.0M |
| Selling Expenses | 6.7M | 2.8M | 3.1M | 1.8M | 2.5M |
| Admin Expenses | 104.0M | 93.1M | 86.3M | 64.0M | 57.4M |
| Rd Expenses | 236.0M | 360.0M | 135.0M | 97.5M | 72.3M |
| Finance Expenses | 96.9M | 127.0M | 45.7M | 51.1M | 25.6M |
| Operating Income | -146.0M | -981.0M | 62.6M | 27.1M | 55.0M |
| Operating Margin % | -7.4% | -53.4% | 3.3% | 2.0% | 5.9% |
| Non Operating Income | 62.9M | 1.3M | 118,500 | 512,800 | 392,600 |
| Non Operating Expenses | 364,700 | 768,000 | 1.1M | 532,900 | 3.4M |
| Investment Income | -- | -- | 55,200 | 201,000 | 3.4M |
| Asset Disposal Income | 688,000 | -523,300 | -1.0M | 360,700 | 697,600 |
| Asset Impairment Loss | 205.0M | 643.0M | 59.6M | 11.1M | 5.6M |
| Other Income | 84.2M | 31.8M | 43.6M | 22.2M | 33.1M |
| Income Before Tax | -83.7M | -981.0M | 61.6M | 27.1M | 52.0M |
| Income Tax | -45.6M | -149.0M | -15.0M | -6.3M | 4.2M |
| Net Income | -38.1M | -832.0M | 76.6M | 33.4M | 47.8M |
| Net Margin % | -1.9% | -45.3% | 4.1% | 2.5% | 5.2% |
| Net Income Attributable | 11.5M | -607.0M | 79.0M | 33.4M | 47.8M |
| Minority Interest | -49.7M | -225.0M | -2.4M | -- | -- |
| Eps Basic | 0.05 | -2.61 | 0.34 | 0.16 | 0.22 |
| Eps Diluted | 0.05 | -2.61 | 0.34 | 0.16 | 0.22 |
| 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 | 164.0M | 178.0M | 107.0M | 359.0M | 95.0M |
| Trading Financial Assets | -- | -- | -- | -- | 20.0M |
| Accounts Receivable | 563.0M | 742.0M | 722.0M | 613.0M | 535.0M |
| Notes Receivable | 47.6M | 95.5M | 132.0M | 61.8M | 16.8M |
| Notes And Accounts Receivable | 611.0M | 838.0M | 854.0M | 675.0M | 551.0M |
| Prepayments | 4.2M | 20.9M | 42.0M | 24.5M | 9.3M |
| Inventory | 589.0M | 509.0M | 553.0M | 329.0M | 224.0M |
| Total Current Assets | 1.5B | 1.7B | 1.7B | 1.4B | 933.0M |
| Fixed Assets | -- | 1.8B | 1.5B | 967.0M | 884.0M |
| Fixed Assets Total | 2.1B | 1.8B | 1.5B | 967.0M | 884.0M |
| Construction In Progress | -- | 844.0M | 200.0M | 218.0M | 211.0M |
| Construction In Progress Total | 610.0M | 844.0M | 200.0M | 218.0M | 211.0M |
| Intangible Assets | 58.3M | 60.4M | 60.8M | 67.2M | 96.8M |
| Long Term Deferred Expenses | 99.7M | 53.3M | 25.1M | 895,100 | 2.5M |
| Total Non Current Assets | 3.6B | 3.6B | 2.6B | 1.9B | 1.3B |
| Total Assets | 5.1B | 5.3B | 4.3B | 3.3B | 2.2B |
| Short Term Borrowings | 653.0M | 296.0M | 316.0M | 271.0M | 134.0M |
| Accounts Payable | 1.2B | 798.0M | 402.0M | 373.0M | 332.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 84.3M | 40.6M | 81.5M | 41.2M | 23.5M |
| Total Current Liabilities | 2.7B | 2.5B | 1.3B | 1.2B | 689.0M |
| Long Term Borrowings | 429.0M | 564.0M | 886.0M | 410.0M | 366.0M |
| Total Non Current Liabilities | 661.0M | 1.0B | 1.0B | 488.0M | 417.0M |
| Total Liabilities | 3.3B | 3.5B | 2.3B | 1.7B | 1.1B |
| Paid In Capital | 232.0M | 232.0M | 232.0M | 232.0M | 213.0M |
| Capital Reserve | 1.6B | 1.6B | 1.3B | 1.1B | 646.0M |
| Surplus Reserve | 70.1M | 64.9M | 64.9M | 49.9M | 45.0M |
| Retained Earnings | -322.0M | -329.0M | 289.0M | 229.0M | 205.0M |
| Minority Equity | 188.0M | 237.0M | 104.0M | -- | -- |
| Equity Attributable | 1.6B | 1.6B | 1.9B | 1.6B | 1.1B |
| Total Equity | 1.8B | 1.8B | 2.0B | 1.6B | 1.1B |
| 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 | 2.5B | 1.6B | 1.7B | 1.3B | 864.0M |
| Tax Refunds Received | 144.0M | 194.0M | 73.8M | 52.2M | 1.8M |
| Total Operating Cash Inflow | 2.8B | 1.9B | 1.8B | 1.4B | 910.0M |
| Cash Paid For Goods | 1.5B | 1.9B | 1.7B | 1.1B | 628.0M |
| Cash Paid To Employees | 290.0M | 252.0M | 201.0M | 176.0M | 118.0M |
| Taxes Paid | 21.5M | 10.3M | 49.2M | 3.6M | 3.4M |
| Total Operating Cash Outflow | 1.9B | 2.2B | 2.0B | 1.4B | 805.0M |
| Operating Cash Flow | 887.0M | -340.0M | -166.0M | 27.9M | 105.0M |
| Total Investing Cash Inflow | 1.4M | 933,900 | 38.4M | 31.9M | 374.0M |
| Total Investing Cash Outflow | 257.0M | 885.0M | 782.0M | 627.0M | 625.0M |
| Investing Cash Flow | -255.0M | -884.0M | -743.0M | -595.0M | -251.0M |
| Cash From Borrowings | 1.3B | 1.5B | 1.3B | 857.0M | 817.0M |
| Dividends And Interest Paid | 111.0M | 114.0M | 72.3M | 49.3M | 28.9M |
| Debt Repayments | 1.8B | 747.0M | 876.0M | 448.0M | 690.0M |
| Total Financing Cash Inflow | 1.3B | 2.2B | 1.6B | 1.3B | 818.0M |
| Total Financing Cash Outflow | 2.0B | 883.0M | 949.0M | 500.0M | 743.0M |
| Financing Cash Flow | -659.0M | 1.3B | 639.0M | 821.0M | 74.6M |
| Net Change In Cash | -10.4M | 67.4M | -249.0M | 249.0M | -68.5M |
| Ending Cash Balance | 150.0M | 161.0M | 93.3M | 343.0M | 93.9M |
| Capex | 257.0M | 885.0M | 744.0M | 627.0M | 395.0M |