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 | 380.0M | 197.0M | 289.0M | 740.0M | 1.0B |
| Revenue Growth % | 92.9% | -31.8% | -60.9% | -26.1% | -- |
| Total Revenue | 380.0M | 197.0M | 289.0M | 740.0M | 1.0B |
| Cost Of Revenue | 202.0M | 105.0M | 93.1M | 153.0M | 161.0M |
| Gross Profit | 178.0M | 92.0M | 195.9M | 587.0M | 840.0M |
| Gross Margin % | 46.8% | 46.7% | 67.8% | 79.3% | 83.9% |
| Total Operating Cost | 517.0M | 372.0M | 473.0M | 711.0M | 909.0M |
| Selling Expenses | 142.0M | 120.0M | 237.0M | 424.0M | 619.0M |
| Admin Expenses | 89.5M | 93.8M | 90.9M | 91.1M | 83.3M |
| Rd Expenses | 26.7M | 29.1M | 31.6M | 22.8M | 20.4M |
| Finance Expenses | 1.6M | 484,000 | -1.2M | 6.4M | 4.0M |
| Operating Income | -129.0M | -149.0M | -189.0M | 71.1M | 181.0M |
| Operating Margin % | -33.9% | -75.6% | -65.4% | 9.6% | 18.1% |
| Non Operating Income | 1.5M | 214,800 | 2,800 | 2,400 | 1,900 |
| Non Operating Expenses | 509,800 | 2.2M | 133,300 | 650,700 | 1.5M |
| Investment Income | -12.7M | -3.8M | -9.3M | 16.0M | 487,300 |
| Fair Value Change Income | 5.9M | -10.7M | 1.2M | 848,800 | -- |
| Asset Disposal Income | -2.2M | 83,600 | 446,700 | -10,000 | -29,200 |
| Asset Impairment Loss | 32.3M | 7.7M | 9.0M | 1.6M | 6.1M |
| Other Income | 17.9M | 40.1M | 3.1M | 24.5M | 88.2M |
| Income Before Tax | -128.0M | -151.0M | -189.0M | 70.5M | 179.0M |
| Income Tax | 3.0M | 540,800 | 7.1M | 4.6M | 19.2M |
| Net Income | -131.0M | -151.0M | -196.0M | 65.9M | 160.0M |
| Net Margin % | -34.5% | -76.6% | -67.8% | 8.9% | 16.0% |
| Net Income Attributable | -131.0M | -151.0M | -196.0M | 65.9M | 160.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -0.18 | -0.21 | -0.27 | 0.09 | 0.22 |
| Eps Diluted | -0.18 | -0.21 | -0.27 | 0.09 | 0.21 |
| 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 | 254.0M | 343.0M | 576.0M | 987.0M | 1.6B |
| Trading Financial Assets | 31.2M | 391.0M | 390.0M | 579.0M | 180.0M |
| Accounts Receivable | 243.0M | 64.7M | 92.2M | 124.0M | 171.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 243.0M | 64.7M | 92.2M | 124.0M | 171.0M |
| Prepayments | 17.9M | 5.7M | 8.3M | 19.2M | 23.7M |
| Inventory | 27.9M | 56.8M | 49.1M | 51.7M | 69.1M |
| Total Current Assets | 587.0M | 882.0M | 1.1B | 1.8B | 2.0B |
| Long Term Equity Investment | 17.9M | 40.9M | 47.8M | 66.7M | 63.1M |
| Fixed Assets | -- | 275.0M | 303.0M | 278.0M | 306.0M |
| Fixed Assets Total | 234.0M | 275.0M | 303.0M | 278.0M | 306.0M |
| Construction In Progress | -- | 220.0M | 190.0M | 188.0M | 159.0M |
| Construction In Progress Total | 228.0M | 220.0M | 190.0M | 188.0M | 159.0M |
| Intangible Assets | 101.0M | 108.0M | 116.0M | 124.0M | 103.0M |
| Long Term Deferred Expenses | 14.2M | 17.1M | 20.1M | 23.9M | 26.5M |
| Total Non Current Assets | 669.0M | 743.0M | 723.0M | 726.0M | 677.0M |
| Total Assets | 1.3B | 1.6B | 1.9B | 2.5B | 2.7B |
| Short Term Borrowings | -- | 117.0M | 205.0M | 460.0M | 390.0M |
| Accounts Payable | 93.5M | 55.4M | 48.2M | 28.9M | 45.8M |
| Advance Receipts | 198,800 | 169,000 | 98,100 | 154,100 | 49,200 |
| Contract Liabilities | 6.7M | 10.3M | 8.7M | 6.5M | 11.1M |
| Total Current Liabilities | 219.0M | 243.0M | 302.0M | 649.0M | 732.0M |
| Long Term Borrowings | -- | -- | -- | -- | 85.0M |
| Total Non Current Liabilities | 266.0M | 450.0M | 418.0M | 407.0M | 505.0M |
| Total Liabilities | 486.0M | 694.0M | 721.0M | 1.1B | 1.2B |
| Paid In Capital | 721.0M | 721.0M | 721.0M | 721.0M | 713.0M |
| Capital Reserve | 263.0M | 256.0M | 256.0M | 256.0M | 194.0M |
| Surplus Reserve | 144.0M | 144.0M | 144.0M | 144.0M | 137.0M |
| Retained Earnings | -307.0M | -176.0M | -24.4M | 244.0M | 328.0M |
| Equity Attributable | 770.0M | 931.0M | 1.1B | 1.5B | 1.5B |
| Total Equity | 770.0M | 931.0M | 1.1B | 1.5B | 1.5B |
| 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 | 235.0M | 305.0M | 386.0M | 885.0M | 1.2B |
| Tax Refunds Received | -- | 34,800 | 10.1M | -- | -- |
| Total Operating Cash Inflow | 283.0M | 365.0M | 419.0M | 919.0M | 1.3B |
| Cash Paid For Goods | 209.0M | 156.0M | 111.0M | 110.0M | 196.0M |
| Cash Paid To Employees | 47.8M | 52.4M | 59.0M | 65.8M | 68.4M |
| Taxes Paid | 7.9M | 13.5M | 31.5M | 82.5M | 131.0M |
| Total Operating Cash Outflow | 393.0M | 403.0M | 485.0M | 791.0M | 1.2B |
| Operating Cash Flow | -111.0M | -37.9M | -66.4M | 129.0M | 127.0M |
| Total Investing Cash Inflow | 377.0M | 1.0B | 1.3B | 1.7B | 872.0M |
| Total Investing Cash Outflow | 11.4M | 1.1B | 1.2B | 2.1B | 744.0M |
| Investing Cash Flow | 366.0M | -51.9M | 132.0M | -433.0M | 128.0M |
| Cash From Borrowings | -- | 117.0M | 205.0M | 480.0M | 1.0B |
| Dividends And Interest Paid | 5.7M | 8.1M | 80.1M | 159.0M | 113.0M |
| Debt Repayments | 322.0M | 205.0M | 545.0M | 600.0M | 75.0M |
| Total Financing Cash Inflow | 220.0M | 120.0M | 212.0M | 487.0M | 1.0B |
| Total Financing Cash Outflow | 542.0M | 279.0M | 686.0M | 766.0M | 196.0M |
| Financing Cash Flow | -322.0M | -159.0M | -473.0M | -279.0M | 812.0M |
| Net Change In Cash | -67.2M | -249.0M | -408.0M | -583.0M | 1.1B |
| Ending Cash Balance | 247.0M | 314.0M | 563.0M | 971.0M | 1.6B |
| Capex | 8.8M | 23.1M | 42.8M | 54.8M | 62.0M |