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 | 2.1B | 988.0M | 198.0M | 177.0M | 258.0M |
| Revenue Growth % | 111.9% | 399.0% | 11.9% | -31.4% | -- |
| Total Revenue | 2.1B | 988.0M | 198.0M | 177.0M | 258.0M |
| Cost Of Revenue | 2.1B | 891.0M | 177.0M | 162.0M | 245.0M |
| Gross Profit | 2.0M | 97.0M | 21.0M | 15.0M | 13.0M |
| Gross Margin % | 0.1% | 9.8% | 10.6% | 8.5% | 5.0% |
| Total Operating Cost | 2.5B | 1.2B | 367.0M | 393.0M | 373.0M |
| Selling Expenses | 29.8M | 24.7M | 1.9M | 2.2M | 2.7M |
| Admin Expenses | 144.0M | 131.0M | 45.8M | 44.3M | 33.2M |
| Rd Expenses | 103.0M | 50.6M | 11.6M | 10.8M | 11.5M |
| Finance Expenses | 31.8M | 17.7M | 210,900 | 601,600 | 4.5M |
| Operating Income | -368.0M | -119.0M | -174.0M | -205.0M | -91.6M |
| Operating Margin % | -17.6% | -12.0% | -87.9% | -115.8% | -35.5% |
| Non Operating Income | 150.0M | 37.3M | 3,600 | -- | -- |
| Non Operating Expenses | 533,000 | 1.1M | 1.6M | 5,000 | 27,200 |
| Investment Income | 8.0M | 52.5M | 15.7M | 10.9M | 22.9M |
| Fair Value Change Income | 34.0M | -- | -- | -- | -- |
| Asset Disposal Income | -1.1M | 101,500 | -20.3M | 200.00 | 196,800 |
| Asset Impairment Loss | 72.6M | -6.9M | 26.1M | 57.8M | 4.3M |
| Other Income | 6.2M | 1.4M | 95,600 | 202,900 | 28,800 |
| Income Before Tax | -218.0M | -83.0M | -175.0M | -205.0M | -91.7M |
| Income Tax | -11.8M | -20.7M | 1.0M | 22.8M | -11.0M |
| Net Income | -207.0M | -62.3M | -177.0M | -228.0M | -80.6M |
| Net Margin % | -9.9% | -6.3% | -89.4% | -128.8% | -31.3% |
| Net Income Attributable | -106.0M | -68.9M | -162.0M | -211.0M | -80.4M |
| Minority Interest | -101.0M | 6.5M | -14.3M | -17.5M | -197,800 |
| Eps Basic | -0.16 | -0.11 | -0.25 | -0.31 | -0.16 |
| Eps Diluted | -0.16 | -0.11 | -0.25 | -0.31 | -0.16 |
| 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 | 476.0M | 129.0M | 249.0M | 144.0M | 385.0M |
| Trading Financial Assets | 34.0M | -- | -- | -- | 1.0M |
| Accounts Receivable | 482.0M | 347.0M | 369.0M | 395.0M | 300.0M |
| Notes Receivable | 18.7M | 43.1M | 8.5M | 427,500 | -- |
| Notes And Accounts Receivable | 500.0M | 390.0M | 377.0M | 395.0M | 300.0M |
| Prepayments | 26.7M | 27.9M | 28.9M | 12.3M | 9.4M |
| Inventory | 136.0M | 170.0M | 92.9M | 4.0M | 4.6M |
| Total Current Assets | 1.6B | 1.0B | 1.0B | 864.0M | 1.3B |
| Long Term Equity Investment | 253.0M | 245.0M | 233.0M | 267.0M | 188.0M |
| Fixed Assets | -- | 1.0B | 146.0M | 54.7M | 57.7M |
| Fixed Assets Total | 968.0M | 1.0B | 146.0M | 54.7M | 57.7M |
| Construction In Progress | -- | 132.0M | 215.0M | -- | -- |
| Construction In Progress Total | 262.0M | 132.0M | 215.0M | -- | -- |
| Intangible Assets | 166.0M | 118.0M | 118.0M | 153.0M | 184.0M |
| Long Term Deferred Expenses | 2.9M | 7.1M | 9.5M | 12.8M | 4.7M |
| Total Non Current Assets | 2.2B | 2.2B | 1.4B | 962.0M | 837.0M |
| Total Assets | 3.8B | 3.2B | 2.4B | 1.8B | 2.2B |
| Short Term Borrowings | 128.0M | 89.1M | 52.9M | -- | 50.1M |
| Accounts Payable | 1.2B | 951.0M | 397.0M | 178.0M | 202.0M |
| Advance Receipts | 3.4M | -- | 28,600 | 111,800 | 111,800 |
| Contract Liabilities | 8.7M | 45.6M | 19.8M | 156.0M | 216.0M |
| Total Current Liabilities | 2.3B | 1.7B | 991.0M | 427.0M | 564.0M |
| Long Term Borrowings | 121.0M | 88.8M | 104.0M | 55.2M | 30.0M |
| Total Non Current Liabilities | 249.0M | 170.0M | 154.0M | 91.9M | 62.6M |
| Total Liabilities | 2.5B | 1.9B | 1.1B | 519.0M | 626.0M |
| Paid In Capital | 657.0M | 643.0M | 643.0M | 643.0M | 643.0M |
| Capital Reserve | 397.0M | 384.0M | 393.0M | 391.0M | 385.0M |
| Surplus Reserve | 47.7M | 47.7M | 47.7M | 47.7M | 47.7M |
| Retained Earnings | -196.0M | -90.1M | -21.2M | 141.0M | 350.0M |
| Minority Equity | 391.0M | 423.0M | 225.0M | 95.0M | 111.0M |
| Equity Attributable | 864.0M | 947.0M | 1.0B | 1.2B | 1.4B |
| Total Equity | 1.3B | 1.4B | 1.2B | 1.3B | 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 | 1.7B | 591.0M | 159.0M | 148.0M | 159.0M |
| Tax Refunds Received | 7.7M | 16.7M | 454,200 | -- | 149,800 |
| Total Operating Cash Inflow | 1.8B | 740.0M | 200.0M | 176.0M | 177.0M |
| Cash Paid For Goods | 836.0M | 452.0M | 153.0M | 223.0M | 182.0M |
| Cash Paid To Employees | 233.0M | 176.0M | 32.7M | 31.8M | 33.4M |
| Taxes Paid | 31.7M | 18.3M | 10.3M | 5.8M | 11.5M |
| Total Operating Cash Outflow | 1.6B | 729.0M | 252.0M | 326.0M | 252.0M |
| Operating Cash Flow | 147.0M | 10.6M | -51.6M | -150.0M | -74.4M |
| Total Investing Cash Inflow | 2.8M | 273.0M | 2.0M | 414.0M | 30.7M |
| Total Investing Cash Outflow | 100.0M | 563.0M | 87.2M | 474.0M | 212.0M |
| Investing Cash Flow | -97.3M | -291.0M | -85.2M | -60.2M | -181.0M |
| Cash From Borrowings | 175.0M | 149.0M | 100.0M | 63.0M | 80.0M |
| Dividends And Interest Paid | 18.1M | 13.6M | 5.9M | 5.6M | 9.1M |
| Debt Repayments | 105.0M | 128.0M | 20.6M | 80.0M | 144.0M |
| Total Financing Cash Inflow | 897.0M | 1.3B | 188.0M | 78.5M | 693.0M |
| Total Financing Cash Outflow | 977.0M | 1.0B | 74.4M | 109.0M | 262.0M |
| Financing Cash Flow | -79.9M | 235.0M | 113.0M | -30.3M | 431.0M |
| Net Change In Cash | -30.5M | -45.3M | -23.6M | -240.0M | 176.0M |
| Ending Cash Balance | 44.0M | 74.4M | 120.0M | 143.0M | 384.0M |
| Capex | 95.3M | 540.0M | 1.6M | 8.0M | 5.4M |