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 | 603.0M | 600.0M | 545.0M | 527.0M | 1.1B |
| Revenue Growth % | 0.5% | 10.1% | 3.4% | -50.8% | -- |
| Total Revenue | 603.0M | 600.0M | 545.0M | 527.0M | 1.1B |
| Cost Of Revenue | 617.0M | 544.0M | 473.0M | 418.0M | 709.0M |
| Gross Profit | -14.0M | 56.0M | 72.0M | 109.0M | 363.0M |
| Gross Margin % | -2.3% | 9.3% | 13.2% | 20.7% | 33.9% |
| Total Operating Cost | 811.0M | 756.0M | 586.0M | 564.0M | 982.0M |
| Selling Expenses | 9.9M | 7.7M | 7.2M | 9.2M | 116.0M |
| Admin Expenses | 84.9M | 52.2M | 49.0M | 61.8M | 46.2M |
| Rd Expenses | 28.7M | 28.2M | 27.7M | 30.6M | 34.0M |
| Finance Expenses | 27.1M | 21.8M | 12.8M | 14.6M | 19.9M |
| Operating Income | -198.0M | -147.0M | -29.4M | -28.1M | 102.0M |
| Operating Margin % | -32.8% | -24.5% | -5.4% | -5.3% | 9.5% |
| Non Operating Income | 550,000 | 73,300 | 137,900 | 50.00 | 9.1M |
| Non Operating Expenses | 3.7M | 1.8M | 122,900 | 2.6M | 888,800 |
| Investment Income | 8.2M | 8.0M | 7.4M | 7.6M | 10.0M |
| Fair Value Change Income | -- | 1.3M | 1.2M | -- | -- |
| Asset Disposal Income | 258,600 | -2.9M | 17,000 | 54,800 | 23,700 |
| Asset Impairment Loss | 53.2M | 56.1M | 4.6M | 21.5M | 26.8M |
| Other Income | 2.5M | 3.0M | 2.2M | 1.2M | 1.4M |
| Income Before Tax | -201.0M | -149.0M | -29.3M | -30.7M | 110.0M |
| Income Tax | -10.4M | -1.2M | -14.4M | -7.6M | 11.6M |
| Net Income | -190.0M | -147.0M | -14.9M | -23.0M | 98.3M |
| Net Margin % | -31.5% | -24.5% | -2.7% | -4.4% | 9.2% |
| Net Income Attributable | -191.0M | -147.0M | -14.6M | -22.8M | 98.1M |
| Minority Interest | 173,100 | 128,300 | -289,100 | -276,100 | 216,200 |
| Eps Basic | -0.66 | -0.51 | -0.05 | -0.08 | 0.34 |
| Eps Diluted | -0.66 | -0.51 | -0.05 | -0.08 | 0.34 |
| 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 | 50.0M | 95.7M | 128.0M | 153.0M | 325.0M |
| Trading Financial Assets | 22.5M | 22.5M | 21.2M | 20.0M | -- |
| Accounts Receivable | 105.0M | 137.0M | 132.0M | 107.0M | 94.5M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 105.0M | 137.0M | 132.0M | 107.0M | 94.5M |
| Prepayments | 6.6M | 9.0M | 14.9M | 15.2M | 38.9M |
| Inventory | 189.0M | 268.0M | 289.0M | 217.0M | 118.0M |
| Total Current Assets | 400.0M | 570.0M | 678.0M | 588.0M | 644.0M |
| Long Term Equity Investment | 63.1M | 61.7M | 60.6M | 59.7M | 59.0M |
| Fixed Assets | -- | 548.0M | 577.0M | -- | 260.0M |
| Fixed Assets Total | 489.0M | 548.0M | 577.0M | 402.0M | 260.0M |
| Construction In Progress | -- | 8.7M | 54.0M | -- | 39.8M |
| Construction In Progress Total | 7.2M | 8.7M | 54.0M | 115.0M | 39.8M |
| Intangible Assets | 42.3M | 39.6M | 40.4M | 36.2M | 36.7M |
| Long Term Deferred Expenses | 4.9M | 5.4M | 7.0M | 9.1M | 3.6M |
| Total Non Current Assets | 656.0M | 708.0M | 779.0M | 647.0M | 428.0M |
| Total Assets | 1.1B | 1.3B | 1.5B | 1.2B | 1.1B |
| Short Term Borrowings | 452.0M | 452.0M | 431.0M | 352.0M | 178.0M |
| Accounts Payable | 218.0M | 198.0M | 227.0M | 151.0M | 103.0M |
| Advance Receipts | -- | -- | -- | 64,300 | 66,100 |
| Contract Liabilities | 5.3M | 6.1M | 5.2M | 4.7M | 8.6M |
| Total Current Liabilities | 740.0M | 792.0M | 808.0M | 585.0M | 359.0M |
| Long Term Borrowings | 21.1M | -- | 16.6M | -- | -- |
| Total Non Current Liabilities | 31.9M | 11.2M | 28.3M | 13.8M | 12.4M |
| Total Liabilities | 772.0M | 803.0M | 836.0M | 599.0M | 372.0M |
| Paid In Capital | 289.0M | 292.0M | 292.0M | 292.0M | 225.0M |
| Capital Reserve | 106.0M | 121.0M | 121.0M | 121.0M | 178.0M |
| Surplus Reserve | 41.8M | 41.8M | 41.8M | 41.8M | 41.8M |
| Retained Earnings | -158.0M | 32.4M | 180.0M | 195.0M | 251.0M |
| Minority Equity | 5.1M | 5.0M | 4.8M | 5.1M | 4.0M |
| Equity Attributable | 279.0M | 469.0M | 617.0M | 631.0M | 697.0M |
| Total Equity | 284.0M | 474.0M | 621.0M | 636.0M | 701.0M |
| 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 | 607.0M | 517.0M | 441.0M | 412.0M | 987.0M |
| Tax Refunds Received | 12.0M | 5.4M | 57.2M | 10.8M | 5.8M |
| Total Operating Cash Inflow | 627.0M | 528.0M | 512.0M | 450.0M | 1.0B |
| Cash Paid For Goods | 423.0M | 357.0M | 339.0M | 354.0M | 538.0M |
| Cash Paid To Employees | 92.4M | 106.0M | 108.0M | 104.0M | 137.0M |
| Taxes Paid | 8.2M | 16.4M | 7.6M | 13.4M | 30.0M |
| Total Operating Cash Outflow | 564.0M | 512.0M | 481.0M | 534.0M | 871.0M |
| Operating Cash Flow | 63.3M | 15.5M | 31.3M | -84.3M | 154.0M |
| Total Investing Cash Inflow | 7.3M | 49.8M | 96.8M | 141.0M | 239.0M |
| Total Investing Cash Outflow | 32.4M | 66.2M | 278.0M | 367.0M | 315.0M |
| Investing Cash Flow | -25.1M | -16.4M | -181.0M | -225.0M | -76.2M |
| Cash From Borrowings | 557.0M | 603.0M | 981.0M | 792.0M | 545.0M |
| Dividends And Interest Paid | 27.1M | 21.6M | 18.6M | 47.1M | 15.8M |
| Debt Repayments | 553.0M | 638.0M | 836.0M | 619.0M | 509.0M |
| Total Financing Cash Inflow | 557.0M | 603.0M | 981.0M | 792.0M | 586.0M |
| Total Financing Cash Outflow | 599.0M | 660.0M | 855.0M | 668.0M | 527.0M |
| Financing Cash Flow | -42.2M | -57.7M | 126.0M | 125.0M | 59.2M |
| Net Change In Cash | -2.6M | -58.7M | -25.5M | -189.0M | 124.0M |
| Ending Cash Balance | 37.2M | 39.8M | 98.5M | 124.0M | 313.0M |
| Capex | 32.4M | 66.2M | 146.0M | 212.0M | 123.0M |