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 | 7.7B | 8.7B | 14.1B | 4.1B | 1.9B |
| Revenue Growth % | -12.1% | -38.0% | 247.1% | 111.7% | -- |
| Total Revenue | 7.7B | 8.7B | 14.1B | 4.1B | 1.9B |
| Cost Of Revenue | 7.0B | 8.7B | 11.6B | 2.9B | 1.3B |
| Gross Profit | 711.0M | -12.0M | 2.5B | 1.1B | 610.0M |
| Gross Margin % | 9.3% | -0.1% | 17.6% | 27.3% | 31.9% |
| Total Operating Cost | 8.5B | 10.6B | 13.0B | 3.6B | 1.7B |
| Selling Expenses | 164.0M | 197.0M | 177.0M | 173.0M | 150.0M |
| Admin Expenses | 371.0M | 250.0M | 212.0M | 153.0M | 103.0M |
| Rd Expenses | 484.0M | 486.0M | 616.0M | 208.0M | 72.3M |
| Finance Expenses | 254.0M | 212.0M | 142.0M | 45.1M | 7.7M |
| Operating Income | -733.0M | -1.8B | 1.2B | 506.0M | 272.0M |
| Operating Margin % | -9.6% | -21.0% | 8.2% | 12.5% | 14.2% |
| Non Operating Income | 13.4M | 6.9M | 4.5M | 3.9M | 3.2M |
| Non Operating Expenses | 3.1M | 4.0M | 1.5M | 3.8M | 2.0M |
| Investment Income | -4.1M | 22.1M | -17.5M | 8.7M | 4.9M |
| Fair Value Change Income | -33.4M | -99.4M | -1.1M | -672,300 | -- |
| Asset Disposal Income | -12.5M | -628,900 | 14.3M | -545,000 | -- |
| Asset Impairment Loss | 265.0M | 627.0M | 101.0M | 2.2M | 2.3M |
| Other Income | 153.0M | 91.7M | 47.5M | 23.0M | 13.6M |
| Income Before Tax | -723.0M | -1.8B | 1.2B | 506.0M | 273.0M |
| Income Tax | 75.9M | -316.0M | 131.0M | 73.3M | 33.6M |
| Net Income | -799.0M | -1.5B | 1.0B | 433.0M | 240.0M |
| Net Margin % | -10.4% | -17.3% | 7.3% | 10.7% | 12.5% |
| Net Income Attributable | -636.0M | -1.2B | 753.0M | 351.0M | 203.0M |
| Minority Interest | -163.0M | -281.0M | 277.0M | 82.3M | 36.9M |
| Eps Basic | -1.10 | -2.18 | 1.42 | 0.73 | 0.48 |
| Eps Diluted | -1.09 | -2.19 | 1.42 | 0.73 | 0.48 |
| 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 | 2.8B | 3.3B | 2.0B | 853.0M | 909.0M |
| Trading Financial Assets | 505.0M | 59.5M | 30.7M | 431,000 | 80.0M |
| Accounts Receivable | 1.4B | 2.2B | 2.1B | 858.0M | 238.0M |
| Notes Receivable | 21.3M | 147.0M | 179.0M | 116.0M | 23.7M |
| Notes And Accounts Receivable | 1.5B | 2.3B | 2.3B | 974.0M | 262.0M |
| Prepayments | 282.0M | 153.0M | 670.0M | 247.0M | 53.7M |
| Inventory | 1.4B | 1.6B | 3.0B | 1.1B | 321.0M |
| Total Current Assets | 7.2B | 8.4B | 9.3B | 3.5B | 1.8B |
| Long Term Equity Investment | 47.7M | 74.5M | 120.0M | 62.7M | -- |
| Fixed Assets | -- | 3.7B | 2.1B | 1.1B | 489.0M |
| Fixed Assets Total | 6.0B | 3.7B | 2.1B | 1.1B | 489.0M |
| Construction In Progress | -- | 2.6B | 1.4B | 539.0M | 64.1M |
| Construction In Progress Total | 684.0M | 2.6B | 1.4B | 539.0M | 64.1M |
| Intangible Assets | 405.0M | 434.0M | 332.0M | 261.0M | 235.0M |
| Long Term Deferred Expenses | 116.0M | 121.0M | 116.0M | 18.8M | 9.3M |
| Total Non Current Assets | 8.9B | 8.8B | 5.4B | 2.6B | 1.1B |
| Total Assets | 16.1B | 17.2B | 14.7B | 6.1B | 3.0B |
| Short Term Borrowings | 4.0B | 5.1B | 3.4B | 971.0M | 407.0M |
| Accounts Payable | 1.8B | 2.2B | 1.8B | 698.0M | 192.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 92.3M | 21.9M | 426.0M | 60.2M | 30.7M |
| Total Current Liabilities | 8.6B | 9.6B | 7.1B | 2.3B | 796.0M |
| Long Term Borrowings | 2.2B | 2.1B | 1.2B | 728.0M | 1.0M |
| Total Non Current Liabilities | 3.4B | 3.4B | 2.0B | 1.3B | 45.1M |
| Total Liabilities | 12.0B | 13.0B | 9.1B | 3.6B | 841.0M |
| Paid In Capital | 665.0M | 565.0M | 565.0M | 482.0M | 344.0M |
| Capital Reserve | 2.9B | 2.6B | 2.6B | 576.0M | 941.0M |
| Surplus Reserve | 79.8M | 79.8M | 79.8M | 67.5M | 57.0M |
| Retained Earnings | -376.0M | 270.0M | 1.5B | 868.0M | 589.0M |
| Minority Equity | 853.0M | 729.0M | 887.0M | 521.0M | 191.0M |
| Equity Attributable | 3.2B | 3.5B | 4.7B | 2.0B | 1.9B |
| Total Equity | 4.0B | 4.2B | 5.6B | 2.5B | 2.1B |
| 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 | 5.0B | 6.6B | 6.7B | 2.4B | 1.8B |
| Tax Refunds Received | 27.5M | 84.9M | 7.5M | -- | -- |
| Total Operating Cash Inflow | 5.6B | 7.1B | 6.8B | 2.4B | 1.8B |
| Cash Paid For Goods | 3.7B | 4.8B | 8.7B | 2.2B | 1.1B |
| Cash Paid To Employees | 647.0M | 535.0M | 379.0M | 239.0M | 148.0M |
| Taxes Paid | 162.0M | 236.0M | 292.0M | 136.0M | 135.0M |
| Total Operating Cash Outflow | 4.7B | 6.2B | 10.0B | 2.9B | 1.5B |
| Operating Cash Flow | 819.0M | 886.0M | -3.2B | -409.0M | 305.0M |
| Total Investing Cash Inflow | 58.3M | 105.0M | 143.0M | 133.0M | 9.3M |
| Total Investing Cash Outflow | 1.1B | 2.2B | 1.3B | 1.5B | 403.0M |
| Investing Cash Flow | -1.0B | -2.1B | -1.1B | -1.3B | -393.0M |
| Cash From Borrowings | 6.0B | 9.4B | 5.5B | 1.9B | 456.0M |
| Dividends And Interest Paid | 249.0M | 363.0M | 259.0M | 144.0M | 170.0M |
| Debt Repayments | 7.0B | 6.1B | 2.0B | 537.0M | 218.0M |
| Total Financing Cash Inflow | 7.3B | 9.6B | 7.7B | 2.5B | 851.0M |
| Total Financing Cash Outflow | 7.6B | 6.9B | 2.6B | 798.0M | 394.0M |
| Financing Cash Flow | -250.0M | 2.7B | 5.1B | 1.7B | 457.0M |
| Net Change In Cash | -451.0M | 1.4B | 696.0M | -60.4M | 369.0M |
| Ending Cash Balance | 2.5B | 3.0B | 1.5B | 833.0M | 894.0M |
| Capex | 599.0M | 2.2B | 1.2B | 513.0M | 249.0M |