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 | 3.1B | 2.7B | 2.9B | 2.5B | 1.5B |
| Revenue Growth % | 14.9% | -7.7% | 14.7% | 69.2% | -- |
| Total Revenue | 3.1B | 2.7B | 2.9B | 2.5B | 1.5B |
| Cost Of Revenue | 2.8B | 2.2B | 1.7B | 1.4B | 972.0M |
| Gross Profit | 270.0M | 532.0M | 1.2B | 1.1B | 530.0M |
| Gross Margin % | 8.7% | 19.8% | 40.9% | 44.9% | 35.3% |
| Total Operating Cost | 3.7B | 3.0B | 2.4B | 1.9B | 1.3B |
| Selling Expenses | 18.1M | 16.6M | 16.7M | 17.9M | 9.4M |
| Admin Expenses | 125.0M | 119.0M | 101.0M | 70.7M | 56.9M |
| Rd Expenses | 290.0M | 279.0M | 272.0M | 229.0M | 112.0M |
| Finance Expenses | 234.0M | 187.0M | 94.9M | 107.0M | 94.4M |
| Operating Income | -553.0M | -98.7M | 716.0M | 684.0M | 239.0M |
| Operating Margin % | -17.9% | -3.7% | 24.6% | 26.9% | 15.9% |
| Non Operating Income | 6.0M | 798,800 | 43,900 | 1.3M | 2.8M |
| Non Operating Expenses | 5.4M | 1.1M | 2.9M | 3.4M | 2.8M |
| Investment Income | -38.9M | -5.0M | -9.4M | -- | -- |
| Fair Value Change Income | -20.6M | 18.2M | 33.4M | -31.0M | -- |
| Asset Disposal Income | 663,500 | 25,300 | 1.3M | -564,300 | 1.1M |
| Asset Impairment Loss | 217.0M | 194.0M | 140.0M | 33.4M | 57.1M |
| Other Income | 162.0M | 184.0M | 139.0M | 61.6M | 60.8M |
| Income Before Tax | -552.0M | -99.0M | 714.0M | 682.0M | 239.0M |
| Income Tax | -155.0M | -72.4M | 44.3M | 59.6M | 24.0M |
| Net Income | -397.0M | -26.6M | 669.0M | 622.0M | 215.0M |
| Net Margin % | -12.8% | -1.0% | 23.0% | 24.5% | 14.3% |
| Net Income Attributable | -266.0M | 65.8M | 688.0M | 600.0M | 202.0M |
| Minority Interest | -132.0M | -92.4M | -18.6M | 21.9M | 13.3M |
| Eps Basic | -0.39 | 0.10 | 1.02 | 1.46 | 0.55 |
| Eps Diluted | -0.39 | 0.10 | 1.02 | 1.46 | 0.55 |
| 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 | 2.3B | 2.7B | 4.0B | 4.2B | 1.6B |
| Trading Financial Assets | 107.0M | 127.0M | -- | -- | -- |
| Accounts Receivable | 912.0M | 720.0M | 643.0M | 706.0M | 540.0M |
| Notes Receivable | 31.2M | 35.6M | 23.0M | 7.1M | 23.6M |
| Notes And Accounts Receivable | 943.0M | 755.0M | 666.0M | 713.0M | 564.0M |
| Prepayments | 72.7M | 61.5M | 69.9M | 97.1M | 28.7M |
| Inventory | 1.3B | 1.3B | 1.3B | 882.0M | 516.0M |
| Total Current Assets | 5.4B | 5.8B | 6.9B | 6.6B | 3.0B |
| Long Term Equity Investment | -- | 350.0M | 375.0M | -- | -- |
| Fixed Assets | -- | 8.8B | 6.6B | 4.0B | 2.6B |
| Fixed Assets Total | 10.1B | 8.8B | 6.6B | 4.0B | 2.6B |
| Construction In Progress | -- | 1.6B | 3.0B | 1.1B | 155.0M |
| Construction In Progress Total | 2.7B | 2.2B | 3.2B | 1.2B | 157.0M |
| Intangible Assets | 396.0M | 391.0M | 366.0M | 49.8M | 126.0M |
| Long Term Deferred Expenses | 8.4M | 11.1M | 14.1M | 10.1M | 6.5M |
| Total Non Current Assets | 14.0B | 12.5B | 11.6B | 5.9B | 3.4B |
| Total Assets | 19.3B | 18.3B | 18.5B | 12.6B | 6.4B |
| Short Term Borrowings | 1.3B | 480.0M | 270.0M | 945.0M | 1.2B |
| Accounts Payable | 987.0M | 854.0M | 930.0M | 587.0M | 258.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.8M | 2.4M | 4.1M | 4.6M | 4.6M |
| Total Current Liabilities | 3.5B | 2.5B | 2.0B | 2.1B | 1.6B |
| Long Term Borrowings | 2.3B | 1.3B | 2.0B | 609.0M | 442.0M |
| Total Non Current Liabilities | 7.5B | 6.3B | 6.7B | 2.2B | 2.2B |
| Total Liabilities | 11.0B | 8.7B | 8.7B | 4.3B | 3.9B |
| Paid In Capital | 671.0M | 677.0M | 677.0M | 457.0M | 401.0M |
| Capital Reserve | 5.3B | 5.6B | 5.6B | 5.8B | 726.0M |
| Surplus Reserve | 151.0M | 151.0M | 130.0M | 86.4M | 52.7M |
| Retained Earnings | 1.0B | 1.4B | 1.6B | 1.2B | 676.0M |
| Minority Equity | 996.0M | 1.6B | 1.6B | 699.0M | 657.0M |
| Equity Attributable | 7.3B | 8.0B | 8.2B | 7.5B | 1.9B |
| Total Equity | 8.3B | 9.5B | 9.8B | 8.2B | 2.5B |
| 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 | 2.8B | 2.6B | 2.3B | 1.2B | 824.0M |
| Tax Refunds Received | 175.0M | 214.0M | 452.0M | 213.0M | 80.8M |
| Total Operating Cash Inflow | 3.4B | 3.1B | 3.6B | 2.0B | 1.0B |
| Cash Paid For Goods | 1.7B | 1.4B | 1.1B | 635.0M | 351.0M |
| Cash Paid To Employees | 510.0M | 460.0M | 426.0M | 298.0M | 205.0M |
| Taxes Paid | 98.2M | 151.0M | 325.0M | 155.0M | 104.0M |
| Total Operating Cash Outflow | 2.6B | 2.1B | 2.4B | 1.6B | 699.0M |
| Operating Cash Flow | 811.0M | 1.0B | 1.2B | 438.0M | 310.0M |
| Total Investing Cash Inflow | 1.0B | 780.0M | 1.3B | 1.3B | 11.4M |
| Total Investing Cash Outflow | 3.1B | 2.6B | 6.0B | 4.3B | 716.0M |
| Investing Cash Flow | -2.1B | -1.9B | -4.7B | -3.0B | -705.0M |
| Cash From Borrowings | 2.9B | 821.0M | 5.7B | 2.2B | 1.1B |
| Dividends And Interest Paid | 175.0M | 385.0M | 348.0M | 130.0M | 96.1M |
| Debt Repayments | 1.2B | 828.0M | 2.1B | 2.2B | 1.1B |
| Total Financing Cash Inflow | 3.1B | 851.0M | 5.7B | 7.4B | 3.0B |
| Total Financing Cash Outflow | 2.0B | 1.5B | 2.4B | 2.4B | 1.6B |
| Financing Cash Flow | 1.1B | -675.0M | 3.3B | 5.0B | 1.4B |
| Net Change In Cash | -192.0M | -1.5B | -236.0M | 2.4B | 1.1B |
| Ending Cash Balance | 2.0B | 2.2B | 3.7B | 3.9B | 1.5B |
| Capex | 2.4B | 1.5B | 3.7B | 2.8B | 716.0M |