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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 763.0M | 2.1B | 987.0M | 671.0M | 415.0M | 582.0M | 558.0M | 507.0M | 468.0M | 275.0M |
| Revenue Growth % | -63.9% | 113.9% | 47.1% | 61.7% | -28.7% | 4.3% | 10.1% | 8.3% | 70.2% | -- |
| Total Revenue | 763.0M | 2.1B | 987.0M | 671.0M | 415.0M | 582.0M | 558.0M | 507.0M | 468.0M | 275.0M |
| Cost Of Revenue | 1.1B | 1.5B | 486.0M | 256.0M | 107.0M | 138.0M | 139.0M | 136.0M | 120.0M | 83.0M |
| Gross Profit | -324.0M | 632.0M | 501.0M | 415.0M | 308.0M | 444.0M | 419.0M | 371.0M | 348.0M | 192.0M |
| Gross Margin % | -42.5% | 29.9% | 50.8% | 61.8% | 74.2% | 76.3% | 75.1% | 73.2% | 74.4% | 69.8% |
| Total Operating Cost | 2.5B | 1.9B | 806.0M | 461.0M | 275.0M | 264.0M | 255.0M | 258.0M | 240.0M | 168.0M |
| Selling Expenses | 30.5M | 44.1M | 32.0M | 33.0M | 28.6M | 34.1M | 29.3M | 24.6M | 21.7M | 10.1M |
| Admin Expenses | 140.0M | 142.0M | 134.0M | 106.0M | 89.8M | 61.0M | 49.0M | 51.5M | 62.8M | 67.4M |
| Rd Expenses | 110.0M | 149.0M | 94.2M | 69.4M | 69.6M | 41.3M | 32.2M | 35.8M | 24.4M | -- |
| Finance Expenses | 68.3M | 23.7M | 9.0M | -18.6M | -32.9M | -18.6M | -3.3M | -2.4M | -452,900 | 1.2M |
| Operating Income | -1.7B | 226.0M | 199.0M | 218.0M | 143.0M | 322.0M | 308.0M | 260.0M | 229.0M | 106.0M |
| Operating Margin % | -220.2% | 10.7% | 20.2% | 32.5% | 34.5% | 55.3% | 55.2% | 51.3% | 48.9% | 38.5% |
| Non Operating Income | 3.8M | 31.8M | 391,100 | 96,800 | 69,000 | 113,000 | 23,500 | 35,400 | 1.3M | 184,000 |
| Non Operating Expenses | 937,600 | 4.7M | 2.8M | 263,000 | 5.7M | 5.3M | 26,500 | 114,800 | 3.0M | 107,400 |
| Investment Income | 3.7M | -2.9M | -1.8M | -1.0M | -457,800 | 12,700 | 4.3M | 9.3M | 723,000 | -- |
| Asset Disposal Income | 119,800 | 1.6M | 1.5M | 1,100 | 182,200 | -2,200 | 5,500 | -- | -132,000 | -- |
| Asset Impairment Loss | 1.0B | 33.9M | 19.4M | 2.4M | 2.1M | -- | 1.3M | 5.0M | 5.5M | 3.4M |
| Other Income | 29.5M | 16.7M | 18.5M | 8.6M | 2.9M | 4.1M | 1.0M | 1.2M | 207,900 | -- |
| Income Before Tax | -1.7B | 253.0M | 197.0M | 218.0M | 137.0M | 317.0M | 308.0M | 260.0M | 227.0M | 106.0M |
| Income Tax | -169.0M | 73.6M | 8.7M | 37.8M | 27.1M | 46.3M | 45.1M | 38.1M | 32.9M | 17.7M |
| Net Income | -1.5B | 180.0M | 188.0M | 180.0M | 110.0M | 271.0M | 263.0M | 222.0M | 195.0M | 88.7M |
| Net Margin % | -197.6% | 8.5% | 19.0% | 26.8% | 26.5% | 46.6% | 47.1% | 43.8% | 41.7% | 32.2% |
| Net Income Attributable | -1.5B | 144.0M | 178.0M | 175.0M | 114.0M | 271.0M | 263.0M | 222.0M | 195.0M | 88.7M |
| Minority Interest | -12.4M | 35.8M | 10.5M | 5.1M | -4.1M | -161,800 | -- | -- | -- | -- |
| Eps Basic | -2.65 | 0.25 | 0.37 | 0.39 | 0.25 | 0.64 | 0.66 | 0.55 | 0.81 | -- |
| Eps Diluted | -2.66 | 0.25 | 0.37 | 0.39 | 0.25 | 0.64 | 0.66 | 0.55 | 0.81 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 267.0M | 1.2B | 2.1B | 628.0M | 1.2B | 1.2B | 306.0M | 326.0M | 171.0M | 25.1M |
| Accounts Receivable | 666.0M | 1.2B | 950.0M | 588.0M | 354.0M | 403.0M | 257.0M | 283.0M | 208.0M | 118.0M |
| Notes Receivable | 164.0M | 138.0M | 176.0M | 11.4M | 212,300 | 2.6M | 109.0M | 51.8M | 24.4M | 24.8M |
| Notes And Accounts Receivable | 830.0M | 1.3B | 1.1B | 599.0M | 354.0M | 406.0M | 366.0M | 335.0M | 232.0M | 143.0M |
| Prepayments | 116.0M | 191.0M | 27.8M | 74.0M | 15.6M | 13.2M | 4.0M | 1.5M | 2.7M | 1.3M |
| Inventory | 411.0M | 976.0M | 294.0M | 175.0M | 52.3M | 38.1M | 49.3M | 52.2M | 61.8M | 35.6M |
| Total Current Assets | 2.0B | 4.1B | 3.7B | 1.6B | 1.7B | 1.8B | 774.0M | 826.0M | 967.0M | 210.0M |
| Long Term Equity Investment | -- | -- | -- | 17.2M | 20.7M | 24.1M | 24.1M | -- | -- | -- |
| Fixed Assets | -- | 3.0B | 1.7B | 909.0M | 522.0M | 384.0M | 48.9M | -- | -- | 58.2M |
| Fixed Assets Total | 3.2B | 3.0B | 1.7B | 909.0M | 522.0M | 384.0M | 48.9M | 31.6M | 35.1M | 58.2M |
| Construction In Progress | -- | 791.0M | 569.0M | 315.0M | 135.0M | 245.0M | 316.0M | -- | -- | 563,500 |
| Construction In Progress Total | 363.0M | 791.0M | 569.0M | 315.0M | 135.0M | 245.0M | 316.0M | 75.0M | 429,500 | 563,500 |
| Intangible Assets | 158.0M | 167.0M | 177.0M | 161.0M | 131.0M | 109.0M | 112.0M | 114.0M | 10.7M | 45,300 |
| Long Term Deferred Expenses | 25.5M | 17.7M | 7.0M | 3.7M | 4.0M | 4.6M | 5.0M | 2.6M | 4.4M | 2.2M |
| Total Non Current Assets | 4.5B | 4.6B | 3.1B | 1.8B | 867.0M | 794.0M | 584.0M | 288.0M | 93.3M | 64.1M |
| Total Assets | 6.5B | 8.7B | 6.9B | 3.3B | 2.6B | 2.6B | 1.4B | 1.1B | 1.1B | 274.0M |
| Short Term Borrowings | 659.0M | 1.0B | 298.0M | 53.9M | 30.0M | -- | -- | -- | -- | 5.0M |
| Accounts Payable | 797.0M | 1.1B | 347.0M | 193.0M | 53.0M | 120.0M | 52.1M | 26.5M | 32.4M | 40.5M |
| Contract Liabilities | 4.1M | 90.8M | 1.8M | 2.3M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 2.4B | 2.6B | 963.0M | 332.0M | 133.0M | 166.0M | 93.3M | 75.6M | 62.3M | 63.7M |
| Long Term Borrowings | 135.0M | 626.0M | 590.0M | 190.0M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 289.0M | 828.0M | 731.0M | 360.0M | 47.0M | 48.1M | 34.7M | 3.1M | 2.9M | 3.6M |
| Total Liabilities | 2.7B | 3.4B | 1.7B | 693.0M | 180.0M | 214.0M | 128.0M | 78.7M | 65.2M | 67.3M |
| Paid In Capital | 562.0M | 562.0M | 561.0M | 449.0M | 449.0M | 449.0M | 401.0M | 100.0M | 100.0M | 83.4M |
| Capital Reserve | 3.5B | 3.5B | 3.5B | 1.3B | 1.3B | 1.3B | 439.0M | 739.0M | 739.0M | 21.4M |
| Surplus Reserve | 133.0M | 133.0M | 133.0M | 132.0M | 116.0M | 97.6M | 67.6M | 41.6M | 19.5M | 10.7M |
| Retained Earnings | -495.0M | 1.0B | 893.0M | 733.0M | 592.0M | 538.0M | 323.0M | 154.0M | 137.0M | 91.6M |
| Minority Equity | 59.0M | 96.3M | 59.8M | 57.4M | -4.7M | -161,800 | -- | -- | -- | -- |
| Equity Attributable | 3.7B | 5.2B | 5.1B | 2.6B | 2.4B | 2.3B | 1.2B | 1.0B | 995.0M | 207.0M |
| Total Equity | 3.7B | 5.3B | 5.2B | 2.6B | 2.4B | 2.3B | 1.2B | 1.0B | 995.0M | 207.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.1B | 1.6B | 769.0M | 455.0M | 446.0M | 479.0M | 554.0M | 444.0M | 455.0M | 235.0M |
| Tax Refunds Received | 86.6M | 52.1M | 26.2M | -- | 25.0M | 4.6M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 1.2B | 1.7B | 826.0M | 504.0M | 507.0M | 520.0M | 592.0M | 449.0M | 457.0M | 236.0M |
| Cash Paid For Goods | 522.0M | 1.6B | 454.0M | 213.0M | 82.4M | 48.4M | 85.6M | 88.9M | 142.0M | 82.1M |
| Cash Paid To Employees | 267.0M | 325.0M | 207.0M | 133.0M | 93.6M | 84.8M | 85.3M | 61.3M | 63.9M | 21.1M |
| Taxes Paid | 33.7M | 243.0M | 102.0M | 55.9M | 61.6M | 99.2M | 122.0M | 116.0M | 95.6M | 57.5M |
| Total Operating Cash Outflow | 924.0M | 2.2B | 861.0M | 489.0M | 316.0M | 310.0M | 348.0M | 315.0M | 364.0M | 197.0M |
| Operating Cash Flow | 289.0M | -497.0M | -35.0M | 15.0M | 190.0M | 210.0M | 244.0M | 135.0M | 92.6M | 38.9M |
| Total Investing Cash Inflow | 22.1M | 3.1M | 8.4M | 40.7M | 174.0M | 239,000 | 319.0M | 1.1B | 101.0M | 2.6M |
| Total Investing Cash Outflow | 624.0M | 1.2B | 1.3B | 790.0M | 350.0M | 188.0M | 500.0M | 922.0M | 680.0M | 17.7M |
| Investing Cash Flow | -602.0M | -1.2B | -1.3B | -749.0M | -176.0M | -188.0M | -181.0M | 217.0M | -579.0M | -15.1M |
| Cash From Borrowings | 607.0M | 1.3B | 938.0M | 264.0M | 30.0M | -- | -- | -- | -- | 5.0M |
| Dividends And Interest Paid | 63.1M | 63.9M | 53.1M | 22.8M | 42.8M | 36.1M | 68.1M | 182.0M | 100.0M | 6.0M |
| Debt Repayments | 1.2B | 510.0M | 273.0M | 57.6M | -- | -- | -- | -- | 5.0M | 26.4M |
| Total Financing Cash Inflow | 998.0M | 1.4B | 3.2B | 272.0M | 30.0M | 975.0M | -- | 30.5M | 690.0M | 15.4M |
| Total Financing Cash Outflow | 1.6B | 670.0M | 423.0M | 88.1M | 42.8M | 139.0M | 79.0M | 182.0M | 105.0M | 32.4M |
| Financing Cash Flow | -610.0M | 775.0M | 2.8B | 184.0M | -12.8M | 836.0M | -79.0M | -152.0M | 585.0M | -17.0M |
| Net Change In Cash | -923.0M | -894.0M | 1.5B | -550.0M | 1.8M | 859.0M | -17.8M | 200.0M | 98.6M | 6.8M |
| Ending Cash Balance | 256.0M | 1.2B | 2.1B | 616.0M | 1.2B | 1.2B | 306.0M | 323.0M | 124.0M | 25.1M |
| Capex | 624.0M | 1.1B | 987.0M | 611.0M | 163.0M | 185.0M | 276.0M | 216.0M | 50.3M | 15.8M |