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 | 307.0M | 333.0M | 331.0M | 418.0M | 366.0M |
| Revenue Growth % | -7.8% | 0.6% | -20.8% | 14.2% | -- |
| Total Revenue | 307.0M | 333.0M | 331.0M | 418.0M | 366.0M |
| Cost Of Revenue | 181.0M | 215.0M | 241.0M | 216.0M | 184.0M |
| Gross Profit | 126.0M | 118.0M | 90.0M | 202.0M | 182.0M |
| Gross Margin % | 41.0% | 35.4% | 27.2% | 48.3% | 49.7% |
| Total Operating Cost | 438.0M | 498.0M | 452.0M | 375.0M | 298.0M |
| Selling Expenses | 44.0M | 37.3M | 26.6M | 34.7M | 24.0M |
| Admin Expenses | 46.2M | 45.4M | 28.9M | 30.8M | 30.1M |
| Rd Expenses | 121.0M | 143.0M | 118.0M | 90.9M | 61.9M |
| Finance Expenses | -207,600 | -4.7M | -6.2M | -19.6M | -17.0M |
| Operating Income | -126.0M | -162.0M | -114.0M | 62.3M | 102.0M |
| Operating Margin % | -41.0% | -48.6% | -34.4% | 14.9% | 27.9% |
| Non Operating Income | 16,300 | 17,900 | 1,600 | 5,700 | 10,400 |
| Non Operating Expenses | 5.7M | 111,600 | 137,500 | 225,400 | 12,600 |
| Investment Income | 558,200 | 1.9M | -200,100 | 3.2M | 8.8M |
| Fair Value Change Income | 88,400 | -- | -- | 48,800 | 1.1M |
| Asset Disposal Income | 468,400 | -- | -- | -- | -- |
| Asset Impairment Loss | 3.4M | 1.3M | 11.8M | 1.5M | 2.0M |
| Other Income | 4.3M | 1.3M | 6.2M | 15.8M | 24.5M |
| Income Before Tax | -132.0M | -163.0M | -114.0M | 62.1M | 102.0M |
| Income Tax | -21.6M | -23.4M | -15.9M | 761,900 | -898,600 |
| Net Income | -110.0M | -139.0M | -98.5M | 61.3M | 103.0M |
| Net Margin % | -35.8% | -41.7% | -29.8% | 14.7% | 28.1% |
| Net Income Attributable | -102.0M | -138.0M | -98.6M | 61.3M | 103.0M |
| Minority Interest | -8.0M | -914,400 | 96,300 | -- | -- |
| Eps Basic | -0.91 | -1.25 | -0.88 | 0.77 | 1.29 |
| Eps Diluted | -0.91 | -1.25 | -0.88 | 0.77 | 1.29 |
| 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 | 129.0M | 288.0M | 421.0M | 878.0M | 974.0M |
| Trading Financial Assets | 45.1M | -- | -- | 25.0M | 121.0M |
| Accounts Receivable | 280.0M | 334.0M | 259.0M | 358.0M | 251.0M |
| Notes Receivable | 12.1M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 292.0M | 334.0M | 259.0M | 358.0M | 251.0M |
| Prepayments | 3.8M | 10.2M | 35.6M | 22.9M | 10.1M |
| Inventory | 33.7M | 40.8M | 54.8M | 60.9M | 40.2M |
| Total Current Assets | 604.0M | 783.0M | 914.0M | 1.5B | 1.5B |
| Long Term Equity Investment | 55.3M | 58.8M | 54.6M | -- | -- |
| Fixed Assets | -- | 413.0M | 44.8M | 16.5M | 5.1M |
| Fixed Assets Total | 411.0M | 413.0M | 44.8M | 16.5M | 5.1M |
| Construction In Progress | -- | 4.1M | 295.0M | 96.0M | 20.3M |
| Construction In Progress Total | 194,500 | 4.1M | 295.0M | 96.0M | 20.3M |
| Intangible Assets | 36.8M | 48.9M | 55.9M | 48.0M | 48.4M |
| Long Term Deferred Expenses | 6.5M | 5.7M | 6.3M | 2.0M | 2.3M |
| Total Non Current Assets | 855.0M | 814.0M | 712.0M | 315.0M | 147.0M |
| Total Assets | 1.5B | 1.6B | 1.6B | 1.8B | 1.6B |
| Short Term Borrowings | 94.8M | 160.0M | 49.1M | 15.8M | -- |
| Accounts Payable | 130.0M | 110.0M | 109.0M | 136.0M | 79.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.4M | 2.0M | 4.3M | 1.7M | 1.5M |
| Total Current Liabilities | 258.0M | 329.0M | 245.0M | 254.0M | 148.0M |
| Long Term Borrowings | -- | -- | -- | 6.2M | -- |
| Total Non Current Liabilities | 42.7M | 11.6M | 7.7M | 10.7M | 1.2M |
| Total Liabilities | 301.0M | 341.0M | 252.0M | 265.0M | 149.0M |
| Paid In Capital | 112.0M | 112.0M | 80.3M | 80.3M | 80.0M |
| Capital Reserve | 1.1B | 1.1B | 1.2B | 1.2B | 1.1B |
| Surplus Reserve | 34.2M | 34.2M | 34.2M | 34.2M | 28.5M |
| Retained Earnings | -114.0M | -11.5M | 127.0M | 245.0M | 230.0M |
| Minority Equity | 2.8M | 7.9M | 8.8M | -- | -- |
| Equity Attributable | 1.2B | 1.2B | 1.4B | 1.5B | 1.5B |
| Total Equity | 1.2B | 1.3B | 1.4B | 1.5B | 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 | 325.0M | 277.0M | 451.0M | 291.0M | 313.0M |
| Tax Refunds Received | -- | -- | 6.3M | 11.8M | 8.9M |
| Total Operating Cash Inflow | 347.0M | 294.0M | 506.0M | 327.0M | 343.0M |
| Cash Paid For Goods | 159.0M | 201.0M | 327.0M | 192.0M | 183.0M |
| Cash Paid To Employees | 136.0M | 139.0M | 116.0M | 98.7M | 69.8M |
| Taxes Paid | 1.8M | 815,200 | 29.5M | 26.3M | 21.4M |
| Total Operating Cash Outflow | 350.0M | 391.0M | 544.0M | 372.0M | 314.0M |
| Operating Cash Flow | -2.6M | -97.8M | -37.9M | -45.2M | 28.7M |
| Total Investing Cash Inflow | 221.0M | 145.0M | 243.0M | 840.0M | 1.6B |
| Total Investing Cash Outflow | 302.0M | 196.0M | 467.0M | 987.0M | 1.8B |
| Investing Cash Flow | -81.0M | -51.0M | -224.0M | -147.0M | -162.0M |
| Cash From Borrowings | 150.0M | 244.0M | 167.0M | 22.0M | 10.5M |
| Dividends And Interest Paid | 4.0M | 4.9M | 22.8M | 40.3M | 32.8M |
| Debt Repayments | 215.0M | 160.0M | 113.0M | -- | 26.6M |
| Total Financing Cash Inflow | 153.0M | 244.0M | 175.0M | 38.0M | 10.5M |
| Total Financing Cash Outflow | 223.0M | 170.0M | 192.0M | 44.6M | 65.1M |
| Financing Cash Flow | -70.8M | 73.8M | -16.4M | -6.6M | -54.6M |
| Net Change In Cash | -153.0M | -75.8M | -282.0M | -199.0M | -189.0M |
| Ending Cash Balance | 104.0M | 257.0M | 333.0M | 615.0M | 814.0M |
| Capex | 47.3M | 115.0M | 263.0M | 91.4M | 38.3M |