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 | 1.6B | 1.8B | 2.5B | 1.5B | 847.0M |
| Revenue Growth % | -13.4% | -26.0% | 67.4% | 73.3% | -- |
| Total Revenue | 1.6B | 1.8B | 2.5B | 1.5B | 847.0M |
| Cost Of Revenue | 1.2B | 1.2B | 1.3B | 705.0M | 394.0M |
| Gross Profit | 354.0M | 654.0M | 1.2B | 763.0M | 453.0M |
| Gross Margin % | 22.5% | 36.0% | 48.1% | 52.0% | 53.5% |
| Total Operating Cost | 3.2B | 2.4B | 2.2B | 1.3B | 727.0M |
| Selling Expenses | 159.0M | 263.0M | 237.0M | 138.0M | 61.4M |
| Admin Expenses | 264.0M | 278.0M | 265.0M | 167.0M | 98.5M |
| Rd Expenses | 312.0M | 383.0M | 296.0M | 211.0M | 130.0M |
| Finance Expenses | 109.0M | 97.2M | 40.5M | 10.5M | 2.9M |
| Operating Income | -1.6B | -425.0M | 278.0M | 218.0M | 139.0M |
| Operating Margin % | -98.7% | -23.4% | 11.3% | 14.9% | 16.4% |
| Non Operating Income | 456,300 | 152,600 | 320,800 | 141,000 | 67,400 |
| Non Operating Expenses | 1.6M | 8.6M | 4.9M | 6.7M | 2.5M |
| Investment Income | -1.3M | -385,100 | 788,700 | 5.8M | 9.9M |
| Fair Value Change Income | 5.3M | 6.2M | 185,000 | 254,600 | 392,700 |
| Asset Disposal Income | 602,300 | 751,000 | 644,900 | -3,600 | 48,800 |
| Asset Impairment Loss | 923.0M | 1.9M | 2.8M | 1.2M | -367,900 |
| Other Income | 70.2M | 99.9M | 50.4M | 55.5M | 9.0M |
| Income Before Tax | -1.6B | -434.0M | 273.0M | 211.0M | 137.0M |
| Income Tax | -162.0M | -57.4M | 8.9M | 11.5M | 7.9M |
| Net Income | -1.4B | -376.0M | 264.0M | 200.0M | 129.0M |
| Net Margin % | -88.5% | -20.7% | 10.7% | 13.6% | 15.2% |
| Net Income Attributable | -1.4B | -374.0M | 264.0M | 200.0M | 129.0M |
| Minority Interest | -1.2M | -2.0M | -42,900 | -114,700 | -156,500 |
| Eps Basic | -5.33 | -1.63 | 1.02 | 1.15 | 0.78 |
| Eps Diluted | -5.02 | -1.52 | 1.02 | 1.13 | 0.77 |
| 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 | 180.0M | 1.1B | 1.7B | 1.0B | 527.0M |
| Trading Financial Assets | -- | -- | -- | 20.0M | 232.0M |
| Accounts Receivable | 1.8B | 2.1B | 2.0B | 1.2B | 702.0M |
| Notes Receivable | 2.5M | 12.8M | 14.9M | 9.1M | 30.1M |
| Notes And Accounts Receivable | 1.8B | 2.1B | 2.1B | 1.2B | 732.0M |
| Prepayments | 30.3M | 38.2M | 43.6M | 44.2M | 29.1M |
| Inventory | 886.0M | 1.6B | 839.0M | 290.0M | 182.0M |
| Total Current Assets | 3.0B | 5.0B | 4.8B | 2.7B | 1.7B |
| Long Term Equity Investment | 244.0M | 246.0M | 24.3M | 23.6M | -- |
| Fixed Assets | -- | 834.0M | 497.0M | 387.0M | 35.6M |
| Fixed Assets Total | 783.0M | 834.0M | 497.0M | 387.0M | 35.6M |
| Construction In Progress | -- | 4.3M | 17.7M | 4.7M | -- |
| Construction In Progress Total | -- | 4.3M | 17.7M | 4.7M | -- |
| Intangible Assets | 117.0M | 51.1M | 55.1M | 36.8M | 42.0M |
| Long Term Deferred Expenses | 30.7M | 53.7M | 46.9M | 15.9M | 12.7M |
| Total Non Current Assets | 1.8B | 1.5B | 1.2B | 800.0M | 156.0M |
| Total Assets | 4.8B | 6.5B | 6.0B | 3.5B | 1.9B |
| Short Term Borrowings | 515.0M | 1.3B | 869.0M | 353.0M | 108.0M |
| Accounts Payable | 753.0M | 578.0M | 462.0M | 193.0M | 88.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 388.0M | 367.0M | 266.0M | 186.0M | 88.8M |
| Total Current Liabilities | 2.1B | 2.7B | 2.0B | 963.0M | 473.0M |
| Long Term Borrowings | 190.0M | 134.0M | 161.0M | 150.0M | -- |
| Total Non Current Liabilities | 1.4B | 1.4B | 1.3B | 239.0M | 78.1M |
| Total Liabilities | 3.6B | 4.2B | 3.3B | 1.2B | 551.0M |
| Paid In Capital | 261.0M | 261.0M | 186.0M | 184.0M | 166.0M |
| Capital Reserve | 1.6B | 1.6B | 1.6B | 1.5B | 833.0M |
| Surplus Reserve | 84.9M | 84.9M | 84.9M | 59.7M | 40.6M |
| Retained Earnings | -1.1B | 295.0M | 694.0M | 472.0M | 303.0M |
| Minority Equity | 324.0M | 23.6M | 13.7M | 1.6M | 1.2M |
| Equity Attributable | 876.0M | 2.3B | 2.7B | 2.3B | 1.3B |
| Total Equity | 1.2B | 2.3B | 2.7B | 2.3B | 1.3B |
| 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 | 1.7B | 1.8B | 1.7B | 1.2B | 760.0M |
| Tax Refunds Received | 1.3M | 2.1M | 1.5M | 1.7M | 1.8M |
| Total Operating Cash Inflow | 1.8B | 1.9B | 1.8B | 1.2B | 829.0M |
| Cash Paid For Goods | 1.0B | 1.3B | 1.1B | 574.0M | 260.0M |
| Cash Paid To Employees | 761.0M | 1.1B | 920.0M | 512.0M | 324.0M |
| Taxes Paid | 18.2M | 35.0M | 31.3M | 25.6M | 29.2M |
| Total Operating Cash Outflow | 2.0B | 2.8B | 2.3B | 1.3B | 754.0M |
| Operating Cash Flow | -222.0M | -870.0M | -488.0M | -119.0M | 75.4M |
| Total Investing Cash Inflow | 237.0M | 205.0M | 246.0M | 1.3B | 1.5B |
| Total Investing Cash Outflow | 368.0M | 569.0M | 537.0M | 1.7B | 1.5B |
| Investing Cash Flow | -131.0M | -364.0M | -291.0M | -378.0M | 29.1M |
| Cash From Borrowings | 942.0M | 1.3B | 913.0M | 491.0M | 128.0M |
| Dividends And Interest Paid | 70.0M | 74.9M | 48.4M | 22.4M | 13.1M |
| Debt Repayments | 1.7B | 893.0M | 388.0M | 131.0M | 87.9M |
| Total Financing Cash Inflow | 1.7B | 1.6B | 2.0B | 1.2B | 134.0M |
| Total Financing Cash Outflow | 2.3B | 1.1B | 499.0M | 182.0M | 104.0M |
| Financing Cash Flow | -572.0M | 562.0M | 1.5B | 1.0B | 29.8M |
| Net Change In Cash | -926.0M | -671.0M | 700.0M | 510.0M | 134.0M |
| Ending Cash Balance | 98.6M | 1.0B | 1.7B | 995.0M | 486.0M |
| Capex | 131.0M | 116.0M | 292.0M | 573.0M | 75.0M |