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 |
|---|---|---|---|---|---|---|---|
| Revenue | 164.0M | 225.0M | 280.0M | 422.0M | 285.0M | 110.0M | 47.5M |
| Revenue Growth % | -27.1% | -19.6% | -33.6% | 48.1% | 159.1% | 131.4% | -- |
| Total Revenue | 164.0M | 225.0M | 280.0M | 422.0M | 285.0M | 110.0M | 47.5M |
| Cost Of Revenue | 135.0M | 141.0M | 162.0M | 301.0M | 128.0M | 50.4M | 34.3M |
| Gross Profit | 29.0M | 84.0M | 118.0M | 121.0M | 157.0M | 59.6M | 13.2M |
| Gross Margin % | 17.7% | 37.3% | 42.1% | 28.7% | 55.1% | 54.2% | 27.8% |
| Total Operating Cost | 254.0M | 232.0M | 238.0M | 359.0M | 220.0M | 484.0M | 214.0M |
| Selling Expenses | 8.8M | 9.0M | 6.8M | 5.1M | 5.1M | 2.5M | 3.3M |
| Admin Expenses | 32.4M | 28.1M | 20.8M | 16.2M | 15.7M | 397.0M | 143.0M |
| Rd Expenses | 54.4M | 52.1M | 43.3M | 22.2M | 44.2M | 24.4M | 27.3M |
| Finance Expenses | -8.8M | -13.5M | -370,400 | -102,500 | 1.0M | 2.3M | 41,900 |
| Operating Income | -76.7M | 28.6M | 50.5M | 67.5M | 67.6M | -373.0M | -166.0M |
| Operating Margin % | -46.8% | 12.7% | 18.0% | 16.0% | 23.7% | -339.1% | -349.3% |
| Non Operating Income | 4,000 | 64,900 | 115,100 | 630,600 | 12,100 | 200.00 | 330,000 |
| Non Operating Expenses | 248,300 | 159,900 | 395,500 | 537,100 | 43,600 | 331,400 | -- |
| Investment Income | 11.0M | 13.2M | 5.8M | 3.5M | 1.6M | 269,700 | 1,177 |
| Fair Value Change Income | 6,900 | -381,100 | 75,200 | 301,900 | 419,600 | 102,100 | -- |
| Asset Disposal Income | 59,500 | 91,900 | 272,700 | -12,900 | -10,500 | -- | -- |
| Asset Impairment Loss | 15.8M | 4.9M | 6.3M | 5.0M | 19.1M | -- | 5.2M |
| Other Income | 2.1M | 22.2M | 2.0M | 543,200 | 609,400 | 518,100 | 92,400 |
| Income Before Tax | -76.9M | 28.5M | 50.2M | 67.5M | 67.5M | -374.0M | -166.0M |
| Income Tax | -15.7M | 1.7M | 7.2M | 7.6M | 8.5M | 1.9M | -2.9M |
| Net Income | -61.3M | 26.9M | 43.0M | 59.9M | 59.0M | -375.0M | -163.0M |
| Net Margin % | -37.4% | 12.0% | 15.4% | 14.2% | 20.7% | -340.9% | -343.0% |
| Net Income Attributable | -57.2M | 30.6M | 45.3M | 60.5M | 58.9M | -374.0M | -161.0M |
| Minority Interest | -4.1M | -3.7M | -2.3M | -568,400 | 147,000 | -1.8M | -1.6M |
| Eps Basic | -0.76 | 0.40 | 0.80 | 1.09 | 1.32 | -- | -- |
| Eps Diluted | -0.76 | 0.40 | 0.80 | 1.09 | 1.32 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 681.0M | 1.2B | 1.4B | 195.0M | 130.0M | 19.1M | 8.9M |
| Trading Financial Assets | 385.0M | 21.2M | 21.8M | 299.0M | 117.0M | 49.5M | -- |
| Accounts Receivable | 145.0M | 225.0M | 169.0M | 261.0M | 189.0M | 94.8M | 23.9M |
| Notes Receivable | 27.0M | 9.7M | 19.2M | 5.6M | 23.0M | -- | -- |
| Notes And Accounts Receivable | 171.0M | 235.0M | 188.0M | 267.0M | 212.0M | 94.8M | 23.9M |
| Prepayments | 5.2M | 6.0M | 4.6M | 5.4M | 6.0M | 2.1M | 3.6M |
| Inventory | 153.0M | 148.0M | 146.0M | 157.0M | 308.0M | 47.1M | 35.7M |
| Total Current Assets | 1.4B | 1.7B | 1.8B | 986.0M | 783.0M | 219.0M | 77.3M |
| Long Term Equity Investment | 22.6M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 192.0M | 5.9M | 6.5M | 6.5M | 3.4M | 3.0M |
| Fixed Assets Total | 244.0M | 192.0M | 5.9M | 6.5M | 6.5M | 3.4M | 3.0M |
| Construction In Progress | -- | 38.6M | 170.0M | 69.9M | 573,900 | -- | 271,600 |
| Construction In Progress Total | 458,500 | 38.6M | 170.0M | 69.9M | 573,900 | -- | 271,600 |
| Intangible Assets | 10.8M | 10.9M | 11.0M | 11.1M | 11.1M | -- | -- |
| Long Term Deferred Expenses | 7.6M | 398,400 | 89,900 | 263,700 | 592,400 | 405,700 | 397,600 |
| Total Non Current Assets | 337.0M | 261.0M | 201.0M | 123.0M | 29.0M | 10.9M | 10.9M |
| Total Assets | 1.8B | 1.9B | 2.0B | 1.1B | 812.0M | 230.0M | 88.1M |
| Accounts Payable | 162.0M | 152.0M | 207.0M | 311.0M | 313.0M | 53.0M | 26.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 10.8M | 7.6M |
| Contract Liabilities | 6.5M | 40.3M | 42.0M | 91.3M | 15.4M | -- | -- |
| Total Current Liabilities | 197.0M | 237.0M | 299.0M | 472.0M | 393.0M | 140.0M | 141.0M |
| Long Term Borrowings | -- | -- | -- | 55.0M | -- | -- | -- |
| Total Non Current Liabilities | 17.2M | 5.1M | 6.3M | 60.4M | 30,400 | 185,700 | -- |
| Total Liabilities | 214.0M | 242.0M | 305.0M | 532.0M | 393.0M | 140.0M | 141.0M |
| Paid In Capital | 75.7M | 75.7M | 75.7M | 56.7M | 54.8M | 28.4M | 10.3M |
| Capital Reserve | 1.5B | 1.5B | 1.5B | 473.0M | 377.0M | 632.0M | 278.0M |
| Surplus Reserve | 13.4M | 13.4M | 10.2M | 8.0M | -- | -- | -- |
| Retained Earnings | 19.0M | 91.2M | 86.4M | 43.3M | -9.2M | -568.0M | -340.0M |
| Minority Equity | -11.6M | -9.8M | -6.1M | -3.8M | -3.6M | -3.7M | -1.6M |
| Equity Attributable | 1.6B | 1.7B | 1.7B | 581.0M | 423.0M | 93.7M | -51.4M |
| Total Equity | 1.6B | 1.7B | 1.7B | 578.0M | 419.0M | 90.0M | -53.1M |
| 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 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 176.0M | 178.0M | 287.0M | 444.0M | 231.0M | 58.7M | 45.9M |
| Tax Refunds Received | 103,400 | 292,400 | 374,600 | -- | -- | -- | -- |
| Total Operating Cash Inflow | 196.0M | 221.0M | 315.0M | 459.0M | 233.0M | 59.5M | 59.2M |
| Cash Paid For Goods | 112.0M | 133.0M | 204.0M | 153.0M | 160.0M | 38.7M | 44.2M |
| Cash Paid To Employees | 79.1M | 62.6M | 58.7M | 51.1M | 33.1M | 23.0M | 20.7M |
| Taxes Paid | 9.4M | 21.0M | 34.8M | 55.5M | 18.1M | 1.1M | 539,600 |
| Total Operating Cash Outflow | 245.0M | 260.0M | 332.0M | 286.0M | 254.0M | 91.2M | 89.7M |
| Operating Cash Flow | -49.1M | -39.0M | -16.4M | 173.0M | -20.8M | -31.7M | -30.5M |
| Total Investing Cash Inflow | 3.0B | 2.4B | 1.7B | 951.0M | 641.0M | 97.1M | 15.1M |
| Total Investing Cash Outflow | 3.4B | 2.5B | 1.5B | 1.2B | 721.0M | 147.0M | 8.4M |
| Investing Cash Flow | -432.0M | -63.7M | 200.0M | -260.0M | -80.0M | -49.9M | 6.6M |
| Cash From Borrowings | -- | -- | -- | 60.0M | 5.0M | 1.8M | -- |
| Dividends And Interest Paid | 15.0M | 22.8M | 2.9M | 1.6M | 59,100 | 11,200 | 19,700 |
| Debt Repayments | -- | -- | 60.0M | -- | 5.0M | 1.8M | -- |
| Total Financing Cash Inflow | 19.6M | 3.4M | 1.1B | 158.0M | 274.0M | 156.0M | 35.9M |
| Total Financing Cash Outflow | 87.7M | 47.8M | 93.9M | 7.0M | 62.4M | 64.7M | 10.0M |
| Financing Cash Flow | -68.1M | -44.3M | 995.0M | 151.0M | 212.0M | 91.7M | 25.9M |
| Net Change In Cash | -549.0M | -147.0M | 1.2B | 64.8M | 111.0M | 10.1M | 2.0M |
| Ending Cash Balance | 677.0M | 1.2B | 1.4B | 195.0M | 130.0M | 19.1M | 8.9M |
| Capex | 56.5M | 69.2M | 84.6M | 78.7M | 16.7M | 2.2M | 1.8M |