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 | 1.7B | 1.3B | 1.4B | 1.0B | 407.0M |
| Revenue Growth % | 29.5% | -10.4% | 39.0% | 156.0% | -- |
| Total Revenue | 1.7B | 1.3B | 1.4B | 1.0B | 407.0M |
| Cost Of Revenue | 1.2B | 941.0M | 870.0M | 602.0M | 325.0M |
| Gross Profit | 459.0M | 356.0M | 578.0M | 440.0M | 82.0M |
| Gross Margin % | 27.3% | 27.4% | 39.9% | 42.2% | 20.1% |
| Total Operating Cost | 2.3B | 1.9B | 1.4B | 908.0M | 683.0M |
| Selling Expenses | 114.0M | 93.6M | 62.5M | 52.9M | 33.4M |
| Admin Expenses | 138.0M | 109.0M | 72.2M | 46.1M | 208.0M |
| Rd Expenses | 619.0M | 499.0M | 305.0M | 199.0M | 99.3M |
| Finance Expenses | 19.9M | -911,300 | 9.8M | -3.9M | 8.0M |
| Operating Income | -613.0M | -530.0M | 136.0M | 141.0M | -271.0M |
| Operating Margin % | -36.5% | -40.9% | 9.4% | 13.5% | -66.6% |
| Non Operating Income | 859,100 | 283,700 | 277,200 | 255,700 | 1.1M |
| Non Operating Expenses | 901,700 | 3.9M | 206,900 | 28,800 | 7,000 |
| Investment Income | -2.2M | 1.4M | -519,100 | -- | 278,900 |
| Fair Value Change Income | -2.6M | 435,400 | -435,400 | -- | -- |
| Asset Impairment Loss | 205.0M | 203.0M | 21.0M | 6.8M | 6.9M |
| Other Income | 39.7M | 26.1M | 43.8M | 7.8M | 5.3M |
| Income Before Tax | -613.0M | -533.0M | 136.0M | 141.0M | -270.0M |
| Income Tax | -1.6M | -88,000 | -- | -- | -- |
| Net Income | -611.0M | -533.0M | 136.0M | 141.0M | -270.0M |
| Net Margin % | -36.4% | -41.1% | 9.4% | 13.5% | -66.3% |
| Net Income Attributable | -603.0M | -531.0M | 137.0M | 142.0M | -270.0M |
| Minority Interest | -7.9M | -2.0M | -712,000 | -529,200 | -36,200 |
| Eps Basic | -1.35 | -1.19 | 0.35 | 0.39 | -- |
| Eps Diluted | -1.35 | -1.19 | 0.35 | 0.39 | -- |
| 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 | 1.2B | 1.8B | 2.2B | 231.0M | 374.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 449.0M | 315.0M | 312.0M | 141.0M | 36.6M |
| Notes Receivable | 98.4M | 9.8M | 12.8M | 412,500 | 62.1M |
| Notes And Accounts Receivable | 547.0M | 325.0M | 325.0M | 141.0M | 98.6M |
| Prepayments | 64.7M | 157.0M | 144.0M | 123.0M | 26.2M |
| Inventory | 855.0M | 874.0M | 783.0M | 277.0M | 93.3M |
| Total Current Assets | 2.8B | 3.4B | 3.6B | 868.0M | 602.0M |
| Long Term Equity Investment | 187.0M | 45.1M | 36.9M | -- | -- |
| Fixed Assets | -- | 101.0M | 76.8M | 66.1M | 10.5M |
| Fixed Assets Total | 246.0M | 101.0M | 76.8M | 66.1M | 10.5M |
| Construction In Progress | -- | 264.0M | 184.0M | 84.1M | 24.9M |
| Construction In Progress Total | 335.0M | 264.0M | 184.0M | 84.1M | 24.9M |
| Intangible Assets | 63.4M | 31.0M | 30.0M | 36.7M | 38.2M |
| Long Term Deferred Expenses | 3.9M | 2.6M | 2.3M | -- | -- |
| Total Non Current Assets | 1.4B | 862.0M | 734.0M | 303.0M | 80.7M |
| Total Assets | 4.2B | 4.2B | 4.4B | 1.2B | 683.0M |
| Short Term Borrowings | 456.0M | 414.0M | 364.0M | -- | 15.5M |
| Accounts Payable | 270.0M | 185.0M | 160.0M | 113.0M | 108.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 14.4M | 22.6M | 20.2M | 3.8M | 6.0M |
| Total Current Liabilities | 1.4B | 837.0M | 689.0M | 230.0M | 189.0M |
| Long Term Borrowings | 626.0M | 683.0M | 525.0M | 1.0M | 30.0M |
| Total Non Current Liabilities | 697.0M | 722.0M | 530.0M | 5.2M | 32.0M |
| Total Liabilities | 2.1B | 1.6B | 1.2B | 235.0M | 221.0M |
| Paid In Capital | 447.0M | 447.0M | 447.0M | 389.0M | 109.0M |
| Capital Reserve | 2.4B | 2.5B | 2.4B | 400.0M | 838.0M |
| Retained Earnings | -849.0M | -246.0M | 285.0M | 148.0M | -485.0M |
| Minority Equity | 55.7M | -280,800 | -787,400 | -75,400 | 453,800 |
| Equity Attributable | 2.1B | 2.7B | 3.1B | 937.0M | 461.0M |
| Total Equity | 2.1B | 2.7B | 3.1B | 937.0M | 462.0M |
| 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 | 1.2B | 1.1B | 1.3B | 979.0M | 292.0M |
| Tax Refunds Received | 42.3M | 8.4M | 24.8M | 6.5M | 8.5M |
| Total Operating Cash Inflow | 1.4B | 1.4B | 1.5B | 1.0B | 342.0M |
| Cash Paid For Goods | 976.0M | 1.1B | 1.4B | 865.0M | 265.0M |
| Cash Paid To Employees | 514.0M | 414.0M | 302.0M | 170.0M | 77.0M |
| Taxes Paid | 5.2M | 5.0M | 4.6M | 5.5M | 1.2M |
| Total Operating Cash Outflow | 1.8B | 1.7B | 2.3B | 1.3B | 433.0M |
| Operating Cash Flow | -360.0M | -291.0M | -823.0M | -321.0M | -91.1M |
| Total Investing Cash Inflow | 528.0M | 277.0M | 6.7M | 7.2M | 92.3M |
| Total Investing Cash Outflow | 1.0B | 577.0M | 143.0M | 136.0M | 154.0M |
| Investing Cash Flow | -500.0M | -300.0M | -136.0M | -129.0M | -62.0M |
| Cash From Borrowings | 971.0M | 870.0M | 1.1B | 1.0M | 159.0M |
| Dividends And Interest Paid | 39.5M | 24.7M | 21.7M | 1.2M | 8.1M |
| Debt Repayments | 678.0M | 592.0M | 224.0M | 15.5M | 221.0M |
| Total Financing Cash Inflow | 974.0M | 878.0M | 3.2B | 321.0M | 686.0M |
| Total Financing Cash Outflow | 737.0M | 649.0M | 262.0M | 22.2M | 235.0M |
| Financing Cash Flow | 236.0M | 229.0M | 2.9B | 299.0M | 451.0M |
| Net Change In Cash | -621.0M | -363.0M | 2.0B | -153.0M | 297.0M |
| Ending Cash Balance | 1.2B | 1.8B | 2.2B | 203.0M | 355.0M |
| Capex | 199.0M | 125.0M | 89.1M | 129.0M | 71.4M |