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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 846.0M | 357.0M | 1.0B | 4.3B | 24.9M | 2.3M | 2.8M | 187,200 | 154,700 |
| Revenue Growth % | 137.0% | -65.5% | -75.9% | 17176.0% | 990.0% | -18.8% | 1402.1% | 21.0% | -- |
| Total Revenue | 846.0M | 357.0M | 1.0B | 4.3B | 24.9M | 2.3M | 2.8M | 187,200 | 154,700 |
| Cost Of Revenue | 204.0M | 259.0M | 416.0M | 1.3B | 14.3M | 147,500 | 274,300 | -- | 54,100 |
| Gross Profit | 642.0M | 98.0M | 619.0M | 3.0B | 10.6M | 2.1M | 2.5M | -- | 100,600 |
| Gross Margin % | 75.9% | 27.5% | 59.8% | 69.9% | 42.4% | 93.5% | 90.2% | -- | 65.0% |
| Total Operating Cost | 1.2B | 2.5B | 2.4B | 2.5B | 538.0M | 177.0M | 160.0M | 85.4M | 59.7M |
| Selling Expenses | 369.0M | 353.0M | 267.0M | 106.0M | 16.6M | 5.3M | -- | -- | -- |
| Admin Expenses | 179.0M | 286.0M | 269.0M | 221.0M | 78.9M | 59.8M | 44.0M | 15.9M | 10.4M |
| Rd Expenses | 416.0M | 638.0M | 778.0M | 879.0M | 428.0M | 152.0M | 113.0M | 68.1M | 51.6M |
| Finance Expenses | -22.2M | -56.3M | -185.0M | -25.2M | -4.2M | -43.5M | -240,200 | 684,400 | -2.8M |
| Operating Income | -375.0M | -1.9B | -1.2B | 1.9B | -398.0M | -162.0M | -138.0M | -64.4M | -57.9M |
| Operating Margin % | -44.3% | -542.3% | -114.1% | 45.1% | -1599.0% | -7094.7% | -4907.7% | -34422.8% | -37417.0% |
| Non Operating Income | 70,000 | 1.1M | 302,600 | 2.2M | 1.4M | 5.3M | 125,400 | 200.00 | 8.0M |
| Non Operating Expenses | 6.1M | 43.5M | 3.6M | 6.2M | 174,000 | 19,300 | 32,100 | 9,700 | -- |
| Investment Income | -37.0M | 73.2M | 96.0M | 45.8M | 32.0M | 3.4M | 13.1M | 11.2M | 1.7M |
| Fair Value Change Income | -6.1M | -14.6M | -4.1M | 71.1M | 6.6M | 526,000 | -636,200 | 636,200 | -- |
| Asset Disposal Income | 767,300 | 181,400 | -- | -- | -- | -- | 104,700 | -- | -- |
| Asset Impairment Loss | 55.6M | 967.0M | 802.0M | 1.3M | 391,000 | 240,700 | -- | -- | -- |
| Other Income | 47.9M | 119.0M | 58.1M | 15.0M | 77.0M | 8.5M | 5.8M | 9.0M | 7,500 |
| Income Before Tax | -381.0M | -2.0B | -1.2B | 1.9B | -397.0M | -157.0M | -138.0M | -64.4M | -49.9M |
| Income Tax | 2.5M | -11.5M | -219.0M | 29.7M | -- | -- | -- | -- | -- |
| Net Income | -384.0M | -2.0B | -965.0M | 1.9B | -397.0M | -157.0M | -138.0M | -64.4M | -49.9M |
| Net Margin % | -45.4% | -551.0% | -93.2% | 44.3% | -1595.0% | -6875.7% | -4907.7% | -34427.9% | -32225.0% |
| Net Income Attributable | -379.0M | -1.5B | -909.0M | 1.9B | -397.0M | -157.0M | -138.0M | -64.4M | -49.9M |
| Minority Interest | -4.8M | -485.0M | -55.3M | -7.3M | -- | -- | -- | -- | -- |
| Eps Basic | -1.53 | -6.01 | -3.68 | 7.74 | -1.72 | -0.76 | -0.87 | -0.44 | -- |
| Eps Diluted | -1.53 | -6.01 | -3.68 | 7.74 | -1.72 | -0.76 | -0.87 | -0.44 | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 2.0B | 2.8B | 3.5B | 5.6B | 4.4B | 643.0M | 57.4M | 20.0M | 52.5M |
| Trading Financial Assets | 1.2B | 1.3B | 2.5B | 1.9B | 667.0M | 112.0M | -- | 133.0M | -- |
| Accounts Receivable | 738.0M | 637.0M | 855.0M | 158.0M | 22.1M | -- | 276,300 | -- | -- |
| Notes And Accounts Receivable | 738.0M | 637.0M | 855.0M | 158.0M | 22.1M | -- | 276,300 | -- | -- |
| Prepayments | 44.0M | 48.5M | 121.0M | 379.0M | 114.0M | 17.9M | 3.1M | 240,100 | 73,000 |
| Inventory | 283.0M | 353.0M | 678.0M | 876.0M | 171.0M | 16.3M | 8.5M | 1.6M | -- |
| Total Current Assets | 4.3B | 5.2B | 7.7B | 9.3B | 5.4B | 794.0M | 221.0M | 427.0M | 147.0M |
| Long Term Equity Investment | 16.8M | 18.2M | 3.2M | -- | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.7B | 1.5B | 1.2B | 105.0M | 81.7M | 62.7M | 21.4M | -- |
| Fixed Assets Total | 1.4B | 1.7B | 1.5B | 1.2B | 105.0M | 81.7M | 62.7M | 21.4M | 17.5M |
| Construction In Progress | -- | 1.1B | 1.3B | 821.0M | 760.0M | 479.0M | 438.0M | 365.0M | -- |
| Construction In Progress Total | 1.3B | 1.1B | 1.3B | 821.0M | 760.0M | 479.0M | 438.0M | 365.0M | 129.0M |
| Intangible Assets | 115.0M | 144.0M | 221.0M | 172.0M | 36.9M | 19.8M | 19.7M | 19.5M | 19.8M |
| Long Term Deferred Expenses | 16.1M | 26.9M | 14.1M | -- | 8.0M | 14.8M | 7.1M | 10.2M | 12.0M |
| Total Non Current Assets | 3.7B | 4.1B | 3.7B | 2.6B | 1.3B | 990.0M | 575.0M | 440.0M | 179.0M |
| Total Assets | 8.0B | 9.3B | 11.5B | 11.9B | 6.7B | 1.8B | 796.0M | 866.0M | 326.0M |
| Short Term Borrowings | 377.0M | 854.0M | 1.5B | 991.0M | -- | -- | -- | -- | -- |
| Accounts Payable | 62.5M | 104.0M | 220.0M | 843.0M | 60.6M | 6.2M | 6.7M | 1.9M | 733,900 |
| Contract Liabilities | 14.7M | 3.6M | 1.5M | 193.0M | 420,000 | 577,600 | -- | -- | -- |
| Total Current Liabilities | 1.7B | 2.6B | 2.9B | 2.9B | 409.0M | 116.0M | 105.0M | 111.0M | 24.9M |
| Long Term Borrowings | 1.1B | 1.1B | 878.0M | 40.0M | 90.0M | 130.0M | 150.0M | 108.0M | 69.3M |
| Total Non Current Liabilities | 1.4B | 1.5B | 1.3B | 465.0M | 268.0M | 198.0M | 188.0M | 148.0M | 86.8M |
| Total Liabilities | 3.0B | 4.0B | 4.2B | 3.3B | 677.0M | 314.0M | 294.0M | 259.0M | 112.0M |
| Paid In Capital | 247.0M | 247.0M | 247.0M | 247.0M | 247.0M | 223.0M | 161.0M | 156.0M | 130.0M |
| Capital Reserve | 6.6B | 6.6B | 6.6B | 6.6B | 6.6B | 1.6B | 553.0M | 524.0M | 221.0M |
| Surplus Reserve | 118.0M | 118.0M | 118.0M | 118.0M | -- | -- | -- | -- | -- |
| Retained Earnings | -1.9B | -1.6B | -75.7M | 1.0B | -765.0M | -368.0M | -211.0M | -73.0M | -136.0M |
| Minority Equity | -- | 12.8M | 498.0M | 553.0M | -- | -- | -- | -- | -- |
| Equity Attributable | 4.9B | 5.3B | 6.7B | 8.0B | 6.1B | 1.5B | 502.0M | 607.0M | 214.0M |
| Total Equity | 4.9B | 5.3B | 7.2B | 8.5B | 6.1B | 1.5B | 502.0M | 607.0M | 214.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 726.0M | 487.0M | 425.0M | 4.4B | 5.1M | 3.1M | 2.6M | 192,700 | 2.1M |
| Tax Refunds Received | 47.0M | 141.0M | 134.0M | 188.0M | 8.3M | 5.7M | 151,000 | -- | -- |
| Total Operating Cash Inflow | 920.0M | 848.0M | 879.0M | 4.8B | 236.0M | 50.0M | 8.3M | 31.5M | 25.2M |
| Cash Paid For Goods | 174.0M | 549.0M | 1.4B | 1.5B | 212.0M | 38.5M | 31.3M | 13.2M | 8.2M |
| Cash Paid To Employees | 479.0M | 699.0M | 608.0M | 378.0M | 135.0M | 88.7M | 56.7M | 32.8M | 19.8M |
| Taxes Paid | 27.7M | 35.0M | 56.5M | 25.7M | 2.3M | 2.1M | 2.1M | 352,800 | 180,200 |
| Total Operating Cash Outflow | 1.1B | 1.8B | 2.7B | 2.8B | 586.0M | 204.0M | 132.0M | 64.1M | 44.7M |
| Operating Cash Flow | -167.0M | -908.0M | -1.9B | 2.0B | -350.0M | -154.0M | -124.0M | -32.6M | -19.5M |
| Total Investing Cash Inflow | 13.4B | 8.4B | 12.2B | 7.1B | 6.3B | 968.0M | 1.7B | 1.8B | 189.0M |
| Total Investing Cash Outflow | 13.4B | 8.8B | 13.4B | 9.7B | 6.6B | 1.8B | 1.6B | 2.3B | 377.0M |
| Investing Cash Flow | 2.5M | -450.0M | -1.2B | -2.6B | -320.0M | -814.0M | 118.0M | -485.0M | -188.0M |
| Cash From Borrowings | 1.0B | 1.6B | 2.6B | 1.1B | -- | -- | 41.7M | 39.0M | 69.3M |
| Dividends And Interest Paid | 63.8M | 73.7M | 241.0M | 14.1M | 6.7M | 8.8M | 7.6M | 4.6M | 336,300 |
| Debt Repayments | 1.3B | 1.6B | 1.4B | 160.0M | 20.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 1.1B | 1.7B | 2.6B | 1.8B | 5.0B | 1.1B | 59.2M | 489.0M | 151.0M |
| Total Financing Cash Outflow | 1.4B | 1.7B | 1.8B | 201.0M | 42.7M | 36.9M | 14.1M | 4.6M | 336,300 |
| Financing Cash Flow | -334.0M | -7.6M | 854.0M | 1.6B | 4.9B | 1.1B | 45.1M | 484.0M | 151.0M |
| Net Change In Cash | -490.0M | -1.3B | -2.1B | 1.0B | 4.2B | 145.0M | 39.1M | -34.3M | -54.4M |
| Ending Cash Balance | 1.6B | 2.0B | 3.4B | 5.5B | 4.4B | 202.0M | 57.4M | 18.2M | 52.5M |
| Capex | 458.0M | 610.0M | 1.1B | 1.2B | 288.0M | 117.0M | 161.0M | 186.0M | 126.0M |