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 | 561.0M | 525.0M | 463.0M | 520.0M | 554.0M |
| Revenue Growth % | 6.9% | 13.4% | -11.0% | -6.1% | -- |
| Total Revenue | 561.0M | 525.0M | 463.0M | 520.0M | 554.0M |
| Cost Of Revenue | 482.0M | 426.0M | 358.0M | 377.0M | 383.0M |
| Gross Profit | 79.0M | 99.0M | 105.0M | 143.0M | 171.0M |
| Gross Margin % | 14.1% | 18.9% | 22.7% | 27.5% | 30.9% |
| Total Operating Cost | 768.0M | 682.0M | 563.0M | 523.0M | 508.0M |
| Selling Expenses | 27.1M | 25.0M | 26.9M | 25.4M | 25.3M |
| Admin Expenses | 57.6M | 71.6M | 48.8M | 40.0M | 33.5M |
| Rd Expenses | 107.0M | 106.0M | 77.5M | 47.7M | 36.6M |
| Finance Expenses | 35.4M | 30.0M | 21.0M | 15.6M | 16.5M |
| Operating Income | -150.0M | -152.0M | -95.4M | 11.2M | 53.1M |
| Operating Margin % | -26.7% | -29.0% | -20.6% | 2.2% | 9.6% |
| Non Operating Income | 376,900 | 5.1M | 1.6M | 1.4M | 4.0M |
| Non Operating Expenses | 185,500 | 5.0M | 2.4M | 9.0M | 793,600 |
| Investment Income | 44.6M | -790,100 | -626,900 | 1.0M | -- |
| Asset Disposal Income | 113,900 | 1.8M | 981,700 | 786,500 | -- |
| Asset Impairment Loss | 52.1M | 15.3M | 28.2M | 11.2M | 11.2M |
| Other Income | 12.5M | 5.1M | 3.7M | 12.8M | 7.7M |
| Income Before Tax | -150.0M | -151.0M | -96.2M | 3.7M | 56.3M |
| Income Tax | -20.6M | -13.4M | -21.6M | -2.2M | 8.3M |
| Net Income | -130.0M | -138.0M | -74.7M | 5.8M | 48.0M |
| Net Margin % | -23.2% | -26.3% | -16.1% | 1.1% | 8.7% |
| Net Income Attributable | -124.0M | -126.0M | -68.1M | 15.5M | 56.1M |
| Minority Interest | -5.6M | -11.9M | -6.5M | -9.7M | -8.1M |
| Eps Basic | -1.03 | -1.05 | -0.57 | 0.14 | 0.62 |
| Eps Diluted | -1.02 | -1.05 | -0.56 | 0.14 | 0.62 |
| 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 | 48.5M | 24.1M | 28.4M | 40.1M | 23.0M |
| Trading Financial Assets | -- | -- | -- | 31.6M | -- |
| Accounts Receivable | 179.0M | 215.0M | 178.0M | 194.0M | 173.0M |
| Notes Receivable | 42.6M | 72.2M | 83.4M | 32.1M | 23.4M |
| Notes And Accounts Receivable | 222.0M | 287.0M | 262.0M | 226.0M | 196.0M |
| Prepayments | 984,900 | 2.4M | 3.4M | 9.0M | 1.7M |
| Inventory | 86.6M | 93.4M | 106.0M | 87.0M | 62.3M |
| Total Current Assets | 382.0M | 484.0M | 457.0M | 455.0M | 313.0M |
| Long Term Equity Investment | 23.0M | -- | -- | -- | -- |
| Fixed Assets | -- | 652.0M | 194.0M | 187.0M | 229.0M |
| Fixed Assets Total | 879.0M | 652.0M | 194.0M | 187.0M | 229.0M |
| Construction In Progress | -- | 213.0M | 388.0M | 83.7M | 8.8M |
| Construction In Progress Total | 56.8M | 213.0M | 388.0M | 83.7M | 8.8M |
| Intangible Assets | 28.0M | 26.2M | 18.2M | 19.0M | 2.5M |
| Long Term Deferred Expenses | 38.3M | 45.7M | 43.9M | 31.9M | 37.6M |
| Total Non Current Assets | 1.1B | 1.1B | 867.0M | 535.0M | 301.0M |
| Total Assets | 1.5B | 1.6B | 1.3B | 990.0M | 613.0M |
| Short Term Borrowings | 347.0M | 458.0M | 396.0M | 215.0M | 154.0M |
| Accounts Payable | 251.0M | 152.0M | 195.0M | 145.0M | 111.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.9M | 1.7M | 736,200 | 1.0M | 224,700 |
| Total Current Liabilities | 753.0M | 707.0M | 705.0M | 433.0M | 358.0M |
| Long Term Borrowings | 520.0M | 551.0M | 109.0M | -- | 417,900 |
| Total Non Current Liabilities | 580.0M | 609.0M | 201.0M | 59.6M | 17.6M |
| Total Liabilities | 1.3B | 1.3B | 906.0M | 493.0M | 376.0M |
| Paid In Capital | 120.0M | 120.0M | 120.0M | 120.0M | 90.0M |
| Capital Reserve | 339.0M | 332.0M | 314.0M | 302.0M | 79.0M |
| Surplus Reserve | 10.6M | 10.6M | 10.6M | 10.6M | 8.3M |
| Retained Earnings | -247.0M | -123.0M | 2.9M | 87.1M | 74.0M |
| Minority Equity | -24.2M | -40.4M | -28.8M | -22.3M | -13.4M |
| Equity Attributable | 223.0M | 339.0M | 447.0M | 520.0M | 251.0M |
| Total Equity | 199.0M | 299.0M | 419.0M | 497.0M | 238.0M |
| 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 | 503.0M | 407.0M | 367.0M | 420.0M | 539.0M |
| Tax Refunds Received | 83.6M | 1.0M | 4.5M | 2.1M | 1.1M |
| Total Operating Cash Inflow | 622.0M | 439.0M | 407.0M | 438.0M | 553.0M |
| Cash Paid For Goods | 262.0M | 212.0M | 147.0M | 212.0M | 238.0M |
| Cash Paid To Employees | 200.0M | 184.0M | 186.0M | 174.0M | 151.0M |
| Taxes Paid | 26.4M | 35.9M | 27.6M | 16.3M | 23.3M |
| Total Operating Cash Outflow | 532.0M | 486.0M | 451.0M | 445.0M | 445.0M |
| Operating Cash Flow | 90.1M | -46.1M | -44.3M | -6.4M | 107.0M |
| Total Investing Cash Inflow | 237,100 | 3.4M | 47.6M | 245.0M | 4,425 |
| Total Investing Cash Outflow | 160.0M | 498.0M | 356.0M | 464.0M | 100.0M |
| Investing Cash Flow | -160.0M | -495.0M | -308.0M | -219.0M | -100.0M |
| Cash From Borrowings | 422.0M | 877.0M | 456.0M | 203.0M | 219.0M |
| Dividends And Interest Paid | 31.8M | 28.8M | 27.8M | 7.4M | 9.5M |
| Debt Repayments | 451.0M | 414.0M | 206.0M | 156.0M | 147.0M |
| Total Financing Cash Inflow | 708.0M | 1.1B | 643.0M | 493.0M | 264.0M |
| Total Financing Cash Outflow | 612.0M | 529.0M | 304.0M | 247.0M | 272.0M |
| Financing Cash Flow | 95.9M | 534.0M | 339.0M | 246.0M | -7.5M |
| Net Change In Cash | 26.4M | -6.3M | -13.4M | 20.9M | -504,300 |
| Ending Cash Balance | 46.8M | 20.4M | 26.7M | 40.1M | 19.2M |
| Capex | 159.0M | 498.0M | 356.0M | 196.0M | 100.0M |