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 | 367.0M | 801.0M | 738.0M | 629.0M | 572.0M |
| Revenue Growth % | -54.2% | 8.5% | 17.3% | 10.0% | -- |
| Total Revenue | 367.0M | 801.0M | 738.0M | 629.0M | 572.0M |
| Cost Of Revenue | 321.0M | 552.0M | 455.0M | 391.0M | 323.0M |
| Gross Profit | 46.0M | 249.0M | 283.0M | 238.0M | 249.0M |
| Gross Margin % | 12.5% | 31.1% | 38.3% | 37.8% | 43.5% |
| Total Operating Cost | 978.0M | 1.1B | 993.0M | 898.0M | 639.0M |
| Selling Expenses | 58.6M | 64.3M | 105.0M | 62.3M | 38.5M |
| Admin Expenses | 225.0M | 224.0M | 213.0M | 136.0M | 90.3M |
| Rd Expenses | 97.0M | 141.0M | 101.0M | 92.8M | 74.7M |
| Finance Expenses | 2.0M | -16.1M | -5.3M | -10.3M | -1.6M |
| Operating Income | -533.0M | -307.0M | -233.0M | -242.0M | -41.2M |
| Operating Margin % | -145.2% | -38.3% | -31.6% | -38.5% | -7.2% |
| Non Operating Income | 3.1M | 632,500 | 828,700 | 1.6M | 708,400 |
| Non Operating Expenses | 2.1M | 13.6M | 4.5M | 1.5M | 1.8M |
| Investment Income | 6.1M | -34.2M | -13.2M | -3.3M | 1.2M |
| Fair Value Change Income | 19.9M | 33.1M | 165,100 | 930,600 | -- |
| Asset Disposal Income | 713,500 | 44,100 | -107,400 | -348,700 | -2,600 |
| Asset Impairment Loss | 70.2M | 62.9M | 90.4M | 51.2M | 18.1M |
| Other Income | 51.8M | 24.9M | 35.7M | 29.3M | 24.1M |
| Income Before Tax | -532.0M | -320.0M | -236.0M | -242.0M | -42.3M |
| Income Tax | 8.7M | -19.5M | -41.2M | -40.9M | -9.8M |
| Net Income | -540.0M | -300.0M | -195.0M | -201.0M | -32.6M |
| Net Margin % | -147.1% | -37.5% | -26.4% | -32.0% | -5.7% |
| Net Income Attributable | -456.0M | -243.0M | -167.0M | -162.0M | -22.5M |
| Minority Interest | -83.8M | -56.9M | -28.4M | -39.0M | -10.0M |
| Eps Basic | -1.97 | -1.48 | -1.19 | -1.63 | -0.38 |
| Eps Diluted | -1.97 | -1.48 | -1.19 | -1.63 | -0.38 |
| 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 | 722.0M | 609.0M | 650.0M | 856.0M | 1.1B |
| Trading Financial Assets | 727.0M | 690.0M | 25.2M | 222.0M | 50.0M |
| Accounts Receivable | 1.5B | 1.6B | 1.1B | 720.0M | 843.0M |
| Notes Receivable | 14.5M | 50.8M | 31.2M | 18.9M | 31.9M |
| Notes And Accounts Receivable | 1.6B | 1.7B | 1.1B | 739.0M | 875.0M |
| Prepayments | 4.7M | 27.8M | 19.6M | 15.7M | 5.9M |
| Inventory | 193.0M | 231.0M | 303.0M | 260.0M | 173.0M |
| Total Current Assets | 3.3B | 3.3B | 2.3B | 2.3B | 2.3B |
| Long Term Equity Investment | 284.0M | 319.0M | 334.0M | 319.0M | 130.0M |
| Fixed Assets | -- | 503.0M | 479.0M | 230.0M | 192.0M |
| Fixed Assets Total | 497.0M | 503.0M | 479.0M | 230.0M | 192.0M |
| Construction In Progress | -- | 21.7M | 14.4M | 191.0M | 91.0M |
| Construction In Progress Total | 15.0M | 21.7M | 14.4M | 191.0M | 91.0M |
| Intangible Assets | 262.0M | 262.0M | 205.0M | 139.0M | 70.9M |
| Long Term Deferred Expenses | 32.4M | 36.9M | 27.9M | 28.7M | 9.5M |
| Total Non Current Assets | 1.5B | 1.6B | 1.5B | 1.3B | 729.0M |
| Total Assets | 4.8B | 4.9B | 3.8B | 3.6B | 3.0B |
| Short Term Borrowings | 762.0M | 587.0M | 230.0M | 99.9M | 150.0M |
| Accounts Payable | 670.0M | 573.0M | 400.0M | 286.0M | 193.0M |
| Advance Receipts | -- | 27,500 | 27,500 | 102,500 | -- |
| Contract Liabilities | 62.5M | 6.4M | 5.5M | 5.7M | 2.9M |
| Total Current Liabilities | 1.8B | 1.3B | 829.0M | 562.0M | 485.0M |
| Long Term Borrowings | 9.8M | -- | 19.4M | -- | 20.0M |
| Total Non Current Liabilities | 181.0M | 216.0M | 211.0M | 169.0M | 141.0M |
| Total Liabilities | 1.9B | 1.5B | 1.0B | 731.0M | 626.0M |
| Paid In Capital | 232.0M | 165.0M | 99.9M | 71.4M | 70.5M |
| Capital Reserve | 3.2B | 3.2B | 2.4B | 2.4B | 2.1B |
| Surplus Reserve | 9.2M | 9.2M | 9.2M | 9.2M | 9.2M |
| Retained Earnings | -944.0M | -488.0M | -245.0M | -77.7M | 84.9M |
| Minority Equity | 282.0M | 362.0M | 402.0M | 390.0M | 147.0M |
| Equity Attributable | 2.6B | 3.0B | 2.3B | 2.5B | 2.3B |
| Total Equity | 2.8B | 3.4B | 2.7B | 2.9B | 2.4B |
| 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 | 372.0M | 222.0M | 420.0M | 503.0M | 193.0M |
| Tax Refunds Received | 40,100 | 6.1M | 10.0M | 11.2M | 10.6M |
| Total Operating Cash Inflow | 623.0M | 293.0M | 476.0M | 576.0M | 250.0M |
| Cash Paid For Goods | 256.0M | 413.0M | 438.0M | 411.0M | 248.0M |
| Cash Paid To Employees | 283.0M | 318.0M | 263.0M | 178.0M | 103.0M |
| Taxes Paid | 5.7M | 14.1M | 21.2M | 25.5M | 36.6M |
| Total Operating Cash Outflow | 641.0M | 853.0M | 808.0M | 697.0M | 480.0M |
| Operating Cash Flow | -18.6M | -561.0M | -332.0M | -121.0M | -230.0M |
| Total Investing Cash Inflow | 42.9M | 72.5M | 1.0B | 503.0M | 153.0M |
| Total Investing Cash Outflow | 63.0M | 827.0M | 1.0B | 1.1B | 365.0M |
| Investing Cash Flow | -20.1M | -755.0M | -3.6M | -593.0M | -212.0M |
| Cash From Borrowings | 860.0M | 632.0M | 300.0M | 95.8M | 175.0M |
| Dividends And Interest Paid | 20.3M | 11.7M | 6.4M | 4.9M | 8.3M |
| Debt Repayments | 668.0M | 275.0M | 167.0M | 152.0M | 110.0M |
| Total Financing Cash Inflow | 877.0M | 1.6B | 434.0M | 732.0M | 1.4B |
| Total Financing Cash Outflow | 715.0M | 358.0M | 287.0M | 179.0M | 234.0M |
| Financing Cash Flow | 162.0M | 1.3B | 148.0M | 553.0M | 1.2B |
| Net Change In Cash | 127.0M | -24.8M | -188.0M | -161.0M | 764.0M |
| Ending Cash Balance | 719.0M | 592.0M | 617.0M | 805.0M | 966.0M |
| Capex | 34.5M | 74.5M | 164.0M | 227.0M | 130.0M |