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 | 6.5B | 7.8B | 6.9B | 5.7B | 4.5B |
| Revenue Growth % | -17.3% | 13.4% | 22.1% | 25.2% | -- |
| Total Revenue | 6.5B | 7.8B | 6.9B | 5.7B | 4.5B |
| Cost Of Revenue | 5.0B | 6.2B | 5.5B | 4.9B | 4.1B |
| Gross Profit | 1.5B | 1.7B | 1.4B | 768.0M | 385.0M |
| Gross Margin % | 22.8% | 21.2% | 20.0% | 13.6% | 8.5% |
| Total Operating Cost | 6.9B | 8.5B | 7.8B | 7.0B | 6.4B |
| Selling Expenses | 325.0M | 364.0M | 365.0M | 377.0M | 333.0M |
| Admin Expenses | 177.0M | 180.0M | 192.0M | 187.0M | 140.0M |
| Rd Expenses | 1.2B | 1.4B | 1.3B | 1.3B | 1.4B |
| Finance Expenses | 2.6M | 3.9M | 20.0M | 122.0M | 156.0M |
| Operating Income | -188.0M | -356.0M | -644.0M | -1.2B | -1.7B |
| Operating Margin % | -2.9% | -4.5% | -9.3% | -20.6% | -38.6% |
| Non Operating Income | 6.3M | 19.4M | 3.5M | 8.4M | 4.0M |
| Non Operating Expenses | 3.2M | 6.2M | 3.9M | 12.1M | 6.5M |
| Investment Income | 37.5M | 42.6M | 33.4M | 25.4M | 13.8M |
| Fair Value Change Income | 5.0M | 1.8M | 4.6M | -- | -- |
| Asset Disposal Income | 1.1M | 634,000 | 248,800 | 684,100 | 28,200 |
| Asset Impairment Loss | 83.6M | 242.0M | 262.0M | 101.0M | 160.0M |
| Other Income | 145.0M | 218.0M | 157.0M | 158.0M | 137.0M |
| Income Before Tax | -184.0M | -342.0M | -645.0M | -1.2B | -1.8B |
| Income Tax | 88.5M | 8.5M | 16.9M | 1.5M | -95,900 |
| Net Income | -273.0M | -351.0M | -661.0M | -1.2B | -1.8B |
| Net Margin % | -4.2% | -4.5% | -9.6% | -20.7% | -38.7% |
| Net Income Attributable | -279.0M | -357.0M | -674.0M | -1.2B | -1.8B |
| Minority Interest | 5.7M | 6.4M | 12.5M | 9.5M | 1.4M |
| Eps Basic | -0.08 | -0.10 | -0.23 | -0.51 | -- |
| Eps Diluted | -0.08 | -0.10 | -0.23 | -0.51 | -- |
| 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 | 3.2B | 3.9B | 5.4B | 3.4B | 3.7B |
| Trading Financial Assets | 1.3B | 1.3B | 1.2B | -- | -- |
| Accounts Receivable | 5.2B | 5.5B | 4.6B | 4.3B | 3.7B |
| Notes Receivable | 260.0M | 251.0M | 263.0M | 182.0M | 116.0M |
| Notes And Accounts Receivable | 5.5B | 5.7B | 4.9B | 4.5B | 3.8B |
| Prepayments | 43.3M | 28.5M | 18.1M | 50.4M | 23.2M |
| Inventory | 1.6B | 2.1B | 2.2B | 1.5B | 1.4B |
| Total Current Assets | 11.9B | 13.4B | 14.2B | 9.7B | 9.2B |
| Long Term Equity Investment | -- | 7.4M | 10.6M | 11.6M | 71.4M |
| Fixed Assets | -- | 464.0M | 476.0M | 514.0M | 560.0M |
| Fixed Assets Total | 1.1B | 464.0M | 476.0M | 514.0M | 560.0M |
| Construction In Progress | -- | 15.2M | -- | -- | -- |
| Construction In Progress Total | 90.1M | 15.2M | -- | -- | -- |
| Intangible Assets | 207.0M | 142.0M | 148.0M | 156.0M | 75.2M |
| Long Term Deferred Expenses | 3.7M | 6.7M | 9.5M | 12.6M | 16.4M |
| Total Non Current Assets | 1.8B | 1.0B | 1.0B | 1.1B | 818.0M |
| Total Assets | 13.7B | 14.4B | 15.2B | 10.8B | 10.0B |
| Short Term Borrowings | 640.0M | 688.0M | 881.0M | 879.0M | 2.6B |
| Accounts Payable | 4.2B | 4.2B | 3.9B | 3.9B | 3.6B |
| Advance Receipts | 315,400 | 20,800 | -- | -- | -- |
| Contract Liabilities | 574.0M | 196.0M | 137.0M | 92.3M | 57.6M |
| Total Current Liabilities | 7.0B | 7.0B | 7.1B | 6.3B | 8.4B |
| Long Term Borrowings | -- | 400.0M | 790.0M | 497.0M | 298.0M |
| Total Non Current Liabilities | 350.0M | 719.0M | 1.1B | 847.0M | 537.0M |
| Total Liabilities | 7.3B | 7.8B | 8.2B | 7.2B | 8.9B |
| Paid In Capital | 3.4B | 3.4B | 3.4B | 2.7B | 1.9B |
| Capital Reserve | 11.8B | 11.8B | 11.8B | 8.5B | 5.8B |
| Surplus Reserve | 6.6M | 6.6M | 6.6M | 6.6M | 101.0M |
| Retained Earnings | -9.1B | -8.8B | -8.4B | -7.8B | -6.8B |
| Minority Equity | 117.0M | 111.0M | 110.0M | 97.1M | 87.6M |
| Equity Attributable | 6.3B | 6.6B | 6.9B | 3.5B | 1.0B |
| Total Equity | 6.4B | 6.7B | 7.0B | 3.6B | 1.1B |
| 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 | 7.5B | 7.7B | 7.2B | 6.9B | 4.9B |
| Tax Refunds Received | 4.8M | 10.5M | 11.5M | 20.4M | 170.0M |
| Total Operating Cash Inflow | 8.0B | 8.2B | 7.7B | 7.4B | 5.5B |
| Cash Paid For Goods | 5.0B | 6.3B | 5.9B | 6.5B | 4.2B |
| Cash Paid To Employees | 1.4B | 1.6B | 1.5B | 1.4B | 1.3B |
| Taxes Paid | 211.0M | 239.0M | 174.0M | 138.0M | 137.0M |
| Total Operating Cash Outflow | 7.3B | 9.0B | 8.3B | 8.9B | 6.4B |
| Operating Cash Flow | 703.0M | -842.0M | -612.0M | -1.5B | -880.0M |
| Total Investing Cash Inflow | 12.0B | 8.7B | 8.3B | 5.3B | 2.1B |
| Total Investing Cash Outflow | 12.8B | 8.9B | 9.5B | 5.5B | 2.2B |
| Investing Cash Flow | -832.0M | -157.0M | -1.2B | -227.0M | -111.0M |
| Cash From Borrowings | 250.0M | 300.0M | 1.4B | 1.8B | 4.1B |
| Dividends And Interest Paid | 43.5M | 55.7M | 51.3M | 114.0M | 156.0M |
| Debt Repayments | 651.0M | 692.0M | 1.5B | 3.4B | 3.8B |
| Total Financing Cash Inflow | 262.0M | 300.0M | 5.5B | 5.5B | 7.5B |
| Total Financing Cash Outflow | 743.0M | 817.0M | 1.7B | 4.1B | 4.1B |
| Financing Cash Flow | -481.0M | -517.0M | 3.8B | 1.4B | 3.4B |
| Net Change In Cash | -597.0M | -1.5B | 2.0B | -257.0M | 2.4B |
| Ending Cash Balance | 3.2B | 3.8B | 5.3B | 3.4B | 3.6B |
| Capex | 919.0M | 107.0M | 83.5M | 256.0M | 127.0M |