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 | 711.0M | 1.7B | 2.4B | 712.0M | 438.0M |
| Revenue Growth % | -58.9% | -27.7% | 236.4% | 62.6% | -- |
| Total Revenue | 711.0M | 1.7B | 2.4B | 712.0M | 438.0M |
| Cost Of Revenue | 775.0M | 1.3B | 1.8B | 369.0M | 135.0M |
| Gross Profit | -64.0M | 463.0M | 556.0M | 343.0M | 303.0M |
| Gross Margin % | -9.0% | 26.7% | 23.2% | 48.2% | 69.2% |
| Total Operating Cost | 1.5B | 1.6B | 2.1B | 635.0M | 284.0M |
| Selling Expenses | 21.6M | 17.9M | 14.4M | 16.3M | 11.5M |
| Admin Expenses | 76.3M | 114.0M | 95.7M | 74.1M | 35.6M |
| Rd Expenses | 231.0M | 163.0M | 120.0M | 107.0M | 80.6M |
| Finance Expenses | 26.6M | -5.3M | 4.8M | 5.6M | 1.4M |
| Operating Income | -777.0M | 184.0M | 330.0M | 98.6M | 161.0M |
| Operating Margin % | -109.3% | 10.6% | 13.8% | 13.8% | 36.8% |
| Non Operating Income | 767,300 | 11.0M | 5.4M | 834,100 | 520,500 |
| Non Operating Expenses | 2.6M | 2.2M | 1.5M | 1.3M | 994,200 |
| Investment Income | -42.0M | 11.4M | 5.3M | 2.3M | 2.7M |
| Fair Value Change Income | -196,600 | 3.0M | 1.7M | 63,000 | -173,200 |
| Asset Disposal Income | -241,600 | -223,300 | -150,900 | -60,500 | -592,600 |
| Asset Impairment Loss | 341.0M | 24.6M | 19.7M | 41.6M | 9.1M |
| Other Income | 27.1M | 35.4M | 23.6M | 19.0M | 4.9M |
| Income Before Tax | -779.0M | 193.0M | 334.0M | 98.1M | 161.0M |
| Income Tax | -130.0M | 15.6M | 40.9M | 7.4M | 19.2M |
| Net Income | -649.0M | 177.0M | 293.0M | 90.8M | 142.0M |
| Net Margin % | -91.3% | 10.2% | 12.2% | 12.7% | 32.4% |
| Net Income Attributable | -649.0M | 177.0M | 293.0M | 90.8M | 142.0M |
| Minority Interest | -73,800 | 20,600 | -45,900 | -200.00 | -400.00 |
| Eps Basic | -1.63 | 0.47 | 0.81 | 0.26 | 0.40 |
| Eps Diluted | -1.63 | 0.47 | 0.81 | 0.26 | 0.40 |
| 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 | 504.0M | 1.1B | 96.1M | 90.6M | 16.9M |
| Trading Financial Assets | 437.0M | 387.0M | 594.0M | 184.0M | 156.0M |
| Accounts Receivable | 149.0M | 222.0M | 140.0M | 140.0M | 128.0M |
| Notes Receivable | 159.0M | 168.0M | 312.0M | 171.0M | 72.0M |
| Notes And Accounts Receivable | 308.0M | 390.0M | 453.0M | 312.0M | 200.0M |
| Prepayments | 19.7M | 68.7M | 68.3M | 19.9M | 17.2M |
| Inventory | 158.0M | 181.0M | 234.0M | 399.0M | 171.0M |
| Total Current Assets | 1.6B | 2.3B | 1.5B | 1.1B | 590.0M |
| Long Term Equity Investment | 262,000 | 312,800 | 324,400 | 286,700 | 254,000 |
| Fixed Assets | -- | 772.0M | 770.0M | 828.0M | 106.0M |
| Fixed Assets Total | 1.4B | 772.0M | 770.0M | 828.0M | 106.0M |
| Construction In Progress | -- | 90.8M | 42.2M | 5.6M | 43.0M |
| Construction In Progress Total | 51.1M | 90.8M | 42.2M | 5.6M | 43.0M |
| Intangible Assets | 51.7M | 17.2M | 17.8M | 18.5M | 19.3M |
| Long Term Deferred Expenses | 120.0M | 5.0M | 1.3M | 278,900 | -- |
| Total Non Current Assets | 3.3B | 1.1B | 854.0M | 873.0M | 203.0M |
| Total Assets | 4.9B | 3.4B | 2.4B | 2.0B | 793.0M |
| Short Term Borrowings | 449.0M | 235.0M | -- | -- | 3.5M |
| Accounts Payable | 508.0M | 158.0M | 181.0M | 300.0M | 53.7M |
| Advance Receipts | 2,100 | -- | 17,900 | -- | -- |
| Contract Liabilities | 45.1M | 49.3M | 124.0M | 209.0M | 128.0M |
| Total Current Liabilities | 1.5B | 928.0M | 966.0M | 819.0M | 286.0M |
| Long Term Borrowings | 82.7M | 79.7M | -- | 131.0M | -- |
| Total Non Current Liabilities | 1.8B | 172.0M | 60.6M | 142.0M | 11.5M |
| Total Liabilities | 3.2B | 1.1B | 1.0B | 962.0M | 298.0M |
| Paid In Capital | 400.0M | 400.0M | 360.0M | 360.0M | 57.8M |
| Capital Reserve | 1.3B | 1.2B | 470.0M | 412.0M | 268.0M |
| Surplus Reserve | 73.0M | 73.0M | 55.4M | 26.4M | 17.3M |
| Retained Earnings | -20.9M | 646.0M | 487.0M | 223.0M | 151.0M |
| Minority Equity | 3.2M | 3.2M | 2.2M | -- | 199,600 |
| Equity Attributable | 1.7B | 2.3B | 1.4B | 1.0B | 495.0M |
| Total Equity | 1.7B | 2.3B | 1.4B | 1.0B | 495.0M |
| 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 | 596.0M | 1.1B | 1.3B | 240.0M | 307.0M |
| Tax Refunds Received | 11.7M | 9.7M | 26.6M | 24.3M | -- |
| Total Operating Cash Inflow | 663.0M | 1.2B | 1.4B | 280.0M | 322.0M |
| Cash Paid For Goods | 673.0M | 948.0M | 438.0M | 268.0M | 97.7M |
| Cash Paid To Employees | 272.0M | 263.0M | 220.0M | 126.0M | 65.0M |
| Taxes Paid | 19.9M | 111.0M | 50.5M | 32.8M | 32.7M |
| Total Operating Cash Outflow | 1.1B | 1.4B | 803.0M | 512.0M | 221.0M |
| Operating Cash Flow | -388.0M | -178.0M | 614.0M | -232.0M | 101.0M |
| Total Investing Cash Inflow | 2.5B | 2.6B | 2.0B | 1.2B | 1.0B |
| Total Investing Cash Outflow | 2.5B | 3.0B | 2.5B | 1.5B | 1.1B |
| Investing Cash Flow | -31.4M | -345.0M | -457.0M | -287.0M | -114.0M |
| Cash From Borrowings | 563.0M | 335.0M | 19.4M | 202.0M | 17.7M |
| Dividends And Interest Paid | 31.3M | 79,600 | 8.3M | 14.2M | 206,700 |
| Debt Repayments | 255.0M | -- | 150.0M | 50.0M | -- |
| Total Financing Cash Inflow | 563.0M | 1.1B | 21.6M | 802.0M | 17.9M |
| Total Financing Cash Outflow | 323.0M | 32.6M | 160.0M | 267.0M | 206,700 |
| Financing Cash Flow | 240.0M | 1.0B | -138.0M | 535.0M | 17.7M |
| Net Change In Cash | -179.0M | 506.0M | 17.9M | 15.1M | 4.0M |
| Ending Cash Balance | 369.0M | 548.0M | 42.0M | 24.0M | 9.0M |
| Capex | 351.0M | 65.8M | 68.0M | 253.0M | 60.7M |