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 | 11.7B | 16.4B | 11.6B | 3.5B | 1.1B | 2.5B | 2.3B | 1.3B | 469.0M |
| Revenue Growth % | -28.9% | 41.8% | 231.1% | 212.5% | -54.3% | 7.6% | 70.0% | 185.5% | -- |
| Total Revenue | 11.7B | 16.4B | 11.6B | 3.5B | 1.1B | 2.5B | 2.3B | 1.3B | 469.0M |
| Cost Of Revenue | 10.4B | 15.8B | 10.7B | 3.6B | 941.0M | 1.9B | 2.1B | 1.1B | 381.0M |
| Gross Profit | 1.3B | 676.0M | 870.0M | -117.0M | 179.0M | 576.0M | 127.0M | 221.0M | 88.0M |
| Gross Margin % | 11.3% | 4.1% | 7.5% | -3.3% | 16.0% | 23.5% | 5.6% | 16.5% | 18.8% |
| Total Operating Cost | 12.2B | 18.1B | 12.8B | 5.0B | 1.8B | 2.5B | 2.5B | 1.3B | 468.0M |
| Selling Expenses | 173.0M | 215.0M | 486.0M | 149.0M | 86.8M | 125.0M | 101.0M | 70.7M | 19.7M |
| Admin Expenses | 584.0M | 580.0M | 565.0M | 365.0M | 265.0M | 165.0M | 84.1M | 48.4M | 36.5M |
| Rd Expenses | 582.0M | 749.0M | 598.0M | 542.0M | 372.0M | 271.0M | 113.0M | 47.4M | 26.7M |
| Finance Expenses | 262.0M | 107.0M | 99.4M | 47.4M | -25.1M | -17.6M | -2,300 | 13.4M | -255,000 |
| Operating Income | -394.0M | -2.1B | -1.1B | -1.1B | -413.0M | 138.0M | -109.0M | 19.3M | 686,700 |
| Operating Margin % | -3.4% | -13.0% | -9.9% | -32.0% | -36.9% | 5.6% | -4.8% | 1.4% | 0.1% |
| Non Operating Income | 5.7M | 13.3M | 2.3M | 2.8M | 5.3M | 4.7M | 7.2M | 770,000 | 7.1M |
| Non Operating Expenses | 59.5M | 7.6M | 1.4M | 741,800 | 1.7M | 601,000 | 339,400 | 165,100 | 195,000 |
| Investment Income | 21.3M | -211.0M | 9.0M | 33.4M | 38.3M | 131.0M | 134.0M | 316,400 | -- |
| Fair Value Change Income | -82.2M | -257.0M | -62.1M | 304.0M | 1.0M | 228,600 | -- | -- | -- |
| Asset Disposal Income | 7,200 | -25.8M | 257,300 | -7.4M | 1,700 | -1.3M | -5.6M | -- | -- |
| Asset Impairment Loss | 171.0M | 636.0M | 311.0M | 181.0M | 116.0M | 19.0M | 67.4M | 32.7M | 2.4M |
| Other Income | 172.0M | 45.3M | 140.0M | 41.9M | 231.0M | 11.8M | 6.9M | 12.3M | -- |
| Income Before Tax | -448.0M | -2.1B | -1.1B | -1.1B | -409.0M | 142.0M | -102.0M | 19.9M | 7.6M |
| Income Tax | -116.0M | -266.0M | -222.0M | -165.0M | -78.2M | 11.1M | -24.1M | 1.6M | 285,500 |
| Net Income | -332.0M | -1.9B | -927.0M | -953.0M | -331.0M | 131.0M | -78.2M | 18.3M | 7.3M |
| Net Margin % | -2.8% | -11.4% | -8.0% | -27.2% | -29.6% | 5.3% | -3.4% | 1.4% | 1.6% |
| Net Income Attributable | -332.0M | -1.9B | -927.0M | -953.0M | -331.0M | 131.0M | -78.2M | 18.3M | 7.3M |
| Minority Interest | -- | -- | -- | -27,600 | -- | -- | -- | -- | -- |
| Eps Basic | -0.27 | -1.53 | -0.86 | -0.89 | -0.35 | 0.15 | -0.11 | 0.05 | 0.02 |
| Eps Diluted | -0.27 | -1.53 | -0.86 | -0.89 | -0.35 | 0.15 | -0.11 | 0.05 | 0.02 |
| 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 | 6.2B | 11.3B | 11.3B | 5.0B | 5.7B | 4.6B | 5.3B | 222.0M | 328.0M |
| Trading Financial Assets | 84.5M | 137.0M | 122.0M | 599.0M | 119.0M | 26.4M | -- | -- | -- |
| Accounts Receivable | 2.7B | 3.7B | 1.5B | 1.5B | 722.0M | 1.3B | 615.0M | 369.0M | 238.0M |
| Notes Receivable | 39.9M | 163.0M | 392.0M | 244.0M | 502.0M | -- | 1.0B | 212.0M | 8.8M |
| Notes And Accounts Receivable | 2.7B | 3.8B | 1.9B | 1.7B | 1.2B | 1.3B | 1.6B | 581.0M | 247.0M |
| Prepayments | 59.8M | 154.0M | 380.0M | 371.0M | 48.8M | 65.2M | 28.4M | 15.3M | 20.8M |
| Inventory | 2.7B | 3.6B | 7.3B | 2.9B | 1.3B | 742.0M | 415.0M | 438.0M | 183.0M |
| Total Current Assets | 12.9B | 19.7B | 21.7B | 11.5B | 9.0B | 7.1B | 7.4B | 1.3B | 787.0M |
| Long Term Equity Investment | 307.0M | 40.5M | 222.0M | 31.0M | 5.2M | 3.9M | 4.8M | 4.1M | 4.1M |
| Fixed Assets | -- | 7.8B | 7.6B | 6.3B | 3.4B | 1.8B | 759.0M | 481.0M | -- |
| Fixed Assets Total | 8.3B | 7.8B | 7.6B | 6.3B | 3.4B | 1.8B | 759.0M | 481.0M | 162.0M |
| Construction In Progress | -- | 520.0M | 620.0M | 1.3B | 2.0B | 910.0M | 76.3M | 96.1M | 157.0M |
| Construction In Progress Total | 2.9B | 520.0M | 620.0M | 1.3B | 2.0B | 910.0M | 76.3M | 96.1M | 157.0M |
| Intangible Assets | 625.0M | 365.0M | 334.0M | 331.0M | 314.0M | 317.0M | 252.0M | 197.0M | 132.0M |
| Long Term Deferred Expenses | 89.3M | 103.0M | 50.5M | 26.7M | 4.4M | 1.8M | -- | -- | -- |
| Total Non Current Assets | 13.7B | 10.4B | 10.4B | 9.5B | 6.5B | 4.6B | 1.4B | 828.0M | 541.0M |
| Total Assets | 26.6B | 30.1B | 32.1B | 20.9B | 15.4B | 11.7B | 8.8B | 2.1B | 1.3B |
| Short Term Borrowings | 1.9B | 1.9B | 2.1B | -- | -- | -- | -- | 229.0M | 20.0M |
| Accounts Payable | 2.1B | 3.7B | 3.5B | 2.2B | 403.0M | 247.0M | 407.0M | 293.0M | 149.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.8M | 7.3M | 1.1M | 816,800 |
| Contract Liabilities | 271.0M | 72.0M | 107.0M | 955.0M | 50.9M | -- | -- | -- | -- |
| Total Current Liabilities | 11.4B | 15.5B | 17.2B | 8.7B | 3.0B | 3.5B | 2.0B | 1.3B | 361.0M |
| Long Term Borrowings | 820.0M | 1.2B | 1.9B | 2.2B | 1.7B | 613.0M | -- | 304.0M | 388.0M |
| Total Non Current Liabilities | 5.4B | 4.3B | 2.9B | 3.0B | 2.3B | 1.1B | 261.0M | 447.0M | 654.0M |
| Total Liabilities | 16.7B | 19.8B | 20.1B | 11.7B | 5.3B | 4.6B | 2.2B | 1.7B | 1.0B |
| Paid In Capital | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B | 857.0M | 841.0M | 415.0M | 344.0M |
| Capital Reserve | 12.9B | 13.1B | 12.9B | 9.4B | 9.2B | 6.1B | 5.9B | 12.7M | 9.9M |
| Surplus Reserve | 24.9M | 24.9M | 24.9M | 24.9M | 24.9M | 24.9M | -- | -- | -- |
| Retained Earnings | -4.3B | -4.0B | -2.1B | -1.2B | -215.0M | 116.0M | -100.0M | -22.2M | -40.5M |
| Minority Equity | -- | -- | -- | -27,600 | -- | -- | -- | -- | -- |
| Equity Attributable | 9.9B | 10.4B | 12.0B | 9.3B | 10.1B | 7.1B | 6.6B | 405.0M | 314.0M |
| Total Equity | 9.9B | 10.4B | 12.0B | 9.3B | 10.1B | 7.1B | 6.6B | 405.0M | 314.0M |
| 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 | 11.1B | 15.2B | 10.4B | 3.9B | 1.2B | 2.9B | 1.6B | 1.2B | 368.0M |
| Tax Refunds Received | 648.0M | 1.0B | 1.2B | 45.8M | 27.4M | 25.2M | 5.5M | 6.8M | 8.2M |
| Total Operating Cash Inflow | 13.1B | 18.7B | 12.7B | 4.5B | 1.9B | 3.3B | 1.7B | 1.3B | 465.0M |
| Cash Paid For Goods | 10.4B | 15.7B | 7.8B | 2.0B | 1.7B | 2.3B | 1.9B | 1.1B | 408.0M |
| Cash Paid To Employees | 1.3B | 1.3B | 1.2B | 712.0M | 525.0M | 354.0M | 205.0M | 128.0M | 61.7M |
| Taxes Paid | 118.0M | 115.0M | 36.8M | 13.4M | 40.8M | 7.8M | 8.1M | 7.6M | 4.9M |
| Total Operating Cash Outflow | 12.2B | 18.0B | 14.4B | 4.2B | 2.8B | 2.8B | 2.2B | 1.4B | 503.0M |
| Operating Cash Flow | 909.0M | 664.0M | -1.7B | 233.0M | -944.0M | 484.0M | -438.0M | -148.0M | -38.1M |
| Total Investing Cash Inflow | 100.0M | 603.0M | 2.8B | 10.5B | 4.7B | 12.4B | 11.1B | 50.3M | -- |
| Total Investing Cash Outflow | 1.9B | 2.1B | 3.8B | 14.3B | 5.5B | 11.8B | 16.1B | 259.0M | 346.0M |
| Investing Cash Flow | -1.8B | -1.5B | -963.0M | -3.9B | -757.0M | 592.0M | -4.9B | -208.0M | -346.0M |
| Cash From Borrowings | 4.2B | 5.7B | 2.8B | 1.1B | 1.1B | 623.0M | -- | 279.0M | 440.0M |
| Dividends And Interest Paid | 107.0M | 201.0M | 190.0M | 93.8M | 16.2M | 24.9M | 29.6M | 32.8M | 8.7M |
| Debt Repayments | 5.2B | 4.5B | 772.0M | 80.7M | 10.7M | 304.0M | 313.0M | 101.0M | -- |
| Total Financing Cash Inflow | 4.2B | 5.8B | 6.1B | 1.1B | 4.5B | 995.0M | 6.5B | 319.0M | 906.0M |
| Total Financing Cash Outflow | 5.4B | 4.8B | 989.0M | 186.0M | 262.0M | 659.0M | 700.0M | 190.0M | 246.0M |
| Financing Cash Flow | -1.2B | 1.0B | 5.2B | 889.0M | 4.3B | 336.0M | 5.8B | 129.0M | 660.0M |
| Net Change In Cash | -2.0B | 210.0M | 2.5B | -2.8B | 2.5B | 1.4B | 400.0M | -227.0M | 275.0M |
| Ending Cash Balance | 2.4B | 4.4B | 4.2B | 1.7B | 4.5B | 1.9B | 495.0M | 94.8M | 322.0M |
| Capex | 1.6B | 1.1B | 1.9B | 2.3B | 2.1B | 1.8B | 406.0M | 194.0M | 342.0M |