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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 143.0M | 448.0M | 169.0M | 613.0M | 403.0M | 507.0M | 364.0M | 196.0M |
| Revenue Growth % | -68.1% | 165.1% | -72.4% | 52.1% | -20.5% | 39.3% | 85.7% | -- |
| Total Revenue | 143.0M | 448.0M | 169.0M | 613.0M | 403.0M | 507.0M | 364.0M | 196.0M |
| Cost Of Revenue | 133.0M | 326.0M | 123.0M | 435.0M | 273.0M | 300.0M | 232.0M | 108.0M |
| Gross Profit | 10.0M | 122.0M | 46.0M | 178.0M | 130.0M | 207.0M | 132.0M | 88.0M |
| Gross Margin % | 7.0% | 27.2% | 27.2% | 29.0% | 32.3% | 40.8% | 36.3% | 44.9% |
| Total Operating Cost | 349.0M | 508.0M | 353.0M | 575.0M | 385.0M | 409.0M | 319.0M | 171.0M |
| Selling Expenses | 33.1M | 49.1M | 48.9M | 29.1M | 26.6M | 25.4M | 20.1M | 15.0M |
| Admin Expenses | 55.5M | 53.8M | 61.8M | 44.9M | 34.4M | 28.6M | 29.9M | 24.5M |
| Rd Expenses | 28.1M | 35.1M | 37.2M | 41.9M | 38.1M | 33.8M | 29.4M | 18.3M |
| Finance Expenses | 4.8M | 3.4M | -11.7M | -7.5M | 622,400 | 1.0M | -1.1M | -320,700 |
| Operating Income | -197.0M | -45.6M | -163.0M | 76.3M | 34.2M | 117.0M | 62.2M | 44.5M |
| Operating Margin % | -137.8% | -10.2% | -96.4% | 12.4% | 8.5% | 23.1% | 17.1% | 22.7% |
| Non Operating Income | 135,500 | 18,800 | 28,900 | 7.2M | 7,500 | 125,600 | 400,100 | 700.00 |
| Non Operating Expenses | 614,100 | 9.8M | 912,900 | 2.6M | 418,200 | 531,000 | 445,900 | 3.7M |
| Investment Income | -1.7M | 4.3M | 984,300 | 8.2M | -2.7M | 148,400 | 875,300 | -212,500 |
| Fair Value Change Income | 654,500 | -301,400 | 343,400 | -- | -- | -- | -- | -- |
| Asset Disposal Income | 983,800 | 1.2M | -17,400 | -1,900 | -- | -- | -- | -- |
| Asset Impairment Loss | 16.6M | 3.3M | 28.1M | 1.4M | 48,400 | -- | 7.7M | 3.3M |
| Other Income | 9.1M | 9.0M | 19.8M | 30.4M | 18.9M | 18.2M | 15.6M | 19.5M |
| Income Before Tax | -197.0M | -55.4M | -164.0M | 80.9M | 33.8M | 117.0M | 62.1M | 40.8M |
| Income Tax | -2.6M | -9.0M | -23.4M | 9.0M | 578,100 | 14.7M | 7.7M | 5.7M |
| Net Income | -195.0M | -46.4M | -141.0M | 72.0M | 33.2M | 102.0M | 54.4M | 35.1M |
| Net Margin % | -136.4% | -10.4% | -83.4% | 11.7% | 8.2% | 20.1% | 14.9% | 17.9% |
| Net Income Attributable | -193.0M | -47.9M | -140.0M | 69.9M | 34.9M | 102.0M | 54.7M | 35.1M |
| Minority Interest | -1.4M | 1.5M | -789,200 | 2.0M | -1.6M | 88,800 | -298,100 | -41,600 |
| Eps Basic | -1.08 | -0.26 | -0.75 | 0.39 | 0.25 | 0.74 | -- | -- |
| Eps Diluted | -1.08 | -0.26 | -0.75 | 0.39 | 0.25 | 0.74 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 181.0M | 299.0M | 184.0M | 786.0M | 180.0M | 146.0M | 117.0M | 66.4M |
| Trading Financial Assets | 40.7M | 80.0M | 118.0M | -- | -- | -- | -- | -- |
| Accounts Receivable | 334.0M | 405.0M | 389.0M | 437.0M | 315.0M | 350.0M | 113.0M | 33.4M |
| Notes Receivable | 17.7M | 2.8M | 920,000 | 3.0M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 352.0M | 408.0M | 389.0M | 440.0M | 315.0M | 350.0M | 113.0M | 33.4M |
| Prepayments | 6.1M | 10.9M | 13.9M | 26.4M | 5.7M | 21.3M | 10.2M | 2.5M |
| Inventory | 47.8M | 98.0M | 262.0M | 222.0M | 156.0M | 70.0M | 36.0M | 60.0M |
| Total Current Assets | 955.0M | 1.2B | 1.3B | 1.7B | 828.0M | 704.0M | 325.0M | 327.0M |
| Long Term Equity Investment | 27.3M | 26.8M | 25.2M | 19.2M | 20.9M | 22.7M | 3.4M | 1.7M |
| Fixed Assets | -- | 16.1M | 18.5M | 16.5M | 17.1M | 15.6M | 18.3M | 20.6M |
| Fixed Assets Total | 269.0M | 16.1M | 18.5M | 16.5M | 17.1M | 15.6M | 18.3M | 20.6M |
| Construction In Progress | -- | 243.0M | 242.0M | 344,400 | 344,400 | 330,000 | 685,700 | 461,700 |
| Construction In Progress Total | 3.3M | 243.0M | 242.0M | 344,400 | 344,400 | 330,000 | 685,700 | 461,700 |
| Intangible Assets | 6.4M | 6.4M | 9.2M | 9.5M | 3.5M | 3.5M | 3.7M | 1.7M |
| Long Term Deferred Expenses | 1.5M | 5.4M | 6.9M | 4.5M | 1.3M | 1.6M | 1.5M | 928,300 |
| Total Non Current Assets | 566.0M | 692.0M | 614.0M | 391.0M | 264.0M | 244.0M | 167.0M | 46.7M |
| Total Assets | 1.5B | 1.9B | 1.9B | 2.1B | 1.1B | 948.0M | 491.0M | 374.0M |
| Short Term Borrowings | 303.0M | 335.0M | 221.0M | 68.1M | 148.0M | 125.0M | 67.7M | -- |
| Accounts Payable | 159.0M | 233.0M | 249.0M | 467.0M | 246.0M | 120.0M | 39.6M | 45.6M |
| Advance Receipts | -- | -- | -- | 32,600 | -- | 19.9M | 9.8M | 32.3M |
| Contract Liabilities | 14.0M | 41.2M | 16.1M | 18.3M | 55.2M | -- | -- | -- |
| Total Current Liabilities | 535.0M | 692.0M | 610.0M | 680.0M | 556.0M | 440.0M | 176.0M | 132.0M |
| Long Term Borrowings | 56.6M | 40.6M | 4.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 75.3M | 74.6M | 43.6M | 39.4M | 22.6M | 27.8M | 18.8M | 2.6M |
| Total Liabilities | 610.0M | 767.0M | 653.0M | 719.0M | 578.0M | 468.0M | 195.0M | 134.0M |
| Paid In Capital | 185.0M | 188.0M | 188.0M | 187.0M | 140.0M | 140.0M | 56.3M | 56.3M |
| Capital Reserve | 971.0M | 999.0M | 1.0B | 994.0M | 220.0M | 220.0M | 129.0M | 126.0M |
| Surplus Reserve | 28.4M | 28.4M | 28.4M | 28.4M | 20.0M | 15.2M | 10.6M | 5.2M |
| Retained Earnings | -222.0M | -28.8M | 19.0M | 168.0M | 122.0M | 92.2M | 100.0M | 50.8M |
| Minority Equity | 19.2M | 22.9M | 17.9M | 11.6M | 10.8M | 11.9M | 159,800 | 457,900 |
| Equity Attributable | 892.0M | 1.1B | 1.2B | 1.4B | 503.0M | 468.0M | 296.0M | 239.0M |
| Total Equity | 911.0M | 1.1B | 1.2B | 1.4B | 514.0M | 480.0M | 296.0M | 239.0M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 246.0M | 339.0M | 287.0M | 325.0M | 476.0M | 219.0M | 151.0M | 211.0M |
| Tax Refunds Received | 7.4M | 100.00 | 903,900 | 7.7M | 851,400 | 734,600 | 1.3M | 10.4M |
| Total Operating Cash Inflow | 268.0M | 355.0M | 319.0M | 398.0M | 539.0M | 252.0M | 174.0M | 245.0M |
| Cash Paid For Goods | 205.0M | 236.0M | 445.0M | 303.0M | 339.0M | 215.0M | 218.0M | 113.0M |
| Cash Paid To Employees | 71.8M | 94.3M | 96.3M | 81.2M | 61.2M | 59.5M | 50.3M | 36.0M |
| Taxes Paid | 14.6M | 25.6M | 42.5M | 51.0M | 29.1M | 10.1M | 24.5M | 19.1M |
| Total Operating Cash Outflow | 329.0M | 396.0M | 633.0M | 500.0M | 469.0M | 357.0M | 341.0M | 209.0M |
| Operating Cash Flow | -61.1M | -41.3M | -314.0M | -102.0M | 69.9M | -104.0M | -166.0M | 35.8M |
| Total Investing Cash Inflow | 446.0M | 611.0M | 348.0M | 1.3B | 456,500 | 3,500 | 152.0M | 104.0M |
| Total Investing Cash Outflow | 425.0M | 570.0M | 750.0M | 1.3B | 22.0M | 21.6M | 8.9M | 267.0M |
| Investing Cash Flow | 20.9M | 41.4M | -402.0M | -9.1M | -21.6M | -21.6M | 143.0M | -162.0M |
| Cash From Borrowings | 339.0M | 428.0M | 236.0M | 136.0M | 177.0M | 125.0M | 80.0M | 15.0M |
| Dividends And Interest Paid | 15.7M | 11.9M | 11.6M | 19.2M | 6.8M | 4.5M | 691,100 | 352,600 |
| Debt Repayments | 344.0M | 271.0M | 78.2M | 215.0M | 154.0M | 67.7M | 12.2M | 20.0M |
| Total Financing Cash Inflow | 339.0M | 432.0M | 247.0M | 972.0M | 177.0M | 206.0M | 80.2M | 158.0M |
| Total Financing Cash Outflow | 401.0M | 334.0M | 132.0M | 255.0M | 163.0M | 72.2M | 14.1M | 42.7M |
| Financing Cash Flow | -62.3M | 97.3M | 115.0M | 717.0M | 14.3M | 134.0M | 66.0M | 115.0M |
| Net Change In Cash | -103.0M | 97.4M | -601.0M | 606.0M | 62.6M | 8.4M | 43.1M | -11.7M |
| Ending Cash Balance | 170.0M | 273.0M | 176.0M | 777.0M | 172.0M | 109.0M | 101.0M | 57.5M |
| Capex | 24.0M | 9.7M | 273.0M | 17.8M | 9.3M | 2.1M | 5.9M | 7.8M |