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 | 1.6B | 1.5B | 447.0M | 962.0M | 2.6B |
| Revenue Growth % | 1.4% | 245.4% | -53.5% | -62.7% | -- |
| Total Revenue | 1.6B | 1.5B | 447.0M | 962.0M | 2.6B |
| Cost Of Revenue | 1.4B | 1.4B | 423.0M | 817.0M | 2.1B |
| Gross Profit | 149.0M | 165.0M | 24.0M | 145.0M | 438.0M |
| Gross Margin % | 9.5% | 10.7% | 5.4% | 15.1% | 17.0% |
| Total Operating Cost | 1.6B | 1.5B | 604.0M | 992.0M | 2.3B |
| Selling Expenses | 35.8M | 27.4M | 34.9M | 39.5M | 41.7M |
| Admin Expenses | 52.3M | 40.6M | 37.9M | 30.3M | 47.7M |
| Rd Expenses | 104.0M | 81.1M | 88.5M | 81.2M | 68.8M |
| Finance Expenses | 11.7M | 1.5M | -10.4M | 13.8M | 28.2M |
| Operating Income | -37.3M | 33.5M | -121.0M | -8.0M | 248.0M |
| Operating Margin % | -2.4% | 2.2% | -27.1% | -0.8% | 9.6% |
| Non Operating Income | 722,300 | 5.2M | 8.7M | 8.8M | 2.9M |
| Non Operating Expenses | 2.1M | 238,200 | 1.5M | 317,500 | 1.1M |
| Investment Income | 2.0M | 12.3M | 14.1M | -- | -- |
| Fair Value Change Income | 13.8M | 807,700 | 828,100 | 191,800 | -- |
| Asset Disposal Income | 3.6M | 14,900 | -- | -- | -- |
| Asset Impairment Loss | 20.0M | 9.5M | 30.7M | 4.9M | 3.3M |
| Other Income | 23.1M | 17.7M | 21.0M | 21.7M | 12.1M |
| Income Before Tax | -38.7M | 38.5M | -113.0M | 462,500 | 249.0M |
| Income Tax | -15.2M | -5.6M | -25.1M | -10.0M | 31.1M |
| Net Income | -23.5M | 44.1M | -88.2M | 10.5M | 218.0M |
| Net Margin % | -1.5% | 2.9% | -19.7% | 1.1% | 8.5% |
| Net Income Attributable | -26.2M | 42.3M | -87.3M | 10.4M | 218.0M |
| Minority Interest | 2.7M | 1.8M | -950,800 | 89,100 | -34,400 |
| Eps Basic | -0.22 | 0.35 | -1.01 | 0.15 | 3.57 |
| Eps Diluted | -0.22 | 0.35 | -1.01 | 0.15 | 3.57 |
| 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 | 140.0M | 132.0M | 495.0M | 848.0M | 68.9M |
| Trading Financial Assets | 477.0M | 536.0M | 436.0M | 380.0M | -- |
| Accounts Receivable | 595.0M | 442.0M | 266.0M | 489.0M | 672.0M |
| Notes Receivable | 84.4M | 160.0M | 37.3M | 48.4M | 233.0M |
| Notes And Accounts Receivable | 679.0M | 602.0M | 303.0M | 538.0M | 905.0M |
| Prepayments | 13.9M | 64.2M | 23.9M | 8.0M | 4.8M |
| Inventory | 360.0M | 363.0M | 249.0M | 150.0M | 209.0M |
| Total Current Assets | 1.8B | 1.9B | 1.6B | 2.0B | 1.3B |
| Long Term Equity Investment | 2.8M | -- | -- | -- | -- |
| Fixed Assets | -- | 454.0M | 155.0M | 155.0M | 142.0M |
| Fixed Assets Total | 595.0M | 454.0M | 155.0M | 155.0M | 142.0M |
| Construction In Progress | -- | 98.6M | 239.0M | 73.5M | 16.6M |
| Construction In Progress Total | 137.0M | 98.6M | 239.0M | 73.5M | 16.6M |
| Intangible Assets | 105.0M | 80.2M | 84.3M | 36.8M | 36.3M |
| Long Term Deferred Expenses | 11.6M | 8.7M | 3.1M | 1.3M | 252,400 |
| Total Non Current Assets | 1.1B | 736.0M | 573.0M | 335.0M | 208.0M |
| Total Assets | 2.9B | 2.6B | 2.1B | 2.3B | 1.5B |
| Short Term Borrowings | 440.0M | 214.0M | -- | 95.1M | 419.0M |
| Accounts Payable | 203.0M | 186.0M | 91.7M | 75.4M | 82.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 10.1M | 6.8M | 1.3M | 827,700 | 6.1M |
| Total Current Liabilities | 974.0M | 698.0M | 212.0M | 234.0M | 862.0M |
| Long Term Borrowings | -- | -- | 20.0M | 20.0M | -- |
| Total Non Current Liabilities | 57.0M | 56.3M | 51.6M | 68.5M | 71.0M |
| Total Liabilities | 1.0B | 754.0M | 264.0M | 303.0M | 933.0M |
| Paid In Capital | 120.0M | 120.0M | 86.0M | 86.0M | 64.5M |
| Capital Reserve | 1.6B | 1.7B | 1.7B | 1.7B | 302.0M |
| Surplus Reserve | 26.0M | 26.0M | 22.0M | 22.0M | 20.6M |
| Retained Earnings | 81.3M | 107.0M | 69.2M | 182.0M | 173.0M |
| Minority Equity | 19.3M | 7.8M | 6.0M | 7.0M | 6.9M |
| Equity Attributable | 1.8B | 1.9B | 1.9B | 2.0B | 560.0M |
| Total Equity | 1.8B | 1.9B | 1.9B | 2.0B | 567.0M |
| 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 | 939.0M | 900.0M | 522.0M | 962.0M | 1.7B |
| Tax Refunds Received | 17.6M | -- | 29.7M | 13,400 | -- |
| Total Operating Cash Inflow | 978.0M | 961.0M | 603.0M | 999.0M | 1.8B |
| Cash Paid For Goods | 953.0M | 1.1B | 494.0M | 609.0M | 1.9B |
| Cash Paid To Employees | 103.0M | 93.9M | 85.6M | 73.8M | 60.4M |
| Taxes Paid | 9.1M | 27.3M | 6.2M | 42.5M | 58.4M |
| Total Operating Cash Outflow | 1.1B | 1.3B | 657.0M | 792.0M | 2.1B |
| Operating Cash Flow | -157.0M | -361.0M | -53.8M | 207.0M | -306.0M |
| Total Investing Cash Inflow | 496.0M | 1.9B | 3.1B | 54,400 | 31,700 |
| Total Investing Cash Outflow | 525.0M | 2.1B | 3.3B | 479.0M | 58.2M |
| Investing Cash Flow | -29.3M | -197.0M | -192.0M | -479.0M | -58.1M |
| Cash From Borrowings | 440.0M | 224.0M | 70.0M | 374.0M | 1.3B |
| Dividends And Interest Paid | 8.2M | 3.0M | 28.6M | 16.2M | 20.7M |
| Debt Repayments | 234.0M | 10.0M | 165.0M | 675.0M | 1.0B |
| Total Financing Cash Inflow | 443.0M | 224.0M | 70.0M | 1.8B | 1.5B |
| Total Financing Cash Outflow | 275.0M | 35.2M | 200.0M | 758.0M | 1.1B |
| Financing Cash Flow | 167.0M | 189.0M | -130.0M | 1.1B | 340.0M |
| Net Change In Cash | -19.0M | -369.0M | -375.0M | 779.0M | -24.9M |
| Ending Cash Balance | 85.1M | 104.0M | 473.0M | 848.0M | 68.7M |
| Capex | 135.0M | 69.9M | 151.0M | 98.8M | 58.2M |