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 | 3.8B | 3.1B | 3.2B | 2.0B | 1.5B |
| Revenue Growth % | 24.6% | -4.8% | 65.1% | 34.1% | -- |
| Total Revenue | 3.8B | 3.1B | 3.2B | 2.0B | 1.5B |
| Cost Of Revenue | 3.1B | 2.5B | 2.9B | 1.7B | 1.3B |
| Gross Profit | 678.0M | 551.0M | 290.0M | 221.0M | 143.0M |
| Gross Margin % | 17.7% | 18.0% | 9.0% | 11.3% | 9.8% |
| Total Operating Cost | 3.8B | 2.9B | 3.1B | 1.9B | 1.4B |
| Selling Expenses | 31.5M | 33.9M | 27.6M | 23.6M | 11.2M |
| Admin Expenses | 126.0M | 126.0M | 106.0M | 98.3M | 72.5M |
| Rd Expenses | 72.5M | 54.8M | 38.8M | 11.9M | 6.4M |
| Finance Expenses | 1.8M | 3.0M | -4.8M | -2.9M | -8.6M |
| Operating Income | 84.6M | 123.0M | 103.0M | 88.9M | 66.7M |
| Operating Margin % | 2.2% | 4.0% | 3.2% | 4.6% | 4.6% |
| Non Operating Income | 1.1M | 1.4M | 1.3M | 1.8M | 827,900 |
| Non Operating Expenses | 2.2M | 1.4M | 1.7M | 2.4M | 27.9M |
| Investment Income | 316,600 | 403,800 | 4.3M | 3.7M | 6.5M |
| Fair Value Change Income | -- | -- | -2.4M | 2.3M | -409,300 |
| Asset Disposal Income | 5.6M | 55,700 | 13,700 | -161,100 | 6.8M |
| Asset Impairment Loss | 1.2M | 2.4M | 1.3M | 918,800 | 367,200 |
| Other Income | 7.3M | 3.5M | 365,800 | 1.8M | 966,800 |
| Income Before Tax | 83.6M | 123.0M | 103.0M | 88.3M | 39.7M |
| Income Tax | 30.4M | 32.5M | 11.7M | 15.7M | 12.3M |
| Net Income | 53.2M | 90.5M | 91.3M | 72.6M | 27.3M |
| Net Margin % | 1.4% | 3.0% | 2.8% | 3.7% | 1.9% |
| Net Income Attributable | 63.1M | 101.0M | 80.0M | 63.8M | 27.1M |
| Minority Interest | -9.9M | -10.6M | 11.3M | 8.8M | 171,800 |
| Eps Basic | 0.17 | 0.34 | 0.27 | 0.21 | 0.09 |
| Eps Diluted | 0.17 | 0.34 | 0.27 | 0.21 | 0.09 |
| 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 | 274.0M | 1.1B | 239.0M | 275.0M | 469.0M |
| Trading Financial Assets | -- | -- | -- | 113.0M | 50.1M |
| Accounts Receivable | 90.6M | 131.0M | 82.7M | 19.7M | 19.5M |
| Notes Receivable | 36.4M | 6.4M | 1.7M | 1.7M | -- |
| Notes And Accounts Receivable | 127.0M | 138.0M | 84.5M | 21.5M | 19.5M |
| Prepayments | 31.4M | 42.7M | 11.4M | 34.9M | 6.1M |
| Inventory | 175.0M | 82.1M | 66.1M | 69.8M | 45.9M |
| Total Current Assets | 747.0M | 1.5B | 419.0M | 525.0M | 643.0M |
| Long Term Equity Investment | 63.2M | 4.8M | -- | -- | -- |
| Fixed Assets | -- | 494.0M | 433.0M | 421.0M | 134.0M |
| Fixed Assets Total | 928.0M | 494.0M | 433.0M | 421.0M | 135.0M |
| Construction In Progress | -- | 1.1B | 149.0M | 16.4M | 82.7M |
| Construction In Progress Total | 937.0M | 1.1B | 149.0M | 16.6M | 82.7M |
| Intangible Assets | 300.0M | 243.0M | 202.0M | 80.1M | 55.8M |
| Long Term Deferred Expenses | 7.9M | 7.0M | 8.4M | 9.3M | 3.5M |
| Total Non Current Assets | 2.3B | 1.9B | 968.0M | 662.0M | 356.0M |
| Total Assets | 3.1B | 3.4B | 1.4B | 1.2B | 999.0M |
| Short Term Borrowings | 120.0M | 179.0M | 6.5M | 10.0M | 5.0M |
| Accounts Payable | 299.0M | 337.0M | 81.2M | 115.0M | 39.7M |
| Advance Receipts | 1.5M | 1.6M | 950,600 | 774,100 | 616,400 |
| Contract Liabilities | 57.2M | 61.3M | 37.9M | 34.0M | 25.6M |
| Total Current Liabilities | 658.0M | 793.0M | 246.0M | 224.0M | 123.0M |
| Long Term Borrowings | 122.0M | 387.0M | 49.0M | -- | -- |
| Total Non Current Liabilities | 141.0M | 405.0M | 62.4M | 13.5M | 8.9M |
| Total Liabilities | 799.0M | 1.2B | 308.0M | 238.0M | 132.0M |
| Paid In Capital | 370.0M | 370.0M | 306.0M | 299.0M | 299.0M |
| Capital Reserve | 1.1B | 1.1B | 118.0M | 68.5M | 70.4M |
| Surplus Reserve | 178.0M | 166.0M | 153.0M | 145.0M | 140.0M |
| Retained Earnings | 514.0M | 500.0M | 412.0M | 344.0M | 288.0M |
| Minority Equity | 122.0M | 117.0M | 89.5M | 48.4M | 22.2M |
| Equity Attributable | 2.1B | 2.1B | 990.0M | 901.0M | 845.0M |
| Total Equity | 2.3B | 2.2B | 1.1B | 950.0M | 867.0M |
| 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 | 4.2B | 3.3B | 3.5B | 2.1B | 1.6B |
| Tax Refunds Received | 6.2M | 6.1M | 16.2M | 9.9M | 3.5M |
| Total Operating Cash Inflow | 4.3B | 3.6B | 3.5B | 2.2B | 1.6B |
| Cash Paid For Goods | 3.4B | 2.6B | 3.0B | 1.9B | 1.3B |
| Cash Paid To Employees | 159.0M | 138.0M | 129.0M | 108.0M | 99.6M |
| Taxes Paid | 552.0M | 345.0M | 133.0M | 41.5M | 54.7M |
| Total Operating Cash Outflow | 4.2B | 3.5B | 3.4B | 2.1B | 1.6B |
| Operating Cash Flow | 34.5M | 167.0M | 109.0M | 53.9M | 90.8M |
| Total Investing Cash Inflow | 16.6M | 7.5M | 134.0M | 519.0M | 642.0M |
| Total Investing Cash Outflow | 519.0M | 829.0M | 389.0M | 602.0M | 587.0M |
| Investing Cash Flow | -502.0M | -822.0M | -255.0M | -82.5M | 55.2M |
| Cash From Borrowings | 190.0M | 610.0M | 57.0M | 10.0M | 5.0M |
| Dividends And Interest Paid | 45.6M | 5.4M | 424,500 | 3.4M | 7.8M |
| Debt Repayments | 537.0M | 80.5M | 10.5M | 5.0M | 13.9M |
| Total Financing Cash Inflow | 225.0M | 1.6B | 132.0M | 11.0M | 5.0M |
| Total Financing Cash Outflow | 584.0M | 89.9M | 13.0M | 12.7M | 23.7M |
| Financing Cash Flow | -359.0M | 1.5B | 119.0M | -1.7M | -18.7M |
| Net Change In Cash | -827.0M | 885.0M | -26.0M | -30.3M | 127.0M |
| Ending Cash Balance | 274.0M | 1.1B | 216.0M | 242.0M | 272.0M |
| Capex | 460.0M | 819.0M | 383.0M | 357.0M | 137.0M |