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 | 6.9B | 7.1B | 4.1B | 2.7B | 2.7B |
| Revenue Growth % | -2.4% | 71.1% | 53.4% | 0.9% | -- |
| Total Revenue | 6.9B | 7.1B | 4.1B | 2.7B | 2.7B |
| Cost Of Revenue | 5.8B | 6.2B | 3.9B | 2.8B | 2.1B |
| Gross Profit | 1.1B | 872.0M | 261.0M | -57.0M | 556.0M |
| Gross Margin % | 15.7% | 12.3% | 6.3% | -2.1% | 20.8% |
| Total Operating Cost | 6.3B | 6.7B | 4.2B | 3.0B | 2.4B |
| Selling Expenses | 411,000 | 412,200 | 181,600 | 284,900 | 255,400 |
| Admin Expenses | 138.0M | 109.0M | 95.5M | 117.0M | 105.0M |
| Rd Expenses | 101.0M | 103.0M | 68.6M | 49.5M | 28.8M |
| Finance Expenses | 195.0M | 201.0M | 116.0M | 86.3M | 88.1M |
| Operating Income | 688.0M | 514.0M | 32.1M | -238.0M | 373.0M |
| Operating Margin % | 9.9% | 7.3% | 0.8% | -8.8% | 13.9% |
| Non Operating Income | 32.1M | 1.6M | 1.4M | 9.6M | 2.5M |
| Non Operating Expenses | 8.4M | 23.8M | 17.0M | 17.8M | 17.0M |
| Investment Income | 64.8M | 75.0M | 64.7M | 106.0M | 75.9M |
| Fair Value Change Income | -- | -- | -- | -- | -- |
| Asset Disposal Income | 429,400 | 9,300 | 26,700 | -- | -- |
| Asset Impairment Loss | 8.3M | -- | -- | 18.1M | 11.8M |
| Other Income | 2.4M | 3.5M | 2.4M | 481,900 | 1.1M |
| Income Before Tax | 712.0M | 492.0M | 16.5M | -246.0M | 358.0M |
| Income Tax | 3.2M | 1.1M | 4.9M | 1.5M | 42.3M |
| Net Income | 709.0M | 491.0M | 11.6M | -248.0M | 316.0M |
| Net Margin % | 10.2% | 6.9% | 0.3% | -9.2% | 11.8% |
| Net Income Attributable | 714.0M | 490.0M | 10.6M | -248.0M | 316.0M |
| Minority Interest | -5.4M | 1.1M | 981,900 | 596,600 | 210,300 |
| Eps Basic | 0.73 | 0.50 | 0.01 | -0.25 | 0.32 |
| Eps Diluted | 0.73 | 0.50 | 0.01 | -0.25 | 0.32 |
| 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 | 313.0M | 504.0M | 783.0M | 759.0M | 528.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 762.0M | 800.0M | 480.0M | 218.0M | 354.0M |
| Notes Receivable | 1.2M | 1.0M | 564,900 | 3.5M | 373.0M |
| Notes And Accounts Receivable | 763.0M | 801.0M | 481.0M | 221.0M | 727.0M |
| Prepayments | 264.0M | 192.0M | 304.0M | 85.4M | 21.9M |
| Inventory | 412.0M | 353.0M | 389.0M | 324.0M | 137.0M |
| Total Current Assets | 2.3B | 2.1B | 2.0B | 1.5B | 1.6B |
| Long Term Equity Investment | 1.7B | 1.6B | 1.6B | 1.5B | 1.4B |
| Fixed Assets | -- | 8.0B | 7.7B | 2.8B | 2.8B |
| Fixed Assets Total | 8.3B | 8.0B | 7.7B | 2.8B | 2.8B |
| Construction In Progress | -- | 979.0M | 222.0M | 2.4B | 642.0M |
| Construction In Progress Total | 3.6B | 979.0M | 239.0M | 3.8B | 642.0M |
| Intangible Assets | 153.0M | 144.0M | 64.4M | 59.8M | 40.9M |
| Long Term Deferred Expenses | 1.3M | 1.6M | 2.4M | 1.0M | 749,200 |
| Total Non Current Assets | 15.1B | 11.7B | 9.8B | 8.3B | 6.4B |
| Total Assets | 17.4B | 13.8B | 11.8B | 9.9B | 8.0B |
| Short Term Borrowings | 644.0M | 100.0M | 979.0M | 1.4B | 1.2B |
| Accounts Payable | 918.0M | 794.0M | 763.0M | 612.0M | 237.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.7M | 273,100 | 218,500 | 4.2M | 795,700 |
| Total Current Liabilities | 2.6B | 2.2B | 2.6B | 2.2B | 1.8B |
| Long Term Borrowings | 8.3B | 6.1B | 4.4B | 2.4B | 665.0M |
| Total Non Current Liabilities | 8.9B | 6.2B | 4.4B | 3.0B | 1.2B |
| Total Liabilities | 11.5B | 8.4B | 7.1B | 5.2B | 3.0B |
| Paid In Capital | 976.0M | 976.0M | 976.0M | 976.0M | 976.0M |
| Capital Reserve | 2.4B | 2.5B | 2.4B | 2.4B | 2.4B |
| Surplus Reserve | 515.0M | 443.0M | 394.0M | 394.0M | 394.0M |
| Retained Earnings | 1.8B | 1.3B | 861.0M | 850.0M | 1.2B |
| Minority Equity | 170.0M | 169.0M | 70.9M | 50.9M | 33.7M |
| Equity Attributable | 5.8B | 5.2B | 4.7B | 4.7B | 5.0B |
| Total Equity | 5.9B | 5.4B | 4.7B | 4.7B | 5.0B |
| 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 | 7.9B | 8.0B | 5.3B | 3.5B | 2.7B |
| Tax Refunds Received | 5.6M | 3.1M | 131.0M | -- | 1.0M |
| Total Operating Cash Inflow | 7.9B | 8.0B | 5.5B | 3.5B | 2.8B |
| Cash Paid For Goods | 5.9B | 6.4B | 5.1B | 2.9B | 1.8B |
| Cash Paid To Employees | 334.0M | 328.0M | 224.0M | 222.0M | 213.0M |
| Taxes Paid | 339.0M | 148.0M | 84.4M | 94.6M | 217.0M |
| Total Operating Cash Outflow | 6.7B | 6.9B | 5.5B | 3.3B | 2.3B |
| Operating Cash Flow | 1.2B | 1.1B | 25.1M | 244.0M | 508.0M |
| Total Investing Cash Inflow | 8.1M | 72.0M | 6.5M | 62.2M | 1.9B |
| Total Investing Cash Outflow | 3.8B | 2.6B | 1.5B | 1.7B | 2.2B |
| Investing Cash Flow | -3.8B | -2.6B | -1.5B | -1.6B | -345.0M |
| Cash From Borrowings | 6.3B | 4.1B | 3.6B | 4.2B | 2.3B |
| Dividends And Interest Paid | 401.0M | 221.0M | 120.0M | 186.0M | 176.0M |
| Debt Repayments | 3.6B | 2.8B | 2.0B | 2.5B | 2.5B |
| Total Financing Cash Inflow | 6.4B | 4.3B | 3.6B | 4.9B | 2.8B |
| Total Financing Cash Outflow | 4.1B | 3.1B | 2.1B | 3.3B | 2.7B |
| Financing Cash Flow | 2.3B | 1.2B | 1.5B | 1.6B | 147.0M |
| Net Change In Cash | -249.0M | -283.0M | -12.8M | 225.0M | 310.0M |
| Ending Cash Balance | 236.0M | 485.0M | 740.0M | 753.0M | 528.0M |
| Capex | 3.7B | 2.6B | 1.5B | 1.6B | 584.0M |