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 | 947.0M | 3.1B | 1.4B | 848.0M | 560.0M |
| Revenue Growth % | -69.7% | 118.2% | 69.1% | 51.4% | -- |
| Total Revenue | 947.0M | 3.1B | 1.4B | 848.0M | 560.0M |
| Cost Of Revenue | 838.0M | 2.2B | 1.0B | 626.0M | 409.0M |
| Gross Profit | 109.0M | 957.0M | 400.0M | 222.0M | 151.0M |
| Gross Margin % | 11.5% | 30.6% | 27.9% | 26.2% | 27.0% |
| Total Operating Cost | 1.6B | 2.4B | 1.2B | 704.0M | 464.0M |
| Selling Expenses | 2.3M | 1.7M | 3.1M | 1.7M | 1.6M |
| Admin Expenses | 44.7M | 47.3M | 43.4M | 30.6M | 24.4M |
| Rd Expenses | 62.9M | 82.2M | 45.2M | 30.1M | 22.3M |
| Finance Expenses | 25.0M | -14,300 | 1.2M | 7.0M | 4.1M |
| Operating Income | -643.0M | 733.0M | 274.0M | 155.0M | 101.0M |
| Operating Margin % | -67.9% | 23.4% | 19.1% | 18.3% | 18.0% |
| Non Operating Income | 434,300 | 953,900 | 530,400 | 63,300 | 58,800 |
| Non Operating Expenses | 2.2M | 2.7M | 3.1M | 2.0M | 3.1M |
| Investment Income | -16.5M | -10.8M | 108,200 | 222,500 | -- |
| Fair Value Change Income | 1.7M | 15,000 | -- | -- | -- |
| Asset Disposal Income | 186,300 | 365,600 | 282,400 | -470,200 | -1.1M |
| Asset Impairment Loss | 621.0M | 73.6M | 3.0M | 3.7M | 2.9M |
| Other Income | 6.6M | 18.3M | 3.6M | 10.5M | 6.2M |
| Income Before Tax | -645.0M | 732.0M | 271.0M | 153.0M | 97.6M |
| Income Tax | -109.0M | 77.8M | 32.9M | 19.1M | 12.5M |
| Net Income | -536.0M | 654.0M | 238.0M | 133.0M | 85.1M |
| Net Margin % | -56.6% | 20.9% | 16.6% | 15.7% | 15.2% |
| Net Income Attributable | -536.0M | 654.0M | 238.0M | 133.0M | 85.1M |
| Eps Basic | -2.79 | 3.40 | 1.43 | 1.29 | 0.83 |
| Eps Diluted | -2.44 | 3.39 | 1.43 | 1.29 | 0.83 |
| 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 | 70.3M | 847.0M | 442.0M | 121.0M | 6.4M |
| Trading Financial Assets | 349.0M | 20.0M | -- | 10.0M | -- |
| Accounts Receivable | 308.0M | 734.0M | 535.0M | 160.0M | 175.0M |
| Notes Receivable | 46.1M | 414.0M | -- | -- | -- |
| Notes And Accounts Receivable | 354.0M | 1.1B | 535.0M | 160.0M | 175.0M |
| Prepayments | 232.0M | 228.0M | 34.1M | 27.5M | 14.6M |
| Inventory | 116.0M | 488.0M | 106.0M | 47.2M | 30.7M |
| Total Current Assets | 1.6B | 2.9B | 1.6B | 729.0M | 373.0M |
| Fixed Assets | -- | 460.0M | 320.0M | 194.0M | 160.0M |
| Fixed Assets Total | 438.0M | 460.0M | 320.0M | 194.0M | 160.0M |
| Construction In Progress | -- | 76.8M | 60.8M | 12.0M | 9.6M |
| Construction In Progress Total | 3.0M | 76.8M | 60.8M | 12.0M | 9.6M |
| Intangible Assets | 13.2M | 16.7M | 17.1M | 17.5M | 17.8M |
| Long Term Deferred Expenses | 19.8M | 12.7M | 459,500 | 3.7M | 7.3M |
| Total Non Current Assets | 629.0M | 614.0M | 440.0M | 272.0M | 202.0M |
| Total Assets | 2.2B | 3.5B | 2.0B | 1.0B | 575.0M |
| Short Term Borrowings | 272.0M | 93.1M | 56.3M | 40.1M | 50.0M |
| Accounts Payable | 211.0M | 403.0M | 248.0M | 154.0M | 120.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.2M | 9.8M | 851,800 | 1.6M | 286,900 |
| Total Current Liabilities | 672.0M | 1.3B | 819.0M | 489.0M | 237.0M |
| Long Term Borrowings | 31.5M | 53.0M | 24.9M | -- | -- |
| Total Non Current Liabilities | 475.0M | 471.0M | 49.1M | 39.6M | 406,700 |
| Total Liabilities | 1.1B | 1.7B | 868.0M | 529.0M | 238.0M |
| Paid In Capital | 192.0M | 192.0M | 137.0M | 103.0M | 103.0M |
| Capital Reserve | 368.0M | 368.0M | 423.0M | 26.5M | 26.5M |
| Surplus Reserve | 84.9M | 84.9M | 48.9M | 30.1M | 22.7M |
| Retained Earnings | 315.0M | 1.1B | 533.0M | 313.0M | 185.0M |
| Equity Attributable | 1.1B | 1.8B | 1.1B | 473.0M | 337.0M |
| Total Equity | 1.1B | 1.8B | 1.1B | 473.0M | 337.0M |
| 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 | 1.8B | 2.9B | 1.0B | 633.0M | 338.0M |
| Tax Refunds Received | -- | -- | 1.2M | 270,800 | 708,600 |
| Total Operating Cash Inflow | 1.9B | 2.9B | 1.1B | 656.0M | 348.0M |
| Cash Paid For Goods | 1.2B | 1.9B | 564.0M | 171.0M | 144.0M |
| Cash Paid To Employees | 381.0M | 558.0M | 348.0M | 240.0M | 132.0M |
| Taxes Paid | 82.9M | 224.0M | 108.0M | 72.9M | 49.8M |
| Total Operating Cash Outflow | 1.8B | 2.7B | 1.1B | 602.0M | 349.0M |
| Operating Cash Flow | 83.6M | 175.0M | 3.0M | 54.2M | -581,000 |
| Total Investing Cash Inflow | 9.1M | 2.0M | 28.5M | 436,100 | 20.6M |
| Total Investing Cash Outflow | 756.0M | 254.0M | 158.0M | 42.8M | 24.1M |
| Investing Cash Flow | -747.0M | -252.0M | -129.0M | -42.3M | -3.5M |
| Cash From Borrowings | 335.0M | 229.0M | 81.0M | 40.1M | 49.3M |
| Dividends And Interest Paid | 240.0M | 72.7M | 917,300 | 1.6M | 81.4M |
| Debt Repayments | 143.0M | 116.0M | 40.1M | 15.0M | 27.1M |
| Total Financing Cash Inflow | 335.0M | 694.0M | 538.0M | 40.1M | 49.3M |
| Total Financing Cash Outflow | 389.0M | 212.0M | 69.7M | 26.9M | 109.0M |
| Financing Cash Flow | -53.9M | 482.0M | 468.0M | 13.3M | -59.2M |
| Net Change In Cash | -717.0M | 405.0M | 342.0M | 25.1M | -63.3M |
| Ending Cash Balance | 59.3M | 776.0M | 371.0M | 29.5M | 4.4M |
| Capex | 120.0M | 234.0M | 145.0M | 32.8M | 24.1M |