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 | 1.5B | 1.4B | 1.1B | 1.2B | 632.0M |
| Revenue Growth % | 6.4% | 26.8% | -11.0% | 93.8% | -- |
| Total Revenue | 1.5B | 1.4B | 1.1B | 1.2B | 632.0M |
| Cost Of Revenue | 1.2B | 1.0B | 826.0M | 981.0M | 481.0M |
| Gross Profit | 306.0M | 343.0M | 264.0M | 244.0M | 151.0M |
| Gross Margin % | 20.8% | 24.8% | 24.2% | 19.9% | 23.9% |
| Total Operating Cost | 1.4B | 1.2B | 942.0M | 1.1B | 569.0M |
| Selling Expenses | 53.5M | 47.2M | 40.5M | 34.9M | 22.2M |
| Admin Expenses | 79.1M | 51.6M | 38.5M | 29.3M | 19.5M |
| Rd Expenses | 89.0M | 74.6M | 55.3M | 45.0M | 25.3M |
| Finance Expenses | -26.0M | -16.7M | -26.6M | 12.2M | 13.7M |
| Operating Income | 103.0M | 172.0M | 150.0M | 118.0M | 68.3M |
| Operating Margin % | 7.0% | 12.4% | 13.8% | 9.6% | 10.8% |
| Non Operating Income | 162,900 | 186,600 | 160,400 | 579,000 | 167,800 |
| Non Operating Expenses | 330,400 | 380,900 | 322,800 | 401,900 | 360,200 |
| Investment Income | 2.1M | 0.00 | -822,600 | 7.3M | 551,000 |
| Fair Value Change Income | -- | -- | -10.5M | 2.7M | -98,700 |
| Asset Disposal Income | 114,000 | 577,800 | 131,800 | -- | -- |
| Asset Impairment Loss | 16.8M | 6.3M | 4.2M | 1.2M | 2.3M |
| Other Income | 12.8M | 6.9M | 12.6M | 2.1M | 4.6M |
| Income Before Tax | 103.0M | 171.0M | 149.0M | 118.0M | 68.1M |
| Income Tax | 1.7M | 18.1M | 15.1M | 12.1M | 9.1M |
| Net Income | 101.0M | 153.0M | 134.0M | 106.0M | 59.0M |
| Net Margin % | 6.9% | 11.1% | 12.3% | 8.7% | 9.3% |
| Net Income Attributable | 101.0M | 153.0M | 134.0M | 106.0M | 59.0M |
| Eps Basic | 1.38 | 2.72 | 2.45 | 1.94 | -- |
| Eps Diluted | 1.38 | 2.72 | 2.45 | 1.94 | -- |
| 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 | 510.0M | 978.0M | 262.0M | 179.0M | 141.0M |
| Trading Financial Assets | 60.0M | -- | -- | 2.7M | -- |
| Accounts Receivable | 312.0M | 303.0M | 202.0M | 272.0M | 95.8M |
| Notes Receivable | 11.0M | 10.5M | 20.5M | 20.5M | 9.5M |
| Notes And Accounts Receivable | 323.0M | 314.0M | 222.0M | 292.0M | 105.0M |
| Prepayments | 9.7M | 7.3M | 5.1M | 3.4M | 2.9M |
| Inventory | 309.0M | 200.0M | 166.0M | 286.0M | 126.0M |
| Total Current Assets | 1.5B | 1.5B | 682.0M | 804.0M | 393.0M |
| Fixed Assets | -- | 203.0M | 26.5M | 28.0M | 18.1M |
| Fixed Assets Total | 278.0M | 203.0M | 26.5M | 28.0M | 18.1M |
| Construction In Progress | -- | 9.7M | 32.8M | -- | -- |
| Construction In Progress Total | 14.4M | 9.7M | 32.8M | -- | -- |
| Intangible Assets | 62.1M | 26.3M | 25.2M | 985,700 | 886,800 |
| Long Term Deferred Expenses | 11.7M | 7.2M | 1.8M | 2.5M | 1.6M |
| Total Non Current Assets | 489.0M | 359.0M | 181.0M | 132.0M | 22.3M |
| Total Assets | 1.9B | 1.9B | 863.0M | 936.0M | 416.0M |
| Short Term Borrowings | -- | -- | -- | 1.0M | -- |
| Accounts Payable | 300.0M | 293.0M | 209.0M | 324.0M | 167.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 24.0M | 17.7M | 16.2M | 35.0M | 41.8M |
| Total Current Liabilities | 651.0M | 608.0M | 398.0M | 609.0M | 258.0M |
| Long Term Borrowings | -- | -- | 7.9M | -- | -- |
| Total Non Current Liabilities | 66.4M | 75.3M | 73.1M | 78.0M | 769,500 |
| Total Liabilities | 718.0M | 683.0M | 472.0M | 687.0M | 258.0M |
| Paid In Capital | 73.2M | 73.2M | 54.9M | 54.9M | 13.1M |
| Capital Reserve | 782.0M | 773.0M | 114.0M | 107.0M | 69.1M |
| Surplus Reserve | 36.6M | 36.6M | 24.5M | 11.1M | 7.2M |
| Retained Earnings | 332.0M | 339.0M | 198.0M | 77.2M | 68.2M |
| Equity Attributable | 1.2B | 1.2B | 391.0M | 250.0M | 157.0M |
| Total Equity | 1.2B | 1.2B | 391.0M | 250.0M | 157.0M |
| 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 | 1.5B | 1.3B | 1.1B | 1.0B | 591.0M |
| Tax Refunds Received | 108.0M | 114.0M | 99.4M | 111.0M | 50.9M |
| Total Operating Cash Inflow | 1.6B | 1.5B | 1.3B | 1.1B | 649.0M |
| Cash Paid For Goods | 1.2B | 921.0M | 862.0M | 823.0M | 458.0M |
| Cash Paid To Employees | 246.0M | 177.0M | 141.0M | 136.0M | 75.1M |
| Taxes Paid | 43.2M | 34.0M | 30.6M | 14.8M | 19.3M |
| Total Operating Cash Outflow | 1.6B | 1.2B | 1.1B | 1.1B | 594.0M |
| Operating Cash Flow | 67.6M | 224.0M | 188.0M | 64.5M | 54.5M |
| Total Investing Cash Inflow | 303.0M | 466,200 | 3.3M | 55.1M | 205.0M |
| Total Investing Cash Outflow | 695.0M | 153.0M | 73.0M | 65.6M | 219.0M |
| Investing Cash Flow | -392.0M | -153.0M | -69.7M | -10.5M | -14.4M |
| Cash From Borrowings | -- | 19.6M | 7.9M | -- | -- |
| Dividends And Interest Paid | 108.0M | 582,200 | 19,800 | 20.0M | 71.2M |
| Debt Repayments | 0.00 | 27.6M | -- | -- | -- |
| Total Financing Cash Inflow | 0.00 | 719.0M | 7.9M | 978,700 | 8.0M |
| Total Financing Cash Outflow | 150.0M | 94.0M | 31.2M | 40.6M | 71.2M |
| Financing Cash Flow | -150.0M | 625.0M | -23.2M | -39.7M | -63.2M |
| Net Change In Cash | -465.0M | 699.0M | 110.0M | 10.0M | -30.3M |
| Ending Cash Balance | 460.0M | 925.0M | 226.0M | 116.0M | 106.0M |
| Capex | 185.0M | 153.0M | 64.1M | 17.5M | 12.3M |