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 | 4.0B | 3.7B | 3.0B | 2.7B | 1.9B |
| Revenue Growth % | 10.1% | 20.8% | 12.3% | 39.7% | -- |
| Total Revenue | 4.0B | 3.7B | 3.0B | 2.7B | 1.9B |
| Cost Of Revenue | 3.4B | 3.2B | 2.6B | 2.3B | 1.6B |
| Gross Profit | 681.0M | 434.0M | 464.0M | 449.0M | 318.0M |
| Gross Margin % | 16.9% | 11.8% | 15.3% | 16.6% | 16.5% |
| Total Operating Cost | 3.8B | 3.7B | 2.9B | 2.5B | 1.8B |
| Selling Expenses | 83.6M | 72.2M | 50.7M | 41.5M | 28.5M |
| Admin Expenses | 108.0M | 98.6M | 78.4M | 59.4M | 41.0M |
| Rd Expenses | 171.0M | 195.0M | 167.0M | 134.0M | 92.5M |
| Finance Expenses | 25.9M | -4.7M | 12.8M | -1.4M | -17.4M |
| Operating Income | 243.0M | 33.6M | 117.0M | 216.0M | 162.0M |
| Operating Margin % | 6.0% | 0.9% | 3.9% | 8.0% | 8.4% |
| Non Operating Income | 82,700 | 166,600 | 183,300 | 150,600 | 152,200 |
| Non Operating Expenses | 247,800 | 3.3M | 3.2M | 333,500 | 565,900 |
| Investment Income | 5.9M | 4.0M | -- | -- | 1.3M |
| Fair Value Change Income | 4.5M | -- | -- | -- | -- |
| Asset Disposal Income | 307,500 | 1.2M | -- | 1.2M | 117,500 |
| Asset Impairment Loss | 50.8M | 39.1M | 30.0M | 10.9M | 7.7M |
| Other Income | 19.7M | 26.4M | 8.6M | 20.7M | 11.8M |
| Income Before Tax | 243.0M | 30.5M | 114.0M | 215.0M | 162.0M |
| Income Tax | 32.6M | -2.3M | -5.3M | 18.2M | 16.5M |
| Net Income | 210.0M | 32.8M | 119.0M | 197.0M | 146.0M |
| Net Margin % | 5.2% | 0.9% | 3.9% | 7.3% | 7.6% |
| Net Income Attributable | 125.0M | 32.8M | 119.0M | 197.0M | 146.0M |
| Minority Interest | 85.3M | -- | -- | -- | -- |
| Eps Basic | 0.50 | 0.13 | 0.58 | 1.06 | 0.79 |
| Eps Diluted | 0.50 | 0.13 | 0.58 | 1.06 | 0.79 |
| 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 | 1.5B | 766.0M | 922.0M | 158.0M | 203.0M |
| Trading Financial Assets | 999.0M | -- | -- | -- | -- |
| Accounts Receivable | 873.0M | 836.0M | 494.0M | 369.0M | 309.0M |
| Notes Receivable | 12.1M | 24.7M | 58.0M | 33.3M | 30.2M |
| Notes And Accounts Receivable | 885.0M | 861.0M | 552.0M | 402.0M | 339.0M |
| Prepayments | 30.4M | 15.9M | 5.4M | 2.7M | 3.0M |
| Inventory | 856.0M | 733.0M | 846.0M | 802.0M | 405.0M |
| Total Current Assets | 4.4B | 2.5B | 2.4B | 1.5B | 1.0B |
| Fixed Assets | -- | 576.0M | 196.0M | 122.0M | 91.0M |
| Fixed Assets Total | 594.0M | 576.0M | 196.0M | 122.0M | 91.0M |
| Construction In Progress | -- | 42.9M | 268.0M | 8.5M | -- |
| Construction In Progress Total | 60.5M | 42.9M | 268.0M | 8.5M | -- |
| Intangible Assets | 42.5M | 41.8M | 38.9M | 38.7M | 1.1M |
| Long Term Deferred Expenses | 3.2M | 5.7M | 8.3M | 6.0M | 4.6M |
| Total Non Current Assets | 767.0M | 719.0M | 579.0M | 227.0M | 121.0M |
| Total Assets | 5.1B | 3.2B | 3.0B | 1.8B | 1.2B |
| Short Term Borrowings | 765.0M | 81.0M | 119.0M | 131.0M | -- |
| Accounts Payable | 861.0M | 780.0M | 703.0M | 513.0M | 448.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 9.5M | 15.2M | 18.1M | 17.1M | 15.7M |
| Total Current Liabilities | 2.9B | 1.3B | 1.1B | 947.0M | 585.0M |
| Total Non Current Liabilities | 39.8M | 20.8M | 29.6M | 29.2M | 9.4M |
| Total Liabilities | 2.9B | 1.3B | 1.2B | 976.0M | 594.0M |
| Paid In Capital | 251.0M | 249.0M | 247.0M | 185.0M | 185.0M |
| Capital Reserve | 1.3B | 1.2B | 1.1B | 228.0M | 223.0M |
| Surplus Reserve | 58.9M | 50.8M | 42.2M | 34.1M | 17.7M |
| Retained Earnings | 540.0M | 454.0M | 439.0M | 328.0M | 147.0M |
| Minority Equity | 95.1M | -- | -- | -- | -- |
| Equity Attributable | 2.1B | 1.9B | 1.9B | 775.0M | 572.0M |
| Total Equity | 2.2B | 1.9B | 1.9B | 775.0M | 572.0M |
| 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 | 3.7B | 3.5B | 3.2B | 2.8B | 1.9B |
| Tax Refunds Received | 8.3M | 3.1M | 3.2M | 3.6M | 3.0M |
| Total Operating Cash Inflow | 7.0B | 3.5B | 3.2B | 2.9B | 2.0B |
| Cash Paid For Goods | 3.0B | 3.1B | 2.6B | 2.6B | 1.7B |
| Cash Paid To Employees | 317.0M | 317.0M | 313.0M | 229.0M | 136.0M |
| Taxes Paid | 58.6M | 51.0M | 43.4M | 49.5M | 30.6M |
| Total Operating Cash Outflow | 5.8B | 3.5B | 3.1B | 2.9B | 2.0B |
| Operating Cash Flow | 1.1B | -26.3M | 160.0M | -42.9M | 9.7M |
| Total Investing Cash Inflow | 2.9B | 4.8M | -- | 3.5M | 262.0M |
| Total Investing Cash Outflow | 4.0B | 268.0M | 329.0M | 104.0M | 290.0M |
| Investing Cash Flow | -1.1B | -264.0M | -329.0M | -101.0M | -28.0M |
| Cash From Borrowings | 1.0B | 209.0M | 118.0M | 194.0M | -- |
| Dividends And Interest Paid | 55.0M | 11.5M | 2.6M | 2.1M | -- |
| Debt Repayments | 359.0M | 70.0M | 109.0M | 62.8M | -- |
| Total Financing Cash Inflow | 1.1B | 232.0M | 1.1B | 194.0M | -- |
| Total Financing Cash Outflow | 549.0M | 92.4M | 151.0M | 73.3M | -- |
| Financing Cash Flow | 567.0M | 140.0M | 949.0M | 121.0M | -- |
| Net Change In Cash | 623.0M | -159.0M | 770.0M | -20.5M | -11.6M |
| Ending Cash Balance | 1.4B | 758.0M | 917.0M | 147.0M | 167.0M |
| Capex | 86.9M | 268.0M | 329.0M | 104.0M | 80.4M |