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 | 1.7B | 1.8B | 978.0M | 527.0M | 403.0M |
| Revenue Growth % | -6.2% | 88.7% | 85.6% | 30.8% | -- |
| Total Revenue | 1.7B | 1.8B | 978.0M | 527.0M | 403.0M |
| Cost Of Revenue | 1.4B | 1.5B | 687.0M | 313.0M | 265.0M |
| Gross Profit | 285.0M | 346.0M | 291.0M | 214.0M | 138.0M |
| Gross Margin % | 16.5% | 18.8% | 29.8% | 40.6% | 34.2% |
| Total Operating Cost | 1.7B | 1.7B | 866.0M | 464.0M | 357.0M |
| Selling Expenses | 41.5M | 39.2M | 29.7M | 27.9M | 19.4M |
| Admin Expenses | 85.2M | 116.0M | 91.2M | 71.3M | 30.7M |
| Rd Expenses | 76.7M | 72.4M | 39.2M | 28.0M | 14.6M |
| Finance Expenses | 8.0M | 7.6M | 3.5M | 9.7M | 4.1M |
| Operating Income | 61.0M | 121.0M | 155.0M | 81.0M | 54.5M |
| Operating Margin % | 3.5% | 6.6% | 15.8% | 15.4% | 13.5% |
| Non Operating Income | 1.2M | 2.8M | 347,900 | 292,000 | 824,400 |
| Non Operating Expenses | 1.7M | 5.1M | 1.4M | 1.1M | 4.2M |
| Investment Income | 3.6M | -3.6M | 31.4M | 4.3M | 97,800 |
| Fair Value Change Income | -3.1M | 11.7M | 6.1M | 5.4M | 167,300 |
| Asset Disposal Income | 137,100 | 148,000 | 26,700 | 6,100 | 182,600 |
| Asset Impairment Loss | 30.1M | 1.5M | 7.2M | 4.0M | 17.6M |
| Other Income | 20.0M | 16.1M | 5.7M | 8.0M | 7.4M |
| Income Before Tax | 60.5M | 118.0M | 154.0M | 80.1M | 51.1M |
| Income Tax | 15.9M | 232,000 | 15.2M | 10.5M | 9.5M |
| Net Income | 44.6M | 118.0M | 139.0M | 69.6M | 41.6M |
| Net Margin % | 2.6% | 6.4% | 14.2% | 13.2% | 10.3% |
| Net Income Attributable | 50.4M | 133.0M | 130.0M | 69.8M | 41.6M |
| Minority Interest | -5.8M | -15.0M | 8.1M | -201,800 | -300.00 |
| Eps Basic | 0.20 | 0.60 | 0.62 | 0.34 | 0.20 |
| Eps Diluted | 0.20 | 0.59 | 0.62 | 0.34 | 0.20 |
| 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 | 371.0M | 713.0M | 172.0M | 62.1M | 65.0M |
| Trading Financial Assets | 177.0M | -- | 30.0M | -- | 14.1M |
| Accounts Receivable | 320.0M | 388.0M | 416.0M | 70.6M | 42.0M |
| Notes Receivable | 138.0M | 145.0M | 123.0M | 121.0M | -- |
| Notes And Accounts Receivable | 458.0M | 533.0M | 539.0M | 192.0M | 42.0M |
| Prepayments | 10.4M | 6.5M | 6.2M | 3.7M | 7.6M |
| Inventory | 268.0M | 260.0M | 275.0M | 108.0M | 87.2M |
| Total Current Assets | 1.4B | 1.6B | 1.1B | 399.0M | 377.0M |
| Long Term Equity Investment | 15.7M | 15.6M | 19.3M | 121.0M | 21.7M |
| Fixed Assets | -- | 517.0M | -- | 329.0M | 341.0M |
| Fixed Assets Total | 540.0M | 517.0M | 488.0M | 329.0M | 341.0M |
| Construction In Progress | -- | 51.6M | -- | 12.8M | 12.8M |
| Construction In Progress Total | 99.4M | 51.6M | 24.9M | 12.8M | 12.8M |
| Intangible Assets | 63.9M | 33.8M | 26.4M | 11.9M | 9.9M |
| Long Term Deferred Expenses | 47.5M | 39.2M | 8.8M | 2.3M | 449,100 |
| Total Non Current Assets | 1.2B | 1.1B | 905.0M | 614.0M | 409.0M |
| Total Assets | 2.5B | 2.7B | 2.0B | 1.0B | 785.0M |
| Short Term Borrowings | 171.0M | 173.0M | 366.0M | 135.0M | 153.0M |
| Accounts Payable | 321.0M | 339.0M | 388.0M | 65.0M | 40.1M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.1M | 2.7M | 4.2M | 4.8M | 2.4M |
| Total Current Liabilities | 829.0M | 940.0M | 1.1B | 401.0M | 284.0M |
| Long Term Borrowings | 194.0M | 111.0M | -- | -- | -- |
| Total Non Current Liabilities | 335.0M | 254.0M | 89.4M | 22.3M | 16.5M |
| Total Liabilities | 1.2B | 1.2B | 1.2B | 423.0M | 301.0M |
| Paid In Capital | 254.0M | 252.0M | 212.0M | 210.0M | 210.0M |
| Capital Reserve | 639.0M | 708.0M | 113.0M | 102.0M | 128.0M |
| Surplus Reserve | 113.0M | 99.1M | 83.7M | 68.5M | 61.4M |
| Retained Earnings | 398.0M | 412.0M | 294.0M | 211.0M | 168.0M |
| Minority Equity | -59,000 | 58.9M | 72.5M | 287,900 | -300.00 |
| Equity Attributable | 1.4B | 1.4B | 705.0M | 590.0M | 485.0M |
| Total Equity | 1.4B | 1.5B | 777.0M | 590.0M | 485.0M |
| 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 | 1.9B | 1.9B | 960.0M | 515.0M | 376.0M |
| Tax Refunds Received | 6.1M | 6.3M | -- | -- | -- |
| Total Operating Cash Inflow | 1.9B | 2.0B | 974.0M | 527.0M | 387.0M |
| Cash Paid For Goods | 1.3B | 1.4B | 587.0M | 212.0M | 201.0M |
| Cash Paid To Employees | 339.0M | 279.0M | 131.0M | 74.0M | 55.3M |
| Taxes Paid | 77.7M | 61.2M | 41.0M | 31.0M | 22.1M |
| Total Operating Cash Outflow | 1.8B | 1.8B | 834.0M | 351.0M | 302.0M |
| Operating Cash Flow | 148.0M | 124.0M | 141.0M | 176.0M | 84.8M |
| Total Investing Cash Inflow | 762.0M | 169.0M | 271.0M | 49.4M | 114.0M |
| Total Investing Cash Outflow | 1.1B | 320.0M | 300.0M | 252.0M | 172.0M |
| Investing Cash Flow | -357.0M | -151.0M | -29.0M | -203.0M | -58.4M |
| Cash From Borrowings | 346.0M | 444.0M | 329.0M | 204.0M | 206.0M |
| Dividends And Interest Paid | 51.9M | 11.5M | 47.1M | 36.7M | 51.7M |
| Debt Repayments | 297.0M | 468.0M | 266.0M | 222.0M | 90.0M |
| Total Financing Cash Inflow | 392.0M | 1.1B | 397.0M | 307.0M | 230.0M |
| Total Financing Cash Outflow | 523.0M | 529.0M | 416.0M | 282.0M | 244.0M |
| Financing Cash Flow | -131.0M | 565.0M | -18.9M | 25.2M | -13.7M |
| Net Change In Cash | -335.0M | 540.0M | 92.2M | -2.0M | 12.6M |
| Ending Cash Balance | 340.0M | 676.0M | 136.0M | 43.4M | 45.4M |
| Capex | 189.0M | 157.0M | 26.8M | 30.7M | 24.3M |