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 | 1.6B | 1.5B | 1.2B | 815.0M | 633.0M |
| Revenue Growth % | 8.3% | 26.3% | 46.4% | 28.8% | -- |
| Total Revenue | 1.6B | 1.5B | 1.2B | 815.0M | 633.0M |
| Cost Of Revenue | 1.1B | 1.0B | 872.0M | 605.0M | 434.0M |
| Gross Profit | 554.0M | 485.0M | 321.0M | 210.0M | 199.0M |
| Gross Margin % | 33.9% | 32.2% | 26.9% | 25.8% | 31.4% |
| Total Operating Cost | 1.5B | 1.4B | 1.2B | 806.0M | 569.0M |
| Selling Expenses | 96.9M | 77.3M | 44.9M | 21.6M | 19.7M |
| Admin Expenses | 184.0M | 172.0M | 164.0M | 92.1M | 59.4M |
| Rd Expenses | 94.2M | 79.4M | 76.5M | 56.2M | 45.2M |
| Finance Expenses | 10.3M | 11.3M | 21.4M | 21.1M | 4.7M |
| Operating Income | 166.0M | 117.0M | -20.0M | 29.2M | 84.0M |
| Operating Margin % | 10.2% | 7.8% | -1.7% | 3.6% | 13.3% |
| Non Operating Income | 1.1M | 173,400 | 624,700 | 236,000 | 4,900 |
| Non Operating Expenses | 1.0M | 61,500 | 286,400 | 66,000 | 112,800 |
| Investment Income | 7.4M | 6.4M | 14.0M | 9.2M | 8.1M |
| Asset Disposal Income | 1.8M | 1.7M | -120,500 | -145,100 | 35,000 |
| Asset Impairment Loss | 7.1M | 27.2M | 44.8M | 159,100 | 159,700 |
| Other Income | 20.1M | 16.6M | 10.8M | 10.8M | 12.1M |
| Income Before Tax | 166.0M | 117.0M | -19.6M | 29.4M | 83.8M |
| Income Tax | 12.8M | 9.9M | 628,800 | -2.6M | 7.1M |
| Net Income | 153.0M | 107.0M | -20.3M | 32.0M | 76.7M |
| Net Margin % | 9.4% | 7.1% | -1.7% | 3.9% | 12.1% |
| Net Income Attributable | 124.0M | 102.0M | 25.3M | 39.9M | 68.5M |
| Minority Interest | 29.0M | 5.2M | -45.5M | -7.9M | 8.2M |
| Eps Basic | 0.36 | 0.29 | 0.07 | 0.15 | 0.25 |
| Eps Diluted | 0.36 | 0.29 | 0.07 | 0.15 | 0.25 |
| 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 | 439.0M | 431.0M | 790.0M | 422.0M | 335.0M |
| Trading Financial Assets | -- | 100.0M | 75.0M | 71.0M | 102.0M |
| Accounts Receivable | 588.0M | 536.0M | 437.0M | 310.0M | 207.0M |
| Notes Receivable | 60.8M | 23.8M | 10.7M | 3.1M | 12.5M |
| Notes And Accounts Receivable | 649.0M | 559.0M | 448.0M | 313.0M | 219.0M |
| Prepayments | 25.8M | 28.4M | 37.5M | 25.9M | 24.9M |
| Inventory | 258.0M | 240.0M | 240.0M | 156.0M | 109.0M |
| Total Current Assets | 2.0B | 1.9B | 1.8B | 1.1B | 912.0M |
| Long Term Equity Investment | 29.9M | 29.1M | 24.6M | 16.6M | 6.4M |
| Fixed Assets | -- | 570.0M | 592.0M | 551.0M | 168.0M |
| Fixed Assets Total | 561.0M | 570.0M | 592.0M | 551.0M | 168.0M |
| Construction In Progress | -- | 76.1M | 41.8M | 23.0M | 9.6M |
| Construction In Progress Total | 76.0M | 76.1M | 41.8M | 23.0M | 9.6M |
| Intangible Assets | 397.0M | 415.0M | 433.0M | 281.0M | 39.1M |
| Long Term Deferred Expenses | 1.9M | 2.2M | 2.0M | 2.3M | 2.9M |
| Total Non Current Assets | 1.2B | 1.3B | 1.3B | 1.0B | 276.0M |
| Total Assets | 3.2B | 3.2B | 3.1B | 2.2B | 1.2B |
| Short Term Borrowings | 537.0M | 566.0M | 374.0M | 310.0M | 162.0M |
| Accounts Payable | 351.0M | 277.0M | 318.0M | 245.0M | 59.6M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 62.4M | 50.2M | 47.9M | 16.0M | 30.2M |
| Total Current Liabilities | 1.2B | 1.3B | 1.2B | 910.0M | 316.0M |
| Long Term Borrowings | 43.0M | -- | 86.0M | 118.0M | -- |
| Total Non Current Liabilities | 135.0M | 97.6M | 200.0M | 210.0M | 39.9M |
| Total Liabilities | 1.4B | 1.4B | 1.4B | 1.1B | 356.0M |
| Paid In Capital | 348.0M | 348.0M | 348.0M | 271.0M | 271.0M |
| Capital Reserve | 786.0M | 795.0M | 795.0M | 186.0M | 186.0M |
| Surplus Reserve | 48.2M | 41.9M | 36.8M | 31.9M | 22.1M |
| Retained Earnings | 426.0M | 343.0M | 267.0M | 268.0M | 265.0M |
| Minority Equity | 255.0M | 244.0M | 240.0M | 261.0M | 71.4M |
| Equity Attributable | 1.6B | 1.5B | 1.5B | 770.0M | 760.0M |
| Total Equity | 1.8B | 1.8B | 1.7B | 1.0B | 832.0M |
| 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 | 1.2B | 1.2B | 822.0M | 557.0M | 379.0M |
| Tax Refunds Received | 7.2M | 10.2M | 17.8M | 4.3M | 2.0M |
| Total Operating Cash Inflow | 1.3B | 1.2B | 870.0M | 589.0M | 446.0M |
| Cash Paid For Goods | 623.0M | 601.0M | 536.0M | 297.0M | 199.0M |
| Cash Paid To Employees | 236.0M | 234.0M | 214.0M | 155.0M | 100.0M |
| Taxes Paid | 104.0M | 109.0M | 44.9M | 38.6M | 42.8M |
| Total Operating Cash Outflow | 1.1B | 1.1B | 899.0M | 559.0M | 428.0M |
| Operating Cash Flow | 141.0M | 143.0M | -28.3M | 30.1M | 18.1M |
| Total Investing Cash Inflow | 1.7B | 1.6B | 3.5B | 2.7B | 1.6B |
| Total Investing Cash Outflow | 1.6B | 1.8B | 4.1B | 2.7B | 1.7B |
| Investing Cash Flow | 107.0M | -161.0M | -565.0M | -25.6M | -118.0M |
| Cash From Borrowings | 667.0M | 551.0M | 444.0M | 525.0M | 212.0M |
| Dividends And Interest Paid | 64.8M | 55.1M | 67.4M | 42.7M | 27.0M |
| Debt Repayments | 806.0M | 512.0M | 384.0M | 272.0M | 50.0M |
| Total Financing Cash Inflow | 667.0M | 551.0M | 1.1B | 595.0M | 212.0M |
| Total Financing Cash Outflow | 933.0M | 595.0M | 477.0M | 514.0M | 77.6M |
| Financing Cash Flow | -266.0M | -43.8M | 654.0M | 81.2M | 134.0M |
| Net Change In Cash | -17.1M | -61.7M | 65.0M | 84.7M | 30.7M |
| Ending Cash Balance | 406.0M | 423.0M | 485.0M | 420.0M | 335.0M |
| Capex | 20.3M | 52.5M | 136.0M | 34.2M | 8.3M |