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 | 2.4B | 2.1B | 1.5B | 1.1B | 909.0M |
| Revenue Growth % | 16.8% | 41.2% | 31.6% | 22.2% | -- |
| Total Revenue | 2.4B | 2.1B | 1.5B | 1.1B | 909.0M |
| Cost Of Revenue | 1.7B | 1.5B | 1.1B | 813.0M | 662.0M |
| Gross Profit | 735.0M | 581.0M | 375.0M | 298.0M | 247.0M |
| Gross Margin % | 30.5% | 28.1% | 25.6% | 26.8% | 27.2% |
| Total Operating Cost | 2.1B | 1.8B | 1.3B | 1.0B | 820.0M |
| Selling Expenses | 289.0M | 222.0M | 156.0M | 128.0M | 95.7M |
| Admin Expenses | 90.7M | 83.4M | 65.5M | 67.4M | 58.3M |
| Rd Expenses | 48.5M | 39.7M | 30.2M | 24.1M | 10.0M |
| Finance Expenses | -15.3M | -8.1M | -14.6M | -13.1M | -12.8M |
| Operating Income | 353.0M | 267.0M | 148.0M | 99.8M | 124.0M |
| Operating Margin % | 14.6% | 12.9% | 10.1% | 9.0% | 13.6% |
| Non Operating Income | 215,100 | 266,500 | 140,100 | 808,600 | 8.5M |
| Non Operating Expenses | 8.2M | 6.9M | 6.3M | 9.4M | 4.9M |
| Investment Income | 864,800 | 4.3M | 2.6M | 1.3M | 331,300 |
| Fair Value Change Income | 9.4M | -- | -- | -- | -- |
| Asset Disposal Income | -519,100 | 648,500 | -102,400 | 41,300 | -1.2M |
| Asset Impairment Loss | -- | -- | -- | 5.0M | -- |
| Other Income | 34.4M | 29.8M | 16.9M | 18.6M | 35.4M |
| Income Before Tax | 345.0M | 260.0M | 142.0M | 91.2M | 127.0M |
| Income Tax | 51.2M | 47.9M | 20.3M | 7.3M | 24.0M |
| Net Income | 293.0M | 212.0M | 122.0M | 83.9M | 103.0M |
| Net Margin % | 12.1% | 10.3% | 8.3% | 7.6% | 11.3% |
| Net Income Attributable | 291.0M | 210.0M | 125.0M | 84.9M | 103.0M |
| Minority Interest | 2.2M | 2.5M | -2.6M | -1.0M | -- |
| Eps Basic | 0.65 | 0.48 | 0.31 | 0.21 | 0.28 |
| Eps Diluted | 0.65 | 0.48 | 0.31 | 0.21 | 0.28 |
| 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 | 675.0M | 747.0M | 396.0M | 465.0M | 439.0M |
| Trading Financial Assets | 383.0M | -- | -- | -- | -- |
| Accounts Receivable | 20.3M | 8.7M | 10.0M | 6.0M | 1.1M |
| Notes And Accounts Receivable | 20.3M | 8.7M | 10.0M | 6.0M | 1.1M |
| Prepayments | 13.9M | 10.2M | 9.9M | 7.7M | 10.0M |
| Inventory | 317.0M | 367.0M | 301.0M | 170.0M | 208.0M |
| Total Current Assets | 1.5B | 1.2B | 808.0M | 762.0M | 715.0M |
| Fixed Assets | -- | 407.0M | 350.0M | 227.0M | 223.0M |
| Fixed Assets Total | 428.0M | 407.0M | 350.0M | 227.0M | 223.0M |
| Construction In Progress | -- | 21.1M | 26.8M | 26.7M | 14.8M |
| Construction In Progress Total | 44.8M | 23.3M | 26.8M | 26.7M | 14.8M |
| Intangible Assets | 122.0M | 40.0M | 35.3M | 29.4M | 26.7M |
| Long Term Deferred Expenses | 24.5M | 21.6M | 8.2M | 6.4M | 2.6M |
| Total Non Current Assets | 709.0M | 579.0M | 489.0M | 314.0M | 281.0M |
| Total Assets | 2.2B | 1.8B | 1.3B | 1.1B | 996.0M |
| Short Term Borrowings | 300.0M | 150.0M | -- | -- | -- |
| Accounts Payable | 128.0M | 108.0M | 100.0M | 57.1M | 32.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 151.0M | 109.0M | 114.0M | 45.7M | 38.0M |
| Total Current Liabilities | 694.0M | 476.0M | 291.0M | 165.0M | 110.0M |
| Total Non Current Liabilities | 43.1M | 29.8M | 25.1M | 20.7M | 17.6M |
| Total Liabilities | 737.0M | 505.0M | 316.0M | 186.0M | 128.0M |
| Paid In Capital | 451.0M | 451.0M | 403.0M | 403.0M | 400.0M |
| Capital Reserve | 516.0M | 505.0M | 291.0M | 283.0M | 253.0M |
| Surplus Reserve | 94.9M | 70.6M | 51.8M | 38.6M | 31.3M |
| Retained Earnings | 413.0M | 325.0M | 233.0M | 182.0M | 184.0M |
| Minority Equity | 8.5M | 6.3M | 13.7M | 6.9M | -- |
| Equity Attributable | 1.4B | 1.3B | 968.0M | 883.0M | 868.0M |
| Total Equity | 1.4B | 1.3B | 981.0M | 890.0M | 868.0M |
| 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 | 2.7B | 2.3B | 1.7B | 1.2B | 1.0B |
| Tax Refunds Received | 26,800 | 7.1M | 7.4M | -- | -- |
| Total Operating Cash Inflow | 2.9B | 2.4B | 1.7B | 1.3B | 1.1B |
| Cash Paid For Goods | 1.5B | 1.5B | 1.2B | 734.0M | 753.0M |
| Cash Paid To Employees | 334.0M | 295.0M | 229.0M | 176.0M | 142.0M |
| Taxes Paid | 158.0M | 127.0M | 67.6M | 63.1M | 75.9M |
| Total Operating Cash Outflow | 2.4B | 2.2B | 1.7B | 1.1B | 1.1B |
| Operating Cash Flow | 542.0M | 156.0M | 93.4M | 193.0M | 10.3M |
| Total Investing Cash Inflow | 867.0M | 540.0M | 92.8M | 113.0M | 142.0M |
| Total Investing Cash Outflow | 1.4B | 725.0M | 241.0M | 230.0M | 208.0M |
| Investing Cash Flow | -499.0M | -185.0M | -148.0M | -118.0M | -66.4M |
| Cash From Borrowings | 500.0M | 220.0M | 70.0M | -- | -- |
| Dividends And Interest Paid | 182.0M | 100.0M | 60.7M | 80.0M | 40.0M |
| Debt Repayments | 350.0M | 70.0M | 70.0M | -- | -- |
| Total Financing Cash Inflow | 520.0M | 530.0M | 79.4M | 30.7M | 178.0M |
| Total Financing Cash Outflow | 631.0M | 273.0M | 134.0M | 80.5M | 56.6M |
| Financing Cash Flow | -110.0M | 258.0M | -54.6M | -49.7M | 122.0M |
| Net Change In Cash | -66.8M | 231.0M | -109.0M | 25.1M | 64.9M |
| Ending Cash Balance | 521.0M | 587.0M | 356.0M | 465.0M | 439.0M |
| Capex | 206.0M | 160.0M | 166.0M | 65.3M | 28.2M |