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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.4B | 1.6B | 1.9B | 1.8B | 1.2B | 859.0M | 784.0M | 389.0M | 208.0M |
| Revenue Growth % | -14.4% | -15.6% | 5.3% | 46.9% | 42.5% | 9.6% | 101.5% | 87.0% | -- |
| Total Revenue | 1.4B | 1.6B | 1.9B | 1.8B | 1.2B | 859.0M | 784.0M | 389.0M | 208.0M |
| Cost Of Revenue | 941.0M | 1.2B | 1.5B | 1.5B | 860.0M | 575.0M | 558.0M | 274.0M | 144.0M |
| Gross Profit | 427.0M | 391.0M | 417.0M | 301.0M | 364.0M | 284.0M | 226.0M | 115.0M | 64.0M |
| Gross Margin % | 31.2% | 24.5% | 22.0% | 16.7% | 29.7% | 33.1% | 28.8% | 29.6% | 30.8% |
| Total Operating Cost | 1.3B | 1.6B | 1.7B | 1.7B | 1.1B | 734.0M | 692.0M | 383.0M | 182.0M |
| Selling Expenses | 105.0M | 118.0M | 133.0M | 120.0M | 105.0M | 85.5M | 76.5M | 35.6M | 16.7M |
| Admin Expenses | 74.3M | 50.7M | 39.0M | 34.9M | 27.4M | 23.5M | 17.4M | 39.0M | 4.8M |
| Rd Expenses | 51.5M | 61.8M | 47.4M | 48.2M | 37.0M | 28.0M | 23.6M | 16.7M | 12.3M |
| Finance Expenses | -2.3M | 2.8M | -10.9M | 17.8M | 33.9M | 11.1M | 6.0M | 8.7M | 3.2M |
| Operating Income | 67.3M | 55.6M | 225.0M | 99.1M | 202.0M | 151.0M | 103.0M | 4.5M | 19.9M |
| Operating Margin % | 4.9% | 3.5% | 11.9% | 5.5% | 16.5% | 17.6% | 13.1% | 1.1% | 9.6% |
| Non Operating Income | 232,600 | 248,800 | 176,800 | 3.9M | 2.2M | 4.0M | 7.00 | 418,700 | 315,400 |
| Non Operating Expenses | 3.0M | 968,100 | 5.0M | 2.3M | 470,900 | 10,200 | 6,400 | 5,600 | 183,100 |
| Investment Income | -977,800 | -372,900 | -852,400 | -977,100 | 18.4M | -- | 164,000 | -3.0M | -5.2M |
| Fair Value Change Income | 34,900 | -- | -11,900 | -2.6M | -1.8M | -- | -131,300 | 999,800 | -868,600 |
| Asset Disposal Income | -1.3M | 1.9M | -74,300 | -45,600 | 65,900 | 70,300 | -- | 87.00 | -- |
| Asset Impairment Loss | 156.0M | 136.0M | 3.7M | 3.6M | 7.3M | 2.6M | 7.6M | 8.3M | 1.5M |
| Other Income | 40.9M | 39.4M | 29.8M | 42.6M | 35.9M | 26.1M | 10.9M | 512,300 | -- |
| Income Before Tax | 64.6M | 54.9M | 221.0M | 101.0M | 204.0M | 155.0M | 103.0M | 4.9M | 20.0M |
| Income Tax | 14.5M | 9.2M | 8.3M | 3.7M | 15.7M | 16.9M | 13.0M | 4.1M | 1.2M |
| Net Income | 50.1M | 45.6M | 212.0M | 97.0M | 188.0M | 138.0M | 89.6M | 730,900 | 18.8M |
| Net Margin % | 3.7% | 2.9% | 11.2% | 5.4% | 15.4% | 16.1% | 11.4% | 0.2% | 9.1% |
| Net Income Attributable | 50.1M | 45.6M | 212.0M | 97.0M | 188.0M | 138.0M | 89.6M | 730,900 | 18.8M |
| Eps Basic | 0.49 | 0.45 | 2.07 | 0.94 | 2.26 | 2.51 | 1.78 | 0.02 | 0.63 |
| Eps Diluted | 0.49 | 0.45 | 2.07 | 0.94 | 2.26 | 2.51 | 1.78 | 0.02 | 0.63 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 273.0M | 235.0M | 373.0M | 328.0M | 415.0M | 78.0M | 39.4M | 9.6M | 10.8M |
| Trading Financial Assets | 49.0M | -- | -- | -- | -- | -- | -- | 630,900 | 3.6M |
| Accounts Receivable | 267.0M | 309.0M | 379.0M | 316.0M | 156.0M | 162.0M | 128.0M | 70.7M | 43.1M |
| Notes And Accounts Receivable | 267.0M | 309.0M | 379.0M | 316.0M | 156.0M | 162.0M | 128.0M | 70.7M | 43.1M |
| Prepayments | 8.8M | 14.1M | 13.9M | 21.7M | 26.9M | 16.4M | 2.7M | 3.9M | 4.7M |
| Inventory | 250.0M | 386.0M | 347.0M | 420.0M | 261.0M | 154.0M | 128.0M | 80.3M | 47.9M |
| Total Current Assets | 910.0M | 998.0M | 1.1B | 1.1B | 1.1B | 479.0M | 347.0M | 180.0M | 128.0M |
| Long Term Equity Investment | 46.8M | 47.8M | 48.2M | 34.2M | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.0B | 709.0M | 469.0M | 442.0M | 356.0M | 256.0M | 82.5M | -- |
| Fixed Assets Total | 914.0M | 1.0B | 709.0M | 469.0M | 442.0M | 356.0M | 256.0M | 82.5M | 54.5M |
| Construction In Progress | -- | 47.8M | 363.0M | 386.0M | 55.9M | 45.9M | 77,300 | 337,600 | -- |
| Construction In Progress Total | 55.4M | 47.8M | 363.0M | 386.0M | 55.9M | 45.9M | 77,300 | 337,600 | -- |
| Intangible Assets | 148.0M | 153.0M | 136.0M | 136.0M | 55.9M | 44.1M | 29.5M | -- | -- |
| Long Term Deferred Expenses | 3.6M | 4.0M | 4.7M | 8.5M | 6.8M | 6.1M | 7.0M | 4.2M | 638,600 |
| Total Non Current Assets | 1.2B | 1.3B | 1.3B | 1.1B | 648.0M | 458.0M | 315.0M | 94.7M | 59.9M |
| Total Assets | 2.1B | 2.3B | 2.5B | 2.3B | 1.7B | 936.0M | 662.0M | 275.0M | 188.0M |
| Short Term Borrowings | 360.0M | 541.0M | 587.0M | 586.0M | 193.0M | 194.0M | 152.0M | 61.8M | 82.0M |
| Accounts Payable | 144.0M | 239.0M | 257.0M | 249.0M | 210.0M | 144.0M | 118.0M | 62.9M | 44.7M |
| Advance Receipts | 181,600 | -- | -- | -- | -- | 4.5M | 2.2M | 2.3M | 1.9M |
| Contract Liabilities | 4.5M | 3.1M | 3.3M | 2.9M | 2.1M | -- | -- | -- | -- |
| Total Current Liabilities | 587.0M | 911.0M | 990.0M | 955.0M | 501.0M | 464.0M | 361.0M | 176.0M | 147.0M |
| Long Term Borrowings | 113.0M | -- | -- | 689,700 | 2.4M | -- | -- | -- | -- |
| Total Non Current Liabilities | 129.0M | 9.4M | 35.8M | 45.8M | 30.5M | 54.8M | 10.6M | 4.2M | -- |
| Total Liabilities | 716.0M | 920.0M | 1.0B | 1.0B | 532.0M | 518.0M | 372.0M | 180.0M | 147.0M |
| Paid In Capital | 103.0M | 103.0M | 103.0M | 103.0M | 73.3M | 55.0M | 55.0M | 45.5M | 30.0M |
| Capital Reserve | 719.0M | 719.0M | 719.0M | 719.0M | 748.0M | 145.0M | 145.0M | 37.7M | -- |
| Surplus Reserve | 51.3M | 51.3M | 49.7M | 40.0M | 36.7M | 24.4M | 10.1M | 1.4M | 986,000 |
| Retained Earnings | 579.0M | 590.0M | 606.0M | 434.0M | 362.0M | 195.0M | 79.6M | 10.3M | 10.0M |
| Equity Attributable | 1.4B | 1.4B | 1.5B | 1.3B | 1.2B | 418.0M | 290.0M | 94.9M | 41.0M |
| Total Equity | 1.4B | 1.4B | 1.5B | 1.3B | 1.2B | 418.0M | 290.0M | 94.9M | 41.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.5B | 1.7B | 1.9B | 1.6B | 1.2B | 834.0M | 731.0M | 361.0M | 167.0M |
| Tax Refunds Received | 130.0M | 194.0M | 209.0M | 223.0M | 189.0M | 125.0M | 87.0M | 36.0M | 14.3M |
| Total Operating Cash Inflow | 1.6B | 1.9B | 2.1B | 1.8B | 1.4B | 971.0M | 821.0M | 398.0M | 182.0M |
| Cash Paid For Goods | 900.0M | 1.3B | 1.4B | 1.6B | 948.0M | 563.0M | 639.0M | 297.0M | 163.0M |
| Cash Paid To Employees | 146.0M | 154.0M | 151.0M | 184.0M | 122.0M | 96.1M | 74.3M | 31.2M | 20.0M |
| Taxes Paid | 65.0M | 68.5M | 51.8M | 49.1M | 65.5M | 47.0M | 22.0M | 7.5M | 250,600 |
| Total Operating Cash Outflow | 1.2B | 1.7B | 1.7B | 1.9B | 1.2B | 787.0M | 806.0M | 367.0M | 195.0M |
| Operating Cash Flow | 376.0M | 218.0M | 349.0M | -109.0M | 190.0M | 184.0M | 15.2M | 31.6M | -13.0M |
| Total Investing Cash Inflow | 36.5M | 1.9M | 10.2M | 348.0M | 47.1M | 245,500 | -- | 44.9M | 113.0M |
| Total Investing Cash Outflow | 221.0M | 184.0M | 296.0M | 577.0M | 507.0M | 238.0M | 171.0M | 74.2M | 108.0M |
| Investing Cash Flow | -185.0M | -182.0M | -286.0M | -228.0M | -460.0M | -238.0M | -171.0M | -29.3M | 4.4M |
| Cash From Borrowings | 358.0M | 488.0M | 897.0M | 901.0M | 411.0M | 308.0M | 260.0M | 105.0M | 82.0M |
| Dividends And Interest Paid | 70.1M | 72.4M | 49.1M | 33.7M | 18.8M | 19.0M | 5.9M | 5.3M | 5.4M |
| Debt Repayments | 414.0M | 638.0M | 1.0B | 527.0M | 404.0M | 268.0M | 171.0M | 125.0M | 65.0M |
| Total Financing Cash Inflow | 705.0M | 893.0M | 1.1B | 948.0M | 1.1B | 383.0M | 411.0M | 164.0M | 95.3M |
| Total Financing Cash Outflow | 897.0M | 1.1B | 1.2B | 624.0M | 483.0M | 301.0M | 238.0M | 161.0M | 88.6M |
| Financing Cash Flow | -191.0M | -164.0M | -69.3M | 323.0M | 585.0M | 82.1M | 173.0M | 2.8M | 6.6M |
| Net Change In Cash | 10.2M | -130.0M | 41.3M | -25.3M | 293.0M | 29.4M | 16.5M | 4.0M | -2.0M |
| Ending Cash Balance | 240.0M | 230.0M | 360.0M | 319.0M | 344.0M | 50.8M | 21.4M | 5.0M | 942,200 |
| Capex | 127.0M | 184.0M | 269.0M | 443.0M | 231.0M | 238.0M | 171.0M | 33.9M | 25.5M |