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 | 3.2B | 2.6B | 2.7B | 2.6B | 1.5B |
| Revenue Growth % | 21.2% | -3.3% | 5.4% | 67.7% | -- |
| Total Revenue | 3.2B | 2.6B | 2.7B | 2.6B | 1.5B |
| Cost Of Revenue | 2.5B | 1.9B | 2.2B | 2.0B | 1.0B |
| Gross Profit | 658.0M | 659.0M | 524.0M | 557.0M | 485.0M |
| Gross Margin % | 20.8% | 25.3% | 19.5% | 21.8% | 31.8% |
| Total Operating Cost | 2.9B | 2.3B | 2.4B | 2.3B | 1.3B |
| Selling Expenses | 172.0M | 111.0M | 82.7M | 79.2M | 103.0M |
| Admin Expenses | 105.0M | 83.5M | 62.8M | 65.2M | 59.6M |
| Rd Expenses | 112.0M | 102.0M | 110.0M | 110.0M | 76.4M |
| Finance Expenses | -8.1M | -9.5M | -4.2M | -871,600 | 6.8M |
| Operating Income | 281.0M | 357.0M | 277.0M | 303.0M | 230.0M |
| Operating Margin % | 8.9% | 13.7% | 10.3% | 11.9% | 15.1% |
| Non Operating Income | 70,900 | 211,900 | 325,500 | 851,100 | 222,300 |
| Non Operating Expenses | 1.7M | 1.8M | 1.1M | 4.4M | 633,300 |
| Investment Income | 5.0M | 3.5M | 6.4M | 5.6M | 2.4M |
| Fair Value Change Income | -- | 320,700 | 1.2M | -- | -- |
| Asset Disposal Income | 624,900 | -7.5M | -1.0M | -1.6M | -81,100 |
| Asset Impairment Loss | 62,500 | 1.9M | 143,400 | 594,700 | 3.6M |
| Other Income | 24.2M | 28.4M | 18.2M | 27.0M | 19.0M |
| Income Before Tax | 279.0M | 355.0M | 276.0M | 299.0M | 230.0M |
| Income Tax | 38.2M | 40.3M | 26.0M | 31.7M | 28.8M |
| Net Income | 241.0M | 315.0M | 250.0M | 268.0M | 201.0M |
| Net Margin % | 7.6% | 12.1% | 9.3% | 10.5% | 13.2% |
| Net Income Attributable | 238.0M | 315.0M | 250.0M | 268.0M | 201.0M |
| Minority Interest | 3.3M | -- | -- | -- | -225,800 |
| Eps Basic | 0.61 | 0.81 | 0.64 | 0.70 | 0.61 |
| Eps Diluted | 0.61 | 0.81 | 0.64 | 0.70 | 0.61 |
| 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 | 932.0M | 898.0M | 728.0M | 934.0M | 299.0M |
| Trading Financial Assets | -- | 100.0M | 224.0M | -- | -- |
| Accounts Receivable | 647.0M | 473.0M | 488.0M | 510.0M | 300.0M |
| Notes Receivable | 222.0M | 149.0M | 188.0M | 186.0M | 151.0M |
| Notes And Accounts Receivable | 869.0M | 622.0M | 677.0M | 695.0M | 451.0M |
| Prepayments | 72.1M | 11.6M | 8.3M | 5.2M | 7.4M |
| Inventory | 482.0M | 315.0M | 276.0M | 370.0M | 248.0M |
| Total Current Assets | 2.6B | 2.1B | 2.0B | 2.2B | 1.1B |
| Long Term Equity Investment | -- | -- | -- | -- | 6.8M |
| Fixed Assets | -- | 613.0M | 561.0M | 530.0M | 465.0M |
| Fixed Assets Total | 872.0M | 613.0M | 561.0M | 530.0M | 465.0M |
| Construction In Progress | -- | 178.0M | 108.0M | 92.1M | 103.0M |
| Construction In Progress Total | 187.0M | 178.0M | 108.0M | 92.1M | 103.0M |
| Intangible Assets | 119.0M | 90.3M | 93.7M | 84.1M | 93.8M |
| Long Term Deferred Expenses | 26.6M | 21.3M | 1.6M | 800,400 | 983,700 |
| Total Non Current Assets | 1.5B | 1.1B | 858.0M | 782.0M | 739.0M |
| Total Assets | 4.1B | 3.2B | 2.8B | 3.0B | 1.8B |
| Short Term Borrowings | 251.0M | 276.0M | 235.0M | 82.0M | 308.0M |
| Accounts Payable | 409.0M | 236.0M | 181.0M | 187.0M | 223.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 62.5M | 41.5M | 33.8M | 49.1M | 36.7M |
| Total Current Liabilities | 1.5B | 738.0M | 564.0M | 848.0M | 698.0M |
| Long Term Borrowings | -- | 17.2M | -- | -- | 18.8M |
| Total Non Current Liabilities | 45.0M | 44.1M | 30.3M | 34.0M | 55.3M |
| Total Liabilities | 1.5B | 782.0M | 594.0M | 882.0M | 753.0M |
| Paid In Capital | 393.0M | 391.0M | 391.0M | 391.0M | 331.0M |
| Capital Reserve | 834.0M | 837.0M | 826.0M | 824.0M | 48.8M |
| Surplus Reserve | 120.0M | 111.0M | 104.0M | 72.7M | 63.0M |
| Retained Earnings | 1.2B | 1.1B | 901.0M | 799.0M | 619.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 2.6B | 2.4B | 2.2B | 2.1B | 1.0B |
| Total Equity | 2.6B | 2.4B | 2.2B | 2.1B | 1.0B |
| 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 | 2.0B | 1.5B | 1.6B | 1.4B | 845.0M |
| Tax Refunds Received | 25.9M | 8.3M | 35.6M | 4.1M | 3.1M |
| Total Operating Cash Inflow | 2.1B | 1.6B | 1.7B | 1.4B | 873.0M |
| Cash Paid For Goods | 1.1B | 663.0M | 1.2B | 886.0M | 365.0M |
| Cash Paid To Employees | 288.0M | 224.0M | 204.0M | 175.0M | 115.0M |
| Taxes Paid | 147.0M | 161.0M | 89.8M | 115.0M | 94.6M |
| Total Operating Cash Outflow | 1.6B | 1.1B | 1.5B | 1.2B | 650.0M |
| Operating Cash Flow | 484.0M | 436.0M | 127.0M | 176.0M | 222.0M |
| Total Investing Cash Inflow | 1.1B | 812.0M | 828.0M | 898.0M | 6.0M |
| Total Investing Cash Outflow | 1.4B | 1.0B | 1.2B | 973.0M | 298.0M |
| Investing Cash Flow | -310.0M | -220.0M | -324.0M | -74.8M | -292.0M |
| Cash From Borrowings | 267.0M | 295.0M | 235.0M | 82.0M | 303.0M |
| Dividends And Interest Paid | 126.0M | 125.0M | 122.0M | 84.9M | 72.8M |
| Debt Repayments | 338.0M | 234.0M | 82.0M | 328.0M | 22.2M |
| Total Financing Cash Inflow | 283.0M | 295.0M | 235.0M | 914.0M | 305.0M |
| Total Financing Cash Outflow | 466.0M | 361.0M | 206.0M | 415.0M | 95.6M |
| Financing Cash Flow | -182.0M | -65.8M | 28.7M | 499.0M | 210.0M |
| Net Change In Cash | -7.3M | 150.0M | -168.0M | 600.0M | 140.0M |
| Ending Cash Balance | 870.0M | 877.0M | 727.0M | 895.0M | 296.0M |
| Capex | 169.0M | 189.0M | 107.0M | 87.8M | 71.4M |