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 | 4.7B | 4.1B | 3.5B | 2.5B | 1.6B |
| Revenue Growth % | 14.8% | 17.5% | 38.5% | 57.4% | -- |
| Total Revenue | 4.7B | 4.1B | 3.5B | 2.5B | 1.6B |
| Cost Of Revenue | 3.5B | 3.0B | 2.6B | 1.8B | 1.1B |
| Gross Profit | 1.2B | 1.1B | 937.0M | 727.0M | 492.0M |
| Gross Margin % | 25.0% | 26.9% | 26.8% | 28.8% | 30.7% |
| Total Operating Cost | 4.6B | 3.8B | 3.3B | 2.3B | 1.5B |
| Selling Expenses | 376.0M | 362.0M | 292.0M | 232.0M | 163.0M |
| Admin Expenses | 247.0M | 226.0M | 206.0M | 177.0M | 105.0M |
| Rd Expenses | 136.0M | 126.0M | 96.6M | 64.3M | 42.3M |
| Finance Expenses | 47.3M | 29.2M | 17.9M | 22.8M | 19.1M |
| Operating Income | 152.0M | 342.0M | 320.0M | 226.0M | 144.0M |
| Operating Margin % | 3.2% | 8.3% | 9.2% | 9.0% | 9.0% |
| Non Operating Income | 3.6M | 17.9M | 4.0M | 1.4M | 3.7M |
| Non Operating Expenses | 2.3M | 3.6M | 16.1M | 14.8M | 1.7M |
| Investment Income | 2.8M | 5.7M | 11.1M | 9.4M | 4.3M |
| Fair Value Change Income | 349,400 | -7.3M | -- | 388,400 | -- |
| Asset Disposal Income | -398,200 | 305,200 | 41.7M | -126,800 | -4.4M |
| Asset Impairment Loss | 130.0M | 19.7M | 50.5M | 14.5M | 40.6M |
| Other Income | 46.2M | 47.1M | 30.7M | 19.8M | 28.3M |
| Income Before Tax | 154.0M | 356.0M | 307.0M | 213.0M | 146.0M |
| Income Tax | 3.8M | -1.8M | 76,100 | 560,800 | -711,800 |
| Net Income | 150.0M | 358.0M | 307.0M | 212.0M | 147.0M |
| Net Margin % | 3.2% | 8.7% | 8.8% | 8.4% | 9.2% |
| Net Income Attributable | 97.1M | 268.0M | 233.0M | 169.0M | 133.0M |
| Minority Interest | 52.7M | 89.4M | 74.0M | 43.4M | 13.4M |
| Eps Basic | 0.10 | 0.28 | 0.25 | 0.26 | 0.32 |
| Eps Diluted | 0.10 | 0.28 | 0.25 | 0.26 | 0.32 |
| 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 | 1.6B | 1.5B | 1.4B | 879.0M | 438.0M |
| Trading Financial Assets | 250.0M | -- | -- | 381.0M | 73.0M |
| Accounts Receivable | 528.0M | 524.0M | 474.0M | 252.0M | 218.0M |
| Notes Receivable | 3.1M | -- | -- | -- | 500,000 |
| Notes And Accounts Receivable | 531.0M | 524.0M | 474.0M | 252.0M | 219.0M |
| Prepayments | 177.0M | 303.0M | 116.0M | 60.7M | 48.7M |
| Inventory | 3.0B | 2.3B | 1.6B | 1.0B | 893.0M |
| Total Current Assets | 5.9B | 5.0B | 3.7B | 2.7B | 1.8B |
| Long Term Equity Investment | 31.7M | 30.4M | 27.9M | 2.0M | 2.8M |
| Fixed Assets | 533.0M | 502.0M | 393.0M | 293.0M | 245.0M |
| Fixed Assets Total | 533.0M | 502.0M | 393.0M | 293.0M | 245.0M |
| Construction In Progress | 112.0M | -- | -- | 10.0M | 5.3M |
| Construction In Progress Total | 112.0M | 42.6M | 39.9M | 10.0M | 5.3M |
| Intangible Assets | 314.0M | 297.0M | 211.0M | 178.0M | 159.0M |
| Long Term Deferred Expenses | 105.0M | 94.2M | 88.6M | 22.8M | 15.2M |
| Total Non Current Assets | 1.7B | 1.7B | 1.4B | 810.0M | 642.0M |
| Total Assets | 7.6B | 6.7B | 5.1B | 3.5B | 2.5B |
| Short Term Borrowings | 1.5B | 724.0M | 558.0M | 138.0M | 496.0M |
| Accounts Payable | 1.5B | 1.3B | 579.0M | 351.0M | 290.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 461.0M | 449.0M | 410.0M | 335.0M | 208.0M |
| Total Current Liabilities | 4.4B | 3.3B | 2.3B | 1.4B | 1.5B |
| Long Term Borrowings | 139.0M | 364.0M | 149.0M | 388.0M | -- |
| Total Non Current Liabilities | 623.0M | 874.0M | 547.0M | 501.0M | 53.7M |
| Total Liabilities | 5.0B | 4.1B | 2.9B | 1.9B | 1.6B |
| Paid In Capital | 947.0M | 947.0M | 677.0M | 454.0M | 430.0M |
| Capital Reserve | 140.0M | 139.0M | 386.0M | 558.0M | 10.3M |
| Surplus Reserve | 55.0M | 45.4M | 27.0M | 17.8M | 9.5M |
| Retained Earnings | 773.0M | 781.0M | 599.0M | 419.0M | 300.0M |
| Minority Equity | 651.0M | 633.0M | 478.0M | 278.0M | 212.0M |
| Equity Attributable | 1.9B | 1.9B | 1.7B | 1.4B | 675.0M |
| Total Equity | 2.6B | 2.6B | 2.2B | 1.7B | 887.0M |
| 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 | 4.7B | 4.2B | 3.7B | 2.9B | 1.7B |
| Tax Refunds Received | 2.2M | 4.0M | 13.6M | 3.3M | 367,400 |
| Total Operating Cash Inflow | 4.9B | 4.3B | 4.0B | 2.9B | 1.8B |
| Cash Paid For Goods | 4.1B | 3.4B | 3.1B | 2.1B | 1.6B |
| Cash Paid To Employees | 366.0M | 317.0M | 231.0M | 170.0M | 121.0M |
| Taxes Paid | 19.8M | 15.3M | 14.1M | 12.2M | 7.9M |
| Total Operating Cash Outflow | 4.8B | 4.0B | 3.6B | 2.5B | 1.8B |
| Operating Cash Flow | 65.4M | 284.0M | 398.0M | 435.0M | -65.0M |
| Total Investing Cash Inflow | 54.0M | 11.4M | 1.7B | 1.5B | 802.0M |
| Total Investing Cash Outflow | 539.0M | 294.0M | 1.7B | 2.0B | 1.0B |
| Investing Cash Flow | -485.0M | -283.0M | 31.9M | -527.0M | -198.0M |
| Cash From Borrowings | 1.9B | 1.2B | 682.0M | 1.1B | 636.0M |
| Dividends And Interest Paid | 185.0M | 132.0M | 101.0M | 89.4M | 78.3M |
| Debt Repayments | 1.2B | 896.0M | 636.0M | 1.0B | 235.0M |
| Total Financing Cash Inflow | 2.0B | 1.2B | 829.0M | 1.6B | 737.0M |
| Total Financing Cash Outflow | 1.4B | 1.1B | 762.0M | 1.2B | 314.0M |
| Financing Cash Flow | 507.0M | 153.0M | 67.1M | 486.0M | 423.0M |
| Net Change In Cash | 88.5M | 152.0M | 500.0M | 396.0M | 157.0M |
| Ending Cash Balance | 1.6B | 1.5B | 1.3B | 831.0M | 435.0M |
| Capex | 220.0M | 194.0M | 130.0M | 131.0M | 75.0M |