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 | 3.4B | 3.5B | 3.5B | 2.7B | 1.9B |
| Revenue Growth % | -0.7% | -1.8% | 30.0% | 39.2% | -- |
| Total Revenue | 3.4B | 3.5B | 3.5B | 2.7B | 1.9B |
| Cost Of Revenue | 2.8B | 2.7B | 2.5B | 2.1B | 1.6B |
| Gross Profit | 623.0M | 771.0M | 973.0M | 618.0M | 378.0M |
| Gross Margin % | 18.2% | 22.3% | 27.7% | 22.8% | 19.5% |
| Total Operating Cost | 3.2B | 3.1B | 2.9B | 2.4B | 1.8B |
| Selling Expenses | 78.6M | 72.1M | 62.0M | 56.7M | 44.4M |
| Admin Expenses | 161.0M | 175.0M | 197.0M | 112.0M | 101.0M |
| Rd Expenses | 88.6M | 84.3M | 78.5M | 77.7M | 45.5M |
| Finance Expenses | 21.8M | 10.0M | -25.8M | 30.0M | 21.9M |
| Operating Income | 249.0M | 384.0M | 628.0M | 350.0M | 158.0M |
| Operating Margin % | 7.3% | 11.1% | 17.9% | 12.9% | 8.1% |
| Non Operating Income | 1.9M | 1.8M | 3.9M | 1.1M | 1.9M |
| Non Operating Expenses | 13.9M | 4.9M | 4.8M | 3.0M | 3.5M |
| Investment Income | 5.5M | 5.2M | 5.9M | 2.8M | 2.1M |
| Fair Value Change Income | -38,000 | -915,000 | 1.0M | 10.1M | 575,700 |
| Asset Disposal Income | 415,600 | -- | -46,200 | -311,100 | 123,500 |
| Asset Impairment Loss | 15.1M | -824,500 | 17.4M | 729,400 | 492,000 |
| Other Income | 12.3M | 10.4M | 8.8M | 14.8M | 9.6M |
| Income Before Tax | 237.0M | 381.0M | 627.0M | 348.0M | 156.0M |
| Income Tax | 45.2M | 77.1M | 112.0M | 64.3M | 30.3M |
| Net Income | 192.0M | 304.0M | 515.0M | 284.0M | 126.0M |
| Net Margin % | 5.6% | 8.8% | 14.6% | 10.5% | 6.5% |
| Net Income Attributable | 192.0M | 304.0M | 515.0M | 284.0M | 126.0M |
| Minority Interest | 118,300 | 400.00 | -- | -- | -- |
| Eps Basic | 0.47 | 0.75 | 1.34 | 0.77 | 0.34 |
| Eps Diluted | 0.47 | 0.73 | 1.34 | 0.76 | 0.34 |
| 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 | 546.0M | 535.0M | 375.0M | 202.0M | 173.0M |
| Trading Financial Assets | 208.0M | 343.0M | 85.5M | -- | 500,000 |
| Accounts Receivable | 1.0B | 950.0M | 982.0M | 741.0M | 560.0M |
| Notes Receivable | 66.9M | 77.7M | 14.7M | 13.9M | 445,500 |
| Notes And Accounts Receivable | 1.1B | 1.0B | 997.0M | 755.0M | 561.0M |
| Prepayments | 50.7M | 49.1M | 43.2M | 42.6M | 39.5M |
| Inventory | 493.0M | 402.0M | 415.0M | 306.0M | 196.0M |
| Total Current Assets | 2.6B | 2.8B | 2.2B | 1.4B | 1.2B |
| Long Term Equity Investment | 37.9M | 28.2M | 27.8M | 25.9M | 24.4M |
| Fixed Assets | -- | 888.0M | 987.0M | 857.0M | 745.0M |
| Fixed Assets Total | 1.3B | 888.0M | 987.0M | 857.0M | 745.0M |
| Construction In Progress | -- | 493.0M | 126.0M | 218.0M | 178.0M |
| Construction In Progress Total | 267.0M | 493.0M | 126.0M | 218.0M | 178.0M |
| Intangible Assets | 196.0M | 110.0M | 85.9M | 74.2M | 76.5M |
| Long Term Deferred Expenses | 8.2M | 13.2M | 1.6M | 2.1M | 291,000 |
| Total Non Current Assets | 1.9B | 1.6B | 1.3B | 1.2B | 1.1B |
| Total Assets | 4.5B | 4.4B | 3.5B | 2.7B | 2.3B |
| Short Term Borrowings | 218.0M | 124.0M | 100.0M | 254.0M | 220.0M |
| Accounts Payable | 277.0M | 241.0M | 216.0M | 199.0M | 201.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.3M | 4.3M | 12.5M | 8.6M | 3.8M |
| Total Current Liabilities | 661.0M | 663.0M | 672.0M | 706.0M | 632.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 306.0M | 546.0M | 89.9M | 22.9M | 17.9M |
| Total Liabilities | 967.0M | 1.2B | 762.0M | 729.0M | 650.0M |
| Paid In Capital | 449.0M | 409.0M | 405.0M | 375.0M | 375.0M |
| Capital Reserve | 1.4B | 1.1B | 1.0B | 670.0M | 680.0M |
| Surplus Reserve | 191.0M | 173.0M | 143.0M | 114.0M | 97.2M |
| Retained Earnings | 1.4B | 1.4B | 1.2B | 761.0M | 550.0M |
| Minority Equity | 1.2M | 400.00 | -- | -- | -- |
| Equity Attributable | 3.5B | 3.2B | 2.8B | 1.9B | 1.7B |
| Total Equity | 3.5B | 3.2B | 2.8B | 1.9B | 1.7B |
| 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 | 2.3B | 2.3B | 2.2B | 1.7B | 1.1B |
| Tax Refunds Received | 98.1M | 70.9M | 82.5M | 60.6M | 32.2M |
| Total Operating Cash Inflow | 2.5B | 2.4B | 2.4B | 1.8B | 1.2B |
| Cash Paid For Goods | 1.5B | 1.5B | 1.5B | 1.3B | 708.0M |
| Cash Paid To Employees | 322.0M | 306.0M | 270.0M | 233.0M | 180.0M |
| Taxes Paid | 112.0M | 121.0M | 169.0M | 73.4M | 55.0M |
| Total Operating Cash Outflow | 2.1B | 2.1B | 2.0B | 1.7B | 1.0B |
| Operating Cash Flow | 380.0M | 322.0M | 335.0M | 150.0M | 178.0M |
| Total Investing Cash Inflow | 2.2B | 978.0M | 46.6M | 4.9M | 72.7M |
| Total Investing Cash Outflow | 2.2B | 1.7B | 365.0M | 138.0M | 289.0M |
| Investing Cash Flow | -58.2M | -673.0M | -318.0M | -133.0M | -217.0M |
| Cash From Borrowings | 190.0M | 125.0M | 120.0M | 396.0M | 260.0M |
| Dividends And Interest Paid | 129.0M | 84.7M | 42.9M | 70.9M | 120.0M |
| Debt Repayments | 124.0M | 101.0M | 272.0M | 362.0M | 130.0M |
| Total Financing Cash Inflow | 273.0M | 930.0M | 613.0M | 610.0M | 369.0M |
| Total Financing Cash Outflow | 564.0M | 420.0M | 490.0M | 580.0M | 461.0M |
| Financing Cash Flow | -291.0M | 510.0M | 122.0M | 29.4M | -91.8M |
| Net Change In Cash | 38.5M | 164.0M | 149.0M | 42.8M | -132.0M |
| Ending Cash Balance | 526.0M | 488.0M | 323.0M | 174.0M | 131.0M |
| Capex | 370.0M | 317.0M | 172.0M | 138.0M | 229.0M |