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 | 1.7B | 1.7B | 1.7B | 1.2B | 777.0M |
| Revenue Growth % | 4.3% | -0.6% | 46.0% | 48.5% | -- |
| Total Revenue | 1.7B | 1.7B | 1.7B | 1.2B | 777.0M |
| Cost Of Revenue | 1.3B | 1.4B | 1.4B | 890.0M | 577.0M |
| Gross Profit | 476.0M | 325.0M | 322.0M | 264.0M | 200.0M |
| Gross Margin % | 27.2% | 19.4% | 19.1% | 22.9% | 25.7% |
| Total Operating Cost | 1.6B | 1.6B | 1.5B | 1.0B | 695.0M |
| Selling Expenses | 48.7M | 42.4M | 23.3M | 9.8M | 12.3M |
| Admin Expenses | 133.0M | 115.0M | 67.3M | 34.8M | 38.9M |
| Rd Expenses | 114.0M | 121.0M | 85.5M | 62.2M | 53.9M |
| Finance Expenses | -18.0M | -35.1M | -24.2M | -3.5M | -843,700 |
| Operating Income | 192.0M | 125.0M | 234.0M | 174.0M | 98.3M |
| Operating Margin % | 11.0% | 7.5% | 13.9% | 15.1% | 12.7% |
| Non Operating Income | 438,000 | 5,100 | 182,800 | 9.8M | 12,800 |
| Non Operating Expenses | 2.7M | 8.7M | 100.00 | 600,500 | 828,500 |
| Investment Income | 4.5M | 45.4M | 44.4M | 9.8M | 1.9M |
| Fair Value Change Income | 5.1M | 4.3M | 12.2M | 4.0M | -- |
| Asset Disposal Income | -515,700 | 6,000 | 301,000 | -20,300 | -- |
| Asset Impairment Loss | 31.6M | 35.9M | 5.1M | 7.1M | 5.1M |
| Other Income | 22.8M | 37.8M | 25.8M | 15.9M | 15.2M |
| Income Before Tax | 190.0M | 117.0M | 235.0M | 184.0M | 97.5M |
| Income Tax | -20.6M | 2.5M | 24.1M | 21.3M | 9.1M |
| Net Income | 211.0M | 114.0M | 210.0M | 162.0M | 88.5M |
| Net Margin % | 12.1% | 6.8% | 12.5% | 14.0% | 11.4% |
| Net Income Attributable | 72.1M | 81.5M | 201.0M | 162.0M | 88.5M |
| Minority Interest | 139.0M | 32.6M | 9.4M | -- | -- |
| Eps Basic | 0.25 | 0.30 | 0.77 | 0.65 | 0.59 |
| Eps Diluted | 0.25 | 0.30 | 0.77 | 0.64 | 0.58 |
| 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 | 991.0M | 1.1B | 1.2B | 443.0M | 84.3M |
| Trading Financial Assets | 630.0M | 156.0M | 317.0M | 325.0M | 85.0M |
| Accounts Receivable | 403.0M | 428.0M | 459.0M | 239.0M | 208.0M |
| Notes Receivable | 142.0M | 153.0M | 233.0M | 147.0M | 62.3M |
| Notes And Accounts Receivable | 545.0M | 581.0M | 692.0M | 387.0M | 270.0M |
| Prepayments | 8.5M | 5.2M | 4.2M | 2.5M | 2.3M |
| Inventory | 332.0M | 320.0M | 511.0M | 287.0M | 242.0M |
| Total Current Assets | 2.5B | 2.2B | 2.8B | 1.6B | 708.0M |
| Long Term Equity Investment | 38.8M | 78.3M | 48.7M | 4.0M | 3.9M |
| Fixed Assets | -- | 371.0M | 227.0M | 176.0M | 161.0M |
| Fixed Assets Total | 374.0M | 371.0M | 227.0M | 176.0M | 161.0M |
| Construction In Progress | -- | 153.0M | 122.0M | 3.9M | 6.2M |
| Construction In Progress Total | 189.0M | 153.0M | 122.0M | 3.9M | 6.2M |
| Intangible Assets | 77.1M | 88.2M | 24.7M | 15.4M | 9.9M |
| Long Term Deferred Expenses | 1.1M | 4.7M | 9.4M | 8.3M | 8.2M |
| Total Non Current Assets | 992.0M | 991.0M | 568.0M | 324.0M | 304.0M |
| Total Assets | 3.5B | 3.2B | 3.3B | 1.9B | 1.0B |
| Short Term Borrowings | -- | -- | 127.0M | 83.2M | 73.7M |
| Accounts Payable | 285.0M | 261.0M | 361.0M | 118.0M | 113.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.4M | 7.8M | 1.8M | 179,300 | 754,100 |
| Total Current Liabilities | 602.0M | 990.0M | 774.0M | 346.0M | 281.0M |
| Long Term Borrowings | 445.0M | 5.5M | -- | -- | -- |
| Total Non Current Liabilities | 524.0M | 92.3M | 66.5M | 10.0M | 8.6M |
| Total Liabilities | 1.1B | 1.1B | 840.0M | 356.0M | 289.0M |
| Paid In Capital | 289.0M | 286.0M | 262.0M | 174.0M | 150.0M |
| Capital Reserve | 777.0M | 709.0M | 1.1B | 810.0M | 198.0M |
| Surplus Reserve | 84.2M | 84.2M | 75.1M | 62.6M | 50.5M |
| Retained Earnings | 628.0M | 578.0M | 564.0M | 480.0M | 330.0M |
| Minority Equity | 658.0M | 492.0M | 453.0M | -- | -- |
| Equity Attributable | 1.8B | 1.6B | 2.0B | 1.5B | 723.0M |
| Total Equity | 2.4B | 2.1B | 2.5B | 1.5B | 723.0M |
| 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 | 1.6B | 1.4B | 1.1B | 886.0M | 509.0M |
| Tax Refunds Received | 29.4M | 41.5M | 52.8M | 25.8M | 17.4M |
| Total Operating Cash Inflow | 1.7B | 1.5B | 1.2B | 953.0M | 545.0M |
| Cash Paid For Goods | 1.0B | 1.1B | 811.0M | 616.0M | 412.0M |
| Cash Paid To Employees | 245.0M | 245.0M | 203.0M | 161.0M | 124.0M |
| Taxes Paid | 27.1M | 49.1M | 72.7M | 50.3M | 26.3M |
| Total Operating Cash Outflow | 1.4B | 1.4B | 1.1B | 856.0M | 597.0M |
| Operating Cash Flow | 318.0M | 84.3M | 51.9M | 96.5M | -52.4M |
| Total Investing Cash Inflow | 1.6B | 1.0B | 1.5B | 1.1B | 300.0M |
| Total Investing Cash Outflow | 2.0B | 1.6B | 1.4B | 1.5B | 390.0M |
| Investing Cash Flow | -482.0M | -543.0M | 98.4M | -368.0M | -90.1M |
| Cash From Borrowings | 497.0M | -- | 24.1M | 99.2M | 104.0M |
| Dividends And Interest Paid | 35.0M | 59.8M | 70.3M | 641,800 | 5.3M |
| Debt Repayments | 5.3M | 2.3M | 110.0M | 88.1M | 27.3M |
| Total Financing Cash Inflow | 573.0M | 495.0M | 281.0M | 733.0M | 113.0M |
| Total Financing Cash Outflow | 559.0M | 91.6M | 186.0M | 94.4M | 33.9M |
| Financing Cash Flow | 13.5M | 403.0M | 94.9M | 639.0M | 79.5M |
| Net Change In Cash | -149.0M | -50.6M | 248.0M | 365.0M | -65.8M |
| Ending Cash Balance | 989.0M | 1.1B | 1.2B | 443.0M | 78.1M |
| Capex | 110.0M | 221.0M | 123.0M | 55.4M | 60.7M |