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 | 9.0B | 6.5B | 4.4B | 2.1B | 135.0M |
| Revenue Growth % | 38.4% | 47.6% | 112.9% | 1437.0% | -- |
| Total Revenue | 9.0B | 6.5B | 4.4B | 2.1B | 135.0M |
| Cost Of Revenue | 6.0B | 4.1B | 2.7B | 1.3B | 111.0M |
| Gross Profit | 3.1B | 2.4B | 1.7B | 773.0M | 24.0M |
| Gross Margin % | 33.9% | 37.0% | 37.9% | 37.3% | 17.8% |
| Total Operating Cost | 8.8B | 6.1B | 4.1B | 2.1B | 200.0M |
| Selling Expenses | 2.3B | 1.5B | 1.1B | 580.0M | 21.5M |
| Admin Expenses | 440.0M | 416.0M | 243.0M | 150.0M | 40.3M |
| Rd Expenses | 66.2M | 65.2M | 51.7M | 28.9M | 7.1M |
| Finance Expenses | -3.8M | -18.2M | -2.8M | 29.7M | 5.6M |
| Operating Income | 224.0M | 409.0M | 286.0M | -58.2M | -63.6M |
| Operating Margin % | 2.5% | 6.3% | 6.5% | -2.8% | -47.1% |
| Non Operating Income | 336,500 | 2.0M | 2.5M | 89,800 | -- |
| Non Operating Expenses | 7.0M | 4.3M | 438,800 | 548,500 | 2.3M |
| Investment Income | 4.5M | 7.9M | -2.6M | 3.0M | -83,900 |
| Fair Value Change Income | 343,400 | 331,300 | -292,800 | 1.9M | -- |
| Asset Disposal Income | 2.3M | 4.9M | 915,400 | 1.3M | -2.8M |
| Asset Impairment Loss | 73.7M | 37.0M | 9.9M | 9.9M | 4.9M |
| Other Income | 8.9M | 14.6M | 13.5M | 8.6M | 4.3M |
| Income Before Tax | 217.0M | 407.0M | 288.0M | -58.6M | -65.9M |
| Income Tax | 50.0M | 58.7M | 43.3M | 23.3M | -3.4M |
| Net Income | 167.0M | 349.0M | 245.0M | -82.0M | -62.5M |
| Net Margin % | 1.9% | 5.4% | 5.5% | -3.9% | -46.3% |
| Net Income Attributable | 170.0M | 332.0M | 217.0M | -87.4M | -62.5M |
| Minority Interest | -3.2M | 16.4M | 27.7M | 5.5M | -- |
| Eps Basic | 0.43 | 0.88 | 0.76 | -0.43 | -0.51 |
| Eps Diluted | 0.43 | 0.87 | 0.76 | -0.43 | -0.51 |
| 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 | 404.0M | 528.0M | 848.0M | 485.0M | 155.0M |
| Trading Financial Assets | 672,200 | -- | 5.0M | 159.0M | -- |
| Accounts Receivable | 443.0M | 395.0M | 303.0M | 267.0M | 212.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 443.0M | 395.0M | 303.0M | 267.0M | 212.0M |
| Prepayments | 72.0M | 32.0M | 34.8M | 30.5M | 8.3M |
| Inventory | 1.8B | 843.0M | 598.0M | 583.0M | 18.7M |
| Total Current Assets | 2.9B | 2.0B | 1.9B | 1.7B | 596.0M |
| Long Term Equity Investment | 45.6M | 48.4M | 16.6M | 17.3M | 896,100 |
| Fixed Assets | -- | 243.0M | 265.0M | 273.0M | 45.7M |
| Fixed Assets Total | 246.0M | 243.0M | 265.0M | 273.0M | 45.7M |
| Construction In Progress | -- | -- | -- | 2.5M | 182.0M |
| Construction In Progress Total | 9.3M | -- | -- | 2.5M | 182.0M |
| Intangible Assets | 195.0M | 89.0M | 106.0M | 119.0M | 24.7M |
| Long Term Deferred Expenses | 6.1M | 6.0M | 8.0M | 7.9M | -- |
| Total Non Current Assets | 1.5B | 1.2B | 1.2B | 1.3B | 317.0M |
| Total Assets | 4.4B | 3.3B | 3.1B | 3.0B | 912.0M |
| Short Term Borrowings | 122.0M | 904,900 | 62.5M | 936,000 | 70.1M |
| Accounts Payable | 598.0M | 424.0M | 345.0M | 455.0M | 239.0M |
| Advance Receipts | -- | -- | -- | 23,700 | 23,100 |
| Contract Liabilities | 69.9M | 69.6M | 20.8M | 13.9M | 13.6M |
| Total Current Liabilities | 1.3B | 668.0M | 623.0M | 589.0M | 410.0M |
| Long Term Borrowings | 477.0M | 170.0M | -- | 5.3M | 63.1M |
| Total Non Current Liabilities | 744.0M | 454.0M | 167.0M | 192.0M | 63.1M |
| Total Liabilities | 2.1B | 1.1B | 790.0M | 781.0M | 474.0M |
| Paid In Capital | 405.0M | 289.0M | 289.0M | 289.0M | 122.0M |
| Capital Reserve | 1.3B | 1.5B | 1.7B | 1.7B | 170.0M |
| Surplus Reserve | 33.3M | 21.9M | 5.4M | 5.4M | 5.4M |
| Retained Earnings | 630.0M | 587.0M | 271.0M | 53.8M | 141.0M |
| Minority Equity | 34.2M | -- | 135.0M | 101.0M | -- |
| Equity Attributable | 2.3B | 2.1B | 2.2B | 2.1B | 439.0M |
| Total Equity | 2.4B | 2.1B | 2.3B | 2.2B | 439.0M |
| 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 | 9.1B | 6.5B | 4.4B | 2.2B | 306.0M |
| Tax Refunds Received | 50.2M | 18.1M | 21.4M | 7.7M | 95,700 |
| Total Operating Cash Inflow | 9.2B | 6.6B | 4.4B | 2.3B | 352.0M |
| Cash Paid For Goods | 6.7B | 4.3B | 2.8B | 1.2B | 187.0M |
| Cash Paid To Employees | 648.0M | 398.0M | 305.0M | 176.0M | 44.6M |
| Taxes Paid | 98.2M | 78.0M | 35.8M | 50.9M | 10.4M |
| Total Operating Cash Outflow | 9.5B | 6.2B | 4.1B | 2.0B | 324.0M |
| Operating Cash Flow | -330.0M | 366.0M | 285.0M | 323.0M | 28.2M |
| Total Investing Cash Inflow | 598.0M | 1.3B | 1.4B | 514.0M | 14,000 |
| Total Investing Cash Outflow | 900.0M | 1.4B | 1.2B | 771.0M | 28.6M |
| Investing Cash Flow | -302.0M | -136.0M | 144.0M | -257.0M | -28.6M |
| Cash From Borrowings | 551.0M | 230.0M | 60.6M | 20.0M | 110.0M |
| Dividends And Interest Paid | 128.0M | 5.4M | 1.7M | 4.1M | 7.8M |
| Debt Repayments | 59.3M | 102.0M | 6.5M | 187.0M | 106.0M |
| Total Financing Cash Inflow | 756.0M | 240.0M | 119.0M | 496.0M | 110.0M |
| Total Financing Cash Outflow | 241.0M | 836.0M | 201.0M | 209.0M | 114.0M |
| Financing Cash Flow | 515.0M | -596.0M | -81.6M | 287.0M | -3.8M |
| Net Change In Cash | -108.0M | -340.0M | 360.0M | 338.0M | -4.2M |
| Ending Cash Balance | 390.0M | 498.0M | 838.0M | 478.0M | 141.0M |
| Capex | 122.0M | 24.3M | 9.1M | 53.8M | 27.6M |