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 | 3.0B | 2.7B | 1.5B | 1.0B | 771.0M |
| Revenue Growth % | 14.5% | 76.4% | 47.2% | 32.4% | -- |
| Total Revenue | 3.0B | 2.7B | 1.5B | 1.0B | 771.0M |
| Cost Of Revenue | 1.8B | 1.6B | 844.0M | 577.0M | 400.0M |
| Gross Profit | 1.2B | 1.1B | 659.0M | 444.0M | 371.0M |
| Gross Margin % | 39.2% | 41.0% | 43.8% | 43.5% | 48.1% |
| Total Operating Cost | 2.6B | 2.3B | 1.3B | 926.0M | 677.0M |
| Selling Expenses | 363.0M | 331.0M | 209.0M | 147.0M | 117.0M |
| Admin Expenses | 113.0M | 94.2M | 58.9M | 53.7M | 39.3M |
| Rd Expenses | 257.0M | 231.0M | 148.0M | 113.0M | 80.4M |
| Finance Expenses | 1.8M | -11.3M | -2.0M | 7.6M | 6.8M |
| Operating Income | 463.0M | 457.0M | 248.0M | 124.0M | 121.0M |
| Operating Margin % | 15.3% | 17.2% | 16.5% | 12.1% | 15.7% |
| Non Operating Income | 2.6M | 1.5M | 1.1M | 1.2M | 456,000 |
| Non Operating Expenses | 2.7M | 2.0M | 2.4M | 492,600 | 93,100 |
| Investment Income | -- | -- | 1.8M | -2.3M | -2.2M |
| Fair Value Change Income | 5.6M | 5.2M | 3.6M | 5.4M | 5.3M |
| Asset Disposal Income | 670,200 | 581,100 | 26,500 | -12,600 | -- |
| Asset Impairment Loss | 26.8M | 23.6M | 12.1M | 11.4M | 12.8M |
| Other Income | 52.9M | 59.1M | 32.7M | 26.0M | 23.9M |
| Income Before Tax | 462.0M | 456.0M | 246.0M | 125.0M | 122.0M |
| Income Tax | 38.1M | 54.9M | 22.8M | 11.2M | 15.5M |
| Net Income | 424.0M | 401.0M | 224.0M | 113.0M | 106.0M |
| Net Margin % | 14.0% | 15.1% | 14.9% | 11.1% | 13.7% |
| Net Income Attributable | 429.0M | 403.0M | 224.0M | 113.0M | 106.0M |
| Minority Interest | -4.6M | -1.8M | -- | -- | -- |
| Eps Basic | 1.38 | 1.30 | 0.73 | 0.55 | 0.52 |
| Eps Diluted | 1.38 | 1.30 | 0.73 | 0.55 | 0.52 |
| 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 | 525.0M | 542.0M | 333.0M | 257.0M | 193.0M |
| Trading Financial Assets | 373.0M | 264.0M | 166.0M | 40.2M | 171.0M |
| Accounts Receivable | 854.0M | 786.0M | 551.0M | 379.0M | 366.0M |
| Notes Receivable | 168.0M | 132.0M | 86.6M | 64.0M | 45.4M |
| Notes And Accounts Receivable | 1.0B | 919.0M | 638.0M | 443.0M | 411.0M |
| Prepayments | 23.2M | 19.0M | 11.8M | 8.8M | 5.2M |
| Inventory | 701.0M | 727.0M | 483.0M | 272.0M | 143.0M |
| Total Current Assets | 2.8B | 2.6B | 1.7B | 1.1B | 964.0M |
| Long Term Equity Investment | 1.0M | 1.0M | 1.0M | 7.8M | 10.2M |
| Fixed Assets | -- | 402.0M | 180.0M | 176.0M | 21.5M |
| Fixed Assets Total | 419.0M | 402.0M | 180.0M | 176.0M | 21.5M |
| Construction In Progress | -- | 71.4M | 182.0M | 73.4M | 129.0M |
| Construction In Progress Total | 95.0M | 71.4M | 182.0M | 73.4M | 129.0M |
| Intangible Assets | 132.0M | 79.7M | 82.1M | 86.1M | 88.2M |
| Long Term Deferred Expenses | 41.8M | 29.6M | 14.4M | 16.0M | 1.4M |
| Total Non Current Assets | 890.0M | 732.0M | 537.0M | 426.0M | 278.0M |
| Total Assets | 3.7B | 3.3B | 2.3B | 1.5B | 1.2B |
| Short Term Borrowings | 113.0M | 76.5M | 100.0M | 30.0M | 40.1M |
| Accounts Payable | 843.0M | 908.0M | 519.0M | 343.0M | 250.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 251.0M | 284.0M | 155.0M | 68.3M | 44.1M |
| Total Current Liabilities | 1.8B | 1.8B | 1.1B | 626.0M | 482.0M |
| Long Term Borrowings | 80.0M | 102.0M | 71.7M | -- | -- |
| Total Non Current Liabilities | 101.0M | 134.0M | 101.0M | 35.8M | 5.3M |
| Total Liabilities | 1.9B | 1.9B | 1.2B | 662.0M | 487.0M |
| Paid In Capital | 311.0M | 309.0M | 205.0M | 205.0M | 137.0M |
| Capital Reserve | 249.0M | 213.0M | 263.0M | 246.0M | 314.0M |
| Surplus Reserve | 164.0M | 122.0M | 76.8M | 53.6M | 39.2M |
| Retained Earnings | 1.1B | 831.0M | 518.0M | 342.0M | 265.0M |
| Minority Equity | 905,800 | 3.0M | -- | -- | -- |
| Equity Attributable | 1.8B | 1.5B | 1.1B | 846.0M | 755.0M |
| Total Equity | 1.8B | 1.5B | 1.1B | 846.0M | 755.0M |
| 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 | 2.5B | 2.1B | 1.2B | 847.0M | 595.0M |
| Tax Refunds Received | 52.8M | 64.8M | 73.9M | 32.7M | 20.6M |
| Total Operating Cash Inflow | 2.6B | 2.2B | 1.3B | 893.0M | 635.0M |
| Cash Paid For Goods | 1.3B | 1.1B | 640.0M | 417.0M | 248.0M |
| Cash Paid To Employees | 544.0M | 409.0M | 276.0M | 214.0M | 149.0M |
| Taxes Paid | 167.0M | 136.0M | 78.2M | 74.2M | 53.2M |
| Total Operating Cash Outflow | 2.2B | 1.8B | 1.1B | 787.0M | 522.0M |
| Operating Cash Flow | 364.0M | 439.0M | 202.0M | 106.0M | 112.0M |
| Total Investing Cash Inflow | 457.0M | 419.0M | 116.0M | 455.0M | 672.0M |
| Total Investing Cash Outflow | 759.0M | 658.0M | 372.0M | 459.0M | 748.0M |
| Investing Cash Flow | -302.0M | -239.0M | -257.0M | -3.5M | -75.4M |
| Cash From Borrowings | 240.0M | 121.0M | 202.0M | 60.0M | 95.2M |
| Dividends And Interest Paid | 108.0M | 48.6M | 29.2M | 24.7M | 16.4M |
| Debt Repayments | 289.0M | 114.0M | 60.0M | 70.0M | 105.0M |
| Total Financing Cash Inflow | 353.0M | 159.0M | 210.0M | 60.0M | 95.2M |
| Total Financing Cash Outflow | 414.0M | 195.0M | 98.7M | 109.0M | 125.0M |
| Financing Cash Flow | -60.7M | -35.5M | 112.0M | -48.8M | -29.7M |
| Net Change In Cash | 4.2M | 171.0M | 61.7M | 52.0M | 6.2M |
| Ending Cash Balance | 460.0M | 456.0M | 285.0M | 223.0M | 171.0M |
| Capex | 147.0M | 146.0M | 143.0M | 139.0M | 160.0M |