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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 812.0M | 559.0M | 797.0M | 412.0M | 390.0M | 234.0M | 213.0M | 169.0M | 150.0M | 136.0M | 60.3M | 21.1M |
| Revenue Growth % | 45.3% | -29.9% | 93.4% | 5.6% | 66.7% | 9.9% | 26.0% | 12.7% | 10.3% | 125.6% | 185.9% | -- |
| Total Revenue | 812.0M | 559.0M | 797.0M | 412.0M | 390.0M | 234.0M | 213.0M | 169.0M | 150.0M | 136.0M | 60.3M | 21.1M |
| Cost Of Revenue | 300.0M | 180.0M | 194.0M | 94.4M | 62.8M | 41.4M | 43.4M | 37.7M | 48.2M | 46.8M | 30.0M | 16.5M |
| Gross Profit | 512.0M | 379.0M | 603.0M | 317.6M | 327.2M | 192.6M | 169.6M | 131.3M | 101.8M | 89.2M | 30.3M | 4.6M |
| Gross Margin % | 63.1% | 67.8% | 75.7% | 77.1% | 83.9% | 82.3% | 79.6% | 77.7% | 67.8% | 65.6% | 50.3% | 21.7% |
| Total Operating Cost | 447.0M | 321.0M | 289.0M | 199.0M | 175.0M | 111.0M | 114.0M | 83.6M | 91.6M | 97.0M | 66.8M | 40.2M |
| Selling Expenses | 2.9M | 4.0M | 5.4M | 3.3M | 2.4M | 3.3M | 2.9M | 1.7M | 1.4M | 3.1M | 1.6M | 1.1M |
| Admin Expenses | 46.8M | 34.2M | 32.0M | 61.5M | 83.9M | 41.3M | 40.0M | 25.9M | 23.5M | 39.9M | 31.8M | 18.4M |
| Rd Expenses | 85.8M | 116.0M | 53.5M | 44.5M | 30.7M | 16.7M | 24.7M | 17.2M | 12.8M | -- | -- | -- |
| Finance Expenses | -9.4M | -7.4M | -11.6M | -963,800 | 745,500 | 692,000 | 2.2M | -182,400 | 597,800 | 3.0M | 2.3M | 2.7M |
| Operating Income | 408.0M | 321.0M | 588.0M | 227.0M | 262.0M | 151.0M | 137.0M | 128.0M | 59.5M | 39.3M | -6.5M | -19.1M |
| Operating Margin % | 50.2% | 57.4% | 73.8% | 55.1% | 67.2% | 64.5% | 64.3% | 75.7% | 39.7% | 28.9% | -10.8% | -90.5% |
| Non Operating Income | -- | 1.2M | 637,800 | 2.2M | 6.8M | 7.9M | 3.4M | 4.5M | 8.4M | 7.6M | 19.2M | 12.3M |
| Non Operating Expenses | 1.7M | 35,300 | 287,700 | 8,800 | 121,100 | 14,900 | 130,300 | 4,500 | 121,600 | -- | -- | 10,000 |
| Investment Income | 5.7M | 10.1M | 8.7M | 1.3M | 389,000 | 223,700 | 369,800 | 65,100 | 631,000 | -- | -- | -- |
| Fair Value Change Income | 21.4M | 28.4M | 20.5M | 1.2M | 1.2M | 523,300 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 99,800 | 171,700 | -- | -- | 93,100 | -- | -54,400 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | -- | -- | -- | -- | -- | -- | -543,500 | 304,000 | 3.4M | 2.9M | 1.1M | 1.5M |
| Other Income | 14.9M | 45.0M | 50.8M | 11.6M | 46.1M | 27.5M | 38.1M | 42.8M | 54,200 | -- | -- | -- |
| Income Before Tax | 406.0M | 323.0M | 589.0M | 229.0M | 269.0M | 159.0M | 140.0M | 133.0M | 67.8M | 46.8M | 12.7M | -6.8M |
| Income Tax | 49.8M | 33.5M | -7.0M | 27.9M | 36.7M | 22.7M | 19.8M | 22.4M | 10.9M | 38,800 | -- | -- |
| Net Income | 356.0M | 289.0M | 596.0M | 201.0M | 232.0M | 137.0M | 121.0M | 110.0M | 56.8M | 46.8M | 12.7M | -6.8M |
| Net Margin % | 43.8% | 51.7% | 74.8% | 48.8% | 59.5% | 58.5% | 56.8% | 65.1% | 37.9% | 34.4% | 21.1% | -32.1% |
| Net Income Attributable | 356.0M | 289.0M | 596.0M | 201.0M | 232.0M | 137.0M | 121.0M | 110.0M | 56.8M | 46.8M | 12.7M | -6.8M |
| Minority Interest | 500.00 | 37,500 | 55,500 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.81 | 0.66 | 1.39 | 0.50 | 0.58 | 0.36 | 0.33 | 0.31 | 0.16 | 0.17 | 0.06 | -0.03 |
| Eps Diluted | 0.81 | 0.66 | 1.37 | 0.50 | 0.58 | 0.36 | 0.33 | 0.31 | 0.16 | 0.17 | 0.06 | -0.03 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 643.0M | 652.0M | 250.0M | 193.0M | 201.0M | 74.3M | 89.6M | 38.7M | 49.9M | 136.0M | 14.3M | 37.0M |
| Trading Financial Assets | 1.2B | 1.3B | 1.6B | 153.0M | 50.0M | 65.3M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 835.0M | 450.0M | 758.0M | 228.0M | 189.0M | 119.0M | 88.9M | 115.0M | 106.0M | 87.3M | 51.4M | 24.8M |
| Notes Receivable | 92.3M | 80.3M | 70.0M | 94.5M | 94.0M | 121.0M | 92.0M | 75.1M | 86.1M | 50.1M | 10.0M | 2.0M |
| Notes And Accounts Receivable | 927.0M | 531.0M | 828.0M | 323.0M | 283.0M | 240.0M | 181.0M | 190.0M | 192.0M | 137.0M | 61.4M | 26.8M |
| Prepayments | 5.6M | 2.4M | 3.0M | 4.2M | 915,800 | 3.1M | 7.7M | 7.4M | 5.2M | 3.5M | 919,900 | 3.5M |
| Inventory | 82.0M | 73.6M | 16.3M | 27.3M | 28.7M | 26.6M | 12.2M | 20.8M | 13.8M | 19.4M | 22.9M | 27.5M |
| Total Current Assets | 2.8B | 2.6B | 2.8B | 703.0M | 595.0M | 453.0M | 322.0M | 278.0M | 262.0M | 297.0M | 111.0M | 114.0M |
| Fixed Assets | -- | 1.5B | 1.2B | 726.0M | 682.0M | 201.0M | 187.0M | -- | -- | 102.0M | 113.0M | 127.0M |
| Fixed Assets Total | 1.4B | 1.5B | 1.2B | 726.0M | 682.0M | 201.0M | 187.0M | 86.6M | 94.2M | 102.0M | 113.0M | 127.0M |
| Construction In Progress | -- | 129.0M | 240.0M | 28.9M | 29.8M | 509.0M | 381.0M | -- | -- | 4.2M | 5.0M | 410,300 |
| Construction In Progress Total | 311.0M | 129.0M | 240.0M | 28.9M | 29.8M | 509.0M | 381.0M | 206.0M | 70.8M | 4.2M | 5.0M | 410,300 |
| Intangible Assets | 105.0M | 108.0M | 109.0M | 43.8M | 35.1M | 36.1M | 39.3M | 42.5M | 23.0M | 25.9M | 29.0M | 32.0M |
| Long Term Deferred Expenses | -- | -- | -- | -- | -- | -- | 27,600 | 42,600 | 119,700 | -- | -- | -- |
| Total Non Current Assets | 1.8B | 1.8B | 1.8B | 808.0M | 762.0M | 752.0M | 618.0M | 442.0M | 271.0M | 155.0M | 147.0M | 159.0M |
| Total Assets | 4.6B | 4.4B | 4.5B | 1.5B | 1.4B | 1.2B | 940.0M | 719.0M | 533.0M | 453.0M | 258.0M | 273.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 5.9M | -- | 9.0M | 50.0M | 25.0M | 25.0M |
| Accounts Payable | 56.5M | 90.1M | 198.0M | 50.3M | 51.5M | 44.3M | 59.3M | 3.0M | 2.3M | 2.0M | 5.8M | 8.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 12.0M | -- | 788,000 | 641,900 | 495,400 | -- | -- |
| Contract Liabilities | -- | 400,000 | 185,200 | 11.3M | 11.3M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 137.0M | 164.0M | 471.0M | 106.0M | 112.0M | 176.0M | 160.0M | 90.4M | 52.8M | 64.7M | 46.5M | 62.5M |
| Long Term Borrowings | -- | -- | -- | -- | -- | -- | 100.0M | 67.5M | 30.0M | -- | -- | -- |
| Total Non Current Liabilities | 143.0M | 160.0M | 159.0M | 60.4M | 60.5M | 48.8M | 148.0M | 117.0M | 71.3M | 33.8M | 12.6M | 23.5M |
| Total Liabilities | 280.0M | 323.0M | 630.0M | 167.0M | 173.0M | 224.0M | 308.0M | 207.0M | 124.0M | 98.4M | 59.0M | 86.0M |
| Paid In Capital | 440.0M | 440.0M | 440.0M | 400.0M | 400.0M | 400.0M | 360.0M | 360.0M | 360.0M | 300.0M | 223.0M | 223.0M |
| Capital Reserve | 2.1B | 2.1B | 2.1B | 171.0M | 171.0M | 171.0M | -- | -- | -- | 34.7M | 44.1M | 44.1M |
| Surplus Reserve | 212.0M | 176.0M | 147.0M | 87.6M | 67.5M | 44.2M | 30.6M | 18.5M | 7.5M | 2.0M | -- | -- |
| Retained Earnings | 1.6B | 1.3B | 1.2B | 686.0M | 546.0M | 365.0M | 242.0M | 134.0M | 41.4M | 17.6M | -67.3M | -80.0M |
| Minority Equity | 7.6M | 4.6M | 4.5M | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 4.4B | 4.1B | 3.9B | 1.3B | 1.2B | 980.0M | 633.0M | 512.0M | 409.0M | 354.0M | 199.0M | 187.0M |
| Total Equity | 4.4B | 4.1B | 3.9B | 1.3B | 1.2B | 980.0M | 633.0M | 512.0M | 409.0M | 354.0M | 199.0M | 187.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 504.0M | 938.0M | 373.0M | 431.0M | 406.0M | 213.0M | 257.0M | 199.0M | 115.0M | 79.2M | 33.8M | 3.4M |
| Tax Refunds Received | -- | 151.0M | 3.6M | -- | 10.9M | 1.9M | 18.1M | 10.9M | 379,500 | -- | -- | -- |
| Total Operating Cash Inflow | 539.0M | 1.1B | 400.0M | 441.0M | 427.0M | 230.0M | 288.0M | 238.0M | 132.0M | 116.0M | 47.6M | 35.8M |
| Cash Paid For Goods | 142.0M | 136.0M | 88.2M | 70.4M | 45.0M | 33.1M | 32.3M | 34.3M | 35.0M | 27.9M | 13.0M | 14.0M |
| Cash Paid To Employees | 102.0M | 94.9M | 63.7M | 58.6M | 47.4M | 39.9M | 31.2M | 26.2M | 22.9M | 17.6M | 11.8M | 10.1M |
| Taxes Paid | 68.9M | 19.1M | 105.0M | 33.6M | 21.9M | 24.0M | 20.9M | 19.7M | 24.9M | 6.8M | 665,200 | 632,800 |
| Total Operating Cash Outflow | 340.0M | 266.0M | 286.0M | 179.0M | 129.0M | 117.0M | 107.0M | 99.0M | 106.0M | 75.9M | 54.8M | 43.8M |
| Operating Cash Flow | 199.0M | 839.0M | 114.0M | 263.0M | 298.0M | 113.0M | 181.0M | 139.0M | 26.7M | 39.6M | -7.1M | -8.0M |
| Total Investing Cash Inflow | 5.3B | 6.1B | 5.9B | 903.0M | 201.0M | 151.0M | 118.0M | 23.6M | 143.0M | 781,100 | -- | -- |
| Total Investing Cash Outflow | 5.4B | 6.4B | 8.0B | 1.1B | 303.0M | 374.0M | 302.0M | 214.0M | 248.0M | 29.2M | 6.6M | 872,200 |
| Investing Cash Flow | -111.0M | -316.0M | -2.0B | -227.0M | -102.0M | -223.0M | -184.0M | -190.0M | -104.0M | -28.4M | -6.6M | -872,200 |
| Cash From Borrowings | -- | -- | -- | -- | -- | 10.8M | 208.0M | 60.0M | 39.0M | 50.0M | 50.0M | 25.0M |
| Dividends And Interest Paid | 52.3M | 110.0M | 36.5M | 42.0M | 29.1M | 5.4M | 10.2M | 10.0M | 980,200 | 5.7M | 1.5M | 1.7M |
| Debt Repayments | -- | -- | -- | -- | 40.0M | 127.0M | 142.0M | 9.0M | 50.0M | 25.0M | 50.0M | 28.0M |
| Total Financing Cash Inflow | 3.0M | 3.1M | 2.0B | -- | -- | 239.0M | 208.0M | 60.0M | 39.0M | 148.0M | 50.0M | 95.8M |
| Total Financing Cash Outflow | 82.3M | 110.0M | 36.9M | 43.7M | 69.1M | 144.0M | 152.0M | 19.0M | 51.0M | 37.3M | 54.2M | 60.2M |
| Financing Cash Flow | -79.3M | -107.0M | 2.0B | -43.7M | -69.1M | 94.6M | 55.7M | 41.0M | -12.0M | 111.0M | -4.2M | 35.6M |
| Net Change In Cash | 8.3M | 416.0M | 22.8M | -8.1M | 126.0M | -15.2M | 52.8M | -9.9M | -89.8M | 122.0M | -18.0M | 26.7M |
| Ending Cash Balance | 640.0M | 632.0M | 216.0M | 193.0M | 201.0M | 74.3M | 89.6M | 36.7M | 46.6M | 136.0M | 14.3M | 32.3M |
| Capex | 304.0M | 589.0M | 675.0M | 126.0M | 118.0M | 159.0M | 205.0M | 170.0M | 105.0M | 29.2M | 6.6M | 872,200 |