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 | 1.1B | 1.1B | 363.0M | 285.0M | 324.0M |
| Revenue Growth % | 7.3% | 195.0% | 27.4% | -12.0% | -- |
| Total Revenue | 1.1B | 1.1B | 363.0M | 285.0M | 324.0M |
| Cost Of Revenue | 865.0M | 726.0M | 285.0M | 204.0M | 231.0M |
| Gross Profit | 284.0M | 345.0M | 78.0M | 81.0M | 93.0M |
| Gross Margin % | 24.7% | 32.2% | 21.5% | 28.4% | 28.7% |
| Total Operating Cost | 1.1B | 920.0M | 372.0M | 279.0M | 302.0M |
| Selling Expenses | 34.1M | 26.5M | 13.4M | 11.6M | 12.3M |
| Admin Expenses | 123.0M | 87.4M | 44.6M | 36.1M | 32.9M |
| Rd Expenses | 24.5M | 19.8M | 16.0M | 17.1M | 15.0M |
| Finance Expenses | 61.3M | 51.5M | -26,500 | 2.5M | 2.9M |
| Operating Income | 36.0M | 155.0M | 1.8M | 14.1M | 35.6M |
| Operating Margin % | 3.1% | 14.5% | 0.5% | 4.9% | 11.0% |
| Non Operating Income | 4.9M | 405,400 | 254,500 | 233,400 | 322,200 |
| Non Operating Expenses | 387,900 | 10.4M | 70,000 | 104,100 | 3.9M |
| Investment Income | -1.3M | -2.3M | -436,500 | 2.7M | 1.8M |
| Fair Value Change Income | -187,700 | -1.1M | 1.8M | -- | -- |
| Asset Disposal Income | 1.6M | -74,200 | 43,600 | -195,900 | -253,400 |
| Asset Impairment Loss | 107,700 | 87,600 | -- | 295,400 | 1.6M |
| Other Income | 7.4M | 7.6M | 9.0M | 5.7M | 11.8M |
| Income Before Tax | 40.5M | 145.0M | 2.0M | 14.2M | 32.1M |
| Income Tax | -7.1M | -8.6M | -710,200 | 2.5M | 5.0M |
| Net Income | 47.6M | 154.0M | 2.7M | 11.8M | 27.0M |
| Net Margin % | 4.1% | 14.4% | 0.7% | 4.1% | 8.3% |
| Net Income Attributable | 42.6M | 139.0M | 2.5M | 11.8M | 27.0M |
| Minority Interest | 5.0M | 15.0M | 216,600 | -- | -- |
| Eps Basic | 0.32 | 0.80 | 0.02 | 0.12 | 0.27 |
| Eps Diluted | 0.33 | 0.78 | 0.02 | 0.11 | 0.27 |
| 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 | 284.0M | 426.0M | 136.0M | 224.0M | 149.0M |
| Trading Financial Assets | 25.5M | 5.7M | 1.8M | 30.0M | -- |
| Accounts Receivable | 267.0M | 196.0M | 171.0M | 101.0M | 78.9M |
| Notes Receivable | 38.4M | 27.4M | 39.3M | -- | -- |
| Notes And Accounts Receivable | 305.0M | 223.0M | 210.0M | 101.0M | 78.9M |
| Prepayments | 45.1M | 16.8M | 7.1M | 3.5M | 3.5M |
| Inventory | 376.0M | 194.0M | 107.0M | 85.1M | 61.0M |
| Total Current Assets | 1.2B | 941.0M | 567.0M | 497.0M | 325.0M |
| Long Term Equity Investment | 22.0M | 24.4M | 28.4M | 29.6M | 15.0M |
| Fixed Assets | -- | 1.8B | 494.0M | 318.0M | 322.0M |
| Fixed Assets Total | 2.1B | 1.8B | 494.0M | 318.0M | 322.0M |
| Construction In Progress | -- | 167.0M | 1.3B | 505.0M | 121.0M |
| Construction In Progress Total | 1.1B | 167.0M | 1.3B | 505.0M | 121.0M |
| Intangible Assets | 330.0M | 173.0M | 111.0M | 112.0M | 110.0M |
| Long Term Deferred Expenses | 8.4M | 3.9M | 104,500 | -- | -- |
| Total Non Current Assets | 3.8B | 2.3B | 2.0B | 1.1B | 638.0M |
| Total Assets | 4.9B | 3.3B | 2.6B | 1.6B | 962.0M |
| Short Term Borrowings | 273.0M | 134.0M | 158.0M | 55.1M | -- |
| Accounts Payable | 252.0M | 102.0M | 94.1M | 73.9M | 67.7M |
| Advance Receipts | 51,000 | -- | 25,800 | -- | -- |
| Contract Liabilities | 12.5M | 1.9M | 11.3M | 132,700 | 64,800 |
| Total Current Liabilities | 1.6B | 772.0M | 796.0M | 339.0M | 228.0M |
| Long Term Borrowings | 1.5B | 890.0M | 677.0M | 242.0M | -- |
| Total Non Current Liabilities | 1.8B | 1.1B | 999.0M | 545.0M | 68.7M |
| Total Liabilities | 3.4B | 1.9B | 1.8B | 884.0M | 297.0M |
| Paid In Capital | 196.0M | 138.0M | 102.0M | 100.0M | 100.0M |
| Capital Reserve | 843.0M | 849.0M | 442.0M | 400.0M | 400.0M |
| Surplus Reserve | 27.8M | 26.4M | 26.4M | 26.4M | 24.3M |
| Retained Earnings | 297.0M | 277.0M | 139.0M | 141.0M | 142.0M |
| Minority Equity | 170.0M | 49.6M | 2.0M | -- | -- |
| Equity Attributable | 1.3B | 1.3B | 762.0M | 727.0M | 666.0M |
| Total Equity | 1.5B | 1.4B | 764.0M | 727.0M | 666.0M |
| 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 | 901.0M | 795.0M | 251.0M | 166.0M | 280.0M |
| Tax Refunds Received | 11.5M | 88.6M | 17.6M | 4.1M | 5.2M |
| Total Operating Cash Inflow | 1.1B | 905.0M | 295.0M | 199.0M | 314.0M |
| Cash Paid For Goods | 613.0M | 429.0M | 236.0M | 172.0M | 147.0M |
| Cash Paid To Employees | 159.0M | 114.0M | 86.0M | 66.8M | 53.7M |
| Taxes Paid | 16.1M | 18.7M | 11.0M | 12.7M | 22.1M |
| Total Operating Cash Outflow | 909.0M | 642.0M | 380.0M | 324.0M | 275.0M |
| Operating Cash Flow | 158.0M | 263.0M | -85.9M | -125.0M | 39.1M |
| Total Investing Cash Inflow | 424.0M | 246.0M | 163.0M | 448.0M | 265.0M |
| Total Investing Cash Outflow | 1.6B | 782.0M | 812.0M | 819.0M | 395.0M |
| Investing Cash Flow | -1.1B | -535.0M | -649.0M | -371.0M | -130.0M |
| Cash From Borrowings | 1.3B | 651.0M | 669.0M | 315.0M | -- |
| Dividends And Interest Paid | 72.4M | 49.0M | 34.2M | 17.4M | 13.2M |
| Debt Repayments | 453.0M | 424.0M | 52.1M | 15.6M | -- |
| Total Financing Cash Inflow | 1.5B | 1.1B | 845.0M | 629.0M | 33.9M |
| Total Financing Cash Outflow | 691.0M | 518.0M | 203.0M | 67.0M | 66.4M |
| Financing Cash Flow | 841.0M | 567.0M | 642.0M | 562.0M | -32.5M |
| Net Change In Cash | -132.0M | 295.0M | -92.1M | 65.5M | -124.0M |
| Ending Cash Balance | 274.0M | 406.0M | 111.0M | 203.0M | 138.0M |
| Capex | 1.1B | 542.0M | 678.0M | 329.0M | 109.0M |