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 | 2.7B | 2.1B | 1.8B | 2.1B | 1.5B |
| Revenue Growth % | 27.9% | 16.2% | -10.5% | 40.2% | -- |
| Total Revenue | 2.7B | 2.1B | 1.8B | 2.1B | 1.5B |
| Cost Of Revenue | 2.1B | 1.7B | 1.4B | 1.5B | 1.2B |
| Gross Profit | 647.0M | 419.0M | 454.0M | 546.0M | 320.0M |
| Gross Margin % | 23.6% | 19.5% | 24.6% | 26.5% | 21.8% |
| Total Operating Cost | 2.6B | 2.1B | 1.7B | 1.8B | 1.3B |
| Selling Expenses | 55.1M | 39.7M | 37.3M | 26.3M | 12.6M |
| Admin Expenses | 166.0M | 124.0M | 119.0M | 82.1M | 57.1M |
| Rd Expenses | 173.0M | 122.0M | 133.0M | 134.0M | 74.9M |
| Finance Expenses | 59.5M | 54.6M | 31.7M | 22.7M | 24.4M |
| Operating Income | 204.0M | 44.3M | 149.0M | 277.0M | 147.0M |
| Operating Margin % | 7.4% | 2.1% | 8.1% | 13.4% | 10.0% |
| Non Operating Income | 2.1M | 1.0M | 219,700 | 884,600 | 4.3M |
| Non Operating Expenses | 7.0M | 3.6M | 6.3M | 4.6M | 5.1M |
| Investment Income | 524,900 | -612,000 | -425,100 | -424,000 | 6.4M |
| Fair Value Change Income | 30.4M | 2.0M | 14.7M | -- | -- |
| Asset Disposal Income | 5.3M | 6.4M | 1.7M | 3.0M | 1.3M |
| Asset Impairment Loss | 34.6M | 38.2M | 11.6M | 7.5M | 2.3M |
| Other Income | 35.8M | 16.4M | 18.6M | 9.8M | 4.7M |
| Income Before Tax | 200.0M | 41.7M | 143.0M | 273.0M | 146.0M |
| Income Tax | 5.5M | -5.7M | -8.2M | 30.3M | 19.1M |
| Net Income | 194.0M | 47.4M | 151.0M | 243.0M | 127.0M |
| Net Margin % | 7.1% | 2.2% | 8.2% | 11.8% | 8.6% |
| Net Income Attributable | 184.0M | 30.9M | 144.0M | 243.0M | 127.0M |
| Minority Interest | 10.5M | 16.6M | 6.5M | -- | -- |
| Eps Basic | 0.56 | 0.10 | 0.44 | 0.77 | 0.62 |
| Eps Diluted | 0.56 | 0.10 | 0.44 | 0.76 | 0.61 |
| 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 | 540.0M | 504.0M | 311.0M | 237.0M | 224.0M |
| Trading Financial Assets | 55.0M | 301.0M | 3,600 | -- | -- |
| Accounts Receivable | 852.0M | 727.0M | 515.0M | 548.0M | 599.0M |
| Notes Receivable | 7.9M | 3.7M | -- | 26.0M | 60.4M |
| Notes And Accounts Receivable | 860.0M | 731.0M | 515.0M | 574.0M | 659.0M |
| Prepayments | 6.8M | 3.4M | 2.2M | 10.6M | 2.3M |
| Inventory | 580.0M | 601.0M | 720.0M | 668.0M | 371.0M |
| Total Current Assets | 2.2B | 2.3B | 1.8B | 1.7B | 1.3B |
| Long Term Equity Investment | 277,500 | -- | -- | -- | -- |
| Fixed Assets | -- | 2.0B | 1.7B | 1.3B | 703.0M |
| Fixed Assets Total | 2.3B | 2.0B | 1.7B | 1.3B | 703.0M |
| Construction In Progress | -- | 198.0M | 250.0M | 119.0M | 354.0M |
| Construction In Progress Total | 105.0M | 198.0M | 250.0M | 119.0M | 354.0M |
| Intangible Assets | 118.0M | 122.0M | 121.0M | 64.0M | 64.1M |
| Long Term Deferred Expenses | 137.0M | 128.0M | 103.0M | 57.6M | 48.8M |
| Total Non Current Assets | 3.1B | 2.8B | 2.5B | 1.8B | 1.4B |
| Total Assets | 5.3B | 5.1B | 4.3B | 3.4B | 2.7B |
| Short Term Borrowings | 989.0M | 1.0B | 929.0M | 492.0M | 408.0M |
| Accounts Payable | 765.0M | 855.0M | 537.0M | 619.0M | 537.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 43.1M | 10.9M | 7.8M | 1.6M | 739,500 |
| Total Current Liabilities | 2.2B | 2.2B | 1.9B | 1.6B | 1.1B |
| Long Term Borrowings | 645.0M | 298.0M | 431.0M | 140.0M | 271.0M |
| Total Non Current Liabilities | 723.0M | 808.0M | 498.0M | 180.0M | 310.0M |
| Total Liabilities | 2.9B | 3.1B | 2.4B | 1.8B | 1.4B |
| Paid In Capital | 374.0M | 336.0M | 338.0M | 225.0M | 210.0M |
| Capital Reserve | 1.2B | 873.0M | 920.0M | 971.0M | 703.0M |
| Surplus Reserve | 99.0M | 81.3M | 76.1M | 62.7M | 44.0M |
| Retained Earnings | 780.0M | 647.0M | 621.0M | 535.0M | 374.0M |
| Minority Equity | -- | 117.0M | 99.1M | -- | -- |
| Equity Attributable | 2.4B | 1.9B | 1.8B | 1.6B | 1.3B |
| Total Equity | 2.4B | 2.0B | 1.9B | 1.6B | 1.3B |
| 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 | 2.2B | 1.8B | 1.6B | 1.8B | 1.1B |
| Tax Refunds Received | 3.5M | 15.2M | 11.8M | 9.3M | 17.6M |
| Total Operating Cash Inflow | 2.2B | 1.8B | 1.7B | 1.8B | 1.2B |
| Cash Paid For Goods | 1.4B | 913.0M | 956.0M | 1.1B | 930.0M |
| Cash Paid To Employees | 321.0M | 261.0M | 236.0M | 224.0M | 156.0M |
| Taxes Paid | 56.0M | 54.3M | 39.9M | 65.8M | 23.2M |
| Total Operating Cash Outflow | 1.9B | 1.3B | 1.3B | 1.5B | 1.1B |
| Operating Cash Flow | 338.0M | 546.0M | 402.0M | 313.0M | 32.0M |
| Total Investing Cash Inflow | 663.0M | 9.4M | 1.4M | 1.1M | 373.0M |
| Total Investing Cash Outflow | 977.0M | 862.0M | 874.0M | 598.0M | 675.0M |
| Investing Cash Flow | -314.0M | -853.0M | -872.0M | -597.0M | -302.0M |
| Cash From Borrowings | 1.6B | 1.3B | 1.3B | 553.0M | 698.0M |
| Dividends And Interest Paid | 86.7M | 54.8M | 83.5M | 93.9M | 63.6M |
| Debt Repayments | 1.2B | 1.2B | 616.0M | 411.0M | 304.0M |
| Total Financing Cash Inflow | 1.8B | 1.9B | 1.3B | 810.0M | 751.0M |
| Total Financing Cash Outflow | 1.7B | 1.5B | 766.0M | 542.0M | 421.0M |
| Financing Cash Flow | 96.3M | 409.0M | 539.0M | 268.0M | 330.0M |
| Net Change In Cash | 123.0M | 104.0M | 69.9M | -17.6M | 59.4M |
| Ending Cash Balance | 495.0M | 372.0M | 268.0M | 198.0M | 216.0M |
| Capex | 508.0M | 532.0M | 777.0M | 593.0M | 645.0M |