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 | 2.0B | 1.9B | 2.0B | 1.5B |
| Revenue Growth % | 36.7% | 4.9% | -5.4% | 28.9% | -- |
| Total Revenue | 2.7B | 2.0B | 1.9B | 2.0B | 1.5B |
| Cost Of Revenue | 2.0B | 1.4B | 1.3B | 1.4B | 1.2B |
| Gross Profit | 662.0M | 537.0M | 557.0M | 535.0M | 386.0M |
| Gross Margin % | 24.6% | 27.3% | 29.7% | 27.0% | 25.1% |
| Total Operating Cost | 2.8B | 2.0B | 1.7B | 1.8B | 1.4B |
| Selling Expenses | 84.5M | 71.9M | 55.1M | 49.2M | 31.9M |
| Admin Expenses | 167.0M | 152.0M | 139.0M | 120.0M | 92.5M |
| Rd Expenses | 240.0M | 197.0M | 127.0M | 109.0M | 94.8M |
| Finance Expenses | 106.0M | 72.4M | 45.1M | 35.5M | 38.7M |
| Operating Income | 34.0M | 45.0M | 183.0M | 241.0M | 238.0M |
| Operating Margin % | 1.3% | 2.3% | 9.7% | 12.1% | 15.5% |
| Non Operating Income | 5.2M | 329,000 | 344,100 | 940,500 | 1.4M |
| Non Operating Expenses | 1.9M | 8.2M | 2.3M | 2.4M | 32.8M |
| Investment Income | -7.6M | -5.1M | -6.0M | 130,300 | 386,300 |
| Fair Value Change Income | 67,600 | -67,600 | -411,200 | -- | -- |
| Asset Disposal Income | -24,200 | 33,900 | 5,500 | 214,700 | -21,500 |
| Asset Impairment Loss | 73.1M | 24.2M | 14.6M | 4.3M | 3.3M |
| Other Income | 104.0M | 54.4M | 37.6M | 45.5M | 126.0M |
| Income Before Tax | 37.2M | 37.1M | 181.0M | 240.0M | 207.0M |
| Income Tax | -15.8M | -19.0M | 14.4M | 31.6M | 26.1M |
| Net Income | 53.1M | 56.1M | 167.0M | 208.0M | 181.0M |
| Net Margin % | 2.0% | 2.8% | 8.9% | 10.5% | 11.8% |
| Net Income Attributable | 54.9M | 56.1M | 168.0M | 210.0M | 182.0M |
| Minority Interest | -1.8M | -11,400 | -1.0M | -1.5M | -950,000 |
| Eps Basic | 0.12 | 0.12 | 0.39 | 0.69 | 0.97 |
| Eps Diluted | 0.12 | 0.12 | 0.39 | 0.69 | 0.97 |
| 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 | 195.0M | 371.0M | 768.0M | 524.0M | 515.0M |
| Trading Financial Assets | -- | -- | -- | 1.0M | -- |
| Accounts Receivable | 1.2B | 827.0M | 799.0M | 676.0M | 543.0M |
| Notes Receivable | 166.0M | 111.0M | 19.8M | 17.6M | 61.8M |
| Notes And Accounts Receivable | 1.4B | 938.0M | 819.0M | 694.0M | 605.0M |
| Prepayments | 59.8M | 57.0M | 45.2M | 48.2M | 31.4M |
| Inventory | 748.0M | 653.0M | 459.0M | 343.0M | 218.0M |
| Total Current Assets | 2.5B | 2.2B | 2.2B | 1.7B | 1.5B |
| Long Term Equity Investment | 114.0M | 92.1M | 51.4M | 13.9M | -- |
| Fixed Assets | -- | 3.5B | 1.8B | 1.0B | 750.0M |
| Fixed Assets Total | 4.4B | 3.5B | 1.8B | 1.0B | 750.0M |
| Construction In Progress | -- | 1.0B | 2.1B | 1.2B | 688.0M |
| Construction In Progress Total | 168.0M | 1.0B | 2.1B | 1.2B | 688.0M |
| Intangible Assets | 174.0M | 178.0M | 182.0M | 187.0M | 172.0M |
| Long Term Deferred Expenses | 2.4M | 3.8M | 1.1M | 734,600 | 1.5M |
| Total Non Current Assets | 5.1B | 5.0B | 4.5B | 2.9B | 1.7B |
| Total Assets | 7.6B | 7.2B | 6.7B | 4.6B | 3.2B |
| Short Term Borrowings | 1.3B | 898.0M | 976.0M | 991.0M | 867.0M |
| Accounts Payable | 610.0M | 457.0M | 350.0M | 229.0M | 186.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 8.6M | 8.2M | 28.9M | 7.8M | 6.9M |
| Total Current Liabilities | 2.7B | 2.5B | 1.8B | 1.7B | 1.4B |
| Long Term Borrowings | 1.9B | 1.9B | 2.1B | 931.0M | 225.0M |
| Total Non Current Liabilities | 2.7B | 2.6B | 2.7B | 1.4B | 496.0M |
| Total Liabilities | 5.4B | 5.0B | 4.5B | 3.1B | 1.9B |
| Paid In Capital | 453.0M | 453.0M | 324.0M | 190.0M | 119.0M |
| Capital Reserve | 780.0M | 782.0M | 911.0M | 538.0M | 577.0M |
| Surplus Reserve | 85.3M | 83.9M | 77.5M | 65.3M | 49.5M |
| Retained Earnings | 934.0M | 890.0M | 860.0M | 726.0M | 556.0M |
| Minority Equity | 88,300 | 1.9M | 1.9M | 2.9M | 103,300 |
| Equity Attributable | 2.2B | 2.2B | 2.2B | 1.5B | 1.3B |
| Total Equity | 2.2B | 2.2B | 2.2B | 1.5B | 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 | 1.5B | 1.7B | 1.1B |
| Tax Refunds Received | 25.0M | 35.4M | 171.0M | 41.0M | 24.5M |
| Total Operating Cash Inflow | 2.4B | 2.0B | 1.8B | 2.0B | 1.3B |
| Cash Paid For Goods | 1.7B | 1.3B | 1.3B | 1.3B | 826.0M |
| Cash Paid To Employees | 342.0M | 307.0M | 259.0M | 199.0M | 127.0M |
| Taxes Paid | 57.3M | 52.0M | 120.0M | 76.7M | 60.7M |
| Total Operating Cash Outflow | 2.3B | 1.8B | 1.8B | 1.6B | 1.1B |
| Operating Cash Flow | 89.8M | 142.0M | -4.3M | 371.0M | 193.0M |
| Total Investing Cash Inflow | 2.5M | 4.5M | 8.4M | 26.6M | 31.0M |
| Total Investing Cash Outflow | 303.0M | 687.0M | 1.4B | 922.0M | 700.0M |
| Investing Cash Flow | -301.0M | -683.0M | -1.4B | -896.0M | -669.0M |
| Cash From Borrowings | 2.0B | 1.6B | 3.0B | 2.0B | 1.6B |
| Dividends And Interest Paid | 144.0M | 153.0M | 136.0M | 91.1M | 52.8M |
| Debt Repayments | 1.9B | 1.2B | 1.6B | 1.3B | 935.0M |
| Total Financing Cash Inflow | 2.2B | 1.7B | 3.5B | 2.0B | 1.8B |
| Total Financing Cash Outflow | 2.1B | 1.4B | 1.8B | 1.7B | 1.1B |
| Financing Cash Flow | 56.0M | 215.0M | 1.8B | 351.0M | 652.0M |
| Net Change In Cash | -153.0M | -321.0M | 333.0M | -174.0M | 174.0M |
| Ending Cash Balance | 96.2M | 249.0M | 570.0M | 237.0M | 411.0M |
| Capex | 269.0M | 642.0M | 1.4B | 887.0M | 700.0M |