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 | 1.7B | 1.2B | 1.1B | 726.0M | 497.0M |
| Revenue Growth % | 43.5% | 8.7% | 46.8% | 46.1% | -- |
| Total Revenue | 1.7B | 1.2B | 1.1B | 726.0M | 497.0M |
| Cost Of Revenue | 986.0M | 700.0M | 665.0M | 480.0M | 303.0M |
| Gross Profit | 677.0M | 459.0M | 401.0M | 246.0M | 194.0M |
| Gross Margin % | 40.7% | 39.6% | 37.6% | 33.9% | 39.0% |
| Total Operating Cost | 1.3B | 887.0M | 862.0M | 596.0M | 382.0M |
| Selling Expenses | 26.6M | 20.8M | 24.2M | 12.5M | 8.2M |
| Admin Expenses | 83.9M | 68.0M | 64.1M | 41.9M | 32.9M |
| Rd Expenses | 117.0M | 74.7M | 64.5M | 42.4M | 26.7M |
| Finance Expenses | 9.7M | 13.6M | 27.0M | 7.5M | 3.5M |
| Operating Income | 423.0M | 295.0M | 219.0M | 140.0M | 127.0M |
| Operating Margin % | 25.4% | 25.5% | 20.5% | 19.3% | 25.6% |
| Non Operating Income | 792,500 | 260,900 | 307,300 | 17,300 | 237,000 |
| Non Operating Expenses | 3.5M | 4.8M | 5.5M | 3.0M | 2.5M |
| Investment Income | 267,000 | 2.4M | 5.3M | 4.4M | 8.0M |
| Fair Value Change Income | 1.4M | 19,200 | 1.2M | 14,500 | 812,900 |
| Asset Disposal Income | 3,300 | 3.0M | 22,500 | -- | 17,300 |
| Asset Impairment Loss | -- | -- | -- | -- | -- |
| Other Income | 11.9M | 18.6M | 8.8M | 5.0M | 2.9M |
| Income Before Tax | 420.0M | 291.0M | 213.0M | 137.0M | 124.0M |
| Income Tax | 46.6M | 35.1M | 20.3M | 16.3M | 17.7M |
| Net Income | 374.0M | 256.0M | 193.0M | 120.0M | 107.0M |
| Net Margin % | 22.5% | 22.1% | 18.1% | 16.5% | 21.5% |
| Net Income Attributable | 376.0M | 256.0M | 193.0M | 120.0M | 107.0M |
| Minority Interest | -1.9M | -175,000 | -- | -- | -- |
| Eps Basic | 1.34 | 0.92 | 1.00 | 1.16 | 1.03 |
| Eps Diluted | 1.34 | 0.92 | 1.00 | 1.16 | 1.03 |
| 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 | 144.0M | 231.0M | 166.0M | 118.0M | 212.0M |
| Trading Financial Assets | 41.4M | 53.0M | 189.0M | 40.0M | 147.0M |
| Accounts Receivable | 610.0M | 403.0M | 430.0M | 276.0M | 204.0M |
| Notes Receivable | 205.0M | 136.0M | 92.2M | 45.9M | 8.8M |
| Notes And Accounts Receivable | 814.0M | 539.0M | 523.0M | 322.0M | 213.0M |
| Prepayments | 12.9M | 17.9M | 19.7M | 9.3M | 5.8M |
| Inventory | 191.0M | 218.0M | 144.0M | 117.0M | 65.3M |
| Total Current Assets | 1.4B | 1.2B | 1.2B | 707.0M | 734.0M |
| Fixed Assets | -- | 715.0M | 538.0M | 292.0M | 185.0M |
| Fixed Assets Total | 979.0M | 715.0M | 538.0M | 292.0M | 185.0M |
| Construction In Progress | -- | 122.0M | 131.0M | 21.9M | 59.3M |
| Construction In Progress Total | 96.8M | 122.0M | 131.0M | 21.9M | 59.3M |
| Intangible Assets | 61.1M | 46.7M | 32.7M | 34.3M | 25.1M |
| Long Term Deferred Expenses | 22.5M | 20.6M | 20.4M | 7.4M | 2.1M |
| Total Non Current Assets | 1.7B | 1.3B | 1.0B | 508.0M | 342.0M |
| Total Assets | 3.1B | 2.5B | 2.2B | 1.2B | 1.1B |
| Short Term Borrowings | 21.1M | 55.0M | 50.0M | 30.9M | 64.9M |
| Accounts Payable | 111.0M | 131.0M | 148.0M | 78.2M | 64.9M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 240,300 | 432,000 | 237,600 | 403,900 | 455,000 |
| Total Current Liabilities | 271.0M | 274.0M | 355.0M | 213.0M | 162.0M |
| Long Term Borrowings | 80.2M | 93.5M | 97.8M | 9.9M | 50.0M |
| Total Non Current Liabilities | 488.0M | 331.0M | 264.0M | 11.0M | 51.0M |
| Total Liabilities | 759.0M | 604.0M | 619.0M | 224.0M | 213.0M |
| Paid In Capital | 281.0M | 199.0M | 110.0M | 104.0M | 57.6M |
| Capital Reserve | 799.0M | 809.0M | 859.0M | 399.0M | 421.0M |
| Surplus Reserve | 88.5M | 64.9M | 48.6M | 38.9M | 28.8M |
| Retained Earnings | 1.1B | 829.0M | 612.0M | 449.0M | 355.0M |
| Minority Equity | 10.2M | 6.0M | -- | -- | -- |
| Equity Attributable | 2.3B | 1.9B | 1.6B | 991.0M | 863.0M |
| Total Equity | 2.3B | 1.9B | 1.6B | 991.0M | 863.0M |
| 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 | 1.0B | 885.0M | 561.0M | 352.0M | 276.0M |
| Tax Refunds Received | 7.5M | 21.7M | 4.1M | 1.6M | 1.6M |
| Total Operating Cash Inflow | 1.0B | 925.0M | 585.0M | 363.0M | 285.0M |
| Cash Paid For Goods | 365.0M | 323.0M | 275.0M | 159.0M | 93.2M |
| Cash Paid To Employees | 308.0M | 255.0M | 187.0M | 138.0M | 79.3M |
| Taxes Paid | 139.0M | 119.0M | 67.1M | 54.2M | 42.6M |
| Total Operating Cash Outflow | 910.0M | 764.0M | 590.0M | 397.0M | 250.0M |
| Operating Cash Flow | 112.0M | 161.0M | -5.2M | -34.5M | 35.0M |
| Total Investing Cash Inflow | 69.2M | 366.0M | 667.0M | 664.0M | 1.1B |
| Total Investing Cash Outflow | 234.0M | 406.0M | 1.1B | 666.0M | 1.3B |
| Investing Cash Flow | -165.0M | -39.7M | -427.0M | -1.9M | -203.0M |
| Cash From Borrowings | 90.6M | 75.5M | 180.0M | 50.3M | 115.0M |
| Dividends And Interest Paid | 44.4M | 27.3M | 29.4M | 20.8M | 20.1M |
| Debt Repayments | 109.0M | 105.0M | 96.3M | 75.0M | 67.3M |
| Total Financing Cash Inflow | 195.0M | 93.5M | 615.0M | 50.3M | 115.0M |
| Total Financing Cash Outflow | 182.0M | 172.0M | 169.0M | 107.0M | 102.0M |
| Financing Cash Flow | 13.4M | -78.9M | 446.0M | -57.2M | 13.1M |
| Net Change In Cash | -36.8M | 44.7M | 18.4M | -94.0M | -155.0M |
| Ending Cash Balance | 144.0M | 181.0M | 136.0M | 118.0M | 212.0M |
| Capex | 179.0M | 178.0M | 285.0M | 113.0M | 81.5M |