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 | 938.0M | 749.0M | 1.1B | 368.0M |
| Revenue Growth % | 19.6% | 25.2% | -28.9% | 186.1% | -- |
| Total Revenue | 1.1B | 938.0M | 749.0M | 1.1B | 368.0M |
| Cost Of Revenue | 703.0M | 598.0M | 503.0M | 732.0M | 220.0M |
| Gross Profit | 419.0M | 340.0M | 246.0M | 321.0M | 148.0M |
| Gross Margin % | 37.3% | 36.2% | 32.8% | 30.5% | 40.2% |
| Total Operating Cost | 986.0M | 852.0M | 697.0M | 867.0M | 352.0M |
| Selling Expenses | 76.9M | 64.9M | 49.7M | 35.3M | 34.7M |
| Admin Expenses | 152.0M | 131.0M | 86.0M | 46.4M | 41.7M |
| Rd Expenses | 39.0M | 34.9M | 28.2M | 25.2M | 15.4M |
| Finance Expenses | -962,300 | 178,100 | 15.8M | 23.5M | 34.7M |
| Operating Income | 145.0M | 102.0M | 157.0M | 217.0M | 50.5M |
| Operating Margin % | 12.9% | 10.9% | 21.0% | 20.6% | 13.7% |
| Non Operating Income | 232,600 | 518,800 | 388,100 | 70,200 | 60,500 |
| Non Operating Expenses | 2.1M | 1.7M | 235,500 | 697,000 | 1,500 |
| Investment Income | 1.9M | 2.9M | 3.9M | 1.7M | 3.8M |
| Fair Value Change Income | -- | 647,400 | -- | -- | -- |
| Asset Disposal Income | -60,500 | -6,400 | 89.3M | 15,700 | -4,900 |
| Asset Impairment Loss | 2.6M | 13.5M | 5.1M | 45,800 | 35,400 |
| Other Income | 7.0M | 13.2M | 12.0M | 28.5M | 30.8M |
| Income Before Tax | 143.0M | 101.0M | 157.0M | 216.0M | 50.6M |
| Income Tax | 23.2M | 17.7M | 21.7M | 32.2M | 9.2M |
| Net Income | 120.0M | 83.6M | 135.0M | 184.0M | 41.4M |
| Net Margin % | 10.7% | 8.9% | 18.0% | 17.5% | 11.2% |
| Net Income Attributable | 116.0M | 80.1M | 134.0M | 184.0M | 40.6M |
| Minority Interest | 3.0M | 3.5M | 946,400 | -362,300 | 752,100 |
| Eps Basic | 0.76 | 0.55 | 1.30 | 2.65 | 0.61 |
| Eps Diluted | 0.76 | 0.55 | 1.30 | 2.65 | 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 | 522.0M | 715.0M | 539.0M | 484.0M | 718.0M |
| Trading Financial Assets | -- | 85.1M | 48.7M | 247.0M | 37.7M |
| Accounts Receivable | 203.0M | 165.0M | 120.0M | 101.0M | 101.0M |
| Notes Receivable | 47.9M | 24.3M | 17.9M | 10.7M | 13.2M |
| Notes And Accounts Receivable | 251.0M | 189.0M | 138.0M | 111.0M | 114.0M |
| Prepayments | 20.1M | 80.4M | 28.8M | 39.7M | 285.0M |
| Inventory | 265.0M | 253.0M | 241.0M | 202.0M | 108.0M |
| Total Current Assets | 1.2B | 1.4B | 1.2B | 1.1B | 1.3B |
| Long Term Equity Investment | 29.1M | 36.2M | 37.9M | 40.2M | 8.5M |
| Fixed Assets | -- | 697.0M | 725.0M | 332.0M | 181.0M |
| Fixed Assets Total | 856.0M | 697.0M | 725.0M | 332.0M | 181.0M |
| Construction In Progress | -- | 127.0M | 63.7M | 247.0M | 115.0M |
| Construction In Progress Total | 310.0M | 133.0M | 63.7M | 247.0M | 115.0M |
| Intangible Assets | 136.0M | 74.2M | 54.8M | 69.5M | 38.7M |
| Long Term Deferred Expenses | 1.1M | 2.5M | 4.0M | 1.1M | 635,800 |
| Total Non Current Assets | 1.4B | 1.0B | 923.0M | 794.0M | 448.0M |
| Total Assets | 2.6B | 2.4B | 2.1B | 1.9B | 1.7B |
| Short Term Borrowings | 80.0M | 35.0M | 50.0M | 34.0M | 20.0M |
| Accounts Payable | 228.0M | 156.0M | 219.0M | 128.0M | 64.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 14.2M | 216.0M | 74.6M | 24.0M | 514.0M |
| Total Current Liabilities | 531.0M | 616.0M | 463.0M | 260.0M | 642.0M |
| Long Term Borrowings | 216.0M | 45.9M | -- | 30.0M | -- |
| Total Non Current Liabilities | 448.0M | 427.0M | 360.0M | 545.0M | 193.0M |
| Total Liabilities | 979.0M | 1.0B | 823.0M | 805.0M | 836.0M |
| Paid In Capital | 158.0M | 105.0M | 70.0M | 70.0M | 70.0M |
| Capital Reserve | 530.0M | 311.0M | 322.0M | 353.0M | 353.0M |
| Surplus Reserve | 90.0M | 90.0M | 82.8M | 68.7M | 49.5M |
| Retained Earnings | 767.0M | 729.0M | 684.0M | 564.0M | 403.0M |
| Minority Equity | 13.7M | 11.6M | 8.6M | 5.2M | 5.5M |
| Equity Attributable | 1.6B | 1.3B | 1.3B | 1.1B | 875.0M |
| Total Equity | 1.6B | 1.3B | 1.3B | 1.1B | 880.0M |
| 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 | 864.0M | 1.0B | 669.0M | 497.0M | 810.0M |
| Tax Refunds Received | 52.2M | 28.6M | 44.3M | 12.6M | 2.8M |
| Total Operating Cash Inflow | 985.0M | 1.1B | 756.0M | 574.0M | 887.0M |
| Cash Paid For Goods | 635.0M | 516.0M | 365.0M | 458.0M | 412.0M |
| Cash Paid To Employees | 162.0M | 122.0M | 105.0M | 76.8M | 62.8M |
| Taxes Paid | 57.3M | 37.7M | 52.9M | 26.9M | 12.5M |
| Total Operating Cash Outflow | 954.0M | 797.0M | 628.0M | 611.0M | 533.0M |
| Operating Cash Flow | 30.3M | 304.0M | 128.0M | -37.3M | 354.0M |
| Total Investing Cash Inflow | 125.0M | 364.0M | 756.0M | 30.0M | 1.0B |
| Total Investing Cash Outflow | 498.0M | 498.0M | 861.0M | 598.0M | 1.1B |
| Investing Cash Flow | -373.0M | -134.0M | -106.0M | -568.0M | -98.6M |
| Cash From Borrowings | 285.0M | 106.0M | 50.0M | 64.0M | 34.0M |
| Dividends And Interest Paid | 39.6M | 31.3M | 2.5M | 6.5M | 14.9M |
| Debt Repayments | 48.2M | 90.7M | 34.0M | 20.0M | 33.8M |
| Total Financing Cash Inflow | 287.0M | 106.0M | 57.5M | 458.0M | 381.0M |
| Total Financing Cash Outflow | 123.0M | 127.0M | 41.4M | 76.3M | 58.7M |
| Financing Cash Flow | 164.0M | -21.7M | 16.2M | 382.0M | 323.0M |
| Net Change In Cash | -172.0M | 156.0M | 62.3M | -235.0M | 552.0M |
| Ending Cash Balance | 501.0M | 673.0M | 517.0M | 455.0M | 689.0M |
| Capex | 458.0M | 187.0M | 276.0M | 326.0M | 249.0M |