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 | 1.8B | 1.8B | 1.3B | 660.0M | 421.0M |
| Revenue Growth % | 0.6% | 38.0% | 94.4% | 56.8% | -- |
| Total Revenue | 1.8B | 1.8B | 1.3B | 660.0M | 421.0M |
| Cost Of Revenue | 1.1B | 1.1B | 781.0M | 382.0M | 246.0M |
| Gross Profit | 685.0M | 659.0M | 502.0M | 278.0M | 175.0M |
| Gross Margin % | 38.5% | 37.2% | 39.1% | 42.1% | 41.6% |
| Total Operating Cost | 1.4B | 1.4B | 953.0M | 510.0M | 326.0M |
| Selling Expenses | 82.4M | 64.5M | 51.9M | 38.9M | 21.6M |
| Admin Expenses | 59.0M | 52.8M | 44.2M | 30.4M | 21.8M |
| Rd Expenses | 137.0M | 97.5M | 68.9M | 51.3M | 34.1M |
| Finance Expenses | -11.8M | -4.1M | -2.2M | -2.1M | -4.3M |
| Operating Income | 390.0M | 499.0M | 389.0M | 183.0M | 122.0M |
| Operating Margin % | 21.9% | 28.2% | 30.3% | 27.7% | 29.0% |
| Non Operating Income | 2.7M | 285,300 | 1.7M | 112,700 | 65,200 |
| Non Operating Expenses | 1.3M | 2.3M | 735,300 | 1.6M | 1.3M |
| Investment Income | 5.4M | 6.4M | 12.9M | 16.3M | 8.2M |
| Fair Value Change Income | -615,200 | -- | -- | -- | -- |
| Asset Disposal Income | 88,800 | 170,100 | -3.4M | -- | 36.00 |
| Asset Impairment Loss | 58.9M | 5.9M | 1.7M | -1.6M | 1.7M |
| Other Income | 46.5M | 78.0M | 50.2M | 16.2M | 19.5M |
| Income Before Tax | 392.0M | 497.0M | 390.0M | 181.0M | 121.0M |
| Income Tax | 56.2M | 65.4M | 51.3M | 23.7M | 16.3M |
| Net Income | 335.0M | 431.0M | 339.0M | 157.0M | 105.0M |
| Net Margin % | 18.8% | 24.4% | 26.4% | 23.8% | 24.9% |
| Net Income Attributable | 323.0M | 431.0M | 339.0M | 157.0M | 105.0M |
| Minority Interest | 12.6M | -182,200 | -185,600 | -- | -- |
| Eps Basic | 1.46 | 1.99 | 1.58 | 1.10 | 1.13 |
| Eps Diluted | 1.46 | 1.99 | 1.58 | 1.10 | 1.13 |
| 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 | 602.0M | 441.0M | 262.0M | 125.0M | 178.0M |
| Trading Financial Assets | 519.0M | 305.0M | 285.0M | 486.0M | 500.0M |
| Accounts Receivable | 386.0M | 308.0M | 125.0M | 77.7M | 56.5M |
| Notes Receivable | 45.1M | 90.3M | 83.8M | 134.0M | 17.3M |
| Notes And Accounts Receivable | 431.0M | 398.0M | 209.0M | 212.0M | 73.9M |
| Prepayments | 41.2M | 10.6M | 18.1M | 9.8M | 13.3M |
| Inventory | 1.6B | 1.8B | 1.5B | 849.0M | 314.0M |
| Total Current Assets | 3.6B | 3.6B | 2.7B | 1.9B | 1.3B |
| Long Term Equity Investment | 13.2M | 2.0M | -- | -- | -- |
| Fixed Assets | -- | 203.0M | 113.0M | 84.7M | 44.8M |
| Fixed Assets Total | 247.0M | 203.0M | 113.0M | 84.7M | 44.8M |
| Construction In Progress | -- | 17.6M | 12.5M | -- | 55,500 |
| Construction In Progress Total | 1.4M | 17.6M | 12.5M | -- | 55,500 |
| Intangible Assets | 45.8M | 49.0M | 50.5M | 12.4M | 10.3M |
| Long Term Deferred Expenses | 3.3M | 2.5M | 278,300 | 150,200 | 194,300 |
| Total Non Current Assets | 449.0M | 334.0M | 196.0M | 127.0M | 65.0M |
| Total Assets | 4.0B | 3.9B | 2.9B | 2.1B | 1.4B |
| Short Term Borrowings | 20.0M | 20.0M | 20.0M | 6.0M | -- |
| Accounts Payable | 142.0M | 255.0M | 231.0M | 147.0M | 58.9M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.1B | 1.1B | 846.0M | 520.0M | 222.0M |
| Total Current Liabilities | 1.5B | 1.7B | 1.3B | 876.0M | 335.0M |
| Total Non Current Liabilities | 40.8M | 36.6M | 18.3M | 6.3M | 2.7M |
| Total Liabilities | 1.6B | 1.8B | 1.4B | 882.0M | 337.0M |
| Paid In Capital | 222.0M | 220.0M | 144.0M | 95.3M | 95.0M |
| Capital Reserve | 741.0M | 676.0M | 472.0M | 494.0M | 478.0M |
| Surplus Reserve | 111.0M | 110.0M | 71.9M | 47.7M | 34.4M |
| Retained Earnings | 1.4B | 1.1B | 826.0M | 559.0M | 452.0M |
| Minority Equity | 55.6M | 138,000 | 281,200 | 396,300 | -- |
| Equity Attributable | 2.4B | 2.1B | 1.5B | 1.2B | 1.1B |
| Total Equity | 2.5B | 2.1B | 1.5B | 1.2B | 1.1B |
| 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 | 1.3B | 955.0M | 797.0M | 517.0M | 285.0M |
| Tax Refunds Received | 33.8M | 74.8M | 54.8M | 16.8M | 16.0M |
| Total Operating Cash Inflow | 1.4B | 1.0B | 868.0M | 538.0M | 312.0M |
| Cash Paid For Goods | 353.0M | 509.0M | 532.0M | 327.0M | 131.0M |
| Cash Paid To Employees | 221.0M | 168.0M | 124.0M | 91.6M | 62.7M |
| Taxes Paid | 134.0M | 159.0M | 104.0M | 70.8M | 41.7M |
| Total Operating Cash Outflow | 791.0M | 898.0M | 822.0M | 529.0M | 260.0M |
| Operating Cash Flow | 602.0M | 140.0M | 45.8M | 9.2M | 52.0M |
| Total Investing Cash Inflow | 1.5B | 927.0M | 1.9B | 1.6B | 1.0B |
| Total Investing Cash Outflow | 1.9B | 1.1B | 1.8B | 1.6B | 1.5B |
| Investing Cash Flow | -372.0M | -138.0M | 119.0M | -35.9M | -500.0M |
| Cash From Borrowings | 20.0M | 20.0M | 24.0M | 6.0M | -- |
| Dividends And Interest Paid | 88.8M | 72.5M | 48.2M | 38.2M | 31.7M |
| Debt Repayments | 20.0M | 20.0M | 10.0M | -- | -- |
| Total Financing Cash Inflow | 93.4M | 276.0M | 33.2M | 12.3M | 470.0M |
| Total Financing Cash Outflow | 166.0M | 98.0M | 60.2M | 38.9M | 48.1M |
| Financing Cash Flow | -72.6M | 178.0M | -27.0M | -26.7M | 422.0M |
| Net Change In Cash | 161.0M | 180.0M | 137.0M | -53.5M | -25.5M |
| Ending Cash Balance | 602.0M | 441.0M | 262.0M | 124.0M | 178.0M |
| Capex | 97.6M | 123.0M | 98.3M | 65.9M | 8.4M |