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 | 1.2B | 1.1B | 881.0M |
| Revenue Growth % | 34.4% | 64.1% | 7.5% | 27.5% | -- |
| Total Revenue | 2.7B | 2.0B | 1.2B | 1.1B | 881.0M |
| Cost Of Revenue | 2.2B | 1.7B | 1.1B | 999.0M | 767.0M |
| Gross Profit | 476.0M | 279.0M | 155.0M | 124.0M | 114.0M |
| Gross Margin % | 17.9% | 14.1% | 12.8% | 11.0% | 12.9% |
| Total Operating Cost | 2.4B | 1.8B | 1.1B | 1.1B | 823.0M |
| Selling Expenses | 10.1M | 5.8M | 3.9M | 3.2M | 3.0M |
| Admin Expenses | 83.6M | 48.6M | 29.2M | 28.7M | 17.6M |
| Rd Expenses | 92.7M | 62.2M | 40.5M | 37.1M | 23.0M |
| Finance Expenses | 20.1M | 6.1M | 6.3M | 3.8M | 9.3M |
| Operating Income | 260.0M | 139.0M | 82.4M | 53.2M | 62.1M |
| Operating Margin % | 9.8% | 7.0% | 6.8% | 4.7% | 7.0% |
| Non Operating Income | 217,000 | 291,400 | 20.00 | 2.9M | -- |
| Non Operating Expenses | 1.3M | 855,300 | 2.4M | 615,200 | 1.7M |
| Investment Income | -12.4M | -280,000 | 4.6M | 8.0M | 1.3M |
| Fair Value Change Income | -- | -- | -- | 828,600 | -- |
| Asset Disposal Income | -4,200 | 20,100 | -- | -- | -- |
| Asset Impairment Loss | 10.2M | 1.2M | 430,500 | 1.5M | -1.3M |
| Other Income | 30.1M | 5.5M | 1.3M | 2.2M | 2.4M |
| Income Before Tax | 259.0M | 138.0M | 80.0M | 55.5M | 60.4M |
| Income Tax | 26.6M | 11.6M | 6.5M | 3.2M | 8.3M |
| Net Income | 232.0M | 126.0M | 73.5M | 52.3M | 52.1M |
| Net Margin % | 8.7% | 6.4% | 6.1% | 4.7% | 5.9% |
| Net Income Attributable | 226.0M | 121.0M | 73.5M | 52.3M | 52.1M |
| Minority Interest | 6.4M | 5.9M | -- | -- | -- |
| Eps Basic | 2.06 | 1.10 | 0.67 | 0.52 | 0.63 |
| Eps Diluted | 2.06 | 1.10 | 0.67 | 0.52 | 0.63 |
| 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 | 469.0M | 461.0M | 349.0M | 362.0M | 262.0M |
| Trading Financial Assets | -- | -- | -- | 50.8M | 151.0M |
| Accounts Receivable | 536.0M | 616.0M | 216.0M | 298.0M | 280.0M |
| Notes Receivable | 293.0M | 241.0M | 143.0M | 289.0M | 42.4M |
| Notes And Accounts Receivable | 829.0M | 857.0M | 359.0M | 587.0M | 322.0M |
| Prepayments | 68.2M | 59.1M | 47.5M | 44.3M | 49.1M |
| Inventory | 551.0M | 472.0M | 280.0M | 210.0M | 160.0M |
| Total Current Assets | 2.0B | 2.0B | 1.3B | 1.3B | 1.0B |
| Long Term Equity Investment | 74.1M | 81.8M | 72.5M | 64.8M | -- |
| Fixed Assets | -- | 392.0M | 59.5M | 62.0M | 64.5M |
| Fixed Assets Total | 541.0M | 392.0M | 59.5M | 62.0M | 64.5M |
| Construction In Progress | -- | 64.9M | 88.8M | 34.2M | 3.5M |
| Construction In Progress Total | 68.4M | 64.9M | 88.8M | 34.2M | 3.5M |
| Intangible Assets | 112.0M | 107.0M | 56.3M | 57.7M | 59.7M |
| Long Term Deferred Expenses | 7.2M | 3.6M | -- | -- | -- |
| Total Non Current Assets | 1.1B | 861.0M | 322.0M | 229.0M | 132.0M |
| Total Assets | 3.1B | 2.8B | 1.6B | 1.5B | 1.2B |
| Short Term Borrowings | 516.0M | 388.0M | 155.0M | 250.0M | 121.0M |
| Accounts Payable | 405.0M | 358.0M | 107.0M | 50.9M | 51.9M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 8.4M | 4.2M | 6.3M | 2.4M | 5.1M |
| Total Current Liabilities | 1.8B | 1.5B | 755.0M | 726.0M | 416.0M |
| Long Term Borrowings | 146.0M | 157.0M | -- | -- | -- |
| Total Non Current Liabilities | 194.0M | 219.0M | 1.9M | 1.2M | -- |
| Total Liabilities | 1.9B | 1.8B | 757.0M | 727.0M | 416.0M |
| Paid In Capital | 110.0M | 110.0M | 100.0M | 100.0M | 100.0M |
| Capital Reserve | 403.0M | 432.0M | 442.0M | 442.0M | 442.0M |
| Surplus Reserve | 55.0M | 41.2M | 30.3M | 23.5M | 18.8M |
| Retained Earnings | 488.0M | 336.0M | 263.0M | 207.0M | 172.0M |
| Minority Equity | 105.0M | 142.0M | -- | -- | -- |
| Equity Attributable | 1.1B | 924.0M | 839.0M | 776.0M | 737.0M |
| Total Equity | 1.2B | 1.1B | 839.0M | 776.0M | 737.0M |
| 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 | 2.2B | 1.7B | 879.0M | 725.0M | 880.0M |
| Tax Refunds Received | -- | 4.8M | 5.4M | 2.6M | 2.2M |
| Total Operating Cash Inflow | 2.2B | 1.7B | 891.0M | 737.0M | 927.0M |
| Cash Paid For Goods | 2.0B | 1.5B | 1.1B | 932.0M | 898.0M |
| Cash Paid To Employees | 209.0M | 112.0M | 68.8M | 64.9M | 53.3M |
| Taxes Paid | 120.0M | 33.2M | 29.7M | 23.6M | 33.6M |
| Total Operating Cash Outflow | 2.4B | 1.7B | 1.2B | 1.0B | 993.0M |
| Operating Cash Flow | -205.0M | 9.6M | -309.0M | -291.0M | -65.4M |
| Total Investing Cash Inflow | 24.8M | 31.7M | 535.0M | 256.0M | 40.3M |
| Total Investing Cash Outflow | 125.0M | 391.0M | 579.0M | 258.0M | 198.0M |
| Investing Cash Flow | -100.0M | -360.0M | -44.4M | -1.8M | -157.0M |
| Cash From Borrowings | 1.0B | 677.0M | 438.0M | 435.0M | 213.0M |
| Dividends And Interest Paid | 80.7M | 49.4M | 17.0M | 19.1M | 3.6M |
| Debt Repayments | 483.0M | 201.0M | 97.9M | 86.5M | 193.0M |
| Total Financing Cash Inflow | 1.0B | 677.0M | 438.0M | 435.0M | 538.0M |
| Total Financing Cash Outflow | 681.0M | 253.0M | 115.0M | 106.0M | 209.0M |
| Financing Cash Flow | 358.0M | 425.0M | 323.0M | 329.0M | 329.0M |
| Net Change In Cash | 52.0M | 74.3M | -31.1M | 35.4M | 106.0M |
| Ending Cash Balance | 294.0M | 242.0M | 167.0M | 198.0M | 163.0M |
| Capex | 125.0M | 98.9M | 97.3M | 47.6M | 7.7M |