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 | 1.4B | 1.7B | 2.4B | 1.1B | 416.0M |
| Revenue Growth % | -17.7% | -28.5% | 110.8% | 168.8% | -- |
| Total Revenue | 1.4B | 1.7B | 2.4B | 1.1B | 416.0M |
| Cost Of Revenue | 1.1B | 1.3B | 1.9B | 825.0M | 296.0M |
| Gross Profit | 313.0M | 373.0M | 466.0M | 293.0M | 120.0M |
| Gross Margin % | 22.6% | 22.1% | 19.8% | 26.2% | 28.8% |
| Total Operating Cost | 1.4B | 1.6B | 2.2B | 1.0B | 377.0M |
| Selling Expenses | 38.6M | 69.8M | 75.0M | 46.2M | 18.9M |
| Admin Expenses | 65.4M | 85.7M | 106.0M | 51.6M | 18.7M |
| Rd Expenses | 55.6M | 53.1M | 78.5M | 40.5M | 15.2M |
| Finance Expenses | 63.1M | 45.7M | 25.9M | 9.4M | 4.4M |
| Operating Income | 46.2M | 110.0M | 203.0M | 129.0M | 49.8M |
| Operating Margin % | 3.3% | 6.5% | 8.6% | 11.5% | 12.0% |
| Non Operating Income | 4.7M | 344,200 | 643,000 | 72,600 | 2.9M |
| Non Operating Expenses | 5.2M | 10.5M | 21.3M | 16.0M | -- |
| Investment Income | 5.1M | 301,400 | -- | -- | 569,000 |
| Fair Value Change Income | -1.6M | -1.1M | 338,100 | 4.4M | 299,300 |
| Asset Disposal Income | -73,100 | -- | -10,900 | -- | 293,000 |
| Asset Impairment Loss | 54.1M | 16.5M | -- | -- | 2.0M |
| Other Income | 36.5M | 9.3M | 11.0M | 7.1M | 9.7M |
| Income Before Tax | 45.7M | 99.4M | 182.0M | 113.0M | 52.7M |
| Income Tax | -3.5M | 18.2M | 29.6M | 13.5M | 7.3M |
| Net Income | 49.3M | 81.2M | 153.0M | 99.2M | 45.5M |
| Net Margin % | 3.5% | 4.8% | 6.5% | 8.9% | 10.9% |
| Net Income Attributable | 49.6M | 82.9M | 161.0M | 99.8M | 45.5M |
| Minority Interest | -304,200 | -1.7M | -8.0M | -622,900 | -- |
| Eps Basic | 0.45 | 0.77 | 1.48 | 1.00 | 0.56 |
| Eps Diluted | 0.45 | 0.77 | 1.46 | 0.98 | 0.56 |
| 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 | 278.0M | 596.0M | 622.0M | 317.0M | 223.0M |
| Trading Financial Assets | 132.0M | 417.0M | -- | 50.7M | 130.0M |
| Accounts Receivable | 696.0M | 494.0M | 619.0M | 348.0M | 355.0M |
| Notes Receivable | 159.0M | 325.0M | 701.0M | 512.0M | 156.0M |
| Notes And Accounts Receivable | 855.0M | 820.0M | 1.3B | 860.0M | 511.0M |
| Prepayments | 15.8M | 42.9M | 105.0M | 148.0M | 7.7M |
| Inventory | 772.0M | 764.0M | 857.0M | 199.0M | 174.0M |
| Total Current Assets | 2.2B | 2.7B | 3.0B | 1.6B | 1.1B |
| Fixed Assets | -- | 1.3B | 781.0M | 476.0M | 280.0M |
| Fixed Assets Total | 1.5B | 1.3B | 781.0M | 476.0M | 280.0M |
| Construction In Progress | -- | 188.0M | 261.0M | 161.0M | 124.0M |
| Construction In Progress Total | 361.0M | 188.0M | 261.0M | 161.0M | 124.0M |
| Intangible Assets | 268.0M | 272.0M | 95.5M | 58.3M | 59.1M |
| Long Term Deferred Expenses | 866,100 | 2.1M | 2.7M | 761,200 | 84,200 |
| Total Non Current Assets | 2.3B | 2.0B | 1.5B | 782.0M | 498.0M |
| Total Assets | 4.4B | 4.7B | 4.4B | 2.4B | 1.6B |
| Short Term Borrowings | 331.0M | 478.0M | 936.0M | 238.0M | 112.0M |
| Accounts Payable | 458.0M | 478.0M | 474.0M | 159.0M | 207.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | -- | 1,700 | 9.9M | 100.0M | 76,800 |
| Total Current Liabilities | 1.2B | 1.7B | 2.5B | 1.1B | 489.0M |
| Long Term Borrowings | 399.0M | 311.0M | 130.0M | -- | -- |
| Total Non Current Liabilities | 989.0M | 1.0B | 238.0M | 72.2M | 43.2M |
| Total Liabilities | 2.2B | 2.7B | 2.7B | 1.2B | 533.0M |
| Paid In Capital | 119.0M | 109.0M | 108.0M | 100.0M | 100.0M |
| Capital Reserve | 1.3B | 1.1B | 1.0B | 706.0M | 672.0M |
| Surplus Reserve | 6.6M | 5.7M | 5.7M | 5.7M | 4.9M |
| Retained Earnings | 593.0M | 579.0M | 496.0M | 335.0M | 246.0M |
| Minority Equity | 91.9M | 43.2M | 23.4M | 9.4M | -- |
| Equity Attributable | 2.2B | 1.9B | 1.6B | 1.1B | 1.0B |
| Total Equity | 2.3B | 2.0B | 1.7B | 1.2B | 1.0B |
| 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 | 573.0M | 2.2B | 1.8B | 725.0M | 390.0M |
| Tax Refunds Received | 7.2M | 8.0M | 31.9M | 7.5M | 4.7M |
| Total Operating Cash Inflow | 644.0M | 2.3B | 1.9B | 741.0M | 408.0M |
| Cash Paid For Goods | 408.0M | 1.8B | 1.9B | 597.0M | 307.0M |
| Cash Paid To Employees | 111.0M | 96.8M | 90.2M | 46.8M | 29.9M |
| Taxes Paid | 48.9M | 37.0M | 36.4M | 31.8M | 23.0M |
| Total Operating Cash Outflow | 618.0M | 2.0B | 2.2B | 717.0M | 387.0M |
| Operating Cash Flow | 25.4M | 288.0M | -225.0M | 24.4M | 20.9M |
| Total Investing Cash Inflow | 2.0B | 293.0M | 52.0M | 565.0M | 162.0M |
| Total Investing Cash Outflow | 2.1B | 1.2B | 604.0M | 608.0M | 382.0M |
| Investing Cash Flow | -92.2M | -950.0M | -552.0M | -43.6M | -220.0M |
| Cash From Borrowings | 666.0M | 1.5B | 835.0M | 238.0M | 125.0M |
| Dividends And Interest Paid | 62.9M | 38.8M | 20.6M | 18.3M | 4.8M |
| Debt Repayments | 696.0M | 736.0M | 238.0M | 112.0M | 100.0M |
| Total Financing Cash Inflow | 782.0M | 3.2B | 2.6B | 626.0M | 641.0M |
| Total Financing Cash Outflow | 891.0M | 2.4B | 1.7B | 675.0M | 294.0M |
| Financing Cash Flow | -108.0M | 776.0M | 934.0M | -48.9M | 347.0M |
| Net Change In Cash | -174.0M | 114.0M | 160.0M | -68.3M | 147.0M |
| Ending Cash Balance | 197.0M | 371.0M | 257.0M | 96.6M | 165.0M |
| Capex | 382.0M | 492.0M | 514.0M | 128.0M | 92.3M |