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 | 3.4B | 3.0B | 2.6B | 2.3B | 1.6B |
| Revenue Growth % | 14.7% | 12.3% | 17.0% | 40.6% | -- |
| Total Revenue | 3.4B | 3.0B | 2.6B | 2.3B | 1.6B |
| Cost Of Revenue | 3.3B | 2.7B | 2.3B | 1.9B | 1.3B |
| Gross Profit | 130.0M | 238.0M | 371.0M | 353.0M | 338.0M |
| Gross Margin % | 3.8% | 8.0% | 14.1% | 15.7% | 21.1% |
| Total Operating Cost | 3.8B | 3.2B | 2.6B | 2.2B | 1.5B |
| Selling Expenses | 69.9M | 69.5M | 62.4M | 49.5M | 44.4M |
| Admin Expenses | 164.0M | 151.0M | 130.0M | 98.7M | 75.5M |
| Rd Expenses | 199.0M | 180.0M | 168.0M | 114.0M | 74.8M |
| Finance Expenses | 34.6M | 15.5M | -13.0M | 4.8M | 10.6M |
| Operating Income | -386.0M | -198.0M | 31.8M | 53.4M | 117.0M |
| Operating Margin % | -11.4% | -6.7% | 1.2% | 2.4% | 7.3% |
| Non Operating Income | 232,500 | 280,800 | 5.1M | 8.3M | 3.3M |
| Non Operating Expenses | 4.4M | 9.9M | 1.8M | 2.2M | 2.6M |
| Investment Income | 3.3M | 15.8M | 14.6M | 4.0M | 172,900 |
| Fair Value Change Income | 3.0M | 923,700 | 879,100 | 53,000 | 109,500 |
| Asset Disposal Income | -238,000 | 164,600 | -2.8M | -2.1M | 712,200 |
| Asset Impairment Loss | 55.3M | 43.8M | 9.5M | 15.1M | 3.9M |
| Other Income | 45.2M | 47.2M | 32.3M | 8.3M | 9.3M |
| Income Before Tax | -391.0M | -207.0M | 35.1M | 59.5M | 118.0M |
| Income Tax | -27.5M | -35.1M | -11.4M | -11.4M | 12.9M |
| Net Income | -363.0M | -172.0M | 46.5M | 71.0M | 105.0M |
| Net Margin % | -10.7% | -5.8% | 1.8% | 3.1% | 6.6% |
| Net Income Attributable | -344.0M | -159.0M | 50.1M | 70.9M | 105.0M |
| Minority Interest | -19.6M | -12.8M | -3.6M | 16,700 | -- |
| Eps Basic | -0.83 | -0.38 | 0.13 | 0.23 | 0.79 |
| Eps Diluted | -0.83 | -0.38 | 0.13 | 0.23 | 0.79 |
| 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 | 839.0M | 533.0M | 898.0M | 351.0M | 498.0M |
| Trading Financial Assets | 88.1M | 301.0M | 473.0M | 22.8M | 285.0M |
| Accounts Receivable | 1.8B | 1.6B | 1.3B | 890.0M | 626.0M |
| Notes Receivable | 66.2M | 70.4M | 53.3M | 62.2M | 93.1M |
| Notes And Accounts Receivable | 1.8B | 1.6B | 1.4B | 952.0M | 719.0M |
| Prepayments | 4.5M | 6.3M | 3.1M | 2.9M | 911,600 |
| Inventory | 476.0M | 323.0M | 352.0M | 302.0M | 165.0M |
| Total Current Assets | 3.8B | 3.3B | 3.5B | 2.0B | 1.8B |
| Long Term Equity Investment | 5.2M | 6.2M | 6.1M | -- | -- |
| Fixed Assets | -- | 2.5B | 1.5B | 1.1B | 381.0M |
| Fixed Assets Total | 2.6B | 2.5B | 1.5B | 1.1B | 381.0M |
| Construction In Progress | -- | 384.0M | 990.0M | 229.0M | 8.2M |
| Construction In Progress Total | 394.0M | 384.0M | 990.0M | 229.0M | 8.2M |
| Intangible Assets | 202.0M | 91.5M | 73.9M | 38.3M | 35.4M |
| Long Term Deferred Expenses | 85.2M | 90.3M | 26.5M | 12.2M | 4.9M |
| Total Non Current Assets | 3.6B | 3.4B | 2.8B | 1.5B | 455.0M |
| Total Assets | 7.4B | 6.7B | 6.2B | 3.6B | 2.3B |
| Short Term Borrowings | 1.1B | 741.0M | 490.0M | 202.0M | 109.0M |
| Accounts Payable | 2.7B | 2.1B | 1.8B | 1.3B | 526.0M |
| Advance Receipts | -- | -- | 20,000 | -- | 4.0M |
| Contract Liabilities | 10.7M | 4.0M | 2.9M | 2.5M | 1.1M |
| Total Current Liabilities | 4.8B | 3.8B | 3.4B | 2.3B | 1.1B |
| Long Term Borrowings | 263.0M | 256.0M | 162.0M | -- | -- |
| Total Non Current Liabilities | 692.0M | 645.0M | 428.0M | 96.5M | 21.9M |
| Total Liabilities | 5.5B | 4.4B | 3.8B | 2.4B | 1.1B |
| Paid In Capital | 415.0M | 415.0M | 415.0M | 172.0M | 172.0M |
| Capital Reserve | 1.6B | 1.6B | 1.6B | 725.0M | 725.0M |
| Surplus Reserve | 16.9M | 16.9M | 14.4M | 11.5M | 5.9M |
| Retained Earnings | -180.0M | 164.0M | 334.0M | 298.0M | 244.0M |
| Minority Equity | 16.4M | 36.0M | 16.8M | -3,200 | -- |
| Equity Attributable | 1.9B | 2.2B | 2.4B | 1.2B | 1.1B |
| Total Equity | 1.9B | 2.2B | 2.4B | 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 | 2.8B | 2.5B | 2.2B | 1.6B | 1.2B |
| Tax Refunds Received | 16.9M | 86.8M | 103.0M | -- | -- |
| Total Operating Cash Inflow | 2.8B | 2.7B | 2.4B | 1.7B | 1.2B |
| Cash Paid For Goods | 2.2B | 2.0B | 1.9B | 1.2B | 744.0M |
| Cash Paid To Employees | 545.0M | 524.0M | 460.0M | 377.0M | 271.0M |
| Taxes Paid | 58.9M | 55.9M | 49.8M | 61.6M | 64.1M |
| Total Operating Cash Outflow | 2.9B | 2.7B | 2.5B | 1.7B | 1.1B |
| Operating Cash Flow | -26.7M | 7.8M | -73.8M | -1.9M | 88.4M |
| Total Investing Cash Inflow | 1.9B | 4.0B | 4.8B | 1.1B | 84.8M |
| Total Investing Cash Outflow | 2.0B | 4.8B | 5.9B | 1.3B | 430.0M |
| Investing Cash Flow | -164.0M | -731.0M | -1.1B | -207.0M | -346.0M |
| Cash From Borrowings | 1.6B | 1.1B | 727.0M | 215.0M | 133.0M |
| Dividends And Interest Paid | 49.5M | 42.1M | 24.1M | 17.8M | 3.8M |
| Debt Repayments | 1.0B | 645.0M | 224.0M | 111.0M | 60.9M |
| Total Financing Cash Inflow | 1.6B | 1.1B | 2.0B | 215.0M | 656.0M |
| Total Financing Cash Outflow | 1.1B | 734.0M | 294.0M | 154.0M | 84.8M |
| Financing Cash Flow | 438.0M | 359.0M | 1.7B | 61.2M | 571.0M |
| Net Change In Cash | 250.0M | -362.0M | 474.0M | -148.0M | 310.0M |
| Ending Cash Balance | 656.0M | 406.0M | 769.0M | 295.0M | 443.0M |
| Capex | 477.0M | 794.0M | 568.0M | 451.0M | 64.9M |