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 | 1.5B | 1.4B | 828.0M | 827.0M | 609.0M |
| Revenue Growth % | 8.7% | 63.8% | 0.1% | 35.8% | -- |
| Total Revenue | 1.5B | 1.4B | 828.0M | 827.0M | 609.0M |
| Cost Of Revenue | 1.1B | 1.0B | 564.0M | 541.0M | 394.0M |
| Gross Profit | 401.0M | 346.0M | 264.0M | 286.0M | 215.0M |
| Gross Margin % | 27.2% | 25.5% | 31.9% | 34.6% | 35.3% |
| Total Operating Cost | 1.4B | 1.3B | 688.0M | 674.0M | 499.0M |
| Selling Expenses | 31.0M | 21.4M | 9.2M | 10.4M | 6.7M |
| Admin Expenses | 145.0M | 120.0M | 80.8M | 60.7M | 43.8M |
| Rd Expenses | 92.8M | 74.2M | 45.7M | 41.0M | 25.6M |
| Finance Expenses | 1.8M | 9.2M | -19.8M | 3.7M | 16.7M |
| Operating Income | 111.0M | 105.0M | 144.0M | 168.0M | 115.0M |
| Operating Margin % | 7.5% | 7.7% | 17.4% | 20.3% | 18.9% |
| Non Operating Income | 1.7M | 47,900 | 187,300 | 76,800 | 2,600 |
| Non Operating Expenses | 2.4M | 1.3M | 27,300 | 1.8M | 784,300 |
| Investment Income | 2.2M | 8.5M | 4.8M | 5.0M | -- |
| Fair Value Change Income | 495,900 | 897,400 | -2.9M | -- | -- |
| Asset Disposal Income | -3.4M | -2.1M | -2.4M | -534,200 | -859,700 |
| Asset Impairment Loss | 16.9M | 15.5M | 7.1M | 5.6M | 6.5M |
| Other Income | 12.3M | 9.9M | 5.2M | 9.5M | 5.3M |
| Income Before Tax | 110.0M | 104.0M | 144.0M | 166.0M | 114.0M |
| Income Tax | 11.8M | 17.1M | 18.2M | 16.8M | 19.2M |
| Net Income | 98.3M | 87.0M | 126.0M | 149.0M | 94.6M |
| Net Margin % | 6.7% | 6.4% | 15.2% | 18.0% | 15.5% |
| Net Income Attributable | 101.0M | 93.8M | 129.0M | 149.0M | 94.6M |
| Minority Interest | -2.5M | -6.7M | -2.7M | -- | -- |
| Eps Basic | 0.58 | 0.57 | 0.85 | 0.98 | 1.22 |
| Eps Diluted | 0.58 | 0.57 | 0.85 | 0.98 | 1.22 |
| 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 | 326.0M | 388.0M | 355.0M | 359.0M | 683.0M |
| Trading Financial Assets | 95.5M | 55.1M | 51.2M | -- | -- |
| Accounts Receivable | 477.0M | 522.0M | 274.0M | 350.0M | 191.0M |
| Notes Receivable | 68.0M | 54.2M | 10.0M | 4.6M | 1.3M |
| Notes And Accounts Receivable | 545.0M | 577.0M | 284.0M | 355.0M | 192.0M |
| Prepayments | 20.1M | 14.4M | 15.4M | 13.2M | 3.8M |
| Inventory | 281.0M | 223.0M | 131.0M | 149.0M | 93.7M |
| Total Current Assets | 1.4B | 1.5B | 963.0M | 955.0M | 1.1B |
| Long Term Equity Investment | 10.5M | -- | -- | 4.3M | -- |
| Fixed Assets | -- | 500.0M | 370.0M | 128.0M | 99.7M |
| Fixed Assets Total | 558.0M | 500.0M | 370.0M | 128.0M | 99.7M |
| Construction In Progress | -- | 83.6M | 66.0M | 205.0M | 177.0M |
| Construction In Progress Total | 386.0M | 83.6M | 66.0M | 205.0M | 177.0M |
| Intangible Assets | 82.6M | 86.9M | 56.5M | 9.2M | 10.2M |
| Long Term Deferred Expenses | 51.0M | 53.5M | 29.7M | 30.8M | 19.1M |
| Total Non Current Assets | 1.5B | 1.2B | 946.0M | 654.0M | 320.0M |
| Total Assets | 2.9B | 2.7B | 1.9B | 1.6B | 1.4B |
| Short Term Borrowings | 178.0M | 110.0M | 72.8M | 4.9M | 68.0M |
| Accounts Payable | 283.0M | 285.0M | 128.0M | 196.0M | 129.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 16.2M | 11.3M | 15.8M | 2.0M | 625,900 |
| Total Current Liabilities | 682.0M | 583.0M | 361.0M | 283.0M | 293.0M |
| Long Term Borrowings | 87.3M | -- | -- | -- | -- |
| Total Non Current Liabilities | 236.0M | 179.0M | 182.0M | 47.2M | 996,700 |
| Total Liabilities | 918.0M | 762.0M | 544.0M | 330.0M | 294.0M |
| Paid In Capital | 173.0M | 173.0M | 151.0M | 101.0M | 101.0M |
| Capital Reserve | 1.2B | 1.2B | 702.0M | 743.0M | 743.0M |
| Surplus Reserve | 57.7M | 51.4M | 44.4M | 39.9M | 31.6M |
| Retained Earnings | 621.0M | 552.0M | 466.0M | 392.0M | 251.0M |
| Minority Equity | -2.1M | 364,400 | 2.1M | -- | -- |
| Equity Attributable | 2.0B | 1.9B | 1.4B | 1.3B | 1.1B |
| Total Equity | 2.0B | 1.9B | 1.4B | 1.3B | 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 | 1.4B | 1.1B | 890.0M | 731.0M | 610.0M |
| Tax Refunds Received | 29.0M | 38.4M | 45.7M | 47.3M | 19.4M |
| Total Operating Cash Inflow | 1.4B | 1.2B | 965.0M | 808.0M | 635.0M |
| Cash Paid For Goods | 823.0M | 762.0M | 530.0M | 548.0M | 357.0M |
| Cash Paid To Employees | 289.0M | 251.0M | 166.0M | 149.0M | 109.0M |
| Taxes Paid | 51.7M | 65.6M | 36.1M | 28.3M | 24.8M |
| Total Operating Cash Outflow | 1.3B | 1.2B | 769.0M | 761.0M | 529.0M |
| Operating Cash Flow | 149.0M | 67.3M | 196.0M | 46.4M | 107.0M |
| Total Investing Cash Inflow | 863.0M | 688.0M | 530.0M | 242.0M | 3.4M |
| Total Investing Cash Outflow | 1.1B | 871.0M | 746.0M | 523.0M | 179.0M |
| Investing Cash Flow | -283.0M | -183.0M | -216.0M | -281.0M | -175.0M |
| Cash From Borrowings | 287.0M | 109.0M | 79.6M | 4.8M | 82.5M |
| Dividends And Interest Paid | 38.3M | 3.0M | 51.1M | 1.5M | 1.9M |
| Debt Repayments | 113.0M | 72.4M | 16.2M | 67.9M | 34.6M |
| Total Financing Cash Inflow | 382.0M | 338.0M | 81.6M | 11.3M | 783.0M |
| Total Financing Cash Outflow | 278.0M | 201.0M | 108.0M | 96.8M | 54.7M |
| Financing Cash Flow | 104.0M | 137.0M | -26.6M | -85.5M | 729.0M |
| Net Change In Cash | -25.9M | 19.9M | -32.4M | -321.0M | 660.0M |
| Ending Cash Balance | 320.0M | 345.0M | 326.0M | 358.0M | 679.0M |
| Capex | 413.0M | 159.0M | 173.0M | 172.0M | 86.9M |