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 | 962.0M | 923.0M | 739.0M | 584.0M | 341.0M |
| Revenue Growth % | 4.2% | 24.9% | 26.5% | 71.3% | -- |
| Total Revenue | 962.0M | 923.0M | 739.0M | 584.0M | 341.0M |
| Cost Of Revenue | 628.0M | 592.0M | 494.0M | 382.0M | 210.0M |
| Gross Profit | 334.0M | 331.0M | 245.0M | 202.0M | 131.0M |
| Gross Margin % | 34.7% | 35.9% | 33.2% | 34.6% | 38.4% |
| Total Operating Cost | 730.0M | 704.0M | 591.0M | 466.0M | 270.0M |
| Selling Expenses | 16.4M | 15.5M | 16.9M | 16.6M | 15.4M |
| Admin Expenses | 59.1M | 60.9M | 46.7M | 37.6M | 26.0M |
| Rd Expenses | 33.8M | 29.8M | 27.8M | 20.3M | 12.5M |
| Finance Expenses | -15.6M | -7.1M | -3.6M | 588,900 | 1.4M |
| Operating Income | 248.0M | 235.0M | 162.0M | 128.0M | 74.3M |
| Operating Margin % | 25.8% | 25.5% | 21.9% | 21.9% | 21.8% |
| Non Operating Income | 261,700 | 179,900 | 3.7M | 5.3M | 2.7M |
| Non Operating Expenses | 45,500 | 56,300 | 186,600 | 62,000 | 24,800 |
| Investment Income | 5.0M | 7.8M | 12.1M | 5.0M | 966,500 |
| Fair Value Change Income | 3.9M | 990,200 | -1.1M | 3.8M | 1.1M |
| Asset Disposal Income | -406,700 | -75,000 | 88,300 | 25,600 | -- |
| Asset Impairment Loss | 209,100 | -338,000 | 172,900 | 744,200 | 777,800 |
| Other Income | 7.5M | 7.1M | 3.3M | 660,800 | 1.2M |
| Income Before Tax | 248.0M | 235.0M | 166.0M | 134.0M | 76.9M |
| Income Tax | 34.3M | 32.8M | 20.0M | 18.0M | 10.6M |
| Net Income | 214.0M | 202.0M | 146.0M | 116.0M | 66.4M |
| Net Margin % | 22.2% | 21.9% | 19.8% | 19.9% | 19.5% |
| Net Income Attributable | 214.0M | 202.0M | 146.0M | 116.0M | 66.4M |
| Eps Basic | 2.67 | 2.53 | 1.82 | 1.58 | 1.11 |
| Eps Diluted | 2.67 | 2.53 | 1.82 | 1.58 | 1.11 |
| 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 | 337.0M | 312.0M | 118.0M | 43.1M | 47.0M |
| Trading Financial Assets | 325.0M | 241.0M | 372.0M | 374.0M | 56.9M |
| Accounts Receivable | 249.0M | 255.0M | 190.0M | 149.0M | 85.6M |
| Notes Receivable | 4.8M | 4.2M | 1.0M | 731,400 | 2.3M |
| Notes And Accounts Receivable | 254.0M | 259.0M | 191.0M | 150.0M | 87.9M |
| Prepayments | 5.7M | 6.1M | 6.2M | 6.2M | 4.0M |
| Inventory | 111.0M | 113.0M | 109.0M | 95.6M | 62.6M |
| Total Current Assets | 1.1B | 947.0M | 810.0M | 677.0M | 265.0M |
| Fixed Assets | -- | 301.0M | 171.0M | 154.0M | 104.0M |
| Fixed Assets Total | 366.0M | 301.0M | 171.0M | 154.0M | 104.0M |
| Construction In Progress | -- | 58.7M | 109.0M | 39.0M | 8.6M |
| Construction In Progress Total | 43.4M | 62.0M | 114.0M | 40.2M | 8.6M |
| Intangible Assets | 85.6M | 85.0M | 59.6M | 59.7M | 59.2M |
| Long Term Deferred Expenses | 3.8M | 2.2M | 144,500 | 381,600 | 1.0M |
| Total Non Current Assets | 523.0M | 472.0M | 365.0M | 268.0M | 176.0M |
| Total Assets | 1.6B | 1.4B | 1.2B | 945.0M | 442.0M |
| Short Term Borrowings | -- | -- | 10.0M | -- | 135,700 |
| Accounts Payable | 131.0M | 143.0M | 129.0M | 76.0M | 73.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.7M | 3.7M | 4.7M | 5.0M | 3.6M |
| Total Current Liabilities | 261.0M | 289.0M | 233.0M | 139.0M | 115.0M |
| Total Non Current Liabilities | 31.3M | 31.5M | 27.6M | 19.4M | 9.9M |
| Total Liabilities | 293.0M | 321.0M | 261.0M | 158.0M | 125.0M |
| Paid In Capital | 80.0M | 80.0M | 80.0M | 80.0M | 60.0M |
| Capital Reserve | 495.0M | 495.0M | 495.0M | 495.0M | 140.0M |
| Surplus Reserve | 40.6M | 40.6M | 40.6M | 25.6M | 13.6M |
| Retained Earnings | 662.0M | 481.0M | 299.0M | 188.0M | 105.0M |
| Equity Attributable | 1.3B | 1.1B | 915.0M | 786.0M | 317.0M |
| Total Equity | 1.3B | 1.1B | 915.0M | 786.0M | 317.0M |
| 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 | 964.0M | 889.0M | 718.0M | 535.0M | 326.0M |
| Tax Refunds Received | 9.4M | 6.9M | 4.3M | 12.7M | 5.4M |
| Total Operating Cash Inflow | 993.0M | 927.0M | 733.0M | 555.0M | 336.0M |
| Cash Paid For Goods | 525.0M | 450.0M | 388.0M | 353.0M | 158.0M |
| Cash Paid To Employees | 146.0M | 130.0M | 113.0M | 90.1M | 60.0M |
| Taxes Paid | 55.3M | 51.2M | 20.4M | 16.0M | 12.3M |
| Total Operating Cash Outflow | 763.0M | 671.0M | 574.0M | 488.0M | 257.0M |
| Operating Cash Flow | 230.0M | 256.0M | 158.0M | 67.7M | 78.5M |
| Total Investing Cash Inflow | 396.0M | 469.0M | 1.6B | 509.0M | 106.0M |
| Total Investing Cash Outflow | 567.0M | 479.0M | 1.7B | 936.0M | 172.0M |
| Investing Cash Flow | -170.0M | -10.4M | -103.0M | -427.0M | -65.5M |
| Cash From Borrowings | -- | -- | 10.0M | -- | 135,700 |
| Dividends And Interest Paid | 32.0M | 20.0M | 20.1M | 20.0M | -- |
| Debt Repayments | -- | 10.0M | -- | -- | -- |
| Total Financing Cash Inflow | -- | -- | 10.0M | 388.0M | 135,700 |
| Total Financing Cash Outflow | 33.0M | 30.2M | 20.9M | 31.7M | -- |
| Financing Cash Flow | -33.0M | -30.2M | -10.9M | 356.0M | 135,700 |
| Net Change In Cash | 33.1M | 218.0M | 50.7M | -4.8M | 10.5M |
| Ending Cash Balance | 337.0M | 304.0M | 85.5M | 34.8M | 39.6M |
| Capex | 95.7M | 152.0M | 116.0M | 114.0M | 73.1M |