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 | 9.6B | 9.2B | 7.8B | 5.3B | 4.6B |
| Revenue Growth % | 4.1% | 17.5% | 47.0% | 14.7% | -- |
| Total Revenue | 9.6B | 9.2B | 7.8B | 5.3B | 4.6B |
| Cost Of Revenue | 7.1B | 6.6B | 5.6B | 3.8B | 3.2B |
| Gross Profit | 2.4B | 2.6B | 2.2B | 1.5B | 1.4B |
| Gross Margin % | 25.4% | 28.3% | 28.6% | 28.5% | 30.1% |
| Total Operating Cost | 9.8B | 9.0B | 7.5B | 5.2B | 4.4B |
| Selling Expenses | 2.1B | 2.0B | 1.6B | 1.2B | 931.0M |
| Admin Expenses | 311.0M | 297.0M | 207.0M | 158.0M | 123.0M |
| Rd Expenses | -- | -- | 51,100 | -- | -- |
| Finance Expenses | 137.0M | 118.0M | 76.3M | 28.6M | 6.9M |
| Operating Income | -178.0M | 198.0M | 324.0M | 174.0M | 280.0M |
| Operating Margin % | -1.9% | 2.2% | 4.1% | 3.3% | 6.0% |
| Non Operating Income | 3.8M | 852,400 | 10.4M | 494,000 | 13.2M |
| Non Operating Expenses | 39.1M | 21.3M | 14.0M | 23.8M | 1.0M |
| Investment Income | 892,500 | 2.2M | 973,900 | 3.0M | -459,400 |
| Fair Value Change Income | 8.5M | 65,100 | 108,500 | 24.8M | -200,000 |
| Asset Disposal Income | 23.1M | 10.4M | 2.2M | -694,000 | -- |
| Asset Impairment Loss | 64.7M | 10.4M | 5.8M | 2.0M | 1.8M |
| Other Income | 22.4M | 25.4M | 23.4M | 20.4M | 7.7M |
| Income Before Tax | -213.0M | 178.0M | 321.0M | 150.0M | 293.0M |
| Income Tax | -8.3M | 37.5M | 87.3M | 36.1M | 73.1M |
| Net Income | -205.0M | 140.0M | 233.0M | 114.0M | 220.0M |
| Net Margin % | -2.1% | 1.5% | 3.0% | 2.1% | 4.7% |
| Net Income Attributable | -189.0M | 133.0M | 229.0M | 115.0M | 216.0M |
| Minority Interest | -16.2M | 7.0M | 3.8M | -603,400 | 3.2M |
| Eps Basic | -0.47 | 0.33 | 0.57 | 0.30 | 0.59 |
| Eps Diluted | -0.47 | 0.33 | 0.57 | 0.30 | 0.59 |
| 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 | 1.4B | 1.4B | 1.9B | 622.0M | 564.0M |
| Trading Financial Assets | -- | 100.0M | -- | 121.0M | -- |
| Accounts Receivable | 1.3B | 1.2B | 770.0M | 311.0M | 258.0M |
| Notes Receivable | 33.0M | 140.0M | 126.0M | 151.0M | -- |
| Notes And Accounts Receivable | 1.3B | 1.3B | 896.0M | 462.0M | 258.0M |
| Prepayments | 341.0M | 417.0M | 336.0M | 207.0M | 212.0M |
| Inventory | 1.9B | 2.1B | 1.8B | 1.2B | 912.0M |
| Total Current Assets | 5.3B | 5.5B | 5.0B | 2.7B | 2.0B |
| Long Term Equity Investment | 116.0M | 108.0M | 142.0M | 92.4M | 94.8M |
| Fixed Assets | -- | 395.0M | 403.0M | 372.0M | 336.0M |
| Fixed Assets Total | 508.0M | 395.0M | 403.0M | 372.0M | 336.0M |
| Construction In Progress | -- | 146.0M | 25.6M | 22.6M | 46.8M |
| Construction In Progress Total | 163.0M | 146.0M | 25.6M | 22.6M | 46.8M |
| Intangible Assets | 130.0M | 128.0M | 112.0M | 68.9M | 69.9M |
| Long Term Deferred Expenses | 97.2M | 116.0M | 103.0M | 68.4M | 66.0M |
| Total Non Current Assets | 4.0B | 3.8B | 2.9B | 2.3B | 1.1B |
| Total Assets | 9.3B | 9.3B | 7.9B | 5.0B | 3.1B |
| Short Term Borrowings | 1.7B | 1.6B | 1.2B | 551.0M | 108.0M |
| Accounts Payable | 1.2B | 1.3B | 1.3B | 762.0M | 592.0M |
| Advance Receipts | 7.8M | 5.5M | 4.8M | 4.5M | 3.9M |
| Contract Liabilities | 76.0M | 91.4M | 68.6M | 28.0M | 23.0M |
| Total Current Liabilities | 5.4B | 5.3B | 4.2B | 2.6B | 1.5B |
| Long Term Borrowings | 632.0M | 658.0M | 338.0M | 162.0M | -- |
| Total Non Current Liabilities | 1.8B | 1.7B | 1.4B | 466.0M | 18.2M |
| Total Liabilities | 7.1B | 7.0B | 5.6B | 3.1B | 1.5B |
| Paid In Capital | 405.0M | 405.0M | 405.0M | 405.0M | 365.0M |
| Capital Reserve | 832.0M | 831.0M | 857.0M | 857.0M | 598.0M |
| Surplus Reserve | 72.7M | 66.7M | 55.9M | 44.2M | 39.5M |
| Retained Earnings | 632.0M | 847.0M | 771.0M | 583.0M | 517.0M |
| Minority Equity | 84.7M | 74.2M | 35.8M | 24.4M | 10.3M |
| Equity Attributable | 2.0B | 2.3B | 2.2B | 1.9B | 1.5B |
| Total Equity | 2.1B | 2.4B | 2.3B | 1.9B | 1.5B |
| 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 | 10.3B | 9.5B | 7.9B | 5.8B | 5.3B |
| Tax Refunds Received | 1.6M | 155,200 | 12,700 | -- | -- |
| Total Operating Cash Inflow | 10.4B | 9.5B | 7.9B | 5.8B | 5.4B |
| Cash Paid For Goods | 7.7B | 7.3B | 6.2B | 4.3B | 3.9B |
| Cash Paid To Employees | 1.4B | 1.3B | 1.0B | 737.0M | 604.0M |
| Taxes Paid | 308.0M | 297.0M | 226.0M | 225.0M | 212.0M |
| Total Operating Cash Outflow | 9.9B | 9.4B | 7.8B | 5.6B | 5.1B |
| Operating Cash Flow | 489.0M | 143.0M | 148.0M | 238.0M | 234.0M |
| Total Investing Cash Inflow | 209.0M | 723.0M | 554.0M | 33.6M | 17.3M |
| Total Investing Cash Outflow | 439.0M | 1.7B | 839.0M | 800.0M | 253.0M |
| Investing Cash Flow | -230.0M | -966.0M | -285.0M | -766.0M | -236.0M |
| Cash From Borrowings | 1.7B | 1.6B | 1.2B | 608.0M | 286.0M |
| Dividends And Interest Paid | 107.0M | 132.0M | 69.9M | 55.7M | 21.8M |
| Debt Repayments | 1.5B | 1.0B | 511.0M | 127.0M | 298.0M |
| Total Financing Cash Inflow | 2.0B | 2.2B | 2.3B | 1.0B | 286.0M |
| Total Financing Cash Outflow | 2.3B | 2.0B | 965.0M | 455.0M | 320.0M |
| Financing Cash Flow | -277.0M | 142.0M | 1.3B | 578.0M | -33.8M |
| Net Change In Cash | -17.6M | -681.0M | 1.2B | 48.8M | -35.1M |
| Ending Cash Balance | 812.0M | 830.0M | 1.5B | 326.0M | 277.0M |
| Capex | 174.0M | 182.0M | 110.0M | 137.0M | 194.0M |