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 | 2.7B | 2.5B | 2.6B | 2.2B | 1.1B |
| Revenue Growth % | 5.2% | -1.6% | 14.8% | 107.9% | -- |
| Total Revenue | 2.7B | 2.5B | 2.6B | 2.2B | 1.1B |
| Cost Of Revenue | 2.5B | 2.3B | 2.4B | 1.9B | 920.0M |
| Gross Profit | 189.0M | 202.0M | 212.0M | 321.0M | 156.0M |
| Gross Margin % | 7.1% | 8.0% | 8.3% | 14.3% | 14.5% |
| Total Operating Cost | 2.6B | 2.5B | 2.4B | 2.0B | 948.0M |
| Selling Expenses | 7.3M | 8.5M | 5.6M | 3.8M | 2.5M |
| Admin Expenses | 32.2M | 26.2M | 28.5M | 15.6M | 10.3M |
| Rd Expenses | 6.0M | 8.1M | 9.7M | 12.6M | 6.5M |
| Finance Expenses | 13.0M | 10.3M | 728,900 | 1.4M | 3.0M |
| Operating Income | 127.0M | 93.9M | 166.0M | 272.0M | 133.0M |
| Operating Margin % | 4.8% | 3.7% | 6.5% | 12.2% | 12.4% |
| Non Operating Income | 19,600 | 77,600 | 2.00 | 33,000 | 18,800 |
| Non Operating Expenses | 955,200 | 331,300 | 10,000 | 1.3M | -- |
| Investment Income | 8.0M | 7.2M | 17.2M | 5.5M | -2.0M |
| Fair Value Change Income | 8.3M | 12.4M | -9.4M | 4.5M | -2.4M |
| Asset Disposal Income | -97,000 | -1.6M | 5.2M | -1,300 | -3.0M |
| Asset Impairment Loss | 32.3M | 85.0M | 11.6M | 30.1M | 183,700 |
| Other Income | 22.5M | 18.6M | 12.9M | 18.3M | 12.4M |
| Income Before Tax | 126.0M | 93.7M | 166.0M | 270.0M | 133.0M |
| Income Tax | 7.4M | -10.3M | 22.2M | 23.9M | 12.0M |
| Net Income | 118.0M | 104.0M | 144.0M | 246.0M | 121.0M |
| Net Margin % | 4.4% | 4.1% | 5.6% | 11.0% | 11.2% |
| Net Income Attributable | 117.0M | 105.0M | 146.0M | 246.0M | 121.0M |
| Minority Interest | 1.9M | -708,600 | -1.7M | -- | -- |
| Eps Basic | 1.03 | 0.92 | 1.29 | 2.55 | 1.43 |
| Eps Diluted | 1.03 | 0.92 | 1.29 | 2.55 | 1.43 |
| 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 | 290.0M | 117.0M | 7.1M | 160.0M | 55.7M |
| Trading Financial Assets | 121.0M | -- | 250.0M | 278.0M | 100,000 |
| Accounts Receivable | 155.0M | 90.5M | 36.4M | 38.9M | 61.7M |
| Notes Receivable | -- | 6.9M | 490,000 | 761,900 | -- |
| Notes And Accounts Receivable | 155.0M | 97.3M | 36.9M | 39.7M | 61.7M |
| Prepayments | 452.0M | 4.7M | 7.3M | 89.2M | 81.9M |
| Inventory | 880.0M | 937.0M | 823.0M | 565.0M | 361.0M |
| Total Current Assets | 2.0B | 1.3B | 1.2B | 1.2B | 602.0M |
| Long Term Equity Investment | 17.4M | 21.4M | 20.9M | 13.2M | 15.6M |
| Fixed Assets | -- | 285.0M | 139.0M | 119.0M | 124.0M |
| Fixed Assets Total | 406.0M | 285.0M | 139.0M | 119.0M | 124.0M |
| Construction In Progress | -- | 167.0M | 214.0M | 38.5M | 10.7M |
| Construction In Progress Total | 120.0M | 167.0M | 214.0M | 38.5M | 10.7M |
| Intangible Assets | 55.6M | 57.3M | 54.3M | 11.4M | 11.6M |
| Long Term Deferred Expenses | 5.6M | 7.8M | 3.2M | 56,100 | -- |
| Total Non Current Assets | 1.0B | 609.0M | 484.0M | 244.0M | 190.0M |
| Total Assets | 3.0B | 1.9B | 1.7B | 1.4B | 792.0M |
| Short Term Borrowings | 569.0M | 253.0M | 90.1M | 38.6M | 115.0M |
| Accounts Payable | 29.9M | 23.7M | 24.9M | 17.1M | 87.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 15.2M | 8.7M | 15.3M | 48.5M | 5.3M |
| Total Current Liabilities | 1.4B | 326.0M | 212.0M | 124.0M | 223.0M |
| Total Non Current Liabilities | 36.3M | 34.0M | 28.0M | 9.2M | 7.8M |
| Total Liabilities | 1.5B | 360.0M | 240.0M | 133.0M | 230.0M |
| Paid In Capital | 113.0M | 113.0M | 113.0M | 113.0M | 85.0M |
| Capital Reserve | 572.0M | 574.0M | 573.0M | 567.0M | 124.0M |
| Surplus Reserve | 101.0M | 90.6M | 76.3M | 62.1M | 36.6M |
| Retained Earnings | 740.0M | 668.0M | 623.0M | 536.0M | 316.0M |
| Minority Equity | 72.7M | 88.5M | 72.1M | -- | -- |
| Equity Attributable | 1.5B | 1.4B | 1.4B | 1.3B | 561.0M |
| Total Equity | 1.6B | 1.5B | 1.5B | 1.3B | 561.0M |
| 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 | 3.0B | 2.8B | 2.8B | 2.6B | 1.2B |
| Tax Refunds Received | 5.5M | 9.5M | 7.8M | 14.2M | 5.2M |
| Total Operating Cash Inflow | 3.0B | 2.8B | 2.9B | 2.7B | 1.3B |
| Cash Paid For Goods | 2.7B | 2.9B | 2.8B | 2.4B | 1.1B |
| Cash Paid To Employees | 27.5M | 35.5M | 32.6M | 20.7M | 15.1M |
| Taxes Paid | 32.8M | 34.1M | 59.0M | 80.1M | 31.1M |
| Total Operating Cash Outflow | 3.0B | 3.0B | 2.9B | 2.6B | 1.3B |
| Operating Cash Flow | 15.4M | -123.0M | -47.2M | 101.0M | 25.2M |
| Total Investing Cash Inflow | 918.0M | 348.0M | 2.1B | 3.2B | 1.0B |
| Total Investing Cash Outflow | 1.2B | 237.0M | 2.2B | 3.5B | 1.0B |
| Investing Cash Flow | -257.0M | 112.0M | -154.0M | -363.0M | -21.8M |
| Cash From Borrowings | 1.2B | 620.0M | 90.0M | 109.0M | 178.0M |
| Dividends And Interest Paid | 42.0M | 54.8M | 45.9M | 923,000 | 2.6M |
| Debt Repayments | 847.0M | 538.0M | 38.6M | 185.0M | 158.0M |
| Total Financing Cash Inflow | 1.2B | 718.0M | 158.0M | 591.0M | 178.0M |
| Total Financing Cash Outflow | 991.0M | 674.0M | 105.0M | 195.0M | 163.0M |
| Financing Cash Flow | 246.0M | 43.4M | 53.1M | 397.0M | 15.4M |
| Net Change In Cash | 4.7M | 31.3M | -148.0M | 134.0M | 18.8M |
| Ending Cash Balance | 41.9M | 37.2M | 6.0M | 154.0M | 19.5M |
| Capex | 116.0M | 151.0M | 176.0M | 61.9M | 18.0M |