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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 686.0M | 752.0M | 906.0M | 498.0M | 245.0M | 221.0M | 204.0M | 142.0M | 66.5M | 62.9M |
| Revenue Growth % | -8.8% | -17.0% | 81.9% | 103.3% | 10.9% | 8.3% | 43.7% | 113.4% | 5.9% | -- |
| Total Revenue | 686.0M | 752.0M | 906.0M | 498.0M | 245.0M | 221.0M | 204.0M | 142.0M | 66.5M | 62.9M |
| Cost Of Revenue | 488.0M | 363.0M | 333.0M | 179.0M | 139.0M | 124.0M | 100.0M | 75.2M | 47.5M | 47.5M |
| Gross Profit | 198.0M | 389.0M | 573.0M | 319.0M | 106.0M | 97.0M | 104.0M | 66.8M | 19.0M | 15.3M |
| Gross Margin % | 28.9% | 51.7% | 63.2% | 64.1% | 43.3% | 43.9% | 51.0% | 47.0% | 28.6% | 24.4% |
| Total Operating Cost | 546.0M | 417.0M | 396.0M | 234.0M | 167.0M | 152.0M | 137.0M | 93.4M | 61.8M | 65.2M |
| Selling Expenses | 7.0M | 6.5M | 6.0M | 5.6M | 4.2M | 4.2M | 2.9M | 3.0M | 1.3M | 1.2M |
| Admin Expenses | 28.8M | 26.3M | 16.7M | 15.3M | 8.3M | 7.6M | 12.8M | 4.9M | 12.3M | 12.5M |
| Rd Expenses | 33.9M | 43.9M | 44.1M | 26.6M | 10.0M | 9.2M | 7.9M | 6.3M | -- | -- |
| Finance Expenses | -25.7M | -32.5M | -15.7M | 2.4M | 2.0M | 777,400 | 263,300 | 873,600 | 2.4M | 2.7M |
| Operating Income | 235.0M | 414.0M | 536.0M | 277.0M | 85.0M | 73.1M | 66.8M | 48.6M | 4.8M | -2.4M |
| Operating Margin % | 34.3% | 55.1% | 59.2% | 55.6% | 34.7% | 33.1% | 32.8% | 34.3% | 7.2% | -3.8% |
| Non Operating Income | 708,600 | 547,200 | 98,700 | -- | 2,000 | 70,000 | 20.9M | 165,100 | 3.8M | 5.5M |
| Non Operating Expenses | 375,900 | 196,700 | 54,800 | 20,000 | 223,000 | 71,100 | 3.0M | 10,000 | 5,100 | 3,000 |
| Investment Income | 64.6M | 54.8M | 13.3M | 229,000 | 201,300 | 1.2M | 1.1M | -- | -- | -- |
| Fair Value Change Income | 9.1M | 7.6M | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -735,000 | -10,900 | -- | -- | -- | -- | -2.5M | -- | -- | -- |
| Asset Impairment Loss | 14.8M | 6.0M | 2.1M | 931,200 | 2.6M | 4.1M | 12.9M | 2.6M | -1.8M | 1.2M |
| Other Income | 21.8M | 16.4M | 12.8M | 12.1M | 6.8M | 2.6M | 1.5M | 341,900 | -- | -- |
| Income Before Tax | 235.0M | 414.0M | 536.0M | 277.0M | 84.8M | 73.1M | 84.7M | 48.8M | 8.5M | 3.1M |
| Income Tax | 34.3M | 50.4M | 76.0M | 37.5M | 11.8M | 10.0M | 12.6M | 6.6M | 1.4M | 26,000 |
| Net Income | 201.0M | 364.0M | 460.0M | 240.0M | 73.0M | 63.1M | 72.1M | 42.2M | 7.1M | 3.1M |
| Net Margin % | 29.3% | 48.4% | 50.8% | 48.2% | 29.8% | 28.6% | 35.3% | 29.7% | 10.7% | 4.9% |
| Net Income Attributable | 201.0M | 364.0M | 460.0M | 240.0M | 73.0M | 63.1M | 72.1M | 42.4M | 7.1M | 3.1M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -21,200 | -184,200 | -- | -- |
| Eps Basic | 0.79 | 1.40 | 3.57 | 4.88 | 1.61 | 1.41 | 1.67 | 1.29 | 0.24 | 0.10 |
| Eps Diluted | 0.79 | 1.40 | 3.57 | 4.88 | 1.61 | 1.41 | 1.67 | 1.29 | 0.24 | 0.10 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.3B | 1.3B | 3.1B | 257.0M | 128.0M | 86.1M | 28.1M | 35.6M | 1.4M | 6.1M |
| Trading Financial Assets | 2.5B | 2.5B | 1.3B | 149.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 36.6M | 125.0M | 158.0M | 61.0M | 60.1M | 55.7M | 30.3M | 27.0M | 13.7M | 17.8M |
| Notes Receivable | 66.8M | 134.0M | 1.5M | -- | -- | -- | 28.7M | 19.4M | 4.0M | 3.3M |
| Notes And Accounts Receivable | 103.0M | 259.0M | 159.0M | 61.0M | 60.1M | 55.7M | 59.0M | 46.4M | 17.7M | 21.0M |
| Prepayments | 6.3M | 6.1M | 11.2M | 3.9M | 2.0M | 427,600 | 837,700 | 1.7M | 1.7M | 6.1M |
| Inventory | 416.0M | 321.0M | 205.0M | 130.0M | 97.1M | 111.0M | 121.0M | 107.0M | 2.8M | 5.2M |
| Total Current Assets | 4.4B | 4.5B | 4.9B | 702.0M | 376.0M | 303.0M | 263.0M | 200.0M | 41.6M | 70.6M |
| Long Term Equity Investment | 4.8M | 5.6M | 6.7M | 2.9M | 2.9M | 2.9M | 2.9M | -- | -- | -- |
| Fixed Assets | -- | 1.8B | 998.0M | 609.0M | 275.0M | 176.0M | 146.0M | 126.0M | 75.8M | 63.8M |
| Fixed Assets Total | 1.8B | 1.8B | 998.0M | 609.0M | 275.0M | 176.0M | 146.0M | 126.0M | 75.8M | 63.8M |
| Construction In Progress | -- | 80.1M | 199.0M | 26.9M | 93.8M | 41.0M | 1.6M | -- | -- | -- |
| Construction In Progress Total | 96.8M | 80.1M | 202.0M | 27.5M | 94.5M | 41.0M | 1.6M | -- | -- | -- |
| Intangible Assets | 177.0M | 88.1M | 69.1M | 28.9M | 29.5M | 29.1M | 2.6M | 2.7M | -- | -- |
| Long Term Deferred Expenses | 17.7M | 14.7M | 9.8M | 4.2M | 6.0M | 7.3M | 6.6M | 5.4M | -- | -- |
| Total Non Current Assets | 2.1B | 2.0B | 1.3B | 721.0M | 419.0M | 265.0M | 166.0M | 137.0M | 76.0M | 64.4M |
| Total Assets | 6.6B | 6.5B | 6.2B | 1.4B | 795.0M | 569.0M | 429.0M | 337.0M | 118.0M | 135.0M |
| Short Term Borrowings | 418.0M | 6.2M | -- | 11.0M | 10.0M | 8.0M | -- | -- | 18.0M | 18.0M |
| Accounts Payable | 154.0M | 323.0M | 334.0M | 118.0M | 148.0M | 91.3M | 58.7M | 41.1M | 18.5M | 22.7M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.4M | 20.3M | 62.2M | 533,100 | 3.4M |
| Contract Liabilities | 20.9M | 18.6M | 16.8M | 24.5M | 7.0M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 817.0M | 861.0M | 590.0M | 354.0M | 276.0M | 152.0M | 108.0M | 120.0M | 61.2M | 83.1M |
| Long Term Borrowings | 222.0M | 219.0M | 267.0M | 44.9M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 470.0M | 353.0M | 360.0M | 111.0M | 73.9M | 44.1M | 33.1M | 26.8M | 20.8M | 23.4M |
| Total Liabilities | 1.3B | 1.2B | 950.0M | 465.0M | 350.0M | 196.0M | 141.0M | 147.0M | 81.9M | 106.0M |
| Paid In Capital | 260.0M | 260.0M | 145.0M | 60.4M | 45.3M | 45.3M | 43.9M | 41.3M | 30.0M | 30.0M |
| Capital Reserve | 4.1B | 4.1B | 4.2B | 382.0M | 123.0M | 123.0M | 104.0M | 80.6M | -- | -- |
| Surplus Reserve | 90.5M | 89.7M | 64.5M | 30.2M | 22.6M | 19.9M | 14.1M | 6.8M | 568,400 | -- |
| Retained Earnings | 1.1B | 1.0B | 852.0M | 487.0M | 255.0M | 184.0M | 127.0M | 62.1M | 5.1M | -1.5M |
| Minority Equity | -- | -- | -- | -- | -- | -- | -- | -112,000 | -- | -- |
| Equity Attributable | 5.3B | 5.3B | 5.3B | 958.0M | 445.0M | 373.0M | 288.0M | 191.0M | 35.7M | 28.5M |
| Total Equity | 5.3B | 5.3B | 5.3B | 958.0M | 445.0M | 373.0M | 288.0M | 191.0M | 35.7M | 28.5M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 819.0M | 632.0M | 567.0M | 470.0M | 145.0M | 108.0M | 72.2M | 87.9M | 34.1M | 36.5M |
| Tax Refunds Received | 10.4M | 9.2M | 75.2M | 21.2M | 147,300 | 241,600 | 506,100 | -- | -- | -- |
| Total Operating Cash Inflow | 1.0B | 730.0M | 714.0M | 515.0M | 181.0M | 126.0M | 101.0M | 96.8M | 48.5M | 41.3M |
| Cash Paid For Goods | 310.0M | 269.0M | 206.0M | 132.0M | 40.0M | 55.8M | 25.2M | 50.2M | 20.2M | 21.3M |
| Cash Paid To Employees | 69.0M | 59.0M | 44.2M | 32.0M | 18.4M | 17.6M | 15.8M | 11.7M | 10.7M | 11.1M |
| Taxes Paid | 50.9M | 93.9M | 111.0M | 51.8M | 14.8M | 19.2M | 11.8M | 7.7M | 322,200 | 217,700 |
| Total Operating Cash Outflow | 438.0M | 449.0M | 385.0M | 227.0M | 81.2M | 103.0M | 64.6M | 82.7M | 35.9M | 36.4M |
| Operating Cash Flow | 568.0M | 281.0M | 329.0M | 288.0M | 100.0M | 22.7M | 36.4M | 14.1M | 12.6M | 4.9M |
| Total Investing Cash Inflow | 6.3B | 4.0B | 5.1B | 83.0M | 78.3M | 248.0M | 326.0M | -- | -- | -- |
| Total Investing Cash Outflow | 6.9B | 6.0B | 6.7B | 598.0M | 171.0M | 264.0M | 400.0M | 15.6M | 11.2M | 6.6M |
| Investing Cash Flow | -673.0M | -2.0B | -1.6B | -515.0M | -92.7M | -15.9M | -74.1M | -15.6M | -11.2M | -6.6M |
| Cash From Borrowings | 660.0M | 300.0M | 275.0M | 55.9M | 6.9M | 8.0M | -- | -- | 18.0M | 18.0M |
| Dividends And Interest Paid | 192.0M | 154.0M | 63.5M | 2.5M | 937,700 | 8.6M | -- | -- | 1.6M | 1.8M |
| Debt Repayments | 334.0M | 248.0M | 64.1M | 10.0M | 4.9M | -- | -- | -- | 18.0M | 18.0M |
| Total Financing Cash Inflow | 660.0M | 300.0M | 4.2B | 333.0M | 27.5M | 48.9M | 22.0M | 76.9M | 19.5M | 22.5M |
| Total Financing Cash Outflow | 591.0M | 552.0M | 131.0M | 61.2M | 26.9M | 27.1M | -- | 44.8M | 19.6M | 21.3M |
| Financing Cash Flow | 69.4M | -252.0M | 4.0B | 272.0M | 561,800 | 21.8M | 22.0M | 32.1M | -119,100 | 1.2M |
| Net Change In Cash | -27.7M | -2.0B | 2.8B | 44.8M | 7.6M | 28.7M | -15.6M | 30.7M | 1.3M | -501,500 |
| Ending Cash Balance | 903.0M | 930.0M | 2.9B | 101.0M | 55.9M | 48.3M | 19.6M | 35.1M | 1.4M | 111,000 |
| Capex | 455.0M | 810.0M | 487.0M | 365.0M | 92.9M | 62.4M | 27.2M | 15.6M | 11.2M | 6.6M |