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 | 5.2B | 3.9B | 3.3B | 2.6B | 2.3B |
| Revenue Growth % | 34.0% | 18.6% | 27.0% | 10.8% | -- |
| Total Revenue | 5.2B | 3.9B | 3.3B | 2.6B | 2.3B |
| Cost Of Revenue | 4.2B | 3.3B | 2.9B | 2.3B | 2.1B |
| Gross Profit | 1.0B | 577.0M | 396.0M | 305.0M | 269.0M |
| Gross Margin % | 19.9% | 14.8% | 12.0% | 11.8% | 11.5% |
| Total Operating Cost | 5.2B | 3.9B | 3.2B | 2.5B | 2.3B |
| Selling Expenses | 658.0M | 322.0M | 180.0M | 104.0M | 90.8M |
| Admin Expenses | 167.0M | 102.0M | 77.1M | 49.3M | 44.5M |
| Rd Expenses | 16.3M | 7.2M | 524,000 | -- | -- |
| Finance Expenses | 110.0M | 73.5M | 38.1M | 36.5M | 32.9M |
| Operating Income | 78.0M | 50.9M | 77.0M | 95.8M | 91.4M |
| Operating Margin % | 1.5% | 1.3% | 2.3% | 3.7% | 3.9% |
| Non Operating Income | 2.4M | 186,800 | 127,600 | 911,600 | 265,300 |
| Non Operating Expenses | 4.4M | 2.5M | 934,600 | 685,400 | 1.5M |
| Investment Income | -377,200 | -149,600 | 319,700 | -- | -- |
| Asset Disposal Income | 1.4M | 1.1M | 320,700 | -- | -1,900 |
| Asset Impairment Loss | 13.1M | 6.1M | 2.4M | 28,100 | -- |
| Other Income | 29.4M | 13.0M | 6.2M | 4.0M | 3.7M |
| Income Before Tax | 76.0M | 48.6M | 76.2M | 96.0M | 90.1M |
| Income Tax | 24.7M | 10.5M | 20.9M | 27.8M | 25.3M |
| Net Income | 51.3M | 38.0M | 55.3M | 68.3M | 64.9M |
| Net Margin % | 1.0% | 1.0% | 1.7% | 2.6% | 2.8% |
| Net Income Attributable | 26.6M | 34.3M | 51.1M | 68.3M | 64.9M |
| Minority Interest | 24.8M | 3.7M | 4.2M | -- | -- |
| Eps Basic | 0.13 | 0.17 | 0.25 | 0.44 | 0.42 |
| Eps Diluted | 0.13 | 0.17 | 0.25 | 0.44 | 0.42 |
| 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 | 620.0M | 649.0M | 543.0M | 748.0M | 229.0M |
| Trading Financial Assets | -- | -- | 100.0M | -- | -- |
| Accounts Receivable | 1.7B | 1.6B | 1.4B | 1.3B | 1.1B |
| Notes Receivable | 94.6M | 101.0M | 114.0M | 119.0M | 125.0M |
| Notes And Accounts Receivable | 1.8B | 1.7B | 1.5B | 1.4B | 1.2B |
| Prepayments | 284.0M | 220.0M | 262.0M | 84.6M | 57.8M |
| Inventory | 858.0M | 629.0M | 433.0M | 250.0M | 287.0M |
| Total Current Assets | 3.7B | 3.3B | 3.0B | 2.6B | 1.9B |
| Long Term Equity Investment | 58.1M | 58.5M | -- | -- | -- |
| Fixed Assets | -- | 400.0M | 382.0M | 226.0M | 222.0M |
| Fixed Assets Total | 698.0M | 400.0M | 382.0M | 226.0M | 222.0M |
| Construction In Progress | -- | 152.0M | 26.4M | 1.6M | 10.0M |
| Construction In Progress Total | 25.6M | 152.0M | 26.4M | 1.6M | 10.0M |
| Intangible Assets | 136.0M | 138.0M | 104.0M | 25.8M | 26.3M |
| Long Term Deferred Expenses | 48.3M | 37.0M | 30.5M | 18.5M | 5.6M |
| Total Non Current Assets | 2.5B | 2.0B | 920.0M | 348.0M | 272.0M |
| Total Assets | 6.2B | 5.3B | 3.9B | 3.0B | 2.2B |
| Short Term Borrowings | 1.9B | 1.5B | 1.2B | 589.0M | 586.0M |
| Accounts Payable | 553.0M | 403.0M | 315.0M | 342.0M | 328.0M |
| Advance Receipts | 243,500 | 758,200 | 19,800 | 176,900 | 216,600 |
| Contract Liabilities | 71.6M | 20.4M | 11.0M | 76.0M | 58.4M |
| Total Current Liabilities | 3.3B | 2.6B | 1.8B | 1.2B | 1.0B |
| Long Term Borrowings | 886.0M | 834.0M | 211.0M | 106.0M | 86.1M |
| Total Non Current Liabilities | 1.0B | 941.0M | 300.0M | 150.0M | 86.1M |
| Total Liabilities | 4.3B | 3.5B | 2.1B | 1.3B | 1.1B |
| Paid In Capital | 205.0M | 207.0M | 207.0M | 207.0M | 155.0M |
| Capital Reserve | 981.0M | 990.0M | 995.0M | 995.0M | 477.0M |
| Surplus Reserve | 6.7M | 5.6M | 5.3M | 5.1M | 5.0M |
| Retained Earnings | 561.0M | 544.0M | 516.0M | 473.0M | 405.0M |
| Minority Equity | 91.9M | 34.4M | 94.9M | -- | -- |
| Equity Attributable | 1.8B | 1.7B | 1.7B | 1.7B | 1.0B |
| Total Equity | 1.8B | 1.8B | 1.8B | 1.7B | 1.0B |
| 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 | 5.2B | 3.5B | 3.0B | 2.2B | 2.1B |
| Tax Refunds Received | -- | 821,600 | -- | -- | -- |
| Total Operating Cash Inflow | 5.3B | 3.6B | 3.0B | 2.2B | 2.1B |
| Cash Paid For Goods | 4.3B | 3.1B | 3.2B | 2.1B | 2.0B |
| Cash Paid To Employees | 423.0M | 251.0M | 132.0M | 82.1M | 63.5M |
| Taxes Paid | 130.0M | 100.0M | 88.7M | 80.4M | 130.0M |
| Total Operating Cash Outflow | 5.2B | 3.6B | 3.5B | 2.4B | 2.2B |
| Operating Cash Flow | 24.0M | 27.1M | -494.0M | -162.0M | -151.0M |
| Total Investing Cash Inflow | 27.2M | 135.0M | 400,800 | -- | -- |
| Total Investing Cash Outflow | 715.0M | 934.0M | 505.0M | 33.3M | 45.9M |
| Investing Cash Flow | -688.0M | -799.0M | -504.0M | -33.3M | -45.9M |
| Cash From Borrowings | 2.3B | 2.1B | 1.5B | 820.0M | 792.0M |
| Dividends And Interest Paid | 96.4M | 76.1M | 41.2M | 31.0M | 31.0M |
| Debt Repayments | 1.7B | 1.3B | 758.0M | 776.0M | 554.0M |
| Total Financing Cash Inflow | 2.7B | 2.4B | 1.6B | 1.5B | 875.0M |
| Total Financing Cash Outflow | 2.1B | 1.5B | 822.0M | 836.0M | 611.0M |
| Financing Cash Flow | 571.0M | 864.0M | 786.0M | 699.0M | 264.0M |
| Net Change In Cash | -92.9M | 92.8M | -212.0M | 504.0M | 66.9M |
| Ending Cash Balance | 521.0M | 614.0M | 521.0M | 733.0M | 229.0M |
| Capex | 187.0M | 227.0M | 209.0M | 33.3M | 45.9M |