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 | 4.8B | 3.4B | 2.9B | 2.2B | 1.2B |
| Revenue Growth % | 40.1% | 18.0% | 31.8% | 87.8% | -- |
| Total Revenue | 4.8B | 3.4B | 2.9B | 2.2B | 1.2B |
| Cost Of Revenue | 4.6B | 3.2B | 2.3B | 1.6B | 925.0M |
| Gross Profit | 144.0M | 209.0M | 582.0M | 601.0M | 245.0M |
| Gross Margin % | 3.0% | 6.1% | 20.1% | 27.4% | 20.9% |
| Total Operating Cost | 5.0B | 3.4B | 2.5B | 1.8B | 1.0B |
| Selling Expenses | 12.6M | 11.9M | 9.5M | 8.7M | 5.6M |
| Admin Expenses | 57.6M | 49.8M | 45.5M | 37.2M | 25.4M |
| Rd Expenses | 171.0M | 135.0M | 109.0M | 80.9M | 46.0M |
| Finance Expenses | 34.6M | -3.1M | 2.2M | 25.7M | 21.2M |
| Operating Income | -88.2M | 38.8M | 450.0M | 435.0M | 141.0M |
| Operating Margin % | -1.8% | 1.1% | 15.5% | 19.8% | 12.1% |
| Non Operating Income | 266,300 | 28,600 | 70,500 | -- | -- |
| Non Operating Expenses | 465,700 | 1.5M | 521,300 | 703,900 | 1.0M |
| Investment Income | 10.4M | 17.1M | 10.3M | -- | -- |
| Fair Value Change Income | 30.7M | 18.4M | 5.3M | -- | -- |
| Asset Disposal Income | 17,100 | -1,300 | 38,900 | -148,100 | -80,900 |
| Asset Impairment Loss | 4.1M | 15.8M | -- | -- | -984,000 |
| Other Income | 50.3M | 34.6M | 25.1M | 6.2M | 4.9M |
| Income Before Tax | -88.4M | 37.3M | 449.0M | 435.0M | 140.0M |
| Income Tax | -4.2M | -15.8M | 36.3M | 53.3M | 16.0M |
| Net Income | -84.2M | 53.1M | 413.0M | 381.0M | 124.0M |
| Net Margin % | -1.8% | 1.6% | 14.3% | 17.3% | 10.6% |
| Net Income Attributable | -84.2M | 53.1M | 413.0M | 381.0M | 124.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | -0.47 | 0.29 | 3.43 | 5.03 | 2.45 |
| Eps Diluted | -0.47 | 0.29 | 3.43 | 5.03 | 2.45 |
| 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 | 1.2B | 1.2B | 1.8B | 199.0M | 69.8M |
| Trading Financial Assets | 1.2B | 991.0M | 295.0M | -- | -- |
| Accounts Receivable | 1.4B | 747.0M | 380.0M | 297.0M | 234.0M |
| Notes Receivable | 438.0M | 413.0M | 333.0M | 473.0M | 272.0M |
| Notes And Accounts Receivable | 1.8B | 1.2B | 713.0M | 770.0M | 506.0M |
| Prepayments | 38.6M | 8.5M | 7.9M | 578,800 | 809,000 |
| Inventory | 559.0M | 544.0M | 455.0M | 202.0M | 122.0M |
| Total Current Assets | 4.9B | 4.0B | 3.4B | 1.2B | 727.0M |
| Fixed Assets | -- | 1.2B | 959.0M | 435.0M | 319.0M |
| Fixed Assets Total | 1.2B | 1.2B | 959.0M | 435.0M | 319.0M |
| Construction In Progress | -- | 11.7M | 42.9M | 16.0M | 3.0M |
| Construction In Progress Total | 2.2M | 15.0M | 43.5M | 16.2M | 3.0M |
| Intangible Assets | 90.7M | 90.6M | 90.2M | 30.4M | 31.3M |
| Long Term Deferred Expenses | 3.1M | 4.4M | 1.6M | 1.0M | 1.4M |
| Total Non Current Assets | 1.4B | 1.4B | 1.2B | 560.0M | 395.0M |
| Total Assets | 6.4B | 5.5B | 4.7B | 1.8B | 1.1B |
| Short Term Borrowings | 472.0M | 193.0M | 10.0M | 332.0M | 167.0M |
| Accounts Payable | 173.0M | 111.0M | 104.0M | 84.1M | 58.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.2M | 561,000 | 2.0M | 1.7M | 1.9M |
| Total Current Liabilities | 2.7B | 1.6B | 629.0M | 682.0M | 415.0M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 119.0M | 110.0M | 99.9M | 25.3M | 37.0M |
| Total Liabilities | 2.8B | 1.7B | 729.0M | 707.0M | 452.0M |
| Paid In Capital | 181.0M | 131.0M | 101.0M | 50.5M | 50.5M |
| Capital Reserve | 2.8B | 2.8B | 2.9B | 306.0M | 306.0M |
| Surplus Reserve | 64.0M | 63.6M | 59.6M | 33.3M | 14.5M |
| Retained Earnings | 735.0M | 832.0M | 914.0M | 662.0M | 300.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 3.5B | 3.7B | 3.9B | 1.1B | 671.0M |
| Total Equity | 3.5B | 3.7B | 3.9B | 1.1B | 671.0M |
| 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 | 3.4B | 2.1B | 2.5B | 1.8B | 746.0M |
| Tax Refunds Received | 102.0M | 98.0M | 23.4M | -- | 3.6M |
| Total Operating Cash Inflow | 3.5B | 2.2B | 2.6B | 1.8B | 755.0M |
| Cash Paid For Goods | 3.0B | 1.8B | 2.7B | 1.6B | 713.0M |
| Cash Paid To Employees | 139.0M | 142.0M | 113.0M | 74.7M | 50.3M |
| Taxes Paid | 40.9M | 90.5M | 115.0M | 97.4M | 43.0M |
| Total Operating Cash Outflow | 3.4B | 2.1B | 3.0B | 1.8B | 826.0M |
| Operating Cash Flow | 143.0M | 104.0M | -399.0M | 3.0M | -71.6M |
| Total Investing Cash Inflow | 2.8B | 2.8B | 2.4B | 47,500 | 26,400 |
| Total Investing Cash Outflow | 3.1B | 3.7B | 2.7B | 86.9M | 3.7M |
| Investing Cash Flow | -223.0M | -821.0M | -327.0M | -86.8M | -3.6M |
| Cash From Borrowings | 627.0M | 193.0M | 215.0M | 339.0M | 311.0M |
| Dividends And Interest Paid | 25.2M | 130.0M | 142.0M | 6.1M | 9.1M |
| Debt Repayments | 350.0M | 10.0M | 303.0M | 146.0M | 184.0M |
| Total Financing Cash Inflow | 627.0M | 193.0M | 2.8B | 339.0M | 311.0M |
| Total Financing Cash Outflow | 500.0M | 263.0M | 480.0M | 159.0M | 208.0M |
| Financing Cash Flow | 127.0M | -69.9M | 2.4B | 180.0M | 103.0M |
| Net Change In Cash | 47.3M | -788.0M | 1.6B | 96.0M | 27.7M |
| Ending Cash Balance | 1.1B | 1.0B | 1.8B | 155.0M | 59.4M |
| Capex | 11.2M | 162.0M | 48.0M | 86.9M | 3.7M |