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 | 2.7B | 1.7B | 1.7B | 1.4B |
| Revenue Growth % | -1.5% | 57.5% | 0.9% | 25.6% | -- |
| Total Revenue | 2.7B | 2.7B | 1.7B | 1.7B | 1.4B |
| Cost Of Revenue | 1.7B | 1.5B | 1.0B | 968.0M | 774.0M |
| Gross Profit | 990.0M | 1.2B | 719.0M | 742.0M | 588.0M |
| Gross Margin % | 37.0% | 44.0% | 41.7% | 43.4% | 43.2% |
| Total Operating Cost | 2.7B | 2.4B | 1.7B | 1.6B | 1.2B |
| Selling Expenses | 501.0M | 449.0M | 344.0M | 317.0M | 253.0M |
| Admin Expenses | 383.0M | 365.0M | 270.0M | 243.0M | 170.0M |
| Rd Expenses | 8.0M | 11.0M | 6.6M | -- | -- |
| Finance Expenses | 85.1M | 64.7M | 47.5M | 48.4M | 3.0M |
| Operating Income | 7.1M | 386.0M | 67.5M | 143.0M | 159.0M |
| Operating Margin % | 0.3% | 14.2% | 3.9% | 8.4% | 11.7% |
| Non Operating Income | 1.9M | 867,000 | 383,600 | 497,100 | 690,900 |
| Non Operating Expenses | 35.0M | 24.6M | 8.7M | 4.7M | 7.1M |
| Investment Income | -3.6M | 78.2M | 15.2M | 9.5M | 1.9M |
| Fair Value Change Income | 93,300 | 101,600 | -- | -- | -- |
| Asset Disposal Income | -926,600 | 57,700 | 564,400 | 927,900 | 745,600 |
| Asset Impairment Loss | 6.1M | 1.8M | 3.0M | 10.9M | 13.2M |
| Other Income | 13.6M | 14.1M | 9.9M | 13.7M | 12.0M |
| Income Before Tax | -26.0M | 362.0M | 59.2M | 139.0M | 153.0M |
| Income Tax | 66.8M | 84.2M | 38.7M | 45.0M | 44.0M |
| Net Income | -92.8M | 278.0M | 20.6M | 93.9M | 109.0M |
| Net Margin % | -3.5% | 10.2% | 1.2% | 5.5% | 8.0% |
| Net Income Attributable | -102.0M | 268.0M | 20.6M | 93.9M | 109.0M |
| Minority Interest | 9.0M | 10.1M | -- | -- | -- |
| Eps Basic | -0.68 | 1.79 | 0.16 | 0.84 | 0.97 |
| Eps Diluted | -0.68 | 1.79 | 0.16 | 0.84 | 0.97 |
| 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 | 481.0M | 807.0M | 926.0M | 171.0M | 285.0M |
| Trading Financial Assets | 20.1M | 30.1M | -- | -- | -- |
| Accounts Receivable | 101.0M | 119.0M | 58.1M | 54.3M | 65.2M |
| Notes And Accounts Receivable | 101.0M | 119.0M | 58.1M | 54.3M | 65.2M |
| Prepayments | 12.0M | 9.7M | 9.8M | 14.3M | 15.8M |
| Inventory | 148.0M | 152.0M | 108.0M | 90.0M | 80.6M |
| Total Current Assets | 869.0M | 1.2B | 1.2B | 419.0M | 531.0M |
| Long Term Equity Investment | 170.0M | 104.0M | 267.0M | 169.0M | 31,000 |
| Fixed Assets | -- | 866.0M | 392.0M | 350.0M | 319.0M |
| Fixed Assets Total | 1.2B | 866.0M | 392.0M | 350.0M | 319.0M |
| Construction In Progress | -- | 276.0M | 62.5M | 145.0M | 42.1M |
| Construction In Progress Total | 53.1M | 276.0M | 62.5M | 145.0M | 42.1M |
| Intangible Assets | 46.7M | 51.0M | 10.5M | 12.4M | 15.1M |
| Long Term Deferred Expenses | 488.0M | 421.0M | 389.0M | 205.0M | 184.0M |
| Total Non Current Assets | 3.7B | 3.6B | 2.5B | 1.9B | 625.0M |
| Total Assets | 4.6B | 4.8B | 3.7B | 2.3B | 1.2B |
| Short Term Borrowings | 159.0M | 233.0M | 103.0M | 110.0M | -- |
| Accounts Payable | 250.0M | 418.0M | 190.0M | 147.0M | 142.0M |
| Advance Receipts | -- | 108,200 | 104,000 | -- | -- |
| Contract Liabilities | 17.0M | 15.8M | 18.5M | 19.5M | 17.7M |
| Total Current Liabilities | 899.0M | 1.0B | 582.0M | 490.0M | 281.0M |
| Long Term Borrowings | 345.0M | 94.8M | 88.5M | -- | 15.9M |
| Total Non Current Liabilities | 1.6B | 1.5B | 1.0B | 888.0M | 22.5M |
| Total Liabilities | 2.5B | 2.5B | 1.6B | 1.4B | 303.0M |
| Paid In Capital | 150.0M | 150.0M | 150.0M | 112.0M | 112.0M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 673.0M | 672.0M |
| Surplus Reserve | 49.6M | 44.6M | 30.9M | 16.4M | 10.3M |
| Retained Earnings | 226.0M | 392.0M | 153.0M | 147.0M | 59.3M |
| Minority Equity | 19.7M | 26.6M | -- | -- | -- |
| Equity Attributable | 2.1B | 2.3B | 2.1B | 948.0M | 853.0M |
| Total Equity | 2.1B | 2.3B | 2.1B | 948.0M | 853.0M |
| 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 | 2.7B | 2.7B | 1.7B | 1.7B | 1.4B |
| Tax Refunds Received | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.7B | 2.7B | 1.8B | 1.8B | 1.4B |
| Cash Paid For Goods | 855.0M | 804.0M | 545.0M | 554.0M | 494.0M |
| Cash Paid To Employees | 990.0M | 804.0M | 550.0M | 490.0M | 353.0M |
| Taxes Paid | 140.0M | 96.4M | 58.1M | 65.4M | 47.5M |
| Total Operating Cash Outflow | 2.4B | 2.1B | 1.4B | 1.4B | 1.2B |
| Operating Cash Flow | 382.0M | 614.0M | 319.0M | 359.0M | 228.0M |
| Total Investing Cash Inflow | 1.3B | 935.0M | 19.9M | 4.2M | 54.3M |
| Total Investing Cash Outflow | 1.9B | 1.5B | 622.0M | 434.0M | 149.0M |
| Investing Cash Flow | -553.0M | -568.0M | -602.0M | -429.0M | -94.3M |
| Cash From Borrowings | 549.0M | 283.0M | 202.0M | 110.0M | -- |
| Dividends And Interest Paid | 95.3M | 27.6M | 9.0M | 4.6M | 1.2M |
| Debt Repayments | 354.0M | 142.0M | 114.0M | 18.2M | 2.2M |
| Total Financing Cash Inflow | 550.0M | 283.0M | 1.4B | 110.0M | 400,000 |
| Total Financing Cash Outflow | 705.0M | 449.0M | 316.0M | 154.0M | 3.8M |
| Financing Cash Flow | -155.0M | -166.0M | 1.0B | -44.3M | -3.4M |
| Net Change In Cash | -326.0M | -121.0M | 755.0M | -114.0M | 130.0M |
| Ending Cash Balance | 480.0M | 806.0M | 926.0M | 171.0M | 285.0M |
| Capex | 543.0M | 627.0M | 328.0M | 255.0M | 147.0M |