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 | 6.4B | 5.0B | 3.2B | 2.0B | 1.7B |
| Revenue Growth % | 29.6% | 53.6% | 59.4% | 21.9% | -- |
| Total Revenue | 6.4B | 5.0B | 3.2B | 2.0B | 1.7B |
| Cost Of Revenue | 5.0B | 3.9B | 2.6B | 1.6B | 1.2B |
| Gross Profit | 1.4B | 1.1B | 685.0M | 448.0M | 436.0M |
| Gross Margin % | 22.3% | 22.2% | 21.2% | 22.1% | 26.2% |
| Total Operating Cost | 5.7B | 4.5B | 3.0B | 1.9B | 1.5B |
| Selling Expenses | 217.0M | 162.0M | 116.0M | 83.1M | 79.8M |
| Admin Expenses | 132.0M | 130.0M | 82.9M | 66.1M | 47.3M |
| Rd Expenses | 211.0M | 163.0M | 105.0M | 66.8M | 60.1M |
| Finance Expenses | -19.6M | -6.2M | 18.0M | 19.8M | 7.1M |
| Operating Income | 756.0M | 556.0M | 293.0M | 180.0M | 202.0M |
| Operating Margin % | 11.7% | 11.2% | 9.1% | 8.9% | 12.1% |
| Non Operating Income | 1.0M | 344,600 | 478,400 | 806,100 | 1.1M |
| Non Operating Expenses | 936,900 | 196,700 | 590,300 | 1.2M | 53,300 |
| Investment Income | 2.6M | -1.1M | -43,000 | -1.6M | -326,700 |
| Fair Value Change Income | 600,800 | -- | -- | -- | -- |
| Asset Disposal Income | -800.00 | -- | 34,000 | -- | -- |
| Asset Impairment Loss | 70.8M | 52.8M | 27.0M | 10.3M | 9.1M |
| Other Income | 37.8M | 35.5M | 9.8M | 5.3M | 5.1M |
| Income Before Tax | 756.0M | 556.0M | 293.0M | 180.0M | 203.0M |
| Income Tax | 93.7M | 61.2M | 27.9M | 18.4M | 25.2M |
| Net Income | 663.0M | 495.0M | 265.0M | 161.0M | 178.0M |
| Net Margin % | 10.3% | 10.0% | 8.2% | 7.9% | 10.7% |
| Net Income Attributable | 663.0M | 495.0M | 265.0M | 161.0M | 178.0M |
| Eps Basic | 2.12 | 1.81 | 1.13 | 0.69 | 0.97 |
| Eps Diluted | 2.12 | 1.81 | 1.13 | 0.69 | 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 | 2.4B | 3.0B | 404.0M | 281.0M | 211.0M |
| Trading Financial Assets | 60.6M | -- | -- | -- | -- |
| Accounts Receivable | 2.8B | 2.2B | 1.4B | 856.0M | 697.0M |
| Notes Receivable | 242.0M | 112.0M | 139.0M | 152.0M | 205.0M |
| Notes And Accounts Receivable | 3.1B | 2.3B | 1.5B | 1.0B | 902.0M |
| Prepayments | 90.5M | 60.5M | 87.9M | 49.8M | 15.7M |
| Inventory | 1.1B | 995.0M | 581.0M | 385.0M | 283.0M |
| Total Current Assets | 7.8B | 6.8B | 3.0B | 2.0B | 1.5B |
| Fixed Assets | -- | 490.0M | 474.0M | 441.0M | 140.0M |
| Fixed Assets Total | 496.0M | 490.0M | 474.0M | 441.0M | 140.0M |
| Construction In Progress | -- | 2.0M | 1.1M | 26.6M | -- |
| Construction In Progress Total | 124.0M | 2.0M | 1.1M | 26.6M | -- |
| Intangible Assets | 161.0M | 130.0M | 97.2M | 99.6M | 29.1M |
| Long Term Deferred Expenses | 9.9M | 11.8M | 7.5M | 3.7M | -- |
| Total Non Current Assets | 1.5B | 1.0B | 784.0M | 667.0M | 271.0M |
| Total Assets | 9.3B | 7.9B | 3.8B | 2.6B | 1.7B |
| Short Term Borrowings | 29.2M | 12.7M | 58.7M | 218.0M | 179.0M |
| Accounts Payable | 2.4B | 1.9B | 1.2B | 599.0M | 392.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 290.0M | 310.0M | 150.0M | 112.0M | 78.2M |
| Total Current Liabilities | 4.6B | 3.6B | 2.5B | 1.6B | 1.1B |
| Long Term Borrowings | -- | 37.1M | 315.0M | 314.0M | 60.9M |
| Total Non Current Liabilities | 29.0M | 63.9M | 331.0M | 322.0M | 65.2M |
| Total Liabilities | 4.7B | 3.6B | 2.8B | 1.9B | 1.2B |
| Paid In Capital | 312.0M | 312.0M | 234.0M | 234.0M | 234.0M |
| Capital Reserve | 2.9B | 2.9B | 206.0M | 206.0M | 206.0M |
| Surplus Reserve | 156.0M | 104.0M | 54.4M | 27.9M | 11.7M |
| Retained Earnings | 1.3B | 893.0M | 473.0M | 235.0M | 89.3M |
| Equity Attributable | 4.7B | 4.2B | 971.0M | 702.0M | 541.0M |
| Total Equity | 4.7B | 4.2B | 971.0M | 702.0M | 541.0M |
| 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 | 5.1B | 3.5B | 2.2B | 1.5B | 912.0M |
| Tax Refunds Received | -- | -- | 80,900 | -- | -- |
| Total Operating Cash Inflow | 5.1B | 3.6B | 2.3B | 1.6B | 921.0M |
| Cash Paid For Goods | 3.7B | 2.5B | 1.5B | 1.1B | 697.0M |
| Cash Paid To Employees | 469.0M | 333.0M | 204.0M | 162.0M | 109.0M |
| Taxes Paid | 251.0M | 174.0M | 118.0M | 66.8M | 40.4M |
| Total Operating Cash Outflow | 4.7B | 3.2B | 2.0B | 1.5B | 963.0M |
| Operating Cash Flow | 385.0M | 326.0M | 288.0M | 115.0M | -42.4M |
| Total Investing Cash Inflow | 423.0M | 1.2M | 63.1M | -- | -- |
| Total Investing Cash Outflow | 1.1B | 78.4M | 82.3M | 407.0M | 143.0M |
| Investing Cash Flow | -727.0M | -77.2M | -19.1M | -407.0M | -143.0M |
| Cash From Borrowings | 164.0M | 77.4M | 176.0M | 543.0M | 269.0M |
| Dividends And Interest Paid | 201.0M | 37.5M | 19.9M | 17.4M | 6.5M |
| Debt Repayments | 183.0M | 457.0M | 290.0M | 191.0M | 39.1M |
| Total Financing Cash Inflow | 194.0M | 3.2B | 415.0M | 757.0M | 555.0M |
| Total Financing Cash Outflow | 430.0M | 720.0M | 598.0M | 411.0M | 264.0M |
| Financing Cash Flow | -235.0M | 2.5B | -184.0M | 345.0M | 291.0M |
| Net Change In Cash | -577.0M | 2.7B | 85.2M | 53.7M | 106.0M |
| Ending Cash Balance | 2.4B | 3.0B | 262.0M | 176.0M | 123.0M |
| Capex | 198.0M | 78.4M | 19.3M | 407.0M | 41.5M |