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 | 4.5B | 3.8B | 3.3B | 2.3B | 1.9B |
| Revenue Growth % | 19.4% | 16.4% | 39.5% | 21.1% | -- |
| Total Revenue | 4.5B | 3.8B | 3.3B | 2.3B | 1.9B |
| Cost Of Revenue | 3.1B | 2.6B | 2.2B | 1.5B | 1.2B |
| Gross Profit | 1.5B | 1.2B | 1.1B | 816.0M | 700.0M |
| Gross Margin % | 32.6% | 30.6% | 32.6% | 34.9% | 36.3% |
| Total Operating Cost | 4.4B | 3.7B | 3.1B | 2.3B | 1.8B |
| Selling Expenses | 998.0M | 804.0M | 658.0M | 557.0M | 440.0M |
| Admin Expenses | 194.0M | 159.0M | 150.0M | 131.0M | 121.0M |
| Rd Expenses | 29.4M | 24.2M | 4.2M | 498,800 | 201,900 |
| Finance Expenses | 24.7M | 19.4M | 22.7M | 24.2M | 7.3M |
| Operating Income | 208.0M | 153.0M | 213.0M | 92.5M | 119.0M |
| Operating Margin % | 4.6% | 4.0% | 6.5% | 4.0% | 6.2% |
| Non Operating Income | 1.0M | 230,400 | 3.1M | 3.0M | 5.6M |
| Non Operating Expenses | 3.5M | 1.4M | 1.1M | 1.3M | 1.7M |
| Investment Income | 1.6M | 770,300 | 811,000 | 830,700 | 589,600 |
| Fair Value Change Income | -- | 33,900 | -- | -- | -- |
| Asset Disposal Income | 2.7M | 1.0M | 610,600 | 189,200 | 174,000 |
| Asset Impairment Loss | 27.5M | 6.9M | 4.2M | 2.3M | 1.6M |
| Other Income | 24.0M | 22.1M | 12.6M | 9.3M | 3.8M |
| Income Before Tax | 205.0M | 152.0M | 215.0M | 94.2M | 123.0M |
| Income Tax | 53.2M | 33.8M | 54.5M | 24.5M | 34.1M |
| Net Income | 152.0M | 118.0M | 160.0M | 69.7M | 88.9M |
| Net Margin % | 3.4% | 3.1% | 4.9% | 3.0% | 4.6% |
| Net Income Attributable | 138.0M | 115.0M | 161.0M | 69.7M | 88.9M |
| Minority Interest | 14.6M | 3.0M | -517,900 | 5,900 | -60,800 |
| Eps Basic | 0.34 | 0.29 | 0.47 | 0.21 | 0.26 |
| Eps Diluted | 0.34 | 0.29 | 0.47 | 0.21 | 0.26 |
| 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 | 1.0B | 1.3B | 482.0M | 285.0M | 206.0M |
| Trading Financial Assets | 10.0M | 12.4M | -- | 500,000 | 5.0M |
| Accounts Receivable | 454.0M | 494.0M | 466.0M | 290.0M | 216.0M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 454.0M | 494.0M | 466.0M | 290.0M | 216.0M |
| Prepayments | 170.0M | 137.0M | 150.0M | 52.2M | 75.8M |
| Inventory | 864.0M | 772.0M | 545.0M | 436.0M | 303.0M |
| Total Current Assets | 2.6B | 2.8B | 1.7B | 1.1B | 925.0M |
| Long Term Equity Investment | -- | 14.4M | -- | -- | -- |
| Fixed Assets | -- | 330.0M | 54.2M | 51.3M | 48.8M |
| Fixed Assets Total | 303.0M | 330.0M | 54.2M | 51.3M | 48.8M |
| Construction In Progress | -- | 61.3M | 32.2M | 249,800 | 870,400 |
| Construction In Progress Total | 169.0M | 61.3M | 32.2M | 249,800 | 870,400 |
| Intangible Assets | 67.2M | 62.5M | 33.0M | 8.3M | 7.3M |
| Long Term Deferred Expenses | 56.3M | 52.1M | 59.0M | 92.3M | 126.0M |
| Total Non Current Assets | 2.2B | 1.8B | 876.0M | 858.0M | 362.0M |
| Total Assets | 4.8B | 4.6B | 2.6B | 2.0B | 1.3B |
| Short Term Borrowings | 317.0M | 514.0M | 340.0M | 151.0M | 111.0M |
| Accounts Payable | 327.0M | 253.0M | 225.0M | 166.0M | 149.0M |
| Advance Receipts | 5.7M | 5.7M | 4.0M | -- | -- |
| Contract Liabilities | 31.4M | 21.3M | 15.5M | 11.3M | 9.9M |
| Total Current Liabilities | 2.2B | 2.0B | 1.4B | 883.0M | 571.0M |
| Long Term Borrowings | 359.0M | 331.0M | 19.0M | -- | -- |
| Total Non Current Liabilities | 589.0M | 671.0M | 267.0M | 303.0M | 380,000 |
| Total Liabilities | 2.8B | 2.6B | 1.6B | 1.2B | 571.0M |
| Paid In Capital | 400.0M | 400.0M | 340.0M | 340.0M | 340.0M |
| Capital Reserve | 978.0M | 1.0B | 195.0M | 193.0M | 193.0M |
| Surplus Reserve | 43.9M | 31.3M | 26.1M | 18.7M | 13.0M |
| Retained Earnings | 583.0M | 498.0M | 387.0M | 233.0M | 169.0M |
| Minority Equity | 55.1M | 33.0M | -272,700 | 245,100 | 239,200 |
| Equity Attributable | 2.0B | 1.9B | 947.0M | 785.0M | 715.0M |
| Total Equity | 2.1B | 2.0B | 947.0M | 785.0M | 715.0M |
| 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 | 4.7B | 4.0B | 3.3B | 2.1B | 2.0B |
| Tax Refunds Received | 49,700 | 53,600 | 6.9M | -- | -- |
| Total Operating Cash Inflow | 4.9B | 4.1B | 3.4B | 2.2B | 2.1B |
| Cash Paid For Goods | 3.1B | 3.0B | 2.5B | 1.4B | 1.4B |
| Cash Paid To Employees | 659.0M | 541.0M | 420.0M | 367.0M | 288.0M |
| Taxes Paid | 210.0M | 187.0M | 158.0M | 107.0M | 118.0M |
| Total Operating Cash Outflow | 4.3B | 3.9B | 3.2B | 2.0B | 2.0B |
| Operating Cash Flow | 572.0M | 131.0M | 174.0M | 141.0M | 29.3M |
| Total Investing Cash Inflow | 757.0M | 1.3B | 524.0M | 343.0M | 209.0M |
| Total Investing Cash Outflow | 1.2B | 2.1B | 654.0M | 383.0M | 244.0M |
| Investing Cash Flow | -487.0M | -806.0M | -130.0M | -40.1M | -35.3M |
| Cash From Borrowings | 509.0M | 886.0M | 342.0M | 161.0M | 153.0M |
| Dividends And Interest Paid | 56.0M | 14.7M | 4.1M | 4.3M | 6.9M |
| Debt Repayments | 577.0M | 392.0M | 132.0M | 121.0M | 202.0M |
| Total Financing Cash Inflow | 707.0M | 1.8B | 342.0M | 180.0M | 265.0M |
| Total Financing Cash Outflow | 1.1B | 629.0M | 310.0M | 283.0M | 238.0M |
| Financing Cash Flow | -356.0M | 1.1B | 32.2M | -104.0M | 26.6M |
| Net Change In Cash | -271.0M | 462.0M | 76.0M | -2.9M | 20.7M |
| Ending Cash Balance | 323.0M | 594.0M | 132.0M | 55.8M | 58.7M |
| Capex | 161.0M | 216.0M | 105.0M | 33.9M | 55.3M |