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 | 3.4B | 2.5B | 2.3B | 2.5B | 1.5B |
| Revenue Growth % | 37.1% | 8.3% | -6.6% | 63.1% | -- |
| Total Revenue | 3.4B | 2.5B | 2.3B | 2.5B | 1.5B |
| Cost Of Revenue | 3.0B | 2.1B | 1.9B | 2.1B | 1.2B |
| Gross Profit | 417.0M | 371.0M | 355.0M | 376.0M | 296.0M |
| Gross Margin % | 12.3% | 15.0% | 15.5% | 15.3% | 19.7% |
| Total Operating Cost | 3.2B | 2.3B | 2.1B | 2.3B | 1.4B |
| Selling Expenses | 67.6M | 38.9M | 37.7M | 33.3M | 21.2M |
| Admin Expenses | 70.5M | 55.4M | 43.8M | 42.3M | 30.1M |
| Rd Expenses | 121.0M | 130.0M | 97.2M | 101.0M | 79.3M |
| Finance Expenses | -40.6M | -22.7M | 1.4M | 29.7M | 32.1M |
| Operating Income | 206.0M | 226.0M | 175.0M | 168.0M | 130.0M |
| Operating Margin % | 6.1% | 9.1% | 7.6% | 6.9% | 8.7% |
| Non Operating Income | 49,200 | 80,500 | 5.1M | 2.0M | 3.3M |
| Non Operating Expenses | 154,300 | 300.00 | 1,900 | 42,900 | 110,500 |
| Investment Income | -2.5M | 5.6M | -8.1M | -4.8M | -1.8M |
| Fair Value Change Income | -- | 744,000 | -- | -- | -- |
| Asset Disposal Income | -220,700 | -442,200 | -336,100 | -213,200 | -2,400 |
| Asset Impairment Loss | 2.8M | 2.2M | 1.6M | 1.8M | 1.5M |
| Other Income | 20.4M | 68.7M | 11.3M | 12.5M | 6.4M |
| Income Before Tax | 206.0M | 226.0M | 180.0M | 170.0M | 133.0M |
| Income Tax | 7.6M | 12.8M | 1.0M | 7.6M | 10.5M |
| Net Income | 199.0M | 213.0M | 179.0M | 162.0M | 122.0M |
| Net Margin % | 5.9% | 8.6% | 7.8% | 6.6% | 8.1% |
| Net Income Attributable | 197.0M | 214.0M | 179.0M | 162.0M | 122.0M |
| Minority Interest | 2.0M | -804,000 | -145,800 | 174,400 | 81,000 |
| Eps Basic | 0.51 | 0.59 | 0.61 | 0.56 | 0.42 |
| Eps Diluted | 0.51 | 0.59 | 0.61 | 0.56 | 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 | 1.1B | 1.2B | 115.0M | 172.0M | 122.0M |
| Trading Financial Assets | -- | 231.0M | -- | -- | -- |
| Accounts Receivable | 1.2B | 885.0M | 581.0M | 734.0M | 552.0M |
| Notes Receivable | 27.2M | 12.4M | 38.4M | 45.5M | 40.9M |
| Notes And Accounts Receivable | 1.2B | 898.0M | 619.0M | 779.0M | 592.0M |
| Prepayments | 90.3M | 69.1M | 29.7M | 26.7M | 12.4M |
| Inventory | 606.0M | 503.0M | 361.0M | 430.0M | 321.0M |
| Total Current Assets | 3.3B | 3.1B | 1.2B | 1.5B | 1.1B |
| Fixed Assets | -- | 535.0M | 458.0M | 430.0M | 333.0M |
| Fixed Assets Total | 622.0M | 535.0M | 458.0M | 430.0M | 333.0M |
| Construction In Progress | -- | 61.6M | 62.8M | 31.1M | 102.0M |
| Construction In Progress Total | 277.0M | 61.6M | 62.8M | 31.1M | 102.0M |
| Intangible Assets | 90.5M | 80.6M | 16.8M | 17.2M | 17.4M |
| Long Term Deferred Expenses | 2.8M | 3.4M | 3.6M | -- | 103,700 |
| Total Non Current Assets | 1.0B | 710.0M | 546.0M | 481.0M | 454.0M |
| Total Assets | 4.4B | 3.9B | 1.8B | 2.0B | 1.6B |
| Short Term Borrowings | 40.6M | -- | 140.0M | 529.0M | 349.0M |
| Accounts Payable | 348.0M | 270.0M | 507.0M | 546.0M | 413.0M |
| Advance Receipts | 666,300 | 1.9M | 1.8M | 481,200 | 686,300 |
| Contract Liabilities | 19,100 | 208,300 | -- | 411,000 | -- |
| Total Current Liabilities | 1.4B | 970.0M | 717.0M | 1.2B | 878.0M |
| Long Term Borrowings | 85.6M | 40.0M | 77.3M | -- | 69.8M |
| Total Non Current Liabilities | 92.8M | 48.9M | 83.4M | 1.9M | 70.7M |
| Total Liabilities | 1.5B | 1.0B | 800.0M | 1.2B | 949.0M |
| Paid In Capital | 389.0M | 389.0M | 292.0M | 292.0M | 292.0M |
| Capital Reserve | 1.7B | 1.7B | 61.6M | 61.6M | 61.6M |
| Surplus Reserve | 80.8M | 67.0M | 48.7M | 36.3M | 22.7M |
| Retained Earnings | 713.0M | 685.0M | 548.0M | 381.0M | 233.0M |
| Minority Equity | 27.0M | 24.8M | 618,300 | 714,700 | 543,200 |
| Equity Attributable | 2.9B | 2.8B | 954.0M | 767.0M | 610.0M |
| Total Equity | 2.9B | 2.8B | 955.0M | 768.0M | 611.0M |
| 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 | 2.9B | 1.9B | 2.4B | 2.2B | 1.3B |
| Tax Refunds Received | 85.1M | 65.5M | 72.6M | 87.3M | 28.6M |
| Total Operating Cash Inflow | 3.0B | 2.1B | 2.5B | 2.3B | 1.3B |
| Cash Paid For Goods | 2.6B | 1.9B | 2.0B | 2.0B | 912.0M |
| Cash Paid To Employees | 256.0M | 191.0M | 165.0M | 169.0M | 108.0M |
| Taxes Paid | 29.5M | 17.5M | 3.7M | 24.0M | 16.0M |
| Total Operating Cash Outflow | 3.0B | 2.2B | 2.2B | 2.2B | 1.1B |
| Operating Cash Flow | 11.1M | -64.3M | 266.0M | 99.0M | 227.0M |
| Total Investing Cash Inflow | 358.0M | 1.6B | 721,400 | 595,300 | 919,700 |
| Total Investing Cash Outflow | 451.0M | 2.0B | 81.7M | 69.9M | 137.0M |
| Investing Cash Flow | -92.7M | -413.0M | -81.0M | -69.3M | -136.0M |
| Cash From Borrowings | 133.0M | 185.0M | 392.0M | 586.0M | 495.0M |
| Dividends And Interest Paid | 160.0M | 63.8M | 28.9M | 23.8M | 18.9M |
| Debt Repayments | 10.0M | 282.0M | 610.0M | 534.0M | 523.0M |
| Total Financing Cash Inflow | 137.0M | 1.9B | 392.0M | 586.0M | 495.0M |
| Total Financing Cash Outflow | 171.0M | 346.0M | 639.0M | 558.0M | 542.0M |
| Financing Cash Flow | -34.2M | 1.5B | -248.0M | 27.9M | -46.5M |
| Net Change In Cash | -90.6M | 1.1B | -45.6M | 54.3M | 41.1M |
| Ending Cash Balance | 1.1B | 1.2B | 98.4M | 144.0M | 89.8M |
| Capex | 315.0M | 187.0M | 81.7M | 69.9M | 137.0M |