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 | 1.8B | 1.5B | 1.5B | 1.3B | 767.0M |
| Revenue Growth % | 21.0% | -6.1% | 18.2% | 70.8% | -- |
| Total Revenue | 1.8B | 1.5B | 1.5B | 1.3B | 767.0M |
| Cost Of Revenue | 1.2B | 1.0B | 1.1B | 859.0M | 509.0M |
| Gross Profit | 518.0M | 420.0M | 453.0M | 451.0M | 258.0M |
| Gross Margin % | 29.4% | 28.9% | 29.3% | 34.4% | 33.6% |
| Total Operating Cost | 1.6B | 1.3B | 1.3B | 1.0B | 622.0M |
| Selling Expenses | 102.0M | 106.0M | 113.0M | 87.1M | 46.2M |
| Admin Expenses | 76.3M | 59.5M | 58.7M | 43.9M | 22.4M |
| Rd Expenses | 86.2M | 63.4M | 56.3M | 44.7M | 30.0M |
| Finance Expenses | -2.2M | 2.1M | 2.5M | -140,700 | -1.3M |
| Operating Income | 226.0M | 190.0M | 214.0M | 274.0M | 149.0M |
| Operating Margin % | 12.8% | 13.1% | 13.8% | 20.9% | 19.4% |
| Non Operating Income | 190,200 | 744,600 | 30,600 | 162,800 | 163,500 |
| Non Operating Expenses | 484,600 | 611,500 | 411,700 | 461,500 | 305,700 |
| Investment Income | 5.8M | 5.8M | 4.8M | 5.1M | 506,600 |
| Fair Value Change Income | 175,800 | -- | -- | -- | 954,000 |
| Asset Disposal Income | 113,200 | 564,000 | 318,600 | -268,000 | 355,900 |
| Asset Impairment Loss | 17.9M | 5.3M | 6.5M | 5.0M | 2.3M |
| Other Income | 17.7M | 15.7M | 7.1M | 4.7M | 2.3M |
| Income Before Tax | 226.0M | 190.0M | 214.0M | 273.0M | 149.0M |
| Income Tax | 22.8M | 20.1M | 20.9M | 38.2M | 22.0M |
| Net Income | 203.0M | 170.0M | 193.0M | 235.0M | 127.0M |
| Net Margin % | 11.5% | 11.7% | 12.5% | 17.9% | 16.6% |
| Net Income Attributable | 205.0M | 169.0M | 191.0M | 231.0M | 124.0M |
| Minority Interest | -2.2M | 928,600 | 2.1M | 3.8M | 3.0M |
| Eps Basic | 1.99 | 1.87 | 2.10 | 2.56 | 1.37 |
| Eps Diluted | 1.99 | 1.87 | 2.10 | 2.56 | 1.37 |
| 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 | 382.0M | 164.0M | 90.6M | 90.2M | 60.0M |
| Trading Financial Assets | 50.2M | -- | -- | -- | 75.7M |
| Accounts Receivable | 302.0M | 266.0M | 327.0M | 246.0M | 156.0M |
| Notes Receivable | 176.0M | 176.0M | 208.0M | 193.0M | 126.0M |
| Notes And Accounts Receivable | 478.0M | 442.0M | 534.0M | 440.0M | 282.0M |
| Prepayments | 37.9M | 69.9M | 55.4M | 35.0M | 27.2M |
| Inventory | 848.0M | 487.0M | 562.0M | 575.0M | 266.0M |
| Total Current Assets | 2.5B | 1.5B | 1.4B | 1.3B | 873.0M |
| Long Term Equity Investment | 29.4M | 22.9M | 16.9M | 12.1M | 2.4M |
| Fixed Assets | -- | 411.0M | 169.0M | 140.0M | 95.8M |
| Fixed Assets Total | 474.0M | 411.0M | 169.0M | 140.0M | 95.8M |
| Construction In Progress | -- | 63.2M | 212.0M | 104.0M | 47.2M |
| Construction In Progress Total | 83.6M | 63.2M | 212.0M | 104.0M | 47.2M |
| Intangible Assets | 86.0M | 87.8M | 62.6M | 64.8M | 55.8M |
| Long Term Deferred Expenses | 4.0M | 4.1M | 3.5M | 5.7M | 2.4M |
| Total Non Current Assets | 847.0M | 686.0M | 526.0M | 379.0M | 233.0M |
| Total Assets | 3.3B | 2.2B | 2.0B | 1.7B | 1.1B |
| Short Term Borrowings | 25.2M | 13.3M | 46.6M | -- | -- |
| Accounts Payable | 382.0M | 228.0M | 225.0M | 243.0M | 110.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 99.2M | 47.4M | 80.5M | 93.7M | 67.6M |
| Total Current Liabilities | 1.2B | 900.0M | 828.0M | 787.0M | 437.0M |
| Long Term Borrowings | -- | -- | 42.0M | 11.1M | -- |
| Total Non Current Liabilities | 31.1M | 16.0M | 57.6M | 26.7M | 4.3M |
| Total Liabilities | 1.3B | 916.0M | 886.0M | 814.0M | 441.0M |
| Paid In Capital | 121.0M | 90.6M | 90.6M | 90.6M | 90.6M |
| Capital Reserve | 1.1B | 393.0M | 387.0M | 370.0M | 359.0M |
| Surplus Reserve | 60.4M | 45.3M | 45.3M | 35.7M | 14.9M |
| Retained Earnings | 785.0M | 692.0M | 523.0M | 342.0M | 184.0M |
| Minority Equity | 7.7M | 21.2M | 17.6M | 14.5M | 11.6M |
| Equity Attributable | 2.1B | 1.2B | 1.1B | 846.0M | 653.0M |
| Total Equity | 2.1B | 1.3B | 1.1B | 861.0M | 665.0M |
| 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 | 1.4B | 1.1B | 997.0M | 856.0M | 503.0M |
| Tax Refunds Received | 1.7M | 14.9M | 14.6M | -- | -- |
| Total Operating Cash Inflow | 1.6B | 1.2B | 1.1B | 932.0M | 531.0M |
| Cash Paid For Goods | 1.3B | 555.0M | 646.0M | 556.0M | 277.0M |
| Cash Paid To Employees | 244.0M | 207.0M | 201.0M | 124.0M | 67.4M |
| Taxes Paid | 89.9M | 73.8M | 93.2M | 55.2M | 41.7M |
| Total Operating Cash Outflow | 1.9B | 1.0B | 1.1B | 846.0M | 431.0M |
| Operating Cash Flow | -240.0M | 177.0M | 34.7M | 85.9M | 99.8M |
| Total Investing Cash Inflow | 110.0M | 14.5M | 310,000 | 308.0M | 172.0M |
| Total Investing Cash Outflow | 291.0M | 81.2M | 117.0M | 332.0M | 258.0M |
| Investing Cash Flow | -181.0M | -66.7M | -117.0M | -23.9M | -86.3M |
| Cash From Borrowings | 38.0M | 66.9M | 117.0M | 12.0M | -- |
| Dividends And Interest Paid | 104.0M | 2.2M | 7.3M | 50.5M | -- |
| Debt Repayments | 13.0M | 140.0M | 20.0M | 876,600 | -- |
| Total Financing Cash Inflow | 782.0M | 70.0M | 117.0M | 20.1M | 3.6M |
| Total Financing Cash Outflow | 156.0M | 149.0M | 36.5M | 63.7M | 7.5M |
| Financing Cash Flow | 626.0M | -78.7M | 81.0M | -43.6M | -3.9M |
| Net Change In Cash | 204.0M | 31.2M | -849,100 | 18.5M | 9.5M |
| Ending Cash Balance | 292.0M | 88.0M | 56.8M | 57.6M | 39.2M |
| Capex | 46.5M | 81.2M | 110.0M | 90.2M | 34.4M |