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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 952.0M | 1.1B | 670.0M | 375.0M | 127.0M | 95.6M | 93.8M | 51.7M | 30.6M | 16.4M |
| Revenue Growth % | 24.5% | -16.0% | 69.3% | 78.7% | 195.3% | 32.8% | 2.0% | 81.4% | 68.9% | 86.9% | -- |
| Total Revenue | 1.2B | 952.0M | 1.1B | 670.0M | 375.0M | 127.0M | 95.6M | 93.8M | 51.7M | 30.6M | 16.4M |
| Cost Of Revenue | 852.0M | 702.0M | 819.0M | 462.0M | 248.0M | 106.0M | 76.7M | 79.3M | 42.4M | 26.0M | 14.2M |
| Gross Profit | 333.0M | 250.0M | 315.0M | 208.0M | 127.0M | 21.0M | 18.9M | 14.5M | 9.3M | 4.6M | 2.2M |
| Gross Margin % | 28.1% | 26.3% | 27.8% | 31.0% | 33.9% | 16.5% | 19.8% | 15.5% | 18.1% | 15.1% | 13.3% |
| Total Operating Cost | 1.0B | 826.0M | 923.0M | 535.0M | 305.0M | 130.0M | 92.7M | 93.4M | 52.5M | 29.9M | 16.6M |
| Selling Expenses | 24.8M | 20.0M | 16.4M | 12.9M | 8.0M | 7.2M | 3.8M | 3.6M | 2.7M | 1.1M | 854,200 |
| Admin Expenses | 50.8M | 37.3M | 31.0M | 21.5M | 11.9M | 5.8M | 3.7M | 2.9M | 5.9M | 2.3M | 1.5M |
| Rd Expenses | 63.5M | 56.4M | 45.2M | 28.5M | 14.8M | 6.5M | 5.6M | 5.2M | -- | -- | -- |
| Finance Expenses | -11.1M | -4.8M | -10.1M | 4.3M | 12.8M | 2.6M | 1.4M | 1.4M | 558,100 | 289,400 | 7,100 |
| Operating Income | 201.0M | 155.0M | 225.0M | 144.0M | 81.1M | 96,100 | 12.4M | 5.9M | -757,600 | 720,100 | -197,000 |
| Operating Margin % | 17.0% | 16.3% | 19.8% | 21.5% | 21.6% | 0.1% | 12.9% | 6.3% | -1.5% | 2.4% | -1.2% |
| Non Operating Income | 476,800 | 270,900 | 78,200 | 645,600 | 1.3M | 20,300 | -- | 2.3M | 4.0M | 896,400 | 31,200 |
| Non Operating Expenses | 992,400 | 276,000 | 192,400 | 101,000 | 121,900 | -- | 60,000 | 50,000 | 6,400 | -- | -- |
| Investment Income | -- | 350,200 | -4.9M | 743,900 | 192,500 | 178,100 | 123,600 | 93,900 | -- | -- | -- |
| Fair Value Change Income | -- | -- | -31,900 | -- | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 313,500 | 234,300 | 74,700 | -196,800 | -318,600 | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 19.2M | 10.4M | 12.8M | 2.1M | 2.7M | 1.3M | 1.1M | 875,500 | 856,900 | 195,300 | -12,800 |
| Other Income | 28.9M | 28.7M | 18.9M | 8.7M | 11.0M | 2.7M | 9.3M | 5.4M | -- | -- | -- |
| Income Before Tax | 200.0M | 155.0M | 225.0M | 145.0M | 82.3M | 116,400 | 12.3M | 8.1M | 3.3M | 1.6M | -165,800 |
| Income Tax | 22.8M | 17.0M | 25.5M | 17.2M | 10.4M | 168,800 | 766,000 | 843,900 | 261,900 | 322,300 | 4,391 |
| Net Income | 177.0M | 138.0M | 199.0M | 128.0M | 71.9M | -52,400 | 11.5M | 7.3M | 3.0M | 1.3M | -170,200 |
| Net Margin % | 14.9% | 14.5% | 17.5% | 19.1% | 19.2% | -0.0% | 12.1% | 7.7% | 5.8% | 4.2% | -1.0% |
| Net Income Attributable | 177.0M | 138.0M | 199.0M | 128.0M | 71.0M | 427,200 | 11.5M | 7.3M | 3.0M | 1.3M | -170,200 |
| Minority Interest | -- | -- | -- | -- | 852,700 | -479,600 | -- | -- | -- | -- | -- |
| Eps Basic | 2.04 | 1.59 | 2.29 | 1.47 | 1.12 | 0.02 | 0.56 | 0.35 | 0.17 | 0.26 | -0.03 |
| Eps Diluted | 2.04 | 1.59 | 2.29 | 1.47 | -- | 0.02 | 0.15 | 0.15 | 0.17 | 0.26 | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 803.0M | 302.0M | 359.0M | 145.0M | 142.0M | 18.0M | 15.8M | 7.5M | 20.3M | 2.9M | 166,900 |
| Trading Financial Assets | -- | -- | -- | 65.0M | 50.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 464.0M | 357.0M | 386.0M | 245.0M | 181.0M | 59.6M | 52.6M | -- | 24.0M | 7.0M | 4.0M |
| Notes Receivable | 16.5M | 6.1M | 8.2M | 5.6M | 3.5M | 4.8M | 536,100 | -- | -- | 325,800 | -- |
| Notes And Accounts Receivable | 481.0M | 363.0M | 394.0M | 251.0M | 185.0M | 64.4M | 53.1M | 40.7M | 24.0M | 7.3M | 4.0M |
| Prepayments | 17.2M | 741,900 | 1.0M | 898,900 | 606,100 | 131,100 | 6.3M | 98,000 | 212,800 | 933,400 | 349,000 |
| Inventory | 300.0M | 228.0M | 281.0M | 165.0M | 117.0M | 28.7M | 18.2M | 13.8M | 10.7M | 7.4M | 5.2M |
| Total Current Assets | 1.6B | 923.0M | 1.1B | 631.0M | 506.0M | 113.0M | 93.9M | 62.2M | 56.0M | 19.9M | 9.9M |
| Fixed Assets | -- | 292.0M | 138.0M | 95.1M | 52.9M | 27.5M | -- | -- | 13.0M | 3.6M | 1.2M |
| Fixed Assets Total | 525.0M | 292.0M | 138.0M | 95.1M | 52.9M | 27.5M | 23.4M | 18.1M | 13.0M | 3.6M | 1.2M |
| Construction In Progress | -- | 163.0M | 82.9M | 14.6M | 1.4M | 994,500 | -- | -- | -- | -- | -- |
| Construction In Progress Total | 14.3M | 163.0M | 82.9M | 14.6M | 1.4M | 994,500 | -- | -- | -- | -- | -- |
| Intangible Assets | 29.4M | 31.3M | 31.8M | 30.4M | 361,400 | 174,000 | 166,500 | 99,200 | 74,300 | -- | -- |
| Long Term Deferred Expenses | 29.9M | 12.6M | 14.5M | 14.5M | 8.4M | 4.6M | 1.7M | 2.4M | 2.6M | -- | -- |
| Total Non Current Assets | 645.0M | 546.0M | 319.0M | 203.0M | 82.0M | 38.7M | 25.9M | 21.2M | 16.9M | 6.6M | 1.3M |
| Total Assets | 2.3B | 1.5B | 1.4B | 834.0M | 588.0M | 151.0M | 120.0M | 83.4M | 73.0M | 26.5M | 11.2M |
| Short Term Borrowings | 110.0M | 205.0M | 153.0M | 14.8M | 28.8M | 25.8M | 8.0M | -- | -- | 5.0M | -- |
| Accounts Payable | 261.0M | 235.0M | 229.0M | 132.0M | 159.0M | 29.2M | 24.1M | -- | 16.8M | 10.1M | 5.3M |
| Advance Receipts | -- | -- | -- | -- | -- | 221,700 | 230,700 | 260,200 | 856,400 | 58,000 | 726,400 |
| Contract Liabilities | 26.4M | 91,100 | 93,100 | 561,200 | 619,800 | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 644.0M | 600.0M | 710.0M | 329.0M | 252.0M | 89.1M | 48.4M | 27.6M | 18.2M | 16.4M | 7.4M |
| Long Term Borrowings | 76.0M | 50.5M | -- | -- | 101,800 | 5.0M | 10.0M | 15.0M | 20.0M | -- | -- |
| Total Non Current Liabilities | 136.0M | 132.0M | 67.0M | 71.4M | 29.7M | 31.9M | 34.5M | 27.3M | 33.5M | 5.0M | -- |
| Total Liabilities | 780.0M | 732.0M | 777.0M | 400.0M | 281.0M | 121.0M | 82.9M | 54.9M | 51.7M | 21.4M | 7.4M |
| Paid In Capital | 116.0M | 86.9M | 86.9M | 86.9M | 86.9M | 20.8M | 20.8M | 20.8M | 13.0M | 5.0M | 5.0M |
| Capital Reserve | 681.0M | 139.0M | 139.0M | 139.0M | 139.0M | 104,100 | 1.09 | 1.09 | 5.4M | -- | -- |
| Surplus Reserve | 58.0M | 43.5M | 41.7M | 21.4M | 9.2M | 1.9M | 2.2M | 1.0M | 301,600 | 11,600 | -- |
| Retained Earnings | 630.0M | 468.0M | 331.0M | 187.0M | 71.1M | 8.0M | 14.0M | 6.7M | 2.6M | 104,800 | -1.2M |
| Minority Equity | -- | -- | -- | -- | -- | -479,600 | -- | -- | -- | -- | -- |
| Equity Attributable | 1.5B | 737.0M | 599.0M | 434.0M | 306.0M | 30.8M | 36.9M | 28.5M | 21.2M | 5.1M | 3.8M |
| Total Equity | 1.5B | 737.0M | 599.0M | 434.0M | 306.0M | 30.3M | 36.9M | 28.5M | 21.2M | 5.1M | 3.8M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 1.1B | 950.0M | 999.0M | 591.0M | 270.0M | 104.0M | 81.0M | 73.7M | 36.1M | 30.1M | 17.2M |
| Tax Refunds Received | 57.4M | 32.0M | 34.8M | 35.7M | 15.9M | 1.7M | 626,600 | 1.8M | 1.9M | 716,100 | 1.4M |
| Total Operating Cash Inflow | 1.1B | 1.1B | 1.1B | 662.0M | 303.0M | 117.0M | 106.0M | 83.8M | 52.4M | 33.8M | 21.0M |
| Cash Paid For Goods | 629.0M | 694.0M | 652.0M | 376.0M | 193.0M | 82.4M | 67.8M | 74.0M | 32.9M | 29.8M | 15.8M |
| Cash Paid To Employees | 277.0M | 206.0M | 166.0M | 118.0M | 54.3M | 20.8M | 11.1M | 8.2M | 4.8M | 3.0M | 1.7M |
| Taxes Paid | 34.6M | 24.9M | 29.2M | 22.2M | 9.1M | 2.1M | 3.8M | 1.2M | 1.4M | 182,800 | 17,700 |
| Total Operating Cash Outflow | 1.0B | 969.0M | 970.0M | 579.0M | 297.0M | 120.0M | 93.0M | 87.8M | 56.1M | 38.7M | 20.7M |
| Operating Cash Flow | 128.0M | 155.0M | 80.7M | 83.4M | 6.1M | -2.8M | 13.3M | -4.0M | -3.7M | -4.9M | 292,600 |
| Total Investing Cash Inflow | 5,000 | 3.2M | 206.0M | 163.0M | 88.5M | 53.2M | 61.1M | 29.1M | -- | -- | -- |
| Total Investing Cash Outflow | 142.0M | 196.0M | 249.0M | 251.0M | 178.0M | 63.3M | 69.6M | 36.3M | 15.4M | 2.2M | 230,800 |
| Investing Cash Flow | -142.0M | -193.0M | -43.3M | -87.8M | -89.9M | -10.1M | -8.5M | -7.2M | -15.4M | -2.2M | -230,800 |
| Cash From Borrowings | 321.0M | 260.0M | 231.0M | 14.8M | 28.7M | 39.4M | 8.0M | -- | 25.0M | 5.0M | -- |
| Dividends And Interest Paid | 8.4M | 6.7M | 38.4M | 1.4M | 3.2M | 2.7M | 4.6M | 1.4M | 602,200 | 127,400 | -- |
| Debt Repayments | 386.0M | 156.0M | 92.7M | 34.8M | 30.6M | 26.7M | 2.5M | 2.5M | 10.0M | -- | -- |
| Total Financing Cash Inflow | 915.0M | 260.0M | 231.0M | 14.8M | 234.0M | 39.4M | 8.0M | -- | 47.0M | 10.0M | -- |
| Total Financing Cash Outflow | 429.0M | 180.0M | 140.0M | 39.6M | 33.9M | 29.4M | 7.1M | 3.9M | 10.6M | 127,400 | -- |
| Financing Cash Flow | 486.0M | 79.7M | 91.0M | -24.8M | 200.0M | 10.0M | 896,800 | -3.9M | 36.4M | 9.9M | -- |
| Net Change In Cash | 473.0M | 42.9M | 129.0M | -33.9M | 106.0M | -3.0M | 5.7M | -15.2M | 17.4M | 2.8M | 61,800 |
| Ending Cash Balance | 725.0M | 251.0M | 209.0M | 79.9M | 114.0M | 7.9M | 10.8M | 5.1M | 20.3M | 2.9M | 166,900 |
| Capex | 142.0M | 196.0M | 101.0M | 70.2M | 43.1M | 10.3M | 8.6M | 7.3M | 15.4M | 2.2M | 230,800 |