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 | 4.6B | 3.2B | 2.8B | 394.0M | 903.0M |
| Revenue Growth % | 44.7% | 15.7% | 602.3% | -56.4% | -- |
| Total Revenue | 4.6B | 3.2B | 2.8B | 394.0M | 903.0M |
| Cost Of Revenue | 2.8B | 2.0B | 1.8B | 317.0M | 834.0M |
| Gross Profit | 1.9B | 1.2B | 956.0M | 77.0M | 69.0M |
| Gross Margin % | 40.4% | 38.2% | 34.6% | 19.5% | 7.6% |
| Total Operating Cost | 3.4B | 2.5B | 2.3B | 335.0M | 864.0M |
| Selling Expenses | 11.4M | 8.2M | 7.9M | 1.1M | 328,300 |
| Admin Expenses | 276.0M | 253.0M | 251.0M | 29.6M | 28.8M |
| Rd Expenses | 106.0M | 56.2M | 20.9M | 927,000 | 9,400 |
| Finance Expenses | 30.7M | 74.3M | 94.2M | -1.4M | -1.8M |
| Operating Income | 1.3B | 705.0M | 504.0M | 60.3M | 39.1M |
| Operating Margin % | 27.1% | 22.0% | 18.2% | 15.3% | 4.3% |
| Non Operating Income | 1.0M | 4.6M | 10.2M | 557,200 | 2,000 |
| Non Operating Expenses | 6.7M | 3.7M | 4.3M | 1.1M | 2.5M |
| Investment Income | -9,099 | -- | -- | 436,100 | -- |
| Fair Value Change Income | -111,900 | -3.4M | -- | -- | -399,700 |
| Asset Disposal Income | 240,700 | 1.4M | -3.6M | -- | -- |
| Asset Impairment Loss | 53.0M | 10.2M | -107,400 | 1.9M | 617,300 |
| Other Income | 8.2M | 6.9M | 9.3M | 704,400 | 327,900 |
| Income Before Tax | 1.2B | 706.0M | 510.0M | 59.7M | 36.6M |
| Income Tax | 184.0M | 107.0M | 74.9M | 6.0M | 4.2M |
| Net Income | 1.1B | 599.0M | 435.0M | 53.7M | 32.5M |
| Net Margin % | 23.0% | 18.7% | 15.7% | 13.6% | 3.6% |
| Net Income Attributable | 658.0M | 350.0M | 219.0M | 53.7M | 32.5M |
| Minority Interest | 405.0M | 248.0M | 216.0M | -- | -- |
| Eps Basic | 1.04 | 0.57 | 0.37 | 0.23 | 0.14 |
| Eps Diluted | 1.04 | 0.57 | 0.37 | 0.23 | 0.14 |
| 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 | 1.2B | 944.0M | 924.0M | 140.0M | 414.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 35.2M | 42.2M | 22.1M | 22.6M | 25.6M |
| Notes Receivable | 32.2M | 200,000 | 1.1M | 1.1M | 825,900 |
| Notes And Accounts Receivable | 67.5M | 42.4M | 23.2M | 23.7M | 26.4M |
| Prepayments | 4.5M | 6.8M | 158.0M | 104.0M | 16,000 |
| Inventory | 718.0M | 459.0M | 269.0M | -- | -- |
| Total Current Assets | 2.1B | 1.7B | 1.5B | 414.0M | 493.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 1.6B | 1.1B | 13.8M | 14.3M |
| Fixed Assets Total | 1.7B | 1.6B | 1.1B | 13.8M | 14.3M |
| Construction In Progress | -- | 968.0M | 1.2B | -- | -- |
| Construction In Progress Total | 1.1B | 968.0M | 1.2B | -- | -- |
| Intangible Assets | 2.1B | 2.1B | 2.1B | 1.7M | -- |
| Long Term Deferred Expenses | 81.6M | 88.0M | 77.7M | 6.8M | 8.9M |
| Total Non Current Assets | 5.6B | 5.5B | 5.1B | 34.0M | 30.4M |
| Total Assets | 7.7B | 7.2B | 6.6B | 448.0M | 523.0M |
| Short Term Borrowings | 655.0M | 820.0M | 1.3B | -- | -- |
| Accounts Payable | 706.0M | 560.0M | 317.0M | 22.1M | 22.2M |
| Advance Receipts | 2.5M | 686,500 | 711,900 | -- | -- |
| Contract Liabilities | 37.6M | 40.8M | 32.5M | 31.1M | 16.7M |
| Total Current Liabilities | 1.8B | 2.2B | 2.1B | 116.0M | 85.7M |
| Long Term Borrowings | 562.0M | -- | 920.0M | -- | -- |
| Total Non Current Liabilities | 952.0M | 287.0M | 1.2B | 12.5M | 11.1M |
| Total Liabilities | 2.8B | 2.5B | 3.3B | 128.0M | 96.8M |
| Paid In Capital | 633.0M | 633.0M | 235.0M | 235.0M | 235.0M |
| Capital Reserve | 1.3B | 1.8B | 1.4B | 1.0B | 1.2B |
| Surplus Reserve | 57.0M | 57.0M | 57.0M | 57.0M | 57.0M |
| Retained Earnings | 2.0B | 1.5B | 936.0M | -976.0M | -1.0B |
| Minority Equity | 986.0M | 806.0M | 755.0M | -- | -- |
| Equity Attributable | 4.0B | 4.0B | 2.6B | 320.0M | 426.0M |
| Total Equity | 5.0B | 4.8B | 3.4B | 320.0M | 426.0M |
| 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 | 5.3B | 3.4B | 3.1B | 333.0M | 996.0M |
| Tax Refunds Received | 1.8M | 1.1M | 22.7M | -- | -- |
| Total Operating Cash Inflow | 5.6B | 3.5B | 3.2B | 372.0M | 1.0B |
| Cash Paid For Goods | 2.8B | 1.4B | 1.4B | 329.0M | 657.0M |
| Cash Paid To Employees | 694.0M | 640.0M | 489.0M | 123.0M | 118.0M |
| Taxes Paid | 676.0M | 467.0M | 481.0M | 14.7M | 13.5M |
| Total Operating Cash Outflow | 4.3B | 2.6B | 2.5B | 476.0M | 811.0M |
| Operating Cash Flow | 1.2B | 915.0M | 690.0M | -104.0M | 193.0M |
| Total Investing Cash Inflow | 49,800 | 2,456 | 747,800 | 7.1M | 6.5M |
| Total Investing Cash Outflow | 637.0M | 116.0M | 116.0M | 7.9M | 15.2M |
| Investing Cash Flow | -637.0M | -116.0M | -115.0M | -744,000 | -8.7M |
| Cash From Borrowings | 1.4B | 2.1B | 2.4B | -- | -- |
| Dividends And Interest Paid | 351.0M | 265.0M | 403.0M | 6.7M | -- |
| Debt Repayments | 1.5B | 2.2B | 1.8B | -- | -- |
| Total Financing Cash Inflow | 1.4B | 2.7B | 2.6B | 7.4M | 6.3M |
| Total Financing Cash Outflow | 1.8B | 3.5B | 3.1B | 178.0M | 7.4M |
| Financing Cash Flow | -381.0M | -804.0M | -531.0M | -170.0M | -1.1M |
| Net Change In Cash | 218.0M | -5.6M | 43.5M | -275.0M | 183.0M |
| Ending Cash Balance | 1.1B | 897.0M | 899.0M | 132.0M | 407.0M |
| Capex | 114.0M | 116.0M | 116.0M | 7.9M | 15.2M |