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 | 864.0M | 722.0M | 464.0M | 441.0M | 232.0M |
| Revenue Growth % | 19.7% | 55.6% | 5.2% | 90.1% | -- |
| Total Revenue | 864.0M | 722.0M | 464.0M | 441.0M | 232.0M |
| Cost Of Revenue | 437.0M | 347.0M | 264.0M | 226.0M | 104.0M |
| Gross Profit | 427.0M | 375.0M | 200.0M | 215.0M | 128.0M |
| Gross Margin % | 49.4% | 51.9% | 43.1% | 48.8% | 55.2% |
| Total Operating Cost | 675.0M | 550.0M | 456.0M | 373.0M | 199.0M |
| Selling Expenses | 78.2M | 59.8M | 46.1M | 32.4M | 13.7M |
| Admin Expenses | 97.5M | 82.1M | 66.1M | 56.4M | 41.3M |
| Rd Expenses | 14.6M | 16.6M | 8.6M | 4.2M | 2.0M |
| Finance Expenses | 22.2M | 4.7M | 2.3M | -5.4M | 3.0M |
| Operating Income | 192.0M | 176.0M | 13.6M | 75.4M | 42.5M |
| Operating Margin % | 22.2% | 24.4% | 2.9% | 17.1% | 18.3% |
| Non Operating Income | 3.6M | 14.9M | 10.6M | 632,000 | 627,300 |
| Non Operating Expenses | 658,200 | 4.4M | 1.3M | 18.8M | 5.8M |
| Investment Income | -585,000 | 188,200 | -873,800 | -404,900 | 958,200 |
| Fair Value Change Income | 378,800 | 542,100 | 1.1M | 520,800 | -1.1M |
| Asset Disposal Income | -425,800 | 603,000 | 356,800 | -40,900 | 2,200 |
| Asset Impairment Loss | 13.4M | 6.2M | 15.5M | 37.6M | 5.1M |
| Other Income | 2.8M | 2.6M | 5.8M | 8.0M | 9.6M |
| Income Before Tax | 195.0M | 187.0M | 22.9M | 57.2M | 37.4M |
| Income Tax | 35.4M | 29.5M | 9.6M | 22.2M | 4.4M |
| Net Income | 159.0M | 157.0M | 13.3M | 35.0M | 33.0M |
| Net Margin % | 18.4% | 21.7% | 2.9% | 7.9% | 14.2% |
| Net Income Attributable | 147.0M | 151.0M | 22.5M | 33.8M | 19.0M |
| Minority Interest | 12.8M | 5.8M | -9.2M | 1.2M | 14.1M |
| Eps Basic | 0.14 | 0.14 | 0.02 | 0.03 | 0.03 |
| Eps Diluted | 0.14 | 0.14 | 0.02 | 0.03 | 0.03 |
| 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 | 208.0M | 525.0M | 658.0M | 397.0M | 291.0M |
| Trading Financial Assets | -- | 3.6M | 3.9M | 2.8M | 2.2M |
| Accounts Receivable | 58.8M | 52.3M | 278.0M | 307.0M | 287.0M |
| Notes Receivable | -- | -- | 2.1M | 1.2M | 16.0M |
| Notes And Accounts Receivable | 58.8M | 52.3M | 280.0M | 308.0M | 303.0M |
| Prepayments | 12.7M | 17.5M | 107.0M | 104.0M | 123.0M |
| Inventory | 113.0M | 96.5M | 98.4M | 24.6M | 27.6M |
| Total Current Assets | 478.0M | 781.0M | 1.8B | 1.6B | 819.0M |
| Long Term Equity Investment | 50.9M | 50.9M | 51.0M | 50.8M | 50.8M |
| Fixed Assets | -- | 707.0M | -- | -- | 53.6M |
| Fixed Assets Total | 1.2B | 707.0M | 499.0M | 242.0M | 53.6M |
| Construction In Progress | -- | 12.0M | -- | -- | -- |
| Construction In Progress Total | 156.0M | 12.0M | 5.3M | 3.5M | -- |
| Intangible Assets | 1.5B | 1.2B | 892.0M | 887.0M | 34.2M |
| Long Term Deferred Expenses | 184.0M | 140.0M | 124.0M | 1.2M | 1.7M |
| Total Non Current Assets | 4.1B | 3.0B | 2.3B | 1.7B | 343.0M |
| Total Assets | 4.6B | 3.8B | 4.1B | 3.3B | 1.2B |
| Short Term Borrowings | 146.0M | 81.0M | 92.9M | 22.0M | 1.0M |
| Accounts Payable | 86.0M | 60.5M | 66.7M | 70.0M | 49.8M |
| Advance Receipts | 703,300 | 537,900 | 50,700 | 1.8M | 1.9M |
| Contract Liabilities | 10.4M | 6.5M | 14.4M | 29.7M | 22.9M |
| Total Current Liabilities | 558.0M | 376.0M | 473.0M | 318.0M | 140.0M |
| Long Term Borrowings | 524.0M | 157.0M | 134.0M | 239.0M | -- |
| Total Non Current Liabilities | 996.0M | 547.0M | 445.0M | 528.0M | 17.4M |
| Total Liabilities | 1.6B | 923.0M | 918.0M | 846.0M | 158.0M |
| Paid In Capital | 1.1B | 1.1B | 1.1B | 619.0M | 619.0M |
| Capital Reserve | 2.4B | 2.5B | 3.1B | 2.7B | 1.1B |
| Surplus Reserve | 45.9M | 45.9M | 45.9M | 45.9M | 45.9M |
| Retained Earnings | -728.0M | -875.0M | -1.0B | -1.0B | -708.0M |
| Minority Equity | 222.0M | 95.7M | 31.2M | 40.4M | -21.2M |
| Equity Attributable | 2.8B | 2.8B | 3.2B | 2.4B | 1.0B |
| Total Equity | 3.0B | 2.9B | 3.2B | 2.4B | 1.0B |
| 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 | 908.0M | 849.0M | 789.0M | 1.4B | 953.0M |
| Tax Refunds Received | 953,400 | 248,800 | 8.5M | 244,900 | 90,600 |
| Total Operating Cash Inflow | 965.0M | 1.2B | 1.2B | 2.6B | 1.3B |
| Cash Paid For Goods | 332.0M | 390.0M | 629.0M | 1.1B | 792.0M |
| Cash Paid To Employees | 146.0M | 97.5M | 75.5M | 59.3M | 37.4M |
| Taxes Paid | 72.5M | 70.4M | 39.3M | 51.7M | 10.2M |
| Total Operating Cash Outflow | 728.0M | 841.0M | 1.3B | 1.6B | 1.1B |
| Operating Cash Flow | 236.0M | 315.0M | -16.5M | 947.0M | 226.0M |
| Total Investing Cash Inflow | 6.9M | 993.0M | 1.5B | 116.0M | 4.6M |
| Total Investing Cash Outflow | 680.0M | 1.1B | 1.4B | 787.0M | 55.6M |
| Investing Cash Flow | -673.0M | -66.6M | 96.0M | -671.0M | -51.0M |
| Cash From Borrowings | 417.0M | 275.0M | 91.4M | 83.0M | 1.0M |
| Dividends And Interest Paid | 17.2M | 27.4M | 19.5M | 24.8M | 1.8M |
| Debt Repayments | 231.0M | 320.0M | 187.0M | 264.0M | 51.3M |
| Total Financing Cash Inflow | 509.0M | 295.0M | 360.0M | 93.3M | 1.0M |
| Total Financing Cash Outflow | 381.0M | 671.0M | 212.0M | 290.0M | 54.7M |
| Financing Cash Flow | 128.0M | -376.0M | 147.0M | -196.0M | -53.7M |
| Net Change In Cash | -309.0M | -128.0M | 227.0M | 79.9M | 121.0M |
| Ending Cash Balance | 207.0M | 516.0M | 644.0M | 396.0M | 290.0M |
| Capex | 458.0M | 121.0M | 38.8M | 42.1M | 5.1M |