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 | 4.1B | 3.9B | 2.6B | 2.0B | 1.8B |
| Revenue Growth % | 5.0% | 48.9% | 28.6% | 16.3% | -- |
| Total Revenue | 4.1B | 3.9B | 2.6B | 2.0B | 1.8B |
| Cost Of Revenue | 3.2B | 3.0B | 2.0B | 1.6B | 1.3B |
| Gross Profit | 887.0M | 929.0M | 606.0M | 442.0M | 436.0M |
| Gross Margin % | 21.6% | 23.8% | 23.1% | 21.7% | 24.9% |
| Total Operating Cost | 4.0B | 3.6B | 2.5B | 2.0B | 1.7B |
| Selling Expenses | 259.0M | 222.0M | 166.0M | 158.0M | 138.0M |
| Admin Expenses | 140.0M | 115.0M | 93.0M | 87.7M | 68.8M |
| Rd Expenses | 208.0M | 180.0M | 128.0M | 117.0M | 92.5M |
| Finance Expenses | 32.9M | 38.0M | 30.5M | 8.2M | -1.2M |
| Operating Income | 179.0M | 331.0M | 127.0M | 94.7M | 119.0M |
| Operating Margin % | 4.4% | 8.5% | 4.8% | 4.6% | 6.8% |
| Non Operating Income | 2.0M | 4.3M | 5.6M | 7.7M | 4.9M |
| Non Operating Expenses | 2.0M | 573,600 | 795,900 | 1.2M | 2.0M |
| Investment Income | 1.7M | 266,000 | 344,800 | 172,300 | 1.8M |
| Asset Disposal Income | 7.0M | 33.9M | 331,400 | 52.7M | 108,500 |
| Asset Impairment Loss | 32.3M | -778,300 | 10.0M | 6.8M | 427,900 |
| Other Income | 66.1M | 40.5M | 37.3M | 34.6M | 18.2M |
| Income Before Tax | 179.0M | 335.0M | 132.0M | 101.0M | 122.0M |
| Income Tax | -1.8M | 29.8M | 12.3M | 7.4M | 8.3M |
| Net Income | 180.0M | 305.0M | 120.0M | 93.8M | 114.0M |
| Net Margin % | 4.4% | 7.8% | 4.6% | 4.6% | 6.5% |
| Net Income Attributable | 178.0M | 299.0M | 114.0M | 88.6M | 110.0M |
| Minority Interest | 2.5M | 6.3M | 5.3M | 5.2M | 3.5M |
| Eps Basic | 0.65 | 1.10 | 0.50 | 0.55 | 0.68 |
| Eps Diluted | 0.65 | 1.10 | 0.50 | 0.55 | 0.68 |
| 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 | 507.0M | 877.0M | 706.0M | 487.0M | 565.0M |
| Accounts Receivable | 2.4B | 2.0B | 1.3B | 1.2B | 1.0B |
| Notes Receivable | 159.0M | 133.0M | 155.0M | 178.0M | 22.8M |
| Notes And Accounts Receivable | 2.6B | 2.2B | 1.5B | 1.4B | 1.0B |
| Prepayments | 38.7M | 42.4M | 53.9M | 39.4M | 20.9M |
| Inventory | 812.0M | 896.0M | 1.1B | 874.0M | 500.0M |
| Total Current Assets | 4.2B | 4.2B | 3.6B | 2.9B | 2.2B |
| Long Term Equity Investment | 8.5M | 27.5M | 27.1M | 25.2M | 25.3M |
| Fixed Assets | -- | 746.0M | 705.0M | 424.0M | 280.0M |
| Fixed Assets Total | 724.0M | 746.0M | 705.0M | 424.0M | 280.0M |
| Construction In Progress | -- | 1.4M | 56.4M | 171.0M | 253.0M |
| Construction In Progress Total | 1.9M | 1.4M | 56.4M | 171.0M | 253.0M |
| Intangible Assets | 165.0M | 170.0M | 175.0M | 193.0M | 234.0M |
| Long Term Deferred Expenses | 1.1M | 1.3M | 581,900 | 716,300 | 990,200 |
| Total Non Current Assets | 1.0B | 1.1B | 1.1B | 904.0M | 820.0M |
| Total Assets | 5.2B | 5.3B | 4.7B | 3.8B | 3.0B |
| Short Term Borrowings | 1.7M | 12.1M | -- | -- | -- |
| Accounts Payable | 951.0M | 1.1B | 841.0M | 718.0M | 560.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 489.0M | 367.0M | 366.0M | 390.0M | 201.0M |
| Total Current Liabilities | 2.8B | 2.5B | 2.0B | 2.0B | 1.4B |
| Long Term Borrowings | 569.0M | 1.1B | 1.1B | 419.0M | 323.0M |
| Total Non Current Liabilities | 674.0M | 1.2B | 1.3B | 497.0M | 362.0M |
| Total Liabilities | 3.5B | 3.7B | 3.3B | 2.5B | 1.8B |
| Paid In Capital | 273.0M | 227.0M | 162.0M | 162.0M | 162.0M |
| Capital Reserve | 388.0M | 438.0M | 503.0M | 503.0M | 503.0M |
| Surplus Reserve | 64.2M | 64.2M | 54.0M | 47.7M | 43.4M |
| Retained Earnings | 936.0M | 849.0M | 641.0M | 565.0M | 515.0M |
| Minority Equity | 26.7M | 31.2M | 25.1M | 20.5M | 15.3M |
| Equity Attributable | 1.7B | 1.6B | 1.4B | 1.3B | 1.2B |
| Total Equity | 1.7B | 1.6B | 1.4B | 1.3B | 1.2B |
| 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 | 3.7B | 3.3B | 2.2B | 1.8B | 1.5B |
| Tax Refunds Received | 16.0M | 17.4M | 22.8M | 16.4M | 9.1M |
| Total Operating Cash Inflow | 4.0B | 3.6B | 2.5B | 2.0B | 1.7B |
| Cash Paid For Goods | 2.9B | 2.2B | 2.0B | 1.5B | 1.1B |
| Cash Paid To Employees | 428.0M | 361.0M | 312.0M | 255.0M | 188.0M |
| Taxes Paid | 195.0M | 180.0M | 122.0M | 92.7M | 69.5M |
| Total Operating Cash Outflow | 3.9B | 3.1B | 2.8B | 2.2B | 1.7B |
| Operating Cash Flow | 98.4M | 417.0M | -315.0M | -155.0M | 19.2M |
| Total Investing Cash Inflow | 51.5M | 66.7M | 59.6M | 164.0M | 398.0M |
| Total Investing Cash Outflow | 82.9M | 132.0M | 143.0M | 286.0M | 417.0M |
| Investing Cash Flow | -31.4M | -65.7M | -82.9M | -122.0M | -18.8M |
| Cash From Borrowings | 412.0M | 444.0M | 1.1B | 242.0M | 170.0M |
| Dividends And Interest Paid | 127.0M | 132.0M | 75.4M | 52.6M | 36.4M |
| Debt Repayments | 711.0M | 439.0M | 494.0M | -- | -- |
| Total Financing Cash Inflow | 682.0M | 614.0M | 1.3B | 514.0M | 303.0M |
| Total Financing Cash Outflow | 1.2B | 786.0M | 763.0M | 334.0M | 181.0M |
| Financing Cash Flow | -485.0M | -172.0M | 544.0M | 179.0M | 123.0M |
| Net Change In Cash | -417.0M | 180.0M | 148.0M | -97.8M | 122.0M |
| Ending Cash Balance | 276.0M | 694.0M | 514.0M | 366.0M | 464.0M |
| Capex | 57.9M | 103.0M | 141.0M | 203.0M | 101.0M |