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 2011Dec 31, 2011 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.1B | 3.0B | 2.6B | 1.7B | 1.0B | 795.0M | 766.0M | 362.0M | 274.0M | 226.0M |
| Revenue Growth % | -30.0% | 12.7% | 54.6% | 67.3% | 27.3% | 3.8% | 111.6% | 32.1% | 21.2% | -- |
| Total Revenue | 2.1B | 3.0B | 2.6B | 1.7B | 1.0B | 795.0M | 766.0M | 362.0M | 274.0M | 226.0M |
| Cost Of Revenue | 1.9B | 2.8B | 2.4B | 1.4B | 782.0M | 631.0M | 634.0M | 272.0M | 205.0M | 178.0M |
| Gross Profit | 207.0M | 144.0M | 259.0M | 251.0M | 230.0M | 164.0M | 132.0M | 90.0M | 69.0M | 48.0M |
| Gross Margin % | 10.0% | 4.9% | 9.9% | 14.8% | 22.7% | 20.6% | 17.2% | 24.9% | 25.2% | 21.2% |
| Total Operating Cost | 2.1B | 3.1B | 2.6B | 1.6B | 889.0M | 724.0M | 719.0M | 320.0M | 239.0M | 203.0M |
| Selling Expenses | 32.3M | 43.9M | 29.7M | 22.8M | 20.0M | 32.1M | 32.2M | 13.0M | 11.4M | 6.7M |
| Admin Expenses | 75.4M | 66.2M | 56.0M | 36.8M | 28.8M | 25.5M | 20.7M | 26.9M | 18.5M | 14.7M |
| Rd Expenses | 76.2M | 99.2M | 82.1M | 53.0M | 37.2M | 27.1M | 22.1M | -- | -- | -- |
| Finance Expenses | 37.0M | 37.6M | 18.0M | 12.7M | 6.1M | 6.0M | 2.7M | 5.7M | 3.0M | 2.4M |
| Operating Income | 9.1M | -104.0M | 70.6M | 125.0M | 138.0M | 81.9M | 55.5M | 42.7M | 35.2M | 22.6M |
| Operating Margin % | 0.4% | -3.5% | 2.7% | 7.4% | 13.6% | 10.3% | 7.2% | 11.8% | 12.8% | 10.0% |
| Non Operating Income | 394,900 | 103,600 | 1.6M | 1.0M | 578,700 | 613,000 | 65,600 | 4.4M | 256,800 | 3.3M |
| Non Operating Expenses | 710,500 | 1.9M | 583,000 | 405,100 | 351,000 | 236,200 | 335,200 | 200,000 | 275,800 | 199,600 |
| Investment Income | 4.5M | 1.3M | 1.0M | 990,900 | 1.7M | 1.1M | 2.5M | -- | -- | -- |
| Fair Value Change Income | -- | -- | -- | -- | -259,800 | 341,600 | -75,300 | -- | -- | -- |
| Asset Disposal Income | -22,000 | 393,600 | -494,900 | 253,800 | 1.6M | 24,300 | -- | -- | -- | -- |
| Asset Impairment Loss | 5.0M | 7.6M | 9.9M | 520,100 | 938,300 | 1.9M | 3.5M | 1.1M | 463,600 | 1.2M |
| Other Income | 30.5M | 17.7M | 21.6M | 9.9M | 12.3M | 9.3M | 5.3M | -- | -- | -- |
| Income Before Tax | 8.8M | -106.0M | 71.6M | 126.0M | 138.0M | 82.3M | 55.2M | 46.9M | 35.2M | 25.7M |
| Income Tax | -8.1M | -20.0M | -3.2M | 12.8M | 22.7M | 10.4M | 7.3M | 6.9M | 4.5M | 3.7M |
| Net Income | 16.9M | -86.3M | 74.8M | 113.0M | 116.0M | 71.9M | 47.9M | 40.0M | 30.7M | 22.0M |
| Net Margin % | 0.8% | -2.9% | 2.9% | 6.7% | 11.5% | 9.0% | 6.3% | 11.1% | 11.2% | 9.7% |
| Net Income Attributable | 16.9M | -86.3M | 74.8M | 113.0M | 116.0M | 71.9M | 47.9M | 40.0M | 30.7M | 22.3M |
| Minority Interest | -- | -- | -- | -- | -- | -- | -- | -- | -- | -231,400 |
| Eps Basic | 0.18 | -0.94 | 0.87 | 1.64 | 1.68 | 1.04 | 0.69 | 0.73 | 0.58 | 0.70 |
| Eps Diluted | 0.18 | -0.94 | 0.87 | 1.64 | 1.68 | 1.04 | 0.69 | 0.73 | 0.58 | 0.70 |
| 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 2011Dec 31, 2011 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 658.0M | 302.0M | 216.0M | 208.0M | 98.4M | 95.0M | 79.4M | 33.2M | 26.9M | 28.8M |
| Trading Financial Assets | -- | -- | -- | -- | 27.0M | 72.8M | -- | -- | -- | -- |
| Accounts Receivable | 601.0M | 693.0M | 451.0M | 215.0M | 116.0M | 113.0M | 149.0M | 69.2M | 54.4M | 45.9M |
| Notes Receivable | 264.0M | 408.0M | 462.0M | 305.0M | 208.0M | 140.0M | 135.0M | 8.6M | 8.4M | 1.4M |
| Notes And Accounts Receivable | 865.0M | 1.1B | 913.0M | 521.0M | 325.0M | 254.0M | 283.0M | 77.8M | 62.8M | 47.3M |
| Prepayments | 40.1M | 26.0M | 44.1M | 21.0M | 53.7M | 8.4M | 8.3M | 8.8M | 11.1M | 5.9M |
| Inventory | 215.0M | 368.0M | 627.0M | 194.0M | 132.0M | 112.0M | 88.2M | 60.2M | 48.1M | 22.6M |
| Total Current Assets | 1.8B | 2.1B | 2.0B | 981.0M | 681.0M | 563.0M | 523.0M | 183.0M | 150.0M | 107.0M |
| Fixed Assets | -- | 495.0M | 387.0M | 288.0M | 146.0M | 130.0M | 119.0M | 52.7M | 48.3M | 21.6M |
| Fixed Assets Total | 561.0M | 495.0M | 387.0M | 288.0M | 146.0M | 130.0M | 119.0M | 52.7M | 48.3M | 21.6M |
| Construction In Progress | -- | 62.4M | 45.9M | 30.3M | 84.9M | 5.8M | 6.1M | 31.8M | 7.6M | 25.1M |
| Construction In Progress Total | 1.6M | 62.4M | 45.9M | 30.3M | 84.9M | 5.8M | 6.1M | 31.8M | 7.6M | 25.1M |
| Intangible Assets | 25.9M | 25.6M | 26.0M | 24.9M | 25.5M | 26.1M | 26.8M | 3.7M | 3.8M | 3.8M |
| Long Term Deferred Expenses | 23.1M | 19.7M | 6.2M | 4.0M | 2.3M | -- | 233,300 | 495,600 | -- | -- |
| Total Non Current Assets | 682.0M | 667.0M | 513.0M | 384.0M | 285.0M | 170.0M | 167.0M | 89.3M | 60.1M | 50.8M |
| Total Assets | 2.5B | 2.7B | 2.5B | 1.4B | 966.0M | 734.0M | 690.0M | 272.0M | 210.0M | 157.0M |
| Short Term Borrowings | 189.0M | 338.0M | 505.0M | 187.0M | 98.8M | 44.2M | 50.0M | 49.1M | 41.0M | 46.2M |
| Accounts Payable | 102.0M | 109.0M | 83.7M | 59.9M | 47.8M | 42.0M | 45.1M | 8.6M | 14.9M | 9.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.3M | 3.5M | 4.0M | 1.1M | 549,900 |
| Contract Liabilities | 10.9M | 35.3M | 20.6M | 15.5M | 13.2M | -- | -- | -- | -- | -- |
| Total Current Liabilities | 616.0M | 766.0M | 1.1B | 541.0M | 310.0M | 198.0M | 224.0M | 86.5M | 74.2M | 80.4M |
| Long Term Borrowings | 91.4M | 183.0M | 47.9M | 55.1M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 349.0M | 659.0M | 78.2M | 69.4M | 13.6M | 8.8M | 10.9M | 15.0M | 5.4M | 2.6M |
| Total Liabilities | 965.0M | 1.4B | 1.2B | 611.0M | 324.0M | 207.0M | 235.0M | 102.0M | 79.6M | 83.0M |
| Paid In Capital | 105.0M | 93.3M | 93.3M | 69.0M | 69.0M | 69.0M | 69.0M | 54.5M | 54.5M | 46.5M |
| Capital Reserve | 996.0M | 748.0M | 733.0M | 180.0M | 180.0M | 180.0M | 180.0M | 41.3M | 41.5M | 21.0M |
| Surplus Reserve | 47.1M | 47.1M | 43.4M | 37.1M | 32.7M | 27.5M | 21.2M | 9.0M | 5.0M | 1.9M |
| Retained Earnings | 390.0M | 373.0M | 501.0M | 469.0M | 360.0M | 250.0M | 184.0M | 65.5M | 29.3M | 5.2M |
| Equity Attributable | 1.6B | 1.3B | 1.3B | 755.0M | 642.0M | 527.0M | 455.0M | 170.0M | 130.0M | 74.5M |
| Total Equity | 1.6B | 1.3B | 1.3B | 755.0M | 642.0M | 527.0M | 455.0M | 170.0M | 130.0M | 74.5M |
| 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 2011Dec 31, 2011 | FY 2010Dec 31, 2010 | FY 2009Dec 31, 2009 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.2B | 2.7B | 2.2B | 1.2B | 865.0M | 630.0M | 658.0M | 409.0M | 304.0M | 227.0M |
| Tax Refunds Received | 21.8M | 47.3M | 57.2M | 17.3M | 2.8M | 8.6M | 6.0M | 123,500 | -- | -- |
| Total Operating Cash Inflow | 2.2B | 2.8B | 2.3B | 1.3B | 885.0M | 654.0M | 670.0M | 424.0M | 308.0M | 231.0M |
| Cash Paid For Goods | 1.4B | 2.7B | 2.8B | 1.1B | 755.0M | 501.0M | 551.0M | 339.0M | 270.0M | 190.0M |
| Cash Paid To Employees | 145.0M | 138.0M | 112.0M | 82.3M | 55.9M | 42.0M | 33.2M | 15.6M | 10.4M | 5.2M |
| Taxes Paid | 17.6M | 31.8M | 24.9M | 32.3M | 26.4M | 17.0M | 15.2M | 21.9M | 13.7M | 11.1M |
| Total Operating Cash Outflow | 1.7B | 2.9B | 3.0B | 1.3B | 867.0M | 599.0M | 643.0M | 406.0M | 314.0M | 224.0M |
| Operating Cash Flow | 563.0M | -155.0M | -691.0M | 11.8M | 17.7M | 54.8M | 26.7M | 18.5M | -6.0M | 7.2M |
| Total Investing Cash Inflow | 2.3B | 1.1B | 1.4B | 639.0M | 78.0M | 65.1M | 90.2M | -- | 226,900 | -- |
| Total Investing Cash Outflow | 2.3B | 1.3B | 1.5B | 708.0M | 153.0M | 85.8M | 80.2M | 14.8M | 13.1M | 15.6M |
| Investing Cash Flow | -47.1M | -209.0M | -140.0M | -69.0M | -75.2M | -20.8M | 10.0M | -14.8M | -12.9M | -15.6M |
| Cash From Borrowings | 459.0M | 1.6B | 709.0M | 294.0M | 98.6M | 63.2M | 50.0M | 69.1M | 51.0M | 63.2M |
| Dividends And Interest Paid | 17.1M | 78.4M | 59.5M | 6.0M | 1.8M | 3.5M | 3.2M | 5.4M | 6.2M | 2.0M |
| Debt Repayments | 607.0M | 1.0B | 397.0M | 118.0M | 44.0M | 69.0M | 69.5M | 61.0M | 56.2M | 47.9M |
| Total Financing Cash Inflow | 459.0M | 1.6B | 1.3B | 294.0M | 98.6M | 63.2M | 50.0M | 71.2M | 83.7M | 92.0M |
| Total Financing Cash Outflow | 643.0M | 1.1B | 484.0M | 126.0M | 45.8M | 72.5M | 72.7M | 73.0M | 64.5M | 78.4M |
| Financing Cash Flow | -184.0M | 473.0M | 816.0M | 168.0M | 52.8M | -9.3M | -22.7M | -1.8M | 19.1M | 13.6M |
| Net Change In Cash | 333.0M | 109.0M | -17.5M | 111.0M | -5.4M | 25.0M | 14.6M | 1.8M | 147,900 | 5.2M |
| Ending Cash Balance | 621.0M | 288.0M | 179.0M | 196.0M | 85.3M | 90.7M | 65.7M | 26.5M | 24.7M | 24.6M |
| Capex | 52.0M | 210.0M | 144.0M | 102.0M | 121.0M | 13.3M | 20.2M | 14.8M | 13.1M | 13.9M |