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 |
|---|---|---|---|---|---|---|
| Revenue | 8.7B | 6.8B | 6.2B | 6.3B | 3.6B | 3.0B |
| Revenue Growth % | 27.6% | 9.4% | -0.9% | 74.7% | 20.3% | -- |
| Total Revenue | 8.7B | 6.8B | 6.2B | 6.3B | 3.6B | 3.0B |
| Cost Of Revenue | 8.4B | 6.6B | 6.0B | 6.0B | 3.4B | 2.9B |
| Gross Profit | 328.0M | 233.0M | 181.0M | 261.0M | 176.0M | 114.0M |
| Gross Margin % | 3.8% | 3.4% | 2.9% | 4.2% | 4.9% | 3.8% |
| Total Operating Cost | 8.5B | 6.7B | 6.1B | 6.1B | 3.5B | 2.9B |
| Selling Expenses | 16.7M | 11.6M | 8.9M | 11.9M | 11.0M | 23.0M |
| Admin Expenses | 40.6M | 32.1M | 27.0M | 23.8M | 28.4M | 9.2M |
| Rd Expenses | 34.6M | 26.2M | 22.0M | 19.7M | 13.7M | 9.7M |
| Finance Expenses | 34.0M | 17.5M | 14.2M | 18.5M | 10.9M | 11.8M |
| Operating Income | 209.0M | 164.0M | 116.0M | 182.0M | 93.7M | 71.8M |
| Operating Margin % | 2.4% | 2.4% | 1.9% | 2.9% | 2.6% | 2.4% |
| Non Operating Income | 220,600 | 288,700 | 117,300 | 305,600 | 938,300 | 1.7M |
| Non Operating Expenses | 1.8M | 453,200 | 153,900 | 315,400 | 802,900 | 125,500 |
| Investment Income | -1.0M | -4.2M | -5.6M | -5.5M | -2.5M | -2.8M |
| Fair Value Change Income | 2.0M | 367,100 | 344,000 | -680,300 | -12.4M | -228,500 |
| Asset Disposal Income | 433,000 | -214,300 | 52,500 | -- | -- | -- |
| Asset Impairment Loss | 7.6M | 2.0M | 19.2M | 16.1M | 14.5M | 1.4M |
| Other Income | 34.3M | 34.5M | 36.2M | 24.1M | 16.4M | 19.3M |
| Income Before Tax | 208.0M | 164.0M | 116.0M | 182.0M | 93.8M | 73.4M |
| Income Tax | 31.2M | 22.1M | 11.3M | 34.3M | 21.1M | 12.1M |
| Net Income | 176.0M | 142.0M | 105.0M | 148.0M | 72.7M | 61.2M |
| Net Margin % | 2.0% | 2.1% | 1.7% | 2.4% | 2.0% | 2.0% |
| Net Income Attributable | 176.0M | 142.0M | 105.0M | 148.0M | 72.7M | 61.2M |
| Eps Basic | 1.61 | 1.30 | 0.96 | 1.39 | 0.79 | -- |
| Eps Diluted | 1.61 | 1.30 | -- | -- | -- | -- |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 712.0M | 284.0M | 193.0M | 221.0M | 139.0M | 125.0M |
| Trading Financial Assets | -- | -- | 31.3M | 22.1M | 646,500 | 5.7M |
| Accounts Receivable | 1.3B | 973.0M | 735.0M | 691.0M | 459.0M | 302.0M |
| Notes Receivable | 283.0M | 332.0M | 266.0M | 265.0M | 158.0M | 114.0M |
| Notes And Accounts Receivable | 1.6B | 1.3B | 1.0B | 956.0M | 617.0M | 416.0M |
| Prepayments | 82.7M | 29.2M | 23.2M | 67.0M | 22.1M | 4.6M |
| Inventory | 550.0M | 450.0M | 342.0M | 318.0M | 339.0M | 223.0M |
| Total Current Assets | 3.0B | 2.1B | 1.6B | 1.6B | 1.2B | 786.0M |
| Fixed Assets | -- | 151.0M | 129.0M | 99.1M | 84.0M | 60.3M |
| Fixed Assets Total | 195.0M | 151.0M | 129.0M | 99.1M | 84.0M | 60.3M |
| Construction In Progress | -- | 34.0M | 20.9M | 19.8M | 25.5M | 19.7M |
| Construction In Progress Total | 45.0M | 35.4M | 22.1M | 20.9M | 26.1M | 19.7M |
| Intangible Assets | 31.7M | 32.5M | 33.1M | 33.9M | 34.7M | 17.4M |
| Long Term Deferred Expenses | 13.2M | 7.2M | 4.8M | 4.6M | 6.2M | 7.1M |
| Total Non Current Assets | 334.0M | 248.0M | 204.0M | 172.0M | 158.0M | 113.0M |
| Total Assets | 3.3B | 2.3B | 1.8B | 1.8B | 1.3B | 899.0M |
| Short Term Borrowings | 799.0M | 528.0M | 400.0M | 377.0M | 247.0M | 169.0M |
| Accounts Payable | 77.8M | 130.0M | 68.9M | 91.5M | 222.0M | 111.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 4.0M |
| Contract Liabilities | 7.8M | 2.0M | 1.8M | 2.5M | 4.7M | -- |
| Total Current Liabilities | 1.9B | 1.1B | 740.0M | 825.0M | 689.0M | 585.0M |
| Long Term Borrowings | 54.4M | -- | 21.0M | -- | -- | -- |
| Total Non Current Liabilities | 132.0M | 43.4M | 56.7M | 34.6M | 67.7M | 35.9M |
| Total Liabilities | 2.0B | 1.2B | 797.0M | 859.0M | 757.0M | 621.0M |
| Paid In Capital | 109.0M | 109.0M | 109.0M | 109.0M | 98.5M | 76.8M |
| Capital Reserve | 545.0M | 544.0M | 540.0M | 537.0M | 344.0M | 69.7M |
| Surplus Reserve | 40.2M | 36.7M | 24.3M | 6.3M | 724,700 | 5.7M |
| Retained Earnings | 660.0M | 487.0M | 358.0M | 271.0M | 129.0M | 125.0M |
| Equity Attributable | 1.4B | 1.2B | 1.0B | 923.0M | 572.0M | 278.0M |
| Total Equity | 1.4B | 1.2B | 1.0B | 923.0M | 572.0M | 278.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 8.2B | 6.4B | 6.3B | 5.9B | 3.4B | 2.9B |
| Tax Refunds Received | 7.3M | 8.1M | 7.6M | 9.6M | 4.6M | 3.8M |
| Total Operating Cash Inflow | 8.2B | 6.4B | 6.3B | 6.0B | 3.4B | 2.9B |
| Cash Paid For Goods | 8.9B | 7.1B | 6.8B | 6.5B | 3.6B | 3.0B |
| Cash Paid To Employees | 64.6M | 51.5M | 49.8M | 38.0M | 21.9M | 17.6M |
| Taxes Paid | 56.8M | 35.2M | 52.0M | 29.1M | 22.7M | 24.3M |
| Total Operating Cash Outflow | 9.1B | 7.2B | 6.9B | 6.5B | 3.7B | 3.0B |
| Operating Cash Flow | -857.0M | -822.0M | -580.0M | -570.0M | -307.0M | -125.0M |
| Total Investing Cash Inflow | 218.0M | 356.0M | 884.0M | 412.0M | 145.0M | -- |
| Total Investing Cash Outflow | 365.0M | 416.0M | 943.0M | 425.0M | 226.0M | 37.4M |
| Investing Cash Flow | -147.0M | -59.8M | -59.1M | -12.9M | -80.6M | -37.4M |
| Cash From Borrowings | 1.6B | 745.0M | 207.0M | 207.0M | 211.0M | 238.0M |
| Dividends And Interest Paid | 24.9M | 11.5M | 9.9M | 14.0M | 25.7M | 9.5M |
| Debt Repayments | 1.2B | 665.0M | 207.0M | 174.0M | 179.0M | 290.0M |
| Total Financing Cash Inflow | 2.6B | 1.6B | 889.0M | 1.0B | 702.0M | 520.0M |
| Total Financing Cash Outflow | 1.7B | 682.0M | 258.0M | 412.0M | 297.0M | 334.0M |
| Financing Cash Flow | 936.0M | 931.0M | 631.0M | 633.0M | 404.0M | 186.0M |
| Net Change In Cash | -70.5M | 47.4M | -7.2M | 50.1M | 16.6M | 23.6M |
| Ending Cash Balance | 87.5M | 158.0M | 111.0M | 118.0M | 67.7M | 51.1M |
| Capex | 101.0M | 57.5M | 51.2M | 13.1M | 61.0M | 37.4M |