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 | 2.7B | 2.4B | 2.0B | 1.6B | 905.0M |
| Revenue Growth % | 11.9% | 16.3% | 29.1% | 74.4% | -- |
| Total Revenue | 2.7B | 2.4B | 2.0B | 1.6B | 905.0M |
| Cost Of Revenue | 1.8B | 1.6B | 1.3B | 1.1B | 644.0M |
| Gross Profit | 870.0M | 785.0M | 704.0M | 493.0M | 261.0M |
| Gross Margin % | 32.8% | 33.1% | 34.6% | 31.2% | 28.8% |
| Total Operating Cost | 2.3B | 2.1B | 1.8B | 1.3B | 740.0M |
| Selling Expenses | 385.0M | 347.0M | 311.0M | 144.0M | 20.2M |
| Admin Expenses | 73.2M | 66.5M | 58.4M | 52.3M | 29.5M |
| Rd Expenses | 53.0M | 46.7M | 43.3M | 39.8M | 31.8M |
| Finance Expenses | 1.1M | -3.0M | -124,900 | 4.1M | 3.6M |
| Operating Income | 355.0M | 411.0M | 295.0M | 252.0M | 172.0M |
| Operating Margin % | 13.4% | 17.3% | 14.5% | 16.0% | 19.0% |
| Non Operating Income | 870,000 | 956,300 | 1.2M | 123,200 | 169,400 |
| Non Operating Expenses | 2.1M | 2.6M | 417,600 | 3.3M | 225,100 |
| Investment Income | 3.1M | -173,200 | -- | 3.2M | 2.0M |
| Asset Disposal Income | 364,700 | 86.0M | 50,500 | 120,000 | 30,200 |
| Asset Impairment Loss | 5.2M | 10.2M | 10.3M | 5.2M | 3.7M |
| Other Income | 25.0M | 28.5M | 32.3M | 14.0M | 5.0M |
| Income Before Tax | 354.0M | 410.0M | 295.0M | 248.0M | 171.0M |
| Income Tax | 86.4M | 98.3M | 64.8M | 53.7M | 37.4M |
| Net Income | 267.0M | 311.0M | 230.0M | 195.0M | 134.0M |
| Net Margin % | 10.1% | 13.1% | 11.3% | 12.4% | 14.8% |
| Net Income Attributable | 233.0M | 301.0M | 215.0M | 185.0M | 134.0M |
| Minority Interest | 34.1M | 10.2M | 15.1M | 9.4M | -3,100 |
| Eps Basic | 0.58 | 0.75 | 0.57 | 0.52 | 0.37 |
| Eps Diluted | 0.58 | 0.75 | 0.57 | 0.52 | 0.37 |
| 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 | 588.0M | 491.0M | 404.0M | 100.0M | 65.8M |
| Trading Financial Assets | 8.5M | 14.8M | -- | -- | -- |
| Accounts Receivable | 338.0M | 290.0M | 255.0M | 210.0M | 186.0M |
| Notes Receivable | 1.2M | 5.0M | 1.9M | 2.8M | 2.9M |
| Notes And Accounts Receivable | 340.0M | 295.0M | 256.0M | 213.0M | 189.0M |
| Prepayments | 46.2M | 57.4M | 36.6M | 25.5M | 16.1M |
| Inventory | 267.0M | 267.0M | 220.0M | 184.0M | 101.0M |
| Total Current Assets | 1.3B | 1.2B | 935.0M | 536.0M | 380.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 358.0M | 350.0M | 314.0M | 146.0M |
| Fixed Assets Total | 477.0M | 358.0M | 350.0M | 314.0M | 146.0M |
| Construction In Progress | -- | 159.0M | 95.6M | 116.0M | 143.0M |
| Construction In Progress Total | 149.0M | 159.0M | 95.6M | 116.0M | 143.0M |
| Intangible Assets | 85.9M | 89.2M | 76.1M | 79.4M | 65.3M |
| Long Term Deferred Expenses | 9.1M | 9.6M | 3.8M | 4.2M | 4.5M |
| Total Non Current Assets | 830.0M | 738.0M | 597.0M | 580.0M | 446.0M |
| Total Assets | 2.1B | 1.9B | 1.5B | 1.1B | 826.0M |
| Short Term Borrowings | 150.0M | -- | -- | 87.1M | 62.2M |
| Accounts Payable | 195.0M | 154.0M | 153.0M | 133.0M | 89.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 22.5M | 19.9M | 26.2M | 12.4M | 5.9M |
| Total Current Liabilities | 508.0M | 317.0M | 344.0M | 341.0M | 232.0M |
| Long Term Borrowings | -- | -- | 1.0M | 53.1M | 80.7M |
| Total Non Current Liabilities | 75.9M | 84.4M | 42.9M | 97.7M | 109.0M |
| Total Liabilities | 584.0M | 402.0M | 387.0M | 438.0M | 341.0M |
| Paid In Capital | 400.0M | 400.0M | 400.0M | 360.0M | 360.0M |
| Capital Reserve | 306.0M | 306.0M | 283.0M | 38.4M | 38.4M |
| Surplus Reserve | 64.9M | 35.9M | 21.1M | 14.5M | 5.3M |
| Retained Earnings | 604.0M | 610.0M | 424.0M | 240.0M | 78.4M |
| Minority Equity | 181.0M | 146.0M | 16.5M | 25.1M | 2.4M |
| Equity Attributable | 1.4B | 1.4B | 1.1B | 652.0M | 482.0M |
| Total Equity | 1.6B | 1.5B | 1.1B | 678.0M | 484.0M |
| 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 | 2.9B | 2.6B | 2.3B | 1.8B | 998.0M |
| Tax Refunds Received | 1.0M | 3.2M | 12.3M | 9.7M | -- |
| Total Operating Cash Inflow | 3.0B | 2.7B | 2.3B | 1.8B | 1.0B |
| Cash Paid For Goods | 1.8B | 1.7B | 1.4B | 1.2B | 670.0M |
| Cash Paid To Employees | 252.0M | 236.0M | 195.0M | 149.0M | 95.6M |
| Taxes Paid | 257.0M | 240.0M | 195.0M | 131.0M | 84.3M |
| Total Operating Cash Outflow | 2.7B | 2.5B | 2.1B | 1.6B | 873.0M |
| Operating Cash Flow | 320.0M | 166.0M | 252.0M | 179.0M | 131.0M |
| Total Investing Cash Inflow | 968.0M | 257.0M | 616,200 | 342.0M | 20.6M |
| Total Investing Cash Outflow | 1.1B | 338.0M | 71.7M | 452.0M | 155.0M |
| Investing Cash Flow | -153.0M | -81.1M | -71.1M | -110.0M | -135.0M |
| Cash From Borrowings | 226.0M | -- | 19.9M | 144.0M | 165.0M |
| Dividends And Interest Paid | 210.0M | 101.0M | 4.3M | 23.8M | 6.0M |
| Debt Repayments | 80.0M | 33.0M | 127.0M | 147.0M | 127.0M |
| Total Financing Cash Inflow | 281.0M | 143.0M | 382.0M | 144.0M | 169.0M |
| Total Financing Cash Outflow | 351.0M | 145.0M | 259.0M | 178.0M | 142.0M |
| Financing Cash Flow | -69.9M | -2.1M | 123.0M | -34.3M | 27.5M |
| Net Change In Cash | 97.4M | 84.4M | 304.0M | 34.2M | 23.9M |
| Ending Cash Balance | 586.0M | 488.0M | 404.0M | 100.0M | 65.8M |
| Capex | 164.0M | 226.0M | 70.7M | 154.0M | 119.0M |