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 | 2.8B | 1.9B | 1.1B | 1.0B | 879.0M |
| Revenue Growth % | 45.1% | 80.6% | 0.7% | 18.7% | -- |
| Total Revenue | 2.8B | 1.9B | 1.1B | 1.0B | 879.0M |
| Cost Of Revenue | 2.2B | 1.2B | 584.0M | 546.0M | 431.0M |
| Gross Profit | 579.0M | 656.0M | 466.0M | 497.0M | 448.0M |
| Gross Margin % | 21.0% | 34.6% | 44.4% | 47.7% | 51.0% |
| Total Operating Cost | 2.5B | 1.5B | 794.0M | 740.0M | 606.0M |
| Selling Expenses | 10.4M | 8.0M | 5.9M | 4.3M | 4.2M |
| Admin Expenses | 145.0M | 116.0M | 99.4M | 89.6M | 76.2M |
| Rd Expenses | 62.9M | 48.5M | 33.9M | 30.3M | 28.2M |
| Finance Expenses | 72.2M | 35.0M | 31.2M | 20.2M | 28.4M |
| Operating Income | 300.0M | 456.0M | 282.0M | 307.0M | 294.0M |
| Operating Margin % | 10.9% | 24.1% | 26.9% | 29.4% | 33.4% |
| Non Operating Income | 2.9M | 3.7M | 2.6M | 2.1M | 254,400 |
| Non Operating Expenses | 10.2M | 8.8M | 9.6M | 7.6M | 2.7M |
| Investment Income | 86.2M | 63.8M | 5.4M | -3.2M | -10,800 |
| Fair Value Change Income | 900,000 | -- | -- | -- | -- |
| Asset Disposal Income | 147,900 | 862,900 | 866,700 | 84,500 | 56,900 |
| Asset Impairment Loss | 23.7M | 9.0M | -- | -- | -- |
| Other Income | 7.4M | 6.0M | 19.2M | 7.0M | 20.6M |
| Income Before Tax | 293.0M | 450.0M | 275.0M | 301.0M | 291.0M |
| Income Tax | 37.9M | 74.3M | 53.3M | 50.6M | 45.2M |
| Net Income | 255.0M | 376.0M | 222.0M | 251.0M | 246.0M |
| Net Margin % | 9.3% | 19.8% | 21.1% | 24.1% | 28.0% |
| Net Income Attributable | 257.0M | 349.0M | 222.0M | 245.0M | 238.0M |
| Minority Interest | -2.4M | 27.1M | -559,200 | 5.8M | 8.2M |
| Eps Basic | 0.43 | 0.58 | 0.37 | 0.57 | 0.76 |
| Eps Diluted | 0.43 | 0.58 | 0.37 | 0.57 | 0.76 |
| 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 | 387.0M | 231.0M | 292.0M | 290.0M | 275.0M |
| Accounts Receivable | 382.0M | 284.0M | 167.0M | 162.0M | 89.2M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 382.0M | 284.0M | 167.0M | 162.0M | 89.2M |
| Prepayments | 27.4M | 20.0M | 12.3M | 4.3M | 1.8M |
| Inventory | 859.0M | 444.0M | 123.0M | 105.0M | 98.3M |
| Total Current Assets | 2.4B | 1.6B | 818.0M | 799.0M | 661.0M |
| Long Term Equity Investment | 353.0M | 189.0M | 88.7M | 39.8M | -- |
| Fixed Assets | -- | 1.7B | 799.0M | 797.0M | 776.0M |
| Fixed Assets Total | 2.5B | 1.7B | 799.0M | 797.0M | 776.0M |
| Construction In Progress | -- | 869.0M | 804.0M | 84.1M | 54.7M |
| Construction In Progress Total | 603.0M | 869.0M | 804.0M | 84.1M | 54.7M |
| Intangible Assets | 747.0M | 573.0M | 523.0M | 441.0M | 462.0M |
| Long Term Deferred Expenses | 190,600 | 265,800 | 271,200 | -- | 51,800 |
| Total Non Current Assets | 4.3B | 3.4B | 2.2B | 1.4B | 1.3B |
| Total Assets | 6.7B | 5.0B | 3.1B | 2.2B | 2.0B |
| Short Term Borrowings | 922.0M | 581.0M | 404.0M | 196.0M | 337.0M |
| Accounts Payable | 1.2B | 800.0M | 259.0M | 118.0M | 88.1M |
| Advance Receipts | 21.2M | 18.1M | 18.1M | 35.9M | 20.6M |
| Contract Liabilities | 10.9M | 5.9M | 5.0M | 2.7M | 9.4M |
| Total Current Liabilities | 3.1B | 1.8B | 858.0M | 643.0M | 617.0M |
| Long Term Borrowings | 1.3B | 1.0B | 549.0M | 124.0M | 167.0M |
| Total Non Current Liabilities | 1.4B | 1.1B | 615.0M | 203.0M | 243.0M |
| Total Liabilities | 4.5B | 2.9B | 1.5B | 846.0M | 860.0M |
| Paid In Capital | 605.0M | 605.0M | 435.0M | 312.0M | 240.0M |
| Capital Reserve | 66.4M | 65.4M | 84.8M | 99.8M | 161.0M |
| Surplus Reserve | 147.0M | 110.0M | 82.9M | 68.3M | 55.8M |
| Retained Earnings | 945.0M | 965.0M | 884.0M | 874.0M | 713.0M |
| Minority Equity | 555.0M | 482.0M | 233.0M | 62.2M | 22.7M |
| Equity Attributable | 1.6B | 1.6B | 1.4B | 1.3B | 1.1B |
| Total Equity | 2.2B | 2.1B | 1.6B | 1.3B | 1.1B |
| 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 | 2.2B | 1.5B | 1.1B | 1.0B | 849.0M |
| Tax Refunds Received | 103.0M | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.3B | 1.5B | 1.1B | 1.0B | 885.0M |
| Cash Paid For Goods | 1.2B | 1.0B | 457.0M | 392.0M | 299.0M |
| Cash Paid To Employees | 244.0M | 162.0M | 121.0M | 101.0M | 79.4M |
| Taxes Paid | 218.0M | 217.0M | 177.0M | 168.0M | 133.0M |
| Total Operating Cash Outflow | 1.8B | 1.5B | 805.0M | 703.0M | 543.0M |
| Operating Cash Flow | 548.0M | 7.9M | 315.0M | 343.0M | 342.0M |
| Total Investing Cash Inflow | 4.7M | 9.5M | 21.7M | 5.8M | 21.1M |
| Total Investing Cash Outflow | 1.0B | 1.0B | 844.0M | 207.0M | 160.0M |
| Investing Cash Flow | -1.0B | -1.0B | -823.0M | -201.0M | -139.0M |
| Cash From Borrowings | 1.8B | 1.4B | 903.0M | 313.0M | 506.0M |
| Dividends And Interest Paid | 332.0M | 131.0M | 108.0M | 93.6M | 95.3M |
| Debt Repayments | 943.0M | 486.0M | 402.0M | 377.0M | 454.0M |
| Total Financing Cash Inflow | 1.9B | 1.6B | 1.1B | 375.0M | 530.0M |
| Total Financing Cash Outflow | 1.3B | 658.0M | 607.0M | 501.0M | 668.0M |
| Financing Cash Flow | 547.0M | 950.0M | 505.0M | -126.0M | -138.0M |
| Net Change In Cash | 87.8M | -73.3M | -1.0M | 18.2M | 62.3M |
| Ending Cash Balance | 291.0M | 203.0M | 277.0M | 278.0M | 259.0M |
| Capex | 933.0M | 1.0B | 801.0M | 164.0M | 160.0M |