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 | 9.3B | 7.6B | 7.1B | 6.8B | 3.8B |
| Revenue Growth % | 22.9% | 6.4% | 5.1% | 76.7% | -- |
| Total Revenue | 9.3B | 7.6B | 7.1B | 6.8B | 3.8B |
| Cost Of Revenue | 9.1B | 7.3B | 6.8B | 6.5B | 3.7B |
| Gross Profit | 261.0M | 279.0M | 284.0M | 306.0M | 169.0M |
| Gross Margin % | 2.8% | 3.7% | 4.0% | 4.5% | 4.4% |
| Total Operating Cost | 9.3B | 7.5B | 7.0B | 6.6B | 3.8B |
| Selling Expenses | 24.1M | 22.3M | 18.4M | 13.9M | 10.7M |
| Admin Expenses | 44.6M | 34.7M | 32.2M | 28.9M | 22.2M |
| Rd Expenses | 80.1M | 74.6M | 67.6M | 57.2M | 37.1M |
| Finance Expenses | 28.4M | 18.2M | 7.4M | 22.5M | 10.3M |
| Operating Income | 142.0M | 133.0M | 165.0M | 167.0M | 74.1M |
| Operating Margin % | 1.5% | 1.8% | 2.3% | 2.5% | 1.9% |
| Non Operating Income | 1.1M | 115,100 | 40,500 | 200.00 | 585,600 |
| Non Operating Expenses | 1.3M | 325,600 | 519,800 | 569,300 | 885,600 |
| Investment Income | 72,300 | 2.1M | 3.6M | 238,200 | -438,800 |
| Fair Value Change Income | 18.9M | 1.3M | 50,000 | -- | -- |
| Asset Disposal Income | -46,900 | 2,500 | 40,100 | -42,400 | -3,000 |
| Asset Impairment Loss | 4.3M | 7.3M | 323,700 | -- | 2.8M |
| Other Income | 88.5M | 25.0M | 13.5M | 9.8M | 5.2M |
| Income Before Tax | 142.0M | 133.0M | 164.0M | 167.0M | 73.8M |
| Income Tax | 17.5M | 21.6M | 27.3M | 29.5M | 11.5M |
| Net Income | 124.0M | 111.0M | 137.0M | 137.0M | 62.4M |
| Net Margin % | 1.3% | 1.5% | 1.9% | 2.0% | 1.6% |
| Net Income Attributable | 127.0M | 115.0M | 140.0M | 138.0M | 62.7M |
| Minority Interest | -3.1M | -3.9M | -3.2M | -533,900 | -324,600 |
| Eps Basic | 0.40 | 0.43 | 0.58 | 0.56 | 0.26 |
| Eps Diluted | 0.40 | 0.43 | 0.58 | 0.56 | 0.26 |
| 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 | 183.0M | 386.0M | 217.0M | 189.0M | 113.0M |
| Trading Financial Assets | -- | -- | -- | -- | -- |
| Accounts Receivable | 954.0M | 647.0M | 619.0M | 643.0M | 357.0M |
| Notes Receivable | 53.4M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 1.0B | 647.0M | 619.0M | 643.0M | 357.0M |
| Prepayments | 114.0M | 8.2M | 12.8M | 6.8M | 35.7M |
| Inventory | 1.1B | 593.0M | 520.0M | 527.0M | 412.0M |
| Total Current Assets | 2.7B | 1.8B | 1.5B | 1.5B | 1.1B |
| Long Term Equity Investment | 25.3M | 22.6M | 15.5M | 13.4M | 10.7M |
| Fixed Assets | -- | 385.0M | 377.0M | 295.0M | 275.0M |
| Fixed Assets Total | 983.0M | 385.0M | 377.0M | 295.0M | 275.0M |
| Construction In Progress | -- | 642.0M | 49.7M | 34.6M | 14.8M |
| Construction In Progress Total | 184.0M | 642.0M | 49.7M | 34.6M | 14.8M |
| Intangible Assets | 74.3M | 76.2M | 78.0M | 39.2M | 40.3M |
| Long Term Deferred Expenses | 969,700 | 1.5M | 153,000 | 274,500 | 261,000 |
| Total Non Current Assets | 1.4B | 1.2B | 708.0M | 424.0M | 359.0M |
| Total Assets | 4.1B | 3.1B | 2.2B | 1.9B | 1.4B |
| Short Term Borrowings | 1.1B | 500.0M | 386.0M | 581.0M | 355.0M |
| Accounts Payable | 269.0M | 176.0M | 165.0M | 128.0M | 56.7M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 9.6M | 9.2M | 11.2M | 13.2M | 6.3M |
| Total Current Liabilities | 1.8B | 797.0M | 806.0M | 810.0M | 440.0M |
| Long Term Borrowings | 106.0M | 128.0M | 84.4M | 2.0M | -- |
| Total Non Current Liabilities | 281.0M | 306.0M | 179.0M | 43.4M | 19.6M |
| Total Liabilities | 2.0B | 1.1B | 985.0M | 854.0M | 460.0M |
| Paid In Capital | 317.0M | 317.0M | 244.0M | 244.0M | 244.0M |
| Capital Reserve | 943.0M | 942.0M | 298.0M | 298.0M | 298.0M |
| Surplus Reserve | 74.5M | 65.1M | 58.8M | 53.6M | 47.3M |
| Retained Earnings | 636.0M | 566.0M | 520.0M | 434.0M | 332.0M |
| Minority Equity | 40.9M | 27.2M | 31.0M | 11.3M | 4.5M |
| Equity Attributable | 2.0B | 1.9B | 1.2B | 1.1B | 948.0M |
| Total Equity | 2.1B | 2.0B | 1.2B | 1.1B | 953.0M |
| 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 | 9.7B | 8.2B | 7.7B | 7.1B | 3.9B |
| Tax Refunds Received | 62.3M | 77.0M | 139.0M | 50.8M | 1.6M |
| Total Operating Cash Inflow | 9.8B | 8.3B | 7.9B | 7.2B | 4.0B |
| Cash Paid For Goods | 10.0B | 8.3B | 7.2B | 7.0B | 4.0B |
| Cash Paid To Employees | 152.0M | 123.0M | 107.0M | 86.6M | 58.1M |
| Taxes Paid | 174.0M | 66.7M | 76.8M | 50.3M | 56.3M |
| Total Operating Cash Outflow | 10.4B | 8.6B | 7.5B | 7.2B | 4.2B |
| Operating Cash Flow | -628.0M | -351.0M | 444.0M | -17.9M | -219.0M |
| Total Investing Cash Inflow | 1.2M | 2.0M | 6.4M | 2.9M | 2.2M |
| Total Investing Cash Outflow | 149.0M | 334.0M | 298.0M | 93.0M | 94.5M |
| Investing Cash Flow | -148.0M | -332.0M | -292.0M | -90.1M | -92.4M |
| Cash From Borrowings | 1.3B | 990.0M | 705.0M | 612.0M | 460.0M |
| Dividends And Interest Paid | 81.4M | 85.6M | 72.2M | 47.9M | 48.0M |
| Debt Repayments | 714.0M | 816.0M | 817.0M | 385.0M | 275.0M |
| Total Financing Cash Inflow | 1.4B | 1.8B | 764.0M | 619.0M | 460.0M |
| Total Financing Cash Outflow | 798.0M | 906.0M | 892.0M | 434.0M | 323.0M |
| Financing Cash Flow | 558.0M | 850.0M | -128.0M | 186.0M | 137.0M |
| Net Change In Cash | -214.0M | 168.0M | 28.1M | 75.6M | -175.0M |
| Ending Cash Balance | 170.0M | 384.0M | 217.0M | 189.0M | 113.0M |
| Capex | 149.0M | 331.0M | 297.0M | 83.0M | 83.0M |