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 | 7.2B | 6.0B | 6.0B | 5.5B | 2.6B |
| Revenue Growth % | 19.1% | -0.3% | 10.6% | 112.9% | -- |
| Total Revenue | 7.2B | 6.0B | 6.0B | 5.5B | 2.6B |
| Cost Of Revenue | 6.6B | 5.6B | 5.7B | 5.0B | 2.3B |
| Gross Profit | 577.0M | 403.0M | 378.0M | 415.0M | 225.0M |
| Gross Margin % | 8.0% | 6.7% | 6.3% | 7.6% | 8.8% |
| Total Operating Cost | 6.8B | 5.8B | 5.8B | 5.2B | 2.4B |
| Selling Expenses | 10.2M | 11.5M | 10.9M | 7.9M | 6.3M |
| Admin Expenses | 40.9M | 37.1M | 31.0M | 28.7M | 16.9M |
| Rd Expenses | 179.0M | 158.0M | 112.0M | 109.0M | 78.1M |
| Finance Expenses | -47.7M | -47.7M | -68.5M | -11.6M | -3.2M |
| Operating Income | 424.0M | 240.0M | 272.0M | 273.0M | 128.0M |
| Operating Margin % | 5.9% | 4.0% | 4.5% | 5.0% | 5.0% |
| Non Operating Income | 29,600 | 151,200 | 6.3M | 756,900 | 1.0M |
| Non Operating Expenses | 1.7M | 1.4M | 3.00 | 88,100 | 20,000 |
| Investment Income | -12.4M | -6.4M | -8.9M | 897,600 | 517,500 |
| Fair Value Change Income | -- | -- | -2.3M | 5.2M | -- |
| Asset Disposal Income | -- | 10,300 | -69,300 | -- | -- |
| Asset Impairment Loss | 1.5M | 58,100 | 3.0M | 2.2M | 1.3M |
| Other Income | 65.0M | 9.3M | 8.8M | 3.4M | 6.2M |
| Income Before Tax | 422.0M | 239.0M | 278.0M | 274.0M | 129.0M |
| Income Tax | 56.5M | 21.9M | 37.6M | 33.5M | 13.4M |
| Net Income | 366.0M | 217.0M | 240.0M | 240.0M | 116.0M |
| Net Margin % | 5.1% | 3.6% | 4.0% | 4.4% | 4.5% |
| Net Income Attributable | 300.0M | 197.0M | 242.0M | 240.0M | 116.0M |
| Minority Interest | 65.2M | 20.3M | -1.8M | -215,600 | -98,500 |
| Eps Basic | 0.95 | 0.62 | 0.77 | 0.76 | 0.42 |
| Eps Diluted | 0.86 | 0.62 | 0.77 | 0.76 | 0.42 |
| 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 | 2.8B | 2.1B | 1.8B | 1.5B | 1.0B |
| Trading Financial Assets | -- | -- | -- | 5.2M | -- |
| Accounts Receivable | 142.0M | 75.5M | 171.0M | 147.0M | 108.0M |
| Notes Receivable | -- | -- | -- | -- | 62.1M |
| Notes And Accounts Receivable | 142.0M | 75.5M | 171.0M | 147.0M | 170.0M |
| Prepayments | 128.0M | 187.0M | 178.0M | 228.0M | 174.0M |
| Inventory | 576.0M | 248.0M | 361.0M | 439.0M | 300.0M |
| Total Current Assets | 4.3B | 3.3B | 2.9B | 2.6B | 1.7B |
| Fixed Assets | -- | 937.0M | 613.0M | 545.0M | 500.0M |
| Fixed Assets Total | 1.0B | 937.0M | 613.0M | 545.0M | 500.0M |
| Construction In Progress | -- | 267.0M | 372.0M | 230.0M | 46.3M |
| Construction In Progress Total | 628.0M | 267.0M | 372.0M | 230.0M | 46.3M |
| Intangible Assets | 201.0M | 205.0M | 97.6M | 47.4M | 27.3M |
| Total Non Current Assets | 1.8B | 1.4B | 1.1B | 829.0M | 577.0M |
| Total Assets | 6.1B | 4.7B | 4.0B | 3.4B | 2.3B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 131.0M | 106.0M | 41.5M | 60.1M | 39.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 78.5M | 85.9M | 75.5M | 143.0M | 45.5M |
| Total Current Liabilities | 2.9B | 2.5B | 1.8B | 1.8B | 911.0M |
| Long Term Borrowings | 395.0M | 20.0M | 171.0M | -- | -- |
| Total Non Current Liabilities | 974.0M | 242.0M | 372.0M | 27.9M | 19.4M |
| Total Liabilities | 3.9B | 2.8B | 2.2B | 1.9B | 930.0M |
| Paid In Capital | 316.0M | 316.0M | 316.0M | 316.0M | 316.0M |
| Capital Reserve | 503.0M | 503.0M | 502.0M | 503.0M | 503.0M |
| Surplus Reserve | 123.0M | 101.0M | 84.0M | 63.6M | 40.2M |
| Retained Earnings | 953.0M | 764.0M | 651.0M | 494.0M | 308.0M |
| Minority Equity | 280.0M | 215.0M | 194.0M | 196.0M | 196.0M |
| Equity Attributable | 1.9B | 1.7B | 1.6B | 1.4B | 1.2B |
| Total Equity | 2.2B | 1.9B | 1.8B | 1.6B | 1.4B |
| 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 | 6.0B | 4.7B | 5.0B | 3.7B | 1.6B |
| Tax Refunds Received | 15.9M | 22.2M | 41.4M | 5.5M | 6.7M |
| Total Operating Cash Inflow | 6.5B | 5.6B | 5.6B | 4.1B | 1.8B |
| Cash Paid For Goods | 5.4B | 4.0B | 4.5B | 2.8B | 1.2B |
| Cash Paid To Employees | 68.7M | 61.0M | 55.6M | 44.5M | 25.9M |
| Taxes Paid | 72.6M | 43.4M | 62.5M | 69.8M | 32.6M |
| Total Operating Cash Outflow | 6.4B | 5.1B | 5.3B | 3.8B | 1.7B |
| Operating Cash Flow | 38.7M | 520.0M | 356.0M | 267.0M | 138.0M |
| Total Investing Cash Inflow | 1.3M | 65.7M | 372.0M | 139.0M | 70.5M |
| Total Investing Cash Outflow | 442.0M | 302.0M | 709.0M | 510.0M | 161.0M |
| Investing Cash Flow | -440.0M | -236.0M | -338.0M | -371.0M | -90.7M |
| Cash From Borrowings | 719.0M | 57.8M | 441.0M | 17.7M | 96.8M |
| Dividends And Interest Paid | 99.4M | 71.2M | 66.6M | 31.6M | 17.2M |
| Debt Repayments | 10.1M | 208.0M | 73.0M | 17.7M | 192.0M |
| Total Financing Cash Inflow | 719.0M | 57.8M | 441.0M | 17.7M | 817.0M |
| Total Financing Cash Outflow | 111.0M | 280.0M | 142.0M | 50.3M | 226.0M |
| Financing Cash Flow | 608.0M | -222.0M | 299.0M | -32.7M | 591.0M |
| Net Change In Cash | 212.0M | 64.7M | 347.0M | -143.0M | 641.0M |
| Ending Cash Balance | 1.2B | 951.0M | 886.0M | 539.0M | 682.0M |
| Capex | 435.0M | 299.0M | 465.0M | 181.0M | 91.2M |