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 | 3.5B | 3.2B | 1.7B | 1.5B | 1.0B |
| Revenue Growth % | 10.8% | 89.0% | 14.4% | 47.3% | -- |
| Total Revenue | 3.5B | 3.2B | 1.7B | 1.5B | 1.0B |
| Cost Of Revenue | 3.0B | 2.7B | 1.4B | 1.2B | 773.0M |
| Gross Profit | 528.0M | 517.0M | 335.0M | 316.0M | 228.0M |
| Gross Margin % | 15.0% | 16.2% | 19.9% | 21.4% | 22.8% |
| Total Operating Cost | 3.4B | 3.0B | 1.5B | 1.3B | 853.0M |
| Selling Expenses | 75.3M | 66.9M | 53.1M | 44.6M | 33.0M |
| Admin Expenses | 116.0M | 110.0M | 55.9M | 26.6M | 14.6M |
| Rd Expenses | 125.0M | 124.0M | 49.8M | 41.3M | 19.1M |
| Finance Expenses | 32.3M | 27.8M | -3.3M | 494,100 | 4.3M |
| Operating Income | 173.0M | 172.0M | 182.0M | 213.0M | 155.0M |
| Operating Margin % | 4.9% | 5.4% | 10.8% | 14.5% | 15.5% |
| Non Operating Income | 660,100 | 557,500 | 13,700 | 94,700 | 73,200 |
| Non Operating Expenses | 1.3M | 2.9M | 690,100 | 2.0M | 141,800 |
| Investment Income | 5.0M | 6.3M | 4.0M | 7.1M | -131,600 |
| Fair Value Change Income | 600,000 | -- | -- | -- | -- |
| Asset Disposal Income | -168,400 | 393,300 | 17,000 | 3.4M | 57,700 |
| Asset Impairment Loss | 8.2M | 10.8M | 9.2M | 1.6M | 1.1M |
| Other Income | 19.2M | 7.9M | 4.8M | 12.2M | 7.4M |
| Income Before Tax | 173.0M | 169.0M | 181.0M | 212.0M | 155.0M |
| Income Tax | 19.6M | 24.8M | 37.8M | 43.1M | 35.9M |
| Net Income | 153.0M | 144.0M | 143.0M | 168.0M | 119.0M |
| Net Margin % | 4.3% | 4.5% | 8.5% | 11.4% | 11.9% |
| Net Income Attributable | 153.0M | 144.0M | 143.0M | 168.0M | 119.0M |
| Minority Interest | -- | -16.00 | -3,300 | -- | -- |
| Eps Basic | 0.48 | 0.46 | 0.55 | 0.90 | 1.19 |
| Eps Diluted | 0.48 | 0.45 | 0.55 | 0.90 | 1.19 |
| 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 | 241.0M | 167.0M | 130.0M | 182.0M | 590.0M |
| Trading Financial Assets | -- | -- | -- | 255.0M | -- |
| Accounts Receivable | 1.1B | 922.0M | 869.0M | 418.0M | 313.0M |
| Notes Receivable | 43.7M | 98.2M | 43.8M | 677,400 | -- |
| Notes And Accounts Receivable | 1.1B | 1.0B | 913.0M | 419.0M | 313.0M |
| Prepayments | 7.6M | 10.1M | 6.9M | 994,400 | 1.4M |
| Inventory | 532.0M | 405.0M | 378.0M | 168.0M | 114.0M |
| Total Current Assets | 2.0B | 1.7B | 1.5B | 1.0B | 1.1B |
| Long Term Equity Investment | 102.0M | 111.0M | 92.7M | -- | -- |
| Fixed Assets | -- | 729.0M | 312.0M | 59.6M | 54.6M |
| Fixed Assets Total | 778.0M | 729.0M | 312.0M | 59.6M | 54.6M |
| Construction In Progress | -- | 74.1M | 345.0M | 218.0M | 46.6M |
| Construction In Progress Total | 62.9M | 74.1M | 345.0M | 218.0M | 46.6M |
| Intangible Assets | 130.0M | 137.0M | 135.0M | 55.7M | 55.8M |
| Long Term Deferred Expenses | 3.5M | 5.2M | 8.7M | -- | -- |
| Total Non Current Assets | 1.4B | 1.4B | 1.2B | 343.0M | 165.0M |
| Total Assets | 3.4B | 3.1B | 2.7B | 1.4B | 1.2B |
| Short Term Borrowings | 641.0M | 443.0M | 483.0M | -- | 40.0M |
| Accounts Payable | 366.0M | 315.0M | 333.0M | 77.0M | 58.2M |
| Advance Receipts | -- | -- | -- | -- | 2.1M |
| Contract Liabilities | 4.0M | 3.8M | 3.1M | 3.6M | 3.4M |
| Total Current Liabilities | 1.6B | 1.2B | 1.1B | 230.0M | 217.0M |
| Long Term Borrowings | 172.0M | 324.0M | 255.0M | -- | -- |
| Total Non Current Liabilities | 394.0M | 532.0M | 476.0M | 1.9M | 2.3M |
| Total Liabilities | 2.0B | 1.7B | 1.5B | 232.0M | 220.0M |
| Paid In Capital | 324.0M | 264.0M | 190.0M | 136.0M | 133.0M |
| Capital Reserve | 624.0M | 619.0M | 643.0M | 681.0M | 640.0M |
| Surplus Reserve | 73.3M | 64.7M | 56.8M | 43.1M | 26.2M |
| Retained Earnings | 510.0M | 419.0M | 321.0M | 328.0M | 216.0M |
| Minority Equity | -- | 600.00 | 19,600 | -- | -- |
| Equity Attributable | 1.5B | 1.3B | 1.2B | 1.2B | 1.0B |
| Total Equity | 1.5B | 1.3B | 1.2B | 1.2B | 1.0B |
| 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 | 2.7B | 1.5B | 928.0M | 628.0M |
| Tax Refunds Received | 51.4M | 20.9M | 13.6M | 16.7M | -- |
| Total Operating Cash Inflow | 3.0B | 2.8B | 1.5B | 973.0M | 653.0M |
| Cash Paid For Goods | 2.4B | 2.1B | 922.0M | 710.0M | 432.0M |
| Cash Paid To Employees | 287.0M | 242.0M | 107.0M | 81.5M | 61.3M |
| Taxes Paid | 91.1M | 90.4M | 67.1M | 57.2M | 55.9M |
| Total Operating Cash Outflow | 3.0B | 2.6B | 1.2B | 892.0M | 603.0M |
| Operating Cash Flow | 61.1M | 212.0M | 362.0M | 80.9M | 51.0M |
| Total Investing Cash Inflow | 20.6M | 1.3M | 449.0M | 895.0M | 2.3M |
| Total Investing Cash Outflow | 69.9M | 152.0M | 889.0M | 1.3B | 52.4M |
| Investing Cash Flow | -49.3M | -151.0M | -440.0M | -423.0M | -50.1M |
| Cash From Borrowings | 636.0M | 1.2B | 628.0M | -- | 49.4M |
| Dividends And Interest Paid | 77.5M | 64.5M | 274.0M | 40.2M | 1.5M |
| Debt Repayments | 513.0M | 1.1B | 332.0M | 40.0M | 70.2M |
| Total Financing Cash Inflow | 682.0M | 1.2B | 628.0M | 32.2M | 588.0M |
| Total Financing Cash Outflow | 624.0M | 1.2B | 612.0M | 93.1M | 74.2M |
| Financing Cash Flow | 57.5M | -46.4M | 16.3M | -60.9M | 513.0M |
| Net Change In Cash | 67.0M | 21.6M | -52.3M | -404.0M | 513.0M |
| Ending Cash Balance | 216.0M | 149.0M | 127.0M | 179.0M | 584.0M |
| Capex | 58.9M | 143.0M | 193.0M | 179.0M | 52.4M |