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 | 2.5B | 2.4B | 2.5B | 2.3B | 1.7B |
| Revenue Growth % | 3.8% | -0.8% | 6.8% | 31.3% | -- |
| Total Revenue | 2.5B | 2.4B | 2.5B | 2.3B | 1.7B |
| Cost Of Revenue | 1.8B | 2.0B | 2.1B | 2.0B | 1.4B |
| Gross Profit | 695.0M | 465.0M | 387.0M | 330.0M | 299.0M |
| Gross Margin % | 27.5% | 19.1% | 15.8% | 14.4% | 17.1% |
| Total Operating Cost | 2.1B | 2.2B | 2.3B | 2.1B | 1.6B |
| Selling Expenses | 13.8M | 12.7M | 21.9M | 13.5M | 10.9M |
| Admin Expenses | 126.0M | 68.3M | 110.0M | 60.1M | 56.3M |
| Rd Expenses | 70.9M | 79.3M | 66.9M | 69.8M | 48.3M |
| Finance Expenses | 7.9M | 3.1M | 7.3M | 3.0M | 6.4M |
| Operating Income | 437.0M | 301.0M | 155.0M | 177.0M | 172.0M |
| Operating Margin % | 17.3% | 12.4% | 6.3% | 7.7% | 9.8% |
| Non Operating Income | 930,600 | 1.4M | 1.0M | 1.1M | 1.1M |
| Non Operating Expenses | 1.5M | 2.6M | 440,800 | 5.5M | 506,800 |
| Investment Income | 9.4M | 29.9M | 3.3M | 4.9M | 1.5M |
| Fair Value Change Income | 67,500 | -- | -1.8M | 1.9M | -41,600 |
| Asset Disposal Income | -154,000 | -112,900 | -247,900 | -51,900 | -1.4M |
| Asset Impairment Loss | 2.8M | -1.6M | 2.5M | 414,600 | 386,600 |
| Other Income | 9.6M | 22.7M | 2.1M | 9.6M | 4.6M |
| Income Before Tax | 437.0M | 300.0M | 155.0M | 173.0M | 173.0M |
| Income Tax | 61.1M | 41.5M | 23.3M | 22.3M | 25.6M |
| Net Income | 376.0M | 258.0M | 132.0M | 151.0M | 147.0M |
| Net Margin % | 14.9% | 10.6% | 5.4% | 6.6% | 8.4% |
| Net Income Attributable | 246.0M | 217.0M | 144.0M | 151.0M | 147.0M |
| Minority Interest | 129.0M | 41.0M | -12.5M | -- | -- |
| Eps Basic | 1.42 | 1.23 | 0.86 | 0.94 | 1.17 |
| Eps Diluted | 1.42 | 1.23 | 0.86 | 0.94 | 1.17 |
| 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 | 574.0M | 727.0M | 738.0M | 283.0M | 127.0M |
| Trading Financial Assets | 30.1M | -- | 10.0M | 202.0M | -- |
| Accounts Receivable | 1.2B | 1.0B | 713.0M | 596.0M | 354.0M |
| Notes Receivable | 771,700 | 702,700 | 2.4M | 526,700 | -- |
| Notes And Accounts Receivable | 1.2B | 1.0B | 716.0M | 597.0M | 354.0M |
| Prepayments | 325.0M | 247.0M | 144.0M | 60.6M | 35.2M |
| Inventory | 296.0M | 523.0M | 229.0M | 268.0M | 201.0M |
| Total Current Assets | 2.8B | 2.8B | 2.1B | 1.5B | 772.0M |
| Long Term Equity Investment | -- | -- | 36.8M | -- | -- |
| Fixed Assets | -- | 367.0M | 306.0M | 297.0M | 228.0M |
| Fixed Assets Total | 789.0M | 367.0M | 306.0M | 297.0M | 228.0M |
| Construction In Progress | -- | 60.0M | 55.1M | 10.2M | 30.3M |
| Construction In Progress Total | 466.0M | 60.0M | 55.1M | 10.2M | 30.3M |
| Intangible Assets | 208.0M | 134.0M | 112.0M | 86.0M | 88.6M |
| Long Term Deferred Expenses | 6.6M | 5.8M | 458,800 | -- | -- |
| Total Non Current Assets | 1.8B | 895.0M | 837.0M | 534.0M | 370.0M |
| Total Assets | 4.6B | 3.7B | 2.9B | 2.0B | 1.1B |
| Short Term Borrowings | 281.0M | 68.6M | 122.0M | 202.0M | 114.0M |
| Accounts Payable | 974.0M | 570.0M | 260.0M | 251.0M | 211.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 211.0M | 272.0M | 3.7M | 6.6M | 7.7M |
| Total Current Liabilities | 1.9B | 1.6B | 924.0M | 521.0M | 384.0M |
| Long Term Borrowings | 18.0M | 24.0M | 138.0M | -- | -- |
| Total Non Current Liabilities | 286.0M | 62.2M | 145.0M | 3.9M | 4.4M |
| Total Liabilities | 2.2B | 1.6B | 1.1B | 525.0M | 388.0M |
| Paid In Capital | 168.0M | 176.0M | 178.0M | 168.0M | 126.0M |
| Capital Reserve | 753.0M | 883.0M | 930.0M | 752.0M | 201.0M |
| Surplus Reserve | 46.7M | 28.5M | 20.7M | 15.7M | 11.1M |
| Retained Earnings | 989.0M | 844.0M | 658.0M | 539.0M | 415.0M |
| Minority Equity | 376.0M | 247.0M | 229.0M | -- | -- |
| Equity Attributable | 2.0B | 1.8B | 1.6B | 1.5B | 753.0M |
| Total Equity | 2.4B | 2.1B | 1.8B | 1.5B | 753.0M |
| 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 | 3.3B | 3.1B | 2.7B | 2.4B | 1.9B |
| Tax Refunds Received | 4.5M | 3.6M | 8.8M | -- | -- |
| Total Operating Cash Inflow | 3.3B | 3.1B | 2.9B | 2.4B | 1.9B |
| Cash Paid For Goods | 2.4B | 2.5B | 2.2B | 2.3B | 1.5B |
| Cash Paid To Employees | 225.0M | 201.0M | 187.0M | 167.0M | 124.0M |
| Taxes Paid | 198.0M | 155.0M | 95.5M | 59.9M | 78.8M |
| Total Operating Cash Outflow | 2.9B | 2.8B | 2.8B | 2.5B | 1.8B |
| Operating Cash Flow | 377.0M | 252.0M | 167.0M | -135.0M | 128.0M |
| Total Investing Cash Inflow | 2.0B | 735.0M | 1.8B | 1.4B | 1.4B |
| Total Investing Cash Outflow | 2.4B | 840.0M | 1.8B | 1.7B | 1.4B |
| Investing Cash Flow | -468.0M | -105.0M | 67.0M | -360.0M | -2.2M |
| Cash From Borrowings | 281.0M | 269.0M | 625.0M | 387.0M | 207.0M |
| Dividends And Interest Paid | 90.0M | 45.9M | 32.5M | 27.6M | 6.7M |
| Debt Repayments | 175.0M | 355.0M | 566.0M | 298.0M | 292.0M |
| Total Financing Cash Inflow | 349.0M | 269.0M | 805.0M | 990.0M | 207.0M |
| Total Financing Cash Outflow | 427.0M | 470.0M | 617.0M | 340.0M | 299.0M |
| Financing Cash Flow | -78.1M | -200.0M | 188.0M | 650.0M | -91.6M |
| Net Change In Cash | -169.0M | -53.6M | 422.0M | 156.0M | 33.7M |
| Ending Cash Balance | 482.0M | 651.0M | 705.0M | 283.0M | 127.0M |
| Capex | 508.0M | 174.0M | 67.6M | 65.7M | 45.9M |