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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.2B | 1.2B | 1.9B | 1.7B | 746.0M | 690.0M | 671.0M | 475.0M | 332.0M |
| Revenue Growth % | -0.4% | -40.2% | 14.7% | 127.5% | 8.1% | 2.8% | 41.3% | 43.1% | -- |
| Total Revenue | 1.2B | 1.2B | 1.9B | 1.7B | 746.0M | 690.0M | 671.0M | 475.0M | 332.0M |
| Cost Of Revenue | 988.0M | 988.0M | 1.1B | 975.0M | 546.0M | 479.0M | 434.0M | 335.0M | 244.0M |
| Gross Profit | 172.0M | 177.0M | 825.0M | 722.0M | 200.0M | 211.0M | 237.0M | 140.0M | 88.0M |
| Gross Margin % | 14.8% | 15.2% | 42.4% | 42.5% | 26.8% | 30.6% | 35.3% | 29.5% | 26.5% |
| Total Operating Cost | 1.1B | 1.1B | 1.2B | 1.1B | 612.0M | 569.0M | 511.0M | 447.0M | 297.0M |
| Selling Expenses | 30.0M | 26.6M | 25.8M | 20.4M | 14.7M | 32.7M | 30.3M | 26.1M | 20.2M |
| Admin Expenses | 72.6M | 64.1M | 40.0M | 32.6M | 23.6M | 20.7M | 19.6M | 63.4M | 14.9M |
| Rd Expenses | 49.3M | 54.8M | 76.4M | 55.1M | 28.2M | 26.7M | 20.1M | 12.0M | 8.5M |
| Finance Expenses | -19.9M | -35.8M | -49.6M | -21.0M | -7.3M | 840,900 | -363,700 | 5.3M | 4.8M |
| Operating Income | 45.2M | 96.0M | 730.0M | 619.0M | 141.0M | 133.0M | 162.0M | 31.9M | 34.2M |
| Operating Margin % | 3.9% | 8.2% | 37.5% | 36.5% | 18.9% | 19.3% | 24.1% | 6.7% | 10.3% |
| Non Operating Income | 16.4M | 19.9M | 1.4M | 6.1M | 8.2M | 4.3M | 210,000 | 74,800 | 4.3M |
| Non Operating Expenses | 3.8M | 5.3M | 3.4M | 871,500 | 1.9M | 749,900 | 5.1M | 4.4M | 1.5M |
| Investment Income | 1.5M | 824,000 | -3.9M | -- | 844,800 | 118,300 | 187,500 | 234,200 | 14,200 |
| Fair Value Change Income | 1.8M | -905,300 | -671,700 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -6,800 | 53,100 | 13,900 | 9,800 | 21,100 | -- | 10,400 | -- | -- |
| Asset Impairment Loss | 16.9M | 5.2M | 3.6M | 1.7M | 1.4M | 1.6M | 1.5M | 1.0M | 2.1M |
| Other Income | 26.8M | 41.4M | 17.3M | 3.2M | 6.4M | 12.3M | 2.1M | 4.0M | -- |
| Income Before Tax | 57.8M | 111.0M | 728.0M | 624.0M | 147.0M | 137.0M | 157.0M | 27.6M | 37.0M |
| Income Tax | 16.8M | 9.5M | 89.1M | 87.5M | 19.9M | 17.9M | 22.5M | 10.8M | 5.5M |
| Net Income | 41.0M | 101.0M | 639.0M | 537.0M | 128.0M | 119.0M | 134.0M | 16.8M | 31.5M |
| Net Margin % | 3.5% | 8.7% | 32.8% | 31.6% | 17.2% | 17.2% | 20.0% | 3.5% | 9.5% |
| Net Income Attributable | 41.4M | 101.0M | 639.0M | 537.0M | 128.0M | 119.0M | 134.0M | 16.8M | 31.5M |
| Minority Interest | -379,600 | -202,800 | -9,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | 0.13 | 0.32 | 2.05 | 2.24 | 0.81 | 0.86 | 1.00 | 0.13 | -- |
| Eps Diluted | 0.13 | 0.32 | 2.05 | 2.24 | 0.81 | 0.86 | -- | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 467.0M | 1.2B | 1.3B | 945.0M | 708.0M | 104.0M | 105.0M | 53.2M | 12.0M |
| Trading Financial Assets | 242.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 122.0M | 119.0M | 130.0M | 193.0M | 83.2M | 86.1M | 53.5M | 53.2M | -- |
| Notes Receivable | 183.0M | 192.0M | -- | -- | -- | 54.1M | 24.8M | 10.6M | -- |
| Notes And Accounts Receivable | 305.0M | 311.0M | 130.0M | 193.0M | 83.2M | 140.0M | 78.4M | 63.8M | 74.1M |
| Prepayments | 9.6M | 6.3M | 5.1M | 4.7M | 3.4M | 4.2M | 3.9M | 797,300 | 584,800 |
| Inventory | 210.0M | 160.0M | 143.0M | 142.0M | 78.0M | 73.6M | 66.4M | 41.8M | 33.5M |
| Total Current Assets | 1.6B | 1.8B | 1.8B | 1.5B | 964.0M | 326.0M | 257.0M | 167.0M | 128.0M |
| Fixed Assets | -- | 395.0M | 364.0M | 258.0M | 187.0M | 193.0M | 146.0M | 150.0M | -- |
| Fixed Assets Total | 841.0M | 395.0M | 364.0M | 258.0M | 187.0M | 193.0M | 146.0M | 150.0M | 150.0M |
| Construction In Progress | -- | 659.0M | 80.7M | 61.9M | 67.9M | 29.0M | 42.3M | 14.2M | -- |
| Construction In Progress Total | 757.0M | 674.0M | 88.0M | 67.5M | 71.8M | 32.6M | 46.3M | 22.7M | 12.8M |
| Intangible Assets | 172.0M | 175.0M | 169.0M | 13.6M | 14.0M | 14.4M | 14.8M | 14.9M | 15.2M |
| Long Term Deferred Expenses | 5.4M | 6.6M | 5.2M | 3.2M | 3.7M | 1.3M | 279,700 | 335,600 | 391,600 |
| Total Non Current Assets | 1.8B | 1.3B | 657.0M | 356.0M | 282.0M | 248.0M | 213.0M | 193.0M | 181.0M |
| Total Assets | 3.4B | 3.2B | 2.5B | 1.9B | 1.2B | 574.0M | 470.0M | 360.0M | 309.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | 20.1M | 8.0M | 20.0M | 15.0M |
| Accounts Payable | 360.0M | 299.0M | 125.0M | 104.0M | 71.3M | 73.6M | 58.4M | 51.0M | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 4.3M | 4.2M | 2.9M | 3.1M |
| Contract Liabilities | 6.8M | 7.3M | 13.3M | 23.5M | 10.8M | -- | -- | -- | -- |
| Total Current Liabilities | 743.0M | 741.0M | 192.0M | 229.0M | 112.0M | 119.0M | 92.1M | 104.0M | 151.0M |
| Long Term Borrowings | 352.0M | 144.0M | -- | -- | -- | 8.8M | 23.3M | 44.5M | 18.0M |
| Total Non Current Liabilities | 458.0M | 227.0M | 62.6M | -- | -- | 8.8M | 23.3M | 44.5M | 18.0M |
| Total Liabilities | 1.2B | 968.0M | 255.0M | 229.0M | 112.0M | 128.0M | 115.0M | 149.0M | 169.0M |
| Paid In Capital | 313.0M | 312.0M | 240.0M | 185.0M | 184.0M | 138.0M | 138.0M | 95.0M | 43.6M |
| Capital Reserve | 482.0M | 483.0M | 552.0M | 598.0M | 584.0M | 69.6M | 69.6M | 75.1M | 1.4M |
| Surplus Reserve | 157.0M | 156.0M | 120.0M | 93.8M | 40.9M | 28.6M | 17.0M | 3.9M | 14.7M |
| Retained Earnings | 1.3B | 1.3B | 1.3B | 770.0M | 325.0M | 210.0M | 130.0M | 37.2M | 79.8M |
| Minority Equity | -427,200 | -47,500 | 155,300 | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 2.2B | 2.2B | 2.2B | 1.6B | 1.1B | 446.0M | 355.0M | 211.0M | 140.0M |
| Total Equity | 2.2B | 2.2B | 2.2B | 1.6B | 1.1B | 446.0M | 355.0M | 211.0M | 140.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 645.0M | 789.0M | 1.3B | 813.0M | 374.0M | 303.0M | 320.0M | 230.0M | 152.0M |
| Tax Refunds Received | 56.9M | 2.5M | 2.8M | 1.7M | 203,800 | -- | -- | -- | 443,200 |
| Total Operating Cash Inflow | 795.0M | 906.0M | 1.4B | 860.0M | 405.0M | 325.0M | 327.0M | 238.0M | 158.0M |
| Cash Paid For Goods | 518.0M | 446.0M | 408.0M | 256.0M | 135.0M | 74.0M | 44.1M | 34.7M | 30.7M |
| Cash Paid To Employees | 171.0M | 155.0M | 137.0M | 101.0M | 70.3M | 74.3M | 58.6M | 44.4M | 35.7M |
| Taxes Paid | 26.8M | 40.8M | 189.0M | 104.0M | 34.4M | 31.8M | 44.6M | 27.4M | 18.3M |
| Total Operating Cash Outflow | 755.0M | 706.0M | 800.0M | 516.0M | 283.0M | 242.0M | 192.0M | 140.0M | 110.0M |
| Operating Cash Flow | 40.4M | 199.0M | 608.0M | 344.0M | 122.0M | 82.6M | 134.0M | 98.0M | 47.6M |
| Total Investing Cash Inflow | 111.0M | 52.3M | 40.7M | 610,800 | 245.0M | 20.1M | 53.2M | 54.2M | 28.9M |
| Total Investing Cash Outflow | 1.1B | 295.0M | 253.0M | 70.5M | 300.0M | 82.8M | 97.4M | 88.3M | 78.7M |
| Investing Cash Flow | -996.0M | -243.0M | -212.0M | -69.9M | -55.2M | -62.7M | -44.2M | -34.1M | -49.8M |
| Cash From Borrowings | 248.0M | 146.0M | -- | -- | -- | 29.9M | 10.0M | 94.8M | 38.0M |
| Dividends And Interest Paid | 40.0M | 96.6M | 92.4M | 38.6M | 399,800 | 28.4M | 33.7M | 4.8M | 2.5M |
| Debt Repayments | 32.0M | -- | -- | -- | 29.9M | 31.3M | 51.2M | 73.5M | 33.8M |
| Total Financing Cash Inflow | 405.0M | 223.0M | 165,000 | 13.4M | 560.0M | 29.9M | 47.5M | 135.0M | 53.9M |
| Total Financing Cash Outflow | 191.0M | 248.0M | 95.2M | 41.1M | 30.3M | 59.7M | 84.9M | 157.0M | 56.0M |
| Financing Cash Flow | 214.0M | -24.5M | -95.1M | -27.7M | 530.0M | -29.8M | -37.4M | -22.1M | -2.1M |
| Net Change In Cash | -740.0M | -67.9M | 313.0M | 247.0M | 595.0M | -10.2M | 52.3M | 41.3M | -4.2M |
| Ending Cash Balance | 441.0M | 1.2B | 1.2B | 935.0M | 689.0M | 93.4M | 104.0M | 51.3M | 10.0M |
| Capex | 587.0M | 273.0M | 196.0M | 31.4M | 56.2M | 62.8M | 50.4M | 34.3M | 34.2M |