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 | 4.3B | 3.6B | 2.6B | 1.8B | 1.6B | 685.0M | 384.0M | 156.0M | 60.3M |
| Revenue Growth % | 21.3% | 34.5% | 48.7% | 14.0% | 127.9% | 78.4% | 146.2% | 158.9% | -- |
| Total Revenue | 4.3B | 3.6B | 2.6B | 1.8B | 1.6B | 685.0M | 384.0M | 156.0M | 60.3M |
| Cost Of Revenue | 2.1B | 1.8B | 1.4B | 742.0M | 581.0M | 339.0M | 153.0M | 52.0M | 19.7M |
| Gross Profit | 2.2B | 1.7B | 1.2B | 1.0B | 980.0M | 346.0M | 231.0M | 104.0M | 40.6M |
| Gross Margin % | 50.3% | 48.9% | 46.6% | 58.3% | 62.8% | 50.5% | 60.2% | 66.7% | 67.3% |
| Total Operating Cost | 4.0B | 3.3B | 2.4B | 1.4B | 989.0M | 493.0M | 266.0M | 112.0M | 61.3M |
| Selling Expenses | 218.0M | 175.0M | 152.0M | 78.4M | 46.2M | 22.8M | 13.8M | 6.8M | 3.3M |
| Admin Expenses | 384.0M | 391.0M | 232.0M | 119.0M | 63.9M | 38.2M | 20.9M | 15.3M | 16.2M |
| Rd Expenses | 861.0M | 683.0M | 536.0M | 418.0M | 228.0M | 111.0M | 65.1M | 26.8M | 17.9M |
| Finance Expenses | 46.5M | 36.2M | -8.3M | -2.7M | 9.4M | -26.6M | 821,400 | 939,500 | 1.2M |
| Operating Income | 442.0M | 411.0M | 304.0M | 450.0M | 666.0M | 215.0M | 133.0M | 64.0M | -599,300 |
| Operating Margin % | 10.2% | 11.5% | 11.5% | 25.3% | 42.7% | 31.4% | 34.6% | 41.0% | -1.0% |
| Non Operating Income | 2.1M | 2.2M | 1.7M | 3.6M | 3.9M | 8.1M | 11,500 | 76,500 | 6.4M |
| Non Operating Expenses | 16.1M | 14.4M | 1.8M | 5.4M | 2.6M | 65,200 | 1,100 | 2,800 | -- |
| Investment Income | 32.8M | 31.7M | 9.6M | 16.3M | 52.7M | 282,400 | 2.4M | 275,900 | 388,500 |
| Fair Value Change Income | 40,500 | -35,200 | 23.5M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -102,100 | -79,600 | 21,500 | 57,100 | -- | -- | 0.00 | -30,600 | 47,600 |
| Asset Impairment Loss | 137.0M | 79.4M | 78.0M | 17.8M | 29.9M | 974,100 | 8.5M | 7.7M | 1.2M |
| Other Income | 121.0M | 77.5M | 52.5M | 50.7M | 41.3M | 22.2M | 12.5M | 19.9M | -- |
| Income Before Tax | 428.0M | 399.0M | 304.0M | 448.0M | 668.0M | 223.0M | 133.0M | 64.1M | 5.8M |
| Income Tax | -14.2M | -23.0M | 17.9M | -10.7M | 83.0M | 20.6M | 8.0M | -254,800 | -3.9M |
| Net Income | 442.0M | 422.0M | 287.0M | 459.0M | 585.0M | 202.0M | 125.0M | 64.4M | 9.7M |
| Net Margin % | 10.2% | 11.9% | 10.8% | 25.8% | 37.5% | 29.5% | 32.6% | 41.3% | 16.1% |
| Net Income Attributable | 569.0M | 496.0M | 313.0M | 461.0M | 584.0M | 202.0M | 125.0M | 64.4M | 9.7M |
| Minority Interest | -127.0M | -73.6M | -26.8M | -2.2M | 400,600 | 32,300 | 3,800 | 900.00 | 28,200 |
| Eps Basic | 1.28 | 1.11 | 0.70 | 1.04 | 1.31 | 0.49 | 0.37 | 0.23 | 0.04 |
| Eps Diluted | 1.26 | 1.08 | 0.70 | 1.03 | 1.31 | 0.49 | 0.37 | 0.23 | 0.04 |
| 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 | 1.1B | 1.4B | 953.0M | 813.0M | 1.2B | 1.5B | 455.0M | 53.1M | 25.7M |
| Trading Financial Assets | -- | -- | -- | 1.5M | 36.0M | -- | -- | -- | -- |
| Accounts Receivable | 1.3B | 1.2B | 827.0M | 529.0M | 322.0M | 115.0M | 86.6M | 64.1M | 24.9M |
| Notes Receivable | 179.0M | 136.0M | 156.0M | 244.0M | 154.0M | 61.4M | 70.4M | 2.3M | 2.1M |
| Notes And Accounts Receivable | 1.5B | 1.4B | 983.0M | 773.0M | 477.0M | 176.0M | 157.0M | 66.5M | 27.0M |
| Prepayments | 182.0M | 119.0M | 117.0M | 125.0M | 50.0M | 29.1M | 21.8M | 16.0M | 14.6M |
| Inventory | 1.7B | 1.6B | 1.5B | 1.2B | 713.0M | 294.0M | 246.0M | 141.0M | 61.6M |
| Total Current Assets | 4.8B | 4.5B | 3.6B | 3.0B | 2.6B | 2.1B | 883.0M | 291.0M | 141.0M |
| Long Term Equity Investment | 184.0M | 150.0M | 129.0M | 82.1M | 23.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 1.8B | 1.3B | 777.0M | -- | 253.0M | 216.0M | -- | -- |
| Fixed Assets Total | 1.9B | 1.8B | 1.3B | 777.0M | 442.0M | 253.0M | 216.0M | 114.0M | 101.0M |
| Construction In Progress | -- | 86.3M | 112.0M | 218.0M | -- | 4.2M | 2.8M | -- | -- |
| Construction In Progress Total | 91.5M | 86.3M | 112.0M | 218.0M | 84.7M | 4.2M | 2.8M | 15.4M | -- |
| Intangible Assets | 224.0M | 227.0M | 232.0M | 181.0M | 138.0M | 72.1M | 50.4M | 46.6M | 47.4M |
| Long Term Deferred Expenses | 17.8M | 16.2M | 10.0M | 8.7M | 41.4M | 17.5M | 12.6M | 474,600 | 1.1M |
| Total Non Current Assets | 4.0B | 3.8B | 2.7B | 1.9B | 991.0M | 474.0M | 308.0M | 210.0M | 165.0M |
| Total Assets | 8.8B | 8.3B | 6.3B | 4.9B | 3.5B | 2.5B | 1.2B | 500.0M | 307.0M |
| Short Term Borrowings | 135.0M | 203.0M | 420.0M | 145.0M | 50.0M | 1.4M | -- | 50.0M | -- |
| Accounts Payable | 783.0M | 679.0M | 517.0M | 451.0M | 229.0M | 75.0M | 83.6M | -- | -- |
| Advance Receipts | -- | -- | -- | -- | -- | 15.5M | 19.1M | 22.6M | 10.1M |
| Contract Liabilities | 145.0M | 139.0M | 214.0M | 63.9M | 98.9M | -- | -- | -- | -- |
| Total Current Liabilities | 1.7B | 1.6B | 1.7B | 938.0M | 503.0M | 135.0M | 128.0M | 99.4M | 21.8M |
| Long Term Borrowings | 9.0M | -- | 88.1M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.6B | 1.6B | 290.0M | 170.0M | 112.0M | 66.7M | 56.8M | 40.1M | 29.8M |
| Total Liabilities | 3.3B | 3.2B | 2.0B | 1.1B | 615.0M | 202.0M | 185.0M | 139.0M | 51.6M |
| Paid In Capital | 455.0M | 447.0M | 446.0M | 445.0M | 445.0M | 445.0M | 385.0M | 281.0M | 273.0M |
| Capital Reserve | 2.5B | 2.1B | 1.9B | 1.7B | 1.6B | 1.6B | 487.0M | 70.8M | 37.6M |
| Surplus Reserve | 200.0M | 112.0M | 95.2M | 84.2M | 51.1M | 22.1M | 10.4M | 4.6M | 1.2M |
| Retained Earnings | 2.3B | 1.9B | 1.5B | 1.2B | 849.0M | 314.0M | 124.0M | 4.4M | -56.5M |
| Minority Equity | 126.0M | 310.0M | 377.0M | 299.0M | 988,100 | 590,200 | 57,800 | 54,100 | 227,400 |
| Equity Attributable | 5.4B | 4.8B | 4.0B | 3.5B | 2.9B | 2.3B | 1.0B | 361.0M | 255.0M |
| Total Equity | 5.5B | 5.1B | 4.3B | 3.8B | 2.9B | 2.3B | 1.0B | 361.0M | 255.0M |
| 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 | 4.2B | 3.1B | 2.6B | 1.6B | 1.3B | 632.0M | 336.0M | 156.0M | 52.8M |
| Tax Refunds Received | 116.0M | 190.0M | 146.0M | 83.1M | 76.0M | 23.5M | 20.8M | 483,800 | -- |
| Total Operating Cash Inflow | 4.4B | 3.4B | 2.9B | 1.9B | 1.5B | 729.0M | 428.0M | 189.0M | 60.8M |
| Cash Paid For Goods | 2.3B | 1.8B | 1.6B | 1.0B | 872.0M | 347.0M | 225.0M | 131.0M | 54.9M |
| Cash Paid To Employees | 897.0M | 689.0M | 549.0M | 361.0M | 183.0M | 113.0M | 61.6M | 34.4M | 19.3M |
| Taxes Paid | 528.0M | 172.0M | 71.4M | 72.9M | 130.0M | 44.7M | 12.4M | 2.4M | 2.6M |
| Total Operating Cash Outflow | 4.0B | 2.9B | 2.4B | 1.6B | 1.4B | 570.0M | 391.0M | 196.0M | 96.1M |
| Operating Cash Flow | 450.0M | 491.0M | 501.0M | 219.0M | 164.0M | 159.0M | 36.2M | -7.5M | -35.3M |
| Total Investing Cash Inflow | 3.5B | 4.4B | 1.0B | 1.5B | 4.3B | 36.3M | 272.0M | 39.7M | 122.0M |
| Total Investing Cash Outflow | 3.9B | 5.6B | 1.9B | 2.4B | 4.8B | 303.0M | 380.0M | 93.5M | 147.0M |
| Investing Cash Flow | -418.0M | -1.2B | -904.0M | -878.0M | -458.0M | -267.0M | -108.0M | -53.8M | -24.7M |
| Cash From Borrowings | 295.0M | 1.9B | 608.0M | 215.0M | 50.0M | 500,000 | 5.0M | 49.0M | -- |
| Dividends And Interest Paid | 93.2M | 68.6M | 67.0M | 60.8M | 21.2M | 45,800 | 1.3M | 968,300 | 2.0M |
| Debt Repayments | 353.0M | 603.0M | 203.0M | 120.0M | 1.4M | 500,000 | 55.0M | 250,000 | 50.2M |
| Total Financing Cash Inflow | 400.0M | 2.0B | 744.0M | 394.0M | 50.0M | 1.1B | 525.0M | 90.5M | 150.0M |
| Total Financing Cash Outflow | 762.0M | 792.0M | 280.0M | 181.0M | 22.7M | 9.0M | 56.3M | 1.2M | 70.2M |
| Financing Cash Flow | -362.0M | 1.2B | 465.0M | 213.0M | 27.4M | 1.1B | 469.0M | 89.3M | 80.2M |
| Net Change In Cash | -318.0M | 500.0M | 74.3M | -451.0M | -275.0M | 1.0B | 397.0M | 28.1M | 20.4M |
| Ending Cash Balance | 1.0B | 1.3B | 822.0M | 748.0M | 1.2B | 1.5B | 450.0M | 53.1M | 25.0M |
| Capex | 443.0M | 465.0M | 805.0M | 643.0M | 487.0M | 129.0M | 110.0M | 50.8M | 26.3M |