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 | 1.4B | 951.0M | 579.0M | 433.0M | 273.0M | 195.0M | 127.0M | 74.8M | 43.5M |
| Revenue Growth % | 48.3% | 64.2% | 33.7% | 58.6% | 40.0% | 53.5% | 69.8% | 71.9% | -- |
| Total Revenue | 1.4B | 951.0M | 579.0M | 433.0M | 273.0M | 195.0M | 127.0M | 74.8M | 43.5M |
| Cost Of Revenue | 476.0M | 231.0M | 88.4M | 68.0M | 43.9M | 27.9M | 23.7M | 18.6M | 12.4M |
| Gross Profit | 934.0M | 720.0M | 490.6M | 365.0M | 229.1M | 167.1M | 103.3M | 56.2M | 31.1M |
| Gross Margin % | 66.2% | 75.7% | 84.7% | 84.3% | 83.9% | 85.7% | 81.4% | 75.1% | 71.5% |
| Total Operating Cost | 1.0B | 646.0M | 346.0M | 271.0M | 170.0M | 129.0M | 112.0M | 83.5M | 53.3M |
| Selling Expenses | 199.0M | 180.0M | 108.0M | 89.9M | 57.3M | 50.4M | 29.1M | 21.0M | 20.6M |
| Admin Expenses | 171.0M | 115.0M | 68.5M | 52.4M | 38.8M | 30.7M | 40.8M | 32.4M | 11.3M |
| Rd Expenses | 107.0M | 93.6M | 66.0M | 51.9M | 30.0M | 21.7M | 13.8M | 7.0M | 6.8M |
| Finance Expenses | 17.3M | 2.9M | -2.5M | -4.4M | -6.1M | -5.0M | 1.2M | 1.6M | 646,400 |
| Operating Income | 433.0M | 327.0M | 259.0M | 185.0M | 111.0M | 69.7M | 26.8M | -3.2M | -9.9M |
| Operating Margin % | 30.7% | 34.4% | 44.7% | 42.7% | 40.7% | 35.7% | 21.1% | -4.2% | -22.6% |
| Non Operating Income | 210,900 | 569,000 | 5.1M | 4.2M | 30,700 | 84,100 | 131,500 | 74,500 | 6.2M |
| Non Operating Expenses | 2.1M | 348,900 | 260,400 | 1.4M | 248,500 | 82,900 | 171,900 | 60,300 | 1.00 |
| Investment Income | -834,000 | 13.5M | 17.1M | 19.4M | 4.8M | 3.0M | 4.9M | 334,800 | -74,200 |
| Fair Value Change Income | 147,000 | -1.8M | 1.5M | 200,800 | 278,100 | -2.7M | 2.7M | -- | -- |
| Asset Disposal Income | 19,300 | 109,100 | 6,500 | 18,200 | -150,700 | -- | -- | -59,300 | -- |
| Asset Impairment Loss | 5.6M | -1.3M | -- | 41,800 | 36,800 | -119,100 | 1.8M | 1.8M | 1.3M |
| Other Income | 24.9M | 10.4M | 7.0M | 3.1M | 3.2M | 3.3M | 4.7M | 5.2M | -- |
| Income Before Tax | 431.0M | 328.0M | 264.0M | 188.0M | 111.0M | 69.7M | 26.7M | -3.1M | -3.7M |
| Income Tax | 44.0M | 41.6M | 36.8M | 20.0M | 14.9M | 3.9M | 6.4M | 963,000 | -2.2M |
| Net Income | 387.0M | 286.0M | 227.0M | 168.0M | 96.1M | 65.8M | 20.3M | -4.1M | -1.5M |
| Net Margin % | 27.4% | 30.1% | 39.2% | 38.8% | 35.2% | 33.7% | 16.0% | -5.5% | -3.4% |
| Net Income Attributable | 388.0M | 304.0M | 233.0M | 171.0M | 96.6M | 66.7M | 20.3M | -4.0M | -1.5M |
| Minority Interest | -1.3M | -17.9M | -5.5M | -3.6M | -440,500 | -927,900 | -2,700 | -141,800 | -- |
| Eps Basic | 2.05 | 1.61 | 2.21 | 1.63 | 1.08 | 0.85 | 0.28 | -0.06 | -0.02 |
| Eps Diluted | 2.05 | 1.60 | 2.21 | 1.63 | 1.08 | 0.85 | 0.28 | -0.06 | -0.02 |
| 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 | 364.0M | 537.0M | 355.0M | 473.0M | 537.0M | 196.0M | 67.9M | 31.8M | 42.8M |
| Trading Financial Assets | 132.0M | 20.1M | 482.0M | 478,900 | 278,100 | -- | 2.7M | -- | -- |
| Accounts Receivable | 353.0M | 213.0M | 104.0M | 67.8M | 74.2M | 58.3M | 44.6M | 35.0M | 19.1M |
| Notes And Accounts Receivable | 353.0M | 213.0M | 104.0M | 67.8M | 74.2M | 58.3M | 44.6M | 35.0M | 19.1M |
| Prepayments | 24.4M | 29.4M | 27.1M | 15.3M | 7.6M | 5.2M | 3.9M | 4.7M | 1.5M |
| Inventory | 273.0M | 181.0M | 78.8M | 56.0M | 59.1M | 60.8M | 36.2M | 16.6M | 11.8M |
| Total Current Assets | 1.2B | 1.0B | 1.1B | 1.1B | 1.1B | 335.0M | 362.0M | 95.8M | 84.2M |
| Long Term Equity Investment | 3.1M | 3.0M | 2.8M | 1.9M | 373,800 | -- | -- | -- | 2.7M |
| Fixed Assets | -- | 1.1B | 541.0M | 230.0M | 186.0M | 180.0M | 112.0M | 90.5M | -- |
| Fixed Assets Total | 1.4B | 1.1B | 541.0M | 230.0M | 186.0M | 180.0M | 112.0M | 90.5M | 16.1M |
| Construction In Progress | -- | 154.0M | 121.0M | 318.0M | 81.0M | 3.6M | 13,900 | 802,400 | -- |
| Construction In Progress Total | 52.9M | 154.0M | 121.0M | 318.0M | 81.0M | 3.6M | 13,900 | 802,400 | 50.7M |
| Intangible Assets | 190.0M | 174.0M | 107.0M | 91.4M | 90.9M | 88.6M | 33.5M | 31.6M | 33.8M |
| Long Term Deferred Expenses | 30.8M | 26.1M | 27.5M | 31.1M | 27.6M | 7.2M | 3.4M | 994,800 | 1.9M |
| Total Non Current Assets | 2.3B | 2.0B | 1.2B | 929.0M | 492.0M | 351.0M | 225.0M | 180.0M | 149.0M |
| Total Assets | 3.5B | 3.1B | 2.2B | 2.0B | 1.6B | 686.0M | 586.0M | 276.0M | 233.0M |
| Short Term Borrowings | -- | 25.5M | -- | -- | -- | -- | -- | 9.9M | -- |
| Accounts Payable | 56.1M | 49.0M | 13.9M | 5.6M | 2.2M | 280,900 | 244,300 | 112,000 | 383,200 |
| Advance Receipts | -- | -- | -- | -- | -- | 1.7M | 807,100 | 265,200 | 95,400 |
| Contract Liabilities | 11.5M | 12.6M | 6.5M | 6.2M | 3.4M | -- | -- | -- | -- |
| Total Current Liabilities | 299.0M | 378.0M | 148.0M | 139.0M | 77.1M | 23.1M | 24.0M | 38.0M | 22.4M |
| Long Term Borrowings | 483.0M | 259.0M | 150.0M | 143.0M | -- | -- | -- | 28.3M | 16.0M |
| Total Non Current Liabilities | 564.0M | 328.0M | 177.0M | 168.0M | 13.8M | 15.1M | 8.6M | 39.7M | 23.5M |
| Total Liabilities | 863.0M | 706.0M | 324.0M | 307.0M | 90.9M | 38.3M | 32.6M | 77.6M | 45.9M |
| Paid In Capital | 190.0M | 105.0M | 105.0M | 105.0M | 105.0M | 78.8M | 78.8M | 61.0M | 61.0M |
| Capital Reserve | 1.2B | 1.3B | 1.3B | 1.3B | 1.3B | 528.0M | 481.0M | 167.0M | 152.0M |
| Surplus Reserve | 87.2M | 52.6M | 52.6M | 36.8M | 17.8M | 8.6M | 4.1M | 1.6M | 191,000 |
| Retained Earnings | 950.0M | 647.0M | 391.0M | 213.0M | 90.0M | 2.5M | -13.1M | -31.0M | -25.6M |
| Minority Equity | 225.0M | 226.0M | 60.0M | 66.3M | 29.5M | 30.0M | 3.0M | -- | 307,100 |
| Equity Attributable | 2.4B | 2.1B | 1.9B | 1.7B | 1.5B | 618.0M | 551.0M | 198.0M | 187.0M |
| Total Equity | 2.6B | 2.4B | 1.9B | 1.7B | 1.5B | 648.0M | 554.0M | 198.0M | 188.0M |
| 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 | 1.4B | 977.0M | 609.0M | 491.0M | 292.0M | 207.0M | 138.0M | 70.4M | 34.4M |
| Tax Refunds Received | 6.0M | 2.2M | 22.3M | 14.4M | 24,300 | 8,100 | 103,300 | -- | -- |
| Total Operating Cash Inflow | 1.4B | 1.0B | 648.0M | 545.0M | 301.0M | 230.0M | 152.0M | 79.2M | 40.7M |
| Cash Paid For Goods | 400.0M | 246.0M | 92.9M | 50.5M | 24.5M | 32.0M | 27.7M | 18.2M | 8.5M |
| Cash Paid To Employees | 338.0M | 205.0M | 126.0M | 93.0M | 60.6M | 58.9M | 39.8M | 27.9M | 19.3M |
| Taxes Paid | 164.0M | 160.0M | 81.0M | 71.7M | 36.6M | 36.4M | 18.4M | 12.3M | 1.5M |
| Total Operating Cash Outflow | 1.1B | 788.0M | 398.0M | 326.0M | 177.0M | 179.0M | 120.0M | 75.1M | 44.0M |
| Operating Cash Flow | 348.0M | 213.0M | 250.0M | 219.0M | 123.0M | 50.5M | 31.8M | 4.2M | -3.4M |
| Total Investing Cash Inflow | 435.0M | 1.6B | 2.4B | 1.9B | 307.0M | 206.0M | 355.0M | 2.0M | -- |
| Total Investing Cash Outflow | 1.0B | 1.6B | 2.7B | 2.3B | 895.0M | 142.0M | 627.0M | 35.6M | 36.6M |
| Investing Cash Flow | -614.0M | 32.7M | -308.0M | -420.0M | -588.0M | 64.0M | -272.0M | -33.6M | -36.6M |
| Cash From Borrowings | 482.0M | 12.2M | 10.0M | 143.0M | -- | -- | -- | 29.9M | -- |
| Dividends And Interest Paid | 70.6M | 61.4M | 44.4M | 30.5M | 13,000 | 265,000 | 818,700 | 1.2M | 998,600 |
| Debt Repayments | 294.0M | 14.1M | 3.6M | -- | 444,000 | 7.7M | 35.8M | 5.5M | 6.4M |
| Total Financing Cash Inflow | 492.0M | 27.0M | 19.6M | 168.0M | 823.0M | 27.9M | 394.0M | 29.9M | 80.2M |
| Total Financing Cash Outflow | 394.0M | 90.6M | 84.7M | 30.5M | 18.6M | 13.0M | 117.0M | 11.4M | 8.4M |
| Financing Cash Flow | 98.1M | -63.6M | -65.1M | 138.0M | 805.0M | 14.9M | 276.0M | 18.5M | 71.9M |
| Net Change In Cash | -168.0M | 182.0M | -123.0M | -64.0M | 341.0M | 129.0M | 36.0M | -10.9M | 32.0M |
| Ending Cash Balance | 364.0M | 532.0M | 350.0M | 473.0M | 537.0M | 196.0M | 67.0M | 30.9M | 41.9M |
| Capex | 329.0M | 370.0M | 271.0M | 311.0M | 119.0M | 142.0M | 71.8M | 31.5M | 27.6M |