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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.0B | 1.3B | 1.7B | 862.0M | 242.0M | 92.1M | 40.2M | 29.8M | 29.1M | 18.4M | 8.2M |
| Revenue Growth % | 49.5% | -21.5% | 93.7% | 256.2% | 162.7% | 129.0% | 34.8% | 2.4% | 58.5% | 124.7% | -- |
| Total Revenue | 2.0B | 1.3B | 1.7B | 862.0M | 242.0M | 92.1M | 40.2M | 29.8M | 29.1M | 18.4M | 8.2M |
| Cost Of Revenue | 1.3B | 805.0M | 835.0M | 401.0M | 111.0M | 38.4M | 17.4M | 14.6M | 14.0M | 10.0M | 4.5M |
| Gross Profit | 641.0M | 506.0M | 835.0M | 461.0M | 131.0M | 53.7M | 22.8M | 15.2M | 15.1M | 8.4M | 3.6M |
| Gross Margin % | 32.7% | 38.6% | 50.0% | 53.5% | 54.1% | 58.3% | 56.7% | 51.0% | 51.8% | 45.5% | 44.4% |
| Total Operating Cost | 2.4B | 1.7B | 1.5B | 619.0M | 198.0M | 102.0M | 37.6M | 24.9M | 20.8M | 14.0M | 6.7M |
| Selling Expenses | 189.0M | 117.0M | 70.0M | 36.3M | 16.4M | 12.4M | 4.2M | 970,400 | 186,800 | 928,700 | 574,000 |
| Admin Expenses | 281.0M | 244.0M | 166.0M | 60.3M | 24.9M | 20.4M | 5.7M | 8.7M | 7.0M | 2.9M | 1.6M |
| Rd Expenses | 540.0M | 522.0M | 404.0M | 107.0M | 41.3M | 29.6M | 10.2M | -- | -- | -- | -- |
| Finance Expenses | -21.2M | -34.4M | -24.0M | 3.0M | 2.0M | -184,600 | -203,600 | 259,300 | -398,900 | -109,100 | -600.00 |
| Operating Income | -403.0M | -296.0M | 254.0M | 248.0M | 54.4M | -8.6M | 2.3M | 6.5M | 8.3M | 4.3M | 1.4M |
| Operating Margin % | -20.6% | -22.6% | 15.2% | 28.8% | 22.5% | -9.3% | 5.7% | 21.7% | 28.5% | 23.6% | 17.7% |
| Non Operating Income | 6,000 | 17,900 | 900.00 | 2.00 | 30,600 | 1.00 | 57.00 | 600,000 | 3.9M | 154,200 | 6,000 |
| Non Operating Expenses | 1.6M | 658,000 | 546,100 | 27,000 | 203,500 | 500,000 | 56.00 | -- | 51,600 | -- | -- |
| Investment Income | 35.9M | 65.0M | 58.1M | 60,900 | 8.1M | -459,100 | -541,700 | -291,300 | 513.54 | 2,016 | 7,595 |
| Fair Value Change Income | 4.3M | 3.6M | 13.7M | -- | 7,800 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | -127,100 | 1.0M | -- | -31,600 | -- | -- | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 93.3M | 66.1M | 43.9M | 2.9M | 1.2M | 233,500 | 98,500 | 159,100 | -137,200 | 159,800 | -12,200 |
| Other Income | 17.6M | 44.3M | 15.8M | 5.1M | 2.7M | 1.8M | 193,000 | 1.9M | -- | -- | -- |
| Income Before Tax | -404.0M | -297.0M | 253.0M | 248.0M | 54.2M | -9.1M | 2.3M | 7.1M | 12.2M | 4.5M | 1.5M |
| Income Tax | -1.3M | 8.3M | 3.0M | 24.6M | 3.3M | 50,400 | -14,800 | 761,300 | 1.5M | 558,000 | 318,500 |
| Net Income | -403.0M | -305.0M | 250.0M | 224.0M | 50.9M | -9.1M | 2.3M | 6.3M | 10.6M | 3.9M | 1.1M |
| Net Margin % | -20.6% | -23.3% | 15.0% | 26.0% | 21.0% | -9.9% | 5.7% | 21.2% | 36.4% | 21.4% | 13.8% |
| Net Income Attributable | -403.0M | -305.0M | 251.0M | 224.0M | 50.8M | -9.1M | 2.3M | 6.3M | 10.6M | 3.9M | 1.1M |
| Minority Interest | -- | -- | -452,500 | 53,500 | 91,600 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -2.86 | -2.15 | 2.70 | 2.95 | 0.68 | -0.17 | 0.04 | 1.05 | 1.77 | 0.99 | 0.29 |
| Eps Diluted | -2.85 | -2.15 | 2.70 | 2.95 | 0.68 | -0.17 | 0.04 | 1.05 | 1.77 | 0.99 | -- |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.1B | 1.8B | 1.3B | 77.7M | 124.0M | 60.4M | 16.9M | 18.8M | 20.1M | 13.2M | 2.4M |
| Trading Financial Assets | 2.1B | 2.2B | 3.5B | -- | 1.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 393.0M | 179.0M | 188.0M | 106.0M | 42.0M | 7.6M | 989,300 | -- | 190,400 | 3.0M | 3,200 |
| Notes Receivable | 30.1M | 7.3M | 9.1M | 4.6M | 526,500 | -- | 387,400 | -- | -- | -- | -- |
| Notes And Accounts Receivable | 423.0M | 187.0M | 198.0M | 111.0M | 42.5M | 7.6M | 1.4M | 3.2M | 190,400 | 3.0M | 3,200 |
| Prepayments | 40.0M | 46.9M | 35.5M | 80.0M | 38.0M | 9.2M | 3.4M | 1.8M | 1.6M | 2.2M | 2.1M |
| Inventory | 833.0M | 828.0M | 605.0M | 224.0M | 85.3M | 17.9M | 8.0M | 2.4M | 3.3M | 601,700 | 562,600 |
| Total Current Assets | 4.7B | 5.3B | 5.7B | 520.0M | 302.0M | 107.0M | 31.1M | 31.9M | 28.3M | 19.1M | 5.9M |
| Long Term Equity Investment | 96.7M | 23.5M | 44.2M | -- | -- | 4.2M | 4.7M | 3.5M | 3.7M | -- | -- |
| Fixed Assets | -- | 574.0M | 344.0M | 179.0M | 76.0M | 23.9M | 8.8M | 1.2M | 1.1M | 1.1M | 47,300 |
| Fixed Assets Total | 1.5B | 574.0M | 344.0M | 179.0M | 76.0M | 23.9M | 8.8M | 1.2M | 1.1M | 1.1M | 47,300 |
| Construction In Progress | -- | 697.0M | 191.0M | 34.5M | 3.4M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 47.0M | 697.0M | 191.0M | 34.5M | 3.4M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 394.0M | 48.6M | 32.2M | 21.8M | 7.5M | 1.2M | 97,400 | 38,000 | 49,100 | 3,046 | 3,824 |
| Long Term Deferred Expenses | 20.4M | 13.5M | 8.4M | 7.2M | 3.8M | 2.2M | -- | 2.1M | 1.1M | 618,300 | 920,400 |
| Total Non Current Assets | 3.0B | 1.9B | 1.1B | 321.0M | 135.0M | 38.3M | 14.6M | 7.5M | 6.0M | 1.8M | 971,600 |
| Total Assets | 7.7B | 7.2B | 6.8B | 841.0M | 437.0M | 145.0M | 45.6M | 39.5M | 34.3M | 20.9M | 6.9M |
| Short Term Borrowings | -- | 243.0M | 20.3M | 93.7M | 40.1M | 7.5M | 2.5M | 2.0M | -- | -- | -- |
| Accounts Payable | 272.0M | 151.0M | 144.0M | 74.1M | 30.3M | 5.8M | 1.3M | -- | 100,800 | 40,000 | 86,600 |
| Advance Receipts | -- | -- | -- | -- | -- | 9.0M | 3.7M | 662,900 | 1.8M | 1,100 | 1.6M |
| Contract Liabilities | 16.1M | 16.5M | 22.3M | 28.1M | 16.4M | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 757.0M | 584.0M | 327.0M | 266.0M | 105.0M | 32.0M | 11.7M | 6.2M | 4.6M | 1.8M | 2.3M |
| Long Term Borrowings | 763.0M | 330.0M | 7.0M | -- | 8.5M | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 969.0M | 365.0M | 25.3M | 18.7M | 9.5M | 55,500 | 89,600 | 123,700 | 256,200 | 300,000 | -- |
| Total Liabilities | 1.7B | 949.0M | 352.0M | 285.0M | 114.0M | 32.0M | 11.7M | 6.3M | 4.9M | 2.1M | 2.3M |
| Paid In Capital | 143.0M | 143.0M | 101.0M | 75.8M | 75.8M | 6.9M | 6.0M | 6.0M | 6.0M | 4.2M | 3.5M |
| Capital Reserve | 6.2B | 6.2B | 6.0B | 200.0M | 191.0M | 107.0M | 19.3M | 13.2M | 12.8M | 9.6M | -- |
| Surplus Reserve | 56.8M | 56.8M | 56.8M | 27.5M | 4.3M | 1.1M | 1.1M | 1.3M | 702,600 | 498,000 | 104,100 |
| Retained Earnings | -402.0M | 735,400 | 387.0M | 247.0M | 46.0M | -1.6M | 7.5M | 12.7M | 9.9M | 4.5M | 936,700 |
| Minority Equity | 4.8M | 1.0M | 1.0M | 6.0M | 5.9M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 5.9B | 6.2B | 6.5B | 550.0M | 317.0M | 113.0M | 33.9M | 33.2M | 29.4M | 18.8M | 4.6M |
| Total Equity | 5.9B | 6.2B | 6.5B | 556.0M | 323.0M | 113.0M | 33.9M | 33.2M | 29.4M | 18.8M | 4.6M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.0B | 1.5B | 1.8B | 896.0M | 237.0M | 95.9M | 49.5M | 28.8M | 35.3M | 16.6M | 11.0M |
| Tax Refunds Received | 48.6M | 24.9M | 20.1M | 351,000 | 176,300 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.1B | 1.6B | 1.8B | 910.0M | 241.0M | 98.3M | 49.9M | 31.2M | 39.3M | 18.2M | 11.4M |
| Cash Paid For Goods | 1.2B | 1.1B | 1.6B | 608.0M | 204.0M | 54.4M | 26.4M | 12.8M | 17.1M | 11.0M | 6.4M |
| Cash Paid To Employees | 620.0M | 439.0M | 272.0M | 115.0M | 51.4M | 22.1M | 11.5M | 6.0M | 3.3M | 1.8M | 1.2M |
| Taxes Paid | 7.6M | 30.2M | 69.6M | 50.2M | 6.9M | 4.9M | 2.6M | 3.4M | 1.3M | 1.8M | 252,400 |
| Total Operating Cash Outflow | 2.0B | 1.7B | 2.1B | 809.0M | 282.0M | 89.9M | 47.0M | 26.0M | 25.0M | 16.3M | 9.2M |
| Operating Cash Flow | 95.1M | -139.0M | -229.0M | 101.0M | -40.6M | 8.4M | 2.9M | 5.2M | 14.3M | 1.9M | 2.2M |
| Total Investing Cash Inflow | 9.8B | 14.3B | 9.1B | 1.2M | 347,600 | 2.0M | 5.2M | 6.1M | -- | 1.0M | 1.0M |
| Total Investing Cash Outflow | 10.9B | 14.0B | 13.1B | 187.0M | 87.3M | 35.6M | 7.5M | 11.3M | 7.7M | 2.2M | 1.7M |
| Investing Cash Flow | -1.1B | 296.0M | -4.0B | -186.0M | -86.9M | -33.6M | -2.3M | -5.2M | -7.7M | -1.2M | -726,500 |
| Cash From Borrowings | 495.0M | 744.0M | 355.0M | 113.0M | 80.1M | 10.5M | 2.5M | 2.0M | -- | -- | -- |
| Dividends And Interest Paid | 15.2M | 85.8M | 87.3M | 2.4M | 1.7M | 320,200 | 3.1M | 3.0M | -- | -- | 4,400 |
| Debt Repayments | 265.0M | 178.0M | 429.0M | 60.8M | 37.3M | 5.5M | 2.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 572.0M | 815.0M | 6.2B | 113.0M | 230.0M | 74.2M | 2.5M | 2.0M | -- | 10.3M | -- |
| Total Financing Cash Outflow | 305.0M | 483.0M | 778.0M | 74.4M | 39.0M | 5.8M | 5.1M | 3.0M | -- | -- | 4,392 |
| Financing Cash Flow | 267.0M | 332.0M | 5.4B | 39.1M | 191.0M | 68.4M | -2.6M | -1.0M | -- | 10.3M | -4,392 |
| Net Change In Cash | -739.0M | 487.0M | 1.2B | -46.2M | 63.5M | 43.5M | -1.8M | -1.4M | 6.9M | 10.9M | 1.5M |
| Ending Cash Balance | 1.0B | 1.8B | 1.3B | 77.7M | 124.0M | 60.4M | 16.9M | 18.8M | 20.1M | 13.2M | 2.4M |
| Capex | 376.0M | 890.0M | 398.0M | 187.0M | 56.2M | 26.6M | 7.5M | 3.0M | 1.0M | 1.2M | 734,100 |