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 | 4.1B | 2.7B | 1.7B | 758.0M | 436.0M |
| Revenue Growth % | 51.7% | 58.6% | 125.1% | 73.9% | -- |
| Total Revenue | 4.1B | 2.7B | 1.7B | 758.0M | 436.0M |
| Cost Of Revenue | 2.4B | 1.4B | 865.0M | 424.0M | 287.0M |
| Gross Profit | 1.7B | 1.3B | 841.0M | 334.0M | 149.0M |
| Gross Margin % | 41.7% | 47.1% | 49.3% | 44.1% | 34.2% |
| Total Operating Cost | 3.8B | 2.4B | 1.5B | 846.0M | 500.0M |
| Selling Expenses | 290.0M | 176.0M | 192.0M | 97.0M | 66.4M |
| Admin Expenses | 210.0M | 189.0M | 81.0M | 44.5M | 27.9M |
| Rd Expenses | 756.0M | 576.0M | 379.0M | 288.0M | 123.0M |
| Finance Expenses | 65.2M | -12.0M | -18.2M | -19.3M | -10.4M |
| Operating Income | 679.0M | 729.0M | 357.0M | 56.3M | -13.8M |
| Operating Margin % | 16.5% | 27.0% | 20.9% | 7.4% | -3.2% |
| Non Operating Income | 319,000 | 72,200 | 8.0M | 11.1M | 2.1M |
| Non Operating Expenses | 480,600 | 222,400 | 375,200 | 20,000 | 15,600 |
| Investment Income | 1.5M | 2.9M | 13.9M | -- | -- |
| Fair Value Change Income | 204.0M | 94.0M | 16.3M | -- | -- |
| Asset Disposal Income | 22,200 | 26,400 | 77,200 | -19,900 | -4,800 |
| Asset Impairment Loss | 15.4M | 16.9M | 23.3M | 6.5M | 5.2M |
| Other Income | 144.0M | 329.0M | 163.0M | 145.0M | 51.0M |
| Income Before Tax | 679.0M | 729.0M | 364.0M | 67.4M | -11.7M |
| Income Tax | -8.8M | 65.0M | 46,800 | 451,200 | -- |
| Net Income | 687.0M | 664.0M | 364.0M | 66.9M | -11.7M |
| Net Margin % | 16.7% | 24.5% | 21.3% | 8.8% | -2.7% |
| Net Income Attributable | 688.0M | 663.0M | 368.0M | 68.5M | -11.5M |
| Minority Interest | -732,900 | 1.3M | -4.4M | -1.6M | -210,900 |
| Eps Basic | 2.48 | 2.39 | 2.15 | 0.72 | -- |
| Eps Diluted | 2.46 | 2.38 | 2.14 | 0.72 | -- |
| 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 | 3.0B | 2.7B | 3.8B | 965.0M | 1.0B |
| Trading Financial Assets | 193.0M | 29.5M | 46.1M | -- | -- |
| Accounts Receivable | 1.5B | 530.0M | 262.0M | 103.0M | 71.9M |
| Notes Receivable | 12.3M | -- | 20.7M | 1.2M | -- |
| Notes And Accounts Receivable | 1.5B | 530.0M | 283.0M | 104.0M | 71.9M |
| Prepayments | 108.0M | 192.0M | 95.8M | 52.8M | 3.7M |
| Inventory | 7.2B | 4.6B | 2.3B | 953.0M | 512.0M |
| Total Current Assets | 12.7B | 8.5B | 6.8B | 2.2B | 1.6B |
| Long Term Equity Investment | 249.0M | 228.0M | -- | -- | -- |
| Fixed Assets | -- | 613.0M | 382.0M | 216.0M | 165.0M |
| Fixed Assets Total | 893.0M | 613.0M | 382.0M | 216.0M | 165.0M |
| Construction In Progress | -- | 117.0M | 10.6M | 73.3M | -- |
| Construction In Progress Total | 729.0M | 117.0M | 10.6M | 73.3M | -- |
| Intangible Assets | 176.0M | 91.7M | 43.9M | 42.6M | 38.2M |
| Long Term Deferred Expenses | 28.8M | 6.4M | 1.8M | 1.4M | -- |
| Total Non Current Assets | 2.6B | 1.5B | 493.0M | 343.0M | 205.0M |
| Total Assets | 15.3B | 10.0B | 7.3B | 2.5B | 1.8B |
| Short Term Borrowings | 119.0M | 70.0M | 400.0M | -- | -- |
| Accounts Payable | 1.4B | 986.0M | 564.0M | 258.0M | 122.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.0B | 1.4B | 1.4B | 488.0M | 134.0M |
| Total Current Liabilities | 6.8B | 3.0B | 2.9B | 1.0B | 394.0M |
| Long Term Borrowings | 2.8B | 1.9B | 270.0M | -- | -- |
| Total Non Current Liabilities | 3.2B | 2.4B | 659.0M | 309.0M | 298.0M |
| Total Liabilities | 10.0B | 5.4B | 3.6B | 1.3B | 692.0M |
| Paid In Capital | 280.0M | 188.0M | 126.0M | 94.9M | 94.9M |
| Capital Reserve | 3.5B | 3.3B | 3.1B | 1.0B | 1.3B |
| Surplus Reserve | 78.9M | 78.9M | 59.1M | 11.2M | 1.3M |
| Retained Earnings | 1.6B | 1.0B | 404.0M | 83.8M | -255.0M |
| Minority Equity | 18.9M | -2.2M | -3.6M | 729,900 | 289,100 |
| Equity Attributable | 5.3B | 4.6B | 3.7B | 1.2B | 1.1B |
| Total Equity | 5.3B | 4.6B | 3.7B | 1.2B | 1.1B |
| 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 | 5.4B | 2.8B | 2.8B | 1.2B | 640.0M |
| Tax Refunds Received | 9.0M | 28,700 | 13.6M | 2.7M | 2.6M |
| Total Operating Cash Inflow | 5.6B | 3.3B | 3.0B | 1.4B | 909.0M |
| Cash Paid For Goods | 5.0B | 4.3B | 2.3B | 966.0M | 450.0M |
| Cash Paid To Employees | 533.0M | 360.0M | 235.0M | 127.0M | 72.6M |
| Taxes Paid | 55.4M | 140.0M | 88.5M | 52.1M | 16.0M |
| Total Operating Cash Outflow | 5.8B | 4.9B | 2.8B | 1.3B | 601.0M |
| Operating Cash Flow | -283.0M | -1.7B | 248.0M | 137.0M | 309.0M |
| Total Investing Cash Inflow | 1.4B | 569.0M | 4.7B | 37,800 | 468,000 |
| Total Investing Cash Outflow | 2.3B | 1.4B | 4.9B | 150.0M | 6.3M |
| Investing Cash Flow | -892.0M | -836.0M | -151.0M | -150.0M | -5.8M |
| Cash From Borrowings | 2.0B | 1.7B | 670.0M | -- | -- |
| Dividends And Interest Paid | 138.0M | 62.6M | 1.5M | -- | -- |
| Debt Repayments | 331.0M | 400.0M | -- | -- | -- |
| Total Financing Cash Inflow | 2.0B | 1.8B | 2.8B | 2.0M | 313.0M |
| Total Financing Cash Outflow | 675.0M | 464.0M | 33.3M | 4.7M | 10.6M |
| Financing Cash Flow | 1.4B | 1.3B | 2.8B | -2.7M | 302.0M |
| Net Change In Cash | 184.0M | -1.2B | 2.9B | -15.2M | 604.0M |
| Ending Cash Balance | 2.9B | 2.7B | 3.8B | 935.0M | 950.0M |
| Capex | 686.0M | 481.0M | 111.0M | 150.0M | 6.3M |