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 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2.7B | 1.7B | 685.0M | 428.0M | 313.0M | 216.0M | 41.9M | -- |
| Revenue Growth % | 60.7% | 145.3% | 60.0% | 36.7% | 44.9% | 415.4% | -- | -- |
| Total Revenue | 2.7B | 1.7B | 685.0M | 428.0M | 313.0M | 216.0M | 41.9M | 0.00 |
| Cost Of Revenue | 1.6B | 968.0M | 395.0M | 232.0M | 150.0M | 99.3M | 20.1M | -- |
| Gross Profit | 1.1B | 712.0M | 290.0M | 196.0M | 163.0M | 116.7M | 21.8M | -- |
| Gross Margin % | 40.0% | 42.4% | 42.3% | 45.8% | 52.1% | 54.0% | 52.1% | -- |
| Total Operating Cost | 2.6B | 1.5B | 684.0M | 419.0M | 276.0M | 161.0M | 77.4M | 10.6M |
| Selling Expenses | 68.8M | 62.2M | 45.4M | 33.6M | 28.9M | 10.1M | 4.4M | 367,800 |
| Admin Expenses | 179.0M | 163.0M | 49.9M | 25.8M | 20.9M | 11.0M | 12.1M | 1.1M |
| Rd Expenses | 267.0M | 177.0M | 138.0M | 97.0M | 53.7M | 31.1M | 34.7M | 9.0M |
| Finance Expenses | 34.7M | 685,000 | -603,900 | 2.2M | 1.8M | 3.3M | 2.7M | 44,600 |
| Operating Income | 228.0M | 289.0M | 43.6M | 40.5M | 60.1M | 61.1M | -34.0M | -10.4M |
| Operating Margin % | 8.4% | 17.2% | 6.4% | 9.5% | 19.2% | 28.3% | -81.0% | -- |
| Non Operating Income | 2.8M | 2.6M | 2.8M | 265,100 | 433,400 | 199,000 | 145,800 | 1.00 |
| Non Operating Expenses | 3.0M | 221,400 | 138,200 | 166,700 | -- | 3,000 | -- | -- |
| Investment Income | 19.3M | 27.8M | 14.0M | 10.7M | 248,700 | 366,800 | 140,500 | 59,000 |
| Fair Value Change Income | 1.1M | 309,200 | 351,400 | 566,300 | -- | -- | -- | -- |
| Asset Disposal Income | 185,800 | -43,300 | 367,000 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 236.0M | 79.9M | 32.0M | 12.9M | 14.7M | 1.5M | 2.9M | 24,900 |
| Other Income | 66.4M | 105.0M | 28.7M | 20.6M | 23.2M | 6.0M | 1.4M | 124,500 |
| Income Before Tax | 227.0M | 292.0M | 46.3M | 40.6M | 60.6M | 61.3M | -33.8M | -10.4M |
| Income Tax | 592,600 | 21.3M | -7.9M | -5.5M | 3.5M | 6.7M | -5.5M | -1.5M |
| Net Income | 227.0M | 270.0M | 54.2M | 46.1M | 57.0M | 54.6M | -28.3M | -8.9M |
| Net Margin % | 8.4% | 16.1% | 7.9% | 10.8% | 18.2% | 25.3% | -67.5% | -- |
| Net Income Attributable | 227.0M | 270.0M | 54.2M | 46.1M | 57.0M | 54.6M | -28.3M | -8.9M |
| Eps Basic | 0.50 | 0.60 | 0.13 | 0.11 | 1.20 | 1.21 | -1.13 | -0.51 |
| Eps Diluted | 0.49 | 0.58 | 0.13 | 0.11 | 1.20 | 1.21 | -1.13 | -0.51 |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.6B | 1.2B | 1.8B | 120.0M | 493.0M | 147.0M | 70.6M | 8.3M |
| Trading Financial Assets | 311.0M | 10.4M | 10.1M | 247.0M | -- | -- | -- | -- |
| Accounts Receivable | 687.0M | 375.0M | 234.0M | 80.5M | 36.6M | 68.1M | 12.5M | -- |
| Notes Receivable | 117.0M | 260.0M | 112.0M | 71.6M | 85.1M | 35.7M | 60.5M | -- |
| Notes And Accounts Receivable | 804.0M | 635.0M | 346.0M | 152.0M | 122.0M | 104.0M | 73.0M | -- |
| Prepayments | 82.5M | 130.0M | 74.4M | 9.6M | 5.8M | 3.5M | 4.2M | 2.2M |
| Inventory | 3.7B | 3.2B | 975.0M | 403.0M | 343.0M | 274.0M | 233.0M | 52.4M |
| Total Current Assets | 7.1B | 6.8B | 3.7B | 1.3B | 1.0B | 575.0M | 420.0M | 73.1M |
| Fixed Assets | -- | 233.0M | 43.6M | 36.0M | 23.9M | 10.2M | 5.0M | 1.7M |
| Fixed Assets Total | 354.0M | 233.0M | 43.6M | 36.0M | 23.9M | 10.2M | 5.0M | 1.7M |
| Construction In Progress | -- | 8.5M | -- | 455,200 | 476,800 | 591,900 | 440,900 | 20,900 |
| Construction In Progress Total | 7.9M | 8.5M | -- | 455,200 | 476,800 | 591,900 | 440,900 | 20,900 |
| Intangible Assets | 76.9M | 6.6M | 8.0M | 8.2M | 7.9M | 7.9M | 8.9M | -- |
| Long Term Deferred Expenses | 100.0M | 16.2M | 742,600 | 8.0M | 7.1M | 4.5M | 7.3M | 385,600 |
| Total Non Current Assets | 1.2B | 766.0M | 121.0M | 80.6M | 55.4M | 25.6M | 29.2M | 4.1M |
| Total Assets | 8.3B | 7.6B | 3.8B | 1.4B | 1.1B | 601.0M | 449.0M | 77.2M |
| Short Term Borrowings | 1.4B | 544.0M | 292.0M | 66.5M | 40.0M | 29.9M | 50.0M | -- |
| Accounts Payable | 788.0M | 1.1B | 502.0M | 120.0M | 161.0M | 42.9M | 64.6M | 17.2M |
| Advance Receipts | -- | -- | -- | -- | -- | 224.0M | 213.0M | 17.5M |
| Contract Liabilities | 2.1B | 2.0B | 625.0M | 125.0M | 156.0M | -- | -- | -- |
| Total Current Liabilities | 5.1B | 5.0B | 1.8B | 446.0M | 449.0M | 358.0M | 432.0M | 71.4M |
| Long Term Borrowings | 187.0M | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 601.0M | 249.0M | 36.1M | 27.2M | 10.2M | 6.7M | 209,600 | -- |
| Total Liabilities | 5.7B | 5.2B | 1.9B | 473.0M | 459.0M | 364.0M | 432.0M | 71.4M |
| Paid In Capital | 458.0M | 454.0M | 454.0M | 409.0M | 49.8M | 47.5M | 42.0M | 17.6M |
| Capital Reserve | 1.6B | 1.4B | 1.3B | 354.0M | 521.0M | 171.0M | 16.0M | 1.5M |
| Surplus Reserve | 67.2M | 44.5M | 17.5M | 12.1M | 7.5M | 1.8M | -- | -- |
| Retained Earnings | 566.0M | 401.0M | 157.0M | 109.0M | 67.1M | 16.1M | -41.5M | -13.3M |
| Equity Attributable | 2.6B | 2.3B | 2.0B | 883.0M | 646.0M | 237.0M | 16.5M | 5.9M |
| Total Equity | 2.6B | 2.3B | 2.0B | 883.0M | 646.0M | 237.0M | 16.5M | 5.9M |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.5B | 2.9B | 912.0M | 380.0M | 230.0M | 176.0M | 167.0M | 17.4M |
| Tax Refunds Received | 41.5M | 70.7M | 11.3M | 9.1M | 16.8M | 4.6M | 1.3M | -- |
| Total Operating Cash Inflow | 3.2B | 3.4B | 1.0B | 699.0M | 293.0M | 301.0M | 177.0M | 19.3M |
| Cash Paid For Goods | 3.1B | 2.1B | 491.0M | 328.0M | 104.0M | 185.0M | 77.5M | 29.4M |
| Cash Paid To Employees | 508.0M | 376.0M | 177.0M | 99.9M | 53.6M | 39.1M | 26.7M | 8.1M |
| Taxes Paid | 139.0M | 89.8M | 25.5M | 18.9M | 31.4M | 6.9M | 1.9M | 12,500 |
| Total Operating Cash Outflow | 4.2B | 3.3B | 874.0M | 776.0M | 284.0M | 345.0M | 161.0M | 45.1M |
| Operating Cash Flow | -1.0B | 93.3M | 168.0M | -76.3M | 8.3M | -43.8M | 16.2M | -25.9M |
| Total Investing Cash Inflow | 4.8B | 1.7B | 1.1B | 773.0M | 50.3M | 69.5M | 69.2M | 4.1M |
| Total Investing Cash Outflow | 4.3B | 2.9B | 889.0M | 1.3B | 85.1M | 59.9M | 96.2M | 12.8M |
| Investing Cash Flow | 558.0M | -1.2B | 207.0M | -512.0M | -34.8M | 9.6M | -27.0M | -8.8M |
| Cash From Borrowings | 2.0B | 544.0M | 334.0M | 113.0M | 49.9M | 89.9M | 85.0M | -- |
| Dividends And Interest Paid | 71.4M | 9.7M | 4.5M | 2.6M | 2.7M | 4.1M | 2.3M | -- |
| Debt Repayments | 721.0M | 292.0M | 121.0M | 64.9M | 39.8M | 110.0M | 35.0M | -- |
| Total Financing Cash Inflow | 2.0B | 544.0M | 1.4B | 303.0M | 400.0M | 255.0M | 110.0M | 28.0M |
| Total Financing Cash Outflow | 894.0M | 326.0M | 153.0M | 71.0M | 42.5M | 122.0M | 67.3M | -- |
| Financing Cash Flow | 1.1B | 218.0M | 1.2B | 232.0M | 358.0M | 133.0M | 42.6M | 28.0M |
| Net Change In Cash | 679.0M | -856.0M | 1.6B | -356.0M | 331.0M | 98.9M | 31.9M | -6.6M |
| Ending Cash Balance | 1.5B | 862.0M | 1.7B | 110.0M | 466.0M | 134.0M | 35.5M | 3.7M |
| Capex | 292.0M | 186.0M | 47.3M | 22.8M | 31.1M | 10.8M | 13.1M | 2.8M |