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 | 1.7B | 1.4B | 898.0M | 913.0M | 571.0M | 376.0M | 245.0M | 210.0M | 122.0M |
| Revenue Growth % | 23.3% | 56.7% | -1.6% | 59.9% | 51.9% | 53.5% | 16.7% | 72.1% | -- |
| Total Revenue | 1.7B | 1.4B | 898.0M | 913.0M | 571.0M | 376.0M | 245.0M | 210.0M | 122.0M |
| Cost Of Revenue | 348.0M | 281.0M | 189.0M | 180.0M | 110.0M | 69.5M | 46.2M | 38.1M | 22.1M |
| Gross Profit | 1.4B | 1.1B | 709.0M | 733.0M | 461.0M | 306.5M | 198.8M | 171.9M | 99.9M |
| Gross Margin % | 79.9% | 80.0% | 79.0% | 80.3% | 80.7% | 81.5% | 81.1% | 81.8% | 81.9% |
| Total Operating Cost | 851.0M | 701.0M | 416.0M | 398.0M | 268.0M | 158.0M | 117.0M | 81.7M | 49.2M |
| Selling Expenses | 101.0M | 86.6M | 47.2M | 42.3M | 26.9M | 14.1M | 9.6M | 6.9M | 4.7M |
| Admin Expenses | 121.0M | 98.0M | 74.8M | 60.4M | 40.6M | 29.4M | 30.0M | 12.8M | 6.4M |
| Rd Expenses | 281.0M | 261.0M | 144.0M | 138.0M | 82.1M | 41.3M | 28.1M | 20.8M | 13.8M |
| Finance Expenses | -26.3M | -47.8M | -47.8M | -32.5M | -2.2M | -1.1M | -301,400 | -173,300 | -113,600 |
| Operating Income | 1.0B | 827.0M | 553.0M | 605.0M | 395.0M | 260.0M | 151.0M | 151.0M | 74.8M |
| Operating Margin % | 59.7% | 58.8% | 61.6% | 66.3% | 69.2% | 69.1% | 61.6% | 71.9% | 61.3% |
| Non Operating Income | 289,900 | 146,300 | 127,100 | 9.1M | 13.3M | 6.4M | 6.5M | 3.1M | 12.9M |
| Non Operating Expenses | 643,800 | 648,900 | 2.3M | 79,700 | 44,500 | 33,200 | 10,900 | 1,000 | 191,900 |
| Investment Income | 23.0M | 32.1M | 17.0M | 32.9M | 60.8M | 16.3M | 8.1M | 4.3M | 1.8M |
| Fair Value Change Income | 23.7M | 18.6M | 2.3M | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 4,000 | 165,700 | 8,400 | -- | -3,700 | -7,700 | -- | -61,000 | -- |
| Asset Impairment Loss | 36,000 | 470,500 | 269,400 | 280,000 | 2.6M | -- | 262,000 | 396,700 | 457,100 |
| Other Income | 105.0M | 69.8M | 51.6M | 56.0M | 31.4M | 25.9M | 15.0M | 18.2M | -- |
| Income Before Tax | 1.0B | 827.0M | 551.0M | 614.0M | 409.0M | 266.0M | 158.0M | 154.0M | 87.5M |
| Income Tax | 104.0M | 73.3M | 58.9M | 64.6M | 39.1M | 20.3M | 18.5M | 23.1M | 12.4M |
| Net Income | 932.0M | 754.0M | 492.0M | 549.0M | 370.0M | 246.0M | 139.0M | 131.0M | 75.2M |
| Net Margin % | 53.7% | 53.6% | 54.8% | 60.1% | 64.8% | 65.4% | 56.7% | 62.4% | 61.6% |
| Net Income Attributable | 883.0M | 729.0M | 480.0M | 550.0M | 371.0M | 246.0M | 139.0M | 131.0M | 75.2M |
| Minority Interest | 49.3M | 24.6M | 12.6M | -1.3M | -981,600 | -170,500 | -- | -- | -- |
| Eps Basic | 4.30 | 3.56 | 3.31 | 3.92 | 3.71 | 2.96 | 1.86 | -- | -- |
| Eps Diluted | 4.28 | 3.54 | 3.30 | 3.90 | 3.70 | 2.96 | 1.86 | -- | -- |
| 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 | 2.2B | 2.6B | 2.3B | 2.5B | 483.0M | 235.0M | 132.0M | 24.0M | 37.8M |
| Trading Financial Assets | 2.6B | 1.8B | 1.5B | 35.0M | 1.6B | 1.8B | -- | -- | -- |
| Accounts Receivable | 124.0M | 82.7M | 41.0M | 32.8M | 39.3M | 22.2M | 13.9M | 9.2M | 4.3M |
| Notes Receivable | 57.6M | 15.4M | -- | -- | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 181.0M | 98.1M | 41.0M | 32.8M | 39.3M | 22.2M | 13.9M | 9.2M | 4.3M |
| Prepayments | 8.8M | 3.7M | 6.3M | 16.6M | 1.9M | 3.8M | 1.1M | 2.7M | 898,200 |
| Inventory | 165.0M | 154.0M | 120.0M | 137.0M | 41.4M | 25.7M | 15.7M | 13.5M | 8.1M |
| Total Current Assets | 5.2B | 4.7B | 4.0B | 2.8B | 2.4B | 2.1B | 345.0M | 256.0M | 154.0M |
| Long Term Equity Investment | 33.2M | 21.0M | 15.1M | 12.7M | 10.5M | 2.1M | 4.1M | 469,500 | -- |
| Fixed Assets | -- | 275.0M | 269.0M | 16.4M | 8.6M | 6.8M | 6.1M | 4.6M | 1.7M |
| Fixed Assets Total | 448.0M | 275.0M | 269.0M | 16.4M | 8.6M | 6.8M | 6.1M | 4.6M | 1.7M |
| Construction In Progress | -- | 126.0M | 2.7M | 166.0M | 66.7M | 23.2M | -- | -- | -- |
| Construction In Progress Total | 623,300 | 126.0M | 2.7M | 166.0M | 66.7M | 23.2M | -- | -- | -- |
| Intangible Assets | 109.0M | 111.0M | 114.0M | 91.7M | 90.2M | 91.8M | 518,200 | 479,900 | 257,300 |
| Long Term Deferred Expenses | 2.1M | 2.8M | 2.7M | 1.1M | 2.0M | 3.3M | 4.5M | 5.2M | 4,000 |
| Total Non Current Assets | 703.0M | 637.0M | 466.0M | 380.0M | 221.0M | 155.0M | 20.6M | 15.0M | 4.2M |
| Total Assets | 5.9B | 5.3B | 4.5B | 3.1B | 2.6B | 2.2B | 366.0M | 271.0M | 158.0M |
| Short Term Borrowings | 2.8M | -- | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 39.9M | 32.4M | 31.1M | 27.8M | 16.8M | 8.5M | 3.2M | 4.2M | 4.4M |
| Advance Receipts | -- | -- | -- | -- | -- | 1.6M | 1.6M | 2.0M | 1.4M |
| Contract Liabilities | 101.0M | 70.7M | 33.0M | 41.7M | 28.5M | -- | -- | -- | -- |
| Total Current Liabilities | 352.0M | 313.0M | 197.0M | 148.0M | 117.0M | 54.5M | 68.0M | 86.6M | 55.1M |
| Total Non Current Liabilities | 2.3M | 2.9M | 2.9M | 986,800 | -- | 15.9M | 7.9M | 5.0M | 1.8M |
| Total Liabilities | 354.0M | 316.0M | 200.0M | 149.0M | 117.0M | 70.4M | 75.9M | 91.6M | 57.0M |
| Paid In Capital | 205.0M | 146.0M | 146.0M | 100.0M | 100.0M | 100.0M | 75.0M | 1.5M | 1.5M |
| Capital Reserve | 3.0B | 2.9B | 2.8B | 1.8B | 1.8B | 1.7B | 134.0M | -- | -- |
| Surplus Reserve | 103.0M | 73.2M | 73.0M | 50.2M | 50.0M | 35.3M | 12.3M | 750,000 | 750,000 |
| Retained Earnings | 2.2B | 1.8B | 1.3B | 995.0M | 574.0M | 292.0M | 68.9M | 178.0M | 98.5M |
| Minority Equity | 56.6M | 47.0M | 27.4M | 9.8M | 1.8M | 2.1M | -- | -- | -- |
| Equity Attributable | 5.5B | 5.0B | 4.3B | 3.0B | 2.5B | 2.1B | 290.0M | 180.0M | 101.0M |
| Total Equity | 5.5B | 5.0B | 4.3B | 3.0B | 2.5B | 2.1B | 290.0M | 180.0M | 101.0M |
| 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 | 1.7B | 1.6B | 998.0M | 1.1B | 641.0M | 427.0M | 282.0M | 246.0M | 144.0M |
| Tax Refunds Received | 83.5M | 51.6M | 38.6M | 55.3M | 34.8M | 31.3M | 15.5M | 18.2M | 12.8M |
| Total Operating Cash Inflow | 1.9B | 1.7B | 1.1B | 1.2B | 699.0M | 467.0M | 306.0M | 268.0M | 158.0M |
| Cash Paid For Goods | 196.0M | 305.0M | 155.0M | 288.0M | 125.0M | 73.7M | 52.8M | 47.6M | 25.6M |
| Cash Paid To Employees | 383.0M | 273.0M | 177.0M | 146.0M | 85.5M | 63.0M | 43.3M | 30.5M | 14.6M |
| Taxes Paid | 298.0M | 212.0M | 113.0M | 190.0M | 108.0M | 70.7M | 58.9M | 51.8M | 36.0M |
| Total Operating Cash Outflow | 921.0M | 863.0M | 525.0M | 664.0M | 337.0M | 227.0M | 167.0M | 138.0M | 82.4M |
| Operating Cash Flow | 952.0M | 861.0M | 619.0M | 499.0M | 362.0M | 240.0M | 139.0M | 129.0M | 75.9M |
| Total Investing Cash Inflow | 5.5B | 4.0B | 2.0B | 1.9B | 3.5B | 978.0M | 646.0M | 319.0M | 108.0M |
| Total Investing Cash Outflow | 6.3B | 4.4B | 3.6B | 261.0M | 3.5B | 2.7B | 621.0M | 432.0M | 155.0M |
| Investing Cash Flow | -858.0M | -364.0M | -1.6B | 1.7B | -39.7M | -1.7B | 25.9M | -113.0M | -46.9M |
| Dividends And Interest Paid | 523.0M | 172.0M | 193.0M | 129.0M | 74.0M | 40.0M | 57.0M | 30.0M | -- |
| Total Financing Cash Inflow | 35.5M | 8.1M | 968.0M | 12.5M | -- | 1.6B | -- | -- | -- |
| Total Financing Cash Outflow | 546.0M | 175.0M | 201.0M | 135.0M | 74.0M | 54.4M | 57.0M | 30.0M | -- |
| Financing Cash Flow | -510.0M | -167.0M | 766.0M | -123.0M | -74.0M | 1.6B | -57.0M | -30.0M | -- |
| Net Change In Cash | -415.0M | 331.0M | -204.0M | 2.0B | 249.0M | 102.0M | 108.0M | -13.8M | 29.0M |
| Ending Cash Balance | 2.2B | 2.6B | 2.3B | 2.5B | 483.0M | 235.0M | 132.0M | 24.0M | 37.8M |
| Capex | 113.0M | 152.0M | 96.8M | 163.0M | 44.9M | 113.0M | 3.7M | 12.8M | 964,500 |