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 | 1.4B | 1.2B | 867.0M | 781.0M | 389.0M |
| Revenue Growth % | 17.7% | 40.3% | 11.0% | 100.8% | -- |
| Total Revenue | 1.4B | 1.2B | 867.0M | 781.0M | 389.0M |
| Cost Of Revenue | 951.0M | 835.0M | 516.0M | 430.0M | 251.0M |
| Gross Profit | 480.0M | 381.0M | 351.0M | 351.0M | 138.0M |
| Gross Margin % | 33.5% | 31.3% | 40.5% | 44.9% | 35.5% |
| Total Operating Cost | 1.4B | 1.2B | 743.0M | 585.0M | 337.0M |
| Selling Expenses | 35.5M | 29.5M | 16.1M | 14.2M | 5.1M |
| Admin Expenses | 56.6M | 67.8M | 55.4M | 45.1M | 22.8M |
| Rd Expenses | 303.0M | 306.0M | 167.0M | 97.7M | 50.6M |
| Finance Expenses | -19.9M | -36.2M | -29.0M | -8.9M | -3.0M |
| Operating Income | 115.0M | 32.7M | 164.0M | 230.0M | 68.4M |
| Operating Margin % | 8.0% | 2.7% | 18.9% | 29.4% | 17.6% |
| Non Operating Income | 168,800 | 112,000 | 206,000 | 163,200 | 39,500 |
| Non Operating Expenses | 209,600 | 264,400 | 42,600 | 52.0M | 251,000 |
| Investment Income | -10.3M | -11.3M | -631,000 | 299,300 | 400,100 |
| Fair Value Change Income | 2.3M | -- | 17,300 | 40,800 | 31,500 |
| Asset Disposal Income | 479,100 | 123,600 | -- | -- | -- |
| Asset Impairment Loss | 23.5M | 4.4M | 10.9M | 2.5M | 6.2M |
| Other Income | 50.2M | 42.9M | 40.1M | 33.7M | 15.8M |
| Income Before Tax | 115.0M | 32.6M | 164.0M | 178.0M | 68.2M |
| Income Tax | -7.2M | 3.3M | 9.6M | 20.8M | 6.1M |
| Net Income | 122.0M | 29.2M | 154.0M | 157.0M | 62.1M |
| Net Margin % | 8.5% | 2.4% | 17.8% | 20.1% | 16.0% |
| Net Income Attributable | 124.0M | 29.4M | 155.0M | 158.0M | 62.1M |
| Minority Interest | -2.2M | -141,900 | -593,100 | -971,500 | -20,000 |
| Eps Basic | 0.29 | 0.07 | 0.38 | 0.42 | 0.18 |
| Eps Diluted | 0.29 | 0.38 | 0.38 | 0.42 | 0.18 |
| 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 | 676.0M | 941.0M | 1.1B | 293.0M | 113.0M |
| Trading Financial Assets | 349.0M | -- | -- | 1.6M | 28.5M |
| Accounts Receivable | 155.0M | 127.0M | 82.7M | 50.3M | 72.3M |
| Notes Receivable | -- | 11.1M | 8.2M | 7.3M | 12.0M |
| Notes And Accounts Receivable | 155.0M | 138.0M | 90.9M | 57.6M | 84.4M |
| Prepayments | 45.8M | 27.3M | 42.5M | 40.4M | 34.8M |
| Inventory | 371.0M | 447.0M | 294.0M | 191.0M | 140.0M |
| Total Current Assets | 1.7B | 1.6B | 1.7B | 630.0M | 422.0M |
| Long Term Equity Investment | 71.9M | 48.1M | 35.4M | -- | -- |
| Fixed Assets | -- | 39.5M | 47.6M | 23.1M | 6.3M |
| Fixed Assets Total | 50.0M | 39.5M | 47.6M | 23.1M | 6.3M |
| Construction In Progress Total | 11.2M | -- | -- | -- | -- |
| Intangible Assets | 46.5M | 18.4M | 23.4M | 11.8M | 904,200 |
| Long Term Deferred Expenses | 7.5M | 5.0M | 4.0M | 3.5M | 2.8M |
| Total Non Current Assets | 453.0M | 356.0M | 193.0M | 177.0M | 135.0M |
| Total Assets | 2.1B | 2.0B | 1.9B | 807.0M | 558.0M |
| Accounts Payable | 48.1M | 61.5M | 36.1M | 45.7M | 13.5M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 4.9M | 6.5M | 9.5M | 2.7M | 484,100 |
| Total Current Liabilities | 122.0M | 142.0M | 105.0M | 123.0M | 51.9M |
| Total Non Current Liabilities | 17.3M | 11.8M | 12.1M | 4.5M | 139,000 |
| Total Liabilities | 139.0M | 153.0M | 117.0M | 127.0M | 52.0M |
| Paid In Capital | 429.0M | 425.0M | 420.0M | 378.0M | 378.0M |
| Capital Reserve | 1.2B | 1.2B | 1.0B | 106.0M | 90.6M |
| Surplus Reserve | 68.2M | 57.2M | 42.6M | 21.2M | 3.9M |
| Retained Earnings | 303.0M | 201.0M | 291.0M | 174.0M | 33.0M |
| Minority Equity | 485,600 | -253,000 | -111,100 | 482,000 | -- |
| Equity Attributable | 2.0B | 1.8B | 1.8B | 679.0M | 506.0M |
| Total Equity | 2.0B | 1.8B | 1.8B | 680.0M | 506.0M |
| 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 | 1.4B | 1.2B | 916.0M | 825.0M | 367.0M |
| Tax Refunds Received | 35.5M | 29.1M | 27.6M | 28.0M | 10.9M |
| Total Operating Cash Inflow | 1.5B | 1.3B | 976.0M | 859.0M | 382.0M |
| Cash Paid For Goods | 862.0M | 955.0M | 743.0M | 450.0M | 313.0M |
| Cash Paid To Employees | 242.0M | 174.0M | 133.0M | 85.3M | 48.5M |
| Taxes Paid | 61.4M | 47.5M | 55.5M | 71.5M | 22.5M |
| Total Operating Cash Outflow | 1.2B | 1.3B | 1.0B | 666.0M | 404.0M |
| Operating Cash Flow | 234.0M | 38.1M | -42.0M | 194.0M | -21.7M |
| Total Investing Cash Inflow | 558.0M | 135.0M | 52.8M | 331.0M | 204.0M |
| Total Investing Cash Outflow | 1.1B | 596.0M | 243.0M | 283.0M | 402.0M |
| Investing Cash Flow | -575.0M | -461.0M | -190.0M | 48.3M | -197.0M |
| Cash From Borrowings | 600,000 | -- | -- | -- | -- |
| Dividends And Interest Paid | 11.8M | 105.0M | 16.0M | -- | 27,500 |
| Total Financing Cash Inflow | 40.6M | 42.7M | 927.0M | 826,000 | 223.0M |
| Total Financing Cash Outflow | 63.3M | 119.0M | 34.4M | 12.6M | 827,500 |
| Financing Cash Flow | -22.6M | -76.3M | 893.0M | -11.7M | 222.0M |
| Net Change In Cash | -364.0M | -500.0M | 661.0M | 230.0M | 2.9M |
| Ending Cash Balance | 38.8M | 403.0M | 903.0M | 242.0M | 11.7M |
| Capex | 69.8M | 37.4M | 59.7M | 31.2M | 7.3M |