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 | 814.0M | 562.0M | 509.0M | 355.0M | 336.0M |
| Revenue Growth % | 44.8% | 10.4% | 43.4% | 5.7% | -- |
| Total Revenue | 814.0M | 562.0M | 509.0M | 355.0M | 336.0M |
| Cost Of Revenue | 502.0M | 338.0M | 293.0M | 213.0M | 170.0M |
| Gross Profit | 312.0M | 224.0M | 216.0M | 142.0M | 166.0M |
| Gross Margin % | 38.3% | 39.9% | 42.4% | 40.0% | 49.4% |
| Total Operating Cost | 733.0M | 502.0M | 420.0M | 317.0M | 263.0M |
| Selling Expenses | 9.6M | 6.1M | 7.9M | 4.4M | 4.1M |
| Admin Expenses | 81.5M | 53.9M | 47.5M | 35.1M | 37.3M |
| Rd Expenses | 97.6M | 82.6M | 60.6M | 41.5M | 31.6M |
| Finance Expenses | -5.1M | -4.1M | -9.2M | 13.7M | 10.6M |
| Operating Income | 87.5M | 69.9M | 106.0M | 44.3M | 79.4M |
| Operating Margin % | 10.7% | 12.4% | 20.8% | 12.5% | 23.6% |
| Non Operating Income | 234,500 | 1.2M | 8.1M | 490,500 | 27,300 |
| Non Operating Expenses | 1.3M | 299,800 | 897,300 | 228,600 | 746,200 |
| Investment Income | 583,400 | 4.0M | 14.0M | 104,600 | 1.1M |
| Fair Value Change Income | 316,500 | -858,700 | 1.1M | -- | -- |
| Asset Disposal Income | -2.7M | -137,700 | 110,000 | -37,300 | 8,700 |
| Asset Impairment Loss | 40.7M | 18.1M | 14.3M | 6.8M | 4.1M |
| Other Income | 8.3M | 7.0M | 3.0M | 6.3M | 5.4M |
| Income Before Tax | 86.5M | 70.8M | 114.0M | 44.6M | 78.7M |
| Income Tax | -3.7M | 2.5M | 17.5M | -1.7M | 9.6M |
| Net Income | 90.2M | 68.3M | 96.2M | 46.3M | 69.1M |
| Net Margin % | 11.1% | 12.2% | 18.9% | 13.0% | 20.6% |
| Net Income Attributable | 74.6M | 58.8M | 94.9M | 47.4M | 68.7M |
| Minority Interest | 15.6M | 9.5M | 1.3M | -1.1M | 391,400 |
| Eps Basic | 0.47 | 0.37 | 0.61 | 0.56 | 1.14 |
| Eps Diluted | 0.47 | 0.37 | 0.61 | 0.56 | 1.14 |
| 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 | 509.0M | 594.0M | 371.0M | 889.0M | 56.0M |
| Trading Financial Assets | 87.5M | -- | 351.0M | -- | -- |
| Accounts Receivable | 270.0M | 261.0M | 185.0M | 116.0M | 133.0M |
| Notes Receivable | 34,200 | 42,500 | 893,400 | 372,200 | -- |
| Notes And Accounts Receivable | 270.0M | 261.0M | 186.0M | 117.0M | 133.0M |
| Prepayments | 1.1M | 604,900 | 924,700 | 3.2M | 1.3M |
| Inventory | 198.0M | 165.0M | 131.0M | 92.4M | 73.9M |
| Total Current Assets | 1.1B | 1.1B | 1.1B | 1.1B | 277.0M |
| Long Term Equity Investment | 53.3M | 54.3M | 50.7M | -- | -- |
| Fixed Assets | -- | 534.0M | 230.0M | 152.0M | 85.9M |
| Fixed Assets Total | 691.0M | 534.0M | 230.0M | 152.0M | 85.9M |
| Construction In Progress | -- | 101.0M | 142.0M | 38.1M | 19.5M |
| Construction In Progress Total | 58.2M | 101.0M | 142.0M | 38.1M | 19.5M |
| Intangible Assets | 32.0M | 26.2M | 27.2M | 28.2M | 27.4M |
| Long Term Deferred Expenses | 48.7M | 39.3M | 30.8M | 31.2M | 21.5M |
| Total Non Current Assets | 1.1B | 961.0M | 625.0M | 373.0M | 179.0M |
| Total Assets | 2.2B | 2.0B | 1.7B | 1.5B | 456.0M |
| Short Term Borrowings | 105.0M | 51.1M | 145.0M | 107.0M | 29.0M |
| Accounts Payable | 218.0M | 250.0M | 118.0M | 91.1M | 67.8M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 5.7M | 7.6M | 1.7M | 182,300 | 1,300 |
| Total Current Liabilities | 503.0M | 467.0M | 319.0M | 273.0M | 131.0M |
| Long Term Borrowings | 276.0M | 232.0M | 40.9M | -- | 5.0M |
| Total Non Current Liabilities | 385.0M | 351.0M | 153.0M | 104.0M | 21.2M |
| Total Liabilities | 888.0M | 818.0M | 472.0M | 378.0M | 152.0M |
| Paid In Capital | 160.0M | 159.0M | 112.0M | 80.0M | 60.0M |
| Capital Reserve | 952.0M | 915.0M | 922.0M | 940.0M | 187.0M |
| Surplus Reserve | 28.2M | 22.3M | 19.5M | 12.9M | 8.0M |
| Retained Earnings | 179.0M | 141.0M | 161.0M | 87.8M | 45.2M |
| Minority Equity | 15.3M | 10.7M | 3.1M | 1.6M | 2.6M |
| Equity Attributable | 1.3B | 1.2B | 1.2B | 1.1B | 301.0M |
| Total Equity | 1.3B | 1.2B | 1.2B | 1.1B | 303.0M |
| 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 | 841.0M | 526.0M | 463.0M | 388.0M | 289.0M |
| Tax Refunds Received | 53.4M | 26.6M | 41.5M | 20.9M | 10.9M |
| Total Operating Cash Inflow | 948.0M | 577.0M | 523.0M | 417.0M | 308.0M |
| Cash Paid For Goods | 446.0M | 216.0M | 209.0M | 161.0M | 135.0M |
| Cash Paid To Employees | 178.0M | 144.0M | 126.0M | 125.0M | 90.6M |
| Taxes Paid | 21.7M | 24.8M | 18.3M | 15.4M | 11.1M |
| Total Operating Cash Outflow | 724.0M | 438.0M | 393.0M | 337.0M | 275.0M |
| Operating Cash Flow | 224.0M | 139.0M | 130.0M | 79.1M | 33.0M |
| Total Investing Cash Inflow | 208.0M | 1.1B | 1.4B | 21.3M | 181.0M |
| Total Investing Cash Outflow | 570.0M | 1.0B | 2.0B | 127.0M | 269.0M |
| Investing Cash Flow | -362.0M | 39.6M | -650.0M | -106.0M | -88.0M |
| Cash From Borrowings | 254.0M | 345.0M | 185.0M | 158.0M | 34.1M |
| Dividends And Interest Paid | 55.5M | 88.5M | 23.0M | 3.3M | 1.6M |
| Debt Repayments | 129.0M | 173.0M | 107.0M | 84.2M | 33.3M |
| Total Financing Cash Inflow | 276.0M | 359.0M | 186.0M | 996.0M | 62.8M |
| Total Financing Cash Outflow | 211.0M | 340.0M | 194.0M | 134.0M | 51.2M |
| Financing Cash Flow | 64.7M | 18.4M | -7.9M | 861.0M | 11.5M |
| Net Change In Cash | -66.1M | 203.0M | -518.0M | 833.0M | -45.8M |
| Ending Cash Balance | 507.0M | 573.0M | 371.0M | 889.0M | 56.0M |
| Capex | 276.0M | 289.0M | 256.0M | 106.0M | 86.6M |