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 | 750.0M | 678.0M | 445.0M | 347.0M | 263.0M |
| Revenue Growth % | 10.6% | 52.4% | 28.2% | 31.9% | -- |
| Total Revenue | 750.0M | 678.0M | 445.0M | 347.0M | 263.0M |
| Cost Of Revenue | 239.0M | 205.0M | 135.0M | 107.0M | 86.0M |
| Gross Profit | 511.0M | 473.0M | 310.0M | 240.0M | 177.0M |
| Gross Margin % | 68.1% | 69.8% | 69.7% | 69.2% | 67.3% |
| Total Operating Cost | 805.0M | 678.0M | 456.0M | 311.0M | 248.0M |
| Selling Expenses | 250.0M | 205.0M | 132.0M | 73.0M | 55.7M |
| Admin Expenses | 109.0M | 90.9M | 84.3M | 70.4M | 61.3M |
| Rd Expenses | 164.0M | 147.0M | 96.5M | 49.4M | 39.2M |
| Finance Expenses | 81,000 | -2.6M | -6.2M | 1.9M | 907,900 |
| Operating Income | 7.0M | 54.3M | 11.4M | 57.8M | 24.9M |
| Operating Margin % | 0.9% | 8.0% | 2.6% | 16.6% | 9.5% |
| Non Operating Income | 212,100 | 4,000 | 5.9M | 73,600 | 132,000 |
| Non Operating Expenses | 829,500 | 433,300 | 252,000 | 133,000 | 579,900 |
| Investment Income | 6.4M | 3.6M | 6.1M | 911,300 | 967,000 |
| Fair Value Change Income | 3.9M | 7.9M | 7.8M | 33,200 | -- |
| Asset Disposal Income | 260,400 | -749,100 | 138,600 | 388,900 | 279,700 |
| Asset Impairment Loss | 24.0M | 18.0M | 6.5M | 4.1M | 4.2M |
| Other Income | 51.7M | 43.1M | 8.3M | 20.9M | 8.8M |
| Income Before Tax | 6.4M | 53.9M | 17.0M | 57.7M | 24.4M |
| Income Tax | -13.9M | -6.9M | -8.1M | -2.1M | 3.7M |
| Net Income | 20.3M | 60.8M | 25.1M | 59.8M | 20.7M |
| Net Margin % | 2.7% | 9.0% | 5.6% | 17.2% | 7.9% |
| Net Income Attributable | 21.0M | 57.9M | 21.7M | 57.0M | 18.5M |
| Minority Interest | -688,900 | 2.9M | 3.4M | 2.7M | 2.2M |
| Eps Basic | 0.16 | 0.43 | 0.16 | 0.55 | 0.19 |
| Eps Diluted | 0.16 | 0.43 | 0.16 | 0.55 | 0.19 |
| 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 | 267.0M | 245.0M | 230.0M | 767.0M | 177.0M |
| Trading Financial Assets | 127.0M | 334.0M | 443.0M | 46.0M | -- |
| Accounts Receivable | 272.0M | 193.0M | 128.0M | 69.1M | 32.1M |
| Notes Receivable | 1.5M | 1.6M | -- | -- | 3.0M |
| Notes And Accounts Receivable | 274.0M | 194.0M | 128.0M | 69.1M | 35.2M |
| Prepayments | 8.5M | 6.0M | 7.2M | 4.6M | 2.9M |
| Inventory | 230.0M | 200.0M | 180.0M | 97.2M | 101.0M |
| Total Current Assets | 993.0M | 1.0B | 1.0B | 997.0M | 336.0M |
| Long Term Equity Investment | 4.5M | 4.0M | 3.2M | 6.7M | 6.4M |
| Fixed Assets | -- | 254.0M | 172.0M | 151.0M | 130.0M |
| Fixed Assets Total | 284.0M | 254.0M | 172.0M | 151.0M | 130.0M |
| Construction In Progress | -- | 31.5M | 66.4M | 31.9M | 16.2M |
| Construction In Progress Total | 211.0M | 31.5M | 66.4M | 31.9M | 16.2M |
| Intangible Assets | 81.7M | 83.4M | 64.7M | 62.1M | 43.4M |
| Long Term Deferred Expenses | 19.6M | 14.1M | 9.4M | 8.6M | 9.0M |
| Total Non Current Assets | 756.0M | 587.0M | 441.0M | 352.0M | 285.0M |
| Total Assets | 1.7B | 1.6B | 1.5B | 1.3B | 621.0M |
| Short Term Borrowings | 97.8M | -- | -- | -- | -- |
| Accounts Payable | 63.8M | 56.1M | 50.0M | 15.4M | 23.8M |
| Advance Receipts | -- | -- | -- | 27,000 | -- |
| Contract Liabilities | 3.9M | 1.3M | 6.6M | 7.9M | 5.9M |
| Total Current Liabilities | 282.0M | 142.0M | 130.0M | 59.0M | 53.2M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 85.9M | 58.1M | 48.0M | 31.4M | 23.0M |
| Total Liabilities | 368.0M | 200.0M | 178.0M | 90.4M | 76.2M |
| Paid In Capital | 135.0M | 134.0M | 133.0M | 133.0M | 100.0M |
| Capital Reserve | 1.1B | 1.1B | 1.0B | 997.0M | 368.0M |
| Surplus Reserve | 16.9M | 14.1M | 6.8M | 5.7M | 883,100 |
| Retained Earnings | 140.0M | 162.0M | 112.0M | 117.0M | 64.6M |
| Minority Equity | 14.4M | 15.2M | 13.8M | 10.3M | 10.5M |
| Equity Attributable | 1.4B | 1.4B | 1.3B | 1.2B | 534.0M |
| Total Equity | 1.4B | 1.4B | 1.3B | 1.3B | 545.0M |
| 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 | 691.0M | 687.0M | 438.0M | 349.0M | 347.0M |
| Tax Refunds Received | 10.9M | 11.1M | 14.3M | 7.6M | 5.2M |
| Total Operating Cash Inflow | 789.0M | 751.0M | 478.0M | 385.0M | 379.0M |
| Cash Paid For Goods | 303.0M | 227.0M | 223.0M | 111.0M | 109.0M |
| Cash Paid To Employees | 324.0M | 244.0M | 162.0M | 102.0M | 91.9M |
| Taxes Paid | 38.9M | 64.0M | 25.6M | 30.8M | 12.7M |
| Total Operating Cash Outflow | 868.0M | 714.0M | 520.0M | 319.0M | 307.0M |
| Operating Cash Flow | -78.9M | 37.4M | -41.9M | 66.2M | 71.5M |
| Total Investing Cash Inflow | 433.0M | 636.0M | 903.0M | 167.0M | 119.0M |
| Total Investing Cash Outflow | 402.0M | 664.0M | 1.4B | 302.0M | 175.0M |
| Investing Cash Flow | 31.6M | -27.9M | -460.0M | -135.0M | -55.8M |
| Cash From Borrowings | 106.0M | -- | -- | -- | -- |
| Dividends And Interest Paid | 41.6M | 1.6M | 25.3M | 3.4M | -- |
| Debt Repayments | 10.0M | -- | -- | -- | -- |
| Total Financing Cash Inflow | 119.0M | 15.5M | -- | 691.0M | -- |
| Total Financing Cash Outflow | 65.2M | 11.1M | 34.5M | 32.6M | -- |
| Financing Cash Flow | 53.4M | 4.3M | -34.5M | 659.0M | -- |
| Net Change In Cash | 5.7M | 14.4M | -537.0M | 590.0M | 14.5M |
| Ending Cash Balance | 250.0M | 245.0M | 230.0M | 767.0M | 177.0M |
| Capex | 187.0M | 158.0M | 78.8M | 91.6M | 61.8M |