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 | 3.6B | 1.6B | 1.7B | 1.7B | 1.3B |
| Revenue Growth % | 123.6% | -6.6% | 3.2% | 30.7% | -- |
| Total Revenue | 3.6B | 1.6B | 1.7B | 1.7B | 1.3B |
| Cost Of Revenue | 1.7B | 839.0M | 813.0M | 778.0M | 567.0M |
| Gross Profit | 1.9B | 769.0M | 908.0M | 889.0M | 708.0M |
| Gross Margin % | 51.6% | 47.8% | 52.8% | 53.3% | 55.5% |
| Total Operating Cost | 3.3B | 2.0B | 1.8B | 1.6B | 1.1B |
| Selling Expenses | 604.0M | 480.0M | 482.0M | 375.0M | 257.0M |
| Admin Expenses | 300.0M | 169.0M | 150.0M | 147.0M | 121.0M |
| Rd Expenses | 541.0M | 447.0M | 322.0M | 232.0M | 162.0M |
| Finance Expenses | 23.4M | -1.6M | -3.7M | 4.8M | -1.6M |
| Operating Income | 407.0M | -293.0M | 95.7M | 212.0M | 209.0M |
| Operating Margin % | 11.3% | -18.2% | 5.6% | 12.7% | 16.4% |
| Non Operating Income | 2.7M | 13,000 | 1,800 | 145,400 | 78,300 |
| Non Operating Expenses | 9.3M | 1.7M | 133,200 | 137,100 | 4.0M |
| Investment Income | 6.5M | 21.1M | 30.8M | 18.1M | 14.4M |
| Fair Value Change Income | 11.6M | 5.0M | 50.7M | 43.6M | -- |
| Asset Disposal Income | -666,400 | -249,200 | -264,200 | 24,500 | -494,700 |
| Asset Impairment Loss | -32.1M | 15.2M | 18.3M | 34.9M | 15.2M |
| Other Income | 82.4M | 99.4M | 104.0M | 77.7M | 59.8M |
| Income Before Tax | 401.0M | -294.0M | 95.6M | 212.0M | 205.0M |
| Income Tax | -15.5M | -2.7M | -2.0M | 31.0M | 34.8M |
| Net Income | 416.0M | -292.0M | 97.5M | 181.0M | 170.0M |
| Net Margin % | 11.6% | -18.2% | 5.7% | 10.9% | 13.3% |
| Net Income Attributable | 9.6M | -291.0M | 98.5M | 179.0M | 170.0M |
| Minority Interest | 406.0M | -452,000 | -936,800 | 2.6M | -39,200 |
| Eps Basic | 0.02 | -0.73 | 0.25 | 0.50 | 0.48 |
| Eps Diluted | -- | -- | -- | 0.50 | 0.48 |
| 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 | 2.6B | 1.1B | 2.0B | 1.3B | 1.2B |
| Trading Financial Assets | 445.0M | 100.0M | -- | -- | -- |
| Accounts Receivable | 2.5B | 854.0M | 476.0M | 280.0M | 184.0M |
| Notes Receivable | 513.0M | 18.0M | 9.6M | 17.7M | 9.1M |
| Notes And Accounts Receivable | 3.0B | 872.0M | 486.0M | 297.0M | 193.0M |
| Prepayments | 163.0M | 59.1M | 84.0M | 26.7M | 16.1M |
| Inventory | 565.0M | 359.0M | 314.0M | 263.0M | 298.0M |
| Total Current Assets | 10.4B | 2.6B | 3.2B | 2.1B | 1.8B |
| Long Term Equity Investment | 50.2M | -- | -- | -- | -- |
| Fixed Assets | -- | 44.3M | 42.7M | 40.5M | 26.1M |
| Fixed Assets Total | 617.0M | 44.3M | 42.7M | 40.5M | 26.1M |
| Intangible Assets | 761.0M | 70.5M | 52.2M | 35.4M | 24.2M |
| Long Term Deferred Expenses | 65.4M | 18.8M | 23.0M | 23.6M | 14.5M |
| Total Non Current Assets | 3.0B | 759.0M | 442.0M | 405.0M | 130.0M |
| Total Assets | 13.4B | 3.4B | 3.7B | 2.5B | 2.0B |
| Short Term Borrowings | 136.0M | 28.6M | -- | -- | -- |
| Accounts Payable | 1.1B | 318.0M | 202.0M | 162.0M | 86.9M |
| Advance Receipts | 1.7M | -- | -- | -- | -- |
| Contract Liabilities | 559.0M | 266.0M | 287.0M | 322.0M | 335.0M |
| Total Current Liabilities | 4.8B | 991.0M | 917.0M | 871.0M | 707.0M |
| Long Term Borrowings | 743.0M | 172.0M | -- | -- | -- |
| Total Non Current Liabilities | 1.9B | 280.0M | 118.0M | 158.0M | 33.0M |
| Total Liabilities | 6.8B | 1.3B | 1.0B | 1.0B | 740.0M |
| Paid In Capital | 400.0M | 400.0M | 400.0M | 360.0M | 360.0M |
| Capital Reserve | 1.6B | 1.5B | 1.5B | 363.0M | 313.0M |
| Surplus Reserve | 20.8M | 20.8M | 20.8M | 6.3M | -- |
| Retained Earnings | 436.0M | 427.0M | 727.0M | 731.0M | 558.0M |
| Minority Equity | 4.4B | 11.8M | 1.3M | 2.5M | -39,200 |
| Equity Attributable | 2.2B | 2.1B | 2.6B | 1.5B | 1.2B |
| Total Equity | 6.6B | 2.1B | 2.6B | 1.5B | 1.2B |
| 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 | 3.7B | 1.6B | 1.5B | 1.6B | 1.2B |
| Tax Refunds Received | 42.9M | 57.2M | 64.3M | 34.8M | 32.8M |
| Total Operating Cash Inflow | 3.9B | 1.7B | 1.7B | 1.7B | 1.3B |
| Cash Paid For Goods | 680.0M | 553.0M | 450.0M | 297.0M | 146.0M |
| Cash Paid To Employees | 1.5B | 1.2B | 1.1B | 858.0M | 612.0M |
| Taxes Paid | 183.0M | 120.0M | 125.0M | 125.0M | 131.0M |
| Total Operating Cash Outflow | 2.7B | 2.1B | 1.9B | 1.5B | 1.1B |
| Operating Cash Flow | 1.1B | -379.0M | -261.0M | 144.0M | 205.0M |
| Total Investing Cash Inflow | 730.0M | 3.8B | 6.1B | 3.2B | 1.9B |
| Total Investing Cash Outflow | 1.7B | 4.2B | 6.2B | 3.3B | 1.9B |
| Investing Cash Flow | -960.0M | -431.0M | -30.5M | -75.6M | -9.0M |
| Cash From Borrowings | 1.1B | 210.0M | -- | -- | -- |
| Dividends And Interest Paid | 11.9M | 9.9M | 56.0M | -- | -- |
| Debt Repayments | 393.0M | 50,000 | -- | -- | -- |
| Total Financing Cash Inflow | 1.7B | 210.0M | 1.1B | -- | 450.0M |
| Total Financing Cash Outflow | 523.0M | 338.0M | 125.0M | 31.3M | -- |
| Financing Cash Flow | 1.2B | -127.0M | 1.0B | -31.3M | 450.0M |
| Net Change In Cash | 1.3B | -938.0M | 734.0M | 36.4M | 646.0M |
| Ending Cash Balance | 2.4B | 1.1B | 2.0B | 1.3B | 1.2B |
| Capex | 37.3M | 44.0M | 48.0M | 52.2M | 23.5M |