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 | 1.8B | 1.3B | 417.0M | 494.0M | 425.0M |
| Revenue Growth % | 41.3% | 200.0% | -15.6% | 16.2% | -- |
| Total Revenue | 1.8B | 1.3B | 417.0M | 494.0M | 425.0M |
| Cost Of Revenue | 1.3B | 1.1B | 441.0M | 353.0M | 275.0M |
| Gross Profit | 458.0M | 198.0M | -24.0M | 141.0M | 150.0M |
| Gross Margin % | 25.9% | 15.8% | -5.8% | 28.5% | 35.3% |
| Total Operating Cost | 1.7B | 1.4B | 684.0M | 500.0M | 1.1B |
| Selling Expenses | 28.8M | 20.4M | 13.9M | 10.3M | 3.3M |
| Admin Expenses | 176.0M | 154.0M | 106.0M | 56.9M | 699.0M |
| Rd Expenses | 142.0M | 137.0M | 128.0M | 73.7M | 45.5M |
| Finance Expenses | -15.8M | -13.3M | -17.5M | -5.6M | 12.6M |
| Operating Income | 159.0M | -56.7M | -179.0M | 81.8M | -624.0M |
| Operating Margin % | 9.0% | -4.5% | -42.9% | 16.6% | -146.8% |
| Non Operating Income | 777,500 | 566,800 | 2.1M | 2.0M | 714,300 |
| Non Operating Expenses | 213,400 | 49,400 | 50,500 | 22,500 | 12.1M |
| Investment Income | -1.3M | 16.3M | 2.0M | -- | 821,500 |
| Fair Value Change Income | -62,900 | 6.8M | 34.3M | -458,000 | -392,400 |
| Asset Disposal Income | 508,500 | -268,500 | -- | 119,700 | -- |
| Asset Impairment Loss | 22.4M | 15.7M | 9.0M | 5.1M | 329,100 |
| Other Income | 77.4M | 55.8M | 52.0M | 88.7M | 32.5M |
| Income Before Tax | 159.0M | -56.2M | -177.0M | 83.8M | -635.0M |
| Income Tax | -19.8M | -10.4M | -1.3M | -6.1M | 6.4M |
| Net Income | 179.0M | -45.7M | -176.0M | 90.0M | -642.0M |
| Net Margin % | 10.1% | -3.7% | -42.2% | 18.2% | -151.1% |
| Net Income Attributable | 179.0M | -45.7M | -176.0M | 90.0M | -642.0M |
| Minority Interest | -- | -- | -- | -- | -- |
| Eps Basic | 0.42 | -0.11 | -0.41 | 0.23 | -1.66 |
| Eps Diluted | 0.42 | -0.11 | -0.41 | 0.23 | -1.66 |
| 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 | 1.2B | 1.0B | 685.0M | 344.0M | 573.0M |
| Trading Financial Assets | -- | 275.0M | 1.8B | -- | -- |
| Accounts Receivable | 520.0M | 309.0M | 138.0M | 57.8M | 62.6M |
| Notes Receivable | 46.2M | 55.6M | 14.1M | 109.0M | 60.7M |
| Notes And Accounts Receivable | 566.0M | 364.0M | 152.0M | 167.0M | 123.0M |
| Prepayments | 39.1M | 144.0M | 58.7M | 12.0M | 31.2M |
| Inventory | 1.0B | 843.0M | 533.0M | 386.0M | 162.0M |
| Total Current Assets | 3.1B | 2.8B | 3.3B | 990.0M | 1.0B |
| Long Term Equity Investment | 26.9M | 26.6M | -- | -- | -- |
| Fixed Assets | -- | 3.4B | 1.2B | 1.0B | 1.1B |
| Fixed Assets Total | 3.6B | 3.4B | 1.2B | 1.0B | 1.1B |
| Construction In Progress | -- | 205.0M | 1.0B | 264.0M | 40.8M |
| Construction In Progress Total | 94.1M | 205.0M | 1.0B | 264.0M | 40.8M |
| Intangible Assets | 275.0M | 273.0M | 253.0M | 254.0M | 258.0M |
| Long Term Deferred Expenses | 38.3M | 15.9M | 15.3M | -- | -- |
| Total Non Current Assets | 4.2B | 4.1B | 2.5B | 1.6B | 1.4B |
| Total Assets | 7.4B | 6.9B | 5.9B | 2.6B | 2.5B |
| Short Term Borrowings | 600.0M | 3.1M | -- | -- | -- |
| Accounts Payable | 617.0M | 703.0M | 185.0M | 51.6M | 115.0M |
| Advance Receipts | 893,500 | -- | -- | -- | -- |
| Contract Liabilities | 45.2M | 99.3M | 22.4M | 2.5M | 4.7M |
| Total Current Liabilities | 1.5B | 1.3B | 313.0M | 124.0M | 171.0M |
| Long Term Borrowings | 85.7M | -- | -- | -- | -- |
| Total Non Current Liabilities | 501.0M | 381.0M | 290.0M | 272.0M | 164.0M |
| Total Liabilities | 2.0B | 1.7B | 603.0M | 396.0M | 335.0M |
| Paid In Capital | 430.0M | 430.0M | 430.0M | 387.0M | 387.0M |
| Capital Reserve | 5.1B | 5.1B | 5.1B | 1.9B | 1.9B |
| Surplus Reserve | 12.8M | 8.3M | 8.3M | 8.3M | -- |
| Retained Earnings | -123.0M | -298.0M | -252.0M | -76.0M | -158.0M |
| Minority Equity | -- | -- | -- | -- | -- |
| Equity Attributable | 5.3B | 5.2B | 5.2B | 2.2B | 2.1B |
| Total Equity | 5.3B | 5.2B | 5.2B | 2.2B | 2.1B |
| 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 | 1.6B | 1.1B | 499.0M | 498.0M | 337.0M |
| Tax Refunds Received | 31.2M | 19.0M | 3.7M | 6.8M | 676,800 |
| Total Operating Cash Inflow | 1.9B | 1.4B | 690.0M | 773.0M | 398.0M |
| Cash Paid For Goods | 1.3B | 893.0M | 552.0M | 522.0M | 348.0M |
| Cash Paid To Employees | 290.0M | 229.0M | 120.0M | 86.5M | 54.8M |
| Taxes Paid | 26.3M | 15.9M | 9.4M | 9.9M | 68.4M |
| Total Operating Cash Outflow | 1.8B | 1.4B | 749.0M | 662.0M | 520.0M |
| Operating Cash Flow | 65.9M | 13.0M | -58.8M | 111.0M | -122.0M |
| Total Investing Cash Inflow | 289.0M | 3.0B | 576.0M | 185,900 | 50.9M |
| Total Investing Cash Outflow | 581.0M | 2.9B | 3.4B | 339.0M | 491.0M |
| Investing Cash Flow | -293.0M | 123.0M | -2.8B | -339.0M | -440.0M |
| Cash From Borrowings | 700.0M | -- | -- | -- | 315.0M |
| Dividends And Interest Paid | 7.4M | -- | -- | -- | 24.5M |
| Debt Repayments | 5.0M | -- | -- | -- | 887.0M |
| Total Financing Cash Inflow | 700.0M | 3.1M | 3.2B | -- | 2.0B |
| Total Financing Cash Outflow | 129.0M | 9.1M | 59.8M | 1.0M | 1.2B |
| Financing Cash Flow | 571.0M | -6.0M | 3.2B | -1.0M | 849.0M |
| Net Change In Cash | 344.0M | 129.0M | 340.0M | -230.0M | 287.0M |
| Ending Cash Balance | 1.2B | 812.0M | 682.0M | 343.0M | 573.0M |
| Capex | 568.0M | 1.4B | 1.0B | 336.0M | 374.0M |