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 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Revenue | 3.0B | 2.5B | 1.8B | 1.4B | 1.1B | 582.0M | 304.0M |
| Revenue Growth % | 18.8% | 41.7% | 29.2% | 24.2% | 91.6% | 91.4% | -- |
| Total Revenue | 3.0B | 2.5B | 1.8B | 1.4B | 1.1B | 582.0M | 304.0M |
| Cost Of Revenue | 2.1B | 1.8B | 1.3B | 968.0M | 813.0M | 419.0M | 225.0M |
| Gross Profit | 929.0M | 720.0M | 531.0M | 417.0M | 302.0M | 163.0M | 79.0M |
| Gross Margin % | 30.8% | 28.4% | 29.7% | 30.1% | 27.1% | 28.0% | 26.0% |
| Total Operating Cost | 2.6B | 2.2B | 1.6B | 1.2B | 1.0B | 531.0M | 291.0M |
| Selling Expenses | 104.0M | 77.1M | 81.1M | 63.4M | 43.6M | 20.9M | 10.2M |
| Admin Expenses | 218.0M | 187.0M | 125.0M | 105.0M | 83.4M | 50.4M | 29.6M |
| Rd Expenses | 223.0M | 163.0M | 121.0M | 94.0M | 69.7M | 36.1M | 18.4M |
| Finance Expenses | -15.9M | -28.8M | -35.0M | -20.9M | -3.8M | -143,400 | 575,500 |
| Operating Income | 411.0M | 311.0M | 218.0M | 157.0M | 103.0M | 51.3M | 12.8M |
| Operating Margin % | 13.6% | 12.3% | 12.2% | 11.3% | 9.2% | 8.8% | 4.2% |
| Non Operating Income | 1.6M | 4.4M | 3.0M | 156,600 | 0.00 | 5,100 | 1.7M |
| Non Operating Expenses | 2.1M | 1.0M | 55,800 | 200.00 | 5.2M | 67,900 | 2,900 |
| Investment Income | 22.7M | 7.7M | -81,100 | 274,000 | 388,300 | 541,700 | -171,200 |
| Fair Value Change Income | 572,900 | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 478,500 | -26,600 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 2.6M | 2.0M | 2.6M | 8.8M | 3.3M | -- | 5.7M |
| Other Income | 6.9M | 13.2M | 2.1M | 3.6M | 740,200 | -- | -- |
| Income Before Tax | 410.0M | 314.0M | 221.0M | 158.0M | 97.6M | 51.3M | 14.4M |
| Income Tax | 39.8M | 30.2M | 15.2M | 14.6M | 10.5M | 7.8M | 863,400 |
| Net Income | 371.0M | 284.0M | 206.0M | 143.0M | 87.1M | 43.5M | 13.5M |
| Net Margin % | 12.3% | 11.2% | 11.5% | 10.3% | 7.8% | 7.5% | 4.5% |
| Net Income Attributable | 365.0M | 281.0M | 206.0M | 143.0M | 87.1M | 43.5M | 13.5M |
| Minority Interest | 5.5M | 2.6M | -- | -- | -- | -- | -- |
| Eps Basic | 0.65 | 0.50 | 0.36 | 0.30 | 0.26 | -- | -- |
| Eps Diluted | 0.65 | 0.50 | 0.36 | 0.30 | 0.26 | -- | -- |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.7B | 2.2B | 1.8B | 2.3B | 1.4B | 11.6M | 14.8M |
| Trading Financial Assets | 701.0M | 300.0M | 568.0M | -- | -- | -- | -- |
| Accounts Receivable | 511.0M | 418.0M | 385.0M | 257.0M | 83.2M | 158.0M | 156.0M |
| Notes Receivable | 4.1M | 32.3M | 4.7M | 3.6M | 69.0M | 19.5M | 2.6M |
| Notes And Accounts Receivable | 515.0M | 450.0M | 389.0M | 261.0M | 152.0M | 178.0M | 158.0M |
| Prepayments | 10.0M | 31.5M | 49.5M | 28.5M | 43.8M | 8.9M | 5.1M |
| Inventory | 799.0M | 870.0M | 404.0M | 228.0M | 150.0M | 49.9M | 26.6M |
| Total Current Assets | 3.9B | 4.0B | 3.4B | 2.9B | 1.8B | 774.0M | 300.0M |
| Long Term Equity Investment | 175.0M | 68.6M | -- | 5.6M | 5.3M | 5.0M | 39.7M |
| Fixed Assets | -- | 220.0M | 128.0M | 92.7M | 79.1M | 71.3M | 32.0M |
| Fixed Assets Total | 285.0M | 220.0M | 128.0M | 92.7M | 79.1M | 71.3M | 32.0M |
| Construction In Progress | -- | 1.9M | 3.8M | 6.2M | 4.6M | 1.6M | 2.3M |
| Construction In Progress Total | 4.6M | 1.9M | 3.8M | 6.2M | 4.6M | 1.6M | 2.3M |
| Intangible Assets | 122.0M | 97.3M | 41.6M | 31.5M | 28.0M | 18.2M | 17.1M |
| Long Term Deferred Expenses | 38.4M | 39.8M | 19.9M | 16.3M | 17.0M | 6.6M | -- |
| Total Non Current Assets | 856.0M | 636.0M | 320.0M | 283.0M | 147.0M | 105.0M | 92.8M |
| Total Assets | 4.7B | 4.6B | 3.7B | 3.2B | 2.0B | 879.0M | 393.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- | -- | 50.0M |
| Accounts Payable | 787.0M | 710.0M | 407.0M | 355.0M | 256.0M | 196.0M | 146.0M |
| Advance Receipts | -- | -- | 90,000 | 430,400 | -- | 106.0M | 28.1M |
| Contract Liabilities | 637.0M | 791.0M | 490.0M | 173.0M | 132.0M | -- | -- |
| Total Current Liabilities | 1.5B | 1.6B | 1.0B | 683.0M | 605.0M | 372.0M | 253.0M |
| Total Non Current Liabilities | 168.0M | 158.0M | 69.9M | 43.4M | 12.7M | 5.4M | 1.7M |
| Total Liabilities | 1.7B | 1.8B | 1.1B | 727.0M | 617.0M | 378.0M | 255.0M |
| Paid In Capital | 565.0M | 565.0M | 565.0M | 565.0M | 480.0M | 336.0M | 36.3M |
| Capital Reserve | 1.7B | 1.7B | 1.7B | 1.7B | 810.0M | 90.9M | 71.1M |
| Surplus Reserve | 98.5M | 68.1M | 42.9M | 23.0M | 8.7M | 10.0M | 5.7M |
| Retained Earnings | 610.0M | 451.0M | 267.0M | 129.0M | 58.9M | 64.1M | 24.9M |
| Minority Equity | 37.1M | 22.6M | -- | -- | -- | -- | -- |
| Equity Attributable | 3.0B | 2.8B | 2.6B | 2.4B | 1.4B | 501.0M | 138.0M |
| Total Equity | 3.0B | 2.8B | 2.6B | 2.4B | 1.4B | 501.0M | 138.0M |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 |
|---|---|---|---|---|---|---|---|
| Cash From Sales | 3.0B | 3.1B | 2.2B | 1.3B | 1.1B | 679.0M | 242.0M |
| Total Operating Cash Inflow | 3.1B | 3.2B | 2.3B | 1.3B | 1.2B | 682.0M | 243.0M |
| Cash Paid For Goods | 1.9B | 2.0B | 1.5B | 933.0M | 686.0M | 356.0M | 90.1M |
| Cash Paid To Employees | 430.0M | 338.0M | 240.0M | 196.0M | 140.0M | 93.9M | 58.8M |
| Taxes Paid | 165.0M | 55.4M | 99.9M | 48.4M | 48.7M | 29.4M | 12.1M |
| Total Operating Cash Outflow | 2.8B | 2.6B | 1.9B | 1.3B | 978.0M | 508.0M | 181.0M |
| Operating Cash Flow | 368.0M | 521.0M | 304.0M | 6.3M | 174.0M | 174.0M | 62.1M |
| Total Investing Cash Inflow | 317.0M | 574.0M | 5.7M | 0.00 | 774.0M | 578.0M | 193.0M |
| Total Investing Cash Outflow | 981.0M | 614.0M | 678.0M | 48.8M | 340.0M | 1.0B | 295.0M |
| Investing Cash Flow | -665.0M | -40.5M | -673.0M | -48.8M | 434.0M | -426.0M | -102.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- | -- | 50.0M |
| Dividends And Interest Paid | 175.0M | 70.6M | 48.0M | 58.6M | 262,100 | 1.0M | 957,000 |
| Debt Repayments | -- | -- | -- | -- | -- | 50.0M | -- |
| Total Financing Cash Inflow | 9.0M | -- | -- | 1.0B | 767.0M | 300.0M | 50.0M |
| Total Financing Cash Outflow | 209.0M | 104.0M | 75.5M | 75.3M | 262,100 | 51.0M | 957,000 |
| Financing Cash Flow | -200.0M | -104.0M | -75.5M | 928.0M | 767.0M | 249.0M | 49.0M |
| Net Change In Cash | -497.0M | 376.0M | -444.0M | 885.0M | 1.4B | -3.2M | 9.8M |
| Ending Cash Balance | 1.7B | 2.2B | 1.8B | 2.3B | 1.4B | 10.5M | 13.7M |
| Capex | 180.0M | 122.0M | 84.9M | 48.8M | 76.2M | 13.1M | 2.8M |