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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2.8B | 2.1B | 1.5B | 1.1B | 794.0M | 730.0M | 448.0M | 323.0M | 280.0M |
| Revenue Growth % | 34.1% | 37.5% | 34.9% | 42.6% | 8.8% | 62.9% | 38.7% | 15.4% | -- |
| Total Revenue | 2.8B | 2.1B | 1.5B | 1.1B | 794.0M | 730.0M | 448.0M | 323.0M | 280.0M |
| Cost Of Revenue | 184.0M | 140.0M | 169.0M | 125.0M | 83.6M | 80.0M | 55.9M | 41.7M | 30.7M |
| Gross Profit | 2.6B | 2.0B | 1.4B | 1.0B | 710.4M | 650.0M | 392.1M | 281.3M | 249.3M |
| Gross Margin % | 93.5% | 93.3% | 88.9% | 89.0% | 89.5% | 89.0% | 87.5% | 87.1% | 89.0% |
| Total Operating Cost | 1.9B | 1.4B | 1.2B | 910.0M | 667.0M | 629.0M | 425.0M | 325.0M | 250.0M |
| Selling Expenses | 1.1B | 849.0M | 703.0M | 598.0M | 429.0M | 420.0M | 267.0M | 203.0M | 153.0M |
| Admin Expenses | 278.0M | 210.0M | 138.0M | 103.0M | 74.4M | 61.7M | 53.7M | 50.6M | 47.6M |
| Rd Expenses | 295.0M | 230.0M | 150.0M | 81.5M | 76.7M | 53.4M | 40.6M | 18.9M | 8.9M |
| Finance Expenses | -2.2M | -4.8M | -4.2M | -1.1M | 852,300 | 8.1M | 7.6M | 6.4M | 5.1M |
| Operating Income | 971.0M | 681.0M | 407.0M | 249.0M | 158.0M | 116.0M | 34.7M | 10.0M | 30.0M |
| Operating Margin % | 34.5% | 32.4% | 26.7% | 22.0% | 19.9% | 15.9% | 7.7% | 3.1% | 10.7% |
| Non Operating Income | 682,300 | 453,100 | 307,100 | 165,900 | 170,200 | 50,200 | 288,000 | 8,900 | 3.6M |
| Non Operating Expenses | 40.4M | 40.5M | 51.3M | 33.4M | 19.2M | 25.1M | 20.7M | 2.4M | 686,300 |
| Investment Income | 4.1M | 3.5M | 3.5M | 5.0M | 883,300 | -- | -- | -- | 3,789 |
| Fair Value Change Income | 882,900 | 2.7M | 397,600 | 1.8M | 4.0M | -- | -- | -- | -- |
| Asset Disposal Income | 65,400 | 8,800 | 96,100 | 30,400 | 34,700 | 1,700 | 7,900 | -- | -187,100 |
| Asset Impairment Loss | -- | 12.8M | -- | -- | -- | -- | -1.5M | 2.0M | 3.5M |
| Other Income | 33.6M | 23.0M | 38.9M | 19.2M | 26.8M | 15.5M | 11.8M | 11.8M | -- |
| Income Before Tax | 931.0M | 641.0M | 356.0M | 215.0M | 139.0M | 91.0M | 14.3M | 7.7M | 32.9M |
| Income Tax | 103.0M | 85.2M | 68.9M | 34.1M | 22.5M | 26.7M | -1.7M | 2.5M | 3.6M |
| Net Income | 828.0M | 555.0M | 287.0M | 181.0M | 117.0M | 64.3M | 16.0M | 5.2M | 29.3M |
| Net Margin % | 29.4% | 26.4% | 18.8% | 16.0% | 14.7% | 8.8% | 3.6% | 1.6% | 10.5% |
| Net Income Attributable | 828.0M | 555.0M | 287.0M | 181.0M | 117.0M | 64.3M | 16.0M | 5.2M | 29.3M |
| Eps Basic | 2.03 | 1.37 | 0.71 | 0.45 | 0.29 | 0.18 | 0.04 | 0.01 | 0.09 |
| Eps Diluted | 2.03 | 1.37 | 0.71 | 0.45 | 0.29 | 0.18 | -- | 0.01 | 0.09 |
| 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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 372.0M | 413.0M | 301.0M | 285.0M | 197.0M | 206.0M | 145.0M | 83.8M | 135.0M |
| Trading Financial Assets | 290.0M | 257.0M | 271.0M | 196.0M | 268.0M | -- | -- | -- | -- |
| Accounts Receivable | 771.0M | 438.0M | 217.0M | 186.0M | 163.0M | 124.0M | 111.0M | 150.0M | 122.0M |
| Notes Receivable | 37.0M | 3.2M | 6.0M | 19.9M | 22.1M | 17.0M | 40.9M | 10.9M | 3.7M |
| Notes And Accounts Receivable | 809.0M | 441.0M | 223.0M | 206.0M | 185.0M | 141.0M | 152.0M | 161.0M | 125.0M |
| Prepayments | 38.8M | 23.4M | 8.9M | 6.9M | 10.4M | 11.8M | 3.8M | 595,200 | 1.6M |
| Inventory | 264.0M | 187.0M | 130.0M | 116.0M | 99.6M | 70.6M | 55.3M | 41.4M | 31.0M |
| Total Current Assets | 1.8B | 1.3B | 956.0M | 834.0M | 773.0M | 445.0M | 374.0M | 295.0M | 302.0M |
| Fixed Assets | -- | 299.0M | 244.0M | 61.0M | 58.3M | 59.0M | 66.6M | 72.9M | 84.3M |
| Fixed Assets Total | 497.0M | 299.0M | 244.0M | 61.0M | 58.3M | 59.0M | 66.6M | 72.9M | 84.3M |
| Construction In Progress | -- | 184.0M | 136.0M | 118.0M | 68.4M | 37.2M | 7.5M | 1.7M | 1.5M |
| Construction In Progress Total | 182.0M | 184.0M | 136.0M | 118.0M | 68.4M | 37.2M | 7.5M | 1.7M | 1.5M |
| Intangible Assets | 171.0M | 192.0M | 122.0M | 147.0M | 172.0M | 196.0M | 220.0M | 245.0M | 108.0M |
| Long Term Deferred Expenses | 12.3M | 15.6M | 8.9M | 6.3M | 1.1M | 1.1M | 295,500 | 450,100 | 1.3M |
| Total Non Current Assets | 1.2B | 1.0B | 814.0M | 590.0M | 420.0M | 345.0M | 334.0M | 342.0M | 341.0M |
| Total Assets | 3.0B | 2.4B | 1.8B | 1.4B | 1.2B | 790.0M | 708.0M | 637.0M | 643.0M |
| Short Term Borrowings | -- | -- | -- | 10.0M | 18.9M | 60.1M | 70.0M | 80.0M | 85.0M |
| Accounts Payable | 60.1M | 40.6M | 97.3M | 39.3M | 18.9M | 20.3M | 10.1M | 3.2M | 3.9M |
| Advance Receipts | -- | -- | -- | -- | -- | 6.6M | 2.3M | 510,100 | 756,300 |
| Contract Liabilities | 63.1M | 60.1M | 7.2M | 5.2M | 3.3M | -- | -- | -- | -- |
| Total Current Liabilities | 421.0M | 404.0M | 268.0M | 177.0M | 115.0M | 151.0M | 130.0M | 119.0M | 132.0M |
| Total Non Current Liabilities | 76.5M | 76.0M | 94.4M | 85.7M | 77.4M | 75.5M | 78.5M | 35.3M | 32.3M |
| Total Liabilities | 497.0M | 480.0M | 362.0M | 263.0M | 192.0M | 226.0M | 209.0M | 154.0M | 164.0M |
| Paid In Capital | 407.0M | 407.0M | 407.0M | 407.0M | 407.0M | 360.0M | 360.0M | 360.0M | 360.0M |
| Capital Reserve | 413.0M | 397.0M | 397.0M | 397.0M | 397.0M | 113.0M | 113.0M | 113.0M | 113.0M |
| Surplus Reserve | 183.0M | 118.0M | 73.0M | 45.7M | 28.7M | 18.2M | 12.6M | 11.2M | 10.6M |
| Retained Earnings | 1.6B | 955.0M | 531.0M | 312.0M | 168.0M | 72.0M | 13.3M | -1.3M | -5.9M |
| Equity Attributable | 2.6B | 1.9B | 1.4B | 1.2B | 1.0B | 564.0M | 499.0M | 483.0M | 478.0M |
| Total Equity | 2.6B | 1.9B | 1.4B | 1.2B | 1.0B | 564.0M | 499.0M | 483.0M | 478.0M |
| 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 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.5B | 2.0B | 1.6B | 1.2B | 774.0M | 757.0M | 477.0M | 296.0M | 239.0M |
| Tax Refunds Received | 813,500 | 1.6M | 892,200 | -- | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 2.6B | 2.0B | 1.6B | 1.2B | 803.0M | 775.0M | 528.0M | 313.0M | 310.0M |
| Cash Paid For Goods | 153.0M | 168.0M | 93.1M | 76.3M | 77.5M | 59.2M | 28.1M | 10.5M | 5.9M |
| Cash Paid To Employees | 740.0M | 443.0M | 293.0M | 211.0M | 165.0M | 148.0M | 132.0M | 108.0M | 46.0M |
| Taxes Paid | 230.0M | 170.0M | 114.0M | 71.3M | 63.8M | 42.1M | 25.2M | 18.9M | 11.5M |
| Total Operating Cash Outflow | 2.1B | 1.5B | 1.2B | 937.0M | 711.0M | 651.0M | 439.0M | 324.0M | 268.0M |
| Operating Cash Flow | 431.0M | 512.0M | 363.0M | 235.0M | 92.6M | 123.0M | 89.1M | -11.4M | 42.4M |
| Total Investing Cash Inflow | 639.0M | 599.0M | 630.0M | 834.0M | 885.0M | 95,000 | 55,000 | -- | 1.1M |
| Total Investing Cash Outflow | 948.0M | 904.0M | 919.0M | 946.0M | 1.3B | 44.8M | 14.6M | 26.9M | 87.0M |
| Investing Cash Flow | -309.0M | -306.0M | -289.0M | -112.0M | -382.0M | -44.7M | -14.5M | -26.9M | -85.9M |
| Cash From Borrowings | -- | -- | -- | 10.0M | 18.9M | 60.0M | 110.0M | 80.0M | 95.0M |
| Dividends And Interest Paid | 167.0M | 86.6M | 40.7M | 20.7M | 12.7M | 3.4M | 3.8M | 4.0M | 4.5M |
| Debt Repayments | -- | -- | 10.0M | 18.9M | 60.0M | 70.0M | 120.0M | 85.0M | 95.0M |
| Total Financing Cash Inflow | -- | -- | -- | 10.0M | 367.0M | 60.0M | 110.0M | 80.0M | 233.0M |
| Total Financing Cash Outflow | 173.0M | 92.9M | 58.4M | 44.2M | 86.0M | 77.9M | 124.0M | 92.3M | 106.0M |
| Financing Cash Flow | -173.0M | -92.9M | -58.4M | -34.2M | 281.0M | -17.9M | -13.8M | -12.3M | 126.0M |
| Net Change In Cash | -51.1M | 112.0M | 15.4M | 88.3M | -9.2M | 60.8M | 61.2M | -50.8M | 83.1M |
| Ending Cash Balance | 362.0M | 413.0M | 300.0M | 285.0M | 197.0M | 206.0M | 145.0M | 83.8M | 135.0M |
| Capex | 251.0M | 288.0M | 219.0M | 191.0M | 119.0M | 44.8M | 14.6M | 26.9M | 87.0M |