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 | 1.1B | 917.0M | 672.0M | 512.0M | 414.0M |
| Revenue Growth % | 24.2% | 36.5% | 31.2% | 23.7% | -- |
| Total Revenue | 1.1B | 917.0M | 672.0M | 512.0M | 414.0M |
| Cost Of Revenue | 562.0M | 388.0M | 262.0M | 212.0M | 149.0M |
| Gross Profit | 577.0M | 529.0M | 410.0M | 300.0M | 265.0M |
| Gross Margin % | 50.7% | 57.7% | 61.0% | 58.6% | 64.0% |
| Total Operating Cost | 773.0M | 734.0M | 380.0M | 306.0M | 254.0M |
| Selling Expenses | 20.8M | 14.7M | 11.6M | 9.7M | 8.2M |
| Admin Expenses | 73.9M | 233.0M | 26.4M | 21.0M | 32.3M |
| Rd Expenses | 91.2M | 73.5M | 62.0M | 52.1M | 42.7M |
| Finance Expenses | 13.2M | -8.4M | -6.3M | 1.6M | 2.1M |
| Operating Income | 444.0M | 265.0M | 374.0M | 268.0M | 177.0M |
| Operating Margin % | 39.0% | 28.9% | 55.7% | 52.3% | 42.8% |
| Non Operating Income | 218,800 | 5.4M | 9.5M | 51,900 | 44,600 |
| Non Operating Expenses | 2.7M | 344,600 | 5.5M | 1.5M | 614,800 |
| Investment Income | 58.7M | 57.2M | 55.1M | -- | -- |
| Fair Value Change Income | -3.8M | 5.3M | 4.3M | -- | -- |
| Asset Disposal Income | 342,300 | -- | 4,000 | -- | -- |
| Asset Impairment Loss | -973,300 | 690,500 | -124,400 | -- | -- |
| Other Income | 23.0M | 19.5M | 21.7M | 61.4M | 17.3M |
| Income Before Tax | 442.0M | 270.0M | 378.0M | 266.0M | 177.0M |
| Income Tax | 49.1M | 10.9M | 44.6M | 32.9M | 22.1M |
| Net Income | 393.0M | 259.0M | 333.0M | 233.0M | 155.0M |
| Net Margin % | 34.5% | 28.2% | 49.6% | 45.5% | 37.4% |
| Net Income Attributable | 414.0M | 335.0M | 333.0M | 233.0M | 155.0M |
| Minority Interest | -21.2M | -75.6M | -32,100 | -- | -- |
| Eps Basic | 2.13 | 1.72 | 3.02 | 3.33 | 3.10 |
| Eps Diluted | 2.13 | 1.72 | 3.02 | 3.33 | 3.10 |
| 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 | 1.1B | 1.1B | 880.0M | 131.0M | 25.2M |
| Trading Financial Assets | 2.0B | 1.8B | 2.1B | -- | -- |
| Accounts Receivable | 778.0M | 664.0M | 376.0M | 246.0M | 181.0M |
| Notes Receivable | 68.8M | 258.0M | 244.0M | 145.0M | 198.0M |
| Notes And Accounts Receivable | 847.0M | 922.0M | 620.0M | 391.0M | 379.0M |
| Prepayments | 8.3M | 3.3M | 2.4M | 15.4M | 2.0M |
| Inventory | 220.0M | 125.0M | 43.8M | 34.2M | 10.2M |
| Total Current Assets | 4.2B | 4.0B | 3.6B | 607.0M | 455.0M |
| Long Term Equity Investment | 25.6M | 29.0M | -- | -- | -- |
| Fixed Assets | -- | 288.0M | 130.0M | 108.0M | 95.7M |
| Fixed Assets Total | 582.0M | 288.0M | 130.0M | 108.0M | 95.7M |
| Construction In Progress | -- | 457.0M | 196.0M | 119,000 | -- |
| Construction In Progress Total | 797.0M | 457.0M | 196.0M | 119,000 | -- |
| Intangible Assets | 140.0M | 111.0M | 45.8M | 46.7M | 5.7M |
| Long Term Deferred Expenses | 33.3M | 2.0M | 402,100 | 621,400 | -- |
| Total Non Current Assets | 1.8B | 1.2B | 573.0M | 161.0M | 107.0M |
| Total Assets | 6.0B | 5.2B | 4.2B | 768.0M | 562.0M |
| Short Term Borrowings | 73.2M | 134.0M | -- | -- | -- |
| Accounts Payable | 424.0M | 384.0M | 249.0M | 69.4M | 106.0M |
| Advance Receipts | 735,000 | -- | -- | -- | -- |
| Contract Liabilities | 20.2M | 14.7M | 3.8M | 1.4M | 915,200 |
| Total Current Liabilities | 662.0M | 613.0M | 308.0M | 123.0M | 161.0M |
| Long Term Borrowings | 545.0M | 179.0M | -- | 64.0M | 49.0M |
| Total Non Current Liabilities | 711.0M | 239.0M | 49.4M | 110.0M | 98.8M |
| Total Liabilities | 1.4B | 853.0M | 358.0M | 232.0M | 259.0M |
| Paid In Capital | 195.0M | 139.0M | 93.3M | 50.0M | 50.0M |
| Capital Reserve | 3.1B | 3.1B | 3.1B | 147.0M | 147.0M |
| Surplus Reserve | 97.3M | 69.5M | 46.7M | 33.9M | 10.6M |
| Retained Earnings | 1.2B | 881.0M | 602.0M | 305.0M | 95.1M |
| Minority Equity | 101.0M | 106.0M | 57.6M | -- | -- |
| Equity Attributable | 4.6B | 4.2B | 3.8B | 536.0M | 303.0M |
| Total Equity | 4.7B | 4.3B | 3.9B | 536.0M | 303.0M |
| 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 | 1.2B | 707.0M | 506.0M | 447.0M | 74.3M |
| Tax Refunds Received | -- | 5.6M | 438,700 | -- | -- |
| Total Operating Cash Inflow | 1.3B | 756.0M | 553.0M | 490.0M | 107.0M |
| Cash Paid For Goods | 608.0M | 407.0M | 210.0M | 220.0M | 81.9M |
| Cash Paid To Employees | 146.0M | 89.2M | 49.9M | 33.1M | 19.6M |
| Taxes Paid | 120.0M | 124.0M | 73.5M | 46.4M | 24.3M |
| Total Operating Cash Outflow | 953.0M | 682.0M | 373.0M | 338.0M | 155.0M |
| Operating Cash Flow | 318.0M | 74.6M | 180.0M | 153.0M | -47.4M |
| Total Investing Cash Inflow | 13.2B | 10.8B | 7.0B | -- | 29.8M |
| Total Investing Cash Outflow | 14.1B | 11.0B | 9.4B | 58.1M | 40.9M |
| Investing Cash Flow | -956.0M | -178.0M | -2.4B | -58.1M | -11.1M |
| Cash From Borrowings | 423.0M | 313.0M | -- | 20.0M | 60.8M |
| Dividends And Interest Paid | 57.5M | 35.6M | 24.0M | 2.3M | 919,700 |
| Debt Repayments | 1.7M | -- | 69.5M | 1.0M | 30.0M |
| Total Financing Cash Inflow | 437.0M | 346.0M | 3.0B | 20.0M | 89.0M |
| Total Financing Cash Outflow | 68.2M | 37.6M | 105.0M | 12.2M | 30.9M |
| Financing Cash Flow | 368.0M | 308.0M | 2.9B | 7.8M | 58.0M |
| Net Change In Cash | -270.0M | 205.0M | 752.0M | 102.0M | -450,200 |
| Ending Cash Balance | 815.0M | 1.1B | 880.0M | 127.0M | 25.2M |
| Capex | 602.0M | 462.0M | 332.0M | 58.1M | 11.1M |