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 | 1.8B | 1.4B | 1.3B | 665.0M | 489.0M | 385.0M | 236.0M |
| Revenue Growth % | 24.7% | 6.1% | 101.2% | 36.0% | 27.0% | 63.1% | -- |
| Total Revenue | 1.8B | 1.4B | 1.3B | 665.0M | 489.0M | 385.0M | 236.0M |
| Cost Of Revenue | 1.2B | 974.0M | 812.0M | 417.0M | 301.0M | 237.0M | 146.0M |
| Gross Profit | 548.0M | 446.0M | 526.0M | 248.0M | 188.0M | 148.0M | 90.0M |
| Gross Margin % | 30.9% | 31.4% | 39.3% | 37.3% | 38.4% | 38.4% | 38.1% |
| Total Operating Cost | 1.6B | 1.3B | 944.0M | 556.0M | 408.0M | 360.0M | 229.0M |
| Selling Expenses | 120.0M | 104.0M | 85.3M | 56.3M | 45.7M | 47.0M | 42.1M |
| Admin Expenses | 60.8M | 72.2M | 43.3M | 30.3M | 23.1M | 46.9M | 17.7M |
| Rd Expenses | 94.1M | 105.0M | 54.9M | 31.2M | 25.4M | 22.8M | 15.7M |
| Finance Expenses | 26.9M | -89.9M | -73.0M | 15.9M | 8.6M | 2.0M | 2.6M |
| Operating Income | 183.0M | 226.0M | 423.0M | 116.0M | 90.2M | 26.9M | 13.3M |
| Operating Margin % | 10.3% | 15.9% | 31.6% | 17.4% | 18.4% | 7.0% | 5.6% |
| Non Operating Income | 5,000 | 65,100 | 4,700 | 365,800 | 83,000 | 28,200 | -- |
| Non Operating Expenses | 10.0M | 2.4M | 257,200 | 246,500 | 196,200 | 243,100 | 367,100 |
| Investment Income | 12.3M | 21.7M | 11.6M | 125,300 | 2.0M | -1.2M | -756,900 |
| Fair Value Change Income | 17.3M | 31.0M | 5.1M | 188,900 | 196,100 | -88,700 | -- |
| Asset Disposal Income | 600.00 | 6,000 | 18,000 | -2,700 | 22,300 | -59,900 | 5.0M |
| Asset Impairment Loss | 89.1M | 74.4M | 8.0M | 754,100 | 1.3M | 1.7M | 3.8M |
| Other Income | 2.5M | 9.6M | 12.3M | 7.4M | 6.6M | 3.8M | 2.8M |
| Income Before Tax | 173.0M | 224.0M | 423.0M | 116.0M | 90.1M | 26.7M | 12.9M |
| Income Tax | 27.8M | 8.4M | 62.5M | 13.3M | 14.4M | 5.2M | 294,200 |
| Net Income | 145.0M | 216.0M | 360.0M | 103.0M | 75.7M | 21.6M | 12.6M |
| Net Margin % | 8.2% | 15.2% | 26.9% | 15.5% | 15.5% | 5.6% | 5.4% |
| Net Income Attributable | 140.0M | 220.0M | 361.0M | 103.0M | 76.8M | 21.6M | 12.6M |
| Minority Interest | 5.0M | -4.7M | -336,900 | 171,700 | -1.2M | 1,700 | 4,000 |
| Eps Basic | 0.90 | 1.41 | 3.68 | 1.72 | 1.28 | -- | -- |
| Eps Diluted | 0.90 | 1.40 | 3.67 | 1.72 | 1.28 | -- | -- |
| 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 | 941.0M | 963.0M | 1.6B | 220.0M | 158.0M | 83.5M | 47.1M |
| Trading Financial Assets | 1.1B | 1.1B | 1.1B | -- | 5.0M | -- | -- |
| Accounts Receivable | 338.0M | 316.0M | 367.0M | 160.0M | 84.4M | 50.9M | 38.9M |
| Notes Receivable | 943,800 | 2.4M | -- | -- | 11,700 | -- | -- |
| Notes And Accounts Receivable | 339.0M | 318.0M | 367.0M | 160.0M | 84.4M | 50.9M | 38.9M |
| Prepayments | 35.2M | 80.7M | 31.4M | 5.9M | 886,800 | 1.9M | 2.0M |
| Inventory | 1.2B | 1.6B | 1.3B | 178.0M | 133.0M | 107.0M | 58.0M |
| Total Current Assets | 3.8B | 4.1B | 4.7B | 592.0M | 403.0M | 265.0M | 156.0M |
| Long Term Equity Investment | 30.3M | 23.8M | -- | -- | -- | 3.6M | 5.3M |
| Fixed Assets | -- | 70.9M | 52.5M | 24.0M | 24.1M | 23.7M | 22.6M |
| Fixed Assets Total | 88.3M | 70.9M | 52.5M | 24.0M | 24.1M | 23.7M | 22.6M |
| Construction In Progress | -- | 3.2M | -- | -- | -- | -- | -- |
| Construction In Progress Total | 174.0M | 10.1M | -- | -- | -- | -- | -- |
| Intangible Assets | 63.5M | 45.1M | 6.3M | 7.3M | 8.1M | 391,700 | 1.7M |
| Long Term Deferred Expenses | 851,200 | 2.3M | 3.1M | -- | -- | -- | -- |
| Total Non Current Assets | 850.0M | 616.0M | 307.0M | 35.1M | 34.7M | 29.6M | 31.4M |
| Total Assets | 4.6B | 4.8B | 5.0B | 627.0M | 438.0M | 295.0M | 188.0M |
| Short Term Borrowings | 388.0M | 524.0M | 50.1M | 45.1M | 37.8M | 46.4M | 61.8M |
| Accounts Payable | 274.0M | 101.0M | 606.0M | 142.0M | 84.8M | 114.0M | 42.8M |
| Advance Receipts | -- | -- | -- | -- | -- | 2.6M | 4.8M |
| Contract Liabilities | 46.5M | 17.6M | 22.1M | 3.0M | 4.1M | -- | -- |
| Total Current Liabilities | 851.0M | 945.0M | 1.2B | 287.0M | 208.0M | 208.0M | 152.0M |
| Long Term Borrowings | 942,000 | 1.7M | 1.6M | -- | 307,000 | 200,400 | 1.4M |
| Total Non Current Liabilities | 118.0M | 102.0M | 74.8M | 48.3M | 37.9M | 30.1M | 23.2M |
| Total Liabilities | 969.0M | 1.0B | 1.2B | 335.0M | 246.0M | 238.0M | 175.0M |
| Paid In Capital | 156.0M | 112.0M | 80.0M | 60.0M | 60.0M | 54.3M | 54.3M |
| Capital Reserve | 3.1B | 3.2B | 3.2B | 125.0M | 126.0M | 33.3M | 8.1M |
| Surplus Reserve | 58.7M | 56.0M | 40.0M | 9.7M | 3.0M | 212,500 | -- |
| Retained Earnings | 492.0M | 465.0M | 437.0M | 107.0M | 10.5M | -25.5M | -46.8M |
| Minority Equity | 45.0M | 26.0M | 7.9M | -35,700 | 150,000 | -7,300 | -8,600 |
| Equity Attributable | 3.6B | 3.7B | 3.7B | 292.0M | 192.0M | 57.4M | 12.2M |
| Total Equity | 3.6B | 3.7B | 3.7B | 292.0M | 192.0M | 57.4M | 12.2M |
| 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 | 1.9B | 1.8B | 1.4B | 628.0M | 555.0M | 443.0M | 296.0M |
| Tax Refunds Received | 75.6M | 248.0M | 89.2M | 44.9M | 50.1M | 20.2M | 17.7M |
| Total Operating Cash Inflow | 2.1B | 2.2B | 1.6B | 718.0M | 629.0M | 501.0M | 393.0M |
| Cash Paid For Goods | 964.0M | 2.5B | 1.6B | 470.0M | 456.0M | 306.0M | 230.0M |
| Cash Paid To Employees | 154.0M | 122.0M | 83.5M | 60.9M | 55.7M | 50.2M | 43.3M |
| Taxes Paid | 98.6M | 184.0M | 64.7M | 38.9M | 29.7M | 16.2M | 7.7M |
| Total Operating Cash Outflow | 1.5B | 3.1B | 1.9B | 666.0M | 602.0M | 440.0M | 381.0M |
| Operating Cash Flow | 653.0M | -862.0M | -323.0M | 51.3M | 27.4M | 60.5M | 12.0M |
| Total Investing Cash Inflow | 2.5B | 3.4B | 3.3B | 28.0M | 172.0M | 19.3M | 10.3M |
| Total Investing Cash Outflow | 2.7B | 3.5B | 4.7B | 27.2M | 177.0M | 26.3M | 8.4M |
| Investing Cash Flow | -173.0M | -143.0M | -1.3B | 843,200 | -5.2M | -7.0M | 1.8M |
| Cash From Borrowings | 532.0M | 1.3B | 157.0M | 68.7M | 76.6M | 75.1M | 86.6M |
| Dividends And Interest Paid | 127.0M | 196.0M | 1.9M | 1.9M | 2.5M | 3.6M | 4.0M |
| Debt Repayments | 1.0B | 607.0M | 149.0M | 60.8M | 85.6M | 91.4M | 91.0M |
| Total Financing Cash Inflow | 809.0M | 1.4B | 3.3B | 81.6M | 137.0M | 75.1M | 86.6M |
| Total Financing Cash Outflow | 1.3B | 1.1B | 216.0M | 88.7M | 88.1M | 95.0M | 95.0M |
| Financing Cash Flow | -528.0M | 349.0M | 3.1B | -7.0M | 48.5M | -19.9M | -8.4M |
| Net Change In Cash | -48.1M | -648.0M | 1.4B | 36.5M | 66.8M | 35.2M | 6.3M |
| Ending Cash Balance | 893.0M | 941.0M | 1.6B | 177.0M | 141.0M | 73.7M | 38.5M |
| Capex | 153.0M | 74.9M | 39.5M | 3.5M | 3.1M | 2.7M | 2.7M |