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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.7B | 7.4B | 4.7B | 2.7B | 1.6B | 945.0M | 835.0M | 1.1B | 425.0M | 161.0M | 104.0M | 63.2M |
| Revenue Growth % | -8.4% | 56.1% | 75.9% | 68.5% | 68.1% | 13.2% | -20.5% | 147.1% | 164.0% | 54.8% | 64.7% | -- |
| Total Revenue | 6.7B | 7.4B | 4.7B | 2.7B | 1.6B | 945.0M | 835.0M | 1.1B | 425.0M | 161.0M | 104.0M | 63.2M |
| Cost Of Revenue | 5.3B | 5.1B | 3.2B | 1.8B | 992.0M | 562.0M | 563.0M | 694.0M | 277.0M | 103.0M | 61.7M | 48.8M |
| Gross Profit | 1.4B | 2.3B | 1.5B | 848.0M | 597.0M | 383.0M | 272.0M | 356.0M | 148.0M | 58.0M | 42.3M | 14.4M |
| Gross Margin % | 21.0% | 30.8% | 32.4% | 31.7% | 37.6% | 40.5% | 32.6% | 33.9% | 34.8% | 36.0% | 40.7% | 22.8% |
| Total Operating Cost | 7.0B | 6.4B | 4.0B | 2.4B | 1.3B | 820.0M | 769.0M | 956.0M | 388.0M | 154.0M | 102.0M | 74.2M |
| Selling Expenses | 536.0M | 493.0M | 339.0M | 211.0M | 131.0M | 133.0M | 116.0M | 88.6M | 51.4M | 26.6M | 19.6M | 11.6M |
| Admin Expenses | 324.0M | 288.0M | 197.0M | 106.0M | 56.8M | 46.0M | 36.2M | 126.0M | 38.8M | 22.8M | 15.8M | 11.9M |
| Rd Expenses | 551.0M | 470.0M | 348.0M | 188.0M | 92.0M | 58.2M | 51.4M | 33.0M | 18.2M | -- | -- | -- |
| Finance Expenses | 25.1M | -124.0M | -94.9M | 41.5M | 6.0M | -2.6M | -4.8M | -889,100 | -1.9M | -1.0M | 3.3M | 363,400 |
| Operating Income | -63.0M | 1.0B | 695.0M | 296.0M | 302.0M | 122.0M | 60.4M | 85.3M | 32.7M | 6.9M | 1.7M | -11.0M |
| Operating Margin % | -0.9% | 13.7% | 14.8% | 11.1% | 19.0% | 12.9% | 7.2% | 8.1% | 7.7% | 4.3% | 1.7% | -17.5% |
| Non Operating Income | 1.2M | 139,600 | 378,400 | 119,800 | 1.2M | 795,700 | 450,800 | 1.2M | 7.1M | 3.5M | 802,000 | 1.1M |
| Non Operating Expenses | 5.0M | 2.9M | 5.4M | 471,000 | 655,600 | 797,500 | 362,800 | 740,000 | 561,400 | 117,700 | 800.00 | -- |
| Investment Income | 66.7M | -3.6M | 13.0M | 7.2M | -5.3M | -9.8M | -10.5M | -11.7M | -3.7M | 0.00 | -- | -- |
| Fair Value Change Income | 13.9M | -91,600 | -4.4M | -1.8M | 1.2M | 168,500 | 36,300 | -- | -- | -- | -- | -- |
| Asset Disposal Income | -3.2M | -19,100 | 96,000 | -48,600 | -67,800 | -4,000 | -46,300 | -- | -- | -- | -- | -- |
| Asset Impairment Loss | 122.0M | 111.0M | 37.3M | 18.7M | 7.4M | 1.3M | 27,100 | 10.5M | 2.7M | 2.4M | 1.4M | 1.6M |
| Other Income | 77.0M | 58.3M | 23.3M | 24.4M | 16.8M | 5.9M | 4.5M | 3.2M | -- | -- | -- | -- |
| Income Before Tax | -66.8M | 1.0B | 690.0M | 296.0M | 303.0M | 122.0M | 60.5M | 85.7M | 39.3M | 10.2M | 2.5M | -10.0M |
| Income Tax | -63.2M | 138.0M | 53.8M | 17.7M | 43.7M | 18.5M | 4.8M | 32.6M | 9.5M | 1.5M | 475,100 | -1.8M |
| Net Income | -3.5M | 866.0M | 636.0M | 278.0M | 259.0M | 103.0M | 55.7M | 53.1M | 29.8M | 8.7M | 2.1M | -8.2M |
| Net Margin % | -0.1% | 11.8% | 13.5% | 10.4% | 16.3% | 10.9% | 6.7% | 5.1% | 7.0% | 5.4% | 2.0% | -13.0% |
| Net Income Attributable | -61.8M | 852.0M | 649.0M | 280.0M | 260.0M | 103.0M | 56.0M | 53.1M | 31.1M | 9.9M | 2.1M | -8.2M |
| Minority Interest | 58.3M | 14.1M | -13.0M | -1.1M | -1.5M | 311,700 | -363,500 | -- | -1.2M | -1.2M | -- | -- |
| Eps Basic | -0.26 | 3.53 | 3.76 | 2.27 | 3.64 | 1.56 | 0.85 | 0.86 | 0.59 | 0.22 | 0.05 | -0.26 |
| Eps Diluted | -0.25 | 3.50 | 3.74 | 2.27 | 3.64 | 1.56 | 0.85 | 0.86 | 0.59 | 0.22 | 0.05 | -- |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.1B | 1.8B | 1.6B | 1.2B | 1.1B | 343.0M | 335.0M | 272.0M | 188.0M | 52.7M | 17.6M | 225,600 |
| Trading Financial Assets | 14.9M | 243,300 | 80.1M | 70.4M | 272.0M | 204,900 | 36,300 | -- | -- | -- | -- | -- |
| Accounts Receivable | 857.0M | 671.0M | 639.0M | 310.0M | 148.0M | 114.0M | 107.0M | 117.0M | 49.1M | 55.8M | 37.7M | 27.3M |
| Notes Receivable | 90.3M | 94.9M | 86.3M | 350.0M | -- | -- | 34.6M | 92.6M | 1.6M | 100,000 | -- | -- |
| Notes And Accounts Receivable | 947.0M | 766.0M | 725.0M | 661.0M | 148.0M | 114.0M | 142.0M | 210.0M | 50.7M | 55.9M | 37.7M | 27.3M |
| Prepayments | 66.5M | 128.0M | 74.1M | 28.8M | 8.0M | 4.8M | 2.3M | 6.0M | 4.5M | 1.3M | 597,800 | 314,300 |
| Inventory | 2.6B | 1.9B | 1.6B | 855.0M | 350.0M | 184.0M | 132.0M | 131.0M | 84.7M | 23.9M | 17.5M | 7.8M |
| Total Current Assets | 5.3B | 5.0B | 4.2B | 2.9B | 2.2B | 727.0M | 635.0M | 625.0M | 330.0M | 136.0M | 80.7M | 37.6M |
| Long Term Equity Investment | 33.4M | 31.6M | 39.6M | 43.6M | 26.4M | 29.0M | 8.7M | 3.1M | 7.4M | -- | -- | -- |
| Fixed Assets | -- | 1.0B | 901.0M | 403.0M | 275.0M | 198.0M | 85.2M | 28.0M | -- | 2.2M | 2.7M | 3.6M |
| Fixed Assets Total | 1.9B | 1.0B | 901.0M | 403.0M | 275.0M | 198.0M | 85.2M | 28.0M | 6.9M | 2.2M | 2.7M | 3.6M |
| Construction In Progress | -- | 485.0M | 153.0M | 111.0M | 6.5M | 4.7M | 61.3M | 57.4M | 373,000 | 100,000 | 410,300 | -- |
| Construction In Progress Total | 32.0M | 485.0M | 153.0M | 111.0M | 6.5M | 4.7M | 61.3M | 57.4M | 373,000 | 100,000 | 410,300 | -- |
| Intangible Assets | 112.0M | 114.0M | 73.2M | 76.0M | 30.6M | 30.3M | 31.6M | 18.8M | 739,800 | 398,900 | 455,200 | 342,600 |
| Long Term Deferred Expenses | 45.5M | 32.0M | 27.4M | 9.9M | 4.1M | 3.6M | 2.2M | 4.8M | 503,200 | 58,300 | 139,800 | 676,000 |
| Total Non Current Assets | 2.7B | 2.1B | 1.5B | 775.0M | 372.0M | 287.0M | 193.0M | 116.0M | 18.7M | 6.7M | 9.1M | 10.5M |
| Total Assets | 8.0B | 7.1B | 5.8B | 3.7B | 2.6B | 1.0B | 828.0M | 740.0M | 348.0M | 143.0M | 89.8M | 48.1M |
| Short Term Borrowings | 1.1B | 44.9M | 50.1M | -- | -- | -- | 30.0M | -- | -- | 4.0M | 9.4M | -- |
| Accounts Payable | 1.2B | 986.0M | 1.3B | 853.0M | 556.0M | 285.0M | 152.0M | 321.0M | 122.0M | 44.5M | 28.2M | 28.6M |
| Advance Receipts | -- | -- | -- | -- | -- | 20.5M | 7.2M | 11.5M | 9.2M | 2.3M | 4.5M | 2.0M |
| Contract Liabilities | 345.0M | 229.0M | 321.0M | 104.0M | 84.2M | -- | -- | -- | -- | -- | -- | -- |
| Total Current Liabilities | 4.5B | 3.7B | 3.3B | 2.0B | 1.1B | 569.0M | 461.0M | 472.0M | 243.0M | 86.2M | 70.9M | 44.2M |
| Long Term Borrowings | 169.0M | 71.3M | -- | -- | -- | -- | 30.5M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 578.0M | 351.0M | 228.0M | 52.6M | 27.1M | 24.3M | 45.7M | 11.3M | 4.1M | 1.6M | -- | -- |
| Total Liabilities | 5.0B | 4.1B | 3.5B | 2.0B | 1.1B | 594.0M | 506.0M | 483.0M | 247.0M | 87.8M | 70.9M | 44.2M |
| Paid In Capital | 243.0M | 173.0M | 123.0M | 88.0M | 88.0M | 66.0M | 66.0M | 66.0M | 52.5M | 52.5M | 42.0M | 32.0M |
| Capital Reserve | 919.0M | 1.0B | 994.0M | 972.0M | 947.0M | 193.0M | 172.0M | 165.0M | 32.9M | 1.2M | 2.9M | -- |
| Surplus Reserve | 86.4M | 86.4M | 61.6M | 44.0M | 44.0M | 28.4M | 17.4M | 11.4M | 3.7M | 299,400 | -- | -- |
| Retained Earnings | 1.5B | 1.7B | 1.1B | 546.0M | 372.0M | 127.0M | 64.8M | 14.8M | 11.3M | -165,300 | -26.1M | -28.1M |
| Minority Equity | 164.0M | 77.3M | 23.6M | 21.9M | -27,800 | 1.4M | -363,500 | -- | -- | 1.3M | -- | -- |
| Equity Attributable | 2.8B | 3.0B | 2.3B | 1.7B | 1.5B | 419.0M | 322.0M | 257.0M | 101.0M | 53.8M | 18.9M | 3.9M |
| Total Equity | 2.9B | 3.1B | 2.3B | 1.7B | 1.5B | 420.0M | 321.0M | 257.0M | 101.0M | 55.2M | 18.9M | 3.9M |
| 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 | FY 2015Dec 31, 2015 | FY 2014Dec 31, 2014 | FY 2013Dec 31, 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 6.5B | 7.2B | 4.7B | 2.3B | 1.3B | 886.0M | 770.0M | 942.0M | 460.0M | 140.0M | 95.2M | 41.4M |
| Tax Refunds Received | 191.0M | 394.0M | 346.0M | 171.0M | 84.5M | 44.6M | 23.0M | 16.6M | 5.1M | 7.5M | 9.8M | 6.5M |
| Total Operating Cash Inflow | 7.1B | 8.0B | 5.2B | 2.5B | 1.5B | 940.0M | 807.0M | 967.0M | 474.0M | 159.0M | 116.0M | 62.8M |
| Cash Paid For Goods | 5.8B | 5.2B | 3.2B | 1.6B | 657.0M | 503.0M | 469.0M | 575.0M | 261.0M | 97.5M | 78.5M | 32.5M |
| Cash Paid To Employees | 1.1B | 900.0M | 639.0M | 386.0M | 194.0M | 141.0M | 126.0M | 91.7M | 42.9M | 22.6M | 12.5M | 11.0M |
| Taxes Paid | 283.0M | 398.0M | 83.4M | 67.9M | 67.7M | 24.9M | 43.0M | 50.6M | 6.8M | 612,800 | 543,000 | 12,800 |
| Total Operating Cash Outflow | 7.9B | 7.0B | 4.3B | 2.2B | 1.0B | 789.0M | 739.0M | 792.0M | 355.0M | 156.0M | 131.0M | 58.0M |
| Operating Cash Flow | -793.0M | 1.0B | 874.0M | 296.0M | 440.0M | 151.0M | 68.2M | 174.0M | 119.0M | 3.5M | -14.3M | 4.8M |
| Total Investing Cash Inflow | 87.4M | 879.0M | 545.0M | 522.0M | 2.5M | 4.7M | 2.7M | 15,200 | -- | 0.00 | -- | -- |
| Total Investing Cash Outflow | 593.0M | 1.4B | 1.0B | 471.0M | 731.0M | 79.0M | 128.0M | 70.5M | 11.6M | 552,600 | 781,900 | 1.1M |
| Investing Cash Flow | -506.0M | -543.0M | -503.0M | 50.8M | -729.0M | -74.3M | -125.0M | -70.5M | -11.6M | -552,600 | -781,900 | -1.1M |
| Cash From Borrowings | 1.6B | 226.0M | 80.0M | -- | -- | 15.0M | 105.0M | -- | -- | 4.0M | 14.4M | -- |
| Dividends And Interest Paid | 142.0M | 201.0M | 106.0M | 106.0M | 1.5M | 33.2M | 3.1M | 56.7M | 64,900 | 302,400 | 458,200 | 246,100 |
| Debt Repayments | 173.0M | 138.0M | 30.0M | -- | 41.8M | 43.2M | 35.0M | -- | 4.0M | 9.4M | 5.0M | 4.5M |
| Total Financing Cash Inflow | 1.6B | 269.0M | 94.8M | 1.7M | 793.0M | 16.5M | 105.0M | 34.8M | -- | 31.5M | 24.4M | -- |
| Total Financing Cash Outflow | 1.0B | 483.0M | 147.0M | 112.0M | 61.6M | 76.5M | 38.1M | 56.7M | 4.1M | 9.7M | 5.4M | 4.8M |
| Financing Cash Flow | 589.0M | -213.0M | -51.9M | -111.0M | 732.0M | -60.0M | 66.9M | -21.9M | -4.1M | 21.8M | 18.9M | -4.8M |
| Net Change In Cash | -704.0M | 348.0M | 380.0M | 210.0M | 433.0M | 16.3M | 14.2M | 78.5M | 105.0M | 25.5M | 3.5M | -1.3M |
| Ending Cash Balance | 911.0M | 1.6B | 1.3B | 887.0M | 677.0M | 244.0M | 227.0M | 213.0M | 135.0M | 29.2M | 3.8M | 225,600 |
| Capex | 495.0M | 565.0M | 486.0M | 319.0M | 129.0M | 75.6M | 114.0M | 70.5M | 7.9M | 552,600 | 781,900 | 1.1M |