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 | 3.0B | 2.1B | 1.5B | 843.0M | 481.0M |
| Revenue Growth % | 47.1% | 33.8% | 83.2% | 75.3% | -- |
| Total Revenue | 3.0B | 2.1B | 1.5B | 843.0M | 481.0M |
| Cost Of Revenue | 2.3B | 1.5B | 1.0B | 573.0M | 329.0M |
| Gross Profit | 785.0M | 521.0M | 504.0M | 270.0M | 152.0M |
| Gross Margin % | 25.8% | 25.2% | 32.6% | 32.0% | 31.6% |
| Total Operating Cost | 3.0B | 2.1B | 1.4B | 760.0M | 439.0M |
| Selling Expenses | 60.6M | 36.6M | 28.8M | 15.6M | 12.2M |
| Admin Expenses | 342.0M | 221.0M | 111.0M | 65.1M | 35.1M |
| Rd Expenses | 221.0M | 206.0M | 122.0M | 74.2M | 36.9M |
| Finance Expenses | 14.9M | 6.9M | 17.1M | 10.5M | 11.4M |
| Operating Income | 205.0M | 201.0M | 273.0M | 136.0M | 108.0M |
| Operating Margin % | 6.7% | 9.7% | 17.7% | 16.1% | 22.5% |
| Non Operating Income | 516,500 | 8.5M | 530,100 | 80,300 | 86,100 |
| Non Operating Expenses | 13.4M | 12.9M | 6.4M | 484,900 | 135,300 |
| Investment Income | 7.0M | 38.8M | 11.7M | -3.6M | -6.1M |
| Fair Value Change Income | 4.7M | 41.6M | 2.8M | -- | -- |
| Asset Disposal Income | -56,600 | 41,900 | 334,500 | -10,900 | 62,800 |
| Asset Impairment Loss | 77.3M | 24.3M | 15.8M | 9.4M | 7.8M |
| Other Income | 143.0M | 111.0M | 71.1M | 56.2M | 72.2M |
| Income Before Tax | 192.0M | 196.0M | 267.0M | 136.0M | 108.0M |
| Income Tax | 27.5M | 28.4M | 33.1M | 14.1M | 14.8M |
| Net Income | 165.0M | 168.0M | 234.0M | 121.0M | 93.5M |
| Net Margin % | 5.4% | 8.1% | 15.2% | 14.4% | 19.4% |
| Net Income Attributable | 203.0M | 169.0M | 245.0M | 126.0M | 93.5M |
| Minority Interest | -37.6M | -722,100 | -11.2M | -5.0M | -- |
| Eps Basic | 0.79 | 0.81 | 1.45 | 0.81 | 0.65 |
| Eps Diluted | 0.79 | 0.81 | 1.45 | 0.81 | 0.65 |
| 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 | 1.3B | 1.6B | 2.0B | 347.0M | 316.0M |
| Trading Financial Assets | 10.2M | 501.0M | 1.2B | -- | -- |
| Accounts Receivable | 1.2B | 778.0M | 531.0M | 343.0M | 124.0M |
| Notes Receivable | 65.9M | 109.0M | 39.5M | 2.0M | 4.7M |
| Notes And Accounts Receivable | 1.3B | 886.0M | 571.0M | 345.0M | 129.0M |
| Prepayments | 19.4M | 20.6M | 34.1M | 12.7M | 5.0M |
| Inventory | 900.0M | 906.0M | 533.0M | 256.0M | 135.0M |
| Total Current Assets | 3.7B | 4.1B | 4.4B | 996.0M | 606.0M |
| Long Term Equity Investment | 112.0M | 89.6M | 10.6M | 2.6M | 6.3M |
| Fixed Assets | -- | 2.2B | 1.1B | 767.0M | 453.0M |
| Fixed Assets Total | 3.3B | 2.2B | 1.1B | 767.0M | 453.0M |
| Construction In Progress | -- | 461.0M | 814.0M | 332.0M | 73.7M |
| Construction In Progress Total | 599.0M | 461.0M | 814.0M | 332.0M | 73.7M |
| Intangible Assets | 154.0M | 145.0M | 139.0M | 136.0M | 73.3M |
| Long Term Deferred Expenses | 4.9M | 3.8M | 4.4M | -- | 1.5M |
| Total Non Current Assets | 4.6B | 3.5B | 2.2B | 1.5B | 853.0M |
| Total Assets | 8.4B | 7.6B | 6.6B | 2.5B | 1.5B |
| Short Term Borrowings | 225.0M | 76.0M | 65.3M | 176.0M | 65.8M |
| Accounts Payable | 869.0M | 570.0M | 369.0M | 205.0M | 63.2M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 8.3M | 12.2M | 11.6M | 19.0M | 65,000 |
| Total Current Liabilities | 1.7B | 1.2B | 845.0M | 637.0M | 241.0M |
| Long Term Borrowings | 1.5B | 1.1B | 519.0M | 355.0M | 60.0M |
| Total Non Current Liabilities | 1.9B | 1.6B | 1.0B | 755.0M | 301.0M |
| Total Liabilities | 3.7B | 2.8B | 1.9B | 1.4B | 542.0M |
| Paid In Capital | 308.0M | 209.0M | 209.0M | 157.0M | 157.0M |
| Capital Reserve | 4.0B | 4.1B | 4.0B | 725.0M | 720.0M |
| Surplus Reserve | 111.0M | 76.8M | 53.1M | 22.1M | 6.1M |
| Retained Earnings | 362.0M | 357.0M | 359.0M | 145.0M | 34.1M |
| Minority Equity | 111.0M | 195.0M | 124.0M | 46.0M | -- |
| Equity Attributable | 4.6B | 4.6B | 4.6B | 1.0B | 917.0M |
| Total Equity | 4.7B | 4.8B | 4.8B | 1.1B | 917.0M |
| 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 | 2.5B | 1.5B | 1.2B | 620.0M | 408.0M |
| Tax Refunds Received | 24.0M | 67.9M | 58.0M | 54.1M | 37.2M |
| Total Operating Cash Inflow | 2.6B | 1.7B | 1.4B | 885.0M | 574.0M |
| Cash Paid For Goods | 1.7B | 1.4B | 1.0B | 471.0M | 254.0M |
| Cash Paid To Employees | 700.0M | 506.0M | 297.0M | 172.0M | 86.3M |
| Taxes Paid | 108.0M | 36.0M | 40.0M | 30.0M | 13.8M |
| Total Operating Cash Outflow | 2.7B | 2.1B | 1.4B | 727.0M | 398.0M |
| Operating Cash Flow | -52.1M | -386.0M | -22.3M | 157.0M | 176.0M |
| Total Investing Cash Inflow | 1.8B | 18.2B | 1.7B | 131,100 | 101.0M |
| Total Investing Cash Outflow | 2.4B | 18.7B | 3.6B | 627.0M | 412.0M |
| Investing Cash Flow | -598.0M | -561.0M | -1.9B | -627.0M | -311.0M |
| Cash From Borrowings | 970.0M | 1.1B | 771.0M | 540.0M | 177.0M |
| Dividends And Interest Paid | 213.0M | 178.0M | 33.5M | 7.1M | 6.7M |
| Debt Repayments | 252.0M | 319.0M | 573.0M | 127.0M | 152.0M |
| Total Financing Cash Inflow | 987.0M | 1.2B | 4.3B | 606.0M | 608.0M |
| Total Financing Cash Outflow | 641.0M | 641.0M | 688.0M | 136.0M | 217.0M |
| Financing Cash Flow | 346.0M | 532.0M | 3.6B | 471.0M | 391.0M |
| Net Change In Cash | -301.0M | -419.0M | 1.7B | 1.3M | 256.0M |
| Ending Cash Balance | 1.2B | 1.5B | 2.0B | 282.0M | 281.0M |
| Capex | 1.1B | 1.1B | 793.0M | 627.0M | 308.0M |