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 | 8.3B | 7.0B | 2.6B | 838.0M | 370.0M |
| Revenue Growth % | 18.4% | 165.9% | 213.4% | 126.5% | -- |
| Total Revenue | 8.3B | 7.0B | 2.6B | 838.0M | 370.0M |
| Cost Of Revenue | 6.7B | 5.6B | 2.1B | 666.0M | 290.0M |
| Gross Profit | 1.5B | 1.3B | 535.0M | 172.0M | 80.0M |
| Gross Margin % | 18.5% | 19.1% | 20.4% | 20.5% | 21.6% |
| Total Operating Cost | 7.7B | 6.3B | 2.4B | 838.0M | 384.0M |
| Selling Expenses | 280.0M | 161.0M | 93.0M | 50.2M | 21.5M |
| Admin Expenses | 194.0M | 167.0M | 69.5M | 42.1M | 30.7M |
| Rd Expenses | 250.0M | 179.0M | 94.1M | 55.9M | 35.9M |
| Finance Expenses | 9.3M | -5.9M | -7.2M | 6.6M | 4.1M |
| Operating Income | 731.0M | 730.0M | 240.0M | -2.2M | -2.3M |
| Operating Margin % | 8.8% | 10.5% | 9.1% | -0.3% | -0.6% |
| Non Operating Income | 623,600 | 1.4M | 1.8M | 3.2M | 1.7M |
| Non Operating Expenses | 4.2M | 26.6M | 1.5M | 276,800 | 2.5M |
| Investment Income | 11.7M | 2.5M | 18.8M | -22.8M | 214,300 |
| Fair Value Change Income | -9.6M | -- | -- | -- | -- |
| Asset Disposal Income | 330,600 | 1.6M | -428,600 | -55,200 | 80,700 |
| Asset Impairment Loss | 63.5M | 58.7M | 17.9M | 3.7M | 1.6M |
| Other Income | 171.0M | 64.0M | 27.4M | 21.0M | 11.0M |
| Income Before Tax | 727.0M | 705.0M | 240.0M | 647,300 | -3.0M |
| Income Tax | 78.3M | 127.0M | 58.1M | -14.6M | 61,500 |
| Net Income | 649.0M | 578.0M | 182.0M | 15.3M | -3.1M |
| Net Margin % | 7.8% | 8.3% | 6.9% | 1.8% | -0.8% |
| Net Income Attributable | 648.0M | 578.0M | 177.0M | 11.3M | -3.6M |
| Minority Interest | 1.1M | -164,100 | 4.8M | 4.0M | 505,100 |
| Eps Basic | 4.86 | 4.34 | 1.33 | 0.09 | -0.03 |
| Eps Diluted | 4.75 | 4.28 | 1.33 | 0.09 | -0.03 |
| 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 | 3.0B | 3.3B | 2.6B | 870.0M | 96.6M |
| Trading Financial Assets | -- | -- | -- | 2.0M | 6.0M |
| Accounts Receivable | 3.6B | 1.4B | 487.0M | 278.0M | 248.0M |
| Notes Receivable | 126.0M | 122.0M | 47.0M | 8.7M | 5.6M |
| Notes And Accounts Receivable | 3.7B | 1.5B | 534.0M | 287.0M | 254.0M |
| Prepayments | 58.9M | 27.4M | 34.9M | 19.4M | 2.9M |
| Inventory | 1.4B | 2.4B | 2.3B | 844.0M | 251.0M |
| Total Current Assets | 9.7B | 8.3B | 5.9B | 2.2B | 820.0M |
| Long Term Equity Investment | 432.0M | 376.0M | 370.0M | 187.0M | 113.0M |
| Fixed Assets | -- | 155.0M | 82.6M | 168.0M | 197.0M |
| Fixed Assets Total | 305.0M | 155.0M | 82.6M | 168.0M | 197.0M |
| Construction In Progress | -- | 38.8M | -- | 638,100 | -- |
| Construction In Progress Total | 50.9M | 38.8M | -- | 638,100 | -- |
| Intangible Assets | 70.8M | 36.4M | 8.3M | 10.8M | 12.3M |
| Long Term Deferred Expenses | 50.4M | 26.3M | 15.8M | 14.5M | 11.2M |
| Total Non Current Assets | 1.3B | 972.0M | 645.0M | 579.0M | 478.0M |
| Total Assets | 11.0B | 9.2B | 6.6B | 2.8B | 1.3B |
| Short Term Borrowings | 983.0M | 534.0M | 234.0M | 234.0M | 267.0M |
| Accounts Payable | 2.3B | 2.7B | 1.9B | 699.0M | 258.0M |
| Advance Receipts | 3.5M | 2.1M | 1.9M | 1.5M | 3.2M |
| Contract Liabilities | 545.0M | 787.0M | 1.2B | 123.0M | 34.9M |
| Total Current Liabilities | 7.6B | 6.7B | 4.8B | 1.2B | 691.0M |
| Long Term Borrowings | -- | -- | -- | -- | 677,700 |
| Total Non Current Liabilities | 237.0M | 184.0M | 79.4M | 126.0M | 46.6M |
| Total Liabilities | 7.8B | 6.8B | 4.9B | 1.3B | 737.0M |
| Paid In Capital | 133.0M | 133.0M | 133.0M | 133.0M | 114.0M |
| Capital Reserve | 1.7B | 1.6B | 1.5B | 1.5B | 581.0M |
| Surplus Reserve | 66.6M | 66.6M | 25.2M | 15.4M | 511,000 |
| Retained Earnings | 1.2B | 557.0M | 19.9M | -148.0M | -144.0M |
| Minority Equity | 5.8M | 4.7M | -- | 23.1M | 8.3M |
| Equity Attributable | 3.1B | 2.4B | 1.7B | 1.5B | 552.0M |
| Total Equity | 3.1B | 2.4B | 1.7B | 1.5B | 560.0M |
| 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 | 5.6B | 5.3B | 3.8B | 921.0M | 345.0M |
| Tax Refunds Received | 49.5M | 23.4M | 88.5M | 5.0M | 4.4M |
| Total Operating Cash Inflow | 5.9B | 5.7B | 4.0B | 1.1B | 372.0M |
| Cash Paid For Goods | 4.1B | 4.8B | 2.9B | 785.0M | 305.0M |
| Cash Paid To Employees | 306.0M | 182.0M | 114.0M | 71.0M | 48.7M |
| Taxes Paid | 294.0M | 332.0M | 198.0M | 52.3M | 25.3M |
| Total Operating Cash Outflow | 5.0B | 5.5B | 3.4B | 1.1B | 479.0M |
| Operating Cash Flow | 890.0M | 110.0M | 631.0M | 3.5M | -107.0M |
| Total Investing Cash Inflow | 6.1M | 66.3M | 252.0M | 300.0M | 25.5M |
| Total Investing Cash Outflow | 231.0M | 211.0M | 469.0M | 385.0M | 71.0M |
| Investing Cash Flow | -225.0M | -144.0M | -217.0M | -84.6M | -45.5M |
| Cash From Borrowings | 990.0M | 541.0M | 229.0M | 252.0M | 257.0M |
| Dividends And Interest Paid | 25.6M | 10.5M | 5.6M | 14.6M | 9.6M |
| Debt Repayments | 534.0M | 243.0M | 230.0M | 308.0M | 50.4M |
| Total Financing Cash Inflow | 995.0M | 546.0M | 230.0M | 1.2B | 318.0M |
| Total Financing Cash Outflow | 602.0M | 279.0M | 246.0M | 383.0M | 116.0M |
| Financing Cash Flow | 393.0M | 267.0M | -16.7M | 782.0M | 202.0M |
| Net Change In Cash | 1.1B | 232.0M | 397.0M | 701.0M | 49.5M |
| Ending Cash Balance | 2.5B | 1.4B | 1.2B | 786.0M | 85.1M |
| Capex | 218.0M | 186.0M | 49.9M | 46.3M | 16.9M |