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 |
|---|---|---|---|---|---|---|
| Revenue | 492.0M | 606.0M | 457.0M | 334.0M | 217.0M | 155.0M |
| Revenue Growth % | -18.8% | 32.6% | 36.8% | 53.9% | 40.0% | -- |
| Total Revenue | 492.0M | 606.0M | 457.0M | 334.0M | 217.0M | 155.0M |
| Cost Of Revenue | 259.0M | 299.0M | 213.0M | 144.0M | 92.4M | 63.8M |
| Gross Profit | 233.0M | 307.0M | 244.0M | 190.0M | 124.6M | 91.2M |
| Gross Margin % | 47.4% | 50.7% | 53.4% | 56.9% | 57.4% | 58.8% |
| Total Operating Cost | 448.0M | 484.0M | 364.0M | 260.0M | 185.0M | 152.0M |
| Selling Expenses | 62.9M | 62.0M | 49.4M | 41.4M | 33.3M | 38.5M |
| Admin Expenses | 41.5M | 43.6M | 39.1M | 29.7M | 21.2M | 19.8M |
| Rd Expenses | 86.8M | 79.7M | 54.9M | 39.0M | 31.4M | 31.4M |
| Finance Expenses | -16.8M | -17.8M | -9.2M | -2.1M | -2.1M | -5.4M |
| Operating Income | 58.8M | 138.0M | 111.0M | 128.0M | 45.9M | 19.5M |
| Operating Margin % | 12.0% | 22.8% | 24.3% | 38.3% | 21.2% | 12.6% |
| Non Operating Income | 8.2M | 5.8M | 323,600 | 281,600 | 235,400 | 44,200 |
| Non Operating Expenses | 592,400 | 46,300 | 44,700 | 10,400 | 63,300 | 854,900 |
| Investment Income | -2.7M | 381,600 | -272,100 | -354,200 | 2.1M | 1.2M |
| Fair Value Change Income | -- | -- | -- | -- | 278,300 | -- |
| Asset Disposal Income | 253,600 | 1.0M | 387,200 | 391,300 | 13,300 | 212,000 |
| Asset Impairment Loss | 2.3M | 1.9M | 294,700 | 1.5M | 627,700 | 300,600 |
| Other Income | 17.0M | 14.6M | 18.5M | 53.8M | 11.3M | 15.2M |
| Income Before Tax | 66.4M | 144.0M | 112.0M | 128.0M | 46.1M | 18.7M |
| Income Tax | -818,400 | 12.3M | 12.4M | 10.5M | 5.1M | 785,000 |
| Net Income | 67.2M | 131.0M | 99.2M | 117.0M | 41.0M | 18.0M |
| Net Margin % | 13.7% | 21.6% | 21.7% | 35.0% | 18.9% | 11.6% |
| Net Income Attributable | 67.2M | 131.0M | 99.2M | 117.0M | 41.0M | 18.0M |
| Eps Basic | 0.16 | 0.33 | 0.27 | 0.33 | -- | -- |
| Eps Diluted | 0.16 | 0.33 | 0.27 | 0.33 | -- | -- |
| 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 |
|---|---|---|---|---|---|---|
| Cash And Equivalents | 865.0M | 1.2B | 374.0M | 372.0M | 278.0M | 185.0M |
| Trading Financial Assets | 85.0M | 5.0M | 5.0M | 5.0M | 13.6M | 49.0M |
| Accounts Receivable | 275.0M | 225.0M | 143.0M | 111.0M | 54.8M | 47.8M |
| Notes Receivable | 13.4M | 37.7M | 8.4M | 714,900 | 5.3M | 972,700 |
| Notes And Accounts Receivable | 289.0M | 263.0M | 151.0M | 112.0M | 60.0M | 48.7M |
| Prepayments | 2.4M | 3.8M | 12.3M | 2.5M | 2.4M | 587,900 |
| Inventory | 360.0M | 277.0M | 215.0M | 141.0M | 74.5M | 53.7M |
| Total Current Assets | 1.7B | 1.8B | 789.0M | 658.0M | 440.0M | 344.0M |
| Long Term Equity Investment | -- | 9.3M | 9.7M | 10.2M | 10.8M | 10.9M |
| Fixed Assets | -- | 189.0M | 188.0M | 119.0M | 15.7M | 18.8M |
| Fixed Assets Total | 714.0M | 189.0M | 188.0M | 119.0M | 15.7M | 18.8M |
| Construction In Progress | -- | 185.0M | 43.1M | 21.8M | -- | -- |
| Construction In Progress Total | -- | 185.0M | 43.1M | 21.8M | -- | -- |
| Intangible Assets | 76.4M | 78.5M | 79.2M | 31.3M | 1.4M | 4.9M |
| Long Term Deferred Expenses | 2.1M | 5.6M | 9.3M | 12.4M | 14.6M | 18.0M |
| Total Non Current Assets | 814.0M | 488.0M | 351.0M | 259.0M | 53.4M | 59.7M |
| Total Assets | 2.5B | 2.3B | 1.1B | 917.0M | 494.0M | 404.0M |
| Accounts Payable | 257.0M | 111.0M | 97.3M | 51.0M | 33.4M | 20.0M |
| Advance Receipts | -- | -- | -- | -- | -- | 27.2M |
| Contract Liabilities | 88.6M | 59.4M | 87.0M | 59.7M | 52.0M | -- |
| Total Current Liabilities | 459.0M | 307.0M | 286.0M | 172.0M | 144.0M | 98.6M |
| Total Non Current Liabilities | 101.0M | 85.3M | 88.6M | 88.5M | 1.3M | -- |
| Total Liabilities | 560.0M | 392.0M | 374.0M | 260.0M | 146.0M | 98.6M |
| Paid In Capital | 414.0M | 414.0M | 373.0M | 373.0M | 64.8M | 64.8M |
| Capital Reserve | 1.2B | 1.2B | 251.0M | 243.0M | 149.0M | 148.0M |
| Surplus Reserve | 34.3M | 29.5M | 16.4M | 8.1M | 17.9M | 12.9M |
| Retained Earnings | 265.0M | 242.0M | 124.0M | 33.4M | 116.0M | 79.7M |
| Equity Attributable | 1.9B | 1.9B | 765.0M | 657.0M | 348.0M | 305.0M |
| Total Equity | 1.9B | 1.9B | 765.0M | 657.0M | 348.0M | 305.0M |
| 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 |
|---|---|---|---|---|---|---|
| Cash From Sales | 437.0M | 448.0M | 466.0M | 308.0M | 234.0M | 168.0M |
| Tax Refunds Received | 13.7M | 20.3M | 21.3M | 5.1M | 5.9M | 4.6M |
| Total Operating Cash Inflow | 508.0M | 506.0M | 506.0M | 417.0M | 254.0M | 183.0M |
| Cash Paid For Goods | 217.0M | 298.0M | 221.0M | 188.0M | 104.0M | 64.6M |
| Cash Paid To Employees | 157.0M | 140.0M | 108.0M | 74.9M | 55.3M | 52.7M |
| Taxes Paid | 47.2M | 29.0M | 37.2M | 13.7M | 19.2M | 9.1M |
| Total Operating Cash Outflow | 475.0M | 522.0M | 408.0M | 305.0M | 202.0M | 155.0M |
| Operating Cash Flow | 33.2M | -16.1M | 98.0M | 112.0M | 52.0M | 28.0M |
| Total Investing Cash Inflow | 164.0M | 103.0M | 42.7M | 61.4M | 214.0M | 140.0M |
| Total Investing Cash Outflow | 489.0M | 251.0M | 147.0M | 268.0M | 176.0M | 170.0M |
| Investing Cash Flow | -324.0M | -148.0M | -105.0M | -206.0M | 37.4M | -29.9M |
| Dividends And Interest Paid | 39.8M | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 1.0B | -- | 191.0M | -- | 847,500 |
| Total Financing Cash Outflow | 62.9M | 27.8M | 2.5M | 1.1M | -- | -- |
| Financing Cash Flow | -62.9M | 1.0B | -2.5M | 190.0M | -- | 847,500 |
| Net Change In Cash | -351.0M | 854.0M | -5.3M | 93.9M | 89.1M | -842,600 |
| Ending Cash Balance | 865.0M | 1.2B | 363.0M | 368.0M | 274.0M | 185.0M |
| Capex | 246.0M | 151.0M | 107.0M | 217.0M | 1.0M | 3.0M |