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 | 1.1B | 1.3B | 779.0M | 502.0M | 361.0M |
| Revenue Growth % | -18.0% | 66.5% | 55.2% | 39.1% | -- |
| Total Revenue | 1.1B | 1.3B | 779.0M | 502.0M | 361.0M |
| Cost Of Revenue | 339.0M | 331.0M | 176.0M | 131.0M | 116.0M |
| Gross Profit | 724.0M | 966.0M | 603.0M | 371.0M | 245.0M |
| Gross Margin % | 68.1% | 74.5% | 77.4% | 73.9% | 67.9% |
| Total Operating Cost | 719.0M | 620.0M | 408.0M | 287.0M | 241.0M |
| Selling Expenses | 33.5M | 46.9M | 42.6M | 29.5M | 23.3M |
| Admin Expenses | 96.8M | 92.5M | 82.2M | 60.5M | 38.4M |
| Rd Expenses | 144.0M | 153.0M | 88.1M | 46.7M | 24.7M |
| Finance Expenses | -7.2M | -42.3M | 3.9M | 6.7M | 7.2M |
| Operating Income | 391.0M | 711.0M | 381.0M | 216.0M | 123.0M |
| Operating Margin % | 36.8% | 54.8% | 48.9% | 43.0% | 34.1% |
| Non Operating Income | 164,400 | 500.00 | 431,600 | 793,900 | 645,200 |
| Non Operating Expenses | 790,300 | 625,700 | 87,000 | 1.0M | 80,400 |
| Investment Income | 32.7M | 12.2M | -- | -- | 213,500 |
| Fair Value Change Income | 27,600 | 3.6M | -- | -- | -- |
| Asset Disposal Income | 12,900 | 27,300 | -- | -2.0M | 700.00 |
| Asset Impairment Loss | 12.7M | 13.1M | 2.7M | 1.1M | 19.4M |
| Other Income | 14.0M | 17.3M | 10.1M | 2.6M | 2.9M |
| Income Before Tax | 390.0M | 710.0M | 381.0M | 216.0M | 124.0M |
| Income Tax | 42.9M | 97.5M | 42.6M | 28.4M | 18.0M |
| Net Income | 347.0M | 612.0M | 338.0M | 188.0M | 106.0M |
| Net Margin % | 32.6% | 47.2% | 43.4% | 37.5% | 29.4% |
| Net Income Attributable | 323.0M | 611.0M | 303.0M | 177.0M | 105.0M |
| Minority Interest | 24.6M | 1.8M | 35.5M | 10.7M | 324,400 |
| Eps Basic | 1.61 | 3.05 | 1.82 | 1.18 | -- |
| Eps Diluted | 1.61 | 3.05 | 1.82 | 1.18 | -- |
| 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 | 433.0M | 1.3B | 3.0B | 237.0M | 76.8M |
| Trading Financial Assets | 1.6B | 1.3B | -- | -- | -- |
| Accounts Receivable | 1.7B | 1.1B | 400.0M | 261.0M | 244.0M |
| Notes Receivable | 296.0M | 299.0M | 406.0M | 277.0M | 157.0M |
| Notes And Accounts Receivable | 2.0B | 1.4B | 806.0M | 538.0M | 401.0M |
| Prepayments | 35.7M | 39.2M | 57.3M | 21.4M | 7.4M |
| Inventory | 702.0M | 696.0M | 643.0M | 351.0M | 153.0M |
| Total Current Assets | 4.7B | 4.7B | 4.5B | 1.2B | 640.0M |
| Fixed Assets | -- | 228.0M | 81.6M | 58.9M | 47.9M |
| Fixed Assets Total | 339.0M | 228.0M | 81.6M | 58.9M | 47.9M |
| Construction In Progress | -- | 16.1M | 39.5M | 966,000 | 10.7M |
| Construction In Progress Total | 176.0M | 16.1M | 39.5M | 966,000 | 10.7M |
| Intangible Assets | 76.9M | 19.8M | 4.8M | 3.4M | 3.9M |
| Long Term Deferred Expenses | 8.5M | 9.4M | 13.4M | 1.1M | 675,800 |
| Total Non Current Assets | 746.0M | 623.0M | 271.0M | 119.0M | 78.2M |
| Total Assets | 5.5B | 5.4B | 4.8B | 1.3B | 718.0M |
| Short Term Borrowings | 80.0M | -- | -- | 211.0M | 75.6M |
| Accounts Payable | 123.0M | 265.0M | 283.0M | 223.0M | 108.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 2.7M | 4.8M | 7.6M | 8.9M | 4.6M |
| Total Current Liabilities | 370.0M | 479.0M | 436.0M | 610.0M | 398.0M |
| Long Term Borrowings | -- | 33.0M | 77.0M | -- | 50.0M |
| Total Non Current Liabilities | 125.0M | 115.0M | 141.0M | 26.8M | 79.5M |
| Total Liabilities | 494.0M | 594.0M | 577.0M | 637.0M | 477.0M |
| Paid In Capital | 200.0M | 200.0M | 200.0M | 150.0M | 53.3M |
| Capital Reserve | 3.6B | 3.6B | 3.6B | 362.0M | 85.2M |
| Surplus Reserve | 276.0M | 217.0M | 90.9M | 25.2M | 60.6M |
| Retained Earnings | 851.0M | 728.0M | 319.0M | 82.0M | 40.8M |
| Minority Equity | 62.3M | 37.2M | 49.2M | 13.6M | 2.7M |
| Equity Attributable | 4.9B | 4.7B | 4.2B | 619.0M | 238.0M |
| Total Equity | 5.0B | 4.8B | 4.2B | 633.0M | 241.0M |
| 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 | 602.0M | 768.0M | 438.0M | 347.0M | 147.0M |
| Tax Refunds Received | 3.4M | 1.1M | 7.2M | 607,900 | 572,100 |
| Total Operating Cash Inflow | 657.0M | 851.0M | 528.0M | 406.0M | 264.0M |
| Cash Paid For Goods | 424.0M | 405.0M | 429.0M | 172.0M | 105.0M |
| Cash Paid To Employees | 287.0M | 286.0M | 207.0M | 145.0M | 94.1M |
| Taxes Paid | 146.0M | 135.0M | 68.3M | 51.8M | 18.8M |
| Total Operating Cash Outflow | 913.0M | 884.0M | 754.0M | 427.0M | 335.0M |
| Operating Cash Flow | -257.0M | -32.4M | -226.0M | -21.0M | -71.4M |
| Total Investing Cash Inflow | 8.3B | 4.0B | -- | 870.24 | 3.6M |
| Total Investing Cash Outflow | 8.7B | 5.6B | 145.0M | 45.0M | 21.3M |
| Investing Cash Flow | -455.0M | -1.6B | -145.0M | -45.0M | -17.8M |
| Cash From Borrowings | 80.0M | -- | 313.0M | 222.0M | 125.0M |
| Dividends And Interest Paid | 142.0M | 77.6M | 49.2M | 38.2M | 47.4M |
| Debt Repayments | 44.0M | 22.0M | 380.0M | 160.0M | 40.0M |
| Total Financing Cash Inflow | 80.0M | -- | 3.6B | 427.0M | 125.0M |
| Total Financing Cash Outflow | 195.0M | 108.0M | 437.0M | 200.0M | 104.0M |
| Financing Cash Flow | -115.0M | -108.0M | 3.1B | 227.0M | 20.9M |
| Net Change In Cash | -826.0M | -1.8B | 2.8B | 161.0M | -68.3M |
| Ending Cash Balance | 433.0M | 1.3B | 3.0B | 237.0M | 76.8M |
| Capex | 172.0M | 337.0M | 145.0M | 45.0M | 21.3M |