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 | 2.6B | 1.8B | 1.3B | 984.0M | 178.0M |
| Revenue Growth % | 44.2% | 36.8% | 32.2% | 452.8% | -- |
| Total Revenue | 2.6B | 1.8B | 1.3B | 984.0M | 178.0M |
| Cost Of Revenue | 1.5B | 1.0B | 741.0M | 560.0M | 113.0M |
| Gross Profit | 1.0B | 753.0M | 560.0M | 424.0M | 65.0M |
| Gross Margin % | 40.1% | 42.3% | 43.0% | 43.1% | 36.5% |
| Total Operating Cost | 2.3B | 1.5B | 1.1B | 747.0M | 192.0M |
| Selling Expenses | 97.0M | 77.9M | 55.1M | 31.4M | 12.2M |
| Admin Expenses | 220.0M | 154.0M | 81.8M | 50.1M | 25.3M |
| Rd Expenses | 437.0M | 293.0M | 186.0M | 93.6M | 38.5M |
| Finance Expenses | -71.4M | -42.6M | -31.1M | 2.1M | 465,000 |
| Operating Income | 303.0M | 263.0M | 238.0M | 241.0M | -9.7M |
| Operating Margin % | 11.8% | 14.8% | 18.3% | 24.5% | -5.5% |
| Non Operating Income | 2.6M | 3.6M | 4.0M | 2.7M | 1.8M |
| Non Operating Expenses | 2.2M | 24,000 | 1.0M | -- | 24,500 |
| Investment Income | 2.4M | 472,000 | 800,800 | 1.1M | 2.0M |
| Fair Value Change Income | 2.0M | -- | 33,000 | -- | -- |
| Asset Disposal Income | 281,100 | 244,600 | 62,400 | 31,800 | -- |
| Asset Impairment Loss | 41.9M | 12.0M | 24.0M | 5.7M | 1.5M |
| Other Income | 1.9M | 7.3M | 6.6M | 2.8M | 1.9M |
| Income Before Tax | 304.0M | 266.0M | 241.0M | 244.0M | -8.0M |
| Income Tax | -2.9M | 4.9M | -4.9M | -- | -- |
| Net Income | 307.0M | 261.0M | 246.0M | 244.0M | -8.0M |
| Net Margin % | 12.0% | 14.7% | 18.9% | 24.8% | -4.5% |
| Net Income Attributable | 307.0M | 261.0M | 246.0M | 244.0M | -8.0M |
| Minority Interest | -150,000 | -- | -- | -- | -- |
| Eps Basic | 0.72 | 0.64 | 0.68 | 0.71 | -- |
| Eps Diluted | 0.72 | 0.63 | 0.68 | 0.71 | -- |
| 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 | 1.9B | 2.9B | 844.0M | 485.0M | 296.0M |
| Trading Financial Assets | 1.1B | -- | 147.0M | -- | -- |
| Accounts Receivable | 200.0M | 207.0M | 101.0M | 187.0M | 25.2M |
| Notes And Accounts Receivable | 200.0M | 207.0M | 101.0M | 187.0M | 25.2M |
| Prepayments | 10.9M | 25.3M | 23.7M | 89.4M | 21.8M |
| Inventory | 614.0M | 525.0M | 336.0M | 216.0M | 27.7M |
| Total Current Assets | 4.1B | 4.1B | 2.2B | 985.0M | 374.0M |
| Long Term Equity Investment | 9.1M | -- | -- | 4.9M | 2.6M |
| Fixed Assets | -- | 326.0M | 41.9M | 35.1M | 3.4M |
| Fixed Assets Total | 354.0M | 326.0M | 41.9M | 35.1M | 3.4M |
| Construction In Progress | -- | 777,900 | 3.5M | 577,700 | 143,200 |
| Construction In Progress Total | 25.8M | 777,900 | 3.5M | 577,700 | 143,200 |
| Intangible Assets | 9.6M | 7.4M | 8.9M | 7.0M | 2.4M |
| Long Term Deferred Expenses | 7.5M | 7.5M | 17.6M | -- | -- |
| Total Non Current Assets | 536.0M | 356.0M | 105.0M | 74.9M | 12.8M |
| Total Assets | 4.6B | 4.5B | 2.3B | 1.1B | 387.0M |
| Short Term Borrowings | -- | -- | 301.0M | 10.0M | 6.0M |
| Accounts Payable | 209.0M | 185.0M | 83.1M | 63.0M | 17.3M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.6M | 3.6M | 969,200 | 846,600 | 1.6M |
| Total Current Liabilities | 688.0M | 755.0M | 1.2B | 131.0M | 40.3M |
| Total Non Current Liabilities | 22.6M | 8.2M | 12.9M | 15.7M | -- |
| Total Liabilities | 710.0M | 763.0M | 1.2B | 147.0M | 40.3M |
| Paid In Capital | 425.0M | 424.0M | 360.0M | 360.0M | 4.5M |
| Capital Reserve | 2.9B | 2.8B | 400.0M | 386.0M | 399.0M |
| Surplus Reserve | 99.4M | 69.6M | 42.2M | 16.8M | -- |
| Retained Earnings | 538.0M | 421.0M | 272.0M | 151.0M | -57.0M |
| Minority Equity | -150,000 | -- | -- | -- | -- |
| Equity Attributable | 3.9B | 3.7B | 1.1B | 914.0M | 347.0M |
| Total Equity | 3.9B | 3.7B | 1.1B | 914.0M | 347.0M |
| 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 | 1.8B | 1.5B | 897.0M | 191.0M |
| Tax Refunds Received | 103.0M | 43.9M | 41.4M | 22.9M | 437,800 |
| Total Operating Cash Inflow | 2.7B | 1.9B | 1.5B | 942.0M | 197.0M |
| Cash Paid For Goods | 1.8B | 1.4B | 952.0M | 911.0M | 159.0M |
| Cash Paid To Employees | 403.0M | 293.0M | 192.0M | 87.4M | 41.8M |
| Taxes Paid | 15.2M | 12.9M | 6.7M | 7.1M | 5.7M |
| Total Operating Cash Outflow | 2.3B | 1.7B | 1.2B | 1.0B | 218.0M |
| Operating Cash Flow | 443.0M | 208.0M | 350.0M | -82.5M | -21.4M |
| Total Investing Cash Inflow | 2.3B | 217.0M | 607.0M | 122.0M | 457.0M |
| Total Investing Cash Outflow | 3.6B | 375.0M | 795.0M | 156.0M | 465.0M |
| Investing Cash Flow | -1.2B | -158.0M | -189.0M | -34.4M | -7.7M |
| Cash From Borrowings | 219,500 | -- | 301.0M | 10.0M | 6.0M |
| Dividends And Interest Paid | 161.0M | 86.8M | 100.0M | 155,500 | 312,700 |
| Debt Repayments | 219,500 | 301.0M | 10.0M | 6.0M | 4.5M |
| Total Financing Cash Inflow | 120.0M | 2.7B | 301.0M | 318.0M | 250.0M |
| Total Financing Cash Outflow | 219.0M | 433.0M | 486.0M | 9.8M | 4.9M |
| Financing Cash Flow | -99.1M | 2.2B | -185.0M | 308.0M | 245.0M |
| Net Change In Cash | -893.0M | 2.3B | 1.9M | 189.0M | 216.0M |
| Ending Cash Balance | 1.9B | 2.8B | 487.0M | 485.0M | 296.0M |
| Capex | 88.7M | 305.0M | 47.7M | 33.2M | 4.1M |