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 | 2.5B | 1.9B | 1.0B | 134.0M | 328,200 |
| Revenue Growth % | 33.2% | 84.5% | 663.4% | 40728.8% | -- |
| Total Revenue | 2.5B | 1.9B | 1.0B | 134.0M | 328,200 |
| Cost Of Revenue | 103.0M | 54.5M | 33.9M | 7.0M | 59,300 |
| Gross Profit | 2.4B | 1.8B | 989.1M | 127.0M | 268,900 |
| Gross Margin % | 95.9% | 97.1% | 96.7% | 94.7% | 81.9% |
| Total Operating Cost | 2.0B | 2.0B | 1.4B | 1.0B | 769.0M |
| Selling Expenses | 694.0M | 436.0M | 265.0M | 121.0M | 16.5M |
| Admin Expenses | 190.0M | 150.0M | 131.0M | 128.0M | 125.0M |
| Rd Expenses | 911.0M | 1.1B | 886.0M | 733.0M | 610.0M |
| Finance Expenses | 101.0M | 108.0M | 88.0M | 29.0M | 14.6M |
| Operating Income | 568.0M | 6.4M | -358.0M | -857.0M | -714.0M |
| Operating Margin % | 22.6% | 0.3% | -35.0% | -639.6% | -217550.3% |
| Non Operating Income | 436,900 | 1.2M | 7.9M | 13.7M | 1.0M |
| Non Operating Expenses | 456.0M | 404.0M | 170.0M | 25.7M | 1.1M |
| Investment Income | 1.3M | 2.5M | 6.1M | 9.8M | 9.9M |
| Asset Disposal Income | 3,200 | -64,300 | -- | -- | -- |
| Asset Impairment Loss | 8.4M | 42.3M | -- | -- | -- |
| Other Income | 80.7M | 69.7M | 29.3M | 21.2M | 44.9M |
| Income Before Tax | 112.0M | -397.0M | -520.0M | -869.0M | -714.0M |
| Income Tax | -- | -- | -- | -- | -- |
| Net Income | 112.0M | -397.0M | -520.0M | -869.0M | -714.0M |
| Net Margin % | 4.5% | -21.0% | -50.8% | -648.5% | -217550.3% |
| Net Income Attributable | 112.0M | -396.0M | -519.0M | -867.0M | -713.0M |
| Minority Interest | 397,900 | -812,800 | -1.1M | -2.0M | -1.6M |
| Eps Basic | 0.24 | -0.89 | -1.19 | -1.99 | -1.74 |
| Eps Diluted | 0.24 | -0.89 | -1.19 | -1.99 | -1.74 |
| 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 | 315.0M | 293.0M | 972.0M | 349.0M | 950.0M |
| Accounts Receivable | 649.0M | 371.0M | 262.0M | 81.6M | -- |
| Notes Receivable | -- | 77.2M | 6.9M | -- | -- |
| Notes And Accounts Receivable | 649.0M | 448.0M | 269.0M | 81.6M | -- |
| Prepayments | 86.2M | 95.2M | 70.2M | 48.0M | 15.2M |
| Inventory | 259.0M | 203.0M | 192.0M | 89.8M | 39.2M |
| Total Current Assets | 1.5B | 1.1B | 1.5B | 591.0M | 1.0B |
| Fixed Assets | -- | 1.0B | 719.0M | 504.0M | 358.0M |
| Fixed Assets Total | 1.1B | 1.0B | 719.0M | 504.0M | 358.0M |
| Construction In Progress | -- | 224.0M | 171.0M | 113.0M | 173.0M |
| Construction In Progress Total | 350.0M | 224.0M | 171.0M | 113.0M | 173.0M |
| Intangible Assets | 75.4M | 84.3M | 34.6M | 34.7M | 31.2M |
| Long Term Deferred Expenses | 61.7M | 73.2M | 1.0M | 610,700 | 275,900 |
| Total Non Current Assets | 1.8B | 1.7B | 1.2B | 783.0M | 651.0M |
| Total Assets | 3.3B | 2.7B | 2.7B | 1.4B | 1.7B |
| Short Term Borrowings | 1.1B | 1.0B | 508.0M | 281.0M | 139.0M |
| Accounts Payable | 127.0M | 116.0M | 189.0M | 135.0M | 140.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 7.2M | 4.4M | 1.5M | 244,900 | -- |
| Total Current Liabilities | 2.0B | 2.0B | 1.4B | 668.0M | 437.0M |
| Long Term Borrowings | 885.0M | 1.0B | 730.0M | 697.0M | 391.0M |
| Total Non Current Liabilities | 1.1B | 1.3B | 1.6B | 937.0M | 638.0M |
| Total Liabilities | 3.1B | 3.3B | 3.0B | 1.6B | 1.1B |
| Paid In Capital | 445.0M | 445.0M | 445.0M | 435.0M | 435.0M |
| Capital Reserve | 2.9B | 2.9B | 2.8B | 2.4B | 2.3B |
| Surplus Reserve | -- | -- | -- | -- | -- |
| Retained Earnings | -3.8B | -3.9B | -3.5B | -3.0B | -2.1B |
| Minority Equity | -6.0M | -6.4M | -5.5M | -4.5M | -2.5M |
| Equity Attributable | 141.0M | -599.0M | -237.0M | -227.0M | 591.0M |
| Total Equity | 135.0M | -606.0M | -242.0M | -231.0M | 588.0M |
| 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 | 2.3B | 1.8B | 879.0M | 60.1M | -- |
| Tax Refunds Received | 4.3M | 87.7M | 123.0M | 75.8M | 34.1M |
| Total Operating Cash Inflow | 2.4B | 1.9B | 1.0B | 163.0M | 105.0M |
| Cash Paid For Goods | 458.0M | 870.0M | 667.0M | 563.0M | 380.0M |
| Cash Paid To Employees | 778.0M | 678.0M | 404.0M | 306.0M | 172.0M |
| Taxes Paid | 87.4M | 81.8M | 23.8M | 8.2M | 2.2M |
| Total Operating Cash Outflow | 2.3B | 2.3B | 1.5B | 1.0B | 642.0M |
| Operating Cash Flow | 125.0M | -383.0M | -428.0M | -863.0M | -537.0M |
| Total Investing Cash Inflow | 1.3B | 1.1B | 3.3B | 3.0B | 2.5B |
| Total Investing Cash Outflow | 1.7B | 1.6B | 3.9B | 3.2B | 2.6B |
| Investing Cash Flow | -374.0M | -503.0M | -548.0M | -184.0M | -107.0M |
| Cash From Borrowings | 1.8B | 1.8B | 1.2B | 669.0M | 312.0M |
| Dividends And Interest Paid | 106.0M | 117.0M | 84.5M | 32.3M | 23.0M |
| Debt Repayments | 1.8B | 953.0M | 581.0M | 179.0M | 34.1M |
| Total Financing Cash Inflow | 2.4B | 1.8B | 2.3B | 669.0M | 1.5B |
| Total Financing Cash Outflow | 2.1B | 1.6B | 680.0M | 223.0M | 102.0M |
| Financing Cash Flow | 270.0M | 209.0M | 1.6B | 446.0M | 1.4B |
| Net Change In Cash | 21.6M | -678.0M | 622.0M | -601.0M | 786.0M |
| Ending Cash Balance | 315.0M | 293.0M | 971.0M | 349.0M | 950.0M |
| Capex | 376.0M | 505.0M | 555.0M | 194.0M | 117.0M |