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 | 2.1B | 1.8B | 1.5B | 1.2B | 867.0M |
| Revenue Growth % | 14.6% | 19.2% | 30.7% | 35.9% | -- |
| Total Revenue | 2.1B | 1.8B | 1.5B | 1.2B | 867.0M |
| Cost Of Revenue | 1.5B | 1.2B | 950.0M | 807.0M | 562.0M |
| Gross Profit | 566.0M | 643.0M | 590.0M | 371.0M | 305.0M |
| Gross Margin % | 26.9% | 35.0% | 38.3% | 31.5% | 35.2% |
| Total Operating Cost | 1.9B | 1.5B | 1.3B | 1.0B | 833.0M |
| Selling Expenses | 38.4M | 38.5M | 43.4M | 38.7M | 26.1M |
| Admin Expenses | 156.0M | 160.0M | 134.0M | 96.3M | 56.6M |
| Rd Expenses | 101.0M | 88.8M | 71.7M | 49.6M | 27.5M |
| Finance Expenses | 5.2M | 12.9M | 23.0M | 35.0M | 43.2M |
| Operating Income | 268.0M | 345.0M | 302.0M | 150.0M | 294.0M |
| Operating Margin % | 12.7% | 18.8% | 19.6% | 12.7% | 33.9% |
| Non Operating Income | 1.2M | 903,500 | 1.8M | 5.1M | 330,900 |
| Non Operating Expenses | 1.1M | 65,000 | 873,500 | 162,500 | 54,500 |
| Investment Income | 6.3M | 652,800 | -1.2M | -- | 258.0M |
| Fair Value Change Income | 7.4M | -- | -586,600 | -- | -- |
| Asset Disposal Income | -643,100 | -2.0M | 350,500 | -250,700 | -28,200 |
| Asset Impairment Loss | 5.3M | 240,700 | 13.3M | 445,000 | 103.0M |
| Other Income | 16.9M | 16.3M | 14.9M | 1.7M | 1.2M |
| Income Before Tax | 268.0M | 346.0M | 303.0M | 155.0M | 294.0M |
| Income Tax | 18.2M | 26.2M | 65.3M | 34.2M | 31.8M |
| Net Income | 250.0M | 320.0M | 238.0M | 120.0M | 263.0M |
| Net Margin % | 11.9% | 17.4% | 15.5% | 10.2% | 30.3% |
| Net Income Attributable | 248.0M | 320.0M | 235.0M | 121.0M | 270.0M |
| Minority Interest | 1.6M | 79,400 | 2.6M | -196,700 | -7.4M |
| Eps Basic | 0.19 | 0.29 | 0.24 | 0.15 | 0.48 |
| Eps Diluted | 0.19 | 0.29 | 0.24 | 0.15 | 0.48 |
| 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 | 104.0M | 788.0M | 79.2M | 281.0M | 113.0M |
| Trading Financial Assets | 802.0M | -- | -- | -- | -- |
| Accounts Receivable | 481.0M | 343.0M | 277.0M | 180.0M | 142.0M |
| Notes Receivable | 9.0M | 2.9M | 14.2M | 27.2M | 28.6M |
| Notes And Accounts Receivable | 490.0M | 346.0M | 291.0M | 207.0M | 171.0M |
| Prepayments | 33.3M | 18.9M | 10.1M | 13.8M | 4.1M |
| Inventory | 242.0M | 185.0M | 111.0M | 124.0M | 70.9M |
| Total Current Assets | 2.5B | 3.2B | 551.0M | 665.0M | 388.0M |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | -- | 2.3B | 1.5B | 1.2B | 1.0B |
| Fixed Assets Total | 3.2B | 2.3B | 1.5B | 1.2B | 1.0B |
| Construction In Progress | -- | 572.0M | 636.0M | 93.4M | 40.6M |
| Construction In Progress Total | 875.0M | 572.0M | 636.0M | 93.4M | 40.6M |
| Intangible Assets | 397.0M | 394.0M | 397.0M | 410.0M | 302.0M |
| Long Term Deferred Expenses | 45.6M | 12.8M | 17.4M | 7.3M | 5.3M |
| Total Non Current Assets | 5.4B | 4.1B | 3.2B | 2.4B | 2.0B |
| Total Assets | 7.9B | 7.3B | 3.8B | 3.1B | 2.4B |
| Short Term Borrowings | 176.0M | 17.5M | 143.0M | 35.6M | 220.0M |
| Accounts Payable | 584.0M | 370.0M | 321.0M | 151.0M | 113.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 49.8M | 40.8M | 19.5M | 32.5M | 3.1M |
| Total Current Liabilities | 1.2B | 745.0M | 747.0M | 465.0M | 468.0M |
| Long Term Borrowings | 739.0M | 592.0M | 606.0M | 381.0M | 691.0M |
| Total Non Current Liabilities | 917.0M | 742.0M | 662.0M | 419.0M | 825.0M |
| Total Liabilities | 2.1B | 1.5B | 1.4B | 884.0M | 1.3B |
| Paid In Capital | 1.3B | 1.3B | 990.0M | 990.0M | 560.0M |
| Capital Reserve | 3.5B | 3.5B | 742.0M | 742.0M | 142.0M |
| Surplus Reserve | 56.3M | 41.5M | 34.4M | 21.5M | 13.6M |
| Retained Earnings | 938.0M | 860.0M | 548.0M | 409.0M | 354.0M |
| Minority Equity | 37.5M | 35.9M | 19.5M | 17.0M | 7.6M |
| Equity Attributable | 5.8B | 5.7B | 2.3B | 2.2B | 1.1B |
| Total Equity | 5.9B | 5.8B | 2.4B | 2.2B | 1.1B |
| 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 | 2.0B | 1.8B | 1.5B | 1.1B | 772.0M |
| Tax Refunds Received | 27.5M | 4.7M | 27.0M | 15.5M | 9.2M |
| Total Operating Cash Inflow | 2.0B | 2.0B | 1.5B | 1.1B | 788.0M |
| Cash Paid For Goods | 1.1B | 930.0M | 674.0M | 604.0M | 357.0M |
| Cash Paid To Employees | 287.0M | 246.0M | 207.0M | 155.0M | 77.9M |
| Taxes Paid | 96.4M | 150.0M | 113.0M | 80.9M | 33.3M |
| Total Operating Cash Outflow | 1.6B | 1.4B | 1.1B | 902.0M | 509.0M |
| Operating Cash Flow | 420.0M | 538.0M | 453.0M | 240.0M | 279.0M |
| Total Investing Cash Inflow | 4.9B | 717.0M | 1.2M | 1.0M | 61.2M |
| Total Investing Cash Outflow | 6.2B | 3.5B | 832.0M | 462.0M | 898.0M |
| Investing Cash Flow | -1.2B | -2.8B | -831.0M | -461.0M | -837.0M |
| Cash From Borrowings | 1.2B | 446.0M | 648.0M | 437.0M | 1.1B |
| Dividends And Interest Paid | 181.0M | 30.6M | 105.0M | 86.8M | 42.5M |
| Debt Repayments | 939.0M | 477.0M | 332.0M | 928.0M | 513.0M |
| Total Financing Cash Inflow | 1.2B | 3.5B | 702.0M | 1.5B | 1.1B |
| Total Financing Cash Outflow | 1.1B | 600.0M | 523.0M | 1.2B | 606.0M |
| Financing Cash Flow | 123.0M | 2.9B | 179.0M | 391.0M | 445.0M |
| Net Change In Cash | -686.0M | 709.0M | -201.0M | 169.0M | -113.0M |
| Ending Cash Balance | 102.0M | 788.0M | 79.2M | 280.0M | 111.0M |
| Capex | 1.5B | 1.1B | 827.0M | 359.0M | 337.0M |