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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.3B | 2.5B | 1.6B | 1.0B | 703.0M | 489.0M | 364.0M | 237.0M | 67.2M |
| Revenue Growth % | 29.5% | 59.5% | 51.6% | 47.9% | 43.8% | 34.3% | 53.6% | 252.9% | -- |
| Total Revenue | 3.3B | 2.5B | 1.6B | 1.0B | 703.0M | 489.0M | 364.0M | 237.0M | 67.2M |
| Cost Of Revenue | 1.6B | 1.3B | 806.0M | 525.0M | 319.0M | 199.0M | 163.0M | 126.0M | 33.4M |
| Gross Profit | 1.6B | 1.2B | 771.0M | 515.0M | 384.0M | 290.0M | 201.0M | 111.0M | 33.8M |
| Gross Margin % | 49.6% | 48.3% | 48.9% | 49.5% | 54.6% | 59.3% | 55.2% | 46.8% | 50.3% |
| Total Operating Cost | 2.9B | 2.1B | 1.4B | 897.0M | 570.0M | 393.0M | 285.0M | 193.0M | 62.6M |
| Selling Expenses | 246.0M | 187.0M | 138.0M | 100.0M | 69.9M | 58.7M | 27.4M | 13.6M | 3.7M |
| Admin Expenses | 302.0M | 201.0M | 130.0M | 97.6M | 61.4M | 53.6M | 42.1M | 27.4M | 14.5M |
| Rd Expenses | 488.0M | 373.0M | 223.0M | 142.0M | 88.8M | 63.0M | 43.7M | 23.4M | 11.0M |
| Finance Expenses | 893,700 | -35.3M | -31.6M | -8.9M | -363,100 | 1.0M | -16,000 | -41,300 | -355,000 |
| Operating Income | 515.0M | 443.0M | 286.0M | 203.0M | 151.0M | 108.0M | 96.1M | 48.9M | 5.2M |
| Operating Margin % | 15.8% | 17.6% | 18.1% | 19.5% | 21.5% | 22.1% | 26.4% | 20.6% | 7.8% |
| Non Operating Income | 38.0M | 86.2M | 39.7M | 61.0M | 14.2M | 1.0M | 139,400 | 14,300 | 443,200 |
| Non Operating Expenses | 2.4M | 3.3M | 5.4M | 2.5M | 113,200 | 41,300 | 77,100 | 280,000 | -- |
| Investment Income | -8.5M | -18.0M | -5.2M | 4.1M | 4.2M | -1.4M | 1.1M | -296,400 | 776,500 |
| Fair Value Change Income | -- | 2.0M | -- | -- | -- | -- | -- | -- | -- |
| Asset Disposal Income | 548,900 | 185,500 | 74,300 | 1,800 | -500.00 | -- | -5,200 | -- | -120,500 |
| Asset Impairment Loss | 8.4M | 28.8M | 17.0M | 19.5M | 9.0M | -- | 7.7M | 2.3M | 189,900 |
| Other Income | 123.0M | 84.8M | 66.3M | 55.8M | 13.8M | 13.2M | 15.2M | 4.5M | -- |
| Income Before Tax | 551.0M | 526.0M | 320.0M | 262.0M | 165.0M | 109.0M | 96.2M | 48.7M | 5.6M |
| Income Tax | 24.8M | 43.9M | 16.7M | 19.5M | 13.4M | 9.7M | 7.1M | 2.3M | -11,800 |
| Net Income | 526.0M | 482.0M | 303.0M | 242.0M | 152.0M | 99.6M | 89.1M | 46.4M | 5.7M |
| Net Margin % | 16.1% | 19.2% | 19.2% | 23.3% | 21.6% | 20.4% | 24.5% | 19.6% | 8.4% |
| Net Income Attributable | 352.0M | 343.0M | 243.0M | 220.0M | 147.0M | 103.0M | 89.0M | 46.4M | 5.7M |
| Minority Interest | 174.0M | 139.0M | 60.7M | 22.0M | 4.2M | -3.3M | 61,200 | 4,200 | -- |
| Eps Basic | 0.65 | 0.63 | 0.70 | 1.00 | 0.78 | 0.62 | 0.54 | -- | -- |
| Eps Diluted | 0.65 | 0.63 | 0.70 | 1.00 | 0.78 | 0.62 | 0.54 | -- | -- |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.3B | 1.6B | 2.0B | 1.1B | 906.0M | 112.0M | 68.9M | 32.9M | 31.1M |
| Trading Financial Assets | 20.5M | 53.0M | 35.0M | -- | -- | -- | -- | -- | -- |
| Accounts Receivable | 2.8B | 1.8B | 1.1B | 594.0M | 340.0M | 363.0M | 235.0M | 103.0M | 21.2M |
| Notes Receivable | 51.6M | 15.2M | 33.7M | 9.7M | 1.5M | 1.8M | -- | -- | -- |
| Notes And Accounts Receivable | 2.8B | 1.8B | 1.1B | 603.0M | 342.0M | 365.0M | 235.0M | 103.0M | 21.2M |
| Prepayments | 263.0M | 136.0M | 92.6M | 85.1M | 49.0M | 20.4M | 16.6M | 12.0M | 15.0M |
| Inventory | 695.0M | 391.0M | 389.0M | 167.0M | 99.2M | 62.4M | 44.8M | 25.6M | 21.0M |
| Total Current Assets | 5.8B | 4.6B | 3.9B | 2.1B | 1.6B | 571.0M | 369.0M | 183.0M | 97.0M |
| Long Term Equity Investment | 209.0M | 217.0M | 53.3M | 19.5M | 4.6M | 5.2M | 2.5M | 3.4M | 2.8M |
| Fixed Assets | -- | 160.0M | 108.0M | 29.5M | 20.7M | 27.4M | 19.1M | 6.1M | -- |
| Fixed Assets Total | 199.0M | 160.0M | 108.0M | 29.5M | 20.7M | 27.4M | 19.1M | 6.1M | 2.3M |
| Construction In Progress | -- | 11.6M | 1.2M | -- | -- | -- | -- | -- | -- |
| Construction In Progress Total | 127.0M | 11.6M | 1.2M | -- | -- | -- | -- | -- | -- |
| Intangible Assets | 325.0M | 243.0M | 153.0M | 43.7M | 21.8M | 3.2M | 3.8M | 4.1M | 4.5M |
| Long Term Deferred Expenses | 25.6M | 18.1M | 11.5M | 4.8M | 2.3M | 1.7M | 1.3M | -- | -- |
| Total Non Current Assets | 2.5B | 1.4B | 729.0M | 217.0M | 87.6M | 42.8M | 30.5M | 14.6M | 9.9M |
| Total Assets | 8.3B | 6.0B | 4.6B | 2.4B | 1.7B | 613.0M | 399.0M | 197.0M | 107.0M |
| Short Term Borrowings | 835.0M | 235.0M | 9.1M | 140.0M | -- | 60.0M | 5.0M | -- | -- |
| Accounts Payable | 1.6B | 1.1B | 735.0M | 341.0M | 210.0M | 120.0M | 96.8M | 41.4M | 11.5M |
| Advance Receipts | -- | -- | -- | -- | -- | 69.5M | 42.8M | 65.0M | 57.8M |
| Contract Liabilities | 168.0M | 65.3M | 219.0M | 66.9M | 66.9M | -- | -- | -- | -- |
| Total Current Liabilities | 3.5B | 2.0B | 1.2B | 709.0M | 379.0M | 309.0M | 203.0M | 127.0M | 90.2M |
| Long Term Borrowings | 9.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 229.0M | 126.0M | 75.8M | 175.0M | 61.7M | 16.1M | 10.4M | 5.3M | 338,300 |
| Total Liabilities | 3.7B | 2.1B | 1.3B | 884.0M | 441.0M | 325.0M | 213.0M | 132.0M | 90.6M |
| Paid In Capital | 543.0M | 366.0M | 245.0M | 220.0M | 220.0M | 165.0M | 165.0M | 10.0M | 10.0M |
| Capital Reserve | 2.1B | 2.3B | 2.3B | 770.0M | 749.0M | 2.7M | 21,700 | 5.9M | 5.9M |
| Surplus Reserve | 58.4M | 52.4M | 37.8M | 30.1M | 22.1M | 10.1M | 176,000 | 6.7M | 3.6M |
| Retained Earnings | 1.2B | 884.0M | 605.0M | 415.0M | 247.0M | 111.0M | 18.3M | 40.0M | -3.2M |
| Minority Equity | 756.0M | 342.0M | 143.0M | 44.6M | 11.0M | -523,600 | 2.8M | 2.5M | -- |
| Equity Attributable | 3.8B | 3.6B | 3.2B | 1.4B | 1.2B | 289.0M | 184.0M | 62.7M | 16.3M |
| Total Equity | 4.6B | 3.9B | 3.4B | 1.5B | 1.2B | 289.0M | 186.0M | 65.2M | 16.3M |
| 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 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 | FY 2016Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 2.5B | 1.7B | 1.0B | 806.0M | 522.0M | 399.0M | 228.0M | 191.0M | 52.0M |
| Tax Refunds Received | 3.9M | 5.6M | 6.9M | 1.8M | 4.6M | 4.4M | 2.1M | 166,500 | -- |
| Total Operating Cash Inflow | 2.8B | 2.1B | 1.1B | 987.0M | 568.0M | 425.0M | 258.0M | 196.0M | 70.7M |
| Cash Paid For Goods | 1.3B | 771.0M | 499.0M | 384.0M | 198.0M | 178.0M | 95.7M | 96.0M | 43.8M |
| Cash Paid To Employees | 734.0M | 536.0M | 375.0M | 259.0M | 178.0M | 147.0M | 94.3M | 54.3M | 26.6M |
| Taxes Paid | 256.0M | 144.0M | 69.6M | 29.2M | 19.5M | 24.1M | 10.6M | 3.9M | 1.3M |
| Total Operating Cash Outflow | 2.9B | 2.0B | 1.2B | 820.0M | 488.0M | 429.0M | 241.0M | 190.0M | 81.7M |
| Operating Cash Flow | -81.2M | 125.0M | -28.9M | 167.0M | 79.5M | -3.4M | 17.6M | 5.6M | -11.0M |
| Total Investing Cash Inflow | 803.0M | 127.0M | 328.0M | 983.0M | 948.0M | 41.9M | 456.0M | 219.0M | -- |
| Total Investing Cash Outflow | 1.7B | 814.0M | 818.0M | 1.1B | 972.0M | 53.8M | 531.0M | 225.0M | 2.1M |
| Investing Cash Flow | -942.0M | -687.0M | -490.0M | -97.9M | -24.7M | -11.8M | -75.0M | -6.3M | -2.1M |
| Cash From Borrowings | 1.0B | 424.0M | 8.6M | 140.0M | 104.0M | 83.4M | 22.9M | -- | -- |
| Dividends And Interest Paid | 89.4M | 54.5M | 45.9M | 48.4M | 2.7M | 1.3M | 44.2M | -- | -- |
| Debt Repayments | 432.0M | 209.0M | 145.0M | -- | 164.0M | 28.6M | 17.9M | -- | -- |
| Total Financing Cash Inflow | 1.3B | 560.0M | 1.6B | 145.0M | 924.0M | 83.4M | 155.0M | 2.5M | -- |
| Total Financing Cash Outflow | 638.0M | 314.0M | 210.0M | 57.7M | 185.0M | 31.5M | 62.1M | -- | -- |
| Financing Cash Flow | 647.0M | 245.0M | 1.4B | 87.6M | 740.0M | 51.9M | 92.8M | 2.5M | -- |
| Net Change In Cash | -376.0M | -316.0M | 879.0M | 157.0M | 795.0M | 36.7M | 35.4M | 1.7M | -13.1M |
| Ending Cash Balance | 1.2B | 1.6B | 1.9B | 1.1B | 899.0M | 105.0M | 68.2M | 32.8M | 31.1M |
| Capex | 457.0M | 376.0M | 336.0M | 65.9M | 15.4M | 10.4M | 19.3M | 5.4M | 2.1M |