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 | 5.5B | 3.8B | 2.7B | 1.8B | 1.1B |
| Revenue Growth % | 42.6% | 41.8% | 47.3% | 65.6% | -- |
| Total Revenue | 5.5B | 3.8B | 2.7B | 1.8B | 1.1B |
| Cost Of Revenue | 4.0B | 2.8B | 2.0B | 1.4B | 806.0M |
| Gross Profit | 1.4B | 1.0B | 743.0M | 481.0M | 303.0M |
| Gross Margin % | 26.0% | 26.9% | 27.5% | 26.2% | 27.3% |
| Total Operating Cost | 4.9B | 3.5B | 2.5B | 1.7B | 1.0B |
| Selling Expenses | 82.0M | 57.0M | 47.8M | 40.7M | 23.0M |
| Admin Expenses | 322.0M | 285.0M | 266.0M | 181.0M | 114.0M |
| Rd Expenses | 349.0M | 251.0M | 150.0M | 78.2M | 52.5M |
| Finance Expenses | 24.3M | 14.0M | 7.6M | -3.6M | -630,400 |
| Operating Income | 595.0M | 440.0M | 266.0M | 183.0M | 143.0M |
| Operating Margin % | 10.9% | 11.5% | 9.8% | 10.0% | 12.9% |
| Non Operating Income | 391,600 | 795,500 | 2.4M | 513,900 | 110,200 |
| Non Operating Expenses | 6.0M | 666,800 | 252,300 | 286,200 | 400,400 |
| Investment Income | -4.7M | 2.9M | 697,300 | 1.6M | 330,600 |
| Fair Value Change Income | -19.7M | 53.7M | 25.7M | 16.3M | 23.7M |
| Asset Disposal Income | 186,800 | 31,300 | -13,800 | 127,900 | 289,200 |
| Asset Impairment Loss | 20.4M | 4.0M | 7.9M | 8.8M | 6.9M |
| Other Income | 93.2M | 41.4M | 20.0M | 16.1M | 23.9M |
| Income Before Tax | 590.0M | 441.0M | 268.0M | 183.0M | 143.0M |
| Income Tax | 20.8M | 17.1M | 6.7M | 15.2M | 18.6M |
| Net Income | 569.0M | 423.0M | 261.0M | 168.0M | 124.0M |
| Net Margin % | 10.4% | 11.0% | 9.6% | 9.1% | 11.2% |
| Net Income Attributable | 528.0M | 401.0M | 259.0M | 168.0M | 124.0M |
| Minority Interest | 41.1M | 22.0M | 2.5M | -271,200 | -- |
| Eps Basic | 1.88 | 1.47 | 1.01 | 0.66 | 0.58 |
| Eps Diluted | 1.86 | 1.43 | 0.98 | 0.65 | -- |
| 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 | 1.2B | 606.0M | 1.2B | 621.0M | 812.0M |
| Trading Financial Assets | -- | 30.1M | 30.2M | 20.0M | 70.3M |
| Accounts Receivable | 1.7B | 1.5B | 821.0M | 498.0M | 330.0M |
| Notes Receivable | 174.0M | 261.0M | 225.0M | 137.0M | 154.0M |
| Notes And Accounts Receivable | 1.9B | 1.8B | 1.0B | 635.0M | 484.0M |
| Prepayments | 89.6M | 155.0M | 141.0M | 90.5M | 51.5M |
| Inventory | 3.0B | 3.4B | 2.0B | 1.1B | 639.0M |
| Total Current Assets | 6.7B | 6.4B | 4.7B | 2.7B | 2.3B |
| Long Term Equity Investment | 29.8M | 178,800 | -- | -- | -- |
| Fixed Assets | -- | 652.0M | 524.0M | 331.0M | 333.0M |
| Fixed Assets Total | 1.4B | 652.0M | 524.0M | 331.0M | 333.0M |
| Construction In Progress | -- | 211.0M | 44.1M | 65.5M | 18.5M |
| Construction In Progress Total | 401.0M | 211.0M | 44.1M | 65.5M | 18.5M |
| Intangible Assets | 259.0M | 162.0M | 149.0M | 71.1M | 34.3M |
| Long Term Deferred Expenses | 50.5M | 59.9M | 65.2M | 5.9M | 1.1M |
| Total Non Current Assets | 2.7B | 1.6B | 1.2B | 810.0M | 489.0M |
| Total Assets | 9.4B | 8.1B | 6.0B | 3.5B | 2.8B |
| Short Term Borrowings | 530.0M | 256.0M | 932.0M | 80.1M | -- |
| Accounts Payable | 1.8B | 1.4B | 1.1B | 641.0M | 469.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.6B | 2.3B | 1.1B | 721.0M | 537.0M |
| Total Current Liabilities | 4.8B | 4.7B | 3.4B | 1.6B | 1.1B |
| Long Term Borrowings | 450.0M | 188.0M | 40.1M | -- | -- |
| Total Non Current Liabilities | 1.0B | 295.0M | 128.0M | 72.7M | 18.7M |
| Total Liabilities | 5.8B | 5.0B | 3.6B | 1.6B | 1.1B |
| Paid In Capital | 290.0M | 281.0M | 274.0M | 256.0M | 256.0M |
| Capital Reserve | 1.7B | 1.7B | 1.5B | 1.1B | 1.1B |
| Surplus Reserve | 136.0M | 86.5M | 58.4M | 44.1M | 28.5M |
| Retained Earnings | 1.4B | 1.0B | 661.0M | 450.0M | 323.0M |
| Minority Equity | 82.8M | 52.6M | 5.2M | 2.7M | -- |
| Equity Attributable | 3.5B | 3.0B | 2.4B | 1.9B | 1.7B |
| Total Equity | 3.5B | 3.1B | 2.4B | 1.9B | 1.7B |
| 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 | 3.6B | 3.5B | 2.4B | 1.3B | 855.0M |
| Tax Refunds Received | 38.7M | 1.4M | 33.7M | -- | -- |
| Total Operating Cash Inflow | 3.7B | 3.6B | 2.5B | 1.3B | 882.0M |
| Cash Paid For Goods | 2.4B | 2.8B | 2.1B | 930.0M | 581.0M |
| Cash Paid To Employees | 511.0M | 381.0M | 303.0M | 224.0M | 160.0M |
| Taxes Paid | 172.0M | 112.0M | 87.7M | 88.8M | 112.0M |
| Total Operating Cash Outflow | 3.3B | 3.5B | 2.6B | 1.4B | 938.0M |
| Operating Cash Flow | 399.0M | 116.0M | -162.0M | -19.6M | -56.0M |
| Total Investing Cash Inflow | 1.4B | 955.0M | 114.0M | 263.0M | 63.0M |
| Total Investing Cash Outflow | 1.8B | 1.3B | 444.0M | 480.0M | 213.0M |
| Investing Cash Flow | -410.0M | -390.0M | -330.0M | -216.0M | -150.0M |
| Cash From Borrowings | 1.1B | 557.0M | 1.0B | 80.0M | 95.0M |
| Dividends And Interest Paid | 105.0M | 25.0M | 47.4M | 26.3M | 6.7M |
| Debt Repayments | 467.0M | 1.0B | 125.0M | -- | 248.0M |
| Total Financing Cash Inflow | 1.3B | 725.0M | 1.4B | 97.5M | 1.0B |
| Total Financing Cash Outflow | 770.0M | 1.1B | 270.0M | 39.4M | 260.0M |
| Financing Cash Flow | 572.0M | -337.0M | 1.1B | 58.1M | 759.0M |
| Net Change In Cash | 560.0M | -614.0M | 604.0M | -179.0M | 552.0M |
| Ending Cash Balance | 1.2B | 602.0M | 1.2B | 613.0M | 791.0M |
| Capex | 424.0M | 360.0M | 260.0M | 187.0M | 29.1M |