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 | 537.0M | 1.1B | 1.4B | 1.3B | 426.0M | 240.0M | 180.0M | 142.0M | 84.5M |
| Revenue Growth % | -49.9% | -26.1% | 8.4% | 214.1% | 77.5% | 33.3% | 26.8% | 68.1% | -- |
| Total Revenue | 537.0M | 1.1B | 1.4B | 1.3B | 426.0M | 240.0M | 180.0M | 142.0M | 84.5M |
| Cost Of Revenue | 623.0M | 805.0M | 757.0M | 572.0M | 160.0M | 91.8M | 57.6M | 52.0M | 37.0M |
| Gross Profit | -86.0M | 267.0M | 693.0M | 766.0M | 266.0M | 148.2M | 122.4M | 90.0M | 47.4M |
| Gross Margin % | -16.0% | 24.9% | 47.8% | 57.2% | 62.4% | 61.8% | 68.0% | 63.4% | 56.2% |
| Total Operating Cost | 1.4B | 1.1B | 1.1B | 803.0M | 254.0M | 167.0M | 121.0M | 110.0M | 63.2M |
| Selling Expenses | 25.4M | 36.6M | 93.3M | 61.4M | 18.6M | 14.7M | 11.4M | 9.5M | 5.6M |
| Admin Expenses | 49.3M | 56.7M | 79.6M | 71.3M | 34.1M | 22.9M | 17.2M | 29.5M | 9.0M |
| Rd Expenses | 90.9M | 152.0M | 154.0M | 65.0M | 34.6M | 29.0M | 28.1M | 15.5M | 7.7M |
| Finance Expenses | 10.8M | 7.1M | 12.3M | 7.9M | -118,000 | 2.6M | 2.1M | 1.8M | 1.0M |
| Operating Income | -822.0M | 230.0M | 608.0M | 571.0M | 195.0M | 88.8M | 63.1M | 34.0M | 21.2M |
| Operating Margin % | -153.1% | 21.5% | 41.9% | 42.7% | 45.8% | 37.0% | 35.0% | 24.0% | 25.1% |
| Non Operating Income | 1,000 | 10.5M | 13.3M | 6.2M | 4.0M | 230,000 | 95,000 | 4,500 | 2.2M |
| Non Operating Expenses | 13.2M | 14.8M | 1.5M | 2.9M | 813,100 | 132,000 | 599,600 | 241,400 | 488,200 |
| Investment Income | 44.7M | 66.2M | 11.2M | 7.7M | 5.4M | 1.5M | 675,200 | 33,500 | -- |
| Fair Value Change Income | -8.8M | -43.3M | 12.5M | 3.3M | -- | -- | -- | -- | -- |
| Asset Disposal Income | 26,900 | 26.5M | -- | -- | -- | -- | -- | 12,500 | -- |
| Asset Impairment Loss | 582.0M | 14.9M | 11.0M | 1.2M | 831,700 | 2.7M | 2.2M | -664,100 | 1.2M |
| Other Income | 17.0M | 203.0M | 261.0M | 25.3M | 16.3M | 15.3M | 4.2M | 2.2M | -- |
| Income Before Tax | -835.0M | 226.0M | 620.0M | 575.0M | 198.0M | 88.9M | 62.6M | 33.8M | 23.0M |
| Income Tax | -21.5M | 22.5M | 68.8M | 73.5M | 29.2M | 11.2M | 8.7M | 4.8M | 2.4M |
| Net Income | -814.0M | 204.0M | 551.0M | 501.0M | 169.0M | 77.7M | 53.9M | 29.0M | 20.6M |
| Net Margin % | -151.6% | 19.0% | 38.0% | 37.4% | 39.7% | 32.4% | 30.0% | 20.4% | 24.4% |
| Net Income Attributable | -815.0M | 202.0M | 551.0M | 501.0M | 169.0M | 77.7M | 53.9M | 29.0M | 20.6M |
| Minority Interest | 1.2M | 1.2M | -382,700 | -- | -- | -- | -- | -- | -- |
| Eps Basic | -3.98 | 0.98 | 4.36 | 6.26 | 2.35 | 1.32 | 0.97 | 0.58 | 0.41 |
| Eps Diluted | -3.98 | 0.98 | 4.33 | 6.21 | 2.35 | 1.32 | 0.97 | 0.58 | 0.41 |
| 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 | 112.0M | 355.0M | 294.0M | 292.0M | 147.0M | 10.0M | 6.8M | 7.3M | 6.1M |
| Trading Financial Assets | 1.4B | 1.8B | 2.8B | 591.0M | 574.0M | 57.0M | -- | -- | -- |
| Accounts Receivable | 345.0M | 597.0M | 430.0M | 419.0M | 97.5M | 48.7M | 41.2M | 38.0M | 33.6M |
| Notes Receivable | 134.0M | 178.0M | 337.0M | -- | -- | -- | 48.7M | 53.5M | 22.3M |
| Notes And Accounts Receivable | 479.0M | 774.0M | 767.0M | 419.0M | 97.5M | 48.7M | 89.9M | 91.5M | 55.9M |
| Prepayments | 14.1M | 37.5M | 33.7M | 14.5M | 6.4M | 3.5M | 3.9M | 7.4M | 2.3M |
| Inventory | 300.0M | 251.0M | 191.0M | 270.0M | 47.3M | 25.3M | 32.1M | 19.6M | 8.1M |
| Total Current Assets | 2.4B | 3.4B | 4.3B | 1.9B | 1.1B | 243.0M | 187.0M | 145.0M | 72.3M |
| Long Term Equity Investment | 74.6M | 75.6M | 67.5M | 10.0M | 9.9M | -- | -- | -- | -- |
| Fixed Assets | -- | 2.0B | 1.2B | 754.0M | 246.0M | 79.5M | 67.9M | 57.6M | -- |
| Fixed Assets Total | 3.1B | 2.0B | 1.2B | 754.0M | 246.0M | 79.5M | 67.9M | 57.6M | 53.6M |
| Construction In Progress | -- | 1.1B | 727.0M | 109.0M | 73.2M | 7.6M | 15.4M | 4.5M | -- |
| Construction In Progress Total | 302.0M | 1.1B | 727.0M | 109.0M | 73.2M | 7.6M | 15.4M | 4.5M | 1.7M |
| Intangible Assets | 237.0M | 241.0M | 240.0M | 116.0M | 34.0M | 2.4M | 2.5M | 2.6M | 2.6M |
| Total Non Current Assets | 3.8B | 3.7B | 2.5B | 1.1B | 390.0M | 93.9M | 88.7M | 73.7M | 63.3M |
| Total Assets | 6.2B | 7.2B | 6.8B | 2.9B | 1.5B | 337.0M | 276.0M | 219.0M | 136.0M |
| Short Term Borrowings | 53.9M | 54.0M | 50.0M | 78.9M | -- | 15.6M | 19.3M | 1.5M | -- |
| Accounts Payable | 342.0M | 389.0M | 221.0M | 163.0M | 39.2M | 8.0M | 1.6M | 2.0M | 874,400 |
| Advance Receipts | -- | -- | -- | -- | -- | 10.2M | 15.7M | 12.8M | 590,600 |
| Contract Liabilities | 855,000 | 5.7M | 6.8M | 6.5M | 29.7M | -- | -- | -- | -- |
| Total Current Liabilities | 788.0M | 704.0M | 575.0M | 393.0M | 159.0M | 63.1M | 59.8M | 52.9M | 7.7M |
| Long Term Borrowings | 152.0M | 341.0M | 214.0M | 48.0M | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 273.0M | 393.0M | 274.0M | 656.0M | 33.2M | 3.9M | 4.1M | 2.6M | 2.1M |
| Total Liabilities | 1.1B | 1.1B | 849.0M | 1.1B | 192.0M | 66.9M | 63.9M | 55.5M | 9.8M |
| Paid In Capital | 204.0M | 139.0M | 94.1M | 80.2M | 80.0M | 60.0M | 57.7M | 52.0M | 50.0M |
| Capital Reserve | 4.4B | 4.6B | 4.7B | 1.0B | 939.0M | 85.0M | 76.8M | 58.9M | 52.6M |
| Surplus Reserve | 162.0M | 162.0M | 141.0M | 85.4M | 35.3M | 18.4M | 10.6M | 5.2M | 2.3M |
| Retained Earnings | 467.0M | 1.3B | 1.1B | 649.0M | 238.0M | 107.0M | 66.7M | 47.1M | 21.0M |
| Minority Equity | 6.3M | 5.7M | 4.5M | -- | -- | -- | -- | -- | -- |
| Equity Attributable | 5.2B | 6.1B | 6.0B | 1.9B | 1.3B | 270.0M | 212.0M | 163.0M | 126.0M |
| Total Equity | 5.2B | 6.1B | 6.0B | 1.9B | 1.3B | 270.0M | 212.0M | 163.0M | 126.0M |
| 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 | 535.0M | 514.0M | 1.1B | 907.0M | 225.0M | 143.0M | 163.0M | 109.0M | 86.0M |
| Tax Refunds Received | 98.5M | 174.0M | 46.8M | 764,600 | 309,400 | -- | 159,300 | -- | 213,300 |
| Total Operating Cash Inflow | 699.0M | 905.0M | 1.5B | 939.0M | 258.0M | 157.0M | 169.0M | 110.0M | 90.5M |
| Cash Paid For Goods | 285.0M | 350.0M | 548.0M | 640.0M | 83.4M | 47.1M | 38.2M | 40.7M | 24.7M |
| Cash Paid To Employees | 89.0M | 111.0M | 93.1M | 99.4M | 67.4M | 58.1M | 45.4M | 26.6M | 19.2M |
| Taxes Paid | 28.2M | 138.0M | 205.0M | 79.1M | 37.6M | 34.0M | 29.8M | 18.4M | 10.3M |
| Total Operating Cash Outflow | 501.0M | 697.0M | 978.0M | 873.0M | 217.0M | 163.0M | 136.0M | 104.0M | 65.0M |
| Operating Cash Flow | 198.0M | 208.0M | 495.0M | 66.8M | 41.2M | -6.1M | 32.3M | 5.9M | 25.5M |
| Total Investing Cash Inflow | 4.7B | 6.4B | 3.4B | 1.1B | 1.4B | 273.0M | 105.0M | 12.1M | -- |
| Total Investing Cash Outflow | 5.0B | 6.5B | 7.0B | 1.7B | 2.2B | 287.0M | 156.0M | 35.6M | 824,400 |
| Investing Cash Flow | -287.0M | -119.0M | -3.6B | -638.0M | -745.0M | -14.2M | -50.8M | -23.5M | -824,400 |
| Cash From Borrowings | 150.0M | 284.0M | 410.0M | 676.0M | -- | -- | 5.0M | -- | -- |
| Dividends And Interest Paid | 14.7M | 36.5M | 26.8M | 40.4M | 20.0M | 30.1M | 29.1M | -- | 610,300 |
| Debt Repayments | 231.0M | 167.0M | 218.0M | -- | -- | 5.0M | -- | -- | 25.0M |
| Total Financing Cash Inflow | 152.0M | 328.0M | 3.6B | 758.0M | 880.0M | 60.4M | 46.8M | 19.0M | -- |
| Total Financing Cash Outflow | 306.0M | 356.0M | 447.0M | 42.0M | 38.5M | 36.9M | 29.1M | 24,300 | 25.6M |
| Financing Cash Flow | -154.0M | -27.8M | 3.1B | 716.0M | 841.0M | 23.6M | 17.7M | 18.9M | -25.6M |
| Net Change In Cash | -243.0M | 61.4M | 1.9M | 145.0M | 137.0M | 3.2M | -509,000 | 1.3M | -862,600 |
| Ending Cash Balance | 112.0M | 355.0M | 294.0M | 292.0M | 147.0M | 10.0M | 6.8M | 7.3M | 6.1M |
| Capex | 798.0M | 1.3B | 1.2B | 641.0M | 225.0M | 11.4M | 18.0M | 4.6M | 824,400 |