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 | 750.0M | 909.0M | 1.0B | 805.0M | 554.0M |
| Revenue Growth % | -17.5% | -10.2% | 25.7% | 45.3% | -- |
| Total Revenue | 750.0M | 909.0M | 1.0B | 805.0M | 554.0M |
| Cost Of Revenue | 499.0M | 556.0M | 588.0M | 462.0M | 329.0M |
| Gross Profit | 251.0M | 353.0M | 424.0M | 343.0M | 225.0M |
| Gross Margin % | 33.5% | 38.8% | 41.9% | 42.6% | 40.6% |
| Total Operating Cost | 717.0M | 773.0M | 807.0M | 647.0M | 467.0M |
| Selling Expenses | 38.6M | 46.2M | 68.6M | 63.3M | 42.9M |
| Admin Expenses | 57.0M | 51.9M | 44.6M | 39.8M | 33.2M |
| Rd Expenses | 82.6M | 80.1M | 79.6M | 60.4M | 42.0M |
| Finance Expenses | -3.5M | -9.0M | -740,800 | -2.5M | 253,400 |
| Operating Income | 73.8M | 170.0M | 236.0M | 181.0M | 99.5M |
| Operating Margin % | 9.8% | 18.7% | 23.3% | 22.5% | 18.0% |
| Non Operating Income | 4,900 | 2,600 | 3,800 | 230,200 | 75,500 |
| Non Operating Expenses | 208,600 | 445,100 | 552,700 | 690,900 | 788,800 |
| Investment Income | 17.5M | 11.0M | 5.4M | 2.1M | -1.1M |
| Fair Value Change Income | 594,700 | 2.3M | 3.3M | 2.5M | -- |
| Asset Disposal Income | 92,800 | 6,200 | 137,700 | 293,800 | -456,700 |
| Asset Impairment Loss | 13.0M | 13.0M | 7.5M | 6.8M | 6.2M |
| Other Income | 22.8M | 20.4M | 21.9M | 18.4M | 13.5M |
| Income Before Tax | 73.6M | 169.0M | 235.0M | 180.0M | 98.8M |
| Income Tax | 4.3M | 17.6M | 21.8M | 19.2M | 11.0M |
| Net Income | 69.3M | 151.0M | 213.0M | 161.0M | 87.8M |
| Net Margin % | 9.2% | 16.6% | 21.0% | 20.0% | 15.9% |
| Net Income Attributable | 69.3M | 151.0M | 213.0M | 161.0M | 87.8M |
| Eps Basic | 0.23 | 0.52 | 0.98 | 1.25 | 0.80 |
| Eps Diluted | 0.23 | 0.52 | 0.98 | 1.25 | 0.80 |
| 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 | 224.0M | 153.0M | 169.0M | 191.0M | 146.0M |
| Trading Financial Assets | 97.0M | 254.0M | 212.0M | 253.0M | -- |
| Accounts Receivable | 640.0M | 636.0M | 556.0M | 435.0M | 292.0M |
| Notes Receivable | 45.2M | 44.5M | 61.0M | 49.5M | 40.7M |
| Notes And Accounts Receivable | 685.0M | 680.0M | 617.0M | 484.0M | 333.0M |
| Prepayments | 9.6M | 18.5M | 22.0M | 8.8M | 4.3M |
| Inventory | 634.0M | 412.0M | 374.0M | 341.0M | 224.0M |
| Total Current Assets | 1.7B | 1.6B | 1.4B | 1.3B | 739.0M |
| Fixed Assets | -- | 228.0M | 154.0M | 50.8M | 47.1M |
| Fixed Assets Total | 359.0M | 228.0M | 154.0M | 50.8M | 47.1M |
| Construction In Progress | -- | 89.6M | 63.7M | 76.2M | 34.0M |
| Construction In Progress Total | 12.4M | 89.6M | 63.7M | 76.2M | 34.0M |
| Intangible Assets | 82.4M | 73.2M | 72.2M | 13.8M | 25.7M |
| Long Term Deferred Expenses | 152,400 | 1.5M | 2.7M | 998,100 | 1.3M |
| Total Non Current Assets | 999.0M | 885.0M | 320.0M | 162.0M | 119.0M |
| Total Assets | 2.7B | 2.5B | 1.8B | 1.5B | 858.0M |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 337.0M | 253.0M | 248.0M | 215.0M | 158.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 368.0M | 217.0M | 262.0M | 215.0M | 160.0M |
| Total Current Liabilities | 927.0M | 697.0M | 786.0M | 693.0M | 479.0M |
| Total Non Current Liabilities | 57.3M | 48.5M | 43.9M | 30.6M | 21.5M |
| Total Liabilities | 984.0M | 746.0M | 830.0M | 724.0M | 500.0M |
| Paid In Capital | 298.0M | 230.0M | 147.0M | 147.0M | 110.0M |
| Capital Reserve | 911.0M | 980.0M | 350.0M | 350.0M | 93.1M |
| Surplus Reserve | 61.9M | 50.7M | 38.3M | 25.2M | 12.4M |
| Retained Earnings | 477.0M | 476.0M | 402.0M | 246.0M | 142.0M |
| Equity Attributable | 1.7B | 1.7B | 938.0M | 769.0M | 358.0M |
| Total Equity | 1.7B | 1.7B | 938.0M | 769.0M | 358.0M |
| 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 | 763.0M | 658.0M | 799.0M | 570.0M | 430.0M |
| Tax Refunds Received | 17.3M | 8.3M | 18.3M | 13.2M | 1.4M |
| Total Operating Cash Inflow | 808.0M | 685.0M | 826.0M | 596.0M | 448.0M |
| Cash Paid For Goods | 373.0M | 425.0M | 375.0M | 255.0M | 138.0M |
| Cash Paid To Employees | 233.0M | 224.0M | 190.0M | 156.0M | 118.0M |
| Taxes Paid | 56.9M | 71.5M | 78.4M | 50.7M | 45.9M |
| Total Operating Cash Outflow | 715.0M | 765.0M | 697.0M | 507.0M | 336.0M |
| Operating Cash Flow | 93.5M | -79.6M | 130.0M | 89.0M | 112.0M |
| Total Investing Cash Inflow | 1.0B | 1.3B | 1.1B | 542.0M | 6.2M |
| Total Investing Cash Outflow | 963.0M | 1.9B | 1.2B | 840.0M | 60.9M |
| Investing Cash Flow | 52.1M | -585.0M | -107.0M | -298.0M | -54.7M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 57.3M | 64.8M | 44.2M | 44.2M | 23.0M |
| Debt Repayments | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | -- | 727.0M | -- | 313.0M | -- |
| Total Financing Cash Outflow | 75.7M | 83.8M | 45.2M | 59.1M | 28.7M |
| Financing Cash Flow | -75.7M | 643.0M | -45.2M | 254.0M | -28.7M |
| Net Change In Cash | 71.0M | -17.2M | -21.5M | 45.0M | 27.2M |
| Ending Cash Balance | 223.0M | 152.0M | 169.0M | 191.0M | 146.0M |
| Capex | 78.2M | 100.0M | 158.0M | 59.2M | 54.7M |