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 | 604.0M | 926.0M | 845.0M | 538.0M | 338.0M |
| Revenue Growth % | -34.8% | 9.6% | 57.1% | 59.2% | -- |
| Total Revenue | 604.0M | 926.0M | 845.0M | 538.0M | 338.0M |
| Cost Of Revenue | 147.0M | 221.0M | 202.0M | 93.1M | 80.2M |
| Gross Profit | 457.0M | 705.0M | 643.0M | 444.9M | 257.8M |
| Gross Margin % | 75.7% | 76.1% | 76.1% | 82.7% | 76.3% |
| Total Operating Cost | 514.0M | 632.0M | 543.0M | 359.0M | 291.0M |
| Selling Expenses | 32.7M | 39.3M | 36.6M | 29.6M | 34.3M |
| Admin Expenses | 120.0M | 124.0M | 95.5M | 102.0M | 80.5M |
| Rd Expenses | 154.0M | 198.0M | 170.0M | 116.0M | 83.1M |
| Finance Expenses | -2.3M | 10.4M | 6.9M | 2.0M | -1.3M |
| Operating Income | 135.0M | 332.0M | 307.0M | 190.0M | 53.2M |
| Operating Margin % | 22.4% | 35.9% | 36.3% | 35.3% | 15.7% |
| Non Operating Income | 804,300 | 21,300 | 127,600 | 227,300 | 71,600 |
| Non Operating Expenses | 158,400 | 66,200 | 43,700 | 36,200 | 53,000 |
| Investment Income | -1.9M | -361,900 | 55,500 | 148.73 | 40,500 |
| Fair Value Change Income | -67,900 | -436,900 | -25,900 | 27,900 | -10,300 |
| Asset Disposal Income | 2,300 | 1,900 | -- | -- | -- |
| Asset Impairment Loss | 17.4M | 3.7M | 1.7M | 8.5M | 2.5M |
| Other Income | 47.5M | 39.5M | 5.0M | 10.8M | 6.0M |
| Income Before Tax | 136.0M | 332.0M | 307.0M | 190.0M | 53.2M |
| Income Tax | 5.8M | 15.8M | 23.1M | 14.8M | 6.7M |
| Net Income | 130.0M | 316.0M | 284.0M | 175.0M | 46.6M |
| Net Margin % | 21.5% | 34.1% | 33.6% | 32.5% | 13.8% |
| Net Income Attributable | 122.0M | 311.0M | 281.0M | 173.0M | 47.1M |
| Minority Interest | 8.1M | 5.4M | 2.5M | 2.5M | -505,000 |
| Eps Basic | 0.20 | 0.57 | 0.52 | 0.32 | -- |
| Eps Diluted | 0.20 | 0.57 | 0.52 | 0.32 | -- |
| 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 | 1.0B | 165.0M | 196.0M | 220.0M | 259.0M |
| Trading Financial Assets | 150.0M | -- | -- | -- | -- |
| Accounts Receivable | 1.0B | 916.0M | 524.0M | 261.0M | 135.0M |
| Notes Receivable | 159.0M | 217.0M | 323.0M | 221.0M | 172.0M |
| Notes And Accounts Receivable | 1.2B | 1.1B | 846.0M | 482.0M | 307.0M |
| Prepayments | 67.3M | 41.6M | 67.6M | 50.5M | 25.0M |
| Inventory | 474.0M | 336.0M | 302.0M | 216.0M | 157.0M |
| Total Current Assets | 2.9B | 1.7B | 1.4B | 1.0B | 768.0M |
| Long Term Equity Investment | 19.8M | 23.5M | 23.9M | -- | -- |
| Fixed Assets | -- | 81.2M | 68.4M | 66.0M | 54.8M |
| Fixed Assets Total | 123.0M | 81.2M | 68.4M | 66.0M | 54.8M |
| Construction In Progress | -- | 352.0M | 268.0M | 202.0M | 44.4M |
| Construction In Progress Total | 475.0M | 352.0M | 268.0M | 202.0M | 44.4M |
| Intangible Assets | 71.6M | 70.8M | 73.8M | 77.8M | 81.6M |
| Long Term Deferred Expenses | 706,800 | 583,900 | 2.3M | 2.6M | 3.7M |
| Total Non Current Assets | 759.0M | 585.0M | 497.0M | 391.0M | 213.0M |
| Total Assets | 3.7B | 2.3B | 1.9B | 1.4B | 981.0M |
| Short Term Borrowings | 200.0M | 330.0M | 272.0M | 161.0M | 5.0M |
| Accounts Payable | 174.0M | 189.0M | 152.0M | 130.0M | 95.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 3.8M | 7.0M | 12.9M | 18.5M | 3.1M |
| Total Current Liabilities | 579.0M | 735.0M | 598.0M | 444.0M | 303.0M |
| Long Term Borrowings | 177.0M | 214.0M | 306.0M | 94.7M | -- |
| Total Non Current Liabilities | 261.0M | 214.0M | 338.0M | 147.0M | 86.9M |
| Total Liabilities | 840.0M | 949.0M | 936.0M | 591.0M | 390.0M |
| Paid In Capital | 637.0M | 541.0M | 541.0M | 541.0M | 527.0M |
| Capital Reserve | 1.5B | 148.0M | 118.0M | 207.0M | 124.0M |
| Surplus Reserve | 64.6M | 61.8M | 37.2M | 9.0M | -- |
| Retained Earnings | 610.0M | 562.0M | 276.0M | 22.8M | -80.3M |
| Minority Equity | 20.4M | 12.3M | 6.9M | 23.0M | 20.4M |
| Equity Attributable | 2.8B | 1.3B | 972.0M | 780.0M | 571.0M |
| Total Equity | 2.8B | 1.3B | 979.0M | 803.0M | 592.0M |
| 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 | 649.0M | 720.0M | 535.0M | 409.0M | 195.0M |
| Tax Refunds Received | 4.0M | -- | 31.4M | -- | -- |
| Total Operating Cash Inflow | 730.0M | 838.0M | 700.0M | 552.0M | 331.0M |
| Cash Paid For Goods | 233.0M | 317.0M | 345.0M | 324.0M | 182.0M |
| Cash Paid To Employees | 326.0M | 307.0M | 238.0M | 194.0M | 125.0M |
| Taxes Paid | 74.9M | 113.0M | 74.5M | 40.3M | 17.0M |
| Total Operating Cash Outflow | 704.0M | 784.0M | 702.0M | 598.0M | 377.0M |
| Operating Cash Flow | 25.5M | 53.7M | -1.7M | -45.9M | -45.8M |
| Total Investing Cash Inflow | 152.0M | 237.00 | 5,096 | 1,321 | 510,600 |
| Total Investing Cash Outflow | 508.0M | 107.0M | 324.0M | 155.0M | 61.4M |
| Investing Cash Flow | -356.0M | -107.0M | -324.0M | -155.0M | -60.9M |
| Cash From Borrowings | 378.0M | 378.0M | 435.0M | 250.0M | 5.0M |
| Dividends And Interest Paid | 79.7M | 10.9M | 6.5M | 2.3M | 4.1M |
| Debt Repayments | 549.0M | 335.0M | 112.0M | 95.0M | -- |
| Total Financing Cash Inflow | 1.8B | 378.0M | 435.0M | 262.0M | 5.0M |
| Total Financing Cash Outflow | 632.0M | 355.0M | 125.0M | 99.6M | 4.1M |
| Financing Cash Flow | 1.2B | 23.0M | 310.0M | 162.0M | 891,600 |
| Net Change In Cash | 841.0M | -30.8M | -15.7M | -38.7M | -106.0M |
| Ending Cash Balance | 1.0B | 165.0M | 196.0M | 212.0M | 251.0M |
| Capex | 208.0M | 107.0M | 165.0M | 155.0M | 61.4M |