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 | 972.0M | 826.0M | 579.0M | 520.0M | 371.0M |
| Revenue Growth % | 17.7% | 42.7% | 11.3% | 40.2% | -- |
| Total Revenue | 972.0M | 826.0M | 579.0M | 520.0M | 371.0M |
| Cost Of Revenue | 631.0M | 476.0M | 324.0M | 315.0M | 217.0M |
| Gross Profit | 341.0M | 350.0M | 255.0M | 205.0M | 154.0M |
| Gross Margin % | 35.1% | 42.4% | 44.0% | 39.4% | 41.5% |
| Total Operating Cost | 925.0M | 713.0M | 514.0M | 468.0M | 347.0M |
| Selling Expenses | 69.0M | 64.4M | 55.6M | 47.7M | 40.9M |
| Admin Expenses | 64.0M | 49.8M | 39.8M | 34.9M | 31.3M |
| Rd Expenses | 142.0M | 89.3M | 65.6M | 43.3M | 36.8M |
| Finance Expenses | -12.1M | 4.4M | 6.3M | 5.5M | 7.0M |
| Operating Income | 68.6M | 136.0M | 72.2M | 60.6M | 28.7M |
| Operating Margin % | 7.1% | 16.5% | 12.5% | 11.7% | 7.7% |
| Non Operating Income | 361,500 | 13.7M | 4.5M | 749,200 | 104,800 |
| Non Operating Expenses | 2.2M | 2.4M | 4.2M | 1.7M | 2.3M |
| Investment Income | 785,900 | -17,300 | -288,100 | -202,000 | 425,000 |
| Fair Value Change Income | 1.3M | 138,100 | 77,700 | 182,200 | 41,400 |
| Asset Disposal Income | 200,100 | -123,900 | -654,300 | 53,000 | -102,900 |
| Asset Impairment Loss | 9.9M | 12.3M | 8.4M | 7.3M | 8.1M |
| Other Income | 18.7M | 23.0M | 8.0M | 8.6M | 3.9M |
| Income Before Tax | 66.7M | 148.0M | 72.5M | 59.6M | 26.5M |
| Income Tax | -5.6M | 13.6M | 2.4M | 4.8M | 1.5M |
| Net Income | 72.3M | 134.0M | 70.1M | 54.8M | 24.9M |
| Net Margin % | 7.4% | 16.2% | 12.1% | 10.5% | 6.7% |
| Net Income Attributable | 73.1M | 139.0M | 68.7M | 47.5M | 16.8M |
| Minority Interest | -837,500 | -4.5M | 1.4M | 7.3M | 8.1M |
| Eps Basic | 0.64 | 1.48 | 1.12 | 0.82 | 0.29 |
| Eps Diluted | 0.64 | 1.48 | 1.12 | 0.82 | 0.29 |
| 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 | 292.0M | 1.2B | 84.1M | 127.0M | 134.0M |
| Trading Financial Assets | 596.0M | 80.1M | -- | -- | -- |
| Accounts Receivable | 518.0M | 443.0M | 308.0M | 236.0M | 146.0M |
| Notes Receivable | 62.8M | 51.8M | 61.1M | 44.0M | 33.9M |
| Notes And Accounts Receivable | 581.0M | 494.0M | 369.0M | 280.0M | 180.0M |
| Prepayments | 8.1M | 6.4M | 7.9M | 7.5M | 6.6M |
| Inventory | 348.0M | 314.0M | 242.0M | 184.0M | 156.0M |
| Total Current Assets | 1.9B | 2.1B | 741.0M | 617.0M | 511.0M |
| Long Term Equity Investment | 42.4M | -- | -- | -- | -- |
| Fixed Assets | -- | 110.0M | 106.0M | 84.6M | 91.7M |
| Fixed Assets Total | 130.0M | 110.0M | 106.0M | 84.6M | 91.7M |
| Construction In Progress | -- | 16.3M | 534,900 | 2.3M | 358,800 |
| Construction In Progress Total | 211.0M | 16.3M | 534,900 | 2.3M | 358,800 |
| Intangible Assets | 34.7M | 14.0M | 12.1M | 12.4M | 12.6M |
| Long Term Deferred Expenses | 455,900 | 206,500 | -- | 535,500 | 315,300 |
| Total Non Current Assets | 483.0M | 175.0M | 149.0M | 126.0M | 134.0M |
| Total Assets | 2.4B | 2.3B | 890.0M | 743.0M | 645.0M |
| Short Term Borrowings | 63.5M | 8.2M | 138.0M | 128.0M | 120.0M |
| Accounts Payable | 272.0M | 233.0M | 176.0M | 151.0M | 136.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 58.3M | 22.6M | 38.4M | 26.5M | 46.8M |
| Total Current Liabilities | 572.0M | 441.0M | 482.0M | 435.0M | 432.0M |
| Long Term Borrowings | -- | -- | -- | -- | 20.0M |
| Total Non Current Liabilities | 19.3M | 16.9M | 14.9M | 10.0M | 29.1M |
| Total Liabilities | 591.0M | 458.0M | 497.0M | 445.0M | 461.0M |
| Paid In Capital | 115.0M | 82.5M | 61.9M | 60.6M | 57.1M |
| Capital Reserve | 1.4B | 1.5B | 180.0M | 156.0M | 95.5M |
| Surplus Reserve | 46.1M | 37.9M | 21.7M | 14.7M | 10.1M |
| Retained Earnings | 247.0M | 228.0M | 105.0M | 43.6M | 601,500 |
| Minority Equity | -- | 9.9M | 24.4M | 23.1M | 19.9M |
| Equity Attributable | 1.8B | 1.8B | 369.0M | 275.0M | 163.0M |
| Total Equity | 1.8B | 1.8B | 393.0M | 298.0M | 183.0M |
| 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 | 706.0M | 560.0M | 429.0M | 367.0M | 361.0M |
| Tax Refunds Received | 4.0M | 4.6M | 630,800 | -- | -- |
| Total Operating Cash Inflow | 758.0M | 614.0M | 453.0M | 389.0M | 378.0M |
| Cash Paid For Goods | 313.0M | 282.0M | 256.0M | 248.0M | 163.0M |
| Cash Paid To Employees | 238.0M | 159.0M | 120.0M | 98.0M | 74.3M |
| Taxes Paid | 37.1M | 62.3M | 29.5M | 21.3M | 18.8M |
| Total Operating Cash Outflow | 688.0M | 569.0M | 461.0M | 404.0M | 290.0M |
| Operating Cash Flow | 70.0M | 45.1M | -8.0M | -14.6M | 88.8M |
| Total Investing Cash Inflow | 535.0M | 3,000 | 20.1M | 33.5M | 18.5M |
| Total Investing Cash Outflow | 1.4B | 104.0M | 41.4M | 37.7M | 16.8M |
| Investing Cash Flow | -841.0M | -104.0M | -21.3M | -4.2M | 1.7M |
| Cash From Borrowings | 123.0M | 130.0M | 165.0M | 144.0M | 161.0M |
| Dividends And Interest Paid | 46.6M | 5.1M | 9.6M | 13.1M | 6.9M |
| Debt Repayments | 67.0M | 253.0M | 159.0M | 148.0M | 136.0M |
| Total Financing Cash Inflow | 123.0M | 1.5B | 187.0M | 210.0M | 203.0M |
| Total Financing Cash Outflow | 243.0M | 329.0M | 203.0M | 192.0M | 216.0M |
| Financing Cash Flow | -120.0M | 1.1B | -15.8M | 18.0M | -13.3M |
| Net Change In Cash | -890.0M | 1.1B | -45.1M | -799,800 | 77.2M |
| Ending Cash Balance | 255.0M | 1.1B | 64.6M | 110.0M | 111.0M |
| Capex | 269.0M | 23.7M | 21.4M | 4.5M | 1.4M |