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 | 5.7B | 3.0B | 1.3B | 104.0M | 40.7M |
| Revenue Growth % | 93.1% | 134.3% | 1117.3% | 155.4% | -- |
| Total Revenue | 5.7B | 3.0B | 1.3B | 104.0M | 40.7M |
| Cost Of Revenue | 4.1B | 2.1B | 849.0M | 86.6M | 42.6M |
| Gross Profit | 1.6B | 842.0M | 417.0M | 17.4M | -1.9M |
| Gross Margin % | 28.0% | 28.4% | 32.9% | 16.7% | -4.6% |
| Total Operating Cost | 5.1B | 2.7B | 1.2B | 189.0M | 111.0M |
| Selling Expenses | 41.1M | 43.5M | 43.0M | 15.0M | 4.6M |
| Admin Expenses | 272.0M | 194.0M | 84.5M | 31.5M | 22.5M |
| Rd Expenses | 296.0M | 232.0M | 110.0M | 39.1M | 27.3M |
| Finance Expenses | 2.3M | -17.5M | 8.1M | 5.3M | 4.5M |
| Operating Income | 857.0M | 457.0M | 119.0M | -76.1M | -56.2M |
| Operating Margin % | 15.0% | 15.4% | 9.4% | -73.1% | -138.0% |
| Non Operating Income | 306,200 | 2.3M | 41,700 | 117,300 | 5,800 |
| Non Operating Expenses | 1.2M | 638,500 | 1.2M | 2,100 | 52,300 |
| Investment Income | 40.0M | 14.8M | 6.4M | 1.2M | 17,200 |
| Fair Value Change Income | -369,800 | 2.7M | -3.5M | 1.8M | 70.00 |
| Asset Disposal Income | -204,300 | 2.2M | -- | -- | -- |
| Asset Impairment Loss | 195.0M | 70.5M | 33.3M | 9.0M | 7.6M |
| Other Income | 146.0M | 192.0M | 9.4M | 6.5M | 13.6M |
| Income Before Tax | 856.0M | 459.0M | 118.0M | -76.0M | -56.2M |
| Income Tax | 123.0M | 37.2M | -1.3M | -18.8M | -10.2M |
| Net Income | 733.0M | 422.0M | 119.0M | -57.1M | -46.0M |
| Net Margin % | 12.8% | 14.2% | 9.4% | -54.9% | -112.9% |
| Net Income Attributable | 729.0M | 411.0M | 118.0M | -57.1M | -46.0M |
| Minority Interest | 3.2M | 11.1M | 756,100 | -- | -37,900 |
| Eps Basic | 1.96 | 1.13 | 0.33 | -- | -- |
| 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 | 1.1B | 970.0M | 1.4B | 86.0M | 3.7M |
| Trading Financial Assets | 716.0M | 541.0M | 285.0M | 71.8M | 70.00 |
| Accounts Receivable | 1.0B | 663.0M | 332.0M | 31.3M | 15.2M |
| Notes Receivable | 87.5M | 289.0M | 61.8M | 37.5M | 21.4M |
| Notes And Accounts Receivable | 1.1B | 952.0M | 393.0M | 68.8M | 36.6M |
| Prepayments | 85.9M | 208.0M | 97.9M | 33.3M | 3.3M |
| Inventory | 4.3B | 6.1B | 2.1B | 373.0M | 76.2M |
| Total Current Assets | 8.5B | 9.8B | 4.7B | 916.0M | 137.0M |
| Long Term Equity Investment | 1.6M | -- | -- | -- | -- |
| Fixed Assets | -- | 131.0M | 63.8M | 46.3M | 1.6M |
| Fixed Assets Total | 243.0M | 131.0M | 63.8M | 46.3M | 1.6M |
| Construction In Progress | -- | 113.0M | 19.6M | 8.8M | 3.8M |
| Construction In Progress Total | 34.1M | 113.0M | 19.6M | 8.8M | 3.8M |
| Intangible Assets | 153.0M | 129.0M | 32.0M | 32.5M | 17.8M |
| Long Term Deferred Expenses | 26.4M | 33.1M | 11.0M | 3.0M | -- |
| Total Non Current Assets | 1.6B | 1.4B | 408.0M | 221.0M | 44.9M |
| Total Assets | 10.1B | 11.2B | 5.1B | 1.1B | 182.0M |
| Short Term Borrowings | 70.0M | 170.0M | -- | 15.0M | 25.3M |
| Accounts Payable | 1.4B | 1.5B | 593.0M | 174.0M | 50.0M |
| Contract Liabilities | 3.9B | 5.7B | 1.8B | 381.0M | 47.6M |
| Total Current Liabilities | 6.3B | 9.0B | 3.4B | 731.0M | 142.0M |
| Long Term Borrowings | 165.0M | 61.5M | -- | -- | -- |
| Total Non Current Liabilities | 295.0M | 128.0M | 91.7M | 77.2M | 46.8M |
| Total Liabilities | 6.6B | 9.1B | 3.5B | 808.0M | 189.0M |
| Paid In Capital | 405.0M | 365.0M | 365.0M | 12.6M | 9.8M |
| Capital Reserve | 1.8B | 1.1B | 1.1B | 556.0M | 153.0M |
| Surplus Reserve | 119.0M | 49.6M | -- | -- | -- |
| Retained Earnings | 1.2B | 557.0M | 196.0M | -240.0M | -181.0M |
| Minority Equity | 16.5M | 13.3M | 756,100 | -- | -402,800 |
| Equity Attributable | 3.5B | 2.1B | 1.6B | 328.0M | -6.5M |
| Total Equity | 3.5B | 2.1B | 1.6B | 328.0M | -6.9M |
| 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 | 3.3B | 4.8B | 2.3B | 134.0M | 13.0M |
| Tax Refunds Received | 112.0M | 208.0M | -- | 676,100 | 6.2M |
| Total Operating Cash Inflow | 3.6B | 5.8B | 2.3B | 145.0M | 40.0M |
| Cash Paid For Goods | 2.4B | 3.5B | 1.4B | 200.0M | 49.4M |
| Cash Paid To Employees | 736.0M | 591.0M | 223.0M | 53.7M | 24.6M |
| Taxes Paid | 216.0M | 313.0M | 60.1M | 2.0M | 1.6M |
| Total Operating Cash Outflow | 3.6B | 4.6B | 2.5B | 304.0M | 97.7M |
| Operating Cash Flow | 79.5M | 1.2B | -178.0M | -160.0M | -57.7M |
| Total Investing Cash Inflow | 2.9B | 4.3B | 933.0M | 646.0M | 59.1M |
| Total Investing Cash Outflow | 3.6B | 5.6B | 1.3B | 802.0M | 64.2M |
| Investing Cash Flow | -649.0M | -1.3B | -384.0M | -156.0M | -5.1M |
| Cash From Borrowings | 220.0M | 220.0M | -- | 41.0M | 16.0M |
| Dividends And Interest Paid | 6.3M | 1.7M | 583,500 | 3.5M | 554,400 |
| Debt Repayments | 158.0M | -- | 15.0M | 76.1M | 17.1M |
| Total Financing Cash Inflow | 985.0M | 277.0M | 1.2B | 461.0M | 80.1M |
| Total Financing Cash Outflow | 207.0M | 31.1M | 28.9M | 83.2M | 18.0M |
| Financing Cash Flow | 778.0M | 246.0M | 1.1B | 378.0M | 62.1M |
| Net Change In Cash | 207.0M | 185.0M | 579.0M | 61.7M | -721,200 |
| Ending Cash Balance | 1.0B | 830.0M | 645.0M | 65.3M | 3.6M |
| Capex | 79.9M | 272.0M | 41.3M | 53.9M | 5.3M |