Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | 1.5B | 407.0M | 531.0M | 634.0M | 1.3B |
| Revenue Growth % | 264.4% | -23.4% | -16.2% | -52.0% | -- |
| Total Revenue | 1.5B | 407.0M | 531.0M | 634.0M | 1.3B |
| Cost Of Revenue | 1.1B | 332.0M | 445.0M | 437.0M | 666.0M |
| Gross Profit | 413.0M | 75.0M | 86.0M | 197.0M | 655.0M |
| Gross Margin % | 27.8% | 18.4% | 16.2% | 31.1% | 49.6% |
| Total Operating Cost | 1.2B | 811.0M | 980.0M | 594.0M | 1.1B |
| Selling Expenses | 20.8M | 13.2M | 21.8M | 19.2M | 42.7M |
| Admin Expenses | 72.5M | 70.1M | 56.0M | 55.8M | 98.3M |
| Finance Expenses | -1.2M | -5.5M | -5.2M | -6.5M | -18.1M |
| Operating Income | 160.0M | -383.0M | -431.0M | 215.0M | 285.0M |
| Operating Margin % | 10.8% | -94.1% | -81.2% | 33.9% | 21.6% |
| Non Operating Income | 943,600 | 2.4M | 386,400 | 1.5M | 1.7M |
| Non Operating Expenses | 37,300 | 268,000 | 530,600 | 478,900 | 208,100 |
| Investment Income | -151.0M | 1.3M | 10.5M | 165.0M | 1.8M |
| Fair Value Change Income | 16.6M | 18.5M | 7.8M | 9.0M | 11.8M |
| Asset Disposal Income | -5,800 | 195,800 | -1,000 | -- | -8,900 |
| Asset Impairment Loss | 2.4M | 375.0M | 393.0M | 532,400 | -268,900 |
| Other Income | 31,700 | 842,200 | 567,300 | 559,800 | 1.7M |
| Income Before Tax | 161.0M | -381.0M | -431.0M | 216.0M | 286.0M |
| Income Tax | 61.7M | -3.4M | 17.0M | 66.0M | 68.8M |
| Net Income | 99.6M | -378.0M | -448.0M | 150.0M | 218.0M |
| Net Margin % | 6.7% | -92.9% | -84.4% | 23.7% | 16.5% |
| Net Income Attributable | 100.0M | -177.0M | -251.0M | 154.0M | 221.0M |
| Minority Interest | -402,900 | -201.0M | -197.0M | -4.1M | -3.2M |
| Eps Basic | 0.10 | -0.17 | -0.25 | 0.15 | 0.22 |
| Eps Diluted | 0.10 | -0.17 | -0.25 | 0.15 | 0.22 |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash And Equivalents | 285.0M | 529.0M | 871.0M | 198.0M | 564.0M |
| Trading Financial Assets | 1.1B | 988.0M | 879.0M | 408.0M | 514.0M |
| Accounts Receivable | 44.9M | 56.7M | 75.1M | 63.6M | 61.0M |
| Notes Receivable | -- | 100,000 | -- | 1.5M | 3.5M |
| Notes And Accounts Receivable | 44.9M | 56.8M | 75.1M | 65.1M | 64.6M |
| Prepayments | 31,600 | 1.2M | 409,200 | 1.2M | 4.9M |
| Inventory | 1.1B | 3.6B | 3.9B | 4.3B | 4.0B |
| Total Current Assets | 3.3B | 5.4B | 5.9B | 5.0B | 5.4B |
| Long Term Equity Investment | -- | -- | -- | 93,900 | 272,200 |
| Fixed Assets | 14.9M | 17.5M | 19.9M | 21.4M | -- |
| Fixed Assets Total | 14.9M | 17.5M | 19.9M | 21.4M | 23.9M |
| Construction In Progress | 571,800 | -- | -- | -- | -- |
| Construction In Progress Total | 571,800 | -- | -- | -- | -- |
| Intangible Assets | -- | -- | -- | -- | -- |
| Long Term Deferred Expenses | 1.6M | 1.7M | 1.6M | 2.2M | 2.2M |
| Total Non Current Assets | 560.0M | 583.0M | 614.0M | 682.0M | 822.0M |
| Total Assets | 3.9B | 6.0B | 6.5B | 5.7B | 6.2B |
| Short Term Borrowings | 50,000 | 1.6M | 3.5M | 51.1M | 50.4M |
| Accounts Payable | 172.0M | 464.0M | 443.0M | 435.0M | 141.0M |
| Advance Receipts | 722,000 | 1.4M | 420,700 | 5.5M | 6.4M |
| Contract Liabilities | 28.4M | 1.3B | 1.3B | 43.5M | 200.0M |
| Total Current Liabilities | 412.0M | 2.5B | 2.5B | 1.3B | 1.9B |
| Long Term Borrowings | -- | 62.3M | 179.0M | 54.3M | -- |
| Total Non Current Liabilities | 867,900 | 63.5M | 182.0M | 57.4M | 9.7M |
| Total Liabilities | 413.0M | 2.6B | 2.7B | 1.4B | 2.0B |
| Paid In Capital | 1.0B | 1.0B | 1.0B | 1.0B | 1.0B |
| Capital Reserve | 978.0M | 978.0M | 978.0M | 978.0M | 978.0M |
| Surplus Reserve | 275.0M | 275.0M | 275.0M | 275.0M | 241.0M |
| Retained Earnings | 1.3B | 1.2B | 1.4B | 1.7B | 1.7B |
| Minority Equity | -143.0M | -117.0M | 85.1M | 282.0M | 289.0M |
| Equity Attributable | 3.6B | 3.5B | 3.7B | 4.0B | 3.9B |
| Total Equity | 3.5B | 3.4B | 3.8B | 4.3B | 4.2B |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|---|
| Cash From Sales | 249.0M | 449.0M | 1.9B | 511.0M | 1.4B |
| Tax Refunds Received | 14.5M | 20.4M | 1.2M | 133.0M | -- |
| Total Operating Cash Inflow | 268.0M | 485.0M | 2.0B | 668.0M | 1.8B |
| Cash Paid For Goods | 159.0M | 350.0M | 491.0M | 641.0M | 2.3B |
| Cash Paid To Employees | 66.5M | 76.7M | 87.0M | 89.5M | 192.0M |
| Taxes Paid | 85.2M | 134.0M | 250.0M | 540.0M | 236.0M |
| Total Operating Cash Outflow | 364.0M | 613.0M | 906.0M | 1.3B | 3.0B |
| Operating Cash Flow | -95.3M | -127.0M | 1.0B | -676.0M | -1.2B |
| Total Investing Cash Inflow | 1.1B | 1.9M | 139.0M | 283.0M | 800.0M |
| Total Investing Cash Outflow | 1.2B | 91.5M | 601.0M | 713,500 | 1.8B |
| Investing Cash Flow | -46.7M | -89.7M | -462.0M | 282.0M | -952.0M |
| Cash From Borrowings | 50,000 | 1.6M | 169.0M | 111.0M | 50.4M |
| Dividends And Interest Paid | 3.8M | 5.3M | 67.4M | 89.7M | 88.0M |
| Debt Repayments | 96.2M | 118.0M | 16.2M | 50.4M | 76.9M |
| Total Financing Cash Inflow | 50,000 | 1.6M | 169.0M | 111.0M | 266.0M |
| Total Financing Cash Outflow | 99.9M | 123.0M | 83.6M | 140.0M | 165.0M |
| Financing Cash Flow | -99.9M | -121.0M | 85.9M | -28.7M | 101.0M |
| Net Change In Cash | -242.0M | -338.0M | 669.0M | -422.0M | -2.1B |
| Ending Cash Balance | 279.0M | 521.0M | 859.0M | 190.0M | 612.0M |
| Capex | 1.9M | 1.5M | 1.5M | 713,500 | 1.8M |