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 | 1.2B | 1.1B | 968.0M | 871.0M | 790.0M |
| Revenue Growth % | 11.8% | 10.7% | 11.1% | 10.3% | -- |
| Total Revenue | 1.2B | 1.1B | 968.0M | 871.0M | 790.0M |
| Cost Of Revenue | 891.0M | 816.0M | 745.0M | 688.0M | 586.0M |
| Gross Profit | 308.0M | 256.0M | 223.0M | 183.0M | 204.0M |
| Gross Margin % | 25.7% | 23.9% | 23.0% | 21.0% | 25.8% |
| Total Operating Cost | 1.1B | 969.0M | 853.0M | 784.0M | 654.0M |
| Selling Expenses | 15.1M | 14.3M | 10.2M | 5.2M | 5.2M |
| Admin Expenses | 55.4M | 57.6M | 52.3M | 49.8M | 40.3M |
| Rd Expenses | 31.1M | 33.2M | 30.8M | 29.4M | 19.6M |
| Finance Expenses | -2.1M | -4.6M | -4.5M | -6.2M | -5.9M |
| Operating Income | 154.0M | 63.0M | 17.5M | 116.0M | 163.0M |
| Operating Margin % | 12.8% | 5.9% | 1.8% | 13.3% | 20.6% |
| Non Operating Income | 2.2M | 546,900 | 1.2M | 369,800 | 1.4M |
| Non Operating Expenses | 6.1M | 704,800 | 641,900 | 428,800 | 539,400 |
| Investment Income | 5.6M | 3.8M | 11.2M | 10.5M | 3.0M |
| Fair Value Change Income | 26,300 | -51.1M | -117.0M | 1.1M | 87,300 |
| Asset Disposal Income | -1.2M | 1.7M | 478,500 | -373,100 | 1.2M |
| Asset Impairment Loss | -1.2M | 15.2M | 2.3M | 43,000 | 2,600 |
| Other Income | 4.6M | 4.9M | 8.0M | 18.3M | 22.0M |
| Income Before Tax | 151.0M | 62.8M | 18.0M | 116.0M | 163.0M |
| Income Tax | 25.8M | 10.6M | 456,300 | 14.7M | 28.8M |
| Net Income | 125.0M | 52.2M | 17.6M | 102.0M | 135.0M |
| Net Margin % | 10.4% | 4.9% | 1.8% | 11.7% | 17.1% |
| Net Income Attributable | 134.0M | 48.7M | 12.2M | 96.1M | 129.0M |
| Minority Interest | -9.7M | 3.5M | 5.4M | 5.6M | 5.2M |
| Eps Basic | 0.86 | 0.31 | 0.09 | 1.06 | 1.67 |
| Eps Diluted | 0.86 | 0.31 | 0.09 | 1.06 | 1.67 |
| 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 | 914.0M | 809.0M | 775.0M | 688.0M | 849.0M |
| Trading Financial Assets | 22.5M | 1.5M | 82.6M | 301.0M | 180.0M |
| Accounts Receivable | 348.0M | 388.0M | 339.0M | 283.0M | 214.0M |
| Notes Receivable | 2.5M | 4.4M | 1.4M | 499,000 | 1.9M |
| Notes And Accounts Receivable | 351.0M | 393.0M | 340.0M | 284.0M | 216.0M |
| Prepayments | 103.0M | 90.4M | 56.0M | 55.1M | 42.5M |
| Inventory | 37.7M | 38.4M | 38.1M | 12.8M | 12.8M |
| Total Current Assets | 1.5B | 1.4B | 1.3B | 1.4B | 1.3B |
| Long Term Equity Investment | 10.6M | 10.6M | 10.9M | 10.9M | 9.9M |
| Fixed Assets | 549.0M | 529.0M | 303.0M | 309.0M | 222.0M |
| Fixed Assets Total | 555.0M | 529.0M | 303.0M | 309.0M | 222.0M |
| Construction In Progress | 104.0M | 81.7M | 87.9M | 49.0M | 96.1M |
| Construction In Progress Total | 104.0M | 81.7M | 87.9M | 49.0M | 96.1M |
| Intangible Assets | 157.0M | 160.0M | 91.1M | 83.0M | 41.3M |
| Long Term Deferred Expenses | 49.7M | 66.6M | 65.4M | 73.2M | 69.4M |
| Total Non Current Assets | 1.0B | 895.0M | 647.0M | 598.0M | 473.0M |
| Total Assets | 2.5B | 2.3B | 2.0B | 2.0B | 1.8B |
| Short Term Borrowings | 7.7M | -- | -- | -- | 899,600 |
| Accounts Payable | 238.0M | 243.0M | 157.0M | 132.0M | 109.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 523.0M | 424.0M | 381.0M | 333.0M | 316.0M |
| Total Current Liabilities | 841.0M | 729.0M | 575.0M | 523.0M | 461.0M |
| Long Term Borrowings | 40.8M | -- | -- | 3.9M | -- |
| Total Non Current Liabilities | 233.0M | 206.0M | 109.0M | 113.0M | 108.0M |
| Total Liabilities | 1.1B | 935.0M | 684.0M | 636.0M | 569.0M |
| Paid In Capital | 157.0M | 131.0M | 109.0M | 90.7M | 90.7M |
| Capital Reserve | 573.0M | 599.0M | 621.0M | 644.0M | 644.0M |
| Surplus Reserve | 66.5M | 53.5M | 46.7M | 45.4M | 45.4M |
| Retained Earnings | 546.0M | 469.0M | 445.0M | 484.0M | 438.0M |
| Minority Equity | 84.8M | 89.6M | 65.8M | 56.6M | 29.5M |
| Equity Attributable | 1.3B | 1.3B | 1.2B | 1.3B | 1.2B |
| Total Equity | 1.4B | 1.3B | 1.3B | 1.3B | 1.2B |
| 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 | 1.3B | 1.1B | 988.0M | 828.0M | 765.0M |
| Tax Refunds Received | 5.7M | 1.2M | 7.5M | 38.9M | 479,000 |
| Total Operating Cash Inflow | 1.3B | 1.1B | 1.0B | 882.0M | 785.0M |
| Cash Paid For Goods | 781.0M | 672.0M | 620.0M | 557.0M | 449.0M |
| Cash Paid To Employees | 136.0M | 138.0M | 128.0M | 122.0M | 99.0M |
| Taxes Paid | 37.2M | 32.5M | 29.3M | 28.3M | 21.3M |
| Total Operating Cash Outflow | 995.0M | 877.0M | 811.0M | 725.0M | 591.0M |
| Operating Cash Flow | 341.0M | 233.0M | 201.0M | 157.0M | 194.0M |
| Total Investing Cash Inflow | 475.0M | 701.0M | 1.1B | 1.1B | 435.0M |
| Total Investing Cash Outflow | 723.0M | 893.0M | 1.1B | 1.3B | 725.0M |
| Investing Cash Flow | -247.0M | -192.0M | -6.8M | -247.0M | -290.0M |
| Cash From Borrowings | 96.2M | -- | 18.6M | 19.8M | 898,500 |
| Dividends And Interest Paid | 47.1M | 19.8M | 50.4M | 50.5M | 253,500 |
| Debt Repayments | 45.0M | -- | 26.5M | 24.7M | 15.0M |
| Total Financing Cash Inflow | 101.0M | 16.8M | 18.6M | 19.8M | 591.0M |
| Total Financing Cash Outflow | 93.6M | 20.7M | 129.0M | 90.5M | 41.9M |
| Financing Cash Flow | 7.6M | -3.9M | -110.0M | -70.7M | 550.0M |
| Net Change In Cash | 102.0M | 37.1M | 83.4M | -161.0M | 453.0M |
| Ending Cash Balance | 909.0M | 808.0M | 771.0M | 687.0M | 849.0M |
| Capex | 188.0M | 205.0M | 106.0M | 114.0M | 105.0M |