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 | 30.2B | 24.0B | 25.9B | 25.8B | 20.3B |
| Revenue Growth % | 25.9% | -7.4% | 0.3% | 27.2% | -- |
| Total Revenue | 30.2B | 24.0B | 25.9B | 25.8B | 20.3B |
| Cost Of Revenue | 24.5B | 19.9B | 19.7B | 19.7B | 14.2B |
| Gross Profit | 5.7B | 4.1B | 6.2B | 6.1B | 6.1B |
| Gross Margin % | 18.9% | 17.0% | 24.0% | 23.5% | 30.0% |
| Total Operating Cost | 28.6B | 23.5B | 23.4B | 23.2B | 17.2B |
| Selling Expenses | 262.0M | 246.0M | 314.0M | 431.0M | 283.0M |
| Admin Expenses | 1.5B | 1.4B | 1.3B | 1.1B | 996.0M |
| Rd Expenses | 1.5B | 1.3B | 1.3B | 1.2B | 961.0M |
| Finance Expenses | 344.0M | 377.0M | 352.0M | 378.0M | 487.0M |
| Operating Income | 2.4B | 1.2B | 3.0B | 4.2B | 4.1B |
| Operating Margin % | 7.8% | 4.8% | 11.5% | 16.1% | 20.2% |
| Non Operating Income | 51.6M | 82.1M | 92.4M | 34.3M | 64.1M |
| Non Operating Expenses | 69.7M | 21.5M | 35.5M | 47.0M | 39.4M |
| Investment Income | -2.1M | 77.7M | -12.5M | 117.0M | 47.9M |
| Fair Value Change Income | -- | -- | -- | 23.0M | -- |
| Asset Disposal Income | 150.0M | -3.5M | 62.3M | 1.1B | 681.0M |
| Asset Impairment Loss | 192.0M | 84.2M | 166.0M | 168.0M | 98.4M |
| Other Income | 647.0M | 636.0M | 461.0M | 384.0M | 294.0M |
| Income Before Tax | 2.3B | 1.2B | 3.0B | 4.2B | 4.1B |
| Income Tax | 257.0M | 96.6M | 322.0M | 323.0M | 649.0M |
| Net Income | 2.1B | 1.1B | 2.7B | 3.8B | 3.5B |
| Net Margin % | 6.9% | 4.7% | 10.5% | 14.8% | 17.1% |
| Net Income Attributable | 1.8B | 892.0M | 2.2B | 3.6B | 3.4B |
| Minority Interest | 271.0M | 232.0M | 492.0M | 255.0M | 102.0M |
| Eps Basic | 1.08 | 0.53 | 1.32 | 2.13 | 2.01 |
| Eps Diluted | 1.08 | 0.53 | 1.32 | 2.13 | 2.01 |
| 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 | 3.1B | 2.7B | 3.5B | 5.9B | 2.6B |
| Trading Financial Assets | -- | -- | -- | 65.0M | -- |
| Accounts Receivable | 7.6B | 7.0B | 7.7B | 7.3B | 4.0B |
| Notes Receivable | 1.3B | 969.0M | 1.2B | 878.0M | 108.0M |
| Notes And Accounts Receivable | 8.8B | 7.9B | 8.9B | 8.1B | 4.1B |
| Prepayments | 414.0M | 478.0M | 383.0M | 433.0M | 308.0M |
| Inventory | 4.7B | 3.6B | 3.9B | 3.8B | 2.2B |
| Total Current Assets | 24.0B | 19.9B | 21.3B | 23.5B | 14.4B |
| Long Term Equity Investment | 694.0M | 353.0M | 307.0M | 153.0M | 343.0M |
| Fixed Assets | 34.4B | 24.5B | 25.1B | 21.1B | 17.9B |
| Fixed Assets Total | 34.4B | 24.5B | 25.1B | 21.1B | 17.9B |
| Construction In Progress | 1.7B | 10.7B | 6.1B | 4.1B | 2.1B |
| Construction In Progress Total | 1.7B | 10.7B | 6.1B | 4.1B | 2.1B |
| Intangible Assets | 2.2B | 2.2B | 2.2B | 1.8B | 1.3B |
| Long Term Deferred Expenses | 378.0M | 310.0M | 256.0M | 111.0M | 120.0M |
| Total Non Current Assets | 41.6B | 40.0B | 35.6B | 29.2B | 23.2B |
| Total Assets | 65.6B | 59.9B | 56.9B | 52.7B | 37.6B |
| Short Term Borrowings | 3.0B | 1.9B | 694.0M | 1.6B | 1.9B |
| Accounts Payable | 9.0B | 8.1B | 5.6B | 6.8B | 4.2B |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 387.0M | 706.0M | 502.0M | 412.0M | 361.0M |
| Total Current Liabilities | 25.9B | 20.5B | 19.2B | 15.7B | 13.6B |
| Long Term Borrowings | 8.1B | 9.8B | 8.3B | 5.4B | 3.4B |
| Total Non Current Liabilities | 11.4B | 12.6B | 11.2B | 11.2B | 8.4B |
| Total Liabilities | 37.2B | 33.1B | 30.3B | 26.9B | 22.0B |
| Paid In Capital | 1.7B | 1.7B | 1.7B | 1.7B | 1.7B |
| Capital Reserve | 5.1B | 5.1B | 5.1B | 6.0B | 4.4B |
| Surplus Reserve | 1.2B | 1.2B | 1.2B | 665.0M | 493.0M |
| Retained Earnings | 12.0B | 10.5B | 10.6B | 10.0B | 7.5B |
| Minority Equity | 8.4B | 8.2B | 7.9B | 7.5B | 1.4B |
| Equity Attributable | 19.9B | 18.5B | 18.6B | 18.3B | 14.2B |
| Total Equity | 28.3B | 26.7B | 26.6B | 25.8B | 15.6B |
| 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 | 28.6B | 22.2B | 22.4B | 18.7B | 15.9B |
| Tax Refunds Received | 159.0M | 342.0M | 409.0M | 597.0M | 114.0M |
| Total Operating Cash Inflow | 29.9B | 23.8B | 23.8B | 20.3B | 16.9B |
| Cash Paid For Goods | 18.7B | 14.6B | 13.0B | 11.8B | 8.5B |
| Cash Paid To Employees | 3.3B | 3.3B | 3.3B | 3.2B | 2.4B |
| Taxes Paid | 1.4B | 1.1B | 1.6B | 1.6B | 1.4B |
| Total Operating Cash Outflow | 24.5B | 20.2B | 19.0B | 17.3B | 13.2B |
| Operating Cash Flow | 5.4B | 3.6B | 4.8B | 3.0B | 3.7B |
| Total Investing Cash Inflow | 215.0M | 118.0M | 1.5B | 1.4B | 734.0M |
| Total Investing Cash Outflow | 3.9B | 4.6B | 9.0B | 5.4B | 2.3B |
| Investing Cash Flow | -3.7B | -4.5B | -7.5B | -4.0B | -1.6B |
| Cash From Borrowings | 6.8B | 11.4B | 8.9B | 10.4B | 7.1B |
| Dividends And Interest Paid | 972.0M | 1.6B | 2.4B | 1.7B | 1.2B |
| Debt Repayments | 7.2B | 9.5B | 6.4B | 9.5B | 6.8B |
| Total Financing Cash Inflow | 7.0B | 11.5B | 9.2B | 16.4B | 8.0B |
| Total Financing Cash Outflow | 8.3B | 11.2B | 8.9B | 12.5B | 10.3B |
| Financing Cash Flow | -1.3B | 241.0M | 307.0M | 3.9B | -2.4B |
| Net Change In Cash | 373.0M | -649.0M | -2.4B | 3.0B | -258.0M |
| Ending Cash Balance | 3.1B | 2.7B | 3.4B | 5.7B | 2.5B |
| Capex | 3.6B | 4.6B | 7.8B | 4.7B | 1.8B |