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 | 6.7B | 5.9B | 5.0B | 4.2B | 4.6B |
| Revenue Growth % | 14.4% | 17.0% | 18.9% | -7.4% | -- |
| Total Revenue | 6.7B | 5.9B | 5.0B | 4.2B | 4.6B |
| Cost Of Revenue | 4.3B | 3.7B | 3.3B | 2.8B | 3.0B |
| Gross Profit | 2.5B | 2.2B | 1.8B | 1.4B | 1.6B |
| Gross Margin % | 36.6% | 36.5% | 35.3% | 33.0% | 35.0% |
| Total Operating Cost | 5.6B | 4.9B | 4.3B | 3.7B | 3.7B |
| Selling Expenses | 115.0M | 103.0M | 106.0M | 81.9M | 87.6M |
| Admin Expenses | 347.0M | 304.0M | 282.0M | 261.0M | 207.0M |
| Rd Expenses | 619.0M | 505.0M | 384.0M | 352.0M | 344.0M |
| Finance Expenses | 85.7M | 88.4M | 73.2M | 51.0M | 56.7M |
| Operating Income | 1.3B | 1.1B | 844.0M | 581.0M | 945.0M |
| Operating Margin % | 19.0% | 18.5% | 16.7% | 13.7% | 20.6% |
| Non Operating Income | 797,600 | 32,700 | 2.1M | 36,300 | 188,400 |
| Non Operating Expenses | 8.3M | 7.8M | 6.7M | 4.3M | 5.9M |
| Investment Income | 7.4M | -5.5M | -4.5M | -12.8M | -5.4M |
| Fair Value Change Income | -- | -- | -- | 18,000 | -- |
| Asset Disposal Income | -1.4M | 57,800 | 5.9M | 112,300 | 67,900 |
| Asset Impairment Loss | 37.9M | 65.2M | 85.5M | 81.8M | 26.6M |
| Other Income | 92.2M | 104.0M | 81.5M | 85.8M | 116.0M |
| Income Before Tax | 1.3B | 1.1B | 840.0M | 577.0M | 939.0M |
| Income Tax | 134.0M | 133.0M | 99.7M | 52.5M | 89.3M |
| Net Income | 1.1B | 950.0M | 740.0M | 525.0M | 850.0M |
| Net Margin % | 16.9% | 16.1% | 14.7% | 12.4% | 18.6% |
| Net Income Attributable | 1.0B | 832.0M | 641.0M | 433.0M | 785.0M |
| Minority Interest | 120.0M | 118.0M | 99.5M | 92.0M | 65.3M |
| Eps Basic | 1.30 | 1.05 | 0.81 | 0.54 | 0.98 |
| Eps Diluted | 1.30 | 1.05 | 0.81 | 0.54 | 0.98 |
| 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 | 350.0M | 302.0M | 779.0M | 451.0M | 493.0M |
| Trading Financial Assets | -- | -- | -- | 7.0M | -- |
| Accounts Receivable | 2.4B | 2.3B | 2.0B | 1.5B | 1.4B |
| Notes Receivable | 66.0M | 52.7M | 69.2M | 69.8M | 40.6M |
| Notes And Accounts Receivable | 2.5B | 2.4B | 2.0B | 1.6B | 1.5B |
| Prepayments | 33.7M | 18.2M | 34.8M | 17.6M | 13.5M |
| Inventory | 1.3B | 997.0M | 865.0M | 930.0M | 1.0B |
| Total Current Assets | 5.3B | 4.7B | 4.6B | 3.6B | 3.7B |
| Long Term Equity Investment | 224.0M | 218.0M | 203.0M | 166.0M | 128.0M |
| Fixed Assets | 6.3B | 5.8B | 5.7B | 4.6B | 3.7B |
| Fixed Assets Total | 6.3B | 5.8B | 5.7B | 4.6B | 3.7B |
| Construction In Progress | 504.0M | 874.0M | 849.0M | 1.3B | 1.1B |
| Construction In Progress Total | 504.0M | 874.0M | 849.0M | 1.3B | 1.1B |
| Intangible Assets | 485.0M | 497.0M | 511.0M | 523.0M | 443.0M |
| Long Term Deferred Expenses | 83.9M | 69.1M | 55.5M | 54.3M | 31.9M |
| Total Non Current Assets | 8.0B | 8.0B | 7.9B | 7.3B | 6.0B |
| Total Assets | 13.3B | 12.7B | 12.6B | 10.9B | 9.7B |
| Short Term Borrowings | 500.0M | 631.0M | 1.0B | 819.0M | 553.0M |
| Accounts Payable | 730.0M | 715.0M | 587.0M | 394.0M | 516.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 11.4M | 16.5M | 10.4M | 13.0M | 18.6M |
| Total Current Liabilities | 3.4B | 3.2B | 3.4B | 2.4B | 2.2B |
| Long Term Borrowings | 2.1B | 2.0B | 2.1B | 2.0B | 1.2B |
| Total Non Current Liabilities | 2.5B | 2.5B | 2.6B | 2.5B | 1.7B |
| Total Liabilities | 5.9B | 5.8B | 6.0B | 4.8B | 3.9B |
| Paid In Capital | 806.0M | 806.0M | 806.0M | 806.0M | 806.0M |
| Capital Reserve | 1.8B | 1.9B | 2.1B | 2.1B | 2.1B |
| Surplus Reserve | 403.0M | 403.0M | 398.0M | 356.0M | 341.0M |
| Retained Earnings | 4.2B | 3.7B | 3.1B | 2.7B | 2.5B |
| Minority Equity | 643.0M | 690.0M | 576.0M | 541.0M | 318.0M |
| Equity Attributable | 6.8B | 6.3B | 6.0B | 5.6B | 5.5B |
| Total Equity | 7.4B | 7.0B | 6.5B | 6.1B | 5.8B |
| 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 | 6.4B | 6.0B | 4.7B | 4.1B | 4.7B |
| Tax Refunds Received | 101.0M | 16.7M | 66.5M | 158.0M | 44.7M |
| Total Operating Cash Inflow | 6.7B | 6.1B | 4.8B | 4.4B | 5.0B |
| Cash Paid For Goods | 2.9B | 2.9B | 2.1B | 1.8B | 2.6B |
| Cash Paid To Employees | 1.4B | 1.1B | 905.0M | 950.0M | 864.0M |
| Taxes Paid | 432.0M | 453.0M | 372.0M | 277.0M | 212.0M |
| Total Operating Cash Outflow | 5.0B | 4.7B | 3.7B | 3.4B | 3.9B |
| Operating Cash Flow | 1.7B | 1.4B | 1.1B | 1.1B | 1.1B |
| Total Investing Cash Inflow | 27.4M | 16.6M | 20.0M | 14.5M | 3.9M |
| Total Investing Cash Outflow | 750.0M | 882.0M | 1.2B | 1.5B | 1.5B |
| Investing Cash Flow | -723.0M | -865.0M | -1.2B | -1.5B | -1.5B |
| Cash From Borrowings | 2.9B | 2.4B | 3.2B | 3.3B | 2.2B |
| Dividends And Interest Paid | 627.0M | 391.0M | 293.0M | 345.0M | 213.0M |
| Debt Repayments | 3.1B | 2.9B | 2.5B | 2.4B | 1.6B |
| Total Financing Cash Inflow | 3.1B | 2.6B | 3.3B | 3.4B | 2.6B |
| Total Financing Cash Outflow | 4.0B | 3.6B | 2.9B | 3.0B | 2.0B |
| Financing Cash Flow | -920.0M | -1.0B | 346.0M | 414.0M | 595.0M |
| Net Change In Cash | 60.7M | -471.0M | 320.0M | -42.9M | 162.0M |
| Ending Cash Balance | 350.0M | 289.0M | 760.0M | 440.0M | 483.0M |
| Capex | 729.0M | 819.0M | 1.1B | 1.4B | 1.4B |