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 | 4.1B | 4.3B | 5.5B | 6.0B | 7.7B |
| Revenue Growth % | -4.0% | -22.7% | -8.3% | -21.8% | -- |
| Total Revenue | 4.1B | 4.3B | 5.5B | 6.0B | 7.7B |
| Cost Of Revenue | 3.1B | 3.3B | 4.1B | 5.0B | 4.8B |
| Gross Profit | 1.0B | 948.0M | 1.5B | 1.0B | 2.9B |
| Gross Margin % | 24.5% | 22.2% | 26.3% | 17.0% | 37.2% |
| Total Operating Cost | 3.7B | 3.9B | 4.7B | 5.6B | 5.6B |
| Selling Expenses | 111.0M | 96.2M | 88.5M | 83.5M | 77.4M |
| Admin Expenses | 362.0M | 386.0M | 424.0M | 399.0M | 580.0M |
| Rd Expenses | 19.6M | 16.6M | 23.5M | 18.4M | 17.0M |
| Finance Expenses | -19.4M | -38.3M | -50.9M | -41.0M | -41.4M |
| Operating Income | 804.0M | 730.0M | 969.0M | 399.0M | 2.5B |
| Operating Margin % | 19.6% | 17.1% | 17.5% | 6.6% | 31.9% |
| Non Operating Income | 5.0M | 2.1M | 22.8M | 17.3M | 4.7M |
| Non Operating Expenses | 11.8M | 23.0M | 15.7M | 35.3M | 41.3M |
| Investment Income | 236.0M | 218.0M | 169.0M | 194.0M | 268.0M |
| Fair Value Change Income | 113.0M | 103.0M | -30.6M | -234.0M | 62.6M |
| Asset Disposal Income | 26.0M | -172,100 | 16.6M | 5.4M | 54,300 |
| Asset Impairment Loss | 27.8M | 6.7M | 45.4M | 52.1M | -- |
| Other Income | 11.1M | 10.0M | 12.4M | 12.4M | 12.8M |
| Income Before Tax | 797.0M | 709.0M | 976.0M | 381.0M | 2.4B |
| Income Tax | 154.0M | 156.0M | 227.0M | 111.0M | 584.0M |
| Net Income | 643.0M | 553.0M | 749.0M | 270.0M | 1.8B |
| Net Margin % | 15.7% | 12.9% | 13.5% | 4.5% | 23.8% |
| Net Income Attributable | 634.0M | 538.0M | 742.0M | 266.0M | 1.8B |
| Minority Interest | 9.0M | 15.0M | 7.8M | 4.0M | 1.2M |
| Eps Basic | 0.54 | 0.46 | 0.64 | 0.23 | 1.57 |
| Eps Diluted | 0.54 | 0.46 | 0.64 | 0.23 | 1.57 |
| 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 | 1.3B | 1.6B | 1.5B | 1.3B | 1.4B |
| Trading Financial Assets | 3.5B | 3.4B | 3.2B | 3.2B | 3.4B |
| Accounts Receivable | 55.2M | 50.7M | 40.0M | 30.3M | 26.7M |
| Notes Receivable | 5.6M | 1.4M | -- | 2.5M | 2.5M |
| Notes And Accounts Receivable | 60.8M | 52.1M | 40.0M | 32.8M | 29.2M |
| Prepayments | 19.1M | 22.7M | 23.9M | 28.6M | 22.6M |
| Inventory | 486.0M | 580.0M | 632.0M | 600.0M | 672.0M |
| Total Current Assets | 6.7B | 6.3B | 6.7B | 6.0B | 5.9B |
| Long Term Equity Investment | 652.0M | 621.0M | 576.0M | 543.0M | 524.0M |
| Fixed Assets | 3.1B | 3.3B | 3.5B | 3.8B | 4.0B |
| Fixed Assets Total | 3.1B | 3.3B | 3.5B | 3.8B | 4.0B |
| Construction In Progress | 154.0M | 191.0M | 139.0M | 58.1M | 80.0M |
| Construction In Progress Total | 154.0M | 191.0M | 139.0M | 58.1M | 80.5M |
| Intangible Assets | 708.0M | 782.0M | 728.0M | 752.0M | 781.0M |
| Long Term Deferred Expenses | 390.0M | 451.0M | 346.0M | 389.0M | 418.0M |
| Total Non Current Assets | 6.8B | 7.2B | 6.8B | 6.8B | 7.9B |
| Total Assets | 13.4B | 13.5B | 13.5B | 12.8B | 13.8B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 558.0M | 685.0M | 600.0M | 668.0M | 828.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 150.0M | 194.0M | 182.0M | 193.0M | 261.0M |
| Total Current Liabilities | 1.0B | 1.2B | 1.2B | 1.2B | 1.8B |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 347.0M | 301.0M | 299.0M | 318.0M | 282.0M |
| Total Liabilities | 1.4B | 1.5B | 1.5B | 1.5B | 2.1B |
| Paid In Capital | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B |
| Capital Reserve | 3.8B | 3.8B | 3.8B | 3.7B | 3.7B |
| Surplus Reserve | 658.0M | 658.0M | 658.0M | 658.0M | 658.0M |
| Retained Earnings | 6.5B | 6.4B | 6.4B | 5.8B | 6.3B |
| Minority Equity | 45.0M | 55.4M | 40.4M | 34.9M | 30.7M |
| Equity Attributable | 12.0B | 12.0B | 12.0B | 11.3B | 11.7B |
| Total Equity | 12.1B | 12.0B | 12.0B | 11.3B | 11.8B |
| 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 | 4.5B | 4.8B | 6.2B | 6.7B | 8.7B |
| Tax Refunds Received | -- | -- | -- | 42.1M | -- |
| Total Operating Cash Inflow | 4.6B | 4.9B | 6.3B | 6.9B | 8.8B |
| Cash Paid For Goods | 3.0B | 3.1B | 4.1B | 5.0B | 4.8B |
| Cash Paid To Employees | 293.0M | 378.0M | 368.0M | 571.0M | 593.0M |
| Taxes Paid | 397.0M | 440.0M | 589.0M | 587.0M | 1.1B |
| Total Operating Cash Outflow | 3.8B | 4.1B | 5.1B | 6.3B | 6.6B |
| Operating Cash Flow | 778.0M | 850.0M | 1.2B | 533.0M | 2.2B |
| Total Investing Cash Inflow | 38.2B | 32.3B | 19.2B | 16.4B | 26.8B |
| Total Investing Cash Outflow | 38.6B | 31.9B | 20.4B | 16.1B | 29.1B |
| Investing Cash Flow | -387.0M | 400.0M | -1.3B | 263.0M | -2.3B |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 544.0M | 585.0M | 142.0M | 738.0M | 511.0M |
| Debt Repayments | -- | 4.5M | -- | -- | -- |
| Total Financing Cash Inflow | 26.4M | 33.5M | 11.7M | 128.0M | 126.0M |
| Total Financing Cash Outflow | 603.0M | 594.0M | 143.0M | 953.0M | 826.0M |
| Financing Cash Flow | -576.0M | -560.0M | -132.0M | -825.0M | -700.0M |
| Net Change In Cash | -185.0M | 690.0M | -204.0M | -28.5M | -771.0M |
| Ending Cash Balance | 1.2B | 1.4B | 676.0M | 880.0M | 908.0M |
| Capex | 343.0M | 522.0M | 452.0M | 454.0M | 814.0M |