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 | 32.6B | 27.6B | 21.9B | 14.9B | 9.6B |
| Revenue Growth % | 17.9% | 26.1% | 46.7% | 56.1% | -- |
| Total Revenue | 32.6B | 27.6B | 21.9B | 14.9B | 9.6B |
| Cost Of Revenue | 26.3B | 22.1B | 17.5B | 11.5B | 7.2B |
| Gross Profit | 6.2B | 5.5B | 4.4B | 3.4B | 2.4B |
| Gross Margin % | 19.1% | 19.9% | 20.0% | 23.0% | 24.6% |
| Total Operating Cost | 30.5B | 25.9B | 20.8B | 14.1B | 8.8B |
| Selling Expenses | 268.0M | 238.0M | 194.0M | 235.0M | 231.0M |
| Admin Expenses | 670.0M | 534.0M | 500.0M | 387.0M | 268.0M |
| Rd Expenses | 2.6B | 2.3B | 2.0B | 1.6B | 977.0M |
| Finance Expenses | 21.1M | 157.0M | 48.6M | 45.4M | -8.1M |
| Operating Income | 2.6B | 2.1B | 1.5B | 1.2B | 857.0M |
| Operating Margin % | 7.9% | 7.6% | 7.0% | 7.8% | 9.0% |
| Non Operating Income | 4.3M | 4.3M | 5.3M | 3.8M | 9.4M |
| Non Operating Expenses | 9.8M | 3.5M | 3.8M | 4.8M | 5.3M |
| Investment Income | 90.6M | -1.4M | -23.3M | -32.5M | -29.1M |
| Fair Value Change Income | -32.2M | -36.4M | 44.5M | 64.1M | -19.1M |
| Asset Disposal Income | -782,400 | 1.0M | -1.5M | 92,000 | 257,400 |
| Asset Impairment Loss | 403.0M | 295.0M | 221.0M | 128.0M | 56.1M |
| Other Income | 439.0M | 433.0M | 387.0M | 253.0M | 147.0M |
| Income Before Tax | 2.6B | 2.1B | 1.5B | 1.2B | 861.0M |
| Income Tax | 97.4M | 81.6M | -3.4M | -14.7M | 28.9M |
| Net Income | 2.5B | 2.0B | 1.5B | 1.2B | 832.0M |
| Net Margin % | 7.6% | 7.3% | 7.0% | 7.8% | 8.7% |
| Net Income Attributable | 2.5B | 2.0B | 1.5B | 1.2B | 833.0M |
| Minority Interest | 19.3M | 13.2M | -5.2M | -12.5M | -1.1M |
| Eps Basic | 4.35 | 3.63 | 2.81 | 2.15 | 1.51 |
| Eps Diluted | 4.34 | 3.62 | 2.80 | 2.13 | 1.51 |
| 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 | 1.4B | 775.0M | 1.3B | 1.1B | 1.2B |
| Trading Financial Assets | 3.9B | 95.7M | 30.9M | 18.4M | 832.0M |
| Accounts Receivable | 9.8B | 9.6B | 7.2B | 4.5B | 2.6B |
| Notes Receivable | 242.0M | 67.0M | 13.9M | 98.9M | 63.6M |
| Notes And Accounts Receivable | 10.0B | 9.7B | 7.2B | 4.6B | 2.7B |
| Prepayments | 45.0M | 28.1M | 32.9M | 32.8M | 17.6M |
| Inventory | 4.8B | 3.7B | 3.3B | 3.4B | 2.0B |
| Total Current Assets | 23.4B | 16.4B | 13.7B | 10.2B | 7.7B |
| Long Term Equity Investment | 372.0M | 370.0M | 352.0M | 285.0M | 287.0M |
| Fixed Assets | 3.0B | 2.6B | 2.1B | 1.5B | 1.2B |
| Fixed Assets Total | 3.0B | 2.6B | 2.1B | 1.5B | 1.2B |
| Construction In Progress | 894.0M | 445.0M | 167.0M | 265.0M | 32.9M |
| Construction In Progress Total | 894.0M | 445.0M | 167.0M | 265.0M | 32.9M |
| Intangible Assets | 438.0M | 419.0M | 398.0M | 312.0M | 280.0M |
| Long Term Deferred Expenses | 183.0M | 172.0M | 147.0M | 106.0M | 98.1M |
| Total Non Current Assets | 6.4B | 5.0B | 4.3B | 3.5B | 2.5B |
| Total Assets | 29.8B | 21.5B | 18.0B | 13.8B | 10.2B |
| Short Term Borrowings | 687.0M | 279.0M | 201.0M | 399.0M | 317.0M |
| Accounts Payable | 5.6B | 5.2B | 4.1B | 3.4B | 2.3B |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 1.0B | 502.0M | 345.0M | 326.0M | 283.0M |
| Total Current Liabilities | 13.6B | 10.9B | 8.7B | 6.2B | 4.3B |
| Long Term Borrowings | 255.0M | 219.0M | 771.0M | 574.0M | -- |
| Total Non Current Liabilities | 699.0M | 865.0M | 1.2B | 1.1B | 447.0M |
| Total Liabilities | 14.3B | 11.7B | 10.0B | 7.2B | 4.7B |
| Paid In Capital | 597.0M | 555.0M | 555.0M | 555.0M | 555.0M |
| Capital Reserve | 7.0B | 2.7B | 2.6B | 2.5B | 2.3B |
| Surplus Reserve | 298.0M | 278.0M | 278.0M | 278.0M | 278.0M |
| Retained Earnings | 7.8B | 6.1B | 4.5B | 3.3B | 2.3B |
| Minority Equity | 145.0M | 122.0M | 108.0M | 66.0M | 77.8M |
| Equity Attributable | 15.4B | 9.6B | 8.0B | 6.5B | 5.3B |
| Total Equity | 15.6B | 9.8B | 8.1B | 6.5B | 5.4B |
| 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 | 35.8B | 27.2B | 19.9B | 14.7B | 9.3B |
| Tax Refunds Received | 159.0M | 133.0M | 216.0M | 179.0M | 126.0M |
| Total Operating Cash Inflow | 36.2B | 27.5B | 20.3B | 15.0B | 9.6B |
| Cash Paid For Goods | 28.8B | 22.2B | 16.1B | 11.9B | 6.9B |
| Cash Paid To Employees | 3.1B | 2.5B | 2.1B | 1.5B | 1.1B |
| Taxes Paid | 621.0M | 563.0M | 326.0M | 404.0M | 270.0M |
| Total Operating Cash Outflow | 33.3B | 26.0B | 19.1B | 14.4B | 8.8B |
| Operating Cash Flow | 2.9B | 1.5B | 1.1B | 610.0M | 843.0M |
| Total Investing Cash Inflow | 7.4B | 790.0M | 1.4B | 836.0M | 306.0M |
| Total Investing Cash Outflow | 13.0B | 2.3B | 2.2B | 1.9B | 1.1B |
| Investing Cash Flow | -5.6B | -1.5B | -750.0M | -1.0B | -773.0M |
| Cash From Borrowings | 1.3B | 378.0M | 450.0M | 1.1B | 318.0M |
| Dividends And Interest Paid | 693.0M | 499.0M | 336.0M | 269.0M | 170.0M |
| Debt Repayments | 1.2B | 274.0M | 402.0M | 412.0M | 2.4M |
| Total Financing Cash Inflow | 5.9B | 378.0M | 496.0M | 1.1B | 649.0M |
| Total Financing Cash Outflow | 2.5B | 805.0M | 770.0M | 698.0M | 185.0M |
| Financing Cash Flow | 3.4B | -427.0M | -273.0M | 367.0M | 464.0M |
| Net Change In Cash | 695.0M | -412.0M | 96.3M | -92.6M | 541.0M |
| Ending Cash Balance | 1.4B | 721.0M | 1.1B | 1.0B | 1.1B |
| Capex | 1.8B | 1.5B | 1.1B | 1.3B | 676.0M |