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 | 2.5B | 2.0B | 1.9B | 1.8B | 1.7B |
| Revenue Growth % | 26.5% | 1.1% | 7.4% | 9.8% | -- |
| Total Revenue | 2.5B | 2.0B | 1.9B | 1.8B | 1.7B |
| Cost Of Revenue | 1.8B | 1.5B | 1.3B | 1.3B | 1.0B |
| Gross Profit | 690.0M | 419.0M | 643.0M | 543.0M | 647.0M |
| Gross Margin % | 27.7% | 21.3% | 33.0% | 30.0% | 39.2% |
| Total Operating Cost | 2.1B | 1.8B | 1.5B | 1.4B | 1.1B |
| Selling Expenses | 28.3M | 23.3M | 15.0M | 8.7M | 7.9M |
| Admin Expenses | 137.0M | 121.0M | 100.0M | 69.8M | 53.3M |
| Rd Expenses | 120.0M | 87.2M | 78.9M | 66.0M | 51.1M |
| Finance Expenses | -12.8M | -24.2M | -21.5M | -13.3M | 2.5M |
| Operating Income | 387.0M | 174.0M | 457.0M | 379.0M | 573.0M |
| Operating Margin % | 15.5% | 8.8% | 23.5% | 20.9% | 34.7% |
| Non Operating Income | 486,300 | 462,700 | 1.3M | 287,400 | 1.7M |
| Non Operating Expenses | 855,300 | 1.6M | 49,200 | 593,000 | 259,700 |
| Investment Income | 11.5M | 12.8M | 8.9M | 15.4M | 5.2M |
| Fair Value Change Income | -25.9M | -18.7M | -1.5M | -31.8M | 53.1M |
| Asset Disposal Income | -78,800 | 31,200 | 478,700 | -112,400 | -149,000 |
| Asset Impairment Loss | 8.5M | 17.7M | 17.9M | 4.5M | 2.8M |
| Other Income | 19.9M | 17.3M | 15.0M | 8.4M | 4.1M |
| Income Before Tax | 387.0M | 173.0M | 459.0M | 379.0M | 574.0M |
| Income Tax | 72.1M | 281,200 | 46.8M | 26.6M | 78.0M |
| Net Income | 315.0M | 173.0M | 412.0M | 352.0M | 496.0M |
| Net Margin % | 12.7% | 8.8% | 21.2% | 19.4% | 30.0% |
| Net Income Attributable | 314.0M | 173.0M | 412.0M | 352.0M | 496.0M |
| Minority Interest | 414,600 | -95,200 | -- | -- | -- |
| Eps Basic | 0.99 | 0.54 | 1.40 | 1.35 | 1.90 |
| Eps Diluted | 0.99 | 0.54 | 1.40 | 1.35 | 1.90 |
| 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 | 684.0M | 1.1B | 1.7B | 475.0M | 642.0M |
| Trading Financial Assets | -- | -- | 20.0M | -- | -- |
| Accounts Receivable | 855.0M | 867.0M | 734.0M | 822.0M | 518.0M |
| Notes Receivable | 358.0M | 252.0M | 291.0M | 189.0M | 122.0M |
| Notes And Accounts Receivable | 1.2B | 1.1B | 1.0B | 1.0B | 640.0M |
| Prepayments | 17.8M | 10.4M | 36.4M | 14.8M | 13.9M |
| Inventory | 855.0M | 870.0M | 692.0M | 574.0M | 476.0M |
| Total Current Assets | 3.8B | 3.5B | 3.9B | 2.4B | 2.0B |
| Long Term Equity Investment | 4.9M | 5.0M | -- | -- | -- |
| Fixed Assets | 2.6B | 2.4B | 2.3B | 1.2B | 950.0M |
| Fixed Assets Total | 2.6B | 2.4B | 2.3B | 1.2B | 954.0M |
| Construction In Progress | 186.0M | 251.0M | 284.0M | 825.0M | 185.0M |
| Construction In Progress Total | 188.0M | 251.0M | 285.0M | 827.0M | 185.0M |
| Intangible Assets | 261.0M | 266.0M | 222.0M | 220.0M | 108.0M |
| Total Non Current Assets | 3.3B | 3.2B | 3.1B | 2.5B | 1.6B |
| Total Assets | 7.1B | 6.7B | 7.0B | 4.9B | 3.6B |
| Short Term Borrowings | 3.3M | 3.3M | 358.0M | 365.0M | 83.8M |
| Accounts Payable | 503.0M | 388.0M | 280.0M | 173.0M | 101.0M |
| Advance Receipts | 2,000 | 32,500 | 82,500 | 715,800 | 709,000 |
| Contract Liabilities | 13.4M | 4.4M | 24.4M | 11.0M | 1.9M |
| Total Current Liabilities | 640.0M | 496.0M | 731.0M | 604.0M | 250.0M |
| Long Term Borrowings | 10.0M | -- | -- | 600.0M | -- |
| Total Non Current Liabilities | 141.0M | 126.0M | 152.0M | 704.0M | 74.3M |
| Total Liabilities | 781.0M | 622.0M | 883.0M | 1.3B | 324.0M |
| Paid In Capital | 320.0M | 320.0M | 325.0M | 262.0M | 262.0M |
| Capital Reserve | 3.1B | 3.1B | 3.2B | 1.2B | 1.2B |
| Surplus Reserve | 163.0M | 163.0M | 163.0M | 163.0M | 163.0M |
| Retained Earnings | 2.7B | 2.5B | 2.4B | 2.0B | 1.7B |
| Minority Equity | 6.8M | 6.4M | 5.8M | -- | -- |
| Equity Attributable | 6.3B | 6.0B | 6.1B | 3.6B | 3.3B |
| Total Equity | 6.3B | 6.0B | 6.1B | 3.6B | 3.3B |
| 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 | 2.2B | 1.8B | 2.0B | 1.3B | 1.5B |
| Tax Refunds Received | 54.0M | 183.0M | 44.1M | 41.1M | 21.5M |
| Total Operating Cash Inflow | 2.3B | 2.0B | 2.1B | 1.4B | 1.6B |
| Cash Paid For Goods | 1.9B | 1.1B | 1.2B | 1.2B | 1.0B |
| Cash Paid To Employees | 412.0M | 322.0M | 274.0M | 205.0M | 167.0M |
| Taxes Paid | 117.0M | 115.0M | 120.0M | 107.0M | 70.6M |
| Total Operating Cash Outflow | 2.5B | 1.7B | 1.7B | 1.5B | 1.3B |
| Operating Cash Flow | -190.0M | 328.0M | 393.0M | -146.0M | 294.0M |
| Total Investing Cash Inflow | 13.5M | 75.1M | 13.2M | 40.3M | 382.0M |
| Total Investing Cash Outflow | 265.0M | 400.0M | 642.0M | 1.0B | 390.0M |
| Investing Cash Flow | -251.0M | -325.0M | -629.0M | -987.0M | -8.1M |
| Cash From Borrowings | 10.0M | 23.3M | 605.0M | 964.0M | 95.6M |
| Dividends And Interest Paid | 54.5M | 109.0M | 74.5M | 8.3M | 157.0M |
| Debt Repayments | 0.00 | 367.0M | 1.2B | -- | 5.0M |
| Total Financing Cash Inflow | 40.0M | 26.7M | 2.7B | 964.0M | 102.0M |
| Total Financing Cash Outflow | 58.8M | 648.0M | 1.3B | 9.8M | 169.0M |
| Financing Cash Flow | -18.8M | -621.0M | 1.5B | 954.0M | -66.6M |
| Net Change In Cash | -455.0M | -614.0M | 1.3B | -177.0M | 218.0M |
| Ending Cash Balance | 652.0M | 1.1B | 1.7B | 461.0M | 638.0M |
| Capex | 262.0M | 394.0M | 606.0M | 1.0B | 340.0M |