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 | 3.5B | 3.2B | 2.8B | 3.0B | 1.1B |
| Revenue Growth % | 11.1% | 12.1% | -7.6% | 181.8% | -- |
| Total Revenue | 3.5B | 3.2B | 2.8B | 3.0B | 1.1B |
| Cost Of Revenue | 2.3B | 2.0B | 1.8B | 2.1B | 752.0M |
| Gross Profit | 1.2B | 1.1B | 986.0M | 917.0M | 329.0M |
| Gross Margin % | 34.6% | 35.8% | 35.0% | 30.1% | 30.4% |
| Total Operating Cost | 2.7B | 2.4B | 2.2B | 2.4B | 855.0M |
| Selling Expenses | 74.6M | 55.3M | 67.2M | 75.9M | 22.1M |
| Admin Expenses | 177.0M | 152.0M | 150.0M | 144.0M | 68.6M |
| Rd Expenses | 161.0M | 145.0M | 118.0M | 104.0M | 37.3M |
| Finance Expenses | 9.8M | -18.0M | -26.6M | -54.2M | -33.4M |
| Operating Income | 855.0M | 836.0M | 701.0M | 669.0M | 233.0M |
| Operating Margin % | 24.4% | 26.5% | 24.9% | 22.0% | 21.6% |
| Non Operating Income | 1.2M | 223,000 | 525,700 | 4.6M | 568,500 |
| Non Operating Expenses | 4.9M | 6.9M | 1.9M | 1.4M | 2.2M |
| Investment Income | 5.5M | 35.0M | 7.3M | 3.4M | 932,000 |
| Fair Value Change Income | 31.0M | 8.2M | 26.2M | 33.9M | 3.4M |
| Asset Disposal Income | -899,700 | -1.7M | -687,800 | -399,200 | 5,800 |
| Asset Impairment Loss | 218,000 | 76,800 | -- | -- | -- |
| Other Income | 49.8M | 35.7M | 14.2M | 3.8M | 2.3M |
| Income Before Tax | 852.0M | 829.0M | 699.0M | 672.0M | 231.0M |
| Income Tax | 110.0M | 105.0M | 90.2M | 84.3M | 30.0M |
| Net Income | 742.0M | 724.0M | 609.0M | 588.0M | 201.0M |
| Net Margin % | 21.2% | 22.9% | 21.6% | 19.3% | 18.6% |
| Net Income Attributable | 736.0M | 722.0M | 606.0M | 588.0M | 201.0M |
| Minority Interest | 5.2M | 1.6M | 2.5M | -189,000 | -- |
| Eps Basic | 2.50 | 2.52 | 2.63 | 2.06 | 1.34 |
| Eps Diluted | 2.50 | 2.51 | 2.55 | 2.03 | 1.34 |
| 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 | 841.0M | 479.0M | 1.2B | 827.0M | 1.2B |
| Trading Financial Assets | 906.0M | 889.0M | 418.0M | 847.0M | 211.0M |
| Accounts Receivable | 485.0M | 487.0M | 230.0M | 205.0M | 164.0M |
| Notes Receivable | 210,600 | 9.2M | 6.3M | 2.1M | 128,900 |
| Notes And Accounts Receivable | 486.0M | 497.0M | 236.0M | 207.0M | 164.0M |
| Prepayments | 47.9M | 34.5M | 39.9M | 86.6M | 60.8M |
| Inventory | 536.0M | 550.0M | 424.0M | 532.0M | 290.0M |
| Total Current Assets | 3.0B | 2.6B | 2.5B | 2.6B | 2.0B |
| Long Term Equity Investment | 232.0M | 117.0M | 99.9M | -- | -- |
| Fixed Assets | 1.1B | 858.0M | 476.0M | 330.0M | 285.0M |
| Fixed Assets Total | 1.1B | 858.0M | 476.0M | 330.0M | 285.0M |
| Construction In Progress | 252.0M | 199.0M | 216.0M | 88.5M | 55.9M |
| Construction In Progress Total | 252.0M | 199.0M | 216.0M | 88.5M | 55.9M |
| Intangible Assets | 238.0M | 195.0M | 144.0M | 128.0M | 72.1M |
| Long Term Deferred Expenses | 26.5M | 24.9M | 16.1M | 14.6M | 9.2M |
| Total Non Current Assets | 2.1B | 1.7B | 1.3B | 838.0M | 501.0M |
| Total Assets | 5.1B | 4.3B | 3.8B | 3.4B | 2.5B |
| Short Term Borrowings | 527.0M | 194.0M | -- | -- | -- |
| Accounts Payable | 168.0M | 180.0M | 93.9M | 104.0M | 59.4M |
| Advance Receipts | -- | -- | 2.0M | 1.7M | -- |
| Contract Liabilities | 9.7M | 16.7M | 83.6M | 87.7M | 7.5M |
| Total Current Liabilities | 1.1B | 759.0M | 525.0M | 633.0M | 300.0M |
| Long Term Borrowings | 132.0M | 163.0M | 88.9M | -- | -- |
| Total Non Current Liabilities | 152.0M | 176.0M | 101.0M | 11.1M | 339,700 |
| Total Liabilities | 1.2B | 936.0M | 625.0M | 644.0M | 300.0M |
| Paid In Capital | 296.0M | 292.0M | 288.0M | 150.0M | 150.0M |
| Capital Reserve | 1.8B | 1.7B | 1.6B | 1.6B | 1.5B |
| Surplus Reserve | 148.0M | 146.0M | 136.0M | 75.0M | 65.0M |
| Retained Earnings | 1.8B | 1.4B | 1.1B | 870.0M | 412.0M |
| Minority Equity | 27.8M | 21.4M | 21.6M | 13.8M | -- |
| Equity Attributable | 3.8B | 3.3B | 3.1B | 2.7B | 2.2B |
| Total Equity | 3.8B | 3.4B | 3.2B | 2.8B | 2.2B |
| 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 | 3.6B | 3.1B | 3.0B | 3.4B | 1.2B |
| Tax Refunds Received | 17.5M | 219,400 | -- | 252,700 | 230,300 |
| Total Operating Cash Inflow | 3.7B | 3.1B | 3.1B | 3.5B | 1.2B |
| Cash Paid For Goods | 2.3B | 2.1B | 1.8B | 2.4B | 948.0M |
| Cash Paid To Employees | 245.0M | 206.0M | 191.0M | 125.0M | 80.7M |
| Taxes Paid | 261.0M | 236.0M | 258.0M | 142.0M | 63.8M |
| Total Operating Cash Outflow | 3.0B | 2.7B | 2.4B | 2.8B | 1.2B |
| Operating Cash Flow | 747.0M | 436.0M | 640.0M | 658.0M | 58.1M |
| Total Investing Cash Inflow | 1.9B | 1.1B | 1.9B | 1.1B | 583.0M |
| Total Investing Cash Outflow | 2.3B | 2.0B | 1.9B | 2.0B | 784.0M |
| Investing Cash Flow | -418.0M | -908.0M | -32.4M | -932.0M | -201.0M |
| Cash From Borrowings | 608.0M | 424.0M | 89.8M | 46.7M | -- |
| Dividends And Interest Paid | 360.0M | 382.0M | 346.0M | 120.0M | 120.0M |
| Debt Repayments | 287.0M | 144.0M | -- | 47.7M | -- |
| Total Financing Cash Inflow | 693.0M | 504.0M | 161.0M | 60.1M | 43.5M |
| Total Financing Cash Outflow | 662.0M | 757.0M | 349.0M | 169.0M | 167.0M |
| Financing Cash Flow | 30.5M | -253.0M | -188.0M | -109.0M | -124.0M |
| Net Change In Cash | 362.0M | -717.0M | 422.0M | -381.0M | -271.0M |
| Ending Cash Balance | 834.0M | 473.0M | 1.2B | 767.0M | 1.1B |
| Capex | 319.0M | 466.0M | 391.0M | 215.0M | 194.0M |