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 | 3.0B | 2.4B | 2.0B | 2.4B | 2.7B |
| Revenue Growth % | 26.3% | 16.5% | -14.7% | -11.8% | -- |
| Total Revenue | 3.0B | 2.4B | 2.0B | 2.4B | 2.7B |
| Cost Of Revenue | 2.0B | 1.5B | 1.3B | 1.4B | 1.4B |
| Gross Profit | 1.0B | 843.0M | 736.0M | 971.0M | 1.3B |
| Gross Margin % | 34.2% | 35.8% | 36.4% | 41.0% | 46.7% |
| Total Operating Cost | 2.8B | 2.2B | 1.9B | 2.0B | 2.0B |
| Selling Expenses | 33.3M | 22.3M | 22.2M | 22.9M | 19.7M |
| Admin Expenses | 111.0M | 106.0M | 89.5M | 99.1M | 90.8M |
| Rd Expenses | 652.0M | 602.0M | 494.0M | 486.0M | 454.0M |
| Finance Expenses | 19.1M | -1.1M | -24.1M | 9.2M | -1.9M |
| Operating Income | 323.0M | 262.0M | 206.0M | 546.0M | 749.0M |
| Operating Margin % | 10.9% | 11.1% | 10.2% | 23.1% | 27.9% |
| Non Operating Income | 2.0M | 171,800 | 284,300 | 306,100 | 250,400 |
| Non Operating Expenses | 2.3M | 169,900 | 12.1M | 773,200 | 560,800 |
| Investment Income | 69.5M | 38.8M | -17.3M | 23.3M | 12.7M |
| Fair Value Change Income | -15.6M | 31.8M | 4.5M | 4.7M | 4.9M |
| Asset Disposal Income | 218,900 | -56,300 | 516,600 | 227,100 | -- |
| Asset Impairment Loss | -5.1M | -12.8M | 20.5M | -774,500 | 36.8M |
| Other Income | 75.4M | 76.4M | 91.7M | 176.0M | 90.1M |
| Income Before Tax | 323.0M | 262.0M | 194.0M | 546.0M | 749.0M |
| Income Tax | 15.0M | 6.2M | -10.6M | -18.4M | -4.7M |
| Net Income | 308.0M | 256.0M | 205.0M | 564.0M | 754.0M |
| Net Margin % | 10.4% | 10.9% | 10.1% | 23.8% | 28.1% |
| Net Income Attributable | 308.0M | 256.0M | 205.0M | 564.0M | 754.0M |
| Minority Interest | -627,900 | -- | -- | -- | -- |
| Eps Basic | 0.73 | 0.62 | 0.54 | 1.49 | 2.04 |
| Eps Diluted | 0.73 | 0.62 | 0.54 | 1.49 | 2.04 |
| 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 | 291.0M | 311.0M | 469.0M | 472.0M | 442.0M |
| Trading Financial Assets | 1.2B | 1.0B | 232.0M | 106.0M | 305.0M |
| Accounts Receivable | 242.0M | 115.0M | 138.0M | 97.1M | 102.0M |
| Notes And Accounts Receivable | 242.0M | 115.0M | 138.0M | 97.1M | 102.0M |
| Prepayments | 13.0M | 207,800 | 40,800 | 98,300 | 764,800 |
| Inventory | 930.0M | 771.0M | 743.0M | 789.0M | 878.0M |
| Total Current Assets | 3.2B | 2.7B | 1.7B | 1.8B | 1.9B |
| Long Term Equity Investment | -- | -- | -- | -- | -- |
| Fixed Assets | 268.0M | 276.0M | 148.0M | 157.0M | 33.4M |
| Fixed Assets Total | 268.0M | 276.0M | 148.0M | 157.0M | 33.4M |
| Construction In Progress | 222,600 | 103,500 | 127.0M | -- | 76.1M |
| Construction In Progress Total | 222,600 | 103,500 | 127.0M | -- | 76.1M |
| Intangible Assets | 167.0M | 221.0M | 192.0M | 182.0M | 184.0M |
| Long Term Deferred Expenses | 18.4M | 16.6M | 13.3M | 11.5M | 2.6M |
| Total Non Current Assets | 2.0B | 1.6B | 1.8B | 596.0M | 433.0M |
| Total Assets | 5.2B | 4.3B | 3.4B | 2.4B | 2.3B |
| Short Term Borrowings | 412.0M | 331.0M | 382.0M | 71.8M | 46.9M |
| Accounts Payable | 352.0M | 171.0M | 215.0M | 135.0M | 262.0M |
| Advance Receipts | -- | -- | -- | 76,300 | 53,300 |
| Contract Liabilities | 30.1M | 30.6M | 21.2M | 17.2M | 36.6M |
| Total Current Liabilities | 1.5B | 872.0M | 889.0M | 458.0M | 627.0M |
| Long Term Borrowings | 433.0M | 373.0M | 343.0M | 19.9M | -- |
| Total Non Current Liabilities | 451.0M | 459.0M | 461.0M | 122.0M | 100.0M |
| Total Liabilities | 1.9B | 1.3B | 1.4B | 580.0M | 728.0M |
| Paid In Capital | 422.0M | 421.0M | 379.0M | 379.0M | 379.0M |
| Capital Reserve | 1.3B | 1.3B | 632.0M | 599.0M | 568.0M |
| Surplus Reserve | 199.0M | 179.0M | 153.0M | 131.0M | 69.0M |
| Retained Earnings | 1.3B | 1.1B | 925.0M | 743.0M | 604.0M |
| Minority Equity | 61.8M | -- | -- | -- | -- |
| Equity Attributable | 3.2B | 3.0B | 2.1B | 1.9B | 1.6B |
| Total Equity | 3.3B | 3.0B | 2.1B | 1.9B | 1.6B |
| 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 | 3.1B | 2.6B | 2.2B | 2.6B | 2.9B |
| Tax Refunds Received | 71.8M | 65.4M | 79.5M | 142.0M | 114.0M |
| Total Operating Cash Inflow | 3.3B | 2.7B | 2.4B | 2.8B | 3.0B |
| Cash Paid For Goods | 2.1B | 1.8B | 1.4B | 1.6B | 2.2B |
| Cash Paid To Employees | 477.0M | 394.0M | 401.0M | 419.0M | 320.0M |
| Taxes Paid | 88.3M | 81.6M | 69.3M | 121.0M | 86.1M |
| Total Operating Cash Outflow | 2.8B | 2.3B | 1.9B | 2.3B | 2.7B |
| Operating Cash Flow | 446.0M | 419.0M | 435.0M | 556.0M | 318.0M |
| Total Investing Cash Inflow | 3.8B | 2.5B | 653.0M | 1.6B | 964.0M |
| Total Investing Cash Outflow | 4.4B | 3.4B | 1.9B | 1.8B | 1.4B |
| Investing Cash Flow | -642.0M | -907.0M | -1.2B | -160.0M | -453.0M |
| Cash From Borrowings | 780.0M | 425.0M | 1.1B | 904.0M | 400.0M |
| Dividends And Interest Paid | 113.0M | 60.6M | 10.7M | 369.0M | 415,800 |
| Debt Repayments | 313.0M | 434.0M | 424.0M | 859.0M | 353.0M |
| Total Financing Cash Inflow | 795.0M | 1.1B | 1.1B | 904.0M | 567.0M |
| Total Financing Cash Outflow | 547.0M | 573.0M | 509.0M | 1.3B | 386.0M |
| Financing Cash Flow | 248.0M | 481.0M | 549.0M | -376.0M | 181.0M |
| Net Change In Cash | 47.7M | -3.7M | -224.0M | 27.2M | 44.9M |
| Ending Cash Balance | 280.0M | 232.0M | 236.0M | 459.0M | 432.0M |
| Capex | 91.9M | 199.0M | 210.0M | 108.0M | 149.0M |