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 | 299.0M | 438.0M | 579.0M | 1.8B | 2.5B |
| Revenue Growth % | -31.7% | -24.4% | -67.3% | -30.6% | -- |
| Total Revenue | 2.4B | 2.2B | 2.3B | 3.5B | 4.6B |
| Cost Of Revenue | 287.0M | 428.0M | 567.0M | 1.7B | 2.5B |
| Gross Profit | 12.0M | 10.0M | 12.0M | 23.0M | 26.0M |
| Gross Margin % | 4.0% | 2.3% | 2.1% | 1.3% | 1.0% |
| Total Operating Cost | 2.3B | 2.3B | 2.5B | 3.8B | 4.6B |
| Selling Expenses | 6.5M | 11.1M | 6.4M | 12.4M | 17.8M |
| Admin Expenses | 1.3B | 1.2B | 1.2B | 1.1B | 1.2B |
| Rd Expenses | 120,600 | 460,900 | 1.1M | 6.4M | 294,400 |
| Finance Expenses | 47.6M | 94.3M | 99.1M | 122.0M | 147.0M |
| Operating Income | 661.0M | 399.0M | 190.0M | -327.0M | 713.0M |
| Operating Margin % | 221.1% | 91.1% | 32.8% | -18.5% | 28.0% |
| Non Operating Income | 5.3M | 7.3M | 6.5M | 10.1M | 6.9M |
| Non Operating Expenses | 14.4M | 237.0M | 7.9M | 6.4M | 6.9M |
| Investment Income | 526.0M | 297.0M | 59.2M | 200.0M | 387.0M |
| Fair Value Change Income | -20.7M | 165.0M | 265.0M | -275.0M | 315.0M |
| Asset Disposal Income | 12.2M | -77,100 | 18.4M | -319,900 | 40,300 |
| Asset Impairment Loss | 10.9M | 11.5M | 2.2M | 165.0M | 357,500 |
| Other Income | 7.7M | 4.6M | 6.8M | 8.2M | 8.6M |
| Income Before Tax | 652.0M | 169.0M | 189.0M | -323.0M | 713.0M |
| Income Tax | 190.0M | 63.2M | 71.7M | 4.9M | 225.0M |
| Net Income | 462.0M | 106.0M | 117.0M | -328.0M | 488.0M |
| Net Margin % | 154.5% | 24.2% | 20.2% | -18.5% | 19.2% |
| Net Income Attributable | 464.0M | 109.0M | 119.0M | -326.0M | 486.0M |
| Minority Interest | -2.6M | -3.4M | -2.6M | -1.9M | 2.0M |
| Eps Basic | 0.16 | 0.04 | 0.04 | -0.11 | 0.18 |
| Eps Diluted | 0.16 | 0.04 | 0.04 | -0.11 | -0.18 |
| 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 | 15.1B | 12.9B | 9.6B | 10.4B | 11.5B |
| Trading Financial Assets | 5.6B | 5.0B | 4.5B | 6.9B | 6.6B |
| Accounts Receivable | 934.0M | 1.0B | 1.3B | 709.0M | 338.0M |
| Notes Receivable | 23.8M | -- | -- | -- | -- |
| Notes And Accounts Receivable | 957.0M | 1.0B | 1.3B | 709.0M | 338.0M |
| Prepayments | 9.8M | 76.3M | 98.2M | 49.7M | 209.0M |
| Inventory | 11.1M | 29.1M | 12.6M | 15.9M | 18.6M |
| Total Current Assets | 34.9B | 31.6B | 25.5B | 28.6B | 30.5B |
| Long Term Equity Investment | 1.5B | 1.9B | 2.3B | 2.4B | 2.6B |
| Fixed Assets | 249.0M | 273.0M | 328.0M | 383.0M | 404.0M |
| Fixed Assets Total | 249.0M | 273.0M | 328.0M | 383.0M | 404.0M |
| Construction In Progress | -- | -- | -- | -- | -- |
| Construction In Progress Total | -- | -- | -- | -- | -- |
| Intangible Assets | 87.0M | 99.5M | 93.7M | 78.2M | 74.3M |
| Long Term Deferred Expenses | 18.1M | 22.8M | 28.1M | 34.1M | 35.6M |
| Total Non Current Assets | 9.1B | 6.9B | 7.6B | 6.2B | 4.8B |
| Total Assets | 44.0B | 38.6B | 33.0B | 34.8B | 35.3B |
| Short Term Borrowings | 360.0M | 390.0M | 472.0M | 542.0M | 1.1B |
| Accounts Payable | 21.4M | 13.0M | 53.6M | 45.9M | 32.2M |
| Advance Receipts | 1.6M | 20.1M | 2.6M | 2.4M | 2.7M |
| Contract Liabilities | 42.8M | 46.5M | 19.5M | 9.5M | 58.3M |
| Total Current Liabilities | 27.6B | 23.3B | 18.3B | 18.0B | 19.8B |
| Long Term Borrowings | 915,000 | 915,000 | 915,000 | 915,000 | 915,000 |
| Total Non Current Liabilities | 4.1B | 3.4B | 2.8B | 4.9B | 2.8B |
| Total Liabilities | 31.7B | 26.7B | 21.1B | 22.9B | 22.7B |
| Paid In Capital | 2.9B | 2.9B | 2.9B | 2.9B | 2.9B |
| Capital Reserve | 6.9B | 6.9B | 6.9B | 6.9B | 6.9B |
| Surplus Reserve | 416.0M | 416.0M | 377.0M | 371.0M | 364.0M |
| Retained Earnings | 918.0M | 570.0M | 648.0M | 792.0M | 1.5B |
| Minority Equity | 13.3M | 20.2M | 23.6M | 27.7M | 29.9M |
| Equity Attributable | 12.3B | 11.8B | 11.9B | 11.9B | 12.6B |
| Total Equity | 12.3B | 11.8B | 11.9B | 11.9B | 12.6B |
| 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 | 307.0M | 510.0M | 602.0M | 2.3B | 2.9B |
| Tax Refunds Received | 13,600 | -- | 22,000 | 4.4M | -- |
| Total Operating Cash Inflow | 8.1B | 10.6B | 4.2B | 10.6B | 8.1B |
| Cash Paid For Goods | 255.0M | 498.0M | 627.0M | 2.3B | 2.8B |
| Cash Paid To Employees | 747.0M | 735.0M | 719.0M | 719.0M | 720.0M |
| Taxes Paid | 365.0M | 113.0M | 201.0M | 118.0M | 321.0M |
| Total Operating Cash Outflow | 6.5B | 4.8B | 5.6B | 9.8B | 8.4B |
| Operating Cash Flow | 1.6B | 5.8B | -1.4B | 839.0M | -349.0M |
| Total Investing Cash Inflow | 425.0M | 32.7M | 189.0M | 86.7M | 321.0M |
| Total Investing Cash Outflow | 716.0M | 70.2M | 106.0M | 154.0M | 2.6B |
| Investing Cash Flow | -292.0M | -37.5M | 83.4M | -66.9M | -2.2B |
| Cash From Borrowings | 710.0M | 455.0M | 471.0M | 1.8B | 2.0B |
| Dividends And Interest Paid | 196.0M | 447.0M | 529.0M | 740.0M | 516.0M |
| Debt Repayments | 2.0B | 3.5B | 1.3B | 1.9B | 3.6B |
| Total Financing Cash Inflow | 4.5B | 3.7B | 2.6B | 6.9B | 11.7B |
| Total Financing Cash Outflow | 2.7B | 5.2B | 3.5B | 7.0B | 8.9B |
| Financing Cash Flow | 1.9B | -1.5B | -961.0M | -113.0M | 2.7B |
| Net Change In Cash | 3.2B | 4.3B | -2.3B | 678.0M | 136.0M |
| Ending Cash Balance | 20.6B | 17.4B | 13.1B | 15.3B | 14.7B |
| Capex | 58.0M | 69.9M | 102.0M | 86.7M | 109.0M |