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 | 3.4B | 3.5B | 4.2B | 3.6B | 3.3B |
| Revenue Growth % | -3.9% | -16.8% | 15.7% | 10.4% | -- |
| Total Revenue | 3.4B | 3.5B | 4.2B | 3.6B | 3.3B |
| Cost Of Revenue | 1.4B | 1.8B | 2.3B | 2.1B | 1.9B |
| Gross Profit | 2.0B | 1.7B | 1.9B | 1.6B | 1.4B |
| Gross Margin % | 58.4% | 47.7% | 46.0% | 43.3% | 43.0% |
| Total Operating Cost | 3.2B | 3.4B | 3.9B | 3.4B | 3.1B |
| Selling Expenses | 1.5B | 1.2B | 1.3B | 1.1B | 992.0M |
| Admin Expenses | 153.0M | 192.0M | 172.0M | 136.0M | 139.0M |
| Rd Expenses | 98.7M | 79.5M | 74.0M | 73.2M | 52.6M |
| Finance Expenses | 14.0M | 11.7M | 1.1M | 637,600 | 7.4M |
| Operating Income | 391.0M | 397.0M | 574.0M | 442.0M | 346.0M |
| Operating Margin % | 11.6% | 11.3% | 13.6% | 12.1% | 10.5% |
| Non Operating Income | 4.6M | 1.5M | 849,500 | 339,700 | 266,800 |
| Non Operating Expenses | 4.9M | 5.6M | 3.6M | 4.6M | 5.1M |
| Investment Income | 120.0M | 226.0M | 231.0M | 162.0M | 126.0M |
| Fair Value Change Income | 17.3M | 28.4M | 6.2M | -12.1M | -2.5M |
| Asset Disposal Income | -154,500 | -120,800 | 683,300 | -24,000 | 481,800 |
| Asset Impairment Loss | 5.4M | 1.4M | 14.9M | 9.7M | 5,900 |
| Other Income | 43.9M | 50.7M | 41.6M | 57.2M | 23.5M |
| Income Before Tax | 391.0M | 393.0M | 571.0M | 438.0M | 341.0M |
| Income Tax | 25.8M | 24.9M | 47.9M | 31.9M | 35.5M |
| Net Income | 365.0M | 368.0M | 523.0M | 406.0M | 306.0M |
| Net Margin % | 10.8% | 10.5% | 12.4% | 11.2% | 9.3% |
| Net Income Attributable | 360.0M | 362.0M | 521.0M | 408.0M | 305.0M |
| Minority Interest | 5.4M | 5.6M | 1.8M | -2.1M | 684,500 |
| Eps Basic | 2.37 | 2.38 | 3.41 | 2.68 | 2.01 |
| Eps Diluted | 2.37 | 2.38 | 3.41 | 2.68 | 2.01 |
| 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 | 114.0M | 163.0M | 305.0M | 219.0M | 298.0M |
| Trading Financial Assets | 954.0M | 954.0M | 694.0M | 641.0M | 539.0M |
| Accounts Receivable | 781.0M | 808.0M | 858.0M | 638.0M | 475.0M |
| Notes Receivable | 15.0M | 19.9M | 15.1M | 5.3M | 43.5M |
| Notes And Accounts Receivable | 796.0M | 828.0M | 874.0M | 644.0M | 518.0M |
| Prepayments | 70.9M | 95.4M | 89.6M | 123.0M | 82.2M |
| Inventory | 287.0M | 354.0M | 451.0M | 363.0M | 222.0M |
| Total Current Assets | 2.8B | 2.6B | 2.8B | 2.3B | 1.9B |
| Long Term Equity Investment | 423.0M | 430.0M | 410.0M | 295.0M | 303.0M |
| Fixed Assets | -- | -- | 376.0M | 372.0M | 352.0M |
| Fixed Assets Total | 624.0M | 361.0M | 376.0M | 372.0M | 352.0M |
| Construction In Progress | -- | -- | 41.5M | 17.2M | 16.7M |
| Construction In Progress Total | 40.2M | 207.0M | 41.5M | 17.2M | 16.7M |
| Intangible Assets | 27.5M | 28.2M | 28.9M | 31.2M | 32.7M |
| Long Term Deferred Expenses | 96.6M | 108.0M | 106.0M | 80.5M | 73.0M |
| Total Non Current Assets | 1.8B | 1.7B | 1.4B | 1.1B | 972.0M |
| Total Assets | 4.5B | 4.3B | 4.2B | 3.4B | 2.8B |
| Short Term Borrowings | 55.1M | 141.0M | 79.4M | 22.5M | 45.0M |
| Accounts Payable | 483.0M | 527.0M | 403.0M | 312.0M | 205.0M |
| Advance Receipts | 633,500 | 85,800 | 79,400 | 79,400 | 79,400 |
| Contract Liabilities | 36.2M | 61.4M | 41.2M | 82.5M | 36.9M |
| Total Current Liabilities | 1.7B | 1.7B | 1.9B | 1.5B | 1.2B |
| Long Term Borrowings | 34.0M | 4.0M | -- | -- | -- |
| Total Non Current Liabilities | 114.0M | 82.2M | 54.5M | 41.6M | 37.3M |
| Total Liabilities | 1.9B | 1.8B | 1.9B | 1.6B | 1.3B |
| Paid In Capital | 153.0M | 153.0M | 153.0M | 153.0M | 153.0M |
| Capital Reserve | 523.0M | 523.0M | 521.0M | 509.0M | 300.0M |
| Surplus Reserve | 147.0M | 147.0M | 147.0M | 147.0M | 147.0M |
| Retained Earnings | 1.8B | 1.6B | 1.4B | 1.1B | 986.0M |
| Minority Equity | 20.4M | 15.0M | 8.8M | 5.0M | 7.0M |
| Equity Attributable | 2.7B | 2.4B | 2.2B | 1.9B | 1.6B |
| Total Equity | 2.7B | 2.5B | 2.3B | 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 | 3.6B | 4.2B | 4.2B | 3.6B | 3.3B |
| Tax Refunds Received | 1.7M | -- | -- | 1.1M | 209,900 |
| Total Operating Cash Inflow | 3.6B | 4.3B | 4.3B | 3.7B | 3.3B |
| Cash Paid For Goods | 1.5B | 2.2B | 2.2B | 2.0B | 1.7B |
| Cash Paid To Employees | 341.0M | 364.0M | 344.0M | 286.0M | 254.0M |
| Taxes Paid | 214.0M | 202.0M | 278.0M | 256.0M | 228.0M |
| Total Operating Cash Outflow | 3.4B | 4.1B | 4.0B | 3.5B | 3.1B |
| Operating Cash Flow | 275.0M | 234.0M | 268.0M | 216.0M | 248.0M |
| Total Investing Cash Inflow | 52.4M | 225.0M | 145.0M | 200.0M | 63.5M |
| Total Investing Cash Outflow | 200.0M | 472.0M | 222.0M | 343.0M | 56.2M |
| Investing Cash Flow | -148.0M | -247.0M | -77.3M | -143.0M | 7.4M |
| Cash From Borrowings | 85.6M | 155.0M | 79.4M | 103.0M | 45.0M |
| Dividends And Interest Paid | 143.0M | 188.0M | 156.0M | 124.0M | 58.6M |
| Debt Repayments | 111.0M | 89.4M | 22.5M | 126.0M | 20.0M |
| Total Financing Cash Inflow | 148.0M | 205.0M | 137.0M | 233.0M | 99.2M |
| Total Financing Cash Outflow | 318.0M | 306.0M | 223.0M | 423.0M | 140.0M |
| Financing Cash Flow | -170.0M | -101.0M | -85.7M | -189.0M | -40.6M |
| Net Change In Cash | -42.9M | -113.0M | 105.0M | -117.0M | 215.0M |
| Ending Cash Balance | 113.0M | 155.0M | 269.0M | 163.0M | 280.0M |
| Capex | 101.0M | 120.0M | 64.5M | 68.0M | 56.2M |