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 | 12.6B | 9.0B | 7.2B | 6.3B | 3.8B |
| Revenue Growth % | 40.0% | 25.0% | 15.2% | 65.7% | -- |
| Total Revenue | 12.6B | 9.0B | 7.2B | 6.3B | 3.8B |
| Cost Of Revenue | 6.0B | 5.1B | 4.9B | 4.5B | 2.5B |
| Gross Profit | 6.6B | 4.0B | 2.4B | 1.8B | 1.3B |
| Gross Margin % | 52.5% | 43.8% | 32.6% | 28.6% | 33.3% |
| Total Operating Cost | 7.7B | 6.3B | 6.0B | 5.5B | 3.0B |
| Selling Expenses | 252,700 | 348,700 | 689,100 | 720,300 | 777,400 |
| Admin Expenses | 584.0M | 492.0M | 461.0M | 502.0M | 235.0M |
| Rd Expenses | 117.0M | 63.6M | 51.8M | 27.7M | 24.8M |
| Finance Expenses | 48.2M | 155.0M | 193.0M | 137.0M | -87.3M |
| Operating Income | 5.0B | 2.8B | 1.2B | 852.0M | 747.0M |
| Operating Margin % | 39.3% | 31.3% | 16.7% | 13.6% | 19.7% |
| Non Operating Income | 403,200 | 1.0M | 1.1M | 8.1M | 42.1M |
| Non Operating Expenses | 37.7M | 5.9M | 3.0M | 38.3M | 17.9M |
| Investment Income | -79.8M | 78.9M | 13.5M | 61.6M | 14.1M |
| Fair Value Change Income | 112.0M | -26.3M | -71.3M | -11.9M | -1.7M |
| Asset Disposal Income | 485,300 | -51,600 | -1.8M | -2.5M | -341,100 |
| Asset Impairment Loss | 225.0M | 4.9M | 3.5M | 41.7M | 192.0M |
| Other Income | 3.6M | 2.6M | 17.3M | 4.4M | 1.5M |
| Income Before Tax | 4.9B | 2.8B | 1.2B | 822.0M | 771.0M |
| Income Tax | 1.5B | 833.0M | 335.0M | 328.0M | 157.0M |
| Net Income | 3.4B | 2.0B | 871.0M | 494.0M | 614.0M |
| Net Margin % | 27.3% | 22.0% | 12.1% | 7.9% | 16.2% |
| Net Income Attributable | 3.1B | 1.8B | 804.0M | 451.0M | 583.0M |
| Minority Interest | 365.0M | 222.0M | 67.1M | 42.9M | 31.5M |
| Eps Basic | 1.69 | 1.07 | 0.49 | 0.27 | 0.35 |
| Eps Diluted | 1.69 | 1.07 | 0.49 | 0.27 | 0.35 |
| 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 | 6.8B | 2.7B | 1.7B | 1.3B | 1.8B |
| Trading Financial Assets | 19.2M | 10.0M | 16.9M | 48.7M | 17.7M |
| Accounts Receivable | 467.0M | 587.0M | 513.0M | 369.0M | 25.3M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 467.0M | 587.0M | 513.0M | 369.0M | 25.3M |
| Prepayments | 126.0M | 276.0M | 83.9M | 99.6M | 50.0M |
| Inventory | 2.7B | 2.5B | 2.4B | 2.2B | 1.4B |
| Total Current Assets | 10.3B | 6.4B | 4.9B | 4.1B | 3.8B |
| Long Term Equity Investment | 8.8M | 4.0M | 373.0M | 358.0M | 2.0M |
| Fixed Assets | -- | -- | 5.8B | 5.2B | 2.4B |
| Fixed Assets Total | 7.1B | 6.4B | 5.8B | 5.2B | 2.4B |
| Construction In Progress | -- | -- | 592.0M | 677.0M | 436.0M |
| Construction In Progress Total | 777.0M | 678.0M | 592.0M | 677.0M | 436.0M |
| Intangible Assets | 6.3B | 6.3B | 6.5B | 6.7B | 1.2B |
| Long Term Deferred Expenses | 37.2M | 350,300 | 399,100 | 483,800 | 2.9M |
| Total Non Current Assets | 14.7B | 13.9B | 13.8B | 13.4B | 4.3B |
| Total Assets | 25.0B | 20.3B | 18.7B | 17.5B | 8.1B |
| Short Term Borrowings | 708.0M | 1.1B | 850.0M | 488.0M | -- |
| Accounts Payable | 854.0M | 685.0M | 552.0M | 693.0M | 440.0M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 48.1M | 56.6M | 73.2M | 62.1M | 4.5M |
| Total Current Liabilities | 3.7B | 4.1B | 3.7B | 3.3B | 1.3B |
| Long Term Borrowings | 69.6M | 600.0M | 1.4B | 1.5B | -- |
| Total Non Current Liabilities | 4.7B | 5.6B | 6.5B | 6.9B | 1.7B |
| Total Liabilities | 8.5B | 9.6B | 10.2B | 10.1B | 3.1B |
| Paid In Capital | 1.9B | 1.7B | 1.7B | 1.7B | 1.7B |
| Capital Reserve | 3.3B | 627.0M | 928.0M | 627.0M | 627.0M |
| Surplus Reserve | 270.0M | 270.0M | 204.0M | 132.0M | 81.4M |
| Retained Earnings | 8.2B | 5.4B | 3.8B | 3.1B | 2.7B |
| Minority Equity | 3.1B | 2.8B | 2.4B | 2.2B | 381.0M |
| Equity Attributable | 13.4B | 7.9B | 6.2B | 5.2B | 4.6B |
| Total Equity | 16.5B | 10.7B | 8.5B | 7.4B | 5.0B |
| 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 | 13.0B | 9.2B | 7.1B | 6.2B | 3.9B |
| Tax Refunds Received | 146.0M | 88.2M | 96.4M | 29.7M | 13,700 |
| Total Operating Cash Inflow | 13.2B | 9.5B | 7.3B | 6.3B | 4.0B |
| Cash Paid For Goods | 4.5B | 3.5B | 2.9B | 3.2B | 2.2B |
| Cash Paid To Employees | 1.2B | 1.1B | 1.1B | 855.0M | 491.0M |
| Taxes Paid | 1.8B | 1.2B | 830.0M | 536.0M | 319.0M |
| Total Operating Cash Outflow | 7.7B | 6.2B | 5.0B | 5.2B | 3.2B |
| Operating Cash Flow | 5.6B | 3.3B | 2.2B | 1.1B | 755.0M |
| Total Investing Cash Inflow | 3.3B | 857.0M | 269.0M | 707.0M | 2.8B |
| Total Investing Cash Outflow | 5.6B | 1.8B | 2.0B | 4.7B | 3.1B |
| Investing Cash Flow | -2.3B | -958.0M | -1.8B | -4.0B | -278.0M |
| Cash From Borrowings | 1.4B | 1.4B | 1.2B | 2.4B | -- |
| Dividends And Interest Paid | 396.0M | 266.0M | 146.0M | 172.0M | 11.6M |
| Debt Repayments | 2.5B | 1.9B | 1.0B | 210.0M | 249.0M |
| Total Financing Cash Inflow | 4.9B | 2.7B | 2.4B | 4.5B | 1.7B |
| Total Financing Cash Outflow | 3.9B | 3.8B | 2.7B | 2.3B | 1.6B |
| Financing Cash Flow | 972.0M | -1.1B | -228.0M | 2.2B | 55.9M |
| Net Change In Cash | 4.2B | 1.2B | 222.0M | -655.0M | 531.0M |
| Ending Cash Balance | 6.7B | 2.5B | 1.3B | 1.1B | 1.7B |
| Capex | 2.3B | 1.5B | 1.7B | 1.9B | 1.3B |