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 | 2.9B | 3.0B | 2.5B | 2.0B | 1.8B |
| Revenue Growth % | -3.4% | 18.6% | 26.6% | 12.5% | -- |
| Total Revenue | 2.9B | 3.0B | 2.5B | 2.0B | 1.8B |
| Cost Of Revenue | 1.1B | 1.2B | 957.0M | 749.0M | 648.0M |
| Gross Profit | 1.8B | 1.8B | 1.6B | 1.3B | 1.1B |
| Gross Margin % | 63.2% | 60.9% | 62.4% | 62.8% | 63.8% |
| Total Operating Cost | 2.5B | 2.6B | 2.2B | 1.7B | 1.4B |
| Selling Expenses | 630.0M | 596.0M | 535.0M | 420.0M | 278.0M |
| Admin Expenses | 311.0M | 304.0M | 275.0M | 217.0M | 180.0M |
| Rd Expenses | 39.6M | 54.3M | 51.2M | 50.2M | 47.0M |
| Finance Expenses | -9.7M | -19.4M | -20.1M | -12.5M | -7.3M |
| Operating Income | 468.0M | 486.0M | 397.0M | 314.0M | 401.0M |
| Operating Margin % | 16.0% | 16.1% | 15.6% | 15.6% | 22.4% |
| Non Operating Income | 2.8M | 1.8M | 1.7M | 1.7M | 705,700 |
| Non Operating Expenses | 14.6M | 22.6M | 18.6M | 12.6M | 11.5M |
| Investment Income | -410,400 | -152,500 | 398,000 | 60,900 | -279,500 |
| Asset Disposal Income | 404,700 | 191,500 | 253,900 | 39,300 | 68,700 |
| Asset Impairment Loss | -65,900 | 208,600 | 85,800 | 59,200 | 9,900 |
| Other Income | 28.3M | 28.6M | 23.2M | 20.8M | 12.8M |
| Income Before Tax | 457.0M | 465.0M | 380.0M | 303.0M | 390.0M |
| Income Tax | 119.0M | 84.6M | 57.1M | 23.7M | 65.4M |
| Net Income | 337.0M | 380.0M | 323.0M | 279.0M | 325.0M |
| Net Margin % | 11.5% | 12.6% | 12.7% | 13.9% | 18.2% |
| Net Income Attributable | 354.0M | 388.0M | 329.0M | 280.0M | 325.0M |
| Minority Interest | -17.2M | -7.7M | -6.3M | -1.0M | -173,900 |
| Eps Basic | 0.70 | 0.77 | 0.65 | 0.55 | 0.64 |
| Eps Diluted | 0.70 | 0.77 | 0.65 | 0.55 | 0.64 |
| 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 | 990.0M | 869.0M | 1.0B | 810.0M | 667.0M |
| Accounts Receivable | 7.5M | 15.4M | 7.2M | 6.5M | 9.2M |
| Notes Receivable | 228,500 | -- | -- | 8.6M | 9.4M |
| Notes And Accounts Receivable | 7.7M | 15.4M | 7.2M | 15.0M | 18.6M |
| Prepayments | 6.5M | 7.9M | 10.7M | 6.7M | 9.4M |
| Inventory | 2.0B | 1.7B | 1.6B | 1.5B | 1.3B |
| Total Current Assets | 3.1B | 2.7B | 2.7B | 2.4B | 2.0B |
| Long Term Equity Investment | 1.4M | 1.8M | -- | 187,700 | 1.1M |
| Fixed Assets | 1.5B | 1.3B | 1.4B | 1.4B | 1.5B |
| Fixed Assets Total | 1.5B | 1.3B | 1.4B | 1.4B | 1.5B |
| Construction In Progress | 176.0M | 238.0M | 1.8M | 1.5M | 10.4M |
| Construction In Progress Total | 180.0M | 238.0M | 1.8M | 1.5M | 10.4M |
| Intangible Assets | 355.0M | 216.0M | 213.0M | 199.0M | 183.0M |
| Long Term Deferred Expenses | 21.9M | 21.6M | 24.0M | 13.3M | 9.0M |
| Total Non Current Assets | 2.2B | 1.9B | 1.7B | 1.7B | 1.7B |
| Total Assets | 5.3B | 4.6B | 4.4B | 4.1B | 3.8B |
| Short Term Borrowings | 169.0M | -- | -- | -- | -- |
| Accounts Payable | 236.0M | 206.0M | 175.0M | 144.0M | 120.0M |
| Advance Receipts | -- | -- | -- | -- | 221,000 |
| Contract Liabilities | 820.0M | 638.0M | 575.0M | 510.0M | 358.0M |
| Total Current Liabilities | 1.6B | 1.2B | 1.0B | 905.0M | 751.0M |
| Long Term Borrowings | 123.0M | -- | -- | -- | -- |
| Total Non Current Liabilities | 244.0M | 90.0M | 50.7M | 39.3M | 40.2M |
| Total Liabilities | 1.9B | 1.3B | 1.1B | 944.0M | 792.0M |
| Paid In Capital | 507.0M | 507.0M | 507.0M | 507.0M | 507.0M |
| Capital Reserve | 871.0M | 871.0M | 871.0M | 871.0M | 871.0M |
| Surplus Reserve | 254.0M | 254.0M | 254.0M | 240.0M | 199.0M |
| Retained Earnings | 2.0B | 1.9B | 1.7B | 1.5B | 1.4B |
| Minority Equity | -28.1M | -10.9M | -3.2M | 1.0M | 326,100 |
| Equity Attributable | 3.4B | 3.3B | 3.3B | 3.1B | 3.0B |
| Total Equity | 3.4B | 3.3B | 3.3B | 3.2B | 3.0B |
| 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 | 3.5B | 3.4B | 2.9B | 2.4B | 2.2B |
| Tax Refunds Received | -- | -- | -- | -- | -- |
| Total Operating Cash Inflow | 3.6B | 3.5B | 3.0B | 2.5B | 2.2B |
| Cash Paid For Goods | 1.4B | 1.3B | 1.1B | 968.0M | 956.0M |
| Cash Paid To Employees | 501.0M | 453.0M | 405.0M | 345.0M | 286.0M |
| Taxes Paid | 730.0M | 722.0M | 636.0M | 532.0M | 495.0M |
| Total Operating Cash Outflow | 3.1B | 3.0B | 2.5B | 2.2B | 1.9B |
| Operating Cash Flow | 480.0M | 558.0M | 450.0M | 319.0M | 279.0M |
| Total Investing Cash Inflow | 1.2M | 194,400 | 1.3M | 1.5M | 43.3M |
| Total Investing Cash Outflow | 395.0M | 334.0M | 66.3M | 58.1M | 78.2M |
| Investing Cash Flow | -394.0M | -333.0M | -65.0M | -56.7M | -34.9M |
| Cash From Borrowings | 539.0M | -- | 170.0M | 103.0M | 330.0M |
| Dividends And Interest Paid | 251.0M | 197.0M | 152.0M | 112.0M | 123.0M |
| Debt Repayments | 230.0M | -- | 170.0M | 103.0M | 340.0M |
| Total Financing Cash Inflow | 539.0M | -- | 173.0M | 108.0M | 331.0M |
| Total Financing Cash Outflow | 493.0M | 402.0M | 335.0M | 229.0M | 468.0M |
| Financing Cash Flow | 45.3M | -402.0M | -162.0M | -121.0M | -138.0M |
| Net Change In Cash | 132.0M | -177.0M | 223.0M | 142.0M | 107.0M |
| Ending Cash Balance | 986.0M | 854.0M | 1.0B | 808.0M | 666.0M |
| Capex | 395.0M | 332.0M | 66.3M | 57.1M | 58.2M |