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 | 323.0M | 359.0M | 361.0M | 442.0M | 395.0M |
| Revenue Growth % | -10.0% | -0.6% | -18.3% | 11.9% | -- |
| Total Revenue | 323.0M | 359.0M | 361.0M | 442.0M | 395.0M |
| Cost Of Revenue | 148.0M | 134.0M | 131.0M | 161.0M | 137.0M |
| Gross Profit | 175.0M | 225.0M | 230.0M | 281.0M | 258.0M |
| Gross Margin % | 54.2% | 62.7% | 63.7% | 63.6% | 65.3% |
| Total Operating Cost | 217.0M | 198.0M | 177.0M | 227.0M | 213.0M |
| Selling Expenses | 606,400 | 672,900 | 548,100 | 530,900 | 512,300 |
| Admin Expenses | 51.8M | 49.3M | 39.8M | 46.4M | 49.4M |
| Rd Expenses | 11.5M | 12.9M | 13.2M | 14.5M | 13.1M |
| Finance Expenses | -626,900 | -3.7M | -8.2M | -8.5M | -3.1M |
| Operating Income | 199.0M | 198.0M | 213.0M | 240.0M | 206.0M |
| Operating Margin % | 61.6% | 55.2% | 59.0% | 54.3% | 52.2% |
| Non Operating Income | 22,000 | 193,200 | 147,600 | 184,900 | 82,400 |
| Non Operating Expenses | 173,900 | 300,100 | 76,100 | 33,400 | 1.2M |
| Investment Income | 31.9M | 15.0M | 10.3M | 6.5M | 886,800 |
| Fair Value Change Income | 51.5M | 8.6M | -- | -- | -- |
| Asset Disposal Income | -1.6M | -1.4M | -- | -1.8M | -- |
| Asset Impairment Loss | -- | -- | 879,100 | 4.0M | 9.4M |
| Other Income | 10.9M | 14.7M | 17.7M | 20.4M | 23.7M |
| Income Before Tax | 199.0M | 198.0M | 213.0M | 241.0M | 205.0M |
| Income Tax | 26.4M | 26.3M | 24.6M | 34.5M | 29.4M |
| Net Income | 172.0M | 172.0M | 188.0M | 206.0M | 175.0M |
| Net Margin % | 53.3% | 47.9% | 52.1% | 46.6% | 44.3% |
| Net Income Attributable | 172.0M | 172.0M | 188.0M | 206.0M | 175.0M |
| Eps Basic | 1.08 | 1.07 | 1.18 | 1.29 | 1.28 |
| Eps Diluted | 1.08 | 1.07 | 1.18 | 1.29 | 1.28 |
| 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 | 165.0M | 374.0M | 220.0M | 401.0M |
| Trading Financial Assets | 364.0M | 274.0M | 110.0M | 240.0M | 240.0M |
| Accounts Receivable | 75.7M | 91.0M | 96.2M | 106.0M | 81.9M |
| Notes Receivable | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 75.7M | 91.0M | 96.2M | 106.0M | 81.9M |
| Prepayments | 909,600 | 1.3M | 1.6M | 498,800 | 21.6M |
| Inventory | 7.9M | 7.9M | 8.1M | 9.3M | 7.1M |
| Total Current Assets | 643.0M | 670.0M | 709.0M | 788.0M | 759.0M |
| Long Term Equity Investment | 21.8M | 19.2M | 18.7M | 12.4M | 3.8M |
| Fixed Assets | 782.0M | 744.0M | 482.0M | 377.0M | 308.0M |
| Fixed Assets Total | 782.0M | 744.0M | 482.0M | 377.0M | 308.0M |
| Construction In Progress | 48.4M | 49.7M | 211.0M | 52.6M | 18.1M |
| Construction In Progress Total | 48.4M | 49.7M | 211.0M | 52.6M | 18.1M |
| Intangible Assets | 37.5M | 38.7M | 40.0M | 41.2M | 30.1M |
| Long Term Deferred Expenses | 377,000 | 659,800 | 1.2M | 1.7M | -- |
| Total Non Current Assets | 894.0M | 901.0M | 806.0M | 541.0M | 393.0M |
| Total Assets | 1.5B | 1.6B | 1.5B | 1.3B | 1.2B |
| Short Term Borrowings | -- | -- | -- | -- | -- |
| Accounts Payable | 49.6M | 91.4M | 97.0M | 45.6M | 24.4M |
| Advance Receipts | -- | -- | -- | -- | -- |
| Contract Liabilities | 247,300 | 99,200 | 45,600 | 556,800 | 28.4M |
| Total Current Liabilities | 94.9M | 128.0M | 142.0M | 91.0M | 81.9M |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 70.6M | 67.2M | 73.7M | 79.2M | 37.1M |
| Total Liabilities | 165.0M | 195.0M | 215.0M | 170.0M | 119.0M |
| Paid In Capital | 160.0M | 160.0M | 160.0M | 160.0M | 160.0M |
| Capital Reserve | 542.0M | 542.0M | 542.0M | 542.0M | 542.0M |
| Surplus Reserve | 80.6M | 80.6M | 80.6M | 61.8M | 41.2M |
| Retained Earnings | 589.0M | 593.0M | 517.0M | 396.0M | 291.0M |
| Equity Attributable | 1.4B | 1.4B | 1.3B | 1.2B | 1.0B |
| Total Equity | 1.4B | 1.4B | 1.3B | 1.2B | 1.0B |
| 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 | 365.0M | 394.0M | 408.0M | 425.0M | 408.0M |
| Tax Refunds Received | 6.2M | 11.2M | 31.1M | 15.4M | 20.6M |
| Total Operating Cash Inflow | 384.0M | 415.0M | 454.0M | 468.0M | 436.0M |
| Cash Paid For Goods | 95.4M | 90.9M | 92.5M | 77.2M | 103.0M |
| Cash Paid To Employees | 30.1M | 27.4M | 25.8M | 23.7M | 23.9M |
| Taxes Paid | 38.8M | 41.8M | 38.4M | 56.8M | 44.9M |
| Total Operating Cash Outflow | 189.0M | 185.0M | 182.0M | 232.0M | 223.0M |
| Operating Cash Flow | 195.0M | 230.0M | 272.0M | 236.0M | 213.0M |
| Total Investing Cash Inflow | 797.0M | 935.0M | 1.1B | 928.0M | 121.0M |
| Total Investing Cash Outflow | 872.0M | 1.3B | 1.2B | 1.3B | 401.0M |
| Investing Cash Flow | -75.5M | -330.0M | -64.5M | -361.0M | -280.0M |
| Cash From Borrowings | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 176.0M | 96.0M | 48.0M | 80.0M | 80.1M |
| Debt Repayments | -- | -- | -- | -- | 9.9M |
| Total Financing Cash Inflow | -- | -- | -- | -- | 528.0M |
| Total Financing Cash Outflow | 177.0M | 97.3M | 48.9M | 84.1M | 114.0M |
| Financing Cash Flow | -177.0M | -97.3M | -48.9M | -84.1M | 414.0M |
| Net Change In Cash | -58.1M | -197.0M | 159.0M | -209.0M | 347.0M |
| Ending Cash Balance | 89.4M | 148.0M | 345.0M | 186.0M | 395.0M |
| Capex | 119.0M | 179.0M | 284.0M | 181.0M | 36.8M |