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 | 4.8B | 3.9B | 3.3B | 2.3B | 2.3B |
| Revenue Growth % | 22.9% | 20.9% | 43.5% | 0.5% | -- |
| Total Revenue | 4.8B | 3.9B | 3.3B | 2.3B | 2.3B |
| Cost Of Revenue | 2.1B | 1.8B | 1.5B | 974.0M | 955.0M |
| Gross Profit | 2.7B | 2.2B | 1.8B | 1.3B | 1.3B |
| Gross Margin % | 56.1% | 55.3% | 54.7% | 57.0% | 57.6% |
| Total Operating Cost | 3.9B | 3.4B | 2.9B | 2.1B | 2.0B |
| Selling Expenses | 575.0M | 559.0M | 481.0M | 370.0M | 238.0M |
| Admin Expenses | 396.0M | 324.0M | 283.0M | 208.0M | 242.0M |
| Rd Expenses | 775.0M | 636.0M | 535.0M | 561.0M | 483.0M |
| Finance Expenses | -16.5M | 21.9M | -3.8M | -56.2M | 62.4M |
| Operating Income | 1.1B | 648.0M | 420.0M | 189.0M | 397.0M |
| Operating Margin % | 21.9% | 16.5% | 12.9% | 8.3% | 17.6% |
| Non Operating Income | 25.0M | 3.2M | 1.2M | 284,200 | 1.4M |
| Non Operating Expenses | 2.6M | 14.4M | 255.0M | 1.2M | 15.5M |
| Investment Income | 73.6M | 88.9M | -2.6M | -18.5M | 55.8M |
| Fair Value Change Income | -2.1M | -8.1M | -14.9M | 865,100 | -1.2M |
| Asset Disposal Income | -428,600 | -277,100 | 507,500 | 996,300 | 325,900 |
| Asset Impairment Loss | 17.7M | 93.2M | 76.7M | 29.9M | 5.8M |
| Other Income | 80.8M | 71.6M | 64.7M | 62.7M | 102.0M |
| Income Before Tax | 1.1B | 637.0M | 167.0M | 188.0M | 383.0M |
| Income Tax | 189.0M | 76.8M | 27.2M | 107.0M | -55.4M |
| Net Income | 890.0M | 560.0M | 140.0M | 81.6M | 439.0M |
| Net Margin % | 18.4% | 14.2% | 4.3% | 3.6% | 19.5% |
| Net Income Attributable | 936.0M | 641.0M | 179.0M | 102.0M | 439.0M |
| Minority Interest | -45.4M | -80.6M | -39.5M | -20.4M | -- |
| Eps Basic | 1.42 | 0.97 | 0.40 | 0.23 | 0.97 |
| Eps Diluted | 1.25 | 0.95 | 0.40 | 0.23 | 0.96 |
| 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 | 1.7B | 1.8B | 1.5B | 1.4B | 881.0M |
| Trading Financial Assets | -- | -- | -- | -- | 73.2M |
| Accounts Receivable | 1.1B | 867.0M | 705.0M | 688.0M | 461.0M |
| Notes Receivable | 3.3M | 4.9M | 5.6M | 3.4M | 7.4M |
| Notes And Accounts Receivable | 1.1B | 872.0M | 711.0M | 691.0M | 468.0M |
| Prepayments | 92.7M | 93.8M | 87.2M | 124.0M | 124.0M |
| Inventory | 1.7B | 1.2B | 1.1B | 1.1B | 967.0M |
| Total Current Assets | 5.0B | 4.2B | 3.7B | 3.5B | 2.7B |
| Long Term Equity Investment | 500,000 | 46.9M | -- | 1.4M | 1.6M |
| Fixed Assets | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Fixed Assets Total | 1.2B | 1.2B | 1.2B | 1.1B | 1.1B |
| Construction In Progress | -- | 62,500 | 1.6M | 19.4M | -- |
| Construction In Progress Total | -- | 62,500 | 1.6M | 19.4M | -- |
| Intangible Assets | 177.0M | 129.0M | 133.0M | 96.2M | 46.5M |
| Long Term Deferred Expenses | 81.5M | 63.4M | 54.1M | 37.5M | 31.4M |
| Total Non Current Assets | 2.3B | 2.1B | 1.9B | 1.7B | 1.5B |
| Total Assets | 7.3B | 6.3B | 5.6B | 5.2B | 4.2B |
| Short Term Borrowings | -- | -- | -- | 150.0M | 455.0M |
| Accounts Payable | 372.0M | 317.0M | 204.0M | 198.0M | 322.0M |
| Advance Receipts | 670,900 | 951,600 | 977,000 | 992,300 | 952,600 |
| Contract Liabilities | 477.0M | 382.0M | 312.0M | 272.0M | 225.0M |
| Total Current Liabilities | 1.6B | 1.3B | 988.0M | 858.0M | 1.2B |
| Long Term Borrowings | -- | -- | -- | -- | -- |
| Total Non Current Liabilities | 1.9B | 1.5B | 1.4B | 1.3B | 113.0M |
| Total Liabilities | 3.6B | 2.9B | 2.4B | 2.2B | 1.3B |
| Paid In Capital | 670.0M | 452.0M | 452.0M | 452.0M | 451.0M |
| Capital Reserve | 1.2B | 1.4B | 1.3B | 1.3B | 1.3B |
| Surplus Reserve | 240.0M | 187.0M | 173.0M | 171.0M | 158.0M |
| Retained Earnings | 1.8B | 1.5B | 1.2B | 1.0B | 981.0M |
| Minority Equity | -180.0M | -135.0M | -58.0M | -18.5M | -- |
| Equity Attributable | 3.9B | 3.6B | 3.2B | 3.0B | 2.9B |
| Total Equity | 3.7B | 3.4B | 3.2B | 3.0B | 2.9B |
| 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 | 5.0B | 4.2B | 3.3B | 2.2B | 2.2B |
| Tax Refunds Received | 270.0M | 310.0M | 168.0M | 209.0M | 318.0M |
| Total Operating Cash Inflow | 5.4B | 4.5B | 3.5B | 2.4B | 2.5B |
| Cash Paid For Goods | 2.5B | 1.7B | 1.4B | 1.5B | 1.7B |
| Cash Paid To Employees | 1.0B | 843.0M | 751.0M | 745.0M | 578.0M |
| Taxes Paid | 375.0M | 278.0M | 325.0M | 148.0M | 194.0M |
| Total Operating Cash Outflow | 4.8B | 3.8B | 3.1B | 2.8B | 2.7B |
| Operating Cash Flow | 596.0M | 748.0M | 434.0M | -383.0M | -145.0M |
| Total Investing Cash Inflow | 1.9B | 52.3M | 2.0B | 1.4B | 1.9B |
| Total Investing Cash Outflow | 1.9B | 258.0M | 2.2B | 1.4B | 2.1B |
| Investing Cash Flow | -76.0M | -206.0M | -228.0M | 49.5M | -162.0M |
| Cash From Borrowings | -- | 200.0M | -- | 150.0M | 455.0M |
| Dividends And Interest Paid | 614.0M | 360.0M | 5.5M | 52.7M | 234.0M |
| Debt Repayments | -- | -- | 150.0M | 232.0M | -- |
| Total Financing Cash Inflow | 74.8M | 200.0M | -- | 1.5B | 483.0M |
| Total Financing Cash Outflow | 746.0M | 529.0M | 177.0M | 409.0M | 284.0M |
| Financing Cash Flow | -671.0M | -329.0M | -177.0M | 1.1B | 199.0M |
| Net Change In Cash | -139.0M | 236.0M | 42.5M | 728.0M | -120.0M |
| Ending Cash Balance | 1.6B | 1.7B | 1.5B | 1.4B | 704.0M |
| Capex | 132.0M | 150.0M | 216.0M | 134.0M | 201.0M |