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 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.5B | 1.2B | 709.0M | 729.0M | 721.0M | 459.0M | 444.0M | 117.0M | 7.8M |
| Revenue Growth % | 453.4% | 65.6% | -2.7% | 1.1% | 57.1% | 3.4% | 279.5% | 1391.7% | -- |
| Total Revenue | 6.5B | 1.2B | 709.0M | 729.0M | 721.0M | 459.0M | 444.0M | 117.0M | 7.8M |
| Cost Of Revenue | 2.9B | 508.0M | 219.0M | 250.0M | 271.0M | 159.0M | 141.0M | 117,100 | 3,000 |
| Gross Profit | 3.6B | 666.0M | 490.0M | 479.0M | 450.0M | 300.0M | 303.0M | 116.9M | 7.8M |
| Gross Margin % | 55.1% | 56.7% | 69.1% | 65.7% | 62.4% | 65.4% | 68.2% | 99.9% | 100.0% |
| Total Operating Cost | 4.8B | 1.9B | 1.8B | 2.4B | 1.9B | 1.1B | 1.8B | 289.0M | 401.0M |
| Selling Expenses | 68.0M | 70.1M | 82.1M | 82.7M | 71.4M | 44.9M | 19.0M | 6.2M | 120,000 |
| Admin Expenses | 198.0M | 181.0M | 154.0M | 297.0M | 396.0M | 165.0M | 1.1B | 44.1M | 372.0M |
| Rd Expenses | 1.4B | 1.2B | 1.1B | 1.5B | 1.1B | 768.0M | 543.0M | 240.0M | 29.9M |
| Finance Expenses | 11.0M | -19.3M | -44.8M | -51.9M | -52.9M | -22.2M | -4.3M | -2.7M | -1.4M |
| Operating Income | 2.1B | -456.0M | -876.0M | -1.3B | -824.0M | -434.0M | -1.2B | -41.3M | -381.0M |
| Operating Margin % | 31.7% | -38.8% | -123.6% | -181.6% | -114.3% | -94.6% | -265.3% | -35.3% | -4857.6% |
| Non Operating Income | 24,200 | 721,000 | 1.3M | 1.6M | 461,900 | 150,700 | -- | 285,600 | -- |
| Non Operating Expenses | 2.0M | 744,900 | 246,100 | 93,300 | 76,400 | 200,200 | 808,100 | 600.00 | -- |
| Investment Income | 8.9M | 22.7M | 74.2M | 91.4M | 90.1M | 118.0M | 104.0M | 62.4M | 3.0M |
| Fair Value Change Income | 5.0M | -82,700 | 267,500 | -- | -- | -- | -- | -913,700 | 913,700 |
| Asset Disposal Income | 11,000 | 1.3M | -407,200 | -426,000 | -- | -- | -- | -28,800 | -- |
| Asset Impairment Loss | 142.0M | 52.9M | 138.0M | 196.0M | 24.5M | 8.6M | 2.3M | -- | -- |
| Other Income | 307.0M | 220.0M | 144.0M | 273.0M | 221.0M | 119.0M | 33.9M | 69.1M | 8.2M |
| Income Before Tax | 2.1B | -456.0M | -875.0M | -1.3B | -824.0M | -435.0M | -1.2B | -41.0M | -381.0M |
| Income Tax | 894,200 | 1.2M | 3.3M | 2.0M | 6.0M | -- | -- | -- | -- |
| Net Income | 2.1B | -457.0M | -878.0M | -1.3B | -830.0M | -435.0M | -1.2B | -41.0M | -381.0M |
| Net Margin % | 31.7% | -38.9% | -123.8% | -181.8% | -115.1% | -94.8% | -265.5% | -35.1% | -4857.6% |
| Net Income Attributable | 2.1B | -452.0M | -848.0M | -1.3B | -825.0M | -435.0M | -1.2B | -41.0M | -381.0M |
| Minority Interest | -741,100 | -4.6M | -29.6M | -68.4M | -4.9M | -- | -139,700 | -- | -- |
| Eps Basic | 4.93 | -1.09 | -2.07 | -3.14 | -2.06 | -1.15 | -3.27 | -- | -- |
| Eps Diluted | 4.88 | -1.09 | -2.07 | -3.14 | -2.06 | -1.15 | -3.27 | -- | -- |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash And Equivalents | 1.3B | 2.0B | 4.0B | 2.5B | 2.9B | 4.9B | 383.0M | 1.4B | 232.0M |
| Trading Financial Assets | 4.3B | 760.0M | 700.0M | -- | -- | -- | -- | -- | 50.9M |
| Accounts Receivable | 671.0M | 305.0M | 644.0M | 766.0M | 478.0M | 208.0M | 64.6M | 32.6M | 4.4M |
| Notes Receivable | -- | 9.5M | -- | 26,600 | -- | -- | -- | -- | -- |
| Notes And Accounts Receivable | 671.0M | 314.0M | 644.0M | 766.0M | 478.0M | 208.0M | 64.6M | 32.6M | 4.4M |
| Prepayments | 745.0M | 774.0M | 148.0M | 8.3M | 85.2M | 8.6M | 10.9M | 23.0M | 36.4M |
| Inventory | 4.9B | 1.8B | 99.4M | 287.0M | 287.0M | 90.6M | 51.1M | 5.1M | 49,400 |
| Total Current Assets | 12.1B | 5.8B | 5.6B | 4.3B | 6.2B | 6.9B | 4.5B | 3.0B | 569.0M |
| Long Term Equity Investment | 300.0M | 247.0M | 230.0M | 222.0M | 130.0M | 1.3M | 1.4M | -- | -- |
| Fixed Assets | 373.0M | 231.0M | 142.0M | 233.0M | 280.0M | 136.0M | 86.0M | 40.5M | 7.0M |
| Fixed Assets Total | 373.0M | 231.0M | 142.0M | 233.0M | 280.0M | 136.0M | 86.0M | 40.5M | 7.0M |
| Construction In Progress | 164.0M | 150.0M | 109.0M | 26.2M | 1.1M | -- | -- | 407,000 | 4.2M |
| Construction In Progress Total | 164.0M | 150.0M | 109.0M | 26.2M | 1.1M | -- | -- | 407,000 | 4.2M |
| Intangible Assets | 189.0M | 183.0M | 150.0M | 291.0M | 261.0M | 261.0M | 119.0M | 35.4M | 3.1M |
| Long Term Deferred Expenses | 28.2M | 15.0M | 5.6M | 15.8M | 12.4M | 9.8M | 6.9M | 4.0M | 220,700 |
| Total Non Current Assets | 1.4B | 917.0M | 771.0M | 1.5B | 818.0M | 432.0M | 217.0M | 87.5M | 20.8M |
| Total Assets | 13.4B | 6.7B | 6.4B | 5.8B | 7.0B | 7.3B | 4.7B | 3.0B | 590.0M |
| Short Term Borrowings | -- | 100.0M | -- | -- | -- | -- | -- | -- | -- |
| Accounts Payable | 765.0M | 515.0M | 237.0M | 230.0M | 215.0M | 239.0M | 125.0M | 22.4M | 881,100 |
| Advance Receipts | -- | -- | -- | -- | -- | -- | 1.2M | -- | -- |
| Contract Liabilities | 610,600 | 886,200 | 263,400 | 136,300 | 230,000 | 2.5M | -- | -- | -- |
| Total Current Liabilities | 1.3B | 818.0M | 463.0M | 542.0M | 503.0M | 401.0M | 238.0M | 2.4B | 507.0M |
| Total Non Current Liabilities | 261.0M | 469.0M | 225.0M | 289.0M | 506.0M | 477.0M | 74.0M | 83.0M | 50.5M |
| Total Liabilities | 1.6B | 1.3B | 689.0M | 831.0M | 1.0B | 878.0M | 312.0M | 2.5B | 557.0M |
| Paid In Capital | 422.0M | 417.0M | 417.0M | 401.0M | 400.0M | 400.0M | 360.0M | 1.1M | 1.0M |
| Capital Reserve | 11.3B | 9.8B | 9.6B | 7.9B | 7.6B | 7.3B | 4.9B | 932.0M | 414.0M |
| Surplus Reserve | 176.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Retained Earnings | -11.8M | -4.7B | -4.2B | -3.4B | -2.1B | -1.3B | -855.0M | -423.0M | -382.0M |
| Minority Equity | 7.1M | 7.8M | 79.7M | 84.8M | 89.3M | -- | -- | -- | -- |
| Equity Attributable | 11.8B | 5.4B | 5.7B | 4.9B | 5.9B | 6.4B | 4.4B | 511.0M | 33.1M |
| Total Equity | 11.8B | 5.4B | 5.7B | 4.9B | 6.0B | 6.4B | 4.4B | 511.0M | 33.1M |
| Line Item | FY 2025Dec 31, 2025 | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 | FY 2020Dec 31, 2020 | FY 2019Dec 31, 2019 | FY 2018Dec 31, 2018 | FY 2017Dec 31, 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Cash From Sales | 6.9B | 1.8B | 858.0M | 482.0M | 497.0M | 368.0M | 482.0M | 96.5M | 6.7M |
| Tax Refunds Received | -- | 237,500 | 16.9M | 45.2M | 28.3M | 14.0M | -- | -- | -- |
| Total Operating Cash Inflow | 7.0B | 2.3B | 1.0B | 635.0M | 802.0M | 918.0M | 639.0M | 206.0M | 49.1M |
| Cash Paid For Goods | 6.4B | 3.1B | 431.0M | 723.0M | 545.0M | 243.0M | 185.0M | 9.5M | 316,800 |
| Cash Paid To Employees | 733.0M | 707.0M | 931.0M | 1.0B | 821.0M | 499.0M | 298.0M | 93.0M | 15.1M |
| Taxes Paid | 204.0M | 7.3M | 93.5M | 25.6M | 6.6M | 17.2M | 7.9M | 7.0M | 560,800 |
| Total Operating Cash Outflow | 7.5B | 3.9B | 1.6B | 2.0B | 1.7B | 1.1B | 841.0M | 262.0M | 72.6M |
| Operating Cash Flow | -498.0M | -1.6B | -596.0M | -1.3B | -873.0M | -132.0M | -202.0M | -55.5M | -23.5M |
| Total Investing Cash Inflow | 9.0B | 7.6B | 8.6B | 13.4B | 18.8B | 17.4B | 9.3B | 4.2B | 91.0M |
| Total Investing Cash Outflow | 13.5B | 8.0B | 8.2B | 12.6B | 18.7B | 16.5B | 11.8B | 5.5B | 401.0M |
| Investing Cash Flow | -4.5B | -412.0M | 425.0M | 777.0M | 79.3M | 872.0M | -2.5B | -1.2B | -310.0M |
| Cash From Borrowings | 295.0M | 100.0M | -- | -- | -- | -- | -- | -- | -- |
| Dividends And Interest Paid | 4.1M | 82,800 | -- | -- | -- | -- | -- | -- | -- |
| Debt Repayments | 395.0M | -- | -- | -- | -- | -- | -- | -- | -- |
| Total Financing Cash Inflow | 4.4B | 159.0M | 1.8B | 221.0M | 170.0M | 2.5B | 1.7B | 2.4B | 496.0M |
| Total Financing Cash Outflow | 447.0M | 111.0M | 147.0M | 123.0M | 71.4M | 40.5M | -- | -- | -- |
| Financing Cash Flow | 4.0B | 47.9M | 1.7B | 98.6M | 99.0M | 2.5B | 1.7B | 2.4B | 496.0M |
| Net Change In Cash | -1.0B | -2.0B | 1.5B | -454.0M | -695.0M | 3.2B | -971.0M | 1.1B | 163.0M |
| Ending Cash Balance | 929.0M | 2.0B | 4.0B | 2.5B | 2.9B | 3.6B | 383.0M | 1.4B | 227.0M |
| Capex | 569.0M | 366.0M | 100.0M | 284.0M | 505.0M | 260.0M | 156.0M | 74.9M | 20.6M |