Ladun Investment Company (9535.SR)

Name: Ladun Investment Company Financial Statements
Creator: Quarter Results

Real Estate | Real Estate Development

Latest reporting period: 2026-04-07

Latest Quarter

2026-04-07

Revenue

$639M

Net Income

$21.3M

Operating Margin

9.6%

Free Cash Flow

-$38.2M

Debt / Assets

78.9%

Values are in USD and rounded to the nearest whole number unless noted.

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Income statement quarterly history for Ladun Investment Company (9535.SR).
Income Statement (Quarterly)	2026-04-07	2025-06-30	2025-03-31	2024-12-31
Revenue	639,412,544	639,412,544	319,706,272	858,513,412
Cost of Revenue	509,797,760	509,797,760	254,898,880	724,326,012
Gross Profit	129,614,786	129,614,786	64,807,393	134,187,400
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	68,268,844	68,268,844	34,134,422	81,277,126
Operating Expenses	67,969,216	67,969,216	33,984,608	81,277,126
Operating Income	61,645,568	61,645,568	30,822,784	52,910,274
Interest Expense	0	40,274,692	0	0
Income Before Tax	21,851,066	21,851,066	10,925,533	30,166,739
Income Tax Expense	530,000	530,000	265,000	867,965
Net Income	21,321,066	21,321,066	10,660,533	29,298,774
Per Share
EPS	0.04	0.04	0.02	0.06
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Ladun Investment Company (9535.SR).
Income Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Revenue	1,505,275,867	1,436,019,591	881,179,374	769,821,055	527,020,745
Cost of Revenue	1,238,542,495	1,137,928,372	714,116,168	666,970,969	421,224,520
Gross Profit	266,733,372	298,091,219	167,063,206	102,850,086	105,796,225
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	149,871,350	13,788,855	79,717,322	0	21,850,760
Operating Expenses	149,871,350	144,177,280	-89,632,080	0	73,807,217
Operating Income	116,862,022	153,913,939	77,431,126	37,076,324	31,963,909
Interest Expense	0	30,145,827	24,924,952	21,048,497	12,840,462
Income Before Tax	60,679,408	121,520,718	66,701,940	95,413,826	29,800,355
Income Tax Expense	-1,048,476	12,179,752	6,511,730	14,613,608	4,985,271
Net Income	61,691,384	109,340,966	60,190,210	80,800,218	24,815,084
Per Share
EPS	0.12	0.22	0.12	2.19	0.67
EPS Diluted	0.00	0.00	0.00	0.00	0.00

Balance sheet quarterly history for Ladun Investment Company (9535.SR).
Balance Sheet (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Assets
Cash and Cash Equivalents	103,329,941	194,793,697	232,729,230	536,205,032
Short Term Investments	30,653,000	31,887,750	114,496,649	0
Net Receivables	1,813,775,502	774,710,233	228,821,933	0
Inventory	0	293,541,146	233,367,591	0
Total Current Assets	1,426,079,288	1,295,877,559	1,080,744,739	1,176,784,215
Property Plant Equipment	110,246,214	73,692,670	209,378,166	0
Goodwill and Intangibles	903,356	2,823,051	2,457,270	0
Total Assets	3,012,816,441	2,767,583,919	2,866,593,701	2,031,257,807
Liabilities
Account Payables	227,802,127	124,572,119	93,503,981	0
Short Term Debt	265,250,461	544,401,167	237,015,826	0
Total Current Liabilities	1,408,457,451	1,291,661,615	1,076,888,444	1,015,438,510
Long Term Debt	946,004,996	856,682,150	598,308,312	0
Total Liabilities	2,377,896,797	2,314,598,486	2,314,598,486	2,031,257,807
Shareholders Equity
Retained Earnings	154,127,954	138,684,125	51,244,562	0
Total Shareholders Equity	634,919,644	595,653,501	551,995,215	516,690,120

Balance sheet annual history for Ladun Investment Company (9535.SR).
Balance Sheet (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Assets
Cash and Cash Equivalents	103,329,941	194,793,697	232,729,230	536,205,032	173,319,757
Short Term Investments	30,653,000	31,887,750	114,496,649	0	13,542,443
Net Receivables	1,813,775,502	774,710,233	228,821,933	0	0
Inventory	0	293,541,146	233,367,591	0	172,719,724
Total Current Assets	1,426,079,288	1,295,877,559	1,080,744,739	1,176,784,215	794,357,602
Property Plant Equipment	110,246,214	73,692,670	209,378,166	0	381,909,931
Goodwill and Intangibles	903,356	2,823,051	2,457,270	0	4,603,519
Total Assets	3,012,816,441	2,767,583,919	2,866,593,701	2,031,257,807	1,693,268,905
Liabilities
Account Payables	227,802,127	124,572,119	93,503,981	0	38,008,628
Short Term Debt	265,250,461	544,401,167	237,015,826	0	626,080,352
Total Current Liabilities	1,408,457,451	1,291,661,615	1,076,888,444	1,015,438,510	1,012,048,926
Long Term Debt	946,004,996	856,682,150	598,308,312	0	225,477,097
Total Liabilities	2,377,896,797	2,314,598,486	2,314,598,486	2,031,257,807	1,247,228,011
Shareholders Equity
Retained Earnings	154,127,954	138,684,125	51,244,562	0	71,034,813
Total Shareholders Equity	634,919,644	595,653,501	551,995,215	516,690,120	446,040,894

Cash flow quarterly history for Ladun Investment Company (9535.SR).
Cash Flow Statement (Quarterly)	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Operating Activities
Net Income	61,727,884	109,340,966	60,190,210	80,800,218
Depreciation & Amortization	36,611,222	34,600,758	38,232,146	0
Stock Based Compensation	0	0	0	0
Change in Working Capital	-221,973,154	-451,680,360	-94,492,296	0
Operating Cash Flow	-18,241,405	-283,215,413	10,492,558	26,962,193
Investing Activities
Capital Expenditure	-19,923,825	-16,654,290	-68,028,526	0
Investments	-19,923,821	-16,654,290	-68,028,526	0
Investing Cash Flow	66,285,347	-39,820,436	-415,794,962	122,719,357
Financing Activities
Debt Repayment	-107,570,151	0	-196,260,000	0
Common Stock Issued/Repurchased	0	0	0	0
Dividends Paid	-20,000,000	0	-14,999,545	0
Financing Cash Flow	-139,507,698	275,100,316	111,826,602	179,395,258
Summary
Free Cash Flow	-38,165,230	-299,869,703	-57,535,968	26,962,193
Net Change in Cash	0	-47,935,533	-293,475,802	329,076,808

Cash flow annual history for Ladun Investment Company (9535.SR).
Cash Flow Statement (Annual)	2024-12-31	2023-12-31	2022-12-31	2021-12-31	2020-12-31
Operating Activities
Net Income	61,727,884	109,340,966	60,190,210	80,800,218	24,815,084
Depreciation & Amortization	36,611,222	34,600,758	38,232,146	0	50,742,787
Stock Based Compensation	0	0	0	0	0
Change in Working Capital	-221,973,154	-451,680,360	-94,492,296	0	-147,474,103
Operating Cash Flow	-18,241,405	-283,215,413	10,492,558	26,962,193	-78,538,484
Investing Activities
Capital Expenditure	-19,923,825	-16,654,290	-68,028,526	0	-117,504,555
Investments	-19,923,821	-16,654,290	-68,028,526	0	-116,859,039
Investing Cash Flow	66,285,347	-39,820,436	-415,794,962	122,719,357	-76,724,429
Financing Activities
Debt Repayment	-107,570,151	0	-196,260,000	0	0
Common Stock Issued/Repurchased	0	0	0	0	0
Dividends Paid	-20,000,000	0	-14,999,545	0	0
Financing Cash Flow	-139,507,698	275,100,316	111,826,602	179,395,258	23,712,524
Summary
Free Cash Flow	-38,165,230	-299,869,703	-57,535,968	26,962,193	-196,043,039
Net Change in Cash	0	-47,935,533	-293,475,802	329,076,808	-131,550,389