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	2025-12-31	2025-06-30	2025-03-31
Revenue	639,412,544	518,768,648	639,412,544	319,706,272
Cost of Revenue	509,797,760	462,764,548	509,797,760	254,898,880
Gross Profit	129,614,786	56,004,098	129,614,786	64,807,393
Operating Expenses
R&D Expenses	0	0	0	0
SG&A Expenses	68,268,844	-68,268,844	68,268,844	34,134,422
Operating Expenses	67,969,216	86,576,183	67,969,216	33,984,608
Operating Income	61,645,568	-30,572,083	61,645,568	30,822,784
Interest Expense	0	-40,274,692	40,274,692	0
Income Before Tax	21,851,066	-21,851,066	21,851,066	10,925,533
Income Tax Expense	530,000	-530,000	530,000	265,000
Net Income	21,321,066	-76,717,938	21,321,066	10,660,533
Per Share
EPS	0.04	-0.15	0.04	0.02
EPS Diluted	0.00	0.00	0.00	0.00

Income statement annual history for Ladun Investment Company (9535.SR).
Income Statement (Annual)	2025-12-31	2024-12-31	2023-12-31	2022-12-31	2021-12-31
Revenue	1,158,181,192	1,505,275,867	1,436,019,591	881,179,374	769,821,055
Cost of Revenue	972,562,308	1,238,542,495	1,137,928,372	714,116,168	666,970,969
Gross Profit	185,618,884	266,733,372	298,091,219	167,063,206	102,850,086
Operating Expenses
R&D Expenses	0	0	0	0	0
SG&A Expenses	0	149,871,350	13,788,855	79,717,322	0
Operating Expenses	154,545,399	149,871,350	144,177,280	-89,632,080	0
Operating Income	31,073,485	116,862,022	153,913,939	77,431,126	37,076,324
Interest Expense	0	0	30,145,827	24,924,952	21,048,497
Income Before Tax	0	60,679,408	121,520,718	66,701,940	95,413,826
Income Tax Expense	0	-1,048,476	12,179,752	6,511,730	14,613,608
Net Income	-55,396,872	61,691,384	109,340,966	60,190,210	80,800,218
Per Share
EPS	-0.11	0.12	0.22	0.12	2.19
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	-17,801,594	-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	-17,801,594	-47,935,533	-293,475,802	329,076,808	-131,550,389