Negligible Debt / Strong Balance SheetAn almost zero-debt balance sheet and a large equity base (~9.51B) give durable financial flexibility. Low leverage reduces solvency risk, supports capital allocation for projects or returns, and cushions the business through sector cycles over the next several months.
FY2025 Cash-flow ReboundA sharp return to positive operating and free cash flow in FY2025 improves self-funding capacity and reduces near-term financing dependence. Sustained cash generation strengthens liquidity, supports reinvestment or distributions, and materially improves resiliency across cycles.
High FY2025 Margins And Improved ReturnsVery high reported margins and a meaningful FY2025 profit surge (ROE ~11.9%) indicate the company can generate strong economics when operations align. If sustainable, these margins provide cash for growth, debt-free investment, and improved shareholder returns over the medium term.