APH
Listed Company · HOSE
Price
5,530
Latest close
03 Apr 2026
P/E
8.4x
EPS
(TTM)
662
ROE
(TTM)
2.8%
P/B
0.2x
BVPS
(Latest)
23,768
ROA
(TTM)
1.2%
What Is Changing
APH has not yet shown a broad-based top-line recovery. Revenue posted -24.3% YoY, but net margin reached 3.74% with an additional +1.6pp improvement versus the prior year. The next question is whether current profit momentum can hold through the next cycle.
- Net Margin expanded consistently from 1.51% in 2023 to 3.74% in 2025.
- Revenue decreased 24.3% YoY to VND 10,741.3bn in 2025.
- Net Income reached a multi-period high at VND 402.1bn in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 10,741.3 | 14,192.6 | 14,521.9 | 17,326.6 | 14,805.1 |
| Growth | -24% | -2% | -16% | +17% | — |
| Net Income | 402.1 | 309.6 | 219.3 | 57.4 | 237.0 |
| Net Margin | 3.74% | 2.18% | 1.51% | 0.33% | 1.60% |
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,198.4 | 2,371.4 | 2,304.6 | 3,857.9 | 3,844.6 | 3,708.1 | 3,252.0 | 3,388.0 | 3,186.4 | 3,972.3 | 3,245.8 | 4,117.6 |
| Growth | -7% | +3% | -40% | +0% | +4% | +14% | -4% | +6% | -20% | +22% | -21% | — |
| Net Income | 63.3 | 116.7 | 169.2 | 46.7 | 51.2 | -13.8 | 109.4 | 133.0 | 97.5 | 78.6 | 10.4 | 35.3 |
| Net Margin | 2.88% | 4.92% | 7.34% | 1.21% | 1.33% | -0.37% | 3.36% | 3.92% | 3.06% | 1.98% | 0.32% | 0.86% |
Financial Statements
Profitability
Net margin reached 3.74% while Revenue posted -24.3% YoY.
Balance Sheet
Inventory stood at 943.5bn, liabilities at 6,810.7bn, and equity at 5,796.7bn.
Cash Flow
Operating cash flow was 1,052.6bn in 2024, while investing cash flow was -1,061.9bn.
Financing cash flow: -85.7bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
10,746.9 | 14,198.9 | 14,530.3 | 17,355.0 | 14,823.6 |
|
Revenue Deductions
|
5.6 | 6.4 | 8.4 | 28.4 | 0.0 |
|
Net Revenue
|
10,741.3 | 14,192.6 | 14,521.9 | 17,326.6 | 14,805.1 |
|
Cost of Goods Sold
|
9,236.5 | 12,409.1 | 13,095.9 | 15,808.8 | 0.0 |
|
Gross Profit
|
1,504.8 | 1,783.5 | 1,426.1 | 1,517.8 | 1,698.2 |
|
Financial Income
|
154.1 | 270.8 | 272.0 | 292.4 | 277.1 |
|
Financial Expenses
|
230.0 | 233.6 | 333.1 | 379.4 | -317.0 |
|
Interest Expense
|
134.5 | 189.2 | 288.0 | 278.8 | -258.0 |
|
Share of Associates and Joint Ventures
|
43.9 | 19.0 | 16.3 | 5.6 | -3.3 |
|
Selling Expenses
|
542.0 | 811.9 | 600.0 | 849.7 | -936.8 |
|
General and Administrative Expenses
|
415.0 | 506.4 | 476.0 | 427.3 | -361.8 |
|
Operating Profit
|
515.8 | 521.3 | 305.3 | 159.3 | 356.4 |
|
Other Income
|
20.3 | 12.7 | 21.5 | 12.1 | 0.0 |
|
Other Expenses
|
20.2 | 112.2 | 11.7 | 14.3 | 0.0 |
|
Other Profit
|
0.1 | -99.5 | 9.7 | -2.1 | -14.2 |
|
Profit Before Tax
|
515.9 | 421.8 | 315.0 | 157.2 | 342.2 |
|
Current Income Tax Expense
|
111.2 | 112.1 | 101.9 | 105.1 | -105.2 |
|
Deferred Income Tax Expense
|
2.6 | 0.2 | -6.2 | -5.4 | 0.0 |
|
Net Income
|
402.1 | 309.6 | 219.3 | 57.4 | 237.0 |
|
Non-controlling Interest
|
238.5 | 190.5 | 184.6 | 76.9 | 180.9 |
|
Profit Attributable to Parent
|
163.5 | 119.1 | 34.7 | -19.5 | 56.0 |
|
Earnings per Share
|
670.52 | 488.00 | 140.00 | -104.00 | 189.00 |
|
Diluted EPS
|
670.52 | 488.00 | 140.00 | -104.00 | 276.76 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
4,557.2 | 6,432.6 | 6,461.1 | 7,137.2 | 6,633.0 |
|
I. Cash and cash equivalents
|
1,625.2 | 2,420.8 | 2,504.6 | 2,004.0 | 2,176.4 |
|
1. Cash
|
1,190.4 | 1,653.4 | 1,350.7 | 1,300.0 | 0.0 |
|
2. Cash equivalents
|
434.8 | 767.5 | 1,153.8 | 704.0 | 0.0 |
|
II. Short-term financial investments
|
234.4 | 718.6 | 1,279.8 | 804.2 | 0.0 |
|
1. Available for sale securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Provision for diminution in value of available for sale securities (*)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Held to maturity investments
|
234.4 | 718.6 | 1,279.8 | 804.2 | 0.0 |
|
III. Short-term receivables
|
1,521.2 | 1,805.4 | 1,442.9 | 1,898.4 | 2,522.4 |
|
1. Short-term trade accounts receivable
|
710.6 | 1,212.5 | 919.9 | 1,266.6 | 0.0 |
|
2. Short-term prepayments to suppliers
|
400.0 | 548.9 | 367.8 | 298.0 | 0.0 |
|
3. Short-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Construction contract progress receipts due from customers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Short-term loan receivables
|
313.1 | 1.5 | 21.9 | 140.9 | 0.0 |
|
6. Other short-term receivables
|
127.3 | 95.8 | 163.4 | 212.1 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-29.8 | -53.3 | -30.2 | -19.2 | 0.0 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
943.5 | 1,286.5 | 1,012.8 | 2,155.0 | 1,304.7 |
|
1. Inventories
|
945.5 | 1,289.7 | 1,017.2 | 2,230.6 | 0.0 |
|
2. Provision for decline in value of inventories
|
-2.0 | -3.2 | -4.4 | -75.6 | 0.0 |
|
V. Other short-term assets
|
232.9 | 201.2 | 221.1 | 275.6 | 193.3 |
|
1. Short-term prepayments
|
19.0 | 24.7 | 30.4 | 35.6 | 0.0 |
|
2. Value added tax to be reclaimed
|
213.8 | 175.2 | 187.7 | 229.9 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
0.1 | 1.3 | 3.0 | 10.1 | 0.0 |
|
4. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Other short-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)
|
8,050.3 | 7,012.2 | 5,911.3 | 5,417.0 | 5,677.2 |
|
I. Long-term receivables
|
22.8 | 9.4 | 20.6 | 73.6 | 0.0 |
|
1. Long-term trade receivables
|
0.0 | 0.0 | 0.0 | 50.2 | 106.1 |
|
2. Long-term prepayments to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Capital at inter-company
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Long-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term loan receivables
|
0.0 | 0.0 | 3.6 | 0.9 | 0.0 |
|
6. Other long-term receivables
|
22.8 | 9.4 | 22.6 | 22.5 | 0.0 |
|
7. Provision for long-term doubtful debts
|
0.0 | 0.0 | -5.6 | 0.0 | 0.0 |
|
II. Fixed assets
|
2,783.3 | 3,039.5 | 2,814.4 | 2,922.6 | 2,987.9 |
|
1. Tangible fixed assets
|
2,620.8 | 2,837.2 | 2,588.4 | 2,712.4 | 2,772.0 |
|
- Cost
|
5,187.3 | 5,405.8 | 4,863.1 | 4,617.6 | 0.0 |
|
- Accumulated depreciation
|
-2,566.4 | -2,568.6 | -2,274.7 | -1,905.2 | 0.0 |
|
2. Financial leased fixed assets
|
32.7 | 56.8 | 68.6 | 123.2 | 129.9 |
|
- Cost
|
47.2 | 68.1 | 79.4 | 158.0 | 0.0 |
|
- Accumulated depreciation
|
-14.6 | -11.3 | -10.7 | -34.8 | 0.0 |
|
3. Intangible fixed assets
|
129.8 | 145.6 | 157.3 | 87.0 | 86.1 |
|
- Cost
|
171.7 | 185.7 | 191.8 | 114.7 | 0.0 |
|
- Accumulated depreciation
|
-41.9 | -40.1 | -34.5 | -27.7 | 0.0 |
|
III. Investment properties
|
1,259.6 | 1,292.9 | 1,306.7 | 496.2 | 525.2 |
|
- Cost
|
1,532.5 | 1,504.5 | 1,456.3 | 598.8 | 0.0 |
|
- Accumulated depreciation
|
-272.9 | -211.6 | -149.6 | -102.6 | 0.0 |
|
IV. Long-term assets in progress
|
2,384.1 | 1,224.9 | 298.5 | 822.0 | 939.5 |
|
1. Long-term production in progress
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
2,384.1 | 1,224.9 | 298.5 | 822.0 | 0.0 |
|
V. Long-term financial investments
|
512.2 | 270.5 | 232.5 | 253.4 | 180.9 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
481.8 | 240.1 | 232.5 | 223.4 | 0.0 |
|
3. Investments in other entities
|
30.5 | 30.4 | 0.0 | 0.0 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Held to maturity investments
|
0.0 | 0.0 | 0.0 | 30.0 | 0.0 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
1,088.3 | 1,175.1 | 1,238.7 | 849.2 | 0.0 |
|
1. Long-term prepayments
|
932.3 | 966.9 | 939.9 | 481.0 | 0.0 |
|
2. Deferred income tax assets
|
13.9 | 17.1 | 17.8 | 11.8 | 0.0 |
|
3. Long-term equipment, supplies, spare parts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other long-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 937.5 |
|
5. Goodwill
|
142.0 | 191.1 | 281.0 | 356.3 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
12,607.5 | 13,444.9 | 12,372.5 | 12,554.2 | 12,310.2 |
|
A. LIABILITIES (300=210+330)
|
6,810.7 | 7,525.5 | 6,645.0 | 6,297.9 | 6,363.2 |
|
I. Short -term liabilities
|
3,276.4 | 4,111.9 | 4,661.7 | 4,235.2 | 4,126.1 |
|
1. Short-term trade accounts payable
|
574.1 | 858.3 | 619.5 | 917.6 | 707.3 |
|
2. Short-term advances from customers
|
138.6 | 135.2 | 139.4 | 198.9 | 180.1 |
|
3. Taxes and other payables to state authorities
|
101.5 | 89.5 | 28.8 | 30.7 | 0.0 |
|
4. Payable to employees
|
62.7 | 68.0 | 60.9 | 79.8 | 0.0 |
|
5. Short-term acrrued expenses
|
98.3 | 93.3 | 163.7 | 36.5 | 0.0 |
|
6. Short-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Construction contract progress payments due to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Short-term unearned revenue
|
169.2 | 111.5 | 116.2 | 97.8 | 66.1 |
|
9. Other short-term payables
|
171.9 | 161.6 | 160.9 | 237.8 | 0.0 |
|
10. Short-term borrowings and financial leases
|
1,911.2 | 2,554.9 | 3,356.4 | 2,600.3 | 2,814.3 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
12.. Bonus and welfare fund
|
49.0 | 39.7 | 15.9 | 35.8 | 0.0 |
|
13. Price stabilization fund
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Long-term liabilities
|
3,534.4 | 3,413.6 | 1,983.4 | 2,062.7 | 2,237.1 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 0.0 | 0.5 | 10.3 |
|
2. Long-term advances from customers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
0.0 | 0.0 | 0.0 | 7.3 | 0.0 |
|
4. Inter-company payables on business capital
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Long-term unearned revenue
|
2,382.9 | 2,039.5 | 1,498.2 | 157.4 | 89.4 |
|
7. Other long-term liabilities
|
3.7 | 3.9 | 8.8 | 14.3 | 0.0 |
|
8. Long-term borrowings and financial leases
|
1,131.7 | 1,353.9 | 459.7 | 1,883.3 | 2,124.2 |
|
9. Convertible bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Deferred income tax liabilities
|
11.8 | 11.9 | 12.4 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
4.3 | 4.3 | 4.2 | 0.0 | 0.0 |
|
13. Fund for technology development
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Provision for severance allowances
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
5,796.7 | 5,919.4 | 5,727.4 | 6,256.3 | 5,946.9 |
|
I. Owner's equity
|
5,796.7 | 5,919.4 | 5,727.4 | 6,256.3 | 0.0 |
|
1. Owner's capital
|
2,438.8 | 2,438.8 | 2,438.8 | 2,512.0 | 5,946.9 |
|
- Common stock with voting right
|
2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,024.2 |
|
- Preferred stock
|
0.0 | 0.0 | 0.0 | 73.1 | 0.0 |
|
2. Share premium
|
28.5 | 28.5 | 28.5 | 169.2 | 657.0 |
|
3. Convertible bond option
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
80.0 | 80.0 | 80.0 | 80.0 | 70.8 |
|
5. Treasury shares
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Foreign exchange differences
|
21.7 | 18.0 | 11.5 | 6.6 | 0.0 |
|
8. Investment and development fund
|
15.3 | 15.3 | 15.3 | 15.3 | 0.0 |
|
9. Fund to support corporate restructuring
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Undistributed earnings after tax
|
-55.2 | -74.8 | -171.0 | 73.4 | 110.1 |
|
- Accumulated retained earning at the end of the previous period
|
-102.1 | -193.1 | 63.5 | 48.3 | -11.9 |
|
- Undistributed earnings in this period
|
46.9 | 118.3 | -234.6 | 25.1 | 122.0 |
|
12. Reserves for investment in construction
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
3,267.6 | 3,413.4 | 3,324.2 | 3,399.7 | 3,074.6 |
|
14. Financial reserves
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Subsidized not-for-profit funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Funds invested in fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
C. MINORITY'S INTEREST
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
12,607.5 | 13,444.9 | 12,372.5 | 12,554.2 | 12,310.2 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
421.8 | 315.0 | 157.2 | 342.2 | 293.5 |
|
Depreciation of Fixed Assets and Investment Property
|
517.9 | 489.6 | 477.7 | 484.3 | 375.4 |
|
Provision (Increase)/Reversal
|
16.3 | -54.6 | 81.8 | 0.0 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
-6.8 | -13.8 | -5.8 | 0.0 | 0.0 |
|
Gain/Loss from Investment Activities
|
-17.3 | -211.3 | -154.3 | 0.0 | 0.0 |
|
Interest Expense
|
198.6 | 299.8 | 290.5 | 0.0 | 0.0 |
|
Gain/Loss on Disposal of Fixed Assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Income and Dividends
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Amortization of Goodwill
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Adjustments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
1,130.5 | 824.7 | 847.0 | 933.1 | 805.4 |
|
Increase/(Decrease) in Receivables
|
-275.1 | 590.2 | 314.0 | 0.0 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-272.5 | 1,034.2 | -878.1 | 0.0 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
795.7 | 786.0 | 418.7 | 0.0 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
-30.5 | -32.2 | 46.7 | 0.0 | 0.0 |
|
Changes in Trading Securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-212.4 | -288.7 | -286.2 | 0.0 | 0.0 |
|
Corporate Income Tax Paid
|
-46.7 | -98.2 | -151.6 | 0.0 | 0.0 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-36.6 | -39.3 | -57.7 | 0.0 | 0.0 |
|
Net Cash Flow from Operating Activities
|
1,052.6 | 2,776.5 | 252.8 | 170.0 | 772.2 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-1,165.9 | -686.1 | -281.4 | -852.9 | -461.2 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
55.5 | 11.3 | 6.7 | 6.7 | 19.6 |
|
Loans and Purchases of Debt Instruments
|
-2,034.2 | -2,555.2 | -1,659.3 | -1,937.4 | -1,482.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
2,731.0 | 2,225.9 | 1,375.8 | 2,300.7 | 2,570.5 |
|
Investments in Other Entities
|
-916.6 | -754.1 | -450.4 | -447.6 | -700.4 |
|
Proceeds from Investments in Other Entities
|
79.2 | 243.4 | 148.9 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
189.2 | 169.4 | 126.4 | 0.0 | 0.0 |
|
Increase/(Decrease) in Term Deposits
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Acquisition of Non-controlling Interests
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Investing Activities
|
-1,061.9 | -1,345.5 | -733.3 | -230.9 | 294.8 |
|
Proceeds from Equity Issuance and Capital Contributions
|
0.0 | 0.0 | 764.2 | 1,249.9 | 349.8 |
|
Share Repurchases
|
0.0 | -213.9 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
7,777.4 | 7,465.2 | 8,942.2 | 10,293.0 | 7,637.7 |
|
Repayment of Borrowings
|
-7,793.0 | -8,147.8 | -9,390.6 | -10,325.5 | -8,153.8 |
|
Repayment of Finance Leases
|
-23.2 | -36.1 | -23.9 | -16.7 | -9.1 |
|
Dividends Paid
|
-47.0 | -10.5 | -6.0 | -88.6 | -78.9 |
|
Other Financing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Financing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Financing Activities
|
-85.7 | -943.1 | 285.9 | 1,112.1 | -254.3 |
|
Net Cash Flow During the Period
|
-94.9 | 488.0 | -194.6 | 655.4 | 851.6 |
|
Cash and Cash Equivalents at Beginning of Period
|
2,504.6 | 2,004.0 | 2,177.4 | 1,133.3 | 321.4 |
|
FX Difference from Revaluation
|
11.2 | 12.6 | 21.2 | -8.0 | -0.8 |
|
Cash and Cash Equivalents at End of Period
|
2,420.8 | 2,504.6 | 2,004.0 | 2,176.4 | 1,133.3 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
2,199.6 | 2,373.6 | 2,305.6 | 3,859.1 | 3,846.1 | 3,709.7 | 3,253.9 | 3,389.3 | 3,190.2 | 3,975.8 | 3,248.2 | 4,118.6 |
|
Revenue Deductions
|
1.2 | 2.3 | 0.9 | 1.2 | 1.5 | 1.6 | 1.9 | 1.3 | 3.7 | 3.6 | 2.4 | 1.0 |
|
Net Revenue
|
2,198.4 | 2,371.4 | 2,304.6 | 3,857.9 | 3,844.6 | 3,708.1 | 3,252.0 | 3,388.0 | 3,186.4 | 3,972.3 | 3,245.8 | 4,117.6 |
|
Cost of Goods Sold
|
1,866.3 | 2,021.1 | 1,947.5 | 3,392.6 | 3,389.2 | 3,252.8 | 2,793.5 | 2,968.9 | 2,783.8 | 3,587.9 | 2,961.7 | 3,778.8 |
|
Gross Profit
|
332.1 | 350.2 | 357.2 | 465.3 | 455.4 | 455.3 | 458.5 | 419.1 | 402.6 | 384.4 | 284.1 | 338.8 |
|
Financial Income
|
30.5 | 22.7 | 68.6 | 32.4 | 86.3 | 30.4 | 101.9 | 52.6 | 77.6 | 64.7 | 70.3 | 56.2 |
|
Financial Expenses
|
41.0 | 27.9 | 9.5 | 161.9 | 68.3 | 47.1 | 91.3 | 56.2 | 79.8 | 73.3 | 89.2 | 86.9 |
|
Interest Expense
|
35.3 | 24.4 | 36.8 | 38.0 | 50.0 | 40.9 | 47.1 | 51.2 | 71.2 | 66.7 | 73.9 | 72.9 |
|
Share of Associates and Joint Ventures
|
5.3 | 19.5 | 15.9 | 4.3 | 4.0 | 4.9 | 4.4 | 4.8 | 4.4 | 4.1 | 4.1 | 3.1 |
|
Selling Expenses
|
118.5 | 114.9 | 127.0 | 181.5 | 234.3 | 228.4 | 208.0 | 146.0 | 158.5 | 166.5 | 128.6 | 133.4 |
|
General and Administrative Expenses
|
107.9 | 100.0 | 101.6 | 102.4 | 149.7 | 229.6 | 113.3 | 108.9 | 123.7 | 111.1 | 114.8 | 120.4 |
|
Operating Profit
|
100.4 | 149.6 | 203.6 | 56.1 | 93.3 | -14.5 | 152.2 | 165.4 | 122.7 | 102.3 | 26.0 | 57.4 |
|
Other Income
|
7.2 | 2.3 | -0.5 | 11.2 | 4.0 | 2.1 | 5.2 | 1.7 | 6.2 | 8.6 | 3.9 | 3.8 |
|
Other Expenses
|
4.7 | 4.4 | 3.5 | 7.6 | 9.3 | 4.3 | 1.9 | 1.7 | 6.0 | 3.9 | 2.2 | 1.0 |
|
Other Profit
|
2.5 | -2.1 | -4.0 | 3.7 | -5.3 | -2.2 | 3.2 | 0.0 | 0.2 | 4.7 | 1.7 | 2.8 |
|
Profit Before Tax
|
102.9 | 147.5 | 199.6 | 59.8 | 88.0 | -16.8 | 155.4 | 165.4 | 122.9 | 107.0 | 27.7 | 60.3 |
|
Current Income Tax Expense
|
44.1 | 29.2 | 24.3 | 13.5 | 38.6 | -2.5 | 39.0 | 35.1 | 31.6 | 29.3 | 18.9 | 22.8 |
|
Deferred Income Tax Expense
|
-4.5 | 1.6 | 6.0 | -0.5 | -1.9 | -0.4 | 7.0 | -2.6 | -6.3 | -0.9 | -1.6 | 2.1 |
|
Net Income
|
63.3 | 116.7 | 169.2 | 46.7 | 51.2 | -13.8 | 109.4 | 133.0 | 97.5 | 78.6 | 10.4 | 35.3 |
|
Non-controlling Interest
|
23.8 | 67.0 | 110.9 | 32.8 | 19.2 | -9.7 | 63.1 | 90.8 | 57.3 | 58.2 | 28.5 | 42.5 |
|
Profit Attributable to Parent
|
39.5 | 49.7 | 58.3 | 13.9 | 32.0 | -4.1 | 46.3 | 42.2 | 40.3 | 20.4 | -18.1 | -7.1 |
|
Earnings per Share
|
162.00 | 203.67 | 239.17 | 56.97 | 131.41 | -17.00 | 189.91 | 172.84 | 165.12 | 83.84 | -74.21 | -29.22 |
|
Diluted EPS
|
162.00 | 203.67 | 239.17 | 56.97 | 131.41 | -17.00 | 189.91 | 172.84 | 165.12 | 83.84 | -74.21 | -29.22 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
4,557.2 | 4,386.6 | 4,550.7 | 4,798.8 | 6,448.1 | 6,961.7 | 7,072.1 | 6,685.3 | 6,490.6 | 6,727.0 | 6,552.5 | 7,003.6 |
|
I. Cash and cash equivalents
|
1,625.2 | 1,748.2 | 1,708.8 | 2,106.6 | 2,420.8 | 1,946.3 | 2,360.5 | 2,447.1 | 2,504.6 | 1,777.1 | 1,477.7 | 1,906.5 |
|
1. Cash
|
1,190.4 | 1,197.4 | 1,404.3 | 1,187.2 | 1,653.4 | 1,371.9 | 1,902.6 | 1,440.8 | 1,350.8 | 590.4 | 929.8 | 872.4 |
|
2. Cash equivalents
|
434.8 | 550.8 | 304.5 | 919.4 | 767.5 | 574.5 | 457.9 | 1,006.3 | 1,153.8 | 1,186.7 | 547.9 | 1,034.1 |
|
II. Short-term financial investments
|
234.4 | 186.4 | 229.4 | 166.2 | 718.6 | 1,346.7 | 1,417.0 | 296.1 | 1,279.8 | 1,591.5 | 1,755.1 | 1,223.9 |
|
1. Available for sale securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Provision for diminution in value of available for sale securities (*)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Held to maturity investments
|
234.4 | 186.4 | 229.4 | 166.2 | 718.6 | 1,346.7 | 1,417.0 | 296.1 | 1,279.8 | 1,591.5 | 1,755.1 | 1,223.9 |
|
III. Short-term receivables
|
1,521.2 | 1,533.7 | 1,498.9 | 1,555.5 | 1,755.7 | 2,306.8 | 1,967.1 | 2,885.2 | 1,477.6 | 2,232.5 | 1,669.7 | 2,200.2 |
|
1. Short-term trade accounts receivable
|
710.6 | 846.0 | 834.1 | 718.5 | 1,212.6 | 1,213.0 | 1,007.7 | 1,142.5 | 945.6 | 1,479.3 | 1,147.2 | 1,377.4 |
|
2. Short-term prepayments to suppliers
|
400.0 | 486.3 | 577.2 | 757.8 | 558.7 | 740.0 | 749.7 | 787.5 | 369.6 | 327.8 | 357.4 | 306.9 |
|
3. Short-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Construction contract progress receipts due from customers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Short-term loan receivables
|
313.1 | 186.0 | 20.0 | 1.5 | 1.5 | 290.3 | 162.0 | 807.3 | 22.1 | 252.6 | 11.8 | 375.7 |
|
6. Other short-term receivables
|
127.3 | 60.9 | 98.0 | 102.6 | 97.2 | 115.0 | 86.6 | 178.1 | 176.0 | 193.5 | 174.7 | 159.4 |
|
7. Provision for short-term doubtful debts (*)
|
-29.8 | -45.5 | -30.4 | -24.9 | -114.4 | -51.6 | -38.9 | -30.2 | -35.6 | -20.8 | -21.5 | -19.2 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
943.5 | 757.3 | 959.0 | 827.6 | 1,352.4 | 1,139.0 | 1,115.1 | 864.9 | 1,007.5 | 921.5 | 1,385.6 | 1,446.8 |
|
1. Inventories
|
945.5 | 758.3 | 960.5 | 829.1 | 1,355.6 | 1,140.7 | 1,118.7 | 866.3 | 1,011.9 | 935.1 | 1,411.8 | 1,466.1 |
|
2. Provision for decline in value of inventories
|
-2.0 | -1.0 | -1.5 | -1.5 | -3.2 | -1.7 | -3.7 | -1.4 | -4.4 | -13.6 | -26.3 | -19.4 |
|
V. Other short-term assets
|
232.9 | 161.1 | 154.7 | 143.0 | 200.5 | 222.9 | 212.3 | 191.9 | 221.1 | 204.4 | 264.4 | 226.3 |
|
1. Short-term prepayments
|
19.0 | 21.9 | 25.6 | 30.8 | 24.7 | 31.1 | 34.7 | 39.7 | 30.4 | 30.5 | 34.4 | 43.2 |
|
2. Value added tax to be reclaimed
|
213.8 | 139.1 | 128.9 | 111.9 | 175.2 | 188.7 | 177.5 | 151.2 | 187.8 | 170.9 | 226.8 | 179.4 |
|
3. Taxes and other receivables from state authorities
|
0.1 | 0.1 | 0.2 | 0.4 | 0.6 | 3.2 | 0.1 | 1.0 | 3.0 | 3.0 | 3.2 | 3.7 |
|
4. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Other short-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)
|
8,050.3 | 7,566.2 | 7,351.5 | 7,051.5 | 6,976.4 | 5,867.7 | 5,761.1 | 5,821.6 | 5,833.0 | 5,765.8 | 5,755.2 | 5,355.4 |
|
I. Long-term receivables
|
22.8 | 32.3 | 8.1 | 8.8 | 70.3 | 8.0 | 20.1 | 21.7 | 15.6 | 13.6 | 24.9 | 95.3 |
|
1. Long-term trade receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.1 | 0.0 | 0.0 | 69.8 |
|
2. Long-term prepayments to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Capital at inter-company
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Long-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term loan receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 8.0 | 3.8 | 3.6 | 3.6 | 3.6 | 0.0 | 2.9 |
|
6. Other long-term receivables
|
22.8 | 21.9 | 8.1 | 8.8 | 8.0 | 0.0 | 20.6 | 23.6 | 9.9 | 10.0 | 24.9 | 22.5 |
|
7. Provision for long-term doubtful debts
|
0.0 | 10.4 | 0.0 | 0.0 | 62.3 | 0.0 | -4.3 | -5.6 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
2,783.3 | 2,788.8 | 2,812.9 | 2,763.6 | 3,039.5 | 2,720.0 | 2,722.4 | 2,752.3 | 2,732.7 | 2,814.6 | 2,893.0 | 2,869.2 |
|
1. Tangible fixed assets
|
2,620.8 | 2,621.7 | 2,640.1 | 2,576.9 | 2,837.2 | 2,511.6 | 2,487.2 | 2,511.6 | 2,564.6 | 2,639.1 | 2,673.3 | 2,652.2 |
|
- Cost
|
5,187.3 | 5,100.4 | 5,058.4 | 4,893.6 | 5,405.8 | 5,020.2 | 4,915.6 | 4,872.9 | 4,825.4 | 4,821.9 | 4,742.3 | 4,640.0 |
|
- Accumulated depreciation
|
-2,566.4 | -2,478.7 | -2,418.3 | -2,316.7 | -2,568.6 | -2,508.6 | -2,428.4 | -2,361.2 | -2,260.8 | -2,182.7 | -2,069.0 | -1,987.8 |
|
2. Financial leased fixed assets
|
32.7 | 33.6 | 35.6 | 55.3 | 56.8 | 58.3 | 84.1 | 86.2 | 68.6 | 75.7 | 118.6 | 131.4 |
|
- Cost
|
47.2 | 47.2 | 41.2 | 68.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-14.6 | -13.6 | -5.6 | -12.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
129.8 | 133.5 | 137.2 | 131.4 | 145.6 | 150.0 | 151.1 | 154.5 | 99.5 | 99.7 | 101.1 | 85.6 |
|
- Cost
|
171.7 | 173.9 | 176.1 | 167.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-41.9 | -40.4 | -38.9 | -36.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
III. Investment properties
|
1,259.6 | 1,274.7 | 1,261.8 | 1,277.3 | 1,292.9 | 1,313.8 | 1,329.1 | 1,347.3 | 1,316.3 | 467.7 | 476.3 | 486.2 |
|
- Cost
|
1,532.5 | 1,532.5 | 1,504.5 | 1,504.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-272.9 | -257.8 | -242.7 | -227.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
2,384.1 | 1,812.4 | 1,582.6 | 1,594.4 | 1,191.9 | 426.1 | 291.3 | 221.9 | 288.2 | 978.2 | 792.7 | 820.6 |
|
1. Long-term production in progress
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
2,384.1 | 1,812.4 | 1,582.6 | 1,594.4 | 1,191.9 | 426.1 | 291.3 | 221.9 | 288.2 | 978.2 | 792.7 | 820.6 |
|
V. Long-term financial investments
|
512.2 | 507.0 | 536.4 | 577.0 | 270.9 | 290.2 | 189.2 | 238.5 | 232.0 | 240.3 | 236.2 | 256.5 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
481.8 | 476.6 | 506.0 | 546.5 | 240.6 | 240.2 | 189.2 | 238.5 | 232.0 | 240.3 | 236.2 | 226.5 |
|
3. Investments in other entities
|
30.5 | 30.5 | 30.5 | 30.5 | 30.4 | 50.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Held to maturity investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 30.0 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
1,088.3 | 1,151.1 | 1,149.7 | 830.4 | 1,110.8 | 1,109.6 | 1,208.9 | 973.9 | 957.7 | 912.9 | 978.3 | 485.9 |
|
1. Long-term prepayments
|
932.3 | 984.2 | 969.3 | 634.1 | 903.5 | 898.6 | 958.6 | 953.6 | 939.3 | 900.8 | 967.0 | 476.2 |
|
2. Deferred income tax assets
|
13.9 | 11.7 | 13.3 | 17.2 | 16.2 | 17.0 | 16.7 | 20.3 | 18.5 | 12.2 | 11.3 | 9.7 |
|
3. Long-term equipment, supplies, spare parts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other long-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Goodwill
|
142.0 | 155.1 | 167.1 | 179.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 191.1 | 194.0 | 233.6 | 265.9 | 290.5 | 338.4 | 353.8 | 341.7 |
|
TOTAL ASSETS (280=100+200)
|
12,607.5 | 11,952.9 | 11,902.2 | 11,850.3 | 13,424.5 | 12,829.4 | 12,833.1 | 12,506.9 | 12,323.6 | 12,492.7 | 12,307.7 | 12,359.0 |
|
A. LIABILITIES (300=210+330)
|
6,810.7 | 6,217.5 | 6,268.4 | 6,138.7 | 7,506.3 | 6,946.3 | 6,921.5 | 6,690.6 | 6,640.4 | 6,344.5 | 6,237.1 | 6,286.6 |
|
I. Short -term liabilities
|
3,276.4 | 3,102.4 | 3,141.8 | 3,034.4 | 4,006.0 | 4,112.3 | 4,421.6 | 4,352.6 | 4,671.7 | 4,118.2 | 4,816.1 | 4,195.0 |
|
1. Short-term trade accounts payable
|
574.1 | 496.4 | 565.3 | 468.8 | 837.7 | 684.5 | 649.3 | 656.5 | 601.4 | 684.1 | 776.0 | 703.0 |
|
2. Short-term advances from customers
|
138.6 | 132.9 | 141.1 | 121.6 | 135.1 | 151.3 | 183.9 | 135.6 | 165.0 | 117.8 | 269.2 | 155.5 |
|
3. Taxes and other payables to state authorities
|
101.5 | 66.6 | 41.9 | 13.1 | 89.9 | 54.7 | 56.0 | 42.1 | 29.5 | 84.5 | 49.1 | 21.4 |
|
4. Payable to employees
|
62.7 | 57.7 | 59.1 | 57.4 | 68.7 | 59.6 | 57.3 | 55.6 | 60.4 | 52.6 | 55.4 | 54.1 |
|
5. Short-term acrrued expenses
|
98.3 | 59.6 | 59.4 | 37.5 | 93.3 | 110.4 | 112.3 | 131.9 | 162.6 | 70.7 | 46.6 | 31.0 |
|
6. Short-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Construction contract progress payments due to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Short-term unearned revenue
|
169.2 | 115.5 | 120.5 | 97.2 | 111.5 | 117.7 | 127.3 | 106.2 | 116.2 | 72.0 | 83.5 | 71.7 |
|
9. Other short-term payables
|
171.9 | 272.6 | 237.0 | 166.0 | 161.9 | 80.9 | 95.8 | 77.1 | 160.2 | 256.2 | 360.8 | 241.5 |
|
10. Short-term borrowings and financial leases
|
1,911.2 | 1,847.6 | 1,867.1 | 2,043.9 | 2,463.9 | 2,801.6 | 3,086.4 | 3,132.9 | 3,356.4 | 2,754.3 | 3,146.2 | 2,903.4 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 4.3 | 4.4 | 0.0 | 0.0 | 4.2 | 5.0 | 5.2 | 0.0 |
|
12.. Bonus and welfare fund
|
49.0 | 53.5 | 50.5 | 29.0 | 39.7 | 47.4 | 53.4 | 14.7 | 15.9 | 20.9 | 24.1 | 13.4 |
|
13. Price stabilization fund
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Long-term liabilities
|
3,534.4 | 3,115.1 | 3,126.5 | 3,104.3 | 3,500.3 | 2,834.0 | 2,499.9 | 2,338.0 | 1,968.7 | 2,226.3 | 1,421.0 | 2,091.6 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.1 | 0.0 | 0.0 | 0.4 |
|
2. Long-term advances from customers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 14.4 | 12.0 | 9.6 |
|
4. Inter-company payables on business capital
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Long-term unearned revenue
|
2,382.9 | 2,060.3 | 2,052.5 | 1,718.5 | 2,039.5 | 2,020.7 | 1,925.6 | 1,856.9 | 1,498.2 | 833.9 | 124.7 | 157.7 |
|
7. Other long-term liabilities
|
3.7 | 3.7 | 3.7 | 3.7 | 3.9 | 3.9 | 5.7 | 8.9 | 8.8 | 10.1 | 10.1 | 10.1 |
|
8. Long-term borrowings and financial leases
|
1,131.7 | 1,032.8 | 1,051.3 | 1,365.7 | 1,444.9 | 794.7 | 548.8 | 455.7 | 459.5 | 1,367.9 | 1,274.2 | 1,913.9 |
|
9. Convertible bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Deferred income tax liabilities
|
11.8 | 14.0 | 14.1 | 11.9 | 11.9 | 14.6 | 15.5 | 12.1 | 0.0 | 0.0 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
4.3 | 4.3 | 5.0 | 4.6 | 0.0 | 0.0 | 4.4 | 4.4 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Fund for technology development
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Provision for severance allowances
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
5,796.7 | 5,735.3 | 5,633.9 | 5,711.6 | 5,918.3 | 5,883.1 | 5,911.6 | 5,816.2 | 5,683.2 | 6,148.3 | 6,070.6 | 6,072.4 |
|
I. Owner's equity
|
5,796.7 | 5,735.3 | 5,633.9 | 5,711.6 | 5,918.3 | 5,883.1 | 5,911.6 | 5,816.2 | 5,683.2 | 6,148.3 | 6,070.6 | 6,072.4 |
|
1. Owner's capital
|
2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 |
|
- Common stock with voting right
|
2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 | 2,438.8 |
|
- Preferred stock
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 | 28.5 |
|
3. Convertible bond option
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 | 80.0 |
|
5. Treasury shares
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Foreign exchange differences
|
21.7 | 21.7 | 20.6 | 17.7 | 18.0 | 12.9 | 18.3 | 12.6 | 12.1 | 11.7 | 9.2 | 6.0 |
|
8. Investment and development fund
|
15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 | 15.3 |
|
9. Fund to support corporate restructuring
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Undistributed earnings after tax
|
-55.2 | -94.4 | -133.9 | -56.2 | -95.2 | -208.4 | -144.9 | -129.8 | -168.9 | 26.1 | 3.9 | 63.8 |
|
- Accumulated retained earning at the end of the previous period
|
-102.1 | -102.9 | -156.1 | -76.8 | -215.1 | -206.7 | -190.1 | -172.0 | 63.5 | 63.5 | 63.0 | 71.9 |
|
- Undistributed earnings in this period
|
46.9 | 8.4 | 22.2 | 20.6 | 119.9 | -1.7 | 45.2 | 42.1 | -232.5 | -37.4 | -59.2 | -8.0 |
|
12. Reserves for investment in construction
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
3,267.6 | 3,245.3 | 3,184.5 | 3,187.4 | 3,432.7 | 3,515.9 | 3,475.4 | 3,370.8 | 3,277.3 | 3,547.8 | 3,494.9 | 3,439.8 |
|
14. Financial reserves
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Subsidized not-for-profit funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Funds invested in fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
C. MINORITY'S INTEREST
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
12,607.5 | 11,952.9 | 11,902.2 | 11,850.3 | 13,424.5 | 12,829.4 | 12,833.1 | 12,506.9 | 12,323.6 | 12,492.7 | 12,307.7 | 12,359.0 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Profit Before Tax
|
102.9 | 147.5 | 205.7 | 59.8 | 88.0 | -16.8 | 186.2 | 165.4 | 121.0 | 107.0 | 26.8 | 60.3 |
|
Depreciation of Fixed Assets and Investment Property
|
129.4 | 127.8 | 128.5 | 136.0 | 137.8 | 120.9 | 121.6 | 130.1 | 121.1 | 124.7 | 123.1 | 120.7 |
|
Provision (Increase)/Reversal
|
-2.8 | 0.0 | -0.5 | -2.0 | 1.4 | 7.1 | 8.9 | -3.0 | 3.3 | -13.5 | 5.2 | -49.6 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
0.6 | 22.5 | -29.4 | -0.8 | 5.4 | 23.9 | -21.7 | 0.0 | -13.8 | -8.1 | 8.1 | 0.0 |
|
Gain/Loss from Investment Activities
|
-37.4 | -27.5 | -67.9 | 89.1 | -2.8 | -21.3 | -26.0 | -43.3 | -67.8 | -42.4 | -61.1 | -40.0 |
|
Interest Expense
|
38.0 | 25.9 | 44.8 | 40.1 | 51.1 | 44.2 | 48.7 | 54.4 | 77.3 | 69.0 | 76.5 | 77.0 |
|
Gain/Loss on Disposal of Fixed Assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Income and Dividends
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Amortization of Goodwill
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Adjustments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
230.6 | 296.1 | 281.2 | 322.2 | 280.9 | 157.9 | 317.7 | 303.6 | 241.1 | 236.7 | 178.6 | 168.3 |
|
Increase/(Decrease) in Receivables
|
-46.7 | -124.9 | -78.4 | -402.8 | 111.6 | -375.4 | 335.9 | -520.1 | 667.4 | -278.6 | 411.7 | -210.3 |
|
Increase/(Decrease) in Inventory
|
-185.9 | 229.9 | -159.2 | 133.9 | -189.8 | 73.4 | -284.5 | 150.8 | -129.4 | 771.9 | -371.6 | 763.3 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
364.5 | 32.1 | 306.0 | 34.6 | 303.1 | 192.7 | 80.1 | 384.3 | 616.4 | 343.6 | 5.9 | -179.9 |
|
Increase/(Decrease) in Prepaid Expenses
|
-16.1 | -8.2 | -17.3 | -19.1 | -208.7 | -5.5 | 9.7 | -29.2 | -40.7 | 8.2 | 5.9 | -5.6 |
|
Changes in Trading Securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-29.5 | -29.9 | -22.5 | -52.3 | -66.3 | -42.9 | -58.4 | -50.3 | -78.3 | -52.2 | -85.7 | -72.5 |
|
Corporate Income Tax Paid
|
-15.0 | -1.9 | -7.8 | -77.5 | -2.8 | -0.7 | -26.6 | -15.4 | -72.5 | -1.1 | -0.8 | -23.9 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-4.5 | -8.0 | -20.0 | -8.4 | -7.6 | -6.0 | -19.6 | -3.4 | -5.0 | -3.2 | -6.0 | -25.0 |
|
Net Cash Flow from Operating Activities
|
297.3 | 385.3 | 282.0 | -69.5 | 220.4 | -6.4 | 354.3 | 220.3 | 1,199.0 | 1,025.2 | 138.1 | 414.3 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-564.1 | -193.7 | -2.2 | -665.5 | -287.7 | -204.5 | -162.5 | -312.6 | -255.1 | -388.1 | -13.5 | -29.5 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
1.0 | 7.1 | 0.9 | 1.0 | 1.1 | 2.2 | 20.4 | 19.8 | -0.3 | 1.3 | 8.2 | 2.2 |
|
Loans and Purchases of Debt Instruments
|
-470.5 | -166.0 | -96.4 | -215.7 | 202.8 | -210.2 | -1,060.3 | -1,016.0 | -60.8 | -395.4 | -592.6 | -1,506.4 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
385.4 | 43.0 | 17.5 | 632.8 | 1,071.6 | 153.8 | 588.6 | 1,213.4 | 602.8 | 314.7 | 458.5 | 849.9 |
|
Investments in Other Entities
|
0.0 | 0.0 | -98.0 | 0.0 | -829.3 | -54.2 | 0.0 | -33.1 | -619.5 | -4.7 | -129.9 | 0.0 |
|
Proceeds from Investments in Other Entities
|
0.0 | 0.0 | 26.0 | -205.9 | 1.0 | 0.2 | 68.0 | 10.0 | 105.5 | 0.0 | 137.8 | 0.0 |
|
Dividends and Interest Income Received
|
15.2 | 9.6 | 19.6 | 43.9 | 48.4 | 10.6 | 31.3 | 96.7 | 47.5 | 25.6 | 26.4 | 69.9 |
|
Increase/(Decrease) in Term Deposits
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Acquisition of Non-controlling Interests
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Investing Activities
|
-633.0 | -299.9 | -132.6 | -409.4 | 207.9 | -302.1 | -514.5 | -21.8 | -179.9 | -446.7 | -105.0 | -613.8 |
|
Proceeds from Equity Issuance and Capital Contributions
|
36.4 | 9.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Share Repurchases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -213.9 |
|
Proceeds from Borrowings
|
1,118.3 | 947.5 | 1,067.8 | 1,744.0 | 2,244.4 | 1,970.8 | 2,096.0 | 1,515.8 | 1,680.6 | 2,151.1 | 1,698.4 | 1,935.0 |
|
Repayment of Borrowings
|
-954.6 | -980.4 | -1,579.4 | -1,576.1 | -2,199.8 | -1,994.9 | -2,053.7 | -1,756.8 | -1,968.7 | -2,419.9 | -2,148.8 | -1,610.3 |
|
Repayment of Finance Leases
|
-1.4 | -2.1 | -4.5 | -3.5 | -3.5 | -10.8 | -4.8 | -4.1 | -5.4 | -14.9 | -9.5 | -6.3 |
|
Dividends Paid
|
0.0 | 0.0 | -57.1 | -0.1 | 0.0 | -36.4 | 0.0 | -10.5 | -0.0 | -0.0 | -9.2 | -1.3 |
|
Other Financing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Financing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Financing Activities
|
198.8 | -25.1 | -573.3 | 164.4 | 41.1 | -71.3 | 37.6 | -255.7 | -293.5 | -283.6 | -469.1 | 103.2 |
|
Net Cash Flow During the Period
|
-136.9 | 60.3 | -423.9 | -314.5 | 469.4 | -379.9 | -122.6 | -57.1 | 725.5 | 294.9 | -436.0 | -96.3 |
|
Cash and Cash Equivalents at Beginning of Period
|
1,748.2 | 1,708.8 | 2,106.6 | 2,420.8 | 2,504.6 | 2,504.6 | 2,504.6 | 2,504.6 | 2,004.0 | 2,004.0 | 2,004.0 | 2,004.0 |
|
FX Difference from Revaluation
|
19.3 | 5.3 | 26.3 | 0.2 | 5.1 | -34.3 | 36.1 | -0.4 | 1.9 | 4.5 | 7.3 | -1.2 |
|
Cash and Cash Equivalents at End of Period
|
1,625.2 | 1,748.2 | 1,708.8 | 2,106.6 | 2,420.8 | 1,946.3 | 2,360.5 | 2,447.1 | 2,504.6 | 1,777.1 | 1,477.7 | 1,906.5 |
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