BMV

Bột mỳ Vinafood 1 ·UPCOM ·2026Q1

▲ Showing improvement

Cash generation is recovering CFO/NPAT 27 bn, +74 bn YoY

Price

4,600

Latest close

20 May 2026

P/E 27.99x

P/B 0.45x

EPS 164

BVPS 10,336

ROE 1.6%

ROA 0.8%

Profit Margin 0.6%

Asset Turnover 1.27x

Equity Mult. 2.05x

TTM · Applied to: EPS, ROE, ROA, Net Margin, Asset Turnover, Debt/Equity

What Is Changing

On a TTM 2026Q1 basis, BMV is showing some signs of improvement versus the same period, but the current picture is not yet broad enough to confirm a stronger trend — earnings have been recovering gradually over multiple periods. However, a significant portion of profit is supported by non-core sources, making the picture not entirely clear.

	                            
	                                TTM REVENUE
	                            
	                                    VND 647bn
	                                
+0.9%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 4bn
	                                
+53.2%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    47.4%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	634.4	649.8	667.8	833.7	773.4
Growth	-2%	-3%	-20%	+8%	—
Net Income	3.7	2.0	3.4	1.5	4.5
Net Margin	0.58%	0.30%	0.51%	0.18%	0.58%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	160.0	171.8	162.0	153.0	147.5	183.8	164.4	145.5	156.2	167.8	175.5	151.9
Growth	-7%	+6%	+6%	+4%	-20%	+12%	+13%	-7%	-7%	-4%	+16%	—
Net Income	1.2	0.7	1.0	1.0	1.0	1.1	-0.5	1.0	0.1	0.7	0.0	1.4
Net Margin	0.78%	0.42%	0.60%	0.67%	0.69%	0.61%	-0.32%	0.68%	0.04%	0.40%	0.00%	0.93%

Drivers of BMV's profit

TTM

Net profit attributable to parent increased vs last year, mainly helped by higher gross profit. Supporting and offsetting drivers:

Gross profit ↑ 4.6bn

Tax ↓ 1.9bn

Financial income ↑ 1.5bn

Finance costs ↓ 0.7bn

Administrative expenses ↑ 3.9bn

Selling expenses ↑ 2.2bn

TTM

Net profit attributable to parent increased vs prior quarter, mainly helped by higher gross profit. Supporting and offsetting drivers:

Gross profit ↑ 5.0bn

Finance costs ↓ 0.3bn

Administrative expenses ↑ 2.8bn

Selling expenses ↑ 2.2bn

Other profit ↓ 0.1bn

Tax ↑ 0.1bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 1.0% = 0.4% × 1.35 × 1.92

2026Q1 1.6% = 0.6% × 1.27 × 2.05

ROE rose from 1.0% to 1.6% — mainly driven by leverage, despite asset turnover moving in the opposite direction.

Net margin: 0.6% +0.2pp Asset turnover: 1.27x -0.08x Leverage: 2.05x +0.13x

Is the profit sustainable?

Margins improved (+0.2pp), but earnings still rely significantly on non-core sources — warrants closer scrutiny.

very positive positive stable watch under pressure

What is driving the margin?

Net margin stands at 0.61%, broadly flat versus the same period. Supportive factors and pressure points are offsetting one another.

Margin is nearly flat but the underlying components are moving — this is a transitional phase, more time is needed to see the real trend.

Profitability trend

Net Margin 0.61% +0.2pp

Gross Margin 6.82% +0.6pp

SG&A / Revenue 6.45% +0.9pp

Non-core / Revenue 0.40% +0.2pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result is supporting margin

Margin support from financial result remains high (51.4% of PBT) — sustainability should be monitored.

Is capital being used efficiently?

Evaluate capital, asset, and working-capital efficiency.

Is capital being deployed efficiently?

ROIC edged up to 0.92%, rising 0.4pp. That translates to 0.92 in after-tax operating profit for every 100 units of operating capital. The main driver is NOPAT margin rose 0.3pp, with capital turnover broadly stable; with invested capital holding roughly steady.

NOPAT margin led the improvement, but the ROIC level has not yet cleared typical cost of capital — margin needs to hold in coming periods rather than being a one-period rebound.

Watchpoints

ROIC remains low

ROIC is currently 0.92% — below the typical cost-of-capital threshold; worth tracking whether upcoming periods can rise above this level.

CAPITAL EFFICIENCY TREND

ROIC 0.92% +0.4pp

NOPAT Margin 0.59% +0.3pp

Capital Turnover 1.56x −0.03x

Average Invested Capital 413.7bn +10.8bn

Balance Sheet

Capital structure is balanced — liabilities at 0.72x equity, net debt at 0.63x equity.

Inventory ended the period at 92.8bn, roughly 21.7% of total assets.

Over the last 12 months, working capital released 29.8bn of cash, mainly thanks to lower receivables. Pressure from higher inventories and lower payables only partly offset that benefit.

Working Capital Drivers

Receivables decreased → higher CFO: +88.6bn

Inventories increased → lower CFO: −2.7bn

Payables decreased → lower CFO: −56.1bn

Working Capital Efficiency

Cash conversion cycle lengthened by 0.8 days versus the same period last year. The main moves came from DIO rose 1.1 days, DSO rose 5.1 days, and DPO rose 5.5 days.

Working capital cycle is flat — components are offsetting each other.

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 97.1 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Receivables collection is slowing

DSO increased by +5.1 days, pointing to slower receivables turnover.

Working Capital Efficiency

Receivables 52.5 days +5.1 days

Inventory 79.0 days +1.1 days

Payables 34.3 days +5.5 days

Cash Conversion Cycle 97.1 days +0.8 days

Is financial risk significant?

Financial risk is low — leverage is safe, both CFO and FCF are positive.

Leverage & Liquidity

Leverage warrants monitoring, with net debt / equity at 0.63x and interest coverage only at 0.67x.

At present, short-term debt accounts for 100.0% of total debt, cash equals 17.0% of debt, and total debt stands at 189.1bn.

Watchpoints

Interest coverage is thin

Interest coverage is 0.67x, leaving limited room to absorb financing costs.

Short-term refinancing pressure is meaningful

Short-term debt accounts for 100.0% of total debt, raising near-term refinancing needs.

Leverage and liquidity trend

Net Debt / Equity 0.63x −0.07x

Interest Coverage 0.67x +0.14x

Cash / Debt 17.0% +8.3pp

Short-term Debt / Total Debt 100.0% 0.0pp

CFO / NI 8.72x +23.26x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 34.5bn in 2025, against investing cash flow of 70.4bn.

Post-investment cash flow was positive +104.9bn. Financing cash flow was negative +43.4bn.

CFO / net income was 8.72x.

After spending +7.4bn on fixed-asset investment, the business generated trailing free cash flow of +27.2bn.

Cash Conversion

CFO TTM 34.7bn +72.4bn

Cash Capex 7.4bn −1.8bn

FCF TTM +27.2bn +74.3bn

Investment Takeaway

The business is heading the right way, but the current picture is still at partial confirmation — not yet a fully clean case. The positive points have clearly improved, showing the operating base is better than before. The brighter spot is cash generation. Even so, earnings quality still needs closer monitoring because net financial result remains elevated. The main risk still sits in capital efficiency remains weak, with ROIC at 0.9%.

Improvement: cash generation is recovering, with trailing-12M FCF improving by 74.3bn versus the same period last year.

Watchpoint: cash flow is currently keeping pace with accounting earnings, with CFO / net income at 8.72x. Even so, net financial result still accounts for 47.4% of PBT, so the earnings mix still needs monitoring.

Key risk: Capital efficiency remains weak.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	641.7	655.8	674.0	845.7	784.7
Revenue Deductions	7.3	6.0	6.2	11.9	0.0
Net Revenue	634.4	649.8	667.8	833.7	773.4
Cost of Goods Sold	595.2	612.1	629.9	800.1	0.0
Gross Profit	39.2	37.7	37.9	33.6	41.7
Financial Income	9.6	7.3	5.6	4.3	2.1
Financial Expenses	7.6	7.8	8.4	7.7	-1.9
Interest Expense	6.8	6.3	7.0	1.8	-1.3
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	0.0
Selling Expenses	16.7	15.5	15.8	13.0	-15.1
General and Administrative Expenses	20.1	18.0	17.4	15.1	-21.7
Operating Profit	4.5	3.7	1.9	2.2	5.1
Other Income	0.6	1.1	1.6	1.0	0.0
Other Expenses	0.4	0.4	0.0	0.2	0.0
Other Profit	0.2	0.7	1.6	0.8	0.5
Profit Before Tax	4.7	4.3	3.4	3.0	5.6
Current Income Tax Expense	1.0	2.4	0.0	1.5	-1.1
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	3.7	2.0	3.4	1.5	4.5
Non-controlling Interest	—	0.0	0.0	0.0	0.0
Profit Attributable to Parent	3.7	2.0	3.4	1.5	4.5
Earnings per Share	152.00	81.00	142.00	63.00	184.05
Diluted EPS	152.15	80.72	141.78	63.18	184.05

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	345.4	387.1	389.1	327.3	267.5
I. Cash and cash equivalents	66.9	5.3	13.7	10.5	13.6
1. Cash	22.9	5.3	13.7	10.5	0.0
2. Cash equivalents	44.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	88.0	141.6	84.0	10.0	0.0
1. Available for sale securities	—	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
3. Held to maturity investments	88.0	141.6	84.0	10.0	0.0
III. Short-term receivables	96.7	136.2	119.7	157.2	153.4
1. Short-term trade accounts receivable	84.2	103.5	91.6	104.8	0.0
2. Short-term prepayments to suppliers	5.3	1.6	0.5	1.2	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	7.2	31.1	27.6	51.2	0.0
7. Provision for short-term doubtful debts (*)	—	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	92.8	103.3	171.0	149.3	67.7
1. Inventories	92.8	103.3	171.0	149.3	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	1.1	0.6	0.7	0.2	0.8
1. Short-term prepayments	0.9	0.5	0.3	0.2	0.0
2. Value added tax to be reclaimed	—	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	0.2	0.1	0.4	0.0	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	82.4	89.3	94.2	104.3	114.9
I. Long-term receivables	—	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	—	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	78.4	86.6	92.1	101.7	112.7
1. Tangible fixed assets	78.4	86.6	92.1	101.7	112.7
- Cost	299.6	298.2	294.0	291.1	0.0
- Accumulated depreciation	-221.2	-211.6	-201.9	-189.5	0.0
2. Financial leased fixed assets	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
3. Intangible fixed assets	—	0.0	0.0	0.0	0.0
- Cost	0.4	0.4	0.4	0.4	0.0
- Accumulated depreciation	-0.4	-0.4	-0.4	-0.4	0.0
III. Investment properties	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	0.8	0.5	0.5	0.1	0.1
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	0.8	0.5	0.5	0.1	0.0
V. Long-term financial investments	—	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0	0.0
3. Investments in other entities	—	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
5. Held to maturity investments	—	0.0	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	3.3	2.1	1.6	2.5	0.0
1. Long-term prepayments	3.3	2.1	1.6	2.5	0.0
2. Deferred income tax assets	—	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	0.0	0.0	0.0	0.0
4. Other long-term assets	—	0.0	0.0	0.0	2.1
5. Goodwill	—	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	427.9	476.3	483.3	431.5	382.5
A. LIABILITIES (300=210+330)	179.0	229.8	235.9	186.7	135.1
I. Short -term liabilities	178.8	229.6	235.9	186.6	135.0
1. Short-term trade accounts payable	28.9	40.7	61.5	106.4	47.4
2. Short-term advances from customers	2.0	0.3	0.0	0.1	0.0
3. Taxes and other payables to state authorities	3.9	4.0	2.7	4.2	0.0
4. Payable to employees	10.3	7.5	5.0	3.5	0.0
5. Short-term acrrued expenses	0.7	0.7	0.5	0.2	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	0.1	0.2	0.4	0.3	1.1
9. Other short-term payables	0.5	1.6	0.3	3.1	0.0
10. Short-term borrowings and financial leases	131.1	173.5	164.2	67.8	12.1
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.4	1.1	1.3	1.1	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	0.2	0.1	0.0	0.1	0.1
1. Long-term trade payables	—	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	0.0	0.0	0.0	0.0
7. Other long-term liabilities	0.2	0.1	0.0	0.1	0.0
8. Long-term borrowings and financial leases	—	0.0	0.0	0.0	0.0
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	248.9	246.6	247.3	244.8	247.3
I. Owner's equity	248.9	246.6	247.3	244.8	0.0
1. Owner's capital	242.0	242.0	242.0	242.0	247.3
- Common stock with voting right	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	—	0.0	0.0	0.0	0.0
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0	0.0
5. Treasury shares	—	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	3.2	2.6	1.9	1.5	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	3.7	2.0	3.4	1.3	4.5
- Accumulated retained earning at the end of the previous period	—	0.0	0.0	-0.3	0.0
- Undistributed earnings in this period	3.7	2.0	3.4	1.5	4.5
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	427.9	476.3	483.3	431.5	382.5

Item	2025	2024	2023	2022	2021
Profit Before Tax	4.7	4.3	3.4	3.0	5.6
Depreciation of Fixed Assets and Investment Property	9.7	9.7	12.5	13.3	13.5
Provision (Increase)/Reversal	—	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.0	-0.0	-0.1	-0.2	0.0
Gain/Loss from Investment Activities	-8.0	-6.8	-3.2	-2.4	0.0
Interest Expense	6.8	6.3	7.0	1.8	0.0
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	13.1	13.5	19.6	15.4	19.4
Increase/(Decrease) in Receivables	24.6	-0.2	47.4	-7.1	0.0
Increase/(Decrease) in Inventory	10.5	67.7	-21.7	-81.6	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-4.1	-16.4	-46.7	44.3	0.0
Increase/(Decrease) in Prepaid Expenses	-1.6	-0.7	0.7	-0.2	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-6.8	-6.3	-7.0	-1.8	0.0
Corporate Income Tax Paid	-1.3	-1.8	-0.9	-0.9	0.0
Other Operating Receipts	0.1	0.0	0.1	0.0	0.0
Other Operating Payments	-0.2	-0.9	-0.1	-0.1	0.0
Net Cash Flow from Operating Activities	34.5	55.0	-8.7	-31.9	2.3
Payments for Fixed Assets and Other Long-term Assets	-6.0	-3.7	-2.9	-2.2	-0.6
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	0.0	0.1
Loans and Purchases of Debt Instruments	-88.0	-166.6	-84.0	-23.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	156.6	94.0	0.0	0.0	-30.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	7.8	5.8	3.0	1.6	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	70.4	-70.6	-84.0	-23.6	-30.0
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	492.2	469.8	586.6	261.2	226.9
Repayment of Borrowings	-534.6	-460.5	-490.2	-205.6	-224.5
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-1.0	-2.0	-0.7	-3.1	-2.1
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-43.4	7.2	95.8	52.5	0.2
Net Cash Flow During the Period	61.5	-8.4	3.1	-3.0	-47.7
Cash and Cash Equivalents at Beginning of Period	5.3	13.7	10.5	13.6	41.1
FX Difference from Revaluation	0.0	0.0	0.0	-0.0	-0.0
Cash and Cash Equivalents at End of Period	66.9	5.3	13.7	10.5	13.6

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	162.2	174.4	163.8	154.7	148.8	186.0	164.5	146.6	157.8	169.1	177.0	153.8
Revenue Deductions	2.2	2.6	1.8	1.6	1.3	2.2	0.1	1.1	1.7	1.3	1.5	1.9
Net Revenue	160.0	171.8	162.0	153.0	147.5	183.8	164.4	145.5	156.2	167.8	175.5	151.9
Cost of Goods Sold	145.9	160.1	152.3	144.6	138.3	171.3	156.0	135.8	148.3	157.8	164.0	138.5
Gross Profit	14.2	11.8	9.8	8.4	9.1	12.5	8.4	9.6	7.8	10.0	11.4	13.4
Financial Income	2.3	1.9	2.6	2.7	2.4	2.0	2.0	1.6	1.7	1.6	0.7	1.5
Financial Expenses	1.7	1.5	1.7	2.3	2.0	2.0	1.6	2.3	2.1	1.1	2.1	2.7
Interest Expense	1.6	1.4	1.7	2.0	1.5	1.5	1.6	1.7	1.8	1.0	1.7	2.7
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	6.0	5.1	4.2	2.8	3.9	5.1	3.4	3.5	3.5	5.6	5.7	5.5
General and Administrative Expenses	7.4	5.9	5.3	5.0	4.7	5.9	4.4	4.8	3.7	4.1	4.3	5.5
Operating Profit	1.4	1.2	1.2	1.1	1.0	1.4	1.1	0.7	0.2	0.8	-0.0	1.1
Other Income	0.2	0.1	0.1	0.2	0.3	1.1	0.1	0.7	0.0	0.1	0.1	0.3
Other Expenses	—	0.3	0.0	0.0	0.0	0.8	0.0	0.0	0.1	0.0	0.0	0.0
Other Profit	0.2	-0.3	0.0	0.2	0.3	0.3	0.1	0.7	-0.1	0.1	0.1	0.3
Profit Before Tax	1.6	0.9	1.2	1.3	1.3	1.7	1.2	1.4	0.1	0.8	0.0	1.4
Current Income Tax Expense	0.3	0.2	0.2	0.3	0.3	0.6	1.7	0.4	0.0	0.2	0.0	0.0
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	1.2	0.7	1.0	1.0	1.0	1.1	-0.5	1.0	0.1	0.7	0.0	1.4
Non-controlling Interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	1.2	0.7	1.0	1.0	1.0	1.1	-0.5	1.0	0.1	0.7	0.0	1.4
Earnings per Share	51.54	29.86	40.49	42.48	41.86	46.61	-21.74	40.57	2.52	27.55	0.23	58.09
Diluted EPS	51.54	29.86	40.49	42.48	41.86	46.61	-21.74	40.57	2.52	27.55	0.23	58.09

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	415.4	345.6	352.4	405.6	420.9	386.9	360.9	363.7	349.9	388.9	252.8	383.0
I. Cash and cash equivalents	32.2	22.9	14.1	9.1	16.6	5.3	7.3	4.6	10.2	13.7	5.4	8.6
1. Cash	32.2	22.9	14.1	9.1	16.6	5.3	7.3	4.6	10.2	13.7	5.4	8.6
2. Cash equivalents	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	104.4	132.0	57.0	78.0	66.0	141.6	149.6	128.6	116.6	84.0	0.0	0.7
1. Available for sale securities	—	—	—	—	—	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
3. Held to maturity investments	104.4	132.0	57.0	78.0	66.0	141.6	149.6	128.6	116.6	84.0	0.0	0.7
III. Short-term receivables	106.9	96.9	205.3	202.7	208.8	136.1	105.9	94.0	95.3	119.7	133.5	148.4
1. Short-term trade accounts receivable	97.5	84.2	87.5	80.2	88.5	103.5	96.3	86.9	78.0	91.6	103.9	88.8
2. Short-term prepayments to suppliers	3.4	5.4	5.1	0.7	0.9	1.6	2.2	0.5	0.5	0.5	1.8	0.6
3. Short-term inter-company receivables	—	—	—	—	—	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
5. Short-term loan receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	6.0	7.2	112.7	121.7	119.4	31.0	7.5	6.5	16.7	27.6	27.8	59.0
7. Provision for short-term doubtful debts (*)	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	131.7	92.8	75.5	115.2	129.1	103.3	97.3	135.9	127.5	171.0	113.5	224.8
1. Inventories	131.7	92.8	75.5	115.2	129.1	103.3	97.3	135.9	127.5	171.0	113.5	224.8
2. Provision for decline in value of inventories	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	40.1	1.1	0.5	0.6	0.5	0.6	0.7	0.7	0.4	0.6	0.5	0.5
1. Short-term prepayments	1.1	0.9	0.5	0.6	0.5	0.5	0.3	0.3	0.2	0.3	0.3	0.4
2. Value added tax to be reclaimed	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	—	0.2	—	—	—	0.1	0.4	0.4	0.2	0.2	0.2	0.2
4. Government bonds	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	39.0	—	—	—	—	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)	98.2	82.3	84.7	85.9	87.6	89.3	89.5	91.4	93.0	94.2	95.7	98.3
I. Long-term receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	—	—	—	—	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
4. Long-term inter-company receivables	—	—	—	—	—	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	0.0	0.0
6. Other long-term receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	78.2	77.9	80.3	82.6	84.3	86.6	86.5	88.5	90.9	92.1	92.2	95.4
1. Tangible fixed assets	78.2	77.9	80.3	82.6	84.3	86.6	86.5	88.5	90.9	92.1	92.2	95.4
- Cost	301.9	—	—	—	—	298.2	295.7	295.3	295.3	294.0	291.1	291.1
- Accumulated depreciation	-223.7	—	—	—	—	-211.6	-209.2	-206.8	-204.4	-201.9	-198.9	-195.8
2. Financial leased fixed assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	0.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	16.8	1.0	0.7	0.7	0.5	0.5	0.6	0.5	0.4	0.5	1.7	1.0
1. Long-term production in progress	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	16.8	1.0	0.7	0.7	0.5	0.5	0.6	0.5	0.4	0.5	1.7	1.0
V. Long-term financial investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Investments in other entities	—	—	—	—	—	0.0	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
5. Held to maturity investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	3.1	3.4	3.7	2.6	2.8	2.1	2.4	2.4	1.7	1.6	1.8	1.9
1. Long-term prepayments	3.1	3.4	3.7	2.6	2.8	2.1	2.4	2.4	1.7	1.6	1.8	1.9
2. Deferred income tax assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	—	—	—	—	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
5. Goodwill	—	—	—	—	—	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	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	513.5	427.9	437.1	491.4	508.5	476.2	450.4	455.1	443.0	483.1	348.5	481.3
A. LIABILITIES (300=210+330)	263.4	178.9	188.8	244.2	260.9	229.7	205.0	209.4	195.6	236.0	102.0	234.8
I. Short -term liabilities	263.2	178.8	188.7	244.1	260.8	229.5	205.0	209.4	195.5	235.8	101.8	234.7
1. Short-term trade accounts payable	55.8	28.9	19.7	25.2	57.6	40.7	42.1	29.3	37.5	61.5	2.8	2.2
2. Short-term advances from customers	0.0	2.0	0.7	0.3	0.0	0.3	0.0	0.1	0.2	0.0	0.4	0.1
3. Taxes and other payables to state authorities	3.0	3.8	13.1	9.8	3.4	4.1	10.0	2.5	2.7	2.7	25.3	14.5
4. Payable to employees	12.5	10.3	8.6	6.5	6.7	7.8	5.4	3.9	4.2	5.0	5.5	5.3
5. Short-term acrrued expenses	0.7	0.7	1.1	0.5	0.7	0.8	0.8	0.6	0.6	0.5	0.7	1.2
6. Short-term inter-company payables	—	—	—	—	—	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
8. Short-term unearned revenue	0.4	0.1	0.3	0.2	0.5	0.2	0.4	0.7	0.5	0.4	0.3	0.2
9. Other short-term payables	0.3	0.5	1.3	1.6	1.5	0.8	2.4	3.3	0.4	0.2	0.9	1.0
10. Short-term borrowings and financial leases	189.1	131.1	142.5	198.6	189.4	173.5	142.8	167.1	148.1	164.2	64.7	209.0
11. Provision for short-term liabilities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.4	1.4	1.4	1.4	1.1	1.1	1.2	2.0	1.3	1.3	1.3	1.3
13. Price stabilization fund	—	—	—	—	—	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
II. Long-term liabilities	0.2	0.2	0.2	0.1	0.1	0.2	0.0	0.0	0.0	0.2	0.2	0.1
1. Long-term trade payables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	—	—	—	—	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
4. Inter-company payables on business capital	—	—	—	—	—	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
6. Long-term unearned revenue	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Other long-term liabilities	0.2	0.2	0.2	0.1	0.1	0.2	0.0	0.0	0.0	0.2	0.2	0.1
8. Long-term borrowings and financial leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
9. Convertible bonds	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	—	—	—	—	0.0	0.0	0.0	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
14. Provision for severance allowances	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	250.1	249.0	248.2	247.3	247.6	246.5	245.4	245.7	247.4	247.2	246.5	246.5
I. Owner's equity	250.1	249.0	248.2	247.3	247.6	246.5	245.4	245.7	247.4	247.2	246.5	246.5
1. Owner's capital	242.0	242.0	242.0	242.0	242.0	242.0	242.0	242.0	242.0	242.0	242.0	242.0
- Common stock with voting right	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00	242,000,000,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Convertible bond option	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Treasury shares	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Investment and development fund	3.2	3.2	3.2	3.2	2.6	2.6	2.6	2.6	1.9	1.9	1.9	1.9
9. Fund to support corporate restructuring	—	—	—	—	—	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
11. Undistributed earnings after tax	4.9	3.8	3.0	2.0	3.0	1.9	0.7	1.0	3.5	3.2	2.6	2.5
- Accumulated retained earning at the end of the previous period	3.7	—	—	—	2.0	0.0	0.0	0.0	3.4	0.0	0.0	0.0
- Undistributed earnings in this period	1.2	3.8	3.0	2.0	1.0	1.9	0.7	1.0	0.1	3.2	2.6	2.5
12. Reserves for investment in construction	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
14. Financial reserves	—	—	—	—	—	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
1. Subsidized not-for-profit funds	—	—	—	—	—	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
C. MINORITY'S INTEREST	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	513.5	427.9	437.1	491.4	508.5	476.2	450.4	455.1	443.0	483.1	348.5	481.3

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Profit Before Tax	1.6	0.9	1.2	1.3	1.3	1.7	1.2	1.4	0.1	0.9	0.0	1.4
Depreciation of Fixed Assets and Investment Property	2.5	2.4	2.4	2.4	2.4	2.4	2.4	2.4	2.4	3.0	3.1	3.1
Provision (Increase)/Reversal	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	-0.0	0.0	-0.0	—	0.0	-0.1	-0.0	0.0	-0.1	0.0	-0.0
Gain/Loss from Investment Activities	-1.4	-1.7	-2.1	-2.3	-1.9	-1.9	-1.7	-1.6	-1.5	-0.9	-0.7	-0.8
Interest Expense	1.6	1.4	1.7	2.1	1.5	1.5	1.6	1.7	1.8	1.0	1.7	2.7
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	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
Amortization of Goodwill	—	—	—	—	—	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
Operating Profit Before Changes in Working Capital	4.3	3.0	3.3	3.5	3.3	3.6	3.4	3.9	2.8	3.9	4.2	6.4
Increase/(Decrease) in Receivables	-8.6	2.6	-1.3	95.8	-72.6	35.4	-10.8	-16.0	33.8	13.0	15.4	32.4
Increase/(Decrease) in Inventory	-39.0	-17.3	39.7	13.9	-25.8	-6.0	38.6	-8.4	43.5	-57.5	111.4	-45.9
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-36.4	9.0	-0.7	-28.0	15.6	-6.1	21.0	-8.7	-24.3	35.6	11.5	-40.7
Increase/(Decrease) in Prepaid Expenses	-0.1	-0.0	-1.0	0.0	-0.6	0.1	-0.1	-0.8	0.1	0.1	0.2	0.1
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-1.5	-1.6	-1.6	-2.2	-1.4	-1.3	-1.5	-1.3	-1.8	-1.0	-1.7	-2.7
Corporate Income Tax Paid	-0.1	-0.6	-0.3	0.0	-0.4	-0.5	-1.3	-0.0	0.0	-0.0	0.0	0.0
Other Operating Receipts	—	—	—	—	—	0.9	0.0	-0.0	0.1	-0.1	0.1	-0.1
Other Operating Payments	—	0.0	0.0	-0.3	0.1	-0.1	0.0	-0.3	0.1	-0.0	0.0	-0.3
Net Cash Flow from Operating Activities	-81.3	-4.9	38.1	82.8	-81.6	26.1	49.3	-31.6	54.4	-6.1	141.0	-50.8
Payments for Fixed Assets and Other Long-term Assets	-2.3	-5.0	-0.1	0.0	-0.9	-4.2	-1.7	-2.5	1.3	-2.6	0.0	-0.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-101.4	-30.0	0.0	-12.0	-46.0	-47.6	-31.0	10.0	-44.6	-84.0	0.0	0.7
Receipts from Loan Repayments and Sale of Debt Instruments	90.0	101.0	21.0	-87.0	121.6	-10.0	10.0	0.0	0.0	0.0	0.0	0.0
Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	2.4	4.1	2.1	-0.5	2.2	2.9	0.5	-0.4	1.5	2.3	0.0	-0.1
Increase/(Decrease) in Term Deposits	—	—	—	—	—	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
Other Investing Receipts	—	—	—	—	—	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
Net Cash Flow from Investing Activities	-11.3	70.1	22.9	-99.5	76.9	-58.8	-22.2	7.0	-41.8	-84.4	0.0	0.3
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Repurchases	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	145.3	145.9	105.0	112.4	128.9	153.2	92.3	137.8	86.5	136.2	40.7	196.2
Repayment of Borrowings	-87.4	-157.3	-161.2	-103.1	-113.0	-122.5	-116.6	-118.9	-102.6	-36.7	-185.0	-142.6
Repayment of Finance Leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	-1.0	—	—	—	0.0	0.0	0.0	0.0	-0.7	0.0	0.0
Other Financing Receipts	—	—	—	—	—	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
Net Cash Flow from Financing Activities	58.0	-12.4	-56.1	9.2	15.9	30.7	-24.3	18.9	-16.1	98.8	-144.2	53.6
Net Cash Flow During the Period	-34.7	52.8	5.0	-7.5	11.2	-2.0	2.8	-5.6	-3.5	8.3	-3.2	3.1
Cash and Cash Equivalents at Beginning of Period	66.9	14.1	9.1	16.6	5.3	13.7	13.7	13.7	13.7	10.5	10.5	10.5
FX Difference from Revaluation	—	0.0	0.0	0.0	—	0.0	-0.1	0.0	0.0	-0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	32.2	66.9	14.1	9.1	16.6	5.3	7.3	4.6	10.2	13.7	5.4	8.6

Explore Other Stocks In The Same Sector

VNM, MCH, MSN, QNS, VHC, DBC, PAN, ANV, TID, SBT, MML, KDC, MPC, AGX, VCF, FMC, SLS, CMF, SEA, NCG, MCM, IDP, TFC, APF, ABT, NAF, IDI, ASM, ANT, SGC, OGC, LSS, BCF, HNF, OCH, CMX, VSN, CMM, DAT, CAT, KHS, CBS, BNA, SAF, AFX, HHC, CCA, LAF, THP, SPV, GCF, MLS, ACL, KTS, SPH, SJ1, VLC, DMN, CMN, TT6, VHE, HNM, SNC, PSL, C22, SPD, VNH, CAN, AAM, PRO, NSS, FCS, BLF, ATA, UXC, ICF, AGF, CAD, TS4, TCJ, NGC, HAF, AVF, JOS, APT, NDF

Need support? If you need support with content lookup or want to provide feedback about content on the website, please contact us below.

BMV

What Is Changing

Drivers of BMV's profit

Financial Highlights

Is the profit sustainable?

What is driving the margin? ●

Is capital being used efficiently?

Is capital being deployed efficiently? ▲

Balance Sheet ●

Working Capital Efficiency ●

Is financial risk significant?

Leverage & Liquidity ▼

Cash Flow ▲▲

Investment Takeaway

Statement Data

What is driving the margin?

Is capital being deployed efficiently?

Balance Sheet

Working Capital Efficiency

Leverage & Liquidity

Cash Flow