BWE
Listed Company · HOSE
Price
43,000
Latest close
03 Apr 2026
P/E
11.6x
EPS
(TTM)
3,717
ROE
(TTM)
16.7%
P/B
1.5x
BVPS
(Latest)
28,603
ROA
(TTM)
6.7%
What Is Changing
BWE no longer looks like a business simply rebounding from a weak base. Revenue posted +14.8% YoY, while net margin reached 22.59% with an additional +5.9pp improvement versus the prior year. The next question is whether current profit momentum can hold through the next cycle.
- Net Income reached a multi-period high at VND 1,026.4bn in 2025.
- Revenue increased 14.7% YoY to VND 4,542.9bn in 2025.
- Net margin improved from 16.69% in the prior period to 22.59% in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 4,542.9 | 3,959.0 | 3,525.9 | 3,483.7 | 3,115.6 |
| Growth | +15% | +12% | +1% | +12% | — |
| Net Income | 1,026.4 | 660.6 | 682.0 | 746.6 | 750.4 |
| Net Margin | 22.59% | 16.69% | 19.34% | 21.43% | 24.09% |
| 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 | 1,390.4 | 903.4 | 1,325.4 | 923.9 | 1,190.5 | 942.5 | 1,034.3 | 791.7 | 1,127.9 | 840.5 | 876.9 | 680.6 |
| Growth | +54% | -32% | +43% | -22% | +26% | -9% | +31% | -30% | +34% | -4% | +29% | — |
| Net Income | 279.3 | 280.6 | 298.0 | 162.8 | 153.0 | 191.4 | 137.9 | 179.7 | 150.7 | 178.1 | 210.5 | 140.7 |
| Net Margin | 20.09% | 31.06% | 22.48% | 17.62% | 12.85% | 20.31% | 13.33% | 22.70% | 13.36% | 21.19% | 24.01% | 20.68% |
Financial Statements
Profitability
Net margin reached 22.59% while Revenue posted +14.8% YoY.
Balance Sheet
Inventory stood at 852.7bn, liabilities at 8,859.0bn, and equity at 6,289.3bn.
Cash Flow
Operating cash flow was 745.0bn in 2024, while investing cash flow was -1,781.2bn.
Financing cash flow: 1,387.3bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
4,542.9 | 3,959.0 | 3,525.9 | 3,483.7 | 3,132.0 |
|
Revenue Deductions
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Revenue
|
4,542.9 | 3,959.0 | 3,525.9 | 3,483.7 | 3,115.6 |
|
Cost of Goods Sold
|
2,585.2 | 2,265.2 | 1,962.3 | 2,062.7 | 0.0 |
|
Gross Profit
|
1,957.7 | 1,693.8 | 1,563.6 | 1,421.1 | 1,314.8 |
|
Financial Income
|
199.4 | 132.3 | 126.3 | 104.2 | 110.2 |
|
Financial Expenses
|
463.8 | 494.0 | 394.5 | 225.7 | -79.1 |
|
Interest Expense
|
389.3 | 351.8 | 344.4 | 170.5 | -154.7 |
|
Share of Associates and Joint Ventures
|
170.5 | 43.7 | 43.4 | 18.2 | 3.3 |
|
Selling Expenses
|
415.0 | 382.3 | 370.1 | 320.2 | -324.8 |
|
General and Administrative Expenses
|
279.9 | 261.3 | 213.8 | 182.0 | -145.4 |
|
Operating Profit
|
1,168.9 | 732.2 | 754.8 | 815.6 | 878.9 |
|
Other Income
|
50.2 | 46.8 | 42.7 | 50.1 | 0.0 |
|
Other Expenses
|
37.5 | 42.4 | 35.6 | 27.6 | 0.0 |
|
Other Profit
|
12.7 | 4.5 | 7.1 | 22.6 | -20.0 |
|
Profit Before Tax
|
1,181.7 | 736.6 | 761.9 | 838.2 | 859.0 |
|
Current Income Tax Expense
|
138.7 | 69.6 | 71.3 | 92.6 | -108.5 |
|
Deferred Income Tax Expense
|
16.5 | 6.5 | 8.6 | -1.0 | 0.0 |
|
Net Income
|
1,026.4 | 660.6 | 682.0 | 746.6 | 750.4 |
|
Non-controlling Interest
|
35.4 | 21.7 | 7.5 | 3.7 | 6.6 |
|
Profit Attributable to Parent
|
991.0 | 638.9 | 674.5 | 742.8 | 743.8 |
|
Earnings per Share
|
3,740.00 | 2,411.00 | 2,902.00 | 3,196.00 | 3,251.00 |
|
Diluted EPS
|
4,506.18 | 2,905.16 | 3,496.07 | 3,850.52 | 3,855.71 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
3,794.5 | 4,473.6 | 2,705.8 | 2,786.2 | 2,718.6 |
|
I. Cash and cash equivalents
|
1,061.5 | 1,006.7 | 655.4 | 275.3 | 476.0 |
|
1. Cash
|
334.3 | 227.6 | 187.4 | 203.2 | 0.0 |
|
2. Cash equivalents
|
727.3 | 779.0 | 468.0 | 72.1 | 0.0 |
|
II. Short-term financial investments
|
352.4 | 404.5 | 264.7 | 871.9 | 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
|
352.4 | 404.5 | 264.7 | 871.9 | 0.0 |
|
III. Short-term receivables
|
1,391.6 | 1,712.0 | 780.7 | 912.1 | 910.5 |
|
1. Short-term trade accounts receivable
|
666.5 | 459.2 | 513.1 | 467.3 | 0.0 |
|
2. Short-term prepayments to suppliers
|
420.1 | 85.1 | 49.0 | 79.6 | 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
|
51.3 | 120.1 | 14.4 | 0.0 | 0.0 |
|
6. Other short-term receivables
|
305.2 | 1,091.6 | 248.2 | 407.2 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-51.5 | -44.0 | -44.0 | -42.0 | 0.0 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
852.7 | 1,233.1 | 923.2 | 713.8 | 697.7 |
|
1. Inventories
|
852.7 | 1,233.1 | 923.2 | 713.8 | 0.0 |
|
2. Provision for decline in value of inventories
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
V. Other short-term assets
|
136.2 | 117.3 | 81.8 | 13.1 | 34.7 |
|
1. Short-term prepayments
|
30.8 | 30.0 | 16.7 | 9.4 | 0.0 |
|
2. Value added tax to be reclaimed
|
105.0 | 86.8 | 62.7 | 3.4 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
0.4 | 0.4 | 2.4 | 0.3 | 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)
|
11,353.8 | 9,726.0 | 9,415.9 | 7,201.1 | 6,350.5 |
|
I. Long-term receivables
|
1,076.4 | 1,078.2 | 952.0 | 952.1 | 0.0 |
|
1. Long-term trade receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 955.6 |
|
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
|
126.9 | 128.1 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term receivables
|
949.5 | 950.1 | 952.0 | 952.1 | 0.0 |
|
7. Provision for long-term doubtful debts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
4,729.5 | 4,959.6 | 4,537.6 | 3,616.6 | 3,253.0 |
|
1. Tangible fixed assets
|
4,622.4 | 4,850.8 | 4,432.3 | 3,512.2 | 3,147.0 |
|
- Cost
|
10,737.8 | 10,322.0 | 9,306.1 | 7,724.9 | 0.0 |
|
- Accumulated depreciation
|
-6,115.4 | -5,471.3 | -4,873.7 | -4,212.7 | 0.0 |
|
2. Financial leased fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Cost
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
107.1 | 108.8 | 105.3 | 104.5 | 106.0 |
|
- Cost
|
127.8 | 126.1 | 120.3 | 117.4 | 0.0 |
|
- Accumulated depreciation
|
-20.7 | -17.3 | -15.0 | -12.9 | 0.0 |
|
III. Investment properties
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Cost
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
1,877.4 | 985.3 | 1,395.5 | 1,000.0 | 1,104.2 |
|
1. Long-term production in progress
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
1,877.4 | 985.3 | 1,395.5 | 1,000.0 | 0.0 |
|
V. Long-term financial investments
|
3,281.7 | 2,277.7 | 2,089.2 | 1,446.7 | 976.7 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
2,664.8 | 1,662.8 | 1,480.8 | 847.7 | 0.0 |
|
3. Investments in other entities
|
611.9 | 604.9 | 598.4 | 589.0 | 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
|
5.0 | 10.0 | 10.0 | 10.0 | 0.0 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
388.8 | 425.3 | 441.6 | 185.7 | 0.0 |
|
1. Long-term prepayments
|
218.2 | 190.7 | 178.6 | 182.7 | 0.0 |
|
2. Deferred income tax assets
|
0.0 | 0.0 | 0.6 | 3.0 | 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 | 61.0 |
|
5. Goodwill
|
170.6 | 234.6 | 262.4 | 0.0 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
15,148.3 | 14,199.5 | 12,121.7 | 9,987.3 | 9,069.1 |
|
A. LIABILITIES (300=210+330)
|
8,859.0 | 8,686.8 | 7,158.0 | 5,449.5 | 5,148.5 |
|
I. Short -term liabilities
|
2,972.4 | 3,397.9 | 2,384.8 | 1,989.0 | 2,007.8 |
|
1. Short-term trade accounts payable
|
396.9 | 362.6 | 452.7 | 183.7 | 197.8 |
|
2. Short-term advances from customers
|
138.4 | 241.2 | 119.6 | 122.5 | 101.8 |
|
3. Taxes and other payables to state authorities
|
96.0 | 59.7 | 59.2 | 75.9 | 0.0 |
|
4. Payable to employees
|
78.7 | 54.0 | 69.4 | 101.7 | 0.0 |
|
5. Short-term acrrued expenses
|
63.9 | 65.1 | 89.9 | 76.1 | 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
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
9. Other short-term payables
|
53.4 | 47.7 | 43.2 | 22.5 | 0.0 |
|
10. Short-term borrowings and financial leases
|
2,004.1 | 2,462.5 | 1,433.4 | 1,326.2 | 1,210.2 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 5.4 | 5.4 | 0.0 |
|
12.. Bonus and welfare fund
|
140.9 | 105.1 | 111.8 | 75.0 | 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
|
5,886.6 | 5,288.9 | 4,773.2 | 3,460.4 | 3,140.7 |
|
1. Long-term trade payables
|
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 |
|
3. Long-term acrrued expenses
|
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 |
|
5. Long-term inter-company payables
|
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 |
|
7. Other long-term liabilities
|
785.8 | 790.7 | 764.1 | 763.2 | 0.0 |
|
8. Long-term borrowings and financial leases
|
5,066.1 | 4,480.0 | 3,997.5 | 2,691.8 | 2,370.7 |
|
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
|
34.0 | 17.5 | 11.6 | 5.4 | 0.0 |
|
12. Provision for long-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Fund for technology development
|
0.7 | 0.7 | 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)
|
6,289.3 | 5,512.7 | 4,963.8 | 4,537.8 | 3,920.6 |
|
I. Owner's equity
|
6,289.3 | 5,512.7 | 4,963.8 | 4,537.8 | 0.0 |
|
1. Owner's capital
|
2,199.3 | 2,199.3 | 2,550.5 | 1,929.2 | 3,920.6 |
|
- Common stock with voting right
|
2,199.3 | 2,199.3 | 1,929.2 | 1,929.2 | 1,929.2 |
|
- Preferred stock
|
0.0 | 0.0 | 621.3 | 0.0 | 0.0 |
|
2. Share premium
|
621.3 | 621.3 | 0.0 | 621.3 | 621.3 |
|
3. Convertible bond option
|
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 |
|
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
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
1,522.4 | 1,347.7 | 1,135.1 | 888.8 | 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
|
1,537.0 | 1,070.1 | 1,018.5 | 956.7 | 600.9 |
|
- Accumulated retained earning at the end of the previous period
|
596.0 | 431.1 | 344.1 | 213.8 | 88.6 |
|
- Undistributed earnings in this period
|
941.0 | 638.9 | 674.5 | 742.8 | 512.3 |
|
12. Reserves for investment in construction
|
97.8 | 97.8 | 97.8 | 97.8 | 0.0 |
|
13. Minority's interest
|
311.4 | 176.5 | 161.7 | 44.1 | 46.8 |
|
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)
|
15,148.3 | 14,199.5 | 12,121.7 | 9,987.3 | 9,069.1 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
736.6 | 761.9 | 838.2 | 859.0 | 599.8 |
|
Depreciation of Fixed Assets and Investment Property
|
635.7 | 545.7 | 479.3 | 484.2 | 466.0 |
|
Provision (Increase)/Reversal
|
-4.5 | 2.0 | -6.3 | 0.0 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
114.6 | 35.9 | 56.4 | 0.0 | 0.0 |
|
Gain/Loss from Investment Activities
|
-173.7 | -159.9 | -120.4 | 0.0 | 0.0 |
|
Interest Expense
|
351.8 | 344.4 | 170.5 | 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 | 1.1 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
1,660.5 | 1,529.9 | 1,418.8 | 1,364.1 | 1,218.6 |
|
Increase/(Decrease) in Receivables
|
-70.2 | -14.4 | 235.4 | 0.0 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-309.9 | -202.1 | -16.1 | 0.0 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
24.2 | 269.6 | 17.9 | 0.0 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
-25.4 | -1.2 | -4.3 | 0.0 | 0.0 |
|
Changes in Trading Securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-351.6 | -324.5 | -170.4 | 0.0 | 0.0 |
|
Corporate Income Tax Paid
|
-69.3 | -102.0 | -77.5 | 0.0 | 0.0 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-113.2 | -84.9 | -100.5 | 0.0 | 0.0 |
|
Net Cash Flow from Operating Activities
|
745.0 | 1,070.4 | 1,303.2 | 892.2 | 1,146.1 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-639.1 | -956.3 | -825.2 | -770.1 | -1,732.3 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
1.3 | 1.2 | 1.8 | 0.0 | 0.6 |
|
Loans and Purchases of Debt Instruments
|
-444.4 | -159.5 | -744.8 | -407.7 | -284.1 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
70.8 | 752.3 | 472.6 | 144.6 | 196.8 |
|
Investments in Other Entities
|
-894.2 | -979.0 | -653.4 | -142.1 | -101.4 |
|
Proceeds from Investments in Other Entities
|
0.0 | 0.0 | 8.3 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
124.4 | 129.7 | 90.4 | 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
|
-1,781.2 | -1,211.6 | -1,650.3 | -1,080.9 | -1,883.8 |
|
Proceeds from Equity Issuance and Capital Contributions
|
0.0 | 74.8 | 0.0 | 93.2 | 997.3 |
|
Share Repurchases
|
0.0 | 0.0 | -0.1 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
5,284.8 | 3,289.0 | 2,364.6 | 1,941.1 | 2,408.8 |
|
Repayment of Borrowings
|
-3,887.8 | -2,585.0 | -1,981.9 | -1,872.6 | -1,865.1 |
|
Repayment of Finance Leases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
-9.6 | -256.0 | -236.3 | -225.0 | -150.0 |
|
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
|
1,387.3 | 522.8 | 146.3 | -63.3 | 1,391.0 |
|
Net Cash Flow During the Period
|
351.2 | 381.6 | -200.8 | 151.1 | 534.9 |
|
Cash and Cash Equivalents at Beginning of Period
|
655.4 | 275.3 | 476.0 | 728.0 | 74.7 |
|
FX Difference from Revaluation
|
0.1 | -1.5 | 0.0 | -0.0 | -0.0 |
|
Cash and Cash Equivalents at End of Period
|
1,006.7 | 655.4 | 275.3 | 476.0 | 728.0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
1,390.4 | 903.4 | 1,325.4 | 923.9 | 1,190.5 | 942.5 | 1,034.3 | 791.7 | 1,127.9 | 840.5 | 876.9 | 680.6 |
|
Revenue Deductions
|
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 Revenue
|
1,390.4 | 903.4 | 1,325.4 | 923.9 | 1,190.5 | 942.5 | 1,034.3 | 791.7 | 1,127.9 | 840.5 | 876.9 | 680.6 |
|
Cost of Goods Sold
|
873.9 | 401.1 | 816.8 | 492.7 | 695.4 | 547.8 | 623.1 | 399.5 | 648.6 | 473.7 | 494.3 | 348.0 |
|
Gross Profit
|
516.4 | 502.3 | 508.6 | 431.2 | 495.1 | 394.6 | 411.2 | 392.2 | 479.3 | 366.8 | 382.6 | 332.7 |
|
Financial Income
|
-24.9 | 116.5 | 54.4 | 53.4 | 15.6 | 52.7 | 40.2 | 23.1 | 19.4 | 44.0 | 17.1 | 46.0 |
|
Financial Expenses
|
96.1 | 118.0 | 126.8 | 122.9 | 193.0 | 79.0 | 137.4 | 84.6 | 174.3 | 85.6 | 61.4 | 73.2 |
|
Interest Expense
|
98.0 | 101.7 | 107.8 | 81.7 | 111.4 | 70.4 | 65.4 | 81.5 | 128.9 | 85.6 | 56.6 | 73.2 |
|
Share of Associates and Joint Ventures
|
98.2 | -3.0 | 77.2 | -9.0 | 25.5 | 14.5 | -5.2 | 6.6 | 21.8 | 10.3 | 28.3 | -20.6 |
|
Selling Expenses
|
104.5 | 95.8 | 118.9 | 95.8 | 101.7 | 100.2 | 94.5 | 85.9 | 103.6 | 89.1 | 90.1 | 87.3 |
|
General and Administrative Expenses
|
76.2 | 62.1 | 72.4 | 68.9 | 73.0 | 71.1 | 62.4 | 54.7 | 73.1 | 53.2 | 46.9 | 39.1 |
|
Operating Profit
|
313.0 | 340.0 | 322.0 | 188.1 | 168.6 | 211.5 | 152.0 | 196.7 | 169.6 | 193.1 | 229.6 | 158.5 |
|
Other Income
|
9.8 | 8.1 | 19.5 | 12.7 | 12.1 | 9.0 | 14.1 | 11.6 | 12.9 | 9.0 | 11.8 | 9.0 |
|
Other Expenses
|
12.5 | 5.8 | 8.9 | 9.9 | 8.9 | 6.8 | 10.7 | 10.1 | 10.2 | 7.3 | 7.7 | 8.9 |
|
Other Profit
|
-2.6 | 2.2 | 10.6 | 2.8 | 3.1 | 2.2 | 3.4 | 1.5 | 2.6 | 1.8 | 4.2 | 0.1 |
|
Profit Before Tax
|
310.3 | 342.2 | 332.6 | 190.9 | 171.7 | 213.6 | 155.4 | 198.2 | 172.2 | 194.9 | 233.8 | 158.5 |
|
Current Income Tax Expense
|
28.3 | 48.4 | 35.9 | 26.4 | 18.2 | 20.9 | 16.0 | 16.3 | 18.4 | 15.3 | 21.2 | 17.0 |
|
Deferred Income Tax Expense
|
2.7 | 13.3 | -1.3 | 1.8 | 0.5 | 1.3 | 1.5 | 2.2 | 3.2 | 1.6 | 2.1 | 0.8 |
|
Net Income
|
279.3 | 280.6 | 298.0 | 162.8 | 153.0 | 191.4 | 137.9 | 179.7 | 150.7 | 178.1 | 210.5 | 140.7 |
|
Non-controlling Interest
|
1.9 | 16.2 | 2.6 | 15.2 | 7.9 | 9.3 | 4.3 | 0.5 | 5.9 | 1.1 | 1.0 | -0.0 |
|
Profit Attributable to Parent
|
277.4 | 264.4 | 295.4 | 147.6 | 145.1 | 182.1 | 133.6 | 179.2 | 144.8 | 177.0 | 209.5 | 140.8 |
|
Earnings per Share
|
1,047.00 | 998.00 | 1,115.00 | 557.00 | 547.00 | 687.00 | 557.00 | 771.00 | 623.00 | 761.00 | 901.00 | 606.00 |
|
Diluted EPS
|
1,261.46 | 1,202.07 | 1,343.37 | 670.97 | 659.53 | 827.95 | 607.30 | 928.77 | 750.60 | 917.34 | 1,086.07 | 729.71 |
| 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)
|
3,862.9 | 3,786.9 | 4,311.4 | 4,270.4 | 4,473.0 | 3,025.9 | 2,819.2 | 2,613.3 | 2,710.0 | 2,424.4 | 2,305.5 | 2,615.0 |
|
I. Cash and cash equivalents
|
1,061.5 | 1,024.4 | 1,096.3 | 1,486.5 | 1,006.7 | 488.0 | 609.6 | 496.8 | 655.4 | 241.6 | 143.0 | 306.3 |
|
1. Cash
|
334.3 | 389.2 | 398.1 | 250.5 | 227.7 | 195.0 | 134.6 | 155.8 | 187.4 | 141.9 | 136.7 | 91.0 |
|
2. Cash equivalents
|
727.3 | 635.1 | 698.1 | 1,236.0 | 779.0 | 293.0 | 475.0 | 341.0 | 468.0 | 99.7 | 6.3 | 215.3 |
|
II. Short-term financial investments
|
352.4 | 370.6 | 456.3 | 433.0 | 404.5 | 279.6 | 225.6 | 254.7 | 264.7 | 259.2 | 331.2 | 397.8 |
|
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
|
352.4 | 370.6 | 456.3 | 433.0 | 404.5 | 279.6 | 225.6 | 254.7 | 264.7 | 259.2 | 331.2 | 397.8 |
|
III. Short-term receivables
|
1,462.7 | 1,152.8 | 1,483.7 | 984.0 | 1,729.5 | 850.7 | 677.5 | 694.4 | 785.0 | 798.1 | 935.5 | 1,077.6 |
|
1. Short-term trade accounts receivable
|
666.5 | 474.4 | 379.0 | 389.7 | 459.1 | 395.0 | 357.0 | 381.5 | 514.1 | 355.3 | 438.5 | 394.8 |
|
2. Short-term prepayments to suppliers
|
491.2 | 355.2 | 132.8 | 122.0 | 85.1 | 49.3 | 47.6 | 54.1 | 50.2 | 94.8 | 108.3 | 76.7 |
|
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
|
51.3 | 51.1 | 162.8 | 115.4 | 120.1 | 101.9 | 14.4 | 14.4 | 14.4 | 0.0 | 17.0 | 5.0 |
|
6. Other short-term receivables
|
305.2 | 316.0 | 853.0 | 400.9 | 1,109.1 | 348.2 | 302.9 | 288.3 | 249.4 | 390.6 | 413.7 | 643.1 |
|
7. Provision for short-term doubtful debts (*)
|
-51.5 | -43.9 | -43.9 | -44.0 | -43.9 | -43.8 | -44.3 | -44.0 | -43.1 | -42.7 | -42.0 | -42.0 |
|
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
|
850.0 | 1,103.9 | 1,124.3 | 1,237.9 | 1,214.9 | 1,310.1 | 1,208.7 | 1,080.6 | 923.4 | 1,070.7 | 841.6 | 819.4 |
|
1. Inventories
|
850.0 | 1,103.9 | 1,124.3 | 1,237.9 | 1,214.9 | 1,310.1 | 1,208.7 | 1,080.6 | 923.4 | 1,070.7 | 841.6 | 819.4 |
|
2. Provision for decline in value of inventories
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
V. Other short-term assets
|
136.2 | 135.3 | 150.8 | 128.8 | 117.3 | 97.4 | 97.7 | 86.8 | 81.5 | 54.8 | 54.2 | 13.9 |
|
1. Short-term prepayments
|
30.9 | 27.6 | 31.4 | 25.5 | 30.0 | 21.3 | 28.6 | 18.2 | 16.7 | 14.6 | 14.5 | 11.3 |
|
2. Value added tax to be reclaimed
|
105.0 | 107.4 | 119.1 | 102.8 | 86.8 | 75.8 | 68.7 | 64.5 | 62.7 | 38.9 | 38.3 | 1.9 |
|
3. Taxes and other receivables from state authorities
|
0.4 | 0.3 | 0.3 | 0.5 | 0.4 | 0.3 | 0.4 | 4.1 | 2.1 | 1.3 | 1.4 | 0.7 |
|
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)
|
11,287.4 | 11,120.6 | 10,981.3 | 10,740.9 | 9,728.4 | 9,556.9 | 9,319.1 | 9,366.9 | 9,398.1 | 8,910.7 | 8,747.7 | 7,386.7 |
|
I. Long-term receivables
|
1,076.4 | 1,076.7 | 1,077.0 | 1,085.9 | 1,078.2 | 1,078.4 | 902.8 | 952.0 | 952.0 | 952.0 | 952.0 | 952.1 |
|
1. Long-term trade 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 |
|
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
|
126.9 | 127.2 | 127.5 | 135.8 | 128.1 | 128.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term receivables
|
949.5 | 949.5 | 949.5 | 950.1 | 950.1 | 950.1 | 902.8 | 952.0 | 952.0 | 952.0 | 952.0 | 952.1 |
|
7. Provision for long-term doubtful 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 |
|
II. Fixed assets
|
4,548.7 | 4,565.5 | 4,741.1 | 4,835.4 | 4,964.7 | 4,451.8 | 4,424.2 | 4,422.7 | 4,364.5 | 4,104.7 | 4,172.4 | 3,499.0 |
|
1. Tangible fixed assets
|
4,441.6 | 4,458.4 | 4,633.7 | 4,727.4 | 4,856.2 | 4,345.2 | 4,319.4 | 4,317.9 | 4,259.4 | 3,999.2 | 4,066.9 | 3,394.8 |
|
- Cost
|
10,556.5 | 10,425.2 | 10,396.9 | 10,358.0 | 10,331.7 | 9,668.2 | 9,491.6 | 9,337.6 | 9,134.4 | 8,755.7 | 8,647.7 | 7,742.5 |
|
- Accumulated depreciation
|
-6,114.9 | -5,966.8 | -5,763.2 | -5,630.6 | -5,475.6 | -5,323.0 | -5,172.2 | -5,019.7 | -4,875.0 | -4,756.5 | -4,580.8 | -4,347.7 |
|
2. Financial leased 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 |
|
- Cost
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
107.1 | 107.2 | 107.4 | 108.0 | 108.6 | 106.6 | 104.8 | 104.8 | 105.1 | 105.6 | 105.5 | 104.2 |
|
- Cost
|
127.8 | 126.9 | 126.5 | 126.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-20.7 | -19.8 | -19.0 | -18.2 | 0.0 | 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 | 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 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
1,993.3 | 1,921.6 | 1,591.2 | 1,336.5 | 982.7 | 1,401.1 | 1,443.6 | 1,453.6 | 1,558.7 | 1,409.3 | 1,338.2 | 1,074.7 |
|
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
|
1,993.3 | 1,921.6 | 1,591.2 | 1,336.5 | 982.7 | 1,401.1 | 1,443.6 | 1,453.6 | 1,558.7 | 1,409.3 | 1,338.2 | 1,074.7 |
|
V. Long-term financial investments
|
3,282.1 | 3,166.5 | 3,133.6 | 3,062.8 | 2,277.5 | 2,208.6 | 2,118.7 | 2,108.3 | 2,081.2 | 1,991.3 | 1,917.1 | 1,679.8 |
|
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
|
2,665.2 | 2,555.9 | 2,518.0 | 2,447.2 | 1,662.7 | 1,599.0 | 1,509.1 | 1,499.9 | 1,472.8 | 1,382.8 | 1,308.7 | 1,080.8 |
|
3. Investments in other entities
|
611.9 | 605.6 | 605.6 | 605.6 | 604.9 | 599.6 | 599.6 | 598.4 | 598.4 | 598.4 | 598.4 | 589.0 |
|
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
|
5.0 | 5.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 | 10.0 |
|
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
|
386.9 | 390.3 | 438.4 | 420.3 | 425.2 | 417.0 | 429.8 | 174.8 | 179.2 | 181.1 | 180.0 | 181.1 |
|
1. Long-term prepayments
|
216.3 | 214.0 | 207.5 | 192.6 | 190.6 | 175.5 | 181.3 | 174.8 | 178.6 | 178.0 | 177.2 | 177.9 |
|
2. Deferred income tax assets
|
0.0 | 0.0 | 8.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.6 | 3.0 | 2.8 | 3.2 |
|
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
|
170.6 | 176.3 | 222.8 | 227.7 | 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 | 234.6 | 241.5 | 248.5 | 255.4 | 262.4 | 272.3 | 188.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
15,150.3 | 14,907.5 | 15,292.7 | 15,011.2 | 14,201.4 | 12,582.8 | 12,138.3 | 11,980.3 | 12,108.1 | 11,335.1 | 11,053.2 | 10,001.7 |
|
A. LIABILITIES (300=210+330)
|
8,859.6 | 8,907.8 | 9,706.4 | 9,722.0 | 8,685.2 | 7,223.8 | 6,967.0 | 6,952.2 | 7,150.7 | 6,528.1 | 6,441.4 | 5,700.5 |
|
I. Short -term liabilities
|
2,973.1 | 3,117.5 | 3,575.4 | 3,576.7 | 3,397.2 | 2,640.2 | 2,290.0 | 2,151.1 | 2,378.6 | 2,320.2 | 2,284.9 | 2,364.9 |
|
1. Short-term trade accounts payable
|
395.0 | 417.3 | 429.3 | 455.0 | 362.7 | 425.1 | 435.5 | 477.7 | 454.2 | 406.5 | 232.9 | 152.7 |
|
2. Short-term advances from customers
|
138.4 | 134.5 | 260.6 | 275.8 | 241.2 | 196.1 | 131.6 | 142.5 | 120.7 | 133.9 | 139.6 | 148.1 |
|
3. Taxes and other payables to state authorities
|
96.5 | 86.1 | 85.0 | 48.7 | 61.6 | 55.5 | 46.4 | 39.3 | 59.3 | 39.8 | 45.1 | 33.1 |
|
4. Payable to employees
|
78.5 | 63.6 | 59.6 | 30.4 | 54.0 | 52.1 | 7.3 | 20.2 | 69.4 | 20.3 | 18.2 | 17.0 |
|
5. Short-term acrrued expenses
|
63.5 | 83.5 | 69.5 | 77.7 | 61.6 | 36.7 | 47.7 | 77.2 | 81.0 | 75.4 | 63.5 | 99.2 |
|
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
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
9. Other short-term payables
|
56.1 | 55.9 | 396.5 | 346.1 | 48.4 | 46.4 | 57.8 | 57.5 | 43.2 | 37.1 | 33.3 | 277.7 |
|
10. Short-term borrowings and financial leases
|
2,004.1 | 2,116.7 | 2,105.7 | 2,168.2 | 2,462.5 | 1,722.8 | 1,447.5 | 1,201.2 | 1,433.4 | 1,482.2 | 1,614.6 | 1,486.4 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.4 | 5.4 | 5.4 | 5.4 | 5.4 |
|
12.. Bonus and welfare fund
|
140.9 | 159.9 | 169.1 | 174.8 | 105.1 | 105.6 | 116.2 | 130.1 | 111.8 | 119.7 | 132.3 | 145.2 |
|
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
|
5,886.6 | 5,790.3 | 6,131.0 | 6,145.3 | 5,288.0 | 4,583.6 | 4,677.0 | 4,801.1 | 4,772.2 | 4,207.9 | 4,156.5 | 3,335.7 |
|
1. Long-term trade 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 |
|
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 | 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 | 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
|
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. Other long-term liabilities
|
785.8 | 784.8 | 783.4 | 783.3 | 790.7 | 782.9 | 782.7 | 764.8 | 764.1 | 764.3 | 763.9 | 763.6 |
|
8. Long-term borrowings and financial leases
|
5,066.1 | 4,973.5 | 5,320.8 | 5,342.0 | 4,480.1 | 3,784.7 | 3,879.5 | 4,023.1 | 3,997.5 | 3,433.8 | 3,384.6 | 2,565.6 |
|
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
|
34.0 | 31.2 | 26.0 | 19.3 | 16.6 | 16.0 | 14.7 | 13.2 | 10.5 | 9.8 | 8.0 | 6.4 |
|
12. Provision for long-term liabilities
|
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. Fund for technology development
|
0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 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)
|
6,290.7 | 5,999.7 | 5,586.3 | 5,289.2 | 5,516.2 | 5,359.0 | 5,171.3 | 5,028.1 | 4,957.4 | 4,806.9 | 4,611.8 | 4,301.1 |
|
I. Owner's equity
|
6,290.7 | 5,999.7 | 5,586.3 | 5,289.2 | 5,516.2 | 5,359.0 | 5,171.3 | 5,028.1 | 4,957.4 | 4,806.9 | 4,611.8 | 4,301.1 |
|
1. Owner's capital
|
2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 1,929.2 | 1,929.2 | 1,929.2 | 1,929.2 | 1,929.2 |
|
- Common stock with voting right
|
2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 2,199.3 | 1,929.2 | 1,929.2 | 1,929.2 | 1,929.2 | 1,929.2 |
|
- 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
|
621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 | 621.3 |
|
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
|
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. 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
|
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. Investment and development fund
|
1,522.4 | 1,522.4 | 1,543.2 | 1,538.9 | 1,347.7 | 1,347.7 | 1,347.7 | 1,347.7 | 1,135.1 | 1,135.1 | 1,135.1 | 1,135.1 |
|
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
|
1,537.9 | 1,258.6 | 926.4 | 640.0 | 1,073.2 | 928.1 | 743.9 | 880.4 | 1,015.6 | 870.5 | 691.3 | 481.0 |
|
- Accumulated retained earning at the end of the previous period
|
596.0 | 544.1 | 483.4 | 492.4 | 431.1 | 431.1 | 431.1 | 701.2 | 344.1 | 343.8 | 341.0 | 340.2 |
|
- Undistributed earnings in this period
|
941.9 | 714.5 | 443.0 | 147.6 | 642.0 | 497.0 | 312.7 | 179.2 | 671.6 | 526.8 | 350.3 | 140.8 |
|
12. Reserves for investment in construction
|
97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 | 97.8 |
|
13. Minority's interest
|
311.9 | 300.2 | 198.3 | 191.8 | 176.9 | 164.7 | 161.3 | 151.7 | 158.3 | 152.9 | 137.0 | 36.6 |
|
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)
|
15,150.3 | 14,907.5 | 15,292.7 | 15,011.2 | 14,201.4 | 12,582.8 | 12,138.3 | 11,980.3 | 12,108.1 | 11,335.1 | 11,053.2 | 10,001.7 |
| 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
|
310.3 | 342.2 | 340.0 | 190.9 | 171.7 | 213.6 | 157.6 | 198.2 | 175.2 | 194.9 | 233.2 | 158.5 |
|
Depreciation of Fixed Assets and Investment Property
|
155.4 | 157.1 | 158.4 | 167.4 | 160.3 | 158.3 | 162.0 | 155.6 | 130.9 | 150.0 | 129.4 | 135.4 |
|
Provision (Increase)/Reversal
|
7.6 | 0.0 | -0.2 | 0.0 | 0.6 | 0.0 | -5.2 | 0.0 | 1.4 | 0.6 | 0.0 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
-1.6 | 4.4 | 21.9 | 30.5 | 50.9 | -7.5 | 71.2 | 0.0 | 33.1 | 0.0 | 2.8 | 0.0 |
|
Gain/Loss from Investment Activities
|
-73.6 | -113.5 | -147.9 | -44.0 | -40.0 | -67.2 | -37.9 | -27.8 | -43.1 | -54.2 | -44.1 | -18.5 |
|
Interest Expense
|
98.0 | 101.7 | 107.8 | 81.7 | 111.4 | 70.4 | 65.4 | 81.5 | 129.0 | 85.6 | 56.6 | 73.2 |
|
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
|
496.2 | 491.9 | 480.0 | 426.5 | 454.8 | 367.7 | 413.2 | 407.4 | 426.4 | 377.0 | 378.0 | 348.5 |
|
Increase/(Decrease) in Receivables
|
-328.7 | -75.2 | -358.7 | -35.6 | -81.6 | -176.5 | 76.3 | 93.4 | -89.0 | 83.4 | -0.6 | -8.2 |
|
Increase/(Decrease) in Inventory
|
253.8 | -226.7 | 113.6 | -4.8 | 95.2 | -101.4 | -128.1 | -157.4 | 147.5 | -228.7 | -15.3 | -105.6 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
2.3 | 285.6 | -6.0 | 99.7 | -2.4 | 76.5 | -35.3 | -13.6 | 103.6 | 152.8 | 67.9 | -54.7 |
|
Increase/(Decrease) in Prepaid Expenses
|
-5.6 | -3.1 | -20.7 | 2.6 | -23.9 | 13.1 | -16.8 | 2.2 | -2.6 | -0.4 | -1.0 | 2.9 |
|
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
|
-117.6 | -79.0 | -116.5 | -73.9 | -67.0 | -85.0 | -88.9 | -91.3 | -87.6 | -88.9 | -75.1 | -72.9 |
|
Corporate Income Tax Paid
|
-41.8 | -21.3 | -21.7 | -23.8 | -18.4 | -13.4 | -12.9 | -24.6 | -14.7 | -19.5 | -15.1 | -52.7 |
|
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
|
-19.0 | -6.0 | -13.1 | -30.8 | 0.3 | -10.7 | -13.9 | -88.9 | -7.9 | -12.8 | -12.9 | -51.2 |
|
Net Cash Flow from Operating Activities
|
239.7 | 366.3 | 57.0 | 359.9 | 357.0 | 70.4 | 193.6 | 127.3 | 475.6 | 262.8 | 325.9 | 6.1 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-185.5 | -532.1 | -260.7 | -386.0 | -292.2 | -110.7 | -141.5 | -97.8 | -531.3 | -114.4 | -213.8 | -96.8 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
0.4 | 0.1 | 12.1 | 1.2 | 0.0 | 0.0 | 1.2 | 0.2 | 0.0 | 0.8 | 0.4 | 0.0 |
|
Loans and Purchases of Debt Instruments
|
-74.4 | -5.0 | -182.2 | -69.5 | -146.2 | -287.3 | -0.9 | -10.0 | -69.9 | 8.7 | 50.0 | -148.3 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
92.7 | 25.0 | 102.9 | 38.0 | 3.3 | 17.5 | 30.0 | 20.0 | 50.0 | 68.3 | 16.6 | 617.4 |
|
Investments in Other Entities
|
-17.4 | -32.5 | -78.4 | -29.2 | -803.8 | -69.2 | -10.2 | -11.1 | -21.3 | -101.9 | -453.0 | -402.8 |
|
Proceeds from Investments in Other Entities
|
0.0 | 58.5 | 310.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
-11.6 | 68.6 | 70.0 | 28.2 | 16.5 | 69.7 | 18.7 | 19.6 | 28.2 | 44.8 | 35.4 | 21.3 |
|
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
|
-195.8 | -417.3 | -26.0 | -417.3 | -1,222.4 | -380.0 | -102.8 | -79.1 | -544.3 | -93.8 | -564.3 | -9.2 |
|
Proceeds from Equity Issuance and Capital Contributions
|
11.7 | 12.9 | 5.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.6 | 16.6 | 57.6 | 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 | 0.0 |
|
Proceeds from Borrowings
|
964.9 | 539.7 | 1,404.9 | 1,312.0 | 2,792.6 | 680.5 | 1,312.4 | 499.3 | 1,408.2 | 615.9 | 657.4 | 607.4 |
|
Repayment of Borrowings
|
-983.3 | -573.4 | -1,534.0 | -774.8 | -1,408.4 | -492.4 | -1,280.9 | -706.0 | -926.2 | -703.0 | -382.4 | -573.3 |
|
Repayment of Finance Leases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
0.0 | -0.0 | -297.4 | 0.0 | 0.0 | -0.0 | -9.6 | 0.0 | 0.0 | 0.0 | -256.0 | 0.0 |
|
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
|
-6.7 | -20.9 | -421.4 | 537.2 | 1,384.1 | 188.0 | 21.9 | -206.7 | 482.5 | -70.5 | 76.6 | 34.1 |
|
Net Cash Flow During the Period
|
37.2 | -71.9 | -390.3 | 479.9 | 518.7 | -121.6 | 112.7 | -158.5 | 413.8 | 98.6 | -161.9 | 31.0 |
|
Cash and Cash Equivalents at Beginning of Period
|
1,024.4 | 1,096.3 | 1,486.5 | 1,006.7 | 655.4 | 655.4 | 655.4 | 655.4 | 275.3 | 275.3 | 275.3 | 275.3 |
|
FX Difference from Revaluation
|
0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 | 0.1 | 0.0 | -0.1 | 0.0 | -1.4 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
1,061.5 | 1,024.4 | 1,096.3 | 1,486.5 | 1,006.7 | 488.0 | 609.6 | 496.8 | 655.4 | 241.6 | 143.0 | 306.3 |
Related Research
Related research will appear here.
Need support? If you need support with content lookup or want to provide feedback about content on the website, please contact us below.