GEX
Listed Company · HOSE
Price
35,300
Latest close
03 Apr 2026
P/E
20.4x
EPS
(TTM)
1,730
ROE
(TTM)
5.8%
P/B
1.1x
BVPS
(Latest)
33,438
ROA
(TTM)
2.4%
What Is Changing
GEX no longer looks like a business simply rebounding from a weak base. Revenue posted +17.1% YoY, while net margin reached 7.48% with an additional -0.4pp 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 2,956.1bn in 2025.
- Revenue growth accelerated to 17.1% in 2025, up 4.6pp versus the prior year.
- Net margin declined from 7.91% in the prior period to 7.48% in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 39,512.5 | 33,752.3 | 29,997.8 | 32,088.8 | 28,584.7 |
| Growth | +17% | +13% | -7% | +12% | — |
| Net Income | 2,956.1 | 2,669.3 | 863.9 | 1,531.8 | 1,666.5 |
| Net Margin | 7.48% | 7.91% | 2.88% | 4.77% | 5.83% |
| 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 | 11,642.4 | 9,841.1 | 10,130.6 | 7,916.4 | 10,142.4 | 8,708.6 | 8,250.5 | 6,660.0 | 8,105.2 | 7,487.2 | 7,995.7 | 6,410.0 |
| Growth | +18% | -3% | +28% | -22% | +16% | +6% | +24% | -18% | +8% | -6% | +25% | — |
| Net Income | 595.7 | 781.3 | 1,205.1 | 436.5 | 1,013.8 | 297.1 | 1,103.7 | 253.5 | -79.6 | 258.2 | 651.8 | 34.3 |
| Net Margin | 5.12% | 7.94% | 11.90% | 5.51% | 10.00% | 3.41% | 13.38% | 3.81% | -0.98% | 3.45% | 8.15% | 0.54% |
Financial Statements
Profitability
Net margin reached 7.48% while Revenue posted +17.1% YoY.
Balance Sheet
Inventory stood at 14,455.0bn, liabilities at 43,419.0bn, and equity at 30,173.6bn.
Cash Flow
Operating cash flow was 2,509.2bn in 2024, while investing cash flow was -966.6bn.
Financing cash flow: -786.9bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
39,908.2 | 34,060.2 | 30,296.4 | 32,262.7 | 28,794.0 |
|
Revenue Deductions
|
395.6 | 307.9 | 298.6 | 174.0 | 0.0 |
|
Net Revenue
|
39,512.5 | 33,752.3 | 29,997.8 | 32,088.8 | 28,584.7 |
|
Cost of Goods Sold
|
31,096.0 | 26,990.1 | 24,489.1 | 25,630.7 | 0.0 |
|
Gross Profit
|
8,416.5 | 6,762.2 | 5,508.7 | 6,458.0 | 4,380.8 |
|
Financial Income
|
1,257.0 | 1,500.3 | 449.7 | 731.2 | 1,157.5 |
|
Financial Expenses
|
1,770.0 | 1,689.9 | 1,888.9 | 2,266.1 | -1,575.4 |
|
Interest Expense
|
1,197.9 | 1,077.0 | 1,379.0 | 1,363.2 | -1,110.3 |
|
Share of Associates and Joint Ventures
|
131.9 | 37.0 | 60.8 | 36.0 | 227.4 |
|
Selling Expenses
|
1,428.3 | 1,278.6 | 1,140.7 | 1,290.0 | -894.0 |
|
General and Administrative Expenses
|
2,067.8 | 1,750.3 | 1,574.5 | 1,668.2 | -1,285.6 |
|
Operating Profit
|
4,539.3 | 3,580.6 | 1,415.1 | 2,001.1 | 2,010.6 |
|
Other Income
|
155.8 | 152.4 | 84.1 | 135.9 | 0.0 |
|
Other Expenses
|
74.1 | 120.2 | 102.3 | 56.5 | 0.0 |
|
Other Profit
|
81.7 | 32.2 | -18.2 | 79.5 | 43.8 |
|
Profit Before Tax
|
4,621.0 | 3,612.8 | 1,397.0 | 2,080.6 | 2,054.4 |
|
Current Income Tax Expense
|
1,588.7 | 953.3 | 617.0 | 540.5 | -387.9 |
|
Deferred Income Tax Expense
|
76.2 | -9.8 | -83.9 | 8.3 | 0.0 |
|
Net Income
|
2,956.1 | 2,669.3 | 863.9 | 1,531.8 | 1,666.5 |
|
Non-controlling Interest
|
1,478.2 | 1,038.0 | 533.5 | 1,162.8 | 622.8 |
|
Profit Attributable to Parent
|
1,477.9 | 1,631.3 | 330.4 | 368.9 | 1,043.7 |
|
Earnings per Share
|
1,638.00 | 1,910.00 | 388.00 | 433.00 | 1,899.00 |
|
Diluted EPS
|
1,637.74 | 1,898.12 | 387.97 | 433.26 | 1,225.78 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
39,414.1 | 22,828.9 | 20,299.0 | 19,800.3 | 29,868.9 |
|
I. Cash and cash equivalents
|
8,659.5 | 4,074.2 | 3,312.7 | 3,156.3 | 4,781.5 |
|
1. Cash
|
3,300.1 | 2,033.5 | 2,303.5 | 1,928.3 | 0.0 |
|
2. Cash equivalents
|
5,359.5 | 2,040.7 | 1,009.2 | 1,228.0 | 0.0 |
|
II. Short-term financial investments
|
9,967.2 | 5,042.7 | 4,123.4 | 2,520.7 | 0.0 |
|
1. Available for sale securities
|
7,425.6 | 4,547.6 | 3,385.2 | 2,171.4 | 0.0 |
|
2. Provision for diminution in value of available for sale securities (*)
|
-137.2 | -24.0 | -31.2 | -2.5 | 0.0 |
|
3. Held to maturity investments
|
2,678.7 | 519.0 | 769.4 | 351.9 | 0.0 |
|
III. Short-term receivables
|
4,996.9 | 4,037.2 | 3,464.4 | 4,184.5 | 5,032.1 |
|
1. Short-term trade accounts receivable
|
2,494.6 | 2,335.8 | 2,705.9 | 2,745.4 | 0.0 |
|
2. Short-term prepayments to suppliers
|
1,296.3 | 1,211.9 | 562.3 | 1,147.7 | 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
|
550.0 | 115.1 | 4.5 | 14.8 | 0.0 |
|
6. Other short-term receivables
|
1,213.0 | 865.4 | 725.5 | 836.6 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-556.9 | -491.0 | -533.8 | -560.1 | 0.0 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
14,455.0 | 8,684.6 | 8,323.6 | 9,110.7 | 11,604.8 |
|
1. Inventories
|
14,701.1 | 8,879.3 | 8,588.3 | 9,281.3 | 0.0 |
|
2. Provision for decline in value of inventories
|
-246.1 | -194.7 | -264.7 | -170.6 | 0.0 |
|
V. Other short-term assets
|
1,335.5 | 990.2 | 1,075.0 | 828.1 | 926.1 |
|
1. Short-term prepayments
|
79.1 | 69.0 | 73.8 | 87.2 | 0.0 |
|
2. Value added tax to be reclaimed
|
1,225.1 | 873.3 | 905.1 | 698.8 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
31.3 | 47.9 | 96.1 | 42.1 | 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)
|
34,178.5 | 30,953.4 | 34,777.8 | 32,584.5 | 31,312.8 |
|
I. Long-term receivables
|
2,246.3 | 1,409.1 | 799.0 | 335.2 | 0.0 |
|
1. Long-term trade receivables
|
9.4 | 10.4 | 7.2 | 0.0 | 310.6 |
|
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
|
998.6 | 1,105.1 | 521.5 | 15.0 | 0.0 |
|
6. Other long-term receivables
|
1,319.3 | 293.6 | 270.3 | 320.2 | 0.0 |
|
7. Provision for long-term doubtful debts
|
-81.1 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
13,017.1 | 13,872.0 | 18,799.4 | 16,954.1 | 17,239.8 |
|
1. Tangible fixed assets
|
12,100.6 | 12,977.2 | 17,863.3 | 16,030.9 | 16,254.0 |
|
- Cost
|
25,607.0 | 24,646.5 | 29,446.4 | 26,272.9 | 0.0 |
|
- Accumulated depreciation
|
-13,506.5 | -11,669.3 | -11,583.1 | -10,242.0 | 0.0 |
|
2. Financial leased fixed assets
|
274.2 | 288.1 | 309.1 | 262.7 | 276.0 |
|
- Cost
|
284.6 | 335.8 | 349.5 | 290.2 | 0.0 |
|
- Accumulated depreciation
|
-10.3 | -47.7 | -40.4 | -27.5 | 0.0 |
|
3. Intangible fixed assets
|
642.3 | 606.7 | 627.1 | 660.5 | 709.8 |
|
- Cost
|
1,010.4 | 832.8 | 814.3 | 810.3 | 0.0 |
|
- Accumulated depreciation
|
-368.1 | -226.2 | -187.2 | -149.8 | 0.0 |
|
III. Investment properties
|
3,307.7 | 2,516.2 | 2,585.0 | 2,626.7 | 2,532.6 |
|
- Cost
|
15,893.7 | 13,989.1 | 12,764.2 | 10,416.6 | 0.0 |
|
- Accumulated depreciation
|
-12,585.9 | -11,472.9 | -10,179.3 | -7,789.9 | 0.0 |
|
IV. Long-term assets in progress
|
9,979.4 | 7,928.8 | 7,325.9 | 8,072.0 | 6,495.5 |
|
1. Long-term production in progress
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
9,979.4 | 7,928.8 | 7,325.9 | 8,072.0 | 0.0 |
|
V. Long-term financial investments
|
3,209.9 | 2,989.8 | 2,658.1 | 1,818.2 | 1,783.0 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
2,947.2 | 2,855.8 | 2,518.9 | 1,685.9 | 0.0 |
|
3. Investments in other entities
|
328.7 | 133.4 | 138.7 | 133.4 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
-69.1 | -1.2 | -1.2 | -1.2 | 0.0 |
|
5. Held to maturity investments
|
3.1 | 1.8 | 1.8 | 0.1 | 0.0 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
2,418.1 | 2,237.7 | 2,610.4 | 2,778.4 | 0.0 |
|
1. Long-term prepayments
|
1,238.4 | 1,014.0 | 1,211.0 | 1,268.1 | 0.0 |
|
2. Deferred income tax assets
|
215.6 | 160.9 | 128.3 | 31.0 | 0.0 |
|
3. Long-term equipment, supplies, spare parts
|
4.8 | 4.8 | 5.3 | 5.8 | 0.0 |
|
4. Other long-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 2,951.2 |
|
5. Goodwill
|
959.3 | 1,058.0 | 1,265.7 | 1,473.5 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
73,592.6 | 53,782.3 | 55,076.9 | 52,384.8 | 61,181.7 |
|
A. LIABILITIES (300=210+330)
|
43,419.0 | 30,524.4 | 33,853.1 | 31,341.5 | 40,679.5 |
|
I. Short -term liabilities
|
21,795.3 | 16,997.4 | 18,591.0 | 17,276.0 | 22,735.6 |
|
1. Short-term trade accounts payable
|
3,144.8 | 3,151.5 | 2,197.0 | 3,315.6 | 3,684.4 |
|
2. Short-term advances from customers
|
2,025.8 | 2,212.8 | 1,818.6 | 2,628.9 | 3,736.1 |
|
3. Taxes and other payables to state authorities
|
1,275.1 | 660.7 | 509.0 | 318.1 | 0.0 |
|
4. Payable to employees
|
634.2 | 487.3 | 444.4 | 473.6 | 0.0 |
|
5. Short-term acrrued expenses
|
1,470.0 | 1,254.3 | 1,150.7 | 1,157.6 | 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
|
186.1 | 56.7 | 50.9 | 47.8 | 85.2 |
|
9. Other short-term payables
|
515.6 | 555.3 | 2,215.6 | 1,809.4 | 0.0 |
|
10. Short-term borrowings and financial leases
|
12,168.4 | 8,239.1 | 9,858.4 | 7,195.9 | 8,149.0 |
|
11. Provision for short-term liabilities
|
87.6 | 112.0 | 97.6 | 107.2 | 0.0 |
|
12.. Bonus and welfare fund
|
287.7 | 267.6 | 248.8 | 221.8 | 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
|
21,623.7 | 13,527.0 | 15,262.2 | 14,065.4 | 17,943.9 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 122.9 | 9.3 | 9.3 |
|
2. Long-term advances from customers
|
0.0 | 214.5 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
204.2 | 251.0 | 338.8 | 188.4 | 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
|
3,219.5 | 3,095.0 | 3,099.9 | 2,757.2 | 2,780.0 |
|
7. Other long-term liabilities
|
129.1 | 84.0 | 64.0 | 66.2 | 0.0 |
|
8. Long-term borrowings and financial leases
|
16,668.4 | 8,306.6 | 10,131.9 | 9,645.9 | 13,973.1 |
|
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
|
760.4 | 630.6 | 607.8 | 594.4 | 0.0 |
|
12. Provision for long-term liabilities
|
277.4 | 515.6 | 489.8 | 481.8 | 0.0 |
|
13. Fund for technology development
|
364.7 | 429.5 | 407.0 | 322.2 | 0.0 |
|
14. Provision for severance allowances
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
30,173.6 | 23,258.0 | 21,223.8 | 21,043.4 | 20,502.2 |
|
I. Owner's equity
|
30,136.5 | 23,219.0 | 21,179.2 | 20,996.1 | 0.0 |
|
1. Owner's capital
|
9,024.0 | 8,594.3 | 8,515.0 | 8,515.0 | 20,452.0 |
|
- Common stock with voting right
|
9,024.0 | 8,594.3 | 8,515.0 | 8,515.0 | 8,515.0 |
|
- Preferred stock
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
662.9 | 663.0 | 663.2 | 663.2 | 663.2 |
|
3. Convertible bond option
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
77.4 | 77.4 | 77.4 | 77.4 | 77.4 |
|
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
|
23.1 | 14.6 | 4.1 | -2.1 | 0.0 |
|
8. Investment and development fund
|
728.1 | 655.6 | 431.8 | 230.0 | 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
|
7,263.8 | 3,952.2 | 2,616.3 | 2,546.2 | 2,628.9 |
|
- Accumulated retained earning at the end of the previous period
|
2,955.0 | 2,320.9 | 2,286.0 | 2,177.3 | 1,585.2 |
|
- Undistributed earnings in this period
|
4,308.9 | 1,631.3 | 330.4 | 368.9 | 1,043.7 |
|
12. Reserves for investment in construction
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
12,357.3 | 9,261.9 | 8,871.4 | 8,966.3 | 8,461.4 |
|
14. Financial reserves
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
37.1 | 39.0 | 44.6 | 47.3 | 50.2 |
|
1. Subsidized not-for-profit funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Funds invested in fixed assets
|
37.1 | 39.0 | 44.6 | 47.3 | 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)
|
73,592.6 | 53,782.3 | 55,076.9 | 52,384.8 | 61,181.7 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
3,612.8 | 1,397.0 | 2,080.6 | 2,054.4 | 1,186.7 |
|
Depreciation of Fixed Assets and Investment Property
|
2,934.9 | 4,197.2 | 3,601.0 | 2,319.0 | 666.8 |
|
Provision (Increase)/Reversal
|
-21.3 | 94.9 | 74.6 | 0.0 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
5.2 | 41.5 | 47.7 | 0.0 | 0.0 |
|
Gain/Loss from Investment Activities
|
-1,246.3 | -248.9 | -535.6 | 0.0 | 0.0 |
|
Interest Expense
|
1,100.7 | 1,416.7 | 1,425.7 | 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
|
40.0 | 100.0 | 118.5 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
6,426.0 | 6,998.4 | 6,812.4 | 4,756.7 | 2,065.1 |
|
Increase/(Decrease) in Receivables
|
-507.5 | 416.4 | 739.3 | 0.0 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-344.0 | 693.5 | 2,384.5 | 0.0 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
26.5 | -616.4 | -4,825.4 | 0.0 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
58.3 | 70.4 | 15.1 | 0.0 | 0.0 |
|
Changes in Trading Securities
|
-1,162.4 | -1,213.9 | 4,882.2 | 0.0 | 0.0 |
|
Interest Paid
|
-1,091.7 | -1,391.3 | -1,428.5 | 0.0 | 0.0 |
|
Corporate Income Tax Paid
|
-783.3 | -440.3 | -533.7 | 0.0 | 0.0 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-112.5 | -90.9 | -128.7 | 0.0 | 0.0 |
|
Net Cash Flow from Operating Activities
|
2,509.2 | 4,425.9 | 7,917.2 | -2,511.7 | 467.5 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-3,835.1 | -5,327.0 | -4,086.5 | -7,847.3 | -1,967.7 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
2.6 | 5.3 | 66.5 | 6.5 | 9.4 |
|
Loans and Purchases of Debt Instruments
|
-1,288.1 | -1,242.8 | -1,302.1 | -632.4 | -95.5 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
1,312.2 | 327.4 | 1,273.5 | 426.8 | 117.1 |
|
Investments in Other Entities
|
-340.1 | -1,275.7 | -150.0 | 542.3 | -3,304.0 |
|
Proceeds from Investments in Other Entities
|
2,934.8 | 0.0 | 519.9 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
247.2 | 588.9 | 546.1 | 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
|
-966.6 | -6,923.9 | -3,132.6 | -5,900.5 | -3,036.5 |
|
Proceeds from Equity Issuance and Capital Contributions
|
84.0 | 309.0 | 208.1 | 5,267.5 | 148.1 |
|
Share Repurchases
|
0.0 | 0.0 | 0.0 | 0.0 | -300.0 |
|
Proceeds from Borrowings
|
26,855.7 | 22,283.9 | 19,654.2 | 32,174.9 | 20,903.3 |
|
Repayment of Borrowings
|
-27,136.3 | -19,090.3 | -24,982.3 | -25,382.1 | -17,487.0 |
|
Repayment of Finance Leases
|
-68.6 | -59.8 | -12.8 | -75.7 | 0.0 |
|
Dividends Paid
|
-521.8 | -792.7 | -1,400.0 | -350.0 | -54.7 |
|
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
|
-786.9 | 2,650.0 | -6,532.8 | 11,634.4 | 3,209.8 |
|
Net Cash Flow During the Period
|
755.7 | 152.0 | -1,748.2 | 1,447.7 | -860.4 |
|
Cash and Cash Equivalents at Beginning of Period
|
3,312.7 | 3,156.3 | 4,906.1 | 1,559.2 | 921.0 |
|
FX Difference from Revaluation
|
5.8 | 4.4 | -1.7 | 0.0 | -0.0 |
|
Cash and Cash Equivalents at End of Period
|
4,074.2 | 3,312.7 | 3,156.3 | 4,781.5 | 1,561.8 |
| 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
|
11,764.5 | 9,970.1 | 10,200.4 | 7,983.3 | 10,246.7 | 8,856.4 | 8,319.7 | 6,705.4 | 8,176.5 | 7,523.3 | 8,032.0 | 6,437.8 |
|
Revenue Deductions
|
122.0 | 128.9 | 69.8 | 67.0 | 104.3 | 147.8 | 69.2 | 45.4 | 71.4 | 36.1 | 36.3 | 27.8 |
|
Net Revenue
|
11,642.4 | 9,841.1 | 10,130.6 | 7,916.4 | 10,142.4 | 8,708.6 | 8,250.5 | 6,660.0 | 8,105.2 | 7,487.2 | 7,995.7 | 6,410.0 |
|
Cost of Goods Sold
|
8,981.9 | 8,009.5 | 7,797.0 | 6,318.1 | 7,732.5 | 7,048.4 | 6,752.5 | 5,460.4 | 6,946.2 | 6,092.5 | 6,308.1 | 5,141.3 |
|
Gross Profit
|
2,660.6 | 1,831.6 | 2,333.6 | 1,598.2 | 2,409.9 | 1,660.2 | 1,498.0 | 1,199.6 | 1,159.0 | 1,394.7 | 1,687.6 | 1,268.7 |
|
Financial Income
|
63.6 | 756.1 | 346.8 | 89.7 | 214.6 | 30.9 | 1,085.9 | 165.3 | 68.2 | 196.9 | 105.9 | 79.2 |
|
Financial Expenses
|
671.9 | 426.8 | 331.7 | 336.2 | 377.3 | 400.4 | 494.5 | 418.1 | 415.4 | 533.8 | 331.9 | 608.1 |
|
Interest Expense
|
342.7 | 323.6 | 272.2 | 244.6 | 256.8 | 244.8 | 273.2 | 302.5 | 326.3 | 358.8 | 350.1 | 343.8 |
|
Share of Associates and Joint Ventures
|
100.8 | 38.3 | 3.5 | -4.3 | 74.5 | -26.9 | -3.8 | -8.6 | 12.9 | 1.0 | 39.6 | 7.4 |
|
Selling Expenses
|
404.7 | 384.3 | 374.4 | 264.9 | 422.2 | 305.4 | 316.1 | 230.9 | 311.2 | 293.5 | 298.2 | 237.0 |
|
General and Administrative Expenses
|
560.9 | 567.1 | 453.0 | 425.2 | 601.7 | 442.8 | 391.3 | 327.6 | 520.6 | 375.5 | 315.5 | 364.1 |
|
Operating Profit
|
1,187.5 | 1,247.8 | 1,524.8 | 657.2 | 1,297.8 | 515.6 | 1,378.1 | 379.8 | -7.1 | 389.8 | 887.6 | 146.0 |
|
Other Income
|
85.1 | 30.5 | 35.6 | 3.5 | 106.4 | 13.7 | 19.8 | 27.0 | 52.4 | 16.6 | 2.2 | 13.0 |
|
Other Expenses
|
26.0 | 25.7 | 7.9 | 15.2 | 58.1 | 27.6 | 12.9 | 21.8 | 35.3 | 32.3 | 19.5 | 15.1 |
|
Other Profit
|
59.1 | 4.8 | 27.8 | -11.7 | 48.4 | -13.9 | 6.9 | 5.2 | 17.1 | -15.7 | -17.3 | -2.1 |
|
Profit Before Tax
|
1,246.6 | 1,252.6 | 1,552.5 | 645.5 | 1,346.2 | 501.6 | 1,385.0 | 385.0 | 9.9 | 374.0 | 870.4 | 143.8 |
|
Current Income Tax Expense
|
622.8 | 464.9 | 309.1 | 220.7 | 310.5 | 217.7 | 290.0 | 138.6 | 112.1 | 179.2 | 210.6 | 115.4 |
|
Deferred Income Tax Expense
|
28.1 | 6.5 | 38.3 | -11.7 | 21.9 | -13.2 | -8.7 | -7.0 | -22.6 | -63.4 | 8.0 | -5.9 |
|
Net Income
|
595.7 | 781.3 | 1,205.1 | 436.5 | 1,013.8 | 297.1 | 1,103.7 | 253.5 | -79.6 | 258.2 | 651.8 | 34.3 |
|
Non-controlling Interest
|
579.1 | 159.3 | 539.7 | 202.7 | 446.5 | 198.3 | 254.2 | 144.9 | -59.7 | 136.2 | 330.7 | 126.6 |
|
Profit Attributable to Parent
|
16.6 | 621.9 | 665.4 | 233.7 | 567.3 | 98.9 | 849.5 | 108.5 | -19.9 | 122.0 | 321.1 | -92.3 |
|
Earnings per Share
|
18.00 | 689.00 | 751.00 | 272.00 | 664.00 | 116.00 | 998.00 | 127.00 | -23.00 | 143.00 | 377.00 | -108.00 |
|
Diluted EPS
|
18.40 | 689.20 | 737.32 | 271.97 | 660.04 | 115.03 | 997.62 | 127.48 | -23.33 | 143.31 | 377.14 | -108.38 |
| 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)
|
39,391.8 | 31,982.8 | 26,575.0 | 25,588.2 | 22,912.0 | 23,343.4 | 22,464.3 | 19,474.6 | 20,260.8 | 20,591.0 | 19,878.0 | 20,196.2 |
|
I. Cash and cash equivalents
|
8,659.5 | 4,682.2 | 3,817.2 | 4,254.1 | 4,073.9 | 2,706.3 | 4,321.8 | 3,212.1 | 3,315.8 | 3,895.5 | 3,644.3 | 4,065.8 |
|
1. Cash
|
3,297.7 | 2,811.9 | 2,887.2 | 2,045.1 | 2,040.5 | 1,632.3 | 3,626.0 | 2,415.1 | 2,303.5 | 2,262.7 | 1,424.6 | 2,834.2 |
|
2. Cash equivalents
|
5,361.8 | 1,870.3 | 930.0 | 2,209.0 | 2,033.5 | 1,074.0 | 695.8 | 797.0 | 1,012.3 | 1,632.8 | 2,219.7 | 1,231.5 |
|
II. Short-term financial investments
|
9,968.6 | 7,877.9 | 6,988.5 | 5,958.5 | 5,049.7 | 5,449.8 | 3,939.3 | 3,186.2 | 4,120.2 | 2,812.2 | 3,225.1 | 2,422.5 |
|
1. Available for sale securities
|
7,224.5 | 6,608.0 | 5,012.3 | 4,813.5 | 4,547.6 | 4,994.0 | 3,208.4 | 2,455.7 | 3,385.2 | 2,096.0 | 2,423.8 | 2,362.7 |
|
2. Provision for diminution in value of available for sale securities (*)
|
-137.2 | -53.0 | -21.5 | -41.2 | -24.0 | -46.7 | -13.7 | -9.8 | -31.2 | -48.0 | -49.8 | -147.2 |
|
3. Held to maturity investments
|
2,881.2 | 1,322.8 | 1,997.8 | 1,186.2 | 526.0 | 502.4 | 744.6 | 740.2 | 766.2 | 764.3 | 851.1 | 207.0 |
|
III. Short-term receivables
|
4,971.8 | 8,227.0 | 4,424.7 | 4,795.7 | 4,118.3 | 4,611.4 | 3,760.5 | 3,673.3 | 3,425.2 | 4,442.6 | 3,883.1 | 4,345.3 |
|
1. Short-term trade accounts receivable
|
2,374.0 | 2,598.6 | 2,509.5 | 2,712.6 | 2,349.3 | 2,509.9 | 2,296.7 | 2,733.4 | 2,704.7 | 3,473.7 | 3,030.0 | 2,953.6 |
|
2. Short-term prepayments to suppliers
|
1,383.2 | 1,649.0 | 1,386.6 | 1,786.7 | 1,214.2 | 1,049.7 | 802.9 | 656.1 | 561.1 | 873.1 | 792.3 | 1,200.4 |
|
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
|
550.0 | 550.0 | 113.0 | 93.0 | 175.1 | 540.4 | 553.0 | 4.5 | 4.5 | 19.7 | 19.7 | 9.7 |
|
6. Other short-term receivables
|
1,208.4 | 4,011.8 | 954.9 | 719.1 | 870.7 | 994.6 | 592.1 | 811.7 | 688.7 | 596.0 | 558.8 | 741.2 |
|
7. Provision for short-term doubtful debts (*)
|
-543.8 | -582.3 | -539.2 | -515.7 | -491.0 | -483.2 | -484.3 | -532.4 | -533.8 | -519.9 | -517.6 | -559.7 |
|
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
|
14,456.1 | 9,929.6 | 10,115.9 | 9,489.9 | 8,679.5 | 9,356.4 | 9,289.7 | 8,358.0 | 8,324.6 | 8,488.9 | 8,230.8 | 8,410.3 |
|
1. Inventories
|
14,702.3 | 10,172.6 | 10,379.9 | 9,678.2 | 8,874.3 | 9,555.6 | 9,467.9 | 8,593.7 | 8,589.3 | 8,666.6 | 8,411.3 | 8,577.8 |
|
2. Provision for decline in value of inventories
|
-246.1 | -243.0 | -264.0 | -188.2 | -194.7 | -199.2 | -178.2 | -235.8 | -264.7 | -177.6 | -180.5 | -167.5 |
|
V. Other short-term assets
|
1,335.7 | 1,266.0 | 1,228.7 | 1,089.9 | 990.6 | 1,219.5 | 1,153.0 | 1,045.1 | 1,075.0 | 951.8 | 894.7 | 952.4 |
|
1. Short-term prepayments
|
78.4 | 101.4 | 145.0 | 86.3 | 69.6 | 160.9 | 120.8 | 118.3 | 73.8 | 97.1 | 124.5 | 154.8 |
|
2. Value added tax to be reclaimed
|
1,225.8 | 1,114.5 | 1,027.0 | 921.0 | 872.4 | 1,010.3 | 964.7 | 872.1 | 905.0 | 784.5 | 727.3 | 737.1 |
|
3. Taxes and other receivables from state authorities
|
31.5 | 50.1 | 56.6 | 82.6 | 48.5 | 48.3 | 67.5 | 54.6 | 96.2 | 70.2 | 43.0 | 60.5 |
|
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)
|
34,165.3 | 33,268.3 | 32,686.2 | 30,929.5 | 30,891.4 | 30,273.6 | 29,978.6 | 34,418.7 | 34,815.3 | 33,692.8 | 32,530.2 | 32,422.4 |
|
I. Long-term receivables
|
2,007.2 | 2,101.1 | 2,166.5 | 1,535.7 | 1,347.1 | 1,308.2 | 1,222.7 | 824.5 | 811.5 | 758.6 | 711.0 | 375.2 |
|
1. Long-term trade receivables
|
9.4 | 12.1 | 6.7 | 9.4 | 10.7 | 21.2 | 10.7 | 7.2 | 7.2 | 7.2 | 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
|
998.6 | 1,003.6 | 1,050.8 | 1,082.9 | 1,045.1 | 997.2 | 922.3 | 547.2 | 521.5 | 417.4 | 432.7 | 45.0 |
|
6. Other long-term receivables
|
1,089.7 | 1,166.5 | 1,197.8 | 443.3 | 291.3 | 289.8 | 289.7 | 270.1 | 282.9 | 334.0 | 278.4 | 330.2 |
|
7. Provision for long-term doubtful debts
|
-90.5 | -81.1 | -88.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
13,018.2 | 14,066.9 | 14,188.9 | 13,623.7 | 13,871.8 | 13,923.8 | 13,214.6 | 18,502.4 | 18,799.4 | 18,418.2 | 17,945.7 | 17,622.9 |
|
1. Tangible fixed assets
|
12,101.6 | 13,126.6 | 13,265.7 | 12,752.4 | 12,977.0 | 13,047.4 | 12,335.7 | 17,589.2 | 17,863.3 | 17,454.7 | 17,009.4 | 16,700.2 |
|
- Cost
|
25,608.2 | 27,217.1 | 27,046.2 | 24,737.3 | 24,646.5 | 24,514.3 | 23,509.4 | 29,558.2 | 29,445.8 | 28,652.8 | 27,946.1 | 27,325.0 |
|
- Accumulated depreciation
|
-13,506.6 | -14,090.5 | -13,780.5 | -11,984.9 | -11,669.5 | -11,466.9 | -11,173.7 | -11,969.0 | -11,582.5 | -11,198.1 | -10,936.7 | -10,624.8 |
|
2. Financial leased fixed assets
|
274.4 | 284.8 | 258.1 | 267.1 | 288.1 | 267.5 | 265.5 | 295.5 | 309.1 | 327.2 | 290.4 | 267.6 |
|
- Cost
|
284.6 | 345.8 | 306.8 | 331.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-10.2 | -61.1 | -48.7 | -64.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
642.3 | 655.5 | 665.1 | 604.2 | 606.7 | 608.8 | 613.4 | 617.6 | 627.1 | 636.4 | 645.9 | 655.1 |
|
- Cost
|
1,010.4 | 1,013.9 | 1,014.6 | 841.6 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-368.1 | -358.4 | -349.5 | -237.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
III. Investment properties
|
3,307.7 | 2,861.8 | 2,741.9 | 2,631.0 | 2,516.2 | 2,527.1 | 2,559.2 | 2,580.5 | 2,585.0 | 2,600.6 | 2,623.7 | 2,601.4 |
|
- Cost
|
15,893.7 | 15,092.4 | 14,883.0 | 14,775.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-12,585.9 | -12,230.6 | -12,141.1 | -12,144.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
9,973.7 | 8,853.7 | 8,120.9 | 7,972.0 | 7,932.4 | 7,422.3 | 7,811.3 | 7,438.1 | 7,325.8 | 6,537.3 | 6,591.7 | 7,515.3 |
|
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
|
9,973.7 | 8,853.7 | 8,120.9 | 7,972.0 | 7,932.4 | 7,422.3 | 7,811.3 | 7,438.1 | 7,325.8 | 6,537.3 | 6,591.7 | 7,515.3 |
|
V. Long-term financial investments
|
3,210.9 | 3,000.4 | 3,041.1 | 2,937.4 | 2,989.8 | 2,704.1 | 2,716.2 | 2,631.8 | 2,683.4 | 2,686.5 | 1,973.6 | 1,609.8 |
|
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
|
2,947.9 | 2,737.6 | 2,905.7 | 2,802.1 | 2,855.8 | 2,564.9 | 2,577.0 | 2,492.6 | 2,544.2 | 2,549.0 | 1,840.9 | 1,477.5 |
|
3. Investments in other entities
|
334.3 | 328.7 | 201.3 | 201.3 | 133.4 | 138.7 | 138.7 | 138.7 | 138.7 | 138.7 | 133.4 | 133.4 |
|
4. Provision for diminution in value of long-term investments
|
-73.1 | -67.7 | -67.7 | -67.7 | -1.2 | -1.2 | -1.2 | -1.2 | -1.2 | -1.2 | -1.2 | -1.2 |
|
5. Held to maturity investments
|
1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 1.8 | 0.1 | 0.6 | 0.1 |
|
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
|
2,647.5 | 2,384.3 | 2,427.0 | 2,229.8 | 2,234.1 | 2,388.1 | 2,454.6 | 1,227.7 | 1,344.5 | 1,373.8 | 1,314.9 | 1,276.2 |
|
1. Long-term prepayments
|
1,467.8 | 1,208.2 | 1,180.5 | 1,035.9 | 1,012.5 | 1,110.0 | 1,139.8 | 1,086.1 | 1,210.9 | 1,268.1 | 1,279.0 | 1,235.1 |
|
2. Deferred income tax assets
|
215.6 | 194.7 | 186.5 | 182.1 | 158.8 | 163.3 | 148.1 | 136.2 | 128.3 | 100.4 | 35.5 | 34.8 |
|
3. Long-term equipment, supplies, spare parts
|
4.8 | 4.6 | 47.7 | 4.8 | 4.8 | 4.8 | 4.8 | 5.3 | 5.3 | 5.3 | 0.4 | 6.3 |
|
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
|
959.3 | 976.9 | 1,012.3 | 1,007.0 | 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 | 1,058.0 | 1,109.9 | 1,161.9 | 1,213.8 | 1,265.7 | 1,317.7 | 1,369.6 | 1,421.6 |
|
TOTAL ASSETS (280=100+200)
|
73,557.1 | 65,251.0 | 59,261.2 | 56,517.7 | 53,803.3 | 53,617.0 | 52,442.9 | 53,893.3 | 55,076.2 | 54,283.7 | 52,408.2 | 52,618.6 |
|
A. LIABILITIES (300=210+330)
|
43,382.8 | 37,625.1 | 33,975.1 | 31,813.8 | 30,547.8 | 30,993.9 | 30,163.7 | 32,459.1 | 33,851.5 | 32,666.3 | 31,005.5 | 31,588.3 |
|
I. Short -term liabilities
|
21,724.7 | 19,952.4 | 17,877.1 | 16,737.6 | 16,995.2 | 17,467.8 | 16,766.2 | 16,756.1 | 18,716.9 | 17,471.8 | 16,243.8 | 17,234.5 |
|
1. Short-term trade accounts payable
|
3,100.8 | 3,250.2 | 3,289.6 | 2,325.9 | 3,156.5 | 2,776.8 | 2,704.6 | 2,328.3 | 2,318.8 | 2,448.7 | 2,843.5 | 2,296.2 |
|
2. Short-term advances from customers
|
2,025.8 | 1,822.6 | 1,637.6 | 1,746.0 | 2,189.2 | 1,185.5 | 1,238.2 | 1,109.5 | 1,818.6 | 1,780.4 | 2,404.0 | 2,774.0 |
|
3. Taxes and other payables to state authorities
|
1,305.0 | 1,076.0 | 752.6 | 365.2 | 664.2 | 807.8 | 544.9 | 305.2 | 509.3 | 740.2 | 671.4 | 286.1 |
|
4. Payable to employees
|
640.1 | 458.8 | 361.8 | 286.5 | 487.2 | 366.6 | 303.1 | 199.1 | 444.4 | 351.7 | 277.9 | 221.7 |
|
5. Short-term acrrued expenses
|
1,461.0 | 1,640.6 | 1,444.7 | 1,407.0 | 1,285.0 | 1,404.4 | 1,217.0 | 1,254.6 | 1,150.4 | 1,162.8 | 759.5 | 1,523.9 |
|
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
|
187.0 | 112.0 | 117.8 | 125.9 | 84.1 | 50.8 | 50.3 | 42.5 | 50.7 | 45.2 | 39.5 | 39.9 |
|
9. Other short-term payables
|
466.6 | 1,256.5 | 527.7 | 418.7 | 535.7 | 596.0 | 1,061.7 | 1,887.7 | 2,215.0 | 2,306.9 | 1,433.6 | 1,397.0 |
|
10. Short-term borrowings and financial leases
|
12,164.4 | 9,895.3 | 9,313.7 | 9,671.4 | 8,213.8 | 9,876.1 | 9,189.1 | 9,278.0 | 9,862.9 | 8,254.3 | 7,430.3 | 8,365.7 |
|
11. Provision for short-term liabilities
|
86.3 | 142.1 | 125.1 | 120.4 | 112.0 | 105.7 | 127.8 | 117.5 | 97.9 | 113.1 | 105.2 | 132.0 |
|
12.. Bonus and welfare fund
|
287.7 | 298.2 | 306.5 | 270.8 | 267.6 | 298.0 | 329.6 | 233.7 | 248.8 | 268.4 | 278.9 | 198.0 |
|
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
|
21,658.2 | 17,672.7 | 16,097.9 | 15,076.1 | 13,552.6 | 13,526.1 | 13,397.5 | 15,703.0 | 15,134.6 | 15,194.6 | 14,761.7 | 14,353.8 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13.3 | 17.8 | 77.9 | 0.0 | 0.1 | 9.3 | 9.3 |
|
2. Long-term advances from customers
|
0.0 | 85.6 | 124.2 | 214.5 | 214.5 | 308.0 | 210.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
204.2 | 174.7 | 226.7 | 249.9 | 251.0 | 442.4 | 395.7 | 338.8 | 338.8 | 154.2 | 154.1 | 188.4 |
|
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
|
3,219.5 | 3,276.0 | 3,236.0 | 3,122.9 | 3,095.0 | 3,108.0 | 3,064.3 | 2,957.3 | 3,099.8 | 2,992.9 | 2,711.3 | 2,735.1 |
|
7. Other long-term liabilities
|
173.1 | 83.4 | 100.3 | 89.3 | 84.0 | 62.0 | 69.5 | 67.1 | 64.0 | 77.9 | 73.2 | 82.1 |
|
8. Long-term borrowings and financial leases
|
16,672.4 | 12,422.1 | 10,804.8 | 9,820.5 | 8,331.8 | 8,070.5 | 8,138.6 | 10,769.9 | 10,127.3 | 10,580.1 | 10,411.2 | 9,947.0 |
|
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
|
745.5 | 699.0 | 665.3 | 640.1 | 630.6 | 613.2 | 611.9 | 608.8 | 607.8 | 601.2 | 601.1 | 592.3 |
|
12. Provision for long-term liabilities
|
278.8 | 565.0 | 567.3 | 513.6 | 516.0 | 513.5 | 489.6 | 479.4 | 489.9 | 477.4 | 486.0 | 478.4 |
|
13. Fund for technology development
|
364.7 | 366.9 | 373.2 | 425.3 | 429.5 | 395.3 | 399.2 | 403.8 | 407.0 | 310.9 | 315.5 | 321.4 |
|
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)
|
30,174.4 | 27,626.0 | 25,286.2 | 24,703.9 | 23,255.5 | 22,623.1 | 22,279.2 | 21,434.3 | 21,224.6 | 21,617.4 | 21,402.8 | 21,030.3 |
|
I. Owner's equity
|
30,137.4 | 27,588.4 | 25,248.1 | 24,665.4 | 23,216.5 | 22,581.4 | 22,237.0 | 21,390.4 | 21,180.1 | 21,572.2 | 21,356.8 | 20,983.7 |
|
1. Owner's capital
|
9,024.0 | 9,024.0 | 9,024.0 | 8,594.3 | 8,594.3 | 8,594.3 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 |
|
- Common stock with voting right
|
9,024.0 | 9,024.0 | 9,024.0 | 8,594.3 | 8,594.3 | 8,594.3 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 | 8,515.0 |
|
- 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
|
662.9 | 662.9 | 662.9 | 663.0 | 663.0 | 663.0 | 663.2 | 663.2 | 663.2 | 663.2 | 663.2 | 663.2 |
|
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
|
77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 | 77.4 |
|
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
|
23.1 | 24.5 | 24.2 | 20.6 | 14.6 | 6.6 | 18.0 | 7.5 | 4.1 | 11.4 | -2.4 | -4.6 |
|
8. Investment and development fund
|
728.1 | 728.1 | 726.9 | 655.8 | 655.6 | 655.6 | 655.4 | 432.8 | 431.8 | 431.8 | 431.8 | 231.8 |
|
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
|
7,263.6 | 5,616.5 | 4,095.0 | 4,342.0 | 3,944.9 | 3,390.0 | 3,294.6 | 2,719.7 | 2,617.0 | 2,629.4 | 2,520.2 | 2,449.5 |
|
- Accumulated retained earning at the end of the previous period
|
6,510.0 | 4,825.8 | 3,195.9 | 4,108.3 | 2,320.9 | 2,333.2 | 2,336.6 | 2,611.2 | 2,286.0 | 2,278.5 | 2,291.4 | 2,541.8 |
|
- Undistributed earnings in this period
|
753.5 | 790.6 | 899.1 | 233.7 | 1,624.1 | 1,056.8 | 958.0 | 108.5 | 331.0 | 350.9 | 228.9 | -92.3 |
|
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
|
12,358.4 | 11,455.1 | 10,637.7 | 10,312.3 | 9,266.7 | 9,194.5 | 9,013.5 | 8,974.8 | 8,871.6 | 9,244.0 | 9,151.7 | 9,051.3 |
|
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
|
37.1 | 37.5 | 38.0 | 38.5 | 39.0 | 41.7 | 42.1 | 43.9 | 44.6 | 45.2 | 45.9 | 46.6 |
|
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
|
37.1 | 37.5 | 38.0 | 38.5 | 39.0 | 41.7 | 42.1 | 43.9 | 44.6 | 45.2 | 45.9 | 46.6 |
|
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)
|
73,557.3 | 65,251.0 | 59,261.2 | 56,517.7 | 53,803.3 | 53,617.0 | 52,442.9 | 53,893.3 | 55,076.2 | 54,283.7 | 52,408.2 | 52,618.6 |
| 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
|
1,192.9 | 1,252.6 | 1,545.0 | 645.5 | 1,346.2 | 501.6 | 1,383.1 | 385.0 | 8.8 | 374.0 | 870.4 | 143.8 |
|
Depreciation of Fixed Assets and Investment Property
|
963.4 | 619.7 | 784.9 | 1,044.0 | 715.5 | 537.6 | 683.7 | 1,001.8 | 756.2 | 1,054.7 | 1,243.7 | 1,142.5 |
|
Provision (Increase)/Reversal
|
-291.3 | 59.3 | 150.4 | -28.4 | -9.9 | 50.7 | -19.4 | -42.2 | 81.0 | -3.2 | -145.5 | 162.5 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
-1.0 | -1.2 | -1.2 | 0.6 | 7.6 | -2.1 | -38.7 | 34.7 | -26.9 | 64.0 | 7.9 | -3.4 |
|
Gain/Loss from Investment Activities
|
-59.1 | -139.4 | -184.6 | -42.7 | -225.5 | 52.1 | -1,031.7 | -38.1 | -84.3 | 6.0 | -109.5 | -61.1 |
|
Interest Expense
|
347.5 | 328.2 | 277.2 | 249.4 | 262.4 | 250.8 | 278.9 | 308.6 | 335.9 | 365.1 | 359.8 | 355.8 |
|
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 | -46.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
2,152.4 | 2,119.3 | 2,524.9 | 1,868.4 | 2,096.3 | 1,390.7 | 1,255.8 | 1,649.8 | 1,170.8 | 1,860.6 | 2,226.8 | 1,740.2 |
|
Increase/(Decrease) in Receivables
|
3,693.0 | -3,495.6 | -91.5 | -950.8 | 200.5 | -861.9 | 180.9 | -149.8 | 889.0 | -744.6 | 478.3 | -206.3 |
|
Increase/(Decrease) in Inventory
|
-572.0 | 249.9 | -443.5 | -407.7 | 627.9 | -87.7 | -873.7 | -5.4 | 78.3 | -260.2 | 172.4 | 703.1 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
497.3 | 357.3 | 760.3 | -632.4 | 1,027.3 | 320.7 | -312.6 | -1,228.2 | -332.3 | 593.2 | 262.1 | -1,139.5 |
|
Increase/(Decrease) in Prepaid Expenses
|
-237.9 | 0.5 | -184.5 | -32.3 | 182.3 | -10.3 | -193.3 | 80.4 | 80.4 | 38.3 | -13.5 | -34.7 |
|
Changes in Trading Securities
|
-616.5 | -1,595.7 | -198.8 | -265.9 | 446.4 | -1,785.7 | -752.6 | 929.5 | -1,289.3 | 327.9 | -61.2 | -191.3 |
|
Interest Paid
|
-354.4 | -274.5 | -265.8 | -218.3 | -279.4 | -232.0 | -292.7 | -288.1 | -341.2 | -344.5 | -366.9 | -338.8 |
|
Corporate Income Tax Paid
|
-236.5 | -172.4 | -7.9 | -523.6 | -371.8 | -48.3 | -31.5 | -340.6 | -97.6 | -169.2 | 28.2 | -201.7 |
|
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
|
-23.1 | -14.6 | -26.4 | -32.8 | 3.8 | -35.6 | -12.1 | -28.7 | -25.0 | -15.1 | -19.6 | -31.3 |
|
Net Cash Flow from Operating Activities
|
4,302.4 | -2,825.9 | 2,066.9 | -1,195.4 | 3,933.5 | -1,350.2 | -1,031.9 | 618.9 | 133.1 | 1,286.5 | 2,706.6 | 299.7 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-1,803.7 | -1,237.1 | -1,302.3 | -1,441.8 | -1,136.9 | -1,177.1 | -544.8 | -809.0 | -1,420.8 | -1,446.0 | -1,263.8 | -1,196.4 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
8.2 | 2.9 | 10.5 | 0.4 | 0.1 | 0.9 | 0.4 | 1.1 | 2.0 | 0.0 | 3.0 | 0.3 |
|
Loans and Purchases of Debt Instruments
|
-3,401.6 | -1,001.1 | -1,763.0 | -154.8 | -1,699.9 | 839.6 | -1,091.6 | -28.6 | -704.0 | 605.0 | -1,096.4 | -47.4 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
1,865.4 | 1,211.6 | 22.6 | 466.6 | 1,976.8 | -485.1 | 675.5 | 32.0 | 608.4 | -502.4 | 54.2 | 167.3 |
|
Investments in Other Entities
|
-2,709.8 | 87.1 | 466.4 | -960.8 | -282.2 | -58.0 | 0.0 | 0.0 | -14.2 | -736.0 | -470.7 | -54.7 |
|
Proceeds from Investments in Other Entities
|
2,331.0 | 2,584.3 | -52.6 | 405.9 | 152.0 | -78.8 | 2,843.7 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
113.0 | 184.7 | 43.6 | 98.8 | 111.4 | 11.5 | 49.3 | 73.2 | 33.7 | 37.0 | 232.8 | 285.4 |
|
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
|
-3,597.7 | 1,832.4 | -2,574.8 | -1,585.6 | -878.7 | -946.9 | 1,932.6 | -731.3 | -1,495.0 | -2,042.5 | -2,540.9 | -845.5 |
|
Proceeds from Equity Issuance and Capital Contributions
|
-95.4 | 32.9 | 171.5 | 49.8 | 3.5 | 79.1 | 0.0 | 1.5 | 2.0 | 113.8 | 189.2 | 3.9 |
|
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
|
11,829.0 | 8,796.0 | 9,073.7 | 8,747.4 | 7,018.9 | 6,822.8 | 5,881.0 | 7,099.2 | 6,732.3 | 5,146.7 | 4,954.0 | 5,450.9 |
|
Repayment of Borrowings
|
-7,196.1 | -6,578.2 | -8,449.5 | -5,791.1 | -8,381.7 | -6,202.4 | -5,489.5 | -7,030.4 | -5,555.8 | -4,148.4 | -5,421.5 | -3,964.5 |
|
Repayment of Finance Leases
|
-18.9 | -19.6 | -28.3 | -10.7 | -18.7 | -3.6 | -31.7 | -13.0 | -26.2 | -7.7 | -10.5 | -15.5 |
|
Dividends Paid
|
-1,247.5 | -374.0 | -699.2 | -34.4 | -311.0 | -7.6 | -159.5 | -44.5 | -379.1 | -95.3 | -300.0 | -18.3 |
|
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
|
3,271.0 | 1,857.0 | 68.2 | 2,961.0 | -1,689.1 | 688.4 | 200.3 | 12.7 | 773.2 | 1,009.1 | -588.8 | 1,456.5 |
|
Net Cash Flow During the Period
|
3,975.7 | 863.5 | -439.7 | 180.0 | 1,365.7 | -1,608.7 | 1,101.0 | -99.7 | -588.7 | 253.1 | -423.1 | 910.7 |
|
Cash and Cash Equivalents at Beginning of Period
|
4,682.2 | 3,817.2 | 4,254.1 | 4,074.2 | 3,312.7 | 3,312.7 | 3,312.7 | 3,312.7 | 3,156.3 | 3,156.3 | 3,156.3 | 3,156.3 |
|
FX Difference from Revaluation
|
5.8 | 4.2 | 2.7 | -0.1 | 1.9 | -0.8 | 2.7 | -0.9 | 5.9 | -1.9 | 1.6 | -1.2 |
|
Cash and Cash Equivalents at End of Period
|
8,659.5 | 4,682.2 | 3,817.2 | 4,254.1 | 4,073.9 | 2,706.3 | 4,315.8 | 3,212.1 | 3,312.7 | 3,895.5 | 3,644.3 | 4,065.8 |
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