KSV
Listed Company · HNX
Price
156,400
Latest close
03 Apr 2026
P/E
15.8x
EPS
(TTM)
9,923
ROE
(TTM)
41.6%
P/B
5.6x
BVPS
(Latest)
28,005
ROA
(TTM)
20.3%
What Is Changing
KSV no longer looks like a business simply rebounding from a weak base. Revenue posted +9.8% YoY, while net margin reached 13.11% with an additional +3.9pp improvement versus the prior year. The next question is whether current profit momentum can hold through the next cycle.
- Net Margin expanded consistently from 1.34% in 2023 to 13.11% in 2025.
- Revenue increased 9.8% YoY to VND 14,554.0bn in 2025.
- Net Income reached a multi-period high at VND 1,908.4bn in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 14,554.0 | 13,252.8 | 11,911.9 | 12,250.9 | 8,810.5 |
| Growth | +10% | +11% | -3% | +39% | — |
| Net Income | 1,908.4 | 1,219.3 | 160.0 | 202.1 | 946.7 |
| Net Margin | 13.11% | 9.20% | 1.34% | 1.65% | 10.75% |
| 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 | 3,548.6 | 3,868.0 | 3,921.5 | 3,061.7 | 3,635.8 | 3,031.2 | 3,432.5 | 3,150.9 | 3,018.7 | 3,343.5 | 3,246.4 | 2,303.3 |
| Growth | -8% | -1% | +28% | -16% | +20% | -12% | +9% | +4% | -10% | +3% | +41% | — |
| Net Income | 631.2 | 594.0 | 440.0 | 314.1 | 382.9 | 239.1 | 503.8 | 76.4 | 40.6 | 35.7 | -23.0 | 89.7 |
| Net Margin | 17.79% | 15.36% | 11.22% | 10.26% | 10.53% | 7.89% | 14.68% | 2.42% | 1.35% | 1.07% | -0.71% | 3.90% |
Financial Statements
Profitability
Net margin reached 13.11% while Revenue posted +9.8% YoY.
Balance Sheet
Inventory stood at 2,820.5bn, liabilities at 4,368.1bn, and equity at 5,503.1bn.
Cash Flow
Operating cash flow was 2,305.3bn in 2025, while investing cash flow was -336.4bn.
Financing cash flow: -1,676.9bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
14,554.0 | 13,287.9 | 11,911.9 | 12,250.9 | 8,810.5 |
|
Revenue Deductions
|
— | 35.1 | 0.0 | 0.0 | 0.0 |
|
Net Revenue
|
14,554.0 | 13,252.8 | 11,911.9 | 12,250.9 | 8,810.5 |
|
Cost of Goods Sold
|
10,999.1 | 10,675.3 | 10,789.1 | 11,127.4 | 0.0 |
|
Gross Profit
|
3,554.9 | 2,577.4 | 1,122.8 | 1,123.5 | 1,913.4 |
|
Financial Income
|
20.6 | 14.2 | 9.9 | 6.8 | 12.9 |
|
Financial Expenses
|
182.3 | 257.7 | 367.2 | 359.0 | -185.7 |
|
Interest Expense
|
175.6 | 242.1 | 337.3 | 299.5 | -185.1 |
|
Share of Associates and Joint Ventures
|
— | 0.0 | 0.0 | 0.0 | -0.0 |
|
Selling Expenses
|
151.2 | 113.3 | 77.2 | 86.0 | -56.7 |
|
General and Administrative Expenses
|
742.6 | 585.3 | 418.7 | 398.8 | -546.3 |
|
Operating Profit
|
2,499.3 | 1,635.3 | 269.6 | 286.5 | 1,137.7 |
|
Other Income
|
61.7 | 10.7 | 5.0 | 26.4 | 0.0 |
|
Other Expenses
|
107.3 | 80.2 | 41.0 | 65.8 | 0.0 |
|
Other Profit
|
-45.6 | -69.5 | -36.0 | -39.4 | -9.7 |
|
Profit Before Tax
|
2,453.7 | 1,565.8 | 233.6 | 247.2 | 1,128.0 |
|
Current Income Tax Expense
|
560.3 | 357.6 | 73.4 | 44.7 | -181.3 |
|
Deferred Income Tax Expense
|
-14.9 | -11.1 | 0.2 | 0.4 | 0.0 |
|
Net Income
|
1,908.4 | 1,219.3 | 160.0 | 202.1 | 946.7 |
|
Non-controlling Interest
|
-61.9 | -56.6 | 25.5 | 97.8 | 246.3 |
|
Profit Attributable to Parent
|
1,970.2 | 1,275.8 | 134.5 | 104.2 | 700.4 |
|
Earnings per Share
|
9,851.00 | 6,379.00 | 672.00 | 521.00 | 3,503.00 |
|
Diluted EPS
|
9,851.24 | 6,379.15 | 672.42 | 521.08 | 3,502.11 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
5,788.6 | 4,569.7 | 3,495.5 | 4,356.2 | 5,042.6 |
|
I. Cash and cash equivalents
|
711.5 | 419.5 | 264.6 | 362.0 | 194.9 |
|
1. Cash
|
288.9 | 351.4 | 237.0 | 310.8 | 0.0 |
|
2. Cash equivalents
|
422.6 | 68.1 | 27.6 | 51.3 | 0.0 |
|
II. Short-term financial investments
|
129.0 | 47.1 | 25.0 | 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
|
129.0 | 47.1 | 25.0 | 10.0 | 0.0 |
|
III. Short-term receivables
|
1,973.1 | 1,123.6 | 661.6 | 778.2 | 396.2 |
|
1. Short-term trade accounts receivable
|
1,802.7 | 1,019.1 | 429.2 | 687.4 | 0.0 |
|
2. Short-term prepayments to suppliers
|
51.5 | 73.2 | 178.9 | 49.6 | 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
|
126.2 | 39.7 | 61.8 | 51.6 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-7.4 | -8.4 | -8.3 | -10.3 | 0.0 |
|
8. Assets awaiting resolution
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
2,820.5 | 2,867.6 | 2,299.7 | 2,849.3 | 3,926.9 |
|
1. Inventories
|
2,828.8 | 2,881.9 | 2,301.1 | 2,874.7 | 0.0 |
|
2. Provision for decline in value of inventories
|
-8.3 | -14.3 | -1.5 | -25.4 | 0.0 |
|
V. Other short-term assets
|
154.6 | 112.0 | 244.7 | 356.7 | 499.5 |
|
1. Short-term prepayments
|
64.9 | 79.9 | 221.3 | 305.3 | 0.0 |
|
2. Value added tax to be reclaimed
|
2.2 | 30.0 | 3.8 | 37.4 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
87.5 | 2.1 | 19.6 | 14.0 | 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)
|
4,082.5 | 5,044.1 | 5,858.1 | 6,339.2 | 6,188.4 |
|
I. Long-term receivables
|
141.2 | 120.5 | 115.5 | 73.2 | 0.0 |
|
1. Long-term trade receivables
|
— | 0.0 | 0.0 | 0.0 | 66.5 |
|
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
|
141.2 | 120.5 | 115.5 | 73.2 | 0.0 |
|
7. Provision for long-term doubtful debts
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
3,275.9 | 4,000.6 | 4,766.6 | 5,227.2 | 5,155.0 |
|
1. Tangible fixed assets
|
3,066.4 | 3,831.8 | 4,580.7 | 5,193.8 | 5,107.1 |
|
- Cost
|
11,419.2 | 11,149.6 | 10,659.2 | 10,299.5 | 0.0 |
|
- Accumulated depreciation
|
-8,352.7 | -7,317.7 | -6,078.5 | -5,105.7 | 0.0 |
|
2. Financial leased fixed assets
|
195.6 | 158.7 | 174.4 | 20.8 | 33.8 |
|
- Cost
|
416.7 | 314.7 | 335.0 | 149.3 | 0.0 |
|
- Accumulated depreciation
|
-221.1 | -156.0 | -160.5 | -128.5 | 0.0 |
|
3. Intangible fixed assets
|
13.9 | 10.1 | 11.4 | 12.7 | 14.2 |
|
- Cost
|
27.5 | 21.8 | 20.8 | 20.1 | 0.0 |
|
- Accumulated depreciation
|
-13.6 | -11.7 | -9.3 | -7.4 | 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
|
257.2 | 332.4 | 489.7 | 578.8 | 448.5 |
|
1. Long-term production in progress
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
257.2 | 332.4 | 489.7 | 578.8 | 0.0 |
|
V. Long-term financial investments
|
46.2 | 46.2 | 44.9 | 42.2 | 42.2 |
|
1. Investments in subsidiaries
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
11.8 | 11.8 | 11.8 | 11.8 | 0.0 |
|
3. Investments in other entities
|
35.4 | 35.4 | 35.4 | 35.4 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
-1.0 | -1.0 | -2.2 | -5.0 | 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
|
362.0 | 544.5 | 441.4 | 417.7 | 0.0 |
|
1. Long-term prepayments
|
323.4 | 527.2 | 440.0 | 416.1 | 0.0 |
|
2. Deferred income tax assets
|
38.7 | 17.3 | 1.4 | 1.6 | 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 | 476.1 |
|
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)
|
9,871.1 | 9,613.8 | 9,353.6 | 10,695.4 | 11,231.0 |
|
A. LIABILITIES (300=210+330)
|
4,368.1 | 5,603.2 | 6,432.9 | 7,593.0 | 8,046.7 |
|
I. Short -term liabilities
|
3,520.6 | 4,303.3 | 3,891.7 | 4,760.4 | 5,818.2 |
|
1. Short-term trade accounts payable
|
1,022.7 | 1,095.8 | 993.6 | 1,952.6 | 2,130.8 |
|
2. Short-term advances from customers
|
15.8 | 25.9 | 37.6 | 27.8 | 22.4 |
|
3. Taxes and other payables to state authorities
|
556.9 | 449.9 | 239.2 | 337.8 | 0.0 |
|
4. Payable to employees
|
396.6 | 356.8 | 330.1 | 280.3 | 0.0 |
|
5. Short-term acrrued expenses
|
18.1 | 27.6 | 17.6 | 33.7 | 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
|
1.5 | 0.6 | 1.1 | 1.0 | 0.5 |
|
9. Other short-term payables
|
152.7 | 120.9 | 362.6 | 102.7 | 0.0 |
|
10. Short-term borrowings and financial leases
|
1,290.8 | 2,185.7 | 1,874.7 | 1,985.1 | 2,349.3 |
|
11. Provision for short-term liabilities
|
4.7 | 0.0 | 0.0 | 0.1 | 0.0 |
|
12.. Bonus and welfare fund
|
60.7 | 40.0 | 35.2 | 39.3 | 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
|
847.5 | 1,299.9 | 2,541.1 | 2,832.6 | 2,228.5 |
|
1. Long-term trade payables
|
— | 0.0 | 0.0 | 0.0 | 51.0 |
|
2. Long-term advances from customers
|
— | 0.0 | 320.0 | 498.1 | 313.6 |
|
3. Long-term acrrued expenses
|
— | 0.0 | 0.0 | 105.0 | 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
|
0.5 | 0.4 | 0.2 | 0.6 | 0.5 |
|
7. Other long-term liabilities
|
1.2 | 1.2 | 1.3 | 1.3 | 0.0 |
|
8. Long-term borrowings and financial leases
|
789.2 | 1,243.5 | 2,172.1 | 2,186.5 | 1,824.5 |
|
9. Convertible bonds
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Deferred income tax liabilities
|
11.2 | 4.7 | 0.0 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
45.5 | 45.7 | 43.0 | 36.7 | 0.0 |
|
13. Fund for technology development
|
— | 4.4 | 4.4 | 4.4 | 0.0 |
|
14. Provision for severance allowances
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
5,503.1 | 4,010.6 | 2,920.8 | 3,102.5 | 3,184.3 |
|
I. Owner's equity
|
5,481.8 | 3,991.7 | 2,915.7 | 3,095.5 | 0.0 |
|
1. Owner's capital
|
2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 3,173.3 |
|
- Common stock with voting right
|
2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 |
|
- Preferred stock
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
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
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
-14.9 | -14.9 | -14.9 | -14.9 | 0.0 |
|
7. Foreign exchange differences
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
584.7 | 194.7 | 194.7 | 194.4 | 0.0 |
|
9. Fund to support corporate restructuring
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
0.4 | 0.4 | 0.4 | 0.4 | 0.0 |
|
11. Undistributed earnings after tax
|
2,552.7 | 1,362.6 | 215.2 | 379.1 | 700.4 |
|
- Accumulated retained earning at the end of the previous period
|
582.6 | 86.8 | 80.7 | 274.9 | 0.0 |
|
- Undistributed earnings in this period
|
1,970.1 | 1,275.8 | 134.5 | 104.2 | 700.4 |
|
12. Reserves for investment in construction
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
358.9 | 448.9 | 520.3 | 536.4 | 482.7 |
|
14. Financial reserves
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
21.2 | 18.8 | 5.1 | 7.0 | 11.0 |
|
1. Subsidized not-for-profit funds
|
1.3 | -3.6 | -2.8 | -2.3 | 0.0 |
|
2. Funds invested in fixed assets
|
19.9 | 22.4 | 7.9 | 9.3 | 0.0 |
|
C. MINORITY'S INTEREST
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
9,871.1 | 9,613.8 | 9,353.6 | 10,695.4 | 11,231.0 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
2,453.7 | 1,565.8 | 233.6 | 247.2 | 1,128.0 |
|
Depreciation of Fixed Assets and Investment Property
|
1,207.8 | 1,241.5 | 1,011.1 | 773.2 | 640.9 |
|
Provision (Increase)/Reversal
|
-2.6 | 15.6 | -16.5 | 25.7 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
6.6 | 11.8 | 21.1 | 27.4 | 0.0 |
|
Gain/Loss from Investment Activities
|
-18.3 | -7.0 | -9.1 | -6.0 | 0.0 |
|
Interest Expense
|
175.6 | 242.1 | 337.3 | 299.5 | 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
|
-4.4 | -0.1 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
3,818.5 | 3,069.8 | 1,577.5 | 1,366.9 | 1,879.8 |
|
Increase/(Decrease) in Receivables
|
-941.6 | -548.0 | 98.3 | -490.7 | 0.0 |
|
Increase/(Decrease) in Inventory
|
53.1 | -575.8 | 573.6 | 1,189.5 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
-235.9 | -473.6 | -1,111.7 | -603.4 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
218.8 | 72.6 | 66.8 | -41.7 | 0.0 |
|
Changes in Trading Securities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-178.5 | -244.1 | -350.4 | -300.9 | 0.0 |
|
Corporate Income Tax Paid
|
-360.3 | -222.5 | -74.7 | -160.4 | 0.0 |
|
Other Operating Receipts
|
25.3 | 91.7 | 1.8 | 1.4 | 0.0 |
|
Other Operating Payments
|
-94.0 | -56.7 | -66.9 | -56.8 | 0.0 |
|
Net Cash Flow from Operating Activities
|
2,305.3 | 1,113.3 | 714.2 | 904.0 | 293.3 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-270.0 | -133.2 | -649.9 | -704.4 | -535.2 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
3.4 | 0.0 | 1.1 | 2.1 | 1.0 |
|
Loans and Purchases of Debt Instruments
|
-177.0 | -77.0 | -15.0 | -6.0 | 20.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
95.1 | 54.9 | 0.0 | 6.0 | 0.0 |
|
Investments in Other Entities
|
— | 0.0 | 0.0 | 0.0 | -38.5 |
|
Proceeds from Investments in Other Entities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
12.1 | 8.7 | 5.7 | 5.9 | 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
|
-336.4 | -146.5 | -658.1 | -696.4 | -477.4 |
|
Proceeds from Equity Issuance and Capital Contributions
|
9.7 | 8.7 | 11.0 | 7.2 | 16.9 |
|
Share Repurchases
|
-0.1 | 0.0 | -0.1 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
2,304.4 | 4,135.7 | 6,708.2 | 5,620.0 | 3,886.7 |
|
Repayment of Borrowings
|
-3,568.3 | -4,764.9 | -6,762.4 | -5,597.3 | -3,504.4 |
|
Repayment of Finance Leases
|
-91.8 | -65.8 | -70.6 | -24.9 | -31.3 |
|
Dividends Paid
|
-330.8 | -125.7 | -39.5 | -60.5 | -227.5 |
|
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
|
-1,676.9 | -811.9 | -153.5 | -55.4 | 140.4 |
|
Net Cash Flow During the Period
|
292.0 | 154.8 | -97.4 | 152.1 | 14.6 |
|
Cash and Cash Equivalents at Beginning of Period
|
419.5 | 264.6 | 362.0 | 209.9 | 238.7 |
|
FX Difference from Revaluation
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
711.5 | 419.5 | 264.6 | 362.0 | 194.9 |
| 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
|
3,548.6 | 3,868.0 | 3,921.5 | 3,061.7 | 3,635.8 | 3,066.3 | 3,432.5 | 3,150.9 | 3,018.7 | 3,343.5 | 3,246.4 | 2,303.3 |
|
Revenue Deductions
|
— | — | — | — | 0.0 | 35.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Revenue
|
3,548.6 | 3,868.0 | 3,921.5 | 3,061.7 | 3,635.8 | 3,031.2 | 3,432.5 | 3,150.9 | 3,018.7 | 3,343.5 | 3,246.4 | 2,303.3 |
|
Cost of Goods Sold
|
2,703.1 | 2,590.2 | 3,158.6 | 2,433.6 | 2,914.1 | 2,428.8 | 2,600.4 | 2,790.9 | 2,688.1 | 3,078.0 | 3,045.5 | 1,997.9 |
|
Gross Profit
|
845.5 | 1,277.8 | 762.9 | 628.1 | 721.8 | 602.5 | 832.1 | 360.0 | 330.7 | 265.5 | 200.9 | 305.5 |
|
Financial Income
|
8.0 | 2.1 | 7.1 | 1.2 | 1.2 | 5.1 | 0.7 | 1.5 | 2.4 | 4.2 | -1.2 | 4.0 |
|
Financial Expenses
|
37.9 | 39.5 | 53.4 | 51.7 | 64.5 | 51.6 | 49.3 | 92.8 | 95.9 | 94.5 | 92.2 | 86.4 |
|
Interest Expense
|
37.2 | 39.5 | 47.5 | 51.6 | 56.8 | 57.9 | 65.3 | 62.1 | 80.2 | 81.0 | 89.7 | 86.4 |
|
Share of Associates and Joint Ventures
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Selling Expenses
|
45.3 | 38.2 | 37.3 | 29.8 | 37.6 | 32.9 | 20.7 | 20.5 | 20.9 | 22.1 | 20.7 | 13.5 |
|
General and Administrative Expenses
|
26.7 | 448.5 | 110.2 | 141.9 | 114.9 | 223.4 | 122.3 | 152.7 | 109.6 | 106.9 | 105.3 | 102.1 |
|
Operating Profit
|
743.7 | 753.8 | 569.1 | 405.8 | 505.9 | 299.7 | 640.5 | 95.5 | 106.7 | 46.2 | -18.5 | 107.4 |
|
Other Income
|
55.3 | 1.7 | 1.7 | 1.8 | 3.6 | 4.7 | 0.5 | 2.1 | 2.3 | 0.5 | 0.1 | 2.3 |
|
Other Expenses
|
-3.0 | 7.0 | 8.9 | 2.3 | 9.3 | 6.2 | 6.7 | 2.3 | 36.4 | 3.3 | 0.5 | 0.9 |
|
Other Profit
|
58.3 | -5.4 | -7.2 | -0.6 | -5.7 | -1.5 | -6.2 | -0.3 | -34.1 | -2.9 | -0.3 | 1.4 |
|
Profit Before Tax
|
802.0 | 748.4 | 561.9 | 405.3 | 500.2 | 298.2 | 634.3 | 95.2 | 72.6 | 43.3 | -18.8 | 108.8 |
|
Current Income Tax Expense
|
178.6 | 154.4 | 136.9 | 91.1 | 132.3 | 59.0 | 130.5 | 18.8 | 31.9 | 7.6 | 4.1 | 19.0 |
|
Deferred Income Tax Expense
|
-7.9 | 0.1 | -15.0 | 0.1 | -15.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
|
Net Income
|
631.2 | 594.0 | 440.0 | 314.1 | 382.9 | 239.1 | 503.8 | 76.4 | 40.6 | 35.7 | -23.0 | 89.7 |
|
Non-controlling Interest
|
44.4 | -0.8 | -32.0 | -16.8 | -39.2 | -16.5 | 10.2 | 7.6 | 10.6 | -4.2 | 1.4 | 15.2 |
|
Profit Attributable to Parent
|
586.9 | 594.8 | 472.0 | 330.9 | 422.1 | 255.5 | 493.5 | 68.7 | 30.0 | 39.9 | -24.4 | 74.5 |
|
Earnings per Share
|
2,934.00 | 2,974.00 | 2,360.00 | 1,655.00 | 2,110.00 | 1,278.00 | 2,468.00 | 364.00 | 2,144.00 | 1,303.00 | -122.00 | 373.00 |
|
Diluted EPS
|
2,934.32 | 2,973.90 | 2,359.99 | 1,654.60 | 2,110.28 | 1,277.73 | 2,467.58 | 343.72 | 150.16 | 199.57 | -122.01 | 372.53 |
| 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)
|
5,795.2 | 5,844.2 | 5,263.6 | 5,281.4 | 4,507.6 | 4,543.1 | 5,008.9 | 3,732.9 | 3,399.0 | 4,279.9 | 4,852.0 | 5,126.5 |
|
I. Cash and cash equivalents
|
711.5 | 936.3 | 604.0 | 401.2 | 409.5 | 405.9 | 375.3 | 324.9 | 264.6 | 327.0 | 370.6 | 277.2 |
|
1. Cash
|
288.9 | 452.4 | 513.4 | 362.9 | 339.4 | 386.8 | 303.2 | 307.8 | 237.0 | 272.3 | 242.9 | 210.6 |
|
2. Cash equivalents
|
422.6 | 483.9 | 90.6 | 38.2 | 70.2 | 19.1 | 72.2 | 17.1 | 27.6 | 54.7 | 127.7 | 66.6 |
|
II. Short-term financial investments
|
129.0 | 136.0 | 35.0 | 32.0 | 57.1 | 56.0 | 40.1 | 32.0 | 25.0 | 5.0 | 5.0 | 12.0 |
|
1. Available for sale securities
|
— | — | — | — | 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 |
|
3. Held to maturity investments
|
129.0 | 136.0 | 35.0 | 32.0 | 57.1 | 56.0 | 40.1 | 32.0 | 25.0 | 5.0 | 5.0 | 12.0 |
|
III. Short-term receivables
|
1,985.0 | 1,542.7 | 1,340.3 | 1,128.4 | 1,116.9 | 1,106.9 | 1,556.3 | 551.9 | 659.9 | 837.8 | 615.2 | 580.8 |
|
1. Short-term trade accounts receivable
|
1,809.5 | 1,444.5 | 1,220.5 | 1,026.5 | 1,023.2 | 1,010.3 | 1,482.0 | 471.4 | 429.2 | 653.1 | 470.2 | 421.3 |
|
2. Short-term prepayments to suppliers
|
52.8 | 70.0 | 72.2 | 59.6 | 71.8 | 61.1 | 44.0 | 48.4 | 178.9 | 129.5 | 40.1 | 89.2 |
|
3. Short-term inter-company receivables
|
— | — | — | — | 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 |
|
5. Short-term loan receivables
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other short-term receivables
|
130.0 | 35.4 | 55.7 | 50.5 | 30.3 | 43.3 | 38.7 | 41.0 | 60.2 | 64.8 | 115.2 | 80.5 |
|
7. Provision for short-term doubtful debts (*)
|
-7.3 | -7.2 | -8.1 | -8.2 | -8.4 | -7.8 | -8.3 | -8.9 | -8.3 | -9.6 | -10.3 | -10.2 |
|
8. Assets awaiting resolution
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
2,817.1 | 3,189.8 | 3,235.6 | 3,637.3 | 2,825.7 | 2,928.8 | 2,896.1 | 2,650.8 | 2,298.5 | 2,935.0 | 3,628.1 | 3,959.5 |
|
1. Inventories
|
2,825.4 | 3,209.2 | 3,249.9 | 3,651.7 | 2,830.1 | 2,930.2 | 2,897.6 | 2,652.3 | 2,302.1 | 3,003.9 | 3,653.5 | 3,984.9 |
|
2. Provision for decline in value of inventories
|
-8.3 | -19.4 | -14.3 | -14.3 | -4.4 | -1.5 | -1.5 | -1.5 | -3.7 | -68.9 | -25.4 | -25.4 |
|
V. Other short-term assets
|
152.7 | 39.4 | 48.7 | 82.5 | 98.4 | 45.5 | 141.1 | 173.3 | 151.0 | 175.1 | 233.1 | 297.0 |
|
1. Short-term prepayments
|
63.0 | 32.9 | 28.6 | 47.4 | 65.7 | 22.8 | 127.9 | 155.4 | 125.3 | 137.2 | 144.4 | 173.6 |
|
2. Value added tax to be reclaimed
|
2.2 | 5.0 | 18.4 | 33.0 | 30.5 | 20.9 | 9.4 | 8.1 | 3.8 | 7.4 | 56.6 | 90.5 |
|
3. Taxes and other receivables from state authorities
|
87.5 | 1.4 | 1.6 | 2.1 | 2.1 | 1.9 | 3.8 | 9.8 | 21.9 | 30.6 | 32.2 | 32.9 |
|
4. Government bonds
|
— | — | — | — | 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 |
|
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)
|
4,163.5 | 4,441.5 | 4,610.8 | 4,730.8 | 5,043.5 | 5,333.8 | 5,473.7 | 5,592.0 | 5,933.4 | 6,404.8 | 6,478.2 | 6,327.4 |
|
I. Long-term receivables
|
133.5 | 138.0 | 125.3 | 124.2 | 126.2 | 127.2 | 128.3 | 125.5 | 115.5 | 117.4 | 114.8 | 81.0 |
|
1. Long-term trade receivables
|
— | — | — | — | 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 |
|
3. Capital at inter-company
|
— | — | — | — | 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 |
|
5. Long-term loan receivables
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term receivables
|
133.5 | 138.0 | 125.3 | 124.2 | 126.2 | 127.2 | 128.3 | 125.5 | 115.5 | 117.4 | 114.8 | 81.0 |
|
7. Provision for long-term doubtful debts
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
3,268.7 | 3,225.6 | 3,462.5 | 3,706.9 | 4,001.2 | 4,203.4 | 4,463.2 | 4,493.1 | 4,667.8 | 4,926.7 | 5,101.9 | 5,085.3 |
|
1. Tangible fixed assets
|
3,059.2 | 3,127.3 | 3,341.6 | 3,562.8 | 3,832.8 | 4,019.7 | 4,281.6 | 4,310.9 | 4,485.2 | 4,722.6 | 4,885.0 | 5,057.8 |
|
- Cost
|
— | — | — | — | 11,092.5 | 10,895.5 | 10,962.3 | 10,691.0 | 10,581.1 | 10,433.7 | 10,403.7 | 10,366.7 |
|
- Accumulated depreciation
|
— | — | — | — | -7,259.7 | -6,875.7 | -6,680.7 | -6,380.2 | -6,096.0 | -5,711.1 | -5,518.6 | -5,308.9 |
|
2. Financial leased fixed assets
|
195.6 | 89.0 | 111.2 | 134.5 | 158.6 | 173.6 | 171.2 | 171.4 | 171.2 | 192.8 | 205.1 | 15.3 |
|
- Cost
|
— | — | — | — | 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 |
|
3. Intangible fixed assets
|
13.9 | 9.3 | 9.7 | 9.6 | 9.9 | 10.1 | 10.4 | 10.9 | 11.4 | 11.3 | 11.8 | 12.2 |
|
- Cost
|
— | — | — | — | 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 |
|
III. Investment properties
|
— | — | — | — | 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 |
|
- Accumulated depreciation
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
362.3 | 551.1 | 451.7 | 341.9 | 331.2 | 433.4 | 346.8 | 487.8 | 575.8 | 840.0 | 681.9 | 606.5 |
|
1. Long-term production in progress
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
362.3 | 551.1 | 451.7 | 341.9 | 331.2 | 433.4 | 346.8 | 487.8 | 575.8 | 840.0 | 681.9 | 606.5 |
|
V. Long-term financial investments
|
46.2 | 46.2 | 46.2 | 46.2 | 46.2 | 46.2 | 44.9 | 44.9 | 44.8 | 42.2 | 42.2 | 42.2 |
|
1. Investments in subsidiaries
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 | 11.8 |
|
3. Investments in other entities
|
35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 | 35.4 |
|
4. Provision for diminution in value of long-term investments
|
-1.0 | -1.0 | -1.0 | -1.0 | -1.0 | -1.0 | -2.2 | -2.2 | -2.4 | -5.0 | -5.0 | -5.0 |
|
5. Held to maturity investments
|
— | — | — | — | 0.0 | 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 | 0.0 |
|
VI. Other long-term assets
|
352.9 | 480.7 | 525.2 | 511.6 | 538.7 | 523.6 | 490.4 | 440.6 | 529.4 | 478.5 | 537.4 | 512.4 |
|
1. Long-term prepayments
|
314.3 | 444.3 | 493.0 | 494.3 | 522.5 | 522.3 | 489.0 | 439.2 | 528.0 | 477.0 | 533.0 | 510.8 |
|
2. Deferred income tax assets
|
38.7 | 36.4 | 32.2 | 17.3 | 16.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.5 | 1.5 | 1.6 |
|
3. Long-term equipment, supplies, spare parts
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 2.8 | 0.0 |
|
4. Other long-term assets
|
— | — | — | — | 0.0 | 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 | 0.0 |
|
VII. Goodwill (before 2015)
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
9,958.7 | 10,285.7 | 9,874.4 | 10,012.2 | 9,551.1 | 9,876.9 | 10,482.6 | 9,324.9 | 9,332.3 | 10,684.7 | 11,330.2 | 11,453.9 |
|
A. LIABILITIES (300=210+330)
|
4,357.8 | 5,318.7 | 5,527.7 | 5,683.0 | 5,602.5 | 6,311.0 | 7,183.0 | 6,324.2 | 6,424.4 | 7,812.3 | 8,497.8 | 8,259.0 |
|
I. Short -term liabilities
|
3,522.4 | 4,221.6 | 4,489.2 | 4,357.9 | 4,308.6 | 4,684.8 | 5,146.7 | 3,937.9 | 3,886.6 | 4,746.3 | 5,273.4 | 5,469.4 |
|
1. Short-term trade accounts payable
|
1,022.5 | 1,001.8 | 933.7 | 1,098.9 | 1,100.0 | 991.1 | 896.5 | 913.6 | 998.0 | 1,302.6 | 1,477.6 | 1,848.4 |
|
2. Short-term advances from customers
|
15.7 | 65.0 | 19.6 | 30.6 | 25.9 | 22.6 | 70.6 | 28.1 | 37.6 | 38.5 | 79.2 | 156.4 |
|
3. Taxes and other payables to state authorities
|
566.1 | 649.4 | 546.2 | 416.9 | 434.7 | 457.4 | 507.7 | 303.9 | 226.0 | 265.9 | 273.5 | 361.5 |
|
4. Payable to employees
|
395.7 | 638.7 | 272.2 | 238.7 | 357.0 | 343.5 | 281.0 | 248.2 | 331.3 | 337.6 | 297.2 | 235.9 |
|
5. Short-term acrrued expenses
|
44.5 | 49.3 | 92.6 | 431.6 | 20.2 | 572.3 | 597.6 | 233.3 | 17.3 | 361.0 | 474.9 | 443.7 |
|
6. Short-term inter-company payables
|
— | — | — | — | 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 |
|
8. Short-term unearned revenue
|
1.5 | 0.3 | 0.7 | 0.6 | 0.6 | 0.4 | 0.8 | 1.0 | 1.1 | 0.7 | 0.7 | 1.1 |
|
9. Other short-term payables
|
119.5 | 128.2 | 450.8 | 127.4 | 124.2 | 106.5 | 258.4 | 200.5 | 361.9 | 363.0 | 654.7 | 171.0 |
|
10. Short-term borrowings and financial leases
|
1,296.4 | 1,149.2 | 1,475.9 | 1,892.7 | 2,186.5 | 1,937.1 | 2,363.7 | 1,894.7 | 1,875.6 | 1,921.9 | 1,928.0 | 2,213.9 |
|
11. Provision for short-term liabilities
|
— | 442.7 | 588.1 | 90.7 | 0.0 | 180.5 | 80.9 | 82.5 | 0.0 | 78.6 | 0.1 | 4.5 |
|
12.. Bonus and welfare fund
|
60.5 | 97.0 | 109.4 | 29.9 | 59.4 | 73.3 | 89.4 | 32.2 | 38.0 | 76.6 | 87.5 | 33.0 |
|
13. Price stabilization fund
|
— | — | — | — | 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 |
|
II. Long-term liabilities
|
835.4 | 1,097.1 | 1,038.6 | 1,325.1 | 1,293.9 | 1,626.2 | 2,036.3 | 2,386.3 | 2,537.8 | 3,066.0 | 3,224.4 | 2,789.6 |
|
1. Long-term trade payables
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 288.7 | 253.8 | 0.0 |
|
2. Long-term advances from customers
|
— | — | — | — | 0.0 | 0.0 | 400.0 | 203.2 | 320.0 | 500.0 | 700.0 | 600.0 |
|
3. Long-term acrrued expenses
|
— | — | — | — | 0.0 | 49.8 | 49.8 | 0.0 | 0.0 | 105.0 | 105.0 | 105.0 |
|
4. Inter-company payables on business capital
|
— | — | — | — | 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 |
|
6. Long-term unearned revenue
|
0.5 | 1.2 | 1.3 | 0.9 | 0.4 | 0.7 | 0.7 | 0.2 | 0.2 | 0.9 | 0.9 | 0.7 |
|
7. Other long-term liabilities
|
1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 | 1.3 |
|
8. Long-term borrowings and financial leases
|
783.7 | 1,035.2 | 981.6 | 1,268.7 | 1,242.3 | 1,522.1 | 1,531.6 | 2,128.5 | 2,171.3 | 2,125.7 | 2,118.9 | 2,038.6 |
|
9. Convertible bonds
|
— | — | — | — | 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 |
|
11. Deferred income tax liabilities
|
-0.1 | 5.5 | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
50.1 | 49.7 | 50.1 | 49.9 | 45.7 | 47.9 | 48.5 | 48.6 | 40.5 | 40.1 | 40.2 | 39.6 |
|
13. Fund for technology development
|
— | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 | 4.4 |
|
14. Provision for severance allowances
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
5,601.0 | 4,967.0 | 4,346.7 | 4,329.3 | 3,948.6 | 3,565.9 | 3,299.6 | 3,000.8 | 2,907.9 | 2,872.4 | 2,832.4 | 3,195.0 |
|
I. Owner's equity
|
5,572.9 | 4,941.4 | 4,328.6 | 4,310.6 | 3,945.9 | 3,563.0 | 3,296.1 | 2,996.3 | 2,902.9 | 2,865.4 | 2,825.7 | 3,186.3 |
|
1. Owner's capital
|
2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 |
|
- Common stock with voting right
|
2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 | 2,000.0 |
|
- Preferred stock
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
— | — | — | — | 0.0 | 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 | 0.0 |
|
4. Other capital of owners
|
— | — | — | — | 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 |
|
6. Assets revaluation differences
|
-14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 | -14.9 |
|
7. Foreign exchange differences
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
584.7 | 584.7 | 584.7 | 194.7 | 194.7 | 194.7 | 194.7 | 194.7 | 194.7 | 194.7 | 194.7 | 194.4 |
|
9. Fund to support corporate restructuring
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
|
11. Undistributed earnings after tax
|
2,606.2 | 2,018.8 | 1,390.0 | 1,696.6 | 1,317.9 | 895.9 | 604.0 | 287.9 | 205.3 | 180.1 | 140.3 | 453.6 |
|
- Accumulated retained earning at the end of the previous period
|
583.1 | 582.6 | 587.0 | 1,365.7 | 89.0 | 89.0 | 37.7 | 215.2 | 85.4 | 90.2 | 90.2 | 379.1 |
|
- Undistributed earnings in this period
|
2,023.1 | 1,436.2 | 802.9 | 330.9 | 1,228.9 | 806.9 | 566.3 | 72.7 | 119.9 | 89.9 | 50.1 | 74.5 |
|
12. Reserves for investment in construction
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
396.5 | 352.4 | 368.4 | 433.7 | 447.8 | 487.0 | 511.9 | 528.2 | 517.3 | 505.1 | 505.2 | 552.7 |
|
14. Financial reserves
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
28.0 | 25.5 | 18.1 | 18.7 | 2.7 | 2.9 | 3.5 | 4.5 | 5.1 | 7.0 | 6.7 | 8.7 |
|
1. Subsidized not-for-profit funds
|
8.1 | 5.2 | -2.9 | -3.0 | -3.4 | -3.6 | -3.5 | -3.0 | -2.8 | -1.4 | -2.0 | -0.3 |
|
2. Funds invested in fixed assets
|
19.9 | 20.4 | 21.0 | 21.7 | 6.1 | 6.5 | 7.0 | 7.4 | 7.8 | 8.4 | 8.7 | 9.0 |
|
C. MINORITY'S INTEREST
|
— | — | — | — | 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)
|
9,958.7 | 10,285.7 | 9,874.4 | 10,012.2 | 9,551.1 | 9,876.9 | 10,482.6 | 9,324.9 | 9,332.3 | 10,684.7 | 11,330.2 | 11,453.9 |
| 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
|
713.5 | 748.4 | 586.6 | 405.3 | 500.2 | 298.2 | 604.2 | 95.2 | 100.9 | 43.3 | -19.5 | 108.8 |
|
Depreciation of Fixed Assets and Investment Property
|
303.3 | 302.6 | 301.8 | 300.1 | 305.8 | 292.6 | 304.4 | 324.0 | 389.5 | 202.0 | 210.9 | 208.7 |
|
Provision (Increase)/Reversal
|
-6.5 | -653.0 | 751.9 | -94.9 | 186.2 | -272.4 | 174.0 | -87.6 | 22.7 | -157.3 | 125.5 | -7.4 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
0.7 | 0.0 | 5.9 | 0.0 | 5.8 | -6.7 | 5.7 | 7.1 | 22.2 | -1.0 | 3.0 | -3.1 |
|
Gain/Loss from Investment Activities
|
26.0 | -37.8 | -4.3 | -2.2 | -4.6 | -34.4 | 2.1 | -3.0 | 43.4 | -50.0 | -0.8 | -1.7 |
|
Interest Expense
|
37.0 | 39.5 | 47.5 | 51.6 | 56.8 | 57.9 | 65.3 | 62.1 | 80.2 | 81.0 | 89.7 | 86.4 |
|
Gain/Loss on Disposal of Fixed Assets
|
— | — | — | — | 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 |
|
Amortization of Goodwill
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Adjustments
|
— | — | — | — | 0.0 | 0.0 | 44.0 | -44.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
1,069.6 | 399.8 | 1,689.3 | 659.8 | 1,050.1 | 335.1 | 1,199.7 | 353.9 | 659.0 | 118.0 | 408.8 | 391.7 |
|
Increase/(Decrease) in Receivables
|
-505.0 | -233.3 | -194.8 | -8.5 | -130.1 | 460.1 | -1,133.9 | 224.0 | 202.0 | -225.1 | -68.3 | 189.7 |
|
Increase/(Decrease) in Inventory
|
476.2 | 12.2 | 82.8 | -518.2 | 100.2 | -42.9 | -230.1 | -351.1 | 702.8 | 633.5 | 347.6 | -1,110.2 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
-1,067.1 | 1,126.1 | -574.3 | 279.4 | -678.1 | -48.1 | 457.8 | -85.1 | -1,540.6 | -67.7 | -118.8 | 615.4 |
|
Increase/(Decrease) in Prepaid Expenses
|
89.0 | 19.9 | 44.6 | 65.3 | -43.1 | 54.4 | 13.4 | 66.7 | -40.4 | 50.9 | 19.3 | 36.9 |
|
Changes in Trading Securities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-37.8 | -41.1 | -44.6 | -54.9 | -53.9 | -58.6 | -68.5 | -61.3 | -84.4 | -82.4 | -90.4 | -93.2 |
|
Corporate Income Tax Paid
|
-100.8 | -100.3 | -0.3 | -158.8 | -142.9 | -59.6 | -5.4 | -14.6 | -21.3 | -4.2 | -1.3 | -48.0 |
|
Other Operating Receipts
|
— | — | — | — | -76.7 | 82.0 | -26.7 | 57.3 | -104.8 | 105.1 | -32.9 | 34.4 |
|
Other Operating Payments
|
54.9 | -119.8 | 61.9 | -91.1 | 105.4 | -178.9 | 58.6 | -75.6 | 87.0 | -143.3 | -5.8 | -4.9 |
|
Net Cash Flow from Operating Activities
|
-3.2 | 1,069.8 | 963.7 | 275.0 | 130.8 | 543.5 | 264.8 | 114.1 | -140.7 | 384.7 | 458.2 | 11.9 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-12.5 | -167.6 | -62.7 | -27.2 | -118.7 | -129.1 | -23.7 | -11.0 | -83.6 | -221.6 | -174.8 | -169.9 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
3.4 | — | — | — | 4.6 | 2.1 | 0.0 | 0.0 | 1.1 | 0.0 | 0.0 | 0.0 |
|
Loans and Purchases of Debt Instruments
|
-139.0 | — | -38.0 | — | 0.0 | 32.0 | -25.0 | -7.0 | -10.0 | -5.0 | 10.0 | -10.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
45.0 | — | 50.1 | — | 0.0 | -16.9 | 16.9 | 0.0 | -0.0 | -5.0 | 5.0 | 0.0 |
|
Investments in Other Entities
|
— | — | — | — | 0.0 | 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 | 0.0 |
|
Dividends and Interest Income Received
|
7.2 | 3.5 | -0.3 | 1.8 | -6.2 | 0.5 | -0.0 | 0.9 | -42.2 | 46.0 | 1.4 | 0.5 |
|
Increase/(Decrease) in Term Deposits
|
— | — | — | — | 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 |
|
Other Investing Receipts
|
— | — | — | — | 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 |
|
Net Cash Flow from Investing Activities
|
-83.9 | -176.3 | -50.9 | -25.4 | -120.3 | -111.4 | -31.8 | -17.0 | -134.8 | -185.6 | -158.4 | -179.4 |
|
Proceeds from Equity Issuance and Capital Contributions
|
— | — | — | — | -1.9 | 6.2 | -6.2 | 13.8 | 5.4 | 4.6 | 1.0 | 0.0 |
|
Share Repurchases
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
271.4 | 102.7 | 845.0 | 1,085.3 | 1,099.8 | 712.1 | 1,132.6 | 1,263.7 | 2,152.8 | 1,284.6 | 2,090.0 | 1,180.8 |
|
Repayment of Borrowings
|
-4.4 | -333.0 | -1,541.8 | -1,339.9 | -1,094.6 | -1,088.0 | -1,289.8 | -1,294.0 | -2,140.5 | -1,250.4 | -2,279.7 | -1,091.8 |
|
Repayment of Finance Leases
|
-28.7 | -36.9 | -13.1 | -13.2 | -13.2 | -7.1 | -18.9 | -20.3 | -15.0 | -31.6 | -17.7 | -6.3 |
|
Dividends Paid
|
-36.6 | -294.0 | -0.2 | — | 3.1 | -24.7 | -0.2 | 0.0 | 210.5 | -250.0 | -0.0 | 0.0 |
|
Other Financing Receipts
|
— | — | — | — | 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 |
|
Net Cash Flow from Financing Activities
|
-137.8 | -561.2 | -710.1 | -267.8 | -6.8 | -401.5 | -182.6 | -36.8 | 213.1 | -242.8 | -206.5 | 82.7 |
|
Net Cash Flow During the Period
|
-224.9 | 332.4 | 202.8 | -18.3 | 3.7 | 30.5 | 50.4 | 60.3 | -62.4 | -43.7 | 93.4 | -84.8 |
|
Cash and Cash Equivalents at Beginning of Period
|
936.3 | 603.9 | 401.2 | 419.5 | 264.6 | 264.6 | 264.6 | 264.6 | 362.0 | 362.0 | 362.0 | 362.0 |
|
FX Difference from Revaluation
|
0.0 | — | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
711.5 | 936.3 | 603.9 | 401.2 | 409.5 | 405.9 | 375.3 | 324.9 | 264.6 | 327.0 | 370.6 | 277.2 |
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