L61

Lilama 69-1 ·UPCOM ·2024Q3

▼▼ Declining sharply

Margins remain under pressure Net margin −69.73%, −36.86pp YoY

Price

1,300

Latest close

22 May 2026

P/E -0.19x

P/B -0.51x

EPS -7,010

BVPS -2,555

ROE -732.6%

ROA -7.6%

Profit Margin -69.7%

Asset Turnover 0.11x

Equity Mult. 96.33x

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

What Is Changing

On a TTM 2024Q3 basis, L61 is under pressure on both revenue and margins simultaneously — margins have been compressing consistently over multiple periods. More notably, profit relies heavily on non-core sources while operating cash flow is negative — these two factors together suggest earnings quality needs cautious evaluation.

	                            
	                                TTM REVENUE
	                            
	                                    VND 76bn
	                                
−71.2%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    −VND 53bn
	                                
+38.9%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    87.8%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	50.9	123.9	171.2	411.9	664.7
Growth	-59%	-28%	-58%	-38%	—
Net Income	-71.2	-56.1	-48.9	-74.0	0.4
Net Margin	-139.88%	-45.28%	-28.54%	-17.96%	0.05%

Metric	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21
Revenue	9.1	13.4	14.4	39.3	27.9	50.9	53.1	132.6	83.7	94.9	100.7	200.6
Growth	-32%	-7%	-64%	+41%	-45%	-4%	-60%	+58%	-12%	-6%	-50%	—
Net Income	-14.6	-14.7	-14.8	-9.0	-12.9	-11.6	-15.3	-47.2	-28.0	0.0	0.0	0.4
Net Margin	-160.43%	-109.93%	-103.12%	-22.90%	-46.41%	-22.74%	-28.71%	-35.59%	-33.42%	0.00%	0.00%	0.18%

Drivers of L61's profit

TTM

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

Gross profit ↑ 34.3bn

Administrative expenses ↓ 6.7bn

Finance costs ↑ 5.7bn

TTM

Net profit attributable to parent declined vs prior quarter, mainly due to weaker other profit. Supporting and offsetting drivers:

Administrative expenses ↓ 0.6bn

Other profit ↓ 1.4bn

Finance costs ↑ 0.6bn

Gross profit ↓ 0.2bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2023Q3 -112.4% = -32.9% × 0.35 × 9.89

2024Q3 -732.6% = -69.7% × 0.11 × 96.33

ROE fell from -112.4% to -732.6% — net margin weakened the most, though leverage still provided support.

Net margin: -69.7% -36.9pp Asset turnover: 0.11x -0.24x Leverage: 96.33x +86.43x

Is the profit sustainable?

Margins are under pressure while earnings still rely significantly on non-core sources.

very positive positive stable watch under pressure

What is driving the margin?

Net margin fell to -69.73%, losing 36.9pp. The main pressure is SG&A / Revenue rose 6.0pp, outweighing the improvement in Gross margin rose 23.0pp (with lingering pressure from Net financial result / Revenue fell 46.1pp and Other profit / Revenue fell 7.8pp).

The pressure comes from non-core items while core operations hold their rhythm — margin has a basis to recover once this factor passes.

Profitability trend

Net Margin -69.73% −36.9pp

Gross Margin 14.05% +23.0pp

SG&A / Revenue 12.02% +6.0pp

Non-core / Revenue -71.76% −53.8pp

TTM YoY · 2023Q3 -> 2024Q3

Watchpoints

Financial result share remains high

Even though contribution decreased by 53.8pp, financial result still accounts for 102.9% of PBT — earnings durability should be monitored in coming periods.

Is capital being used efficiently?

Return on capital rose, but cash cycle lengthened by 2202.0 days — working capital needs watching.

Is capital being deployed efficiently?

ROIC expanded to -14.88%, rising 4.8pp. That translates to -14.88 in after-tax operating profit for every 100 units of operating capital. NOPAT margin narrowed 29.1pp and capital turnover fell 0.40x both supported ROIC, while invested capital contracted by 102bn.

Both margin and turnover contributed — the improvement has a dual foundation, but with ROIC still at a low level, several more periods in the same direction are needed to confirm a substantive shift.

Watchpoints

ROIC remains low

ROIC is currently -14.88% — below the typical cost-of-capital threshold; worth tracking whether upcoming periods can rise above this level.

CAPITAL EFFICIENCY TREND

ROIC -14.88% +4.8pp

NOPAT Margin -59.21% −29.1pp

Capital Turnover 0.25x −0.40x

Average Invested Capital 303.0bn −101.9bn

Balance Sheet

ROIC is improving — the asset structure below shows how capital is being allocated. Balance sheet is exceptionally sound — liabilities at -6.34x equity, with a net cash position equivalent to 15.00x equity.

Inventory ended the period at 441.0bn, roughly 80.5% of total assets.

Over the last 12 months, working capital released 83.4bn of cash, mainly thanks to lower receivables. Pressure from higher inventories and lower payables only partly offset that benefit.

Working Capital Drivers

Receivables decreased → higher CFO: +106.1bn

Inventories increased → lower CFO: −3.3bn

Payables decreased → lower CFO: −19.3bn

Working Capital Efficiency

Cash conversion cycle lengthened by 2202.0 days versus the same period last year. The main moves came from DIO rose 2221.1 days, DSO rose 529.8 days, and DPO rose 548.9 days.

Working capital cycle lengthened mainly due to slower inventory turnover — more capital is being tied up in inventory.

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 2860.2 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Receivables collection is slowing

DSO increased by +529.8 days, pointing to slower receivables turnover.

Working Capital Efficiency

Receivables 730.7 days +529.8 days

Inventory 2834.8 days +2221.1 days

Payables 705.3 days +548.9 days

Cash Conversion Cycle 2860.2 days +2202.0 days

Is financial risk significant?

Financial risk is low — the company has net cash and CFO reached 2.3bn.

Leverage & Liquidity

Leverage warrants monitoring, with net debt / equity at -15.00x and interest coverage only at -0.96x.

At present, short-term debt accounts for 100.0% of total debt, cash equals 0.1% of debt, and total debt stands at 290.4bn.

Watchpoints

Interest coverage is thin

Interest coverage is -0.96x, leaving limited room to absorb financing costs.

Short-term refinancing pressure is meaningful

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

Leverage and liquidity trend

Net Debt / Equity -15.00x −23.89x

Interest Coverage -0.96x +0.97x

Cash / Debt 0.1% −0.3pp

Short-term Debt / Total Debt 100.0% 0.0pp

CFO / NI -0.14x +0.04x

TTM YoY · 2023Q3 -> 2024Q3

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 2.3bn in 2025, against investing cash flow of 57.8bn.

Post-investment cash flow was positive +60.1bn. Financing cash flow was negative +59.7bn.

CFO / net income was -0.14x.

After spending +0.1bn on fixed-asset investment, the business generated trailing free cash flow of +7.5bn.

Cash Conversion

CFO TTM 7.5bn −8.2bn

Cash Capex 0.1bn +0.1bn

FCF TTM +7.5bn −8.3bn

Investment Takeaway

The business is showing a few weaker signals, but the current magnitude is not yet clear enough to conclude that this is a broader weakening phase. Even so, earnings quality still needs closer monitoring because net financial result remains elevated. The main risk still sits in core profitability, with net margin down 36.9 pp.

Watchpoint: the earnings mix still needs monitoring, with net financial result still accounting for 87.8% of PBT and CFO / net income currently at -0.14x.

Key risk: profitability remains under pressure, with trailing-12M net margin at -69.73% after a 36.9pp decline versus the same period last year.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	50.9	123.9	171.2	411.9	664.7
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	50.9	123.9	171.2	411.9	664.7
Cost of Goods Sold	121.4	117.0	159.4	433.5	0.0
Gross Profit	-70.5	7.0	11.8	-21.6	52.4
Financial Income	0.8	0.2	1.6	1.1	1.3
Financial Expenses	42.6	44.6	45.1	28.5	-26.4
Interest Expense	42.6	44.4	45.1	28.2	-26.1
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	—	0.0	0.0	0.6	-0.9
General and Administrative Expenses	7.4	8.4	14.1	17.6	-20.3
Operating Profit	-119.7	-45.9	-45.9	-67.2	6.3
Other Income	51.9	0.2	0.3	0.0	0.0
Other Expenses	3.4	10.4	3.3	6.8	0.0
Other Profit	48.5	-10.2	-3.0	-6.8	-3.0
Profit Before Tax	-71.2	-56.1	-48.9	-74.0	3.2
Current Income Tax Expense	—	0.0	0.0	0.0	-2.9
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	-71.2	-56.1	-48.9	-74.0	0.4
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	-71.2	-56.1	-48.9	-74.0	0.4
Earnings per Share	-9,402.00	-7,408.00	-6,449.00	-9,765.00	47.00
Diluted EPS	-9,401.62	-7,407.95	-6,448.51	-9,765.32	47.94

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	526.5	621.2	653.2	659.1	724.7
I. Cash and cash equivalents	0.8	0.4	0.4	1.2	18.3
1. Cash	0.8	0.4	0.4	1.2	0.0
2. Cash equivalents	—	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	0.0	0.0	0.0	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	—	0.0	0.0	0.0	0.0
III. Short-term receivables	83.8	179.1	149.3	133.6	115.9
1. Short-term trade accounts receivable	101.7	191.2	164.4	165.6	0.0
2. Short-term prepayments to suppliers	2.2	1.6	1.0	4.8	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	25.7	32.1	29.7	9.1	0.0
7. Provision for short-term doubtful debts (*)	-45.8	-45.8	-45.8	-45.8	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	441.0	441.7	503.4	524.1	575.6
1. Inventories	441.0	441.7	503.4	524.1	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	0.9	0.0	0.0	0.1	0.2
1. Short-term prepayments	—	0.0	0.0	0.1	0.0
2. Value added tax to be reclaimed	—	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	0.9	0.0	0.0	0.0	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	20.9	34.3	52.9	70.7	90.7
I. Long-term receivables	0.3	0.3	1.6	5.6	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	1.7
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	0.3	0.3	1.6	5.6	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	17.8	30.3	47.6	59.8	75.6
1. Tangible fixed assets	17.8	27.8	34.9	43.9	56.5
- Cost	240.1	263.9	260.9	260.9	0.0
- Accumulated depreciation	-222.3	-236.1	-226.0	-217.0	0.0
2. Financial leased fixed assets	—	2.4	12.4	15.4	18.5
- Cost	—	4.8	24.2	24.2	0.0
- Accumulated depreciation	—	-2.4	-11.8	-8.7	0.0
3. Intangible fixed assets	—	0.1	0.3	0.4	0.6
- Cost	2.3	2.3	2.3	2.3	0.0
- Accumulated depreciation	-2.3	-2.2	-2.0	-1.8	0.0
III. Investment properties	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	—	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	—	0.0	0.0	0.0	0.0
V. Long-term financial investments	0.2	0.2	0.2	0.6	0.6
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0	0.0
3. Investments in other entities	0.5	0.5	0.5	0.9	0.0
4. Provision for diminution in value of long-term investments	-0.3	-0.3	-0.3	-0.3	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	2.7	3.5	3.6	4.7	0.0
1. Long-term prepayments	2.7	3.5	3.6	4.7	0.0
2. Deferred income tax assets	—	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	0.0	0.0	0.0	0.0
4. Other long-term assets	—	0.0	0.0	0.0	12.8
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)	547.4	655.5	706.1	729.8	815.4
A. LIABILITIES (300=210+330)	650.0	686.9	681.4	656.2	667.9
I. Short -term liabilities	650.0	686.9	681.4	655.5	662.7
1. Short-term trade accounts payable	119.7	126.7	136.4	125.6	130.5
2. Short-term advances from customers	13.8	49.5	52.7	74.7	100.7
3. Taxes and other payables to state authorities	18.4	25.1	36.5	30.7	0.0
4. Payable to employees	46.8	27.5	36.0	39.5	0.0
5. Short-term acrrued expenses	143.7	101.2	58.7	14.3	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	0.9	0.7	0.7	0.7	0.0
9. Other short-term payables	76.2	66.0	61.7	54.5	0.0
10. Short-term borrowings and financial leases	228.7	288.4	296.8	313.5	323.4
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.8	1.8	1.8	2.0	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	—	0.0	0.0	0.7	5.1
1. Long-term trade payables	—	0.0	0.0	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	—	0.0	0.0	0.0	0.0
7. Other long-term liabilities	—	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	—	0.0	0.0	0.7	5.1
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	-102.6	-31.4	24.7	73.6	147.6
I. Owner's equity	-102.6	-31.4	24.7	73.6	0.0
1. Owner's capital	75.8	75.8	75.8	75.8	147.6
- Common stock with voting right	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	14.9	14.9	14.9	14.9	14.9
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0	0.0
5. Treasury shares	—	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	49.1	49.1	49.1	49.1	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	4.4	4.4	4.4	4.4	0.0
11. Undistributed earnings after tax	-246.8	-175.6	-119.4	-70.6	3.4
- Accumulated retained earning at the end of the previous period	-175.6	-119.4	-70.6	3.4	3.0
- Undistributed earnings in this period	-71.2	-56.1	-48.9	-74.0	0.4
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	547.4	655.5	706.1	729.8	815.4

Item	2025	2024	2023	2022	2021
Profit Before Tax	-71.2	-56.1	-48.9	-74.0	2.2
Depreciation of Fixed Assets and Investment Property	5.6	10.4	12.2	15.8	12.9
Provision (Increase)/Reversal	—	0.0	0.0	1.4	0.0
FX Gain/Loss from Revaluation of Monetary Items	0.0	0.2	-0.3	0.2	0.0
Gain/Loss from Investment Activities	-50.8	1.2	-0.4	-0.9	0.0
Interest Expense	42.6	44.4	45.1	28.2	0.0
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	-73.8	0.1	7.8	-29.3	31.3
Increase/(Decrease) in Receivables	94.4	-28.5	-11.4	-24.4	0.0
Increase/(Decrease) in Inventory	0.7	61.7	20.7	51.5	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-19.7	-26.0	-1.3	-7.4	0.0
Increase/(Decrease) in Prepaid Expenses	0.8	0.0	1.2	8.3	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-0.1	-1.9	-0.7	-14.5	0.0
Corporate Income Tax Paid	—	-2.7	-0.4	-2.1	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	—	0.0	-0.2	-1.5	0.0
Net Cash Flow from Operating Activities	2.3	2.7	15.7	-19.5	48.3
Payments for Fixed Assets and Other Long-term Assets	-0.1	-0.0	0.0	0.0	-0.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	57.7	5.7	0.0	0.0	1.9
Loans and Purchases of Debt Instruments	—	0.0	0.0	-4.5	-10.3
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	19.3	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.5	0.0	0.0
Dividends and Interest Income Received	0.1	0.0	0.4	1.6	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	57.8	5.7	0.9	16.4	-8.4
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	0.7	2.0	0.0	305.9	408.9
Repayment of Borrowings	-60.3	-7.7	-13.5	-317.4	-430.4
Repayment of Finance Leases	-0.1	-2.7	-4.0	-2.7	-8.6
Dividends Paid	—	-0.0	-0.0	-0.0	0.0
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	-59.7	-8.4	-17.5	-14.3	-30.1
Net Cash Flow During the Period	0.4	-0.0	-0.8	-17.4	3.3
Cash and Cash Equivalents at Beginning of Period	0.4	0.4	1.2	18.3	10.2
FX Difference from Revaluation	—	0.0	0.0	0.4	0.0
Cash and Cash Equivalents at End of Period	0.8	0.4	0.4	1.2	18.3

Item	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21
Revenue	9.1	13.4	14.4	39.3	27.9	50.9	53.1	132.6	83.7	94.9	100.7	200.6
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	9.1	13.4	14.4	39.3	27.9	50.9	53.1	132.6	83.7	94.9	100.7	200.6
Cost of Goods Sold	7.6	13.2	12.5	32.2	26.2	44.7	56.4	160.8	100.0	83.1	89.5	0.0
Gross Profit	1.5	0.2	1.9	7.2	1.7	6.2	-3.3	-28.3	-16.4	11.8	11.2	12.8
Financial Income	0.0	0.1	0.1	0.3	0.0	0.5	0.8	-0.0	0.3	0.8	0.1	0.9
Financial Expenses	12.2	11.5	11.0	12.5	11.6	11.5	9.5	8.8	6.9	6.6	6.1	-6.2
Interest Expense	12.2	11.5	11.0	12.5	11.6	11.5	9.5	8.6	6.9	6.6	6.1	-6.2
Share of Associates and Joint Ventures	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.2	0.2	0.2	-0.2
General and Administrative Expenses	1.8	2.3	1.9	3.2	2.4	5.9	2.7	4.9	4.2	4.5	3.8	-5.4
Operating Profit	-12.5	-13.4	-11.0	-8.2	-12.2	-10.7	-14.6	-42.0	-27.4	1.2	1.2	1.9
Other Income	5.7	0.2	0.0	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Expenses	7.9	1.5	3.8	1.1	0.7	0.8	0.6	5.2	0.6	0.5	0.5	0.0
Other Profit	-2.1	-1.3	-3.8	-0.8	-0.7	-0.8	-0.6	-5.1	-0.6	-0.5	-0.5	-0.8
Profit Before Tax	-14.6	-14.7	-14.8	-9.0	-12.9	-11.6	-15.3	-47.2	-28.0	0.6	0.7	1.1
Current Income Tax Expense	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.6	0.7	-0.7
Deferred Income Tax Expense	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 Income	-14.6	-14.7	-14.8	-9.0	-12.9	-11.6	-15.3	-47.2	-28.0	0.0	0.0	0.4
Non-controlling 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
Profit Attributable to Parent	-14.6	-14.7	-14.8	-9.0	-12.9	-11.6	-15.3	-47.2	-28.0	0.0	0.0	0.4
Earnings per Share	-1,926.00	-1,942.00	-1,953.00	-1,189.00	-1,707.00	-1,526.00	-2,013.00	-6,229.00	-3,691.00	0.24	0.28	46.00
Diluted EPS	-1,926.17	-1,941.58	-1,953.32	-1,188.91	-1,707.14	-1,526.18	-2,012.90	-6,229.37	-3,690.87	0.24	0.28	46.48

Item	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22	Q4'21
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	639.7	634.7	642.2	649.2	660.6	657.0	641.0	659.1	737.1	780.2	709.9	724.7
I. Cash and cash equivalents	0.2	0.6	0.2	0.4	1.2	1.1	6.2	1.2	8.4	6.4	3.8	18.3
1. Cash	0.2	0.6	0.2	0.4	1.2	1.1	6.2	1.2	6.8	4.8	2.2	0.0
2. Cash equivalents	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.6	1.6	1.6	0.0
II. Short-term financial investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	19.3	19.3	19.3	0.0
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	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	19.3	19.3	19.3	0.0
III. Short-term receivables	132.1	132.3	137.2	145.3	150.1	146.9	125.5	133.6	249.7	113.1	106.2	115.9
1. Short-term trade accounts receivable	137.6	138.8	141.9	164.4	167.3	167.2	150.7	165.6	123.8	137.3	138.7	0.0
2. Short-term prepayments to suppliers	1.1	1.0	1.2	1.0	1.5	1.1	2.0	4.8	10.2	11.3	4.6	0.0
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	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. Other short-term receivables	39.1	38.4	40.0	25.7	27.2	24.4	18.6	9.1	9.2	8.9	7.3	0.0
7. Provision for short-term doubtful debts (*)	-45.8	-45.8	-45.8	-45.8	-45.8	-45.8	-45.8	-45.8	-44.5	-44.3	-44.3	0.0
8. Assets awaiting resolution	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	151.0	0.0	0.0	0.0
IV. Inventories	507.4	501.8	504.8	503.4	509.3	509.0	509.2	524.1	459.3	641.1	580.2	575.6
1. Inventories	507.4	501.8	504.8	503.4	509.3	509.0	509.2	524.1	459.3	641.1	580.2	0.0
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	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.4	0.3	0.4	0.2
1. Short-term prepayments	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.4	0.3	0.4	0.0
2. Value added tax to be reclaimed	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. Taxes and other receivables from state authorities	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. 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)	36.2	46.9	49.9	56.9	60.1	63.2	67.1	70.7	71.9	77.5	89.0	90.7
I. Long-term receivables	0.3	1.6	1.6	5.6	5.6	5.6	5.6	5.6	1.7	1.7	6.5	0.0
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	1.7
2. Long-term prepayments to suppliers	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Capital at inter-company	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term loan receivables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	0.3	1.6	1.6	5.6	5.6	5.6	5.6	5.6	1.7	1.7	6.5	0.0
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	32.2	41.7	44.6	47.6	50.6	53.7	56.7	59.8	63.6	67.6	71.6	75.6
1. Tangible fixed assets	29.5	30.6	32.7	34.9	37.1	39.4	41.6	43.9	46.9	50.1	53.3	56.5
- Cost	263.9	260.9	260.9	260.9	260.9	260.9	260.9	260.9	260.9	260.9	260.9	0.0
- Accumulated depreciation	-234.4	-230.3	-228.2	-226.0	-223.8	-221.6	-219.3	-217.0	-214.0	-210.9	-207.7	0.0
2. Financial leased fixed assets	2.5	10.9	11.7	12.4	13.2	13.9	14.7	15.4	16.2	17.0	17.7	18.5
- 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	0.2	0.2	0.2	0.3	0.3	0.4	0.4	0.4	0.5	0.5	0.6	0.6
- 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
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	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. 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	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. Long-term financial investments	0.2	0.2	0.2	0.2	0.2	0.2	0.6	0.6	0.6	0.6	0.6	0.6
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	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. Investments in other entities	0.5	0.5	0.5	0.5	0.5	0.5	0.9	0.9	0.9	0.9	0.9	0.0
4. Provision for diminution in value of long-term investments	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	-0.3	0.0
5. Held to maturity investments	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	3.5	3.4	3.5	3.6	3.7	3.8	4.2	4.7	6.0	7.6	10.2	0.0
1. Long-term prepayments	3.5	3.4	3.5	3.6	3.7	3.8	4.2	4.7	6.0	7.6	10.2	0.0
2. Deferred income tax 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
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	12.8
5. 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
VII. Goodwill (before 2015)	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 ASSETS (280=100+200)	675.9	681.6	692.1	706.1	720.7	720.2	708.1	729.8	809.0	857.7	798.8	815.4
A. LIABILITIES (300=210+330)	695.3	686.4	682.2	681.3	686.8	673.4	649.7	656.2	688.2	710.1	651.2	667.9
I. Short -term liabilities	695.3	686.4	682.2	681.3	686.8	673.4	649.5	655.5	686.5	707.2	647.2	662.7
1. Short-term trade accounts payable	123.0	125.7	126.4	136.4	129.9	132.2	122.2	125.6	116.9	124.3	121.7	130.5
2. Short-term advances from customers	56.6	52.8	56.8	52.7	73.1	69.6	69.3	74.7	83.1	91.4	96.9	100.7
3. Taxes and other payables to state authorities	36.0	37.4	38.1	36.5	34.1	33.7	30.1	30.7	21.2	19.9	21.6	0.0
4. Payable to employees	30.5	28.1	30.3	36.0	35.4	37.2	37.6	39.5	44.1	40.3	32.3	0.0
5. Short-term acrrued expenses	91.4	80.8	69.4	58.6	49.5	35.1	23.7	14.3	5.9	1.0	0.5	0.0
6. Short-term inter-company payables	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	0.0	0.0	0.0	0.7	0.0	0.0	0.7	0.7	0.0	0.0	0.0	0.0
9. Other short-term payables	65.4	64.2	63.1	61.7	60.4	59.2	56.3	54.5	52.6	50.7	46.5	0.0
10. Short-term borrowings and financial leases	290.4	295.5	296.3	296.8	302.5	304.6	307.6	313.5	360.6	377.6	0.0	323.4
11. Provision for short-term liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	324.1	0.0
12.. Bonus and welfare fund	1.8	1.8	1.8	1.8	1.8	1.8	2.0	2.0	2.0	2.0	3.6	0.0
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	0.0	0.0	0.0	0.0	0.0	0.0	0.2	0.7	1.8	2.8	4.0	5.1
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	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. Long-term borrowings and financial leases	0.0	0.0	0.0	0.0	0.0	0.0	0.2	0.7	1.8	2.8	4.0	5.1
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)	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Fund for technology development	0.0	0.0	0.0	0.0	0.0	0.0	0.0	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)	-19.4	-4.8	9.9	24.8	33.9	46.8	58.4	73.6	120.8	147.6	147.6	147.6
I. Owner's equity	-19.4	-4.8	9.9	24.8	33.9	46.8	58.4	73.6	120.8	147.6	147.6	0.0
1. Owner's capital	75.8	75.8	75.8	75.8	75.8	75.8	75.8	75.8	75.8	75.8	75.8	147.6
- Common stock with voting right	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00	75,762,000,000.00
- Preferred stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	14.9	14.9	14.9	14.9	0.0	14.9	14.9	14.9	14.9	14.9	14.9	14.9
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	0.00	0.00	0.00	0.00	14,925,000,000.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	0.0	0.0	0.0	0.0	49.1	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	49.1	49.1	49.1	49.1	0.0	49.1	49.1	49.1	49.1	49.1	49.1	0.0
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	4.4	4.4	4.4	4.4	4.4	4.4	4.4	4.4	4.4	4.4	4.4	0.0
11. Undistributed earnings after tax	-163.5	-149.0	-134.2	-119.3	-110.3	-97.4	-85.8	-70.6	-23.4	3.4	3.4	3.4
- Accumulated retained earning at the end of the previous period	-119.4	-119.4	-119.4	-70.6	-70.6	-70.6	-70.6	3.4	3.4	3.4	3.4	3.0
- Undistributed earnings in this period	-44.1	-29.5	-14.8	-48.8	-39.7	-26.8	-15.3	-74.0	-26.8	0.0	0.0	0.4
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	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. 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)	675.9	681.6	692.1	706.1	720.7	720.2	708.1	729.8	809.0	857.7	798.8	815.4

Item	Q4'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23	Q4'22	Q3'22	Q2'22	Q1'22
Profit Before Tax	-71.2	-14.6	-14.7	-14.8	-9.1	-12.9	-11.6	-15.3	-47.2	-28.0	0.5	0.7
Depreciation of Fixed Assets and Investment Property	5.6	2.5	2.9	3.0	3.0	3.0	3.0	3.1	3.8	4.0	4.0	4.0
Provision (Increase)/Reversal	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.4	0.0	0.1	-0.1
FX Gain/Loss from Revaluation of Monetary Items	0.0	0.0	0.0	0.0	-0.2	0.0	0.6	-0.8	0.4	-0.0	-0.2	-0.0
Gain/Loss from Investment Activities	-50.8	0.0	0.0	0.0	-0.0	0.0	-0.4	0.0	-0.2	0.0	-0.6	-0.1
Interest Expense	42.6	12.2	11.5	11.0	12.6	11.6	11.5	9.5	8.6	6.9	6.6	6.1
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
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
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
Other Adjustments	—	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	-73.8	0.1	-0.3	-0.8	6.3	1.7	3.2	-3.4	-33.2	-17.1	10.5	10.6
Increase/(Decrease) in Receivables	94.4	1.1	-1.5	12.1	5.3	-8.2	-12.6	4.1	109.4	-137.1	-1.2	4.5
Increase/(Decrease) in Inventory	0.7	-5.7	3.0	-1.4	5.9	-0.3	0.1	14.9	-64.8	181.8	-59.4	-6.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-19.7	9.8	-0.0	-9.4	-12.4	9.2	6.7	-4.8	7.9	-7.4	5.3	-13.1
Increase/(Decrease) in Prepaid Expenses	0.8	-0.1	0.1	0.0	0.3	0.0	0.5	0.5	1.5	1.6	2.6	2.6
Changes in Trading Securities	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-0.1	-1.6	-0.0	-0.3	-0.5	-0.1	-0.1	-0.1	-0.3	-2.0	-6.2	-6.1
Corporate Income Tax Paid	—	0.0	0.0	0.0	0.0	0.0	-0.4	0.0	0.0	0.0	-0.2	-2.0
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
Other Operating Payments	—	0.0	0.0	0.0	0.0	-0.0	-0.2	0.0	0.0	0.0	-1.5	0.0
Net Cash Flow from Operating Activities	2.3	3.7	1.2	0.3	5.0	2.2	-2.7	11.3	20.4	19.8	-50.1	-9.6
Payments for Fixed Assets and Other Long-term Assets	-0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	57.7	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-0.0	0.0	0.0	-4.5
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	0.0	-0.5	0.5	0.0	0.0	19.3	0.0	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	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	0.5	-0.5	0.5	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.1	0.0	0.0	0.0	0.0	0.0	0.4	0.0	1.0	0.3	0.3	0.1
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
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
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
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
Net Cash Flow from Investing Activities	57.8	0.0	0.0	0.0	0.0	0.0	0.9	0.0	20.3	0.3	0.3	-4.4
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	0.7	2.0	0.0	0.0	0.0	0.0	0.0	0.0	7.6	23.8	177.4	97.1
Repayment of Borrowings	-60.3	-2.0	-0.4	0.0	-4.7	-1.1	-2.2	-5.5	-55.5	-41.3	-123.9	-96.8
Repayment of Finance Leases	-0.1	-4.2	-0.4	-0.5	-0.9	-1.0	-1.1	-1.0	-0.2	-0.6	-1.2	-0.8
Dividends Paid	—	-0.0	-0.0	0.0	-0.0	0.0	0.0	0.0	-0.0	0.0	0.0	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
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
Net Cash Flow from Financing Activities	-59.7	-4.2	-0.8	-0.5	-5.6	-2.1	-3.2	-6.5	-48.1	-18.1	52.4	-0.5
Net Cash Flow During the Period	0.4	-0.5	0.4	-0.2	-0.7	0.1	-5.1	4.8	-7.4	1.9	2.6	-14.5
Cash and Cash Equivalents at Beginning of Period	0.4	0.4	0.4	0.4	1.2	1.2	1.2	1.2	18.3	18.3	18.3	18.3
FX Difference from Revaluation	—	0.0	0.0	0.0	-0.0	0.0	-0.0	0.1	0.2	0.1	-0.0	0.1
Cash and Cash Equivalents at End of Period	0.8	0.2	0.6	0.2	0.4	1.2	1.1	6.2	1.2	8.4	6.4	3.8

Explore Other Stocks In The Same Sector

VCG, SJG, PC1, LLM, CTD, DPG, SCG, L40, HBC, CC1, DSH, L18, DC4, LHC, ICN, SJE, LCG, S55, HMS, TED, CIG, TCD, S99, PVV, FCN, C4G, DCF, HAN, TTL, HEC, SDT, C47, ACC, GTS, CCC, HVH, SC5, L10, VSI, VC6, CHS, PQN, LIG, CMS, TSA, TA9, G36, XMC, VIW, SRF, SD5, MST, PHC, BMK, DLR, VCC, ICG, HTN, VC2, DIH, DRH, LM8, CDC, ALV, PPS, PXS, HC1, V12, DC1, XLV, GH3, HFB, SD2, VC1, DC2, NDX, CT6, CH5, HU1, VE1, L12, E29, SJM, QTC, VE9, TV6, VSE, LMI, RCC, HTE, PXT, C92, PEN, PTD, CID, PVX, TA6, CDR, RCD, QCC, SCI, TL4, CDO, L63, PTO, VC9, TEL, LG9, CX8, CT3, PXI, CI5, TS3, ICI, MES, LM3, ACS, LCD, H11, VE4, VE3, CIP, MCO, PVA, S12, SDP, L35, VCE, SD7, VE2, CLG, LUT, HU3, HAS, LO5, L43, SD4, TST, VW3, E12, L45, PVH, VMC, MCG, SDD, LCS, VXB, VE8, LM7, MEC, UDC, SD6, SHG, L62, VVN, TKC, DFF, C12, L44, NTB, S96, SD8, SDB, TNM, VC5

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

L61

What Is Changing

Drivers of L61's profit

Financial Highlights

Is the profit sustainable?

What is driving the margin? ▼▼

Is capital being used efficiently?

Is capital being deployed efficiently? ▲

Balance Sheet ●

Working Capital Efficiency ▼▼

Is financial risk significant?

Leverage & Liquidity ▼▼

Cash Flow ▼

Investment Takeaway

Statement Data

What is driving the margin?

Is capital being deployed efficiently?

Balance Sheet

Working Capital Efficiency

Leverage & Liquidity

Cash Flow