NAF
Listed Company · HOSE
Price
49,050
Latest close
03 Apr 2026
P/E
18.9x
EPS
(TTM)
2,596
ROE
(TTM)
16.5%
P/B
3.8x
BVPS
(Latest)
12,821
ROA
(TTM)
6.7%
What Is Changing
NAF no longer looks like a business simply rebounding from a weak base. Revenue posted +43.6% YoY, while net margin reached 7.05% with an additional -1.1pp 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 145.6bn in 2025.
- Revenue growth accelerated to 43.6% in 2025, up 60.7pp versus the prior year.
- Net margin declined from 8.10% in the prior period to 7.05% in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 2,063.7 | 1,437.0 | 1,733.3 | 1,766.5 | 1,616.5 |
| Growth | +44% | -17% | -2% | +9% | — |
| Net Income | 145.6 | 116.4 | 109.9 | 79.8 | 82.4 |
| Net Margin | 7.05% | 8.10% | 6.34% | 4.52% | 5.10% |
| 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 | 405.7 | 627.9 | 680.1 | 349.8 | 327.9 | 358.3 | 441.0 | 310.7 | 377.0 | 507.2 | 445.8 | 402.4 |
| Growth | -35% | -8% | +94% | +7% | -8% | -19% | +42% | -18% | -26% | +14% | +11% | — |
| Net Income | 30.7 | 43.8 | 58.7 | 12.9 | 26.0 | 28.1 | 51.1 | 13.6 | 14.0 | 34.2 | 48.3 | 13.4 |
| Net Margin | 7.56% | 6.98% | 8.63% | 3.69% | 7.93% | 7.85% | 11.60% | 4.39% | 3.72% | 6.74% | 10.83% | 3.32% |
Financial Statements
Profitability
Net margin reached 7.05% while Revenue posted +43.6% YoY.
Balance Sheet
Inventory stood at 220.3bn, liabilities at 1,539.0bn, and equity at 784.1bn.
Cash Flow
Operating cash flow was 89.6bn in 2025, while investing cash flow was -198.0bn.
Financing cash flow: 108.8bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
2,134.1 | 1,458.3 | 1,754.6 | 1,817.8 | 1,629.3 |
|
Revenue Deductions
|
70.4 | 21.3 | 21.2 | 51.3 | 0.0 |
|
Net Revenue
|
2,063.7 | 1,437.0 | 1,733.3 | 1,766.5 | 1,616.5 |
|
Cost of Goods Sold
|
1,594.7 | 1,031.4 | 1,263.6 | 1,390.7 | 0.0 |
|
Gross Profit
|
469.0 | 405.6 | 469.7 | 375.9 | 296.7 |
|
Financial Income
|
35.9 | 36.0 | 34.7 | 28.7 | 25.0 |
|
Financial Expenses
|
85.6 | 68.2 | 75.6 | 49.0 | -42.7 |
|
Interest Expense
|
71.8 | 52.0 | 45.7 | 27.4 | -32.3 |
|
Share of Associates and Joint Ventures
|
— | 0.0 | 0.0 | -0.8 | 0.1 |
|
Selling Expenses
|
116.1 | 122.8 | 135.2 | 190.4 | -148.1 |
|
General and Administrative Expenses
|
129.2 | 121.6 | 170.2 | 66.0 | -35.7 |
|
Operating Profit
|
174.1 | 129.0 | 123.5 | 98.4 | 95.4 |
|
Other Income
|
3.4 | 34.8 | 24.2 | 6.9 | 0.0 |
|
Other Expenses
|
4.2 | 23.7 | 15.3 | 12.4 | 0.0 |
|
Other Profit
|
-0.8 | 11.1 | 8.9 | -5.5 | -0.6 |
|
Profit Before Tax
|
173.3 | 140.1 | 132.4 | 92.9 | 94.8 |
|
Current Income Tax Expense
|
24.7 | 20.4 | 25.0 | 10.6 | -12.4 |
|
Deferred Income Tax Expense
|
3.0 | 3.3 | -2.5 | 2.5 | 0.0 |
|
Net Income
|
145.6 | 116.4 | 109.9 | 79.8 | 82.4 |
|
Non-controlling Interest
|
0.3 | 0.2 | 0.2 | 0.1 | 0.1 |
|
Profit Attributable to Parent
|
145.3 | 116.2 | 109.7 | 79.7 | 82.3 |
|
Earnings per Share
|
2,566.00 | 2,089.00 | 2,170.00 | 1,576.00 | 1,370.00 |
|
Diluted EPS
|
2,374.65 | 2,088.86 | 2,170.13 | 1,576.48 | 1,307.57 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
1,117.3 | 991.1 | 1,016.6 | 1,166.8 | 1,032.9 |
|
I. Cash and cash equivalents
|
54.7 | 54.4 | 62.4 | 54.0 | 51.7 |
|
1. Cash
|
12.4 | 22.2 | 21.7 | 14.8 | 0.0 |
|
2. Cash equivalents
|
42.3 | 32.2 | 40.7 | 39.2 | 0.0 |
|
II. Short-term financial investments
|
122.0 | 95.8 | 119.9 | 12.5 | 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
|
122.0 | 95.8 | 119.9 | 12.5 | 0.0 |
|
III. Short-term receivables
|
614.8 | 571.7 | 497.6 | 907.8 | 801.4 |
|
1. Short-term trade accounts receivable
|
397.6 | 334.7 | 348.4 | 400.1 | 0.0 |
|
2. Short-term prepayments to suppliers
|
132.1 | 79.5 | 95.8 | 116.2 | 0.0 |
|
3. Short-term inter-company receivables
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Construction contract progress receipts due from customers
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Short-term loan receivables
|
58.9 | 73.1 | 42.7 | 39.5 | 0.0 |
|
6. Other short-term receivables
|
80.0 | 153.5 | 108.8 | 383.6 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-53.9 | -69.3 | -98.2 | -31.7 | 0.0 |
|
8. Assets awaiting resolution
|
0.1 | 0.2 | 0.2 | 0.0 | 0.0 |
|
IV. Inventories
|
220.3 | 211.2 | 267.2 | 157.8 | 127.7 |
|
1. Inventories
|
222.3 | 212.9 | 273.5 | 161.1 | 0.0 |
|
2. Provision for decline in value of inventories
|
-2.0 | -1.8 | -6.3 | -3.3 | 0.0 |
|
V. Other short-term assets
|
105.6 | 58.0 | 69.5 | 34.7 | 51.9 |
|
1. Short-term prepayments
|
8.4 | 8.4 | 13.0 | 6.9 | 0.0 |
|
2. Value added tax to be reclaimed
|
96.9 | 49.5 | 51.1 | 27.4 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
0.3 | 0.0 | 5.4 | 0.3 | 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)
|
1,205.8 | 1,037.9 | 1,026.6 | 577.0 | 625.1 |
|
I. Long-term receivables
|
149.4 | 134.5 | 105.6 | 98.5 | 0.0 |
|
1. Long-term trade receivables
|
— | 0.0 | 0.0 | 0.0 | 1.2 |
|
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
|
11.6 | 0.0 | 0.0 | 0.7 | 0.0 |
|
6. Other long-term receivables
|
137.8 | 134.5 | 105.6 | 97.8 | 0.0 |
|
7. Provision for long-term doubtful debts
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
678.9 | 654.8 | 664.1 | 418.1 | 364.1 |
|
1. Tangible fixed assets
|
587.5 | 505.0 | 524.6 | 335.1 | 296.2 |
|
- Cost
|
970.8 | 819.8 | 776.1 | 445.7 | 0.0 |
|
- Accumulated depreciation
|
-383.3 | -314.8 | -251.5 | -110.6 | 0.0 |
|
2. Financial leased fixed assets
|
85.2 | 60.8 | 46.0 | 7.4 | 0.0 |
|
- Cost
|
105.0 | 71.0 | 49.4 | 7.4 | 0.0 |
|
- Accumulated depreciation
|
-19.8 | -10.2 | -3.4 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
6.2 | 89.0 | 93.5 | 75.6 | 67.9 |
|
- Cost
|
16.3 | 106.7 | 106.3 | 83.9 | 0.0 |
|
- Accumulated depreciation
|
-10.1 | -17.7 | -12.8 | -8.3 | 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
|
63.6 | 5.9 | 12.4 | 3.0 | 12.7 |
|
1. Long-term production in progress
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
63.6 | 5.9 | 12.4 | 3.0 | 0.0 |
|
V. Long-term financial investments
|
2.0 | 2.0 | 2.0 | 21.0 | 219.6 |
|
1. Investments in subsidiaries
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
— | 0.0 | 0.0 | 19.0 | 0.0 |
|
3. Investments in other entities
|
— | 0.0 | 0.0 | 3.1 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
— | 0.0 | 0.0 | -3.1 | 0.0 |
|
5. Held to maturity investments
|
2.0 | 2.0 | 2.0 | 2.0 | 0.0 |
|
6. Other long-term investments
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
311.9 | 240.7 | 242.6 | 36.4 | 0.0 |
|
1. Long-term prepayments
|
156.6 | 65.0 | 46.2 | 36.2 | 0.0 |
|
2. Deferred income tax assets
|
0.2 | 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 | 27.6 |
|
5. Goodwill
|
155.0 | 175.7 | 196.4 | 0.2 | 0.0 |
|
VII. Goodwill (before 2015)
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
2,323.1 | 2,029.0 | 2,043.2 | 1,743.7 | 1,658.0 |
|
A. LIABILITIES (300=210+330)
|
1,539.0 | 1,044.0 | 1,055.3 | 851.6 | 816.8 |
|
I. Short -term liabilities
|
1,001.3 | 856.5 | 964.5 | 772.3 | 700.0 |
|
1. Short-term trade accounts payable
|
121.0 | 56.2 | 80.0 | 126.3 | 186.3 |
|
2. Short-term advances from customers
|
9.7 | 10.3 | 23.1 | 23.7 | 19.2 |
|
3. Taxes and other payables to state authorities
|
39.9 | 34.3 | 32.0 | 13.6 | 0.0 |
|
4. Payable to employees
|
1.8 | 0.8 | 15.2 | 12.7 | 0.0 |
|
5. Short-term acrrued expenses
|
49.4 | 41.2 | 50.3 | 7.0 | 0.0 |
|
6. Short-term inter-company payables
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Construction contract progress payments due to suppliers
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Short-term unearned revenue
|
0.1 | 0.1 | 0.0 | 0.0 | 0.0 |
|
9. Other short-term payables
|
8.3 | 12.6 | 6.7 | 4.1 | 0.0 |
|
10. Short-term borrowings and financial leases
|
771.0 | 692.1 | 746.9 | 578.5 | 449.7 |
|
11. Provision for short-term liabilities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
12.. Bonus and welfare fund
|
0.0 | 9.0 | 10.4 | 6.5 | 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
|
537.7 | 187.5 | 90.8 | 79.3 | 116.8 |
|
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
|
0.2 | 0.3 | 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
|
502.7 | 155.6 | 62.4 | 74.9 | 114.9 |
|
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
|
34.8 | 31.6 | 28.3 | 4.4 | 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)
|
784.1 | 985.0 | 988.0 | 892.2 | 841.2 |
|
I. Owner's equity
|
784.1 | 985.0 | 988.0 | 892.2 | 0.0 |
|
1. Owner's capital
|
682.7 | 653.0 | 629.2 | 629.2 | 841.2 |
|
- Common stock with voting right
|
611.8 | 556.2 | 505.6 | 505.6 | 629.2 |
|
- Preferred stock
|
70.8 | 96.8 | 123.6 | 123.6 | 0.0 |
|
2. Share premium
|
— | 21.2 | 67.2 | 67.2 | 67.2 |
|
3. Convertible bond option
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
-227.6 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Treasury shares
|
-0.0 | -0.0 | -0.0 | -0.0 | 0.0 |
|
6. Assets revaluation differences
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Foreign exchange differences
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
12.4 | 32.2 | 59.1 | 59.1 | 0.0 |
|
9. Fund to support corporate restructuring
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Undistributed earnings after tax
|
315.5 | 277.6 | 231.5 | 135.9 | 105.2 |
|
- Accumulated retained earning at the end of the previous period
|
170.2 | 161.4 | 121.8 | 56.2 | 22.9 |
|
- Undistributed earnings in this period
|
145.3 | 116.2 | 109.7 | 79.7 | 82.3 |
|
12. Reserves for investment in construction
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
1.2 | 0.9 | 0.9 | 0.7 | 0.7 |
|
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)
|
2,323.1 | 2,029.0 | 2,043.2 | 1,743.7 | 1,658.0 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
173.3 | 140.1 | 132.4 | 92.9 | 94.8 |
|
Depreciation of Fixed Assets and Investment Property
|
101.7 | 95.9 | 61.4 | 29.2 | 26.6 |
|
Provision (Increase)/Reversal
|
-15.1 | -26.4 | 65.8 | 7.4 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
0.1 | -0.3 | 7.4 | 2.1 | 0.0 |
|
Gain/Loss from Investment Activities
|
-10.1 | -15.7 | -12.0 | -1.6 | 0.0 |
|
Interest Expense
|
71.8 | 52.0 | 45.7 | 27.4 | 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
|
321.7 | 245.5 | 300.8 | 157.3 | 153.6 |
|
Increase/(Decrease) in Receivables
|
-62.3 | -18.6 | 126.0 | -29.7 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-9.4 | 60.6 | -49.3 | -16.9 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
-24.0 | -68.5 | -181.8 | -63.3 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
-30.1 | -14.2 | -12.8 | -8.0 | 0.0 |
|
Changes in Trading Securities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-63.1 | -50.2 | -45.0 | -27.4 | 0.0 |
|
Corporate Income Tax Paid
|
-13.3 | -12.3 | -10.7 | -2.5 | 0.0 |
|
Other Operating Receipts
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-29.9 | -33.8 | -2.1 | -7.3 | 0.0 |
|
Net Cash Flow from Operating Activities
|
89.6 | 108.4 | 125.0 | 2.3 | 100.2 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-205.7 | -95.5 | -151.9 | -84.3 | -97.7 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
21.6 | 23.1 | 5.8 | 17.4 | 1.0 |
|
Loans and Purchases of Debt Instruments
|
-167.9 | -189.3 | -155.9 | -16.2 | -146.6 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
144.3 | 183.0 | 60.9 | 18.5 | 80.4 |
|
Investments in Other Entities
|
0.1 | 0.0 | -28.1 | 0.0 | 0.0 |
|
Proceeds from Investments in Other Entities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
9.6 | 10.1 | 10.1 | 4.5 | 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
|
-198.0 | -68.6 | -259.1 | -60.1 | -131.7 |
|
Proceeds from Equity Issuance and Capital Contributions
|
— | 0.0 | 0.0 | 0.0 | 30.0 |
|
Share Repurchases
|
-303.8 | -72.8 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
3,166.0 | 2,444.2 | 1,823.3 | 1,412.9 | 1,287.4 |
|
Repayment of Borrowings
|
-2,702.8 | -2,389.3 | -1,661.4 | -1,335.3 | -1,247.6 |
|
Repayment of Finance Leases
|
-37.2 | -16.5 | -5.9 | -4.1 | 0.0 |
|
Dividends Paid
|
-13.4 | -13.4 | -13.4 | -13.4 | -13.4 |
|
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
|
108.8 | -47.8 | 142.5 | 60.1 | 56.3 |
|
Net Cash Flow During the Period
|
0.4 | -8.0 | 8.4 | 2.2 | -1.3 |
|
Cash and Cash Equivalents at Beginning of Period
|
54.4 | 62.4 | 54.0 | 51.7 | 26.9 |
|
FX Difference from Revaluation
|
-0.0 | -0.0 | 0.0 | 0.1 | -0.0 |
|
Cash and Cash Equivalents at End of Period
|
54.7 | 54.4 | 62.4 | 54.0 | 51.7 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
415.0 | 653.8 | 705.6 | 359.4 | 338.2 | 360.1 | 448.0 | 312.2 | 379.0 | 512.1 | 456.7 | 406.9 |
|
Revenue Deductions
|
9.3 | 25.9 | 25.6 | 9.6 | 10.3 | 1.8 | 7.0 | 1.5 | 1.9 | 4.9 | 10.9 | 4.4 |
|
Net Revenue
|
405.7 | 627.9 | 680.1 | 349.8 | 327.9 | 358.3 | 441.0 | 310.7 | 377.0 | 507.2 | 445.8 | 402.4 |
|
Cost of Goods Sold
|
312.7 | 481.4 | 509.3 | 290.9 | 248.5 | 261.4 | 304.9 | 218.4 | 244.6 | 379.4 | 318.9 | 318.0 |
|
Gross Profit
|
93.1 | 146.5 | 170.8 | 59.0 | 79.4 | 96.9 | 136.1 | 92.3 | 132.5 | 127.8 | 126.9 | 84.5 |
|
Financial Income
|
7.2 | 12.1 | 10.1 | 8.7 | 14.6 | 8.7 | 8.5 | 5.9 | -13.2 | 32.5 | 8.7 | 7.7 |
|
Financial Expenses
|
28.1 | 25.3 | 19.0 | 15.8 | 17.9 | 18.3 | 19.9 | 12.0 | 24.9 | 16.5 | 21.1 | 12.0 |
|
Interest Expense
|
21.5 | 20.4 | 16.0 | 13.8 | 13.1 | 13.9 | 11.6 | 10.6 | 12.3 | 12.5 | 13.0 | 9.6 |
|
Share of Associates and Joint Ventures
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | -0.5 | 0.0 |
|
Selling Expenses
|
23.5 | 36.5 | 34.9 | 21.4 | 21.3 | 26.2 | 40.7 | 33.4 | 29.3 | 47.4 | 23.9 | 35.0 |
|
General and Administrative Expenses
|
10.6 | 47.2 | 58.3 | 12.4 | 22.8 | 26.2 | 36.7 | 35.4 | 52.2 | 56.9 | 35.6 | 29.8 |
|
Operating Profit
|
38.1 | 49.6 | 68.8 | 18.1 | 32.0 | 34.8 | 47.3 | 17.3 | 12.9 | 40.1 | 54.5 | 15.3 |
|
Other Income
|
-0.2 | 2.8 | 0.4 | 0.9 | 2.2 | 1.0 | 30.0 | 0.5 | 11.4 | 11.6 | 1.1 | 0.7 |
|
Other Expenses
|
2.4 | 0.7 | 0.1 | 1.4 | 1.6 | 1.0 | 18.4 | 0.4 | 4.9 | 9.2 | 1.7 | 0.6 |
|
Other Profit
|
-2.6 | 2.1 | 0.2 | -0.5 | 0.5 | -0.0 | 11.6 | 0.0 | 6.5 | 2.4 | -0.6 | 0.1 |
|
Profit Before Tax
|
35.5 | 51.7 | 69.0 | 17.6 | 32.6 | 34.8 | 59.0 | 17.3 | 19.4 | 42.5 | 53.8 | 15.4 |
|
Current Income Tax Expense
|
3.9 | 8.4 | 7.3 | 5.3 | -0.8 | 10.5 | 8.6 | 4.4 | 10.6 | 8.4 | 5.4 | 2.2 |
|
Deferred Income Tax Expense
|
1.0 | -0.6 | 3.0 | -0.6 | 7.4 | -3.9 | -0.7 | -0.7 | -5.2 | -0.2 | 0.1 | -0.2 |
|
Net Income
|
30.7 | 43.8 | 58.7 | 12.9 | 26.0 | 28.1 | 51.1 | 13.6 | 14.0 | 34.2 | 48.3 | 13.4 |
|
Non-controlling Interest
|
0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | -0.0 | 0.1 | 0.1 | 0.1 |
|
Profit Attributable to Parent
|
30.6 | 43.7 | 58.6 | 12.9 | 26.0 | 28.1 | 51.1 | 13.6 | 14.0 | 34.0 | 48.2 | 13.3 |
|
Earnings per Share
|
514.00 | 786.00 | 1,053.00 | 243.00 | 498.00 | 551.00 | 1,010.00 | 269.00 | 278.00 | 541.00 | 766.00 | 212.00 |
|
Diluted EPS
|
499.89 | 785.99 | 1,053.06 | 232.12 | 466.91 | 504.44 | 1,009.83 | 269.14 | 277.76 | 673.37 | 953.76 | 263.43 |
| 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)
|
1,139.8 | 1,525.5 | 1,531.9 | 1,218.1 | 1,001.5 | 1,125.8 | 1,154.9 | 1,151.7 | 1,015.8 | 1,076.5 | 1,283.2 | 1,226.2 |
|
I. Cash and cash equivalents
|
54.7 | 69.5 | 71.0 | 49.2 | 54.4 | 57.0 | 54.2 | 82.7 | 62.4 | 77.5 | 61.7 | 62.9 |
|
1. Cash
|
12.4 | 14.0 | 17.4 | 7.1 | 22.2 | 17.5 | 14.7 | 43.4 | 21.7 | 37.1 | 21.6 | 23.5 |
|
2. Cash equivalents
|
42.3 | 55.5 | 53.6 | 42.1 | 32.2 | 39.5 | 39.4 | 39.3 | 40.7 | 40.4 | 40.1 | 39.4 |
|
II. Short-term financial investments
|
122.0 | 142.3 | 134.9 | 124.6 | 95.8 | 185.1 | 169.2 | 168.3 | 117.4 | 88.8 | 49.6 | 20.5 |
|
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
|
122.0 | 142.3 | 134.9 | 124.6 | 95.8 | 185.1 | 169.2 | 168.3 | 117.4 | 88.8 | 49.6 | 20.5 |
|
III. Short-term receivables
|
637.6 | 936.5 | 864.9 | 752.1 | 572.3 | 539.4 | 558.0 | 546.8 | 497.1 | 669.0 | 930.6 | 931.4 |
|
1. Short-term trade accounts receivable
|
405.0 | 497.0 | 517.2 | 406.7 | 336.5 | 321.5 | 355.4 | 366.4 | 316.1 | 420.2 | 412.2 | 363.0 |
|
2. Short-term prepayments to suppliers
|
141.9 | 138.0 | 123.2 | 93.3 | 87.7 | 111.0 | 122.4 | 100.6 | 100.0 | 120.7 | 157.4 | 162.3 |
|
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
|
70.5 | 80.3 | 85.7 | 67.9 | 73.1 | 52.9 | 54.6 | 52.9 | 42.7 | 50.8 | 46.1 | 39.5 |
|
6. Other short-term receivables
|
80.9 | 289.3 | 206.7 | 235.4 | 143.7 | 122.2 | 98.4 | 124.6 | 111.1 | 160.5 | 379.4 | 409.3 |
|
7. Provision for short-term doubtful debts (*)
|
-60.7 | -68.1 | -68.0 | -51.4 | -68.7 | -68.3 | -72.8 | -97.9 | -73.0 | -83.5 | -64.5 | -42.8 |
|
8. Assets awaiting resolution
|
0.1 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.0 |
|
IV. Inventories
|
219.3 | 263.7 | 371.6 | 216.3 | 209.1 | 268.1 | 322.8 | 298.3 | 267.2 | 194.3 | 189.8 | 173.5 |
|
1. Inventories
|
221.3 | 268.0 | 375.9 | 217.9 | 210.8 | 274.0 | 329.1 | 304.1 | 273.0 | 200.3 | 192.5 | 176.8 |
|
2. Provision for decline in value of inventories
|
-2.0 | -4.3 | -4.3 | -1.7 | -1.7 | -5.9 | -6.3 | -5.7 | -5.8 | -6.0 | -2.7 | -3.3 |
|
V. Other short-term assets
|
106.3 | 113.5 | 89.6 | 76.0 | 69.9 | 76.2 | 50.6 | 55.5 | 71.7 | 47.0 | 51.5 | 37.9 |
|
1. Short-term prepayments
|
8.9 | 9.7 | 14.2 | 13.3 | 10.9 | 5.5 | 3.3 | 9.8 | 20.1 | 11.1 | 16.2 | 10.1 |
|
2. Value added tax to be reclaimed
|
97.1 | 103.6 | 75.3 | 61.7 | 59.0 | 70.6 | 47.3 | 45.6 | 50.9 | 35.7 | 35.0 | 27.6 |
|
3. Taxes and other receivables from state authorities
|
0.3 | 0.2 | 0.1 | 1.0 | 0.0 | 0.0 | 0.1 | 0.2 | 0.6 | 0.2 | 0.3 | 0.1 |
|
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)
|
1,174.1 | 1,069.6 | 1,054.6 | 1,029.5 | 1,040.7 | 1,034.9 | 1,028.1 | 1,010.8 | 1,019.6 | 1,015.8 | 607.3 | 575.1 |
|
I. Long-term receivables
|
137.3 | 135.9 | 136.4 | 134.1 | 132.7 | 133.2 | 122.4 | 106.3 | 105.6 | 106.2 | 101.6 | 98.9 |
|
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
|
137.3 | 135.9 | 136.4 | 134.1 | 132.7 | 133.2 | 122.4 | 106.3 | 105.6 | 106.2 | 101.6 | 98.9 |
|
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
|
679.2 | 691.7 | 674.6 | 651.3 | 674.0 | 656.8 | 660.2 | 657.7 | 645.6 | 608.1 | 433.4 | 414.2 |
|
1. Tangible fixed assets
|
587.9 | 534.3 | 520.7 | 495.2 | 510.3 | 503.6 | 521.7 | 520.5 | 510.7 | 473.8 | 335.0 | 328.6 |
|
- Cost
|
— | — | — | — | 825.1 | 802.2 | 804.5 | 787.8 | 762.6 | 709.6 | 461.4 | 447.1 |
|
- Accumulated depreciation
|
— | — | — | — | -314.8 | -298.6 | -282.8 | -267.3 | -251.9 | -235.8 | -126.5 | -118.5 |
|
2. Financial leased fixed assets
|
85.1 | 72.0 | 67.3 | 68.3 | 60.8 | 62.9 | 46.9 | 44.5 | 41.3 | 42.2 | 24.7 | 10.9 |
|
- 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
|
6.2 | 85.4 | 86.6 | 87.8 | 102.9 | 90.3 | 91.5 | 92.7 | 93.5 | 92.1 | 73.7 | 74.6 |
|
- 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
|
43.9 | 12.0 | 16.6 | 9.7 | 5.9 | 12.9 | 9.4 | 8.5 | 31.0 | 30.4 | 12.8 | 4.0 |
|
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
|
43.9 | 12.0 | 16.6 | 9.7 | 5.9 | 12.9 | 9.4 | 8.5 | 31.0 | 30.4 | 12.8 | 4.0 |
|
V. Long-term financial investments
|
2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 0.0 | 2.0 | 20.5 | 21.0 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.5 | 18.5 | 19.0 |
|
3. Investments in other entities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 3.1 | 3.1 |
|
4. Provision for diminution in value of long-term investments
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.5 | -3.1 | -3.1 |
|
5. Held to maturity investments
|
2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 2.0 | 0.0 | 2.0 | 2.0 | 2.0 |
|
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
|
311.7 | 228.0 | 225.1 | 232.4 | 226.0 | 229.9 | 234.1 | 45.0 | 41.1 | 42.1 | 39.0 | 37.0 |
|
1. Long-term prepayments
|
156.4 | 67.8 | 59.7 | 61.8 | 50.3 | 49.1 | 48.0 | 45.0 | 39.1 | 42.1 | 39.0 | 37.0 |
|
2. Deferred income tax assets
|
0.2 | — | — | — | 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 |
|
4. Other long-term assets
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 2.0 | 0.0 | 0.0 | 0.0 |
|
5. Goodwill
|
155.0 | 160.2 | 165.4 | 170.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VII. Goodwill (before 2015)
|
— | — | — | — | 175.7 | 180.9 | 186.0 | 191.2 | 196.4 | 227.0 | 0.1 | 0.2 |
|
TOTAL ASSETS (280=100+200)
|
2,313.9 | 2,595.1 | 2,586.5 | 2,247.6 | 2,042.2 | 2,160.7 | 2,183.0 | 2,162.5 | 2,035.4 | 2,092.3 | 1,890.5 | 1,801.3 |
|
A. LIABILITIES (300=210+330)
|
1,529.5 | 1,597.5 | 1,555.0 | 1,251.2 | 1,057.2 | 1,195.6 | 1,166.8 | 1,160.9 | 1,052.3 | 1,123.2 | 958.0 | 895.7 |
|
I. Short -term liabilities
|
993.3 | 1,268.7 | 1,387.3 | 1,058.9 | 868.9 | 1,110.6 | 1,093.4 | 1,073.1 | 955.5 | 1,013.3 | 861.0 | 817.5 |
|
1. Short-term trade accounts payable
|
111.3 | 93.9 | 214.3 | 77.0 | 56.3 | 68.1 | 107.1 | 81.6 | 77.8 | 120.0 | 105.7 | 89.5 |
|
2. Short-term advances from customers
|
9.7 | 13.2 | 21.2 | 5.1 | 11.4 | 18.9 | 10.9 | 30.2 | 23.9 | 57.6 | 48.7 | 57.0 |
|
3. Taxes and other payables to state authorities
|
40.2 | 47.2 | 32.4 | 23.5 | 45.7 | 55.8 | 28.7 | 41.4 | 33.5 | 26.4 | 8.9 | 9.0 |
|
4. Payable to employees
|
2.0 | 16.3 | 20.8 | 16.9 | 1.4 | 9.1 | 12.2 | 19.9 | 15.6 | 11.7 | 9.2 | 15.0 |
|
5. Short-term acrrued expenses
|
49.7 | 55.2 | 44.7 | 42.5 | 42.4 | 50.3 | 48.9 | 48.8 | 50.2 | 69.0 | 5.7 | 6.2 |
|
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
|
0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
9. Other short-term payables
|
7.8 | 10.3 | 16.3 | 28.9 | 14.0 | 15.1 | 16.9 | 7.2 | 6.5 | 9.3 | 6.2 | 5.7 |
|
10. Short-term borrowings and financial leases
|
772.4 | 1,028.7 | 1,033.8 | 864.7 | 688.8 | 881.2 | 856.7 | 833.6 | 737.6 | 708.8 | 666.2 | 628.7 |
|
11. Provision for short-term liabilities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
12.. Bonus and welfare fund
|
0.0 | 3.8 | 3.8 | 0.3 | 9.0 | 12.1 | 12.1 | 10.4 | 10.4 | 10.4 | 10.4 | 6.4 |
|
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
|
536.2 | 328.8 | 167.7 | 192.2 | 188.3 | 85.0 | 73.4 | 87.8 | 96.8 | 109.9 | 97.0 | 78.3 |
|
1. Long-term trade payables
|
— | — | — | — | 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 |
|
3. Long-term acrrued expenses
|
— | — | — | — | 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 |
|
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
|
0.2 | 0.3 | 0.3 | 0.3 | 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 | 0.3 |
|
8. Long-term borrowings and financial leases
|
501.3 | 295.0 | 133.3 | 160.9 | 157.5 | 61.6 | 46.5 | 60.2 | 71.7 | 80.9 | 92.6 | 73.7 |
|
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
|
34.7 | 33.5 | 34.1 | 31.1 | 30.8 | 23.4 | 26.9 | 27.6 | 25.1 | 29.0 | 4.4 | 4.3 |
|
12. Provision for long-term liabilities
|
— | — | — | — | 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 |
|
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)
|
784.4 | 997.6 | 1,031.5 | 996.5 | 985.0 | 965.1 | 1,016.2 | 1,001.6 | 983.1 | 969.1 | 932.5 | 905.6 |
|
I. Owner's equity
|
784.4 | 997.6 | 1,031.5 | 996.5 | 985.0 | 965.1 | 1,016.2 | 1,001.6 | 983.1 | 969.1 | 932.5 | 905.6 |
|
1. Owner's capital
|
682.7 | 627.0 | 653.0 | 653.0 | 653.0 | 653.0 | 629.2 | 629.2 | 629.2 | 629.2 | 629.2 | 629.2 |
|
- Common stock with voting right
|
611.8 | 556.2 | 556.2 | 556.2 | 556.2 | 556.2 | 505.6 | 505.6 | 505.6 | 505.6 | 505.6 | 505.6 |
|
- Preferred stock
|
70.8 | 70.8 | 96.8 | 96.8 | 96.8 | 96.8 | 123.6 | 123.6 | 123.6 | 123.6 | 123.6 | 123.6 |
|
2. Share premium
|
— | — | 21.2 | 21.2 | 21.2 | 21.2 | 67.2 | 67.2 | 67.2 | 67.2 | 67.2 | 67.2 |
|
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
|
-227.6 | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Treasury shares
|
-0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 | -0.0 |
|
6. Assets revaluation differences
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
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
|
12.4 | 28.3 | 29.6 | 31.0 | 32.2 | 37.1 | 42.7 | 59.1 | 59.1 | 59.1 | 59.1 | 59.1 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Undistributed earnings after tax
|
315.7 | 341.2 | 326.6 | 290.2 | 277.6 | 252.7 | 276.0 | 245.1 | 226.5 | 212.4 | 176.0 | 149.2 |
|
- Accumulated retained earning at the end of the previous period
|
170.0 | 226.0 | 255.1 | 277.3 | 159.7 | 160.8 | 211.3 | 231.5 | 117.0 | 117.0 | 114.5 | 135.9 |
|
- Undistributed earnings in this period
|
145.8 | 115.2 | 71.5 | 12.9 | 117.9 | 91.9 | 64.7 | 13.6 | 109.5 | 95.5 | 61.5 | 13.3 |
|
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
|
1.2 | 1.1 | 1.0 | 1.0 | 0.9 | 1.0 | 1.0 | 0.9 | 1.1 | 1.1 | 0.9 | 0.8 |
|
14. Financial reserves
|
— | — | — | — | 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 |
|
1. Subsidized not-for-profit funds
|
— | — | — | — | 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 |
|
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)
|
2,313.9 | 2,595.1 | 2,586.5 | 2,247.6 | 2,042.2 | 2,160.7 | 2,183.0 | 2,162.5 | 2,035.4 | 2,092.3 | 1,890.5 | 1,801.3 |
| 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
|
35.1 | 51.7 | 68.9 | 17.6 | 32.6 | 34.8 | 58.3 | 17.3 | 21.2 | 42.5 | 53.3 | 15.4 |
|
Depreciation of Fixed Assets and Investment Property
|
40.8 | 11.0 | 30.3 | 19.4 | 19.7 | 7.8 | 24.5 | 23.2 | 26.3 | 16.8 | 9.0 | 9.3 |
|
Provision (Increase)/Reversal
|
-16.5 | 0.0 | 19.3 | -18.0 | 1.9 | -39.1 | 9.7 | -0.8 | 11.4 | 27.1 | 16.3 | 11.1 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
0.7 | 0.0 | -0.6 | — | -0.7 | 2.1 | -1.0 | 0.0 | 7.4 | -8.3 | 8.3 | 0.0 |
|
Gain/Loss from Investment Activities
|
1.2 | -3.5 | -2.9 | -4.9 | -7.6 | -2.1 | -20.2 | -2.5 | -32.1 | 22.0 | -1.1 | -0.8 |
|
Interest Expense
|
21.7 | 20.4 | 16.0 | 13.8 | 13.1 | 13.9 | 12.9 | 10.6 | 10.6 | 12.5 | 13.0 | 9.6 |
|
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
|
— | — | — | — | 5.2 | 15.5 | 0.0 | 0.0 | -6.0 | 6.0 | 0.0 | 0.0 |
|
Other Adjustments
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
67.6 | 95.1 | 125.9 | 33.1 | 64.1 | 32.9 | 84.1 | 47.8 | 38.8 | 118.5 | 98.9 | 44.6 |
|
Increase/(Decrease) in Receivables
|
187.2 | -24.4 | -135.6 | -89.5 | 10.8 | 10.8 | -4.5 | -26.8 | -80.2 | 282.0 | -40.5 | -35.4 |
|
Increase/(Decrease) in Inventory
|
45.6 | 107.9 | -157.9 | -5.0 | 63.2 | 47.2 | -25.1 | -30.5 | -10.1 | -10.6 | -12.9 | -15.7 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
-91.5 | -122.4 | 150.1 | 39.8 | -44.7 | -12.9 | 0.7 | 15.6 | -156.5 | -19.4 | -3.5 | -2.4 |
|
Increase/(Decrease) in Prepaid Expenses
|
-26.0 | -3.7 | 1.3 | -1.8 | -6.6 | -3.0 | -1.9 | 4.3 | -2.7 | 3.2 | -9.3 | -4.0 |
|
Changes in Trading Securities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-16.3 | -16.7 | -17.0 | -13.1 | -16.3 | -11.3 | -14.0 | -8.6 | -10.6 | -13.1 | -13.3 | -8.1 |
|
Corporate Income Tax Paid
|
0.3 | -0.5 | -5.5 | -7.5 | -11.0 | 3.7 | -18.3 | 0.0 | -7.2 | 6.7 | -4.2 | -6.1 |
|
Other Operating Receipts
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-14.9 | -1.4 | -3.7 | -9.9 | -8.0 | -5.6 | -20.2 | -0.0 | 1.9 | -1.5 | -2.5 | -0.0 |
|
Net Cash Flow from Operating Activities
|
151.9 | 34.0 | -42.5 | -53.8 | 51.5 | 61.8 | 0.9 | 1.7 | -226.5 | 365.9 | 12.7 | -27.0 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-72.7 | -59.8 | -52.0 | -21.3 | -29.6 | -22.3 | -41.9 | -7.9 | -62.4 | -61.7 | -21.6 | -6.2 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
21.6 | — | — | — | -0.2 | 19.4 | 3.9 | 0.0 | 4.9 | -3.0 | 0.1 | 3.8 |
|
Loans and Purchases of Debt Instruments
|
-94.3 | -7.4 | -17.6 | -48.6 | -82.2 | -33.1 | -15.2 | -58.7 | -24.1 | -87.6 | -36.1 | -8.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
124.3 | 5.4 | -10.4 | 25.0 | 151.3 | 19.0 | 12.7 | 0.0 | 16.1 | 43.6 | 0.5 | 0.7 |
|
Investments in Other Entities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 253.3 | -281.4 | 0.0 | 0.0 |
|
Proceeds from Investments in Other Entities
|
— | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | -3.1 | 3.1 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
1.4 | 3.2 | 3.0 | 2.1 | 3.0 | 4.8 | 1.7 | 0.6 | 7.2 | -2.0 | 4.1 | 0.8 |
|
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
|
-19.7 | 10.3 | -76.9 | 5.2 | 42.2 | -12.2 | -39.0 | -65.9 | 191.8 | -388.9 | -53.1 | -8.9 |
|
Proceeds from Equity Issuance and Capital Contributions
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Share Repurchases
|
— | — | — | — | 0.0 | -72.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
797.8 | 1,006.1 | 791.9 | 570.3 | 727.0 | 595.1 | 550.2 | 546.6 | 485.3 | 530.4 | 400.2 | 407.4 |
|
Repayment of Borrowings
|
-832.7 | -832.7 | -640.5 | -396.9 | -819.4 | -552.9 | -533.6 | -459.4 | -461.3 | -476.7 | -365.4 | -358.0 |
|
Repayment of Finance Leases
|
-15.1 | -6.1 | -10.1 | -5.9 | -4.1 | -2.6 | -7.1 | -2.7 | -4.4 | -1.4 | 4.4 | -4.4 |
|
Dividends Paid
|
0.0 | -13.4 | — | — | 0.0 | -13.4 | 0.0 | 0.0 | 0.0 | -13.4 | 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
|
-147.0 | 23.3 | 141.2 | 91.3 | -96.5 | -46.7 | 9.5 | 84.5 | 19.6 | 38.9 | 39.2 | 44.9 |
|
Net Cash Flow During the Period
|
-14.8 | -1.4 | 21.8 | -5.2 | -2.7 | 2.9 | -28.6 | 20.3 | -15.1 | 15.9 | -1.3 | 8.9 |
|
Cash and Cash Equivalents at Beginning of Period
|
69.5 | 71.0 | 49.2 | 54.4 | 62.4 | 62.4 | 62.4 | 62.4 | 54.0 | 54.0 | 54.0 | 54.0 |
|
FX Difference from Revaluation
|
-0.0 | 0.0 | 0.0 | — | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
54.7 | 69.5 | 71.0 | 49.2 | 54.4 | 57.0 | 54.2 | 82.7 | 62.4 | 77.5 | 61.7 | 62.9 |
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