NO1

Tập đoàn 911 ·HOSE ·2026Q1

▲ Slightly positive

Cash generation is recovering CFO/NPAT −95 bn, +29 bn YoY

Price

5,080

Latest close

03 Jun 2026

P/E 6.39x

P/B 0.38x

EPS 795

BVPS 13,350

ROE 6.2%

ROA 3.2%

Profit Margin 2.0%

Asset Turnover 1.56x

Equity Mult. 1.96x

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

What Is Changing

On a TTM 2026Q1 basis, NO1 is maintaining revenue growth, but margins have not improved proportionally — profit is at an all-time high. However, a significant portion of profit is supported by non-core sources, making the picture not entirely clear.

	                            
	                                TTM REVENUE
	                            
	                                    VND 974bn
	                                
+23.9%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 19bn
	                                
+16.5%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    35.5%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	1,077.8	802.3	611.5	1,325.5	540.4
Growth	+34%	+31%	-54%	+145%	—
Net Income	6.9	18.0	16.9	38.9	15.2
Net Margin	0.64%	2.25%	2.77%	2.94%	2.81%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	123.1	159.9	77.4	613.1	227.4	133.8	226.2	198.6	293.8	198.9	258.8	81.4
Growth	-23%	+106%	-87%	+170%	+70%	-41%	+14%	-32%	+48%	-23%	+218%	—
Net Income	0.3	3.5	1.4	13.5	2.5	0.2	4.8	8.6	6.1	10.6	3.8	1.2
Net Margin	0.26%	2.16%	1.84%	2.20%	1.10%	0.15%	2.11%	4.31%	2.08%	5.34%	1.46%	1.47%

Drivers of NO1's profit

TTM

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

Gross profit ↑ 47.7bn

Financial income ↑ 9.3bn

Administrative expenses ↑ 25.0bn

Selling expenses ↑ 16.2bn

Other profit ↓ 8.1bn

Finance costs ↑ 3.2bn

TTM

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

Financial income ↑ 6.7bn

Gross profit ↑ 6.4bn

Other profit ↓ 7.0bn

Selling expenses ↑ 3.8bn

Administrative expenses ↑ 2.5bn

Tax ↑ 1.1bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 5.1% = 2.0% × 1.35 × 1.85

2026Q1 5.9% = 1.9% × 1.56 × 1.96

ROE rose from 5.1% to 5.9% — mainly driven by asset turnover, despite net margin moving in the opposite direction.

Net margin: 1.9% -0.1pp Asset turnover: 1.56x +0.21x Leverage: 1.96x +0.12x

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 stands at 1.92%, broadly flat versus the same period. Supportive factors and pressure points are offsetting one another.

Margin is nearly flat but the underlying components are moving — this is a transitional phase, more time is needed to see the real trend.

Profitability trend

Net Margin 1.92% −0.1pp

Gross Margin 11.00% +3.4pp

SG&A / Revenue 8.44% +3.2pp

Non-core / Revenue 0.04% −0.3pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Non-core sources is supporting margin

Margin support from non-core sources remains high (69.4% of PBT) — sustainability should be monitored.

Is capital being used efficiently?

Capital is being used more efficiently — ROIC rose and cash cycle shortened to 60.7 days.

Is capital being deployed efficiently?

ROIC expanded to 6.70%, rising 1.7pp. That translates to 6.70 in after-tax operating profit for every 100 units of operating capital. Both NOPAT margin rose 0.5pp and capital turnover rose 0.23x, with invested capital holding roughly steady — capital-return quality improved from both sides.

NOPAT margin is driving the improvement — ROIC has cleared the deposit-rate threshold but not yet the typical cost of equity level, and this momentum needs to hold as new invested capital is fully deployed.

CAPITAL EFFICIENCY TREND

ROIC 6.70% +1.7pp

NOPAT Margin 2.57% +0.5pp

Capital Turnover 2.61x +0.23x

Average Invested Capital 372.7bn +43.3bn

Balance Sheet

ROIC is improving — the asset structure below shows how capital is being allocated. Capital structure is conservative with low leverage — liabilities at 1.52x equity, net debt at 0.35x equity.

Inventory ended the period at 136.8bn, roughly 16.9% of total assets.

Over the last 12 months, working capital absorbed 2.9bn of cash, mainly because of lower payables. Part of that drag was offset by lower receivables and lower inventories.

Working Capital Drivers

Receivables decreased → higher CFO: +91.7bn

Inventories decreased → higher CFO: +32.3bn

Payables decreased → lower CFO: −126.8bn

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 13.0 days versus the same period last year. The main moves came from DIO rose 3.3 days, DSO fell 25.8 days, and DPO fell 9.4 days.

Improvement comes mainly from faster receivables collection — reflects the quality of receivables management.

Watchpoints

Inventory turnover is slowing

DIO increased by +3.3 days, suggesting more capital is being tied up in inventories.

Working Capital Efficiency

Receivables 36.1 days −25.8 days

Inventory 89.0 days +3.3 days

Payables 64.4 days −9.4 days

Cash Conversion Cycle 60.7 days −13.0 days

Is financial risk significant?

Leverage is safe but FCF is negative at 94.8bn due to capex of 120.6bn — an investment choice, not an urgent risk.

Leverage & Liquidity

Leverage is balanced for now, with net debt / equity at 0.35x and interest coverage at 2.31x.

At present, short-term debt accounts for 50.4% of total debt, cash equals 19.0% of debt, and total debt stands at 138.9bn.

Watchpoints

Cash buffer is thin relative to debt

Cash / debt stands at 19.0%, leaving limited liquidity buffer to monitor.

Leverage and liquidity trend

Net Debt / Equity 0.35x +0.36x

Interest Coverage 2.31x +0.46x

Cash / Debt 19.0% −84.8pp

Short-term Debt / Total Debt 50.4% −46.6pp

CFO / NI 1.30x +8.85x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 240.7bn in 2025, against investing cash flow of -264.7bn.

Post-investment cash flow was negative +24.0bn. Financing cash flow was positive +43.9bn.

CFO / net income was 1.30x.

After spending +120.6bn on fixed-asset investment, the business generated trailing free cash flow of −94.8bn.

Cash Conversion

CFO TTM 25.7bn +146.6bn

Cash Capex 120.6bn +117.7bn

FCF TTM −94.8bn +28.9bn

Investment Takeaway

The business is heading the right way, but the current picture is still at partial confirmation — not yet a fully clean case. The positive points have clearly improved, showing the operating base is better than before. The brighter spot is cash generation. Even so, earnings quality still needs closer monitoring because net financial result remains elevated.

Improvement: cash generation is recovering, with trailing-12M FCF improving by 28.9bn versus the same period last year.

Watchpoint: cash flow is currently keeping pace with accounting earnings, with CFO / net income at 1.30x. Even so, net financial result still accounts for 35.5% of PBT, so the earnings mix still needs monitoring.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	1,077.8	802.3	611.5	1,325.5	540.4
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	1,077.8	802.3	611.5	1,325.5	540.4
Cost of Goods Sold	983.4	749.2	576.7	1,229.4	0.0
Gross Profit	94.5	53.1	34.8	96.1	38.1
Financial Income	15.6	16.1	37.5	3.4	3.0
Financial Expenses	13.8	11.8	23.9	10.8	-3.7
Interest Expense	6.5	5.0	10.5	5.8	-3.7
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	21.8	15.2	9.4	9.2	-5.5
General and Administrative Expenses	56.2	18.7	19.1	27.0	-15.8
Operating Profit	18.2	23.5	19.9	52.4	16.1
Other Income	0.4	1.3	2.0	2.4	0.0
Other Expenses	7.2	1.1	0.7	5.0	0.0
Other Profit	-6.8	0.2	1.3	-2.6	2.9
Profit Before Tax	11.5	23.7	21.3	49.8	19.0
Current Income Tax Expense	4.3	5.7	4.3	10.9	-3.8
Deferred Income Tax Expense	0.3	0.0	0.0	0.0	0.0
Net Income	6.9	18.0	16.9	38.9	15.2
Non-controlling Interest	-0.7	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	7.6	18.0	16.9	38.9	15.2
Earnings per Share	318.00	751.00	705.00	1,637.00	1,096.00
Diluted EPS	318.00	751.46	704.58	1,622.48	820.81

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	648.3	458.8	320.6	948.1	246.4
I. Cash and cash equivalents	125.5	105.5	47.1	39.0	12.6
1. Cash	58.0	18.5	23.3	34.5	0.0
2. Cash equivalents	67.5	87.0	23.8	4.5	0.0
II. Short-term financial investments	200.8	84.1	96.7	645.0	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	200.8	84.1	96.7	645.0	0.0
III. Short-term receivables	170.3	83.3	49.2	107.0	92.3
1. Short-term trade accounts receivable	40.9	36.4	27.0	101.3	0.0
2. Short-term prepayments to suppliers	34.4	20.2	15.2	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	47.6	0.0	0.0	0.0	0.0
6. Other short-term receivables	55.0	26.6	7.0	1.0	0.0
7. Provision for short-term doubtful debts (*)	-7.5	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	136.8	176.2	127.4	151.5	135.2
1. Inventories	136.8	177.8	127.4	151.5	0.0
2. Provision for decline in value of inventories	—	-1.6	0.0	0.0	0.0
V. Other short-term assets	14.8	9.6	0.2	5.6	6.4
1. Short-term prepayments	2.1	1.3	0.2	0.8	0.0
2. Value added tax to be reclaimed	12.8	8.3	0.0	4.7	0.0
3. Taxes and other receivables from state authorities	—	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)	159.7	79.0	117.9	189.5	143.3
I. Long-term receivables	2.3	0.6	1.0	1.9	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	2.0
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	2.3	0.6	1.0	1.9	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	85.6	27.0	86.7	106.1	111.0
1. Tangible fixed assets	78.2	19.2	27.4	36.1	79.0
- Cost	106.9	52.4	69.9	71.1	0.0
- Accumulated depreciation	-28.8	-33.2	-42.5	-35.0	0.0
2. Financial leased fixed assets	6.6	7.8	13.8	24.5	31.9
- Cost	7.5	9.0	16.2	33.9	0.0
- Accumulated depreciation	-0.9	-1.2	-2.5	-9.4	0.0
3. Intangible fixed assets	0.9	0.0	45.5	45.5	0.1
- Cost	1.1	0.1	45.6	45.6	0.0
- Accumulated depreciation	-0.2	-0.1	-0.1	-0.0	0.0
III. Investment properties	30.0	30.0	30.0	30.0	30.0
- Cost	30.0	30.0	30.0	30.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	23.5	0.8	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	23.5	0.8	0.0	0.0	0.0
V. Long-term financial investments	—	0.0	0.0	51.2	0.0
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	—	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	—	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	0.0	0.0	51.2	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	18.3	20.5	0.3	0.3	0.0
1. Long-term prepayments	18.3	20.5	0.3	0.3	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	0.4
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)	807.9	537.7	438.5	1,137.6	389.8
A. LIABILITIES (300=210+330)	486.8	223.1	129.9	834.0	179.8
I. Short -term liabilities	446.0	220.4	123.0	823.3	160.3
1. Short-term trade accounts payable	361.9	136.8	30.5	725.7	29.4
2. Short-term advances from customers	17.7	24.0	24.8	5.4	106.1
3. Taxes and other payables to state authorities	5.5	7.2	6.3	12.1	0.0
4. Payable to employees	3.6	0.4	0.7	0.6	0.0
5. Short-term acrrued expenses	0.7	0.1	0.1	0.1	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	—	0.0	0.0	0.0	0.0
9. Other short-term payables	1.7	0.0	3.8	14.4	0.0
10. Short-term borrowings and financial leases	53.6	51.9	56.9	64.9	21.0
11. Provision for short-term liabilities	1.3	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	—	0.0	0.0	0.0	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	40.9	2.8	6.9	10.7	19.4
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	0.1	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	40.4	2.8	6.9	10.7	19.4
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	0.3	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)	321.1	314.6	308.6	303.6	210.0
I. Owner's equity	321.1	314.6	308.6	303.6	0.0
1. Owner's capital	240.0	240.0	240.0	240.0	210.0
- Common stock with voting right	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	185,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
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	—	0.00	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	—	0.0	0.0	0.0	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	67.8	74.6	68.6	63.6	25.0
- Accumulated retained earning at the end of the previous period	60.2	56.6	51.6	24.7	10.7
- Undistributed earnings in this period	7.6	18.0	16.9	38.9	14.3
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	13.3	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)	807.9	537.7	438.5	1,137.6	389.8

Item	2025	2024	2023	2022	2021
Profit Before Tax	11.5	23.7	21.3	49.8	0.0
Depreciation of Fixed Assets and Investment Property	12.7	8.9	14.1	15.2	0.0
Provision (Increase)/Reversal	7.2	1.6	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	0.6	-9.0	-8.1	2.4	0.0
Gain/Loss from Investment Activities	-6.5	-7.7	-29.8	-0.7	0.0
Interest Expense	6.5	5.0	10.5	5.8	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	31.9	22.5	7.8	72.4	0.0
Increase/(Decrease) in Receivables	-45.0	-42.0	63.9	-12.6	0.0
Increase/(Decrease) in Inventory	41.0	-50.4	24.1	-16.3	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	223.9	111.5	-677.6	602.4	0.0
Increase/(Decrease) in Prepaid Expenses	1.5	-21.4	0.7	-0.5	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-6.5	-5.1	-10.6	-5.8	0.0
Corporate Income Tax Paid	-6.0	-5.3	-10.8	-3.9	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Operating Activities	240.7	9.9	-602.4	635.7	0.0
Payments for Fixed Assets and Other Long-term Assets	-110.6	-1.5	-3.1	-15.4	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	13.7	53.1	19.7	11.4	0.0
Loans and Purchases of Debt Instruments	-605.0	-72.4	-170.0	-695.4	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	430.8	85.0	769.6	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	6.4	6.3	27.7	0.7	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	-264.7	70.4	643.9	-698.7	0.0
Proceeds from Equity Issuance and Capital Contributions	10,500,000,000.00	0.00	0.00	55,000,000,000.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	231.4	183.7	212.4	199.9	0.0
Repayment of Borrowings	-180.8	-187.0	-217.7	-151.9	0.0
Repayment of Finance Leases	-2.8	-5.7	-16.2	-12.9	0.0
Dividends Paid	-14.4	-12.9	-12.0	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	43.9	-21.9	-33.5	90.2	0.0
Net Cash Flow During the Period	20.0	58.5	8.0	27.3	0.0
Cash and Cash Equivalents at Beginning of Period	105.5	47.1	39.0	11.8	0.0
FX Difference from Revaluation	0.0	0.0	0.1	0.0	0.0
Cash and Cash Equivalents at End of Period	125.5	105.5	47.1	39.0	0.0

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Revenue	123.1	159.9	77.4	613.1	227.4	133.8	226.2	198.6	293.8	198.9	258.8	81.4
Revenue Deductions	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	123.1	159.9	77.4	613.1	227.4	133.8	226.2	198.6	293.8	198.9	258.8	81.4
Cost of Goods Sold	99.0	134.5	67.2	565.8	209.7	132.1	211.4	173.4	278.5	176.5	252.8	78.7
Gross Profit	24.1	25.4	10.3	47.3	17.7	1.7	14.8	25.2	15.3	22.4	6.0	2.7
Financial Income	7.0	6.9	3.4	6.4	0.3	11.7	2.1	0.2	0.7	10.2	9.6	17.7
Financial Expenses	2.0	6.5	2.0	4.2	1.1	4.4	1.1	4.8	1.3	13.6	2.7	6.6
Interest Expense	2.0	2.1	1.7	1.6	1.1	1.2	1.1	1.4	1.3	1.5	2.7	5.2
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	5.8	8.8	1.1	15.9	2.0	2.7	4.3	6.5	0.6	2.0	3.7	2.8
General and Administrative Expenses	13.1	10.8	11.7	15.1	10.5	5.9	4.7	4.4	3.5	3.9	6.7	6.8
Operating Profit	10.3	6.2	-1.0	18.5	4.3	0.4	6.9	9.7	10.5	13.1	2.5	4.2
Other Income	0.3	2.1	3.0	6.5	0.0	0.1	0.0	5.3	1.2	0.4	8.6	4.7
Other Expenses	8.5	3.6	0.6	7.8	1.2	0.2	0.3	4.2	4.1	0.2	6.3	7.3
Other Profit	-8.2	-1.5	2.5	-1.3	-1.2	-0.1	-0.3	1.1	-2.9	0.2	2.3	-2.6
Profit Before Tax	2.1	4.6	1.5	17.2	3.1	0.3	6.5	10.9	7.6	13.3	4.8	1.5
Current Income Tax Expense	1.7	1.2	0.0	3.7	0.6	0.1	1.8	2.3	1.5	2.7	1.0	0.3
Deferred Income Tax Expense	—	-0.0	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	0.3	3.5	1.4	13.5	2.5	0.2	4.8	8.6	6.1	10.6	3.8	1.2
Non-controlling Interest	-0.7	-0.6	0.4	-0.3	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	1.0	4.0	1.0	13.8	2.5	0.2	4.8	8.6	6.1	10.6	3.8	1.2
Earnings per Share	13.00	167.00	41.00	574.00	124.00	8.00	194.00	352.00	251.00	433.00	154.00	49.00
Diluted EPS	13.00	167.00	41.00	574.00	104.28	8.25	198.69	356.30	254.17	442.85	157.64	49.79

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	455.5	663.1	802.3	773.6	565.5	460.4	406.6	525.5	458.8	357.1	509.9	934.0
I. Cash and cash equivalents	26.4	125.5	419.7	168.6	78.8	81.3	53.6	151.4	31.5	47.1	117.3	36.7
1. Cash	3.9	58.0	66.9	105.1	6.1	18.5	11.2	40.4	8.8	23.3	19.3	32.1
2. Cash equivalents	22.5	67.5	352.8	63.5	72.7	62.8	42.4	111.0	22.6	23.8	98.0	4.6
II. Short-term financial investments	105.6	200.8	—	86.0	4.0	108.3	124.9	154.5	117.2	96.7	118.6	693.7
1. Available for sale securities	—	—	—	—	—	108.3	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
3. Held to maturity investments	105.6	200.8	—	86.0	4.0	0.0	124.9	154.5	117.2	96.7	118.6	693.7
III. Short-term receivables	110.6	179.9	241.7	434.8	242.8	83.3	123.8	99.2	196.2	85.8	108.5	69.5
1. Short-term trade accounts receivable	62.6	43.9	40.3	266.0	130.0	36.4	80.0	48.3	136.6	63.6	57.9	37.7
2. Short-term prepayments to suppliers	32.8	34.4	95.6	65.8	27.2	20.3	34.9	42.0	47.1	15.2	47.2	20.9
3. Short-term inter-company receivables	—	—	—	—	—	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
5. Short-term loan receivables	—	47.6	49.0	47.6	54.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	22.7	54.1	56.8	55.4	31.2	26.6	9.0	8.8	12.4	7.0	3.4	10.9
7. Provision for short-term doubtful debts (*)	-7.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	194.8	141.5	128.9	76.9	227.7	177.8	103.9	119.2	113.4	127.4	162.8	132.6
1. Inventories	194.8	141.5	128.9	76.9	227.7	177.8	103.9	119.2	113.4	127.4	162.8	132.6
2. Provision for decline in value of inventories	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	18.1	15.4	12.0	7.4	12.1	9.6	0.4	1.2	0.5	0.2	2.8	1.4
1. Short-term prepayments	2.4	2.6	1.6	1.8	1.1	1.3	0.4	0.2	0.5	0.2	0.3	0.3
2. Value added tax to be reclaimed	15.8	12.7	10.3	5.6	11.0	8.3	0.0	0.9	0.0	0.0	2.5	1.0
3. Taxes and other receivables from state authorities	—	—	—	—	—	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
5. Other short-term assets	—	—	—	—	—	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)	155.0	159.0	133.8	125.5	73.5	79.0	60.1	59.6	65.7	117.9	117.1	174.6
I. Long-term receivables	2.2	2.3	0.7	0.4	0.4	0.6	0.9	0.7	0.7	1.0	0.8	1.6
1. Long-term trade receivables	—	—	—	—	—	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
3. Capital at inter-company	—	—	—	—	—	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
5. Long-term loan receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	2.2	2.3	0.7	0.4	0.4	0.6	0.9	0.7	0.7	1.0	0.8	1.6
7. Provision for long-term doubtful debts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	101.9	86.5	83.6	76.1	21.7	27.0	28.1	28.6	34.7	86.7	83.0	91.6
1. Tangible fixed assets	97.2	77.7	79.6	72.0	17.5	19.2	20.1	19.6	24.7	27.4	28.1	27.1
- Cost	127.2	—	—	—	—	52.4	57.3	56.3	66.7	69.9	69.3	67.6
- Accumulated depreciation	-30.0	—	—	—	—	-33.2	-37.2	-36.7	-42.0	-42.5	-41.3	-40.5
2. Financial leased fixed assets	2.6	6.6	4.0	4.1	4.2	7.8	8.0	9.0	10.0	13.8	9.4	19.0
- Cost	2.7	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.1	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	2.1	2.2	—	—	—	0.0	0.0	0.0	0.0	45.5	45.5	45.5
- Cost	2.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.3	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	30.0	30.0	30.0	30.0	30.0	30.0	30.0	30.0	30.0	30.0	30.0	30.0
- Cost	30.0	—	—	—	—	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
IV. Long-term assets in progress	0.8	22.2	0.2	—	1.3	0.8	0.9	0.0	0.0	0.0	0.8	0.0
1. Long-term production in progress	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	0.8	22.2	0.2	—	1.3	0.8	0.9	0.0	0.0	0.0	0.8	0.0
V. Long-term financial investments	1.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	2.3	51.2
1. Investments in subsidiaries	—	—	—	—	—	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
3. Investments in other entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	-1.3	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Held to maturity investments	2.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	2.3	51.2
6. Other long-term investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	18.9	18.1	19.2	18.9	20.1	20.5	0.3	0.3	0.3	0.3	0.2	0.2
1. Long-term prepayments	18.9	18.1	19.2	18.9	20.1	20.5	0.3	0.3	0.3	0.3	0.2	0.2
2. Deferred income tax assets	—	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
4. Other long-term assets	—	—	—	—	—	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
VII. Goodwill (before 2015)	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	610.6	822.2	936.1	899.1	639.0	539.3	466.7	585.1	524.4	475.0	627.0	1,108.6
A. LIABILITIES (300=210+330)	290.1	491.4	605.6	563.9	336.5	223.2	138.8	261.9	209.8	166.5	317.1	802.7
I. Short -term liabilities	219.5	446.7	560.3	517.8	334.2	221.5	135.8	256.0	203.4	156.3	310.0	790.2
1. Short-term trade accounts payable	103.0	361.8	488.4	441.6	202.9	136.8	57.9	146.3	91.2	30.5	211.0	644.8
2. Short-term advances from customers	35.8	19.5	8.9	9.9	47.5	24.0	12.7	18.1	36.5	14.8	21.5	17.9
3. Taxes and other payables to state authorities	5.4	6.8	0.6	9.6	6.3	7.3	5.6	8.2	8.7	6.3	1.7	0.7
4. Payable to employees	3.6	3.6	0.6	5.7	0.3	0.4	1.4	2.7	0.0	0.7	2.4	0.7
5. Short-term acrrued expenses	0.2	0.2	0.2	0.0	—	0.1	0.0	0.0	0.0	0.1	0.0	0.5
6. Short-term inter-company payables	—	—	—	—	—	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
8. Short-term unearned revenue	—	—	—	—	—	0.0	0.0	0.0	0.0	46.5	0.0	0.0
9. Other short-term payables	0.9	1.7	15.9	0.7	3.5	0.0	0.1	0.3	3.8	3.8	5.1	3.7
10. Short-term borrowings and financial leases	69.9	49.4	41.7	43.2	73.6	53.1	58.2	80.5	63.2	53.6	68.4	121.9
11. Provision for short-term liabilities	0.8	3.6	4.0	7.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Price stabilization fund	—	—	—	—	—	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
II. Long-term liabilities	70.6	44.7	45.3	46.1	2.3	1.6	3.0	5.9	6.4	10.2	7.1	12.5
1. Long-term trade payables	—	—	—	—	—	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
3. Long-term acrrued expenses	—	—	—	—	—	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
5. Long-term inter-company payables	—	—	—	—	—	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
7. Other long-term liabilities	1.7	—	—	—	—	0.0	0.0	0.0	6.4	0.0	0.0	0.0
8. Long-term borrowings and financial leases	68.9	44.7	45.3	46.1	2.3	1.6	3.0	5.9	0.0	10.2	7.1	12.5
9. Convertible bonds	—	—	—	—	—	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
11. Deferred income tax liabilities	—	—	—	—	—	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
13. Fund for technology development	—	—	—	—	—	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
B. OWNER'S EQUITY (400=410+430)	320.4	330.8	330.5	335.2	315.5	316.2	328.0	323.2	314.7	308.5	309.9	305.9
I. Owner's equity	320.4	330.8	330.5	335.2	315.5	316.2	328.0	323.2	314.7	308.5	309.9	305.9
1. Owner's capital	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0
- Common stock with voting right	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	—	—	—	—	—	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
4. Other capital of owners	—	—	—	—	—	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	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	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
8. Investment and development fund	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
9. Fund to support corporate restructuring	—	—	—	—	—	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
11. Undistributed earnings after tax	65.7	76.5	73.0	89.0	75.5	76.2	88.0	83.2	74.7	68.5	69.9	65.9
- Accumulated retained earning at the end of the previous period	58.2	60.2	60.2	75.2	73.0	56.6	0.0	83.2	74.7	0.0	10.7	10.7
- Undistributed earnings in this period	7.6	16.3	12.9	13.8	2.5	19.6	88.0	0.0	0.0	68.5	59.2	55.2
12. Reserves for investment in construction	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	14.7	14.2	7.4	6.2	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
14. Financial reserves	—	—	10.0	—	—	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
1. Subsidized not-for-profit funds	—	—	—	—	—	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
C. MINORITY'S INTEREST	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	610.6	822.2	936.1	899.1	652.0	539.3	466.7	585.1	524.4	475.0	627.0	1,108.6

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Profit Before Tax	2.1	-6.1	1.5	13.0	3.1	-6.5	-11.9	10.8	7.6	13.4	4.8	1.8
Depreciation of Fixed Assets and Investment Property	3.6	4.7	2.6	2.5	2.9	2.0	2.0	2.2	2.6	2.7	2.9	5.1
Provision (Increase)/Reversal	8.5	3.1	-1.3	7.0	-1.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	2.8	-1.5	0.0	2.1	—	-6.1	0.3	-0.3	0.0	-7.8	-1.6	1.2
Gain/Loss from Investment Activities	-3.0	-12.6	7.8	-3.0	1.4	-0.3	1.1	-2.5	-0.7	-20.6	7.5	-16.7
Interest Expense	1.9	1.9	1.7	1.7	1.1	0.1	-1.6	1.4	1.3	7.8	-3.5	4.9
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	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
Amortization of Goodwill	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	0.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	16.7	-10.5	12.2	23.3	6.9	-10.7	-10.2	11.6	10.9	-4.6	10.1	-3.7
Increase/(Decrease) in Receivables	5.3	86.4	168.2	-168.2	-131.4	32.5	-28.2	54.3	-100.6	62.0	-49.6	39.7
Increase/(Decrease) in Inventory	-58.8	-6.3	-53.6	151.1	-50.1	-73.6	13.6	-4.1	14.1	35.4	-30.2	-7.7
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-289.7	-74.8	0.6	237.0	61.0	90.7	-98.5	37.1	72.6	-170.1	-425.5	-55.0
Increase/(Decrease) in Prepaid Expenses	-0.9	-0.5	0.8	0.5	0.7	-21.3	-10.1	10.3	-0.3	0.1	-0.0	0.5
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-1.9	-2.2	-1.5	-1.6	-1.1	-0.1	1.5	-1.3	-1.5	-7.7	3.4	-4.8
Corporate Income Tax Paid	—	-1.0	—	-4.7	-0.4	0.0	4.2	-4.2	0.0	-0.1	-0.1	-9.7
Other Operating Receipts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	—	—	-1.5	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Operating Activities	-329.4	-12.5	130.3	237.4	-114.4	17.5	-127.7	103.8	-4.8	-85.0	-491.9	-40.6
Payments for Fixed Assets and Other Long-term Assets	-4.8	-31.5	-20.2	-64.1	5.2	19.1	-21.4	-0.0	0.0	-1.1	3.9	-3.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.1	7.7	—	-155.2	161.2	0.1	12.5	39.3	1.2	18.1	-9.5	11.1
Loans and Purchases of Debt Instruments	-158.3	-580.0	119.8	-51.6	-93.3	-100.7	91.4	-70.9	-20.6	-745.4	624.6	-49.2
Receipts from Loan Repayments and Sale of Debt Instruments	348.1	311.0	31.6	101.2	-13.0	108.3	-49.5	49.5	0.0	769.6	-0.5	0.5
Investments in Other Entities	—	—	—	—	—	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
Dividends and Interest Income Received	0.0	0.3	5.3	-1.6	2.4	0.3	2.1	-0.7	0.7	18.5	1.0	8.2
Increase/(Decrease) in Term Deposits	—	—	—	—	—	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
Other Investing Receipts	—	—	—	—	—	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
Net Cash Flow from Investing Activities	185.2	-286.4	130.4	-171.2	62.5	27.0	35.1	17.3	-18.7	59.7	619.5	-32.8
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	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
Proceeds from Borrowings	96.2	30.5	57.0	78.3	65.6	16.5	41.9	56.2	69.1	7.4	61.3	101.8
Repayment of Borrowings	-49.3	-13.7	-59.1	-64.1	-43.9	-21.2	-63.4	-41.5	-57.6	-27.5	-115.1	-44.6
Repayment of Finance Leases	-1.7	-1.1	-0.4	-1.3	—	0.0	0.3	-0.3	-3.3	-12.9	6.5	-6.5
Dividends Paid	—	-14.4	—	—	—	-12.0	0.0	0.0	0.0	-12.0	0.0	0.0
Other Financing Receipts	—	—	—	—	—	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
Net Cash Flow from Financing Activities	45.2	4.7	-2.4	16.4	25.2	-16.7	-21.2	14.4	8.2	-45.0	-47.2	50.7
Net Cash Flow During the Period	-99.1	-294.2	258.3	82.6	-26.7	27.8	-113.7	135.5	-15.2	-70.3	80.4	-22.7
Cash and Cash Equivalents at Beginning of Period	125.5	419.7	161.4	78.8	105.5	47.1	47.1	47.1	47.1	39.0	39.0	39.0
FX Difference from Revaluation	—	0.0	—	0.0	—	0.0	-0.0	0.0	0.0	0.1	-0.1	0.1
Cash and Cash Equivalents at End of Period	26.4	125.5	419.7	161.4	78.8	81.3	53.6	167.3	31.8	47.1	117.3	37.0

Explore Other Stocks In The Same Sector

THD, TEG, PFL, ARM, DLT, VMK, LTC, HID

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

NO1

What Is Changing

Drivers of NO1'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