CVN

Vinam ·UPCOM ·2026Q1

▼▼ Declining sharply

Margins remain under pressure Net margin −48.43%, −48.86pp YoY

Price

1,100

Latest close

29 May 2026

P/E -2.63x

P/B 0.08x

EPS -418

BVPS 13,277

ROE -3.0%

ROA -2.6%

Profit Margin -47.5%

Asset Turnover 0.06x

Equity Mult. 1.16x

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

What Is Changing

On a TTM 2026Q1 basis, CVN posted a very sharp profit drop versus the same period, showing that pressure has clearly fed through to the bottom line — margins have been compressing consistently over multiple periods. More notably, operating cash flow is significantly negative relative to profit — this is pressure that needs close monitoring.

	                            
	                                TTM REVENUE
	                            
	                                    VND 26bn
	                                
−75.4%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    −VND 12bn
	                                
−2837.3%YoY

	                            
	                                CFO / Net Income
	                            
	                                    -3.11x
	                                
negative cash flow vs profit

Metric	2025	2024	2023	2022	2021
Revenue	47.4	95.7	106.4	107.9	76.9
Growth	-50%	-10%	-1%	+40%	—
Net Income	-9.1	2.8	11.0	6.9	22.7
Net Margin	-19.26%	2.95%	10.32%	6.44%	29.56%

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	5.6	2.0	1.1	17.1	27.3	53.6	15.1	8.7	18.4	28.8	24.5	38.4
Growth	+182%	+86%	-94%	-37%	-49%	+255%	+74%	-53%	-36%	+18%	-36%	—
Net Income	-1.3	-7.9	-1.9	-1.4	-1.9	3.0	-0.2	-0.5	0.5	0.9	9.4	0.1
Net Margin	-22.64%	-400.81%	-179.01%	-7.95%	-6.86%	5.57%	-1.18%	-5.56%	2.57%	3.16%	38.33%	0.22%

Drivers of CVN's profit

TTM

Net profit attributable to parent declined vs last year, mainly due to lower gross profit. Supporting and offsetting drivers:

Finance costs ↓ 2.9bn

Gross profit ↓ 8.6bn

Administrative expenses ↑ 1.9bn

Other profit ↓ 1.4bn

TTM

Net profit attributable to parent increased vs prior quarter, mainly helped by lower finance costs. Supporting and offsetting drivers:

Finance costs ↓ 1.2bn

Administrative expenses ↓ 0.5bn

Gross profit ↓ 1.3bn

Other profit ↓ 0.4bn

Selling expenses ↑ 0.2bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 0.1% = 0.4% × 0.22 × 1.15

2026Q1 -3.1% = -48.4% × 0.06 × 1.16

ROE fell from 0.1% to -3.1% — net margin weakened the most, though leverage still provided support.

Net margin: -48.4% -48.9pp Asset turnover: 0.06x -0.17x Leverage: 1.16x +0.00x

Is the profit sustainable?

Start with profitability and earnings quality.

very positive positive stable watch under pressure

What is driving the margin?

Net margin fell to -48.43%, losing 48.9pp. The main pressure is SG&A / Revenue rose 24.0pp, outweighing the improvement in Gross margin rose 2.3pp (with lingering pressure from Other profit / Revenue fell 5.6pp and Net financial result / Revenue fell 5.0pp).

The pressure comes from core operations — this is a concerning type of decline, not a one-off movement.

Profitability trend

Net Margin -48.43% −48.9pp

Gross Margin 14.04% +2.3pp

SG&A / Revenue 28.03% +24.0pp

Non-core / Revenue -15.61% −10.6pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Contribution from financial result

Profit includes a contribution from financial result (32.1% of PBT), not dominant but worth monitoring across periods.

Is capital being used efficiently?

Capital efficiency should be read in industry context — ROIC may fluctuate with business specifics.

Is capital being deployed efficiently?

Track how much operating profit the business generates on invested capital.

Industry characteristics make ROIC cyclical — this is a reference signal and should be read with the business context.

CAPITAL EFFICIENCY TREND

ROIC — —

NOPAT Margin — —

Capital Turnover 0.06x −0.19x

Average Invested Capital 435.0bn +21.2bn

Balance Sheet

ROIC above should be read with industry context — the balance sheet below adds perspective. Capital structure is conservative with low leverage — liabilities at 0.17x equity, net debt at 0.15x equity.

Over the last 12 months, working capital released 0.0bn of cash.

Working Capital Drivers

Receivables were broadly stable → neutral CFO: —

Inventories were broadly stable → neutral CFO: —

Payables were broadly stable → neutral CFO: —

Working Capital Efficiency

Cash conversion cycle lengthened by 229.5 days versus the same period last year. The main moves came from DIO rose 63.5 days, DSO rose 220.4 days, and DPO rose 54.4 days.

Working capital cycle lengthened mainly due to slower receivables collection — receivables quality needs monitoring.

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 462.1 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Receivables collection is slowing

DSO increased by +220.4 days, pointing to slower receivables turnover.

Working Capital Efficiency

Receivables 413.1 days +220.4 days

Inventory 159.5 days +63.5 days

Payables 110.5 days +54.4 days

Cash Conversion Cycle 462.1 days +229.5 days

Is financial risk significant?

Check leverage, liquidity, and cash-flow conversion.

Leverage & Liquidity

Leverage warrants monitoring, with net debt / equity at 0.15x and interest coverage only at -3.69x.

At present, short-term debt accounts for 100.0% of total debt, cash equals 4.9% of debt, and total debt stands at 49.6bn.

Watchpoints

Interest coverage is thin

Interest coverage is -3.69x, 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 0.15x +0.11x

Interest Coverage -3.69x −3.88x

Cash / Debt 4.9% −1.2pp

Short-term Debt / Total Debt 100.0% 0.0pp

CFO / NI -3.11x −592.85x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 37.8bn in 2025, against investing cash flow of -32.8bn.

Post-investment cash flow was positive +5.0bn. Financing cash flow was negative +4.5bn.

CFO / net income was -3.11x.

Track how much investment can be funded internally from operating cash flow.

Cash capex or FCF data is incomplete, so the cash-conversion view is only partial.

Cash Conversion

CFO TTM 38.0bn −274.6bn

Cash Capex — —

FCF TTM — —

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. The next item to monitor is the earnings mix, when non-core contribution is 20.2%. The main risk still sits in core profitability, with net margin down 48.9 pp.

Watchpoint: the earnings mix still needs monitoring, with net financial result still accounting for 20.2% of PBT and CFO / net income currently at -3.11x.

Key risk: profitability remains under pressure, with trailing-12M net margin at -48.43% after a 48.9pp decline versus the same period last year.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	47.4	95.7	106.4	108.5	76.9
Revenue Deductions	—	0.0	0.0	0.6	0.0
Net Revenue	47.4	95.7	106.4	107.9	76.9
Cost of Goods Sold	42.5	82.5	85.2	88.9	0.0
Gross Profit	4.9	13.3	21.1	19.0	29.8
Financial Income	0.4	0.9	2.5	0.0	0.5
Financial Expenses	2.2	4.8	2.5	0.0	-0.2
Interest Expense	1.9	3.9	2.5	0.0	-0.0
Share of Associates and Joint Ventures	-3.6	-1.2	0.0	0.0	-0.0
Selling Expenses	1.0	0.0	0.4	1.2	-0.6
General and Administrative Expenses	7.5	4.7	9.3	9.4	-5.7
Operating Profit	-8.8	3.3	11.5	8.4	23.7
Other Income	0.0	0.0	0.0	0.0	0.0
Other Expenses	0.1	0.2	0.4	0.1	0.0
Other Profit	-0.1	-0.2	-0.4	-0.1	-0.1
Profit Before Tax	-8.9	3.2	11.1	8.3	23.6
Current Income Tax Expense	0.2	0.3	0.1	1.1	-0.9
Deferred Income Tax Expense	—	0.0	0.0	0.2	0.0
Net Income	-9.1	2.8	11.0	6.9	22.7
Non-controlling Interest	-0.3	-0.0	0.1	-0.0	1.2
Profit Attributable to Parent	-8.8	2.8	10.9	7.0	21.6
Earnings per Share	-297.00	95.00	463.00	295.00	1,348.00
Diluted EPS	-297.00	95.46	366.24	235.40	1,088.78

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	34.2	76.6	451.3	355.4	262.1
I. Cash and cash equivalents	2.1	3.5	6.9	90.3	8.6
1. Cash	2.1	3.5	6.9	90.3	0.0
2. Cash equivalents	—	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	0.0	20.0	0.0	0.0
1. Available for sale securities	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
3. Held to maturity investments	—	0.0	20.0	0.0	0.0
III. Short-term receivables	16.9	59.4	379.2	227.8	183.7
1. Short-term trade accounts receivable	18.3	50.5	60.9	109.8	0.0
2. Short-term prepayments to suppliers	3.9	5.3	317.4	117.9	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	1.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	0.6	3.6	0.9	0.1	0.0
7. Provision for short-term doubtful debts (*)	-6.9	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	14.2	13.0	42.9	35.8	69.0
1. Inventories	14.2	13.0	42.9	35.8	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	1.0	0.8	2.2	1.5	0.7
1. Short-term prepayments	—	0.0	0.1	0.1	0.0
2. Value added tax to be reclaimed	0.9	0.8	2.2	1.5	0.0
3. Taxes and other receivables from state authorities	0.0	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)	428.9	400.6	27.7	45.7	30.2
I. Long-term receivables	—	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.0
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	—	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	6.3	8.2	13.2	19.7	10.8
1. Tangible fixed assets	4.4	5.3	8.2	12.0	1.5
- Cost	7.2	7.2	9.6	12.8	0.0
- Accumulated depreciation	-2.8	-1.9	-1.4	-0.8	0.0
2. Financial leased fixed assets	—	0.0	0.0	0.0	9.2
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
3. Intangible fixed assets	1.8	2.9	5.0	7.6	0.0
- Cost	6.2	6.2	7.7	9.2	0.0
- Accumulated depreciation	-4.3	-3.2	-2.7	-1.6	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	9.5	9.5	12.9	24.1	17.4
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	9.5	9.5	12.9	24.1	0.0
V. Long-term financial investments	411.9	381.6	0.0	0.0	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	382.7	351.1	0.0	0.0	0.0
3. Investments in other entities	29.5	30.5	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	-0.4	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	0.0	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	1.3	1.4	1.6	2.0	0.0
1. Long-term prepayments	1.3	1.4	1.6	2.0	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	2.0
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)	463.1	477.2	479.0	401.1	292.3
A. LIABILITIES (300=210+330)	67.6	68.0	73.9	8.7	6.7
I. Short -term liabilities	67.6	55.0	73.9	8.5	6.2
1. Short-term trade accounts payable	12.0	8.9	33.1	4.0	4.1
2. Short-term advances from customers	2.0	0.0	0.0	0.0	0.0
3. Taxes and other payables to state authorities	1.0	1.0	0.1	1.2	0.0
4. Payable to employees	0.3	0.3	1.6	1.8	0.0
5. Short-term acrrued expenses	1.9	0.2	0.2	0.4	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	0.7	24.6	0.5	0.3	0.0
10. Short-term borrowings and financial leases	49.6	20.0	37.8	0.3	0.2
11. Provision for short-term liabilities	—	0.0	0.5	0.5	0.0
12.. Bonus and welfare fund	0.0	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	—	12.9	0.0	0.2	0.5
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	—	12.9	0.0	0.0	0.0
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	0.2	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)	395.5	409.2	405.1	392.5	285.6
I. Owner's equity	395.5	409.2	405.1	392.5	0.0
1. Owner's capital	297.0	296.6	297.0	297.0	285.6
- Common stock with voting right	296,999,910,000.00	296,599,910,000.00	296,999,910,000.00	296,999,910,000.00	197,999,940,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	18.9	18.9	18.9	18.9	19.0
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	0.2	0.2	0.2	0.2	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	69.6	83.1	76.8	64.8	57.8
- Accumulated retained earning at the end of the previous period	78.4	80.2	65.9	57.8	36.3
- Undistributed earnings in this period	-8.8	2.8	10.9	7.0	21.6
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	9.8	10.5	12.2	11.5	10.6
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)	463.1	477.2	479.0	401.1	292.3

Item	2025	2024	2023	2022	2021
Profit Before Tax	-8.9	3.2	11.1	23.6	17.5
Depreciation of Fixed Assets and Investment Property	1.9	1.9	1.8	2.3	0.1
Provision (Increase)/Reversal	3.1	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.4	-0.7	-0.1	0.0	0.0
Gain/Loss from Investment Activities	-0.0	-0.1	-0.7	-0.0	0.0
Interest Expense	1.9	4.8	2.5	0.0	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	-2.5	9.0	14.5	25.9	20.2
Increase/(Decrease) in Receivables	37.0	276.6	-160.6	-40.5	0.0
Increase/(Decrease) in Inventory	-1.3	25.1	-7.3	33.3	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	5.1	4.1	29.7	-25.5	0.0
Increase/(Decrease) in Prepaid Expenses	0.1	0.0	0.2	0.1	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-0.4	-2.3	-2.4	-0.0	0.0
Corporate Income Tax Paid	-0.3	-0.1	-1.1	-0.2	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	37.8	312.6	-127.0	-7.0	-152.5
Payments for Fixed Assets and Other Long-term Assets	-0.0	0.0	-0.0	-11.4	-18.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	-70.5	-111.0	0.0	35.0
Receipts from Loan Repayments and Sale of Debt Instruments	1.0	70.5	91.0	0.0	0.0
Investments in Other Entities	-35.2	-390.9	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	67.2	24.6	0.0	0.0
Dividends and Interest Income Received	1.4	17.6	1.0	0.0	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	-32.8	-306.2	5.6	-11.4	36.8
Proceeds from Equity Issuance and Capital Contributions	—	0.00	600,000,000.00	99,969,970,000.00	108,250,000,000.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	57.4	45.7	37.8	0.5	0.0
Repayment of Borrowings	-61.9	-52.8	-0.3	-0.3	0.0
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	—	0.0	0.0	-0.1	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	-4.5	-7.1	38.1	100.0	108.2
Net Cash Flow During the Period	0.5	-0.6	-83.3	81.6	3.7
Cash and Cash Equivalents at Beginning of Period	1.7	4.1	90.3	8.6	15.4
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	2.1	3.5	6.9	90.3	8.6

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
Revenue	5.6	2.0	1.1	17.1	27.3	53.6	15.1	8.7	18.4	28.8	24.5	38.4
Revenue Deductions	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	5.6	2.0	1.1	17.1	27.3	53.6	15.1	8.7	18.4	28.8	24.5	38.4
Cost of Goods Sold	5.1	1.1	0.8	15.1	25.5	45.5	13.7	7.7	15.6	24.7	13.2	35.4
Gross Profit	0.5	0.9	0.3	2.0	1.8	8.0	1.4	1.0	2.8	4.2	11.3	3.0
Financial Income	0.0	0.1	0.4	0.0	0.0	0.3	0.0	0.5	0.0	0.5	1.8	0.2
Financial Expenses	0.5	0.2	0.9	1.4	1.7	2.8	0.4	1.1	0.7	1.1	0.8	0.5
Interest Expense	0.2	-3.0	0.9	1.4	1.7	1.8	0.4	1.1	0.7	1.2	0.8	0.4
Share of Associates and Joint Ventures	—	-3.8	-0.3	-0.7	-0.6	-1.0	-0.2	0.0	0.0	0.0	0.0	0.0
Selling Expenses	0.2	0.7	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.4	0.0
General and Administrative Expenses	0.7	3.7	0.4	1.2	1.1	1.2	1.0	0.8	1.7	2.3	2.1	2.5
Operating Profit	-0.9	-7.6	-1.3	-1.3	-1.7	3.4	-0.1	-0.5	0.5	1.2	9.7	0.2
Other Income	—	0.0	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Expenses	0.4	0.5	0.6	0.0	0.0	0.1	0.0	0.0	0.0	0.2	0.2	0.0
Other Profit	-0.4	-0.5	-0.6	-0.0	-0.0	-0.1	-0.0	-0.0	-0.0	-0.2	-0.2	-0.0
Profit Before Tax	-1.3	-8.1	-1.9	-1.3	-1.7	3.3	-0.1	-0.5	0.5	1.0	9.5	0.2
Current Income Tax Expense	—	-0.1	—	0.1	0.2	0.3	0.1	0.0	0.0	0.1	0.1	0.1
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	-1.3	-7.9	-1.9	-1.4	-1.9	3.0	-0.2	-0.5	0.5	0.9	9.4	0.1
Non-controlling Interest	-0.0	-0.1	-0.1	-0.0	-0.0	0.0	-0.0	-0.0	-0.0	-0.0	0.1	-0.0
Profit Attributable to Parent	-1.2	-7.8	-1.8	-1.3	-1.8	3.0	-0.2	-0.5	0.5	0.9	9.3	0.1
Earnings per Share	-41.00	-267.00	-64.00	-46.00	-63.00	101.00	-6.00	-16.00	16.00	31.00	395.00	4.00
Diluted EPS	-41.11	-263.80	-62.24	-44.55	-61.49	100.11	-5.30	-15.42	16.17	31.56	313.54	4.00

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)	34.5	44.4	47.1	50.6	53.8	76.6	94.7	329.6	445.6	451.3	446.5	412.1
I. Cash and cash equivalents	2.4	2.1	2.5	1.8	1.2	3.5	2.7	12.2	43.8	6.9	8.4	23.8
1. Cash	2.4	2.1	2.5	1.8	1.2	3.5	2.7	12.2	43.8	6.9	8.4	23.8
2. Cash equivalents	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	1.0	—	—	0.0	0.0	0.0	0.0	0.0	92.4	20.0	30.0	83.0
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	1.0	—	—	—	—	0.0	0.0	0.0	92.4	20.0	30.0	83.0
III. Short-term receivables	20.6	16.9	20.3	36.3	42.0	59.4	34.6	265.7	269.0	379.2	335.2	263.0
1. Short-term trade accounts receivable	23.0	18.3	19.1	29.6	35.2	50.5	25.1	77.7	75.2	60.9	50.0	91.8
2. Short-term prepayments to suppliers	3.9	3.9	3.9	3.9	3.9	5.3	7.2	162.6	192.9	317.4	284.9	171.1
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	0.7	1.6	1.4	2.8	2.9	3.6	2.3	25.3	0.8	0.9	0.2	0.1
7. Provision for short-term doubtful debts (*)	-6.9	-6.9	-4.1	—	—	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	9.5	23.2	23.2	11.7	9.8	13.0	55.0	49.3	38.8	42.9	69.6	40.6
1. Inventories	9.5	23.2	23.2	11.7	9.8	13.0	55.0	49.3	38.8	42.9	69.6	40.6
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	0.9	2.2	1.0	0.8	0.8	0.8	2.3	2.3	1.6	2.2	3.3	1.7
1. Short-term prepayments	0.1	1.2	0.1	—	—	0.0	0.0	0.0	0.2	0.1	0.1	0.0
2. Value added tax to be reclaimed	0.9	0.9	0.9	0.8	0.8	0.8	2.3	2.3	1.4	2.2	3.2	1.6
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
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)	428.4	412.7	420.7	417.8	414.0	400.6	365.4	109.5	27.1	27.7	28.4	39.9
I. Long-term receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	5.8	6.3	6.8	7.3	7.7	8.2	8.7	11.2	12.6	13.2	13.8	18.8
1. Tangible fixed assets	4.2	4.4	4.6	4.9	5.1	5.3	5.5	7.7	7.9	8.2	8.4	12.0
- Cost	7.2	—	—	—	—	7.2	7.2	9.6	9.6	9.6	9.6	13.4
- Accumulated depreciation	-3.0	—	—	—	—	-1.9	-1.7	-1.9	-1.6	-1.4	-1.2	-1.4
2. Financial leased fixed assets	—	—	—	—	—	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
- Accumulated depreciation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	1.6	1.8	2.1	2.4	2.7	2.9	3.2	3.5	4.7	5.0	5.4	6.9
- Cost	6.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-4.6	—	—	—	—	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
- Cost	—	—	—	—	—	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	9.5	0.4	0.4	9.5	9.5	9.5	9.5	12.9	12.9	12.9	12.9	19.2
1. Long-term production in progress	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	9.5	0.4	0.4	9.5	9.5	9.5	9.5	12.9	12.9	12.9	12.9	19.2
V. Long-term financial investments	411.9	406.0	412.2	399.8	395.5	381.6	345.9	84.0	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	382.8	382.5	385.4	376.7	366.0	351.1	327.2	84.0	0.0	0.0	0.0	0.0
3. Investments in other entities	29.5	29.5	29.5	29.5	29.5	30.5	18.7	0.0	0.0	0.0	0.0	0.0
4. Provision for diminution in value of long-term investments	-0.4	-6.0	-2.6	-6.4	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Held to maturity investments	—	—	—	—	—	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
VI. Other long-term assets	1.3	0.0	1.3	1.3	1.3	1.4	1.4	1.4	1.6	1.6	1.7	1.9
1. Long-term prepayments	1.3	0.0	1.3	1.3	1.3	1.4	1.4	1.4	1.6	1.6	1.7	1.9
2. Deferred income tax assets	—	—	—	—	—	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)	463.0	457.1	467.7	468.5	467.8	477.2	460.0	439.0	472.7	479.0	474.9	452.0
A. LIABILITIES (300=210+330)	68.6	67.4	67.1	65.6	58.1	68.0	56.1	34.8	67.6	73.9	70.3	56.7
I. Short -term liabilities	68.6	67.4	67.1	65.6	58.1	55.0	56.1	34.8	67.6	73.9	70.3	56.7
1. Short-term trade accounts payable	11.5	12.0	14.7	17.6	1.9	8.9	7.7	18.0	26.5	33.1	30.6	39.9
2. Short-term advances from customers	2.1	2.0	2.0	1.3	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Taxes and other payables to state authorities	1.0	0.9	1.0	0.6	1.3	1.0	0.1	0.1	0.2	0.1	0.5	0.4
4. Payable to employees	0.6	0.3	0.7	0.5	0.3	0.3	0.4	0.3	0.8	1.6	0.6	0.7
5. Short-term acrrued expenses	2.4	1.0	0.1	0.2	0.2	0.2	0.2	0.3	0.7	0.2	0.0	0.0
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	0.0	0.0	0.0
9. Other short-term payables	1.4	0.7	45.7	45.3	34.4	24.6	12.7	0.9	1.0	0.5	0.1	0.1
10. Short-term borrowings and financial leases	49.6	50.4	2.9	—	20.0	20.0	35.0	15.1	37.8	37.8	37.9	15.0
11. Provision for short-term liabilities	—	—	—	—	—	0.0	0.0	0.0	0.5	0.5	0.5	0.5
12.. Bonus and welfare 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
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	—	—	—	—	—	12.9	0.0	0.0	0.0	0.0	0.0	0.0
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	—	—	—	—	—	12.9	0.0	0.0	0.0	0.0	0.0	0.0
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)	394.3	389.7	400.7	402.9	409.7	409.2	403.9	404.3	405.1	405.1	404.5	395.3
I. Owner's equity	394.3	389.7	400.7	402.9	409.7	409.2	403.9	404.3	405.1	405.1	404.5	395.3
1. Owner's capital	297.0	297.0	297.0	297.0	297.0	296.6	296.6	295.6	297.0	297.0	297.0	297.0
- Common stock with voting right	296,999,910,000.00	296,999,910,000.00	296,999,910,000.00	296,999,910,000.00	296,999,910,000.00	296,599,910,000.00	296,599,910,000.00	295,599,910,000.00	296,999,910,000.00	296,999,910,000.00	296,999,910,000.00	296,999,910,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	18.9	18.9	18.9	18.9	18.9	18.9	18.9	18.9	18.9	18.9	18.9	18.9
3. Convertible bond option	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	9.8	—	—	—	—	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	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
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	68.4	63.9	74.6	76.8	83.6	83.1	77.8	77.1	78.0	76.8	76.2	67.7
- Accumulated retained earning at the end of the previous period	69.6	75.1	80.0	80.0	85.4	80.2	78.0	77.1	77.6	65.9	66.6	67.5
- Undistributed earnings in this period	-1.2	-11.1	-5.3	-3.1	-1.8	2.8	-0.2	0.0	0.5	10.9	9.5	0.2
12. Reserves for investment in construction	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	9.6	9.9	10.0	10.0	10.5	10.4	12.5	10.9	12.2	12.2	11.5
14. Financial reserves	—	—	—	—	—	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)	463.0	457.1	467.7	468.5	467.8	477.2	460.0	439.0	472.7	479.0	474.9	452.0

Item	Q1'26	Q4'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Profit Before Tax	-1.3	-5.3	-3.6	—	3.2	0.0	0.0	0.0	11.1	-1.7	1.7	0.0
Depreciation of Fixed Assets and Investment Property	0.5	1.0	1.0	—	1.9	0.0	0.0	0.0	1.8	-1.4	1.4	0.0
Provision (Increase)/Reversal	0.1	0.2	2.9	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	-0.1	-0.3	—	-0.7	0.0	0.0	0.0	-0.1	0.0	0.0	0.0
Gain/Loss from Investment Activities	—	-0.0	-0.0	—	-0.1	0.0	0.0	0.0	-0.7	0.8	-0.8	0.0
Interest Expense	—	0.8	1.1	—	4.8	0.0	0.0	0.0	2.5	-0.5	0.5	0.0
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	-0.7	-3.5	1.0	—	9.0	0.0	0.0	0.0	14.5	-2.8	2.8	0.0
Increase/(Decrease) in Receivables	-4.6	13.4	23.6	—	276.6	0.0	0.0	0.0	-160.6	31.1	-31.1	0.0
Increase/(Decrease) in Inventory	4.6	-2.5	1.2	—	25.1	0.0	0.0	0.0	-7.3	4.2	-4.2	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	1.0	-4.8	9.9	—	4.1	0.0	0.0	0.0	29.7	-29.7	29.7	0.0
Increase/(Decrease) in Prepaid Expenses	-0.1	0.0	0.0	—	0.0	0.0	0.0	0.0	0.2	0.0	-0.0	0.0
Changes in Trading Securities	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	-0.0	-0.4	—	-2.3	0.0	0.0	0.0	-2.4	0.5	-0.5	0.0
Corporate Income Tax Paid	—	0.0	-0.3	—	-0.1	0.0	-0.0	0.0	0.0	0.0	-1.1	0.0
Other Operating Receipts	—	—	—	—	0.0	-155.5	30.3	125.1	-133.1	133.1	-0.5	0.5
Other Operating Payments	—	—	—	-16.9	0.0	12.7	-11.3	-1.5	5.9	-5.9	0.8	-0.8
Net Cash Flow from Operating Activities	0.3	2.7	24.8	10.3	312.6	-56.6	-52.1	108.8	-2.4	-120.2	0.0	-4.5
Payments for Fixed Assets and Other Long-term Assets	—	0.0	-0.0	—	0.0	0.0	0.0	0.0	-0.0	0.4	-0.4	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	—	—	—	-70.5	0.0	0.0	0.0	-111.0	28.0	-28.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	1.0	—	70.5	0.0	0.0	0.0	91.0	0.0	0.0	0.0
Investments in Other Entities	—	—	—	—	-390.9	86.5	-86.5	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	1.0	67.2	-56.9	56.9	0.0	-10.0	29.9	4.7	0.0
Dividends and Interest Income Received	—	1.4	-2.5	2.5	17.6	0.0	-0.4	0.4	0.4	0.3	0.3	0.0
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	—	-8.1	-13.9	-10.8	-306.2	29.6	42.3	-71.9	0.4	28.6	-23.4	0.0
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	0.00	-1,000,000,000.00	1,000,000,000.00	0.00	599,400,000.00	-599,400,000.00	600,000,000.00	0.00
Share Repurchases	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	—	27.5	9.9	20.0	45.7	-15.1	0.1	15.0	-0.1	22.9	0.0	15.0
Repayment of Borrowings	—	-21.6	-20.3	-20.0	-52.8	37.8	-22.8	-15.0	0.0	0.0	0.0	-0.3
Repayment of Finance Leases	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	—	—	—	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
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	—	5.9	-10.4	0.0	-7.1	21.7	-21.7	0.0	0.5	22.3	0.6	14.7
Net Cash Flow During the Period	0.3	0.4	0.6	-0.6	-0.6	-5.2	-31.6	36.8	-1.5	-69.3	-22.8	10.2
Cash and Cash Equivalents at Beginning of Period	2.1	1.7	1.2	1.8	4.1	0.0	7.0	7.0	90.3	90.3	90.3	90.3
FX Difference from Revaluation	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	2.4	2.1	1.7	1.2	3.5	0.0	12.2	43.8	6.9	8.4	77.7	100.5

Explore Other Stocks In The Same Sector

HAG, NSC, BAF, VSF, VOC, KTC, TCO, CFV, LTG, KGM, SSC, MCF, TAN, BLT, HKT, SEP, FHN, SVN, BHG, HSL, CTP, CNA, VLF, CPA, FGL, TAR, HKB, AGM, HNG

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

CVN

What Is Changing

Drivers of CVN'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