DTL

Đại Thiên Lộc ·HOSE ·2026Q1

▼▼ Declining sharply

Margins remain under pressure Net margin −5.03%, −5.87pp YoY

Price

11,000

Latest close

03 Jun 2026

P/E -7.45x

P/B 1.16x

EPS -1,476

BVPS 9,484

ROE -13.7%

ROA -4.5%

Profit Margin -5.0%

Asset Turnover 0.89x

Equity Mult. 3.04x

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

What Is Changing

On a TTM 2026Q1 basis, DTL posted a very sharp profit drop versus the same period, showing that pressure has clearly fed through to the bottom line — profit is at an all-time high. More notably, profit is significantly supported by non-core sources and operating cash flow is not yet positive — the earnings quality picture needs close monitoring.

	                            
	                                TTM REVENUE
	                            
	                                    VND 1,780bn
	                                
−10.5%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    −VND 90bn
	                                
−635.1%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    77.7%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	1,863.0	1,966.8	1,971.6	1,612.5	1,350.0
Growth	-5%	-0%	+22%	+19%	—
Net Income	-161.5	4.3	-156.1	-152.7	48.7
Net Margin	-8.67%	0.22%	-7.92%	-9.47%	3.60%

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	303.1	444.9	427.1	604.9	381.5	554.4	635.2	417.6	369.9	476.1	496.1	461.3
Growth	-32%	+4%	-29%	+59%	-31%	-13%	+52%	+13%	-22%	-4%	+8%	—
Net Income	-15.3	-22.5	-26.2	-25.6	-30.6	0.9	0.9	45.6	-24.9	-36.1	4.3	-54.8
Net Margin	-5.05%	-5.05%	-6.13%	-4.22%	-8.02%	0.16%	0.14%	10.91%	-6.73%	-7.58%	0.86%	-11.89%

Drivers of DTL's profit

TTM

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

Other profit ↓ 98.6bn

Gross profit ↓ 16.0bn

TTM

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

Gross profit ↑ 11.7bn

Other profit ↑ 5.1bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 2.3% = 0.8% × 0.99 × 2.75

2026Q1 -13.7% = -5.0% × 0.89 × 3.04

ROE fell from 2.3% to -13.7% — asset turnover weakened the most, though leverage still provided support.

Net margin: -5.0% -5.9pp Asset turnover: 0.89x -0.09x Leverage: 3.04x +0.28x

Is the profit sustainable?

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

very positive positive stable watch under pressure

What is driving the margin?

Net margin fell to -5.03%, losing 5.9pp. The main pressure is Gross margin fell 0.8pp, outweighing the improvement in SG&A / Revenue fell 0.1pp (with lingering pressure from Other profit / Revenue fell 5.0pp and Net financial result / Revenue fell 0.2pp).

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

Profitability trend

Net Margin -5.03% −5.9pp

Gross Margin 0.09% −0.8pp

SG&A / Revenue 1.09% −0.1pp

Non-core / Revenue -4.02% −5.2pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result share remains high

Even though contribution decreased by 5.2pp, financial result still accounts for 80.0% of PBT — earnings durability should be monitored in coming 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 1.61x +0.41x

Average Invested Capital 1,102.3bn −548.8bn

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 2.26x equity, net debt at 0.15x equity.

Inventory ended the period at 901.6bn, roughly 46.3% of total assets.

Over the last 12 months, working capital released 171.1bn of cash, mainly thanks to lower receivables and lower inventories. Pressure from lower payables only partly offset that benefit.

Working Capital Drivers

Receivables decreased → higher CFO: +130.0bn

Inventories decreased → higher CFO: +82.2bn

Payables decreased → lower CFO: −41.1bn

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 16.3 days versus the same period last year. The main moves came from DIO rose 7.6 days, DSO fell 6.2 days, and DPO rose 17.8 days.

Extended payment timing is the main driver — consider whether this trades off supplier relationships.

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 201.9 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Inventory turnover is slowing

DIO increased by +7.6 days, suggesting more capital is being tied up in inventories.

Working Capital Efficiency

Receivables 47.4 days −6.2 days

Inventory 208.6 days +7.6 days

Payables 54.1 days +17.8 days

Cash Conversion Cycle 201.9 days −16.3 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 -1.26x.

At present, short-term debt accounts for 100.0% of total debt, cash equals 4254.2% of debt, and total debt stands at 0.6bn.

Watchpoints

Interest coverage is thin

Interest coverage is -1.26x, 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 −1.10x

Interest Coverage -1.26x −0.18x

Cash / Debt 4254.2% +4253.3pp

Short-term Debt / Total Debt 100.0% +7.8pp

CFO / NI -0.73x −0.66x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

Operating cash flow reached -72.8bn in 2025, against investing cash flow of -41.8bn.

Post-investment cash flow was negative +114.6bn. Financing cash flow was positive +115.5bn.

CFO / net income was -0.73x.

After spending +27.2bn on fixed-asset investment, the business generated trailing free cash flow of +38.0bn.

Cash Conversion

CFO TTM 65.2bn +66.3bn

Cash Capex 27.2bn −192.8bn

FCF TTM +38.0bn +259.1bn

Investment Takeaway

The business is under real pressure, but the current picture has not turned broadly adverse. A notable area has clearly weakened, making the near-term outlook hard to call bright; even so, other parts of the business are still holding up, with margins remain under pressure remaining the main constraint, with net margin down 5.9 pp. The next watchpoint is the earnings mix, when non-core contribution is 77.7%. The main offsetting support comes from cash generation.

Improvement: cash generation is recovering, with trailing-12M FCF improving by 259.1bn versus the same period last year.

Watchpoint: the earnings mix still needs monitoring, with net financial result still accounting for 77.7% of PBT and CFO / net income currently at -0.73x.

Key risk: profitability remains under pressure, with trailing-12M net margin at -5.03% after a 5.9pp decline versus the same period last year.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	1,863.2	1,967.0	1,972.5	1,614.0	1,350.2
Revenue Deductions	0.2	0.2	0.9	1.5	0.0
Net Revenue	1,863.0	1,966.8	1,971.6	1,612.5	1,350.0
Cost of Goods Sold	1,898.4	1,972.0	2,007.3	1,574.1	0.0
Gross Profit	-35.5	-5.2	-35.7	38.4	159.3
Financial Income	0.2	0.5	2.3	0.4	0.9
Financial Expenses	75.9	79.0	101.7	74.2	-42.9
Interest Expense	71.8	73.6	99.2	54.0	-42.0
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	2.8	3.4	5.9	6.8	-5.1
General and Administrative Expenses	19.7	24.8	19.6	21.0	-17.8
Operating Profit	-133.7	-111.9	-160.6	-63.2	94.4
Other Income	13.0	137.7	62.1	3.8	0.0
Other Expenses	25.0	24.8	31.9	62.8	0.0
Other Profit	-12.0	112.8	30.1	-59.0	-46.7
Profit Before Tax	-145.7	1.0	-130.5	-122.2	47.7
Current Income Tax Expense	—	0.0	0.0	30.5	0.9
Deferred Income Tax Expense	15.8	-3.3	25.7	30.5	0.0
Net Income	-161.5	4.3	-156.1	-152.7	48.7
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	-161.5	4.3	-156.1	-152.7	48.7
Earnings per Share	-2,664.00	70.00	-2,575.00	-2,518.00	817.00
Diluted EPS	-2,664.00	70.00	-2,575.00	-2,518.00	791.94

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,199.2	1,516.1	1,546.2	1,776.2	1,182.6
I. Cash and cash equivalents	5.5	4.5	26.3	4.1	5.5
1. Cash	1.9	4.5	26.3	4.1	0.0
2. Cash equivalents	3.6	0.0	0.0	0.0	0.0
II. Short-term financial investments	7.0	0.0	0.0	26.7	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	7.0	0.0	0.0	26.7	0.0
III. Short-term receivables	246.5	362.7	394.0	485.9	156.4
1. Short-term trade accounts receivable	255.5	351.2	340.7	377.9	0.0
2. Short-term prepayments to suppliers	2.8	22.5	57.7	106.4	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	13.7	13.6	16.7	23.5	0.0
7. Provision for short-term doubtful debts (*)	-25.6	-24.6	-21.1	-22.0	0.0
8. Assets awaiting resolution	0.0	0.0	0.1	0.1	0.0
IV. Inventories	901.6	1,124.5	1,122.9	1,240.2	1,009.8
1. Inventories	903.3	1,124.5	1,122.9	1,240.2	0.0
2. Provision for decline in value of inventories	-1.7	0.0	0.0	0.0	0.0
V. Other short-term assets	38.7	24.4	3.0	19.3	10.9
1. Short-term prepayments	0.4	0.6	1.0	2.6	0.0
2. Value added tax to be reclaimed	38.2	23.8	2.0	16.7	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)	747.4	603.7	526.6	592.4	698.4
I. Long-term receivables	2.2	2.2	2.2	2.2	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	2.2	2.2	2.2	2.2	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	350.6	305.7	304.2	346.4	454.2
1. Tangible fixed assets	339.1	289.3	275.6	311.2	430.7
- Cost	704.3	607.2	709.9	1,190.6	0.0
- Accumulated depreciation	-365.1	-317.9	-434.3	-879.4	0.0
2. Financial leased fixed assets	11.5	16.4	22.3	28.6	16.6
- Cost	30.7	30.7	30.7	30.7	0.0
- Accumulated depreciation	-19.3	-14.4	-8.4	-2.2	0.0
3. Intangible fixed assets	—	0.0	6.3	6.6	6.8
- Cost	0.6	0.6	11.8	11.8	0.0
- Accumulated depreciation	-0.6	-0.6	-5.5	-5.3	0.0
III. Investment properties	8.8	9.6	0.0	0.0	0.0
- Cost	19.9	19.9	0.0	0.0	0.0
- Accumulated depreciation	-11.2	-10.3	0.0	0.0	0.0
IV. Long-term assets in progress	351.7	248.9	181.0	204.2	202.2
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	351.7	248.9	181.0	204.2	0.0
V. Long-term financial investments	—	0.0	0.0	0.0	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	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	34.2	37.4	39.3	39.6	0.0
1. Long-term prepayments	34.2	37.4	39.3	39.6	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	42.0
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)	1,946.6	2,119.8	2,072.8	2,368.6	1,881.0
A. LIABILITIES (300=210+330)	1,348.7	1,360.4	1,317.5	1,457.0	820.0
I. Short -term liabilities	1,276.8	1,298.8	1,247.3	1,409.4	819.7
1. Short-term trade accounts payable	179.5	279.6	155.3	126.8	223.1
2. Short-term advances from customers	10.8	57.5	59.8	16.9	12.1
3. Taxes and other payables to state authorities	8.2	6.5	0.7	0.8	0.0
4. Payable to employees	3.1	1.5	1.3	3.3	0.0
5. Short-term acrrued expenses	24.0	18.4	15.9	15.5	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	10.4	14.0	29.7	21.6	0.0
10. Short-term borrowings and financial leases	1,031.1	911.4	974.6	1,214.4	424.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	9.6	9.8	9.9	10.1	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	71.9	61.6	70.2	47.5	0.3
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	1.4	2.7	0.0	0.0	0.0
8. Long-term borrowings and financial leases	—	4.1	9.7	15.2	0.3
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	70.5	54.7	58.0	32.3	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	2.6	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	598.0	759.5	755.3	911.6	1,061.0
I. Owner's equity	598.0	759.5	755.3	911.6	0.0
1. Owner's capital	614.4	614.4	614.4	614.4	1,061.0
- Common stock with voting right	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	166.8	166.8	166.8	166.8	166.8
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	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	49.2	49.2	49.2	49.2	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	2.2	2.2	2.3	2.5	0.0
11. Undistributed earnings after tax	-220.2	-58.7	-62.9	93.2	245.6
- Accumulated retained earning at the end of the previous period	-58.7	-62.9	93.2	245.9	194.5
- Undistributed earnings in this period	-161.5	4.3	-156.1	-152.7	51.0
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	1,946.6	2,119.8	2,072.8	2,368.6	1,881.0

Item	2025	2024	2023	2022	2021
Profit Before Tax	-145.7	1.0	-130.5	-122.2	33.2
Depreciation of Fixed Assets and Investment Property	54.4	61.3	46.7	122.6	68.3
Provision (Increase)/Reversal	2.7	3.5	-0.9	0.6	0.0
FX Gain/Loss from Revaluation of Monetary Items	0.2	3.2	2.0	2.0	0.0
Gain/Loss from Investment Activities	-11.6	-137.8	-72.0	-2.0	0.0
Interest Expense	71.8	73.6	99.2	56.0	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	-28.3	4.8	-55.5	57.1	165.4
Increase/(Decrease) in Receivables	30.2	88.9	193.6	-327.3	0.0
Increase/(Decrease) in Inventory	200.7	-1.6	117.3	-233.9	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-214.8	8.3	81.4	-204.2	0.0
Increase/(Decrease) in Prepaid Expenses	3.3	2.4	1.9	-1.8	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-63.8	-70.0	-99.2	-56.0	0.0
Corporate Income Tax Paid	—	0.0	0.0	0.0	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-0.2	-0.2	-0.5	-0.4	0.0
Net Cash Flow from Operating Activities	-72.8	32.6	239.0	-766.7	344.7
Payments for Fixed Assets and Other Long-term Assets	-32.8	-173.1	-0.5	-15.2	-28.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	1.6	187.4	0.7	30.8	0.9
Loans and Purchases of Debt Instruments	-10.6	0.0	0.0	-78.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	26.7	51.3	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	0.1	0.0	1.6	0.1	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	-41.8	14.3	28.5	-11.1	-27.3
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	1,702.9	1,863.7	1,988.5	2,153.6	705.9
Repayment of Borrowings	-1,583.3	-1,926.9	-2,228.3	-1,369.8	-1,025.6
Repayment of Finance Leases	-4.1	-5.5	-5.5	-8.1	0.0
Dividends Paid	—	0.0	0.0	0.0	0.0
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	115.5	-68.7	-245.4	775.7	-319.7
Net Cash Flow During the Period	0.9	-21.8	22.1	-2.1	0.8
Cash and Cash Equivalents at Beginning of Period	4.5	26.3	4.1	5.6	7.8
FX Difference from Revaluation	0.1	0.0	0.0	0.5	0.4
Cash and Cash Equivalents at End of Period	5.5	4.5	26.3	4.1	5.5

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	303.5	444.9	427.2	605.1	381.5	554.5	635.2	417.7	369.9	476.8	496.1	461.5
Revenue Deductions	0.4	—	0.1	0.1	—	0.1	0.0	0.1	0.0	0.7	0.0	0.2
Net Revenue	303.1	444.9	427.1	604.9	381.5	554.4	635.2	417.6	369.9	476.1	496.1	461.3
Cost of Goods Sold	295.9	442.6	427.5	612.5	386.0	560.6	627.3	397.3	370.7	478.5	518.4	478.4
Gross Profit	7.2	2.3	-0.4	-7.6	-4.5	-6.2	7.8	20.4	-0.8	-2.4	-22.4	-17.1
Financial Income	0.0	0.1	0.0	0.0	0.0	0.2	0.0	0.0	0.0	0.3	0.0	0.1
Financial Expenses	17.9	17.4	15.8	18.6	16.5	20.2	16.9	20.4	18.7	24.6	25.1	27.7
Interest Expense	17.5	16.4	15.8	16.0	16.3	16.5	16.9	18.9	18.7	22.4	25.0	27.5
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	0.5	0.7	0.6	0.7	0.4	1.0	0.5	0.9	0.5	1.5	0.8	1.6
General and Administrative Expenses	3.8	4.1	4.6	4.6	3.7	5.5	4.8	6.7	4.0	3.9	3.9	4.6
Operating Profit	-14.9	-19.9	-21.4	-31.4	-25.1	-32.7	-14.4	-7.6	-23.9	-32.1	-52.0	-50.9
Other Income	0.1	0.0	0.0	11.7	0.2	97.0	77.0	56.1	0.0	3.2	86.0	0.1
Other Expenses	0.5	2.6	4.9	5.9	5.7	63.4	61.8	2.9	1.0	7.2	29.7	4.0
Other Profit	-0.5	-2.6	-4.8	5.8	-5.5	33.6	15.2	53.2	-1.0	-4.0	56.3	-3.9
Profit Before Tax	-15.3	-22.5	-26.2	-25.6	-30.6	0.9	0.9	45.6	-24.9	-36.1	4.3	-54.8
Current Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	-15.3	-22.5	-26.2	-25.6	-30.6	0.9	0.9	45.6	-24.9	-36.1	4.3	-54.8
Non-controlling Interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	-15.3	-22.5	-26.2	-25.6	-30.6	0.9	0.9	45.6	-24.9	-36.1	4.3	-54.8
Earnings per Share	-253.00	-370.00	-432.00	-421.00	-505.00	16.00	15.00	783.00	-428.00	-620.00	73.00	-942.00
Diluted EPS	-249.36	-365.55	-426.51	-415.90	-498.07	14.78	14.11	741.53	-405.35	-587.41	69.59	-892.46

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)	1,134.7	1,294.6	1,256.8	1,169.9	1,500.6	1,570.9	1,582.3	1,362.3	1,404.6	1,497.9	1,535.1	1,533.2
I. Cash and cash equivalents	24.3	12.1	27.1	2.0	7.7	4.3	2.2	1.6	17.5	25.9	4.8	4.6
1. Cash	15.3	1.5	18.0	2.0	7.7	4.3	2.2	1.6	17.5	25.9	4.8	4.6
2. Cash equivalents	9.0	10.6	9.1	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Available for sale securities	—	—	—	—	—	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
3. Held to maturity investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	113.8	402.0	383.7	280.1	378.6	436.5	416.8	213.0	297.3	364.8	361.0	328.1
1. Short-term trade accounts receivable	110.3	408.0	373.5	277.3	352.0	430.8	401.7	137.2	231.6	348.3	294.3	269.5
2. Short-term prepayments to suppliers	6.6	3.0	14.1	12.5	31.1	22.5	8.4	71.5	70.0	24.9	66.3	58.3
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	21.1	14.2	19.3	13.5	18.7	5.9	28.6	26.1	16.3	12.9	22.7	22.5
7. Provision for short-term doubtful debts (*)	-24.2	-23.2	-23.2	-23.2	-23.2	-22.8	-22.0	-22.0	-20.6	-21.4	-22.4	-22.4
8. Assets awaiting resolution	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.1	0.1
IV. Inventories	948.0	836.0	809.2	854.5	1,085.1	1,102.7	1,147.9	1,142.1	1,085.8	1,101.0	1,158.7	1,181.9
1. Inventories	948.0	836.0	809.2	854.5	1,085.1	1,102.7	1,147.9	1,142.1	1,085.8	1,101.0	1,158.7	1,181.9
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	48.5	44.5	36.8	33.3	29.2	27.4	15.4	5.7	4.0	6.2	10.7	18.5
1. Short-term prepayments	1.1	1.4	2.0	2.4	2.9	3.6	2.8	3.3	3.8	4.5	5.6	6.5
2. Value added tax to be reclaimed	46.7	43.1	34.8	30.9	26.3	23.8	12.6	2.4	0.1	1.7	5.0	11.9
3. Taxes and other receivables from state authorities	0.7	—	—	—	—	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)	739.7	756.6	698.6	697.8	605.8	600.6	636.8	518.1	509.4	521.6	527.9	558.9
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	340.7	355.4	367.1	380.9	297.0	315.3	343.2	273.9	288.8	302.6	311.6	334.1
1. Tangible fixed assets	330.1	343.9	354.7	367.3	282.0	293.0	319.3	248.4	261.8	274.0	281.4	302.3
- Cost	711.8	—	—	—	—	614.8	759.0	673.6	708.8	704.9	708.8	1,017.8
- Accumulated depreciation	-381.7	—	—	—	—	-321.8	-439.7	-425.2	-447.0	-430.9	-427.4	-715.5
2. Financial leased fixed assets	10.6	11.5	12.4	13.6	15.0	16.4	17.8	19.3	20.8	22.3	23.8	25.4
- Cost	30.7	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-20.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	—	—	—	—	—	6.0	6.1	6.1	6.2	6.3	6.3	6.4
- 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
III. Investment properties	5.6	5.7	5.8	5.8	5.9	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	11.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-6.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	358.4	360.2	290.2	275.2	266.7	248.8	256.8	207.3	183.2	181.3	178.3	186.5
1. Long-term production in progress	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	358.4	360.2	290.2	275.2	266.7	248.8	256.8	207.3	183.2	181.3	178.3	186.5
V. Long-term financial investments	—	—	—	—	—	0.0	526.3	0.0	0.0	0.0	0.0	0.0
1. Investments in subsidiaries	—	—	—	—	—	0.0	804.2	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	—	—	—	—	—	0.0	-277.9	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	35.0	35.3	35.6	35.9	36.1	36.4	36.7	37.0	37.4	37.7	37.9	38.2
1. Long-term prepayments	32.9	33.1	33.4	33.7	34.0	34.3	34.6	34.9	35.1	35.4	35.7	36.0
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	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2
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)	1,874.3	2,051.2	1,955.3	1,867.7	2,106.3	2,171.4	2,219.1	1,880.5	1,914.0	2,019.5	2,063.0	2,092.0
A. LIABILITIES (300=210+330)	1,291.7	1,412.9	1,295.5	1,167.0	1,377.5	1,414.2	1,458.6	1,115.6	1,183.6	1,260.0	1,259.1	1,273.5
I. Short -term liabilities	1,227.6	1,251.8	1,150.5	1,036.0	1,250.7	1,311.4	1,347.7	1,036.4	1,117.2	1,203.3	1,209.8	1,237.7
1. Short-term trade accounts payable	231.7	277.7	219.3	138.1	295.3	333.4	390.2	112.8	96.3	157.7	113.6	104.3
2. Short-term advances from customers	72.0	13.1	9.1	27.9	41.2	61.3	45.1	10.9	59.4	29.6	63.2	16.3
3. Taxes and other payables to state authorities	3.6	13.9	24.3	21.8	3.3	6.5	1.1	0.8	0.7	0.7	0.7	0.7
4. Payable to employees	0.1	0.1	0.1	0.8	0.1	0.3	0.4	1.5	0.1	0.9	0.1	0.8
5. Short-term acrrued expenses	15.1	15.1	15.1	15.1	15.1	15.1	15.1	15.1	15.4	14.8	14.8	14.8
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	0.6	4.3	7.4	8.2	33.6	16.8	10.7	0.4	1.6	5.4	5.2	0.5
10. Short-term borrowings and financial leases	0.6	918.1	865.4	814.4	852.4	868.0	875.2	885.0	933.9	984.3	1,002.2	1,090.2
11. Provision for short-term liabilities	895.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	9.5	9.6	9.7	9.7	9.7	9.8	9.8	9.8	9.9	10.0	10.0	10.1
13. Price stabilization fund	9.5	—	—	—	—	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	64.1	161.1	145.0	131.0	126.7	102.8	110.8	79.3	66.3	56.7	49.4	35.8
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	—	113.1	85.4	76.3	72.0	47.6	56.2	24.6	9.7	0.0	0.2	3.5
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	64.1	47.9	59.5	54.7	54.7	55.2	54.6	54.6	56.6	56.6	49.2	32.3
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)	582.6	638.3	659.9	700.6	728.9	757.3	760.5	764.8	730.4	759.5	803.9	818.5
I. Owner's equity	582.6	638.3	659.9	700.6	728.9	757.3	760.5	764.8	730.4	759.5	803.9	818.5
1. Owner's capital	614.4	614.4	614.4	614.4	614.4	614.4	614.4	614.4	614.4	614.4	614.4	614.4
- Common stock with voting right	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00	614,356,040,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	166.8	166.8	166.8	166.8	166.8	166.8	166.8	166.8	166.8	166.8	166.8	166.8
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	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00	-14,481,143,515.00
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	49.2	49.2	49.2	49.2	49.2	49.2	49.2	49.2	49.2	49.2	49.2	49.2
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	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.2	2.3	2.3	2.5	2.5
11. Undistributed earnings after tax	-235.5	-179.8	-158.2	-117.5	-89.3	-60.8	-57.6	-53.3	-87.8	-58.7	-14.5	0.1
- Accumulated retained earning at the end of the previous period	-220.2	-58.7	-58.7	-58.7	-58.7	-62.9	-62.9	-62.9	-62.9	93.2	93.2	93.2
- Undistributed earnings in this period	-15.3	-121.2	-99.6	-58.8	-30.6	2.1	5.3	9.6	-24.9	-151.9	-107.7	-93.1
12. Reserves for investment in construction	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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)	1,874.3	2,051.2	1,955.3	1,867.7	2,106.3	2,171.4	2,219.1	1,880.5	1,914.0	2,019.5	2,063.0	2,092.0

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
Profit Before Tax	-15.3	-51.0	-26.2	-37.9	-30.6	-3.2	0.9	29.3	-24.9	-130.5	110.8	-71.7
Depreciation of Fixed Assets and Investment Property	13.0	13.6	13.8	14.7	12.3	14.4	16.0	14.5	14.6	46.7	-31.1	6.5
Provision (Increase)/Reversal	—	-0.8	—	3.4	—	6.1	-9.0	2.9	0.0	-0.9	-0.2	0.2
FX Gain/Loss from Revaluation of Monetary Items	0.3	-2.6	0.3	2.4	0.1	3.5	-1.6	3.2	0.0	2.0	-0.1	-0.0
Gain/Loss from Investment Activities	—	-0.1	0.0	-11.4	-0.1	-34.2	-11.1	-63.0	0.0	-72.0	2.0	-1.6
Interest Expense	17.5	23.7	12.6	19.1	16.3	16.5	16.0	19.7	18.7	99.2	-51.4	27.5
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	15.6	-13.7	-2.9	-9.7	-2.0	-3.0	17.2	6.6	8.4	-55.5	30.1	-39.2
Increase/(Decrease) in Receivables	192.8	31.4	13.5	-107.7	93.0	29.1	-281.2	44.7	137.3	193.6	-160.2	-48.8
Increase/(Decrease) in Inventory	-100.7	-93.0	71.7	204.2	17.8	45.2	-8.2	-53.9	14.7	117.3	-36.3	47.8
Increase/(Decrease) in Payables (Excl. Interest and CIT)	97.2	-112.7	11.2	-36.9	-76.4	-118.9	418.3	-13.9	-99.5	81.4	5.1	202.9
Increase/(Decrease) in Prepaid Expenses	0.7	0.8	0.7	0.8	1.0	-0.5	0.8	0.8	1.3	1.9	0.4	-2.1
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-17.5	-16.0	-15.1	-16.4	-16.3	-16.3	-16.2	-19.2	-18.4	-99.2	51.4	-28.0
Corporate Income Tax Paid	-0.1	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Receipts	—	—	—	—	—	-1.2	1.2	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-48.3	126.6	-126.6	15.3	-15.4	-17.2	-29.4	12.2	-12.4	-0.5	0.1	21.7
Net Cash Flow from Operating Activities	139.7	-76.6	-47.6	49.7	1.7	-82.8	102.6	-22.6	31.4	239.0	-109.3	154.4
Payments for Fixed Assets and Other Long-term Assets	-2.8	-3.5	0.9	-21.8	-8.5	5.7	-163.3	-53.8	-0.5	-0.5	3.5	-20.6
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	-10.3	10.2	1.4	0.1	97.0	37.1	95.9	0.0	0.7	-2.3	0.0
Loans and Purchases of Debt Instruments	—	-10.6	—	—	—	0.0	-8.0	0.0	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	—	—	—	0.0	8.0	0.0	0.0	26.7	-26.7	26.7
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	—	0.1	—	0.0	—	0.0	-0.0	0.0	0.0	1.6	-1.6	1.6
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	-2.8	-24.3	11.2	-20.4	-8.3	102.7	-126.2	42.1	-0.5	28.5	-27.1	7.7
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	413.7	519.9	450.3	325.6	407.1	507.1	557.1	371.9	427.6	1,988.5	-986.8	319.7
Repayment of Borrowings	-538.1	-439.7	-388.8	-358.0	-396.8	-521.5	-534.0	-404.5	-466.9	-2,228.3	1,120.0	-453.6
Repayment of Finance Leases	—	-1.4	—	-2.8	—	0.0	2.8	-2.8	0.0	-5.5	2.8	-2.8
Dividends Paid	—	—	—	—	—	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
Other Financing Payments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	-124.4	76.1	64.3	-35.2	10.3	-14.4	25.9	-35.4	-39.3	-245.4	135.9	-136.7
Net Cash Flow During the Period	12.5	-24.8	27.9	-5.8	3.6	5.5	2.3	-16.0	-8.5	22.1	-0.6	25.4
Cash and Cash Equivalents at Beginning of Period	12.1	27.1	2.3	7.7	4.2	26.0	26.0	26.3	26.0	4.1	0.0	4.1
FX Difference from Revaluation	-0.3	0.1	-2.8	0.0	-0.1	-3.5	-1.7	0.0	0.0	0.0	-0.1	0.2
Cash and Cash Equivalents at End of Period	24.3	5.5	27.1	2.3	7.7	4.3	2.2	1.9	17.5	26.3	0.0	4.7

Explore Other Stocks In The Same Sector

HPG, HSG, TVN, GDA, VGS, SMC, NKG, TNI, HMC, HMG, VGL, TNS, PAS, VLS, MEL, GCB, KKC, TDS, DHM, TLH, ITQ, TNB, TTS, VDT, CK8, SDK, TIS, BCA, VCA, KVC, MHL, HLA, CBI, VPG, POM

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

DTL

What Is Changing

Drivers of DTL'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