HDC
Listed Company · HOSE
Price
18,500
Latest close
03 Apr 2026
P/E
5.2x
EPS
(TTM)
3,566
ROE
(TTM)
24.5%
P/B
1.3x
BVPS
(Latest)
14,703
ROA
(TTM)
11.7%
What Is Changing
HDC has not yet shown a broad-based top-line recovery. Revenue posted -16.4% YoY, but net margin reached 140.50% with an additional +128.2pp improvement versus the prior year. The next question is whether current profit momentum can hold through the next cycle.
- Net Margin broke above its recent high, rising 10809bps to 140.50% in 2025.
- Revenue decreased 16.4% YoY to VND 456.5bn in 2025.
- Net Income reached a multi-period high at VND 641.4bn in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 456.5 | 546.2 | 665.5 | 1,298.0 | 1,357.3 |
| Growth | -16% | -18% | -49% | -4% | — |
| Net Income | 641.4 | 66.9 | 132.0 | 420.6 | 311.4 |
| Net Margin | 140.50% | 12.25% | 19.83% | 32.40% | 22.94% |
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 175.3 | 102.0 | 80.2 | 99.0 | 165.1 | 124.6 | 171.5 | 85.3 | 191.5 | 168.2 | 129.1 | 176.8 |
| Growth | +72% | +27% | -19% | -40% | +33% | -27% | +101% | -55% | +14% | +30% | -27% | — |
| Net Income | 30.9 | 538.7 | 58.1 | 13.7 | 0.8 | 13.3 | 50.5 | 1.1 | 47.5 | 32.4 | 20.1 | 31.5 |
| Net Margin | 17.65% | 528.06% | 72.44% | 13.80% | 0.47% | 10.71% | 29.44% | 1.31% | 24.83% | 19.29% | 15.57% | 17.82% |
Financial Statements
Profitability
Net margin reached 140.50% while Revenue posted -16.4% YoY.
Balance Sheet
Inventory stood at 1,481.4bn, liabilities at 3,147.2bn, and equity at 2,936.9bn.
Cash Flow
Operating cash flow was -133.0bn in 2024, while investing cash flow was -61.4bn.
Financing cash flow: 191.7bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
456.5 | 556.3 | 666.0 | 1,303.4 | 1,415.1 |
|
Revenue Deductions
|
0.0 | 10.0 | 0.6 | 5.4 | 0.0 |
|
Net Revenue
|
456.5 | 546.2 | 665.5 | 1,298.0 | 1,357.3 |
|
Cost of Goods Sold
|
359.9 | 325.9 | 367.9 | 818.8 | 0.0 |
|
Gross Profit
|
96.6 | 220.4 | 297.5 | 479.2 | 485.9 |
|
Financial Income
|
865.1 | 21.8 | 6.3 | 260.0 | 5.2 |
|
Financial Expenses
|
83.0 | 60.3 | 83.9 | 123.8 | -42.3 |
|
Interest Expense
|
80.6 | 55.7 | 83.7 | 82.3 | -41.8 |
|
Share of Associates and Joint Ventures
|
40.3 | 5.2 | 1.0 | -7.4 | 1.5 |
|
Selling Expenses
|
23.5 | 17.5 | 17.3 | 23.0 | -22.7 |
|
General and Administrative Expenses
|
79.5 | 39.6 | 40.7 | 47.4 | -40.3 |
|
Operating Profit
|
815.9 | 130.0 | 163.0 | 537.7 | 387.2 |
|
Other Income
|
1.9 | 0.8 | 1.1 | 2.9 | 0.0 |
|
Other Expenses
|
4.4 | 41.1 | 0.2 | 0.2 | 0.0 |
|
Other Profit
|
-2.5 | -40.3 | 0.9 | 2.6 | 3.6 |
|
Profit Before Tax
|
813.4 | 89.7 | 163.8 | 540.3 | 390.8 |
|
Current Income Tax Expense
|
171.7 | 25.9 | 35.3 | 119.2 | -79.4 |
|
Deferred Income Tax Expense
|
0.3 | -3.1 | -3.5 | 0.5 | 0.0 |
|
Net Income
|
641.4 | 66.9 | 132.0 | 420.6 | 311.4 |
|
Non-controlling Interest
|
2.2 | 0.8 | 0.3 | 1.3 | 1.9 |
|
Profit Attributable to Parent
|
639.2 | 66.1 | 131.6 | 419.4 | 309.5 |
|
Earnings per Share
|
3,199.95 | 434.00 | 1,079.00 | 4,299.00 | 3,578.86 |
|
Diluted EPS
|
3,199.95 | 370.37 | 974.38 | 3,879.95 | 3,578.86 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
3,154.0 | 2,320.6 | 2,093.8 | 2,270.9 | 2,671.2 |
|
I. Cash and cash equivalents
|
498.8 | 10.3 | 12.9 | 11.5 | 61.7 |
|
1. Cash
|
498.8 | 10.3 | 12.9 | 11.5 | 0.0 |
|
2. Cash equivalents
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Short-term financial investments
|
4.2 | 4.6 | 4.6 | 71.6 | 0.0 |
|
1. Available for sale securities
|
4.2 | 4.2 | 4.2 | 111.4 | 0.0 |
|
2. Provision for diminution in value of available for sale securities (*)
|
0.0 | 0.0 | 0.0 | -40.2 | 0.0 |
|
3. Held to maturity investments
|
0.0 | 0.4 | 0.4 | 0.4 | 0.0 |
|
III. Short-term receivables
|
1,164.8 | 927.5 | 932.0 | 1,088.7 | 731.0 |
|
1. Short-term trade accounts receivable
|
873.9 | 591.9 | 666.6 | 703.7 | 0.0 |
|
2. Short-term prepayments to suppliers
|
251.8 | 179.0 | 239.3 | 337.4 | 0.0 |
|
3. Short-term inter-company receivables
|
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 |
|
5. Short-term loan receivables
|
19.8 | 0.0 | 0.0 | 10.5 | 0.0 |
|
6. Other short-term receivables
|
29.8 | 163.3 | 32.5 | 43.8 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-10.5 | -6.7 | -6.4 | -6.7 | 0.0 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
1,481.4 | 1,360.6 | 1,137.3 | 1,091.5 | 1,859.0 |
|
1. Inventories
|
1,481.7 | 1,360.9 | 1,137.6 | 1,091.8 | 0.0 |
|
2. Provision for decline in value of inventories
|
-0.3 | -0.3 | -0.3 | -0.3 | 0.0 |
|
V. Other short-term assets
|
4.9 | 17.5 | 7.1 | 7.6 | 10.0 |
|
1. Short-term prepayments
|
4.6 | 17.4 | 7.0 | 7.2 | 0.0 |
|
2. Value added tax to be reclaimed
|
0.1 | 0.1 | 0.0 | 0.3 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
0.1 | 0.0 | 0.0 | 0.1 | 0.0 |
|
4. Government bonds
|
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 |
|
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)
|
2,930.2 | 2,556.8 | 2,605.0 | 2,150.9 | 1,105.8 |
|
I. Long-term receivables
|
0.3 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Long-term trade receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 23.3 |
|
2. Long-term prepayments to suppliers
|
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 |
|
4. Long-term inter-company receivables
|
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 |
|
6. Other long-term receivables
|
0.3 | 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 |
|
II. Fixed assets
|
298.9 | 302.2 | 315.4 | 327.6 | 341.2 |
|
1. Tangible fixed assets
|
298.2 | 301.3 | 314.5 | 326.5 | 340.1 |
|
- Cost
|
434.9 | 425.4 | 424.4 | 423.5 | 0.0 |
|
- Accumulated depreciation
|
-136.7 | -124.0 | -109.9 | -97.0 | 0.0 |
|
2. Financial leased fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Cost
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
0.6 | 0.9 | 0.8 | 1.0 | 1.1 |
|
- Cost
|
1.9 | 1.9 | 1.7 | 1.7 | 0.0 |
|
- Accumulated depreciation
|
-1.3 | -1.1 | -0.9 | -0.7 | 0.0 |
|
III. Investment properties
|
56.1 | 57.8 | 59.4 | 59.7 | 53.6 |
|
- Cost
|
74.5 | 74.5 | 74.5 | 73.1 | 0.0 |
|
- Accumulated depreciation
|
-18.4 | -16.7 | -15.1 | -13.5 | 0.0 |
|
IV. Long-term assets in progress
|
2,234.2 | 1,364.7 | 1,406.9 | 1,072.0 | 644.4 |
|
1. Long-term production in progress
|
2,229.9 | 1,362.0 | 1,405.3 | 1,070.4 | 0.0 |
|
2. Construction in progress
|
4.3 | 2.7 | 1.6 | 1.6 | 0.0 |
|
V. Long-term financial investments
|
194.5 | 825.2 | 819.9 | 686.6 | 23.9 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
181.1 | 811.7 | 806.5 | 673.2 | 0.0 |
|
3. Investments in other entities
|
13.5 | 13.5 | 13.5 | 13.5 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
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 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
146.2 | 6.9 | 3.4 | 5.1 | 0.0 |
|
1. Long-term prepayments
|
8.9 | 5.5 | 2.8 | 4.4 | 0.0 |
|
2. Deferred income tax assets
|
2.2 | 1.4 | 0.7 | 0.7 | 0.0 |
|
3. Long-term equipment, supplies, spare parts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other long-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 19.4 |
|
5. Goodwill
|
135.2 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
6,084.1 | 4,877.4 | 4,698.9 | 4,421.8 | 3,777.0 |
|
A. LIABILITIES (300=210+330)
|
3,147.2 | 2,605.3 | 2,790.9 | 2,558.1 | 2,292.9 |
|
I. Short -term liabilities
|
1,918.4 | 2,142.0 | 2,061.1 | 1,588.0 | 1,469.2 |
|
1. Short-term trade accounts payable
|
82.5 | 212.4 | 255.5 | 137.1 | 167.6 |
|
2. Short-term advances from customers
|
374.0 | 273.9 | 171.6 | 94.1 | 199.9 |
|
3. Taxes and other payables to state authorities
|
174.8 | 36.9 | 178.2 | 247.6 | 0.0 |
|
4. Payable to employees
|
35.4 | 6.9 | 7.8 | 10.8 | 0.0 |
|
5. Short-term acrrued expenses
|
141.1 | 63.3 | 39.1 | 17.6 | 0.0 |
|
6. Short-term inter-company payables
|
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 |
|
8. Short-term unearned revenue
|
0.1 | 0.0 | 0.0 | 0.1 | 0.3 |
|
9. Other short-term payables
|
110.6 | 339.5 | 344.9 | 335.1 | 0.0 |
|
10. Short-term borrowings and financial leases
|
976.8 | 1,175.6 | 1,009.0 | 721.8 | 521.8 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 0.0 | 0.4 | 0.0 |
|
12.. Bonus and welfare fund
|
23.1 | 33.4 | 55.0 | 23.5 | 0.0 |
|
13. Price stabilization fund
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Long-term liabilities
|
1,228.8 | 463.2 | 729.8 | 970.0 | 823.7 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Long-term advances from customers
|
0.0 | 9.3 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
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 |
|
5. Long-term inter-company payables
|
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 |
|
7. Other long-term liabilities
|
1.7 | 29.6 | 29.5 | 1.6 | 0.0 |
|
8. Long-term borrowings and financial leases
|
1,223.8 | 422.1 | 695.7 | 968.5 | 821.5 |
|
9. Convertible bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Deferred income tax liabilities
|
3.4 | 2.3 | 4.6 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
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 |
|
14. Provision for severance allowances
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
2,936.9 | 2,272.1 | 1,908.0 | 1,863.8 | 1,484.1 |
|
I. Owner's equity
|
2,936.9 | 2,272.1 | 1,908.0 | 1,863.8 | 0.0 |
|
1. Owner's capital
|
1,997.5 | 1,783.5 | 1,351.0 | 1,080.9 | 1,484.1 |
|
- Common stock with voting right
|
1,997.5 | 1,783.5 | 1,351.0 | 1,080.9 | 864.7 |
|
- Preferred stock
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
49.0 | 199.0 | 99.3 | 99.3 | 99.3 |
|
3. Convertible bond option
|
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 |
|
5. Treasury shares
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Foreign exchange differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
137.1 | 201.0 | 200.9 | 158.2 | 0.0 |
|
9. Fund to support corporate restructuring
|
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 |
|
11. Undistributed earnings after tax
|
705.9 | 66.9 | 235.0 | 502.9 | 370.4 |
|
- Accumulated retained earning at the end of the previous period
|
66.7 | 0.9 | 103.4 | 83.5 | 61.0 |
|
- Undistributed earnings in this period
|
639.2 | 66.1 | 131.6 | 419.4 | 309.5 |
|
12. Reserves for investment in construction
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
47.4 | 21.7 | 21.7 | 22.5 | 22.8 |
|
14. Financial reserves
|
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 |
|
1. Subsidized not-for-profit funds
|
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 |
|
C. MINORITY'S INTEREST
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
6,084.1 | 4,877.4 | 4,698.9 | 4,421.8 | 3,777.0 |
| Item | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
89.7 | 163.8 | 540.3 | 307.4 | 288.5 |
|
Depreciation of Fixed Assets and Investment Property
|
16.1 | 16.1 | 16.2 | 11.6 | 12.7 |
|
Provision (Increase)/Reversal
|
0.3 | -40.9 | 39.6 | 0.0 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Gain/Loss from Investment Activities
|
-23.3 | -7.2 | -1.4 | 0.0 | 0.0 |
|
Interest Expense
|
55.7 | 83.7 | 82.3 | 0.0 | 0.0 |
|
Gain/Loss on Disposal of Fixed Assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Income and Dividends
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Amortization of Goodwill
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Adjustments
|
0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
138.4 | 215.7 | 677.1 | 347.7 | 336.2 |
|
Increase/(Decrease) in Receivables
|
81.7 | 146.8 | -316.5 | 0.0 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-180.1 | -380.7 | 339.9 | 0.0 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
42.7 | 275.7 | -393.4 | 0.0 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
-13.1 | 1.8 | 8.3 | 0.0 | 0.0 |
|
Changes in Trading Securities
|
0.0 | 107.2 | -101.9 | 0.0 | 0.0 |
|
Interest Paid
|
-55.6 | -83.7 | -82.3 | 0.0 | 0.0 |
|
Corporate Income Tax Paid
|
-123.8 | -86.6 | -19.5 | 0.0 | 0.0 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-23.2 | -15.7 | -25.5 | 0.0 | 0.0 |
|
Net Cash Flow from Operating Activities
|
-133.0 | 180.5 | 86.2 | -257.8 | 277.3 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-2.2 | -3.9 | -19.5 | -20.8 | -311.1 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
0.0 | 0.4 | 12.9 | 0.5 | 0.5 |
|
Loans and Purchases of Debt Instruments
|
-1.0 | -5.5 | -10.9 | -50.0 | 0.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
1.0 | 16.0 | 0.0 | 50.0 | 1.7 |
|
Investments in Other Entities
|
-78.4 | -204.2 | -758.9 | -30.0 | -89.7 |
|
Proceeds from Investments in Other Entities
|
0.0 | 0.2 | 290.0 | 0.0 | 0.0 |
|
Dividends and Interest Income Received
|
19.3 | 4.4 | 4.5 | 0.0 | 0.0 |
|
Increase/(Decrease) in Term Deposits
|
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 |
|
Other Investing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Investing Activities
|
-61.4 | -192.6 | -482.0 | -50.0 | -394.6 |
|
Proceeds from Equity Issuance and Capital Contributions
|
299.6 | 0.0 | 0.0 | 26.7 | 2.4 |
|
Share Repurchases
|
0.0 | 0.0 | 0.0 | 0.0 | -10.6 |
|
Proceeds from Borrowings
|
1,070.0 | 892.7 | 1,164.3 | 982.0 | 583.5 |
|
Repayment of Borrowings
|
-1,177.0 | -878.3 | -817.4 | -668.0 | -481.2 |
|
Repayment of Finance Leases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
-0.8 | -1.0 | -1.3 | -1.1 | -0.8 |
|
Other Financing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Financing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Financing Activities
|
191.7 | 13.5 | 345.6 | 339.7 | 93.3 |
|
Net Cash Flow During the Period
|
-2.6 | 1.4 | -50.1 | 6.7 | -11.0 |
|
Cash and Cash Equivalents at Beginning of Period
|
12.9 | 11.5 | 61.7 | 29.9 | 53.9 |
|
FX Difference from Revaluation
|
-0.0 | -0.0 | -0.0 | 0.0 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
10.3 | 12.9 | 11.5 | 61.7 | 29.9 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
175.3 | 102.0 | 80.2 | 99.0 | 165.1 | 134.6 | 171.5 | 85.3 | 191.5 | 168.7 | 129.1 | 176.8 |
|
Revenue Deductions
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 10.0 | 0.0 | 0.0 | 0.0 | 0.6 | 0.0 | 0.0 |
|
Net Revenue
|
175.3 | 102.0 | 80.2 | 99.0 | 165.1 | 124.6 | 171.5 | 85.3 | 191.5 | 168.2 | 129.1 | 176.8 |
|
Cost of Goods Sold
|
143.1 | 84.8 | 69.6 | 62.5 | 101.0 | 67.2 | 87.2 | 70.6 | 93.1 | 92.7 | 84.8 | 97.5 |
|
Gross Profit
|
32.2 | 17.2 | 10.7 | 36.5 | 64.1 | 57.3 | 84.3 | 14.7 | 98.4 | 75.5 | 44.4 | 79.3 |
|
Financial Income
|
90.2 | 700.3 | 71.8 | 2.9 | 0.4 | 2.8 | 6.8 | 11.9 | 2.6 | 0.7 | 2.8 | 0.1 |
|
Financial Expenses
|
29.8 | 20.3 | 21.3 | 11.5 | 15.2 | 13.5 | 22.7 | 8.9 | 26.6 | 22.5 | 13.3 | 21.5 |
|
Interest Expense
|
29.8 | 19.1 | 20.2 | 11.5 | 15.2 | 13.5 | 18.2 | 8.8 | 10.2 | 29.1 | 26.8 | 17.6 |
|
Share of Associates and Joint Ventures
|
8.5 | 5.8 | 23.3 | 2.7 | -0.8 | 1.4 | 8.8 | -5.4 | 0.6 | 0.0 | 3.2 | -3.1 |
|
Selling Expenses
|
9.1 | 5.8 | 4.3 | 4.4 | 4.9 | 3.3 | 5.3 | 3.3 | 4.8 | 4.1 | 4.3 | 4.1 |
|
General and Administrative Expenses
|
35.0 | 21.8 | 13.1 | 9.6 | 11.6 | 10.1 | 10.2 | 8.5 | 11.7 | 9.0 | 9.8 | 10.2 |
|
Operating Profit
|
57.1 | 675.3 | 67.0 | 16.5 | 32.0 | 34.6 | 61.7 | 0.5 | 58.4 | 40.7 | 23.0 | 40.4 |
|
Other Income
|
0.1 | 0.3 | 0.7 | 0.8 | 0.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.7 | 0.2 |
|
Other Expenses
|
1.0 | 2.6 | 0.0 | 0.8 | 25.4 | 15.3 | 0.1 | 0.3 | 0.0 | 0.1 | 0.1 | 0.0 |
|
Other Profit
|
-1.0 | -2.3 | 0.7 | 0.0 | -24.6 | -15.3 | -0.1 | -0.3 | 0.0 | 0.1 | 0.7 | 0.1 |
|
Profit Before Tax
|
56.1 | 673.1 | 67.7 | 16.5 | 7.4 | 19.4 | 61.7 | 0.1 | 58.4 | 40.8 | 23.7 | 40.5 |
|
Current Income Tax Expense
|
24.7 | 134.1 | 10.1 | 2.8 | 8.7 | 4.5 | 9.1 | 3.6 | 14.4 | 8.3 | 3.6 | 9.0 |
|
Deferred Income Tax Expense
|
0.5 | 0.3 | -0.5 | 0.1 | -2.1 | 1.6 | 2.0 | -4.6 | -3.5 | 0.0 | 0.0 | 0.0 |
|
Net Income
|
30.9 | 538.7 | 58.1 | 13.7 | 0.8 | 13.3 | 50.5 | 1.1 | 47.5 | 32.4 | 20.1 | 31.5 |
|
Non-controlling Interest
|
1.1 | 0.8 | 0.2 | 0.1 | 0.6 | 0.3 | 0.2 | -0.2 | 0.7 | -0.0 | 0.1 | -0.5 |
|
Profit Attributable to Parent
|
29.9 | 537.9 | 57.9 | 13.6 | 0.2 | 13.1 | 50.3 | 1.3 | 46.9 | 32.5 | 20.0 | 31.9 |
|
Earnings per Share
|
149.49 | 3,015.85 | 324.46 | 76.16 | 1.08 | 73.33 | 324.28 | 9.77 | 346.82 | 240.47 | 147.75 | 295.59 |
|
Diluted EPS
|
149.49 | 3,015.85 | 324.46 | 76.16 | 1.08 | 73.33 | 324.28 | 9.77 | 346.82 | 240.47 | 147.75 | 295.59 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
3,154.0 | 3,071.5 | 2,323.5 | 2,298.0 | 2,320.7 | 2,345.6 | 2,589.6 | 2,271.1 | 2,093.8 | 2,351.7 | 2,368.6 | 2,352.1 |
|
I. Cash and cash equivalents
|
498.8 | 280.3 | 14.5 | 10.8 | 10.3 | 22.6 | 315.0 | 33.3 | 12.9 | 9.4 | 10.5 | 12.2 |
|
1. Cash
|
498.8 | 280.3 | 14.5 | 10.8 | 10.3 | 22.6 | 315.0 | 33.3 | 12.9 | 9.4 | 10.5 | 12.2 |
|
2. Cash equivalents
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Short-term financial investments
|
4.2 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 4.6 | 88.0 | 83.3 | 67.7 |
|
1. Available for sale securities
|
4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 4.2 | 111.4 | 113.4 | 111.4 |
|
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 | -23.8 | -30.5 | -44.1 |
|
3. Held to maturity investments
|
0.0 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
|
III. Short-term receivables
|
1,164.8 | 1,346.0 | 874.5 | 884.8 | 927.6 | 932.0 | 949.2 | 943.1 | 932.0 | 1,101.4 | 1,113.4 | 1,132.9 |
|
1. Short-term trade accounts receivable
|
873.9 | 877.9 | 523.0 | 548.9 | 591.9 | 595.8 | 630.4 | 628.3 | 666.6 | 700.0 | 703.0 | 739.6 |
|
2. Short-term prepayments to suppliers
|
251.8 | 214.5 | 147.8 | 150.9 | 179.0 | 299.3 | 279.9 | 287.8 | 239.3 | 353.2 | 360.2 | 353.7 |
|
3. Short-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Construction contract progress receipts due from customers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Short-term loan receivables
|
19.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other short-term receivables
|
29.8 | 262.4 | 210.3 | 191.7 | 163.3 | 44.0 | 45.1 | 33.3 | 32.5 | 54.6 | 56.6 | 46.2 |
|
7. Provision for short-term doubtful debts (*)
|
-10.5 | -8.8 | -6.7 | -6.7 | -6.7 | -7.0 | -7.2 | -6.4 | -6.4 | -6.4 | -6.4 | -6.7 |
|
8. Assets awaiting resolution
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
1,481.4 | 1,433.1 | 1,407.7 | 1,379.3 | 1,360.6 | 1,343.5 | 1,302.8 | 1,282.5 | 1,137.3 | 1,145.6 | 1,154.5 | 1,130.6 |
|
1. Inventories
|
1,481.7 | 1,433.4 | 1,408.0 | 1,379.6 | 1,360.9 | 1,343.8 | 1,303.1 | 1,282.8 | 1,137.6 | 1,145.9 | 1,154.8 | 1,130.9 |
|
2. Provision for decline in value of inventories
|
-0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 | -0.3 |
|
V. Other short-term assets
|
4.9 | 7.5 | 22.3 | 18.5 | 17.6 | 42.9 | 18.0 | 7.6 | 7.1 | 7.4 | 6.8 | 8.7 |
|
1. Short-term prepayments
|
4.6 | 5.4 | 20.9 | 17.9 | 17.6 | 42.9 | 17.8 | 7.3 | 7.0 | 7.1 | 6.8 | 8.2 |
|
2. Value added tax to be reclaimed
|
0.1 | 2.0 | 1.3 | 0.3 | 0.1 | 0.0 | 0.1 | 0.2 | 0.0 | 0.1 | 0.0 | 0.3 |
|
3. Taxes and other receivables from state authorities
|
0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.2 | 0.1 | 0.2 |
|
4. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Other short-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)
|
2,930.2 | 2,332.9 | 2,578.6 | 2,587.3 | 2,555.5 | 2,539.3 | 2,513.5 | 2,482.2 | 2,604.6 | 2,188.4 | 2,177.8 | 2,153.3 |
|
I. Long-term receivables
|
0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Long-term trade receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Long-term prepayments to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Capital at inter-company
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Long-term inter-company receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term loan receivables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term receivables
|
0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
298.9 | 299.1 | 295.9 | 298.7 | 302.2 | 304.5 | 308.1 | 311.8 | 315.4 | 319.0 | 320.8 | 324.5 |
|
1. Tangible fixed assets
|
298.2 | 298.4 | 295.2 | 297.9 | 301.3 | 303.8 | 307.4 | 311.0 | 314.5 | 318.1 | 319.9 | 323.5 |
|
- Cost
|
434.9 | 432.0 | 425.1 | 425.4 | 425.4 | 424.4 | 424.4 | 424.4 | 424.4 | 424.3 | 422.5 | 424.1 |
|
- Accumulated depreciation
|
-136.7 | -133.6 | -129.9 | -127.6 | -124.0 | -120.5 | -117.0 | -113.4 | -109.9 | -106.2 | -102.7 | -100.6 |
|
2. Financial leased fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Cost
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Intangible fixed assets
|
0.6 | 0.7 | 0.8 | 0.8 | 0.9 | 0.7 | 0.7 | 0.8 | 0.8 | 0.9 | 0.9 | 1.0 |
|
- Cost
|
1.9 | 1.9 | 1.9 | 1.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-1.3 | -1.2 | -1.2 | -1.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
III. Investment properties
|
56.1 | 56.5 | 57.0 | 57.4 | 57.8 | 58.2 | 58.6 | 59.0 | 59.4 | 58.4 | 58.8 | 59.2 |
|
- Cost
|
74.5 | 74.5 | 74.5 | 74.5 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Accumulated depreciation
|
-18.4 | -18.0 | -17.6 | -17.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Long-term assets in progress
|
2,234.2 | 1,666.2 | 1,407.4 | 1,384.2 | 1,364.7 | 1,345.3 | 1,316.7 | 1,290.0 | 1,406.9 | 1,105.6 | 1,092.9 | 1,082.8 |
|
1. Long-term production in progress
|
2,229.9 | 1,662.3 | 1,403.8 | 1,381.5 | 1,362.0 | 1,342.6 | 1,314.0 | 1,288.4 | 1,405.3 | 1,104.0 | 1,091.3 | 1,081.2 |
|
2. Construction in progress
|
4.3 | 3.9 | 3.7 | 2.7 | 2.7 | 2.7 | 2.7 | 1.6 | 1.6 | 1.6 | 1.6 | 1.6 |
|
V. Long-term financial investments
|
194.5 | 301.0 | 808.9 | 840.5 | 824.0 | 824.8 | 823.3 | 814.6 | 819.5 | 701.5 | 701.5 | 683.3 |
|
1. Investments in subsidiaries
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
181.1 | 287.6 | 795.4 | 827.0 | 810.5 | 811.3 | 809.9 | 801.1 | 806.1 | 688.1 | 688.0 | 669.9 |
|
3. Investments in other entities
|
13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 | 13.5 |
|
4. Provision for diminution in value of long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Held to maturity investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term investments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
146.2 | 10.0 | 9.4 | 6.5 | 6.8 | 6.5 | 6.8 | 6.9 | 3.4 | 3.8 | 3.7 | 3.5 |
|
1. Long-term prepayments
|
8.9 | 8.5 | 7.9 | 5.1 | 5.4 | 5.9 | 6.1 | 6.2 | 2.8 | 3.1 | 3.1 | 2.8 |
|
2. Deferred income tax assets
|
2.2 | 1.4 | 1.4 | 1.4 | 1.4 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 | 0.7 |
|
3. Long-term equipment, supplies, spare parts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other long-term assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Goodwill
|
135.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VII. Goodwill (before 2015)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL ASSETS (280=100+200)
|
6,084.1 | 5,404.4 | 4,902.1 | 4,885.3 | 4,876.2 | 4,884.9 | 5,103.1 | 4,753.3 | 4,698.5 | 4,540.1 | 4,546.4 | 4,505.4 |
|
A. LIABILITIES (300=210+330)
|
3,147.2 | 2,523.0 | 2,559.4 | 2,599.5 | 2,605.3 | 2,614.8 | 2,846.3 | 2,844.2 | 2,790.9 | 2,640.5 | 2,679.2 | 2,610.2 |
|
I. Short -term liabilities
|
1,918.4 | 1,723.5 | 2,205.2 | 2,197.3 | 2,142.7 | 2,098.0 | 2,260.0 | 2,195.6 | 2,088.9 | 1,752.2 | 1,662.3 | 1,672.8 |
|
1. Short-term trade accounts payable
|
82.5 | 83.3 | 222.4 | 199.8 | 212.4 | 239.6 | 247.9 | 244.0 | 255.5 | 114.7 | 118.5 | 120.7 |
|
2. Short-term advances from customers
|
374.0 | 293.3 | 346.3 | 323.7 | 273.9 | 224.2 | 222.4 | 238.4 | 171.6 | 166.1 | 179.4 | 134.9 |
|
3. Taxes and other payables to state authorities
|
174.8 | 148.4 | 15.6 | 6.8 | 36.9 | 31.5 | 98.3 | 162.2 | 178.2 | 273.7 | 259.2 | 249.4 |
|
4. Payable to employees
|
35.4 | 6.7 | 5.9 | 5.1 | 6.9 | 5.1 | 5.2 | 4.9 | 7.8 | 5.0 | 2.9 | 3.2 |
|
5. Short-term acrrued expenses
|
141.1 | 61.2 | 65.4 | 67.2 | 63.3 | 64.3 | 53.2 | 36.4 | 39.1 | 30.3 | 27.8 | 24.5 |
|
6. Short-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Construction contract progress payments due to suppliers
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Short-term unearned revenue
|
0.1 | 166.9 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
|
9. Other short-term payables
|
110.6 | 70.6 | 406.4 | 339.3 | 340.2 | 330.2 | 347.1 | 344.3 | 372.7 | 367.2 | 356.5 | 354.6 |
|
10. Short-term borrowings and financial leases
|
976.8 | 868.7 | 1,117.8 | 1,225.0 | 1,175.6 | 1,167.1 | 1,247.4 | 1,122.7 | 1,009.0 | 739.2 | 660.7 | 768.6 |
|
11. Provision for short-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.4 |
|
12.. Bonus and welfare fund
|
23.1 | 24.3 | 25.3 | 30.4 | 33.4 | 36.1 | 38.4 | 42.7 | 55.0 | 56.0 | 56.9 | 16.6 |
|
13. Price stabilization fund
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Government bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Long-term liabilities
|
1,228.8 | 799.5 | 354.3 | 402.2 | 462.6 | 516.7 | 586.3 | 648.6 | 701.9 | 888.3 | 1,017.0 | 937.4 |
|
1. Long-term trade payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Long-term advances from customers
|
0.0 | 10.6 | 10.6 | 9.3 | 9.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Long-term acrrued expenses
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Inter-company payables on business capital
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Long-term inter-company payables
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Long-term unearned revenue
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Other long-term liabilities
|
1.7 | 29.5 | 29.5 | 29.6 | 28.9 | 29.4 | 29.4 | 29.4 | 1.6 | 1.5 | 1.5 | 1.5 |
|
8. Long-term borrowings and financial leases
|
1,223.8 | 757.2 | 312.3 | 361.0 | 422.1 | 483.8 | 554.9 | 619.2 | 695.7 | 886.8 | 1,015.5 | 935.9 |
|
9. Convertible bonds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Deferred income tax liabilities
|
3.4 | 2.2 | 1.9 | 2.4 | 2.3 | 3.6 | 2.0 | 0.0 | 4.6 | 0.0 | 0.0 | 0.0 |
|
12. Provision for long-term liabilities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Fund for technology development
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
14. Provision for severance allowances
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
B. OWNER'S EQUITY (400=410+430)
|
2,936.9 | 2,881.3 | 2,342.7 | 2,285.7 | 2,270.9 | 2,270.2 | 2,256.8 | 1,909.1 | 1,907.6 | 1,899.6 | 1,867.2 | 1,895.3 |
|
I. Owner's equity
|
2,936.9 | 2,881.3 | 2,342.7 | 2,285.7 | 2,270.9 | 2,270.2 | 2,256.8 | 1,909.1 | 1,907.6 | 1,899.6 | 1,867.2 | 1,895.3 |
|
1. Owner's capital
|
1,997.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,551.0 | 1,351.0 | 1,351.0 | 1,351.0 | 1,351.0 | 1,080.9 |
|
- Common stock with voting right
|
1,997.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,783.5 | 1,551.0 | 1,351.0 | 1,351.0 | 1,351.0 | 1,351.0 | 1,080.9 |
|
- Preferred stock
|
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. Share premium
|
49.0 | 199.0 | 199.0 | 199.0 | 199.0 | 199.0 | 199.0 | 99.3 | 99.3 | 99.3 | 99.3 | 99.3 |
|
3. Convertible bond option
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Treasury shares
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
7. Foreign exchange differences
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
8. Investment and development fund
|
137.1 | 201.1 | 51.1 | 201.0 | 201.0 | 201.0 | 201.0 | 200.9 | 200.9 | 200.9 | 200.9 | 158.2 |
|
9. Fund to support corporate restructuring
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
11. Undistributed earnings after tax
|
705.9 | 676.0 | 288.1 | 80.5 | 65.8 | 65.6 | 285.1 | 236.4 | 234.6 | 227.3 | 194.8 | 534.8 |
|
- Accumulated retained earning at the end of the previous period
|
66.7 | 66.7 | 216.7 | 66.9 | 0.9 | 0.9 | 233.5 | 235.0 | 103.4 | 142.9 | 142.9 | 502.9 |
|
- Undistributed earnings in this period
|
639.2 | 609.3 | 71.5 | 13.6 | 64.9 | 64.7 | 51.6 | 1.3 | 131.3 | 84.4 | 51.9 | 31.9 |
|
12. Reserves for investment in construction
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
13. Minority's interest
|
47.4 | 21.7 | 20.9 | 21.7 | 21.7 | 21.1 | 20.8 | 21.5 | 21.7 | 21.0 | 21.0 | 22.1 |
|
14. Financial reserves
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Other resources and funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Subsidized not-for-profit funds
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Funds invested in fixed assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
C. MINORITY'S INTEREST
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
6,084.1 | 5,404.4 | 4,902.1 | 4,885.3 | 4,876.2 | 4,884.9 | 5,103.1 | 4,753.3 | 4,698.5 | 4,540.1 | 4,546.4 | 4,505.4 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Profit Before Tax
|
56.1 | 673.1 | 67.7 | 16.5 | 7.4 | 19.4 | 61.7 | 0.1 | 58.8 | 40.8 | 23.7 | 40.5 |
|
Depreciation of Fixed Assets and Investment Property
|
4.3 | 4.1 | 4.0 | 4.0 | 4.0 | 4.0 | 4.1 | 4.0 | 4.1 | 4.0 | 4.0 | 4.1 |
|
Provision (Increase)/Reversal
|
1.6 | 2.2 | -0.0 | -0.0 | -0.3 | -0.2 | 0.9 | 0.0 | -23.8 | -7.1 | -13.9 | 3.8 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
-0.0 | -0.0 | -0.0 | 0.0 | -0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.0 | 0.0 |
|
Gain/Loss from Investment Activities
|
-98.0 | -705.2 | -95.0 | -5.5 | 0.8 | -4.1 | -13.7 | -6.3 | -3.6 | -0.5 | -6.2 | 3.1 |
|
Interest Expense
|
29.8 | 19.1 | 20.2 | 11.5 | 15.2 | 13.5 | 18.2 | 8.8 | 10.2 | 29.1 | 26.8 | 17.6 |
|
Gain/Loss on Disposal of Fixed Assets
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Income and Dividends
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Amortization of Goodwill
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Adjustments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 |
|
Operating Profit Before Changes in Working Capital
|
-6.2 | -6.7 | -3.1 | 26.5 | 27.1 | 32.6 | 71.0 | 6.6 | 45.8 | 66.3 | 34.5 | 69.1 |
|
Increase/(Decrease) in Receivables
|
-34.6 | 99.4 | 9.5 | 42.3 | -28.8 | 71.0 | -34.2 | 74.5 | 168.3 | 10.3 | 23.0 | -54.9 |
|
Increase/(Decrease) in Inventory
|
-615.9 | -283.9 | -50.6 | -38.2 | -36.6 | -69.2 | -46.0 | -28.3 | -293.0 | -3.7 | -34.0 | -50.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
220.4 | -387.4 | 78.1 | 33.6 | 76.9 | -80.6 | 34.0 | 12.9 | 161.0 | 8.4 | 58.7 | 47.6 |
|
Increase/(Decrease) in Prepaid Expenses
|
0.5 | 14.9 | -5.8 | -0.1 | 25.9 | -24.9 | -10.4 | -3.7 | 0.4 | -0.3 | 1.2 | 0.6 |
|
Changes in Trading Securities
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 107.2 | 2.0 | -2.0 | 0.0 |
|
Interest Paid
|
-23.3 | -14.6 | -23.0 | -11.5 | -15.2 | -15.0 | -16.7 | -8.8 | -10.2 | -23.5 | -32.4 | -17.6 |
|
Corporate Income Tax Paid
|
-0.1 | 0.0 | -2.6 | -22.5 | -3.5 | -35.1 | -67.0 | -18.2 | -73.2 | -2.0 | 0.0 | -11.4 |
|
Other Operating Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-1.2 | -1.0 | -5.3 | -3.1 | -2.7 | -2.3 | -5.9 | -12.4 | -0.9 | -0.9 | -6.9 | -7.0 |
|
Net Cash Flow from Operating Activities
|
-460.5 | -579.3 | -2.8 | 27.1 | 43.0 | -123.5 | -75.1 | 22.6 | 105.4 | 56.5 | 42.1 | -23.5 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-3.6 | -7.2 | -1.8 | -0.1 | -1.2 | 0.1 | -1.1 | 0.0 | -1.5 | -1.8 | -0.1 | -0.5 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
0.0 | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.4 | 0.0 |
|
Loans and Purchases of Debt Instruments
|
-19.8 | 0.0 | -0.0 | 0.0 | 0.0 | 1.0 | -1.0 | 0.0 | -5.5 | 5.5 | -5.5 | 0.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 5.5 | -5.5 | 5.5 | 10.5 |
|
Investments in Other Entities
|
124.9 | -86.4 | -35.0 | -17.6 | -1.0 | -26.0 | -2.0 | -49.4 | -180.2 | -9.0 | -15.0 | 0.0 |
|
Proceeds from Investments in Other Entities
|
0.0 | 739.2 | 199.8 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 |
|
Dividends and Interest Income Received
|
2.4 | 3.8 | 0.0 | 2.8 | 0.0 | 7.6 | 0.0 | 11.7 | 1.2 | 3.2 | 0.0 | 0.0 |
|
Increase/(Decrease) in Term Deposits
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Acquisition of Non-controlling Interests
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Investing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Investing Activities
|
104.4 | 649.4 | 163.3 | -14.9 | -2.2 | -17.3 | -4.1 | -37.7 | -180.5 | -7.6 | -14.5 | 10.0 |
|
Proceeds from Equity Issuance and Capital Contributions
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 301.6 | -2.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Share Repurchases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
816.5 | 726.2 | 250.6 | 241.1 | 335.0 | 216.1 | 317.2 | 201.7 | 323.9 | 103.3 | 182.8 | 282.7 |
|
Repayment of Borrowings
|
-241.8 | -530.4 | -406.4 | -252.9 | -388.2 | -367.6 | -256.8 | -164.5 | -245.2 | -153.5 | -211.1 | -268.6 |
|
Repayment of Finance Leases
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
0.0 | 0.0 | -1.0 | 0.0 | 0.0 | 0.0 | -0.8 | 0.0 | 0.0 | 0.0 | -1.0 | 0.0 |
|
Other Financing Receipts
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Financing Payments
|
0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Cash Flow from Financing Activities
|
574.7 | 195.8 | -156.8 | -11.7 | -53.1 | -151.5 | 361.2 | 35.1 | 78.7 | -50.1 | -29.2 | 14.2 |
|
Net Cash Flow During the Period
|
218.5 | 265.8 | 3.7 | 0.5 | -12.3 | -292.4 | 282.0 | 20.0 | 3.6 | -1.2 | -1.6 | 0.6 |
|
Cash and Cash Equivalents at Beginning of Period
|
280.3 | 14.5 | 10.8 | 10.3 | 12.9 | 12.9 | 12.9 | 13.3 | 11.5 | 11.5 | 11.5 | 11.5 |
|
FX Difference from Revaluation
|
-0.0 | -0.0 | -0.0 | -0.0 | 0.0 | -0.0 | -0.0 | -0.0 | -0.0 | 0.0 | 0.0 | -0.0 |
|
Cash and Cash Equivalents at End of Period
|
498.8 | 280.3 | 14.5 | 10.8 | 10.3 | 22.6 | 315.0 | 33.3 | 12.9 | 9.4 | 10.5 | 12.2 |
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