HTV

Logistics Vicem ·HOSE ·2026Q1

▲ Slightly positive

Operating efficiency is improving Net margin 6.34%, +1.73pp YoY

Price

14,100

Latest close

03 Jun 2026

P/E 10.55x

P/B 0.54x

EPS 1,336

BVPS 26,232

ROE 5.2%

ROA 4.6%

Profit Margin 6.2%

Asset Turnover 0.73x

Equity Mult. 1.13x

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

What Is Changing

On a TTM 2026Q1 basis, HTV has not accelerated revenue, but profitability is improving more visibly — earnings have been recovering gradually over multiple periods. However, a significant portion of profit is supported by non-core sources, making the picture not entirely clear.

	                            
	                                TTM REVENUE
	                            
	                                    VND 281bn
	                                
−0.2%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 18bn
	                                
+37.4%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    48.1%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	273.1	278.3	299.7	351.3	297.8
Growth	-2%	-7%	-15%	+18%	—
Net Income	16.2	9.3	8.2	17.7	17.1
Net Margin	5.92%	3.34%	2.75%	5.04%	5.75%

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	68.0	72.1	70.2	70.6	60.2	63.2	76.4	81.8	56.9	71.3	71.6	83.6
Growth	-6%	+3%	-1%	+17%	-5%	-17%	-7%	+44%	-20%	-0%	-14%	—
Net Income	5.2	2.6	4.4	5.6	3.6	2.7	2.8	3.9	-0.1	2.4	4.5	2.3
Net Margin	7.69%	3.60%	6.29%	7.88%	5.97%	4.27%	3.64%	4.75%	-0.13%	3.39%	6.28%	2.81%

Drivers of HTV's profit

TTM

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

Gross profit ↑ 15.1bn

Financial income ↑ 1.1bn

Other profit ↓ 9.3bn

Tax ↑ 1.3bn

Administrative expenses ↑ 0.8bn

TTM

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

Gross profit ↑ 4.5bn

Other profit ↓ 2.2bn

Tax ↑ 0.4bn

Administrative expenses ↑ 0.2bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 3.9% = 4.6% × 0.74 × 1.16

2026Q1 5.2% = 6.3% × 0.73 × 1.13

ROE rose from 3.9% to 5.2% — mainly driven by net margin, despite asset turnover and leverage moving in the opposite direction.

Net margin: 6.3% +1.7pp Asset turnover: 0.73x -0.00x Leverage: 1.13x -0.03x

Is the profit sustainable?

Margins improved (+1.7pp), but earnings still rely significantly on non-core sources — warrants closer scrutiny.

very positive positive stable watch under pressure

What is driving the margin?

Net margin expanded to 6.34%, rising 1.7pp. Core operating signals are improving as Gross margin rose 5.4pp are enough to offset pressure from SG&A / Revenue rose 0.3pp (in addition, Net financial result / Revenue rose 0.4pp added support while Other profit / Revenue fell 3.3pp remained a drag).

Margin improves from both core operations and non-core items — the core foundation is positive, but the sustainability of non-core contributions needs monitoring.

Profitability trend

Net Margin 6.34% +1.7pp

Gross Margin 15.88% +5.4pp

SG&A / Revenue 11.65% +0.3pp

Non-core / Revenue 3.87% −2.9pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result share remains high

Even though contribution decreased by 2.9pp, financial result still accounts for 48.4% 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 6.36% +4.3pp

Capital Turnover — —

Average Invested Capital — —

Balance Sheet

ROIC above should be read with industry context — the balance sheet below adds perspective. Balance sheet is exceptionally sound — liabilities at 0.14x equity, with a net cash position equivalent to 0.08x equity.

Over the last 12 months, working capital released 9.1bn of cash, mainly thanks to lower receivables. Pressure from higher inventories and lower payables only partly offset that benefit.

Working Capital Drivers

Receivables decreased → higher CFO: +17.8bn

Inventories increased → lower CFO: −1.0bn

Payables decreased → lower CFO: −7.7bn

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 5.4 days versus the same period last year. The main moves came from DIO rose 1.8 days, DSO fell 16.1 days, and DPO fell 8.9 days.

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

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 109.5 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Inventory turnover is slowing

DIO increased by +1.8 days, suggesting more capital is being tied up in inventories.

Working Capital Efficiency

Receivables 142.3 days −16.1 days

Inventory 5.0 days +1.8 days

Payables 37.8 days −8.9 days

Cash Conversion Cycle 109.5 days −5.4 days

Is financial risk significant?

Financial risk is low — the company has net cash and CFO reached 14.7bn.

Leverage & Liquidity

Track net leverage, interest coverage, and the liquidity buffer on the balance sheet.

Debt maturity and the cash buffer remain the two key areas to monitor.

Some leverage signals are missing, so the current read should be treated as contextual.

Leverage and liquidity trend

Net Debt / Equity -0.08x —

Interest Coverage — —

Cash / Debt — —

Short-term Debt / Total Debt — —

CFO / NI 1.42x +1.50x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 14.7bn in 2025, against investing cash flow of -14.2bn.

Post-investment cash flow was positive +0.5bn. Financing cash flow was negative +3.9bn.

CFO / net income was 1.42x.

After spending +0.5bn on fixed-asset investment, the business generated trailing free cash flow of +24.4bn.

Cash Conversion

CFO TTM 24.9bn +25.9bn

Cash Capex 0.5bn +0.4bn

FCF TTM +24.4bn +25.5bn

Investment Takeaway

The business is showing a brighter picture at the headline-earnings level, but what deserves a closer look right now is the quality of that improvement. Margins and net profit may look better, but if financial income, other income, or unusually low taxes contribute too much, this is not yet a clean enough growth base to extrapolate further. The main bright spot is operating efficiency, with net margin improving 1.7 pp. Even so, the earnings mix still warrants monitoring in upcoming periods, when non-core contribution is 48.1%.

Improvement: operating efficiency is getting better, with trailing-12M net margin at 6.34% after expanding 1.7pp versus the same period last year.

Watchpoint: cash flow is currently keeping pace with accounting earnings, with CFO / net income at 1.42x. Even so, net financial result still accounts for 48.1% of PBT, so the earnings mix still needs monitoring.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	273.1	278.3	299.7	351.3	297.8
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	273.1	278.3	299.7	351.3	297.8
Cost of Goods Sold	232.9	251.0	278.2	323.7	0.0
Gross Profit	40.1	27.3	21.6	27.6	30.8
Financial Income	10.9	9.9	14.7	15.3	9.6
Financial Expenses	—	0.0	0.0	0.1	2.1
Interest Expense	—	0.0	0.0	0.0	-0.0
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	—	0.0	0.0	0.0	-0.0
General and Administrative Expenses	32.6	31.9	30.9	26.3	-22.6
Operating Profit	18.5	5.3	5.4	16.7	19.8
Other Income	2.8	7.2	6.5	6.4	0.0
Other Expenses	0.6	0.4	1.1	0.8	0.0
Other Profit	2.2	6.9	5.4	5.6	1.4
Profit Before Tax	20.7	12.1	10.8	22.2	21.2
Current Income Tax Expense	4.5	2.9	2.6	4.5	-4.1
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	16.2	9.3	8.2	17.7	17.1
Non-controlling Interest	0.3	0.1	0.2	0.2	0.2
Profit Attributable to Parent	15.9	9.2	8.0	17.5	17.0
Earnings per Share	1,211.00	700.00	612.00	1,339.00	1,296.00
Diluted EPS	1,211.00	700.00	612.00	1,339.00	1,295.85

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	367.6	367.1	365.5	378.1	349.7
I. Cash and cash equivalents	31.1	34.5	7.2	10.5	13.4
1. Cash	13.2	17.4	7.2	10.5	0.0
2. Cash equivalents	18.0	17.2	0.0	0.0	0.0
II. Short-term financial investments	222.5	194.8	199.0	199.0	0.0
1. Available for sale securities	—	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	0.0	0.0	0.0	0.0
3. Held to maturity investments	222.5	194.8	199.0	199.0	0.0
III. Short-term receivables	110.8	134.4	158.1	167.1	139.1
1. Short-term trade accounts receivable	109.1	130.6	156.2	159.6	0.0
2. Short-term prepayments to suppliers	0.5	0.5	0.6	2.6	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	6.2	6.4	0.0	0.0	0.0
6. Other short-term receivables	2.3	3.8	6.8	7.0	0.0
7. Provision for short-term doubtful debts (*)	-7.3	-6.9	-5.6	-2.1	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	2.8	2.7	1.2	1.5	2.5
1. Inventories	2.8	2.7	1.2	1.5	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	0.5	0.5	0.0	0.1	0.7
1. Short-term prepayments	—	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	0.0	0.5	0.0	0.1	0.0
3. Taxes and other receivables from state authorities	0.5	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)	18.6	30.1	42.1	55.5	71.7
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	18.3	30.1	42.1	55.5	71.7
1. Tangible fixed assets	18.2	30.1	42.1	55.5	71.7
- Cost	232.1	236.7	249.2	257.0	0.0
- Accumulated depreciation	-213.9	-206.7	-207.1	-201.4	0.0
2. Financial leased fixed assets	—	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
3. Intangible fixed assets	0.2	0.0	0.0	0.0	0.0
- Cost	0.2	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.0	0.0	0.0	0.0	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	0.2	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	0.2	0.0	0.0	0.0	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	—	0.0	0.0	0.0	0.0
1. Long-term prepayments	—	0.0	0.0	0.0	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	0.0
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)	386.2	397.2	407.5	433.7	421.4
A. LIABILITIES (300=210+330)	47.7	65.8	82.3	99.5	88.5
I. Short -term liabilities	47.7	65.8	82.3	99.5	88.5
1. Short-term trade accounts payable	30.1	45.9	49.9	66.1	57.5
2. Short-term advances from customers	—	0.0	0.1	0.4	0.2
3. Taxes and other payables to state authorities	1.9	1.6	1.7	1.2	0.0
4. Payable to employees	11.9	14.8	21.6	21.2	0.0
5. Short-term acrrued expenses	1.5	0.4	4.1	4.9	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	0.0	0.0	0.0	0.0
9. Other short-term payables	1.0	1.0	0.9	3.1	0.0
10. Short-term borrowings and financial leases	—	0.0	0.0	0.0	0.0
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.4	2.2	4.0	2.6	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	—	0.0	0.0	0.0	0.0
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	—	0.0	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	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	338.5	331.3	325.2	334.1	333.0
I. Owner's equity	338.5	331.3	325.2	334.1	0.0
1. Owner's capital	131.0	131.0	131.0	131.0	333.0
- Common stock with voting right	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	53.1	53.1	53.1	53.1	53.1
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	127.2	127.2	127.2	127.2	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	18.5	11.6	12.1	21.3	20.5
- Accumulated retained earning at the end of the previous period	2.6	2.4	4.1	3.8	3.5
- Undistributed earnings in this period	15.9	9.2	8.0	17.5	17.0
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	8.7	8.4	1.7	1.5	1.2
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)	386.2	397.2	407.5	433.7	421.4

Item	2025	2024	2023	2022	2021
Profit Before Tax	20.7	12.1	10.8	22.2	21.2
Depreciation of Fixed Assets and Investment Property	11.9	12.1	13.5	16.2	20.7
Provision (Increase)/Reversal	0.4	1.3	3.5	-0.8	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-13.1	-16.3	-20.5	-15.1	0.0
Interest Expense	—	0.0	0.0	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	19.9	9.3	7.3	22.6	32.6
Increase/(Decrease) in Receivables	22.5	25.9	7.5	-25.5	0.0
Increase/(Decrease) in Inventory	-0.0	-1.6	0.4	1.0	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-17.3	-14.9	-18.8	14.8	0.0
Increase/(Decrease) in Prepaid Expenses	—	0.0	0.0	0.0	0.0
Changes in Trading Securities	—	0.0	0.0	21.0	0.0
Interest Paid	—	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-4.5	-2.7	-2.3	-4.9	0.0
Other Operating Receipts	0.1	0.0	0.0	0.0	0.0
Other Operating Payments	-6.0	-7.5	-8.1	-10.9	0.0
Net Cash Flow from Operating Activities	14.7	8.5	-14.0	18.2	48.2
Payments for Fixed Assets and Other Long-term Assets	-0.5	-0.1	0.0	0.0	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	2.2	6.4	5.7	5.4	0.0
Loans and Purchases of Debt Instruments	-434.7	-334.5	-271.5	-386.5	-229.0
Receipts from Loan Repayments and Sale of Debt Instruments	407.2	332.3	271.5	360.5	177.3
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	11.6	12.2	12.8	9.9	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	-14.2	16.3	18.5	-10.8	-42.2
Proceeds from Equity Issuance and Capital Contributions	—	6,540,000,000.00	50,000,000.00	150,000,000.00	100,000,000.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	—	0.0	0.0	0.0	0.0
Repayment of Borrowings	—	0.0	0.0	0.0	0.0
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-3.9	-3.9	-7.9	-10.5	-13.1
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	-3.9	2.6	-7.8	-10.3	-13.0
Net Cash Flow During the Period	-3.4	27.4	-3.3	-3.0	-13.7
Cash and Cash Equivalents at Beginning of Period	34.5	7.2	10.5	13.4	20.4
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	31.1	34.5	7.2	10.5	13.4

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	68.0	72.1	70.2	70.6	60.2	63.2	76.4	81.8	56.9	71.3	71.6	83.6
Revenue Deductions	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	68.0	72.1	70.2	70.6	60.2	63.2	76.4	81.8	56.9	71.3	71.6	83.6
Cost of Goods Sold	57.1	61.1	59.5	58.6	53.8	59.1	68.6	70.6	52.7	62.8	67.0	77.2
Gross Profit	10.9	11.0	10.7	12.0	6.4	4.1	7.7	11.3	4.2	8.5	4.7	6.4
Financial Income	2.7	3.1	2.4	2.7	2.7	2.3	2.5	2.3	2.8	3.3	3.5	4.0
Financial Expenses	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
General and Administrative Expenses	7.2	9.9	7.8	7.8	7.0	9.0	7.1	8.8	7.1	9.9	5.9	8.0
Operating Profit	6.4	4.2	5.3	6.9	2.1	-2.7	3.1	4.8	-0.1	2.0	2.2	2.4
Other Income	0.1	0.2	0.2	0.0	2.3	6.6	0.2	0.3	0.1	2.5	3.5	0.3
Other Expenses	—	0.5	0.1	0.0	0.0	0.1	-0.1	0.3	0.0	0.9	0.1	0.0
Other Profit	0.1	-0.4	0.2	0.0	2.3	6.5	0.3	0.0	0.0	1.6	3.4	0.3
Profit Before Tax	6.5	3.8	5.4	7.0	4.5	3.8	3.5	4.8	-0.0	3.5	5.6	2.7
Current Income Tax Expense	1.3	1.2	1.0	1.4	0.9	1.1	0.7	0.9	0.0	1.1	1.1	0.3
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	5.2	2.6	4.4	5.6	3.6	2.7	2.8	3.9	-0.1	2.4	4.5	2.3
Non-controlling Interest	0.0	0.1	0.1	0.1	0.0	-0.0	0.1	-0.0	0.0	0.0	0.1	0.0
Profit Attributable to Parent	5.2	2.5	4.3	5.4	3.6	2.7	2.7	3.9	-0.1	2.4	4.4	2.3
Earnings per Share	397.00	194.00	329.00	416.00	272.00	206.00	206.00	297.00	-10.00	181.00	333.00	176.00
Diluted EPS	397.37	194.03	329.21	415.35	272.06	205.87	205.72	296.86	-9.54	180.51	333.41	175.56

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)	368.2	367.6	366.6	361.2	354.1	367.0	373.7	365.8	344.1	365.5	375.4	368.3
I. Cash and cash equivalents	27.0	31.1	33.8	33.1	30.6	34.5	27.8	11.8	6.9	7.2	13.9	7.1
1. Cash	9.0	13.2	16.0	15.6	13.4	17.4	10.8	11.8	6.9	7.2	13.9	7.1
2. Cash equivalents	18.0	18.0	17.8	17.6	17.2	17.2	17.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	240.4	222.5	224.4	216.7	197.9	194.8	198.6	219.4	205.8	199.0	204.8	187.0
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	240.4	222.5	224.4	216.7	197.9	194.8	198.6	219.4	205.8	199.0	204.8	187.0
III. Short-term receivables	96.5	110.8	105.3	109.0	122.8	134.4	145.2	132.3	129.7	158.1	154.3	171.3
1. Short-term trade accounts receivable	100.8	109.1	101.6	105.3	118.2	130.7	139.7	132.2	126.1	156.2	147.7	163.8
2. Short-term prepayments to suppliers	0.3	0.5	0.6	0.4	0.7	0.5	0.8	0.6	0.6	0.6	0.5	1.3
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	—	6.2	6.4	6.4	6.4	6.4	6.4	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	2.8	2.3	3.9	4.1	4.4	3.8	5.1	6.3	8.6	6.8	9.8	9.9
7. Provision for short-term doubtful debts (*)	-7.3	-7.3	-7.1	-7.1	-6.9	-7.0	-6.8	-6.8	-5.6	-5.6	-3.8	-3.8
8. Assets awaiting resolution	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	3.8	2.8	3.2	2.3	2.7	2.7	2.2	2.2	1.7	1.2	2.4	2.9
1. Inventories	3.8	2.8	3.2	2.3	2.7	2.7	2.2	2.2	1.7	1.2	2.4	2.9
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	0.5	0.5	0.0	0.0	0.0	0.5	0.0	0.0	0.0	0.0	0.0	0.0
1. Short-term prepayments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	0.0	0.0	0.0	0.0	0.0	0.5	0.0	0.0	0.0	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	0.5	0.5	—	—	—	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)	15.7	18.6	21.2	24.1	27.1	30.1	33.0	36.0	39.0	42.1	45.2	48.6
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	15.4	18.3	21.1	24.1	27.1	30.1	33.0	36.0	39.0	42.1	45.2	48.6
1. Tangible fixed assets	15.2	18.2	21.1	24.1	27.1	30.1	33.0	36.0	39.0	42.1	45.2	48.6
- Cost	232.1	—	—	—	—	236.7	249.2	249.2	249.2	249.2	253.5	257.0
- Accumulated depreciation	-216.9	—	—	—	—	-206.7	-216.2	-213.2	-210.2	-207.1	-208.3	-208.3
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	0.2	0.2	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	0.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- 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	0.3	0.2	0.1	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	0.3	0.2	0.1	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Long-term financial investments	—	—	—	—	—	0.0	0.0	0.0	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	—	—	—	—	—	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	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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term prepayments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	—	—	—	—	—	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)	383.9	386.2	387.7	385.3	381.2	397.1	406.7	401.8	383.2	407.5	420.6	416.9
A. LIABILITIES (300=210+330)	40.2	47.7	51.8	53.8	46.3	65.8	78.1	82.3	57.9	82.3	97.8	98.6
I. Short -term liabilities	40.2	47.7	51.8	53.8	46.3	65.8	78.1	82.3	57.9	82.3	97.8	98.6
1. Short-term trade accounts payable	22.7	30.1	27.3	23.8	26.3	45.9	44.6	45.2	38.2	49.9	42.5	50.8
2. Short-term advances from customers	—	—	—	—	—	0.0	0.0	0.0	0.9	0.1	0.7	0.7
3. Dividends and profits payable	0.0	—	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	2.3	1.9	5.6	4.9	1.8	1.5	4.8	2.5	1.0	1.7	6.1	3.3
4. Payable to employees	5.1	11.9	8.5	8.3	7.2	14.8	12.7	14.7	8.5	21.7	24.3	19.3
5. Short-term acrrued expenses	1.6	1.5	3.5	3.1	4.1	0.4	4.2	2.6	3.3	4.1	7.9	5.9
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	1.1	1.0	1.2	5.1	1.0	1.0	1.0	5.0	0.9	0.9	8.8	8.9
10. Short-term borrowings and financial leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
11. Provision for short-term liabilities	7.3	—	4.1	6.2	5.8	0.0	8.0	7.4	4.1	0.0	3.2	2.4
12.. Bonus and welfare fund	0.0	1.4	1.7	2.6	0.1	2.2	2.7	5.0	1.1	4.0	4.4	7.3
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	—	—	—	—	—	0.0	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	—	—	—	—	—	0.0	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)	343.7	338.5	335.9	331.5	334.9	331.3	328.6	319.5	325.3	325.2	322.8	318.3
I. Owner's equity	343.7	338.5	335.9	331.5	334.9	331.3	328.6	319.5	325.3	325.2	322.8	318.3
1. Owner's capital	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0	131.0
- Common stock with voting right	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00	131,040,000,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	53.1	53.1	53.1	53.1	53.1	53.1	53.1	53.1	53.1	53.1	53.1	53.1
3. Convertible bond option	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Treasury shares	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Investment and development fund	127.2	127.2	127.2	127.2	127.2	127.2	127.2	127.2	127.2	127.2	127.2	127.2
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	23.7	18.5	15.9	11.6	15.1	11.5	8.8	6.1	12.0	12.1	9.7	5.4
- Accumulated retained earning at the end of the previous period	18.5	2.6	2.6	2.6	11.6	2.4	2.4	2.4	12.1	4.1	4.1	4.1
- Undistributed earnings in this period	5.2	15.9	13.3	9.0	3.6	9.2	6.5	3.8	-0.1	8.0	5.6	1.3
12. Reserves for investment in construction	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	8.7	8.7	8.6	8.5	8.4	8.4	8.4	2.0	2.0	1.7	1.7	1.6
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)	383.9	386.2	387.7	385.3	381.2	397.1	406.7	401.8	383.2	407.5	420.6	416.9

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	6.5	3.8	5.4	7.0	4.5	3.8	3.5	4.8	-0.0	3.5	5.6	2.7
Depreciation of Fixed Assets and Investment Property	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.0	3.1	3.4	3.4
Provision (Increase)/Reversal	7.3	-3.9	-2.0	0.6	5.8	-7.8	0.7	4.5	4.1	-1.4	0.8	-0.0
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-2.7	-3.1	-2.4	-2.7	-4.9	-8.6	-2.5	-2.3	-2.8	-5.8	-6.7	-4.0
Interest Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	14.1	-0.2	4.0	7.8	8.4	-9.6	4.7	10.0	4.2	-0.6	3.2	2.1
Increase/(Decrease) in Receivables	8.2	-7.1	3.6	13.2	12.8	9.6	-7.8	-5.2	29.3	-5.9	17.4	1.3
Increase/(Decrease) in Inventory	-1.0	0.4	-0.8	0.4	-0.0	-0.6	0.1	-0.5	-0.6	1.2	0.5	-1.5
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-13.4	2.3	3.8	-0.5	-23.0	-3.3	0.6	12.4	-24.5	-4.0	0.2	0.4
Increase/(Decrease) in Prepaid Expenses	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-1.4	-3.2	0.0	-0.1	-1.2	-1.6	0.0	0.0	-1.2	-1.1	-0.1	-1.0
Other Operating Receipts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-1.3	-0.3	-0.9	-2.6	-2.1	-0.5	-2.2	-1.8	-2.9	-0.5	-2.9	-2.7
Net Cash Flow from Operating Activities	5.1	-8.2	9.8	18.2	-5.1	-6.0	-4.7	14.8	4.4	-10.9	18.4	-1.4
Payments for Fixed Assets and Other Long-term Assets	-0.1	-0.4	-0.1	0.0	-0.1	-0.1	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	0.0	2.2	6.4	0.0	0.0	0.0	2.5	3.2	0.0
Loans and Purchases of Debt Instruments	-103.2	-118.6	-93.9	-125.5	-96.7	-118.2	-73.0	-106.4	-36.9	-71.6	-62.0	-107.0
Receipts from Loan Repayments and Sale of Debt Instruments	91.5	120.6	86.2	106.7	93.7	115.5	93.8	92.9	30.0	77.4	44.2	102.3
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	2.6	3.9	2.5	3.1	2.0	2.7	3.9	3.7	1.9	3.7	3.0	4.4
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	-9.2	5.5	-5.2	-15.7	1.1	6.4	24.7	-9.9	-4.9	12.0	-11.6	-0.3
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	6,380,000,000.00	0.00	0.00	160,000,000.00	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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Borrowings	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Finance Leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	0.0	-3.9	—	—	0.0	-3.9	0.0	0.0	-7.9	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	—	0.0	-3.9	—	—	6.4	-3.9	0.0	0.2	-7.9	0.0	0.0
Net Cash Flow During the Period	-4.1	-2.6	0.6	2.5	-3.9	6.8	16.0	4.9	-0.3	-6.8	6.8	-1.7
Cash and Cash Equivalents at Beginning of Period	31.1	33.8	33.1	30.6	34.5	7.2	7.2	7.2	7.2	10.5	10.5	10.5
FX Difference from Revaluation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	27.0	31.1	33.8	33.1	30.6	34.5	27.8	11.8	6.9	7.2	13.9	7.1

Explore Other Stocks In The Same Sector

HAH, SWC, VOS, VST, MHC, DDM, PDV, PCT, TRS, SKG, VNA, ISG, VSA, VNT, VFC, SGS, WTC, PTS, SHC, TJC, PRC, SSG, VMT, VPA, VSG, NOS

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

HTV

What Is Changing

Drivers of HTV'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