ICF

Đầu tư Thương mại Thủy sản ·UPCOM ·2026Q1

● Maintaining

Pre-tax profit relies materially on non-core sources Net financial result/PBT 50.93%

Price

2,700

Latest close

02 Jun 2026

P/E -12.39x

P/B 0.43x

EPS -218

BVPS 6,294

ROE -3.4%

ROA -1.5%

Profit Margin -6.4%

Asset Turnover 0.23x

Equity Mult. 2.26x

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

What Is Changing

On a TTM 2026Q1 basis, ICF shows mild improvement in both revenue and margins, but the magnitude of change is narrow — profit is at an all-time high. Notably, a significant portion of profit is supported by non-core sources, affecting earnings quality.

	                            
	                                TTM REVENUE
	                            
	                                    VND 43bn
	                                
+0.7%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    −VND 3bn
	                                
+4.8%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    50.9%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	43.0	45.4	48.9	61.2	65.8
Growth	-5%	-7%	-20%	-7%	—
Net Income	-2.5	0.3	0.3	-0.9	-0.3
Net Margin	-5.82%	0.61%	0.56%	-1.48%	-0.47%

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Revenue	8.1	10.5	10.6	14.1	7.8	8.5	15.7	11.1	14.5	15.6	12.3	6.6
Growth	-23%	-0%	-25%	+82%	-8%	-46%	+41%	-23%	-7%	+26%	+87%	—
Net Income	-2.2	-1.5	0.7	0.2	-1.7	-0.4	0.2	-1.0	-1.1	0.6	1.4	-0.7
Net Margin	-26.92%	-14.06%	6.39%	1.38%	-22.29%	-4.78%	1.26%	-8.97%	-7.47%	3.98%	11.56%	-10.22%

Drivers of ICF's profit

TTM

Net profit attributable to parent increased vs last year, mainly helped by lower administrative expenses. Supporting and offsetting drivers:

Administrative expenses ↓ 0.6bn

Selling expenses ↓ 0.6bn

Other profit ↑ 0.1bn

Gross profit ↓ 0.9bn

Finance costs ↑ 0.2bn

Financial income ↓ 0.1bn

TTM

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

Administrative expenses ↓ 0.3bn

Selling expenses ↓ 0.1bn

Other profit ↑ 0.1bn

Gross profit ↓ 0.8bn

Finance costs ↑ 0.1bn

Financial income ↓ 0.1bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 -3.5% = -6.8% × 0.23 × 2.26

2026Q1 -3.4% = -6.4% × 0.23 × 2.26

ROE is broadly flat at -3.4% — the components are offsetting one another.

Net margin: -6.4% +0.4pp Asset turnover: 0.23x +0.01x Leverage: 2.26x -0.01x

Is the profit sustainable?

Margins improved (+0.4pp), 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 edged up to -6.44%, rising 0.4pp. Core operating signals are improving as SG&A / Revenue fell 3.0pp are enough to offset pressure from Gross margin fell 2.3pp (in addition, Other profit / Revenue rose 0.2pp added support while Net financial result / Revenue fell 0.6pp 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 -6.44% +0.4pp

Gross Margin 24.85% −2.3pp

SG&A / Revenue 27.55% −3.0pp

Non-core / Revenue -3.75% −0.4pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result share remains high

Even though contribution decreased by 0.4pp, financial result still accounts for 58.2% 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 0.38x +0.01x

Average Invested Capital 112.9bn −0.7bn

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 1.18x equity, net debt at 0.39x equity.

Inventory ended the period at 133.4bn, roughly 74.1% of total assets.

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

Working Capital Drivers

Receivables were broadly stable → neutral CFO: —

Inventories were broadly stable → neutral CFO: —

Payables were broadly stable → neutral CFO: —

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 56.4 days versus the same period last year. The main moves came from DIO fell 53.8 days, DSO fell 24.0 days, and DPO fell 21.4 days.

Improvement comes mainly from faster inventory turnover — watch whether this trend persists in coming periods.

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 1577.5 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Working Capital Efficiency

Receivables 40.6 days −24.0 days

Inventory 1673.3 days −53.8 days

Payables 136.4 days −21.4 days

Cash Conversion Cycle 1577.5 days −56.4 days

Is financial risk significant?

Check leverage, liquidity, and cash-flow conversion.

Leverage & Liquidity

Leverage warrants monitoring, with net debt / equity at 0.39x and interest coverage only at -1.60x.

At present, short-term debt accounts for 66.1% of total debt, cash equals 8.2% of debt, and total debt stands at 34.7bn.

Watchpoints

Interest coverage is thin

Interest coverage is -1.60x, leaving limited room to absorb financing costs.

Short-term refinancing pressure is meaningful

Short-term debt accounts for 66.1% of total debt, raising near-term refinancing needs.

Leverage and liquidity trend

Net Debt / Equity 0.39x +0.04x

Interest Coverage -1.60x +0.25x

Cash / Debt 8.2% +5.0pp

Short-term Debt / Total Debt 66.1% +5.1pp

CFO / NI 0.74x +1.41x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

Operating cash flow reached -4.8bn in 2025, against investing cash flow of -0.0bn.

Post-investment cash flow was negative +4.8bn. Financing cash flow was positive +5.0bn.

CFO / net income was 0.74x.

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

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

Cash Conversion

CFO TTM 2.1bn −4.0bn

Cash Capex — —

FCF TTM — —

Investment Takeaway

The business is balanced but not yet fully stable — some components are moving the right way while others still need monitoring. This is a state to keep watching, with not enough signal to tilt the thesis either way. Even so, earnings quality still needs closer monitoring because net financial result remains elevated. The main risk still sits in leverage and liquidity, with interest coverage at -1.60x.

Watchpoint: the earnings mix still needs monitoring, with net financial result still accounting for 50.9% of PBT and CFO / net income currently at 0.74x.

Key risk: leverage and liquidity still require discipline, with interest coverage only at -1.60x.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	43.0	45.4	51.0	61.2	65.8
Revenue Deductions	—	0.0	2.1	0.0	0.0
Net Revenue	43.0	45.4	48.9	61.2	65.8
Cost of Goods Sold	31.5	34.5	36.9	48.2	0.0
Gross Profit	11.5	11.0	12.0	13.0	10.2
Financial Income	0.2	0.3	0.4	0.1	0.8
Financial Expenses	1.5	1.7	1.8	1.9	-1.5
Interest Expense	1.5	1.1	1.5	1.1	-1.6
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	0.0
Selling Expenses	2.7	3.1	2.1	3.2	-3.7
General and Administrative Expenses	9.8	6.0	8.1	8.5	-6.0
Operating Profit	-2.2	0.4	0.5	-0.3	-0.2
Other Income	0.0	0.1	0.0	0.4	0.0
Other Expenses	0.3	0.2	0.2	1.0	0.0
Other Profit	-0.3	-0.1	-0.2	-0.6	-0.1
Profit Before Tax	-2.5	0.3	0.3	-0.9	-0.3
Current Income Tax Expense	—	0.0	0.0	0.0	0.0
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	-2.5	0.3	0.3	-0.9	-0.3
Non-controlling Interest	—	0.0	0.0	0.0	0.0
Profit Attributable to Parent	-2.5	0.3	0.3	-0.9	-0.3
Earnings per Share	-195.00	22.00	21.00	-71.00	-25.00
Diluted EPS	-195.31	22.00	21.47	-71.00	-24.14

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	151.6	150.3	154.8	155.3	165.6
I. Cash and cash equivalents	0.9	0.7	0.1	1.9	0.1
1. Cash	0.9	0.7	0.1	1.9	0.0
2. Cash equivalents	—	0.0	0.0	0.0	0.0
II. Short-term financial investments	0.3	0.3	0.3	0.2	0.0
1. Available for sale securities	0.5	0.5	0.5	0.5	0.0
2. Provision for diminution in value of available for sale securities (*)	-0.2	-0.3	-0.2	-0.3	0.0
3. Held to maturity investments	—	0.0	0.0	0.0	0.0
III. Short-term receivables	7.5	18.0	10.2	4.3	12.8
1. Short-term trade accounts receivable	6.5	7.9	9.4	3.8	0.0
2. Short-term prepayments to suppliers	0.1	0.1	3.6	3.2	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	0.9	9.9	1.1	1.2	0.0
7. Provision for short-term doubtful debts (*)	—	0.0	-3.9	-3.9	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	133.4	131.3	135.8	140.7	147.4
1. Inventories	147.8	145.6	150.1	155.0	0.0
2. Provision for decline in value of inventories	-14.4	-14.3	-14.3	-14.3	0.0
V. Other short-term assets	9.5	0.1	8.5	8.2	5.1
1. Short-term prepayments	—	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	9.5	0.1	8.5	8.2	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)	28.5	37.6	39.5	42.2	44.9
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	15.0	16.8	18.7	21.4	23.8
1. Tangible fixed assets	8.2	9.7	11.3	13.6	15.7
- Cost	119.8	119.8	119.9	119.8	0.0
- Accumulated depreciation	-111.7	-110.1	-108.6	-106.2	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	6.8	7.1	7.4	7.7	8.1
- Cost	15.2	15.2	15.2	15.2	0.0
- Accumulated depreciation	-8.4	-8.1	-7.8	-7.5	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	—	0.0	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	—	0.0	0.0	0.0	0.0
V. Long-term financial investments	13.5	20.8	20.8	20.8	20.8
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	15.0	15.0	15.0	15.0	0.0
3. Investments in other entities	14.9	22.2	22.2	22.2	0.0
4. Provision for diminution in value of long-term investments	-16.4	-16.4	-16.4	-16.4	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	0.3
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)	180.1	187.9	194.3	197.5	210.5
A. LIABILITIES (300=210+330)	97.3	102.6	109.3	112.8	124.9
I. Short -term liabilities	46.0	43.7	51.2	54.4	66.3
1. Short-term trade accounts payable	9.5	12.9	16.6	19.5	24.2
2. Short-term advances from customers	1.9	1.1	1.5	2.2	3.2
3. Taxes and other payables to state authorities	0.3	0.2	0.2	0.2	0.0
4. Payable to employees	3.2	2.8	1.8	1.2	0.0
5. Short-term acrrued expenses	—	0.0	0.0	0.0	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	4.8	5.6	8.4	7.8	0.0
10. Short-term borrowings and financial leases	21.5	16.2	17.8	18.3	23.1
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	4.8	4.9	5.0	5.1	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	51.3	58.9	58.1	58.4	58.6
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	39.5	46.8	46.8	46.8	0.0
8. Long-term borrowings and financial leases	11.8	12.1	11.3	11.6	11.9
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)	82.8	85.3	85.0	84.7	85.6
I. Owner's equity	82.8	85.3	85.0	84.7	0.0
1. Owner's capital	128.1	128.1	128.1	128.1	85.6
- Common stock with voting right	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	24.2	24.2	24.2	24.2	24.2
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	21.2	21.2	21.2	21.2	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	-90.7	-88.2	-88.4	-88.7	-87.8
- Accumulated retained earning at the end of the previous period	-88.2	-88.4	-88.7	-87.8	-86.9
- Undistributed earnings in this period	-2.5	0.3	0.3	-0.9	-0.9
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)	180.1	187.9	194.3	197.5	210.5

Item	2025	2024	2023	2022	2021
Profit Before Tax	-2.5	0.3	0.3	-0.9	0.0
Depreciation of Fixed Assets and Investment Property	1.9	1.9	2.8	2.5	0.0
Provision (Increase)/Reversal	-0.1	-3.8	-0.1	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	0.0	-0.3	0.1	0.1	0.0
Gain/Loss from Investment Activities	-0.0	-0.0	-0.0	-0.0	0.0
Interest Expense	1.5	1.1	1.5	1.1	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	0.8	-0.8	4.5	2.7	0.0
Increase/(Decrease) in Receivables	1.0	4.5	-6.1	2.6	0.0
Increase/(Decrease) in Inventory	-2.1	4.5	4.9	8.4	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-2.9	-5.8	-2.5	-5.3	0.0
Increase/(Decrease) in Prepaid Expenses	—	0.0	0.0	0.3	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-1.5	-1.1	-1.4	-1.6	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	-0.1	-0.1	-0.2	-0.2	0.0
Net Cash Flow from Operating Activities	-4.8	1.2	-0.9	6.9	5.4
Payments for Fixed Assets and Other Long-term Assets	-0.0	-0.1	-0.0	0.0	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.0	0.0	-0.1
Loans and Purchases of Debt Instruments	—	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.0	0.0	0.0	0.0	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-0.0	-0.1	-0.0	0.0	-0.1
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	43.7	29.0	29.6	25.5	16.7
Repayment of Borrowings	-38.7	-29.6	-30.6	-30.6	-22.0
Repayment of Finance Leases	—	0.0	0.0	0.0	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	5.0	-0.6	-0.9	-5.1	-5.4
Net Cash Flow During the Period	0.2	0.6	-1.8	1.8	-0.1
Cash and Cash Equivalents at Beginning of Period	0.7	0.1	1.9	0.1	0.1
FX Difference from Revaluation	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	0.9	0.7	0.1	1.9	0.1

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Revenue	8.1	10.5	10.6	14.1	7.8	8.5	15.7	11.1	16.6	15.6	12.3	6.6
Revenue Deductions	—	—	—	—	—	0.0	0.0	0.0	2.1	0.0	0.0	0.0
Net Revenue	8.1	10.5	10.6	14.1	7.8	8.5	15.7	11.1	14.5	15.6	12.3	6.6
Cost of Goods Sold	7.1	8.6	6.8	10.0	5.9	5.7	11.0	8.7	12.1	12.2	8.1	4.5
Gross Profit	1.0	1.9	3.7	4.1	1.8	2.8	4.6	2.4	2.4	3.3	4.2	2.1
Financial Income	0.0	0.1	0.1	0.0	0.1	0.1	0.0	0.0	0.1	0.2	0.0	0.0
Financial Expenses	0.4	0.3	0.3	0.6	0.3	0.2	0.7	0.3	0.6	0.4	0.3	0.4
Interest Expense	0.4	0.3	0.3	0.6	0.3	0.2	0.3	0.3	0.3	0.4	0.3	0.4
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	0.6	0.8	0.4	0.8	0.7	0.5	1.1	0.8	0.9	0.6	0.4	0.3
General and Administrative Expenses	2.2	2.3	2.4	2.5	2.6	2.5	2.7	2.3	1.9	1.9	2.1	2.1
Operating Profit	-2.2	-1.4	0.7	0.2	-1.6	-0.4	0.2	-0.9	-1.0	0.6	1.5	-0.7
Other Income	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Expenses	0.0	0.1	0.0	0.1	0.1	0.1	0.0	0.1	0.1	0.0	0.1	0.0
Other Profit	-0.0	-0.1	-0.0	-0.0	-0.1	-0.1	-0.0	-0.1	-0.1	-0.0	-0.1	-0.0
Profit Before Tax	-2.2	-1.5	0.7	0.2	-1.7	-0.4	0.2	-1.0	-1.1	0.6	1.4	-0.7
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	-2.2	-1.5	0.7	0.2	-1.7	-0.4	0.2	-1.0	-1.1	0.6	1.4	-0.7
Non-controlling Interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	-2.2	-1.5	0.7	0.2	-1.7	-0.4	0.2	-1.0	-1.1	0.6	1.4	-0.7
Earnings per Share	-170.00	-116.00	53.00	15.00	-135.00	-32.00	15.00	-78.00	-84.00	48.00	111.00	-53.00
Diluted EPS	-170.10	-115.80	52.72	15.26	-134.98	-31.60	15.50	-77.85	-84.46	48.35	111.20	-52.65

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	155.0	151.8	156.3	153.7	150.0	147.2	148.4	150.0	154.9	158.4	157.3	154.0
I. Cash and cash equivalents	2.8	0.9	0.2	0.2	1.0	0.1	0.2	0.4	0.1	0.2	1.8	0.1
1. Cash	2.8	0.9	0.2	0.2	1.0	0.1	0.2	0.4	0.1	0.2	1.8	0.1
2. Cash equivalents	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	0.3	0.3	0.2	0.2	0.3	0.3	0.4	0.4	0.3	0.3	0.3	0.2
1. Available for sale securities	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5
2. Provision for diminution in value of available for sale securities (*)	-0.2	—	—	-0.3	—	-0.2	-0.2	-0.2	-0.2	-0.3	-0.3	-0.3
3. Held to maturity investments	—	-0.2	-0.3	—	-0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	4.8	7.6	17.1	18.7	15.8	16.3	8.6	6.7	10.3	9.4	8.1	5.4
1. Short-term trade accounts receivable	3.9	6.5	6.9	8.7	5.7	7.0	7.0	6.1	9.5	8.8	4.9	4.8
2. Short-term prepayments to suppliers	0.1	0.1	0.1	0.1	0.1	3.2	4.5	3.3	3.6	3.2	5.7	3.3
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	0.8	0.9	10.0	9.9	9.9	9.9	1.1	1.1	1.1	1.2	1.3	1.2
7. Provision for short-term doubtful debts (*)	—	—	—	—	—	-3.9	-3.9	-3.9	-3.9	-3.9	-3.9	-3.9
8. Assets awaiting resolution	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	137.4	133.5	138.4	134.3	132.4	130.5	130.4	134.0	135.8	140.2	138.9	140.0
1. Inventories	151.8	147.8	152.7	148.6	146.7	144.9	144.7	148.4	150.1	154.6	153.2	154.3
2. Provision for decline in value of inventories	-14.4	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3	-14.3
V. Other short-term assets	9.6	9.5	0.5	0.3	0.6	0.0	8.7	8.6	8.5	8.4	8.3	8.3
1. Short-term prepayments	—	—	—	—	0.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	9.6	9.5	0.5	0.3	0.2	0.0	8.7	8.5	8.5	8.3	8.2	8.3
3. Taxes and other receivables from state authorities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Government bonds	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	28.0	28.5	36.2	36.7	37.2	38.1	38.6	39.0	39.5	40.0	40.5	41.6
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	14.5	15.0	15.4	15.9	16.4	17.3	17.7	18.1	18.7	19.1	19.6	20.8
1. Tangible fixed assets	7.8	8.2	8.5	9.0	9.4	10.1	10.5	10.9	11.3	11.7	12.1	13.2
- Cost	119.9	—	—	—	—	119.8	120.0	119.9	119.9	119.8	119.8	119.8
- Accumulated depreciation	-112.1	—	—	—	—	-109.7	-109.4	-109.0	-108.6	-108.1	-107.7	-106.7
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	6.7	6.8	6.9	6.9	7.0	7.1	7.2	7.3	7.4	7.4	7.5	7.6
- Cost	15.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-8.5	—	—	—	—	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	—	—	—	—	—	0.0	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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Long-term financial investments	13.5	13.5	20.8	20.8	20.8	20.8	20.8	20.8	20.8	20.8	20.8	20.8
1. Investments in subsidiaries	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	15.0	15.0	15.0	15.0	15.0	15.0	15.0	15.0	15.0	15.0	15.0	15.0
3. Investments in other entities	14.9	14.9	22.2	22.2	22.2	22.2	22.2	22.2	22.2	22.2	22.2	22.2
4. Provision for diminution in value of long-term investments	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4	-16.4
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)	183.0	180.2	192.6	190.5	187.2	185.3	186.9	189.0	194.4	198.4	197.8	195.7
A. LIABILITIES (300=210+330)	102.4	97.3	108.2	106.7	103.7	101.6	102.7	105.0	109.4	112.3	112.3	111.6
I. Short -term liabilities	51.2	46.1	49.5	47.9	44.8	43.9	44.9	47.0	51.3	54.1	54.1	53.3
1. Short-term trade accounts payable	13.8	9.5	11.8	11.7	10.5	10.9	11.7	14.7	16.6	16.5	17.4	17.3
2. Short-term advances from customers	2.4	1.9	3.0	2.6	2.3	1.1	1.1	1.1	1.7	2.0	2.9	4.1
3. Taxes and other payables to state authorities	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2
4. Payable to employees	3.1	3.2	3.1	2.5	2.4	2.4	1.9	2.0	1.8	1.7	1.6	1.3
5. Short-term acrrued expenses	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Short-term inter-company payables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	4.0	4.8	6.4	5.8	5.5	10.0	10.8	8.6	8.4	7.4	7.0	8.0
10. Short-term borrowings and financial leases	22.9	21.5	20.1	20.1	18.8	14.3	14.3	15.5	17.7	21.3	20.0	17.2
11. Provision for short-term liabilities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	4.7	4.8	4.8	4.8	4.9	4.9	4.9	5.0	5.0	5.0	5.0	5.1
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	51.2	51.3	58.7	58.8	58.8	57.7	57.8	58.0	58.1	58.2	58.3	58.3
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	39.5	39.5	46.8	46.8	46.8	46.8	46.8	46.8	46.8	46.8	46.8	46.8
8. Long-term borrowings and financial leases	11.7	11.8	11.9	11.9	12.0	10.9	11.0	11.1	11.3	11.4	11.4	11.5
9. Convertible bonds	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
13. Fund for technology development	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	80.6	82.9	84.4	83.8	83.6	83.8	84.2	84.0	85.0	86.1	85.5	84.1
I. Owner's equity	80.6	82.9	84.4	83.8	83.6	83.8	84.2	84.0	85.0	86.1	85.5	84.1
1. Owner's capital	128.1	128.1	128.1	128.1	128.1	128.1	128.1	128.1	128.1	128.1	128.1	128.1
- Common stock with voting right	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00	128,070,000,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	24.2	24.2	24.2	24.2	24.2	24.2	24.2	24.2	24.2	24.2	24.2	24.2
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	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2	21.2
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	-92.8	-90.6	-89.1	-89.7	-89.9	-89.7	-89.2	-89.4	-88.4	-87.3	-88.0	-89.4
- Accumulated retained earning at the end of the previous period	-90.7	-88.2	-88.2	-88.2	-88.2	-88.4	-88.4	-88.4	-88.7	-88.7	-88.7	-88.7
- Undistributed earnings in this period	-2.2	-2.4	-0.9	-1.5	-1.7	-1.2	-0.8	-1.0	0.3	1.4	0.7	-0.7
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)	183.0	180.2	192.6	190.5	187.2	185.3	186.9	189.0	194.4	198.4	197.8	195.7

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23	Q1'23
Profit Before Tax	—	-0.9	—	-1.6	—	0.8	-0.8	0.0	0.3	-0.7	0.7	0.0
Depreciation of Fixed Assets and Investment Property	—	0.9	—	1.0	—	-1.0	1.0	0.0	2.8	-1.7	1.7	0.0
Provision (Increase)/Reversal	—	-0.1	—	0.0	—	0.0	-0.0	0.0	-0.1	0.1	-0.1	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.3	—	-0.3	—	0.0	0.0	0.0	0.1	0.0	0.0	0.0
Gain/Loss from Investment Activities	—	-0.0	—	-0.0	—	0.0	-0.0	0.0	-0.0	0.0	-0.0	0.0
Interest Expense	—	0.6	—	0.8	—	-0.6	0.6	0.0	1.5	-0.8	0.8	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	—	0.8	—	0.0	—	-0.7	0.7	0.0	4.5	-3.2	3.2	0.0
Increase/(Decrease) in Receivables	—	2.0	—	-0.9	—	-1.3	1.3	0.0	-6.1	3.8	-3.8	0.0
Increase/(Decrease) in Inventory	—	0.9	—	-3.0	—	-5.4	5.4	0.0	4.9	-1.7	1.7	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	—	-3.2	—	0.3	—	2.8	-2.8	0.0	-2.5	1.8	-1.8	0.0
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	—	-0.6	—	-0.8	—	0.6	-0.6	0.0	-1.4	0.8	-0.8	0.0
Corporate Income Tax Paid	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Receipts	0.1	—	—	—	—	1.8	-0.0	0.0	-0.2	0.2	-0.1	0.1
Other Operating Payments	-2.2	6.4	-6.4	3.1	-3.1	-6.1	1.9	-1.9	5.8	-5.8	1.6	-1.7
Net Cash Flow from Operating Activities	0.5	-0.6	0.4	-2.3	-2.2	0.2	1.2	2.8	3.6	-2.9	-1.0	-0.6
Payments for Fixed Assets and Other Long-term Assets	—	-0.0	—	—	—	0.1	-0.1	0.0	-0.0	0.0	0.0	0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	-0.0	—	-0.0	—	-0.1	-0.1	0.0	-0.0	0.1	-0.1	0.0	-0.0
Loans and Purchases of Debt Instruments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.0	-0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	-0.0	0.1	-0.1	0.1	-0.1	0.0	-0.1	-0.0	0.0	-0.1	0.0	-0.0
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	11.5	11.7	10.7	5.4	16.0	3.9	6.4	0.6	8.9	9.8	6.6	4.3
Repayment of Borrowings	-10.0	-10.3	-11.0	-3.9	-13.3	-4.3	-7.7	-3.1	-12.6	-8.6	-4.0	-5.5
Repayment of Finance Leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	1.4	1.3	-0.4	1.4	2.6	-0.4	-1.4	-2.4	-3.7	1.2	2.7	-1.1
Net Cash Flow During the Period	1.9	0.7	-0.1	-0.8	0.3	-0.1	-0.2	0.3	-0.1	-1.7	1.7	-1.8
Cash and Cash Equivalents at Beginning of Period	0.9	0.2	0.2	1.0	0.7	0.1	0.1	0.1	1.9	1.9	1.9	1.9
FX Difference from Revaluation	—	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	2.8	0.9	0.2	0.2	1.0	0.1	0.2	0.4	0.1	0.2	1.8	0.1

Explore Other Stocks In The Same Sector

VNM, MCH, MSN, QNS, VHC, DBC, PAN, ANV, TID, SBT, MML, KDC, MPC, AGX, VCF, FMC, SLS, CMF, SEA, NCG, MCM, IDP, TFC, APF, ABT, NAF, IDI, ASM, ANT, SGC, OGC, LSS, BCF, HNF, OCH, CMX, VSN, CMM, DAT, CAT, KHS, CBS, BNA, SAF, AFX, HHC, CCA, LAF, THP, SPV, GCF, MLS, ACL, KTS, SPH, SJ1, VLC, DMN, CMN, TT6, VHE, HNM, SNC, PSL, C22, SPD, BMV, VNH, CAN, AAM, PRO, NSS, FCS, BLF, ATA, UXC, AGF, CAD, TS4, TCJ, NGC, HAF, AVF, JOS, APT, NDF

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

ICF

What Is Changing

Drivers of ICF'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