NAV

Nam Việt ·HOSE ·2026Q1

▼▼ Declining sharply

Working capital is tied up too long in the operating cycle Working capital 182 days

Price

14,800

Latest close

04 Jun 2026

P/E 8.87x

P/B 1.13x

EPS 1,668

BVPS 13,066

ROE 13.6%

ROA 12.1%

Profit Margin 13.8%

Asset Turnover 0.88x

Equity Mult. 1.12x

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

What Is Changing

On a TTM 2026Q1 basis, NAV is losing revenue quickly, though margins have not been hit proportionally yet — margins have been compressing consistently over multiple periods. More notably, a significant portion of profit is supported by non-core sources, further affecting earnings quality.

	                            
	                                TTM REVENUE
	                            
	                                    VND 104bn
	                                
−20.6%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 14bn
	                                
−26.5%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    68.5%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	120.1	106.2	129.3	100.6	61.3
Growth	+13%	-18%	+29%	+64%	—
Net Income	14.8	19.1	21.1	23.2	18.5
Net Margin	12.28%	18.02%	16.32%	23.07%	30.13%

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	16.5	15.2	31.7	40.2	33.1	34.4	34.3	28.6	8.9	27.6	34.3	31.0
Growth	+9%	-52%	-21%	+21%	-4%	+0%	+20%	+223%	-68%	-20%	+11%	—
Net Income	1.8	1.2	1.5	9.8	2.2	5.6	2.5	9.2	1.9	7.5	8.1	2.6
Net Margin	10.91%	8.01%	4.67%	24.46%	6.76%	16.30%	7.15%	32.09%	21.79%	27.28%	23.61%	8.33%

Drivers of NAV's profit

TTM

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

Tax ↓ 0.9bn

Gross profit ↓ 4.9bn

Financial income ↓ 1.5bn

TTM

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

Financial income ↑ 0.4bn

Tax ↓ 0.1bn

Other profit ↑ 0.1bn

Gross profit ↓ 1.0bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 17.9% = 14.9% × 1.09 × 1.10

2026Q1 13.6% = 13.8% × 0.88 × 1.12

ROE fell from 17.9% to 13.6% — asset turnover weakened the most, though leverage still provided support.

Net margin: 13.8% -1.1pp Asset turnover: 0.88x -0.21x Leverage: 1.12x +0.02x

Is the profit sustainable?

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

very positive positive stable watch under pressure

What is driving the margin?

Net margin narrowed to 13.83%, falling 1.1pp. The main pressure comes from SG&A / Revenue rose 1.9pp and Gross margin fell 1.0pp (with additional support from Net financial result / Revenue rose 1.0pp and Other profit / Revenue rose 0.3pp).

Margin is under pressure from multiple sides — temporary and structural components need to be separated to properly assess the risk.

Profitability trend

Net Margin 13.83% −1.1pp

Gross Margin 13.60% −1.0pp

SG&A / Revenue 9.26% +1.9pp

Non-core / Revenue 10.86% +1.3pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result is supporting margin

Financial result accounts for 71.4% of PBT and lifted net margin by 1.3pp — separate the operating contribution from this source.

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 13.43% −1.4pp

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 0.05x equity, with a net cash position equivalent to 0.01x equity.

Over the last 12 months, working capital released 19.4bn of cash, mainly thanks to lower receivables and lower inventories. Pressure from lower payables only partly offset that benefit.

Working Capital Drivers

Receivables decreased → higher CFO: +13.2bn

Inventories decreased → higher CFO: +7.3bn

Payables decreased → lower CFO: −1.0bn

Working Capital Efficiency

The inventory build-up noted above is reflected in a longer cash cycle. Cash conversion cycle lengthened by 46.8 days versus the same period last year. The main moves came from DIO rose 4.1 days, DSO rose 45.4 days, and DPO rose 2.7 days.

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

Watchpoints

Cash conversion cycle remains stretched

CCC stands at 181.9 days, suggesting that working capital remains tied up for a relatively long operating cycle.

Receivables collection is slowing

DSO increased by +45.4 days, pointing to slower receivables turnover.

Working Capital Efficiency

Receivables 123.7 days +45.4 days

Inventory 71.4 days +4.1 days

Payables 13.2 days +2.7 days

Cash Conversion Cycle 181.9 days +46.8 days

Is financial risk significant?

Financial risk is low — the company has net cash and CFO reached 25.5bn.

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 -0.01x +0.01x

Interest Coverage — —

Cash / Debt — —

Short-term Debt / Total Debt — —

CFO / NI 1.57x +2.04x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 25.5bn in 2025, against investing cash flow of -16.8bn.

Post-investment cash flow was positive +8.7bn. Financing cash flow was negative +22.4bn.

CFO / net income was 1.57x.

After spending +4.3bn on fixed-asset investment, the business generated trailing free cash flow of +18.1bn.

Cash Conversion

CFO TTM 22.4bn +31.6bn

Cash Capex 4.3bn +3.0bn

FCF TTM +18.1bn +28.6bn

Investment Takeaway

The business is under real pressure, but the current picture has not turned broadly adverse. A notable area has clearly weakened, making the near-term outlook hard to call bright; even so, other parts of the business are still holding up, with working capital is tied up too long in the operating cycle remaining the main constraint, with CCC extended to 182 days. The next watchpoint is the earnings mix, when non-core contribution is 68.5%. The main offsetting support comes from balance-sheet flexibility, with net cash/equity at about -0.01x.

Improvement: the balance sheet remains flexible, with a net cash position equivalent to 0.01x of equity.

Watchpoint: cash flow is currently keeping pace with accounting earnings, with CFO / net income at 1.57x. Even so, net financial result still accounts for 68.5% of PBT, so the earnings mix still needs monitoring.

Key risk: working capital remains tied up for too long, with cash cycle at 181.9 days.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	120.1	106.2	129.3	100.6	61.3
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	120.1	106.2	129.3	100.6	61.3
Cost of Goods Sold	105.1	88.3	113.9	84.8	0.0
Gross Profit	15.1	17.9	15.5	15.8	10.8
Financial Income	10.4	13.0	16.6	16.7	17.2
Financial Expenses	—	0.0	0.0	0.0	-0.0
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	0.1	0.0	0.1	-0.3
General and Administrative Expenses	9.6	9.7	9.2	7.4	-7.2
Operating Profit	15.9	21.2	22.9	24.9	20.5
Other Income	0.6	0.2	0.5	1.6	0.0
Other Expenses	0.3	0.0	0.0	0.3	0.0
Other Profit	0.4	0.2	0.5	1.2	-0.4
Profit Before Tax	16.3	21.4	23.4	26.2	20.1
Current Income Tax Expense	1.5	2.2	2.3	3.0	-1.6
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	14.8	19.1	21.1	23.2	18.5
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	14.8	19.1	21.1	23.2	18.5
Earnings per Share	1,718.00	2,228.00	2,457.00	2,700.00	2,169.00
Diluted EPS	1,844.67	2,392.24	2,638.34	2,899.81	2,308.75

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	84.3	94.1	97.9	90.6	165.4
I. Cash and cash equivalents	3.9	17.6	12.2	4.2	1.2
1. Cash	1.4	2.6	12.2	4.2	0.0
2. Cash equivalents	2.5	15.0	0.0	0.0	0.0
II. Short-term financial investments	45.5	17.0	46.1	45.0	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	45.5	17.0	46.1	45.0	0.0
III. Short-term receivables	25.6	46.6	33.5	34.4	43.5
1. Short-term trade accounts receivable	24.2	27.3	23.5	13.6	0.0
2. Short-term prepayments to suppliers	0.6	15.4	0.0	11.9	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	0.9	3.9	10.1	9.3	0.0
7. Provision for short-term doubtful debts (*)	—	0.0	0.0	-0.4	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	9.2	12.7	5.9	6.8	11.7
1. Inventories	15.0	18.8	12.2	12.6	0.0
2. Provision for decline in value of inventories	-5.8	-6.1	-6.2	-5.8	0.0
V. Other short-term assets	0.1	0.1	0.1	0.3	0.9
1. Short-term prepayments	0.1	0.1	0.1	0.1	0.0
2. Value added tax to be reclaimed	—	0.0	0.0	0.2	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)	23.7	23.8	22.8	23.0	15.5
I. Long-term receivables	0.3	0.5	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	0.3	0.5	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	9.7	10.0	11.1	11.0	4.0
1. Tangible fixed assets	9.7	10.0	11.1	11.0	4.0
- Cost	32.0	30.0	28.9	26.9	0.0
- Accumulated depreciation	-22.3	-20.0	-17.8	-15.9	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	—	0.0	0.0	0.0	0.0
- Cost	0.2	0.2	0.2	0.9	0.0
- Accumulated depreciation	-0.2	-0.2	-0.2	-0.9	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	—	1.6	0.0	0.0	0.0
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	—	1.6	0.0	0.0	0.0
V. Long-term financial investments	11.5	11.5	11.5	11.5	11.5
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	11.5	11.5	11.5	11.5	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	2.2	0.2	0.2	0.4	0.0
1. Long-term prepayments	2.2	0.2	0.2	0.4	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)	108.0	117.9	120.7	113.6	180.8
A. LIABILITIES (300=210+330)	5.2	6.3	5.4	5.1	78.8
I. Short -term liabilities	2.6	4.0	2.5	4.1	76.6
1. Short-term trade accounts payable	—	0.0	0.0	0.0	9.1
2. Short-term advances from customers	—	0.0	0.0	0.1	0.0
3. Taxes and other payables to state authorities	0.5	1.3	0.8	0.9	0.0
4. Payable to employees	0.5	0.7	0.7	0.4	0.0
5. Short-term acrrued expenses	0.1	0.1	0.1	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	0.1	0.1
9. Other short-term payables	1.4	1.6	0.9	2.6	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	0.1	0.3	0.0	0.0	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	2.6	2.3	2.8	1.0	2.2
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	2.6	2.3	2.8	1.0	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)	102.9	111.5	115.3	108.4	102.0
I. Owner's equity	102.9	111.5	115.3	108.4	0.0
1. Owner's capital	80.0	80.0	80.0	80.0	102.0
- Common stock with voting right	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	—	0.0	0.0	0.0	0.0
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	0.0	0.0	0.0	0.0
5. Treasury shares	-190,000.00	-190,000.00	-190,000.00	-190,000.00	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	12.2	12.2	12.2	12.2	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	10.6	19.3	23.0	16.2	9.8
- Accumulated retained earning at the end of the previous period	3.3	1.4	9.8	0.2	4.6
- Undistributed earnings in this period	7.3	17.8	13.3	16.0	5.2
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)	108.0	117.9	120.7	113.6	180.8

Item	2025	2024	2023	2022	2021
Profit Before Tax	16.3	21.4	23.4	26.2	20.1
Depreciation of Fixed Assets and Investment Property	2.5	2.3	2.0	0.9	0.5
Provision (Increase)/Reversal	-0.3	-0.2	0.5	0.7	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-10.4	-13.0	-16.6	-16.9	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	8.1	10.5	9.3	10.9	5.3
Increase/(Decrease) in Receivables	17.5	-19.3	1.8	8.4	0.0
Increase/(Decrease) in Inventory	3.8	-6.6	0.4	4.3	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-1.2	-0.2	-0.0	-65.4	0.0
Increase/(Decrease) in Prepaid Expenses	-0.2	-0.1	0.2	-0.4	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	—	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-1.8	-1.8	-2.6	-2.0	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-0.8	-0.5	-0.8	-1.7	0.0
Net Cash Flow from Operating Activities	25.5	-18.1	8.2	-46.0	-24.1
Payments for Fixed Assets and Other Long-term Assets	-2.5	-3.0	-2.1	-8.7	-0.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.3	0.3	0.0	0.9	0.0
Loans and Purchases of Debt Instruments	-85.6	-81.6	61.5	-45.0	-139.0
Receipts from Loan Repayments and Sale of Debt Instruments	57.2	110.2	-62.6	108.0	126.0
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	13.9	19.2	15.8	18.1	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-16.8	45.1	12.6	73.3	6.1
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	—	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	-22.4	-21.6	-12.8	-24.3	-18.4
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	-22.4	-21.6	-12.8	-24.3	-18.4
Net Cash Flow During the Period	-13.7	5.4	8.0	3.0	-35.7
Cash and Cash Equivalents at Beginning of Period	17.6	12.2	4.2	1.2	37.5
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	3.9	17.6	12.2	4.2	1.2

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	16.5	15.2	31.7	40.2	33.1	34.4	34.3	28.6	8.9	27.6	34.3	31.0
Revenue Deductions	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	16.5	15.2	31.7	40.2	33.1	34.4	34.3	28.6	8.9	27.6	34.3	31.0
Cost of Goods Sold	12.9	11.9	27.9	36.8	28.5	29.5	29.5	24.0	5.3	24.5	30.2	27.1
Gross Profit	3.6	3.2	3.8	3.4	4.7	4.9	4.8	4.6	3.6	3.2	4.1	3.9
Financial Income	0.8	0.6	0.4	9.0	0.4	3.9	0.5	7.5	1.1	8.0	6.4	1.2
Financial Expenses	—	—	—	—	0.0	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	0.0
Share of Associates and Joint Ventures	—	—	—	—	0.0	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	0.0	0.0	0.0	0.0
General and Administrative Expenses	2.2	2.3	2.3	2.8	2.2	2.6	2.4	2.3	2.3	3.5	2.1	1.9
Operating Profit	2.2	1.6	2.0	9.5	2.8	6.1	2.9	9.7	2.4	7.7	8.3	3.2
Other Income	0.4	—	0.3	0.6	0.0	0.3	0.2	0.0	0.0	0.0	0.5	0.0
Other Expenses	0.4	0.0	0.4	0.1	0.1	0.2	0.0	0.0	0.0	0.0	0.0	0.0
Other Profit	0.1	-0.0	-0.1	0.6	-0.0	0.0	0.2	-0.0	0.0	0.0	0.5	-0.0
Profit Before Tax	2.3	1.5	1.9	10.1	2.8	6.2	3.1	9.7	2.4	7.7	8.8	3.2
Current Income Tax Expense	0.5	0.3	0.4	0.3	0.6	0.5	0.6	0.6	0.5	0.2	0.7	0.6
Deferred Income Tax Expense	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	1.8	1.2	1.5	9.8	2.2	5.6	2.5	9.2	1.9	7.5	8.1	2.6
Non-controlling Interest	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	1.8	1.2	1.5	9.8	2.2	5.6	2.5	9.2	1.9	7.5	8.1	2.6
Earnings per Share	210.00	142.00	173.00	1,143.00	261.00	683.00	285.00	1,066.00	224.00	876.00	942.00	301.00
Diluted EPS	225.07	151.96	185.26	1,227.73	279.72	701.53	306.74	1,146.42	241.24	942.21	1,013.32	323.31

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)	92.2	84.3	87.1	93.3	95.6	94.1	93.6	88.9	96.9	97.9	98.5	90.3
I. Cash and cash equivalents	1.1	3.9	8.0	4.9	2.0	2.6	3.7	20.1	25.3	12.2	1.6	4.9
1. Cash	1.1	1.4	1.5	3.4	2.0	2.6	3.7	4.9	5.3	12.2	1.6	4.9
2. Cash equivalents	—	2.5	6.5	1.5	0.0	0.0	0.0	15.3	20.0	0.0	0.0	0.0
II. Short-term financial investments	47.7	45.5	30.0	22.1	28.4	32.0	34.4	17.6	32.6	46.1	47.6	49.5
1. Available for sale securities	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Held to maturity investments	47.7	45.5	30.0	22.1	28.4	32.0	34.4	17.6	32.6	46.1	47.6	49.5
III. Short-term receivables	30.8	25.6	37.1	52.6	47.9	46.6	31.2	33.9	22.6	33.5	41.2	28.2
1. Short-term trade accounts receivable	30.0	24.2	36.8	41.0	40.2	27.3	29.5	13.3	15.7	23.5	37.3	19.3
2. Short-term prepayments to suppliers	0.1	0.6	0.0	2.3	7.4	15.4	1.0	19.3	2.5	0.0	2.1	6.9
3. Short-term inter-company receivables	—	—	—	—	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
5. Short-term loan receivables	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	0.7	0.9	0.3	9.2	0.4	3.9	0.7	1.3	4.3	10.1	2.0	2.4
7. Provision for short-term doubtful debts (*)	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	-0.4	-0.4
8. Assets awaiting resolution	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	8.2	9.2	10.2	10.7	15.1	12.7	23.1	15.8	13.8	5.9	7.1	6.2
1. Inventories	13.9	15.0	16.0	16.6	21.1	18.8	29.2	22.0	20.0	12.2	12.8	11.9
2. Provision for decline in value of inventories	-5.8	-5.8	-5.8	-5.9	-5.9	-6.1	-6.1	-6.1	-6.2	-6.2	-5.7	-5.7
V. Other short-term assets	4.5	0.1	1.7	3.0	2.2	0.2	1.2	1.5	2.7	0.1	0.9	1.4
1. Short-term prepayments	4.5	0.1	1.7	3.0	2.2	0.2	0.8	1.5	2.4	0.1	0.9	1.4
2. Value added tax to be reclaimed	—	—	—	—	0.0	0.0	0.4	0.0	0.3	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	—	—	0.0	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Government bonds	—	—	—	—	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
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	24.1	23.7	24.7	24.8	24.4	23.7	23.1	21.9	22.3	22.8	23.4	23.6
I. Long-term receivables	0.4	0.3	0.4	0.4	0.4	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
2. Long-term prepayments to suppliers	—	—	—	—	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
4. Long-term inter-company receivables	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	0.3	0.4	0.4	0.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	0.4	—	—	—	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
II. Fixed assets	10.4	9.7	10.4	10.1	9.4	10.0	10.8	10.1	10.6	11.1	11.6	11.8
1. Tangible fixed assets	10.4	9.7	10.4	10.1	9.4	10.0	10.8	10.1	10.6	11.1	11.6	11.8
- Cost	33.3	—	—	—	30.0	30.0	30.3	29.0	29.0	28.9	28.9	28.6
- Accumulated depreciation	-23.0	—	—	—	-20.6	-20.0	-19.5	-18.9	-18.4	-17.8	-17.3	-16.8
2. Financial leased fixed assets	—	—	—	—	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
- Accumulated depreciation	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	—	—	—	—	0.0	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	0.0
- Accumulated depreciation	-0.2	—	—	—	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	0.0
- Cost	—	—	—	—	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
IV. Long-term assets in progress	—	—	—	—	0.0	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	0.0
2. Construction in progress	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Long-term financial investments	11.5	11.5	11.5	11.5	11.5	11.5	12.0	11.5	11.5	11.5	11.5	11.5
1. Investments in subsidiaries	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5	11.5
3. Investments in other entities	—	—	—	—	0.0	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	0.0
5. Held to maturity investments	—	—	—	—	0.0	0.0	0.5	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
VI. Other long-term assets	1.8	2.2	2.5	2.8	3.1	2.3	0.3	0.4	0.1	0.2	0.3	0.3
1. Long-term prepayments	1.8	2.2	2.5	2.8	3.1	1.8	0.3	0.4	0.1	0.2	0.3	0.3
2. Deferred income tax assets	—	—	—	—	0.0	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	0.0
4. Other long-term assets	—	—	—	—	0.0	0.5	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	0.0
VII. Goodwill (before 2015)	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	116.3	108.0	111.8	118.1	120.0	117.9	116.6	110.9	119.2	120.7	121.8	113.8
A. LIABILITIES (300=210+330)	11.8	5.2	10.0	11.3	14.4	6.3	10.3	6.8	7.7	5.4	7.2	6.7
I. Short -term liabilities	7.3	2.6	7.0	8.7	11.8	4.0	8.0	4.5	5.9	3.9	5.7	5.2
1. Short-term trade accounts payable	0.1	—	1.2	2.3	6.4	0.0	4.7	0.0	0.0	0.0	0.0	0.0
2. Short-term advances from customers	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Taxes and other payables to state authorities	6.8	0.5	3.7	3.6	3.5	1.3	1.1	2.2	3.2	0.7	2.4	2.6
4. Payable to employees	—	0.5	0.1	0.6	0.0	0.7	0.1	0.1	0.0	0.7	0.3	0.1
5. Short-term acrrued expenses	0.2	0.1	0.4	0.0	0.0	0.1	0.0	0.0	0.0	0.1	0.0	0.0
6. Short-term inter-company payables	—	—	—	—	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
8. Short-term unearned revenue	—	—	—	—	0.5	0.0	0.5	0.0	0.5	0.0	0.1	0.1
9. Other short-term payables	0.2	1.4	1.5	1.6	1.3	1.6	1.5	1.8	2.0	2.3	2.4	2.1
10. Short-term borrowings and financial leases	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
11. Provision for short-term liabilities	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	0.1	0.1	0.0	0.5	0.1	0.3	0.1	0.4	0.0	0.0	0.5	0.2
13. Price stabilization fund	—	—	—	—	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
II. Long-term liabilities	4.5	2.6	3.0	2.7	2.6	2.3	2.3	2.3	1.8	1.4	1.4	1.5
1. Long-term trade payables	—	—	—	—	0.0	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	0.0
3. Long-term acrrued expenses	—	—	—	—	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
5. Long-term inter-company payables	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	0.5	—	0.5	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Other long-term liabilities	4.0	2.6	2.6	2.7	2.6	2.3	2.3	2.3	1.8	1.4	1.4	1.5
8. Long-term borrowings and financial leases	—	—	—	—	0.0	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	0.0
10. Preferred stock (Debts)	—	—	—	—	0.00	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	0.0
12. Provision for long-term liabilities	—	—	—	—	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
14. Provision for severance allowances	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	104.5	102.9	101.7	106.7	105.6	111.5	106.3	104.0	111.5	115.3	114.7	107.1
I. Owner's equity	104.5	102.9	101.7	106.7	105.6	111.5	106.3	104.0	111.5	115.3	114.7	107.1
1. Owner's capital	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0	80.0
- Common stock with voting right	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00	80,000,000,000.00
- Preferred stock	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
3. Convertible bond option	—	—	—	—	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
5. Treasury shares	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00	-190,000.00
6. Assets revaluation differences	—	—	—	—	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
8. Investment and development fund	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2	12.2
9. Fund to support corporate restructuring	—	—	—	—	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
11. Undistributed earnings after tax	12.3	10.6	9.5	14.5	13.4	19.3	14.1	11.8	19.2	23.1	22.4	14.9
- Accumulated retained earning at the end of the previous period	3.3	3.3	3.3	3.3	11.3	1.4	3.7	1.4	16.6	9.8	9.8	9.8
- Undistributed earnings in this period	9.0	7.3	6.2	11.2	2.1	17.8	10.3	10.3	2.6	13.3	12.6	5.1
12. Reserves for investment in construction	—	—	—	—	0.0	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	0.0
14. Financial reserves	—	—	—	—	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
1. Subsidized not-for-profit funds	—	—	—	—	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
C. MINORITY'S INTEREST	—	—	—	—	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)	116.3	108.0	111.8	118.1	120.0	117.9	116.6	110.9	119.2	120.7	121.8	113.8

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	2.3	1.5	1.9	10.1	2.8	6.2	3.1	9.7	2.4	7.7	8.8	3.2
Depreciation of Fixed Assets and Investment Property	0.7	0.7	0.7	0.6	0.6	0.6	0.6	0.6	0.6	0.5	0.5	0.5
Provision (Increase)/Reversal	-0.0	-0.0	-0.1	-0.0	-0.2	-0.1	-0.0	-0.1	0.0	0.5	0.0	-0.1
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-0.8	-0.6	-0.4	-9.0	-0.4	-3.9	-0.5	-7.5	-1.1	-8.0	-6.4	-1.2
Interest Expense	—	—	—	—	0.0	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	0.0
Interest Income and Dividends	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	2.2	1.6	2.0	1.7	2.8	2.8	3.1	2.7	1.9	0.7	3.0	2.5
Increase/(Decrease) in Receivables	-5.7	11.5	6.8	0.5	-1.3	-2.9	3.4	-19.8	10.7	17.3	-14.9	0.2
Increase/(Decrease) in Inventory	1.0	1.3	0.3	4.6	-2.4	10.4	-7.2	-2.0	-7.8	0.7	-0.9	1.6
Increase/(Decrease) in Payables (Excl. Interest and CIT)	7.3	-3.8	-2.1	-2.5	7.2	-4.0	3.9	-1.5	1.9	-1.4	0.3	-0.0
Increase/(Decrease) in Prepaid Expenses	-4.1	1.3	2.3	-1.8	-2.0	-0.9	0.8	0.7	-2.3	0.9	0.6	0.1
Changes in Trading Securities	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.5
Corporate Income Tax Paid	-0.3	-0.4	-0.3	-0.6	-0.6	-0.6	-0.6	-0.5	-0.2	-0.7	-0.6	-1.2
Other Operating Receipts	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-0.1	0.0	-0.5	0.0	-0.3	-0.0	-0.4	0.0	-0.1	-0.8	-0.0	0.0
Net Cash Flow from Operating Activities	0.3	11.5	8.6	2.1	3.3	4.8	3.0	-20.4	4.1	16.6	-12.6	3.6
Payments for Fixed Assets and Other Long-term Assets	-1.8	0.0	-1.2	-1.4	0.0	0.0	-1.3	0.0	-0.1	0.0	-0.4	-0.4
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.3	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-32.2	-40.2	-17.9	0.9	-28.4	-6.3	-34.4	0.0	0.0	116.6	-21.6	-4.5
Receipts from Loan Repayments and Sale of Debt Instruments	30.0	23.3	11.5	5.4	17.0	0.0	17.6	15.0	13.5	-116.6	25.0	0.0
Investments in Other Entities	—	—	—	—	0.0	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	0.0
Dividends and Interest Income Received	0.8	1.0	8.6	3.8	0.4	0.4	-1.3	16.3	1.1	0.4	6.3	8.1
Increase/(Decrease) in Term Deposits	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Receipts	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Payments	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-3.2	-15.6	1.0	8.8	-11.0	-5.9	-19.5	31.3	14.6	0.4	9.4	3.2
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	0.00	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	0.00
Proceeds from Borrowings	—	—	—	—	0.0	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	0.0
Repayment of Finance Leases	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	0.0	-6.4	-8.0	-8.0	0.0	0.0	-16.0	-5.6	-6.4	0.0	-6.4
Other Financing Receipts	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Financing Payments	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	—	0.0	-6.4	-8.0	-8.0	0.0	0.0	-16.0	-5.6	-6.4	0.0	-6.4
Net Cash Flow During the Period	-2.9	-4.1	3.1	2.9	-15.6	-1.0	-16.4	-5.1	13.1	10.6	-3.3	0.4
Cash and Cash Equivalents at Beginning of Period	3.9	8.0	4.9	2.0	17.6	12.2	12.2	12.2	12.2	4.2	4.2	4.2
FX Difference from Revaluation	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	1.1	3.9	8.0	4.9	2.0	2.6	3.7	20.1	25.3	12.2	1.6	4.9

Explore Other Stocks In The Same Sector

GDT, MEF, TTF, SBV, KSD, CET

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

NAV

What Is Changing

Drivers of NAV'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