PPS

Dịch vụ Kỹ thuật Điện lực Dầu khí Việt Nam ·HNX ·2026Q1

▲ Showing improvement

Earnings conversion is confirmed CFO/NPAT 0.15x

Price

9,900

Latest close

01 Jun 2026

P/E 9.47x

P/B 0.80x

EPS 1,045

BVPS 12,380

ROE 8.7%

ROA 7.0%

Profit Margin 3.4%

Asset Turnover 2.03x

Equity Mult. 1.24x

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

What Is Changing

On a TTM 2026Q1 basis, PPS is maintaining revenue growth, but margins have not improved proportionally — profit is at an all-time high. What is still missing is the ability to convert top-line growth into better profitability.

	                            
	                                TTM REVENUE
	                            
	                                    VND 472bn
	                                
+41.4%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 16bn
	                                
+13.4%YoY

Metric	2025	2024	2023	2022	2021
Revenue	382.2	372.6	303.6	259.7	237.3
Growth	+3%	+23%	+17%	+9%	—
Net Income	14.9	18.6	17.7	18.5	16.6
Net Margin	3.91%	4.99%	5.83%	7.11%	7.01%

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	111.9	148.3	94.8	116.9	22.2	162.1	63.3	86.1	61.1	121.6	59.1	78.5
Growth	-25%	+56%	-19%	+427%	-86%	+156%	-27%	+41%	-50%	+106%	-25%	—
Net Income	2.9	6.3	2.4	4.6	1.5	5.7	4.0	3.1	5.5	5.2	3.5	5.0
Net Margin	2.63%	4.26%	2.53%	3.93%	6.77%	3.52%	6.38%	3.61%	9.04%	4.28%	5.91%	6.43%

Drivers of PPS's profit

TTM

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

Administrative expenses ↓ 3.8bn

Other profit ↑ 2.6bn

Tax ↓ 0.4bn

Gross profit ↓ 4.0bn

Financial income ↓ 0.9bn

TTM

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

Gross profit ↑ 1.9bn

Tax ↑ 0.3bn

Financial income ↓ 0.1bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 7.6% = 4.3% × 1.48 × 1.19

2026Q1 8.7% = 3.4% × 2.03 × 1.24

ROE rose from 7.6% to 8.7% — mainly driven by asset turnover, despite net margin moving in the opposite direction.

Net margin: 3.4% -0.9pp Asset turnover: 2.03x +0.55x Leverage: 1.24x +0.05x

Is the profit sustainable?

Margins narrowed but earnings quality remains clean — pressure is mainly operational.

very positive positive stable watch under pressure

What is driving the margin?

Net margin narrowed to 3.45%, falling 0.9pp. The main pressure is Gross margin fell 6.0pp, outweighing the improvement in SG&A / Revenue fell 4.5pp (in addition, Other profit / Revenue rose 0.6pp added support while Net financial result / Revenue fell 0.5pp remained a drag).

The pressure comes from core operations — this is a concerning type of decline, not a one-off movement.

Profitability trend

Net Margin 3.45% −0.9pp

Gross Margin 11.51% −6.0pp

SG&A / Revenue 8.15% −4.5pp

TTM YoY · 2025Q1 -> 2026Q1

Is capital being used efficiently?

Capital efficiency for construction contractors should be read alongside project progress and receivables collection from developers — ROIC fluctuates with handover cycles.

Is capital being deployed efficiently?

Track how much operating profit the business generates on invested capital.

For construction contractors, ROIC moves with backlog and project acceptance timing — this is a reference signal and should be read alongside working-capital cycles.

CAPITAL EFFICIENCY TREND

ROIC — —

NOPAT Margin 3.10% −1.3pp

Capital Turnover — —

Average Invested Capital — —

Balance Sheet

ROIC for construction contractors swings with project progress and handover cycles — the balance sheet below adds perspective. Capital structure is notably light for construction contractors — liabilities at 0.77x equity, with a net cash position equivalent to 0.11x equity.

Inventory ended the period at 76.4bn, roughly 23.3% of total assets.

Over the last 12 months, working capital absorbed 12.9bn of cash, mainly because of higher receivables. Part of that drag was offset by lower inventories and higher payables.

Working Capital Drivers

Receivables increased → lower CFO: −56.0bn

Inventories decreased → higher CFO: +19.8bn

Payables increased → higher CFO: +23.2bn

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 7.7 days versus the same period last year. The main moves came from DIO fell 16.0 days, DSO rose 8.2 days, and DPO fell 0.2 days.

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

For construction contractors, DSO/DIO/DPO/CCC can be distorted by project progress, work-in-progress receivables, and milestone acceptance timing — these metrics should be read alongside developer payment cycles.

Watchpoints

Receivables collection is slowing

DSO increased by +8.2 days, pointing to slower receivables turnover.

Working Capital Efficiency

Receivables 67.9 days +8.2 days

Inventory 25.0 days −16.0 days

Payables 14.5 days −0.2 days

Cash Conversion Cycle 78.5 days −7.7 days

Is financial risk significant?

Financial risk is low — the company has net cash and CFO reached 16.4bn.

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.

Leverage for construction contractors fluctuates with project working capital, performance guarantees, and progress receivables — should be read alongside receivables quality and developer payment cycles.

Leverage and liquidity trend

Net Debt / Equity -0.11x —

Interest Coverage — —

Cash / Debt — —

Short-term Debt / Total Debt — —

CFO / NI 0.15x +1.94x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 16.4bn in 2025, against investing cash flow of 3.1bn.

Post-investment cash flow was positive +19.5bn. Financing cash flow was negative +14.7bn.

CFO / net income was 0.15x.

After spending +11.7bn on fixed-asset investment, the business generated trailing free cash flow of −9.2bn.

For construction contractors, FCF swings sharply with project progress and payment cycles — should be read alongside backlog and receivables quality.

Cash Conversion

CFO TTM 2.4bn +28.2bn

Cash Capex 11.7bn +6.2bn

FCF TTM −9.2bn +22.0bn

Investment Takeaway

The business is heading the right way, but the current picture is still at partial confirmation — not yet a fully clean case. The positive points have clearly improved, showing the operating base is better than before. The brighter spot is earnings conversion is confirmed, with CFO/NI at 0.15x. The next item to monitor is capital efficiency.

Improvement: earnings conversion looks more confirmed, with CFO / net income at 0.15x.

Watchpoint: Capital efficiency needs cycle context.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	382.2	372.6	303.6	259.7	237.3
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	382.2	372.6	303.6	259.7	237.3
Cost of Goods Sold	329.6	310.1	240.0	203.7	0.0
Gross Profit	52.6	62.5	63.6	56.0	53.2
Financial Income	2.7	3.9	6.6	5.5	2.1
Financial Expenses	0.0	0.1	0.1	0.2	-0.1
Interest Expense	0.0	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	38.5	41.8	44.2	40.0	-34.3
Operating Profit	16.7	24.5	26.0	21.4	20.8
Other Income	2.1	0.1	0.3	2.2	0.0
Other Expenses	0.1	0.7	2.4	0.3	0.0
Other Profit	2.1	-0.6	-2.1	1.9	0.0
Profit Before Tax	18.8	24.0	23.9	23.2	20.9
Current Income Tax Expense	3.8	5.4	6.2	4.8	-4.2
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	14.9	18.6	17.7	18.5	16.6
Non-controlling Interest	—	0.0	0.0	0.0	0.0
Profit Attributable to Parent	14.9	18.6	17.7	18.5	16.6
Earnings per Share	996.00	1,240.00	943.00	985.00	1,108.56
Diluted EPS	996.15	1,240.08	1,179.37	1,231.33	1,108.56

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	279.9	247.3	224.4	406.4	387.6
I. Cash and cash equivalents	38.7	33.9	28.4	20.9	87.3
1. Cash	12.4	18.5	8.4	20.9	0.0
2. Cash equivalents	26.3	15.4	20.0	0.0	0.0
II. Short-term financial investments	25.4	32.5	59.5	81.0	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	25.4	32.5	59.5	81.0	0.0
III. Short-term receivables	135.6	162.6	107.4	283.7	285.5
1. Short-term trade accounts receivable	131.4	151.6	103.7	281.1	0.0
2. Short-term prepayments to suppliers	3.5	7.8	0.2	0.0	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	0.7	3.2	3.5	2.6	0.0
7. Provision for short-term doubtful debts (*)	—	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	76.4	18.2	23.9	20.8	9.7
1. Inventories	76.4	18.2	23.9	20.8	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	3.8	0.0	5.2	0.0	0.0
1. Short-term prepayments	0.7	0.0	0.1	0.0	0.0
2. Value added tax to be reclaimed	3.1	0.0	5.2	0.0	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)	48.0	44.8	41.5	39.7	43.7
I. Long-term receivables	0.3	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.0
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	0.3	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	17.9	14.8	13.3	11.6	12.8
1. Tangible fixed assets	17.9	14.8	13.3	11.6	12.8
- Cost	97.6	94.5	90.5	86.1	0.0
- Accumulated depreciation	-79.7	-79.6	-77.2	-74.5	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	2.3	2.3	2.3	2.3	0.0
- Accumulated depreciation	-2.3	-2.3	-2.3	-2.3	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	2.1
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	5.0	5.0	5.0	5.0	5.0
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	5.0	5.0	5.0	5.0	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	24.7	24.9	23.2	23.0	0.0
1. Long-term prepayments	24.7	24.9	23.2	23.0	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	23.7
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)	328.0	292.0	265.9	446.1	431.3
A. LIABILITIES (300=210+330)	142.3	102.6	77.5	256.8	243.9
I. Short -term liabilities	142.3	102.6	77.5	256.8	243.9
1. Short-term trade accounts payable	96.5	45.9	28.4	192.4	179.4
2. Short-term advances from customers	12.9	11.0	1.2	5.6	3.9
3. Taxes and other payables to state authorities	2.0	5.6	3.6	4.0	0.0
4. Payable to employees	24.0	31.9	31.4	36.8	0.0
5. Short-term acrrued expenses	0.7	1.2	4.4	3.2	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	4.7	6.0	7.1	13.7	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	1.1	1.5	1.0	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	—	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)	185.6	189.4	188.4	189.3	187.4
I. Owner's equity	185.6	189.4	188.4	189.3	0.0
1. Owner's capital	150.0	150.0	150.0	150.0	187.4
- Common stock with voting right	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00
- 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	—	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	20.7	20.7	20.7	20.7	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	14.9	18.7	17.8	18.6	16.7
- Accumulated retained earning at the end of the previous period	0.0	0.1	0.1	0.1	0.1
- Undistributed earnings in this period	14.9	18.6	17.7	18.5	16.6
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)	328.0	292.0	265.9	446.1	431.3

Item	2025	2024	2023	2022	2021
Profit Before Tax	18.8	24.0	23.9	23.2	20.9
Depreciation of Fixed Assets and Investment Property	4.3	3.8	4.4	5.8	6.8
Provision (Increase)/Reversal	—	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.0	0.1	0.0	0.1	0.0
Gain/Loss from Investment Activities	-2.8	-3.9	-6.6	-6.5	0.0
Interest Expense	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
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	20.3	23.9	21.8	22.7	25.6
Increase/(Decrease) in Receivables	23.0	-51.7	172.1	2.2	0.0
Increase/(Decrease) in Inventory	-58.2	5.7	-3.1	-11.1	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	39.0	27.0	-180.2	14.0	0.0
Increase/(Decrease) in Prepaid Expenses	-0.5	-1.6	-0.2	0.6	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-0.0	-0.0	0.0	-0.0	0.0
Corporate Income Tax Paid	-3.5	-7.1	-5.9	-4.2	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-3.7	-3.9	-3.2	-4.4	0.0
Net Cash Flow from Operating Activities	16.4	-7.8	1.3	19.8	54.9
Payments for Fixed Assets and Other Long-term Assets	-7.4	-5.3	-6.2	-2.5	-2.9
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.2	0.0	0.0	1.0	0.0
Loans and Purchases of Debt Instruments	-97.3	-96.5	-175.0	-152.8	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	104.6	0.0	196.5	77.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	123.4	0.0	0.0	0.0
Dividends and Interest Income Received	3.2	5.6	5.6	4.4	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	3.1	27.2	21.0	-72.8	-1.1
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	13.2	8.0	0.0	3.2	0.0
Repayment of Borrowings	-13.2	-8.0	0.0	-3.2	0.0
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-14.7	-13.9	-14.7	-13.4	-16.3
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	-14.7	-13.9	-14.7	-13.4	-16.3
Net Cash Flow During the Period	4.8	5.5	7.5	-66.4	-7.1
Cash and Cash Equivalents at Beginning of Period	33.9	28.4	20.9	87.3	49.7
FX Difference from Revaluation	0.0	-0.0	0.0	-0.0	0.0
Cash and Cash Equivalents at End of Period	38.7	33.9	28.4	20.9	87.3

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	111.9	148.3	94.8	116.9	22.2	162.1	63.3	86.1	61.1	121.6	59.1	78.5
Revenue Deductions	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	111.9	148.3	94.8	116.9	22.2	162.1	63.3	86.1	61.1	121.6	59.1	78.5
Cost of Goods Sold	100.9	133.6	82.1	101.1	13.0	139.7	49.4	73.2	47.9	100.9	44.6	64.0
Gross Profit	11.0	14.7	12.8	15.8	9.1	22.4	13.9	12.9	13.3	20.7	14.5	14.5
Financial Income	0.1	1.2	0.3	0.9	0.3	1.6	0.6	0.9	0.8	3.0	0.8	2.3
Financial Expenses	—	0.0	—	—	—	0.1	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
Selling Expenses	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
General and Administrative Expenses	7.4	10.1	10.1	10.9	7.5	17.0	7.9	9.8	7.1	15.5	8.5	10.7
Operating Profit	3.7	5.8	3.0	5.8	2.0	7.0	6.6	3.9	6.9	8.2	6.8	6.1
Other Income	—	2.1	0.0	—	—	0.1	0.0	0.0	0.0	0.0	0.0	0.3
Other Expenses	0.0	0.0	0.0	0.0	0.0	0.1	0.5	0.0	0.0	0.0	2.4	0.0
Other Profit	-0.0	2.1	-0.0	-0.0	-0.0	-0.0	-0.5	-0.0	-0.0	0.0	-2.4	0.3
Profit Before Tax	3.7	7.9	3.0	5.7	1.9	6.9	6.1	3.9	6.9	8.2	4.4	6.3
Current Income Tax Expense	0.8	1.6	0.6	1.1	0.4	1.2	2.0	0.8	1.4	3.0	0.9	1.3
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	2.9	6.3	2.4	4.6	1.5	5.7	4.0	3.1	5.5	5.2	3.5	5.0
Non-controlling Interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	2.9	6.3	2.4	4.6	1.5	5.7	4.0	3.1	5.5	5.2	3.5	5.0
Earnings per Share	157.00	421.72	160.17	306.28	100.08	380.08	269.29	207.18	295.00	347.14	232.69	0.00
Diluted EPS	196.31	421.72	160.17	306.28	100.08	380.08	269.29	207.18	368.47	347.14	232.69	0.00

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)	193.2	279.9	234.7	202.5	178.3	246.8	211.0	202.8	189.7	223.3	225.2	226.1
I. Cash and cash equivalents	21.0	38.7	31.5	18.5	23.1	33.9	100.8	28.0	34.9	26.8	40.4	19.6
1. Cash	15.0	12.4	31.5	13.5	12.7	18.5	20.0	9.8	16.7	6.8	23.6	9.5
2. Cash equivalents	6.0	26.3	—	5.0	10.3	15.4	80.8	18.2	18.2	20.0	16.9	10.2
II. Short-term financial investments	25.2	25.4	57.4	86.4	44.3	32.5	32.5	78.3	74.3	59.5	87.9	91.3
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	25.2	25.4	57.4	86.4	44.3	32.5	32.5	78.3	74.3	59.5	87.9	91.3
III. Short-term receivables	128.0	135.7	128.7	90.4	71.8	162.6	65.0	86.9	54.5	109.6	66.7	90.7
1. Short-term trade accounts receivable	118.5	131.4	110.1	72.0	57.2	151.6	55.4	80.5	52.1	103.2	27.7	70.5
2. Short-term prepayments to suppliers	5.8	3.5	13.7	15.3	10.2	7.8	7.0	3.3	0.8	0.2	3.0	1.1
3. Short-term inter-company receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	2.7	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	3.7	0.7	5.0	3.1	4.4	3.2	2.7	3.0	1.6	3.4	36.1	19.1
7. Provision for short-term doubtful debts (*)	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Assets awaiting resolution	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	18.7	76.3	15.9	5.5	38.5	17.7	12.8	8.1	23.3	22.3	21.4	12.9
1. Inventories	18.7	76.3	15.9	5.5	38.5	17.7	12.8	8.1	23.3	22.3	21.4	12.9
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	0.3	3.8	1.2	1.6	0.6	0.0	0.0	1.6	2.6	5.2	8.7	11.6
1. Short-term prepayments	0.3	0.7	1.1	1.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
2. Value added tax to be reclaimed	0.0	3.1	0.0	0.0	0.6	0.0	0.0	1.6	2.6	5.2	8.7	11.6
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)	49.6	48.0	40.5	41.6	43.2	44.8	41.5	42.1	40.2	41.6	40.2	38.5
I. Long-term receivables	0.3	0.3	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term trade receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
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	0.3	0.3	0.3	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Provision for long-term doubtful debts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	21.0	17.9	12.0	12.9	13.9	14.8	13.7	14.0	12.3	13.3	11.6	10.4
1. Tangible fixed assets	21.0	17.9	12.0	12.9	13.9	14.8	13.7	14.0	12.3	13.3	11.6	10.4
- Cost	102.0	—	—	—	—	94.5	93.7	93.1	90.5	86.4	89.6	87.3
- Accumulated depreciation	-81.0	—	—	—	—	-79.6	-80.0	-79.1	-78.2	-73.1	-78.0	-76.9
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	2.3	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-2.3	—	—	—	—	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	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0
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	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0
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	23.3	24.7	23.1	23.7	24.2	24.9	22.7	23.0	22.8	23.2	23.5	23.0
1. Long-term prepayments	23.3	24.7	23.1	23.7	24.2	24.9	22.7	23.0	22.8	23.2	23.5	23.0
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)	242.8	327.9	275.2	244.1	221.5	291.6	252.5	244.9	229.8	264.9	265.4	264.6
A. LIABILITIES (300=210+330)	57.2	142.4	96.0	67.3	33.9	102.4	69.0	65.5	39.2	76.3	82.2	84.9
I. Short -term liabilities	57.2	142.4	96.0	67.3	33.9	102.4	69.0	65.5	39.2	76.3	82.2	84.9
1. Short-term trade accounts payable	24.1	94.4	22.5	6.1	9.1	45.9	4.5	15.4	13.0	27.5	17.0	24.4
2. Short-term advances from customers	13.3	12.9	14.6	16.7	13.2	11.0	24.5	3.8	1.2	1.2	9.2	10.7
3. Taxes and other payables to state authorities	5.3	1.9	3.5	4.8	0.8	5.7	1.4	0.8	1.4	3.3	1.3	1.8
4. Payable to employees	10.7	23.9	24.0	17.1	5.3	32.5	18.7	22.9	17.5	31.4	32.1	26.9
5. Short-term acrrued expenses	0.1	0.6	10.7	0.5	0.0	1.1	0.8	3.7	0.0	4.4	2.6	1.1
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	0.0	0.0	0.0	0.0
9. Other short-term payables	2.1	7.3	18.9	19.5	3.4	5.1	17.7	17.1	3.9	7.0	18.5	18.2
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	1.6	1.4	1.8	2.6	2.0	1.1	1.3	1.7	2.1	1.5	1.6	1.8
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)	185.7	185.5	179.2	176.8	187.6	189.2	183.5	179.4	190.6	188.6	183.2	179.7
I. Owner's equity	185.7	185.5	179.2	176.8	187.6	189.2	183.5	179.4	190.6	188.6	183.2	179.7
1. Owner's capital	150.0	150.0	150.0	150.0	150.0	150.0	150.0	150.0	150.0	150.0	150.0	150.0
- Common stock with voting right	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	150,000,000,000.00	0.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	150,000,000,000.00
2. Share premium	—	—	—	—	—	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
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	20.7	20.7	20.7	20.7	20.7	20.7	20.7	20.7	20.7	20.7	20.7	20.7
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	15.0	14.8	8.5	6.1	16.9	18.5	12.8	8.8	20.0	17.9	12.5	9.0
- Accumulated retained earning at the end of the previous period	12.1	0.0	0.0	0.0	15.4	0.1	0.1	0.1	14.4	0.1	0.1	0.1
- Undistributed earnings in this period	2.9	14.8	8.5	6.1	1.5	18.4	12.7	8.6	5.5	17.8	12.4	8.9
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)	242.8	327.9	275.2	244.1	221.5	291.6	252.5	244.9	229.8	264.9	265.4	264.6

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	3.7	8.1	3.0	5.7	1.9	6.9	6.1	3.9	6.9	8.3	4.4	6.3
Depreciation of Fixed Assets and Investment Property	1.3	1.2	1.0	1.0	1.0	1.0	1.0	0.9	1.0	1.0	1.1	1.2
Provision (Increase)/Reversal	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	-0.0	—	—	—	0.1	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-0.1	-1.3	-0.3	-0.9	-0.3	-1.6	-0.6	-0.9	-0.8	-3.0	-0.8	-2.3
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
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	4.9	8.0	3.7	5.9	2.7	6.4	6.4	3.9	7.1	6.3	4.7	5.2
Increase/(Decrease) in Receivables	10.4	-9.8	-39.2	-17.4	89.4	-96.8	22.7	-30.6	53.0	-35.2	26.2	141.6
Increase/(Decrease) in Inventory	57.7	-60.4	-10.4	33.0	-20.4	-4.9	-4.7	15.3	0.5	-2.4	-8.8	14.7
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-84.5	60.4	30.0	17.4	-68.7	47.5	3.3	13.3	-37.4	7.9	-2.0	-160.8
Increase/(Decrease) in Prepaid Expenses	1.9	-1.1	1.0	-1.0	0.7	-2.2	0.3	-0.1	0.4	0.2	-0.5	0.2
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	0.0
Corporate Income Tax Paid	-1.6	-0.7	-1.1	-0.3	-1.4	-1.3	-1.4	-1.4	-3.0	-0.9	-1.3	-1.0
Other Operating Receipts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-2.7	-0.4	-0.8	-0.2	-2.4	-0.2	-0.4	-0.7	-2.6	-0.1	-0.2	-0.7
Net Cash Flow from Operating Activities	-14.0	-4.1	-16.9	37.3	-0.0	-51.5	26.1	-0.4	18.0	-24.2	18.0	-0.7
Payments for Fixed Assets and Other Long-term Assets	-4.4	-7.2	-0.1	0.0	-0.1	-2.1	-0.6	-2.6	0.0	-2.7	-2.2	-0.5
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.2	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-30.3	-10.0	-10.2	-42.0	-35.1	-0.1	-23.3	46.0	-119.1	-35.7	-43.1	-38.4
Receipts from Loan Repayments and Sale of Debt Instruments	30.6	42.0	39.3	0.0	23.3	0.0	69.1	-50.0	104.3	64.1	46.5	29.0
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	0.4	1.0	0.9	0.1	1.1	0.8	1.4	0.1	3.4	1.1	1.7	1.1
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	-3.7	26.0	29.8	-41.9	-10.8	-1.4	46.6	-6.6	-11.5	26.9	2.9	-8.8
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	—	13.2	—	—	—	0.0	8.0	0.0	0.0	0.0	0.0	0.0
Repayment of Borrowings	—	-13.2	—	—	—	0.0	-8.0	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	—	-14.7	0.0	-0.0	-0.0	-13.9	0.0	-0.0	-0.0	-14.7	-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	—	-14.7	0.0	-0.0	-0.0	-13.9	0.0	-0.0	-0.0	-14.7	-0.0	-0.0
Net Cash Flow During the Period	-17.7	7.2	13.0	-4.6	-10.8	-66.9	72.8	-6.9	6.5	-12.0	20.8	-9.6
Cash and Cash Equivalents at Beginning of Period	38.7	31.5	18.5	23.1	33.9	28.4	28.4	28.4	28.4	20.9	20.9	20.9
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	21.0	38.7	31.5	18.5	23.1	33.9	100.8	28.0	34.9	28.4	40.4	19.6

Explore Other Stocks In The Same Sector

VCG, SJG, PC1, LLM, CTD, DPG, SCG, L40, HBC, CC1, DSH, L18, DC4, LHC, ICN, SJE, LCG, S55, HMS, TED, CIG, TCD, S99, PVV, FCN, C4G, DCF, HAN, TTL, HEC, SDT, C47, ACC, GTS, CCC, HVH, SC5, L10, VSI, VC6, CHS, PQN, LIG, CMS, TSA, TA9, G36, XMC, VIW, SRF, SD5, MST, PHC, BMK, DLR, VCC, ICG, HTN, VC2, DIH, DRH, LM8, CDC, ALV, PXS, HC1, V12, DC1, XLV, GH3, HFB, SD2, VC1, DC2, NDX, CT6, CH5, HU1, VE1, L12, E29, SJM, QTC, VE9, TV6, VSE, LMI, RCC, HTE, PXT, C92, PEN, PTD, CID, PVX, TA6, CDR, RCD, QCC, SCI, TL4, CDO, L63, PTO, VC9, TEL, LG9, CX8, CT3, PXI, CI5, TS3, ICI, MES, LM3, ACS, LCD, H11, VE4, VE3, CIP, MCO, PVA, S12, SDP, L35, VCE, SD7, VE2, CLG, LUT, HU3, HAS, LO5, L43, SD4, TST, VW3, E12, L45, PVH, VMC, MCG, SDD, LCS, VXB, VE8, LM7, MEC, UDC, SD6, L61, SHG, L62, VVN, TKC, DFF, C12, L44, NTB, S96, SD8, SDB, TNM, VC5

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

PPS

What Is Changing

Drivers of PPS'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