RAL
Listed Company · HOSE
Price
86,600
Latest close
03 Apr 2026
P/E
5.6x
EPS
(TTM)
15,336
ROE
(TTM)
10.8%
P/B
0.6x
BVPS
(Latest)
144,333
ROA
(TTM)
4.4%
What Is Changing
RAL has not yet shown a broad-based top-line recovery. Revenue posted -23.9% YoY, but net margin reached 5.68% with an additional -1.4pp improvement versus the prior year. The next question is whether current profit momentum can hold through the next cycle.
- Net Margin fell below its recent low, compressing 129bps to 5.68% in 2025.
- Net Income fell to a multi-period low at VND 361.1bn in 2025.
- Revenue decreased 23.9% YoY to VND 6,359.6bn in 2025.
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 6,359.6 | 8,356.6 | 8,316.3 | 6,909.2 | 5,709.1 |
| Growth | -24% | +0% | +20% | +21% | — |
| Net Income | 361.1 | 593.1 | 584.3 | 485.8 | 398.1 |
| Net Margin | 5.68% | 7.10% | 7.03% | 7.03% | 6.97% |
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,277.5 | 1,364.6 | 1,189.6 | 1,527.9 | 2,077.5 | 1,328.9 | 2,119.4 | 2,830.9 | 3,374.8 | 1,281.2 | 1,525.0 | 2,135.4 |
| Growth | +67% | +15% | -22% | -26% | +56% | -37% | -25% | -16% | +163% | -16% | -29% | — |
| Net Income | 109.6 | 80.8 | 69.8 | 100.9 | 182.7 | 76.6 | 137.3 | 194.7 | 194.5 | 96.9 | 110.4 | 182.5 |
| Net Margin | 4.81% | 5.92% | 5.87% | 6.60% | 8.80% | 5.77% | 6.48% | 6.88% | 5.76% | 7.56% | 7.24% | 8.55% |
Financial Statements
Profitability
Net margin reached 5.68% while Revenue posted -23.9% YoY.
Balance Sheet
Inventory stood at 2,231.9bn, liabilities at 4,737.5bn, and equity at 3,398.7bn.
Cash Flow
Operating cash flow was 1,467.7bn in 2025, while investing cash flow was -463.1bn.
Financing cash flow: -722.2bn.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Revenue
|
6,441.2 | 8,413.9 | 8,330.3 | 6,927.6 | 5,719.8 |
|
Revenue Deductions
|
81.6 | 57.3 | 13.9 | 18.3 | 0.0 |
|
Net Revenue
|
6,359.6 | 8,356.6 | 8,316.3 | 6,909.2 | 5,709.1 |
|
Cost of Goods Sold
|
4,910.2 | 6,446.4 | 6,311.1 | 5,074.6 | 0.0 |
|
Gross Profit
|
1,449.4 | 1,910.2 | 2,005.3 | 1,834.7 | 1,681.7 |
|
Financial Income
|
21.6 | 25.6 | 14.1 | 20.3 | 5.9 |
|
Financial Expenses
|
113.6 | 116.4 | 116.2 | 100.3 | -55.0 |
|
Interest Expense
|
104.8 | 83.7 | 107.8 | 68.4 | -52.9 |
|
Share of Associates and Joint Ventures
|
— | 0.0 | 0.0 | 0.0 | -0.0 |
|
Selling Expenses
|
811.6 | 1,067.5 | 1,126.0 | 996.7 | -920.5 |
|
General and Administrative Expenses
|
133.1 | 117.4 | 159.0 | 147.1 | -210.1 |
|
Operating Profit
|
412.7 | 634.5 | 618.2 | 610.9 | 502.0 |
|
Other Income
|
0.6 | 0.5 | 0.2 | 0.2 | 0.0 |
|
Other Expenses
|
0.0 | 4.8 | 0.2 | 2.3 | 0.0 |
|
Other Profit
|
0.6 | -4.3 | 0.0 | -2.1 | -0.4 |
|
Profit Before Tax
|
413.2 | 630.2 | 618.2 | 608.8 | 501.6 |
|
Current Income Tax Expense
|
52.1 | 37.1 | 34.0 | 123.0 | -103.5 |
|
Deferred Income Tax Expense
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Income
|
361.1 | 593.1 | 584.3 | 485.8 | 398.1 |
|
Non-controlling Interest
|
— | 0.0 | 0.0 | 0.0 | -0.0 |
|
Profit Attributable to Parent
|
361.1 | 593.1 | 584.3 | 485.8 | 398.1 |
|
Earnings per Share
|
15,336.00 | 25,187.00 | 25,124.00 | 25,564.00 | 33,346.71 |
|
Diluted EPS
|
15,336.42 | 25,186.90 | 24,812.55 | 21,171.33 | 32,971.01 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
7,432.7 | 7,842.1 | 7,310.9 | 6,287.0 | 4,859.2 |
|
I. Cash and cash equivalents
|
1,851.2 | 1,573.0 | 802.4 | 796.0 | 950.1 |
|
1. Cash
|
1,851.2 | 1,573.0 | 802.4 | 796.0 | 0.0 |
|
2. Cash equivalents
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Short-term financial investments
|
— | 0.0 | 0.0 | 0.0 | 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
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
III. Short-term receivables
|
3,146.1 | 4,363.9 | 5,220.5 | 4,525.0 | 3,213.7 |
|
1. Short-term trade accounts receivable
|
2,868.0 | 4,295.9 | 5,049.5 | 4,358.0 | 0.0 |
|
2. Short-term prepayments to suppliers
|
311.3 | 112.5 | 217.5 | 166.1 | 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
|
105.7 | 92.4 | 113.3 | 168.4 | 0.0 |
|
7. Provision for short-term doubtful debts (*)
|
-138.9 | -136.9 | -159.8 | -167.4 | 0.0 |
|
8. Assets awaiting resolution
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
IV. Inventories
|
2,231.9 | 1,772.5 | 1,267.3 | 961.9 | 693.0 |
|
1. Inventories
|
2,231.9 | 1,772.5 | 1,267.3 | 961.9 | 0.0 |
|
2. Provision for decline in value of inventories
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
V. Other short-term assets
|
203.5 | 132.7 | 20.7 | 4.1 | 2.4 |
|
1. Short-term prepayments
|
2.5 | 4.3 | 2.7 | 2.0 | 0.0 |
|
2. Value added tax to be reclaimed
|
196.8 | 125.2 | 17.1 | 0.0 | 0.0 |
|
3. Taxes and other receivables from state authorities
|
4.1 | 3.2 | 1.0 | 2.1 | 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)
|
703.5 | 466.8 | 440.8 | 429.5 | 414.7 |
|
I. Long-term receivables
|
2.3 | 1.4 | 1.3 | 1.2 | 0.0 |
|
1. Long-term trade receivables
|
— | 0.0 | 0.0 | 0.0 | 1.2 |
|
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
|
2.3 | 1.4 | 1.3 | 1.2 | 0.0 |
|
7. Provision for long-term doubtful debts
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Fixed assets
|
369.6 | 315.7 | 309.7 | 301.1 | 287.7 |
|
1. Tangible fixed assets
|
282.3 | 231.9 | 223.6 | 227.7 | 217.7 |
|
- Cost
|
1,250.0 | 1,120.8 | 1,029.8 | 958.8 | 0.0 |
|
- Accumulated depreciation
|
-967.7 | -888.9 | -806.2 | -731.2 | 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
|
87.4 | 83.8 | 86.0 | 73.4 | 70.0 |
|
- Cost
|
162.3 | 143.8 | 133.5 | 108.9 | 0.0 |
|
- Accumulated depreciation
|
-75.0 | -60.0 | -47.5 | -35.5 | 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
|
327.3 | 145.6 | 124.8 | 122.9 | 122.2 |
|
1. Long-term production in progress
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Construction in progress
|
327.3 | 145.6 | 124.8 | 122.9 | 0.0 |
|
V. Long-term financial investments
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Investments in subsidiaries
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Investments in other entities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Provision for diminution in value of long-term investments
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Held to maturity investments
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term investments
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
4.2 | 4.1 | 5.0 | 4.2 | 0.0 |
|
1. Long-term prepayments
|
4.2 | 4.1 | 5.0 | 4.2 | 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 | 3.6 |
|
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)
|
8,136.1 | 8,308.9 | 7,751.7 | 6,716.5 | 5,273.9 |
|
A. LIABILITIES (300=210+330)
|
4,737.5 | 5,005.3 | 4,777.4 | 4,094.8 | 3,905.0 |
|
I. Short -term liabilities
|
4,736.6 | 5,004.5 | 4,776.6 | 4,094.0 | 3,904.1 |
|
1. Short-term trade accounts payable
|
814.7 | 681.3 | 899.2 | 1,018.5 | 833.9 |
|
2. Short-term advances from customers
|
36.5 | 37.2 | 19.3 | 15.2 | 19.2 |
|
3. Taxes and other payables to state authorities
|
21.5 | 24.1 | 27.8 | 81.7 | 0.0 |
|
4. Payable to employees
|
67.9 | 127.0 | 56.7 | 58.0 | 0.0 |
|
5. Short-term acrrued expenses
|
232.2 | 119.6 | 335.4 | 408.4 | 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
|
136.7 | 119.6 | 103.2 | 95.7 | 0.0 |
|
10. Short-term borrowings and financial leases
|
2,939.3 | 3,549.4 | 3,102.8 | 2,297.7 | 2,293.1 |
|
11. Provision for short-term liabilities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
12.. Bonus and welfare fund
|
487.9 | 346.3 | 232.2 | 118.7 | 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
|
0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
|
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
|
0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
|
9. Convertible bonds
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
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)
|
3,398.7 | 3,303.6 | 2,974.3 | 2,621.7 | 1,369.0 |
|
I. Owner's equity
|
3,398.7 | 3,303.6 | 2,974.3 | 2,621.7 | 0.0 |
|
1. Owner's capital
|
235.5 | 235.5 | 235.5 | 229.5 | 1,369.0 |
|
- Common stock with voting right
|
235.5 | 235.5 | 235.5 | 229.5 | 120.8 |
|
- Preferred stock
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 175.1 |
|
3. Convertible bond option
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
4. Other capital of owners
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
5. Treasury shares
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
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
|
1,063.1 | 866.5 | 674.6 | 531.9 | 0.0 |
|
9. Fund to support corporate restructuring
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Other funds from owner's equity
|
720.2 | 589.7 | 461.2 | 354.3 | 0.0 |
|
11. Undistributed earnings after tax
|
302.3 | 534.2 | 525.4 | 428.5 | 398.1 |
|
- Accumulated retained earning at the end of the previous period
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
- Undistributed earnings in this period
|
302.3 | 534.2 | 525.4 | 428.5 | 398.1 |
|
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)
|
8,136.1 | 8,308.9 | 7,751.7 | 6,716.5 | 5,273.9 |
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
|
Profit Before Tax
|
413.2 | 630.2 | 618.2 | 608.8 | 501.6 |
|
Depreciation of Fixed Assets and Investment Property
|
106.9 | 98.9 | 95.1 | 97.3 | 97.0 |
|
Provision (Increase)/Reversal
|
2.0 | -22.9 | -7.6 | 10.4 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
4.2 | -8.7 | 1.9 | -0.7 | 0.0 |
|
Gain/Loss from Investment Activities
|
-1.7 | -1.5 | -6.7 | -10.9 | 0.0 |
|
Interest Expense
|
104.8 | 83.7 | 107.8 | 68.4 | 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
|
629.4 | 779.6 | 808.7 | 773.4 | 733.7 |
|
Increase/(Decrease) in Receivables
|
1,264.6 | 784.6 | -703.8 | -1,209.6 | 0.0 |
|
Increase/(Decrease) in Inventory
|
-459.4 | -505.3 | -305.4 | -268.9 | 0.0 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
191.3 | -375.6 | -200.0 | 139.2 | 0.0 |
|
Increase/(Decrease) in Prepaid Expenses
|
1.7 | -0.7 | -1.4 | -1.5 | 0.0 |
|
Changes in Trading Securities
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-106.3 | -75.7 | -107.2 | -68.3 | 0.0 |
|
Corporate Income Tax Paid
|
-46.9 | -37.6 | -72.2 | -114.0 | 0.0 |
|
Other Operating Receipts
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Other Operating Payments
|
-6.7 | -23.8 | -8.0 | -180.8 | 0.0 |
|
Net Cash Flow from Operating Activities
|
1,467.7 | 545.6 | -589.2 | -930.6 | -31.5 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-464.8 | -141.3 | -105.8 | -113.2 | -209.4 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
0.6 | 0.3 | 0.1 | 0.1 | 0.0 |
|
Loans and Purchases of Debt Instruments
|
— | 0.0 | 0.0 | -300.0 | 0.0 |
|
Receipts from Loan Repayments and Sale of Debt Instruments
|
— | 0.0 | 0.0 | 300.0 | 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
|
1.1 | 1.1 | 6.8 | 12.6 | 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
|
-463.1 | -139.8 | -98.9 | -100.5 | -207.6 |
|
Proceeds from Equity Issuance and Capital Contributions
|
— | 0.0 | 6.0 | 1,011.3 | 0.0 |
|
Share Repurchases
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
4,040.4 | 4,561.3 | 4,198.6 | 4,057.0 | 3,144.4 |
|
Repayment of Borrowings
|
-4,650.4 | -4,114.7 | -3,393.4 | -4,046.2 | -2,904.3 |
|
Repayment of Finance Leases
|
— | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
-112.1 | -82.5 | -116.2 | -144.9 | -30.2 |
|
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
|
-722.2 | 364.1 | 694.9 | 877.2 | 209.9 |
|
Net Cash Flow During the Period
|
282.5 | 769.9 | 6.8 | -153.9 | 126.6 |
|
Cash and Cash Equivalents at Beginning of Period
|
1,573.0 | 802.4 | 796.0 | 950.1 | 979.4 |
|
FX Difference from Revaluation
|
-4.2 | 0.6 | -0.3 | -0.3 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
1,851.2 | 1,573.0 | 802.4 | 796.0 | 950.1 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Revenue
|
2,325.7 | 1,373.4 | 1,201.2 | 1,540.9 | 2,101.1 | 1,345.8 | 2,129.6 | 2,837.5 | 3,383.8 | 1,282.0 | 1,526.8 | 2,137.6 |
|
Revenue Deductions
|
48.2 | 8.8 | 11.6 | 13.0 | 23.5 | 16.9 | 10.2 | 6.7 | 9.1 | 0.8 | 1.9 | 2.2 |
|
Net Revenue
|
2,277.5 | 1,364.6 | 1,189.6 | 1,527.9 | 2,077.5 | 1,328.9 | 2,119.4 | 2,830.9 | 3,374.8 | 1,281.2 | 1,525.0 | 2,135.4 |
|
Cost of Goods Sold
|
1,805.0 | 991.3 | 931.8 | 1,199.6 | 1,560.2 | 944.5 | 1,682.1 | 2,259.7 | 2,697.2 | 966.5 | 1,099.6 | 1,547.8 |
|
Gross Profit
|
472.6 | 373.3 | 257.7 | 328.2 | 517.3 | 384.4 | 437.3 | 571.2 | 677.6 | 314.6 | 425.4 | 587.7 |
|
Financial Income
|
1.4 | 9.5 | 8.2 | 2.5 | 12.5 | 2.3 | 6.1 | 4.7 | 4.0 | 3.3 | 1.9 | 3.4 |
|
Financial Expenses
|
34.8 | 27.3 | 27.1 | 24.4 | 33.8 | 40.6 | 20.0 | 20.1 | 29.3 | 24.2 | 31.2 | 31.5 |
|
Interest Expense
|
26.6 | 27.2 | 26.8 | 24.3 | 23.4 | 20.8 | 17.8 | 19.8 | 26.0 | 23.3 | 30.1 | 28.5 |
|
Share of Associates and Joint Ventures
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Selling Expenses
|
276.0 | 235.8 | 129.4 | 170.3 | 262.4 | 242.2 | 236.3 | 326.7 | 400.4 | 161.9 | 227.9 | 335.8 |
|
General and Administrative Expenses
|
36.2 | 28.0 | 28.5 | 22.9 | 36.9 | 17.4 | 43.6 | 21.3 | 44.7 | 29.5 | 52.6 | 32.2 |
|
Operating Profit
|
127.0 | 91.7 | 80.9 | 113.1 | 196.7 | 86.6 | 143.5 | 207.7 | 207.2 | 102.4 | 115.6 | 191.5 |
|
Other Income
|
— | 0.5 | 0.1 | 0.0 | 0.4 | 0.0 | 0.2 | 0.0 | 0.0 | 0.2 | 0.8 | 0.8 |
|
Other Expenses
|
0.0 | — | — | — | 0.4 | 4.5 | 0.0 | 0.0 | 0.0 | 0.2 | 0.0 | 0.0 |
|
Other Profit
|
-0.0 | 0.5 | 0.1 | 0.0 | -0.0 | -4.5 | 0.2 | 0.0 | 0.0 | 0.0 | 0.8 | 0.8 |
|
Profit Before Tax
|
127.0 | 92.1 | 81.0 | 113.1 | 196.7 | 82.1 | 143.6 | 207.7 | 207.2 | 102.4 | 116.3 | 192.3 |
|
Current Income Tax Expense
|
17.4 | 11.3 | 11.2 | 12.2 | 14.0 | 5.5 | 6.3 | 13.1 | 12.7 | 5.5 | 5.9 | 9.8 |
|
Deferred Income Tax Expense
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Net Income
|
109.6 | 80.8 | 69.8 | 100.9 | 182.7 | 76.6 | 137.3 | 194.7 | 194.5 | 96.9 | 110.4 | 182.5 |
|
Non-controlling Interest
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Profit Attributable to Parent
|
109.6 | 80.8 | 69.8 | 100.9 | 182.7 | 76.6 | 137.3 | 194.7 | 194.5 | 96.9 | 110.4 | 182.5 |
|
Earnings per Share
|
4,654.00 | 3,433.00 | 2,965.00 | 4,284.00 | 7,761.00 | 3,254.00 | 5,830.00 | 8,267.00 | 8,261.00 | 4,115.00 | 4,687.00 | 7,952.00 |
|
Diluted EPS
|
4,653.52 | 3,433.32 | 2,965.29 | 4,284.37 | 7,760.70 | 3,253.60 | 5,829.53 | 8,266.80 | 8,260.82 | 4,114.54 | 4,687.46 | 7,952.36 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
A. SHORT-TERM ASSETS (100=110+120+130+140+150)
|
7,376.3 | 7,314.2 | 7,346.3 | 7,621.8 | 7,814.7 | 8,197.8 | 7,963.0 | 8,372.5 | 7,342.8 | 7,134.0 | 7,028.9 | 7,378.6 |
|
I. Cash and cash equivalents
|
1,851.2 | 1,665.4 | 1,596.2 | 1,644.5 | 1,573.0 | 1,268.0 | 1,140.8 | 1,268.7 | 802.4 | 920.2 | 828.0 | 1,042.3 |
|
1. Cash
|
1,851.2 | 1,665.4 | 1,596.2 | 1,644.5 | 1,573.0 | 1,268.0 | 1,140.8 | 1,268.7 | 802.4 | 920.2 | 828.0 | 1,042.3 |
|
2. Cash equivalents
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
II. Short-term financial investments
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
III. Short-term receivables
|
3,089.8 | 3,253.8 | 3,313.7 | 3,730.3 | 4,336.5 | 5,091.6 | 5,420.7 | 5,640.9 | 5,252.3 | 4,755.0 | 5,173.7 | 5,221.6 |
|
1. Short-term trade accounts receivable
|
2,882.7 | 3,184.8 | 3,239.8 | 3,539.3 | 4,295.9 | 4,956.7 | 5,238.4 | 5,481.3 | 5,049.5 | 4,561.3 | 5,044.3 | 5,114.0 |
|
2. Short-term prepayments to suppliers
|
88.5 | 23.5 | 1.2 | 104.7 | 59.8 | 86.5 | 197.9 | 203.1 | 249.4 | 233.3 | 167.7 | 170.2 |
|
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
|
240.0 | 166.4 | 198.4 | 214.3 | 117.6 | 185.3 | 131.7 | 110.5 | 113.3 | 120.6 | 126.9 | 94.8 |
|
7. Provision for short-term doubtful debts (*)
|
-121.4 | -120.9 | -125.7 | -128.0 | -136.9 | -136.9 | -147.3 | -154.0 | -159.8 | -160.3 | -165.2 | -157.5 |
|
8. Assets awaiting resolution
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
|
IV. Inventories
|
2,231.9 | 2,202.9 | 2,243.3 | 2,090.4 | 1,772.5 | 1,740.8 | 1,323.6 | 1,428.4 | 1,267.3 | 1,451.5 | 1,023.3 | 1,110.0 |
|
1. Inventories
|
2,231.9 | 2,202.9 | 2,243.3 | 2,090.4 | 1,772.5 | 1,740.8 | 1,323.6 | 1,428.4 | 1,267.3 | 1,451.5 | 1,023.3 | 1,110.0 |
|
2. Provision for decline in value of inventories
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
V. Other short-term assets
|
203.5 | 192.1 | 193.1 | 156.5 | 132.7 | 97.5 | 77.9 | 34.6 | 20.7 | 7.3 | 3.9 | 4.8 |
|
1. Short-term prepayments
|
2.5 | 3.3 | 4.8 | 1.6 | 4.3 | 5.1 | 6.4 | 3.0 | 2.7 | 2.6 | 2.5 | 2.4 |
|
2. Value added tax to be reclaimed
|
196.8 | 185.1 | 173.6 | 151.7 | 125.2 | 89.4 | 68.8 | 26.9 | 17.2 | 3.7 | 0.5 | 0.4 |
|
3. Taxes and other receivables from state authorities
|
4.1 | 3.8 | 14.8 | 3.3 | 3.2 | 3.0 | 2.7 | 4.7 | 0.9 | 0.9 | 0.9 | 1.9 |
|
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)
|
703.5 | 610.5 | 546.8 | 467.6 | 466.8 | 460.5 | 466.6 | 467.3 | 440.8 | 440.4 | 432.0 | 418.7 |
|
I. Long-term receivables
|
2.3 | 2.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.4 | 1.3 | 1.3 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term receivables
|
2.3 | 2.3 | 1.3 | 1.3 | 1.4 | 1.4 | 1.3 | 1.3 | 1.3 | 1.4 | 1.3 | 1.3 |
|
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
|
369.6 | 373.3 | 351.6 | 311.8 | 315.7 | 318.3 | 335.6 | 336.3 | 309.7 | 310.8 | 302.9 | 290.9 |
|
1. Tangible fixed assets
|
282.3 | 290.7 | 268.2 | 230.2 | 231.9 | 233.1 | 248.0 | 248.7 | 223.6 | 224.1 | 232.0 | 217.2 |
|
- Cost
|
— | — | — | — | 1,120.8 | 1,103.8 | 1,097.0 | 1,075.8 | 1,029.8 | 1,009.7 | 1,005.9 | 970.5 |
|
- Accumulated depreciation
|
— | — | — | — | -888.9 | -870.7 | -849.0 | -827.1 | -806.2 | -785.6 | -774.0 | -753.3 |
|
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
|
87.4 | 82.6 | 83.4 | 81.5 | 83.8 | 85.2 | 87.5 | 87.5 | 86.0 | 86.6 | 70.9 | 73.7 |
|
- 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 |
|
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
|
327.3 | 229.9 | 189.1 | 150.3 | 145.6 | 136.5 | 124.8 | 124.7 | 124.8 | 124.5 | 123.8 | 123.2 |
|
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
|
327.3 | 229.9 | 189.1 | 150.3 | 145.6 | 136.5 | 124.8 | 124.7 | 124.8 | 124.5 | 123.8 | 123.2 |
|
V. Long-term financial investments
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
1. Investments in subsidiaries
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Investments in associates, joint-ventures
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
3. Investments in other entities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Other long-term investments
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
VI. Other long-term assets
|
4.2 | 4.9 | 4.8 | 4.1 | 4.1 | 4.3 | 4.9 | 5.1 | 5.0 | 3.7 | 4.0 | 3.3 |
|
1. Long-term prepayments
|
4.2 | 4.9 | 4.8 | 4.1 | 4.1 | 4.3 | 4.9 | 5.1 | 5.0 | 3.7 | 4.0 | 3.3 |
|
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 | 0.0 | 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 | 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)
|
8,079.8 | 7,924.7 | 7,893.1 | 8,089.3 | 8,281.5 | 8,658.3 | 8,429.5 | 8,839.9 | 7,783.6 | 7,574.4 | 7,460.9 | 7,797.3 |
|
A. LIABILITIES (300=210+330)
|
4,681.1 | 4,635.6 | 4,626.0 | 4,684.9 | 4,979.7 | 5,539.3 | 5,328.2 | 5,670.9 | 4,809.3 | 4,794.6 | 4,719.2 | 4,993.1 |
|
I. Short -term liabilities
|
4,680.3 | 4,634.8 | 4,625.2 | 4,684.0 | 4,978.9 | 5,538.5 | 5,327.4 | 5,670.1 | 4,808.5 | 4,793.8 | 4,718.3 | 4,992.3 |
|
1. Short-term trade accounts payable
|
754.5 | 418.0 | 483.7 | 568.3 | 671.4 | 1,026.6 | 899.7 | 1,586.7 | 931.1 | 1,001.6 | 1,003.4 | 1,546.0 |
|
2. Short-term advances from customers
|
51.2 | 46.0 | 33.3 | 36.9 | 37.2 | 27.0 | 31.0 | 36.3 | 19.3 | 19.8 | 19.9 | 16.1 |
|
3. Taxes and other payables to state authorities
|
21.5 | 21.9 | 20.8 | 13.5 | 25.9 | 10.8 | 12.9 | 19.0 | 27.8 | 12.4 | 52.7 | 67.6 |
|
4. Payable to employees
|
67.9 | 86.7 | 69.9 | 62.8 | 127.0 | 57.7 | 52.8 | 42.6 | 56.7 | 50.9 | 54.5 | 46.2 |
|
5. Short-term acrrued expenses
|
242.8 | 139.9 | 72.1 | 46.5 | 119.6 | 223.6 | 264.9 | 210.6 | 335.4 | 223.1 | 315.8 | 220.3 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
9. Other short-term payables
|
115.2 | 160.4 | 67.8 | 101.0 | 102.2 | 95.0 | 51.3 | 55.8 | 103.2 | 85.5 | 50.9 | 50.7 |
|
10. Short-term borrowings and financial leases
|
2,939.3 | 3,273.0 | 3,387.0 | 3,511.4 | 3,549.4 | 3,749.8 | 3,641.0 | 3,489.8 | 3,102.8 | 3,167.6 | 2,987.8 | 2,926.9 |
|
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
|
487.9 | 488.9 | 490.6 | 343.6 | 346.3 | 347.9 | 373.9 | 229.3 | 232.2 | 233.0 | 233.2 | 118.6 |
|
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
|
0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
|
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
|
— | — | — | — | 0.0 | 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 | 0.0 |
|
8. Long-term borrowings and financial leases
|
0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 |
|
9. Convertible bonds
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
10. Preferred stock (Debts)
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
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)
|
3,398.7 | 3,289.1 | 3,267.1 | 3,404.4 | 3,301.8 | 3,119.0 | 3,101.3 | 3,168.9 | 2,974.3 | 2,779.8 | 2,741.7 | 2,804.2 |
|
I. Owner's equity
|
3,398.7 | 3,289.1 | 3,267.1 | 3,404.4 | 3,301.8 | 3,119.0 | 3,101.3 | 3,168.9 | 2,974.3 | 2,779.8 | 2,741.7 | 2,804.2 |
|
1. Owner's capital
|
235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 229.5 |
|
- Common stock with voting right
|
235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 235.5 | 229.5 |
|
- Preferred stock
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
2. Share premium
|
1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 | 1,077.6 |
|
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
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
6. Assets revaluation differences
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
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
|
1,063.1 | 1,063.1 | 1,063.1 | 866.5 | 866.5 | 866.5 | 866.5 | 674.6 | 674.6 | 674.6 | 674.6 | 531.9 |
|
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
|
720.2 | 720.2 | 720.2 | 589.7 | 589.7 | 589.7 | 589.7 | 461.2 | 461.2 | 461.2 | 461.2 | 354.3 |
|
11. Undistributed earnings after tax
|
302.3 | 192.7 | 170.7 | 635.1 | 532.4 | 349.7 | 331.9 | 720.1 | 525.4 | 330.9 | 292.9 | 610.9 |
|
- Accumulated retained earning at the end of the previous period
|
— | — | — | 534.2 | 0.0 | 0.0 | 0.0 | 525.4 | 0.0 | 0.0 | 0.0 | 428.5 |
|
- Undistributed earnings in this period
|
302.3 | 192.7 | 170.7 | 100.9 | 532.4 | 349.7 | 331.9 | 194.7 | 525.4 | 330.9 | 292.9 | 182.5 |
|
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 | 0.0 |
|
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)
|
8,079.8 | 7,924.7 | 7,893.1 | 8,089.3 | 8,281.5 | 8,658.3 | 8,429.5 | 8,839.9 | 7,783.6 | 7,574.4 | 7,460.9 | 7,797.3 |
| Item | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Profit Before Tax
|
127.0 | 92.1 | 81.0 | 113.1 | 196.7 | 82.1 | 143.6 | 207.7 | 207.2 | 102.4 | 116.3 | 192.3 |
|
Depreciation of Fixed Assets and Investment Property
|
27.4 | 27.7 | 31.2 | 20.6 | 21.8 | 28.4 | 25.1 | 23.6 | 23.4 | 22.8 | 23.8 | 25.1 |
|
Provision (Increase)/Reversal
|
18.0 | -4.8 | -2.3 | -8.9 | -0.0 | -10.4 | -4.9 | -7.6 | -0.5 | -5.0 | -2.2 | 0.0 |
|
FX Gain/Loss from Revaluation of Monetary Items
|
11.4 | -2.3 | -4.0 | -0.9 | -8.7 | 11.0 | -0.5 | -2.7 | 3.3 | -0.9 | -2.7 | 2.2 |
|
Gain/Loss from Investment Activities
|
-0.9 | -0.2 | -0.4 | -0.3 | -0.3 | -0.2 | -0.3 | -0.4 | -2.1 | -2.5 | -0.4 | -1.6 |
|
Interest Expense
|
26.6 | 27.2 | 26.8 | 24.3 | 23.4 | 20.8 | 17.8 | 19.8 | 26.0 | 23.3 | 30.1 | 28.5 |
|
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
|
209.5 | 139.7 | 132.3 | 147.9 | 232.9 | 131.7 | 180.8 | 240.5 | 257.3 | 140.1 | 164.8 | 246.5 |
|
Increase/(Decrease) in Receivables
|
1,619.6 | -1,310.8 | 339.8 | 616.0 | 719.0 | 329.7 | 175.9 | -428.2 | -478.4 | 444.8 | 16.7 | -687.0 |
|
Increase/(Decrease) in Inventory
|
-29.0 | 40.4 | -152.8 | -317.9 | -31.7 | -417.1 | 104.7 | -161.1 | 184.3 | -428.2 | 86.6 | -148.1 |
|
Increase/(Decrease) in Payables (Excl. Interest and CIT)
|
-997.9 | 1,430.7 | 38.3 | -279.8 | -352.4 | 119.2 | -609.4 | 508.9 | 42.5 | -123.1 | -347.6 | 228.2 |
|
Increase/(Decrease) in Prepaid Expenses
|
1.6 | 1.3 | -3.9 | 2.7 | 1.1 | 1.8 | -3.2 | -0.4 | -1.3 | 0.1 | -0.8 | 0.5 |
|
Changes in Trading Securities
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Interest Paid
|
-27.5 | -27.0 | -27.6 | -24.2 | -33.5 | -43.5 | -19.5 | -18.5 | -22.8 | -29.1 | -24.6 | -30.6 |
|
Corporate Income Tax Paid
|
-17.7 | -11.8 | -5.2 | -12.2 | -9.1 | -2.7 | -13.1 | -12.7 | -0.8 | -16.3 | -4.2 | -50.9 |
|
Other Operating Receipts
|
— | — | — | — | 0.8 | 0.5 | -0.2 | 0.2 | -0.0 | 0.0 | -0.0 | 0.0 |
|
Other Operating Payments
|
9.6 | -12.3 | 0.0 | -4.0 | -1.8 | -40.1 | -1.5 | -2.8 | -6.0 | 4.9 | -6.8 | -0.1 |
|
Net Cash Flow from Operating Activities
|
756.5 | 260.9 | 321.7 | 128.7 | 525.2 | 79.5 | -185.5 | 125.9 | -25.2 | -6.7 | -115.8 | -441.4 |
|
Payments for Fixed Assets and Other Long-term Assets
|
-238.7 | 6.3 | -210.7 | -21.7 | -32.5 | -14.8 | -30.6 | -51.4 | -2.8 | -51.4 | -39.9 | -11.6 |
|
Proceeds from Disposal of Fixed Assets and Long-term Assets
|
0.0 | 0.5 | 0.1 | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 |
|
Loans and Purchases of Debt Instruments
|
— | — | — | — | 0.3 | 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 | 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
|
0.3 | 0.3 | -1.9 | 2.5 | 12.5 | 12.5 | -4.0 | 4.7 | 2.2 | 2.5 | -1.3 | 3.4 |
|
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
|
-238.4 | 7.0 | -212.5 | -19.2 | -19.8 | -2.3 | -34.6 | -46.7 | -0.5 | -48.8 | -41.3 | -8.3 |
|
Proceeds from Equity Issuance and Capital Contributions
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 6.0 | -6.0 | 6.0 | 0.0 |
|
Share Repurchases
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Proceeds from Borrowings
|
1,081.5 | 899.7 | 1,132.0 | 927.1 | 1,224.5 | 954.1 | 1,165.3 | 1,217.4 | 1,203.5 | 950.9 | 935.6 | 1,108.6 |
|
Repayment of Borrowings
|
-1,415.2 | -1,037.5 | -1,232.6 | -965.1 | -1,424.9 | -845.2 | -1,014.2 | -830.4 | -1,301.2 | -738.3 | -941.4 | -412.6 |
|
Repayment of Finance Leases
|
— | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
|
Dividends Paid
|
5.6 | -59.0 | -58.7 | — | 0.0 | -58.9 | -58.9 | 0.0 | 0.0 | -58.9 | -57.4 | 0.0 |
|
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
|
-328.1 | -196.8 | -159.3 | -38.0 | -200.4 | 50.0 | 92.3 | 387.1 | -91.7 | 147.8 | -57.2 | 696.0 |
|
Net Cash Flow During the Period
|
190.0 | 71.1 | -50.1 | 71.5 | 304.9 | 127.2 | -127.8 | 466.3 | -117.5 | 92.2 | -214.3 | 246.3 |
|
Cash and Cash Equivalents at Beginning of Period
|
1,665.4 | 1,596.2 | 1,644.5 | 1,573.0 | 802.4 | 802.4 | 802.4 | 802.4 | 796.0 | 796.0 | 796.0 | 796.0 |
|
FX Difference from Revaluation
|
-4.2 | — | 1.9 | — | 0.0 | 0.1 | -0.1 | 0.0 | -0.3 | -0.0 | 0.0 | 0.0 |
|
Cash and Cash Equivalents at End of Period
|
1,851.2 | 1,665.4 | 1,596.2 | 1,644.5 | 1,573.0 | 1,268.0 | 1,140.8 | 1,268.7 | 802.4 | 920.2 | 828.0 | 1,042.3 |
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