TMC

Thương mại Xuất nhập khẩu Thủ Đức ·HNX ·2026Q1

▼ Under pressure

Self-funded cash generation remains weak CFO/NPAT −28 bn, −125 bn YoY

Price

7,800

Latest close

01 Jun 2026

P/E 8.90x

P/B 0.49x

EPS 876

BVPS 15,894

ROE 5.6%

ROA 2.5%

Profit Margin 0.4%

Asset Turnover 6.25x

Equity Mult. 2.20x

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

What Is Changing

On a TTM 2026Q1 basis, TMC posted slightly higher revenue but margins narrowed — the two forces offset each other, leaving the overall picture largely unchanged. More notably, profit is significantly supported by non-core sources and operating cash flow is not yet positive — the earnings quality picture needs close monitoring.

	                            
	                                TTM REVENUE
	                            
	                                    VND 2,680bn
	                                
+11.6%YoY

	                            
	                                TTM NET PROFIT
	                            
	                                    VND 11bn
	                                
+8.8%YoY

	                            
	                                Net financial result / PBT
	                            
	                                    33.9%
	                                
affects earnings quality

Metric	2025	2024	2023	2022	2021
Revenue	2,459.1	2,489.0	2,539.7	3,073.8	1,568.2
Growth	-1%	-2%	-17%	+96%	—
Net Income	9.5	10.0	11.9	4.5	13.8
Net Margin	0.39%	0.40%	0.47%	0.15%	0.88%

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	768.7	725.2	625.5	560.7	547.8	609.8	600.6	643.5	635.1	665.0	663.9	606.5
Growth	+6%	+16%	+12%	+2%	-10%	+2%	-7%	+1%	-4%	+0%	+9%	—
Net Income	3.0	2.8	2.9	2.1	2.0	2.9	2.7	2.3	2.0	3.4	6.2	1.2
Net Margin	0.40%	0.39%	0.46%	0.37%	0.36%	0.48%	0.45%	0.36%	0.32%	0.52%	0.94%	0.21%

Drivers of TMC's profit

TTM

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

Gross profit ↑ 25.7bn

Finance costs ↓ 1.0bn

Financial income ↑ 0.7bn

Other profit ↑ 0.6bn

Selling expenses ↑ 15.6bn

Administrative expenses ↑ 11.1bn

TTM

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

Gross profit ↑ 15.2bn

Other profit ↑ 0.2bn

Administrative expenses ↑ 8.6bn

Selling expenses ↑ 5.6bn

Tax ↑ 0.2bn

Financial Highlights

Detailed analysis of each financial dimension

ROE = Profit Margin × Asset Turnover × Equity Multiplier

2025Q1 5.2% = 0.4% × 6.33 × 1.97

2026Q1 5.6% = 0.4% × 6.25 × 2.20

ROE is broadly flat at 5.6% — the components are offsetting one another.

Net margin: 0.4% -0.0pp Asset turnover: 6.25x -0.08x Leverage: 2.20x +0.23x

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 stands at 0.41%, broadly flat versus the same period. Supportive factors and pressure points are offsetting one another.

Margin is nearly flat but the underlying components are moving — this is a transitional phase, more time is needed to see the real trend.

Profitability trend

Net Margin 0.41% −0.0pp

Gross Margin 6.24% +0.3pp

SG&A / Revenue 5.94% +0.4pp

Non-core / Revenue 0.23% +0.1pp

TTM YoY · 2025Q1 -> 2026Q1

Watchpoints

Financial result is supporting margin

Margin support from financial result remains high (43.4% of PBT) — sustainability should be monitored.

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 0.37% −0.0pp

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 0.96x equity, with a net cash position equivalent to 0.36x equity.

Over the last 12 months, working capital absorbed 20.1bn of cash, mainly because of higher receivables and higher inventories. Part of that drag was offset by higher payables.

Working Capital Drivers

Receivables increased → lower CFO: −31.3bn

Inventories increased → lower CFO: −87.6bn

Payables increased → higher CFO: +98.7bn

Working Capital Efficiency

Working capital is being managed more efficiently, supporting overall capital efficiency. Cash conversion cycle improved by 2.1 days versus the same period last year. The main moves came from DIO fell 0.2 days, DSO fell 0.3 days, and DPO rose 1.6 days.

All 3 drivers (collection, inventory, payables) are improving — working capital turnover is strengthening across the board.

Working Capital Efficiency

Receivables 8.4 days −0.3 days

Inventory 10.2 days −0.2 days

Payables 21.5 days +1.6 days

Cash Conversion Cycle -2.9 days −2.1 days

Is financial risk significant?

Financial risk is low — the company has net cash and CFO reached 49.4bn.

Leverage & Liquidity

Leverage looks fairly comfortable, with net debt / equity at -0.36x and interest coverage at 23.77x.

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 -0.36x —

Interest Coverage 23.77x +15.92x

Cash / Debt — —

Short-term Debt / Total Debt — —

CFO / NI -0.54x −10.69x

TTM YoY · 2025Q1 -> 2026Q1

Cash Flow

With safe leverage noted above, cash flow below shows the self-funding capacity. Operating cash flow reached 49.4bn in 2025, against investing cash flow of -20.8bn.

Post-investment cash flow was positive +28.6bn. Financing cash flow was negative +6.2bn.

CFO / net income was -0.54x.

After spending +22.6bn on fixed-asset investment, the business generated trailing free cash flow of −28.5bn.

Cash Conversion

CFO TTM 5.9bn −107.1bn

Cash Capex 22.6bn +18.1bn

FCF TTM −28.5bn −125.3bn

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 self-funded cash generation remains weak remaining the main constraint. The next watchpoint is the earnings mix, when non-core contribution is 33.9%. The main offsetting support comes from balance-sheet flexibility, with net cash/equity at about -0.36x.

Improvement: the balance sheet remains flexible, with a net cash position equivalent to 0.36x of equity.

Watchpoint: the earnings mix still needs monitoring, with net financial result still accounting for 33.9% of PBT and CFO / net income currently at -0.54x.

Key risk: self-funded cash generation remains weak, with trailing-12M FCF still at 28.5bn.

Statement Data

Item	2025	2024	2023	2022	2021
Revenue	2,459.7	2,489.3	2,540.1	3,074.2	1,568.5
Revenue Deductions	0.6	0.3	0.4	0.4	0.0
Net Revenue	2,459.1	2,489.0	2,539.7	3,073.8	1,568.2
Cost of Goods Sold	2,307.2	2,348.1	2,408.1	2,953.5	0.0
Gross Profit	151.9	140.9	131.6	120.3	119.8
Financial Income	5.2	4.3	3.1	2.9	3.3
Financial Expenses	0.6	1.5	0.1	0.1	-0.1
Interest Expense	—	0.0	0.0	0.0	-0.1
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	94.0	82.2	75.1	74.3	-60.4
General and Administrative Expenses	50.7	49.3	49.6	43.1	-45.5
Operating Profit	11.9	12.2	10.0	5.7	17.0
Other Income	1.8	0.9	6.0	0.2	0.0
Other Expenses	0.7	0.3	0.6	0.3	0.0
Other Profit	1.2	0.6	5.4	-0.1	0.3
Profit Before Tax	13.1	12.8	15.3	5.6	17.3
Current Income Tax Expense	3.5	2.7	3.5	1.2	-3.5
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	9.5	10.0	11.9	4.5	13.8
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	9.5	10.0	11.9	4.5	13.8
Earnings per Share	770.00	808.00	959.00	360.00	390.00
Diluted EPS	769.72	808.41	958.71	359.58	1,116.37

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	180.9	173.0	171.0	215.3	148.4
I. Cash and cash equivalents	69.9	47.5	34.2	52.3	18.5
1. Cash	49.9	17.5	34.2	52.3	0.0
2. Cash equivalents	20.0	30.0	0.0	0.0	0.0
II. Short-term financial investments	0.7	0.7	0.7	0.8	0.0
1. Available for sale securities	0.9	0.9	0.9	0.9	0.0
2. Provision for diminution in value of available for sale securities (*)	-0.1	-0.1	-0.1	-0.1	0.0
3. Held to maturity investments	—	0.0	0.0	0.0	0.0
III. Short-term receivables	82.1	77.8	69.2	74.3	47.3
1. Short-term trade accounts receivable	60.9	49.2	44.7	54.1	0.0
2. Short-term prepayments to suppliers	0.6	0.5	0.9	1.7	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	23.3	27.3	21.3	18.5	0.0
7. Provision for short-term doubtful debts (*)	-5.2	-1.7	-0.2	0.0	0.0
8. Assets awaiting resolution	2.5	2.5	2.5	0.0	0.0
IV. Inventories	23.7	46.5	65.8	82.0	80.7
1. Inventories	24.5	46.5	65.8	82.0	0.0
2. Provision for decline in value of inventories	-0.8	0.0	0.0	0.0	0.0
V. Other short-term assets	4.4	0.5	1.0	5.9	0.7
1. Short-term prepayments	0.6	0.5	0.9	1.5	0.0
2. Value added tax to be reclaimed	0.8	0.0	0.0	3.4	0.0
3. Taxes and other receivables from state authorities	2.9	0.0	0.0	1.1	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)	199.5	164.2	172.1	175.4	183.2
I. Long-term receivables	10.7	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	10.7	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	117.7	116.1	120.1	128.3	154.3
1. Tangible fixed assets	43.4	40.0	42.1	48.4	47.9
- Cost	159.3	150.6	149.1	149.1	0.0
- Accumulated depreciation	-115.8	-110.6	-106.9	-100.6	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	74.3	76.2	78.0	79.9	106.5
- Cost	102.4	102.4	102.4	102.4	0.0
- Accumulated depreciation	-28.1	-26.2	-24.3	-22.5	0.0
III. Investment properties	4.5	5.0	5.5	6.0	6.5
- Cost	12.2	12.2	12.2	12.2	0.0
- Accumulated depreciation	-7.7	-7.2	-6.7	-6.2	0.0
IV. Long-term assets in progress	18.8	0.0	0.0	0.0	15.6
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	18.8	0.0	0.0	0.0	0.0
V. Long-term financial investments	4.3	4.8	6.3	6.3	6.2
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	8.9	8.9	8.9	8.9	0.0
4. Provision for diminution in value of long-term investments	-4.7	-4.1	-2.6	-2.7	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	43.4	38.2	40.1	34.8	0.0
1. Long-term prepayments	43.1	37.9	39.7	34.4	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	0.3	0.3	0.4	0.4	0.6
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)	380.4	337.2	343.1	390.7	331.7
A. LIABILITIES (300=210+330)	186.3	143.3	148.8	203.7	134.4
I. Short -term liabilities	175.3	129.3	131.7	178.8	106.6
1. Short-term trade accounts payable	115.1	84.3	86.7	133.5	65.1
2. Short-term advances from customers	0.5	0.5	0.6	0.3	2.5
3. Taxes and other payables to state authorities	2.2	1.8	2.5	0.2	0.0
4. Payable to employees	19.9	15.4	18.1	22.5	0.0
5. Short-term acrrued expenses	0.2	1.0	0.0	0.0	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	—	0.0	0.0	0.0	0.0
9. Other short-term payables	36.9	25.2	23.9	22.6	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	0.5	1.1	0.0	-0.2	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	11.0	14.0	17.1	24.8	27.9
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	11.0	14.0	17.0	20.0	23.0
7. Other long-term liabilities	—	0.0	0.1	0.1	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	4.8	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)	194.0	193.9	194.2	187.0	197.2
I. Owner's equity	194.0	193.9	194.2	187.0	0.0
1. Owner's capital	124.0	124.0	124.0	124.0	197.2
- Common stock with voting right	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	27.5	27.5	27.5	27.5	27.5
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	32.0	31.2	30.9	30.9	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	11.3	11.9	4.7	15.3
- Accumulated retained earning at the end of the previous period	1.1	1.3	0.0	0.2	1.5
- Undistributed earnings in this period	9.5	10.0	11.9	4.5	13.8
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)	380.4	337.2	343.1	390.7	331.7

Item	2025	2024	2023	2022	2021
Profit Before Tax	13.1	12.8	15.3	5.6	17.3
Depreciation of Fixed Assets and Investment Property	8.5	8.8	8.7	9.4	8.4
Provision (Increase)/Reversal	4.8	3.0	-4.5	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-2.0	-1.1	-0.1	-0.2	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	24.4	23.5	19.4	14.9	25.5
Increase/(Decrease) in Receivables	-22.3	-10.0	9.2	-38.9	0.0
Increase/(Decrease) in Inventory	22.0	19.3	16.2	-1.2	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	37.4	-6.6	-52.3	72.5	0.0
Increase/(Decrease) in Prepaid Expenses	-5.4	2.3	-4.8	0.7	0.0
Changes in Trading Securities	—	0.0	0.0	0.3	0.0
Interest Paid	—	0.0	0.0	-0.0	0.0
Corporate Income Tax Paid	-2.9	-2.9	-1.5	-4.0	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-3.9	-1.8	-0.7	-3.9	0.0
Net Cash Flow from Operating Activities	49.4	23.8	-14.5	40.4	42.2
Payments for Fixed Assets and Other Long-term Assets	-22.8	-4.3	0.0	4.3	-4.2
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.1	0.7	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	1.9	0.5	0.1	0.2	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	-20.8	-3.2	0.1	4.5	-3.9
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	20.0	79.6
Repayment of Borrowings	—	0.0	0.0	-20.0	-100.6
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-6.2	-7.4	-3.7	-11.2	-11.2
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	-6.2	-7.4	-3.7	-11.2	-32.2
Net Cash Flow During the Period	22.4	13.2	-18.1	33.8	13.3
Cash and Cash Equivalents at Beginning of Period	47.5	34.2	52.3	18.5	12.5
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	69.9	47.5	34.2	52.3	18.5

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	768.7	725.2	625.7	560.7	548.1	609.8	600.7	643.5	635.2	665.1	664.0	606.6
Revenue Deductions	0.0	0.0	0.2	0.0	0.4	0.0	0.2	0.0	0.0	0.1	0.1	0.1
Net Revenue	768.7	725.2	625.5	560.7	547.8	609.8	600.6	643.5	635.1	665.0	663.9	606.5
Cost of Goods Sold	719.3	681.5	586.7	525.4	513.5	573.8	563.8	609.1	601.4	634.9	619.1	577.7
Gross Profit	49.5	43.7	38.8	35.2	34.2	36.0	36.7	34.4	33.8	30.1	44.7	28.8
Financial Income	1.1	1.3	1.6	1.3	1.1	1.4	1.3	0.9	0.7	1.1	0.7	0.7
Financial Expenses	-0.0	0.0	0.0	0.5	0.0	0.2	0.0	1.3	-0.0	0.0	0.0	0.0
Interest Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Share of Associates and Joint Ventures	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	26.3	28.0	25.3	20.0	20.6	24.5	19.2	19.6	18.9	16.6	22.1	16.8
General and Administrative Expenses	20.8	13.6	12.1	13.2	12.2	8.8	15.4	12.1	13.0	9.9	16.0	11.0
Operating Profit	3.6	3.4	2.9	2.8	2.5	3.8	3.4	2.3	2.6	4.7	7.2	1.6
Other Income	0.3	0.9	0.8	0.1	0.1	0.1	0.1	0.7	0.0	0.2	0.8	0.0
Other Expenses	0.1	0.4	0.1	0.2	—	0.1	0.1	0.1	0.1	0.2	0.3	0.1
Other Profit	0.2	0.5	0.7	-0.1	0.1	-0.0	-0.0	0.6	-0.0	0.0	0.6	-0.1
Profit Before Tax	3.8	3.9	3.6	2.7	2.5	3.8	3.4	3.0	2.6	4.7	7.8	1.6
Current Income Tax Expense	0.8	1.1	0.7	0.6	0.5	0.9	0.7	0.6	0.5	1.3	1.6	0.3
Deferred Income Tax Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	3.0	2.8	2.9	2.1	2.0	2.9	2.7	2.3	2.0	3.4	6.2	1.2
Non-controlling Interest	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	3.0	2.8	2.9	2.1	2.0	2.9	2.7	2.3	2.0	3.4	6.2	1.2
Earnings per Share	246.00	227.00	234.00	169.00	161.00	236.00	219.00	188.00	165.00	277.00	503.00	101.00
Diluted EPS	246.00	227.00	234.00	169.00	161.00	808.00	219.00	188.00	165.00	277.00	503.00	101.00

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)	287.1	191.2	221.6	221.9	214.7	173.0	215.4	195.1	212.1	171.0	250.6	142.4
I. Cash and cash equivalents	70.2	69.9	76.7	77.9	103.0	47.5	92.9	38.8	12.1	34.2	61.4	35.5
1. Cash	50.2	49.9	66.7	57.9	73.0	17.5	62.9	38.8	12.1	34.2	61.4	35.5
2. Cash equivalents	20.0	20.0	10.0	20.0	30.0	30.0	30.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	0.7	0.7	0.7	0.7	0.7	0.7	0.8	0.8	0.7	0.7	0.8	0.8
1. Available for sale securities	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.9	0.9
2. Provision for diminution in value of available for sale securities (*)	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
3. Held to maturity investments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	94.5	95.4	100.0	85.7	82.9	77.8	87.5	94.7	94.2	69.2	80.9	63.8
1. Short-term trade accounts receivable	71.1	60.9	63.9	53.0	52.0	49.2	52.5	57.6	62.0	44.7	52.7	43.9
2. Short-term prepayments to suppliers	1.0	0.6	0.4	0.5	0.5	0.5	1.5	1.2	1.3	0.9	0.7	0.7
3. Short-term inter-company receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	25.2	34.1	35.2	32.1	29.6	27.3	31.4	33.8	28.7	21.3	25.0	16.6
7. Provision for short-term doubtful debts (*)	-5.2	-2.7	-2.0	-2.4	-1.7	-1.7	-0.3	-0.3	-0.2	-0.2	0.0	0.0
8. Assets awaiting resolution	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5	2.5
IV. Inventories	114.2	23.7	42.8	55.2	26.6	46.5	33.4	59.5	102.5	65.8	103.3	40.6
1. Inventories	114.2	24.5	42.8	55.2	26.6	46.5	33.4	59.5	102.5	65.8	103.3	40.6
2. Provision for decline in value of inventories	—	-0.8	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	7.4	1.5	1.4	2.4	1.4	0.5	0.8	1.3	2.5	1.0	4.2	1.7
1. Short-term prepayments	1.6	0.6	1.4	0.8	1.4	0.5	0.8	0.9	0.8	0.9	1.1	1.2
2. Value added tax to be reclaimed	2.8	0.8	0.0	1.5	—	0.0	0.0	0.4	1.7	0.0	3.1	0.0
3. Taxes and other receivables from state authorities	2.9	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.5
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)	195.1	188.9	167.7	157.5	161.0	164.2	166.0	168.5	171.3	172.1	171.3	173.5
I. Long-term receivables	10.5	—	—	—	—	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	10.5	—	—	—	—	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	115.5	108.6	110.1	112.1	114.1	116.1	116.0	117.1	118.1	120.1	122.2	124.2
1. Tangible fixed assets	41.7	34.3	35.4	36.9	38.4	40.0	39.3	40.0	40.6	42.1	43.7	45.2
- Cost	159.3	—	—	—	—	150.6	149.1	148.2	149.1	149.1	149.1	149.1
- Accumulated depreciation	-117.5	—	—	—	—	-110.6	-109.8	-108.1	-108.5	-106.9	-105.4	-103.8
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	73.8	74.3	74.8	75.2	75.7	76.2	76.6	77.1	77.6	78.0	78.5	79.0
- Cost	102.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-28.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	4.4	4.5	4.7	4.8	4.9	5.0	5.1	5.3	5.4	5.5	5.6	5.8
- Cost	12.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-7.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	18.7	29.6	5.7	0.5	0.2	0.0	0.7	0.7	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	18.7	29.6	5.7	0.5	0.2	0.0	0.7	0.7	0.0	0.0	0.0	0.0
V. Long-term financial investments	4.3	4.3	4.3	4.3	4.8	4.8	5.0	5.0	6.3	6.3	6.3	6.3
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	8.9	8.9	8.9	8.9	8.9	8.9	8.9	8.9	8.9	8.9	8.9	8.9
4. Provision for diminution in value of long-term investments	-4.6	-4.7	-4.7	-4.6	-4.1	-4.1	-3.9	-3.9	-2.6	-2.6	-2.7	-2.7
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	41.6	42.0	42.9	35.8	37.0	38.2	39.2	40.4	41.6	40.1	37.2	37.3
1. Long-term prepayments	41.3	41.7	42.6	35.5	36.7	37.9	38.9	40.1	41.2	39.7	36.8	36.9
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	0.3	0.3	0.3	0.3	0.3	0.3	0.4	0.4	0.4	0.4	0.4	0.4
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)	482.2	380.1	389.3	379.4	375.6	337.2	381.4	363.6	383.4	343.1	421.8	315.9
A. LIABILITIES (300=210+330)	285.1	185.8	197.8	190.8	182.9	143.3	190.4	175.3	190.0	148.8	231.0	131.3
I. Short -term liabilities	274.8	174.8	186.1	178.3	169.6	129.3	175.7	159.7	173.7	131.7	213.2	112.7
1. Short-term trade accounts payable	173.7	115.1	125.9	119.5	122.6	84.3	124.7	112.1	124.2	86.7	157.7	72.1
2. Short-term advances from customers	0.6	0.5	0.6	0.9	0.7	0.5	0.8	0.6	0.4	0.6	0.3	0.1
3. Taxes and other payables to state authorities	1.8	1.6	1.0	1.0	2.0	1.8	1.9	1.0	0.7	2.4	1.4	1.8
4. Payable to employees	17.8	19.9	18.7	13.8	14.9	15.4	20.2	19.9	19.8	18.1	27.0	16.9
5. Short-term acrrued expenses	5.1	0.2	1.7	—	2.4	1.0	4.2	0.0	1.9	0.0	2.0	0.0
6. Short-term inter-company payables	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	0.5	—	0.5	—	0.5	0.0	0.5	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	74.8	36.9	35.4	40.9	23.7	25.2	21.8	24.1	24.1	23.9	24.7	21.3
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	0.4	0.5	2.3	2.3	2.9	1.1	1.7	2.0	2.5	0.0	0.1	0.4
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	10.3	11.0	11.8	12.5	13.3	14.0	14.8	15.6	16.3	17.1	17.8	18.6
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	10.3	11.0	11.8	12.5	13.3	14.0	14.8	15.5	16.3	17.0	17.8	18.5
7. Other long-term liabilities	—	—	—	—	—	0.0	0.0	0.1	0.1	0.1	0.1	0.1
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)	197.1	194.3	191.5	188.6	192.7	193.9	191.0	188.3	193.4	194.3	190.8	184.6
I. Owner's equity	197.1	194.3	191.5	188.6	192.7	193.9	191.0	188.3	193.4	194.3	190.8	184.6
1. Owner's capital	124.0	124.0	124.0	124.0	124.0	124.0	124.0	124.0	124.0	124.0	124.0	124.0
- Common stock with voting right	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00	124,000,000,000.00
- Preferred stock	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	27.5	27.5	27.5	27.5	27.5	27.5	27.5	27.5	27.5	27.5	27.5	27.5
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	32.0	32.0	32.0	32.0	32.0	31.2	31.2	31.2	31.2	30.9	30.9	30.9
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	13.7	10.9	8.1	5.2	9.3	11.3	8.4	5.6	10.7	11.9	8.5	2.2
- Accumulated retained earning at the end of the previous period	10.6	1.1	1.1	1.1	7.3	1.3	1.3	1.3	8.7	0.0	0.0	0.0
- Undistributed earnings in this period	3.0	9.8	7.0	4.1	2.0	10.0	7.1	4.4	2.0	11.9	8.5	2.2
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)	482.2	380.1	389.3	379.4	375.6	337.2	381.4	363.6	383.4	343.1	421.8	315.9

Item	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23	Q2'23
Profit Before Tax	3.8	4.2	3.6	2.7	2.5	3.8	3.4	3.0	2.6	4.7	7.8	1.6
Depreciation of Fixed Assets and Investment Property	2.3	2.2	2.1	2.1	2.2	2.2	2.2	2.2	2.1	2.1	2.1	2.2
Provision (Increase)/Reversal	-0.8	4.0	-0.4	1.2	—	1.6	0.0	1.3	0.0	0.2	0.0	-4.7
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-0.3	-0.4	-0.8	-0.4	-0.4	-0.3	-0.0	-0.8	-0.0	-0.0	-0.0	-0.1
Interest Expense	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	5.1	10.0	4.5	5.6	4.4	7.3	5.7	5.7	4.7	7.1	10.0	-1.1
Increase/(Decrease) in Receivables	-14.1	0.1	-12.4	-5.0	-5.1	8.3	7.6	0.8	-26.6	14.5	-19.7	-5.5
Increase/(Decrease) in Inventory	-89.8	18.3	12.4	-28.6	19.8	-13.0	26.1	43.0	-36.7	37.5	-62.7	15.9
Increase/(Decrease) in Payables (Excl. Interest and CIT)	99.5	-17.6	8.3	8.5	38.1	-47.0	15.5	-14.3	39.2	-81.9	98.5	-12.8
Increase/(Decrease) in Prepaid Expenses	0.8	0.2	-7.6	1.8	0.3	1.3	1.3	1.0	-1.3	-2.7	0.1	-2.1
Changes in Trading Securities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Corporate Income Tax Paid	-1.5	-0.9	-0.6	-0.6	-0.9	-0.7	-0.6	-0.5	-1.0	-1.5	0.0	0.0
Other Operating Receipts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-0.0	-1.8	-0.0	-0.7	-1.4	-0.5	-0.3	-0.5	-0.5	-0.1	-0.3	-0.3
Net Cash Flow from Operating Activities	-0.1	8.5	4.6	-18.9	55.3	-44.3	55.2	35.1	-22.1	-27.2	25.8	-5.8
Payments for Fixed Assets and Other Long-term Assets	0.1	-15.7	-6.6	-0.4	-0.1	-1.4	-1.1	-1.8	0.0	0.0	0.0	0.4
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	0.0	0.1	—	—	0.0	0.0	0.7	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.3	0.4	0.7	0.4	0.4	0.3	0.0	0.1	0.0	0.0	0.0	0.1
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	0.3	-15.4	-5.7	0.1	0.2	-1.1	-1.1	-1.0	0.0	0.0	0.0	0.5
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	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Borrowings	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Repayment of Finance Leases	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	—	0.0	0.0	-6.2	—	0.0	0.0	-7.4	0.0	0.0	0.0	-3.7
Other Financing Receipts	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other Financing Payments	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	—	0.0	0.0	-6.2	—	0.0	0.0	-7.4	0.0	0.0	0.0	-3.7
Net Cash Flow During the Period	0.3	-6.9	-1.1	-25.1	55.5	-45.4	54.1	26.6	-22.1	-27.1	25.8	-9.0
Cash and Cash Equivalents at Beginning of Period	69.9	76.8	77.9	103.0	47.5	34.2	34.2	34.2	34.2	52.3	52.3	52.3
FX Difference from Revaluation	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	70.2	69.9	76.8	77.9	103.0	47.5	92.9	38.8	12.1	34.2	61.4	35.5

Explore Other Stocks In The Same Sector

HHS, DGW, TLP, PSD, BTT, HAM, BIG, PTM, VCM, HTC, HTL, MTS, BMF, HFC, LPT, KMT, PTH, AMP, GPC, VXT, HSV, APL, SHN, KDM, THS, CEN, VTJ, PEG, PMJ, TOP, PTV, DAS, TSC, LMH, ST8, TTH, FID, HFX, PXM, TIE, HTM, VKC, TNA, DPS, FBA

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

TMC

What Is Changing

Drivers of TMC'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