Magnitogorsk Iron & Steel Works (MOEX:MAGN)

MOEX:MAGN Balance Sheet

Financials in millions RUB. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	19,821	38,107	114,435	161,809	144,214	63,259
Short-Term Investments	116,438	81,562	8,381	4,904	2,563	39,096
Trading Asset Securities	-	874	709	-	-	525.28
Cash & Short-Term Investments	136,259	120,543	123,525	166,713	146,777	102,880
Cash Growth	16.46%	-2.41%	-25.91%	13.58%	42.67%	30.63%
Accounts Receivable	91,257	58,727	67,148	70,538	48,183	79,542
Other Receivables	10,055	13,847	12,302	13,258	5,009	6,754
Receivables	101,312	72,574	79,450	83,796	53,192	86,296
Inventory	102,779	120,406	136,108	128,259	101,580	120,514
Prepaid Expenses	-	8,463	11,662	2,168	1,869	2,101
Other Current Assets	2,801	2,245	1,855	16,788	12,458	6,153
Total Current Assets	343,151	324,231	352,600	397,724	315,876	317,944
Property, Plant & Equipment	519,172	532,347	543,391	490,298	410,649	402,815
Long-Term Investments	2,799	2,041	447	409	492	525.28
Other Intangible Assets	5,923	6,031	5,344	3,824	2,645	2,852
Long-Term Deferred Tax Assets	8,955	8,228	5,824	4,507	3,795	4,878
Other Long-Term Assets	5,145	5,065	5,570	5,240	4,328	-
Total Assets	885,145	877,943	913,176	902,002	737,785	729,014

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	128,677	76,457	78,383	74,074	46,709	63,634
Accrued Expenses	374	21,121	19,469	20,347	11,878	12,757
Short-Term Debt	31,498	21,320	31,959	30,163	52,003	28,065
Current Portion of Long-Term Debt	-	1,481	2,785	27,541	1,059	4,427
Current Portion of Leases	421	407	352	284	184	225.12
Current Income Taxes Payable	452	46	135	3,245	88	4,803
Current Unearned Revenue	7,018	21,071	18,099	19,715	20,961	21,311
Other Current Liabilities	1,318	7,180	7,512	8,372	6,389	36,094
Total Current Liabilities	169,758	149,083	158,694	183,741	139,271	171,316
Long-Term Debt	21,108	15,513	12,578	12,624	20,249	39,621
Long-Term Leases	1,838	1,763	1,756	1,910	1,106	525.28
Pension & Post-Retirement Benefits	1,396	1,402	1,591	1,395	1,171	1,201
Long-Term Deferred Tax Liabilities	38,223	37,491	41,935	31,367	33,561	34,143
Other Long-Term Liabilities	7,476	7,972	6,810	7,656	6,993	7,204
Total Liabilities	239,799	213,224	223,364	238,693	202,351	254,010

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	9,483	9,483	9,483	9,483	9,483	28,965
Additional Paid-In Capital	23,754	23,754	23,754	23,754	23,754	72,714
Retained Earnings	586,440	605,562	618,899	597,778	478,665	846,526
Comprehensive Income & Other	25,514	25,746	36,497	31,004	21,439	-474,853
Total Common Equity	645,191	664,545	688,633	662,019	533,341	473,352
Minority Interest	155	174	1,179	1,290	2,093	1,651
Shareholders' Equity	645,346	664,719	689,812	663,309	535,434	475,003
Total Liabilities & Equity	885,145	877,943	913,176	902,002	737,785	729,014

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	54,865	40,484	49,430	72,522	74,601	72,864
Net Cash (Debt)	81,394	80,059	74,095	94,191	72,176	30,016
Net Cash Growth	16.37%	8.05%	-21.34%	30.50%	140.46%	327.26%
Net Cash Per Share	7.28	7.16	6.63	8.43	6.46	2.69
Filing Date Shares Outstanding	11,174	11,174	11,174	11,174	11,174	11,174
Total Common Shares Outstanding	11,174	11,174	11,174	11,174	11,174	11,174
Working Capital	173,393	175,148	193,906	213,983	176,605	146,628
Book Value Per Share	57.74	59.47	61.63	59.24	47.73	42.36
Tangible Book Value	639,268	658,514	683,289	658,195	530,696	470,501
Tangible Book Value Per Share	57.21	58.93	61.15	58.90	47.49	42.11
Land	-	324,677	294,575	270,075	230,144	223,394
Machinery	-	630,011	604,466	553,846	498,834	484,833
Construction In Progress	-	152,492	182,476	160,093	126,603	106,482

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error