AAV Group JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '19 Dec 31, 2019
Cash & Equivalents	11,751	7,794	437.5	2,442	19,757
Short-Term Investments	-	138,000	-	-	-
Cash & Short-Term Investments	11,751	145,794	437.5	2,442	19,757
Cash Growth	-91.94%	33224.74%	-82.09%	-87.64%	0.44%
Accounts Receivable	21,756	15,892	660.15	20,170	71,729
Other Receivables	-1,958	242,678	302,947	441,144	42,667
Receivables	19,798	258,570	303,607	461,314	114,396
Inventory	2,675	2,833	6,476	9,714	24,245
Prepaid Expenses	266.62	84.03	158.68	2.23	-
Other Current Assets	611,917	162,019	358,245	276,429	161,727
Total Current Assets	646,409	569,300	668,924	749,901	320,126
Property, Plant & Equipment	731,352	232,941	183,661	21,058	40,570
Long-Term Investments	35,000	76,037	-	-	-
Goodwill	12,515	47,264	55,699	64,134	36,885
Other Intangible Assets	20.93	286.99	388.09	489.18	76.84
Other Long-Term Assets	7,908	8,118	9,430	244,023	164,778
Total Assets	1,433,205	933,947	918,101	1,079,605	588,735
Accounts Payable	6,219	10,120	8,341	14,517	29,185
Accrued Expenses	248,940	2,216	2,365	2,579	91.53
Short-Term Debt	95,434	99,874	76,053	194,042	127,752
Current Portion of Long-Term Debt	383.5	313.4	-	-	-
Current Income Taxes Payable	-	-	-	6,966	2,413
Current Unearned Revenue	125.35	125.35	145.33	8.55	124.27
Other Current Liabilities	30.11	1,907	486.99	1,360	1,721
Total Current Liabilities	351,132	114,556	87,392	219,473	161,287
Long-Term Debt	285,650	246.9	-	-	-
Long-Term Unearned Revenue	3,649	3,774	3,897	4,142	4,391
Long-Term Deferred Tax Liabilities	2,239	2,239	-	-	-
Other Long-Term Liabilities	46,914	46,914	46,914	46,914	49,963
Total Liabilities	689,584	167,730	138,203	270,529	215,641
Common Stock	689,877	689,877	689,877	689,877	318,750
Additional Paid-In Capital	65,712	65,712	65,712	65,712	-
Retained Earnings	-51,023	-27,946	-12,266	4,671	36,281
Comprehensive Income & Other	-	-	-	-	18,064
Total Common Equity	704,565	727,643	743,323	760,260	373,094
Minority Interest	39,055	38,575	36,576	48,816	-
Shareholders' Equity	743,621	766,218	779,899	809,076	373,094
Total Liabilities & Equity	1,433,205	933,947	918,101	1,079,605	588,735
Total Debt	381,468	100,435	76,053	194,042	127,752
Net Cash (Debt)	-369,717	45,359	-75,616	-191,600	-107,994
Net Cash Per Share	-5359.18	657.50	-1096.08	-	-
Filing Date Shares Outstanding	68.99	68.99	68.99	68.99	-
Total Common Shares Outstanding	68.99	68.99	68.99	68.99	-
Working Capital	295,276	454,744	581,532	530,428	158,839
Book Value Per Share	10212.92	10547.44	10774.72	11020.23	-
Tangible Book Value	692,030	680,092	687,236	695,637	336,133
Tangible Book Value Per Share	10031.21	9858.17	9961.72	10083.49	-
Buildings	18,909	32,501	30,429	-	-
Machinery	14,816	18,800	9,099	-	-
Construction In Progress	712,341	206,967	164,537	-	15

Source: S&P Global Market Intelligence. Standard template. Financial Sources.