Thong Nhat JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	38,611	35,825	26,579	28,766	64,659	60,333
Depreciation & Amortization	12,517	12,518	12,857	13,994	12,863	12,755
Loss (Gain) From Sale of Assets	-	-	-32.94	-	-14,575	-468.18
Other Operating Activities	-14,787	-11,344	-18,677	-27,197	-5,358	-23,565
Change in Accounts Receivable	10,618	13,768	-1,718	2,083	-9,440	-5,533
Change in Inventory	11,493	8,234	443.37	2,052	75,186	-34,946
Change in Accounts Payable	-8,845	-17,116	-211.62	-26,595	-78,342	23,868
Change in Other Net Operating Assets	3,322	2,819	2,594	3,292	3,718	2,003
Operating Cash Flow	52,931	44,703	21,833	-3,604	48,712	34,448
Operating Cash Flow Growth	111.31%	104.75%	-	-	41.41%	-50.01%
Capital Expenditures	-20,462	-16,435	-29,281	-10,387	-34,279	-12,884
Sale of Property, Plant & Equipment	-	-	32.94	-	-	468.18
Other Investing Activities	12,093	13,107	23,963	10,758	15,083	18,704
Investing Cash Flow	-38,668	-10,328	2,315	-35,128	25,204	46,088
Short-Term Debt Issued	-	5,500	-	-	-	-
Total Debt Issued	5,500	5,500	-	-	-	-
Short-Term Debt Repaid	-	-5,500	-	-	-	-
Total Debt Repaid	-5,500	-5,500	-	-	-	-
Common Dividends Paid	-20,616	-20,264	-20,554	-40,913	-41,566	-116,799
Financing Cash Flow	-20,616	-20,264	-20,554	-40,913	-41,566	-116,799
Foreign Exchange Rate Adjustments	-	-	0.11	0.08	0.07	-2.37
Net Cash Flow	-6,353	14,111	3,594	-79,645	32,350	-36,266
Free Cash Flow	32,469	28,268	-7,448	-13,990	14,433	21,564
Free Cash Flow Growth	-	-	-	-	-33.07%	-65.23%
Free Cash Flow Margin	26.59%	25.66%	-10.20%	-18.77%	6.21%	12.54%
Free Cash Flow Per Share	3959.67	3447.36	-908.25	-1706.13	1760.08	2629.81
Cash Interest Paid	7.7	7.7	-	-	-	-
Cash Income Tax Paid	9,528	3,484	8,517	6,166	18,050	9,979
Levered Free Cash Flow	-440,355	5,551	-23,229	9,817	-35,861	-13,696
Unlevered Free Cash Flow	-440,355	5,556	-23,229	9,817	-35,861	-13,696
Change in Working Capital	16,588	7,704	1,108	-19,168	-8,878	-14,608

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.