Thien Quang Group JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	5,916	4,709	4,750	8,736	13,684
Short-Term Investments	10,000	-	-	4,000	4,000
Cash & Short-Term Investments	15,916	4,709	4,750	12,736	17,684
Cash Growth	235.08%	-0.85%	-62.71%	-27.98%	-
Accounts Receivable	173,139	149,022	148,894	162,690	174,370
Other Receivables	10,505	231.15	1,190	259.6	33.73
Receivables	183,644	149,253	173,083	162,949	174,404
Inventory	236,476	205,552	194,539	221,756	191,435
Prepaid Expenses	-	430.77	351.6	-	760.95
Other Current Assets	28,001	38,750	22,812	25,323	13,475
Total Current Assets	464,037	398,695	395,535	422,764	397,759
Property, Plant & Equipment	54,763	60,629	76,511	62,805	61,331
Long-Term Investments	-	-	6,000	6,000	6,000
Other Intangible Assets	585.75	6,596	6,628	56,281	36,699
Other Long-Term Assets	74,885	76,040	31,950	4,399	3,842
Total Assets	594,271	541,961	516,624	552,248	505,631
Accounts Payable	74,446	88,634	70,113	95,748	157,498
Accrued Expenses	728.27	865.32	1,706	2,077	6,250
Short-Term Debt	181,337	119,749	112,382	123,006	65,651
Current Income Taxes Payable	162.4	-	-	31.05	1,986
Other Current Liabilities	2,224	177.92	734.62	1,362	3,032
Total Current Liabilities	258,898	209,426	184,935	222,225	234,417
Long-Term Debt	-	-	-	-	812
Total Liabilities	258,898	209,426	184,935	222,225	235,229
Common Stock	318,433	318,433	318,433	318,433	238,433
Additional Paid-In Capital	6,422	6,422	6,422	6,543	6,543
Retained Earnings	10,518	7,680	6,834	5,011	25,388
Comprehensive Income & Other	-	-	-	37.41	37.41
Shareholders' Equity	335,373	332,535	331,689	330,024	270,401
Total Liabilities & Equity	594,271	541,961	516,624	552,248	505,631
Total Debt	181,337	119,749	112,382	123,006	66,463
Net Cash (Debt)	-165,422	-115,040	-107,633	-110,270	-48,779
Net Cash Per Share	-5155.80	-3612.69	-3380.07	-3463.18	-2045.61
Filing Date Shares Outstanding	31.84	31.84	31.84	31.84	23.85
Total Common Shares Outstanding	31.84	31.84	31.84	31.84	23.85
Working Capital	205,139	189,269	210,600	200,540	163,341
Book Value Per Share	10531.98	10442.85	10416.29	10364.88	11335.25
Tangible Book Value	334,787	325,939	325,061	273,743	233,703
Tangible Book Value Per Share	10513.59	10235.71	10208.14	8597.30	9796.84
Buildings	-	46,295	46,295	-	-
Machinery	-	98,311	98,311	-	-
Construction In Progress	19,711	19,623	27,366	8,861	892.08

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