Me Lin Steel JSC (HNX:MEL)
Vietnam flag Vietnam · Delayed Price · Currency is VND
7,000.00
+600.00 (9.38%)
At close: Oct 19, 2026

Me Lin Steel JSC Financials Overview

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,044,109837,180879,845670,825773,751687,531
Revenue Growth
17.52%-4.85%31.16%-13.30%12.54%-
Gross Profit
60,96740,77638,77247,16643,590108,528
Operating Income
42,18627,44526,85433,78029,45593,012
Net Income
12,6829,6158,1054,4465,67663,016
Earnings Per Share
844.97640.98540.00296.00378.004201.00
EPS Growth
6.19%18.70%82.43%-21.69%-91.00%-

Revenue by Segment

Fiscal Year
FY 2025FY 2024
Period EndingDec '25 Dec '24
Sale of Goods
1,157,0011,344,861
Sale of Services
449,184361,652
Provision of Services
27,39926,323
Inter-segment Sales
-796,404-852,991
Total
837,180879,845

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
37,78520,65321,7198,15615,40714,819
Total Debt
375,063404,332395,386362,811243,462238,098
Net Cash (Debt)
-337,278-383,679-373,667-354,654-228,054-223,280
Net Cash Growth
------
Net Cash Per Share
-22471.83-25578.61-24911.16-23609.71-15187.68-14885.14

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
41,591-26,564-20,873-139,2559,89065,418
Capital Expenditures
-4,339-2,076-3,195--1,688-2,215
Free Cash Flow
37,253-28,641-24,068-139,2558,20363,202
Free Cash Flow Growth
3360.44%----87.02%-

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
5.84%4.87%4.41%7.03%5.63%15.78%
Operating Margin
4.04%3.28%3.05%5.04%3.81%13.53%
Pretax Margin
1.50%1.44%1.06%0.83%0.92%11.41%
Profit Margin
1.21%1.15%0.92%0.66%0.73%9.17%
FCF Margin
3.57%-3.42%-2.73%-20.76%1.06%9.19%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
1000.0001000.000--1000.000
Dividend Per Share Growth
0%----
Dividend Yield
14.29%15.87%--13.00%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
8.289.8312.4021.5920.354.05
P/FCF Ratio
2.82---14.084.04
PS Ratio
0.100.110.110.140.150.37