Me Lin Steel 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 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	15,673	17,221	8,156	15,407	7,319
Short-Term Investments	4,980	4,498	-	-	7,500
Cash & Short-Term Investments	20,653	21,719	8,156	15,407	14,819
Cash Growth	-4.91%	166.28%	-47.06%	3.97%	-
Accounts Receivable	85,339	95,863	67,954	44,960	51,709
Other Receivables	3,298	4,069	12,860	40,772	45,773
Receivables	88,637	99,932	80,813	85,732	97,482
Inventory	548,222	533,422	480,524	454,606	494,235
Prepaid Expenses	375	-	-	-	-
Other Current Assets	322.61	1,249	2,585	3,843	11,973
Total Current Assets	658,209	656,322	572,079	559,588	618,508
Property, Plant & Equipment	50,206	57,312	60,551	69,296	74,271
Other Intangible Assets	3,879	4,890	4,890	4,250	4,262
Other Long-Term Assets	5,264	10,610	10,977	10,318	9,951
Total Assets	717,559	729,133	648,497	643,452	706,992
Accounts Payable	37,578	67,752	28,655	147,433	202,658
Accrued Expenses	208.71	858.49	455.86	287.51	188.4
Short-Term Debt	404,332	395,386	362,811	243,462	238,098
Current Income Taxes Payable	304.3	158.82	1.85	1.3	4,548
Current Unearned Revenue	2,089	1,692	1,455	2,203	1,778
Other Current Liabilities	1,092	1,323	1,275	111.16	952.54
Total Current Liabilities	445,605	467,170	394,653	393,498	448,224
Other Long-Term Liabilities	3,039	2,663	2,649	3,206	2,696
Total Liabilities	448,644	469,834	397,302	396,704	450,920
Common Stock	150,000	150,000	150,000	150,000	150,000
Retained Earnings	118,915	109,300	101,195	96,748	106,072
Shareholders' Equity	268,915	259,300	251,195	246,748	256,072
Total Liabilities & Equity	717,559	729,133	648,497	643,452	706,992
Total Debt	404,332	395,386	362,811	243,462	238,098
Net Cash (Debt)	-383,679	-373,667	-354,654	-228,054	-223,280
Net Cash Per Share	-25578.61	-24911.16	-23609.71	-15187.68	-14885.14
Filing Date Shares Outstanding	15	15	15.02	15.02	15
Total Common Shares Outstanding	15	15	15.02	15.02	15
Working Capital	212,604	189,152	177,426	166,090	170,284
Book Value Per Share	17927.64	17286.66	16722.84	16432.63	17072.93
Tangible Book Value	265,035	254,410	246,304	242,498	251,811
Tangible Book Value Per Share	17669.02	16960.65	16397.29	16149.60	16788.80
Buildings	93,427	96,057	-	-	-
Machinery	59,946	60,955	-	-	-
Construction In Progress	-	-	-	2,328	640.24

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