Me Lin Steel 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	3,918	17,221	8,156	15,407	7,319
Short-Term Investments	-	-	-	-	7,500
Cash & Short-Term Investments	3,918	17,221	8,156	15,407	14,819
Cash Growth	-56.92%	111.13%	-47.06%	3.97%	-
Accounts Receivable	48,166	95,862	67,954	44,960	51,709
Other Receivables	5,871	6,311	12,860	40,772	45,773
Receivables	54,037	102,173	80,813	85,732	97,482
Inventory	522,445	533,422	480,524	454,606	494,235
Other Current Assets	30,132	3,506	2,585	3,843	11,973
Total Current Assets	610,533	656,321	572,079	559,588	618,508
Property, Plant & Equipment	51,685	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	5,442	10,629	10,977	10,318	9,951
Total Assets	671,540	729,152	648,497	643,452	706,992
Accounts Payable	22,735	67,775	28,655	147,433	202,658
Accrued Expenses	4,163	858.49	455.86	287.51	188.4
Short-Term Debt	370,078	395,386	362,811	243,462	238,098
Current Income Taxes Payable	75.1	158.6	1.85	1.3	4,548
Current Unearned Revenue	1,421	1,692	1,455	2,203	1,778
Other Current Liabilities	2,887	1,321	1,275	111.16	952.54
Total Current Liabilities	401,359	467,190	394,653	393,498	448,224
Other Long-Term Liabilities	2,994	2,663	2,649	3,206	2,696
Total Liabilities	404,353	469,854	397,302	396,704	450,920
Common Stock	150,000	150,000	150,000	150,000	150,000
Retained Earnings	117,187	109,298	101,195	96,748	106,072
Shareholders' Equity	267,187	259,298	251,195	246,748	256,072
Total Liabilities & Equity	671,540	729,152	648,497	643,452	706,992
Total Debt	370,078	395,386	362,811	243,462	238,098
Net Cash (Debt)	-366,160	-378,165	-354,654	-228,054	-223,280
Net Cash Per Share	-24387.04	-25199.11	-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	209,174	189,131	177,426	166,090	170,284
Book Value Per Share	17812.44	17286.56	16722.84	16432.63	17072.93
Tangible Book Value	263,307	254,408	246,304	242,498	251,811
Tangible Book Value Per Share	17553.82	16960.55	16397.29	16149.60	16788.80
Construction In Progress	-	-	-	2,328	640.24

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