Me Lin Steel JSC (HNX:MEL)

Me Lin Steel JSC Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	31,631	15,673	17,221	8,156	15,407	7,319
Short-Term Investments	6,155	4,980	4,498	-	-	7,500
Cash & Short-Term Investments	37,785	20,653	21,719	8,156	15,407	14,819
Cash Growth	864.31%	-4.91%	166.28%	-47.06%	3.97%	-
Accounts Receivable	73,769	85,339	95,863	67,954	44,960	51,709
Other Receivables	15	1,219	1,773	12,860	40,772	45,773
Receivables	73,784	86,557	97,636	80,813	85,732	97,482
Inventory	577,220	548,222	533,422	480,524	454,606	494,235
Prepaid Expenses	-	375	-	-	-	-
Other Current Assets	2,340	2,402	3,545	2,585	3,843	11,973
Total Current Assets	691,130	658,209	656,322	572,079	559,588	618,508
Property, Plant & Equipment	35,558	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	23,752	5,264	10,610	10,977	10,318	9,951
Total Assets	750,440	717,559	729,133	648,497	643,452	706,992

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	84,758	37,578	67,752	28,655	147,433	202,658
Accrued Expenses	933.39	208.71	858.49	455.86	287.51	188.4
Short-Term Debt	375,063	404,332	395,386	362,811	243,462	238,098
Current Income Taxes Payable	1,030	304.3	158.82	1.85	1.3	4,548
Current Unearned Revenue	2,205	2,089	1,692	1,455	2,203	1,778
Other Current Liabilities	17,777	1,092	1,323	1,275	111.16	952.54
Total Current Liabilities	481,767	445,605	467,170	394,653	393,498	448,224
Other Long-Term Liabilities	3,804	3,039	2,663	2,649	3,206	2,696
Total Liabilities	485,571	448,644	469,834	397,302	396,704	450,920

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	150,000	150,000	150,000	150,000	150,000	150,000
Retained Earnings	114,869	118,915	109,300	101,195	96,748	106,072
Shareholders' Equity	264,869	268,915	259,300	251,195	246,748	256,072
Total Liabilities & Equity	750,440	717,559	729,133	648,497	643,452	706,992

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	375,063	404,332	395,386	362,811	243,462	238,098
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
Filing Date Shares Outstanding	15	15	15	15.02	15.02	15
Total Common Shares Outstanding	15	15	15	15.02	15.02	15
Working Capital	209,362	212,604	189,152	177,426	166,090	170,284
Book Value Per Share	17657.92	17927.64	17286.66	16722.84	16432.63	17072.93
Tangible Book Value	264,869	265,035	254,410	246,304	242,498	251,811
Tangible Book Value Per Share	17657.92	17669.02	16960.65	16397.29	16149.60	16788.80
Buildings	-	93,427	96,057	-	-	-
Machinery	126,233	59,946	60,955	-	-	-
Construction In Progress	-	-	-	-	2,328	640.24

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 28, 2026

Data Sources Report a data error