Model N 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 2010
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '10 Dec 31, 2010
Cash & Equivalents	28,599	55,885	8,567	2,475	18,912
Short-Term Investments	45,550	43,938	22,285	12,888	134,345
Trading Asset Securities	23,793	13,888	13,731	-	-
Cash & Short-Term Investments	97,942	113,711	44,583	15,363	153,257
Cash Growth	6.10%	155.06%	190.19%	-89.98%	-
Accounts Receivable	20,599	21,099	21,599	36,602	75,088
Other Receivables	-19,397	-20,530	12,735	134,370	187,516
Receivables	1,202	569.33	34,334	170,971	262,605
Inventory	1,218	1,218	1,218	1,218	727.57
Prepaid Expenses	108.02	108.02	72.76	25.68	65.31
Other Current Assets	1,394	2,271	1,641	868.68	902.74
Total Current Assets	101,865	117,878	81,849	188,447	417,558
Property, Plant & Equipment	41,517	36,580	181,630	186,632	117,433
Long-Term Investments	22,999	20,849	12,428	11,370	83,504
Other Intangible Assets	-	-	-	-	14.05
Other Long-Term Assets	90,628	83,496	124,467	5,171	-
Total Assets	257,009	258,803	400,374	391,621	618,509
Accounts Payable	27.53	17.21	10.04	32.01	1,026
Accrued Expenses	915.25	23,986	1,395	1,236	940.18
Short-Term Debt	10.24	-	-	-	166,680
Current Income Taxes Payable	-	-	-	27.29	2,221
Other Current Liabilities	26,776	4,222	154,181	154,101	53,451
Total Current Liabilities	27,729	28,225	155,586	155,397	224,318
Long-Term Unearned Revenue	-	-	-	-	47.5
Total Liabilities	27,729	28,225	155,586	155,397	224,366
Common Stock	373,500	373,500	373,500	373,500	373,500
Additional Paid-In Capital	2,790	2,790	2,790	2,790	2,920
Retained Earnings	-143,464	-142,166	-127,956	-136,520	17,723
Treasury Stock	-3,547	-3,547	-3,547	-3,547	-
Shareholders' Equity	229,280	230,578	244,787	236,224	394,143
Total Liabilities & Equity	257,009	258,803	400,374	391,621	618,509
Total Debt	10.24	-	-	-	166,680
Net Cash (Debt)	97,932	113,711	44,583	15,363	-13,423
Net Cash Growth	6.09%	155.06%	190.19%	-	-
Net Cash Per Share	2656.46	3084.22	1209.23	415.47	-
Filing Date Shares Outstanding	36.87	36.87	37.07	36.81	-
Total Common Shares Outstanding	36.87	36.87	37.07	36.81	-
Working Capital	74,136	89,653	-73,738	33,050	193,239
Book Value Per Share	6219.15	6254.00	6603.33	6416.75	-
Tangible Book Value	229,280	230,578	244,787	236,224	394,129
Tangible Book Value Per Share	6219.15	6254.00	6603.33	6416.75	-
Machinery	-	3,224	3,224	-	-
Construction In Progress	36,625	36,422	180,979	185,488	116,313

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