Song Da No. 11 JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	65,905	74,481	115,235	72,741	66,365	84,786
Short-Term Investments	24,350	21,417	2,200	-	1,872	1,872
Trading Asset Securities	55.49	55.49	75.49	75.49	-	-
Cash & Short-Term Investments	90,310	95,954	117,510	72,817	68,237	86,659
Cash Growth	-5.89%	-18.34%	61.38%	6.71%	-21.26%	80.61%
Accounts Receivable	664,545	815,215	697,571	270,698	230,727	288,222
Other Receivables	419,149	249,518	51,220	33,175	66,964	87,191
Receivables	1,083,695	1,072,733	748,791	303,873	297,692	375,414
Inventory	288,561	263,848	217,766	127,997	165,384	195,495
Prepaid Expenses	3,710	2,536	1,196	1,187	893.68	786.87
Other Current Assets	261,458	390,604	139,767	116,743	22,965	45,654
Total Current Assets	1,727,734	1,825,676	1,225,030	622,617	555,172	704,009
Property, Plant & Equipment	1,733,190	1,755,080	1,181,263	1,227,538	1,288,838	1,354,704
Long-Term Investments	559,577	471,377	207,367	1,797	-	2,205
Goodwill	22,763	23,591	2,870	4,592	6,313	8,035
Other Intangible Assets	8,859	8,859	7,088	7,088	7,088	7,088
Long-Term Accounts Receivable	27,729	27,729	32,856	37,720	47,556	24,033
Long-Term Deferred Tax Assets	510.84	1,418	5,048	8,052	13,029	16,048
Other Long-Term Assets	18,179	19,519	9,733	8,493	10,057	11,000
Total Assets	4,098,542	4,133,248	2,671,256	1,917,897	1,928,054	2,127,120
Accounts Payable	238,273	260,576	329,978	119,342	73,889	102,444
Accrued Expenses	88,434	104,985	59,348	72,396	37,213	52,499
Short-Term Debt	817,901	959,562	689,413	259,404	308,627	326,875
Current Income Taxes Payable	26,859	32,727	18,955	11,654	14,938	11,034
Current Unearned Revenue	1,318	1,756	1,758	1,758	1,757	36,570
Other Current Liabilities	216,734	191,584	175,063	111,074	104,549	133,561
Total Current Liabilities	1,389,518	1,551,190	1,274,514	575,629	540,973	662,984
Long-Term Debt	1,189,531	1,087,731	449,259	540,349	636,129	774,159
Long-Term Unearned Revenue	25,813	25,813	27,563	29,313	31,063	-
Other Long-Term Liabilities	24,227	26,576	13,825	21,310	28,267	30,931
Total Liabilities	2,629,089	2,691,309	1,765,160	1,166,600	1,236,432	1,468,074
Common Stock	400,000	400,000	241,687	241,687	219,718	219,718
Additional Paid-In Capital	118,429	118,429	71,164	71,164	71,164	71,164
Retained Earnings	585,775	556,838	462,948	313,164	272,970	245,793
Comprehensive Income & Other	40,000	40,000	20,000	20,000	20,000	20,000
Total Common Equity	1,144,204	1,115,267	795,799	646,015	583,852	556,675
Minority Interest	325,250	326,672	110,297	105,283	107,770	102,371
Shareholders' Equity	1,469,454	1,441,939	906,095	751,297	691,622	659,046
Total Liabilities & Equity	4,098,542	4,133,248	2,671,256	1,917,897	1,928,054	2,127,120
Total Debt	2,007,431	2,047,293	1,138,672	799,753	944,756	1,101,035
Net Cash (Debt)	-1,917,121	-1,951,339	-1,021,162	-726,936	-876,519	-1,014,376
Net Cash Per Share	-65050.87	-76483.24	-42251.41	-31862.93	-36260.25	-42081.18
Filing Date Shares Outstanding	40	40	24.17	24.17	24.17	24.17
Total Common Shares Outstanding	40	40	24.17	24.17	24.17	24.17
Working Capital	338,215	274,486	-49,485	46,987	14,199	41,025
Book Value Per Share	28605.10	27881.67	32926.82	26729.38	24157.05	23032.59
Tangible Book Value	1,112,581	1,082,817	785,841	634,335	570,451	541,552
Tangible Book Value Per Share	27814.53	27070.42	32514.80	26246.14	23602.58	22406.89
Buildings	1,024,290	1,024,069	605,634	605,448	-	-
Machinery	1,572,096	1,572,727	1,236,220	1,229,784	-	-
Construction In Progress	1,374	1,374	563.31	177.08	4,078	5,103

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