Vietnam Germany Steel Pipe JSC (HNX:VGS)

HNX:VGS Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	7,321,258	7,321,866	7,555,693	8,483,237	6,683,587	6,669,720
Revenue Growth (YoY)	-2.30%	-3.09%	-10.93%	26.93%	0.21%	-2.44%
Cost of Revenue	7,072,398	7,099,875	7,364,782	8,289,647	6,420,457	6,408,993
Gross Profit	248,860	221,991	190,911	193,591	263,130	260,727
Selling, General & Admin	83,524	78,153	85,212	75,650	101,694	114,384
Operating Expenses	83,524	78,153	85,212	75,650	101,694	114,384
Operating Income	165,337	143,838	105,699	117,941	161,436	146,342
Interest Expense	-20,669	-20,777	-36,166	-35,856	-26,038	-30,325
Interest & Investment Income	1,958	953.14	61,134	1,052	809.19	155.04
Earnings From Equity Investments	19,889	10,897	-59,165	33,373	20,297	8,655
Currency Exchange Gain (Loss)	-14.06	-14.12	2.64	-	-	-
Other Non Operating Income (Expenses)	-190.68	-167.9	-80.23	330.88	-41.03	-365.24
EBT Excluding Unusual Items	166,310	134,728	71,424	116,841	156,464	124,462
Gain (Loss) on Sale of Investments	-135.4	-0.11	-	-	-	-
Gain (Loss) on Sale of Assets	104.55	-	610.79	-	-	-
Other Unusual Items	116.88	192.48	255.54	-	-	-
Pretax Income	166,396	134,921	72,290	116,841	156,464	124,462
Income Tax Expense	29,608	25,051	14,213	16,716	27,630	21,584
Earnings From Continuing Operations	136,788	109,870	58,078	100,125	128,834	102,878
Minority Interest in Earnings	-21.01	-15.26	-10.89	-15.05	-31.1	-17.66
Net Income	136,767	109,855	58,067	100,110	128,803	102,860
Preferred Dividends & Other Adjustments	6,642	6,642	3,300	-	-	-
Net Income to Common	130,125	103,212	54,767	100,110	128,803	102,860
Net Income Growth	126.33%	89.19%	-42.00%	-22.28%	25.22%	36.88%
Shares Outstanding (Basic)	57	56	56	56	56	62
Shares Outstanding (Diluted)	57	56	56	56	56	62
Shares Change (YoY)	2.51%	-	-0.02%	0.03%	-9.16%	10.05%
EPS (Basic)	2298.11	1845.31	979.16	1789.52	2303.03	1670.62
EPS (Diluted)	2298.11	1845.31	979.16	1789.52	2303.03	1670.62
EPS Growth	122.19%	88.46%	-45.28%	-22.30%	37.85%	24.38%
Free Cash Flow	113,869	16,551	-320,662	8,736	-45,524	294,948
Free Cash Flow Per Share	2011.03	295.92	-5733.06	156.17	-813.98	4790.43
Dividend Per Share	-	-	-	-	-	752.870
Gross Margin	3.40%	3.03%	2.53%	2.28%	3.94%	3.91%
Operating Margin	2.26%	1.96%	1.40%	1.39%	2.42%	2.19%
Profit Margin	1.78%	1.41%	0.73%	1.18%	1.93%	1.54%
Free Cash Flow Margin	1.55%	0.23%	-4.24%	0.10%	-0.68%	4.42%
EBITDA	177,517	156,426	120,258	132,737	177,508	168,070
EBITDA Margin	2.43%	2.14%	1.59%	1.57%	2.66%	2.52%
D&A For EBITDA	12,181	12,588	14,559	14,796	16,072	21,727
EBIT	165,337	143,838	105,699	117,941	161,436	146,342
EBIT Margin	2.26%	1.96%	1.40%	1.39%	2.42%	2.19%
Effective Tax Rate	17.79%	18.57%	19.66%	14.31%	17.66%	17.34%
Revenue as Reported	7,321,258	7,321,866	7,555,693	8,483,237	6,683,587	6,669,720

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