HNX:VHL 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	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	61,185	92,765	68,168	38,986	30,641	67,597
Short-Term Investments	84,829	67,000	30,090	-	10,000	10,000
Cash & Short-Term Investments	146,014	159,765	98,258	38,986	40,641	77,597
Cash Growth	87.72%	62.60%	152.03%	-4.07%	-47.63%	-45.22%
Accounts Receivable	7,281	9,595	15,843	12,784	13,008	13,919
Other Receivables	12,024	13,751	13,400	14,378	14,302	12,712
Receivables	20,794	23,346	29,243	27,162	27,310	26,631
Inventory	333,028	311,865	278,674	367,655	469,434	420,234
Prepaid Expenses	-	140.84	320.69	406.81	294.39	327.91
Other Current Assets	26,511	8,948	15,877	10,632	11,837	18,499
Total Current Assets	526,347	504,065	422,372	444,842	549,515	543,289
Property, Plant & Equipment	211,198	218,719	257,479	309,459	371,369	439,138
Long-Term Investments	33,445	32,840	36,708	57,539	79,651	88,912
Other Intangible Assets	6,078	6,117	6,275	6,432	6,590	6,874
Long-Term Accounts Receivable	2,143	2,143	2,143	-	-	-
Long-Term Deferred Tax Assets	235.4	202.02	142.67	452.47	417.01	321.28
Other Long-Term Assets	3,666	3,666	3,814	18,901	18,912	23,374
Total Assets	783,112	767,751	728,933	837,626	1,026,454	1,101,909
Accounts Payable	40,785	50,286	57,155	65,464	116,122	89,529
Accrued Expenses	100,906	131,933	113,947	95,067	115,981	164,832
Short-Term Debt	19,049	-	10,348	52,300	91,327	62,723
Current Portion of Long-Term Debt	35,730	32,990	-	-	7,200	49,543
Current Portion of Leases	-	-	-	1,159	492.24	2,840
Current Income Taxes Payable	491.84	4,163	1,155	293.44	2,719	6,930
Current Unearned Revenue	581.64	581.64	581.64	581.64	639.8	639.8
Other Current Liabilities	49,512	18,995	18,296	34,237	31,392	33,438
Total Current Liabilities	247,055	238,948	201,483	249,103	365,874	410,476
Long-Term Debt	2,224	2,224	32,404	30,114	35,561	19,338
Long-Term Unearned Revenue	7,855	7,855	8,437	9,018	10,560	11,200
Long-Term Deferred Tax Liabilities	10,343	10,464	9,691	5,598	1,174	-
Other Long-Term Liabilities	6,629	6,510	5,064	5,064	5,064	7,222
Total Liabilities	274,105	266,001	257,078	298,899	418,234	448,236
Common Stock	250,000	250,000	250,000	250,000	250,000	250,000
Additional Paid-In Capital	49,172	49,172	49,172	49,172	49,172	49,172
Retained Earnings	197,878	190,622	160,726	227,599	297,092	342,545
Comprehensive Income & Other	11,812	11,812	11,812	11,812	11,812	11,812
Total Common Equity	508,861	501,605	471,710	538,582	608,075	653,528
Minority Interest	145	145	145	145	145	145
Shareholders' Equity	509,006	501,750	471,855	538,727	608,220	653,673
Total Liabilities & Equity	783,112	767,751	728,933	837,626	1,026,454	1,101,909
Total Debt	57,003	35,213	42,752	83,574	134,581	134,444
Net Cash (Debt)	89,011	124,552	55,506	-44,588	-93,940	-56,847
Net Cash Growth	431.01%	124.39%	-	-	-	-
Net Cash Per Share	3560.45	4982.08	2220.22	-1783.51	-3757.61	-2273.88
Filing Date Shares Outstanding	25	25	25	25	25	25
Total Common Shares Outstanding	25	25	25	25	25	25
Working Capital	279,292	265,117	220,890	195,739	183,642	132,813
Book Value Per Share	20354.45	20064.21	18868.39	21543.29	24323.02	26141.12
Tangible Book Value	502,783	495,488	465,435	532,150	601,486	646,654
Tangible Book Value Per Share	20111.33	19819.52	18617.40	21286.00	24059.43	25866.15
Buildings	538,493	538,493	550,296	550,296	550,296	550,244
Machinery	1,075,424	1,075,424	1,129,623	1,124,764	1,124,121	1,105,185
Construction In Progress	7,377	6,170	477.71	302.9	166.53	166.53