HNX:VSM Cash Flow Statement

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 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	17,649	15,375	14,509	9,765	9,515	11,453	Upgrade
Depreciation & Amortization	2,303	3,591	3,864	879	881.27	4,118	Upgrade
Loss (Gain) From Sale of Assets	-	-	-	987.94	-991.27	-	Upgrade
Loss (Gain) From Sale of Investments	-9,122	-9,586	-4,190	-	-	-	Upgrade
Other Operating Activities	1,470	-1,000	-847.82	-7,101	104.21	-3,326	Upgrade
Change in Accounts Receivable	-7,068	-2,058	-1,807	5,830	-3,695	-252.86	Upgrade
Change in Inventory	-2,813	-870.43	-1,331	713.61	1,716	761.45	Upgrade
Change in Accounts Payable	19,486	5,519	-9,321	-4,951	-3,059	1,485	Upgrade
Change in Other Net Operating Assets	-702.92	-1,095	24.68	-161.21	-100.98	175.32	Upgrade
Operating Cash Flow	21,202	9,874	902.75	5,962	4,370	14,415	Upgrade
Operating Cash Flow Growth	-23.80%	993.76%	-84.86%	36.44%	-69.68%	687.46%	Upgrade
Capital Expenditures	-1,705	-899.79	-441.35	-	-177.03	-913.73	Upgrade
Sale of Property, Plant & Equipment	67.93	1,062	554.77	74.58	601.36	-	Upgrade
Other Investing Activities	14,156	14,051	4,355	429.57	740.51	3,117	Upgrade
Investing Cash Flow	328.01	8,473	8,678	3,476	-11,878	-20,829	Upgrade
Common Dividends Paid	-16,849	-10,749	-9,205	-7,897	-	-	Upgrade
Financing Cash Flow	-16,849	-10,749	-9,205	-7,897	-	-	Upgrade
Foreign Exchange Rate Adjustments	-71.45	-71.45	-9.98	-	-62.04	3.97	Upgrade
Net Cash Flow	4,609	7,526	365.52	1,542	-7,570	-6,410	Upgrade
Free Cash Flow	19,498	8,974	461.4	5,962	4,193	13,501	Upgrade
Free Cash Flow Growth	-28.68%	1844.98%	-92.26%	42.20%	-68.94%	824.53%	Upgrade
Free Cash Flow Margin	7.04%	4.20%	0.28%	2.81%	1.90%	5.75%	Upgrade
Free Cash Flow Per Share	2166.41	997.13	51.27	-	-	-	Upgrade
Cash Income Tax Paid	3,285	4,560	605.4	1,000	1,223	2,012	Upgrade
Levered Free Cash Flow	-	11,191	-6,424	5,911	-1,673	11,236	Upgrade
Unlevered Free Cash Flow	-	11,191	-6,424	5,911	-1,673	11,236	Upgrade
Change in Working Capital	8,903	1,495	-12,433	1,431	-5,139	2,169	Upgrade

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.