Tien Son Thanh Hoa Group JSC (HOSE:AAT)

Vietnam · Delayed Price · Currency is VND

2,580.00

-10.00 (-0.39%)

At close: Jul 24, 2026

HOSE:AAT Financials Overview

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

Millions VND. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
Revenue	1,036,461	1,008,681	583,010	599,355	961,626
Revenue Growth	107.80%	73.01%	-2.73%	-37.67%	-
Gross Profit	75,839	84,430	52,776	47,121	130,931
Operating Income	46,333	55,976	6,803	24,477	111,986
Net Income	14,660	23,723	-8,346	-2,467	67,634
Earnings Per Share	207.00	334.98	-118.00	-35.00	955.00
EPS Growth	-	-	-	-	-

Revenue by Segment

Fiscal Year	TTM	FY 2025	FY 2024
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025
Garment Processing	164,993	157,230	159,171
Trade	796,231	777,717	359,787
Factory Rental	72,476	70,730	62,922
Service	2,997	3,164	1,129
Total	1,036,698	1,008,841	583,010

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
Cash & Investments	47,937	61,762	38,098	22,079	16,813
Total Debt	448,814	435,632	367,812	213,235	232,187
Net Cash (Debt)	-400,877	-373,870	-329,713	-191,156	-215,374
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	-5660.57	-5279.22	-4655.71	-2699.21	-3041.19

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
Operating Cash Flow	-221,473	-90,390	-67,643	40,913	-238,469
Capital Expenditures	-104,549	-101,920	-27,388	-6,258	-114,088
Free Cash Flow	-326,022	-192,310	-95,031	34,656	-352,557
Free Cash Flow Growth	-	-	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
Gross Margin	7.32%	8.37%	9.05%	7.86%	13.62%
Operating Margin	4.47%	5.55%	1.17%	4.08%	11.64%
Pretax Margin	1.23%	2.40%	-0.84%	-0.06%	9.44%
Profit Margin	1.41%	2.35%	-1.43%	-0.41%	7.03%
FCF Margin	-31.45%	-19.06%	-16.30%	5.78%	-36.66%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jul '26 Jul 25, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023
PE Ratio	12.46	9.64	-	-	4.68
P/FCF Ratio	-	-	-	10.01	-
PS Ratio	0.18	0.23	0.42	0.58	0.33