BAF Vietnam Agriculture JSC (HOSE:BAF)

HOSE:BAF Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	142,776	148,912	95,165	151,374	240,885	68,076
Short-Term Investments	360,766	294,667	326,525	100,000	-	17,003
Trading Asset Securities	-	-	-	-	57,183	-
Cash & Short-Term Investments	503,542	443,579	421,690	251,374	298,068	85,079
Cash Growth	21.75%	5.19%	67.75%	-15.67%	250.34%	109.49%
Accounts Receivable	41,342	188,713	890,460	1,313,962	2,764,760	3,518,691
Other Receivables	103,250	52,144	53,770	41,779	31,657	10,980
Receivables	144,778	240,932	944,229	1,357,629	2,796,417	3,534,052
Inventory	2,511,877	2,156,075	1,592,961	881,821	1,087,718	989,391
Prepaid Expenses	32,502	24,697	23,690	23,226	7,640	4,083
Other Current Assets	618,099	215,735	165,441	148,649	140,526	52,782
Total Current Assets	3,810,798	3,081,019	3,148,012	2,662,700	4,330,369	4,665,386
Property, Plant & Equipment	4,291,562	3,280,140	2,331,945	1,242,340	582,255	331,085
Long-Term Investments	-	-	-	29,506	43,634	34,624
Goodwill	2,239	2,158	2,537	2,916	4,261	3,843
Other Intangible Assets	4,527	5,724	187,221	207,117	207,117	338.85
Long-Term Deferred Tax Assets	14,671	7,912	36,127	4,775	-	-
Other Long-Term Assets	1,482,485	1,072,078	827,444	579,068	272,500	189,280
Total Assets	9,606,281	7,449,030	6,533,661	4,729,096	5,457,246	5,245,833
Accounts Payable	1,584,896	1,771,091	2,187,521	1,907,392	3,774,330	4,529,370
Accrued Expenses	183,866	90,937	59,852	52,491	12,227	3,136
Short-Term Debt	1,567,340	712,608	603,821	203,279	-	-
Current Portion of Long-Term Debt	-	421,752	99,842	61,122	14,553	10,211
Current Portion of Leases	-	4,347	-	-	-	-
Current Income Taxes Payable	-	55,627	17,304	52,973	14,358	11,633
Other Current Liabilities	20,698	8,216	42,734	14,462	35,910	61,576
Total Current Liabilities	3,356,799	3,064,578	3,011,075	2,291,719	3,851,377	4,615,926
Long-Term Debt	1,939,302	1,427,711	1,608,568	692,905	148,527	64,318
Long-Term Leases	-	12,841	-	-	-	-
Long-Term Deferred Tax Liabilities	8,148	8,148	5,696	1,804	2,523	-
Total Liabilities	5,304,249	4,513,278	4,625,339	2,986,428	4,002,428	4,680,244
Common Stock	3,040,216	2,390,216	1,435,200	1,435,200	780,000	500,000
Additional Paid-In Capital	356,620	-	-	-	279,845	-
Retained Earnings	761,416	398,258	324,867	298,655	387,323	65,588
Comprehensive Income & Other	137,649	137,649	137,649	-	-	-
Total Common Equity	4,295,901	2,926,124	1,897,715	1,733,855	1,447,168	565,588
Minority Interest	6,131	9,628	10,607	8,813	7,651	-
Shareholders' Equity	4,302,032	2,935,752	1,908,322	1,742,668	1,454,818	565,588
Total Liabilities & Equity	9,606,281	7,449,030	6,533,661	4,729,096	5,457,246	5,245,833
Total Debt	3,506,641	2,579,259	2,312,231	957,306	163,080	74,529
Net Cash (Debt)	-3,003,099	-2,135,679	-1,890,541	-705,931	134,988	10,550
Net Cash Growth	-	-	-	-	1179.52%	-
Net Cash Per Share	-10017.39	-8652.16	-11258.71	-4204.02	1043.07	240.75
Filing Date Shares Outstanding	237.25	239.02	167.92	167.92	167.92	107.64
Total Common Shares Outstanding	237.25	239.02	167.92	167.92	167.92	107.64
Working Capital	453,998	16,441	136,937	370,981	478,992	49,460
Book Value Per Share	18107.10	12242.09	11301.41	10325.58	8618.28	5254.44
Tangible Book Value	4,289,136	2,918,241	1,707,958	1,523,823	1,235,791	561,406
Tangible Book Value Per Share	18078.59	12209.11	10171.36	9074.78	7359.47	5215.59
Buildings	-	2,084,102	1,284,817	785,110	264,220	144,421
Machinery	-	692,433	391,023	250,240	123,786	60,399
Construction In Progress	1,314,624	891,504	901,790	353,356	248,202	117,655

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