Gelex Electricity JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	835,696	691,649	1,125,181
Short-Term Investments	78,552	79,546	162,180
Cash & Short-Term Investments	1,302,034	771,195	1,287,362
Cash Growth	-	-40.09%	-
Receivables	3,853,351	2,252,910	1,995,723
Inventory	4,146,037	3,680,150	3,074,354
Other Current Assets	892,861	156,523	205,753
Total Current Assets	10,226,013	6,860,778	6,563,192
Property, Plant & Equipment	2,463,866	2,549,712	3,644,504
Long-Term Investments	1,646,666	2,661,918	2,653,150
Goodwill	72,653	94,780	124,284
Other Intangible Assets	79,048	76,314	80,453
Long-Term Accounts Receivable	5,121	6,144	7,168
Long-Term Deferred Tax Assets	39,533	44,141	26,337
Other Long-Term Assets	558,527	549,480	623,845
Total Assets	15,141,426	12,903,267	13,722,932
Accounts Payable	882,674	1,125,645	580,777
Accrued Expenses	407,479	211,142	185,377
Short-Term Debt	2,841,775	2,971,093	4,369,529
Current Income Taxes Payable	591,468	251,750	89,249
Current Unearned Revenue	4,004	5,281	19.16
Other Current Liabilities	693,438	815,698	1,233,730
Total Current Liabilities	5,576,393	5,380,609	6,458,681
Long-Term Debt	1,387,942	453,425	1,235,644
Long-Term Deferred Tax Liabilities	3,565	4,599	6,470
Other Long-Term Liabilities	135,973	111,197	70,258
Total Liabilities	7,103,873	5,949,830	7,771,053
Common Stock	3,660,000	3,000,000	3,000,000
Additional Paid-In Capital	225,052	835,288	835,288
Retained Earnings	3,063,639	2,050,154	1,060,499
Comprehensive Income & Other	512,769	512,024	538,576
Total Common Equity	7,461,459	6,397,465	5,434,363
Minority Interest	576,094	555,972	517,517
Shareholders' Equity	8,037,553	6,953,437	5,951,880
Total Liabilities & Equity	15,141,426	12,903,267	13,722,932
Total Debt	4,385,272	3,424,518	5,605,173
Net Cash (Debt)	-3,083,237	-2,653,323	-4,317,811
Net Cash Per Share	-8496.79	-7370.34	-11993.92
Filing Date Shares Outstanding	366	360	360
Total Common Shares Outstanding	366	360	360
Working Capital	4,649,620	1,480,169	104,511
Book Value Per Share	20386.50	17770.74	15095.45
Tangible Book Value	7,309,759	6,226,371	5,229,626
Tangible Book Value Per Share	19972.02	17295.47	14526.74
Construction In Progress	177,922	173,154	264,462

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