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 2025	FY 2024	FY 2023
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	655,581	1,212,885	691,649	1,125,181
Short-Term Investments	4,471,233	208,818	121,338	162,180
Trading Asset Securities	445,869	558,685	-	-
Cash & Short-Term Investments	5,572,682	1,980,388	812,986	1,287,362
Cash Growth	277.56%	143.59%	-36.85%	-
Accounts Receivable	2,393,739	1,260,066	1,185,150	1,995,723
Other Receivables	28,575	1,566	8,525	-
Receivables	2,422,314	3,776,189	1,565,275	1,995,723
Inventory	6,351,187	5,605,178	3,680,150	3,074,354
Prepaid Expenses	39,121	32,309	24,815	-
Other Current Assets	1,128,150	828,802	777,552	205,753
Total Current Assets	15,513,454	12,222,867	6,860,778	6,563,192
Property, Plant & Equipment	1,553,806	1,655,000	2,549,712	3,644,504
Long-Term Investments	1,783,018	1,697,968	2,661,918	2,653,150
Goodwill	45,825	57,052	94,780	124,284
Other Intangible Assets	63,942	67,912	76,314	80,453
Long-Term Accounts Receivable	5,121	5,121	6,144	7,168
Long-Term Deferred Tax Assets	24,262	23,325	44,141	26,337
Other Long-Term Assets	572,284	566,716	549,480	623,845
Total Assets	19,561,712	16,345,960	12,903,267	13,722,932
Accounts Payable	963,268	606,456	1,125,645	580,777
Accrued Expenses	328,489	295,832	279,566	185,377
Short-Term Debt	7,333,752	4,223,606	2,798,909	4,369,529
Current Portion of Long-Term Debt	291,082	243,283	172,184	-
Current Income Taxes Payable	233,749	528,384	205,385	89,249
Current Unearned Revenue	15,053	2,135	10,614	19.16
Other Current Liabilities	1,018,429	872,375	788,306	1,233,730
Total Current Liabilities	10,183,822	6,772,070	5,380,609	6,458,681
Long-Term Debt	842,030	1,047,943	453,425	1,235,644
Long-Term Deferred Tax Liabilities	2,720	2,884	4,599	6,470
Other Long-Term Liabilities	91,611	126,008	111,197	70,258
Total Liabilities	11,120,183	7,948,906	5,949,830	7,771,053
Common Stock	6,404,992	3,660,000	3,000,000	3,000,000
Additional Paid-In Capital	5,052	225,052	835,288	835,288
Retained Earnings	1,177,421	3,674,249	2,050,154	1,060,499
Comprehensive Income & Other	467,013	467,013	512,024	538,576
Total Common Equity	8,054,478	8,026,314	6,397,465	5,434,363
Minority Interest	387,052	370,741	555,972	517,517
Shareholders' Equity	8,441,529	8,397,055	6,953,437	5,951,880
Total Liabilities & Equity	19,561,712	16,345,960	12,903,267	13,722,932
Total Debt	8,466,863	5,514,832	3,424,518	5,605,173
Net Cash (Debt)	-2,894,181	-3,534,444	-2,611,532	-4,317,811
Net Cash Per Share	-4523.12	-5531.51	-4133.81	-6853.67
Filing Date Shares Outstanding	640.5	640.5	630	630
Total Common Shares Outstanding	640.5	640.5	630	630
Working Capital	5,329,632	5,450,796	1,480,169	104,511
Book Value Per Share	12575.31	12531.33	10154.71	8625.97
Tangible Book Value	7,944,710	7,901,350	6,226,371	5,229,626
Tangible Book Value Per Share	12403.93	12336.22	9883.13	8300.99
Buildings	1,140,179	1,200,139	2,168,193	-
Machinery	2,737,064	2,668,084	3,230,689	-
Construction In Progress	167,739	196,120	173,154	264,462