GELEX Group JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	8,659,539	4,074,202	3,312,662	3,156,251	4,906,108
Short-Term Investments	3,036,811	663,572	930,294	351,864	337,610
Trading Asset Securities	7,087,342	4,523,657	3,353,993	2,168,840	7,036,092
Cash & Short-Term Investments	18,783,692	9,261,432	7,596,949	5,676,955	12,279,810
Cash Growth	102.82%	21.91%	33.82%	-53.77%	270.94%
Accounts Receivable	1,830,216	1,844,831	2,172,144	2,185,334	3,319,391
Other Receivables	979,811	254,670	476,511	278,453	425,098
Receivables	3,359,978	2,214,577	2,653,156	2,478,587	3,759,937
Inventory	14,456,138	8,684,600	8,323,628	9,110,749	11,533,262
Prepaid Expenses	74,158	61,507	66,632	76,609	124,790
Other Current Assets	2,717,857	2,606,793	1,658,684	2,457,390	2,105,533
Total Current Assets	39,391,822	22,828,908	20,299,049	19,800,289	29,803,333
Property, Plant & Equipment	22,349,661	21,194,044	25,498,232	24,365,588	23,106,892
Long-Term Investments	3,210,899	2,989,758	2,658,132	1,818,203	1,783,048
Goodwill	959,254	1,057,973	1,265,740	1,473,507	1,681,274
Other Intangible Assets	642,275	606,683	627,112	660,498	709,830
Long-Term Accounts Receivable	-80,959	10,411	7,168	-	-
Long-Term Deferred Tax Assets	215,572	160,892	128,286	30,995	32,269
Other Long-Term Assets	5,870,143	3,828,577	4,071,640	4,220,755	4,072,701
Total Assets	73,557,257	53,782,318	55,076,876	52,384,835	61,189,347
Accounts Payable	3,100,807	3,369,369	2,354,159	3,544,170	3,902,708
Accrued Expenses	2,507,380	2,151,114	2,003,308	2,004,868	1,885,143
Short-Term Debt	9,561,993	7,145,743	8,717,651	5,862,227	10,732,033
Current Portion of Long-Term Debt	2,602,360	1,093,321	2,916,328	2,639,829	1,639,047
Current Income Taxes Payable	1,180,330	506,575	336,994	154,194	139,953
Current Unearned Revenue	186,964	2,247,751	1,860,154	2,673,614	3,798,135
Other Current Liabilities	2,584,825	483,480	402,371	397,107	616,305
Total Current Liabilities	21,724,658	16,997,352	18,590,964	17,276,009	22,713,326
Long-Term Debt	16,559,397	1,136,440	1,133,728	9,489,579	13,641,226
Long-Term Leases	113,011	7,170,141	8,998,128	156,294	108,506
Long-Term Unearned Revenue	3,219,502	3,095,004	3,099,942	2,757,226	2,779,994
Long-Term Deferred Tax Liabilities	745,479	630,632	607,842	594,422	587,323
Other Long-Term Liabilities	1,020,786	1,494,788	1,422,513	1,067,927	861,171
Total Liabilities	43,382,833	30,524,358	33,853,117	31,341,457	40,691,545
Common Stock	9,023,989	8,594,298	8,514,958	8,514,958	8,514,958
Additional Paid-In Capital	662,913	663,004	663,218	663,218	663,218
Retained Earnings	7,991,614	4,607,753	3,048,134	2,776,269	2,735,164
Comprehensive Income & Other	137,542	130,959	126,042	122,611	125,971
Total Common Equity	17,816,058	13,996,014	12,352,352	12,077,056	12,039,311
Minority Interest	12,358,365	9,261,947	8,871,406	8,966,322	8,458,491
Shareholders' Equity	30,174,423	23,257,961	21,223,758	21,043,378	20,497,802
Total Liabilities & Equity	73,557,257	53,782,318	55,076,876	52,384,835	61,189,347
Total Debt	28,836,761	16,545,645	21,765,835	18,147,928	26,120,813
Net Cash (Debt)	-10,053,069	-7,284,213	-14,168,887	-12,470,974	-13,841,002
Net Cash Per Share	-11140.38	-8124.29	-15847.62	-13948.53	-19053.30
Filing Date Shares Outstanding	902.4	902.4	894.07	894.07	894.07
Total Common Shares Outstanding	902.4	902.4	894.07	894.07	894.07
Working Capital	17,667,164	5,831,556	1,708,085	2,524,280	7,090,008
Book Value Per Share	19743.00	15509.74	13815.86	13507.94	13465.73
Tangible Book Value	16,214,530	12,331,358	10,459,501	9,943,051	9,648,207
Tangible Book Value Per Share	17968.25	13665.05	11698.74	11121.10	10791.33
Buildings	13,308,498	13,256,912	12,615,423	9,837,887	9,150,807
Machinery	12,286,771	11,376,651	16,820,538	16,248,772	16,071,343
Construction In Progress	9,973,694	7,928,773	7,325,895	8,071,980	6,546,365

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.