GELEX Group 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	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	5,127,135	8,659,542	4,074,202	3,312,662	3,156,251	4,906,108
Short-Term Investments	5,559,118	2,678,740	519,035	930,294	351,864	337,610
Trading Asset Securities	6,571,412	7,288,454	4,523,657	3,353,993	2,168,840	7,036,092
Cash & Short-Term Investments	17,257,666	18,626,736	9,116,894	7,596,949	5,676,955	12,279,810
Cash Growth	68.98%	104.31%	20.01%	33.82%	-53.77%	270.94%
Accounts Receivable	2,396,750	1,937,679	1,844,831	2,172,144	2,185,334	3,319,391
Other Receivables	963,664	896,153	257,670	476,511	278,453	425,098
Receivables	3,360,415	3,383,781	2,217,577	2,653,156	2,478,587	3,759,937
Inventory	19,405,774	14,454,964	8,684,600	8,323,628	9,110,749	11,533,262
Prepaid Expenses	137,738	75,037	61,507	66,632	76,609	124,790
Other Current Assets	8,808,161	2,873,608	2,748,330	1,658,684	2,457,390	2,105,533
Total Current Assets	48,969,753	39,414,126	22,828,908	20,299,049	19,800,289	29,803,333
Property, Plant & Equipment	18,294,627	22,354,231	21,194,044	25,498,232	24,365,588	23,106,892
Long-Term Investments	12,327,067	3,209,901	2,989,758	2,658,132	1,818,203	1,783,048
Goodwill	905,917	959,254	1,057,973	1,265,740	1,473,507	1,681,274
Other Intangible Assets	635,249	642,275	606,683	627,112	660,498	709,830
Long-Term Accounts Receivable	9,388	9,388	10,411	7,168	-	-
Long-Term Deferred Tax Assets	201,707	215,572	160,892	128,286	30,995	32,269
Other Long-Term Assets	5,671,402	5,870,316	3,828,577	4,071,640	4,220,755	4,072,701
Total Assets	87,015,109	73,592,591	53,782,318	55,076,876	52,384,835	61,189,347
Accounts Payable	3,390,834	3,144,844	3,151,509	2,354,159	3,544,170	3,902,708
Accrued Expenses	2,261,579	2,504,111	2,151,114	2,003,308	2,004,868	1,885,143
Short-Term Debt	11,300,581	9,544,088	7,145,743	8,717,651	5,862,227	10,732,033
Current Portion of Long-Term Debt	2,603,113	2,624,283	1,093,321	2,916,328	2,639,829	1,639,047
Current Income Taxes Payable	228,645	1,150,300	506,575	336,994	154,194	139,953
Current Unearned Revenue	1,920,346	1,986,831	2,247,751	1,860,154	2,673,614	3,798,135
Other Current Liabilities	4,735,373	840,813	701,340	402,371	397,107	616,305
Total Current Liabilities	26,440,469	21,795,269	16,997,352	18,590,964	17,276,009	22,713,326
Long-Term Debt	21,379,402	1,139,152	1,136,440	1,133,728	9,489,579	13,641,226
Long-Term Leases	214,614	15,529,238	7,170,141	8,998,128	156,294	108,506
Long-Term Unearned Revenue	3,356,454	3,219,502	3,095,004	3,099,942	2,757,226	2,779,994
Long-Term Deferred Tax Liabilities	736,440	760,430	630,632	607,842	594,422	587,323
Other Long-Term Liabilities	950,594	975,395	1,494,788	1,422,513	1,067,927	861,171
Total Liabilities	53,077,973	43,418,986	30,524,358	33,853,117	31,341,457	40,691,545
Common Stock	9,023,989	9,023,989	8,594,298	8,514,958	8,514,958	8,514,958
Additional Paid-In Capital	662,913	662,913	663,004	663,218	663,218	663,218
Retained Earnings	9,467,953	7,991,880	4,607,753	3,048,134	2,776,269	2,735,164
Comprehensive Income & Other	137,521	137,542	130,959	126,042	122,611	125,971
Total Common Equity	19,292,376	17,816,324	13,996,014	12,352,352	12,077,056	12,039,311
Minority Interest	14,644,760	12,357,281	9,261,947	8,871,406	8,966,322	8,458,491
Shareholders' Equity	33,937,136	30,173,605	23,257,961	21,223,758	21,043,378	20,497,802
Total Liabilities & Equity	87,015,109	73,592,591	53,782,318	55,076,876	52,384,835	61,189,347
Total Debt	35,497,710	28,836,761	16,545,645	21,765,835	18,147,928	26,120,813
Net Cash (Debt)	-18,240,044	-10,210,025	-7,428,751	-14,168,887	-12,470,974	-13,841,002
Net Cash Per Share	-13907.80	-7802.97	-5714.14	-10929.39	-9619.68	-13140.21
Filing Date Shares Outstanding	1,308	1,308	1,308	1,296	1,296	1,296
Total Common Shares Outstanding	1,308	1,308	1,308	1,296	1,296	1,296
Working Capital	22,529,284	17,618,857	5,831,556	1,708,085	2,524,280	7,090,008
Book Value Per Share	14744.13	13616.06	10696.38	9528.18	9315.82	9286.71
Tangible Book Value	17,751,210	16,214,795	12,331,358	10,459,501	9,943,051	9,648,207
Tangible Book Value Per Share	13566.30	12392.10	9424.17	8068.10	7669.73	7442.29
Buildings	13,319,482	13,308,498	13,256,912	12,615,423	9,837,887	9,150,807
Machinery	12,281,144	12,285,595	11,376,651	16,820,538	16,248,772	16,071,343
Construction In Progress	6,111,262	9,979,449	7,928,773	7,325,895	8,071,980	6,546,365

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