Gemadept 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	1,618,301	3,964,317	1,471,676	1,364,350	637,349
Short-Term Investments	2,656,596	1,012,300	345,719	64,295	21,990
Trading Asset Securities	-	8,906	13,148	17,936	29,841
Cash & Short-Term Investments	4,274,897	4,985,523	1,830,543	1,446,580	689,181
Cash Growth	-14.25%	172.35%	26.54%	109.90%	52.77%
Accounts Receivable	626,424	550,437	549,795	530,637	426,328
Other Receivables	220,078	64,391	52,083	63,093	131,732
Receivables	907,426	645,751	899,886	618,354	577,683
Inventory	86,478	83,420	68,170	82,532	68,713
Prepaid Expenses	48,958	20,331	7,950	12,708	13,619
Other Current Assets	792,557	938,543	573,652	458,553	340,284
Total Current Assets	6,110,316	6,673,568	3,380,201	2,618,727	1,689,479
Property, Plant & Equipment	6,624,789	5,504,215	5,666,981	5,790,841	4,630,892
Long-Term Investments	4,936,643	3,854,379	3,124,651	3,065,415	2,830,079
Goodwill	155,050	131,117	158,721	186,324	213,928
Other Intangible Assets	245,427	247,081	258,390	385,423	389,696
Long-Term Deferred Tax Assets	293,714	246,350	184,953	151,296	132,522
Other Long-Term Assets	1,403,377	1,333,043	764,029	824,526	836,514
Total Assets	19,777,416	17,997,853	13,546,025	13,030,653	10,731,211
Accounts Payable	565,556	486,687	517,924	838,451	380,603
Accrued Expenses	884,440	556,043	629,360	480,704	718,707
Short-Term Debt	80,014	62,722	63,359	177,454	521,830
Current Portion of Long-Term Debt	227,508	359,296	357,760	330,005	297,305
Current Portion of Leases	-	21.29	24,241	35,957	41,331
Current Income Taxes Payable	126,692	50,657	54,959	40,080	24,455
Current Unearned Revenue	7,776	1,216	8,478	1,039	1,314
Other Current Liabilities	458,307	584,115	259,257	1,306,889	277,176
Total Current Liabilities	2,350,293	2,100,758	1,915,337	3,210,579	2,262,721
Long-Term Debt	2,081,640	1,745,343	1,518,368	1,462,501	1,004,364
Long-Term Leases	-	-	20.31	23,662	56,879
Long-Term Unearned Revenue	254,432	264,120	275,267	290,603	276,219
Other Long-Term Liabilities	231,012	115,705	104,659	95,552	86,410
Total Liabilities	4,917,377	4,225,927	3,813,651	5,082,897	3,686,593
Common Stock	4,264,951	4,139,826	3,058,986	3,013,780	3,013,780
Additional Paid-In Capital	3,920,183	3,920,183	1,941,832	1,941,832	1,941,832
Retained Earnings	4,231,017	3,690,032	3,024,819	1,380,023	813,857
Comprehensive Income & Other	668,929	631,848	554,849	590,417	549,493
Total Common Equity	13,085,080	12,381,889	8,580,485	6,926,052	6,318,961
Minority Interest	1,774,959	1,390,037	1,151,889	1,021,704	725,658
Shareholders' Equity	14,860,039	13,771,926	9,732,374	7,947,756	7,044,618
Total Liabilities & Equity	19,777,416	17,997,853	13,546,025	13,030,653	10,731,211
Total Debt	2,389,162	2,167,383	1,963,748	2,029,579	1,921,710
Net Cash (Debt)	1,885,735	2,818,140	-133,205	-582,999	-1,232,529
Net Cash Growth	-33.09%	-	-	-	-
Net Cash Per Share	4481.69	8833.06	-439.50	-1934.44	-4089.65
Filing Date Shares Outstanding	426.5	413.98	305.9	301.38	301.38
Total Common Shares Outstanding	426.5	413.98	305.9	301.38	301.38
Working Capital	3,760,023	4,572,809	1,464,864	-591,852	-573,241
Book Value Per Share	30680.49	29909.20	28050.10	22981.28	20966.90
Tangible Book Value	12,684,602	12,003,691	8,163,375	6,354,305	5,715,337
Tangible Book Value Per Share	29741.50	28995.64	26686.54	21084.17	18964.02
Buildings	3,363,826	2,181,873	2,242,843	2,156,309	2,122,404
Machinery	4,869,796	4,090,103	3,991,985	3,535,109	3,102,565
Construction In Progress	1,240,716	1,718,133	1,759,344	2,790,193	1,746,638

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