Ba Ria - Vung Tau House Development JSC (HOSE: HDC)

HOSE: HDC Income Statement

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

Fiscal Year	TTM	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 31, 2022	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Revenue	1,298,031	1,298,031	1,352,323	838,973	824,544	715,260
Revenue Growth (YoY)	80.52%	-4.01%	61.19%	1.75%	15.28%	74.40%
Cost of Revenue	818,785	818,785	866,463	464,359	585,553	539,050
Gross Profit	479,246	479,246	485,860	374,613	238,991	176,211
Selling, General & Admin	70,379	70,379	63,074	52,926	49,038	46,684
Operating Expenses	70,379	70,379	63,074	52,926	49,038	46,684
Operating Income	408,867	408,867	422,786	321,687	189,953	129,527
Interest Expense	-83,546	-83,546	-41,795	-37,727	-18,118	-17,905
Interest & Investment Income	5,174	5,174	5,196	5,579	7,244	8,169
Earnings From Equity Investments	-7,385	-7,385	1,438	65.81	-757.47	211.77
Currency Exchange Gain (Loss)	179.71	179.71	-	-3	-27.15	-
Other Non Operating Income (Expenses)	2,415	2,415	2,672	-1,361	-1,086	46.74
EBT Excluding Unusual Items	325,704	325,704	390,297	288,241	177,208	120,049
Gain (Loss) on Sale of Investments	214,402	214,402	0.47	0.1	-0.21	0.16
Gain (Loss) on Sale of Assets	213.81	213.81	389.67	-95.75	6,473	10,653
Other Unusual Items	7.12	7.12	-	518.37	-	-
Pretax Income	540,328	540,328	390,687	288,664	183,681	130,703
Income Tax Expense	119,708	119,708	79,438	57,384	37,676	24,730
Earnings From Continuing Operations	420,619	420,619	311,249	231,281	146,005	105,973
Minority Interest in Earnings	-1,252	-1,252	-1,910	-1,125	-1,322	-1,329
Net Income	419,367	419,367	309,339	230,156	144,683	104,644
Preferred Dividends & Other Adjustments	-	-	39,351	28,200	-	11,569
Net Income to Common	419,367	419,367	269,989	201,956	144,683	93,075
Net Income Growth	244.17%	35.57%	34.40%	59.08%	38.26%	30.35%
Shares Outstanding (Basic)	140	140	149	139	141	141
Shares Outstanding (Diluted)	140	140	149	139	141	141
Shares Change (YoY)	1.22%	-6.14%	7.40%	-1.13%	-0.30%	-1.86%
EPS (Basic)	2990.79	2990.79	1807.16	1451.75	1028.34	659.54
EPS (Diluted)	2990.79	2990.79	1807.16	1451.75	1028.34	659.54
EPS Growth	256.98%	65.50%	24.48%	41.17%	55.92%	35.73%
Free Cash Flow	66,705	66,705	-330,016	-33,815	70,670	-204,529
Free Cash Flow Per Share	475.72	475.72	-2208.96	-243.08	502.29	-1449.32
Gross Margin	36.92%	36.92%	35.93%	44.65%	28.98%	24.64%
Operating Margin	31.50%	31.50%	31.26%	38.34%	23.04%	18.11%
Profit Margin	32.31%	32.31%	19.96%	24.07%	17.55%	13.01%
Free Cash Flow Margin	5.14%	5.14%	-24.40%	-4.03%	8.57%	-28.60%
EBITDA	424,894	424,894	438,544	334,404	196,607	135,783
EBITDA Margin	32.73%	32.73%	32.43%	39.86%	23.84%	18.98%
D&A For EBITDA	16,027	16,027	15,757	12,717	6,654	6,257
EBIT	408,867	408,867	422,786	321,687	189,953	129,527
EBIT Margin	31.50%	31.50%	31.26%	38.34%	23.04%	18.11%
Effective Tax Rate	22.15%	22.15%	20.33%	19.88%	20.51%	18.92%
Revenue as Reported	1,298,031	1,298,031	1,352,323	838,973	824,544	715,260

Source: S&P Capital IQ. Standard template. Financial Sources.