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 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	468,595	546,228	665,457	1,298,031	1,352,323	838,973
Revenue Growth (YoY)	-63.90%	-17.92%	-48.73%	-4.01%	61.19%	1.75%
Cost of Revenue	300,129	325,857	367,921	818,785	866,463	464,359
Gross Profit	168,466	220,371	297,536	479,246	485,860	374,613
Selling, General & Admin	61,073	57,125	57,998	70,379	63,074	52,926
Operating Expenses	61,073	57,125	57,998	70,379	63,074	52,926
Operating Income	107,393	163,247	239,538	408,867	422,786	321,687
Interest Expense	-55,663	-55,663	-83,740	-83,546	-41,795	-37,727
Interest & Investment Income	21,749	21,749	6,157	5,174	5,196	5,579
Earnings From Equity Investments	27,793	5,227	1,048	-7,385	1,438	65.81
Currency Exchange Gain (Loss)	75.61	75.61	102.12	179.71	-	-3
Other Non Operating Income (Expenses)	10,891	-44,901	9.2	2,415	2,672	-1,361
EBT Excluding Unusual Items	112,239	89,734	163,114	325,704	390,297	288,241
Gain (Loss) on Sale of Investments	-	-	21.03	214,402	0.47	0.1
Gain (Loss) on Sale of Assets	-	-	259.06	213.81	389.67	-95.75
Other Unusual Items	-	-	431.65	7.12	-	518.37
Pretax Income	112,239	89,734	163,826	540,328	390,687	288,664
Income Tax Expense	25,184	22,829	31,853	119,708	79,438	57,384
Earnings From Continuing Operations	87,055	66,905	131,972	420,619	311,249	231,281
Minority Interest in Earnings	-1,160	-847.86	-328.65	-1,252	-1,910	-1,125
Net Income	85,895	66,057	131,643	419,367	309,339	230,156
Preferred Dividends & Other Adjustments	-	-	1,501	-	39,351	28,200
Net Income to Common	85,895	66,057	130,143	419,367	269,989	201,956
Net Income Growth	-79.52%	-49.82%	-68.61%	35.57%	34.40%	59.08%
Shares Outstanding (Basic)	178	152	122	140	149	139
Shares Outstanding (Diluted)	178	152	122	140	149	139
Shares Change (YoY)	27.20%	24.62%	-12.99%	-6.14%	7.40%	-1.13%
EPS (Basic)	481.59	434.48	1066.72	2990.79	1807.16	1451.75
EPS (Diluted)	481.59	434.48	1066.72	2990.79	1807.16	1451.75
EPS Growth	-83.90%	-59.27%	-64.33%	65.50%	24.48%	41.17%
Free Cash Flow	-59,260	-135,192	176,597	66,705	-330,016	-33,815
Free Cash Flow Per Share	-332.26	-889.20	1447.49	475.72	-2208.96	-243.08
Gross Margin	35.95%	40.34%	44.71%	36.92%	35.93%	44.65%
Operating Margin	22.92%	29.89%	36.00%	31.50%	31.26%	38.34%
Profit Margin	18.33%	12.09%	19.56%	32.31%	19.96%	24.07%
Free Cash Flow Margin	-12.65%	-24.75%	26.54%	5.14%	-24.40%	-4.03%
EBITDA	123,064	179,087	255,738	424,894	438,544	334,404
EBITDA Margin	26.26%	32.79%	38.43%	32.73%	32.43%	39.86%
D&A For EBITDA	15,672	15,840	16,200	16,027	15,757	12,717
EBIT	107,393	163,247	239,538	408,867	422,786	321,687
EBIT Margin	22.92%	29.89%	36.00%	31.50%	31.26%	38.34%
Effective Tax Rate	22.44%	25.44%	19.44%	22.16%	20.33%	19.88%
Revenue as Reported	468,595	546,228	665,457	1,298,031	1,352,323	838,973

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