Vnsteel - Ho Chi Minh City Metal Corporation (HOSE:HMC)

HOSE:HMC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2021	Jan 1, 2021	Jan 1, 2020
Revenue	5,276,620	4,235,459	3,119,519	3,830,565	3,630,935	4,493,957
Revenue Growth (YoY)	69.15%	35.77%	-18.56%	5.50%	-19.20%	17.43%
Cost of Revenue	5,149,889	4,143,113	3,036,653	3,578,748	3,464,395	4,415,300
Gross Profit	126,730	92,346	82,865	251,817	166,540	78,657
Selling, General & Admin	97,288	71,681	61,611	88,839	88,522	55,056
Operating Expenses	97,288	71,681	61,611	88,839	88,522	55,056
Operating Income	29,442	20,666	21,254	162,978	78,018	23,601
Interest Expense	-30,281	-21,070	-21,763	-10,925	-10,720	-29,064
Interest & Investment Income	15,188	21,010	14,214	9,329	10,268	10,998
Currency Exchange Gain (Loss)	3,732	-1,674	2,947	3,886	2,953	3,042
Other Non Operating Income (Expenses)	20,914	9,824	12,378	6,665	-33,090	7,569
EBT Excluding Unusual Items	38,995	28,755	29,031	171,933	47,429	16,146
Gain (Loss) on Sale of Investments	1,329	1,013	-3,333	5,865	7,820	2,875
Gain (Loss) on Sale of Assets	-	-	147.93	-	87.91	-
Pretax Income	40,324	29,769	25,846	177,798	55,336	19,021
Income Tax Expense	6,255	4,200	4,697	35,703	17,410	7,620
Net Income	34,069	25,568	21,149	142,094	37,926	11,401
Preferred Dividends & Other Adjustments	-	-	3,173	-	-	-
Net Income to Common	34,069	25,568	17,977	142,094	37,926	11,401
Net Income Growth	61.09%	20.89%	-85.12%	274.66%	232.65%	-88.39%
Shares Outstanding (Basic)	27	27	27	27	27	27
Shares Outstanding (Diluted)	27	27	27	27	27	27
EPS (Basic)	1247.96	936.57	658.49	5204.92	1389.23	417.62
EPS (Diluted)	1247.96	936.57	658.49	5204.92	1389.23	417.62
EPS Growth	89.52%	42.23%	-87.35%	274.66%	232.65%	-88.39%
Free Cash Flow	-108,043	-386,847	315,213	17,039	13,627	249,227
Free Cash Flow Per Share	-3957.62	-14170.22	11546.27	624.14	499.16	9129.18
Dividend Per Share	-	-	800.000	3461.539	1307.692	384.615
Dividend Growth	-	-	-76.89%	164.71%	240.00%	-85.71%
Gross Margin	2.40%	2.18%	2.66%	6.57%	4.59%	1.75%
Operating Margin	0.56%	0.49%	0.68%	4.25%	2.15%	0.53%
Profit Margin	0.65%	0.60%	0.58%	3.71%	1.04%	0.25%
Free Cash Flow Margin	-2.05%	-9.13%	10.11%	0.45%	0.38%	5.55%
EBITDA	37,033	28,700	29,523	171,836	87,503	33,823
EBITDA Margin	0.70%	0.68%	0.95%	4.49%	2.41%	0.75%
D&A For EBITDA	7,591	8,034	8,269	8,858	9,485	10,222
EBIT	29,442	20,666	21,254	162,978	78,018	23,601
EBIT Margin	0.56%	0.49%	0.68%	4.25%	2.15%	0.53%
Effective Tax Rate	15.51%	14.11%	18.17%	20.08%	31.46%	40.06%
Revenue as Reported	5,276,620	4,235,459	3,119,519	3,830,565	3,630,935	4,493,957

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