Masan Consumer Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Cash & Equivalents	5,033,910	8,275,458	5,677,336	5,789,871	5,588,278	13,013,126
Short-Term Investments	3,271,016	2,097,418	371,215	7,829,078	9,305,364	178,230
Trading Asset Securities	2,502,874	2,400,813	-	2,592,780	1,202,172	-
Cash & Short-Term Investments	10,807,800	12,773,688	6,048,551	16,211,728	16,095,814	13,191,356
Cash Growth	4.66%	111.19%	-62.69%	0.72%	22.02%	227.26%
Accounts Receivable	1,193,444	1,064,170	1,031,310	1,068,838	663,868	600,955
Other Receivables	179,125	184,707	27,808	552,382	387,388	2,208,542
Receivables	1,372,568	1,493,854	1,304,095	5,113,650	7,098,447	6,896,079
Inventory	3,242,093	2,894,568	2,582,185	2,178,374	2,501,748	2,254,893
Prepaid Expenses	-	21,495	22,103	15,261	21,864	16,623
Other Current Assets	488,629	581,186	436,824	402,681	374,575	216,164
Total Current Assets	15,911,090	17,764,792	10,393,757	23,921,695	26,092,449	22,575,115
Property, Plant & Equipment	5,564,476	5,507,946	4,867,393	5,064,310	5,066,765	4,983,005
Long-Term Investments	10,016,755	416,187	346,526	294,757	249,392	249,392
Goodwill	77,426	93,855	102,664	125,666	153,033	239,097
Other Intangible Assets	641,908	656,853	714,028	763,264	836,443	931,370
Long-Term Deferred Tax Assets	380,232	363,450	428,335	394,127	250,748	307,835
Other Long-Term Assets	15,116	2,138,082	7,155,489	9,988,870	867,813	918,336
Total Assets	34,636,000	33,966,204	27,899,960	40,552,689	33,516,643	30,204,150

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Accounts Payable	2,664,342	2,523,888	2,314,640	2,023,712	1,495,520	1,573,394
Accrued Expenses	2,183,680	2,019,290	2,382,194	2,317,883	1,444,769	2,054,605
Short-Term Debt	7,161,747	7,169,251	8,839,258	7,876,997	6,012,687	7,030,094
Current Portion of Long-Term Debt	42,921	-	227,388	591,806	613,530	415,019
Current Income Taxes Payable	894,259	448,584	503,922	484,039	163,214	299,095
Current Unearned Revenue	114.79	98.34	-	-	-	-
Other Current Liabilities	355,059	480,608	332,789	434,311	331,509	510,889
Total Current Liabilities	13,302,122	12,641,720	14,600,190	13,728,747	10,061,228	11,883,096
Long-Term Debt	2,386,027	2,455,413	1,764,400	227,388	774,749	1,063,618
Long-Term Deferred Tax Liabilities	148,613	156,074	150,104	159,915	166,878	181,876
Other Long-Term Liabilities	45,027	50,855	57,440	61,080	68,142	69,867
Total Liabilities	15,881,790	15,304,062	16,572,134	14,177,130	11,070,998	13,198,456

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Common Stock	13,074,049	10,676,207	7,355,532	7,274,619	7,274,619	7,267,938
Additional Paid-In Capital	385,036	3,648,154	3,648,755	3,610,329	3,610,329	3,560,554
Retained Earnings	4,905,360	4,984,401	945,872	16,146,860	12,286,155	6,839,690
Treasury Stock	-	-994,666	-994,666	-994,666	-994,666	-994,666
Comprehensive Income & Other	-252,310	-252,431	-255,289	-257,452	-258,357	-258,787
Total Common Equity	18,112,135	18,061,665	10,700,203	25,779,689	21,918,079	16,414,730
Minority Interest	642,074	600,476	627,623	595,870	527,566	590,964
Shareholders' Equity	18,754,210	18,662,141	11,327,827	26,375,559	22,445,645	17,005,694
Total Liabilities & Equity	34,636,000	33,966,204	27,899,960	40,552,689	33,516,643	30,204,150

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 2026	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Total Debt	9,590,695	9,624,664	10,831,045	8,696,191	7,400,966	8,508,731
Net Cash (Debt)	1,217,105	3,149,024	-4,782,494	7,515,538	8,694,848	4,682,625
Net Cash Growth	75.71%	-	-	-13.56%	85.68%	-
Net Cash Per Share	937.48	2624.72	-5424.08	8634.69	9995.38	5424.06
Filing Date Shares Outstanding	1,307	1,284	880.22	870.39	870.39	863.18
Total Common Shares Outstanding	1,307	1,284	880.22	870.39	870.39	863.18
Working Capital	2,608,968	5,123,071	-4,206,432	10,192,948	16,031,221	10,692,019
Book Value Per Share	13853.50	14071.32	12156.32	29618.58	25181.93	19016.52
Tangible Book Value	17,392,801	17,310,957	9,883,512	24,890,759	20,928,603	15,244,263
Tangible Book Value Per Share	13303.30	13486.46	11228.49	28597.28	24045.11	17660.53
Buildings	3,057,647	3,013,136	2,814,239	2,795,421	2,741,198	2,585,592
Machinery	7,823,731	7,308,621	7,036,449	6,804,240	5,841,736	5,920,783
Construction In Progress	769,320	915,524	332,258	275,199	810,615	335,805
Leasehold Improvements	19,158	19,583	19,583	19,583	59,361	59,361