Song Hong Garment JSC (HOSE:MSH)

Song Hong Garment JSC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,252,790	886,350	455,324	424,038	378,601	136,083
Short-Term Investments	276,622	618,945	971,657	955,927	468,441	837,830
Cash & Short-Term Investments	1,529,413	1,505,295	1,426,981	1,379,964	847,042	973,913
Cash Growth	8.84%	5.49%	3.41%	62.92%	-13.03%	14.64%
Accounts Receivable	544,830	933,900	549,665	306,948	584,062	365,831
Other Receivables	26,228	16,156	11,427	5,607	5,837	4,443
Receivables	571,058	950,057	561,091	312,554	589,899	370,274
Inventory	847,921	645,400	506,531	603,115	938,431	614,973
Prepaid Expenses	8,734	5,739	6,909	7,827	7,575	5,394
Other Current Assets	88,269	143,125	51,082	38,333	106,421	36,690
Total Current Assets	3,045,396	3,249,616	2,552,594	2,341,794	2,489,368	2,001,243
Property, Plant & Equipment	1,169,467	1,164,400	822,545	852,986	649,657	555,889
Long-Term Investments	29,704	34,460	-	-	-	-
Other Intangible Assets	9,476	8,469	10,743	10,470	9,291	12,982
Other Long-Term Assets	90,032	66,243	67,207	88,947	54,320	57,642
Total Assets	4,344,075	4,523,189	3,453,089	3,294,196	3,202,637	2,627,755
Accounts Payable	251,431	192,534	123,235	241,850	220,322	145,714
Accrued Expenses	525,647	727,375	596,731	550,690	658,014	468,950
Short-Term Debt	763,772	36,000	24,000	-	552,060	497,137
Current Portion of Long-Term Debt	-	776,672	502,786	376,478	-	-
Current Income Taxes Payable	23,303	80,068	38,962	32,802	25,435	10,142
Other Current Liabilities	35,045	47,483	49,708	67,412	72,991	63,612
Total Current Liabilities	1,599,197	1,860,133	1,335,421	1,269,232	1,528,822	1,185,555
Long-Term Debt	602,303	607,523	307,913	305,913	178,413	-
Total Liabilities	2,201,500	2,467,656	1,643,334	1,575,145	1,707,236	1,185,555
Common Stock	750,141	750,141	750,141	750,141	500,094	500,094
Retained Earnings	1,122,526	1,038,263	896,252	857,191	919,884	866,552
Comprehensive Income & Other	7,650	7,650	-	1,972	1,972	2,088
Total Common Equity	1,880,317	1,796,054	1,646,393	1,609,305	1,421,950	1,368,734
Minority Interest	262,258	259,479	163,362	109,746	73,451	73,466
Shareholders' Equity	2,142,575	2,055,533	1,809,755	1,719,051	1,495,401	1,442,200
Total Liabilities & Equity	4,344,075	4,523,189	3,453,089	3,294,196	3,202,637	2,627,755
Total Debt	1,366,075	1,420,195	834,699	682,391	730,474	497,137
Net Cash (Debt)	163,338	85,100	592,282	697,573	116,569	476,776
Net Cash Growth	-51.12%	-85.63%	-15.09%	498.42%	-75.55%	33.59%
Net Cash Per Share	1451.56	756.30	5263.74	6199.48	1035.97	4237.21
Filing Date Shares Outstanding	112.52	112.52	112.52	112.52	112.52	112.52
Total Common Shares Outstanding	112.52	112.52	112.52	112.52	112.52	112.52
Working Capital	1,446,199	1,389,483	1,217,173	1,072,562	960,546	815,687
Book Value Per Share	16710.79	15961.92	14631.85	14302.24	12637.18	12164.24
Tangible Book Value	1,870,841	1,787,585	1,635,650	1,598,835	1,412,659	1,355,752
Tangible Book Value Per Share	16626.57	15886.66	14536.38	14209.19	12554.61	12048.87
Buildings	-	1,351,236	1,348,517	1,295,595	975,975	955,810
Machinery	-	792,922	746,378	737,518	597,708	545,619
Construction In Progress	432,696	473,271	59,468	21,705	159,091	14,286

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