Nafoods Group JSC (HOSE: NAF)

Nafoods Group JSC Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,487,753	1,733,326	1,766,507	1,614,653	1,202,668	1,041,940
Revenue Growth (YoY)	-16.25%	-1.88%	9.40%	34.26%	15.43%	73.59%
Cost of Revenue	1,029,290	1,263,581	1,390,655	1,323,190	947,785	808,889
Gross Profit	458,463	469,744	375,852	291,464	254,884	233,051
Selling, General & Admin	280,602	305,377	256,378	182,598	143,550	147,875
Operating Expenses	280,602	305,377	256,378	182,598	143,550	147,875
Operating Income	177,862	164,367	119,474	108,866	111,334	85,176
Interest Expense	-47,944	-45,690	-27,402	-32,071	-41,526	-31,982
Interest & Investment Income	17,475	12,318	4,454	7,018	5,064	2,419
Earnings From Equity Investments	-	-	-774.75	75.03	189.74	1,212
Currency Exchange Gain (Loss)	-4,997	-4,525	4,613	3,992	-6,074	1,374
Other Non Operating Income (Expenses)	-10,837	5,923	-7,437	-2,377	-4,029	-3,287
EBT Excluding Unusual Items	131,559	132,394	92,927	85,503	64,958	54,914
Gain (Loss) on Sale of Investments	-	-	-	4,920	132.14	-8.37
Other Unusual Items	-	-	-	-	-	-2,482
Pretax Income	131,559	132,394	92,927	90,423	65,090	52,423
Income Tax Expense	25,223	22,464	13,085	12,818	3,776	4,504
Earnings From Continuing Operations	106,336	109,929	79,842	77,605	61,315	47,919
Minority Interest in Earnings	-127.18	-198.74	-128.95	-112.9	-125.02	-37.86
Net Income	106,209	109,731	79,713	77,492	61,190	47,881
Preferred Dividends & Other Adjustments	-	-	21,386	44,337	-	-
Net Income to Common	106,209	109,731	58,327	33,155	61,190	47,881
Net Income Growth	5.51%	37.66%	2.87%	26.64%	27.80%	76.69%
Shares Outstanding (Basic)	56	56	56	53	64	49
Shares Outstanding (Diluted)	56	56	56	53	64	49
Shares Change (YoY)	23.19%	0.05%	5.17%	-17.57%	30.82%	21.95%
EPS (Basic)	1899.02	1972.73	1049.09	627.15	954.09	976.67
EPS (Diluted)	1899.02	1972.73	1049.09	627.15	954.09	976.67
EPS Growth	8.75%	88.04%	67.28%	-34.27%	-2.31%	74.10%
Free Cash Flow	-296,603	-26,851	-82,012	3,943	12,859	-305,586
Free Cash Flow Per Share	-5303.27	-482.72	-1475.10	74.58	200.50	-6233.30
Gross Margin	30.82%	27.10%	21.28%	18.05%	21.19%	22.37%
Operating Margin	11.96%	9.48%	6.76%	6.74%	9.26%	8.17%
Profit Margin	7.14%	6.33%	3.30%	2.05%	5.09%	4.60%
Free Cash Flow Margin	-19.94%	-1.55%	-4.64%	0.24%	1.07%	-29.33%
EBITDA	254,930	223,190	148,681	135,710	134,275	107,697
EBITDA Margin	17.14%	12.88%	8.42%	8.40%	11.16%	10.34%
D&A For EBITDA	77,068	58,823	29,206	26,844	22,941	22,521
EBIT	177,862	164,367	119,474	108,866	111,334	85,176
EBIT Margin	11.96%	9.48%	6.76%	6.74%	9.26%	8.17%
Effective Tax Rate	19.17%	16.97%	14.08%	14.18%	5.80%	8.59%
Revenue as Reported	1,487,753	1,733,326	1,766,507	1,614,653	1,202,668	1,041,940

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