HOSE:NSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Cash & Equivalents	243,194	382,170	278,671	478,493	407,898	311,757
Short-Term Investments	418,111	148,457	2,027	60,000	6,800	4,900
Cash & Short-Term Investments	661,305	530,627	280,698	538,493	414,698	316,657
Cash Growth	204.80%	89.04%	-47.87%	29.85%	30.96%	18.21%
Accounts Receivable	170,232	300,334	270,952	219,959	223,161	255,670
Other Receivables	20,388	11,509	18,179	15,335	15,087	11,209
Receivables	190,620	411,843	389,131	335,294	238,249	266,879
Inventory	894,895	796,466	553,663	438,154	466,321	422,417
Prepaid Expenses	16,354	3,864	2,667	5,825	1,876	4,662
Other Current Assets	71,482	50,720	64,388	48,251	54,344	33,314
Total Current Assets	1,834,655	1,793,520	1,290,546	1,366,016	1,175,488	1,043,930
Property, Plant & Equipment	503,819	516,936	557,450	530,910	521,039	534,745
Long-Term Investments	26,062	26,062	26,062	26,062	26,062	26,062
Goodwill	-	-	5,809	29,098	52,527	75,956
Other Intangible Assets	216,636	216,631	220,918	219,766	212,018	215,267
Long-Term Deferred Tax Assets	7,473	8,401	11,039	6,942	5,916	6,812
Other Long-Term Assets	45,271	46,947	43,039	42,371	32,680	29,188
Total Assets	2,633,915	2,608,497	2,154,864	2,221,165	2,025,729	1,931,959
Accounts Payable	50,973	79,874	119,991	121,848	130,973	101,046
Accrued Expenses	68,611	85,461	79,913	79,746	116,552	120,139
Short-Term Debt	697,396	591,408	195,465	315,822	220,999	200,667
Current Income Taxes Payable	10,798	28,737	20,693	22,413	2,684	5,735
Current Unearned Revenue	685.24	280.75	320.19	-	60,000	-
Other Current Liabilities	129,207	141,616	185,203	203,086	111,626	167,791
Total Current Liabilities	957,671	927,376	601,585	742,914	642,834	595,378
Long-Term Deferred Tax Liabilities	31,335	31,338	31,361	31,373	31,398	31,785
Other Long-Term Liabilities	1,159	1,159	1,273	742.96	239.47	162.71
Total Liabilities	990,164	959,873	634,219	775,030	674,471	627,326
Common Stock	175,870	175,870	175,870	175,870	175,870	175,870
Additional Paid-In Capital	331,246	331,246	331,246	331,246	331,246	331,246
Retained Earnings	1,029,939	1,034,619	911,831	849,307	757,679	714,624
Treasury Stock	-50	-50	-50	-50	-50	-50
Comprehensive Income & Other	7,958	7,958	7,958	-	-	-
Total Common Equity	1,544,963	1,549,643	1,426,855	1,356,372	1,264,745	1,221,690
Minority Interest	98,788	98,981	93,790	89,763	86,514	82,943
Shareholders' Equity	1,643,751	1,648,624	1,520,645	1,446,135	1,351,258	1,304,633
Total Liabilities & Equity	2,633,915	2,608,497	2,154,864	2,221,165	2,025,729	1,931,959
Total Debt	697,396	591,408	195,465	315,822	220,999	200,667
Net Cash (Debt)	-36,091	-60,781	85,233	222,672	193,699	115,990
Net Cash Growth	-	-	-61.72%	14.96%	67.00%	33.31%
Net Cash Per Share	-2053.62	-3458.50	4849.83	12670.14	11021.58	6599.87
Filing Date Shares Outstanding	17.57	17.57	17.57	17.57	17.57	17.57
Total Common Shares Outstanding	17.57	17.57	17.57	17.57	17.57	17.57
Working Capital	876,984	866,144	688,961	623,102	532,654	448,552
Book Value Per Share	87909.26	88175.55	81188.85	77178.35	71964.69	69514.84
Tangible Book Value	1,328,327	1,333,012	1,200,127	1,107,508	1,000,200	930,467
Tangible Book Value Per Share	75582.57	75849.13	68287.92	63017.86	56911.93	52944.10
Buildings	571,885	586,362	577,804	538,353	518,151	499,255
Machinery	427,844	428,084	417,986	384,025	347,289	338,820
Construction In Progress	-	-	10,580	7,733	12,454	14,665

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