Dry Cell and Storage Battery JSC (HOSE: PAC)

PAC 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	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021	Jan 1, 2020
Revenue	3,305,978	3,184,947	3,398,698	3,048,518	2,954,018	3,078,987
Revenue Growth (YoY)	10.92%	-6.29%	11.49%	3.20%	-4.06%	1.31%
Cost of Revenue	2,842,838	2,640,964	2,912,183	2,586,935	2,449,639	2,585,590
Gross Profit	463,140	543,983	486,515	461,583	504,379	493,396
Selling, General & Admin	283,357	371,441	249,129	273,415	301,999	279,162
Other Operating Expenses	1,513	1,513	4,009	-	-	-
Operating Expenses	284,870	372,954	253,139	273,415	301,999	279,162
Operating Income	178,270	171,029	233,377	188,167	202,380	214,234
Interest Expense	-44,645	-59,363	-53,135	-45,932	-60,776	-58,855
Interest & Investment Income	39,227	43,528	53,858	58,577	50,011	50,678
Currency Exchange Gain (Loss)	486.89	-1,384	-29,121	7,909	-2,793	97.07
Other Non Operating Income (Expenses)	1,105	515.22	-108.72	-1,249	631.92	5,827
EBT Excluding Unusual Items	174,443	154,325	204,870	207,472	189,454	211,981
Gain (Loss) on Sale of Assets	-	-	-	266.43	53.1	-
Pretax Income	174,443	154,325	204,870	222,412	189,507	211,981
Income Tax Expense	45,142	39,123	48,482	48,585	40,925	45,286
Earnings From Continuing Operations	129,301	115,202	156,388	173,827	148,583	166,695
Net Income	129,301	115,202	156,388	173,827	148,583	166,695
Preferred Dividends & Other Adjustments	12,930	11,520	14,792	17,383	13,372	16,669
Net Income to Common	116,371	103,682	141,596	156,444	135,210	150,025
Net Income Growth	25.20%	-26.34%	-10.03%	16.99%	-10.87%	-1.34%
Shares Outstanding (Basic)	46	46	46	46	46	46
Shares Outstanding (Diluted)	46	46	46	46	46	46
EPS (Basic)	2504.12	2231.08	3046.92	3366.44	2909.52	3228.32
EPS (Diluted)	2504.12	2231.08	3046.92	3366.44	2909.52	3228.32
EPS Growth	24.07%	-26.78%	-9.49%	15.70%	-9.88%	-1.83%
Free Cash Flow	5,709	151,431	-223,504	142,859	128,825	25,483
Free Cash Flow Per Share	122.85	3258.57	-4809.45	3074.11	2772.11	548.36
Dividend Per Share	1000.000	1500.000	1700.000	1500.000	1500.000	2000.000
Dividend Growth	-16.67%	-11.76%	13.33%	0%	-25.00%	0%
Gross Margin	14.01%	17.08%	14.31%	15.14%	17.07%	16.02%
Operating Margin	5.39%	5.37%	6.87%	6.17%	6.85%	6.96%
Profit Margin	3.52%	3.26%	4.17%	5.13%	4.58%	4.87%
Free Cash Flow Margin	0.17%	4.75%	-6.58%	4.69%	4.36%	0.83%
EBITDA	257,934	256,465	324,714	270,635	283,580	300,437
EBITDA Margin	7.80%	8.05%	9.55%	8.88%	9.60%	9.76%
D&A For EBITDA	79,665	85,437	91,337	82,468	81,200	86,203
EBIT	178,270	171,029	233,377	188,167	202,380	214,234
EBIT Margin	5.39%	5.37%	6.87%	6.17%	6.85%	6.96%
Effective Tax Rate	25.88%	25.35%	23.66%	21.84%	21.60%	21.36%
Revenue as Reported	3,305,978	3,184,947	3,398,698	3,048,518	2,954,018	3,078,987
Advertising Expenses	-	138,894	25,987	50,924	72,000	68,923

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