The PAN Group JSC (HOSE:PAN)

The PAN Group 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	2,736,490	2,958,874	1,402,443	1,837,987	2,841,257	2,025,757
Short-Term Investments	1,345,895	711,323	624,639	796,904	51,747	199,533
Trading Asset Securities	2,225,400	3,136	4,299	2,956	96,705	904,265
Cash & Short-Term Investments	6,307,785	3,673,334	2,031,380	2,637,847	2,989,708	3,129,555
Cash Growth	-50.36%	80.83%	-22.99%	-11.77%	-4.47%	-7.57%
Accounts Receivable	2,074,978	1,201,174	1,398,484	1,302,024	921,352	888,838
Other Receivables	82,069	112,063	73,852	64,969	85,457	95,509
Receivables	2,218,354	1,356,253	2,224,250	1,941,422	1,461,887	1,329,095
Inventory	3,771,356	3,107,472	3,083,430	3,049,409	2,525,662	1,453,935
Prepaid Expenses	42,527	34,759	63,552	40,583	19,894	23,896
Other Current Assets	336,271	10,111,268	6,878,166	2,445,659	3,061,804	232,571
Total Current Assets	12,676,293	18,283,085	14,280,779	10,114,920	10,058,956	6,169,053
Property, Plant & Equipment	2,551,820	2,624,150	2,563,800	2,535,716	2,206,423	1,839,194
Long-Term Investments	26,062	226,122	525,202	514,453	268,228	884,746
Goodwill	59,476	78,555	104,815	168,384	233,850	298,681
Other Intangible Assets	1,588,952	1,657,894	1,749,447	1,826,909	1,982,389	1,725,062
Long-Term Deferred Tax Assets	31,917	42,887	31,656	21,788	17,355	19,752
Other Long-Term Assets	952,101	927,960	932,442	899,428	762,185	399,807
Total Assets	17,886,620	23,840,653	20,188,141	16,081,598	15,529,386	11,336,295
Accounts Payable	1,016,385	596,941	1,018,913	1,180,829	843,714	361,588
Accrued Expenses	1,109,499	1,130,763	1,080,456	1,122,731	790,046	426,370
Short-Term Debt	5,900,566	10,842,056	8,495,812	3,913,651	3,954,172	2,534,130
Current Portion of Long-Term Debt	-	650,970	-	1,323,784	-	26,492
Current Income Taxes Payable	61,186	100,188	80,595	35,590	31,792	23,890
Current Unearned Revenue	1,855	2,640	408.61	1,231	3,074	16.61
Other Current Liabilities	258,341	1,068,356	189,492	234,821	369,948	266,971
Total Current Liabilities	8,347,832	14,391,915	10,865,677	7,812,636	5,992,745	3,639,455
Long-Term Debt	511,712	206,653	602,733	4,215	1,152,068	1,258,250
Long-Term Unearned Revenue	-	366.5	-	-	-	-
Long-Term Deferred Tax Liabilities	326,654	335,347	340,504	350,808	378,662	229,353
Other Long-Term Liabilities	45,078	46,921	35,779	35,555	71,169	36,084
Total Liabilities	9,231,276	14,981,202	11,844,692	8,203,214	7,594,645	5,163,142
Common Stock	2,162,946	2,162,946	2,162,946	2,163,586	2,163,586	2,163,586
Additional Paid-In Capital	904,737	904,737	904,737	904,737	904,737	904,737
Retained Earnings	2,123,127	2,108,804	1,831,417	1,536,177	1,212,366	825,782
Treasury Stock	-167,189	-167,189	-167,189	-167,829	-167,829	-167,829
Comprehensive Income & Other	60,689	60,689	55,454	55,454	15,043	15,043
Total Common Equity	5,084,310	5,069,987	4,787,366	4,492,125	4,127,903	3,741,319
Minority Interest	3,571,035	3,789,464	3,556,082	3,386,259	3,806,838	2,431,835
Shareholders' Equity	8,655,344	8,859,451	8,343,448	7,878,384	7,934,741	6,173,154
Total Liabilities & Equity	17,886,620	23,840,653	20,188,141	16,081,598	15,529,386	11,336,295
Total Debt	6,412,278	11,699,679	9,098,545	5,241,650	5,106,239	3,818,872
Net Cash (Debt)	-104,493	-8,026,345	-7,067,165	-2,603,802	-2,116,531	-689,316
Net Cash Per Share	-500.22	-38422.91	-33831.22	-12464.66	-10132.05	-3260.62
Filing Date Shares Outstanding	208.89	208.89	208.89	208.89	208.89	208.89
Total Common Shares Outstanding	208.89	208.89	208.89	208.89	208.89	208.89
Working Capital	4,328,461	3,891,170	3,415,102	2,302,284	4,066,211	2,529,598
Book Value Per Share	24339.10	24270.53	22917.60	21504.25	19760.68	17910.07
Tangible Book Value	3,435,882	3,333,538	2,933,104	2,496,832	1,911,664	1,717,576
Tangible Book Value Per Share	16447.91	15957.98	14041.06	11952.58	9151.32	8222.21
Buildings	2,281,838	2,246,360	1,974,257	1,623,648	1,454,060	1,300,771
Machinery	2,941,575	2,875,584	2,600,881	2,310,997	2,164,242	2,044,963
Construction In Progress	234,736	180,897	191,112	535,359	470,937	42,952

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