Phu Nhuan Jewelry JSC (HOSE:PNJ)

Phu Nhuan Jewelry JSC Income Statement

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	Jan 1, 2021
Revenue	33,933,738	37,822,837	33,136,929	33,876,455	19,547,058	17,510,789
Revenue Growth (YoY)	-13.00%	14.14%	-2.18%	73.31%	11.63%	3.00%
Cost of Revenue	26,856,765	31,149,335	27,078,338	27,949,348	15,948,760	14,076,056
Gross Profit	7,076,974	6,673,503	6,058,591	5,927,107	3,598,298	3,434,733
Selling, General & Admin	4,170,565	4,003,324	3,529,704	3,502,206	2,189,474	1,926,428
Operating Expenses	4,170,565	4,003,324	3,529,704	3,502,206	2,189,474	1,926,428
Operating Income	2,906,409	2,670,179	2,528,887	2,424,901	1,408,824	1,508,304
Interest Expense	-46,775	-46,775	-118,569	-94,143	-104,380	-154,417
Interest & Investment Income	47,062	47,062	78,562	20,219	267.48	251.77
Currency Exchange Gain (Loss)	1,309	1,309	11,358	-3,010	7,394	-1,571
Other Non Operating Income (Expenses)	-16,505	-20,762	-11,478	-35,639	-32,874	-6,588
EBT Excluding Unusual Items	2,891,500	2,651,012	2,488,760	2,312,328	1,279,231	1,345,980
Pretax Income	2,891,500	2,651,012	2,488,760	2,312,328	1,279,231	1,345,980
Income Tax Expense	550,196	538,096	517,661	501,636	250,188	276,670
Earnings From Continuing Operations	2,341,304	2,112,916	1,971,099	1,810,692	1,029,042	1,069,310
Net Income	2,341,304	2,112,916	1,971,099	1,810,692	1,029,042	1,069,310
Preferred Dividends & Other Adjustments	197,904	197,904	187,977	139,423	63,800	89,544
Net Income to Common	2,143,400	1,915,012	1,783,122	1,671,269	965,242	979,766
Net Income Growth	16.27%	7.20%	8.86%	75.96%	-3.77%	-10.44%
Shares Outstanding (Basic)	337	335	328	312	303	303
Shares Outstanding (Diluted)	337	335	328	312	303	303
Shares Change (YoY)	0.70%	2.19%	5.00%	3.04%	-0.03%	0.27%
EPS (Basic)	6355.44	5713.15	5436.35	5350.11	3183.98	3230.81
EPS (Diluted)	6355.29	5713.00	5436.00	5350.11	3183.98	3230.81
EPS Growth	16.60%	5.10%	1.60%	68.03%	-1.45%	-12.01%
Free Cash Flow	41,172	-7,221	1,424,626	48,197	-783,671	1,411,478
Free Cash Flow Per Share	122.08	-21.54	4343.38	154.29	-2585.05	4654.40
Dividend Per Share	1400.000	2000.000	2000.000	1850.000	1500.000	1500.000
Dividend Growth	-30.00%	-	8.11%	23.33%	-	11.11%
Gross Margin	20.86%	17.64%	18.28%	17.50%	18.41%	19.61%
Operating Margin	8.57%	7.06%	7.63%	7.16%	7.21%	8.61%
Profit Margin	6.32%	5.06%	5.38%	4.93%	4.94%	5.59%
Free Cash Flow Margin	0.12%	-0.02%	4.30%	0.14%	-4.01%	8.06%
EBITDA	2,960,861	2,733,277	2,610,144	2,504,417	1,483,942	1,580,459
EBITDA Margin	8.72%	7.23%	7.88%	7.39%	7.59%	9.03%
D&A For EBITDA	54,452	63,099	81,257	79,516	75,118	72,155
EBIT	2,906,409	2,670,179	2,528,887	2,424,901	1,408,824	1,508,304
EBIT Margin	8.57%	7.06%	7.63%	7.16%	7.21%	8.61%
Effective Tax Rate	19.03%	20.30%	20.80%	21.69%	19.56%	20.55%
Revenue as Reported	33,933,738	37,822,837	33,136,929	33,876,455	19,547,058	17,510,789

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.