Thuan Duc JSC 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,075,152	1,059,186	626,001	260,494	353,696	132,142
Short-Term Investments	444,816	433,216	412,465	458,136	342,108	218,425
Cash & Short-Term Investments	1,519,968	1,492,402	1,038,465	718,631	695,804	350,567
Cash Growth	46.37%	43.71%	44.51%	3.28%	98.48%	86.88%
Accounts Receivable	475,305	413,774	420,009	353,653	349,065	257,615
Other Receivables	35,682	16,018	15,004	20,670	21,002	10,850
Receivables	510,987	429,792	509,488	374,322	374,117	347,366
Inventory	1,193,184	1,139,130	1,187,604	1,352,514	963,753	910,980
Prepaid Expenses	8,334	5,720	6,060	6,128	5,924	2,212
Other Current Assets	234,515	291,872	235,869	220,973	279,871	173,960
Total Current Assets	3,466,987	3,358,916	2,977,486	2,672,568	2,319,469	1,785,085
Property, Plant & Equipment	394,934	404,704	442,471	492,210	534,755	516,385
Long-Term Investments	694,763	357,347	359,785	334,969	191,965	191,272
Other Intangible Assets	918.32	1,085	1,756	2,462	2,596	1,083
Long-Term Deferred Tax Assets	1,827	2,002	1,326	143.47	2,276	2,043
Other Long-Term Assets	16,375	161,960	157,943	158,786	264,398	243,218
Total Assets	4,575,805	4,472,014	3,943,916	3,671,189	3,321,459	2,739,086
Accounts Payable	208,752	309,444	272,296	284,290	162,343	202,424
Accrued Expenses	65,868	35,383	28,017	23,180	28,864	30,256
Short-Term Debt	2,743,314	2,638,719	2,285,521	2,184,480	1,983,152	1,353,502
Current Portion of Long-Term Debt	-	4,507	2,859	14,141	-	47,319
Current Portion of Leases	-	10,974	8,053	11,811	-	8,769
Current Income Taxes Payable	-	33,666	35,879	26,703	26,502	23,815
Current Unearned Revenue	2,059	2,817	5,702	2,179	491.88	-
Other Current Liabilities	67,708	62,794	45,060	64,622	16,406	34,556
Total Current Liabilities	3,087,701	3,098,303	2,683,387	2,611,406	2,217,760	1,700,641
Long-Term Debt	254,653	234,577	229,999	183,844	283,468	292,841
Long-Term Leases	-	19,954	9,148	17,329	-	22,387
Other Long-Term Liabilities	2,624	2,889	1,479	2,539	4,068	2,873
Total Liabilities	3,344,979	3,355,724	2,924,013	2,815,118	2,505,295	2,018,743
Common Stock	936,996	882,223	882,223	755,280	674,359	602,109
Additional Paid-In Capital	50,358	22,990	23,173	-	-	-
Retained Earnings	245,970	213,575	117,006	103,289	144,302	120,731
Comprehensive Income & Other	-2,498	-2,498	-2,498	-2,498	-2,498	-2,498
Shareholders' Equity	1,230,826	1,116,290	1,019,904	856,071	816,164	720,343
Total Liabilities & Equity	4,575,805	4,472,014	3,943,916	3,671,189	3,321,459	2,739,086
Total Debt	2,997,967	2,908,730	2,535,580	2,411,606	2,266,620	1,724,819
Net Cash (Debt)	-1,478,000	-1,416,328	-1,497,115	-1,692,975	-1,570,817	-1,374,252
Net Cash Per Share	-15666.91	-15115.63	-17321.82	-20263.49	-18907.03	-16541.03
Filing Date Shares Outstanding	91	88.22	88.22	83.08	83.08	83.08
Total Common Shares Outstanding	91	88.22	88.22	83.08	83.08	83.08
Working Capital	379,286	260,613	294,099	61,162	101,710	84,444
Book Value Per Share	13525.94	12653.16	11560.62	10304.08	9823.70	8670.32
Tangible Book Value	1,229,908	1,115,205	1,018,147	853,609	813,568	719,259
Tangible Book Value Per Share	13515.85	12640.85	11540.71	10274.44	9792.46	8657.28
Buildings	-	227,193	227,193	226,829	226,517	158,518
Machinery	-	545,565	562,865	529,906	498,917	492,565
Construction In Progress	3,288	1,918	2,017	948.87	2,196	25,890

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