Thong Nhat Rubber JSC (HOSE:TNC)

Thong Nhat Rubber JSC Income Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2014	FY 2013
Period Ending	Mar 31, 2026	Dec 31, 2025	Jan 1, 2025	Dec 31, 2023	Dec 31, 2014	Jan 1, 2014
Revenue	171,566	165,987	143,178	129,523	63,873	142,048
Revenue Growth (YoY)	25.19%	15.93%	10.54%	102.78%	-55.03%	-25.66%
Cost of Revenue	124,533	123,428	104,111	107,950	64,229	125,825
Gross Profit	47,034	42,559	39,067	21,573	-355.37	16,222
Selling, General & Admin	24,601	24,577	21,303	13,128	7,984	6,891
Operating Expenses	24,601	24,577	21,303	13,128	7,984	6,891
Operating Income	22,433	17,982	17,764	8,445	-8,339	9,331
Interest Expense	-	-	-	-465.78	-	-
Interest & Investment Income	17,414	17,269	17,170	24,444	12,076	15,416
Currency Exchange Gain (Loss)	-	-	-	-	0.77	3.94
Other Non Operating Income (Expenses)	231.55	-451.36	-10.84	-2,802	-137.19	-90.32
EBT Excluding Unusual Items	40,078	34,800	34,923	29,620	3,601	24,661
Gain (Loss) on Sale of Assets	22,405	22,405	11,398	7,540	17,772	15,639
Other Unusual Items	-	-	-	-	-	124.93
Pretax Income	62,484	57,206	46,321	37,161	21,373	40,425
Income Tax Expense	8,614	7,960	5,911	4,322	3,872	6,215
Net Income	53,870	49,245	40,410	32,839	17,501	34,210
Preferred Dividends & Other Adjustments	12,606	12,606	9,536	10,169	-	-
Net Income to Common	41,263	36,639	30,874	22,670	17,501	34,210
Net Income Growth	24.33%	21.87%	23.05%	87.63%	-48.84%	-51.99%
Shares Outstanding (Basic)	19	19	19	19	19	19
Shares Outstanding (Diluted)	19	19	19	19	19	19
EPS (Basic)	2143.32	1903.32	1603.84	1177.65	909.16	1777.14
EPS (Diluted)	2143.00	1903.00	1603.84	1177.65	909.16	1777.14
EPS Growth	22.07%	18.65%	36.19%	29.53%	-48.84%	-51.99%
Free Cash Flow	10,100	-3,454	-11,362	4,210	-2,244	-46,322
Free Cash Flow Per Share	524.60	-179.44	-590.26	218.69	-116.57	-2406.33
Dividend Per Share	1600.000	1600.000	1200.000	-	500.000	1400.000
Dividend Growth	33.33%	33.33%	-	-	-64.29%	-30.00%
Gross Margin	27.41%	25.64%	27.29%	16.66%	-0.56%	11.42%
Operating Margin	13.08%	10.83%	12.41%	6.52%	-13.05%	6.57%
Profit Margin	24.05%	22.07%	21.56%	17.50%	27.40%	24.08%
Free Cash Flow Margin	5.89%	-2.08%	-7.94%	3.25%	-3.51%	-32.61%
EBITDA	23,062	26,686	27,623	18,158	-1,416	16,668
EBITDA Margin	13.44%	16.08%	19.29%	14.02%	-2.22%	11.73%
D&A For EBITDA	629	8,704	9,859	9,713	6,923	7,337
EBIT	22,433	17,982	17,764	8,445	-8,339	9,331
EBIT Margin	13.08%	10.83%	12.41%	6.52%	-13.05%	6.57%
Effective Tax Rate	13.79%	13.91%	12.76%	11.63%	18.11%	15.38%
Revenue as Reported	171,566	165,987	143,178	129,523	63,873	142,048

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