Thanh Nam Group 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024
Cash & Equivalents	22,464	16,067	174,305
Short-Term Investments	7,825	7,980	9,235
Cash & Short-Term Investments	30,290	24,047	183,540
Cash Growth	-	-86.90%	-
Accounts Receivable	206,568	244,429	179,278
Other Receivables	68,998	224,096	727.47
Receivables	275,566	487,173	215,136
Inventory	254,853	181,783	223,097
Prepaid Expenses	1,269	661.48	588.47
Other Current Assets	36,280	13,003	11,888
Total Current Assets	598,257	706,668	634,250
Property, Plant & Equipment	214,174	187,735	93,409
Long-Term Investments	-	-	197,811
Goodwill	160,092	37,531	4,892
Other Intangible Assets	7.16	8.18	12.28
Other Long-Term Assets	2,847	2,451	269.88
Total Assets	975,377	934,393	930,643
Accounts Payable	62,600	119,923	93,053
Accrued Expenses	22,529	22,902	18,896
Short-Term Debt	253,884	177,842	284,058
Current Portion of Long-Term Debt	17,173	9,631	9,043
Current Income Taxes Payable	-	-	294.92
Other Current Liabilities	233.26	89.93	4,406
Total Current Liabilities	356,549	330,388	409,751
Long-Term Debt	18,399	11,994	17,457
Long-Term Deferred Tax Liabilities	936.64	1,017	253.58
Other Long-Term Liabilities	-	-	-0
Total Liabilities	375,884	343,399	427,462
Common Stock	525,000	525,000	525,000
Additional Paid-In Capital	3,811	3,811	3,811
Retained Earnings	18,564	12,103	-31,677
Total Common Equity	547,375	540,914	497,135
Minority Interest	52,117	50,079	6,047
Shareholders' Equity	599,492	590,993	503,182
Total Liabilities & Equity	975,377	934,393	930,643
Total Debt	289,456	199,467	310,558
Net Cash (Debt)	-259,166	-175,420	-127,018
Net Cash Per Share	-4936.50	-3341.34	-2419.40
Filing Date Shares Outstanding	52.5	52.5	52.5
Total Common Shares Outstanding	52.5	52.5	52.5
Working Capital	241,708	376,279	224,499
Book Value Per Share	10426.19	10303.12	9469.23
Tangible Book Value	387,276	503,375	492,231
Tangible Book Value Per Share	7376.68	9588.10	9375.82
Buildings	133,461	117,772	119,164
Machinery	31,354	17,856	16,919
Construction In Progress	103,202	102,915	-

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