Truong Thanh Furniture Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	57,817	104,821	142,921	169,628	243,737
Short-Term Investments	97,922	16,329	69,193	46,926	-
Cash & Short-Term Investments	155,739	121,150	212,114	216,554	243,737
Cash Growth	28.55%	-42.88%	-2.05%	-11.15%	219.74%
Accounts Receivable	624,440	498,110	579,988	391,758	264,758
Other Receivables	131,771	95,779	74,759	72,629	73,787
Receivables	832,413	603,905	737,089	537,027	498,457
Inventory	413,647	337,731	475,925	679,078	933,585
Prepaid Expenses	27,972	20,355	23,991	22,476	16,087
Other Current Assets	188,751	277,421	371,643	489,462	397,855
Total Current Assets	1,618,521	1,360,561	1,820,761	1,944,596	2,089,722
Property, Plant & Equipment	507,101	535,780	372,788	370,079	328,982
Long-Term Investments	336,164	378,652	360,287	358,684	73,111
Goodwill	82,697	103,811	124,925	146,039	167,153
Other Intangible Assets	81,063	91,083	98,572	104,644	103,457
Other Long-Term Assets	28,158	82,645	73,127	78,887	71,333
Total Assets	2,893,621	2,792,447	2,850,461	3,006,065	2,838,339
Accounts Payable	185,778	213,827	292,064	287,084	297,587
Accrued Expenses	62,625	77,181	364,635	360,938	365,204
Short-Term Debt	594,887	459,166	404,088	23,915	27,020
Current Portion of Long-Term Debt	5,984	7,884	3,267	2,737	2,229
Current Income Taxes Payable	2,828	2,977	2,053	10,540	8,149
Current Unearned Revenue	134,459	74,945	326,321	336,531	1,178,829
Other Current Liabilities	84,045	120,496	125,320	481,779	462,522
Total Current Liabilities	1,070,607	956,476	1,517,748	1,503,524	2,341,540
Long-Term Debt	23,829	22,795	4,913	8,180	10,917
Long-Term Unearned Revenue	1,173,686	1,180,750	1,040,540	1,040,811	8,745
Long-Term Deferred Tax Liabilities	15,827	16,510	17,193	17,877	19,304
Other Long-Term Liabilities	216,142	216,104	2,936	2,812	2,563
Total Liabilities	2,500,091	2,392,636	2,583,331	2,573,204	2,383,069
Common Stock	3,935,483	4,111,983	4,111,983	4,111,983	4,111,983
Retained Earnings	-3,229,357	-3,223,219	-3,208,207	-3,053,087	-3,035,311
Treasury Stock	-552.97	-552.97	-552.97	-552.97	-552.97
Comprehensive Income & Other	-517,671	-517,671	-517,671	-517,671	-517,671
Total Common Equity	187,902	370,540	385,552	540,672	558,448
Minority Interest	29,128	29,271	-118,422	-107,811	-103,178
Shareholders' Equity	393,530	399,811	267,130	432,861	455,271
Total Liabilities & Equity	2,893,621	2,792,447	2,850,461	3,006,065	2,838,339
Total Debt	624,700	489,845	412,268	34,832	40,165
Net Cash (Debt)	-468,962	-368,695	-200,155	181,722	203,572
Net Cash Growth	-	-	-	-10.73%	-
Net Cash Per Share	-1140.52	-896.67	-486.78	441.95	640.95
Filing Date Shares Outstanding	393.53	393.53	393.53	393.53	311.18
Total Common Shares Outstanding	393.53	393.53	393.53	393.53	311.18
Working Capital	547,915	404,085	303,013	441,071	-251,818
Book Value Per Share	477.48	941.57	979.72	1373.89	1794.60
Tangible Book Value	24,142	175,646	162,055	289,989	287,838
Tangible Book Value Per Share	61.35	446.33	411.79	736.89	924.98
Buildings	505,082	492,155	365,875	361,739	351,440
Machinery	480,423	462,825	432,311	422,205	420,229
Construction In Progress	98,928	111,785	126,192	101,961	61,520

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