VNSTEEL-VICASA JSC 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 2018	FY 2017
Period Ending	Dec '25 Dec 31, 2025	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017
Cash & Equivalents	90,677	28,035	18,369	8,870	58,894
Short-Term Investments	60	50	50	-	-
Cash & Short-Term Investments	90,737	28,085	18,419	8,870	58,894
Cash Growth	223.08%	52.47%	107.67%	-84.94%	26.77%
Accounts Receivable	4,573	63,153	54,106	129,416	134,722
Other Receivables	598.75	363.34	93.25	877.46	1,200
Receivables	5,172	63,517	54,199	130,294	135,922
Inventory	66,446	194,766	168,211	359,059	137,274
Prepaid Expenses	774.91	1,451	2,541	3,961	748.16
Other Current Assets	842.18	7,053	973.8	24,328	2,727
Total Current Assets	163,971	294,871	244,345	526,511	335,565
Property, Plant & Equipment	7,726	17,721	28,642	77,720	84,213
Other Long-Term Assets	2,654	7,374	9,663	6,775	2,497
Total Assets	174,351	319,965	282,650	611,006	422,275
Accounts Payable	49.68	47,037	5,972	62,743	76,398
Accrued Expenses	2,890	18,664	22,068	18,011	25,460
Short-Term Debt	-	60,434	49,286	275,799	48,010
Current Income Taxes Payable	-	-	2,685	2,345	2,878
Other Current Liabilities	1,415	1,474	10,446	2,285	1,959
Total Current Liabilities	4,354	127,609	90,456	361,183	154,705
Total Liabilities	4,354	127,609	90,456	361,183	154,705
Common Stock	151,873	151,873	151,873	151,873	151,873
Additional Paid-In Capital	20,442	20,442	20,442	20,442	20,442
Retained Earnings	-2,318	20,041	19,879	77,508	95,256
Shareholders' Equity	169,997	192,356	192,194	249,823	267,570
Total Liabilities & Equity	174,351	319,965	282,650	611,006	422,275
Total Debt	-	60,434	49,286	275,799	48,010
Net Cash (Debt)	90,737	-32,349	-30,866	-266,929	10,885
Net Cash Growth	-	-	-	-	111.03%
Net Cash Per Share	5974.51	-2130.00	-2032.36	-17572.35	716.62
Filing Date Shares Outstanding	15.19	15.19	15.19	15.19	15.18
Total Common Shares Outstanding	15.19	15.19	15.19	15.19	15.18
Working Capital	159,617	167,262	153,889	165,328	180,860
Book Value Per Share	11193.34	12665.59	12654.92	16446.26	17623.75
Tangible Book Value	169,997	192,356	192,194	249,823	267,570
Tangible Book Value Per Share	11193.34	12665.59	12654.92	16446.26	17623.75
Buildings	60,691	60,860	60,860	-	-
Machinery	319,400	331,960	331,960	-	-
Construction In Progress	-	575.98	575.98	4,358	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.