VNSTEEL-VICASA JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2018	FY 2017	FY 2016
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '18 Dec 31, 2018	Dec '17 Dec 31, 2017	Dec '16 Dec 31, 2016
Cash & Equivalents	8,384	28,035	18,369	8,870	58,894	46,456
Cash & Short-Term Investments	8,425	28,035	18,369	8,870	58,894	46,456
Cash Growth	-54.14%	52.62%	107.11%	-84.94%	26.77%	45.00%
Accounts Receivable	72.49	63,153	54,106	129,416	134,722	66,060
Other Receivables	632.85	463.34	191.88	877.46	1,200	295.62
Receivables	705.34	63,617	54,298	130,294	135,922	66,355
Inventory	160,389	194,766	168,211	359,059	137,274	121,348
Prepaid Expenses	3,431	1,451	2,541	3,961	748.16	2,100
Other Current Assets	5,451	7,003	925.16	24,328	2,727	191.88
Total Current Assets	178,401	294,871	244,345	526,511	335,565	236,452
Property, Plant & Equipment	13,096	17,721	28,642	77,720	84,213	83,409
Other Long-Term Assets	4,515	7,374	9,663	6,775	2,497	2,415
Total Assets	196,012	319,965	282,650	611,006	422,275	322,276
Accounts Payable	1,425	47,037	5,972	62,743	76,398	30,353
Accrued Expenses	2,818	15,748	28,492	18,011	25,460	19,609
Short-Term Debt	-	60,434	49,286	275,799	48,010	41,298
Current Income Taxes Payable	-	-	551.05	2,345	2,878	463.88
Other Current Liabilities	1,091	4,391	6,155	2,285	1,959	1,723
Total Current Liabilities	5,334	127,609	90,456	361,183	154,705	93,447
Total Liabilities	5,334	127,609	90,456	361,183	154,705	93,447
Common Stock	151,873	151,873	151,873	151,873	151,873	151,873
Additional Paid-In Capital	20,442	20,442	20,442	20,442	20,442	20,442
Retained Earnings	18,362	20,041	19,879	77,508	95,256	56,514
Shareholders' Equity	190,677	192,356	192,194	249,823	267,570	228,829
Total Liabilities & Equity	196,012	319,965	282,650	611,006	422,275	322,276
Total Debt	-	60,434	49,286	275,799	48,010	41,298
Net Cash (Debt)	8,425	-32,399	-30,916	-266,929	10,885	5,158
Net Cash Growth	-	-	-	-	111.03%	-
Net Cash Per Share	554.92	-2124.56	-2035.31	-17572.35	716.62	339.63
Filing Date Shares Outstanding	15.19	15.19	15.18	15.19	15.18	15.18
Total Common Shares Outstanding	15.19	15.19	15.18	15.19	15.18	15.18
Working Capital	173,066	167,262	153,889	165,328	180,860	143,005
Book Value Per Share	12555.03	12665.59	12664.72	16446.26	17623.75	15071.97
Tangible Book Value	190,677	192,356	192,194	249,823	267,570	228,829
Tangible Book Value Per Share	12555.03	12665.59	12664.72	16446.26	17623.75	15071.97
Buildings	60,860	60,860	60,860	-	-	-
Machinery	331,960	331,960	331,960	-	-	-
Construction In Progress	575.98	575.98	575.98	4,358	-	851.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.