Vinh Hoan Corporation (HOSE: VHC)

Vinh Hoan Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,719,444	10,033,016	13,230,800	9,054,249	7,037,180	7,867,144
Revenue Growth (YoY)	15.82%	-24.17%	46.13%	28.66%	-10.55%	-15.15%
Cost of Revenue	10,162,440	8,540,192	10,254,865	7,298,429	6,022,406	6,334,062
Gross Profit	1,557,003	1,492,825	2,975,935	1,755,820	1,014,774	1,533,082
Selling, General & Admin	591,885	523,950	721,487	556,616	319,335	400,619
Operating Expenses	591,885	523,950	721,487	556,616	319,335	400,619
Operating Income	965,119	968,875	2,254,448	1,199,204	695,439	1,132,464
Interest Expense	-75,119	-133,347	-97,121	-34,702	-38,408	-59,533
Interest & Investment Income	106,147	118,391	82,682	68,854	99,243	75,733
Earnings From Equity Investments	1,855	800.69	222.52	-437.57	-285.12	14,107
Currency Exchange Gain (Loss)	102,443	114,879	151,920	13,906	14,672	17,004
Other Non Operating Income (Expenses)	34,006	44,525	28,138	-3,797	-15,622	8,852
EBT Excluding Unusual Items	1,134,451	1,114,123	2,420,290	1,243,026	755,038	1,188,626
Gain (Loss) on Sale of Investments	18,154	31,957	-85,646	36,528	48,232	120,745
Gain (Loss) on Sale of Assets	-1,052	-1,052	-11,726	-	-	-
Pretax Income	1,151,553	1,145,028	2,322,918	1,279,555	803,270	1,309,371
Income Tax Expense	190,857	171,271	309,998	173,001	83,972	130,249
Earnings From Continuing Operations	960,695	973,757	2,012,920	1,106,554	719,299	1,179,123
Minority Interest in Earnings	-82,055	-54,566	-37,688	-7,595	9.6	-
Net Income	878,640	919,191	1,975,232	1,098,959	719,308	1,179,123
Preferred Dividends & Other Adjustments	-	-	130,762	20,000	-	58,956
Net Income to Common	878,640	919,191	1,844,471	1,078,959	719,308	1,120,166
Net Income Growth	-15.28%	-53.46%	79.74%	52.78%	-39.00%	-18.24%
Shares Outstanding (Basic)	221	221	221	219	218	222
Shares Outstanding (Diluted)	221	221	221	219	218	222
Shares Change (YoY)	-1.29%	-	0.61%	0.46%	-1.43%	-0.12%
EPS (Basic)	3981.31	4165.05	8357.69	4918.92	3294.51	5057.14
EPS (Diluted)	3981.31	4165.00	8357.50	4918.92	3294.17	5057.08
EPS Growth	-11.37%	-50.16%	69.91%	49.32%	-34.86%	-21.64%
Free Cash Flow	1,557,908	-129,953	472,842	-256,079	-162,479	1,111,631
Free Cash Flow Per Share	7059.22	-588.84	2142.55	-1167.45	-744.17	5018.60
Dividend Per Share	-	1666.667	1666.667	1666.667	-	-
Gross Margin	13.29%	14.88%	22.49%	19.39%	14.42%	19.49%
Operating Margin	8.24%	9.66%	17.04%	13.24%	9.88%	14.39%
Profit Margin	7.50%	9.16%	13.94%	11.92%	10.22%	14.24%
Free Cash Flow Margin	13.29%	-1.30%	3.57%	-2.83%	-2.31%	14.13%
EBITDA	1,407,297	1,369,392	2,581,380	1,484,196	898,118	1,297,668
EBITDA Margin	12.01%	13.65%	19.51%	16.39%	12.76%	16.49%
D&A For EBITDA	442,178	400,517	326,932	284,992	202,679	165,204
EBIT	965,119	968,875	2,254,448	1,199,204	695,439	1,132,464
EBIT Margin	8.24%	9.66%	17.04%	13.24%	9.88%	14.39%
Effective Tax Rate	16.57%	14.96%	13.35%	13.52%	10.45%	9.95%
Revenue as Reported	11,719,444	10,033,016	13,230,800	9,054,249	7,037,180	7,867,144
Advertising Expenses	-	-	-	-	12,801	17,102

Source: S&P Capital IQ. Standard template. Financial Sources.