Vinh Hoan Corporation (HOSE:VHC)

Vinh Hoan Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,678,418	570,012	232,805	553,169	195,219	40,754
Short-Term Investments	2,676,923	2,220,566	1,926,185	1,665,173	1,191,849	1,364,500
Trading Asset Securities	22,827	119,841	142,323	102,721	79,897	9,010
Cash & Short-Term Investments	4,378,167	2,910,419	2,301,313	2,321,063	1,466,965	1,414,263
Cash Growth	54.07%	26.47%	-0.85%	58.22%	3.73%	-10.39%
Accounts Receivable	1,879,858	1,844,099	1,432,424	2,115,784	1,926,197	1,269,728
Other Receivables	69,337	17,819	20,627	38,437	51,421	30,145
Receivables	1,949,195	1,861,918	1,453,051	2,154,221	1,977,618	1,299,874
Inventory	2,728,135	2,914,883	3,763,499	2,817,542	1,793,087	1,508,248
Prepaid Expenses	20,305	15,863	13,361	13,852	9,458	7,238
Other Current Assets	419,210	535,365	356,933	333,684	295,461	505,858
Total Current Assets	9,495,012	8,238,448	7,888,157	7,640,362	5,542,589	4,735,481
Property, Plant & Equipment	2,879,576	3,053,478	3,080,742	3,087,919	2,334,928	1,887,395
Long-Term Investments	73,139	69,482	67,243	66,442	66,220	62,129
Goodwill	164,019	190,356	225,473	260,590	295,706	34,193
Other Intangible Assets	451,903	471,114	462,543	301,368	292,808	305,259
Long-Term Deferred Tax Assets	4,980	4,920	2,499	2,468	3,525	2,306
Other Long-Term Assets	433,159	206,382	215,892	224,141	201,851	175,099
Total Assets	13,501,788	12,234,180	11,942,549	11,583,290	8,737,627	7,201,862
Accounts Payable	357,181	277,792	308,584	447,800	339,620	326,318
Accrued Expenses	591,679	489,015	572,474	682,937	392,460	315,846
Short-Term Debt	1,989,316	2,277,107	2,142,886	2,201,947	1,723,324	1,105,500
Current Portion of Long-Term Debt	-	-	14,500	11,600	11,686	-
Current Income Taxes Payable	193,085	52,617	125,659	272,884	31,095	56,359
Other Current Liabilities	162,257	87,191	68,811	80,966	181,881	136,981
Total Current Liabilities	3,293,550	3,183,722	3,232,915	3,698,134	2,680,066	1,941,004
Long-Term Debt	-	-	101,863	174,909	156,425	69,208
Long-Term Deferred Tax Liabilities	2,209	6,520	8,060	5,984	630.78	5,214
Other Long-Term Liabilities	40,515	50,332	8,656	9,874	16,556	10,705
Total Liabilities	3,336,273	3,240,574	3,351,494	3,888,902	2,853,678	2,026,131
Common Stock	2,244,532	2,244,532	1,870,445	1,833,770	1,833,770	1,833,770
Additional Paid-In Capital	263,561	263,561	263,561	263,561	223,775	223,775
Retained Earnings	7,274,588	6,167,570	6,213,264	5,425,873	3,838,332	3,228,412
Treasury Stock	-	-	-	-	-114,216	-114,216
Comprehensive Income & Other	106.84	-361.49	259.04	197.82	-72.75	-
Total Common Equity	9,782,788	8,675,301	8,347,529	7,523,402	5,781,587	5,171,741
Minority Interest	382,727	318,305	243,526	170,986	102,362	3,990
Shareholders' Equity	10,165,515	8,993,606	8,591,056	7,694,388	5,883,949	5,175,731
Total Liabilities & Equity	13,501,788	12,234,180	11,942,549	11,583,290	8,737,627	7,201,862
Total Debt	1,989,316	2,277,107	2,259,249	2,388,456	1,891,435	1,174,708
Net Cash (Debt)	2,388,852	633,312	42,064	-67,393	-424,470	239,555
Net Cash Growth	298.84%	1405.59%	-	-	-	-66.36%
Net Cash Per Share	10662.46	2826.74	187.75	-305.37	-1935.14	1097.19
Filing Date Shares Outstanding	224.45	224.45	224.45	220.05	218.34	218.34
Total Common Shares Outstanding	224.45	224.45	224.45	220.05	218.34	218.34
Working Capital	6,201,463	5,054,725	4,655,242	3,942,228	2,862,523	2,794,477
Book Value Per Share	43584.99	38650.83	37190.48	34189.15	26480.32	23687.16
Tangible Book Value	9,166,866	8,013,831	7,659,513	6,961,444	5,193,073	4,832,289
Tangible Book Value Per Share	40840.89	35703.80	34125.18	31635.40	23784.86	22132.43
Buildings	2,063,602	2,037,855	1,966,159	1,721,291	1,289,638	1,056,013
Machinery	3,437,284	3,314,214	2,978,607	2,495,233	1,950,819	1,589,827
Construction In Progress	92,785	109,478	159,946	565,781	561,047	384,174

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