Vinh Hoan Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,093,772	2,008,261	570,012	232,805	553,169	195,219
Short-Term Investments	1,848,498	2,279,998	2,220,566	1,926,185	1,665,173	1,191,849
Trading Asset Securities	34,672	37,486	119,841	142,323	102,721	79,897
Cash & Short-Term Investments	3,976,942	4,325,745	2,910,419	2,301,313	2,321,063	1,466,965
Cash Growth	21.97%	48.63%	26.47%	-0.85%	58.22%	3.73%
Accounts Receivable	2,019,113	1,628,457	1,844,099	1,432,424	2,115,784	1,926,197
Other Receivables	71,917	26,364	17,819	20,627	38,437	51,421
Receivables	2,091,030	1,654,821	1,861,918	1,453,051	2,154,221	1,977,618
Inventory	2,883,391	2,784,994	2,914,883	3,763,499	2,817,542	1,793,087
Prepaid Expenses	26,173	23,836	15,863	13,361	13,852	9,458
Other Current Assets	705,446	532,574	535,365	356,933	333,684	295,461
Total Current Assets	9,682,982	9,321,970	8,238,448	7,888,157	7,640,362	5,542,589
Property, Plant & Equipment	2,813,549	2,814,108	3,053,478	3,080,742	3,087,919	2,334,928
Long-Term Investments	55,942	55,942	69,482	67,243	66,442	66,220
Goodwill	146,460	155,240	190,356	225,473	260,590	295,706
Other Intangible Assets	586,181	593,197	471,114	462,543	301,368	292,808
Long-Term Deferred Tax Assets	8,214	8,229	4,920	2,499	2,468	3,525
Other Long-Term Assets	462,557	459,603	206,382	215,892	224,141	201,851
Total Assets	13,755,884	13,408,289	12,234,180	11,942,549	11,583,290	8,737,627
Accounts Payable	436,395	327,646	277,792	308,584	447,800	339,620
Accrued Expenses	352,993	480,965	489,015	572,474	682,937	392,460
Short-Term Debt	2,300,004	2,046,146	2,277,107	2,142,886	2,201,947	1,723,324
Current Portion of Long-Term Debt	-	-	-	14,500	11,600	11,686
Current Income Taxes Payable	51,956	227,565	52,617	125,659	272,884	31,095
Other Current Liabilities	229,825	228,929	87,191	68,811	80,966	181,881
Total Current Liabilities	3,372,748	3,311,251	3,183,722	3,232,915	3,698,134	2,680,066
Long-Term Debt	-	-	-	101,863	174,909	156,425
Long-Term Deferred Tax Liabilities	3,482	2,153	6,520	8,060	5,984	630.78
Other Long-Term Liabilities	48,826	50,011	50,332	8,656	9,874	16,556
Total Liabilities	3,425,056	3,363,415	3,240,574	3,351,494	3,888,902	2,853,678
Common Stock	2,244,532	2,244,532	2,244,532	1,870,445	1,833,770	1,833,770
Additional Paid-In Capital	263,561	263,561	263,561	263,561	263,561	223,775
Retained Earnings	7,369,294	7,103,130	6,167,570	6,213,264	5,425,873	3,838,332
Treasury Stock	-	-	-	-	-	-114,216
Comprehensive Income & Other	-241.54	-235.37	-361.49	259.04	197.82	-72.75
Total Common Equity	9,877,146	9,610,987	8,675,301	8,347,529	7,523,402	5,781,587
Minority Interest	453,682	433,886	318,305	243,526	170,986	102,362
Shareholders' Equity	10,330,828	10,044,874	8,993,606	8,591,056	7,694,388	5,883,949
Total Liabilities & Equity	13,755,884	13,408,289	12,234,180	11,942,549	11,583,290	8,737,627
Total Debt	2,300,004	2,046,146	2,277,107	2,259,249	2,388,456	1,891,435
Net Cash (Debt)	1,676,938	2,279,599	633,312	42,064	-67,393	-424,470
Net Cash Growth	116.44%	259.95%	1405.59%	-	-	-
Net Cash Per Share	7471.21	10156.24	2821.58	187.75	-305.37	-1935.14
Filing Date Shares Outstanding	224.45	224.45	224.45	224.45	220.05	218.34
Total Common Shares Outstanding	224.45	224.45	224.45	224.45	220.05	218.34
Working Capital	6,310,233	6,010,719	5,054,725	4,655,242	3,942,228	2,862,523
Book Value Per Share	44005.38	42819.57	38650.83	37190.48	34189.15	26480.32
Tangible Book Value	9,144,505	8,862,551	8,013,831	7,659,513	6,961,444	5,193,073
Tangible Book Value Per Share	40741.26	39485.08	35703.80	34125.18	31635.40	23784.86
Buildings	2,075,861	2,068,958	2,037,855	1,966,159	1,721,291	1,289,638
Machinery	3,494,498	3,465,393	3,314,214	2,978,607	2,495,233	1,950,819
Construction In Progress	155,308	96,907	109,478	159,946	565,781	561,047

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