Vinh Hoan Corporation (HOSE:VHC)
Vietnam · Delayed Price · Currency is VND 49,250
+1,200 (2.50%)
At close: Nov 4, 2026
Vinh Hoan Cash Flow Statement
Financials in millions VND. Fiscal year is January - December.
Millions VND. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Net Income | 1,215,728 | 1,418,266 | 1,226,205 | 919,191 | 1,975,232 | 1,098,959 |
Depreciation & Amortization | 492,229 | 481,536 | 456,179 | 402,253 | 326,932 | 284,992 |
Other Amortization | 2,195 | 2,919 | - | - | - | - |
Loss (Gain) From Sale of Assets | -162,061 | -140,330 | -122,522 | -134,240 | -77,054 | -73,731 |
Other Operating Activities | 122,879 | 177,020 | -218,605 | -168,555 | 632,800 | -68,290 |
Change in Accounts Receivable | -509,930 | 160,119 | -535,336 | 718,607 | -199,769 | -331,132 |
Change in Inventory | -585,211 | 173,821 | 1,025,794 | -855,600 | -1,264,946 | -219,304 |
Change in Accounts Payable | -47,493 | -1,925 | 212,186 | -352,075 | 333,539 | -270,415 |
Change in Other Net Operating Assets | -36,349 | 18,601 | 9,499 | 19,324 | -23,208 | -18,296 |
Operating Cash Flow | 471,544 | 2,407,151 | 2,073,015 | 547,016 | 1,604,104 | 331,896 |
Operating Cash Flow Growth | -82.35% | 16.12% | 278.97% | -65.90% | 383.31% | -15.28% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Capital Expenditures | -930,722 | -410,845 | -677,527 | -676,969 | -1,131,262 | -587,975 |
Sale of Property, Plant & Equipment | 2,587 | 7,659 | 2,321 | 4,491 | 9,538 | 4,614 |
Cash Acquisitions | 118,395 | 118,395 | - | - | - | - |
Investment in Securities | -2,182,027 | -119,432 | -294,381 | -3,551,995 | -2,265,171 | -1,935,616 |
Other Investing Activities | 3,095,242 | 116,803 | 114,542 | 3,431,201 | 1,858,443 | 1,676,416 |
Investing Cash Flow | 103,475 | -287,421 | -855,045 | -793,271 | -1,528,452 | -842,561 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Short-Term Debt Issued | - | 9,779,010 | 10,620,041 | - | - | - |
Long-Term Debt Issued | - | - | - | 11,256,281 | 10,279,383 | 5,837,257 |
Total Debt Issued | 11,334,426 | 9,779,010 | 10,620,041 | 11,256,281 | 10,279,383 | 5,837,257 |
Short-Term Debt Repaid | - | -10,009,970 | -10,602,184 | - | - | - |
Long-Term Debt Repaid | - | - | - | -11,385,488 | -9,782,362 | -5,171,869 |
Total Debt Repaid | -10,154,529 | -10,009,970 | -10,602,184 | -11,385,488 | -9,782,362 | -5,171,869 |
Net Debt Issued (Repaid) | 1,179,897 | -230,960 | 17,857 | -129,206 | 497,021 | 665,388 |
Issuance of Common Stock | - | - | - | 56,675 | 154,002 | - |
Repurchase of Common Stock | -930,519 | - | - | - | - | - |
Common Dividends Paid | -499,791 | -448,874 | -897,789 | - | -366,734 | - |
Financing Cash Flow | -250,413 | -679,834 | -879,932 | -72,531 | 284,289 | 665,388 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Foreign Exchange Rate Adjustments | -4,970 | -1,647 | -831.19 | -1,578 | -1,990 | -258.17 |
Net Cash Flow | 319,636 | 1,438,249 | 337,207 | -320,364 | 357,950 | 154,465 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Free Cash Flow | -459,178 | 1,996,306 | 1,395,488 | -129,953 | 472,842 | -256,079 |
Free Cash Flow Growth | - | 43.05% | - | - | - | - |
Free Cash Flow Margin | -3.71% | 16.61% | 11.15% | -1.29% | 3.57% | -2.83% |
Free Cash Flow Per Share | -2080.75 | 8894.09 | 6217.28 | -580.03 | 2142.55 | -1167.45 |
Levered Free Cash Flow | -699,347 | 1,652,162 | 598,199 | -429,114 | -160,144 | -220,024 |
Unlevered Free Cash Flow | -634,055 | 1,685,939 | 644,030 | -345,772 | -99,443 | -198,335 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 Interest Paid | 12,036 | 54,833 | 73,950 | 132,957 | 95,289 | 33,111 |
Cash Income Tax Paid | 18,927 | 75,804 | 258,830 | 315,270 | 62,980 | 204,175 |
Change in Working Capital | -1,199,426 | 467,739 | 731,759 | -471,633 | -1,253,807 | -910,034 |