Vinhomes JSC Income Statement

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
Operating Revenue	202,687,243	153,270,923	102,323,186	103,556,722	62,392,603	84,985,606
Revenue	202,687,243	153,270,923	102,323,186	103,556,722	62,392,603	84,985,606
Revenue Growth (YoY)	84.58%	49.79%	-1.19%	65.98%	-26.58%	18.78%
Cost of Revenue	130,133,015	106,928,352	69,355,949	67,850,123	31,696,276	36,526,042
Gross Profit	72,554,228	46,342,571	32,967,237	35,706,599	30,696,327	48,459,564
Selling, General & Admin	7,296,717	8,087,642	8,384,468	7,755,727	5,075,707	6,057,602
Operating Expenses	7,296,717	8,087,642	8,384,468	7,755,727	5,075,707	6,057,602
Operating Income	65,257,511	38,254,929	24,582,769	27,950,872	25,620,620	42,401,962
Interest Expense	-11,011,343	-12,091,857	-8,768,284	-3,052,805	-2,075,514	-2,348,161
Interest & Investment Income	9,490,463	9,490,463	6,681,848	6,409,273	2,820,346	1,477,255
Earnings From Equity Investments	2,286	2,139	3,211	10,699	56,384	53,759
Currency Exchange Gain (Loss)	-212,689	-212,689	-246,703	-250,234	-	-
Other Non Operating Income (Expenses)	12,406,251	13,602,176	17,995,989	1,201,836	2,886,273	1,731,983
EBT Excluding Unusual Items	75,932,479	49,045,161	40,248,830	32,269,641	29,308,109	43,316,798
Gain (Loss) on Sale of Investments	3,717,802	3,717,802	637,370	11,079,585	9,564,745	4,892,715
Gain (Loss) on Sale of Assets	46,943	46,943	-38,251	-38,941	-230,155	-26,536
Pretax Income	79,697,224	52,809,906	40,847,949	43,310,285	38,642,699	48,182,977
Income Tax Expense	13,389,123	9,475,130	5,775,263	9,777,409	9,481,109	9,234,499
Earnings From Continuing Operations	66,308,101	43,334,776	35,072,686	33,532,876	29,161,590	38,948,478
Minority Interest in Earnings	-1,549,852	-1,439,521	-3,271,428	-161,470	-330,721	-123,916
Net Income	64,758,249	41,895,255	31,801,258	33,371,406	28,830,869	38,824,562
Net Income to Common	64,758,249	41,895,255	31,801,258	33,371,406	28,830,869	38,824,562
Net Income Growth	92.70%	31.74%	-4.71%	15.75%	-25.74%	41.95%
Shares Outstanding (Basic)	4,108	4,107	4,328	4,354	4,354	4,307
Shares Outstanding (Diluted)	4,108	4,107	4,328	4,354	4,354	4,307
Shares Change (YoY)	-3.70%	-5.10%	-0.60%	-	1.11%	0.71%
EPS (Basic)	15764.18	10199.92	7347.71	7663.89	6621.14	9014.89
EPS (Diluted)	15764.18	10199.92	7347.71	7663.89	6621.00	9014.89
EPS Growth	100.11%	38.82%	-4.13%	15.75%	-26.55%	40.95%
Free Cash Flow	64,254,934	25,758,319	-33,044,621	-8,470,987	13,221,140	-824,253
Free Cash Flow Per Share	15641.66	6271.18	-7634.99	-1945.40	3036.29	-191.39
Dividend Per Share	-	6000.000	-	-	-	2000.000
Dividend Growth	-	-	-	-	-	73.33%
Gross Margin	35.80%	30.24%	32.22%	34.48%	49.20%	57.02%
Operating Margin	32.20%	24.96%	24.02%	26.99%	41.06%	49.89%
Profit Margin	31.95%	27.33%	31.08%	32.23%	46.21%	45.68%
Free Cash Flow Margin	31.70%	16.81%	-32.29%	-8.18%	21.19%	-0.97%
EBITDA	67,665,918	40,538,475	26,383,247	29,387,165	26,837,168	43,489,654
EBITDA Margin	33.38%	26.45%	25.78%	28.38%	43.01%	51.17%
D&A For EBITDA	2,408,407	2,283,546	1,800,478	1,436,293	1,216,548	1,087,692
EBIT	65,257,511	38,254,929	24,582,769	27,950,872	25,620,620	42,401,962
EBIT Margin	32.20%	24.96%	24.02%	26.99%	41.06%	49.89%
Effective Tax Rate	16.80%	17.94%	14.14%	22.57%	24.54%	19.16%
Revenue as Reported	202,687,243	153,270,923	102,323,186	103,556,722	-	84,985,606

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