Vinhomes JSC Balance Sheet

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

Millions VND. Fiscal year is Jan - Dec.

Assets

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 & Equivalents	39,530,384	49,961,891	28,780,123	14,103,181	10,816,783	4,625,760
Short-Term Investments	15,921,452	2,480,326	3,924,999	11,885,653	12,873,844	3,404,597
Trading Asset Securities	-	-	3,628,250	-	2,352,947	2,326,552
Cash & Short-Term Investments	55,451,836	52,442,217	36,333,372	25,988,834	26,043,574	10,356,909
Cash Growth	8.11%	44.34%	39.80%	-0.21%	151.46%	-37.30%
Accounts Receivable	26,760,917	24,241,960	19,895,574	20,089,073	15,527,113	15,223,884
Other Receivables	156,544,358	14,631,124	20,125,754	5,173,341	1,985,217	6,816,870
Receivables	183,305,275	43,278,021	48,445,211	30,179,414	22,509,536	25,928,322
Inventory	247,302,770	132,713,716	55,567,774	56,407,794	69,478,298	29,832,313
Prepaid Expenses	6,615,506	679,248	205,237	257,593	200,586	297,193
Other Current Assets	438,132,309	267,776,885	144,927,334	129,506,954	78,303,235	28,022,268
Total Current Assets	930,807,696	496,890,087	285,478,928	242,340,589	196,535,229	94,437,005
Property, Plant & Equipment	115,265,453	117,258,748	95,615,177	71,409,138	58,908,485	51,304,254
Long-Term Investments	60,337,073	12,417,414	12,519,070	7,760,265	7,491,325	10,940,392
Goodwill	184,615	294,305	481,878	636,151	1,203,909	2,526,570
Other Intangible Assets	974,804	1,020,109	997,482	1,052,378	1,114,657	110,215
Long-Term Accounts Receivable	-	22,114,106	17,479,916	16,239,804	14,524,223	129,318
Long-Term Deferred Tax Assets	1,360,571	1,000,778	1,182,429	995,119	1,297,097	556,352
Other Long-Term Assets	230,268,547	130,860,375	139,557,675	103,146,431	79,169,722	61,574,702
Total Assets	1,339,198,759	787,857,267	564,209,360	444,630,675	361,812,647	230,516,471

Liabilities

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
Accounts Payable	31,722,916	19,961,475	19,959,952	20,452,354	14,666,306	12,146,678
Accrued Expenses	116,214,698	14,261,775	16,684,421	9,969,845	15,576,486	3,933,441
Short-Term Debt	65,251,206	31,725,787	21,287,020	14,778,048	7,882,301	105,170
Current Portion of Long-Term Debt	-	14,314,979	12,981,692	6,841,731	7,447,796	145,650
Current Portion of Leases	-	7,810	7,785	-	-	-
Current Income Taxes Payable	-	8,064,870	7,145,432	12,326,781	8,825,666	3,190,130
Current Unearned Revenue	323,958	86,980,337	39,774,210	35,300,624	61,996,237	9,339,347
Other Current Liabilities	527,822,857	167,773,126	160,691,783	111,403,848	71,367,591	46,540,242
Total Current Liabilities	741,335,635	343,090,159	278,532,295	211,073,231	187,762,383	75,400,658
Long-Term Debt	175,371,060	102,911,282	46,987,183	38,393,923	20,876,302	19,667,987
Long-Term Leases	-	34,604	28,506	-	-	-
Long-Term Unearned Revenue	357,844	6,850,089	6,656,801	770,863	917,180	1,251,448
Long-Term Deferred Tax Liabilities	2,572,198	2,171,919	1,464,041	1,168,679	926,018	608,707
Other Long-Term Liabilities	111,769,609	83,582,507	9,796,559	10,587,673	2,808,921	2,180,260
Total Liabilities	1,031,406,346	538,640,560	343,465,385	261,994,369	213,290,804	99,109,060

Shareholders' Equity

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
Common Stock	82,148,240	41,074,120	41,074,120	43,543,675	43,543,675	43,543,675
Additional Paid-In Capital	-	-	-	1,260,023	1,260,023	1,260,023
Retained Earnings	210,234,041	202,644,241	167,205,815	133,391,779	99,933,635	79,413,446
Comprehensive Income & Other	-5,634,294	-5,639,294	-5,644,294	1,106,316	475,942	524,355
Total Common Equity	286,747,987	238,079,067	202,635,641	179,301,793	145,213,275	124,741,499
Minority Interest	21,044,426	11,137,640	18,108,334	3,334,513	3,308,568	6,665,912
Shareholders' Equity	307,792,413	249,216,707	220,743,975	182,636,306	148,521,843	131,407,411
Total Liabilities & Equity	1,339,198,759	787,857,267	564,209,360	444,630,675	361,812,647	230,516,471

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
Total Debt	240,622,266	148,994,462	81,292,186	60,013,702	36,206,399	19,918,807
Net Cash (Debt)	-185,170,430	-96,552,245	-44,958,814	-34,024,868	-10,162,825	-9,561,898
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-21963.50	-11753.42	-5193.88	-3906.98	-1166.97	-1110.12
Filing Date Shares Outstanding	9,174	8,215	8,215	8,709	8,709	8,709
Total Common Shares Outstanding	9,174	8,215	8,215	8,709	8,709	8,709
Working Capital	189,472,061	153,799,928	6,946,633	31,267,358	8,772,846	19,036,347
Book Value Per Share	31256.41	28981.64	24667.07	20588.73	16674.44	14323.72
Tangible Book Value	285,588,568	236,764,653	201,156,281	177,613,264	142,894,709	122,104,714
Tangible Book Value Per Share	31130.03	28821.63	24486.99	20394.84	16408.21	14020.95
Buildings	-	14,001,475	8,963,657	8,659,483	6,630,597	4,524,843
Machinery	-	10,543,305	6,994,512	3,570,201	2,606,842	2,300,931
Construction In Progress	101,235,143	95,922,435	81,990,475	60,790,104	50,683,336	45,032,886