Vinhomes JSC Cash Flow Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Net Income	26,540,385	31,801,258	33,371,406	28,830,869	38,824,562	27,351,280	Upgrade
Depreciation & Amortization	1,976,823	1,777,178	1,436,293	1,216,548	1,087,692	541,936	Upgrade
Other Amortization	23,300	23,300	-	-	-	-	Upgrade
Loss (Gain) From Sale of Assets	-29,546,556	-24,574,340	-17,006,296	-13,710,128	-7,761,492	-20,212,609	Upgrade
Other Operating Activities	-845,235	-780,932	3,313,058	5,094,626	82,844	4,425,704	Upgrade
Change in Accounts Receivable	-49,150,895	-95,391,366	-48,765,045	-49,977,318	-7,504,351	5,598,479	Upgrade
Change in Inventory	-82,120,004	7,568,800	-977,614	-30,770,024	15,113,996	13,823,705	Upgrade
Change in Accounts Payable	171,050,162	59,350,686	24,225,002	94,860,621	-21,599,280	-7,057,322	Upgrade
Change in Other Net Operating Assets	-909,650	-674,134	3,567,140	-3,998,609	796,778	410,876	Upgrade
Operating Cash Flow	39,146,580	-22,399,550	1,516,891	31,520,190	17,073,519	24,882,049	Upgrade
Operating Cash Flow Growth	-	-	-95.19%	84.61%	-31.38%	-52.08%	Upgrade
Capital Expenditures	-3,366,110	-10,645,071	-9,987,878	-18,299,050	-17,897,772	-3,499,515	Upgrade
Sale of Property, Plant & Equipment	2,951,351	2,469,768	2,774,668	48,256	46,313	430,202	Upgrade
Investment in Securities	-78,974,941	27,447,993	-20,239,513	-16,404,247	-3,999,936	-32,170,231	Upgrade
Other Investing Activities	22,404,627	15,613,124	8,676,566	5,339,217	3,822,950	1,234,721	Upgrade
Investing Cash Flow	-67,586,129	25,384,515	-18,631,955	-26,828,821	-21,996,264	-22,419,597	Upgrade
Long-Term Debt Issued	-	80,497,407	53,107,991	24,760,212	13,819,877	19,662,865	Upgrade
Long-Term Debt Repaid	-	-57,737,006	-32,712,229	-13,876,813	-19,301,251	-20,739,963	Upgrade
Net Debt Issued (Repaid)	67,173,469	22,760,401	20,395,762	10,883,399	-5,481,374	-1,077,098	Upgrade
Issuance of Common Stock	3,899	22,000	5,700	-	6,514,952	-	Upgrade
Repurchase of Common Stock	-10,485,188	-10,485,188	-	-	-	-848,308	Upgrade
Common Dividends Paid	-106,500	-605,236	-	-9,383,745	-5,198,724	-217,694	Upgrade
Other Financing Activities	-	-	-	-	-	62,000	Upgrade
Financing Cash Flow	56,585,680	11,691,977	20,401,462	1,499,654	-4,165,146	-2,081,100	Upgrade
Net Cash Flow	28,146,131	14,676,942	3,286,398	6,191,023	-9,087,891	381,352	Upgrade
Free Cash Flow	35,780,470	-33,044,621	-8,470,987	13,221,140	-824,253	21,382,534	Upgrade
Free Cash Flow Growth	-	-	-	-	-	-55.53%	Upgrade
Free Cash Flow Margin	42.85%	-32.29%	-8.18%	21.19%	-0.97%	29.89%	Upgrade
Free Cash Flow Per Share	8636.71	-7634.99	-1945.40	3036.29	-191.39	5000.16	Upgrade
Cash Interest Paid	11,506,062	6,976,847	4,176,671	3,768,556	2,386,255	2,423,545	Upgrade
Cash Income Tax Paid	9,025,160	10,891,805	5,812,208	4,135,049	9,751,018	6,256,733	Upgrade
Levered Free Cash Flow	-49,275,802	23,784,901	-21,829,227	8,504,078	-7,301,729	17,322,638	Upgrade
Unlevered Free Cash Flow	-41,921,703	28,528,183	-19,921,224	9,801,275	-5,834,129	19,198,620	Upgrade
Change in Working Capital	40,997,863	-30,646,014	-19,597,570	10,088,275	-15,160,087	12,775,738	Upgrade

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