Vingroup 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	Jun '26 Jun 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	76,395,280	73,542,242	42,582,366	27,982,623	26,213,302	18,352,236
Short-Term Investments	28,634,660	8,254,830	5,090,634	6,998,671	4,382,933	3,170,953
Trading Asset Securities	399,045	1,583,614	3,628,250	-	2,352,947	4,909,495
Cash & Short-Term Investments	105,428,985	83,380,686	51,301,250	34,981,294	32,949,182	26,432,684
Cash Growth	24.99%	62.53%	46.65%	6.17%	24.65%	-33.62%
Accounts Receivable	39,661,929	35,132,486	28,435,567	26,337,992	24,155,929	19,764,317
Other Receivables	26,676,149	30,909,752	24,615,423	20,960,146	7,742,894	13,441,474
Receivables	66,338,078	74,426,632	54,469,515	54,935,788	40,155,689	47,959,276
Inventory	261,745,101	201,580,276	114,090,183	92,623,746	98,587,507	50,425,325
Prepaid Expenses	5,252,569	4,610,562	4,592,399	2,319,300	3,252,605	1,299,866
Other Current Assets	386,896,483	294,774,308	172,026,564	158,676,344	108,171,670	35,257,119
Total Current Assets	825,661,216	658,772,464	396,479,911	343,536,472	283,116,653	161,374,270
Property, Plant & Equipment	240,804,330	290,836,271	258,890,252	221,990,178	207,052,672	189,392,774
Long-Term Investments	51,958,068	37,987,850	27,060,860	14,605,235	11,145,373	9,230,804
Goodwill	3,658,425	3,955,994	4,517,414	492,625	764,567	1,144,455
Other Intangible Assets	8,477,414	36,332,854	37,411,110	31,930,699	18,397,782	24,628,519
Long-Term Accounts Receivable	1,002,332	808,169	1,631,637	981,892	1,724,508	-
Long-Term Deferred Tax Assets	1,762,106	1,790,889	2,430,622	1,262,502	1,629,419	867,364
Long-Term Deferred Charges	-	-	-	414,814	476,370	364,681
Other Long-Term Assets	175,613,676	86,591,970	84,822,970	51,293,474	50,613,689	40,926,349
Total Assets	1,308,937,567	1,118,622,625	836,603,903	667,655,767	577,407,240	428,384,465

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	82,587,760	57,785,917	45,035,056	34,874,264	36,539,334	19,648,464
Accrued Expenses	66,715,574	51,363,387	81,560,405	19,196,806	24,285,439	10,464,634
Short-Term Debt	67,096,909	68,191,514	54,679,033	43,024,799	15,314,812	2,782,927
Current Portion of Long-Term Debt	70,118,761	45,701,068	40,252,704	73,152,692	25,279,645	17,253,979
Current Portion of Leases	62,482	107,902	257,408	57,710	-	-
Current Income Taxes Payable	12,965,867	11,236,501	13,823,881	14,249,166	9,843,867	3,352,838
Current Unearned Revenue	228,824,138	185,603,353	197,530,301	90,984,614	117,422,600	54,135,336
Other Current Liabilities	260,049,176	167,464,922	72,153,252	125,758,315	69,725,812	38,807,146
Total Current Liabilities	788,420,667	587,454,564	505,292,040	401,298,366	298,411,509	146,445,324
Long-Term Debt	218,446,111	224,469,083	132,612,893	96,887,512	129,671,311	111,499,745
Long-Term Leases	31,379	31,465	118,019	130,678	-	-
Long-Term Unearned Revenue	13,337,806	16,099,550	7,420,931	4,088,954	3,651,352	4,348,409
Long-Term Deferred Tax Liabilities	3,716,303	2,370,025	2,257,717	1,202,316	1,138,987	1,033,936
Other Long-Term Liabilities	104,278,651	136,709,003	35,067,822	15,826,255	8,878,632	5,485,185
Total Liabilities	1,128,230,917	967,133,690	682,769,422	519,434,081	441,751,791	268,812,599

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	77,060,310	77,060,310	38,236,616	38,236,616	38,139,356	38,052,148
Additional Paid-In Capital	6,182,888	2,037,169	40,308,020	40,183,879	40,050,133	40,063,173
Retained Earnings	70,843,120	54,277,387	44,468,350	14,105,693	14,346,643	4,718,123
Treasury Stock	-714,713	-1,344,123	-1,344,123	-1,344,123	-1,344,123	-1,344,123
Comprehensive Income & Other	16,262,866	15,260,990	15,178,754	22,009,722	18,351,578	18,361,311
Total Common Equity	169,634,471	147,291,733	136,847,617	113,191,787	109,543,587	99,850,632
Minority Interest	10,797,570	3,922,593	16,437,647	34,480,682	25,562,645	59,097,849
Shareholders' Equity	180,706,650	151,488,935	153,834,481	148,221,686	135,655,449	159,571,866
Total Liabilities & Equity	1,308,937,567	1,118,622,625	836,603,903	667,655,767	577,407,240	428,384,465

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 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	355,755,642	338,501,032	227,920,057	213,253,391	170,265,768	131,536,651
Net Cash (Debt)	-250,326,657	-255,120,346	-176,618,807	-178,272,097	-137,316,586	-105,103,967
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-32746.62	-33937.23	-23352.89	-24023.32	-18189.81	-14322.72
Filing Date Shares Outstanding	7,690	7,499	7,440	7,440	7,421	7,403
Total Common Shares Outstanding	7,690	7,499	7,440	7,440	7,421	7,403
Working Capital	37,240,549	71,317,900	-108,812,129	-57,761,894	-15,294,856	14,928,946
Book Value Per Share	22060.12	19642.20	18393.42	15213.88	14762.13	13487.61
Tangible Book Value	157,498,632	107,002,885	94,919,093	80,768,463	90,381,238	74,077,658
Tangible Book Value Per Share	20481.91	14269.45	12757.89	10855.93	12179.81	10006.25
Buildings	81,210,608	99,329,732	83,455,099	72,302,150	65,001,736	61,016,951
Machinery	56,429,534	127,111,853	110,598,612	92,874,137	63,459,483	69,361,606
Construction In Progress	141,351,234	131,774,981	113,358,029	93,511,565	105,708,010	83,325,334