Vinpearl 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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Cash & Equivalents	1,256,062	1,702,567	1,889,379	2,056,552	266,048	195,966
Short-Term Investments	17,658,873	569,216	155,027	130,782	123,152	149,388
Trading Asset Securities	560,590	1,406,325	1,406,325	1,406,325	6,074,229	6,835,658
Cash & Short-Term Investments	19,475,525	3,678,108	3,450,731	3,593,659	6,463,429	7,181,012
Cash Growth	369.44%	6.59%	-3.98%	-44.40%	-9.99%	499.06%
Accounts Receivable	1,171,894	854,844	944,883	1,627,525	1,453,557	1,216,293
Other Receivables	1,104,612	2,409,597	1,024,374	4,023,563	6,159,772	335,050
Receivables	2,276,506	13,964,267	14,433,658	5,651,088	7,913,329	11,253,186
Inventory	19,546,121	5,491,448	5,851,593	3,109,895	2,571,783	3,064,322
Prepaid Expenses	580,170	140,513	176,640	145,627	204,734	141,344
Other Current Assets	2,492,543	4,464,279	1,594,595	1,455,566	2,244,494	2,283,964
Total Current Assets	44,370,865	27,738,615	25,507,217	13,955,835	19,397,769	23,923,828
Property, Plant & Equipment	38,788,752	37,278,865	37,386,935	27,005,033	31,619,861	33,336,687
Long-Term Investments	11,904,871	1,877,467	1,365,834	1,241,713	1,681,713	6,306,598
Goodwill	4,117,043	4,385,546	4,922,552	-	-	-
Other Intangible Assets	767,553	792,094	743,299	462,200	583,799	482,394
Long-Term Deferred Tax Assets	156,371	120,546	134,940	38,209	39,140	49,124
Other Long-Term Assets	19,094,625	11,605,788	1,543,089	1,369,740	2,680,925	1,169,270
Total Assets	119,200,080	86,845,921	76,483,141	44,072,730	56,003,207	65,267,901

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Accounts Payable	2,011,919	2,478,660	3,202,092	1,782,919	1,707,390	1,864,406
Accrued Expenses	2,043,796	2,523,392	4,033,521	1,414,305	1,850,906	714,946
Short-Term Debt	3,609,678	2,561,625	3,311,311	1,232,801	4,092,050	15,630,569
Current Portion of Long-Term Debt	148,000	148,000	148,000	12,623,690	4,723,913	2,150,800
Current Income Taxes Payable	395,184	-	761,300	93,171	1,577	738
Current Unearned Revenue	14,752,914	394,691	124,943	2,596,360	2,511,918	3,371,102
Other Current Liabilities	6,760,987	16,821,328	18,822,016	3,652,113	11,194,513	13,601,700
Total Current Liabilities	29,722,478	24,927,696	30,403,183	23,395,359	26,082,267	37,334,261
Long-Term Debt	17,115,994	8,882,713	9,414,227	91,600	13,687,954	15,794,973
Long-Term Unearned Revenue	485,442	498,531	478,251	1,755,120	2,741,226	3,363,983
Long-Term Deferred Tax Liabilities	893,073	942,996	1,051,474	25,656	26,222	221,326
Other Long-Term Liabilities	25,647,988	14,996,169	3,652,041	5,488,172	4,995,477	4,516,966
Total Liabilities	73,864,975	50,248,105	44,999,176	30,755,907	47,533,146	61,231,509

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Common Stock	18,774,504	17,933,004	17,232,122	15,041,382	26,525,322	26,525,322
Additional Paid-In Capital	21,442,710	15,686,884	11,389,128	-	1,381,597	1,381,597
Retained Earnings	6,314,816	4,174,916	3,073,350	523,626	-19,227,854	-23,458,068
Comprehensive Income & Other	-1,199,952	-1,199,952	-213,406	-2,250,544	-213,346	-511,437
Total Common Equity	45,332,078	36,594,852	31,481,194	13,314,464	8,465,719	3,937,414
Minority Interest	3,027	2,964	2,771	2,359	4,342	98,978
Shareholders' Equity	45,335,105	36,597,816	31,483,965	13,316,823	8,470,061	4,036,392
Total Liabilities & Equity	119,200,080	86,845,921	76,483,141	44,072,730	56,003,207	65,267,901

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	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Total Debt	20,873,672	11,592,338	12,873,538	13,948,091	22,503,917	33,576,342
Net Cash (Debt)	-1,398,147	-7,914,230	-9,422,807	-10,354,432	-16,040,488	-26,395,330
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-782.34	-4442.16	-5586.53	-4269.07	-6047.24	-13389.80
Filing Date Shares Outstanding	1,877	1,793	1,723	1,504	2,653	1,971
Total Common Shares Outstanding	1,877	1,793	1,723	1,504	2,653	1,971
Working Capital	14,648,387	2,810,919	-4,895,966	-9,439,524	-6,684,498	-13,410,433
Book Value Per Share	24145.55	20406.43	18268.90	8851.89	3191.56	1997.37
Tangible Book Value	40,447,482	31,417,212	25,815,343	12,852,264	7,881,920	3,455,020
Tangible Book Value Per Share	21543.84	17519.21	14980.94	8544.60	2971.47	1752.66
Buildings	31,782,689	32,148,572	30,272,654	22,118,459	24,052,126	21,783,852
Machinery	13,128,040	14,038,147	13,141,311	9,853,431	9,996,031	10,102,293
Construction In Progress	6,346,412	4,917,752	5,029,426	3,993,457	5,007,600	9,073,135