HOSE:VSC Balance Sheet

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
Cash & Equivalents	1,112,835	915,804	546,631	370,506	360,383	1,013,594
Short-Term Investments	352,160	426,160	285,750	435,016	579,367	98,700
Trading Asset Securities	581,462	911,302	520,583	-	-	-
Cash & Short-Term Investments	2,046,457	2,253,265	1,352,965	805,523	939,751	1,112,294
Cash Growth	17.83%	66.54%	67.96%	-14.28%	-15.51%	122.07%
Accounts Receivable	217,396	209,675	232,993	203,226	187,488	209,929
Other Receivables	1,221,334	58,978	105,763	67,248	18,274	15,452
Receivables	1,438,730	268,653	338,756	270,474	205,762	225,381
Inventory	54,370	49,551	47,470	29,065	28,028	21,112
Prepaid Expenses	19,288	19,972	17,693	20,162	43,834	22,926
Other Current Assets	212,814	1,410,402	54,673	220,894	88,420	60,781
Total Current Assets	3,771,658	4,001,843	1,811,557	1,346,117	1,305,796	1,442,494
Property, Plant & Equipment	1,283,657	1,338,059	1,352,309	637,820	820,424	806,796
Long-Term Investments	3,086,491	3,014,519	759,362	1,470,217	486,681	506,403
Goodwill	391,116	402,795	450,044	4,569	4,173	-
Other Intangible Assets	3,561,743	2,177,290	2,259,509	6,112	5,880	6,393
Long-Term Deferred Tax Assets	-	-	-	18.61	108.31	198.27
Other Long-Term Assets	2,026,591	2,028,403	1,162,347	1,726,072	1,743,749	504,136
Total Assets	14,121,256	12,962,909	7,795,130	5,190,926	4,366,810	3,266,420
Accounts Payable	95,631	148,110	107,683	109,859	75,775	80,555
Accrued Expenses	201,081	266,735	164,446	133,040	69,801	87,462
Short-Term Debt	2,528,482	2,253,851	244,566	112,686	171,800	-
Current Portion of Long-Term Debt	-	99,941	54,201	5,163	36,600	-
Current Portion of Leases	-	27,359	986.94	986.94	-	-
Current Income Taxes Payable	30,538	111,314	34,710	21,995	17,662	18,500
Current Unearned Revenue	20,315	21,159	180.75	-	-	-
Other Current Liabilities	550,837	87,267	108,247	19,442	62,079	631,586
Total Current Liabilities	3,426,885	3,015,737	715,021	403,172	433,717	818,104
Long-Term Debt	3,363,261	2,929,107	1,647,592	1,446,055	700,000	-
Long-Term Leases	-	63,255	2,707	3,694	-	-
Long-Term Unearned Revenue	-	60,945	-	-	-	-
Long-Term Deferred Tax Liabilities	497,325	503,847	530,379	30,413	30,858	-
Other Long-Term Liabilities	64,335	3,416	3,315	13,286	1,035	1,242
Total Liabilities	7,351,806	6,576,308	2,899,014	1,896,619	1,165,610	819,346
Common Stock	3,743,704	3,743,704	2,867,968	1,333,956	1,212,694	551,228
Additional Paid-In Capital	84	94	39,498	39,404	39,404	36,142
Retained Earnings	1,420,023	1,669,383	1,612,161	1,506,661	1,539,572	1,486,054
Comprehensive Income & Other	1,383	1,383	1,383	1,383	1,383	-
Total Common Equity	5,165,193	5,414,563	4,521,010	2,881,404	2,793,052	2,073,424
Minority Interest	1,604,257	972,038	375,106	412,903	408,148	373,651
Shareholders' Equity	6,769,450	6,386,601	4,896,116	3,294,307	3,201,200	2,447,074
Total Liabilities & Equity	14,121,256	12,962,909	7,795,130	5,190,926	4,366,810	3,266,420
Total Debt	5,891,744	5,373,514	1,950,053	1,568,585	908,400	-
Net Cash (Debt)	-3,845,287	-3,120,249	-597,088	-763,062	31,351	1,112,294
Net Cash Growth	-	-	-	-	-97.18%	122.07%
Net Cash Per Share	-10271.35	-8398.07	-1979.18	-4256.96	181.62	12410.44
Filing Date Shares Outstanding	374.37	374.37	358.5	179.25	179.25	178.9
Total Common Shares Outstanding	374.37	374.37	358.5	179.25	179.25	178.9
Working Capital	344,773	986,106	1,096,536	942,945	872,079	624,390
Book Value Per Share	13797.01	14463.12	12611.05	16074.74	15581.77	11589.92
Tangible Book Value	1,212,334	2,834,478	1,811,456	2,870,723	2,782,999	2,067,030
Tangible Book Value Per Share	3238.33	7571.32	5052.93	16015.15	15525.68	11554.18
Buildings	1,742,314	1,742,314	1,742,121	952,470	952,120	837,318
Machinery	2,505,214	2,505,164	2,453,718	1,604,505	1,592,962	1,469,287
Construction In Progress	8,753	690.2	396.38	-	11,928	2,310

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