Vinh Son - Song Hinh Hydropower JSC (HOSE: VSH)

HOSE: VSH Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	361,672	133,465	131,477	52,398	15,113	71,084
Short-Term Investments	39,000	-	-	-	-	35,000
Accounts Receivable	422,791	1,172,100	795,915	483,530	94,439	105,904
Other Receivables	10,426	4,605	4,264	4,553	7,003	8,307
Inventory	107,087	104,579	100,371	101,917	100,663	105,398
Other Current Assets	6,720	47,202	41,861	48,657	145,388	114,084
Total Current Assets	947,696	1,461,951	1,073,889	691,055	362,606	439,776
Property, Plant & Equipment	7,621,377	8,056,416	8,621,204	9,311,544	9,301,238	8,585,748
Long-Term Investments	-	-	-	-	-	11,831
Long-Term Deferred Tax Assets	1,142	1,142	1,142	1,142	1,142	966.13
Other Long-Term Assets	15,219	13,690	14,082	12,871	11,180	10,503
Total Assets	8,585,433	9,533,199	9,710,316	10,016,612	9,676,165	9,048,823
Accounts Payable	134,796	137,607	167,200	313,474	360,954	366,751
Accrued Expenses	25,441	26,646	97,080	265,531	62,411	97,386
Short-Term Debt	-	-	-	33,000	478,600	158,600
Current Portion of Long-Term Debt	45,252	196,486	135,229	109,359	293,003	255,366
Current Income Taxes Payable	68,233	118,500	163,806	150,061	99,665	14,546
Other Current Liabilities	3,633	714,757	4,347	5,984	55,128	49,756
Total Current Liabilities	277,354	1,193,995	567,662	877,409	1,349,762	942,406
Long-Term Debt	3,370,105	3,542,604	3,914,549	4,927,017	4,996,146	4,957,246
Other Long-Term Liabilities	201,734	201,734	201,734	201,734	-	-
Total Liabilities	3,849,194	4,938,334	4,683,946	6,006,161	6,345,908	5,899,652
Common Stock	2,362,412	2,362,412	2,362,412	2,362,412	2,062,412	2,062,412
Additional Paid-In Capital	6,272	6,272	6,272	6,272	6,332	6,332
Retained Earnings	2,339,894	2,198,519	2,630,025	1,614,105	1,233,851	1,052,765
Comprehensive Income & Other	27,661	27,661	27,661	27,661	27,661	27,661
Shareholders' Equity	4,736,239	4,594,865	5,026,370	4,010,451	3,330,257	3,149,171
Total Liabilities & Equity	8,585,433	9,533,199	9,710,316	10,016,612	9,676,165	9,048,823
Total Debt	3,415,357	3,739,091	4,049,779	5,069,376	5,767,749	5,371,212
Net Cash (Debt)	-3,014,685	-3,605,626	-3,918,302	-5,016,978	-5,752,637	-5,265,129
Net Cash Per Share	-12817.82	-15262.47	-16586.02	-21498.46	-27892.76	-25528.98
Filing Date Shares Outstanding	236.24	236.24	236.24	236.24	206.24	206.24
Total Common Shares Outstanding	236.24	236.24	236.24	236.24	206.24	206.24
Working Capital	670,341	267,955	506,226	-186,354	-987,157	-502,630
Book Value Per Share	20048.32	19449.88	21276.43	16976.08	16147.39	15269.36
Tangible Book Value	4,736,239	4,594,865	5,026,370	4,010,451	3,330,257	3,149,171
Tangible Book Value Per Share	20048.32	19449.88	21276.43	16976.08	16147.39	15269.36
Buildings	9,398,356	9,390,534	9,389,694	9,389,600	2,083,877	2,071,569
Machinery	2,893,876	2,870,631	2,847,202	2,825,907	1,035,658	1,019,609
Construction In Progress	25,694	49,625	55,787	175,777	8,791,384	8,020,818

Source: S&P Capital IQ. Utility template. Financial Sources.