Ba Ria - Vung Tau House Development JSC (HOSE:HDC)

HOSE:HDC Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Jan 1, 2024	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	559,875	546,228	665,457	1,298,031	1,352,323	838,973
Revenue Growth (YoY)	-58.60%	-17.92%	-48.73%	-4.01%	61.19%	1.75%
Cost of Revenue	317,730	325,857	367,921	818,785	866,463	464,359
Gross Profit	242,145	220,371	297,536	479,246	485,860	374,613
Selling, General & Admin	59,320	57,125	57,998	70,379	63,074	52,926
Operating Expenses	59,320	57,125	57,998	70,379	63,074	52,926
Operating Income	182,825	163,247	239,538	408,867	422,786	321,687
Interest Expense	-58,406	-55,663	-83,740	-83,546	-41,795	-37,727
Interest & Investment Income	12,790	21,749	6,157	5,174	5,196	5,579
Earnings From Equity Investments	13,289	5,227	1,048	-7,385	1,438	65.81
Currency Exchange Gain (Loss)	45.83	75.61	102.12	179.71	-	-3
Other Non Operating Income (Expenses)	-44,402	-44,901	9.2	2,415	2,672	-1,361
EBT Excluding Unusual Items	106,143	89,734	163,114	325,704	390,297	288,241
Gain (Loss) on Sale of Investments	-	-	21.03	214,402	0.47	0.1
Gain (Loss) on Sale of Assets	-	-	259.06	213.81	389.67	-95.75
Other Unusual Items	-	-	431.65	7.12	-	518.37
Pretax Income	106,143	89,734	163,826	540,328	390,687	288,664
Income Tax Expense	26,704	22,829	31,853	119,708	79,438	57,384
Earnings From Continuing Operations	79,439	66,905	131,972	420,619	311,249	231,281
Minority Interest in Earnings	-1,119	-847.86	-328.65	-1,252	-1,910	-1,125
Net Income	78,320	66,057	131,643	419,367	309,339	230,156
Preferred Dividends & Other Adjustments	-	-	1,501	-	39,351	28,200
Net Income to Common	78,320	66,057	130,143	419,367	269,989	201,956
Net Income Growth	-74.68%	-49.82%	-68.61%	35.57%	34.40%	59.08%
Shares Outstanding (Basic)	178	152	122	140	149	139
Shares Outstanding (Diluted)	178	152	122	140	149	139
Shares Change (YoY)	19.38%	24.62%	-12.99%	-6.14%	7.40%	-1.13%
EPS (Basic)	439.13	434.48	1066.72	2990.79	1807.16	1451.75
EPS (Diluted)	439.13	434.48	1066.72	2990.79	1807.16	1451.75
EPS Growth	-75.70%	-59.27%	-64.33%	65.50%	24.48%	41.17%
Free Cash Flow	-130,812	-135,192	176,597	66,705	-330,016	-33,815
Free Cash Flow Per Share	-733.43	-889.20	1447.49	475.72	-2208.96	-243.08
Gross Margin	43.25%	40.34%	44.71%	36.92%	35.93%	44.65%
Operating Margin	32.66%	29.89%	36.00%	31.50%	31.26%	38.34%
Profit Margin	13.99%	12.09%	19.56%	32.31%	19.96%	24.07%
Free Cash Flow Margin	-23.36%	-24.75%	26.54%	5.14%	-24.40%	-4.03%
EBITDA	198,607	179,087	255,738	424,894	438,544	334,404
EBITDA Margin	35.47%	32.79%	38.43%	32.73%	32.43%	39.86%
D&A For EBITDA	15,782	15,840	16,200	16,027	15,757	12,717
EBIT	182,825	163,247	239,538	408,867	422,786	321,687
EBIT Margin	32.66%	29.89%	36.00%	31.50%	31.26%	38.34%
Effective Tax Rate	25.16%	25.44%	19.44%	22.16%	20.33%	19.88%
Revenue as Reported	559,875	546,228	665,457	1,298,031	1,352,323	838,973

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