Hoa Phat Group JSC (HOSE:HPG)

Hoa Phat Group JSC 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	Jun 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Revenue	141,979,436	138,855,112	118,953,028	141,409,274	149,679,790	90,118,503
Revenue Growth (YoY)	6.53%	16.73%	-15.88%	-5.53%	66.09%	41.57%
Cost of Revenue	120,869,474	120,357,563	106,015,187	124,645,848	108,571,380	71,214,454
Gross Profit	21,109,962	18,497,549	12,937,841	16,763,426	41,108,410	18,904,050
Selling, General & Admin	4,021,957	3,882,825	3,268,652	3,685,250	3,444,330	1,781,094
Operating Expenses	4,021,957	3,882,825	3,268,652	3,685,250	3,444,330	1,781,094
Operating Income	17,088,005	14,614,724	9,669,188	13,078,176	37,664,080	17,122,956
Interest Expense	-2,111,687	-2,287,361	-3,585,078	-3,083,638	-2,525,823	-2,191,681
Interest & Investment Income	797,905	1,258,680	1,953,143	1,822,023	1,194,371	519,078
Earnings From Equity Investments	-	-	-	-1,073	4,465	1,965
Currency Exchange Gain (Loss)	-326,874	-326,874	-138,522	-1,858,656	225,268	-62,791
Other Non Operating Income (Expenses)	-395,769	-25,298	-80,696	-45,239	32,170	-2,077
EBT Excluding Unusual Items	15,051,579	13,233,871	7,818,035	9,911,593	36,594,531	15,387,450
Gain (Loss) on Sale of Investments	27,720	27,720	-130,581	1,729	504,221	-
Gain (Loss) on Sale of Assets	431,911	431,911	105,274	9,619	-41,975	-30,483
Pretax Income	15,511,210	13,693,502	7,792,729	9,922,941	37,056,778	15,356,967
Income Tax Expense	2,065,614	1,673,479	992,340	1,478,512	2,535,823	1,850,803
Earnings From Continuing Operations	13,445,596	12,020,024	6,800,388	8,444,429	34,520,955	13,506,164
Minority Interest in Earnings	-12,964	1,420	34,676	39,081	-42,812	-55,864
Net Income	13,432,631	12,021,444	6,835,064	8,483,511	34,478,143	13,450,300
Preferred Dividends & Other Adjustments	822,286	822,286	408,000	42,200	1,704,030	1,247,767
Net Income to Common	12,610,345	11,199,157	6,427,064	8,441,311	32,774,113	12,202,533
Net Income Growth	20.29%	75.88%	-19.43%	-75.39%	156.34%	78.68%
Shares Outstanding (Basic)	7,676	7,676	7,676	7,676	7,676	7,676
Shares Outstanding (Diluted)	7,676	7,676	7,676	7,676	7,676	7,676
EPS (Basic)	1642.93	1459.08	837.35	1099.77	4269.95	1589.80
EPS (Diluted)	1642.93	1459.08	837.35	1099.77	4269.95	1589.80
EPS Growth	17.20%	74.25%	-23.86%	-74.24%	168.59%	77.58%
Free Cash Flow	-20,062,811	-28,886,706	-8,730,916	-5,609,868	15,099,443	-328,396
Free Cash Flow Per Share	-2613.88	-3763.49	-1137.50	-730.88	1967.22	-42.78
Dividend Per Share	-	-	-	-	291.375	215.834
Dividend Growth	-	-	-	-	35.00%	20.00%
Gross Margin	14.87%	13.32%	10.88%	11.86%	27.46%	20.98%
Operating Margin	12.04%	10.53%	8.13%	9.25%	25.16%	19.00%
Profit Margin	8.88%	8.06%	5.40%	5.97%	21.90%	13.54%
Free Cash Flow Margin	-14.13%	-20.80%	-7.34%	-3.97%	10.09%	-0.36%
EBITDA	23,181,007	20,761,148	16,396,160	19,796,852	43,731,665	21,895,112
EBITDA Margin	16.33%	14.95%	13.78%	14.00%	29.22%	24.30%
D&A For EBITDA	6,093,002	6,146,423	6,726,971	6,718,676	6,067,585	4,772,156
EBIT	17,088,005	14,614,724	9,669,188	13,078,176	37,664,080	17,122,956
EBIT Margin	12.04%	10.53%	8.13%	9.25%	25.16%	19.00%
Effective Tax Rate	13.32%	12.22%	12.73%	14.90%	6.84%	12.05%
Revenue as Reported	141,979,436	138,855,112	118,953,028	141,409,274	149,679,790	90,118,503
Advertising Expenses	-	166,783	107,933	84,750	60,972	119,030

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