Vietnam Airlines JSC (HOSE:HVN)

Vietnam Airlines JSC Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Jan 1, 2024	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	16,303,941	4,626,738	2,551,042	2,490,276	1,713,827	1,653,719
Short-Term Investments	1,864,658	1,015,204	920,439	896,631	2,229,538	487,032
Cash & Short-Term Investments	18,168,599	5,641,942	3,471,481	3,386,907	3,943,365	2,140,751
Cash Growth	318.28%	62.52%	2.50%	-14.11%	84.20%	-67.25%
Accounts Receivable	5,104,865	4,332,566	4,143,590	3,775,387	1,841,205	1,855,884
Other Receivables	217,512	447,151	407,133	301,329	1,158,908	532,019
Receivables	5,322,377	4,779,716	4,550,723	4,076,717	3,000,113	2,387,903
Inventory	3,037,548	3,369,444	3,430,699	2,875,284	2,250,462	1,849,268
Prepaid Expenses	641,191	631,414	605,280	416,870	393,399	530,519
Other Current Assets	5,514,192	2,915,179	2,826,099	1,574,172	1,768,926	1,341,054
Total Current Assets	32,683,907	17,337,695	14,884,283	12,329,950	11,356,265	8,249,495
Property, Plant & Equipment	26,184,253	29,460,825	34,342,837	40,591,565	43,215,978	44,710,555
Long-Term Investments	1,933,780	1,795,288	1,672,502	1,751,061	1,638,116	1,974,087
Other Intangible Assets	226,439	239,339	148,371	174,458	182,260	224,468
Long-Term Accounts Receivable	1,730	1,896	2,016	-	1,076	841.77
Long-Term Deferred Tax Assets	429.64	1,531	1,274	1,029	5,422	7,917
Other Long-Term Assets	12,706,638	9,350,040	6,665,648	5,788,124	6,660,407	7,394,774
Total Assets	73,737,177	58,186,614	57,716,931	60,636,188	63,059,525	62,562,138
Accounts Payable	26,402	15,015,821	18,260,414	18,047,269	17,771,904	9,113,772
Accrued Expenses	12,734,368	11,741,917	11,582,418	8,685,137	6,577,374	7,546,820
Short-Term Debt	8,416,263	10,102,265	12,055,763	9,138,049	11,030,655	6,793,827
Current Portion of Long-Term Debt	818,188	1,263,858	1,542,128	1,334,068	2,186,872	1,394,405
Current Portion of Leases	2,160,799	2,945,077	3,963,889	2,927,935	1,157,397	3,005,543
Current Income Taxes Payable	236,108	189,807	126,015	80,613	52,380	47,624
Current Unearned Revenue	17,089,911	14,976,998	11,734,639	9,589,942	1,473,286	3,974,302
Other Current Liabilities	15,265,574	923,482	1,906,032	1,997,096	944,189	829,118
Total Current Liabilities	56,747,612	57,159,225	61,171,298	51,800,109	41,194,056	32,705,410
Long-Term Debt	204,040	6,171,600	9,806,279	4,995,435	6,119,428	7,601,953
Long-Term Leases	4,363,144	-	-	9,872,669	14,305,405	15,254,989
Long-Term Unearned Revenue	4,614	3,114	1,379	2,239	2,130	3,013
Long-Term Deferred Tax Liabilities	223,959	224,625	156,764	160,828	184,806	129,802
Other Long-Term Liabilities	5,824,467	3,972,293	3,607,136	4,860,533	727,702	794,637
Total Liabilities	67,367,837	67,530,857	74,742,857	71,691,812	62,533,527	56,489,804
Common Stock	31,114,982	22,143,942	22,143,942	22,143,942	22,143,942	14,182,908
Additional Paid-In Capital	1,220,059	1,220,498	1,220,498	1,220,498	1,220,498	1,220,852
Retained Earnings	-26,080,073	-32,681,080	-40,124,296	-34,140,153	-21,028,362	-8,397,650
Comprehensive Income & Other	-663,350	-700,075	-755,340	-787,183	-827,878	-675,247
Total Common Equity	5,591,618	-10,016,715	-17,515,195	-11,562,896	1,508,200	6,330,864
Minority Interest	777,722	672,472	489,270	507,271	-982,202	-258,530
Shareholders' Equity	6,369,340	-9,344,243	-17,025,926	-11,055,625	525,998	6,072,334
Total Liabilities & Equity	73,737,177	58,186,614	57,716,931	60,636,188	63,059,525	62,562,138
Total Debt	15,962,434	20,482,800	27,368,060	28,268,156	34,799,757	34,050,716
Net Cash (Debt)	2,206,165	-14,840,858	-23,896,580	-24,881,249	-30,856,392	-31,909,966
Net Cash Per Share	995.36	-6701.99	-10791.48	-11236.14	-18906.65	-22498.89
Filing Date Shares Outstanding	3,111	2,214	2,214	2,214	2,214	1,418
Total Common Shares Outstanding	3,111	2,214	2,214	2,214	2,214	1,418
Working Capital	-24,063,706	-39,821,530	-46,287,016	-39,470,159	-29,837,791	-24,455,915
Book Value Per Share	1797.08	-4523.46	-7909.70	-5221.70	681.09	4463.73
Tangible Book Value	5,365,179	-10,256,054	-17,663,567	-11,737,355	1,325,940	6,106,395
Tangible Book Value Per Share	1724.31	-4631.54	-7976.70	-5300.48	598.78	4305.46
Buildings	2,869,197	2,986,896	2,979,614	2,979,343	2,886,639	2,561,222
Machinery	43,586,201	43,493,280	40,129,620	37,092,535	35,030,233	35,432,756
Construction In Progress	204,499	109,160	132,650	94,019	146,061	403,868

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