Tay Ninh Rubber JSC (HOSE:TRC)

Tay Ninh Rubber 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Jan 1, 2021
Revenue	824,748	744,135	562,679	523,464	417,464	361,522
Revenue Growth (YoY)	37.04%	32.25%	7.49%	25.39%	15.47%	8.31%
Cost of Revenue	497,356	473,240	447,856	416,494	318,625	295,405
Gross Profit	327,393	270,894	114,823	106,970	98,839	66,117
Selling, General & Admin	58,968	58,683	53,188	40,273	36,956	30,121
Other Operating Expenses	14.96	14.96	10.12	46.65	35.75	45.91
Operating Expenses	58,983	58,698	53,198	40,320	36,992	30,167
Operating Income	268,410	212,196	61,625	66,650	61,847	35,950
Interest Expense	-7,147	-10,521	-15,939	-12,127	-6,281	-758.54
Interest & Investment Income	18,077	18,077	18,968	6,334	16,335	7,432
Earnings From Equity Investments	-10,002	-11,699	-6,666	-190.13	341.22	1,010
Currency Exchange Gain (Loss)	712.38	712.38	450.32	1,534	-145.55	-57.07
Other Non Operating Income (Expenses)	30,471	32,880	15,466	26,883	41,416	62,423
EBT Excluding Unusual Items	300,521	241,646	73,904	89,085	113,512	105,999
Gain (Loss) on Sale of Investments	181.7	181.7	18.34	78.05	-255.18	3,579
Gain (Loss) on Sale of Assets	-	-	501.56	-	-	1,054
Other Unusual Items	-	-	-	-	-	-0.7
Pretax Income	300,702	241,827	74,423	89,163	113,257	110,632
Income Tax Expense	24,398	20,542	6,832	13,738	16,039	18,352
Net Income	276,304	221,285	67,591	75,425	97,218	92,280
Preferred Dividends & Other Adjustments	-	-	-	25,612	32,423	27,308
Net Income to Common	276,304	221,285	67,591	49,813	64,795	64,972
Net Income Growth	243.54%	227.39%	-10.39%	-22.42%	5.35%	10.71%
Shares Outstanding (Basic)	29	29	29	29	29	29
Shares Outstanding (Diluted)	29	29	29	29	29	29
Shares Change (YoY)	0.10%	-	-	-	-	-
EPS (Basic)	9487.36	7597.76	2320.74	1710.32	2224.73	2230.79
EPS (Diluted)	9487.36	7597.76	2320.74	1710.32	2224.73	2230.79
EPS Growth	243.19%	227.39%	35.69%	-23.12%	-0.27%	-2.96%
Free Cash Flow	302,454	268,404	59,101	6,558	-15,132	-32,201
Free Cash Flow Per Share	10385.25	9215.58	2029.22	225.16	-519.57	-1105.61
Dividend Per Share	-	-	900.000	1000.000	1900.000	1900.000
Dividend Growth	-	-	-10.00%	-47.37%	-	5.56%
Gross Margin	39.70%	36.40%	20.41%	20.43%	23.68%	18.29%
Operating Margin	32.54%	28.52%	10.95%	12.73%	14.82%	9.94%
Profit Margin	33.50%	29.74%	12.01%	9.52%	15.52%	17.97%
Free Cash Flow Margin	36.67%	36.07%	10.50%	1.25%	-3.62%	-8.91%
EBITDA	322,491	265,793	107,834	105,452	91,536	63,287
EBITDA Margin	39.10%	35.72%	19.16%	20.14%	21.93%	17.51%
D&A For EBITDA	54,081	53,597	46,210	38,802	29,688	27,337
EBIT	268,410	212,196	61,625	66,650	61,847	35,950
EBIT Margin	32.54%	28.52%	10.95%	12.73%	14.82%	9.94%
Effective Tax Rate	8.11%	8.49%	9.18%	15.41%	14.16%	16.59%
Revenue as Reported	824,748	744,135	562,679	523,464	417,464	361,522

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.