Vinh Hoan Income Statement

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

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	12,304,839	12,512,793	10,033,016	13,230,800	9,054,249	7,037,180	Upgrade
Revenue Growth (YoY)	15.35%	24.72%	-24.17%	46.13%	28.66%	-10.55%	Upgrade
Cost of Revenue	10,338,781	10,617,753	8,540,192	10,254,865	7,298,429	6,022,406	Upgrade
Gross Profit	1,966,057	1,895,041	1,492,825	2,975,935	1,755,820	1,014,774	Upgrade
Selling, General & Admin	645,242	654,278	523,950	721,487	556,616	319,335	Upgrade
Operating Expenses	645,242	654,278	523,950	721,487	556,616	319,335	Upgrade
Operating Income	1,320,815	1,240,763	968,875	2,254,448	1,199,204	695,439	Upgrade
Interest Expense	-96,482	-73,329	-133,347	-97,121	-34,702	-38,408	Upgrade
Interest & Investment Income	130,168	130,168	135,292	82,682	68,854	99,243	Upgrade
Earnings From Equity Investments	2,458	2,239	800.69	222.52	-437.57	-285.12	Upgrade
Currency Exchange Gain (Loss)	151,047	151,047	114,879	151,920	13,906	14,672	Upgrade
Other Non Operating Income (Expenses)	23,043	42,711	27,624	28,138	-3,797	-15,622	Upgrade
EBT Excluding Unusual Items	1,531,049	1,493,598	1,114,123	2,420,290	1,243,026	755,038	Upgrade
Gain (Loss) on Sale of Investments	-1,328	-1,328	31,957	-85,646	36,528	48,232	Upgrade
Gain (Loss) on Sale of Assets	-7,646	-7,646	-1,052	-11,726	-	-	Upgrade
Pretax Income	1,522,076	1,484,625	1,145,028	2,322,918	1,279,555	803,270	Upgrade
Income Tax Expense	197,156	181,977	171,271	309,998	173,001	83,972	Upgrade
Earnings From Continuing Operations	1,324,920	1,302,648	973,757	2,012,920	1,106,554	719,299	Upgrade
Minority Interest in Earnings	-75,323	-76,443	-54,566	-37,688	-7,595	9.6	Upgrade
Net Income	1,249,597	1,226,205	919,191	1,975,232	1,098,959	719,308	Upgrade
Preferred Dividends & Other Adjustments	-	-	-	130,762	20,000	-	Upgrade
Net Income to Common	1,249,597	1,226,205	919,191	1,844,471	1,078,959	719,308	Upgrade
Net Income Growth	43.65%	33.40%	-53.46%	79.74%	52.78%	-39.00%	Upgrade
Shares Outstanding (Basic)	224	224	224	221	219	218	Upgrade
Shares Outstanding (Diluted)	224	224	224	221	219	218	Upgrade
Shares Change (YoY)	0.01%	-	1.52%	0.61%	0.46%	-1.43%	Upgrade
EPS (Basic)	5577.10	5473.07	4102.74	8357.69	4918.92	3294.51	Upgrade
EPS (Diluted)	5577.03	5473.00	4102.74	8357.50	4918.92	3294.17	Upgrade
EPS Growth	43.64%	33.40%	-50.91%	69.91%	49.32%	-34.86%	Upgrade
Free Cash Flow	2,034,226	1,395,488	-129,953	472,842	-256,079	-162,479	Upgrade
Free Cash Flow Per Share	9079.00	6228.66	-580.03	2142.55	-1167.45	-744.17	Upgrade
Dividend Per Share	-	-	1666.667	1666.667	1666.667	-	Upgrade
Gross Margin	15.98%	15.14%	14.88%	22.49%	19.39%	14.42%	Upgrade
Operating Margin	10.73%	9.92%	9.66%	17.04%	13.25%	9.88%	Upgrade
Profit Margin	10.15%	9.80%	9.16%	13.94%	11.92%	10.22%	Upgrade
Free Cash Flow Margin	16.53%	11.15%	-1.29%	3.57%	-2.83%	-2.31%	Upgrade
EBITDA	1,786,543	1,694,690	1,371,128	2,581,380	1,484,196	898,118	Upgrade
EBITDA Margin	14.52%	13.54%	13.67%	19.51%	16.39%	12.76%	Upgrade
D&A For EBITDA	465,727	453,927	402,253	326,932	284,992	202,679	Upgrade
EBIT	1,320,815	1,240,763	968,875	2,254,448	1,199,204	695,439	Upgrade
EBIT Margin	10.73%	9.92%	9.66%	17.04%	13.25%	9.88%	Upgrade
Effective Tax Rate	12.95%	12.26%	14.96%	13.35%	13.52%	10.45%	Upgrade
Revenue as Reported	12,304,839	12,512,793	10,033,016	13,230,800	9,054,249	7,037,180	Upgrade
Advertising Expenses	-	-	-	-	-	12,801	Upgrade

Updated Feb 3, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.