Vinh Hoan Corporation (HOSE:VHC)

Vinh Hoan 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,117,532	570,012	232,805	553,169	195,219	40,754
Short-Term Investments	1,970,923	2,220,566	1,926,185	1,665,173	1,191,849	1,364,500
Trading Asset Securities	130,977	119,841	142,323	102,721	79,897	9,010
Cash & Short-Term Investments	3,219,432	2,910,419	2,301,313	2,321,063	1,466,965	1,414,263
Cash Growth	22.43%	26.47%	-0.85%	58.22%	3.73%	-10.39%
Accounts Receivable	2,038,603	1,844,099	1,432,424	2,115,784	1,926,197	1,269,728
Other Receivables	12,673	17,819	20,627	38,437	51,421	30,145
Receivables	2,051,277	1,861,918	1,453,051	2,154,221	1,977,618	1,299,874
Inventory	3,073,311	2,914,883	3,763,499	2,817,542	1,793,087	1,508,248
Prepaid Expenses	22,166	15,863	13,361	13,852	9,458	7,238
Other Current Assets	359,470	535,365	356,933	333,684	295,461	505,858
Total Current Assets	8,725,654	8,238,448	7,888,157	7,640,362	5,542,589	4,735,481
Property, Plant & Equipment	2,914,590	3,053,478	3,080,742	3,087,919	2,334,928	1,887,395
Long-Term Investments	71,593	69,482	67,243	66,442	66,220	62,129
Goodwill	172,798	190,356	225,473	260,590	295,706	34,193
Other Intangible Assets	459,843	471,114	462,543	301,368	292,808	305,259
Long-Term Deferred Tax Assets	4,579	4,920	2,499	2,468	3,525	2,306
Other Long-Term Assets	437,439	206,382	215,892	224,141	201,851	175,099
Total Assets	12,786,496	12,234,180	11,942,549	11,583,290	8,737,627	7,201,862
Accounts Payable	341,297	277,792	308,584	447,800	339,620	326,318
Accrued Expenses	561,495	489,015	572,474	682,937	392,460	315,846
Short-Term Debt	1,870,242	2,277,107	2,142,886	2,201,947	1,723,324	1,105,500
Current Portion of Long-Term Debt	-	-	14,500	11,600	11,686	-
Current Income Taxes Payable	118,226	52,617	125,659	272,884	31,095	56,359
Other Current Liabilities	122,954	87,191	68,811	80,966	181,881	136,981
Total Current Liabilities	3,014,737	3,183,722	3,232,915	3,698,134	2,680,066	1,941,004
Long-Term Debt	-	-	101,863	174,909	156,425	69,208
Long-Term Deferred Tax Liabilities	4,563	6,520	8,060	5,984	630.78	5,214
Other Long-Term Liabilities	44,300	50,332	8,656	9,874	16,556	10,705
Total Liabilities	3,063,600	3,240,574	3,351,494	3,888,902	2,853,678	2,026,131
Common Stock	2,244,532	2,244,532	1,870,445	1,833,770	1,833,770	1,833,770
Additional Paid-In Capital	263,561	263,561	263,561	263,561	223,775	223,775
Retained Earnings	6,855,408	6,167,570	6,213,264	5,425,873	3,838,332	3,228,412
Treasury Stock	-	-	-	-	-114,216	-114,216
Comprehensive Income & Other	-254.71	-361.49	259.04	197.82	-72.75	-
Total Common Equity	9,363,246	8,675,301	8,347,529	7,523,402	5,781,587	5,171,741
Minority Interest	359,650	318,305	243,526	170,986	102,362	3,990
Shareholders' Equity	9,722,896	8,993,606	8,591,056	7,694,388	5,883,949	5,175,731
Total Liabilities & Equity	12,786,496	12,234,180	11,942,549	11,583,290	8,737,627	7,201,862
Total Debt	1,870,242	2,277,107	2,259,249	2,388,456	1,891,435	1,174,708
Net Cash (Debt)	1,349,190	633,312	42,064	-67,393	-424,470	239,555
Net Cash Growth	513.76%	1405.59%	-	-	-	-66.36%
Net Cash Per Share	6022.01	2826.74	187.75	-305.37	-1935.14	1097.19
Filing Date Shares Outstanding	224.45	224.45	224.45	220.05	218.34	218.34
Total Common Shares Outstanding	224.45	224.45	224.45	220.05	218.34	218.34
Working Capital	5,710,918	5,054,725	4,655,242	3,942,228	2,862,523	2,794,477
Book Value Per Share	41715.81	38650.83	37190.48	34189.15	26480.32	23687.16
Tangible Book Value	8,730,605	8,013,831	7,659,513	6,961,444	5,193,073	4,832,289
Tangible Book Value Per Share	38897.23	35703.80	34125.18	31635.40	23784.86	22132.43
Buildings	2,058,846	2,037,855	1,966,159	1,721,291	1,289,638	1,056,013
Machinery	3,408,427	3,314,214	2,978,607	2,495,233	1,950,819	1,589,827
Construction In Progress	58,121	109,478	159,946	565,781	561,047	384,174

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