Vinhomes JSC (HOSE:VHM)

Vinhomes 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	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	100,456,761	102,323,186	103,556,722	62,392,603	84,985,606	71,546,737
Revenue	100,456,761	102,323,186	103,556,722	62,392,603	84,985,606	71,546,737
Revenue Growth (YoY)	28.41%	-1.19%	65.98%	-26.58%	18.78%	38.58%
Cost of Revenue	68,270,392	69,355,949	67,850,123	31,696,276	36,526,042	45,610,660
Gross Profit	32,186,369	32,967,237	35,706,599	30,696,327	48,459,564	25,936,077
Selling, General & Admin	9,374,038	8,384,468	7,755,727	5,075,707	6,057,602	4,874,293
Operating Expenses	9,374,038	8,384,468	7,755,727	5,075,707	6,057,602	4,874,293
Operating Income	22,812,331	24,582,769	27,950,872	25,620,620	42,401,962	21,061,784
Interest Expense	-10,930,351	-7,589,251	-3,052,805	-2,075,514	-2,348,161	-3,001,572
Interest & Investment Income	10,411,342	6,658,374	6,409,273	2,820,346	1,477,255	2,430,615
Earnings From Equity Investments	3,119	3,211	10,699	56,384	53,759	18,526
Currency Exchange Gain (Loss)	-246,703	-246,703	-250,234	-	-	-
Other Non Operating Income (Expenses)	17,678,812	17,134,183	1,201,836	2,886,273	1,731,983	-642,763
EBT Excluding Unusual Items	39,728,550	40,542,583	32,269,641	29,308,109	43,316,798	19,866,590
Gain (Loss) on Sale of Investments	349,375	349,375	11,079,585	9,564,745	4,892,715	16,650,247
Gain (Loss) on Sale of Assets	-44,009	-44,009	-38,941	-230,155	-26,536	-
Pretax Income	40,033,916	40,847,949	43,310,285	38,642,699	48,182,977	36,516,837
Income Tax Expense	5,581,141	5,775,263	9,777,409	9,481,109	9,234,499	8,310,297
Earnings From Continuing Operations	34,452,775	35,072,686	33,532,876	29,161,590	38,948,478	28,206,540
Minority Interest in Earnings	-4,184,832	-3,271,428	-161,470	-330,721	-123,916	-855,260
Net Income	30,267,943	31,801,258	33,371,406	28,830,869	38,824,562	27,351,280
Net Income to Common	30,267,943	31,801,258	33,371,406	28,830,869	38,824,562	27,351,280
Net Income Growth	28.57%	-4.71%	15.75%	-25.74%	41.95%	25.77%
Shares Outstanding (Basic)	4,328	4,328	4,354	4,354	4,307	4,276
Shares Outstanding (Diluted)	4,328	4,328	4,354	4,354	4,307	4,276
Shares Change (YoY)	2.30%	-0.60%	-	1.11%	0.71%	-1.66%
EPS (Basic)	6993.43	7347.71	7663.89	6621.14	9014.89	6395.91
EPS (Diluted)	6993.43	7347.71	7663.89	6621.00	9014.89	6395.91
EPS Growth	25.69%	-4.13%	15.75%	-26.55%	40.95%	27.89%
Free Cash Flow	35,165,194	-33,044,621	-8,470,987	13,221,140	-824,253	21,382,534
Free Cash Flow Per Share	8124.95	-7634.99	-1945.40	3036.29	-191.39	5000.16
Dividend Per Share	-	-	-	-	2000.000	1153.846
Dividend Growth	-	-	-	-	73.33%	50.00%
Gross Margin	32.04%	32.22%	34.48%	49.20%	57.02%	36.25%
Operating Margin	22.71%	24.02%	26.99%	41.06%	49.89%	29.44%
Profit Margin	30.13%	31.08%	32.23%	46.21%	45.68%	38.23%
Free Cash Flow Margin	35.00%	-32.29%	-8.18%	21.19%	-0.97%	29.89%
EBITDA	24,777,714	26,359,947	29,387,165	26,837,168	43,489,654	21,603,720
EBITDA Margin	24.66%	25.76%	28.38%	43.01%	51.17%	30.20%
D&A For EBITDA	1,965,383	1,777,178	1,436,293	1,216,548	1,087,692	541,936
EBIT	22,812,331	24,582,769	27,950,872	25,620,620	42,401,962	21,061,784
EBIT Margin	22.71%	24.02%	26.99%	41.06%	49.89%	29.44%
Effective Tax Rate	13.94%	14.14%	22.57%	24.54%	19.16%	22.76%
Revenue as Reported	100,456,761	102,323,186	103,556,722	-	84,985,606	71,546,737

Updated Jan 24, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.