FCN · CTCP FECON

Báo cáo tài chính gốc theo dòng/kỳ (KQKD · Cân đối · Lưu chuyển tiền tệ).

Item	2025	2024	2023	2022	2021
Revenue	4,862.7	3,374.7	2,879.6	3,045.5	3,484.2
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	4,862.7	3,374.7	2,879.6	3,045.5	3,484.2
Cost of Goods Sold	4,159.8	2,934.0	2,394.3	2,689.3	0.0
Gross Profit	702.9	440.7	485.2	356.3	517.7
Financial Income	76.0	85.7	23.4	168.6	18.8
Financial Expenses	292.4	232.2	287.3	228.5	-152.2
Interest Expense	270.7	214.6	259.9	212.4	-145.7
Share of Associates and Joint Ventures	3.5	4.3	0.0	0.0	-0.0
Selling Expenses	55.1	25.9	20.8	26.8	-25.1
General and Administrative Expenses	268.1	211.4	209.3	214.7	-199.9
Operating Profit	166.8	61.3	-8.8	54.9	159.2
Other Income	12.5	19.2	13.5	64.9	0.0
Other Expenses	34.9	21.4	22.9	41.4	0.0
Other Profit	-22.4	-2.2	-9.4	23.5	-0.3
Profit Before Tax	144.4	59.1	-18.2	78.3	158.9
Current Income Tax Expense	71.1	30.3	23.8	31.9	-44.1
Deferred Income Tax Expense	-21.9	-1.3	0.1	-5.2	0.0
Net Income	95.2	30.1	-42.1	51.6	114.8
Non-controlling Interest	63.7	20.8	-10.0	12.0	6.5
Profit Attributable to Parent	31.6	9.3	-32.1	39.6	108.3
Earnings per Share	201.00	59.00	-204.00	252.00	843.00
Diluted EPS	200.63	58.87	-203.87	251.58	687.80

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	8,187.8	6,369.7	6,136.6	5,235.4	5,142.8
I. Cash and cash equivalents	761.2	473.0	701.7	174.6	315.7
1. Cash	554.0	384.6	542.2	112.9	0.0
2. Cash equivalents	207.2	88.4	159.5	61.7	0.0
II. Short-term financial investments	31.8	28.1	24.7	28.6	0.0
1. Available for sale securities	—	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	0.0	0.0	0.0	0.0
3. Held to maturity investments	31.8	28.1	24.7	28.6	0.0
III. Short-term receivables	3,780.3	4,076.9	3,632.1	3,230.0	2,817.7
1. Short-term trade accounts receivable	2,302.3	2,081.0	1,889.6	1,981.7	0.0
2. Short-term prepayments to suppliers	873.1	835.6	692.9	235.6	0.0
3. Short-term inter-company receivables	—	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	0.0	0.0	0.0	0.0
5. Short-term loan receivables	19.9	9.1	8.3	37.1	0.0
6. Other short-term receivables	593.3	1,154.1	1,044.0	978.2	0.0
7. Provision for short-term doubtful debts (*)	-9.5	-4.1	-3.9	-3.9	0.0
8. Assets awaiting resolution	1.2	1.2	1.2	1.2	0.0
IV. Inventories	3,489.3	1,682.9	1,680.6	1,669.3	1,710.1
1. Inventories	3,489.3	1,682.9	1,680.6	1,669.3	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	125.1	108.8	97.5	132.9	246.9
1. Short-term prepayments	37.5	60.1	45.9	42.4	0.0
2. Value added tax to be reclaimed	64.8	34.9	50.4	85.2	0.0
3. Taxes and other receivables from state authorities	22.8	13.8	1.2	5.3	0.0
4. Government bonds	—	0.0	0.0	0.0	0.0
5. Other short-term assets	—	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	1,988.5	3,336.3	2,444.9	2,345.6	2,455.3
I. Long-term receivables	86.2	121.2	120.2	127.2	0.0
1. Long-term trade receivables	—	0.0	0.0	2.6	78.1
2. Long-term prepayments to suppliers	—	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	0.0	0.0	0.0	0.0
5. Long-term loan receivables	23.3	99.5	99.5	99.5	0.0
6. Other long-term receivables	62.9	21.7	20.6	25.1	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	551.9	1,581.8	1,716.3	1,796.7	1,886.8
1. Tangible fixed assets	256.9	1,373.4	1,543.8	1,552.8	1,632.3
- Cost	794.2	2,094.4	2,178.8	2,021.1	0.0
- Accumulated depreciation	-537.3	-721.0	-635.0	-468.3	0.0
2. Financial leased fixed assets	277.8	186.6	147.2	214.4	228.3
- Cost	323.0	228.7	196.1	259.1	0.0
- Accumulated depreciation	-45.3	-42.1	-48.9	-44.7	0.0
3. Intangible fixed assets	17.2	21.9	25.3	29.5	26.2
- Cost	61.0	60.1	58.0	56.9	0.0
- Accumulated depreciation	-43.9	-38.2	-32.8	-27.4	0.0
III. Investment properties	—	0.0	0.0	0.0	0.0
- Cost	—	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	526.6	1,032.1	54.9	36.9	27.0
1. Long-term production in progress	—	994.8	24.1	9.3	0.0
2. Construction in progress	526.6	37.3	30.7	27.7	0.0
V. Long-term financial investments	651.6	452.5	414.2	222.1	292.2
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	566.0	368.2	329.2	157.1	0.0
3. Investments in other entities	82.0	80.8	80.8	60.8	0.0
4. Provision for diminution in value of long-term investments	—	0.0	0.0	0.0	0.0
5. Held to maturity investments	3.5	3.5	4.2	4.1	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	172.2	148.7	139.4	162.7	0.0
1. Long-term prepayments	141.2	107.6	90.3	106.0	0.0
2. Deferred income tax assets	24.9	3.0	1.7	1.8	0.0
3. Long-term equipment, supplies, spare parts	—	0.0	0.0	0.0	0.0
4. Other long-term assets	—	0.0	0.0	0.0	171.2
5. Goodwill	6.0	38.1	47.4	54.9	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	10,176.3	9,706.1	8,581.5	7,581.0	7,598.0
A. LIABILITIES (300=210+330)	6,867.7	6,338.0	5,219.7	4,097.6	4,594.2
I. Short -term liabilities	5,495.4	4,808.7	4,319.1	3,152.1	3,373.3
1. Short-term trade accounts payable	945.8	809.0	873.9	709.8	1,061.1
2. Short-term advances from customers	1,297.2	722.3	986.8	286.8	366.4
3. Taxes and other payables to state authorities	100.2	361.0	58.4	58.9	0.0
4. Payable to employees	55.0	39.3	35.3	40.4	0.0
5. Short-term acrrued expenses	184.3	359.5	169.7	158.4	0.0
6. Short-term inter-company payables	—	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	0.1	0.0	0.0	0.0	0.0
9. Other short-term payables	179.5	128.0	119.3	123.3	0.0
10. Short-term borrowings and financial leases	2,725.2	2,380.9	2,066.7	1,766.7	1,311.2
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	7.9	8.6	9.1	7.8	0.0
13. Price stabilization fund	—	0.0	0.0	0.0	0.0
14. Government bonds	—	0.0	0.0	0.0	0.0
II. Long-term liabilities	1,372.3	1,529.3	900.5	945.6	1,220.8
1. Long-term trade payables	8.3	14.1	18.7	0.0	0.0
2. Long-term advances from customers	—	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	3.4	4.6	3.0	4.3	2.8
7. Other long-term liabilities	0.3	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	1,360.2	1,510.7	878.9	941.3	1,160.4
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	0.0	0.0	0.0	0.0
13. Fund for technology development	—	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	3,308.6	3,368.0	3,361.8	3,483.3	3,003.9
I. Owner's equity	3,308.6	3,368.0	3,361.8	3,483.3	0.0
1. Owner's capital	1,574.4	1,574.4	1,574.4	1,574.4	3,003.9
- Common stock with voting right	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	517.6	517.6	517.6	517.6	517.8
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	10.0	10.0	10.0	10.0	10.0
5. Treasury shares	—	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	0.0	0.0	0.0	0.0
8. Investment and development fund	348.8	348.6	347.3	337.2	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	0.2	0.2	0.2	0.3	0.0
11. Undistributed earnings after tax	82.8	56.5	51.2	207.3	265.7
- Accumulated retained earning at the end of the previous period	51.2	47.3	83.3	167.7	157.4
- Undistributed earnings in this period	31.6	9.3	-32.1	39.6	108.3
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	774.8	860.7	861.0	836.6	301.9
14. Financial reserves	—	0.0	0.0	0.0	0.0
II. Other resources and funds	—	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	10,176.3	9,706.1	8,581.5	7,581.0	7,598.0

Item	2025	2024	2023	2022	2021
Profit Before Tax	144.4	59.1	-18.2	78.3	158.9
Depreciation of Fixed Assets and Investment Property	132.4	168.0	169.1	154.3	83.0
Provision (Increase)/Reversal	5.4	0.2	0.0	-0.3	0.0
FX Gain/Loss from Revaluation of Monetary Items	2.0	0.6	5.1	0.4	0.0
Gain/Loss from Investment Activities	-62.0	-69.5	-8.2	-162.1	0.0
Interest Expense	270.7	214.6	259.9	212.4	0.0
Gain/Loss on Disposal of Fixed Assets	—	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	0.0	0.0	0.0	0.0
Other Adjustments	—	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	492.8	372.9	407.7	283.0	372.0
Increase/(Decrease) in Receivables	310.4	-433.4	-512.8	375.7	0.0
Increase/(Decrease) in Inventory	-811.5	-2.3	-14.7	-17.8	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	267.3	158.7	795.5	-587.3	0.0
Increase/(Decrease) in Prepaid Expenses	-19.7	-31.5	10.4	-6.3	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-290.6	-204.7	-239.4	-212.4	0.0
Corporate Income Tax Paid	-32.5	-27.4	-29.8	-30.1	0.0
Other Operating Receipts	—	0.0	0.0	0.1	0.0
Other Operating Payments	-2.4	-3.4	-6.6	-7.9	0.0
Net Cash Flow from Operating Activities	-86.2	-171.0	410.4	-202.9	-109.2
Payments for Fixed Assets and Other Long-term Assets	-641.5	-1,016.9	-127.4	-138.4	-1,197.9
Proceeds from Disposal of Fixed Assets and Long-term Assets	78.5	80.5	16.8	2.5	51.9
Loans and Purchases of Debt Instruments	-223.7	-22.3	-21.9	-531.6	-108.1
Receipts from Loan Repayments and Sale of Debt Instruments	280.6	63.8	54.6	27.0	47.8
Investments in Other Entities	-1.2	-3.1	-213.6	-54.9	-74.1
Proceeds from Investments in Other Entities	-76.2	13.4	292.1	212.4	0.0
Dividends and Interest Income Received	55.8	3.2	5.3	13.7	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-527.7	-881.4	5.8	-469.2	-1,204.9
Proceeds from Equity Issuance and Capital Contributions	66,013,500,000.00	629,000,000.00	56,740,200,000.00	373,342,500,000.00	435,783,460,000.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	5,577.5	3,636.8	2,943.7	3,020.0	4,075.1
Repayment of Borrowings	-4,593.7	-2,742.1	-2,772.3	-2,779.7	-3,097.6
Repayment of Finance Leases	-82.0	-55.8	-64.9	-79.5	-100.8
Dividends Paid	-65.4	-15.8	-53.5	0.0	-40.9
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	902.4	823.7	109.8	534.1	1,271.6
Net Cash Flow During the Period	288.6	-228.8	526.1	-138.0	-22.9
Cash and Cash Equivalents at Beginning of Period	473.0	701.7	174.6	312.4	358.4
FX Difference from Revaluation	-0.3	0.0	1.0	0.2	-0.0
Cash and Cash Equivalents at End of Period	761.2	473.0	701.7	174.6	315.7

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Revenue	1,910.6	1,302.2	1,572.2	1,142.6	1,326.3	820.7	1,202.7	744.4	815.9	611.6	1,049.2	547.6
Revenue Deductions	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	1,910.6	1,302.2	1,572.2	1,142.6	1,326.3	820.7	1,202.7	744.4	815.9	611.6	1,049.2	547.6
Cost of Goods Sold	1,726.9	1,122.2	1,321.9	985.4	1,160.7	689.5	1,057.0	632.5	728.2	514.8	891.7	467.5
Gross Profit	183.7	180.0	250.3	157.2	165.7	131.2	145.8	111.9	87.8	96.8	157.5	80.1
Financial Income	10.8	6.2	48.9	14.5	7.1	5.8	63.5	5.9	7.4	9.0	-0.3	12.4
Financial Expenses	68.5	58.4	75.0	68.6	81.3	67.7	91.9	55.2	36.9	48.4	101.7	44.9
Interest Expense	66.5	57.0	77.4	69.2	66.6	57.6	85.5	-16.3	35.9	47.6	79.8	43.7
Share of Associates and Joint Ventures	-5.9	4.4	3.6	-0.0	0.0	0.0	4.3	-0.1	0.0	0.0	0.0	0.0
Selling Expenses	6.1	12.0	30.8	8.4	9.0	6.8	10.6	5.3	4.9	5.2	7.7	3.5
General and Administrative Expenses	61.6	61.0	101.1	58.3	56.2	54.3	58.5	51.2	51.9	49.7	68.3	44.8
Operating Profit	52.4	59.3	95.9	36.3	26.3	8.2	52.6	6.1	1.5	2.4	-20.4	-0.7
Other Income	3.0	0.5	10.6	0.5	0.5	0.8	11.8	0.9	5.4	1.3	10.9	0.9
Other Expenses	4.8	3.2	15.2	12.7	2.2	4.9	14.7	3.4	1.2	2.0	14.5	-0.9
Other Profit	-1.8	-2.6	-4.6	-12.1	-1.7	-4.0	-2.8	-2.5	4.1	-0.8	-3.7	1.7
Profit Before Tax	50.6	56.6	91.4	24.2	24.5	4.2	49.8	3.6	5.7	1.6	-24.1	1.1
Current Income Tax Expense	11.9	14.1	49.9	7.7	8.8	3.3	21.8	3.7	4.9	1.4	20.4	0.9
Deferred Income Tax Expense	3.7	-1.2	-21.1	-0.0	-0.3	-0.2	-0.8	-0.1	-0.0	-0.4	0.2	-0.0
Net Income	35.0	43.7	62.6	16.5	16.0	1.0	28.8	0.0	0.7	0.6	-44.7	0.2
Non-controlling Interest	5.0	12.4	2.6	1.9	-5.6	7.6	30.8	-7.1	-10.9	8.0	-1.2	-9.3
Profit Attributable to Parent	30.0	31.3	59.9	14.6	21.7	-6.6	-2.0	7.1	11.6	-7.3	-43.5	9.5
Earnings per Share	191.00	199.00	16.00	93.00	138.00	-42.00	-12.00	45.00	74.00	-47.00	-276.00	60.00
Diluted EPS	190.79	198.97	380.70	92.84	137.71	-41.71	-12.82	45.40	73.59	-46.54	-276.36	60.44

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	8,534.9	8,087.6	8,204.1	7,507.2	7,421.3	6,411.4	6,363.6	6,021.2	6,116.1	6,061.5	6,331.2	5,140.5
I. Cash and cash equivalents	490.4	337.7	767.1	509.9	662.0	279.0	472.8	254.4	369.6	389.4	707.8	225.8
1. Cash	457.3	309.0	554.0	370.7	434.3	185.2	384.6	171.0	165.6	232.1	542.2	142.6
2. Cash equivalents	33.1	28.7	213.0	139.2	227.7	93.8	88.2	83.4	204.0	157.3	165.6	83.3
II. Short-term financial investments	87.9	58.3	26.0	25.7	25.3	28.2	28.2	19.3	13.4	14.3	18.7	15.1
1. Available for sale securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Held to maturity investments	87.9	58.3	26.0	25.7	25.3	28.2	28.2	19.3	13.4	14.3	18.7	15.1
III. Short-term receivables	4,423.8	4,078.0	3,797.7	4,780.8	4,660.6	4,056.1	4,072.8	3,934.7	3,890.9	3,886.1	3,829.7	2,995.6
1. Short-term trade accounts receivable	2,756.9	2,217.6	2,303.6	2,402.5	2,263.8	1,972.1	2,077.5	1,944.3	1,916.3	1,919.8	2,100.7	1,710.4
2. Short-term prepayments to suppliers	996.7	1,067.6	886.6	896.5	964.1	845.7	835.2	925.1	885.1	850.7	676.2	259.1
3. Short-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Construction contract progress receipts due from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Short-term loan receivables	—	—	19.9	152.9	129.4	9.1	9.7	9.1	9.1	9.1	7.8	8.3
6. Other short-term receivables	682.0	801.1	595.9	1,331.7	1,306.1	1,232.1	1,153.3	1,058.8	1,083.1	1,109.2	1,047.5	1,020.5
7. Provision for short-term doubtful debts (*)	-11.8	-9.5	-9.5	-4.1	-4.1	-4.1	-4.1	-3.9	-3.9	-3.9	-3.9	-3.9
8. Assets awaiting resolution	—	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2	1.2
IV. Inventories	3,444.2	3,499.2	3,486.9	2,017.4	1,914.2	1,900.1	1,685.4	1,712.3	1,756.0	1,678.7	1,681.1	1,760.7
1. Inventories	3,444.2	3,499.2	3,486.9	2,017.4	1,914.2	1,900.1	1,685.4	1,712.3	1,756.0	1,678.7	1,681.1	1,760.7
2. Provision for decline in value of inventories	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
V. Other short-term assets	88.6	114.3	126.4	173.5	159.2	148.0	104.3	100.5	86.2	93.0	94.0	143.3
1. Short-term prepayments	34.9	34.2	37.8	97.2	85.2	74.7	55.6	66.4	54.6	51.9	42.5	74.1
2. Value added tax to be reclaimed	40.1	56.0	64.9	56.8	53.3	53.0	46.5	31.6	25.0	38.7	50.4	68.7
3. Taxes and other receivables from state authorities	13.5	24.1	23.8	19.5	20.8	20.3	2.2	2.6	6.6	2.4	1.1	0.6
4. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Other short-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. LONG-TERM ASSETS (200=210+220+240+250+260+270)	2,570.4	2,360.5	1,983.3	3,687.2	3,581.3	3,493.1	3,340.6	2,392.0	2,400.8	2,410.6	2,442.1	2,490.9
I. Long-term receivables	76.5	59.9	83.4	57.7	47.0	112.5	121.5	120.3	122.0	119.2	114.9	121.2
1. Long-term trade receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	2.6	2.6
2. Long-term prepayments to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Capital at inter-company	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Long-term inter-company receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term loan receivables	—	—	23.3	23.3	23.3	91.5	99.5	99.5	99.5	99.5	99.5	99.5
6. Other long-term receivables	76.5	59.9	60.1	34.4	23.7	21.0	22.0	20.8	22.4	19.7	12.7	19.1
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	1,458.5	1,280.0	551.9	1,536.9	1,532.4	1,563.3	1,580.9	1,612.5	1,648.9	1,679.0	1,716.3	1,765.2
1. Tangible fixed assets	1,117.0	951.0	256.9	1,249.6	1,314.5	1,341.9	1,372.4	1,410.8	1,455.9	1,504.4	1,543.8	1,545.0
- Cost	1,685.8	1,501.9	—	—	—	—	2,093.4	2,112.3	2,131.9	2,163.6	2,178.8	2,137.8
- Accumulated depreciation	-568.7	-551.0	—	—	—	—	-721.0	-701.5	-676.0	-659.2	-635.0	-592.8
2. Financial leased fixed assets	325.8	312.7	277.8	269.6	198.8	201.0	186.6	178.6	168.4	150.6	147.2	193.6
- Cost	388.7	366.9	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-62.8	-54.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	15.6	16.3	17.2	17.8	19.1	20.5	21.9	23.1	24.5	23.9	25.3	26.6
- Cost	61.0	61.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-45.4	-44.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	12.3	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	12.3	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	79.0	57.9	529.8	1,499.7	1,413.2	1,231.8	1,032.5	76.9	59.7	57.6	55.2	51.0
1. Long-term production in progress	—	—	—	1,169.8	1,133.0	1,046.4	995.2	41.1	32.5	26.9	24.5	21.9
2. Construction in progress	79.0	57.9	529.8	329.9	280.1	185.4	37.3	35.8	27.2	30.7	30.6	29.1
V. Long-term financial investments	750.0	754.9	651.9	442.3	442.3	442.2	452.5	430.5	430.6	414.0	412.9	403.9
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	566.0	571.9	566.3	357.9	358.0	358.0	368.2	346.2	346.2	329.2	329.2	329.2
3. Investments in other entities	156.0	156.0	82.0	80.8	80.8	80.8	80.8	80.8	80.8	80.8	80.8	70.8
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Held to maturity investments	28.1	27.0	3.5	3.5	3.5	3.5	3.5	3.6	3.6	4.0	2.9	3.9
6. Other long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	194.1	207.8	166.3	150.7	146.5	143.2	153.2	151.7	139.7	95.4	95.5	100.3
1. Long-term prepayments	161.9	175.1	140.9	114.4	108.4	103.7	112.1	109.7	95.9	93.3	93.1	98.4
2. Deferred income tax assets	27.1	27.2	24.6	3.6	3.6	3.2	3.0	2.2	2.1	2.1	1.7	1.9
3. Long-term equipment, supplies, spare parts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.7	0.0
4. Other long-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Goodwill	5.1	5.6	0.7	32.7	34.5	36.3	0.0	0.0	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	—	—	—	—	—	38.1	39.9	41.7	45.5	47.4	49.3
TOTAL ASSETS (280=100+200)	11,105.3	10,448.1	10,187.4	11,194.4	11,002.6	9,904.5	9,704.2	8,413.2	8,516.9	8,472.1	8,773.3	7,631.4
A. LIABILITIES (300=210+330)	7,717.6	7,093.4	6,882.6	7,806.8	7,631.5	6,546.7	6,336.0	5,073.2	5,176.8	5,108.9	5,413.2	4,223.6
I. Short -term liabilities	6,047.4	5,679.9	5,497.5	5,533.7	5,446.3	4,948.9	5,338.5	4,148.4	4,239.6	4,186.3	4,390.5	3,291.2
1. Short-term trade accounts payable	1,024.8	916.3	951.7	941.4	948.7	902.6	798.8	829.0	942.3	690.9	790.7	659.0
2. Short-term advances from customers	1,285.3	1,146.7	1,299.0	958.5	848.1	714.7	718.7	724.1	833.4	1,089.9	1,154.3	232.3
3. Dividends and profits payable	4.3	3.2	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	57.2	65.7	99.1	49.1	98.6	259.0	362.2	26.5	38.4	46.8	59.6	38.8
4. Payable to employees	32.8	31.0	56.9	27.8	24.8	25.7	39.4	22.2	24.2	23.3	36.5	26.5
5. Short-term acrrued expenses	548.2	357.9	184.3	313.3	328.8	296.1	359.5	293.6	205.4	308.7	270.3	239.8
6. Short-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Construction contract progress payments due to suppliers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Short-term unearned revenue	2.4	0.8	0.1	7.4	0.9	16.8	0.0	0.0	0.0	0.0	0.0	3.1
9. Other short-term payables	301.2	303.5	178.0	318.0	323.0	276.1	128.0	99.6	102.6	102.1	117.8	111.4
10. Short-term borrowings and financial leases	2,783.1	2,847.1	2,720.4	2,910.1	2,864.7	2,449.7	2,923.2	2,144.4	2,084.0	1,916.1	1,952.2	1,971.2
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	8.3	7.6	7.9	8.2	8.5	8.1	8.6	8.8	9.2	8.6	9.1	9.2
13. Price stabilization fund	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Government bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Long-term liabilities	1,670.2	1,413.5	1,385.1	2,273.1	2,185.2	1,597.8	997.5	924.8	937.2	922.6	1,022.7	932.4
1. Long-term trade payables	15.3	15.3	16.6	16.7	16.3	20.9	24.0	24.1	23.8	20.0	18.7	24.9
2. Long-term advances from customers	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term acrrued expenses	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Inter-company payables on business capital	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Long-term inter-company payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Long-term unearned revenue	167.4	67.7	3.4	4.2	4.6	5.1	4.6	5.1	4.9	4.0	3.0	3.3
7. Other long-term liabilities	—	—	—	—	—	0.9	0.0	0.0	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	1,483.9	1,330.5	1,365.1	2,252.2	2,164.3	1,570.8	968.9	895.6	908.5	898.5	1,001.0	904.2
9. Convertible bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	3.6	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Fund for technology development	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
14. Provision for severance allowances	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
B. OWNER'S EQUITY (400=410+430)	3,387.7	3,354.7	3,304.9	3,387.6	3,371.1	3,357.8	3,368.2	3,340.0	3,340.1	3,363.2	3,360.2	3,407.8
I. Owner's equity	3,387.7	3,354.7	3,304.9	3,387.6	3,371.1	3,357.8	3,368.2	3,340.0	3,340.1	3,363.2	3,360.2	3,407.8
1. Owner's capital	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4	1,574.4
- Common stock with voting right	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00	1,574,390,050,000.00
- Preferred stock	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	517.6	517.6	517.6	517.6	517.6	517.6	517.6	517.6	517.6	517.6	517.6	517.6
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0	10.0
5. Treasury shares	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
6. Assets revaluation differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Foreign exchange differences	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Investment and development fund	348.8	348.8	348.8	348.8	348.7	348.7	348.6	348.4	348.4	347.3	347.3	343.6
9. Fund to support corporate restructuring	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.4	0.4	0.4	0.2	0.2
11. Undistributed earnings after tax	140.7	110.6	79.7	76.3	61.1	39.4	56.7	58.7	51.5	43.8	50.4	100.0
- Accumulated retained earning at the end of the previous period	79.3	79.3	47.4	46.5	45.9	46.0	47.3	47.3	47.2	51.2	83.7	89.6
- Undistributed earnings in this period	61.4	31.3	32.3	29.7	15.1	-6.6	9.4	11.4	4.3	-7.3	-33.4	10.4
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	796.0	793.1	774.2	860.3	859.1	867.5	860.7	830.6	837.8	869.7	860.3	861.9
14. Financial reserves	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Other resources and funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Subsidized not-for-profit funds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Funds invested in fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
C. MINORITY'S INTEREST	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL OWNER'S EQUITY AND LIABILITIES (440=300+400+500)	11,105.3	10,448.1	10,187.4	11,194.4	11,002.6	9,904.5	9,704.2	8,413.2	8,516.9	8,472.1	8,773.3	7,631.4

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
Profit Before Tax	50.6	56.6	91.4	24.2	24.5	4.2	49.8	3.6	5.6	1.6	-25.2	1.1
Depreciation of Fixed Assets and Investment Property	31.9	26.8	3.7	43.4	42.3	42.9	41.7	42.2	41.9	42.2	42.6	43.7
Provision (Increase)/Reversal	2.3	—	5.4	—	—	—	0.2	0.0	0.0	0.0	0.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	3.0	-3.9	-6.9	2.5	0.6	5.8	-1.7	7.8	-5.6	0.0	5.1	0.0
Gain/Loss from Investment Activities	-0.9	-1.5	-48.7	-4.8	-3.9	-4.6	-48.9	-4.0	-7.2	-3.9	11.5	-12.1
Interest Expense	66.6	57.0	77.4	69.2	66.6	57.6	85.5	46.3	35.7	47.6	79.2	43.7
Gain/Loss on Disposal of Fixed Assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Income and Dividends	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Amortization of Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Adjustments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	153.5	135.0	122.4	134.4	130.1	105.9	126.7	95.9	70.4	87.6	113.1	76.4
Increase/(Decrease) in Receivables	-339.2	-307.7	961.4	-101.4	-590.0	40.4	-180.6	-29.1	6.2	-223.4	-551.3	36.1
Increase/(Decrease) in Inventory	55.1	-10.0	-477.1	-102.7	-15.0	-216.7	45.9	26.8	-74.6	-0.8	48.2	-1.1
Increase/(Decrease) in Payables (Excl. Interest and CIT)	540.8	151.3	-243.9	147.8	369.6	-6.1	390.1	-165.4	-116.4	64.0	891.1	-1.7
Increase/(Decrease) in Prepaid Expenses	12.0	-30.9	25.3	-19.1	-18.5	-7.4	8.4	-25.6	-5.3	-8.9	34.5	-22.6
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-65.4	-56.7	-87.0	-73.7	-56.8	-73.1	-55.4	-46.4	-35.5	-67.6	-58.7	-43.7
Corporate Income Tax Paid	-29.7	-35.1	-4.7	-11.0	-12.1	-4.7	-1.9	-15.0	-3.7	-6.9	-0.6	-5.0
Other Operating Receipts	0.0	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-0.4	-0.5	-0.4	-0.5	-0.3	-1.2	0.0	-0.8	-0.8	-0.6	-4.5	1.9
Net Cash Flow from Operating Activities	326.7	-154.7	296.0	-26.3	-193.0	-162.9	333.2	-159.6	-159.7	-156.5	472.0	40.3
Payments for Fixed Assets and Other Long-term Assets	-219.1	-246.9	168.5	-192.2	-426.7	-191.0	-981.7	2.2	-41.6	-3.9	-109.2	-2.4
Proceeds from Disposal of Fixed Assets and Long-term Assets	4.0	8.1	12.5	50.4	9.2	6.4	1.8	2.3	62.1	19.7	-0.2	15.3
Loans and Purchases of Debt Instruments	-14.7	-9.6	59.0	-159.1	-123.5	-0.1	-36.7	-7.8	-3.0	-2.3	-10.7	-4.4
Receipts from Loan Repayments and Sale of Debt Instruments	2.7	3.0	3.2	135.1	97.3	45.0	53.2	-5.9	11.0	5.5	33.5	-0.3
Investments in Other Entities	0.0	-74.0	—	—	—	—	-0.8	14.7	-11.1	-5.9	18.9	-10.1
Proceeds from Investments in Other Entities	—	—	-76.2	—	—	—	7.4	6.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.8	0.6	27.3	-1.0	28.6	0.8	0.5	1.0	1.4	1.1	0.8	1.2
Increase/(Decrease) in Term Deposits	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Investing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-226.4	-318.7	193.1	-166.8	-415.1	-138.9	-956.3	12.5	18.7	14.1	-66.8	-0.8
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	0.00	0.00	-50,000,000.00	679,000,000.00	0.00	0.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	1,377.1	1,288.2	1,191.2	1,299.3	2,113.1	973.9	1,732.9	706.2	586.0	611.0	886.9	574.5
Repayment of Borrowings	-1,301.9	-1,217.5	-1,404.3	-1,231.9	-1,106.3	-851.2	-878.6	-669.3	-446.0	-747.6	-804.1	-645.9
Repayment of Finance Leases	-22.8	-20.8	-25.0	-26.3	-15.7	-15.0	-15.6	0.7	-21.7	-18.2	-13.1	-16.0
Dividends Paid	—	—	-65.4	—	—	—	0.0	-0.0	0.0	-15.7	-0.0	0.0
Other Financing Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Financing Payments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	52.4	49.9	-237.5	41.0	991.1	107.8	838.7	37.7	118.2	-169.9	69.7	-87.4
Net Cash Flow During the Period	152.7	-423.5	251.7	-152.1	383.0	-194.0	215.6	-109.4	-22.8	-312.3	474.9	-47.8
Cash and Cash Equivalents at Beginning of Period	337.7	761.2	509.9	662.0	279.0	473.0	701.7	701.7	701.7	701.7	174.6	174.6
FX Difference from Revaluation	-0.0	-0.0	-0.3	0.0	0.0	0.0	2.9	-5.8	3.0	0.0	1.0	0.0
Cash and Cash Equivalents at End of Period	490.4	337.7	761.2	509.9	662.0	279.0	472.8	254.4	369.6	389.4	701.7	225.8

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP FECON (FCN) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, FCN is improving on both revenue and margins, suggesting current growth is backed by both scale and operating efficiency — the growth momentum has held across consecutive periods.

Want to know what to do next with this momentum? Talk to an advisor

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