HNM · CTCP Sữa Hà Nội

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

Item	2025	2024	2023	2022	2021
Revenue	743.9	722.9	704.1	486.6	272.5
Revenue Deductions	9.8	8.5	5.2	2.5	0.0
Net Revenue	734.1	714.4	698.8	484.2	271.2
Cost of Goods Sold	611.4	601.9	579.2	377.9	0.0
Gross Profit	122.7	112.5	119.6	106.3	76.0
Financial Income	2.0	3.8	3.5	2.4	0.1
Financial Expenses	10.4	6.6	7.6	13.6	-11.1
Interest Expense	9.8	5.4	7.4	12.9	-10.7
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	78.6	68.9	62.6	48.1	-32.0
General and Administrative Expenses	17.7	8.6	12.7	1.5	-12.2
Operating Profit	17.9	32.1	40.2	45.4	20.9
Other Income	4.2	7.4	6.2	0.0	0.0
Other Expenses	0.2	2.0	2.3	7.1	0.0
Other Profit	4.0	5.4	3.9	-7.1	-6.0
Profit Before Tax	21.9	37.5	44.1	38.3	14.9
Current Income Tax Expense	4.4	7.9	10.5	0.0	-0.0
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	17.5	29.6	33.6	38.3	14.9
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	17.5	29.6	33.6	38.3	14.9
Earnings per Share	393.00	666.00	1,052.00	191,443.00	403.00
Diluted EPS	393.04	666.38	757.59	1,914.43	743.77

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	532.4	383.2	374.6	319.4	266.3
I. Cash and cash equivalents	104.9	11.5	3.4	3.2	1.5
1. Cash	69.9	11.5	3.4	3.2	0.0
2. Cash equivalents	35.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	0.0	0.0	0.0	0.0	0.0
1. Available for sale securities	0.1	0.1	0.1	0.1	0.0
2. Provision for diminution in value of available for sale securities (*)	-0.1	-0.1	-0.1	-0.1	0.0
3. Held to maturity investments	—	0.0	0.0	0.0	0.0
III. Short-term receivables	121.4	76.6	109.3	85.4	106.3
1. Short-term trade accounts receivable	66.3	63.3	89.4	50.3	0.0
2. Short-term prepayments to suppliers	63.1	21.4	24.3	37.5	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	—	0.0	0.0	0.0	0.0
6. Other short-term receivables	3.4	2.0	8.9	9.7	0.0
7. Provision for short-term doubtful debts (*)	-11.4	-10.1	-13.3	-12.1	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	294.7	291.3	253.7	230.9	158.2
1. Inventories	294.7	291.3	253.7	230.9	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	11.4	3.7	8.1	0.0	0.2
1. Short-term prepayments	0.3	0.5	1.4	0.0	0.0
2. Value added tax to be reclaimed	7.8	0.1	4.0	0.0	0.0
3. Taxes and other receivables from state authorities	3.4	3.1	2.7	0.0	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)	344.4	222.2	308.8	190.0	195.1
I. Long-term receivables	3.5	0.0	102.7	92.2	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	92.2
2. Long-term prepayments to suppliers	—	0.0	101.5	88.1	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	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	3.5	0.0	1.2	4.2	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	198.7	176.8	119.0	65.1	71.2
1. Tangible fixed assets	198.2	176.1	107.8	52.7	57.7
- Cost	403.1	363.8	281.7	231.1	0.0
- Accumulated depreciation	-204.9	-187.7	-173.9	-178.4	0.0
2. Financial leased fixed assets	—	0.0	10.4	11.4	12.4
- Cost	—	0.0	14.8	14.8	0.0
- Accumulated depreciation	—	0.0	-4.3	-3.3	0.0
3. Intangible fixed assets	0.5	0.7	0.8	1.0	1.1
- Cost	2.3	2.3	2.3	2.3	0.0
- Accumulated depreciation	-1.8	-1.7	-1.5	-1.3	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	113.4	15.4	57.7	4.3	3.1
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	113.4	15.4	57.7	4.3	0.0
V. Long-term financial investments	27.0	27.0	27.0	27.0	27.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	0.0	0.0	0.0	0.0
3. Investments in other entities	27.0	27.0	27.0	27.0	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	—	0.0	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	1.7	3.1	2.3	1.3	0.0
1. Long-term prepayments	1.7	3.1	2.3	1.3	0.0
2. Deferred income tax assets	—	0.0	0.0	0.0	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	1.7
5. Goodwill	—	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	876.8	605.4	683.3	509.4	461.4
A. LIABILITIES (300=210+330)	404.6	129.7	237.2	340.6	332.7
I. Short -term liabilities	289.5	129.7	237.2	340.6	330.2
1. Short-term trade accounts payable	137.7	43.1	78.6	77.6	62.0
2. Short-term advances from customers	7.0	5.1	2.1	3.4	6.1
3. Taxes and other payables to state authorities	3.7	6.1	10.9	5.5	0.0
4. Payable to employees	7.4	6.1	5.8	5.2	0.0
5. Short-term acrrued expenses	5.4	39.8	34.1	28.3	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	—	0.0	0.0	0.0	0.0
9. Other short-term payables	8.3	9.4	26.1	25.3	0.0
10. Short-term borrowings and financial leases	120.0	20.2	79.6	195.3	200.5
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	—	0.0	0.0	0.0	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	115.2	0.0	0.0	0.0	2.5
1. Long-term trade payables	—	0.0	0.0	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	—	0.0	0.0	0.0	0.0
7. Other long-term liabilities	—	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	115.2	0.0	0.0	0.0	2.5
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
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)	472.1	475.7	446.1	168.8	128.7
I. Owner's equity	472.1	475.7	446.1	168.8	0.0
1. Owner's capital	444.0	444.0	444.0	200.0	128.7
- Common stock with voting right	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	200,000,000,000.00	200,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	—	4.3	4.3	4.6	4.6
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	4.3	0.0	0.0	0.0	0.0
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	5.0	5.0	5.0	5.0	0.0
9. Fund to support corporate restructuring	—	0.0	0.0	0.0	0.0
10. Other funds from owner's equity	—	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	18.9	22.4	-7.2	-40.8	-80.8
- Accumulated retained earning at the end of the previous period	1.4	-7.2	-40.8	-79.1	-93.5
- Undistributed earnings in this period	17.5	29.6	33.6	38.3	12.7
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	—	0.0	0.0	0.0	0.0
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)	876.8	605.4	683.3	509.4	461.4

Item	2025	2024	2023	2022	2021
Profit Before Tax	21.9	37.5	44.1	38.3	15.2
Depreciation of Fixed Assets and Investment Property	17.4	15.0	-3.4	9.0	9.8
Provision (Increase)/Reversal	1.3	-3.2	1.2	-7.0	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.1	-0.0	-0.0	0.1	0.0
Gain/Loss from Investment Activities	-0.1	-1.7	-0.0	-0.0	0.0
Interest Expense	9.8	5.4	7.4	12.9	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	50.2	53.0	49.4	53.3	37.4
Increase/(Decrease) in Receivables	-57.6	142.1	-32.8	26.0	0.0
Increase/(Decrease) in Inventory	-3.4	-37.6	-22.8	-71.5	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	50.8	-6.3	15.8	6.1	0.0
Increase/(Decrease) in Prepaid Expenses	42.9	0.2	-2.3	0.5	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-46.4	0.0	-0.2	-2.2	0.0
Corporate Income Tax Paid	-7.0	-12.8	0.0	0.0	0.0
Other Operating Receipts	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Operating Activities	29.5	138.6	7.0	12.2	3.5
Payments for Fixed Assets and Other Long-term Assets	-130.3	-72.7	-104.0	-4.2	-3.2
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.0	1.7	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	0.0	0.0	0.0	0.0
Investments in Other Entities	—	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.1	0.0	0.0	0.0	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	-130.2	-71.0	-104.0	-4.2	-3.2
Proceeds from Equity Issuance and Capital Contributions	—	0.00	99,670,000,000.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	338.7	76.0	50.0	6.6	10.1
Repayment of Borrowings	-123.7	-135.4	-49.9	-10.1	-8.7
Repayment of Finance Leases	—	0.0	-2.6	-2.9	-2.2
Dividends Paid	-21.0	0.0	0.0	0.0	0.0
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	194.0	-59.4	97.2	-6.4	-0.8
Net Cash Flow During the Period	93.3	8.1	0.2	1.6	-0.4
Cash and Cash Equivalents at Beginning of Period	11.5	3.4	3.2	1.5	2.0
FX Difference from Revaluation	0.0	0.0	-0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	104.9	11.5	3.4	3.2	1.5

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	197.7	192.2	211.1	154.7	183.5	194.6	191.8	217.5	180.9	132.8	207.6	184.8
Revenue Deductions	1.9	2.6	4.5	1.8	1.1	2.4	4.1	1.4	1.8	1.3	1.1	1.1
Net Revenue	195.8	189.6	206.6	152.9	182.4	192.2	187.6	216.1	179.1	131.6	206.5	183.7
Cost of Goods Sold	152.3	153.9	173.2	124.9	149.6	166.8	162.4	183.7	146.6	109.0	176.0	148.5
Gross Profit	43.5	35.7	33.4	28.0	32.8	25.4	25.2	32.4	32.4	22.6	30.6	35.2
Financial Income	3.4	0.0	0.3	0.1	0.3	1.3	1.2	1.2	1.2	0.1	0.9	0.7
Financial Expenses	5.7	4.2	3.3	1.7	5.1	0.2	1.4	1.8	1.8	1.6	1.8	1.8
Interest Expense	5.5	4.1	3.7	1.1	5.0	1.6	1.2	1.3	1.3	1.6	1.8	1.8
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	30.7	22.0	22.3	19.9	18.1	16.9	18.4	18.5	17.7	14.3	15.8	16.8
General and Administrative Expenses	4.5	4.8	4.6	4.2	3.6	3.7	-0.6	3.1	3.3	2.9	2.7	3.1
Operating Profit	6.0	4.8	3.5	2.3	6.2	5.9	7.2	10.2	10.7	3.9	11.2	14.1
Other Income	4.0	—	0.0	0.0	—	4.2	0.3	0.0	3.2	3.9	1.4	0.0
Other Expenses	0.2	0.1	-0.0	0.3	0.0	0.0	0.0	0.1	1.7	0.2	0.7	0.5
Other Profit	3.8	-0.1	0.1	-0.3	-0.0	4.2	0.2	-0.1	1.5	3.7	0.6	-0.5
Profit Before Tax	9.8	4.7	3.6	2.0	6.2	10.1	7.5	10.1	12.3	7.6	11.9	13.5
Current Income Tax Expense	2.0	1.0	0.8	0.4	1.2	2.0	1.5	2.1	2.8	1.5	8.6	0.0
Deferred Income Tax Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	7.8	3.7	2.8	1.6	5.0	8.1	6.0	8.1	9.5	6.0	3.3	13.5
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	7.8	3.7	2.8	1.6	5.0	8.1	6.0	8.1	9.5	6.0	3.3	13.5
Earnings per Share	176.00	84.00	64.00	36.00	113.00	182.00	135.00	182.00	213.00	136.00	74.00	305.00
Diluted EPS	175.95	84.12	63.87	36.26	112.60	181.83	134.77	181.63	213.16	136.19	73.87	305.16

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)	536.2	515.7	555.9	513.6	463.3	410.8	383.3	414.6	375.5	369.9	398.3	504.4
I. Cash and cash equivalents	28.5	37.7	69.9	49.8	52.3	11.6	11.5	8.1	4.4	7.9	3.4	4.7
1. Cash	28.5	37.7	69.9	49.8	52.3	11.6	11.5	8.1	4.4	7.9	3.4	4.7
2. Cash equivalents	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	56.7	47.0	35.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
1. Available for sale securities	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
2. Provision for diminution in value of available for sale securities (*)	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1	-0.1
3. Held to maturity investments	56.7	47.0	35.0	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Short-term receivables	169.0	155.1	148.5	165.8	146.6	113.2	76.7	137.4	90.4	104.5	128.9	219.4
1. Short-term trade accounts receivable	96.5	95.6	91.8	77.1	90.0	75.9	63.4	77.4	73.8	79.7	97.9	89.0
2. Short-term prepayments to suppliers	78.9	68.8	63.3	96.0	64.7	43.7	21.4	66.8	22.2	28.4	33.6	131.7
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other short-term receivables	5.4	2.1	3.5	2.8	2.0	3.7	2.0	7.0	8.3	9.7	8.9	10.3
7. Provision for short-term doubtful debts (*)	-11.8	-11.4	-10.1	-10.1	-10.1	-10.1	-10.1	-13.9	-13.9	-13.3	-11.5	-11.6
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	273.3	267.8	291.1	295.3	264.1	285.4	291.3	268.1	276.4	252.2	257.8	279.6
1. Inventories	273.3	267.8	291.1	295.3	264.1	285.4	291.3	268.1	276.4	252.2	257.8	279.6
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	8.7	8.2	11.5	2.6	0.3	0.6	3.7	1.0	4.2	5.2	8.1	0.6
1. Short-term prepayments	0.7	0.1	0.3	0.4	0.3	0.2	0.5	1.0	0.9	1.3	1.4	0.6
2. Value added tax to be reclaimed	1.3	4.3	7.8	—	—	—	0.1	0.0	3.3	3.7	4.0	0.0
3. Taxes and other receivables from state authorities	6.7	3.8	3.4	2.2	—	0.4	3.1	0.0	0.0	0.2	2.7	0.0
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)	373.2	366.4	344.5	223.2	220.4	217.6	222.2	235.2	315.8	313.4	301.0	198.5
I. Long-term receivables	3.5	3.5	3.5	3.5	3.5	0.0	0.0	23.0	101.5	105.1	94.9	95.4
1. Long-term trade receivables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Long-term prepayments to suppliers	—	—	—	—	—	—	0.0	23.0	101.5	105.1	93.7	85.0
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	3.5	3.5	3.5	3.5	3.5	0.0	0.0	0.0	0.0	0.0	1.2	10.5
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	262.3	193.8	198.8	170.6	173.8	172.5	176.8	167.5	170.3	116.3	119.0	64.9
1. Tangible fixed assets	261.8	193.4	198.3	170.1	173.2	171.8	176.1	166.8	169.6	115.6	107.8	53.4
- Cost	477.6	403.3	—	—	—	—	363.8	350.4	349.0	292.5	281.7	237.2
- Accumulated depreciation	-215.8	-209.9	—	—	—	—	-187.7	-183.5	-179.5	-177.0	-173.9	-183.8
2. Financial leased fixed assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	10.4	10.7
- Cost	—	—	—	—	—	—	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
3. Intangible fixed assets	0.4	0.5	0.5	0.5	0.6	0.6	0.7	0.7	0.7	0.8	0.8	0.9
- Cost	2.3	2.3	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-1.9	-1.9	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Cost	—	—	—	—	—	—	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	78.8	140.6	113.4	19.8	13.9	15.4	15.4	14.9	14.9	62.9	57.7	9.6
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	78.8	140.6	113.4	19.8	13.9	15.4	15.4	14.9	14.9	62.9	57.7	9.6
V. Long-term financial investments	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Investments in other entities	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0	27.0
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VI. Other long-term assets	1.6	1.6	1.8	2.2	2.2	2.7	3.1	2.7	2.1	2.0	2.3	1.6
1. Long-term prepayments	1.6	1.6	1.8	2.2	2.2	2.7	3.1	2.7	2.1	2.0	2.3	1.6
2. Deferred income tax assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Long-term equipment, supplies, spare parts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other long-term assets	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
5. Goodwill	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
VII. Goodwill (before 2015)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
TOTAL ASSETS (280=100+200)	909.3	882.2	900.5	736.7	683.7	628.4	605.5	649.8	691.3	683.3	699.2	702.9
A. LIABILITIES (300=210+330)	425.7	406.3	428.3	267.4	195.0	144.6	129.9	180.1	229.7	231.1	246.3	251.9
I. Short -term liabilities	303.1	279.9	313.1	170.1	95.0	144.6	129.9	180.1	229.7	231.1	246.3	251.9
1. Short-term trade accounts payable	144.7	121.7	163.5	87.1	64.1	55.7	43.2	50.3	77.0	79.1	78.6	84.1
2. Short-term advances from customers	10.3	11.4	6.8	10.2	7.1	15.3	5.2	17.2	14.4	7.5	2.1	4.8
3. Taxes and other payables to state authorities	6.9	4.6	3.0	3.0	6.1	2.6	6.0	4.9	3.5	4.0	10.3	5.9
4. Payable to employees	9.7	10.3	6.7	4.4	3.8	4.2	6.1	3.9	3.9	4.6	5.8	3.9
5. Short-term acrrued expenses	2.1	1.8	4.7	6.1	5.1	36.2	39.8	39.9	38.3	36.6	34.1	35.5
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	9.1	9.8	8.3	9.3	8.8	10.5	9.3	8.9	23.7	25.3	26.4	26.6
10. Short-term borrowings and financial leases	120.3	120.3	120.0	50.0	—	20.2	20.2	55.0	68.8	74.0	89.1	91.1
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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	122.6	126.4	115.2	97.2	100.0	—	0.0	0.0	0.0	0.0	0.0	0.0
1. Long-term trade payables	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
7. Other long-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
8. Long-term borrowings and financial leases	122.6	126.4	115.2	97.2	100.0	—	0.0	0.0	0.0	0.0	0.0	0.0
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	—	—	—	—	—	—	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)	483.6	475.9	472.2	469.4	488.7	483.8	475.7	469.7	461.6	452.1	452.9	451.0
I. Owner's equity	483.6	475.9	472.2	469.4	488.7	483.8	475.7	469.7	461.6	452.1	452.9	451.0
1. Owner's capital	444.0	444.0	444.0	444.0	444.0	444.0	444.0	444.0	444.0	444.0	444.0	444.0
- Common stock with voting right	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00	444,000,000,000.00
- Preferred stock	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	—	4.3	4.3	4.3	4.3	4.3	4.3	4.3	4.3	4.3	4.3	4.3
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	4.3	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0	5.0
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
11. Undistributed earnings after tax	30.4	22.6	19.0	16.1	35.5	30.5	22.4	16.4	8.4	-1.1	-0.4	-2.2
- Accumulated retained earning at the end of the previous period	18.8	18.9	1.4	1.4	22.4	22.4	-7.2	-7.2	-7.2	-7.2	-42.2	-40.8
- Undistributed earnings in this period	11.5	3.7	17.5	14.7	13.1	8.1	29.6	23.6	15.5	6.0	41.9	38.6
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
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)	909.3	882.2	900.5	736.7	683.7	628.4	605.5	649.8	691.3	683.3	699.2	702.9

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	9.8	4.7	3.5	2.0	6.2	10.1	7.5	10.1	12.3	7.6	5.5	13.5
Depreciation of Fixed Assets and Investment Property	5.9	5.0	4.6	4.1	4.4	4.3	4.2	-1.3	8.0	-1.2	-9.6	2.1
Provision (Increase)/Reversal	0.4	—	1.3	0.0	-0.0	—	-3.8	-0.0	0.6	0.0	1.7	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	—	0.0	0.0	-0.1	—	0.0	-0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-3.0	-0.0	-0.1	-0.0	1.2	-1.3	2.5	-0.8	-1.6	-0.1	-0.0	-0.0
Interest Expense	5.5	4.1	3.7	1.1	3.3	1.6	1.2	1.3	1.3	1.6	1.8	1.8
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	18.6	13.8	13.2	7.2	15.1	14.8	11.6	9.3	20.6	7.8	-0.7	17.5
Increase/(Decrease) in Receivables	-14.3	-30.6	30.8	-19.1	-35.5	-33.7	82.5	34.7	17.9	5.2	97.6	-133.4
Increase/(Decrease) in Inventory	-5.5	26.9	0.6	-31.2	21.3	5.9	-23.2	8.1	-24.0	1.5	25.9	14.5
Increase/(Decrease) in Payables (Excl. Interest and CIT)	24.1	-10.8	51.3	16.3	-29.6	12.9	-16.9	-88.9	51.9	-2.0	12.5	-21.9
Increase/(Decrease) in Prepaid Expenses	-0.6	0.3	42.0	-0.1	0.5	0.6	0.2	-0.8	0.4	0.4	-1.4	-1.1
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	-0.0	0.0	0.0	0.0
Interest Paid	-5.5	-4.1	-44.6	-0.3	—	-1.6	-1.2	-4.2	1.6	-1.6	-0.0	-0.0
Corporate Income Tax Paid	—	—	-1.5	—	-5.5	—	0.0	11.5	-11.5	0.0	0.0	0.0
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	—	—	—	—	—	—	-0.1	0.0	0.0	0.0	0.0	0.0
Net Cash Flow from Operating Activities	16.9	-4.4	86.3	-23.4	-32.2	-1.2	53.0	-30.4	56.9	11.2	133.9	-124.4
Payments for Fixed Assets and Other Long-term Assets	-12.6	-27.2	-119.2	-5.3	-5.7	—	-13.9	46.9	-56.7	-1.3	-92.7	-1.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	0.0	—	—	—	1.7	-1.7	1.7	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-9.7	-47.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	0.0	0.0	0.1	0.0	-1.2	1.3	-2.5	2.5	-0.1	0.1	0.0	-0.0
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	-22.3	-74.2	-119.1	-5.3	-7.0	1.3	-14.8	47.7	-55.2	-1.1	-92.7	-1.0
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	0.00	0.00	0.00	0.00	-330,000,000.00	100,000,000,000.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	84.8	123.3	162.7	50.0	126.0	—	11.1	62.1	0.5	2.3	-1.1	33.6
Repayment of Borrowings	-88.5	-111.8	-74.8	-2.8	-46.2	—	-45.9	-75.8	-5.8	-7.9	-40.6	-3.4
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	-0.6	-0.7
Dividends Paid	-0.1	—	-0.0	-21.0	—	—	0.0	0.0	0.0	0.0	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	-3.8	11.5	87.9	26.3	79.8	—	-34.8	-13.8	-5.2	-5.6	-42.6	129.6
Net Cash Flow During the Period	-9.2	-67.2	55.1	-2.5	40.6	0.0	3.4	3.6	-3.4	4.5	-1.3	4.2
Cash and Cash Equivalents at Beginning of Period	37.7	104.9	49.8	52.3	11.6	11.5	3.4	3.4	3.4	3.4	3.2	3.2
FX Difference from Revaluation	—	—	0.0	0.0	0.1	—	0.1	0.0	-0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	28.5	37.7	104.9	49.8	52.3	11.6	11.5	8.1	4.4	7.9	3.4	4.7

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP Sữa Hà Nội (HNM) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, HNM is going through a period of clear decline across multiple metrics at once — margins have been compressing consistently over multiple periods.

There's something worth weighing here — talk to an advisor

Tiếp theo: Chuỗi số liệu & so sánh ngành → Tổng quan· Bóc tách BCTC· Nhận định