The financial statements of IJC

Income statement, balance sheet and cash flow, by quarter and by year. Unit: VND billion, unless a line states otherwise.

Item	2025	2024	2023	2022	2021
Revenue	1,696.1	1,026.3	1,515.7	1,978.4	2,612.9
Revenue Deductions	89.5	6.1	21.4	10.2	0.0
Net Revenue	1,606.6	1,020.3	1,494.3	1,968.1	2,601.5
Cost of Goods Sold	791.5	561.9	843.7	1,159.3	0.0
Gross Profit	815.1	458.4	650.7	808.9	987.9
Financial Income	15.3	4.2	4.7	3.8	7.0
Financial Expenses	68.7	54.8	71.5	82.5	-105.8
Interest Expense	46.1	45.4	74.7	76.7	-102.8
Share of Associates and Joint Ventures	84.9	121.7	0.0	0.0	-0.0
Selling Expenses	125.0	32.7	37.3	40.2	-41.7
General and Administrative Expenses	83.1	76.3	63.5	63.5	-68.6
Operating Profit	638.4	420.5	483.1	626.4	778.9
Other Income	92.2	24.3	28.3	30.0	0.0
Other Expenses	22.9	30.0	17.0	15.9	0.0
Other Profit	69.4	-5.7	11.3	14.1	3.2
Profit Before Tax	707.8	414.9	494.4	640.5	782.1
Current Income Tax Expense	110.4	60.8	99.5	129.5	-161.6
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	597.4	354.1	394.9	511.0	620.5
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	597.4	354.1	394.9	511.0	620.5
Earnings per Share VND per share	1,318.00	931.00	1,458.00	1,914.00	2,801.00
Diluted EPS VND per share	948.81	931.00	1,458.00	1,914.00	2,858.30

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	6,016.7	4,497.7	3,742.8	4,408.2	4,773.8
I. Cash and cash equivalents	923.2	79.9	284.2	226.0	146.7
1. Cash	58.4	65.9	242.2	103.0	0.0
2. Cash equivalents	864.8	14.0	42.0	123.0	0.0
II. Short-term financial investments	763.5	16.3	14.8	11.8	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	763.5	16.3	14.8	11.8	0.0
III. Short-term receivables	638.1	636.2	674.3	593.8	577.8
1. Short-term trade accounts receivable	545.0	595.3	637.0	552.9	0.0
2. Short-term prepayments to suppliers	57.1	6.1	3.4	11.2	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	41.3	39.4	34.3	29.7	0.0
7. Provision for short-term doubtful debts (*)	-5.2	-4.6	-0.3	0.0	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	3,686.5	3,682.8	2,765.5	3,570.8	4,023.1
1. Inventories	3,686.5	3,682.8	2,765.5	3,570.8	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	5.3	82.6	4.0	5.9	20.4
1. Short-term prepayments	5.2	5.4	4.0	4.9	0.0
2. Value added tax to be reclaimed	—	77.2	0.0	1.0	0.0
3. Taxes and other receivables from state authorities	0.1	0.0	0.0	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)	4,316.2	3,344.9	2,661.0	2,115.2	2,033.8
I. Long-term receivables	1,416.8	774.2	779.5	759.6	0.0
1. Long-term trade receivables	942.0	299.6	305.4	285.5	736.4
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	—	0.0	0.0	0.0	0.0
6. Other long-term receivables	474.8	474.6	474.1	474.1	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	510.1	547.6	582.0	583.1	527.1
1. Tangible fixed assets	496.8	531.9	563.9	564.4	516.8
- Cost	1,177.7	1,161.4	1,152.8	1,104.4	0.0
- Accumulated depreciation	-681.0	-629.5	-588.8	-540.1	0.0
2. Financial leased fixed assets	—	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
3. Intangible fixed assets	13.3	15.7	18.0	18.7	10.3
- Cost	29.2	29.3	30.2	28.5	0.0
- Accumulated depreciation	-15.9	-13.6	-12.2	-9.8	0.0
III. Investment properties	493.6	514.5	672.6	370.2	378.6
- Cost	529.1	540.3	728.4	417.9	0.0
- Accumulated depreciation	-35.5	-25.8	-55.8	-47.7	0.0
IV. Long-term assets in progress	366.5	642.6	362.7	360.1	386.2
1. Long-term production in progress	366.4	642.4	360.0	352.3	0.0
2. Construction in progress	0.2	0.2	2.7	7.8	0.0
V. Long-term financial investments	1,510.8	834.6	223.6	32.9	0.0
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	1,483.8	807.6	0.0	0.0	0.0
3. Investments in other entities	27.0	27.0	227.0	37.0	0.0
4. Provision for diminution in value of long-term investments	—	0.0	-3.4	-4.1	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	18.3	31.4	40.6	9.3	0.0
1. Long-term prepayments	18.3	31.4	40.6	9.3	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	5.5
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)	10,332.8	7,842.7	6,403.8	6,523.4	6,807.6
A. LIABILITIES (300=210+330)	2,268.5	2,691.2	2,580.2	2,707.2	3,464.3
I. Short -term liabilities	952.5	2,089.2	2,317.8	2,011.1	1,955.9
1. Short-term trade accounts payable	81.3	696.7	491.5	802.7	831.6
2. Short-term advances from customers	9.5	10.8	6.7	10.2	18.4
3. Taxes and other payables to state authorities	84.0	28.4	195.0	81.6	0.0
4. Payable to employees	11.8	9.7	11.3	10.2	0.0
5. Short-term acrrued expenses	268.6	282.5	337.4	373.2	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	0.1	0.0	0.1	0.0
9. Other short-term payables	348.2	350.1	436.6	84.1	0.0
10. Short-term borrowings and financial leases	85.9	646.9	781.2	605.2	521.6
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	63.2	64.0	58.1	43.8	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	1,316.0	602.0	262.4	696.1	1,508.4
1. Long-term trade payables	—	18.8	18.8	129.7	169.7
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	113.2	11.9	8.5	136.0	711.0
7. Other long-term liabilities	12.4	24.5	25.0	26.2	0.0
8. Long-term borrowings and financial leases	1,190.4	546.8	210.0	404.3	601.6
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts) VND per share	—	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)	8,064.3	5,151.4	3,823.6	3,816.2	3,343.3
I. Owner's equity	8,064.3	5,151.4	3,823.6	3,816.2	0.0
1. Owner's capital	6,295.8	3,777.5	2,518.3	2,171.0	3,343.3
- Common stock with voting right VND per share	6,295,806,400,000.00	3,777,483,840,000.00	2,518,325,090,000.00	2,170,973,230,000.00	2,170,973,230,000.00
- Preferred stock VND per share	—	0.00	0.00	0.00	0.00
2. Share premium	211.3	211.3	211.3	211.3	211.3
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	10.8	10.8	10.8	10.8	10.8
5. Treasury shares VND per share	—	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	766.3	712.5	616.3	464.7	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	780.1	439.3	466.8	958.5	677.1
- Accumulated retained earning at the end of the previous period	199.6	75.9	84.5	456.7	59.2
- Undistributed earnings in this period	580.5	363.4	382.3	501.8	617.9
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)	10,332.8	7,842.7	6,403.8	6,523.4	6,807.6

Item	2025	2024	2023	2022	2021
Profit Before Tax	707.8	414.9	494.4	640.5	782.1
Depreciation of Fixed Assets and Investment Property	65.2	66.3	59.3	55.4	49.8
Provision (Increase)/Reversal	0.7	0.8	-0.3	4.1	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.0	-0.0	0.0	-0.0	0.0
Gain/Loss from Investment Activities	-171.6	-131.5	-4.4	-3.7	0.0
Interest Expense	46.1	45.4	71.7	78.4	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	648.1	395.8	620.7	774.7	929.7
Increase/(Decrease) in Receivables	-535.7	113.1	-100.0	-18.8	0.0
Increase/(Decrease) in Inventory	288.4	-1,196.7	487.5	455.4	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-483.1	133.0	-547.6	-738.4	0.0
Increase/(Decrease) in Prepaid Expenses	13.3	7.8	-30.4	-5.9	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-44.4	-51.6	-74.8	-64.6	0.0
Corporate Income Tax Paid	-94.3	-173.9	-43.3	-65.6	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-24.5	-24.4	-20.6	-28.1	0.0
Net Cash Flow from Operating Activities	-232.3	-796.9	291.4	308.8	-969.8
Payments for Fixed Assets and Other Long-term Assets	-22.6	-56.9	-24.4	-74.9	-38.1
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.0	25.9	0.0	0.1	0.0
Loans and Purchases of Debt Instruments	-785.5	-10.5	-16.5	-7.5	-0.1
Receipts from Loan Repayments and Sale of Debt Instruments	38.3	9.0	13.5	1.6	2.5
Investments in Other Entities	-573.0	-484.2	-200.0	-37.0	0.0
Proceeds from Investments in Other Entities	—	0.0	10.0	0.0	0.0
Dividends and Interest Income Received	8.3	3.9	4.3	3.4	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	-1,334.5	-512.8	-213.1	-114.3	-28.9
Proceeds from Equity Issuance and Capital Contributions VND per share	2,518,322,560,000.00	1,259,158,750,000.00	0.00	0.00	1,000,906,000,000.00
Share Repurchases VND per share	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	1,407.3	1,338.0	369.5	606.2	889.8
Repayment of Borrowings	-1,326.3	-1,137.3	-389.4	-721.5	-709.6
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-189.3	-354.5	-0.1	-0.0	-325.7
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	2,410.0	1,105.4	-20.1	-115.3	855.4
Net Cash Flow During the Period	843.3	-204.3	58.2	79.3	-57.0
Cash and Cash Equivalents at Beginning of Period	79.9	284.2	226.0	146.7	290.0
FX Difference from Revaluation	0.0	0.0	-0.0	0.0	-0.0
Cash and Cash Equivalents at End of Period	923.2	79.9	284.2	226.0	146.7

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	265.7	279.5	634.7	708.6	194.8	155.7	306.3	189.2	394.7	162.1	251.5	214.1
Revenue Deductions	30.5	26.0	37.2	37.0	20.7	6.1	0.0	0.0	6.1	0.0	13.1	0.0
Net Revenue	235.3	253.5	597.5	671.6	174.1	149.6	306.3	189.2	388.6	162.1	238.3	214.1
Cost of Goods Sold	127.2	121.0	344.7	350.1	23.5	64.0	159.6	92.1	247.6	80.9	93.5	87.6
Gross Profit	108.0	132.5	252.8	321.4	150.6	85.6	146.6	97.1	140.9	81.3	144.8	126.6
Financial Income	22.7	22.0	11.1	2.1	1.7	0.4	1.1	1.3	1.5	0.3	0.7	0.9
Financial Expenses	16.9	17.0	21.4	15.4	22.7	9.3	20.1	7.7	17.8	9.1	26.5	18.0
Interest Expense	11.2	11.4	15.7	9.8	11.6	9.3	9.7	7.8	18.7	10.2	26.1	16.1
Share of Associates and Joint Ventures	5.2	16.2	-9.2	72.9	43.8	7.1	76.8	43.5	2.4	0.0	0.0	0.0
Selling Expenses	-9.5	11.1	51.4	58.7	7.9	9.4	8.7	9.9	8.5	9.5	7.3	9.7
General and Administrative Expenses	19.1	18.5	26.8	18.9	19.3	18.2	20.1	17.8	19.8	15.9	20.0	14.2
Operating Profit	109.3	124.2	155.1	303.6	146.3	56.2	175.6	106.5	98.7	47.1	91.6	85.6
Other Income	3.2	3.2	7.3	4.2	5.4	2.7	5.1	3.3	4.5	5.7	7.5	4.4
Other Expenses	8.0	1.5	5.0	8.7	5.3	3.9	4.4	11.1	10.7	3.8	3.3	3.8
Other Profit	-4.8	1.7	2.4	-4.5	0.1	-1.3	0.7	-7.8	-6.3	1.9	4.2	0.6
Profit Before Tax	104.5	125.9	157.4	299.1	146.4	55.0	176.3	98.8	92.4	49.0	95.8	86.2
Current Income Tax Expense	18.4	21.6	37.2	44.7	19.5	9.5	20.2	12.2	18.9	9.7	19.8	16.9
Deferred Income Tax Expense	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	86.1	104.3	120.3	254.4	127.0	45.5	156.1	86.6	73.5	39.2	76.0	69.3
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	86.1	104.3	120.3	254.4	127.0	45.5	156.1	86.6	73.5	39.2	76.0	69.3
Earnings per Share VND per share	147.00	203.00	170.00	640.00	318.00	111.00	423.00	242.00	195.00	139.00	287.00	261.00
Diluted EPS VND per share	147.00	203.00	170.00	640.00	318.00	111.00	1,002.00	242.00	195.00	139.00	287.00	261.00

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)	7,075.8	6,190.4	6,368.6	5,086.7	4,532.3	4,510.3	4,501.0	4,657.3	4,925.0	4,289.3	4,050.6	4,045.5
I. Cash and cash equivalents	568.5	826.3	923.2	242.6	113.5	91.9	79.9	161.9	141.8	835.8	284.2	187.7
1. Cash	53.5	301.9	58.4	58.8	98.5	74.9	65.9	77.9	139.8	833.8	242.2	83.7
2. Cash equivalents	515.0	524.3	864.8	183.8	15.0	17.0	14.0	84.0	2.0	2.0	42.0	104.0
II. Short-term financial investments	723.6	862.9	763.5	14.2	0.8	5.8	16.3	16.3	10.8	10.8	14.8	17.8
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	723.6	862.9	763.5	14.2	0.8	5.8	16.3	16.3	10.8	10.8	14.8	17.8
III. Short-term receivables	764.8	702.9	638.5	642.1	626.7	638.0	639.5	648.8	651.0	666.8	675.1	748.5
1. Short-term trade accounts receivable	633.8	574.6	544.7	566.8	587.0	597.8	595.4	615.1	603.3	626.0	635.8	621.9
2. Short-term prepayments to suppliers	98.7	75.6	57.1	7.1	4.7	5.5	7.5	4.5	4.2	4.8	3.4	9.3
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	37.6	57.9	42.0	72.9	39.1	39.3	40.8	29.9	43.8	36.3	36.2	117.6
7. Provision for short-term doubtful debts (*)	-5.4	-5.2	-5.3	-4.6	-4.0	-4.6	-4.1	-0.7	-0.3	-0.3	-0.3	-0.3
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	4,903.2	3,794.1	4,036.6	4,179.6	3,724.8	3,700.0	3,682.8	3,733.4	4,018.6	2,772.6	3,072.5	3,088.9
1. Inventories	4,903.2	3,794.1	4,036.6	4,179.6	3,724.8	3,700.0	3,682.8	3,733.4	4,018.6	2,772.6	3,072.5	3,088.9
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	115.7	4.2	6.7	8.0	66.5	74.7	82.5	96.9	102.8	3.4	4.0	2.6
1. Short-term prepayments	21.5	3.7	6.5	3.7	3.9	4.2	5.3	4.5	3.4	3.0	4.0	2.6
2. Value added tax to be reclaimed	94.0	0.2	—	1.8	60.1	68.1	77.2	92.4	99.4	0.0	0.0	0.0
3. Taxes and other receivables from state authorities	0.2	0.4	0.2	2.5	2.6	2.4	0.0	0.0	0.0	0.4	0.0	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)	4,584.8	4,268.9	3,916.3	3,119.8	3,388.6	3,328.0	3,356.1	3,264.3	2,944.1	2,722.8	2,344.7	2,343.1
I. Long-term receivables	951.3	957.1	1,416.8	1,097.5	743.0	754.0	774.1	752.0	754.0	758.1	779.5	790.7
1. Long-term trade receivables	950.1	955.9	942.0	622.7	268.4	279.3	299.6	277.2	279.7	283.8	305.4	316.9
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	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
6. Other long-term receivables	1.2	1.2	474.8	474.8	474.6	474.7	474.6	474.8	474.2	474.2	474.1	473.8
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	488.3	501.5	510.1	524.3	535.2	540.2	547.6	560.6	565.0	570.4	572.7	563.9
1. Tangible fixed assets	475.9	488.5	496.8	506.8	519.8	524.2	531.9	544.2	547.9	552.7	554.7	546.9
- Cost	1,183.1	1,182.5	—	—	—	—	1,161.4	1,161.2	1,153.8	1,154.0	1,143.5	1,123.8
- Accumulated depreciation	-707.2	-694.0	—	—	—	—	-629.5	-617.0	-605.8	-601.3	-588.8	-576.9
2. Financial leased fixed assets	—	—	—	—	—	—	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
3. Intangible fixed assets	12.4	13.0	13.3	17.5	15.4	16.0	15.7	16.4	17.0	17.7	18.0	17.0
- Cost	29.5	29.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-17.1	-16.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	423.4	425.7	493.6	506.9	509.4	512.0	514.5	516.9	522.5	668.9	365.6	367.6
- Cost	458.0	458.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-34.7	-32.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	367.0	366.6	0.2	—	670.9	644.4	642.6	642.1	361.1	363.2	362.7	358.8
1. Long-term production in progress	367.0	366.6	—	—	670.0	643.7	642.4	641.9	360.9	360.5	360.0	358.6
2. Construction in progress	—	—	0.2	—	1.0	0.7	0.2	0.2	0.2	2.7	2.7	0.2
V. Long-term financial investments	2,336.3	2,000.7	1,477.9	970.0	905.5	846.7	845.8	763.7	707.3	326.5	223.6	233.4
1. Investments in subsidiaries	48.4	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	1,835.7	1,500.0	1,450.9	943.0	878.5	814.7	818.8	736.7	680.3	0.0	0.0	0.0
3. Investments in other entities	500.7	500.7	27.0	27.0	27.0	32.0	27.0	27.0	27.0	327.0	227.0	237.0
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.0	0.0	0.0	-0.5	-3.4	-3.6
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	18.5	17.4	17.8	21.2	24.5	30.7	31.4	29.0	34.3	35.7	40.6	28.5
1. Long-term prepayments	18.5	17.4	17.8	21.2	24.5	30.7	31.4	29.0	34.3	35.7	40.6	28.5
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)	11,660.6	10,459.3	10,284.9	8,206.5	7,920.9	7,838.2	7,857.0	7,921.6	7,869.1	7,012.1	6,395.3	6,388.5
A. LIABILITIES (300=210+330)	3,749.8	2,290.7	2,279.0	2,839.5	2,609.2	2,641.3	2,694.3	2,903.2	2,937.3	2,522.6	2,571.5	2,631.8
I. Short -term liabilities	2,538.9	1,120.7	963.0	2,163.2	2,019.5	2,024.2	2,092.2	2,696.4	2,462.9	2,279.5	2,309.1	2,239.8
1. Short-term trade accounts payable	844.7	59.7	81.0	622.3	713.7	696.4	696.7	1,430.2	1,188.1	441.2	480.4	460.2
2. Short-term advances from customers	60.1	10.4	9.5	16.4	16.1	8.2	12.3	7.9	6.9	7.0	6.7	8.0
3. Dividends and profits payable	577.6	262.8	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	25.8	29.0	77.1	56.1	29.2	11.2	28.6	32.5	24.5	183.1	195.4	212.8
4. Payable to employees	9.1	9.5	11.8	9.6	7.8	9.1	9.7	9.0	7.7	8.7	11.3	9.7
5. Short-term acrrued expenses	296.1	279.6	285.3	316.9	250.9	277.8	282.5	265.2	295.2	339.9	337.4	367.1
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	0.1	0.1	0.0	0.1	0.1	0.0	0.1	0.0	0.0	0.0	0.0	0.0
9. Other short-term payables	78.8	86.4	349.9	544.8	347.6	346.3	351.4	483.9	472.9	370.2	438.7	436.7
10. Short-term borrowings and financial leases	579.3	330.5	85.9	543.1	591.2	618.1	646.9	410.1	406.0	882.3	781.2	696.2
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	67.3	52.7	62.5	54.0	62.8	57.1	64.1	57.7	61.7	47.2	58.0	49.2
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	1,210.9	1,170.0	1,316.0	676.3	589.7	617.1	602.1	206.7	474.3	243.0	262.4	392.0
1. Long-term trade payables	—	—	—	—	9.4	18.8	18.8	18.8	292.2	18.8	18.8	20.3
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	102.9	105.3	113.2	60.2	45.6	29.5	11.9	10.9	5.6	10.2	8.5	9.4
7. Other long-term liabilities	0.4	0.4	12.4	12.4	15.2	21.6	24.6	25.4	25.4	24.1	25.0	25.4
8. Long-term borrowings and financial leases	1,107.6	1,064.4	1,190.4	603.6	519.4	547.2	546.8	151.6	151.2	189.8	210.0	337.0
9. Convertible bonds	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
10. Preferred stock (Debts) VND per share	—	—	—	—	—	—	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)	7,910.8	8,168.6	8,005.9	5,367.0	5,311.7	5,196.9	5,162.8	5,018.4	4,931.9	4,489.5	3,823.8	3,756.8
I. Owner's equity	7,910.8	8,168.6	8,005.9	5,367.0	5,311.7	5,196.9	5,162.8	5,018.4	4,931.9	4,489.5	3,823.8	3,756.8
1. Owner's capital	6,295.8	6,295.8	6,295.8	3,777.5	3,777.5	3,777.5	3,777.5	3,777.5	3,777.5	3,145.0	2,518.3	2,518.3
- Common stock with voting right VND per share	6,295,806,400,000.00	6,295,806,400,000.00	6,295,806,400,000.00	3,777,483,840,000.00	3,777,483,840,000.00	3,777,483,840,000.00	3,777,483,840,000.00	3,777,483,840,000.00	3,777,483,840,000.00	3,145,044,670,000.00	2,518,325,090,000.00	2,518,325,090,000.00
- Preferred stock VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	211.3	211.3	211.3	211.3	211.3	211.3	211.3	211.3	211.3	211.3	211.3	211.3
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	10.8	10.8	10.8	10.8	10.8	10.8	10.8	10.8	10.8	10.8	10.8	10.8
5. Treasury shares VND per share	—	—	—	—	—	—	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	897.6	759.8	766.3	761.2	761.2	712.5	712.5	727.9	727.9	616.3	616.3	612.8
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	495.3	890.9	721.7	606.2	550.8	484.8	450.6	291.0	204.4	506.0	467.1	403.5
- Accumulated retained earning at the end of the previous period	304.9	786.6	208.8	208.8	378.4	439.3	91.6	91.6	91.6	466.8	84.5	84.5
- Undistributed earnings in this period	190.4	104.3	512.8	397.3	172.4	45.5	359.0	199.3	112.8	39.2	382.5	319.0
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)	11,660.6	10,459.3	10,284.9	8,206.5	7,920.9	7,838.2	7,857.0	7,921.6	7,869.1	7,012.1	6,395.3	6,388.5

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
Profit Before Tax	104.5	125.9	244.2	299.1	109.5	55.0	176.3	98.8	92.4	49.0	95.8	86.2
Depreciation of Fixed Assets and Investment Property	16.1	16.3	16.3	16.4	16.3	16.2	16.2	16.1	17.1	16.8	14.7	15.1
Provision (Increase)/Reversal	0.1	0.0	0.6	0.6	-0.5	-0.0	3.4	0.3	-0.5	-2.9	-0.2	1.2
FX Gain/Loss from Revaluation of Monetary Items	0.0	—	-0.0	—	-0.0	—	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-0.8	-22.0	-136.6	18.0	-52.9	-0.1	-54.2	-0.7	-9.1	-0.9	-1.2	-0.3
Interest Expense	11.2	11.4	15.8	9.6	11.7	9.0	-1.7	19.2	18.3	9.7	26.9	16.2
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	131.1	131.5	140.3	343.7	84.1	80.0	140.1	133.7	118.3	71.6	136.0	118.4
Increase/(Decrease) in Receivables	-189.5	-199.3	-203.0	-385.8	66.2	-13.2	-93.9	-70.3	125.6	-21.5	99.5	-31.3
Increase/(Decrease) in Inventory	-1,103.9	-43.0	142.9	215.0	-51.0	-18.5	53.1	4.3	-1,246.5	-7.6	11.9	2.5
Increase/(Decrease) in Payables (Excl. Interest and CIT)	853.7	53.1	-511.8	-7.3	6.6	29.3	-672.8	26.1	707.4	167.3	-59.2	41.8
Increase/(Decrease) in Prepaid Expenses	-18.9	2.5	1.3	3.5	6.4	2.0	-3.3	4.2	1.0	5.9	-13.5	2.4
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-10.0	-11.2	-15.8	-9.2	-8.7	-10.7	2.2	-24.8	-17.4	-12.4	-17.3	-20.0
Corporate Income Tax Paid	-21.2	-45.0	-54.9	-17.7	-1.6	-20.2	-28.3	-4.0	-114.0	-27.6	-23.3	-15.3
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-12.9	-10.5	-2.2	-8.8	-6.4	-6.9	-5.4	-3.9	-4.1	-11.0	-0.5	-2.9
Net Cash Flow from Operating Activities	-371.6	-121.8	-503.2	133.5	95.6	41.8	-608.3	65.2	-429.7	164.7	133.6	95.6
Payments for Fixed Assets and Other Long-term Assets	-0.7	-5.0	-3.0	-2.3	-10.7	-6.7	3.3	-14.5	-41.8	-3.3	-9.2	-8.6
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.0	0.1	0.0	—	—	—	25.8	-25.8	25.8	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	142.5	-8.2	-784.8	—	-0.8	—	0.0	0.0	0.0	0.0	-4.0	-9.0
Receipts from Loan Repayments and Sale of Debt Instruments	1.2	-91.2	19.0	3.0	16.3	—	-4.0	0.0	0.0	4.0	7.0	0.0
Investments in Other Entities	-332.0	—	—	—	—	—	-5.3	-12.9	-366.0	-100.0	0.0	0.0
Proceeds from Investments in Other Entities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	10.0	0.0
Dividends and Interest Income Received	8.7	10.4	7.1	-1.1	1.8	0.5	1.6	9.5	0.7	1.0	0.6	2.0
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	-180.3	-93.8	-1,279.3	-35.6	-8.3	-11.2	21.5	-43.7	-381.2	-98.2	4.5	-15.6
Proceeds from Equity Issuance and Capital Contributions VND per share	—	—	—	—	—	—	0.00	0.00	632,439,170,000.00	626,719,580,000.00	0.00	0.00
Share Repurchases VND per share	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	371.2	155.7	959.4	238.8	144.4	64.6	733.1	89.1	302.7	217.7	70.5	30.5
Repayment of Borrowings	-79.1	-37.1	-825.9	-207.6	-210.0	-82.9	-96.1	-90.5	-818.1	-137.2	-112.9	-43.5
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	-0.0	-0.0	-188.8	0.0	-0.0	-0.4	-132.3	0.0	-0.1	-222.1	0.8	-0.9
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	292.1	118.6	2,463.0	31.2	-65.6	-18.7	504.7	-1.3	116.9	485.1	-41.6	-13.9
Net Cash Flow During the Period	-259.8	-97.0	680.6	129.1	21.6	11.9	-82.0	20.1	-694.0	551.6	96.5	66.2
Cash and Cash Equivalents at Beginning of Period	826.3	923.2	242.6	113.5	91.9	79.9	284.2	284.2	284.2	284.2	226.0	226.0
FX Difference from Revaluation	-0.0	—	0.0	—	0.0	—	0.0	0.0	0.0	0.0	-0.0	0.0
Cash and Cash Equivalents at End of Period	568.5	826.3	923.2	242.6	113.5	91.9	79.9	161.9	141.8	835.8	284.2	187.7

From one stock to the whole portfolio

Where does this stock stand
among the rest of your investments?

Each stock is only one part of the wider picture. Looking at investments side by side makes their contribution, risks and opportunities across the portfolio clearer.

How much does this stock
contribute to the portfolio?

Its weight and influence across the assets held for investment.

Is the portfolio
well balanced?

How holdings, sectors and asset groups are distributed in relation to overall risk.

What other opportunities
or risks may be present?

What becomes visible only when investments are viewed together rather than one ticker at a time.

View my portfolio

Where does this stock standamong the rest of your investments?

How much does this stockcontribute to the portfolio?

Is the portfoliowell balanced?

What other opportunitiesor risks may be present?

Where does this stock stand
among the rest of your investments?

How much does this stock
contribute to the portfolio?

Is the portfolio
well balanced?

What other opportunities
or risks may be present?