SRF · CTCP SEAREFICO

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

Item	2025	2024	2023	2022	2021
Revenue	1,207.6	1,082.7	1,643.6	1,185.6	930.4
Revenue Deductions	0.1	0.0	0.1	0.0	0.0
Net Revenue	1,207.5	1,082.7	1,643.5	1,185.6	930.4
Cost of Goods Sold	1,175.4	1,012.3	1,534.8	1,204.4	0.0
Gross Profit	32.1	70.4	108.8	-18.8	90.4
Financial Income	194.7	7.8	14.6	104.6	12.7
Financial Expenses	60.2	31.0	54.6	48.8	-36.8
Interest Expense	37.2	30.9	42.9	38.9	-36.3
Share of Associates and Joint Ventures	-9.3	0.0	0.0	0.0	16.8
Selling Expenses	1.6	1.2	1.8	4.1	-3.6
General and Administrative Expenses	105.1	56.4	63.4	160.4	-44.2
Operating Profit	50.6	-10.4	3.6	-127.5	35.4
Other Income	27.3	20.0	6.1	3.7	0.0
Other Expenses	46.3	2.9	2.2	3.1	0.0
Other Profit	-19.1	17.1	3.9	0.6	1.0
Profit Before Tax	31.5	6.8	7.5	-126.9	36.3
Current Income Tax Expense	8.0	7.3	4.6	14.3	-3.8
Deferred Income Tax Expense	-1.0	-1.7	-0.8	0.2	0.0
Net Income	24.6	1.2	3.8	-141.3	32.5
Non-controlling Interest	4.6	-0.5	0.8	-0.0	4.7
Profit Attributable to Parent	20.0	1.7	3.0	-141.3	27.8
Earnings per Share	591.00	52.00	79.00	-4,269.00	781.47
Diluted EPS	561.68	49.10	83.97	-4,269.00	781.47

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,257.6	1,222.2	1,383.0	1,381.7	1,341.4
I. Cash and cash equivalents	88.5	83.3	253.9	238.8	59.7
1. Cash	25.9	21.8	93.7	77.8	0.0
2. Cash equivalents	62.5	61.5	160.2	161.0	0.0
II. Short-term financial investments	36.1	43.1	67.8	118.0	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	36.1	43.1	67.8	118.0	0.0
III. Short-term receivables	698.4	745.6	787.2	726.7	789.9
1. Short-term trade accounts receivable	604.3	663.8	714.3	740.6	0.0
2. Short-term prepayments to suppliers	103.2	50.3	60.7	52.2	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	0.2	0.0	0.0
6. Other short-term receivables	24.9	53.7	32.9	42.6	0.0
7. Provision for short-term doubtful debts (*)	-34.0	-22.2	-20.9	-108.7	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	401.7	329.1	246.5	275.0	334.3
1. Inventories	439.7	331.9	248.6	278.0	0.0
2. Provision for decline in value of inventories	-37.9	-2.8	-2.1	-3.1	0.0
V. Other short-term assets	32.9	21.1	27.5	23.3	46.4
1. Short-term prepayments	3.6	3.9	3.5	4.0	0.0
2. Value added tax to be reclaimed	19.2	16.4	23.4	18.0	0.0
3. Taxes and other receivables from state authorities	10.1	0.8	0.6	1.2	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)	525.4	373.0	370.4	348.8	520.1
I. Long-term receivables	1.5	1.7	2.7	2.6	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	1.8
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	1.5	1.7	2.7	2.6	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	179.1	236.9	247.1	259.8	272.8
1. Tangible fixed assets	166.9	232.0	241.3	256.1	269.8
- Cost	237.2	369.3	366.5	387.6	0.0
- Accumulated depreciation	-70.3	-137.4	-125.3	-131.5	0.0
2. Financial leased fixed assets	0.8	0.9	1.0	1.0	0.0
- Cost	1.0	1.0	1.0	1.0	0.0
- Accumulated depreciation	-0.2	-0.1	-0.1	0.0	0.0
3. Intangible fixed assets	11.4	4.0	4.8	2.6	3.0
- Cost	16.7	8.6	8.5	6.0	0.0
- Accumulated depreciation	-5.3	-4.6	-3.6	-3.4	0.0
III. Investment properties	40.9	43.1	5.9	0.0	0.0
- Cost	49.0	49.0	7.4	0.0	0.0
- Accumulated depreciation	-8.2	-5.9	-1.5	0.0	0.0
IV. Long-term assets in progress	113.9	37.0	65.9	33.6	33.4
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	113.9	37.0	65.9	33.6	0.0
V. Long-term financial investments	155.1	6.9	3.7	5.6	165.4
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	155.1	5.3	2.1	2.1	0.0
3. Investments in other entities	—	1.6	3.5	3.5	0.0
4. Provision for diminution in value of long-term investments	—	0.0	-1.9	0.0	0.0
5. Held to maturity investments	—	0.1	0.0	0.0	0.0
6. Other long-term investments	—	0.0	0.0	0.0	0.0
VI. Other long-term assets	34.9	47.4	45.2	47.2	0.0
1. Long-term prepayments	17.0	30.5	30.0	32.7	0.0
2. Deferred income tax assets	17.9	16.9	15.2	14.6	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	46.6
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)	1,783.0	1,595.2	1,753.4	1,730.6	1,861.5
A. LIABILITIES (300=210+330)	1,340.1	1,161.4	1,320.9	1,301.6	1,289.7
I. Short -term liabilities	1,270.5	1,084.2	1,247.3	1,221.4	1,192.9
1. Short-term trade accounts payable	416.8	412.4	454.2	381.2	305.9
2. Short-term advances from customers	174.4	126.0	90.9	207.8	111.3
3. Taxes and other payables to state authorities	9.0	13.7	4.2	14.2	0.0
4. Payable to employees	0.5	2.7	6.4	8.7	0.0
5. Short-term acrrued expenses	54.3	97.8	134.8	143.3	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	3.3	3.1	0.4	0.2	0.0
9. Other short-term payables	22.5	12.8	75.2	23.3	0.0
10. Short-term borrowings and financial leases	570.1	409.0	473.7	434.8	607.2
11. Provision for short-term liabilities	16.3	1.7	1.3	0.6	0.0
12.. Bonus and welfare fund	3.2	5.0	6.3	7.1	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	69.6	77.3	73.6	80.2	96.7
1. Long-term trade payables	—	0.0	0.2	0.6	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	4.2	4.4	0.9	1.2	0.0
8. Long-term borrowings and financial leases	27.6	71.3	70.5	76.3	90.6
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	36,229,900,000.00	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	1.6	1.6	1.9	2.1	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)	442.9	433.8	432.5	429.0	571.8
I. Owner's equity	442.9	433.8	432.5	429.0	0.0
1. Owner's capital	355.7	355.7	355.7	355.7	571.8
- Common stock with voting right	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	0.3	0.3	0.3	0.3	0.3
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	8.5	8.5	8.5	4.4	4.4
5. Treasury shares	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	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	5.4	8.3	8.3	8.3	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	20.6	0.2	0.4	0.4	143.0
- Accumulated retained earning at the end of the previous period	0.6	-1.6	-2.6	141.7	115.2
- Undistributed earnings in this period	20.0	1.7	3.0	-141.3	27.8
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	81.7	90.0	88.5	89.1	89.4
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)	1,783.0	1,595.2	1,753.4	1,730.6	1,861.5

Item	2025	2024	2023	2022	2021
Profit Before Tax	31.5	6.8	7.5	-126.9	36.3
Depreciation of Fixed Assets and Investment Property	18.4	19.1	17.6	16.9	16.9
Provision (Increase)/Reversal	100.0	0.8	7.7	79.8	0.0
FX Gain/Loss from Revaluation of Monetary Items	2.4	-0.3	3.8	1.7	0.0
Gain/Loss from Investment Activities	-171.9	-5.7	-13.7	-102.8	0.0
Interest Expense	37.2	30.9	42.9	38.9	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	-0.5	0.0	0.0
Operating Profit Before Changes in Working Capital	17.8	51.5	65.4	-92.4	51.4
Increase/(Decrease) in Receivables	-76.4	48.1	-73.4	4.2	0.0
Increase/(Decrease) in Inventory	-150.6	-83.3	29.4	56.2	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	95.5	-96.3	-7.7	207.6	0.0
Increase/(Decrease) in Prepaid Expenses	-13.7	-1.3	3.7	-1.1	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-36.7	-32.0	-41.9	-39.2	0.0
Corporate Income Tax Paid	-6.2	-3.1	-14.6	-8.3	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-3.9	-3.8	-0.9	-9.8	0.0
Net Cash Flow from Operating Activities	-174.4	-120.3	-40.0	117.2	10.9
Payments for Fixed Assets and Other Long-term Assets	-88.4	-16.7	-43.4	-7.0	-19.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.3	0.0	0.0	0.2	1.2
Loans and Purchases of Debt Instruments	-189.7	-39.9	-121.2	-267.2	-11.1
Receipts from Loan Repayments and Sale of Debt Instruments	223.7	64.7	171.2	259.6	78.2
Investments in Other Entities	-132.0	-1.3	0.0	0.0	0.0
Proceeds from Investments in Other Entities	200.8	0.0	0.0	248.0	0.0
Dividends and Interest Income Received	4.6	5.4	15.4	15.1	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	19.2	12.2	22.0	248.7	69.2
Proceeds from Equity Issuance and Capital Contributions	2,372,000,000.00	2,735,200,000.00	0.00	0.00	10,739,040,000.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	1,055.4	1,010.6	1,365.1	851.6	1,510.8
Repayment of Borrowings	-897.1	-1,074.3	-1,331.7	-1,039.1	-1,604.6
Repayment of Finance Leases	—	-0.3	-0.3	-0.1	0.0
Dividends Paid	-0.4	-1.3	0.0	0.0	-0.5
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	160.3	-62.5	33.1	-187.6	-83.5
Net Cash Flow During the Period	5.2	-170.6	15.1	178.3	-23.3
Cash and Cash Equivalents at Beginning of Period	83.3	253.9	238.8	60.5	63.1
FX Difference from Revaluation	—	-0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	88.5	83.3	253.9	238.8	59.7

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	471.1	180.7	499.2	297.6	246.3	148.6	385.1	196.7	227.3	271.0	471.1	440.6
Revenue Deductions	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	471.1	180.7	499.2	297.6	246.3	148.6	385.1	196.7	227.3	271.0	471.1	440.6
Cost of Goods Sold	467.5	159.1	453.3	272.3	246.1	184.3	372.5	178.8	203.0	254.5	433.8	416.9
Gross Profit	3.6	21.6	45.9	25.4	0.3	-35.8	12.6	17.9	24.3	16.5	37.3	23.7
Financial Income	126.2	2.7	1.1	1.1	14.2	152.5	2.8	1.6	1.0	1.6	1.8	3.1
Financial Expenses	24.3	11.8	15.6	12.7	11.6	9.9	5.3	8.4	8.3	8.2	16.8	11.8
Interest Expense	13.5	11.7	12.1	9.2	7.5	6.9	7.2	8.1	7.6	7.5	9.6	10.9
Share of Associates and Joint Ventures	8.1	1.2	-10.2	-0.2	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	2.6	1.4	0.6	0.6	0.3	0.2	0.2	0.3	0.7	0.1	0.3	0.5
General and Administrative Expenses	79.4	9.7	21.5	12.0	9.9	67.4	8.0	12.4	16.5	14.9	23.7	14.9
Operating Profit	31.6	2.6	-0.8	1.0	-7.3	39.2	1.9	-1.6	-0.1	-5.1	-1.7	-0.4
Other Income	4.5	0.5	24.1	0.9	1.6	0.8	2.4	3.3	1.4	7.8	2.9	1.8
Other Expenses	8.2	0.1	0.9	0.8	1.1	26.5	1.8	0.2	0.2	0.5	1.1	0.0
Other Profit	-3.7	0.4	23.2	0.1	0.5	-25.7	0.6	3.0	1.1	7.2	1.8	1.7
Profit Before Tax	27.9	3.0	22.4	1.1	-6.8	13.5	2.5	1.5	1.0	2.1	0.1	1.3
Current Income Tax Expense	8.3	1.8	4.8	1.0	0.1	3.9	2.9	0.8	1.3	2.1	0.6	1.0
Deferred Income Tax Expense	11.2	-1.1	1.9	-0.8	-0.7	0.3	-0.5	-0.2	-0.4	-0.7	0.4	-0.5
Net Income	8.4	2.4	15.7	0.9	-6.1	9.3	0.1	0.9	0.0	0.6	-0.9	0.8
Non-controlling Interest	0.5	0.1	2.3	0.7	0.4	0.7	-0.6	0.6	0.4	0.1	0.2	0.5
Profit Attributable to Parent	7.9	2.3	13.4	0.2	-6.5	8.6	0.6	0.3	-0.3	0.5	-1.0	0.3
Earnings per Share	222.16	68.00	377.69	5.18	-183.45	255.00	18.03	9.25	-9.57	14.93	-28.65	9.09
Diluted EPS	222.16	64.49	377.69	5.18	-183.45	242.15	18.03	9.25	-9.57	14.93	-28.65	9.09

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)	1,522.2	1,336.3	1,330.4	1,305.6	1,256.8	1,193.4	1,221.7	1,286.2	1,241.0	1,230.7	1,367.3	1,364.2
I. Cash and cash equivalents	75.3	108.1	88.4	62.9	104.0	122.5	98.6	133.9	73.0	131.9	272.8	159.2
1. Cash	20.4	53.7	25.9	20.6	29.9	90.6	21.8	81.5	44.4	107.2	93.7	37.8
2. Cash equivalents	54.9	54.4	62.5	42.4	74.1	31.9	76.8	52.4	28.6	24.7	179.0	121.4
II. Short-term financial investments	250.5	20.1	36.1	42.7	53.7	43.0	27.8	56.0	76.4	61.4	49.0	36.3
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	250.5	20.1	36.1	42.7	53.7	43.0	27.8	56.0	76.4	61.4	49.0	36.3
III. Short-term receivables	618.7	642.1	789.5	747.8	674.8	648.2	759.4	719.4	737.4	718.1	771.4	859.1
1. Short-term trade accounts receivable	552.1	505.1	715.1	642.8	582.0	528.2	666.1	648.6	684.9	718.7	778.6	849.5
2. Short-term prepayments to suppliers	108.8	147.7	103.5	109.5	64.1	50.8	62.0	49.1	39.0	68.2	63.3	76.3
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	—	—	—	—	—	27.2	0.0	0.1	0.1	0.0	0.0	0.0
6. Other short-term receivables	40.2	23.3	24.5	50.0	62.8	71.6	53.5	43.8	35.6	45.1	42.2	42.7
7. Provision for short-term doubtful debts (*)	-82.3	-34.0	-53.6	-54.5	-34.1	-29.6	-22.2	0.0	-22.1	-113.9	-112.6	-109.4
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	-22.1	0.0	0.0	0.0	0.0
IV. Inventories	530.4	532.3	383.7	420.5	387.6	354.4	313.5	354.5	320.7	292.1	246.7	288.0
1. Inventories	562.7	570.2	405.5	460.4	434.5	391.2	316.3	356.6	322.8	294.3	248.8	291.0
2. Provision for decline in value of inventories	-32.3	-37.9	-21.8	-39.9	-46.9	-36.8	-2.8	-2.1	-2.1	-2.1	-2.1	-3.1
V. Other short-term assets	47.2	33.7	32.7	31.6	36.7	25.3	22.4	22.3	33.4	27.3	27.4	21.5
1. Short-term prepayments	4.0	4.6	3.3	5.0	4.7	2.4	5.2	5.1	5.8	6.3	3.4	3.9
2. Value added tax to be reclaimed	40.8	27.4	27.4	25.0	30.9	22.0	16.4	16.2	26.9	20.4	23.4	12.0
3. Taxes and other receivables from state authorities	2.4	1.7	1.9	1.6	1.1	0.9	0.8	1.1	0.7	0.5	0.6	5.6
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)	419.4	535.4	508.6	470.6	453.6	436.8	372.3	375.8	378.0	367.4	371.8	342.6
I. Long-term receivables	2.2	1.3	1.6	1.6	1.7	1.7	1.7	1.7	1.8	2.3	3.4	2.6
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	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	2.2	1.3	1.6	1.6	1.7	1.7	1.7	1.7	1.8	2.3	3.4	2.6
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	178.0	180.4	178.4	182.2	178.3	177.5	231.9	235.3	238.5	243.4	247.2	249.0
1. Tangible fixed assets	166.6	168.5	166.1	169.6	174.0	173.0	227.0	230.2	233.3	237.9	241.4	245.6
- Cost	240.6	239.8	—	—	—	—	364.2	362.7	363.3	387.5	388.2	387.9
- Accumulated depreciation	-74.0	-71.4	—	—	—	—	-137.2	-132.5	-130.0	-149.7	-146.8	-142.3
2. Financial leased fixed assets	0.8	0.8	0.8	0.8	0.9	0.9	0.9	0.9	0.9	0.9	1.0	1.0
- Cost	1.0	1.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.2	-0.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	10.6	11.1	11.4	11.8	3.4	3.7	4.0	4.2	4.4	4.6	4.8	2.4
- Cost	16.7	16.7	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-6.1	-5.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	39.6	40.3	40.8	41.4	41.8	42.5	48.7	51.6	52.3	5.8	5.9	6.0
- Cost	49.0	49.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-9.4	-8.7	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	167.7	119.2	100.9	47.2	37.4	37.8	37.0	38.6	36.7	67.0	65.9	33.4
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	167.7	119.2	100.9	47.2	37.4	37.8	37.0	38.6	36.7	67.0	65.9	33.4
V. Long-term financial investments	2.1	158.7	150.7	161.2	158.6	143.7	6.9	3.7	3.7	3.7	3.7	5.6
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	2.1	156.3	150.7	160.9	158.3	143.4	5.3	2.1	2.1	2.1	2.1	2.1
3. Investments in other entities	—	—	—	—	—	—	1.6	3.5	3.5	3.5	3.5	3.5
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.0	-1.9	-1.9	-1.9	-1.9	0.0
5. Held to maturity investments	—	2.4	—	0.3	0.4	0.4	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	29.8	35.4	36.3	37.0	35.8	33.7	46.2	45.0	45.0	45.1	45.7	46.1
1. Long-term prepayments	15.6	16.4	17.1	18.0	18.5	17.1	29.2	28.4	28.7	29.5	30.3	30.3
2. Deferred income tax assets	14.1	19.0	19.1	19.0	17.3	16.6	17.0	16.5	16.3	15.6	15.4	15.8
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)	1,941.5	1,871.6	1,839.0	1,776.2	1,710.4	1,630.3	1,594.1	1,662.0	1,619.0	1,598.1	1,739.1	1,706.8
A. LIABILITIES (300=210+330)	1,484.1	1,426.3	1,366.5	1,319.7	1,271.7	1,182.9	1,159.9	1,225.9	1,183.7	1,167.0	1,307.7	1,274.5
I. Short -term liabilities	1,356.2	1,356.7	1,328.6	1,261.2	1,207.5	1,112.4	1,082.6	1,141.9	1,094.5	1,090.3	1,254.1	1,182.9
1. Short-term trade accounts payable	385.9	369.1	467.4	470.1	432.4	422.5	397.5	407.4	368.8	385.9	512.6	380.9
2. Short-term advances from customers	210.7	306.4	164.4	201.5	226.2	234.9	131.4	192.9	149.3	121.4	89.6	111.4
3. Dividends and profits payable	0.6	0.6	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	19.3	10.7	10.9	8.4	9.5	12.3	13.4	7.6	3.2	3.3	2.8	7.8
4. Payable to employees	12.0	10.1	0.3	10.2	9.6	6.2	2.7	13.2	13.1	10.4	6.6	8.4
5. Short-term acrrued expenses	77.1	33.1	86.8	70.6	82.1	83.1	103.4	100.4	127.0	141.5	121.6	252.8
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	3.0	1.5	3.1	1.3	3.1	1.1	3.1	0.8	2.4	0.0	0.4	0.2
9. Other short-term payables	13.1	12.5	22.1	24.3	40.4	19.6	15.4	25.5	11.1	20.7	19.2	13.0
10. Short-term borrowings and financial leases	632.9	593.2	570.1	471.2	399.1	328.1	409.0	389.7	414.7	401.7	493.7	400.7
11. Provision for short-term liabilities	—	16.3	—	0.1	0.1	0.1	1.7	1.3	1.5	1.7	1.3	1.5
12.. Bonus and welfare fund	1.5	3.2	3.5	3.6	5.0	4.6	5.0	3.3	3.3	3.7	6.3	6.3
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	128.0	69.7	38.0	58.5	64.2	70.6	77.3	84.0	89.2	76.7	53.6	91.6
1. Long-term trade payables	—	—	—	—	—	—	0.0	0.2	0.2	0.2	0.2	0.6
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	4.2	4.8	4.2	4.2	4.2	4.4	4.4	4.8	4.5	0.9	0.9	1.0
8. Long-term borrowings and financial leases	79.7	27.1	27.6	50.1	58.4	64.5	71.3	77.3	82.5	73.6	50.5	88.0
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	6.3	0.0	4.6	2.5	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.6	1.9	1.9	1.9	1.9
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)	457.4	445.3	472.4	456.5	438.7	447.3	434.2	436.1	435.3	431.1	431.4	432.3
I. Owner's equity	457.4	445.3	472.4	456.5	438.7	447.3	434.2	436.1	435.3	431.1	431.4	432.3
1. Owner's capital	355.7	355.7	355.7	355.7	355.7	355.7	355.7	355.7	355.7	355.7	355.7	355.7
- Common stock with voting right	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00	355,667,800,000.00
- Preferred stock	36,229,900,000.00	36,229,900,000.00	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	0.3	0.3	21.9	21.9	0.3	0.3	0.3	0.3	0.3	0.3	0.3	0.3
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	8.2	8.5	8.5	8.5	5.2	4.1	8.5	8.5	8.5	4.4	4.4	4.4
5. Treasury shares	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00	-29,238,407,099.00
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	5.4	5.4	5.4	5.4	5.4	5.4	8.3	8.3	8.3	8.3	8.3	8.3
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	33.2	22.9	13.8	0.4	23.4	35.1	0.5	1.3	0.6	0.9	2.2	3.2
- Accumulated retained earning at the end of the previous period	23.0	20.6	-3.8	-3.8	21.3	26.5	-1.6	0.4	0.4	0.4	0.4	0.4
- Undistributed earnings in this period	10.2	2.3	17.6	4.2	2.1	8.6	2.1	0.9	0.2	0.5	1.8	2.8
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	83.8	81.8	96.3	93.8	77.9	76.0	90.1	91.3	91.1	90.7	89.8	89.6
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)	1,941.5	1,871.6	1,839.0	1,776.2	1,710.4	1,630.3	1,594.1	1,662.0	1,619.0	1,598.1	1,739.1	1,706.8

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	27.9	3.0	19.6	1.1	-2.7	13.5	2.5	1.5	1.0	2.1	2.8	1.3
Depreciation of Fixed Assets and Investment Property	3.9	1.9	4.5	4.5	4.2	5.2	1.5	4.1	4.5	3.5	3.6	5.6
Provision (Increase)/Reversal	41.7	-0.0	4.3	0.0	19.5	76.2	-0.7	-0.5	-0.2	1.6	6.1	0.8
FX Gain/Loss from Revaluation of Monetary Items	0.7	-1.3	0.5	2.0	-2.0	2.0	-0.8	0.7	0.3	0.4	3.1	-0.2
Gain/Loss from Investment Activities	-134.4	-2.6	22.0	-13.5	-180.1	-0.2	-3.0	-2.7	-0.7	-1.3	-1.6	-3.0
Interest Expense	13.5	11.7	12.5	9.2	8.7	6.9	7.2	8.2	7.9	7.5	8.7	11.5
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	-0.6	0.6	0.0	-0.5	0.0
Operating Profit Before Changes in Working Capital	-46.7	12.8	63.3	3.3	-152.4	103.6	6.6	10.7	13.4	13.7	22.2	15.9
Increase/(Decrease) in Receivables	22.5	56.5	-43.3	-8.8	-4.8	-19.5	-37.1	32.5	-16.7	56.2	62.9	-10.2
Increase/(Decrease) in Inventory	7.5	-130.6	-25.0	12.8	-42.1	-96.4	40.4	-33.8	-28.7	-45.4	42.4	32.6
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-202.4	64.5	21.3	-134.6	347.0	-138.2	-86.4	64.8	-9.3	-72.8	-7.1	-48.4
Increase/(Decrease) in Prepaid Expenses	1.3	-0.3	2.4	-0.6	-15.7	0.2	-1.0	-0.1	1.4	-2.2	1.5	0.1
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	0.0	-11.5	-13.4	-7.7	-8.7	-6.9	-8.5	-7.1	-8.7	-7.0	-7.8	-12.0
Corporate Income Tax Paid	-4.5	-1.5	1.0	-1.4	-4.3	-1.6	-0.1	0.0	-2.0	-0.9	-1.2	-0.4
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	1.0	—	-3.0	0.8	-2.2	0.5	-0.3	-0.3	-0.4	-2.6	0.2	-0.5
Net Cash Flow from Operating Activities	-221.3	-10.0	3.2	-136.1	116.9	-158.4	-86.4	66.8	-51.0	-60.9	113.1	-22.9
Payments for Fixed Assets and Other Long-term Assets	-49.2	-8.0	-66.1	-14.6	-6.8	-0.9	6.5	1.3	-17.5	-0.7	-40.8	3.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	—	—	0.3	—	—	—	-0.9	-0.2	0.2	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	—	—	-175.7	0.0	-14.1	0.0	28.3	49.4	-26.3	-12.0	-202.9	105.0
Receipts from Loan Repayments and Sale of Debt Instruments	—	13.6	182.3	-12.6	54.0	—	-0.1	-29.1	30.1	-0.4	171.2	0.0
Investments in Other Entities	—	—	—	—	—	—	-1.3	0.0	0.0	0.0	0.0	0.0
Proceeds from Investments in Other Entities	153.0	—	-0.4	0.0	-23.2	224.4	0.0	0.0	0.0	0.0	0.0	0.0
Dividends and Interest Income Received	6.1	1.4	0.6	1.1	2.6	0.2	3.0	4.2	1.2	1.9	-1.3	12.7
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	96.3	7.0	-58.9	-26.1	-5.7	109.9	35.6	25.6	-12.3	-11.1	-73.7	121.0
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	2,032,489,999.00	-2,735,200,000.00	2,735,200,000.00	0.00	0.00	0.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	474.0	279.3	479.7	230.5	136.5	208.7	250.8	153.7	185.3	359.4	359.2	368.1
Repayment of Borrowings	-381.7	-256.7	-362.7	-171.2	-242.1	-121.1	-237.5	-184.0	-163.3	-428.3	-303.4	-527.1
Repayment of Finance Leases	—	—	—	-0.1	-0.1	—	0.0	0.1	-0.1	0.0	-0.3	0.0
Dividends Paid	—	—	0.0	0.0	-0.4	—	0.0	1.3	-1.3	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	92.3	22.6	81.2	97.1	-105.6	87.6	15.3	-31.6	23.3	-68.9	55.5	-159.0
Net Cash Flow During the Period	-32.8	19.6	25.5	-65.1	5.6	39.2	-35.5	60.8	-40.0	-140.9	94.8	-60.9
Cash and Cash Equivalents at Beginning of Period	108.1	88.5	62.9	128.0	122.5	83.3	253.9	253.9	253.9	272.8	238.8	238.8
FX Difference from Revaluation	0.0	0.0	—	0.0	0.0	—	0.3	0.0	-0.0	0.0	-0.1	0.0
Cash and Cash Equivalents at End of Period	75.3	108.1	88.5	62.9	128.0	122.5	98.6	133.9	73.0	131.9	253.9	159.2

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP SEAREFICO (SRF) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, SRF 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

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