TVT · Tổng Công ty Việt Thắng - CTCP

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

Item	2025	2024	2023	2022	2021
Revenue	1,604.4	1,708.1	1,683.5	1,960.2	1,478.2
Revenue Deductions	1.0	0.8	1.6	3.4	0.0
Net Revenue	1,603.4	1,707.3	1,681.9	1,956.8	1,475.8
Cost of Goods Sold	1,379.5	1,499.6	1,537.8	1,750.9	0.0
Gross Profit	223.9	207.7	144.2	205.9	227.9
Financial Income	8.5	7.3	22.5	31.5	27.7
Financial Expenses	26.3	39.4	47.9	50.7	-32.7
Interest Expense	23.7	31.8	40.7	37.0	-30.6
Share of Associates and Joint Ventures	-3.6	0.5	0.7	2.5	-6.7
Selling Expenses	19.3	20.4	18.3	18.1	-13.4
General and Administrative Expenses	136.5	125.4	86.2	101.4	-108.2
Operating Profit	46.7	30.3	15.0	69.8	94.7
Other Income	5.7	2.4	3.2	1.7	0.0
Other Expenses	0.3	0.5	0.4	0.6	0.0
Other Profit	5.4	1.9	2.9	1.1	15.8
Profit Before Tax	52.0	32.2	17.9	70.8	110.5
Current Income Tax Expense	15.1	9.3	7.0	14.8	-24.2
Deferred Income Tax Expense	0.4	1.1	-1.8	0.8	0.0
Net Income	36.5	21.8	12.7	55.2	86.4
Non-controlling Interest	-3.7	-2.0	0.6	0.2	3.5
Profit Attributable to Parent	40.2	23.8	12.1	55.0	82.9
Earnings per Share	1,859.00	1,099.00	557.00	2,399.00	2,639.00
Diluted EPS	1,915.78	1,131.35	575.20	2,618.98	3,947.78

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	962.0	924.7	974.3	1,370.4	857.3
I. Cash and cash equivalents	333.1	197.1	156.4	270.1	105.9
1. Cash	303.1	197.1	155.4	265.0	0.0
2. Cash equivalents	30.0	0.0	1.0	5.1	0.0
II. Short-term financial investments	2.0	2.0	109.0	352.5	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	2.0	2.0	109.0	352.5	0.0
III. Short-term receivables	238.8	201.5	198.8	241.8	289.6
1. Short-term trade accounts receivable	228.4	199.2	191.3	228.0	0.0
2. Short-term prepayments to suppliers	16.3	7.7	7.7	5.3	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	2.0	0.0	0.0
6. Other short-term receivables	3.3	3.9	7.1	17.7	0.0
7. Provision for short-term doubtful debts (*)	-9.3	-9.3	-9.3	-9.3	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	368.5	515.0	486.6	482.4	275.2
1. Inventories	377.0	525.4	495.2	495.0	0.0
2. Provision for decline in value of inventories	-8.5	-10.3	-8.6	-12.6	0.0
V. Other short-term assets	19.6	9.1	23.5	23.6	14.5
1. Short-term prepayments	3.2	1.9	2.9	4.3	0.0
2. Value added tax to be reclaimed	4.4	5.2	15.1	5.4	0.0
3. Taxes and other receivables from state authorities	12.0	2.0	5.4	14.0	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	410.8	482.0	442.9	534.0
I. Long-term receivables	0.1	0.1	0.1	0.2	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	19.2
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	0.1	0.1	0.1	0.2	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	283.6	325.6	368.5	358.6	434.3
1. Tangible fixed assets	278.9	325.3	368.0	358.6	434.3
- Cost	1,717.1	1,723.4	1,688.4	1,598.5	0.0
- Accumulated depreciation	-1,438.1	-1,398.1	-1,320.4	-1,239.9	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	4.7	0.3	0.5	0.0	0.0
- Cost	6.5	1.7	1.7	1.1	0.0
- Accumulated depreciation	-1.8	-1.4	-1.3	-1.1	0.0
III. Investment properties	43.1	41.3	40.1	44.5	47.9
- Cost	112.0	105.2	99.3	99.3	0.0
- Accumulated depreciation	-69.0	-63.9	-59.2	-54.9	0.0
IV. Long-term assets in progress	0.3	4.6	38.8	12.1	5.5
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	0.3	4.6	38.8	12.1	0.0
V. Long-term financial investments	9.5	13.1	12.6	11.9	9.4
1. Investments in subsidiaries	—	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	4.9	8.5	8.0	7.3	0.0
3. Investments in other entities	4.6	4.6	4.6	4.6	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	7.8	26.1	21.9	15.5	0.0
1. Long-term prepayments	7.8	25.8	20.5	15.5	0.0
2. Deferred income tax assets	—	0.3	1.5	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	17.6
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)	1,306.3	1,335.5	1,456.3	1,813.3	1,391.2
A. LIABILITIES (300=210+330)	728.7	769.7	880.4	1,191.3	762.5
I. Short -term liabilities	694.8	710.7	776.1	1,135.0	694.6
1. Short-term trade accounts payable	97.5	121.0	139.8	112.0	85.5
2. Short-term advances from customers	20.5	11.9	7.0	12.5	11.3
3. Taxes and other payables to state authorities	4.6	9.1	1.6	6.5	0.0
4. Payable to employees	57.8	34.8	14.7	59.5	0.0
5. Short-term acrrued expenses	3.6	4.2	4.7	0.8	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	14.5	13.1	140.0	182.3	0.0
10. Short-term borrowings and financial leases	491.6	511.9	463.1	751.0	484.9
11. Provision for short-term liabilities	—	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	4.9	4.7	5.2	10.4	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	33.9	59.0	104.3	56.2	67.9
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	18.3	31.7	27.2	6.9	0.0
8. Long-term borrowings and financial leases	15.5	27.3	77.1	49.0	62.6
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	0.1	0.0	0.0	0.3	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)	577.6	565.8	575.9	622.0	628.7
I. Owner's equity	577.6	565.8	575.9	622.0	0.0
1. Owner's capital	210.0	210.0	210.0	210.0	628.7
- Common stock with voting right	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	3.1	3.1	3.1	3.1	3.1
3. Convertible bond option	—	0.0	0.0	0.0	0.0
4. Other capital of owners	—	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	60.4	59.0	59.0	59.0	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	251.0	235.8	242.4	287.9	291.7
- Accumulated retained earning at the end of the previous period	221.2	220.5	230.4	232.9	208.0
- Undistributed earnings in this period	29.7	15.4	12.1	55.0	83.7
12. Reserves for investment in construction	—	0.0	0.0	0.0	0.0
13. Minority's interest	53.2	57.9	61.3	62.0	65.0
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)	1,306.3	1,335.5	1,456.3	1,813.3	1,391.2

Item	2025	2024	2023	2022	2021
Profit Before Tax	52.0	32.2	17.9	70.8	111.3
Depreciation of Fixed Assets and Investment Property	64.0	95.4	96.4	102.6	104.6
Provision (Increase)/Reversal	8.8	7.2	-4.0	1.1	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.4	-0.9	2.7	5.0	0.0
Gain/Loss from Investment Activities	-1.2	-2.5	-16.0	-29.0	0.0
Interest Expense	23.9	31.8	40.7	37.0	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	147.1	163.2	137.6	187.6	226.4
Increase/(Decrease) in Receivables	-46.3	17.1	34.0	45.5	0.0
Increase/(Decrease) in Inventory	148.4	-30.2	-0.2	-207.4	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	-17.0	-141.3	-57.9	188.2	0.0
Increase/(Decrease) in Prepaid Expenses	16.6	-2.9	-4.9	-1.0	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-23.8	-31.8	-40.8	-36.7	0.0
Corporate Income Tax Paid	-19.4	-1.4	-1.1	-27.6	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	-0.5	-2.0	-10.6	-5.8	0.0
Net Cash Flow from Operating Activities	205.0	-29.3	56.1	142.9	121.6
Payments for Fixed Assets and Other Long-term Assets	-17.1	-20.1	-123.2	-28.1	-49.3
Proceeds from Disposal of Fixed Assets and Long-term Assets	0.6	0.6	1.0	1.1	4.5
Loans and Purchases of Debt Instruments	—	0.0	-104.7	-376.1	-236.5
Receipts from Loan Repayments and Sale of Debt Instruments	—	109.0	346.2	214.6	311.5
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	0.6	3.1	27.5	23.9	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	-15.9	92.7	146.8	-164.5	50.6
Proceeds from Equity Issuance and Capital Contributions	—	0.00	0.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	936.0	1,088.7	1,051.8	1,318.5	1,142.9
Repayment of Borrowings	-968.2	-1,090.6	-1,313.6	-1,066.0	-1,389.7
Repayment of Finance Leases	—	0.0	0.0	0.0	0.0
Dividends Paid	-22.2	-21.5	-54.7	-61.9	-41.1
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	-54.4	-23.4	-316.6	190.6	-287.9
Net Cash Flow During the Period	134.8	40.1	-113.6	168.9	10.0
Cash and Cash Equivalents at Beginning of Period	197.1	156.4	270.1	105.9	222.1
FX Difference from Revaluation	1.2	0.6	-0.1	-4.7	-0.6
Cash and Cash Equivalents at End of Period	333.1	197.1	156.4	270.1	105.9

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
Revenue	417.4	372.4	412.4	406.4	415.1	370.5	450.7	480.4	357.0	419.2	388.6	511.7
Revenue Deductions	0.4	0.1	0.1	0.0	0.7	0.1	0.0	0.0	0.0	0.0	0.3	0.2
Net Revenue	417.1	372.4	412.3	406.3	414.4	370.4	450.7	480.4	357.0	419.2	388.3	511.5
Cost of Goods Sold	340.4	318.2	358.0	342.2	359.0	320.1	384.1	428.6	310.8	376.1	343.5	478.8
Gross Profit	76.7	54.2	54.3	64.1	55.4	50.3	66.6	51.8	46.2	43.1	44.8	32.7
Financial Income	0.9	2.8	2.2	2.4	3.7	1.5	2.9	1.7	2.1	2.6	6.1	2.7
Financial Expenses	6.1	7.4	9.2	6.0	6.2	6.5	6.8	10.8	13.4	10.0	12.8	10.4
Interest Expense	6.0	7.2	6.3	5.4	5.8	6.3	6.8	8.3	8.6	8.1	8.3	8.5
Share of Associates and Joint Ventures	0.3	0.2	-3.6	0.1	0.1	0.1	0.0	0.1	0.1	0.1	-0.5	0.1
Selling Expenses	4.4	4.3	5.0	4.5	5.0	4.8	6.6	6.0	3.4	4.3	5.1	5.1
General and Administrative Expenses	32.5	31.8	32.8	39.7	32.5	31.7	37.7	29.0	29.8	28.9	26.1	16.3
Operating Profit	34.9	13.6	5.8	16.4	15.5	8.9	18.4	7.8	1.8	2.6	6.3	3.6
Other Income	0.7	0.7	4.9	0.3	0.3	0.2	0.6	0.2	1.2	0.3	1.9	0.5
Other Expenses	10.6	0.1	0.0	0.2	0.1	0.0	0.2	0.1	0.1	0.0	0.1	0.1
Other Profit	-9.9	0.6	4.9	0.1	0.3	0.2	0.4	0.1	1.1	0.3	1.8	0.4
Profit Before Tax	25.0	14.3	10.7	16.5	15.8	9.0	18.9	7.8	2.9	2.9	8.2	4.0
Current Income Tax Expense	5.2	3.3	4.9	3.7	3.7	2.8	4.9	1.5	1.2	1.7	3.6	1.5
Deferred Income Tax Expense	—	—	0.4	—	—	—	1.1	0.0	0.0	0.0	-1.8	0.0
Net Income	19.8	10.9	5.4	12.8	12.1	6.3	12.8	6.4	1.7	1.2	6.3	2.6
Non-controlling Interest	1.4	-0.3	-1.1	-0.6	-0.7	-1.4	-0.5	-0.6	-0.2	-0.6	1.1	-0.3
Profit Attributable to Parent	18.3	11.2	6.5	13.5	12.7	7.6	13.3	7.0	2.0	1.8	5.1	2.9
Earnings per Share	847.00	521.00	299.00	622.00	588.00	353.00	615.00	327.00	89.00	82.00	250.00	126.00
Diluted EPS	873.80	534.56	309.56	640.77	606.26	363.39	632.41	332.85	93.75	85.52	245.01	135.72

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)	858.0	946.7	957.9	883.6	861.2	897.3	924.3	876.9	945.7	867.8	974.8	947.3
I. Cash and cash equivalents	361.8	381.0	333.1	246.8	188.2	173.2	197.1	151.8	143.9	125.3	156.4	147.4
1. Cash	341.8	351.0	303.1	246.8	188.2	173.2	197.1	151.8	141.9	123.3	155.4	126.4
2. Cash equivalents	20.0	30.0	30.0	—	—	—	0.0	0.0	2.0	2.0	1.0	21.0
II. Short-term financial investments	2.0	2.0	2.0	2.0	2.0	2.0	2.0	2.0	27.0	81.0	109.0	89.7
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	2.0	2.0	2.0	2.0	2.0	2.0	2.0	2.0	27.0	81.0	109.0	89.7
III. Short-term receivables	219.5	210.3	238.5	256.1	247.0	219.8	201.4	237.4	204.4	179.1	198.7	246.0
1. Short-term trade accounts receivable	225.6	192.3	228.1	258.9	246.0	220.3	199.1	234.8	204.4	172.4	191.3	237.9
2. Short-term prepayments to suppliers	9.2	25.7	16.3	7.3	6.7	5.4	7.7	8.2	5.6	10.3	7.7	8.8
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	3.0	3.1	3.3	3.3	3.5	3.4	3.9	3.6	3.7	5.7	8.9	8.6
7. Provision for short-term doubtful debts (*)	-18.4	-10.8	-9.3	-13.5	-9.3	-9.3	-9.3	-9.3	-9.3	-9.3	-9.3	-9.3
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	246.7	319.3	364.7	360.4	399.7	475.3	515.0	459.8	551.1	461.4	488.1	435.6
1. Inventories	256.0	327.8	373.2	372.5	412.2	485.6	525.4	468.4	559.7	470.0	495.2	449.5
2. Provision for decline in value of inventories	-9.3	-8.5	-8.5	-12.1	-12.6	-10.3	-10.3	-8.6	-8.6	-8.6	-7.1	-14.0
V. Other short-term assets	28.0	34.0	19.6	18.3	24.3	27.0	8.8	25.8	19.3	20.9	22.7	28.7
1. Short-term prepayments	23.9	28.8	3.2	13.4	19.1	20.5	1.6	7.6	1.1	2.1	2.1	6.0
2. Value added tax to be reclaimed	3.7	4.1	4.4	4.5	5.1	5.3	5.2	15.4	14.5	14.2	15.1	13.3
3. Taxes and other receivables from state authorities	0.4	1.1	12.0	0.4	0.1	1.1	2.0	2.8	3.7	4.6	5.4	9.4
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)	335.6	336.3	344.3	376.8	386.5	400.9	411.3	424.7	446.5	464.5	482.4	459.2
I. Long-term receivables	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.2	0.1	0.1
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	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.2	0.1	0.2	0.1	0.1
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	272.2	271.3	283.6	297.0	307.3	315.6	325.6	342.1	364.5	387.1	368.3	322.0
1. Tangible fixed assets	267.8	266.8	278.9	292.4	302.5	315.2	325.3	341.7	364.1	386.6	367.9	321.5
- Cost	1,707.4	1,709.0	—	—	—	—	1,723.4	1,727.4	1,725.9	1,726.8	1,688.3	1,618.9
- Accumulated depreciation	-1,439.6	-1,442.2	—	—	—	—	-1,398.1	-1,385.7	-1,361.8	-1,340.2	-1,320.5	-1,297.3
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	4.4	4.5	4.7	4.7	4.8	0.3	0.3	0.4	0.4	0.4	0.5	0.5
- Cost	6.5	6.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-2.1	-2.0	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	45.4	47.0	43.1	43.0	43.3	43.1	41.3	41.7	39.2	39.3	40.1	41.2
- Cost	117.6	117.6	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-72.1	-70.5	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	0.4	0.3	0.3	0.1	—	6.0	4.6	0.9	5.0	3.1	39.7	64.5
1. Long-term production in progress	—	—	—	—	—	1.4	0.0	0.0	0.0	0.0	0.0	62.8
2. Construction in progress	0.4	0.3	0.3	0.1	—	4.6	4.6	0.9	5.0	3.1	39.7	1.7
V. Long-term financial investments	9.9	9.6	9.4	13.1	13.0	13.0	13.2	12.9	12.8	12.7	12.2	12.8
1. Investments in subsidiaries	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Investments in associates, joint-ventures	5.3	5.0	4.8	8.5	8.4	8.4	8.2	8.3	8.2	8.1	7.6	8.2
3. Investments in other entities	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6	4.6
4. Provision for diminution in value of long-term investments	—	—	—	—	—	—	0.4	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	7.6	7.9	7.8	23.6	22.8	23.2	26.4	26.9	24.8	22.2	22.0	18.7
1. Long-term prepayments	7.6	7.9	7.8	23.2	22.4	22.8	26.1	25.5	23.4	20.7	20.5	18.7
2. Deferred income tax assets	—	—	—	0.3	0.3	0.3	0.3	1.5	1.5	1.5	1.5	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)	1,193.6	1,283.0	1,302.2	1,260.5	1,247.7	1,298.1	1,335.6	1,301.6	1,392.2	1,332.3	1,457.3	1,406.5
A. LIABILITIES (300=210+330)	593.4	694.6	724.7	680.4	680.5	726.2	769.6	739.8	835.8	755.3	881.9	837.4
I. Short -term liabilities	566.9	664.6	690.0	632.6	628.2	669.6	709.2	673.6	735.8	653.1	776.3	770.9
1. Short-term trade accounts payable	56.9	61.3	93.6	84.5	71.6	92.1	120.9	101.5	133.8	79.7	141.3	110.8
2. Short-term advances from customers	22.6	29.2	20.5	18.5	17.7	17.7	11.9	14.8	10.2	16.1	7.0	13.3
3. Dividends and profits payable	0.4	0.4	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	27.2	30.7	4.4	42.8	39.5	29.0	9.1	23.0	3.8	10.8	1.6	30.3
4. Payable to employees	39.4	39.9	57.8	40.2	29.5	23.8	35.9	23.8	17.4	9.2	14.7	9.6
5. Short-term acrrued expenses	4.8	4.7	3.6	3.8	3.6	3.9	4.2	0.1	3.9	1.2	4.7	1.0
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	69.5	28.1	13.6	3.9	16.6	3.8	11.8	4.0	46.0	77.2	140.0	159.8
10. Short-term borrowings and financial leases	334.3	465.4	491.6	431.3	441.8	494.7	511.9	502.7	518.1	454.3	461.8	438.5
11. Provision for short-term liabilities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
12.. Bonus and welfare fund	11.8	4.8	4.9	7.6	7.8	4.6	3.6	3.7	2.6	4.6	5.2	7.5
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	26.5	30.0	34.7	47.8	52.4	56.6	60.4	66.2	100.0	102.1	105.6	66.5
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	19.8	19.5	19.1	33.7	33.9	33.7	33.1	34.0	28.8	27.7	27.2	7.1
8. Long-term borrowings and financial leases	6.6	10.4	15.5	14.1	18.5	22.9	27.3	32.2	71.2	74.4	78.4	59.1
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	0.1	0.1	0.1	—	—	—	0.0	0.0	0.0	0.0	0.0	0.3
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)	600.2	588.4	577.5	580.0	567.2	571.9	566.0	561.8	556.4	577.0	575.3	569.1
I. Owner's equity	600.2	588.4	577.5	580.0	567.2	571.9	566.0	561.8	556.4	577.0	575.3	569.1
1. Owner's capital	210.0	210.0	210.0	210.0	210.0	210.0	210.0	210.0	210.0	210.0	210.0	210.0
- Common stock with voting right	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00	210,000,000,000.00
- Preferred stock	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1	3.1
3. Convertible bond option	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
4. Other capital of owners	—	—	—	—	—	—	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	60.4	60.4	60.4	59.0	59.0	59.0	59.0	59.0	59.0	59.0	59.0	59.0
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	273.9	262.1	250.9	254.9	241.4	243.3	236.0	231.3	224.8	244.2	241.9	236.9
- Accumulated retained earning at the end of the previous period	244.3	250.9	221.1	221.1	221.1	231.1	220.5	220.5	221.1	242.4	230.4	230.4
- Undistributed earnings in this period	29.6	11.2	29.8	33.8	20.4	12.2	15.6	10.8	3.8	1.8	11.6	6.5
12. Reserves for investment in construction	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
13. Minority's interest	52.8	52.9	53.2	53.0	53.7	56.5	57.9	58.4	59.5	60.7	61.3	60.1
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)	1,193.6	1,283.0	1,302.2	1,260.5	1,247.7	1,298.1	1,335.6	1,301.6	1,392.2	1,332.3	1,457.3	1,406.5

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	25.0	14.3	10.7	16.5	15.8	9.0	18.9	7.8	3.0	2.9	8.6	4.0
Depreciation of Fixed Assets and Investment Property	14.1	14.6	15.8	16.0	16.0	16.1	18.0	25.4	25.0	26.0	22.4	24.5
Provision (Increase)/Reversal	6.8	3.6	-3.1	5.4	4.4	2.1	3.2	4.0	0.0	0.0	-5.4	0.0
FX Gain/Loss from Revaluation of Monetary Items	-0.2	-1.5	2.5	0.0	-2.6	-0.3	-0.9	-0.6	0.3	1.3	0.9	2.2
Gain/Loss from Investment Activities	-0.4	-1.6	-0.7	-0.3	-0.2	-0.0	-1.5	0.5	0.0	-2.0	-3.4	-3.1
Interest Expense	6.0	7.2	6.3	5.4	5.8	6.3	6.8	8.3	8.6	8.1	8.3	8.5
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	0.0	0.0	0.0	0.0	0.0
Operating Profit Before Changes in Working Capital	51.3	36.6	31.6	43.1	39.3	33.2	44.3	45.4	36.9	36.3	31.5	36.1
Increase/(Decrease) in Receivables	-25.1	44.9	5.3	-14.8	-23.7	-13.2	48.0	-28.6	-27.8	26.7	44.1	-12.3
Increase/(Decrease) in Inventory	71.8	49.2	-4.5	39.8	73.4	39.7	-57.0	91.3	-89.7	25.2	-45.7	21.2
Increase/(Decrease) in Payables (Excl. Interest and CIT)	24.2	-4.0	-20.9	29.0	-7.8	-17.3	7.6	-31.4	5.5	-120.4	6.1	51.8
Increase/(Decrease) in Prepaid Expenses	5.3	-25.7	25.6	5.0	1.8	-15.8	5.4	3.3	-13.5	0.5	-0.1	9.2
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-6.4	-7.2	-6.2	-5.5	-5.9	-6.3	-6.7	-8.3	-8.2	-8.5	-8.0	-8.4
Corporate Income Tax Paid	-2.9	-3.9	-5.3	-3.4	-2.5	-8.2	0.0	0.0	-0.1	-1.2	0.0	0.0
Other Operating Receipts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Other Operating Payments	-1.2	-0.1	2.4	-0.2	-2.7	-0.1	-0.1	-1.4	-2.4	-0.5	-5.3	-4.8
Net Cash Flow from Operating Activities	116.9	89.9	28.1	93.0	71.8	12.1	41.5	70.4	-99.3	-42.0	22.6	92.8
Payments for Fixed Assets and Other Long-term Assets	-3.4	-3.0	-2.3	-7.4	-1.5	-5.8	-4.6	-1.4	-4.7	-7.3	-37.9	-79.8
Proceeds from Disposal of Fixed Assets and Long-term Assets	1.4	—	0.3	0.1	0.2	—	0.3	0.1	0.2	0.0	0.1	0.4
Loans and Purchases of Debt Instruments	-10.0	—	—	—	—	—	4.0	-2.0	2.0	-2.0	-40.0	-30.0
Receipts from Loan Repayments and Sale of Debt Instruments	10.0	—	—	—	—	—	-2.0	25.0	54.0	30.0	20.7	0.5
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	0.7	0.9	-0.7	1.2	0.0	0.0	0.3	-2.0	2.7	1.4	3.5	1.5
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	-1.4	-2.1	-2.7	-6.0	-1.3	-5.8	-2.0	19.7	54.2	22.1	-53.6	-107.4
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	137.2	192.5	271.8	225.4	648.4	-209.7	276.6	264.6	272.0	276.2	276.8	285.1
Repayment of Borrowings	-272.2	-223.7	-210.3	-240.3	-705.7	188.1	-272.4	-324.2	-205.9	-288.0	-235.5	-226.3
Repayment of Finance Leases	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Dividends Paid	0.0	-10.3	1.0	-13.4	-1.0	-8.8	0.0	-21.6	-1.0	0.0	-0.0	-1.4
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	-135.0	-41.6	62.6	-28.3	-58.2	-30.4	4.2	-81.2	65.1	-11.7	41.2	57.4
Net Cash Flow During the Period	-19.4	46.3	87.9	58.7	12.3	-24.1	43.7	8.9	20.1	-31.6	10.2	42.8
Cash and Cash Equivalents at Beginning of Period	381.0	333.1	246.8	188.2	173.2	197.1	156.4	156.4	156.4	156.4	270.1	270.1
FX Difference from Revaluation	0.3	1.6	1.2	2.9	2.9	0.3	1.5	-0.9	-1.5	0.6	-1.2	0.5
Cash and Cash Equivalents at End of Period	361.8	381.0	333.1	246.8	188.2	173.2	197.1	151.8	143.9	125.3	156.4	147.4

Giải mã BCTC

Điểm nhấn trong BCTC của Tổng Công ty Việt Thắng - CTCP (TVT) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, TVT has not moved the needle on revenue, but profitability has edged up slightly — margins have been expanding consistently over multiple 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