VCC · CTCP Vinaconex 25

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

Item	2025	2024	2023	2022	2021
Revenue	1,621.0	1,057.0	1,197.8	1,007.8	862.8
Revenue Deductions	—	0.0	0.0	0.0	0.0
Net Revenue	1,621.0	1,057.0	1,197.8	1,007.8	862.8
Cost of Goods Sold	1,477.5	957.1	1,099.4	914.2	0.0
Gross Profit	143.5	99.9	98.4	93.6	88.7
Financial Income	3.1	5.9	7.1	7.5	3.9
Financial Expenses	17.2	17.2	22.0	19.1	-17.4
Interest Expense	17.2	17.2	22.0	19.1	-17.4
Share of Associates and Joint Ventures	—	0.0	0.0	0.0	-0.0
Selling Expenses	46.1	44.1	39.6	36.2	-34.1
General and Administrative Expenses	54.0	34.8	31.6	31.1	-30.9
Operating Profit	29.4	9.8	12.3	14.7	10.3
Other Income	7.9	1.8	1.4	0.7	0.0
Other Expenses	8.2	1.0	1.6	2.2	0.0
Other Profit	-0.3	0.8	-0.2	-1.6	0.0
Profit Before Tax	29.1	10.5	12.1	13.1	10.3
Current Income Tax Expense	9.0	3.1	3.8	4.8	-3.0
Deferred Income Tax Expense	—	0.0	0.0	0.0	0.0
Net Income	20.0	7.5	8.3	8.4	7.3
Non-controlling Interest	—	0.0	0.0	0.0	-0.0
Profit Attributable to Parent	20.0	7.5	8.3	8.4	7.3
Earnings per Share	835.00	311.00	616.00	698.00	606.00
Diluted EPS	835.00	311.00	616.00	698.00	606.26

Item	2025	2024	2023	2022	2021
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,325.7	1,166.6	1,234.5	1,142.3	940.1
I. Cash and cash equivalents	50.1	29.1	38.2	26.4	37.2
1. Cash	50.1	23.1	37.7	26.4	0.0
2. Cash equivalents	—	6.0	0.6	0.0	0.0
II. Short-term financial investments	158.8	72.1	114.4	88.7	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	158.8	72.1	114.4	88.7	0.0
III. Short-term receivables	570.7	632.7	661.1	635.3	615.3
1. Short-term trade accounts receivable	482.2	533.8	557.0	550.2	0.0
2. Short-term prepayments to suppliers	37.6	17.8	26.4	30.7	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	86.6	93.9	88.2	65.0	0.0
7. Provision for short-term doubtful debts (*)	-35.7	-12.8	-10.5	-10.5	0.0
8. Assets awaiting resolution	—	0.0	0.0	0.0	0.0
IV. Inventories	531.2	423.3	411.9	379.5	275.9
1. Inventories	531.2	423.3	411.9	379.5	0.0
2. Provision for decline in value of inventories	—	0.0	0.0	0.0	0.0
V. Other short-term assets	14.9	9.4	8.9	12.3	8.7
1. Short-term prepayments	6.9	3.5	3.7	3.6	0.0
2. Value added tax to be reclaimed	8.0	5.9	5.2	4.7	0.0
3. Taxes and other receivables from state authorities	—	0.0	0.0	4.0	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)	82.3	65.9	50.5	50.0	56.0
I. Long-term receivables	13.0	5.6	0.7	0.7	0.0
1. Long-term trade receivables	—	0.0	0.0	0.0	0.6
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	13.0	5.6	0.7	0.7	0.0
7. Provision for long-term doubtful debts	—	0.0	0.0	0.0	0.0
II. Fixed assets	32.7	22.4	32.1	36.4	43.2
1. Tangible fixed assets	13.2	14.9	24.6	35.0	41.7
- Cost	167.9	178.9	181.1	180.6	0.0
- Accumulated depreciation	-154.7	-163.9	-156.4	-145.6	0.0
2. Financial leased fixed assets	18.1	6.1	6.0	0.0	0.0
- Cost	22.2	7.4	6.3	0.0	0.0
- Accumulated depreciation	-4.2	-1.2	-0.3	0.0	0.0
3. Intangible fixed assets	1.4	1.4	1.4	1.4	1.4
- Cost	1.8	1.8	1.8	1.8	0.0
- Accumulated depreciation	-0.4	-0.4	-0.4	-0.4	0.0
III. Investment properties	—	11.0	0.0	0.0	0.0
- Cost	—	11.0	0.0	0.0	0.0
- Accumulated depreciation	—	0.0	0.0	0.0	0.0
IV. Long-term assets in progress	2.2	1.8	1.3	0.8	0.1
1. Long-term production in progress	—	0.0	0.0	0.0	0.0
2. Construction in progress	2.2	1.8	1.3	0.8	0.0
V. Long-term financial investments	0.2	0.2	0.2	0.2	0.2
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	5.2	5.2	5.2	5.2	0.0
4. Provision for diminution in value of long-term investments	-5.0	-5.0	-5.0	-5.0	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	34.3	24.9	16.3	11.9	0.0
1. Long-term prepayments	34.3	24.9	16.3	11.9	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	12.0
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)	1,408.0	1,232.5	1,285.0	1,192.2	996.1
A. LIABILITIES (300=210+330)	1,116.8	961.4	1,013.0	1,040.2	845.3
I. Short -term liabilities	1,104.2	956.9	1,007.8	1,001.0	827.9
1. Short-term trade accounts payable	285.3	300.9	286.0	281.6	240.2
2. Short-term advances from customers	272.4	159.5	190.9	267.0	73.9
3. Taxes and other payables to state authorities	13.1	3.8	14.1	4.0	0.0
4. Payable to employees	49.7	27.0	33.4	46.7	0.0
5. Short-term acrrued expenses	21.1	41.1	43.2	47.9	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	172.0	161.3	164.5	159.9	0.0
10. Short-term borrowings and financial leases	279.9	253.7	266.2	191.5	240.3
11. Provision for short-term liabilities	10.4	9.4	9.2	1.9	0.0
12.. Bonus and welfare fund	0.2	0.2	0.2	0.4	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	12.7	4.5	5.2	39.2	17.4
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	12.3	4.3	5.2	39.2	17.4
9. Convertible bonds	—	0.0	0.0	0.0	0.0
10. Preferred stock (Debts)	—	0.00	0.00	0.00	0.00
11. Deferred income tax liabilities	—	0.0	0.0	0.0	0.0
12. Provision for long-term liabilities	0.4	0.3	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)	291.1	271.1	272.0	152.0	150.8
I. Owner's equity	291.1	271.1	272.0	152.0	0.0
1. Owner's capital	240.0	240.0	240.0	120.0	150.8
- Common stock with voting right	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	120,000,000,000.00	120,000,000,000.00
- Preferred stock	—	0.00	0.00	0.00	0.00
2. Share premium	6.5	6.5	6.5	6.6	6.6
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	16.1	16.1	16.1	16.1	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	28.5	8.5	9.4	9.3	8.0
- Accumulated retained earning at the end of the previous period	8.5	1.0	1.1	0.9	0.7
- Undistributed earnings in this period	20.0	7.5	8.3	8.4	7.3
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)	1,408.0	1,232.5	1,285.0	1,192.2	996.1

Item	2025	2024	2023	2022	2021
Profit Before Tax	29.1	10.5	12.1	13.1	10.3
Depreciation of Fixed Assets and Investment Property	7.8	10.7	11.5	11.9	15.1
Provision (Increase)/Reversal	24.1	2.7	3.6	2.6	0.0
FX Gain/Loss from Revaluation of Monetary Items	—	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-5.6	-6.2	-7.1	-7.5	0.0
Interest Expense	17.2	17.2	22.0	19.1	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	72.5	35.0	42.1	39.3	42.3
Increase/(Decrease) in Receivables	28.9	18.6	-28.3	-17.4	0.0
Increase/(Decrease) in Inventory	-97.6	-22.3	-32.1	-104.0	0.0
Increase/(Decrease) in Payables (Excl. Interest and CIT)	113.9	-21.0	-57.3	227.6	0.0
Increase/(Decrease) in Prepaid Expenses	-12.7	-8.5	-4.5	-0.8	0.0
Changes in Trading Securities	—	0.0	0.0	0.0	0.0
Interest Paid	-27.0	-30.5	-29.9	-27.4	0.0
Corporate Income Tax Paid	-4.0	-3.6	-3.9	-4.2	0.0
Other Operating Receipts	—	0.0	0.0	0.0	0.0
Other Operating Payments	—	0.0	-0.2	-0.5	0.0
Net Cash Flow from Operating Activities	74.0	-32.3	-114.1	112.6	24.5
Payments for Fixed Assets and Other Long-term Assets	-4.0	-0.8	-1.2	-4.3	-6.2
Proceeds from Disposal of Fixed Assets and Long-term Assets	14.6	0.3	0.1	0.0	5.6
Loans and Purchases of Debt Instruments	-88.1	-28.0	-36.1	-85.8	-11.7
Receipts from Loan Repayments and Sale of Debt Instruments	1.8	70.2	10.4	5.0	36.7
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	2.4	4.5	6.7	0.7	0.0
Increase/(Decrease) in Term Deposits	—	0.0	0.0	0.0	0.0
Acquisition of Non-controlling Interests	—	0.0	0.0	0.0	0.0
Other Investing Receipts	—	0.0	0.0	0.0	0.0
Other Investing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Investing Activities	-73.3	46.2	-20.1	-84.4	28.3
Proceeds from Equity Issuance and Capital Contributions	—	0.00	120,000,000,000.00	0.00	0.00
Share Repurchases	—	0.00	0.00	0.00	0.00
Proceeds from Borrowings	1,006.2	777.0	1,086.2	1,004.0	760.6
Repayment of Borrowings	-982.8	-790.4	-1,051.4	-1,031.0	-790.6
Repayment of Finance Leases	-3.1	-1.3	-0.3	0.0	0.0
Dividends Paid	-0.0	-8.4	-8.4	-7.1	-17.9
Other Financing Receipts	—	0.0	0.0	0.0	0.0
Other Financing Payments	—	0.0	0.0	0.0	0.0
Net Cash Flow from Financing Activities	20.4	-23.1	146.1	-34.1	-47.9
Net Cash Flow During the Period	21.0	-9.2	11.9	-5.9	19.3
Cash and Cash Equivalents at Beginning of Period	29.1	38.2	26.4	32.2	32.3
FX Difference from Revaluation	—	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	50.1	29.1	38.2	26.4	37.2

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	567.7	355.2	476.2	424.3	495.3	250.1	355.0	239.7	264.5	197.8	408.1	304.1
Revenue Deductions	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Revenue	567.7	355.2	476.2	424.3	495.3	250.1	355.0	239.7	264.5	197.8	408.1	304.1
Cost of Goods Sold	508.3	327.6	437.2	384.9	456.0	229.6	324.4	217.0	237.0	178.6	379.2	279.4
Gross Profit	59.4	27.5	39.0	39.4	39.2	20.6	30.5	22.7	27.5	19.2	28.8	24.7
Financial Income	3.2	3.4	1.0	0.7	0.8	0.6	3.1	0.7	1.0	1.0	1.7	1.7
Financial Expenses	5.9	3.4	4.1	4.7	4.5	3.9	4.2	3.7	4.9	4.4	5.9	5.0
Interest Expense	5.9	3.4	4.1	4.7	4.5	3.9	4.2	3.7	4.9	4.4	5.9	5.0
Share of Associates and Joint Ventures	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Selling Expenses	23.6	10.5	10.1	13.8	12.9	9.3	11.0	11.5	13.4	8.2	9.5	11.6
General and Administrative Expenses	21.4	8.7	16.8	9.8	14.3	6.7	11.2	6.3	10.9	6.6	9.7	7.4
Operating Profit	11.7	8.3	9.1	11.7	8.3	1.3	7.2	1.8	-0.7	1.0	5.5	2.4
Other Income	0.0	1.7	6.6	-1.3	2.7	0.7	0.2	0.2	1.4	0.0	0.5	0.1
Other Expenses	0.6	2.9	2.6	1.2	0.1	0.0	0.8	0.1	0.0	0.0	1.5	0.0
Other Profit	-0.6	-1.3	3.9	-2.5	2.6	0.7	-0.7	0.1	1.4	-0.0	-1.0	0.0
Profit Before Tax	11.2	7.0	13.1	9.2	11.0	1.9	6.5	1.9	0.7	1.0	4.6	2.4
Current Income Tax Expense	3.3	2.3	5.2	2.3	2.4	0.4	1.5	0.5	0.4	0.3	1.4	0.6
Deferred Income Tax Expense	-1.1	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Net Income	8.9	4.7	7.9	6.9	8.6	1.6	5.0	1.4	0.3	0.7	3.1	1.8
Non-controlling Interest	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Profit Attributable to Parent	8.9	4.7	7.9	6.9	8.6	1.6	5.0	1.4	0.3	0.7	3.1	1.8
Earnings per Share	372.00	196.00	329.00	289.00	357.00	65.00	207.00	58.00	13.00	30.00	130.00	151.00
Diluted EPS	371.95	195.60	328.52	288.67	356.55	64.87	207.36	57.93	13.08	30.25	130.19	151.44

Item	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24	Q1'24	Q4'23	Q3'23
A. SHORT-TERM ASSETS (100=110+120+130+140+150)	1,416.8	1,327.4	1,337.0	1,240.6	1,195.8	1,171.2	1,179.3	1,209.2	1,189.1	1,209.9	1,232.1	1,190.8
I. Cash and cash equivalents	51.2	18.8	50.1	12.4	30.5	38.7	23.1	32.7	13.4	5.4	37.7	8.4
1. Cash	51.2	18.8	50.1	12.4	30.5	32.7	23.1	32.7	13.4	5.4	37.7	8.4
2. Cash equivalents	—	—	—	—	—	6.0	0.0	0.0	0.0	0.0	0.0	0.0
II. Short-term financial investments	194.0	193.8	158.8	80.8	80.2	72.9	78.1	93.8	88.2	108.1	114.9	124.1
1. Available for sale securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Provision for diminution in value of available for sale securities (*)	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Held to maturity investments	194.0	193.8	158.8	80.8	80.2	72.9	78.1	93.8	88.2	108.1	114.9	124.1
III. Short-term receivables	563.0	485.5	585.7	606.5	588.5	592.7	634.3	616.5	642.7	629.6	661.0	553.9
1. Short-term trade accounts receivable	433.6	368.7	488.0	504.4	487.0	479.2	533.8	509.5	530.2	517.8	557.1	455.4
2. Short-term prepayments to suppliers	80.9	59.8	37.6	27.1	26.1	30.1	17.8	21.0	28.9	30.1	26.4	32.4
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	96.6	92.7	92.3	100.3	98.9	96.2	95.8	96.5	94.0	92.3	88.2	76.8
7. Provision for short-term doubtful debts (*)	-48.0	-35.7	-32.2	-25.4	-23.5	-12.8	-13.0	-10.5	-10.5	-10.5	-10.7	-10.6
8. Assets awaiting resolution	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
IV. Inventories	593.8	608.1	527.4	527.0	482.8	451.5	434.3	452.9	427.8	450.4	408.8	495.1
1. Inventories	593.8	608.1	527.4	527.0	482.8	451.5	434.3	452.9	427.8	450.4	408.8	495.1
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	14.8	21.2	14.9	14.1	13.8	15.3	9.4	13.2	17.0	16.4	9.6	9.3
1. Short-term prepayments	5.2	5.2	6.9	6.6	6.9	5.8	3.5	7.2	9.7	7.7	4.3	4.1
2. Value added tax to be reclaimed	9.1	8.6	8.0	7.5	6.6	6.1	5.9	5.6	5.4	5.3	5.2	5.2
3. Taxes and other receivables from state authorities	0.5	7.3	—	—	0.3	3.5	0.0	0.4	1.9	3.5	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)	76.3	77.5	76.6	69.2	82.5	64.2	53.1	53.1	58.5	50.1	49.8	49.0
I. Long-term receivables	14.3	14.3	7.3	6.4	6.4	5.9	3.8	0.8	0.8	0.7	0.7	0.7
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	14.3	14.3	7.3	6.4	6.4	5.9	3.8	0.8	0.8	0.7	0.7	0.7
7. Provision for long-term doubtful debts	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
II. Fixed assets	31.6	30.7	32.7	32.6	34.7	20.6	22.4	24.8	27.3	29.1	32.1	34.7
1. Tangible fixed assets	10.9	12.1	13.2	12.2	13.5	13.3	14.9	17.0	19.3	21.9	24.6	27.1
- Cost	146.4	167.9	—	—	—	—	178.9	180.7	181.1	181.1	181.1	180.7
- Accumulated depreciation	-135.5	-155.8	—	—	—	—	-163.9	-163.7	-161.8	-159.2	-156.4	-153.6
2. Financial leased fixed assets	19.3	17.2	18.1	19.0	19.8	5.9	6.1	6.4	6.6	5.8	6.0	6.2
- Cost	25.2	22.2	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-5.9	-5.1	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
3. Intangible fixed assets	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4	1.4
- Cost	1.8	1.8	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
- Accumulated depreciation	-0.4	-0.4	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
III. Investment properties	—	—	—	—	11.0	11.0	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	2.7	2.5	2.2	3.3	1.4	2.4	1.8	1.3	1.3	1.3	1.3	1.3
1. Long-term production in progress	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
2. Construction in progress	2.7	2.5	2.2	3.3	1.4	2.4	1.8	1.3	1.3	1.3	1.3	1.3
V. Long-term financial investments	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2
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	5.2	5.2	5.2	5.2	5.2	5.2	5.2	5.2	5.2	5.2	5.2	5.2
4. Provision for diminution in value of long-term investments	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0	-5.0
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	27.6	29.9	34.3	26.7	28.8	24.1	24.9	26.0	28.9	18.9	15.6	12.2
1. Long-term prepayments	27.6	29.9	34.3	26.7	28.8	24.1	24.9	26.0	28.9	18.9	15.6	12.2
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)	1,493.1	1,404.9	1,413.5	1,309.8	1,278.3	1,235.4	1,232.4	1,262.3	1,247.6	1,260.0	1,281.9	1,239.8
A. LIABILITIES (300=210+330)	1,188.4	1,109.1	1,117.4	1,021.6	997.1	962.7	961.4	996.3	982.9	995.7	1,010.0	1,090.9
I. Short -term liabilities	1,169.2	1,095.6	1,104.8	1,007.9	982.7	958.8	957.1	991.7	977.8	991.2	1,003.6	1,065.9
1. Short-term trade accounts payable	227.8	208.8	285.7	257.7	296.1	238.6	300.9	242.5	267.1	235.9	286.0	235.8
2. Short-term advances from customers	262.8	307.9	272.3	195.7	163.4	198.5	159.5	173.6	143.1	191.8	190.9	238.2
3. Dividends and profits payable	0.2	0.2	—	—	—	—	—	—	—	—	—	—
3. Taxes and other payables to state authorities	7.0	2.7	14.3	8.8	4.2	0.7	3.8	1.8	1.0	0.4	14.1	9.3
4. Payable to employees	37.9	23.9	49.7	34.1	29.5	21.7	27.0	16.1	18.0	16.9	33.6	21.4
5. Short-term acrrued expenses	13.0	12.1	20.1	26.8	45.4	18.2	41.1	48.5	35.9	43.9	40.0	42.9
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	181.7	172.5	172.0	168.7	163.0	161.5	161.3	167.1	167.1	174.5	164.5	165.7
10. Short-term borrowings and financial leases	426.8	355.4	279.9	304.2	271.4	309.8	253.7	332.8	336.5	318.6	265.0	346.6
11. Provision for short-term liabilities	11.8	11.9	10.4	11.7	9.6	9.5	9.7	9.1	8.9	9.0	9.2	5.6
12.. Bonus and welfare fund	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.3
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	19.2	13.5	12.7	13.7	14.5	3.9	4.3	4.6	5.1	4.5	6.5	24.9
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	18.4	13.5	12.3	13.3	14.5	3.9	4.3	4.6	5.1	4.5	6.5	24.9
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	0.9	—	0.4	0.4	—	—	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)	304.7	295.8	296.1	288.2	281.2	272.6	271.0	266.0	264.6	264.3	271.9	148.9
I. Owner's equity	304.7	295.8	296.1	288.2	281.2	272.6	271.0	266.0	264.6	264.3	271.9	148.9
1. Owner's capital	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	240.0	120.0
- Common stock with voting right	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	240,000,000,000.00	120,000,000,000.00
- Preferred stock	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
2. Share premium	6.5	6.5	6.5	6.5	6.5	6.5	6.5	6.5	6.5	6.5	6.5	6.6
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	16.1	16.1	16.1	16.1	16.1	16.1	16.1	16.1	16.1	16.1	16.1	16.1
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	42.1	33.2	33.5	25.6	18.6	10.0	8.4	3.4	2.0	1.7	9.3	6.1
- Accumulated retained earning at the end of the previous period	28.5	28.5	8.5	8.5	8.5	8.5	1.0	1.0	1.0	1.0	1.1	1.1
- Undistributed earnings in this period	13.6	4.7	25.0	17.2	10.1	1.6	7.4	2.4	1.0	0.7	8.2	5.1
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)	1,493.1	1,404.9	1,413.5	1,309.8	1,278.3	1,235.4	1,232.4	1,262.3	1,247.6	1,260.0	1,281.9	1,239.8

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	11.2	7.0	6.9	9.2	11.1	1.9	6.5	1.9	1.0	1.0	4.7	2.4
Depreciation of Fixed Assets and Investment Property	2.1	2.0	1.6	2.3	2.3	1.6	2.4	2.8	2.9	2.7	3.1	2.7
Provision (Increase)/Reversal	13.4	-1.1	11.5	2.0	10.8	-0.2	0.5	0.3	-0.6	0.2	7.3	-4.8
FX Gain/Loss from Revaluation of Monetary Items	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Gain/Loss from Investment Activities	-3.2	-3.4	-3.5	0.4	-1.8	-0.6	-3.1	-0.7	-1.3	-1.0	-1.8	-1.6
Interest Expense	5.9	3.4	4.1	4.7	4.5	3.9	4.2	3.7	4.9	4.4	5.9	5.0
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	-0.3	0.3	0.0	0.0
Operating Profit Before Changes in Working Capital	29.5	7.9	20.5	18.6	27.0	6.5	10.6	8.0	6.6	7.7	19.1	3.7
Increase/(Decrease) in Receivables	-84.8	77.2	26.3	-27.8	-5.7	36.1	-24.6	29.2	-12.8	28.0	-113.2	23.3
Increase/(Decrease) in Inventory	14.7	-76.9	6.1	-50.5	-24.9	-28.3	18.6	-24.5	22.0	-38.5	83.4	-5.8
Increase/(Decrease) in Payables (Excl. Interest and CIT)	16.5	-92.3	115.0	-6.9	57.4	-51.6	49.8	5.9	-17.9	-74.0	34.2	-70.2
Increase/(Decrease) in Prepaid Expenses	-6.7	-1.7	-7.9	2.4	-5.7	-1.5	4.7	5.4	-12.1	-6.6	-3.7	-0.8
Changes in Trading Securities	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Interest Paid	-3.0	-6.3	-13.9	-0.1	-9.1	-3.9	-4.2	-0.0	-8.6	-4.4	-13.8	-1.4
Corporate Income Tax Paid	0.0	-9.0	0.0	-0.9	-0.0	-3.1	0.0	0.0	-0.0	-3.6	0.1	-0.1
Other Operating Receipts	—	0.4	—	—	—	—	0.4	4.4	-0.2	0.2	-1.8	1.8
Other Operating Payments	—	-1.5	—	-6.2	—	0.8	-5.0	-4.0	-0.1	0.1	2.3	-2.4
Net Cash Flow from Operating Activities	-32.7	-102.2	145.9	-65.2	37.7	-44.5	50.4	24.4	-23.1	-91.1	6.6	-51.9
Payments for Fixed Assets and Other Long-term Assets	-0.6	—	-0.7	-2.2	0.3	-1.4	-0.0	-0.2	-0.1	0.0	-0.8	-0.0
Proceeds from Disposal of Fixed Assets and Long-term Assets	4.8	-4.4	13.6	0.0	0.6	0.4	0.0	0.1	0.0	0.0	0.0	0.0
Loans and Purchases of Debt Instruments	-6.4	-1.7	-82.2	-2.6	-1.5	-1.9	-0.5	-24.3	-22.6	-1.2	-0.7	-0.4
Receipts from Loan Repayments and Sale of Debt Instruments	6.5	—	0.0	0.5	0.6	0.7	16.9	19.2	43.6	6.4	10.4	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	—	3.4	0.3	-0.5	2.0	0.6	3.1	0.5	1.4	1.0	1.4	1.7
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	0.9	-2.7	-68.9	-4.8	2.1	-1.6	19.4	-4.7	22.4	6.1	10.2	1.3
Proceeds from Equity Issuance and Capital Contributions	—	—	—	—	—	—	0.00	0.00	0.00	0.00	120,000,000,000.00	0.00
Share Repurchases	—	—	—	—	—	—	0.00	0.00	0.00	0.00	0.00	0.00
Proceeds from Borrowings	308.2	229.7	-164.0	707.2	137.1	325.9	204.2	288.3	145.2	283.8	222.5	275.4
Repayment of Borrowings	-242.8	-154.9	125.8	-660.3	-178.5	-0.2	-283.7	-292.1	-127.8	-231.4	-322.8	-241.2
Repayment of Finance Leases	-1.3	-1.1	-1.1	-1.1	-0.6	-0.4	0.0	3.5	-0.3	-0.3	-6.7	6.3
Dividends Paid	—	—	-0.0	0.0	-0.0	-0.0	0.0	0.0	-8.4	-0.0	-0.0	-8.4
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	64.1	73.7	-39.3	45.9	-42.0	55.8	-79.5	-0.4	8.7	52.1	13.0	32.2
Net Cash Flow During the Period	32.3	-31.2	37.7	-24.1	-2.2	9.6	-9.7	19.3	8.1	-32.9	29.9	-18.4
Cash and Cash Equivalents at Beginning of Period	18.8	50.1	12.4	36.5	38.7	29.1	38.2	38.2	38.2	38.2	26.4	26.4
FX Difference from Revaluation	—	—	—	—	—	—	0.0	0.0	0.0	0.0	0.0	0.0
Cash and Cash Equivalents at End of Period	51.2	18.8	50.1	12.4	36.5	38.7	23.1	32.7	13.4	5.4	38.2	8.4

Giải mã BCTC

Điểm nhấn trong BCTC của CTCP Vinaconex 25 (VCC) mà bạn nên biết

Q2/2026 On a TTM 2026Q2 basis, VCC is growing strongly on the back of scale expansion, while margins have only improved slightly — margins have just broken out to a notably higher level.

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