Financial Statements (2024)

Financial

Statements

Financial Performance

Financial Indicators

Contribution to the State budget

Mã số

31/12/2024
VND

01/01/2024
VND

ASSETS

Current assets
(100 = 110 + 120 + 130 + 140 + 150)

CODE 100

31/12/2024
VND59,543,529,720,085

01/01/2024
VND57,306,926,231,393

Cash and cash equivalents

CODE 110

31/12/2024
VND14,933,068,792,315

01/01/2024
VND14,048,245,083,619

Cash

CODE 111

31/12/2024
VND5,329,158,367,088

01/01/2024
VND8,103,733,928,351

Cash equivalents

CODE 112

31/12/2024
VND9,603,910,425,227

01/01/2024
VND5,944,511,155,268

Short-term financial investments

CODE 120

31/12/2024
VND15,108,762,286,646

01/01/2024
VND16,495,622,447,477

Trading securities

CODE 121

31/12/2024
VND6,691,022,742

01/01/2024
VND6,691,022,742

Allowance for diminution in the value of trading securities

CODE 122

31/12/2024
VND(2,095,304,108)

01/01/2024
VND(1,951,375,740)

Held-to-maturity investments

CODE 123

31/12/2024
VND15,104,166,568,012

01/01/2024
VND16,490,882,800,475

Accounts receivable – short-term

CODE 130

31/12/2024
VND12,465,105,480,349

01/01/2024
VND10,975,342,199,058

Accounts receivable from customers

CODE 131

31/12/2024
VND12,232,902,323,561

01/01/2024
VND10,021,848,511,588

Prepayments to suppliers

CODE 132

31/12/2024
VND383,629,822,851

01/01/2024
VND666,633,246,084

Prepayments to suppliers

CODE 136

31/12/2024
VND654,385,304,273

01/01/2024
VND823,710,371,386

Allowance for doubtful debts

CODE 137

31/12/2024
VND(806,531,504,366)

01/01/2024
VND(538,640,885,535)

Shortage of assets awaiting resolution

CODE 139

31/12/2024
VND719,534,030

01/01/2024
VND1,790,955,535

Inventories

CODE 140

31/12/2024
VND15,673,039,677,316

01/01/2024
VND14,639,913,875,637

Inventories

CODE 141

31/12/2024
VND15,746,686,393,576

01/01/2024
VND14,677,544,350,217

Allowance for inventories

CODE 149

31/12/2024
VND(73,646,716,260)

01/01/2024
VND(37,630,474,580)

Other current assets

CODE 150

31/12/2024
VND1,363,553,483,459

01/01/2024
VND1,147,802,625,602

Short-term prepaid expenses

CODE 151

31/12/2024
VND353,345,217,068

01/01/2024
VND293,253,255,930

Deductible value added tax

CODE 152

31/12/2024
VND411,308,909,245

01/01/2024
VND693,036,261,169

Taxes and others receivable from State Treasury

CODE 153

31/12/2024
VND598,191,162,379

01/01/2024
VND160,746,806,949

Other current assets

CODE 155

31/12/2024
VND708,194,767

01/01/2024
VND766,301,554

Long-term assets
(200 = 210 + 220 + 230 + 240 + 250 + 260)

CODE 200

31/12/2024
VND21,731,105,153,387

01/01/2024
VND22,368,692,867,937

Accounts receivable – long-term

CODE 210

31/12/2024
VND31,273,357,852

01/01/2024
VND28,936,190,703

Accounts receivable from customers – long-term

CODE 211

31/12/2024
VND285,000.000

01/01/2024
VND367,919,000

Other long-term receivables

Code 216

31/12/2024
VND33,355,357,852

01/01/2024
VND32,435,271,703

Allowance for doubtful long-term debts

CODE 219

31/12/2024
VND(2,367,000,000)

01/01/2024
VND(3,867,000,000)

Fixed assets

CODE 220

31/12/2024
VND13,585,527,863,398

01/01/2024
VND13,654,716,254,540

Tangible fixed assets

CODE 221

31/12/2024
VND11,198,732,428,507

01/01/2024
VND11,310,449,028,835

Cost

CODE 222

31/12/2024
VND37,616,410,718,322

01/01/2024
VND36,044,002,668,225

Accumulated depreciation

CODE 223

31/12/2024
VND(26,417,678,289,815)

01/01/2024
VND(24,733,553,639,390)

Intangible fixed assets

CODE 227

31/12/2024
VND2,386,795,434,891

01/01/2024
VND2,344,267,225,705

Cost

CODE 228

31/12/2024
VND3,324,142,680,857

01/01/2024
VND3,238,488,978,901

Accumulated amortisation

CODE 229

31/12/2024
VND(937,347,245,966)

01/01/2024
VND(894,221,753,196)

Investment property

CODE 230

31/12/2024
VND107,979,606,627

01/01/2024
VND115,855,426,374

Cost

CODE 231

31/12/2024
VND195,263,598,500

01/01/2024
VND198,650,312,676

Accumulated depreciation

CODE 232

31/12/2024
VND(87,283,991,873)

01/01/2024
VND(82,794,886,302)

Long-term work in progress

CODE 240

31/12/2024
VND1,445,555,813,867

01/01/2024
VND919,552,879,504

Construction in progress

CODE 242

31/12/2024
VND1,445,555,813,867

01/01/2024
VND919,552,879,504

Long-term financial investments

CODE 250

31/12/2024
VND3,221,257,702,429

01/01/2024
VND4,812,246,891,099

Investments in associates, joint-ventures

CODE 252

31/12/2024
VND1,579,182,296,955

01/01/2024
VND1,386,863,613,926

Equity investments in other entities

CODE 253

31/12/2024
VND263,775,498,977

01/01/2024
VND263,775,498,977

Allowance for diminution in the value of long-term financial investments

CODE 254

31/12/2024
VND(122,100,093,503)

01/01/2024
VND(115,392,221,804)

Held-to-maturity investments

CODE 255

31/12/2024
VND1,500,400,000,000

01/01/2024
VND3,277,000,000,000

Other long-term assets

CODE 260

31/12/2024
VND3,339,510,809,214

01/01/2024
VND2,837,385,225,717

Long-term prepaid expenses

CODE 261

31/12/2024
VND3,196,608,497,707

01/01/2024
VND2,757,122,218,016

Deferred tax assets

CODE 262

31/12/2024
VND138,666,258,231

01/01/2024
VND71,285,984,559

Long-term tools, supplies and spare parts

CODE 263

31/12/2024
VND-

01/01/2024
VND22,118,300

Other long-term assets

CODE 268

31/12/2024
VND4,236,053,276

01/01/2024
VND8,954,904,842

TOTAL ASSETS (270=100+200)

CODE 270

31/12/2024
VND81,274,634,873,472

01/01/2024
VND79,675,619,099,330

RESOURCES

LIABILITIES
(300 = 310 + 330)

CODE 300

31/12/2024
VND51,966,660,429,999

01/01/2024
VND50,473,511,920,499

Current liabilities

CODE 310

31/12/2024
VND51,179,621,629,763

01/01/2024
VND49,660,611,907,033

Accounts payable to suppliers

CODE 311

31/12/2024
VND25,234,288,621,868

01/01/2024
VND22,157,175,085,154

Advances from customers

CODE 312

31/12/2024
VND300,833,697,756

01/01/2024
VND287,050,726,278

Taxes and others payable to State Treasury

CODE 313

31/12/2024
VND2,118,247,116,721

01/01/2024
VND2,102,497,562,554

Payables to employees

CODE 314

31/12/2024
VND1,556,124,473,509

01/01/2024
VND1,491,647,038,536

Accrued expenses

CODE 315

31/12/2024
VND422,929,120,203

01/01/2024
VND365,545,209,514

Unearned revenue – short-term

CODE 318

31/12/2024
VND13,322,247,375

01/01/2024
VND12,165,648,313

Other payables – short-term

CODE 319

31/12/2024
VND334,920,588,040

01/01/2024
VND322,637,218,749

Short-term borrowings

CODE 320

31/12/2024
VND17,384,522,205,263

01/01/2024
VND19,135,323,816,408

Provisions – short-term

CODE 321

31/12/2024
VND180,779,589,540

01/01/2024
VND274,147,714,271

Bonus and welfare fund

CODE 322

31/12/2024
VND552,181,042,922

01/01/2024
VND459,902,289,336

Petroleum price stabilisation fund

CODE 323

31/12/2024
VND3,081,472,926,566

01/01/2024
VND3,052,519,597,920

Long-term liabilities

CODE 330

31/12/2024
VND787,038,800,236

01/01/2024
VND812,900,013,466

Long-term advances from customers

CODE 332

31/12/2024
VND15,527,760,920

01/01/2024
VND15,157,760,920

Long-term accrued expenses

CODE 333

31/12/2024
VND40,106,480,521

01/01/2024
VND31,758,247,067

Long-term unearned revenue

CODE 336

31/12/2024
VND17,678,083,487

01/01/2024
VND23,866,702,050

Other payables – long-term

CODE 337

31/12/2024
VND68,619,215,898

01/01/2024
VND70,762,745,253

Long-term borrowings

CODE 338

31/12/2024
VND487,101,948,000

01/01/2024
VND646,814,450,564

Deferred tax liabilities

CODE 341

31/12/2024
VND100,905,942,410

01/01/2024
VND21,970,138,615

Provisions – long-term

CODE 342

31/12/2024
VND57,099,369,000

01/01/2024
VND2,569,968,997

EQUITY
(400 = 410)

CODE 400

31/12/2024
VND29,307,974,443,473

01/01/2024
VND29,202,107,178,831

Owners’ equity

CODE 410

31/12/2024
VND29,307,974,443,473

01/01/2024
VND29,202,107,178,831

Share capital

CODE 411

31/12/2024
VND12,938,780,810,000

01/01/2024
VND12,938,780,810,000

Ordinary shares with voting rights

CODE 411a

31/12/2024
VND12,938,780,810,000

01/01/2024
VND12,938,780,810,000

Share premium

CODE 412

31/12/2024
VND7,359,059,317,417

01/01/2024
VND7,359,059,317,417

Other capital

CODE 414

31/12/2024
VND966,832,515,772

01/01/2024
VND966,832,515,772

Treasury shares

CODE 415

31/12/2024
VND(232,858,460,000)

01/01/2024
VND(232,858,460,000)

Differences upon asset revaluation

CODE 416

31/12/2024
VND(1,279,967,589,219)

01/01/2024
VND(1,279,967,589,219)

Foreign exchange differences

CODE 417

31/12/2024
VND162,646,100,841

01/01/2024
VND139,461,256,127

Investment and development fund

CODE 418

31/12/2024
VND2,095,393,107,398

01/01/2024
VND1,769,457,074,318

Other equity funds

CODE 420

31/12/2024
VND84,167,516,368

01/01/2024
VND84,189,002,716

Retained profits

CODE 421

31/12/2024
VND3,928,809,359,665

01/01/2024
VND4,194,581,632,922

Retained profits brought forward

CODE 421a

31/12/2024
VND1,039,005,657,125

01/01/2024
VND4,194,581,632,922

Profit for the current year

CODE 421b

31/12/2024
VND2,889,803,702,540

01/01/2024
VND-

Non-controlling interest

CODE 429

31/12/2024
VND3,285,111,765,231

01/01/2024
VND3,262,571,618,778

TOTAL RESOURCES (440=300+400)

CODE 440

31/12/2024
VND81,274,634,873,472

01/01/2024
VND79,675,619,099,330

CODE

2024
VND

2023
VND

Revenue from sales of goods and provision of services

CODE 01

2024
VND 284,124,014,890,319

2023
VND 274,082,359,042,928

Revenue deductions

CODE02

2024
VND 106,590,351,159

2023
VND 103,183,069,449

Net revenue (10 = 01 - 02)

CODE 10

2024
VND 284,017,424,539,160

2023
VND 273,979,175,973,479

Cost of sales

CODE 11

2024
VND 266,666,114,613,699

2023
VND 258,715,274,315,672

Gross profit (20 = 10 - 11)

CODE 20

2024
VND 17,351,309,925,461

2023
VND 15,263,901,657,807

Financial income

CODE 21

2024
VND 1,635,278,874,392

2023
VND 2,742,716,620,267

Financial expenses

CODE 22

2024
VND 1,196,075,118,805

2023
VND 1,723,462,286,268

In which: Interest expense

CODE 23

2024
VND 568,190,119,356

2023
VND 898,602,546,828

Share of profit in associates and joint ventures

CODE 24

2024
VND 528,005,384,335

2023
VND 623,848,502,506

Selling expenses

CODE 25

2024
VND 13,517,691,226,147

2023
VND 12,139,673,166,162

General and administration expenses

CODE 26

2024
VND 1,040,695,331,786

2023
VND 949,360,826,359

Net operating profit
{30 = 20 + (21 - 22) + 24 - (25 + 26)}

CODE 30

2024
VND 3,760,132,507,450

2023
VND 3,817,970,501,791

Other income

CODE 31

2024
VND 294,790,227,180

2023
VND 194,730,183,129

Other expenses

CODE 32

2024
VND 82,742,455,175

2023
VND 65,310,439,316

Results of other activities (40 = 31 - 32)

CODE 40

2024
VND 212,047,772,005

2023
VND 129,419,743,813

Accounting profit before tax (50 = 30 + 40)

CODE 50

2024
VND 3,972,180,279,455

2023
VND 3,947,390,245,604

Income tax expense – current

CODE 51

2024
VND 799,607,413,938

2023
VND 804,270,679,753

Income tax expense/(benefit) – deferred

CODE 52

2024
VND 11,420,925,002

2023
VND 65,799,622,451

Net profit after tax (60 = 50 - 51 - 52)

CODE 60

2024
VND 3,161,151,940,515

2023
VND 3,077,319,943,400

Attributable to

CODE

2024
VND

2023
VND

Shareholders of the Parent Company

CODE 61

2024
VND 2,889,803,702,540

2023
VND 2,833,906,727,712

Non-controlling interest

CODE 62

2024
VND 271,348,237,975

2023
VND 243,413,215,688

Earnings per share

CODE

2024
VND

2023
VND

Basic earnings per share

CODE 70

2024
VND 1,767

2023
VND 1,455

CODE

2024
VND

2023
VND

CASH FLOWS FROM OPERATING ACTIVITIES

Accounting profit before tax

CODE 01

2024
VND3,972,180,279,455

2023
VND3,947,390,245,604

Adjustments for

Depreciation and amortisation

CODE 02

2024
VND2,177,193,998,275

2023
VND2,184,794,870,169

Allowances and provisions

CODE 03

2024
VND456,775,412,122

2023
VND141,013,749,897

Exchange losses arising from revaluation of monetary items denominated in foreign currencies

CODE 04

2024
VND(10,878,154,953)

2023
VND13,287,356,000

Profits from investing activities

CODE 05

2024
VND(1,546,179,461,991)

2023
VND(2,465,763,180,879)

Interest expense

CODE 06

2024
VND568,190,119,356

2023
VND898,602,546,828

Other adjustments (Movement in petroleum price stabilisation fund – Note 22)

CODE 07

2024
VND23,302,392,000

2023
VND1,061,656,963,384

Operating profit before changes in working capital

CODE 08

2024
VND5,640,584,584,264

2023
VND5,780,982,551,003

Change in receivables

CODE 09

2024
VND(1,986,871,618,966)

2023
VND2,148,238,587,213

Change in inventories

CODE 10

2024
VND(1,069,142,043,359)

2023
VND2,623,792,411,518

Change in payables and other liabilities

CODE 11

2024
VND2,686,050,322,105

2023
VND(3,354,468,238,187)

Change in prepaid expenses

CODE 12

2024
VND(321,976,620,446)

2023
VND(103,026,230,738)

Change in trading securities

CODE 13

2024
VND-

2023
VND276,725,816

CODE

2024
VND4,948,644,623,598

2023
VND7,095,795,806,625

Interest paid

CODE 14

2024
VND(594,550,108,333)

2023
VND(851,560,272,409)

Income tax paid

CODE 15

2024
VND(908,627,737,024)

2023
VND(433,197,206,807)

Other receipts from operating activities

CODE 16

2024
VND5,650,936,646

2023
VND5,073,063,929

Other payments for operating activities

CODE 17

2024
VND(1,078,126,941,733)

2023
VND(542,538,240,177)

Net cash flows from operating activities

CODE20

2024
VND2,372,990,773,154

2023
VND5,273,573,151,161

CASH FLOWS FROM INVESTING ACTIVITIES

Payments for additions to fixed assets and other long-term assets

CODE 21

2024
VND(1,995,731,599,636)

2023
VND(1,652,018,073,110)

Proceeds from disposals of fixed assets and other long-term assets

CODE 22

2024
VND44,365,512,966

2023
VND32,687,539,636

Payments for placement of deposits with terms of more than 3 months, purchase of debt instruments of other entities

CODE 23

2024
VND(22,861,164,367,130)

2023
VND(28,587,141,387,911)

Receipts from withdrawal of deposits with terms of more than 3 months, sales of debt instruments of other entities

CODE 24

2024
VND26,024,480,599,593

2023
VND19,111,847,066,624

Collections on investments in other entities

CODE 26

2024
VND-

2023
VND2,573,005,260,000

Receipts of interests, dividends and shares of profits

CODE 27

2024
VND1,339,532,126,854

2023
VND1,446,768,601,730

Net cash flows from investing activities

CODE 30

2024
VND2,551,482,272,647

2023
VND(7,074,850,993,031)

CASH FLOWS FROM FINANCING ACTIVITIES

Proceeds from borrowings

CODE 33

2024
VND71,468,190,918,980

2023
VND82,478,085,876,631

Payments to settle loan principals

CODE 34

2024
VND(73,402,086,128,922)

2023
VND(77,133,802,144,004)

Payments of dividends

CODE 36

2024
VND(2,107,418,183,785)

2023
VND(1,099,707,459,657)

Net cash flows from financing activities

CODE 40

2024
VND(4,041,313,393,727)

2023
VND4,244,576,272,970

Net cash flows during the year
(50 = 20 + 30 + 40)

CODE 50

2024
VND883,159,652,074

2023
VND2,443,298,431,100

Cash and cash equivalents at the beginning of the year

CODE 60

2024
VND14,048,245,083,619

2023
VND11,606,028,926,698

Effect of exchange rate fluctuations on cash and cash equivalents

CODE 61

2024
VND1,664,056,622

2023
VND(1,082,274,179)

Cash and cash equivalents at the end of the year (70 = 50 + 60 + 61)

CODE 70

2024
VND14,933,068,792,315

2023
VND14,048,245,083,619