Victory Capital JSC Balance Sheet

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Jan '24 Jan 1, 2024
Cash & Equivalents	37,121	15,441	18,948
Short-Term Investments	-35	5,965	20,505
Cash & Short-Term Investments	37,086	21,406	39,453
Cash Growth	73.25%	-45.75%	-
Accounts Receivable	233,027	95,282	37,898
Other Receivables	185,796	287,374	184,278
Receivables	629,373	392,982	261,920
Inventory	260,917	209,446	81,648
Prepaid Expenses	795.9	290.8	102.96
Other Current Assets	38,596	90,487	20,427
Total Current Assets	966,768	714,611	403,551
Property, Plant & Equipment	62,771	65,736	59,641
Long-Term Investments	68,273	68,273	-
Goodwill	22,929	24,384	-
Other Intangible Assets	13,669	14,048	14,038
Long-Term Accounts Receivable	82,206	63,092	82,595
Other Long-Term Assets	185,053	168,415	85,042
Total Assets	1,401,668	1,118,558	644,867
Accounts Payable	166,821	149,889	18,193
Accrued Expenses	194,668	91,164	80,719
Short-Term Debt	150,944	127,136	-
Current Income Taxes Payable	12,736	9,287	161.49
Current Unearned Revenue	107.19	94.47	201.48
Other Current Liabilities	334,469	219,279	41,006
Total Current Liabilities	859,745	596,850	140,282
Long-Term Unearned Revenue	4,719	4,908	4,908
Other Long-Term Liabilities	33,067	29,819	12,954
Total Liabilities	897,531	631,576	158,143
Common Stock	1,000,000	1,000,000	1,000,000
Retained Earnings	-551,259	-562,595	-514,447
Treasury Stock	-	-7,866	-7,866
Total Common Equity	448,741	429,539	477,686
Minority Interest	55,396	57,444	9,037
Shareholders' Equity	504,137	486,982	486,723
Total Liabilities & Equity	1,401,668	1,118,558	644,867
Total Debt	150,944	127,136	-
Net Cash (Debt)	-113,858	-105,731	39,453
Net Cash Per Share	-1138.59	-1069.80	396.98
Filing Date Shares Outstanding	100	98.87	99.71
Total Common Shares Outstanding	100	98.87	99.71
Working Capital	107,023	117,762	263,270
Book Value Per Share	4487.41	4344.70	4790.88
Tangible Book Value	412,143	391,107	463,648
Tangible Book Value Per Share	4121.43	3955.97	4650.09
Buildings	84,066	83,558	80,195
Machinery	19,962	21,500	3,793

Source: S&P Capital IQ. Standard template. Financial Sources.