Income Statement City Auto Corporation

Stocks

CTF

VN000000CTF9

Auto Vehicles, Parts & Service Retailers

End-of-day quote Ho Chi Minh S.E. 2026-09-30			5-day change	1st Jan Change
18,200.00 ^VND	-0.82%		-6.19%	-4.21%

08-03	City Auto Joint Stock Company Announces the Establishment of a Subsidiary	CI
08-02	City Auto Corporation acquired 90% stake in Auto Ba Ria Vung Tau Joint Stock Company in a transaction valued at VND 45 billion.	CI

91173077d4e786f.jh7MzZoy6ENaMfc8OmseyvgLBBisDukxZo1ltQA63Gg.9laB9eBLsQkeAbV6Tz1ukMA9bDWdQKwCOewi9mQOkBC6JpaY6W3bKXd8hA

Published financial data: CITY AUTO CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Revenues	4,509B	6,307B	7,101B	8,174B	8,442B
Total Revenues	4,509B	6,307B	7,101B	8,174B	8,442B
Cost of Goods Sold, Total	4,217B	5,753B	6,691B	7,701B	7,964B
Gross Profit	292B	553B	410B	474B	478B
Selling General & Admin Expenses, Total	237B	402B	420B	483B	530B
Other Operating Expenses, Total	237B	402B	420B	483B	530B
Operating Income	54.91B	151B	-9.73B	-9.13B	-51.3B
Interest Expense, Total	-50.46B	-62.17B	-158B	-177B	-189B
Interest And Investment Income	44.44M	42.45B	185B	226B	215B
Net Interest Expenses	-50.42B	-19.71B	26.86B	49.47B	26.22B
Income (Loss) On Equity Invest.	-	-	-	-	138M
Currency Exchange Gains (Loss)	-	-	-38.62M	-145K	-14.03M
Other Non Operating Income (Expenses)	51.31B	14.55B	34.75B	12.21B	23.27B
EBT, Excl. Unusual Items	55.8B	146B	51.84B	52.55B	-1.68B
Gain (Loss) On Sale Of Investments	4.76B	-	-	-	-
Gain (Loss) On Sale Of Assets	1.49B	1.83B	1.32B	4.5B	27.06B
Other Unusual Items	-	-	718M	-	-
EBT, Incl. Unusual Items	62.05B	148B	53.88B	57.05B	25.38B
Income Tax Expense	10.22B	30.51B	9.83B	9.11B	13.17B
Earnings From Continuing Operations	51.83B	118B	44.05B	47.94B	12.21B
Net Income to Company	51.83B	118B	44.05B	47.94B	12.21B
Minority Interest	-2.72B	-5.82B	-3.06B	-1.5B	-3.1B
Net Income - (IS)	49.12B	112B	40.99B	46.43B	9.11B
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	49.12B	112B	40.99B	46.43B	9.11B
Net Income to Common Excl. Extra Items	49.12B	112B	40.99B	46.43B	9.11B
Per Share Items
Net EPS - Basic	555.24	1.26K	431.21	484.67	95.25
Basic EPS - Continuing Operations	555.24	1.26K	431.21	484.67	95.25
Basic Weighted Average Shares Outstanding	88.46M	88.48M	95.05M	95.8M	95.65M
Net EPS - Diluted	555.24	1.26K	431.21	484.67	95
Diluted EPS - Continuing Operations	555.24	1.26K	431.21	484.67	95
Diluted Weighted Average Shares Outstanding	88.46M	88.48M	95.05M	95.8M	95.65M
Normalized Basic EPS	363.5	967.03	308.67	327.13	-43.4
Normalized Diluted EPS	363.5	967.03	308.67	327.13	-43.4
Dividend Per Share	-	-	-	500	-
Payout Ratio	0.19	0.59	0.05	9.66	524.88
Supplemental Items
EBITDA	81.16B	167B	8.05B	11.06B	-14.03B
EBITA	64.62B	151B	-9.73B	-9.13B	-51.3B
EBIT	54.91B	151B	-9.73B	-9.13B	-51.3B
Total Revenues (As Reported)	4,509B	6,307B	7,101B	8,174B	8,442B
Effective Tax Rate - (Ratio)	16.47	20.61	18.25	15.97	51.89
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	10.22B	30.51B	9.83B	9.11B	13.17B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-	-	-	-	-
Normalized Net Income	32.15B	85.57B	29.34B	31.34B	-4.15B
Supplemental Operating Expense Items
Selling and Marketing Expenses	154B	266B	307B	344B	366B
General and Administrative Expenses	82.45B	136B	113B	138B	164B

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Assets
Cash And Equivalents	55.47B	74.55B	61.18B	69.03B	166B
Short Term Investments	-	-	-	-	10.4B
Total Cash And Short Term Investments	55.47B	74.55B	61.18B	69.03B	176B
Accounts Receivable, Total	227B	560B	1,020B	987B	918B
Other Receivables	245B	340B	476B	426B	572B
Notes Receivable	73.59B	34.25B	75.26B	95.4B	-
Total Receivables	546B	935B	1,571B	1,509B	1,489B
Inventory	325B	476B	614B	614B	881B
Prepaid Expenses	4.71B	20.35B	17.47B	11.76B	7.87B
Other Current Assets, Total	265B	228B	329B	576B	434B
Total Current Assets	1,196B	1,734B	2,592B	2,781B	2,989B
Gross Property Plant And Equipment	125B	171B	217B	252B	225B
Accumulated Depreciation	-49.57B	-60.36B	-72.66B	-86.84B	-90.38B
Net Property Plant And Equipment	74.99B	110B	145B	166B	135B
Long-term Investments	48B	116B	408B	415B	331B
Goodwill	71.84B	106B	91.36B	77.21B	63.05B
Other Intangibles, Total	84.66B	87.58B	86.96B	86.7B	104B
Other Long-Term Assets, Total	286B	374B	334B	393B	328B
Total Assets	1,762B	2,527B	3,657B	3,918B	3,950B
Liabilities
Accounts Payable, Total	138B	128B	221B	217B	155B
Accrued Expenses, Total	30.03B	38.21B	27.3B	43.07B	40.52B
Short-term Borrowings	595B	1,171B	1,787B	1,942B	2,275B
Current Portion of Long-Term Debt	10.84B	16.36B	71.81B	100B	-
Current Income Taxes Payable	8.79B	25.83B	8.71B	8.67B	12.47B
Unearned Revenue Current, Total	-	-	328M	508M	510M
Other Current Liabilities	100B	93.19B	105B	107B	135B
Total Current Liabilities	883B	1,473B	2,220B	2,418B	2,619B
Long-Term Debt	66.95B	129B	329B	362B	241B
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	-	-	33B	15.57B	5.95B
Total Liabilities	950B	1,602B	2,583B	2,795B	2,866B
Common Stock, Total	724B	760B	894B	957B	957B
Additional Paid In Capital	-	-	19B	19B	19B
Retained Earnings	56.93B	132B	77.65B	61.51B	22.8B
Comprehensive Income and Other	1.22B	1.22B	1.22B	1.22B	1.22B
Total Common Equity	782B	894B	992B	1,038B	1T
Minority Interest	29.71B	30.81B	82.82B	84.24B	84.3B
Total Equity	812B	925B	1,075B	1,123B	1,084B
Total Liabilities And Equity	1,762B	2,527B	3,657B	3,918B	3,950B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	91.1M	91.1M	95.65M	95.65M	95.65M
ECS Total Common Shares Outstanding	91.1M	91.1M	95.65M	95.65M	95.65M
Book Value / Share	8.59K	9.81K	10.37K	10.85K	10.45K
Tangible Book Value	626B	701B	814B	874B	833B
Tangible Book Value Per Share	6.87K	7.69K	8.5K	9.14K	8.7K
Total Debt	673B	1,317B	2,188B	2,403B	2,516B
Net Debt	617B	1,242B	2,127B	2,334B	2,340B
Minority Interest, Total (Incl. Fin. Div)	29.71B	30.81B	82.82B	84.24B	84.3B
Equity Method Investments, Total	-	-	26B	26B	26.14B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Work In Process, Total	5.45B	9.31B	8.21B	9.81B	13.47B
Inventories - Finished Goods, Total	320B	472B	609B	609B	871B
Inventories - Others	194M	53.27M	2.06B	109M	1.16B
Buildings, Total	51.04B	57.16B	75.01B	83.69B	83.92B
Machinery, Total	73.33B	88.98B	97.56B	125B	134B
Full Time Employees	309	358	-	226	301
Assets under Capital Lease - Gross	-	-	2.97B	6.14B	6.14B
Assets under Capital Lease - Accumulated Depreciation	-	-	-132M	-599M	-1.36B
Accumulated Allowance for Doubtful Accounts (Supple)	-	3.57B	-	-	-

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Net Income	49.12B	112B	40.99B	46.43B	9.11B
Depreciation & Amortization - CF	16.54B	16.01B	17.78B	20.2B	37.26B
Amortization of Goodwill and Intangible Assets - (CF)	9.72B	-	-	-	-
Depreciation & Amortization, Total	26.25B	16.01B	17.78B	20.2B	37.26B
Amortization of Deferred Charges, Total - (CF)	186M	585M	843M	962M	914M
(Gain) Loss From Sale Of Asset	-43.74B	-44B	-186B	-233B	-242B
Other Operating Activities, Total	9.28B	31.58B	-19.07B	-291M	8.84B
Change In Accounts Receivable	-122B	-440B	-537B	-76.19B	500B
Change In Inventories	-26.21B	-156B	-137B	61.69B	-267B
Change In Accounts Payable	-46.49B	-13.52B	172B	-26.78B	-50.54B
Change in Other Net Operating Assets	2.96B	-49.53B	3.71B	16.98B	11.53B
Cash from Operations	-150B	-543B	-644B	-190B	8.7B
Capital Expenditure	-23.75B	-61.8B	-60.64B	-31.86B	-42.28B
Sale of Property, Plant, and Equipment	11.06B	8.75B	7.51B	12.65B	57.54B
Investment in Marketable and Equity Securities, Total	-5B	-37.34B	-290B	55.54B	-61.4B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-41B	-10.4B
Other Investing Activities, Total	12.06B	9.81B	39.72B	124B	79.08B
Cash from Investing	-5.63B	-80.57B	-303B	120B	22.54B
Long-Term Debt Issued, Total	3,538B	4,655B	7,068B	7,702B	7,713B
Total Debt Issued	3,538B	4,655B	7,068B	7,702B	7,713B
Long-Term Debt Repaid, Total	-3,594B	-4,012B	-6,192B	-7,619B	-7,600B
Total Debt Repaid	-3,594B	-4,012B	-6,192B	-7,619B	-7,600B
Issuance of Common Stock	228B	-	57.01B	-	-
Common Dividends Paid	-95.65M	-655M	-21.43M	-4.49B	-47.82B
Common & Preferred Stock Dividends Paid	-95.65M	-655M	-21.43M	-4.49B	-47.82B
Cash from Financing	172B	643B	933B	78.61B	65.24B
Net Change in Cash	15.89B	19.07B	-13.37B	7.85B	96.49B
Supplemental Items
Cash Interest Paid	50.4B	61.17B	158B	177B	187B
Cash Income Tax Paid (Refund)	3.92B	13.1B	26.95B	9.57B	9.47B
Levered Free Cash Flow	-152B	-500B	-942B	-293B	-288B
Unlevered Free Cash Flow	-121B	-461B	-843B	-183B	-170B
Change In Net Working Capital	158B	510B	795B	166B	133B
Net Debt Issued / Repaid	-55.6B	644B	876B	83.1B	113B

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Profitability
Return on Assets	2.05	4.41	-0.2	-0.15	-0.81
Return on Total Capital	2.5	5.08	-0.22	-0.17	-0.9
Return On Equity %	7.71	13.54	4.41	4.36	1.11
Return on Common Equity	7.63	13.33	4.35	4.57	0.89
Margin Analysis
Gross Profit Margin %	6.47	8.77	5.77	5.79	5.67
SG&A Margin	5.25	6.37	5.91	5.91	6.27
EBITDA Margin %	1.8	2.65	0.11	0.14	-0.17
EBITA Margin %	1.43	2.4	-0.14	-0.11	-0.61
EBIT Margin %	1.22	2.4	-0.14	-0.11	-0.61
Income From Continuing Operations Margin %	1.15	1.86	0.62	0.59	0.14
Net Income Margin %	1.09	1.77	0.58	0.57	0.11
Net Avail. For Common Margin %	1.09	1.77	0.58	0.57	0.11
Normalized Net Income Margin	0.71	1.36	0.41	0.38	-0.05
Levered Free Cash Flow Margin	-3.38	-7.92	-13.26	-3.59	-3.41
Unlevered Free Cash Flow Margin	-2.68	-7.31	-11.87	-2.24	-2.01
Asset Turnover
Asset Turnover	2.7	2.94	2.3	2.16	2.15
Fixed Assets Turnover	59.16	68.05	55.66	52.66	56.14
Receivables Turnover (Average Receivables)	18.21	16.02	8.99	8.15	8.86
Inventory Turnover (Average Inventory)	13.51	14.36	12.27	12.54	10.65
Short Term Liquidity
Current Ratio	1.35	1.18	1.17	1.15	1.14
Quick Ratio	0.6	0.66	0.7	0.61	0.64
Operating Cash Flow to Current Liabilities	-0.17	-0.37	-0.29	-0.08	0
Days Sales Outstanding (Average Receivables)	20.05	22.78	40.6	44.93	41.19
Days Outstanding Inventory (Average Inventory)	27.02	25.43	29.74	29.18	34.26
Average Days Payable Outstanding	11.97	8.24	9.32	10.4	8.26
Cash Conversion Cycle (Average Days)	35.1	39.97	61.01	63.71	67.2
Long Term Solvency
Total Debt/Equity	82.89	142.38	203.58	214.1	232.16
Total Debt / Total Capital	45.32	58.74	67.06	68.16	69.89
LT Debt/Equity	8.25	13.92	30.66	32.21	22.28
Long-Term Debt / Total Capital	4.51	5.74	10.1	10.26	6.71
Total Liabilities / Total Assets	53.93	63.4	70.62	71.35	72.56
EBIT / Interest Expense	1.09	2.44	-0.06	-0.05	-0.27
EBITDA / Interest Expense	1.61	2.69	0.05	0.06	-0.07
(EBITDA - Capex) / Interest Expense	1.14	1.7	-0.33	-0.12	-0.3
Total Debt / EBITDA	8.29	7.87	271.7	217.2	-179.31
Net Debt / EBITDA	7.61	7.42	264.11	210.96	-166.78
Total Debt / (EBITDA - Capex)	11.72	12.47	-41.6	-115.59	-44.68
Net Debt / (EBITDA - Capex)	10.76	11.76	-40.44	-112.27	-41.56
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-20.12	39.88	12.59	15.12	3.28
Gross Profit, 1 Yr. Growth %	-5.68	89.69	-25.87	15.5	1.02
EBITDA, 1 Yr. Growth %	96.95	105.77	-95.21	24.4	-216.68
EBITA, 1 Yr. Growth %	285.05	175.71	-106.43	-6.13	461.77
EBIT, 1 Yr. Growth %	227.16	175.71	-106.43	-6.13	461.77
Earnings From Cont. Operations, 1 Yr. Growth %	3.52K	126.75	-62.52	8.83	-74.52
Net Income, 1 Yr. Growth %	4.8K	127.45	-63.31	13.28	-80.38
Normalized Net Income, 1 Yr. Growth %	1.99K	166.11	-65.71	6.82	-113.25
Diluted EPS Before Extra, 1 Yr. Growth %	4.84K	127.38	-65.85	12.4	-80.41
Accounts Receivable, 1 Yr. Growth %	-15.23	146.47	82.05	-3.15	-7.05
Inventory, 1 Yr. Growth %	8.62	46.53	28.86	0.01	43.53
Net Property, Plant and Equip., 1 Yr. Growth %	-3.16	47.15	31.21	14.41	-18.46
Total Assets, 1 Yr. Growth %	11.62	43.39	44.75	7.11	0.83
Tangible Book Value, 1 Yr. Growth %	84.43	12.01	16.09	7.48	-4.78
Common Equity, 1 Yr. Growth %	54.71	14.28	10.96	4.68	-3.73
Cash From Operations, 1 Yr. Growth %	-224.4	261.27	18.49	-70.41	-104.57
Capital Expenditures, 1 Yr. Growth %	-11.9	160.18	-1.87	-47.47	32.73
Levered Free Cash Flow, 1 Yr. Growth %	-	228.38	88.46	-68.88	-1.8
Unlevered Free Cash Flow, 1 Yr. Growth %	-	282.02	82.96	-78.32	-7.22
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	5.71	25.5	13.85	9.04
Gross Profit, 2 Yr. CAGR %	-	33.76	18.58	-7.47	8.01
EBITDA, 2 Yr. CAGR %	-	101.54	-68.54	-74.33	25.6
EBITA, 2 Yr. CAGR %	-	200.33	-57.91	-75.44	129.64
EBIT, 2 Yr. CAGR %	-	200.33	-57.91	-75.44	129.64
Earnings From Cont. Operations, 2 Yr. CAGR %	-	806.45	-7.82	-36.14	-47.35
Net Income, 2 Yr. CAGR %	-	955.48	-8.65	-35.53	-52.85
Normalized Net Income, 2 Yr. CAGR %	-	645.27	-4.48	-39.48	-62.39
Diluted EPS Before Extra, 2 Yr. CAGR %	-	959.55	-11.87	-38.04	-53.06
Accounts Receivable, 2 Yr. CAGR %	-	44.55	111.83	32.79	-5.12
Inventory, 2 Yr. CAGR %	-	26.15	37.41	13.52	19.81
Net Property, Plant and Equip., 2 Yr. CAGR %	-	19.37	38.95	22.52	-3.41
Total Assets, 2 Yr. CAGR %	-	26.51	44.07	24.52	3.93
Tangible Book Value, 2 Yr. CAGR %	-	43.73	14.03	11.7	1.17
Common Equity, 2 Yr. CAGR %	-	32.97	12.61	7.78	0.39
Cash From Operations, 2 Yr. CAGR %	-	112	106.9	-40.79	-88.38
Capital Expenditures, 2 Yr. CAGR %	-	51.4	59.78	-28.2	-16.5
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	148.77	-23.41	-44.72
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	164.37	-37.03	-55.16
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	7.95	21.94	10.21
Gross Profit, 3 Yr. CAGR %	-	-	9.87	17.54	-4.72
EBITDA, 3 Yr. CAGR %	-	-	-41.97	-48.57	-56.28
EBITA, 3 Yr. CAGR %	-	-	-16.62	-45.01	-30.28
EBIT, 3 Yr. CAGR %	-	-	-16.62	-45.01	-30.28
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	213.44	-2.57	-52.99
Net Income, 3 Yr. CAGR %	-	-	244.47	-1.86	-56.63
Normalized Net Income, 3 Yr. CAGR %	-	-	167.05	-0.85	-63.53
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	237.21	-4.43	-57.78
Accounts Receivable, 3 Yr. CAGR %	-	-	56.1	63.19	17.9
Inventory, 3 Yr. CAGR %	-	-	27.05	23.6	22.75
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	23.2	30.23	6.97
Total Assets, 3 Yr. CAGR %	-	-	32.32	30.52	16.06
Tangible Book Value, 3 Yr. CAGR %	-	-	33.85	11.8	5.92
Common Equity, 3 Yr. CAGR %	-	-	25.19	9.9	3.8
Cash From Operations, 3 Yr. CAGR %	-	-	74.63	8.2	-74.79
Capital Expenditures, 3 Yr. CAGR %	-	-	31.02	10.28	-11.88
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	24.42	-16.8
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	14.85	-28.34
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.86	-	-	-	8.39
Gross Profit, 5 Yr. CAGR %	9.81	-	-	-	9.12
EBITDA, 5 Yr. CAGR %	23.77	-	-	-	-19.38
EBITA, 5 Yr. CAGR %	23.08	-	-	-	25.04
EBIT, 5 Yr. CAGR %	19.14	-	-	-	25.04
Earnings From Cont. Operations, 5 Yr. CAGR %	13.21	-	-	-	53.55
Net Income, 5 Yr. CAGR %	12.68	-	-	-	55.48
Normalized Net Income, 5 Yr. CAGR %	10.94	-	-	-	21.93
Diluted EPS Before Extra, 5 Yr. CAGR %	-9.68	-	-	-	53.23
Accounts Receivable, 5 Yr. CAGR %	5.78	-	-	-	27.91
Inventory, 5 Yr. CAGR %	3.83	-	-	-	24.1
Net Property, Plant and Equip., 5 Yr. CAGR %	16.59	-	-	-	11.77
Total Assets, 5 Yr. CAGR %	20.99	-	-	-	20.13
Tangible Book Value, 5 Yr. CAGR %	37.48	-	-	-	19.67
Common Equity, 5 Yr. CAGR %	29.9	-	-	-	14.61
Cash From Operations, 5 Yr. CAGR %	-4.36	-	-	-	-40.92
Capital Expenditures, 5 Yr. CAGR %	-3.01	-	-	-	9.42
Levered Free Cash Flow, 5 Yr. CAGR %	-8.84	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-12.32	-	-	-	-