Cash flow Hoa Binh Rubber

Stocks

HRC

VN000000HRC9

Tires & Rubber Products

End-of-day quote Ho Chi Minh S.E. 2026-08-14			5-day change	1st Jan Change
32,000.00 ^VND	-3.03%		-8.57%	+8.11%

07-20	Hoa Binh Rubber Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
06-28	Hoa Binh Rubber Joint Stock Company Provides Earnings Guidance for the Fiscal Year 2026	CI

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Published financial data: HOA BINH RUBBER

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	185B	179B	183B	214B	244B
Total Revenues	185B	179B	183B	214B	244B
Cost of Goods Sold, Total	156B	162B	174B	169B	204B
Gross Profit	28.9B	16.99B	9.42B	45.21B	40.27B
Selling General & Admin Expenses, Total	19.95B	17.68B	20.55B	18.74B	22.38B
Other Operating Expenses, Total	19.95B	17.68B	20.55B	18.74B	22.38B
Operating Income	8.95B	-691M	-11.14B	26.48B	17.88B
Interest Expense, Total	-15.52B	-13.96B	-15.5B	-11.95B	-10.56B
Interest And Investment Income	25.04B	15.19B	37.03B	16.18B	21.2B
Net Interest Expenses	9.52B	1.24B	21.53B	4.22B	10.65B
Currency Exchange Gains (Loss)	-90.49M	716M	303M	26.08M	382M
Other Non Operating Income (Expenses)	3.26B	3.01B	3.34B	9.27B	7.78B
EBT, Excl. Unusual Items	21.65B	4.27B	14.03B	39.99B	36.69B
Gain (Loss) On Sale Of Investments	-5.1M	197M	-343M	-1.32B	1.97B
Gain (Loss) On Sale Of Assets	635M	5.7B	3.29B	28.48B	113M
Other Unusual Items	-68.83M	-3M	-	-	-
EBT, Incl. Unusual Items	22.21B	10.16B	16.98B	67.15B	38.77B
Income Tax Expense	138M	-	-	5.75B	3.64B
Earnings From Continuing Operations	22.07B	10.16B	16.98B	61.4B	35.13B
Net Income to Company	22.07B	10.16B	16.98B	61.4B	35.13B
Net Income - (IS)	22.07B	10.16B	16.98B	61.4B	35.13B
Net Income to Common Incl Extra Items	22.07B	10.16B	16.98B	61.4B	35.13B
Net Income to Common Excl. Extra Items	22.07B	10.16B	16.98B	61.4B	35.13B
Per Share Items
Net EPS - Basic	730.69	336.31	562.06	2.03K	1.16K
Basic EPS - Continuing Operations	730.69	336.31	562.06	2.03K	1.16K
Basic Weighted Average Shares Outstanding	30.21M	30.21M	30.21M	30.21M	30.21M
Net EPS - Diluted	730.69	336	562	2.03K	1.16K
Diluted EPS - Continuing Operations	730.69	336	562	2.03K	1.16K
Diluted Weighted Average Shares Outstanding	30.21M	30.21M	30.21M	30.21M	30.21M
Normalized Basic EPS	447.91	88.28	290.35	827.44	759.17
Normalized Diluted EPS	447.91	88.28	290.35	827.44	759.17
Dividend Per Share	-	300	-	-	-
Payout Ratio	-	-	52.18	-	-
Supplemental Items
EBITDA	24.44B	16.81B	7.94B	46.69B	38.39B
EBITA	8.99B	-651M	-11.1B	26.48B	17.88B
EBIT	8.95B	-691M	-11.14B	26.48B	17.88B
EBITDAR	-	-	-	-	-
Total Revenues (As Reported)	185B	179B	183B	214B	244B
Effective Tax Rate - (Ratio)	0.62	-	-	8.56	9.39
Total Current Taxes	138M	-	-	-	3.64B
Normalized Net Income	13.53B	2.67B	8.77B	24.99B	22.93B
Supplemental Operating Expense Items
Selling and Marketing Expenses	3.2B	3.35B	4.13B	3.3B	2.74B
General and Administrative Expenses	16.75B	14.34B	16.42B	15.44B	19.65B
Net Rental Expense, Total	-	-	-	-	-
Imputed Operating Lease Interest Expense	-	-	-	-	-
Imputed Operating Lease Depreciation	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	25.04B	13.22B	17.97B	75.02B	54.09B
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	25.04B	13.22B	17.97B	75.02B	54.09B
Accounts Receivable, Total	7.01B	6.79B	31.91B	6.86B	5.03B
Other Receivables	10.75B	3.9B	317M	29.03M	4.28B
Total Receivables	17.76B	10.69B	32.22B	6.89B	9.31B
Inventory	38.93B	24.63B	14.28B	27.38B	66.12B
Prepaid Expenses	831M	2.8B	1.44B	831M	944M
Other Current Assets, Total	106M	411M	562M	286M	379M
Total Current Assets	82.67B	51.74B	66.48B	110B	131B
Gross Property Plant And Equipment	630B	642B	653B	645B	656B
Accumulated Depreciation	-107B	-124B	-142B	-150B	-171B
Net Property Plant And Equipment	523B	517B	511B	495B	485B
Long-term Investments	238B	238B	238B	237B	239B
Other Intangibles, Total	909M	869M	829M	789M	890M
Other Long-Term Assets, Total	2.76B	2.38B	2.45B	3.58B	3.51B
Total Assets	848B	811B	819B	846B	858B
Liabilities
Accounts Payable, Total	3.37B	814M	4.84B	5B	20.88B
Accrued Expenses, Total	18.5B	21.82B	22.55B	23.28B	36.88B
Short-term Borrowings	109B	95.51B	120B	109B	94.71B
Current Portion of Long-Term Debt	20.89B	25.07B	27.13B	25.62B	19.46B
Current Income Taxes Payable	-	-	-	5.48B	1.67B
Other Current Liabilities	2.17B	1.81B	2.26B	6.2B	3.56B
Total Current Liabilities	154B	145B	176B	175B	177B
Long-Term Debt	143B	117B	90.33B	64.71B	45.25B
Other Non Current Liabilities	-	-	-	3.09B	7.64B
Total Liabilities	297B	262B	267B	243B	230B
Common Stock, Total	302B	302B	302B	302B	302B
Retained Earnings	255B	252B	256B	307B	332B
Comprehensive Income and Other	-5.53B	-5.53B	-5.53B	-5.53B	-5.53B
Total Common Equity	551B	548B	552B	603B	628B
Total Equity	551B	548B	552B	603B	628B
Total Liabilities And Equity	848B	811B	819B	846B	858B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	30.21M	30.21M	30.21M	30.21M	30.21M
ECS Total Common Shares Outstanding	30.21M	30.21M	30.21M	30.21M	30.21M
Book Value / Share	18.24K	18.15K	18.28K	19.97K	20.8K
Tangible Book Value	550B	547B	551B	602B	627B
Tangible Book Value Per Share	18.21K	18.12K	18.25K	19.94K	20.77K
Total Debt	273B	238B	237B	200B	159B
Net Debt	248B	225B	219B	125B	105B
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	681M	814M	625M	565M	420M
Inventories - Work In Process, Total	-	-	-	4.64B	3.93B
Inventories - Finished Goods, Total	37.93B	24.03B	13.31B	21.88B	61.39B
Inventories - Others	320M	620M	349M	302M	379M
Buildings, Total	57.57B	57.57B	57.86B	59.25B	59.64B
Machinery, Total	19.72B	19.91B	19.62B	20.25B	23.13B
Full Time Employees	608	516	634	564	528

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	22.07B	10.16B	16.98B	61.4B	35.13B
Depreciation & Amortization - CF	15.45B	17.46B	19.03B	20.22B	20.51B
Amortization of Goodwill and Intangible Assets - (CF)	39.95M	39.95M	39.95M	39.95K	-
Depreciation & Amortization, Total	15.49B	17.5B	19.07B	20.22B	20.51B
Amortization of Deferred Charges, Total - (CF)	-	-	-	-	48.72M
Other Operating Activities, Total	-269B	-21.25B	-50.68B	-32.29B	-53.72B
Cash from Operations	-232B	6.41B	-14.63B	49.33B	1.96B
Capital Expenditure	-13.03B	-12.54B	-9.17B	-7.38B	-3.9B
Sale of Property, Plant, and Equipment	171M	6.27B	1.26B	36.29B	-
Investment in Marketable and Equity Securities, Total	220B	-	-	-	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	31.04B	22.84B	37.03B	16.18B	21.2B
Cash from Investing	238B	16.57B	29.12B	45.08B	17.3B
Long-Term Debt Issued, Total	179B	150B	135B	170B	201B
Total Debt Issued	179B	150B	135B	170B	201B
Long-Term Debt Repaid, Total	-190B	-185B	-136B	-208B	-241B
Total Debt Repaid	-190B	-185B	-136B	-208B	-241B
Common Dividends Paid	-	-	-8.86B	-	-
Common & Preferred Stock Dividends Paid	-	-	-8.86B	-	-
Cash from Financing	-11.1B	-34.68B	-9.76B	-37.43B	-40.29B
Foreign Exchange Rate Adjustments	-5.74M	-122M	35.92M	60.06M	97.63M
Net Change in Cash	-4.65B	-11.83B	4.76B	57.04B	-20.92B
Supplemental Items
Cash Interest Paid	15.59B	13.66B	15.52B	13B	11.43B
Cash Income Tax Paid (Refund)	138M	-	-	-	-
Levered Free Cash Flow	-222B	15.31B	-11.52B	45.34B	2.91B
Unlevered Free Cash Flow	-212B	24.03B	-1.83B	52.81B	9.51B
Change In Net Working Capital	220B	-19.51B	4.77B	-23.43B	18.32B
Net Debt Issued / Repaid	-11.1B	-34.68B	-903M	-37.43B	-40.29B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.59	-0.05	-0.85	1.99	1.31
Return on Total Capital	0.68	-0.05	-0.88	2.08	1.41
Return On Equity %	4.06	1.85	3.09	10.63	5.71
Return on Common Equity	4.06	1.85	3.09	10.63	5.71
Margin Analysis
Gross Profit Margin %	15.63	9.48	5.14	21.1	16.49
SG&A Margin	10.79	9.87	11.22	8.75	9.17
EBITDA Margin %	13.22	9.38	4.33	21.79	15.73
EBITA Margin %	4.86	-0.36	-6.06	12.36	7.33
EBIT Margin %	4.84	-0.39	-6.08	12.36	7.33
Income From Continuing Operations Margin %	11.94	5.67	9.27	28.66	14.39
Net Income Margin %	11.94	5.67	9.27	28.66	14.39
Net Avail. For Common Margin %	11.94	5.67	9.27	28.66	14.39
Normalized Net Income Margin	7.32	1.49	4.79	11.66	9.39
Levered Free Cash Flow Margin	-119.96	8.54	-6.29	21.16	1.19
Unlevered Free Cash Flow Margin	-114.72	13.41	-1	24.65	3.9
Asset Turnover
Asset Turnover	0.19	0.22	0.22	0.26	0.29
Fixed Assets Turnover	0.36	0.34	0.36	0.43	0.5
Receivables Turnover (Average Receivables)	20.22	25.96	9.47	11.05	41.09
Inventory Turnover (Average Inventory)	5.06	5.1	8.93	8.11	4.36
Short Term Liquidity
Current Ratio	0.54	0.36	0.38	0.63	0.74
Quick Ratio	0.28	0.16	0.28	0.47	0.36
Operating Cash Flow to Current Liabilities	-1.5	0.04	-0.08	0.28	0.01
Days Sales Outstanding (Average Receivables)	18.05	14.06	38.56	33.11	8.88
Days Outstanding Inventory (Average Inventory)	72.11	71.51	40.87	45.11	83.7
Average Days Payable Outstanding	7.8	5.16	6.32	9.88	19.47
Cash Conversion Cycle (Average Days)	82.37	80.4	73.11	68.33	73.11
Long Term Solvency
Total Debt/Equity	49.49	43.42	42.95	33.11	25.37
Total Debt / Total Capital	33.11	30.28	30.04	24.87	20.24
LT Debt/Equity	25.87	21.43	16.36	10.73	7.2
Long-Term Debt / Total Capital	17.3	14.94	11.44	8.06	5.74
Total Liabilities / Total Assets	35	32.38	32.58	28.7	26.8
EBIT / Interest Expense	0.58	-0.05	-0.72	2.21	1.69
EBITDA / Interest Expense	1.58	1.2	0.51	3.91	3.64
(EBITDA - Capex) / Interest Expense	0.74	0.31	-0.08	3.29	3.27
Total Debt / EBITDA	11.16	14.16	29.87	4.28	4.15
Net Debt / EBITDA	10.13	13.38	27.61	2.67	2.74
Total Debt / (EBITDA - Capex)	23.89	55.77	-191.9	5.08	4.62
Net Debt / (EBITDA - Capex)	21.69	52.67	-177.35	3.17	3.05
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-1.91	-3.09	2.22	16.98	13.94
Gross Profit, 1 Yr. Growth %	203.73	-41.22	-44.58	380.2	-10.94
EBITDA, 1 Yr. Growth %	242.22	-31.24	-54.01	-540.24	-17.03
EBITA, 1 Yr. Growth %	-236.05	-107.27	1.51K	-337.75	-32.45
EBIT, 1 Yr. Growth %	-235.44	-107.71	1.51K	-337.75	-32.45
Earnings From Cont. Operations, 1 Yr. Growth %	146.06	-53.97	67.12	261.65	-42.79
Net Income, 1 Yr. Growth %	146.06	-53.97	67.12	261.65	-42.79
Normalized Net Income, 1 Yr. Growth %	99.1	-79.44	40.87	184.98	-8.25
Diluted EPS Before Extra, 1 Yr. Growth %	3.38K	12.37	172.82	828.18	-31.67
Accounts Receivable, 1 Yr. Growth %	-37.84	-3.1	369.67	-78.51	-26.68
Inventory, 1 Yr. Growth %	71.39	-36.74	-42	91.7	141.45
Net Property, Plant and Equip., 1 Yr. Growth %	1.74	-1.15	-1.19	-3.26	-2.02
Total Assets, 1 Yr. Growth %	-20.28	-4.38	1.02	3.3	1.47
Tangible Book Value, 1 Yr. Growth %	2.57	-0.52	0.73	9.27	4.16
Common Equity, 1 Yr. Growth %	2.56	-0.52	0.73	9.24	4.17
Cash From Operations, 1 Yr. Growth %	-4.6K	-102.77	-328.37	-437.14	-96.02
Capital Expenditures, 1 Yr. Growth %	-51.25	-3.75	-26.84	-19.51	-47.16
Levered Free Cash Flow, 1 Yr. Growth %	518.53	-106.9	-173.07	-250.82	-93.51
Unlevered Free Cash Flow, 1 Yr. Growth %	735.73	-111.33	-107.48	-359.19	-81.84
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	7	-2.5	-0.47	9.35	15.45
Gross Profit, 2 Yr. CAGR %	95.4	33.62	-42.92	63.13	106.8
EBITDA, 2 Yr. CAGR %	119.03	53.4	-43.01	64.48	90.26
EBITA, 2 Yr. CAGR %	17.75	-68.63	11.32	519.11	26.73
EBIT, 2 Yr. CAGR %	17.49	-67.68	11.52	519.11	26.73
Earnings From Cont. Operations, 2 Yr. CAGR %	68.99	6.42	-12.3	145.85	43.85
Net Income, 2 Yr. CAGR %	68.99	6.42	-12.3	145.85	43.85
Normalized Net Income, 2 Yr. CAGR %	32.74	-37.36	-17.77	100.36	61.7
Diluted EPS Before Extra, 2 Yr. CAGR %	68.99	300	37.1	214.13	130.44
Accounts Receivable, 2 Yr. CAGR %	113.88	-22.39	113.33	0.47	-60.31
Inventory, 2 Yr. CAGR %	-3.99	4.13	-39.42	5.45	115.14
Net Property, Plant and Equip., 2 Yr. CAGR %	0.53	0.29	-1.17	-2.23	-2.64
Total Assets, 2 Yr. CAGR %	-10.51	-12.69	-1.72	2.15	2.38
Tangible Book Value, 2 Yr. CAGR %	1.42	1.01	0.11	4.91	6.68
Common Equity, 2 Yr. CAGR %	1.41	1.01	0.1	4.9	6.68
Cash From Operations, 2 Yr. CAGR %	3.33	11.49	-74.87	177.47	-63.37
Capital Expenditures, 2 Yr. CAGR %	-29.45	-31.5	-16.08	-23.26	-34.79
Levered Free Cash Flow, 2 Yr. CAGR %	12.02	-34.66	-77.21	69.6	-68.87
Unlevered Free Cash Flow, 2 Yr. CAGR %	6.85	-2.69	-90.71	46.86	-31.68
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	1.23	3.53	-0.95	5.03	10.86
Gross Profit, 3 Yr. CAGR %	9.6	30.93	-0.35	16.09	33.33
EBITDA, 3 Yr. CAGR %	11.47	48.86	3.58	24.08	30.54
EBITA, 3 Yr. CAGR %	0.71	-53.54	18.84	43.53	195.84
EBIT, 3 Yr. CAGR %	0.56	-52.6	18.98	43.53	195.84
Earnings From Cont. Operations, 3 Yr. CAGR %	40.46	9.54	23.7	40.64	51.22
Net Income, 3 Yr. CAGR %	40.46	9.54	23.7	40.64	51.22
Normalized Net Income, 3 Yr. CAGR %	50.65	-29.71	8.88	24.44	54.44
Diluted EPS Before Extra, 3 Yr. CAGR %	352.01	9.51	199.12	89.44	78.06
Accounts Receivable, 3 Yr. CAGR %	-8.14	64.27	41.43	-0.74	-9.55
Inventory, 3 Yr. CAGR %	16.92	-16.46	-14.32	-11.06	38.98
Net Property, Plant and Equip., 3 Yr. CAGR %	-0.19	-0.03	-0.21	-1.87	-2.16
Total Assets, 3 Yr. CAGR %	0.29	-8.51	-8.34	-0.07	1.93
Tangible Book Value, 3 Yr. CAGR %	0.95	0.77	0.92	3.07	4.66
Common Equity, 3 Yr. CAGR %	0.94	0.76	0.91	3.06	4.65
Cash From Operations, 3 Yr. CAGR %	238.63	-69.09	41.59	-40.29	-32.59
Capital Expenditures, 3 Yr. CAGR %	-29.53	-21.75	-29.98	-17.24	-32.24
Levered Free Cash Flow, 3 Yr. CAGR %	80.43	-55.76	-31.52	-41.09	-43.03
Unlevered Free Cash Flow, 3 Yr. CAGR %	87.71	-49.43	-58.38	-37.09	-27.04
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	16.7	1.1	0.55	5.82	5.31
Gross Profit, 5 Yr. CAGR %	21	-8.87	-15.57	42.97	33.44
EBITDA, 5 Yr. CAGR %	29.47	-4.8	-14.77	55.75	39.98
EBITA, 5 Yr. CAGR %	39.8	-45.58	4.73	32.48	22.02
EBIT, 5 Yr. CAGR %	39.68	-44.92	4.81	32.48	22.02
Earnings From Cont. Operations, 5 Yr. CAGR %	18.82	3.48	16.34	51.36	31.39
Net Income, 5 Yr. CAGR %	18.82	3.48	16.34	51.36	31.39
Normalized Net Income, 5 Yr. CAGR %	29.05	-14.75	17.25	26.62	27.54
Diluted EPS Before Extra, 5 Yr. CAGR %	46.9	84.98	134.58	51.36	123.19
Accounts Receivable, 5 Yr. CAGR %	67.58	-3.55	28.68	34.94	-14.92
Inventory, 5 Yr. CAGR %	45.51	16.18	-10.12	-8.3	23.82
Net Property, Plant and Equip., 5 Yr. CAGR %	1.39	0.3	-0.58	-0.92	-1.19
Total Assets, 5 Yr. CAGR %	2.28	0.16	-0.52	-4.39	-4.19
Tangible Book Value, 5 Yr. CAGR %	0.64	0.46	0.61	2.41	3.19
Common Equity, 5 Yr. CAGR %	0.63	0.45	0.6	2.4	3.18
Cash From Operations, 5 Yr. CAGR %	276.96	42.57	19.65	-25.64	-17.56
Capital Expenditures, 5 Yr. CAGR %	-20.12	-15.59	-24.43	-22.36	-31.94
Levered Free Cash Flow, 5 Yr. CAGR %	42.51	-9.04	-21.14	-23.83	-39.47
Unlevered Free Cash Flow, 5 Yr. CAGR %	41.9	2.54	-43.6	-22.24	-17.82