Income Statement KOSY

Stocks

KOS

VN000000KOS6

Real Estate Development & Operations

End-of-day quote Ho Chi Minh S.E. Other stock markets 2026-07-13			5-day change	1st Jan Change
38,050.00 ^VND	0.00%		+3.68%	-1.30%

04-28	KOSY Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI
03-29	KOSY Joint Stock Company Reports Earnings Results for the Full Year Ended December 31, 2025	CI

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Published financial data: KOSY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1,107B	1,343B	1,316B	1,439B	1,555B
Total Revenues	1,107B	1,343B	1,316B	1,439B	1,555B
Cost of Goods Sold, Total	1,056B	1,197B	1,170B	1,272B	1,382B
Gross Profit	50.51B	147B	146B	167B	174B
Selling General & Admin Expenses, Total	29.17B	45.01B	41.53B	42.32B	38.94B
Other Operating Expenses, Total	29.17B	45.01B	41.53B	42.32B	38.94B
Operating Income	21.34B	102B	104B	125B	135B
Interest Expense, Total	-25.84B	-98.67B	-123B	-94.51B	-99.52B
Interest And Investment Income	962M	10.79B	9.77B	9.73B	9.11B
Net Interest Expenses	-24.88B	-87.88B	-113B	-84.78B	-90.41B
Currency Exchange Gains (Loss)	80.86M	-	1.03M	537K	281K
Other Non Operating Income (Expenses)	-12.8B	-6.02B	-292M	-8.55B	-14.42B
EBT, Excl. Unusual Items	-16.25B	7.75B	-9.07B	31.63B	29.99B
Gain (Loss) On Sale Of Investments	46.49B	24.63B	40.6B	-	-
Gain (Loss) On Sale Of Assets	138M	10.96M	-	-	-
EBT, Incl. Unusual Items	30.37B	32.38B	31.53B	31.63B	29.99B
Income Tax Expense	7.82B	10.55B	10.39B	9.89B	10.92B
Earnings From Continuing Operations	22.55B	21.83B	21.14B	21.74B	19.07B
Net Income to Company	22.55B	21.83B	21.14B	21.74B	19.07B
Minority Interest	-5.61M	-111M	-75.19M	-305M	-121M
Net Income - (IS)	22.55B	21.72B	21.06B	21.43B	18.95B
Net Income to Common Incl Extra Items	22.55B	21.72B	21.06B	21.43B	18.95B
Net Income to Common Excl. Extra Items	22.55B	21.72B	21.06B	21.43B	18.95B
Per Share Items
Net EPS - Basic	137.48	100.33	97.3	99.01	87.52
Basic EPS - Continuing Operations	137.48	100.33	97.3	99.01	87.52
Basic Weighted Average Shares Outstanding	164M	216M	216M	216M	216M
Net EPS - Diluted	85.88	79.51	97.3	99.01	87.52
Diluted EPS - Continuing Operations	85.88	79.51	97.3	99.01	87.52
Diluted Weighted Average Shares Outstanding	263M	273M	216M	216M	216M
Normalized Basic EPS	-61.97	21.85	-26.53	89.9	86.01
Normalized Diluted EPS	-38.71	17.32	-26.53	89.9	86.01
Dividend Per Share	-	-	-	-	-
Supplemental Items
EBITDA	28.33B	153B	176B	198B	204B
EBITA	21.34B	102B	104B	125B	152B
EBIT	21.34B	102B	104B	125B	135B
Total Revenues (As Reported)	1,107B	1,343B	1,316B	1,439B	1,555B
Effective Tax Rate - (Ratio)	25.74	32.59	32.95	31.26	36.41
Total Current Taxes	7.82B	10.55B	10.39B	9.89B	10.92B
Normalized Net Income	-10.16B	4.73B	-5.74B	19.46B	18.62B
Supplemental Operating Expense Items
Selling and Marketing Expenses	4.03B	2.57B	5.85B	8.8B	4.54B
General and Administrative Expenses	25.14B	42.44B	35.68B	33.52B	34.4B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	15.77B	45.75B	3.6B	41.75B	1.43B
Short Term Investments	11.04B	11.28B	15.26B	22.66B	23.39B
Total Cash And Short Term Investments	26.82B	57.04B	18.85B	64.41B	24.82B
Accounts Receivable, Total	346B	301B	205B	249B	158B
Other Receivables	129B	153B	140B	120B	119B
Notes Receivable	4.85B	3.83B	15.55B	3.85B	12.85B
Total Receivables	479B	459B	360B	372B	289B
Inventory	1,304B	2,288B	2,474B	2,547B	2,583B
Prepaid Expenses	9.88B	10.69B	10.53B	2.72B	2.07B
Other Current Assets, Total	634B	526B	422B	339B	467B
Total Current Assets	2,454B	3,340B	3,285B	3,325B	3,366B
Gross Property Plant And Equipment	1,039B	1,182B	1,220B	1,244B	1,254B
Accumulated Depreciation	-19.46B	-69.85B	-124B	-180B	-230B
Net Property Plant And Equipment	1,020B	1,112B	1,096B	1,064B	1,024B
Long-term Investments	230B	229B	229B	340B	341B
Goodwill	170B	153B	136B	119B	101B
Other Long-Term Assets, Total	1.44B	838M	6.64B	3.26B	34.16B
Total Assets	3,875B	4,836B	4,753B	4,851B	4,866B
Liabilities
Accounts Payable, Total	219B	135B	136B	145B	133B
Accrued Expenses, Total	25.09B	281B	221B	157B	107B
Short-term Borrowings	229B	493B	516B	541B	578B
Current Portion of Long-Term Debt	217B	235B	246B	361B	464B
Current Income Taxes Payable	5.91B	7.81B	10.39B	-	11.31B
Other Current Liabilities	142B	139B	130B	149B	201B
Total Current Liabilities	838B	1,291B	1,259B	1,352B	1,495B
Long-Term Debt	774B	1,252B	1,168B	1,162B	1,017B
Unearned Revenue Non Current	-	7.16B	18.89B	18.17B	17.44B
Total Liabilities	1,611B	2,550B	2,447B	2,533B	2,529B
Common Stock, Total	2,165B	2,165B	2,165B	2,165B	2,165B
Retained Earnings	91.72B	113B	134B	146B	165B
Total Common Equity	2,257B	2,278B	2,299B	2,311B	2,330B
Minority Interest	7.01B	7.12B	7.2B	7.4B	7.52B
Total Equity	2,264B	2,285B	2,306B	2,319B	2,338B
Total Liabilities And Equity	3,875B	4,836B	4,753B	4,851B	4,866B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	216M	216M	216M	216M	216M
ECS Total Common Shares Outstanding	216M	216M	216M	216M	216M
Book Value / Share	10.42K	10.52K	10.62K	10.68K	10.76K
Tangible Book Value	2,087B	2,125B	2,163B	2,193B	2,229B
Tangible Book Value Per Share	9.64K	9.82K	9.99K	10.13K	10.3K
Total Debt	1,219B	1,980B	1,930B	2,064B	2,059B
Net Debt	1,192B	1,923B	1,912B	1,999B	2,034B
Minority Interest, Total (Incl. Fin. Div)	7.01B	7.12B	7.2B	7.4B	7.52B
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	8
Inventories - Work In Process, Total	1,304B	2,288B	2,474B	2,547B	2,583B
Inventories - Finished Goods, Total	-	-	-	-	-
Buildings, Total	466B	840B	861B	886B	886B
Machinery, Total	183B	341B	358B	357B	358B
Full Time Employees	124	112	88	84	84
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	22.55B	21.72B	21.06B	21.43B	18.95B
Depreciation & Amortization - CF	6.99B	51.03B	71.51B	73.06B	52.32B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	17.14B
Depreciation & Amortization, Total	6.99B	51.03B	71.51B	73.06B	69.46B
(Gain) Loss From Sale Of Asset	-	-35.43B	-50.36B	-9.73B	-9.2B
(Gain) Loss on Sale of Investments - (CF)	-46.56B	-	-	-	-
Other Operating Activities, Total	-9.87B	303M	4.04B	-13.15B	-7.98B
Change In Accounts Receivable	-103B	180B	242B	67.76B	-36.5B
Change In Inventories	-264B	-984B	-186B	-73.12B	-35.69B
Change In Accounts Payable	104B	215B	-62.86B	-43.3B	9.09B
Change in Other Net Operating Assets	2.71B	-220M	-5.64B	11.18B	-30.25B
Cash from Operations	-287B	-551B	34.28B	34.13B	-22.14B
Capital Expenditure	-161B	-182B	-11.64B	-23.64B	-12.66B
Sale of Property, Plant, and Equipment	545M	260M	-	-	90.91M
Investment in Marketable and Equity Securities, Total	77.92B	-	-	-111B	-
Net (Increase) Decrease in Loans Originated / Sold - Investing	-6.96B	1.17B	-15.69B	4.29B	-9.32B
Other Investing Activities, Total	663M	362M	636M	1.03B	8.71B
Cash from Investing	-89.21B	-180B	-26.7B	-129B	-13.18B
Long-Term Debt Issued, Total	415B	1,653B	1,108B	1,337B	1,354B
Total Debt Issued	415B	1,653B	1,108B	1,337B	1,354B
Long-Term Debt Repaid, Total	-604B	-892B	-1,158B	-1,204B	-1,359B
Total Debt Repaid	-604B	-892B	-1,158B	-1,204B	-1,359B
Issuance of Common Stock	561B	-	-	-	-
Cash from Financing	372B	761B	-49.73B	133B	-5.01B
Foreign Exchange Rate Adjustments	-	-	1.03M	537K	281K
Net Change in Cash	-3.99B	29.98B	-42.16B	38.15B	-40.32B
Supplemental Items
Cash Interest Paid	30.13B	97.54B	121B	109B	98.96B
Cash Income Tax Paid (Refund)	12.38B	11.49B	7.81B	7.89B	19.58B
Levered Free Cash Flow	-589B	-814B	-680M	17.85B	309M
Unlevered Free Cash Flow	-573B	-752B	76.1B	76.92B	62.51B
Change In Net Working Capital	431B	685B	48.96B	50.6B	78.55B
Net Debt Issued / Repaid	-189B	761B	-49.73B	133B	-5.01B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	0.44	1.46	1.36	1.63	1.73
Return on Total Capital	0.49	1.64	1.53	1.81	1.92
Return On Equity %	1.32	0.96	0.92	0.94	0.82
Return on Common Equity	1.32	0.96	0.92	0.93	0.82
Margin Analysis
Gross Profit Margin %	4.56	10.92	11.08	11.62	11.17
SG&A Margin	2.64	3.35	3.16	2.94	2.5
EBITDA Margin %	2.56	11.36	13.36	13.76	13.13
EBITA Margin %	1.93	7.57	7.93	8.68	9.77
EBIT Margin %	1.93	7.57	7.93	8.68	8.67
Income From Continuing Operations Margin %	2.04	1.62	1.61	1.51	1.23
Net Income Margin %	2.04	1.62	1.6	1.49	1.22
Net Avail. For Common Margin %	2.04	1.62	1.6	1.49	1.22
Normalized Net Income Margin	-0.92	0.35	-0.44	1.35	1.2
Levered Free Cash Flow Margin	-53.2	-60.58	-0.05	1.24	0.02
Unlevered Free Cash Flow Margin	-51.74	-55.99	5.78	5.35	4.02
Asset Turnover
Asset Turnover	0.36	0.31	0.27	0.3	0.32
Fixed Assets Turnover	2.12	1.26	1.19	1.33	1.49
Receivables Turnover (Average Receivables)	3.28	4.15	5.2	6.35	7.64
Inventory Turnover (Average Inventory)	0.9	0.67	0.49	0.51	0.54
Short Term Liquidity
Current Ratio	2.93	2.59	2.61	2.46	2.25
Quick Ratio	0.6	0.4	0.29	0.32	0.2
Operating Cash Flow to Current Liabilities	-0.34	-0.43	0.03	0.03	-0.01
Days Sales Outstanding (Average Receivables)	111.28	87.96	70.19	57.68	47.75
Days Outstanding Inventory (Average Inventory)	405.06	547.76	742.77	722.51	677.6
Average Days Payable Outstanding	48.75	29.71	36.56	38.19	35.8
Cash Conversion Cycle (Average Days)	467.6	606.01	776.41	741.99	689.55
Long Term Solvency
Total Debt/Equity	53.86	86.65	83.7	89.01	88.07
Total Debt / Total Capital	35.01	46.42	45.56	47.09	46.83
LT Debt/Equity	34.17	54.78	50.66	50.12	43.49
Long-Term Debt / Total Capital	22.21	29.35	27.58	26.52	23.12
Total Liabilities / Total Assets	41.58	52.74	51.48	52.21	51.96
EBIT / Interest Expense	0.83	1.03	0.85	1.32	1.35
EBITDA / Interest Expense	1.1	1.55	1.43	2.1	2.05
(EBITDA - Capex) / Interest Expense	-5.15	-0.29	1.34	1.85	1.93
Total Debt / EBITDA	43.03	12.97	10.98	10.42	10.08
Net Debt / EBITDA	42.09	12.6	10.87	10.1	9.96
Total Debt / (EBITDA - Capex)	-9.16	-68.25	11.76	11.83	10.74
Net Debt / (EBITDA - Capex)	-8.96	-66.28	11.64	11.47	10.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-15.44	21.41	-2.06	9.36	8.09
Gross Profit, 1 Yr. Growth %	-35.47	190.37	-0.56	14.7	3.87
EBITDA, 1 Yr. Growth %	-35.79	438.87	15.16	12.63	3.16
EBITA, 1 Yr. Growth %	-44.29	376.34	2.62	19.8	21.6
EBIT, 1 Yr. Growth %	-44.29	376.34	2.62	19.8	7.89
Earnings From Cont. Operations, 1 Yr. Growth %	2.93	-3.21	-3.17	58.29	-12.29
Net Income, 1 Yr. Growth %	2.91	-3.68	-3.02	55.81	-11.61
Normalized Net Income, 1 Yr. Growth %	150.34	-146.32	-221.42	-444.76	-4.32
Diluted EPS Before Extra, 1 Yr. Growth %	-57.3	-7.42	22.37	55.81	-11.61
Accounts Receivable, 1 Yr. Growth %	5.26	-12.87	-32.13	21.63	-36.5
Inventory, 1 Yr. Growth %	25.41	75.46	8.12	2.96	1.4
Net Property, Plant and Equip., 1 Yr. Growth %	4.29K	9.09	-1.47	-2.95	-3.73
Total Assets, 1 Yr. Growth %	76.25	24.79	-1.71	2.07	0.31
Tangible Book Value, 1 Yr. Growth %	80.08	1.86	1.8	1.79	1.65
Common Equity, 1 Yr. Growth %	94.75	0.96	0.92	0.94	0.82
Cash From Operations, 1 Yr. Growth %	-17.42	92.1	-106.22	-0.42	-164.85
Capital Expenditures, 1 Yr. Growth %	6.19K	12.58	-93.59	103.01	-46.46
Levered Free Cash Flow, 1 Yr. Growth %	76.26	38.25	-99.92	103.11	-98.27
Unlevered Free Cash Flow, 1 Yr. Growth %	81.03	31.38	-110.12	-10.11	-18.74
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	2.04	1.32	9.05	3.49	8.72
Gross Profit, 2 Yr. CAGR %	-21.05	36.89	69.92	6.8	9.15
EBITDA, 2 Yr. CAGR %	-19.26	86.01	149.11	13.89	7.79
EBITA, 2 Yr. CAGR %	-26.26	62.9	121.09	10.88	20.7
EBIT, 2 Yr. CAGR %	-26.26	62.9	121.09	10.88	13.69
Earnings From Cont. Operations, 2 Yr. CAGR %	6.03	-0.19	-3.19	-0.21	17.83
Net Income, 2 Yr. CAGR %	6.01	-0.44	-3.35	-0.66	17.36
Normalized Net Income, 2 Yr. CAGR %	-20.73	7.94	-25	102.84	81.62
Diluted EPS Before Extra, 2 Yr. CAGR %	-31.71	-37.13	6.44	11.59	17.36
Accounts Receivable, 2 Yr. CAGR %	5.67	-4.24	-23.1	-9.14	-12.12
Inventory, 2 Yr. CAGR %	28.54	48.34	37.73	5.5	2.18
Net Property, Plant and Equip., 2 Yr. CAGR %	520.21	591.7	3.68	-2.21	-3.34
Total Assets, 2 Yr. CAGR %	42.48	48.31	10.75	0.16	1.19
Tangible Book Value, 2 Yr. CAGR %	35.48	35.43	1.83	1.57	1.72
Common Equity, 2 Yr. CAGR %	40.89	40.22	0.94	0.72	0.88
Cash From Operations, 2 Yr. CAGR %	20.52	25.95	-65.43	-75.11	-19.64
Capital Expenditures, 2 Yr. CAGR %	213.14	741.6	-73.14	-63.93	4.26
Levered Free Cash Flow, 2 Yr. CAGR %	64.78	56.11	-96.6	-85.19	-81.26
Unlevered Free Cash Flow, 2 Yr. CAGR %	65.51	54.22	-63.54	-68.02	-14.53
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.13	8.12	0.18	9.15	5
Gross Profit, 3 Yr. CAGR %	-16.21	21.87	23.05	49.06	5.81
EBITDA, 3 Yr. CAGR %	-25.49	52.02	58.53	91.2	10.19
EBITA, 3 Yr. CAGR %	-31.52	37.33	39.64	80.25	14.34
EBIT, 3 Yr. CAGR %	-31.52	37.33	39.64	80.25	9.87
Earnings From Cont. Operations, 3 Yr. CAGR %	-20.6	2.85	-1.19	-1.22	-4.41
Net Income, 3 Yr. CAGR %	-20.61	2.68	-1.31	-1.67	-4.45
Normalized Net Income, 3 Yr. CAGR %	-34.52	-33.62	12.26	23.99	57.9
Diluted EPS Before Extra, 3 Yr. CAGR %	-48.33	-24.42	-21.5	4.86	3.25
Accounts Receivable, 3 Yr. CAGR %	8.61	-0.91	-14.62	-10.4	-19.37
Inventory, 3 Yr. CAGR %	40.03	42.59	33.49	25	4.12
Net Property, Plant and Equip., 3 Yr. CAGR %	315	247.5	261.25	1.42	-2.72
Total Assets, 3 Yr. CAGR %	31.32	36.32	29.3	7.78	0.21
Tangible Book Value, 3 Yr. CAGR %	23.17	23.19	23.14	1.67	1.6
Common Equity, 3 Yr. CAGR %	26.43	26.08	25.66	0.8	0.76
Cash From Operations, 3 Yr. CAGR %	-18.63	40.78	-53.79	-50.82	-65.75
Capital Expenditures, 3 Yr. CAGR %	155.81	122.66	65.58	-47.29	-58.85
Levered Free Cash Flow, 3 Yr. CAGR %	2.32	55.41	-87.32	-68.82	-92.76
Unlevered Free Cash Flow, 3 Yr. CAGR %	1.63	53.25	-37.8	-48.78	-56.36
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	49.02	26.93	7.89	6.25	3.51
Gross Profit, 5 Yr. CAGR %	21.4	28.62	11.18	15.6	17.29
EBITDA, 5 Yr. CAGR %	10.94	38.88	20.75	35.43	35.86
EBITA, 5 Yr. CAGR %	5.4	28.9	9.43	26.07	31.73
EBIT, 5 Yr. CAGR %	5.4	28.9	9.43	26.07	28.62
Earnings From Cont. Operations, 5 Yr. CAGR %	1.89	-3.82	-14.05	1.62	-2.74
Net Income, 5 Yr. CAGR %	1.89	-3.91	-14.11	1.33	-2.87
Normalized Net Income, 5 Yr. CAGR %	-7.89	-22.03	-30.81	3.77	35.61
Diluted EPS Before Extra, 5 Yr. CAGR %	-36.36	-33.56	-31.01	-11.67	-15.33
Accounts Receivable, 5 Yr. CAGR %	37.93	15.26	-5.4	-4.29	-13.63
Inventory, 5 Yr. CAGR %	63.68	64.17	39.11	26.4	19.95
Net Property, Plant and Equip., 5 Yr. CAGR %	217.29	178.41	138.29	109.26	113.2
Total Assets, 5 Yr. CAGR %	49.44	45.28	22.67	20.51	17.22
Tangible Book Value, 5 Yr. CAGR %	38.62	36.46	14.14	14.04	13.98
Common Equity, 5 Yr. CAGR %	40.81	38.37	15.54	15.25	15
Cash From Operations, 5 Yr. CAGR %	15.5	41.24	-42.23	-29.61	-42.34
Capital Expenditures, 5 Yr. CAGR %	116.9	109.81	3.85	7.51	37.61
Levered Free Cash Flow, 5 Yr. CAGR %	-	51.88	-73.79	-39.31	-75.28
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	50.01	-32.56	-18.12	-27.69