Income Statement MBG Group

Stocks

MBG

VN000000MBG4

Consumer Goods Conglomerates

End-of-day quote HANOI S.E. 2026-09-16			5-day change	1st Jan Change
2,300.00 ^VND	+4.55%		0.00%	-25.81%

07-30	MBG Group Joint Stock Company Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
05-11	MBG Group Joint Stock Company Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

6a9.4lI2wFUoatHOE1rtpMGEefPZh3pMOSr2jix3xRRCUQ4.kSJ0oT8ZAaOIdAih1YrdVLaoxCMtdkCpzG0HgU4xJDqkHU-oIVITnpRaKQ

Published financial data: MBG GROUP

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2014 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Revenues	154B	508B	311B	526B
Total Revenues	154B	508B	311B	526B
Cost of Goods Sold, Total	144B	537B	269B	492B
Gross Profit	9.6B	-28.75B	42.67B	34.08B
Selling General & Admin Expenses, Total	3.54B	24.21B	9.89B	12.14B
Depreciation & Amortization - (IS)	56.23M	-	-	-
Other Operating Expenses	11.26M	-	-	-
Other Operating Expenses, Total	3.61B	24.21B	9.89B	12.14B
Operating Income	5.99B	-52.96B	32.79B	21.93B
Interest Expense, Total	-441M	-2.84B	-3.77B	-5.54B
Interest And Investment Income	2.03M	6.12B	1.26B	1.24B
Net Interest Expenses	-439M	3.28B	-2.51B	-4.3B
Income (Loss) On Equity Invest.	-	-6.65B	-721M	2.62B
Other Non Operating Income (Expenses)	-63.57M	444M	57.09M	576M
EBT, Excl. Unusual Items	5.49B	-55.88B	29.61B	20.83B
Gain (Loss) On Sale Of Investments	-	-183M	-	-
Gain (Loss) On Sale Of Assets	0	-	-	-
EBT, Incl. Unusual Items	5.49B	-56.07B	29.61B	20.83B
Income Tax Expense	1.15B	1.37M	2.22B	559M
Earnings From Continuing Operations	4.34B	-56.07B	27.39B	20.27B
Net Income to Company	4.34B	-56.07B	27.39B	20.27B
Minority Interest	-	-1.08M	-663K	-35.94M
Net Income - (IS)	4.34B	-56.07B	27.39B	20.23B
Net Income to Common Incl Extra Items	4.34B	-56.07B	27.39B	20.23B
Net Income to Common Excl. Extra Items	4.34B	-56.07B	27.39B	20.23B
Per Share Items
Net EPS - Basic	394.22	-466.4	227.82	168.29
Basic EPS - Continuing Operations	394.22	-466.4	227.82	168.29
Basic Weighted Average Shares Outstanding	11.01M	120M	120M	120M
Net EPS - Diluted	394.22	-466.4	227.82	168.29
Diluted EPS - Continuing Operations	394.22	-466.4	227.82	168.29
Diluted Weighted Average Shares Outstanding	11.01M	120M	120M	120M
Normalized Basic EPS	311.43	-290.54	153.93	107.98
Normalized Diluted EPS	311.43	-290.54	153.93	107.98
Dividend Per Share	363.2	-	-	-
Supplemental Items
EBITDA	6.13B	-39.21B	45.68B	41.48B
EBITA	5.99B	-52.96B	32.79B	27.38B
EBIT	5.99B	-52.96B	32.79B	21.93B
Total Revenues (As Reported)	154B	508B	311B	526B
Effective Tax Rate - (Ratio)	20.88	-0	7.5	2.68
Total Current Taxes	-	1.37M	655M	801M
Total Deferred Taxes	-	-	1.57B	-242M
Normalized Net Income	3.43B	-34.93B	18.51B	12.98B
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	1.38B	112M	110M
General and Administrative Expenses	749M	22.82B	9.78B	12.03B

Fiscal Period: December	2014 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Assets
Cash And Equivalents	4.64B	73.98B	93.79B	37.45B
Short Term Investments	6.01B	-	-	-
Total Cash And Short Term Investments	10.65B	73.98B	93.79B	37.45B
Accounts Receivable, Total	56.29B	384B	319B	452B
Other Receivables	47.18K	257M	740M	606M
Notes Receivable	-	5.6B	6B	6.8B
Total Receivables	56.29B	390B	325B	460B
Inventory	18.09B	280B	413B	389B
Prepaid Expenses	215M	1.85M	58.02M	397M
Other Current Assets, Total	17.16B	219B	129B	85.42B
Total Current Assets	102B	963B	962B	972B
Gross Property Plant And Equipment	6.43B	93.13B	128B	104B
Accumulated Depreciation	-85.41M	-51.81B	-63.73B	-76.26B
Net Property Plant And Equipment	6.35B	41.33B	63.81B	27.91B
Long-term Investments	-	253B	252B	357B
Goodwill	-	-	54.46B	49.01B
Other Intangibles, Total	-	134M	80.71M	27.29M
Other Long-Term Assets, Total	2B	51.11B	46.86B	45.2B
Total Assets	111B	1,309B	1,379B	1,451B
Liabilities
Accounts Payable, Total	21.06B	6.89B	7.73B	16.21B
Accrued Expenses, Total	44.41M	3.34B	2.85B	3.22B
Short-term Borrowings	4B	35B	76.01B	118B
Current Income Taxes Payable	1.1B	43.65M	206M	474M
Unearned Revenue Current, Total	-	300M	300M	300M
Other Current Liabilities	15.84M	1.32B	415M	417M
Total Current Liabilities	26.22B	46.9B	87.51B	139B
Long-Term Debt	177M	-	-	-
Deferred Tax Liability Non Current	-	-	1.57B	1.32B
Other Non Current Liabilities	-	400M	400M	400M
Total Liabilities	26.39B	47.3B	89.47B	140B
Common Stock, Total	80B	1,202B	1,202B	1,202B
Retained Earnings	4.35B	57.69B	85.08B	105B
Comprehensive Income and Other	-	-238M	-238M	-238M
Total Common Equity	84.35B	1,260B	1,287B	1,307B
Minority Interest	-	1.91B	2.62B	3.05B
Total Equity	84.35B	1,262B	1,290B	1,310B
Total Liabilities And Equity	111B	1,309B	1,379B	1,451B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	11.01M	120M	120M	120M
ECS Total Common Shares Outstanding	11.01M	-	120M	120M
Book Value / Share	7.66K	10.48K	10.71K	10.87K
Tangible Book Value	84.35B	1,260B	1,232B	1,258B
Tangible Book Value Per Share	7.66K	10.48K	10.25K	10.47K
Total Debt	4.18B	35B	76.01B	118B
Net Debt	-6.47B	-38.98B	-17.79B	80.64B
Minority Interest, Total (Incl. Fin. Div)	-	1.91B	2.62B	3.05B
Equity Method Investments, Total	-	253B	252B	357B
Account Code - Inventory Valuation	6	-	6	6
Inventories - Raw Materials, Total	7.32B	22.58B	27.02B	11.9B
Inventories - Work In Process, Total	4B	8.19B	16.74B	15.28B
Inventories - Finished Goods, Total	6.77B	172B	258B	234B
Inventories - Others	-	134B	112B	127B
Buildings, Total	-	25.29B	29.01B	29.5B
Machinery, Total	6.43B	64.9B	69.14B	70.88B
Full Time Employees	-	-	31	26
Accumulated Allowance for Doubtful Accounts (Supple)	-	13.34B	12.85B	12.44B

Fiscal Period: December	2014 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Net Income	4.34B	-56.07B	27.39B	20.23B
Depreciation & Amortization - CF	139M	13.74B	12.89B	14.1B
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	5.45B
Depreciation & Amortization, Total	139M	13.74B	12.89B	19.55B
Amortization of Deferred Charges, Total - (CF)	-	-	53.42M	53.42M
(Gain) Loss From Sale Of Asset	-	716M	-542M	-3.08B
Other Operating Activities, Total	1.09B	44.43B	-55.4B	-22.56M
Change In Accounts Receivable	-54.3B	-8.12B	159B	-90.67B
Change In Inventories	-4.02B	-6.27B	-75.69B	50.57B
Change In Accounts Payable	12.95B	-89.1B	-4.96B	8.71B
Change in Other Net Operating Assets	-1.85B	1.96B	3.09B	-318M
Cash from Operations	-41.65B	-98.72B	65.7B	5.02B
Capital Expenditure	-6.37B	-6.33B	-1.24B	-2.69B
Sale of Property, Plant, and Equipment	18.55M	-	-	-
Investment in Marketable and Equity Securities, Total	-	16B	-86.8B	-102B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	102B	-50M	300M
Other Investing Activities, Total	-6.01B	10.09B	1.19B	542M
Cash from Investing	-12.36B	122B	-86.89B	-104B
Short Term Debt Issued, Total	-	70B	161B	212B
Long-Term Debt Issued, Total	4.2B	-	-	-
Total Debt Issued	4.2B	70B	161B	212B
Short Term Debt Repaid, Total	-	-91.14B	-120B	-170B
Long-Term Debt Repaid, Total	-4.03B	-	-	-
Total Debt Repaid	-4.03B	-91.14B	-120B	-170B
Issuance of Common Stock	57.8B	-	-	400M
Cash from Financing	57.97B	-21.14B	41.01B	42.48B
Net Change in Cash	3.96B	1.92B	19.81B	-56.35B
Supplemental Items
Cash Interest Paid	441M	2.89B	3.74B	5.49B
Cash Income Tax Paid (Refund)	54.62M	23.23B	840M	251M
Levered Free Cash Flow	-47.2B	-48.67B	50.89B	-30.13B
Unlevered Free Cash Flow	-46.93B	-46.9B	53.25B	-26.67B
Change In Net Working Capital	44.44B	21.21B	-21.05B	57.29B
Net Debt Issued / Repaid	166M	-21.14B	41.01B	42.08B

Fiscal Period: December	2014 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Profitability
Return on Assets	5.16	-2.39	1.52	0.97
Return on Total Capital	6.52	-2.48	1.54	0.98
Return On Equity %	8.14	-4.35	2.15	1.56
Return on Common Equity	8.14	-4.35	2.15	1.56
Margin Analysis
Gross Profit Margin %	6.24	-5.65	13.71	6.48
SG&A Margin	2.3	4.76	3.18	2.31
EBITDA Margin %	3.98	-7.71	14.68	7.89
EBITA Margin %	3.89	-10.42	10.54	5.21
EBIT Margin %	3.89	-10.42	10.54	4.17
Income From Continuing Operations Margin %	2.82	-11.03	8.8	3.86
Net Income Margin %	2.82	-11.03	8.8	3.85
Net Avail. For Common Margin %	2.82	-11.03	8.8	3.85
Normalized Net Income Margin	2.23	-6.87	5.95	2.47
Levered Free Cash Flow Margin	-30.67	-9.57	16.35	-5.73
Unlevered Free Cash Flow Margin	-30.49	-9.22	17.11	-5.07
Asset Turnover
Asset Turnover	2.12	0.37	0.23	0.37
Fixed Assets Turnover	47.25	10.49	5.92	11.46
Receivables Turnover (Average Receivables)	4.3	1.3	0.89	1.36
Inventory Turnover (Average Inventory)	8.97	1.76	0.77	1.23
Short Term Liquidity
Current Ratio	3.91	20.54	10.99	7.01
Quick Ratio	2.55	9.78	4.72	3.53
Operating Cash Flow to Current Liabilities	-1.59	-2.1	0.75	0.04
Days Sales Outstanding (Average Receivables)	84.83	280.05	413.33	267.6
Days Outstanding Inventory (Average Inventory)	40.67	207.58	472.76	297.71
Average Days Payable Outstanding	35.88	13.72	6.67	9.35
Cash Conversion Cycle (Average Days)	89.63	473.91	879.42	555.96
Long Term Solvency
Total Debt/Equity	4.95	2.77	5.89	9.01
Total Debt / Total Capital	4.72	2.7	5.57	8.27
LT Debt/Equity	0.21	-	-	-
Long-Term Debt / Total Capital	0.2	-	-	-
Total Liabilities / Total Assets	23.83	3.61	6.49	9.68
EBIT / Interest Expense	13.58	-18.65	8.69	3.96
EBITDA / Interest Expense	13.9	-13.81	12.1	7.49
(EBITDA - Capex) / Interest Expense	-0.54	-16.04	11.77	7
Total Debt / EBITDA	0.68	-0.89	1.66	2.85
Net Debt / EBITDA	-1.06	0.99	-0.39	1.94
Total Debt / (EBITDA - Capex)	-17.51	-0.77	1.71	3.04
Net Debt / (EBITDA - Capex)	27.11	0.86	-0.4	2.08
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	789.24	-58.29	-38.8	68.93
Gross Profit, 1 Yr. Growth %	460.12	-122.58	-248.44	-20.15
EBITDA, 1 Yr. Growth %	688.7	-131.12	-216.49	-9.29
EBITA, 1 Yr. Growth %	1.17K	-145.96	-161.91	-16.5
EBIT, 1 Yr. Growth %	1.17K	-145.96	-161.91	-33.11
Earnings From Cont. Operations, 1 Yr. Growth %	218K	-155.83	-148.85	-26
Net Income, 1 Yr. Growth %	218K	-155.83	-148.85	-26.13
Normalized Net Income, 1 Yr. Growth %	207K	-144.48	-152.98	-29.86
Diluted EPS Before Extra, 1 Yr. Growth %	60.49K	-145.77	-148.85	-26.13
Accounts Receivable, 1 Yr. Growth %	269	-2.94	-17.1	41.96
Inventory, 1 Yr. Growth %	28.59	-15.15	47.32	-5.91
Net Property, Plant and Equip., 1 Yr. Growth %	3.68K	-25.67	54.39	-56.26
Total Assets, 1 Yr. Growth %	222	-10.07	5.37	5.19
Tangible Book Value, 1 Yr. Growth %	279.01	-4.33	-2.14	2.09
Common Equity, 1 Yr. Growth %	279.01	-4.33	2.17	1.57
Cash From Operations, 1 Yr. Growth %	214.43	-71.65	-166.55	-92.35
Capital Expenditures, 1 Yr. Growth %	9.38K	365.28	-80.47	117.85
Levered Free Cash Flow, 1 Yr. Growth %	-	-87.1	-204.55	-159.22
Unlevered Free Cash Flow, 1 Yr. Growth %	-	-87.53	-213.53	-150.09
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	-24.14	-49.47	1.68
Gross Profit, 2 Yr. CAGR %	-	-46.61	-42.1	8.87
EBITDA, 2 Yr. CAGR %	-	-	-39.79	2.85
EBITA, 2 Yr. CAGR %	-	-25.11	-46.66	-28.1
EBIT, 2 Yr. CAGR %	-	-25.11	-46.66	-35.65
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-17.32	-47.78	-39.88
Net Income, 2 Yr. CAGR %	-	-17.32	-47.78	-39.93
Normalized Net Income, 2 Yr. CAGR %	-	-26.24	-51.46	-39.04
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-33.66	-52.72	-39.93
Accounts Receivable, 2 Yr. CAGR %	-	62.93	-10.3	8.48
Inventory, 2 Yr. CAGR %	-	20.88	11.81	17.73
Net Property, Plant and Equip., 2 Yr. CAGR %	-	-20.38	7.13	-17.82
Total Assets, 2 Yr. CAGR %	-	20.29	-2.66	5.28
Tangible Book Value, 2 Yr. CAGR %	-	24.27	-3.24	-0.05
Common Equity, 2 Yr. CAGR %	-	24.28	-1.13	1.87
Cash From Operations, 2 Yr. CAGR %	-	-16.07	-56.56	-77.44
Capital Expenditures, 2 Yr. CAGR %	-	87.64	-4.68	-34.77
Levered Free Cash Flow, 2 Yr. CAGR %	-	-32.12	-63.28	-21.32
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-33.52	-62.38	-24.59
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-10.84	-29.38	-24.45
Gross Profit, 3 Yr. CAGR %	-	-12.19	-24.92	-35.55
EBITDA, 3 Yr. CAGR %	-	-1.67	-	-30.95
EBITA, 3 Yr. CAGR %	-	12.16	-29.71	-38.06
EBIT, 3 Yr. CAGR %	-	12.16	-29.71	-42.48
Earnings From Cont. Operations, 3 Yr. CAGR %	-	24.97	-30.62	-41.34
Net Income, 3 Yr. CAGR %	-	24.97	-30.62	-41.38
Normalized Net Income, 3 Yr. CAGR %	-	15.76	-33.94	-45.12
Diluted EPS Before Extra, 3 Yr. CAGR %	-	5.75	-40.1	-45.13
Accounts Receivable, 3 Yr. CAGR %	-	34.32	30.08	4.53
Inventory, 3 Yr. CAGR %	-	44.57	29.12	5.56
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-6.24	-0.71	-20.52
Total Assets, 3 Yr. CAGR %	-	18.63	15.1	-0.11
Tangible Book Value, 3 Yr. CAGR %	-	19.73	14.76	-1.5
Common Equity, 3 Yr. CAGR %	-	19.74	16.43	-0.24
Cash From Operations, 3 Yr. CAGR %	-	-24.46	-22.32	-75.65
Capital Expenditures, 3 Yr. CAGR %	-	-	-11.74	25.56
Levered Free Cash Flow, 3 Yr. CAGR %	-	-41.18	-21.61	-56.94
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-41.84	-20.54	-58.61
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	0.36	-14.04	-6.02
Gross Profit, 5 Yr. CAGR %	-	4.82	8.44	-4.31
EBITDA, 5 Yr. CAGR %	-	12.3	10.33	0.11
EBITA, 5 Yr. CAGR %	-	23.63	6.24	-6.12
EBIT, 5 Yr. CAGR %	-	23.63	6.24	-10.19
Earnings From Cont. Operations, 5 Yr. CAGR %	-	31.69	5.28	-6.74
Net Income, 5 Yr. CAGR %	-	31.69	5.28	-6.77
Normalized Net Income, 5 Yr. CAGR %	-	25.82	2.2	-10.43
Diluted EPS Before Extra, 5 Yr. CAGR %	-	11.13	-10.81	-15.66
Accounts Receivable, 5 Yr. CAGR %	-	29.3	11.19	23.32
Inventory, 5 Yr. CAGR %	-	42.68	55.43	33.17
Net Property, Plant and Equip., 5 Yr. CAGR %	-	13.27	3.15	-11.05
Total Assets, 5 Yr. CAGR %	-	21	21.52	13.1
Tangible Book Value, 5 Yr. CAGR %	-	23.73	22.03	11.39
Common Equity, 5 Yr. CAGR %	-	23.73	23.1	12.24
Cash From Operations, 5 Yr. CAGR %	-	-0.47	9	-53.41
Capital Expenditures, 5 Yr. CAGR %	-	56.25	-49.29	-
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	97.55	-33.92
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	90.97	-35.47