Code ASSETS Note 2020

100 A. CURRENT ASSETS $1,039.80

110 I. Cash and Cash equivalents [4] 288.5

111 1. Cash 288.5
112 2. Cash equivalents -

120 II. Short - term financial investments [5] -

123 3. Held to maturity investment -

130 III. Accounts Receivable - Short term 306.2

131 1. Accounts receivable from customer [6] 306.2
132 2. Prepayments to suppliers [7] -
136 3. Other receivables [8] -
137 4. Allowance for doubtful debts -

140 IV. Inventories [9] 423.8

141 1. Inventories 423.8
149 S -

150 V. Other current assets 21.3

151 1. Short term prepaid expenses [10] 21.3
152 2. Deductible value added tax -
3. Taxes and other receivable from State
153 -
Treasury
155 4. Other current assets -

200 B. LONG - TERM ASSETS 849.4

210 I. Accounts Receivable - Long term -

216 1. Other long term receivables -

220 II. Fixed assets 849.4

221 1. Tangible fixed assets [11] 399.4
222 Cost 911.6
223 Accumulated depreciation (*) (512.2)
227 2.Intangible fixed assets 450.0
228 Cost 450.0
229 Accumulated amortisation (*) -

III. Investment Property -

Cost -
Accumulated depreciation (*) -

240 IV. Long term work in progress -

242 1. Long term work in progress -
 2. Construction in progress -

260 VI. Other long term assets -

261 1. Long term prepaid expenses -

270 TOTAL ASSETS $1,889.20

Mã số LIABILITIES AND STOCKHOLDER'S EQUITY Note 2020

300 A. LIABILITIES $951.80

310 I. Current Liabilities 377.8

311 1. Accounts Payable to suppliers 349.3

312 2. Advance from customers -
3. Taxes and others payable to State
313 18.0
Treasury
314 4. Payables to employees -
315 5. Accrued expenses -
319 6. Other payables - short term -
320 7. Short term borrowings -
8. Notes payable 10.5

330 II. Long term liabilities 574.0

338 8. Long term borrowings 574.0

400 B. EQUITY $ 937.40

410 I. Shareholder's Equity 937.4

411 1.Owner's equity 892.9
- Common stock 50.0
- Preferred stock -
-Additional paid-in capital 842.9
421 2. Retained earnings 67.8
421a - Retained earnings brought forward (50.7)
421b - Retained earnings for current year 118.5
3. Treasury stock (23.3)
440 TOTAL LIABILITIES & EQUITY $ 1,889.20

Checking -
 2019 2018

$688.00 $704.50

16.6 8.2
16.6 8.2
- -

- -
- -

268.8 271.5
268.8 271.5
- -
- -
- -

372.7 400.0
372.7 400.0
- -

29.9 24.8
29.9 24.8
- -
- -
- -

805.8 693.5

- -
- -

805.8 693.5
394.2 419.6
823.3 773.4
(429.1) (353.8)
411.6 273.9
411.6 273.9
- -

- -

- -
- -
 - -

- -
- -

$1,493.80 $1,398.00

2019 2018

$651.60 $717.50

346.0 421.9

325.0 395.0
- -
16.8 12.4
- -
- -
- -
- -
4.2 14.5

305.6 295.6
305.6 295.6

$ 842.20 $ 680.50

842.2 680.5
892.9 892.9
50.0 50.0
- -
842.9 842.9
(50.7) (155.8)
(155.8) (222.0)
105.1 66.2
- (56.6)
$ 1,493.80 $ 1,398.00

- -
Code Items Note

1. Revenue from sales of goods and provision of

1 33.1
services

2 2. Revenue deductions 33.1

10 3. Net revenue 33.1

11 4. Cost of goods sold 34

20 5. Gross profit

6. Selling expenses & General and administration

21 33.2
expenses

7. Earnings before interest, taxes, depreciation, and

22 36
amortization (EBITDA)

23 8. Depreciation and amortization

25 9. Earnings before interest and taxes (EBIT) 35

26 10. Interest expense 35

30 10. Earnings before taxes (EBT)

31 11. Taxes 37

32 12. Net income 37

40 13. Common stock dividend 37

50 15. Addition to retained earnings

51 16. Per-share data: 40.1

52 - Common stock price 40.3

60 - Earnings per share (EPS)

- Dividends per share (DPS)

- Book value per share (BVPS)

- Cash flow per share (CFPS)

 2020 2019 2018

$ 1,563.70 $ 1,386.70 $ 1,475.10

- - -

1,563.7 1,386.7 1,475.1

1,081.1 974.8 1,076.3

482.6 411.9 398.8

231.1 197.4 205.7

251.5 214.5 193.1

83.1 75.3 71.2

168.4 139.2 121.9

5.6 18.0 27.8

162.8 121.2 94.1

44.3 16.1 27.9

118.5 105.1 66.2

- - -

118.5 105.1 66.2

- - -

- - -

2.2 1.9 -

- - -

- - -

3.7 3.3 -
 Operating activities
Net income $ 118.50
Additional (Sources of cash)
Depreciation and amortization 83.1

Increase in accounts payable 24.3

Decrease in other current assets 8.6

Increase in accrued income taxes 1.2

Subtractions (uses of cash)

Increase in accounts receivable (37.4)

Increase in inventories (51.1)

Net cash provided by operating activities $ 147.20

Long- term Investing activities

Property, equipment, and other assets (88.3)

Increase in goodwill and other assets (38.4)

Net cash used in investing activities $ (126.70)

Financing activities

Increase in long term debt 268.4

Purchase of treasury stock (23.3)

Increase in notes payable 6.3

Net cash provided by financing activities $ 251.40

Cash Reconciliation

Net increase in cash and marketable securities $ 271.90

Cash and securities at beginning of year $ 16.60

Cash and securities at end of year $ 288.50

Check -
 2020
Mã số ASSETS Note

100 A. CURRENT ASSETS 1,039.8

110 I. Cash and Cash equivalents [4] 288.5

111 1. Cash 288.5
112 2. Cash equivalents -

120 II. Short - term financial investments [5] -

123 3. Held to maturity investment -

130 III. Accounts Receivable - Short term 306.2

131 1. Accounts receivable from customer [6] 306.2
132 2. Prepayments to suppliers [7] -
136 6. Other receivables [8] -
137 7. Allowance for doubtful debts -

140 IV. Inventories [9] 423.8

141 1. Inventories 423.8
149 2. Allowance for inventories (*) -

150 V. Other current assets 21.3

151 1. Short term prepaid expenses [10] 21.3
152 2. Deductible value added tax -
3. Taxes and other receivable from State
153 -
Treasury
155 5. Other current assets -

200 B. LONG - TERM ASSETS 849.4

210 I. Accounts Receivable - Long term -

216 1. Other long term receivables -

220 II. Fixed assets 849.4

221 1. Tangible fixed assets [11] 399.4
222 Cost 911.6
223 Accumulated depreciation (*) (512.2)
227 3.Intangible fixed assets 450.0
228 Cost 450.0
229 Accumulated amortisation (*) -

III. Investment Property -

Cost -
Accumulated depreciation (*) -

240 IV. Long term work in progress -

242 1. Long term work in progress -
2. Construction in progress -

260 VI. Other long term assets -

261 1. Long term prepaid expenses -

270 TOTAL ASSETS 1,889.2

Mã số LIABILITIES AND STOCKHOLDER'S EQUITY Note

300 A. LIABILITIES 951.8

310 I. Current Liabilities 377.8

311 1. Accounts Payable to suppliers 349.3

312 2. Advance from customers -
3. Taxes and others payable to State
313 18.0
Treasury
314 4. Payables to employees -
315 5. Accrued expenses -
319 6. Other payables - short term -
320 7. Short term borrowings -
8. Notes payable 10.5

330 II. Long term liabilities 574.0

338 8. Long term borrowings 574.0

400 B. EQUITY 937.4

410 I. Shareholder's Equity 937.4

411 1.Owner's equity 892.9
- Common stock 50.0
- Preferred stock -
-Additional paid-in capital 842.9
421 2. Retained earnings 67.8
421a - Retained earnings brought forward -
421b - Retained earnings for current year 67.8
3. Treasury stock (23.3)
440 TOTAL LIABILITIES & EQUITY 1,889.2

Checking -
2020 2019 2018
% of Assets % of Assets % of Assets

55.0% 688.0 46% 688.0 46%

15.3% 16.6 1% 16.6 1%

15.3% 16.6 1% 16.6 1%
- -

- -
- -

16.2% 268.8 18% 268.8 18%

16.2% 268.8 18% 268.8 18%
- -
- -
- -

22.4% 372.7 25% 372.7 25%

22.4% 372.7 25% 372.7 25%
- -

1.1% 29.9 2% 29.9 2%

1.1% 29.9 2% 29.9 2%
- -
- -
- -

45.0% 805.8 54% 805.8 54%

- -
- -

45.0% 805.8 54% 805.8 54%

21.1% 394.2 26% 394.2 26%
48.3% 823.3 55% 823.3 55%
-27.1% (429.1) -29% (429.1) -29%
23.8% 411.6 28% 411.6 28%
23.8% 411.6 28% 411.6 28%
- -

- -

- -
 - -
- -

- -
- -

100.0% 1,493.8 100% 1,493.8 100%

50.4% 651.6 43.6% 651.6 43.6%

0.0%
20.0% 346.0 23.2% 346.0 23.2%
0.0%
18.5% 325.0 21.8% 325.0 21.8%
- -
1.0% 16.8 1.1% 16.8 1.1%
- -
- -
- -
- -
0.6% 4.2 0.3% 4.2 0.3%

30.4% 305.6 20.5% 305.6 20.5%

30.4% 305.6 20.5% 305.6 20.5%

49.6% 842.2 56.4% 842.2 56.4%

49.6% 842.2 56.4% 842.2 56.4%

47.3% 892.9 59.8% 892.9 59.8%
2.6% 50.0 3.3% 50.0 3.3%
- -
44.6% 842.9 56.4% 842.9 56.4%
3.6% (50.7) -3.4% (50.7) -3.4%
- -
3.6% (50.7) -3.4% (50.7) -3.4%
-1.2% - -
100% 1,493.8 100% 1,493.8 100%

-
 Thuyết
Mã số CHỈ TIÊU
minh

1. Revenue from sales of goods and provision of

1 33.1
services

2 2. Revenue deductions 33.1

10 3. Net revenue 33.1

11 4. Cost of goods sold 34

20 5. Gross profit

6. Selling expenses & General and administration

21 33.2
expenses

7. Earnings before interest, taxes, depreciation, and

22 36
amortization (EBITDA)

23 8. Depreciation and amortization

25 9. Earnings before interest and taxes (EBIT) 35

26 10. Interest expense 35

30 10. Earnings before taxes (EBT)

31 11. Taxes 37

32 12. Net income 37

40 13. Common stock dividend 37

50 15. Addition to retained earnings

 2020 2019

Năm nay % of Net Revenue Năm trước % of Net Revenue

$ 1,563.70 100.0% $ 1,386.70 100%

- -

1,563.7 100.0% 1,386.7 100%

1,081.1 69.1% 974.8 70%

482.6 30.9% 411.9 30%

231.1 14.8% 197.4 14%

251.5 16.1% 214.5 15%

83.1 5.3% 75.3 5%

168.4 10.8% 139.2 10%

5.6 0.4% 18.0 1%

162.8 10.4% 121.2 9%

44.3 2.8% 16.1 1%

118.5 7.6% 105.1 8%

- -

118.5 7.6% 105.1 8%

 2018
Năm trước % of Net Revenue

$ 1,475.10 100%

1,475.1 100%

1,076.3 73%

398.8 27%

205.7 14%

193.1 13%

71.2 5%

121.9 8%

27.8 2%

94.1 6%

27.9 2%

66.2 4%

66.2 4%
FINANCIAL RATIO 2020 2019 2018
Liquidity ratios
- Current ratio 2.75 1.99 1.67
- Quick ratio 1.63 0.91 0.72

Efficiency Ratios:
- Inventory turnover 2.55 2.62 2.69
+ Day's sales in inventory 143.08 139.55 135.65
- Accounts receivable turnove 5.11 5.16 5.43
+ Day's sales outstanding 71.47 70.75 67.18
- Asset Turnover Ratios:
+ Total asset turnover 0.83 0.93 1.06
+ Fixed asset turnover 1.84 1.72 2.13

Leverage Ratios:
- Total debt ratio 0.50 0.44 0.51
- Debt-to-equity ratio 1.02 0.77 1.05
- Equity multiplier 2.02 1.77 2.05
- Coverage ratios:
+ Times interest earned 30.07 7.73 4.38
+ Cash coverage 44.91 11.92 6.95

Profitability Ratios:
- Gross profit margin 0.31 0.30 0.27
- Operating profit margin 0.11 0.10 0.08
- Net profit margin 0.08 0.08 0.04
- EBIT return on assets 0.09 0.09 0.09
- Return on assets 0.06 0.07 0.05
- Return on equity 0.13 0.12 0.10

Market-Value Indicators:
- Earning per share 0.00 0.00 0.00
- Price-earning ratio - - -
- Market-to-book ratio
Shares outstanding
54,566,054