Income Statement Net Detergent

Stocks

NET

VN000000NET9

Household Products

End-of-day quote HANOI S.E. 04/09/2026			5-day change	1st Jan Change
61,000.00 ^VND	0.00%		0.00%	-10.03%

23/07	Net Detergent JSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2026	CI
21/04	Net Detergent JSC Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

13f91e9b9f6752ab980c88a8e9767628._39q3Xd7fO9rY-THjkM9_lfZN8-o9IXD5CsvEUkhzlg.jBEztSAMSatGL77qvW5-yTaNe_v4h-6lrVMaRxZUgRyyBhurQzI0jD8xtQ

Published financial data: NET DETERGENT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Revenues	1,48000Cr	1,53000Cr	1,81000Cr	1,65300Cr	1,61900Cr
Total Revenues	1,48000Cr	1,53000Cr	1,81000Cr	1,65300Cr	1,61900Cr
Cost of Goods Sold, Total	1,18200Cr	1,25900Cr	1,33300Cr	1,22600Cr	1,25300Cr
Gross Profit	30TCr	27TCr	48TCr	43TCr	37TCr
Selling General & Admin Expenses, Total	18TCr	17TCr	28TCr	18TCr	18TCr
Other Operating Expenses, Total	18TCr	17TCr	28TCr	18TCr	18TCr
Operating Income	12TCr	9.74TCr	19TCr	25TCr	19TCr
Interest Expense, Total	-46Cr	-165.83Cr	-925.8Cr	-622Cr	-859.15Cr
Interest And Investment Income	466.1Cr	545.75Cr	1.8TCr	1.29TCr	2.14TCr
Net Interest Expenses	420.11Cr	379.92Cr	874.88Cr	669.66Cr	1.28TCr
Currency Exchange Gains (Loss)	103.35Cr	91Cr	-12Cr	-52Cr	163.9Cr
Other Non Operating Income (Expenses)	295.61Cr	-43Cr	183.1Cr	40Cr	-201.54Cr
EBT, Excl. Unusual Items	13TCr	10TCr	20TCr	26TCr	20TCr
Gain (Loss) On Sale Of Assets	-	-	-	-	-
EBT, Incl. Unusual Items	13TCr	10TCr	20TCr	26TCr	20TCr
Income Tax Expense	1.76TCr	1.36TCr	2.65TCr	5.17TCr	4.14TCr
Earnings From Continuing Operations	11TCr	8.82TCr	18TCr	21TCr	16TCr
Net Income to Company	11TCr	8.82TCr	18TCr	21TCr	16TCr
Net Income - (IS)	11TCr	8.82TCr	18TCr	21TCr	16TCr
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	11TCr	8.82TCr	18TCr	21TCr	16TCr
Net Income to Common Excl. Extra Items	11TCr	8.82TCr	18TCr	21TCr	16TCr
Per Share Items
Net EPS - Basic	5.06T	3.94T	7.97T	9.22T	7.08T
Basic EPS - Continuing Operations	5.06T	3.94T	7.97T	9.22T	7.08T
Basic Weighted Average Shares Outstanding	2.24Cr	2.24Cr	2.24Cr	2.24Cr	2.24Cr
Net EPS - Diluted	5.06T	3.94T	7.97T	9.22T	7.08T
Diluted EPS - Continuing Operations	5.06T	3.94T	7.97T	9.22T	7.08T
Diluted Weighted Average Shares Outstanding	2.24Cr	2.24Cr	2.24Cr	2.24Cr	2.24Cr
Normalized Basic EPS	3.65T	2.84T	5.72T	7.21T	5.58T
Normalized Diluted EPS	3.65T	2.84T	5.72T	7.21T	5.58T
Dividend Per Share	5T	3.5T	-	6.5T	-
Payout Ratio	118.55	127.04	43.93	54.2	91.75
Supplemental Items
EBITDA	14TCr	12TCr	22TCr	27TCr	21TCr
EBITA	12TCr	9.74TCr	19TCr	25TCr	19TCr
EBIT	12TCr	9.74TCr	19TCr	25TCr	19TCr
Total Revenues (As Reported)	1,48000Cr	1,53000Cr	1,81000Cr	1,65300Cr	1,61900Cr
Effective Tax Rate - (Ratio)	13.44	13.33	12.93	20.01	20.7
Total Current Taxes	1.76TCr	1.36TCr	2.84TCr	5.91TCr	3.23TCr
Total Deferred Taxes	-	-	-189.2Cr	-745.26Cr	916.04Cr
Normalized Net Income	8.19TCr	6.36TCr	13TCr	16TCr	13TCr
Supplemental Operating Expense Items
Advertising Expense	135.77Cr	-	-	-	-
Selling and Marketing Expenses	14TCr	15TCr	24TCr	14TCr	15TCr
General and Administrative Expenses	3.04TCr	2.74TCr	3.85TCr	3.24TCr	2.94TCr

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Assets
Cash And Equivalents	4.14TCr	19TCr	26TCr	35TCr	28TCr
Short Term Investments	9.5TCr	650Cr	12TCr	8.52TCr	30TCr
Total Cash And Short Term Investments	14TCr	20TCr	38TCr	43TCr	58TCr
Accounts Receivable, Total	6.47TCr	7.02TCr	6.26TCr	4.78TCr	4.87TCr
Other Receivables	175.53Cr	284.65Cr	237.39Cr	175.94Cr	210.44Cr
Notes Receivable	-	-	-	-	-
Total Receivables	6.65TCr	7.31TCr	6.5TCr	4.96TCr	5.08TCr
Inventory	20TCr	20TCr	18TCr	23TCr	18TCr
Prepaid Expenses	-	72Cr	48Cr	117.05Cr	75Cr
Other Current Assets, Total	127.14Cr	403.48Cr	160.38Cr	417.42Cr	402.71Cr
Total Current Assets	41TCr	48TCr	63TCr	71TCr	82TCr
Gross Property Plant And Equipment	40TCr	40TCr	41TCr	42TCr	47TCr
Accumulated Depreciation	-16TCr	-18TCr	-19TCr	-21TCr	-26TCr
Net Property Plant And Equipment	25TCr	23TCr	22TCr	21TCr	21TCr
Long-term Investments	0	0	0	0	0
Other Intangibles, Total	42Cr	35Cr	29Cr	373.58Cr	310.33Cr
Deferred Tax Assets Long-Term	-	-	189.2Cr	934.46Cr	18Cr
Other Long-Term Assets, Total	5.28TCr	5.12TCr	4.9TCr	4.67TCr	4.23TCr
Total Assets	70TCr	76TCr	89TCr	99TCr	1,07600Cr
Liabilities
Accounts Payable, Total	25TCr	23TCr	16TCr	21TCr	23TCr
Accrued Expenses, Total	6.24TCr	4.5TCr	7.16TCr	6.64TCr	4.65TCr
Short-term Borrowings	2.04TCr	14TCr	21TCr	14TCr	23TCr
Current Income Taxes Payable	528.48Cr	-	884.24Cr	2.33TCr	1.59TCr
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	823.03Cr	818.91Cr	844.07Cr	1.34TCr	1.34TCr
Total Current Liabilities	35TCr	42TCr	46TCr	46TCr	53TCr
Other Non Current Liabilities	10Cr	10Cr	18Cr	109.66Cr	102.13Cr
Total Liabilities	35TCr	42TCr	46TCr	46TCr	53TCr
Common Stock, Total	22TCr	22TCr	22TCr	22TCr	22TCr
Retained Earnings	13TCr	11TCr	21TCr	30TCr	32TCr
Total Common Equity	36TCr	33TCr	43TCr	53TCr	54TCr
Total Equity	36TCr	33TCr	43TCr	53TCr	54TCr
Total Liabilities And Equity	70TCr	76TCr	89TCr	99TCr	1,07600Cr
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.24Cr	2.24Cr	2.24Cr	2.24Cr	2.24Cr
ECS Total Common Shares Outstanding	2.24Cr	2.24Cr	2.24Cr	2.24Cr	2.24Cr
Book Value / Share	15.99T	14.92T	19.39T	23.61T	24.2T
Tangible Book Value	36TCr	33TCr	43TCr	53TCr	54TCr
Tangible Book Value Per Share	15.97T	14.91T	19.38T	23.45T	24.06T
Total Debt	2.04TCr	14TCr	21TCr	14TCr	23TCr
Net Debt	-12TCr	-5.6TCr	-17TCr	-29TCr	-35TCr
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	14TCr	17TCr	15TCr	17TCr	14TCr
Inventories - Work In Process, Total	405.83Cr	220.25Cr	-	-	-
Inventories - Finished Goods, Total	5.24TCr	3.56TCr	4.62TCr	6.14TCr	4.63TCr
Inventories - Others	45Cr	7.12Cr	56Cr	166.34Cr	203.09Cr
Buildings, Total	23TCr	23TCr	23TCr	23TCr	27TCr
Machinery, Total	17TCr	17TCr	17TCr	18TCr	18TCr
Full Time Employees	555	442	316	303	261

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Net Income	11TCr	8.82TCr	18TCr	21TCr	16TCr
Depreciation & Amortization - CF	2.15TCr	2.21TCr	2.12TCr	2.11TCr	2.16TCr
Amortization of Goodwill and Intangible Assets - (CF)	-	-	-	-	-
Depreciation & Amortization, Total	2.15TCr	2.21TCr	2.12TCr	2.11TCr	2.16TCr
Amortization of Deferred Charges, Total - (CF)	6.35Cr	6.35Cr	6.35Cr	54Cr	63Cr
(Gain) Loss From Sale Of Asset	-22Cr	-	-46Cr	-1.33TCr	-
Other Operating Activities, Total	-760.36Cr	-1.8TCr	1.58TCr	828.68Cr	-1.64TCr
Change In Accounts Receivable	-493.56Cr	-828.16Cr	1.2TCr	1.24TCr	-26Cr
Change In Inventories	-287.24Cr	-333.19Cr	378.72Cr	-5.24TCr	4.02TCr
Change In Accounts Payable	3.32TCr	-3.31TCr	-4.52TCr	4.99TCr	-100.1Cr
Change in Other Net Operating Assets	197.09Cr	-68Cr	205.23Cr	37Cr	313.76Cr
Cash from Operations	15TCr	4.69TCr	19TCr	23TCr	21TCr
Capital Expenditure	-1.31TCr	-131.38Cr	-1.32TCr	-1.87TCr	-1.94TCr
Sale of Property, Plant, and Equipment	22Cr	-	58Cr	163.99Cr	-
Investment in Marketable and Equity Securities, Total	-967.5Cr	8.85TCr	-11TCr	3.39TCr	-21TCr
Net (Increase) Decrease in Loans Originated / Sold - Investing	-	-	-	-	-
Other Investing Activities, Total	462.42Cr	581.6Cr	1.63TCr	1.39TCr	2.08TCr
Cash from Investing	-1.79TCr	9.3TCr	-11TCr	3.08TCr	-21TCr
Short Term Debt Issued, Total	9.4TCr	19TCr	64TCr	65TCr	86TCr
Total Debt Issued	9.4TCr	19TCr	64TCr	65TCr	86TCr
Short Term Debt Repaid, Total	-9.43TCr	-6.33TCr	-56TCr	-72TCr	-77TCr
Total Debt Repaid	-9.43TCr	-6.33TCr	-56TCr	-72TCr	-77TCr
Common Dividends Paid	-13TCr	-11TCr	-7.84TCr	-11TCr	-15TCr
Common & Preferred Stock Dividends Paid	-13TCr	-11TCr	-7.84TCr	-11TCr	-15TCr
Cash from Financing	-13TCr	1.11TCr	-771.44Cr	-18TCr	-6.24TCr
Foreign Exchange Rate Adjustments	-2L	-3.66Cr	-85.25L	-3.51Cr	-94.04L
Net Change in Cash	184.69Cr	15TCr	7.12TCr	8.33TCr	-6.83TCr
Supplemental Items
Cash Interest Paid	46Cr	152.65Cr	930.77Cr	622.18Cr	849.6Cr
Cash Income Tax Paid (Refund)	1.73TCr	2.03TCr	1.8TCr	4.47TCr	3.96TCr
Levered Free Cash Flow	12TCr	2.37TCr	13TCr	18TCr	15TCr
Unlevered Free Cash Flow	12TCr	2.47TCr	13TCr	19TCr	16TCr
Change In Net Working Capital	-3.26TCr	5.7TCr	-297.52Cr	-2.56TCr	-3.64TCr
Net Debt Issued / Repaid	-29Cr	12TCr	7.07TCr	-6.9TCr	8.32TCr

Fiscal Period: December	2021 (VND)	2022 (VND)	2023 (VND)	2024 (VND)	2025 (VND)
Profitability
Return on Assets	10.96	8.32	14.71	16.74	11.37
Return on Total Capital	19.52	14.24	21.61	23.82	16.25
Return On Equity %	30.42	25.47	46.43	42.9	29.63
Return on Common Equity	30.42	25.47	46.43	42.9	29.63
Margin Analysis
Gross Profit Margin %	20.14	17.71	26.35	25.83	22.61
SG&A Margin	11.84	11.34	15.6	10.6	11.02
EBITDA Margin %	9.75	7.81	11.92	16.51	12.92
EBITA Margin %	8.3	6.37	10.75	15.23	11.59
EBIT Margin %	8.3	6.37	10.75	15.23	11.59
Income From Continuing Operations Margin %	7.66	5.76	9.86	12.5	9.8
Net Income Margin %	7.66	5.76	9.86	12.5	9.8
Net Avail. For Common Margin %	7.66	5.76	9.86	12.5	9.8
Normalized Net Income Margin	5.53	4.16	7.08	9.77	7.72
Levered Free Cash Flow Margin	7.94	1.55	7.01	11.02	9.34
Unlevered Free Cash Flow Margin	7.96	1.61	7.33	11.25	9.67
Asset Turnover
Asset Turnover	2.11	2.09	2.19	1.76	1.57
Fixed Assets Turnover	5.97	6.49	8.16	7.7	7.63
Receivables Turnover (Average Receivables)	24	22.68	27.25	29.93	33.56
Inventory Turnover (Average Inventory)	5.9	6.2	7.01	6.08	6.08
Short Term Liquidity
Current Ratio	1.17	1.13	1.36	1.57	1.53
Quick Ratio	0.59	0.64	0.97	1.06	1.18
Operating Cash Flow to Current Liabilities	0.45	0.11	0.41	0.51	0.39
Days Sales Outstanding (Average Receivables)	15.21	16.09	13.4	12.23	10.88
Days Outstanding Inventory (Average Inventory)	61.89	58.9	52.03	60.22	60.05
Average Days Payable Outstanding	69.64	69.23	53.99	52.39	66.15
Cash Conversion Cycle (Average Days)	7.46	5.76	11.44	20.06	4.77
Long Term Solvency
Total Debt/Equity	5.68	42.72	49.13	27.3	41.99
Total Debt / Total Capital	5.38	29.93	32.94	21.44	29.57
Total Liabilities / Total Assets	49.17	55.96	51.41	46.37	49.63
EBIT / Interest Expense	266.92	58.75	21.01	40.47	21.84
EBITDA / Interest Expense	313.6	72.06	23.3	43.87	24.35
(EBITDA - Capex) / Interest Expense	285.2	71.27	21.87	40.87	22.1
Total Debt / EBITDA	0.14	1.19	0.99	0.53	1.09
Net Debt / EBITDA	-0.8	-0.47	-0.78	-1.05	-1.67
Total Debt / (EBITDA - Capex)	0.16	1.21	1.05	0.57	1.2
Net Debt / (EBITDA - Capex)	-0.88	-0.47	-0.84	-1.13	-1.84
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	0.65	3.4	18.28	-8.68	-2.02
Gross Profit, 1 Yr. Growth %	-13.5	-9.1	76.02	-10.47	-14.25
EBITDA, 1 Yr. Growth %	-13.79	-17.19	80.38	26.49	-23.47
EBITA, 1 Yr. Growth %	-16.11	-20.64	99.59	29.45	-25.46
EBIT, 1 Yr. Growth %	-16.11	-20.64	99.59	29.45	-25.46
Earnings From Cont. Operations, 1 Yr. Growth %	-15.03	-22.24	102.41	15.8	-23.2
Net Income, 1 Yr. Growth %	-15.03	-22.24	102.41	15.8	-23.2
Normalized Net Income, 1 Yr. Growth %	-14.78	-22.33	101.46	26.05	-22.54
Diluted EPS Before Extra, 1 Yr. Growth %	-9.6	-22.24	102.41	15.8	-23.2
Accounts Receivable, 1 Yr. Growth %	10.4	8.52	-10.83	-23.6	1.73
Inventory, 1 Yr. Growth %	1.44	1.37	-14.23	29.89	-19.08
Net Property, Plant and Equip., 1 Yr. Growth %	-1.87	-7.81	-3.87	-2.67	0.55
Total Assets, 1 Yr. Growth %	1.27	7.73	17.77	10.35	9.11
Tangible Book Value, 1 Yr. Growth %	-7.49	-6.65	29.98	21.01	2.61
Common Equity, 1 Yr. Growth %	-7.5	-6.66	29.93	21.79	2.48
Cash From Operations, 1 Yr. Growth %	120.48	-69.63	300.3	24.4	-11.51
Capital Expenditures, 1 Yr. Growth %	36.57	-89.94	901.42	41.91	3.77
Levered Free Cash Flow, 1 Yr. Growth %	401.66	-79.86	413.34	43.54	-16.95
Unlevered Free Cash Flow, 1 Yr. Growth %	394.94	-79.03	415.15	40.21	-15.8
Dividend Per Share, 1 Yr. Growth %	-16.67	-30	-	-	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	13.07	2.01	10.59	3.93	-5.41
Gross Profit, 2 Yr. CAGR %	12.91	-11.33	26.49	25.54	-12.38
EBITDA, 2 Yr. CAGR %	17.74	-15.49	22.25	51.07	-1.52
EBITA, 2 Yr. CAGR %	21.99	-18.41	25.85	60.74	-1.77
EBIT, 2 Yr. CAGR %	21.99	-18.41	25.85	60.74	-1.77
Earnings From Cont. Operations, 2 Yr. CAGR %	18.21	-18.71	25.46	53.1	-5.7
Net Income, 2 Yr. CAGR %	18.21	-18.71	25.46	53.1	-5.7
Normalized Net Income, 2 Yr. CAGR %	23.2	-18.65	25.09	59.36	-1.18
Diluted EPS Before Extra, 2 Yr. CAGR %	24.78	-16.16	25.46	53.1	-5.7
Accounts Receivable, 2 Yr. CAGR %	16.74	9.46	-1.63	-17.46	-11.84
Inventory, 2 Yr. CAGR %	38.86	1.41	-6.75	5.55	2.52
Net Property, Plant and Equip., 2 Yr. CAGR %	-3.3	-4.89	-5.86	-3.27	-1.07
Total Assets, 2 Yr. CAGR %	10.55	4.45	12.64	14	9.73
Tangible Book Value, 2 Yr. CAGR %	7.57	-7.07	10.15	25.42	11.43
Common Equity, 2 Yr. CAGR %	7.6	-7.08	10.13	25.79	11.72
Cash From Operations, 2 Yr. CAGR %	12.29	-18.17	10.25	123.15	4.92
Capital Expenditures, 2 Yr. CAGR %	355.19	-62.94	0.35	276.98	21.35
Levered Free Cash Flow, 2 Yr. CAGR %	7.49	0.52	3.89	171.45	9.18
Unlevered Free Cash Flow, 2 Yr. CAGR %	7.07	1.88	6.1	168.75	8.66
Dividend Per Share, 2 Yr. CAGR %	25	-23.62	-	36.28	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	9.81	9.75	7.17	3.75	1.91
Gross Profit, 3 Yr. CAGR %	14.51	5.04	11.44	12.73	10.56
EBITDA, 3 Yr. CAGR %	22.47	4.72	8.83	23.66	20.51
EBITA, 3 Yr. CAGR %	30.34	5.7	9.94	27.04	24.41
EBIT, 3 Yr. CAGR %	30.34	5.7	9.94	27.04	24.41
Earnings From Cont. Operations, 3 Yr. CAGR %	27.5	2.81	10.18	22.15	21.64
Net Income, 3 Yr. CAGR %	27.5	2.81	10.18	22.15	21.64
Normalized Net Income, 3 Yr. CAGR %	30.89	5.64	10.07	25.41	25.3
Diluted EPS Before Extra, 3 Yr. CAGR %	31.38	6.58	12.47	22.15	21.64
Accounts Receivable, 3 Yr. CAGR %	25.36	13.93	2.23	-9.58	-11.5
Inventory, 3 Yr. CAGR %	16.13	25.03	-4.1	4.14	-3.4
Net Property, Plant and Equip., 3 Yr. CAGR %	-4.52	-4.83	-4.55	-4.81	-2.01
Total Assets, 3 Yr. CAGR %	4.98	9.6	8.71	11.87	12.34
Tangible Book Value, 3 Yr. CAGR %	7.55	2.61	3.93	13.66	17.3
Common Equity, 3 Yr. CAGR %	7.6	2.62	3.91	13.89	17.48
Cash From Operations, 3 Yr. CAGR %	24.45	-27.38	38.91	14.78	63.95
Capital Expenditures, 3 Yr. CAGR %	6.45	27.73	11.21	12.64	145.23
Levered Free Cash Flow, 3 Yr. CAGR %	28.67	-38.49	75.6	15.71	82.91
Unlevered Free Cash Flow, 3 Yr. CAGR %	27.43	-37.82	77.28	16.43	82.53
Dividend Per Share, 3 Yr. CAGR %	35.72	3.03	-	9.14	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	12.01	7.3	10.12	7.39	1.95
Gross Profit, 5 Yr. CAGR %	5.38	2.66	19.16	12.8	1.22
EBITDA, 5 Yr. CAGR %	5.18	6.37	22.39	21.27	4.57
EBITA, 5 Yr. CAGR %	3.87	6.35	28.52	24.99	5.09
EBIT, 5 Yr. CAGR %	3.87	6.35	28.52	24.99	5.09
Earnings From Cont. Operations, 5 Yr. CAGR %	6.42	8.3	26.68	20.56	3.53
Net Income, 5 Yr. CAGR %	6.42	8.3	26.68	20.56	3.53
Normalized Net Income, 5 Yr. CAGR %	4.75	6.57	28.54	24.52	5.42
Diluted EPS Before Extra, 5 Yr. CAGR %	7.83	9.74	28.98	23.2	4.82
Accounts Receivable, 5 Yr. CAGR %	8.76	12.21	13.77	0.15	-3.65
Inventory, 5 Yr. CAGR %	19.97	13.52	6.37	16.84	-1.5
Net Property, Plant and Equip., 5 Yr. CAGR %	-2.97	-5.15	-5.06	-4.21	-3.17
Total Assets, 5 Yr. CAGR %	5.38	4.61	7.98	11.34	9.12
Tangible Book Value, 5 Yr. CAGR %	4.97	3.49	8.59	11.18	6.87
Common Equity, 5 Yr. CAGR %	5	3.51	8.6	11.33	6.96
Cash From Operations, 5 Yr. CAGR %	5.48	-15.79	18.56	13.78	24.16
Capital Expenditures, 5 Yr. CAGR %	-42.64	-46.6	3.97	96.92	15.16
Levered Free Cash Flow, 5 Yr. CAGR %	0.18	-22.09	18.12	12.35	45.2
Unlevered Free Cash Flow, 5 Yr. CAGR %	0.25	-21.64	18.43	12.59	45.75
Dividend Per Share, 5 Yr. CAGR %	-	6.96	-	15.23	-