Date: xx/xx/2024

To: xxx Company

Company research report(Unlisted company English Standard version A・Vietnam accounting standard)

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

VERAC COMPANY LIMITED.

Disclaimer
We, VERAC, endeavored to ensure the accuracy of the information in this report (“The info”). However,
the adoption of The info depends on clients’ judgments and responsibilities. In relation to the use of The
info, VERAC will be no liability whatsoever for any direct or consequential loss arising. For the dates inthe report, in particular, are dates that have been written in official documents, the actual situation might
be different. In addition, our company strives to gather The info as much as possible. However, please benoted that it also depends on the development status of such information and statistics of the survey.

1

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

Content
1.

Company profile

P3

2.

The transitions of Total Employees

P4

3.

Partner information

P4

4.

Purchasing and sales information

P4

5.

Bank / Outstanding loans / Classification of debts

P5

6.

Loan situation in the past 12 months

P6

7.

Special mentioned debt history in the past 12 months

P68.

Bad debt history in the past 5 years

P6

9.

Board of management and shareholders

P710.

Linkage

P811.

Balance Sheet

P912.

Income Statement

P11

13.

Financial indicators

P1214.

Financial chart

P13

15.

The transitions of Net sales, Net profit after tax, Total assets and Equity

P14

16.

Credit rating

P16

Disclaimer

P18

2

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

1. COMPANY PROFILE
Company name

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

Native name

CONG TY CO PHAN VIETNAM SAMPLE REPORTRegistration address

1234 Nguyen Hue Street, District 1, Ho Chi Minh City, Vietnam

Type of registration address

Owned (*** m2)

Operation address

999 Pasteur Street, District 3, Ho Chi Minh City, Vietnam

TEL84-28.1234-5678

FAX

84-28.1234-5677

Emailinfo@abc.com.vn

Websitewww.abc.com.vn

Established date

DD/MM/YYYY

Listed year

UnlistedTax code0123456789

Tax code issued date

DD/MM/YYYYBusiness Registration No.

0123456789

Legal form

Joint Stock Company

Status of business

NormalMain business lines

Manufacture of electric wire, electric cable, aluminum cable

Authorized capital

VND 4,000,000,000,000- (Contributed Capital DD/MM/YYYY)

3

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

2. THE TRANSITIONS OF TOTAL EMPLOYEES

3. PARTNER INFORMATION (DD/MM/YYYY)- Purchasing and procurement
Domestic:
International:- Sales
Domestic:
International:

4. PURCHASING AND SALES INFORMATION (DD/MM/YYYY)- Purchasing and procurement
Domestic:
International:- Sales
Domestic:
International:

Payment MethodDomestic: cash, bank transfer

Overseas: letter of credit, remittances

4

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY5. BANK / OUTSTANDING LOANS / CLASSIFICATION OF DEBTSNo.

Bank nameLocation

TermClassification ofdebts

Ho Chi Minh City,
Vietnam
Tel:+84-28.3929-000

Short term

11Nam A
Commercial
Joint Stock Bank
(Nam A Bank) Head Office234

Joint Stock
Commercial
Bank forInvestment andDevelopment ofVietnam (BIDV)- Nam Binh
Duong Branch

Subtotal
Short term
Binh Duong Province,
Vietnam
Tel:+84-27.4375-0000

Ho Chi Minh, Vietnam
Tel:+84-28.3894-0000

Vietnam BankFor Agricultureand RuralDevelopment(Agribank) - My
Thanh Branch

Ho Chi Minh City,Vietnam
Tel:+84-28.3733-0000

299,900 DD/MM/YYYY

139,150
DD/MM/YYYYMediumterm

Short term

1

Short term

Subtotal

1,16740,317

1

Subtotal

Total

Date

299,900

Subtotal

Vietnam Joint
Stock
Commercial
Bank forIndustry andTrade(VietinBank) –Ho Chi Minh
BranchLoan
Million
VND

40,000 DD/MM/YYYY

40,000126,750 DD/MM/YYYY

26,750381,967※Short term: under 12 months, Medium term: 12 months to 60 months, Long term: above 60 months※Classification of debts: It is classified into 5 as follows : (1) Current/ Standard, (2) Special mentioned/ Watch,(3) Sub-standard, (4) Doubtful, (5) Bad. In which, (3), (4), (5) are considered as non-performing loans.

5

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

6. LOAN SITUATION IN THE PAST 12 MONTHS (DD/MM/YYYY)(Unit: Million VND)
Month

Outstanding
debt

Credit Card debt

Total

Change6/2023

120,918

0120,918

N/A

7/2023

120,950

0120,950+32

8/2023

120,950

0120,95009/2023

120,950

0120,950010/2023

122,4080122,408+1,458

11/2023

122,3170122,317-91

12/2023

284,1640284,164+161,847

1/2024299,134

0299,134+14,970

2/2024

299,0920

299,092-42

3/2024422,0500422,050+122,958

4/2024

418,5090418,509-3,5415/2024421,9170421,917+3,408(*) : The total debt includes debt in foreign currency that was converted to Vietnamese Dong at theexchange rate on the date of the transaction.

7. SPECIAL MENTIONED DEBT HISTORY IN THE PAST 12
MONTHS (DD/MM/YYYY)※(2) of the following Classification of debts applied(1) Current/ Standard, (2) Special mentioned/ Watch, (3) Sub-standard, (4) Doubtful, (5) Bad.

No special mentioned debts in recent 12 months.

8. BAD DEBT HISTORY IN THE PAST 5 YEARS (DD/MM/YYYY)※(3), (4), (5) of the following Classification of debts applied(1) Current/ Standard, (2) Special mentioned/ Watch, (3) Sub-standard, (4) Doubtful, (5) Bad.

No bad debts in the past 5 years.
6

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

9. BOARD OF MANAGEMENT AND SHARE HOLDERS
Board of management (DD/MM/YYYY)
Name

Position

Born

EducationNationality

Mr. Do Cao B

General Director

1957

BachelorVietnamese

Mr. Nguyen Lam P

Deputy General Director

1963

Bachelor

Vietnamese

Mr. Do Son G

Chief Accountant

1981

Bachelor

Vietnamese

Major shareholders (DD/MM/YYYY)
No.

Shareholders

Nationality

Percentage of ordinary shares

1

Vietnam Sample Corporation

Vietnamese

65.25%

2

Mr. Do Bao A

Vietnamese

18.75%

3

Mr. Nguyen Van B

Vietnamese

16.00%

7

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

10. LINKAGE (DD/MM/YYYY)
No.

Branch/ Factory1

BranchHanoi, Vietnam

2

Factory

Hanoi, Vietnam

3

Sales officeHanoi, Vietnam

4ShowroomHanoi, Vietnam

No.

Subsidiary

1Hanoi, Vietnam

2Vietnam Sample Report of Banking & Financing
Services Co., Ltd.
Sample B Company Limited

3Sample C Joint Stock Company

Hai Phong, Vietnam

No.

Related company

Address

Address

Da Nang, Vietnam

Address
Ho Chi Minh, Vietnam

2Vietnam Sample Report of Telecom & PublicCo., Ltd.
Sample D Company Limited

3Sample E Company Limited

Binh Duong, Vietnam

1Dong Nai, Vietnam

8

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

11． BALANCE SHEET (The figures are fictitious for sample purposes)(Unit: Million VND)
2021

2022

2023

2,234,704.0

2,536,108.0

4,063,360.0

799,395.0

969,774.0

729,282.0

8,202.01,800.0

375,000.0

517,681.0

567,473.0

681,137.0

57,944.0

92,770.0

128,189.0

90,285.0

100,035.0

811,540.0-134,528.0-228,350.0-17,685.0

856,935.0

962,627.0

1,214,095.0

38,790.0

69,979.0

141,802.0

3,156,064.0

3,112,533.0

2,512,737.0

Long-term receivables from customers

20,807.0

34,280.0

15,877.0

Other long-term receivables

749,281.0

686,223.0

824.0

Fixed assets

753,707.0

696,401.0

881,500.0

Property investment

37,314.0

36,704.0

44,164.0

1,532,826.0

1,605,226.0

1,517,863.0

62,129.0

53,699.0

52,509.0

5,390,768.0

5,648,641.0

6,576,097.0

Current asset
Cash and cash equivalents
Short term investment
Shortinvestment
Trade term
receivables
Trade receivables
prepayment
prepayment
Other receivables
Trade
Other
receivables
Provisionfor bad debts
Provisionfor bad debts
Inventories
Tradeprepayment
Inventories
Other assets
Other
Long-termassets
Other assets
receivables
Long-term assets
receivables from customers
Long-term
receivables
Otherlong-term
Provision forbadreceivables
debtsfrom customers
Otherreceivables
Fixed long-term
assetsFixed assets
Inventories
Other assets
Long-term assets

Long-term financial investments
Other long - term assets
Total assets

9

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

2021

2022

2023

Liability

133,449.0

141,775.0

244,828.0

Current liability

131,404.0

114,755.0

207,805.0

Short-term borrowing and debts

4,530.0

6,580.0

5,721.0

Trade payables

27,129.0

40,051.0

52,557.0

Advances from customers

27,231.0

8,131.0

15,342.0

Other payables

72,514.0

59,993.0

134,185.0

Long-term liabilities

2,045.0

27,020.0

37,023.0

Trade payables

450.0

703.0

916.0

Other payables

365.0

24,217.0

33,567.0

1,230.0

2,100.0

2,540.0

Equity5,257,319.0

5,506,866.0

6,331,269.0

Owner's equity

5,192,317.0

5,439,526.0

6,262,360.0

4,000,000.0

4,000,000.0

4,000,000.0

Capital surplus

389,066.0

473,216.0

857,990.0

Other owners Equity

12,600.0

65,301.0

43,222.0

Assets revaluation difference

45,031.0

24,465.0

34,722.0

Business development funds

23,790.0

32,145.0

24,782.0

Financial reserved funds

43,900.0

56,700.0

63,400.0

Other fund belong to owner's equity

577,229.0

722,430.0

953,293.0

Retained earnings

50,892.0

14,951.0

234,226.0

Restructure funds

49,809.0

50,318.0

50,725.0

Budgets sources

65,002.0

67,340.0

68,909.0

0.0

0.0

0.0

5,390,768.0

5,648,641.0

6,576,097.0

Long term borrowings and debts

Contributed equity

Minority interest
Total liability and Equity

10

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

12. INCOME STATEMENT (The figures are fictitious for sample purposes)(Unit: Million VND)
2021

2022

2023

Net sales and services

1,207,738.0

1,278,149.0

1,891,105.0

Cost of goods sold1,200,223.0

1,210,624.0

1,684,231.0

7,515.0

67,525.0

206,874.0

Financial income

997,129.0

1,139,494.0

1,431,196.0

Financial costs

40,922.0

67,344.0

1,558.0

221.0

386.0

297.0

Selling expenses

56,922.0

84,814.0

137,457.0

General and Administrative Expenses

166,989.0

204,029.0

137,405.0

Net operating profit

739,811.0

850,832.0

1,361,650.0

Extraordinary income

10,501.0

30,942.0

5,468.0

Extraordinary expenses

20,022.0

24,718.0

33,615.0

Net Profit Before Tax

730,290.0

857,056.0

1,333,503.0

Income tax expense

9,860.0

10,017.0

10,416.0

0.0

0.0

0.0

720,430.0

847,039.0

1,323,087.0

Gross Profit

In Which: Interest expense

Income tax delay
Net Profit After Tax

11

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

13. FINANCIAL INDICATORS (The figures are fictitious for sample purposes)
RatiosProfitability Gross Profit Margin
ratiosOperating Profit Margin
Profit Before Tax Margin
Operating Return onAsset
Sales growthActivity
ratiosAsset Turnover
Inventory Turnover
Period (monthly)
Receivable Turnover
Period (monthly)

Formula Overview

2021

2022

2023

Gross Profit / Net Sales
Operating Profit / Net
Sales
Profit Before Tax/ Net
Sales

0.62%

5.28%

10.94%

61.26%

66.57%

72.00%

60.47%

67.05%

70.51%

13.72%

15.06%

20.71%

N/A

5.83%

47.96%Net Sales/ Asset

0.22

0.23

0.29

Inventory / Monthly Sales
Receivable/ Monthly
Sales

8.51

9.04

7.705.14

5.33

4.32

0.27

0.38

0.33

13.38

13.99

11.69

7.49

6.54

5.59

Equity / Total Asset

97.52%

97.49%

96.28%

Liquid Asset / Liquid
Debt

1700.64%2210.02%

1955.37%

Fixed Asset / Equity
Borrowings / Monthly
Sales
Operating Income /Interest expenses

14.34%

12.65%

13.92%

5.72%

8.15%

5.24%

3347.56

2204.234584.68

Operating Profit / Asset
Current net sales/
Previous net sales -1

Payable Turnover Period(monthly)
Payable /Monthly Sales
Monthly Inventory＋
Monthly Receivables
Cash Conversion Cycle－Monthly Payables(monthly)
Fixed Asset Turnover
Fixed Asset/ Monthly(monthly)
Sales

Financial
LeverageRatios

Equity To Asset Ratio

Current Ratio
Fixed Asset To EquityRatio
Borrowings To Sales(monthly)Interest Coverage Ratio(times)12

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

14. FINANCIAL CHARTS (Unit: Million VND)(The figures are fictitious for sample purposes)

13

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

15. THE TRANSITIONS OF NET SALES, NET PROFIT AFTER
TAX, TOTAL ASSETS AND EQUITY (Unit: Million VND)(The figures are fictitious for sample purposes)※Regarding NET SALES, NET PROFIT AFTER TAX, TOTAL ASSETS, AND EQUITY, the last
three years are the most up-to-date information available. Previous data represents the latest
information accessible at those respective points in time. It's possible that these figures have beenrevised since then, but those changes are not reflected here. This information is provided forreference purposes only.
NET SALESNET PROFIT AFTER TAX

14

VIETNAM SAMPLE REPORT JOINT STOCK COMPANYTOTAL ASSETSEQUITY15

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY

16. CREDIT RISK EVALUATION
Credit rating is a combination of financial information and non-financial information. These factors
include:Financial information

Non-financial information

Financial statusPrincipals

Payments

Management

Accumulated profitability

Scale of operations

Growth of revenue

Years in business

CREDIT RATING & RISK ANALYSIS

Year

Credit rating

Description

2021

AA

The company has VERY STRONG capacity to meet its financial
commitments but carries a higher risk than AAA companies

2022

A

The company has STRONG capacity to meet its financial
commitments, but has less stability than higher rated companies

2023

A

The company has STRONG capacity to meet its financial
commitments, but has less stability than higher rated companies

16

VIETNAM SAMPLE REPORT JOINT STOCK COMPANYAPPENDIXVIETNAM CREDIT RATING CRITERIAS
RatingSummary

AAAHighestAA

Very highA

High

BBB

GoodBB

B

CCC

Description
The company has EXCEPTIONAL STRONG capacity for timely
payment of all its financial commitments.
The company has VERY STRONG capacity to meet its financial
commitments but carries a higher risk than AAA companies.
The company has STRONG capacity to meet its financial
commitments, but has less stability than higher rated companies
The company has ADEQUATE capacity to meet financial
commitments but has less stability than higher rated companies.

Above

The company is expected to be VULNERABLE TO ADVERSE

Averagechanges in circumstances and economic conditions.

Average

The company’s stability is expected to be IMPAIRED by adversechanges in circumstances and economic conditions.

Below

The company’s capacity for meeting financial commitments isAverage

SOLELY RELIANT UPON favorable conditions

CCPoorThe company manages to operate but posing HIGH default risk.

CVery Poor

The company is posing VERY HIGH default risk.

DDefault

The company is DEFAULTED

17

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY.

Disclaimer
VERAC Company Limited (VERAC) has taken due care and caution in preparing this Report.
Information has been obtained from miscellaneous sources, which it considers reliable. However,
VERAC does not guarantee the accuracy, adequacy or completeness of any information and is
not responsible for any errors or omissions or for the results obtained from the use of suchinformation. VERAC is not liable for reader’s decisions, which may be based on the views
expressed in this Report. VERAC especially states that it has no financial liability whatsoever tothe subscribers/ users/ transmitters/ distributors of this Report. No part of this Report may be
published/ reproduced in any form without VERAC’s prior written approval.

VERAC Company Limited. (VERAC)
Address: 85 Hoang Sa Street, Da Kao Ward, District 1,
Ho Chi Minh City, Vietnam
Email: info@verac-vn.com
TEL: +84 (28) 2248-7770

18

VIETNAM SAMPLE REPORT JOINT STOCK COMPANY.