Tien Phong Plastic Joint Stock Com
No Interpretation Unit
End of 2021
results
Production and business results
1 Net revenue VND 4,995,476,207,069
2 Cost of goods sold VND 3,682,609,246,256
3 Gross profit VND 1,140,915,315,962
Managerial, administrative, and
4 VND 137,179,719,745
welfare salaries and bonuses
Selling and other general and
5 VND 437,437,678,262
administrative expenses (SG&A)
6 Financial expenses (interest expense) VND 75,814,295,391
7 Profit from operating activities VND 557,872,853,928
8 Business income tax expense 83,330,178,645
9 Net income VND 467,759,648,912
Cost of production and business by factors
10 Cost of raw materials VND 3,389,098,728,266
11 Labor costs VND 356,010,996,342
12 Subcontracting costs VND
Depreciation (including office and
13 VND 153,123,376,265
factory)
14 Taxes and fees VND 83,330,178,645
15 General and administrative expenses VND 247,875,714,069
Balance sheet
16 Current assets VND 2,721,738,069,056
17 Beginning inventory VND 644,121,936,470
18 Beginning work in process costs VND 89,105,990,601
19 Beginning inventory of raw materials VND
20 Beginning fixed assets VND 1,536,749,668,018
21 Ending current assets VND 2,721,738,069,056
22 Ending inventory of finished goods VND 1,081,529,963,899
23 Ending work in process costs VND 36,506,524,504
24 Ending inventory of raw materials VND
25 Ending fixed assets VND 1,463,914,085,124
26 Short-term liabilities VND 2,190,220,357,037
27 Long-term liabilities VND 16,720,597,523
28 Owner's equity VND 2,707,977,704,900
29 Number of full-time employees People
Phong Plastic Joint Stock Company
End of 2022
results
5,685,112,416,767
4,294,534,288,942
1,390,578,127,825
154,378,233,969
620,367,663,869
141,933,492,971
562,670,126,309
84,652,427,020
479,539,723,632
ctors
3,601,657,287,303
356,821,044,994
149,072,966,500
76,464,518,139
138,180,258,062
3,075,796,747,433
1,081,529,963,899
36,506,524,504
1,463,914,085,124
3,075,796,747,433
1,535,149,437,534
8,679,749,912
1,410,746,940,838
2,233,019,745,258
2,830,817,344,826
Productivity Performance
Indirect performance
1 Total Production/ Operation Output cost (TO)
2 Material cost (MC)
3 Total inputs cost (TI)
4 Internal cost (IC)
5 Added value (AV)
6 Added value (AV)
7 Depriciation
8 Labor cost (LC)
9 Net profit from business
10 Fixed asset (FA)
11 Current capital (CA)
12 Total capital (TC)
13 labor (LT)
PRODUCTIVITY INDICATORS
No. Productivity indicators
Overall productivity
1
Profitability
2
Labor Cost Efficiency
3
Average labor cost
4
Labor productivity measured by value added.
5
Fixed Capital Productivity (measured by value added)
6
7 Production process efficiency
Productivity Performance
Unit Formular
Net revenue + (Ending inventory -
VND Beginning inventory) + (Ending WIP -
Begging WIP)
Material consumption costs during the
VND
period.
Production costs during the period +
VND selling expenses + administrative expenses
of the company
Raw materials + Subcontracts + Costs of
VND using energy, electricity, water, and
external services
VND TO - IC
LC+Depreciation + Interest + Taxes +
VND
Profit from Operations
Accumulated depreciation of tangible and
intangible assets at the end of the period
VND minus the beginning of the period
(including
Total directtotal
and depreciation
indirect laborofcosts
production
equipment and office equipment)
(including all costs related to labor such as
VND salaries, bonuses, employee benefits,
insurance, entertainment, occupational
safety, lunch, etc.)
Net revenue - expenses (excluding
VND
inventory costs)
Average fixed assets (beginning of period
VND
+ end of period)/2
Average current assets (beginning of
VND
period + end of period)/2
VND Fixed assets + current assets.
labor (Beginning of period + End of period)/2
PRODUCTIVITY INDICATORS CALCULATION TABLE
Unit Formular
no. of times TO/TI
% OP/TO*100
no. of times AV/LC
Mill VND/labor LC/LT
Mill VND/labor AV/LT
no. of times AV/FA
no. of times AV/(TI-BIMS)
2022 Result
7,192,435,079,709
3,601,657,287,303
5,096,941,972,836
4,360,205,209,234
2,832,229,870,475
1,299,406,889,911
149,072,966,500
511,199,278,963
615,832,229,987
1,437,330,512,981
2,898,767,408,245
4,336,097,921,226
356,416,020,668
2022
1.41112751882224
7.82308244806243
2.54187934800481
1.43427693851949
3.64575892934227
0.904041817922623
1.76373292892028
