b)

- Net profit = Revenue - Expenses

Net profit in 2019: 2309.8 billion, an increase of 9.6% compared with 2107.3 billion in 2018

The company's performance is mild but the cabin is perfectly fine.

- Cost of goods sold is the cost used to buy goods sold by the company or the cost of raw materials and
labor, used to manufacture the products.

Cost of goods sold also increased slightly in 2019, specifically increased by 699.5 billion, equivalent to
34.45% compared to 2018 (2030.5 billion).

Gross profit

- Gross profit 2018 = Revenue - Cost of goods sold = 4,645,499,698,895-2,030,544,378,590 = 2615 B

- Gross profit margin 2018 (%) = Gross profit / Total revenue = 2615 / 4645.5 x100 = 56.3%

- Gross profit 2019 = Revenue - Cost of goods sold = 5,814,792,550,202-2,729,975,508,597 = 3084.8 B

- Gross profit margin 2019 (%) = Gross profit / Total revenue = 3084.8 / 5814.8x100 = 53.05%

From the above data it can be seen that although gross profit slightly increased from 2018 to 2019, the
gross profit margin decreased.

 The company's business performance slightly decreased, specifically 3%. The reason is that the new
supply is limited, the slow implementation of project procedures, the relatively high priced condotel
products also affect the transaction volume and there are not many policies to facilitate the
development of the product line

From Warren Buffet's point of view, companies with excellent long-term economic advantage operating
in a familiar sector tend to have more stable gross margins than companies with no advantages.

Depreciation

- Equipment and factory depreciation expenses are recognized in the income statement of the
enterprise in the depreciation section.

Specifically, 24.4 billion in 2018 and a slight increase in 2019 is 39 billion, an increase of 59.8% compared
to 2018. This figure is also relatively stable when in 2018, the depreciation rate increased by 59.5%
compared to 2017.

The company's competitive advantage is also more sustainable when the depreciation-to-gross profit
ratio is lower than that of competitors in the current real estate market.

Inventory

- DXG's inventories significantly increased to 47.5% in 2019 compared to a 35.44% increase in 2018
- The increase in real estate inventories will become a burden for businesses in particular and for the
economy in general. Inventory is mainly in the group of projects having legal problems, being stopped
implementing, unable to produce products, increasing the burden of costs and interest.

- Interest expenses also say this: nearly tripled in the period 2017-2018 (61 - 162.5) and reached 198.5
billion in 2019.