{"id":5101,"date":"2026-09-09T14:30:22","date_gmt":"2026-09-09T07:30:22","guid":{"rendered":"https:\/\/giaodichlienket.man.net.vn\/?p=5101"},"modified":"2026-09-09T14:30:22","modified_gmt":"2026-09-09T07:30:22","slug":"ebit-va-ebitda-khac-nhau-the-nao","status":"publish","type":"post","link":"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/","title":{"rendered":"EBIT\u548cEBITDA\u6709\u4ec0\u4e48\u533a\u522b\uff1f"},"content":{"rendered":"<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u00e0 c\u00e2u h\u1ecfi t\u01b0\u1edfng ch\u1eebng c\u01a1 b\u1ea3n nh\u01b0ng l\u1ea1i l\u00e0 \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u c\u1ee7a kh\u00f4ng \u00edt sai s\u00f3t nghi\u00eam tr\u1ecdng trong h\u1ed3 s\u01a1 thu\u1ebf c\u1ee7a doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft. T\u1eeb k\u1ef3 t\u00ednh thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p n\u0103m 2026, khi <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/thuvienphapluat.vn\/van-ban\/Doanh-nghiep\/Nghi-dinh-255-2026-ND-CP-quan-ly-thue-giao-dich-lien-ket-cua-doanh-nghiep-co-quan-he-lien-ket-713416.aspx\" rel=\"nofollow noopener\" target=\"_blank\">\u7b2c255\/2026\/ND-CP\u53f7\u6cd5\u4ee4<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> ch\u00ednh th\u1ee9c thay th\u1ebf khung ph\u00e1p l\u00fd c\u0169, vi\u1ec7c hi\u1ec3u sai b\u1ea3n ch\u1ea5t hai ch\u1ec9 ti\u00eau n\u00e0y c\u00f3 th\u1ec3 khi\u1ebfn doanh nghi\u1ec7p t\u00ednh nh\u1ea7m ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay, d\u1eabn t\u1edbi b\u1ecb lo\u1ea1i chi ph\u00ed, truy thu thu\u1ebf v\u00e0 m\u1ea5t quy\u1ec1n chuy\u1ec3n ti\u1ebfp. B\u00e0i vi\u1ebft d\u01b0\u1edbi \u0111\u00e2y h\u1ec7 th\u1ed1ng l\u1ea1i m\u1ed9t c\u00e1ch r\u00f5 r\u00e0ng, c\u00f3 c\u0103n c\u1ee9, \u0111\u1ec3 k\u1ebf to\u00e1n tr\u01b0\u1edfng v\u00e0 CFO kh\u00f4ng c\u00f2n nh\u1ea7m l\u1eabn gi\u1eefa hai kh\u00e1i ni\u1ec7m n\u00e0y.<\/span><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">\u6307\u6570<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"\u5207\u6362\u76ee\u5f55\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">\u5207\u6362<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewbox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewbox=\"0 0 24 24\" version=\"1.2\" baseprofile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Vi_sao_phan_biet_EBIT_va_EBITDA_khac_nhau_the_nao_lai_quan_trong_voi_doanh_nghiep_co_giao_dich_lien_ket\" >V\u00ec sao ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u1ea1i quan tr\u1ecdng v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Nham_lan_EBIT_voi_EBITDA_co_the_khien_doanh_nghiep_tinh_sai_nguong_chi_phi_lai_vay\" >Nh\u1ea7m l\u1eabn EBIT v\u1edbi EBITDA c\u00f3 th\u1ec3 khi\u1ebfn doanh nghi\u1ec7p t\u00ednh sai ng\u01b0\u1ee1ng chi ph\u00ed l\u00e3i vay<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Boi_canh_Nghi_dinh_2552026ND-CP_dat_EBITDA_vao_trung_tam_nghia_vu_thue\" >B\u1ed1i c\u1ea3nh Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP \u0111\u1eb7t EBITDA v\u00e0o trung t\u00e2m ngh\u0129a v\u1ee5 thu\u1ebf<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBIT_va_EBITDA_khac_nhau_the_nao_ve_ban_chat_va_cong_thuc_tinh\" >EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o v\u1ec1 b\u1ea3n ch\u1ea5t v\u00e0 c\u00f4ng th\u1ee9c t\u00ednh?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBIT_la_gi_Loi_nhuan_truoc_lai_vay_va_thue\" >EBIT l\u00e0 g\u00ec? L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBITDA_la_gi_Loi_nhuan_truoc_lai_vay_thue_va_khau_hao\" >EBITDA l\u00e0 g\u00ec? L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay, thu\u1ebf v\u00e0 kh\u1ea5u hao<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Cong_thuc_chuyen_doi_giua_EBIT_va_EBITDA\" >C\u00f4ng th\u1ee9c chuy\u1ec3n \u0111\u1ed5i gi\u1eefa EBIT v\u00e0 EBITDA<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Bang_so_sanh_EBIT_va_EBITDA_khac_nhau_the_nao_theo_tung_tieu_chi\" >B\u1ea3ng so s\u00e1nh EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o theo t\u1eebng ti\u00eau ch\u00ed<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBITDA_theo_thue_khac_EBITDA_theo_tai_chinh_nhu_the_nao\" >EBITDA theo thu\u1ebf kh\u00e1c EBITDA theo t\u00e0i ch\u00ednh nh\u01b0 th\u1ebf n\u00e0o?<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Vi_sao_cau_hoi_%E2%80%9CEBIT_va_EBITDA_khac_nhau_the_nao%E2%80%9D_chua_du_ma_con_phai_phan_biet_EBITDA_thue\" >V\u00ec sao c\u00e2u h\u1ecfi &#8220;EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o&#8221; ch\u01b0a \u0111\u1ee7 m\u00e0 c\u00f2n ph\u1ea3i ph\u00e2n bi\u1ec7t EBITDA thu\u1ebf<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Vi_du_minh_hoa_giua_EBIT_va_EBITDA_khac_nhau_the_nao_qua_so_lieu_thuc_te\" >V\u00ed d\u1ee5 minh h\u1ecda gi\u1eefa EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o qua s\u1ed1 li\u1ec7u th\u1ef1c t\u1ebf<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Vi_sao_doanh_nghiep_co_giao_dich_lien_ket_can_theo_doi_ca_EBIT_lan_EBITDA\" >V\u00ec sao doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft c\u1ea7n theo d\u00f5i c\u1ea3 EBIT l\u1eabn EBITDA<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#3_sai_lam_thuong_gap_khi_phan_biet_va_su_dung_EBIT_EBITDA_trong_ho_so_giao_dich_lien_ket\" >3 sai l\u1ea7m th\u01b0\u1eddng g\u1eb7p khi ph\u00e2n bi\u1ec7t v\u00e0 s\u1eed d\u1ee5ng EBIT, EBITDA trong h\u1ed3 s\u01a1 giao d\u1ecbch li\u00ean k\u1ebft<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Ket_luan\" >\u603b\u7ed3<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\" >\u8054\u7cfb\u4fe1\u606f MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Giai_dap_thac_mac_EBIT_va_EBITDA_khac_nhau_the_nao\" >Gi\u1ea3i \u0111\u00e1p th\u1eafc m\u1eafc EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBIT_va_EBITDA_khac_nhau_the_nao_o_diem_cot_loi_nhat\" >EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o \u1edf \u0111i\u1ec3m c\u1ed1t l\u00f5i nh\u1ea5t?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Vi_sao_luat_thue_dung_EBITDA_ma_khong_dung_EBIT_de_khong_che_chi_phi_lai_vay\" >V\u00ec sao lu\u1eadt thu\u1ebf d\u00f9ng EBITDA m\u00e0 kh\u00f4ng d\u00f9ng EBIT \u0111\u1ec3 kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#EBITDA_tai_chinh_va_EBITDA_thue_co_phai_la_mot_khong\" >EBITDA t\u00e0i ch\u00ednh v\u00e0 EBITDA thu\u1ebf c\u00f3 ph\u1ea3i l\u00e0 m\u1ed9t kh\u00f4ng?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Doanh_nghiep_co_tai_san_co_dinh_lon_thi_EBIT_va_EBITDA_chenh_lech_ra_sao\" >Doanh nghi\u1ec7p c\u00f3 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh l\u1edbn th\u00ec EBIT v\u00e0 EBITDA ch\u00eanh l\u1ec7ch ra sao?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/ebit-va-ebitda-khac-nhau-the-nao\/#Co_the_dung_EBIT_de_tinh_nguong_30_chi_phi_lai_vay_duoc_tru_khong\" >C\u00f3 th\u1ec3 d\u00f9ng EBIT \u0111\u1ec3 t\u00ednh ng\u01b0\u1ee1ng 30% chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb kh\u00f4ng?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_sao_phan_biet_EBIT_va_EBITDA_khac_nhau_the_nao_lai_quan_trong_voi_doanh_nghiep_co_giao_dich_lien_ket\"><\/span><b>V\u00ec sao ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u1ea1i quan tr\u1ecdng v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_5104\" aria-describedby=\"caption-attachment-5104\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5104\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket.jpg\" alt=\"Vi\u1ec7c ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u1ea1i quan tr\u1ecdng v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/Viec-phan-biet-EBIT-va-EBITDA-khac-nhau-the-nao-lai-quan-trong-voi-doanh-nghiep-co-giao-dich-lien-ket-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-5104\" class=\"wp-caption-text\">Vi\u1ec7c ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u1ea1i quan tr\u1ecdng v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Tr\u00ean b\u00e1o c\u00e1o t\u00e0i ch\u00ednh, EBIT v\u00e0 EBITDA th\u01b0\u1eddng \u0111\u1ee9ng c\u1ea1nh nhau, c\u00f9ng b\u1eaft ngu\u1ed3n t\u1eeb l\u1ee3i nhu\u1eadn kinh doanh, c\u00f9ng lo\u1ea1i b\u1ecf \u1ea3nh h\u01b0\u1edfng c\u1ee7a thu\u1ebf v\u00e0 l\u00e3i vay. Ch\u00ednh s\u1ef1 gi\u1ed1ng nhau \u0111\u00f3 khi\u1ebfn nhi\u1ec1u ng\u01b0\u1eddi l\u00e0m k\u1ebf to\u00e1n, th\u1eadm ch\u00ed c\u1ea3 CFO c\u00f3 kinh nghi\u1ec7m, coi hai ch\u1ec9 ti\u00eau n\u00e0y g\u1ea7n nh\u01b0 t\u01b0\u01a1ng \u0111\u01b0\u01a1ng v\u00e0 d\u00f9ng thay th\u1ebf cho nhau khi l\u1eadp b\u00e1o c\u00e1o qu\u1ea3n tr\u1ecb hay khi t\u00ednh to\u00e1n ngh\u0129a v\u1ee5 thu\u1ebf. \u0110\u00e2y l\u00e0 \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u c\u1ee7a r\u1ee7i ro.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Nham_lan_EBIT_voi_EBITDA_co_the_khien_doanh_nghiep_tinh_sai_nguong_chi_phi_lai_vay\"><\/span><b>Nh\u1ea7m l\u1eabn EBIT v\u1edbi EBITDA c\u00f3 th\u1ec3 khi\u1ebfn doanh nghi\u1ec7p t\u00ednh sai ng\u01b0\u1ee1ng chi ph\u00ed l\u00e3i vay<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Vi\u1ec7c kh\u00f4ng ph\u00e2n bi\u1ec7t r\u1ea1ch r\u00f2i EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o kh\u00f4ng ch\u1ec9 l\u00e0 l\u1ed7i thu\u1eadt ng\u1eef, m\u00e0 c\u00f2n \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn m\u1ed9t con s\u1ed1 c\u00f3 \u00fd ngh\u0129a ph\u00e1p l\u00fd: ng\u01b0\u1ee1ng 30% EBITDA d\u00f9ng \u0111\u1ec3 kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb khi t\u00ednh thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">N\u1ebfu doanh nghi\u1ec7p v\u00f4 t\u00ecnh d\u00f9ng EBIT thay cho EBITDA, ho\u1eb7c qu\u00ean c\u1ed9ng l\u1ea1i chi ph\u00ed kh\u1ea5u hao, k\u1ebft qu\u1ea3 t\u00ednh ra s\u1ebd l\u00e0 m\u1ed9t ng\u01b0\u1ee1ng sai, th\u1ea5p h\u01a1n ho\u1eb7c cao h\u01a1n th\u1ef1c t\u1ebf k\u00e9o theo ph\u1ea7n chi ph\u00ed l\u00e3i vay b\u1ecb lo\u1ea1i t\u00ednh sai, \u1ea3nh h\u01b0\u1edfng tr\u1ef1c ti\u1ebfp \u0111\u1ebfn s\u1ed1 thu\u1ebf ph\u1ea3i n\u1ed9p.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Boi_canh_Nghi_dinh_2552026ND-CP_dat_EBITDA_vao_trung_tam_nghia_vu_thue\"><\/span><b>B\u1ed1i c\u1ea3nh Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP \u0111\u1eb7t EBITDA v\u00e0o trung t\u00e2m ngh\u0129a v\u1ee5 thu\u1ebf<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP v\u1ec1 qu\u1ea3n l\u00fd thu\u1ebf \u0111\u1ed1i v\u1edbi doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft, c\u00f3 hi\u1ec7u l\u1ef1c t\u1eeb ng\u00e0y 01\/7\/2026 v\u00e0 \u00e1p d\u1ee5ng t\u1eeb k\u1ef3 t\u00ednh thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p n\u0103m 2026, ti\u1ebfp t\u1ee5c gi\u1eef nguy\u00ean c\u01a1 ch\u1ebf kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay \u1edf m\u1ee9c 30% EBITDA \u0111\u00e3 \u0111\u01b0\u1ee3c quy \u0111\u1ecbnh tr\u01b0\u1edbc \u0111\u00f3. \u0110i\u1ec1u n\u00e0y c\u00f3 ngh\u0129a l\u00e0 hi\u1ec3u \u0111\u00fang EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o kh\u00f4ng c\u00f2n l\u00e0 ki\u1ebfn th\u1ee9c t\u00e0i ch\u00ednh &#8220;n\u00ean bi\u1ebft&#8221;, m\u00e0 l\u00e0 \u0111i\u1ec1u ki\u1ec7n b\u1eaft bu\u1ed9c \u0111\u1ec3 k\u00ea khai \u0111\u00fang, tr\u00e1nh b\u1ecb c\u01a1 quan thu\u1ebf b\u00e1c b\u1ecf khi thanh tra.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBIT_va_EBITDA_khac_nhau_the_nao_ve_ban_chat_va_cong_thuc_tinh\"><\/span><b>EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o v\u1ec1 b\u1ea3n ch\u1ea5t v\u00e0 c\u00f4ng th\u1ee9c t\u00ednh?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u0110\u1ec3 tr\u1ea3 l\u1eddi tr\u1ecdn v\u1eb9n c\u00e2u h\u1ecfi EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o, c\u1ea7n t\u00e1ch b\u1ea1ch t\u1eebng ch\u1ec9 ti\u00eau t\u1eeb g\u1ed1c tr\u01b0\u1edbc khi so s\u00e1nh.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBIT_la_gi_Loi_nhuan_truoc_lai_vay_va_thue\"><\/span><b>EBIT l\u00e0 g\u00ec? L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">EBIT (Earnings Before Interest and Taxes) l\u00e0 l\u1ee3i nhu\u1eadn c\u1ee7a doanh nghi\u1ec7p tr\u01b0\u1edbc khi tr\u1eeb chi ph\u00ed l\u00e3i vay v\u00e0 thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p. N\u00f3i c\u00e1ch kh\u00e1c, EBIT ph\u1ea3n \u00e1nh kh\u1ea3 n\u0103ng sinh l\u1eddi t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i, sau khi \u0111\u00e3 tr\u1eeb h\u1ebft c\u00e1c chi ph\u00ed v\u1eadn h\u00e0nh th\u00f4ng th\u01b0\u1eddng, bao g\u1ed3m c\u1ea3 chi ph\u00ed kh\u1ea5u hao t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh nh\u01b0ng ch\u01b0a t\u00ednh \u0111\u1ebfn c\u00e1ch doanh nghi\u1ec7p huy \u0111\u1ed9ng v\u1ed1n (vay hay g\u00f3p v\u1ed1n) v\u00e0 ngh\u0129a v\u1ee5 thu\u1ebf ph\u1ea3i n\u1ed9p.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">C\u00f4ng th\u1ee9c \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBIT = L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf + Chi ph\u00ed l\u00e3i vay<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Ho\u1eb7c t\u00ednh t\u1eeb doanh thu:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBIT = Doanh thu thu\u1ea7n &#8211; Gi\u00e1 v\u1ed1n h\u00e0ng b\u00e1n &#8211; Chi ph\u00ed b\u00e1n h\u00e0ng &#8211; Chi ph\u00ed qu\u1ea3n l\u00fd doanh nghi\u1ec7p<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBITDA_la_gi_Loi_nhuan_truoc_lai_vay_thue_va_khau_hao\"><\/span><b>EBITDA l\u00e0 g\u00ec? L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay, thu\u1ebf v\u00e0 kh\u1ea5u hao<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortization) \u0111i xa h\u01a1n EBIT m\u1ed9t b\u01b0\u1edbc: c\u1ed9ng th\u00eam chi ph\u00ed kh\u1ea5u hao t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh h\u1eefu h\u00ecnh v\u00e0 chi ph\u00ed ph\u00e2n b\u1ed5 t\u00e0i s\u1ea3n v\u00f4 h\u00ecnh. \u0110\u00e2y ch\u00ednh l\u00e0 \u0111i\u1ec3m kh\u00e1c bi\u1ec7t c\u1ed1t l\u00f5i tr\u1ea3 l\u1eddi cho c\u00e2u h\u1ecfi EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o. EBITDA lo\u1ea1i b\u1ecf c\u1ea3 \u1ea3nh h\u01b0\u1edfng c\u1ee7a ch\u00ednh s\u00e1ch kh\u1ea5u hao, v\u1ed1n ph\u1ee5 thu\u1ed9c v\u00e0o c\u00e1ch doanh nghi\u1ec7p l\u1ef1a ch\u1ecdn ph\u01b0\u01a1ng ph\u00e1p v\u00e0 th\u1eddi gian tr\u00edch kh\u1ea5u hao, ch\u1ee9 kh\u00f4ng ph\u1ea3n \u00e1nh d\u00f2ng ti\u1ec1n th\u1ef1c chi trong k\u1ef3.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u98df\u8c31\uff1a<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBITDA = EBIT + Chi ph\u00ed kh\u1ea5u hao v\u00e0 ph\u00e2n b\u1ed5<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Cong_thuc_chuyen_doi_giua_EBIT_va_EBITDA\"><\/span><b>C\u00f4ng th\u1ee9c chuy\u1ec3n \u0111\u1ed5i gi\u1eefa EBIT v\u00e0 EBITDA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">T\u1eeb hai c\u00f4ng th\u1ee9c tr\u00ean, c\u00f3 th\u1ec3 th\u1ea5y m\u1ed1i quan h\u1ec7 gi\u1eefa hai ch\u1ec9 ti\u00eau r\u1ea5t \u0111\u01a1n gi\u1ea3n v\u1ec1 m\u1eb7t s\u1ed1 h\u1ecdc nh\u01b0ng l\u1ea1i t\u1ea1o ra kh\u00e1c bi\u1ec7t \u0111\u00e1ng k\u1ec3 v\u1ec1 \u00fd ngh\u0129a: EBITDA lu\u00f4n l\u1edbn h\u01a1n ho\u1eb7c b\u1eb1ng EBIT, v\u00e0 ph\u1ea7n ch\u00eanh l\u1ec7ch ch\u00ednh b\u1eb1ng chi ph\u00ed kh\u1ea5u hao ph\u00e1t sinh trong k\u1ef3.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">V\u1edbi doanh nghi\u1ec7p c\u00f3 t\u1ef7 tr\u1ecdng t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh l\u1edbn nh\u01b0 nh\u00e0 m\u00e1y, d\u00e2y chuy\u1ec1n s\u1ea3n xu\u1ea5t, b\u1ea5t \u0111\u1ed9ng s\u1ea3n \u0111\u1ea7u t\u01b0 th\u00ec kho\u1ea3ng c\u00e1ch gi\u1eefa EBIT v\u00e0 EBITDA c\u00f3 th\u1ec3 r\u1ea5t l\u1edbn, v\u00e0 \u0111\u00e2y ch\u00ednh l\u00e0 l\u00fd do v\u00ec sao vi\u1ec7c ph\u00e2n bi\u1ec7t EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u1ea1i quan tr\u1ecdng h\u01a1n nhi\u1ec1u so v\u1edbi m\u1ed9t c\u00e2u h\u1ecfi thu\u1eadt ng\u1eef th\u00f4ng th\u01b0\u1eddng.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Bang_so_sanh_EBIT_va_EBITDA_khac_nhau_the_nao_theo_tung_tieu_chi\"><\/span><b>B\u1ea3ng so s\u00e1nh EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o theo t\u1eebng ti\u00eau ch\u00ed<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u0110\u1ec3 d\u1ec5 h\u00ecnh dung EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o m\u00e0 kh\u00f4ng c\u1ea7n \u0111\u1ecdc l\u1ea1i to\u00e0n b\u1ed9 c\u00f4ng th\u1ee9c, b\u1ea3ng d\u01b0\u1edbi \u0111\u00e2y \u0111\u1ed1i chi\u1ebfu hai ch\u1ec9 ti\u00eau theo s\u00e1u ti\u00eau ch\u00ed th\u01b0\u1eddng g\u1eb7p trong th\u1ef1c t\u1ebf qu\u1ea3n tr\u1ecb v\u00e0 th\u1ef1c t\u1ebf thu\u1ebf, t\u1eeb c\u00e1ch t\u00ednh, m\u1ee9c \u0111\u1ed9 ph\u1ea3n \u00e1nh d\u00f2ng ti\u1ec1n, \u0111\u1ebfn vai tr\u00f2 c\u1ee7a t\u1eebng ch\u1ec9 ti\u00eau khi x\u00e1c \u0111\u1ecbnh ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay:\u00a0<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<caption><span style=\"font-weight: 400;\">B\u1ea3ng so s\u00e1nh \u0111i\u1ec3m kh\u00e1c bi\u1ec7t gi\u1eefa EBIT v\u00e0 EBITDA.<\/span><\/caption>\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>\u6807\u51c6<\/b><\/td>\n<td style=\"text-align: center;\"><b>\u606f\u7a0e\u524d\u5229\u6da6<\/b><\/td>\n<td style=\"text-align: center;\"><b>\u606f\u7a0e\u6298\u65e7\u644a\u9500\u524d\u5229\u6da6<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">T\u00ean \u0111\u1ea7y \u0111\u1ee7<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">L\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay, thu\u1ebf v\u00e0 kh\u1ea5u hao\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">C\u00f3 tr\u1eeb chi ph\u00ed kh\u1ea5u hao kh\u00f4ng<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">\u6709\u00a0<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">\u4e0d\u662f\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Ph\u1ea3n \u00e1nh d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng\u00a0<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">G\u1eafn v\u1edbi d\u00f2ng ti\u1ec1n h\u01a1n EBT nh\u01b0ng v\u1eabn b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi ch\u00ednh s\u00e1ch kh\u1ea5u hao\u00a0<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Lo\u1ea1i b\u1ecf \u1ea3nh h\u01b0\u1edfng kh\u1ea5u hao, g\u1ea7n v\u1edbi d\u00f2ng ti\u1ec1n ho\u1ea1t \u0111\u1ed9ng th\u1ef1c t\u1ebf h\u01a1n<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">D\u00f9ng \u0111\u1ec3 so s\u00e1nh gi\u1eefa c\u00e1c doanh nghi\u1ec7p c\u00f3 c\u01a1 c\u1ea5u t\u00e0i s\u1ea3n kh\u00e1c nhau<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">K\u00e9m ph\u00f9 h\u1ee3p h\u01a1n v\u00ec ch\u00ednh s\u00e1ch kh\u1ea5u hao kh\u00e1c nhau<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Ph\u00f9 h\u1ee3p h\u01a1n \u0111\u1ec3 so s\u00e1nh kh\u1ea3 n\u0103ng sinh l\u1eddi c\u1ed1t l\u00f5i\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Vai tr\u00f2 trong x\u00e1c \u0111\u1ecbnh ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Kh\u00f4ng tr\u1ef1c ti\u1ebfp s\u1eed d\u1ee5ng<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">L\u00e0 c\u1ea5u ph\u1ea7n b\u1eaft bu\u1ed9c trong c\u00f4ng th\u1ee9c t\u00ednh ng\u01b0\u1ee1ng 30%<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">M\u1ee9c \u0111\u1ed9 nh\u1ea1y v\u1edbi quy m\u00f4 \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh\u00a0<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">B\u1ecb k\u00e9o gi\u1ea3m khi kh\u1ea5u hao l\u1edbn\u00a0<\/span><\/td>\n<td style=\"text-align: left;\"><span style=\"font-weight: 400;\">Kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi bi\u1ebfn \u0111\u1ed9ng kh\u1ea5u hao\u00a0<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Nh\u00ecn v\u00e0o b\u1ea3ng tr\u00ean, c\u00f3 th\u1ec3 t\u00f3m g\u1ecdn c\u00e2u tr\u1ea3 l\u1eddi cho EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o b\u1eb1ng m\u1ed9t c\u00e2u: EBIT \u0111o l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng sau kh\u1ea5u hao, c\u00f2n EBITDA \u0111o l\u1ee3i nhu\u1eadn ho\u1ea1t \u0111\u1ed9ng tr\u01b0\u1edbc kh\u1ea5u hao v\u00e0 ch\u00ednh ph\u1ea7n &#8220;tr\u01b0\u1edbc kh\u1ea5u hao&#8221; \u0111\u00f3 l\u00e0 l\u00fd do EBITDA \u0111\u01b0\u1ee3c lu\u1eadt thu\u1ebf l\u1ef1a ch\u1ecdn l\u00e0m c\u01a1 s\u1edf kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay, ch\u1ee9 kh\u00f4ng ph\u1ea3i EBIT.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBITDA_theo_thue_khac_EBITDA_theo_tai_chinh_nhu_the_nao\"><\/span><b>EBITDA theo thu\u1ebf kh\u00e1c EBITDA theo t\u00e0i ch\u00ednh nh\u01b0 th\u1ebf n\u00e0o?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Tr\u1ea3 l\u1eddi \u0111\u01b0\u1ee3c c\u00e2u h\u1ecfi EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o \u1edf g\u00f3c \u0111\u1ed9 t\u00e0i ch\u00ednh doanh nghi\u1ec7p m\u1edbi ch\u1ec9 l\u00e0 b\u01b0\u1edbc \u0111\u1ea7u. Khi \u00e1p d\u1ee5ng v\u00e0o ngh\u0129a v\u1ee5 thu\u1ebf, doanh nghi\u1ec7p c\u00f2n ph\u1ea3i \u0111\u1ed1i di\u1ec7n m\u1ed9t l\u1edbp ph\u00e2n bi\u1ec7t th\u1ee9 hai: EBITDA theo c\u00e1ch hi\u1ec3u qu\u1ea3n tr\u1ecb th\u00f4ng th\u01b0\u1eddng kh\u00e1c v\u1edbi EBITDA thu\u1ebf \u0111\u01b0\u1ee3c quy \u0111\u1ecbnh t\u1ea1i kho\u1ea3n 3 \u0110i\u1ec1u 16 Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_sao_cau_hoi_%E2%80%9CEBIT_va_EBITDA_khac_nhau_the_nao%E2%80%9D_chua_du_ma_con_phai_phan_biet_EBITDA_thue\"><\/span><b>V\u00ec sao c\u00e2u h\u1ecfi &#8220;EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o&#8221; ch\u01b0a \u0111\u1ee7 m\u00e0 c\u00f2n ph\u1ea3i ph\u00e2n bi\u1ec7t EBITDA thu\u1ebf<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Theo quy \u0111\u1ecbnh, EBITDA thu\u1ebf \u0111\u01b0\u1ee3c x\u00e1c \u0111\u1ecbnh b\u1eb1ng:<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u201cT\u1ed5ng l\u1ee3i nhu\u1eadn thu\u1ea7n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh trong k\u1ef3, c\u1ed9ng chi ph\u00ed l\u00e3i vay sau khi \u0111\u00e3 tr\u1eeb l\u00e3i ti\u1ec1n g\u1eedi v\u00e0 l\u00e3i cho vay ph\u00e1t sinh trong k\u1ef3, c\u1ed9ng chi ph\u00ed kh\u1ea5u hao ph\u00e1t sinh trong k\u1ef3.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u00a0Hai kh\u00e1c bi\u1ec7t l\u1edbn nh\u1ea5t so v\u1edbi EBITDA qu\u1ea3n tr\u1ecb th\u00f4ng th\u01b0\u1eddng l\u00e0:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u0110i\u1ec3m xu\u1ea5t ph\u00e1t l\u00e0 l\u1ee3i nhu\u1eadn thu\u1ea7n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh<\/b><span style=\"font-weight: 400;\">, ch\u1ee9 kh\u00f4ng ph\u1ea3i l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf n\u00f3i chung, ngh\u0129a l\u00e0 thu nh\u1eadp kh\u00e1c v\u00e0 chi ph\u00ed kh\u00e1c (nh\u01b0 l\u00e3i thanh l\u00fd t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh) kh\u00f4ng \u0111\u01b0\u1ee3c \u0111\u01b0a v\u00e0o.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>C\u1ea5u ph\u1ea7n l\u00e3i vay c\u1ed9ng l\u1ea1i l\u00e0 l\u00e3i vay thu\u1ea7n<\/b><span style=\"font-weight: 400;\">, sau khi \u0111\u00e3 b\u00f9 tr\u1eeb l\u00e3i ti\u1ec1n g\u1eedi v\u00e0 l\u00e3i cho vay, kh\u00f4ng ph\u1ea3i chi ph\u00ed l\u00e3i vay g\u1ed9p tr\u00ean s\u1ed5 s\u00e1ch.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Doanh nghi\u1ec7p mu\u1ed1n n\u1eafm ch\u1eafc<\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/cong-thuc-tinh-ebitda\/\"> c\u00f4ng th\u1ee9c t\u00ednh EBITDA<\/a><\/span><\/strong><span style=\"font-weight: 400;\"> chu\u1ea9n theo quy \u0111\u1ecbnh thu\u1ebf hi\u1ec7n h\u00e0nh n\u00ean \u0111\u1ed1i chi\u1ebfu k\u1ef9 hai \u0111i\u1ec3m kh\u00e1c bi\u1ec7t n\u00e0y tr\u01b0\u1edbc khi \u0111\u01b0a s\u1ed1 li\u1ec7u v\u00e0o t\u1edd khai quy\u1ebft to\u00e1n, tr\u00e1nh t\u00ecnh tr\u1ea1ng l\u1ea5y nh\u1ea7m EBITDA t\u00e0i ch\u00ednh \u0111\u1ec3 t\u00ednh ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_du_minh_hoa_giua_EBIT_va_EBITDA_khac_nhau_the_nao_qua_so_lieu_thuc_te\"><\/span><b>V\u00ed d\u1ee5 minh h\u1ecda gi\u1eefa EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o qua s\u1ed1 li\u1ec7u th\u1ef1c t\u1ebf<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u0110\u1ec3 th\u1ea5y r\u00f5 EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o tr\u00ean m\u1ed9t b\u1ed9 s\u1ed1 li\u1ec7u c\u1ee5 th\u1ec3, h\u00e3y x\u00e9t C\u00f4ng ty B l\u00e0 doanh nghi\u1ec7p s\u1ea3n xu\u1ea5t c\u00f3 vay v\u1ed1n t\u1eeb c\u00f4ng ty m\u1eb9 \u1edf n\u01b0\u1edbc ngo\u00e0i, k\u1ef3 t\u00ednh thu\u1ebf 2026:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td style=\"text-align: center;\"><b>\u6307\u6807<\/b><\/td>\n<td style=\"text-align: center;\"><b>\u91d1\u989d\uff08\u5341\u4ebf\u8d8a\u5357\u76fe\uff09<\/b><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u51c0\u8425\u4e1a\u5229\u6da6\u00a0<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">40<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u672c\u671f\u95f4\u53d1\u751f\u7684\u5229\u606f\u652f\u51fa<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">35<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u5b58\u6b3e\u5229\u606f + \u8d37\u6b3e\u5229\u606f<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">5<\/span><\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">\u672c\u671f\u6298\u65e7\u8d39\u7528<\/span><\/td>\n<td style=\"text-align: center;\"><span style=\"font-weight: 400;\">15<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">X\u00e1c \u0111\u1ecbnh EBIT:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBIT = L\u1ee3i nhu\u1eadn thu\u1ea7n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh + Chi ph\u00ed l\u00e3i vay = 75 t\u1ef7 \u0111\u1ed3ng<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">T\u00ednh EBITDA:<\/span><\/p>\n<table style=\"width: 100%; border-color: #000000;\" border=\"1\" cellspacing=\"2\" cellpadding=\"12\">\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">EBITDA = EBIT + Chi ph\u00ed kh\u1ea5u hao = 90 t\u1ef7 \u0111\u1ed3ng<\/span><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">T\u00ednh EBITDA thu\u1ebf (theo kho\u1ea3n 3 \u0110i\u1ec1u 16 Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP):<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Chi ph\u00ed l\u00e3i vay thu\u1ea7n = 35 \u2212 5 = 30 t\u1ef7 \u0111\u1ed3ng<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">EBITDA thu\u1ebf = 40 + 30 + 15 = 85 t\u1ef7 \u0111\u1ed3ng<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Ch\u1ec9 v\u1edbi m\u1ed9t b\u1ed9 s\u1ed1 li\u1ec7u, ba k\u1ebft qu\u1ea3 kh\u00e1c nhau, \u0111\u00e3 cho th\u1ea5y r\u00f5 r\u00e0ng EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o, \u0111\u1ed3ng th\u1eddi cho th\u1ea5y v\u00ec sao doanh nghi\u1ec7p kh\u00f4ng th\u1ec3 d\u00f9ng EBITDA t\u00e0i ch\u00ednh thay cho EBITDA thu\u1ebf khi t\u00ednh ng\u01b0\u1ee1ng 30%. N\u1ebfu C\u00f4ng ty B nh\u1ea7m l\u1eabn d\u00f9ng con s\u1ed1 90 t\u1ef7 \u0111\u1ed3ng thay v\u00ec 85 t\u1ef7 \u0111\u1ed3ng, ng\u01b0\u1ee1ng \u0111\u01b0\u1ee3c tr\u1eeb s\u1ebd b\u1ecb t\u00ednh cao h\u01a1n th\u1ef1c t\u1ebf 1.5 t\u1ef7 \u0111\u1ed3ng (30% ch\u00eanh l\u1ec7ch 5 t\u1ef7 \u0111\u1ed3ng), d\u1eabn \u0111\u1ebfn khai thi\u1ebfu ph\u1ea7n chi ph\u00ed l\u00e3i vay ph\u1ea3i lo\u1ea1i.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_sao_doanh_nghiep_co_giao_dich_lien_ket_can_theo_doi_ca_EBIT_lan_EBITDA\"><\/span><b>V\u00ec sao doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft c\u1ea7n theo d\u00f5i c\u1ea3 EBIT l\u1eabn EBITDA<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<figure id=\"attachment_5103\" aria-describedby=\"caption-attachment-5103\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-5103\" src=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2.jpg\" alt=\"EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o v\u00e0 l\u00fd do doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft c\u1ea7n theo d\u00f5i c\u1ea3 2\" width=\"1200\" height=\"675\" srcset=\"https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2.jpg 1200w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2-300x169.jpg 300w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2-1024x576.jpg 1024w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2-768x432.jpg 768w, https:\/\/giaodichlienket.man.net.vn\/wp-content\/uploads\/2026\/09\/EBIT-va-EBITDA-khac-nhau-the-nao-va-ly-do-doanh-nghiep-co-giao-dich-lien-ket-can-theo-doi-ca-2-18x10.jpg 18w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption id=\"caption-attachment-5103\" class=\"wp-caption-text\">EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o v\u00e0 l\u00fd do doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft c\u1ea7n theo d\u00f5i c\u1ea3 2<\/figcaption><\/figure>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Kh\u00f4ng ch\u1ec9 d\u1eebng \u1edf vi\u1ec7c tr\u1ea3 l\u1eddi EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o cho m\u1ee5c \u0111\u00edch t\u00ednh thu\u1ebf, doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft c\u00f2n c\u1ea7n theo d\u00f5i song song hai ch\u1ec9 ti\u00eau n\u00e0y v\u00ec c\u00e1c l\u00fd do sau:<\/span><\/p>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EBIT gi\u00fap \u0111\u00e1nh gi\u00e1 hi\u1ec7u qu\u1ea3 ho\u1ea1t \u0111\u1ed9ng th\u1ef1c ch\u1ea5t<\/b><span style=\"font-weight: 400;\">, lo\u1ea1i tr\u1eeb t\u00e1c \u0111\u1ed9ng c\u1ee7a c\u1ea5u tr\u00fac v\u1ed1n nh\u01b0ng v\u1eabn ph\u1ea3n \u00e1nh g\u00e1nh n\u1eb7ng \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh, h\u1eefu \u00edch khi so s\u00e1nh hi\u1ec7u qu\u1ea3 kinh doanh gi\u1eefa c\u00e1c n\u0103m ho\u1eb7c gi\u1eefa c\u00e1c \u0111\u01a1n v\u1ecb th\u00e0nh vi\u00ean trong c\u00f9ng t\u1eadp \u0111o\u00e0n.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>EBITDA l\u00e0 n\u1ec1n t\u1ea3ng b\u1eaft bu\u1ed9c \u0111\u1ec3 x\u00e1c \u0111\u1ecbnh ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf<\/b><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-giao-dich-lien-ket\/\"> \u5173\u8054\u65b9\u4ea4\u6613\u4e2d\u7684\u5229\u606f\u652f\u51fa<\/a><\/span><\/strong><span style=\"font-weight: 400;\">, \u0111\u1eb7c bi\u1ec7t v\u1edbi c\u00e1c doanh nghi\u1ec7p c\u00f3 kho\u1ea3n vay t\u1eeb c\u00f4ng ty m\u1eb9, c\u00f4ng ty li\u00ean k\u1ebft ho\u1eb7c c\u00e1 nh\u00e2n c\u00f3 quan h\u1ec7 th\u00e2n nh\u00e2n v\u1edbi ng\u01b0\u1eddi \u0111i\u1ec1u h\u00e0nh.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Theo d\u00f5i c\u1ea3 hai ch\u1ec9 ti\u00eau qua nhi\u1ec1u k\u1ef3<\/b><span style=\"font-weight: 400;\"> gi\u00fap doanh nghi\u1ec7p d\u1ef1 b\u00e1o tr\u01b0\u1edbc th\u1eddi \u0111i\u1ec3m chi ph\u00ed l\u00e3i vay c\u00f3 nguy c\u01a1 v\u01b0\u1ee3t ng\u01b0\u1ee1ng, t\u1eeb \u0111\u00f3 ch\u1ee7 \u0111\u1ed9ng \u0111i\u1ec1u ch\u1ec9nh k\u1ebf ho\u1ea1ch vay v\u1ed1n ho\u1eb7c c\u01a1 c\u1ea5u t\u00e0i s\u1ea3n tr\u01b0\u1edbc khi ph\u00e1t sinh ph\u1ea7n<\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/chi-phi-lai-vay-khong-duoc-tru\/\"> chi ph\u00ed l\u00e3i vay kh\u00f4ng \u0111\u01b0\u1ee3c tr\u1eeb<\/a><\/span><\/strong><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">N\u00f3i c\u00e1ch kh\u00e1c, n\u1eafm v\u1eefng EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o kh\u00f4ng ch\u1ec9 ph\u1ee5c v\u1ee5 vi\u1ec7c quy\u1ebft to\u00e1n m\u1ed9t k\u1ef3, m\u00e0 c\u00f2n l\u00e0 c\u00f4ng c\u1ee5 ho\u1ea1ch \u0111\u1ecbnh t\u00e0i ch\u00ednh nhi\u1ec1u n\u0103m cho doanh nghi\u1ec7p c\u00f3 quan h\u1ec7 li\u00ean k\u1ebft.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"3_sai_lam_thuong_gap_khi_phan_biet_va_su_dung_EBIT_EBITDA_trong_ho_so_giao_dich_lien_ket\"><\/span><b>3 sai l\u1ea7m th\u01b0\u1eddng g\u1eb7p khi ph\u00e2n bi\u1ec7t v\u00e0 s\u1eed d\u1ee5ng EBIT, EBITDA trong h\u1ed3 s\u01a1 giao d\u1ecbch li\u00ean k\u1ebft<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\">M\u1ed9t, d\u00f9ng EBIT thay cho EBITDA khi t\u00ednh ng\u01b0\u1ee1ng 30%. \u0110\u00e2y l\u00e0 l\u1ed7i g\u1ed1c r\u1ec5 c\u1ee7a vi\u1ec7c ch\u01b0a hi\u1ec3u EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o. B\u1ecf s\u00f3t chi ph\u00ed kh\u1ea5u hao khi\u1ebfn m\u1eabu s\u1ed1 b\u1ecb t\u00ednh th\u1ea5p h\u01a1n th\u1ef1c t\u1ebf, l\u00e0m ng\u01b0\u1ee1ng \u0111\u01b0\u1ee3c tr\u1eeb nh\u1ecf \u0111i v\u00e0 ph\u1ea7n chi ph\u00ed l\u00e3i vay b\u1ecb lo\u1ea1i t\u0103ng l\u00ean kh\u00f4ng c\u1ea7n thi\u1ebft.<\/p>\n<p style=\"text-align: justify;\">Hai, l\u1ea5y EBITDA t\u00e0i ch\u00ednh thay cho EBITDA thu\u1ebf. Kh\u00f4ng lo\u1ea1i thu nh\u1eadp kh\u00e1c, kh\u00f4ng b\u00f9 tr\u1eeb l\u00e3i ti\u1ec1n g\u1eedi v\u00e0 l\u00e3i cho vay \u1edf \u0111\u00fang ch\u1ed7 khi\u1ebfn con s\u1ed1 t\u00ednh ra sai l\u1ec7ch so v\u1edbi quy \u0111\u1ecbnh t\u1ea1i kho\u1ea3n 3 \u0110i\u1ec1u 16 Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP, d\u1eabn \u0111\u1ebfn r\u1ee7i ro b\u1ecb \u1ea5n \u0111\u1ecbnh l\u1ea1i khi thanh tra.<\/p>\n<p style=\"text-align: justify;\">Ba, kh\u00f4ng l\u01b0u b\u1ea3ng \u0111\u1ed1i chi\u1ebfu gi\u1eefa EBIT, EBITDA t\u00e0i ch\u00ednh v\u00e0 EBITDA thu\u1ebf. Khi gi\u1ea3i tr\u00ecnh v\u1edbi c\u01a1 quan thu\u1ebf, n\u1ebfu doanh nghi\u1ec7p kh\u00f4ng th\u1ec3 hi\u1ec7n r\u00f5 t\u1eebng b\u01b0\u1edbc chuy\u1ec3n \u0111\u1ed5i gi\u1eefa c\u00e1c ch\u1ec9 ti\u00eau, vi\u1ec7c ch\u1ee9ng minh c\u00e1ch t\u00ednh \u0111\u00fang ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf s\u1ebd kh\u00f3 kh\u0103n h\u01a1n nhi\u1ec1u, k\u1ec3 c\u1ea3 khi b\u1ea3n ch\u1ea5t s\u1ed1 li\u1ec7u l\u00e0 ch\u00ednh x\u00e1c. Vi\u1ec7c<span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/xu-ly-tien-lai-vay-vuot-nguong-30-ebitda\/\"> x\u1eed l\u00fd ti\u1ec1n l\u00e3i vay v\u01b0\u1ee3t ng\u01b0\u1ee1ng 30% EBITDA<\/a><\/span> \u0111\u00fang quy tr\u00ecnh lu\u00f4n b\u1eaft \u0111\u1ea7u t\u1eeb m\u1ed9t b\u1ea3ng t\u00ednh minh b\u1ea1ch, c\u00f3 c\u0103n c\u1ee9 \u0111\u1ed1i chi\u1ebfu r\u00f5 r\u00e0ng.<\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ket_luan\"><\/span><b>\u603b\u7ed3<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">C\u00e2u h\u1ecfi EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o t\u01b0\u1edfng ch\u1eebng \u0111\u01a1n gi\u1ea3n nh\u01b0ng l\u1ea1i l\u00e0 n\u1ec1n m\u00f3ng c\u1ee7a to\u00e0n b\u1ed9 quy tr\u00ecnh x\u00e1c \u0111\u1ecbnh ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay theo Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP. Ba \u0111i\u1ec1u c\u1ea7n ghi nh\u1edb: EBIT l\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc l\u00e3i vay v\u00e0 thu\u1ebf, c\u00f2n EBITDA c\u1ed9ng th\u00eam chi ph\u00ed kh\u1ea5u hao; lu\u1eadt thu\u1ebf ch\u1ec9 s\u1eed d\u1ee5ng EBITDA. C\u1ee5 th\u1ec3 l\u00e0 EBITDA thu\u1ebf v\u1edbi c\u00f4ng th\u1ee9c ri\u00eang ch\u1ee9 kh\u00f4ng d\u00f9ng EBIT l\u00e0m c\u01a1 s\u1edf t\u00ednh ng\u01b0\u1ee1ng 30%; v\u00e0 kho\u1ea3ng c\u00e1ch gi\u1eefa EBITDA t\u00e0i ch\u00ednh v\u1edbi EBITDA thu\u1ebf \u0111\u1ee7 l\u1edbn \u0111\u1ec3 l\u00e0m thay \u0111\u1ed5i k\u1ebft qu\u1ea3 t\u00ednh to\u00e1n n\u1ebfu doanh nghi\u1ec7p kh\u00f4ng t\u00e1ch b\u1ea1ch r\u00f5 r\u00e0ng.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">N\u1ebfu doanh nghi\u1ec7p v\u1eabn c\u00f2n b\u0103n kho\u0103n v\u1ec1 c\u00e1ch t\u00ednh EBITDA thu\u1ebf, c\u00e1ch x\u00e1c \u0111\u1ecbnh chi ph\u00ed l\u00e3i vay thu\u1ea7n hay c\u00e1ch x\u1eed l\u00fd ph\u1ea7n chi ph\u00ed v\u01b0\u1ee3t ng\u01b0\u1ee1ng, \u0111\u1ed9i ng\u0169 chuy\u00ean gia giao d\u1ecbch li\u00ean k\u1ebft c\u1ee7a MAN &#8211; Master Accountant Network s\u1eb5n s\u00e0ng r\u00e0 so\u00e1t c\u00f9ng doanh nghi\u1ec7p tr\u01b0\u1edbc k\u1ef3 kh\u00f3a s\u1ed5. Hi\u1ec3u \u0111\u00fang g\u1ed1c r\u1ec5 m\u1ed9t ch\u1ec9 ti\u00eau t\u00e0i ch\u00ednh bao gi\u1edd c\u0169ng r\u1ebb h\u01a1n m\u1ed9t kho\u1ea3n truy thu thu\u1ebf.<\/span><\/p>\n<p style=\"text-align: justify;\"><a href=\"https:\/\/giaodichlienket.man.net.vn\/zh\/lien-he\/\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">\u8054\u7cfb MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/span><\/strong><\/span><\/a><span style=\"font-weight: 400;\"> \u514d\u8d39\u63d0\u4f9b\u652f\u6301\u548c\u5efa\u8bae\uff01<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Thong_tin_lien_he_MAN_%E2%80%93_Master_Accountant_Network\"><\/span><b>\u8054\u7cfb\u4fe1\u606f MAN \u2013 \u4f1a\u8ba1\u5e08\u5927\u5e08\u7f51\u7edc<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u5730\u5740\uff1a<\/b><span style=\"font-weight: 400;\"> \u80e1\u5fd7\u660e\u5e02\u65b0\u987a\u533a 43 \u8857 19A \u53f7<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u624b\u673a\/Zalo\uff1a<\/b><span style=\"font-weight: 400;\"> 0903 963 163 \u2013 0903 428 622<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>\u7535\u5b50\u90ae\u4ef6\uff1a<\/b><span style=\"font-weight: 400;\"> man@man.net.vn<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Google\u5546\u5bb6\u4fe1\u606f\uff1a<\/b> <a href=\"https:\/\/share.google\/EmihzHg354pCASC9k\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">\u67e5\u770b MAN \u2013 Master Accountant Network \u7684 Google \u5546\u5bb6\u8d44\u6599<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>LinkedIn\u521b\u59cb\u4eba\uff1a<\/b> <a href=\"https:\/\/www.linkedin.com\/in\/tuy%C3%AAn-l%C3%AA-ho%C3%A0ng-65292aa0\/\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\"><strong><span style=\"color: #0000ff;\">\u67e5\u770b\u4e13\u5bb6 Le Hoang Tuyen \u7684 LinkedIn \u4e2a\u4eba\u8d44\u6599\u3002<\/span><\/strong>\u00a0<\/span><\/a><\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">\u8d1f\u8d23\u5236\u4f5c\u548c\u4e13\u4e1a\u5185\u5bb9\u5ba1\u6838\uff1a\u5148\u751f <\/span><strong><span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/man.net.vn\/le-hoang-tuyen\/\" rel=\"nofollow noopener\" target=\"_blank\">\u9ece\u9ec4\u5ba3 \u2013 MAN \u2013 \u9ad8\u7ea7\u4f1a\u8ba1\u5e08\u7f51\u7edc\u521b\u59cb\u4eba\u517c\u9996\u5e2d\u6267\u884c\u5b98<\/a><\/span><\/strong><span style=\"font-weight: 400;\">. \u4ed6\u662f\u8d8a\u5357\u6ce8\u518c\u4f1a\u8ba1\u5e08\uff0c\u62e5\u6709\u8d85\u8fc7 30 \u5e74\u7684\u4f1a\u8ba1\u3001\u5ba1\u8ba1\u3001\u7a0e\u52a1\u548c\u516c\u53f8\u6cd5\u5f8b\u54a8\u8be2\u65b9\u9762\u7684\u4e30\u5bcc\u7ecf\u9a8c\u3002.<\/span><\/p>\n<h2 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Giai_dap_thac_mac_EBIT_va_EBITDA_khac_nhau_the_nao\"><\/span><b>Gi\u1ea3i \u0111\u00e1p th\u1eafc m\u1eafc EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBIT_va_EBITDA_khac_nhau_the_nao_o_diem_cot_loi_nhat\"><\/span><b>EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o \u1edf \u0111i\u1ec3m c\u1ed1t l\u00f5i nh\u1ea5t?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Kh\u00e1c bi\u1ec7t c\u1ed1t l\u00f5i n\u1eb1m \u1edf chi ph\u00ed kh\u1ea5u hao: EBIT l\u00e0 l\u1ee3i nhu\u1eadn sau khi \u0111\u00e3 tr\u1eeb kh\u1ea5u hao, c\u00f2n EBITDA l\u00e0 l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc khi tr\u1eeb kh\u1ea5u hao (c\u1ed9ng ng\u01b0\u1ee3c kh\u1ea5u hao tr\u1edf l\u1ea1i EBIT).<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Vi_sao_luat_thue_dung_EBITDA_ma_khong_dung_EBIT_de_khong_che_chi_phi_lai_vay\"><\/span><b>V\u00ec sao lu\u1eadt thu\u1ebf d\u00f9ng EBITDA m\u00e0 kh\u00f4ng d\u00f9ng EBIT \u0111\u1ec3 kh\u1ed1ng ch\u1ebf chi ph\u00ed l\u00e3i vay?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">V\u00ec EBITDA ph\u1ea3n \u00e1nh kh\u1ea3 n\u0103ng sinh l\u1eddi t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh c\u1ed1t l\u00f5i m\u00e0 kh\u00f4ng b\u1ecb \u1ea3nh h\u01b0\u1edfng b\u1edfi ch\u00ednh s\u00e1ch kh\u1ea5u hao, v\u1ed1n kh\u00e1c nhau gi\u1eefa c\u00e1c doanh nghi\u1ec7p n\u00ean ph\u00f9 h\u1ee3p h\u01a1n \u0111\u1ec3 l\u00e0m n\u1ec1n so s\u00e1nh chung khi x\u00e1c \u0111\u1ecbnh ng\u01b0\u1ee1ng chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"EBITDA_tai_chinh_va_EBITDA_thue_co_phai_la_mot_khong\"><\/span><b>EBITDA t\u00e0i ch\u00ednh v\u00e0 EBITDA thu\u1ebf c\u00f3 ph\u1ea3i l\u00e0 m\u1ed9t kh\u00f4ng?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Kh\u00f4ng. EBITDA thu\u1ebf theo kho\u1ea3n 3 \u0110i\u1ec1u 16 Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP xu\u1ea5t ph\u00e1t t\u1eeb l\u1ee3i nhu\u1eadn thu\u1ea7n t\u1eeb ho\u1ea1t \u0111\u1ed9ng kinh doanh v\u00e0 c\u1ed9ng chi ph\u00ed l\u00e3i vay thu\u1ea7n (\u0111\u00e3 tr\u1eeb l\u00e3i ti\u1ec1n g\u1eedi, l\u00e3i cho vay), trong khi EBITDA t\u00e0i ch\u00ednh th\u01b0\u1eddng t\u00ednh t\u1eeb l\u1ee3i nhu\u1eadn tr\u01b0\u1edbc thu\u1ebf n\u00f3i chung v\u00e0 chi ph\u00ed l\u00e3i vay g\u1ed9p.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Doanh_nghiep_co_tai_san_co_dinh_lon_thi_EBIT_va_EBITDA_chenh_lech_ra_sao\"><\/span><b>Doanh nghi\u1ec7p c\u00f3 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh l\u1edbn th\u00ec EBIT v\u00e0 EBITDA ch\u00eanh l\u1ec7ch ra sao?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Doanh nghi\u1ec7p c\u00f3 t\u1ef7 tr\u1ecdng t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh l\u1edbn, kh\u1ea5u hao cao, th\u01b0\u1eddng c\u00f3 kho\u1ea3ng c\u00e1ch gi\u1eefa EBIT v\u00e0 EBITDA l\u1edbn h\u01a1n \u0111\u00e1ng k\u1ec3 so v\u1edbi doanh nghi\u1ec7p th\u01b0\u01a1ng m\u1ea1i ho\u1eb7c d\u1ecbch v\u1ee5 \u00edt \u0111\u1ea7u t\u01b0 t\u00e0i s\u1ea3n c\u1ed1 \u0111\u1ecbnh.<\/span><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Co_the_dung_EBIT_de_tinh_nguong_30_chi_phi_lai_vay_duoc_tru_khong\"><\/span><b>C\u00f3 th\u1ec3 d\u00f9ng EBIT \u0111\u1ec3 t\u00ednh ng\u01b0\u1ee1ng 30% chi ph\u00ed l\u00e3i vay \u0111\u01b0\u1ee3c tr\u1eeb kh\u00f4ng?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">Kh\u00f4ng. Quy \u0111\u1ecbnh t\u1ea1i kho\u1ea3n 3 \u0110i\u1ec1u 16 Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP x\u00e1c \u0111\u1ecbnh r\u00f5 ng\u01b0\u1ee1ng kh\u1ed1ng ch\u1ebf d\u1ef1a tr\u00ean EBITDA thu\u1ebf, kh\u00f4ng ph\u1ea3i EBIT, n\u00ean vi\u1ec7c thay th\u1ebf hai ch\u1ec9 ti\u00eau n\u00e0y cho nhau s\u1ebd d\u1eabn \u0111\u1ebfn k\u1ebft qu\u1ea3 t\u00ednh to\u00e1n sai.<\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>EBIT v\u00e0 EBITDA kh\u00e1c nhau th\u1ebf n\u00e0o l\u00e0 c\u00e2u h\u1ecfi t\u01b0\u1edfng ch\u1eebng c\u01a1 b\u1ea3n nh\u01b0ng l\u1ea1i l\u00e0 \u0111i\u1ec3m kh\u1edfi \u0111\u1ea7u c\u1ee7a kh\u00f4ng \u00edt sai s\u00f3t nghi\u00eam tr\u1ecdng trong h\u1ed3 s\u01a1 thu\u1ebf c\u1ee7a doanh nghi\u1ec7p c\u00f3 giao d\u1ecbch li\u00ean k\u1ebft. T\u1eeb k\u1ef3 t\u00ednh thu\u1ebf thu nh\u1eadp doanh nghi\u1ec7p n\u0103m 2026, khi Ngh\u1ecb \u0111\u1ecbnh 255\/2026\/N\u0110-CP ch\u00ednh th\u1ee9c [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":5102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"_links":{"self":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/5101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/comments?post=5101"}],"version-history":[{"count":1,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/5101\/revisions"}],"predecessor-version":[{"id":5105,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/posts\/5101\/revisions\/5105"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/media\/5102"}],"wp:attachment":[{"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/media?parent=5101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/categories?post=5101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/giaodichlienket.man.net.vn\/zh\/wp-json\/wp\/v2\/tags?post=5101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}