Saigon General Service（SVC）株式概要サイゴン・ゼネラル・サービス・コーポレーションはベトナムでサービス業、貿易業、不動産業、金融サービス業を行っている。 詳細SVC ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績4/6財務の健全性2/6配当金0/6報酬株価収益率（ 3.3 x） VN市場（ 11 x）を下回っています。過去1年間で収益は328.1%増加しました リスク分析利払いは収益で十分にカバーされない 財務結果に影響を与える大きな一時的項目 意味のある時価総額がありません ( ₫1,539B )すべてのリスクチェックを見るSVC Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₫Current Price₫16.20k18.5% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture054t2016201920222025202620282031Revenue ₫53.5tEarnings ₫860.7bAdvancedSet Fair ValueView all narrativesSaigon General Service Corporation 競合他社Hoang Huy Investment ServicesSymbol: HOSE:HHSMarket cap: ₫4.8tHanoi Beer TradingSymbol: HNX:HATMarket cap: ₫98.4bQuang Ninh Book and Educational EquipmentSymbol: HNX:QSTMarket cap: ₫84.2bSong Da - Thanh HoaSymbol: HNX:THSMarket cap: ₫24.6b価格と性能株価の高値、安値、推移の概要Saigon General Service過去の株価現在の株価₫16,200.0052週高値₫39,000.0052週安値₫13,178.57ベータ-0.0931ヶ月の変化-4.71%3ヶ月変化-13.37%1年変化14.84%3年間の変化-51.74%5年間の変化-35.75%IPOからの変化335.11%最新ニュースNew Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.61t market cap, or US$61.1m).お知らせ • May 23Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026, at 13:30 SE Asia Standard Time. Location: tasco house tan cang-220 bis nguyen huu canh str, thanh my tay ward, hcmc VietnamNew Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 0.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.1% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.80t market cap, or US$70.4m).Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫26,300, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total loss to shareholders of 29% over the past three years.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫25,300, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 7x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 34% over the past three years.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₫26,100, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 8x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 32% over the past three years.最新情報をもっと見るRecent updatesNew Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.61t market cap, or US$61.1m).お知らせ • May 23Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026, at 13:30 SE Asia Standard Time. Location: tasco house tan cang-220 bis nguyen huu canh str, thanh my tay ward, hcmc VietnamNew Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 0.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.1% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.80t market cap, or US$70.4m).Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫26,300, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total loss to shareholders of 29% over the past three years.Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫25,300, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 7x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 34% over the past three years.Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₫26,100, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 8x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 32% over the past three years.Reported Earnings • Oct 19Third quarter 2025 earnings released: EPS: ₫5,171 (vs ₫66.43 in 3Q 2024)Third quarter 2025 results: EPS: ₫5,171 (up from ₫66.43 in 3Q 2024). Revenue: ₫8.22t (up 21% from 3Q 2024). Net income: ₫363.9b (up ₫357.7b from 3Q 2024). Profit margin: 4.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₫34,900, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 16x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 19% over the past three years.New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.69t market cap, or US$64.2m).Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,250, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 43% over the past three years.Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: ₫1,739 (vs ₫479 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,739 (up from ₫479 in 2Q 2024). Revenue: ₫6.64t (up 23% from 2Q 2024). Net income: ₫72.6b (up 127% from 2Q 2024). Profit margin: 1.1% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Apr 26Saigon General Service Corporation, Annual General Meeting, May 16, 2025Saigon General Service Corporation, Annual General Meeting, May 16, 2025, at 14:00 SE Asia Standard Time. Location: 5th floor, majestic saigon hotel, 01 dong khoi st, ben nghe ward, dist. 1, hcmc., VietnamNew Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 148% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₫1.32t market cap, or US$51.3m).New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.3% Last year net profit margin: 0.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (6.9% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.58t market cap, or US$61.6m).Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: ₫93.00 (vs ₫43.00 in 3Q 2023)Third quarter 2024 results: EPS: ₫93.00 (up from ₫43.00 in 3Q 2023). Revenue: ₫6.78t (up 35% from 3Q 2023). Net income: ₫6.18b (up 117% from 3Q 2023). Profit margin: 0.1% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.お知らせ • Oct 24Saigon General Service Corporation Announces Chairman ChangesSaigon General Service Corporation announced the appointment of Mr. Ngo Duc Vu - New Chairman of the BOD of Savico has more than 25 years of experience and strengths in organizational architecture, investment, and operational management at large-scale organizations. Mr. Ngo Duc Vu was elected by the BOD of Savico as Chairman with the key task of planning and leading the implementation of new strategic initiatives, promoting the transformation process to optimize resources, improve service quality and operational efficiency at Savico and replicate successful models across the entire automobile industry of the Tasco Auto system. Effective date is 22/10/2024. The company announced the resignation of Mr. Vu Dinh Do is currently the Chairman of the BOD of Tasco, focusing on strategic management at the parent company and general operations of the system. Mr. Vu Dinh Do continues to serve as a member of the BOD of Savico, advising on strategic orientation for the BOD in the process of implementing key projects and international cooperation strategies. Effective date: 22/10/2024.お知らせ • Oct 18Saigon General Service Corporation Announces Appointment of Ngô Duc Vu as the Member of the BODSaigon General Service Corporation announced appointment of Mr. Ngô Duc Vu as the member of the BOD. Effective date is October 16, 2024.お知らせ • Sep 10Saigon General Service Corporation Announces Cash Dividend, Payable in September 2024Saigon General Service Corporation on September 5,2 024 approved to pay for the 2024 cash dividend: Record date: September 17, 2024 Exercise ratio: 5% per share (VND500 per share) Payment date: Expected in September 2024.New Risk • Aug 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.91t market cap, or US$76.5m).New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.84t market cap, or US$73.4m).Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₫29,700. The fair value is estimated to be ₫24,716, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.お知らせ • Jul 12Saigon General Service Corporation Announces Cash Dividend, Payable in July 2024On July 09, 2024, the BOD of Saigon General Service Corporation approved the cash dividend payment in 2024 as follows: Record date: July 22, 2024; Exercise ratio: 5% per share (VND 500 per share); Payment date: July 2024.Buy Or Sell Opportunity • Jul 06Now 14% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,359, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Jul 05Now 14% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Jul 05Now 15% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,241, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Jul 02Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₫32,100. The fair value is estimated to be ₫26,201, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.Buy Or Sell Opportunity • Jul 01Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₫32,100. The fair value is estimated to be ₫26,179, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫2.30t market cap, or US$89.6m).Buy Or Sell Opportunity • Jun 25Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to ₫30,700. The fair value is estimated to be ₫25,006, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫1.71t market cap, or US$66.5m).New Risk • May 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫1.72t market cap, or US$66.9m).Reported Earnings • May 08First quarter 2024 earnings released: EPS: ₫206 (vs ₫45.00 in 1Q 2023)First quarter 2024 results: EPS: ₫206 (up from ₫45.00 in 1Q 2023). Revenue: ₫4.06t (down 15% from 1Q 2023). Net income: ₫13.7b (up 358% from 1Q 2023). Profit margin: 0.3% (up from 0.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.お知らせ • Mar 29Saigon General Service Corporation, Annual General Meeting, Apr 03, 2024Saigon General Service Corporation, Annual General Meeting, Apr 03, 2024. Agenda: To consider executives changes.Reported Earnings • Mar 13Full year 2023 earnings released: EPS: ₫430 (vs ₫4,892 in FY 2022)Full year 2023 results: EPS: ₫430 (down from ₫4,892 in FY 2022). Revenue: ₫21t (down 2.2% from FY 2022). Net income: ₫28.6b (down 91% from FY 2022). Profit margin: 0.1% (down from 1.5% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.New Risk • Mar 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 1.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₫1.90t market cap, or US$77.8m).Upcoming Dividend • Feb 14Upcoming dividend of ₫500 per share at 1.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 29 February 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Vietnamese dividend payers (8.6%). Lower than average of industry peers (2.6%).お知らせ • Feb 05Saigon General Service Corporation Announces Cash Dividend for the Year 2023, Payable on February 2024On February 01, 2024, the BOD of Saigon General Service Corporation approved the record date for cash dividend payment in 2023 as follows: Record date: February 22, 2024. Exercise ratio: 5%/charter capital (VND 500/share). Expected payment time: February 2024.New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.24t market cap, or US$92.9m).Board Change • Oct 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. GM, Member of Executive Board & Director Ha Ho was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (47% accrual ratio).Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₫4.45t (down 14% from 2Q 2022). Net income: ₫5.62b (down 94% from 2Q 2022). Profit margin: 0.1% (down from 1.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.New Risk • Aug 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.35t (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.35t market cap, or US$99.0m).Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫41,400, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 64% over the past three years.New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.4% average weekly change). High level of non-cash earnings (50% accrual ratio).Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₫44,000, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 77% over the past three years.Reported Earnings • May 09First quarter 2023 earnings released: EPS: ₫45.00 (vs ₫819 in 1Q 2022)First quarter 2023 results: EPS: ₫45.00 (down from ₫819 in 1Q 2022). Revenue: ₫4.79t (up 14% from 1Q 2022). Net income: ₫3.00b (down 95% from 1Q 2022). Profit margin: 0.1% (down from 1.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 16Saigon General Service Corporation, Annual General Meeting, Apr 07, 2023Saigon General Service Corporation, Annual General Meeting, Apr 07, 2023.Reported Earnings • Feb 04Full year 2022 earnings released: EPS: ₫9,879 (vs ₫1,927 in FY 2021)Full year 2022 results: EPS: ₫9,879 (up from ₫1,927 in FY 2021). Revenue: ₫21t (up 51% from FY 2021). Net income: ₫329.1b (up 156% from FY 2021). Profit margin: 1.5% (up from 0.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 49% per year.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 98% share price gain to ₫107,000, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 613% over the past three years.お知らせ • Dec 20Saigon General Service Corporation Announces Board ChangesSaigon General Service Corporation announces the resolution of the extraordinary general shareholders’ meeting (EGM), which was convened on December 15, 2022, as follows: Approving the resignation of members to the Board of Directors in the term 2020-2025 as from December 15, 2022: Le Tuan, Nguyen Hoang Giang, Nguyen Huy Tuan, Tran Van Hieu. Approving the election of members to the Board of Directors in the term 2020-2025: Ho Viet Ha, Tran Duc Huy, Tran Thi Hong Bich, Do Quoc Tuyen.Board Change • Dec 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Supervisory Board Hanh Ton Ha was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Nov 29Saigon General Service Corporation Received Resignation Letter from Le Tuan, Nguyen Hoang Giang, Nguyen Huy Tuan and Tran Van Hieu. Members of the Board of DirectorsSaigon General Service Corporation received resignation letter from members of the Board of Directors of Saigon General Services Corporation by Mr. Le Tuan, Mr. Nguyen Hoang Giang, Mr. Nguyen Huy Tuan and Mr. Tran Van Hieu.Board Change • Nov 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Member of Supervisory Board Hanh Ton Ha was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Sep 20Saigon General Service Corporation Announces Executive ChangesSaigon General Service Corporation announced the Resolution of General Meeting of Shareholders dated September 15, 2022 to approve the following contents: approved the resignation of Mrs. Hoang Thi Thu Huong as member of Supervisory Board for the term 2020 – 2025; Approved the additional election of Mr. Ha Ton Trung Hanh as member of Supervisory Board for the term 2020 – 2025. Approved the list of members of Supervisory Board for the term 2020 – 2025, including: Mr. Ngo Hoa: member of Supervisory Board; Mrs. Nguyen Thi Hai Yen: member of Supervisory Board; and Mr. Ha Ton Trung Hanh: member of Supervisory Board.Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₫116,400, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 280% over the past three years.Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: ₫2,753 (vs ₫850 in 2Q 2021)Second quarter 2022 results: EPS: ₫2,753 (up from ₫850 in 2Q 2021). Revenue: ₫5.19t (up 47% from 2Q 2021). Net income: ₫92.3b (up 147% from 2Q 2021). Profit margin: 1.8% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Jul 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Deputy General Director, Director & Member of Board of Management Hieu Tran was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Jun 22Saigon General Service Corporation Approves Cash Dividend Payment for 2021, Payable on July 15, 2022The Board of Directors of Saigon General Service Corporation approved the cash dividend payment for 2021 as follows: Stock type is common stock. Par value is VND 10,000. Payment method is in cash. Exercise ratio is 10%/par value (VND 1,000 per share). Record date is July 04, 2022. Payment date is July 15, 2022. Total payment amount is VND 33,310,032,000.お知らせ • Jun 08Saigon General Service Corporation Appoints Vo Minh Luc as Deputy Chief Executive OfficerThe Board of Directors of Saigon General Service Corporation approved the appointment of Mr. Vo Minh Luc as Deputy Chief Executive Officer of the Company for the term 2020 – 2025.Board Change • May 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Deputy General Director, Director & Member of Board of Management Hieu Tran was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ₫3,799 (down from ₫4,490 in FY 2020). Revenue: ₫14t (down 12% from FY 2020). Net income: ₫143.9b (down 3.8% from FY 2020). Profit margin: 1.0% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫116,300, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 284% over the past three years.Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫113,600, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 275% over the past three years.Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫103,200, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 227% over the past three years.Reported Earnings • Nov 01Third quarter 2021 earnings released: ₫895 loss per share (vs ₫1,352 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₫1.67t (down 57% from 3Q 2020). Net loss: ₫29.8b (down 166% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫88,800, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 174% over the past three years.Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS ₫850 (vs ₫675 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫3.52t (up 13% from 2Q 2020). Net income: ₫37.3b (up 220% from 2Q 2020). Profit margin: 1.1% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Jul 12Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 04 August 2021. Trailing yield: 1.0%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (2.4%).Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫75,900, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 21x in the Retail Distributors industry in Asia. Total returns to shareholders of 154% over the past three years.Reported Earnings • Jun 05First quarter 2021 earnings released: EPS ₫1,764 (vs ₫185 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫3.54t (up 12% from 1Q 2020). Net income: ₫60.8b (up ₫50.8b from 1Q 2020). Profit margin: 1.7% (up from 0.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫107.8b, down 26% from the prior year. Total revenue was ₫15t over the last 12 months, down 16% from the prior year.Is New 90 Day High Low • Oct 28New 90-day high: ₫75,000The company is up 25% from its price of ₫60,075 on 30 July 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 3.0% over the same period.Is New 90 Day High Low • Sep 29New 90-day high: ₫71,900The company is up 37% from its price of ₫52,500 on 29 June 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 6.0% over the same period.株主還元SVCVN Retail DistributorsVN 市場7D-0.3%-3.1%-3.0%1Y14.8%-17.1%35.4%株主還元を見る業界別リターン: SVC過去 1 年間で-17.1 % の収益を上げたVN Retail Distributors業界を上回りました。リターン対市場: SVCは、過去 1 年間で35.4 % のリターンを上げたVN市場を下回りました。価格変動Is SVC's price volatile compared to industry and market?SVC volatilitySVC Average Weekly Movement5.9%Retail Distributors Industry Average Movement5.8%Market Average Movement4.8%10% most volatile stocks in VN Market7.7%10% least volatile stocks in VN Market2.8%安定した株価: SVC 、 VN市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: SVCの 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト19825,338Ha Nguyensavico.com.vnサイゴン・ゼネラル・サービス・コーポレーションはベトナムでサービス業、貿易業、不動産業、金融サービス業を行っている。4つのセグメントで事業を展開：販売事業、自動車サービス事業、不動産事業、金融事業。自動車、バイク、スペアパーツの売買、流通、修理、メンテナンス、宝飾品や建設資材の売買、ホテルやレストランサービスの提供、不動産や土地使用権の売買、倉庫、オフィス、商業センター、作業場の賃貸、オフィスビル、マンション、ヴィラ、リゾートなどの不動産プロジェクトへの投資や開発などを行っている。また、コンサルティング、不動産仲介、電子商取引、旅行、広告サービス、ソフトウェア出版、その他IT関連サービス、貿易・サービス、不動産、インフラ事業への投資、ビジネスセンターの運営も行っている。サイゴン・ゼネラル・サービス・コーポレーションは、以前はディストリクト1サービス・カンパニーとして知られ、1996年1月にサイゴン・ゼネラル・サービス・コーポレーションに社名を変更した。同社は1982年に設立され、ベトナムのホーチミン市に本社を置く。もっと見るSaigon General Service Corporation 基礎のまとめSaigon General Service の収益と売上を時価総額と比較するとどうか。SVC 基礎統計学時価総額₫1.54t収益（TTM）₫461.24b売上高(TTM)₫28.68t3.3xPER（株価収益率0.1xP/SレシオSVC は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計SVC 損益計算書（TTM）収益₫28.68t売上原価₫26.71t売上総利益₫1.97tその他の費用₫1.51t収益₫461.24b直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）4.95kグロス・マージン6.86%純利益率1.61%有利子負債／自己資本比率152.6%SVC の長期的なパフォーマンスは？過去の実績と比較を見るView Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/09 11:51終値2026/06/09 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Saigon General Service Corporation 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Ngoc Chi NguyenBao Viet Securities Joint Stock CompanyLuan NgoFPT SecuritiesMy Thi TranViet Dragon Securities Corporation
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.61t market cap, or US$61.1m).
お知らせ • May 23Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026, at 13:30 SE Asia Standard Time. Location: tasco house tan cang-220 bis nguyen huu canh str, thanh my tay ward, hcmc Vietnam
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 0.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.1% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.80t market cap, or US$70.4m).
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫26,300, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total loss to shareholders of 29% over the past three years.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫25,300, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 7x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 34% over the past three years.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₫26,100, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 8x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 32% over the past three years.
New Risk • Jun 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (0.4x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.1% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.61t market cap, or US$61.1m).
お知らせ • May 23Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026Saigon General Service Corporation, Annual General Meeting, Jun 05, 2026, at 13:30 SE Asia Standard Time. Location: tasco house tan cang-220 bis nguyen huu canh str, thanh my tay ward, hcmc Vietnam
New Risk • Feb 11New major risk - Revenue and earnings growthEarnings have declined by 0.1% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 0.1% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.0% average weekly change). Market cap is less than US$100m (₫1.80t market cap, or US$70.4m).
Valuation Update With 7 Day Price Move • Dec 10Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫26,300, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total loss to shareholders of 29% over the past three years.
Valuation Update With 7 Day Price Move • Nov 11Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫25,300, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 7x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 34% over the past three years.
Valuation Update With 7 Day Price Move • Oct 21Investor sentiment improves as stock rises 31%After last week's 31% share price gain to ₫26,100, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 8x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 32% over the past three years.
Reported Earnings • Oct 19Third quarter 2025 earnings released: EPS: ₫5,171 (vs ₫66.43 in 3Q 2024)Third quarter 2025 results: EPS: ₫5,171 (up from ₫66.43 in 3Q 2024). Revenue: ₫8.22t (up 21% from 3Q 2024). Net income: ₫363.9b (up ₫357.7b from 3Q 2024). Profit margin: 4.4% (up from 0.1% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improves as stock rises 34%After last week's 34% share price gain to ₫34,900, the stock trades at a trailing P/E ratio of 16.9x. Average trailing P/E is 16x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 19% over the past three years.
New Risk • Aug 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (18% operating cash flow to total debt). Earnings have declined by 11% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.4% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₫1.69t market cap, or US$64.2m).
Valuation Update With 7 Day Price Move • Aug 25Investor sentiment improves as stock rises 17%After last week's 17% share price gain to ₫27,250, the stock trades at a trailing P/E ratio of 13.2x. Average trailing P/E is 13x in the Retail Distributors industry in Vietnam. Total loss to shareholders of 43% over the past three years.
Reported Earnings • Aug 02Second quarter 2025 earnings released: EPS: ₫1,739 (vs ₫479 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,739 (up from ₫479 in 2Q 2024). Revenue: ₫6.64t (up 23% from 2Q 2024). Net income: ₫72.6b (up 127% from 2Q 2024). Profit margin: 1.1% (up from 0.6% in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Apr 26Saigon General Service Corporation, Annual General Meeting, May 16, 2025Saigon General Service Corporation, Annual General Meeting, May 16, 2025, at 14:00 SE Asia Standard Time. Location: 5th floor, majestic saigon hotel, 01 dong khoi st, ben nghe ward, dist. 1, hcmc., Vietnam
New Risk • Apr 10New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 148% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.2x net interest cover). Earnings have declined by 6.3% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₫1.32t market cap, or US$51.3m).
New Risk • Nov 15New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.3% Last year net profit margin: 0.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (6.9% average weekly change). Earnings have declined by 4.6% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.58t market cap, or US$61.6m).
Reported Earnings • Nov 05Third quarter 2024 earnings released: EPS: ₫93.00 (vs ₫43.00 in 3Q 2023)Third quarter 2024 results: EPS: ₫93.00 (up from ₫43.00 in 3Q 2023). Revenue: ₫6.78t (up 35% from 3Q 2023). Net income: ₫6.18b (up 117% from 3Q 2023). Profit margin: 0.1% (in line with 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
お知らせ • Oct 24Saigon General Service Corporation Announces Chairman ChangesSaigon General Service Corporation announced the appointment of Mr. Ngo Duc Vu - New Chairman of the BOD of Savico has more than 25 years of experience and strengths in organizational architecture, investment, and operational management at large-scale organizations. Mr. Ngo Duc Vu was elected by the BOD of Savico as Chairman with the key task of planning and leading the implementation of new strategic initiatives, promoting the transformation process to optimize resources, improve service quality and operational efficiency at Savico and replicate successful models across the entire automobile industry of the Tasco Auto system. Effective date is 22/10/2024. The company announced the resignation of Mr. Vu Dinh Do is currently the Chairman of the BOD of Tasco, focusing on strategic management at the parent company and general operations of the system. Mr. Vu Dinh Do continues to serve as a member of the BOD of Savico, advising on strategic orientation for the BOD in the process of implementing key projects and international cooperation strategies. Effective date: 22/10/2024.
お知らせ • Oct 18Saigon General Service Corporation Announces Appointment of Ngô Duc Vu as the Member of the BODSaigon General Service Corporation announced appointment of Mr. Ngô Duc Vu as the member of the BOD. Effective date is October 16, 2024.
お知らせ • Sep 10Saigon General Service Corporation Announces Cash Dividend, Payable in September 2024Saigon General Service Corporation on September 5,2 024 approved to pay for the 2024 cash dividend: Record date: September 17, 2024 Exercise ratio: 5% per share (VND500 per share) Payment date: Expected in September 2024.
New Risk • Aug 20New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.5x net interest cover). Share price has been highly volatile over the past 3 months (8.4% average weekly change). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.91t market cap, or US$76.5m).
New Risk • Aug 07New major risk - Revenue and earnings growthEarnings have declined by 2.3% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 2.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Profit margins are more than 30% lower than last year (0.3% net profit margin). Market cap is less than US$100m (₫1.84t market cap, or US$73.4m).
Buy Or Sell Opportunity • Jul 22Now 20% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₫29,700. The fair value is estimated to be ₫24,716, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
お知らせ • Jul 12Saigon General Service Corporation Announces Cash Dividend, Payable in July 2024On July 09, 2024, the BOD of Saigon General Service Corporation approved the cash dividend payment in 2024 as follows: Record date: July 22, 2024; Exercise ratio: 5% per share (VND 500 per share); Payment date: July 2024.
Buy Or Sell Opportunity • Jul 06Now 14% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,359, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Jul 05Now 14% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,346, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Jul 05Now 15% overvalued after recent price riseOver the last 90 days, the stock has risen 5.1% to ₫29,000. The fair value is estimated to be ₫25,241, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Jul 02Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 14% to ₫32,100. The fair value is estimated to be ₫26,201, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
Buy Or Sell Opportunity • Jul 01Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 13% to ₫32,100. The fair value is estimated to be ₫26,179, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
New Risk • Jun 29New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫2.30t market cap, or US$89.6m).
Buy Or Sell Opportunity • Jun 25Now 23% overvalued after recent price riseOver the last 90 days, the stock has risen 8.9% to ₫30,700. The fair value is estimated to be ₫25,006, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has declined by 19%.
New Risk • Jun 05New major risk - Revenue and earnings growthEarnings have declined by 2.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.0x net interest cover). Earnings have declined by 2.0% per year over the past 5 years. Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫1.71t market cap, or US$66.5m).
New Risk • May 08New minor risk - Earnings qualityThe company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.0x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.2% net profit margin). Market cap is less than US$100m (₫1.72t market cap, or US$66.9m).
Reported Earnings • May 08First quarter 2024 earnings released: EPS: ₫206 (vs ₫45.00 in 1Q 2023)First quarter 2024 results: EPS: ₫206 (up from ₫45.00 in 1Q 2023). Revenue: ₫4.06t (down 15% from 1Q 2023). Net income: ₫13.7b (up 358% from 1Q 2023). Profit margin: 0.3% (up from 0.1% in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
お知らせ • Mar 29Saigon General Service Corporation, Annual General Meeting, Apr 03, 2024Saigon General Service Corporation, Annual General Meeting, Apr 03, 2024. Agenda: To consider executives changes.
Reported Earnings • Mar 13Full year 2023 earnings released: EPS: ₫430 (vs ₫4,892 in FY 2022)Full year 2023 results: EPS: ₫430 (down from ₫4,892 in FY 2022). Revenue: ₫21t (down 2.2% from FY 2022). Net income: ₫28.6b (down 91% from FY 2022). Profit margin: 0.1% (down from 1.5% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 8% per year.
New Risk • Mar 04New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 1.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (₫1.90t market cap, or US$77.8m).
Upcoming Dividend • Feb 14Upcoming dividend of ₫500 per share at 1.7% yieldEligible shareholders must have bought the stock before 21 February 2024. Payment date: 29 February 2024. Payout ratio is a comfortable 17% but the company is not cash flow positive. Trailing yield: 1.7%. Lower than top quartile of Vietnamese dividend payers (8.6%). Lower than average of industry peers (2.6%).
お知らせ • Feb 05Saigon General Service Corporation Announces Cash Dividend for the Year 2023, Payable on February 2024On February 01, 2024, the BOD of Saigon General Service Corporation approved the record date for cash dividend payment in 2023 as follows: Record date: February 22, 2024. Exercise ratio: 5%/charter capital (VND 500/share). Expected payment time: February 2024.
New Risk • Nov 22New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (47% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.24t market cap, or US$92.9m).
Board Change • Oct 27No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. GM, Member of Executive Board & Director Ha Ho was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
New Risk • Sep 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 47% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Share price has been highly volatile over the past 3 months (8.8% average weekly change). High level of non-cash earnings (47% accrual ratio).
Reported Earnings • Sep 03Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: ₫4.45t (down 14% from 2Q 2022). Net income: ₫5.62b (down 94% from 2Q 2022). Profit margin: 0.1% (down from 1.8% in 2Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 12New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.35t (US$99.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (43% accrual ratio). Minor Risk Market cap is less than US$100m (₫2.35t market cap, or US$99.0m).
Valuation Update With 7 Day Price Move • Jun 30Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫41,400, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 64% over the past three years.
New Risk • Jun 15New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Vietnamese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.4% average weekly change). High level of non-cash earnings (50% accrual ratio).
Valuation Update With 7 Day Price Move • Jun 07Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₫44,000, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 77% over the past three years.
Reported Earnings • May 09First quarter 2023 earnings released: EPS: ₫45.00 (vs ₫819 in 1Q 2022)First quarter 2023 results: EPS: ₫45.00 (down from ₫819 in 1Q 2022). Revenue: ₫4.79t (up 14% from 1Q 2022). Net income: ₫3.00b (down 95% from 1Q 2022). Profit margin: 0.1% (down from 1.3% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 16Saigon General Service Corporation, Annual General Meeting, Apr 07, 2023Saigon General Service Corporation, Annual General Meeting, Apr 07, 2023.
Reported Earnings • Feb 04Full year 2022 earnings released: EPS: ₫9,879 (vs ₫1,927 in FY 2021)Full year 2022 results: EPS: ₫9,879 (up from ₫1,927 in FY 2021). Revenue: ₫21t (up 51% from FY 2021). Net income: ₫329.1b (up 156% from FY 2021). Profit margin: 1.5% (up from 0.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 49% per year.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment improved over the past weekAfter last week's 98% share price gain to ₫107,000, the stock trades at a trailing P/E ratio of 23.3x. Average trailing P/E is 15x in the Retail Distributors industry in Asia. Total returns to shareholders of 613% over the past three years.
お知らせ • Dec 20Saigon General Service Corporation Announces Board ChangesSaigon General Service Corporation announces the resolution of the extraordinary general shareholders’ meeting (EGM), which was convened on December 15, 2022, as follows: Approving the resignation of members to the Board of Directors in the term 2020-2025 as from December 15, 2022: Le Tuan, Nguyen Hoang Giang, Nguyen Huy Tuan, Tran Van Hieu. Approving the election of members to the Board of Directors in the term 2020-2025: Ho Viet Ha, Tran Duc Huy, Tran Thi Hong Bich, Do Quoc Tuyen.
Board Change • Dec 20No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Member of Supervisory Board Hanh Ton Ha was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Nov 29Saigon General Service Corporation Received Resignation Letter from Le Tuan, Nguyen Hoang Giang, Nguyen Huy Tuan and Tran Van Hieu. Members of the Board of DirectorsSaigon General Service Corporation received resignation letter from members of the Board of Directors of Saigon General Services Corporation by Mr. Le Tuan, Mr. Nguyen Hoang Giang, Mr. Nguyen Huy Tuan and Mr. Tran Van Hieu.
Board Change • Nov 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Member of Supervisory Board Hanh Ton Ha was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Sep 20Saigon General Service Corporation Announces Executive ChangesSaigon General Service Corporation announced the Resolution of General Meeting of Shareholders dated September 15, 2022 to approve the following contents: approved the resignation of Mrs. Hoang Thi Thu Huong as member of Supervisory Board for the term 2020 – 2025; Approved the additional election of Mr. Ha Ton Trung Hanh as member of Supervisory Board for the term 2020 – 2025. Approved the list of members of Supervisory Board for the term 2020 – 2025, including: Mr. Ngo Hoa: member of Supervisory Board; Mrs. Nguyen Thi Hai Yen: member of Supervisory Board; and Mr. Ha Ton Trung Hanh: member of Supervisory Board.
Valuation Update With 7 Day Price Move • Aug 15Investor sentiment improved over the past weekAfter last week's 21% share price gain to ₫116,400, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 280% over the past three years.
Reported Earnings • Aug 03Second quarter 2022 earnings released: EPS: ₫2,753 (vs ₫850 in 2Q 2021)Second quarter 2022 results: EPS: ₫2,753 (up from ₫850 in 2Q 2021). Revenue: ₫5.19t (up 47% from 2Q 2021). Net income: ₫92.3b (up 147% from 2Q 2021). Profit margin: 1.8% (up from 1.1% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Jul 15No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Deputy General Director, Director & Member of Board of Management Hieu Tran was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Jun 22Saigon General Service Corporation Approves Cash Dividend Payment for 2021, Payable on July 15, 2022The Board of Directors of Saigon General Service Corporation approved the cash dividend payment for 2021 as follows: Stock type is common stock. Par value is VND 10,000. Payment method is in cash. Exercise ratio is 10%/par value (VND 1,000 per share). Record date is July 04, 2022. Payment date is July 15, 2022. Total payment amount is VND 33,310,032,000.
お知らせ • Jun 08Saigon General Service Corporation Appoints Vo Minh Luc as Deputy Chief Executive OfficerThe Board of Directors of Saigon General Service Corporation approved the appointment of Mr. Vo Minh Luc as Deputy Chief Executive Officer of the Company for the term 2020 – 2025.
Board Change • May 04No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 7 non-independent directors. Deputy General Director, Director & Member of Board of Management Hieu Tran was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Jan 30Full year 2021 earnings: EPS and revenues exceed analyst expectationsFull year 2021 results: EPS: ₫3,799 (down from ₫4,490 in FY 2020). Revenue: ₫14t (down 12% from FY 2020). Net income: ₫143.9b (down 3.8% from FY 2020). Profit margin: 1.0% (up from 0.9% in FY 2020). The increase in margin was driven by lower expenses. Revenue exceeded analyst estimates by 9.6%. Earnings per share (EPS) also surpassed analyst estimates by 58%. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 56% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Jan 24Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫116,300, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 284% over the past three years.
Valuation Update With 7 Day Price Move • Dec 29Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫113,600, the stock trades at a trailing P/E ratio of 25x. Average trailing P/E is 17x in the Retail Distributors industry in Asia. Total returns to shareholders of 275% over the past three years.
Valuation Update With 7 Day Price Move • Dec 02Investor sentiment improved over the past weekAfter last week's 19% share price gain to ₫103,200, the stock trades at a trailing P/E ratio of 22.7x. Average trailing P/E is 16x in the Retail Distributors industry in Asia. Total returns to shareholders of 227% over the past three years.
Reported Earnings • Nov 01Third quarter 2021 earnings released: ₫895 loss per share (vs ₫1,352 profit in 3Q 2020)The company reported a poor third quarter result with weaker earnings, revenues and control over costs. Third quarter 2021 results: Revenue: ₫1.67t (down 57% from 3Q 2020). Net loss: ₫29.8b (down 166% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 19Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫88,800, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 19x in the Retail Distributors industry in Asia. Total returns to shareholders of 174% over the past three years.
Reported Earnings • Jul 28Second quarter 2021 earnings released: EPS ₫850 (vs ₫675 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫3.52t (up 13% from 2Q 2020). Net income: ₫37.3b (up 220% from 2Q 2020). Profit margin: 1.1% (up from 0.4% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Jul 12Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 19 July 2021. Payment date: 04 August 2021. Trailing yield: 1.0%. Lower than top quartile of Vietnamese dividend payers (7.7%). Lower than average of industry peers (2.4%).
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₫75,900, the stock trades at a trailing P/E ratio of 12.5x. Average trailing P/E is 21x in the Retail Distributors industry in Asia. Total returns to shareholders of 154% over the past three years.
Reported Earnings • Jun 05First quarter 2021 earnings released: EPS ₫1,764 (vs ₫185 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₫3.54t (up 12% from 1Q 2020). Net income: ₫60.8b (up ₫50.8b from 1Q 2020). Profit margin: 1.7% (up from 0.3% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Nov 01Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫107.8b, down 26% from the prior year. Total revenue was ₫15t over the last 12 months, down 16% from the prior year.
Is New 90 Day High Low • Oct 28New 90-day high: ₫75,000The company is up 25% from its price of ₫60,075 on 30 July 2020. The Vietnamese market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is down 3.0% over the same period.
Is New 90 Day High Low • Sep 29New 90-day high: ₫71,900The company is up 37% from its price of ₫52,500 on 29 June 2020. The Vietnamese market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Retail Distributors industry, which is up 6.0% over the same period.
