View Financial HealthPetroleum General Distribution Services 配当と自社株買い配当金 基準チェック /26Petroleum General Distribution Services配当を支払う会社であり、現在の利回りは5.92%で、収益によって十分にカバーされています。主要情報5.9%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回りn/a配当成長9.9%次回配当支払日n/a配当落ち日n/a一株当たり配当金n/a配当性向46%最近の配当と自社株買いの更新Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 28 March 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 1.7%.Upcoming Dividend • Feb 29Upcoming dividend of ₫800 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (2.0%).お知らせ • Oct 06Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces an Equity Buyback for 4,000 shares, for VND 40,000 million.Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 shares, at a buying price of VND 10,000 per share, for VND 40,000 million. The shares are being repurchased from those employees who have resigned in accordance with the ESOP regulations in 2021. The program will be funded from the financial revenue of the company’s union. The repurchased shares will be transferred to the company's union.Upcoming Dividend • Feb 20Upcoming dividend of ₫800 per share at 7.2% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (9.3%). Higher than average of industry peers (2.0%).Upcoming Dividend • Mar 03Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 28 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Vietnamese dividend payers (5.9%). Lower than average of industry peers (1.6%).すべての更新を表示Recent updatesReported Earnings • Mar 29Full year 2025 earnings released: EPS: ₫2,709 (vs ₫1,559 in FY 2024)Full year 2025 results: EPS: ₫2,709 (up from ₫1,559 in FY 2024). Revenue: ₫7.82t (up 37% from FY 2024). Net income: ₫140.4b (up 74% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₫15,300, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 28x in the Electronic industry in Asia. Total returns to shareholders of 57% over the past three years.New Risk • Mar 02New 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 5.8% 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 (currently running at an operating cash loss). Earnings have declined by 0.09% per year over the past 5 years. High level of non-cash earnings (62% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (₫932.9b market cap, or US$35.5m).お知らせ • Feb 11Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 15, 2026Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 15, 2026, at 09:00 SE Asia Standard Time. Location: tein phong meeting room of petrolium distribution, service joint stock company room no 207, petro vietnam building, no.1- 5, le duan street, sai gon ward, ho chi minh VietnamNew Risk • Jan 25New major risk - Revenue and earnings growthEarnings have declined by 0.09% 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 0.09% per year over the past 5 years. High level of non-cash earnings (62% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫912.2b market cap, or US$34.7m).Reported Earnings • Jan 24Full year 2025 earnings released: EPS: ₫2,709 (vs ₫1,559 in FY 2024)Full year 2025 results: EPS: ₫2,709 (up from ₫1,559 in FY 2024). Revenue: ₫7.82t (up 37% from FY 2024). Net income: ₫143.1b (up 77% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫18,300, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 28x in the Electronic industry in Asia. Total returns to shareholders of 59% over the past three years.Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫14,800, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 26x in the Electronic industry in Asia. Total returns to shareholders of 40% over the past three years.Reported Earnings • Oct 19Third quarter 2025 earnings released: EPS: ₫856 (vs ₫538 in 3Q 2024)Third quarter 2025 results: EPS: ₫856 (up from ₫538 in 3Q 2024). Revenue: ₫2.21t (up 44% from 3Q 2024). Net income: ₫44.4b (up 59% from 3Q 2024). Profit margin: 2.0% (up from 1.8% 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 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₫15,800, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 24x in the Electronic industry in Asia. Total returns to shareholders of 32% over the past three years.Reported Earnings • Jul 22Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₫1.89t (up 35% from 2Q 2024). Net income: ₫29.5b (up 64% from 2Q 2024). Profit margin: 1.6% (up from 1.3% in 2Q 2024). The increase in margin was driven by higher revenue.New Risk • Apr 10New 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 8.2% 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 Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫544.2b market cap, or US$21.2m).Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫9,900, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 20x in the Electronic industry in Asia. Total loss to shareholders of 51% over the past three years.Reported Earnings • Mar 24Full year 2024 earnings released: EPS: ₫1,559 (vs ₫1,174 in FY 2023)Full year 2024 results: EPS: ₫1,559 (up from ₫1,174 in FY 2023). Revenue: ₫5.70t (down 16% from FY 2023). Net income: ₫80.8b (up 33% from FY 2023). Profit margin: 1.4% (up from 0.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% 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 • Mar 14Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 22, 2025Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 22, 2025, at 09:00 SE Asia Standard Time. Location: room 207, petro vietnam building, no. 1-5 le duan street, ben nghe ward, district 1, ho chi minh VietnamNew Risk • Feb 28New 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 5.2% 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: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (₫689.3b market cap, or US$26.9m).Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₫15,600, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 25x in the Electronic industry in Asia. Total loss to shareholders of 30% over the past three years.Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 28 March 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 1.7%.Reported Earnings • Jan 21Full year 2024 earnings released: EPS: ₫1,549 (vs ₫1,198 in FY 2023)Full year 2024 results: EPS: ₫1,549 (up from ₫1,198 in FY 2023). Revenue: ₫5.73t (down 15% from FY 2023). Net income: ₫82.1b (up 32% from FY 2023). Profit margin: 1.4% (up from 0.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: ₫538 (vs ₫317 in 3Q 2023)Third quarter 2024 results: EPS: ₫538 (up from ₫317 in 3Q 2023). Revenue: ₫1.54t (down 9.3% from 3Q 2023). Net income: ₫27.9b (up 63% from 3Q 2023). Profit margin: 1.8% (up from 1.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.New Risk • Aug 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫678.9b market cap, or US$27.2m).New Risk • Aug 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (98% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫653.0b market cap, or US$26.1m).Upcoming Dividend • Feb 29Upcoming dividend of ₫800 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (2.0%).Reported Earnings • Jan 21Full year 2023 earnings released: EPS: ₫1,198 (vs ₫2,169 in FY 2022)Full year 2023 results: EPS: ₫1,198 (down from ₫2,169 in FY 2022). Revenue: ₫6.76t (down 22% from FY 2022). Net income: ₫62.2b (down 45% from FY 2022). Profit margin: 0.9% (down from 1.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫13,360, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 23x in the Electronic industry in Asia. Total returns to shareholders of 26% over the past three years.New Risk • Oct 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.8% net profit margin). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫642.7b market cap, or US$26.2m).お知らせ • Oct 06Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces an Equity Buyback for 4,000 shares, for VND 40,000 million.Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 shares, at a buying price of VND 10,000 per share, for VND 40,000 million. The shares are being repurchased from those employees who have resigned in accordance with the ESOP regulations in 2021. The program will be funded from the financial revenue of the company’s union. The repurchased shares will be transferred to the company's union.New Risk • Sep 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫713.2b market cap, or US$29.7m).New Risk • Jul 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₫749.9b market cap, or US$31.7m).Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: ₫147 (vs ₫708 in 2Q 2022)Second quarter 2023 results: EPS: ₫147 (down from ₫708 in 2Q 2022). Revenue: ₫1.52t (down 8.7% from 2Q 2022). Net income: ₫5.88b (down 79% from 2Q 2022). Profit margin: 0.4% (down from 1.7% 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 29% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫15,700, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 20x in the Electronic industry in Asia. Total returns to shareholders of 144% over the past three years.Reported Earnings • Apr 21First quarter 2023 earnings released: EPS: ₫552 (vs ₫925 in 1Q 2022)First quarter 2023 results: EPS: ₫552 (down from ₫925 in 1Q 2022). Revenue: ₫1.85t (down 17% from 1Q 2022). Net income: ₫22.0b (down 40% from 1Q 2022). Profit margin: 1.2% (down from 1.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫13,800, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 18x in the Electronic industry in Asia. Total returns to shareholders of 89% over the past three years.Upcoming Dividend • Feb 20Upcoming dividend of ₫800 per share at 7.2% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (9.3%). Higher than average of industry peers (2.0%).Reported Earnings • Feb 02Full year 2022 earnings released: EPS: ₫3,525 (vs ₫3,555 in FY 2021)Full year 2022 results: EPS: ₫3,525 (down from ₫3,555 in FY 2021). Revenue: ₫8.64t (flat on FY 2021). Net income: ₫112.5b (down 20% from FY 2021). Profit margin: 1.3% (down from 1.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫24,000, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 18x in the Electronic industry in Asia. Total returns to shareholders of 145% over the past three years.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫45,300, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 19x in the Electronic industry in Asia. Total returns to shareholders of 383% over the past three years.Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫36,200, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 20x in the Electronic industry in Asia. Total returns to shareholders of 272% over the past three years.Upcoming Dividend • Mar 03Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 28 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Vietnamese dividend payers (5.9%). Lower than average of industry peers (1.6%).Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫39,900, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 21x in the Electronic industry in Asia. Total returns to shareholders of 295% over the past three years.Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS ₫1,253 (vs ₫725 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₫2.34t (down 20% from 3Q 2020). Net income: ₫38.1b (up 72% from 3Q 2020). Profit margin: 1.6% (up from 0.8% in 3Q 2020). The increase in margin was driven by lower expenses. 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 43% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₫34,800, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 21x in the Electronic industry in Asia. Total returns to shareholders of 281% over the past three years.Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₫21,400, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Electronic industry in Asia. Total returns to shareholders of 136% over the past three years.Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS ₫792The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫1.68t (up 5.3% from 2Q 2020). Net income: ₫24.1b (up 83% from 2Q 2020). Profit margin: 1.4% (up from 0.8% in 2Q 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫19,800, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 25x in the Electronic industry in Asia. Total returns to shareholders of 130% over the past three years.Reported Earnings • Jan 23Full year 2020 earnings released: EPS ₫1,646The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: ₫8.23t (up 44% from FY 2019). Net income: ₫51.2b (up 7.6% from FY 2019). Profit margin: 0.6% (down from 0.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫20,200, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 26x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 125%.Is New 90 Day High Low • Jan 18New 90-day high: ₫18,500The company is up 48% from its price of ₫12,500 on 20 October 2020. The Vietnamese market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 16% share price gain to ₫16,000, the stock is trading at a trailing P/E ratio of 9.8x, up from the previous P/E ratio of 8.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 64%.Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 28% share price gain to ₫16,700, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 68%.Is New 90 Day High Low • Nov 09New 90-day high: ₫14,200The company is up 54% from its price of ₫9,200 on 11 August 2020. The Vietnamese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 16% share price gain to ₫14,200, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 44%.Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫56.4b, down 22% from the prior year. Total revenue was ₫7.80t over the last 12 months, up 35% from the prior year.Valuation Update With 7 Day Price Move • Oct 20Market bids up stock over the past weekAfter last week's 16% share price gain to ₫12,500, the stock is trading at a trailing P/E ratio of 7.4x, up from the previous P/E ratio of 6.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 29%.Is New 90 Day High Low • Oct 07New 90-day high: ₫11,000The company is up 16% from its price of ₫9,500 on 09 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.決済の安定と成長配当データの取得安定した配当: PSDは 10 年未満配当金を支払っており、この間、支払額は 変動性 が高かった。増加する配当: PSDの配当金は増加していますが、同社は5年間しか配当金を支払っていません。配当利回り対市場Petroleum General Distribution Services 配当利回り対市場PSD 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (PSD)5.9%市場下位25% (VN)3.1%市場トップ25% (VN)8.1%業界平均 (Electronic)1.1%アナリスト予想 (PSD) (最長3年)n/a注目すべき配当: PSDの配当金 ( 5.92% ) はVN市場の配当金支払者の下位 25% ( 3.12% ) よりも高くなっています。高配当: PSDの配当金 ( 5.92% ) はVN市場の配当金支払者の上位 25% ( 8.08% ) と比較すると低いです。株主への利益配当収益カバレッジ: PSDの 配当性向 ( 46.1% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: PSDは配当金を支払っていますが、同社にはフリーキャッシュフローがありません。高配当企業の発掘7D1Y7D1Y7D1YVN 市場の強力な配当支払い企業。View Management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2026/05/22 10:56終値2026/05/22 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Petroleum General Distribution Services Joint Stock Company 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。0
Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 28 March 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 1.7%.
Upcoming Dividend • Feb 29Upcoming dividend of ₫800 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (2.0%).
お知らせ • Oct 06Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces an Equity Buyback for 4,000 shares, for VND 40,000 million.Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 shares, at a buying price of VND 10,000 per share, for VND 40,000 million. The shares are being repurchased from those employees who have resigned in accordance with the ESOP regulations in 2021. The program will be funded from the financial revenue of the company’s union. The repurchased shares will be transferred to the company's union.
Upcoming Dividend • Feb 20Upcoming dividend of ₫800 per share at 7.2% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (9.3%). Higher than average of industry peers (2.0%).
Upcoming Dividend • Mar 03Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 28 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Vietnamese dividend payers (5.9%). Lower than average of industry peers (1.6%).
Reported Earnings • Mar 29Full year 2025 earnings released: EPS: ₫2,709 (vs ₫1,559 in FY 2024)Full year 2025 results: EPS: ₫2,709 (up from ₫1,559 in FY 2024). Revenue: ₫7.82t (up 37% from FY 2024). Net income: ₫140.4b (up 74% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 16% per year.
Valuation Update With 7 Day Price Move • Mar 09Investor sentiment deteriorates as stock falls 20%After last week's 20% share price decline to ₫15,300, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 28x in the Electronic industry in Asia. Total returns to shareholders of 57% over the past three years.
New Risk • Mar 02New 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 5.8% 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 (currently running at an operating cash loss). Earnings have declined by 0.09% per year over the past 5 years. High level of non-cash earnings (62% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (5.8% average weekly change). Market cap is less than US$100m (₫932.9b market cap, or US$35.5m).
お知らせ • Feb 11Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 15, 2026Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 15, 2026, at 09:00 SE Asia Standard Time. Location: tein phong meeting room of petrolium distribution, service joint stock company room no 207, petro vietnam building, no.1- 5, le duan street, sai gon ward, ho chi minh Vietnam
New Risk • Jan 25New major risk - Revenue and earnings growthEarnings have declined by 0.09% 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 0.09% per year over the past 5 years. High level of non-cash earnings (62% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫912.2b market cap, or US$34.7m).
Reported Earnings • Jan 24Full year 2025 earnings released: EPS: ₫2,709 (vs ₫1,559 in FY 2024)Full year 2025 results: EPS: ₫2,709 (up from ₫1,559 in FY 2024). Revenue: ₫7.82t (up 37% from FY 2024). Net income: ₫143.1b (up 77% from FY 2024). Profit margin: 1.8% (up from 1.4% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 9% per year.
Valuation Update With 7 Day Price Move • Jan 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫18,300, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 28x in the Electronic industry in Asia. Total returns to shareholders of 59% over the past three years.
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫14,800, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 26x in the Electronic industry in Asia. Total returns to shareholders of 40% over the past three years.
Reported Earnings • Oct 19Third quarter 2025 earnings released: EPS: ₫856 (vs ₫538 in 3Q 2024)Third quarter 2025 results: EPS: ₫856 (up from ₫538 in 3Q 2024). Revenue: ₫2.21t (up 44% from 3Q 2024). Net income: ₫44.4b (up 59% from 3Q 2024). Profit margin: 2.0% (up from 1.8% 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 7% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jul 31Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₫15,800, the stock trades at a trailing P/E ratio of 8.5x. Average trailing P/E is 24x in the Electronic industry in Asia. Total returns to shareholders of 32% over the past three years.
Reported Earnings • Jul 22Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: ₫1.89t (up 35% from 2Q 2024). Net income: ₫29.5b (up 64% from 2Q 2024). Profit margin: 1.6% (up from 1.3% in 2Q 2024). The increase in margin was driven by higher revenue.
New Risk • Apr 10New 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 8.2% 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 Risk Share price has been highly volatile over the past 3 months (8.2% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₫544.2b market cap, or US$21.2m).
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫9,900, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 20x in the Electronic industry in Asia. Total loss to shareholders of 51% over the past three years.
Reported Earnings • Mar 24Full year 2024 earnings released: EPS: ₫1,559 (vs ₫1,174 in FY 2023)Full year 2024 results: EPS: ₫1,559 (up from ₫1,174 in FY 2023). Revenue: ₫5.70t (down 16% from FY 2023). Net income: ₫80.8b (up 33% from FY 2023). Profit margin: 1.4% (up from 0.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% 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 • Mar 14Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 22, 2025Petroleum General Distribution Services Joint Stock Company, Annual General Meeting, Apr 22, 2025, at 09:00 SE Asia Standard Time. Location: room 207, petro vietnam building, no. 1-5 le duan street, ben nghe ward, district 1, ho chi minh Vietnam
New Risk • Feb 28New 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 5.2% 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: Minor Risks Share price has been volatile over the past 3 months (5.2% average weekly change). Market cap is less than US$100m (₫689.3b market cap, or US$26.9m).
Valuation Update With 7 Day Price Move • Feb 25Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₫15,600, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 25x in the Electronic industry in Asia. Total loss to shareholders of 30% over the past three years.
Upcoming Dividend • Feb 20Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 27 February 2025. Payment date: 28 March 2025. The company last paid an ordinary dividend in July 2021. The average dividend yield among industry peers is 1.7%.
Reported Earnings • Jan 21Full year 2024 earnings released: EPS: ₫1,549 (vs ₫1,198 in FY 2023)Full year 2024 results: EPS: ₫1,549 (up from ₫1,198 in FY 2023). Revenue: ₫5.73t (down 15% from FY 2023). Net income: ₫82.1b (up 32% from FY 2023). Profit margin: 1.4% (up from 0.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
Reported Earnings • Oct 19Third quarter 2024 earnings released: EPS: ₫538 (vs ₫317 in 3Q 2023)Third quarter 2024 results: EPS: ₫538 (up from ₫317 in 3Q 2023). Revenue: ₫1.54t (down 9.3% from 3Q 2023). Net income: ₫27.9b (up 63% from 3Q 2023). Profit margin: 1.8% (up from 1.0% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings.
New Risk • Aug 17New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (currently running at an operating cash loss). Minor Risks Paying a dividend despite having no free cash flows. Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫678.9b market cap, or US$27.2m).
New Risk • Aug 06New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks High level of debt (98% net debt to equity). Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫653.0b market cap, or US$26.1m).
Upcoming Dividend • Feb 29Upcoming dividend of ₫800 per shareEligible shareholders must have bought the stock before 07 March 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of Vietnamese dividend payers (8.5%). Higher than average of industry peers (2.0%).
Reported Earnings • Jan 21Full year 2023 earnings released: EPS: ₫1,198 (vs ₫2,169 in FY 2022)Full year 2023 results: EPS: ₫1,198 (down from ₫2,169 in FY 2022). Revenue: ₫6.76t (down 22% from FY 2022). Net income: ₫62.2b (down 45% from FY 2022). Profit margin: 0.9% (down from 1.3% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Nov 13Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₫13,360, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 23x in the Electronic industry in Asia. Total returns to shareholders of 26% over the past three years.
New Risk • Oct 25New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 27% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). High level of non-cash earnings (27% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (0.8% net profit margin). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫642.7b market cap, or US$26.2m).
お知らせ • Oct 06Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces an Equity Buyback for 4,000 shares, for VND 40,000 million.Petroleum General Distribution Services Joint Stock Company (HNX:PSD) announces a share repurchase program. Under the program, the company will repurchase up to 4,000 shares, at a buying price of VND 10,000 per share, for VND 40,000 million. The shares are being repurchased from those employees who have resigned in accordance with the ESOP regulations in 2021. The program will be funded from the financial revenue of the company’s union. The repurchased shares will be transferred to the company's union.
New Risk • Sep 07New minor risk - Shareholder dilutionThe company's shareholders have been diluted in the past year. Increase in shares outstanding: 3.9% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (11% operating cash flow to total debt). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.9% net profit margin). Shareholders have been diluted in the past year (3.9% increase in shares outstanding). Market cap is less than US$100m (₫713.2b market cap, or US$29.7m).
New Risk • Jul 28New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.9% net profit margin). Market cap is less than US$100m (₫749.9b market cap, or US$31.7m).
Reported Earnings • Jul 27Second quarter 2023 earnings released: EPS: ₫147 (vs ₫708 in 2Q 2022)Second quarter 2023 results: EPS: ₫147 (down from ₫708 in 2Q 2022). Revenue: ₫1.52t (down 8.7% from 2Q 2022). Net income: ₫5.88b (down 79% from 2Q 2022). Profit margin: 0.4% (down from 1.7% 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 29% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • May 31Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₫15,700, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 20x in the Electronic industry in Asia. Total returns to shareholders of 144% over the past three years.
Reported Earnings • Apr 21First quarter 2023 earnings released: EPS: ₫552 (vs ₫925 in 1Q 2022)First quarter 2023 results: EPS: ₫552 (down from ₫925 in 1Q 2022). Revenue: ₫1.85t (down 17% from 1Q 2022). Net income: ₫22.0b (down 40% from 1Q 2022). Profit margin: 1.2% (down from 1.7% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Mar 03Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₫13,800, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 18x in the Electronic industry in Asia. Total returns to shareholders of 89% over the past three years.
Upcoming Dividend • Feb 20Upcoming dividend of ₫800 per share at 7.2% yieldEligible shareholders must have bought the stock before 27 February 2023. Payment date: 30 March 2023. Payout ratio is a comfortable 32% but the company is not cash flow positive. Trailing yield: 7.2%. Lower than top quartile of Vietnamese dividend payers (9.3%). Higher than average of industry peers (2.0%).
Reported Earnings • Feb 02Full year 2022 earnings released: EPS: ₫3,525 (vs ₫3,555 in FY 2021)Full year 2022 results: EPS: ₫3,525 (down from ₫3,555 in FY 2021). Revenue: ₫8.64t (flat on FY 2021). Net income: ₫112.5b (down 20% from FY 2021). Profit margin: 1.3% (down from 1.6% in FY 2021). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 15Investor sentiment deteriorated over the past weekAfter last week's 19% share price decline to ₫24,000, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 18x in the Electronic industry in Asia. Total returns to shareholders of 145% over the past three years.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₫45,300, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 19x in the Electronic industry in Asia. Total returns to shareholders of 383% over the past three years.
Valuation Update With 7 Day Price Move • Mar 14Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₫36,200, the stock trades at a trailing P/E ratio of 21.5x. Average trailing P/E is 20x in the Electronic industry in Asia. Total returns to shareholders of 272% over the past three years.
Upcoming Dividend • Mar 03Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 10 March 2022. Payment date: 28 March 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of Vietnamese dividend payers (5.9%). Lower than average of industry peers (1.6%).
Valuation Update With 7 Day Price Move • Feb 16Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₫39,900, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 21x in the Electronic industry in Asia. Total returns to shareholders of 295% over the past three years.
Reported Earnings • Oct 20Third quarter 2021 earnings released: EPS ₫1,253 (vs ₫725 in 3Q 2020)The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₫2.34t (down 20% from 3Q 2020). Net income: ₫38.1b (up 72% from 3Q 2020). Profit margin: 1.6% (up from 0.8% in 3Q 2020). The increase in margin was driven by lower expenses. 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 43% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improved over the past weekAfter last week's 26% share price gain to ₫34,800, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 21x in the Electronic industry in Asia. Total returns to shareholders of 281% over the past three years.
Valuation Update With 7 Day Price Move • Sep 06Investor sentiment improved over the past weekAfter last week's 22% share price gain to ₫21,400, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Electronic industry in Asia. Total returns to shareholders of 136% over the past three years.
Reported Earnings • Jul 21Second quarter 2021 earnings released: EPS ₫792The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫1.68t (up 5.3% from 2Q 2020). Net income: ₫24.1b (up 83% from 2Q 2020). Profit margin: 1.4% (up from 0.8% in 2Q 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Apr 07Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫19,800, the stock trades at a trailing P/E ratio of 12x. Average trailing P/E is 25x in the Electronic industry in Asia. Total returns to shareholders of 130% over the past three years.
Reported Earnings • Jan 23Full year 2020 earnings released: EPS ₫1,646The company reported a solid full year result with improved earnings and revenues, although profit margins were weaker. Full year 2020 results: Revenue: ₫8.23t (up 44% from FY 2019). Net income: ₫51.2b (up 7.6% from FY 2019). Profit margin: 0.6% (down from 0.8% in FY 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Jan 19Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₫20,200, the stock is trading at a trailing P/E ratio of 12.3x, up from the previous P/E ratio of 10.3x. This compares to an average P/E of 26x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 125%.
Is New 90 Day High Low • Jan 18New 90-day high: ₫18,500The company is up 48% from its price of ₫12,500 on 20 October 2020. The Vietnamese market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 16% over the same period.
Valuation Update With 7 Day Price Move • Nov 17Market bids up stock over the past weekAfter last week's 16% share price gain to ₫16,000, the stock is trading at a trailing P/E ratio of 9.8x, up from the previous P/E ratio of 8.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 64%.
Valuation Update With 7 Day Price Move • Nov 13Market bids up stock over the past weekAfter last week's 28% share price gain to ₫16,700, the stock is trading at a trailing P/E ratio of 10.2x, up from the previous P/E ratio of 7.9x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 68%.
Is New 90 Day High Low • Nov 09New 90-day high: ₫14,200The company is up 54% from its price of ₫9,200 on 11 August 2020. The Vietnamese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 4.0% over the same period.
Valuation Update With 7 Day Price Move • Nov 09Market bids up stock over the past weekAfter last week's 16% share price gain to ₫14,200, the stock is trading at a trailing P/E ratio of 8.7x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 44%.
Reported Earnings • Oct 22Third quarter earnings releasedOver the last 12 months the company has reported total profits of ₫56.4b, down 22% from the prior year. Total revenue was ₫7.80t over the last 12 months, up 35% from the prior year.
Valuation Update With 7 Day Price Move • Oct 20Market bids up stock over the past weekAfter last week's 16% share price gain to ₫12,500, the stock is trading at a trailing P/E ratio of 7.4x, up from the previous P/E ratio of 6.4x. This compares to an average P/E of 24x in the Electronic industry in Asia. Total returns to shareholders over the past three years are 29%.
Is New 90 Day High Low • Oct 07New 90-day high: ₫11,000The company is up 16% from its price of ₫9,500 on 09 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is down 1.0% over the same period.