Saigon Ground Services（SGN）株式概要サイゴン・グラウンド・サービス・ジョイント・ストック・カンパニーは、ベトナムのタンソンニャット国際空港で、国際線および国内線の航空会社に地上サービスを提供している。 詳細SGN 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1/6財務の健全性6/6配当金2/6報酬株価収益率（ 10.2 x） VN市場（ 11.2 x）を下回っています。リスク分析高いレベルの非現金収入 意味のある時価総額がありません ( ₫1,739B )4.82%の配当はフリーキャッシュフローで十分にカバーされていない すべてのリスクチェックを見るSGN 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₫51.90k41.6% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture04t2016201920222025202620282031Revenue ₫3.9tEarnings ₫460.1bAdvancedSet Fair ValueView all narrativesSaigon Ground Services Joint Stock Company 競合他社Noibai Cargo Terminal ServicesSymbol: HOSE:NCTMarket cap: ₫2.4tCam Ranh International Airport ServicesSymbol: HNX:CIAMarket cap: ₫184.7bDanang Airports ServicesSymbol: HNX:MASMarket cap: ₫149.4bDinh Vu Port Development and InvestmentSymbol: HOSE:DVPMarket cap: ₫3.0t価格と性能株価の高値、安値、推移の概要Saigon Ground Services過去の株価現在の株価₫51,900.0052週高値₫70,300.0052週安値₫50,200.00ベータ0.231ヶ月の変化1.37%3ヶ月変化-10.52%1年変化-20.88%3年間の変化-28.41%5年間の変化-21.24%IPOからの変化-49.54%最新ニュースNew Risk • Mar 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 92% 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 Risk High level of non-cash earnings (92% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫1.78t market cap, or US$67.5m).Buy Or Sell Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ₫51,600. The fair value is estimated to be ₫65,384, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫350.9b (down 7.6% from 3Q 2024). Net income: ₫38.3b (down 44% from 3Q 2024). Profit margin: 11% (down from 18% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 31Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 07 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (2.8%).お知らせ • Oct 11Saigon Ground Services Joint Stock Company announces Annual dividend, payable on December 10, 2025Saigon Ground Services Joint Stock Company announced Annual dividend of VND 2500.0000 per share payable on December 10, 2025, ex-date on November 07, 2025 and record date on November 10, 2025.Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: ₫1,665 (vs ₫1,763 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,665 (down from ₫1,763 in 2Q 2024). Revenue: ₫356.0b (down 6.4% from 2Q 2024). Net income: ₫55.8b (down 4.9% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.最新情報をもっと見るRecent updatesNew Risk • Mar 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 92% 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 Risk High level of non-cash earnings (92% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫1.78t market cap, or US$67.5m).Buy Or Sell Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ₫51,600. The fair value is estimated to be ₫65,384, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫350.9b (down 7.6% from 3Q 2024). Net income: ₫38.3b (down 44% from 3Q 2024). Profit margin: 11% (down from 18% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Oct 31Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 07 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (2.8%).お知らせ • Oct 11Saigon Ground Services Joint Stock Company announces Annual dividend, payable on December 10, 2025Saigon Ground Services Joint Stock Company announced Annual dividend of VND 2500.0000 per share payable on December 10, 2025, ex-date on November 07, 2025 and record date on November 10, 2025.Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: ₫1,665 (vs ₫1,763 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,665 (down from ₫1,763 in 2Q 2024). Revenue: ₫356.0b (down 6.4% from 2Q 2024). Net income: ₫55.8b (down 4.9% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Board Change • Jul 08Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. Independent Director Khanh Luu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: ₫2,132 (vs ₫1,729 in 1Q 2024)First quarter 2025 results: EPS: ₫2,132 (up from ₫1,729 in 1Q 2024). Revenue: ₫418.0b (up 13% from 1Q 2024). Net income: ₫71.5b (up 7.7% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫63,000, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Infrastructure industry in Vietnam. Negligible returns to shareholders over past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫68,700, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 13x in the Infrastructure industry in Vietnam. Negligible returns to shareholders over past three years.New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.47t (US$96.5m) 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. This is currently the only risk that has been identified for the company.New Risk • Apr 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫102,100, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 14x in the Infrastructure industry in Vietnam. Total returns to shareholders of 48% over the past three years.New Risk • Nov 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.55t (US$99.4m) 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 Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₫2.55t market cap, or US$99.4m).Upcoming Dividend • Aug 22Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Vietnamese dividend payers (8.2%). Lower than average of industry peers (4.2%).お知らせ • Jul 27Saigon Ground Services Joint Stock Company Announces Board ChangesOn July 25, 2024, Saigon Ground Services Joint Stock Company issued the resolution of 2024 Extraordinary general meeting with details as follows: approved the resignation of Mr. Dang Tuan Tu, Mr. Nguyen Nam Tien as member of the BOD; approved the additional election of Mr. Nguyen Cao Cuong as Chairman of the BOD, and Mr. Nguyen Cong Hoan as member of the BOD.お知らせ • Jul 25Sai Gon Ground Services Joint Stock Company Approves to Implement to Pay Cash Dividend for 2023, Payable on September 30, 2024On July 23, 2024, the BOD of Sai Gon Ground Services Joint Stock Company approved the record date for 2023 cash dividend payment as follows: Record date: August 30, 2024. Payment time: September 30, 2024. Exercise ratio: 25%/share (2,500 VND/share).Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: ₫1,761 (vs ₫2,008 in 2Q 2023)Second quarter 2024 results: EPS: ₫1,761 (down from ₫2,008 in 2Q 2023). Revenue: ₫380.2b (up 3.8% from 2Q 2023). Net income: ₫63.5b (down 16% from 2Q 2023). Profit margin: 17% (down from 21% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Declared Dividend • Jul 25Dividend of ₫2,500 announcedDividend of ₫2,500 is the same as last year. Ex-date: 29th August 2024 Payment date: 30th September 2024 Dividend yield will be 3.0%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.1% EPS decline seen over the last 5 years.Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: ₫1,845 (vs ₫1,648 in 1Q 2023)First quarter 2024 results: EPS: ₫1,845 (up from ₫1,648 in 1Q 2023). Revenue: ₫368.7b (up 12% from 1Q 2023). Net income: ₫61.9b (up 12% from 1Q 2023). Profit margin: 17% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.お知らせ • Apr 06Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 25, 2024Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 25, 2024. Location: Floor 5, Pavillon, 202 Hoang Van Thu street, ward 9, Phu Nhuan district Hi Chi Minh City VietnamReported Earnings • Jan 28Full year 2023 earnings released: EPS: ₫6,549 (vs ₫3,971 in FY 2022)Full year 2023 results: EPS: ₫6,549 (up from ₫3,971 in FY 2022). Revenue: ₫1.46t (up 46% from FY 2022). Net income: ₫227.5b (up 71% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: ₫2,156 (vs ₫898 in 3Q 2022)Third quarter 2023 results: EPS: ₫2,156 (up from ₫898 in 3Q 2022). Revenue: ₫394.6b (up 36% from 3Q 2022). Net income: ₫72.3b (up 140% from 3Q 2022). Profit margin: 18% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Upcoming Dividend • Aug 22Upcoming dividend of ₫2,500 per share at 3.4% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Vietnamese dividend payers (8.9%). Lower than average of industry peers (4.1%).お知らせ • Aug 12Sai Gon Ground Services Joint Stock Company Approves to Implement to Pay Cash Dividend for 2022, Payable on September 15, 2023The Board of Directors of Sai Gon Ground Services Joint Stock Company approved to implement to pay cash dividend for 2022 as follows Exercise ratio of 25% (2,500 dongs/share). Record date is August 30, 2023 and payment date is September 15, 2023.Reported Earnings • Jul 25Second quarter 2023 earnings released: EPS: ₫2,332 (vs ₫1,449 in 2Q 2022)Second quarter 2023 results: EPS: ₫2,332 (up from ₫1,449 in 2Q 2022). Revenue: ₫365.3b (up 54% from 2Q 2022). Net income: ₫74.8b (up 54% from 2Q 2022). Profit margin: 21% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: ₫1,648 (vs ₫900 in 1Q 2022)First quarter 2023 results: EPS: ₫1,648 (up from ₫900 in 1Q 2022). Revenue: ₫329.2b (up 95% from 1Q 2022). Net income: ₫55.3b (up 83% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.Reported Earnings • Jan 18Full year 2022 earnings released: EPS: ₫3,835 (vs ₫1,584 in FY 2021)Full year 2022 results: EPS: ₫3,835 (up from ₫1,584 in FY 2021). Revenue: ₫995.2b (up 104% from FY 2021). Net income: ₫138.3b (up 160% from FY 2021). Profit margin: 14% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.Board Change • Nov 16No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.Upcoming Dividend • Aug 19Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Vietnamese dividend payers (7.4%). Lower than average of industry peers (3.6%).お知らせ • Aug 11Sai Gon Ground Services Joint Stock Company Approves Implement to Pay Cash Dividend for 2021, Payable on September 15, 2022The Board of Directors of Sai Gon Ground Services Joint Stock Company approved to implement to pay cash dividend for 2021 as follows Exercise ratio of 25% (2,500 dongs/share). Record date is August 29, 2022 and payment date is September 15, 2022.Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: ₫1,453 (vs ₫2.84 loss in 2Q 2021)Second quarter 2022 results: EPS: ₫1,453 (up from ₫2.84 loss in 2Q 2021). Revenue: ₫237.6b (up 63% from 2Q 2021). Net income: ₫48.7b (up ₫48.8b from 2Q 2021). Profit margin: 21% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.お知らせ • Jul 15Saigon Ground Services Joint Stock Company Announces Resignation of Nguyen Dinh Hung as Chairman of the BODSaigon Ground Services Joint Stock Company announced Mr. Nguyen Dinh Hung is resigned to Chairman of the BOD. Effective date is June 30, 2022.お知らせ • Jun 08Saigon Ground Services Joint Stock Company Appoints Mr. Luu Viet Hung as Deputy CEOSaigon Ground Services Joint Stock Company announced the appointment of Mr. Luu Viet Hung as Deputy CEO. Term 2022-2025 and Effective date May 19, 2022.Board Change • Apr 27No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.お知らせ • Apr 09Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 27, 2022Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 27, 2022, at 01:30 Coordinated Universal Time. Location: Pavillon Conference Center, 202 Hoang Van Thu, ward 9, Phu Nhuan District Ho Chí Minh VietnamReported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫1,584 (down from ₫2,013 in FY 2020). Revenue: ₫488.3b (down 33% from FY 2020). Net income: ₫53.1b (down 21% from FY 2020). Profit margin: 11% (up from 9.2% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫1,599 (down from ₫2,627 in FY 2020). Revenue: ₫488.3b (down 33% from FY 2020). Net income: ₫53.6b (down 39% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 01Third quarter 2021 earnings released: ₫324 loss per share (vs ₫154 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: ₫53.5b (down 57% from 3Q 2020). Net loss: ₫10.9b (down 310% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Upcoming Dividend • Oct 01Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 25 October 2021. Trailing yield: 2.9%. Lower than top quartile of Vietnamese dividend payers (6.6%). Lower than average of industry peers (3.6%).Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫636 (vs ₫4.97 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫145.8b (up 28% from 2Q 2020). Net income: ₫21.3b (up ₫21.2b from 2Q 2020). Profit margin: 15% (up from 0.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% 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.Upcoming Dividend • Jul 09Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 16 July 2021. Payment date: 03 August 2021. Trailing yield: 5.8%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (4.4%).Is New 90 Day High Low • Jan 13New 90-day high: ₫72,100The company is up 7.0% from its price of ₫67,500 on 15 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 22% over the same period.Is New 90 Day High Low • Oct 27New 90-day high: ₫71,900The company is up 5.0% from its price of ₫68,300 on 29 July 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 23% over the same period.株主還元SGNVN InfrastructureVN 市場7D-1.9%-4.7%-1.4%1Y-20.9%13.7%42.7%株主還元を見る業界別リターン: SGN過去 1 年間で13.7 % の収益を上げたVN Infrastructure業界を下回りました。リターン対市場: SGNは、過去 1 年間で42.7 % のリターンを上げたVN市場を下回りました。価格変動Is SGN's price volatile compared to industry and market?SGN volatilitySGN Average Weekly Movement3.1%Infrastructure Industry Average Movement4.7%Market Average Movement5.0%10% most volatile stocks in VN Market7.9%10% least volatile stocks in VN Market2.9%安定した株価: SGN 、 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: SGNの 週次ボラティリティ ( 3% ) 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20041,914Anh Buiwww.sags.vnサイゴン・グラウンド・サービス・ジョイントストック・カンパニー（Saigon Ground Services Joint Stock Company）は、ベトナムのタンソンニャット国際空港で、国際・国内航空会社に地上サービスを提供している。同社は旅客、ランプ、手荷物、航空機外観、ロードコントロール、フライト、貨物、訓練、航空ITサポート、ラインメンテナンス、その他のサポートサービスを提供している。また、地上支援機器のワークショップサービスも提供している。サイゴン・グラウンド・サービス・ジョイントストック・カンパニーは2004年に設立され、ベトナムのホーチミン市に拠点を置いている。もっと見るSaigon Ground Services Joint Stock Company 基礎のまとめSaigon Ground Services の収益と売上を時価総額と比較するとどうか。SGN 基礎統計学時価総額₫1.74t収益（TTM）₫170.04b売上高(TTM)₫1.45t10.2xPER（株価収益率1.2xP/SレシオSGN 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SGN 損益計算書（TTM）収益₫1.45t売上原価₫1.03t売上総利益₫417.36bその他の費用₫247.32b収益₫170.04b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）5.08kグロス・マージン28.76%純利益率11.72%有利子負債／自己資本比率0%SGN の長期的なパフォーマンスは？過去の実績と比較を見る配当金4.8%現在の配当利回り41%配当性向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2026/05/22 23:48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Saigon Ground 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。1 アナリスト機関Kim NguyenSSI Securities Corporation
New Risk • Mar 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 92% 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 Risk High level of non-cash earnings (92% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫1.78t market cap, or US$67.5m).
Buy Or Sell Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ₫51,600. The fair value is estimated to be ₫65,384, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.
Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫350.9b (down 7.6% from 3Q 2024). Net income: ₫38.3b (down 44% from 3Q 2024). Profit margin: 11% (down from 18% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 31Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 07 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (2.8%).
お知らせ • Oct 11Saigon Ground Services Joint Stock Company announces Annual dividend, payable on December 10, 2025Saigon Ground Services Joint Stock Company announced Annual dividend of VND 2500.0000 per share payable on December 10, 2025, ex-date on November 07, 2025 and record date on November 10, 2025.
Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: ₫1,665 (vs ₫1,763 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,665 (down from ₫1,763 in 2Q 2024). Revenue: ₫356.0b (down 6.4% from 2Q 2024). Net income: ₫55.8b (down 4.9% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
New Risk • Mar 30New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 92% 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 Risk High level of non-cash earnings (92% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₫1.78t market cap, or US$67.5m).
Buy Or Sell Opportunity • Mar 23Now 21% undervalued after recent price dropOver the last 90 days, the stock has fallen 13% to ₫51,600. The fair value is estimated to be ₫65,384, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%.
Reported Earnings • Oct 31Third quarter 2025 earnings releasedThird quarter 2025 results: Revenue: ₫350.9b (down 7.6% from 3Q 2024). Net income: ₫38.3b (down 44% from 3Q 2024). Profit margin: 11% (down from 18% in 3Q 2024). Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Oct 31Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 07 November 2025. Payment date: 10 December 2025. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 3.9%. Lower than top quartile of Vietnamese dividend payers (7.5%). Higher than average of industry peers (2.8%).
お知らせ • Oct 11Saigon Ground Services Joint Stock Company announces Annual dividend, payable on December 10, 2025Saigon Ground Services Joint Stock Company announced Annual dividend of VND 2500.0000 per share payable on December 10, 2025, ex-date on November 07, 2025 and record date on November 10, 2025.
Reported Earnings • Jul 26Second quarter 2025 earnings released: EPS: ₫1,665 (vs ₫1,763 in 2Q 2024)Second quarter 2025 results: EPS: ₫1,665 (down from ₫1,763 in 2Q 2024). Revenue: ₫356.0b (down 6.4% from 2Q 2024). Net income: ₫55.8b (down 4.9% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Board Change • Jul 08Less than half of directors are independentThere are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 3 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. Independent Director Khanh Luu was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors.
Reported Earnings • Apr 30First quarter 2025 earnings released: EPS: ₫2,132 (vs ₫1,729 in 1Q 2024)First quarter 2025 results: EPS: ₫2,132 (up from ₫1,729 in 1Q 2024). Revenue: ₫418.0b (up 13% from 1Q 2024). Net income: ₫71.5b (up 7.7% from 1Q 2024). Profit margin: 17% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Apr 23Investor sentiment deteriorates as stock falls 17%After last week's 17% share price decline to ₫63,000, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 13x in the Infrastructure industry in Vietnam. Negligible returns to shareholders over past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₫68,700, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 13x in the Infrastructure industry in Vietnam. Negligible returns to shareholders over past three years.
New Risk • Apr 04New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.47t (US$96.5m) 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. This is currently the only risk that has been identified for the company.
New Risk • Apr 03New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.3% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Valuation Update With 7 Day Price Move • Feb 06Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₫102,100, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 14x in the Infrastructure industry in Vietnam. Total returns to shareholders of 48% over the past three years.
New Risk • Nov 06New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₫2.55t (US$99.4m) 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 Risk Earnings have declined by 3.2% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₫2.55t market cap, or US$99.4m).
Upcoming Dividend • Aug 22Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 29 August 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.0%. Lower than top quartile of Vietnamese dividend payers (8.2%). Lower than average of industry peers (4.2%).
お知らせ • Jul 27Saigon Ground Services Joint Stock Company Announces Board ChangesOn July 25, 2024, Saigon Ground Services Joint Stock Company issued the resolution of 2024 Extraordinary general meeting with details as follows: approved the resignation of Mr. Dang Tuan Tu, Mr. Nguyen Nam Tien as member of the BOD; approved the additional election of Mr. Nguyen Cao Cuong as Chairman of the BOD, and Mr. Nguyen Cong Hoan as member of the BOD.
お知らせ • Jul 25Sai Gon Ground Services Joint Stock Company Approves to Implement to Pay Cash Dividend for 2023, Payable on September 30, 2024On July 23, 2024, the BOD of Sai Gon Ground Services Joint Stock Company approved the record date for 2023 cash dividend payment as follows: Record date: August 30, 2024. Payment time: September 30, 2024. Exercise ratio: 25%/share (2,500 VND/share).
Reported Earnings • Jul 25Second quarter 2024 earnings released: EPS: ₫1,761 (vs ₫2,008 in 2Q 2023)Second quarter 2024 results: EPS: ₫1,761 (down from ₫2,008 in 2Q 2023). Revenue: ₫380.2b (up 3.8% from 2Q 2023). Net income: ₫63.5b (down 16% from 2Q 2023). Profit margin: 17% (down from 21% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Declared Dividend • Jul 25Dividend of ₫2,500 announcedDividend of ₫2,500 is the same as last year. Ex-date: 29th August 2024 Payment date: 30th September 2024 Dividend yield will be 3.0%, which is lower than the industry average of 3.9%. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 3.1% per year over the past 5 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 59% to shift the payout ratio to a potentially unsustainable range, which is more than the 5.1% EPS decline seen over the last 5 years.
Reported Earnings • Apr 25First quarter 2024 earnings released: EPS: ₫1,845 (vs ₫1,648 in 1Q 2023)First quarter 2024 results: EPS: ₫1,845 (up from ₫1,648 in 1Q 2023). Revenue: ₫368.7b (up 12% from 1Q 2023). Net income: ₫61.9b (up 12% from 1Q 2023). Profit margin: 17% (in line with 1Q 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
お知らせ • Apr 06Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 25, 2024Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 25, 2024. Location: Floor 5, Pavillon, 202 Hoang Van Thu street, ward 9, Phu Nhuan district Hi Chi Minh City Vietnam
Reported Earnings • Jan 28Full year 2023 earnings released: EPS: ₫6,549 (vs ₫3,971 in FY 2022)Full year 2023 results: EPS: ₫6,549 (up from ₫3,971 in FY 2022). Revenue: ₫1.46t (up 46% from FY 2022). Net income: ₫227.5b (up 71% from FY 2022). Profit margin: 16% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Oct 27Third quarter 2023 earnings released: EPS: ₫2,156 (vs ₫898 in 3Q 2022)Third quarter 2023 results: EPS: ₫2,156 (up from ₫898 in 3Q 2022). Revenue: ₫394.6b (up 36% from 3Q 2022). Net income: ₫72.3b (up 140% from 3Q 2022). Profit margin: 18% (up from 10% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 22Upcoming dividend of ₫2,500 per share at 3.4% yieldEligible shareholders must have bought the stock before 29 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 45% and this is well supported by cash flows. Trailing yield: 3.4%. Lower than top quartile of Vietnamese dividend payers (8.9%). Lower than average of industry peers (4.1%).
お知らせ • Aug 12Sai Gon Ground Services Joint Stock Company Approves to Implement to Pay Cash Dividend for 2022, Payable on September 15, 2023The Board of Directors of Sai Gon Ground Services Joint Stock Company approved to implement to pay cash dividend for 2022 as follows Exercise ratio of 25% (2,500 dongs/share). Record date is August 30, 2023 and payment date is September 15, 2023.
Reported Earnings • Jul 25Second quarter 2023 earnings released: EPS: ₫2,332 (vs ₫1,449 in 2Q 2022)Second quarter 2023 results: EPS: ₫2,332 (up from ₫1,449 in 2Q 2022). Revenue: ₫365.3b (up 54% from 2Q 2022). Net income: ₫74.8b (up 54% from 2Q 2022). Profit margin: 21% (in line with 2Q 2022). Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year.
Reported Earnings • Apr 30First quarter 2023 earnings released: EPS: ₫1,648 (vs ₫900 in 1Q 2022)First quarter 2023 results: EPS: ₫1,648 (up from ₫900 in 1Q 2022). Revenue: ₫329.2b (up 95% from 1Q 2022). Net income: ₫55.3b (up 83% from 1Q 2022). Profit margin: 17% (down from 18% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
Reported Earnings • Jan 18Full year 2022 earnings released: EPS: ₫3,835 (vs ₫1,584 in FY 2021)Full year 2022 results: EPS: ₫3,835 (up from ₫1,584 in FY 2021). Revenue: ₫995.2b (up 104% from FY 2021). Net income: ₫138.3b (up 160% from FY 2021). Profit margin: 14% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
Board Change • Nov 16No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
Upcoming Dividend • Aug 19Upcoming dividend of ₫2,500 per shareEligible shareholders must have bought the stock before 26 August 2022. Payment date: 15 September 2022. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 2.8%. Lower than top quartile of Vietnamese dividend payers (7.4%). Lower than average of industry peers (3.6%).
お知らせ • Aug 11Sai Gon Ground Services Joint Stock Company Approves Implement to Pay Cash Dividend for 2021, Payable on September 15, 2022The Board of Directors of Sai Gon Ground Services Joint Stock Company approved to implement to pay cash dividend for 2021 as follows Exercise ratio of 25% (2,500 dongs/share). Record date is August 29, 2022 and payment date is September 15, 2022.
Reported Earnings • Jul 27Second quarter 2022 earnings released: EPS: ₫1,453 (vs ₫2.84 loss in 2Q 2021)Second quarter 2022 results: EPS: ₫1,453 (up from ₫2.84 loss in 2Q 2021). Revenue: ₫237.6b (up 63% from 2Q 2021). Net income: ₫48.7b (up ₫48.8b from 2Q 2021). Profit margin: 21% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 63 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 15Saigon Ground Services Joint Stock Company Announces Resignation of Nguyen Dinh Hung as Chairman of the BODSaigon Ground Services Joint Stock Company announced Mr. Nguyen Dinh Hung is resigned to Chairman of the BOD. Effective date is June 30, 2022.
お知らせ • Jun 08Saigon Ground Services Joint Stock Company Appoints Mr. Luu Viet Hung as Deputy CEOSaigon Ground Services Joint Stock Company announced the appointment of Mr. Luu Viet Hung as Deputy CEO. Term 2022-2025 and Effective date May 19, 2022.
Board Change • Apr 27No independent directorsThere are 7 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 7 new directors. No experienced directors. No highly experienced directors. No independent directors (4 non-independent directors). Member of Supervisory Board Thuy Thanh Nguyen is the most experienced director on the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Lack of experienced directors.
お知らせ • Apr 09Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 27, 2022Saigon Ground Services Joint Stock Company, Annual General Meeting, Apr 27, 2022, at 01:30 Coordinated Universal Time. Location: Pavillon Conference Center, 202 Hoang Van Thu, ward 9, Phu Nhuan District Ho Chí Minh Vietnam
Reported Earnings • Mar 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫1,584 (down from ₫2,013 in FY 2020). Revenue: ₫488.3b (down 33% from FY 2020). Net income: ₫53.1b (down 21% from FY 2020). Profit margin: 11% (up from 9.2% in FY 2020). The increase in margin was driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings.
Reported Earnings • Jan 28Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: ₫1,599 (down from ₫2,627 in FY 2020). Revenue: ₫488.3b (down 33% from FY 2020). Net income: ₫53.6b (down 39% from FY 2020). Profit margin: 11% (down from 12% in FY 2020). The decrease in margin was driven by lower revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 01Third quarter 2021 earnings released: ₫324 loss per share (vs ₫154 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: ₫53.5b (down 57% from 3Q 2020). Net loss: ₫10.9b (down 310% from profit in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Upcoming Dividend • Oct 01Upcoming dividend of ₫1,000 per shareEligible shareholders must have bought the stock before 08 October 2021. Payment date: 25 October 2021. Trailing yield: 2.9%. Lower than top quartile of Vietnamese dividend payers (6.6%). Lower than average of industry peers (3.6%).
Reported Earnings • Jul 29Second quarter 2021 earnings released: EPS ₫636 (vs ₫4.97 in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: ₫145.8b (up 28% from 2Q 2020). Net income: ₫21.3b (up ₫21.2b from 2Q 2020). Profit margin: 15% (up from 0.1% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% 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.
Upcoming Dividend • Jul 09Upcoming dividend of ₫1,500 per shareEligible shareholders must have bought the stock before 16 July 2021. Payment date: 03 August 2021. Trailing yield: 5.8%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (4.4%).
Is New 90 Day High Low • Jan 13New 90-day high: ₫72,100The company is up 7.0% from its price of ₫67,500 on 15 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 22% over the same period.
Is New 90 Day High Low • Oct 27New 90-day high: ₫71,900The company is up 5.0% from its price of ₫68,300 on 29 July 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Infrastructure industry, which is up 23% over the same period.
