Announcement • Apr 27
CNG Vietnam Joint Stock Company, Annual General Meeting, May 14, 2026 CNG Vietnam Joint Stock Company, Annual General Meeting, May 14, 2026, at 08:00 SE Asia Standard Time. Location: aurora event center hotel, 169 thuy van, tam thang ward, ho chi minh Vietnam Reported Earnings • Apr 19
First quarter 2026 earnings released First quarter 2026 results: Revenue: ₫1.19t (up 40% from 1Q 2025). Net income: ₫4.38b (up 227% from 1Q 2025). Profit margin: 0.4% (up from 0.2% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 21% p.a. on average during the next 2 years, compared to a 1.1% growth forecast for the Oil and Gas industry in Asia. Buy Or Sell Opportunity • Apr 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.0% to ₫24,600. The fair value is estimated to be ₫30,750, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 8.9%. Buy Or Sell Opportunity • Mar 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 3.8% to ₫23,950. The fair value is estimated to be ₫30,750, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.0% over the last 3 years. Earnings per share has declined by 5.8%. New Risk • Feb 01
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 42% 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 (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (1.5% net profit margin). Market cap is less than US$100m (₫947.7b market cap, or US$37.0m). Announcement • Jan 09
CNG Vietnam Joint Stock Company Approves Board Changes On January 07, 2026, at the Head Office of CNG Vietnam Joint Stock Company, the Board of Directors of CNG Vietnam Joint Stock Company proceeded to count the ballots of the General Meeting of Shareholders, witnessed by the Company's shareholder representatives, as follows: Dismissal of Mr. Vu Van Thuc as a member of the Board of Directors; Dismissal of Mr. Dinh Van Quang and Ms. Le Thi Thanh Huyen as members of the Supervisory Board; Supplementary election of Mr. Vu Duy Dong as a member of the Board of Directors for the 2026 - 2031 term. Date of birth: 11 September 1982. Professional qualifications: Bachelor of Business Administration, Master of Economic Management. Employment history: From 06/2002 to 10/2004: Sales Staff for FA Cosmetics Company (Federal Republic of Germany), From 12/2004 to 10/2007: Sales Staff - PV GAS, From 10/2007 to 03/2009: Director of Ho Chi Minh City Branch - Urban Gas Investment and Development Joint Stock Company - PV GAS, From 03/2009 to 08/2009: Head of Sales Department - Urban Gas Investment and Development Joint Stock Company - PV GAS, From 08/2009 to 03/2015: Deputy Head of Sales Department - Petrovietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D) - PV GAS, From 03/2015 to 04/2017: Chief of Office - PV GAS D - PV GAS, From 04/2017 to 05/2020: Deputy Chief of Office - PV GAS, From 05/2020 to 05/2021: Chief of Office, Assistant to the Chairman of the Board of Directors PV GAS, From 06/2021 to 07/2024: Chief of Office PV GAS, From 08/2024 to now: Deputy Director of CNG Vietnam Joint Stock Company. Current positions: Deputy Director of CNG Vietnam Joint Stock Company. Supplementary election of Mr. Dinh Thanh Phuong as a member of the Supervisory Board for the 2026 - 2031 term. Date of birth: 4 January 1983. Professional qualifications: Bachelor of Informatics. Employment history: From 05/2005 to 07/2008: Staff - FPT Information System Company, From 08/2008 to 10/2011: Specialist Information Technology Department - PV GAS, From 10/2011 to 11/2015: Deputy Head of Section Information Technology Department - PV GAS, From 11/2015 to 10/2018: Deputy Head of Division Information Technology Department - PV GAS, From 10/2018 to 05/2022: Deputy Chief of Office in charge of IT - PV GAS Office From 06/2022 to now: Deputy in charge of the Digital Transformation and Information Technology Division, PV GAS. Current positions: Deputy in charge of the Digital Transformation and Information Technology Division, PV GAS. Supplementary election of Mr. Pham Huu Thien as a member of the Supervisory Board for the 2026 - 2031 term. Date of birth: 15 September 1977. Professional qualifications: Master of Economic Law. Employment history: From 2002 to 10/2023: Sale Staff - Xuan Hoa Construction Ceramics Joint Stock Company, From 10/2003 to 07/2004: Reserve Civil Servant at the Inspectorate of Ba Ria – Vung Tau Province, From 07/2004 to 10/2010: Office Specialist - PV GAS, From 10/2010 to 9/2016: Head of General Documentation Department - Office of PV GAS, From 09/2016 to 10/2018: Head of Legal Department - Legal Affairs & Gas Contracts Division - PV GAS, From 10/2018 to 03/2022: Principal Specialist, Legal Affairs Division, PV GAS, From 03/2022 to now: Deputy Head of Legal Affairs Division - PV GAS. Current positions: Deputy Head of Legal Affairs Division - PV GAS. Reported Earnings • Oct 19
Third quarter 2025 earnings released: EPS: ₫748 (vs ₫781 in 3Q 2024) Third quarter 2025 results: EPS: ₫748 (down from ₫781 in 3Q 2024). Revenue: ₫1.17t (up 18% from 3Q 2024). Net income: ₫26.2b (down 4.2% from 3Q 2024). Profit margin: 2.3% (down from 2.8% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 8% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Upcoming Dividend • Sep 10
Upcoming dividend of ₫1,200 per share Eligible shareholders must have bought the stock before 17 September 2025. Payment date: 06 October 2025. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 4.2%. Lower than top quartile of Vietnamese dividend payers (7.5%). In line with average of industry peers (4.0%). Buy Or Sell Opportunity • Sep 06
Now 20% undervalued Over the last 90 days, the stock has risen 2.5% to ₫28,750. The fair value is estimated to be ₫35,973, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 7.8%. Buy Or Sell Opportunity • Aug 11
Now 21% undervalued Over the last 90 days, the stock has risen 1.7% to ₫29,200. The fair value is estimated to be ₫36,796, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.3% over the last 3 years. Earnings per share has declined by 7.8%. Reported Earnings • Jul 18
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₫1.10t (up 30% from 2Q 2024). Net income: ₫37.2b (down 17% from 2Q 2024). Profit margin: 3.4% (down from 5.3% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Asia are expected to remain flat. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • May 16
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 11% to ₫28,450. The fair value is estimated to be ₫36,250, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 4.4%. Reported Earnings • Apr 17
First quarter 2025 earnings released First quarter 2025 results: Revenue: ₫850.3b (up 35% from 1Q 2024). Net income: ₫1.34b (flat on 1Q 2024). Profit margin: 0.2% (in line with 1Q 2024). Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, while revenues in the Oil and Gas industry in Asia are expected to remain flat. Buy Or Sell Opportunity • Apr 09
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to ₫26,000. The fair value is estimated to be ₫33,244, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 4.8% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₫26,600, the stock trades at a trailing P/E ratio of 12.1x. Average forward P/E is 7x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 6.2% over the past three years. Announcement • Feb 26
CNG Vietnam Joint Stock Company, Annual General Meeting, Apr 18, 2025 CNG Vietnam Joint Stock Company, Annual General Meeting, Apr 18, 2025. Location: ba ria vung tau province., vung tau Vietnam Reported Earnings • Feb 23
Full year 2024 earnings released: EPS: ₫2,202 (vs ₫2,584 in FY 2023) Full year 2024 results: EPS: ₫2,202 (down from ₫2,584 in FY 2023). Revenue: ₫3.52t (up 13% from FY 2023). Net income: ₫77.3b (down 15% from FY 2023). Profit margin: 2.2% (down from 2.9% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 2.2% decline forecast for the Oil and Gas industry in Asia. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 5% per year. Reported Earnings • Oct 20
Third quarter 2024 earnings released Third quarter 2024 results: Revenue: ₫988.7b (up 26% from 3Q 2023). Net income: ₫27.4b (down 7.6% from 3Q 2023). Profit margin: 2.8% (down from 3.8% in 3Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 7% per year. Upcoming Dividend • Oct 07
Upcoming dividend of ₫1,200 per share Eligible shareholders must have bought the stock before 14 October 2024. Payment date: 31 October 2024. Payout ratio and cash payout ratio are on the higher end at 85% and 100% respectively. Trailing yield: 4.4%. Lower than top quartile of Vietnamese dividend payers (8.2%). Higher than average of industry peers (3.3%). Announcement • Sep 27
CNG Vietnam Joint Stock Company Announces Plan for Cash Dividend, Payable on October 31, 2024 CNG Viet Nam Joint Stock Company announced the Board resolution to approve the 2023 cash dividend payment with details as follows: Record date: October 15, 2024. Exercise ratio: 12% par value (1,200 dongs per share) . Payment date: October 31, 2024. Reported Earnings • Jul 23
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: ₫840.4b (flat on 2Q 2023). Net income: ₫44.6b (up 221% from 2Q 2023). Profit margin: 5.3% (up from 1.6% in 2Q 2023). Reported Earnings • Apr 20
First quarter 2024 earnings released First quarter 2024 results: Revenue: ₫631.4b (down 15% from 1Q 2023). Net income: ₫1.34b (down 94% from 1Q 2023). Profit margin: 0.2% (down from 3.1% in 1Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 21% per year. Announcement • Mar 01
CNG Vietnam Joint Stock Company, Annual General Meeting, Apr 17, 2024 CNG Vietnam Joint Stock Company, Annual General Meeting, Apr 17, 2024. Reported Earnings • Jan 21
Full year 2023 earnings released: EPS: ₫2,928 (vs ₫3,035 in FY 2022) Full year 2023 results: EPS: ₫2,928 (down from ₫3,035 in FY 2022). Revenue: ₫3.11t (down 26% from FY 2022). Net income: ₫102.8b (down 3.5% from FY 2022). Profit margin: 3.3% (up from 2.5% in FY 2022). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Reported Earnings • Oct 18
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ₫785.2b (down 26% from 3Q 2022). Net income: ₫29.7b (up 65% from 3Q 2022). Profit margin: 3.8% (up from 1.7% in 3Q 2022). The increase in margin was driven by lower expenses. Valuation Update With 7 Day Price Move • Sep 26
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₫29,200, the stock trades at a trailing P/E ratio of 13.9x. Average trailing P/E is 10x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 117% over the past three years. New Risk • Aug 17
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 22% 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 Earnings have declined by 1.4% per year over the past 5 years. High level of non-cash earnings (22% accrual ratio). Minor Risks Dividend is not well covered by cash flows (164% cash payout ratio). Market cap is less than US$100m (₫991.6b market cap, or US$41.4m). New Risk • Jul 23
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.1% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (164% cash payout ratio). Profit margins are more than 30% lower than last year (2.0% net profit margin). Market cap is less than US$100m (₫1.01t market cap, or US$42.7m). Reported Earnings • Jul 22
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₫841.5b (down 30% from 2Q 2022). Net income: ₫13.8b (down 63% from 2Q 2022). Profit margin: 1.6% (down from 3.1% 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 46% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 06
Upcoming dividend of ₫2,000 per share at 5.1% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 08 August 2023. Payout ratio is a comfortable 23% and this is well supported by cash flows. Trailing yield: 5.1%. Lower than top quartile of Vietnamese dividend payers (8.2%). Higher than average of industry peers (3.3%). Announcement • Jun 28
Cng Vietnam Joint Stock Company Announces Dividend for the 2022, Payable on August 08, 2023 CNG Vietnam Joint Stock Company announced payment for the 2022 dividend in cash of 20%/par value (VND2,000/share). Record date: July 14, 2023. Payment date: August 08, 2023. Reported Earnings • Apr 20
First quarter 2023 earnings released First quarter 2023 results: Revenue: ₫739.4b (down 26% from 1Q 2022). Net income: ₫22.9b (down 36% from 1Q 2022). Profit margin: 3.1% (down from 3.6% 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 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 19
Full year 2022 earnings released: EPS: ₫4,697 (vs ₫2,678 in FY 2021) Full year 2022 results: EPS: ₫4,697 (up from ₫2,678 in FY 2021). Revenue: ₫4.19t (up 37% from FY 2021). Net income: ₫126.8b (up 75% from FY 2021). Profit margin: 3.0% (up from 2.4% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 5 non-independent directors. Head of Supervisory Board Ba Nguyen was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫22,100, the stock trades at a trailing P/E ratio of 5.1x. Average trailing P/E is 13x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 21% over the past three years. Reported Earnings • Oct 21
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: ₫1.06t (up 55% from 3Q 2021). Net income: ₫17.9b (up 70% from 3Q 2021). Profit margin: 1.7% (up from 1.5% in 3Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₫29,500, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 13x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 60% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 20 October 2022. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 5.2%. Lower than top quartile of Vietnamese dividend payers (7.6%). Higher than average of industry peers (3.6%). Reported Earnings • Jul 22
Second quarter 2022 earnings released Second quarter 2022 results: Revenue: ₫1.20t (up 42% from 2Q 2021). Net income: ₫37.1b (up 69% from 2Q 2021). Profit margin: 3.1% (up from 2.6% in 2Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Jul 06
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫32,100, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 12x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 62% over the past three years. Upcoming Dividend • Jun 30
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 07 July 2022. Payment date: 05 August 2022. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 5.4%. Lower than top quartile of Vietnamese dividend payers (7.8%). Higher than average of industry peers (3.3%). Announcement • Jun 17
CNG Vietnam Joint Stock Company Approves First Cash Dividend Payment for 2021, Payable on August 2022 CNG Vietnam Joint Stock Company approved first cash dividend payment for 2021 Exercise ratio: 10%/par value (dongs/share). Payment date is August 2022. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 16% share price gain to ₫39,300, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 13x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 106% over the past three years. Announcement • May 02
CNG Viet Nam Joint Stock Company Announces the Appointment of Mr. Nguyen Quang Ba as Head of Supervisory Board Based on the Meeting Minutes dated April 26, 2022, CNG Viet Nam Joint Stock Company announced the appointment of Mr. Nguyen Quang Ba as Head of Supervisory Board of the Company. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. 1 highly experienced director. No independent directors (5 non-independent directors). Deputy Director of Engineering & Director Van Bui was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Apr 21
First quarter 2022 earnings released First quarter 2022 results: Revenue: ₫999.2b (up 55% from 1Q 2021). Net income: ₫36.1b (up 142% from 1Q 2021). Profit margin: 3.6% (up from 2.3% in 1Q 2021). The increase in margin was driven by higher revenue. Valuation Update With 7 Day Price Move • Apr 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₫45,900, the stock trades at a trailing P/E ratio of 17.1x. Average trailing P/E is 14x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 129% over the past three years. Announcement • Apr 06
CNG Vietnam Joint Stock Company Announce Executive Changes The Board of Directors of CNG Viet Nam Joint Stock Company approved the resignation of Mr. Nguyen Manh Hung as Chief Accountant effective April 01, 2022. Furthermore company announced the appointment of Ms. Pham Thi Hanh as the person in charge on the Company’s Accounting and the Accounting and Finance Department effective April 01, 2022. Reported Earnings • Jan 23
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₫3,052 (up from ₫1,556 in FY 2020). Revenue: ₫3.06t (up 31% from FY 2020). Net income: ₫82.4b (up 96% from FY 2020). Profit margin: 2.7% (up from 1.8% in FY 2020). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 19% 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 24
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₫31,650, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 12x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 58% over the past three years. Reported Earnings • Oct 20
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₫683.1b (up 9.7% from 3Q 2020). Net income: ₫10.6b (up 129% from 3Q 2020). Profit margin: 1.5% (up from 0.7% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment improved over the past week After last week's 16% share price gain to ₫38,500, the stock trades at a trailing P/E ratio of 15.7x. Average trailing P/E is 14x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 87% over the past three years. Upcoming Dividend • Sep 22
Upcoming dividend of ₫2,000 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 20 October 2021. Trailing yield: 5.7%. Lower than top quartile of Vietnamese dividend payers (6.5%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 16% share price gain to ₫28,800, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 10x in the Oil and Gas industry in Vietnam. Total returns to shareholders of 34% over the past three years. Reported Earnings • Apr 25
First quarter 2021 earnings released The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2021 results: Revenue: ₫642.9b (up 20% from 1Q 2020). Net income: ₫14.9b (up 10% from 1Q 2020). Profit margin: 2.3% (down from 2.5% in 1Q 2020). The decrease in margin was driven by higher expenses. Reported Earnings • Mar 19
Full year 2020 earnings released: EPS ₫1,556 (vs ₫2,590 in FY 2019) The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: ₫2.34t (up 9.7% from FY 2019). Net income: ₫42.0b (down 40% from FY 2019). Profit margin: 1.8% (down from 3.3% 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 32% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 18
New 90-day high: ₫24,350 The company is up 23% from its price of ₫19,800 on 20 November 2020. The Vietnamese market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Oil and Gas industry, which is up 10.0% over the same period. Is New 90 Day High Low • Jan 26
New 90-day high: ₫23,000 The company is up 18% from its price of ₫19,500 on 28 October 2020. The Vietnamese market is up 23% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Oil and Gas industry, which is up 9.0% over the same period. Is New 90 Day High Low • Jan 04
New 90-day high: ₫20,650 The company is up 1.0% from its price of ₫20,400 on 06 October 2020. The Vietnamese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 8.0% over the same period. Is New 90 Day High Low • Nov 06
New 90-day low: ₫19,350 The company is down 1.0% from its price of ₫19,500 on 07 August 2020. The Vietnamese market is up 12% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Oil and Gas industry, which is up 9.0% over the same period. Reported Earnings • Oct 23
Third quarter earnings released Over the last 12 months the company has reported total profits of ₫25.6b, down 68% from the prior year. Total revenue was ₫2.17t over the last 12 months, up 2.1% from the prior year. Upcoming Dividend • Sep 22
Upcoming Dividend of ₫1,500 Per Share Will be paid on the 23rd of October to those who are registered shareholders by the 29th of September. The trailing yield of 14% is in the top quartile of Vietnamese dividend payers (9.6%), and it is higher than industry peers (6.1%).