Vietnam National Reinsurance Past Earnings Performance
Past criteria checks 2/6
Vietnam National Reinsurance has been growing earnings at an average annual rate of 10.2%, while the Insurance industry saw earnings growing at 10.1% annually. Revenues have been growing at an average rate of 6.4% per year. Vietnam National Reinsurance's return on equity is 10.5%, and it has net margins of 18.6%.
Key information
10.2%
Earnings growth rate
10.2%
EPS growth rate
| Insurance Industry Growth | 11.9% |
| Revenue growth rate | 6.4% |
| Return on equity | 10.5% |
| Net Margin | 18.6% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vietnam National Reinsurance makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 2,114,796 | 393,238 | 129,949 | 0 |
| 31 Mar 24 | 2,085,982 | 343,311 | 121,936 | 0 |
| 31 Dec 23 | 2,100,712 | 408,726 | 126,800 | 0 |
| 30 Sep 23 | 2,187,084 | 473,872 | 135,833 | 0 |
| 30 Jun 23 | 2,110,164 | 496,873 | 145,482 | 0 |
| 31 Mar 23 | 2,074,617 | 485,828 | 139,808 | 0 |
| 31 Dec 22 | 1,838,663 | 369,451 | 116,490 | 0 |
| 30 Sep 22 | 1,828,563 | 314,802 | 94,862 | 0 |
| 30 Jun 22 | 1,942,339 | 343,764 | 93,957 | 0 |
| 31 Mar 22 | 1,961,742 | 307,282 | 90,932 | 0 |
| 31 Dec 21 | 1,984,816 | 336,899 | 89,519 | 0 |
| 30 Sep 21 | 2,014,206 | 343,272 | 88,209 | 0 |
| 30 Jun 21 | 1,916,372 | 362,351 | 92,241 | 0 |
| 31 Mar 21 | 1,955,338 | 394,621 | 76,622 | 0 |
| 31 Dec 20 | 1,938,328 | 303,266 | 84,658 | 0 |
| 30 Sep 20 | 1,715,295 | 305,110 | 75,531 | 0 |
| 30 Jun 20 | 1,721,915 | 259,238 | 71,813 | 0 |
| 31 Mar 20 | 1,685,422 | 223,875 | 80,421 | 0 |
| 31 Dec 19 | 1,536,816 | 277,675 | 66,065 | 0 |
| 30 Sep 19 | 1,517,083 | 274,755 | 76,429 | 0 |
| 30 Jun 19 | 1,451,300 | 283,211 | 69,656 | 0 |
| 31 Mar 19 | 1,208,095 | 297,883 | 77,065 | 0 |
| 31 Dec 18 | 1,213,403 | 288,829 | 79,309 | 0 |
| 30 Sep 18 | 1,199,969 | 257,522 | 64,384 | 0 |
| 30 Jun 18 | 1,017,483 | 261,949 | 68,795 | 0 |
| 31 Mar 18 | 1,040,846 | 257,382 | 73,747 | 0 |
| 31 Dec 17 | 1,054,316 | 251,440 | 65,772 | 0 |
| 30 Sep 17 | 1,008,948 | 270,329 | 87,157 | 0 |
| 30 Jun 17 | 1,195,996 | 249,460 | 90,493 | 0 |
| 31 Mar 17 | 1,186,348 | 243,226 | 81,224 | 0 |
| 31 Dec 16 | 1,173,601 | 232,979 | 88,812 | 0 |
| 30 Sep 16 | 1,202,094 | 214,338 | 80,578 | 0 |
| 30 Jun 16 | 1,200,719 | 236,817 | 80,031 | 0 |
| 31 Mar 16 | 1,214,729 | 230,611 | 79,245 | 0 |
| 31 Dec 15 | 1,212,359 | 236,155 | 65,405 | 0 |
| 30 Sep 15 | 1,249,330 | 251,533 | 80,357 | 0 |
| 30 Jun 15 | 1,200,036 | 235,543 | 67,217 | 0 |
| 31 Mar 15 | 1,178,345 | 243,871 | 56,437 | 0 |
| 31 Dec 14 | 1,244,095 | 326,009 | 75,522 | 0 |
| 30 Sep 14 | 1,214,091 | 319,635 | 73,543 | 0 |
| 30 Jun 14 | 1,109,225 | 314,350 | 80,248 | 0 |
| 31 Mar 14 | 1,119,181 | 354,278 | 85,576 | 0 |
| 31 Dec 13 | 1,003,106 | 300,536 | 82,554 | 0 |
| 30 Sep 13 | 1,001,776 | 275,171 | 56,296 | 0 |
Quality Earnings: VNR has high quality earnings.
Growing Profit Margin: VNR's current net profit margins (18.6%) are lower than last year (23.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VNR's earnings have grown by 10.2% per year over the past 5 years.
Accelerating Growth: VNR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: VNR had negative earnings growth (-20.9%) over the past year, making it difficult to compare to the Insurance industry average (23.1%).
Return on Equity
High ROE: VNR's Return on Equity (10.5%) is considered low.