Vingroup Joint Stock Company

HOSE:VIC Stock Report

Market Cap: ₫150.7t

Vingroup Past Earnings Performance

Past criteria checks 3/6

Vingroup's earnings have been declining at an average annual rate of -3.5%, while the Real Estate industry saw earnings declining at 8.5% annually. Revenues have been growing at an average rate of 5.3% per year. Vingroup's return on equity is 2.8%, and it has net margins of 6.2%.

Key information

-3.5%

Earnings growth rate

-5.0%

EPS growth rate

Real Estate Industry Growth-4.9%
Revenue growth rate5.3%
Return on equity2.8%
Net Margin6.2%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Vingroup makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

HOSE:VIC Revenue, expenses and earnings (VND Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24154,136,6939,585,23329,411,2620
30 Jun 24139,234,5823,621,27327,745,6290
31 Mar 24144,202,6958,964,20926,939,7370
31 Dec 23161,427,5682,095,97525,977,1620
30 Sep 23175,644,4774,210,33327,554,4000
30 Jun 23156,438,9275,826,15126,221,8350
31 Mar 23122,528,0477,394,34024,794,7210
31 Dec 22101,793,5828,781,86125,324,7460
30 Sep 2295,195,0451,086,39427,990,8400
30 Jun 2296,564,268-237,16329,408,6740
31 Mar 22120,622,359-2,154,18332,438,9740
31 Dec 21125,687,870-2,513,88330,944,3670
30 Sep 21126,697,4944,632,97628,376,2750
30 Jun 21132,499,6336,549,81925,622,7630
31 Mar 21118,415,9687,120,24221,605,2890
31 Dec 20110,490,0335,464,62720,656,6740
30 Sep 20112,062,9408,671,98620,821,5380
30 Jun 20107,720,1397,629,53323,314,2580
31 Mar 20123,581,8206,946,10225,998,0030
31 Dec 19130,036,0147,545,91526,925,8860
30 Sep 19130,360,2975,365,13323,381,5120
30 Jun 19122,245,6885,481,27221,584,0600
31 Mar 19115,266,2373,942,53818,689,8000
31 Dec 18121,894,4013,823,73917,480,1280
30 Sep 18116,332,4143,510,13421,011,2450
30 Jun 18114,848,3863,359,86015,416,5610
31 Mar 18102,656,8504,496,06915,113,0780
31 Dec 1789,350,0494,462,41215,002,9040
30 Sep 1780,124,9693,974,81511,467,7550
30 Jun 1768,803,1293,686,63114,378,5060
31 Mar 1758,021,5303,491,73513,474,7010
31 Dec 1657,614,3443,384,58812,154,6570
30 Sep 1649,026,4271,962,2349,604,2270
30 Jun 1645,627,0822,042,0629,158,1820
31 Mar 1642,477,6331,566,4858,055,0570
31 Dec 1534,047,9661,215,7756,880,5990
30 Sep 1525,875,8631,307,1815,257,5740
30 Jun 1526,282,7271,941,3404,031,5790
31 Mar 1527,856,0182,510,8353,339,8950
31 Dec 1427,723,6333,158,5832,910,0490
30 Sep 1428,301,5923,669,6352,474,7640
30 Jun 1429,113,2204,655,0592,220,4200
31 Mar 1423,568,7207,568,1352,148,6170
31 Dec 1318,377,6396,779,5121,916,4950

Quality Earnings: VIC has a high level of non-cash earnings.

Growing Profit Margin: VIC's current net profit margins (6.2%) are higher than last year (2.4%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: VIC's earnings have declined by 3.5% per year over the past 5 years.

Accelerating Growth: VIC's earnings growth over the past year (127.7%) exceeds its 5-year average (-3.5% per year).

Earnings vs Industry: VIC earnings growth over the past year (127.7%) exceeded the Real Estate industry -7.5%.

Return on Equity

High ROE: VIC's Return on Equity (2.8%) is considered low.

Return on Assets

Return on Capital Employed

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 23:40
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Vingroup Joint Stock Company is covered by 9 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Phuc VoCGS International
Farhan RizviCredit Suisse
Lien LeMaybank Research Pte. Ltd.