Vingroup Past Earnings Performance
Past criteria checks 3/6
Vingroup's earnings have been declining at an average annual rate of -6.6%, while the Real Estate industry saw earnings declining at 5.8% annually. Revenues have been growing at an average rate of 4.3% per year. Vingroup's return on equity is 1.8%, and it has net margins of 6.2%.
Key information
-6.6%
Earnings growth rate
-8.4%
EPS growth rate
| Real Estate Industry Growth | -4.9% |
| Revenue growth rate | 4.3% |
| Return on equity | 1.8% |
| Net Margin | 6.2% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How Vingroup 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 |
|---|---|---|---|---|
| 31 Mar 24 | 144,202,695 | 8,964,209 | 26,939,737 | 0 |
| 31 Dec 23 | 161,427,568 | 2,095,975 | 25,977,162 | 0 |
| 30 Sep 23 | 175,644,477 | 4,210,333 | 27,554,400 | 0 |
| 30 Jun 23 | 156,438,927 | 5,826,151 | 26,221,835 | 0 |
| 31 Mar 23 | 122,528,047 | 7,394,340 | 24,794,721 | 0 |
| 31 Dec 22 | 101,793,582 | 8,781,861 | 25,324,746 | 0 |
| 30 Sep 22 | 95,195,045 | 1,086,394 | 27,990,840 | 0 |
| 30 Jun 22 | 96,564,268 | -237,163 | 29,408,674 | 0 |
| 31 Mar 22 | 120,622,359 | -2,154,183 | 32,438,974 | 0 |
| 31 Dec 21 | 125,687,870 | -2,513,883 | 30,944,367 | 0 |
| 30 Sep 21 | 126,697,494 | 4,632,976 | 28,376,275 | 0 |
| 30 Jun 21 | 132,499,633 | 6,549,819 | 25,622,763 | 0 |
| 31 Mar 21 | 118,415,968 | 7,120,242 | 21,605,289 | 0 |
| 31 Dec 20 | 110,490,033 | 5,464,627 | 20,656,674 | 0 |
| 30 Sep 20 | 112,062,940 | 8,671,986 | 20,821,538 | 0 |
| 30 Jun 20 | 107,720,139 | 7,629,533 | 23,314,258 | 0 |
| 31 Mar 20 | 123,581,820 | 6,946,102 | 25,998,003 | 0 |
| 31 Dec 19 | 130,036,014 | 7,545,915 | 26,925,886 | 0 |
| 30 Sep 19 | 130,360,297 | 5,365,133 | 23,381,512 | 0 |
| 30 Jun 19 | 122,245,688 | 5,481,272 | 21,584,060 | 0 |
| 31 Mar 19 | 115,266,237 | 3,942,538 | 18,689,800 | 0 |
| 31 Dec 18 | 121,894,401 | 3,823,739 | 17,480,128 | 0 |
| 30 Sep 18 | 116,332,414 | 3,510,134 | 21,011,245 | 0 |
| 30 Jun 18 | 114,848,386 | 3,359,860 | 15,416,561 | 0 |
| 31 Mar 18 | 102,656,850 | 4,496,069 | 15,113,078 | 0 |
| 31 Dec 17 | 89,350,049 | 4,462,412 | 15,002,904 | 0 |
| 30 Sep 17 | 80,124,969 | 3,974,815 | 11,467,755 | 0 |
| 30 Jun 17 | 68,803,129 | 3,686,631 | 14,378,506 | 0 |
| 31 Mar 17 | 58,021,530 | 3,491,735 | 13,474,701 | 0 |
| 31 Dec 16 | 57,614,344 | 3,384,588 | 12,154,657 | 0 |
| 30 Sep 16 | 49,026,427 | 1,962,234 | 9,604,227 | 0 |
| 30 Jun 16 | 45,627,082 | 2,042,062 | 9,158,182 | 0 |
| 31 Mar 16 | 42,477,633 | 1,566,485 | 8,055,057 | 0 |
| 31 Dec 15 | 34,047,966 | 1,215,775 | 6,880,599 | 0 |
| 30 Sep 15 | 25,875,863 | 1,307,181 | 5,257,574 | 0 |
| 30 Jun 15 | 26,282,727 | 1,941,340 | 4,031,579 | 0 |
| 31 Mar 15 | 27,856,018 | 2,510,835 | 3,339,895 | 0 |
| 31 Dec 14 | 27,723,633 | 3,158,583 | 2,910,049 | 0 |
| 30 Sep 14 | 28,301,592 | 3,669,635 | 2,474,764 | 0 |
| 30 Jun 14 | 29,113,220 | 4,655,059 | 2,220,420 | 0 |
| 31 Mar 14 | 23,568,720 | 7,568,135 | 2,148,617 | 0 |
| 31 Dec 13 | 18,377,639 | 6,779,512 | 1,916,495 | 0 |
| 30 Sep 13 | 14,436,884 | 6,152,880 | 1,621,036 | 0 |
| 30 Jun 13 | 7,249,651 | 4,373,929 | 1,455,881 | 0 |
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 (6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VIC's earnings have declined by 6.6% per year over the past 5 years.
Accelerating Growth: VIC's earnings growth over the past year (21.2%) exceeds its 5-year average (-6.6% per year).
Earnings vs Industry: VIC earnings growth over the past year (21.2%) exceeded the Real Estate industry -31.6%.
Return on Equity
High ROE: VIC's Return on Equity (1.8%) is considered low.