Vietnam Airlines JSC Past Earnings Performance
Past criteria checks 2/6
Vietnam Airlines JSC has been growing earnings at an average annual rate of 2.6%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 8% per year.
Key information
2.6%
Earnings growth rate
7.7%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 8.0% |
| Return on equity | n/a |
| Net Margin | 3.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Vietnam Airlines JSC 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 Sep 24 | 103,073,834 | 3,774,145 | 6,216,451 | 0 |
| 30 Jun 24 | 100,042,782 | 729,054 | 6,552,634 | 0 |
| 31 Mar 24 | 96,009,828 | -1,492,210 | 6,690,059 | 0 |
| 31 Dec 23 | 91,539,865 | -5,930,302 | 6,312,230 | 0 |
| 30 Sep 23 | 86,930,556 | -7,248,802 | 6,592,811 | 0 |
| 30 Jun 23 | 84,517,788 | -7,594,384 | 6,033,323 | 0 |
| 31 Mar 23 | 82,284,287 | -8,788,828 | 5,641,270 | 0 |
| 01 Jan 23 | 70,410,221 | -11,298,155 | 4,867,302 | 0 |
| 30 Sep 22 | 60,286,401 | -8,872,541 | 3,942,312 | 0 |
| 30 Jun 22 | 43,865,555 | -9,618,408 | 3,218,857 | 0 |
| 31 Mar 22 | 32,071,316 | -11,512,946 | 2,784,686 | 0 |
| 31 Dec 21 | 27,911,340 | -12,907,541 | 2,918,506 | 0 |
| 30 Sep 21 | 26,860,217 | -14,677,970 | 2,903,973 | 0 |
| 30 Jun 21 | 29,726,972 | -14,241,654 | 2,882,059 | 0 |
| 31 Mar 21 | 29,185,496 | -12,690,262 | 2,887,650 | 0 |
| 31 Dec 20 | 40,538,339 | -10,927,035 | 3,382,981 | 0 |
| 30 Sep 20 | 55,544,350 | -8,020,648 | 3,758,193 | 0 |
| 30 Jun 20 | 73,360,532 | -4,073,792 | 4,841,070 | 0 |
| 31 Mar 20 | 91,504,896 | -1,094,941 | 6,169,859 | 0 |
| 31 Dec 19 | 98,228,084 | 2,345,802 | 6,892,217 | 0 |
| 30 Sep 19 | 98,970,866 | 2,910,850 | 7,262,317 | 0 |
| 30 Jun 19 | 98,929,306 | 2,249,015 | 7,575,676 | 0 |
| 31 Mar 19 | 97,935,282 | 2,479,137 | 7,214,195 | 0 |
| 31 Dec 18 | 96,810,642 | 2,335,040 | 7,059,309 | 0 |
| 30 Sep 18 | 94,177,383 | 2,019,468 | 7,063,375 | 0 |
| 30 Jun 18 | 90,366,384 | 2,966,110 | 7,208,014 | 0 |
| 31 Mar 18 | 86,528,872 | 2,679,789 | 6,870,676 | 0 |
| 01 Jan 18 | 82,950,970 | 2,370,501 | 6,825,223 | 0 |
| 30 Sep 17 | 78,507,950 | 1,642,342 | 6,703,221 | 0 |
| 30 Jun 17 | 75,484,372 | 1,058,607 | 6,216,254 | 0 |
| 31 Mar 17 | 73,114,370 | 1,491,827 | 6,424,617 | 0 |
| 01 Jan 17 | 70,088,974 | 1,974,306 | 6,288,482 | 0 |
| 30 Sep 16 | 69,648,087 | 2,391,729 | 6,790,049 | 0 |
| 30 Jun 16 | 68,199,827 | 1,904,371 | 6,648,516 | 0 |
| 31 Mar 16 | 66,954,214 | 1,464,461 | 6,181,749 | 0 |
| 01 Jan 16 | 65,941,695 | 841,436 | 6,010,890 | 0 |
| 31 Mar 15 | 67,182,890 | 798,545 | 6,430,745 | 0 |
| 31 Dec 13 | 68,854,512 | 43,036 | 5,305,616 | 0 |
Quality Earnings: HVN has a large one-off gain of ₫1,004.6B impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: HVN became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HVN has become profitable over the past 5 years, growing earnings by 2.6% per year.
Accelerating Growth: HVN has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: HVN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (13.2%).
Return on Equity
High ROE: HVN's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.