VietJet Aviation Past Earnings Performance
Past criteria checks 1/6
VietJet Aviation's earnings have been declining at an average annual rate of -49%, while the Airlines industry saw earnings growing at 34.4% annually. Revenues have been growing at an average rate of 14.9% per year. VietJet Aviation's return on equity is 8.5%, and it has net margins of 2.1%.
Key information
-49.0%
Earnings growth rate
-49.0%
EPS growth rate
| Airlines Industry Growth | 0.5% |
| Revenue growth rate | 14.9% |
| Return on equity | 8.5% |
| Net Margin | 2.1% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How VietJet Aviation 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 | 66,796,940 | 1,396,516 | 3,813,353 | 0 |
| 30 Jun 24 | 62,867,407 | 926,298 | 3,936,334 | 0 |
| 31 Mar 24 | 63,234,675 | 594,568 | 3,320,076 | 0 |
| 31 Dec 23 | 58,340,619 | 230,591 | 3,049,441 | 0 |
| 30 Sep 23 | 56,344,685 | -2,210,369 | 2,649,354 | 0 |
| 30 Jun 23 | 53,710,457 | -2,271,089 | 2,130,118 | 0 |
| 31 Mar 23 | 48,695,236 | -2,053,911 | 1,794,442 | 0 |
| 31 Dec 22 | 40,141,863 | -2,262,499 | 1,470,796 | 0 |
| 30 Sep 22 | 30,200,078 | 61,960 | 1,110,431 | 0 |
| 30 Jun 22 | 21,253,448 | 94,214 | 1,008,846 | 0 |
| 31 Mar 22 | 13,205,225 | -80,116 | 1,013,978 | 0 |
| 31 Dec 21 | 12,874,920 | 74,585 | 973,485 | 0 |
| 30 Sep 21 | 14,650,319 | 1,190,788 | 1,015,876 | 0 |
| 30 Jun 21 | 14,805,982 | 146,531 | 1,078,014 | 0 |
| 31 Mar 21 | 16,234,023 | 1,203,310 | 1,011,972 | 0 |
| 31 Dec 20 | 18,220,293 | 68,591 | 1,138,923 | 0 |
| 30 Sep 20 | 26,248,753 | -799,993 | 1,252,712 | 0 |
| 30 Jun 20 | 37,016,830 | 1,871,066 | 1,358,732 | 0 |
| 31 Mar 20 | 44,711,251 | 1,430,346 | 1,427,406 | 0 |
| 31 Dec 19 | 50,602,936 | 3,806,761 | 1,439,176 | 0 |
| 30 Sep 19 | 57,776,504 | 5,335,306 | 1,349,858 | 0 |
| 30 Jun 19 | 56,911,780 | 5,318,087 | 1,237,745 | 0 |
| 31 Mar 19 | 52,909,431 | 5,329,446 | 1,131,363 | 0 |
| 01 Jan 19 | 53,577,241 | 5,335,036 | 1,007,707 | 0 |
| 30 Sep 18 | 53,627,472 | 5,992,261 | 871,476 | 0 |
| 30 Jun 18 | 47,101,219 | 5,275,582 | 879,015 | 0 |
| 31 Mar 18 | 49,755,900 | 6,062,514 | 838,117 | 0 |
| 01 Jan 18 | 42,302,573 | 5,073,364 | 804,592 | 0 |
| 30 Sep 17 | 30,657,138 | 3,281,563 | 850,694 | 0 |
| 30 Jun 17 | 31,365,735 | 3,052,976 | 768,989 | 0 |
| 31 Mar 17 | 26,015,950 | 2,327,263 | 742,212 | 0 |
| 01 Jan 17 | 27,499,296 | 2,495,640 | 706,591 | 0 |
| 01 Jan 16 | 19,845,479 | 1,170,253 | 521,198 | 0 |
| 31 Dec 14 | 8,699,111 | 360,423 | 327,361 | 0 |
| 01 Jan 14 | 3,789,557 | 32,183 | 216,999 | 0 |
Quality Earnings: VJC has a high level of non-cash earnings.
Growing Profit Margin: VJC became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: VJC's earnings have declined by 49% per year over the past 5 years.
Accelerating Growth: VJC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: VJC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Airlines industry (36.8%).
Return on Equity
High ROE: VJC's Return on Equity (8.5%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/31 19:23 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* 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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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
VietJet Aviation Joint Stock Company is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | BIDV Securities Joint Stock Company |
| Joe Liew | Deutsche Bank |
| Adrian Cundy | EFG-Hermes Research |