New Risk • May 21
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₫261.6b (US$9.94m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₫261.6b market cap, or US$9.94m). Minor Risk Dividend is not well covered by cash flows (146% cash payout ratio). Declared Dividend • Mar 08
Dividend of ₫800 announced Shareholders will receive a dividend of ₫800. Ex-date: 18th March 2026 Payment date: 10th April 2026 Dividend yield will be 9.4%, which is higher than the industry average of 8.9%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (80% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 9.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Feb 27
Vinalink Logistics Joint Stock Company, Annual General Meeting, Apr 17, 2026 Vinalink Logistics Joint Stock Company, Annual General Meeting, Apr 17, 2026. Reported Earnings • Feb 02
Full year 2025 earnings released: EPS: ₫3,985 (vs ₫3,149 in FY 2024) Full year 2025 results: EPS: ₫3,985 (up from ₫3,149 in FY 2024). Revenue: ₫1.40t (up 21% from FY 2024). Net income: ₫57.5b (up 29% from FY 2024). Profit margin: 4.1% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue. Reported Earnings • Nov 02
Third quarter 2025 earnings released Third quarter 2025 results: EPS: ₫1,025. Net income: ₫14.8b (up ₫14.8b from 3Q 2024). Upcoming Dividend • Oct 20
Upcoming dividend of ₫700 per share Eligible shareholders must have bought the stock before 27 October 2025. Payment date: 11 November 2025. Payout ratio is a comfortable 25% and the cash payout ratio is 88%. Trailing yield: 4.4%. Lower than top quartile of Vietnamese dividend payers (7.6%). In line with average of industry peers (4.0%). Upcoming Dividend • Jun 02
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 09 June 2025. Payment date: 25 June 2025. Trailing yield: 5.0%. Lower than top quartile of Vietnamese dividend payers (8.0%). Higher than average of industry peers (3.2%). Buy Or Sell Opportunity • Apr 10
Now 28% overvalued after recent price rise Over the last 90 days, the stock has risen 2.3% to ₫17,600. The fair value is estimated to be ₫13,757, however this is not to be taken as a sell recommendation but rather should be used as a guide only. New Risk • Apr 03
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₫251.7b (US$9.82m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported September 2015 fiscal period end). Market cap is less than US$10m (₫251.7b market cap, or US$9.82m). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Declared Dividend • Feb 27
Dividend of ₫500 announced Shareholders will receive a dividend of ₫500. Ex-date: 18th March 2025 Payment date: 3rd April 2025 Dividend yield will be 4.7%, which is lower than the industry average of 8.9%. Sustainability & Growth The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Feb 27
Vinalink Logistics Joint Stock Company, Annual General Meeting, Apr 17, 2025 Vinalink Logistics Joint Stock Company, Annual General Meeting, Apr 17, 2025. Upcoming Dividend • Sep 05
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 12 September 2024. Payment date: 04 October 2024. Trailing yield: 7.6%. Lower than top quartile of Vietnamese dividend payers (8.3%). Higher than average of industry peers (4.9%). Buy Or Sell Opportunity • Jul 31
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 16% to ₫16,500. The fair value is estimated to be ₫13,661, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 09
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 18% to ₫16,500. The fair value is estimated to be ₫13,707, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jul 01
Now 16% overvalued after recent price rise Over the last 90 days, the stock has risen 12% to ₫15,800. The fair value is estimated to be ₫13,627, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Buy Or Sell Opportunity • Jun 20
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 15% to ₫16,550. The fair value is estimated to be ₫13,711, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Announcement • Mar 16
Vinalink Logistics Corporation, Annual General Meeting, Apr 23, 2024 Vinalink Logistics Corporation, Annual General Meeting, Apr 23, 2024. Announcement • Mar 15
Vinalink Logistics Corporation Announces Second Phase Cash Dividend for 2023, Payable on April 16, 2024 Vinalink Logistics Corporation announced second phase cash dividend payment of 7%/share (VND 700/share) for 2023. Payment date is April 16, 2024. Ex-right date is March 20, 2024 and Record date is March 21, 2024. Upcoming Dividend • Mar 13
Upcoming dividend of ₫700 per share Eligible shareholders must have bought the stock before 20 March 2024. Payment date: 16 April 2024. Trailing yield: 8.7%. Within top quartile of Vietnamese dividend payers (8.6%). Higher than average of industry peers (7.9%). Declared Dividend • Mar 10
Dividend of ₫700 announced Shareholders will receive a dividend of ₫700. Ex-date: 20th March 2024 Payment date: 16th April 2024 Dividend yield will be 8.0%, which is lower than the industry average of 8.9%. Sustainability & Growth The dividend has increased by an average of 2.7% per year over the past 10 years. However, payments have been volatile during that time. Announcement • Sep 27
Vinalink Logistics Corporation Approves to Pay for the First Phase of 2023 Dividend, Payable on October 31, 2023 The Board of Directors of Vinalink Logistics Corporation approved to pay for the first phase of 2023 dividend in cash: Record date: October 16, 2023; Payment date: October 31, 2023; Dividend pay-out ratio: VND500/share. Announcement • Sep 16
Vinalink Logistics Corporation Announces Executive Changes Vinalink Logistics Corporation announces the change in personnel as follows: The company announced the appointment of Mrs. Vu Thi Thanh Xuan as disclosure staff cum secretary. Effective date: September 15, 2023. The company also announced the resignation of Mrs. Hoang Thi Duy Thao as corporate governance cum secretary. Effective date: September 15, 2023. Upcoming Dividend • Mar 15
Upcoming dividend of ₫800 per share at 7.7% yield Eligible shareholders must have bought the stock before 22 March 2023. Payment date: 21 April 2023. Trailing yield: 7.7%. Lower than top quartile of Vietnamese dividend payers (9.0%). Higher than average of industry peers (2.9%). Board Change • Nov 16
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. No independent directors (5 non-independent directors). Deputy Chairman and Chief Executive Officer Nguyen Tien was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Oct 14
Upcoming dividend of ₫700 per share Eligible shareholders must have bought the stock before 21 October 2022. Payment date: 04 November 2022. Trailing yield: 6.4%. Lower than top quartile of Vietnamese dividend payers (8.4%). Higher than average of industry peers (3.6%). Announcement • Oct 07
Vinalink Logistics Corporation Approves to Pay for First Phase of 2022 Dividend in Cash The Board of Directors of Vinalink Logistics Corporation approved to pay for the first phase of 2022 dividend in cash Dividend pay-out ratio: VND 700/share. Record date: October 24, 2022. Payment date: November 04, 2022. Upcoming Dividend • Jun 24
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 01 July 2022. Payment date: 15 July 2022. Trailing yield: 7.4%. Lower than top quartile of Vietnamese dividend payers (8.0%). Higher than average of industry peers (2.9%). Announcement • Jun 17
Vinalink Logistics Corporation Approves Third Cash Dividend for 2021, Payable on July 15, 2022 The Board resolution dated June 15, 2022, the BOD of Vinalink International Freight Forwarders approved the record date to pay third cash dividend for 2021 as follows: Record date: July 04, 2022, Exercise ratio: 5%/share (VND 500 /share). Payment date is July 15, 2022. Board Change • Apr 27
No independent directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 4 highly experienced directors. No independent directors (5 non-independent directors). Deputy Chairman and Chief Executive Officer Nguyen Tien was the last director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 16
Upcoming dividend of ₫800 per share Eligible shareholders must have bought the stock before 23 March 2022. Payment date: 22 April 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 5.4%. Lower than top quartile of Vietnamese dividend payers (5.8%). Higher than average of industry peers (2.7%). Announcement • Dec 18
Unknown buyer acquired VINALINK LOGISTICS(CAMBODIA) CO., LTD from Vinalink Logistics Corporation (HOSE:VNL). Unknown buyer acquired VINALINK LOGISTICS(CAMBODIA) CO., LTD from Vinalink Logistics Corporation (HOSE:VNL) on December 14, 2021.
Unknown buyer completed the acquisition of VINALINK LOGISTICS(CAMBODIA) CO., LTD from Vinalink Logistics Corporation (HOSE:VNL) on December 14, 2021. Upcoming Dividend • Nov 30
Upcoming dividend of ₫700 per share Eligible shareholders must have bought the stock before 07 December 2021. Payment date: 24 December 2021. Trailing yield: 5.0%. Lower than top quartile of Vietnamese dividend payers (6.2%). Higher than average of industry peers (2.8%). Is New 90 Day High Low • Jan 12
New 90-day high: ₫18,500 The company is up 5.0% from its price of ₫17,700 on 13 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 13
New 90-day low: ₫16,000 The company is down 3.0% from its price of ₫16,500 on 14 August 2020. The Vietnamese market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Logistics industry, which is up 6.0% over the same period. Upcoming Dividend • Nov 09
Upcoming Dividend of ₫700 Per Share Will be paid on the 18th of December to those who are registered shareholders by the 16th of November. The trailing yield of 8.8% is below the top quartile of Vietnamese dividend payers (9.4%), but it is higher than industry peers (5.9%).