Duyuru • Jul 13
Transimex Corporation Announces Resignation of Pham Xuan Quang as Chief Accountant On July 09, 2026 Transimex Corporation received the resignation letter from the chief accountant Mr. Pham Xuan Quang. Reported Earnings • Feb 04
Full year 2025 earnings released: EPS: ₫2,083 (vs ₫1,173 in FY 2024) Full year 2025 results: EPS: ₫2,083 (up from ₫1,173 in FY 2024). Revenue: ₫3.48t (up 4.5% from FY 2024). Net income: ₫352.8b (up 74% from FY 2024). Profit margin: 10% (up from 6.1% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Duyuru • Jan 28
Transimex Corporation, Annual General Meeting, Apr 21, 2026 Transimex Corporation, Annual General Meeting, Apr 21, 2026, at 08:30 SE Asia Standard Time. Location: novotel saigon centre hotel-167 hai ba trung, xuan hoa ward, ho chi minh Vietnam Reported Earnings • Nov 01
Third quarter 2025 earnings released: EPS: ₫457 (vs ₫437 in 3Q 2024) Third quarter 2025 results: EPS: ₫457 (up from ₫437 in 3Q 2024). Revenue: ₫930.3b (up 2.7% from 3Q 2024). Net income: ₫92.5b (up 25% from 3Q 2024). Profit margin: 9.9% (up from 8.2% in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Oct 02
Upcoming dividend of ₫1,000 per share Eligible shareholders must have bought the stock before 09 October 2025. Payment date: 23 October 2025. Payout ratio is a comfortable 51% and the cash payout ratio is 78%. Trailing yield: 1.1%. Lower than top quartile of Vietnamese dividend payers (7.6%). Lower than average of industry peers (3.7%). Reported Earnings • Aug 01
Second quarter 2025 earnings released: EPS: ₫552 (vs ₫225 in 2Q 2024) Second quarter 2025 results: EPS: ₫552 (up from ₫225 in 2Q 2024). Revenue: ₫863.6b (up 5.1% from 2Q 2024). Net income: ₫93.6b (up 146% from 2Q 2024). Profit margin: 11% (up from 4.6% in 2Q 2024). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Duyuru • Feb 20
Transimex Corporation, Annual General Meeting, Apr 26, 2025 Transimex Corporation, Annual General Meeting, Apr 26, 2025. Location: novotel saigon centre hotel, 167 hai ba trung, vo thi sau ward, district 3, hcmc, Vietnam New Risk • Feb 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 0.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (4.6% net profit margin). Board Change • Jan 02
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 6 new directors. 3 experienced directors. 3 highly experienced directors. 2 independent directors (5 non-independent directors). Chairman of the Board Ngoc Bui is the most experienced director on the board, commencing their role in 2008. Independent Director Giang Vo was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Upcoming Dividend • Jul 16
Upcoming dividend of ₫500 per share Eligible shareholders must have bought the stock before 23 July 2024. Payment date: 08 August 2024. The company last paid an ordinary dividend in December 2013. The average dividend yield among industry peers is 7.3%. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: ₫238 (vs ₫332 in 1Q 2023) First quarter 2024 results: EPS: ₫238 (down from ₫332 in 1Q 2023). Revenue: ₫690.6b (up 50% from 1Q 2023). Net income: ₫37.7b (down 28% from 1Q 2023). Profit margin: 5.5% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Duyuru • Mar 08
Transimex Corporation, Annual General Meeting, Apr 25, 2024 Transimex Corporation, Annual General Meeting, Apr 25, 2024, at 01:30 Coordinated Universal Time. Location: Novotel Saigon Centre hotel, 167 Hai Ba Trung, Vo Thi Sau ward, district 3 Ho Chi Minh City Vietnam New Risk • Feb 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 7.7% Last year net profit margin: 18% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.4% average weekly change). Profit margins are more than 30% lower than last year (7.7% net profit margin). New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Vietnamese stocks, typically moving 5.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.8% average weekly change). Large one-off items impacting financial results. New Risk • Nov 15
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 27% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Oct 03
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to ₫44,077, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 13x in the Logistics industry in Vietnam. Total returns to shareholders of 114% over the past three years. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: ₫265 (vs ₫1,522 in 2Q 2022) Second quarter 2023 results: EPS: ₫265 (down from ₫1,522 in 2Q 2022). Revenue: ₫525.6b (down 22% from 2Q 2022). Net income: ₫25.9b (down 85% from 2Q 2022). Profit margin: 4.9% (down from 25% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 49% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₫56,000, the stock trades at a trailing P/E ratio of 14.7x. Average trailing P/E is 12x in the Logistics industry in Vietnam. Total returns to shareholders of 238% over the past three years. Duyuru • May 06
Transimex Corporation Announces Board Changes The Board resolution dated April 27, 2023, the Board of Transimex Corporation approved the following contents for the term VI (2023 – 2028) from April 27, 2023: The company announced the appointment of Mr. Vo Hoang Giang as Independent member of the BOD, Mr. Toshiyuki Matsuda as Independent member of the BOD, Mr. Vu Chinh as Member of the Supervisory Board and Ms. Le Thi Tuong Vy as Member of the Supervisory Board. The company also announced the resignation of Mr. Nguyen Bich Lan as Member of the BOD, Mr. Vu Chinh as Member of the BOD, Ms. Phan Phuong Tuyen as Member of the Supervisory Board and Ms. Nguyen Kim Hau as Member of the Supervisory Board. Reported Earnings • May 03
First quarter 2023 earnings released: EPS: ₫431 (vs ₫2,305 in 1Q 2022) First quarter 2023 results: EPS: ₫431 (down from ₫2,305 in 1Q 2022). Revenue: ₫462.0b (down 72% from 1Q 2022). Net income: ₫52.5b (down 79% from 1Q 2022). Profit margin: 11% (down from 15% in 1Q 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 42% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 18
Transimex Corporation Announces the Resignation of Nguyen Bao Trung as Nguyen Bao Trung Transimex Corporation announced the resignation of Mr. Nguyen Bao Trung as Deputy CEO, effective date is February 15, 2023. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: ₫5,742 (vs ₫5,120 in FY 2021) Full year 2022 results: EPS: ₫5,742 (up from ₫5,120 in FY 2021). Revenue: ₫3.64t (down 43% from FY 2021). Net income: ₫699.0b (up 27% from FY 2021). Profit margin: 19% (up from 8.6% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 34% per year but the company’s share price has increased by 48% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 18
Investor sentiment improved over the past week After last week's 15% share price gain to ₫60,500, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 11x in the Logistics industry in Vietnam. Total returns to shareholders of 285% over the past three years. Duyuru • Jan 06
Transimex Corporation Appoints Nguyen Bao Trung as Deputy CEO, Effective January 07, 2023 Transimex Corporation announced the appointment of Mr. Nguyen Bao Trung as Deputy CEO. Former position in the organization: Deputy CEO. Term: from January 07, 2023 to January 06, 2026. Effective date: January 07, 2023. Board Change • Nov 16
No independent directors There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 4 experienced directors. 5 highly experienced directors. No independent directors (7 non-independent directors). Director Toshiyuki Matsuda was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Third quarter 2022 earnings released: EPS: ₫1,128 (vs ₫1,805 in 3Q 2021) Third quarter 2022 results: EPS: ₫1,128 (down from ₫1,805 in 3Q 2021). Revenue: ₫594.3b (down 62% from 3Q 2021). Net income: ₫115.7b (down 16% from 3Q 2021). Profit margin: 20% (up from 8.8% in 3Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 55% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 26
Transimex Corporation Approves Resignation of Le Van Hung as Legal Representative, Chairman of BOD The board resolution dated October 20, 2022, the BOD of Transimex Corporation approved the following content: Approved the resignation letter of Mr. Le Van Hung as Legal Representative, Chairman of BOD of the company. Reported Earnings • Aug 06
Second quarter 2022 earnings released: EPS: ₫1,712 (vs ₫1,564 in 2Q 2021) Second quarter 2022 results: EPS: ₫1,712 (up from ₫1,564 in 2Q 2021). Revenue: ₫666.7b (down 53% from 2Q 2021). Net income: ₫166.9b (up 44% from 2Q 2021). Profit margin: 25% (up from 8.2% in 2Q 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth. 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. 5 experienced directors. 5 highly experienced directors. No independent directors (7 non-independent directors). Director Charvanin Bunditkitsada was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 23
Investor sentiment improved over the past week After last week's 17% share price gain to ₫104,400, the stock trades at a trailing P/E ratio of 17.5x. Average trailing P/E is 15x in the Logistics industry in Vietnam. Total returns to shareholders of 460% over the past three years. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment improved over the past week After last week's 15% share price gain to ₫86,500, the stock trades at a trailing P/E ratio of 14.5x. Average trailing P/E is 14x in the Logistics industry in Vietnam. Total returns to shareholders of 423% over the past three years. Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improved over the past week After last week's 20% share price gain to ₫81,200, the stock trades at a trailing P/E ratio of 22.7x. Average forward P/E is 18x in the Logistics industry in Asia. Total returns to shareholders of 481% over the past three years. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₫61,304, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 21x in the Logistics industry in Asia. Total returns to shareholders of 261% over the past three years. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment improved over the past week After last week's 16% share price gain to ₫64,900, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Logistics industry in Asia. Total returns to shareholders of 307% over the past three years. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS ₫1,036 (vs ₫912 in 2Q 2020) The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₫1.40t (up 75% from 2Q 2020). Net income: ₫75.8b (down 9.0% from 2Q 2020). Profit margin: 5.4% (down from 10% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 17
Investor sentiment improved over the past week After last week's 15% share price gain to ₫49,500, the stock trades at a trailing P/E ratio of 11.1x. Average trailing P/E is 21x in the Logistics industry in Asia. Total returns to shareholders of 150% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 22% share price gain to ₫51,300, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 21x in the Logistics industry in Asia. Total returns to shareholders of 136% over the past three years. Is New 90 Day High Low • Mar 02
New 90-day high: ₫42,000 The company is up 32% from its price of ₫31,783 on 02 December 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Feb 05
Investor sentiment improved over the past week After last week's 16% share price gain to ₫40,500, the stock is trading at a trailing P/E ratio of 10.6x, up from the previous P/E ratio of 9.2x. This compares to an average P/E of 15x in the Logistics industry in Vietnam. Total returns to shareholders over the past three years are 99%. Is New 90 Day High Low • Feb 04
New 90-day high: ₫38,700 The company is up 45% from its price of ₫26,696 on 06 November 2020. The Vietnamese market is up 18% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 13% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: ₫38,200 The company is up 39% from its price of ₫27,391 on 15 October 2020. The Vietnamese market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 17% over the same period. Duyuru • Dec 20
Ryobi International Logistics Vietnam acquired an additional 21.9% stake in Transimex Corporation (HOSE:TMS) from Casco Investments Limited. Ryobi International Logistics Vietnam acquired an additional 21.9% stake in Transimex Corporation (HOSE:TMS) from Casco Investments Limited on December 14, 2020. As per the transaction, Ryobi International Logistics Vietnam acquired an additional 16.8 million. Post completion, Casco Investments Limited hold no stake while Ryobi International Logistics Vietnam has 23.7% stake of Transimex Corporation.
Ryobi International Logistics Vietnam completed the acquisition of an additional 21.9% stake in Transimex Corporation (HOSE:TMS) from Casco Investments Limited on December 14, 2020. Is New 90 Day High Low • Dec 18
New 90-day high: ₫38,000 The company is up 37% from its price of ₫27,783 on 18 September 2020. The Vietnamese market is up 16% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 9.0% over the same period. Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improved over the past week After last week's 27% share price gain to ₫37,000, the stock is trading at a trailing P/E ratio of 9.7x, up from the previous P/E ratio of 7.7x. This compares to an average P/E of 21x in the Logistics industry in Asia. Total returns to shareholders over the past three years are 68%. Valuation Update With 7 Day Price Move • Nov 18
Market bids up stock over the past week After last week's 15% share price gain to ₫36,150, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 21x in the Logistics industry in Asia. Total returns to shareholders over the past three years are 24%. Is New 90 Day High Low • Nov 12
New 90-day high: ₫32,400 The company is up 24% from its price of ₫26,100 on 14 August 2020. The Vietnamese market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 6.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: ₫32,000 The company is up 24% from its price of ₫25,750 on 09 July 2020. The Vietnamese market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Logistics industry, which is up 3.0% over the same period. 
