Asia300

FPT Corp.

Vietnam

  • 1m
  • 3m
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  • 1y
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May 29, 2017
Prev close: 42,600
May 29, 2017
Market cap:
Market cap(USD):
22,615.77B
994.49M
Shares: 530.88M

Currency in VND

Company profile

Market(Ticker): STC(FPT)
Sector:
Industry:
Technology Services
Information Technology Services
Full time employees: 28,397

Business summary

FPT Corp. engaged in the provision of information, technology, and telecommunications products and services. It operates through the Technology and Telecommunications, and Investment and Education business segments. The Information Technology and Telecommunications segment is divided into the following sub segments: telecommunications, digital content, software development, system integration, informatics services, education, and manufacture, distribution and retails of technology products. The Investment segment involves the management of investments in associates in the finance field and real estate projects. The company was founded by Binh Gia Truong, Tien Quang Le, Ngoc Quang Bui, Bao Cao Do, Nam Thanh Nguyen, and Thanh Thanh Thi Truong on September 13, 1988 and is headquartered in Ha Noi, Vietnam.

Company background

FPT is the largest information technology company in Vietnam. Sales in the year ended December 2013 totaled some $1.4 billion. The company is engaged in a wide array of activities including software development, telecommunications and marketing of IT products. It undertakes software development for many foreign clients, with half of orders coming from Japan.

The company founded a university in hopes of expanding the pool of capable engineers available. It set a goal of more than tripling the number of engineers who speak Japanese to 10,000 by 2020.

The government holds only a 6% stake in FPT. It is 49% owned by foreign investors and the largest shareholder is Chairman Truong Gia Binh, 58, who holds just over 7%. The company went public on the Hochiminh Stock Exchange in 2006. Its market capitalization, at about $800 million, is one of the largest among non-state entities.

The company is expanding its business abroad and had operations in 16 countries and regions as of summer in 2014. In June 2014, it acquired a Slovakian IT company.

FPT started as a food processing technology company founded by Binh in 1988. Binh studied mathematics and computers at Moscow State University, where earned his doctorate. He has been dubbed the Bill Gates of Vietnam.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 39,531.46B
Gross profit 8,438.13B
Operating income 3,048.52B
Income before tax 3,013.89B
Net income 1,800.14B
EBITDA 3,981.96B
Diluted EPS 3,417.39
Dividends per share 1,739.13
Total assets 29,833.26B
Total liabilities 18,384.99B
Total equity 9,525.12B
Operating cash flow 4,620.42B

Currency in VND

Revenue 1,767.54M
Gross profit 377.28M
Operating income 136.30M
Income before tax 134.75M
Net income 80.48M
EBITDA 178.04M
Diluted EPS 0.15
Dividends per share 0.07
Total assets 1,310.14M
Total liabilities 807.38M
Total equity 418.30M
Operating cash flow 206.59M

Currency in USD

Valuation measures

Dec 2016

PER 11.19
ROA 6.44%
ROE 19.88%
Operating margin 7.71%
Profit margin 4.55%

Key executive

  • Vice Chairman & General Director: Ngoc Quang Bui
  • Chief Operating Officer: Ha Viet Hoang
  • Deputy General Director-Finance: Phuong The Nguyen
  • Director-Mergers & Acquisitions: Uwe Schlarge
  • Chief Accountant & Head-Finance Department: Chien Huu Hoang

Share holders

  • TRUONG BINH GIA(7.0%)
  • State Capital Investment Corp. (Investment Management)(5.9%)
  • Jade River Management Ltd.(5.6%)
  • BUI NGOC QUANG(3.6%)
  • GIC Pte Ltd. (Investment Management)(3.5%)
  • Dragon Capital Management Co. Ltd.(2.2%)
  • Caravel Management LLC (New York)(2.2%)
  • Mason Hill Advisors LLC(2.1%)
  • Temasek Capital Pte Ltd.(2.0%)
  • Norges Bank Investment Management(2.0%)

Address

  • Website: http://www.fpt.com.vn
  • Address: FPT Cau Giay Building, Duy Tan Street, Dich Vong Hau Ward, Ha Noi, 100000, Vietnam
  • Phone: +84.4.7300.7300

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