FPT Corp.
- 46,950.00 VND
- -1,250.00
- -2.59%
Vietnam
Jul 19, 2019Ticker
STC(FPT)Prev. close
48,200Market cap (VND)
32,692.90BMarket cap (USD)
1,406.33MShares
678.27M
In the news
- Vietnam's FPT plans engineer surge to sharpen Japan focus Dec 7, 2018
- FPT Retail lists shares on Ho Chi Minh City bourse Apr 26, 2018
- Vietnam's Danang begins makeover into 'smart city' Apr 21, 2018
- Vietnam protesters say $660m stolen in initial coin offerings Apr 12, 2018
- Vietnam to restart sales of its stakes in blue chips Feb 19, 2018 See more articles on FPT Corp.
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.
Business Summary
Financial Highlights
| Dec 2018 | VND | USD |
| Revenue | 23,213.53B | 1,008.14M |
| Gross Profit | 8,722.87B | 378.82M |
| Operating income | 3,121.75B | 135.57M |
| Income before tax | 3,857.60B | 167.53M |
| Net income | 2,391.23B | 103.84M |
| EBITDA | 4,286.44B | 186.15M |
| Diluted EPS | 3,548.16 | 0.15 |
| Dividends Per Share | 1,818.18 | 0.07 |
| Total Assets | 29,757.06B | 1,282.90M |
| Total liabilities | 14,981.90B | 645.91M |
| Total equity | 12,473.11B | 537.75M |
| Operating cash flow | 4,062.02B | 176.41M |
| Currency in VND | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 32,644.65B | 37,959.69B | 39,531.46B | 42,658.61B | 23,213.53B |
| Gross Profit | 6,273.46B | 7,493.81B | 8,438.13B | 9,682.40B | 8,722.87B |
| Operating income | 2,387.51B | 2,935.15B | 3,048.52B | 3,166.63B | 3,121.75B |
| Income before tax | 2,418.36B | 2,851.14B | 3,013.89B | 4,255.11B | 3,857.60B |
| Net income | 1,632.08B | 1,740.89B | 1,800.14B | 2,719.20B | 2,391.23B |
| EBITDA | 3,475.55B | 3,668.03B | 3,981.96B | 4,206.05B | 4,286.44B |
| Diluted EPS | 2,466.85 | 2,621.69 | 2,701.49 | 4,054.54 | 3,548.16 |
| Dividends Per Share | 1,039.55 | 1,195.48 | 1,374.80 | 1,976.28 | 1,818.18 |
| Total Assets | 22,658.34B | 26,045.58B | 29,833.26B | 24,999.67B | 29,757.06B |
| Total liabilities | 13,400.33B | 15,863.11B | 18,384.99B | 11,761.10B | 14,981.90B |
| Total equity | 7,913.34B | 8,580.97B | 9,525.12B | 11,428.99B | 12,473.11B |
| Operating cash flow | 1,340.72B | 1,382.45B | 4,620.42B | 2,396.23B | 4,062.02B |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 1,539.89M | 1,731.30M | 1,767.54M | 1,877.84M | 1,008.14M |
| Gross Profit | 295.92M | 341.78M | 377.28M | 426.22M | 378.82M |
| Operating income | 112.62M | 133.86M | 136.30M | 139.39M | 135.57M |
| Income before tax | 114.07M | 130.03M | 134.75M | 187.31M | 167.53M |
| Net income | 76.98M | 79.40M | 80.48M | 119.69M | 103.84M |
| EBITDA | 163.94M | 167.29M | 178.04M | 185.15M | 186.15M |
| Diluted EPS | 0.11 | 0.11 | 0.12 | 0.17 | 0.15 |
| Dividends Per Share | 0.04 | 0.05 | 0.06 | 0.08 | 0.07 |
| Total Assets | 1,059.41M | 1,158.35M | 1,310.14M | 1,100.87M | 1,282.90M |
| Total liabilities | 626.54M | 705.49M | 807.38M | 517.90M | 645.91M |
| Total equity | 369.99M | 381.63M | 418.30M | 503.28M | 537.75M |
| Operating cash flow | 63.24M | 63.05M | 206.59M | 105.48M | 176.41M |
Valuation Measures
| Dec 2018 | |
| PER | 10.81 |
| ROA | 8.73% |
| ROE | 20.00% |
| Operating margin | 13.44% |
| Profit margin | 10.30% |
Key executives
- Vice Chairman & General Director: Ngoc Quang Bui
- Chief Operating Officer: Ha Viet Hoang
- Chief Technology Officer: Viet Hong Le
- Director & Deputy General Director-Sales: Bao Cao Do
- Deputy General Director: Phuong The Nguyen
Shareholders
- TRUONG BINH GIA (7.0%)
- State Capital Investment Corp. (Investment Management) (5.8%)
- Dragon Capital Management Co. Ltd. (3.4%)
- BUI NGOC QUANG (3.3%)
- Bdm Investment & Trading JSC (2.5%)
- Qt Co. Ltd. (2.2%)
- Truck Capital Management LLC (2.1%)
- FIL Investment Management (Hong Kong) Ltd. (1.8%)
- Mason Hill Advisors LLC (1.7%)
- Templeton Asset Management Ltd. (1.7%)
Contact Details
- Website:http://fpt.com.vn
- Address: FPT Cau Giay Building, 17 Duy Tan Street, Ha Noi, 100000, Vietnam
- Phone: +84.24.7300.7300
Related Companies
- FPT Asia Pacific Pte Ltd.
- FPT Ventures
- FPT Software Co. Ltd.
- FPT Securities JSC (Staging)
- Fpt Investment
- Fpt Media Co. Ltd.
- FPT Online JSC
- Synnex FPT JSC
- FPT Information System Corp.
- Intellinet Corp.
Competitors
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Last Updated on 19 Jul, 2019