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Technology Services

FPT Corp.

  • 42,500.00 VND
  • -250.00
  • -0.58%
  • Vietnam
    Nov 16, 2018
  • Ticker
    STC(FPT)
  • Prev. close
    42,750
  • Market cap (VND)
    26,229.40B
  • Market cap (USD)
    1,125.39M
  • Shares
    613.55M

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

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.

Financial Highlights

Dec 2017 VNDUSD
Revenue42,658.61B1,877.84M
Gross Profit9,682.40B426.22M
Operating income3,166.63B139.39M
Income before tax4,255.11B187.31M
Net income2,719.20B119.69M
EBITDA4,206.05B185.15M
Diluted EPS4,459.990.19
Dividends Per Share2,173.910.09
Total Assets24,999.67B1,100.87M
Total liabilities11,761.10B517.90M
Total equity11,428.99B503.28M
Operating cash flow2,396.23B105.48M
Currency in VNDCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 27,027.88B 32,644.65B 37,959.69B 39,531.46B 42,658.61B
Gross Profit 5,539.15B 6,273.46B 7,493.81B 8,438.13B 9,682.40B
Operating income 2,336.07B 2,387.51B 2,935.15B 3,048.52B 3,166.63B
Income before tax 2,494.10B 2,418.36B 2,851.14B 3,013.89B 4,255.11B
Net income 1,607.70B 1,632.08B 1,740.89B 1,800.14B 2,719.20B
EBITDA 3,026.11B 3,475.55B 3,668.03B 3,981.96B 4,206.05B
Diluted EPS 2,679.46 2,713.54 2,883.86 2,971.64 4,459.99
Dividends Per Share 1,372.20 1,143.50 1,315.03 1,512.28 2,173.91
Total Assets 17,570.55B 22,658.34B 26,045.58B 29,833.26B 24,999.67B
Total liabilities 9,316.42B 13,400.33B 15,863.11B 18,384.99B 11,761.10B
Total equity 7,205.91B 7,913.34B 8,580.97B 9,525.12B 11,428.99B
Operating cash flow 1,556.59B 1,340.72B 1,382.45B 4,620.42B 2,396.23B
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 1,285.15M 1,539.89M 1,731.30M 1,767.54M 1,877.84M
Gross Profit 263.38M 295.92M 341.78M 377.28M 426.22M
Operating income 111.07M 112.62M 133.86M 136.30M 139.39M
Income before tax 118.59M 114.07M 130.03M 134.75M 187.31M
Net income 76.44M 76.98M 79.40M 80.48M 119.69M
EBITDA 143.88M 163.94M 167.29M 178.04M 185.15M
Diluted EPS 0.12 0.12 0.13 0.13 0.19
Dividends Per Share 0.06 0.05 0.05 0.06 0.09
Total Assets 832.92M 1,059.41M 1,158.35M 1,310.14M 1,100.87M
Total liabilities 441.64M 626.54M 705.49M 807.38M 517.90M
Total equity 341.59M 369.99M 381.63M 418.30M 503.28M
Operating cash flow 74.01M 63.24M 63.05M 206.59M 105.48M

Valuation Measures

Dec 2017
PER11.13
ROA9.91%
ROE25.95%
Operating margin7.42%
Profit margin6.37%

Key executives

  • Vice Chairman & General Director: Ngoc Quang Bui
  • Chief Operating Officer: Ha Viet Hoang
  • CFO & Deputy General Director: Phuong The Nguyen
  • Chief Technology Officer: Viet Hong Le
  • Director & Deputy General Director-Sales: Bao Cao Do

Shareholders

  • TRUONG BINH GIA (7.0%)
  • State Capital Investment Corp. (Investment Management) (5.9%)
  • GIC Pte Ltd. (Investment Management) (3.5%)
  • Dragon Capital Management Co. Ltd. (3.4%)
  • BUI NGOC QUANG (3.4%)
  • Qt Co. Ltd. (2.1%)
  • FIL Investment Management (Hong Kong) Ltd. (1.8%)
  • Mason Hill Advisors LLC (1.8%)
  • Templeton Asset Management Ltd. (1.7%)
  • Norges Bank Investment Management (1.6%)

Contact Details

  • Website:http://fpt.com.vn
  • Address: FPT Cau Giay Building, 17 Duy Tan Street, Ha Noi, 100000, Vietnam
  • Phone: +84.4.7300.7300

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

    Last Updated on 16 Nov, 2018

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