Asia300

Vingroup JSC

Vietnam

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Feb 22, 2018
Prev close: 90,500
Feb 22, 2018
Market cap:
Market cap(USD):
238,712.57B
10,504.86M
Shares: 2,637.70M

Currency in VND

Company profile

Market(Ticker): STC(VIC)
Sector:
Industry:
Finance
Real Estate Development
Full time employees: --

Business summary

Vingroup JSC engages in real estate business. It also involves in investment activities and provides general administrative services. It operates through the following segments: Sales of Inventory Properties; Leasing Investment Properties and Related Services; Hospitality, Entertainment, and Related Services; Health Care and Related Services; Education and Related Services; Retail Services; and Others. The Sales of Inventory Properties segment covers developing and trading apartments and villas at real estate projects of the group as well as other investment activities in real estate sector. The Leasing Investment Properties and Related Services segment refers to leasing of office and retail areas and rendering related services at investment properties owned by the group. The Hospitality, Entertainment, and Related Services segment includes provision of hotel and related services at the hotels and resorts owned by the group. The Health Care and Related Services segment provides health care and related services at Vinmec International General Hospitals. The Education and Related Services segment engages in the provision of education and related services at Vinschool system and Vinacademy of the group. The Retail Services segment provides retailing and supermarket, convenience stores, and fashion showrooms. The Others segment refers to the provision of management, construction services, security, agriculture, trading wooden goods and other services. The company was founded by Vuong Nhat Pham in 1993 and is headquartered in Ha Noi, Vietnam.

Company background

Vingroup is Vietnam's largest real estate company and deals in a wide range of properties, including houses, shopping malls, hotels, golf courses and hospitals. The company has enhanced its brand cachet by targeting its Vincom shopping malls and Vincom Village residential areas at affluent customers.

One of the few entirely non-state concerns in Vietnam, Vingroup is about 30% owned by its largest shareholder and founder Pham Nhat Vuong. Foreign investors have a combined interest of about 15%. Market capitalization, at approximately $3 billion, is the largest among non-state-run companies and ranks among Vietnam's top five concerns when including state-owned entities.

Vingroup started out as a food-processing company founded by Vuong in Ukraine in 1993. The company was moved to Vietnam in 2000 as Vuong wished to contribute to the development of his home country. In 2013, he became the first Vietnamese to make it into the Forbes rankings of the world's wealthiest people.

In 2013, Vingroup raised some $200 million from U.S. investment fund Warburg Pincus to invest in four areas -- commercial facilities, tourism, hospitals and schools.

In the news

Financial highlights

Dec 2017

  • Local currency
  • US Dollar
Revenue 92,000.97B
Gross profit --
Operating income 87,930.78B
Income before tax 8,915.20B
Net income 4,247.28B
EBITDA 91,794.38B
Diluted EPS --
Dividends per share --
Total assets 214,855.09B
Total liabilities 162,548.91B
Total equity 31,216.30B
Operating cash flow 22,736.05B

Currency in VND

Revenue 4,049.90M
Gross profit --
Operating income 3,870.73M
Income before tax 392.44M
Net income 186.96M
EBITDA 4,040.81M
Diluted EPS --
Dividends per share --
Total assets 9,461.23M
Total liabilities 7,157.90M
Total equity 1,374.62M
Operating cash flow 1,000.84M

Currency in USD

Valuation measures

Dec 2017

PER 44.70
ROA 2.14%
ROE 14.62%
Operating margin 95.57%
Profit margin 4.61%

Key executive

  • General Director: Mai Hoa Thi Duong
  • Deputy General Director: Khuong Van Pham
  • Deputy General Director: Noi Huong Mai
  • Deputy General Director: Thuy Thanh Dang
  • Chief Accountant: Thu Hien Thi Nguyen

Share holders

  • Vietnam Investments Group LLC(33.3%)
  • PHAM VUONG NHAT(27.4%)
  • PHAM HUONG THU(4.7%)
  • Vingroup JSC(3.4%)
  • PHAM HANG THUY(3.1%)
  • Van Eck Associates Corp.(0.3%)
  • Templeton Asset Management Ltd. (Hong Kong)(0.1%)
  • BlackRock Fund Advisors(0.1%)
  • Parametric Portfolio Associates LLC(0.1%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.1%)

Address

  • Website: http://www.vingroup.net
  • Address: No 7, Bang Lang 1 Street, Vinhomes Riverside, Viet Hung Ward, Ha Noi, 100000, Vietnam
  • Phone: +84.4.3974.9999

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