Asia300

Vingroup JSC

Vietnam

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Jul 27, 2017
Prev close: 42,300
Jul 27, 2017
Market cap:
Market cap(USD):
111,575.04B
4,908.60M
Shares: 2,637.70M

Currency in VND

Company profile

Market(Ticker): STC(VIC)
Sector:
Industry:
Finance
Real Estate Development
Full time employees: 333

Business summary

Vingroup JSC engages in real estate business. It involves in investment activities and provide general administrative 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 2016

  • Local currency
  • US Dollar
Revenue 58,823.22B
Gross profit 16,784.48B
Operating income 2,084.59B
Income before tax 5,792.75B
Net income 2,439.51B
EBITDA 9,795.49B
Diluted EPS 1,178
Dividends per share --
Total assets 180,450.84B
Total liabilities 135,184.45B
Total equity 26,882.30B
Operating cash flow 5,606.33B

Currency in VND

Revenue 2,630.12M
Gross profit 750.47M
Operating income 93.20M
Income before tax 259.00M
Net income 109.07M
EBITDA 437.97M
Diluted EPS 0.05
Dividends per share --
Total assets 7,924.59M
Total liabilities 5,936.69M
Total equity 1,180.55M
Operating cash flow 250.67M

Currency in USD

Valuation measures

Dec 2016

PER 35.65
ROA 1.49%
ROE 9.76%
Operating margin 3.54%
Profit margin 4.14%

Key executive

  • General Director: Hoa Mai 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%)
  • PHAM HANG THUY(3.1%)
  • Van Eck Associates Corp.(0.5%)
  • Templeton Asset Management Ltd. (Hong Kong)(0.3%)
  • Parametric Portfolio Associates LLC(0.2%)
  • Lion Global Investors Ltd.(0.2%)
  • BlackRock Fund Advisors(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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