Total Assets
2,568 bn VND
2021–2025
Revenue
454 bn VND
2021–2025
Net Profit
150 bn VND
2021–2025
Equity
1,166 bn VND
2021–2025
YOY GROWTH 2020 vs 2019
+11.7%
Assets Growth (%)
+11.5%
Equity Growth (%)
+36.9%
Revenue Growth (%)
+36.9%
Net Revenue Growth (%)
+333.2%
Net Profit Growth (%)
A
82/100
FINANCIAL HEALTH
profitability: 20/25
leverage: 12/25
margin: 25/25
growth: 25/25
ANALYST CONSENSUS
Aggregates use stored analyst metadata from configured sources (e.g. fireant.vn); coverage is not comprehensive for all listed names. Each row includes source and URL.
OPINIONS (730D)
0
WITH TARGET
0
MEAN TARGET
—
MEDIAN TARGET
—
TARGET RANGE
—
REPORTS IN WINDOW
| Date | Firm | Rating | Target | Vs Mean | Source |
|---|---|---|---|---|---|
| No analyst rows stored yet for this ticker. Run ingestion or try again later. | |||||
JSON: /api/analyst/VDS
KEY RATIOS (2020)
12.88
ROE (%)
Net Profit After Tax / Owner's Equity × 100
5.84
ROA (%)
Net Profit After Tax / Total Assets × 100
56.03
Gross Margin (%)
Gross Profit / Revenue × 100
33.03
Net Margin (%)
Net Profit After Tax / Revenue × 100
1.2
Debt/Equity
Total Liabilities / Owner's Equity
2.2
Equity Multiplier
Total Assets / Owner's Equity
DUPONT ANALYSIS
33.03
DuPont: Net Margin (%)
0.18
DuPont: Asset Turnover
2.2
DuPont: Eq. Multiplier
12.88
DuPont: ROE (%)
ROE = Net Margin × Asset Turnover × Equity Multiplier
📊 Analyst Consensus
No analyst coverage data available for VDS in the last 730 days.
Balance Sheet Bảng Cân Đối Kế Toán — 28 items, 14 years · values in tỷ đồng
| Line Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| CURRENT ASSETS (Bn. VND) | 6,925.8 | 6,096.5 | 4,945.1 | 4,021.9 | 3,920.2 | 2,514.9 | 2,245.8 | 1,880.8 | 1,807.0 | 1,562.7 | 976.3 | 1,074.2 | 658.4 | 564.5 |
| Cash and cash equivalents (Bn. VND) | 997.0 | 1,207.1 | 870.2 | 551.7 | 473.6 | 582.3 | 300.3 | 71.7 | 238.9 | 248.0 | 241.8 | 315.5 | 209.2 | 131.5 |
| Short-term investments (Bn. VND) | 5,808.7 | 4,793.8 | 4,010.2 | 3,416.7 | 3,416.2 | 1,907.1 | 1,929.2 | 1,780.1 | 1,552.2 | 1,168.4 | 581.8 | 152.8 | 55.6 | 0 |
| Accounts receivable (Bn. VND) | 105.3 | 80.4 | 50.9 | 20.8 | 19.3 | 22.6 | 24.5 | 39.4 | 22.8 | 19.2 | 17.7 | 470.4 | 392.4 | 382.3 |
| Other current assets | 14.8 | 15.2 | 13.8 | 32.6 | 11.2 | 2.9 | 2.2 | 7.5 | 3.1 | 134.6 | 135.0 | 135.6 | 1.2 | 3.5 |
| LONG-TERM ASSETS (Bn. VND) | 1,195.7 | 298.5 | 372.9 | 232.3 | 112.9 | 53.5 | 53.8 | 51.5 | 35.6 | 30.6 | 37.1 | 26.4 | 26.8 | 35.8 |
| Fixed assets (Bn. VND) | 61.5 | 64.0 | 60.3 | 45.0 | 32.5 | 19.2 | 19.0 | 14.6 | 15.5 | 13.4 | 13.5 | 12.8 | 14.2 | 18.2 |
| Long-term investments (Bn. VND) | 1,091.9 | 178.6 | 259.8 | 82.7 | 25.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Good will (Bn. VND) | 0 | 3.2 | 6.5 | 9.7 | 13.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other non-current assets | 41.6 | 43.5 | 49.8 | 87.7 | 52.1 | 34.3 | 34.8 | 33.7 | 20.1 | 17.0 | 23.4 | 13.5 | 12.6 | 17.6 |
| TOTAL ASSETS (Bn. VND) | 8,121.5 | 6,395.0 | 5,318.0 | 4,254.1 | 4,033.2 | 2,568.4 | 2,299.5 | 1,932.3 | 1,842.6 | 1,593.2 | 1,013.3 | 1,100.6 | 685.2 | 600.4 |
| LIABILITIES (Bn. VND) | 5,022.3 | 3,587.4 | 2,899.8 | 2,171.2 | 2,387.3 | 1,402.8 | 1,254.1 | 821.4 | 800.4 | 830.4 | 299.8 | 758.2 | 448.0 | 364.7 |
| Current liabilities (Bn. VND) | 4,998.5 | 3,554.4 | 2,841.7 | 2,035.8 | 2,322.9 | 1,390.5 | 1,253.3 | 820.9 | 796.9 | 829.8 | 299.2 | 757.5 | 447.2 | 363.9 |
| Long-term liabilities (Bn. VND) | 23.8 | 33.0 | 58.1 | 135.4 | 64.3 | 12.4 | 0.80 | 0.49 | 3.5 | 0.53 | 0.62 | 0.66 | 0.73 | 0.80 |
| OWNER'S EQUITY(Bn.VND) | 3,099.1 | 2,807.6 | 2,418.3 | 2,082.9 | 1,645.9 | 1,165.5 | 1,045.4 | 1,110.9 | 1,042.2 | 762.9 | 713.6 | 342.5 | 237.2 | 235.7 |
| Capital and reserves (Bn. VND) | 3,099.1 | 2,807.6 | 2,418.3 | 2,082.9 | 1,645.9 | 1,165.5 | 1,045.4 | 1,110.9 | 1,042.2 | 762.9 | 713.6 | 342.5 | 237.2 | 235.7 |
| Other Reserves | 3.1 | 1.5 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.2 | 2.2 | 2.2 |
| Undistributed earnings (Bn. VND) | 358.6 | 326.1 | 274.1 | -50.6 | 442.4 | 109.6 | 4.5 | 73.4 | 102.6 | 44.4 | 0 | -45.1 | -150.4 | -151.9 |
| TOTAL RESOURCES (Bn. VND) | 8,121.5 | 6,395.0 | 5,318.0 | 4,254.1 | 4,033.2 | 2,568.4 | 2,299.5 | 1,932.3 | 1,842.6 | 1,593.2 | 1,013.3 | 1,100.6 | 685.2 | 600.4 |
| Prepayments to suppliers (Bn. VND) | 1.8 | 0.96 | 11.8 | 1.6 | 1.5 | 1.8 | 0.36 | 0.60 | 2.1 | 1.7 | 0.55 | 1.6 | 0.04 | 0.03 |
| Other current assets (Bn. VND) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,498 | 0 | 134.8 | 0.61 | 2.8 |
| Common shares (Bn. VND) | 2,720.0 | 2,430.0 | 2,100.0 | 2,100.0 | 1,051.0 | 1,001.0 | 1,001.0 | 1,001.0 | 910.0 | 700.0 | 700.0 | 349.8 | 0 | 349.8 |
| Paid-in capital (Bn. VND) | 2,720.0 | 2,430.0 | 2,100.0 | 2,100.0 | 1,051.0 | 1,001.0 | 1,001.0 | 1,001.0 | 910.0 | 700.0 | 700.0 | 349.8 | 349.8 | 349.8 |
| Advances from customers (Bn. VND) | 13.1 | 13.2 | 13.4 | 12.2 | 2.5 | 1.7 | 1.1 | 0.74 | 0.69 | 1.7 | 0.62 | 0.66 | 0.70 | 0.79 |
| Short-term borrowings (Bn. VND) | 1,919.0 | 392.0 | 190.0 | 486.2 | 241.5 | 69.6 | 165.9 | 216.3 | 47.7 | 0 | 75.0 | 284.8 | 252.3 | 0 |
| Long-term prepayments (Bn. VND) | 2.3 | 2.8 | 5.9 | 11.5 | 5.0 | 0.83 | 1.7 | 1.6 | 0.61 | 0.25 | 0 | 0.17 | 0.85 | 7.9 |
| Other long-term assets (Bn. VND) | 291.9 | 178.6 | 259.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| MINORITY INTERESTS | 67.5 | 48.5 | 40.0 | 24.1 | 24.7 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Income Statement Báo Cáo Kết Quả Kinh Doanh — 22 items, 14 years · values in tỷ đồng
| Line Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (Bn. VND) | 1,041.8 | 987.4 | 772.2 | 822.8 | 1,022.1 | 454.4 | 331.9 | 419.3 | 354.1 | 229.1 | 119.2 | 228.6 | 96.4 | 0 |
| Revenue YoY (%) | 0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | 0 | 0 | 0 |
| Attribute to parent company (Bn. VND) | 283.1 | 289.8 | 327.6 | -121.4 | 425.7 | 150.1 | 34.6 | 68.7 | 111.4 | 49.3 | 20.9 | 105.2 | 1.5 | -27.6 |
| Attribute to parent company YoY (%) | -0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | 0 | 0 | -0 | 0 | 0 | 0 |
| Net Sales | 1,041.8 | 987.4 | 772.2 | 822.8 | 1,022.1 | 454.4 | 331.9 | 419.3 | 354.1 | 229.1 | 119.2 | 228.6 | 96.4 | 101.7 |
| Cost of Sales | -542.0 | -514.3 | -251.4 | -859.9 | -397.9 | -199.8 | -238.8 | -282.6 | -174.3 | -134.4 | -84.1 | -82.6 | -57.8 | -84.4 |
| Gross Profit | 499.8 | 473.0 | 520.8 | -37.1 | 624.2 | 254.6 | 93.1 | 136.7 | 179.8 | 94.7 | 35.1 | 146.0 | 38.7 | 17.3 |
| Financial Income | 54.4 | 53.4 | 58.2 | 37.9 | 31.4 | 11.6 | 11.4 | 14.8 | 11.9 | 8.3 | 7.9 | 0 | 0 | 0 |
| Financial Expenses | -33.5 | -5.5 | -15.5 | -23.0 | -1.7 | -2.1 | -0.78 | -2.0 | -0.05 | 0 | 0 | 0 | 0 | 0 |
| Interest Expenses | -31.0 | -5.3 | -15.0 | -6.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & Admin Expenses | -174.0 | -165.8 | -151.0 | -130.6 | -120.5 | -71.7 | -61.2 | -64.4 | -53.6 | -42.2 | -30.6 | -41.7 | -32.2 | -45.7 |
| Operating Profit/Loss | 346.8 | 355.2 | 412.5 | -152.8 | 533.5 | 192.3 | 42.5 | 85.1 | 138.0 | 60.8 | 12.4 | 104.2 | 6.5 | -28.5 |
| Net other income/expenses | 0.04 | 0.48 | 0.52 | -0.10 | 0.53 | 0.35 | 0.04 | 0.07 | 0.33 | 0.54 | 0.02 | 0.99 | 1.4 | 0.82 |
| Profit before tax | 346.8 | 355.6 | 413.1 | -152.9 | 534.1 | 192.7 | 42.5 | 85.1 | 138.3 | 61.4 | 12.4 | 105.2 | 7.9 | -27.6 |
| Business income tax - current | -68.3 | -49.3 | -47.6 | -0.17 | -111.1 | -30.9 | -7.8 | -19.5 | -23.9 | -3.5 | 0 | 0 | 0 | 0 |
| Business income tax - deferred | 3.7 | -15.1 | -35.3 | 38.1 | 3.8 | -11.7 | -0.03 | 3.0 | -3.1 | -8.5 | 8.5 | 0 | -6.4 | 0 |
| Net Profit For the Year | 282.2 | 291.2 | 330.2 | -115.0 | 426.7 | 150.1 | 34.6 | 68.7 | 111.4 | 49.3 | 20.9 | 105.2 | 1.5 | -27.6 |
| Minority Interest | -0.96 | 1.4 | 2.6 | 6.4 | 1.1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Attributable to parent company | 283.1 | 289.8 | 327.6 | -121.4 | 425.7 | 150.1 | 34.6 | 68.7 | 111.4 | 49.3 | 20.9 | 105.2 | 1.5 | -27.6 |
| Sales | 1,041.8 | 987.4 | 772.2 | 822.8 | 1,022.1 | 454.4 | 331.9 | 419.3 | 354.1 | 229.1 | 119.2 | 228.6 | 96.4 | 0 |
| Other income | 0.04 | 0.59 | 0.71 | 0.12 | 0.58 | 0.35 | 0.06 | 0.07 | 0.37 | 0.59 | 0.03 | 0.99 | 1.5 | 0.83 |
| Other Income/Expenses | -265 | -0.11 | -0.18 | -0.22 | -0.06 | -100 | -0.02 | -333 | -0.04 | -0.05 | -0.01 | 0 | -0.05 | -0.01 |
Cash Flow Statement Báo Cáo Lưu Chuyển Tiền Tệ — 34 items, 14 years · values in tỷ đồng
| Line Item | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Profit/Loss before tax | 346.8 | 355.6 | 413.1 | -152.9 | 534.1 | 192.7 | 42.5 | 85.1 | 138.3 | 61.4 | 12.4 | 105.2 | 7.9 | -27.6 |
| Depreciation and Amortisation | 24.7 | 21.6 | 15.7 | 12.4 | 8.2 | 6.4 | 6.2 | 6.6 | 6.1 | 4.9 | 4.5 | 4.0 | 5.0 | 7.0 |
| Provision for credit losses | -0.01 | 0.02 | -9,912 | 0.12 | -76 | -36 | 16.8 | -0.50 | -0.82 | 2.0 | 6.9 | 8.1 | -39.7 | -21.6 |
| Unrealized foreign exchange gain/loss | 0.32 | 0 | 0 | 0.53 | 0.08 | 0.61 | 0.07 | -0.10 | 0.05 | 0 | 0 | 0 | 0 | 0 |
| Profit/Loss from investing activities | -54.4 | -53.8 | -57.6 | -37.8 | -31.5 | -11.8 | -11.2 | -14.4 | -12.2 | -8.8 | -7.9 | -3.3 | -7.4 | -8.4 |
| Interest Expense | 31.0 | 5.3 | -8.8 | -5.4 | 0 | 0 | 0 | 0 | 0 | -1.7 | 0 | 30.7 | 28.9 | 52.7 |
| Interest income and dividends | -30.3 | -9.8 | 0 | 0 | -8.1 | -3.5 | -3.7 | -3.5 | -2.7 | 0 | -1.2 | 0 | 0 | 0 |
| Operating profit before changes in working capital | -1,183.6 | -793.5 | -299.9 | -422.2 | -1,472.5 | -18.8 | -7.5 | -348.8 | -550.0 | -416.0 | -30.5 | 144.7 | -5.2 | 2.2 |
| Increase/Decrease in receivables | 6.5 | -44.7 | -5.5 | 0 | 6.1 | 0 | 0 | 0 | 0 | 0 | -9.6 | 0 | 0 | 0 |
| Increase/Decrease in inventories | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 31.7 | 0 |
| Increase/Decrease in payables | -7.6 | -25.1 | 39.7 | -30.4 | 8.3 | -132.8 | 153.9 | 3,130 | -19.9 | 19.2 | -4.1 | 0 | 0 | 0 |
| Increase/Decrease in prepaid expenses | -0.30 | 1.6 | 3.5 | -5.2 | -11.1 | 0.03 | 1.3 | -1.4 | -1.4 | 1.0 | -1.9 | 0.51 | 0.04 | 0.29 |
| Interest paid | -32.0 | -5.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -30.7 | -28.8 | -78.1 |
| Business Income Tax paid | -35.7 | -61.4 | -9.7 | -51.6 | -95.7 | -16.0 | -6.0 | -25.7 | -21.8 | -1.2 | 0 | 0 | 0 | 0 |
| Other payments on operating activities | -2.8 | -0.94 | 0 | 0 | 0 | 0 | -7.4 | -8.5 | 2.0 | 2.5 | -1.5 | -1.7 | 0 | 94.9 |
| Net cash inflows/outflows from operating activities | -850.3 | -514.4 | -212.0 | -316.9 | -983.9 | 79.8 | 42.1 | -196.0 | -450.4 | -358.2 | -33.4 | -7.3 | -9.2 | 200.5 |
| Purchase of fixed assets | -10.4 | -35.1 | -17.2 | -38.2 | -24.6 | -6.6 | -5.8 | -8.9 | -8.0 | -4.8 | -5.3 | -2.6 | -0.50 | -2.2 |
| Proceeds from disposal of fixed assets | 4,818 | 1.0 | 0.23 | 545 | 0.43 | 0.26 | 0 | 0 | 0.29 | 0.55 | 0 | 0 | 0.41 | 0.05 |
| Collection of loans, proceeds from sales of debts instruments (Bn. VND) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 6.3 | 0 | 0 |
| Investment in other entities | -1,020.0 | -34.3 | -194.4 | -83.6 | -51.4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Proceeds from divestment in other entities | 151.5 | 55.6 | 10.0 | 10.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Gain on Dividend | 54.4 | 53.4 | 57.4 | 37.9 | 31.1 | 11.5 | 11.2 | 14.4 | 11.9 | 8.3 | 7.9 | 0 | 4.0 | 8.4 |
| Net Cash Flows from Investing Activities | -824.5 | 40.7 | -144.0 | -73.9 | -44.6 | 5.2 | 5.4 | 5.5 | 4.2 | 4.0 | 2.6 | 3.7 | 3.9 | 6.3 |
| Increase in charter captial | 68.0 | 95.5 | 16.8 | 588.0 | 0 | 0 | 0 | 0 | 210.0 | 0 | 350.2 | 0 | 0 | 0 |
| Payments for share repurchases | -0.01 | -0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Proceeds from borrowings | 8,949.5 | 5,360.3 | 6,120.7 | 7,042.1 | 6,449.4 | 2,961.1 | 3,263.8 | 2,786.5 | 2,824.0 | 1,418.4 | 1,451.6 | 4,554.7 | 341.6 | 2,088.3 |
| Repayment of borrowings | -7,552.9 | -4,645.2 | -5,462.9 | -7,161.1 | -5,499.3 | -2,731.0 | -3,016.0 | -2,763.1 | -2,555.0 | -1,071.0 | -1,580.7 | -4,522.1 | -336.3 | -2,291.7 |
| Dividends paid | 0 | 0 | 0 | -0.03 | -30.3 | -33.1 | -66.7 | 0 | -42.0 | 0 | 0 | 0 | 0 | 0 |
| Cash flows from financial activities | 1,464.6 | 810.6 | 674.6 | 468.9 | 919.8 | 197.0 | 181.0 | 23.4 | 437.0 | 347.3 | 221.1 | 32.6 | 5.3 | -203.4 |
| Net increase/decrease in cash and cash equivalents | -210.2 | 336.9 | 318.6 | 78.1 | -108.7 | 282.0 | 228.5 | -167.1 | -9.1 | -6.8 | 190.4 | 29.0 | -0.05 | 3.3 |
| Cash and cash equivalents | 1,207.1 | 870.2 | 551.7 | 473.6 | 582.3 | 300.3 | 71.7 | 238.9 | 248.0 | 241.8 | 51.4 | 27.5 | 27.5 | 24.2 |
| Cash and Cash Equivalents at the end of period | 997.0 | 1,207.1 | 870.2 | 551.7 | 473.6 | 582.3 | 300.3 | 71.7 | 238.9 | 235.0 | 241.8 | 56.5 | 27.5 | 27.5 |
| _Increase/Decrease in receivables | -0.89 | 10.8 | -10.1 | -0.17 | 0.69 | -1.7 | 0.25 | 1.5 | -0.41 | -0.93 | 32.9 | -219.2 | -7.2 | 0 |
| _Increase/Decrease in payables | 0.71 | -0.79 | 1.7 | 7.2 | 3.5 | 3.2 | -0.26 | -0.63 | -289.9 | 155.7 | -0.07 | 0 | 0.24 | 0 |