GSM vs VNM (2017)
KEY RATIOS
ROE (%)
GSM
13.8
VNM
43.05
ROA (%)
GSM
7.44
VNM
29.65
Gross Margin (%)
GSM
58.78
VNM
47.39
Net Margin (%)
GSM
30.21
VNM
20.1
Debt/Equity
GSM
0.86
VNM
0.45
Equity Multiplier
GSM
1.86
VNM
1.45
Balance Sheet
| Item | GSM | VNM |
|---|---|---|
| Current Assets | 24.8 | 20,307 |
| Non-Current Assets | 600.9 | 14,360 |
| Fixed Assets | 584.0 | 10,609 |
| Total Assets | 625.7 | 34,667 |
| Total Liabilities | 288.4 | 10,794 |
| Current Liabilities | 216.4 | 10,196 |
| Non-Current Liabilities | 72.0 | 598.7 |
| Owner's Equity | 337.3 | 23,873 |
Income Statement
| Item | GSM | VNM |
|---|---|---|
| Revenue | 154.0 | 51,135 |
| Profit Attr. to Parent | 46.5 | 10,296 |
| Net Revenue | 154.0 | — |
| Cost of Goods Sold | -63.5 | -26,807 |
| Gross Profit | 90.5 | 24,234 |
| G&A Expenses | -6.9 | -1,267.6 |
| Operating Profit | 49.1 | 12,226 |
| Profit Before Tax | 49.6 | 12,229 |
| Net Profit After Tax | 46.5 | 10,278 |
| Selling Expenses | — | -11,537 |
Cash Flow
| Item | GSM | VNM |
|---|---|---|
| Depreciation | 35.6 | 1,299.9 |
| Interest Paid | -32.2 | -65.1 |
| Tax Paid | -0.17 | -1,933.5 |
| Operating Cash Flow | 81.1 | 9,601.6 |
| Capex | -0.66 | -2,673.0 |
| Investing Cash Flow | -0.64 | -1,771.0 |
| Proceeds From Borrowings | 40.0 | 2,777.1 |
| Repayment Of Borrowings | -115.8 | -4,224.2 |
| Dividends Paid | 0 | -5,805.8 |
| Financing Cash Flow | -75.8 | -7,535.3 |
| Net Change in Cash | 4.7 | 295.3 |
| Ending Cash Balance | 8.1 | 963.3 |