Cash flow Saigon Cargo Service Corporation

Stocks

SCS

VN000000SCS4

Airport Services

End-of-day quote Ho Chi Minh S.E. Other stock markets 2026-06-11			5-day change	1st Jan Change
50,200.00 ^VND	+0.20%		-1.76%	-2.33%

Apr. 29	Saigon Cargo Service Corporation Announces Cash Dividends for the Year 2025	CI
Apr. 16	Saigon Cargo Service Corporation Reports Earnings Results for the First Quarter Ended March 31, 2026	CI

900751a0f2a7d721ee.sQ3OI1uZH1TDZQvughEbLqxW9FaekZiNe8-DaAKSUxE.iH2JFT_oXTuQB1-c3WV3Yck5oS6t--DFVoz0BHTrEijlPI16KdZqNbUPQg

Published financial data: SAIGON CARGO SERVICE CORPORATION

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	839B	851B	705B	1,037B	1,197B
Total Revenues	839B	851B	705B	1,037B	1,197B
Cost of Goods Sold, Total	187B	153B	170B	236B	258B
Gross Profit	652B	698B	535B	801B	939B
Selling General & Admin Expenses, Total	78.08B	56.9B	51.67B	71.14B	68.8B
Other Operating Expenses, Total	78.08B	56.9B	51.67B	71.14B	68.8B
Operating Income	574B	641B	484B	730B	870B
Interest Expense, Total	-	-	-	-	-311M
Interest And Investment Income	34.5B	58.62B	88.25B	54.81B	67.55B
Net Interest Expenses	34.5B	58.62B	88.25B	54.81B	67.24B
Currency Exchange Gains (Loss)	-948M	-423M	-1.29B	595M	3.58B
Other Non Operating Income (Expenses)	-1.81B	-2.68B	-2.04B	-2.39B	-1.14B
EBT, Excl. Unusual Items	605B	697B	569B	783B	940B
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	605B	697B	569B	783B	940B
Income Tax Expense	41.69B	50.46B	70.25B	89.86B	189B
Earnings From Continuing Operations	564B	646B	498B	693B	751B
Net Income to Company	564B	646B	498B	693B	751B
Net Income - (IS)	564B	646B	498B	693B	751B
Preferred Dividend and Other Adjustments	34.56B	35.43B	61.06B	72.96B	76.25B
Net Income to Common Incl Extra Items	529B	611B	437B	620B	675B
Net Income to Common Excl. Extra Items	529B	611B	437B	620B	675B
Per Share Items
Net EPS - Basic	5.64K	6.51K	4.64K	6.55K	7.11K
Basic EPS - Continuing Operations	5.64K	6.51K	4.64K	6.55K	7.11K
Basic Weighted Average Shares Outstanding	93.88M	93.88M	94.27M	94.68M	94.89M
Net EPS - Diluted	5.64K	6.5K	4.64K	6.55K	7.11K
Diluted EPS - Continuing Operations	5.64K	6.5K	4.64K	6.55K	7.11K
Diluted Weighted Average Shares Outstanding	93.88M	93.88M	94.27M	94.68M	94.89M
Normalized Basic EPS	4.03K	4.64K	3.77K	5.17K	6.19K
Normalized Diluted EPS	4.03K	4.64K	3.77K	5.17K	6.19K
Dividend Per Share	-	6K	5K	6K	-
Payout Ratio	48.13	67.91	73.56	74.28	80.5
Supplemental Items
EBITDA	627B	684B	527B	774B	916B
EBITA	574B	641B	484B	730B	870B
EBIT	574B	641B	484B	730B	870B
Total Revenues (As Reported)	839B	851B	705B	1,037B	1,197B
Effective Tax Rate - (Ratio)	6.89	7.24	12.36	11.48	20.07
Current Domestic Taxes	41.69B	-	-	-	189B
Total Current Taxes	41.69B	50.46B	70.25B	89.86B	189B
Normalized Net Income	378B	435B	355B	489B	587B
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
General and Administrative Expenses	78.08B	56.9B	51.67B	71.14B	68.8B

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	57.88B	51.31B	163B	317B	108B
Short Term Investments	480B	860B	899B	954B	1,448B
Total Cash And Short Term Investments	538B	911B	1,062B	1,271B	1,557B
Accounts Receivable, Total	85.99B	60.62B	56.74B	85.11B	101B
Other Receivables	11.38B	18.86B	38.46B	23.04B	26.99B
Notes Receivable	210B	-	-	-	-
Total Receivables	307B	79.48B	95.2B	108B	128B
Inventory	-	-	-	-	-
Prepaid Expenses	1.34B	3.91B	4.32B	5.65B	5.7B
Other Current Assets, Total	4.9B	5.72B	1B	3.29B	3.18B
Total Current Assets	851B	1,000B	1,163B	1,388B	1,694B
Gross Property Plant And Equipment	863B	898B	1,083B	1,097B	1,104B
Accumulated Depreciation	-450B	-487B	-607B	-652B	-695B
Net Property Plant And Equipment	413B	412B	476B	446B	409B
Other Intangibles, Total	61.37B	61.24B	60.93B	60.8B	60.7B
Other Long-Term Assets, Total	89.68B	82.23B	3.16B	2.62B	2.17B
Total Assets	1,416B	1,556B	1,703B	1,898B	2,166B
Liabilities
Accounts Payable, Total	7.52B	3.55B	12.13B	5.83B	5.85B
Accrued Expenses, Total	87.6B	66.68B	101B	128B	158B
Short-term Borrowings	-	-	-	-	97.93B
Current Portion of Long-Term Debt	-	-	-	-	-
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	13.99B	58.85M	22.81B	21.78B	46.87B
Unearned Revenue Current, Total	209M	129M	5.88M	865M	864M
Other Current Liabilities	55.09B	47.16B	222B	331B	291B
Total Current Liabilities	164B	118B	358B	487B	600B
Long-Term Debt	-	-	-	-	-
Long-Term Leases	-	-	-	-	-
Unearned Revenue Non Current	-	-	-	-	-
Other Non Current Liabilities	1.8B	4.33B	5.81B	4.41B	3.95B
Total Liabilities	166B	122B	364B	492B	604B
Preferred Stock Non Redeemable	71.9B	71.9B	71.9B	71.9B	71.9B
Total Preferred Equity	71.9B	71.9B	71.9B	71.9B	71.9B
Common Stock, Total	507B	939B	944B	949B	949B
Additional Paid In Capital	43.5B	-	8B	14.65B	14.65B
Retained Earnings	626B	423B	315B	370B	526B
Comprehensive Income and Other	-	-	-	-	-
Total Common Equity	1,177B	1,362B	1,267B	1,334B	1,490B
Total Equity	1,249B	1,434B	1,339B	1,406B	1,562B
Total Liabilities And Equity	1,416B	1,556B	1,703B	1,898B	2,166B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	93.88M	93.88M	94.38M	94.89M	94.89M
ECS Total Common Shares Outstanding	93.88M	93.88M	94.38M	94.89M	94.89M
Book Value / Share	12.54K	14.51K	13.42K	14.06K	15.7K
Tangible Book Value	1,116B	1,301B	1,206B	1,273B	1,429B
Tangible Book Value Per Share	11.89K	13.85K	12.78K	13.42K	15.06K
Total Debt	0	0	0	0	97.93B
Net Debt	-538B	-911B	-1,062B	-1,271B	-1,459B
Account Code - Inventory Valuation	6	6	6	3	3
Buildings, Total	469B	480B	481B	488B	488B
Machinery, Total	392B	397B	397B	446B	450B
Full Time Employees	528	541	508	613	664
Assets under Capital Lease - Gross	-	-	-	-	-
Assets under Capital Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	4.32B	4.32B	4.32B	4.32B	4.32B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	564B	646B	498B	693B	751B
Depreciation & Amortization - CF	53.18B	43.26B	43.45B	44.65B	46.21B
Depreciation & Amortization, Total	53.18B	43.26B	43.45B	44.65B	46.21B
Amortization of Deferred Charges, Total - (CF)	1.26B	481M	309M	132M	96.66M
(Gain) Loss From Sale Of Asset	-34.5B	-58.61B	-86.16B	-	-1.49B
Other Operating Activities, Total	2.87B	-36.99B	-14.7B	-74.06B	-52.45B
Change In Accounts Receivable	-29.31B	25.65B	69.13M	-25.5B	-14.8B
Change In Inventories	17.2M	-	-	157M	25.81M
Change In Accounts Payable	28.2B	-29.69B	14.03B	28.48B	6.16B
Change in Other Net Operating Assets	5.85B	-1.8B	-94.46M	-938M	344M
Cash from Operations	591B	588B	455B	666B	735B
Capital Expenditure	-5.59B	-37.16B	-21.93B	-18.74B	-8.86B
Sale of Property, Plant, and Equipment	-	-	78.3M	-	1.49B
Investment in Marketable and Equity Securities, Total	-	-	-	-	-494B
Net (Increase) Decrease in Loans Originated / Sold - Investing	-324B	-170B	-39B	-55B	-
Other Investing Activities, Total	32.04B	51.15B	70.8B	66.05B	63.47B
Cash from Investing	-298B	-156B	9.95B	-7.69B	-438B
Short Term Debt Issued, Total	-	-	-	-	97.93B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	97.93B
Long-Term Debt Repaid, Total	-	-	-	-	-
Total Debt Repaid	-	-	-	-	-
Issuance of Common Stock	-	-	13B	11.73B	-
Issuance of Preferred Stock	-	-	-	-	-
Common & Preferred Stock Dividends Paid	-271B	-439B	-367B	-515B	-605B
Common & Preferred Stock Dividends Paid	-271B	-439B	-367B	-515B	-605B
Cash from Financing	-271B	-439B	-354B	-503B	-507B
Foreign Exchange Rate Adjustments	-524M	-205M	73.66M	-894M	1.03B
Net Change in Cash	21.83B	-6.57B	112B	154B	-209B
Supplemental Items
Cash Interest Paid	-	-	-	-	311M
Cash Income Tax Paid (Refund)	23.39B	53.01B	58.88B	90.89B	163B
Levered Free Cash Flow	430B	585B	554B	594B	576B
Unlevered Free Cash Flow	430B	585B	554B	594B	576B
Change In Net Working Capital	-22.24B	-178B	-229B	-112B	4.93B
Net Debt Issued / Repaid	-	-	-	-	97.93B

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	28.56	26.97	18.55	25.33	26.76
Return on Total Capital	31.65	29.87	21.81	33.23	35.47
Return On Equity %	49.76	48.17	35.95	50.49	50.62
Return on Common Equity	49.88	48.1	33.27	47.67	47.8
Margin Analysis
Gross Profit Margin %	77.66	82.02	75.95	77.23	78.45
SG&A Margin	9.31	6.69	7.33	6.86	5.75
EBITDA Margin %	74.69	80.42	74.78	74.68	76.56
EBITA Margin %	68.35	75.33	68.62	70.37	72.7
EBIT Margin %	68.35	75.33	68.62	70.37	72.7
Income From Continuing Operations Margin %	67.17	75.93	70.7	66.82	62.76
Net Income Margin %	67.17	75.93	70.7	66.82	62.76
Net Avail. For Common Margin %	63.05	71.76	62.04	59.78	56.39
Normalized Net Income Margin	45.08	51.16	50.42	47.18	49.08
Levered Free Cash Flow Margin	51.19	68.73	78.53	57.33	48.14
Unlevered Free Cash Flow Margin	51.19	68.73	78.53	57.33	48.15
Asset Turnover
Asset Turnover	0.67	0.57	0.43	0.58	0.59
Fixed Assets Turnover	1.94	2.06	1.46	2.25	2.8
Receivables Turnover (Average Receivables)	11.64	11.61	12.01	14.62	12.85
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	5.18	8.51	3.24	2.85	2.82
Quick Ratio	3.86	8.43	3.23	2.83	2.81
Operating Cash Flow to Current Liabilities	3.6	5	1.27	1.37	1.22
Days Sales Outstanding (Average Receivables)	31.35	31.44	30.39	25.04	28.41
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	12.18	13.21	16.89	13.93	8.27
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	-	-	-	-	6.27
Total Debt / Total Capital	-	-	-	-	5.9
LT Debt/Equity	-	-	-	-	-
Long-Term Debt / Total Capital	-	-	-	-	-
Total Liabilities / Total Assets	11.74	7.84	21.39	25.91	27.9
EBIT / Interest Expense	-	-	-	-	2.8K
EBITDA / Interest Expense	-	-	-	-	2.94K
(EBITDA - Capex) / Interest Expense	-	-	-	-	2.92K
Total Debt / EBITDA	-	-	-	-	0.11
Net Debt / EBITDA	-0.86	-1.33	-2.01	-1.64	-1.59
Total Debt / (EBITDA - Capex)	-	-	-	-	0.11
Net Debt / (EBITDA - Capex)	-0.87	-1.41	-2.1	-1.68	-1.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	21.11	1.42	-17.18	47.11	15.41
Gross Profit, 1 Yr. Growth %	21.16	7.12	-23.31	49.6	17.22
EBITDA, 1 Yr. Growth %	18.97	8.98	-23.03	46.82	18.3
EBITA, 1 Yr. Growth %	21.18	11.78	-24.56	50.87	19.22
EBIT, 1 Yr. Growth %	21.18	11.78	-24.56	50.87	19.22
Earnings From Cont. Operations, 1 Yr. Growth %	21.36	14.65	-22.88	39.04	8.41
Net Income, 1 Yr. Growth %	21.36	14.65	-22.88	39.04	8.41
Normalized Net Income, 1 Yr. Growth %	21.23	15.09	-18.38	37.66	20.05
Diluted EPS Before Extra, 1 Yr. Growth %	22.51	15.44	-24.72	41.16	8.63
Accounts Receivable, 1 Yr. Growth %	47.85	-29.51	-6.39	50.01	18.89
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-8.35	-0.32	-2.85	-6.44	-8.23
Total Assets, 1 Yr. Growth %	29.36	9.89	9.48	11.42	14.14
Tangible Book Value, 1 Yr. Growth %	26.65	16.53	-7.27	5.57	12.25
Common Equity, 1 Yr. Growth %	24.75	15.66	-6.97	5.29	11.68
Cash From Operations, 1 Yr. Growth %	17.34	-0.46	-22.64	46.25	10.43
Capital Expenditures, 1 Yr. Growth %	56.27	564.88	-40.99	-14.57	-52.69
Levered Free Cash Flow, 1 Yr. Growth %	54.61	36.18	-5.37	7.39	-3.09
Unlevered Free Cash Flow, 1 Yr. Growth %	54.61	36.18	-5.37	7.39	-3.06
Dividend Per Share, 1 Yr. Growth %	-	-	-16.67	20	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	5.92	10.83	-8.35	10.38	30.3
Gross Profit, 2 Yr. CAGR %	4.66	13.92	-9.36	7.11	32.43
EBITDA, 2 Yr. CAGR %	3.77	13.98	-8.38	6.33	31.8
EBITA, 2 Yr. CAGR %	4.34	16.38	-8.17	6.69	34.12
EBIT, 2 Yr. CAGR %	4.34	16.38	-8.17	6.69	34.12
Earnings From Cont. Operations, 2 Yr. CAGR %	5.94	17.95	-5.97	3.55	22.77
Net Income, 2 Yr. CAGR %	5.94	17.95	-5.97	3.55	22.77
Normalized Net Income, 2 Yr. CAGR %	6.1	18.12	-3.08	6	28.56
Diluted EPS Before Extra, 2 Yr. CAGR %	5.84	18.92	-9.28	3.08	23.83
Accounts Receivable, 2 Yr. CAGR %	21.57	2.09	-18.77	18.5	33.54
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-8.56	-4.42	7.4	-4.66	-7.34
Total Assets, 2 Yr. CAGR %	14.84	19.23	9.68	10.45	12.77
Tangible Book Value, 2 Yr. CAGR %	9.6	21.48	3.95	-1.06	8.86
Common Equity, 2 Yr. CAGR %	12.38	20.12	3.73	-1.03	8.44
Cash From Operations, 2 Yr. CAGR %	2.57	8.07	-12.25	6.37	27.08
Capital Expenditures, 2 Yr. CAGR %	-35.91	222.33	98.08	-29	-36.43
Levered Free Cash Flow, 2 Yr. CAGR %	5.87	45.1	13.52	0.81	2.01
Unlevered Free Cash Flow, 2 Yr. CAGR %	5.78	45.1	13.52	0.81	2.03
Dividend Per Share, 2 Yr. CAGR %	-	17.79	-	0	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	7.5	4.4	0.57	7.31	12.03
Gross Profit, 3 Yr. CAGR %	7.24	5.47	-0.16	7.11	10.38
EBITDA, 3 Yr. CAGR %	6.66	5.55	0.02	7.23	10.19
EBITA, 3 Yr. CAGR %	7.54	6.76	0.72	8.36	10.71
EBIT, 3 Yr. CAGR %	7.54	6.76	0.72	8.36	10.71
Earnings From Cont. Operations, 3 Yr. CAGR %	8.84	8.77	2.38	7.12	5.14
Net Income, 3 Yr. CAGR %	8.84	8.77	2.38	7.12	5.14
Normalized Net Income, 3 Yr. CAGR %	9.07	9.02	4.43	8.95	10.49
Diluted EPS Before Extra, 3 Yr. CAGR %	8.57	8.95	0.28	5.13	4.9
Accounts Receivable, 3 Yr. CAGR %	5.86	1.37	-0.82	-0.34	18.63
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-8.03	-5.89	1.87	2.58	-5.86
Total Assets, 3 Yr. CAGR %	13.4	13.17	15.88	10.26	11.66
Tangible Book Value, 3 Yr. CAGR %	11.38	11.86	11.02	4.49	3.19
Common Equity, 3 Yr. CAGR %	13.14	13.46	10.31	4.25	3.04
Cash From Operations, 3 Yr. CAGR %	11.69	1.55	-3.32	4.04	7.7
Capital Expenditures, 3 Yr. CAGR %	21.09	39.77	83.03	49.66	-37.99
Levered Free Cash Flow, 3 Yr. CAGR %	21.24	15.14	25.83	11.44	-0.51
Unlevered Free Cash Flow, 3 Yr. CAGR %	21.23	15.08	25.83	11.44	-0.5
Dividend Per Share, 3 Yr. CAGR %	-	11.54	4.96	-	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	11.09	7.66	0.86	6.75	11.55
Gross Profit, 5 Yr. CAGR %	12.66	9.04	0.26	6.12	11.78
EBITDA, 5 Yr. CAGR %	12.78	9.08	0.41	5.88	11.7
EBITA, 5 Yr. CAGR %	14.69	10.6	0.95	6.73	12.95
EBIT, 5 Yr. CAGR %	14.69	10.6	0.95	6.73	12.95
Earnings From Cont. Operations, 5 Yr. CAGR %	18.11	13.41	2.65	6.65	10.09
Net Income, 5 Yr. CAGR %	18.11	13.41	2.65	6.65	10.09
Normalized Net Income, 5 Yr. CAGR %	17.05	12.6	4.04	7.8	13.48
Diluted EPS Before Extra, 5 Yr. CAGR %	18	13.14	1.05	5.41	9.11
Accounts Receivable, 5 Yr. CAGR %	11.02	1.97	-4.78	7.91	11.71
Net Property, Plant and Equip., 5 Yr. CAGR %	-7.78	-6.52	-2.14	-2.03	-1.92
Total Assets, 5 Yr. CAGR %	7.92	9.47	11.9	12.07	14.63
Tangible Book Value, 5 Yr. CAGR %	10.04	9.29	8.35	6.5	10.15
Common Equity, 5 Yr. CAGR %	11.04	10.08	9.28	7.43	9.56
Cash From Operations, 5 Yr. CAGR %	14.83	9.45	1.42	3.45	7.85
Capital Expenditures, 5 Yr. CAGR %	-14.82	53.34	47.44	6.6	19.9
Levered Free Cash Flow, 5 Yr. CAGR %	14.79	15.84	18.09	9.18	15.7
Unlevered Free Cash Flow, 5 Yr. CAGR %	13.97	15.6	18.08	9.14	15.71
Dividend Per Share, 5 Yr. CAGR %	-	13.09	5.14	6.77	-