Financials Saigon - Hanoi Securities

Equities

SHS

VN000000SHS3

Investment Banking & Brokerage Services

End-of-day quote HANOI S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
18,300 VND -2.14% Intraday chart for Saigon - Hanoi Securities +5.17% -3.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,349,065 1,595,965 5,181,705 16,458,410 6,830,517 15,368,663
Enterprise Value (EV) 1 1,921,806 1,211,442 4,217,894 16,953,603 2,518,377 10,376,600
P/E ratio 3.73 x 5.67 x 6.85 x 8.73 x 35.2 x 27.5 x
Yield - - 4.8% - - -
Capitalization / Revenue 1.3 x 1.9 x 3.23 x 6.02 x 4.98 x 11.1 x
EV / Revenue 1.85 x 1.44 x 2.63 x 6.2 x 1.84 x 7.46 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.72 x 0.59 x 1.61 x 2.72 x 0.72 x 1.5 x
Nbr of stocks (in thousands) 172,915 272,040 272,040 406,581 813,157 813,157
Reference price 2 7,802 5,867 19,048 40,480 8,400 18,900
Announcement Date 4/3/19 4/1/20 4/9/21 4/1/22 4/16/24 4/16/24
1VND in Million2VND
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,038,060 840,423 1,604,853 2,733,117 1,371,408 1,390,375
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 410,688 312,039 938,895 1,752,918 197,288 684,173
Net income 1 358,081 254,638 754,312 1,396,286 162,216 559,293
Net margin 34.5% 30.3% 47% 51.09% 11.83% 40.23%
EPS 2 2,092 1,036 2,780 4,636 238.4 687.8
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - 914.3 - - -
Announcement Date 4/3/19 4/1/20 4/9/21 4/1/22 4/16/24 4/16/24
1VND in Million2VND
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 572,741 - - 495,193 - -
Net Cash position 1 - 384,523 963,811 - 4,312,140 4,992,062
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 21.5% 11.2% 25.5% 30.1% 2.09% 5.68%
ROA (Net income/ Total Assets) 7.95% 4.65% 11.6% 15.7% 1.49% 5%
Assets 1 4,501,728 5,470,915 6,501,232 8,920,356 10,905,281 11,178,490
Book Value Per Share 2 10,787 9,897 11,860 14,894 11,604 12,622
Cash Flow per Share 2 4,851 3,869 2,401 1,604 1,279 1,048
Capex 1 1,431 2,514 1,360 12,309 8,758 11,740
Capex / Sales 0.14% 0.3% 0.08% 0.45% 0.64% 0.84%
Announcement Date 4/3/19 4/1/20 4/9/21 4/1/22 4/16/24 4/16/24
1VND in Million2VND
Estimates
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