VSC.VN Vietnam Container Shipping JSC
- Market cap
- VND 5.11T
- P/E
- 15.0x
- P/B
- 0.94x
- ROE
- 7.1%
- Dividend yield
- 5.03%
- Fundamental score
- 2.0/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is VSC.VN undervalued?
Graham numberVSC.VN trades 20.8% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Vietnam Container Shipping JSC fundamental analysis
9 of 22 checks passedROE 0/2
Low return on equity (7.1%), below 10%.
ROA 0/1
Return on assets (2.7%) is below the industry median (10.2%).
Profit Consistency 2/2
Profitable for 7 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-2.9%) is not above the 5-year average (-16.5% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-2.9%) is below the industry median (-1.1%).
Revenue Growth 2/2
Revenue grew 16.9% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 1/2
Moderate debt to equity (71.7%), up to 100%.
Debt Trend 0/1
Debt to equity history is shorter than 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 2.4x against interest expense, below 5x.
PE vs Market 0/1
PE (15.5x) is above the market median (11.2x).
PE vs Industry 0/1
PE (15.5x) is above the industry median (10.7x).
PBV 1/1
Price to book (1.0x) is below the industry median (1.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 15.1, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (5.0%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 75.5%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Vietnam Container Shipping JSC stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Vietnam Container Shipping JSC
Vietnam Container Shipping Joint Stock Corporation, together with its subsidiaries, engages in port services activities in Vietnam. The company offers container handling, cold running, inspection and quarantine, storage, and other transportation services. It also operates container ports and deports, and warehouse systems; and offers Road container transportation and logistics services, as well as acts as a shipping and forwarding agency. Vietnam Container Shipping Joint Sto…
Full company profileVietnam Container Shipping JSC financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Vietnam Container Shipping JSC annual financial statements (VND; K = thousand, M = million, B = billion, T = trillion)
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||
| Revenue | 1.79T | 1.69T | 1.89T | 2.01T | 2.18T | 2.79T | 3.21T | 3.44T |
| Gross Profit | 396B | 403B | 552B | 593B | 654B | 843B | 1.14T | 1.41T |
| Operating Income | 340B | 320B | 478B | 474B | 428B | 504B | 690B | 1.01T |
| EBITDA | 590B | 569B | 685B | 683B | 629B | 946B | 1.34T | 1.70T |
| Net Income | 234B | 240B | 350B | 314B | 124B | 336B | 341B | 398B |
| EPS | 2,196 | 2,249 | 2,891 | 2,592 | 627 | 938 | 911 | 1,064 |
| Balance Sheet | ||||||||
| Total Assets | 2.39T | 2.46T | 3.27T | 4.37T | 5.19T | 7.80T | 13.0T | 14.9T |
| Total Liabilities | 323B | 287B | 270B | 1.17T | 1.90T | 2.90T | 6.58T | 7.59T |
| Shareholders' Equity | 1.73T | 1.80T | 2.62T | 2.79T | 2.88T | 4.52T | 5.41T | 5.59T |
| Cash & Short-term Investments | 297B | 493B | 1.01T | 360B | 371B | 547B | 916B | 762B |
| Cash Flow | ||||||||
| Operating Cash Flow | 446B | 529B | 645B | 472B | 642B | 13.8B | 628B | 70.5B |
| Capital Expenditure | 102B | 95.1B | 92.3B | 138B | 5.38B | 14.8B | 1.07T | 2.81T |
| Free Cash Flow | 343B | 434B | 552B | 334B | 637B | -990M | -444B | -2.57T |
| Ratios | ||||||||
| ROE | 13.5% | 13.3% | 13.3% | 11.3% | 4.3% | 7.4% | 6.3% | 7.1% |
| ROA | 9.8% | 9.8% | 10.7% | 7.2% | 2.4% | 4.3% | 2.6% | 2.7% |
| Net Profit Margin | 13.1% | 14.2% | 18.5% | 15.7% | 5.7% | 12.1% | 10.6% | 11.6% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Vietnam Container Shipping JSC dividends
- Dividend yield
- 5.03%
- Forward dividend
- -
- Payout ratio
- 75.5%
- Ex-dividend date
- Jun 12, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | VND 257B | 687 | 75.5% |
| 2024 | VND 136B | 380 | 40.5% |
| 2023 | VND 70.4B | 357 | 56.9% |
| 2022 | VND 164B | 1,356 | 52.3% |
| 2021 | VND 112B | 926 | 32.0% |
| 2020 | VND 171B | 1,605 | 71.4% |
| 2019 | VND 119B | 1,118 | 50.9% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 12566:10000 on Jun 2, 2025.
Who owns Vietnam Container Shipping JSC
- Insiders 0.74%
- Institutions 7.25%
- Public & others 92.01%
- Shares outstanding 374M
- Free float 270M
Vietnam Container Shipping JSC company profile
- Company name
- Vietnam Container Shipping JSC
- Ticker
- VSC.VN
- ISIN
- VN000000VSC8
- Exchange
- Vietnam Stocks
- Sector
- Industrials
- Industry
- Marine Shipping
- Employees
- 1,263
- Fiscal year end
- December
- Address
- No. 11, Vo Thi Sau Street, Hai Phong, Vietnam
- Phone
- 84 225 3836 705
- Website
- viconship.com
About Vietnam Container Shipping JSC
Vietnam Container Shipping Joint Stock Corporation, together with its subsidiaries, engages in port services activities in Vietnam. The company offers container handling, cold running, inspection and quarantine, storage, and other transportation services. It also operates container ports and deports, and warehouse systems; and offers Road container transportation and logistics services, as well as acts as a shipping and forwarding agency. Vietnam Container Shipping Joint Stock Corporation was formerly known as North Vietnam Container Shipping Company and changed its name to Vietnam Container Shipping Joint Stock Corporation in July 2013. The company was founded in 1985 and is based in Hai Phong, Vietnam.
Vietnam Container Shipping JSC management
5- Mr. Thong Cong TaGeneral Director, Member of Board of Management & Director
- Ms. Thu Anh TruongCFO, Deputy General Director & Member of Board of Management
- Mr. Lam Ngoc VuDeputy General Director & Member of Board of Management
- Mr. Thanh Duc NguyenDeputy General Director & Member of Board of Management
- Mr. Tuan Thanh PhamChief Accountant