Saigon Real Estate JSC Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'24

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Net Sales

1,51,466.35

99,164.95

6,54,437.53

1,72,807.23

76,647.00

1,21,322.99

3,76,436.17

Other Operating Income

0.00

Total Operating income

1,51,466.35

99,164.95

6,54,437.53

1,72,807.23

76,647.00

1,21,322.99

3,76,436.17

Raw Material Cost

76,854.24

52,633.92

3,19,659.45

53,399.77

44,038.99

71,551.15

2,84,250.14

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

35,864.46

30,130.71

26,141.59

23,273.71

18,949.68

10,123.60

21,636.53

Selling and Distribution Expenses

54,585.68

34,760.22

1,07,441.36

36,215.06

39,284.98

42,993.20

42,259.38

Other Expenses

-3,586.45

-3,013.07

-2,614.16

-2,327.37

-1,894.97

-1,012.36

-2,163.65

Total Expenditure (Excl Depreciation)

1,31,439.92

87,394.14

4,27,100.81

89,614.83

83,323.97

1,14,544.35

3,26,509.52

Operating Profit (PBDIT) excl Other Income

20026.4

11770.8

227336.69999999998

83192.4

-6677

6778.6

49926.7

Other Income

1,23,653.25

1,15,359.29

61,746.79

6,219.59

1,51,741.16

1,19,453.76

1,35,592.77

Operating Profit (PBDIT)

1,48,441.24

1,31,581.55

2,93,256.01

93,456.81

1,49,603.78

1,32,216.62

1,91,347.15

Interest

35,864.46

30,130.71

26,141.59

23,273.71

18,949.68

10,123.60

21,636.53

Exceptional Items

0.00

31,500.00

0.00

Gross Profit (PBDT)

74,612.10

46,531.03

3,34,778.08

1,19,407.46

32,608.01

49,771.84

92,186.03

Depreciation

4,761.56

4,633.56

4,311.57

4,111.88

4,736.36

5,984.21

5,827.73

Profit Before Tax

1,07,815.22

1,28,317.28

2,62,802.84

66,071.22

1,25,917.74

1,16,108.81

1,63,882.89

Tax

24,277.10

25,243.23

46,826.67

19,363.24

24,136.81

26,074.81

35,053.93

Provisions and contingencies

0.00

Profit After Tax

82,618.26

1,02,016.66

2,15,379.39

34,815.70

1,01,864.50

89,050.91

1,26,115.50

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

82,618.26

1,02,016.66

2,15,379.39

34,815.70

1,01,864.50

89,050.91

1,26,115.50

Share in Profit of Associates

0.00

Minority Interest

919.85

1,057.39

596.77

11,892.29

-83.57

983.09

2,713.46

Other related items

0.00

Consolidated Net Profit

83,538.12

1,03,074.05

2,15,976.17

46,707.99

1,01,780.93

90,034.00

1,28,828.96

Equity Capital

0.00

Face Value

10000.0

Reserves

9,62,648.79

8,83,164.20

8,42,778.00

6,61,747.00

7,24,801.05

6,72,306.11

6,51,828.30

Earnings per share (EPS)

1376.97

1700.28

3589.66

580.26

1697.74

1484.18

2101.93

Diluted Earnings per share

1376.97

1700.28

3589.66

580.26

1697.74

1484.18

2101.93

Operating Profit Margin (Excl OI)

13.22%

11.69%

34.72%

48.1%

-8.97%

5.59%

13.26%

Gross Profit Margin

74.32%

134.07%

40.82%

40.61%

170.46%

100.63%

45.08%

PAT Margin

54.55%

102.88%

32.91%

20.15%

132.9%

73.4%

33.5%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2024 is 52.74% vs -84.85% in Dec 2023

Consolidate Net Profit

YoY Growth in year ended Dec 2024 is -18.95% vs -52.28% in Dec 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2024 is 52.80% vs -92.99% in Dec 2023

Interest

YoY Growth in year ended Dec 2024 is 19.03% vs 15.26% in Dec 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2024 has improved from Dec 2023

Compare Annual Results Of Saigon Real Estate JSC With

Select Peers

Figures in Million

Consolidate Annual Results

Change(VND)

Change(%)

Net Sales

1,51,466.35

1,23,961.56

27,504.79

22.19%

Other Operating Income

0.00

Total Operating income

1,51,466.35

1,23,961.56

27,504.79

22.19%

Raw Material Cost

76,854.24

48,642.36

28,211.88

58.00%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

5,604.84

-5,604.84

-100.00%

Power Cost

0.00

Manufacturing Expenses

35,864.46

47,358.19

-11,493.73

-24.27%

Selling and Distribution Expenses

54,585.68

19,506.95

35,078.73

179.83%

Other Expenses

-3,586.45

-5,296.30

1,709.85

32.28%

Total Expenditure (Excl Depreciation)

1,31,439.92

68,149.31

63,290.61

92.87%

Operating Profit (PBDIT) excl Other Income

20,026.43

55,812.25

-35,785.82

-64.12%

Other Income

1,23,653.25

147.23

1,23,506.02

83,886.45%

Operating Profit (PBDIT)

1,48,441.24

56,870.12

91,571.12

161.02%

Interest

35,864.46

47,358.19

-11,493.73

-24.27%

Exceptional Items

0.00

Gross Profit (PBDT)

74,612.10

75,319.20

-707.10

-0.94%

Depreciation

4,761.56

1,079.63

3,681.93

341.04%

Profit Before Tax

1,07,815.22

8,432.31

99,382.91

1,178.60%

Tax

24,277.10

7,822.11

16,454.99

210.37%

Provisions and contingencies

0.00

Profit After Tax

82,618.26

611.22

82,007.04

13,416.94%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

82,618.26

611.22

82,007.04

13,416.94%

Share in Profit of Associates

0.00

Minority Interest

919.85

-1.03

920.88

89,405.83%

Other related items

0.00

Consolidated Net Profit

83,538.12

610.19

82,927.93

13,590.51%

Equity Capital

0.00

Face Value

10,000.00

0.00

Reserves

9,62,648.79

7,41,934.06

2,20,714.73

29.75%

Earnings per share (EPS)

1,376.97

8.65

1,368.32

15,818.73%

Diluted Earnings per share

1,376.97

8.65

1,368.32

15,818.73%

Operating Profit Margin (Excl OI)

13.22%

44.89%

0.00

-31.67%

Gross Profit Margin

74.32%

7.67%

0.00

66.65%

PAT Margin

54.55%

0.49%

0.00

54.06%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 15,146.63 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 52.74% vs -84.85% in Dec 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 8,353.81 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is -18.95% vs -52.28% in Dec 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 2,478.80 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 52.80% vs -92.99% in Dec 2023

Annual - Interest

Interest 3,586.45 Million

in Dec 2024

Figures in Million

YoY Growth in year ended Dec 2024 is 19.03% vs 15.26% in Dec 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 13.22%

in Dec 2024

Figures in %

YoY Growth in year ended Dec 2024 has improved from Dec 2023