Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-17.76%
0%
-17.76%
6 Months
-27.99%
0%
-27.99%
1 Year
-6.58%
0%
-6.58%
2 Years
130.37%
0%
130.37%
3 Years
147.19%
0%
147.19%
4 Years
35.38%
0%
35.38%
5 Years
0%
0%
0.0%
Vietnam National Shipping Lines for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
7.31%
EBIT Growth (5y)
123.12%
EBIT to Interest (avg)
2.12
Debt to EBITDA (avg)
1.04
Net Debt to Equity (avg)
-0.44
Sales to Capital Employed (avg)
0.80
Tax Ratio
12.36%
Dividend Payout Ratio
4.03%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
20.90%
ROE (avg)
16.67%
Valuation key factors
Factor
Value
P/E Ratio
Industry P/E
Price to Book Value
NA
EV to EBIT
-1.94
EV to EBITDA
-1.26
EV to Capital Employed
-0.79
EV to Sales
-0.36
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
27.29%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
No Trend
No Trend
OBV
Mildly Bearish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Annual Results Snapshot (Consolidated) - Dec'23
Dec'23
Dec'22
Change(%)
Net Sales
12,815,019.50
14,342,999.00
-10.65%
Operating Profit (PBDIT) excl Other Income
2,536,551.40
3,809,825.60
-33.42%
Interest
202,740.70
377,194.30
-46.25%
Exceptional Items
189,124.00
154,937.60
22.06%
Consolidate Net Profit
1,701,819.10
2,540,477.80
-33.01%
Operating Profit Margin (Excl OI)
95.20%
174.00%
-7.88%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2023 is -10.65% vs 8.11% in Dec 2022
Consolidated Net Profit
YoY Growth in year ended Dec 2023 is -33.01% vs -20.34% in Dec 2022
About Vietnam National Shipping Lines 
Vietnam National Shipping Lines
Transport Services
Vietnam Maritime Corp, formerly Vietnam National Shipping Lines, is a Vietnam based company operating in the marine freight and logistics industry. The Company is engaged in the provision of deep sea freight and inland water freight transportation services, as well as port and harbor operations. It provides warehousing services, cargo handling services, vehicles repair services, tugboat services, crew supply as well as labor export. In addition, the Company is involved in the offering of multimodal transportation services, logistics and freight forwarding services and other support for marine transportation activities, such as supply of marine equipment, materials, food and water. Other activities include real estate leasing and hotel operations.
Company Coordinates 
Company Details
Toa nha Ocean Park, So 1 Dao Duy Anh, Phuong Mai, Dong Da HANOI None : None
Registrar Details






