Sao Ta Foods Joint Stock Company

Sao Ta Foods Joint Stock Company

HHOSE:FMC
36,350.00
VND
+250.00
(+0.69%)
2.34TMarket Cap
Dec 02Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
90,700.71
83,371.66
90,025.63
91,060.94
87,194.69
77,802.1
105,715.57
125,178.01
- -
Basic EPS, GAAP
4,300.65
5,164.13
4,607.35
4,677.1
4,725.93
4,221.93
4,675.11
5,332.11
- -
Free Cash Flow per Basic Share
6,846.69
9,037.07
-589.58
-1,742.54
-53.23
-162.14
7,453.75
7,052.06
39,963.93
Dividend per Share
1,393.87
1,806.96
2,500
1,717.99
2,000
2,181.56
2,311.2
2,518.7
- -
Book Value per Share
15,622.25
18,077.73
20,819.73
27,251.64
29,423.08
31,025.72
33,150.9
35,672.59
35,737.87
Tangible Book Value per Share
15,571.8
18,037.58
20,805.82
27,238.32
25,908.02
27,555.93
29,760.51
31,458.03
31,582.88
Basic Weighted Avg Shares
42
44
49
57
65
65
65
65
65
Sales/Revenue/Turnover
3,806,660
3,709,591
4,415,217
5,199,105
5,701,564
5,087,393
6,912,623
8,185,251
- -
Operating Margin (%)
5.69
6.4
5.11
5.1
5.38
5.74
5.25
3.94
- -
Depreciation Expense
61,518
67,260
76,882
83,201
89,430
154,279
183,806
180,714
- -
Net Income, GAAP
180,496
229,776
225,963
267,038
309,023
276,067
305,701
348,661
- -
Effective Tax Rate (%)
6.97
2.63
4.47
0.65
2.25
0.74
- -
6.08
- -
Profit Margin (%)
4.74
6.19
5.12
5.14
5.42
5.43
4.42
4.26
- -
Working Capital
388,438
526,333
601,358
1,437,026
1,014,444
1,015,329
1,344,000
1,596,752
1,700,055
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
688,939
938,758
1,081,147
1,976,755
2,116,062
2,234,141
2,465,903
2,614,650
2,637,362
Return on Invested Capital (%)
- -
17.95
16.16
14.28
12.39
10.4
- -
9.61
- -
Return on Capital (%)
- -
19.7
17.47
13.35
12.5
9.76
- -
9.56
- -
Return on Common Equity (%)
- -
28.23
22.37
18.65
16.68
13.97
14.57
15.5
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,527,741
987,714
1,956,168
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
65
65
65
Market Capitalization
2,301,689
2,514,203
2,337,653

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,806,037
3,505,277
4,513,502
Cash, Cash Equivalents & STI
2,215,139
1,939,443
2,418,089
Accounts Receivable, Net
534,216
438,297
510,541
Inventories
884,713
976,852
1,392,897
Total Current Liabilities
2,209,285
1,783,090
2,813,447
Payables & Accruals
- -
- -
- -
ST Debt
1,527,741
987,714
1,956,168
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
22.37%
6.03%
Free Cash Flow
- -
-870.06%
-5.39%
Net Income, GAAP
- -
9.6%
14.05%
Sales/Revenue/Turnover
- -
14.19%
18.41%
Total Cash Common Dividend
- -
7.47%
8.98%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,460,715
1,242,799
2,845,079
1,364,031
6,912,623
2025
1,990,041
1,876,442
- -
1,555,535
8,185,251
2026
1,398,523
1,674,536
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
760.04
838
1,007
1,654
4,675.11
2025
452.92
1,043
- -
2,423
5,332.11
2026
624.76
2,368
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2,311.2
2025
- -
- -
- -
- -
2,518.7
2026
- -
- -
- -
- -
- -

Company Description

CEO
Viet Hoang Pham
Full Time Employees
5,323
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Soc Trang Vietnam
IPO Date
Dec 7, 2006
Business
Sao Ta Foods Joint Stock Company (Fimex VN) is a Vietnam-based agribusiness and seafood enterprise primarily engaged in the aquaculture, processing, and export of frozen shrimp and value-added agricultural products. The company operates through two principal business segments: Seafood Processing and Agricultural Products. Its seafood portfolio comprises raw frozen shrimp, including head-on shell-on (HOSO), headless shell-on (HLSO), peeled tail-on (PTO), and peeled deveined (PND) black tiger and whiteleg shrimp; value-added and ready-to-cook shrimp products, including Nobashi stretched shrimp, sushi ebi, breaded shrimp, tempura shrimp, marinated shrimp skewers, and pre-cooked cocktail shrimp; and custom-packed IQF and block-frozen seafood assortments. Its agricultural line consists of processed and frozen vegetables, including vegetable tempura mixes (kakiage), sweet potatoes, okra, eggplant, edamame, and assorted seasoned vegetable preparations. Sao Ta Foods serves commercial food wholesalers, retail supermarket chains, and food service operators across key export markets, including Japan, the United States, the European Union, the United Kingdom, South Korea, Canada, and Australia. Founded in 1995, commenced operations in 1996, and headquartered in Soc Trang Province, Vietnam, the company operates as a key consolidated subsidiary of The PAN Group and maintains a strategic equity partnership with C.P. Vietnam Corporation. The company conducts its manufacturing and farming operations through multiple specialized units and subsidiaries, including the Sao Ta Seafood Enterprise, Tin An Seafood Factory, Nam An Seafood Factory, An San Foods Factory, and Khang An Food Joint Stock Company. In recent developments, Sao Ta Foods expanded its upstream aquaculture operations by bringing the 203-hectare Vinfarm farming project into full production, increasing its aggregate farming footprint to over 530 hectares and achieving approximately 30 percent self-sufficiency in raw shrimp supply. The company has implemented multi-stage, biosecure farming models and off-season stocking programs to mitigate weather-related yield fluctuations, while advancing ASC and BAP sustainability certifications across its farming zones. Additionally, Sao Ta Foods has intensified its strategic focus on high-margin, deeply processed convenience foods, expanded specialized processing line capacities across its facilities, and deepened operational synergies with C.P. Vietnam to optimize post-larvae seed stock selection, feed quality, and overall supply chain traceability.