PAN Group Joint Stock Company

PAN Group Joint Stock Company

HHOSE:PAN
18,300.00
VND
-600.00
(-3.17%)
5.74TMarket Cap
Dec 02Next Earn
PAN Group Joint Stock Company
HOSE:PAN
(Ho Chi Minh Stock Exchange)

Recent

price

18,300.00

P/E

ratio

- -

div

yld

6.97%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
5,430.17
6,206.11
6,979.71
9,315
9,474.68
14,703.96
12,620.44
18,465.75
21,148.19
31,422.73
32,832.7
36,894.87
54,473.62
52,676.43
64,552.57
70,155.83
- -
Revenue per Share
539.13
334.33
1,990.89
-30.39
846.93
1,194.7
1,177.94
1,687.01
903.38
1,035.11
742.26
1,186.49
1,491.85
1,619.32
2,429.01
2,683.43
- -
Basic EPS, GAAP
-13.41
-791.5
1,270.12
2,206.16
92.92
-316.83
290.58
-946.65
1,315.56
-3,352.32
-1,851.24
-8,053.3
1,488.8
-18,390.15
-8,228.24
35,409.35
23,986.82
Free Cash Flow per Basic Share
- -
407.77
543.58
265.6
751.9
719.12
- -
130.82
146.3
199.33
228.6
739.88
599.52
695.95
1,278.01
1,289.94
1,274.83
Dividend per Share
10,070.55
6,540.9
7,681.22
7,021.51
8,036.89
9,721.22
10,507.84
14,157.26
14,470.88
14,593.45
14,925.06
16,467.24
17,920.21
19,098
20,225.44
21,311.36
21,393.13
Book Value per Share
9,778.87
6,381.17
7,565.57
6,514.42
5,523.43
5,965.79
7,032.63
5,889.05
5,458.54
5,945.19
6,851.84
7,626.1
9,960.49
10,259.77
11,833.63
12,739.44
15,066.64
Tangible Book Value per Share
37
39
41
66
118
180
218
221
370
249
254
251
251
251
251
251
251
Basic Weighted Avg Shares
201,674
240,853
283,709
617,589
1,121,777
2,649,592
2,753,366
4,074,940
7,828,588
7,812,755
8,329,251
9,248,572
13,655,103
13,204,597
16,181,632
17,586,221
- -
Sales/Revenue/Turnover
5.28
5.84
5.45
9.48
10.69
10.66
9.94
7.33
5.59
6.86
4.04
4.88
6.85
7.6
7.51
7.4
- -
Operating Margin (%)
4,090
4,130
5,388
14,763
30,467
79,965
100,232
142,352
311,182
318,692
389,501
392,750
429,326
499,991
522,007
504,081
424,159
Depreciation Expense
20,023
12,975
80,925
-2,015
100,274
215,281
256,987
372,282
334,410
257,363
188,301
297,422
373,969
405,921
608,889
672,665
- -
Net Income, GAAP
22.83
26.87
8.1
49.27
12.72
13.06
12.66
7.6
10.91
12.34
15.74
8.88
14.81
14.53
13.75
14.59
- -
Effective Tax Rate (%)
9.93
5.39
28.52
-0.33
8.94
8.13
9.33
9.14
4.27
3.29
2.26
3.22
2.74
3.07
3.76
3.82
- -
Profit Margin (%)
210,209
210,430
152,821
560,503
771,171
1,197,911
1,257,234
1,639,319
3,395,323
2,623,125
2,529,598
4,066,211
2,302,284
3,415,102
3,891,170
4,565,967
5,784,896
Working Capital
258
- -
- -
- -
- -
57,888
12,207
236,161
1,397,885
1,275,250
1,258,250
1,152,068
4,215
602,733
206,653
459,546
340,117
LT Debt
260,468
255,449
328,190
706,186
1,721,046
2,717,025
2,922,676
4,277,459
5,972,264
6,145,572
6,173,154
7,934,741
7,878,384
8,343,448
8,859,451
9,077,320
9,116,552
Total Equity
8.71
4.82
10.69
6.61
10.73
11.78
9.94
11.68
8.32
5.18
3.56
4.44
5.48
5.35
6.14
6.95
- -
Return on Invested Capital (%)
9.23
5.06
27.58
-3.84
3.14
4.94
5.95
6.17
2.92
2.44
2.8
2.46
1.24
2.84
1.88
3.15
- -
Return on Capital (%)
8.7
5.06
27.9
-0.48
11.57
12.93
11.59
14.79
10.44
6.88
5
7.56
8.68
8.75
12.35
12.92
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,237,082
2,410,851
3,888,196
LT Borrowings
454,034
344,097
340,117
LT Finance Leases
5,512
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
251
251
251
Market Capitalization
5,702,827
6,621,964
5,740,416

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
10,261,027
11,248,414
12,744,463
Cash, Cash Equivalents & STI
4,854,242
5,829,941
6,174,148
Accounts Receivable, Net
1,647,891
1,497,605
1,773,117
Inventories
3,268,419
3,443,364
4,398,982
Total Current Liabilities
5,695,059
4,966,876
6,959,567
Payables & Accruals
- -
- -
- -
ST Debt
3,237,082
2,410,851
3,888,196
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.93%
8.47%
2.46%
Free Cash Flow
-299.8%
-341.89%
-530.34%
Net Income, GAAP
15.69%
30.54%
10.47%
Sales/Revenue/Turnover
23.71%
17.32%
8.68%
Total Cash Common Dividend
- -
60.3%
0.93%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,461,657
3,378,075
5,083,891
4,266,659
16,181,632
2025
4,119,498
4,027,203
- -
4,303,331
17,586,221
2026
3,767,232
3,619,553
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
333.45
340
775
922.5
2,429.01
2025
429.53
666
- -
1,074.17
2,683.43
2026
2,334.55
839.53
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
113.49
433.8
234.24
505.48
1,278.01
2025
27.89
853.93
762.7
-211.4
1,289.94
2026
28.48
695.37
- -
- -
- -
Business
PAN Group Joint Stock Company is a Vietnam-based agrifood holding company engaged in the agriculture, aquaculture and seafood processing, and packaged food manufacturing and distribution sectors. Founded in 1998 and headquartered in Long An Province, Vietnam, the company operates an integrated value chain that encompasses upstream agricultural inputs, midstream aquaculture and farming, and downstream consumer food processing and distribution. The company operates through three principal business segments: Agriculture, Seafood, and Packaged Foods. The Agriculture segment, primarily operated through subsidiaries including Vietnam National Seed Group (Vinaseed) and Vietnam Fumigation Joint Stock Company (VFC), provides certified high-yield hybrid rice, corn, and vegetable seeds; chemical and biological crop protection products; pest management, disinfection, and agricultural fumigation services; and grain and seed processing solutions. The Seafood segment, operated through subsidiaries including Sao Ta Foods Joint Stock Company (Fimex VN) and Aquatex Ben Tre, specializes in the farming, processing, and export of frozen and value-added black tiger shrimp, whiteleg shrimp, tempura and sushi shrimp, pangasius fillets, and clam products. The Packaged Foods segment, operated through subsidiaries including Bibica Corporation, Long An Food Processing Export Joint Stock Company (Lafooco), 584 Nha Trang Seafood Joint Stock Company, and Shin Cà Phê, manufactures and distributes confectionery, biscuits, cookies, chocolates, and seasonal mooncakes under the Bibica brand; premium organic, roasted, and flavored cashew nuts and dried fruits under the Lafooco brand; traditional anchovy fish sauce under the 584 Nha Trang brand; and specialty roasted and ground coffee under the Shin Cà Phê brand. PAN Group serves domestic consumers and agricultural producers across Vietnam through nationwide retail, wholesale, and agricultural dealer distribution networks. The company also exports its seafood, cashew, rice, and processed food products to more than 40 international markets across North America, the European Union, Japan, South Korea, Australia, and the Middle East, catering to international supermarket chains, food service providers, and institutional buyers. In recent developments, PAN Group has focused on operational expansion, supply chain consolidation, and sustainability-driven agribusiness initiatives. The company expanded its aquaculture and processing capacities through Sao Ta Foods, operationalizing modern shrimp processing factories and expanding certified farming acreage to satisfy stringent quality standards in key export destinations including Japan and the United States. In the agricultural division, subsidiary VFC strengthened its strategic partnership with Syngenta to distribute advanced crop protection technologies across Vietnam. Additionally, the group launched low-carbon and sustainable agriculture projects, including greenhouse gas reduction programs in Mekong Delta rice farming, international ASC and BAP certifications for aquaculture zones, and expanded organic certification for cashew processing lines. The company has also finalized ownership consolidation across core food and confectionery subsidiaries to realize greater operational efficiencies across its integrated supply chain.