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Petrovietnam General Services Corporation

Petrovietnam General Services Corporation

HHOSE:PET
53,400.00
VND
+3,450.00
(+6.91%)
6.04TMarket Cap
Dec 02Next Earn
Petrovietnam General Services Corporation
HOSE:PET
(Ho Chi Minh Stock Exchange)

Recent

price

53,400.00

P/E

ratio

- -

div

yld

0.77%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
VND
71,468.03
71,468.03
70,756.21
79,675.85
94,952.31
76,393.98
65,775.24
70,772.37
73,982.59
67,416.42
92,180.76
117,744.08
111,825.29
109,750.28
121,389.1
139,055.49
- -
Revenue per Share
1,976.3
1,976.3
1,308.72
1,096.3
1,580.29
1,173.83
903.5
868.6
754.24
822.26
940.44
1,771.98
703.91
710.25
953.98
1,645.41
- -
Basic EPS, GAAP
2,306
2,306
2,524.96
-5,022.47
2,724.93
1,856.47
-1,934.01
-207.28
1,237.41
1,817.96
-387.69
429.95
-1,325.44
-2,074.57
2,318.41
-9,128.7
-14,252.97
Free Cash Flow per Basic Share
770.71
770.71
866.15
1,074.94
400.83
832.14
886.66
743.78
801.36
763.21
623.74
731.36
192.57
54.25
294.47
112.92
410.53
Dividend per Share
8,467.06
8,563.78
8,768.63
8,497.92
9,313.99
9,580.67
9,678.53
9,896.97
9,951.39
10,182.63
10,572.52
11,576.61
12,332.99
12,921.71
13,825.09
15,393.49
15,868.19
Book Value per Share
7,643.21
7,730.52
7,924.7
7,788.19
8,608.67
8,879.76
8,895.32
9,125.81
9,178.47
9,368.31
9,751.19
10,439.49
11,186.13
11,808.44
12,753.46
14,337.79
14,820.3
Tangible Book Value per Share
144
144
144
145
122
139
150
151
150
148
146
149
157
157
157
157
157
Basic Weighted Avg Shares
10,320,670
10,320,670
10,153,800
11,516,472
11,581,264
10,652,450
9,882,059
10,703,258
11,091,976
10,008,489
13,453,249
17,598,238
17,543,323
17,217,791
19,043,708
21,815,238
- -
Sales/Revenue/Turnover
5.18
5.18
3.36
2.74
3.23
2.99
2.47
2.28
1.79
1.35
1.75
2.17
2.76
1.12
1.44
1.34
- -
Operating Margin (%)
32,803
32,803
33,925
30,903
26,742
30,603
46,977
82,647
68,270
66,293
64,236
62,312
66,492
69,029
73,056
71,171
72,528
Depreciation Expense
285,397
285,397
187,806
158,460
192,747
172,905
143,682
131,363
113,081
122,071
137,252
264,844
110,430
111,425
149,662
258,134
- -
Net Income, GAAP
28.01
28.01
30.51
29.95
24.15
22.71
21.13
28.96
28.8
31.23
32.27
25.01
21.44
23.81
22.37
22.51
- -
Effective Tax Rate (%)
2.77
2.77
1.85
1.38
1.66
1.62
1.45
1.23
1.02
1.22
1.02
1.5
0.63
0.65
0.79
1.18
- -
Profit Margin (%)
575,077
575,077
763,866
840,496
1,081,413
1,165,921
579,169
687,054
773,593
709,657
701,535
782,196
895,713
1,018,455
1,221,668
1,601,967
1,792,059
Working Capital
45,675
45,675
- -
- -
- -
- -
251,304
278,882
279,910
254,765
207,246
95,462
76,092
10,870
- -
- -
- -
LT Debt
1,285,720
1,285,720
1,330,409
1,368,586
1,499,230
1,574,367
1,644,459
1,660,581
1,620,410
1,640,318
1,663,166
1,939,728
2,062,411
2,186,260
2,338,250
2,658,539
2,828,221
Total Equity
7.77
8.17
6.84
5.3
4.94
5.51
4.31
3.43
3.27
2.04
3.53
5.97
2.99
2.06
3.03
3.95
- -
Return on Invested Capital (%)
13.75
14.37
8.58
5.41
5.58
5.47
4.83
4.75
4.35
4.89
4.93
5.73
2.94
5.12
2.75
4.51
- -
Return on Capital (%)
24.65
23.54
15.31
12.81
14.91
11.83
9.43
8.87
7.6
8.17
8.99
15.77
5.89
5.62
7.13
11.26
- -
Return on Common Equity (%)

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
7,055,166
7,222,314
6,805,200
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
157
157
157
Market Capitalization
3,775,976
5,485,444
6,037,234

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
12,329,729
12,426,438
12,860,330
Cash, Cash Equivalents & STI
5,750,269
5,116,574
4,623,662
Accounts Receivable, Net
3,635,793
3,946,837
4,612,692
Inventories
1,630,744
1,462,078
1,976,773
Total Current Liabilities
10,727,762
10,745,295
11,068,271
Payables & Accruals
- -
- -
- -
ST Debt
7,055,166
7,222,314
6,805,200
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.52%
9.92%
13.7%
Free Cash Flow
-235.49%
-257.23%
-493.75%
Net Income, GAAP
12.34%
28.47%
72.48%
Sales/Revenue/Turnover
8.31%
10.76%
14.55%
Total Cash Common Dividend
24.55%
51.4%
-61.65%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,269,040
4,522,069
5,653,286
4,599,313
19,043,708
2025
4,016,732
4,721,886
- -
7,594,772
21,815,238
2026
6,129,098
6,967,815
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
223.88
193.88
305.44
230.61
953.98
2025
229.74
292.52
- -
448.3
1,645.41
2026
460.25
380.48
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
-44.07
182.5
294.47
2025
81.22
-43.21
133.64
-58.68
112.92
2026
253.34
82.3
- -
- -
- -
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Business
Petrovietnam General Services Joint Stock Corporation (PETROSETCO) is a Vietnam-based multi-sector enterprise engaged primarily in information and communications technology distribution, industrial supply chain logistics, catering services, and real estate asset management. Founded in 1996 and headquartered in Ho Chi Minh City, Vietnam, the company operates nationwide across four core business segments: Distribution Services, Supply Chain Services, Catering Services, and Property Services. The company offers a comprehensive portfolio of products and services, including the authorized wholesale and retail distribution of consumer electronics, telecommunications devices, and IT equipment; smartphones, laptops, tablets, and wearable devices for international brands such as Apple, Samsung, and Realme; supply chain and procurement support for offshore and onshore energy projects; trading and distribution of liquefied petroleum gas (LPG), industrial chemicals, plastic resins, agricultural fertilizers, and textile fibers; heavy lifting, transport, and specialized technical labor supply for petroleum drilling operations; full-service catering, food provisions, and life-support operations for offshore oil rigs, maritime vessels, manufacturing plants, and educational institutions; and property management, building operations, and commercial leasing for office complexes, warehouses, workshops, and hospitality assets. The company operates through a network of specialized subsidiaries, including Petroleum General Distribution Services Joint Stock Company (PSD), Petroleum High Technology Products Distribution Joint Stock Company (PHTD), Petroleum Offshore Trading and Services Joint Stock Company (POTS), and Petrosetco Assets Management Joint Stock Company (PSA). In recent developments, the company transitioned into an independent corporate structure following the completion of the state-owned Vietnam National Oil and Gas Group (Petrovietnam) divestment. Building upon its restructured ownership, the company renewed and expanded its authorized distribution partnership with Apple, which continues to drive the majority of consolidated revenue. Additionally, the corporation enacted substantial charter capital increases through bonus share issuances and rights offerings to support strategic expansion into industrial logistics infrastructure, commercial real estate projects, and utility-scale clean water distribution.