PetroVietnam Low Pressure Gas Distribution JSC

PetroVietnam Low Pressure Gas Distribution JSC

HHOSE:PGD
23,300.00
VND
-300.00
(-1.27%)
2.25TMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
80,441.23
70,351.11
49,851.39
47,517.76
68,545.56
82,241.56
80,632.75
76,029.55
90,871.44
113,886.21
99,908.69
110,483.21
115,684.88
- -
Basic EPS, GAAP
2,619.1
1,671.69
2,406.47
2,215.98
2,108.01
2,455.82
2,360.99
2,049.68
2,565.91
4,168.93
2,684.8
2,516.9
1,700.55
- -
Free Cash Flow per Basic Share
6,243.72
9,955.05
-7,378.06
4,229.83
4,721.85
-335.44
5,339.69
5,399.19
-1,083.76
4,711.76
973.91
5,992.8
-562.63
- -
Dividend per Share
2,249.6
883.34
1,671.23
909.09
1,636.36
2,727.27
2,272.73
2,272.73
1,818.18
2,272.74
4,090.93
1,499.99
1,499.99
- -
Book Value per Share
11,224.46
11,742.47
12,827.78
13,986.91
14,296.23
13,861.7
13,786.12
13,420.56
13,974.12
15,709.6
14,157.14
14,924.99
14,904.29
14,943.75
Tangible Book Value per Share
10,709.44
11,271.01
12,362.84
13,523.6
13,824.89
13,389.78
13,295.81
12,952.19
13,474.23
15,219.08
13,655.02
14,441.63
14,437.92
14,482.92
Basic Weighted Avg Shares
80
99
99
99
99
99
99
99
99
99
99
99
99
99
Sales/Revenue/Turnover
6,422,140
6,964,611
4,935,182
4,704,157
6,785,865
8,141,740
7,982,471
7,526,764
8,996,080
11,274,428
9,890,692
10,937,646
11,452,603
- -
Operating Margin (%)
4.01
2.77
6.05
5.92
3.61
3.59
3.47
3.28
3.34
4.48
2.95
2.62
1.47
- -
Depreciation Expense
42,246
49,498
123,438
163,677
110,824
112,097
82,684
76,418
60,511
59,114
52,403
55,471
49,110
- -
Net Income, GAAP
209,100
165,494
238,235
219,378
208,689
243,121
233,733
202,914
254,020
412,713
265,788
249,168
168,351
- -
Effective Tax Rate (%)
25.66
22.6
22.72
20.41
20.69
20.73
20.91
20.52
21.42
20.58
20.76
20.37
19.76
- -
Profit Margin (%)
3.26
2.38
4.83
4.66
3.08
2.99
2.93
2.7
2.82
3.66
2.69
2.28
1.47
- -
Working Capital
590,763
790,431
592,895
792,248
646,464
703,671
749,777
719,923
933,377
1,134,734
993,825
1,087,769
1,103,989
1,126,439
LT Debt
- -
- -
186,677
170,037
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
1,023,913
1,162,486
1,269,923
1,384,675
1,415,297
1,372,279
1,364,797
1,328,607
1,383,408
1,555,217
1,401,519
1,477,533
1,475,485
1,479,391
Return on Invested Capital (%)
20.45
15.12
18.14
14.39
13.6
17.04
16.72
14.98
18.39
27.57
17.61
17.19
11.21
- -
Return on Capital (%)
20.71
15.14
18.38
15.45
14.13
17.44
17.08
15.07
19.07
28.31
18.37
17.49
11.38
- -
Return on Common Equity (%)
20.71
15.14
19.59
16.53
14.91
17.44
17.08
15.07
18.73
28.09
17.98
17.31
11.4
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
30,477
50,583
50,583
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
99
99
99
Market Capitalization
2,336,337
2,306,637
2,252,189

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,203,207
3,016,964
4,204,148
Cash, Cash Equivalents & STI
1,966,205
1,624,172
2,389,149
Accounts Receivable, Net
571,703
607,785
835,269
Inventories
55,029
104,639
54,859
Total Current Liabilities
2,099,218
1,843,253
3,077,709
Payables & Accruals
- -
- -
- -
ST Debt
30,477
50,583
50,583
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.7%
2.39%
-0.14%
Free Cash Flow
-227.17%
-65.64%
-109.39%
Net Income, GAAP
- -
2.68%
-32.43%
Sales/Revenue/Turnover
9.98%
9.58%
4.71%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,292,346
2,899,040
2,906,462
2,839,798
10,937,646
2025
2,558,778
2,973,956
- -
2,828,582
11,452,603
2026
2,489,854
3,858,525
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
371.5
1,427
985.92
-22.27
2,516.9
2025
0.14
649.83
- -
301.13
1,700.55
2026
656.24
-451.67
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1,499.99
2025
- -
- -
- -
- -
1,499.99
2026
- -
- -
- -
- -
- -

Company Description

CEO
Nam Thanh Tran
Full Time Employees
284
Sector
Utilities
Industry
Gas distributors
Address
Ho Chi Minh City Vietnam
IPO Date
Nov 26, 2009
Business
PetroVietnam Low Pressure Gas Distribution Joint Stock Company (PV GAS D) is a Vietnam-based energy distribution company primarily engaged in the transportation, marketing, and distribution of low-pressure natural gas, compressed natural gas, and liquefied natural gas for industrial consumption. Founded in 2007 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a key subsidiary of PetroVietnam Gas Joint Stock Corporation (PV GAS) under the state-owned Vietnam Oil and Gas Group (PetroVietnam). The company specializes in the wholesale and retail distribution of piped low-pressure natural gas via dedicated industrial pipeline networks; the trading and supply of compressed natural gas (CNG) and liquefied natural gas (LNG); the engineering, design, procurement, installation, and operation of gas distribution infrastructure, city gate stations (CGS), and pressure reducing stations (PRS); and the provision of technical consulting, energy efficiency audits, maintenance, repair, and safety inspection services for specialized industrial gas equipment and combustion systems. PV GAS D primarily caters to manufacturing enterprises across heavy and light industries, including ceramics, construction materials, metallurgy, chemicals, electronics, and food and beverage processing, operating across major industrial clusters in the Southern Economic Region, such as Ba Ria-Vung Tau, Dong Nai, Binh Duong, Long An, and Ho Chi Minh City, as well as the Northern Economic Region, including Thai Binh and adjacent provinces. In recent developments, the company has expanded its commercial portfolio to integrate imported LNG distribution sourced from the parent company's Thi Vai LNG Terminal, deploying both pipeline gas and ISO tank distribution models to industrial customers to offset domestic field depletion and support corporate decarbonization targets. Furthermore, PV GAS D has established strategic fuel conversion partnerships with major industrial manufacturers, upgraded smart metering and supervisory control and data acquisition (SCADA) systems across its gas grid, and extended its pipeline network into new master-planned industrial parks to accommodate growing clean energy demand.