PetroVietnam Transportation Corp.

PetroVietnam Transportation Corp.

HHOSE:PVT
23,600.00
VND
+600.00
(+2.61%)
10.26TMarket Cap
Dec 02Next Earn
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
9,597.29
10,189.78
11,145.22
13,025.74
11,892.28
14,553.03
15,008.38
14,281.65
14,431.65
17,501.91
18,486.01
22,696.06
30,977.09
- -
Basic EPS, GAAP
463.02
659.91
712.05
803.89
870.72
1,261.44
1,334.04
1,307.87
1,276.28
1,658.5
1,881.19
2,114.88
2,007.59
- -
Free Cash Flow per Basic Share
784.57
19.31
819.48
1,674.47
617.43
-904.88
-1,245.92
2,629.74
-2,141.26
988.88
-4,811.02
-2,703.95
-1,120.2
512.8
Dividend per Share
51.42
37.34
75.94
448.48
588.34
600.4
658.07
326.46
739.96
78.34
332.45
294.38
134.1
133.18
Book Value per Share
5,452.39
6,056.24
6,571.09
6,911.91
7,133.25
7,781.67
8,475.19
9,494.21
10,049.34
11,611.31
13,175.27
14,932.64
16,778.11
17,970.28
Tangible Book Value per Share
5,444.4
6,050.17
6,566.27
6,902.21
7,122.52
7,772.6
8,468.21
9,491.31
10,047.62
11,611.01
13,170.96
14,929.06
16,773.22
17,963.73
Basic Weighted Avg Shares
517
517
517
517
517
517
517
517
517
517
517
517
517
517
Sales/Revenue/Turnover
4,961,315
5,267,603
5,761,451
6,733,575
6,147,640
7,523,096
7,758,369
7,382,694
7,460,234
9,047,363
9,555,979
11,732,148
16,012,814
- -
Operating Margin (%)
7.49
6.71
9.85
7.8
9.81
10.66
11.96
11.42
12.73
13.64
14.81
16.52
11.27
- -
Depreciation Expense
367,570
397,371
447,313
465,616
577,822
599,527
749,722
877,287
929,746
1,195,322
1,354,304
1,798,639
2,191,241
2,352,771
Net Income, GAAP
239,359
341,140
368,091
415,565
450,111
652,093
689,610
676,086
659,757
857,339
972,444
1,093,234
1,037,773
- -
Effective Tax Rate (%)
20.74
17.21
20.79
19.68
20.45
20
19.24
19.77
19.77
20.66
21.12
21.34
19.64
- -
Profit Margin (%)
4.82
6.48
6.39
6.17
7.32
8.67
8.89
9.16
8.84
9.48
10.18
9.32
6.48
- -
Working Capital
1,625,361
1,757,316
1,630,112
1,848,617
1,922,234
1,844,394
1,318,027
2,466,164
2,399,809
3,230,965
2,905,257
2,933,705
3,454,718
4,230,285
LT Debt
3,491,441
3,238,288
2,715,753
2,432,408
2,153,038
2,324,741
2,418,917
1,987,480
2,468,112
2,591,341
4,540,432
5,375,531
6,245,364
5,621,627
Total Equity
3,622,478
3,972,422
4,325,439
4,333,462
4,661,702
5,139,558
5,690,966
6,322,400
6,963,198
8,014,059
9,030,395
10,389,475
11,490,189
12,180,956
Return on Invested Capital (%)
3.71
4.13
4.93
5.88
7.07
8.96
9.18
8.74
8.3
8.41
7.91
8.18
6.84
- -
Return on Capital (%)
3.36
4.55
4.82
5.71
6.64
7.13
8
6.81
5.97
4.99
7.67
6.58
6.09
- -
Return on Common Equity (%)
8.85
11.47
11.28
11.92
12.4
16.92
16.41
14.56
13.06
15.31
15.18
15.05
12.66
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,394,164
1,394,718
1,386,812
LT Borrowings
6,245,364
5,819,855
5,621,627
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
517
517
517
Market Capitalization
8,646,735
10,244,501
10,260,841

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,522,113
8,094,339
8,960,272
Cash, Cash Equivalents & STI
4,898,653
5,265,293
5,811,772
Accounts Receivable, Net
1,517,830
1,591,077
1,614,932
Inventories
345,436
364,068
506,970
Total Current Liabilities
4,067,395
4,056,832
4,729,987
Payables & Accruals
- -
- -
- -
ST Debt
1,394,164
1,394,718
1,386,812
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.34%
12.71%
10.59%
Free Cash Flow
-149.52%
-203.3%
-58.57%
Net Income, GAAP
11.82%
9.66%
-5.07%
Sales/Revenue/Turnover
11.6%
17.44%
36.49%
Total Cash Common Dividend
77.88%
59.15%
-54.44%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,536,107
2,988,071
2,934,146
3,267,626
11,732,148
2025
2,789,546
4,312,626
- -
4,480,278
16,012,814
2026
4,177,077
5,713,828
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
491.05
766.36
931.82
533.64
2,114.88
2025
549.09
627
- -
515.45
2,007.59
2026
617.27
1,070
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.57
0.24
173.16
214.38
294.38
2025
0.15
0.91
120.99
12.09
134.1
2026
- -
- -
- -
- -
- -

Company Description

CEO
Hieu Duyen Nguyen
Full Time Employees
2,709
Sector
Transportation
Industry
Marine shipping
Address
Ho Chi Minh City Vietnam
IPO Date
Nov 27, 2007
Business
PetroVietnam Transportation Corporation (HOSE: PVT), a subsidiary of the state-owned Vietnam Oil and Gas Group (PetroVietnam), is a Vietnam-based maritime logistics and energy transportation provider primarily engaged in marine oil and gas shipping, offshore technical support, and vessel chartering services. Founded in 2002 and headquartered in Ho Chi Minh City, Vietnam, the company serves national energy infrastructure, domestic refineries, and multinational energy trading firms across domestic and international shipping routes. The company operates through three principal business segments: Marine Transportation, Floating Storage and Offshore Services, and Maritime Logistics and Technical Services. Its core offerings include crude oil marine transportation utilizing Aframax tankers for domestic refineries including Dung Quat and Nghi Son; refined petroleum product shipping covering gasoline, diesel, and jet fuel; liquefied petroleum gas (LPG) and liquefied natural gas (LNG) sea transportation; dry bulk cargo shipping including coal, industrial minerals, and agricultural commodities via Supramax and Ultramax vessels; chemical and specialized liquid cargo shipping; operation, management, and leasing of Floating Production Storage and Offloading (FPSO) and Floating Storage and Offloading (FSO) units for offshore oil and gas exploitation; offshore support vessel (OSV) services including anchor handling tug supply (AHTS) and crew transfer operations; commercial ship management, technical maintenance, and crewing services; and maritime agency, bunkering, and logistics forwarding services. The company conducts operations domestically and internationally through major subsidiaries and affiliates, including Pacific Petroleum Transportation Joint Stock Company, Gas Shipping Joint Stock Company, Phuong Dong Petroleum Transportation Joint Stock Company, and PVTrans Vung Tau Joint Stock Company. In recent developments, PetroVietnam Transportation Corporation has accelerated a multi-year fleet modernization and expansion initiative, acquiring modern Very Large Gas Carriers (VLGC), medium-range (MR) product tankers, chemical carriers, and bulk vessels to capitalize on global freight demand. The company has broadened its global market footprint, deploying over eighty percent of its fleet capacity on international routes across the Asia-Pacific, the Middle East, Europe, and the Americas through long-term time-charter and spot contracts with international energy majors and commodity trading houses. Furthermore, the company has executed capital increases across key transportation subsidiaries to finance next-generation tonnage, implemented vessel efficiency upgrades to meet International Maritime Organization carbon-intensity and environmental compliance standards, and expanded its gas shipping infrastructure to support emerging liquefied natural gas import projects in Southeast Asia.