Sai Gon Ground Services JSC

Sai Gon Ground Services JSC

HHOSE:SGN
52,000.00
VND
+100.00
(+0.19%)
1.83TMarket Cap
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
47,253.48
21,793.88
14,562.07
29,676.61
43,408.73
38,201.85
37,056.71
- -
Basic EPS, GAAP
10,316.46
2,628.21
1,598.5
4,115.39
6,784
7,301.02
6,050.01
- -
Free Cash Flow per Basic Share
3,172.97
-1,053.53
5,598.91
5,295.56
8,355.75
9,804.6
5,157.08
914.21
Dividend per Share
2,346.03
4,421.74
2,500
2,500
2,500
2,500
2,500
2,143.14
Book Value per Share
26,465.61
24,727.48
23,134.83
23,904.76
27,983.24
27,540.65
27,190.6
35,912.97
Tangible Book Value per Share
26,098.51
24,360.37
22,767.73
23,537.65
27,616.14
27,540.65
27,190.6
35,522.4
Basic Weighted Avg Shares
34
34
34
34
34
34
33
34
Sales/Revenue/Turnover
1,585,150
730,827
488,319
995,163
1,455,651
1,281,045
1,241,348
- -
Operating Margin (%)
29.02
12.95
10.21
15.93
17.44
20.99
15.7
- -
Depreciation Expense
88,503
124,485
121,904
108,162
87,569
68,349
58,772
- -
Net Income, GAAP
346,073
88,133
53,603
138,004
227,492
244,830
202,667
- -
Effective Tax Rate (%)
20.11
21.23
27.85
21.17
18.28
20.06
19.15
- -
Profit Margin (%)
21.83
12.06
10.98
13.87
15.63
19.11
16.33
- -
Working Capital
509,999
439,280
498,661
640,820
799,544
828,581
695,818
1,180,837
LT Debt
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
968,335
885,068
820,290
861,908
1,012,320
1,021,832
1,102,058
1,510,223
Return on Invested Capital (%)
- -
9.08
4.94
16.13
25.22
23.52
18.78
- -
Return on Capital (%)
- -
9.73
7.62
17.16
22.9
21.86
17.23
- -
Return on Common Equity (%)
- -
10.27
6.68
17.5
26.15
26.3
22.1
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
33
33
33
Market Capitalization
1,986,466
1,741,927
1,829,023

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
965,173
1,653,649
1,627,195
Cash, Cash Equivalents & STI
751,629
1,169,988
1,206,743
Accounts Receivable, Net
239,588
295,240
288,009
Inventories
10,784
10,955
10,627
Total Current Liabilities
269,355
307,851
446,358
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
4.8%
7.85%
Free Cash Flow
- -
-121.84%
-47.46%
Net Income, GAAP
- -
34.7%
-17.22%
Sales/Revenue/Turnover
- -
20.36%
-3.1%
Total Cash Common Dividend
- -
- -
-0.1%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
368,729
380,238
379,582
389,682
1,281,045
2025
417,988
355,985
- -
355,858
1,241,348
2026
388,695
394,206
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,845.17
1,894.83
2,038.86
2,293.31
7,301.02
2025
2,131.79
1,665.29
- -
1,269.23
6,050.01
2026
1,926.13
1,987.3
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
2.48
2,500
2025
- -
- -
370.02
1,772.62
2,500
2026
- -
- -
- -
- -
- -

Company Description

CEO
Anh Tuan Bui
Full Time Employees
1,914
Sector
Transportation
Industry
Other transportation
Address
Ho Chi Minh City Vietnam
IPO Date
Jul 4, 2018
Website
sags.vn
Business
Sai Gon Ground Services Joint Stock Company is a Vietnam-based provider of comprehensive aviation ground handling and airport support services. Founded in 2004 and headquartered in Ho Chi Minh City, Vietnam, the company operates as an affiliate of the Airports Corporation of Vietnam and delivers terminal and apron ground operations across major international airports, including Tan Son Nhat International Airport in Ho Chi Minh City, Da Nang International Airport, and Cam Ranh International Airport. The company offers an extensive portfolio of aviation services comprising passenger handling; check-in, ticketing, and gate boarding management; baggage sorting, transport, and lost-and-found administration; special passenger handling for VIPs, unaccompanied minors, and passengers with reduced mobility; aircraft marshaling, positioning, towing, and pushback; baggage and air freight loading and unloading; cabin cleaning and interior sanitization; potable water replenishment and lavatory servicing; ground power unit, air start unit, and air conditioning provisioning; unit load device management; flight dispatch, load planning, weight and balance calculation, and flight documentation; air cargo and mail receiving, warehousing, and customs document processing; temperature-controlled and dangerous goods handling; and ground support equipment maintenance and overhaul. The company serves scheduled passenger airlines, cargo carriers, charter operators, and executive aviation clients globally. In recent developments, Sai Gon Ground Services has expanded its strategic footprint by preparing infrastructure and operational bidding for ground handling concessions at the new Long Thanh International Airport, accelerated its transition toward sustainable apron operations through investments in electric ground support equipment and digital ramp management systems, and renewed and expanded multi-year service contracts with major international carriers resuming and increasing flight frequencies into Vietnam.