Vietnam Fumigation JSC

Vietnam Fumigation JSC

HHOSE:VFG
41,800.00
VND
0.00
(0.00%)
1.95TMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
54,874.25
49,614.2
45,160.38
49,777.44
71,364.05
78,211.83
83,841.82
84,631.86
- -
Basic EPS, GAAP
3,134.47
3,409.34
3,916.55
3,945.87
5,493.88
7,086.04
11,270.84
8,082.18
- -
Free Cash Flow per Basic Share
-2,643.6
7,485.13
-2,524.14
18,382.98
-2,394.28
-558.8
3,158.05
2,844.72
1,076.03
Dividend per Share
1,612.27
2,276.41
1,898.73
2,279.66
1,900.56
3,457.82
4,197.62
5,035.64
987.95
Book Value per Share
21,393.1
22,115.79
23,201.2
24,130.81
27,313
29,862.13
37,268.34
39,873.12
40,824.97
Tangible Book Value per Share
19,987.34
20,751.51
21,882.62
22,846.16
25,961.99
28,551.91
35,982.29
38,625.41
39,595.32
Basic Weighted Avg Shares
42
42
42
42
42
42
42
42
42
Sales/Revenue/Turnover
2,288,965
2,069,553
1,883,771
2,076,363
2,976,781
3,262,420
3,497,261
3,530,216
- -
Operating Margin (%)
7.14
8.75
9.8
9.5
8.97
10.55
10.83
11.72
- -
Depreciation Expense
21,403
21,723
21,985
20,335
21,500
22,194
22,855
27,495
26,761
Net Income, GAAP
130,748
142,214
163,371
164,594
229,164
295,577
470,136
337,129
- -
Effective Tax Rate (%)
21.09
20.28
21.59
19.82
20.34
21.33
17.4
21.31
- -
Profit Margin (%)
5.71
6.87
8.67
7.93
7.7
9.06
13.44
9.55
- -
Working Capital
515,207
540,782
619,748
676,239
772,421
874,776
1,333,328
1,459,616
1,503,329
LT Debt
30,760
15,509
- -
- -
- -
- -
- -
- -
- -
Total Equity
879,148
908,904
967,790
1,006,566
1,139,297
1,245,628
1,605,876
1,714,735
1,751,485
Return on Invested Capital (%)
- -
11.98
13.28
13.98
19.21
19.56
26.66
18.53
- -
Return on Capital (%)
- -
12.81
13.84
14.67
20.34
20.91
27.9
18.74
- -
Return on Common Equity (%)
- -
15.91
17.41
16.67
21.36
24.79
33.58
20.95
- -

Capital Structure

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
87,449
- -
89,082
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
42
42
42
Market Capitalization
2,194,083
2,052,261
1,952,150

Working Capital

VND

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,149,025
2,770,053
2,712,641
Cash, Cash Equivalents & STI
741,128
1,032,944
661,673
Accounts Receivable, Net
544,338
742,677
878,404
Inventories
860,074
989,679
1,175,878
Total Current Liabilities
689,409
1,251,263
1,209,311
Payables & Accruals
- -
- -
- -
ST Debt
87,449
- -
89,082
Deferred Revenue
- -
- -
- -

Growth Rates

VND

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
12.45%
6.78%
Free Cash Flow
- -
-338.61%
-9.92%
Net Income, GAAP
- -
19.95%
-28.29%
Sales/Revenue/Turnover
- -
14.27%
0.94%
Total Cash Common Dividend
- -
25.35%
19.96%

Quarterly Revenue

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
965,807
850,854
885,220
795,380
3,497,261
2025
1,065,654
799,917
- -
954,143
3,530,216
2026
1,119,246
935,638
- -
- -
- -

Quarterly Earnings Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,886.43
1,954.32
4,650.86
2,779.22
11,270.84
2025
2,260.42
1,664.27
- -
2,622.15
8,082.18
2026
2,310.94
1,790.65
- -
- -
- -

Quarterly Dividends Per Share

VND

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
987.59
988.31
987.95
1,233.78
4,197.62
2025
- -
- -
1,179.74
-191.79
5,035.64
2026
- -
- -
- -
- -
- -

Company Description

CEO
Cu Cong Truong
Full Time Employees
1,445
Sector
Process industries
Industry
Chemicals: agricultural
Address
Ho Chi Minh City Vietnam
IPO Date
Dec 21, 2009
Website
vfc.com.vn
Business
Vietnam Fumigation Joint Stock Company (HOSE: VFG), operating under the commercial name VFC, is a Vietnam-based provider of agrochemical products, commodity fumigation, and pest control services. Founded in 1960 and headquartered in Ho Chi Minh City, Vietnam, the company operates as a core agricultural subsidiary of The PAN Group, serving agricultural producers, export-import enterprises, industrial manufacturers, and commercial clients throughout Vietnam. The company conducts its operations across four primary business segments: Agrochemicals, Fumigation and Pest Control Services, Office Leasing, and Hospitality. The company's core products and services comprise: the manufacturing, processing, formulation, and wholesale distribution of crop protection chemicals and agricultural inputs, including chemical and biological fungicides, insecticides, selective and non-selective herbicides, molluscicides, plant growth regulators, organic fertilizers, foliar nutrients, and certified crop seeds; the distribution of proprietary crop protection brands through strategic partnerships, including Syngenta products such as Amistar Top, Virtako, Pexena, Tilt Super, Score, and Cruiser for rice, industrial crops, vegetables, and fruit orchards; the provision of maritime and quarantine fumigation services for agricultural commodities, timber, animal feed, and processed goods stored in or transported via ocean vessels, river barges, shipping containers, grain silos, and bonded warehouses; the delivery of professional pest control operator and integrated pest management services for food processing plants, logistics facilities, hotels, resorts, and residential properties; the installation and execution of subterranean termite control and structural pest barrier systems; the distribution of fumigant chemicals, including phosphine and methyl bromide formulations, cargo moisture desiccants, gas monitoring instruments, safety equipment, and insect light traps; the leasing and management of commercial office properties, primarily the VFC Tower in Ho Chi Minh City; and the management of hospitality properties, including the Novotel Nha Trang hotel. In recent developments, Vietnam Fumigation Joint Stock Company has deepened its strategic partnership with Syngenta Vietnam, expanding its domestic distribution rights across key agricultural regions such as the Mekong Delta and Central Highlands to capture greater market share in high-value crop protection segments. In corporate transactions, the company completed the consolidation of Hai Yen Company Limited by acquiring a 66.67 percent controlling ownership stake, establishing it as an active subsidiary. Operationally, the company has expanded its portfolio of biological and environmentally friendly crop solutions, integrated automated gas detection and digital tracking systems across its cargo fumigation operations as the sole Vietnamese member of the International Maritime Fumigation Organization, and broadened its technical transfer stations and agronomic consulting network nationwide.